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... ............................................................................................................................................ ..... .... ... ... <br /> ....................................................................................................................................................................... ........................................................................................................................ <br /> ....................................................................................................................................................•------------------------•-----•----•---------------............. ................................................................--------.... <br />:_::� <br />-::::::� 2� 1 ��7883 � <br />-•:•:i <br />.•:•3 <br />�:�;�� . <br />:�:•� <br />:::::3 <br />..�, <br />:::::; <br /> 1�e A551�1V�ENT�F LEASES AN�RENT'S�1"rust�r irr�v�cably gra��s,c�r���ys an�s�lis t�Truste�,in <br /> trus�f��th�ber�ef�t�f E�r��fi�iary,as add�ti�na�s�cu�ity all th�r�ght,t�t��ar�d��t�rest�r�ar�d t�ar�y a�d a�l <br />=::::' existing�r futu�e I�as�s,sub�eases,and any�th��w�itt�r��r o��rb�l agr��r��nts f�r�he u5�and���upar��y�f <br /> ar�y p�r�s�n vf the Pr�p��ky,ar��luding ar�y��ct�r�si�r�s,r�r��vvals,nn�d�ficatior�s�r su�sti�u�i�ns�f su�h <br />::::' agr�er��r��s�all r�f�rr�d t�as'�Leas�s"'}and��nts,issues�r�d pr�fit��a(I r�ferr�d t�a�"R��t�"'�.Tr�a���r v�ill <br /> pr�rnptly pr��ide����fi�i�ry�nr�th�ru�ar�d��rre�t c�pies of a�l�xis�ir�g a�d fu�ur�L�aseso Trust�r�ay <br />==��� ��Ilec�,r�c�i��,�r�joy and us�th�R�nts so I�r�g as Trus��r is r��t�r�d�fault ur�d�r the����s�f th�s S��ur�t� <br /> �n5trurr��nt. <br />:::::; <br />�����{ Trus���ae�no�nrl�dg�s that th�s assig��n�r���s p�rf�ct�d up�n the re��rdi�g�f thi5 D��d�f T'�ust and th�t <br /> ��r��fiCiary is�r��r�l�d t�not�fy any�f Trus$�r°�t��ar�ts ta mak�payrr�ent�f R�nts due�r t�beC�me du�t� <br /> ��r�eficiaryo H�vw���r,��r�efi�'ra�y agr��s tha��nly an d�fau�t�il���r��fi�iary n�tify Trusta�ar�d T�us�ar°s <br />:=:��:� te�ant�a�d mak�dema�d that all futur�Re�ts be paid dir�ctly t���n��ieiary.��r�c�i�ir�g r��tice�f d�fault, <br />:=::::� `Trus��r wil��nd�r5�ar�d d��i���t�Een�fi��ar�any payrr���t�f R�r�ts i�T�ust�r's p�s��s�i�n and�vil�r���i�� <br /> ar�y R�nts in trust f�r��n�fi�ia�y a��vvill r�o��orr�r��r�gl�the Rents vvith any oth��fu�ds.A�y arr��ur��s <br /> ���1��t���nrill b�appli�d as pr���d�d in this 5�curity I�strus°��nto Trus��r��rarrar�ts that��d�fault ex�st�und�r � <br />::::::a th�Leas�s�r any applicab�e lar�dl�rditer�an$!a►�,Trust�r a�so agr��s t�m��rrtain and r�q�a�re ar�y ter�a�t t� ,. <br />:::::; <br /> c�mp�y w�th th�t�rm5 af the L�as�s a�d appl��able lavv. <br />::.:� <br />:::::::, "!3a LEI4SEH�L�S���ND��PI�NIlJ�S;PLANNE�L1NIT�]EVEL�PMENT°S.Tr�st�r agr��5 ta��r�ply <br />::::::i vv�th th�pr�e�is��n��f any I�ase if this S�curity lr�s�rurr��nt is�r�a I�aseh�ld.If th�Pr�p�rty�r��lud�s a ur�it in <br />::::::; a e�r�dvmir�ium�r a plar�n��unit d�v�l�pme�t,T"rust�r vvi�l p�r��rrrr�!I�f TruSt�r°s duti�s under th� <br /> c���nar�ts,by�9avvs,�r r�gu�a���r�5�f th���r�d�r�ir�iur��r pla���d ur�it <br /> ����I�prn�r��. <br /> 14v �EFAI�LT� Tru�t�r vvi[I be in def�ult if�n �r� obli at�d�n th�Secur�d��bt fai�s t�make a rr��nt when <br /> Yp Y � p � <br />=������ du�.Trust�r�ill be in d�fault�f a br�a�h�e�ur�ur�d�r th��er�ns�f this 5�cur�ty I�strum�r�t�r ar�y��h�r <br /> d��ur��r�t��cecut�d f�r th�purp�s��f crea�ing,s�curing�r guar�r�tying th�S��ured C]�bt.A g��d fa�th b��i�f <br /> by Een�fi�iary that��r���iciary�t ar�y tirr���s i�seeur�vvith r�spe�t to ar�y pers�r��r�ntity�b�igat�d�n th� <br /> 5�cur�d��bt�r that th�pr�sp��t�f any payr��n$�r�h���lue�f the Pr�p�rty�s innpair�d�hall a�so c�nsti�u�� <br /> ar��o��r�t�f defaul�. <br /> 15a RE1�E��ES�N DEFALlL?