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<br /> rnsuraui�a�pre�rNums,��t�,and a1!otM�cnaiyps whatspevev lev(ed u n r ��� I
<br /> Pf ������� po o assessed,placed er made agR�nst thv frust
<br /> �nY• +�yrsns,upwi�rntten request AY Baneflc�ary,to promptly del,ve�to Benal,crary a11��Gelpts for tRe peyment of
<br /> suclt char�es. Trustnr Wk�wli��Qress ro pAy e�l!taxes,gssessmants and other cha�ges tev,ed upon o�assessed,placed a rnade
<br /> aQ�tna1,w muswod Dy,Mis t)s�d ol Tiust w tA�+recadation harool.
<br /> S• �iC�►itxt ol P�YntMh.AM P�1ym�nts rsc�ived Oy Bensfkl��es to nny deDt,6�bi��ty nr ol�lrgatien owed ta Bsnelic�sry by Trustor
<br /> '��dY�el�+�oY����ry�Ufe paymont oi ths IrtdaDtaqnsss a K�any such other debL Iralxliry or aWlgatipn,in any wder or
<br /> m�����w'►���+ry,+��ts�bsoicN�ch'sc►�ticNt�daams apprapnat�. Un/ess otherwlse e/ected by Beneficiary.any
<br /> � such paym�r►t at►�M b�dNrrNd�pp��td Irrst to ths paym�r►t of tny deW,habitiry a obligmtion other than the Nate.
<br /> 6. Char�s;L1N►t. Tiutlbr wrN kNp th�Trt►�t P�t�►hee/mm aX A�ent and�rtcw�t�ra�;es whleh in any way may,in the judpment ot
<br /> B�i+�r,Mw prloriry ov�,�nr impak th�a�cur+y o,thls p�eed ol Tiust bsd Tiustor►roed not discAarge any sacA Iren ao bny�s
<br /> T��sh��QM�.�n w�.lo pay tl�e obkQadton sacurad by such qen 1n a manrrer accsptsirle to Berteliciary and sh�ll In good feith
<br /> caM�af such AMn�y apprqh►i�t�s/spa/pr�pc�n�s ery�h��p p��t Ma enMrcemc�nt o/the lien and fhe/oss ol eny interest Jn a
<br /> put W NN Tiust M�opar(y.
<br /> 7• H�r+vd lnsurmc�. Tival�or shaN k�ea tM bui�dirig��nd c�Mer lmprovements now exisdng or heroalrer erected on the Trust PropeRy
<br /> lnaw�d br lnsuraxs carrisrs sedsfictory(e Benefkiary against kus Dy fire,hazards!ncluded in ths term"extended coverage' end
<br /> seicA offNr Mrud�,casaa/tlss and condnQencles es may be reQWred by Beneficisry,ln such amounts and Ior such pedods as mdy bs
<br /> nQurnd t►y B�rNllcia7. T1N p�oAicy ol inswu�ca sha/l be in fom�accsptaDle ro Bonehctery,provide that the same may not be
<br /> canC�d or n►od�Md wrM�o�n fiR�sn(15)days priw wri!ten rn�tice rp Be+reficlary,and shdll hava bss paya0le pmvisions in fevoi ol end
<br /> ��I��m�ccepfat�M Bsnsficiary.AN prsmlums on fnsurence pofrcies shall be pald!n the msnne�provlded under p8ragraph�Rereo!
