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<br /> ' ' k�sw�nc� �Qroemd nnb,and�N otMr c►w�w wh�havw rorl�d upon�r�eiM�Y��Pn�d►�v�T�r�
<br /> P/t�JJN(jl. RlnOI/IX1/1!/�Q/IOY�U�10/1 W!'�ltMf frQUNI Or BNI�flC�w� �n�
<br /> . G�? wCA CJwpw.TiwfC►Nk�wla�rNf t�pay all fauM,ossarm�nq n+W otM►Ch�uQW NrWAd wAon.O/�sfNtad,Pl�a�d a�� ��.,,.,�---
<br /> � • �. O �p�ntt.a m�asw�d dy,thls DNd ol Tnrst a t►M ncordauon Mrr�ol. ��� �•.�__-. -
<br /> . �6. I{ppYc�tlon o/P�ymenb.AN paymN�it ncNwd Dy B�rulkl�iY 4t tp any d�bf.Mabwry a obMD��'n owar to e�Nola►Y bY Trwta►
<br /> ' .1 p maY b��pPN�d bY Bonxflctuy ro tM paym�nt of fM Ind�bNdn�s a ro iny wcA otMr anAt.��AbW�'y!ar ab�@adon.In�ny ad�r or --
<br /> ` .•� ` mann�r of�ppYcaElnn whlCh B�n�t9cNry�In Itt abiolub dlscisCon.dNmt�p n,UnN►�t OtlMrwiJ+�vMoted by Ba�AiCla►N��nY
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<br /> < .;.`�'=' . C such paymmf ahap b�daem�d apPlNd/Mst ro tM p+rymsMol�ny d�bt.Nw a obNyetbn ol►►nr thAn pM Np(w. � __._
<br /> ' - • "" f 6. Clwp�t:LMns.Trwtw wlfl kMp tlN Tnaf Prn��rly hw hom�II N�ni snd pncumWu�c��whl4h h Mny wA1'rnAY:.M Ihn NN�A�t d �:_,,,�-`;,�= -- -
<br /> , . ... BnwbcNry,havs prlo►iry ow�almpalr G►�a�cudly d,thi�Owd d Tiutt Duf�rusfo�nMd nat disahA►p4+mr;�MM���� R
<br /> �� (V Tnabr shaN�yrso,M wrinap.ro pry d►e obUpadon sscw�d by cuch fian�n a mAnnor eccaptnbkr ta BAneArrM� 9Q0d _ _
<br /> � Q� contat aucAWn bY�PP�qPy��'v P+��►Os NNctiv�tio prswnt tho�mbro�m�nt of th�Mun�nd NM 1ac�+�f any lr+t�nu In a �'��-"` --
<br /> . p�rf o/tM Trust Props�ty. =-
<br /> _- .�, 7. Harard Insu►anco.Tiusta ahall keep ths buudlrtys and otM►impmvvmpnta naw��►s�np or h�mpft�r srnatAa An tM Tivat Prvpaty �_�.��--_ —
<br /> lnsund bylnsuranc�canlers satlshctory M Bensfkl�ry ap�nrt k�v by l'Ke,hAraMa�Inaluded�n�►e tamt..�xt8�ded covnap�' and �'�_---
<br /> . " such Whor hazards,casualtlos and ca►dn9encles�s m�y be►eQuk»d by Ben�/lAisry.(n such Amcwrrtf►�nd Ibr such pNiod9 aa n'uy bo - - ��,.�
<br /> reqWred by BeneNclary.The polky ol lnsurance ahaN bs!n form aca�ptab/e fo BanalkJa►Y.Amv�ala that fhA same may nW!w �''�.���d;�==-
<br /> cenceNed a mndlNed wlfhout hftean(15)days prior wriKen noUce ta 8enafialury,Anr1 shaN�►avo M�s PdYO�Drovisio^8 U►levw ol�nd �;�'�",r_---
<br /> !n/am acceptable to BeneNclary.All premlums on Insuranca pofJOba shpll ba ppld;n d►e manner provided unBer parapiaph I/Mnol ,';,.���,�«�-i.
<br /> • "}i;�';;�°�. . • a.H nat pald!n such menner,by�rostor making ppymont U/e�,st 6ftAAn/t61 dt�Y9 P►�nr ta the due dMe�dlrecay to the lnsunnca ;.�:=...
