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<br /> _ �� ��Y,b�+WP�bY���YW�+tl»Ind�bfadners,a+u�Y Pp►Eh�rw�.and M iuch ad�r�nd amoe�nt ao BNMdciary r►�a�r
<br /> d�rtnlr»:a aaldlnwano�procNdr,N tA� d BerwlPc�ry.nu�Y ekh�r 6�wt�d Mr n,placiny a nqodr�uh�Tiust f�y
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<br /> �Kt�nd a poa�om tM du�dah d oh�Nd�.a anylnahWnenf�ca�d lar NNnk►�a cAanye tlN amount W du�cN f�►Mnb.N ffM
<br /> -� �''� � ' Tiwt ProPnh b ac4+�d eY a���u+r�m a�.exe+ars a n►.pow.►a sNs a ansr iarocrosun�M�dtl�and�YrMnrt o/
<br /> � . ` � '•�'r'•-;: � ° nuao►�n and ro.ny r��u►a�o� pay�bM as a roauN d damay�to tlw Tivat Properry prlor t�d�iaN a�cqui��ton N►M,91w
<br /> .�t,�v..�'.."?f.:�'' �CNrp+Mb►►uY rs�s,Incwrad in coMroW+p auch Pr�w�N.d�N�
<br /> . � b B�nNicJarY and�Y be app lirst M Ih�cotEt�nd�xp�ns�s.
<br /> - . '"''t�''�": M fM mar�r and M fhe ad9i p►0►dd�d haMn.
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<br /> _--A__:a�r_�,�ti�,k e. P�arv�tlon rid Mafnqnsnoa o/Trust Piop�riy.Tiuseor w!N k«p tl�bufldk►�d anal od�er Impm►�err+enb now w MraaRw�noNd on
<br /> --.+���4 }:�v; - CN Tnwt�oprty N►�ood repafr ond ca�d'ilion and w�7i nd aann�nt or pair�w�.wi�rx�i aNB�ths dsst�s ar s�t�ltas!ehm�r
<br /> �,.c1�,...�?,�.` , ;,., oons�tlrp anY bu11d1n0 rww a hsnalhr asct�d on�nd aonadhmrp fbs Tivat Propwry wllliout the p►ror w�n cort9etlt 01
<br />• � �,:�ti����.. ,.•��.�:;i' .wIN not do any act a thing wNcA would unduly lmpalr a depredare the valua o/Qhs Tiust Pnope+y and wdl not ab+r+don
<br /> .��. :t.�•.. ,..�;,y. fhe Tnist .TiusMr wiW not nr►wvs any Bxturos con�dfuGlnp fhe Tiust/�iope►ry uNsse Gha 8ame an/nwn�dl�tely isA1aa+d wi�h
<br /> . °:1�,:' �, •,: >,,. I I k�P ro P a N e��b�I s c t t o f h e Y s n a n d r�c u r t t y I n t e r e s t of rMs Daed ol Tiust and d et least s qud vNue and utlllry. livalor wJA oanpy wAh
<br /> •,,�.�``� ..�:;�;:' �Np�atN+t and hduro adJrwrces.►e9ulaUo�ns a►rd requlrementr o!eny govennn�ents!bodY wl�Ch a�e ePl�CaWe to fhs Tivaf Propany
<br /> ;. , , , . , ...��; an d t o f h e o a a u p e n c y a n d u s e f h e r e o%H t h l a D e e d o f T i u s t I s o n e u n i t I n e c a r d o►n l n l u m a a/N a n n e d u n i t O e v e b p m er�.7ivrbr�h�N
<br />":'... '' � , �; per/pm eY of Tiustor s odigado�ns under 1he decleredona or oovenants cieatlng a goveminp tha condomlMun�a Ihe plenrNal w►N
<br /> �= , ..;.'g�ti,,4��,�',� �•�"; devebp+nent,fhe Dy/ews and reguledo+rs o/the condomlMum a planned unit deve/opme��t,and the corutlh�ent docunNnts.
