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<br />..-;, 6�.q�Qptkr�in�PeZtmersis.A11 paymanistecettted QY EeR a�es t0 8nY pt�DL����Y R�Q�S�aw�to BaneflCla►Y.bb►�'�"'. v°
<br /> = maybn��ed0y8ens�t�P�Y+nentotftigrb�e�Ot�res9a�D�nys�►chotAa�debL��YotoDXQa�t,!ne�+�r�rl7► —
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<br />==j'` swati paymentshall0e tlaem8d epp�ed Arsr tQ Me pAymen►olany daD�71�OUi�t or o a�arrc��ths Rfate� � ,
<br />- 6� Charg��t1sn.8.�Tiitstor i6rID l�e�P d!�.1'�►st F�roPe+t�l�e9 from e11�ens 8nd ertaum4raRCes wMcAl�en�waYmaY�f�.Efis CI•� �
<br /> Be�eff�a►Y.h v�prta�►oa�'.orfmpairtdezs�9crmyaf,tNsO�edo�Trt�tOtitThrsmrrieedtt�rtQ�schor$eanYauchBana�as.= . .
<br />�;�". . TiusiarsAaQa�ree.lnKmiffng�.tapaytA�obB9�aationsecwadOyenehUenlnemairner��epts�tataBeneBclaryanclr,Re�l�rpoodfe�f►
<br /> , . � oc�rt�sdsucflNsnbYePP�A�atelegalpr�oceed�eftee�vatapr8renithe�mentai�eeJt�nondthakssot.anylM�s�ft�Or .
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<br /> ; '���u ,�v ` .: �7. Narard fnsurance�sAaO�Feap tha Dulldinga snd ofAerlm�ttovcmen�now i�atstiiig orhe�aRor erecteA on tlte Thest Pr�paip. . _
<br /> --: _ -tnsrme�$yt�rCacarrlars�3►����b�.tt�.A�srclalr�(tutadlntAam�m"exteeded _ _ ���►+� -
<br /> �s ` ' ° � �- srrch atherhazerd�,casuatYss end co�iilger�ci�s es m�y De reQuL�adDy 8'ena8cfsry.tn syrcA smounts and fQrsuc�i-p��a�maYBe -
<br /> �'.��.� `.;`r����`: : ' repufred by 8ane8ctary.iAs pallcy ofln�urance shai)ba/nlbrm ecospta6/e io 8enefldary.Provlda thaf the same mayr�tDe
<br /> _ �._. ._-_'a`.,::l-i:• ' cancelJedormadiffed wfGRatttStteen(18)days Prfar wrrJ(tan nattce b 8eneflctmY snd shaft Qave toss paysDtaprovtsiats fn feVVrofAnd
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<br /> � »:.,,-->. .--:,� tn fom�srxaPtabfa ta 8errs1;ct8ry.Rtt pramivms on btsursnce poddes shatlDe Patd t»the maruterPravtded rm�erR�A►�PAd Aeteot
<br /> _�`�,�.�;.��':_�'.:�:-:; ar.!f naipe101n svch manner.Dy Tiusrtorinalcfig paymerltatleastfr�aen(tS)days prbrtri drsCua dafe,dl�}r ta theUtattrertcs
<br />��,.? �-,:> can�er.@�llc�aNsha0Aav8�re dght io.Aoid Me paUctes and rsrc�geals thargatBndTmstcrdra!#P►amP'bYWml�to BeneRCl�r aeB
<br />_,�::, . �snex�alaatices snd ai1 paTa�remlum racerpts recshred Dyft/nrrva�aMsAall Bc�rr�dartl or 7rusieebe Ae1d nasP�s�efarfaERrgeO� -
<br /> �°`` .� . �.'���:': payfnsurance p�smir�sor torarryloss ordsmsge arF�ng or�tat a defectln em+p�tcredsJng out ofsnytafArte ofartyfis��ance
<br /> ',• ,r ,. .� : �A�D�PSY forsnyR�ss ordama98tnsured sg�orfarfepure 4y Ttustor(��the tnsuranCe i+e4+tli�ofReretrnder./n tA9eu�tt
<br /> �a; ��;s�;;.;�-;�-� �.'`•..°;:' .� oftos�TrustorshaAg�ivepmmpfnolicebymatltaeP�a�hswance canierandBe�eY•BerteSdaryrriayirtt�p,rrlOfofta�s8not
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<br /> r.,:...;.,.,. ;::-.£. madepromptlyorfip►+oparf�cm►DyTncsmr.AUpa��ssoftnsuranceattdanysnds€frafu►tds�tuce,�medptsrntumse�8ltere9Y
<br /> - ? " r,;�':•.;•°:�-<�xr �Slgneameenenaaryeseda�ro�s�Nrcrr�s�ayme�ro�n�e�ndebteanes�mmaereReafsene�aNary�sexe►�see�me�,war _
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<br /> �<,•. ;"�;�.�>,.���• ofsale cormal�tedAaneln,orfn the evC-r��f�i{�aIl rlghZ dtla 8nd Imerestcf Ttustorin snd to sny/ns�rtc9 pofkytlmn fibrce
<br /> �� :..�`��`�,,:"`: ' .� shalt�as.s m the pwchaser attlre tru��esafe ar�dosuressle ln casa ofarryt�thelnsurance prooe�dsmay,etMe opibn o!
