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�:� <br /> t�..�.s .._---�-�•-....._.._. . -_�=_- <br /> �� � -• . .. . - _-�-_-- <br /> -°�-- . ---°-_ <br /> �. ;,,,_--- - s -> , --.r _.. _a• --- <br /> R - — <br /> f <br /> � ���.'� <br /> �pa�nst luture ntoMAfy ensfaL'mPnh d FtMdJ- H f+ri�mOUnf OI fM FuntlS hNd by 9indrC+�ry ShaU nat DO sufhC�anl t��pay fAaoA�SS�flnfNNt, ' <br /> w+sw�nc=o�xwMUnu�ncY pr�wnd rsnts as thw f+4 ci� Tiwlor s7w11 pry fo Qwwl;c•w+Y��yr���oun!iwcas.;.�y[a ma:�a uA tha Uetw:an,.-y«��thtn tAlrty <br /> �� days hom tM Wta not+c�ic rtwNd Dy tl�nshcury ro hustw wquashng paymont thavOf U�rr p+s'�e»nt�n luA ol�u w�d�DkWwss. fl�nN�:�+y ShaY <br /> D�^M�•Y nAtr�+d M Au�W►uy Fw�da A�i Dy BNwfickry ll fM+Aust Propa+ty�s sohy undw tAr pa►�r W ssJe or Mw liust Prc+�+fV k otA�rw�te <br /> �cqwnci Dy HenMiNary,f3�nN�cu+y�haA apply,imr►�cFUNy prior ro tAS s�la d tAa Aust Propwty w us acqu�s,hon�y 8wwhcwr/.�ry Fwidi htki <br /> j by BMiN�cl�ry�t tM hrr�d y�yDLCadOn as p cnWt�Qirnst Mw lnWbtodrwss N 9orwt�ciary�x�cufva o wnitun w�nw d Ausior'S obGy�atan9 w��ir <br /> � urs paray��ph�, Tiustor cawnanrs wnd ryr�.s ro pay,b�+br�r►w sanw bacorrw w�rw�wr.t,au taxas.assessmenrs,�nsw�ncw pr�nr+uns.prouruJ <br /> � ra�t:,arrd�u c!!:e.•cRSr�,vs wRatsaver bv»ci uaon a axsessed,placsd er made aQ�init the Ti��st Prr�rty Tr,,smr turtA�r w4nrs upon wnrqn <br /> tiqu��5y�nN�c4ry,to pnn�tly W/iwr W B�wlk:lary s!!roodpts lor the paymenf d such cAa+p�s. Tiustor l�wv�sa ayn�s fo pay�A(axa, <br /> � asssssrrw�ls and otAar chaiQes Nvad upon a-ass�s�d.Wactd or made apn:nst.Cr meatuwd DY.Mws 8rrd N 7�ust or Nw�wx�rriat+on hw�of. <br /> ? c a,v�rauon a!PoymwNS.AllD�wminls rec�wd Oy t3onWM�ary as ro any aa�or.aanrury a o�aaon a;•av�o cwnw�cwry i,y Ti uaiur�rray iw�µ,yxiwi iy <br />°� Bww��cury�o t!�a payrvw++t d Nw lnrirbwHrwss a ro any such otMr d�br.liaewry a oWiQatan.�n�ny oraw a mannor a a�catan wn+cn <br />. B�nehclary.in hs absak�ro ditcroticn,Wams approp+iat�a.lJnless otherwis��NCh�d Dy 6W�N�Cia+Y.anY auch paymont SMJI Do WemW�ppiW tiist <br />- ro tAa psymont W any dcb►,►iabw4fY a obLyabon ottwr Phan tna No% <br /> 6t G�arpac;t a+w. Tiusror w+u k..�p rna Trusr Prio,narry rroo�rom au r�ens arw encumwancas wn�cn M any way may.�n rno jud9nwru a 6anaric�a+y,naw <br /> plonry aw a tmpa'v thQ sscuriry N t?�is Daed ot Aust but Tiustor need not dscharge arry such l�en so long as Trusror shau a9ree,ln writiny,tu <br />- pay tM oaJigation sa^_urod Dy such liar in A manner acceptaDle to Beneliciary�nd shaU in yood faitA contost such lien by ap,prqpriata layal <br /> proCaaGk�Qs afl�Cfiw b prsvanf fM M►b+Cenw/W W tho liW�iu►d fhe bss ol any inOwosf in or part of Mw Trust Pro�Da+'ty <br /> 7. Hazard lnsuranca.Austw shaU keep tha W�iJdinys and othar impn�vert»nts now ex+sting w Aareafter orectad on tha Trusf Proporry inuNad Dy <br />- insrxonca cu�wrs satislactay to Bonelialary a9alnst luss by lire,haza�ds included in the term'gxtended carerage"and such othe►Auards, <br /> ; casuakies and continyencles as may be requirod by Benei�ciary:in such amounts�nd/or such paads as may be�equireci by Be+�!iGary.The <br />;.