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<br /> v " � (o) All,appllcable lewa and repulatlons,Includnp.wllhout Ilmiutlon.the Americani wfth Dltabiutlss Act,42 U.8.C. Sectlon t2t01 et seq. (end al `�.�;.:
<br /> . ropulatlons promulpetsd thsreunder)end ell zoning em!4uadiny laws end r�gulations relatinp to the Properry by virtue of any lederal,state or muNcipel
<br /> . authority with Jurladietion over the Prop�rty,pnssNy en snd thall W obNrwd and complled with In ell meterlal respects,and all riphte, Ilcenset, ,;
<br /> permlte,end cerllHcatsa of occupancy pndudnp fwl not Ymit�d ta zoning varlana�,�ptclal exceptlons lor nonconlorming usee,end Mal Inspectlon��
<br /> epprovale), whsther t�rrporery or p�mrnont,whlch ar�malodel to Ihe uae and occupancy ol tho Proporty,presontiy aro and ehnll be obtalned,'
<br /> � preservad end,whare necas�ary.ronewed:
<br /> (d) drnntor hae ths rlght and li duly euthoriz�d to ex�euu end p�Aorm Itf Obliqetlont und�r thl�Daed ot Trust and thoae actlone do not nnd ehall not
<br /> conAlct wilh ihe provlelom of any�tetuts,reguletlon,aditunce,rule ol law,contrect or ath�r agre�msnt whlch may be bindinp on C�rnntor nt ony tlme; �
<br /> � (�) No actAn or�xoceadin9 Is a ahall b�pandng athreeunad which might rretsrlally afl�ct ths Proparty:and
<br /> (i) Oranta ha�not vlolat�d and eheli not vloleu any tlntN�,r�pulation,ord�„aoi�Lsndsr'����rect or oth�r epre�ment(Indudi6 gnt�ta thte�o��
<br /> � ihoae goveming Hezardoua Materlals)whlch mighl matedelly ettect ihe Pr phts or Intsreat In the Properly pu
<br /> Truat.
<br /> �'����� 9, pRIOR DEEGS OF TRUST. C3rentor rspresem�andwartants th�t tMn an no Prlor do�ds o1 trust ettaetlnp eny pan o1 ths Property exoept ao bt forlh �
<br /> on 3cheduN B attech�d to thlf Dwd of Trust,whleh OraNa apre�s to pey and psrlorm In e tlrrrly menn�r. R thero ere any prtor deeda oi tmst thm -
<br /> ��c+� ch d -
<br />. � Cirentoc ayre�s to pay ell�rtwuMs owed,end PeAorrn�I°b�0at�°m nqu�nd,und�r such ds�ds of tru�t and the Ind�btsdnsss sswred thereby and furth�r -
<br /> L h�ein6or In tfhe Obilyetbnsrto whi�Len�would be emUlede�n�fhe evsn�of�any mhs de(aulst and ahell�ntitle Undsr to all rights and remedios oontaln�d r-�"�
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<br /> . ,+� 4. TpAN8FHR8 OF THE PROPERTY OR BENEFICIAL INTERE8T8 IN OR�T��OR B���Eor eny Inte�eat ihero rin or lof e or a y�benefidal "
<br /> � contraet tor dsad or transfsr to eny psraon of en a any P�of tho real propeAy - -
<br /> Int�nst in Borrowsr or dranta(If Bortowa or Orentu I�not a naturalp�r�on or p�►�ont but�t a Corporetlon,urNad ueainy comRany,pannership,trust,or
<br /> olher Iegei sntity).Lerxisr may.et fls optlon dede►s tF�outtlendlnp p�lndpel beiana o(th�Obllpatbns pius ecc►wd intorsat thoreon imrt�ediately due end
<br />• � payrtn�sro,an epptopdet�d ihe exmtent ofBheRir es�pedNe ow ershlp I�ntereats�mi�8���s ttet�mml eariing fath ell of Its stockholders,rr�ernbers,or
<br /> � .,.
<br /> af
<br /> �.i_ � ., 6, Agg�ONMENT OF RENT3. In oontlderatbn of 1he dbllgat�ont�wh�ch ere eeeursd by ihie Dsed o1 Trust,(3rantor absoiutely asslgns to lsn�r�a�i!