<br /> canter,geneRclary anefl have the right to hold the poddes and renewsJs thereol encl Tru&Iar afratl pmmpN��lumish to Benelklary all
<br /> „_.� ' renrwaJ notices and a11 peld premlum recelpts�eceived bylt.In no event shW 8ensiia�iry or Tiiuctae be held responslble lo►fa!(aro!o - --
<br /> ,+ paylnsurance premiums a lor any loss or damayo adaing ouf ol a de/aat ln any polimy or ar�a��g out o1 any fa�lure of any inawanca
<br /> ,, -:r. companJr fo pay/or a�r loss a dama�e lnsured�pe/r►st alorlNlure by TruaMr ta olfeot tfre Insu�nnae�aquired he�eunder.U tfra evw�t
<br /> :;' ��`. ' : o/bss.Tit�sror shalf gJw p►ompt nodce by awll to the k►sunnce carrfe►�nd BeneRulery:BendHolary m�y�lake prool oi bss i�not c - °
<br /> • made piomptry a In proper brm by Tiusror.All po!lctes ol insure►�ce and arty and of/mfunde o/unasm�d Ary►ndums are hereby
<br /> � � ' �ned to BenaNcJary as addltlonel security lor tlie paymBntof tha Indebtedners. In t�a event ol Bene6ciary's exerclsetoh/fhe po� `4_ .�
<br /> - `' �� •' :•�= o/aafe contalned hereln,a in tha event ol loreclosure,aN d ht dO�e and infarert o!Trustp�In and b any Insurenca policy
<br /> � �.;;�:":.,;. ' shall pass ro the pu►chaser et the hustee's se/e or lorealosure sa/e.tn aase or ar��os�,fhe ln��anae proceeds may,&t fhe optlan ol �.�
<br /> •����.• • Beneficiary,be appiled by Beneflclary upon die Inde6tadness,or any part tharaof,and m such arde►and emount es BeneNclery may
<br /> � ``' � ''` detemeine:or sald lnsmance proceeds,at Me opdon of BeneNdary,mAY eitl►nr be used in replacing o�restoring the Tast Pmpeify _
<br /> • i• �",:;, . � . artlaJ ar rotelly destro ed to a condidon sacsfecbry to 6eneficlaiyr a sald�ns�rence proceeds,o�anp poriion thereol,may be -
<br /> ' `� �' ' •',;3';��,�� re�to Trostor.U�ss BeneRciary end Tiuslo►aihendse agraeln w�dnp,any such applkaUon ol inevisnce proceeds shall rrot �-'�-�
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<br /> � ` �, ��• extend a postpone[he dae date o/the Note,w a»y installmeMS caNed lor tl►ereU,o�chenge the emounf of sach lnstellmenta.!1 the i��:��::
<br /> � �!•• �• '�;�,;,.�` Tiust RapeAy!s acqulred by Beneficiary pursuant to the eicerclse of the power ot sele w other foreclosure,a/l dght,tltle and interest ol .,�-r,,-.•�. �• _
<br /> , �,`�-�,� Tiustor ln end to eny lnsurance proceeds payabfe as a ieault d demage to fhe Trost Properry prla ro the sele a acquislGon shal!pass
<br /> iy s.;:.,,:. .�: ,.. � to Beneflclery and shalf be app!!ed hrst fo the costs and eKpenses,!ncludiny adomey lees,incuned!n colWcHnp such pmceeds,fhen ���
<br /> � � !n the menner end�n the o�der provided heiein.
<br /> tj `n:="' 8. piesarvauon and Mainteriance uf Tr��Frt�perty.Trus[or LrtU keep the buildings an�1 oN�er improvements now a herealtsr erected a+ ,,,{�„y�K�,�:- __
<br /> . . :.`... the Tn�st Property!n good repair and cor+dldon and wllf not comrNt or permU waste. w�D nat eft�s►fAe desJgn or abuatural character =^'�� ,��a �
<br /> s� wlthout ine pdo►wMBen consent d
<br /> ���� �;.,•���•`;.�,:,,: consoterhr►genybulldingnowahe,eatlererectedonendcoruuBt�fi�gtheTrustProperty ,��,.,��:.
