Z�15�5113
<br /> �E�� �F �F�U�T
<br /> L�an l��: 17������� {���1ti��[�d� �a�� �
<br /> o�i���rt�Qv�r�h e aJ�lig�ti�n�a p a}�r s�I�na�as L�nde r'�i n��re�t i n the Pr���rty i�n�t�e�par�i���. If a fie n�ris�s�r
<br /> i� fil�� a� a r�sult �� r�o��a�rrn�nt, 'f'ru���r�1���1 �ithir� fiit��n ���� ��ys ��t�r the li�n �ri�e� �rr i�� fi�n is fil��r
<br /> v�r�th�n f�ft��n {1�} ��►�� after Tr��t�r h�s r�o�i�� a�F th� fi�lin�r �e�ur�th� �is�hsrg� �f tF�� li��r, a� i� r����st�� ��
<br /> L�r�d�r,d�p�sit v�i�h L�n��r���h�r� �uffi�i�n���r��r������-��y��nd�r��h�r$��urit�S��iS�a�t�ry t4 L�n��r in an
<br /> am��nt s��ri�ient t��lis�C�ar��th� lien plus ar�y ��st� a�rd ���o�n��s' €���� �r�tf�er ch�r��s tl��t���[� ���r�� �� �
<br /> r��u�t a�a f�r��i�s�[r���s�I�u nd��th�]i�r�. I rt�r�y��rrt�st, Tru�st�r s��fl d�f�r�d it�e�f�nd L�n��r a r��l sh�I!s�tasfy
<br /> �ny��1�����judgrn��t��f�fe en��rc�m��t���in�t th� Prap�rt�. Trustar sha�l n�m��en�er as a���d����r�a!��li���
<br /> under ar��r�ur�ty b�r�d furnish��i ir��C����r�t�st�r�����lir����
<br /> E�rid�n��Q#�aym�r�t� Trust�r�s€��I� ����d�m�nd f�rr�i�h t� Le�d�r s�ti�f��t�ry��rid�r��� �f���rrn�r�t�f�t�n�ta�c�s
<br /> �r����s�m�r�t��nd �h�l[ ��thari��th� ap�r��ari�t���v�rnm�n�al �f�icial t�d�liver t� L�rrd�r at a��t�rne ��vritter�
<br /> st���m�nt�f th��ax�s and�s���sm�r�ts���ir��t tl���r���r'ky.
<br /> N�#i��� �ar��tr��ti�n. Trust�r�h��l n�ti�y L�n��r at l���t�i#�e�n ���� d��►s b�f�re �ny v��r�fk is ���rn�n���f� �r�y
<br /> ��rvi��s �r� furni�h�c�r �r�ny rr��t�ri����r� �u����ied ta tl�� Pr���rt�r it�r�� m��har�ic's l;�r�, rn�#�ri��rn�n's fE�r�r ar
<br /> �tf�er li�r� ��u[d �� a��ert�d �r, acc�urt��fi�h� w�rk, s�rvi�es, ar mafieri�l�. �ru�tar wil� upa�r r����est af L�r�de�
<br /> f��n"rsh �� �en��r ad�ranc� as5u�r�n��� s�tisf��t�ry t� �.end�r �h��t Tru�rtvr �an �r�d �rvill ��� tl�e co�t of s�ch
<br /> impr�v�ments,
<br /> ���I��F�TY ��►MA�E IN�U F�A11f�E. TF����I l�w in� pr��risi�r�s rel��i r�g t�i ns uri n� th� Pr���rty a r�a p�rt o#thi� ���d�f
<br /> �r��t.
<br /> iVlaintenan�� af lr�sUr�r���. Tr�s��r s h�ll prc��t�r� �n� m a i nt�in ��li�i�� �f fii r� i r�s uran�� v�ri�h �t�n�a r� �x�e���d
<br /> c�v�ra�� �r�d�r��m�nts �n � r��l���rn�nt b��i s#�r th� full i r���,r��]� v�f�� ��v�rir-.� �I� �m}�r�v�m�nt� Q n th� R��i
<br /> Prvp�rty Er� �n �m�ur�t �uffi�ient ta avaid �ppEic��i�n �� ar�y c�insur�nce cfat���, �n� v�ith a st�r���r�d m�rt��g��
<br /> �I�u��i�t fav�r�f L�nd�rr t���tf�er v�ri�h su�€���n��r h��ard and�iabi[it�r ir��uran��as L�nd�r���r�as�nahly r��uEr�.
