�� __.. ._.._ _ _ � _.� .:.�
<br /> - �.W����'��,��F-�^,� •• I r.1,j.. --r-_ �. ,..
<br /> n;.�+1Ni l,!:x �1.�t'�':!.?�':;.'.i� i{7�r.,�1::•. �� ' . , ..� �.
<br /> . . . ,.ty,:y.� , :ir... :i.t ���iy „ .. .'t��,:-
<br /> ��
<br /> S+AiF „
<br /> -.r,.;�tr
<br /> - ._ . _...-— — ---- - - -- � -
<br /> _..- �---- �--- - .
<br /> _ �; - ...� ._ . ._ . .
<br /> ,__ . ��� -�C - -_. . _. _ .. _ .
<br /> � -'-----.__....._...._-...._-'^-- • . .,. �_...�.,�.
<br /> - -- �- - . ._..- -•_ '------- '-'-' 'r+�..Kei
<br /> '(o) All appU�abla laws and regutatlona,�natuang,wnno,n aMta�io�, tn�amer�cang wnn oisewintes a�►,42 U.S.C.Sec�lon 12101 et seq. (pnd all
<br /> regdrsUans promulgatod thereundor)and all soNrtg and build�ng lawa and reguletiona rotating ta the Property by viRue oi any loderel,stato ar rtuNdpal
<br /> � eu(hodty,whfi}�ri��ctlon over the Properry,presc►mty aro end shell be obsenred and aompliod with In aIi m�tedal respecle,and aU rtgrlls,lioens�
<br /> pertn4is,and cardlioatss ot oaupenoy pndud{rtg bui not Amlted to ton►ng verlartcos,�pectat oxoeptlons lor nonwnfom�ing uaoa,nnd tln�i Inapoct
<br /> �rw�is)..rla�ther tenporrary ar p�'mran�rd.Yrhich ero rr�torlel to tho u�r and ooeueancy of tho Proporiy,pnosomly aro and shait bo obtnin�
<br /> posQrved end whero necossery.mrtnwad,
<br /> • (�Cir�MOt has the eight and Ia cLdy aulhorizad ta oxcscute end podo�m fta Obtigattons undor thls Oc�d ot Trusi and lhoso aclfona do no1 nnd ehell no�
<br /> . � canfliet with iho provistons of tiny atatuto,roguiation.ardinet�ca.tulo 04 I�w,comracl or othor agroortnnt which may�o dn�itng on arartlor at eny tim�: •
<br /> (e)No aetton a proeeedng Ia or shalt bo pendng ar threatened wNch rtigM materlaly attect tha Property;and
<br /> tho`e gov�amfng Mazard�ous Mater�laa)�wtldch�mfgtn rr►aterlaUy eftect�tPie Pro�perty oNLeader's dgh c�intoro.^.i In�P�pt.�.ny p�urs ant to VUS�Ooed�o
<br /> + T�►�. O ,.
<br /> �-� � 9. PRtOA OEE03 OF TRUST. drama rapaspnts and wartama that there ero no prfor deeda of 1rus1 a8ecting any part of the Properiy exeept as set foAh
<br /> ;„-,,;;a.�; on Sohedule B attaohed to thia Deed of Trust,wNch(irantor agraes to pay and pedorm In a tlmey mannar. It there ere any prfor deeda of uusl then
<br /> ,,,�. Qranto►e�ees to pay all artnunte owed,and pertorm ell cdigations requlreu,under such deeds of ttusl and the Indebte�eas seeured thereby end further
<br /> egrees tnffi a detauft under any prlor d9ed of trust ahail be a detauft undet this Oeed of Trus1 and shall errtrite Lemter to aq�ights and remedles conteinod ;
<br /> heraln or tn th0 Obligations to whtd�Lender wcutd be ent(Ued tn tho evertt of eny other defauR.
<br /> 4. TRAN8FERti tIF tttE PROPEFtTY OA BENEFtCiAL tNT�RRSTS IN QRANYORB OR BOAHGWE88. In Ure euent of a sale.aonveyance.Iease. ..�
<br /> oor►traet tor deed w transfer to any peraon at a0 a any pari of th�real properiy desaibed in Sohedute A,or any interest therein,or ot all or any beneftdal :,.�.
