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<br /> �__,� _ _ ,' � pMr,yd q m�al��yKrKt dN T/IMt
<br /> kM1�I�fIC�PfW1dIM1d.OfdXldfblfN.�Ild�NOfbN CNMQN M�N�O/�MwY�dYf�'Of101ap�tt�d�
<br /> p,o,�.�ry.rnraor�u�are►.w•••.w�+�w++�++�v++��ie«�•�w,b�rdwv.►b e�.�a.rrrnc.r�.b►u»arn�ra ar
<br /> auch d►�►Qa.Tivaor�wJN apr�b psy rU[ains�a�a�sn�nb�nd wMr ohMpNr N►*!d++Pa►a►�ard�Pfao�d ar�
<br /> rpaYnt,a r►�und by,pNi DMd M TruM a ofN ncad�tlrx�f►�ol.
<br /> 6. �ppA►C�Iron o1 P�yr»M►t�.IV;piyli�unbl�IOMwd bY 9MiMofry q M�ny fi�b�.��bdWY a, owrd f0 Bm�olaY 4Y riw�ID►
<br /> iu
<br /> ��a�ppwd��� b tM A+N��01 ri�N�bMWrKa a�o arry woh otlnr d�Dl, a ab�Mp+�tlon,fn anp ad�r a
<br /> ,!n Ib�bro�tA�dlacnelon,dNeiN lMlwa oN�rwdW�MoM�d by B�frY�arry
<br /> � lIIQ+A p�rliMflf thM 61�d/�RNd�A/sf b(h�plyrflMtt d ally d/bt��I�Ia�obMQ�0/10tlINM�II tll�Abfr.
<br /> �+ a. CfwO�:Ll�va.Ttu�br w1M kwP fNr Tiurf Arqp�►ty ln�honlliN Wm and�ncumbvsrtcN wlMcb M�nY M�Y i►►+Y.b tl� d
<br /> _ - B�fkdary.h�w pdoriy vwr.a knp�tr�MaunW ol,fhb Gwd ol Tiuq buf Tn�rta►nMd not dG�cMrQe�ny iewh Iyn�r
<br /> -_ TnalorU�M aQrw,in wriYJnp.to pay CN obAlpWa��a��tl N�i n A w�d�I W r��d r►y�I n a�
<br /> �� cor�st auch Abn bY aPpropleti►pM P ro c�d M�W =—
<br /> �'' pnt o/fhs Trwf Propnty.
<br /> 7. H�rud Mwnna�.Tiustor sh�H k�ep fhA bedldinW�nd oqNr knprowrn�r►ta naw��a henaltAr�rqaMd on d�e Tnxt Pno�ry
<br /> kurw�d by Nuunna�aue�e aatt�a�ary 1��►�alarY+OW��ba bY R r o.h A r i Mi M►o l u d e d!rt.t h A t R m l�"a x t N►d r d c o w r�"�n d
<br /> -� tuoh adnir hArude.aasualt�and oontkp�ar may be n�N�ind bY Ben�A��►Y,In Fuoh unA�unf�and Ao�woN�rroW a�m�y b�
<br /> - _=-.--y.:—= � c�ina4Aed a m�odtde�d withaut�(tt�l d+Ya��uen nofias t«�e�wJkl�r�4 and shtrydi av�iiaos p p�ta�iona N+lew�rot�nc� �-
<br /> - - ��;�� b Ibrm scceptAbM b BeneNolary.AN p+�m►una on lruwanos paYCMa ahW bs prlt!!n ths meraMr provld�d und�r pa►aDr�Ph�M+rol
<br /> _ --- a.l!notpdd!n Auch menner.by Truarormaldrp p�ymsnt at bau�rNeer►(14),dey�pHa ro fhs dw dah,W►�ctly b d�krsu►wrw�
<br /> canier.�eneflclary ahsll heva fhe r/yAt ro hold tha poNclss u►d nnnwaJa dten�o/ufd Tivata ahdl prompty Iw►�f+h ro 8�
<br /> �� � rorMwsl noMces and W pald promJum ncNpte nc�fvod by�A„In no wem rhall BMSNcJ�Y a TrwtM bs IN/d naponsibN Aar b
