|
�:�e'�i4�;' �.� � - v� . . t . , jr
<br /> . ,�� �4 , . ,, � j - _ • . ' _. . . .. -� - - _—
<br /> ��. ' ;. , �-� .�:t��_ Q' � •t,y.�� -s a . 5 . � . � • �
<br /> �i,�.�as�.__�' E.- . � :°��`, t . . . ; _ _ ___--._
<br /> ^�x�� :�-�r' , t ' r _> ,t> ; � .. _, '�'_t .Z r ';`���,� '•'- ..._ _
<br /> � .� � ..� � Y' . . -� � y �W _
<br />�� � f�,�.v��_. . . . . . .__—` ; .:'...r._- _r-�_ , . .r.__�'__ .�•�_ _ .�__ `'�^4 ^-S]� .— -- —
<br /> , _ � _ ':" - ~ .. n,- : �` ,\
<br /> t '� . . ` ,C �.
<br /> .1
<br /> _ _ ��_ < <. �tnsu�p�,9�?�re►r���a�tA�'chargeRs�rAeisaair'er►Qvfsatupertcr�s���R► !�f���s .�
<br /> - , . � Airq�e�r.Trusior Nrt►5�r�g: ,��",srpo»wri�ari re�ue3�t�r;6arre�ctary.tri p►a�a dabNrer M�eReflcfery eid ���gay,vknt�l��. ` —
<br /> suahclt�rge�Tr{+sivrt�r,� t� s �i�ye/�t�re�as�ssmenl�FtndotRer�esYevtet�upon�►�ss��,. d;�fac�tki�r+[d�r�r'` ,; " -- _
<br /> �� < agatnst.ame�ura�ll�r�;�'��i�i�t,�r��ercordatta�rAaraof. � .. . � .
<br /> -- _ _�.:.Rn�O11cariaAOt��_, ,,�Stna��-�c_HenefEcta�ir��� to_anu�elrLltd�16tN�r.��tan��€���@n�E6Y�_�.," ' -— -
<br /> - — r»ay be a,Qpff�d ID1►8�eA��� 9,tot the Ir�deDtetkrass cf ro�ny�fher debt;�a7ifl(tj+ar��+lt$e�t o1�,7►►���i�-^
<br /> t , atsnlr9rotappYaattp���b�t�'t��'a,��ribsetutedlsc�eticn�daems�a�ro�Af+ai+�tlnttrasgthe�saeteatedby,�r►e8ctat�e�y,► �
<br /> -.:" atrcAPaymenis��l�p ata�&a�►Ab'�.4�Y t+a the payment at�r debL Uatrlfli�ro�obltga�An.otltar that�dr�lYote�.. . . .�`�: -
<br /> :;: � Chargas:Lte�aYrr�r,w�1Y��A,M�<r!�is}PrapertytreaBom�111fenssnde�s�umDrenaes�vAlchl�an�rwaYmaY,fnEEle/vdgrtterrtof ..`�',_.ti,.
<br />=��`� BsnefktaN.Ravspt�nr�y;a�s�r,or,i+�A�':�►esecudfyof.tAfs,Qeed afT►usP6�RTrusiarr�eadnatdfscAa�gcte�rysuchUen satone�s -.. : -�_
<br /> -��` 7Mstorslrstl��r�p;lrr�wAt�n��trtAAi? !oDU�&Uo�&BCrtredbysuCfiG'onfn.ama►ureFeaasBtaAloroBene8Fl�uy►snd�liaflUrgoot9f�ttr ; --
<br /> S�:. , contaststfd+lie�by�aAAtaoPt��p _.. .,►i9s e9tecBve ioFreuentths eMorr.amarstofNolren 8ndt�etass of e�nYfniere�ln or� : .
