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<br /> ,�ri,, asa�p�sd tm�snaltclary aa a(/�ofomi s�cuiry Ibr 1hs Wymsnt W flht�ndr0[�dhss�.M fhe er�rK d BsnMclary a�cerr�as of�e9i?oN'w
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<br /> BrrMA�clerY;bs aPPYsd bY Bene�C+�ryupon fhs Nid�s6(sd�ss.or anYDart thsrso/,andln auch ord�r ar�l�rt�otnt at BenMP�JaY rtM}► —
<br />- � d/lrrn�Y►s;a►said InaaranC�prr�cNHs,af qrs o/�fAOn d Bu►Nicl�►Y.rr►eY eltl�sr bs,�ts�dln nrplac/n�ot»sliorhy d►e TntnPrvp►ry �
<br /> f n� ; p�►aAyatbtafYdeaWyedtoeca�df�naa�faceoryuo,8rns�Cfary;aaaMlnswar�csprocseds,oranypora�nntl�eot.eral►bs
<br /> �"���� � �• ' nk+�sd to Tnrsaor.Unkss BanelPciaop and Tnxs�r otl�erWfss agee orr wr�rr�,enY auch eppfcaieion oflnswancs procse�ls aJ►�1 rat --
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<br /> - �:r..�`:;::::. ; .. . 4x[e�M apoetpons fbs dus del�uE1M Nolo.orary bsWlmerrts caiad 1�or�araln.a ch�npe the an�own o/such 1nadWma�b.Uthe , �.—
<br /> • TnutF7ops�ry ls aoqdred by BenefrcJa�Y parsuant ie C75e axs�cise of the powe►�f sak or Whe►fbrecbsure,aN rlghb�Ce entf tr►tere�t d � �";' _
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<br /> t" ^-" . ... .; • TruatarJdend tb anylnsurance proceeda payabJe asa iAwtt d damage t1�the�iust Arq�erty pBor to the sale aecqu�lslaon aAaNpass �`'�. ;.�_
<br /> .. �f��`;, �`' � b 8enelklary erMshall be aPP��rst m fhe ca�ts an0 sxpeese�h�c�rd�n9 alt�»�eYfess Incwred/n coHsctlpQ auch pra�eds,ihen , . :`;��,.,�:'
<br /> :s; ^`+:�. � <��: ln ths msnner and ln the order provlded!►ereln. � � � :.=x.r_
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<br /> :°;,,: ,; r',���,: • =�' : . 8 Prosstva�nM/n pood repel�and�and w!N notll k���bur����othe►Im��nn �cf►aracllat : - ''-`
<br /> 1 .-� '.';(;[:c.>r-, � �,y.,�,}� /�.��. .. r '7' °" _
<br /> �ir•';iv,� COf14��`n".Q/811j/.^.'„'•'i1/IOW Of/!A/IAR9f'CIbCIOd Ofl 81lf�COI1ShcIl�I1Q 1�r�LS��Qp6l�j/HllfllOA�}h9 pl�Ol 1Y11�1 COASB/lf 0/ , : "�..�
<br /> ' '�:'`=,L . BeneficJmy,w/N rat do any act aWnq wNch woWd undey/mpalia depreciateifia value'ol tbe Tiust Properly and wlll not abarMnn:.'�.�= • °
<br /> � : � ,�� ` • ,. ths Truat Frnperry.Tiustor wlNnot ienaveeny Nxturea constituo'ng the Tnut Prqpertyunless tl�e same arolmmedlete►y�placed wAh � , `' ' ,_
<br /> , ' . ,-` � . Ake prope(tyaubJectb iheBen atM secmfly Interest ol hJl9 Deed oiTiastarrd af aileast.equa►Vatue and Wliry.Tiushj►wlNcam p l j/willt� ` � , ;-_
<br />,;.�„�c:. �.....__ ..__.._T.:c;;:_:::- aH preseet and/utu�e ordk►�c9s,�egula�r+s and requlrements olany gove/nmernal body w�rirah are epplkable to the Tnst.A.mper[y _.�,,•::—�,---
<br />" • , `•`,���' and to the accupancyand use thereof.If thls D�eed ol Tiust!s on a cmitln a condom/nTum aa pfanned unit developme►�1'rr�s;ofshaN : � ' `':r•,;��:..
