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<br /> s`` , '{' - h�St1lF]RC@�fGlii!!iPl18.B7QURGIl81t18,&Ird iTllOt�f91Cltc?IgBS 6+lAttlSfSG81!@f/31tJad U�tOff Of 89S83SOd.Pfaca9armardo�p�r#n�7.?hA�ti�urai:°:•.' ` ' ��{�'y -
<br /> , 1.. , : � Pm1r�rQr:TNOtorfLNrnre�s,upan►+►�tftaRr��r&s�by8eneficfery,�pro►nptrydel,vertoBsrrQ�':�Esrystl�fp�t��Ht�lajm�frat
<br /> � s�rch c7��QQa.:TrustcrGkewlsa�$�aas t�prsy sLltexes.asSassme�cfs�rr�atTter cAatgea lev18�u�tcn ar essass�di At13as8�ir�t��t,r:� ���i;�
<br /> • � • agalnsLprmaesuredby,tRi�OesGof7tustort�orecardaUanhe�nt. � -
<br /> ' � AppldartUon ot Faymonta.All poyment�recetved by BsnefJctary t+�s tosrry�s��Ilab,�'ity arobtigatttrn oava0 td,8e��lrlmy!by„7ni�� � %` �-�' _
<br /> , � may bo ap�sd b/Barsofra�tvylothepaJrme�tafthe Indaetedness arro srry sucA otTra,r deB�L li�bft.7y orobtigJaNanr in�+�srlms�i':=:' +��r;� � ` -�
<br />= • A martrtsr.at eFa�Y•tnite absatrrtr�discr�Uon,deems appro,prfete.UMsss otherw,�s�et�tad by,�ntY.ra�ri�ry '� ,F;.�¢}r°�`-
<br /> a�ll�otian�vhlaA B�rteB ..
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<br /> . Euch�ayment sAal1 bo daema@�p�tt�fUsito�re paymaefotany dsD4 fiaelGtyor oDltg�ttae otherthen�the tl� .:. , , Y:: �'^`'-�"".-�-?
<br /> . : �, CAsr�r3s;�Jens.Tnaa�r�rlff lcee�ths Tr�eot Pr�er�r Iree ho�altQsns snd encumDrairces�vglch in srry tivay 9nt�!n tlra�atd�l���'" � .- .. �- _=._
<br /> -� � BertaBattuy,A�s Pdarfiya�er.arlmp�tr tha seceeny af�dris Dnsd o#Trosi but Trustaneed nci disai�rga strysu�h•5i�n,a��rnQ:�a:
<br /> . ; ..- _. ._....... ... ... � Tnistcrshe$g2�,!n vmUng tapmythe W;ligt�ttlon sesur�d0ysuch tian tn e�nenneraccepffibto ta�aneRcf�ry end s?�et��ri gaa�C�aith �` . _
<br /> . -__-=•'�� � eonesstrruuctrlt�nbYs�r+�D��Ba►F�din3seffs�vefopravantttroe8torcam�rr+to�thQ�enfu�dthata�o�9arry.�►�ffi:�h;ar _ - -
<br /> partoftlre Truat�Qo�yr. :;• `� �_.>
<br /> ' I - - �J. HazarQ Insurartce:Tncstor ehriHlreep thQ buflding3 sndo�rerlrrrprovenz�nts rrowex(sYtrtgorhereat[areracta�on tho Tru�Arnp'str[y ;_ ,
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<br /> . lnsvred bylnsurance cemfors satisfactaryta Ssnefir,faryag3fnst loss Dy6re,hazands incfuded ln the term"�rrter�ded•aa►a�+r,r��t'''sr►d. . . �.,.�
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<br /> suoA ob`rerhamrds.ceauafbas andcomingvactes as meytre reqrdned by 8eneficta�y.ln such amo�r�ts snd fors�ci�podada�a maybs. ,. .. :.,, . •-•.-•_-
<br /> � ..- .� -. ..--: --- ' re9rdrad 1vj6arteficisry.�Th�poGcyotlnsumnceslre116a in thrm acceAteb:e to 8mrefraEary.P�v/tf8 fhat the sama m�tl�nM[}Y� �.• , �;i� :__�_'
<br /> (= i.. � . - - cencefigd ormodiffed wr�auififteen(15}days prfor t�tltan noL'ce to BeneSsfary.and slta/1 hsva foss pt�y�bGa paovl��n�i favaratmra t. .;r k. F s.���- :
<br />-- . . � infa�rrr acceperr�la to B�rtsBctary.NI premtums an Insura►rce poGdes sha/1 be pafdln th9 manner�sriovfdad rmd�evp�ra�rieph 4lrereof ; � , •_.:�. �
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<br /> �-� ' ot.ifnot pafd tn sucAmanner,b/Tivstarmakfngpaymo►rtat/esstfiReen{f6}days prJwto fhaCua date,direaby!ro N�a�nswence ,,. :-,�`-,:��!',',' . *
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<br /> � cerrder_6�rteScfaryahell haue tFte rigdt toAa[d tire po�ates end rene�a►sfs the�rot a�M TrustossT►a0 p.tnmpiiy�ium�+t tu�ineflclalye0 :�
<br /> � � �erte�a f no baes sn d a t!p a f d p�v m l u r r a ro c e ry a l s r e c e fi►e d D y i t!n a o e v e r�f s h a t l 8 s n s f i c�a y a�T r u s K�e b e h e�8 r a s p a�i�`bt a forfa3lura to :�-.�••' '°.�`�:•F:':����
<br /> FsYlnsur�nce Fr�mlurres ortareeyloss ord�magQ edafng outot a dQfectln anype�cy a srisf»g cutofany.TaBitiea�enYlnsUrartce �..:� � .
<br /> corrr�ar►'lmPay/ara►ryluss or d3mag�U►sur�d agshtstor tor fa!lrue b Tn�sm►to etfoct the Tnsuranca re�t+�ed ber$imde�(n the emenf ;;/;,•�'' ..�,��
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<br />- offnss,Tr�astaraha/1 give prarnptnobCe b/meil to the�nsurartce cairier and Benefictary.Beneficfaymaymatra pmol otfassfiaot �. '` _ .����:;.-=�..w_
<br /> ;,- •� , . . merfe pmrrrryflywfa piopar farrai 6yTrvatar.A!t poCclas o�lnsurartce arsd arry artd eU refrrnds af tmaamad poem6vrns are hereDy . . ..r:r,;r;?�-a�.�.
<br /> • asaf�rte�ta&anefrcferyasedditlonaJSecuriytartJt�paynaemotBaeUdabmdnesslnthee�aniaf�snefl�t�y'&�rdsaofthepmver : �,�'�,� rs.;`•:'-
<br /> ofsafs can�reaP hsrofn.orfn tha euentoffarec(asure.alJrigh�tr�o srtd i.m�resia3Trusiarin and tu anylnsuaar�a9��oGcytlren in farce ��.� ' y�;
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<br /> '- :_.:�,:-.�,: . . . ' . strol/p�as tothe prrrcl►eseratthe trustee'ssa/eorf�r�ctosure sate_lac�atanylcss.the ir�surance{rmceed��ay atthe opffan at - - - ��.---
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<br /> ihr� �; •. BsrtaTicF�iy.�ar�pp6�atb,�8snsficlffiyo�on-tlrehrd�dm�ss.aanYP�t�a6;andtnsuchordgr-a�damar�nkas8anetJcFary.may_... .. •�---� `� ,
<br /> ;,�1 r; " d3tBmt111B;iur sai�Insurarrco pl�eds.at the op6an oE l3�neficisry,may eitfter tre uwod fn rap!�atng or resi�tn'i�(j:�e Trust Propery - � ��
<br /> �� '�"• ar da.sUa�dtoeocnd7ri"ansatistsctorytoBenofrclary:arsaJdlnSUUancapmceed�areny.PaabOn?ihereof,maytse . .�.� A:
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<br /> .. . �,,.', rel8asedLOTrvsi+ar.Unl�ss68neficFarYartdTiustorothsiwiseagreeinwr�rrg,�Y��app�onofinsurrana��mceedsshaflnc� . _��:�,�
<br /> ',.�, , :::;.'; extc3nd or�OOStpone tlea due d2te of tRs 61�tstm,wenlllnstaBmerns called for tlx3reFri,o�change�a amou�t of s+lah tnsmllments.!f tl�e • ti -:.�;,,z_—�
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<br /> ';:-�. : . , • Trust P�'op'artY�s ecVs�ir¢�t�r B8ne6cfatyputsu2nf to tho exarcise ollhe po.verclsa�Q►aiherfa�eclosrne.a!f'If.gM,title snd lnferestof --_- -- - ��.;.
