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<br /> ,�}•� TO PROTECT THE SECUt87Y 0F 7MIS TRt1ST OEED TRUSTQii HENEBY COVENANiB AN�AtiREES A8 fOLiAWS: ':. �'' : � .�,-� -;
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<br /> t t.R A'/M E t r T O i�M N C I�A L A M p M f T E 1 1 E��.T�u s t+o c a h a l l D r u�O V Y P a Y�the�►dae tAe D r+nei y at ot an0 ints�sal on th�InQ�tbt�ss ..�,1. t
<br /> � _� `_� �xidtnelObylhtN�t�.andaBothrecAargesee�dtNSasprorid�0inth�Nott.andlhep�t�olanAinle�retlonanyFutunAdvanC�ss�cute4 .. ,:;Y.,.. `:<<'`,
<br /> . .4 �s.,t: .s Orit�7tustDe�d. , . . .' ° .
<br /> ��,,�`-�'`• �� �• `j��:` 2w�1lRAN1YOFTRLE,Tryalpristarlutl�seuedaadpou�sse0olqoodandtnd�teasiDts�itteqnd�siat�tothsPropertyRere6Yeanva�ed _ _ � �.�
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<br /> _ - - . -- andAaslhsriqhttoqrantirt0eoavaylhePropertY:theProDeriYtsheeanQctearotatffiansandaaenrubrsse�se:cettGensnowol�eeord:�nd . .-. . _ - -
<br /> - ?n�stor wid wana�i u�A MNnd the titN to tbs PropeRy against�il cfatms and Q�man6s- . . � °.. _ —
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<br />� i `` . . 9;M�N7EltAMCEANpCp11r1.1ANCEwITHLANS.TrustorshaiikeepthePrope�tyingaodrepa�randcondiUOnandshallnotcommitw�st� � " - �
<br /> - or ptrmit impairment or A�terioratian of ths P�opeRy and sna11 compry►wilh Ihe provistons o!any teise il this Trus1 Oeed is on a Ieasehotd.Mo
<br /> �� ' , imptpvem�nitroworfiet�att�rtncteduponlhsPropertrshaUbsaUarea.rlrti0vedordtmofisAedNithoulthepriorwritteoeonssntMBaneliciuy. �
<br /> T�ustorsh�Hcompywithauia�s.ocdin�eeea.teputaUon,s.coxenartts.cortditlnnsand�esuictionsafteetingtAePropertyanAnotco�nmit,suHeror �_`����
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<br /> � pe�onitanyaattob�dcneirtoruponMePropsrlyinviotatioaoRan�iar,atdtrtan�e.�eputation.eovenar�condiGenarreSfrietion.Ttusior.sitsli .f;,:. ,'� .� u -: •'
<br /> �qmpteleor�eatoreP�P�Y.�ndUigoodwarkm�ni'kem�rtrteca►�tmprauema�tcrttAeProp�rtYwhieRmagDsQam�ge�erdestiagsCsrt�psy, . �..
<br /> • when dus.atl chin►s tnr(aborpertaemed an�materials fumished the�etor srt�tar ecty atterafiorts Ihe�eoR . • "•;;r�`
<br /> ; . � -� ; , 4.MiSt111AtiCETrustor.etitst�p�!rse.WiftmaintainwitAirtsurQraspprove�byBeneticia�Y.tnsurancewiihrespeettotheimprwementsand . ';::::,:,:•;,.:;:,.
<br /> . `�t,;�:.�7 aa�►atpropert�t.certatttutiRgMeProperfy.agaiaattussbY�icet'igMntag,tarr►ada.andntherpenYSaR�nacia�dsmvece�b�stanQaree:tended `•'�f-'z��,:-:., .
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<br /> � .:.�� ;; s ceveragtimdocsemer�tnac[aen4w+tequaltoatleastertehunQredpercentftQ�Ji►ofthetutlreptacementvatuetRereataadinsuCanceagaiast = �,;;::,;
<br /> r<';-����L�;,� "- '�r �:� sutleatlterRSiardsar.+�asSq�A�mountsuiscustanaritycarrtedhyownersartdoperatnc�olaimitarpropertiesoras8erteficiary►ma�uquintar' . . .
