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<br /> . R���c�Rr�c� �- 1(,9�04 ����
<br /> � �oj qp eppi�oebte(aws and tegulatlons,Indu�ng,wfthout iimltrrilon,tho ArnodcanowltN Olo�sbcliqva Aot.42 U.�.���on i�1bt e�i a�eq.(and ail
<br /> , regulaUans ptomutgated thoroundor)and ell zoning and bullding laws and regtitetions roating to th�Proparty by�lrtue ot eny Iedotei,atate or munidpa!
<br /> aulhortry wUh Judsddlon over tha Properiy.presently are and ahaq be obse�vod and wmpllad with In eti rtniodal reapeels.and all dgMa,Iloeme�.
<br /> �• pemite,end oartifleates ot oocupnncy(Inciudn9 but not Umitod to zonfng v�rftmaJS,cpcdal oxxpllana far nancon(otming usoo,nnd Onal krspo�tlon � ,
<br /> spprovals).arhothor tomporsry or�m�enor�t,whlch ere materlal to ihe uc,e cnd oaupancy ol tho Praparly,pror.om�y ere end shail ho obic3ln¢d. �
<br /> prosoHad end,whero rtoaossery.renewed; ••
<br /> (d) Qrentor haa lhe dght and Is duty authoriaod to execute and peAorm be Ol�ABatlons urtder this Coad of Tn��t and those aetlons do not and ehaU not �
<br /> oonfltct wlth IAa provlelons of any ataMe.reguiat�on.ordlnanae,tute ot taw,�'raet�O H�ta���� Y�anding on Grantor at any tirre;
<br /> (e) �to aetton or prooeedfne is or shall b�Pond�9 or throatcn:d�+1Meh�r�t � ,
<br /> (q pramar has not vloisted and sheil not Nolate arty stnNte.regutatlon.adnanoa.ndo of law,oomract or othrr agroemom(Inctuding.but rtot limitad to �
<br /> " thosa g�veming Heterdoua Maledata)which mlgM matedally afteot tha Pro�aerty or Lenders d�ts or knomat in iha Property pursusrrt 10 thla Oeed o�
<br /> Trust.
<br /> :--� 9. PRtOit OEEDS bF TRUST. Cirantor represerrta end wertanis lhat there are�o prtardaeds ot truat aNeWn�any Pa�t ot tho Properiy�apt f truat�hon � ..
<br /> '""'`� cn Soheduia B attac��ed to this Oeed of True1.whloh tirantot e�e�+s topa�and psrtam in e timely m'anaFr, If ifip-a em erry pd
<br /> ��' Grentor a�ees to pay ep arrpums ourod,and pertorm eli obli�atlons requi►e4 ureder such deeda of trust and�he Irtt�,^6lodness cacured therehy and A�nhcr .h-
<br /> �SOr�the��n�tlor�is to whio�h�Lender wo�uid be�8rrtkled i�evem of�y�otlxr d^kiu�lt�.�shatl enUUo lie�iar ta eli dgMa and r�mndfos eoraeinod
<br /> 4 7WANSFERB OF 1HE PRQPERTY OR BENEFIClllL iNTERE8T8 f!i GR��R�ieAdpul�a�A�,or eny�therein�of all nr��r�iy¢�Einefta�a{ -
<br /> � oontrset 10�deed er t�ancter to any persot�ot etl or eny part of tha real propartfl urnNp,tmst.oT �.��
<br /> ' irrterest in Borrower ot Qramor(it Bomcwer or arantor ts�ot a neWrel porsai or p�o�ro but Is a aorpoeaUon.Orcitod Itmmlity ao►nPsnY,partr► „_--
<br /> ' � a h e r�e s a i em�M.Lender may.at fta opllon deotare the outatatidrtg princi bglsnta otthe OhligaUons pus aaruad Irnerest thereon tmmdfetay dio and ;• '•S Y..
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<br /> , PaYa6ie. AtLender's►e9�andtheettemof�e�res�pealveO�A/It6f6hijJkd@T6pl�.tTf116ht3�I8t8St8[8lI19fltSOi@fd$IGit1181101ft88tOddIDldBfi3.mumbers.0i .