<br /> :: � ., , r . TrusO¢r!n and to srryfi�s�rrsrrce p�ocaeds pay�bfe as a resuli oidamags to th0 Trr:�i•b4roF�MP�1ar m tlfe safe anacquls�Yan sTtaDpass . .. ,`1.:���
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<br /> �:i;� ;� toBeneBcfa►9rand sltat!bc3 appfied h�st t0 tlts costs end expsnses,lnc/udng atronx�yi�es,lncuned in co6�ecitui�•srrch p�ae:eeda,tlren , -° ;:.�
<br /> ��•',. In tlre mannerand 1aUtQetd�rpro�laa�heretn. : ��''=
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<br /> � :: 't��;=,.:�.,,';/ .. . � Prasertra6aaandMafn�ru�rcce.aF7rr��i?S���tty.Tiusrorwilli�eepth�l�aa�dutgsandoU�eilmpm►emanlsnorvc�he�eaftereiectedon • ��,.'.� • .':
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<br /> ' -+' ' tlte Trvst PYU��art�in gdCG���arr&.�:'t�rtd'"�on arrd wi1J not cammit ar�r7�vasla,will noi sfterth�dessign ar.S&uctufel cAarader - ` p;`,"'v �',
<br /> � constitutlrtg enybulidtngRa�4td�c}�t�c�rnectBd an and constitudng itrs Tiust Propa�tywithout ifrra pdov wrltteq;conser�t al s i;'��>�� '
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<br /> y i`••��;<<;Y�,,� Bartefictary.wr7lnotd�errd��a��m�c,w��icf►�vouldurrdntyimpalrordapreGateihvc�lueaftheTiustFioparl�andwillrrofabandvn • • • �,:fs:�.��, ;:�
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<br /> fhe 7rust�i0p��iP,r.tassic�xrr71:isc3�any fmtrars�cc�sOtuOng the Tiust P�p�iy im�lsss the sam$ara JmmeaGately replaced witl� �}�: , � ,,, �
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<br />- '< < `:,� ,..�;: 6ke ropartysu�ecttvticeFrse�ar,tS�s�:/lrrterastolfhfsDaedof7rustandafatk��eqya1valueandr,�ly..Ytustorw,7lcompNwith •� 1����.•,;�. _.•�:;,i:t;T.�9�}:�
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<br /> ':;E,�-,;::� 8!I p�seMand future ad'e rt a rt a a 8.r�uJalians snd roqulrements of a r ry g�+++emme�l bady whf�h are apAfiaabi�&i.(o the Trost Prapa�ty ����:.;. •.,_�c f. . n�:�;.
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<br /> 1.•,fy±;r•,,,; an�to ths occupancy ai►d use th��ciC��ll`'i�is Deed of Trust ls on a unit fn 8 condvmtnkrm or a planned unit devafnpmenb Trustorshali �;�.r�.° r�
<br /> pc��rt�m�a!!of Trustor s o4tlgadons undd.the dacfarabons or covenants creatrng orgnveming th�condomfnlum-anthe planned unit :;kf,. ; �.;�,��}��6;` �
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<br /> developrrcen�UtQ Oy/aws and regvtatlons o�the condaminiam or planned unit davelopman�and�e cansUtuent dGCUments. ����;: �
<br /> � 9 /nspec6on.Bsneficlaryor its egarrls may,at aR reasonab!e dmes,enter upon tha T►u3t Prope�ty tvr the prup�se aiiiispectfan. 'F'�. • � :
<br /> % ' Beneficlaryst►aU have no dsty to matce such inspc��ction and shall not b�lisbl�to Tnisto�or to a�ry psrsvn!a possas�on Hit mak6s or • .,;�
<br /> ` � ►atJstortaaksanysuchinspectinn. . ' ' , - ';;: ,:.� ��
<br /> f0. Protectinn of Securiy.!f TiustoNails lo perfarm any of the covenarr�at:d a�reements cantain�d in ihls Deed cf hus�;ari/a�%'�on j�•'��.