<br /> � tntE3rest in Horrowar or Qrantar(if Bortower or Cirent4r is not a natural n or porsons but Is a carporaUon.Iimited Qa�liry cortpany,partrtereMp,trust,or _
<br /> omer tegai emny).lender may.at Ns optlon dedare the outstandn8 Rctpal balance of the Obligetlana ptus aectued(rrterest ihe►eon Irrtrediatety dua end
<br /> payable. At L.e�deYs►equest.tirentot or Barower,as tha case rrny be,shall fumish a oomplote atatemert setting taAh eil of its stacld�otders,members.or �_
<br /> paztr�ers.as epproprlate.and the eztem of thutr respeetNe ovmership hrterests. ',.,�. •
<br /> � 8 ASStGN�LEM aF RENTS� In constderation of the Ohtigatfons,whieh are secured by thfs Oeed ot Trust.GraMOr absolutety assl�s to Lender ell = _
<br /> • i, Grantor's eatate,d t.Utle.trterest,datm artd demand now owned or hereafter aoqufred in eil axistirtg and(uture leasea ot the Property pndu�6ng =
<br /> e�densions,renew�ettd eubteaseu),ali rnoMc!or�a and eaupartry of tho Progarty(a!!such teases end a�reoments whether w�liten or oral,are -
<br /> hereaftev refermd to as lhe'Leases�,art allg�era�1es of lessees'perfom�anee unde►the Leases,together wNh the Urcnedate ertd oominuing dgM to =___
<br /> � colleq and reoeive ali of t!re renta,inoom�.tece►ps �evenues.issuea,proflts and other fnaoma of nmuro now or hereatter due(indudng inoorre of --
<br /> erry nature aomtng cWe�utng any redertpdon pe�orq under ttre Leusc3s or from ar aristng out of�e PropertS�induding minimim rerrts,�onai reMs, ��
<br /> pereentage certis.paAdnB or oortmu►erea matmenanoe aorttri6uUons.mx and tnsuranee aortribudons.deficEency rents. liquidated�ar��es Sollowing i;,"_�
<br /> . �, detauft inar►y Leasa.efl proceeds payabie urtder eny pcAtcy of insurance oo�rertng bss of rents resuitkig irom urrcenamabildy caused by _destniction or
<br /> darrnge to the Property,ell prooeeds paya6te as a resuR of a Iessee's exerdse of an op8on to purd�ase the Propeny. atl proateds aertved iram the _
<br /> � temtnatfon a reJectton of eny Lease In a banl�upt�y or mher trr3olvencY P►ooee�8.and aIi hom eny dghts anddatms ot arty Mnd which Grentor `,
<br /> trr oiv
<br /> er, have agatnst atry lesaee under ttre Leasea or arty oxu�nis of the Properry(a�t ot the vo sre hereafu�r coNectNely referred to as the'ReMS�. 1'his
<br /> �ss,�t�s subjaet to tlre�l�t.pavar and eulhorityr gPuen ta tha lEndeno colteet and appiY the Rerrts. This essig�ment is rueo�d in socordance with �:
<br /> slnte taw;the Iten created by this assig�merA is ir�enQed to be apedRR per(ected,and choffie upon the reoording of this Qeed of Trust,all as
<br />-.:�.;,:.�.�.:t;.,,(, eao�vided Yey applteable siate!aw es ertiert�ad from tirre to Urtie. As Ion as thero is no detault uttder the Qbiigmlons or this Deed of Trust.lendar grants �;
<br /> a
<br /> QraMOr a t�evor�e Ifmrr�e to coAed all Rents from ihe t,eases wfien and to use such procc�ds in QraritoYe hush�ess eperstlons. Hrnrever.Lender �,_ s