<br /> � , ' '",;`�;":..�,.�' • `, •;:; A !ns Uon.BeneflCla aifea enfsme a Por+ ProPe►N
<br /> :. ..,,., .,,,_,,,�;�..;.:.::;,•i,,• A� N D Y• f eU ieaaonable Wnes,ente►u the Tiust (w dre puipose W insp�ctlon. _
<br /> :�=;..�;: :: •:.!!+`, BaneNclary al►a0 have na dury to meke suah lnspeodon and ahW not be IlaWa to Tivatoi a ro any p9►san!n poswsaon Hit mdca a
<br /> .'� •��.��'�`,:.,` , /e11s ro r»eke any such inspecdan. ---
<br /> i� • .;��,:;', �. 10. Proteodon o/Secudty.l!Tiusta IaOs to peAam any o/the covenants and ayreemems contvned in thls Deed ol Tius�a I/�ny actla� __—-
<br /> • � .:.•�u:;,:.;, ... __-
<br /> � �� ••_.�„:;°�;;,w�,.> • or proceed►np!s aommenced whlch does a may advarsety eHect the�rust P�operry a the lMerest o/Tiusta o�BsrwNdary tl�rNn a ---
<br /> ! '� �,';:,>'. ' , - the NGe of Tiusla theiero.Men�enehdery,at its opNon�may pe�tam such comenmdy arn!syreements,malre sueh appoaranc�, �:
<br /> ,f � ��`*�f k� ' � delend ayalnst end lnvesdgete such ectlon a proceedlnq and faka such other aotlon as BenelJclary deems necassary to protectlla
<br /> � ���:' •��;,>: lnterest Incfuding,but not Ilmlted%dlabu►semenf ol reasonable atromey lees end enby upon Ihe Tiust Piopery b mofre repalr+e.My `�
<br /> ��'':�"�, �:i anwunfs dlebursed by BenaBclary puisusnt to thls paragraph 10,wJth lnferest Mereon,$►►�r�san�►e�n�enree►�a rNSro► �'-
<br /> ' Y �'� securad by thls Deed ol Trust Unless Tivaror and BeneNclary agree ro other terms o/payment such amounts shell be payable upon �
<br /> � nodCe/rom BeneBclery to Truata iequesdn p payment fhereol,and shall bear/nterest Irom fhe date o/dlebu►semeM at Ihe dshWt�M, u
<br /> ;'' ll eny,set fafh In the Note,or othenvlse at the hlghest iate pennitted by lew.Nofhing contalned!n thls pera8reph shall requfre
<br /> � �" � eeneRc� to lncw an ex ense a take an actlon he�aunder.Tiusta/nevocab authalzes and em wers Beneflcl b e�u
<br /> �_';--
<br /> • �Y Y P Y N Po �Y P� E:,,.
<br /> � the Tiust Properry as Tivstor's agent and,In Trustor's neme or ooherwlse to perfam any and all covenanls end ayreements to be �:r�
<br /> . k pe►Iwmed by Trusfor as hereln proWded.Benellciery ahell,at!la optlon.be aubrogated fo any encumbrance,/len,c/dm or demend [
<br /> end ro sll dghfs and securlUes lor tl►e payment thereol pa/d o►dlscharged by BeneNclary unde�the provlslons hereo/and any such L z'
<br /> �= '' ` '.. aubrogaUar�lghts shall be addlNonel and cumulaNva sQCU�lty for Ehle Deed ol Trust. ._
<br /> r t t. Conden+naUon.The proceeds ol any ewa►d w clalm la demeges,dlrect or consequenNal,!n connectlon wlth any condemnadon a ,.
