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<br /> ' '"''.`;..�.� ep�►nat futur�mawth y lnatallrrhnta d Furtds/1 ths amount d the Funds hald by 8enefklary shall rtot be suBkbnt ro pay taxe�,eaaelamsnt�,
<br /> '4 Inawencs promlumt end pround ronta sa they feil due,AucNr shaApey to 8eneffclery any amount necessary to maka up the delklency wJthin Mi�ty
<br /> � Uay�from the dete notice fa ma�bd Ay Ben9tklary ro livaror roquestlnq payment thereol.Upon prryment!n full ol all lndebtedne�s,Benstklary aha!! �
<br /> � • �Y* prompfty titund ro Tluator any Funda ANd by BenMlcNry.ll tM 7ivat Property la aold undsr ths poN+er ol aaM a the Tlust Property!a odr�nvl� -
<br /> �cqulnd by Bmetklery�B�nsfklary ahall�ppy,Immed/aMly prlor to the aa/e d the liutt Properry or!ts acqulsltbn by Benefklary,any Funda held
<br /> ' by B�nMICNry�t fM tlm�d�pplk�tlon��e credlt ayUnat the lnd�6tedneas.ll Bsnetkl�ry executsa a wrltten wa!►rer d Austor'a obNp�Hona undsr --
<br /> ,•�� �` thlt p�npmph�,TFUStor caronants and agroes ro paK bsforo the a�me becoms dsllnqusnt alI taxes,asaessmenta,Insurance pmmlums,yround =
<br /> n+fta,�nd�11 olher charpss wh�taoevsr levlad upon a eaaea�sd,plrcod or m�ds epalnat the TYwt Prnperry.7Yusror lurther eyroea,upon w�lttsn =
<br /> ° ,.•. • '" nqw�t by BN►Nklary,ro promptN ddl►ror to Bon�f�Nry n/!ncelpta br fhs paymsnt d auch che►pe�.1}vator 1&ewlae agroea ta p�y a0 taxss,
<br /> aaaeaamanta and othe�chaige�bvkd upon a esaeaaed,placed ormade ega�nst or measured byt thls Deed of Dust or the recadatlon hsroW. °
<br /> 5� AppNc�tlon d PNymartta Afl paymsnta rocelv�ed Dy Bena!lclary aa to any dsbt.11aDlNty or oDllgetlon aw+�d ro BeneltcfAry by 7lustor may De app!!ed i� `
<br /> �i�� 9�nNklary ro the paymrnf d tM lnd�W�drrsse a ro eny such other detN,llrblllry a obAgadon,tn arry o►dsr a mannsr o/appNCatlon whlch
<br /> f�'. BeneHd�ry,ln!te abso�uts dlscMion,de�ma epproprlata Unlesa otM►wlse ebcted Dy Benep�lary,e►y such payment ahall be deemed appUed flrs�
<br /> ro tha paymrnt d�r y drW,tlaWNry a obNpatlon WAer than the Note.
<br />- bl Cha�pea;Lkn�.hustor wlll k�sp tAo Tiust Properry Iree/mm all IMn�end encumbrences whkh in erry wey may;!n the/udyment ol Beneflclsry,h
<br /> - .'' prbrlry are►,or Impab tM sceudry ol,th11 Daed of 7iust but hustor need not dlsaharpe eny such lfen so bng es liusror shall apree,!n wrJdng,to
<br /> pay the obNyadort securod by auch fien!n a manner ecceptebb ro Benetklary and ahalf In pood lelth contest such 1len by approprlete legal
<br /> procesdlnys ellectNe to pnevent tNe eMacemenf ot tho l/un and tho loss of airy Intemst In a part o!the Tru:t P�operry.
<br /> `-`:�r�.�. � Z Hazard Inauronca Trusta ahall keep the Dulldings and othei Improwments now exlsdng or hereafter erected on the Iiust Properry lnsurod by �
<br />�t Y�,:�,. .. lnsuraxe carrlers sadsMcrory ro Benelkiery agalnst bsa by pre,huards Incfuded!n the term't�xtanded carerege"ertd suCh other ha:erds.
<br />���?;',=��`. casualtles and contlnyencles as may be roqulred by 8enelldary,In auch amounts and for such pedods as may be requlred by Benefklary.fie
<br /> ---. pollcy o!Insumnce shaN be!n form acceptebte to Benelklary�proWde that the same may nof be cancelled or modilled without f!lteen(i6)days prior
<br /> �; ';i,�:�;, w�lftsn notlCS to Bsnelklary,end shau havs bss pay�Ws provls/ons In lawr d and!n Aorm eccsptsbb to Benelklary.AN promfums on lnsurence
<br />-="-�•�w' poNCNa ahall bs peld!n the mennsr pravlded unde►peny►aph,herool a,t/not pekl!n such mam►er by 7lustor msMny p�ymrnt at bast NfMSn(18)
<br /> =::.L''�£��
<br /> -°�•,;�� d�ys prlo►to the due dela direcfly M the lnaurance oanle►.Ba+Nki�ry aMll have Me�ht to ho/d the policles end ronewals Merool and Trus/or shal!