<br /> !�;;'� !y p�r�ursnae plemlums or Isor ar�loas a darr►a�arl�lnp�out:al�a deteot Jn�nYP�Y a ai►ekp out ol nnY/apun al ar►y lmru�
<br /> - : ,,�� . �l��AaY Ifor any bas or damape lnaurod pdnst or Aor I�Tlure by Tivator b eArect fhs lnauranc�rsqulred/Hnundsr.ln 1fN�nt
<br /> � '•'_' �" ' '.�' � oibes�Tiusfor ah611 QlN9 MDml�t�ae bp mell M qwlnsunnae cante►end 86n�11clary.BsMflcl�►Y muY n�alt�W00/d bs�/lnof
<br /> ' � � "� i� made PramPdy'or ifn A��by fruelnr..Nl pnl�a/at of lnwrencs and a�end aM n/undt o�una�emed p�rMumr an hrrwby
<br /> ,�� .'•M?�":`,�.�';�', O� assigned M BenMl�►r aa addNlonef seouiftp 1Fir fhe pay,ment ol tl»lndebtadnars./n ths aw�nt of BenH�alary e�rerd»of tl�powrr
<br /> , �` �":-: ``:�,;.-�:,�:.;;,�, o/sale cantNned h�n,a rn-are Qvenr a rorooroaun,all dyM.tlll�andlntnrest o/Tivafqr in And fo arrylnwnncl poNcy Eh�n b!b�
<br /> . . ,,..,• .•„ opyp►
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<br /> �;. "..:t�1,,�'., .;,. ,.:�. ahep psas b ths purohaser et fHa puatea e sal�a Ifondos+ire�ale.!n cess Pf e�p ioa�.fha Inrunsnco Procsodt maY��t tlw d
<br /> • �,�:. Y� ,,.+' B B I 1 B I k lery.b s a p p Y e d b y B e a a l i c i a r y a p o n t h e I n d e b t e dness,a an y�p a r t tMxqo%and!n strph ads►and�ntouM�B�R�IrY�+Y
<br /> . •,� .' � .. deterrnlne;a sald lnsmance pmceeds�d the opdon oi Beneftolary,n�►ay N1her ba used in�ploclnp a r+rmtcrin0 ths Tivat Prop�ry
<br />. '; �`;:> , , . .�i _ P�i�Y a�W d��Y�b a condltlon satle/ectay to BensHofaiy,•a ssld Inawance proceeda,a a+Y Po+tion a��m�Y a
<br /> •�` .: rsleesed to Trudar.Unless 8ena17cia►y and Tiustar oiberw/ae a8ree!n wHdnp.any auch applketkn o/lnswar�ca P+oc�sda s/wN nof
<br /> :���,�. � �xte�nd a poaq�ona the due daM ol lhe Afota,a arry lnstdlmnnt8 cdied!a tl�er�►.or Chenye fho arnount ol auoh InahUme�nt�.N dM
<br /> . ,. Thrst Prppe�ty!s acQulr�d by Ber�elklary pu►aua�rt to the exBralse o/the power ol safe a dlw►AorsCbsu�s.all N�h4 dtle a�Id lntMrsl ol
<br /> Titrst�r ln and ro any tnsurar�ce p►+xeeda peyaWe as a resuk ol demaQe b the Titist Prapsrty pr/o►to dn ada a acqds(Kcir►8NY pa�a
<br /> ` , `..,-: Iv Benellda�Y and shall be ap��lled Brst to the co�le artd expensas,Induding aftonwY Nes.Jnawtrd M coll�otlrp iuch proC�,tlMn
<br /> %�'': � In the menner and in the order proWded hereln.
