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<br /> �F'Z . • • •d G�aMcr h�tRe KgAt and is duty authorhed to exeeute and Pertocm i�Obllgations undor Biia QeedlSi7nisi an�d�5e g�s do not end ; '- � �,
<br /> ,.. '. �el�U not aorrfi'xx,�ith the pravlstana ot any�.�a�o��,Me o1 law.eonUaa a otAer agreement whicA may Co 61nding an : r. ° .
<br /> � . ' -� -- G�ntoretenyttme: . .
<br /> . ' (e) Ko aetion or prooeeding is or shaU be pending or tMoataned whieh mIgAt materlatiy aitect tAe PropsAY.�nd . , �
<br /> • . �1I»d�Na�gw�em�iRq tl�etdehell n��rlal�wt�il��ma�terially aNeC�t tl�ie�Ptopertl►or LBad�8h�Inte�11io�Ptopderty pursuant ' • . '
<br /> �
<br /> tn this DBed of Ttusl. � ;•
<br /> � � ' ' 8, PRIOB OEE03 QF?HUST. Qra�►tor cepresents and wanants that tAere are no ptior deeds ot trust afieeGng any pe�t ot the Proparty wcoopt as set . •
<br /> . �` `` iMA 4n ScheQuta B atffictted to this Oaed o!'ftus4 wnirh f�errtor agreea topay end per[ortn in a timety manner. tl thero are any prior dseQs ot Uust . , ,
<br /> • . fhen Grantnr agreos to pay e11 emaunts owed.and perfortn al!aDtlgations cequGaA.under such deeds af t�ust and tne indeb2ednass sedued thereby r•.
<br /> and turtAer�qress that a defautt u n d e r anq p r l ot d e ed at trust shaU ha a defauit untict UUs t�ed ot 7nrst and shail entiUa LenGer to all dgMs and . �..• .
<br /> ~�.s. , temadIes aorttained heretn or in tAo QEIigaBcns tn whieh Lender wo�dd�e erniUed in the even3 of any othar detauft ; ,
<br /> ' a TRAHSFEHS OF TH�PROP�iTY OR BII�4EERCIAL 111�TERESTS IN G!tlWTOFIS OH BORH019ERS. tn the event of a satg.conveyance.lease. • . �. ..
<br /> fl ,
<br /> _--;.:.--�= eonUaci tar deed or uas�ste►to arry Person of an ar arry part ot the reat property desuihed in Schedute a er any irrterest 1t�arein.or o1 ell or eny
<br /> _ .— bsnafecFal i�srest in Ba:sower or t3.�as�toe(t Hortower or t3ranmr ia not a nalural�r�n�p�s but!s a capatatian,limited IlabiliN eomP�Y. .- ,-,.-- ---_-
<br /> . `��` partn�tshfp�trust.ar ottter tegal e�Y).Lendet may.at tts optlan.declare tne outatanding pdncipal balance o!Ne OWigatons ptus aanisd intarest
<br /> ttteroon immediately due and paya6te.At L,ender�requesl,(irartlor or BortoHret,as tRe cese may h9,shaft tumist�a cmnp[ete stet8ment settirtg tartA
<br /> a11 of its stoNdiotdeis,rrtembers,or partners.es apProA�.�d the extent o!their�espec6��e ownership interesss- • - .
<br /> oNd
<br /> ' S:ASSitiNl�ENT OF EiENTS In considetetion ot tha Ohligati0ns wS�iCh are sedtred by this Deed ot T�usi.Grantor&bsolutell►esstflns W Lender IIU •� '°~'
<br /> � Qiar►OOr's esffite.d9ht,tiUe.irroa+est.ciaim and demand ncw wmed or hereafteracguired in aU axisting and tutr�re teases ot tha Pmpany C�audin9 �,..:�_..
<br /> � e�e�tsIana,renewats and subleases).aU agreemems for use and oxupani7l of tt�e P m A enf►(e�►sueh teasas and aqrearttents wAethet written or ar�. ..,.;,. . .
<br /> ' are heceaRar raterted to as the'Leases�.end al guaranties of tessees'PeAormartoe under the Leases.Qogether with ttte immediate and cominuing .