<br /> ;';��=;�'��u; =`-� -.• .. :�,.�;:'`•;'� itsprptectlort.T�ust6iiriltrrieapqwithauetiatherrequi[ementsasHe�cfa�yipaytromtimetotime�equestiatdepiotectionbyins�+tanceolthe . -
<br /> � �; . <. . . ;. :.�, ,:..��������Ytrp���Hnsuraneepolieiesmaiafainedp�aSwi�sCtotAaToUstDeeOshatinameTrustarandBeneficiaryasjnsured.as
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<br /> .. • .` . .�r j tAeir�sspe�;�einterestsmsyappear,andprovidsthattderebeno��+bnor�6cationwithoutatteas1150ayspdmwrittennatificationto . • , � ,
<br /> T�usleeand BeneTiciarymayproeuse=uehln�unneeinaccatdaacewithfheprovisionsolpangraph6 hereot.Trustorshat�QetivertoBeneficisry �
<br /> ;� �_ � � theori�inalpotieiesofinsunnesandrenawatsthe�eolnrme�blpiesotsuchpotieiesan4senewstslhsreotFailureLOfiimisfisuchinsurs�naby � ,
<br /> � Tnutar.a renarais as raquired Ae�ande�shall,at tRe aplWrt.li�9eoeticiary.cortstitute a default � .. , ..
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<br /> ".'. �`��-ii�,�, � � S.TAIIES.ASSESSYEMTSANOCHARGES.Trustarsls�Ig�all�assessmentsanAothe�charges.inctuding.wilhouttimitation.fines ` ; , . • :
<br /> .. �-;��Y�'r •,_ , anAtmposisions atatbutaLts mfhe P�operry an0 tease6otp�ry:�¢rrts,�r;g�.plina renes.i1 any.betore tAe same beeome detinpuent Trusto�shait _ � . - -` . _ ,.
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<br /> � prempHyfi�sbtobeneficiarysOnoticesofamountsdueunderthispar�g�.aedintheeventT�ustarshal1makepaymenidirect1y,TrustorshaD
<br /> _ . ', �promptty turnisA to Beneticiary receipts avidencing such paymeats.Tntsiqs shall p�y all taxes and assessmertts which may be tevied upan
<br /> .-;:j�i j ,. � 6enetciary'stnte�4stAereino►uponlhiaTn�stOeedwithoutregaMloanylawl��tcia�Ge6enaetedimpasingpaymentaflhewhoteoranypan _
<br /> ,,;�;�I xr•s � . • fhereot upon�e Beneticiary. .. .. ,
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<br />• •��;�E''-�''� ` �- B.AOOti1�'JN�#.�IENSANDPROiECiK!'AOFBENEPICMR�'SS��11�7Y.TrustorshaQmake'�i"t{saymentsofinterestartdprinc�palaod
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<br />:!(,r�.t;:;,',';� ... ��.�:t;: payme►ri�.�etsjF a(her charges,fees aad:efipenses coohacted to be;iai�i itnany e=isling or subseq�eiik tienhotder rn henetic�ary`1�d�a�Y .
<br />�����rf ;s+c � • existingpr�s�s�uenimortqaqeortrust'tlhat£�eforetheAatetheyare�ini�entarindeiault.andprotp�►1lxpayanAEischargeanyalydmll�ther � `�
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<br /> ����-' : �-:�e�gnantsanQagreementseontaiaedint'�i�TiU'slUeed'..ei;t$c��ieter8[erredtoherein.otinanypriac�r�sequenit�U�,ntita:iy.�tliono�
<br /> .`.iy,�,�/•(f..;t., �., preeeediagiseommeocedwhichmateriatlp3li3�:Kv� 'er,Clidaiy'.'siFr!'er��intheProperty.ioctuding..truit�uelimitedto.omdr.esitdo�ti�,iripsoceed- ,
<br /> . _ , irtgs,proceedingsmvalvingaAeceGenf.nottc�r�saia�u'�ius7te"i�rn{r.��bfaetaultbyTtustea,mor��fatectosu�eaclion,oritTrusjotlailsto
<br /> payTrustoPs debts qeneralty asthey became Que.lhen�iatfciar�:�IIc.iieflciary's option and�8i}��1 natice to or Aemand upon Trustar and
<br /> . withoul releaSingTruStor hom any oEtigation hereunder.may�i�:�t•*siiHr�.,�pearances.Qis6urse�itlr�afms andtake such action as is necessary
<br /> ' , " ' to proteCt 8eneficiary's interesl,inctuding,buf not timite4!rs:'i3Sst�utsement ot reasartaQt���nrrr+�•y"s tees,paymeM,purchase,contesl or • :
<br /> � compromise o1 any encumbranee.c�arge or tien,entry up�nih�t?icpeny to make repasts;.hr�iaratton ot Qefautt under this Trost Oeed.lnthe
<br /> . ; evenithalTrustorshal{(ailtoprocureinsuranceortopey;lGxES.assessments.oranyolhec�lt8rgesortomakeal�ypaymentstoanyexistingor ,
<br /> suEsequenttienhotders or exlsting orsubsequent beneficra��es.Beneticiary may procur��y:l�insurance and make such payment.bN Shall not
<br /> , , � � � be obpgaterb�o do ao.Any amounts disbursed by Beneticiary pursuant ta this Paragraph 8 shal►became additional inCebteCness bt Trustor .