<br /> p3iIlI8J8.88 8�(���
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<br /> ; E� pS�Q,`.'C.�..l�T Cr REM'S. In oonstderatton ot th0 Obtig�ions,whtd�ere secured bY this Dead of T�utc.Grantor ebsoluteiy essigt�to LetMer eW �
<br /> Granto�a estate,�tafit,tttie�irrterest.daim end demand now owned or herefatt�aa4dred�i such leila os ansl agreairner►ta whether w�enYor o�el,a�e -_
<br /> extans[ons�reneweTs end suhleases).allagee ments tor use and ocou� the PtaperiY( -__
<br /> • nareseer reteRea co es ma�sasas��end a0�les of tessees'per[amanoe uRder the iaasas.togethrr wlth the inrr�ediate end cominuirtg dglrt to _
<br /> �1i���i�re a11 of the rer�s,incoma.reoe revanues,issues,profns e►id other hr,otre ofac�y nawra na�+r or hereafter c�e qndudng tnaana of
<br /> due dur(ng er�+r�ertpdon po�od}under tha Leases an c�m or adsirtg out ot th��rope tndudtng minimum reMs,�ne�rerne� .2�,:
<br /> • � anU nature comin9 or oortmtan area mair►tenanoe oomdbuttons. tez and Nsu�anoe oort�:�E��s.d rents.Iiquidated�s�f�8
<br /> , , _ �. parsar�te8e rerits.�9 e under en9 Pc1�Y d insuranse aovedng ioss of rerrts resuTtfig trom u e�anteblliry causod by destruqbn a -
<br /> ' r tege
<br /> . tblauft Innny lease�all proeeeds PaYebt aefired trom the
<br /> daRege to thop��y ah pto�eds PaY�e as a result ot a lessee s ezeretso oE an o�tion to pura��so tha Properry.alt Prooeeds
<br /> temirtaUon or re loncf amr Lease in a bankruptcy or other fnsolvenay andall trom anY d�ts end dairre of eny Wnd which ttrenta --
<br /> �. have�st�ylesree under the Leases or enY oauParus ot the rapertY(a1 mffia e are hereaftmr ooUe�ively referted to as ihe'Renta'�This ;-
<br /> � ��p�tTs WbJed to tfis d�t,puwer and authortty glven to the Lenderto eo9aet ar�d ePA�I��e Rents. Th1s asslgnmem is reaorded in a000rdame sviU►
<br /> state Iaw:lha lien aeated by tMs assignrt�xit Is[rrtended ro k�e sPsdflc�perlecied,and choate�upon t�h�e recor�ng of this Qeed of Trust,all ea .�.�� ,v
<br /> �' Nded bY ePP�le�ble state taw es emended irom tirre to time. As long as there is ra defauk under the oCUganons or thts Deed of Teuat.Lender Qants __
<br /> �a In Gramafs 6usfnsss operadons. Howeuer.lender
<br /> . t i r a n t o r a r s�v o e a b l e I l o e n s a t o e d l�t a l I R e n t s t ro m t he Leases arhen due erid to use sueh proeeedc -
<br /> �' may a l a r ry t l m e r e q u i re C i r a n t o r t o d e p o�it all RoMs ir�o an aaoourrt mal�ed by C3rmRor or t s n d e r a t L en d e t's i n s U u rt t o n. U p o n d e 9 a u i t i n t f i a p a}rt n e r R
<br /> . �`: o f.o r m ihe p n r:�r�,anca at,aaY a!lhs 04�l�kng•�!�r mayei Its opitonmico Dossesslon o f t he P r operty an d h e va.h o t d.m a n e 9 e.l e a s e e n d o p e r a t e t h e
<br /> -.-- p►o p a r t y on tems amf tor a{iarttod of t(rtrtsa t1�t Londar�proRec L e n�e► n x a o a e d t o m ll e c t-a n a i r e o eivo e�itm�is ir�rrs ths�xap:ri�,r��less�r
<br /> ar s rty Lender may appiyeii Rents in �_:
<br /> r,�g p tyav e t u 1 1 p o w e r ro rt r a l c e a i t e r a t ions.renavettana�repaira a roplaoer�s�o st�ot��h a�I t e�r a U o n s r�m n w n�o n p s re�p�t r s a n d r e p l a o e m eMs aM!� -
<br /> ., of the ObligaUons or to the F�aYma�t , aub'tha menS and op�r��on of the PropeRy. lender rrey imep -
<br /> . ts�e sole dsaretlor►to payment �of the Properly.pa�t�dcal•Y
<br /> p x p s r�s e s I n a i d e n t t o t e W n B a n d re m i n1ng P�� �g,�s�d a lrr�.�r ro�E o n s w h i c t�rt�y a o a u e. Th e e�e n s e e n d a o s t dthese
<br /> F�aye�ty�Y���and may d i s c#�a r g a anU
<br /> a c�b ns rt e y bop�td hom tl�e Re���oed�s�s cu�red�b Q e e d o!�.ba�.'ded t+a 1he prineipal of ths O b Qgattona These amouma.�wnn
<br /> . oUier oosta.a h a l l beoane peR
<br />- ' - d.LEAS�.S AN�01NER AGREEIAENTS.Qrarrtor ahaH not teke ar tell ta taiae ann�o�th�e Pro�Y�In�a�d�U�G ntor with�out 4etule�a prtor�wriY�ten =�
<br /> " any toaYmern!n eortneaion wtth any lease a aat�ernagreemon►P�eemc�d')�ei �p �• an merrt:(el assign or euaw a _
<br />- , cbr�4ent.shaN not:(a)ootied any rtrmies payab►e u �M�r enY Agc�emant mora ttmn orre momh tn advance:(b)mad�y y Ab� or the amaurts peYabie
<br /> � " Oen,cecurity kRerest or olher enwrtbrariae to be pla�j�n�ert p��rt�r��f at�y sum ortmher m�toT{al bre�ach byA t�he�ther perty Uieneto. If(�anta =
<br /> •� thereunder;ar(�temdnate a eanoel any Agreem�t a defevlt by Grentot WmwdBr en A�eement or Pu�oKin9 to teminate or eanaet any Agreert�eM.
