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<br /> � If�LM1dOf Af11�1 W�11K1 f101� 0�My BCIUeI 0! ��"
<br /> " '`� 11. t.F.NDER'6 RKiHT TO COf�AENCE OR DEFEHO LEIiAL A af a�nla�henbY �PP�m���t� �aaom�yin•I�ct to oo�m�na���urwrN In,uw �_
<br /> � 1hrMt�i adlon,wft,a otMr proo�n0�M�dkq thr Prop�rty. rwwltl►�g�f►K�hom. Nolhlnp � ��
<br /> and to oompronis�a aenk any dalm a comrownyp�!�Inlnp th�nlo. L�ncMr�h�ll not b�WY�to
<br /> dN�r►d wch sdlonr,wN�,or otl�r Mp�l P►oo�drq� ��I to th�k1:an�d�fcrib�d In thls pu�Orapn o►r►Y dM�yn
<br /> :+� CiNntor fa any�clbn�wror�ml�talc� omit�bn a dNay �►0 M����h fu own rwrn. �� —
<br /> • ������p��rn 4�nckr�rom 1Mdnp th��caom dNaib�d _
<br /> � •, 12. INDEI�MFICATIa'�. G�r�r�not uswr�or 1»n�pon�ibw fa dr p�Aorr�ol�ny ot Qrontor9 oNJq�tlon�wAh r� ta t�P�ropx'tY�� � �`
<br /> l.a�d�r wNh writt�n notla of and Ind�rtnity�nd hold L�nd�r ond Its�hu�,
<br /> �n y drwrtrt�na�. finnta�i�ll ImrMdaldy P'ovki� s I I�b iNtN�(IndudfnG �x Ns cauw�of�ction,rdbn�,wll�and M �_
<br /> , ;x �Y���"Is Iwrti�ts h o m a a d a l r rn�d o r r r p� . attom�ys'INR u�d Np�l IMn 1. —
<br /> to th�Prop�►tY(hdudrp.bul nol YrriNd to,t h o w I m�o l v i n A H�z a r d o u i M a s�r i e ls).(3nma,uPon
<br /> othw I�pr P��axrrilalhrNy'Clakn')MrlNnk+p th��nortwy�'te�s,I�p�l��Ni Nd O1hK co�ts Inc+xnd fn _
<br /> • t M r a q w�t ol L�nda. hk�I�prJ counNl to d�hnd I.�r�d�r from wch Cl�inx. end WY
<br /> yh�o wn I�W I caunNl to dd�nd wch C rn at Ci►amor'R co�t. annta'� �.'
<br /> �lon 1Mnyuffh. In tf»vtarrw t iva,W n d o r s h�•u�1M 1 �t i o n,r�{NN«tondowr�o f t h li D a o c i o!T r u s t. �
<br /> ,�M,:,iR:•�, o1�Np�tbn lo k�rrnlfy Lrn�i�►urKMr tl11s p�rupr�ph -
<br /> � wh�n dw and ImrTdnt�lY P������ s
<br /> 1�. TAXHS AND ASSES�AENTS. Cirantor�It�N pay NI tax��and�sinsrn�nts nWinp to Prop�r�y c+-
<br /> of wrn. Upon ths nq�sl of L�nd�r.Orantor�haN drpo�N whh Lat�r �ch month on�.tw�ffth(1�?,2)ol th��;r►rt�d��mu�lt�of tax� .� r'
<br /> " � ol p� Sa u 1Mn i�no dNwil,tMw unoum��110A a� Y��^ ry
<br /> taxa and au��urrnt�p�rtaink�o ta�i» Prop�rly �rii to th�lunch w h�ld to
<br /> �' e�t�rtMnt�end inwrana a�nqulnd on t�Prop�rly. In tt�M�wnt������InwevsrN ord�r of th�d�tda i tl»�r��of.
<br /> " �,y�,r,,,�•�w�a�n.oauq.�ions. nn �nd.a�ued y,
<br /> �. �pan spwt
<br /> 14. INSPECi10N OF PROPERTY�BOOKS,RECORDS AND REPORTS. c�ranta rhaN allow�Umi io tirt�t�aram��sl�P��"y e�•w�o.