<br /> . aecured b�4'h"ts.Trust OeeO.SucA amounts sAau be payaDle upon nottce trom Benef�ciaryl to TrustOr r��::esting payment thereof,an�si'�3t1 Eear ,
<br /> � • (�te►�sfCr�Trilhedateoldisbursementattheratepayabtetromtimetotimeonoutstandiaqdrincip8lutt?2rt�eNOteuetes9paymenl¢Nriterestal • • ,
<br /> � i � $ucn r�Q�xould becontrary to ayplicable Iaw,in whica evenf sueb amounts snaubear i�rai�cri�the fiighest rate pe�m�ss�bte unEer applieaDte •
<br /> ��;�::;�' .,,,r,, ,,.;�;; . la�r:!N��:�ing contained�n thts�aragiap�+�w�+a'-�repusry B�nebeiary to Ineur any experse 8rt;�tcp ar.y action hereantter. ,• ��;;;`�
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<br /> y.ASSIGNMENT OF qENTS.8enetic�ua�?5'�atl have th'e Nght,power and authonty du?r,:'•n t��'�irt�nU��ee ot this frust Deed ru a��'°ct Ihe �� �.�,,1,i',t F
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<br /> �:i;,;`.:;; rents.iasues and protits o1lhe Property artCaf any personal propeny located thereon w�1b or wnn6i�'t;a}r�n�possession of lh0 proD6�S!`alYetted �,�•,,,...;::s,�,�41,��;;�,.
<br /> � ' hereby.andlrustorherebyabsolutetyan0unconditlanaltyasstgnsatlsuchrentsJSSUesandprofil8!a�,Y�4t3liCiery.8enetiC�aty.how�vu:he+'eby � �;.; ��;
<br /> • consentstolfieTrustor'scollectionanOretentionofsuchrems.�ssuesandproUtseslheyaccrueanabeeomepayablesofongasTruniarl�.r,At.at �r�E,4�',';,�'��, .,
<br /> � • auehtime.indefauHwilhtespecttopaymenlofaoyinQeblednesssecutedhereby,orinitrtpertormaneeotanyagreementhereunAer,�r�p�nany � t•; .;�,:,��;yy;li�-:
<br /> • .. ..•,-:_,.:, ..,
<br />.. • suchdelsuH.Benelieiarymayatanytime.eitheHnperson,byageM,orby,�receiverfo�s�pvinteAbuacouA.withoutnotieeanaw�:m+�y�regar0 ' '�;;:•; . . .Et:.�.};:
<br /> • totheade�uacyolanysecuritytortheinQebtednessherebysecured:jat�l+�'±upananQ";:kepossASS�an?!tlhepropeAyoranyparlthFrent:andin . ::if_':,':;;? ,
<br /> itaown nartiesuetoror athe�wiseeolletl such rents,issues and protitss,initL,tinglhose pa9ldue apif wipal;l.and appty the same,te:�as�;tsana ��,;:;�
<br /> ' ' expenses at aperation and cotteetlon,metuding ieasonabta attorrt�'���ts.upon any indebtedn;es?�G�cured hereby.and m s��t��::der as . • ' �
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<br /> • ' . ,-:1 . �genettciarymaydete�mine;�b►performeuchaClsolrepditOtprot9t60n'�smaybenecessaiya�praperlb*:anservetttevafueofthefi�9Qerfy:(c)
<br /> ' � •��`�' IgBSetheSemeOfenypartthere0ltOrsuChrental.terrtl.atttYupansuaheonddionsasitsjudgmentmdydxt��O.Orterm.mal�Cradjustthetermsend `S;
<br /> � � � �� condifiona ot existing Ieases.Untess Trustor and Ber.efi c{�tq.ih�reot ag�ee otherwise m w�it�ng,any apD�+Catlon of ryrn5,i�ues ar profits to any
<br /> ^r„�_„• Y ��'•�•indebtedness secured he�eb shall not extend or stF�no lShe Que data of the insta+ImeM a mertt<��qrow0e��rr sai�i yromrssary note o. �,,
<br /> � � �. Y t� P Y y=�
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<br /> l jr;�,,;,. • changetfreamouMOlsuChinstallments.Tt�Erilrr;rrgdpanandtakingpossess�onotlhei►roperty.Ihe�al�c-cr�onof9ucli:ents,�ssuesantiprofits. ,. . ,
<br /> ;�,i����•: � an 0 t he app t iCa t lan t heieo f as a toresai A.s;�Frt�,t:�a�ee:ps cure any Q ef aull or notice o1 Qelautt hereuridai,�ir invalidate a r ry act etar,�nu�s.uanl io '�•�!"�;�
<br /> ' '='�'���" sucbrtanca.Trustoratsoassignstoeeneflt�a�+,�sfunq�:�4eeeuritytorlhepe�tormanceottfieobfigat�onssaouredherehy.allpcepa�d��i+t+�an0all . .
