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<br /> rnswanc8 pr.i+rtiumc.Araer�d�artt�.enu elf[HAer charues._`N�L�v�it��llw�zKCif�a��sss��.�a's���:rr.:.�;..�yW;,�s: „� :rt;�t
<br /> Pro�rry. Tiustor h,�tMr Agrpes, upon written reQuest Dy Benefrclary,tu prc�mptty delivor ta Beneliciary a9 r�ceipts for the payment of
<br /> �ucA ch�ear. Truatar�kewlse aynas b pay a!I taxes.assassmants and o[her charges levied upon or�ssessed,placaa�ar made
<br /> . aQaln,st,or rr►��und Dy.thls D�e�d c�!Trust or Nts recordatlon Prereol.
<br /> 5. /yopAcallo�n ol P�yntw►fs.AN p�yrr�b roceived Gy Bsrroficlary as to eny deDt,I/aQ(!iry a oD/igallon owed ta Beneficlery by Trusta
<br /> I11�M b�s!DO�Id ly�l BRIlRHGlMJI t�!MR,Ql!►T!l�At Ql tElR/JZdQ6hH1z!l�S.4 Ar M��e t1tCh(flhsu{fAh{ !l�N�!'s ty nhli.i�ticua�i�a��ns��"L`.'
<br /> � marwNr ol�ppA'Gatbn whlCh H��eNclaryi.fi�(n aQaduM di�croG�n.desms approprlafa.UMess aMerwlse e/ectar/by Bene��rclNy,sny
<br /> �ch paynunt shaN b�dNr►�t�ppAi�d�t ro ths payment ol any debl,liebitiry a o�►ligatlon othsr than tha Note.
<br /> 8. �h�rp�s;tNn�. 1�r wrN ke�p ths Trusf Propaiy hs�from�Mllsns end sncumbrences wlNch in any way may,in the Jud�ment ol
<br /> 8�+»1fc1a+Y�IKMa Pr/o+�j►c�rw,or k�►p�Ir th��curity oI.fhls Dr�d d Trust but Tiushx need not disct►drge any such liort so bng as
<br /> tnqt�or ah�W�N,in writ�r�,t�p�y tM obNqallon aecurod by such tien!n a manner accsptabls to 9ans1lciary and sAeN!n good telth
<br /> curNMat auch!nn by ayaprqp�Nr l�procMpYn�s NlectJv�s b provent the enliprcemsnt o/the lien aRd the los�o/any InteroSf!n a
<br /> �!c!!ha Ttt�t f'ra,;,�rty: ,
<br /> 7 H�rard Msunuic�.Truarlor stMN kNp tlw bWfdinQs and pthsr improvemsnts now exlstinp or hersAA�er erected on the Trust Props►fy
<br /> i�atrnd by tnauranc�C�n9Ws satl�hctnry ib BsnsAk,Y�ry ags�nst bss by li%hazards included in the tenn"extertafe�l covsrage"and
<br /> �uch oth�r hazanfs,caauiM�s and conehQsr�cNs aa may bs roqWred by BenelFclery. in such amounts end fior such per/ods as may be
<br /> nq�d bY B�c�arY Th�po�Cy oI lnawaxs shaN bs�n bnn accspt�Ws M Boneticlsry.A+oWds that ths sams may not bs
<br /> canc�d or rtiodlMd wr!lwtK IflM�rn(15)day�prro�►w�►�sn„odcs ro senenc�a,y,and sna�v navs bss pay�b�e provislort�!n tavor ol and
<br /> �►Iform acc�ptrbb M Bsnsllclery.AIr pnrrMums a►l►rswence AoAictss shaq bs pald in[he m�nnsr proWded under pantgrapl►I hsrool
<br /> or,lf not pald M such mannsr,by Tiusror making payrnent at Mast NAben(15)deys prio�to the due date,.drrecty b the insurance
<br /> c�niK.B�r►�Arc/ary ah�M have ths rl pht ro hoJd the poYcies and renewAls thereol and TiusOor shsll prampdy`umish ro Beneficlary all �
<br /> nM'►�wM noftcN�nd eM paid p�smlwn reCSipts rocslved by it.In no event shaN Beneliciary or Tiustee be held responslb/e Ifor failure to
<br /> P�Y�w�P�►►►k�ns or Mr any bos or dama90 erising out ol A de%ct in any pokcy a erising out o/any fellure ol any lnsurancs
<br /> ca�ny M pay lbr any bss a dam�gs lnsund against a for feilw�a by Trusta b e/Mct Me lrtsu►ance requfied hereunder./n the event
<br /> , d baa. Trialer�aN�ivs prompt noNce by maN b the lnsurance ca�rrer and Beneticlery.Benef/ciary may make proot of lass if not
