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<br /> iQ3249 �4b��
<br /> • i.�nds►to protect the s4curtry otths Nots;(c)tRe p�rtarmancs otalt cavenants and agreemanta of Tiusto�eet torth heretn;and(d)a11
<br /> • P��t a�d f�tu�e�ndaDtsdness and obt(�tdons o!8or�ower(or arry ot them'it more than one)to lender whetner direct,fndiroc�
<br /> - iWotuoe a c9nHn�nt and whetlter aristnQ py note��uaranty,ovardraft or otheiwfse The Note,thts Qeed ot Tiust a�d any end ati
<br /> ofMr docueqb that�cure ths Note or otha�wise e�cecuted in con�ection the�ewitt►,inctsuling wttlssa�rt timitaUon�uaranteea,security
<br /> , - ��S�d�nmenb cf teaa�ana renta,aAat!be reTarro�d W Rerein aa the"Loan tnatrumenb".
<br /> � , .: , ` Tn�tor covsnsnea and�qress wlth Lendes as fatiowa: ° , - �
<br /> � �• R��n�a M�OMd��.Aii indeDteQnesa secufed hereby ahatt 6e paid wfsen due. ,
<br /> , 2. Tt�.Trustor ts the owner oi the Properiy.has the ri�ht and authoriry to canvey the Property.and warrenta thnt the lien
<br /> �r���QbY�s��st and prior ttan on the Properry,except tor liena and encumtirances aet torth py Trustcr tn wrl�ng and - .
<br /> dNFvdred to tender before execution of this Deed oY Trua�end t�e execs�tion and detivery of thia Oeed oi Trust doea not vbtate any �
<br /> , con.tract or olt�x obfipstbn to whiaf►Trus�r.is subject
<br /> ' 3• ����Ntb.To pay t,efore d�nquency ail taxes;spec(at assessmenp ertd ali other char �� sinst the Pro�rty
<br /> now or herea}ter tevFeQ. . 9 g
<br /> , 4• UNUC�nn.to keep the Properiy lnsured against damage by r�e,haxards inciuded within the term"extended coverage"�$n�
<br /> such atl�er ha�ards aa t,ender may requtre,tn amounb artd wlth companies acceptab[e to Lender,namtng Lender as an additianal
<br /> � Ramed insured,yvith loss payat�J���e Lender.ln case oi loss under aucA poffcies,the LenQer ia auihorized to adjua�collect and ,
<br /> • compromise.al�ctaimsthereunder:zr►dshallhavetheoptianofapptyingailorpartoltheinsurancepraceeds(7toanyindebtedness
<br /> aecured hereby and tn such a,;�r�i�,�.ar,�s�Sy datermine,(,i}to the Trustor to be used tor the repair or restoration.of the Property
<br /> • or(ii�torarryatherpurposeor;;�:����p�tol.enderwimoutafteCtFngihelienofthisOeedolTrt�stfcrttteSuilamourttseeured
<br /> ` hereby betofe such payment�:�:ooii�� qny applicaBon ot proceeds to indebtedrtess shaii not extertd or postpone the due
<br /> •�, : date of any paymenb under�.te i��t�;ar Cure any detault thereunder or hereunder. �
<br /> '� 5• E�erow.tipon wrltterr.c�and by Lendes,Trustor shall pay to lender,in such manne�as Lencier may destgnate,suf[icient
<br /> , sumsto enabte Lertder to pay�s they become due one or more of the toliowing:(i)ati taxes,assessments and other charges against
<br /> , , ttte Properfy,(f�the premiums on the property insurance required heceurtder,and(iii)the premiums on any moRgage insurance
<br /> required by Lender. ,
<br /> - . 8• Mahi6r+�anc�.R�pain and Complianc� with Lawi,Trustor shall keep the Properiy in�gocd condition and repair, shall
<br /> prompriy repair, or.reptace any irrspravement wh+ch ma�r be damaged ar destroyed; sfiall not commit or perrttit any waste or
<br /> - deterioration of the ProAertY:shall not remove.demalist��!subsiaat:a��y a{ter as,y a�ti�e im
<br /> , � . . cort►mi�suffe*or permitany act to be dorte in or upon tt�o Rroperty in v:alation ot any law,ordinartcemor regutat on arnd st�ia(shall not '
<br /> , p►omptiy dlscharge at Trustor's cost and e�ersse all Iieng,encur��^3,:,�s and charges levied.imposed or assesse�agapns the ,.
<br /> � Prope►ry or any part thereot.
