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200207140, <br />Occurs, the right of Tmvmr in collet Ian Rene and to n, nugc 1111 Prenaisu shalt [Intention Warr fiuNy furniture and sttuh right, <br />together with other rights, powers and 11101011ceations, conflicted return, shall belong exclusively to the Bueaciary. They . <br />enters upon the Btr ¢Mary a poll ouplad With a Interest and cannot be invoked by the Tnumr. Upon the occurrence mof a <br />delau11, the Beneficiary, OU its (ralOn wltlwul Milan end erhoul seeking Eir obtaining the appoinonant of a reQuiver or taking actual <br />plosuhsloil Or Eric Pre .. maA ( %), alive Cartoon to any fe ants) try tire Waral ) I It 1-n oak y jairTnefly under Lhore lea. <br />aye n(t) (details in the Bnfleary (if its d-gte (b) conference lirwln endflu fl for spptmnrnt eta <br />Ben.. Ir (o) give notice to the I TUSU r that the Totstnr should collect all kevt ancient from the Proof and runic them m [It, <br />eficiary Inner colkcdon and tut the he r Leads ninon be te.nu bf the 111 I e prompt Paym by (cmm(s) <br />under fhb I asc(s)_ All deals encovel by th1 T or 41 be held in o st br [he Trountoi - far the berairary . All scale oa)menu <br />alivul try rose Bancefiteiry _ r y be applied fit any f d Beneficiary deb t e. n Idi . rut Fred abler this Deed of <br />Tna.rho Loan IeONIFaut The T eosaprees in hell mM tempt htmilles 'Tom ace"I's calmlag to rea'ICa <br />paym m of 1 to die Reneaciary. <br />2,13 k1atnre Piling. Pmt die date of its recording, this Deed of'ICore shall be fictive at a me inns Lem heat a a [Ixtnre <br />[rang under the Uniform Cbmnerciel Code trim respect m the Impro chroar s and for thin pugose cthe rairmov and eddreat of Ne <br />debtor Is the native and address of Tenser is set fonb in this Deal ofTmst and the Create eM address of the .secured pahy is the <br />rinne and iddress of the Berrafirmary as set lorth Lie is Land or Treat The Prnpen} lacclocles goods 01 arc or any bet he so <br />affixed to real PrOPCrty th it) bcnome moues End produms red proceeds of Nc Property_ If:my d the Properly is of a n <br />. <br />Far .. comily ImOrra therm be lcrf..eted Elf,, III, thdfon ('affarr Cade hit, DvQd of I cost shall nlsu C 0 J1 S U ne In e IT it <br />of st,nnev interest to the B r1 e'1ry ire "no 14S I Scantily, Aginerring, .ud Irel'tor alihorilet the I'ng hf: y Creating snae- <br />nl "grtvs or coterie Othcf instmmcln let t ay be ayirel for the finell dooffartion, perlheuon of ]career of suel <br />Secmily interest. <br />ARTICLE III. RIGHTS AND DITTIES OF I` HE HDNFICICIARY <br />ba addidn o all bitter rights (including sctof) end dares of Else Befo bacny rooter the I Dowmenis which are expeasEly <br />m mpomeei mania as a your of Nis Deed of'TOat. the following provisions wY11 also apply, <br />3.1 Beneficiary Authorized to Perform file TriI It the Tnmmr tolls to pedomt any of the Tmstofs duties or COCJWTOS EEI <br />fonb in this Dad of 'fmse, the Renendsry may perform the duGu Of sar them m br ban (Je nui, mdahnF. I%i@na beginning, <br />reigning the Troicar y MEMO or Drift, a tun to acquired, and the Lost, with imams[ at the chrfnuh rate set fork in he mean <br />Documents, wil l 11inilivsk Iy be due [Tell heoTrusmr m the Bevetieiev fmm nib date of expundintrc by the Bomeftdary to data of <br />Tay inner by the 'fmanr, tad will be ran of the Obllgatinw conceal by Nib Deed of Ter Allada by the Beneficiary, arc hereby <br />rmilind oM approvon, And t inner' , is flina be liable for any f QClII11nscIUb on otSalt,t f for rely ernrscydunent or <br />not die c of lie[ or Ian. <br />ARTICLE IV, DEFAULTS AND REMEDIES <br />The Baffolj Cray cE ., try riCIs:ed ocnede, fader 1sDal of Tral Upon delith Attitude sillootbar TtheTis rr 1'aiIc <br />I) nompiv Willi the mfms at City I. n Doclut c (hiduding IN' Deed of'ImS1 'IT ) ennonfla by the T n'mr) or a dement) for <br />Isrpn ll s ILIIII under a dement lea (it [lie bristor Clujcre On :my other mangate affecting Imo Land, orifnny other obligor Bits <br />to rinj with the terms of any I.O. n Dommenm for which the Truster has given the Barrel nary a guaranty or pledge Upon the <br />Occurrence a Idefmtt,Run Beneficiary map declare the Obhgutionz robe 1marri dy one and payable <br />0.1 Reedits. In addhiO w We r eredies tiffdermilr set seen beluw and In Lee )that Loon Dbatmems, including a alerabbn. <br />the Baoefirimy upon default wlllhan all Icam III and remedies fordefau6 available by law of equity. Una a dofaulL CBeneaciary <br />iiacY exercise the following rrnWics_ <br />(a) Enforcement of Assignment of Rents and Leases. BomGulory ally. <br />(yIncilman de heel sterICII In T Us -bllwt he Refs (rvgvnlle.'E ol whether Bztebeare rTn_ e ahtll Jain, entered <br />I'll p. of [he PT')PcnV)l e011un and son orilhe Rnbe n1jacricifir s Cen nome. giver wII: Ind refuses tl xefon :ad <br />alter1111 e(al, allesLe,u fn llee-ag including eI an .s' fees. apply de ]let pr ce k thsnot cc, Coca 011 : nn <br />as Bclefkmry nice elect, <br />she ration. mwiff, ntfnn caneol n, c)t cofounder ofany icon I'. Npmt Rcnis malignin, dewa tifnrboli, <br />repoo i n and make h endY fo C g, Carl ofhcrwo'e it() : rytti g Be e!� e.. mbar deems advisable t <br />connection withue Prupcny, <br />(rap .apply the Rcoti ore wlleemd to the opunition and rragn r )I' W1 Prayers, mention the Puymurt bf <br />reasonable In ptL brokerage and Conroy,' hers, or to the Ohlig:nl n., and <br />(is) I Trustee to baot,, Cold lithVer P +Lon Of all ue rfy dap . ts end records derail' oBcoeficary. <br />(m) I'n v. of Sale. Beret ciary play new he the Trustee. Inch the l rtmme If hereby manerized and empowered, to CJILIT Our Anal <br />Procession if the Pike S,e t d I call sal r ran of ho P -opt . nllnco 11 (lie Nee nakr 'r a Duels ALI,,. he scene <br />rebel act melaied enodri,if 'I'1T eenlle sell Ill ponium of le Pr OI Lagh Oran lots orl-aels, It <br />nlamt Page a of x <br />1 1 1 ;ul <br />