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<br /> • iT 18�A1l7 i1lAl1.Y AG1�lEk�9 THKt: � .
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<br /> L4TlOATiI'�f:Truets�elt�ll�fsatdthlsT�u�tl��nyectianrxpr�ec�ciin9�.x!r�o�ti^9ta�flp�f�uaRtpiro}►�y,wl�ll+�►ositM
<br /> — It sfMcb th�wcurbq h�rraf.w purpartin�to ath�ct tt�clphts or powaK oE�nMlclary o1 TeuI�N� snd�i ffNt �
<br /> pros�cmN�N naqMary Ct�ima�nd�ction��o preManR or r�cover Mr�t d�m�to or dMtructloe�d aucl+�p►opsrly.�nd
<br /> � eftl�te�rTru�lNO►EMnMlcf�ryishu��by�uthortzad,wlthoutobNy�atlpniatodo,tocontim�nci,appM�rinordsM�xl+ur9lsuch-
<br /> �,whNt�bcouptetby�xap�nNTruibt,8�w+[IclwcyotTruNNOrwiTho�wilhaNMOk�b�xMOiNlk�xwan�lo�Kr
<br /> ripht�nn�dYapovwravaitabl�or contsrndhanund�x��eth�roreet(iJd�ment��Mnd tn�ny�c,�tton.or�dlnq:
<br /> �ndTrur.toe�3rrC�zcnc�afiy}�ay:�:���•rt�tit�w��afn��y�,e;lorior�rocwdirp��x9niaincoun�i�.ii�+�k►;�neib�Oe�rw� , ,
<br /> �ct3onth�nin��tsNiMrmayb�advi�danttmaY�sttl�.compromh�orpayihesantroranYMhM�claims�wtd.intlutbahMf�;.
<br /> andtaanyaf�afdPu�o�maY�xp�ndandadva�asuchwm�e�fmon�yas�ill�rrr�ydesm�ry.Wh�M�rornat�..
<br /> __� TrustOr�io�ppe�s►s or d�i�nds�Ttusbr on d�mand sh�il ptytti c0�ats and�xpNea�M�n�tloitry and Tru�,fr�oNldirp.-. ---
<br /> cost of atiids�ca:of ti�e and atlomay's feee!n a�easonabis wm�in�ny suchµ�tion or procwdtnp In whkh B�t�tfci�ty ar
<br /> Trusieo mey app�ar by vlrtus of b�elnp mads a party detss►dant or od�srwls�and i�espsotlw d whMh�r th�InM�r�wt ot� '
<br /> BensflciaryorTruateeinsuuhpropsnylsdlreet�yquesUonedbyeuchectlon.Uctudingbuinotllr�fORd�o.anysctiontorth�.� _
<br />_ - = toroclosurs of,or aale proceedtnp�under.any s�condary itea on such propa�ty�cond�rnnr.•dan or pa�n o1 such
<br /> property,and any suit broupht by Berosflclary to toreclose tAfa Osed of Trust
<br /> � CONDEMNATION:AII sums due.paid or payable to T�uatar.orae►y aGCCesaor Ih InterestotT�uata,whelher by way of
<br /> judDme�L aettlement o►o�ise,�a)ier inJury or s�artsapa to st�ch praperty,or(b)in connectlon wifh eu�y conden+nation '
<br /> tor pubiic use or in)ury to such prap�ty or amr pa�4 thsreof.a(c�in connection wtth the tran�cUor�Ansncea by ths lo�n �
<br /> __ secured hereby or(d y a�ising out of etl cau�es of action,whether sccruing betore or a8sr the dzta o!this Deed olTrus� _
<br /> � sonnding in tar�or contrae�includin�aauaes ot action fer fraud or concealmant of a matxiel taat tpQa�ther wtlh the
<br /> � settlements,prxeeda.awarda and damagea,direct and consequentia�,in conrtsaUon thsrewith ars A�ereby abtolutely end
<br /> ___�;:-:�;� irrevs�cabtyaasignedandahalibepa(dtoBenefiala�r.9eneilclary8hallt�ee�mled,atltaoption,tocammence,intervenein.
<br /> _---"_ gppear in end prosecute in its own hame,�ny acdon or proceedtng. or to make eny compramisa or t�etltertient,in
<br /> _____ connecttan wtt�any such taking a�Qam���,Truatoragreeato execute such further aaaignmants of any compenaatlon.
<br /> �'���,��;,?�� award,�d�unages.righta of ection and praceeds as 8eneflciery rnay require.
<br /> ����';�t�
<br /> `x' Allamountsreceivedb 8ene�cla
<br /> ,?�:��, y rypursuanttothis[3aeclolTruatunderanyNreorotherinsurancepoticy�inco�nectlon
<br />__,�,�,�,;4� wtthanycondemnationbrpublicuseofo�injurytosuchproperry,torinjury ordamagetosucht�erebyarotobeapppedat .
