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<br /> �r�� ' . . . .. .. ... _ .�'��ll�f1�'LS • •
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<br /> (c) All apP�icable Isw�ah�eegu�lafl�tl atl zonirp artid bulldi^g1eaws�and regulat one rollatl p to h1�el Propeny by vlrt e oeny lederelo,state ormunidpal ,M�• .,y`-'}
<br /> repulatlon�prorrx:lWrt
<br /> nuthodty wlth wrladictlon ovar ths pcoPe c!ding tI no�mit d loa1zon�lnpb nrinncesn sNeGa laZceplbne @r notncontorming�uaestlandrM�I Inapect on . ,
<br /> permic,and cenlllcatea of occupn Y l
<br /> opprovels),whoth�r temp6rory o�PF�rrtv�nont, wNch aro ma!orlal ta Iho ueo and occupancy of iho PropeAy,lxesently aro and shnll bu obtalnod.
<br /> proaerved end,wi�ere nocase+iry•ronowed:
<br /> (d) �ranta has ths r1Aht and la duly eutha►Ited b exacute and pertortn d�OW�Oa�lona under thln Dead oi Trust»nd ihoso actlonn do nm and nhal not
<br /> oonOkt with th�provlalons ol any ntatute,regulalbn,ordinonco.NIB OI 18W,contraet or other egreeme���ch maY b�anding on Girantor at any time: �
<br /> (�) No actbn or proeoedln9ls or nhall be pendii�g or threatened which nVght materially aftect ihe Pro rt and rsuent to thla Deed of w
<br /> (1) arantor has not vlolated end shall not vlolate any atelute,repuiation,adinenCe,rule oi law,contract or other agreomont(Including.but not Ilmlted to. ^ 'jY
<br /> thnso govorrnng Hnzardoua Mnteriala)whlch ml�t materlally aflect the Properly or Lendera righta or Interest In tho PropeAy pu O
<br /> . 7rust �
<br /> 3, ppIOR OEEDS OF TRUBT. drantor represente and wenant�that there are no prlor deeds oi irust aHecting any paA ol the Propeny except as set ton : ,. ��.
<br /> ;-:r=
<br /> .,....--+ on Schedule B etleched to thl�Deed of Truat,whkh C3rantor eproes to pay and perform In a tlmely mannor. If there are any prlor deeds of irust then `�,
<br /> ;. o-.:..
<br /> ' ,r. . C3rantor eprees to pny ali smounts owed,and peAormo��obi�4etlons raqulred,under nuch de�da of iruat and the Indebtednosa secured ihereby end turt er r�i_
<br /> ' agrees that a dalault under any prior deed of truat�hall be a defautt underthls Daed of Trust and shall entitla Lender to ali rlghta and remadies contalned !�-
<br /> hereln or In ihe Oblipatlons to whlch Lender would be entitled In tha event d any othor defauN. �,,a�,,,
<br /> ' 4. TRANgFERg pp 7N�ppCp@pTY OR BENEFICiAL INTEREST9 IN aRANTORS OR BORROWERB. In ihe event of a sale,conveyence,leaae. �ra,,.,
<br /> conireq tor deed or irensler to eny person of Nl or eny part ot ihe real p►operry deaa�bod�n Schedule A,or any Imereat ihereln,or ot alI nr�fpbeNEOdor �'�`°'�
<br /> � Int�rsst In BoROwer or arantor(If Bortower or areMa la nol a naturel paraon or peraona but Ia e corperaqan,Ilmited Ilablllty compt►nY.P�
<br /> r-c�---
<br /> � paYabN�At Lsnda a requestydrantor or�Bo�BI,8S t�E C858 ff19YP�6 B���tu�m�a t t�e�e�taiemeni sentng forih e�l of 11se iockholdere ata f�dueer e�� _--
<br /> '� pertnera,aa e p p r o p r l a t e,e n d t h e e x tent of thelr reapxlive ownershlp Intereats. ---
<br /> 6. ASSKiNMENT OF RENTS. In consideration ol the Obllpatlons, which are secured by ihis Deed of Trust,Orantor absolutely asslgns to Lender ell
<br /> ! � C3rantor's estate, right, title, Imerest,claim and demand now owned or��of he P operty(aii sluch letases and agrr�l�ses�o�ether written orlorai.�are M�--
<br /> exlensbns,renewafs and subleasea�,all agreemems for use and occupan.y ���with the Immedlate and continuing right to
<br /> heresfler rofcncd to as the'Leases'1.and aIiQ�arentiea of lessees'performance under the Leases,toge �
