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<br /> ?, P�ymant pl McNbt�dYnsr. Truator sh�l/ prompf/y p+y or c�use to be p�ld wh�n dus ths ObNp��ioni�nd N/orhrr lnd�6l�dnaa. Th•
<br /> Truttor shrll altd promptty and/�lthlully oba�rv��/I ollta oWlp�Nona unde��ny othsi da�d o/�ru�f�ncurnb�ilnp�ll or p�rrt oI Ih� 7ruat
<br /> � wh��r/unlor o�s�in,la�o ths Ilin a/th1�De�d o/7ru trind any orh�r obllp�lontca�cu d•by�1bn on fh�r uit���rly,rwh�tii�r�l/np •
<br /> cona�nsaslly orby openNon ol/�w.
<br /> � 3, Conatnretion o/+Mprowm�nfs. Tiusto�sha!l compl�te!n Qood and workmanllka mannii��ry bulld�nps,lmpiov�rn�n�a or r�N�l�a rr/�f/np
<br /> fhsnfo whJch m�y be bsyun an�h�Truat Props�ty or contsmpl�t�d try th�Obllp�flona a�cw�tl d�r�by,fn p�Y Wh���du�NI cafA�nd
<br /> /!�b/flrf�a Jncumal therslor,�nd not to psimlt�ny conarruct/on l/sn ay�/nar tuch Tiu�t Map�rfy. In th��v�nf cunirruaf/an o/bulldlnpe,
<br /> � lmprovem�nts oi r�p�ln ars contsmpl�ted, TrLafor deo aynsa,�n yrhlny/n th/i D��d ol Tivat fo fhe con�i�ry nofwlfh�f�ntNny;Irl►o
<br /> piamprly comm�nc��ny such work and ro complet�fhs piopoiM Improwm�nti piompNY,Ibl fo compl�t�fh�um�!n�ccordenc�w/fh rh�
<br /> p/sne�nd apsc/fic�tlons�e�ppioved by Bsnolic/�ry,(c!to comply wlfh d!th�fum�a/�buAdlny Inin�pi��m�n1,!/iny,Wlw��n�rusfor
<br /> ' �nd&ns{Icf�ry,the te�ma ol whlch ars lncorpor�tsd h�rsln by n/ennc��nd mid��p�rf h�ieol,Idl to�//ow Bin�/la/�iy fo/nep�cf the 7rusf
<br /> Property at�ll Nmse durin�eonatrucNon,snd(el to npl�c��ny work or m�feri�b uns�tl�l�ctory fo B�nr/lN�ry wlfhln l!/tNn 1161 d�y��ll�i
<br /> � wrltt�n no►!ce liom Bsnellclsry of such lact. _
<br /> .�ist d�l�ira�n�h�oi xucb oth�i d te sach�mor rrht�+s miy�sr�clNb�by�ni%cl%unf/l thi O�a/a�Nnnil+��!d/n/u�lc�r Aum fh�
<br /> �''/h�nlnalt�r th�"Funds'1 equ�!fu 1/12th ol the ye+uly t+x���nd aai�asm�nfa whlch m�y att�in prloilty owi�hN D��al o/Tru�t�nd pround
<br /> nstllms��a/o�i mo pi9�su anc�/�ny�dl wa�ii,aonidy i�kna�init�ty�nd Irom�Nm1,t0 dM1 by BMIHcl�ry on ihi�i aYo%�mlum
<br /> asseeam�nts and bilfs and n�son�b/e�stlm�t�s th�no% Th�funda eh�ll b�/NM in�n lniNfutlon,Ih�d�putf�s oi aecnunfi oI whlch�rs
<br /> lnaund or pusnnte�d by�/sda�l or st�te•�sncy lncludinp B�/leNry. B�rtllfclary�h�ll�qo/y fh�funda►o pnY+ald f�xa,�ua+m�nts,
<br /> lnsunnce premlum��nd Dround rsnta.Bensliel�ry sMll not be n4ulnd to pay Trvafor�ny lnfaut or Nminpa on fh�Fundi. B�n�Bcl�rry ih�Jl
<br /> ylv�to Trottor,wlthout charp�,�n annu�l account!np ol th�funds+howina erodlfs�nd d�Wts lo th�Fundt and the purpo�e loi whleh Nch
<br /> drWf fo th�Funds was msd�. Th�Funrb sro p/sJy�d u�c'ditiona!s�curRy lor th�Obl!p•Ilons:�curad by►hfa ONd ol Tiu�f, !/Nu srnow►t
<br /> 0/the Funda held by B�n�Nclary, topith�r wlth the luturs monthly lnaP�llm�nta o/funds p�Y�a�prlo�fo th�du�d�tl�o/flxN,
<br /> assu�m�nta,lnsunnc�pnmlums�nd pround ient�,tAi//axcNd th��mounf rpulnd ta y saJd t�xu, nt�sim�nN,ln�ui�ne�p►rmlun►a
<br /> and pround�ents�a th�y/N/dus,such�xcesa sha/16s,�t Trustor's option,�Itha o 7ruira a�cr.aVr�d to Tiwror�p�lnat
<br /> lutun rnonth/ylnslNlmsnts ol funde,/i the emount ol fhs Funds hdd by B�n�/k/ �tof�IlJcNn►rp p�y f�x�i,au��im«►t�,
<br /> intunnc�prsm/uma end pround ronta e�the y/dl due, Truator�hill pa y fo B�rollci�ry anY amount n�c�sr�ry to mak�up�h�or/leNnC y
<br /> wlthU thlrty daYs!rom th�d�t�nof/ce!e meilad by Ben�/Ici�ry to Tiustor rpwitin p�Ym�nf th�nol.Upon p�Ym�nt!n IuN ol N!
