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201603394
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Last modified
7/24/2017 2:01:56 PM
Creation date
6/1/2016 10:17:42 AM
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201603394
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........................................................................................... ................................................................ . - - -- - .. ......... .....--- - - - - .... <br /> � 2� 1 ��3394 <br />:::� . <br />.:.� � <br />..., <br />:.� <br />�::� All insurar���poliCies and rer�evu�als sha�l be a�cepta�le to��n�fieiary and�h�ll in�lud�a s�ar�dard°'rn�r�gag� <br />���� claus�'" �nd, �her�applicabl�, ��loss p�g����l�u�e." Trustor shal�grr�rr�edi�t�ly notify F3�nefic�ary�f <br />:.:� <br />:::� �an��lla�ti�n�r t�rrr�ir�ati�n�f�he insuran�e.��r�efi�i�ry sh�ll ha�e$he right t�h�ld th�p��i�ies ar�d <br /> r�r��r�a1s.If��r��fi�i�ry requ�res,Tru�t�r�h�i9 irr�medi�tei�g��e t���r��fi��ary a[�re�e�pts eaf p�id pr�rraius�a� <br />:::; and renevv��r��t��es.LJp�r���s�,TrtaSt�r shal�gi�e�mr��diat�notrce t�the ir�surar�����rri�r�r�d��nefiCiary. <br />:::; <br />���' �ene��sar�rr��y m�k�pr��f�f��ss if n�t rr�a�de imr���iat�ly�yTruSt�r. <br />:::3 <br />�:�� Unle���th�rvvise agr��d ir�►�vri$ing,��I in�uran�e p��ce�d�shal�b�appli�d t��he rest�rati�r�ar r�pair�f th� <br />:::; <br /> Prop�r�yort��h�5�cur�d��bt,vvh�th���r r��tth�n due,a��er��ficiary's�pti�r�e Anyappli�a�i�n�f <br />���` r�c��ds t� r���� al�ha�l r����xt�nd�r �st �r��th�du�date�f�h�5ch�duled a ment r�or�nan ��h� <br />���� P p � p p P p Y 9 <br />:::, <br />::::� arr��un��f any paym��te�r�y�x�e5��rill be paid�o the�rant�r.if th�Pr�pe�t�is�cquir�d b���n�fi�iar�d <br />::::� <br /> Trust�r°s right t�any in�urar�c�p�li�ie�and pr�c��d�resulting fr�m d�rnag�t�th�Pr�perty before�h� <br /> a�quis�t��n shai!pas5��Benefi�i�ry��the��ct�r���f th�S��ur�d D��t i�nm�diat�ly h�f�r�the <br /> a�qu�si�ior�. ` <br />����� ��o ES�F���11��R TA►�CES A111�INSLIFtAIV�E.Un��ss oth�rvuise pro�sded in�separ�te agr�ement,Trust�r <br />�.�� vuill n�t�e�equired t�pay t���ne�a�iary fund�f�r���e5 and ir�suranc�ir��s�r��. <br />::::� <br />_:::� o <br />::::; <br />::::� �1d F�N�IN�fAL REP�RTS AN�A�C]�TI�IVAL D�3�UMEiV°TSoTrustvrwill pr��gd����en�fi�iary up�n <br /> r�quest,any�r�ar���a1 st�t�rr��nt�r informati����r��f�i�ry rr�ay d��r�r�as�r�ably ne��ss�r�.TruS���agrees�� <br /> sign,d�li��r,�nd f�le any additi�nal docum�nts�r cer�ifica�i�ns that B�r��fiei�ry may��n5id�r ne�:essa�t� <br /> perfe�t,��ntinu�,a�d pr���rve�rar�tor's�b�iga�i�ns und�r thEs Se�uri�y ir�stru��n�a�d��nef�csa�y's lien <br />::::a sta�us�r�th�Pr�p�rtyo <br />:.:.; <br />:.:� <br />::::a <br /> ZZ, J��NT AIVD tIVC][VI�LIAL LIA�ILITY;���SI�aIVERS;SL���ESS�RS AND ASS�C�NS��LJIV�o A[l <br />����� du�i�s ur�d�r this S���rit�lnstrum���ar�joint a�d indi�rdual.�f T�ustor s�gns this S��urity Ins�ru�ner�t but <br />�:::� d�es r��t sign an��ide��e of d�bt,Trus$ar d��s sa or�6y t�rr�vr�g�g�Trust�r°s i�t�rest in�h�Pr�perty t� <br />��`� se�ure paynn�r�t of the S�cure�[]ebt and Tr�ast�r d��s n�t agr��t�be per���al�y liabl.�or�the S��ur�d D�b�.