|
:. * "�l ..' - �..__' . . � - - .,yr'+�-�, :4s�r.t'°Ys:•� :��fr - �:. .. ���, �nirir..-.- _
<br /> .,; �, . � - . a � . t.... .,F�::: . ' . - ,eCt.� _ -
<br /> . ' � �"!"!. ' '•� . .. - - t ' ...�.C'.;t'.'. . . . . _ .. . �� v z+;4 �
<br /> t , J .. : . ri ,c ,w..,. r ��r, i
<br /> _ i - -
<br /> � .-.��`,c,,.1 '.. . _ _ _ � € .-s- . . � . . .—
<br /> .. .. � ���, � .,._�. �-..:•: � � � . . , # _ _ w`n._ ��';a . .
<br /> � Y ,,�`Y�. "�y� �
<br /> —":— � ' � __ _ - -
<br /> __ ;'_ .-_.- . -�.�. , ..y.., r"'t'�'�,-' �^r-=-'^.'„--f-,-:� . -...,_...�.�- i.;_ _'_ - _ .. . _ - __,- _- _. _ -__ -__.
<br /> � ..
<br /> - :, . . �.�_.
<br /> _ . - -.
<br />-a . � . . --- —_-_'_.____
<br /> ,t.,• .
<br /> ���''���` tnstrr�ico prainfums,gras�d ront�and at1 aUrsr cfrsr�as u►�hm�aQV�!tavte�aporr cr�ssetf.pfsca�a�r�arla sga►r�st Pha�rt�, -
<br /> _ �:�s ' `�`' Pr�Ptr�y Tittstw f�rtf�r 2greas,upari vm'iter►requa;tDy�8���1&�.to pr�mpby dsltvsr to Ser�e�lciaty e.�!recs�'pts fat thu p�y'Ri&1Rbt �,, ,._ ----
<br /> � " � ����y� � "�:� �rCheatea���:,.�iusmr�svfseag�estopayalit�6�.�er��ndoUaacha�gaslevJadupanorass2�d,Alac��a�►��� ,�. ,�„y�. __ _
<br /> �,�f `t � .,)!. og��st,otn�t8asusetlbY���DeaBofTrustartlaer��COnCa�anAeraof. , . . . . — _
<br /> � � � S;,J�p�'Jc�Wno#Paymsncs Ntpaymentsrecehred�6yrBerrefictarysstasnydeDbtla611tryoro�lTga�aa�,ax�adta8enaflcl�►byTrus�ar . �
<br /> � s <N 4 - .: �� - - _
<br /> . � �£�'� � �..r -:��r i'-f .__ ---�
<br /> ;f v� S� r .t� � ►n$Y��PFflsd by BarcF3�clsry tQ$ha p�ymsnf of tl�e lndaDt�dness�r Io eray surohrFaiD:ffrt�8ss oNra�nvise efeat�by Ber a�tW,�enY "" •"�•.,;.."'°
<br /> ,. r' �',�l .. �a-' arrnet d1'eAAftca�an►vh'ch 8srreficlsij+,1.�fts aDsoitr�e!discraffon. eema ePP A . ---
<br /> ` �:`'��' °� '�'' �� ' �shpay�nenisdafrb9�t�mad�plleB.firsttatAapaymer�?.o�enydebt,Usbill�ymobUgatFanoth�rtTianthsNala�
<br /> .�. Z, �, _ ,tn tho judgmer�tot .
