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<br /> � `� " ``� ` negeteations. Shautd any of tlte Sub�sct Propettp be taken or da.u�aged bq�xercise of
<br /> t�4- -°��.: C . p-_-.
<br /> ' the power�of c�ond�nnation or eminent domaia,,or be sald bp private sale in lieu or t, :
<br /> _ �Cf4� t �`r ��,h"'.1-`�.
<br /> � . ,�r � in an�ation#hereof,Grantor and Venture do h�rebp irievocablp�ssign,set ov�r . -
<br /> . ,m -.�P�^ �.4 J,. �{i��DCliC��'7 J t 7�' :�, -:.
<br /> - �:..�:,-�. award, a ent or other aonsisieratton for th�
<br /> �„z'.,�,��� `: �� �a�ag�oY sflld and any claim ar cause of action t�erefor. Such `�.: ;
<br /> ,. ` �= ' P�pe�tY �
<br /> ;t � be applied &st to t�e
<br /> � t-;. ° award p pm�nt or consid�tion shall,at Beneficiary s option. �_-.
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<br /> } � �`:t;` a J t of aI1 costs and exp��tiy��Y���g a'�d � ?__
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<br /> '``�,=.�`: p e�rv'�ng such,award.PaYment or consideratiose,and seco:ed,at Beneficiary's . , �:�:
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<br /> . :.S �Yk��: =�"- optton,either ta the reductioa of the a�deb�edn�ess he=eb3►sec�ued bp appliratioa ,,�:;
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<br /> D!8 P.teCt,Whetht�tltett ���,7;
<br /> .��= _ �f�o s�aid�indebtedness,i�sEich order as HeneBc�asy p
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<br /> -'����,:4°�-�-��:�; due and papab2e or nat,or to the restorat�arn or r�pair of the Subject Property, �ti-. .
<br /> ligatians of Crantar `
<br /> t='�": �v,ithwt�g the lien�f this�eed of Ttv.st or the ob ` �"
<br /> " `,:�� �`�;-: �` m the itame of Grantor aitd/or .
<br /> ��w ;:_� „ d: . herew�der- B�efidarY is auti�rized,at its option, � .
<br /> � `` Venture or�its�wn name,to comp'romise,settle,collect and receiPt for aIl awards, �
<br /> F - r � or sold. Grantor shall � '��
<br /> :.�:: �:.�A:,.: _;�;`�_- . papaq�nts or consid�tton for the propect�so talc�daa+aged , ��{.
<br /> � , f� `�"� �p��'{��/�e B p���y1,an d�mand,for alt�costs and expeas�,includ'nig but not . ��,�:�
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<br /> _� � ' .-.-T.:,:�x'..- costs and attouteys'fees,i=tturred by Henefidary in�tne�on ,,.=..t;w-
<br /> �" : �•- Iinnited ta c�uit �the date incurred�t the Default Rate. Inte�st ���.�:
<br /> ` ,';� `� � ` ttierewith,plus int�sest�ierean
<br /> � 'A'--: -`�'� �"� �aa t�e endre indebtedness sec�ued h�reBiy shall rontin�se�any such award.... `-�,�`
<br /> �``�� `�" is rr�soeived an� l�ed by Be�eHc�ar�r to said �,�. .
<br /> � x � . . � :.
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<br /> `� ,�``'����` �,and,p�stding a draeisian as�tlpie pro��r appl�cation of saic�award, . ',f
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<br /> N ��`���- ;.� � payment or cans�d�atim�,�P�g���of anp sucF►repa�or
<br /> �. � �h ����;Bene�dar��sha�l wat be liab�le for intierest thereon Gras�tar.and Venture. . . .
<br /> •�
<br /> - - � '`�:.��; w i ll,i n g o a d f a i t h a n�i wltti due dili g e n e e,file and.prosecuie what wontd,abseat this � , ��:.�:
<br /> -'r�� - ' `-t� ass�gn�a�t,be its c2aims.for any such award,payment aaF can�id�xra�on a n d w l l l ��,
<br /> : r� L ` gA�31 �
<br /> h° T� �"",= � caus�.the same to ioe c9ullected and.paid over to Hene�cla�ry. h►the event Gm►tar.or . �-.
<br /> Y � �� � � Venhue faits to so act or i�o4�►ecwise iA default he�neundes,BeneSciai9 maY�at its . �";
<br /> � �,"; ,'�. � opt�on,ffie and ptosacute said claims,and Grantor agr�w pap aU cosis and ,
<br /> ...�:;��=::.= :::,-�-:.: BeneS ' � in cosu�ecNan th�rewith,on.demand,which cests �Y_-:
<br /> .:._:�,,�_.:... �:.�. � �xpens�s 9nrurred by aarY . �;.:;
<br /> .. :.T:;.: .4� as�d�cperses ehall also be secsued her+eby aud shalt bear int�rest froan d1e clate pa€d . •�,-`-
<br /> ���`-� � - ''W at the Default Rate,but Bene�ictasy shall not be liable ta Grantor or�lei►ture fo�r any n--
<br /> ���� • � --_
<br /> `:"�'�� fail�ue by BenefidaYy to ca�ect or to exer+cise dilige:eQe in callecdng anq such awasd, . . . ��_:
<br /> ��:._: . p�qntetit or aonsideratioie. If Beneficiary�elec�s to apply any such award;papment ur �T:
<br /> n �-' � cosisideration to the sestaratton os repair of the Subject Pmperty,it shall not be�tiable ��u_
<br /> �; �.•;
<br /> �;
<br /> :': �,;,::...;�:.�::��;: to supervise such restoration or sepair or to supervise the disburse�ent of such . __-_
<br /> . '=` -'^� awasd,paS�nnent ar aamsidera►tion therefor,but disbwsement thereof shall proceed in ..
<br /> _ �:��:�: � -� .
<br /> = :--. -.' �-; 2o ed Bosower in the . .
<br /> -_---- -,�:A .:;�=; accordanae`with#he pr�cedure�custama�'ly emp Y uY �
<br /> :,:�:�';`' .��,:� disb�rsgment of the proceede of a con¢tr�cN even Gran�shali . �.`
<br /> ,r � � �= .��-.- on 2oan. In such �. . . - =_
<br /> �°'� -+'}: �=.'� � deposit with Feneficiary,prta=to coaunenc�tg at►y such r�storat�on or repaiQ,the � __
<br /> sa - , . � --- -
<br /> �.' ' � ' antount,if any,lyy,wh�ch t�ie eost�f such�estoratlon or repair,as deterd�d by
<br /> ' •:<:�' :�».;u''�: � Bene�C,ciaiy,exce�s 4he ancount of such award,paym�t or eonslderation,whidb . , - _-
<br /> .��. �.�. � amaunt shaU be disl�rsed to pay costs.of such restoratian and repair prlor to,and�n . � . u
<br /> ,.: th�sa�ee aea�uner as,such award,payment ar consideration Any surp�s�e vv� `
<br /> _.;,�., .,�;._m.: ��'�_.
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<br /> ,:�,.�:;-�:1:^�.,-°"'.�, . map remain after paya►ent of all Qost�ot restoraflon ar repais map, at the option of . �.���
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