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<br /> adv isable, und without Affecttng in any way Beneficiary's �Ights hereunder as against the Trust
<br /> �o�rty,may:
<br /> (a) Extend nelease,surrender,exchange�compromise� discharge or modify any rlght or
<br /> obligadon secured by or provIded by this Deed of Trust or any other instrument
<br /> sacuring thc Note,or
<br /> (b) Take any other acdon which Beneficiary may deem reasonably approprlate to protect
<br /> its secudty Interest in the Trust Property.
<br /> r 18. Governing I.aw. The law of the State where the Ttust Property is located shall govem
<br /> � the validity,interpr+etation,constructlon and performance of this Deed of T�rust.
<br /> i
<br /> � 19. FjnAncial Statements. Within slxty(60) days of the close of each calendar year,
<br /> Trustor shall furnish Beneflciary�at Trustor's expense,all in a form satisfactory to Beneficiary and
<br /> � ardfied by Tnistor or guarant�rs,as the case may be�wlth(a)annual statcment of operations of the
<br /> ' ProperRy,stadng thai such annual statcment presents fairly the financial conclitIon of the Propezty
<br /> �; bei ng nported upon and has been pnpared in accordance with sound accounting principles
<br /> consistently applled,@)the financial statement for any tenants In whom Tcustor has a controlling
<br /> 7 Intecest,and(c)Trustor's�nanclal statement,if Trustor Is not an individual.The annual operating
<br /> �
<br /> J statement shaU include an annual rent schedule,and a schedule of gross nceipts of each tenant who
<br /> i is obligated to pay additional rent based on a percentage oi gross c+oceipts.
<br /> Z0. PrepAyment ChArge�. Prepayment charges wlll be imposed,aa specified in the Note,
<br /> to the extent permitted by law.whether the prep�yment is(a)voluntary, iuvoluntary,or by operation
<br /> of law, (b) in connecdon with a default in psrformance nf the payment obUgatians or any oth�r
<br /> obI igations under the Note or under any instrument securing the Note,or(c) requircd by Beneficiary
<br /> as provIded henin in connection with a transfer or contract to transfer the TNSt Property,providCd
<br /> that no prepayment charges shall be added to sums pnpafd with casualty insurance procads or
<br /> condernnation awards,or when the Note is prepatd within ninery(90)days of its maturiity date.
<br /> 21. Noticeand Opportunity to Cure. NotwIthstanding any otherprovision of this Dad
<br /> °� of Z'�ust,Benefieiary shall not accelerate the sums secured he�eby because of t nonmonetary default
<br /> ' (defined below)by Trustor unless Trustor fails to cure the default within fiftxn(15)days of the earlier
<br /> - of the date on which Beneficiary mails or delivers wrltten notica of tl�ee default to Trustot. For
<br /> ��q purposes of this Deed of Trust�the term"nonmonetary default"rmans a failu�+e by Tcustor a any other
<br /> � � person or entity to perform any obligation contained in the Note or any othcr Loan documant,other
<br /> , than t�ae obligatian to make payments provided for in the Note or any other L.oari document. If a
<br /> ` no�monetary default is capable of lxing cured and the cure cannot reasonably ix completed within
<br /> t tha fiftan(IS)day cure period,the cun periAd shall be extended up to sixry (60)days so long es
<br /> 'fruator has commenced action to cure within the fifteen(15) day cure periad. and in Beneflcisry's
<br /> opinion,Trustor is procading to cure the default with due diligence. No nodce of default and no
<br /> ' Dead dTmst.Asalpima�t of Reot�.Securiry Ap�eement�nd Fiature FAlej(NH•9I97)
<br /> PAQB 19
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