<br /> I��li�i�s �h�ll �e �rvr�tt�r� in f�rm, �m�unts, ���erag�� an� h��i� r�asonably�c��ptab���a Lend�r an� issu�� l�y a
<br /> camparty�r Gampani�� ���s�r�a�aly ac�e�t��l� tQ L�r+���. �'r�,�t�rr �a��� r��{���t Q# L�n��rr v�ill ��li����� L�n��r
<br /> fr��rr�ir�,�tv��me t���pali�i�s�r��rtifi��t�� �f ir�sur�nc�ir���rm s�tisf��t�ry t� L�r���r� ir�cludin��tipui�ti�n� tE��t
<br /> ���r�r���s will r��t b� �an���l�r� �r�imini�h�d vvith�ut at f��st t�n ���� �ay� pri�r �rvritt�n n��i��t� L�n��r. E���r
<br /> ins��an�� p�!ic�r aI�Q �hafl in�lu�� �r� �n�l�r�em�r�t�r�rri�in��}��� G�v��a�� i� f�var����n�f�r�ril! �r�t �� irr�p�ir�d
<br /> in any w�y l�y�r��r �c�� omissi�n ar d����lt�f Tr��t�r�r�ny vth�r��rs�n. �h�Ulci th� R��1 Pr���e�t� b�I�����d in
<br /> ar� �r�a ���i�n���� by th�� A�frni�i�tr��k�r��F�1�� F�d���� Er��r�er��y M�na����nt A��n���� �s���i�l #I�od h���rd
<br /> ar��� `�rr����r ���-��� t� �E�tair� �n� rnair��air� F�deral Flao� Ir,sur�n�e, i� �vai�ahl�r f�r th� f�t[1 �np��d prin�ip�l
<br /> ��1��,�e a��h�I��r�ar��l�ny pri�r li�n��n t�n��rap�rty se��ring the I�anr �p�ta th��na�im�m p�fi�� lirr�its s�t uhder
<br /> �h� �latianal Flat�d �n�uran�e Pr��rar�r �r�� ��h�fwi��r��uir�d b� Ler�der, �n�l�tQ rn�i�rtain�u�h irrs�ran�e f��th�
<br /> ���m a��h���an.
<br /> Ap�l���#i�n�f�r�����1�. Trustor�h�ll pr�mp�ly n�tif�L�r�d�r af�n�r[a�s �r�am���ta�he Pr���r�y. �����r ma�r
<br /> mal�e �ra�f �f 1��� if Tr��t�� ��ils '�� �� �� u3rithir, fift�e� {'�5� ���� �� tl�� ���u�lt�r. 1l�Ih���r�r �r n�t L�r�d��'s
<br /> s��uri�y�s im��ir��r ��r,d�r rn�yr �t��n��r'� ef��ti�r,r ����i�e and r�tai� th� �r�����is ���r�y in�uran�� and aP�fy
<br /> th� �r���e�[� t� ��� r��u�t��� �f th�e �nd�bt������, p�ym�n� ���n�+ li�n ��F�Fe��ing the p�-�perty� ❑r ti�� re�t�ra�i on
<br /> ` �n� r�p�ir�f th� Pro��r��r. lf L�n��r���cts ta a��I��t�e pr�����s rt� r�s��ra���n a r�d repai rr Trus�ar sh�Jf r�p�i r�r
<br /> rep�ac� th� d�m�g��l �r ���tra�r�� rrnp��v�r��nrts in a rr�anner ��t�s�ac��r� �� L�n�er. L�rr��r sh��lr u��n
<br /> s��tisfact�r� pr��� �fi ���� �x��n�li�ure, pay �r r�irn�ur�e Tr�,star fr�rr� t€�� �roc��d� ��r �f�� ��as�r���]� ��st ��r
<br /> r�p�i r �r r��ta r��i�r� if�ru�t�r is n�t in ��f��lt �r���r �h�� a��� �f Trus�. Any pr��e��s v�rhiGh have n�� l���n
<br /> dis�ursed witF�in 7�� ��y� a��r th�i� r��ei�t �r�� �hi��r L�rid�r }�as not c�mmitt�d ta �he ���air �r r�s��rati�r� �fi
<br /> th� PrQ�erty sl��ll �� u��d f�rst t� p��r��y am�urt���+�r�n��r� L�n�i�r�,r��e�thi� ������'1"rus�, th�n t� p��a�cru��
<br /> int�r�st, ar�� th� r�m��nderr i#�r��rr �I���I !�e �p��i�d �a ��� prir��i��l b�l�r��� �f tC�� lr���btedn��s. If L�nder �alds
<br /> �r�y �r�����J� �f��� p�a�m��� i n f�l I �f ��� �n�l�bted ne�s{ �u�h p�����ti� �F��I� �� ��i�f �� Trust�r �s Tru�rt�r'�
<br /> int�r��t�ma�r a�p�ar.