<br />- � Grentors eetate,�M trile, irriarsst,daim and demend now ow�sd a hsroarier aoqulred In ell axtatinp and tuture lessee of the Property(I
<br /> �xunNons,ren�wals and�ublaaws),all agreermnte tor uw and oeeupency of the Prop�rty(a!I weh lease�end a9rwmenta whethsr w�tten a orel,ere
<br /> hernaller referred to a:tho'Leasee'),end ell�ua TAfAIl6 OI IBSE60b'pertortrence unds►th�Leasss,togsther wflh the imrnediate and contlnuinp right to
<br /> cdlsct and recehro all of the rents,Incwme,rloe�pt�rw�n�h Lea e�or h m or ertsing�out of t e Prore�Inciudin aminlmum remsaddtttone� ►�erasf �
<br />�:, - ` eny nature wming due dudng any redempl Pa «1) h PB 9
<br /> � percenteg�rems,petWng or eortmun ena rtpinterw�°e oor►tribut�om,tax end Inwrena corrtributlonb d� cbncy rerAe, Ilquidated derre a following
<br /> defauft in any Leasa.e l l procen ds P a Y a d e u n d e r an y p ol k y of Insuranco coverinp bss of rente resufling hom untenantabllily caused
<br /> by atnktlon or
<br />�.• ' demage to the Prop�rty ell prooeede payeb�:as a resuq of a kasee'e exerdse of an oplion to purehase the Property,e tl pr o c e e ds d er iv e d h o rn 1 h e
<br /> temdnation or reJsctlon ot e�Y Leass In e ban{m�pteY aother InaoNancy p roce�ding I oef he' v0eare he eafter a�olleethre�ly retbrred o as�te Rem Gr Thls
<br />- me have aaalnst eny lessee un d e r t h e L e a s e e o r a n y o c e u p a n t a o f t h e P ro p e r l y(a i� a o o
<br />- ,•� �a s�p nmeMTs subJect to ihe right.power end eahoriry plven to the Lender to collect and�pP�y lhe Rerta Thia assignment Is recor d o d In aaor d e n c o w f t h
<br /> k a b le state Iaw;t he I l e n ueated b y thla asslgnment le htended te be speciflo.perfeaed.and choale u p o�"Qna o�r thla D�e e d o f T�u�l.ender�g r a nta
<br />- �' '`,, provided by applicable staie law at omended(rom tkne tc tkne• As�ang es there is no dofault under the O b l i
<br /> Cirentor a revocable Ileense to eolleet ell Reme(rom�he Leases when due and to uae suoh proeeeds�n Q►entor's 6ueinetsoperations. However,Lembr
<br />-° � miy at eny time requlre Oranlor to depaslt eil Rerrta Nto an aaatnt melntained by Citantor or Lender at Lenders Institutlon. Upon defaufl In the payrrent
<br /> of,or In the perfom�ence ot,eny of the Obllgatlons, Lender may at its oqbn take posseaalon of�th�P�operty�'�e all Rerrts hana�thelProperhi.en�1 t�snder
<br />� Property on terma end for a pe►!od of time that Lender deenw proper• Lends►tr�aY P� d
<br />_ . : . Lender maY epP�Y ell RenU In
<br /> -> shall have lull powar to meke afleratlona,renovetione,repelrs or replaesmantt to the P as Lender rtmy desm propec
<br />_ . —_ �snaer's wia asaatiw�i��ayrratK et ihc�.""„si4^^"^r�o the payment of the coat o�efterationa,renovationa,repairo end replacemaMs and eny
<br />=V,_ � , expenses Inddent ta l e{c inp an d r o t aininp p osaeaalon d the Property perlodleal�Y end�he tre^agement anaoperation of ihe Propnriy. i.dr�r rray�-��h�
<br /> � • property properly Insured end r'r�y discharge any taxas, chergea,dalms,asssaamant�end other Ilena which may i�toaue, These�amou 6 a to8ethe w h
<br />-''•,,. , a e t l o n s m a y be p a ld from the Rents recehiod.end eoY unpaid artauntf aheli be added to ihe pindpel of the Obl
<br /> ri.•<�°-
<br />=+c .,. � other coate.ahal i Yecome pert of the O b l i g a t tone ae e u n d b�'t h i s D e e d o r u a t.
