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Peyl„Ad•-�'iZppd..SaL�nd- NR Rpp�l <br /> fl ESTOANX Ngg Ap A� NATIONAL�pBOCiATilIN /hB�OInBhoIC011odthe"TNStee"1.whaS001N1in98dtlI859f7 � � � � rl�.�=%- <br /> " � nx l76 R 7 �8$p� entl EBTD K Nao ARKA NAm70NA1• AaP�RTA�'fON_,�nBre�narter --� - <br /> ; �. �a�x ��a�. ara � �� . r <br /> .� -�. celledl�o"BeneAGary'%,whosomNlingedd�euls_ � °+ '/ �Tr`" t: �=�� <br /> ' ;` WI7NE35ETH: �� � <br /> n �u!rF - <br /> f � - - IF iHl3 OOX IS CHECKED� 17H1.S OEED OF 1RUST CON911TU1ES A CONS►RUCTION !' sx.`i',x - <br /> � ��'�-'i SECURI7YAOREEMENIUNOER7HENf8RA5KACONSTRUCTlONI.IENACTANDCRF.ATES, < <�+�°"-�p'-- <br /> - - ��-�'��`�, ORANTSANDCONSIITUTE3ACONSIAUCTIONSfCUR17YINifREST/NTHEPROPERIY ' v - <br /> ��� ��- ;i� DESCltIBEDNEliE1NDE40W. j �j� ���� <br /> � �� ��t���} WHERE 8�Tmslmklndo6todlo0onoficfnryln�hoptlncfpnlsumol � ��1R.URRD AFVFNTIC PIVP TIIOfIAAND AMl NO/Ifln=_ z` ' <br /> .-. e.'., q z --_ <br /> . �. - : pullys(f.�7.�.99-�+AQ-).whlchlndoblodnosslsoNdoncadbyTmsfoispromissorynofotlarodAu¢��� �n f8_93_,(hmelnaRe� ..��_:.s,--=- ---- <br /> � celled 1ho"NOIO"),pnyebfo fo tho orde�o!OanoffGary nnd hovinB e motudty o199ItSe�ber 1, 191A � �. •� �_�_,_,_ - <br /> ��5 � <br /> NOW,TIIERGFORE,!or Iho N��rposo ol socudng: ;�, � -� - <br /> '� '•� - (a)paymonl ol tho Noto,logolhoi withlnforosf fhoroon,lero cha�Bes,propoymont ponnlllos,uny luturo udvnnr.os,ond a11 oxronsions. ���__�,,,,: <br /> - modiACeflons,su0.slflullons entl ienewels thei00% L4 Tfhz;.._ <br /> � - � •�4ei'S� <br /> (b) paymont of eil oNer sums,/oes ar charpes,lopufho�wilh 7nlarosl tho�oon,edvencod(o protocf(he socuriry o!(his Dootl o/Trust an� <br />_S; �?"� � the pedamance of 1he covenants end egraemonla ol huslor,whothor or not set lalh homin, �}'�v,.,(� <br /> -. � f'n°_rt.�4M: <br /> (c) peAOimanco,Oischa�8e ol end canpliance with overy torm,covnnent,obnqanon end agroomunf of Tmstor conmined horefn o� 6� '., <br /> -,�� -�.�,�•� . lncoipaeted by relerenco a eny oNei securiry fnsGUmonf el enyTlmo Bj�Qn fo socuro tho Nofo,end -:�.,;__,.,. <br /> �. -. .> (d) fhe repaymenf ol ell o�her sums or/uNro etivancos,with lntorosf thoioon,which may hnrololora havo 6een o�NeiaaBer bo ativenced �j,�1A;�;;��._ <br /> � byBonofideryroTmsroroiTrustor'ssuceossorfnlnlorosta6UO, }.