|
_ . ,.:..
<br /> :..� .
<br /> ,. , . ,:
<br /> . . .__ . ._ .. . . �,; �; .
<br /> - t a.� .�...._ ._. . ..... ......�.5,'� ---._,__ ,_. _................_...._.._._.. ---.__.._..__.�... . ._r._'.. . �``"--:�:�
<br /> � _. : 9�� io�r�� .:
<br /> . (d� t3ranwr has the�ght and is duly aut�ociied�ta ernoutp pnd peAom�i4s Obtigatiorts urtder Nts�ed of Trust and thesa setions tlo not and ,_ . .
<br />, ' '� etiali not confliC!with the provisione ot any stnriKa.mguttriir�s,ord3nancg,rute of taw,conVaCt ar other agreemertt wAicA may b9�ndirtg on .
<br /> . 's Grantor at eny Umo: � �.
<br /> E (o►Ko actlon or prooeedtng ia oc ahatl 6a pending or thmdf�ry�t:rpttteh might matedetty aflact tl�e Property;end
<br /> � (� (irar�tor has not violated and shal!nat v6a�xta arry stAhttR.,�qguiation,ordinance,ndo of Iaw,conUaet or othe►agresment(ineiuding,but nat z= .
<br /> � .1 limited to.tnosa govomtng Nmardaua Materiats}wfltch migtit rtt�tRti�ily aNect it�9 Rroperty or lsndePe rigRfs m intwrest in the Froperty pursaant •
<br /> : i tO this Deed of ttusL �'�� `. .' ' ,
<br /> - --_- ' � RRIOR OEEDS OF ZRIJST. Grarttor tepressrtta end wartarKa that:fh4�sp ar�no P�ocdeeds at ttust affeding any part ot the Property eACept as sa!
<br /> , ' ' � � PoM on Schedufa 8 attacAed tc this Qeed ot TnisL xfi(ch i�aantat,ngrQ�tp y�mnd.partortn(n e Umery manner_ H there ara any pnar dseda of trust
<br />. � .- � ffiert Qrantar agcees tn pay aJl amounts awed,and parfomt ait.oqti�osf$�quNed.under sucfi deeds of bvst and the indebtedrtess secured thereby _
<br /> and turthet a rees that a Qeisuit undet Bar dead ot 1ru .ah �:be a detautt nder this Deed of Trus!and shail erni9e Lender to ffii rt ts and �r �!°�•�
<br /> , + � remadies wn9Tdined herein or in tha abl a�h'oi�a to whicA Lendqr:wAt�O trB entitted in th9 evecrt of any other detauft � ,
<br /> 0. TAANSfERS QF THE P80PEH?Y OR BEtJEFlCtAL Iti41EA�STS tN tiHA1dTORS OR BORAaW�AS� In the ever�t o!a saia,wmreyar�ce,tease, �' -� ..
<br />- _ _ . � ooritract tar deed or transter to any pe�soc►af a11 ot am►part at,tha caai property.descxibedln Schedule A,or any tntarest therein,a af all o�any :_... ..
<br /> . " -.- Deneficiat IrKerest in Borrower or Grantar(�t BoRrnvar or C�aantpr.i!,�pt a�faturat person or persans Aut is a corporation.tlmifed tlability oomparry. ��-''.�,>r--_ .
<br /> . . � ParfiershiA.uust.or ather(e9a1 erititY?,Lender may�at its optiott d4o18..9 ihe outstanding principa!baianCe of the ULfig3tions pius aecruod tnterest �' ;;.�'s��z_;�v� _.:
<br /> , . .. ' � thereon immed�eiy due and payabte.At t�+der'a request,G c a r i t pr.ot.Boqar�ar.as the case may 60.sha:':`z�sh a e�mp teta statamertt setting f o r t h ��, ; '�:
<br /> ail ot ilssmc3fiotders,members,or parNt�s,�a�prapriate.and t1t9 extsntotthetr respectivo owrvsrsht�,;i�a�is. *
<br /> $.AS.S[G11SQd�NT O�Q'�7$.iU1�'�*1S�E��OI18.WhICh 2[9 38CUI@d���.�6C A�cttlS''s.�"GAttLO?8'�'Gh148�y eSSi9(IS t6 LBrtdBf 811 '- �r _ .r _
<br /> s,,• , � .�4�'sexate,�fgtn:f�Fe.(ntQmst^'�ir�.��:�r,.�vaarr.+edQrho�raoact�d`inaS��,�tr3�ut�ae+-:{aasmsv�thaProAertyt6nciudmg � '��^
<br /> Y�+ r,y� ;�.t��� m�`c�.��icr�s.ac�ds:���s'asj;,a�.�+�r"usaandaocupiri�atat�aFta,�r�r��Y+��Yaas��an�a�rs�;oe�whstherwritteaororaF, t Ck.
