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<br /> � 1r�,iar,c�prwntr,rr►s.QroRUid.ar,a.arra a+r a►�.cnr�.ar nrr�atsoswie.+e�+r.o upon a assesseo.�s�'or ma�a�g�nZ�fe�„�r - . } .
<br /> 7nt�w IbipMr�r�s�.uPar wri�n nQ��at b Y B�n�I L Y�ro pram p t i y d�r iv�►t o B a n a T x�ery a 1�r s c e t p t s f f�r r h e,PsYmen r o i
<br /> � a��x�c,Mr�Tiwlbr,�Ic�s a�re�s t�p�ry a1t taxts.�ts and other char�s lrvted upon a assessed.placed ar made
<br /> �, a��mtrrNSrur�lby:thfs OreOo►TiintortRSr�COrdabonlHr+�W. : . �
<br /> 5 App�eaAon o!Pyiyrn�r�.�U�p�ymrnts rresMd�y Ba�ficfarY�s to arty d�.NabllNy aaDai�aofo�owed b Bsnefrcfary by 7rustor
<br /> mi1l��pl�d bl►B��larY Ta the psymsnto�thl/ndsbt�dnsss a[e any aach at!►er debt.beblbty ar oDliyad�on�in arry order a �
<br /> . � manrMr o1�ppMcaEion whlcb BsnelFc �!n ita aDsolui�s dlscroEton.deema appropdats t/nless otherwlse ahcted by Ben�frclary.eny
<br /> dIJCh pijflfMll�SiNN bI d�N1IAd¢Q��lISf 1n HM�dy/iMA!0/Atij/dAbt��iib�[y 0lQ�$Btldlf adlSl tllA/1 bfA NOfs.
<br /> � �eg�Lfrns 7n�aeo�r wfit k�p tbs Tru4t Propsrry fne hom a�lisns and bncumbnnc�which tn any way may.!n the/udgme�rt of
<br /> . ° B.n•sda y,na+��o�rry o►�r,ar anpa�r�r�s aecu�rry a.�tlYs tJ�ed o1 Tiusf bul Ynislbr haad not dfschairggs er�y sur.�ke�►,�o,�as. ,
<br /> � Tir�or al►a��ga�,In wridr,�.to psy the ob�Qador►�ecurrd by auci�Ae�r In a manner 8ccept8bls to Berretic/sry artd sAaXr In good taith .
<br /> . . co�Xsst�ucfr�n by ap�xqR►+rats/sqal pmceedtngs etXeaErv�ta provent the e�fbrcement ai the Nerr and ihe ta�ss of arry Ir�erestln or •
<br /> , , partofths Tn�tt Av�rry.. '
<br /> . 7. Haza►d kta�xanc� Tnat+or�ha�kMP tt�buildngs and eNtfet/mprovemsnb now exls�tng or hareaRar etect�ed ori the Tiest Piv�iy
<br /> l�wr�d by ka►s�r►oe carriers aa�acOaY tiv BrrlsRciarY agetrrst/oaa Dy�%htzarAs lrrch�ded Jn the term"s�cte�rded coventQe' arrrJ> . �
<br /> � sadr o�her hazarcis.casuaA�s and Car�gsncts�s aa msy be�equ�rod by BeneRciary.�n st�ch amottnts and Ibr such ps►iods as may be
<br /> - teqrdrogl b1►BsnelFefary,Tl�a po�icy o/fn�xance shsN be in brm acceptab/e to Benehckry.P�+�vfde that Me same may not be • .
<br /> aar�ceNse ormndiliid wfdtotd 5ltssn(f 5)days pria w�fKa►r aotfce to BenefFciary..and shaN have loss payaDle�rovistons in fer+a of end � . ` "
<br /> � In krm acce,ptabls M Berre�ary.AI premtums ort�nsurance policles�hsN be patd!n Ms msnner p�ovlded underP�9�P�►4 hereof.
<br /> • � n►,Hnd pald in aucl►manner.bY Truab►mald�9 PeYment at kast fr�e�(tb)days p►ror b the duB date.diaaCtly tb the Insurence '
<br /> ` � cartisr.Bsneficiery afrali have the dgM ib hold B►s policies an�renewals thereof and Tiustar shai!promptlyy fnmish to Beneflciary�1!
