|
�a <. � �'� ..��
<br /> � -..�'.=:�;i - : -�:.r;:,."�::� �• - ' _
<br /> , . .. _
<br /> - � , .�. _
<br /> .J•
<br /> . ..: -f� h 2 n
<br /> .- F�
<br /> � ". . .��:.J'•C.J' '_ 'a. �Y +it _ . � ' .. . �i`�� - _-.
<br /> '. . . . . 1... 2 . .
<br /> .
<br /> :. ....,..y . ,- . .•• �! �s � -
<br /> _ �h
<br /> . _. . • Y� � .. :
<br /> ' "'�s.
<br /> ,. . , ,�.,' . , t.. ._.�, ..,. � , r:'t� ':,�I
<br /> � .
<br /> �. ., .. .,
<br /> _x .. .- .,.. -
<br /> . . . ..c� . ... . .
<br /> �' - ' .; .. . _. .: . .. - ...' . .., _ .
<br /> .. .
<br /> .. >... _. :.
<br /> ,; , �. ' . .._ ,._. __ .
<br /> . . . .� . - - . . . .
<br /> ...J+.: -. .�. .'.�sd� i......-�-.-.
<br /> 6. `� .__ .. . ,_"'__'- ":_" � � ..f.. ._...,�,... ,�. R�I��:js��'���Xq6"���� � �.
<br /> -�.�,��.�� ' �It°r �j��i:'w�i�fllt��i�8±��1C��9�Yji6��°L`�.�...�"�sQilil�vtM -->� - —
<br /> -�°---,����. . . . �?�J�{�fi:.}'l�ti`Si,"�81�S8fl$,le4G�SlY11I�E�t1l�9Qt1B�3�j4!b'�IB�fI'`ar2tp,�FllMf1�9f1jtflBxYdlFf1$GIf�C�l�li&+�!@C81Pt9,�11L'iAtt78S'7ffit��.'�
<br />-'-��'_ &ttL'�tC3f�f{�((�S,:t[4'ti'r101�tl�WIS3,9g, tvFg�Ii2tUfAJt2Q3r'$^x a�. 8m�'C1lt�fCli�l$89�Y1@�tupott�J�48S5bd.P/$L�t�OCelt8l.ffS' .•
<br />_ --- °- -— � : ayatns�or,rnassurad t+y,,lt�s�ee�lrPrsrer rha rrr�ocda�ril�f. . :. � - ', . - .
<br /> y-�-�-- - ----- , �.:A�P��a.ofFa��ma,nt�A�payr�lenLsreceivedbp�'�:l+�y�sta&ttyde�f::tt8111L�e,or�SC�afi�notred��F�fa+Y1D�.tr.uslar�'
<br />�_"'�� µ � _ ��.aPt��Y�$►Yi�ths�aymetttott�efnde¢tedit�sgar �ts��{t.�€hsr.deG��teGfliMOro��ga��'on�tnangrarrle�ar
<br /> �— �� �mannerdapp�wtdcPiBeneH�s�y;.�n�sa@sat�te�di�crabon,��PPrap�a�stJpu'assa�:t;i�ac�s:eBW,rQ�+��«is,y.�r -....--s-`---- --
<br />�- ----=�'� auctiFey�irenfah�'1CedeanredspJt6�d.lt�t;btlre,p�yinerrtofa�yda#���3YoraD�onaihardrantl�etl�ate.< .
<br />_ , ° ., � 8, t�,r�a tlena tnrsaoe w�lkeep r1�a Yrs�si P�De+dY frae fncm eD�s an�Janc�qnbrances whfah�i er►�!t�Ymoy,rn dre�menro�
<br />�-�. ' •� Beme�dan►.Aav��tr/o+Ft�over.�timpa►rthsascunft�rol.fhfsOaedolTrustDutriusiurne�dnatdischargearryaucliNKisrr►aciangas
<br /> _ ' 'f2,.�5� .- .
