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<br /> � ._rr:CI�OR�M!►f.r",�{.... . . � � " . . . ' .. ;�.,'<I�,y�r:
<br /> � (c) AII applkahle lawa and regd
<br /> atiana. Induding.�d Ildn�faa a�and reguietlons roli t�glt�o�ihliel P�pe�Y by�rtue osany fuderA�s�ate oQrtunicipa�
<br /> regulatlorts prom�ige�ed 1hereunder)erd aH zonlnp 9
<br /> authaity wlth JiMsdicibn ovo►the Ptoporly.preseNly are and shaN be observed end comp�eed�w�ons folr notnccrt>>'�r,1 us2s�a fl he$inspectlon
<br /> pormits,and certiiicuiea of occupancy pnduding but na�limited to zon:ng varlencee,aP°�nc ol the Propnrty.I�s���"7 are and shall be otxelned,
<br /> approvais),whether temporary or pertnenant,whloh ae mate�ial to tne use and occuPa Y
<br /> , preserved end.whero neceanary,renewed;
<br /> �nfl wl h he a slons o e'ny etatule h agu�a ion,or�nanceanib of law6��ara w other agreo�wh di maY�a�'8�GreMOr at ny ime;��
<br /> i� (e) No actbn a p�oceedin9�s«Bhe�be P°�d�ng or threatened whlch rtighl msterislN nnaet ihe Property:and —
<br /> 1 t rial� wfdch mlght ma�edally attoct ihe Proparty or Lender'a�ighis or Intereat In the Property pursuenl to thla Deed o1�
<br /> 1ho or�ominfl Hererdous Ma e��1�t��a�e any staMe,regulatlon,ordinance,ru�e ol law,eontrad or other agreement(lndudinp,but not Ilmlled t� �
<br /> � Trua1.� ol ihe Pr except aa eat lon� G
<br /> or deed�ot irust thon
<br /> 3, ppIOR DEHDS OF TRU3T. C3renta represenis and Karrame thm there ere no prior deeds of irutt atlectinp nny part �
<br /> .�.*�.��" on Schedule B etteched to thla Deed ol Trust.whkh c3remor eB►aes to Pay end Prrtorm In a timely menner. If there ara any pri _
<br /> -•w., Qranta epre�i to pay all emoums ow�ol tr�ust�halgi'b�e�de�leult un�lr�hlt pNdr�oul Trut�t endf�hell entidtle Lendeb t��1��s o�es contalnsd
<br /> � ayre�s that a de}ault und�r eny prbr
<br /> h�nin or In ih�ObUqstlon�ro whlch Lendo►would b��nUiMd in th��wnl ol eny olh�r dNau11.
<br /> 1. TpANSFEps OF TFIE PROP6RTY�R BENEfIC1AL I ot EhRi�als�aR dau��bod I�n 3ch�edup�AEa eny Imentt thir�ln a�ol Y�a eny b�►Nfka�l �
<br /> r car�tr�ct la dc�d a�rn�t�r to wny p�ran ol oll w rny pN P�oPK1Y �tbn,u�r,.a��.au�y�y�Dw1�sl�fp�tru�t�a
<br /> Im�r��t In Borrow�►a Qrenta(it Ba�ow�r or Oranta Is not a nnur�l p��r�l��ol lh� IOd►O��bp i plus�oaWd Inlsntl th�non Irm�di�iNY cfw and
<br /> �, oth�r Ip�l�ntuy�.l�nda n�y,s�n�oplon d�clu�iha ouNandnp pn
<br /> p�yabN. A1 L�'����IM i�in of t�hN�osp�ctiv`i own�ir�lp M1K�4�I�I����u sul�r►rnl Nltlnp lorth VI ol I!�etoeWald�n,rr�►b�n,w
<br /> putran,u�pproprla -
<br /> e. A��1(iNMENT OF RENTd. In canud�retlon ol tha OWlpetlom,which en a�curod by�hls Dssd ol 7rwt.Orenta ub�o�ut��Y assip�►�to�ondor nn
<br /> Orentor� �ftete,,•W•���t,tllls. Int�r��t. dalm end derrend now owned or herol th•Pro�l ny(ell tach laaii�nd agrM Imonts wh�thK wr�o►l��°fi
<br /> ' � � extentlons.nrnwAlf 9�d�Ilb1sAN�).a�l ayr�rtxnt�tot ute nnd occupencY
<br /> henahe rolend to at ths'LSaN�°).and allpu ererrtic�of lo�eed Redo►rtxnu+under the Leaws,topsther with the Irtrnediat� erW continulnp rlyht to _
<br /> odlact and noetw ell ol tl»nnt�,incam.r�Ipis.�va�i tlMuUaa�isiia hom�a nrtsl�nq�t of th�Property Indudinp�minimum ren�is Radditlonei�►s tsf
