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<br /> ` � � L. Notwit�stauding��}�ye���3� m Dead of Tmst to the canuary'.th�tera�s of ttvs seaion shaU
<br /> �� � � �urvive any forectosure or sa�sfacti�n o!this Deed of Tmst rega:dless of aaY P�Se of title to Bffieficiaty or any . .
<br /> ' . . . ? disgosidoa by Beneffciaty of any or alf of the Pmperty.Any cta�as and defeases to the cotstrarY are he�bY waived. : .'t' •
<br /> .� � ; rlvat�or public :. .
<br /> Z0.CONDEIVIIOTATIOPI.Trttstoz will give Beaeficiaty�pa+umpt notice af auy action.rea!or thieatened.by p a
<br /> � , . ` enriries to pvrcha,se or ta�e aay or all of the Fmpecty.ine[adix►g any easements.t�rough wndemnation.eminent domua.
<br /> � : '� or aary other means.Ttustar fiuther�s to aotify Braefidary of aay proa�edings in5�imted for the establishmeat of anY . .
<br /> . -;. water.wnserva3iau, ditd�. drainaSe•or othet district relating to or binding apon the Pmpert}r or any part of it.
<br /> .,.�� -�; . : sewer. . ` -
<br /> �_ ,_?- . -? to int�vwe in Ttustor s aame in any of the above desccibod a�tons or claims aad to colle�x
<br /> 'in�storsuthori�s��'I�ry - — --- -
<br /> "�`;"s;�;::..° -. � a a d r e c e ive all sums msuttin�feom the artioa or claim.7'iustor acsigas to Beneficiary the pioc�eeQs S of any�°shall be ' '._. .:
<br /> . � . � for damages coanecud witb a oo n d e�m na t ion or o t h P r t a k i n g o f a U o z a n y p a r t o f t h e P m p e rt y. n c h p . .: -.{ „�_
<br /> , �,� oo n s idemd pa y m e n t s and will be applied as pmvided in this Dead of Tiust.'iliis assignmeat of pmoeeds Lc subject to the - ---S-,. -
<br /> . � � . •,? tenas of aay pdor security a&�- . � -
<br /> � � i , . _.,. - -:.,
<br /> 21.INSURANCE.Tzustor agsees to maintain iacivauoe as foilows: ';;`-:r�`�`'::�-.� ::
<br /> ` . � =n loss by fire.thef[aud�other hazards and risks reamnabjy associated �. : y. .:
<br /> . � A. Tn�stor shall kcep the P�opary insux�d a8ainst .;,
<br /> � ' aittt t�Praperty due to Its rype aad tocation.Qiher harards and cnsks map inciude.for example,covera�e against �;'•: ::.j ... .
<br /> A��
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<br /> s h a ll 1 ie main t a i a e d in the amounts aad far the g�iads tHat ` ` r�
<br /> • i loss due to Roods or Aooding. 'ibis ins�rance � be chosen by T�ascur subject w j
<br /> � insurance carrier providit� t6c *n�,•anoe :,.,� �- .
<br /> ' i ��� ' � w(i h F t e I s� ff Ttastor fa�s to mainraia the cavetage
<br /> ," . .; Bemt�i�Y's��taval.wbich shalt aoi be Wtt�aablX ,
<br /> � d�s'betl at�o��e.Beneficiazy maY, at Sefse6ciar5'�s�optian., abtain.c�over�e w Pmtect Seaeficsa�Y'�rights ia the r ' i T�,. ::
<br /> � , " .j . pj,o�ty a�ooiding to the t�of this IIeed.of:'E� . F , ' —
<br /> .: � �,R -
<br /> � le w BeaeSciary aad sha11 �a �d�d ���� f �! o '..
<br /> '�?�' Ail ins�uance Policies aad renewa1s shall"be�aoa�cab nn Be�ci� af �� ,, �;-
<br /> , ,:.:t:. clause'and,where aPPficable, "beneficiary tos$payee clause.° Tcu..roor shatl �a�tY tifY , ' ,,�}�_
<br /> - - ' canceitatioa ar te:u�inadon of the iaswautie.H�efic�arq shari have ffie�to(�oid cTxe�gotiries.aud.�ewats•If
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<br /> � � Beaefic�a:y zeqaises, Tnu[ar shaU �Y �e to BeQeficiazy allI �eoeipts of.�raid`pr�mim�au� r�ewal ��'.-:'�;�_:
<br /> . toss,Tmstor sI�all giae imahediaze notice co the in��canier auct�efciasY•�3'�Y `;,"=`�!�:_��s=::-
<br /> ' aotices.Upon b Tnuwr. .. . . —
<br /> . •���.� �a&e proof of loss if not made i�edistelY Y " ��
<br /> �•
<br /> _ .. . . ,�ceetls shaII be applied to restoration or �`�,�",;�_:
<br /> � . . Untess$enefitiaiY and'Tnutor othe�se agree in writi�. ��Pra �'�'«,-- ��
<br /> ri �feas'ble aad Beaeficiary's seauitY is not F,y �� -
<br /> � sepair of the Pr�px�tl►damaSed if the�estorattoa or repair is eoono�alS�..
