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_ �r�!i ,.�.� �,..,.� sl ��, .���r en�s�r':�'�-�.,.,•„ :•;� .:;�.-..�� �,. -
<br /> � - ,a.r, �yy� w r. tiwSi.+d.K,�r-a,�.�.�d rtyr��y.�-+.x x
<br /> ---..� `(�..Si�����1�'�-�l�i:�-'�o►AFAR�- "!�'IS'�y'� �.'�.r.Ai.i-Y,.!' _ _- � =--
<br /> T, PaynNna ol MawAt�ah+�a. 7'iuifor eha!l promptly pay ar cfluae fo bs paid when due the Oblipa�/ons nnd nll other indab�odnoss. Tha � �
<br /> Truatal�hi//a/so prompfJy�nd/�I1h/ully oba�rvs+�l oI J►s ob�IpnUons under any other deed o!Irust encumbering all a part of the Trusr
<br /> Pin/�e�ty+nd,ll�ppNcable,+nV pramlaaory nofe,puu�nty,or othii fsim 01 Conb�c►us/Indebtedness secured by auch othei deed of fnrsL
<br /> wh�fl�er/un/pr or a�nlor to th�!!sn o!tA/�D��d ol Tiva�,ind�ny o►h�r oDllp�lions ancurad by a Ilen on►he�rust P�operfy, whefher arlsing
<br /> conssnauU/y or by op�nr/on al/�w.
<br /> 3. Con�trvcUon o/hnproMwr►Ntn• Truttor ahal/compl�t�!n pnod ind workmm/ik�mann�r sny Dui/dlnya,Impravemsnt�or rspNrs rel�t/np —
<br /> therefo whlch m�y 6�b�pun on th�Trwt Prop�ity or eont�mpl�fral by fho Ob�'patlons s�cuied h�reby,fo p�y when due+U coafs snd
<br /> l/�bll�tl�s Incu�nd ehanlor,+nd no►to porm/t+n y conaf�uctlon ll�n�y�lnet s�ch Tiust A•uperf y. �n the event consfiuct/on ol bvilding�, —
<br /> lmprovem�nl�or r�pA/ro an cont�mp/�fM, Truatoi i/ro 1rprNt,�nythlnyln tAi�O�ed ol Tivat fo rhs contrary nofwl�hs�andlny; l�l�o
<br /> prom�rly commenu any such wo�k and to compNfa th�propoa�d Jmprov�mmta prampfly, (bJ ro comp/eta fhe same In accordence wlfh tha
<br /> pl�ns and apscll/catlons���pprov�d by Ban�Ncl�ry,Icl to comply wi�h dl th�fsrms o�a build�n(�loan�pr�emrnf,1/�ny,betwsm Tiustor
<br /> ir�d Ben�fici�ry, tA�f�rms ol wh/ch�n lncorpor�t�d h�r�ln hy nl�ronc�ind mad��p�rt htr�ol Idl ro sllow BenNicl�ry fa lirspect the Tiust
<br /> Props�rv�r all rlmes durl�rp constructlon,�nd lel to iepl�cs aiy work ur m�ted�/s uns�tls/aCtory to Bene/fc/iry wirhln/ilteen 11 bl doys affer
<br /> w�lr�sn nofie�Irom B�n+l�cl�ry ol euch l�ct.