<br /> �., ,� �, Fr t ' z�Y�sQ�.�tsx�3�'i3`L��;'�ctta^s'guaranties ot.leass9s`pEr{asrrra.�uad�ss�te t�.tr,�aLSr witA the immedFata en0 co�rtaing � �r �,
<br /> �,^���',���-; {:� � �'+i$h!to hsr7r�i�utd'te�&u8 eE��EL�re!�SS.�is�mita�tecaipta.rav6nu99,issu0.q.Ptottts and other incame aF�ry natara naw a►Aeteaftet dve tndvding ,R f �r�a 3,t
<br /> ,.oi�..sk.l<i �•.�• any Inmm��argr rtatiue csusTg due d�arry redemption periaA)�uqder;tha Leases or irom or arising cut ot the Psoperty irtcluding minlmum
<br />-.:p., _ . i...,�.,y i�S,"
<br /> . rents.adtlitional rerrts.Rert�ntage rer�ts.Parking or oomman araa rtiaTt+tdnanGe cantl�'butions.tax end Insurance contriDu6ons.Ceficiency rents. �:.;a,<•;,,;«.
<br /> � i Iiquldated damages foNawing default in any Leasa.aii pmcoads paypblg uederi ahlt•pot'.oy o!insurance eavering ioss o1 rerrts resulUng from. t ".,`:",..... .
<br /> ''.f. uMena�bility caused by desVucUon ar demage to the Fraporty,ail p�eds payqh�h sa a�esutt ot a lassee s exerciso af en option to purchase the *,."��
<br /> • � Proparty.atl pmceeda demed from tha teimtnat:an ar re�oliaq.ot.enK taese in�a bankniR�Yor other insoMency ProGeeding,end e0 ptoeeeds t�orte ��,�:'� �:i••'• `
<br /> . `�; any rtghts and ctaims ot any kind whEch Grentar may�hav�o ap0lnat ar�lessee under tRe Leases o�any aceupante ot the ProPeRy►(alt ofthe abwe are . ��-
<br /> . �. � ; hereafter oollecUvely rafemid to as ths'Re�►. Thta ossfgnmant.ia subyRet to Me dghf,Powar and autharity given to the Lender ta caitect and appty �
<br /> . tM1e f�MS. Thio assignment ia recordad in accordAnao witb appticahte e�ta Iaw;Na lien ueated Ey Nis asstgnment ia intortQeO to bo�pocftia. ,.. . ' � �
<br /> . - ( , ...Y`'� Oa�eC�ed.ena choate upon t�e racording of thtn Oend at Ruut,at1 aa pravtdAd 011 SPW�Eb state taw�am�ndad Icom Um�to tlms. Aa long a9 ^ :
<br /> thoro ia no defauti undar tt�a ODiigaUano or thla Deod o!Truat,LenAw granm Grantor e revoeeLte liwnse to coitoct aIi Renm trom tne teasaa wnae � :�:�
<br /> Eue and to uss such praceoda In Qranmr'4 puclnoan opor�tipnp-.Mo�vAVer,WnCer may at any tlme requira Qrantor to deposit�t Rs��nto an z�
<br /> - - �-� � ac�ount malntelned by Qrantor or lenQar at Lendar'a Inatttuttan, 0?�ian•detautt In the poym�nt of,or U the pnrtormance of,eny of the OblipaUana �-_,- �`—
