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� <br /> . . . .�.. -L'1F�__. <br /> � . , , . :c:- . <br /> ��.� _ _ _ _ '____ _ ._'_ <br /> c�" ,�E1 � - _ <br /> d. �li iwu�o�.�i..�:.�;.;a�L:�er!a Czf1•w.r�u alxr ftitun oWia4�n+u of r a I.e r tY `� <br /> aae,ccut�ac��Q�+uN•ot wher evideoce of deDt�zewtal Dy��u�wr ia t�vot of lsa�ter esceusal wuc�t+.is �^ <br /> 5scuiity'Is�t�ua�nc whedxr or aot thi�SccuraY In�+un�nt is specifitally refsna:cd. IP more thau oae pers+w c. <br /> ��Li�Securiqr lactnuaent.euh Gnatot�rees that thu Secu�iry Icstn+men+wiU�ecuro all Nwr�adcu�ceo tad � <br /> (utnr:abl3�:d:a�d�t�r•�ica�a ar ineurre4 bY auY ooe or more(itan�ur,or sny ooe w awtn�nNn�u�d <br /> Ottlef9. /lU fuNce aJvU�t1 aAd Otber iLpltt ONi1+0ot►s ue SeCU1+G1 Dy Wt SeGliity itti�i+ur�3c[»t�rt tl:oujh�!1 n� � <br /> part c�y poc yet be�'���nc�d. All fluun sdvances aad othcr tYmrc obli��tioao iue saL�al as if audc on du date � <br /> o!thu SecuritY ia�+'ac�. Na1�iaY ia thi�SxuritY Insuvnxcu s5a11 eoauiaeu a commit�:.at w Ntke ddidon�l � <br /> a-tLa►rc lanf cu ad�+�•'�in aay�mount. Aay sucd commiancat must bo aYrced W in�uparaw writul4. � <br /> C. .�;t c�t+.��tiow Gcaaw��awes to Leakr.whicA�Y laltr arice.m ihe exant noc ProtuDiud Ey hw,includiaY.but ` <br /> not timisod w.li�D�:ities for averdnfts rctatinQ m any deposit account�rcement betweea(3rantor wd Leider. � <br /> D. All�dclidoo+l wms advsaced aad e:peoses iocurred by Lsader for iocurit�.DrcserviaY ot othcnviu pcot�eciap = <br /> tlse propetty aad iu v�luo md u►Y od+e+sum�idvanced aad w�penses itfcurtod by l.eader undor d�o wau of = <br /> thu Secudry Iasavmecu. �wdce ot tAe tW�t ot rescictloa. — <br /> 'Il�ls SecuritY Insnumeu wil]uot sceu:e an.v o�het debt tP LetWet failr W�iv��aY�oqu�md e <br /> h wMa dw�od i��ocoedu�c� <br /> S. PAYIVff•N'f'S. Gr�oar 4roes�lut�31 p�ymeots uader dro Secund DeOt will be p�W ` <br /> wUA @fC Otmtit ot dfe SeCCted Deb!tld d�S�auuY I�u�. <br /> 6. WI�RRAIV'I�Y OF TITl.'�. Ocw�wr warruus�t�+sntcu ia or will De 4wt411y��u�tnut,wuA d by�his — <br /> Security G►cwe�cne aad hu tM r4YAt to irtevxably aruu.convay.ud seU the P�operry =- <br /> power ot r�. dr`ar.:a:sl.ro wssrenn ifut ihe PropenY�+��3°�rod.�xcept far encumbn6ca of recne�l. . ..�..►Ma <br /> 7. P'RIOR S1�:CURITY IN7F-RESTS� W�tA aaard w aay otAu mo��ie.atoa oi uuH,w�,'r�.-v=�wa"�".u.._ <br /> a,,..•,�•,••,�thu cna�ed�prbr ixu�kY iatercu.0 eacua+bnoce oa t!M PsopenY,Gw�w��rac <br /> A. 'fo a�ics all paymeats wAeu dw wc!to p��fotm o�complY witL all toveamn. <br /> B. Tu PrompilY delivsr eo Leade�u�y►wdca ihu acu�wr ceceiva f�om ttw Aoider. <br /> i.. Ptw+��ifow:,r,y tr�if�^..sdoa er.