<br /> ' and msk�oopMs ol Granta's books�nd ncads PK7�k�np to th�PropKty uk»,tru�,�ocunt��nd
<br /> and�xarNrn.In�l ws. All of tt»�Ipnt�uns�nd Inforrrr�t►n contalrMd in Grantors book�end rroord+s�h�N b��P�y. �y�
<br /> r�quind by LxKNr lor ih�ss puR�o
<br /> „ oornpMU In all re�p�ds. Ci�aMor�hdl rwt�tl»�x1�Una of Lsrxl�r's bn�fldaJ Im�ns1 in`'��G������lon or 1M PropKty. Th�
<br /> � onritor�hall nport.In a fortn seHsl�ctory to UncMr,wch Inlomrtlon a L,srd�r m�l'`h�l f»nnd�nd with wd�+fr�qwrkY a�s I.�nd�r my d��t�. All
<br /> InforrrMtlon�haN b�fa wch p�ricd��sF�aN nMc1 Qranlor's noordr at wch tkn�n eN nspw1s�and�Ipr'•�d bY(3ranta If L�r nqu��t�.
<br /> aN
<br />�. Infomiatbn hxnisl�d bY Granta to L�nde►�h�N b�tru��aocurat�ond ca�N
<br /> r• 16. ESTOPPEL CERTIKICATEB. Withln len(10)daYt after eny retK�e►�b'Y I-�nd�r,G►antor 6heJl delM�r lo LsndK.or any IM�nctsd tronsbrw ol Uncl�r's
<br /> . rlyMs with nK�ct to�h�ObUOetlon��a�Ipn�d end eclmowNdp�d sta�Nnent�psdM�fl(e)tha anttsndin9 balar�ca ori t1w Obllpatlonn;end(b)wFNth�r
<br /> (3nma po�wa��any dekrn�d�1MMf,�-on�or oa,m«�m�wnn n�ea to,M��,�.i thi�Int��ind�d tH�fKn��r�to U»w matt�n n
<br /> count�rdalrtr. Qrantor wIM b�oondusiwly bound by eny npnsentation that LsncNr may
<br /> th��y�m that(1n+ntor fWls to provido the rsqu�atsd stetement In a tlmely n'�enner.
<br />' w 1e. DEFAULT. (iranlar�hall he k1 d°faun under thle Deed of Truat end the Trusteis pa+�er s►iN�bscorT�°F°ratiw In the wmt 11►d Ci�ntor�Qarow�r a►
<br /> . „ , q • �y Wyranlor o11FN ObIlpRtlons;
<br /> ' (�) fall�to p�y anY Ob�bstlan to Lander wh�n due;
<br /> �. (b) falls to p�rtorm any Oblfpatbn or bn�Ms ony wertanry or aovenmt to Lend�r contaln�d In thl�Ds�d o1 Truq cx�ny odwr pns�rri or finun
<br /> •tM Prop�ty In any mat�rlal n�pod or wbjsd�tlw Prop�rty to wlzuro�conflscsUon�or oond�mwl{orc
<br /> � ' ���,bt�s a dar►r�0� ���y��ty b Land�r:
<br /> -. . .. ,�,' (d) sMk�to revak��tar�net�or othsrwlw Nrrit 8�N�blllty
<br /> (�) �,b�oortr�kpeJlY InoorrPN�t�Is dssafwd or uminet�d,becames tws����!'Pnnlo�nl ber�kruptcy fll�d In��whlch Orartla��Bom�wK
<br />_� � �:a;!l:e�►.�,xr�a,s,lu��a p�1H{on undsr tlts f�d�ral banlvupcaY
<br /> .� , , � or eny/usrantor Is nartwd.or has ProPsr►Y tak�n unwr eny wrii«Rv�iiw::�.f w:srt;
<br /> •,�." (Q �onyj ppoda to b�u�sd�1ran�Pa►�d a stond on tM Propsrty,the po�s�ulon�vensPoRatlon,or u�af whkh�b INrpY:
<br /> ° tbn wlthout ths wdnen consmt ot l�rKkr or
<br /> -;�. :'! -•• allows any party oth�r than Qremor or Bortower to a�wrrr or uideruks enY OdIGa hlth�fa eny na�on�bsll�w�
<br />-'•'::.�: ' . �hj cawes Und�r to�n fuMf Ins�eun dw ta a slpnlf{eant cJ�dhe In the vdus of the Prop�rty,or If Lsnd�r���pood
<br /> �,.�+.::�, . . ttwt ths pro�p�ct ot payrnant or p�r(omiaiwe Is krpalnd.