<br /> ;. coilect end reeeive all of the rents.income.reae�Pis��under the Leas�esror fr m�or8arising out of the P orperty Includi A minamum remanaddi��na�rentsf r.,_
<br /> any nature ooming due du�ing any redemption per )
<br /> • percemage rents,parldng or common area maiMenance confibullons,tex and insurance wrnribut�ons,defidency renis,Ilquidated damagea following
<br /> � :,�-;,'•.� defaufl in any Lease,all(xocoeds PaY�able ase result of a less e'seze clsa ot an opUon�torpurchase iho Proverty,alll proceeds derivedrfrom ihe _r4�r,r
<br /> �;�;;:.: damage to iho Property.ali proceed P8Y �olher insctven edin and eJl procoeds hom any ngMs and dalrm of any Idnd whlch Ciramor — __ -_
<br /> . �� :` on at any Lease in a banlwptcY �Y� 9� �--
<br /> _. �r;•,�,�, , temdnatlon or rejecil --
<br /> may have apaInst any lessee undor the Leases or enY oc��01he Londer to Goll�ect�and aPP�Y the R ents.aThis assign nt is recorded In Accordance wfl'h
<br /> �E• a s signme�nlTs au b J ect to the tlght,rower end authorliY 9�
<br /> �� k;aYble ctate Iic�dO slate law as em nded fromt�h�e�to$11nmBn As long�es t�here isPno dofa n under lhee u igatlons w�ihis O�eed of�Trust.�Lender�grants
<br /> k
<br /> ,. p�rovlded bY aPP�
<br /> aranta a reva�bie Ileence to collect all Renta hom the Leases when due and to uae such proceeds in Grarrtor�s b�sinessoparations. However,Lender
<br />" .:.;t�,, may at any time require Gramor to deposit afl Roms Irno an account malNeined by arantor or Lender at Le�d haV sUt� .�U a��a��h��te he
<br />.;:;. • ;:..,� , of.or In the pertortrenae of.any ot ihe Obligationa,londer rray at ils optlon teke posseaslon of ihe PropertY
<br /> .. - ,� p on tem�s end fa a porlod of tlme that londer deerro propet. Lendar may praceed to coNeet end recelve all Rents troL m��thre�Y�.Y a�ll Rsn�t�in
<br /> sh I have full powx ta make altaratlons,renovatlais, repalrs or reqacemnte to the Prope as l-ender maY daem Proper•
<br /> -_---- i.enc�er'a sdr u�8crt ie paysr�nt�!the c�t,�te�aums or to the aaYment�o�f�the tl the �rt�anepmr�ent ar d renovai�,b cf th�rr.�sT�r�l.en'!'r r►'-"Y�'-"°�r'"
<br />_ `� expan�es Inddont to taWnp end retalnfng poatessbn of the Properry pt
<br /> � P�op�rtY P��Y Insured end mny discFiarge any lexoa.char8eas�rtnunts��ha II�a�dd�d to t�p��p�of l�may�. m a enaunt�sd.top�t whh
<br /> actiom rrwy ba Weld from the Rent�recelved,end any unpald Obl
<br /> e
<br /> -; otMr oosts,shdl I�wrt»pert of the Obllgatlane aKUred by thls W�d of Trust.
<br /> e. LEAOES AND OTHER AGREEMENTS. aremor sheN not t�lu a hll to t��ny ectbn whkh msy cwN n►P���t�^�^�tloa a 1M wNl�holdkq of
<br /> . .�' � any Wyr►�nt In oonrNCtlon v�Nh er►y Uaa w otMraprNrtMnt('ApnNrw^1"I PM�Inln9 to Ilw Prop�rty. In�dditlon.Cinnta.wNhou�La�d�r'�prlor wrfH�n
<br />:.: mon than on�monm In adwnor(bI modlfy�ny Ap►Mrr�d:(c1��dQn a�Now a
<br />=;;,.�:;":.>,�,: oonMnt��hMl not:(a)coN�my monNs payabk uider�ny Aprwrtrm
<br />� INn. Naxf►Y InNr•tt«oth�r�naxrbrano�to a pl�ad upon(i►�mor• rlpht..1nN and Int�nat In �nd to�ny AqrNrrwnt w tM �rnovms p�yabl�
<br /> ,,,. •. ,r='•.. �x la 1M ymmt ol�ny wm a mh�r m�t�rlal brwch by ttN otlNr pWty tFNrNO. II Cirrna
<br /> y-, 1hKNxid�r;or(d1 NrtNnat�ot o�nal�nY�� � In to t�m�lnd�a canoN�ny AprMmml�
<br />----" nerlws�t any tlme any wrltt�n corrrnunkatlon�u�nlny s ddnuh by �ntor und�r an AprNrtNnt or purport Q
<br />_:�-'.�...;~»_� Oranta shallpr�rtiptly forwmd a copy of tuch oomninlcatlon(end any wbssquent co►►rrunlcatlons rNatlnp 1MnIO)to L�nd�r. AH wch Apr�nt�and
<br />--=�:�rf+.��"_'; ths errouma dus to Cirantor thereundsr ers hxeby esalqnsd to Lender es eddltlonal secu�lry ta ths Odlgetbns.