<br /> rsne+�rsl no8ces and aB peld prendum rece/pts r�ecefved by it.In no ev�nt shall Beneficiary or Tr�stee be hetd�esponsfbte for falhue to _ '
<br /> " p�y�r+strrancs premfums a lfor arty loss or damage arls/ng ot+t o/a defectln enYPoJlcy at arising out ol any failure ol any fnsurance , • .
<br /> . opnyasrry fo paY Apr any/ass or damage lnsured egalnst a I�a/eil�s by Tiustor to eflect the/nsurarrce required hereunder.!n the evera � .
<br /> .. c�bss.Trusi�►aNa�pglvePranPt naoce by m�W to the lnswance carrlerand Benefrcfary.Beneficfarymaymak�prool o/bssilnot
<br /> m�ds promply a/n proper tfo►m by Tnutw.AN paYcles of insuraace and eny and a/l r,ehmds ot urteamed premiums ere Aereby
<br /> ` asslgne0 to BsnsNCiary as oddiOtonalsecurfrybr the paymerttol the lndebtedness.!n the event o/Berteticiaiy'sexerc/se olthepowe►
<br /> � I ofsa/e carta�ired Irereirr,w ln the event of foreclosure,all rlgh�ode and interestof Trustain and to eny lnsurance pol'r�y then fn face
<br /> � shdl pass to the pruchaser et the Wstee's safe a tbrec/osure sale.'ln case of arry loss,the insurance proceeds may,at ths opLion of . :
<br /> . :BerrelYGary,be appTled by Berre�icfary r�par d►e InQebtedness,or Sny pa�t theroal,and!n such order end a�nourtt as Benef'rciary may
<br /> detem�lne;asafd ins�ran�e proceeds.at the optfon of Beneficlary,may either be used!n neplacfng a resforing the Tiusi P�opeRy
<br /> ' pai6'a!!4r a tota9y destroyed to e condf�on saUsfactory ro BeneBctery:or safd Insurarrce p►oceeds,or any porbon thereof,may be , �
<br /> ' r�sleased to Trusfo►.llnl�ss BeneBcrary and Trusta otherwise agree Jn wri6ng.any such app�catlon oflnsurance proceeds shaAnat
<br /> ; e�ertd�r postpone Ure dua date ot ihe Nofe,or�ny/nsta!lmentS cailed!or thereln,o�charrge the amouni of such lnstallments.!/the
<br /> Tryst Pro�eriy Is a�qutrsd by Benoficiary pursu�tt to the exetcJse ot the power o!sate ar other forec/asu�e,el!righ�tifla and lnr�rest o1 , .
<br /> fius�orin and eo any/nsurance proceeds payab/e as a result of damage b the Trust Properry pdor to the sa/e a acqulsftlon shaJl pass
<br /> • iv Benefrclary and shaJl be applied 6rst f�the costs and expanses,inaludirtg attamsy fees,incurred ln callecting such proceeds,then , :
<br /> !n the manner and In the order provided here�n. , . � . .
<br /> . . . ..