� po7icy o/inwrarK:e slwll Oa in kvm acceptaDle 7o Bineli.:iary:prov.de that t/w sama may not bQ cance7led or moddiad without/dtoen(/51 Wys prior <br />'7 wriften notice tv Beneficiary,and snall h�w bss pay�abra pro►is;a�s in favor d and in form acce�s.a�.hle ro Bene/iciary.AN premiums on inswance <br /> � policies shaN De peid in tha mennw providad urtdur parngrilpl+e Mereof or,il not�+d in such mar+ner,by Tiustor rr�king pAyment at least fdroort(i5) <br />•-� Wys wia�r ro the�ue dafe,diroctN ro the insurance came►. Benericiary shaJ Aa►�e Na right ro hold che policles and re+►ewals thaeof antl Austa s!►aN <br /> prompty lurnisA ro Benetkary aJl ra�ewal noti�6s and�.'1 p�;d premium recapCS�cei��rl by it.In no arent shaA 9oneliclary w Trustae be hrld <br />- resppns�Wp Ipr lailure tp pay insurant,y pWniums or/0/any bss w damage aris;ny out of a defect in any poliCy ot atisiny out d a+y failure d any <br /> � Insurance company fo pay lor any bss o►damage Jnwrecl against a for failure by Trustor to aHect(Ae insurance roqui+�eti he+�aiu�dvr.ln the aNent ol <br />_. 1os�Austa sA�i!yn�e priwr4ot notice by maiJ to the insuranco cvriw and Boneliclary.Benefictary may make prod ol bss it not n�a W P^�+nP�H or in <br /> �nrw.k+r�n!+y T.,�sMr au miciwc iJ lnerxanca and any and au relunds of unearr�l Arerniums�re Ae�abv assl9r�pd to 8onafi.;iary as adcil6awl <br />— sec��y ra u�e paymenr a u►.a,dearoahess.r�a�e ew+u a se�er�cruy s e�r�e a rne�a s��e co�r�ed�,a in Me arent d <br /> /orvdosw�t all riyAt.tille a+id ini�9rast ot Austor in suid to wry insurance policy:.'fen ln lorce shal!pass to the purc haser at the trustee's sate a <br />_ �brvctosure sare.�n casa o�any bsa rha inwranca procaeds may,at the opt;an d Benel;crary,be apWled by Benaticiary upon the Mdebtednos�a <br /> �YW►t U�erool,and in such adw and�mour,7 as Bw�elkiary may dotermine:a saidlnsurance proceed�at the option d Ber�eli�i�vy,may athw <br /> ba usad Jn ropJacirg or rostaing t►w Trus1 PropertY Dartia!!y or rotally destroyed to a Condit;on satisfactory to Bawfici�ry;a saic+inswance <br />— proceeds,a any portlon Me+oW.mry De releaseJ ro Trustw.Unk�.;s Beneficiary and 7)usror otAe►tvise ayree in writing,ary such apptication W <br />— inurance proceeds s1hv11 not extwW a postpaw Nw dw data ot the Note,a arry instaflments ca/led/or the�e+n,a change the amount of wch <br /> ' instaWnwlts.H tl�a Tiust Wnperry is i�Cquired by Bene(iclary pursuant M the exer�fse of tAe power of saJa or otherlo+eCJOSUre.all rigM,trtle and <br />_. inMrost o/Ausior in and to ary inwrance proceads payable as a resul!W d�rr►age to Nw Trust P:opwty prlor ro the s.Tk a acqulsifion shall pass W <br />— Bwwficlary and shaJl be app4ed fwsf to tha costs and exPensas.includir+y�tN+►bY foos.w►curred in coUoctiny such procoods`then in fha rtunner <br />° and in UW O/dw p+uv�idYd fwrpin. <br />- bt Preservation and MalnDenanra d Trust Property.Trusta wdl kee,C:.ha Duildings arwi otAei impra�ments nav a hereafler erected an the Tiust <br /> Wopiwry in Qood repalr end cond�ran end wili not comm+t or perm�t wasre. w;tr nor alter tne dasiyn a stfuctural ch�racmr canst.'