|
200213694
<br />10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. TVSlor will keep Me Property in good condition aW
<br />make Property Taare ressona,thePrpery free of o,ms wordsand orallow mywan;imp®mwm, or= otheion
<br />o[Ihee will an Trvamwillkeepthe Progeny freeofss,'s swecis graam; Trans, agremthatthe nacrempoccupancy
<br />and use will nm.mbamliallY Change without Beneficiary' s prior written contra[. TrvTorwill rill pewit enscriary ferny
<br />Hems; mlricWemvrnams,matrona against Tongan, pdmwriamr Murs TNRmwillmifyBm<ficiary of ell
<br />demands, proceedings, claim, and dims against Truax, and pfany loss or damage m the Propnty.
<br />Beneficwyerr Bmefidar, s agents may, at 11— ficiary's ophar, rater the Property a any r awtable own fm de
<br />purym<of inspecting the Property. Benefinyinmaligivo Ttuatornoim athetim<ofar Bronfit and ing
<br />Treawtablen no% fortheinspection. My mechion ofthc Property mail be mtir<lyfor Om<fciary's bwwfil end
<br />Tn¢ror will in no way rely on Bmefidary's insmaion.
<br />II. AUTHORITYTO PERFORM. IfTruatm Dils to pmmrm anydutym myofrM1e covenants mnwnW in this Smunty
<br />Insvu ', Bewefciary may, without colic ; pert or cause them to be pal coed. Troam appoints Rsneficiwy u money
<br />in Dctwsgn Tmstuis nameoroy.yamoumn<cUCSVyfmperf e.lameficiary's right to perfom for Tmstor dull not
<br />trae an obligalim b perform, town Beneficiary's failure to pert will not preclude Beall ay from<xacimag my of
<br />Beneficiary s other rights mdcr the law or Nis Security Ins¢ummt. Ifany mtamuaim on the Property is discmdnuwi or not earned
<br />wonable... Benefle ary may Dios all Legs oreasary b preleer Beneficiary's security ima<R in Me
<br />Property, including complefiun 9ffie moon tim.
<br />IL ASSIGNMENT OF LEASES AND RENTS Truam iacvacablygwu, conveyF eM sellsbTrvsm,in NSaf Nebmefit of
<br />Bmeficiwy, ss atldinraal smmily all the right, side and inmml in and m any eM all exiaingmfwrt Icwus, wbleaw, eM any
<br />om<r wri¢enorvmbaingreemmtsfm artseaand(avpwa iE,an Wrdm ofde Progeny, in marl pr my extmslnN, renewals,
<br />mdificxims or snba1N11oN of sash aPamnen¢ (ell refenetl b u "Leases ") and scot; issues and qo0¢ (all referred b as
<br />"Rrn¢ "). Truaorwill prompHyprovide Beneficiary wiN hue arA cmrca copes ofdl exiain6 and fubve Lwses. Trvsmrmy
<br />roll<a, rmeivc, cnjoymd use tlm Rm¢ m kngm Truaar is not m dNaWt uMa Nc tram ofNis gmvnrylmtrumcm.
<br />mtiry yofT kdgm IMt Ntsassigmmnt isptorC Upm N<rtradine oft t OWa iT , avd Na B¢e( iaryis entitled to
<br />onlifyanyofltwillRsrraan¢tomake payment or Ren¢dm abs ans]Uion to and Merit 01 However, began durcedes shut
<br />onlymdefault willBraeficiery noi[y TrustoraM Tmsm'stanon¢aM make demand Nadi (calms Raw he paid dir ty to
<br />fkmficiery. Qrm<ivine nake ofdefsult Ttuaor will adma Mdclicerb Benefkkryanswith nyoti Rm¢in Trvuor's
<br />pmersta heted will ivemYRcwinbuafm Bmeficiarymdrumnt muster warrants that no default exists under dR
<br />Isaas m anYSOplicabk IadlaN/letwt law. Troam alas sDem to m'vuain W require mY awttm cottglYw+N Ne
<br />teems o[da Erases coq applioble law.
<br />11 LEASEHOLDS; CONDOMINIUMS: PLANNED UNIT DEVELOPMENTS Tmnor agrca mmmplywiN Ne m9visina
<br />ofmy kaaifMis Smunty IvsbunaN is on a kasehpld. Iftla Pmpwy includes a udt b a condominium or a plannM wit
<br />dcvebpmenLTruaor will pert all ofTnusm's duties uvda 0e mummer; by- laws, er regulaumas ofdre condominiummplanned
<br />YNl devel9pmenl..
<br />14. DEFAULT. Trnam will be in d 11ifmy party alingatml on Me Semad Debt flak; to make payment when due. Trmtm will been
<br />default ifa breads occurs under he mass ofthis Smutitylnstnmwm in my other daummts exmDed fm the purpose of coming, acuring
<br />or ga ortmf ifs Scoured Deb[ A goad fv'N bcliefby Beneficiary Hut BVafidsry a any titm is inarart wiN rerpmt b mYpesaon m
<br />rerad
<br />eligemd m Hw Secured Debtor Hat HR prospect ofmy payment other voter oflhe Properly is impvtd shall also eanaiMe an
<br />em o(default.
<br />15. REMEDIESONDEFAULT. In mmeinsana;(de<al and eras kw will require Bmeficuryropmvide Trt¢wr with Mtim ofNerighs
<br />ro arc or otM rmkm and may naabliah awe seheGdm Far mrcclosurt actions. Subjmt to Hine litdmims, ifmy. Pmefisiary may
<br />areelern< Me Sewr>d Debt and f Iese this Seeuriry, insamment in n mmer wondcl by law ifTrusm is b default.
<br />At Me opira of9enefiday, all or my pat ofhhe agrrol f and dargos, smruM meta sM principal shall beemaw imrtcdiaely due
<br />maned 0all a0er givingtwiceifs gylaby law,uponde occurrenceoa,this hormNVme Neaa0er. Inaddition,awamt,,,shallbe
<br />minded lial the smashes
<br />power Wsell by law, Hamm o(Ne SecmW Debt, this SmuntyI CNTent erd myrelatd dmummt ;including
<br />wiNod limiatim, He power m sell Me Pmmrry
<br />Fxperer+O199a sinkers SYsenow Ile., Se CkW, Myl Fran US &REDT.NE 9118 I
<br />(page ]seta)
<br />
|