<br /> or,i�not patd!n such marrn6r,by Trustor makinp payment at least tiQeen(15)deys prior to the c�ue date,directty to the insurance
<br /> cani�r.Bsr�Nc/ary�!►aW havs the dpht to hold ths policks and renewals thereo'an�+�rusior sr.a!1 pr�m��+p;Oumish to Beneh�crary e!I
<br /> rsnswef nodcsa and all pald premium receipts recyived Dy rt!n no event shall bore,,;,iary o. iustee.�. ���rea, �nsible foi fatlure to
<br /> pay Insur�tncs premiums a/w any/oss a damage a�sing nut o1 a delect in any policy a ansing out o!any►ailu�e ol any fnsurance
<br /> co+npany lo pay Aw any los�o,r dam�ge insured�gainst a Ibr tailure by Tiuslior fo elfect Ure insurance required t�ereundei.!n the event
<br /> a Ib�a�,Trustae sAa1�glve Prompt npdce by mai/b the insurance canie�and BM�eliclary.Benelic/ary may make proot ol bss i!nof
<br /> ' ' msda Fxarr�y a�*in proper lorm dy TiusMr.All polrcies ol Jnsurence end any a�id all relunds o�"uneamed premiums are hereby
<br /> als�+g�'rscl b�BecaelFclary es addifiaral securiry f�pr the payment o1 the Indebtedness. In Me evenf of 8enerycrary's exercJse of the power
<br /> or sMR ca�ta�rad hsroin,a!n Me evant ol laeclosure,alf right hde and intereSP¢�1 Tiu3ta in and to any insu�ence policy then rn force
<br /> shaM pa,ts to tt�►purChessr at ths hustee's sele or�oreclosure sa/e.!n case ol arty Joss,the�nsurance proceeds mey,ai tAe optbn of
<br /> BsnehGaiY•D�appNed by BsneliClary upon the Inde�tedness,or any part thereol,and in such order and amoaint as BenelicJary mey
<br /> dsMnn►ne;or salid lnswance proceedc,at the option ot Benel;clary,may e�ther be used!n ieEr:acing a restonng the Tiust Property
<br /> partiaily a totdly dsshoyed to a condr'tlon sabslectory to 8eneficrary:w sald msurenCe p�oceeds,w any pon�on thereol,mey be
<br /> MiiN�sed b 7rt�stio►. U►Ness 8eneficlery and Tiusta olhennse egree rn wnhng,any such appltcatron o/lnsa�ance procaeds shall not
<br /> sxtend a postpone the due dafe ol the Note,w any rns(allmeals called lor thereln,or change tho amouni ot such�nsfallments. /!the
<br /> Tiusf Property Js ecqui�ed by Beneliciary pursuAnt ta ihe Rxercise of the power ot sala ar othe�to�eclnsure,a!I right, h!!e and�ntorest of
<br /> Trusto►!n and f�anylnsurence proceeds payable es a�esuK ol da^�ago to the trust Property pno�to the sa/e w acqu,sraon shatipass
<br /> l�0 BsneliC/arV eEnd shaN D9 epplled trrst to the costs and oxpenses.,.n,clud/ng attomey�ees, mcwreci rn Collec[irtg such�reCggds,then
<br /> In the manner ar,�In the order p�ov�ded here�n
<br /> 8. PrsservJtion and Melnterran�ce of Tiust PropeRy. Trusbr wdl keep the build�ngs and othor rmprovements now or�e�eaRer e►ected on
<br /> the�rust Prope►ry in good repalr and condition end w�il not commlt a permrt waste, wrll not alter the des�gn o�structu�ai character
<br /> COIlSh�llh/►ST 8[IV�tlildiltU lEOw�sI hAr�+wha�svnrtarl n",.!�.^w y�.«.:,�'.:;y i ro T;us�:-:vEmm.iy wrinvur rire P�a wntren con�enf of -
<br /> BeRellclary, wiN rrot do any aci bt thrng whicA wtwtd unduty tmpav a Uepreciate the value ol the Trust Property and wrlJ not ebandon
<br /> the Trust PropeRy. Tiusta w!!I nol romove eny lixtu►es conshfutrng the Tiust Prope�tJr unless tha same are immed�ately reA/aced wrth
<br /> like ptbp9Ry subject to the lien And seCUnry�nte�re�St ol fhls Deed of Tiust and ol et least eQuai va/ue and ut�Gry. Trustor wil!comply w�th
<br /> aJ/present end luture adinances,regulations and reaul�emertts of any gove�nmentel boqy whrch are appl,cable to the Tiusf Properry
<br /> artd to the occupancy and use thereo% !I this Ueed ot Trust!s on a unit�n a conda»rnrum o�a pl9nr.ed umt devetopment, Tiusfor sha/l � �
<br /> perJam elJ ol Tiusta's obligaDVns under the declaratians or Govenants c�eahng or goveming tRa condomrNum o�fhe pfanned unn
<br /> dsvetOpmenf,Me by/aws and regutadons o1 the r.ondominium or planned umt development, aRd tho consbtuen�documents. '
<br /> 9. lnspeCNon.Be►te5ciary or iis agents may,et all r�asonab/e hmes,enter upon tho�rust Property lor tne pu�pose of�nsRecnQn. ' �
<br /> 8enefrCiary ShBH have na dvy fo make such�nspection and shaJl not be l�eble to 7r„stor or to any p��son�^�vssessfon:1�t makes or
<br /> fails to make any such inspecbon.