<br /> ` any naturw eoninp dw dudrW any racMmpt per 1 p�
<br /> p�reantap�e nnis,pnrldnB or wmnon erea malntenana�f�nw arice cove np los�o snts esu�lling��ye��teblli�ry cauied b dei rucllon o�►
<br /> d�fault In eny l.�a�s.all pra�eda PaYeb�e under anY P��Y
<br /> damap�lo th�Pr�r1y ail proa�d�Payebk e�eor�ina�solwncY jp eoxc��°end�oes�dsuhom ar.y dyht erP d da�lrtr of�kind whidif arantor
<br /> .�. temdnatlon a rejectlon of eny Leat�U a 6anlwP«Y �`of tha Pr (all of the ebovs are hsreafler cdlectiwlY referred to es the'Ranit'). Thls
<br /> may haw apNnst any lea:sa undrr the Leaces a any oaupan
<br /> a�signment Is subJect to the rlphL P���'K and autTwr�y 91wn to the Lsnd�r o ooll�ct an�eDdY 1��1e Thls a�lgn��r�efoohrided I�ao�den ell ae
<br /> . appli�bl��tate taw;ths Ilen ueated hy thlf aealpnrtw�t b(ntend�d t°b°ep�dfl��Pe �ed upon
<br /> Obligations a ihia Deed of Vust.Lender 9renis
<br /> proylded by epplkeble atate law es emended hc+n tlme to time. As lono es thsre la no d�feuh undes�Q��s�����___utfap Hoyyever,Lender
<br /> arentor a rovoeable Ikenee to edlect e�l Ra�ta hom the lsases whan due and to use such fxoceed
<br /> o na
<br /> n detaun In the payment
<br /> rrey at any ifine requlre��y of t�Ob�l�tfon�lender meeY a�s optbntai��sasslon of th�roperty an�d halve�ho mene9e.bese and opsrate the
<br /> � ot.or in the psrfom�e►�ce y oceed to oollscl end reoeive all Renis from the aoperty. ��R��
<br /> p�opeAyr on t�mr and for a period of thna�ih�at Lender doemta re�aoernents to t h saProperty as Lender mey deem proper. Lender may ePP�y
<br />- -_-=_•�'�,` !�!�ha N.hyu�x,wer�o maks elurations.rsnovatione.repal
<br /> ;• `- Lsndsr'a:ole d�astiai to peyrnmt of the odigatwns a io iiw pey��:,ri oi ih�cx!u!:+sch elia.a�tons,renovtlon of 1 BpPn end r e p f acarne�y�a�p
<br /> !',,�'..? � sr,penfsa Inddsnt to 1alJng and ntainM�g poasesaion�f 1M Property pedcdi�ally and the manegement end opera °P�y
<br /> . ; ,�'�' . 1� Propsrty ProperlY inwnd and my discfiarpe any taxea.�haryes.deirrr,as�aart�ents ernf oSher Ilena which may aa�..Thess�anwunets te0ether wNh
<br /> .. � '�._ iona ma bspa1d hom ths Renta rooeNed.nnd er.y unpeld emoums shell be added to the prindPal of the Obliga►
<br />- "' •% ��ostayehall Y�oorre pert of the Obllgatiana seairod by thlt Deed of Trust.
<br /> :_._._.' ,�''� �':
<br /> �,�::l. A. LEASE9 ANO OTHER AGREEIMFNT9•Cirania nhdl not take or fall to teke any action whieh maY causa or PertTillhe tam�inatioo e►t1w wNhtw{dk�of
<br /> in conrnction wfth eny lease a other egr«ment("AyreemKA')Pertdning to ttM Prop�rtY. In addtlon �rantor.without ler�r's prbr writlm
<br /> �.:;�. e�Y PaY►�n ad�under anl Apreament moro then ona month fn advarwe:(b�rnod�Y a�Y a9r�m�(a�e��lpn a eAow a
<br />- - , . con�nt.shall not:(a)coWd any mor�ks pay � n Orantors dghis,title and Irrtsnat In and to any A�►o►fiN arrwtxd�PaYak�
<br /> -'r�.. , t" NMr HCUfKY I(11�Bt 01 OTIIBr 611CURbfSI109 tO tf9 pI8010 � IFNf�tO. I�C3�M101
<br /> IB
<br /> ";� � IMr�undar:a(d 1 tsrminate ot carroel eny Agreammt exaept lor tM nonpaymmt of any wm a otta�mnte►ial bn�ch�rminate �I any Aprwment.
