Laserfiche WebLink
K . .. <br /> ..1Lw.�L' .. ' .. <br /> nwAAA <br /> •�'. . _ � . . " . . <br /> �!`�� A.'•. .. _ �. � ♦�-+YNM�}'�L � <br /> c�s �� _ ._ .. ... . .. . . ..�.��.:' 1ur.-. . <br /> L... . <br /> �.=C_. <br /> (c) Ay appUc�ble iawa and regulatWna,Induding,wNhout Ilmitatlon,the Americans with Dl�at�li�les Act.42 U.S.C. Sectlon 12101 ot seq. lend a�i ���. <br /> y - <br /> reflulatians promulpated thsreundsr)end all zonlnp and bullding lawe and repulatlons relatinp to the Propeny by viAua of nny lederel,etnto or mudclpal <br /> • ����ho�ity witt��urisdletlon over 1he Properry,presently ars and ahell he observod and eorrpl�o�pl naeor o1nconfo����sesaa d i�Ai inspe i on � <br /> permNs,endcertlllcates ol occupancy pncluding but not Ilmited to toning vulance�.spec� <br /> approvals), whether tomporery or p�rmenont,whlCh are mflierlHl to tho ubo und occupanCy ol Iho Proporty. prosontly nro nnd sh811 bo obtelned, <br /> pres8rvad and,whero neceasary.►enewed; <br /> (d)�rentor has the ripht and if duly aulhorited to execute and p�rtorm Ita Ohligatlons under ihls Daud ot Truat end these actlons do not and s1wN not <br /> eonflict wllh the provlabni of any stetule,repulAtlon,ordinanCe,rub of la�a,eontracl or other agaomenl which rr�ay be binding on Cirantor at any 1Nne: <br /> I (e)No ectlon or proceedlnp la a shell bo pending or thnatsned which mipht materialty eflect tho Propony,nnd <br /> (ry(irantor hae not vlolated and ehall not vlolats any sta►uts,ropu latlon,ardinance.ruio oi lew,coMract or olher ngreement pnciuding,but not Ilmllod to, � <br /> those govorning Hazardoue Materlals)whleh mlght materlally a8ect ihe Property or Le�der s righte or Interoat In tho PropeAy purauant to ihle Deed ol i <br /> , � Tru�t. ._.. <br /> S. PRIOR OHEOS OF TRU9T. aranior rapresenta end warrents that Ihere are no prla cieeds ot Irust aHectfnp any paA of the Proparly except es eet tonh <br /> ,....�►�+"' '� on gchedule B attachud to thls Desd of Truat,whlch C3rantor agrees to pay and perform In a 1�me�Y menner II ihore are any prlor deods oi trust then M <br /> ,;:.�k q t3ranlor ageea to pey all amount�owed,and pertorm all odigetlone roqulred.under auch deeds ol trust and the Indebtednesa sowred iheraby and lurthor — <br /> '�� � aprees ihat a delaufl under any�Ior deed ol trust shail be a detauh under thla Dead of Trusl end ahall entitle Lendor to all rtghts end ramadles eontained <br /> ` hereln a In Ihe Obiigatlona to whkh Lender would be untiibd In the evenl oi any athor default. <br /> r 4. TRANSFERB OF THE PROPERTY OR BENEFICIAL INTERE9T9 IN GRA`�NT��GR����1ER eny imerest hereln,a ot a�ll o rany bene� _ <br /> contract fadaed a trenater to any person of al�or any P�rl of tha real propurty nerohl xust,aH _ <br /> � Irrterest in Borrower a Q►antw pf Borcower or Orantor la not a naluralpera�u pe►sona bul le e corporelbn.Wmited Ilability oompanY,parl P. <br /> . � other Isge�antity),Lender rrgy.m�ts op�lon dec�a�the oulstandinp prinGpel belanee of lhe Obligatlons plus aocnied interest 1Mreon Imrrbdlately du�and <br /> paYal�le. pt Londers request.(3rarrta or Borrauer,as ths case mey ba.�all tumiah a cortplete statemem aatlinp forth all 01 its atod�holde►s.rr�rrbra,or <br /> • j penners.es appropiate,end the extent ot thek res.p�,li�e awnerahip(ntarests. <br /> � 6. ASSKiNA�ENT OF RENTS. In concideretion of ihe Obligatlons,which are ceared by this Deed d Trust,�rantor absolutely�ssigns to L�►�aY <br /> C3rantor's estate,ripM,title,Interest,dalm and demand now owned or hereailer ecqutred in all exlsling and future leases of tho Praperty( 9 <br /> • �.