<br /> LenCer may at Ita opUon take poasesalan of tho ihopoAy anQ�1na..t�pi�t,manago,teass and operato Me Proparty on terma aed for e podod ot tlme • ,;..� •�'==
<br /> � tAat tenQar daema propu. Lmdor may proc�ad eo cotlwtt nnd taaaipa eil Ronffi 6om tti�proporty,enO Londer ahell have fuA powat to rrtaku .�';_:'�•�:�._°�
<br /> NtaraVOno,ronovattana�apaim ar roplacemoma to tho Proportyr aa LortQar raay�deem praper.LsnCer mays�pry aN Renss In t:en�at'�sete dlnarsUan ��
<br /> to payment of the Obftgatlona or to tho paymont ot fha cast,ot nuch.aitqraUana,�encvaUona,repairs an0 rerIacament�and atrye�panaea inclQeeeto ' � ��°_
<br /> , taRinB and rotalntng pos�asston af tho Praperty pedadtoetiy unQ thp mMngoment•end operatlon of Ne PropeRy. Lsnder may keep the Prcporty i� �. � .:
<br /> - • pronoAy tnsured sn4 may diuhar�n anY�,ehargos.atatmo.�n�sas�t�qnt0 m►d�ofher tiona whtsh,may seen+e. 7iro expense end eost ot these ,-:��;:�a...�-�:
<br /> • � aetiona may 6e patd irom tho Rento raceivad,and any unpafd amaurrtu�tlnfl�ba addod ta the priqpspatcaF.tho Obiigationa TAoss amoun�,tagot�or ;�t� :. :._
<br /> �. ' � witA vthor casta,shall becamo part of the Obiigationu saaurad Og ittin Q+ood of,Tn�t
<br /> 8� LEASHB AND OTifEA At3REH64�NYS. Grentar ahall nctwtca ar,ftfitltu•take any actlon whi��muy.•cause or pertnit the tortntnaUOn or t�a 'E --
<br /> � . wltnhotd(n8 m�Y P��t in aannacUon wtth arry l.ease oratlianag�ama�Ri(TABmeme�PeRetnfng to the Proporty. tn adQiUon.Iirantar.witt�aut � . ���--
<br /> . � • .. LendePa pAar writtan canstiern.shaU nak(a)col9ect any manius pa}�ki undot arry A({reement moro than orto maMh in advanco;Q►)modtfy any �,`•~�^'��-,__--
<br /> • . Agraemer�k(oj assign or aUOw a Qen,r,ocuriry Mterest or othcn eqourqb�nco tc�be placed upan�rantora fcghts,title and interast In mM to eny ..,:�.:_L
<br /> - Agreement or tha errtaunta payabta thoreunAer.or:(d)mrmtntrtu ocoancePanp Aerpem�nt except Por me rt+anpayment ot eny sum or other mamdai :
<br /> a ,
<br />. ' ' . breach by the othor p�t tharero. N Grantar maeivea at.anY Uma er�wrttton�aomtnun4�ort essertlng a Q�fautt py Granmr undctr art qgreemaM or �`-"`.,.:'��
<br /> purporttng to tert�f�r��.pr eancel ony Agroemar+k.CKOntar,ahNl promplty fonvard a eo�y o! sucp communicatton (and arry su6sequent �:,'.:;:`f�.
<br /> , .:,•�.