<br /> -�..�: .�. � receives at eny t fine any w�itten cortrnunlcation aafertYq a detaufl by firentor unde►���s relatPinp t�he�re o)to Lender. A�i suth Agrssn�►t�end
<br />-.��-��.
<br /> ---�;,�:..,. •s,�,t+ ' �rantor ohell prarptN farward acopy ot such oamiuNcation(and eny subsequen tor the Obl tions.
<br /> ,.n���,. ,'��,:1,:. ihe arroums dw to eirantor thareund�r ere hereby assigwd to Lender at addiUonal eee,urilY �
<br /> =:"s=.'Fic''�%ir.�+a-
<br /> -`' '"i�,". �, Cp��tON OF INDEBTEOHESS FROM THIRO PARTY. Lender shaY bs entnted to notHy or require Orarrtor ro notity any thYd perty(ind�d�np,!wt
<br /> -_`"�=:..:+.�a� not Ikdt�d to,Nswa�.Iian�ai,po vemmemel emhoriUe�end inwranoeeortpanIsi)to pay Lender eny Ind�btedneas a obIID���i�p to Cir�ntor wfth
<br /> �'-�-- -�.. a 't nsp�ct to tf» Propxty(cumu�IN IncbbSedness')wheAwr or not a d�fauM exlate und�r this Oead of Truat. Cirarria ehaU dlly�Miy oolNcl th�
<br /> �Iy wr
<br />- ` �+-� • I��is awinp to C�rantor 1rom thsso lhird pertiea until thi►pivkig of such notiflcetton. In tha avart that drarrtor posasises o►noeivcs Pc+ws�fon o
<br /> :_�t�:•. i° �y M��t�or o�hsr rentttenoef wfth roapeet to Ur Ind�btedrwu tollawing the pivkip of sueh notiflcation or if the InsWmarn�or other nr►�Ittenoes
<br /> . ..''�'� y�r�srd of en Ind�btednsai or ther pyrnent of eny Inwranos or condermation procs�dr,Cirantor ehall hold weh In�tnxfrntt and otMr
<br /> ::+;� ;'-,r, constNut�itw pnpa y �ndorp the Insiruments end oth�r rrrtittet►oss to Ln�der,and kmMdat�ly provids Lend�r wMh
<br /> �:,_;,r,.,>_.' rart�ttanas In trun fa Under epert han k�other ProP�N• or odwrwias)��xNnd tFw
<br /> -_ , poss�uton ot tM InstrumeMs orW othsr remitterwos. lendx or oolla erel,or iharwiw�tt{v any o�f tl�e Ir d bt�sdn�a�or not en want ot d�tauR
<br /> .'`�t;�� tirrw for payrr�em�cortprordss.�xchenpe or release any oblipor
<br /> -=+'"'�-•'.,. Under ehall not bo Ueble to Granta for eny aeibn.erra,mistaks.or�i�slon or dday ►tdninp to ths adbm d��albad In thi�
<br /> �xi�t�und�r tM�ApnertieM.
<br /> -•�;>�i` : P�►+�� a e^Y darns0es rewlting tharefrom. Notwith�tendinp the tarepoing, nolhki8 herNn I caua L�nder to hs dNrtMd a
<br /> _-;�:.���.�:�r� � �ortpepns.ln•poeseaslon.
<br /> - '-m';'n'� n�d to melmain the Prop�rty In pood oonditlon.
<br /> _::;a'�A:+' ' � d, USE AND AIAIPITEHANCE OF PROPERTY. aranlor�hell teke ap acNons and maks enY repa�
<br /> �� Cirenla shdl rat camit or Pan�t1 any waate to bs oamilted with nsp��to th�P�rty aramor she�l us�tM Property sol�Y�Ls����
<br /> �'�. ` <<ti ,' law end ineurenos poYeb�. aruitor shal! rwt melw eny alteretfans.additioni orlm� pr a to ths Prop�rty without
<br /> ;�rk�i�:� � �Wn�t. Without Ilmlliny tM t�poIn� aq alt�►atbns,additiona end Improwm�nts mad�to the Propxly�ihall b�wbHct to ths ben�lldal IrA�nn bNonglnG
<br /> - _ �.:.,: to UrKJ�r,ehell not b�nmoved wlthout L�nder'e prior wdtten coneent,and ahail bs msde at Qrantor's�ofv expsn�s.