<br /> �:':`,,;4,;,� . may et ariy tima require Cirantor to depo��tt aU Rems i�o an aaoourtt maEnmined by Cirantor or Lende►et l�ander's InstitWon. Upon detault in the paymynt �
<br />- ' �`. � of.a In tha pertomance of.eny af the 0611gatlons,Lender may at Rs opttan mke possesston ot the Propeny end have.hold.�9a,Iease and operate the �
<br /> •'• Property on temB and tor a period of thr�thaz t ertder deerre proper. Lender rtey pr�ooeed to coUact ertd reoetve atl Fients irom the ProPerty end Lerrder =
<br /> - --- 6h81)ABVB Nll pOMl6r IO fI�N�0It8f8ttOns.feDCV611ons.t8QHt16 w repia0emanis i�uia r�u�iy 8's iCr-h'�i�s3y '42Efi�. Lt�''soT �jt�3!�k1 � __
<br /> •';,;i;,.�., ' i.�ett�s sob di�►etton to paymertt oF the ObOigatlons or to the paymem of the oost of such eltermfons,r+eno�ratlons,repaira artd r�ments end eny -
<br /> + r:'..:`�::� expenses inddam to teldng end retairdng possasstnn of the Properiy pertodically and the man a g e rt i em and a p o r a lien of the Property. LterMer may 'K�t h e =
<br /> ''�.''+.'.••�,� Property�qpa�ly insured and may e 1 s e harga�ny taxes.charges d a i m s.�sessmems an d o t her Bens w h i e h rr�y a4crue. Th e e x p e n s o e r�d c o s t o f
<br />_ �ti,;l�;`.' ee�ians may 6epatd from the Rerrts recehred.and arry unpaid arrowts shaA Oe added to the pdnctpai of the Obligatfons. These amoimts,togathar with
<br /> • other oosts.sAal1 Yeootr�e part of the abligations seatred by thls Oeed of Tnist. .
<br /> ,�. .;`:.
<br /> � &:I.FA3E3 AND OS11ER AQREQAEI�1i3.Qr�aedor shall not take or teil to take arry aaion which may cause or pemit ffie termina�Han orthe w�llehq'.�rtg ot
<br />�- . . 9 ahy paymgru In oonnection wld�any lease ar other agreer�rtt("AgreemenP)pertainin8 to the PropeAy. In ad�itton Granwr,wdhout LendeYs prt,qr walten -
<br /> aonsent.shalf nat:(a)ooUed any manles payabie unde�r any Ageemant more than one morrth in edvanee:(b)rtad�y anY�ge�r�em:(o)assigt a aUovi a
<br /> . :.'�;`,•y-., � pen,cewr'rry irrterest or other enalrt�bcance to 4e paosd upon Qrentars rt�ta,Utle artd irrterest in end to any Age�mant or the artpurrts paye6le
<br /> thereunder,a(d�mrtntnate or caneel flny+Agreemerrt exoept tor ther�mpayme�rt ot erry s�un or olher materib!Ixeaoh by the otl�er pany thereto. tt Grmrtar
<br /> � ,, reoehres at erry drne erry written oormiutdCallon assettlng a detautt by[3rerrtor widar an AgzerteM or purpating�teminate or canoel anyq�rt�e�t,
<br /> . ; Grantor shallpromp�y tawmd a copy of sudf camunir.�tlon(and arry s�equert aomrunications releting ihereto)to Lertdec Ail suah Agreeme- Ma end
<br />- ._«...=.: ttte arronnts dua to Qrerrto►thaieunder ere hereby assignedto Lender es ad�donat seau[ty for the Obligattons. �
<br /> -�-w•,
<br />".�����'�;�� '' 7. COLLECTION OF iNDEBYEDNE83 FRQ�fI 7HIR0 PAR7Y. Letber shall be endtied to nodfy or requ[re Gretuor to n mry third paAy(tndudrtg,but
