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<br /> � �_,_ •. _'°`�?``�`` �b Truseor_�3'fiess Benel7cTnY and TiusNor atl�erwiss aqras k►w►►any,�Y�h aPP�o/inw�anCS proceeda aheN�ot_ --�'-
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<br /> . . ..,. ro eaiefPdary andshan be apa�iem�t to�he co�ts arM sxpsnss�,incl�xing altor►�sY�r.�.a�ir��o�cb�g auch procssds.tBan •',� �.�„�..._
<br /> , .. �, . in ths marx�er�nd in(he orderprorrded herein. _ �� • : • '• -• _:� �
<br /> 9.ProtervnEtoa arM Maintenance ot Trust Propery.Tiuslior wiN keep the buNdk►gs arr�otl�er ir.�praii�mer►ts aeog'e��heroafter erociedon. -' `;�Y `
<br /> �. . . ibe Trust A'opertY/n 9ood�pair aad ca�ddon snd wAI not camnNt apem�it was7��w1N rat a�s the 0�a�rsbuchaaf charactsr .',_�'g=`
<br /> � �S,• C011�1�pg 811j►WdldlA�IlOW Of flBll9�'@16t8C�011Bllf�COIfffilhlf/lig fhA T/flSf�fO�Iry IY�'/1QL1�?/IB pfr0►Wll�ld1►COfItNK OE. •�;,�z �,�,
<br /> ; , .' gone.5;?�y.wNl not do any act or�tng wf�lcd waAd u n d u t Y�m R a►►a de p ro c/a t s t h e v a N r e o�7 h e T i u s t'P r o p e K Y�w,71�abandon :-��n :_
<br /> - .. . _ , t�e,Tir�St Prupe�ty�Tnrsiai w!N notaemave any ffirGures.consEih�tl►r8 the Tiust PnAP4�Y uMe�s 0l�e seme tus hnmedfately�ad witN ,. ,Y � -
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<br /> '..: lik�#sra�peitYsuA%ecttoiAe Nen and seCUr1lYl�st o/this Deed ofTierstend�8t teaSt equat velue andufllFN•TiusADr w(Vlt��n�y witf► �'���`.
<br /> ... ' , .
<br />_ -- - .,...---.� -�--..------�-� wfYch are sppJkable to tlte Tiust Prv�e►ty •' � ''='�=
<br /> a11 present and future a�dinances,r�yu�'aftrons and requlremen�ot any goverrvn�al bodY °.�•�.:_
<br /> 8y n -
<br /> �d m�o�cr�pancy and use the�of.Jf fhls Deed of Trusi ls an a unit In a casadaminlum a a p/anned rx►it developmerM t'rusM►shaE� . . _
<br /> . o
<br />- peAarmall o/Tiusto�'s oWiga6ons under the declaradons orcovenants creaBngw goveming the condaminium or fhe plan�ad uMt • :
<br /> � . � devele�r.men�the by/aws and regul�ohs o/fhe condominlum a p/snned unit developmer�ar:d the cor+sdtuent docume►ats.
<br /> �� 9.InspecUor►.BeneflcJary a its agems may,at all reasonable�imes.enter upon the Tiust Prop�2��pr the purpose of Inspectlon. :- . ,�_-
<br /> �� � . . ' • gene/klaryr ahalf have no dvry to make sucA lnspectfon and shallrat be Nable to Trustor a t4any pe�son ln possession Nitmakes a _ .
<br /> 1 � � � • � falls to make anY such Inspecti�on. � �` -_
<br /> .:s , 10.Protectlon o/Secwity.HTiustor falls ro peAam any ol the covenanls and agreemen a�Intere+st ol Tiu�a rBeneflclary thereln a , , �1=:°
<br /> pr proceealing Is commenced whkh does a may adverae/y eflect the Trust Prope►ry . -f-�.�.
<br /> � ' the�tde of Trusta thereto,then BeneflCiary,at fts opti�on,.may perfonn sucl►comenants and agreement8,make sucb appea,�nces, '':
<br /> � defer�agalnst and investlgate such 2ctlon oi proceeding and take suCh othe�acdon as Benefielary deems necessary to�raatect las .
<br /> . ro ake re�atrs.Any _�i:
<br /> ` � Ini+arest 7ncluding,brri not llmfted to,disbursement ot reasortable aKOmey lees and enfry upon the Tiast Property {r► �- ... ._
<br /> � amou►a*s disbursea b�8eneficfary pu�suant ro td�as pa►ag�aph 10,with Jnterest thereon,shall cons�tute Indebtedness olTirrsta � ;:
<br /> � secure4 by tMs Deed ai Trust Untsss Tiustara�d Senepclary agree to other temts of paymeni,sach amounts s h a N b e payable upon � �• .4}
<br /> . � ���nam 8enefrciary tp trus t a r r e��e s tl ng paym e n t t h e►e o l,a n d s h a l l b e a r/n t e r e s t f r o m t h e d a t e o f di s 0 uisemeM at the defauit rate, �
<br /> if any,set laih/n the Note.or oihe1wise at the htghest rate permltted by law.Nothing contarured!n this pa►egraPh sAa/l require � �
<br /> . � � Bene�iclary to lncur arry expense ar take eny action hereunder.Trusto►lnevocabty authorfzes and empowe►s BBneNolary b er►ter uPa► ..'°F� �
<br /> •. ' �' the Trust Property as Tiustors agenf and,in Trusto�'s name ar othenvtse to pe►►orm any and eJ!covenantss and agreen+ents to be - -
<br /> a
<br /> �� . � • : �� pertwmed by Tiustor as herein Drovrded.Benefci�ry sha11,at lts opUon,be subrogated to any encumbrence.llen.ctalm a demand � �
<br /> . ;, ar►d to all dghts and securitles for the paymeht�hsraol paid or dlscharged by BeneNcJary under the p�ovislons hereol and any sach I
<br />� � • ' subrogadon�lghls shall be adrArtrona!and cumu/aSve secuBry lor thls Deed af TrusL � .