<br /> '`� o. LOSS OR OMAAtiE. Ci►erna shall bear the emire dsk of eny bss,theft,dsstructton a derr�e9s(cum�latNoly'Loaa a Demage�to the Propsrty or en9
<br /> portlon ih�mt trom eny ca�ua io b�e��d io ll�ender�td aeass n,he f�m�e�rk�e�v�of ttw a�fh�ct.�d P orop�rty�,�the eiled�!Prop�Ay to ks
<br /> • � prsvlwis oonditlon or pey or Pe�
<br /> � � 10. IH3URANCE. The ProperlY wl�be kept Insured fa Its tull Inwrade velue(r nt cost)aqalnst ell hazerds Induding loa�or damag�cawad by
<br /> �= }�,�erth�ueks,tanedo and flre,theft a other eawatty to the exlent requi�lender• 0►a►dor rreY obteln Insuranca on the P�ps�ty irom wch
<br /> ' oonpenk�as are eaeptab�e to Londor In Its sole diaaetlon. The Insuranee pold0s shell requiro the Insurenee corrpenY ta provide Lender-wit6 at feest
<br /> 30 days'writtun no11oB before such pdidea are altered or cancelled in any menner. The tnsurance polides ahall n�+mo Londer as a loas
<br /> y �e�an'�'pio"�fi�'s that no act a omisston of Qrentor a eny other peraon shal�afleel the dght of Lender to be pnid the Inaueance p►ooe0da Penalninp to the
<br /> �' bss a dmia�of iha Proparty. In tha event Orentor 1eNs to aequlro or melntain Insurance,Londer(atter provldinp notia e� y �����af
<br /> ; n to Insurenoe cove►ep�upon ttw Pro�end the inwrenos oost ehall b�an edva"°�Payabl�
<br /> in M�discr�tion proai �a��hereby. (iruMOr afiell tumish wNh svideno�ot Inwrana fn�atkp the nqulnd oowrap�. ���y�
<br /> °, �• d�safb�d In P�ra�ph 9 or Mxlonk�p Orontor'�narta on my drsh or
<br /> �.���i:_ � as anarNydn•faet ta�ramo►h�rneking end s.nlin dalrtr�endx Inwrena polk,l�s,carwNlir�eny_�end d�Nwnd to L�nd�r nss Nrtlwr Na�rtN
<br /> .�._-
<br /> .�,f�.wwment drawn bY an9��r. All u�ch bsuronw�olideysh�� �81�Y�?�9;°�°►nnd.r la authorizad to rTrls�proof ot bss._Esc6
<br /> . for tho OMlpetlons.Iandireoted to me�ke payme�a►bn y mew�a�a•�•�••••••• .•.�.-..._ rI�t
<br /> - ' Insurena oorrpanY m�dinctl to Lendsr Inateed of to Lender and(3ramor�len�snhell�y 8t L�enda'i option b�a�l�d In
<br /> apply such monles toward the Obiigatlons or towarcf�e eon ot rehullding and nstor(ng the Propetly.
<br /> the inverse order of the due dates thereof.
<br /> 11, 20NINO AND PRIVAI'E COVENANTS. Orentor ahall not Inftiats or oonsent to eny ehange in the zoning provislona or private eovenanie aNeetl�p ths
<br /> � use of ihs Proporty wRhout Landers prlor wrilten eonsent. If Oranta's use of the Property 6ucomes a naioontoming usa under any zoning P��� _
<br /> Orantor ahell not ceuse or pemit such use to be discantinuad a abendoned without the prlor written oonsent ot Lender. (i►entor will irtrnedatefy provide
<br /> Lender wllh written notloe of any proposed ehan9ua totho toning provlstons or private covenanta aHeeting the Property.
<br /> 12 CONDF.MNA710N. Grentor ahall km�ediately provide I-ender wHh written notke of any aclual or threatened eondermatlon or eminent domeln
<br /> p�xeeding pertelning to the Property. All monlea payable to C3rantor hom such eondermatbn a�f�g en���We h�he oondmmatl�o or ertYn�nt
<br /> Iint to lhe payment of Lendere aflomeys'tees,legai expensea and�ot Teh000st�sll(�tl�ona og thH�e�re�.storatlon or repair of the Property. _
<br /> dort��n proceedings and then,at tha opllon of Lender,to the payme 8g
<br /> ap.zas
<br />—t NEDOTB R�v-297
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