<br /> ':'.������'��� i not itrttted to.tessees.lioensees.govemment8�aul�o�lles and insuwnoe oort�anles)to pay Lender any indeb4ednass a�o�if�ton ov�ing to Qrorrtor wlth
<br /> �„�';',•s`."' : h7 rezpeG to the PtopeAy(curtulaW�r 9ndeDtednass�whether or not a detault exlats under this Deed of Tnrst. tiretrta shall t�ligenUy oolieet ihe
<br />--'ti: i �;;�� i, Indo6tedness owfng to Cirentor irom thes�third partiea urrtG ihe ghdrg ot such rwHftcatlon. In the sverrt that Qramor Poscessas vl tQOehras possesston of --
<br /> • - ar�y in�s a ather rerttttanoes with rarped to ihe Ind9bledrtesa fdlowing the ghdng of stsoh notifiaatlon or if ihe tnsLwnnnis cr oth�remlttances
<br /> ' aonatllute ihe prepay�t of arry Indabteat�ess or ttre payrt�er►t ofarryInsuranos or aondecmattnn prooeeds.tirantor shaY hoid aaoh 3nstnxneMs and ather _
<br /> . � rert�ttances in trust for lsnder apart irom tis other P�oPenY.endors�the Insnurt�rrts and otlier rer►ltmr►oes to Lendar.and irnrn�8atary pro�Ade l.erder wHh —
<br />_�..� .• possess3en Cf tha(rtstrumarrts and othar ramittanoea Lembr sheil be enSUed but not re¢ihed,to aoliect(bY�egal ProoeecGngs ar otherwise)�extead the =
<br />= time for payment,oortp�orrfse.exchange or release eny obii8or a ao0aterat.m o�herwise setUe any of�the Indebtedness whether or not sn evem of defauft
<br />-; .. exEsta underthts Agreert�er►L Lender sha9 not�a Na6ie to C3rantor far er►y eeSion,ertor.rtistdiw.vm�ssion or deia�y ertatNng to the aa[o�s�saibed in this
<br />-.- * paraArapry cr eny darteges res�Ring 4terefrom Notwithstan3ng the for+agdn� no8thtg htx�fn � cause lsnder to 6e dauned a _
<br /> �y'�.. tr�ortgagee-in-possession. _
<br /> 1��;�«,. .. 4 USE AND MAlNTENAtiCE OF PROP�R?Y.Grantor shaA take ail acvora and ntake srry� needed to matrAain the Propeny tn good oondUon. .
<br /> ,�':��"��.'; . Grentor chal not aortmit a pemit arry waafm to be wmrttted wtih respza to the P�ope�y �rtar st�ll use ihe PropeAyhsotaiy tn cnrrpD�noa_wtth . _
<br />=i:�'��```�'•�' law end insuranoe k[es. Grantor shatl not makearry altera9orts�addtioea or 1rtprovertiarrts to.thn ProperCy wh out lertders prior v,rritten —
<br /> •�-.�t t`��� �� �WMout Iirtitlng the��po�ng,aIi alleratlons,a�fUons and U�ro��esnents made to tha Pn'eny sltia.9 t�e subjeet ro the benoftdat iniee�al bebnging -
<br /> �� to lender shall not be rernovw wlthout Len�'s pr[or w�ftten oonseM,ertd ahaU be made at ciranta's so►e e�enra. -
<br /> � 9. LOSS OR DAMAQE Grantor shaU bearU�e e�e rislc ot arry Ioss.Uteft,dsstr¢Won or dzrtage(aimilativery'loss ar D q to ths Propeity or amr �_ -
<br /> porUon Uiereot fram emt eeuse whatsoever.In ttre evert of any Loas or Damage.Grar�sfiat{�at the optton of Lender,��m affected Prop�ly ta Its
<br /> . previcus eondtian or pay or eause to 6e pafd ro Lenderthe deaease h the fair ma�mi va1xa of the ef[eGed Prc�peAy.
<br /> ��:.-.
<br /> ta A�AI�ICE lhs Property wUl he I�pt Insured t�x Its tull Inswabie value{ M wst)egeinst all haterds irtdu�ng loss or demag�sausedby �;�=.