<br /> • f 1. Con�"emnaUon.The proceeds af a:�award or cle/m for damages,direct a consequerrtiai,in conrtection wlth any condemnaUon or � ,-
<br /> other taking of thQ 7rust P�oper�g�or any part thereol,or fo�corrveyance In lleu af arin anticipatlon of aondemnaUon,a�e hereby .
<br /> - � assigned to and shall be pald ts Beneflclary.Trustor wltl flte and prvsecute,In gaod faith and with due dlllgence,ita clalm for any such > .
<br /> � t awa►d a peymenf.and will cause the same to be collected and pald to BeneSclary,and,should N fail to do so.Tiustor/nevocably � ,
<br /> authodzes and empowers SenefiCtary.ln the name of Trustor or othenvlse,t�fits,prosecute,settle o►compromise any such cla�m and ;
<br /> . to coll8ct,recelpf fo�and�etain L'�8 proceeds.U tbe Trust Properiy Is aband�ned by Tiustor,or,after notice by BeneflCla�yr to Tiustor , �
<br /> that�9 condemnor oflers to rake an award or settle a claim ft�i damages,TiusZOr lails fo respond to BenefJclary w/th/r r?t�ty(30)days :(,
<br />� • � � af:�r p�e date such rwtice!s�raa`��BenefrcJary!s authorized.>�c�Nacf artd apply the pr.x�Os!n ihe mannerindicafe�'1�reln The
<br /> : ; pmceeds ot any aweid o�cl�;m r►�ay,after deducdng a0 reasanabre casts and expeeses.�nc���ing attomey fees,whit�*��ay have . .
<br /> been Incurred by Beneflciary!n tJie collecBon thereol,et the So1e discretian a48eneficiary,be rekased io Tiustor,appii�ia � '''.
<br /> reatoradon o!Tiust Piope�y,or appped fo the payment of the lydebteQness..Uti'ess Beneficiar�and�rus���rerwlse ag�ee ln w►iBng, .,
<br /> any such appqcaUon ol proceeds to/rtdebtedness shall not extend or pos�o^a the dve da'e of the No'3 v.•2r:e paymer.�a!a�y
<br /> � Installmenta called fo�thereunder. �
<br /> � • 1Z 7iastor Not Released.Extenslon of the Ume tor payment or rr,c w'+'�caUon ol any amoNzaGor�.��re Mdebtedness graace4 0`�BeneNclary � ,
<br /> � fo any arrccessa ln Interest o!Trusta sha11 not operete ta release,!n any manne�,the IlabiliP,�v!Tiustor and Tiustor s s.�ressors in
<br /> lnterest.Benerclary sha11 not be requt�ed to commence p�oceedings aga�nst such s�ccessor o►refuse to extend time for payment m
<br /> � . ' offienvtse modFty emortlaation of the/ndebledness by reason ol any demand made by Tiustor and 7�usto�'s successars ;
<br /> - � !n iMeres� .
<br /> . 13 Fk�r�l811nlo�matior�Upan request ot BeneBciary,Trustor will provlde to Bene6clary,withln ninety(90)days ol the ciese ol each HsCal
<br /> ' +� year of Tiustor,the consdidated ba/ance sheet and stntement ol eamings o!Tiustor and any end all gua►anfors ol the Indebtedness �
<br /> �. , seCU�ed he�eby.11 any,and wfll pravlde and delivei to Benenc�ary such other Nnanclal/nlormallon arrd in such manner as Benelklary ,
<br /> ;. may reasonably request fram time to dme.
<br /> . � '_ _ . . _ � ,. ft. Flnanclel Qovenanl8.In add'rfi�on ta any other tinanclal covenants ot Tiustor made�n any oth��ag�eement,Insbument o�document.
<br /> ..
<br /> � • � �� � � Tiusia ahall comply wfth and shail csus9 any aad al►gua�ra►s otlhe fndebtedness secared heraby to ca�►ply w►th,ar a =•- - - -� -
<br /> ' � � compllarrce w1th,the tdlowing Nnanclal covenartts:(Thls pa�ag�aph shaN not appty it covenants and requlrements aie not set ' •
<br /> .� lbrth herein.) •
<br /> � ' ' fb. Schedule o/Leases.Within ten(f0)days after demand,Trasior sha11 luMsh to Benefldary a schedufe,ceKified to by Tiustar,set�ng ,
<br /> � IbMr aN leases ol rhe�rusf Propeny,o�any poAlon thereo%Incfudr�In each case,the name of the tenants o�occupants,a description •
<br /> ' ' ol the space occupled bysuch tenant or ocCUpan�iNe�enta!payable lar such space,and such other inbrmatlon and documents w'�th
<br /> -. . respect to Such leeses and tenancles as Benelklary may reasarably request. ; . •
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