<br /> : ;�.,�,;,,. � ' perAcrm alt o/Trusto►'s obligations urtder 1he declarations or covenants a�eatinq agoveming tlre condominlum ar the planned umt -� ` ,�..�
<br />_- , � developmen�the bylaws and regula0'or�s W the condomtntum a planned un/t developmen�and the constltuent doCUments. ''' . .
<br /> _'���`` . g. Inspec8on.BeneNclary orfts agents may,at aH reasanable Umes,enter upon the Trust Prope►ry tor ihe purpose o/lnspec6on. _ .�. ;
<br /> 8s elklary shaJl have no dury to make such Jnspec�on and shaU not be IJab/e to Trusta or to any person!n poss@sslon illt makes a
<br />�'�.r;;,` ' . . � falls to make any such lnspecUon. ;� �
<br />' �::` , ' 10. Piotectlon of Securiry.ll Trusta falls to p@Aorm any o�the covanants and ag�eemenis contained in thls Deed ol Tiust oi N any eCalon ' . �'
<br /> or proceeding Is commenced whlch does w may adve�sefy aflecithe Trust Property or the lnterest ol Trusbr or BeneBclary thereln a , .
<br /> �::;.,'; ' the tltle of Tiusto►thereto,thert Beneflclary,at lts optlon,may perform such coavenants and agreements,make such appearances,
<br /> defend agairrst and imesilgate such acdort a prxeedJng and take such ather action ss Benellclary deems necessary to pr+otect its .
<br /> '' �. �. lnte►est/acluding,but not llmlted to,disbmsement ol reasonable attomey fees snd entry erpon the�iust Properiy to make repelrs.My � !
<br /> amounts dfsbursed by BeneNclary pvisuant to ihls paragraph 10,wiih interest thereon,shall consGtute lnCebtedness of Trusta �
<br /> . secured by thls Qeed.of Tiust Unless Trr�sto�and Benefklary agree to other terms ol paymer�such amounts sAall be payable upon '��>;•
<br /> � ' ' no8ce trom Beneflcrary io Trus[or taquss�u'ng payment thereof,and ahall bear lnterest lrom the date ol dlsbursemeni at the delault rate, • �
<br /> ' � , ' H any,set forth In the Note,orotherwlse at the hlghest iate peimined Dy law.Nothing containad in this paragraph shall require j ,,
<br /> � � ' � ��" � Benef/clary to lncur any expense o�take arty aoUan hereunde�Tiustorinevoca6ry euthonizes and empowers BeneNclary to enter upon I ��� �
<br /> � " the Tiust Properry as Trusior's agem snd,In Tiusto►'s oame or otherwlse io pedorm any and alf covenants and agreements to be -
<br /> � . � ' �oeAormed by Trusta es hereln provlded.Bene�iclary sha0,at Its opllon,be subrogated to any encumbrance,Ilen,cfalm a demand . • '
<br /> '��. • ' end to alf�Jghts and secu�lUes fo�the paymen�the�eof paid o►discha�ged by Beneficiary urrder the provlslons hereof and any auch
<br /> � aubiagaUon i/ghts sha/l be addiHona!and cumula8ve securiry Mr thls Deed of Tiust '
<br /> ' ' 11. ConrJemnatlon.l'he proceeds of any awa�d or clalm tdr damages,dlrect or consequenNal,in connecfJon w/th eny condemnadon or �
<br /> ' other taking of the Trust Property,or any paR thereol,a for conveyanoe!n lleu ol orin anticlpation of condemnation,are hereby
<br /> • asslgned to and ahall be paJd to Benallclary.Trustor wiJl file and prosecute,in good falth and with due di!lgence,its clalm foi any such
<br /> � ' award ar payrrrant,and wllf cause dce same b be col►ected and pald fo Beneflc�ary,and,ahoafd it fall to do so,Tiusto�1�revocably
<br /> . AW�oNZes And empawers Benellciary.in the name af Tivator or oaherwlse,to Ble,prosecufe,settle or compromise arry snch clelm end
<br /> M cdlect,reCelpt fo►and retaln the proceeds.B the 7►ust Property/s abandoned by Trasto►,or,alter no0ce by BenellcJary to Tiustor ' �."
