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<br /> 96�' 11,01.��a. .�;'�?�r✓J:t.:�,�:;:..-.'
<br /> ' (c) A�I npplic��t�o Ia�vo nnd ro6u!nllona, Ir�Judn�.�v8houl Iimilatlon,ih�Am.dc�na rlhh Dl`.e.bl(i�'cs Act.42 U.S.C. 8ca;on t2�01 ot eoq.(and atl '
<br /> radulationo ptonwt��lcd thcrcund�r)cnd r:l zsning cnd bullf:np Ic;�a ond regulollons rclatlnp to th�Property by vinuo ot any fodaral,ctoto or munldp:J
<br /> ,euthorliy wilh jwlccYctlon over tho Properry,pr�sEntly Uro and sheli b3 obsorved and oornplled wlth In al rtntorlal roapacto,and all righto,Ilccn2�s, ,
<br /> p4rmite,end cenl0cates of oou►�vicy(trtduding but not Iimltad tv zoning vt►rianc�s,spoclal oxceptiona for nonoontorminp ucoo,and Mal Ins�acuion , ,
<br /> c�{otovals),��holh�r tertpor2�y ar Mm+�nenL whlch ara rrtY'rtrl�l to the use end occupancy o1 tha Proporry,prosontly aro and nhnil be o7�t.:�nr.d,
<br /> pros2rved and,whoro ncoeasrry,ronarred;
<br /> (d) Qrenta Mae the rlytil snd Is duiy authorized to exrtcute t�d pe►to►m Its Obl�Batlons urtdnr thie Oeed ot Truct end those actlons do not ccnd ehNl not , ,
<br /> corifllU w(ih the proNs!ons ot eny statuto,regulailon,ordlnance,rule of law,contraal a other apreemem whlch nny bo hindfnp on Orentor nt ony sime: . •
<br /> co
<br /> (e) No�cilon or procea�n�Is or chall L•�p:ndng ot thrcatcncd erh�eh nd�t nr��arlril�Y a�t°c1�ho Propany:nnd ;•
<br /> ' " (� Orentor hae not vlolated end shsill not vlolate eny stntute,repulatlon,ordRanca�.►ule ot law,coniracl or othor agraoment(Inctu�inp,but not IirNted to, ;
<br /> thoao goveminp Haztudous Matedele)whlch mi�ht matarlally affect tho proFsrry er Lender'a dghts ur Interest In the Property pu►went to thle Deed of �,.,.
<br /> Tnist. � .
<br /> ,. :�,�c�' 9. PRiOR DEBOS OF TRUST.arentor reprosente and wem�nts ihat thero ete no prior deedc of trum atiacting nny purt of the Proporty oxcopt ao sat forth
<br /> em n
<br /> on Schedule B attuched to this Deod ot TrusL which arentor ayees to pay and perfarm in a tinzaly manrter. It thore are any prior doeda of tnem ihon
<br /> '' �"�"'� �ranta agrses to puy ai emoums owod,enJ poHorm all obiipatlons required,undcr such deada of trunt nnd the Indt�btodno�s socurad Ihoreby and turthnr
<br /> eplees lhat e delauit under any prlor deed ol irust shsll 6o e default undor thls Daed ol Trust end shnil emltlu Landur lo ali rtphta end reme4'ioa cantulrtod , '. •
<br /> � horoln a In the Ohllgatians to whfch Londer woutd be entitlod in the ovent ot any othar dotault. ��, ,
<br /> •1 � , . ....
<br /> ��, 4. TRAN8FER8 OF THE PROP6RTY OR BENEFICIAL IN7EREST9 IN GRA�HT��a0R�0�RR���►�or any Intqeo t the aln,cr�ot all oreany l•�enluftclal � . ' • •�`
<br /> corrtrect tor tiend or transfor to any person ol all or any part of the real property �:�a': �� .'"f•`
<br /> � Imarost In Borra�rer or QraMor pt Bortower w Cirentor le not a natural per'on or porsons but�s o�orporation,i!rtdted I1a611(ty compeny,partnarahlp,trur,t,or ;;,;. w ::,3 iJ��:.
