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<br /> ' 11. L.EM�JFi�'�R1QHY YO CORS.'.'!EtlC&QA�F.�END LEGAL A a�ONoBr�iioraby oAvalmc�fto�il n�no�moy N�4ad to,00ttmmon l�in an�ionoan,nnd
<br /> � throatcnrd ccUon.au1t.or othm pr000�dlnp c►ffo�n 91�d to��e�or coale��y c1alm or controvcray or nny daim�3Ea ro�IdnB thorof om Nohing
<br /> dot�nd auoh ac�ons.suris,cr othr.r tegal proa�a g Ir�
<br /> Qmntor tohorcln N lll pr om�Land�r riomtNdn��ho�etlonn do:orfbod In�thls p�amt3roph�n�a m^"°��
<br /> oortttilnod pc
<br /> 12 INOEtdNIFlCA110li. L°nd°r ahNl not aaoum�or bo roeponclblo tor tho podamnnco o t an�r o f Q r e m o oe�o b t^8�n tb n�IIQ�f �lon,a on s o a hs and
<br /> �y d����s.Qrumor ehalt Irmndlatoty Provldo�°rt���th lsa(tndudlnp attomoys'�t o nna d��0podor and qe aherQ oldoro,diroctors,omooro.
<br /> , cmp!oycos end e9o�s�h��°���y G�?�rtal�n�g to tho Proporty Oncl u�n9,b�n o t I l m l t a d t o.t h o a o I rn ohdng 0-l az a r d o uo Matmtels). drarrtor,upon
<br /> o�hcr t�g�l p►oa�d� �� � tha attomoya'faae,lc3gai a neoa end othor costs Incurc n d In
<br /> . tho r e q uoat of Lendor. ffi!hUo t oounsal 10 detend Land=r ham such Cldrtrs.end PaY .,
<br /> ' oonnoctlon t herow l t h. I n t h a d t a�m a t l v o,L a n d o t s 6�suM�vo the et m i ea tOtI8f Q 1 8 S 6 0 Ot�}T E)O I 6 8 1 1 i 0 0}alflht�D A e d C}TNS9. nt�orn cost a�antors ��u
<br /> ob1igation to IndemnNy l.onda►undet thls para9rePh �
<br /> when duu and imnematoly P��de Lender evldena► �
<br /> " 13. TAXEn M1D ASSEtiSl4lENTa d►s�mor shall pay ell tuxoa and aasossmoMa rolattng to PropoAy '
<br /> :,m ( yrta
<br /> ...... yrt�ent of sart�e. Upon the roqueol ot Lender,(�renta sh�do 9d�wlhlh�I�o dofeul�,theco amouma she112he fr3pplfeed romth th�lunds sofN d o •,•
<br /> Lend
<br /> �W en�ilum,texes and aesooQmerrta Parte��n g to tho PropoAy � .
<br /> os
<br /> PaY any taxas or d lega►ns�t t�o�Ig�a lo n a. MY iunds applted rr�+y at LandoPs oP1�°��r e P P�t o d I nr e v��►d o r o f t h e d u�c i id�ate thereoyt. � .
<br /> FiECORDB AND iiEPt1AT9.Qr.�or shall allrnv Lender or Its agents W axerNno nnd Inspo�cty a��� y, - ^�',,
<br /> 14. IN8PECi1�T1 OF PRGPCRTY,BOOK8, }rom tlmu to tlma. tUentor shall provlcb G; _ .