<br />==o;+',�;.�y�r,,
<br />' �,'.,>„,,;y;�' 6, LEAgEg AHD OTHER AGREEMENTS. C�rentor she�l rat teke or feN to teke any action which rrwY cause or pemit the terminatlon or the withhotdirq of
<br /> '�' f'^,•f�'�L?;. any paymer►t in oonnection with any Leaae or olher a0raement('A9reert►ent'1 Pertalning to ihe Property. In edditbn,oremor,wnno�s��aers�or w�nen
<br /> +'�; �ti� consent.�hail not:(a)eolkct eny moniei payads under arry Agreement moro than one month in advence:(b)modilf�enY Agreement:(o)asetgn or ellow a
<br /> 3.�,,,;� - �fen,eecudty Intereat a other encumbrenee to be qaeed upon(3rentor'e dghta,title and irrtereat in and to any Agreernsnt or tha emounte payebte
<br /> r`�'� � thereunda;or(d temilnats or canoel eny Agreernem except tor ihe non yment of any sum or other matedal breaeh by the other party thereto. If C3rentor
<br />-`�._,:.�` .• .
<br />-;�-,�.z��, recNvea at eny t�rrM enY wrltten cortrr�nicalbn assenfng a defauR by rentor under an Apreemenl or purpoAing to temdnate or cano�l any Agreement.
<br />��:`�;^� �• Cireurtor shall promptly faward a copy ot euch corrnuilcatbn(end anY subsequent mmmunkations relating therelo)to Lender. All such Agreements end
<br /> -�s�.:_ the emounts dus to Grantor theraunder are hereby aseigned to Lender aa additional sewrity fa the 0611gations.
<br /> �;;:��.� ty�
<br /> -- �CpLLECTION OF INDEBTEONESS FR061THIRD PARTY. Lender shall be ernitled to n��r��Indebtedneaa�obligallonrow pt to�arento�rwith
<br />��.-rr.�"� not Ilmited to,lesaees.Ilamseea,�rrbntd authaftiai end Inwrenai oompenies)to peY Y
<br /> r r��..-�� m� to�hs propeRyr(eumuiat v�ly Indsbi�dne�t') wh�1Mr or rat a detauN existe undar thfa Dead of Trust. drarda ehell cillgeMly colled ths
<br />--...:,,r�,i �ndebtedneas owing to Ciranta ftom thoae thkd Pa►�bs u�il the glvinp of such notiflcatlon. 1n the event that Cirentor posas:ses or reoahrea posaesabn ot
<br />��;c,�,- - eny instruments or other remittencea whh reapset k the Indab�ednec�toliowing the giving of sueh notifleatton or it ths innruments a other remittences
<br /> ____r . eonatitute the prepa M of any Indebtednea�or the paymiant of eny Insurance or condermation proceeda.Grantor sheli hoid such Insuumarna end olher
<br /> _. ..':•k remittences in tru�t or Lender epert irom ks a�hsr properry,endorse iM inetrumante and other romittanaea to lender,�I dmrr�d(ateoihe ise M�wi�
<br />-�_�ali�!�:;�: _ pcssesalon of the Instrumants and other remmanee�• L-ender ahall be arriltled,but not requlred,to oolleet(by legal pr )•
<br /> time far peyrtwnl�cor►Fromise•exehenpe or reNase eny obli{�or or eoNateral,or otherwlaa settle any of the Indebledneas whether or not an evam of detautt
<br />"-"��F'� exl�ts under thie Agreertient. Lender ahali not be Ilade ta Orantor for any actlon,error.mlatake.ort1asion a delayperteinlnfl to iFw actions desulbed In thia
<br /> __ ,,; a an darrnges rea�nme tMrotran Notwilhatandng the toregoing, notNng herein shall eause Lender to be doerned a
<br /> —';.�y.� -.. ����fbpDE bElOtt.
<br /> � --�"�.,�'�7.
<br /> �� 8. USB AND MAINTENANCE OF PROPEATY. C;rer�ta shell take all adbm end rt�eke any re�re needed to meinteln the Properry In good condticn•
<br /> _-�_�.._...,_..
<br />-° C3ramor�hall not oom�Yt or pemit anY weste to a oomnittod wNh ra�pect to the Propertlr. rentor ahail use th0 Properhr cdaly In eompllence w t
<br /> '��!�''' � � app�ica6le Iaw and Inaurenw po��dss. �renlor sheY not meke any akerations,addtlone or lmprovememe to the Property wTthout Lender's prlor wrktan
<br /> :.� +�`�;a�, ' �pneMt, WMhout IImIUng the to�ng,ell alleratloru,addtiaia end improvsrtbnts rrrde to the Proparty shail be subject to the beneflclai intereai belonging
<br /> v ro Lender,sheil not be rertwved w thout Lenders prbr wdnan oonsent,and shall be made at Cirentor'e aole expense.
