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<br /> �tnsthebue monthy installmems ot Femds Utne emount ot ure irmds netd�y Beaatrda►Y s�+a11 not be suffiaem to pa1+�eS essessmerrt&
<br /> . • .`�.,;., 4� fnsmance Premmms err.i Qround renta as tAey tall du&Ilusta shall pay to BeaeficlaiY anY smount neaessarY ro maf�nP Me�sElde+rcy wltlUn thtity
<br /> . • �yrs fhrm No dato natice(9 maited Dy Henofldary to ttusior rsquas7�8 RBY�"ent rhereol.U�n paymeM in tull of all;ndabtedrresR 8enerietary sAalf .
<br /> ` .. � P�PaY raftutd�1lusto�anY funds held bY Be�rsfidary�d the 7tust Pro�te►N is sa7/und&r tRe P�r of sala or Me Tlust Properry rs otherwlse
<br /> � � ecquhed bY Bm+afrrdtt►►ys 8eaofidtvysAeN�PPAS UnmedlBielYOriar fi lAa se�e af the Th�st P+'oAertY or its ecq�dsmon EY Beaettaarl:8►ry Funds Aetd
<br /> - ` ' 'F� t s _
<br /> Oy Benalic,�ml►�No tlme of eARfiestlan as a rxedif qqatnsiMe lnQeDm�ross d 8arreficiary e�meutes a written xrarva►ot Thu�ors abGgattons under
<br /> . Ut/9 perugrBpA al ThisRU eosatn8nts end 8g►ses ro pay.belaru tA9 sem9 b0cotr.e delirrquenL el!taxe�a�essme�tst�RSmanQe P►8m�ums 9mtmd �
<br /> co T����e u wrttten `
<br /> � re�enQ eU Othe►cheuges�v1fffisoevB�Ce�rfed tlDan or essessed,plac8d am8d9 8galnst We Lust Pmparty� �S R� •
<br /> ` � • ��ua8t Dy Berteliclaryt M P�A�Y�0�Bsnefida►Y a!'r�etDts for theP$Yf++eat ot sueh Ma►Ses tlusmtlihevdse sgress m p8y ell ta�ea �:�`��,
<br /> � ; �b e�e�rtr�np and otAe�chargas tavfed upon a�essessed P��ormaQ9e.4abrs4 or measwedDy:tlHS Qeed af ltustortlre reourdaaon Aeraal.
<br /> ���, �_ �•�•, ��ApylTcauanaf Paymertts AOpsyments recef�adEY 8eaellelary as m em/deDt I'iaCury aobliqaaon cwedta 8enefidery DY Dusto�maY�BPP��Y ��
<br /> . , db BenelidarY ta the paymern ol U►e trtdab�orto a1ry suelr oUrerdeD�GaC(filyorobiigatron.m any orderormam►erafapp.restron whlch
<br /> `' � • Q 8er+eNcfa�is in fts aDsoA�dis�reUan.rlaems epDmpn.'atee�Jnfess othenvise elected Dy Benefida►yt enY sucA PaymBnt shaliDe deemed eppGeC fust `'.�
<br /> �-� � ' � ---� . �� "� m th9 P�eni of sny deb�liaDfliry or obGgadon otAer than the IVota
<br /> : '�°"'�•.. 1 � &Cf+ar8e9:Uerrs Th�stOr wiil keep the Lust Praperly tree from a!!GRns atrd encumbrances wAicA rn any way mayG fn the%udgmem�Bene�rGaryc Aeve ,
<br /> -�._.�.."_,_.� _ '• � .
<br /> � pNadry waG o�impalr tlra seeuiity oi Nis OeeO of Trost Eut Tiu.aQOr rteed naf dischatge st+Y strch 6en so iong as Tru�or shaA a�aeG ire wtitit►g.N
<br /> � paytha obBgation secured DY BucA Gen in a manneraeeeF�fe tv Beaefm,fary snd sAsO�good faiU►cantast such lien DY BP��P���S� .