�ng any Duildinp <br /> now a heraafiar wxtad on and constifuting fhe Aust Proeprty without the pricr w�iften consenf W Beneficlary,wiU not do�ny act a tAiny wAich <br />;_ wvuld unoWJy impa'v or Oepreciate Me valw of Uw Trust Woperry end wA!not aDandon the Trust R'oport}!Trustor wilJ not ronwNe any fiztures <br /> constitu�'ny Uw Trust Propwry uniess the same are immediatey replaced wirh like properry suLject to the lien and securiry lnrwost d this O�d d <br />— • 71ust and d at lsast aqw!valua and utiliry.Trusta wiN Comply with a!!p�senf and/utwe adinances,regu�tiw�s and reQuirernents of any <br /> Qow►rur�s�ua/Dody wAich aro app�caWe w Nfe Rust Pnopany and to t/►e occuaaru.y and usa thereo/.H thls Deed o/Trust Is d►a wdt h a <br /> _ conaonwrxrm a a plarwwo wia ae�sioprrwnr� ►rtutorsi�aii per�onn aJi oi irustors oaiyarions under ma daciararions or ca�nanis c+wiisq a <br /> QawnLfp the condomJNeun a t/w pJan��d unit dw�Wqpment,fhe Dylaws and royulateons of the condominium w p/anned unit de�rek{xrrent and ths <br /> casstitua�f doCUlnerKs <br />— Q tnspection.ew�alcla+v or us ayerus may,ar aA roasonabJe nmes,a,re►upor,rne rrusr P,o,oerry ta u,e w�rpose a insaection.eanaticla�r sha1/haws <br />� � no dury Oo maJw such inspeclior►and shal!not be liable to Trusta w to arry person in possassion if it rtwkas or fails to malw any such inspGCNOn. <br /> ta p,W+cbon or Socur'rry,rr riucta fa;ls ro paAOrm any a rne coNenanrs ond aqree+nenrs conratrwd in rhts Deed a rrust,or if ary ac0on a p�o�caeaYnp <br />_- is corrwnsnco6 which does a m�y adirersey afkct tha Tiust Propeity or the lntaresf d Trustor or Ba►eficJsry Uwrefn or tAa title of lF�:sAOr tMn(o� <br /> rhan Bwiaklary,ar ns o�pNorr,►naY Pe+fa+m sucn caaenanrs and a9reerrient�make u�ch aPAearartces.da�end againsr arxi;rx�s�gaa sr�c1,acuon <br /> a procest�ny ar►d axa suu,ornw acran as 8anaflc►ary doems necass�ry m protect us;nierest inctudinp.nur nor Frnited ros dfsDursenwnr d <br /> ��surw�a��a,�.;y aas anGahry a;�.��ba�ust?:�;ary to m:�a�p:ira.A.�+:r.aur:is:�;b+:r..:���an:.��:ary pu:�uani�L`:s Far�Qr�ph 1Q <br /> wfth lr►(arost Uwrea�,shall oarsLh�InWbt�dness d T�usta secwed by tl►!s Deed ol Trust.Unless Trustor and Ber►ef'cary afl�ee ers other Mrms d <br /> p+ymenr,s,;cn am«,n. ��payabre upa,norica�rom eena;c�a,y ro rrusra r.quesr�ny paymenr�nereot,and anaa oaar Mruasr rran aw dats <br /> a a�sd,rse+nenr at u,e a�;:s.ra rso�,a any,ser Gortn M ure rvore.a ornarwtse ar uie hipnesr rare permlrred ay raw.Norh+n�conratned rn rnts pa►ay� <br />-- ;,h;1!rr�uim Ecreelydary to hrcur amr expense o►teke amf ecc�on heneunder. Tiustor hr�.w+ocably a,nhor;zes e»d empa+�rs Benehclary ro e�xer upav► <br />�- Na Trust Property as Trustar's agart and,ln Tiustor's name a ofherwiso to pe�lorm any and al!co►enants and agreemenrs to ba perlormsd by <br /> Ausior as noroN,prov'�d.sarellcla,y sJwu,ar Rs option,ne subroyared ro ary encumbrance.Wen,cra;m or demand and ro au riqnrs and securitles <br /> — Ifor ttw payment ttwrool pald a discharQed by BMwficiary under Me provisions hand and any such subropatan rlyhis shaN ba additionai md <br />— cwrp,rir;w aecur►ry ra thls naad a rrusr. <br /> 11. Gonderrw►allon.The poceads or ery award or claim li7r damaQaR diieG or con9equential,in corvieCBon with any conderr�natio»or other takiry of th6 <br /> Tiust Prr�p�rN.a any Part tl►er�ol,a br caMeyanoe in Geu d a h an�paron d oarderrv�tion.are hereby assigr�ed ro and shau be paW ao <br />= Botfel'k+M•TiusADr wiN lile end P++0.Se:uAeS in good faith and with Ww d�Jigenca ds clalm Aor a y such award a payment,and wip rause the sarn9 Oo be <br /> oo!lrclsd and pald to Ba►el'�ckry,and,sl►wfd it f�if to