<br /> other legai antlty�,Londor may,at Its option dedAre the witstanding prindRal tvilur:cc�ot iho Obligatlons plus acauod interost thoroan irtrrrediatnly duo and 5�,�_---
<br /> , •�• payeble. At Londer'e requost,Cirentor or B�rrowar,as the case may be.shull fumluh a complme statement satting farth all ot Its stocldio4�ers,mambors,or � tt'' , z�1,_-
<br /> ;�. pvtnere,as eppro(xiato,and the oxtent of thelr respective ownership Intsreste. '�•c��ri;;� �:•.
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<br /> : 6. A S S��.����T QF REM��. In conslderetlon of the Obligations.which aro aecured by ihls Dead of 7nist.Oramor ebwlutely asslgna to Lander ell ;,,,,;,.{:st�v
<br /> Grentor's estate,right,tRle, interost,d a lm en d d eman d n o w o w n e d o r h e re a fl o r a o q u i r e d i n a i i o x i s U n g e n d f u t ure teasa�of tho Pro�A y(Induding �•_y„I�,�h^_,�:
<br /> :��..+. ��� extanslons,ronewets and sut�aases�,all agraemerrts for use and oxupancy ot tho Propnrty(a��such leanes end agtoements wholhor wtitten or orel,are _.
<br /> � :�;,�%'i, hereaftar roferrod to as tha'Loasus),and ell�u aranlias of lessees'pedomience undur the�oases,together whh the immedlate and c,rontinuing dght to •,�:�k,�;t;�4;._-
<br /> •� �`�'r' collect end rocefvo all of the renis,Income,roeoipts,revenuea,Issues,proflts and othor Incortte ot any nature now or heroaBer duo(Induding any Income of
<br /> - ':"" ,�y` any nature com�ng duo during eny redemptbn podod)under the Leases or hom or erising out of ihe ProFart�including minimum ronts,addi�fcnal ranis, ''_+��P�;:r•
<br /> ':•P_,_—
<br /> � percontago reme.part6np or comnon erea mEilmenance contdbutione,tax and Insurance comribu►lons.doilclancy rents.Iiquidatad dama s follawing `
<br /> mil
<br /> default In eny Lease,a11 prccoods PaYabie under eny policy of Insurtince ooverin8 loss of rerns resulting hom untenantebillry caused l)y SfNL1I0R Of ', 4`M�'
<br /> r n �w_
<br /> darnape to the PropeAy all proceeds payn6le as a result of a iaesee's oxordsa of an optlun to purchnse ihe Propehy,all proceeds cferivod from tho �'`���--
<br /> termfnatlon or reJectlon of enY Lease�n e banlouPtoY or ather InsoNun prooaeding,end alf�rocaads irom eny rlShts end dalms of any klnd whleh drsntor .______
<br /> + r � rrey havee�Inat eny lesseo under the Leases a eny ooaiPar►ts ct the Pr°Per1y lel�of ihe ahove are heroe.fter colloctively referted to as ihe'Rortta'). 1'hIs ._'�-��
<br />�r_ aulgnmentla subject to the rlghL power and authoriry plven to the Lender to ooliect end��Y��Oaie uhpon8he9recordin oef�tAl Do9d of T� �Iwas G_v--_—
<br />_- • eppiicab!o Mute law;the Ilen aeated by thls asslgnment is fntended to be spedfio,perf -
<br /> provlded 6y appllc�abio state law as amended hom time ro tlme. As long as there!s no dafeult under the Obllgations or this��0}TNi1,Lender grants
<br />- � � arenta a revoeable Iloenea ta collecS ell Rems trom the Leases when due and to use such proceeds in(irentor'o buslness operations. However,lsnder �:___--
<br /> � " ' may at eny time requlro�rantor to depostt ell ReMs IMa an axount melrrtalnod bY Cirenta nr Lander at Lenders Insfltution. Upon defautl in ihe paymont �.
