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<br /> I�atn�!futuT rt1dNMy rnitHN�w�+(9 M Fwx1s If thQ�mowN.�lM�•��+h�H w,:�a���.a�mounr n�c�s ryYro^ma�i�'th cte��cwncy w ttiwe tn�.ty• �
<br /> wt���MCP p/�RmK�ma�rtd proun.7»nts�S fMy faH du�. �h,�sM SAa•'MY �Y �!'
<br /> days ham fn�cMt�not�ri mulsd Ny Bw�M�cw7 h,Austcv'rQ�ast✓�p r���»nt t!�nd UPO+�P+Ym�nt�n ruu d���N�+Dwcl�wss.ET.i�wf�:a+y sAaJ! _
<br /> P+oniWrY n�wx1 fa Austor any Funds!�Nd Dy B�nahc�ary d n+1 Autt�ty w soki untJw tM paa�or d sW+w flw hust Woparty is ofMrw�s� -
<br /> �cQu�»d Dy Bi+nMk,ary. B�nN�c�ary shW app�Y.�r+m�u�+u�Y 4'�;r rwt saki d;N fi,st Prqverry a�t:ncQus ton tr�liw�a��c�ary,any funda Mki
<br /> py gu+aK,uy at tM hme d ap�lMUan s�s a crodt a9a�nst tho Md�On�ss.lf H�rwt�cwy aYecuws�wr�Man wr�w.d 1�usur's obt�u.an�un�r _
<br /> t�F�+,s7r,�p.�o, A�srur cavnanrs�a�a�.roes to Rsy.DNc�e N�r ur�w h�co�w d�t�+wwnt.ou tiws.arsass.�+wnrs,u�wruk:v pra+n,umx prauW
<br /> ronts,and ut oMer charQes w�Mtsoever lq��bd uPon or assessed•p'aCaC°�^�d►a9�.nst:n�Aust Properry• Austor fwtnw�pns�s.u,aonµ�ntP�n _
<br /> nquost by Ear�t�c+ary,fa prwr�otly tYU:.uw ro B�nMraary aM n�cw�'s k�•Mv ppy��rw►t u+wCr r,narga.s Austar W�►�rsa ap�ws h�lvy afl farN. _
<br /> arsPSSnwnis WK;uttwr ct��:..w:�+�w���r asx�..M!+.^'eM!+�v nww wn.+n�� a,wau�od bv.tn,s O�d d�ust a fM1a ivc:an�lat+on►w+io1 -
<br /> 5, AP?:,cation of Ryments. Aa�+sym�nts recriwcf Dy Awwf�c�ry os k+4�Y Wtu wD+l�tY a a9Agaan owvd ro BonMrcNry Dy Austor m�Y da aE;�l'Nd bY _
<br /> 6a+a�iciary ro tlw payment o1 Nw lnd�DAadrNSS a ro any sucn oUw�tloet.wa0�l�ry w cbwyation,�n ary orda a nw+'uwr d apWrcaron wh�ch =.
