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<br /> parrorab rmscP�onerry.
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<br /> :��,;- -..: instsed 6Y 1tlsunanC9 CarriAls S�stactarY LD BalleGCfar!►agahst/oss bY 17re,f�lsuds inCk/ded in ItN tOIrt1"�1Mndrd oow►ape���nd
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<br /> . `' " �� •'.,r�a!lpa9s to the purc�ttr�'r�!!te trvsiee's`sale arfotaxfc�tae sals.ln e�se ol`ar�r ff�,tAs lnsurince Prw.'wdari�l►.at/�►tplfol;a •
<br /> � ��S.•Y�.�:�'.;: . . . . . BenallGa�l.be ePPhed dY�Te!►efiCl�ry upan tha Indebi�dness,a�YP�lAereof:and/n pucAordM►and an►OtrntM 6wMAcl�rY e�t-,
<br />, x`�%` � �� �. , deterMne:ors�ald tnsnrance Prxeeds�at the optton of BeneNNary,maY e�lierbe wM/n rs,plecinQ wnslar�in0 M�e 7tu�tA�opMl� .
<br /> ' � " . parrrile/ly a totely destroyed ro e cond�ton sattsfactay tu Belrsflclary;a asld fnswancs proceads,a�YPa�►�h�no%m�ybr . . ��
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<br /> . rek�sed m Tn�sta_Unless BeneflciarY and Trusaor othe�wlse aQ►ee rn w�rrg.any arrd►eppNc�et�n ofkaurancs pvcNdr+h�I not
<br /> � ' . extend or postpona ttre due date ot the Nots,aanylnstaflmenla called Wr tlrerefn,a cNan9�th�aa�ourK ofsu�,�hWinino�Mdis� � �
<br /> . .:;-,,rr ..� � . 7'iust Propenyls aaqulred Dy 8eneficlary pursuant to tAe exerclse oI ths power ofasle a ofhs��6rocb�uns,Nri�arY�r�d Nl��f d .
<br /> _ ' . Tiustar/n and to any/nsuramce praceeds payabte as a rasult of damsge to ths Trwi Prnpertp pdor tb thr sats a acqu�oa ahMPw �
<br /> . � ro BeneNclary end ahatl be applied firai to the cosGS and expenses,includlnp attomeY/se�.lncurrsd�ir co�M�CNr�aueA Pi�o�.y�M�
<br /> . � • ' in the manner and In the order pmviQed Mreln. �
<br /> 8. Prese�vatla►end Maintenanca of Trust PropeRy.Truata w111 kesp thd buildlnQs�nd otha imPro�smsnd�ow a l�r�r�wotM�n
<br /> ' ' ths Trust PropeRy!n good repalr and condit/on and w1H not ccmnNt w psrmtt wasN.w�lf nW�e►tM d�el�n aa�ruC�uraf C1NaCMr
<br /> • cpnstltuNng any ouild�ng now or AereaRei e►ected on artQ conaUtWn�ths Tiust Propeiy wltNout the prbr wMtilr�carw�t o� �
<br /> Benehciary,wfll not do any act orLhing whlch waulDuaduryrlmpalr a depr�ciale Ms vNw at 1hs Trwt Prop�lyan4 w�noNbrrtdore
<br /> " thB Tiust Properry.Trustar wlll not remove any(Ixtures consHttrArng the Tiust Properfy uMest the aams arslrtxr�IlaM/yt�/�Nc�d w�M1�
<br /> � ;;,- •. � rJke propeny sub/ect to the/len end security/nteresrot this Deed ot Tro�t and alattea4t equa/vaN�e and utllltlt Tr�or wl1 can�ljr w�l►
<br /> �: � a!1 presertt and luture ordlnaaces,regulaaons andraquiremenb o/any govemmenfa!body which ere sppNceWs to fht Truat Propuy
<br /> � and to the occupancy and use tHereof.If thls Oeed ot Trust!s on a unitin a conQomfrtfum a a plenned unit deve/opmar�trustaafNM
<br /> � � peAorm alJ o/Trustor's obligedons unde�the deGeradons oi covenanta cresUng nr goveming the condominlwn orflta planrteaf writ
<br /> - � deve/opment,the bylaws and regulaUons ol the condaminium or p/anned ualt developmen�end the canad(trrer�'documenls
<br /> � `� � 9 lnspectton.Bene/lciary or its agents may,et a!!ressonable dmea,enter upon the Trust Prope�fy fo►the purpase otrnspectlon.