<br />-� � •� v± ot,or m tne periom��w u��afrr�f tF��:;�.�:�.�-°^"•'�°'�%°-'-n"nmion tske possessl��ot the Property end have,had,menege,leaae and�Q te!ha ;�____
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<br /> iy:`.,,,.. Pr o p e r t y on temts end fa a petlod of time that Lendor deems�xoper. Lender may ptooaed to collect entl rocerve eli nenis irom iria prvperiy,���.�r'�..� �w-
<br /> ,v:.,•,�� ., " ch a ll have(u11 power ro mako alteralione,ronovatlons,repaire or replaoemems to tfie Property as L.endor may deem proper. lsnder may eppiy eil Rents In ��r.
<br />'� ��'���'�t���� Lendor's ade dsaeUon to payment of tho Ubligatlons or to the payment of lha cost of sucb elteratlona,ronovatbns,ropelre and replaoarr�rrts and enY �,.,
<br />�"`•''�`�'''�' ' expenses Inddom to ta�ng end retelnlng possesdon of the Property paladically end tha menagernent end o ratbn ot the Property. Lsnder may{ceep the �����,:
<br /> PNP�Y P��Y � xpanse end cast oi these
<br /> `' � Insured and may discharpe any tuxos,charges,dalrr►s,aaseasmmrrts and other ilons wh may ecaue. fie e
<br />`'-;... '�'- `.•''�: nctions may bepaId hom iho Renta received,end 9ny unpeld arrauMO shall ba added to tho prfndpal of the Obllgations. fieso emour�s,togethor whh
<br />�'�*����'' � other costs,shall Yecano ptut of the ObliSatlons secured by ihls Deed ot Trust.
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<br /> t�;r:.�...•w^ e. LEA668 AND OTHER AaREEMHNT3.Grentor shall not take a tall to Wlw any aotion whidt may cause o►(�enrit the terrnlnation a tha wtlhhoidng of -___-_
<br />���`?;";� anY PeYr►�►�� elning to the Pr In addtlon.(irer►ta.without Lendera priorw►ftten
<br /> ., in connectinn with eny lease a otherne�ement('A�eer►�em�1 P� °�y .�;;�j
<br /> --, conaer�,shall not:(at collect eny monba payabk u do�r eny Agroement more than Ane month In advar�ce:(b)modify enY Agreemer�t:(c�assl�or eHow a
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<br /> - =.: +i;� Oen, sscurity Imerest or other encumlxance ta be Pac�uPon�►antoFe rigMs, title end IMarest in ertd to eny Agreert�tl or ths emounTs payahle
<br /> —�-��i•,�, thxeunder,or(d�teminato or canoe�eny Apreertbr»except fa tha nonpayment ot eny sum or olher mate�ia!breaeh by the other party thoreto. If Orenta
<br />--�-;_.. recefwe at eny t me any written eotrrnunica►bn asseAing a defnuft by C�►enta under an Agretxriam or pwPortinp ta temiinat3 ar cancel eny Agreerr�ent,
<br /> BtNi B
<br />�±�,`����� prentor shail prmptly farwerd a oopy ot suoh oamun'�eation(and any subsequent eamiunkations rolating thereto!to Lender. All such Ag�errbrd�utxl �-
<br /> me ertwurrts aue to Cirantor thereunder are hereby asalgnsd ta Lender as edditionel secudry Nr the Ol�igatbns. __
<br /> �'�`�.`' '� �.��-
<br /> . 7, CpLLEC7i0N OF INDEBTEDNE9S P80iA 1HIRD PARTY• Lender ahal�bc erd�tled to notity or requiro Grantor to notify eny third perty(Indudng,but
<br />'�""�� rro111Mtad to.kssses,Iioonsees,govemmente�euthor(Qea end Inwrence cornpanbs)to pay Lender any indobtednesa or ot�NNpntlon owinp to tiromor wlth
<br /> —____._--�--= rearyect to the Rroperty(oumulathrely indeb4ednesa')whether er not a detauR exists under 1hls Deed of Trust. Gmntor shall dillgently cdleot ttw
<br /> Inciebisdnesa owing to Ciranta frun theae thlyd pertlea untll the gMng of such notiflcaqon. In Uw event that Ciremw posaesfes or rocelvea posaession of