<br /> , _..� arga�Uans.�ar�fw ivAl keap tli$Ttust Frap frea fmm sU/iens snd c+ncumb�s w1�Jc�►!n t�ny�vdYm$Y'
<br /> � ;� Benefld Aave paj`orrry ova�.arlm,pstrU�e securi y af tAls��art of 7rust b�t Trusiarnea�not dischar�s 8ny such Uen sa ton�as � "`��,s� _
<br /> <+ � �Tiustor sh�t/ag.�ee.tn►srrihng.to pay rhs oblr"gaUan seciaed DyaucPrOen/n a nfanner ecsePteb.'a[o Be�raticlAN end ahall tngaaaftet�► . �'z=, °
<br /> .°`�` , , '.` �contias?st�t�Gen bY epProprlatelagal proceedings effscttva to vsstfiha enfaraamant o9Urelfan and the foss of an lr�smst tn or , ' �t�+.r �,. �
<br /> y � Y
<br /> `�. �- r , a,:.�: . � . � :. . ��t�.,�r.►�'r�Fi�f
<br /> ., �4 �:,�y Part'olthsTrustPta�eriy. , s r ,� z,t ����,
<br /> , X Ha�y Insr�rer,ce.�rusiarahAO keep tl�e Drrtidings and o i h�r lmprovomen i s aor.r e x i s ti n g o r h e r e a f t e r e r s c i 8 d t u t L't s T i u s f P m p B�t y` �
<br /> �;;` �. �'�� ,� �y,,,'��..�- insmed by fnstnar�a ca�rlars sa�sfsctory ta BsnaNclBry agslruttoss by&a.hazsrds lnaluded fn the te�m'6xtsndad�vsrega••snd �,,'�� �,_•:
<br /> :, `.,�- � " � snch oA�gr hsaar+ds.cas u e t Ves an d c e r�ngen c t a s a s m a y tr s re q r d r e d d y Baneflcl a r Y�!e sttcAemaunts and tarsuah p�rPads as mey ba • x {,��,�°J�;
<br /> ��' � rer�tdre�byBanaf,�tary.Thsp��igrof�nsursnceshallbatnbrmac:�eptabfsto8eneflclary.Provldsthartlterismemaynotba ,���.
<br /> : ; � � re P .
<br /> cBnCeffetl w modifiarl w�iauififtesn(1s1 daYs Pdar�vr�`ttert noflce to 8enetlCia�y.snd shall Asve tass pa�{tic�provis�ons in favo�C#snrl � r �;,�
<br /> ,� ` d��`� � ;i, � • in f�irl��cc8pi8Die to Eanefidary.Alt pr&mhrms o�t lnsvrsncoPoAclasstratl be pafd In t�e maeuEtpravlde�uirrttsrparagr`eph 4 hereaf �� f,t �� -�-: _
<br /> ,. ,.:��,�' i� ,�r'�=' o�i f a b J p&i d t n s u c h m a n n e r.6 y T r u s t o t m a l d n g p e y m e n tatfeastfiflee»(t5)da y s priortaMaduedafeedfrr3c�►totAelnsufa�tce .t,,.�,�,'�.r�' f a�s
<br /> ,.,h.�,�. .;.. :, � > t.�
<br />-.�:t s:.;. '..,:��_:.:� .. c a n ler.Bensfic7 a ry shas!ha�e fhe dgt�!Lo hotd the poDdes and renewals ttieteafend Trusfot&frvl!'�arnrttptt�fumish fo BeiteBCtsryeU ,�_�,:., ���,.�., .
<br /> . �.�`�'..�� ranewal no�ces ar�d e!1�Safd ramlum recel ts recsivad by It In no ewant s1ra1�13ane�rc f a ry or T n�O¢e @Q h d�`r e s F a r�s t b l a l o r f 2 a 7 v rt�t a .+J����,.,...:.:
<br />- ��. �fi:::ASE,F�"'.�.`�..:_... U� ..��
<br />- t.q . -.'!'- ....r {� 4':t .,�,*,�r,,:�,:, �:
<br /> . r j • paylnsrrrarrce p�miums�falenyr foss or dama�&rfslrtg out af e defectfn srt��solicy averf&litg otd af art�Ca!luteofanytnsG►81r03_ ,��yH t`C r+•r:,+���,,,7_r'�-.