<br /> Aw►sr+CNi.y.N►irs absoiute d�scrvtion.dPems a!W►oPnata Ur+dss 0!tqrW;:,o Mrtfld Oy Bai►MeC�ary.any suCh pay�ment SMU ba cloYrrwd 1�p�d hrst -
<br /> W Ma paymant W any dobr.Gad+wy a abLyallon orh�r t►w�rrw N;.caz -
<br /> 6 Charyws;Lwna Trustor w�l lwap tM➢ust Propwiy hre�roT+N!lM�ns a^d encumNancos wh,ch n arry way may!�n fha�udg�wnt of 6a»fiCWK►ww
<br /> prJwiry aw,or impair the secwity d.tAis poad d Thust Dri ltasnx rx�d nc+t d�scharqa any such ben so long as Trustw shaA apnv.�n wntinQ,co
<br /> PaY�he oblipation sacw+ad Df'such lrer.in a mar�rwr eccaP=atw tr 6invin;l�y and slu9 in pood ta,tn conrost sucn lran bY�WWW�+��
<br /> procear4nps eJkCU�p�p p�ww�t ryw�n/wcor,�ark p/tM�r+rr anCf tt,�h)ss d a^y ln0atost in a part o1►Iw Tiusi Propwiy
<br /> 7. Hazard Inwrance. Tiusfar shaU kaep the D;,+�dinys a•�d ahar.m(.►�r�vemEJrtts now ex�shng a hereaf:er erecNd rn the Trust Properry inst+red Dy _
<br /> inswance ca�riws satis�actory ro Barwficiary ayainst bss b/tire luzards lnctuc�ed in the rorm•�exiended cowraQe"and sucn ather huard�
<br /> CaSUAItiBS 8�1d CO/1fMNjA/1CNS AS�1➢y bB�BQl:i�id bY Bi/Wll4(Gl�:in sucA a�r+owus ar►a lor such porads as msy De requuad Dy Benofici�ry. 11re
<br /> po6c,y d insuronce sball be in 1�wm accey�taDle to Bawl�iCrnry,P'�:aIP Mal the sarrw may not De CanceUed o�maiihed witnout Gltoen(15)daYS P+io�
<br /> written notica to Benaliciary,ar,d sha!have bss payt+t�e p�'�visl�^ns 1n Imror d and�n brm scceptabJe ro Baneficw�y All premwms on�ns+uance _
<br /> po7iCips ShaJ be p�id irt tM manner p+wldQd u+�der paragrJ+ph 4 heteN or d not paid in suc+��+"annec Dy&usror making payrt►ent at least�iMaon(15)
<br /> days p,;or ro n,e due dare,dwcty ro rhe insu�nca caroe� 8eraficiary slwll haw the right Kr had the po►Ic+es and renewals tApr�o/end Trusta sAaU
<br /> promptly Iwntsn to BanetiNary au rerwwal noUCws ond at1 patd promium recaipts recaMed by�t.m no eNent shau Bonallcie�y or Rus.tie bo hWd
<br /> respansiba I�or lailwe to pay insurance p�M1Ums w k+r a�y�:ss a G�maga ar;sn;,aut c!��y:!in e�r;p^!�f.y CK Araeina Out d i711!(iiNNiB 01 i!y
<br /> insuranCe ComA�nY ro PaY�p^S'bss or d3rnagP insuM egir>st w Ifo►IaiJure by Tiustor(o e!V�.t the lnsWana required Iwre+uidec In fh!ewnf W
<br /> loss.Tiusta shall gh�v pronyN nOtiCe Dy rnnJ to the insura�COC�rtier and Ber�eliC�ary.Bty�e`i ar}�m3y maka pnDOl d bss if not madB prornptly or�
<br /> prpper Wrm by TiustO/AA pOliCies of insur',�nCi�and�Y�80 tefunds d uReamed Pronrt;ms are herBDy�SSJprled to BenefiCiery as addidCrtal
<br /> sa,^,wity fa tAv paymer►i ol tM lndeb�xfrKS,c In the�aa�nt af&c+�elw�ary's a►ercise ol the PcNrr of sak contained hensin.er in the eveM d
<br /> Iprpclowm,a!riQht titfe and intere.^>t of A:•*hv»and M sny Uuu:�ce p�l:cy Man in fa�e s'�a�+�oass to the purthaser�t the trustee's sale or