<br /> LENDE�'� E��EI�IDITL�F�E�. �� Tru�t�� �F�il� (A} #� 2���� �he �'rQ��rt�r �ree �f all #a�€esr IfBI`15r s��urity int�r��tsr
<br /> �r��urr��rar����, �n�f�#C��r�I�ims, �B� �� �r��id�ar��r�quir�� i��u������n th� I�r�p�r��, ar {�� �a m�k�r�pair������
<br /> Pr���rty �n�� Ler�d�r m�y �� s�. If �r�y acti�n �r pr�����an� i� ��m�-n�n��c� th�� v��uld m�t�ri�lly �ffe��# L�r���r's
<br /> ' int�r��s in th� �'r���r�yr then L�n��r �r� �r�st�r'� ��h�lf may, �ar�t �� �ot r���ir��l t�, fi��C� �ny a�-ti�n th�t L�nc��r
<br /> b�li�v��t� ��ap�r��r��t�t� �r��e�t L�nder's i�rt�r�sts. AI[�x�e�s�� iri�Urr�d �r��i�i k��r L�n�i�r��r�u�h ��rp���� vtirill
<br /> th�n t��ar int�r�st at�h�r�t� cF�ar���ur�d�r th� N�t��r�m�th�dat�in��rr�d or�ai� b�r Len��r t�th�date af r�pa�{��nt
<br /> b�7ru�t�r_ ,�II su�l� exp�n�����ri�l b��ome� part af�the l��eb���in��� �n�Jf �� ��r���r's��rtC�r���n,rill (A� b������f�or�
<br /> d��n�n�i {�� �� �d��� �� �n� �al�ne� o�t�� Nate a�rd l�� app�rti�n�� am�n� an� �a� p������ �rv�-�1� �ny «��alJm�n�
<br /> pay��nY� t� ����rn�du��fur�n� �ither ��} th�t�rm Q�any ap�li��bl� in�ur�r��� J��li�yf �� {�} �h� r�rnaini��terrr� ��r
<br /> th� N�t�r �r ��� be�������i �s � ��Ifo�n ��yrr��nt�rvF�i�i� v�rill ���u� ar�c� ��ya�l����h� N�t�+� m����i#y. �h� k����l ��
<br /> Tru�t�I�� v+�ill s���r� ��yrn�r�t�f th�s� �mo�ar�ts. T�ne ri�ht� pr��id�� far in tl�is ��ra�r��h sl��ll �� ir� ���iti�n t� �r�y
<br /> �th�r rigl��s �r arty��m�di es t❑ wh��h ��n��� r��y �� �r�titl�d �n ����unt �f a r,� defa�I�t. Any �u�h a�ti�n �y L�n�ler
<br /> �hall n�t���or��tru��a�����n��h��iefau�t�❑���� a����r,�i�r fr�m ar��r�m��i�tha�it�th�r}nrF�� �r+��ulrl h��r��a�_
<br /> V1IARRAi�iTY; QEF�11l�E�F TITLE. YF�P fnll�wi������i�i�ns r�latin�����n�r�hip�f tn��r�p�r�Y are a�art a�thi�l���d
<br /> ��Trus�: �
<br /> Ti�le. Tr�stor w�rr�s�ts-tha�: �a} Trustgr hv�ds ���d �r�d rr��rk�tak�1�tiL�� ��r�c�rd t�th� Pr�pe�� in fe� �impl�,
<br /> fr�� �n� �l��r��r all li�ns �r�d ���um������s �t�i�r���n �hase ��t�rarth in th� Fi��l ]'r���rt� ��s�ri�ti�n �r ir� �r�y
<br /> �i#le �n�ur�r��� ��li��, titl� r���r�kr �r �inaE �titl� ���r�tE�� is�u�d ir� fr���r �f, �n� �����#�d E�y, L�n��r in �ann��tior�
<br /> �rith thi� D����f Tru��� �r�d ��}Trtas��r h��s tl��fufl ra�htr ���r�r, an� ���rh�rity t�ex��u����r�d��liv�r thi� ���d�f
<br /> Trus�t�L�r�d�r.