<br /> _�':"rw.''d'..J,:e;'�.�a
<br /> •m-nnrr_r•—�� 7. COLLEC710N OF INDEBTHDNE98 FROM 1WR0 PAR1Y. Landorthel�be e►►fltlad to notlty u roquks f3rsmor to notl1y any thlyd p�rty(Indudr►p,but
<br /> ----;.'� noY Nnitsd to.lessees,Nanaees. emmsmd amhodtbs and Inwranaoorrpenlas)to P8Y I.sndsr any Inds6ledneae a obllp�t►on owM�010 Gnr�1a wNh
<br /> �`�^l�TY nsp�ct to the Propsrty(eumulat�y �ndsbted��s�)w��►�a �t a delaun exlate under thla Deed of hust. Granta ahaN dN�p�n11y wlMc1 tM
<br />�'it�•�--"-`�'� �ndebts�ss owlnp to Grentor hom these thMd PaA�es untll the qhrtng ot such natll�atbn. In the event thet Cirentor posseasss ot�s Pos��
<br />�;z, „�=
<br /> .,�r.-.;.�- any Inttnxrnnts a other rerritlanas with reapea to the Ind�bt�dr►ea�Inp�o�rmatlon pt�oosede,Cirantort ahall hold�t Insnx►xrrts and otFMr
<br /> --_ �: -:ti� constNut�ths pnpay�nt of any Indebtadness arlhe Pefr►►�s
<br /> - -'. nrtdtunoes In trutl fa L�nder e�part trom ns other property�endor�e tM Instnxronts end other rarnitterroea to Lender.and tmrtwdlalNY provkM��ndK wfth
<br /> '-:�:�,"�-Si;�: posaesslm of the InatrumeMa end othsr rer�ttanws. Lender ahall be emk{ed�but not requked.to aCeet(bY Ispal Proe�ed�0+ar oth�rwla)��xt�nd tM
<br /> —��c.�:us.:.' oml�e,axehange or rolea�e any obllpor or oollaterat.or othetxrise asrik en of the Indebladn�a wtteth�r a not an wxrt of d�faull
<br /> - _�a�,. thne for pe Y m e n t,c a rt�
<br /> - ,=�;t, . ,� exl��su���s���aert�n������nf�nO��Q10NoN�rnhste�ndlnp�he�foRre�p�oing,�raihl�hereln�Y I caus�s tot�bnsb� dMrtrd a
<br /> _. `•-�`�� �g�e�ln•poaaesaton.
<br /> - �7as.;v�
<br /> _r�r��.� 8. USH AND 1AAINTENANCE OF PROPERTY.Gramor shatl teke all acttons and meke any repelro neaded ro malntdn the Prop�Ay fn pood a�tlon.
<br /> _"�rr-,�� Qranter shall not comdt or pemit any waete to be oamitted wkh rospect to tha Pr000rhr. drmitor shell uee tFM Propsrty sowly In oorrpltanoe wfth
<br /> .:".• aFpucable law and Insurance pollde:. Qrenta ehall not m9ke any atlerattona.additlons or 7rtp�ove�nts to the Propxty wfthout L�rs prtor writt�n
<br /> =����+�•<<f. and Irtprovements rrwdo to the PropMy shell be wbJ�ct to the bernfldal Irrt�rest balonplr�y
<br /> _��' � � ,• conaer►t. YVflhout IlmNing the t ng.all eheratbna,addN{ona
<br /> -�'t'?T ;;; .�t.
