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<br /> dgainst futu�.onthly tn��!alfinerrts ot Furrda!�►the amaunt ai the Fwrds held tr�Banat.°ciary sha!!not 6e suilicJerr,fi�Say tea�es.essessmer.t� � �•_�_
<br /> Insurance pmn'�fum�and ground�a�rts as U+ey fall due�Trusiorsha/i pa�to Benss�`cf3ry sny emourtt r.ecessory to maf�e up Na deflGartcy wfthin tArtY ,q-_`-
<br /> days fram the da�noffee lsmaiteU Dy Bene��clarY m Tmsinr requrshng payment Ueere+�1.C/pon p�ymerrt in IuB ol aIl tndeDtednes�8ene�Clary shaD °�_
<br /> promptry rak,rrrd ro Dusfar ery Funtls hatd b/Beneffc/arK i?Ure Trost Property!s sctd under the oa+ar o!sa.'a ar Ure Trust Frapeity ls olhenvlse �.�.;.
<br /> _ �����.���y�rv'vcros�ataty prfa ro the sa'a af the Trust PmR°nY or tts acQu/sfeon By Beneficiary,ary Gunds Aetd �`;
<br /> by Benefrcfary sl tha Hme at sppiication es e cr2d�t aga:rr�the tedebfsdnass Ii Benefrclary exeGUtes a wrftien�vafvur al Trustor�a8Ci7"'.�vrr�m� �-
<br /> ' Nts A�9�Ph�Tiusfa cauenams ar.d egmes ro pay,befor8 thy sama becoms afaGrtquerrt,sil taxos,essessmsrrts,rnsurance p7em?umst 9mrmd __
<br /> rsrrt�errd eli ellrer chafgas wAaiso��er fa�;ed upan w assessed,p!aced or made sgalnst tlie Tiust Prope►ty.Tiustar turlAer egrees�upon written --=;
<br /> �� request by Ben�f,'cfary,to P�P►�Y daliser ro Bensfic/ary stl race/Ats fo►the paymer�t of suc►i chergas Thrsror Iitra.xtse agrees to psy sll taxea ��;
<br /> esseggmsrrts end oUtBr charge�s lbvFed upon ar asses.�3d.R(acetl o�m.ada agatns�or measured by,thls Oeed of Trust Gr tha�cord�ien Aarsal. ��
<br /> '• 1 �i Appficatton of Payments A!1 pa�rments receNed AY B°neflc�ary as ro ary de�t Crabiliry w ob!igation o.ved ro 8sneflciary by Trustnr may ba eAP'��b7 �
<br /> ` ece
<br />�� ' 8eneftGary to Ure pa/mant of the lndgbtedrress or ro sfr,�such amer dab�GabtGry or obligation,!n eny order or mannar of appGcaUa�riAlch ��_
<br /> � - gEnagr�ar�,in;ts�bsvhrte dls�reffon.d2ems aaprvpriste. Un!ess eiharwlse e/eded by Bonefidary.a►ry such paymarrt shal!be deemed appf.�ed firsi --_-
<br /> � m the ps�msrn af arry dabt liabdiry o�abtigario»orher rhe�r,the Nota �.=
<br /> & Charges;Lien�Trasior wlll kesp the Tiust ProfleRY free 6'+�m all l,�ens and errcambrances vrhlch in any way m�},in ihe Judgrr�errt ot Ba�Gary,hava �
<br /> pr'or;iy ova�o�impali the secutity ol.this Qeed at Tiust but Tiustar need not discharge arry such Len so fong as Trusior shall agre�,�!�n9 to ��-
<br /> p3y tlre obh'ga1lon secrrred by such lien in a nzanner acce�tab%e to BerreSclary end sAail in gaad faltlr eOrtlest such fian by sppraP B ___
<br /> proceedings effecWe fi prsvertt the erdars,emertt of tAa flen 8rtd the loss ot arryir�rest In or peR ol the Tiust PropeRy. n v-_
<br /> 7. Hr�lnsuranca TrusW�sh a l J k eep t ho D u i l d i n g s a n d o t l r e r i m A t.�i.C-�'-e r rt s n a v i e x l s t t rt g or h era2l�sercted on th.e T�ust Proparty tnsutt+d 0y =:
<br /> ..; �sr��ce caaler�satislactory to Beneffdary ag�inst fars�y R�."rE�induded!n the term'�rtsr�-d covarrsc-°a.:�sutlr othars;�sm�ds.