<br /> ��€er��� �f Titl�. ���h��r�t t� �h� e�c�pti�r� iri tf�� �a�`��r��l� �b��r�r Tru�t�r v�rarran�s and will fare��� defen� tf��
<br /> �itl�t�th� Pr��erty a��i����h� I��rf�l �laims�f al� pe�sans. In�f�e�w�rt�any���i�n Qr peQ����ing i�cornmenc��!
<br /> that qu�sti�r�s Tru�t��''��i�l�or th�int�r����f�r�a�t���r L�n��r under this I��ed��Trust, �r��t�r sh�lE d���r��f th�
<br /> ��ti�n at Tru��or's ex�����. Tru�t�r m��E���h� namir�a! �ar�r,r ir� su�i� pr��eedin�r k��t L�r�der shall be�nfiitCed t�
<br /> parti��J���� irr the �r�����in� and �o �� r��r���nt�� in th� �r�����ir�� by �aunsel �� L�r�d��'s �vxrn �h�a��, ���
<br /> Tru�t�r wil�d��ive�-, �����s�t�-b���li���e�ir�� Len��r�uc�r ir��#ru��nt��� L�n��r��y re�u��t fr�m time tv tirn�
<br /> t�p�rr�it su�h p�rtici�a�ian.
<br /> ��m�lian�� �l�fith� �.auus. Tru�t�f �nrarrant� tha� �th� ���per�y �r�� Tr�t�rt�r'� us� �f th� Prap�rty ��mpli�s w�th �I[
<br /> ��ci�tir�g���[i���le la�vs, ardin�nGes��n� r���[f�rti�n���gav�rnmer��td[au����ri�i�s.
<br /> Sr��i��� �� Pramis�. A[I �r�r�is��, �gr�em�nts� and st���m�r�ts 3r��t�r h�� rna�e in t�ri� ���� �f Tr��� sh�ll
<br /> survi�r�tf�� ��c��uti�n �nd d�IE�er��f th�i� a����f Tru�tr �E�all be CDf3�11`]L{E�� �r� r��t�re an���a[� r�rnain in f�t�]far��
<br /> �r�� �ff��t until su�l�tirr���s��rr�w�r's Ind�btedn�ss is p�i�!ir�full� �
<br /> ���Ia�MIV�►TI�N. Th�f�l��vtirin�pr�vi���t�s r�la�ir�g t���r�d�mna�i�n p���eedir�g�are a�art❑#t�is aeed���r�s�:
<br /> pr�����lir�a��. If arn,r ������dir�g Er� ���td�mnat3on is �il�dr Tru��C�r sl���l �ram�atly nati�y L�n��r ir� �nrrr�ir��, �i��
<br /> Tr�ist�r �h��l �rnm�tl��al�� ���h s���� �� m��b� ne��s�ary rta d�f�nd the a��i�n and ����+r� �he awafd. Trust�r
<br /> may a��h���mir��I��r�r in�u��n�r���edin�, �ut��n��r shall 1��en�i�[ed t�pa��i�i��t�i�t�I���r�����in��nd��t��
<br /> repr���n���i in �[E�� �ra����ii�g by ���n��l of it� own �F��ic�r ��d Tru�t�r w€ll �l�l'a��r �r ����� �� he d�liv���d ��
<br /> L�nd�r �u�h irr�trr�m�n�� an� da�ur�er�t�t��r� �� ma� �� r���e�#�d hy Len��r frar�-e tirrr� t� t�rri� t� ��rr�rit �u�F� .
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