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<br /> � r `��`' �'``r pt p�.�OVI�j�t SVI$pEiSOII�]pS0�2dt�/14 IC�30Cd Wit$OtjlEi�D81 plOpCi[y►8t Tf�4[�III V8��O tI1C t E.
<br /> �� y` � F� ProP�Y• fiee �onu any titie �a a�vine. so�ity � ur ath� � �te �:
<br /> . 6.`�.. :��: � ��PmP�Y�Il be de�e��ect to the�auity�aeat�by this Deed of Trast.Tinstor s�a12 ,.;-
<br /> 4<<�:r �`�:;�� nnt�pa�''n ar svbdivide the Pmperty witIImu B�ne&c�uy's p�or wciuen oon�t.B�s3aiy oz BeaeficiazY�s ag,euts ��.;:�
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<br /> .:�=-�:::�,��:::;�_` � may,at�y's vp8aa.�ntec tLe prope�tjr at a�r�asona62e time for tt�e puzp�of laspactIng tLe PnoPectY;�y �-��^,
<br /> ��� A . ; ;a�p�t,of ase Pmp�cy shall ee ennrdy for B�oary•s b�efis aaa Tm�r wiu m ao v+ay rely an B�y's �.
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<br /> '� �`� 13.AtPISO�YlY TO P�ir'081�9.If Tznsror fails ta perfoim aay of Tmstor's duties�this Deed of Trost,or a�►atLer ..
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<br /> �,.�4:' �ge.deed af�m*,seaunY��r odiez tien doc�nt t�at has parniiy over ti�is Deed of T�st.B�9 ,t�-
<br /> ,. -- �t,�aoi�e,F�the duties or cau�se th�to be perfamned.Tzustor appo�B�efici�9 as auome9 in fatx to ,�
<br /> r ` `' siga liastar'S name or gay aay amouat neoe�azy for pezfomrance-qf anY��aara�on the Pcopercy is�or � ;,
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<br /> ,� :,s: not canIed on ia a�ble m�n�.BeneSaarq�►do wharev�is neoe�sar�►to pmud B�siary's se�urity mieaast ,
<br /> :�. ;}: ia the Fcagetty.This may iudude oompleang the canstcuction. � _
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<br /> ` :.'�r� g��ry,s rig�w perfon�for T�tos sball aot cceart an otrligativa m pedoim,and Beo�oiaty's fa�e w per6o3m „�.
<br /> . - �,:�: an'g not p=edade B�ciazy fiam�g�y e��I+�g��dnd�.the!aw or this Deod of Tinst.�laq -
<br /> � t. -` amannts�d 1+Y � � ���• P�S� ��e 1nO�S tHe Pcapesty aad Heae�y's secu:itY
<br />':'� .:'�; .'i:•`i' iate�est wID be dne oa d�sd aad w�I bear inte�est fmm�e date af die payment uan�p�d ia fnli at the��Le ia �.F;'
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<br /> `;�� effect from time m tnue acrn:ding w the tenra o f t h e E v i d e a u o e o f D e b t.
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<br /> `'"' ffid SYlIS es B�Ona1�tity 81I tbe. �
<br /> . 1 --.z� 14.A�+SIQ�ID�T OB�.EAS�S ANID RF,�1'S.'Fr�stnr inevoca6tY A�•�� *�
<br /> ' ' .�4��: tiglu,tide aad iat�est ia ffisd w�q�d aD:
<br /> �' ., p. E�trog or fWme teas�s,sableases,licws�,gu�and au�►atba writt�or veibal a�for tl�e ase and � ''
<br /> - .,: `;v,.�` �Y��!►P��n of t�e Propaty,�S aa9 au�ioss.�a�s.�ons ar sabs�tions of �.
<br /> �., r� : s�a�(aD nef�ed to as'I�ses'.
<br /> fE ' �y,._' , $. RP��9s lSSQPS$II���IS(2�LCfC(IOf�10 2S�R�1S"�•�$�UL��LO S�1LS/��s��+ .
