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<br /> '- S..�IPlD��iolP�yRNds/lrp�y►n�rusrrCCirrdbY�f►�SA?i�����owadl��sn�ZteYbY TrqsiGr
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<br /> `�`� Ranr�or,�o,�olcae�orl wr�cr,e«+e�ie�srp.ir�tts aasa�ut+.disc�.non►.aee�ns a,ppruprta�!tA��otha.wae efscn�dar�+rr.� =_-_W_
<br /> - ':�" `. aucApayrpentsMRbeateertxtt�lpp�edfirsttotf►spayrn�rttot�nYdab��sOi�HYa►a043a0a►WMrttlaRthell60� �kt -
<br /> � ' 8� Cfwg�r,Wn�Tiustar w81 keePlM TitPSt Prapsrtpfras bo►rralf!'r�rss atrd erccrartD�3n�Ces wl�Fc�in arry iraYmaY,in tlre jv�!nant ol " x =_ _ _
<br /> _� _ —_ - ` _._.�-_-�I�I�YOAt!O��Y�;a�C�S��o/.tdisQeedofTnutDutTittstb�neednatdisct+a►S�ear+i�su�fi(tenso/ongas ," „�_ _
<br /> ��.• Trt�stnrsha�sg�s inw'nTm9•tbRaYOEe�eE�naacrws�F�Ys�&er��a�rra�rer�i�H��dahaRin.9ood�:-_ - �� � --II ,�
<br /> co++�sstat�Ch1'i�r+blfaPP+'�P►��P���t�D��M@a�t►ttlteEeteBndMeloSSCtar�yrlae�restlrlOt , �,c_ � �rt.� �
<br /> psrtdtAsTiuslPropertll• �,�a,,�e1eracreiion��tPro�e�ryd r4�`' "�'°`-
<br /> 7. lf��dh�a�c�TnulbrSha�keeRfheb�ngsandolAe�cir�m�en��s -�-:-��- �.
<br /> '='�t,•:�``'' irtstusd bYiruurar�ce Carrie�s sabsfactorY eb Bene�efa+Y a�9ainstl0ss bY�e•Aazards intluded rn the tean"extBA �'e�a9a , �x-
<br /> � - � ' sucnorherna:ard�cawaraesanaconaisenciesasrnarbereq�w�!loreer+e�ci�rj►.rnsucnamaintsandlo.sucnperioosasmayee _ . . : _ �:�_?_
<br /> .. . :_�=:"_ . reqtiisd Dl►8enef�aary►-The t�a�cY�insurance sltall be in Ifo+m acceptaE�ts t�B�iVY P��that lhe same tnay nat be :.�:z_^,t_::.
<br /> CaeCe�etlotA�OdTtedw�oufhReeh(�51datYsPr�aw�Ke���'D��iary,eadShauhauelosspayaQlep/ovutor+shlfararolend .'• .::,�<,�,.j.-_
<br /> � '�•:�., - in krm acespfaAle m Ber�e� AU on irtsurar�ce Poticies sAal!be paid in ihe marx�er provi0ed ur►�erpa�a9rdph 4 Aereof ;,,-'°�' .-� :F�_':,`_�"=':� .
<br /> arY• Prer+tit►ms ;.i`-, _.....: . , ..�.�•
<br />------ _,L ., -...�_ _ rKStleast6ltcen�l�ldalfs�o!mtHed►�edate direCBYtoiheirtsuranCe t.-�-- --r-.---- - :.
<br /> --pt,il not paid irrsudtrrranner dy�nrsiormakin9 PeYmfl �'i��Benefrc�arYal! �1;.. . , . . —
<br /> •' '' ca�er.Bgnefidery 8f18B have tAd t►ght to hakt the pofcres and renewats thereot and Trustoi shailP►'+OmPt►Y
<br /> _ �.-,:;' ' renewairwacesairrf all peld�Iremfumraceipts received Dyit In na�vent shalt AsneffdaM or Tiustee Oa hetd�sponsiWe fiorfai/m+a b 1.': ., • ' ;;'; ;,
<br /> � .t.�:. . �y i���nsGrforany ross adamageari���a a�in a�y pdk�IOt6aNs�rtg aut otany failur���ryin�sruanCe � , .f .