�iy 1 . <br /> �'. y. <br /> � ' ell ol which k herelnaflor Collectively cellad(he"Indobtodnosa",Tmsfoi InuvxaWy B�ents entl(mnslois fo Trustao,N tiust,WITN POWEA „��S,_ �';, <br /> � -_{ OF SALE,fho 1o11owing doscA6od p�opo�y: ;�`I� -_. <br /> C <br /> See Atteched Exhlbit 'A' ;��Qh;� .;- <br /> f9'}I;J'} :-'15�• <br /> . � �. ���+�A11, `a: <br /> ' { ,: � <br /> . - toAelher xith O all Du�ldings,afructuros,eddNOns,onlargemonls,mod�hcefio�s.�epavs,ieplacemenls,antl�mprovements now a hereaRei ���j,I�. > � <br /> � . localodthe�eon.pi)aneQuipment.macMnaryano6xtures(mciuti:ng.rcnhauifl�dieiw�..�i,y;,'.%F.A'�:.y.+�%w'-:^m^.c'�.-�'tl:.:y.�r• y•?:,._i,.:...:` .•�'* 5:�. <br /> � • condtlloning,sprinkling andplumbing fidmes,waler and powe�syslems.enginos,boilers,rar;;es,ovens,dishwashois,mlriois end manlols, ;,y,��,t(�� �••';`���.,- <br /> - ce�peting,lumaces,al bumeis,elevatora end moto�s,mldgeretion plants a units,communicnten sys(ems,dynamas,vens/oime�s,olocNCnl 4j�.lr{''�. ;z�=,;,5 �;: <br /> oqu(pmen�,srorm end sc�em windows,doors,ewnings end shades)now a hereahei eBechotl%oi 6ulltln,nny builtling or improvomont � .��+1,._ ,y_.�,,��:.;- <br /> nowo�hereahoilocaledtF.e�eon,(iii)911oasomonlsanddghfso/rvayaAPunennnfl.�o�ero,(IV).ellleaseholUesroib,ilght,Glloendintereslol -7r'r;�(��•_(•:;:�•���_--. <br /> Trustoi)n nnd lo el!leases,who�her now oi horoal(e�exisling or entoiedlnfo(ncluUlnp,wifho�l(imileUOn,ell cesh entl secuiiry deposits, �-.?�;!�,:;...; .'�:�?s���;; <br /> eWance renfak antl deposiis or paymnnls o!e slmliai naNro),potlaining Iherelo,(v)ell rants,lssuos,proAts end incomo 1ho�o6om(sub�oct '��_��p , � ,,+,�-� <br /> fo fho Nght ol T�uslo�fo cdlocl anrl eppty such ronls,Issues,proltla end lncome as Ihay 6ecomo due end peyablo so IonB as no ovonl of � <br /> doluul(exis(s Aoreunde�).(N)e!1 ioyalllos,mtnorel,otl end gas dghfs end profits,waler,walo�dghls.and wator slock,(Wq ell tenomen(s. " �;.[� <br /> horotlifemenls,prlvlle(�es and oppurtonancos bolonging,usod nr onjoyedln connecCOn Iheiowdh,end(viiiJ ell pioceods ol converston, E.� <br /> volunfery o�lnvoluntnry,olany of Iha loregoing tnto cash or liqultlafod cla�ms(inclutl�ny,wi�hout limitetion.procoods ollnsurence entl 1 . � .R;f <br /> con0omnallon awards),aAOf wh(ch k heiefnaller collecfivoy callod Iho"7rusf Pioperty". <br /> � TO PH07ECT THE SECURITY OF iHIS DEEO OF TRUST,TRUSTOR COVENANTS AND AGREES AS FOLLOWS: � <br /> - I. 7Nlo.lrutlor covenanls,warmn(s antl egreos wlth BenoLciary,i�s succossors entl essigns.that irosror owns iho Tmst Piopeilylreo I <br /> - liom any pdorlion a oncumbianco,thel fhts Dued o!lrusf is end wlll reme�n n vaGU antl enlo�coablo fiisl lfon on fho Tmst Piop3rty. -- <br /> fhat 7iusta,at ils