<br /> reaeMea at arry me eeY wiitten aortmunicaUon asseNn9 m��a telaUne ihareto)to Londer. Ail sueh Agaerrxmtis and
<br /> _ .;::�rv` 6renta shall taward a oopy ot euot�oortrwnloatlon(end ery a�qua B
<br />': ffie ar�nunta to(�ettta N�ereunder ere herebY ess�9�ed tolender asad�itbnel seartitY tor the ObUgationa.
<br />`J .'.;: .. 7.COLLECi1�1i CF INDF9TEONE39�7MI�R�D�Aa�nd tnsurartee o�ompenfes)m pay nder enY reindebte�ess a oWigatton awin�g o�wllt►
<br /> iwt IlrnUed to.Iessoes,licensaes�,g o v e m
<br /> ' �,y t p t�p r o p e r t y (a r I a i t i v e N'I n d e b t e d n e s a�whelhe�al not e deiaidt e�sts under iNs Ooed of TNSt Cirentor ahali�gerdly ooGect the
<br /> � ,° •. Indeb[ednersa owing�C3rentor fiwn i h e s e third perties ur�El the glving of axh ra�e a d o n. �ot�such n�oUft�eatlon or it t h01�n �struments�a o U er�n�tanoea
<br /> � ,=�= a n y[r t s W r r t e m s o r o�r r e m i t t e n o e s w t t h r e s p a d w the Indebteet�ess idowtn8 �1 9
<br />_ <, , oon s t i t u t e t h a p r e R a�n e m o f e�1 1 I n d e b t e d n e s s a r��rt�r a r�of e r ry tnaeareeo or co n d e m i s t t an�d s.G r a�ri o r s h a l l h o l d s u c h i n s tr u��w i tl� F
<br /> r e rt i t t a n o e s in trust f o r L�nder epart han tta other endnrse t he Ins�umenta and othar remittemes to L s n d e r.a n d i m n�`e h►�se),axlend the
<br /> o f t h e tr�a tr u m a n t s e n d o�h e r r e n i t t e n o e a. L e n d e r s�i�liat�i a�th�wise s�anlo �of the In�debt�edneas�t h�er ar aai an e v e n t o f d a f e u l i
<br />- . irt�fa PaY����e X 0�9°ar�e l e a s a e n Y o b i i g e r
<br /> -- . e�dsts tridsrthis Ageerriarrt. �����t��is�n�ng���g �8 �here��eause�Lenda��to�be dee�red a -
<br /> ;��.:u�`,,�{�'' P�ePt� « any elart�2ges _
<br />- . ,:..:�:,.;� ��� .�—
<br /> -,•. �`;tS''; ti`USE AND MAINTENANCE OF PROPERTY. Ciremor shaU teke a11 adiaoa er►d m�ke am►repa[rs neeued to mairdeh�tha PropeAy tn good aonc9iton.
<br /> - � Qrar�ta shaU not oonmit or Pem�i1 enY waste to be aarr�rined wlBi respaet to the Pro�rry aramor shali use tha Properly soleiy In oonpiianoa wllh
<br /> " '' ; appitcable taw end insuranoe polutes. Cirarita ehatl not make any attereda�►s,edd0ons-orir�overt�e���sub��tO thenbeneflolal irrterea s�t 6elor��ng -
<br /> � •? oonsem. Vlfithout qrtitln8 t� n9.all alter�ot�s.ad�Wons and i��to the Pr�arty _
<br />- to lender.sh��1�����s������'��be made at Gramnrs soie a�anse. _ -
<br /> '''r�S� �oss or Damage�t0 the P�openy oi er►y
<br /> .,.;�r�rs`.. . �.LASS OA DA/�AAQB Qraetor shall bear U�e emire dsk of mry toss.t1�R.d3stnta�lon ordsmagQ(curtu1mNe�
<br /> � .s:�;;<,x, . tliereof irom arry cause whatsoeirer. In Ne evem of erry Loss or Dernage.Grantor eha�li,at tt►e opUon ot lender,repair the aHeoted Prapsrty to Its --
<br /> . <`�;:';r � or cause to be paid to Lander 4ie deaease in th�ta3r martaotvaiue of ihe eHeded Properry.