<br /> ofher feking of fhe Tiust Property,or eny part thereol,a lor conveyence!n Ileu ol orin andclpadon ol condemnetlon,are hereby
<br /> j �;, aeslpned to end she/l be pald to BeneNclary.7rusbr wlll Ble end prosecute,In good lelth and wRh due dlllgence,its clalm lor any such
<br /> f � ' � . awerd or paymenf,and wlll cause the same ro be cdlected and psld to BeneNclary,and,should!t fefl to do so,Tiustalnevxably
<br /> , • �,,,: ;• auNaAzes and empowers Beneliclary,In fhe neme of Trustor or otherwise,to Nle,prosecute,settle or compromfse eny such clelm and
<br /> , �. ,° tc+collecf,recefpt lor and►etaln the proceeds.If the Trust Property!s abandoned by Trustor,or,aRer notice by Benellc(ary fo Tiustor
<br /> fh�rt ihe condemnor oNers tc make an award or setNe e claim lor dameges,Trusta fai�s t�►espond ro BeneNclary within thlny(30)deys ,
<br /> � ' � �� aRe�fhe date such rtotice!s mailed,BeneNclary!s authorizad ta collect and epply d�o,��xeeds In the menner Indlcated hereln.The
<br /> � � �������' ' prxeed�o►any awa�d a claim may, alfer deducUng a0 reasonable costs and ex�+ensas,Including attaney fees,whlch may heve
<br /> ,i.:': � ���� ., ';�,<<;�;r; beenlncunec�by Benefic/ary In the cdlecUon the►eo/,af the sote dJSCrat;on ol Beneflciary,be reEeased to Tiusror,applled ta
<br /> ���i,;;:, • r �, ,�!;�';;+;�'��;;' �•��.1 retto►adan of Tiust P�opeify,or applled to the peyment of the lndebtedress. Unless Benaflclary mnd T�usror othenvlse egiee In wdting,
<br /> `�"••� ��'i.;�'`�`��'�� �� any auch applicedon o!p�oceads to Indobfedness shall not sxtend a pasiDone tAe due dafe o!iha Naie or the payment o!any � .
<br /> � � �' �f,.���`•�;�i.�-;`•%• lnstallrnents caNed for theieunue�. •
<br /> � ' ` ''�'��" 72. Trusfor Not Releesed.Ex:ensinn ol the tlme lor payment or modAfcadon ol any amorfizalion of the Jndebtedness g►anied b,v Beneliclary �
<br /> �`�' .�1 __1�i'% .r..i.d.. .�..I 7..,..�.l.sll....�....e.a�e�.dnn !n o w.�n.w 1ha liihilllv n!Tiuelns aroI 7nieNV'.c RiMI�ACCBIC lIf
<br /> __,' ���..�..��...... .
<br />- �-- ��"T...�:1.{ wWry vwo�.vwv�n.unviuv��.r r.vv.v. .w.......v.vp.......,w...w...°.rr....°..�'.�............�...�.........y... ........... ._._ .._"_' _".."_"' ' �
<br /> �' �� ' ,' ' ��` ' lnte�est.BeneNclary shal!not he requ/red ro commence proceedings agelnst such successa ar reluse ro extend dme lor paymenr o�
<br /> othe►wise modify e►►rorNzaHOn o/the Indebtedness by►eason ol eny demand made by Truato►and T►usta's auccessas .
<br /> • ' ;,. !n lnterest ;.
<br /> � � `' �' 13. Flnanclel In/amaUor►.Upon request o/Beneficlary, Trusror wltl provlde fo Qeneliclary,within ninery(90)days of the close ol each fiscel `
<br /> � ''� year ol TiusMr,the consolidated belence sheet and stetement o/earnings ol Trustor and any and all gua►anrors ol the Indebtedness {� �
<br /> I �: :,;r�,:
<br /> ; f��� secured hereby,ll eny,end wlll provlde and dellver to Benellclery such other!lnancJel Informetion and!n such menner as BeneHc►ary t�:.•
<br /> 1 . may reasonabty►equest hom Nme to tlme. ;� ,
<br /> � • •�����, 1�. flnenc►el Covenants.!n edditlon to any ofher llnanclel covenants ol Trusta made!n any ofher agreemenf,lnsnument or doCwnent, '
<br /> . L.. !� : . . �,..
<br /> `�,� . . Trusta shep compfy wlth entl shalf cause any and afl guarantas ol the lndebtedness secu►ed hereby b compfy wlfh,a be In '
<br /> canpd�nce wHh,the 1o1/owiny Nnanclal covenents:(Thls,paiayraph shell not eppty(1 covenants end requlremenfs are not set �
<br /> •� , � . lorth hereln.) � �
<br /> � � . 16. SchedWe ol Leases.With/n ten(f0)deys after demand,Tasfor shall lumish ro BeneNclary e schedule,ceAlNed M by Trustor,sofUng �
<br /> forfh all leases o/the Tiust Properry,w uny portlon thereof,(ncfuding in each case,the name ol�he tenenfs a occupants,e descriptlon :�
<br /> � ot fhe space occupled by such tenant or xcupant,the rental payable/or such spece,and such ofher lnlormetion ena dxuments w(th
<br /> respect to such feases and tenancles as Beneliclary may reasonably request. �.
<br /> � i � ��-
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