<br /> proCeedirrgs eflee�na to pre�rent thaerdort�ement of the ffen and the loss olerry i�rest in or peROl the Tiust PeaperiK
<br /> .. . • " 7. Nazard fnsuraace.ThrsO�rsRBUkeep tAa Ouild'ing9 and olAerirrrpravemerrts aotv e�dsting orAeteaRer erectedon the Dnst Praperty lnswradby
<br /> Thrs�r :
<br /> ,� ...' � U►swar+ca esr�lers aeflstactory tb Senef'idarysgatnstlassb�frret hamrds lnc►uded fa tAe term�trx�ndedcareraga"and sucA ctherharard� ,.. :,
<br /> . .. cas�al�s end co�NngenrJes es meY��bY Berre6daryR!n sucA smotuRS and forsuch P����Y�►eQuned bY Benefidar7�The .�;....
<br /> • ' .•. .� poGt,ya/insurarle9 sAsUboln Ibim acCeptBDle to 8eneficlary�Oro+dde UiatUre same maY notbe caneeDed ormodifred widrout fiReen(t51�P�o�
<br /> ` viriaennotloe to 8en�lt�aryt and shaAhauetoss payaDle provlslansfn fawraf and ln form acceP�ble to Bene1'rda�ye M ptemlums on lnsurence
<br /> � ' '::-� paGcJes snail0e pald fn Me manner pravtded ar►Cerpa�ayuph 4 Aer&Qt ot Hnot paid!n such marure4 by Tiusm�meldrrgPayment aileast!'��re(1'1 •
<br /> daysPrforto the due da�it duectN to the insurartce carrtet BerreffGa►Y ahaUha�e the rigM w hold thePo�des andrerte�vals thereafartd TiusO�r shall
<br /> .. pma{qtly fiortlsh to BeneficiarY at�ranewainutices and a[J patd pfamlum teoelpis reeeivedOyit/n no evarrtshaABert�ldary o�Tiustee be hefd ,
<br /> . rasponsible forfaAme tn p+'ylnsuranceP�emfums orfaeny loss ardamagearlsirtg autaf a d�ectbi styRoli�y orarislrtgoutolar+y tailura ol erry
<br /> .�`.'��, . tnsurancecarr�arrym pay/ara�y toss ardaarege lnsrued agatnsto�tor tatlure4y Trusm�h►�the insuranee r8quheOeeraundec!n tlre evanr o!
<br /> • . , losx firstor sha!►ghre pramptrrotice Dy mall to Me insuranea canlersnd Bensficfary.BeneSdary may mat�pmot of foss Nnot made promptry o►rn �'
<br /> -:. pnppetfarm by TinsOOt A!t poGdes ollnsufanc8 and a�ry snd s0�efwids oluneamed premhrms are heraby assigned b Benetfclary ss sdddtonal t,.; •..
<br /> ,.,.t_. : seCUAry to►tlte p�ymerrt at tl1B fadebtedness fi tlie6ventdEBanefidari/s exerdse of the powerMsets conmined rterefn,orin the everK ol .
<br /> - ���� fbredasu�et ell dgAt 6tle snd�ritersst of Tiustorin and ro any fnsurdnce poGcy ttrenln lorce shaDpass tu Me purahaserat tAon tlr�a�1 deb Btedness�or �
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<br /> '._ . .. farectasuresafa!n eeseo/�y+tosst fhe fnsurancapracesds mays at the apCon at BeaeTrclarK�BPP�bY�►�'uD ----
<br /> ---'---' - any part thereof,an01n s�rdi o�erarrd amoer+tas Beneflaiaryr may demmrbiR or sald rt�suranoB A��ffi Ure oDaQn of Benefidary.mayefFher ;.
<br /> . 6e used in repfaGng or wstoring tRe Tiust AvpenyparUalN or totailYdestra�ed to a conaGOon satisfacmry ro Berreflclaryr,orsa/d lasurance •�.
