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<br />��� 1�. ASS��IV1U�EiV7'�F LEASES���REIV'TS.`Trustor irre��cabl�gr�n�s,��r���ys and s�lls��Trus$e�,i�
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<br /> �ru$t f�r�h�b�n�fat�f����fi�iary,as additiona�s��urity all th�r�gh�,titl�and inter�st in arad�o any an �
<br /> �x�Sting�r fu�ur�le�5es,sub�eas�s,ar�d any otf��r►rvri�t�n�r verbal agr��rrients f�r the us�and���upancy of
<br /> any po�ti���a�the Pr�p�r�y�encl�ding any�xt�r�s��ns,r�newa�s,r��difieati�ras�r substit�ti�ns�f 5u�h
<br /> agr�er�ents�a��re��rr�d�o as°`L�ases"}and r�n�s,issues�nd prv�its�all r�f�rred��as R�n�s }e Trust�r�nri1�
<br />:::' pr�r�pt�y�r��ide��nefic�ary vv�th�ru�and�orrect C�pie��f all existing and futur�Leases.Tr�s��r r�ay
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<br /> ��Ilect,recei�re�enj�y and us��h�Ren�s ss�l�ng a�Tr�astor is r���in default und�r$he��rms���his 5e�urity
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<br /> InStrurner-��. .
<br />=::; T�us���aekn�wl�dg�s th���his�s�ignmer�t is p�rf��ted upan th�r��ording�f thi�[]e�d�f Trus$�nd that
<br />-�' ��n�fic�ary is en��tled t�notify��y�f Trus��r's t�nan���❑rna�k��ayr��nt of R�n��du��r�o be�or��du�t�
<br />.. ��r��ficiary.H��e�er,��n�fi�i�ry�gr���tha��nly�n default►�rill��r��ficia�y r���i��T�ustor and Trus��r's
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<br />:::� t�n�n�s and rr�ake derr►ar►d�hat�II futur�Ren�s b�paid dir�etiy to��n�fi�ia�ry.fln r��ei�ing rat��ic��f d�fau��,
<br />�:�� Trust�r vvill endorse and d�l��rer��Benefi�sary any payrn�nt v�Ren�s in T�us��r'�p�ssessi�n and will r���i��
<br />=��# any R�rr�s in tru�t f�r��neficiary�nd v�ri�l nat��rnr�n�ngle the Re�ts�vith any�ther�u�ds.Any amoun�s
<br />�:�� ��Il���ed�ili���ppii�d as pr��ided in this Se�uri�y Ir�strur�ent.T�ust�r warrants that no d�fau����cis�s unde�
<br />���j the L�ases�ranya��licabl�l�ndl�rdlten�nt��v�.Trus�aralso�gre�5��rr�a�ntain and requ�re�nyt�nantto
<br />-:::� ��rnp�y�vith the te�r�s��the LeaseS a�d�pp�i�ab�e 1�we ,
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<br />�:�a �3. LEASEH�LI]Ss��N�C�I�ISNIUlV�S;PLAIVIVED UlV1°T DE11EL���JIEIV°TS.Tru�t�r ag�e�s��car�n�ly
<br /> with th�pr��ss��n5 of any��a��i�this���urity Instrum�nt is�n a lea5eho�d.�f the Pro�aerty in��ude��unit in
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<br /> a c�r�dorr�ir��urr�or a p�ann�d ur�st d�vel��rri�nt,Tr�s��r►niig�per�e�rrr�all of Trust�r°s du�g�s under$he
<br /> cov�nan��,byela►nrs,�r r�gulati�rr��f the���d�miniurr�or plar�ned ur�i�
<br />�:::� d�v�lflprn�nt.
<br /> �4. �3EFAlJL`T. Trust�r o�v�l!b�in d�fault if any party�blig��ed�n th�Se�ured��bt fails��rr�ak�payrn�nt�vh�n
<br />:::::� due.Trust�r vvi�l b�i�defaul��f a�r��ch occurs und�r th�t�rrns�f�hi�S��ur�ty in�trurr��r�t or any oth�r
<br />::::� d��ur��nt exe�u�ed f�r�h��urp�����c��a�ing,s��uri�g�r guaran�ying the S�eur�d Deb�o A g��d faith be�i�f
<br /> by��n�fi��ary�hat��r�ef�ciary at any��rr��is insecure�ith respe����any p�r�vr�or�n�ity�bligat�d on the
<br />::::� Se�u��d De���r tha�th�pr��pe�t�f any�ayment ar�h�va�ue�f�h�Prop�r$y i5 ir�pa�red sha��als�c�ns�itu��
<br /> an���nt�f d��aul�.