<br /> aas
<br />� �' �P5&.'7d CCi�t`Dg2ACl63 Bs Rf3j/bB�2d b'���.h'�a:tD�1?caCLl.�^'Q'Yf f07 SU�7�12.'tCt13 8S R:2�,1 Cc7 799:lPO�°..7"r,$&7t��l,:ly T11� __..
<br /> .� ;. �� � �.,ar�,.^y��..a•r.•��a�s!ra1!beln torm scceptaBle�� •�rr�eJ;��j 1^����!P.�fomi ar��1�to Ss�r�any.A!J pr�::u�aan q���4 —
<br /> .`r; te3u7�e7.���YO���Eciary,�ShaUhEVe lc��S?-l�t,7'•� .. �tlBa�fi�er i't�
<br /> ;•��t:: : �r Yre m.zrvrr:.ravic+ed•.:-�'c:�'��'�"r.a�cl a�i/not paid In such m&nne�bY Trustor maidn-3.-sf�'� --
<br />�:�:lf�f.�'v. �af�shali�be•1�= --
<br /> u a�'�f,� ddS�r'�'�:�?a d:.s��Jrc�i`te�'i'ri:s��-�G''��i3ry shall h�e ffie righf to huJd�e Aofc(ss ant!ra:r�als K'✓:cao9�n�!7lusbrs.°:&11- -
<br /> r,y� , . .p�:r�"}°��9�t��ar.�z.��N re-�af r.�s;s and al►pa,�!premlus+rec�etpts taceived 0Y IL;n rta c-venis.;=Y6�'�ficlary or Lustes be hFld
<br />_�..�,..
<br /> ,<=��,:;` . xa,-rvns�b�e tcr�7ure to Fai+r',�u�:�P�Lms orlor s�ry Ioss o�damage ar(51rrg aut of a defect in a�ry poCcy or a�ls/ng orrt ot eny urd er►/�
<br /> • � ����mp�ny�p pgy t`ci c-r�`�s ar dam8ge Insured 8geinst o►for fatiura by Trustor ro eNact the fnsurance rBquUed heraun�ec!n the 6vanT01", f,:.
<br /> ,�s�Trustor shaUgive pmmFtr�ce bY maJl to the lnsvranre carrler enOBeneRcfaryc Bena6ciarymsy mske p�oof of foss il not made promptly orin
<br /> ' proper fertn by Trustac AU polides of fnsu�ance and a►ry end slf rahmds ot uneemed premiums ara he�by asstgr+ed m BeneNclary as atld�7lonal _
<br /> aa
<br /> secu�ty(pr fhe paymrerrt of the lnCeb�dnes�!n MB even!ot 8er%eflClaNa exerclse of the Pov�er o!as'e centaine?Prerein,or fi the eugrK of
<br /> fa�adosnre�s11 rlgA�Utfe end irrmrest o!Tiusto�in and to sny fnsmance pof/Gy fhen la face sAalfpess N the pur�haae►ef Me tru�e'a a�f�a
<br /> � foreCfasure sela In case ol atry/osa tAe(nsurance proce�ds m2y,st the opUon of Beneticlary,be epplled b�Beneficlary vpon the IndeOleQnos9,a►
<br /> � � aty part theraof,errd rn such order and emount as Barr�clary may dete�mirte;or sa/d Insurartce proceeds;at t�e aptlon a!Beneflcldty,mey ellhe�
<br /> be use0 M teplaGng or restorfnp the Tlust Property partla/h or totally destfoyed to a condiUOn saUsfactory ro Beneliclary:o�seld Insu�nce
<br /> , � proceeds�or erryr porUon thereof may be released fi Tiustv�Unfess Benellclnry end TYusto►othanvfse agrae!n wrldnp,nny such appllc�t(on ot .
