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2� 1 �� 157�
<br /> ���� �� �����
<br /> ���� ��n ��������� ����t�r�ue�� ���� �
<br /> Trustor presently assigns ta Lender {alsv knvwn as Bene�i�iary in this ❑eed of Trus�� a!� �� Trustor's right. �i�le, and
<br /> in�erest in and to a�l pr�sent and �uture leases a� �the Property and all Ren�s from the Praperty. �n addition, Trustvr
<br /> gran#s�o Lender a Unifvrm Commercia� �vde security interes�in the Persvnal Property and Rents.
<br /> THIS DEED �F 1`i�LJST', ��CLU�I��l'HE ASS1CN�liENT�F F�ENTS►�N❑THE SECUF�ITY ��TEI�E�T t�l TWE F�ENTS AN�
<br /> PE�S��►�L P��PEFi�Y. �S �I11E�T� SE�URE {�1} P►4�f il�EN� �F THE I�V�E��'E�NESS A�l1� t�y P�RFaR�A►�VCE �F
<br /> EACH DF 7RUSTaR'S ACREE�IiENTS �4N� ��LIG�1T'��NS UNDER TH15 �EE� �F TRUST. TI-�15 DEED �F TRUST IS
<br /> CIVE�9 A�I[]�a�CEPTED��9�HE FnLL��lINC TEF�il�S:
<br /> PAV�E�T �aI�D PERF�I�i�[►�i�CE. �xcept as otherwise pro�ided in this Deed o� Trus�, Trustor shalf pay t❑ Lender all
<br /> amounts seGured by #his ❑eed ❑f Trus� as they became due, and sha[I str�ctly and in a timely manner per�orm all of
<br /> Trustor's obEigations under the Credi�Agreement,this ❑eed ❑f Trust, and the Re�ated I]�cuments.
<br /> PDSSES�1�� A�1� �►�I�lTE�V►��CE 4F THE PR�PERTY. Trustor agrees �hat Trustvr's possession and u�e af the
<br /> Proper�y shail he go�erned by�he following pro�isions:
<br /> P�ss�ssivn �nd Us�. Unti� the ❑ccurrence o� an E�ent a� ❑e�ault, Trustor may ��� remain in passession and
<br /> controf vfi the Prvperty; �2y use. operate vr manage�he Property; and �3f �ollect the Ren�s�rom�he Property.
<br /> ��a�y �o �fi�'rn�ain. Trustor shall main#ain the Prvperty in gv�d condition and promptl� perform ali repairs.
<br /> repfacements, and maintenance n�cessary�o preserWe Ets value.
<br /> H�z��aiaus Subs��nces, Trustor represen�s and warrants that '�he Property n�Wer has been, and never will be so
<br /> long as �his Deed of Trust remains a �Fen an the P�vper�y, used '�or �he genera�ivn, manu�a�ture, s�orage,
<br /> �reatment, disposal, release or �hreatened refease vf any Haza�dous 5ubs�ance in WioEati�n of any En�i�onmental
<br /> Laws. Trustar auth�ri�es Lender and its agents t❑ enter upon the Praperty tv make such inspectians and tests as
<br /> Lender may deem appropria�e t� determine compliance af �he Praper�y with this section o� �he Deed of Trus�.
<br /> Trustar hereby ��} re�eases and wai�es any�utur� c�aFms against Lender for indemnity❑r contributi�n in the e�en�
<br /> Trus�ar becvmes liable for �leanup ar ather costs und�r any such 1aws, and �2y agre�s ta indemnify, de�end, and
<br /> haid harmless Lender agains�any and a�� claims and �osses resuiting from a breach�f this.paragraph❑�the Deed❑�
<br /> Trust. This obliga�ian to indemnity and de�end shall sur�i�e the payment��the lnde�t�dness and �he sa�isfactian
<br /> at this Deed o�Trust.