<br /> ' . . . 8 Pnesen�atlon and�Mainornar�e o/Tiust Pmpertp.TrusAor wUl keep fhe bWkdnAa uid otheNmprovernents now or hereaRer e re c t a d on
<br /> ' fhe Tiu.yt Pro�e�ip in sood rtAalr end condJtlon end wl11 not canmlt a permM wwt+a,wl11 not elter 1he design a sbuctw�l aNeraoMr
<br /> coRS�tudng any bulld/np now or heroa/fer erected an and conadtudnp me Tnrst l3�eny witi�out ttw p►io►wnft�r+a�ri ai
<br /> .°.1,;:��•.,� 8enefklary.wlll not do any act a MUng wh/ch waufd undutylmpelr a dep�roclate the value of fhe Tiust Piope►ry and wW nat ab�ndon
<br /> . �. .. Ehe Trust ProperQ�Trusto►wlll not�emove any I/xlures cona6tutlnp 1he Tnrst PiopeRy unless Phe same are immedlatety replACed wftlr --_-°�
<br /> ' � � fike propeRy subjeCt to the Jlen end seCUdlylrne►eat o/thls aeed ol Tiust end o!e[least equal value and utlllty.Tiustar W/p Comply wUh
<br /> '.. dl pneaerrt and Iuture adlnertces,mpulatlons and reqWrements ol any govommentel body wl�lch ere app►lceble to the T��
<br />� � •' � ' and to the occupanoy end use fhereof.1!thla Daed ol Tiust!s on a unit!n e cona�ornfnlum a a planned uNt deve/opnent,
<br /> � �ti'!"`.r�;��.° ' perlam aq ol Tiustor's obllgatlons under fhe decleratlons a covenents creadng or govemMp fhe condanlnium or the planned uNt �
<br /> ¢` '����;;•`'�.'? developn►ent 1he bylaws and regulaBons ol the cwrdomJnlum a planned unit deveMpment,and the constltuent documenis. ---°
<br /> .�t�lr'...:'
<br /> ���• . • a. Inspectlan.Beneflclary alts agents may,at aB reasonable Bmes,enter upon the Tiust Pioperry Ia the purpose oflnapecUor�. -
<br /> :u, BeneNclery shall have no dury ro meke auch lnrpectlon and shell not be Ilebfe ro Tiusta a to any pereon!n passeoalon N Jt rnakas a ���.:
<br /> '� lella M meke any such lnspectlon.
<br /> ±'" � ''� f0. Protectlon ol Secudry.ff Tivator lells to perlorm any o►the covenants end agreements contelned In th/s Deed ol 7iust,o►H eny aatlon
<br /> •• or proceeding!s commenced whkh does a may adversety aNect the Tiust Propeny or tho inferest of Trusror a Beneflc�ary thereln a �.�_
<br /> �! , the Bde o/Tiustor fheieto,fhen BeneNc/ery.at lts opdon,may pedorm auch convenant�end agreemenfs,meke sucA appee►ances, m,,
<br /> � . • de/end egalnst end lnvestlpate such actlon or proceeding end feke such other ecdon as 8enellclary deems necessary to p►otect lts f
<br /> Interest including,but not limlted to,d/s6ursement ol reasonabfe attomey Iees and entry upon fhe Trust Property to rneke iepalrs.My ��_��,
<br /> � • amoun►s dlsbursed by Bene/lciary puisuent ro thls paragreph f0,wlth lnterest thereon,shall consUtute Indebtedness ol tiusta E:+�,
<br /> � � ' secured by thls Doed o/Tiust Unless Tiustor end Benellclarp agree to other temes ol payment,such amounts shall be payable upon ��``
<br /> � � notice lrom Beneliclary to Tiustor requesUng payment thereol,and ahal!bear/nferest liom the defe ol dlabursement at fhe delauft rete, .
<br /> � � � (1 any,set fafh!n/he No►e,o►otherwlse et the highest rate pormitted by law.Nofb/ng confalned!n fhls paragreph shall requlie
<br /> �� BeneNcfary to lncur any expense or take any actlon hereunde�.Trustor brevxably aufhalzes end empowers BeneNciary ro enter upon
<br /> Me Tiust Properry es Tiustcr's agent end,In Trustor's neme or otherwlse to pedorm eny end ell covenants and egreements to be
<br /> s per/amed by Tiustor as hereln provlded.Beneflclary shall,at Jts opdon,be subrogeted ro any encumb�ance,llen,clalm or demand
<br />� , . • end to all dghts and securJlles for the payment thereol pald or dlscharged 6y Benehclary under the provJsione hereo/and eny such �
<br /> • •• auWoqetlon dghts shall be eddldonal and cumulaUve secudty for thls Osed o/Trust. �'
<br /> ` , • 11. Condemnadon.fie proceeds of eny award o►clalm for damages,direct or consequentiaf,in connectlon wlth eny condemnaHon or
<br /> ' � ofher taldng ol the Trust Prope�ly,or any part thereol,or for conveyance!n llea ol or 1n anticipatlon o/condemnadort,a�e hereby � �
<br /> i ; . _ : " � asslgned to and shall be pald ro BeneNclary.Trustor wlll Nle and pmsecute,in good/alth end wlth due dJllgence,!ts cfaim foi eny such �
<br /> f award a peyment,and wl11 cause the same to be cdlected and paJd to Ber+eflclary,and,should!t le/l fo do so, Trustor Irrevocab/y ;
<br /> � ' � ..