<br /> . A� �'�.�,s company to�ay fora�yt�or d&mttga/nsared egalnst arlAr�ure Dy Tius�'tcr�Fiacf tRafifsureltr,r3 raq�lsereurrdar.l�t tir�eYa�'t��' �.: � �!� •'��;,<,,'' r
<br /> , r .•. .11.� atotlos�lf�is�r c�� k�-�c -
<br />- t �. , � � ofloss.iTius�tshaltg�reprvmptnatice�bYrr�ffitm�lnsutancc�cam'a�atrdHarrerday.Haa�ffclayrr�-��n�a. .. �� :.
<br /> latl
<br /> � � �w,��� °� made�r�mpNyorin�rape�faimBy�Trusfar.ttllpolfclgsaffrrsur.m�t��d�►Ya�idaflreftmdsafurreamadp»a7m7t�itsar�i�
<br /> _ `� �� ..,� �• asslgrre�taBsAaf�iaryasaddlUon&LSOCUdtKforlt�a.R,�Xmerrta�Il�lhctArrfa���.lnffrso�entofSarraBrlt,r�?��x�rds�m7�potiver ' � ,...�� _
<br /> `'�'a ` � o!&afe contafaed t+$neila,or/n the evant of ferr:cJot�pi��tf9h�tr�fa'�rrd f�ir��rustor�r&rtd QQ arry ti�utt�Fnllcy then�n fort:e ' ;r �,,;rr�, � ,
<br /> ..,`' •..: f;�: �' shaBp�foHreAr�ctoaseratthatrtrsiee'ssaletc�fasuresaJe.ti►cas�avf:a�l�iss.tJtal�;:eP�may.t�ttheo�pffonof � �<,'� �,�,
<br /> :-.
<br /> ,,
<br /> ;� ,.
<br /> :, . . . :,�.:� _
<br /> .';.'�l,s:,;a�?;t��:��.. ~:.•.:�
<br /> QenA�i�Y�be.aF.P.�ad by Benefrcrar�►upon the Inde6tedrress,orarrypa�t�ae�l;.i�rrdCrr�oiderand'amaurtgas BenefiGarymaY ...';;'. t .�� '
<br /> t•_�_�-
<br /> - �` : ..`�i,�' ,��� �- -. detemtfji�;orsald Insriiarrce pmasads.at�ie op�on oTBe�r��rCc�,,Tt18Yettt7er�t3us8d�htt��Cfng o%/esio�l»g-Nre�iust-PlopBlh.. .--- - .�r� �'v.k+��,_
<br /> • � � �J p�rtlallytirtota0y d�sbayed fo s cond'�ion ss�sfecrory to Bene, ' .orsatd tnsurance pro�ds.or eny portion ihereof,may be ' �rs „�g�
<br /> � ; ; '.� �� � released to Trustor_;inless 8enefidary end Trustorotha�wfse egroeln wr�ng,an,y such apprcabon oflnsuranCe proceedsshall not, , ;, F�4�., ,." �c �:
<br />- ,• .` .: ';: extend or postpone ttre,dve data of the llroie,or sny Ira7a!lments called for therei2�or change the amoUnt of such instsflmerns.Hthe ;::',:.::� '-,:i.. ....r.�;~�.{�_—
<br /> � �..•• . �Tiust Prapertyis scqisred by Benefldary pursuani ta the exe�cise of the poweFO l s a te a o U rer f ore c/osu�e.e t i d$1�bU Q and lnterestof ;: '�_`. �`�_
<br /> �T �. ' " Tiustorin arrd bany inseram:e praceeds papabte as a resuJt ofdamage to the Trust Propeny pdor to Me sala oracqulsltlon shall pass,, ,; , �
<br /> � . . to BertPf'i.�i9ry and shall be appGed B�st w the casts and expenses,Including enomey fees,tncumed!n coilecting sr�ch Froceeds.then '.�ti�t,�.t�:_
<br /> : . !n the'�nanner and/n the order provided here/n. � - `�,.r>� .
<br /> ,,:,;' 4� � � 8. Preseii+ativn and Maintenance o/Tiyst Prope�ty.Tiristor wiAkeep the Du1/dings and ot/rerlmp�avem8ntsnossro►..hereaftererected on "'.,.i<.� �� � - ,
<br />-r::� ': . , the TrusfFropeAy In goad repair and con�idon aad iylU not commft o�pe�mft waste arf!!not after the desTgn orsUVCtural character ;: ...-f,...�:; `., £ �..
