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JUN - 15-2000 1340 US BANG QUALITY CONTROL 612 973 6200 P.03i14
<br />(e► Al applicable laws and yegtdhtions, irdudrip, wtlhott le Mink u, the Arrieriow with DisabWas AM, 42 U.S.C. Section 12141 at seq. (and at
<br />ragdations promuoteci ttwnw rKler) and art zoning and bAM laws and ropubtloln rel" to to Property by virsa at airy federal, it= or rLi icipal
<br />aufiorlty with jurisdiction own the Property. presently are and shall be obearved and mrtialled with In d rrimerid respada, and all rights, lianas,
<br />final inspovion
<br />pentius, and raddowas of occupancy (MU MV iNA not III I b zorirg vwWncae, SPKW excapttom br rwcwbrkeg Laws, and
<br />yes v
<br />approvakl, whether ur porary or pennevare. which are Moral b to use end oocull of the Property. premq* am and shall be oblsirod,
<br />air
<br />preserved and. whom moray, renewed:
<br />(d) Granter rule the right and is duty snAtatzed to exienim and perform b aggellons under this Dead of Trust and arse actions do not and shell red
<br />wnitial rvllh the pro►isions d my steles, mghtdbrh. hXdlnena, rule d law, contract or other agree nem which may he Nndirg on Qrottor glary time:
<br />(w) No action or proceeding is or shall be pwdW or fteemmed which rip ffwwi ly affed ifs Property: and
<br />(i) Gromor has ral voluted rod shut not vWAM any Mona, repttlert m, Ordinance, nula d taw, contact or other agroornew (bclucli (l, team IW*W to,
<br />those gever" Hazardous Materials) which right nateelelty affect the Property or Louts rfgMs or tmweM it the Fropwty PAWMt to 1Ms Deed of
<br />Trust,
<br />i PRIOR DODS OF TRUST. Granwor represents and wamme thy there are no prior duds of" df*Ag arty pwr at the Property except as sat forth
<br />CW mor lag a B amaeh aka abr ounis owed, perform abYpdiora regutred, under such dials ott trust and the i indebtedness, recurred thnmby and Au7ur
<br />agreesr agrees b pay
<br />agrees that a dafautl nrxbr any stria deed d trust shell be a debsit nrhd.r fiia Deed of Tn»t sfld shell ernUtie Lauhda to all rights and nrnadss oontwrsd
<br />harsh or In to Obligaions b which Lender would be entitled in the mint of arty other dMa k
<br />4. TRANSFERS OF THE PROPERTY OR BENWpAL WMEWM N GR%WTORS OR SOIg10M1GRS. In the wont of a sale, ommyanoe. Ieeu,
<br />contract for dewd or trandw to any person at d or sully pat of the red property hiss, I I in Schedule A. or any Moores:0 imaih, or of all or any beneficial
<br />Interest In Borovra' or Grantor (it Bananer or tdrantor is not a mlufal i:l , n or parsons tout Is a corporation, lmlbd iebiby tympany. parnefshhl trust. or
<br />other Neal entity). Larder nay. at his option declem the out andrp prfrtdpal bdara d ter Plus accrued ued Imerm tlnmon Mmad wely due end
<br />payable. At Lender's request, Grantor or Borrower, as the ease may: be, Mitch furnish a Borrow ataMrrent setup brut all d is smckholdws, rrrerrtrws, or
<br />partners, as appropriate. and toe extent of their respective owneroNp i terosls.