<br /> � a p�7ceedfirg Is commenced whlch dcos ormay adversery eNect.rl�,Tr,usr Piope►ty o�U�e►nterest of Trusta�o�¢enellaiaryb'7�.h'ar '���'_:
<br /> �� the fftle o3Trustor Nterefb.tfKKtn Bene6clary.af lts o�Son,may perlo�l:,e�»t�t cot�►�=rtaafs and agreements,maka sU'cfr 8pioear�ric+as � � �::
<br /> � ;; .. ., . , d e t e n d e g a l n s t e n Q M v e s L i g a t e a r�c h e c L i a n a r p ro c�e r�n g and take sucti ottrer a�irr�s Beneflct a ry daems ndca!�tii RmCect its • ,.: ;.
<br /> ' ;'.. Intet�stlrtcfudirtg,but not(imited to,disbnrsement aYre«sronable attomay fees 8rrdor�by upen the trust Propeii;r.lb:��r&repairs.A ny •
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<br /> • ' �:;.;;�:;:�4 : .'.:'::` arttoa�nts dlabursed by 8enefrctary pur:�+�t to this par8grapft 10 wi;,h lnferest thereon.shall cansUtute lndebtedness ol-1F�uatc� ��;:,:. .
<br /> �.�;.,:;,�.:;; secumd byttals Deed olTiust Uniess 1'na�nr and Beneflciary agree to other terms of paymenL su�b amounls shap be A�b!a u/san � �4;�'��;�. •
<br /> • �%;s�';';' eatice from Barteficiary ta Tiustorr�qur;�fir,�payment the�eof,arrd shall bear/nterest from the dafe of disbrusemerrl at Ufe delaall rate. ; •::fi•�;`•, ,
<br /> - � � Neay,se[forf�t In the Noto,or oUoenr�ai YPre Nghest rate pe�miued by law.Nothing aontalned!n thls paragraph shalf�aqul� - ; , �
<br /> ; �i!�`' .. � BeneBciarytolrtcura�ryexponseortakeanyac6onhereunder.Trusta/nevuca6fyauthodzesandernpawersBenellCiB►�ta�nlennpan ,
<br /> `�; �; tlte Tiust Properry as Tiustars agentand,!rr Tiustov'sname or otherwlse to perlon»aa�y and alf covanants and agreementg ln be• . .
<br /> •'�'% pc3r6brmed d?y Tlustor as hereln pnovldEdl Beneficiary shall,at its op�;+�n.be subrogat�d to any encumbrance,lien,cl�im erdemand+�, .
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<br /> � . � . artd M r�!ri�F�and seCUrif/es br the��ym�nt thereo!paid or di< <aty�ed by Benefieiary under!fi$ptav/SiDns Aereof an�an�+su�tll�� ;
<br /> �•�., �� su6rug2�C+��ghts shall bo ad�itlonal a�d co,mufabve securiry tor rt,i.�l]�ed of Tiust.
<br /> ��. .
<br /> 11. Coo�dsmnatlun.7he p�ucQeds ot any awaM m claim/o�damages,C�ract or consequenbal,ln cortnacUon with any condemnaUbn or�
<br /> . ;, , oUlQrtak/rtg ot the Tiust Prop3rty,or any pa�f thereof,or to�conveyance in lieu of or in an6cipabon oJ condemnation,ar�heropy•
<br /> : s �c asslgned M ertd sAa11 bci pald to Bertefialary.Tiusto��vll!file and prosecute,in good faith and wrth due diligence,its cfsim fun�t{suoh� : �
<br /> � : , • avi�rd ar payment,&rrd w!!!cause ths same to ba cotlected end paiC fo BenelicJary,and,should rt�!�il to do so. Trosto�irrevbca�ljti.