<br /> `,`. • . lessened- If th�rwtoraatiaa or reQair is not eoonnmically feas�'ble or�.e�iarY's securitY won2d be lesseaed,ihe ��,�i;t'`"'�''°`�.
<br /> .�a� ' . . . I a& �th a�r e�ccess peld IO TiuSWl. i��,7,;,�`_
<br /> r j•.��• � ; °. �pzo�9s sbaU be appl�ed to the Secured Debt,whether oa�a�c cl�au due, �.;�:. ..,�_—
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<br /> � ,�•,. .�,� If'�'n�swr abattdons the Property.ai daes not ansaer arithin 30 da}F a m�tice fmm Baiefi���y� �,.• :
<br /> :�t�`.� �.,; ._ caaaerh�aff�red to se[t2ea claim.then Beneficiary may ooilecttY�;Gc�sis�aaeepmo�ds. ��,,:::.:-�-
<br /> the Secured Qe��`w'��c oa u�t��a dne,.'t�a.30�dey penod � ':�'' '
<br /> ,;ls�;� �. prooe�da t��s or mstorc the property or to pay :: , . . ° �,;',y, _
<br /> �?,rr r ���, • will begi�s wben w'h�nodce is given. � ,. , ,. X � .
<br /> ,,��, sba11 not extead F5; ° �.."�''
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<br /> �.�. I�C&I�3�.Of i�DC�ISiIi��+f�.'�
<br /> �`.f,,, � �,:f . ,. .. �'i�ess�ata��nd Tmswr otherwJse a�rae i!n writing.a;►Y aPP P r,+r.•� �
<br /> � led a ot E a�e atno�mt of the p�y�.�34 the Propert3►is acquired t;:�',' r�"
<br /> . . _ t ��ae�dur date oY sct}edu P Y��. �� m�ilting ftom;da�saage to the Property 6efore -
<br /> , .:���.�r. .�'� � `.bs�:Beaefie�acs�.'1`n�stOr•s rigbc w any ws�uance pon�ana pmceeds —�
<br /> . �`. .,thac aoqtiisidqn at�all pa�s to BeneScaary to the e�tent os:}�tt�3tacuned Debt immediately before the acquisition. �,._-_
<br /> � - � � B. 'IYustor agne�s ta.p�aintain comprehensn+e.g�i�e�al Uability insurance aaming Beneficiary as an addit�onal insured ia '' ,��_
<br /> . •;r'� .. ax�tabte to Beaefic' Ias�n�i agaiast claiffs arising from any accideat or aociureuce in or on the a,:� .�-��
<br /> att a1ri011IIt ��Y. �'� :�'�•. .
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<br /> �2dCf1Ci8ry.iA�t18�o11At . .:.�
<br /> .:���, C. Truseor agees to maintain rental ioss or t��iess intem�+tion insurance,as requised bY . . .-..—
<br /> - equal to at least coverage of one yeaz's dxbi sc�vice,and required escrow account deposita(if agt�eed to separately �:.�;i::,, �_
<br /> '� „ ,,� `
<br /> ...�rr :
<br /> y�;. � :_: In wridn g),under a forra of goltcy aooepraDle zo BeueBciarY• *r•ir,r„
<br /> � ��)fM1� . - J • � : .. .. _ . . .�. � . . . '�:��I4t�' _ .
<br /> j��' , ` ' ;:��.IriO F.SCROW FOR�T!#XES AND IlVSU1tAN�:�lntess otheraise provd�a�t�m a sepatate agreemen?.'II'austor will not .�f,:��{ �__
<br /> `1'���' . �. _ • be required co pay to:8�ae8clary faads for taxes an�i s�s�nce i�t esccow. ;, ,a ; �.Y;:
<br /> . .. , , �,. �. � r, s �•u�x.:
<br /> �� .� .. , � n est. �Y k�. _-
<br /> � ��" 23.FINAth�Q�1L REP'OA'�5 AT�'D ADD1TiONAL DOGUM��FIi"S.Tmsw;an''�provide to Beaeficiarp t�po mcN
<br />_,_J4l�,r�,,. � . ..� finarcia�.�statement wi:iri�osmattoa Beneficiary may deem neoes�r9. Tn�stAr•warrants that aU fiaancial statemea�� . ,�
<br /> �� ` �' . n Tmstor;pr�r�des to Beneficiary are. or will be. acrurate, �. and complete. Tmstot ag�ees .p� .
