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<br /> �a.. � . � � ... f. . -. . . . , °_`-'-= --
<br /> . .,r. : ,.;---� �..�'�. � ln�urarrceFrsmtums,g�unt��rt0l�sir�etll.a�he►+Ch�e3e��tst�etrert8'�i�d�t?s'8ss,'�ss&d,pfaogdorm�esg�c:rl�t�Tiu,� _______-___ -_-_
<br />- s ` - ` N�. � . FmA�Y•Truseatfr�era�rees,r�gon rv�n�uest by8a�t�td�ry�eo pr�qm�ity:�ei,�at io Eerc�.��yr eUr�sl�ts f�ttf�ep��cemol:
<br /> .`� , . . ,h:.:'� , ''s�cC1�ch3rg2�T�r�t��wlsa ttdr¢r�r.t�p piay a't taxes,. �end oiher�itarg�es lsvfed u�asfn era�d,Ffa�ecfa�rrar�a --
<br /> _,,� ".;``Y`�`.M1;;i''<<.rs; a�at�rsborms�,sr�r8db�.ttJsbee�at�a�stcrUranacorQa�cn. f. . ° -- ---
<br /> . :,i.f�� � 5, AP,�flcaffan of Paym�e�Afl p3ymotria r�v$Q 0y 8�efictar�tss ta eny�le�L Ge�lIr3Y brobSgBUUart osvsd ro 8�rtei.�cla�yby Trustttt ------ -
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<br /> - , ``� , . � -� � ma3►QeeP�GsdbyBartaffdary�tf��rmBittafthelrrd8btad(re�sarEO&rrysucAOlA�tdebL1180�1t?porobL•'getlon.tn8nyorde►o�•
<br /> - � . '� `'� ' '��' ma�urerofaF�G�r,ab'anwh�cABsaeficl�y*,lrritseeccfutedisc�Ydnk'deean�aRyr,oprfata t1n,'ess.�Renvlseetactedby8e�naticfary,al►f+. -
<br /> , ..�t�•°;���';�"• .' ` l:�G�ftis�to ttte/t�y,7lent ofsiry't���'a�y�0�(1Ba�On8lhPStlsart�hBlitata . - —
<br /> sur.tr payntcrMSAa08ad6sm�t�
<br /> . , :; �'.:`� �8 t;lta�c3s;LlQras Tires�r w#1lrEep ths Trruit Prapeny hee trara►ef1&e�rsand e�aumDran�es w�tc�tn err/waymay.!»fhajud�rtsrrt+ol �=�=-----
<br /> _- � ` ' �,f r� p�� -
<br /> Bert�f-il8ty.hetm pr,'orfEy o�set.arlm�leltGh9 Ssetrtrryaf.this Oead o9Ttust bnf Tms06�ta6e�n41 t�se�ta�rga e�►evcPt Ile�Eotoir�g ert �;,;_;:;TA,_-
<br /> --`- .�{` , t-'°- Tiusf��Fltsllagt�.fittvrit�ng.t�payth�CkJigatt�.se�ct�eedLysttc@lisnln8m�lt�etHCce�t2b:aWBertsfrct�y8rsisAFZflb7gooBfel�t. -- - -
<br /> ' _ < � ccntast�uch�snbVeP�rra�rtaielag�l�tra�ea�ngseff�r,�veWpra�nitt,�enlarcementoP9s9Uenandf�la�sseleny�€nter�tn�r �„y,,.,.�- _ --
<br /> '' � ' `;:• pattoftraTivEY�perty, �
<br />- - ,�� �y Hazsrc�lnsure�nca Trusiwshr311treop.i7�e.bundingsan�ot�erlmpravesnamsnaXextsu"ngorlrereaR�rere�ciedanttzaTnTStP�aparDj --- ---
<br /> : .•'.•..�.' ,.��•:.,.�':_, '•; . (�stuedf�y tn5roatrcecsrrars 8atlsfeCWtY ta 8ene9'rcfaryegaTnstlossby frre,darards Urctvda�ln�t�m'exienQesoo�refa�9'end. _----
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<br /> . ..;- .,,;�-z` sualr a�terllazard�rasusftiatt errd�c�itgenctes esmaybe reqt�'rr�d Oy 8ertefrclary.ln such amn�umis and tcrsudi pertods esmaybe .--
<br /> �. �:.: .. •�:.:'.. �� raqul�sdby8ane�ary.7hep,cacya7irisurdnceshalt6elnfamraGOeptabtetoFeheBr.lary.�ravlde0iatthesamsvaayrratba �^..� --