°.�n s�me inst�nces,f�d�ral a�d��a��6avv vvill��quir���r���ciary t�pr��ide <br /> � Trust�r vv�th r��$i���f the r�ght t��ur��r��her r�oti��s ar�d rr�ay�stablish tir���ch�dul�s f�r f�rec��sur� <br />:::::; <br /> a�t��r�se 5ub�e�t t�th�s�lirr�i�ati�ns,if any,��n�fi�ia�y nnay a���l�ra��th�S��ur�d�eb�ar�d f�r�c���e�his <br /> : 5�eurity i�st�ur�t�nt ir����nr��r pr���d�d�y favv�f 1`rust��is ir�d�faul�. <br />:::::; <br />::.:� <br />.....� <br />.....� <br /> At the�pti�n�f��nefi�iary,all�r ar�y par��f th�agr�ed fe�s�nd�h�rg��,a��ru�d ir�ter�s�ar�d pri�C�pal <br /> sha�l be��me ir�r�ediat�l�du�and p���bl�,aft�r givir�g n�tic�if requir�d by lar�v�up�r�th��c�urrer�c��f� <br />:�:�:; default�r a���rr»th�r�a��r.Ir�additi�n,��n�fi�ia�y shall b��ntitl�d t�ai9 th�rer��dies pr��id�d by I�w� <br />�����' �h�t�rrr�s�f th�5�eur�d D�bt,th�s 5�cur��y Ir�s�rur�����nd any r�iat�d d�cur��r�ts,i��lud�rag�vith�ut <br />:=:::� I�rn��at���,th�povver t�s�ll the Pr�p�rty. <br />:::::3 <br /> If�her��s a d�fault,Trust��shall�in addit��n t�ar�y�th�r perr�i�t�d rern�dy,at th�r�qu�s�af th� <br />=���� ��r��faciary,adr��r��s�ar�d s�(I th�Pr�p��ty�s a v�h��e�r ir�5�p�r�te par��ls at public au�ti���t�th�highest <br /> bidd�r f�r ca�h and C�r����abs�la�te�title fre�ar�d��ear�f al��ight,titl�and int�r��t�f Trust�r at s�ch�irr�� <br />_:::� �BICI�7�dC��5 TCuS$��C��51gB1�$�So TruSt��shall gi��r�o�ree�f saie i��luding the$irr��,t�rms ar�d pla���f s�l� <br /> and a d�s�ripti�n�f th�pr�p�rty t�b�S�Id as r�quired by th�appl��a�bl�lav�ir��f���t at the tinne�f th� <br /> �r�p�sed sal�o • <br /> 11p�r�sal��f the P��p�r�y a�d to the e�ctent n��pr�hibi��d by iaw,`Trus���sha�l r�ake and d�li��r a d��d�o <br />_:::::' th�Pr�p�rty���d whi�h��r�veys abso�u���st�e t�th�pu��ha5��,and�fter first p�yir�g ali f�es,eharge5 ar�d <br />==��s eost�,sf�ai9 pay����n�f��6ary all r�n�r��ys a�d�ar�c�d f�r r�pairs,ta�ces,ir�surar���,li�ns,�ss�ssrr�er�ts and p�i�r <br />_::�::; �n�urrtibran��s as�d ir�t�r�st th�re��,ar�d�he p�in�ipal�nd ir�ter�5t��th�5e��s��d�eb$,paying th�surpius,if <br /> any,tv Trust�r.E�nef��iary r�ay purchas�the Pr�p�rty.Th�r�cita�s i�ar�y deed�f��n�eyas���shall b� <br /> p�irr�a faC�e�r�id�r����f th�faCts se�f�rth th�re�n. <br />::::; <br />===��� AI�r�m�di�s are distir��t;curr�ul�ti�e ar�d r����xciusio�e,a��the�en�f���ary is���itl�d to a�l��r�n�d��s <br />_:::::, <br /> pr�vid�d a�law�r�qui�y,wh�ther�r not expr�ssl�set f�r�ho Th�ac��ptan��by�en��ciary�f ar��sum i� <br /> ' pa�nn�r�t or pa�tia�paym�r�t�r�th�S�cur�d C]�b�a�ter th�balan��is due�r i5 a����e�at�d or aft�r f�r�Cl�sur� <br />::::; <br /> pro���d�r�gs�r��I�d shal�n��c�n�titut�a wai�e��f��n�fi�Baryr'S r�gh���r�quir���rr�pl�t��ur��f�r�y <br /> ��cAs���g defaulta Ey��t��c�rcas�r�g an r�rr��dy on T'rus��r s d�fault,���ef�C�ary d��s r��$�aeve��n�fieiary'S <br /> right t�la$�r C�r�sid�r th��o��nt a d� ault if it���tir�ue��r happ��s <br /> ��� agai�. <br /> �page �f 7� <br /> _ i 99��1el�er�6�luv►aer Financial Serv�ce�-�ankers 5ystems � Farm L1SB-RE[7T-NE 111�GiZQ12 <br />:::::; 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