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.... <br /> :4 i'nto"'Suf`Yf!+i.�..� ..-_ <br /> . . . <br /> . . .. ., _ ..',M ". -.. _ . __. _... <br /> .�.. -.t..r�....� tt. ..a.. . . .. <br /> � . <br /> �. Conafruetlon o}Improv�n�nt�. Tru�lor�h�ll compl�t�In pood�nd workmanllk�m�nn�r�ny bulldinp�,Improv�m�nt�, <br /> a rp�in rN�llnp th�nlo whloh m�y M bpun on th�Tru�t Prap�►ty or eonbmpl�l�d hy th�lom �vld�nc�d by Ih� � <br /> Nol�y�wr�d h�hby, to pay wh�n dw�11 ao�ts and II�bllili��Incurr�d Ih�rNon, �nd not to p�rmlt�ny oonatruetlanAr� <br /> Il�n apaln�t IM Tru�t Prop�rty. In Ih��v�nt comtruellon ol bulldinp�, Improv�m�nt�,or r�paln�n cont�mpl�t�d, �T <br /> Tru�tor dso�prN�, �nythlnp In MI�[1Md of Trwt to th�eonfr�ry notwlth�landinp; (a)to promptly comm�nu�ny <br /> �ueh work �nd W eompl�t�fh� propo��d Improv�m�nu promptly, (b)to campl�t�Ih���m�in �ccord»na wllh th• <br /> plant�nd sp�cJtic�llom���pprowd by B�r►�flel�ry,(c)to comply wllh all th�t�rm�of a bulldfnp lo�n aqn�m�nl, If � <br /> �ny, b�tw��n Tru�tqr �nd 8fn�flclary, th� t�rm�of whloh u� InGOrpor�l�d h�r�ln by r�i�nnc� and m�d� a p�rt F,;; <br /> hM'�Of�fd)b Mbw iMNIkIMy b kMp�Ct YM TrWt PrtipMty at aM tlrtMS�Nxinp oonttructlon,and(�)b►pl�p eny walt or rtf�Mt11M� Q <br /> �NWay b�Aalry wlMin fIHNn (16) d�y�aR�r wNtt�n noGa hom B�n�1lei�ry ot weh faet. <br /> /. Funds}a P�ym�nl of Ch�rpa. SubJ�ct lo�pp�iwbl�I�w or to�wrllt�n walwr by B�n�flcl�ry,Truslor th�ll p�y to <br /> B�n�flelsry on th�Ilr�t d�y of��ch monlh,or such oth�r d�t��ach month ��may b��p�clfl�d by B�n�flci�ry,until <br /> th� Ind�bl�dMS�I� pNd In(ull, � �um (h�nln�tl�r e�11*d t�� 'Fund�') �qual l0 1/121h of lh� y�arly tax���nd <br /> �a���m�nH whieh m�y�tbin prlalty owr eh�a D��d of Trust and pround r�nb on tM Trwt Prop�rry, If�ny,plu� <br /> 1/121h of th��arly p�Mnlum Intqllm�nb for h�i�rd in�ur�nc�, plu� 1l12th of th�y�uly pnmlum In�tallmrnit!or <br /> matq�Q�Inwt�na, If�ny.�II a�r*��on�lbly�etim�ted Initlally and from tim�to tlm�by Ban�flcl�ry on th�bsilt o( <br /> ap���m�nN�nd bllls�nd n�son�bl��stlmab�fh�r�of. 7h� Fund��h�ll b�h�ld in an imtitution, th�d�poslt�or <br /> �ccounta of whlch�r�In�und w puarant��d by �t�d�r�l or syb sp�ncy includlnp B�n�tlGary. 