<br /> -�° - ��-- Ranattt�a.nust;Frape�; _ -
<br /> - �`-��� --� �- - - --- - - - _ `_ _ _ _- _. - - --
<br /> r flaza+d.tn�ursnaa.Tiu�tt►rs�eg[zaap,l�,h�#�altdtn8saridotherimpmvam6r+t�nabvexF�ungorhereafter��ectadaixt�refrustPr»p�r�r--,
<br /> u. �. �. Insir�ad�iHinsurnrica caniem s��td 8eriafctsr�►a9ainst fasa byflr��hazards incfuGed tn Ura temr"extandsd cav8rage.•8nd
<br />- - , �i;�-3;:�cc�:�k. + U
<br /> ' :r;,,�•��.;:�� �`.`�. St�C►to7h8rhEtzBi'�ds��caStiE��sBt►�f�Q�rg9►rclfis�m8y0ateqnlredbyBsneRCf8ry.lnsucAsmouMas�dforsuahpadadsasmayDe
<br /> E �s
<br /> .. � ���=>,���t� ;s ' ra�u/raa1.AK 8ensflcf�T1r�t Ao�'tsY..o�u�ance s►ia/1 De 1n farm.accePtabla to 8eneffcie►Y.P►ovtQa.tltat tha same may not be _
<br />`'.�. �,�.r�€;�`;s_. car+t�l(�d.orm��'�wlEt�a�tt ftA'Re►1.4.dbj days p�for w�ittea rtoUce to�8eneftCfary.and sha11 Aaira(a8s pey86le Al+ovisions fn f&voi Ofetrd �-:
<br />-:�`.;. '°`'`-`� . In for�suy'epi8bta t,p,geqgfsctAry� _ .�r�ums oR trutuenee poticias shelf be pa(d!n the mannerpr+�vlded undsr pa�egraph.4 her+aot -
<br />_;:..._ _ zr,��t��; ��f _.
<br />=�;�5 � =•"�:�"��;��..s'.�° ;::,:�::, or.B not pettf i�sault+ttEt�+nar,b�1�Fpl�ir�?'rr�ta'ng payment stleast flfteen(f51 days Pdor ta.tha due date�dtreclly ta the fnsu�an�
<br />��*, � ._;�'�-'�„.,;;-�� • � carrler.Bana�claM�ti�J►A�iRarlghrto`RatdMapat'ictasandrenew8lstAereufendTtust�rshallpromptyfumishtoBene�Ccf�ryaU
<br /> _ :-'�a�,��:.-^,%`�::�; ': renewa/atoUces�d.$Nj�dmrsnutrn receipts�5red byit.ln no event sha11 BeneBctary or Trustee De hetd responstdte for faUtoe ro
<br />---``=� .. �,:;;��<;;'=,.;�i ---
<br />�!• � . a�:_: ;��;,, Pey!l�t!!t�t►ceP�e►rda:�or,lhr,enyiitts�ordamager�st�gautofeQefectinanyPclroyarerlsingoutofaeyfe(lUreofsnytrtsurence
<br /> i�i
<br /> ..Ft� `'*is"::'><;.-^s' =�<
<br />_�, • �:`;.'�.,_:.�:t.''.n��_�� _ cpmp�y fpr any,f�s�.nr alqtm�s Insu�+ed agalnst w torla!lure by Tiustarta eflectthe(nsut8ltGe repulrad Aereynder.fn tha evsrrt.:.:,--
<br /> �.,��., oi�pssj':. ,.,._.. s�?eUg+Ya PI+�+PF��e bym�!to the Insurarrce ce�r:ersnd Beneflclary.Be�reSClary maymake proototfcsstt.not
<br />=�:` x;.<;;•;y'Y>::{�,,�� mad9pi�yarinpm}�ar•famrtry!°Tntstor.AllpoGctesofiasur�rres�end.enkandaUrefuedsof�neamedp►+emlumsar+eft�g ----_
<br /> �;-�L�.,��c�n�,�
<br />=�� ,.• s , _. ;,.�,�� assign�#��3ena5cl�iy;.asadd�+t�lsecurfrytbrthe�zaymenrnftt;eitra(El'raad�ress.Jnthesventol6enefldary'saxercfssa�ti�$power < _
<br /> -�' � r r <<<< of sa/e contatned hsneL�,.pr.In.tifR�ant of foreclosure,all dgAt,67faendUrtar�stai�rustor tn end to eny/nsurarrce poAcy thbn fn torca ��
<br /> �,:;;,:'�::.,;� � z<���y�� sha/1 pess to tha purchA,a.a�r.ei:�firstee's sa/e or fo�ec/osrrre safe ln ca'se ot2r�,�los3,the insu�ance prooe�ds may,atthe opUon al ���::._--
<br /> ,<<��A;::,,::;�;�: . . _-_-��_
<br /> <�;�,,�;� �e�fary.ba.�ppttad 3tp Ben�fe��y upon tha fnde6tadnesa,warr��,a�t tfrenaof,and!n such order and smnritrt as Benaficlary may
<br />-- ,<>•.,:�,,.., . ---_�--
<br /> 1;•";•''�:��`'� � deterMr�&�or.satd rn&+u�na��1�A�e.�attAeoption olBeneflciary�rr.ay eftlrsrbe usedln nepladng w�sooring the Trust ProPe�tY --_- -_
<br /> .•t`..`.`�'?,�;��'� ��`•�• ary;arsald insurance pmceeds,oran , --- --
<br />_ �,-=_,'A_..t�u,�,,:t:... ," R�rtlaG�tarta�j�dEU�ri�d:tt3COat�ransa�isfactorytoBerteflci YPon/ontheteof may4o _ __
<br /> - ���Sk . �,.-,a•'.�.�.• •: I�IC3BS�dt[t•Fjust4r;,tltde�enefld8ry and Tiusto�ofherwlse agrea/n vidting.eny such epplicatlon oflnsursrrce proceeds sRall nbt __..