<br /> eommunicaUons tet�`t�:{�ffieteto)to Lender. Aif sue4�AgtuamMlB and ths amour�due iD�raabor t�eruunCOt aro ho�eby assigrted ta LenGar xs : _• ,s:>�:=�:�:�
<br /> - ' additlonalsewrEtytbr�s"�btigatIona ' ii " „•�
<br />-- .. , _ .f f. COLI.ECTIONQHflICSqi�'l&DH6SSFROMT�IIfliDPAliSY.-4andcrshallbeemittedtanatifyartequiroQranmrtonotHyattytttirdpstty(inc[udlag, ' :`�%Y`.��-
<br /> . • �:,�� but nat limited to.'te�'taansees,9ovemmantol autNadti�tu�d tnsurancs eompani�j,ta pay l.endar any fndaCmdnoss or obilgation owtng to . � �,�h�` ti _
<br /> Grantor wlth respec!bo ti�e . perty(aumulaUvsly'Indebf@;irto5�)whother or not a do�ur�t;+oxists urtQar Nis Oaod at Tnsst Orantar ehail dtligomly r+� -
<br /> . . '� mttectt�o tndebtedness�to Grantar trom thuss�hL•tt asrtlos umil me etving of sucrt cr��eation. tn thu ovent tt►at Qtanmr pocsassos os tearive9 ;n��s.:a4——°
<br /> • . poss�tan a�arry instnimerts or othec rvmixancas w�tt:stespcc}ta th�tndebtedaess fa3r�i;b mo$iu�tg axt sucA not;fication or N tne tnauumoma or > -
<br /> . . other rtm.'�,�s cons6tuRe tfte Dre�a�a�rs�nt of anK IndaLttidtii�sss or 1ltu�,m�ri of a.?ir%f�ra.tco er�ayiomna5on qroeoeda,(irarMOr ahall hotd .' ��;�,;'•�i'� .
<br /> • L s
<br /> . . : sucn tns��nts ana oo�ar remmanc�a�n m,sc caol;a,id4i�QAM��t1��a!rprprv�,:�:COrsa t,}Q a.�s.�mont8 and o�ar�emittancos to I.onQor, ' �n�`�����`' _
<br /> ' •s artd tmmedfad9ty.p �tspder witfi po�gsstqn ot9t��nt?Mnents an�'�+r re:n�� lertder shaD Lro erttfte0.eut not requtred.L�ooBtict(bY , 3Y,w. ,�-
<br /> `' '' ie roeeed(n s a��,extond tho timo for s S�mit.oompromise,exeha ar rrataaso an obti or or coAabsr,a7.'or othorwtsa settlo any of z+��"
<br /> . t� 8�P 8 ) � '� 11 S { , ir�t --
<br /> . the Indebtedness wh�',ts�c arpai an�AVerrt.ot dfdtaN x��.zdor th(s Agreemot� tss�ar�1;a7 not bs Iiablo to�rentcr t¢c uny action,eaot,mtsta�ce, z
<br /> ; l omission or do►ay.port#'�t,•�cg.�� ttia acrt�E.�pswlqa�;rr'��paragrapA or a�damagos��ss;lbng therefrom. Notwithatandlrtg tha toregotng,nothing ��t�;"
<br /> ' , '}�� .`� hereinshe0causelend�trttibaefeemp$sr�aA�oa�i�passession. � r fr'��`'?�}F
<br /> ,�,.;1r 8. USE AfdD MAlti4Et�iqt�QF.bii{ttkk'+t:iiM,'Grantor she11 take a!I acUons and make any repairs needed to maintatn the PropeRy in good t` "` A =_
<br /> condiUon. Qrantor shLtl,l}pj COfftfi�'cbr���l�t;an!cwaste to be wmmltted wtth respaci to the Property. Oranwr shall usa the Property sotety in �r�`�`��4
<br /> . ; complianao with apAli�tiriv and ithur�nee poll�as. Grantor ahall not make any a[�ona,addNtona or improvaments to the Property withaut ,s?1'..:�; _- -
<br /> .�`.:q� lsnQePS priot wrttton•tm!',w�J. WrtAOi1 t4'1�GNn iba ttvogoing,all atteration�,aQditlons Funt improvemante mado to the Proporry$hNl bo subject tn• : �„.^�..1'"-"-
<br />� • the beneftdal interesi`�d�a�r��l.ae��ar,sh�►�pt,tle romwed wlthout LendeYe priorrn�oonaent,and shall bo made at QrantoPssoteoxpenae. •���; ,F,j,_�;;. �;_
<br /> . „ . ' 9. IOSS OA OAMAf[�.�t�4ar tfi�ti��a��s t�0 enU.�p rhtt o!any toss,thoft,dastruction cr�.�ag�o(cumula4voly'Laas or Damago�to iNe Proporty or r•.>:�
<br /> �, any pordcn thereof irar.t�a�yo�ut�Wna�xver. in•thsr event of arq►W�or Oamage, c�antor s�ait:at tho opUon ot lander,cepNr tho aHected ' ; ,�'",`•,
<br /> . � ' PropaRr to tts prsvious es�d:•.ton•3r ptq��rret;�sc�*,q b��iii to Leader ttte Qecraase to tt�4air maAcet vatue ot t�o aNected Proporty. �;,
<br /> iq
<br />; �', '; 10. (NSURANCE. Tl�tr 8 apCrty w'X ke A�t;r.�u�d t�i,t�.tuti insutabte vatuo(ropta�arnont cost)sgaJnat all Aa=arQs inciuding[CSS or Qamage , `����r' n;`
<br />_ . ��..�: ::..