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<br /> �" :� � ealrcefteaorraa�t8ed w%tltouE 6ftgan(ZS)days prloi writtsn nafice ta Bena�sdsry:�ted ahafl have IossF�y�f$Protafsfor�fnfas�oro��� �__-- -
<br />- =='..- �, ` ` (�9 tn f+cm�axeptaMa toBene�clary.�ttlprc�mFums on irs�„ar,ce pa:S�assha'Jbe pa��t fntlrsmannes p�aufiFed under parag�lt�he�of� °_=_
<br /> • or,iflmtp�0lnsucJsmanner.by.�"ru�mafdrrgpsymeniafieastfiRBtrnf181d�Priartothadrr�rdafe.�i�ytothelnsrua�rce ,-�_._--- --
<br /> � �� _ . .. :.:.'���` carrfer.8enofrclary shef!have ttre rrIIhEtahn:d Sia poGaes arrd renewafs tlrarsntahd Trr�sforshall prompUyTumish to&�sflcfa�t�e!!:• �� - _
<br /> - :...`�:'�; °. _:.. renet�lnoGie;assndatJp3ldprr•,�tittnrr+ecetAisreceivedbyr2fnrioews�ttslrFiUBa�n�l7daryorTnasteebelr5ld.�nst8i�•ts�sfaffaii�fo�� ___K'°'—"�
<br /> .�� paytnorrrarrespr�mJumsorfwa�yla�sadamugras�gar�rafadefsatinanypaticyorarlslnf►outWsrylr�►reofe�ylnsurarrcc+ .e�ly y, -
<br /> <: _. �,;., � ��,;•�
<br /> �F�Y mP$Yfararrylo�ordamago fnsutua��galrast orf�rfaflureby Trustato effed tAe fn�urartce r�qraftt�d��ts�ermdet.ln tho euent.�s: .
<br /> �> . ___ ...`� •�... � alluas.T�rsAaDghrepromQinoLiaeBymattfc�ee►nead�sru�can/esarr�BeneSiYary.BeneTictarynray�i(`�pro�ofaffossHnat . � ,: {�f,���
<br /> 00 _
<br /> � m�8 pr�nr�y orfn pm�erforral ayTrrtstar.Qll�lfcies oftr.suranceand arty and sllrafimdsottrnt3amed pt�tTumsar�horeDy ;, �,.F7� .��-----_
<br /> '. ' asrrlgReOm Bsnefrdaryas addtlr nnaiseam�y fardre p�yrrrEr�aiU�elnaaMedness.lnthD eventot 8eneflcfgryrs exercTse of the pow8t•`��� � !; �, -
<br /> . ;. "� `'.� '�'..: afsate�edherein.artnfteeveataffiraclasur�eAdgh�tdf$anOlmeisstotTrustorinandmarryhrsrvancepoffaytltanfifan:a ' _. t��
<br /> -� •f-.------.,.:_.�_ ,`�.._.. .__. ... _.. . -shaRp�stothepwd+esersttl�e�fustae�sset��orCprsclos�esale�Mca�e�terrylass-thahrsrnarrcapmcc3sdsmay,�ttheapban.ofr',::`�`S. __ -- - -
<br /> ,� . , Benafrdary.ba88�l3sdby�eaeffclaryrrportfltia;Utdr�tedness.orenypartUra�eaf,andfnsuchmderan�emmowussEanefral m '°����`'• • '; _:._.------
<br /> o �ll �!�,�:..,.. �
<br /> �" � defermine:orsaid�rsmarrcepmcae�.aftli'a�o�ttGfr�alBenefldarjr.mayefth8�0eusedlnreplacfrtgorrestaringtheTrustPraper�y,:•-,:;."j;::,r; �.: ��.s��,;�`._
<br /> `-•;� � parff&fhror totally dashoysd tme r�drllonsattal�CioryM Ber.e�rlary:o�sardlnsma�tce ploceeda.e�a�rypaPlan thsrea�,msybe • �•
<br /> .s ' ��r, ' released toTnrstor.UNess Bemafrcla�y snd TrtraYOr othenvtse�aaln snitJn9,e�Y�SPP►�csr/an ot lnsurance praceeds shatlrmt � =,''���•n,.�
<br /> ,•..:��;`,.•, ° : exf9trd orpost�wne Nre due d�#;olrihb.Nois�armry�irstatlmers��fled for therefn:orclrange the amouM of suah instafl�nertln.ff ffre - -° ,.�,�L.—�—
<br /> . , .:. .... ,.�e-
<br /> :.. .:. • .