<br /> , - proceeda,or enYPortfon theteol.maytre refeased to Tiustot Unfess BerrafiGary arrd fiator otherwlse agrae In writlag,ary such appGcatlon o! ;. ':*
<br /> • � ... �nsuranr,sproogeds shall not eztendo�postporte Ure due date ol fhe Nota,or arryr instELmer�s ca!►ed forthera/n.a ch&nge Ne emotmt of such ��,�{s�r
<br /> • .�, <. ' . Ins�llmerrts Ht1re Tiust P�operty is acqu U S d E y B en e f f d a ry p u rs u a r+t A a N e e x e r c l s e a t t h e p o v i er of s a 1 B orotherforecfosurei,aDdgAC tiUe and {��,�;��
<br /> • /t r t ere s t a t t�rin arrQ to e r y nsurertce pmcaedspayab Sa rrcrfi the sale ora isiUon sha/! ass ro a�.,
<br /> � le 8s a reSUR ot dacna m fhe Tittst Prt�DenYP aN P L•-_'�,__
<br /> . - `�,''.�` Beneflda►Y end sASD he sppfred fnst to Ne costs and expenseS incfudFng attomeY tiaest incurrsd irt�wRet�irrg sueA proceeds�ihen ln the marme►
<br /> . ' .. ::�.. snd tn the efCerprovfded helefi .
<br /> • 8 PnaserveUOn arrd MaUrtenance ot Tnut Prapert�e Tiustor wul keep ihebuTldmgs snd otner tmpravemerns rtav ar hersaRsrerecled on fhe IYust
<br /> � ,`._ e'?�aperty In good wpatrend eortdilton and wi0not cammit or permif wastet vilQnot elm►tlre deslgn o�strucN►ai c►raracm�consaditln8 arN bm7ding � :
<br /> ::rxv orheraaRererected on arrd eons6trting NB first PraepAy witAOUt the prlor w�itten consarn of Ber�eltdary,wfll not do arry acta Ning wh/ch '„l•
<br /> kaoufdunduylmpalror deprec�ata the value ol tAe Trust Properiy snd wlAnot abarrdoathe T1ust P�cperty.7fuslor w10 aot ramaa anY�s -----
<br /> ' • . . � � .� consstiNNdng Me Ttust Properry unfess the same are lmmed/atety replaced wlth t;tm PmAeRY sub/ect t�the Uen and s�+rrrtry firterest of this Deed ot .•.
<br /> d
<br /> Tiust end af atleast equsl value snd utI/iry.Tasmr w1D compy wlth e(►preserrt and furore ordinances,regNaUorrs a�d reqailaments of ary o, .
<br /> , �,� �•`� �� govemmernaJbody whlcAare sppGCabte to Me Trust Prope►ty and to the oocupancy arrd use Nereol.!I thls DeBd o3�stls on a unii ln a
<br /> ' �.:ii � ' ' conQominfum aa planned unft da+elopmerrG Trusro�sheUpertom+alJatTrustofs obligadons under fhe decla�atiar,3 dr eaviana�qs o2�rrg or :
<br /> � " gou�mfng t he can dominlum ar L"r�planned unit deuofo pmen�thebylaws end rsguFat/ons of the eondominlum or planrted unft de�:e�and Me ..��
<br /> , • . constl�uetn dowmants �::
<br /> � � a Jnspecdon.Beaeflcfery or tts agerra mays etallreasorrabfe tlmes�errter upon the TiustPropeny for tha pwpose ollnspectlon.BeneficiaryahaD have .,
<br /> .. ' no dury to ma�s:�fi inspecdon sna SAar/notDe llabte to Ttnstor orto srryperson!n possession 8lt makes ar fatlsto make sny avchlnspecUon. �1',:
<br /> � �' . �.'' 9Q Pmmcdon ot Secuir'ly�ll'6ustar fails to peAorm sn}r otthe oovenant,s and agreamemscontalnedln thls Deed o1 T7ust.a�Harry acUon orF.���B ,--:
<br /> . ��:,,�•,-��:-�-� !s eomrrrenceQ vYRlch does a�adv8rsery efleci the Tnrsr Propeny or Ure lntere�t of Tnrsror o�EeneHc/ary thelain o►the Gtleof Trrutor ther6tq � �f`-;-'
<br /> �:�.:i:"'%", , .. - Men Bene!lclary,at its OpGon,nx.y pertam such carenants e►rd 2-eements;make such eppe�ara,r�delend agalnst and InvesCgato such ac8on v—
<br /> . . .`., . ,;`e;� a proceeding end tako such c�rect/on as Beneflclarydeems cx�xessary ta pmtectirs irrcerest c�^'..i��n9.6ut aot dmlted tq,dlsbmse�ha►nof ---=-
<br />� '�:ti:;;�i• _._.