<br /> 4, Fi�nrh linr P�ym�nf ol CMrpr�i.!/nqussted at any t/me or fiom f/ma to fims by the Bsnellc/iry, Trusfo►shill pi y fo 9ene/iclery on the
<br /> � lirsf d�y oI��ch month,oi tuch ofh�i d1u e�ch mon�h+s may 6r apsc�6�d by B�ne/iclwry,un�i!the Ob.'Ipaflon�s�o p�ld!n lu!/,a sum - -
<br /> In�r�ln�frnr rhe 'Funds'I Mu�/to f/12�h o/�hs y��rly f�xa�nd�ta�asm�nn wAlcA msy�tt�ln pr/orlry ove�thls Deed ol Trusl�nd y�ound
<br /> rsnts on the Trusr Moparty,!l+ny,plus 1/12th nl ths y��Hy premlum Inr►�//mrnts lor hez+rdlnlur�nc�, .Mus 1/( �Yyif P�emium
<br /> � inal+l/m�n►s for mortp�pe lnsur�nce,I/�n y,a!I is rs�son�b/y est/ma�ed initially and/iom t/m�to rlm�t•�S2rre 6�#ol �
<br /> �ss�ssm�nts and b!lIS and rouso�+�b���stlm�►�s►h�no/. The Fundt shall b�Mld!n�n lnst/futlon,th�depc�%is or+ccounta ol wh�th ue
<br /> lnsured or yuu�nfexi by a�edArel or at�ts�ysnc y fncludinp 9sne0cl�ry. Bsndic%ry sh�ll�pply ths funds t0 p�y s�ld f�xes,�ssessments,
<br /> � lnsurancs prem/ums and piound ronn.B�n�/kliry shsll not bA nqwiK/to p�y Tiustor any in�N�tt or e�rnlnps on the fi,�r�rh�.8enefici�ry shal/
<br /> � �ive to Trutta, w/fhout charps, m annu�/accounf!np o!tAs Funds ahowlnu credlta�nd deblts to the Funds and the p:er�nse for which each
<br /> deblt►o rhe Fi,nds wes m�ds. Th�Funds+�n pl�dpM u additlonN�saudty lc�fhs Obl!p�Nons secumd by thie Deed of Trust./,t rhe�mounr
<br /> ol►hs fLnds held by BsneNclary,topsrh�r with tA�lururo monthly insrallm�nta ol funds pay�bla pria ro rhe dua dates oJ roxes,
<br /> �� araesam�nta,lnsunne�pnrrrlumi and pround rM�s,sAil!�xc�sd tM�mount nqulr�d to pay sdd tax�s,ass�ssm�nts, lnsunnce pramlums
<br /> �nd ground r�nty is th�y/�ll due,auch�xc�as shMl b�.�f Tiustor's npffon, Nfhei promptfy np�id to Truator or credited to Trustor againsr
<br /> future montNy lnst+Nmsnta nf Funda.If�hs�mount o!the Funds held by BRneliclary sA�l!not be su//'k/en�ta pay t�xes,assessments.
<br /> Insurence prNnlums and pround ronts�s ther/�ll dw, Tiustor shNl p�y fo Bensfici�ry eny�mount necrssary►o mske sp the dal/c/ency
<br /> wlthin�hirty d�ys Irom tha d�te notic�la ms�lsd 6y BsneNcinry to Tiustor requesfln paym�nf tMreol.Upon payment in full o/ill
<br /> ObNpallons,Benelklary dh�ll prompt/y ro/und tc Tiustor sny Funds hs/d by B�nslicPry.!1 ths Trust Propeny!s sold�xx�t+r the power o/sa/e
<br /> or ths Trust PropsrtY�s o�h�rwis��cpu/rod by Ben�lYci�ry,Bsne/iciary sh�//appty,lmmsdiafeN pNor to fhe ssls of ths 7rusf Proparty or i�s
<br /> icquisltiae by B�nslici�ry,any f'unds A�Id by Benellei�ry�t the f/m�of�,op/lnt7on+s a crsdit ay�inst tha OWipetions.!1 Bene/ici�ry exacutes
<br /> e writ�en walver o�7iustor s oblly�tJons under this Sectlan. Tiustor eo►+es»nle and synes to peY, bsforo dhe seme bxr.ome de/inpuent,all
<br /> texes,+ssessmsnts,inau.�ncs promlums,grovnd ronts,ind�ll other ch���s whstsoevsr levied upan or assessad,pfaacd or mede egeinst
<br /> fhe Tru�f PiopsrtY. Tiustor/u��ht�ay�NS,upon w�ftf�n raQuest by Bens�iclary, to prornpNy dsliver to 6�ene/ic/sry aAreeelpts fo�ths p�ynxnf
<br /> o!such ChsrQes. Trusror Fkowis��Diefs t0 pny a!!tax�s,ussssm�nts�nd athsr ch�ryss/evlsd upon or asssss�d,p/aced or mide iyUnsr,
<br /> or meisur�e�d by, th/s Deed o/Tiutt or the ncord�Non Mroof.