<br /> 8. P�servatlon and Ma►nienance of Tr�st Properry. Tnrstor will keep the buildings and other lmprovements now or hereafter erected ore , -
<br /> Mre�itist Pmperty fi gaad ra�tafi and Cantlidon a»O wilt rtnt commit or permtt waste,wiH rrot alter tlre deslgn rn shucturfd character ���
<br /> consUtcrrGing aey buflding now a hereafter erecied on and constftWng the 7rust PropeRy wifhout the prlor written consent ol �
<br /> . �enencisry,wfD not do any ect or thing which wou.'d undu�y impair or d��eclate the va/ue of the Tiusf Prope�iy and w!!!not abandon � °
<br /> • the Tiust Prriperty. Tiustor wi►1 not remove arry mdures consOtrting tne irust Prcpeny untess tne sam8 ar8�nrmadiatety repiaced widr- -="- �
<br /> , frke�roperty subJect to the l/en and secudry Interest oi fh/s Deed ot Tiust artd of ai least equal value and utlliry.Tiustor wlll comply wfth ' ;{,. :
<br /> aci�sent end t�rture ad/narrces,reguladons and requlremerns of any govemmenfal body which are applicable ro the 7nisf Proper[y �; _
<br /> � a�*�to tha occupancy and use fheieof.H this Oeed o!Tiust Is on a anit in a condomintum or a planned unK development,Trusta shall . � -
<br /> , pe�Aerm ell ot Lr.^ustors obllgattons under che declarat/ons ar cqvenants creabng or governing the condominlum or the p/anned unit ,
<br /> devebpmen�rire bylaws and regu/atlons a1 the condominlum or p/anned unrf develapment,and the constituent documems. `' •
<br /> � S. Inspectlron.Benel/clary o�its agents may,at afl reasonab/e dmes,enfer upon the Tiust PropeRy for the purpose of/nspecdon. . - �
<br /> @eneflciary ahalJ have no dufy to make sucA Inspection and shaU not be dabie[o Trusfor or fo any pe�son In possesslon!f lt makes ar i-i
<br /> - �mils!v make any such inspectlon. `
<br /> ! t0. t�rotecdon o1 Secudry.!/Tiusto.�falls to�o►m any ol the covenants and agreements contelned In thls Deed of Tiust,or il any action �
<br /> � or prcceeafJng ls canmenced which da�s 4-may adversely elfect the trust PropeRy or the,interest o/Tiustor a BeneficJary thereJn or
<br /> ; the dtle of Tiusto�thereto,tAen Benefrc�afy,at its optlon,may peAarm such convenants end agreement�,make such appearances, �
<br /> � •• defend agafnst and InvestlgaCe sueh aeabn or proceeding and take such other ac�?on as Berteficiary daems necessary to p�otect rts �
<br /> � E�erest Jnc/udJng,but not(in�`�d to,d'�bursement of�easonable attomey lees and entry upon the Tiust PropeRy to make repal�s.My
<br /> � a�rs�Rts dJsbursed by Berteficlary pursuant to thls pa�egieph 10,with interest thereon,shell constrtufe/ndebtedness ol7rustor . � .
<br /> _ � secured by th/s Oeed o/Trust.Un/ess FcuS.'or and 8eneficiary agvee to other fe►ms of peyment,such amounts shall be payabJe upon �
<br /> notlCe lrom BeneNc�ary to�i�stQr ret�u�e;�g payment thereof,end sha/l beai�nte�est/ram the date of dlsbursement arrt*e defau/t rate, �,
<br /> Jf any,set talh in the Note,ar othenviss at the highest�ate permlKed by taw.Nothing contained!n thls paiagraph shap iequJre
<br /> 8enaflClary to/ncur any ex�r?nse or take any ecdon hereunder.�iusfa lnevocab/y authorizes and empowers Bene/iciary to enter upon
<br /> • cc�Tiust Prope►ty as Trusic��'s agent and,In Tiustor's nama o►otherwlse to pertorm any and 8!I covenants and agreemenis to be � .
<br /> performed by Trustor as here/n provJded.Beaeliclary shafl,at its opUOn,be sub�ogated to any encumbrance.►�en,claim ar demanC
<br /> and to sll rights and secuiides lor the R�yrnent the�eof patd or dlscharged by 8eneficlary under the p�ovislons he�eot a���any such .