<br /> � reasonBD/o sttomey fees and e�my upan tAa Trust P,aperry ro ma7ce repalra Any smounts dlsburseG�y Beneflclery pursusnt ro this paragmph llt :�:_:�
<br /> . :. '�;*� wBh hrtersst tAereon,sha!!canstlnrto Indebtedness ol Trustor aeeurod by thts Qeed ofTmsL tJnless liustarand&-r�lJcary egwn to other terms of
<br /> 0
<br />- - .' t,�.��'' `:tr,�1; paymer�such�ounts ahaDbe payabte upon notice hom Benefldary to Trtrstor c�quesYnB peyment theraol,enJS'rall bearlrrterest hom tAe date
<br /> ' � ''�'�•�f olG/sbursemsnrat rhe Cefaalt rata(I a�ry,set forth/n trte Not�o►otherwlae st tho hlgAest�ate pe►miCed bY law.t�iaarTng co r r t a i n e d ln t hia p a r a g r� •�°�`r-
<br /> ' - -• �-�. ahal!�aqrrlre 8ene8clary to hrarr r.y expanse or fake sny scHon heraundec TiusOO►inevocaby sutryarizes end empowers BBneNdary to enter u�, F��::--
<br /> ` � � r�e m,sr�roperryes rn,srors�ene,�n r►usrora name or ou►erwrse ro pertam afiranaa►�eoveaams anda�semerns�o�e ao:�a^neday �.-;t-_
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<br /> ;:..'.��.� . ; �Tmstor es here/n prov/ded.BeneBdary shall,et lts opt/on,be srrbrogat�d to eny eneumbrance,llen,cfaln�or demand and e�aD rlghs arrd sec�..�as
<br /> '�: �•� ' forMeR�ent fhereol pald or dlsch��gedby BeneAclsrywrder Ne pravlslons rc�.,rofand arry such suDrogadon dgAts shaAbe eddJt/onal end �=';,
<br />`:.�;�.:r:.� ,.'.,;�' I,.,y1� cumu18tN9 seCUAN fa►tA(9 DeedW Tiust � .
<br /> ����� • • ��#_:�il 11. CondemnaYon.TAsproceeCs of sny awerd or e/aJm for damagest d'ired orconseqi.�entlal,ln connectlan wXA eny cc:?demnatlon or ather taldng o/tte _
<br /> ;'�. +•,�,,::',• ? , • .:: 71usf�raper!}R orAny part fde.�ot,o�for conveyance N►Geu of or/n enUclpadon ol eonderrmatlon.ar8 hersby ssslgrte0 to and shall be pald ta
<br /> �+;'.;;'r • � •�'''i�.� BerteAclary.7lusto�w10 b/e end��asecuta In good fal(h and wfNr das diligenaat Ns claim fo►any�.�t�8w'a�d ar p8ymet�end wiil cause thB same to De
<br /> :•„�,� '-��' " .
<br /> ,,,�i;•: };;�, coASCted 8nd pald ta BnneflrJary,and,sfioufd/t laH lo do sa TiustalnevocaDly auN►ortres and a:�raassrs Benefldary.In Ne name al TTusto�o� -
<br /> • ' athenvlse�to fila D��settte acomP�lse enY such clalm and tb coCecG recelP�for�d r�NaProceeCs 8the Trust Prapertyls aDandorred • .
<br /> ce
<br /> � ��;c'.�:t by Ttusto4 oL�no8ce by BeneflGary to Tlustor that the condemnor ofleB to malce er►evrard orseile e Ga:�►t�rC�agest 7)usfor fa/1s tu respon�to .
<br /> � � ' '�` BeneRClary wW a-h 0�1rtY(30)days aRer tAe dafe such notica fs malfed,Benelkiary is auNomed io�F,ec[an0e,c;�t,ra'�e proceed9(n the manne� - ;'
<br /> l�catad herefi Tha Ptacesds of anY swa�d a clalm ma}t aRer deductln8 aU reasonable costs a,M eamens8a irreL��g atlomey beS whlch may have `;r.