=�e�ion of.aor a roqueu aoy Poaue dvaoce�uodu WY oote or nyroemeot <br /> seated bY the Ueo doca+coeat wYbotu Leader'f p�ior wrlmea coosso� lesse WYaxan.iround <br /> 8. CI.AIMS AGAINST TITLE• (3t�ator will py all tua.ucessmuw.iie,w,eawm�naa�. <br /> tea�s.utilities.tod ot�r cluria«1uto,�q tbe Prop��qr wEen due. lreadet to�y caNiia Gruwr to pcovide w l,onder <br /> copks of ail notkes�6u such�toouots sro doe�od the�+eaipts ovideocis�Grmoor'�p�Y� Gr�amr will defead <br /> tide�o the Prop�nY�ts��'��iLu waJd imWir d�e liea of dtia SecuRtY Ina�umeat. Gnator a=cne�oo�ssiiu <br /> 0o Lendcr,as�equesled DY I.ender,soY ri;hv <br /> claim�or defeaus GcaaWt m�,f+havo ayttnst pRks who supyiy libor <br /> or muecials m mainnin at imptove eha PmpenY• Ir.ader m►Y.u ia optioe.deCia��he eodie 60aaco of the SecuKd Debt ro <br /> 9. DiJ`�Qa'�SAL�Olt ENCUMBRANCE- <br /> be immodia�dY��P�Y�uP�dse ctsatioa ot,or cout�act fw tbe c fte�oon 4w(12 C F R.S�91��•��. <br /> a sak of tLe 1'roPortS'. 'ILis[itbt is sublxt a�he raa�ictioas impo+ed bY <br /> 7�ii coveau�t tLal!Nu wid�dro P�opertY�od sEtU temtin ia effecz uatil�e Sxuted Debt is ptid ie full ud thic <br /> 5aeurity Inu�meat b telessed. <br /> 10. PROPEATY CONDTTION�ALTERATIONS AND��C7Z��or allow ay was. ������ <br /> cppdidoa aod maice�1 ttp�s tbu�te ta�oa�D1Y neccsWS'. <br /> or de�e+ioadon ot the P�oP�nS'. (3nalor will kaD d�e Av�nY�of noxiow weada and�n�+e�. <br /> G�ao�C�asftSees thu�y��s owre ot tae a'�upanCY�� use will not s�+Dc�a�i�Y�t�withow I.eader'af p_�rior-ariaea <br /> L•yry,�cy�, V���wYa m��.'�k�Y�ID��J 1.�T•WY�%F�+�i rL�i.'�.�M f1f I1fM�1��WI�{�nL�i—YwIG�-�f r^ _. <br />.. . �y�N�pp�pyON. Cit�010i Wlu OOtiy LlOdC[Of'tl�dCmfO4f.pIOC���.���'�iCi15IIt i� <br /> �il���� . . . . '"'..... <br /> - aay lat or d�muYe b tbe ProPeriY• � �eawaabk time fw me pufpcso ef <br /> 1,eader ar l.eader's f�eaa snay.tu Leadu's oQtion,eater the PeopertY snY <br /> io�e�tLe proQaty. leader�Lall dve Gr�amr auico u eLe time of or befvx m iocpa'fioo specifYiai a <br /> Rswo�Db WfPose foc the i�tpectioa• �°Y�ot d�e R'u0cc�+shW be eadietY for Leader's Lenefit aad <br /> Gnawr will m nu�vay�siy on 1xaAer'i lasQec�°°• or of d�e wvea�ats eoataiaed ia t� <br /> 11. ALITHORTPY TO PERFORII'i• tf f3cmmr tait�oo pe�oe.aar'�Y �' <br /> ��y�y�,Leadet msy,wi�out mtice.Pectotm or ause ffiem to De pedotmed. Gndot�PPoiott 1.eader <br /> n+norn�Y io fact q dtn Gnowr's mme of P�Y�Y�°0��'��°��. 1'�0����m��for <br /> Graamr sh�l mt emale�a oblli+doa p P�rtam.�I.wder's fi�as m pe�toTm will mt pmehde lsoder from <br /> exeuiRis�aaY o�1��s WLer dtlfp w�der�e kw or this S�Y'"°•••••,,•,v ��°y consauceoa oa�e PropertY is <br /> discootinued or mt carrkd on io��ea�oo�bie os�mer.l.ead.s a�y ate a11 steW noces�a�Y 0°P�t Leoder'� <br /> :�:se.;+�!