�f <br /> this S��urity Ir���rur�a�nt se�ure�a guarar��y b�t��en���eficiary and Trust�r,T�u�t�r agr�es t�vuai�e ar�y <br />:�::; rights that rr�ay pr��r�nt�enef�ciary fr�nn bringir�g�ny act��n�r�6a�rr�again��Tru�t�r�r any party ind�bt�d <br /> und�r�he��lig�tf�n,Th�se rights may inc�ude,but�r�not��rr�it��t�,any ar�tl-defiCi�ncy�r�r�e-��ti�n Ia�v�. <br />_::::� Tru�t�r agre�s that��n�fi�iary and�r�y part��v this 5��urity Cnstrument rr�ay�x��r�d,n1�d�fy or rr��k�ar�y <br />_:::; char�g�i�th��errr�s�f�hi�S�curity Instrurr��r�t�r any evid�n���f d�bt vvith�ut�rust�r's��r�5e�t.5uch a <br /> �h�ng�vv�ll n�t r���a�e Trust�r fr�r�th�terrns�f�hi5 5��uri�y Instrum�nt.�'h�duti�s and b�nefi�s�f this <br />���' Security Ir�strum�nt�hal!�ind ar�d b�n�fi�the suc�e5s�rs��d assigns�f Trustor an� <br /> ��nefi�ial. <br />����� 234 APPL��A�LE LA��SEIIERAB�L�'TYr IIVTERPRE'TAT1�N.This S�curi�y Instrurn�nt is g���rr�ed�y <br />:::::; <br />::::' �h�la►�vs�f�h�jurisd��ti�n�n�hi�h��nefi�iary e�����t�d,�x��p�t�th��xt�nt fltherwi��r�quired�y th� <br />:::::; la�us�f th�jurisdieti�n verh�re the Pr�p�rty is I��at�d.Tha�S��urity Ir�strument i5��mp��te�r�d fu�ly <br />������ 'sr�t�gra�ed.This 5��urity I�s�rurn�r�t r�ay n�t b�arn�r�d�d�r rri�dif�ed by ara!agre�rr��r�$.Ar�y section�n�hi� <br /> 5��ur�ty lnstrum�r��,�ttachmen�s,o�any agre�m�r��r��ated��th�Se�ur�d C]�bt tha���nfli�ts with appl��abfe <br /> lavv vv�ll n�$b��ff�c�ior�,unl�ss tha�la�v��cpr�ssly�r innp�i�dlY p�rrr�i�CS th��a�ia�ians by vvr��t�n agre�m�r��. <br /> If any sectior�of th�s 5ecurity 1��trum�nt�ar�r�v�be�r�f�rced acc�rd�ng t��ts�err�s,$hat s��ti�n wi��b� <br />�=�::i ��v�red and wi1� n��aff��t the�r�f�r�eabElity�f�h�rerr�aind�r�f�hi�Se�urifiy lns$rument.�ilh�nev�r us�d, <br /> �he singular sha1��nclud��h�plural ar�d th�plural the singula�r,Th�cap�i�ns and h��dings�f th��ecti�ns af <br />=::::; �his 5ecur�ty Ir�strurner�t ar�for��n��ni�nc��r��y and�r�no���h�u��d t�in��rpr�t�r define�h�t�rrns�f th�� <br />....� <br />:::::; 5��urity�n�tru�n�r��.Tirne is�f�he�s��ne�ir��his 5��urit�I�strurr��n�. <br />..� <br />:::::; <br />:::::; �4. SU��ESS�R 1"f�L95T'EE. B�nefi�iary,a�E���fic�ary'�apti�n,rpa�r fror�tin1�t��irr��r�rra���Tru�t�e and <br />:::::� �pp�in�a su���s5�r trust�e vvith�ut ar�y�ther f�rmaE��y�har�the d�s�gr�ati��ir�vvriti�g.Th��uc��ss�r�rust��, <br />:::::, <br /> vvithout con��yar��e�f�h�Pr�p�r�y,shaii su���ed to all th�title,p�en�er arnd duti�s��nf��r�d up�n Trust�e by <br />:`::� $hi�S�cur�ty Ins�rur�ent and appli�able�a�v. <br />:::::; <br />::.:� <br /> �5. #V�TI�Ea 11n��ss�ther�is�req��red by law,a�y n�t�c��hatl b�giv�n by d�li�r�rir�g i��r by mail�r�g it by <br />==:::� f�r�t cl�ss rr�ail t9�he appr�pr�a��par�y's�ddr�ss��pag�� �f�his Securi�y Ir�strur���t,�r��any�the� <br />:::::' addr�s�d�sigr�ated in v�ri�ing.N�ti��t�one tru�tor vv�ll b�de�med t�be r��tice��af�trust�rso Trust���nd <br />:::::; E�r��fi�iary h�r��y�equest���py�f any r��ti��vf de�aul�d and a��py�f�r��n��ic��f sal�th�r�under,b� <br />:=:::� r�ai�ed t��a�h party at�he address f�r such par�y set for�h�r�page 1 of thi�Se�urity <br />:::::; <br /> Ins��urr���t. <br /> r (pc�ge 6�f 7) <br /> � A <br /> ��` _1994 VII�lt�rs itluwer Financial 5er�ices w�ankers Systems �' ��rm�JSB-REDT-NE 111'I fil2�1 2 _ <br />:::::; <br />:�:�:; <br />
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