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„_. ��---. --- ----- <br /> �� _.�..�x11L� 1� .�.,I..��lt'{1(.�.�rR��Q'J1�ll��S.y.�1�it"3'�av�.�.'�"..... <br /> �,�� /v �/U-�`� - <br /> brokers,and servica contracts with any entlty. whlch ase i�any w�y rGlevant eo the development, - <br /> improvement,leasing,sale or use of the Property or any personal property located thereon;and <br /> all of s.,id items whether now or h�reafter installed being he�eby declsred to be.for all purposes of this <br /> Deed of Truat, a part of the realty; and all the estate,interest or other claim or demand, including <br /> Insurance�in law as well as in equIty,wliich Trustor now has or may hereafter acquire,in and to the <br /> afonsaid property;the specific enumeratlons herein not excluding the general. 'The Praperty and all <br /> of the faregoing shall constitute the"Trust Property”. <br /> 'fhis Deed af Trust is made for the purpose of securIng,In such order of prtoriry as Bencficiary <br /> may elect: (a)payment of the indebtedness in the sum of$1,000,000.00 evidenced by that certain <br /> Deed of Trust Note of evcn date her�wlth made by Trustor,delivercd t�Beneficiary and paynble to <br /> its order,with final payment due on the fu�st day of November,2007,which ls the maturity date of <br /> ' this Deed of Trust,and any and all modifications,extenslons or renawals thenof,whether hereafter <br /> evidenced by the Note or othcrwise (the "Note"); (b) payment of interest on said indebtedness <br /> . according to the terms of the Note; (c)payment of all other sums,with interest as herein provIded, <br /> becoming due and payable under the provisions hercof to Trustee or Beneficinry�(d)perfarmance of <br /> . each and every condition,obligation�covenant,promise and a�reement of Trustor contained herein, <br /> � or in the Note,or in any loan agroement relative to any indebtedness evidenced by the Note�or dn amy <br /> -, securlty agneement or deed of tnast at any dme gtven to secure any indebtedaess hereby secured or any <br /> part thereof;and(e) payment of such additional sums with interest thereon as may be henafter <br /> - a�yan��3 h�4r borr�x��d fmm t�!�RPr.Pfciary,itq auccessors or assigas,by the then record owner or <br /> '� owners of the Trust Property when evidenced by another promissory note or notes which are by the <br /> Y terms thereof secured by this Deed of Trust. To the extent permitted by law,any sums hereaftcr <br /> advanced by or borrowed from Bene�ciary,its successors or assigns�shall have the samc prioriry as <br /> the or�ginal sums advanced by Beneficiary and secured hemby. <br /> Tn�stor's CoveaAnts and Wam�ndes. Trustar hereby wan�ants that: (a)Tmstor is the owner <br /> in fec simple absolute of the Property and every part thereof;(b)the Trust Property is free�and will <br /> be kept frce�from all liens and encumbrances,except those accepted by Bencfictary in wdting,and <br /> Trustor will defend the title hereby granted to and in favor of Trustee and Beneficiary as against all <br /> ��, and every person cl�iming or to claim the same;(c)the loan proceeds are not for use ptimarily for <br /> t personal.family or household purposes;(d)to the best of Trustor's knowledge after due inqairy into <br /> previous ownerstup and use of the Trust Pmperty,th�re are no Hazardous Substances(as defined <br /> below)located on the Tcust Property and Trustor will not place or permit to be placed on the Trust <br /> : � Property any Hazardous Substances(as defined below),except ln minor quantities as necessary for <br /> , the operation and maintenance of the Trust Property,used and stored in accordance with applicable <br /> law,or in the form of consumer products held for retail sale in sealed containers;(e)the Prop�rty is <br /> � zoned for the cxisting or contemplated use of the Property;(fl the Property is in compliance wlth all <br /> zoning,subdivislon,and environmental laws,regulatIons,and ordinances applicable thereto;all deed <br /> � restrlctions,subdivision and building ordinances and other applicable governmental laws Lincluding <br /> the Fair Housing Act and the Americans With Disabilities Act,as each is amended from rime to time) <br /> have been fully complied with; and Trustor has all licenses and p�rmits rcquired by governmental <br /> ' Deed of Ttust,Au��nment ot R�nn,Secwity AQreement md Rintwe Filin�(NB•9/97) <br /> PA08 3 <br /> - ---- — — -- <br /> � _ ,° . �,�, ---- _ _ <br /> � �v.4 s}� ; �, ' ; .�,���� �F,d — — <br /> ` � e . <br /> �.i a. ! vc <br /> e1F�� ' a. rc•. ra�.�c .t� — -- — ="-._. _..--- <br /> t';t , .. _� .. ,;.,' 4"L `;�'"(�y'� p ^,�} � <br /> .rfi.�'. . � . •� . . 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