� extensiona,renewa�s and subleases),all agreemema tor use and ocapancy ot the Properry(a�l such ieases and apreernenta whether written or oral,are <br /> hereafter relerred to as ihe'I.oa;a:'),and allgu aranties of Iessees'perlormanee under the Leases.together with the Immediate and continuing dght to <br /> � ooilect and reoeive all of the rente,inwme.rocoipta,revenues,Issues,profite and other ineoma of any nawre now or harea(ter due(indud�ng any incomo ot — <br /> any natun cortk:g due durin9 enY►edemPtlon pariod) under the Leases or hom or aris(ng out of the Prope including minimum rents,additional rents, <br /> k percentage renis. Farldng a eomrw�area maJntenanee�eonof n s�urance erin sbss of renta esulMng�iromeu tn enentahilf�ryr caused bY desiniction�or <br /> detauft in eny lsace�aii proceeds payable under enY pol Y 9 <br /> derro�a to the Property,all p►oceeds payeble as a result ot a les3ee s exercise of en option to purchase ihe Property,all proceeda derived hom ihe <br /> �� teminatbn or raJBCtlon of any Lease In a baniwptcy or other Insohrencyp�oc�e�n9,and all s han eny rights and dairro of any Wnd which Oranta <br /> may have�I nst any lessee under the Leases or any oxupanis of the Property(all of the ve are hereaher oolieetively rafarted to as the'Rente'). This <br /> asal�mentia wbJ�ct to tha tlgM,power and aulhorlty given io the Lender to oollect and apply tha Rents. Thls asslgnment la recorded In accordenca wflh <br /> . epplTcabN ttate law;the Ilen ueated by this asaignment Is Intended to be spedftc,perfected.end choe�e uPon�=h�s��a D�eed of DNS,of��.�e16 <br /> provkNd by epplkable state law as errended hom time to time. Aa long aa there la no dsiault under the 061 <br /> Q�entor a revocaWe Ikanae to colleet all Rents from ihe Leases when due and to use such praceeds In Q►antor'e buainesaoperetione. However,Lender <br />' �� may at eny tirtr requlre Cirenta to deposit ell Renis Into an a000ur»malmatned by Oranta or Le,�der at Lender'a InatNutbn. Upon defeuh In the paymeM <br /> � of,a In the performenoe of,any of ths Oblipations,l.er►der may at Ita optlon take passesslon of the Propeny and hava,hold.menage.lease end operate the <br /> property on tamia and for a perlod of Qme that Lendar deems propar. �ender rrey proeeed to wllect-and receNe ail Rerrta hom the property.end Lender <br /> ' - shall have Iuli power to mnke aftaratlona,renovatlons,repairs or replecementa to the Prpp�y an Lender may deern proPe►. Landee ma ePP�Y��I Rerrts In <br /> , . -- LerWers tots acastion io payrrAni ni iY�e C�,iiy-a�ars C So thc paprf�n!of 1he c��!o}'�rh aBeratl�rerwvalon of ihe�Prope yre�lende►mBy Kwptite - <br />-,, .; . expmsea hcida�t to taking end retatnln�possesaion of the Proparty perfadiealty end the menagen»nt pera <br />_ p�operty prop�rly inwred and rmy discherAe anY iexea,chargea,daims,asaescrnems and other Ilenn which may axnw. ll�e ex�enas end oost of thsse <br />��:.;� ;. � , actlons mey bepaId from the Renis reeelved,and any unpald emounts ahall bs added ta ihe principel of tM Obligatlona. Theae armunta,toge�hx w8h <br /> -+,�t, other eosts,shall Mcorne PeR o(the Obligations secured by thla Deed of Trust. <br /> } .��r:,ti . ' <br />�..;!',,,` , <br />'"'=�.::��a; 8. I.EASES AND OTH6R AGREEIfAENTB. Orantor ahaU not take or fail to take eny aetion whlth rrey ceuse a pem�tt the taminatlon or ths wflhhddlnp of <br />���'""•���:' anY paytrertt In oonnectlon wlih any Lease a other agreemem('Agraemenl7 pertaining to th0 Propetty.In adatlon (iranta,wfthout L�endars pria wrltbn <br /> °,a`�„y-y� oonisnt,shail rat:(a)cdlect any rtr�nMa payable under any A�eement more�han on�month In advanoe�(b)mod�r eny Aproorr�ent:(o)e�abn a etlow a <br /> c��=� Ilen,aearf►Y Inters�t u other sncumbranee to be placed upon Ciranta'a rlphte.ifHe end im�tett in end to any Aprsatxm or th�ar►wunts pay�bi� <br />_�n`a�.