exponso,wi11 prosorvo such litle and wlll maintein Ihis Doetl ol Tiusf es e lirst and pa�amovnt lion upon Iho Trust � <br /> Piopotly end wiil imovm�varrnnl nntl dclend fhe vaGdlry nnd priariry oi ihu llon hmeol ege�nsf 1ho cletms ol ell porsons end partlos . .. <br /> whomsoevm.Truarq,ef�(s oxponso.wnl cause ihis Doad o7 Lus(,antl ench amendmonl or supplemenl haeto.to tre G(etl end -� <br /> recortletl es a motlgago ol the Lus1 Piope�ly In such manner and in suth placo and w�n mko such eclion es in(ho opinlon ol imston � . <br /> mny 6e ioqu7ied Dy any p�esenl oi IuNro law in o�de�to peileet.mninraln antl protect Iho livn oI this Dood o!Trust es the semo may <br /> �o amendod o/supplemonletl6om fime lo Gme.TNSIO/wCl mBFe sueh lu/Ihe/assWUnco or nssurencos fo pedecl ils(illo lo Ih0 Tlust , <br /> Pioperry as may bo requiictl by Reneliciar�r-Tmslcr heieby ieLrtquisnes all tlght o/dowe�artl homostoatl in entl ro(he T�usl P�operry. <br /> 2. PaymBnl ol lndebfednnss.husioi Sha!I puncNalty pay O�e Pnnclpnl ol nntllnlerost on mo Indnbtednos5 Secmod ho�e6y. <br /> -- 3. ConsWC6on ollmpiovemenm.Lus(a sholl tomplote m gootl nnd waimt�nGke mannor nny buddmgs,�mp�ovemonls a ropa�rs rele6ng <br /> Ihewlo whlch may De boflun on�he Tms1 Property m conlemylated 6y Ihe foan ovldencetl by rhe Nolo secwod ho�a6y,ro pay whon <br /> tlue oll costs and lladiities ir.cuuod Ihoroforo.and nol to peimd any consliuU+on 6en ngamsl such LuN Proporry.In(he ovenl <br />" cons6uclion of Cuiltlings,Impiovements or repnrrs a�o conlemplaled,Tmsror also uyrens,anphmg m this Deed o!Trust to Iho conlrery <br /> notwi(hslantlmg.(a)to p�omply commence ony such wmk entl to complero Iho proPOSOd improvements p�omplty,(b)lo comp/eIe Iho <br /> semBln ecce�tlance wilh Iho pluns end speC�Ltaflons as opprovetl by�eneGC�ary.(c)fo comply wdh el!Iho Io�ms o/e builtling loA� <br /> Bgreemenf.1/any,Denvoen Tmslor end BenoGC�ery,Iho Ierms o!wh�ch me��corpOralwtl herem by wbronco end made e patl Aemo% <br /> (a)Io allow BoroGpary fo Inspecl(ho ilust Property et all hmes tlming conslNChon,an0(a)lo/op/ace arryWOrk or mateneB <br /> un5oGS18ctay fo BfneliClery wifhrn G/(een p5J tlays a/for wnfron nollce frwn BenoGC/8ry o/such leC1. <br /> 4. FuntlslGPaymeniofChmpes Sub�ecl7DapPl2abielawor(oDwnlfenwunorby9enelanry. LUSfo�shgllpey(oBe�C4nary0�ICe <br /> Frst tlny N en[h monlh,o�suc�ofne�date eacnmonth as may be spec+ketl Dy Benehpary.unblil�e IntleUfetlness�s pa�am7Wl a su�` <br /> I (he�e�nafier caCeU Ihe°funrl5')ep�ano 7 121h o�1he yea�ry fa+es and d55P55.'I:enIS wNCh mayTila�'�D�•��tly Over Ih5 OCCd 0�TiLSf <br /> , Ontl piounUlPnis o�the LuSI P�c4e/fj.dOny,plus 1 12(h o�tne yedtly pm^'�un>m5ta%'�:M�S�c�haza•O�^surance.F�us 7 121h d Pe <br /> fCdI��GIC?1%L2 iA5l3:ImC1115/C�mCtl(Jd9C RiSU�d�CC.