<br />"�,�...:; �� ...
<br /> r,.;,':- .. :`•.' 17. p�Mg pp LF�IpER ON DEFAULT. It thers li e d�fnult undar thls Desd af Tru:1,Lend�r chall bs entftled to ex�rds�on�a mon of tM(oMowlnp
<br />_�l�;d,_;r, ,�`� rwrrtMs wtthoul notloe or dsrrwid(except es roc�ulnd bY law�:
<br />_";�Ti�;:T� (�) to d�clan 1tM Ob�lp�tbn�Irm�datsly due und PaY�bl�In full;
<br />-�� . :�'"� (b) to aoll�ct 1M outttenc�rW Obllperiona wilh a wfthaul n�ortingto jud�Ial Proos++'
<br /> --_-'>w�"� C�rentor to ddlwr eMf rtieks uv�bl�to UrKJ�r ony pKSU�Y ProPer1Y or Chattelr constltullrp the I�rapsrty�t a plao�n��awb1Y
<br />-_ .,. (o) to nquks
<br /> ' �:� . �' conwr�nt to(irenta and L�nd�r, Ta or o61aInIrW lM epPdmrtMnt of�ncNvK end,at LK�c1rr'1 optbn.10
<br /> _, n r"�,,�;4;' (d) to�nt�r upon and tsk�poss�tWon of tiu Prop�rty����s �nd whhout othsrwlw ms�dnp NY �WUtory oonilbm np�rcN�q
<br />,�;.:s::T:;:�j'. appokri a nalw►wlthou►bond,wttha�l flnt IxInO�G
<br /> �` no�iven.n b�InO kH�xl�d tlu�t L�rh�N luw tnls controctual dpht to appdnt a no�lwr;
<br />-;-•_;:;;��,:: a�y�pkp�p�nt of th�Prap�rty and Nt ttN carrw,sttMr In Tm�tN'�own nams�In th�nsrne of L�nd�r a��us,on�ooax�t�of
<br /> - -r=:"., (,rx'Mw 1M�nnu,kioort�+�Itw�s snd proAts ol ths Propsrty and epplY ths serns.efler peyrtern ot dl n�oeswy dierp��
<br />_..�....-3� jf;.._
<br />�^�a�:.;�r x:::: th�pbNpstlofl�;
<br /> �"'�=;'`'� (� �o psy eny�xrr In eny fortn a msnrNr dMrt�d�xp�llsnt by Lerda to proted the Ncurlty of thla Ds�d of Trutt or to cun any d�fsuh oth�r
<br />`��.� , �
<br /> . p�yrrwK of fnt�nal a prindPy on th�C)d110eit�°"r 1 end to dlnct the�el�of th�propertY throuqh exerd W d the pow�r ot�N aa
<br /> s�".^.."� (4) to l o n d ow t h l�O N d o f T r u st w d l d s l l y or ranjudda�Y
<br /> - :...:
<br /> p�rpnph 20 f�f In e000adsna vrith�PP�k�law:
<br />"�.;p;.'�•�.. ':_' (h) to rst�off Cirenta's Ol�ipatlons apdnft an ertwurrt�owsd Orama bY LerxMr Indudlny,but not Ilmft«l to,monMs.Imt►urtrnts. end
<br />�' " • ' iowurds rtrintdn�d wfth Ur�►ar any arc�m�r sxl�tlnp or hrtun atflYtls oi Under;end I�law.