<br /> .z'-. prom4fly li�mfsh to FJaneflclary�0 ienewa►noHces and a!1 pAld promlum rocefpta rece!►+ed by lt.In no eHent ahali Benelklary a riusMe bB hetat
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<br />-;;��•, _ rospons(bb fa faliuro to pey/nsurence premlums or/a a►y bss or demaQa arlsfng out ol s deh�ct In any poNcy a aNsing out d eny lailure d eny
<br /> _-�__y%� lnawance canpeny to pay kr eny loss a damage lnsured agatnst a lor Mllure by firstor to M1�ct ths lnswencs ruqutred M►sunW►.!n Hre e►rer►t d
<br /> �:��", b�7FustGr shall ghre prompt notice by mali to the lnsurance carrier arrd Benelkiary.Beneflclary may make proof ol bss H rat msde pvmptly or In
<br /> ..^,�,�'� proper form by llusta.All policles ol lnsurence and any and aH refunds ol uneamed premlums sre hereby esslgned to Bara11clary es ed�tlonal
<br /> :,�- secudry lor the p�yment of the/nd�ehMdr�es�In the e►ront ol Benefklsry a exsrr.Jss o!Gre powm+o/asle conta/ned here/n,or In the er9nt W
<br />, � lorecbsure,all rrght, tltb and lnterest o/7FUStor In end to srry Insurence polky then in forco ahall pass to the purehasor et the husteela sa1�or
<br /> ��a�,,.',� . /oreclosure sale:In case ol arry bs�the Insurance proceeals may;at the optlon d 8eneflclary,be applled by Beneflclary upon the lndebMdnes�or
<br /> �'����" ary part thereol,end!n avch ader and amount as BeneBc/ary may determine;w sald insurence proceeds,at the opNon ol8er►eliciery,may elther
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<br />--��_ � bs ussd!n ieplacing or�asto►iny the livat Property pvtialy a totaly deshayed ro a condltbn aadsfectory to BsneNclary;a aald lnau�ance
<br />_+•p"� procseds,a any pwtlon thered,may be re/aesed ro�ustor Unlesa Be�efklary and bustor otherw/se egree!n wrlUnp,ery auch ap,olkt�Gon of
<br /> ' lnsurence proceeds shtlf not extsnd or poaqowfa the due date d the No�,or eny lnstallmenta called for thereln,or chanys Nb emount d sur,h
<br /> lnstsllment�H the 1Yust Pnoperry la�cqulrod by Benelklary pursuanf to the exerofse ol the pow�r o►sale orWher fomclosuro;ell r/yht dtb end
<br /> -_�:�� inlersst d firstor in and ro any Msumnce pmcaeds payable as a�esuft d damage to the Tiust Property prlor ta the ssb or acqulsltlon ahaApass m
<br /> ===� Beneiklery end shall be eppUed tiist ro the cnsts end expenses lncd�dlna ettomey(ees.Incurred!n collectln_q such proceeds Ihen!n the manner
<br /> -= And M ths adrr provided heroM.