<br /> � . ... ... . . . . .r .. � �:S-[ii�m'-��-
<br /> : � ° Trust ProFertyts acqrilred by Berti9�i�ta►YP���4�exeiasa olt)re Foc4ero�sal9 o�oih9rtar�do�rtl��JI dg1�dUa snd infe�at df -, . : .;9- -
<br /> � , . .� �ru�tarin a1r�t�anuinaurance prviceeds pay�le as�a r+�sirlt otdamage to Ne Tiust ProPerlYPdorfa Ure.s�boracqWsrT+nn�A&?J�t�:;,`;:. ` �
<br /> � , ��/ tvBenafictsryert�slialibQSppGedfirstbtfr�ca3isai:dexpenses.lncTudirtgsitomeyfeo.�Incrmc3dJnCttCl�ngsuchptaceeds�,thbm-,,"f; � ,: �.�,�� ,.,
<br /> rm �
<br /> . • , tn the merrrterana�in Ure ordor prov/ded he�ein: • . �, � . . , `'% •��
<br /> • 8. Pr�seiva�ian arrd Matntenairce ot Trust Property.Trustoa will k�ap Ure bri!ldfngs s�rd oftta��mpm�mams'l�Gii�i d�hene�I C�el�ots��` � F ��''r+��}�_�i '���f,'
<br /> .. ' � Utn Tr�eat FropoRyr In good repe/ratrd condiaon ertd wU!noi corrurut o�permh wastr�.wi0not alterUre desiJr+orsbtictrli�il' r,:,;. ,`' 'g�� };`;:
<br /> , ;.,_�; �':., .
<br /> ��'.. ,f �
<br /> - . . wnstituting anybullding now orheraaRer erected on and cons�rGng tde Tiust PropeAy witltaut tPra prior a�r.�ca;is�)rt`hf;:�i::��;:�';`;r:.:..�.�.., ' ��' . . .r�:
<br /> ' ,;: � Banefic�ary,wlll notldo aay act art/rfng which wauJd cmduty Jmpatio�depreatate ths vslue of tRe Trust PcuP.�!tf�sndWf�.��hltn�'i`:'.:.... �i , ` , ';#,
<br /> . the Tndst Prape�tj�.Tirid�r wlit notremave arry 6�dures consb7rting the Tnrst Frope�tYunfess the same srsi�n3dlatetyr�apt��vINF`,•. �. . �;�-..:
<br /> ..,:,;
<br /> , fike pmperiy sutr�ecdltr ifie lien ertd securitji'Interest of thls Oeed ofTrust arsd•rsf atleast eqr�al valus artd�ili N t�+:Trusior w91 camp J y vitt(r'' �} : ' � ;: �•.,�
<br /> .- , . a/l p►T3asM and fudire ordlnancea.►e9ulaflons arrd requiremants af any governmenta!body uvhfch are arppfi,ca�b/e tv 1he Trugt Atoperty - ,:.:;°r,�.