<br />�;i:.��,'.»� (I)to�x�rdN all otMr rlgM�avaflel�Is to l.�nd�r und�r eny othsr wrtttm agr�rt�e y�. In tl»�wnt that I.�rd�' InttitutK an�ctlon wMM�p tlN
<br /> .,..,�- L�r�r's rlqht�e ro a x r u l�t l w e n d m n y be�xsrdwd topath�r,sep�aen�s c t b n.o p e k u t G r a n t o r,�r e M O r w a l w s t M P o�tl n p ol an y bond wMdi rt t
<br />%*• •s,.��• �wry ot any of ths Prop�rtyby wny ol e pnJudprrwrn �n�dY at any sdo. Proa�ds of any Trus1N s uls MrwrdK�haY 1�
<br /> othsrwla b�roqulrod. Und�r or L�nd�r s cNWyr�s may purchase Vw Propsrty t of th�TruatN'�fM�ectudly Mwrt�d�nd not to
<br /> • Bn1,to 1M cotts and�xpsnsr�of oxKdslnn,�th�pows►of sal�and ot tM�al�,Induding f�Pa_y!?�!�s����thlyd,to tM peyrtrnt of �
<br /> sl c�nu ai
<br /> �Xp�d tM ertount whkh may b�Provlde��a In thls DNd ot TrusL�soord.to peyrrrn 9
<br /> .. trust dMd+,malGep�s�or otMr Ilenholdsr��a o��a�s�IUndei In its eo a dwrotbm m�y eNd�yendt�t�re�o.,Ths as of ths powsr�prent�
<br /> , be wld In on�pv�,or In�udi parcN:� _
<br /> +�r eheq not sxtlnpulsh or�xheust ths pow�r unbcs tM entlro propety M aid a the obllge�bns ars Peld In full.
<br /> ' 1a TRUSTEE'8 EXERCI8E OF PO'WEF10F 9ALE ON DEFAUL7,If Laider electe to eell Grentor'�Intsrost In tlw Propaty by sxsrda of th�pow�r et
<br /> . �a10 herMn contaltnd.l.endar chell notify Trutlee In the menner then requlred by lew.
<br /> U nald of wch notla of LerxNr end et the drectlon of Lender.Trua�e shall eauso tn ba recordsd,PuWlalwd and WNvond suth rwtla�ot d�fwlt
<br /> � end�ralloo�of sele ae may then W r��Ired�I�erfd by th�ls�tlon ot such nolla of do au�and aflor notice of�calaL� be�n ph�en as requk�d bN law,
<br /> • anar cucn un�a es rr,ay tnen b.roq� bv
<br /> � s�►II tfw P�p�y at the tlme and Placa of eale flxed by ft In such notlw of cals.�Iwr a�whda u In sap�►et�bts or perool�or Nmx aa LsrxMr aheN
<br /> � ,end In euch erdsr ai It may detemdne,et put�llc euctbn tothe hlphett ddcie tor caeh�n�awrw mon°Y of tM UnNed Stales peysbl�a�t tM«U�`
<br />- , x ,or oe otherwlce rre�1��e�h�b�y�veneni we�►all d�lfvo�t���o Ir�irplae�d Theradtali In sudif Ide�d�oleny matliin�or locts�hell b�
<br /> ranwvina tha P�oP�'►Y __. ......,......, i�„����r,n.wnhoutHmitelbn.Qrantw�Tru�tee w Lender,maYP�rchese et such cal�. Trus1M may
<br /> --=�= .�......_.__ ...
<br /> COI1C�Ufi�V6(�f00t Vt 11161Mnluirwss iirinwn. .,.��
<br /> In the menner provldod bY�aw PoatPon°sele of e�l or any ponlon of the Property.
<br /> 1f1. REaUE3T FOR NOTICEB: Grantor rec�uest�that a copy of any notice¢t defeult and a copy of eny notice of sale heraunder be melled to each penon
<br /> eu
<br /> : h�������et��cu��s�s ol such person set lorth hereln el tne aart�e tlme and In the sarna mannx requlred ec ihough a seperate requsat theraof
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<br /> NEDOTC RN.1?/97
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