<br /> r .._ F.;.ti petc�ge�t, additiaaat reat. �muauo a�ea maiat�e �atg,es, Par�mS �'� �tases, att� �
<br /> r _ a�'" f.� spp licable t�ces.insuiaace psemm�canutt'butians.1�qa4dated damaSes follawing de�t� c�11�Fon pn�s.
<br /> °� , 't�s of s�ts°�.rev�.mYatties.Pm�eds•b�.�d aB rig�ds aad claiias wLich Tmstar ma9?tave
<br /> f �- �-�� thai�ts s��ay ge�s to or is an�ecouat of the ase or ooaipamg of�e whale as aay part of the Fcapenq. �.��
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<br /> ,�:w..�`. .IY�wffi g�ampttY r�+Ide Henef�tats►wlth ceae�a a�rc�x oopi��of an e�g�!f�e L�s.�may �:
<br /> _ .. . � �; mllect.zec�ve.en1oF and tue Bse Re�ts so tong as 1�astar is not in dcfaal�Tmstos w�t aot sultect ia advaaae a�►R� _
<br /> � ;:e=-. dae iu liat�e I�e per�Ods.aal�s'14nstot fttsE olrt�ms Be�&c�S►�s writ�Qonsc�t.Upoa defantt,Tcustar an�l tecelve =
<br /> ,•...���.•:,: :� anp Reats i�►trust tor B�7►and Tinstai w�l not com�iagLe the Reats witb aay athet fands.An9 a�rs coltected :
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<br /> :y,.° . . �:;`:_��` s�be�lied at g�y+s discc�ioa w paym�rs on 8te Se�ed tlebt as the[eia gmvldeA.m cos�of maa�g�ng tLe —
<br /> rr,:.� �,:_A.`_•.. .. 1,..� ��f �����p�j�� ����p `.� M .
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<br /> :�:�`;:;`R_:'y.�;�;_'�':,�r a��aud to anY ather necessac9 zela0ed expeo�iadud�a8 BeaeSciaz9's atiomeqs'fees.Fa�I�al fees aud aaust oasts. ' .
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<br /> ., �,� 1ltostc�r admaw2adges that this�is perfecced t�pmn the�g of tLfis Deed of'IYust aad tl�ai B�e&�y i�
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<br /> .: n�,.., wtitte�tu�mdPy any oY 7Yasto:'s teaa�s to make payment of rects due ar t�'�e dae w Bene8c3a�y. Howeveti
<br /> B�ciae�►ag�r�ea that anlq on defauIt w�71 Beaefrc�q notify'i'caswr aud 1Y�r's t�oants aad make det�td��at ail �
<br /> `�:":t :: :�'�:�;, � futuce R+ems be paid directIy m Beue&daey. On�eceivfig tbe r�ce of defanit,�astor arID ecdotse and�deHver to�
<br /> .n._-' :.;,,, fr B�e�q aaY PaYmeuts of Reat ia't�u�r's poss�aion. � �
<br /> '`I";'�• 'l�asoar aav�fs 0at no def�►It exists uader the L�sea or a�ry applicabte tauNord law.Tt�ator atso cav�a4d agrees � �
<br /> "� ��,` w�a�taia,amd W�qidre the t�aats to oompiy.wIth,the I.e�es au�any applicable laav.Trar�our wiil pmat�ity nafify
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<br /> `';;: . - �of auy ame��.If lynswr.uegte�s or a�firses to enfo:oe c�mplianoe vrt��e te�s oYtlte L�.�tr .
<br /> `�"'..r,�.:,�•;�:.,�°�� • �Y�4►, at 's apHon, eafone mp1�ce. Trnstor wiII obtain Seueficl�r's writt�muha�ttan
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<br /> .��.�`.�;r•:,.;_ ,. . � befare Trastor conserts to snblet.modlfY.c�anael.or�omecarfse alter the l�ases.to soc�t Qte.swteader oY the
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<br /> �;, _ � aov�ed t►Y s¢c�'I�ases(tta2es.s�e 1eas�so requite).os to ass�s+.compmmise�r�the Leases ot�q .'
