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<br /> 96- �.�365°� '
<br /> a�alnst lutur�rnonthty Installr�ionts ol Funds.1!tho amaunt ot tha Pt+nnn hotd��r aar.tlrciary snnu nor no suiiiri�nt to pay[�xay,nssvs�mw�ir,
<br /> Insuranco prarNurna ond(/raund ri:nts ci�thrfy l�ill duo,Tr�stor chrll psy to fJancllclnry nny amount nccoa�ory ro mak��up tho dr.11cfo��cy w:fh/rt fhlrty —
<br /> �l:�a Gorn Ihn da;�norlco la moilyd Gy lJcncflclnry to iluefcv rcryvostln�ps�mCnf thorr.of.llpon ptyment!n fidl ul nil lndcbtCdeoas,l3onc/lclary nhnll �..
<br /> pinmplly refund fo 7Yustor eny Funda held by l�ertoflclary.ll the 1}uat Proparty!s solcf undor tho posvor o!r,elo o�tho IYu9t Propa�ty�Is otherwlso
<br /> acqulitrtl by Baneflc/ary,9una!lc/ary shull opp/y,lmmediately pr/or to fi�e salr�of the Aust Proporty or!ts�cquls!llon by t3eneflc/ar}4 eny Fund.9 ha/d
<br /> by Henelklary at tha flmo ol eppl/cetlon as a credlt agalnst tho Indebtedness.ll Bonellclary exocutns n wrJtton welvor o!Austor�s obligaGons under
<br /> thls pareg�aph�, riusN�carenanta and r.DroBS to pey,beforo Ihe same hecome delfnquont,sll taxos,essosamants,lnsurenCe premfum9,Qrovnd
<br /> rente,and e!i ofher chergea whatsoewur lovled upon or assessed,p/acad or mado agalnst rhe Trust Property.Iiusta lurtAer agreos,upnn w�lften
<br /> request by Beneflcla�t ro promptly dellver to 8eneticlary all rocelpts lor the pnyment o1 such charges. AuQta�!kewlse eprees ro pey all texea,
<br /> aysessments end afhor chargea lavled upon a nssossod,placed or mdde agulnst,or monsurod by,thls Dood of liusf o�Pho roaordadon heraol.
<br /> a Appncarion oi raymenia.Nil peymanty rocaiwu Fry oaneiiciary nn i�>acy CabL l,'sGPi;y a,-abfiyaL'orr���!a��r.cf.��/ar;�;Tlustcr m�;�°pp.'led b; —
<br /> Bensflclary to the p�ymen!ol fhe Inde6fedness or to eny such other debt 11a6111ry or obllgstlon,ln eny orde�or manrer ol appllcaflon whlch
<br /> Benef/clery,!n!ta ab:oluto dlscretlon,d9oms appropNate.Unless othenvlse elected by Bene/iclaryt erry such paymont shall be doomed epplled flrst
<br /> ro the payment ol any tlebt,llab!!!ty or obllDallon other than the Note.
<br /> 6� Charger,L/ena.livaror wlil keep the Tiust Prope�ty lree Irom ell llens and enoumbrnnces�vhlch fn arry way ma};!n the iudpment ol Benef/clary,ha+re
<br /> p�/orlty arer,or Impafr fhs 5ncudly ol,thls Dbed of IYust hut Trustor neod noJ dlscharge any such llen so fang as 7Yustor sha/l egree,!n wrlt/ng,to
<br /> puy tha obl/getlon secured by such Ilvn!n a marrner ar,cepteDb ro Bonellclary and Rhall!n good falth contest such Ilen by eppropqate legal
<br /> proce►edings eliective to prwant the entorcamenf ol tha 1len and tha loss ot nrry intarost ln or part ol tho Trust Proporry.