<br /> �� ' Benefldary.Ae spp0ed by 8eneflcfay.�on t/te Indebtedness,orsny patt then9a�,and 1n such adera�M smaerai�s @ane�rClarythsy �z,°- —
<br /> ", `'•_ .�`'�w` defemibre;orsafd 1rrstrrance Aroaeea�c'gthe optfon of Benaflc/ary.map�fUie�De asedln replacing orresUDdng�rs TiustFrapeoty � �'�'' --
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<br /> ____ _.._,=.:r���.:. R��i�►tafaffYdesir+oy+cdto8�sati�NtoBene�clary;orsaldtr�sursnoepraceeds.orBnKpartiort�rsr�f;rmE�F�e ---- =_-_-- - - -
<br /> `� `���.�.;, released t�o Trusio�Un�'ess Beneflc��and Tnrstorothe�wlse agrealn wr�ng.eny s�h apPUcsUon ofinsvrance��� —
<br /> �Y '{� , � ,t�„���:r�� extar►d o�pastpone the due date of the Note,orariylnstallmeras caded far fhereln.orchanfle the smount ofsuch�:ftthe
<br /> ,�.f�`>� ;'�`.. < �� Trust Praperryts acquirEd kry BeneffclaryPursuani Lothaexerdse ot the powgrai�Fa►e ar othe�foredosurg.altt�t�a sridi�tteiestof �`__._
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<br /> L�,:.__..<;:�;�.:�:V:':.; 7h�stoNn and to srtytns�uav��praceeds payable ss a iasultofdamege to ttns Ttust ProAeriyPdorro the sata.r�C�+l���P� ���,
<br /> h�st
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<br /> :� := f;` , ta BenefldarY end shall De apAlled�ta tlre costs snd expensaR Includng.���3�Y fees,lrrcnmedln colfecting suM praceeds.tAen E..;��r�.•�.=
<br /> cos
<br /> `��;�-;,=�'�:�: � Irt Me mannersnd in the oMer provfded(2ereln. ;,`?,'`�-A== -
<br /> � ` :=�<�r`:,�yvs::�' � 8. PreservationarrdMalnte�tanceolTn�Fta'�perty.Tiustorwi0kesptt�ebulldln sendotAerlm mvemerKartoworhereafterer�on ;y�.
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<br /> � <�r�;�-:.. �,� ��.. " . tl�a Tivat Pnopertytn geod repatrsndcaRditla»and,w.lUnot commfto�pe�mft waste.wlUnot et��he desfgn br.sductr�ral charader *.�- t<�,,:_ __
<br /> =�; ,�`il,�. -�`�`•�.�fz:�:•'` . � ' coRStr7udngerry6uifdingnoworAereaBe�erectedca�'sndconstitWngtAeTtustBra�ertywfUrautfheprlofwt.tt��conseMOt ."'. -` ---
<br /> _�"�`` � '�`"`� Beneflclary.wlilnot do 8ny ect athing whiah would tmduJy tmpali ordepreciat�lfro valueofthe 7rr�st P�r�d wil/notabandon --- ��—
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<br /> : t " ' \ � the Tiost P�operry.Tiustor wf(1 aot remave sny fixtures consUnrttng Me Trus!Pro�Cq unless the same arerhmr�dfat�ey r+ap1&ced wlth
<br /> -. 14�'�l�t•?•� 'f, ,��
<br /> . : .:? like pmperrysubJect M iha!!en and�auirylnter�est of thls Deed Gt Trpst artd of at feastequal value and W�r y*.�trusmrwiD camply wltli :.,,r�.��.
