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<br /> � ��'�Q���iZ� , � � -r �:°°.:
<br /> ehal�nottoonillat wlth�the p ovisionle of any�at tu e�puletlontlordlmnce,ru�le�IOt law�contraot or other preemsntdwh ch m�y�b�bind nt� on' �
<br /> (irantor et any tlme;
<br /> (s) No aotlon or proceading Is or ehall be pendlnp or thre�tensd which mlyht materiaily eHea the Property;and
<br /> ilmi�d to�thoae governinp Haznrdoua Met r1aBi)whlehtmi9ht mi sraelly aH ot he Prop�rty a�Lsnd r'e phts or�ntir at n the�Propelrty pura�nt
<br /> to thle O�ed of Truat.
<br /> 9. PRIOR DEEDS OF TRU3T. Orantor represente and werrante that thare are no prlor de�da of truet ntfeotlnp any part ot the Property�xc�pt ns e�t
<br /> forth on&chaduie B attached to thte Deed of Truat,which Orantof�pnes to pty and pertarm in a timely manner. H there are eny prlor desde of truet
<br /> then(3rantor agrees to pay all amounta owed,and psrfarm all oblipulom requlred,under wch dssde of truet and ths indebt�dn�s�ascurad th�nby
<br /> und furthor nproon that a defauit under eny prior deed ol truat ehaY be a detoult under tMa Deed of Trust nnd shail entltls Lendet to sil riphte and
<br /> ��_1� remsdl�s cantalned h�reln or In the ObIlpaUons to whiah Lender would be entitled in the event o(any othor�ofault. ..
<br /> 4. TRANSFFRB OF THE PROPERIY OR BENHFICIAL INTEPESTS IN dtiAt�ITORS OR AORR01NER3. In the svent of a sals,convsyance,laase, �
<br /> contract for deed or transfer to sny peraon of all or any part of the rsal properly describd in Schedule A� or any interest thsreln,or of all or eny
<br /> ����"'w ' benefielal interen in Borrower or Cirantor pf Borrower or f3ranWr ia not a natural person a peraona but lo a corporation,Iimited Ilablllty company,
<br /> � �"� partnsrahlp,truat,or other legal entity),Lender mey,at Ita optlon,declare the outstandinp princlpal balance of the Obllgatlona plua accrued Interost
<br /> thereon Immedlatsly due and payable. At Lender'a requeat,Ciantor or Borrower,as the cu�mny be,shail fumish a eomplete statement settlnQ torth _
<br /> : I all of Its stockholders,membere,or partners,e9 eppropriate,and the extent of thelr reapective ownerahip interests. .�_:
<br /> 6. ASSItiNM@NT OF RHNTS. in consideratlon of the Obligetlona which aro securod by Wa Deed ot Truat,drantor absoiutely assigns to Lender ell .�_
<br /> (3rantor's eatate,right,dtte,Interest,cielm and damand now owned or hereafter acquired In all existlne and futuro leases of the Property Qncluding __
<br /> extenslona,renewals and subleases),all agreementa for uae arid occupancy of the Propeny(all euah leasea and agreements whethet written or oral, __
<br /> • f aro hereafter roferrod to�a the'�.ssasa'),and all guaraMies of leaseea'portormance undttthe Laasea,togsther with the immedlete and continulnp , ',_
<br /> g ripht to collect and rocehRe all o�}he renta.Income,rocelpta,rovenuea,leaues,proflta and olher income of any naturo now or heroafter due pnciudinp F.--_"
<br /> •� any income of any nature coming due during any redemption period)under the Leases a lrom or arisinp out of the Property,Includlnp minimum
<br /> rente,additlonal rente, percentage ronts, parking or common aroa malntenance contrlbutione,tax and Insurance contributlona,deflolency renta, �?��T;;:
<br /> Ilquidated damayea foliowinp default In any lease, M proceeda payabie under any poliey oi Ineurance covorinp Iosa of ronta reauftinp from E.��-��
<br /> ' untenantabllity aused by destruotion or damage to the Properly,aN proceeda payable as a resuit of a Ieaaee's exercise oi an optlon to purchase tfie E
<br /> Propeny,all ptocesde derived from the terminatlon ar reJeation of any Unes In a bankruptoy or other insolvsncy procesdinp,and ali procoeda from
<br /> � any riahis and clalma ot any kind which Orantor may have aflelnst eny Iesaes undsr the Utsea or any ocoupente of ths Propsrty(�II of ths abovs srs
<br /> ' hsreafter coileoHvsty rsfsrred to na the'Rents'). Thla aealgnment ie aubJ�ot to the ripht, powsr and authority piven to the lendsr to cotlsat and apply �
<br /> � the Renta. This assiynment is recorded in accadsna with�pplbable stat�law;the Nen cnated by this aaalpnmsnt la Int�nd�d to b��p�ciflo,
<br /> � perteoted,end choate upon ths recording of thta Deed of Truet, au as provlded by�ppllabl��tata law a am�nd�d from tim�to tim�. b lanG as
<br /> there la no default under the Obliqations or thla Deed of Trust,Lendsr prants t3rantor a revoable Iicense to coilsot all Rtnri from th�L.�aNn wh�n __
<br /> due and to us�auch proce�ds In �rantor's butlmss operatione. Howlvsr,Und�r m�y at�ny tim� nquln Orantor to d�po�ft all R�nU inta an
<br /> �, account malntaln�d by Orantor or Undsr at Lend�r's InnituUon. Upon d�fauit In th�ptym�nt of,or in th�p�rformana of,�ny of th�Obllpatlons,
<br /> Lendsr may at ite optlon tak�poaseselon of the Properry and have,hold,minap�,I�as�1nd op���t�th�Prop�rty on t�rm�and tor�p�rlod of tlm�
<br /> that l.�nd�r dNms prop�r. Und�r may procaM to coli�ot�nd ncalv�ail R�nU trom th�prop�rty, md Und�r�hail hav�full pow�r to mak�
<br /> �� ait�ratlonf,nnovRtlons,nptln ot npl�osmmt4 to th�Prop�rry as Lon�u m�y dam prop�r. Unuu may�pply�11 R�nu In L�nda'�wl�dl�cntlan
<br /> to paym�nt of th�Obllp�tions or to th�payment of th�oost ot�uch alrntiom,nnovatlon�, npaln�nd npliam�nta�nd my�xp�nN�Inold�nt to
<br /> ttklnp�nd nt�lnlnp posNnlon of th�Prop�rty p�riodlcally�nd th� mmap�m�nt andop�ntion o1 Ih�Prop�rty. L.�nd�r may kHp th�Proporty
<br /> � prop�rly Imund Rrsd may diYOharp��ny ta�a,charpu,olalms,nsoam�nu�nd othu Il�ni whlch m�y�xrw. Th��xp�nf��nd oolt of th�N
<br /> �otlons may b�anid trom th�R�nts nc�IvM,and�ny unpald amount��hdl b�add�d ta th�prinolpal of th�Obllgatlons. Th�s��mount�,top�th�r
<br /> �' wlth olh�r cosU,�h�li b�com�part of ths ObIlpaUons acund by thl�ONd of Tru�t.
<br /> ' � ��F$AND OTMER AOREEMENTS. [3antor �hill nM tak� or fall to tak�any�otlon which m�y oau��or p�rmit th�t�rminatlon or th�
<br /> b wiMholdln0 of�ny paym�nt in oonn�otion with any l.naa p�numny to tn��rop�riy in iu�iiiit,r,Cr.Mar,•.r!lhau2 L:nder'e prtor Written c�±!±!!�4�h���
<br /> • not: (a)ooll�ot any monb�payabl�und�r my U�s�more than ons month In advana;(b)mod�N any U�w; lo)usiqn or allow a Ii�n,Ncurity
<br /> Intsnn or oth�r�ncumbnna to be piaad upon G��nror's rlphb,titl�dnd Int�n�t In �nd to�ny Uau ot th�amounb payabN th�nund�r;or(d)
<br /> brminats or canc�i 1�ny Uas�xc�pt for tM nonpaym 1nt of�ny sum or other mettrial bnsch by th�oth�r party th�nto. If Qrantor nceiws at�ny
<br /> Ume any written communicttlon auertin a dsf�uit by Orantar under a Lsaa�or purpo�Unp to»rminats or canc�l�ny L�aa,OnMor�hali promptiy
<br /> � iorw�rd a copy of such communloation �ind any euDs�qu�nt communicatlone nlatinp 1Mr�to�to Und�r. All�uch Uaw�and th�amounts du�to
<br /> prantor th�reundsr�rs hereby asatpned to Lender as addltioml eewritytor the Obllpation�.
