|
a
<br />87- 1032:42
<br />insurance premiums, ground rents, and all other charges wha!soever levied upon or assessed, placed or made against the Trust
<br />Frcgarly- Trusto Airther agrees, upon written request by Beneficiary, to promptly deliver to Beneficiary alt receipts for the payment of
<br />chwge -- Tri ikewic.E agrees -,- P5" Y ak races, assessrr tints and other charges levied upon or assessed, placed or made
<br />agaw,st. or measured fly, Mis Deed of Trust or 2r-- : eccr hereof
<br />�. is*;?,� : of .°a,,^rents; AN pa: :mnents received b Hwy as to any de:ht, liabin ° ti � obdegarn;n cwad o Berzkoary by Tgmtry
<br />a he p-ppkesf by ,Beneficiary to ttm p3ytr e& Of S or to any such other debt, liability o obligation, ir,- ar, order a
<br />roc: ap r _.nt:<xt sf?iclr Bane teary, rn itt �oLft r— k- rabon. deers °opropnate, CMIess oM- ise eYr-€eri by BenaT, W. any
<br />std pay Ott shaft be downed appked &V to the paysnant at any rent. sia_i- N or obligation ottr thy: #-- Mott.
<br />65 Cftargea: Liens. This or wal keep the Trust Property bee from all ;rm and eactm- biiinces wh ch m any Tray may, in the ludgment of
<br />BerrsTtcwy, have pnPr7i'yr over, or die sec r� �-_ Deed of T rust but Tnastor need not discharge any such han so as
<br />MMW shy agree, xn writing, to pay the obfigararr secured by such ken in a manner acceptable to Beneficiary and shag in goad faith
<br />t
<br />such lien by appropriate legal proceedings effective lo prevent the enforcement M the lien and the loss eat any interest lit or
<br />part of the Trust Property.
<br />T- ftazard Insurance Trust or shy keep tl*- bu dda?gs acrd other improvements now existing or hereafter erected on the Trust Property
<br />insured by insurance carriers satisfactory to Bendy agairw loss by fire, hazards included in the term ..extended coverage.. and
<br />such other hazards, castrabes and conerigencoes as may be required by Beneficiary in such amotaHS and for such periods as may be
<br />required by Behafrr"g The pts6ty Of muw&--- shaff be lo farm acceptable to Bwwfrciary provide that the same may not be
<br />a:WN*Eed Orntoaified without New 1151 days prior tertian nonce to Beneficiary, and shag have loss payable provisions in favor of and
<br />in km acceptable to Beneficiary. AN prerncars an rsrrance policies shaft be paid in the manner provided under paragraph 4 hereof
<br />or, If hat paid in such manner, by Tnaskar mafwtg gayrnxent at feast fifteen f15t days pnor to the due date. directly to the insurance
<br />carrlar. Benaocoary shag have the ngm to hoist fise p and renewals thereof and Tnislor shall promptly furnish to Beneficiary all
<br />retie" notices and all paid premium n? -&M received by a. In no event shall Beneficiary or Trustee be held responsible tar fn*ra to
<br />pay atsrrence poemens or tot any foss or damage ansxing our of a detect in any policy or arising our of any Wuie of any insurance
<br />company to pay for any foal or damage anureu agaraf or Ar faire by Truster to effect the insurance required hereunder, An the event
<br />Of Joss. MWOr $40 give Prompt Mace by mad tea me 4moance Carrier and Beneficiary Beneficiary may matte proof of loss d net
<br />made prt rnplly or in proper kartn by Truster At PoAVa[ of insurance and any and all refunds of ura;arned premiums are hereby
<br />assigned to Berm6cwy as addaana secrr for me payrrvAne of the indebtedness- In the event of Berreherary's exercise of the power
<br />Of sate contend harem, or in the event of fore0osure, at nght We and interest of Trusto in and to arty .insurance policy then at force
<br />shat pass to the purchaser at the trustee s sate err Aare " sate, in case of any toss, the insurance proceeds may, at the option of
<br />8ene6cory . be ataprted by BwWkf nary moor tone kacieareaness, or any part uheeeot and in Such order and amount as Senekiery may