<br /> -�_Fy,�:��----- theoptionMBeneflciaryupanenylndebtednesssecuredhereby.Theapp11caUon,useorrelesaeofsuchamountshallnoi .
<br />_-:���;,r�. ;� cure or vralve any default or no�ce ot detault h�reunder or Invaltdate any act done pursuant to auch rtotice. n -��
<br /> :'�.:a�• , ,
<br /> -�}°�`''��' CONSENT.PARTIAL RECONVEYANC:E,ETC.:Trust�e may�at any time.or irom time to time,without Ilabillry theretqre,. -
<br />;..:.��. �' , �''° and w(thout �ottce�upon wr(tten request oi Beneficiery,end without ait�adng the personal liabiliry of eny person br -
<br />�'"'� _' �;:;' payment of the irtdebtedneas secured hereby,or the Ilen of this Deed af Truat upon the remai�der of auch property for the `'
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<br /> � - ,.;,;:' �' ' faliamountofthainde�tedneasthenorthereafter,seouredhereby,ortheri�htaorpowersoftheBeneAciaryortheTru�tse E°
<br />-='s'�--i';'��(��? with reapect to the remainder of suah property,(a) �econv�eysny pan of such property.(b)consent to the making ot any �:;__
<br /> ••f�+�(.��t�'�°,� '�' map or pQat thereof,(o)�oin in granting any easement thereon,or(d)join in any extenslon agreement or any agreement
<br />-'-"�4 �•�.:'i:. f _
<br />.�::f�4r.,. i}, ...��. gp�tdina�ng the Uen or cllarge hereol t.=.--
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<br /> -__.:z::.....;: ,�,. FULt RECONVEYANCE:Tha�upon w�liten requestof Beneflclary stadng that ail sums secured hereby have been naid --=
<br /> :.,.c: ..��-,-r,� and ali obligatians securod hereby have been satistactorily pertormed�Trustee shalt reconvey, without wamanty. the �
<br /> , � +� propeAy then hels!hereunder.The recitals in such reconveyance of any matters of tant shall be conclustve praof ot the
<br /> - ., , � `� ' e►uthtuiness thereof.'fie grantee in such reconveyance may be designated as"the person or persons Iegally entitied '��
<br /> �;'�,=°�;' :_�.� thereto". Such requests and reconveyance shall op�rate es a reasslgnment ot the �ente, income,issue$end pr�flb
<br /> ' ' � '� '" hereinbefore assigned to the 8erteflciary.
<br /> �
<br />- � ";�' �` RICiHT TO�OLLECT AND RECEIVE RENTS AND PROF�T3:Notwithstanding any other prcvlsions hereof,�e�eticiary � .
<br /> � �,� hdreby grants permisslon to Trustor to collect and �etain t�e rents.income.is�ues and p�ofits ot such properiy as they ,
<br /> become due�nd payAbte.but resenres tP�a right to revokesuch permission at eny tlme,wtth or without cause.by notice in
<br /> � .� w�tEng to Trustor, mailed to Trustor at his last known address. tn eny even� such permission to Trustar shail be �
<br /> �:""`'� _. ,,,�,� automettcally revoked upan default hereunder by Trustor.
<br /> _. . <';ff_. .,�y --- --
<br /> . •_ �„•- �� FINANCIALINFORMATION:T�uatorwillprovideto8eneficiary.witfiin80daysoflhecioseofeachflscatyearofTrustor.a '
<br />_ - `�1 consol(dr�ted balanca sheet and statement of eamf ngs of TNStor and any and all guarantors of the obligations secured �
<br /> � �1.. ' �'9 herebyandwillprovldeanddelivertoBeneflciarysuchothe�8nancialtnformatfonand(nsuchmannerasBeneftciarymay
<br /> � � direct from t�me to Ume. ;
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<br /> FINANCIAL COVENANT:Trustor shalt comply with end�hail cause any and all gusrantora otthaobltgation secured
<br /> • herebyto compiy wl4h,ar be in compltancewith.thefoilowingftnancial covonants:(Thisparagraphshail Denon-appiicable
<br /> � '' if covenants an�requlrements are not tiited in below.) .:
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<br /> ;'�� � EVENTS OF DEFAULT:Any of the fotlowing evenb sha�t be deemed en event of default hereunder.
<br /> ;,. , .
<br /> ... (e)Detsult shall be mede in the payment of any inatalirnent of principal or(nterestor any othersum aecured hereby when
<br /> ; due;or �
<br /> S
<br /> " . (b)Trusto�ahoutd breach or otherwise be in deiault under any term.cove�an�agreement,condition.or provision �
<br />_ conffiined hereln or in any buitdtng loan agreement or in anyother a.greement secured Aereby:ar ,
<br /> �:. �6yi;�:` 'i. ' 3
<br /> ; , r .,.� (c)Any repreaentatian or covenant made herein. in any bull�ing loan sgreemen�or in any othe�ag�eereent secured I
<br /> . heretay or glven in connection herewith or any indebtodne�s secured hereby shoutd be fatse or misieadirtg;or
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