+�_n <br />�r��_,`-7��`_�i� thereunder:w(d)teminate or caneel enY A9reernent axcept tar�he nonpaynwnt of any sum or other mateHal biaado by�net w c�arioel any A�eertard. <br />:,,-�, . -� . . reoelves at eny Itrro eny wrftien aomrunkatlon a�ssrtlnp a dafault by qranta under en Apraement a Purport np t <br />�;,,�'y� C3rentor ahallpromply forward a copy of such oortrrunkatlon(and any tubaequeM eormunlcatbns relating thereto)to Lendsr. All auch Ayrosrnenta end <br />-_��_�, tho amowta dus to Orenta thereunder are hereby asslgned lo Lender aa ed�iUonal securlry for the Obllgatione. <br /> 7, Cp6LECTION OF INDEBTEDNESS FROM THIRD PARTY. Lender ehall be emNled w notlry or requlre(iramor to notlfy�eny thlyd paAy(Indudng,but <br /> � - "�� not Nmlted to,basees,llcenseee,go vemmamal amhorNbs and Inaurencecortpenlea)to pay Lender eny�ndebtedness or calpallon o+tid�G to Orentor wBh <br />�::y{"z•r►'�� respect to the Propony (curnuletively Indebtednaas")whether or not a delauft exlsts under thls D�ed of Trust. arentar shall dllOenAY ooDec,.�t the <br /> _ - ��d e b t�d�eu ow�ng te p r e n t o r h o m t h e s e 1 h l y d p e rt t e s u n t l l t h e p lvi n g of euch not{ficutlon. In tha evem that Qrantor possesaea w roeelves possesston of <br />-°"°-;,=,`�l�i eny Instn�rnsnb a othar romittarwes wlth reapect to the Indebtedness tdlowing the pivinp of eueh natlfleatlon or If the fn�trumente a othsr ro m i t tenas <br />--_����- conqltub th�prope�t of any Indabtsdrwss or the payrnent of any Inwrance a oondemnatton proce�ds.(iremor shall hald wch In�trurrrr�s and ort� <br />------ - rsmltterwas In trust fa Lsnder epert hom Ns other propaty.ancbrae the hativmenta end ahet remfttanoes to Lender,end krmec9oatrely�o�•,�w� <br /> _--��-'_-� posssasla�of the Inatruments and other remtttences. Lender ehell bs emltled,but not►equlred,to ooMwt(by Ispal proaedlnp <br /> _- ttm�tor payrnent.eorrpromise.exehanpe a release any obllgor a edlat�ral.or oth�rwlse�erite any of tha Indsbtedrnsa wh�ther or not an w�m of d�feutt <br />—_��.���°� e��r thlt A9ntment. Lender shell not be Ilable to arantor tor any actlon,erta,misteke,omisslon or dNay�rlalnlnp to ths ecttons ds�ibd In thls <br /> —��--�— cr any demeges resuMlny thorelrom. Notw(th�tandlnp ths fonpotn9, nothing Mreln shnll eause Lend�r to be dMmed a <br /> -----�— matpe�.(rnpoaatsbn. <br /> -�� <br /> --�- -�— d. USE MID MAINTENAr10E OF PRtiPERTY. Gramor ahall teke all ectlona and meke eny repafra need�d lo malnWn tha Prop�rty In pood oondt�on• <br /> -- a-..�-�4""—"'"""� Groma�hall not commt or pem�lt any waate to be camined wfth r�spect to the Property. C�ranta shal�uae ths Properts��ol�ly In oompNer��wen <br />'--�y,p���� applkk�bM Iaw and Inwrmoe polld�s. Grantu shall not rreke any elteratlons,eddtlona a Imp�ovenwrrte to the Proparty wbhoul L�nd�r's prbr <br /> eonfsnt.yyNhcut pmltlnp th�f�ng,elI elteratlons,addfllone and Improvement�mada to the PrMerry shall bs subj�ct to the bsnsfldal Intanst bdanpiny <br /> ."��'���,`� to Lsnd�r,shall not bs removed w hout Lender's prlor wdttan conaent.and shall bt mads et(3rantor'a eols sxpene�a. <br /> '�,'FF~• :••r`'�• p. �S pp DAMIAGE, Orama ah�I beor the emlre dsk of any loss,thefl.destruclbn a demage(curulativaly'Loas or Damaga�to the Propwty or eny <br /> -_ �''� porl{on diereof from any eause whatsoever. In 1M event of any I.oss or Damegs.Carenta shaN,at the optlon of Lender,repalr the affectsd Property to k� <br /> - '�{'•!