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<br /> {�;� with other funds of Bencficiary. If Beneflciary is required by law to pay interest on these sums, _
<br /> "�""" _ Deneficiary may,to the extant permitted by law, impose a charge for holding and disbursing such
<br />_- „ � funds. In the event of a default under the Nou,this Deed of Trust or any other instrument securing _
<br /> � thc Note, Ben�ficiary may apply the sums required under this paragraph 8 (without prepayment � _
<br /> '���' .'"_�^� charge and without limidng ths privilege� if any� to prepay any amounts securecl hereby) first to
<br /> � accrued interest and then to the principal balance secured hereby. As an additional covenant hereaf,
<br /> ° and in any event if the foregoing provision for prepayment is at any time prohibited by law, or
<br /> :. ;, waived in writing by Beneficiary, or Trustor fails to make payments in the full amount required
<br /> �� ... under this paragraph S, Trustor shall pay such charges when they (and in thE case of annual
<br /> � � � property taxes, the first installment thereo�are due and,upon demand,provide Beneficiary witli -
<br />---° � satisfactary evidence of payment and coverage. _
<br /> `' � � � 9. Leases. Trustor shall fully perform all the tsrms ansi condirions on Trustor's part
<br /> to be performed in any existing or future lease with respect to which Trustor is lessor covering all
<br /> � „ or a portion of the Trust Property. Trustor shall nat, without the prior consent of Beneficiary,
<br /> > ,�.� • terniinate, cancel or accept the surrender of,or suffer or permit the termination, cancellation or
<br /> �. . �' suttender of such lease,except upon the expiration of the term thereof, or materially modify or
<br /> alter� or suffer or pern�it the materlal modification or alteration of such lease. Trustor further
<br />= . covenan[s and agrees noi iu Guiec iiitu auy Ieasc fc,�a ternt in��crss af thrt;e(3)ye3rs far fifteen
<br /> - . percent (15�6) or more of the net rentable are�o�the Trust Property without the prior written
<br />�;'� : � consent of Beneficiary.
<br /> s-�� �. 10. Payment of Premiums. Trustor shall pay all premiums upon any life insurance
<br /> '��'�• policy whi�h may be held by Beneficiary as additional security for the debt herein referred to.
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<br /> �°``` �" 11. Fces tor ItnfArmatton. Trustor shall pay Beneficiary,to the extent permitted by law,
<br />-y'r.� :��^ `.�: � a reasonable fee,as determined by Beneficiary,for providing to Trustor or a third party a statement
<br /> :R_,�-.;�, �, : conceming the obligation�secured by this Deed of Trust or any other information requested by
<br /> '.. y, ....... : Trustor or the third party.
<br /> .: :�� 12. Securit�Agreement. _
<br /> ��".�� �-� (a) Grantof Security Interest. With respect to any portion of the Trust Property which
<br /> �,��,��,._ conspt�ites personal properry or fixtures governed by the Uniform Commercial Code
<br /> __��,�. ,� of the State where the Trust Property is located (the "Code")� this Deed of Trust
<br /> __ � ,. .. � shall constitute a security agreement between Trustor as Debtor and Beneficiary as -
<br /> y Secured Party, and Trustor hereby grants to Beneficiary a security interest in sush
<br />= �� . portion of the Trust Property. Cumulative of all other rights of Beneficiary _
<br /> - :. hereunder, Beneficiary shall have all of the rights conFerred upon secured parties by ;:;.
<br /> � the Code. Trustor shall execute and deliver to Beneficiary all financing statements
<br /> that may from time to time be required by Beneficiary to establish and maintain the
<br /> „ validiry and priority of the security interest of Beneficiary, or any modification :
<br /> - Deod of Trust,Aasignment otRenrs.Sccuriry Agreement and Fixmrc FUing(NB•9/9�
<br /> , PAaB9
<br /> P:�CLOSINGIAAENDIK\DOCS\1997�FAZOLI'S\97092314\T10T.WYG
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