<br /> �.,•� �.. : . . � �;;��._.,:.._.P ;
<br /> 6� < �" � constitutlAg any bur.dtRg now or hereafter erectazi ar►and cons�iGmfig the TiustPr�bperiy witlrout the p�io�t�c�dtan oonsent of .. kE��r.,,�,� s'
<br /> ` 4� �.v:��' . �;:�. . Berrefer.�ry wiAnot d��ny ect orlfitng whlch�vavfd unduly fmpatr ar dep�ciaib the value of the Trust��end�vlll no!abandon ;" E ;.. ;''
<br /> :'�' �;$�,'' ,���.:�«`•�`<��. � tlro Tius¢�ropetty.TrusMr will nola�+ave arry t'ixtures cons�htdng Ure Trust Property unless the ssme a`e,�'r;*��latety replaced witlr �' , ?.r..;,.,�s�,,..�;� �. � : r.y�
<br /> ,,,},�}7`� ,.' . ,'.;`y:r�`
<br /> �` �pia��j,r subJecr to the Ilen a�8sacurity tnterest ot this Deed o�Trust and ot at least equa�eaf�e arrd t�*.Trustor wlll compty wr7h '� . ;..,...� $
<br /> , ,.�Y}''�.�,,fY{ -' �v�}x�'.�i',�� �
<br /> ;� •, '•-1'��>;� � . s!!pre'set�t and hrture.ondinances:"re�riratlons and requiremerns ol any govemmenta!b�Y+��re apprcabte to the Trast Pr�PerN .:�.• : ::��,.:;:;1;;,,F��Z�.,,r�
<br /> • � and to 11re occrrparrty�d ase thersol.Hthls D�ed of Tiastls on a unit in a condomtntum ora p'�ned unitdevelopmer�Tiustorsh8tt.�.•. ' ;�;� :,.. ,.�::��
<br /> � � � peAorm a1l of Tiust,a�'¢�iigations under the declaratlons or covenanis creaffng o�goveinlrtg ths condomtntum or tAe ptanned rmit -�-^�.�,
<br /> . . ' , ' devefopment,tAa�j�ra�,�5 and regulatlons of the condominlum or p/anned untt davefopmen�and the cons�.�snf documents. ,. :
<br />" . '. �: • 9. lnspsc�ant 8er►s�.�mr Its agerns may.at all ieasonable tlmes,eater upon the Trust Property br t he pur�use o f inspec tl o n. � ;
<br /> � � • Bene�r�rya sh.rrll��°no dury to make such�nspec�on and shall noi be l/abfe co Trosior or ttr aray person In passessl�n,60 te makes or . '-;
<br /> • • fa11s tc�t#��h1?�ic[7 inspectloa �:: . �`�,,�. ..,�y"`
<br /> �• '; "�� � � .• � 70. Pratec�i�,�Sa'ait��t�:!lTiustor lalls to peAorm arty of the covenants end agresmants contalneB In thls L�¢d'atTrus�ar7fmry acUon �,.. ��,��f�;'
<br /> - ';'r � • o�praceeding ts�qmrr�cnced rvhlch does or m��!��ersely effect the Trust Property ar the Jnierest of T.^us�nr.�or Beneficiary thsreln ar . ,.•;,�'y�",..lr.r
<br /> �'y
<br /> �. . . , det�da�al�ati"�lm+�Glf�e�k�c�no�.�edlpgartdtakesuc otheractlonasBeneficlaNdee,�s��hecycessarytoP�� ' .- '`�'�`�'t�;�<�, .�'''if�`;t'•';'
<br />_ �`��:;•;, ,. g ���� �
<br /> �rrterest lncluding,d�J;�tt�rt���l�dfsL�u�sen�r�t t>1 r�asonslll�aftnmey fees and endy upnn:the Trust Propery to make repatis.My � = ��.•°, • .