<br /> and exartdne�Inapect and malce wptea of(3rantofe boolcs and records patieiningto the Proporty �n AdFlltlonally, � ��;•
<br /> , re�ulrod by Lender for thasa pu�pOS�s. NI of ths star�atures end Wotrrntbn contalned In drantors booka ard rocads thaY ba 9enulne,tnte,accurAte and �
<br /> qu �rantoPs tlnencial conditlon or the Propony. Tha �":<.��,
<br /> , . qra�ntor a�haA e�port,�In a rm antls��ory t�Lender�euct�infor•rr�atlon as Lsnd�sr mayro�e Inosi re�gar�n9 recorde ponelninp 18oe the�°maf y deslgnato. AY N ;r.,
<br /> ,..`��i':�:��. �niom�atlon sha11 bo for sueh po�iada,shall taftect Qrantor's reeoTds at suoh Ymo.and sheU 6e cendered wltfi such hequen�Y _,'
<br /> ��' ete(n aN respecte,end s�Aned by Qrantor a lender requests. '
<br /> -� ..,,;�.;�.:"�i�, I n t o r m a l l o n t u mlahed 6 y Qramor to Lctndor sh�ill be tnre.aoancita and oompl ,`::-
<br /> ;,,';;'t:,;',' ,._�.,
<br /> uoal b londer Cirerdor shall dalNer to Lur��or, r any Inte d a d trona fn r e e o t l e n d c�r's _ -i.r:
<br /> , � C re :
<br /> _ ��� �g,EgTppPE(,CEFIT(FlCATES.Wlthfn ten(10)days aflor eny��e�Y Q�� (p)the outstending balence on tho O�,:gatlons�:�d t�)wheth�•
<br /> • � d g Ms wrih ros p o c t to tho Obllgatlons.n s19�od and edmow►cdgod ng ,.;'°--
<br /> + aerrtaUon thnt Lcardor ma9 malc°t o t h e I r rt o n d e d t r e n m f o►o o w�t h roo p ocl to thoso rtr�riora In
<br /> , C3f8t1i0T�fOS6E3S808 Blly Wl1lI�Ol1�OdOOM�ILLBNQiy tI1WR by eny repro �fth res p o c t to tho Obllgattons end,lf so,�ho neturs ot uuch elal�.do�uneos�sots�Hs o�
<br /> � � OOUfIt8TC181R13. Qf8lllOt ElfSd 818lOfOBt�1 l�l tilkilfll�tTitUY107. _'`
<br /> � tho uvam thm Cirentor falls to provlde the►eque
<br /> �� � 9e. DEFAULT.aret�tor ehaU bo In defeuft undar thle Daod of Truat and tho Truatao's powor shall bcoomo eP9r�11vo„tho ovont that drnntor,Botrowor or �;e.+�u
<br /> any Quarantot ot tha Obl►gariona:
<br /> �� � e) taU�ro pfly anY 0�1A�tton to Lendar when due: or wvanam to Londor aometned In ihle Dad of Truq or any othar preaent or tuturo `,;;`
<br /> ,,v
<br /> rfortn ttr�r pD(Igatton or bteaohea nny wonamY [.,a;r,-;
<br /> e �b) teu�to po e tho PropeAy to solzuro,aonAooatlon.a aoadarmatlon: =_—
<br /> ' m' s the Pro In eny metadal reiPoct°r°ubj�t �
<br /> : � o d�sVOYS,loua ot dnmfl9s Pa� to Lcnder,
<br /> •�� �d aaeka to revokkio,termtnato o,�r oth�IS ds�aolNt o�d a�tumu�nlnatod,yb�oomoa InsoNant.malaea en ssel�rram la tha beneflt of aedltoro.fNl�to pay
<br /> 0
<br /> e) d».�s�� iaw.,�ww an lar.�Cttstar!Psll!!^"In bsnluupiaY fi�ed tn whloh Grantor� trowar --
<br /> ,� duo,nles a pothlon ur�deHho taderel DenM�P�cf� � ,
<br /> d°�s°s thoy b°°°m° teken urtdor any wdt or pr000ao d oouA;