<br />- �, , that the condemnor ofle(s to make an award orser'8 a cfalm fa damages,Trustor fa11s to respond to BeneBclary wlthln fhhry(30)deys '
<br /> after tlre date sucb notice is malled,BeneNclary!s authodzed to collect and apply rhe proceeds In the manner�ndlcated heroln.The �
<br /> `? � proCeeds ol any award a clalm may,alter deducdng a/l reasonable oosts and expenses,lnc/uding attomey fess,w1►tch may have
<br /> ' beenlnCtraed by BeneflCJary lo the cdl�ctlon thereol,8t the so/e disc�etlon of Benellclary,be�eleased to trastor.applled fo .
<br /> � , � , restaaUpn ol Ti�st Prope�ty,or applled to the payment of dte lnaebtedness.Un/ess Benellclary and Tiustor ofherwise agree in waUng, ; ,
<br /> any sucl�appllcafkn o!proceeds to lndebtedness ahall not extend or pastpone the due date ol the Note a the payme�et of any
<br /> � � lnstallmenls ca/led foi thereunder. -
<br /> - --- • •. � i2 Tiuslnr Not Released.Extensron of the tJme tor payment or modilJcatlon of any amort/taUo»ol the lndebtednesa g�anted by Benenciary �
<br /> to any successa ln/nte►est ol Tiusta sAall not operete to refease,ln any manner,the liabllity ol Trusto�and Tiusroi s successors!n
<br /> lnteresL BeneflcJary sha/l not be requlred to commence praceedings agalnst such successa�oi refuse to exfend i/me lor payment or
<br /> • otherwlse modlfy amortiza8on oJ tha InAebtedness by reason o�any demand made by Tiustoi and Trusioi's successors
<br /> , � !n lnteresG .
<br />'` � 13 Flnenclal Into�mallon.Upon�eqttest ol Beneficlary,Trusto►will p►ovlde to BeneBclary,withJn nlnety(90)days ol the ckse ol each Bscal
<br />, 'i y jleaf OI TRIStO/.the consdJdeted bafance aheet and statement of eamings of tiustor snd any and all gus�antors o1 the Indebtedness ,
<br /> ± secured hereby,Hany,and wU!pr+nvlde and delive►to Beneflclary such ather�inanclal lnformation and!n such manner as Beneliclary
<br />: � mayreasonably request han tlme to 8me. • �
<br /> � ' ' . f�. Flnanclal Covenants.In additlon to any otAer financ!ffi covenants ot Tiustar made ln any oth�r agreemenL;nstrument or dxument,
<br />=--.-.- - --_- - - = t�rutorsha/t comply wJth and shalf cause.enyend all gusrantars of the ladebtedness secured hereby to cor»pty w;th,e�be!n . ,_ _.,
<br />" . � compllence wlth,the folbw/ng�inanGa!covenants:(Th/s paragraph sh2ill not appfy if covanants and requliements are hvt set '
<br />- fadb hene/n.) . ..
<br /> � '' . ' ' �. 18. Schedule of Leases.Withln ten(10J days a/ter demarrd,Trusto►shat!fumish ro Benellclary a achedule,cerdfied to by Tiusfor,settirtg ,
<br /> � ; ' • • MAh aU leases ol Ure Tius1 Property,or eny porElon thereol,Including ln each case,thename ol the tenents o�uccupa�rts,a descdpbon
<br /> � . � ol the space occupled try such tenant o►xcupa,nt fha renta/payeb/e loi such apace,and such other lntormation and dxuments wifh 5
<br /> . iespect to such leases and teaancles as Bene�iclary n�ay'reasonabtyrequest 5
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