<br /> R�ts.Tcostor cviII LnId Bene�cEa�Y ha�mle�aud�Beael�d�c9 for anY aad aII.liahility. toss o!d8m�e�ai
<br /> _=�N��'�;:-;;r:�:,. .;. ��9�Y�as a c�seqaen�x of the assl�eot m�der th�s saxloa. � . . ---
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<br /> �`' �` ."'� • PI.AI�II�TED UNIT DEVELOP`1Vb�NTB. If tlte Pmge�ty iu�tades a►d�t ia a aoadamh�itmn or a
<br /> .;;" ,;�: ; . �' � �IS:��t��������of Sm�os's dutfes umder the cave�,by laws.or re�ons ot the . ---
<br /> � ;.' =`��'�' ,�ndo�i�os l�ned nmit deveIopmeut.
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<br /> ,; ,, �`:f:�"'':'�";.� � 16.D�+GAULT.,'M�swr will be in dcfanit if aay of�e following oaau: � . --
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<br /> ,� :�;.�.: .,: p, poy p oblig,ated on die Soaued Debt faits to�ake OaYment wh�dne; . .
<br /> �.'."{�::�...:::::�:;z.� B. a_-���t af soy tenI�n�o^wr cav•�en�an/t�i�a tL�is D�,e,..e�dJ,.o�f�Tmst.anY Drloi m�p,o�.rt�.�gyag�e Mar a�a�y�.co.n�wswtrn�a��io]a�lo•a�a�a.g^�Qe�.��...�n.t..�
<br /> �''+4.�:'��� �i.i �:� - ^-^J Y��V�YY��WW YYWfYFY QYW�tVilYb��at aWWWg V1 UYl�7�1G71lllUg W YW�YWi� �
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<br /> .: � %- �4� C. �g os of any veebal or wtIt�m�t�tton.statement nt wairenlp to�eneflslary tbat ls'falae .._
<br /> '• .�,,. :.' � or lnon�ect in y�a�al're�pect by 7Yustor or any petson as e�ty obllgatad an,tIIe 5ectuad Debt; � �
<br /> " � ::; ,Q� . � , �D. 7he deatb.Qissolamtan.aFDo�atment o!e re�iver for.or appHcmion ot aaq debtor teliet taw t�.'Ifistor oi�y =
<br /> .person or wt�ty oD19gate0 on�e Secured Debt; � s� .
<br /> � -' ,"-�-:r� B. A gao0 faitb belieP Ly Benedclar�►at 8aq tiase @sat BeaeBdaN is�te adth�spear to aay pe�san os eadty►
<br /> r., .;�;:? . Obli$ffied On the SeC1ue0 Debt Oi t�Ai tlie pmspect of aaY Paymeat ia imPal�d�the PmP�Y��D� � ��
<br /> F A mate�r}al advetse cbmoge in Tn�star's bus�ss iaclndi�g ownerehip.m�.aast S a�t d a l c o a d i d a n s:w h i� �
<br /> .- 1 Beaefldaeq in its opiaion betlevee•�mpairs the vaiue o!the Fropeety or rEpaymens of the.Seaued Debk or
<br /> " ,= `' O. Aay toaa ymoeeds are used for a puipose thai wlli aonidbute to exaesslve erosioa of bigbiy�Ie la�W os t�the �_
<br /> �.:-
<br /> `v,�s, . �onverstpa af wetlaads to pmdnce a�o a�tailmral oommodity,as 4hrther eaplained�n 7 C.P.A.Part 1440.Sq�t ,.,:.
<br /> .. � (i,Sahibit M.
<br /> c ;, 1?.�iEN�IIF�ON DEFAULT.1a some instaaces.fedetal aad state laa►.wIU �efldary Lo pt�uvlde Tinstor wIth
<br /> � nottce of the rigLt to anre,media8nn nnticea os other aotio�aad may e�nabl�ttme sshedntes for foreclusure actioas.
<br /> '� x . . ' � � �
<br /> �-::-±-.=;�.-;-- �=;. Sabj�t to these�ans.if any,Beaeflc1a�y may ascelerete the Socnned Debt anA foteclase.tWs DeeA�of Tiast in a .,.;,.
<br /> ` . ;',,�.�,_:•:.. manner pruvided by law 9f thts Tntstor Is ia de�aWt. � -
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