<br /> 7. Hazard Insurn�nce� Tru9toi ahall keep the bulldings end other lmprovements naw exlstfng or herealte►orected on the Trust Property Insured by
<br /> lnsurence car�lers sallsfacfory to Bonelk/ary egalnst loss by flre�hazards Irtcfuded!n the term'gxtended coverage"and such other hazards,
<br /> casuatdes and corttingorcies as mny ba requlred by Benofklary,!n such emounts end tor such porlods as mAy be requlrod by 8enepc/ary.Tha
<br /> pollcy of Insurence ahall be!n form acceptable to UenollclAry,prov/de that fhe same may not be cancallod or modillod wlthout fHteon(lbJ days�►!or
<br /> w�ltten not/ae to Beneflclary,end aha/l hav�ri loss peya6lo ptovlslons in favor o/end!n lam accsptab/e to Beneflclary.All prem/ums on lnsurance
<br /> polkles ahall be pald In the manner provlded undor pAragraph 4 hereol o►,it not pafd In such manner,by IYustor making payment et loast lilteon(f6)
<br /> deys prbr to the due date,dlrectty to tho InsurHnca car�lec 8enefic/ary shaU l�eve lhe dght to hoid fhe pol/cles end renewals theroo/and Trusta►ahall
<br /> prompily furnlsh fo B^ifeficlary elf renawal notices and a(I pald promlum roc�lpts recelved by!t.!n no aront shall Beneflclary ar Tiustae be h�ld _
<br /> respanslbb lor lallure to pay lnsu�ance pn�mlums or for erry/osa nr dama fla arlsing out o/e dslect!n any pollcy o�arlsing out ol any lelluro ol ery
<br /> Jnsumnce comparry to pe�y ivr sny loss or damage lnsured agslnst or fnr faUure by TYusM►to eHecf the lnsurence requlred he�undei In the etirent of
<br /> Ioss,Tiustor shall ghre prompt not/ce by mall to the lnsurunco cnnler and Bene!lcieiy.8sneilc/ary may make prool o//oss!f not made p�romptty or!n
<br /> proper form by husror.All palicles ol lnsu�ence and any and ell refunds ol unoarned premlums are heroby ass/gnod to Bonollclary es addltbnal
<br /> securlry for the payment ol the Indebtedness.In the etirent ol Bene!lclary s oxerclse ot the power of sale confalned here/n,or!n the ovent oi
<br /> foreclosure all rlght,titlo and lnterest of Dusfor/n end to arrylnsurance pollcy then/n fores ahall pass fo tho pu�hesor at the trusteos saln or
<br /> forgc/osure sala In cese o/eny loss,the lnsurence proceeds may,at the opt/on o/Benellclary,be applled by Renaflclary upon the Indobtedness,or
<br /> any part thereol,and In such ordor and emount us Benollclary may detorminn;or as/d lnsuroncu proceeds,at the optlon o!Banoflclary,may either
<br /> 6e usad In replecing a r�sroring the Tiust Property partlalty or totalty destroyred to e condirlon satlsfactory to Benellciary;o►sald lnsurence
<br /> proceadti,ur any portlon thereol,may bo released to trustor.Unlosa Beneflr,lary and Tiustor othonvlso egreo!n wrlBnp,sny auch appllcaflon of
<br /> lnaurence proceeds ahsll not extand or postpone the due date ol the Note,or any lnstsllmenta called for therefn,or chenge the Amount of such
<br /> lnstellments.ll the 7iust Property Is acqulred by Benellc/ary pursuant to the exerclse ol tlie poNrer o/sale o�other foreclosure,a!!right,tltb and
<br /> lnterest ol7iusror In and M ary lnaurenco procetids peyablB as e result of damago to fho Tiust Pruperry prlor to the sale or acQulslHon shall pass to
<br /> �oru,�,ry anrl ahwlll,a nnnl)rul llrst►n the costs end exnenses lncludfna nttornay feas;lncurriad in collecHng such Qncceeds fhen!n lhe msnner
<br /> and In fho ordarprovided hereln.