<br />�--�+�.-'-�.--.��"`�s� any Inswmenta cr othar romittances with respect to ihe Indebtednes�tdlowing the(pving of such notiAcmtlon a M ihs Inatrumente a'othar remittences
<br /> �`°�' cons6Mo the prspeY►nent ot eny Ind�bted�esa or the payrtbrrt of any Insurance or condertnaUon proceede.Qrnntor shall hold wch InstrumantR end other
<br />—��� rerttttanoes in trust ior L�nder epert hom 8e othor propany,endoroc+tha Instruments and ottwr rert�ttanoes to Lendar,ond Imrwdimely provkie Lsnder with
<br /> L�'� posseseion of tho inatrumentn end other�ert�ittenoes. Lender ehall be eMitied.but not requlred.to eolNct lby legal prooee�nOs or othsrwlie),extend the
<br /> •,rt�F�•�� dme(a peyrrbnt,conpromlae,exch�or release any obtigor or coliaterel,or otharvvlso sarile any ot the Indebtednesa whetM�r or nat an event of defauM
<br /> —___=3 exl�sundertoh{la�greo�nt�. LenrdershRlnlhbe�ab{etoN t�wlthsian�nge h�o �brego�n9t�O�ihomissihnrein�shall caus�e tLander��tosbe�deemedhla
<br /> -��=�� ' rt�iariga�gee�in-Puasession. 8
<br /> ,�;,r�ti;> � 6. USE AND MAINTENMiCE OF PROAEH7Y. Grantor shall tnke ell ecUons end rt�eke eny mpelPS needed to malr�aln the Proporty In good condtion. _
<br /> - .,-`����� C3rantw ehall not oomr�t or po•rmit eny waste to bo commttted wlth respect to the Prop�rty. aranta ahall use the P solaly In cortpilance whh
<br /> "�'�T_.,, w thout lsnder'e pHor written
<br /> appllcabla law and insurance polidoa. aentor shall not mske any elteratlons,mdbtlons a Irt�ov err�ents to the Property
<br /> ;;�t.;:���`:�'T`.' ! consem. Without Ilmiting the toreQ�np,ail elteretions,additlons end fmprovemenis made to the PropettY shal�bo subject to the benefldel Intereat belonging
<br /> = •-'s.••: to Lender,shali not bo removed witnout�-ender's P►Ic►wrftten oonsent,end shell be rtado et Grentor's sole expense. _
<br /> - :�:'•.;_�^ r, _
<br /> - � '� �'°� p, LOSS OR OA�AALi6. Grnntor shall bear lhe entire rtsk of any loss,thett,dostructlon or darnrsge(cumulalNeiy'Loss or Den�age)to lhe Propdrty or any _ � _ __
<br /> ��� � � 1 portian th�reof from any causo whatsoever. in the evont af eny Loss or Dnrr�ago.Ciran►or shall,at ihe op8on of Lender,rep�alr the attectod Property to its
<br /> ,�.'r• • ptovlcus conditlorf or p�y or cause to bo pald to Lendar tho deaoase In the i�Ir mar4cet valuo of the eNected Property. ���_ _
<br /> �" 10. IN3URANCE. 'ftie Property wlll be kept Insured for fts full Insurablo vnluo ire aoement cost)agalnst atl hazards Indudng loss or dunago eausad bY -_ __.____---
<br /> r�"� ' flood,esrthqualw,tomado And flru,theft or other cesualry to the extent requl by Lendar. arentor may obteln Inwr�on tho Propetty hom such �. �
<br /> � . Sn �ornpan aa are accoptablo to Londor[n Its sde disaetlon. The Insurence polldes shall requlre tho Insuranco company to provide Londer wlth at Ieast Y�__�-��
<br /> 'd �� dnys'wr(tten notico botoro sueh potleles ero alterod or es►xelled In eny mannor. '�ta Insurance pol{des shall nart»Landsr as a losa _
<br /> , ' � pyes ann��tha]no ad or omisslon of C3rantor or any otherporeon chall aHect the r�ht ot londor to bo pald the tnsuranoo pmareds pertalnlnp to the s�s�
<br /> ' loss ar darrnge of the Property. In tho evont Grentor falls to ecqulro or malnlaln Insuranco,Lender(after provldng notice as rrey be roqu�rodby law)rtuy � �, W,,,
<br /> In 113 dlocrotlon procuro ep�r+ ata Insurnnco ooverego upon the Propony end the Insurenco cost ah31�bo en ad+enco paya6le end boarHtig lmarost as ,+, :;��r-,���_,.