<br /> �UE❑�I SALE-C��SEi�T �'� LEf��ER, Lender may, at Lender's option, declare imm�dia�ely due and payabie all sums
<br /> secured by this Deed of Trus-�upvn th� sale vr trans�er, wi�hout Lender's prior written c�nsen�, o€aii or any part of�h�
<br /> Real Property, vr any in'�erest in the Real Proper�y. A "safe vr��ansfer" means the can�eyance af Rea[ Prvperty or any
<br /> right, title or �nterest in the Real Prap�rty; whe�h�� 4ega4, beneficia4 or equitab�e; whet��r �n�untary or in�nluntary;
<br /> whether by ou�ri�h� safe, deed, ins�a!lment sale c�ntract, land Gontrac�t, �ontract #or deed, leasehoEd in�erest with a
<br /> �erm gr�ater than �hree �3} years, �ease-ap�ivn cvntract. a� by sale, assignmen�� or�ransfer ��any bene�iciaf in�erest in
<br /> ❑r to any land trust hvfding title ta the Rea[ Prvperty, or by any �ther me�hvd o� con�eyance o�an in�erest in th� Reaf
<br /> Praperty. Hawe�er, this option shall na#� f�e e�cercised hy Lender if such exercise is prahi�i�ed by �edera� !aw ar by
<br /> [Ve�aras�a law.
<br /> T►��ES e��1[] LIE�S. The �allowing pro�isions relating ta �he taxes and liens on th� Prvperty are part of�his Deed ❑f
<br /> Trust:
<br /> P�yr�en�. Trustor shalf pay when due �and in ail e�ents prior to delinquency} a!I�axes, specia��axes, assessments,
<br /> charges �incfuding water and sewer�, �ines and imposi�ions [evied against or on a�c�unt o#�he Prope��y, and shall
<br /> pay when due a�� claims �ar worl�done on or��r services rendered vr material �urnished ta the Prvperty. Trustar
<br /> shall maintain the Proper�y free o�F all liens having prEarity o��r or equal ta the interest af Lender under�his �eed of
<br /> Trust, excep� �ar �he fien o� ta�ces and assessments not due, excep� �For the Existing lndebtedness �-eferred to
<br /> be[ow, and except as❑therwise p�o�ided in this ❑eed af Trust.
<br /> PR�PERTY D��i�1�E��ISu�ANCE. The fa��vwing prv�isianS relating t� insuring the Praper�y are a par�v��his Deed a�F
<br /> Trust.
<br /> ��in��nanc� �� �nsu�ance. Trus�ar shal3 procure and main�ain paiicies vt �ire insurance wi�h standa�d ex�end�d
<br /> cv�erage endors�ments vn a fair �aiue basis for �he fufl insurable �a�ue co�ering all Impro�ements �n the Real
<br /> Property in an amaunt su��icient �o a�oEd applicatis�n o'F any �vinsurance �lause, and with a s�andard mor�gage�
<br /> clause in�a�or of Lender, together with such oth�r ha�ard and liability insurance as Lender may reasonably require.
<br /> Policies shal� be writt�n in �orm, amaunts, ca�erages and basis reasonably acceptable �❑ Lender and issued �y a
<br /> company or cflmpanies seasonabjy acc�ptab�e to L�nder. Trus��r, upa� reques� of Lender, will deliver ta tender
<br /> �rom time t� time�he policies ar certi�ica�es ❑� insurance in �orm sa�isfactory�o Lender, including s�ipulatians that
<br /> ca�erages will nvt be �an�elled or diminished withvut a� least ten {�fly days pri�r writ�ten notice ta Lender. Each
<br /> insuranc� policy aiso shall Enclude an endarsemen� prvWiding that co�erage in ta�or vf Lender wilf not be impaired
<br /> �n any v►ray by any ac't, omissi�n ar defau�t vf Trus�or or any other person. 5hvuld �he ReaE Property b� located in
<br /> an ar�a designated by the Ad�-r�►inistrat�r a�the Fed��al Em�r�en�y Managemen�t Agency as a specia[ #�oad hazard
<br /> area, Trust�r agrees �o ob�ain and main�ain Federa� Flaad fnsuranGe, if a�ailable, �vr the maximum amount af
<br /> Trustar's cre�i� line and the tull unpaid prin�i�ra! balance of any prior liens �n�he prvperty securing the fvan, u��o
<br /> the ma�imum palicy limi�s set under the Na�+vnal FEvod Insurance Program, vr as❑therwise required by Lender, and
<br /> �❑main�ain such insuranc���r th�tsrm af the I�an.
<br /> LE��]�R'S E��E�DI�'URES. I� Trustvr �ails ro� �o keep #he Prvpe�ty free of aR! taxes, iiens, sE�uri�y infie�ests,
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