<br /> mad�promptty a Jn properMnn by Trustor. ,UV pohclss o/lnsurance end eny and aN relunds o1 unsamed premiums are hereDy
<br /> �aak,�nec��o�r�elYcl�!ry as�ddi�r►�,►SRc.u�r�y tc+r�p�ymzrrt at tA�tntl�biodna�.I(►ii7B @i%21tt�I 'Tat�►7!?ilCl�ty S 6X@fCISB Of tIM pOYYAf
<br /> d sals contMMd hsroln,or in fhe event o/Mreclosuro, ell right,tids and Inteiest ol Trustor in and to any insurance pdicy then in/orce
<br /> shaN psas to ths pwcAassr At the trusMe's stUe a krec/osure saJe.!n casa o!any loss.t/►e lnsurance proceeds may,at t/re op6on oi
<br /> Bsnsl�c/ary,be ap/�Iled by Beneficlav�r upon the/ndebtedness,or any patR thareo%and in such wder and amount as Beneffclary may
<br /> dstsmNi►e;or sald inswance proceeds,at ths opdon of Beneficlary,may either be usad!n replacing w restaing the Tiust Prope�ty
<br /> pare�My a totdy dastroyed b a condit(on sansfactory to Beneficiery;or sald insu:ance proceeds,a any pation thereot,may be
<br /> nNaasd ro Ti�st�w.Unhss 8eneliclary and Trustor otherwise agree in w�ting,any such appJicatae o!rnsurance proceeds shall not
<br /> sxtsnd a postpw�e Me dus date ol thH Note,or any Instatlments called fa thereln,a change the amount of such lnstallments.N the
<br /> Tiust Properry is ac pWrod Cy BeneNCiary pursuant to the exercise o/the power ol sale or other toreclosure,a!1 right, tiNe and intbresi ol
<br /> Trwtor!n end to any insarance proceeds payable as a iesu/t o/damaga to the Trusi Property prior to the sale or acquisition sha//pt�ss
<br /> tn 8�nsl'icJary and shall be�applied Nrst to the costs and expenses,!ncluding attwney tees,incuned Jn cdlecting such proceads,then '
<br /> . !n tM manne��u►d!n the wder provld@d hereln. ,
<br /> 8. Prrasrvafi�on and Ma/ntenance o/7rust Property. Tiustor wiil keep the buildings and oiher 1mp�ovements now a hereaRer erected on
<br /> ths Tivst Propsrry in good repalr and condition an�d wi!/not comrrHt a permit wasce,will not alter the design w structuraJ chaiscter ��
<br /> cons�ituNng any bu/ld/ng now a hergalre►erected on and Consdtvting the TiLSt PropeRy witt tout the Qrinr wrinen cnnsent ot �
<br /> --- = F�r,wTi�iary,wiii nv#oo arry act oT UMrrg wltiCh would unduly impt�ir or depreclate dre vslue ol the trust Praperry aad will not abandon ;� �S'
<br /> (hs Tiust Prope�ty. Tastor wlll not remove etny Hxtures catstituting the Trust Proparfy unless the ssmo are immediafety iep/aced with
<br /> like property subject ro the/ien end securf y interest ol tMs O�eed of Trust and of at leasr equal value end utility. Trusbr will comply with � -
<br /> sH prosent and luture adlnances.�eguletions and requrrements of any governmenta!body which are applicable to the Tiust P�ope�tJr '
<br /> and to the occupancy and use therepf.H thrs D�eed ol�iusi is on a unit+n a cortdominlum or a planned unit development. Tiusta shsll '•
<br /> psrfam ell ol Tius[a's obligaO�ons unde�the declaretlons or covenants cresting or goveming the condominium o►the planned unit . �,�
<br /> , developmeni,the bylaws and reguldtions of the condom/nium a pl8nned unit devebpment,and the consiituent documents.