<br /> � eausedby fl0od.oaM�SmaQC a����tr.�t c.ss.c�c:�asuatty to the extant requ�,�tyr�onder. �rantor may obtatn Insuranoe on tha Praperty .,. ,.. .
<br /> � 1_ trom suci�wmp�niax a.l,xn aaca��'n W te�der if?:_�9�a�te discroUon. Tho Ineura�w pottctea sha11 roqufro the inaurance company to pravlQe � ' '��� ' '
<br /> • �` tender wttn at Ieax�Cat,ts�vle:ton r yi�o�tetore suc�pollci�s ero altac►aS bt cancoilod In any manaor.TAu inaursnco polidea seaU � �`�� •
<br /> - . ' ':-.t•�� name La�der as a less�+jc3e and prauia��+at no acf ar omtaslon af(;rantor or emJ adter peraon 9fin11 eHaCt the right af lendor to be�aid the •� � �
<br /> � ,,�;T;,-•;1�,����'��,�; insurance QrocBeds por�'ning to 9s�7�or damage of the Property. In tho event(irentar fait9 m acquire or matntein tnsuranoo,londer (after , .:�i;!��F
<br /> �;;R;.�•'� �% prov►ding noUce as may bo ropuiroo C�,��;�,)may in Ks dlsaeUOn procuro�eppropriato inaurancocove�e upon tno Propcny and tho insurancs coat �, .. i����?���)� =
<br /> ; . < �� shatl Oa en advance p a y a bte and boarin inte�est as descAbad In Per ra pD 23 and securu0 Aorob Grantor s�all tumf�h WnQar wflh ovidertco of � '���I��t,'%�:=� ".'
<br /> � 9 8 9 Y• � t�; �:: _
<br /> insuranco indicaUng Uia raquired coverage. t,enEer may act as attomayHn•fact for t�ranLOr in makMg and setding clatma undor tnnuranco pottciea � � _k• °� �,.�,
<br /> !x eanooliing any pWtey oe endoratng QrarttoPs name on any dratt or negoUaDta irlatrnmant dreim Oy any innuror. Ail aucA tnauranoe pollcls9 sAnit Oo • �
<br /> - '� Immodlately.assigneA,pfedgad and dativered to Lsnder as furthot securiry for tho ObifgaUone. in the event of loas,Cirarrtor sAn11 Immedlatety giv� � '
<br /> _! Lender wrltten noUco and Lender 1s authorized to make praof of loss. Each inouranco wmpeny ta diraotod to make pa monta direct!y to lendar `i
<br /> - . instoad of to lender and Grantot. Len�er shatl have tho right,et tta soto optian,to appty sucD monloe toward Ute Obilga�ona ar toward tAe ccst ot �
<br /> . . rebuitding and restodng the P�aperry. My amaunte may at lender's opUon bo apptied In the inverse ardet of the due datea thereof. =;,: .
<br /> it.20NIN0 ANO PRIVATE COVENAHTS�. (irantor sha11 not IniUate or consent to eny chartga in tl�e toning provlaion9 or private covanante aNecUng -
<br /> . . the uso of the Property wHhaut Lender's priar written eonsent B QrentoPe use of tAa P�oparty beeomes a noneoMarming use und¢r any zoning �
<br /> ' provision,arantor shail not eause or pormk sueh uso to bo dtseonUnuoO or aDandonod wilhout tho prlor wrifton oonsont o}LenOor. Qrantor will
<br /> • • � ' Immediatety ptavide Lender wlth writton noUoe of any proposad changea to tho soning provlslons ar prhrato covananta aNecting tha Propeoty. � ,
<br /> �. 1� CON�EMNA1fON. tirantm shall immediatety ptovide Lendor with writton noU�of erry actual ar threatonod condemnaUon or eminent domaln .