<br /> � tight to�Yect and reeehro all o!the cents.inmme,receipts,reuenues,is�ues.PmfFb and ott►er income af eny nalws now or heteaRer due(�ndudlrtg '
<br /> ., � . er�y t�come ot arty rtature ooming dua during any redgmption perlod)unQer fhe Leases or from or aris[ng out of the Pra�rty.induding minimum .� �,; .`':..
<br /> . rems,addrttonal rems.percerttags rent4,Partdn9 ar common esaa maintenance coadrihutions.tex and insurance oontribuUons,Qeftcten�y rems. ,�. 4 Y,
<br /> �- . • - liqutdated dama9es fo:�awtng deteutft irt any lease,aU pmcseds payabie undet eny poitcy of insuranee covertng lass ot tents tBSUSUng ttorrt ...r.:r . ,
<br /> - uirtenantability cause0 by des�uc6on er dam�qs ta the Property.aU praceads psyable as a result af a tesseo s a�cerdse oi an opSon to pur�asa tt�e _-
<br /> p�oAe�ty.atl procee6s d a r i Y e d f r om t he t ertninatian.or r e jec�Jon of any Lease in a bantcrupttiy or other insoNertcy praoeeding.and all proceads frocn . ,. :,.-
<br /> } '.� . arry d ts ettd daims af arry tdndv�hidl Qtantor_Yney tia�ta egafnst any iessee under tlie Leases or atry occupants0!the P+aPeKll(aA o t the ahave ere , ,. ` .' --
<br /> • � h e�r c a U e c t i v a t y[eferred m as t ne'i�n�.'i h l s a s s l8 n m e n t i s e u b j e c t to�e�i g h f,P�+and authority 8�n to the tender to coilect and apply , F':
<br /> : ,;,.�., the Rpnt�,Tt�is assignment fs remrded in a�adance wNA eAAticable s�te iavr.tha lien creafled by this a s s ignmen t i s I r rt e n d e d w b e sps�fi c.
<br /> , . . � perfer�ed,and d!oate upan fhe recorQing at�4�eed of TrusK.all as pravided bN eDDAcabie sia�tmer as amended from time ta tlme. As l o n g as �.:.. '�
<br /> ' ' the[e is no dstautt under the Obitgations or Lr s�ed ot Tnut,Lender ts ti�anwr a revoeabie�cense to ooUeet aU f�art�s irom tha Leases when �
<br /> � due and W uses�proceeds in CirartmPs tua�+a�operations. Hovre er,tender may at any tUne�equica(�anmr to deposit eti fteMS irto an � i .. �
<br /> _- acaaurt mairitaine�by Qranmr ar Lender at Eb:ia�a�a irtshtutlon. Up on deta�A!in fne paYment ot.or in tAe peAom�at►oe ot,amr at the ObliSarien9. , .:z,.. -
<br /> ' Lender may ffi its CoHon take possession W�rsl�erty and have,�oid.manage.tease and operate fhe Property on terms end for a petiad of flme - . • _
<br /> `},�:� that tsnder deems proper. Lendet may prdc,�at tb coltect and receive alt Retris irom the proPeriy,and Lender shail ftave tall power to make '; o
<br /> � afterabons,renovations.npatrs or repiacemenis�.sYt►e Praparty as Lender may 0sem proper. LenOer may appty aD Rents in tan�efs sole disaedon ,`, . f. _
<br /> �:� � -. , to payment of the Obiigatlons or to t{1e payment oR1he cast af such alterattons,renavaSans,rep�rs and reptacamerts and a�Jf e��incideirt to _:
<br /> � � , takirtg an4 retaintng possesston ot the Property pedadisalh►end the mana8ement ertd oparatlon ot tlua Pcopeny. Lender may ee tlte PropeRy ' °r,'>_
<br /> •� '. . ,Y`.' P�FedY insmed sad may disct►arge any taxea at�ar9es.�Jaims.asse�r[cents and other liet�s vfiich rr+ay earus. 7ha expense cost of tAese ^_ �` :.
<br /> " - '.,,�, actlans may ba�.d from the F�eats recehred,aa3 any unpaid smounb sha11 be added ta tha pr(ndpal of the ObligaUans. These amounts,tcg�'.er __
<br /> . ;� ,:,. with Otheroos5,s�aA become part o tthe Obli�ens secuted by thLv Oesd of Trust. ��, ;
<br /> ; ' , g, �FeAEg p�aq�1EA pGREEQIlENTS. �anmr sha►1 not take or fatl to tatse arry adion which may muse or�armit tha terminatIon rc�a 3z�-=.f:�_
<br /> :,:;`. .. �, wftMotding of anY paymant in wnnectlan witb anyr Lease pe�inMg to the Pro�erty. On additton.QranUOr.witAout Lsoder's pdor wBrien eonsei►t.s"•ra11 . ..:,
<br /> �;j:;; .. � or a�GCw a iten.sea+�tY L ..