<br /> .. " . .s,;.�� � ;,,� •r:,,,.,�.'==--�-
<br /> .., , amounts dlsbarsed l3y�i�ie�ic�r��/7ur,:�nt►,�t�i3�arag►zph t 0,.wlrh interest thereon.sha�l r.rt�suhrte lndebtedness of Tiasto� , ��;;,;t;i�7, ';
<br /> �: 4; ;ti,..; ' . securedbythlsD�fi�lfirustlfit�ssfrustorr3u��lrl3ererc�ay�rc�etooihe�tQmisofpaymr:»:suchamountssha!lbepayab/eupon,.'��: , , i
<br /> f „�a.,_ . • r natice from Benefiamq,•W Tiusror iequssting pi�ini�?t thereof,arral sha11 bea}�lisir-'r�st irom!he date of disbursemeni at the detauftr-�i".,�.
<br /> lf any,set farthln tha lt�nte,or othenvise at the hi�/rast rate pernrittgd by law.tc±t�7l�abe contained/n this parag�eph aha/1 reqa1re - �..._;.' �
<br /> : ` ' Beneflclary to inew eny expense o�take sny acUon hereunder.:l"iu�ra Jnevoca�ty authoazes artd empowers Beneflc/ary to enter uar,rr. �: .
<br /> • � the Tiust Prope►ry ss Tnrstors ageni snd,ln Tiustors name orutfm.�wlse to pedprm any end all covenants and agream.snl�to be
<br /> � ' perlormed by Trustor es herein provld8d.BeneTrclary shall,atiGS opbon,be submgated to 2^y encumb�ance,lren,c/airr?Jr�temand , .
<br /> , ; . °_, �' . snd to elf dghts and securiGes fo►the payment thereo!pald o�discharged b1r�er.ebcl2ry ur,�ler the provlslons hereof artd any such .
<br /> subrogaUon dghts shall6e addiUonal and cumalanve security tor this Deed afi JiusL . . �' ,��,�����
<br /> � ' 1 f. Condemnaffan.Tha proceeds of any awaid or clalm for damages,direct or C�cr:aquenffal,/n conneClion u���4 any condamnation o► `,s.'•:,
<br /> r,i,
<br /> . other taking of the Trust Propetfy,or any paR thereol,or fo�conveyance/n lleu cf or In antic/pation ol condsmnaUon,ere hereby � • ;�j,{°�;
<br /> `'' .�;ti4-i:;;, assla�reed ro snd shall be pald to 13airaNc/ary.Trusta will file and prosecufe,in good faiaT,tih�with due d;ligence,fts cislm for any such , •:1,'.'tc`;;:;', {:�';;�;'-�
<br /> ; Y . 'i�i%;�:�;�� � , award w a ent,and wAi cause•ih�:same to be coliected and pafd to Beneflclary,aad,�fru�lid 1t tai!to do so,Trustor/rrevocabty �•; ,.,��,;',;;.`;�;�. ,� ',,;��:�%�
<br /> '� �.;�','.• � � su�horfzes�d empoHrers Beneficiar�,in the namB o/Trusta or othe►wlse,to lile,proser,v(l�;;s�tNe o�compromise any such c/aim and-. �• ��J�i�:;:} • ���;;>,'�;
<br /> � � V�3!•'�' � � to colleci,recelpt lor and reta/n the procee4s'�!'tl�e Tiust Prope►ty Is abarrdan�d by Trusf+o�o�alte►noUce by BenefiClary fo Tiustar ' ; ; • �'•''t,�;:.