<br /> ' ' � aWQOrizes and empowers Bene�rGary,irr rhe name of Trusto�or otF;enosse,to fife,p�asecute,sr:itt�ar compromtse any suali cl'�fm and� �
<br /> tooa0uct recolpfforand rot�In the p�c�ads.lI the Trost Properry i�a�artdaned by Tiusia�or,elf�rnoffce by BeaeHcinry�tn riustun
<br /> that the cortCEmrtorolfers to make ert ewar�d o�setL�e a ctaim tor damages,Tiusroi feils fo respan�M BenellcJary within thirry�(�0)'d�i�ta� �
<br /> atlBr tlt9 d8fe suCA no�Ce is mailed,Benelic7ary is authorized to calfect and apply ihe p�oceeds/rr the mannar mdicated heroln.l/7e �
<br /> paocQeas of any aviand ce daim may,sfter deducting a!1 reasonab/e costs and expenses,incfuding ettomey lees,whdah map 1tt�ua� ;
<br /> ' bsBn irtcuired by Bene6ctaryln the coflection lhereof,at the sole dlscie6on ol8ana�rcisry,ba re/eased to Tiustar,applieQ tu •
<br /> `s ; ' testoradaa o!Tiust P�ro�rry,orapp�'ied to the payment of the Indebiadness.Unfess Beneficiary snd trusta�othenvlse egtee tn wrldng;� .
<br /> . �. � 8ny sucJ�a{s,�lica6ar of pmceeds to lrtdeDiedness shall not extend or postpane the due date of the 1Vafe o�the payment at any�
<br /> . � F(;, .': , installmemsca0edfaPNarnurtder.
<br /> ,, {,, 12 Tiu�ttlr Nai RBfeased.fxtenslort of the time far payment or modnc�a0on o!any smo�iaBoa of the indebte0ness grented by B�nellaltuyt� ;;
<br /> - . to any successorininierestW Tiusror shatl nat operaie to re�ease,tn any manner,tho fiabitrry o!Trusror and t�usro�'s sucaessnru im ,
<br /> .i �,;��,. lntB�rast BBnefiGary shafl nof bo roqufroe to commence procesdings egalnst such successa or reluse ta eutend tima fa►paymenf a►-
<br /> • :��;:;,,;r,� j���sime�iy smo�OZabon ot the IndcDtedness 6y reason of any demand made by Tiusia snd Trusta�S SUCCBSSalS .
<br /> :� . �t,.� .{t , 13. FUrenctal infisrmatian.Upon tequest o!Benetrciaq.Tnrsior�viU pm�rde to 6eneficiary.�vrtlun ninety(90)B�ys af thm c6ose ot eaalt t�sostJ'
<br /> � year c�trusror,tho conseUdateO batarrce sheet and statement of eamtngs uf Tiusror and any and all g�aranto�s o!the InttebtltCna�:
<br /> � • secnred hemDy,Nany,aird vdll p�oi(Q�end del'�ve�to 8anenciaiy sach othe�6nanCial intomtatian and in such manner a�EonaflCttuy�, ,
<br />_ '..'s � . may�easonabry r�uc3sttrom timato6me.
<br /> � �;. " , f4. Ffaartcial CavEnar►fs.ln edd�tion to enyr other Bna�rcral covenarrts of trusior made ia eny ofher ag�eemenL insL�ument or Cacun+unf;
<br /> �.�.._..,. TiustOrsltBl/CCmply►with 8rtd sha0 cause eny and a(1 guarantors ol the/nde6fe�ness secuied hereby to campS�r�viEh,a be in ,
<br /> _ �i.,.;:::='�__:_-�_:: ��pLance wlth,tAe toffarilrtg Bnanc/at covenants:(lhis paragraph shallrtot appy it cov9nanf5 and��Qru�sme�ns 8re not sa►� ., .
<br /> � ,;.���� fartl►her�In.)
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<br /> 15. SchQdafe ot leases. 4Yrdcfn fen(10)day5 8fter deman0.TruSto�shall fumish fo Benofic�a�y a scheduPG.CerMigd tv by Tru?:;G►:cst�tibtt�-.
<br /> �' ����i�, faifAr all feases o/NB Trost Propeity,a any parCOn ihereof,includ�ng in each case,the nama ol the tertanfs a accup�ntu o dusYUl/)tllcn�
<br /> o/the apace accupted by sucA[snam or oceupant tlra►ental payab,'e lar such space.and SuCh odhor inf0�mi►tran and dusu►l►tulftt d1qN
<br /> ' ' respec!to sucA leases and tenalydas as 8eneficf3ry may�easonably reques3.
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