<br /> � � ' fnSUraACe proeeads shati not extend u pastpono the duQ deta of tttB Not�ar atry lnstaltmentc caL�ad for tAe�ein,o�cAange tAe emaunt Of anch
<br /> InstaXments If tAe Trust Paopeny ts ecqalrad Oy BeneRclary pv�suent to t►ra exarc►so ot thu pave�ol asle or other farecfosurq e(I rJgh�tRle and _
<br /> � � lnlerast ol Dustor�n and to etry Insurance praceads payable as o rosuft ot damaga to fho ltust Properry pnor ro the sa�e a ecqulsltlon aAa1r pasa to =
<br /> � Benelklary end shalf be spplrad t:rst to Yh9 costs and expenseA lneludiag ettomey lses,lnCUrred!n coltecGng such pmceeds:fHen In NtQ mennel �-
<br /> " enA/n the order prov/ded hewln.
<br /> Bt p�eservaUan end Malm�tn�nCe ot Trust P�operry.7lusror w/D keeP Ne bufldings and oU:er lm.pralerr.:nts naw arAereeRer erected an tks flust
<br /> Y8t10
<br /> .. propeny fn good repaUanO condldon erM wlunot eammlt or perm/r weste�wl9not alter Ura Gesi�sor smxxural crta�aoter canstlO.�Nrr9 enY b+iildHr�
<br /> � . . acw or hereaflbr ersciod on artd consUteNng the Trtrst�pnY viilhcut tRe pdor vimten cortseneot Baneficiary,wlll not do any a�a th/ng wh/ch ._
<br />� • woutd ur,�u�y lmpelr a�deprEClats No vr�lua ot the 7tust Proaerty and v�Il not abandon the TFust Pmpfviy.Tiusror wlll not remava err/,fixtures
<br /> eanslJtutln8 the Trust�r�en3l unless the earce are lmmedtatelY rePlaced w1M fike praperty aubjer.M to fJra 6en and secrmry tnfe�est Nthis Deed of
<br /> Trust and od et fe8st equal valuo snd uL71ry.ilustw wI0 corr�q wtth e!t�uasent a�rd fimirs orbinArrc¢�re7ut�tions and repvlr�mer�ol t�ny
<br /> ' govemmontei body wluch ate r�pUaebte ro the Tnrsf P�tny snd m f!�occupartcy and usa tt.er�et.it W�i�Oaed otTiust is or..��Nnh�i.p
<br /> ., cona�ominfum or s plar�r.e�uri:dzyelopmer�Tiustor sfr°.!1�=�r''►af1 of Trustore obt�Setlons undcr t+"rp�ns a cou�n�t crv�Y.j a� . _
<br /> �� � go�eming Ura condom/nlur:-cr'.`r✓�plertned ur.ft d�+re►ope:r•�.��r.a�Y1aws e►rd regul3L'cns oetf�oorrd�n5�lum a pf�n.:ed cnit:�d�ib�J,sn0 the =__
<br /> . . constituenrdocuments. _.;=-
<br /> f" :Stlnspectlon.8e��eliclaryor�'tse,�xr:srn3Y•�.:�'��sar.��,btotim.ecs,embr::pcnffr�•it�rt�trtY'fostfrapu►DOtec?dxt�t�ctt�n.BesrEtictaryshallha�r� :�,�s:
<br /> ,:;�...,:,�' � ao dutY to mafro such ins��c+r�d sha!!Kot DellaD:e W Uus�or to an/�arsa:s Sro pc�a3sion H it makos o�la:Ib to maice arry suUi lrtspoctto:��..:•.,
<br /> ,,��., „� . —
<br /> .. .`";,� • •i,�..Prot�cdan at Sscur�ty.!P'G..C+Jxr?alls m pedorm enYW the ca�ser�ts snd ag:�n'r�rr�"'s.l-,.odln this Oeed ol Tiust,or H eny acrion or pmceed,i�
<br /> a,
<br /> �. .. !a camrtxinced which d�es z�c m3y advers8fy aNect the Trust P�aperty a tfre tr,+�,�v:t�1�:nr.8m:etkl�ry the�a/n or the t(tle af Thy�uv tharetq -