<br /> b. App+lcifkn o/��ym+nM.AI!p�ym�nt�nesived by Benelici�ry+s to�nydsbt,llabflity or od4yatlon owed to Beneficiiry by Trusfor m�y
<br /> be ipplied by Bene/iciary to the p�Ym�nt o/the ObIlpiNons!n eny orclai or minner nf appNcallon whlch Bene/i%isry,in i►s absolute dacretlon,
<br /> deems�ppropri�t�.
<br /> 6. CM�+s•Ll�ns. Truator w!//kNp th�Tiusf AropeitY free frwn iA/fens.�nd�ncumbr�ne�s,whetha pr/or or suborclinAf�to thls D�od ol
<br /> Trust,o�hs�rh�n tA��hn ol cumrnt n�!sstat�t�x�s and instaNmsnts ol olJicl�l a�a�ssmenrs wirh nsp+cr to whlch no pena/ry ir yar
<br /> payeGr,�v ovidsd,how�wr, Ihaf�ruetor nNd nat d%stAsrpe iny auch lien so�onD�a Truator shrl/apros,In wriHnp.to;oey the obliy�Non
<br /> s�carod by nuch lisn!n�mann�i aec�pt�bN ro B�ficl�ry�nd ah�ll In pood l�ith cont�tt such li�n by ipproprlate bye7procsecinys�l/ecflve
<br /> to pnwnt fh�en/oroem�nt o/th�lisn or th�bss o1 sny 1nNnst fn or part of the Trust PmpsitY,and ahN!�lao p/vs suth r��sonibN socerriry
<br /> ol h�e0�sd ol Tiust•nd a�os�iw►dYa�m�ya�NS incurrod D�BwneficJ�ryWnrs�id de%ns•�sha/�b�ei,mbursed by�Trustor o a�ob'ed to t,he
<br /> t7biip�iions.
<br /> 7, //aond kw�wr�e�. 7iusfol sh�ll kesp ths buikinps and othsi improvrn'ients now sxirtiny or hsrsiltsr erettsd on the Trust Property
<br /> lnsund 6y lneunnce cal�ier.s s�Nrfiafory to B�nelici�ry Aga/naf bss by 6re,h+r�rds incPudrd!n the t�rm'�xrend�d cove�+Ds"�nd such
<br /> oth�r hatanli,C1sueltle5 and aontinp�nci�s,incluaYny wdr d�inap�inaWnrnc��!a m+Y bs n9uind by B�n�fiel�ry,!n such amounts ind/o�
<br /> .ri_ n_ ..�:.r.. .�..r.x ....... ..•
<br /> sucA pedoda aa MAy t�rBquirod Dy llrn�nciay. �ne poiro y oi in.ru�Mr.;o ar.e„w L-,;:,-;tcccpt,.`..;c...^........-:;a^.. ........r.,..__^_:^-
<br /> de%n1p based On RO�n�ur�ncs,and aMll 4onf�ln th�at�nrNrol provislOn►htrtno act of rM B�n�Nciary or ol Me B�nsliei�ry's ngenrs rx
<br /> ropree�ntativeS w11/iN►d�i the policY vold a to tMr B�na/iol�ry or dlfect thd B�nNicl�rY'a ilp�t fo ncov�iln cas�of bss,�nd tM po!!cY ur
<br /> pol�c/et ahall provld�thet the s�me m�Y not W canc�ad ointodhsd wlthout li/tNn llb)d�ya pnor writtM notic�fo B�neBci�ry,and h�vs
<br /> loas p�y�bl�p►ov/slona Jn l�vor ol�nc�in/om►acc�pt�6lu tp B�Mlielary.A/l pnmfuma on intarw►ce po/kht sh�N br WNd+�th�mann�r