<br /> . � � ` compariy e2 p&y/ora�k,�ardamage insured ageinsf ortarfaikus by Uustorta etlecf�tfne Insu►artce required hereurrder.tn the event .
<br /> �' '� of loss.�rustnrah8llgive prompf notice bY mail to tlre insurarrcecarrierarrd Berteficfary:•H�►refrciary may make proof afloss if rtot 4. ' „��_,_.
<br /> .;•. " . ''., ' madepmmpUyElrJnproperlamDyTrastvr.AUpoJicfesofl�urar�sartdanyeridalErefi»t[isvFwzesmedptemlumsarehereby '� : : �, '_
<br /> ,��`�� • ofthe7nde6te+drres�JathaeweittofHe►raficisry'sexercfseofNepower ;_ . �
<br /> j �i�,��� as�gr�ed m B�g¢Ciary as addidonel secciti2�dorthe payrtrent , �` •
<br />„ ��j1'��,��� _ ' '-� -`;, OfBala'cardetned herein,or iri the @Yenf Of fprecJosure.all dgh�Q�te ai►d frrterest of ttustvi'i�r ticrd t�a srty irrsurartCB policy then irt force , t �.. ��_
<br />""��;�i,;:C�t, -�' ' _ s h a d�•�siv Me P u r c haserat tf�bustee s sale arforectoscr��e/n caseot arry tos�.tlfaihsur�►ce praceeds r»ay�8tth@ aPd01[Of r ,��. Zj _
<br /> i5 :i;i�='fr . C8I7 1 1 1 Bl80�.8 1 f��i•'.,^x l�C�i Q t(«B!9/I f�3 J f l Q f!l I r 8 3��C 1 8/j I t l l B j l ��'. ;r;�i f t -f•�'"�
<br /> t : • �l,76�k6(�f/i���d by/BBA@�N'•!alyl ttpOlF fIIB 1lKIE'�:'� y� «
<br /> i'�``",rA« :s 3 • • ' ��./si;atne;+�rs�d insurance proceeds.attfre yptta►uf Beh�ary.ma�r erther De used in replacirtg orrestor'mc1,tha.�!ust Prnperty . �.��` ` ' —
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<br />,�r,�rr,:;;`1=t , ` par�a��qat�F'.�esoroyedtoacondiCOns�ttsf,a`crorytoBenefrciary:ors�dinsurancepr+oceeds.ora��rlx�ont�reteof.maybe - � i:.: -
<br /> � ,.;,,,. . . ,
<br /> ;��-:•.,•�;:�,; � released f�,t��Un/ess Benefrciary acro�i"ii�r oUrerwJse agree ia�g.any such applicauon afir�su��rrce proceeds shattcic�c..�� • _
<br /> k1�;y�tr -•Y•..`.+,{�.�s :- extendorp�l�s?.37hedusdat8oftheNd{e�eranyinstallmentscalledfriatherein.orcharrqeiheamavr��tsachinsta!lments.lY�.±ae:� i• _.,� _. -
<br /> . �� ''�'�,��`�"�,:: . �` Tiusi Pro rty�is^ eired tr 8enenct pursuant to the exercise of the power af sflfe Rt other rorecio��e.all dgtt�tide and irr�e�st ol .
<br /> .,,.. ���� � �� �.. ,..
<br /> � � , ,r ;� -Tiusror in ar►d rrsi8ny ins�rance proceed payable as a iesun ot damage to the Tiust F��iperry prioi to the sale a acquisidon shatl pass . � _
<br /> . s
<br /> �,�`:�'�`�i � to Ben8ficla►�i;��hall be aDplJed first to the costs and expenses.inGudlrtg altomey fees.Ince+med in co!lecting sach pruceeds,then s ` •. ''.:•�,
<br /> �.f`��r �� �`��� . • in the manrr�a'f:'t�t�n the ober pmvfded heretn. . ` , , .
<br /> ��,,, ��. �..�. . -
<br /> '- t:i�i ;,;f�,F� • . �,-.. � . . . w-
<br /> :=itt:::� � <<t�t����., .. . 8. Prese�vaao..y mr�'�1a1►nenanca of Trust Properry.7�ustor wiJl keep the buifdings and odrer Impmverrrems now or hereafte�qrected on ,
<br /> r��f� '�',c,�st pr� In ood repalr artd condiGon and wJll not commn or permK waste will not�ter the deslgn or structuraJ charactet �• i
<br /> ` r�:;I�,;€�: - .�e'.,..�... �'� 9 �•.• . .