<br /> or an 9ua►emor Is namod.o►has ProFo�Y ro t� n�saton.trensportatlon.or uso of whkh,ls Wogal; _
<br /> �, (� �j�r,�rs gooda to bo uaed,traneportad or siorod an tlro P PeRY, D° (eUh,for er►y roasan,belteves
<br /> �. (g t�lawa c�r►y pMfr othor then arernor ar Borro�'er to assume or undartelco eaY OWlgatlon wfthout tho writum cawom ot t�ender,or
<br /> . , �. lh� aoucea Lomb fto doe m o��dom�enoc►la h�palre�d Iftaant doolino In tho vffiue of the PropeAY:or It Lon�er,h Sa�d
<br /> that tho prospoel PaY�
<br /> 17, g��}�g aF LENDEB ON DF.F�AULT.������h�°���s�d�TNSt,L o n d or e h A U b e e r rt i U c d t o e x e r d o e o n e o r m o re o t iho followin g
<br /> tcmn�oswfth�t nodaa or doman t � te fn tull; -
<br /> ,�„ (a) to dodaro tho Obllgatlons imradleteb�o end W1� or Chuttots oonatlMirg tho Propefi'at e Plaoe reascnably
<br /> �. (b) to oolloet tho outstnndlnB Gh�Battons w1Sh awtthart resotlU9 to Jumdaf proeess:
<br /> � (a) to roqufro Qra►rtor to dolNat and rtulco avalleblo to Lendor enY Po�� P�0P13�Y
<br /> �'�41���.��; ' eomreNoat to arenlor and Let�dor, w�ho��,��fa��Nng the eppolntmont af e rQOalver and,at Londoro optlon,to ----
<br /> �� r. t� to e��tor upon end leke Poaseaslon of tho Propa�y�an tho 06iigaltons end wlthout othorwlse meallnA a�Y etatut°ry°°ndlttons rt�gardln8
<br /> i appdnt a reoolvar v�Mhout bond.wilhoiA flrst bttnging
<br /> -. rcsooNare.ft bo1n8lMondad that tsnder shail have tNa oor�tracwa�rl�no IIPPoIrrt a roceNer, � s and exponsoa�on a000aM of
<br /> _. � `. �' (o) to employ n trenad�8 eB�t�t ot the ProperlY end Iol tho sarno,eNherhe Teerro,after paymoM ot all nnoces�aq Te►8eor In 1he nertio of Q►entor.and
<br /> • , recoMe the remo�Irtoomns,lssuen and proflto of tho ProPQry' eR�P -
<br /> tho 061IgaUona: e�by��r to ptoted tho soourl►Y of thls Qood ot Truat or to wro erry cbtauR other then
<br /> . . (� to paY nnY aum9 In eny tortn ar rtrimor deort�d o't�9 --
<br /> ..., ,'' paymertt of fr�torost or prindpal on lho Obllgatbns; through oxetdso ai ths powar ot snto as roforonaod In c-
<br /> ^ •r (g��pry Zp f�ie►�eot�0000Trdanoe wnh aPP�k�hlo luw�ry�d to diroax tho saio ot the prapeAy
<br /> �;:,": �n�to�ec�ott anurtara oa��o�g es� �y c�unta owed tiraMor by Lendor Induding,but not tlmltad to.monlea�I�18tNRqflt6.and doposst --
<br /> °. „�y,..:•`� ncaouMs maJntelnod wkh Londa or eny cunamlY e�dding a hnure atfi9ate ot Lendor:and
<br /> -�.-Y��•__•..�. {q ro oxurdao Eill othor rf�s avallabto to Lender ur�da nny oU►urwrFttan ageem°M or appticab►e law.
<br /> - . -a L�,ndo�'c d�c e t a c m r��t a t N o e rt d�rm v i�e x e i dced t o�ttta,s=F'��taY. aml!st anY�. In tho merrt that lsndor Instltutoa nn acdon eseking the .