<br />-- -:�,:;.�;�• • <. �.����° � < S= �:
<br /> a►1p�asc�rtand hMre o�dlnances,rs�atiorrs and r+equlrements afeay govemmenta!body whlc►r ere appUcabie to the Tn�t 3�ioperry ---:,�'�_
<br />� � ' and ta Ure accupancy snd use the�af.df Ws Oeed ot Tiust ls on a urts�ln s condominlum aa pianned urrft devafopman�Tfu:7orsfreD � '<<�
<br /> = � .:':�~,'�.:,,��:. :. . pe�lom►a1/ot Tiustor's oBE�aUons under tlre deciareUons a covenanis creatiirg�gweming tha condomiNrnirasthe p/anned unit "'�'��`���=_ '
<br /> _ `.! >- . developmenL d►e byrfacssand regu/affons of the condomtNran or planned unit d�r�opmen�and the consdare�rt dbcumeMS. t;:� u•.';�••'- -
<br /> �� _ � � � � � 8 InsFactlon.Bene�clary orlts agenis may,et al!reasonable Umes,enter upon the Tiust Pr+operly brthe pu�pose ollnspactlon. , •�,`
<br /> .r ��z. ,., .. ,
<br /> . � � BeneficTary sira/1 have no duty ro make such Inspectlon artd sAallnot be liablB to Tiustoror b eny pe►son!n possesston flftmakes or '`"�n
<br /> . ' talfs to make any sucA inspecdon - � •� '`=.�
<br /> ; `- .. �-'.��1.{7f'..�,.�
<br /> - ., j, � .. f0 Protectlon of Secudry.H Trusior fails to perbnn any of tlre covenants and agneements conteined In this Oeed of TrusL a►Herry ecKion , ;.���-:�^,::,,:-.
<br /> : i.:• =' � or proceeding ls commertced wAlch does or may adveisety affect the Tiust Pr+operly or the/nterest of TiusMrorBeneltclary Merein or . :v• :;;�
<br /> • ,,,� '� tAa ti8e ol Tiusto►thereto.tl�en Beneflcfary,at Jts op�fon,may perform such convenants and agreements,m&frD S�cA appaelances. �••
<br /> defend egainst and/nvesiigate such actlon or proc�ading end tatce such otl�er actJon as BeneficJery desms aecessary m protect Jts . " ,�'��-�
<br /> • lnterest including,6ut not limited b.dtsbursemerrt atreasonabfe attomey fees end entry upon the�rost Prope►ty to make repeira.My � __
<br /> �y ; amounts dlsbursed Oy Bene flcJary R+�►s'uar►f to t his parag�ap h 1 0,w i t A In t e re s t t h e r e o n,s h a l l c o n s tl t u t e I n d e b f e d n e s s o f T n�r _
<br /> ��' secured by thls Oeed ol Tirrst Un►ess Trustor end Bertefrclary agr�e ro otAer tenns o�payment,such amounts shall baFsyr�a upon
<br /> �;;=�;, .;�,..;>•,;;,i�:'� n o U c e f ro m B e n e fl c t a r y t o T i u s t o r r e q u e s 6 n g p a y r r e r.t t h e r e o f,s�r d s h a f!b e a rinterest hom fhe date o1 dlsbursenreni st rlra default rete, �
<br /> ���:;�;;� ' ' . , if any.set fortb Jn the l�are,or othe�wise at the higlre�'rate pennitted Dy law.Notlring contafned in th/s paragr�r sha/l ieQu�re • �
<br /> �°.�. . Beneflciary to lncu�arr�expense o�take eny sc�on nereunder.lrustor tnevocalsty authodzes and empower��arreficJary to enter upon . .,�,, ,
<br /> ' �:`i�'a, the Trost Property as Tiusrors agerst and,in Trustor's name or othenvise to peAorm eny end a11 covertants and agreemenb b be �.. _ .
<br /> '`��� performed by Trusror es herein provid�ci.Beneflclary shall,at its opdon,be subrogated[o s►ry encumbrence,llen,claim oi demartd ..
<br /> :. �.;:,.. c . � .
<br /> �� •'',��'`` � snd to a!1 dghts and securlNes fa the�ayment thereol pald or dtscherged by 8ene6clary under che pravislons hereof and any such , . ; .