<br />S. ASSKMMENT OF RMTS. In consideration of the Ohlgdbm which o seared by this Deed of Trust Grantor ebaohrtely camera la Lander all
<br />Grantor's oda*. right rite. I-ON al, do and dwrwW now owned or hersel amked in d exis ing and Niue leases of to Progeny (induding
<br />exlensions, renewals and subleaws). all apmwrwme for use and agency at the Pmpw V (al andh own and agreements whether written or oral, are
<br />hwrasiter referred to as the 'Usa m), and all quarartles at Msewas' perfomana Lynch to Leases, xquiber with she Ymedata and continuing right to
<br />collect and receive all of the rorta, ineollw, receipts, memos, Issuer, profits and other Wmrrw of erw naara now or rare her der (Mndudhng any i cor a of
<br />any nature rwrnMg due during any redertplsm Perm) udw the Leases or bum or wiring out of the Property including rr rAmtorn ran, additional rants,
<br />ooftwmw tar ad Insurance oonMbutiorw, dobda" rams, tgutdatad damages following
<br />Percentage rams, perli or corirrim area rraitenaee
<br />defauh in wry Lease, tip proceeds payable under art poky of ihaetrw ooveritg lows of rats noWli g Mom uaaorsaliltty caused by destruction or
<br />damage to the property, d ptsoeeda payable as a result of e WSW's exercise d an option b purchase to Property, all proceeds dwtved tram the
<br />lerrrirnatlon or mjertbn d any Lease in a hanlmrplay or otlef ktsoMeney ad at proceeds from any rights and oWirrF of any Pond which Gramor
<br />"Radial.
<br />may rave apache iessae under tho I== at any occupants of tow party (0, of ore above are haeaNer ooledi%* reUrred to as the This
<br />asslprarwnt is b ire riphl, power and a nhority ow to the Lades to collect and apgy the Rerna. This anigMtwit is recorded In aaocrdsha with
<br />appkoeble afar law, the Mare aoeMd by tits ahssigretwrt a stathdad a loo spsdte, pakated ad dtouw upon ter raondno d fiis Deod d Trust. ale es
<br />Pavlded by appticabb alale law es strnwded ►rem tirro b Wow. Aa Icrtg as them is no tleAault tMxpr to ObIl rbrw or this Does! of Trust, Lie Ww Wants
<br />Grantor a rehrooehis loaner b tylod d Rams tam the LOWS whop 3o ad to we audit proosede in Oramlors mri acc oporai ons. However, Lender
<br />raY a arty 1lRk rulub'e tlrarrlor b daPosM d Rota into an nnooarm rnalrtsiined by Glmntor or Larder at Landsls institution. Upon dataun In oho payment
<br />d, a it the parsornranoe ells +act d tow Qpltgetbm. Lerrder ray d Me option tape passes el of t1w p�opady and have, hold. menage, lease ad chemise the
<br />Property on Minton aand ter a prated d timsr ihet Landau deans Crapes Leruder maY prtyeed b oroled and reo0ve all Rwts from the property, and Lander
<br />pours Mt
<br />stall raw lull power b nthsla aMwratas, rwhdntma. mpain or replecsnrftr b ttw Property es Lander rrtay ufeam proctor. L wndar may appl�+d
<br />is and any
<br />exile w•s sole deoretlon to payruam d ter t7dipY hilt the Prwpeny tpariodicdy end MN wch and apwalion d Property. + Lender may Iwp the
<br />property boperty b insured and P �. ��, � ands which tray arrona. The experwa and oat d toes
<br />is is rney be from to R��.and wry unprd amdrns dine be added to the principal of the Obligations, These amounts. together with
<br />other costs, ahaN become pert of is Obltpallom secured by tic Dead d Trust.
<br />6 USE AND MAINTENANCE OF PROPERTY. C'wxwr droll rake all audarw end make arty mpara readied b mai ion the Property In good condition.
<br />*it d I b urn Progeny. Qramor rtwll use the Property eddy in torpliana whin
<br />Grator shell not corradt or pemN why waste to be con., With I'MOP
<br />mWicsWa law and i gurenoo Ij,' . Grano shat not mein any Awaions, addtbm or kriprewrrwnts to to Property without Landw'a prior wdhen
<br />consent. Yfihoul lmitire the tomooft al alNraUarm, adrilen0 WW' c rrarla to the Property shalt be Kkod to the tenefici "emu helongkg
<br />b lender, slat not be i moved without Lender's Prior wrM en ewawd, and shall be node et Gmn s tale axpome.