<br /> � wa y ot a ejro�+�u��i �wi�++dy In en tt e N o n,e g^1 n a t c 3 m m o t,t 3 rt�m a r w a i v�a t i-e e�8 ot en r bond wh;ds m R h! r..-
<br /> .'"" '"' r�o o v o ry o r�n y o t t ho P ro p o r ry y � �o�o pro�y nt eny s e t e. P t o o o o d s ot[u ry (�ustee s seJe hataund�:shall bo a p g!io d �_
<br /> � '° - othorwlw bo rc4u�rod. L cn�3 cr o r L e n d e P s o �� 0}t l 1 g T N S l O p B I d�B fl C l t t 9�l y.�n e u rt o d n�d not to
<br /> ftrot,to tho ooats end oxpensos of o��sing the powor o ssile end of tho selo��ndu d tng'uoopa '�on���horeby,thlyd,to me paymatd ct juntor ��
<br /> .. oxooed t h�emoum whloh rtti3y bo pr for In tNa Oood ot Truat,¢ocond.to D►�Y►no or any paR thoroof may —__
<br /> = t���a.�rt�.go� or othor Itonholdoro,and the balenoo M eny,t o t h e p c x s o n� or ponona togally vmlUod thoroto. 1he Proportfr �
<br /> cxs
<br /> , g d ln Np. "'
<br /> bo coid In ono p�uoo- l,oi In Eu.h p�araats.mannor or ordor as��4�ld orlth ob0�gatfons ey►o Pal�d���oxorolsoo ot iho Powot h a r n o `s•:
<br /> . '.' � shaU not oxtlnpulah or oxhnusl tho powor unloaa tho E►nllro prcPaty b oxerdsa ot tho powor of --
<br /> � „ �� � 18. TRU�STE��no�d�Londnt a�hclt n��R��5��^�D mAhon �►a�ulmd by law.a to so l l Q r a mo�o I m o ro a t I n U i e P ro 3 Q++Y Y �-',
<br /> .. ; .' , � °ale hero .
<br /> Upon maalpt}e}et�e aa^�hen b0 tf1Qulf6�bY��h��DOl1d 0 TN61 o Nbt�ilU.0 ty R�IOtOhlodO�dro��dora�d�wN�hw t d�or�re�nd on dr�arf�tor
<br /> • end notlooa law end afta r000rdalion ot euoh mtbo of dotault and akor notloo at�alo hc►vlr►{s bo�c�us�Lond�r shaU�doem ,
<br /> � a4or suoh ttme ao may thon bo roqulrod by p�
<br /> ��mo ptopoAy at tho Urtu and ptaao e1 oelo 8xad by ft h suah notloo ot ealo,efthor no whole ot N co o iots a paroo
<br /> . ,, o arrt�anr In such ordar ns R rtr�y dotertMno�m Pubdo audbn to tho hlgho��lddor for cT o fIn���nhoor o f nsUnitod b�tosul� ont�docd or�d�ooda
<br /> �...�.,f�lcm m�v thon bo raWlred by law. Truatoo ehNl dotNm t.�ar� Thourodtols!.�a�eh ot any rtr►tt.►��T°.��
<br /> �-- �om,oyUig tho proacrtY eo cold,bu1 wttnou�ciny�ovm��� M��••�•:;•'T-- - r4;,om o.a•:.••••._. ..—.__.._,
<br /> � wnG'udro Proot�d dtb ja�va�Po�no�asloo�ell or�c�ny po�rtl��of hehPropo�rlymlon�arantor.Truatoo ot t.or+oor.�f►w
<br /> . � '� In tho tmnnor pro
<br /> •':,'1�r �o�n a heroto dt the addroaa ot euoh porcon sat�onh horoln at tho earro Ur�o and In tho aom°�"Of�4�d es tfiou�s sop��►to�oquoat amof
<br /> .. :':r 19. qECUEST FOR NOTICEB: t3rt�ntor roquosts thnt a oopy ot�ny rto11a�of dafauh nnd a aopy ot eny nottoo of colo hemund�r bo malled to oach potsot+
<br /> th
<br /> '`.�� had bcwn 81�ed by oaah Qud►persao.
<br /> '�::i�
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<br /> . •, .i,'•; Pcp�9d8
<br /> � NEDOTC Rn•1?/87
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