*t!t in tl1e PivQenY.ixludinl���of tDe�• <br />— 1Z. ASSIGNNII''1VT OF LEASES AND ItEN'�'S. Gesoior ireivonb�y��.��5:=�ss?!s a T�ustas�io tiuu for tbe <br />— beoefit nf l.eader.u�ddidomi secx�'ey'��!e r��e.tide aad'mae:est 6e a�e�oY�ad au c:isdojihe Prop�rt5'• <br /> �a�es,�ad aap o8�er�rrkoea or ve�l asreemeaes fix tbe ux�ad xcup�'Y o� sll tofea�d oo as'I.eases7�ad <br />— ixlrlio��oy extmtiow.eeoaw�ls.modifiatbeu or wb�atr:t�oa�of ac��Yieemean( <br />� te�.icwes�nd profits(ill tefettud to u'Reaes'). Gna�or'�1 P�'�P�vlde 1.eadet wi�tnx aad cortat <br /> i� capies d all eads�a�f4airo Iwes. Gnamr may col1ect.mceive.eejoY and we the Rena w laqt is r+s�or u not <br /> � ist de911R lufder tDe termf ot thL SewtitY Inp�um�ent. <br /> �z,mpwied=n t6�t tblt ttti�ument b P�dec�Yp°O�e e��°F tLls Deed ot Ttust and tL�t I.eader i� <br /> eoeie3ed a ootiN�oY o!Gtaalor't�ea�ots oo�oftce p�Ymeat of Rsots due or to baome dua to l,eader. HowKVa. . <br /> l.eader ajtea t�ft odY o°defwk wiU l,�ader nooty��aWf a�d Ga000Ps omnta�od m�k,e demaod�t a!I ti�wm <br /> Reat�6e p�id dir�u�Y to Leadec O��eairi��odCe of drf+u�4 Gnmor will eadurse afd delivet to l.eoder�aY <br />� p�yveot ot Aean io fic�aeor'�Pa�ti°a�w�l recelve aay Rents io trust fw IJeodet aod witl oot commioik the <br /> — R�aa wi�6�¢y o8�r tlmdt. My amouats coliecled will be�P4���P�'�v16ed in�lls SauritY r"`'....".". Ga000r <br />-� warr�d�at m detsuh exias uoder ihe Isises or my applicabk taadbssl/aa�at larv. Gnotor�iso apees ro mai�in <br /> = aad iequiie�eY kwut w ca�ly ti:��resaa ef d�e t�ssa.od applic�Die law. <br /> l3. I�ASEHOLDS:COr1mMII���'S��'�'�UNTf DEVELOPMI'sN'1 S. Gr+ator aYtec:to compiy waS the <br /> provisiooe ot anyr kue it�ls SauiitY la�ume�is oo a ksseLoia. tf ehe P�upe+W ioct�des�uait ia�condoaoin�m <br /> or a pt�orod uoit devebpm�ot.Graaoor wiL pe�form dl of 6ca000:'s duties under�e coveaaats.bY-taws.or <br /> re�siom of d�e coodomioium or PUooed unit derebpmeot• oa tLe Socu:ed Debt faiU w m�lue WYmeat whw duo. <br /> 14. DEFAULT. Gr�dor wiu De io detsult J aAY Pa�tS'°� a omer dou+mwt <br /> Gt�nqr wiU De io defwh if a 6rcae3 occun uader d�e sem�t oE tbit SecuritY Iotnumeat anY <br /> �xayeed for�p pu�pae of casfini.secwinf w L�Y�i d�e Sauted Debt. A Qood faits belief Eq Lwder thu <br /> f Leader u as7r�is io�ecwe wid�cespect to anY P��soa or�tY°Wi�aoed oo�e Sa�ued DeDt or tLU�ise prospcec <br /> of�nY WY�or tbe value ot�e Fiope:tY i�impairod sL�ll�Iso coastimte an eveot of dcfauk <br /> b,�.idu <br /> Fv.coT�r.s+us <br /> f <br /> i <br /> � <br /> , <br /> �' .. .:- ..-.�:::.�w�,.�..... ---- <br /> -_- �_ _.�«._ <br />