<br /> � , ' r,i�s�orat�am�o,r��n��taPaythso$Ugas,tonsecureqEystrcft6sntr�aitralmerec�DYaAf�[t�B�t'rcdaryettdah&tl�tgqodfsr2A. ---
<br /> �� �r�u �.��
<br />= .,;:� '`���w;°� � , r�nfist sucR 6�6y�AProprit+t�tegat proceealings e�ve m pntverrt tPrs e�d�rcemankot ths Ren end thm Icss af�nyf�sPar�st tn or ----
<br /> ` t�*_'}�,:c��µ �rtuf fh&�tus¢Froperly. . --
<br /> -�. 6 w 3� _ ' � f;ifa�lns�u&�a.Trr�3t�et�l�°,°�tks st�'�ing8 e�1td�18tlmptt�ve+�9►rt8rrtsav eadSEing ahmaage�era�tmd ott ftte TtciSt Atop6r�y . ----
<br />`_ .��.:_�•.. :,.���;:`. lnsirred Eiy insuranc�carriers esitsfactary tb Beneflday e�a�stkso by hye�haaard�fncfvded fn iha hmf��s�rtm�cowr�^an� ��. =�_
<br /> `- �-,.:,u;:'.�.�.r,'s 8uat►other�azerd�casu,atttss errd cart�sgarECtas as may DareQutn�1 by BareeticfaJy.In srrch 1�m4ur�and l�Or such�as m�y�e ----
<br /> �:-�-:'�:x�T�
<br /> - ,,;r;:�-•,�; .:��.�s•: � � �equlr�by�eaafici�►.Tho�cy of fnsvraace aAafl b�(n 1�n»ecceQtabl�t�8anefktary.p,cylds tlr�!Uw aememey rrot be � -
<br /> - ��`°�.�, • ,. canoe[!ed rx�adil�ead�ftAout�Reer►l�6�d�ys prlar w�ftten nohcs M Benefklary�.and al��thm Aosa p�Yabie prar/skxr�dn t'�r►Wand � -
<br /> ��°�'"�����'";•;�-ti;: l�O�m accvPtabtefto B�rkfl�l�uyr.Atl Rrer�,fumJ ort,6nsur�urc�poflctas shafiD�pat4ln Pha mannarproNdesw�dN�Q�s heraof
<br /> �--•.
<br /> ��'�€t-:`z;�f.=, .;�.µ or.ll rr�t d�J tn auch menna,r.Gy Trustor r��kkttn�Aaymai�t atleast ffts�n(f6)days pfarto fhe dree date,dirsc�J�to t1r�lnsw� � -- _--
<br /> � v��� y .,:_� . -�. � �A�Ytum/sh�8�rteRclaryaff
<br /> �w:.,;,r:Ly�••.:•a; �tK. BCteryQltaO A�vs th9 dghf fo�otd tAe poXcle3 and r8nowafs ttlerttotend Truafir affell
<br /> ��..', ,;"_..°� :. renewal►reEfces andsitpeld prarnium iecslpb mcai�ied Oy�t In rra evem ahall Benaflcfsry or Tre�siae De ha:d respansJb�1�tor fa�tirre i� _
<br /> ��,�=�--��,:.�,;;_ _
<br /> {,., :� ..,.tr .;�,;. � paylasurartce pron,frims br lareny(ass or drtmage arlshrg o�toit�detecr6r anY pa►tcJ►ereAstn�ewt ol enyfe�re afsnqlnsyrance �,__ ----
<br /> �.�.. � �,�.f . . �pany�1A11�Ylaranylass ot�am&g8lnsured ag$inst or forf�L'u�a by Trusiorta eflect the fnsurance rr�4nired Aereun�ler.In tha eerant ��__ _- --
<br /> - '��, ��;��,���..�i;;;,.•�. atkSA.TrusmraPr�tl9Nep�a+flpr.emticobymanrot�lnsurencecsmtarand8sneif�tary.BenefrcterymaYmakBprmofo►�ossHnot .
<br /> _ �-'•t�i?;:... � ��. : maaa prampt�,arin pm,perfar►n Dy Trustw.IL�pofi�cles oflnsumncs 8nr1 erry end sU rafunds ot rareamed premiamr�are Aenebp
<br /> . ���..,:''"�:,:,�>%;:��';;!:, ess+gnndro6ertet'iclaryas�dditra►alsscrutyPorihopeymentctthalndebte�iiess.Intlraeve�tofBeneSaEsy'sexerdseafthe� =_—
<br />_ : �. �:;'r�`;.,:� al&�Ja cCntati►ed her�lrr,aln tlre event mtlbrsctasure.811 dgM,tt�e arrd�nferssiof Trustorin and to enyfisnrance poffCylhenPn Mrce __
<br /> -�,r,.. , „ •:. �. 1, shaJpass�Ne p►QChaseratthe Wstee's ssta nrlarecfasure sale.!n cassolanyr kss,the rnsuranae pra+ceedsrmay.et tlra op�ian at � =.a=_=-
<br /> ��`' 1 ' Ber�afiafary.be epp0e4 by BenefrctaryuDan ttre lr�de6fednes�aranyPaft thereof,artd tn aucR order end smarmt as B e n e f i c tarymay ;,�.._-
<br /> ,.:�„ �.��,•.::,,., .,... �'--�.