<br /> �4 Yi.•..� .� , '; n o x (a)c o l t e a e n y r m c n i e s p a�a a under a t ry teasa more than one mantA n aQvanca;fbl�itY ar►1►I.ease;(o)assi9n ,
<br /> interest or other enaimbranoes r�7ra placed upao tirantor's dghts,tiUe and interast(n and to Lease or the amounts p a y a b f r�i t fereun dar.o r(d) ��,��.:,. _
<br /> �° � ..!���, te r m i n a t e or cancel erfy teasa esaa�i tar tho nanpayment of any sum or ather materia!brea�s�yr�hg other party the�nta. ff(3FCnor cewives at mry � �.. ;_
<br /> •�`�• ',� time anywrittect communicattor�asserdn e Cafau B b Y(irantor under a Lease or purpoNng m t�:minata or cancel eny Lease.Qranior shafl prompUy ,f,.• ..•
<br /> � .. .� �`�•`�s tonNard a copy�at sueh communlcatWn�u�anysu6sequent communicatlans cdlatlng therebc)to lender. AA sucri Leases and the amounts Que to - ---
<br /> : ,�v:,' G�aMcr tt�ere�er ace heraby as�tgned m La.�deras additional security tot the0tt�.gatians. � •�<<:.' ,_
<br /> � � �:G`ALLECTIOHOFfHDEBTElSk`ESSF7iO3�'fNlfiOFAAT�►• Lendersf�allbee,a�dtonc�[Yarrequtre(iramortonodtyanfrWcd Qnc(uding,
<br /> ��t not Um}ted to,tessaea,iiwnsees,gavemmental autho6�es and insu�aaoe aompanies)�F�Y�nder ar►y indebtedness or abt aUan awtng to 'r��!w�_:,:._3
<br /> . . . G r a n ro o r v ri t h rea pact to tha F r o p e r t�/(cumufativaty'Mdebtednass'►whether a not a defautt e�bss under lhis Deed af Tcust. C�ahbor sheD diligenttS► �,:;�,,;;:. .:�-
<br /> coitect fha tnde0tedness owing to Cirantor trorn these thtrd p a rt ies u m i l t he g i v ing a t su c h n�t i f t c a tl o n. I n t h e e v e n t t h a t Q r a n t m�s s e s o r re c e l v a s , ;�.;.r :,`•.-
<br /> possesislon of mry tnstrumerris or other rem'�anses wtth respect to tha tnde0tadrz�ss toltowtng tha giving of sucl►noUfioaBan oi iE the insuuma.�s ar ..� _
<br /> ! •
<br /> � other remittaneea constiMa the prepayment af any tndebteQrtess or the payma:tt of arry tnsuranea or eo►►demnation proeeeQs.tirantor aha;,ficdd _
<br /> sucA instrumertts end other�emittances In tcust tor Lender apart tram its other piaperry,endcrsa the instruments and other remittences to 4e:�dar. �._;.,,,;.�..: �
<br /> f f .;�, �+ �, and tmmediatety pcovide LeRdar vittri possession of 1he InsUumen�and other remittances. LenQo�ehetl be entitted.b�l not raq�tred.to collect(by -
<br /> ,: t e g a f p r o o e e d(�g s o r o t A e i w l s e),e x D end the time tor pa y ment,corppromJse,exchange or ra3e�sa any oDli g or or cotiateral.or o�hBnrAse settle arry of � ��.
<br />-;?�{r:;.. ' •' tha(ndebtedness whether or not en EveM of 0etau i t exists under this Ceed ot Tast Lerid�r s�U no t b 0 I l a b l e t o G r a n�f a r a n y a c 5 o n,e rt o b P��-�=-,
<br /> -"'°•� .�;;:r: mistahe.omission or detay pariaining to the acHOns described in thls paragrapb or eny Qam2�as wsulUng theretrom. Notwithst�►dinp tha torttgoing, �.--�,.: ,
<br /> ` "•''•;�'�� nothtng�areln ahalt csuse Lender tn 6e desmed a mortgageatn�possession. ,z � �
<br /> �: rs naed�t�maintain the Propeey in good f�-u_.