do sa Tiusdor ine�ncaby authorizes and emPawers Beneticlary,in the name W Tnutor a <br /> oU�w%sk b(3IR P��settla a oompromise anY such c7aim end W ooAect,receipi for and reta;ii the procew�.ff fha Trw7 Frr�perty Is a8�r�ased <br />— . by Austor,or,afie�r noBce by BeneficJary to TiusAOr that the oa�derrMar aflers ro make an award or settle a Ga1m lor darrage�Trustor faik ro resporx/lo <br />— BwiMiciary withh NWtY(30)d+l+s adw tl►e date snch notica is na+�ed,Efe�wf'�clary is authaized ro caJlect and itpply tNe Woceods in Nw manna <br />— indical9d i�ereJr►. The proc6eds af any awerd a c►alin nwy,afOSr deduCtlny e!/reasonabJe Cosfs snd expenses includinfl attaney�ees.whiCh m8y ha� <br /> = been incw�i by Beneficlary in tAe oouecsion thered,st the sore ctiscretior►of Beneficia�y,be reJeasod to Tiustor,apW�ed to mstoration ol Trust Prqperry, <br /> = a appied ro tlre paymant d the lndeOtediwsS Unless Beneficiary and Trustor otl!e�wise a�ree in writing.ary such application d proceeds ro <br />- �ndet�ewwu strarr nor exrev+d o.pasrpaie the a,e aaoa a rhe nrore or the paymerr a ay;nsrawr+wus cauad tor a�eunaw. <br />:� 12. J'russa fYot R:w/asaC.Extenslon U the Crr�e tar payment or�wddicatlon of ary amoriization ot tAa lnafabAedness�•ntad by Be�selKlary to arry <br />��° s�,00essor h ir�rorosr a r�uua si�nor o,oe+�re ro n,kase,in ary+►�u�6�Uw fiabiliry d Trustor and i'iustor's strccessors in irtp�r�st 8erwliciary shall <br /> _ not be reqiured to conurwr�proceedir►gs againsr s+�ch sucoessor a reluse to exler►d t�me lor payment a oNierwise nwdily am�ae,retqn d Uw <br /> ;� lndebeedness by reasG+t oi a�y demnnd made Dy TiusOar and Trustors wCCessors in irKaest. <br />—' 1a F'w�ancia!lnkrmation.Uport aquest of Beneliciary, Tiusta wiJJ provide to Beneficiary,witAi�n;nery(90)days W the close N esch liscal yroa�of <br />:�j Trusta,the ocnsoJidated balaxe sheet and atatement ol earnings of Trustor and any end a�l guarantors ol the lndobtedness secured hereDy,if any, <br />.•�� and wiU provide and dol;va w Bawliciary such other financial infamat�on and in such�or as 8a�at�ci�ry may reasonably requost(rom t;nw to <br /> time. <br />,,,� 1�. Financial CovenBnfs!n edditron to any other financul carenants W Trustor made in eny otha agreement,insrrument or document, Tiustor sha/l <br /> comp/y wifh and shaU cause any and aA guarantorc W the lndebtedness securool hereby ro comply wirh,a be in compl�artce with,the loUaviny <br /> /inancta!carenanfs:(fhis paaqraph sha!!not apply il covenants and mquirements ara not set fanh herein.) <br /> 1a ScheduJa d Leases.Withln ten(t0)days affer demand,trusta sAaJ1 furnish ro Beneticla�y a scl�edure,cerlAietl ro ny Tiusta.settinq lorth au leases <br /> d the Trust Properry,w ary partion fhereol,including/n eacn case,the name W the tensnts or occupants,a desc�iption of che spaca occupied by <br />- such tenant a occupant,the ren7a/payapp l�pr w„h space.anH such other intNmahon arrd documonts w�th respect to suCh t�ses and tawiaas <br /> as BanO/icla�Y►naY►wsonablY reQuast. <br /> 16� CovenBnts d Trusta wifh Respetf to�eases. WdNOUt the prbr wr�ften consent d Benelic�ary. Tiusror shaU not.d��ecity a indrreCr(y,wdh respeCt to <br /> any lease d space in the Tiust Proparty, a any portion thprool,whether such lease!s r.�w a hereatter in exis�ence. <br />