<br /> --°°„� a Rsssrv�tlon and Msintenance d 7Yust Propertys 7lusinr w1U kesp the bulldlnys and ott+er lmprotirements now a herwMkn e�ec[rd on ths Ausf
<br /> _ --- Props�ty!n Qood n�p�lr end condlNor►and will not commit orpeimit waalq will not aMer the deslgn a ahucturel chancte�canslftuNny any 6ulMlny
<br /> .___ now a heroafMr erocMd on�nd constitutM�the Tru�sf P�eprfy wldaut the prlor wrltlen consent d Henefklary,wUl not ab any act a th/ny whkh
<br /> wnurd unduy rrnpalr a deprsckte ehe►muie d rne nun Pro�e►ry end wln nor enanann nre m,sr Pro,verty.Ausro►wN�not remoNS eny nxeurss
<br /> --==— consNtutiny ths liust Property unless the aame are lmmedlately repl�ced wlth Ilke propeety aub/ect�o fhe/!en end aecurity inte»st d d►is Osed d
<br /> " 7iust�nd d�t ls�at equs/vdw and uNNfyc ihrstor w1N compy wkh aH prosent and luturo adlnarx:es reyu/adons and roqulrwnsnta W uy
<br /> _ '. po►�nrnm�ntd body whkh ars appNcabb to the 1►ust Prop�ty ar+d to the occupancy end use drersa/.H thls Desd d Rust!s on a unNln�
<br /> conabminlum a e pJenned unn de►relopment, liusror shafl perlorm au ol Tiusta's obllgeNons under the declaretions a coNenenta croaBnp w
<br /> ya�smh►g the condominlum w Ihe plenned unit dev�lopment,the Dylaws end regulatlons ol the condominlum a planned unit devrlopmsnt end the
<br /> --- conaNtuer►t dxumenta
<br /> - 8l Inapoctton.Benefklary a!ta egents may,at ell masonable times,enrer upon the iiust Property for the pwpose d inapecdon.BsrNfkiary ahaU havs
<br /> no duty ro meks auch lnspec�Wn and shall not be llab�e to 7rustor a ro eny pa►son!n possesslon!f It makes a falls to maNe any such lnspecBon,
<br /> iQ Proroallon d SecurNy.N livstor fal/s to pa/onn ary of the carnanta and egroementa contalrted!rt thls Desd ol flvat,a il uy�cNon or proc�edlnp
<br /> = !s commereced whkh does or may adirersey afleCt the first Proparry or the Inlerest ol Trustor a 6sneNclary drsrsln or 1fie Ntls d liustor tliersR�
<br /> = then Bensfklery,at/ts opBor►,m�y►pertorm such oavnants and agroement�maks such eppearence;dbl�end egainst and hn+ssdpi[a auch acdon
<br /> —�� a procosdW�p u�d taloe aucA other action es Benellciery deems nsc�ssary to protect!ta Interest lncluding,but not NmNsd tq Wsbw�rnsru d
<br /> ; roasor►�Ws aNOrney I�eai end entry upon 1hs 7iust Prop�rty to maln ropalra Any emounts disburssd Oy 8enefklsry purauant to dNa parep�ph 1Q
<br /> wiOh kMNSat tl�ersa►.ahd!ca►atltut�s lrtdebMdibas d 1Fusta ascund�y M/a Osed a/1Fust Unkss fiutw and BrrtMkAry ayn�fi otMr t�rm�r W
<br /> paymerH,auch emouMS ah�N b�PeY+bh upon notJce from BenellcNry ro liustor roquslHnD P+Y�nsr►t tl�eno%and e�fwN beu hM�roat Irom tM d�N
<br /> d dsbura�nwnt at the dMauM ntq,N arry,aet forth In N►s Nole�a afherwlse at the hfghost�ate pemNf[ed by law.Mafhtrg canblrNd!n thp p�r�pr�h
<br /> ahaJl roqu/n Osnefialary ro Incur ary e�nss a take any ectbn herounder. 7lustor�rreynceby authorizes and smpow�rx BsnNicl�ry ro aMw�pon
<br /> - eM 7tust Prop�rry as liusror'a�nt and,in TYuaror'a name a otMrwlss ro perlbrm any end afl corenaMa and aprssm�rKS to bs perlorm�d Oy
<br /> 1ival�a�a MroJn provJdod.BsnMlclary aMll,at its optlon,be aubrop�ted fo�ry encumbranc�lhn,cWm a demand�nd ro aN�lytMa rnd a�cudBsa
<br /> Aor Me p+yment thevedpald a aYschsrped by Ber►efkla��undsr the pnovl�lons hsroo/and eny such subrogedon rJgl►fs shall be edaYNonal and
<br /> , cumW.tn�e ascunry�o.�hrs ne.d or nusr.
<br /> � tt. Cond�rnnaUon. IHe prc+cesab d any eward a cMlm 1br dumap��d'nct a conseqwnMal,ln caw�sctJon w!M ary car�d�rnnat�on a cKhr►hkiny d MN
<br /> -- �►u�ro�►y w any�n n,e�sa,a�►ra���ra,a o.���a co�a�,naero���rs he�vGy asslp�sd M and ahaN bs pdd[v
<br /> � 9er�eflcimryc lfu�lor w/N Ne and pusecuta h good falM and wloh dus diM�encq fts clslm hr any auch aw�rd a piymwrr,and w!N catae tln aarns to bo
<br /> caiacled a�,d p�la ro ex�elkdaryc and snoukl n rarl eo do ao,auaro�►nsNOCebry�un�o►rres and en+�,avsrs esnMlcla�c!n M►�n.ms a 1fusJ�or a
<br /> _�_: —= ' oMerWis0.b filel P►o�erxrNe�eetfN or ec'aprort►fse anY stech Ciehn elld tn coNecb rocsfot Ito►and retafn Ma proceeds M(he 1Jvat PrOpsrry!a aNanabrx�d
<br /> Dy liwla,a,dNr noUcs by Benel'�c1�ry ro fluslor Mat fhs conderrwra oAbra M mals an award a eettfe e cMlm Ibr demgsa Austior/afls a resnond ro
<br /> -_.- - g�n�lery wl�hk►tf►l►tyr l3p)deys after ths date auch rntics!s melbd,Beneficlery!s authori2sd M cotbct and epAly N+e P�ds!n ths manne►
<br /> - lreticaled he+eNf.1Ae proceeds d enY ewerd w cldm meyt e/!e►dedUetk+y eN�eesonaDle eosts and axpenx�lncAidi�D attorrbY Ms�wMCh may have
<br /> - -- - -= neen lncuned ey es►,eNcla►y rn Me coNeakn e►aew..c n�e sds aFsc,erton d eendJC�e►yt ns rs�aased ro m,sa;y�a a�ssloratron d mar pro�ertys
<br /> ��=� a q�tied b Me pyment d the Indfabtent�ess Unless Benefldery pr+d Austa oUre+w/s�e YQ+se!n wdtk�p.enY auah eppNC�tion of prot�ods b
<br /> -=-""'"�'' n,d�tba�bss ahmr noe e,�nd aposq�or,e u►e a►re awe a n,.rvas a n�e Peyme►,r a ary�,sa�r►brns cawed ra n,e�eunas.