<br /> --��- r....a�r.,oe�a„n r.a�caa,rod horebv. Gramor shell tumish Londor wlth ovldenco ot tnsuranco Ind�cating the roquired coverege. Londer rmy act `':kl{�'^i�.�.;tb-�_
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<br /> �'� ' as attomoyIn-fact for Grarna In maMng and souling dalms undor Insuraneo pouaos.cancc�u�g am poi� �tl+�o^ro��m���°���p M,°�•,�°.•� - .--.- -.
<br /> �I end rkllvered to Lendar as hinhar securtly ° �'=�'i;��;.'
<br /> negotlable Instrurr�m drawn by any Insurer. Atl such InsurencopoOdos 6hall bo Irrmodatoly as.,�od,d . -�•,
<br /> - for tho Ohllgatlons. In tho evcjnt ol Ioss,Grentor chell Irmwdlatoty glvo I�ndo►writton notico end Londor Is aulhorizod to make proof of lose. Each -�'��i;r�:��.�r�•.
<br /> • - Inaur��noa eompany Is dlrocted to make paymonta diroctly to Lendor Instead of to Londer and Grerttor. Londar shall havo the►Ipht.at ks sole optlon,to , ,.r�*.•�
<br /> eppty such monles toward tho Obllgatlons or towurd tho cost of relwlldinfl and rostoring tho Proporty. My amounts may et Londer's optlon l�e applfed In . .„• �,
<br /> • the fnvcrao order of the due dates thoroof. ,
<br /> 11, ZONINO ANO PAIVATE COVENANTS. Grentor shall not Initfato or consent to eny chang�In tho zoning provlslone or prlvata covonanta aHacling tho •� ,�
<br /> uso of tho Praporry without Londers prla writlon consnnt. If Ciranlor'c use af tho Propuny baoomos a noncontom�ing uso under any zoning provlslon. .
<br /> lG,onndarrwlth wdtten�nmelon of eny proposod chungos to thonzoning�o�vls ons o wlpriva e oovo�nanrts�ttoctl�np theo Property.r. Grantor wlll Imrt�ately provlda ...
<br /> 12 CONDE�lA71QN. Grentor 5ha11 Inrnodatoly provldo Londo�with wrltton noUce of eny actu�l or thrcatonod condc�tmatlon or ominem domaln
<br /> procao�ng portalning to tho Proporry. All monlos payebla to Grantor from such condorma�lon or tatdng eru haroby assfgnod to Lender and shell he aD011ed
<br /> Bret to the payment ot Lender's attomoys'feos,lepal expensos and othor costa(Indudng apprelsal tees)In connactlon wlth the condormallon or emfnont
<br /> domaln proceedings and lhon,at tha optlan ot Lendor,to tha payrram of thu Obllgallons or tho restoratlon or ropalr of tho PropeAy.
<br /> ' ' KEDOTB Rw.tt�J� Pepe2d8__ j
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