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<br /> Q�� �\�y��v -a����.w M.�.•.NL+bn1!n nnu fOYaC ARfAi'QMOA�S
<br /> age/nst fu�ro mantf�y�115(B�i�613f8 a1 FIIAC7.ff(TA�IRW!1t O11RR huttUS iroiu ir/o�6v����d�Y����• �����-°-•°�°^••�r-+ •- � -_
<br /> lnsurancv promlun+s nnd qround rmtts ns t�55y taf!duo,Trustcr chall pny fo Boncllc!ary any Amounl nocossary to mako up tho dvNOfoncy wllhbi fhlrry ___
<br /> dey�from tlio Oat�nuticn!s nr:C;,d E:Y Q::nelfclnry to 7YU�ro�rcqua:;tm�pnym�nt thcranf.Upon prymcnt In full o!all lndcbtcdn�ss,Borioticlery shell �.
<br /> prompfy relurtd to 1lustor any Funds hold by Benetl�/ery.ll tha Tiust N;opo+ty/s eold unt�er U�o powa af salo o�thp 11ust Prop�ry lo otr7cn�ls4
<br /> ecqulred 6y Benel/clary,9enNkfary ahel!appty,lmmadlatery p�lor to tho anJ�of tho Sust Praporty or Its acqulsltlon by Eoncflc/ery,eny Funda held
<br /> by Bensfklary et the Nma of epp�ICaUon es e aredit apelnat the IndeDtedneae.ff 8nnolklory executes a wrltton wslver ol Trustor's obllQutlons under
<br /> th�s psragraph 4,1Fusta cowrnant�and epn�es ro pay,Doforo fhe aerr•v t�ecome dellnyuen�,all texes,asaassmonts,/nsurance premlum�,prourtd
<br /> rertt�,and eN other ch�rQes whataoevx Nivlad uPnn a essesaed,plecod or mado ega/nst tho hust Properry. Tiustor further egroes,upon wNtten
<br /> roqueat hy BerraHclery,�n prompty deM+s+ro BsnetkNry aIl ncNpta tor;he pr�ment ol auch charpos,7iusror akowlso agn�es to pry au rexea,
<br /> essessmonls and oGto►charges levlad upon or aesessed,pfaced or mede agtrinsl,or mensuretl by,Ihls�eed o17Yust or the recordatlon hereol.
<br /> a ��.�u y����a�„j,,,�,��!e�r�n...,�.�.Morf I�y A�nnl/rJery es ro any dabt.lisbllib�or oUllyauon avad to GonoUclary Cy 1Fu�Jof rnt�b�cppll�d!r� �
<br /> Beneflclery to the peyment d the Indebtedneaa or to eny auch other debt IlaGlllry a obllgetbn,�n any orda or manner o�epp�xetion whic6
<br /> Benaflclary,ln Its absotuta dlsCrotlon,deorr�appropr/efe.Unlesa otherwlse elected b�Beneflclary,arry euch payment ahall be doomed t�pllod Brst
<br /> [o tha paymarrt ol srty debt,Ilabl�iry o►odNDation o17�sr fhan tfre Note.
<br /> & Charyes;Llens.TYustor wlll keop the Dust Properfy trse from all llens and encumbrences w/�Ich In any way may;in the/udc�ment of 8enefklary,heva
<br /> prbrlty wav,orlmpalr the secudry o/,Ihls Dead ol Tiust bu�Tiusro,-need not d/sc/t8rge arry such Ilen so(Dnp a9 Tiunta ahall egree,!n wiftlng,to
<br /> pay the obligallon socured by auch l/en!n a manne/accep[eble to 8enoflclary and ahall in good fa►fh contost sur.h(!en by appropAata tegal
<br /> proCeodings eKectiva to prewnt tne enloroement of�ha Rsn aed tho loss oi er%r lnterest In or part oJ Ihe Tiust Properry.