<br /> prqvlard unrNr th�S�cUon�+tfitNd'A�r►ds/oi P�ym�nt ol Chaip�s'h�n/n a,iI not pNd in tucb m�nner,by Tius�am,�te+p Pqnn�nf af
<br /> 1Mat lihNn 11b/d�ys pdor.to rM dw dan,aKncNy ta fMlnaunnc�can/sr.B�n�lk1�ry aha/I Mvs tM ilyht to hold MApoMcl�s snd nn�wa/t
<br /> rhsr�o/and Tiustor shad proinpry Iumlah ro B�n�/iel�ry�IV nn�wd notk�s Md s�l Pald Pn�»jum neMpn^�c!�v'd by it.In no went sh�ll
<br /> B�n�licNry ar TiwtN b�h�M naponslM�fPr fil�ws ro p�Y�+u��P�►��u'^s a!or+ny loss or d�may��nsinp out o/�dehct/n iny
<br /> polic y ar aiJSi�p ouf of any I�ilun ot�ny ln.rwana companY to peY�ai mY loaa or d�m�lnsunr/p�fnst oi/a I�Nur�bY Tivtfor�o e/Iect
<br /> ths intur�nee roqvlrod he/�unarr.In Mq event oI bsi,Tiwtor shaN p/w prompt notier bY n+afl fo tM lnaunnc�ard�r ind BNrelielary.
<br /> 8�nslieJ�ry may makn p18�/,0//oss i/nof m�dY piomPNY orin prop�i Iorm 4Y Tiustor.AN AoaeMr allnsunnc��nd�ny�nd�//rolunds o/
<br /> un�amd pnmiums inr AeMby aufa»d fo BN»Ikiory�s add�tJonaf a�euritylor th�p�yment ol rha OWiyations.ln ths�wnt of Bsne/iciary's ..
<br /> exertb�of fhe powsr pf sele conf�TnM henhr,or ln ths�wnt ol Ionclasun,�/l riyhe,t�rie and int4nst al Trostor in ind to an y Jnsunnce
<br /> policy Mwn fn/orc�sh+Npsu to�M purch�s�r at�A�trust�e s sWs or lorocbsuis aa{e.�n c�s�of any/oss,rhs fnsunnes pmcesda may,�t
<br /> tht qotior�ol 8en�/kl�ry,be�pipN�d by Bwnlicl�ry upon the ObFp�tlons,or rn yp�r�1Mrool,and in auch o�r�nd�mount as Bsi»lic/iry
<br /> m�Y dete►mlr►e:or said insunm�proa�ab.�t tM opNon of B�nHicl�ry,ma�ritMr 6�ua�d!n nplaA►p or nttorlip t/u Tivst PropNtY
<br /> p�r�l�My qI f0►�NY d�ah'uY�d to a conaYKon s�d1{actory to B�nslicl�ry;or s�M lnaur�nc�procNds. or�ny ponlon tMnof,ma y be refe�sed to
<br /> Tius�oi.llnbsa B�nslici+ry and Trusfor otMnvls�+p n�in wrltfnp,�n y such�ppllcaUon oI lnsunnc�OroeNds shrll not sxtend or posfpon�
<br /> fhe dut d�M of iny not�or ayn�m�nr�vkhnelnp tl►�OWip�tions,or inY iqetN�m�nts edlld�oi tAenln,a eAanp�tM amount o/surA
<br /> instdlm�nrs.f/fh�Tivst PiopsitY is�c4u/nd bY B�neficf�ry punu�nt to tM�xsrc/a*o/th�p�ow�r o�a+f�or otMr loncbiuro,�!l rlpht, Ntle
<br /> and infer,�st o/Trostor!n and to�ny Insurance p�ceeds p�Y�Ms+s�niu/t of d�miye to th�7rusf PropsrtY pdor to th�s�/s o�acquf�iNon
<br /> shaB pwts ro B�nelicl�ry and shdl bs�pio►hd Iiist to t/w cosra x�d�xp�naea,�clucfiny+tromeyr lNa,lncunad in cotlecNnp sucA procseds,