<br />dwlieft ne: or said wsurance proceeds. at !tie o sor of Seneeciary . may eaher be used in replacing or resn" the Trust Property
<br />paraaty or MIMIFY desfioy ed m a writhe+ saaasraCxry tb 80na tcwko said insurance proceeds, or any portion thereof, may be
<br />released So Tnstor a -Jan Beneficiary and T: Loki ot� agree rn mitring. any such wppkcahot of rrr:4cwahce proceeds shag not
<br />extend or pos$one due due date of 4* flora or any �s a*"w hx ca#t+d for thereon. or change the amount of such instarikttents d the
<br />Trust PmPwI y s acrfcarad --V BWvAc%&rY xarrsuarr' Ic the exerc se of the power of sale or other loreclasure, all right . ntte and tntatest of
<br />Tnx r rn and to any M --lice Proceeds payable as a resat of da nage to the Misr Property pnor to the sate or acgLasabon shelf pass
<br />So Benefit a y and shag be arppeert fc -.*'+e c Is and expenses olciudmg attorney fee& mcusred in ctmecong such proceeds, the#
<br />v tfae manner and in the order prod nerw-
<br />8 AnrserYraton and MaIlVenance of rhZV Pope--# Trrstvv and xeop the &POngs and other tinprovernents now or hereafter erected on
<br />*he TA.ast PropO-Ty sh good nhaaw Win =MMOe Anc NO -KV COrnOw or permit waste, ;rig not ale:r the design or snaehrai cteraoar
<br />cotrsetutartg any bu[dnrV how or Meruea+rer bvtet_9td Cr ono cc?nstredn9rtg the Trust Property wittrout the tenor written consent of
<br />Benal vary. NOW hot Qua Wry act or ?WV aMCa aOad r anpav or depmcwe the valrae of &* Trust Property and WO not abem*rt
<br />ire Tnw Pnop®rty Tiaslr MY not remove wN tMOPS COMM" the Trust Property nrhlass the same are unrnedYattty replaced slAh
<br />me property sabred lo the J4rn and seraurtil mWast of ±nos Deed of Trust &W of ar least wtuat value acrd tallith Tnrstbr wet cww* WO)
<br />ad pub and krhm ordrYances -. "qLAAnons a?--- d4 airy goverrntentaf bo& whrch we appLCaate to tote Tntst Property
<br />and "the occxApartcy and use rrterear r - )A ---r; CO Trust es On a �+rO m a corrdorraeran or a #enured oat deveioprnent, Truster shelf
<br />Pwbrm air of Truster s 0069SOons under tote aiscuvarors a caaverwxs Creanng or governvtg the cono wnw%urn or the pranrted unit
<br />development tree bylaws and re ran tnf rive z ear Planned una devekWonent and tine canseftlent documents.
<br />9 -*M� Bertaferut><y or is agents rnaf ar Af rea� vrvs , er r man tore Trusf Property Aor fft purpose of wnspecbor.
<br />SwAskyary shad have to OW W -%eke x --2,5poctia- anc shat ?a tilt kawe to Tnrstof or to arty person in possesprn d 4 makes or
<br />to .tare any soot fmocbon
<br />f.0 Ptotacaon inn secxvey A Trust or larts to ow— a#-.y or -* cowww" ano agreements conanned rn Mrs Deed Or Trtust a t any action
<br />ors= _ 1_s wIlh— or x r •rw', l' -,rw -y or --- ir-A"aof Truslor orSenelloary nor
<br />She we of 7, us or :r ant;_ then B ar its aP&G- mar Perform suCh convene —s and agreements, make such appearancim
<br />as"To against and rrrvesegate su:r, ac-per cry proceeOmg and Take such stiher action as Ber*hc wy deems necessary to protect as
<br />r:eer+esr -CALL Ong. bud ncr to drSLRar -WOW'* of -0,� a Whey fees and entry upon the Trust
<br />ant"M d%W'sed by 98ha Gra-ry.- f&i&hf � hRS nrhPewrtr tD make rapers. Any
<br />:aaral�!^ r�_ �trr crest thereat, srt� cdrrshhRe trndebtBtetess of Trshar
<br />sacuroer by liars Deed of Trust Umess Tn.stcr and Bene 4owy aq-.e le outer terms or payrrrent such amounts VW be payable won
<br />now* hart Bw� W T;uslOr re ag paq� - reot, and sea' bear interest from the a" of d sbtrsewnvw at the fA' f * rate,
<br />d any ser lath to the Note. gar oewwaba ac trot: ' -'Sr"e ^ate pw--vned by taw Nothing contaured m fts Para~ --W ra3quWa,
<br />Benethoary to MX r arsy egwtse or take amt acnah tie errwer TrLwor wrevocably aumaanzes and empowers Senehaary to enter upon