<br /> '� y�����•. ' � �:�� °.; extend os pos�{aan�tlreaiue date of tha Note,or arr,�anstallments ca!!ed far therelrr,or cbange Ma amount ot such installmerKs.N the
<br />- . � , �.: �' -,-• ��.' Trust Proper[y�ts acquiad Dy Beneficlary puisusni��he exerclse of Me powerofsa/e orother loreclosare,eURglr�tiile srrd iMe�st of =_-
<br /> ,'& �,��+'�,'. ,,; Tiustot In and ro srrymsrrrance praceeds payabfe ss a resylt ot damage ta U►e 7rust Pr!operry pdcr to tha ssle or acqrlfsiflor►shallpass __
<br />.�:�` �`�` � ` � `� ' to 8ene�dsrJn end s6ralf be applied flrst to the costs and expenses,tnc/uding etl�mey fees.lncuaed In collecBng such proceeds.then _�~
<br /> : n-, � .., .}. . --
<br /> -±Y2 .k�.L1' . �� .�
<br /> = �, . : • . . .,. ' In therrl�►n�rend m�e order provided beteln. !L�_�
<br /> J"�3{ �FC�`.....r. :c;'_:_
<br />-,- n �,ti.,•, . _�,. - - ' ' B. Piesenratio»and fdai�nanca af Tiust Properly.Trustor w!!l keep the DuUdinga end oiherlmprovements aaw or hereaRer erected on �--_:.__
<br /> : the Trus!Properry ln.g�d repafr and conditlon and wfll not commit or permft wasGa,wlfl not aMer the desfgn orsWct�ral charaater '��'=--
<br />_.,:�*� •�::�:,,^.�.µ °,��;' 9 A8 � (�`:.y"'�_
<br /> ,' ,� �` , cpnsUptting any buifdir�now or hereafter ereCied on and constitutln the Trust Pan ►ty without tha pdor writaen conseM ot
<br /> � �. r� . , .��,;,, Benefrclary,w(ll netdoany act ar th/ng whlch would unduty lmpal�or deprecfafe the valua oi the Trust Propeny and wfU not abandon �,���1
<br /> j,._� ; ,�2�f4��,.�:_�,'. <. the Trusi Pmperiy.Trustor xnll not renrbve any Bxlures constitu6ng U�e Trust Properfy unless the same sre lmmedlafely repiaced with ����_�
<br /> 3cL;�i . Nke propefi�r subject ta theilen an6 seaurlty fnferest o/this Deed of Tiusi and of af least equa!value and utlfity.Trustar wilf compty with � ";!k`T�a�'��_
<br /> ., r a�r Gu��x
<br /> r�s,�. �,. `.�h N�.�:, al!preserrt a.�rd firtrrre ordinances.regulatlons and requlrements atar.y govemrnenta!body whirh are appllcable to the 1'►ust Prope►ty - ;;� �Y���,.
<br /> end to tlre cccuparrcyarad use thereof.!I this Qeed at 7rust is on a unit�n a candaminfdm or a ptenned unit development,Trustor shall _• t" �7 �
<br /> � �.. �.r_ -;�. '�'
<br /> .. ,,t�;•., ;� .. : •. perform all of Trirsta�s at1ligatlons under the declar-�ans or covenartts creaGng crgqverning the condominium or the planned unit �;�.'-� .-��..