<br /> . . �_,?�;.� Prsvtou9oort�511on arPaY __.
<br /> 10. It�9tlRANCE.fie Property wip be kapt insurad tor ite tuil{nnurabtaratue( ment oost)against di hazerda indudng Iosa or dert�ege auser byr =
<br /> ,. nood�earthq�iatce�tomado and ftre.thsft or other casuatq+to the oxteN by Lendor. Grarrtot may obtein tnsuranoe�de Lender�et�of►
<br /> .. " as ere eooaPtebl�to I�ender in Rs sole dsastion.The ineursroe poUdas shall requlre the insuranoe aarpanY I�
<br /> � ,ct'��� �� ere eNered a carioeltod N rtsmer. The Insurer►oe poltdes shaA naTre Lentl�er ee a bss
<br /> i�•..•,_. 30 days wrftten nolloe batora suoh poik6as
<br /> :'�;::`:� : '-WrTe'that no aet or omfssiaf of tiraMoror eny ad�er��11 afl�ctG�e r�t of Ler�der to be paid ffie insurenoe prooeeda Oertainh9 to ihe
<br /> .� t
<br /> . oss at�of tha Prcperht. In thB everrt�rantor fans to ao�u re or meMctaln lnsusnoa,lander(aftar provtding nodae as ba requlred by law)may -
<br /> . f .:�:;:
<br /> in itg�reUan Prooure epPro�u�inscnenoe oover8gauppn the RrapaAy snd tho N�rccico oost shall be an advanoe�e end baarN9 Imerest as :.':-
<br /> . .+.---`'�.,Oe.n..neh?3 s6ow6d t�ef8by.Cit&tltot she9 tutnl6h L:erdes whh�oi insuranoe In&ating the required aoverage. Lendermay aet -
<br /> --- - ��...�. r.,.nwnr��e nsmo en arn draft or
<br /> -_-e- -- gS 8ltofrt6ya11•tflG1(0'►Cif611t0I tfl tit8ltY1�OTtd settllfl8 CIEIfl'L4 utlCer in&S�ae P�i�aa��wm� a:j v—•-••-•----- -
<br /> . ' negoliebla{nSWtrIB(A d'8Wn bY e�N �� a�td dellVered t0 LiBndet 9s(IUt178t
<br /> tnsurer. atsuchtnsuranoepoJaasshall6oUtNmasteNess�ed,�gad�� .
<br /> tor the Obil�tio�s. In ihe event ot loss,C3rant�r ehaU�ro sn�in�itaz�d�c►1an�der e�nd Gra�rrtor�.�l�der sh�havee U�ie rt�aht.�its wie�en�,to�
<br /> inSttren0a oompat�y Is dlte�ed to tilalaa PaSRre drecUfl il o,
<br /> apply such ma►Iss toward the Obiigettons or tcxard the cost of�ebuUsi�g�3nd mataing d�e P�opsrty. My errpunts may et Lendere op�ton bv epplled In
<br /> ihu Irner6e arde►of U►e du�datea thereoi. ,
<br /> � . 11. ZCt111�Ki AND PRNAT'�COV�IANT'9.arentor shaii not taltlete aaonsent to any ohange in the zoning ptovisions or pBvate oovcsr�aMS ffilectin Vte
<br /> ' use ot the ProPeAg mea a nonoo�ortning usa unde� zaiirt
<br /> without tandafe pdor w�tten oonse�t.If C�rantor'e use of the Propeny beco �Y 9�•
<br /> � Qrama shaJ not cause ur permtt sueh use w bo disoonUnuod or ebandamd wiUiaul the pdor written o�seni of Lender. tirarrtor wID imnedat Provlda
<br /> Les�derwith wrFtt�nottoe of arry proposed ehanges to the zantng proviabna or prMatao�venants aftecting ffie P�openy.
<br /> 1Z CONDEI��IA7IGN. Q�a�+tor shali imnsd�tery Fxovtde Lender vrilh wrluen noUoo ot ar�y aelual or threatenad oondam�aUon or em[nerrt domatn
<br /> ��edt�g pertair�n8 to the Properry. Ail monios payahle to Granta fram cuoh oandemnaUon ateidng ere hereby asstgned to Lender and shatl bec�pp1led
<br /> iirst to tho paymar�ot Lsnders mtarteps'tees.Iegai«pensos and otAer oosta(indudtng aPPrelsal fees)in aonnoctla�with the oondamnmlon a eri�[nerrt
<br /> ---__� ��"pr°°��;'-�s�sd ihcrs��Ut3 ep�n ef t_�!?r.to the paymmn ottha Ohll�s ar the restoratlon or repairot ihe Propany
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