<br /> foreC:aw�e salo.!n Case d ary 10.t�Nw ir�:�nCe P'ocoa�.''s m�y,et tlx!o,z•+,:rt d Ber�c:arp!OD aPWied Dy BenatiClary uport the lndebt�dnesc or
<br /> enY Part thwod,and!rr sudr a�der and amount as Benel;clruy may dster.n r�e w saia rr.s:Jrance Proceeds,at the option W Beneficiary.may�itha►
<br /> De used in repracing or:rc�-+�rne Tr,�u aro�aY P�rt.aGj�o�xv�r.y dvunn�d a a cond,t��saristactory ro Eknel'�c�ary,or saiu insi,rance
<br /> procegd�a arry portion U►a���maY be ra�e.ased to Trustc•Unless Be�+a4.:�arY and Rusta a'l�rwise agree!n writ�vg.ary such ePPlicatlon ol
<br /> insur8nce proceeds shal!rk�;�.titend or s�os7�c+ra t1►�due da!e d�e hc1�P.or ary installments calkd lor therein,or changa tlw amounf or suG►
<br /> instalJrrwnts. H rhe Rust P�:�xry is xqerwea'Ov Berwfick��a.suant Ao the exercise d t!w paKrer ol sale a otM►/orecbsure,au NQht.titl�and
<br /> interest d Trustor rn arx!te urY insur�cs�xoceeds A�Y'•b e as a result d damage to the Trust Property pdw ro the sab a acquisition shaN pass to
<br /> Beneficiary and sh�11 be aA='sed�irst to tht vcsts and experne�in�+du+D attorneY l�c inc�med in cWlectin9 auch Woceed�tha+in the rtwu»r
<br /> er�tl!n MN orrkr p+rrv'�ded/wv�rr.
<br /> g,presorvatlon�nd Alynt�pn�rx.�a W Tr:ut r�1qa¢rry.Trusta wi:l'n�p the bu+ldings�nd otner i.�r�,,:aemeMS now a hereatte�e��ec�od on t►w Tiust
<br /> pmperry in good ropair and cond+tlort and wilf not commii c:permit wast� w;Anot aRer tAQ deslQn or stn�ctural eharacter cons:R:iii�y ary Wrildir�D
<br /> npv o�r hQre�affer erected ort arrd canstitu5nq the Trust ProeArry without the prior w�itten consonr of BenefiCiary,wiU not Jo ary act or ttw�wAictt
<br /> �r,pr�Jd z,rn�M ln�pair vr depreciat�p tAe�ra►ue of the Aust Prope+ty and will not aDandon the Tiust Proparty.Trusror wi!!not remas any fixtwes
<br /> consrituwig rbe rr�sr Pn�portv wtless u�e sarne are imrned+'arey repracea w�te r�e property s+ib,�ect ro n�s Gon and secu+iry inre+esr ot etws v�d ot
<br /> Tiusr and a at kast eQ:ra!vale�s anc!u�llry.fruuor will compy with au prosant a�d ruture aKL.^ar►ce�re9u�.iiions and roquirvme.^ts a arry
<br />_ pW�9RIRklltill GOQy wTilC//a(@ 3F}71(CiA�'a 1C1[fR RUSt r'lq06ny anti iu aw vc.s.vvi%R.j'v�v'ii�.'�w'.:v.~:h» ^..w..'��*r.�:=�"=C-'^!!tR!� ' .
<br /> oa�daninium or a P���dw�ebFY+�e� Trustor sAau peAam�u d Tius�s oby9aror'.s�.-xier the dectarations a ava.��cr.+aifr,fl or
<br /> Qpbrnln9 tha eondanr�wrm a*tt�P�r'-P.vd writ devekprtwnL the by/aws aers evgulatioru as x+a�candominium a Planned unR develo�pment.ar►d tM
<br /> COnstituir�t dOCwnints.
<br /> a�nspectJon.Bpne/ici�uy Q'i19&gwrts Tay,8t a�ll teasOnlbla tim6S Antef U�art y'e TfUSf Property lo/ihe purpOSe of inspeCtion.BArleliCiary S1NQ ha�ro
<br /> n0 dury to make suCA inSpceti0rt arC sltaA nct ba liAWe to Trusfor or to any pwsOn in Possessiore it if makPS Ev FdiJS to rr�iJ�any StiCh inSpiCtlWi.