<br /> i ' • s p. LOSS OR DAIYIAOE. Granta aheJl bear the er�Yre tlsk of any loss,theft,deatructlon or de►nage(currulatively"Loss or Damepe)to 1he Property a any
<br /> rre
<br />-- � portion thereof fram eny o u gu�to���d to tLendaethe�ea$In the fair rt�iarket�luo of ihe aftected�Pr�operrynder,repalr t he atfected Property to rie
<br /> ;. previous condilton or PaY
<br />� 10. INBURANCE. The PropeAy wlll be kept Insured for Ils tuU Insurabte value(re acement cost)agalnst all hazards Induding loss or demege caused by
<br />� flood,earthquake,tomado end fire,iheft or other casuelty to the extent requir by Lender. Cirantor may obtain insurance on the Property hom such
<br />- :- companles ae are acceplaMe to Lender In Ne aole dacretbn. Tha insurance polldes shall require the Insurenee eompany to provide Lender with at least -
<br /> - 3 0 days'wntten notioe befae such polldos aro aftered or eencelled In any menner. Tha Insurance polides shall name Lender as e loss
<br /> �epee�oDfire'that no act or omission of pranta or any olherperaon sheli aBect the righi of Lender to be pald the insurance proceeds pertekdng to the
<br />_. ; � b a a or damepe ot tho Property. In the evem(3rarna falle to acqu i ro or meirrtain inauranee,Lender(after proNding notice as may be required by law)may
<br /> � a b le and beart Irnerest ae
<br /> In ita diseretlon procureappro�r1ate insuranoe wverage upon ihe Properry nnd the inaurence coet ehall he an advance pay n8
<br /> F• daacrlbed In Paragraph 23 end cecuted hereby. C3rentor shall Iumish Lender with evldence of Insuranoa Indicating the requlrad coverage. Lender rrey ad =
<br /> ' � as attomeyIn•fact tor Orentor in rrreking and seriMg dalms under Insurence polides,canceliing any polle or gnd delwered to Lende as funho�securitY `
<br /> ; negotleWe InslrumeM drewn bY enY insurer.All audi inwrance Ildes ah�ll6e irtmediately asslgned,plec�ged r_
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<br /> ....w nwwf��r,� �n�he event ot losa, Otarrtu shad ately give Lender written notice and Lender�ls au ho�zed��m�ake proha o�f�loss�.��aon
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<br /> ` In6uf8(1C8 COrtp9�y 1a dif8Gt8d to rt1Bit0 PaY�rlib C1reCtly to Lenoer insieaa or�o�w�uor m�.u d�M. ..o""��.,:• --....-.- - -
<br /> apply such monles toward the Obllgatlons a toward the cost of rebullding and restoring the Property. Any ertbums maY at�Len�er'e option be appCed In �
<br /> the Inverso order of the due datea theroof. �
<br /> 11. tON�NG AND PRIVATE COVENANT9.Gramor shall not Initlale or consent to any change In the zoning provislona a private covenanis aBeclln siohn
<br /> - use of the Properry wilhout Londer's prior writton consant. If Qrantor's use o}the Property becomea a nonoonforming use under any zonlnp provi
<br /> l.ender with writtengnotice of any proPcaed changaato th�e o�nin�g pr��n�wP�tvate1covenants affeectl�ng he Pmperty.r. Grantor will Irrmediately provlde
<br /> - 1Z CONDEMNATION. �rarrtor sh�li imr�ediately provide l.endor wfih wririen notlee ot any actual or threatonad condertnation or eminent domaln
<br /> <� oceeding pehelning to tho Property. All moniea payede to f3ranta from such condermatlon or teking are hereby asslgned to Londer end shaM bo led
<br /> , �etmta�ln�000edings end ihen�,at h optlon of Lander.eS�e payment of theObllpat ona o iha epre toratlan�ot repal oi�the Property. ndermatlon o�e nent F
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<br /> 1 NEDOiB R�v.2/97 Pp�2d8
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