<br /> ' � . developmen�tlre Aylaws and reguladons of the condominlum or planned unii devefopment,and the cons�hrenf dacumenis. ` �":-:`:�'���'
<br /> �' 8. lrtspeotan.Beneficiary or Jts agents may,at alt reasonabfe dmes,enfer upon tha Trust P r opert;r tor t he purpose of Insp e c�an. . '`�;�.;,,•.: � �
<br /> _�; ; ` . .
<br /> � ° • • 8eneflcfgry.shall have no duty to make suCh lnspectfon and shal/not be liable to Tiusto►or to snyperson!n pOSSesslon ifR rtrakes or , � �'F<:. . '•'•� ' p
<br /> • . • . latls ta mafce an suchlnspecaon. �� `
<br /> y `��«;: ., .
<br />� � � 10. Protecilon of Security.�f Trustar/ails to perbrm any of the covenants and agreaments confalrted in ihis Deed ot Tiust,or lt any acdort : .
<br /> ' �:�
<br /> _'� } ��`••' � ' or proceeding ls commenced wAlch does or map adve�sery aNect the Tiust Prapsr.y or fhe lnterest of Trustor or Beneflciary therein or •
<br /> ,'``si;'���,: ` : the fftle of Tiustor the►eto,then 8eneficiary,at its opuon,may peda�m such conv�Mants and agreements,make such appearances. .- ���
<br /> ����s�l:.�:;. defend egalnst and invesUgata sach action vr proceedirtg and take sucb other aCtion as BenefrClary deems necessary to proteCt fts �tiz,__'� ,�, ,..,�•'':
<br /> ` ' inierest�ncleding,but not limited to,dr'sDursement of reasonaDfe attomey fees and entry upon the Tiust Piope�ty to make�epatrs.My � �•��^1 a ��;
<br /> t;,; ..,.,,�,t�� ..,'_ amoants drsbursed by Benerc�ary pursuar►t to thls paragraph t0,wlth lnierest thereon,shal!constitute fndebtedness o!Tiustor `'`��� =
<br /> ��- - seCU►ed by thls Qeed ot Tiust Unless Tiusio�and 8ena/JCfary egres to ofher terrns�1 payment,such amounts snell be payable opon . . - '`
<br /> . '`�:��s r, . �. noUce Uom Beneflclary fu�iustor reques6ng payment thereol,end sAa►1 bear lnrerc-ss fiom the date ot disbursement at the defautt rare, �, � ;
<br /> � _���'::`: if any,set forth ln the Nofe,or othe►wise at the hfghest rafe permitted by law.Noth��rg contatned!n thls pa�agrapA sAall�equlre
<br /> -'`i : . Ben8Bclary to Incw arry expense or take any actlon hereunder.Tiustor InevoCably authodzes end empowers Beneficlary to enier upon , , •
<br />-. • • ' the trusi Properry as Tiustor's agent and,ln 7rustor's name or ofhenvlse to pe�form any and alf covenants and egreemenfs to be , �
<br /> . . pe►formed by Tiasta as hereln provlded.Bene/icJery shap,etlts opb�n,be sub�ogated to any encumbrence,llen,cla/m or demand • . �
<br /> � and to slf dgAts and SeCUdUes tor tha payment thereol pald o�discharged By 8eneflciary undei the p►ovislons he►eof and any such ' . °:, ,- .
<br /> ' %:;���". ' � subrogatlon�Jghts sh�lf be addltlonal and cumulative securiry for th/s Deed ot Tr,�sL , � � , �
<br /> s� : . ' • - 11. Condemnation.The proceeds ol any award or clalm lor damages,dlrect or cansaquentlal,!n connecflon with any condemnaUon or . ° ,
<br /> :;�:• oMBr faking o1 the Tiust Property,or any pa�t thereof,o►lor conveyanca!n/leu of or Jn anticlpaUon o1 condemnation,are hereby � ,
<br /> : ��=*� � � . 8ssigned to and aha/l be pald io 8enerClary.Tnrstor wlll tile and prosecute,fn good falih and with due dlllgence,its clalm br any such '��"''' .
<br /> :�•�� . awa�d or paymen�end wll!causa tire same to be collected and paid to Senepclary,snd,shCUld it tail to do so,TiusMr inevocably �T "� '
<br /> ;..��` � .. . ' suthodzes and empowe�s Beneficlary,in the name oJ Ti�sror or otherwise,to fiie,prosecute,sedle or compromise any such clalm and ''���T'' '
<br /> , :. . , .