<br /> . 7• ErnkNnt Donfs(n.Lender is hereby assrgned atl cornper�s2'i�-;;;�ards,aa^ra�es and other payments of reliei(hareinafter �
<br /> .' "ProCeeds'� in ConrteCtion witn condemnatron or other �y!c,ng vt �fie Proper�� or part thereoi, or for cc-.-eyance in tieu of
<br /> cortdemnation. Lendar shatl be entitfed at its option :� �„r,r,�aen��..aOP�ar in a:�C prosecute in its own name any action or
<br /> proceedings,and shall atso be entitled to make any corr,,srom�se or se;ttement in connection with such taking or damage.In the
<br /> event any poRion of the Properry is so taken ar damaged,Lender shaii have the option,in�ts sola artd absotute discretian,to apply � ' �
<br /> all sucb ProCeeds,after deducting thereirom all costs and expenses mcurred by it in connecUon with such Proceeds,upon any � •
<br /> indebtedness secured hereby and in such prder as Lender may determme,or to apply all euch Rroceeds,after such deductions.to �
<br /> the restoretion of the Property upon such conditions as Lendar rnay determine.Any applicatipn o}Proceeds to irtdebtedness shall { ^
<br /> not extend or postpone the due date oi any payments under the Note,or ture any detault thereunder or hereunder.Any u�.app��e�f
<br /> fund�shatl be paid to Trustor. �
<br /> �• 8� P�Nonnsnc�br L�nd�t.Upon the a:cur►ence oi an Eventa� alau(t hereunder,or if any.act is taken or tegal proceeding
<br /> commenCed which materia�ty aHects Lender's mterest in the Praaerty.�ender may in fts own discretion,but without obiigatian to do
<br /> so,end without rtotice to or demand upon Trustor and without reieas+ng Trusior fr�m any obl�ga�:n,do any��r which Trustor has
<br /> agreed but fails to do and may a.so do any other act it de��^-s r,ecessary to protect t�e secunty�ereot.7r�s�:r shall,immgdiately '�'�
<br /> • � upon�emand theretor by Lender,pay to Londer aU costs a-.i�xpen�� ncurred and sums expenee.�,by Lender in cortnecf:;ct with
<br /> the exercis9 by Lerdc-�°Of the toregoing rights,together with interest:^:��eon atthe default rate pr�.+.�ad in the Note,which sna11 be
<br /> . aQded to the in��=;±=_dress secured hereby. Lender shalf not �acur aay I�ability because of anything �t may do or omit to do
<br /> hsreundef.
<br /> 9• MazstdO�s M�hriab.Trustor shall keep the Pro�:=rr�m compleance w�th a11 applrcabte IawS,ordina-,:eg and regufations
<br /> reteting to in�l��r�al hygiene or environmentaf protecUOn r,;,.�i��cUvely referred to herein as°Environmenta.�_,:�rs^�.Trustar ahall
<br /> � keep the Property�r�a Irom all substances deemed to be haia►do us or.:�ric under any Envuonmental Laws dco�'ecUve�y re4ESr�Q to
<br /> • ' herein as"Nezarct�u�Maferials"�.Trustor hereby wa►rants and reDre��:9 to Lertder that the�e are no Harard�us Mateaa'•s�n or
<br /> under the Prope►t�:Tw�sWr hereby agrees to�ndemnity and►sotd har^� �:.,;3�ender.�ts d�rectors,ctticers,emptoyeea artd agents,and
<br /> any suCCessors to Lender's intereaf,from and against any and a11 clarrr.s,damages,fos9es and I:abilit�es ans�r��,�connect�on with
<br /> the prssence,use,disposal or transport o1•any Hazardous Matenals on, u,nder, irom or about the Proparty �wiE FOREGOING '�
<br /> WAHRANTIES ANO R�PRESENTATIONS,AND TR�1STOii�S t�BLIGAT�CNS PUfi5UA'JT TO tHE FOREGOING INDEMNITY.SHALL
<br /> � SURVIVE AEC�NVEI'ANCE OF THIS bEEp OP TRUST. �
<br /> 10. AaUpnm�nt ol RMIs.Trustor hereby assigns to lendar the�e�!� ssues and prai�ts of the Property;prov►ded tr:y�'-�,stor `
<br /> shall,until the occurrence of an Event of Oetau�t hereunder,hava the ngr.�to collect and retain such rents,�ssues an�pr���s as tfifly
<br /> beCOme due and payable.Upon the occurrenco ot an Event vt QEtautt, Lender m�,t.�-.thor in person or by ag�nt, w�th or w�thout.... . .