<br /> !'''-:�• � monieswhichmayhavebeenormayhereafter6e,.deposif�dwilhsaidTrustorbyany�esseeoffheP�operty,tosecurelhepaymenth�aai�rentor • ;;,�,:�'
<br /> � ��`��;�''`'s ` . damages,or upon aetault in tAe peitormanee af an�,��f!he pt�v�s�ons horeol,trustor���t�es to detwer such rems artd depos�ts ta�En�nc�ary. � •••�
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<br />•;..,;:..,,�;.�• , , t7ttiveryofwriltennoticeol8eneticlary"se:erc�rte�t�tin�ii�Ms.grantedherein,toany(er�l�tCetupyrrtgsaidpramisessha��b@suf/icicai(tt7!�3qqilire ;� ., ) ,t;��:�
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<br /> sai�tenant.fa•pay reM to 1he Beneticia�y unt it ii�iti�rr,i;q,�i(�� '±,:.;,.�.,;;.:;..,,�::
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<br /> � } 8.CQ�/ATlON.N t�ttA to any par�¢f the�prupc-�ZS,•�nal1 pe takan in canQemnataan pr.ateed�rrgs,py right af emtneM domafn or Similar �`,;�:'=>��;���.J.;}r;�
<br /> , $cti0n,prsti�tt0esatAurt6ertArea�foftendemnat�qit.a,+l:aevares,damagesanaprtra�i�:�.i�nare4Kass�gnedandsnaubepa�dto8eneficiary '". t., :••�,:i,<;
<br /> � ! � . I, who sAat1 apply suct►awarQs,damages and proEeeds falha sum sewred by tA�s trust'OeeO.vintn the excess.�f a»y,paid to trustor.H Tiustor �
<br /> ' � � reteives any notite or olher informaGOn regardmg sucn actions or p�oceed�ngs.T�ustar shal{g�ve prompt wntten notice thereotto BBneNciary. .
<br /> -i-� ,;i;�,• Beneteelarysha116aent�ited.at�vsopaon.taCammenes.appeatiaartdprasecute{nitSOwnaameanysuehnblennorpro�eeA�agsand9l�attbe ,
<br /> '�=f��t• entllfed to meke eny camptom�se or settlement in connecUon witb any such action or yroceedmgs
<br /> ���;•
<br /> �•i��. 9.FUTUBE AOVAMCES.Upon reqeest of Uustor.Benef�c�ary at Benetitiarys opfion,prior fo r�Cbnv�yante ot the Propetly tU 7iust0i.may
<br /> ; makelutureaGwancestottu9tbt SuChfutur�8Qv8ne�3.w�lhint0reslthereon.shallbeseeuredbyfhis7rust0eedwhenewdencedbypromissary
<br /> ' ? nOlA9 St�hng tt►819atd nbl�9 8re se6ureA nereby:prov�ded�hat a!rf0 Ume Shati lhe secured pr�ncipat and future advances,not�rtcludtng sums •
<br /> � advanCed to proteel the secunty,exeeed twe hundreci percent�2�0°�)of ihe ougirtal pune�pa[amounts Seeured hereby ;
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