<br /> 7i� Prot�cNOn d Sxw/ry.!f Tiusfr.r taUa k+PQn�crm anY of U►a cagnents ond ayroements contair�ed in this Desd d Tiust.a if ar y�cHon a proc�adinD
<br /> is commencod which G�es or m3y aWeiseN alfec't Me Tiust Property or the interest of Trusta a Beneticl�ry Mwrein or dw�e o►Trustor Niw�(Gt
<br /> Nwn BeneflcWrY•at its A�eR•m�Y RerfCrm suCh ca�tants and ayreeme+rts►r+�ke suCh aPPea►ar►oe�d6�l�e�rx1&4afnst and'w�rt.+sf1982e SuCh aCtiO�n
<br /> or poC�eding and Wke such ott or aelion Os Benef�cla+y deams neCessary Oa F►otect its inie+est lnc/uding,�ert nor wn�rad ra asnursernen�a
<br /> reaso+�de attomey tees and entrj upan rno rrusr Proaerty ro maxe repars Ary amounrs d;sbursod by Be+�ellcla�v w��want ro tnts parayript►ta
<br /> w;th intorost tlwreon,sAsW corrstitr.2e!»c�b0adness d Trusta socured by this Desd d TrusL Unless Trustor and Benaficuy ayree to otAer Nrms d
<br /> payment.sucA amounts ah¢U be pryable uPon notico Irom BeneficJarY ro Tiustor request/ns►R�aYment therao/,and shaJl bear inia�est hnm�Gte
<br /> ot disburSameM ot fho dafaulf ra�R H ivry,sof tbrfh in the Nofe.a othwwlse at the hlphest r.�fa Permitted bY law Nothing conWi�ed ln thls par�raph
<br /> shaU r�qulrie 8eneficlary to incur any expanse a take any action Nereunder.Tiustor lrrevacsG:authorizes and anya�ro�5 BenESaary�ro enMr�:pon
<br /> tAa Trust P►�+perty as Tiustor's agent arx1,in Trusta's name a othe�wlse to pw�am ary arr�ax caronants and agr+eemenis ro ba perlormed Cy
<br /> Trustb►as herolrt providod.Be+�f'�c(nry shatl,at its cption.be suh+o9ated tc anY encumbrance.lien.cJaim or danand ard to all riyhts and ax,:�s
<br /> lor tlw piyment thereof patd w dlschargad bY EienefictarY under the p�wis:ases:�e+ed and ary such Sub+nDatiOn riyhts shall be addition818nd
<br /> cumuJaNw securi�Y�or tl.fs Daad of Trust.
<br />- 11. Condennstion.The P�ews d any a�vani a clalm Aor damaye�direct or conse9ue+roal.irt oo�w►ection wilh any condemn�tior►a ofher takN►9 d d�
<br /> Trust qq�ty,ar ary pan t�e+ac�.or k�r ca'w+eS�er�ce in fieu d a in anticipation d cond'.+r.Krador�.�ne Aereb/assigned ta and shali be pa►d to
<br /> Ber►eficT�ry. Trusf�or wiN lite arxt P�ecute�!rt Sood/aith end wfth due dilr�ence irs cJaim fa y�yr s:+ch award a pryment,and w;A cause rla sarrw ro be
<br /> ooYec�ed aw r�ro 6erreficiary,and,sAo:dd'rr rai!ro do sa rrusror lrrewc3b�y aun�orizes anJ amaoxrers Bar+e(icla�y,in aie narne d rrosror a
<br /> orhawlsk ra f,�es WnsecuAe�settk a compramise arN such Gtim and ro coww.:rt.'ce+Pr Ifor and retain Nw p.�oaeeds.H the Trust Propwty is aWndoried
<br /> by 7iusror,w,after notice by Ber�ef+cta+Y ro rn�saw uwr rhe condamrar ot�er�av r.wka sn araid a setr�e a c:a:i�+ror demaQe�7ruuor�aus ro+espor�d to
<br /> BanefiGary within HwtY(�i�Ys elrer tho dase such rwticu is mtiled.Bs+�aficiary is aurhati�etl A�colkct and�pp7y the pxeaCs h tbe manner