<br />�-. -'=--u _•...:..:.r,r: deisnnfna;flrsaldlnsu�ance p�oceeds,at Ne optlon af 8ena!'.fdarll,may etther�Ee ased fn replaGng.wiesmdng Uie tnrst P'ropert�r ,-.-
<br /> - :°� ;;•••. . ------------p�3'�ar totally destrsoYsdf�a comLilon satlsfacAOry[t�Beae�icfary;orsaid trisurance proceed�a any pallontlrgreaf,ms�/de ��,,,;=v.'_
<br /> ',:;,;�,� releassd to trustar.Unfess 8enafrdary 8nd TrusMr athenvJss egree in wrfGrg.erry suctt�ppGCatian oftnsurencep�cee�s s9;,aD rrat ;�:�'
<br /> a
<br /> ;.�::.-•� 4� extendorpastpvnatheduedateotdreNete.o�arryim.�af7merrtscsCsdfor(heretn.orchangetReamamtofsucfifnsta�lmer,�s.8� �-_----
<br /> . a
<br />- ' t�.:.::�.. .. .. TiuSt P'rope�ty ls&cquined Ay Beneflcfary pwsuant to ths exerr.i�a al tha paweraf sate or oUrer foreclosure.e1t d9h�tiiie snd frr�estd :'' �.�:��
<br /> �., . . ._,
<br /> -,.: ;'.•� . :.� Tiusoarin and ro snylnsmance pmceeds payebte ss a resuRotdamage to thp Trust Praperry pdorto,tha ssle a scquJsf�n shall pass �:va_i� _
<br /> . ..,:,
<br /> -,. .�___.,...__�..._�.:...-:.r. _. - - - .to 8ena��Ia�Y an0shatl_De apAUed first to fhs cosfs�rd expEnss��nduding.�{+omey fees,trtcrrmad!�collecdng s�ci�praceeds,then.
<br /> �..r. . . �.�
<br /> •. tn tAa manrterand In the orde�p�ovldea heneln. - ��;---�
<br /> ;�.:
<br /> 8. Pre�ar�an and MaUttenance of Tiyst Fiope�ty.Trrrsta willkes�the buildings and ofherim�avements now or herea.�se�cted on ���°°.-
<br /> - . . • theTta�st P�OPBRYTn g0od repatr and condlflon aitrPwr7f nOt Comtm7orpemut weste.wtll nota'�rthe deslgn mrstrucmtaJ�aharacter
<br /> _ . , . � ` , cons�vting any buflding now or hereaRer ereCted�n and cons�3udng the Trusi Properry without the p�far w�sn ocrnsemo�
<br /> - . , -��;�i-:°��-. 8enafraf�iy.wifl nat da sny sct o�tlrii�g w�lch wouW imduryim�or�apreclate the vaJus of9re TrustPra��rty2nal wll nqt ebandon ��s:�
<br /> ��; . �-, , the Tr�t�roperty.Trustor wfll rroP�arrtove sny fixtures consSNt�ng the Tiust PiopBM unfess t?re same sr�lmme��Y�`aced wfdi
<br /> 'r:.�r i:1:;' :.
<br /> ' .` ���•-`?:°,r�;.;::. lika Rra�arty subject t�o Ure lien and s�r.�niry�nterest o/thls�a7�'rust end o!at least equa9 value and utilify.TrusUU�wa�r�mp�+with ...:�,�1�,
<br />� ;.,: �.., "� '; '�;;;;;-;; " s11 pra�3nt and fuGoe ordinarrcas,regalaflans arrd requfiemenistri`r�y goverrnmental body wlrlch are appfiasbie to fhe pw�Frope�tjr , tis�.<;
<br /> =;Y, }�r1,„ '� `.�"'� and to L'ra occupancy and use thereot.N thts Qsed of Tiust!s are�rxn�7 in e condomin/ym or s planned unft developmerr���'rt«siar aha�7 'r�''
<br /> °,"^��' � perform el!ot Trusiors obligakons unde►t ha de W a r a tlons orco�ta�r.`sms creating argovemin g tlre condomintum or the p1aA.�icmlt� �•�`�•'�
<br /> '���'"=���```'��'`•'°;�` deva.'e,amen�tha by/aws and reguJatlons of the condomfnlum c�,p�meaf unit developmer�and tha constitaent docume,t�s: . �''�`�
<br /> ,�_�::: . ,..;.;�;
<br /> ' :;>..;.:..:
<br /> �,�,�<,�,>'•• ' : ,;,,.