<br />7. LOSS OR DAMAGi. Gfwdor Mel bear the entire rick of any loss, OW, doatntdbn or damage (amAatively "Loss or Dwrwgel to the Property of any
<br />Meteor from
<br />Properly, raper' the affected Property to as
<br />previous condition a play or cause to be paid b Lerida Aw M ter fair Markin vskm of tw ~vd
<br />& INSURANCE. The Property wig be kept insured for ib hA ibuebls vaan (+er>laarnem cost) against all hazards Including loss or dsrrage caus ed by
<br />tire, to the d by Larder. Grantor may a6leirn irwAu on the Properly from such
<br />Good, eemh4Woe. fenrndo ad than or other eawdy extent .01**
<br />cortparoe� as ere aoospoble to larder In Its toe dscrMbrt. The insurance policies shelf ►apNe the Insurance aanpany b Pow Lades with al least
<br />3 tJ days winch rake bebro such pokm as atered or canceled In cry manna. The inscr rm policies OW nano Lender as a bas
<br />�y�6 crud pr v�h Iltll no aG a orllbskrh d GfaMOr 0f any dhtef pwaorl shralt aced to nf/a of Landes b be paid 4w isuwha pfOOeedi patolil g to to
<br />less at durrtl0ga Ot lho ProP�Y. In Una oat Grantor gals b arxlhiro of mYnteh (nsaathes, Lerndw (olio proNdinrp naMoe of tray lea raquied by kw) race
<br />kits discralicn paocua ireuraxw oovarega upon the Property and toe Inarance cos shall be an aerahoe payable and has Ir arm as
<br />'pEIM�MBdf EXPENDED BY LENDER" hhwnwty. Grater thrriah with
<br />detcuibad h rtr l7F AMDUNTB pypprapp� and named shalt
<br />avldance ot irhsurahow ktiAcalkq tlw raqulnd coverage. Lernder mty ad m attortwy ih -lad tar GrdMw h rrnaldrg Mind sotting rJairns under Insuraha
<br />pdie es, rarhwNYg arty pWoy a wdorsrp Orators nary on kitty droll or MgoMahN instrurart dram by any insurer. Al such kwuahce policies shall be
<br />in
<br />dsi
<br />wdten� aryl authorlM ro�rria proof d has E broarao y h dtwoad rases paynams directly w I hstill of lo
<br />haw fa IM option, b sudhrmortiia toward to Ohtigadarus ter towed try cos d rebuilding and
<br />Lander end Grarnor. lerhdar urral riaft al sole
<br />in tfi� `arvarsa due tlCes ttwnad.
<br />reetrrirg the ProPw1Y. Amy wratruts may al Lande►e option be supplied order Of the
<br />& ZO MNO AND PRIVATE OOYENANTIL, Grata shalt rat MM or conswt to any sehtaorgnpes in the zoning provisions or privy. cm amts affeclmg the
<br />use of the Properly w"A Lwder's Prior waltNn consent. it GrwW@ use d the Property beatnes a rnerhtyrriwmlr 11p use uadw any zmbg Provlaom.
<br />GranW shall oar acme or perms such um to be dk*X inuod or abandoned WWIWA the Prior wntil conadll d Lwtew. Granter Wit inin dlatey P FWAOD
<br />Lender with wrfflm notice of any proposed changes to the zairg WvAs Wm or privaito r rmarm affecift the Property.
<br />Yo. CONDW UtTK*L Orator Molt brrrujid y WvAds Lwtlw with w*wn notice of say &a* or tlrwyeed mrdwmailn or arninent domain
<br />P portioning to the Properly. AN monies to Grantor from such owWwri atetr or tuning are tramby assignad b Lender and shut be apptiad
<br />IiM ro tlw peymert d Lenders Meeo nsee and other costa (atoludng appraisal lass) in ownscton with toe condwrinMbn or ar}inwm
<br />dorrale pracsedngs acrd then, a� d b to paynwaH of the Obh@xMm or the restontlon or repair of this Property.
<br />raDOTa nwv.1297
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