<br /> •'��Y,� �a���`� ,�r.�,y3Wng any building now or hereafter erected on arrd c�nsdtudng tha Tiust l�ioper��fD!rout ihe Prior w�itten conseni of t•_ • _
<br /> t�5:���:.,'�3?.'s:.. � . � !!
<br /> :�,�;�,:1,,.;. � .. � �si�lf,�r,wrll not do any act ai thing whlch wau/d undid_,�r�nparr or dep�eclate the�r�0i¢g`the tryst Properly and will not abandon r. �
<br /> .:; ,{}:��,_ :. `:..'4�=;':':It:+i�Tx�a�t�ropelty Tiustor will not remove�itjy�rtures cQ.�r'r•.rbng the Tiust PropeRy 6�GS��e sarete ua immediate�y mplaced►�ith �_= • �-
<br /> ��•",•;f. ` - .: ;;:_ .. , , . ,�
<br /> ,,;.,:.: ,. . ' �,�� - ' /,�,��perty s�,+b;ect to the lien and securft�ir�2�est of this Deed oi Tiust�nd o!at/e2tis!'4cFi�..ta�e:aPtaf�tiliy.Tnutor will compiy wifh �.., `,�,
<br /> a�� ��
<br /> �;� .::� . � `,r%;�,. . , � a1l present ana!�,�Wre ordinarrces,reg�tai�act���'�equ/rements of any�rr�rrmental bot�jr�vhict���Ucable to the Trust P�operty � • , ::f_;`�'�
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<br /> ;:., ,. , and to the xaupancy and use thereot.!f thrs�3aad of Trust!s on a unit irc a�ondominlcrm ar�platrr��cs�+ft developmem,Tiusta shall � -
<br /> ..:.,. � � pQrform all ol Tiustor's obllg�.'�;. under b`ie decla�ations or covenants cr�ating o�gov�•i�g the condarr�lnlum or the p/anned an(1
<br /> ,;��:`" devefopmen�the bylaws a:,d'.��»lations of the condomrn/om or planned unit devetopr�and the consGtuenl documents. E :.
<br /> .;J;;:. 5 .; � : � g. Jnspection.BeneNClary or fts a��^.ts may,at all�easonab/e times,enter upon the Tiust Pioperry lot the purpose ot lrtspecGon. ; : _ "�
<br /> Bene�ciary shall haVe no dury to make such,Jnspection and shatl no!belr��le to Trustor or to any person in possesslon fl ft makes or .
<br /> .,,.•.,_ � r _ . . • ` /ails to make any such Irtspection. ` '.
<br /> " ��•• � � - 10. Protecdon of Securiry.lt Tiustor fails fo peAam any ol the covenants and agreements contalned in thl9 Oead o/TiusL ar iI arry acQOn ,
<br /> ,;,.,
<br />• a proceeding�S cammenced vt�lch does a�may adveise�y�Nect the Tiust PropeRy oi the interest of Tiusfor or 8eneflClary tAe�eln or ;
<br /> � the tiNe of 7iusior thereto,the�r;�:r"eCrclary,at lts optlon.��-i�rfoim such convenanfs and agreemer►fs,make such appea►ances, ( -.
<br /> • ' defend agalns�and lnvestigats',��cfia�a�,oraceedrr.�.�;laks such other acfion as Benellclary deems necessary to prptect iis .