<br />V* Trust Prop" as Tra Wor s agarx and ,n Truslor s ,:.acne or outerwrse to Perform any and ae covenants and agreements to be
<br />d by Tamar as hero± pmwKv+ Bar c ary s-f at its apbon. be subrogated to any encumbrance doom of demand
<br />and AID me > e -- W fur *I* p--r- —r erWOEknf rye! rr . tr c-wpe-a by B-t°fc�ary wry' t^0 sv S herva'r and any Such
<br />su rogman hurts Shag be admo ar a--- e r'r efts Deed of Trust
<br />Conaernnaaw The proceeds of any- aware or ciarn for darnages are v or cbnsequenow. in connection wren any cbtadern nation ar
<br />Door twong of the Trust P -gpenN br arrr ParT 7faPrelt- or $hr carer eya nce , *eu of or cis 3naapabon at conow mason, are hereby
<br />assigned to and Stier, be ¢ant *4 Berk =anon Trassur w '%e ana PtosecLne, ,Yn good Earth and with due d*9enc*, 4s 6awrt for any such
<br />award or par-w,- w-- c3: s,- sov-- M De CoAft-ic-a and Dad to Benef c=ary. and should it tan to tie so, Trusfor ore ably
<br />auutonzes and empowers B&W 4& r -r t * r4rne of Trusser or; vase. tc Ne, prosecute. seele of cornpeorntse arty such clam and
<br />to cameo, necerpt for and 'etaea the prrxveds M tree Tr;,-h Paver -y ,s abandoned oy Truster- o. after notice by BenefB crary to Trostor
<br />low the csondertraor aft to make are award of setae a ciavn Jr damages. Trrsl[r tads to respond to Benet+caary *+aril tarry (301 days
<br />after the date such notice is raaytev. Banefirjaryy is a uthonzed ttr CpeeCt end af,Ply the proceeds in the mariner #Xbcated herein The
<br />Proceeds W any award or c-Aaffn rW a'er deduc" as reasoneAM costs and expenses. noudtog attorney fees, whdr may have
<br />been Incurred ='y Beneficiary r Pre coeeceon menW at 1"he sae discretion of Beneficiary, be released to Truslor applied to
<br />vsftn Eton of Trust P `aPS y- of applied is the pay-o' -- ^'are debtedness 0-:ess Benehcwy and Tnastor i se -Vee m writing,
<br />arty su .ct- v c-?�._ ._ lire o-.are crave i f rite Able or pairnant of any
<br />rrstaMiMents camw for
<br />t? tnistur Nor Released Eawsaon of v* brute tear payympnr o, "*d r Wbw of any a rr o atrwz tit the lndebrean ess granted Py Berohcrary
<br />MD any successor," interest or Truslor shalt rho€ i0perwe o release_ :`t any Manner, the tab fly of Trusty ern* Tn sFv t sxrcresSo s rn
<br />nearest DW*6 nary shad near be requred ro comrnence proceedings agaosf such SUCCessor of refuse to extend tan* for payment or
<br />p rxerarese mocVy amortz of {±tie indebtedness by lessor or amp dematnd made by Tars; , anon; Trustor s successors
<br />in enter w
<br />13 FowxA* Jr*rmvatorr_ Lipton °fir of Bereft;, dry Ttustar war PrWlae to BWVAC4arV *?Mr rmtete i Sir days o the CAIse tg each hscai
<br />yew pf Truster- the cc rscvdal8cf baiance 5r-er and s ate r en *C'? earmngs of Thus" arts any and ail guaranror_= of ?tie indebtedness
<br />S*CWW hang, far—k— WV +nit pro�r'E an- dB*rW m e�*et!°s. y sutn other i-nanc:ai #nformaYiln and w suc?, mafvwf as Benefrrtaq
<br />roar reasonabrry request horn brie in tirne
<br />ft rvuv ce w Cats in admix• fn awry Vrtrer 6'Wt Cear ca ?rarf =_ rO r =usrur -r ade'n any :z'er agreemer -r. ^.s a e?nr ; khac M".0f
<br />: re.'tt4"hr 31:'aw CrJrnCiy *,fh av c irate f swr a a"v 4na are guX�3r.•.3 �d ±,^-9 r' *i#Te;Ire�.S c ac:'i.re?s�' .^e�ret'Y 'c t.:zn Y avr:',� . -r 5c:
<br />rq(YyK.P Wrtfr t=om ;arpwar'q frnarv„'#ar C(7v±rr'arrr5 i Thr3 r.3skk'aM;traM` S = ^.sa 4r±E 44 ;#ecr '! (i'
<br />'a°ar" rvtrwn ' v r..e �', t ar . H set
<br />ri �.�Cr+d,'7`l% •`• i9as ±5 tSrfTtv^ µ a
<br />r Ways f
<br />f,- nerra; .�r. ,,,;. , . erri:t•_ :,s•, - , _ ... .. W 'rr'
<br />k- k':.r:° 3� �ra!•TwR ., r i�8 . ' !ham .:y r.� 7v'Y r:.:�ard,r, .'tar. ,. . rrC � �.�a. - -cr i ... -1" , t ill y c•� . r
<br />aY,f
<br />>�� - -'" s€,in�a.rs <�>.: •a:',.a^ -�.,e> xs t3Rr;srru:;a'- - -'"a. • #a;a.raty, �e+c.::,??+'
<br />
|