<br /> � BeneBc�ary sball have rto dut y to make such Jnspectloa and shal!rtat be lJabie to Truator ar to any persan fi possesslon Hlt maft�s or
<br /> ;.._.:r�,• lalla to mekQ any such lnapectlon
<br /> ;t f,,f ' •tQ. Protecdan of Seaurity.It Tivstar/ails to peAorm arty o�the covenants and agr�emen�a conta/ned/n thls O�eed af�,va�or lf arry actlan,
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<br /> .�:,,,;;•.�. .� or proceeding Is convrrrer�r!whlch does or may adv��2ly affect the Trust Prapey!)/or ihe Interest of Tiusior a�Ed�SneNclary or
<br /> • • ';:��;��:�:, ;.•i ,., � fhe bde of Tiustor fher:?c,sJren 8eneficiary,at its opSo�::nay peAom►such camerar+ts and agreements,makm^�h appearoncas.
<br /> <r����'�.-��_ defend z�alnst and InvestJga(e such ac�an or piaceEding and take auch other a�on as BeneflclAry deems aecgssary to protect�s
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<br /> . :;t��°�•1�-''��• JMerest Inaiuding,bW not llmlted to,e4is�r•r�emem o►ieasonabfe attomey lees ar►d entry upon iha Trust Property fo make repalis•My
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<br /> '�•• --���r"�� � � amounts disbursed by BenellcTary puisuanr to thls parag�aph 10,with lnie�est ihereon,shap consfltute►ndebiedness of Trusta
<br /> '' ���"`�`• � secured by thls Deed of 7rust.Unless Tiustor and Ee nelJCiary agree to othe�tenns ot paymanL sucb amounts shall be p�yable upon
<br /> ' :!'�y��:.., �' `
<br /> ' nDUCe frcm Benerciary ta Tiustor►equesting payment the�eof,and shal!b8ar inier�;t/�om the date o!disbw^��tsnt at the default rate,
<br />,�<.�, � il any�SSt 1DRrh In the Nota,oi othenvise at the highes+rate permitted by law.Aothing contalned!n thls para��h shall requ/re -
<br /> . � Benellciary io inc�r any expense a take any actlon hereunder.TrJSiorinevoaahly authodses and empoweis BeneNClary to enter upoh
<br /> � ' the Tiust Pio�e�ty as TrustoPa agent and,in Tiusto/s nama ar otherwise to pedam any and a!1 covenants end agreements t�be
<br /> ... � r peAormed by Trustor as hereln provided.8aneli�iary ahalJ,at ns ap:tion,be subrogated to any encumbrence,llen,clalm or damand :
<br /> � and to ap dghts and sj�.'�1tJes!o�the payment ttrereo�paJd o�discharged by B�neflclary under the pmvlslpns hereof and any such ,
<br /> � subrogatlon righfs shal!6s addit/one!and cumulative secudty lor thls Daed of Tiust.