<br /> ' �'` 1t,,,;1. that the condemno�of�e►s M make an auv^.rd arsratle a clalm far damages,Tnl.tirs�fa�ls t��esqond to Benercisry with/n thlrty(30)d�3y� •�''�
<br /> ��r , i !�:;;:
<br /> ,:�, after�ie date such rta�ce!s mailed,Berteflciary i's authorized to collect arrd'r�{s/�l jF th9 p�oceeds in the mard�rrrtdicate�!herein.Tha� � ,,�,;
<br /> , ;�• . � pracrabii�o!any avrard or claim rrray,after deducUng a/l reasanahFo cos�e����X R�SQ�,�i7cluding aitomey t�es.uvhicll;niay havA � � ,
<br /> ���, • Deenriheuned by Beneficiary ln r1r�callecaon tlrereal,af tho sGl�•disCrciibta'at�p"rt�!iC°3yy;•tfr��►eteased to Trustor,ap�tita�l�(� i
<br /> � �'�� �'�,�, . restor�Uba o1 TruSt A{�/JRrfy,or eTr��ied to the payment of ede Irrdavt�dh�s��t1�1i�39 64r�Qll,r.(ary end Trusror atherwfsa�agree m writing, `
<br /> r�;;�:, �:�'��- � 8ny such appllaaitnit cs!'prbceeQs to IndebteQness shal/rrnt extend ar pastpont�:fti�dire��fe ol the Note or Me payment o1 any ' �'
<br /> ' ''� ;. lnstallmencscalladYkt►liereundEr.. � ;. • .
<br /> t ,��._. . ,
<br /> ''{`" P 12. tn�stt�r A�ot Releasea.Exfension of the Ume tor payment or modiBcaGon Gt s�iy,�martizaLan of the lrtdebtedness granted Gy Beneficisry • �
<br /> =:?'� . ,: .',:%.'•,.;
<br /> •;�;. ` ro en}�su�c&sso►in interest ot Trusid�sha11 noi operete ro retease,in any marmor,.the iiatHlit}�of Tiustor and Tiustor's successors!n
<br /> :��,;i ' .;;t;��
<br /> ' �.'�.�'.��, �t�'��i��. othenvlse odi�o�dzetio of tAe ladebttedness by rea on a�any QQmand i ad�by Tiustor andf�i sta s successo sjpayment or
<br /> '!';"� �_ � .. ' • !n 1ntr�rest . . '�' •
<br /> y•„ , • • ,
<br /> " f3. F7nar►c1a11nfarmaBon.Upon request of Beneficiary,Truslnr wrl(provide ro BeneBclary,vrithln ninery(90)days of fhe Gase ot eaCA 6scal
<br /> n
<br /> • �� ' ye8r of Trusta►,the conso�idated balance sheet end statement ot eamings afTrustor and any and af!guaranto�s of tha Indebtedness
<br /> : ` � 5eculed hereby,fl any,and will provide�and deliver to BenenGary sucA otAer linanclal/nformaSon end!n s�rch manner as BeneHctety ; .
<br /> rnay�asonabty►equest from time ro time.
<br /> " � ' � !4. Hnartcial Covenants./n sddi�on to any oiher 6nanalaJ covenaMs o1�rustar made In any other egreement,lnSUUmento�documenL
<br /> : �, � . �iusror shall compty wfth snd shatl cause any and all guavanrors o!the lndebtedness secured hereby to compry with,ar be in , :
<br />_-.-..-. - -- -_ .- -_. compUaneawith Me toilowing Nnancla!covenanis:/�hrs paragrc�ph Sha!!not appty if cavenants end�equirements are not set
<br /> . � � • forlh h8reln.) � ' .
<br /> .,,,.�. :• . J5. SchedWe of Leases.Withtn tert(f0)days atter damand,Trustor shall tumish fo 8enelrci�ry a schedu/e,ceRitied to by Tiusfor,set�ng
<br /> � forth a!I feases of the Trust Propertj,or any po�UOn tRereof,lnc/uding!n each case,the name of the tenanls or occupartts,e descap�on
<br /> ' ' ol the apace accupied by such tenant or accupanf,the rental payaD(s for such sp8ce,and such other Infoimation and documents with � �
<br /> _ : �;;` respect fo such/eases and tenancies as Benatclary may reasonabry request. ' ;�
<br /> .' 4 .
<br /> >� 4 "� ' __ _ _
<br />
|