<br /> � subrogadon rights aha/J be additlana!2�.,�cumulative secunry iw thls Deed o�Tiust
<br /> 11. eondemnadon:The pioceeds ol eny award nr clalm Ioi�ilaii►ages;di�eCfai coiisequential,lie connectlon wlth e"ny�DnCe•'nnaUon oi �� � ��-� - �� �"�" �" �
<br /> `. other taking ot the Trust P�Wyre�ty,or any part thereoJ_cr tor conveyance!n Ilou ol or in anhClpation o1 condemnat;on,a��rrereby
<br /> assigned to and sha/l be paid fo Beneficlary. Trusror�r�.;�file and prosecuie,in gond fa+th end with due d�i.•gence,rts c''a:�r►for any svch
<br /> � anvard a payment,and wi11 cause!he same to be coltected ar.ci patd to Beneliclary,end,shauld it lail to do so, Tiustor:�•evoca�bfy
<br /> author!=es and ernpowera Berteticiary,i^.fhe name ol Trustor cr r�:w!e►wlse,to lite,prosecute,seKlo ar compromise an�• sJCh clarm aRd
<br /> t�collect,reCe�r fo�and•retu/n the�roc�.ls.ll tha Tiust P�operty is abartdaned by�r.usb�,or,alier notice by genellc:a:ry fo��usto�
<br /> . �t the condemnor ofle�s�make srR awa�d o�settle e claim for damages, Trustor lails to respond ta Beneficiary within Uuity�30)C�/s
<br /> �l'.`e►tAe date such no8c���r�ailed,Beneficlary is authorized to collect artd apply!he proceeds in the manner mdicafed heiein. Tre
<br /> proceeds o1 any award oe c;aim may,a`�:�rteducting all ieasonabfa costs end expenses,including attomey tees,whrcn may have
<br /> been incurrecJ�y Benet;ctary!n ihe ca1�Cp�r'he�eol,&t the sole discretion of Benelrc�ary,be re/aased to Trusta,a�pl:��fa
<br /> �6sforaUon af�fust Piaperty,or applied ta Ci7r�peyment of the lnB�bfedness.Untoss Beneficia�y and Trustor othe�wr53��ree in wiiting, ,-__ _�___
<br /> &ny such appllcation of proeeeds to Indebtedrn�ss sha!/not extend or postpone the due dete af the Note or tho payrro,^f ol any ' ,
<br /> =r�ta1lments called for therennder. � -
<br /> 12. �'��stor Not keleased.Extension of tha time for payment Q�modilrcation pl 8ny amnR�zation ol the Indebtedness granted by 9enelrciery '
<br /> , - taerty.sttCCessor in irtieres!Q!Trs�stor sl�all na!a�atats la:e�l�esr.!rr trrey r.�nnrr.ttze l�ebltel�;�!Trtestar srr�Tsttsta�s�.,��asssors 1n .
<br /> lnte�est Beneffeiary shaU not be required ro commence p�oceedings againstsuch success�r or refuse to extend tiR�tr�r payment a
<br /> . . othenvlse madify emoK/zation of the lndebtedness by reason ot sny damand ma�le by t�usto�and Tiuslo�'s successors
<br /> 1n lnieresL
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<br /> � i3. Flnanclat filam►aUon Upar►iequest at Berrafic�ary.trusfor w;lJ provide fa genebc�ary, within rnnpry,r9dj d�ys c�0 ths e�osv al each lrscal
<br /> year ol Tiusfar the consol�dated balance sheet snd statement nt garnings s�1 r�ustar end any and all guar��°��s Uf thv lndabtedndss �
<br /> s9CUred hereby,!f Euty,end will provlde ttnd debvor to Benelicfary suth other Irnanc�al rrilormatroir and in s�cn aranner es denefraary
<br /> may reasonaCly reques!lrom time to time. � �
<br /> i4. �l�8n�l8t C6v8A8fits. in 8d�it�dn tb 8�y Oti��r Irn�iftci5i cov6na�+ts�t Trustor rrrade�n arry ofhar agreerrrent.+rsfiur►i�nf of tfacerrrrarit ` � ". 'it9
<br /> " Tiustvt8h&11 Comply with and she/l a�tuse any ande/i guarantors of tho/ndebtetlness sacured tiv�eby fo co:nnfy w�th,cu be in _ . __ _r•.
<br /> cOmpJiance with,thB loliawinglinarrciaJcovbnants:(thls pa►agraph shai!nof epp/y,1 coue�ianfs anci r�qut�enrer�ts u�e nof svf � }� °
<br /> foAh hereln.} � •
<br /> 15. 5Chedule ot LEtBSes. Wilhin ten/i0/d�ys affe/ciem�!nd, 7ru5fUr Sh�H tur►rrsh fa Hen�lrc�ery a SCNetfu�e.CCKr1rE;c�fo by Tiusfv!.SC�:'trng •
<br />� torth aU feases at the f►ust praperty,ar any�artrc,rr Ihe��ot,�ncludrng in aa'ch casd.thd r,amc�ta!d�e tHnants or ncr.upants.�desr.nplron
<br /> of fhe sp�ce occupted by such tenr�nt or occun�nt,the�entat��ayaGt�lvr�uc+r$pacry. �n;t suc�*atf�er rntc:r,n�rhnn 2��ci d�%t:rinrp�rts Wii1� �
<br /> -�espe�f tu Sueh l9ases�rtd tetraneres xs 9gnelrcraty►nay+aasdnabfy raquest �
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