<br /> � '.` �_ ' ' subrogation dghts shalf be additlonaJ a�rd cemuta�ve secarfty fo�ihls Deed of Trust ••��'� � ,
<br /> � 1 t. CondemnaUon.The proceeds of eny award or cl�irrr for damages,direct or consequentlal,ln connectlon wit�r any condemnation or �• ,
<br /> other teldng of the Trust Propeny,or sny part thereof,or lo►conveysnce In lleu o1 orin an�clpatlon o1 condemnatfon,ara hereby �
<br /> � ± � • esslgned to and shall be pald to Bers�ficlary.Trostoi wllf�de and prosecute,in gaod talth and with due dAlgence,its c/alm!o►erry such , - . -
<br /> � '�� awaM o►peymen�and wllf cause tP;e same to be ColleCted and pald to Beneflclery,and,ahan!d it lail b do so,rrusror imevocsery •`� :��
<br />_ i i� � eutharizes end empowers Beneflciary,in the name of Tiusto�o�othenvlse,to fl/e,prosecute.�etrle or compromise any suc►r claim and "���
<br /> b collect,�ecelpf for and retatn the proceeds.I/the Trust Property is abartdoned Dy Tiusta,ar,afte►noiice by Beneflc�ary ta Tiusta :.`�?j<��` '
<br /> � . , ;,' ,.-�
<br /> ; thaf tAe cortdemnw offers to make an award orseide a clatm br damages,Trusto�tails to resaand to Bertefrclary withln thlrry(30)days ,����•;;;,,!
<br /> :�° � aftei Me date such nofice is maited,Benerclary Is auehodzed ro collect and apply the proceeCs in the mart»er irtdicefed hereln.The �'����:•
<br /> �;;,::.�.. proceeds o!any award or efaim may,after deducffng al!reasonabfe costs arrd expanses,incluW'ng atfomey€c�s.whlch may have • .
<br /> . ;ti�". ' beenlncuned by Beneficiary in the callection thareol,at the sole disc►eaon of Beneficiary,be remased fo 7rr;stor,applied ta .
<br /> �: � restoreUon ol Trust Praperty.a ap{sllc-tf to the payment ot the lndebtedness.Un►ess Beneflcisry arrd Tru�tor othenvise agree fn wdting,
<br /> �•Y: . eny such appllcadon of proceeds tc tndebredness shalt not extend or posKpnne the due date of rhe Nore or the paymenf ol any
<br /> ,���?� � � insta!lments cslled for thereunde�
<br /> #. .: � t2. Tiustor Not Released.Ext+ans�on o/the alme for paymeat or modlNcation of eny smoniaaUon of the Indebtedness granied Dy BeneNclary
<br /> �; �' � to sny successoNn/nterest ol7rusta shall nof operate to retease,In any manner,u�e aaba;ry ot rn�sro�and rrusrors successas rn
<br /> Interest Benel1Gary shalt not�e requlred to commence pioceedings egsJnst such successo�o►refuse to extend bme far payment o►
<br /> It '� . otherwlse modiJjr amo►dieffon o!the Indebtedness by reasan of any demand made by Tiustio�end Tiusto�'s successo�s �
<br /> 1 ,jyi !nlnterest i
<br /> t3 F/nancla!fnbrmaQOn Upon request ot 8eneltdary,Trustor will provide ro BenefiGary,within ninery(90)days o!the c/ose of each fisCal �
<br /> �� `p► yes�of Trostor.the consOUdated Dalance sheet and statement ol esmPngs of Tiustor end any and afl guararttors of the Indebtedness I
<br /> secu�ed hereby,!!any,end w!!!provlde and defiver to Benehclary svch o�►er 6nanc�allnformatlon snd In such manner as BeneBc/ery
<br /> `��r, may reasonaby req►rest from tlme ro tlme •
<br /> " : ; a ' f4. Financ/a!Covenants.la additlon ro sny other financlaf covenanfs ol Tiustor made!n any othe�ag�eerrrent.lnsWment or document,
<br /> � ;�. � Tiusfo�sh811 compy with end shall cause any end ell gua►antas o/the Indebtedness secured hereby to compy w;th.ar be tn
<br /> : �• _ • ' . � compGance wfM,the Poflowing Nrtanclal covenants:(flds paragreph ahall not appry if covenants end requ/rements are not set ,
<br /> ��, •..�, _ - lOId1 h@IIBM.)
<br /> ' _ tf:. ScAedule ol Leases.W;ttUn ten(t0)days ef�r demand.Trosto�sAs!!ftrmish to Beneficiery a acAedu/e,ee�GiNed to Ay Trustor.sei6ag .
<br />_- � - ^-_ laitlr alt leases af the Tiust Pr��:x�;�a:s ihrrreot.tn.Nudingln each case.the name of tAe tenanls orxcuQ�nts.a descnpuon r-'-�- _-- . _
<br /> � '- . of Me apaee oceapted by such tenant or aceupanL tAe renta!paysbfe fo�such apace,ertd such other 1Marmation and documents wrtA
<br /> :, :.
<br /> re s p e c t f o s u e h f e a s e s a n d t en a n c l e s a s Benenci a ryma y reasanaD ry re quest �
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