<br /> 7. Hazercl Inaurenca Trusta shall keep the bulldings and otho�lmprovements now exlsting or hereafter eracted on the Trust Property Insured by
<br /> Insurance canlers sat/sfectory ro Beneflclary egslnst loss by flre,hazards Inciuded In the term'bxtenUod commgo"end such oiher hazerd�,
<br /> casuaRleo end contingencles es mey bn roqui�d by Benellclary,!n auch amounts nnd fm such perlcds as may bo requ/red by Benefklury.The
<br /> policy o/lnsurence shall be!n form acceptabie to Bev�eflciary,provlde that thu same may not ba cancellod or modllled wlthoui lltteen(16)days prbr
<br /> wrltten noike to Beneflclary,and ahall ha�re loss payable Provlslons!n fuwor of and!a torm acceptabla to Benellcln�y.All premiums on insumnce
<br /> polkfes shall 6e peld ln thu mann6r provlded��nder paragreph 4 horeof o�N not pnld In such me��nsr,by hustor making peyment at let�st fiftoon(15)
<br /> deyrs p+lo�to the duo date,dlrecty to the Insu�nce carrle►.Benefklary shall hevg tAe rlpht to hold the pol�les and ronewals thsruol and Tius7o�ahal!
<br /> prompUy fumtsf�to Ben�flclary all rn�:•af rtotices end a11�eld premJUm recelpta rocelvad by!t.In no evenf ahall Bene�/c/ary o�Tiusteo be hekf
<br /> tesponsibla fa lallure to pay lnsurence premlums or for any I�ss or demage adsing out ot a dofect In any poUcy or a�lsing out of arry felluro oP e.�ry
<br /> lnsuronce campery to pey lor any lo�or damade lnsured againat or for fallure by Trustor to eNoct the lnsurance requlred horounder.In tha event of
<br /> bss,Itustor ahall glvo prompt nollce by ma(I to the lnsurancvi cen/er and 9eneflala�yc 6enellc!ary msy make prool oi loss!►not mad9 prompty a In
<br /> proper lorm by nusta.AN/wik�es ol lnsutence and any and all retunds of unes�ned promlums ero hereby asslgned ro Beneliclary t+s eddiUonal
<br /> secudry/or the payment ol the IndeMedness.!n thB e�renf ol Aenelldary's exer�lso of the power ol sale contelned heroln,w In lha eirent d
<br /> forecbsure,all rlght,fltle and lnferest of nustor In and to any lnsurence/�ollcy thon!n forca shall pass to the purchsser at the hustee's sale ar
<br /> lornc�aeuro ae1e.ln cese al any+oss,fho lnsurance proceeds may,at lhe aptbn ol 8enef/clary,bo eppllod by Beneflclary upon the lndebtedness,o�
<br /> erry paR thered,and Ir,auch order and emount es 8enollclary mey determine;or sald Insurencv p�ceseds,at the opdon of Benelkiery,may either
<br /> be u�ed In roplacing o�re�rorJnp the Trust Property partla►fy or totally destr�oyed to a condlrion saUslactory to Beneflclary;or sald Ir.surence
<br /> praceeds,or ary portlon thereof,may be reieased to T�usror.Unbss BenH/clary and Tiusto�otherwlse agreo In writlng,any such appilceNon d
<br /> Insun�nce proceeds ahel!not exrend or postpone the due dato d thn Note,or any Instal/ments Ce!!ed tor fhereln,o�change the smourrt o1 such
<br /> lnatal/menta H tha iFust Properry!s acqulrod by Beneflc/ary pursuant to the exericlse d the power ol sa/e or ofher forecbsure,all rlght,Ntie Rrtd
<br /> lntereet ol Truskxln and to any insuranca proceeds PoYeble as e result of damage to the Trust Proporty pnbr to the sa►e or acqulsiNon 8hafl�+ass to
<br /> Eerr6iicT6ir ar�d s4sN:a o��fi�'"�!�'"!>n�►.o nnd exnensea IncludinD attomoy/aes,lncurred!n c0lfecBrtg such proceeds,then In the manner
<br /> And In the ader prov/ded hereln.