<br /> rhen in rhe m�nner and!rt the aoW provld�d h�nin•NotwVthatanaW�p�nyt/�p conts/n�al In thh Ssctton ro Ms confr�ry,iI tAis Osed ol 7rust
<br /> � !s on�condomin/um or a rown hwas�nd rhsn!s a m�+t�r Jnsw�nc�polic y In lorco cowRny the common+naa and 1�eNiUsa�nd�ll
<br /> conobminJums and town laus�s/ocited in thit d�wlopm�nt fMn,wMus oth�nvls�notf/hrl!n writlr�J by tM B�r►��icJary.ths Tiustov sMll
<br /> haw no o 'atJon ro ma/nt�ln tM lnaw�nc�roqulnd Asnund�r,�nd wiN aaalpn iN b�neNts and procenda ncsJwd rh�non ro ths�en�flcl�ry
<br /> and,!n the lici�ry's�oN d�serotlon,nNn�tM Bsn�Nefary�s M�namsdlnsurod on a�k�PoBcY� V�'1+�nswr such lnsunnce(s in lorce
<br /> Ire�yudNss o/whsthsr nqv�stad by tha B�nNiciiry or nod N►s Trustor hsr�by aurharire�s rhs NMef/elary to cencN�uch insur�nce whsnever
<br /> the Btn�/ic/ery determinss fAat sueh insuiMCS ob�s not adpu�tNy protecf Me Benpficie.ry s inf��est.
<br /> a, r„�,,,,�,or,n.,,d M.r,�.,..n�.e►rti.e�Y Tiustor will keep rhe 6u1/dinps�nd othsilmprovsm�nrs now or hero�/ter erected on the
<br /> Trust Propartv!n pooJ n�!i and conaiUon,orriin�iY d�PncNNon ex�epted,ind sMII provrde NI utiNry s�rvk�s n�ceas�ry for the opsntion
<br /> and preserv�Hon o/tho Tiurt RropsrtY. Tiustor will not commlt or permlt wilte,will not altsr ths aNs/pn or structun/ch�ncter con�titufiny
<br /> an y bui�diny now o►h�iNlt�r snctsd on Ind constituflny fhe Tiusf R'op�rtY without tAs pNor w�ttsn conssnc ol Bsnelicl�ry, wiK nof•do�ny
<br /> act o�N�Jng which would undvly Imp�lr or deproclate fhe vdus o/the Trust koperty end wiH��ab+ndan th� Trust PropertY. Tiusro�will noi
<br /> r�mow�ny lixturos conal(tutfny the Tiust Propary unlear the s�m�oro!i»m�d/atMy repfaced w/th like propsrtY suDfect to rhs lisn�nd
<br /> securiry intsreaf ot thls Dred ol Trtrtt and ol at/e�st equal v�Ju�and uti/ity.Tiusror•wf)1 compN with e//prossnt and/u►uro ordinances,
<br /> myu/�fions�nd rsqulrem�nts o/�nY povemmsnnl body which aro�ppticsde to thr Trust Prop�rty Md to the occupancy�nd use tRereo%f/
<br /> this O�ea�ol Trust u on a unit!n s condominlum or s planned unit devebpment, Truslor shNi pKla+m+H oI Trus�oi's aW�y�tlons ai adrr tht
<br /> declu�fluni or covsnants croadny orgnvsm/np tM condominlum or Nwp/annedunit developmenr,Me byl�ws and rcyul�tlons ol tAe
<br /> con0ominlum a pl�nnsd uMr developmernt,+nd tM consNtusnr docum�nrs.