<br /> 7. COLLECTION OP INDEBI'EpNEBS FROM 7HIRD PARTY. Lendsr ehall b�sntlti�d to notity or nquin Cirantor to notliy any thlyd puty Qncludin�,
<br /> " but not Ilmited to,I��a�IlwnsNa,powrnm�ntal aulhoritl�s�nd insur�ncs companN�) to pay Lsnd�r any Ind�bt�dnn�or oblipttion owinp to
<br /> Orantor with rsapect to the Property(cumul�tiveiy'indebtedneaa')wh�thsr ar not a d�hult�xisu und�r thle D��d of Truet. Cinntor ahall dillp�nUy
<br /> colieot the Indebtedmss owinp to(inntot from tMae tMrd p�rties untfl th��ivinp ot auch nutiflcation. In th�event that Cirantor poasssa�s or realv�s
<br />- poss�s�ion of�ny InKrummts or oth�r nmlttanaa with nsp�ct w ths Indsbtedn�e�toGOwinp ths yfvine of euch notlfication or If ths Instruma�t�or
<br /> othsr romittanaea constitut�ths qrspayment of�ny ind�bt�dnsai or the paymant of eny ineurance or condsmnaGOn proa�d�,dnntor�hall hold
<br /> " �uch Inmum�nts and other nmittanas In truat for Und�r�part Bom ita other propsrty,s�dorse the Innrum�nts and oth�r rsmittanc�s to l.�nd��,
<br />�,�-' and imm�dlat�ly provids l.md�r with poat�s�ton of the Inatrumsna and other nmlttanaa. Und�r ehall b��ntitl�d,but not nqutnd,to ooll�ot(b)'
<br /> "'''^�a"+�•' lepal proa�dinps or othanvias),�xbnd the tirn�for �yment,eompramise,�xchtnye a relewe any oblipor or colisteral,or otMrwiw Mtll�anY ot
<br /> l_ • � the Indebtedness whether or not an Ev�nt of OrfauP�xiste und�r thla D�ed ot Truat.Lsnd�r shnll not b�Ilable to Orantor for any aetlon, �rror,
<br /> ' misuke,omla�lon or d�lay p�rtaining to th�aotlono d�scrib�tl in thls puagraph or any dunagey rssultlnq th�rsirom. Notwithsrindinp th�lorpotnp,
<br />-r]�� . •+'' nothinp h�nln�h�ll caus�Under to be de�med a mortpa�ee•In-poeseselon,
<br /> '� d. USE ANO WIAIMTENAltCE OF PROPERTY. Grantor �hall Uks ell aotiona and m�lcs my r�palro ne�d�d to malntaln th� Ptopsrty In qood
<br />-i_,. .��'� � condltion. Orantor ahall not oommit or p�mnit�ny wuts to be committed with nap�ct to 1ho Proparhr. Orantor shall ut�th�Prop�rty so1NY�n ,
<br /> � compilana with applicabk taw and Insuuncs poliefes. Onntor ehall not make any alnratiana,addklons or Improvemsnte to the Prop�rry without
<br /> Lender's prlor writtsn cona�nt. Without Iimlttn�th�tonpolnp,all altereUona,addlUona Nd Improv�ments mads to th�Propsrty ahall 1�subj�ot to
<br />- the beneiklsl Intsrest b�longtng to Under,ahall not b�remov�d without Lend�r's prior vnitten conemt,and shali be mads at Grantor'a sole�xp�ne�.
<br /> 9. lOSB OR DAMA(iE. (3rantor shali bear the�Mir�tlak of my loss,thett,destructlon ordam�ps(cumulativety'Loas or Damap�')to th�Prop�rty or
<br /> a
<br /> any ponlon thereof irom any c�ua whatiosv�r, In the swnt of any loes or Otma��,Grantor�hall,at the optlon of I.mder,�ep�lr th�ait�ot�d
<br /> �' •�-- Property to ita prsvioua condltlon or pay or oauae to bs paid ta Lender the deorease In tMfsir mark�t v�lus of ths aff�ct�d Propsrtyr.
<br />-`'"����� - ' 10. IN&URANCE. Th�Prop�rty wtll b�k�pt Inwrod for ib full Insuabl�valu�(rspltarnmt eott)apainst alt h�sards Inoludinp loss a damap�
<br /> oaused by tlood,earthqueks,tornado and tlrs,thett or other cesuelty to the extent requk�d by Lender. Orantor mty obtatn Insunnce on the Propsrty
<br />=J� � - from such companl�s ae�►accePtab��to Unde►In Its sole d�cretbn. The insurana pW�ci�e ahali rsquir�th� Inauranc�company to provid�
<br /> ` .,} �. Lender with at Isast d�ys'wrltten notiee b�tore such pollciss an atterod or caneetled in any mtnn�r. Th�Insurana pollcies shatl
<br /> � namo Lender as a loea payrH and provide th�t no �ct or omtsabn of Orantor o�s�Y other person nhatl aHeot th�flpht of Under to 6�paid th�
<br /> -- x: Ineurance proaeda pertatntnp to the l o a a o r d�map�ot tM Pro pe rt y. In ths svent Orantar fsila to ecquire or malnutn Ineurana, L.�nd�r(afbr
<br /> ,� providinp notic»as may b�nqulred by Itw) m�y In ita discntion procun�pproptlnts Insuranca cavsrafl�upon th�Prop�rty and th�intunna cost