<br /> bringing any ecfion or prgCeedi�p..pr by..e receiver app�,ma�d b �i courtend w�tt,�•:r•r - - -� �-��- �. � � � �
<br /> �"" Upon and t3ke po�session of the Property,or any part thereoi,�n�ts own name or�n thp namef ot h�Trustae,artd do any aets which i;
<br /> deems necessary or desuabte to presenro the valuo,mdrketabddy or rentabdity p1 thg P�p�etty,ar any patt thOteOf or interest thgrein,
<br /> inCrease the inCOme therofrOm or protect th,;SeCUriry hereof and,w�th or w,thout taking ppssess�on ot the Vrppp�ty,sue tor or
<br /> oth8rwis@ COIIeCt thg rents,iSSUes artd profits Ih�reof,�nclutfmg thpgo pdgt dua And unpaid,and appl�r the same, less costs and
<br /> expenses of ope►atlon artd collection including attarneys'feas,upon Any mdebtvdness secured hE•reby.dt!�n such o�d�r as Lecdor
<br /> . n18y d@te►m�ne. The entering upon end t�kirtg poSSeSSion ol th�F��pporty,the col►ech�»of s�ch rents,�ssues and p�of�fs and the
<br /> epplicetion thereot as afo�esard,sh�ll rtpt cure Or waive eny c�efa�lt or nUhce of defau�t herounder or �nval�tlate any act dane in
<br /> respOnsA to such detaup or p�rs�ant to such not�cu of detault nnd,natw�thslandmg the canOnuance�n possession ot the Prop�rry pr
<br /> the COlteCtlon,receipt and applrcetlon ot rents,�ssue9 or prpt�ts.and Trustoo and Londer shall be antittd�to exerC�se overy nght
<br /> provided far in Any ot the Loan Instruments or by t�w uDOn occurr�nce of any Event�t Dc�tault,mc t;,q,ny w�tnput i�mitat�vn fhv r�gni
<br /> to exerclse the power of Seld.Fuither,Lender's nghts and remed�es under Ih�s paregraGh snat►p�cumuianvv w�th,and�n nu way a
<br /> , limitation on,Lender's nghts and remedres undUr any ass�gnment pt Ieasesant!rents recorcied agA�nst th�F+roparly Lendor,T�ustee , l^
<br /> and the receivo�sttal►be IiaDte to�ccount oniy ior tnOS�r�nts actua�iy .eco�vea
<br /> �1. Er�nb�of OMauN.The tonow�rtg shau constrtute an Ev�nt at be�lauit under tn�s pevd of Truss.
<br />. _, : (81 Fa�lura���3�g��-;t,.�!l.�sxtTtit at�rrri;r�;.�F ar mter�t 613tty ofh8r 5um SeCUretl hgr�hy wh�n dub. � .
<br /> (b) A bredch of or dotautt undor any prov;g,�n contd�nod�r..tne t.�vtz.tn�9[�E��o}�fi�gp any o1 thp��an Inst�un�pnts.or any �
<br /> other lien a�ncurvtbranCe upan thp Propeiry, •
<br /> (cy A writ ote�ec�t�on or,attachment or any sumta�proc�rss 6hai:beentdre�d aya,ns�7,ustUr wn�ct�snai�Cec��rf�a Dpn ur=
<br /> thp Praperty or any penran thprgut or mtorast trtdrein.
<br /> (d) 7here shah be hted by or aga�nsf Tr�Stt►r or pprro�irr an a€:bort �rTdE: an� ���•Sen} !�!t,,r.:rf.1fr�E,,�l. st�fe or oth�►
<br /> SI81U1@,law or rpgufat�on relat�ng ta aankruAtCY•�!►so�venc,or r,tn�,r sei�ef t;,��E.t�tp�g pr}�•�i�,yt,��;t���GOUi��INd i���1�UStEf7.
<br /> , ►gceiver or 1�quidator o!TrUStor o►Barrower or�t an a�any parr of ine p�o�rerr�,a�fne r E�r+rs.�ss�es o.praf��s!ner�or.vr Trustar �
<br /> • ot Bprrowe►shu�l make any gEr.er�i�ss+gnment tcr the tr�neti!b�csed�fffrs
<br /> t9) ��I@ SjItY..�l8f1StO�,l88fifS.dS�t�hlTi�f1T,t�3t1Yt�]ft7flC�Ctit/.ltlh�3C Q(1�•�tlrblii!`-C'C�c*'a+t or:sr�y pi;r!o►c� ci!�y 1!1�(?tf.'St�n 1h� ,
<br /> , �roperty. @ifh�r vol�nt�rity or ,nvdiunt�rr(y.w�thout the e�D�E's9 v.•r-tten t:pnSEe,t dr ic,nde•. L•rcr�cfey!'rc�f 7r�5tor Shlll ��� �
<br /> permittgdtoe�xesutvaleasQattht�Prapeftyihattivosn,t;'�.htl:rf�ir,.,:��tptfejp:e�t'r`(iSF��lr(3;�:�if!'�•���ft�!u;;hdQNS��lttt•►Let'� ' > ,.
<br /> . ' Qne year;
<br /> � (Q <lbpnd�7nrrzont ot tn�►�rpperty pr • �
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