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<br /> 98- i��e
<br /> �, CLAIMS AGAINS'f TITLE.'Pnutor will pay all taxes,asse�x�ents, liens,eucumbrances, lease payments, grouncl rents,
<br /> utiliues, ancl other charges relating to the Property when dae. I3er�ficiary may rc�quire Trustor to provide to 9eneflcinry
<br /> copies of all notices that such a�nounts are due ancl the receipts evideix:ing'Trustor's pay�nent. Trustor wili dafencl litle to
<br /> the Pro�rty against any cl�ims that would impuir the lien of this Sc�c:urity li�.sttun�ent. Tr+�stor ugrees to tusiAn to
<br /> Benefic ary,as rec�uesteci by Beneficiary,any rights,clain�s or defenses Trustor may have against parties who supply tabor
<br /> or maierials to ma�ntain or imptovc the Property,
<br /> 9. DUE ON SALE nR ENCUMBRANCE.Beneficisry may, at its option,dzclare tlie entire bala,�ce of die Securtd Debt to _
<br /> be irnroediately due a�xl,paynble upon the croadon of, or conuact for the creation of, aay lien, encumbxance, transfer or
<br /> sale of the Property. This nght is sub�ect to ihe restricdons imposed.by federal law(12 C.F.R. 591), as appllcable. This
<br /> covenmt shall run with t1u Ptol�erty and shal�remain fn effoct winl the Secared Debt is paid in full aad this Security
<br /> Inccrumant is releas�d.
<br /> 10. PROPERTY COPfi1TION, ALTERATIONS AND IIVSPECTION. Trustor will kecp the Propeny in goal condidon
<br /> and m�ke all repa�rs that are reasonably i�ecessary. Tnisror stull not commir or allow any waste, impairnxnt, or
<br /> m�
<br /> cletexloration of the Property. Tcustor will k,eep the Property free of noaiaus wads and Srasses. Tnutor agrees that the
<br /> nacwe of Ihe occupancy aud use will not substantially change without Beneficiary's prior written cocuent.Trustor will not
<br /> pemut any¢hange in any llcense,restrictive coven�u►t or easement without Beneficiary's prior written coasent.Trusror will
<br /> noufy Bteneficiary of all demands, prc�ceedings, claims, and acdons against Trustar, arxl of any loss or damage to the
<br /> Ptop�rcy.
<br /> &�C�ciary or Beneficiary's agents may,at Deneficiary's opdon,encer the Property at any reasonxble time for the pu.zpose
<br /> of it►q�ecdng �he Property. Beneficiary si�a11 Sive Trustor nouce at tht time oi or befnre an ia�c tionspecifyin8 g
<br /> retso�wble pucpose for the inspecdon. Any Inspccdon of the Propeny shall be entirely for Beaficiary's b�nefit nnci
<br /> Tnistor will in no way rely on Beneficiary's ic►cp�ction.
<br /> 11. AU7'�ORITY TO PERFORM. If Trustor fuls to perform any duty or uny of the covr,naats conwinad in this Securlry
<br /> Iasttument, Benef�ciary m�y, without md�e,perfoan or cause them to be pedormed. Trustor �wints &neficisry as
<br /> attomey in fxt to sign Tnutor's name or pay any amount rxcessary for perfom�ance. Beneficiary s right tope dorm for
<br /> Tnutor shall not create an obligadon to perfomx,and Beneficiary's fai:ure to perfocm will not preclude BeneficiarY from
<br /> exexcising any of Benoficiuy's other rights under the law or�his Security Iasuument. If any constn�cdon on the Property
<br /> Is discontlnued or not carriocl on in a reasonable mavner,Benefieiary may takt all steps necessaiy to protect Be»�ficiary's
<br /> sccurity interest in the Property,including completion of the constn�ction.
<br /> 12. ASSIGNMENT OF LEASFS AND REN'I'S. 'Tiustor irrevocxbly gracu,v, conveys a�sells to Tnuta, ia trust for the
<br /> uc�ut of L:.u;,fsciar;, ss°.�d3uorA�'-�'"*±�'�1 �he riahc, tide and intecest in wd co any wd all oxisting or futun le�ses,
<br /> sublase.y,and any othec written or verbal agnem�nts for the use a�x1 ocwpAacy of any pordon oi 6,c F�i,�cY'r.i�.�.�i�i
<br /> any ezte�ions,reaewaLs,modificadona or subsdtutions of suah ng���(�a�fi��f��������� oi�
<br /> wd profits (�Il nferred to as 'Rents"). Tn�stor will promptly p ary
<br /> �xi��d future I,eASes.Tcuswr msty collxt, reccive,enjny and use the Rents so long as Tn�stor is not in de t iwder
<br /> the um�s of tlus Security Insuument.
<br /> Truseox�cknowledges ttut t}us assignment is PerfeGUd uPon the recarding of this Deed of Tnut and tln►t Beneficixry ia
<br /> eau�od a naify aay of T:ustor's tennuts co make�aYment of Rents due or to become due to Bene6ciuy. However.
<br /> Benficiuy agras ttu�t only on defitult will Benefic�acy notify Tn�stor�nd Trustor's te°a°ts xnd m�ke ���u+al
<br /> �����p�d���y��t�gciuy_ pn rxeiving notice of default,Trustor will endorx xnd de�iver to BeaeficiacY
<br /> m.y�nyp�ent of Rents in Tivstar's possession and will ceceive any Rents in trust for Reneficiuy�nd wi11 uot cammingle
<br /> Ihz Rn pp ��
<br /> ents with any other funds. Any omounts collxtal ��cableplaMlord/tenant 1d w 1Trustor�iso agras�maiutain�nd
<br /> wamnts that ao defiwlt exists under tLe Leases or xny apP' �icuble 1Rw.
<br /> roquirc�ny tau►nt to comply with the t�m�s of the Lexses and aPP
<br /> 13. LF•ASLHOLnS; CONDOMINILJMSi PLANNED UrTIT DEVELOPMEN'TS• �ludes agun�'�t in�co��ndoadaium or a
<br /> provisioav of Any leue if tius Secvrity Instiumeat is on a le�eb,old. If the Property'
<br /> planned unit development,Tcustor will perform all of TrusWr's duties under the covcnaats,by-laws,or reguladoas of the
<br /> condonumum or plamecl unit ckwelopment.
<br /> 14.DEP�IULT.Trustor will be in def4ult if any party obligated on the Securecl DeM fails to makc ps�yment when du�.Tn�stor
<br /> will be in def�ult if a bteach occurs u�ler the tsrms of Wls Security Instmment or any c�ther document executed for th�
<br /> purpose.of creadng.sxurin8 or guaranrying the Secured Debt. A goai fiith belief by Beneficiary t1►at Bf�ficuuY at oi
<br /> �he valueao the Property�is imp�iral�sl�all also consdtuu�an event de a lt�. �bt or th�t tl�e Pro�px Y P�Y��
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