<br /> � �";;/ !:•:- 9 lns�`�.Beneflciary or tts sgents rnay.at all�easonab/e 6ma�.er±er upon the 7rust Propeny tor rhe pmpose of iaspe�+��.:. .
<br /> �•''-�:;'i�i"c`-.;;,)i""i:. '• YP ,.
<br /> � 8err�`lp'',�ry shall have no duty to malce such Jnspecbon and s,�rn�t be liab/a to�iustor arto an erson tn possessior+i�"��r�akes ar ,-;�,.
<br />_ .,r-��li,;` :•., fails�makeanysuch/nspectlon. .• . ,•: _ i`
<br /> � - � � � ; �q.,Pr�ofion of SeCudry.if Trustor faifs to pe�tam a�t of the coc�^anta snd agresments conislned 1n thls Oeed ol Trus�o�Nany ection � �=
<br /> ,,�s�;� _ ,r,��ceeding/s commenced wh/rfi does or ma�yr,r�u�r5e1Y a�sct the Tiust Piaperty or the interest of Trustor o�Beneflclary thereln or _
<br /> • '�ti��, :s!a�:d�ie a/7rustor thereto,the�8ene�rclary,ai it�r�trar.:rra��,e�arm such convenents and e�reements,make such ap�eara�tces. �.�.
<br /> f �k � .
<br /> ' �,4��s jti{ '�d�;-�`�ralnst and Invesdgafe such acUon or pr,�Cee��rr�� ��:�such other acdon as Berefreiary deems necessary�ia�i*otect lts k _
<br /> 3j�+�':: , lrrl�e,st�induding,but not Iimlted to,disbursema*rt af s�a.;��l��'?±7mey fees and entry upom�he Trust Piaperty to mal���,�a1�s Any '.y�?���°!���`
<br /> , � amo�g OiSDursed_by Beneflc/ary pmsuanf to t�ts J�a:cf�.*atJ,`a?a w1M lnterest thereon,shafl�onsdWts lndebfedness of t.�sstc� . .:5�' "�'�"
<br /> ` seci�r�d Oy thls Deed of Tiust Uniess Tiusior an�,c3arre�ci�y�g�se to oura�rt�ims of paymenr,such amounts shalf be payab/e upon �'�'? ,�_�
<br /> - °�- � '� � nfltfce from BerreflcY a ry ta Trustor requesting payrtrent the�iss9.a�4 sha11�e�:r.�rest from the dafe of disbwsement ai tha default rate, ' ' .,.,--�;,,., .
<br /> � Tt
<br /> �.. `;����i�Y�?." . . if ary.set fo►th!n tAe n rofe,ar othe.�ise at the hlghest iate�:�ad by law.N'othing contalned!n fhls paragreph sha0 r�squlre , • �;..;;• , _
<br /> ,: �.,;r .�,. B�a�'uu�ry to lncm any expense a��t�ke any action hereunda�'�^�r,ta Jrre�ocabty authoNzes and empoweis Beneflcfar�tJ enfer upon ,, •
<br /> ,..-:��'� . tF�.1?rixt Property as Trostor's egent and,in Trustors nama a�:L•'v�rwlse[o pedorm any and ep covenants and agreemerCS io b9 : =�-�� -.
<br /> _ . . . pstl�r,ned by Trostor as here/n provJded.Benefrclary sAa/l,a�.�s�pL'on,be subrogated to eny encumbrance.Ilen,c/a.^c•¢a demand :
<br /> . � . artd to 81i ngbta and secariUes for U►e payment thereof paid or discharged by Beneficiery under the provisJons hereof e�a�any such
<br /> • � •� sLbrogaf/on dghis sha1J be edditionaJ and cumulabve secu►ily for th/s Osed of Tiust � , •. • -
<br /> ` ' . '� !1. Ca.a,e��.mna8on.The proceeds ol any awerd or clelm b�da.�s,dl�ect o�consequenGal,in connecUon with eny CeR�":naLion ar -
<br /> - • a:2Yart7i'ng of the Tiust Properly,or any pa�t thereol,or tor rxa^.:c�yance in 11e�of orin anticlpa8on of condemnadon,�lh��eby :
<br /> ` • �ur,� m+to and shall ma pald to Benefic/ary. Trustar uvill�fis a�C�rosecute!n good faith and wlfh due diAgence.rts c��Tr C�7r sny such . . .