<br />'�;�':•�!:��. ' Interest lnc/uding,but not limited t�,�:5�+'�7SV'�itL�rllO!r��aC�e attomey lees and entry upon the Tru1?roperty to make repa/is.My _ r:
<br /> � ' � "��''� amounfs dlsbmsed by Beneficlary Dur.,sua�r`'ti r!�'ir�:r�^�,'��ry t 0.wtth ri�r,+?st thereon,shail consDtu�+:lY�a�btedness o!Tiustor ' '� ,,�r;":;�j°,
<br />,'�'(�.��j;`�}i � ;,=�y,! . . {
<br />` ``.'��;:;,� ;,��<,n;�,'. •.•'4`�i'�:'.` secured6yrhlsDeedolTiust.Unf�.ss�;�astM��T`,r:'$n11��j��1 c?A!/Sh'WIItS�y!�u��a�thedateo�a�avur�semen,at h�edetault�aie. 1 ; , . . '..t��ltrri;`
<br /> � ,fkr;�,� . `•.� �naDiCe l�om 8eneficlary ta 7rus�iFfisS.�S���cayme t t e...7. �" . ,
<br /> � `� iJ any,set forth ln the Note,an'cdr�:�,�sa at tlre hlghest�ate�em►itted by��v.!lp�r=u'��Sr;�ined in td/s parag�aph shall�equlre ,! . -.<�
<br /> � � 8eneliClary to inCVr any exp���.;,s take any action hereunde►. 7iustor tr�aoE���r�?z2��•4es and empowe�s Benefi�rarp ta ent�er,s�n � _;�r;; Y� , �
<br /> •'� ' fAe�rust Prope►ry as Tiusta's�1nt and,�n Tiustor's name oi othen�vt�:i�,:,:�`�.:�i`and aH covenants and ag�e .,�%cs��;�,�'� ' s::'-`yt,'��t
<br /> �s�� �• peAonned by Tiusto�as herein provlded.Benefic�ary shap,at i1s optian,,-;;�:�ss.i:u��ad to any encum bra n c e,l i e n,c�a i r n a x d�"��� `� �- ,
<br />" � ' and to all rlghts artd securitles lo�the payment thereof pald or dlschars��+�2E��:�E��ary under the provislons hereofand�,����s...;i.� ;
<br /> . ' '�,�*rogation rights shalJ tie additional aRd cumulaGve secur�ty tor th�s E7�'•Y�r�:�::;. ..�,.�..:•., �'� • • ! . �
<br /> n t 2.10��Lfi ., ��,:;:
<br /> " . E s'-t;c:+^demnaUon.Th9 p�aceeds of any award or clalm lp�dairroges,dHeCZ G�'eor.s,;�?!�a?.r�,.in connection with any p�r+��r?.: * ', ?a.;��:
<br /> , �,' u7l��takingohhelrus�Pioperry.oranypanthe�eal,o��crr,nr:veyance:��!�u.:"�sr"��'rr,�wic�pationolcondemnatra�T.�+:�irareby,.•`.,,:. .' r-;;; .
<br /> � ` , a,igned ta and.shall be pald to Beneh�asy Trusta wll!lile and prose6��::�►,?�rndi2`�:�i1t_and with dve diltgence,its is��im for�j;�:suut. , . ;,�-, ,
<br /> � ;.'�r'�-, � � . �.'awa�d or payirrer►�and w;U cause the�a'rr�r�ia be collected and pald�?�,'1�:+��'!r;��?,�++2.:Should it•,"a�l i4 do So,Tiusta lneda�. � �, , �
<br /> . � ,. . t�� ..
<br /> � r� • _ .� " . }��+,!".:..
<br /> suchatzesandevnpowe�s8aneficr�;i�?!h►�_r�ineof�iustorwotherr�!ae;�+►,�r���;j��p:c�esett�'�a•r:rlmp�omiseanysueh_¢i�r+r�d;; .:
<br /> . . `�'� rs�collect►eceiptlarandre-a��t�a�Q,n�73t�ri's:lltneTrustPropeay�sa��a��:+��#:sb���.�u�rr�r;;o�.�Ye►��oticebyBenerclarytaTir.� �� `;;,:t?-;;,, , • -'`��"'`
<br /> � tlrai the condemnor offers irs�maJ�'g`�n award a setUe a claim lor damage�.�+��1`.�1h�ltri�spond to Beneticlary wrtlrtn thlny(3Q ��5':;;,;!.;;�,�-;:i>; '' , ,
<br /> after the date such rto6ce is:,.�ilgr3:8eneficlary Is authorized fo colfect an�a�tp'�+t'�����ceeds►n the manner mdreateE!hereirt���•::''. ���'�,�r;.y,;,,;� ,.
<br /> �.