<br /> Oblip�Nona, B�nsJkNry+hsll prompNy relund to Tiu�tor any Funds hNd by B�HcPry.ll fh�Tiw!Prop�ity!�iNd und�i fh�po►wi o/aN�
<br /> or th�Tru�t A'opertY!a otAenvlt�acqulrod by Benelklary,B�n�Ilcl�ry rhN/�ppl y,lmm�di�tdy prior to th�ial�ol th�Trurt Aropaty or!fs
<br /> �aqUisldon by @�nelicl�ry,any Funds held by Bene!'ki�ry et fhe fim�o/�pp!lc�tlon as a cr�d/f�Qtlnsf the ONlpetlone,If Ber►eNcl�ry�xncut�a
<br /> a wdtten w�lvq ol Truatoi s oWlp�tiona under thls Sectlon,Tiw�or cov�nanti and�prNi to pa Y,bNon �M a�ms t»eom�r dNln9wnt.�M
<br /> t�xn,ass�samsnt:,fnaurwrc�pnmium�,�ground�ts,and NI oth�r ch��+whatto�wr l�vl�d upon w ai��itM.P��cd or m�al��p�lnat
<br /> rns r�u�r v.oa�rY.r.u�ror►�nne�earees,upon writt�n rsqust�by B�n�Nr.�►ry,to promp►Iy dNlwr to B�nHkl�ry�N nc�lpt�/or rA�p�Ym�nf
<br /> ot such charya, Trusto�lik�wls�ay�eea to p�y+�//r+xes,aes�aam�nts and orh�r eharyei livl�d upon o�ait�iiM,pl+c�d or m�d�Mp�lnit,
<br /> a maau»d 6y, [hlr QMd o/Trutt or ihe iecadstlon h�r�ol.
<br /> a. ApipA�e�tbn o/hynw►ts.All p�ymenfs received by Benelicl�ry�s to�ny d�bt Ilabiliry or obflp�Non ow�d fo Ba►�Nelary b y Trua�or m�y
<br /> �J/i�b�y�B�n'Ncliry to th�p�ym�nt ol thc Obl'p�Non�in�n y ord�r a minn�r ol applk�tlon wh/ch B�n�/iclary.!n!fs�bsolut�d/scnflon,
<br /> 8; �s Ll�ni.Trasro�will ks�p th�7ruar Prop��ty IrN l,rom all 11�na�nd�ncumbi�nca,wh�thK pilo�or iuboroYn�N to thp DMO o/
<br /> Tiust,otb�i M�n th�/l�n of cun�nt nN�t«n uxes�nd lnaal/msn�s ol of/ic/�/asa�sam�nta wi�h nap�cf lo whkh no p�n�/ty!a y�f
<br /> pay+Ws;provld�a Aow�vsr, tMf T�uitor nNd not aYach�rp��ny such/lsn ao lonp as 7ruator ihN/apn�,!n w�lNnp,fop�Y�h�o�i�dw
<br /> secund by such/i�n ln a m�nn�r ace�ptade to Bsndk/ary�nd rh�N!n yood l�lth conNtt tueh INn by�P�p��n/pN�oe�dhp
<br /> to pnvwnt th�a►/oresmmf o/th�U�n or tM lo�s ol�ny lntsn�t!n or parf o/th�Tiurt P1%oertY.��d+h�n�r�o plw t+�h^�aon�6N�K�NN
<br /> ;r�E:,�cft:;ar;::rne��dtm.!^ded ny g..r.licl.ry tn lneure comn/Lnc�rhsnwlth. Th�Bsn�Bcl�ry m�Y ln!►a iol�aYiei�Non dr/�nd tM N1n
<br /> oI rhis ONd o/Tivat and�N ooats�nd attorneya'lees incu�rod tiy B�n.lieliryln add ds/�n���MN b nlmburaa 6Y►iwrw er rad.o io ih.