<br /> � .,� . , .,, r,,t;��,,;. . Benel�ciary,w111 not do any act a th�ng which would undup lmparr a depieclete the vatue of the Trust ProPe►ry an d w i l!no t a ban don .. ��•��•
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<br /> �.. i� ,x,l. the Trust Prope►iy.Trusfor wlll not remove any fixtu��s consGitudng the Trust Pmperty unfess the same are immediately replaced with J � _
<br /> ' ��; � Nke prope�fy sub/ect to the Gen and securiry irttenesf of this Deed of Tiust end of at least equal va/ue and ulility.Trustoi wlll comply wifh �.•�- • '
<br /> � all present end luture adlnances,regulaUons and requiiemenfs ol any govem�r+ental body whlch are epplfcable to the Tiust Pmperry .
<br /> • and to the xcupency and use thereot 1/thls D�eed af Tiusf fs on a unlf In a condominlum or a planned unit devefopment,Tivator shall '. �
<br /> . ' � peAorm ell ol Tiustor's obdgedons under the declaratlons or covenents creatlng or goveminy fhe condominlum or the planned und ' y{;��:;;�,:.•� �.� -
<br /> �� deveMpment ti►e bylaws and regulallons of fhe condar+iryum or planned un11 deve%pment,and the consNtuent documents. �,, ���
<br /> � • �. Inspectlon.BeneNciary w lts agents mey,at all reasonable tfines,enter upon the Truat Pioperry fa the pwpose ollnspectlon. `
<br /> � II hev no du to make such Ins hon end shaH not be fiaDle b Trusror a ro any person!n possession i1!t mekes a ����-�=
<br /> � . � Benellc�ary sha e h P� . '� '.a,;,� ----
<br /> ' /alls to make any such inspeaHon. � . �. ..--
<br /> , 10. Protectlon o!Securiry.If Tiustor lails to perlo►m any of thecovenants and ag►eemenfa contelnod!n fhls Deed ol Tiust,or if any action .•.,,• . :.
<br /> � � o►prxeeding!s commencod which dces or may adversely aflect the 7ruat Property or the lnterest of Tiusfor or Benebciary theie►n w . ,.' ��-_
<br /> �• � the dde of Tastor thereto,then Benelicrary,at!ts opt(on,mey pedorm such convenants and agreements,meke such appearances, � . •. . --
<br /> delend�vgainst end Jnvesdgate such acflon or proceeding snd take such othe►acdon as Beneliciery deems necessary to p�otect fts � ;
<br /> � , ��. lnfe►est Including,but not Iimlted to,dlsbursement ol reasonaWe attomey lees and enfry upon fhe Trust Property to make�epalrs.My _____-
<br /> ',' �. amounts dlsbwsed by Bene/iclary pursuent to this pa�ag�eph f0,with interest fhereon,shall constitute Indebtedness ol Tiustor u-_
<br /> • •� secu►ed by thls Deed o1 Trust.Unless Trustor and Benelldary agree[o other terms o!payment,such amounts shall be payable uport �
<br /> '�t�`" notice hom Beneliclary to T►ustor requesUng payment thereof,and shall bear interest 6om the date ol dlsbursement at the delau/t�ate,
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<br /> { . � � !1 any,set lorth 1n the Note,or othonvise at the highesf rate pe►mitted hy law Nothing contamed!n thls paragraph shall�equlre r ;,;;;�•;�__
<br /> • •�;, BeneNclary to lncw any expense or fake any action hereunder. Tiusto►Inevxably authaizes and empowers BeneBclery to enter upon �
<br /> Z� the Tiust Properfy as Trusto►'s agent and.!n Tiustor's name a otherwise to perlorm eny and all covenants end agreements to be � ��
<br /> '�,�, � pertormed by Tiustor as herefn provided.Bene!lciary shatl, at 1►s optron,be subrogated to any encumbrence,llen,clalm or demanal , • � .
<br /> • end to all dghts and securit(es for the payment thereol peld o►dischaiged by Beneliciary under the provlslons hereol and any such !
<br /> ��.���� subrogatlon rights shall be additionel and cumulative securJty�or thrs Deed ol 7rust. :
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<br /> , � � , 11. Condemnadon. The proceeds o/any ewerd or c�aim!oi damages,d�rect or consequential,fn connectlon wlth any condemnafion or ; . .