8�n�(ICliry���II <br /> �pply th� FuMs to psy Ih�taxN, atM��m�nts, Inturl�nc� pnmlumt, and pround nnts. B�rnRcl�ry �hdl not b� <br /> rpulr�d to p�r Truttor�ny InO�n�t or��minps on th�Funde. B�n�flG�ry�h�ll piw to T�u�tor,without chary�,an <br /> annual aeeoundnp of tM Funda showinq enditr�nd d�blb to lh�Funda and th�purpw�tor whlch�ach d�bit to th� <br /> Fund�wu mW�. Th�Fundt ar�pl�dp�d s�s rddiUonal s�cu�ity for th�Ind�badn�u��eur�d by fhia ONd ot Trust, <br /> N tM amount of th�Funds Mld by B�nMel�ry,top�M�r with th�fulure monfhly Inst�llm�nts of Fund�WYabl�prlor to <br /> fh�du�dabt ot fax��,����t�rrNnq,inturincs pnmium�and qround nnta,fh�ll�XGW lh��TW�II nqulnd to pay <br /> lh�tax��, ����t�nNnt�,In�ur��a pnmlum�,�nd pround r�nb��tMy tsll dua, such�xeus shali b�, at Tru�for'a <br /> opGOn,NIMr pranpUy npaW to Tn,uta w cndlbd to Trustor apNnat futun monthly Instsllm�nts of Funds. II th� <br /> amount of tM Fund� Mld by B�nMciary�h�ll not b�sufflci�nt to pay t�x�a,ati�s�rt►�nh, In�ur�nu pnmiumi�nd <br /> pround nnla as tMy irM du�,Tru�tor�h�ll p�y to 8�n�fklary any amount n�c�ss�ry to mak�up M�d�flci�ncy wllhin <br /> tMrty day�from tM d�M notla U maI1�Q by B�nNid�ry to Trutta nqwsUnp p�yrr�nt th�r�of. Upon p�ynNnt In fi,ll <br /> of sM Ind�bt�dn�u,S�n�Ncl�ry sA�ll p�omptly nfund!o Truator any Funda h�W by B�n�flGary. If th�Tru�t Prop�rty <br /> is sold und�r Ih�pow�r of ai� a th�Tru�t Prop�rty li oth�rvNi�sCQulnd by B�n�Hciary,B�rnflGary shall apply, <br /> inwn�dlablr prlor to th��p of M�Trwt Prop�rty a It�acqul�itlon by B�n�fidary,�ny Fundi h�ld by B�n�flof�ry at <br /> tM tlrtw of appllpfbn u a chdlt apainst th� Ind�btWn�ss. If B�n�HGary�x�cut�s a w�itt�n w�iv�r of Tru�tor'a <br /> obllp�tlons und�r thla p�rapr�P�4, Trustor eov�n�nb and apr�� to pay, Wfor�th�y b�some dNlnqwnt,aq �as, <br /> a�rwNs.Yiwrano� piM�Nwn�.praind nnb�and�N oM»r clwpu wfybww►Mvl�d upon ar M�MMd. Pl�d,or nrd� <br /> ap�NMt IM TwM Proprly.Tru�br Artw aPMS,upon wrltMn nq�MSt bY B�nMdrY,b pra►�y dNlv�r b BmelkJ�ry w►�csIP1� <br /> br M pqrtNM of M�oh chMqs. Tfusb►Mk�wIM sp�M b psp ol faxp.as�M�nb,and OfIfK d1MpM IwiW upon or <br /> iMMNd.Pht�d.ur rtrdl��or rtMrwr�d by.thb[�d d Ttust or tf»rroordtllon!wd- <br /> 6. AppllpUon of P�ymM1h. AN p�ym�nb NO�Iwd br B�n�fldary u to any d�6t,II�b111N;nr e+�l��wx•owed!o B�fl- <br /> Gary by Tru�la rn�y b��pplf�d by B�nMG�ry to tA�p�yn»ht of th�Ind�bbdMS�or to�ny wch oth�r d�bt,Nablllty <br /> a oblip�qa►,In any wda or m�nn�r ot appli�.ao�wnion s.�.na.►y,In its�b�olut�dlaer�tlon.dtimt�ppropdd�. <br /> uM..a anwr.�...i.caa ey e.n.n�.