<br /> � � ehall bs an advanoe payable and bea tny Interest as d�scribed In Pare�raph 23 end e�cu�ed hereby. (irantor eheli fumith Lend�r with evidsna of
<br /> Inaurence IndicaUnp the requlred coverap�, Lender may act as attomeyIn•isot tor C3ruitor In ma4lnp and eetttln�cl�lms und�r inaurana policiee,
<br /> � � oanalling any polioy or�ndcreing Orenta's nuns on�ny draft a nspoUabl�InttrumMt dr�wn by any Insuar. I euch insur�na pollcUs 4h�11 b�
<br /> Immedintety aesipned,pledqed and de�Nersd to Lender asturther seourity tor the ObYpationa. In ths event of loaa,OraMor ehdl ImmWiatsly ptw
<br /> ? Lender wrltten notice and Lender le authorized to make proof of loes. Each Ineurance company Ie dirooted to meks paymentn directry to Under
<br /> Inatead of to Lendsr and tirantor. und�r ahiUl have th� rlpht,at Ita eols opUon,ro 4ppIy auch monlss toward th�ObIfBaUont or toward th�cost of
<br /> rebuliding and rsstoring the Prop�rty. My amounts mty at Lend�r's option be epplled In th�Inverae order ot the dus dabs th�rwf. �_
<br /> 11. ZONING AND PRIVATE COVENANTB. Cirantor ahait not iniU�te or coneent to nny ohQnpe in ths=oninp provislons or pr►vate covenants att�ollny
<br /> � the une of the Property wlthout Lender's prior wrkten conseM. M Orantor's uee ot the Property la er becomes a noncontorminp uss under any zoning
<br /> provislon,Orantor ehall not cause or permlt such uae to b�dlacontlnusd or abandaMd wiM►out the prior writtm coment of Lender. Orantor w10
<br /> • Immsdlatsly provid�Lendsr w►th writtsn notice ot any propoasd chanp�e to ths zoning provielonn or privsts covsntnts aHeoNnp thf Prop�rty.
<br /> 12. CONDEMNA^�QN^�3ho Pr�eearai�vl.i AN moelea navabl�e t Gr�entor t om sucn condemnaUo or�takin�Q aro hsrebyssslpned to L�endsr and sh ma� _
<br /> ___,-_--= M.vw v...y p�..�.....�.�"'- '_ L� �� .�i��l tu�l in Mnn�f!}IM W�t}I �N
<br /> applled firet to the payment oi Lender's attorneya' teee, lepet expsnsea eno om�r c�+sio ����V�VV����Oatlona or the rsatorntion or repalr ot tM
<br /> • condemnation or eminent domaln proceedings and then,at the aption ot Lend�r,to th�payment of the �
<br /> Property. -
<br /> 13. LHNDER'S RI(iMT TO COMMENCE OR OEFEND LE�AL ACTIONB. Qrantor ah�ll Immediately provids Lender with writtsn notics of�ny aotu _
<br /> or threatened aotion,suit,or other proceedlny effooting the Property. aranror hereby�ppalnts Lender aa Ite attorneyIn-taot to comm�na,intsrvvn� _
<br /> T � � in,and defend such aoNons,suite,or other Iegal proceedinpa and to compromiee or e�ttie eny cinlm or controveroy pertnlninp thereto. Lender aheY =
<br /> not be Ilable to Orantor for any aotlon,error,miatnke, omisslon or deiay perttlninq N 4he aotions descdbed in thia parayrnph or any damage�
<br /> resulUng there}rom. Nothing contalned herein wlll prevent Lender from takinp the actlons d�soribed In thls parapraph In ita own n�me. --
<br /> 14. INDEMNIFICATION. Lendar shall not asaume or be responelble for the performance of any of t3rentor's obllqatlona wlth napect to the Properry �
<br />- under any clrcumstances. Grantor shaN Immedlatey provlde Lender with written notice of and Indemnity and hold Lender and Ita ahareholdere, �
<br /> direators,oNlcere,employeea and agenle harmleas lrom eli clalms,damagen,ilnbilitlea (Inciuding atFOrneye'feea and lepal expenaea),cauaea M _T
<br /> actlon,actions,sults and other Ieeai proceedlnps (cumulatively"Clalms')pertaintng ro the PropeRy pncluding,but not Ilmited to,thoae i�voivinp �:
<br /> Haxardoua Materlals). Grantor,upon the requeat of Lender,aha�l hiro Iegal counael to dsiend Lender trom suoh Clalms,and pay the attomsys'fe�e, _
<br /> ' Iegai expenaes and other costs incurred In conneetlon therowith. In the altemative.Lender ehat�be enNtled to employ ita own�e�al counael to defend _
<br /> sueh Clalme at Orantor's cost. drantor's obllgation to indemnliy Lender under thls perapreph shall survive the terminatlon,release or forociosure d _
<br /> this Deed of Trust. / •
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