<br /> autha�zea end empowers BenefJclary.!n the name o�Tiustor or othen�vlse,to/lle,prosecute,setde or comprom/se any such claim and
<br /> �:'� ;::'� � , to Collect,recelpt for and retein the proceeds.!!the Trust Property Is abandoned by Tiustor,or,eRer notice by Bene!!clary to Trusta �
<br /> • '� .,�'�,•: fhat the condemnor oHers to meke an award or settle a clalm for damages,Tiustor leJls to respond to BeneBclary wlthin thlrty(30)days
<br /> � + � , eRe►the date such noBce(s malled,BeneNclary!s authorized fo collect and appy fhe proceeds/n fhe manner lndlcated hereln.The
<br /> proceeds ol any award or cfelm may,efler deducdng all reasonabfe costs and expenses,including ettomey fees,whJah may have
<br /> � been lncuned by Benellclery!n fhe colfectlar thereof,at the sofe dlscretron of Beneliciary,be released fo Tiustor,applied to
<br /> �. ;��. , 1 � ►estorallor+of Trust Pioperty,o►eppded to the payment oI the Indebtedness.Unless Benelfcfery and Trustor otherw/se ag�ee In wrfUng,
<br /> . ' any euch eppffcatlon o/proceeds to lndebtedness shell not extend or postpone the due dete of the Note or the payment of eny !
<br /> ; • � '. lnstalNnents called for thereunder.
<br /> � ' �� ' 12. Trustor Not Released.Extenslon o/Ihe dme for peyment or modillcation oI any e�rwrtizallon ot the Indebtedness granted by Benef/ciary ,
<br /> ' to eny sucCessa In lntereat o/Tiustor shafl not operate to release,!n any manner,the liablliry of Tiustor end Trustoi s sucCessas Jn
<br /> �4� rL.w�M w�Mwa Ii�wn�ni �iw10IN N
<br /> _"_'. �1 " ' - '��ve�" � .__'•_ '__'—____ __�����'��� ���:���.. ..���.����w� .
<br /> 1,"` ����p�p��.lJ�R@►eCi9ry Sirsn`nvl oti�tiyu��av tv�v►►mntrn:v/.nwuouri�yo ayanw� �7YY11 JYVYOpVV1 V/ •p�VNV�v Vnw��r vr��v�v.rM�.�.�...�.
<br /> � othenWse modlfy amortlsadon ol the/ndebtednesa by reason of eny demand made by T►ustor and Trustor's successors
<br /> , � • �-_ 'T-- !nlnrerest.
<br /> • � f3. flnanclel Infama0fon.Upon request of Beneficlary,Tiusbr wlll provide to Benefldary,withln nlney(90)days ol the cfose o�each fiscal
<br /> � year ol Tiustor,the conadidated belence sheet and stetement o/eamings o�Tiusror and eny and all guaranM►s ol the Indebtedness
<br /> . • secured here6y,!I any,end will proWde and del(ver ro BeneHciary such other Bnancfel lnfonnaUon and(n such menner as BeneNciary
<br /> ' . • .. may►easonabry reouest Irom tlme ro dme.
<br /> ! ; + �• 1�. Flnanclal Covenanfs.In addltlon to any other lir►anclal covenents of Trustor meda!n any other egreement,Insdument or dxument.
<br /> � Tiusto►shell comply wlth and ahall ceuse any and all gua�antors of the Indebtednes3 secured hereby to comply wiM,or be in
<br /> • canpllexe w!tl►,Me ldlowlnp Nnancfal covenants:(Thls perayreph shal!not apply(I covvnants and requfrements are not set
<br /> � l . ' Mrth hereln.) �
<br /> 15. Schedule of Leases.W(thfn ten(10)days elter demand, Trusror shall fum/sh to BeneNclary a schedule,ce�HNed b by Trustar,setting
<br />• ` h /orHi a!I leases o/►he Trust Properry,w eny porilon therQOl,lnclud/nq!n each cese,Me name ol the tenants or xcupanfs,a desc�iptlon
<br /> , o/the space occupled by such tenant a xcupanf,fhe rental payable for such space,and such other Inlormatfon and documents with �
<br /> .
<br /> rospoct fo such leases end tenanCles as Benel/clary m&y reasunably iequest.
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