<br /> Obtip�tiont.
<br /> 7. �A�s�nl M�r�ne�. �natni rh�ff k�ep tha bu!/d/npa�nd other lihprowm�nM now�xlstlnp or Mr��h�i�ncted on tM Tiurt Prop�rty
<br /> lnaund by l�iurane�canlas t�Nshctory fo B�nsf'rel�ry ap�lnet loas by Hn,h�r�rob ineluard!n tM t�nn '�xt«�ard eawrp�'and auc�►
<br /> ofMr Mrudi,c�aw/tla and cantiny�ncla.!neludinp wei d�m�pe lnsunnc�,�s�n�y b�i�qulrod by Brn�HcNry,In sucA Mna�nfa and/a
<br /> such p�rfods�+m�y b�nqu/nd by 8ens//clery. The Po!/cy allnsui�nc�shaN be!n Iorm icc�ptaW�to B�n�Hcl�wY�nd ihaN nof conf�/n�
<br /> drhnss b1otM on Colnaur�nc�,and shU/connin rh�atenderd provlalon rh�t no act oI M�B�nNkl�ry a ol Nr�AwrslPcl�ry'+ap�rrts a
<br /> Mpr�npt/wr wlq rwidrr tM pdk y void�a to rM 8rne11eJ�ry or aNect rhs B�/icl�ry a rlpht ro ncowr M e�n o/bsa,N►d IM powey a
<br /> poNe(�s ih�N pro�M th►t tM++m�maY not be cenc�Md a mod+/i�d wlrh0ut/iRnn Ildl d�ys pio�writt�n notk�to�►w1Pclxy,�nd Mr�
<br /> �p�y�pl�pro vi�fo�u!n/�voi o/and in lorm�ccrpr�b/s to B�n�Ncl�ry.All pnmlum+on InaurMC�poMcNa sh�M b�P�M tM m�nr►N
<br /> provld�scl unarr tM S�cNon�nHdM'funds foi Puym�nt ol Chary�a'Mnfn a,!/not p�W!n iuch mamsi by Tiurtor m�tlnp P�Nrwit�t
<br /> l�f Nf1Mn(iFil abYs P�to tM dw dat�aVncNv ta th��nsururc�cam'ir.B�nNicl�ry rhdl h�ve tM ripAt to fa/d rh�pt�YeJK and nn�w�Ja
<br /> tlwno!rnd Tn�ator ihaM pranpt�y/umiah to Bsir��Cliry a/l nn�wd nofkes ond�B pdd pnmlum r�nlp[a rocdwrJ Dy!t M no lwnf ah�M
<br /> BMNIYe%ry or Tiu�rM+br A�Id n+ponslW�/or/ai/un to p�ylnaurane�p�wnJumr oi lor�ny lass or dun�p�arl,rhiy out o/�tNMet!n�ny
<br /> poYcY or�ria(rp out of n y fa!!un oI rn y lntunnc�tomp�ny ro p+�y for�n y/osa oi d��n�p�lnaund+piin�f oi lor/�Ywr by Tnntor ro Hhct
<br /> y»lnwrw►t�r�qutnd Mnuvari.!n tM�vrnf of loa, Tiwtor thN!pIw prompt notic�by maN ro tM lnsunne�caM�r ind B�+NIYe_!ny
<br /> �/k/�ry nNy mWt�prooi ollo+s I/not mad�prompt/y or!n propa lorm by Tivator.AJf pollcln ot lnsurane�and anY and d!i+wraee of
<br /> un�+m�d pitmlums�n hsnby aaslyned ro B�J/cl�ry as additJond stcurlty/or tAs peymsnf oI the O6/ipallona.M tM�wnt o/bn�Ikl�ry'i
<br /> iurwcise o/tM powrr ol saM tonn�nM h�roln,or/n ths ewnf o1/onc%run,�ll ripht,NN�ai►d lnt�rost o/Tra�tor!n�nd ro+nY In+ursne�
<br /> po�cy tMn In/on�+hM p�s�ro tM purcMs�r at rM truttN'i+d�or/onc/aun iN�.In e�a�oI AnY losa,tM hawW►c�proe�h miY.+�
<br /> AM pplion o/BN�/1cl�ry,+br M�Jo+Wd by BM�licl�ry u/wn th�Obl/pationt,or�ny p�rt�herool,and Jn auch orabr a►�Mr►ount u B�rNNe1�ry
<br /> nNy dYrt�rminp:a r�ld(nturr►e�Proe�!dr,af.NN opNon of Mn�liei�ry,m�y KtMr b�u��d 1n npMCfnp oi rw+toriny N►�Trwt Prop�rty
<br /> p�M�My a rof�Vy obitroy�d ro+eonaYhon sausl�ctory to Ben�rciary;a s�ld lnsunncs procs�d+, or N►y porthn tMr«�!,m�y b�nlM�d ro
<br /> Tiwrw Unlas Bm�Nclary ind Tiusta othsnvls�y►N In w�lNnp,�ny auch�pp/k�tlon o/lnsw�ntl procNdt thaN not�xt�nd oi postpon�
<br /> tM dv�d�ts ol�ny not�cv pr�Mn�nt�vldanclnp tM Ob!lpafions,or any inst�Nmafta ca/hd Por�h�n1n, or ehanp�tM+mount o/iuM
<br /> M�rNNn�nts.1I d!e Tnat PropMy a�cquliad Ay&ns/iel�ry punwnt to the�x�rciss ol Ms pow�r ol e�N or otMi foncbaun,N/rlphG titN
<br /> �nd lnhneat o/Tiustoi ln�nd to�ny lntunnc�proctirdi p�Y�pN�►1�ieeult ol damap�ro th�Trost AropMy p�lor to tM�aN or icqui+ltlon
<br /> i/wP pui to B�r►H!e!��Y�nd ih�p b��ppll�d l/i+r to ths coeta snd�xp�ntsa,lncluaYnp�rron►�ya /Ni�incurnd Jrr colHcthp�uch pioce�dt,
<br /> NMn!n fh�m�nmr�ndln rh�ord�i prowrd►d h�rWn.Norwlrhar�nd/np�nyrhinp conblrnal Jn thl�S�ction ta the conb�ry,!I�h/s DNd of Truit
<br /> N on a condorniniwn or�town hovs��nd t/ron!t�msata lnsurmc�pol�c y In/oro�cowdnp th�tommon�n+++nd/�cNlNu�nd aN
<br /> epwbaMnlrNnr�nd rown hous�a lxifd!n fAat d�w/opm�r►t,th�n,unl�as oih�rwlss iwtlNed!n wrltlnp by th�Brn�Ncl�ry,tM Tiustor sA�/l
<br /> Mw no abllaation to mdnfl�n th�lnsunnee iequfnd h�nund�r,�nd wlll isaJpn NI b�n�l/ta and proeada nc�iwd M�non to fh�B�liel�ry
<br /> �nd,!n tM BM��c1�ry p aoll dlscnfion,nune th�B�ns/icl�ry as the namedlnsund on sdd polJcy. Wh�mver�uch Iniunnc�!+!n/orc�
<br /> /rpa�oMq+o/wMrha rbquettsd by the Beneficlary or noU ths t�us►or herebY�uthort:�a�s�B�nsl'ft+ry�o c�ncN such lnaunne�wMnewr
<br /> rM qvN/kl�ry aNNrmins�th�t such Insursnc�da�not sdsqu�te/y p�otevt rhe BsnNicl�
<br /> �, /rwrrwebn�nd M�b�bn�ne�0/Tiwt Trustor w!lJ ks�p th�bu!ldlnps rnd other Impro�✓n�nta now or h�n�lNr�nct�d on tM
<br /> Tiu��pYqvNfy in yoodnp�!r and conditlon,o in�ry dsproclatlon sxceptal,and eh�ll provkh�A'utNlry sNVlc�a n�cua�ry fbr M�opN�tlon
<br /> �nd pnrsrwpon oI tM Troat Phop�rtY. Trustor wiN nof commlt or psrmlt w�st�, wlll not�fts�ths dalpn or anucfwal eMracnr conaNfuNnp
<br /> •ny buikY►rp now a Mn�ft�r�rtctM on�nd contNtutlnq�h�Truit Propsrty wlthout�M pNor writNn:ona�nt o/�lklary,w!N not db�rrY
<br /> �ef a MY►p w1►leh w+w�ld vnob/y impalr or d�pnal�n th�w/w oI tha Tivat Pro a►d wlll not ebnw�ai th�Tiutt PropMtY• Tnaror w!M not
<br /> n�rnovr MY 11xfv�s conif/tudnp fhe Trvaf Prop�rfy unl�ra tM a�mA M/I!mm it �a�d wlrh l;ke prop�►tY auqkct ro M�!hn�nd
<br /> I�curlfylnNnst of th/s Poed o1 Trust eAd tl1 at/eaat equd velue and uN/lty. Trustor w/l comp/y w/th a//prssent end/utun ordin�nc��,
<br /> nq�1•1loni�nd nqulnments o/any povdmmsntal6ody whlch�re sppllceble to the Tiust Property�nd to the occup�ncy�nd use th�no%lf
<br /> thT1 D�+d o/Truif!a on�unit ln�condominlym or a pl�nned unit deve/opment Trustor ahall perlorm all o/Truator't obllpaflon�und�i thi
<br /> thCMi�Nons or eown�n�s aroet/ny or powrn/ny tM condom/nluin or th�pl�nnsd un/t devs/opn�nt,tAS byl�wa�nd repuN�lona ol th�
<br /> oono�unMnium or pl�nnM un/t developmenf,�nd th�co�st/tusnt documMta.