<br /> othe►tawng o/the Tiust Properiy,or any pert thereof,oi fo►conveyance in lieu o/o�in onficipation of condemnetion,are he�eby
<br /> � esslgned to and shall be pald to Benelitiary. Trustor wdl file end prosecute.�»good laifh and with due dl:igence.its claim lor any such
<br /> � • • awerd or payment,and will cause fhe same to be collected and pa►d to Benafic�ary,and,should it lefl to 90 so. Trustor irrevocebty �
<br /> ' • autho�izes and emp�wers Benefiaary,in fhe name d Trusto►or otherw�se.fo liJe.p►osecufe,settle or compromise any such claim and
<br /> �� to collect,►ece/pt lor and retain rhe proceeds. If the Trust Pioperry rs abandoned by�rustor.or,aRer no0ce by 8enel�ciary to T►ustor
<br />' • tl►at the condemna oHers to make an award or seKle a claiin!or damages.Tiustor fails to respond to Beneficiary withm fh�rry(30)days •
<br /> `. arter the dete such no6ce is mailed.Benellciary is authonted to collect and appty the proceeds in fhe manner�ndicated he►eln. The
<br /> �n ludin aftorne teeS.whlCh mey have
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<br /> been inCUned by Benel�ciary m the collecbon thereol,at Ihe sole d�scret�on oI Bene�ic�ary.be released to Trustor,epplied to
<br /> i :.�. restorabon o/Trust Property,or appl,ed fo the payment of the Indebtedness. Unless Bene/�cfary and Trustor ofhe►wlse ag�ee�n wnting.
<br /> any such appbcahon o/proceeds to lndebfedness sha/l no�extend or posfpone the due date ot the Nofe or the payment a(any
<br /> insfa/Jments called for thereunder.
<br /> _. �� r.o..,.w,�n���o.� F.rnnc,nn n�rna nma to�oevment or mod�ficabon of any amortizahon of the Indebtedness granted by Benef�c►ary
<br /> � to eny successa�n mterest ol T►ustor shAll r�ot ope►a(e to reiease.�n any manner, the Gabd�ry ol Trusfor end Trusto��s successors m
<br /> Interest.Benehc�ary shalf not be repuued to commence A►oceed�ngs agamsf such Successor or reluse to extend t�me lor payment or
<br /> � otherwise modily amo►tizehon ot the Indebledness by�eeson o/any demand made by irustor and Trustor�s successo►s
<br /> m mte�est.
<br /> 13. F�nancial Infamabon.Upon request o�Bene6crery, Trustor wdl prowde ro Benehc�ary.w�ih�n n�nery(90)days of Me close of each hscal
<br /> ' � yeai o!TrusWr.ihe consa'rdated b�lsnce sheet artd statement al esrn�ngs of Troct..+►and any and al!guaranlors of the lndebtedness
<br /> seCUred hara,by,d any,and wdl provide and dehver to Benehciary such ofhe�6nanae!mformeh�n and�n such manne►as 8enehcrary
<br /> mey�easa�eb/y requesf from Ame to 6me.
<br /> 14. Frnencia/Covenants In add�bon to any other hnanciai caenants ol Trusta made m any other egreement mstrument or documenf,
<br /> T►ustor shall comp/y w�th and shall cause any end el►gua►antors ol rhe fndebtedness secu►ed hereby ro comply wrth,or be�n
<br /> Cprr►p1�enCe with,the followirtg lmanCia/COvenants:�This paragreph shall not eppJy�f Covenants and requirements are not set
<br /> forth herein.)
<br /> i5. Schedule o/Leases.WIMm ten 110)deys alter demand.frusror sha//1um�sh to Benef�c�ary a scnedule.cemhed ro by Trusto►.semng
<br /> IoRh al/1eaSeS o/Me Trust Properry.or any porAon lhereol. �nClud�ng�n eeCh cese,the name ol the tenants or occupents.a descnpnon
<br /> ' of the spaCe oCCUpred Dy such tenant or ocCUpant,the rentaf payaDle lor such spaCe.and such other�nformanon and documenfs w�fh �
<br /> , � respect to such leases and tenanc�es ds Bena��t�ary may reasc�abry raquest ;
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