<br /> ,y p�oCeeds ot any awa�d oi clann'may,after deducting alf�easonabfe casZ�;�rt4 Ei:pa:�.a�Y.inctud�ng attomey feas,w»�ch may naut��;�,; ' , °1=,'' : �, ,I,
<br /> � been incarred by 8enefic�ary/n 1he correc6on fhe�eot,at the sote drscm,il,in��Sf 8erteflcrary,be ret�ased to Tiusto�ap�!iea�ro ' . '� � �?�':�;•`
<br /> restaration of 7rust Pioperty.or app�ietl ro rne payment nf the lndente 9s�,�Jnless Benehclary and rrusfor otherw�se�q�ee iri�ti°iiliity. . '.-'� '•'� '•�:�•''
<br /> '�.... c : � '';,%s:r?;'�.
<br /> any such appiiCation ot pr8ceeds fo frtBebteOness sha/f i�o�extert�orpr55Cpone the due date of the Note or the p8yment olany`'��• , ���" •�%� . ,y,:.
<br /> � ,�, .�. „
<br /> Insta!lments calfe�forthereunder. �' ��,:rr:"•_'`,..��;�7","�:
<br /> � ,/;�,,�,l.;;�,,;,:
<br /> � • 1� TrusM►Nof Aefeased.Extension ot th��ma farpayment armod�ficaUOn o1 a,rty amortizahon ol the tndebtedness graniad by Benellclary , . R"-' •`.�.;;;����,.°;,'��;,f�.�.��,;
<br /> s,,�:,::�:.
<br /> ro any successor Inlnterest of Trustor sha�t nor aperate to�e�ease.+rr any rrranner,the fiabd�ty at TrusfOr ar►d Tmstoi s suCCessO�s!n ; � : ; ;�;i,;;:.
<br /> . � ' • ' 1nte�est BeneficJary sRaU not ha reqlured tn commenc�proceedings against suc»suCCessar or refuse to extend tlme tar payment or . � . , f•;;�s:..,,
<br /> -� -- - •- , - othenvlse modrfy amomzritio»ot ri�e Inde6te6ness by reasan oi sny demanB m�de tiy trustor and trustor's suCC9sso�s �
<br /> . �
<br />' • • - !n InteresL �
<br /> � �3. FHtartclai lnformaAOn.UpntrraQuesi al BerreNciary.Tiusror wi�1 p�ov;de ta Beneficiary.wftAi»nmefy{9'01 days ot fhe ctose ot each l�scal
<br /> � ' year ol Trusto�the corrSOliQaded ba/ance sheef and statement ot eamrrtgs of truStor and a�ry and alt guarantn�s of the►ndebtedness
<br /> •- secured hereby.il any,and wili pro�ide artd deliver to Benefictary snch atf►e�Iin3nc/a1�nfo�mafion and Jn such manner as Beneltctary
<br /> � may reasonabty�equest/iom 6me to tlnre
<br /> ...
<br /> f1. Flnarrclal CovenaMS.In additian to any other financlal covenants ot trasto►made m an y other agreement.,nst�uraen!a�dacument. • .
<br /> -=-._.- -_��.�.-- ���flcorrrprjtsrithandsh3!lcettseatiyanda�ir�uarantasofttretrr�le�fednesssecutedt�re0ytacomprywah.erbern
<br /> , Co�npfiance with,th9 tollowing Cnancial covenanls:(This pa�ag�aph shall na!appP/if covertants and requi�e►nenfs�l��n6i s�t � - "-- -� � �� "'-
<br /> • ibrMt�rein.J
<br /> � 15 5chedule at teases.Withm cen/10)daya atter derrrand.Tiustor sha►t F,rmisn ta 8enehcrary a scneduta cerone�tb by�rustor,set�ng .
<br /> ' foM a�lleases�t the Tiust Properry,orarri portion the�eot.�rtctutlrng�rr eact,case,tne aame ot rt�tanants oe occupanrs.a descnp�an
<br /> � ' [�j the spaCe otcupretl Ay St1Cl►tBna11E 0�oCtuQanf.the�eM�!p�yeAfe fbl sttCh BpdCe.and such otlied rnfarm�trdn anc6 doCUmerrt9 witR �
<br /> ' respectta sutA f�ases an�ranana�es as�eneticiary may�easonabry request �:
<br /> - i
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