<br /> mrt `�`
<br /> . . . ,:&S,�n 8enelkiety�et(ts c�in,'cttaY Pertorm suCh cover.arrts��d 6gtBemBnt�m�'�u�3 i�pR?mn4�defend egs/nst and lmrr�dpa;�such ectlon . -
<br /> ar p�rocee�ln9 and tsiw sucA oU�er ecUan as BenefklerY deoms aeeassarY tn�.��Ys�3rtsr��r►rludln9 but not Jlmited tA di�arrront of �;;_
<br /> . � ,.1983on�hfe 3rta'nsy feB�end erKry upon the Trust P1oae�'ry to er8ke tepalr�:W,ry,3motnrts Wst',ased bY���Y P+/�suent to:t`r79 y�8/a9►aW►1g _ .
<br /> with Jnterest tlrereon,ahsll cnnsL'tute Indebtednass o!7lusta secured bY duz 3�aed oP Trust Unlass Tiustor end BonolJctuy agrea t�ot?�er terms W
<br /> •. paymsnt,such emourus ah�ll be paya0le upon naUce fram Bet.�elklary to Trustrn requestln9 GBY+�t thereo/,and aha/l bear Intarest Imm th3 date
<br /> • �: ol dtsb+xsomant at tAe def�.�'ccate.11 erty,sot forth in the Na'�,u�atAenvise et the hlghest rate permltmd by/aw.Nvthlnfl comalra�J!n tl�l9 paragrapb
<br /> . aha/l r�quire Benalklary t��Y�cy anY e�We�se or take erry ecfBaS.fiaraunder.Trostior UrevocabJy erRho►lzes and empowe�s 8ene�[�tury to e�rfe�upon
<br /> the Trust PrapertY as ltustuts agent end,ln 7iusto�a rtarr.e��L'�3►wise to perfcm►any and sU covanants end agrsomonts to!i!e��!fotmed bY
<br /> for tl er es�nit theredPal�or d1�hsrgod�(��s��crt98r�o pmvlsions heRrEOf artd eny�CA subroga�rlgAts hal be addftloaal andwitlRS �
<br /> . ' cumuletivB secuAry fa thls D�eai o1 Tmst •
<br /> . tt. CpndemnaNnn.fie procoeds W ary eward or clalm�or ca+t+a4�diroct or consequentlaA N connectlon wiU�Fuiy conOemnaUon a other tek�n8 W tho
<br /> Trtrat Propanit�e�Y P���or fa Com�eyanceln Neu No�rt�aRt�crpatk�n of contfemnafhn,ate hereDy asskjned�P end sA811 be peld to _
<br /> � . BeneNc!&ry.Thult�»�il►file and P��+�in good lalU►and rN�rrlue ditigencet Its clalm for enY aucA award or peym�enL end w1!!cause Mo same to be -
<br /> coBe��rod anAl��U BCneficlary;and,ahould it/aD fi do sa 7t�ta UrewcaD•%8ufhartz�s and empatiers Be�relklnry,�n th9 name�Troshx a •
<br /> �ro
<br /> • a�l�m;ryyp;prpre�uA�settki a ccmpramise sny such Galm and to calJeeb�pt for end retaln the proceeda If the T ust P�aPeM Is abendoned
<br /> � by TrostaR 04•C�'atr not'Ce�Y�:+i!!c(�ry to Tiustor that the CatdE►naor oNe+s[on'rake an in►�ard oi seKte e C/almlor damageSL Trosfor feils M r85p0:}d fo --
<br /> : � 8hne0C1�►Y wiJ��h U�:M(3!3'/�r/a•Ehtr u�e Dam such not/ce ta maiwd,Bene1'rclary�s autho�tzed»ed.�ect and aPFN�P�s!n U+o menner
<br /> � Uw9aemd l�srsln.The Pmcee��o9t�nY fixard or ckUm ma1:altsr dcducth+9 a/l�easonabte costs entl emonsest Inefuding attom�r�99A whlcn m�haw