<br /> B. Preaervatbn and Malntunance a4 Tiust Prope►ry.Tiusro�w!U keap the bulldings end otherlmprovemente now or hereaRer erected on ths Trust
<br /> Froperry.in gaod repefr and condltlon and w!f!nat commlt or permlf weste,wlll not alter the duslgn or atruCturel chamcter constltutlnQ ery bul/dhp
<br /> now or heroeMer erected o+►and constituting cbe Trust Proeprty wlthaut the prla wrltten consent ol Bonetklary,wlll not do ery act or thlnp whlch
<br /> wnuid un�ify lmpalr or deprocl�te the vrlue ol the Trust PropertY and w1N not abandon fhe 7Yust Property!Trusror wlu not renwMa eny Ilxturea
<br /> coneNtutlny the 7Fust PmpeAy unfes�the samA are lmmodiately replaced w/M llh�property aub(ect ro[he�len end securlry�nte►eat d thls Doed ol
<br /> 7Fusf�nd d et leatt equel vs►us and ut!/ltyt Trusror w111 comply wlth efl pmsont and luture ordlnence�rt,puletbns and roqulrements d any
<br /> powrnm�na!body whlch aro eqpJlcable ro the nust Prope►ty end to the cecupancy end use thereot If rhls Deed d Tiust Is an a untt In a
<br /> corMOminlum or a punnsd unit dewliop�+rent. liusto�ahall perAO►m all d Trustor'8 obNgaHons undar the declamtfona qr caronanfs c+wHny or
<br /> QpyemJnp fhe Condominlum a the planned unlf dovelopment,the bylaws and rapulallons of the condornlnlum or p/enned unft[isNelopmen6�nd tM
<br /> conamusnt documer►rs.
<br /> 9 Inspectlon.Bensfklery or lt�agents mtty,at all roasonable tlmes,ente�upon the hust Froperry Ivr the purpose orinspecNOrt.BeneNclery aheff hw�s
<br /> no dury ro mahe auch Inspectbn arn!shall not be llab/e to 1'iustor or ro ary pe►son In possessfon il R makes or lalls ro make any au�h H�spsctJOn.
<br /> 10. !'�Non�d��hkA�,�a a r�edroNe�y aHect he Trus�roperty o�� terest ol 1Fus�v Benefki��reln or HNs d�flnu�fl»�dtas
<br /> �►Nn B�nNklruy,�t lta apUon.meY Peifarm such covenants end agreemants,make auch appeanances,deRSnd apatnst ind/n►�esNfleM six�►acNon -
<br /> or prnceedirly and telro aueh other acNon es Brnefeclery deams neceasary to pmtet.Y M�lnMroat lnchrdlnp,but not Nmlrod to,oYa�urs�+rnnt d
<br /> ����a��y,����ry�ppn y�e 7Fuat Prpperry to maks repelrs.Any amourtts dlsburs�d 6y Beneliclary pursunnt to thla perspn�pl�TQ
<br /> w,1M!r►Mnst tlprspn,ah�t►1 CW�ltftuM IndBbtedness d 7Fust0�seCUred by thl�Ueed n/TFust.Unkss riustor and Henel�Cary aQros ro other Mrma d
<br /> payment,auch amounta ahell be payebJe upa�notka/rom Beneficfary to liustor requastlng payment theroo/,end ahalf beer lnteroat from tho d�N
<br /> ol dlslwroenrent et the defeutt rato:N eny,eet forfh In►he Noce,a ofherwlse et tha hlphest rete permlMed by law.IVothlny cont�Ina/M thf�puaprph
<br /> ahaH roquln BsnNk�a.ry to rncur ary expense a teka ary ecUur,�,n�dw��e ,�u��ar�;r:•xany�Jt::CA'xs ar.d cni;r.r.rs�s Fu+re!J!'r,.ry m mror uoan
<br /> the iivat Propsrty ea liu�to►'s ag�r+t ead,In liusror'�neme or othenvlse ro peAcvm eny and eN caronsntt end eqreo+nenfa to bs psdom►sd by
<br /> lYu�ta as heroln provided.Henetic►ery shall,at(ts opNon,be suGrogated to erty encumbrence,fic+n,clelm or demend end to ali NgMa and ascuriNe�
<br /> lor rha peyment Nrorac!peld or dlscheirg�ed by Dena!!clary under fho provls/ona herool end eny such subrogallon ilghts shel/De edd�'Nonel�rtd
<br /> cumulathb secudty!w thls Deed of frust.