��d�y.dll�5/2dSO�dC/y p5���1dICU✓'d�dl:�B�U IfCT hTC!O h.TC D'J RC�f��C�df�C� <br /> Ne Dds�s o/aSSess�'er,ls anL'b�%s antl/easonab�e eSLmales the/eo� 7ne Funtls sha:�fC rp;0�n an rtISLN0o4 V+e UercS+'S or <br /> nccounls ol vih:ch orr insu•etl a guaranfeetl by a ledernl o�slato age�cy��cludmg Ber.rLC�ary BenoGaarysha!�ace 7 2e funtls ro <br /> paysa�tlla..es-nssessmenfs.msurance premmms an0 grountl�ents-Qe��'�aary shallnnl De reqmreu fo pay Trosror any m�eiest c� <br /> � emnings on 1ne Fur,tlt.Beno��cwry snm�grvo ro Fmsro�.w�mour c�wrye.an u�nunf uc�vv��b��y af rP,o f�aCS s.`.o�a.y c:c�.:s o-.'. <br /> debits Io Ihe funds tnd Ihe purposo lo�wh¢h oach debrt fo Iho Funds was matle. Tne Funtls a�e pletlged as atldilronuf secm:ty��• <br /> � Ne/ndebtotlnoss SeCUretl by Ih�s Dend o/LuSL If(ho umounl o�fha FundS holtl by BoneLCrery.foge:he�w+fh(ho IuW�o��onihty <br /> ' �s�allmonls o�Funds payablo pnor to the dua Oa�as ol mxes.assossmon�s.��su.ance premmms and g�ound�oms,shan oxcee�tno <br /> � amovnf requ6ed fo pay se�tl(a.es.nssessments.mscranco pmm�mns und grountl ren�s az tney la�l tlue.sucn oxcoss shnn be.at <br /> TrusPor's ophon,o!(he�p�omplly�opa�U to Irus(or or credded fo Lusmr agm��sllufuro monihty msta��menls ol Funds ll�ho amount of <br /> tho Funds heid by Benefldary shall nof bo sW/rnonf ro pay ta.es.assossmenls.msurence prem�ums antl gmun0�en�s as fhey fan due. <br /> Truslor shell pay(o DonoLaary any entount nocossary to mako up tho tleGaency wdhm tnirty tlays liom tne oate��ohce rs maded by <br /> i BonoGCiery fo hu5lorrequosUng paymont Ihorool Upon payment m lull o�a/11ndeDteO�ess.Qenobaaryshan p�omptty iolunolo <br /> Trusror eny Funtls held by BonoGC�nry Il tho lmsf Properry�s solU unhe�thn porver o�sa�e o�(ne Lusf Pioperry�s omennse acqmretl <br /> i by Done(Cfary.BaneOctary shall appy.immodwlety p��or ro fho se/o o7lho Lusf PiopeRy o�rts acVms�i�on bY BeneLaary.any Funds <br /> holtl by Bonlfl�ciery ol IhR hm0 0l uppGCehon os a aed�t aga�nsl!he In0e61edness ll Bene�2�ary executos a rvnrten iv.rve�o�imslo+s <br /> I oDligo6ons untle�Ih�S parag�oph 4. irosro�tovo�ants and ag�eos fo pay.6elore fno same betome tlebnQuent.aii ta+os.assess��ents. <br /> 1 I�y�lrf IYIOI-/5�IXb�Y�O+i� ... . . 1 <br /> � <br />