<br /> hdicated hereh. Tfw procee�s al any award w clalm may.stu:deductln9 aA raasonaWa oosx ar�d e�enses,inc►udin9 atta�e!'fees,W►NCh meY Aa�re -
<br /> beer►incamed by BenelkiarY in the couection tl�red,at tAa A:Je diseretion d Beneficiary,be.�7easetl to Tnrsta.ePW�ied to restordtion d Trust PropeRy,
<br /> oi apr�lpd to ffie prymerN d the kWeb�unJOSS Benef+CierY snd Tvsfor othe+wise aQree�wr�'ig.�s++CH aAP�+��P�s�
<br />� Irw'cbac�ss shsu not ex(end a posy�one C'�a we d:w c�N�-0 Nom or the payment d arty ir.st�ir.erds ca+x�[x thereundK
<br />° 12 TiuslD►Not fi�kasad. Extenslon d fh9 timB ibr paymer�cr rt�oddication W ary emafizetlort aithe indebtedn�ss gran:ed by 8er�eficiary to&�y
<br />- successa in kwwwst af Tiusaor shaq not opornll4 ro redeosQ,�r ary marv�tiw Wability d T+us�"a a�d Tiusta's sua:essors irt iexw�st.Benefieiary sJwl1
<br /> raf be required to comrt+en��M�ceedinCs against suG�s.�:essa a reluse ro exten0 time Sor payment a otherwise nx,cit,�r,r�a�on ot tlw
<br />� lndab0etl�wss by reacon of arH dert�and mnde by Tiustor a'ad Trustor's suocossors in interest.
<br />= t3 Financial fr�ormation. 1Jpon reqwst of Beneticiary,Trustor wi1J provide to Beneflciary,within ninery(90)days of rhe close�each fisca►year d
<br />- Trusta,fhe consdidated ba�ance sheei and statement ol earnings of Trusta and any antl a/l guaranrors o/[he/ndabteCrte.;s secured/ien9by.if any,
<br />- and wiN prov',ds and deliMer to Henef,ciary such other financial iNormation and m such manr.e�as Beneficiary may reascnaDty request from fime to
<br /> = Uma
<br />_� 14. Financkl Covenant,� In addition�o ary other linancial covenan�s W Trusror made in ary oNwr agreement.insnument a doa,�Tent, Truua sh�f!
<br /> � comply with and shall cause ar y aM all guarantors ol the tndebtedness secured hereby tc comply w�th,cr De 1n com;.:a.-�with,the foUowiny
<br />- jx►anCi�!Covonants:(This pa�a9raph shal!not app�y if Covanants and requirements are not set loRh herEar_y
<br /> 15 Schedule of Leases.L�ithin fen(f0)dsys after demand,Trusla shaG fumiK_h ro Beneliciary a scFed.,ie,cer'cte:ro by Trusror,Setting lorth all leases
<br />� ol the Tiust Propeny,a ary ponion thered,including in eaGr casa tlw n�r�e ol the tenants c�occoprrts. a aascription W tne space occupied Dy
<br /> = such tenant a occupant.rhe rental payable for sych spxe,and s�ch oft^er ndamatan ar.a c:.cumants w,rn respect ro such leases r�nd tenanc�es
<br /> = as Bene►lciary may reataiabty►equest
<br /> ! 7G Cownants d Tiusta wifA Aespect to Leases. Without the r-��w.-:t+�^cG^+sent o1 Banel�ciary. Trusror shal/nof.d+rectty or xrcf�rectly,wdh respeet to
<br /> ' any lease d space!n the Trust Property,or ary portlon therect.wret�r si,d+laase is nqw or h5rea►fer m exislence.
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