<br /> . ,1,,:;i�• g Ug8 AH�MNNTEHAHCE OF PAOPER'fY. Grantor ahatt take ail actlons and maks ar•y repaf
<br /> - �� . :?;,{tt' = condJllon. tirantor shall no4 aommll or permit eny waste to 0a oommitoed with wspect to t1e PropeRy. C�a%mr shall use tha Praperty soteiy tn
<br /> ' comptiance with appltcable taw and insurance policiea GraMor ahall not maka any elteratia-n additfone or i�rcvemea�w the Roperly withou3
<br /> ' L2ndet's prior wdtten ccnsartt. Without tlmittng fha toregoing,aU etterations,addWons and'ac�vementa mado to tha RiroF�tyr shall ba subject to
<br />_ ,� � �benaftcial irtterest detonging to Lender,shall not be removed without Lendefa prior wrltten pnsent,and shafl be mado at Gr�ztoYa sote expanse. _-=---
<br />_ . , 9.LOSS OR CA9IIAGE.Oranwr shafi bear tAe en�re risk of any ios9.theft,deswrtton or Qam�qe(cumuiativety'Loss or Dan:�'�to th8 Property or '::t�:.;::y
<br />.�,, .. _ � � eny poNan tr�a�aof irom eny causo vMatsoever. tn the event o}any tos9 ar R�nage,tiranWr shall,at the opUon ot tsnQer.repatr the attecte0 . _
<br /> 1 Propertyta 1ts p:�tous condi8on or pay w cause to be paid to tender the de�.se in tne fatr market vatua ot the�ed Property. {;°_.-" -
<br /> '� ' ' � �`f�! 10. INSURANCE The Property wfll ba kept insured fot tts fuil insurabla w�tcza(rep tacemen t co s t)a Satnst all ha=etds In�Juding loss ar G�aga
<br /> caused by flood,eaMquake,tarnedo and flre,thaft or other casualty to the eMgnt requlred by Lsnder. (irantcr may obtaln insurance on tha Praperty , ,
<br />,��;Iz;',.. ,� �•�.�' irom su o h eompaNes ae are aacep m b fa to Lender in ib sola discreUon. The insuranca poNeles st�all requfra the Insuranoe sacnparyl to provlde • .�
<br /> � - .�'%�1`�`,�. Lender w(tb at least days'wr(tten notice belore sucA pot[cie9 are aitered or cancelted tnar�y manner.The insuranc0 polic�es shatl
<br /> � -•���:? '. nama Lender as e Icss payee and provide that no act ar omisslon of tirantor or any other psrsan ahall aftuct the�lght c7 Lert�er to be p a td the � .• ,•'
<br /> '� � ' �'`i`���:�'�' i n s u r a n c e p r o w e d s p e rt a i n i n g t o t A a t o s s o r d a m age af the Pro pe r t y. tn fha event tiranior fali9 to acquire or maintain insusanee. Lsn Q er(atter , __
<br />= cov(din notiee as ma be re uired b taw)may in ib discre8on procura appra0+�ate insurance cove►age upan tha P r op erty a n d t h a l n s u r a rt s e w s t . � ..t±'^
<br /> ��"�✓�':; ,� shail Ee an aQvance paYahle aand be iyng intefesl as described in Paragraph 23 8nd secured hereby. (�rantor ahall tumisl�lerMet with eviCance of .
<br /> ���'�������'�� insutance indica8ng the requPred coverage. �ender may act as attomeyan�fatt tar Qrantor in making and senting ctaims undps insurnnco pollcles,
<br /> � � � cancetling arty poltcy or enslorstng'(�rantor's name on arry draft or negotiabto Mstrument dra�m by any�nsu�er•At�such insuranca ooliNes shaU be .