<br /> 9. /nspeCGon. Beneficiary w its agents may,at all ressonable times.errer upon the Tiust Properry lor the purpose of irrspection. 1
<br /> Bsnefkiary shal!have no duty to malre such iRSpection and shalf not be liabte to Tiustor or to any person in possessron;l it makes or s
<br /> talls ro mske eny such inspection.
<br /> 10. ProteCtlon ol 5ecurity. ll Trustor lai/s to pedorm any of the covenanis and egreements conta;ned in this Deed ot Trust,or il any ection
<br /> �proceeding!s commenced which does or may adve�se/y affect the Trust Properry or the interest of Tiustor or Benellciary therein oi
<br /> the NHe of Trustor theretn,then Bene/rCiary,at�ts option, may perton�n such convenants and agreements,make such appearances.
<br /> detend against and lnvestigate such actlon o�proceed�ng and take such othe►acbon as Beneficrary deems necessary to protect its
<br /> Interest includrng,but not limited to,disbursement ol reasonable attorney lee9&nd entry upon the Trust Property to make repai�s. �y
<br /> amounts disbursed by Esrreficiary pursuanf to thls parag�aph 10. wdh interest thereon, shall constitute Indebtedness ot 7iuslar
<br /> secured by d►is Deed o/TrusL UMess Trustor and Beneficiary sgree to other terms of payment,such amavnts shal!be payab/e upan �''
<br /> rn7A!ce lra»Beneficiary to Tiusta�equesdng payment thereof,and shall besr interest fram the date o1 d�s.�ursement at the delault rate,
<br /> it any.set fo�th in the Note,or othenvise at tho highest rate perrrrrt�ed by lew. Nothing cantained in this paragraph sha11 require
<br /> Beneflciary ro incur eny expense or tske any action hereLnder. Trusror Irrevocably autho�izes and empowers Beneficiary fo enter upon
<br /> the Trust Property as Tiusto�'s egent and,in Trustor's name or ort:envise fo peAo�m sny and af1 covenants and agreements to be
<br /> pertc�aned by Trustor as hereln provided.Beneficiary shall,at its option, be suDrogated to any encumbrar,ce, lien,claim or demand
<br /> and to a!1 rights and seCUnaes for th9 payment thereol paid or discha�ged Dy Beaehciary undei the provfsions hereofand any such
<br /> subrogation rights shaJl be additiortal and cumuletive securiry lor th�s Deed af trus�.
<br /> 11. Condemnetion. The ptoceeds o!any awar�o�claim Jor damages, drrect or consequentral,rn con�ecf�on with any condemnaPron or
<br /> other taking of the Tiust Froperty, pr 8.�y�aar3 ahvreof,or far conveyance m rreL ol o��n araCCrp3tian nf rondemneUC�n, are�ere�y
<br /> assignedto artdShBli beQA,'d fo Benefcrery. 7rustoi wrii Ille and prosecute,rn g�po larth anrl w�th due ddrgence,its clarm lor any such
<br /> award or paymer�t, and w�rt��ause the seme to be col�ected and paid to Benetaary,and,should�t fa�l to do so, TrustQr�rrevocably
<br /> authorizes and empowers Beneticrary, rn the name o1 Trusiar or otherwise,to t,le,p�oseaute, settle ar camp�omise eny sliCh Clarm and
<br /> to collecL receipt for and�etein the proceeds. B fhe Trust Property rs abandoned by Trustor,o�,after not�ce by Benehc+ary to Trustor
<br /> that the Condemnor oflers fo make an award or seKlo a claim fo�damages, Tiustor tads to respond to Benelic�ary ev�thin th,rty(30)days
<br /> after ihe date suCh noiice is mailed,Benefrcrary�s author�red b cotlect and appty the proceeds�n tne manner�ndreated here�rr. The
<br /> proceeds of any avyard a cfaim may,after dee�ucting al!reasonab/e costs and expenses,mcludmg attarney fees, whrch may have
<br /> been incuned by Benefic�ary in the collection therecl.at the sole d�screhon of Benef�c�ary,be�e/88sed ta Trusto�, applied fo
<br /> �esfoietian ot Tiusf P�operty, o�epplied to the p8yment af the lndebtedness. Unless Benolicrary and 7rusto�othonv,se agrea�n wnhny, " � �
<br /> eny such sppliCation of p�oceeds to Indebtedness sha!!not extend or postpone the due vate c1 the Note or the payment oJ any �
<br /> installments cal/ed for theieunder.