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<br />_�_=_�� 12. Cor+taminanta�1}ustor w�msnts urd reprossnts that tMre�n rat rwx;na,M the Dest d TrtraMYe knowbdps after roa�orrebb knrea8petlon.ha►b
<br /> -=� �T� iMn eN9r been and,wifhout the TrusMr obtalnkp Benetk/ary'a conserrt u►d aN roquls(re ps►mfta end approvels,Nwrs wiH nat k►tM futuro b�
<br /> -� :.:'i� ContamManta atored,hmd/ed.or dl sed d on the hus!
<br /> _ ___ spo Prupnfy whkh w+ould rsquJrs cbanup�romoval a other ren�sdial ecHon under eny
<br /> - � snvknnmenMl l�ContaminaMS sheX mcen msteHd�;rurbsMncea�nd compounds proAlbftsd a mpuleted under any snvMOnm�ntal l�liusta
<br /> -.�;:�� w/N ImmsditfsN naN1Y Me Bsnefic/MS kr wrltl►►9.o/enit(A lmsaND�Uon.lnaulnt clelm a acUon bfr anv aouemment�f eutho�iN or otlbr wrtx
<br /> �• ���; ag�hrst ths 1Yustor reguding ary e►ximnmental law�(fi)Contaminants on ths 7Yust Properry whkh wvuld requlre ckanup remwal a oNbr remxilal
<br /> �.:.'!'t;: : acNon under any envlronmentallaw�Upon rhe BsneNcfaryb mquesr,7luitor w�r�per�od�csly prov�ds envlranmental assesamer►ts a compllancs
<br /> '.���.•• •. audits;and�proes to Wrm(t envlronmentel lnspsctlons and rosan�d tM Tiust Prope+ly by Me BeneHClary a lts eQents,et the 7lustor's expensa
<br /> ' �� ��* N the 11ust Pnnpsrry!s usod fa rosldsntlN purpase�tM prectdin y aAAq not appfy M the prosence�use,w aroreQe on thd Tiust P►opsrry d amell
<br /> Qu�ntltks ol ConMm/nants thaf ero ger►enlly recopnited to b9 eppcopriafe[u namsl resldentfa!uses and to ma/ntenence of Nfs livat Pnopsrty.
<br /> �-:.;; . 13l llusto►Not Rsfeased.Extens)on ol!he tlme Ib►peyment oi modifiGafbn d eny smo►tJiatlon 0/ths lndeDMtX�sss qnlnted by BenefiCla►y to ary
<br /> , aucces�r h�rntsrest ol Austa ahall not opereM ro�ekase,in eny m�nne►,Me fieW►iry d Trusto►end T►usto►'s successas In fntsreat Ber�Mklary
<br /> " ahall nof be roqu(rod to commenco proeeedmp�epaMtt aucA aucatsa or isfuse fo extend h'ms fa paymsnc a othsrwlse modiry emorNzr�YOn d
<br /> ' ths fndetYednszs Dy iason d�ny domand made by llustor�nd Austor'a attCCessore M Interoat.
<br /> ��`,�i, 14. Flnancla�lnMrmatlar.Upon reauest ol Berteficl�ry, Austor w�u provldo to Banel;clary,wlthfn rtlnety(80)deys W fAe cbse d each liscal ynar oi
<br /> �;`,��* �, Tiulto►,the consolidated balance sheet and statement ol eamings d nusta and any and ell puaronro►s o/Ms lndebtedness secured henby.(I�rfy,
<br /> ,Z x��,• � snd wul provide and defhrer ro 6Malidary aueh other ffnanGa�lnfbrmetron endln auch manner a�Benelicfary may reasonably mqusst Irom tims ro clme.
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