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<br /> '�5� �ElV�E��ES�1V[]EFAULTv�n s�rr��instanc�s,fed�r�l and g��te 9a�v will r�quir�E�nefi�iary t�pr�vid�
<br />:::::a Trus�vr with n��i���f�ne right t��ur��r�th�r r��ti��s a�d rnay�s�abl�sh tir�e s�hedu��s f�r f�r��losure
<br /> a���on5.Subj�c$to th��e iimit�tivns,if any,E�n�f�e�ary rr��y aC��l�ra�e th�S�cur�d C��bt and��re�lo5e this
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<br /> 5�curity 1ns$rurrti�r�t in a r��nn�r pr��ad�d by law if Trus��r�s in d�fauit.
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<br /> A�th���ti�r��f��n�fi�iary,�lL�r�r�y p��fi�f th�agreed�'e�s and eharg��,accrued ir�t�r�st and prin�ip�l
<br />�����{ shail b��orr��ir�med�a�el�due ar�d payabl�,aft�r gi�ing r��tic�i�r�quir�d by�avv,u�aon th�oc�urr�n�e�f a
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<br />:_:::'; de�aul��r�r�y�im��her�after.�n additi�n,�en�fi�iar�sha�!be en�itl�d t�all the�ern�dies pr��ided by law,
<br />������ th�$err�s��th�5��ur�d De��,$his 5��urity Inst�urr�e�t and ar�y r��ated docum�nts,i�cluding with�ut
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<br /> lirr��tati�n,th�p�vu�r t�sell th�P��per�y. �
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<br /> If$her�6�a d�fault,Trust�e shall�in additi�rr t�any�th��p�rrni���d r�rr�ed�,a$th�requ��t o�the
<br /> E���fi��ary,�dvertEse��d sell the Prop�rty as�v�rhole�r in�eparat�parc�ls at pubiie au�ti�n��th�hig��st
<br /> bidder f�r�a5h as�d��n���r ab�vlute titl�fr��and�l��r�f ai1 righ�,title and in��re5t of Trust�r at�u�h ti��
<br /> �nd�lac��s`Truste�d�s��na�es.Trus�ee shall g���n�ti�e of�al�in�l�ding the time,terr�s and place o�sale
<br />::;::i ar�d a d�sc�ipt�an�f the pr�p��y�t�b�s�1d a�required by the appli�a�l�lavv in��fec�at th�tirr�e of�he
<br />����' pr�p�sed sa��.
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<br />:::::5 L9po�sal��f�h�Pr�p�rty�nd tv the�xten$r�a�pr�hibit�d by lavv,Trus�ee shall mak�and deli��r a de�d t�
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<br /> ��, th�Pro��rty s��d wh�eh��nv��s abso[u��titl�t��he�urcha5�r,and af�er f�rst paying ail�ees��harg�s�r�d
<br /> c�st�,shall pay����n�fi�iary a�l rn�n�y5 ad�a��ed�or r�pair5�tax��,IC15l.II'lf1C�o�iens,asses5rnen��ar�d pri��
<br /> �ncurnbran��s a�d inter��t ther��n,and�h�prin�ipal and ir�tere��o�a the Se�ur�d�e��,pay°sng�he surplus,i�
<br />=-::::� any,t�Trust�r.�en�ficiary rnay pur�ha���h�Pr�p�rty.Th��e�i$a�s in any de�d v�c�r�vey�nc��hal0 be
<br />.....,
<br /> � prima fa�ie evidence�f�he fa�t�s�t f�rth therein.
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<br /> A{I remedies�re d�5�inc�,�umula�i���nd n�t ex�lusive,ar�d the Een�fiCi�ry is�ntitled t�a�l rer��di�s
<br />==:::: pr�vid�d at la��r�qu��y,v�h��h�r�r n�t e�cpr�ssly set f�rth.Th���e�pta���by�en�fi�iary�f any�um�n
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<br /> payrrrl ent�r par�sal p�yrn�r�t�n th�5e�u r�d��bt af�er�h�bai�n ce i�d u�ar i S�c�el�rat�d�r�f�er f��eclo�u r�
<br />=::j pr��e�dings�re fil�d shall n���onstitute a vtirai��r�f�er��ficiary°�right t�requir���r��i�t��ur��f any
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<br /> exi�ting defaul�e�y n�t�x�rcisir�g any r�rmedy on Trus��r's default,B�nef�cia�y d��s r��t vvai�e B�neficiary's
<br /> right t�late���n�id�r th�eo��n�a defaul$af��C�ntinu���r happ�n�
<br /> �g���. @ page4�f7� .
<br /> v 1994 W�lters Kld�wer Financia!Serviees-Bartk�rs Systems � Fvrm L95B-RE�T-NE 11 J15120]2
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