<br /> "�J�';7` ��,:;,+.:;." . . �.��file as�ne:'ic'iacY maY masonab�y request aoy addit�onal�or certifications that Beneficiary may r,�;�� •:
<br /> `�7},1i�;� : �,',��S;� ,' ����i�sary to perfecb cop�ue,and preserve Tn�stor's obiigadaas itni�e�'this Deed of Tnist aad Beneficiary s Hen , +��'�� � rr`''` �'
<br /> ai delive�,and fi�e such documt�uts or oetti8cates W '�.�,��4 F�"
<br /> ;t�• ' , •�';',:;;#!!�� sPa'tus�+an r�*e P c o p e rt y.If T��vis to du so.Bea��ftY �r Beaefrciary's ageat as auoraey i n fact to do the '��,f�,;: . �
<br /> x� � . . .,;�;�I�' Tr�1!�-�ame aad T:astor h�� nzrevacablY 8PP � . �:y�'.� . _
<br />''i!r,;'• . � : things aecessary to complq with i�.p'Section. , q�,;
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<br />��114�i�,.,f..t .. . •�. 1 - ���E � '. �• .
<br /> {4��{-�! .��� f ��: T,�Y.aOII�:AND I1�iPTI�J1�Or'dL LIABII.ITY:CO SIGNERS.SUCCESSORS�dND ASSIGNS$OIJND.All duties uader , .
<br /> 1 �! ' Y . �I� �� t�
<br /> c��+�J;� . tbis�It:uxi'i�f Trust ace�oint aud i�avidua1.If Tn�stor slgas tD�s Deed oP 7Yust but dae�s�ot�s� recf Debtnand f'IYastar �� ��� ,�
<br /> . �,�.�t; to sec�re
<br /> `�:;!„'i� ;' . "�CrnKr��iists so an[y ta�uortga$ei Tra�swr's interest in the TA�r�l�catY p�°�' to thls D�vf '� �:
<br /> �'.?:�!.� . ,.,�b��isrr°,:igree w Ue petsonally lialil�an the Secured Debt.'Ltnw�sc'agrees'.hat..H�d9p�aQd anY P�Y ��r :-.
<br /> � r� �; .t,•,
<br />--.`�tif°i�'''� ' � , '; . . - 'Cr�ti�t�Y extead, modify or malse auy char►�e in the tes�.?sf�dus.i7eed'yf•�i�i.�sG-tWe Evideace of Debt wi�nnt , r� ,•,_
<br />=-;�F:,, � , ,�'�Ytcs�or's consent.SurB a c6auge ari11 aat te�esse;Tr�toz�as�ti3r:,za:C�+��+�i���d�41�Tenst.The dudea and beaeflts of , .
<br /> ° :";�`�� '• ; . this i�eesi of Tn�st shall blad aad 6enefit the suc:�o� d'�s9i a�,p�`C�tr�ii�d1lBsat�ic9iurS'. , . _ �
<br /> ,;, .�. ' �' . � , . , , -f.,
<br /> .S, ;'.,�. . ._
<br /> •``: ',.;;� If tliis•Deed of Ttust securee a guaranty benveen Beaefiaaig aiiri.7'.ii�smr and du�`an�dSi�.�nily sec,ure the obli�ation wJ�iaf� ';�,.�,�:;.
<br /> F; „.,r,._• an acdon ar ciaim�. nst � .,.�
<br /> � is guarantied.Trustor agcees to waive any rights that may pzevent Qenefiasry tin�hi�11 �r�u� Y �. .
<br /> � � Tnistor or any party indebied uader the obii�atioa inctuding,bUt AOt I'iIITitNLLt#!y.313tf'�de�a�cy or one-actton laws.
<br /> f�. , _ _ _
<br /> - ' ZS.APPLICABLE LAWi �BILITY:II�iTERp'ItE'�A7i'QON. 'IT�is Atz�i'of Tivst is govemed by the Iaws of the �.'`.. .
<br /> � jurisdiction in wtilch BeaefiCiary is located,except to the exteat atrierwise c�equired By the lawa of the jurisdictton ahese � �
<br /> .��`!� the Property ia lacated.7lds flexd of Trust is oomplete artd fully Inte�rated.'this D�d df Tmst may not be ameaded or ,
<br /> . �fr�Dy o��. Any sectioA or clause in[his Deed of Tntst.attactu%ents.or any agrcement mlated to the ;:
<br /> :" . BECUred Debt tttat aonflicts with applicaLle Isw arill not be effective, uNr.s�that!aw expressly os isnpl�edly peimits the
<br /> �.,_" . ; variations by writtea agreement.If any sectton or clause of this Deed of�'i'l�t�anot be enfotced according to its ter[�. • _
<br /> � thai secaon or ciause wiil be severed and will aot affect the enforceabitity of�We cemainder of tbis Deed of Tn�st.
<br /> '�:i � �
<br /> ;.� � t�lGenever ased.the singular sla�J isciude the plural and the plural the singular.'ll�e captions and headings of the seaiaas
<br /> � _�_ .i o!t�is Deed of Tnist are for�nveai�ce only and are not co be used to interpret or d¢fim$the terms of this Dced of TrDSt. _ _`—..
<br /> `;�� ' _ 'fime is af the�sseace in tLis b�:of T;u�t. �
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<br /> . O 1993 Bm�.tm�Svstmns.�ne.S�Croue.Mfu It 80039�-23dt1 iam A6L0-OTat£ 10/3097
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