<br /> flood,eartl�quake,tomado and ftro.Qreft or other carrialty to the etterrt�tf .�tmTder. Cirarrtor may obteln insuxartae on 1he Property itom sucf� �`"-_
<br />_ oompanles as are acoapte6ie to Lertdar in its sole�8saotfon. The In�ce pciiees shz7 ro�tito the fnsurartae oortparry to provide Lendef w�ft et least
<br /> 30 wtittc;n na2lae before suoh polletes ere altered orearteaned in rrennec 7Ae Er�suranoe polldes sheli nama lender as a Ioss �.""
<br /> rf
<br /> pa rto aat or omEsston ot Grerrtor a any atherperson shaU afCeA�e rf ot isnder to be paid tha inaurance proeeeds pertafntng to the �`.
<br /> ioss�the Properiy. in the event Qrantor fails to aoquire or rreUrtatn insurence.lander(after provkIIrg notioe asrtey 6e requiredby law)rtny �..};,
<br /> In fts dsaeBat�prowre¢�p�p�ia1e insurenoe eoveraga upon tlie P�apetry and the tnsuranee oost ahall be an edvance payabie and bearirtg Irrte�est as
<br /> �, . desaibed in P paragaph 23 end seaired herehy tirarrior shati fumish Lender wtth ovidsnoe af insuranoe inffir.aUng the requir�sd ooverage. Londsr rt�y aet '
<br /> ' es attomey,-in-taet[at Cirarrta In maWng and s�eltlU�g d�airte�under_Inw��po�ide��eanoelw�erry•poi��,.a�rs�G��mair�na�me�n��aft�
<br /> -.---____ (IB�Q�O IfROt7ROtn ttaw0�my nw�am.e�o ar�a�u.oa.rv � ��---p---.r-v-�-'_�--""__'"_"'_"_'_"_'"�^� -..-.
<br /> tor the Gbiigazions. In the event ot bss.Cirantor shall Immo ffi�gfve lender written nmioe end Lender is euUtorized to make proot at bss. F.ach
<br /> Insuranoa ooRpeny is�rected to rroke payments d►edl�►to Lender Inscead of to I.ender and Cirantoc Lender sha(1 have tl�e rtaht,m fts sote optlon,to
<br /> - appi�r such rtanbs taward tAe ObIlgaUons a toward the ooat of tebt�ng and wstadrtg the Property. My amouMS rtap at lsrtdsrs optlon be apptea�n
<br /> Ne Inverce order of the die dates theroof.
<br /> 9 t.ZGNINO Al�ID PRIVATE COYENAN'f8. t3rantcr shail rtot tnitiate er ca►sent to sny chenge tn the zon3ng provistans or private aavanar�ts afteatirtg the ,
<br /> � use oi the Property arttnoul LendttYe prtor rrrltten oo�ent It titama's use of ihe Properiy beoomes a nortooMom�tng uss under any zantngRa vislon.
<br /> (irantor eAail mt eause or pertNt sucA use to be dtsoontirtued or ebandorted without the prior wdtten eonseM uf Lendec Grantor wtll irtrrKe�ate yt �►ovide
<br /> Lender with written notta�of any poPosed changes to the zoning pravisEons a pNate covenants aitectir�g the Property.
<br /> 12 CONDEM�lAitQW. Cirantar shali imrediatety povtde Lender with wrtttcn noUoe ot any sctuai or Nreatened aondermatton or eminerrt domain
<br /> �r�g peAainirtg to tho Proporiy.Atl rtnnles paya6le to Qrantor from eaoh oondertnation or taMng ere hareby assfgned to ler�der and shail be aaalled
<br /> J rst to Uie payrrem of Lendefs attomoys'fees.tegal expenses and mher aoats(Ittefuding appraisat tees)In oonnoettan wrih 1ha oondermation or emtrterrt
<br /> dorraln prooeedngs end tRen,ut tho optior+at lsnder,to tha paymerrt ot Me Obilgatlons or tho restoraUon ar repaU ot the Property. _
<br /> - '�....-7 L..._---
<br /> NED01H Rw.29) Pupa2dtl ,
<br /> �: „�
<br /> 4.
<br />
|