<br /> , ��fnewred py geneGclary fn the col;ecOpn U►ereW,at the sob'�J.;creSon ol8anel/clary.be rt3kased to Trusto►.applied to re:t!a+r�UO�►d Tiw^!Pmps►tS,
<br /> � a appFed to the payme►R of the fideDi�dnoss Unless Benellclery and ltusmrotlrWw/se agreo 1n wnting,anY such appl.'cat/on of pmceeds to
<br /> Mdlebcednoss shall not oxtand or postpone the due dete d 0�No1s or the paymant o!ary fnstallmenis cafled for thefermdee
<br /> 12 Tius�r Not He►nessd Entensfon o!the Ume fa poymsnt a modrf7catton M any emoRizatlon of Ora lndebtodnoss grantad by Benetielary to tury
<br /> � • • saccessorin!n[erest d Austor ahall not operete to roieasQ!n arryr manne►,the Gabt;ity ol Ttusror and Tiustor's successors!n interest Benefkiery ahall
<br /> • � not bo requirad to commence pmct�ed.hgs agatnst such successor or refuse to extend Umo foi payment or othenvlse modry amvrUzat(�n ol the.
<br /> �. «py rpa�on p�any demand meute by Trustor and Tiusro/s succassors!n interest
<br /> • fa Flrtand3!tllformatfon.Upon request M BeneAdary�Trusta v�lll provide ro Baneficiary,i,vlthln nlnety(90)days of tho cfose ol each Ilscel year ot
<br /> � ' Tiusta,thL consoGdeted balnnce ahesJ and stamment of eamings o1 Tiustor en�srry and e/l guaranror9 of the indeDtndnoss socured here3by,ii enY. �
<br /> � ' An�t vi;ll�narAi�and deliver to Beneticlery such other linanclsl information end in such manrter as 8r3neticlary may reasonably r�quest!rom time to
<br /> � � ' Nr,�it `
<br /> � !4t Rd rrinci�l Covennnts.In eddiUon to srry othe�financlal covaaFnta ol 7Jvstor made!n srry other egreemenf,lnsbument or document.Trostor ahall s
<br /> • camply wfth�d shall couse arry end e!1 guarantons o!tha do�obtadness secured heratr�ro compry with,or be in compdanco viith,the follmvinc� _.
<br /> flnanclal couenants:(TAls paragraph shaU not appy tl car,r��ts and requl�menis are not aet loRh herein.)
<br /> � � ' 1S. Schedu/8 0l LossQ�VYthln ten(f0)days��demand. ���or shalf hrm/Sh t0 Beneflclery a schedule,certil)Cd to by Ttusto�:.�.".ing foRh aq lesses
<br /> ot tha Trust Properry,o�erty porUon therea9,inc/uding Jn ezcR cas�tho name o!the tenants or occupants,8 dascrlption o1 th�sp�co accup/ed Dy ..
<br /> such tenam m occupant,the�ental psyraDts fo�such sFace,and such otherinfo►maGon and docuanents viith respact ro such l�ases end fenartc(as _
<br /> , as BeneJtclary may rattsonabt�rsqu9st
<br /> f�r. CwenBnte o1 Trustor w(fh Rs:��^ct to Leases Nlithout the p.��_r written consent o!BenetlCL.ry,7�ustor shall not,drrectty or ia^J.�.�c'`�with respact to .
<br />----._- _ any raase d sn[tc9 in tAe 7rust Propeliy,or arr�poAron tTSe'a1.wnether sueD lease is noN cr nareafter in exlstence.
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