<br /> � • " ' end b ths occuFency and usa tlrar+eof.(I thJs�eed of Trust is on a rmit In a condominium ora planned unit deve/opmenl,�Ti�tE?orsha!! . � �
<br /> � pe�m+al!oiTiusiar's obligations rmde�the deGaraffons o�covananLS creating oi goveming the condoraiNam or the planned unit .• • ;�'.�,
<br /> � , devefopmen�the bylaws and�egulaGons of the cor�domintum or ptamred unii devefopmen�and the ConsAtv�rlt documenm. . �.;r ;'t:
<br /> , 9 lnspectlon.Baneficlary orits agents may,et s/l�ee:s�abla Omas.eMer upon th9 Trust Propwty forthp piJt1�of dnapeoffon. . �� ���-+
<br /> • �en�ficlarysh811 have no dury fomake such lnspection and shaf!not De Gabfa to Tiustor or to any persan 1�;prusesslan ifit makes or "f'•
<br /> , ' . � fa!!s tomalce s�rysuah InspecLidn,� �`� '�'
<br /> . � r����
<br /> 10:�Prarerxon oi secuny.Jt Tivtrtorleilfs to perfo►m arry of the covenants end agreements contafnod Jn thls Qaed of SryuZ�rl/a�ryaCtion . 'ti .,y'---=
<br /> . orpm�eeding!s commenced WhJah daes ormay adversey atlect the 7rust Piropertyor the ir►tereai oJ�rustor orBone6�leiy tti�rein or •..:-�����_� -
<br /> . the dUe of Tnsstor tlroreto.then Beneflctary,at fts opGio»,may pedonn such comenanis and egreements,make such qppasrenaas;, ' .!�,;;f' �;-,.
<br /> �� • ? defend ageinst and�inue8tlgate sucA actlon or proceeding a»d ta�ke Suclt vthar acdon as BeneRclary deem�necssssry:o prot�ct!tb - • ,;.,,;.
<br /> � lMerest lncfudld�,but nat limiied to,disbarsement o/reasanable ettamey fees and enby upon Ure Tr,usl Property to make repalr�M�rr' �. �-�"° • ':ii_�'
<br /> ' amaunra dlabu,ued by$sne6atary•pursuanr ro tnis paragraph f0,with interest thereon.shuD�co»stittite lndebtedn9ss of,t(usto► .•..;' � . `•` ';'�-
<br /> � - secuatd by thls ased of Yruat�Udl�ss Trosto►end Beneflc! }�ef M� ; . ����"�-s`�
<br /> %;:�> ary agree to other�erms of payman��such nmounts shhlJ be�}�;LY�p UnOI/, Y�::P-�`
<br /> ���� rroti�e hCm B�nofiatary!o ftuglar•Y,equestirtg payment thereol,arrd shall bear trtterest from Me date o!drabU�semen!at�Qefault►ata, � -
<br /> �� �'����� ff anY,sst lottlr!n the llfatey or othe�rv/se at the hlghest rate permitted by/aw.Nofhiag contaJned in�thla par�tgieph shall iequi�e '�� �:."��?'."�;�.;��-
<br /> � t Bt�ne�ialary to Fncur anp,.�pense or take srry aCtion hereunder.Tiusror rnevocably authorizes and��npv»t��8en�flclary ro ente�upen� � " •:�:?�:"�'G�
<br /> � , fhb�truat Pr�portp ars�Yruslars agent and,in Tiustots name orothenvise ro perfonn any and ellioov4nan�r�r+i egreemenb to b� , � >�rrr;:'=��;,_
<br /> porlatmea�by+�r;lt�tpre8•hBreln pravlded.Benefic/arysha!!,atits opGion,be subrogated to�anpantrumblaisr:�,lien,clslm ordemand `! " � '" •�"
<br /> „ •• t ...
<br /> ���'�' ttndla'sllht hl�'arrtl��ecuntieslathepaymentthereol aidor�isch e�b Benelici ; • •
<br /> 9 p arg y ary under thB provJslons hereof and enysuch
<br /> • subliJgr�Soh�Ighls shm11 b�addlNanal and cumu►a0ve secunry lor thls Deed o/TiusL � � .'
<br /> .tt. Candt;mnavan:�TAe proceeds ol any aviard o►clalm for damages,diaect or consequential,fi connection ovith any taondanmation or. ' �• .. ."
<br /> ,: othar t8king of th�,Tryst Pioperty,o►any part thereof,or lor conveyance in lieu of or in anticipaaon o1 conQernnation,are hereby . . . �
<br /> ;;,; :i'�: . assign�d to and�alf bn paid to Beneficiary.Trt�stor wlll Ble and prosecute,!n good faith and with due di►igu�sCe,its Cl8/m Icr 8ny Sucts � .