<br /> g, Mtprctlon.Bentlici�ry or itt ayents may,at a/l rs�sonibM tlrrNS,entsr upon the Tivst Property lor Ma purpo+c oI inapecNon inelud6ng,
<br /> but not l�mrtsd to rnvlronm�nt�l f�sftna.8�nslicla►v sh�ll havr no dut y to m�ke sucA lnspectlon and shill not b�It�bf�ro Trustor or to an y
<br /> peroon iR possasslon if!f miks�or ldls to mak�an y such insp�cfhn.
<br /> fe. Amraetlen o/S�curlh. fl Trua�or/�Ns to p►rlwm+n�u�tM ov van�nta�nd aproe�nsnts conrs�ned in Mis D�o%Tru�t, au ifYeny s�on
<br /> oi p�oc��diny!s commmeed wMCh tlws or m�y�awraNy ariecr me irusi F.w,...r w�f�6-��::e�:�;'.�.�:.....-......s.�., ...-=------ -••-
<br /> tft/e ol Tiusfor fheroto,rh�n B�IicNry,at/tx option,m�Y p�rJo�m such cownants xrd�ynemrnts,mik�such appefir�nCSS,tlefend apiinar
<br /> and/or/nveaNyife sucA�ctJon or proeKdlnp+nd Nkt such otMr sct/on as BwfNiclary deNns n�c�tsiry to proNCllts lnt�st lncludinp,but
<br /> nor limlted to,d+abuissm�nt v/rt*sonabM��romeys'Ie�s artd rntry uNOn tM Tiust A�opertY fo mak�npNn.Any�rnounfs aMtbun�d o�
<br /> lncuaed bY Bene/iclary pursuwaf ro thls S�ction.lnch�atlnD,but not bmifed ro,r�eason�dN aftom�ys'le�s,wlth Jnfmfst fMnon,shaN
<br /> camt+'tute addit/onN Obtip�None aseund Dy thls D�+d of T�var.&ne/iclaryl�h�n6y pivsn an In�vocabh pow�i of�tromey fwhlch pnwe►is
<br /> coupkd w!►h an lnt�r�st/a Iw�pos�s o/s�cuNtYl to entsr upon fh� Trurt I°ropNtY�a tM Truetor's+p�n��nd!n�he Trustor's nrme to
<br /> por/orm an y ind dl cown�na�r►d ayn+m�r►ts to 6�a+�M�m�d by,tM Trurror as Mroln provkNal. UnNss�rvs►or and B�nelicf�ry prs�tu
<br /> oth�r t�rms ot prym�n�,auch�nwunta shaN bt ply�bM upon notk�han Ur+re/icJ�ry ro Tiusror r�qwstinppa yI1TMf fhfMO/,Md JAIM ONf
<br /> lntsnsf/rom tM d�t�ol uMaAunMMnt�r fAe dat�lncu�nd af tM r�t�stt lath In th�Not�or N►i nfs provld�d!n th�most nCent oblip�tion
<br /> cevsred by fh�Guinnty,unNr�s p�ym�nt ol fnt�nst�t euch nf�wouM br contnrY to rpplic�W�Nw,!n wMcA�vent auch smnunts shsB
<br /> bsar intens�+t fhs AlpMst r�N p�rm/ttW by app�caD/e l�w.Nofhinp corrt�hed!n M/a parpi�ph sMll nqulnr&n�licl�ry�o�ncur iny
<br /> expense or bk�nnY�eNon hsrnNxkr.BN►Nrcl�ry aMll,•t its optlon,b�suDrop�ted fo�n y�ncumbnnc�.Iron,e/Nm or tiemand and ro NI
<br /> �/phty�nt/t�cuNfl�s/or fhe p�pn�n�►hereol prk/or discharpW by BNwHcNry und�r tM prods/ons htnol+nd inY such suhroy�tlon rlphta
<br /> sfisll be adaitlwid ind cumulrtivR a�cuNty/or tM�D��d o!Tnitt. �'+DQ 2 0�5
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