�y,�ny such p�ym�nt sh�ll b�dNm�d appll�d Ant to tM p�ym�nt of�ny O�bt, <br /> INiblllty ol oelip�tlon oNNr MMI M�NoM. <br /> 6. Ch�rpu:LNm, Trwtawill kNp tM Trwt Prop�rty in�from all Il�nt#nd�nwmbnnas whlCh In any w�Y maY,in � <br /> tM Judpm�nt o/ Mn�Ad�ry.hav�priarlty ov�r, a Impair th� s�u►Ify of, thl� D��d o(Trutt but Tru�tor nNd not . . <br /> �MoAvp��ny wch II�n a lonp at Tru�ta shall aprN,in wridnq,to pay th�obllp�qon a�cu��d by Ih�N�n in�mann�r <br /> �oo�ptaEl�W�nMdary�nd sh�fl In pood fsith COnbtt ltN Il�n bY�PP►oPrlat�Npal proasdtnpi�M�cdw to pnwnt <br /> fh��nfaroreMnt ol fhs N�n and fM lora of a„y InNnst fn or p�rt of th�Tru�t Prop�rty. <br /> 7. MazMd IMUnno�. Tlu�lor�h�ll kMp tM bulldinpa�nd otMr improwm�nts now�xl�qnp o►h�n�R�r�neHd on Ih� <br /> Trust Praprrt�r Msvna �I�wrsnw c�M�rs satlshctory to B�n�pd�ry spaiml lo�s by Iln,haz�Ns InduNd in IA� <br /> t�nn'�:and�d oownq�'�nd sueh olhsr h�i�Me,e�su�Ifi��. snd contlnp�ncJ�s��may b�nqukW by B�nMdNy, <br /> I�sucA amounb and for�uch p�riods u meY t�roqufrcw ti�w.�.n�_.y, T►;����c;o!lnsurans: ��.fl b�fn torm <br /> �oepl�bN 10 YleNlldary, provlW that It rt�y nol b�c�ncNl�d a modlfl�d wlthput 13 d�y�prlar wrlfan notla to <br /> B�AdwY.and�A�II haw loa p�y�bl�provislons In hvor ot snd fn torm�ooptabl�to B�n�lldary. NI pnanlw�u on <br /> knwanq polbl�s�h�ll b� pNd In IM m�nnK provW�d vi�der parspnph 1 h�nof a,It not pMd M suah n�w�w,by <br /> Tnntor meklnp pa�nt�t lust flftNn(13)days prlor to th�du�dau,dlnctly to th�Iniu��nc�arclN. 8�n�ffd�ry <br /> �hNl Mw 1M rlpht to AMd tM policl�s �nd nn�wsls tMnof and Tn►ita shall promPtly fumlaA w 9�nMdary all <br /> nn�wM noda� wnd all p�id prwnlum nC�lpb neNvN by it. In no �v�nt sh�11 B�n�Nd�ry a T�u�tN b� MId <br /> nspan�N for f+iluti to p+�y Insurana pnmlum�w for any Iw�a darr�p��rlilnp out of �d�het In�ny pollcy o� ` <br /> aNsinp out ot�ny hilun of�ny insuranw oomp�ny W p�y for sny ia��or damap�Inwnd pakut a for fMlun by <br /> Trwta to�fhct tN�Insunnw►sQulr�d hw�und�r. In M��vsnt of los�,Tru�tor ahall plv�prompt raNa by nwdl W Ih� <br /> Imurana carrNr and B�fldary. B�nMd�ry may mak�•proof of lon If not maA�prompty or In prop�r form by <br /> Tru�b►. Au policlN of kau��nd any�nd all nfund�of un�amed pnmiums u�h�nby�s�ip�d W 8�n�fld�ry <br /> ,u additlonal�t�i1h !or th�paym�nt of th� Ind�bt�dnqs. In th��wnt of 8�r►�fldary's wnralN af M�poMwr ot <br /> �ab�onWn�d 1►�►Nn, or in th� �wnt of for�dwun, aM�lyht, tltl�, �nd Int�net of Trwtor in�nd to a�ly Mwr� <br /> p011cp tMn In lorp iAaN�a�Oo th�purchrNr at M�tru0tev..aa o.ro..cas�r...�.: i�c,�. a.�r a.s.Mie <br /> Irl�uranp P►oCMd�rl�y��t Mie,optlon ot BN►�flClllry. a�pniaa by e.�.naur�m.i�a.be.a�,...,a��ny M!"t . <br /> tMnof, �nd In iueh wNr and amount as B�n�flGary may d�brminr or tM Inaunnc�proc»dr, �t tM opdau o!.