<br /> r,:.:.�Y..,y.. to Lendor.shall tat be rerroved w Ihout Lender's prlo►wrtttan oonsent,and ahall be rrede et Orentola cole axpsnse.
<br /> �� .�-�.� pc„�heroof from any�qu�etwhataoleverl Ine he even ot any Losa a Dft�artmgs.a�ranta sh�etl,at the optlon oi•LLenderrrepelr the e(fectvd P o�psAy�to i
<br /> . , pre,Aous oorKltlon or pey or cauae to be pald to Lender the deaea�e In 1he falr marfcet value ot tha aNeeted Property.
<br /> � 10. INSURANCE. The Properry wlll be kept Insured for Its tull Insurable velue(re aeement cost)apalnat ell hazards Induding bas or dartep�ea+sed
<br /> }lood.eerthqueke.tomado end flre,theft or other�al n.t�I sur��po��ldes shall�requ.Iro the Insurenoe wBlmpanY to provlde L�ender Wn�°lea��
<br /> � � cortpanfes as are aooep�teb�e to Lender In fts sole dl
<br /> �, 30 daya'wrltlen notice betore auch po��des are ettered or cancollod In eny manner. The Insuranee polldes shall name Lender ae a lose
<br /> � �ay s�and"-pro�rTde that no aet or omlaslon of f3rentor a any other peraOn shall aNeet the rl¢�t�orf��t�e������t�;n�au'n°B Pr�s'��nf���y
<br /> bs�cr dartie�pe ot the PropeAy. In the event Grantor tafta to ecqulre or malmefn Inaurance,
<br /> . t In It:di�aetlon proeuroepprop�Iats Inaurance aoverape upon tha Property end ths Inaurence cost ehall be en edvencs pqyel�i and b�arkp Im�rast as
<br /> despibed In Paregraph 29 end secured herebY.(irenta ahell tumlah Lmder wflh evlder�ce of Insurence Indlcating the nqulrod covaraps. Lender may act
<br /> =�'`•'`� � aa attomoyIn•fect for Oramor tn meking end sening delms under Inwrence pol{dsa.canoelling eny or�enddor�slln�g�t o�r'������
<br /> � negotlable Instnunent drawn by any Insurer. All wch InaurancepoIlde�chall be Irmiedlately aeslgned,�pl�ped
<br /> - _ . .. ,....--°--- �_.,._..._.....��,,.. rzo�mr e�tt Immdlatelv aNe Lender wrlttan notice and Lander Is authorized to meke proof of loss.' E .� —
<br /> .._. . ----r---•-- �w uie vu�roaiM�o. ���...o.._..._..---• -•--. . .
<br /> ' Insuranoe oarpenY Is dlrected to make paymems Wrectly to Londer Inqead of lo LendBr ana c�ramor. i.endsr anan nava u�e� �� a��..o„�..,..�..�...
<br /> app�y such monlea toward the Obllgatlons or towerd the cost of rebulldng end restorfng the Properry. My runounta may at Len�er's optlai be applled In _-
<br /> the Irrverse order of the due dates thereof.
<br /> 11.ZONINO ANO PRIVATE COVENAN78. (irentor shell not Initlate or consent to any changa In the zoning provlslons or prlvate covenants aHocting 1ho _
<br /> uso ot the properry wlthout Lender's prfar writlen consent. If Qrantor'e use of the Property beoomos a noneonfortdng use under any zoningprovlsbn, —_—
<br /> L enn d e►w fl h w r l n en�n o t l C O of a t t y p r o p oaed ch a n g ea to hto�zo�ning�abn8eorwpriva e ooven�ams aflecting the Properry.r. arantor wlll fmnedlately Kovlde __-=. _
<br /> 12 CONQEAANATION. arentor shall Irm�edelely provlde Lender wlth written notice of any actual or threatened eondortnatbn or ominent domafn
<br /> �xaeeding peAalning to the Prcperty. AII monlos payaWe to Orantor tran such condermatbn or takng ere hereby asslgned to Lender and shall be applled _�-_
<br /> , Nrst to the payment of Landers attomeys'feos.kgal expenses and other cosls(fndudln eppratsal feea)tn connectlon wlth the crondertnatlon or eminent �e_
<br /> dort�In prooeedings and then,at the op�lon of Lender,to the payrr�nt ohhe Obllgatfons or the restoratlon or repalr ot the Properry. �`
<br /> ir��:.-
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<br /> NEDOTB Rw.?l9� �_�.
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