<br /> �, My�otlar. B�nsl�cl�ry or!t�agsnts may,•t ell rosronyGe times, enter upon the Trust Pioperty for ths purpote oI fnrpectlon lncludN►p,
<br /> ��M�r�ii�on illt mekea ois%al/a to m�ke�inyssuch lnapectlonty to make such lnspscUon snd ahell not be/IaWs to Trustoi or to anY
<br /> �Q, /yrMaMa►o/S�ewIW !/7►uator Ialls�o psdam any ol the cownants�nd spreements conta/n�d in thls Ds�d o/7ivat,or!/any�ctlon
<br /> prpro��Wp!a comm�nc�d whlch doee or msy�dwrsely allect rhe Trust Property or th�Jntersst of Trustor or BsnelkJ�ry th�nln or the
<br /> NMr oI Trwfor fANVfo.M�n B�aNlclary,at ft�opNon,may per/oim such cownanro and ayresmsnfs,m�ke such app�annce�,do%nd�p�ln+f
<br /> �ncVo�/nv+MN�n aucA�edon oi procssdinp�nd f�ke such orhsr seflon�s BeneflcNry dNms neaeaaery to proteet/ts lnt�nat!nc/uaMnp,buf
<br /> np�Ah►INd fo,aWbupNn�nt oI n�san�bls�trom�ys'In�and�ntry upon the Tiust AropeKy ro mske rop�Ns.Any�mounts aY+bdnW or
<br /> Ir�cwrrd hy Nn�/k!��y�p..unwnt to tAls SecNon,lncludlnp,but no�l!mlred to,rsasonaWe ettomeys'lesa,wlth/ntsrost th�non,ih�M
<br /> comNw►��abrrbnN o�p�Nona i�cwed by thls Oe�d of Truit.Benel/el�ry Is l�enby ylven�n frreva�d��ow�r o/attom�y fwhlch pown/s
<br /> �,M y���wnan�s Md�ynsmsnt rto rbs pns���b��Ms TrL���t hs�e/n provl raMd.s Un%at Tiutto�ndruB�n�lic ry pn�fo
<br /> pfM►fNma o/pwrNnf,sueA amounn shrll br p�Y�b/s upon norlse lrom Benelic/ery to Trustor reqwstJnp p�ymMf th�nol,�nd sheN b��r
<br /> lnNrr+��/ran 1M d�t�ol aYiDumHnont or ths danlncun�d�t the rats as�lorth!n the Note or ths i�t�provl�d in th�mo+t nc�nt obl!p•fion
<br /> cowi�d by fh�dwnntY, urfNsa payment of lntsrost st avcA nrs would bo contrery ta appl/c�bls/ew, in whlch ewnf auah�mountt�Tiil!
<br /> pNr l�il�ne�1�t fh�hlpMtt rit�W�nitted by�pplic�bfe l�w.Noth/np conf�lnsd/n rhla parapnph shN/rsquln B�nNicl�ry ta lncur�n y
<br /> «rp�na�w fM��MY�cNan Mnundsr.Bsrr�lici�ry tha//,•t!ts opNon,De subrogeted to en y encumbrrnce,llen,c%Im or demind�nd ro�ll
<br /> ikhla,md��cudrl�a/or fh�p�ym�nt thereol pild or dfschirped by Beneficfary under�ht provlslons hsieof snd�n y such suDrop�tlon Ny��.2 0/6
<br /> rFMr M MdalUond�nd cumul�hve securify lor thfa Deed o/Tivst,
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