<br /> f0. Piotecdon ot Securiry.ll Tius�a�laits to poAo�m any of the covarrants and agreements contarned m th�s DeeO ol trusr,o�rt any»c�on ti
<br /> Or proCeediRg is COmmenc9d wh�Ch does or may adve�sety aHect ffle Trust PropeRy or the mt8�est ol lrusta or BeneL�rary theiem o�
<br /> dfe titla of Trusta tOterefo,then 8enelicrary,a1 ds opt�on,may perform such convenants and agreemenis,mak�such aRasaiances,
<br /> defend agsinst ertd investigate such aCtion o�proceedmg and fake such ofher actron as Benelrcfary deorns necessary io protect,ls ` , �
<br /> Jnte�est inc/uding,Dut►+ot Irm►ted to,diSbwsemenf of reasonabJe atioiney/ees and enfry upon the Trus[Pro`erty to make reparrs.My
<br /> ampunts dJsbuised�Cy BenefiCrary pursuant to tA�s parag�aph 10,w�tA�nte�ost ihereon,sAall conshtute Indebiedness cl 3rusior
<br /> secureal by this fJeed of Tiust Un/ess Truscor end Benelrcrary agree!o other fe�ms vl payment. such emounts shatl be�syab/e upon �
<br /> notice/rom Berae!iciary to Trustor reques�.^.g pAyment thereol, and shafi bear i»terest Irom tho date ol d�sbu�sement at tha dolau/t rate.
<br /> il eny,SBt torth in the NOte,or olhenv�sp at fhe hrghest rate pe�mitta0 by/aw.lVoth�ng Contarned m th�s paragraph sha/i requrre 2
<br /> Beneficiery to lncur any expense o�take any actron hereunder. Tiustot irrevocabry authonzes and empowe�s E3enehc�ary fo�nter upon
<br /> the Trust Prope�iy as �iustor s agent aad,rn Trustor's name or olherw�so to pe�lorm any and al1 covenants and agreemenGs to be
<br /> pe►fo►med by Trusfo�as herem prov�ded_8e�efic�ary shall,at�ts oFr•cn, be subrpgeted fo any encumbrance,hen.�ta�m or demand
<br /> ertd M a/f rtght5 ac.d seCurities for the payrr.ent thereof pard or d1scr.arqed by Benet�c�ary uncier;he prov�srons he�eol and any such
<br /> Subragation nghfs Shel!be addiUonal and cumulative socunty for tr;s Deed o1 Trust
<br /> 11. Condemnation. The proceeds of any award orClarm for damagss.duect or cansec7uenflat.ln ccnncr.trnn;�:?::any con9emn�t�vn oi
<br /> oth8r talvR�pf th9 Tlust ProFerfy,n�Atty p8R tlteieol,c�tcr ConvBysnCC�+n lreu Fif vr r.r ant�cipahon of conGe•^.:r.ahon,are hereby
<br /> assigned to and shall be pa�d sa Benelicrary. Trustor w:.i 5Je and prosecu�e,m gppd tedh end w�th due diligenCe, rts c/a�m lo�any such
<br /> award or paymeR: and wiil cause the same to be collected and pard to Bena�rc�ary, and,sheu;rf�t la�l to do so. Trus�or,.revocably
<br /> authorizes and em;�owers Benefic�ary,in the name o!Trustor nr otherw�se,to l�le,prosecute, se,'Ue or comp�omrse any suth cla�m and
<br /> to ColIBCt,rgceipt tOr and ret8rn the prpceeds. 1/tA�Trust Proporty,s abandoned by Trustor, or,aftpr noUCe by BeneGCiary to Trustor
<br /> fhat the condemnor oHers fo make an award or sattle a c!aim/or damag�s. Trustcr!aJls to respond b Benef��ary wdhm th�rty(3�)days