<br /> 8. Preservatla�and Malotenance of T�ust Property.ih�sto�will keap ths bu/lding9 end other lmprqu�menta now or hereafter erected on the Trust
<br /> Property!n Qood repafr and conditlon and w!!I not comm/f o�,oermU westo,wlll not alrer the dosl�n or atructural cha�ecter constituting eny bullding
<br /> now or hereafter erected on and constltuting the Tiust Proeprfy wlthout the prlor wrltten consent of 8eneliclary,wlll not do any ect or thing whlcb
<br /> would unduly Impal�or deprec/ate the valua ol tha Aust Property and w!H nat abandon the nust Properry. Tiustor wlll rrot remove arry Nxtures
<br /> conaNtutlnp the Tiust Prope►ry uriless tho same are lmmediafety rep/ecod wlth IlAre property sub(ect to the llen and securlry lnterest o/thla!)eed d
<br /> Tiust and d et kest equaf velua and utllity.7Yustor wlll compy w!!h alf present and future ordlnances regufat/a►s and requlrements M any
<br /> p�werrtmentef body whlch aro eppllcable ro the Aust Praperty and to the ocr,upancy and use thereol.ll thls Deed ol Trust!s on s unit fn e
<br /> condomlrtlum a e plarsned unit development,Tiustor ahall perlorm ell ol hustors obllgations under the dec/eredons or crov6nants creatlny or
<br /> pawrnlnp the condominlum or the plartned unit de�lopment,the byfews end reyufr�tions ol the r.ondom/nlum or planned unit developmenf,end the
<br /> c�nstltuent documenta
<br /> 9 /nspecflon.Bsnellclery or(ta egt►nts may;uf al!reasonabfe flmes,enter upon the Tiust Properry for the pu�po59 0l lnspecdon.B3nelklary shal!haue
<br /> no dury ro mak9 suCh Inspectlon and shalf not be Ilsbfe to Trostor or to sry perton!n passesslon il!t mah�s or falfs to make eny auoh InspecUon.
<br />" TQ PnNectbn W Sacuriry.H Au�Nr talls to pe►form ary o/the carenants and agreemonfs conta/ned In thls Deed o/Aust,nr N any actbn or proceedlny
<br /> la commertcod whlch does or may adirersey elfeat the Tiust Proporty or the lnterest ol Trustor a 6enoiklary therefn or tho 1ltlo ol Tn�slor thereto,
<br /> [hen Heneficlary,at lfs optbn,mey perlorm such c�+rnnartts and agreements,make such eppearonces,defond egalnst and lmrestigate auch ectlon
<br /> a pioceeding and tal�r aucb uther acUOn as Benelkfary deems necessary to profect Ity Inrerest Including,but not llmfted tq disburoement d '
<br />� roaaoneble ettontay lees an�entry upon ihe 11ust Prope►ty ro make ropalra Any amounts dlsbuned by BeneNc/ary purounnt ro thls pe►egreph tq
<br /> wlth/nteroat thaaon,ahal!constltute lndebtedness ol Tiustor secureU by th/s Deed o►Trust.Unleas 7yusror and Benefloery agree ro othw ts�ma d
<br />. peymenr,such emoun►s shall be peyebls upon notke Irom BenaOc/ary ro Tiustor requesNng paymertt thereol,end aha0 4en�lnterest from the date
<br /> ol dlelwroement et che de/auft rete,li An};set forth/n the IYote,a othenvlse at the hlr�hest rate permltted by law.Nothfng Conte�ned!n th/8 p�ragnph
<br /> ahall requfro 8endklary to incur any expense or teao ery acUOn hereunder. Trusror irtevrrcabiy aumwizes ar,o ampoNrers 8e�iaficiery iv univr uNv+r —
<br /> the livat Propeny e�husror's epent end,ln TiustoPS name or othe►wfse ro perlorm any end all caronants and egreements to be perlormed by
<br /> Tiustor as heroln provlded.Benef'�c/ary shall,at Its optlon,be aubrogated to eny encumbrance,llen,clalm or demand and to all Nghta end aecu.ltles
<br /> lo►the payment thoroof pald or dlscharged by Beneticlary under the provlsions hereof end any such sunrogallon rlghts shall be eddldonal and
<br /> cumuletM�securlty kr thls Deed ol Tiust.