<br /> �•� ' to collecL recelpt for snd reta�n the proceeds.U the Trust Propertyls abandoaed b�Tiustor,ar,after notice by Beneficlary to Trusior
<br /> �'-•'` that the condemnor oflers to make an eward o�settle a dalm for damages,Trusta��a�ls to respond to Benefrciary wlthln thlrry(30)days
<br /> � �°��:�'.• ' ' .. efter the date auch notlCe!S mailed,BeneBciary!s authodzed to callect and apply the proceeds ln the manner irtdlcated herein 7he �•� � . '
<br /> j��'�• ' + procee�s o}any award or clalm may,after deducfJng all reasonaCle eosts arrd ex,^.enses.inc/uding attomey fees,which rr,ay have � •
<br /> . . ��;;' ' ;�;=::;�'� been lrrcurred by Bene�lC/ary!n ihe collecUon thereof,at the sols di�;retlon of BeneJlclary,be released to Trustor,applied tc
<br /> ;' � �,l,; rastorgUon of Ttust Piope�ty,or appiled to the payment ol the Inde6tedness.UNess Beneflclary and Trostor othen�vise agree in wttang, i.�, ,, ' .
<br /> '.., ":�'.. ' any such appllCSUon o/proceeds to Indebtedness shall not exlertd or postpons the due dete o!the Note or the peyment of any �
<br /> �`�:;, ' . lnstsllments ca/led forthe�eunder.
<br /> +•�,� � ••� 12. �iustor Nof Released.Extenslon of the dme Mr payment or moafiTrcatlon of ar,y amurtization of the Indebtedness grertted by Beneficlary ;
<br /> - '• ' �� '��`� � to any successorin Interest o!Tiustor ahalf not operate to�eteaso,in eny manner,Ure lisbllity ol tiusror and Trusror's successors in
<br />_' F. � � • • � lnfeiest.Bene�Iclary shall not be reqWred ro commence proc e e djngs against suc h successo�or re f u se t o ex ten d t lme f or payment or .
<br /> . ofhanvise modily amortJzaBon of the Mdebtedness by►eason ol a�ry demend made by 7rostor and Tiusior's successo�s ,
<br /> � ,.� � � ~. . .. Ininterest. .
<br /> � '� � 13. FlnancJallMom►aUon.Upon request ot BeneBclary,Tn,sror wil!prov�de to BeneNciary,wiU�in nlnety(90)days ol the close ot each fscal
<br /> , ,.�r
<br /> • � ' year o!Tiusin�,the consolidated balartce sheet and sietement ol esmings of Trustor and any snd all g�aranto►s of the Indebtedness �
<br /> .. � � secured hereby,ff any,8nd will provJde snd dellve�to BeneNclary such othe�Nnanctal lMormaUon and!n such manner as Benellelary �� . �
<br /> ,. may nassonaDy reqaest hom tlme to tlme.
<br /> � ' , • . 14. Financlal Covenants.ln eddl�on to any ofhe�financlal covenants of Tiustor made!n any other agreement,InsUument or document, �
<br /> • ` ; �: . ••-• •� Trttsior sAs/1 comply wlth end sha11 cause sny snd all guaiantors ot the IndeCfedaess secuied hereby to comply w1th,or be In
<br /> • � compliance with,the Po/lowing/Jnanc(al covenents:(TNfs pareg►apb shs!!not appry!!covenants snd requlrements are not set
<br /> �-� � ' --=-_-�-•='�-- `---._ - - -- --
<br />-:_- .---—- �otM hs�ir�j
<br />_,.�:� _ - ---A_:_..-.-...---- .
<br /> , '. t t• , . f5. Schedule o!LBases.Wlthln ten(10)days efter demand,Tiustor sAa/l fu�nisA to Baneflelary a scnedu/e,cenlNed ro by Trustor,setGng
<br /> x ��. .�''1 ' foAA sll/eases olU�e Trost Properfy,o�any poRton the�eal.lncluding in each cese,the neme of the tenanis or accupanfs,a descripUon
<br /> „ �' �, , 01 the space occupled Oy such tenant o�occupant,the rental payable br such apece,end sueh other tnformat/on and dncumeMS with ' �
<br /> - . �espect to such laases and terrancies es Benefielary may reasonably request. , �
<br /> � ��`� ' -- _ __-__ ' --.-. _ -
<br />
|