<br /> aRer the dafe such notice is mar/ed.Beneficiary�s autho��zed ro collect and app;y;he proceeds�n the�ranntTr indiCated herer2 7he
<br /> praceeds ol any awerd o�claim may,alie�deduct+ng a11 reasonab�e c.osls and expenses.rndud�ng attomey lees, wh�ch rnay have
<br /> been incuned by Benefrcrary in the collect�on thereo%at thQ sole d�sc�er�On ol SenefiC�d�y,be�eieased to Trustor, appl�ed to
<br /> restoration ol Trust Property,or applred ta►he paymont ol tha Indebtoaness Urress Benebcrary and T�usto�othervnse ag�ee m wnnng. w- =-----
<br />� any such applica6on o1 proceeds fo lndebtedness shall not extend or postpone t+�e due dato of the Note or the paym$nt ol any
<br /> installments C8l/ed for theieunder. '
<br /> 12. Tiustor Not Re%ased. Exfensror, ol ihe t�me lo�payment or mod�lrcat�on ol any amort�zat�nn of the lndebtedness g�antaci hy 8errel�c,ary
<br /> to any successor in rnterest of�rustor sha/l r,o!ope�ate to release,rn dny manne�, the l,ah�bty ol Trusto�and 7rustor's successors�n
<br /> inteiest Benel�clary sha/l not be requireeY to commence proceedings agarnst sucn successo�o�ietuse to exten��,me lor payment a
<br /> othenvlse modily amortizaf�o�i ol tho Irrdebtadness by reason u�any demand mado by Trustor and Trusto�s successors
<br /> in interesi.
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<br /> L1 13. Financial!nlnrmatron. Upon request ol Banaficiary, Trus(or wdl prov�de to Benef�aary, w�th�n n�nery(g0/ days o!the cJose of eacn l�scai �
<br /> yoar o1'Trustor, the consolidafed ba/ance sheet end stbfemsnt ol earning,^pl Trustor and any arrd all guarantors of the lndebtodness
<br /> secured hereby,i/any,and will prov�de and del�ve�to f3enefrc�ary such othe�Imanaal�nfo�mahon and�n such manne��rs 8en�hc�ary r:
<br /> may reasonably request Irom trme ta t�mR
<br /> 14. Fin�nCia!Covenants. In addrt�on to a�iy other hnarrCra!covon�nts of T�ustor made�n any ofher agreement.�r,;trumNn��r dt�cument �,��
<br /> Trustor shall Comply w�lh and shall cause any and all guaranturs ol thy I»debtedness sQCwed hereby fo Cc�mply w�fh. u� ve�n
<br /> eomphance w�th,the Jollowmg 6nanc�aleovenants (1h�s pa�ag�aph sha�l not apply d coven,nts,�nd•e�ryunfrm�nt4 �ue.nr,�sel
<br /> fo�fh hete�n) '
<br /> 15. Schedu/e of Leases. W�Ihm ten(10)days�ltei demand. Tiustor Sh�ll(urnrsh t�Bentrl���a�y��S�•.h�>��,p�. , E.,nn,��i r,, ny I�r,sro� �.r�r�,-���
<br /> lorth a!l leasos ol the Tiust P�opQrty. or any pon�on the�eol. �nch,d,ng U�E:cfC��L'3 i6' �hfr n;trnt'r�l fhr f��•,i�lt!,r,,: �r.����nf, ,�rir��.t �•r,l„ •�
<br /> u!the spaco occup�oU by suc►�tenant or occupillll. Il7g!Qn(�7(/;c1yF/ljl(1!p/ SUf.h Spii(.0 diKl�l,!'h l,r!re•• n(nrrn,i;,;���,�.�;1 r!,:: -,Ir �•n!. .:,N V�
<br /> /95pBGf f0 SuL'h l88SCS��nd�enancres as EienehC�ary rnay rc>asont�bly it•ryuey!
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