<br /> !1. Cond�rtxfatkxt The procoeds d any award a cla:m for dama3o�direct or consoquentlal,!n connautlor►w!!h any conc+emnaBon a ofher faklny d M�
<br /> • Tnrsf Properry,a arypart thereol,orla com�eyanco In fleu ol or fn enticfpat�ort of condemnaflon,aro hereby asslgned ro end shaU bo pald to
<br /> BonnNcln�y! 7iustor will pb and prosecut&In goai latth end wlfh duo diliQence,Ita cfafm for eny such ewud a payment,and wJll cause the same to be
<br /> croNected end peLd to 8ene/kl�ry,end,should tt fall to do aq Tiusta lrretirocady aufhorizes nnd dropow�ers Elonelklary,!n the name d Tiustor a
<br /> ofhenvl�to 6fe�prosocute,sottlo or ctxnpromise eny sucFi cls/m and ro collect,rece/pt tor end refaln tho procooda It fhe Tiust�Prop9rty Is ebandoned
<br /> by Tiusror,a,eher nofke by Ber►efklery to Tiustor thet t►re condemnor olfers to m8ke nn ewerd or oettle�Cla/m la demeges,7iustor/80s to respond to
<br /> 8enelkfery wRhfn thlrry(30J deys alMr the dato such not�e Is malled,Beneficlary!s nuthat:ed ro coAect and eppy the proconds!n the manner
<br /> � lndkated heroln.The procooals oi ery ewercJ or clalm may,after deducting ell rpssonabW costs�tnd cutponsos,lnclud�ng attomoy foo�wh�Ch msy haire
<br /> been lncum4d by Berxdickvy!n the collectlorr thoreol,et tho sofo dlscroUon o/Benefkfar}ti tw refeasal ro fiusror,applled ro rost�rat/on o/Tiust Pro/�er%
<br /> a appMed to the paymnnt d U�e lndebtednoss.Un/ess 8ene►iclnry and riuslor othe+wlse egreo!n writing,nny such eppllcatlon o/proceeds ro
<br /> Indebtedness ahall nof extr,nnd or postpone the duo dete W the Noto or Uro paymottt of any Inste9ments ca!led for tharounder.
<br /> 1z. 1)usPa Not l7ekased.Extenslon d the tlmo fapeyment or modificallon d ery amortizatlon of the Indebtednsss 6ran�ed by 8onelklary to any
<br /> successor!n Inteir�st ol fiustor shal!not oporate to roloase,In any mannc�fhe!labllily ol Tiustor and DustoPS successors In 7nrorest Beneliclary shaN
<br /> not be raqulrad ro commenco pmceedings ag�lnst such successor or re/use to oxtend Nmo fa paymont or othonv/so modity amortlrallon of the
<br /> Indebteriness by roason d ary demar+d made by liusror and rivstor's succossas!n lntorost.
<br /> 1 O CLf�nnLl I�NMNiLI//IYfJI/OlfIIGQl lf�QM4��!`�YN Euctnr�ulL nrw4b�n Acnd:nlciu uiUhln nLwtu/UA1 ifave n/�hn�en.J a�nh flcnnl umi�J
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<br /> w iTUSto�the consolldeted balanco shoet and statument o/ot+mings ol Austor ond arry and n!!guamnto�s o!tho lndobtadnoss socumd hereby,!1 sny;
<br /> and w(11 pravfde end delivar to Bonefklery such other 1lnanclal lnformatlon nnd fn such mattnor as Benoflclary mny ronsonnbly requost from Umo to
<br /> t�me.
<br /> 14. Flnancfal Covonents.ln edditlon ro eny ofher linanc/el comnants ol Itustor made/n erty othor egroemont,lnatrumont or documont Tiustor shall
<br /> crornpty with ond shall causo arry and afl guaranrors a'tha Indobtodnoss socumd heroty to compty wRh,or be!n complisnco wlth,the followlnp
<br /> Ilnanclal carenants:(Th/s pareDreph shnll nat appty!�caronants ond mqu�roments aro not sot forth homin.)
<br /> 16. Schodule ot Loasos.Wlthfn ron(10)days�Ptor domand,liustor shall furnlsh to Bonaflclary o schnduto,certifiod to t+y liusto►,sottfng farth atl leases
<br /> o/fho Iiusf Propo�ty�or any portlon therool,Including!n Qach caso,tho nnme o/tho tonants or occupants,a dvsc�iptlon ot the spaco ocCUpled by
<br /> such tonAnt a occupant,fhe mntal p�yablo lor such spnr,o,and such othor informodon and documonts w(th rospoct to such fensos dnd tonnncles
<br /> as Benoflclary muy mnsonabty raquost.
<br /> 10. Cwnn�nts ol Rustor wlth Respoct to Loasos.Without tho pdor wNtten conse��t ol EtoreBclary, ilustor shal/not,diroctty or�ndiroctty,wlth rospoct to
<br /> nny fease of ap8ce!n the Tiust Proporry,or c►ny port/On themot,whethnr sucA foeso!s now or horosftor in oxlstonco.
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