� provlout oondtlon or pay w ceusa to be pald to lsnder the decrease In ths fek marlut velue ot the aiteeted Property. <br /> 10. IMSUHANCE� '1'he Property wlll be kept Insured ta Hs}ull Insurahle velue(r aoerrent eosq e�elnat all hazerds Inoluding bss or dan�ags caused by <br /> flood,earthquak�,t��d flra,the�or other casuafty to the exteM requl by Londer. Cirema may obteln Insurance on the Proporty Irom sucn <br /> � eompvdea ae are aeoeptabte to Lender In i►c sole dlsoretbn. The Insurenee pollde�shall requlre the Inwrenoe eompeny to pta�de Lender whFi at least <br /> �� 30 days'writtan notloe before such poYdes are�Itered or canoalled In en munner. fie Inauranoe polldas shall narrie Lendaras a loss <br /> � � p�ed'pioTrtd-e lhat no act or omisslon ot tirantor or any otharparson ahall aNecl the dg�t ot Lertderto be pald the Insurenoe proceeda pertelning to the <br /> � s lou or damepe of the Propeny. In the everrt�rarrtor fells ta acqulre or malnteln Insurance,l.ender(aMer ptovtding notice es rray be requlredby Iaw)may <br /> '° In Rs dlsaetlon prowreepproprIate Insuranea coverage upon the Propeny and the Inaurenoe eost shell be an aduance payable and bearing lntereat as <br /> ,��,�,,�" '� deacxfbed in Paraqraph 23 and seaireci he►eby Grarrtor shall fumlah Lender wlth ovldence ot Inaurenoe indcating the requlred coverepe. Lendir maY act <br /> aa attanayIn•fect!or Cirantor In meking and seflling delrro under Insurance polldes. canoeNng any Pot�a or endors��9 aremor'�narne°��Y�°r <br /> ,•� e1 and delNered to Lender as turther aecun <br /> _ ----_--,_ nepoifabl�Inetrument drewn by any Insurer. All wch Insuranco �doa shall be�mmed�aury ea gned,pl � <br /> �__�� .�....�,��...a..W.��.�,����e.,d�ondsr Is authaized to rreke aoof ot ba. E — <br /> -----'°r""- 10f IIHOWI�S1IOn5. In lfl��vwti oi nr5i��aimmn ..�d�..�......p...� �.__...�. ....�...•_-- -... - - <br /> Inwrarbe carpenY�s dlrocted to rreke peymarns d�rectty to Lendar Inatead ot to Lender and Qrama. Lender shell have the rid�t,at fts eott optlon,to <br />,� � epplY such monbs toward the Obllgatlons or toward the oost of rebullding and restoring the Properry.Any amourAS may et Lender'e opqon be appNsd In <br /> tho Inverae ordor ol the dus datea thsreof. <br /> 11, 20NIN�i AND PRIVATE COVENANT3. �rantor sht�N not Initlate a conaem to any change In 1M zoNng provlslons or private covenents allectlnp the <br /> N p mes o noneonfomVng uae under any zonlrp slon, <br /> use of the Proporty wlthout Lenders p�1or wrltten oonsern. If Cirentor's uw of the Property baco _ <br /> (iranta shall not eause or pemit euch use to be diacontlnued or abandoned whhout the prtor w►ttton oon�ent of Lender. Grantor wlll(tmxdiaN�r�prov�de <br /> Lenderwhh written notica of any propoaed chenges to tha zonlny provlsbna or prlvate cmrenants aHectlnB the Propsrty. <br /> 12 CONDEMNATION. drentor shall Irtmedlately provlde Lender wlth wrltten notlae of any actual or throatened condermatlon or eminent domeln <br /> aoceedng pertelning to the Property. All rtxmlea payeble to(3ramor tran auch conda�inatlon or taWnp are hereby asslgnsd to Lender and shel ba epplted <br /> ' � � ilrot to the payment of Lendere anomeya'teer,legai oxpensoe and olher coats(Indudnp apprelaal lees)In eonnectlon whh the oondermatlon a eminent <br /> domaln proceedings and then,at the optbn of Lenc7er,to tho payment ol the Obllgatlona a the restoretlon or repalr ot tha Property. <br /> -- Pao.2as <br /> � HE0018 Rea.?/8) <br />