<br /> e���a pay:neat,arsd wr7!cau�it�a same to be collected and pald fo Beneficlary,and,should lt fa11 to�a so,Trustor lrravocably � - �
<br /> � . � authorfit?s sird empowers Benefici,aip,in the rrame ol Tiustor or otAernise,to file,prosecufe;settle or eompromise sny:�i cla/m and ' • �
<br /> t1
<br /> . to crll�ci,teeeipt for and retain tfre�roceeds.I1 the tmst Piop�y Is abandoned by Tius;cr,.cr•,after no8ce by 8eneficisry fn Tiustar �`'�,:,
<br /> : . � • th&2�condamnoroNers to maka an award orsett/e e cleim for damages,Trcrstor Ialls to rESpond to Bene�ralary wlthin�rirty(30}da/s . �:: ?.
<br /> I ;, ; after the date such nodce Is malled.Beneflclary is authoiited to collect an�t a,cGN the proceeds in the manr,er indiCated he�ela.7tre � • �'. �'�,�;��;
<br /> ';,� � ; ' proceeds of any awatd or claim may,after deducsrtg all reasonabfe costs a�?�expenses,lnGuding aKomey fees.whlch may have , '.:�' �`':��i s',..
<br /> � beenlnCU�red by Beneflc/ary In the collection thereof,at ihe sole discreben cf�Beneficiary,be released to Trustor,applied to . ::�'''`'
<br /> .� re�:Icn ot Tiust Prope�ty,or ap,plled to the payment ot the/ndebtedness.Unless BeneBCJary and Tiustor offienvise agrea irt w�f4rrg:� : •
<br /> ar,y�sci:epplica�on ol proceeds to►ndebtedness shal/not extertd or postpone the dae date of the Note o�the paymeMdf any f� •.
<br /> � Inst�:/mi:-��celled for thereunder. (
<br /> i�� � . ' 12. Trus�`�r IUst RE�..a��r1.Extenslon of the time for paymenf or mo0i�icaBon af any smorBzation ol th�fndebiedrress granted by 8enefic;ary � �
<br /> to arcy saccessGrin f�terest ol Tiustor shal!na1 ap�e�ate ro reJease,!n any manner,the liability o!liustor and Tiustor's successors�m �
<br /> in�r�st Bene�rc'�ay shaN noi OB requi�ed to cammence proceedings agalnsf such successa or�efuse to extand time!or payment or ;� ' �
<br /> �.; . o;fre�v�se mo�ity amorUzaUon ol the lndebiedness by reasan ot any demand made by Tiustor and trustor's succeasatst !
<br /> . lnrmtC�'est ; • .
<br /> = �: 13 Frnarraal/nlatmatron.Upon requesi of Beneficiary,Tmstor will provide to BenefiCiary,within ninery(90)days of the close oleach fisaal �
<br /> ,.;' yea�af Trusto�the consolidated balance sheat and stafement of eamings of Tiusto►and a�ry and aU guarantas of 1he/ndebtedness
<br /> secured hereby,if any,and w11t provide end d�ver to Benefrciary suCh ofha►finanGai inlormation and In such manne�as Bene�r�lsry� .
<br /> ' ��' ' may ieasonabry request hom time to dme. '
<br /> � s_ . � l4. Financlal Covenants.In additi�n ta sny other6n�ncial covenants al Tiusto►made Jn anyClheragreement,insbument ardacumerrt ±
<br />_. _ .`_..._. _ ...:. - �����J�mply yyith a�rai y�raJJ causg ar�,and aJt gcraranlo►s ut the lrrdebtedness seCmed lreietiy tv compfy wittr,orf�e in --: -
<br /> � • compliarrce with,tlra following 6nanclal covenants:(Ihis paiagraph shal{nat apply 1l covenants and requirements are not set
<br /> } � � lorth hereTn.) . .
<br /> ' � lb. Schedule vl Leases_Withtn ten(10)days after demand,tn�storshall fumish b BBneBc/ary e schedu/e,cer6fiad to by Tn,sta�setllhg
<br /> � fo�th all feases of tAe Tiusf Property,ar a�ry portion the�eoi,including!n eacb case,the name of the tenants croccupants,a descnptlan
<br /> _ � . of the apace occupied by such tenant ar occupanL the�eniaJ payable tor such space.and such other�nfo�maGOn and donuments wiM � .
<br /> mspect to such leases and tenartcles as Benetic/ary may reasonably requsst r
<br />
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