<' <br /> B�nMci�ry, m�y�Ithrr W ua�d In npl�cinp or n�tainp th�Trust Prop�rty pa�tially a fot�lly d�stroqod to a oondiUon <br /> saa.r.ccory �o e�.n•nGary; or th�Insuanu proc,�Ws, or any portlon I��rsof, may b�n1���W b Tru�tor. unN�s <br /> B�n�Aclary add.Tro�tor ofh�nvls��pn�In wHtlnQ,�ny such �ppllcatbn ot Insur�Ra proo��ds th�ll not�xt��d or �;�,: .�. <br /> pw�tM dw dal�ol th�Not�,or�ny in�tallm�nts e�H�d for tMrNn,a eh�np�tM amount of weh InattllernM�:� :., ' ' <br /> If Mw Tru�t Prop�lJr is uqulnd by B�n�flel�ry purtusnl to th� �x�rcl��of fh�pwwr of saN or o1h�1'a�do�uA,�11� . <br /> Mpht, Ntl�, and int�nat ot Trustor In and to any In�uranc� prqc��ds pay�bl�s� � r��ult of dam�p�to Ih� Trusi:� : <br /> Propwty pNOr fo th��sl�or acqui�Ition ih�ll p�as to B�nNlelary and sh�ll b��pplled flrst to iM cats and�xp�nH�, " <br /> Indudlny�tlom�y f�H�, Incurnd In coN�ctlnp�uch proc�sda, tA�n fn M�m�nn�r and In th�ord�r provid�d h�r�M. <br /> E. Pna�rv�tlon and MalnNn�na of Tru�t Prop�Hy. Tru�tor will k��p tha bulldinps �nd oth�r Improv�n�nu now or <br /> h�nak�r�nct�d on th�Trust P�op�rty in pood np�ir and co�dllion and wlll not commit or psrmit w�st�,will not Nar <br /> tAe d��lpn or�truetural charuter eon�titutinp �ny bnfMinp now or hena(t�r�nebd on and eonttltuHnp th� Trwt <br /> Proprrty without th�prlor wrltten eon�enl of Beneticl�ry,wlll not do any aet or thlnp whlch wouW unduly Impalr or <br /> a�n���.l��� �V�u��..��f IMr T��.r/Oi��.�.. ��i Jl1��a��.��J�� �����.._� 1___�. �___.__ ....�� __. _'__"'_ <br /> .,�.� . . . �.«. .. � � a .. .. . . v.. r.vy����. nww� .nn��w��aw��w�j <br /> btYMN o0�tp �Tru1t Piq�rty 1R�rMy M'�knrtMdl�Nly►�pNad with IMn prop�rty.Mi6j�et b b MMi�nd MqrNy <br /> kiMwt af tiM I��d of Trwt and of�t I�Mt puM v�MM and uYNly. Trutlor wIN oort�ly wlTh M preNr�t and fuWn adr�noM. ' <br /> MMlrof. M kIM D��d��Is on a urdt���oondortiN�Nrn�p �b�dwNOq�t,7rullDr shli pMkxrn a1 Td n�lors <br /> ObilpworM t1rldM�d�d�triorM Or oowM»nls Crwtlnp or povMnkp IM oaxlomin!um or Ihe plMx�ed urNt d�wlopm�M.rN by�w+s <br /> and iept�orr d 7M ao�ndornkNun or p1Mx»d unit�eveloprtt�nt,arW QN oorMl4Nnt doaxr»nb. <br /> 9. In�p�etbn. B�n�Ad�ry a ib p�nls m�y,yt all nasOn�bl�tlm��,tnt�r upon th�Truet Aro{►�rty for th�purpoN of <br /> Insp�etion. B�n�Ad�ry�h�ll hav�no duty to m�k��ny Inspeetfon and shNl not b�Ilabl�to Trusta or to any p�non <br /> In pos���ibn Il it rrwk��or hlls to mak�any such Insp�ctlon. <br /> P�p�2 of 6 <br />_ ___ _ _ <br />