<br /> proaaeding portalning to tho Property. A!1 monies payabte to Grantcr fram sucA oondemnntlon or falcing aro horoby assigned to Lendor and sha11 bs � " �
<br /> ,, � appited flrst to tdo payment o! LendePa aitornoys'fees, tegal oxpnn�ss an0 other eoats pnctuding appralsal tces) in cannanlon with tho • ' . -
<br /> eondemnaUon or eminont domain pc000edings and then.at tho option af lsnder,to tho paymeM ot tha Obitgaflona or tho roatoreUon or ropelr of tAo .
<br /> Propertyr. .
<br /> 13. LENDER'S RltiHl'TA COMMEIUCE OR OEFEND LEQAI.ACTION3. Grantor sha11 im.madiateiy provide Londet wffh writfon noUoe of any acWal
<br /> _ • or threatened action,svfi.cR r.�e�proceeding affecting itte Property. Qrer.:aa t�eKx�6�sG+;dainf�LoAQOf 89 it9 attorrtoy�irrfaCt to commonae,intoiveno �
<br /> - ,_;�,:. in,and defetrd seuh anUa�,�ira�c�har tegei proema�ngs and to e�*iD�'+�e aru�tilm as+p�a�m or eornrwersy portaining thorow. Londor shaU -
<br /> :�,..�, "`: . not 6e uabfe to Gr�ix a^;��s:ism_rtr.r�r.rrr.�P�ri•�isstan or d(miny�.��-ira�4b3dibed in this paragraph m any damage9
<br /> 'i;.':;::t;;,�,' . .
<br /> -,i"j:,�;..�. , ws�tt�ittmr�;�arn.ni�.i,3ar.�ir.ra:�crorAr�iiJr�zawntLonderfrr,nr��tcrcr��e ���ee�i^utisparagrephtnksownname. .� .
<br />_ � x4L 11SD�17�IQF5flCATi�J11S. LenCer s'�!)sts�"it�.imse�r�h2�sponsiEle ta��ie peAor.r,a;c��!any o!�rantor's obligations with respectto tPte Propenjr
<br /> '' �•�•��t',� ,;r;aaz-F�t�:,F Clrcumstartess. Grantor sr:�C Jz*r•r�fatl;a�usrlQe Lender with wfitten c;a�fLro ot and InQemnify and hold Londor and its sharehafdera. ' � • � .
<br /> . t d;rectors,officers.employees artd ager�i hatr�;:�s tf�r+all ciaims,damaqes,liahil'tlies(ncluding attOmey9'tees anQ legaf expenses),causss cf "
<br /> '�'� action,actions,suits and atner tegat prnceodings(s�mulativety'qalms�pertaining to 1he Properry Qnctuding,hut not Iimited to,those imrotv(ng
<br />- ` ---------�-.._-.� tlaxerdaus Mafet��s). Gfentor.upaR t!m�equesi o!LQndet.shel!hite laga!aaevise!to dafend Lsndet ttnen suctt Clalme.ead pay the eltflmeys'te�. �---- -- -- -
<br /> legal expenses and other casts incurceC in connecdon therewitA. In the aHemaUve.Lender shall De emlUed to employ ite own tegal counsel to delend �
<br /> sucA Gaims ai GrantaPa cos�t. (iran�cr's obligaUon to indemnity Lender under this paragreph sha11 surohro tho terminatlon,reteas0 ot re tosure of
<br /> - �` U119 OBBd 01 TNSt. .. �.
<br />�'��.�` I lPNE9118 6�FomiAtionTatnndogiea.lne.18!29195) (8001937•3789 p�pQ�O.,�___ -
<br />::/ F
<br />.ki • _ . . .__
<br />
|