<br /> 12. Tiuslor Nof Re%8sed.Extension of the time lor payment ar mod�licanon o/any amorhzal�on of the lndeSte�ness granted by Benef,r.rar,�
<br /> to any sucCessor in inferest of frustor shall not operate ta release,►n any mannei, the nab�l,ty of Trusfor ard Trusto�'s successors�r
<br /> interest. Qenefic+ary sha11 not be requned to commence prflceed,ngs agamst such succassor or retuse io extend nme lor paymont o�
<br /> Oth9►wise modily�mnRizaU�n o/the Indebtednass by reason ot any demand made by Trustor and�rustvr s successo�s N�
<br /> in inteiest. �
<br /> t 13. Financlal Informatrvn. Upon request of Bensh��ary, TruStOr wdl prowde fa Beneficrary. wRhm rnnety 190�days o�the r/ose ol each Lsca�
<br /> � year pf Truslor, lhe C�nsolidated bdlBnCe shest and SlBtemenl of earn,ngs o!Trustor and any and all gua�antors of th.� Indobterfness �`7
<br /> Secured heraby,ii any, and wd!provrde and del�ver to Benelrclary sucn othe�t,narr�ra��nto�matron and m such mann�r as B�nel�c�a�y ��
<br /> mey reasonab/y request Irom timo to t�me. ����
<br /> 14. Flna►rcial Covenants !n add�tr�n to any other fmanc�al covvnants ol T�us!or made�n a�y �.�the�;IyrgBpiBnj inSf�Lnlpnf G�C;�,c,n7E�m ..
<br /> Trustof sha/l compiy w,th anci shall causp any and al!guaranlors ol tno Indebtedness c�,c uren n�•E�by ��,c�:mr,��,v:t�� :��hr�-r,
<br /> complranco with.the Ip!lew,�tg hrranc,al covenants (Th�s Ad�dgrapl3 Shsill!��f 'rlpnlY JCUiflrrd•�IS F�^(1 rc,�L���,R�t,nft drF� rc;��.•
<br /> lorth h�rQrn)
<br /> fS. Schedu�e nl Loasc�s Nr�th�n t�n(10j days after dErn�rrd Trusto�sha�l(u�rr�h fc�Hc�,;rhr,:i�y,, ::hE,U�,z• r����•;�r����t,. ' ' � � ,�
<br /> f0lfh a�!IE>asvS o/the Trust Propt��Fy. or�ny panion thE�reu1.,r�c 4�J�nq m f..�•:.��C ASE� }rh l _a�r:��,��lh.•In•,��:�� .. �.��.a'�,•� �.�� � -
<br /> 01 fh0 Sn.fCe UCCU��ed hy SuCh tU�+1rnIG•�r�cct�p7lit. L`7��E�riln![�HydhiC'�U'�u:h�.(�:f•'f• ,t� /•.;.,r � •�,,. ...�. .. ,� , � ,, , • .._�
<br /> I�SpCCf fOSUCh IP�I�{�S Hnd if'ridliC�CS�r'.QPnE'•`iCiFlr�In,�j r�.,�S<on,�l�:y rt.,�.�e�i.f • .•
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