<br /> ��};-,, � ' , 2�v�or paymen�and wAl cause the seme to be rr:a�:�i�a�s��1d to 8ensficiary,and,shaufd ii lall ro do so,trt�stor d.�cvcabry � _, � . . ,,
<br /> - � ' eutharizes and empowe�s Beneflclary.!n ihe n�rn�cE�'rjS�rGa�thenvlse,td lll�,prosecute,seJtle or compromise any►,�?clalm snd .<:
<br /> � } "'� ro caAect,rece/p!!or and retaln tAe proceeds.lf a��'r.asr A���:y Is sbandonad by Tiustor,or,after noBCe by Beaeflcl��Trvsto� � �'�`
<br /> �'�'°�':: � that the corrdemnor ofters to make srn award or settle a claim���,amages,Tiustor Ia1is to respond to Beneflclary wfthin�y(90)days i�� ��"'
<br /> •;�,' . � after the date such nottce ls maiJed,BdneBcisry ts auU►odzed Cea collect and epply the praceads!n the msnner indtcate�Rtarefn.Tha
<br /> ;;: .;• praceeds o!any award or claim nray,aftei deductfng all reascareb/e costs end expenses.Inc►uding attomey lees,which may have .
<br /> • bean i�uned Dy BeneNclary!n the colteoUon thereoi.at the sole duaretion of Berreliclary,be�eleased to lrustor,eppfled to . � ' �
<br /> �:`•.• �. � . • wsioretlon ol Tiust Property,or applied to the payment of the Indebtedness.Unless BeneNalary end Trustor otAenv/se agree!n wribng, . .
<br /> : ;�. . ;: . . any such epplicaBon of proceeda to lndebtedness shap not extend o►postpone the 0us date ol the Note or Ure payment ol any .�r;
<br /> lnsteltments called for thereunder.
<br /> +e. • i2. Trusto�Not Re/eased.Fxtenslo»ol the dme!or payment or modiHcaUon of any smortizaUon of the lndebtedness granted by BenefrNary .
<br /> - �i: ��•. • M 8ny►successorin/nterest of Tiustor sha11 not ope�ate to release,ln airy►manne�the llablliry ol Tiusto►and Tastor's succossora 1n . � .
<br /> �,` ;�'__ lnieres�BeneBclary ahall not be requlied to comnrence proceedings aga/nst such successa a re/use to extend tlme tor payment or • .
<br /> i r � . �� '. - � othervvlse moditjr amo�tfiaflon of the Inde6tedness Dy�eason o!any dentand m8da by��usta�and Trustor's saccessors .
<br /> ;�� �'��"'` �.• . . lnlnteres� � .: •
<br /> •��� 13. FlnancJal l�orma�.Upon request o!Benefrclary,Trustor wiU provide to Bene6cla►y,wifh/n ninety(90)days of the cfase of each 6scaJ
<br /> �� t year o1 Tiustoi.th9 Consolidated batance aheef and sfatement o/eamings o1 Tiusto�and eny and ell guerantors ol ttlA/ndebtedaess
<br /> � -.-:.�,;%���;,:�.. _ .
<br /> .:��;;,.+ :" Secu�ed hereby,i1 eny,end w!U prcvide and deliver ta Benefrcfary such other ffnanciaf lMiorrr�atTon and/�such manne�as Beneficlary . ... , .
<br /> ��` .,,, mayreasonabty�+equesthom Brrrero tlme. •
<br /> �.�'. ' � :•'� 14. Flnanalal Covenent�.!n addltJon fo sny other firtarrctal coverants of Tiustoimade In any ather agreement,instrumeni or dxument, '
<br /> � . Tiustor ahali compty with and sha11 cause any arrd all guararbra oNhe Indebtedness secured he�eby to compfy w�th,or be In .
<br /> '" compllance v�ith,the tollow/ng�rnsnalal covenartts:(This paragraph shall not appty if covenants and requirements a�e rtot set
<br /> ` :�: � M�th he�e/n.) '
<br /> �_°- - --,��_..;.,_-:_-.-.,:_ t_.-==_-__.:_.�_.-:_::_
<br /> � • , 15. Schedule o/Leases.Wiihin t�n(10J days e/ier demarttl,TiuStb�Sh811 fum/sb[o BeneiJClsry e sChedute,certitied to by tarstor,setarrg .
<br /> � forth a!!feases of the trust Propeny,o�any par�on thereof,lncluding in each case,tha name of the tenants oi occupants,a descripuan , .
<br /> � . 01 the spsce occupied by such tenant or occupant,the rental payah/e far sach space,and such othe►IntormaUon and documenis w'r1h �
<br /> .� � • , . respect to such feases snd tenanc;as as Benenclary may reasonably reqaest. . • _
<br /> . . , , .
<br /> .� < .r �....' . ,
<br />
|