<br /> + ` ' 1 f. Condemnation.The proceeds o1 any awa�d or clalm far damages,dl�ect or consequenUaL In conneCtlon with any condemnat/on or
<br /> othei takiny al the Tiust Property,or any pan thereol,ar!oi conveyance in lisu o!ar!n anGei�ra�a�of aondemn8tlon,a�e hereby
<br /> � asstgned to and shall be pald to B�neliolgry. Trustor witl iile and p�osecute,in gaod fu+th anat wrtFn due dil;genc�,its clalm far any such
<br /> awa�d a�payment,and wil!causa the same ta be colleoted and paid to BoneflciU►y,and,shauld i1 fai!fa da sa,Trustor Urevocabty
<br /> auth0�lzes and empowe�s Benefialtuy.!n the name ol Trusta�o►otheiwise,ta f11e.p�osecute,sottle o�compiamise any such alalm and
<br /> to coffact,►ecelptlor and retain tHe praceeds.lt the Trust Properry is abandoned by 1►ustor.or,alfer naGCe by Beneflciary fo trustor
<br /> ' that the condemnor oHora fo make an awa�d or setlle a claim lor d��na�as, Tiusto�lails to respond to Berta/rala�y withln ihirry(30)days
<br /> � aNer the date such noNce Is ma/ted,denellClary 1s authorized to co!l9ct pntl apply th�p�oceeds in fhe mannei Md�cated ha�ein.Tho
<br /> ' p�oceeds o1 sny awa�d o�clalm may,a/ter deducling al1 reasonable costs�nd expenses,irtcluding attomey fees,whlCh may have
<br /> ° been Incuned by Benelrclary in the collectlan fha�eol,at the sole disc�ehon ai Bano}rciary,be�e�eased to Tiustor,applred to
<br /> � ' restoraUOn of Tiust Property,a applied to the paymenf of the tndebtedness. Un/ess @enef�c�ary bnd 7rustor othe►wise ag�ee!n wiiNng,
<br /> . . any soch applicabon ol p�aceeds tb intte6tedness shall not e�end or postpone the dae date ol the Note or the paym�nt ot any
<br /> • Insta!lments called for theieunde�
<br />' 12. Tiusfa�Not Re�oased.Extenslbn oHhe lime for paymont or modilicatlon o1 any amortizaUon ol tha Indebtedness g�anted by Beneliclary
<br /> to any suecesso�in lnte�est at Tiustor shali nat ope�ate to rotease.In any manner,the Irabiltty of T►ustar and Trustor's s�ccessors in
<br /> UNo�ost Bene!lciary shall no!be required to commenco proceodings agamst such successor or retuso ta e�ctend time lor payment or
<br /> �; othenvlsa modify amomzetian o/the Indebtedness by reason o!any demand made by 7rusto�and t►usto�'s successors
<br /> �� • ln Inteiest.
<br /> ' 13. FJnanclal Information.iJ�s�<e�urs.�5!Beneficlar�Tii�stor will provide ta Benshcrary,vrith)n Nnefy(90)days a�th9 Close of eaCh liscal
<br /> �`�` � ' � yea+r of trus.+o�the c�ns�l�9����at�nc9 sheet and statsment of�.�raings ot T�ustor and an y a�.�a/i guar�rr.�rs of the Indebtedness
<br /> �...�.
<br /> i;,::•�' . - - sacured:?Eraby,ifQ^y,ars�uilt���r'9�and dellrar ta 8snaflaay sJ�"rh Q�"�r l�n�relaf inlorrsafio��rsd irt sush manner as BCnCliclar�
<br /> • ��,� may reasonably�egr��M fisrn r,ms r�rlme.
<br /> -. . _. . - ` t� � `•:�._ � �7Q. Finaaciat Covenar►K_!��KH?'o�1�an�athAr tinanc�at covenants of 7nis2ar ma�g7rr any ather agreemen;,ln�fit.�nent o�doCymem,
<br /> -_�.�:;::.•,...:.,....___:.
<br /> � t�ustor shall comp�j wi;.�►znrf s'�al�calse any a^d alt gua�antois of fhe Jnde�±ey�ass secuied he�eby ta Cbt»p.'y 6Yith,o�be Tn
<br /> compltance wtth,ih9�pUb�/fs��11��It�7�.-vovenarn�:(This paragrap�shal!ao2 a�pi�ilGOVBnants and requ�rsme-�!s a�e net set
<br /> . �; . t taan hereln.) .
<br /> . . , :.!E�, ..':: ` ' .t 15. Schedul�afteases_W,�hinte�{.�)�t�ysa`te[demand.TiusryrshaL'furnlshta�s�ef,�,aryas�tr�duJe,ceA�f,�g�+_i5b�;�u,.+�r.semng
<br /> ' � _ �;�°. ' • fbrJ►a�I P@SS9S 0!�8 3YtJSt PIOpB/!y,or a�y pa�on L�B�sof,Inclfd�ng In eac�c�ss:ih�name ot tt�e te»��at���dp�nts��d6s�:�p*on
<br /> ;;� ' � of the sp�ce occrrptea�tr/such tena�rt or accUaanr•th�ientat p�yab/e lo�s;fcri sa�:e,and such othel lnform3!rba and dacumer,ts w;.�
<br /> , , - - - -• f�spect io sucb teasss a�d tenancles as Benet,ciary may ieasbnaDJy request. �
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