<br /> ��, Cw�nnetlon,TAe pro„�+eds o!any wvartl a c!a!m for damages,dimct or cortsequeMlA7,!n connectJon wlth eny condemnaUon or othe►tdrk►p d fM
<br /> pv�p�qp�ny,a an�,put tlbr00% nr lor co,M1Veyenco!n Ileu o�or In eM�clpallon ol condemnallon,ero heroby asslgnad�o end shall De pald to
<br /> 8enelk)Ary.7rusta wiN fib and prosecut�e�In good faffh and w8h due di/lQonce�(fs cla/m for ary aucli awerrl a peyment and wDl cause Hre sam�ro be
<br /> co�ctaol y►aI pakf to 8er►e�iclary,end,slauk/!t lalf to do sa Trusta IrtuvncabJy euthoNrea entl empawrs 9endklery,!n the neme d Austor w
<br /> rtryerw(se,to 61e�prosxute�setUe a cw►�►niso arry sucn cle/m and ro ro!lect recelpt lor and reMln Nre proceeds H the iFuBt Properry!s ebendorNd
<br /> Henef�iclery Wlddn th�(�d�the defo�ilchartollCA!��led,8aii8f klary I9 eu h�zed to coUeCt end epp/y�he proceDds Irt tl�e lmM�to
<br /> ��a�q h�rs,rn,TAe pro�;eed�of eny awerd ar c/Nm mays efter dndu�t/ng ell roasonable costs and oxpenses,lncluding nitariey fees,whlch may ha�re
<br /> f�een�ncurre�l Dy&xiellclary In tbe collecUort ihered,et the sole discrnNon ol8enoficlary,be released ro Trusto�applled ro restoratlon W 7ivat Properry.
<br /> w e��pfied tt�the peyme�►t d Me fndebtednesa Unles�8onoficlary end Ausror othanvlso ngnw ln�vriUng,nny such eppllcaibn d�xocoeds o0
<br /> /ndebtadr�ess shall not e�ctend w pas�one the due dnte d fhe NWe or fhe payment ol any lnstaf/ments cal7ed fa thereunale►.
<br /> �2, 7iustor Not peleased.Exknsbn d fho t/me for payme�t or modilicallon d eny emnrtlrat�or►of t6e lndebtedness granted by Benefkfary to uny
<br /> successa(n lnterest d Tiusta shal!not opurate ro release,In any menno6 the 1le�lliry d 1Fustor pnd Trusror's successas Jn lntaresG BeneNClary shall
<br /> not pm roquN�d to cpmmenCe proceedings egalnst such successor or refusu b extend tfine la paymont or otho�wise mod�ly amorUzetlon of fhe
<br /> Mdetkedness by reason ol e�y dt►mend made by Tiusror end Trusror's succossors In Interust.
<br /> �..�c...erwe.,, r.,,rM.WrU nrovrda tn Bennl/clarv.with(n nmotv(901 deYS of tho closo o/each IlSCaI year of
<br /> i;t �inareciai imvrrri6iv�..'v`�.�oy�a,,• •••.•••..�._.• ---._. .. ,
<br /> 7Yustor,tho consolldetod balanco shoot end atatomonf ot oarnings ol Austor end any and al!guaranrors ol tho lndobtodnoss socumd hvreby,if any,
<br /> and wl11 provldo and dolivor to Benolklary such other llnanclal Inlormatlon and In such mnnno�es Benollc�ary muy masonabty roquost lrom tlmo to
<br /> tlme.
<br /> f4. Flnanclal Covonants,In eddltlon to erry o�hor!lnanclal covenants of Trustor made!n arry otAOr a.qroomont,(nstrumont or documont,1lustor aha11
<br /> compty�vlth end sheG csuse ary end ell guarento�s of fho Indobrodnoss sacurod horeby to compty wtth,or bo In complianco wlth,tho loflaving
<br /> linanclal covensnts:(Thls paragruph sflall not nppry!f covenants And requlrements aro not set torth hero�n.)
<br /> t& 5chodule ol Leases.W1tAln ton(f0)d+3ys a/tar domand,TFustor ahall fumfsh to Bonaticlsry a schodute.Corttfiod to by Trus�or,sntting lorth all loasos
<br /> d fhe 7Yust Property;ur any portion Ihoreol,lncluding In oach casv,tho rtamo of tho tonants or occupants,o doscrlptlon o/tho space occupfod by
<br /> such tenent or occupent,tho rnntel pQyable lor such spac�,and sucl�othGr Informatinn arsd dotumnnts wlth rospoct to such loasOS and tenanCfos
<br /> ns Benoflclary msy mesonub�y roquost.
<br /> 10. Covonsnts e/1Yust0��vlth Respoct ro Loasos.Without tho p�lor tvNtton consont ol Bonoflclary,Tiustor shaU not,dirocrty o�rnd�rvctry,wttn rospocr ro
<br /> eny feaso of spaco(n tho Tiust Proporty,or urry portlon thoroof,whothvr such lonso 1s nav or horoattor In oxlstonco.
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