<br /> ,��,�``. :. � be@n inCUrred by 8eneffclary in t'xa�flecdon thereof,at Ne sole dlscret/on of Beneflclary,bereleaseti to TiLSro�€,pPll�m B��n ol Tiust PrvpeA). :•:
<br /> .' . • o►e�plted ro the peymentof Ure Indebtedness.Unless Beneficlary snd Th�sto►otherwlse agree in wr.sn9.anY such apP!lcatlon ol piaceeds to ';,a:
<br /> • . fideptedrtess shall rtat mdend orpos�ane the due dete of tha Nom or the paymerrt ofarryrinsmilmeMS cailed Por fheraunde�
<br /> - • 12 Contaminanfs TJusror warrants and represems that there ere rtoi now,nor,to the best of 7Yusrola knowledga efte►rassonable InvesUgaUon,have :
<br /> there sver been end,without the llustar oDta/ntng BenoAcla�ya co�ent end sit requ(site peimlls and approvals��re wllf na�In the luhne be
<br /> '. .. ._ Cpnfaminants atorod,hend/ed.o�dlsposed ol on tAe Tiust Proparly whlcA would reqWre ctesnup remova/or other rpmedial actton unda�any �
<br /> envlmnmentel/aws.Contaminants shalf inean matedalst substancas and wmpaunds prohl6lted or r��ulated under any emrUanmentel/ews l�ustor
<br /> ' � wtlltmmedlstey notHy the Benefldary,!n wrltMg,ot a�,(g imrestlgeBon,lnqulry,clalm or actlon by snygavemmenml euthoriry a othe�party.
<br /> � ' ' agdnst Ihe 1)rrsror regarding alry enWronmentel 18ws(U)Contaminents on the Trust ProRerry wh/ch woald raQulre desnu�ramaval m oMer remedla� �
<br />- � � � flcNon unQer any enW�onmenml lmvs Upo�the Beneliclary's+aquesG Tiusror wf0 pedodlcalry provlde envlronmental assessments or campllance .
<br /> ' audits:and agrees to pe�mit envlronmentallnspecNons and testfng ot the 1Yust Property by the Beneflciary or its agenls,et the Trtrslo�a expeasa
<br /> � - /I the Tiust Property Js used lor rsslaentla!purposes,the preceding ahall not appty to the presence,use,or srordge on the Tiust Property ol sma11 �
<br /> ' � ' � QuantlUes of Contemtnanfs that are Beneraly recogMZed ro be sppr�pdate ro normal rosidenNal uses an0 to malntenance af the Tiust Proper[y.
<br /> 13 firsror Not ReleBSed.Extensfon of the Ume Po�peyment or motlHicatlon ol ary smorUraUon of the lndebtedness grented by Beneflclary to any �
<br /> - successor tn Jntersst ol Tnrslor shall not operete to telease.In any martne►,tAe IiaDlliry ol Trusfor and Trusto/8 suecesso►s M Intere9t BeneBdery _ �;
<br /> � shan nofDe requUed to commence praceetlings sgalnst such successa or refuse to extend Nme Ior payment o►ot�eiwlse madAy amornzetlon ol
<br /> - the Indebtedness by roason of a�ry damanC made Dy TTustor end Trustora auccessors in lnterast ..
<br /> - . � � ' te. Finartelai Infamabon.Upon�equest of Benetic�ary.Tiusror wllJ pmvide to Benelie�ary,w(thln nlnery(90)deys af the c/osa ot eaeA fiscal ysar ol
<br /> - � Tiusto�Ne cortsolldated balance sheet and statament ol eamings ot Tiusror and any and al/guaranro►s of tA9 fnQebtedness secured hereby.if a�ry.
<br /> - �. � sndw(11proWdeanddelivairoBenefiC�arysutf�othe►t/nanctallrMormaUonend/nsuchmanne►asBene!!clarymayreasanablyraqusst/romtlmembma. �'
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