<br /> ran
<br /> � � immed�ate{y asslgneQ.ptedged and deiivered to tsnder as turther secnriry tor tho Obligatlons. On tha event of loss.Ofentor shall immadiatety giva •:
<br /> � � lender writton noUcro and Lander Is authorized to mako proof ol loss. Each insurance company is directed to make paymenb diroctty to Lendar �•
<br /> ' • � instesd of tn tender and tirantor. Lender shail have tha dght,at its sote opLCn,to app!y such monies tavrarA the Obtigattans or tavraca the cost o1 �
<br /> � re6uilding af�d rostoring the Property.My amaw►ts may at tander's optlon haa�pfled in the imrersa order of thedue dates fhareo}. :
<br /> - � ' • ' 11. ZONIHO AND PRtVATE COYENANTS. �rantor shall not tnlUate or consens toar�y chango in ths soning provistana or private oovename aHocting
<br /> � the use ol ths Praperty without LendePe prlor vaitten aonsent fl GrantoPs usa of the Properf�r 19 or becomes a noncoMorming uso undat eny:oning ..
<br /> pravlslon,Cuantor sitall not caese or pormlt suoh use to be disconUnued or abandoned wlthout tha p8or written oonsent of t,anQet. �iranmr wI0 .
<br /> � Immedlamty provida Lender with vnitten notice o!any proposed changes to tha soning p�ovlsiona or prtvate eavenanfa aHecUng the Wopeity. ,
<br />- ' � 12 CONDEiNNA110N.Grantor sha11 immediatety provlde tsnder witA written nWlce of arry acNal or threatened condemnatlon or eminent domaln
<br /> ��: • prot¢eding pertaMing to the Property. Atl monles payahle to C;ranmr hom sud�condemnatlon or taking are herobyE assigned to Lender ana shall Ae
<br /> - appUed first to the payment of Lender s attorneys' tee9, fegal expenses and other caste Qnctuding appralsal teas)in eonnection wttb tUa
<br /> ,�' ` . oondemnaUon or eminent dcmain pcoceedings and Ufen,at tho opUon o1 Lender,to the payment o!the Obfiga4ons ot the reatoratlon or repair of the , ;�
<br /> � �o�m ;.;�';:
<br /> '� 18. LENDER'S RIGNT TO COt�aflF.NCE OR OEFENO LEt�AI.ACTtOH& arantor shall immediatety prwlda Isndet wlth vnitten noflc�ot arry actual . .
<br />°�'•�: . or throataned actlon,suit,or other praceeding aNecUng tha Ptoperty. tirsntor hecoby appolnts lender as its attomeydalam to aommenee,Ir►tervene
<br />-_`:�� �� � in,and detend such ectlons,suils,or other tagal pra�edings and to comprom�e or sett(e any dairs�o�controversy pertalNng thereto. tsnder shaU � .
<br /> • no!6e liabte W(irantor for any aetlon,ettor,miststce,omisslon or Qetay permining to the actions descdbed In this paragrapb ot any dam8ge9 r '•
<br /> - ' resuftinp trtere'ram. (Yalhlrtg corttalned hereln w(U prevent Lender from taking the actions descrlbed in thle paregraph in Its ovm name. .
<br />- � •� ta. IN�Eb7HIFlCATtON. Leader shall no!assume or be responsibte fm the pertormance ot eny ot Granror's obligaUons wtth respect to the Proparty
<br /> ' unQer eny circumstar►ces. Grantor ahatl immediatety provlde tender with wfltten noUce a1 and Indemntty and hotd Lendai end its shereholdere,
<br />- � . , directore,officere,emptoyees and agents hatmtess irom all ctalm9,damages. Uabttitles(nctuNng attomeys'toes and tegal expenses),causes ot ,
<br /> action,actians,sults and other legal prooeediegs(cumNattvety'Ctaims�pertaining to the RtopaRy pncluding,but not limttad to,tttase irnroMng ,
<br /> ` Hazatdous Materials). (�rantor,upon the requeat o1 Lendar,shall hire legal caunsel to detend 4mdor irom such qaima,and pay the attomeys'tees, - ,
<br /> : - _--�--�=_.-�.-_- {sg�a�r�aud olrier coslqlnc�ured In connecHon therevAth.6n ths eltemative.Lender shatl b0 entiUod to emptey Ns own legal eounsel to detend �
<br /> � " sucA qalms at(irentor's cas�•Qrantor's obfig�tion to i�demnity Lender undet tAis paragraph shatl suMvo tne torminatton,refesse or foredosure ol ,
<br /> this�ood of Tnut ) .
<br />:- i�:,:'. • .. 1P11�9118 O FomWionTeMnaROglaf,lnc.1»/S/�7(80C19C17•3789 Pag�2a18�— .,� ,
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