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„,:.. .��.-.�....:. ,...... <br /> , • :r=i;:;;;a'.� �,.o�>�. <br /> � .< _Pr• .. .. ' :��� � <br /> l .. . '� ,.1�_._ _.--_.. _” - '�_"..._. . <br /> _ _ w�s'._71'"';'-7:�re�-. <br /> 't . :Jf' . ,�' ��� ���;� ��.�.��� ..� ... 4c!w�'yn.��.. •+�-.. . �.I:. .u t.+.�,neio�� _ ... :��:�._. <br /> .Y. ,}1 q � . � - . .Vr * ��Mp}o W� - , •�. , -. � � -- — <br /> �� �- ^�i f .. <br /> ... .�i4M.W.>L�i,���.Y•-/.A�4:r1.LJ'na"lll�uYY`QGN _KF7�'T}r�.r„��.��.,yft�*'�ltri/rS'e:'�� --- <br /> . <br /> , <br /> � ...�---.._ - __.. <br />. _ _ . �._. . _`" "N"-__ .. . .-....�s.era• ..-........._-_-." <br /> . • . ' =;` <br /> , �.�. <br /> �_: <br /> �� �oOI�� ��- <br /> (b)'Ihc pmceeds of any cotx{emnat[on of tac rroperry si�nii in;�,�ut;w u.'•i�C,oabjxt to�:;Pe�lt�.�!Lie„a. `--_ <br /> We st►xil give OMAC nodce af�ny thrextene4 ca�dem�eatlon and slgn all document��equlred to curry out tlds paragraph 4. Na <br /> condem�wtion settiement may be made wlthout aMAC's prlor written spprov�l which sliall not be uiueasonably wlth�eld. <br /> (c) Sub,�ect to the t�mns af Auy Perniltted Lien, �MAC may elect that the proceeds of any lnsurance or <br /> condemiwdon(nftcr paymeGt of ull reasonablc cosw, expcns=s aud attomsys' fx.a paid or incurred by(�MRC and us)sUall be _ <br /> applied eo pay thc Secutetl Obllgadons�to rep�ir ot recon.guuct the Pmperty,and/or p�y us far our los�. Iu the event that such = <br /> proceeQs are not used entirely Ear repair a�id recoustn�cdon,we shall pravtde CiMAC with a new appraiss�l or valuatlon of the i <br /> proporty, conductal by a porson or entity and in s fann reasonably acaptable ta OMAC, iwl�s (3MAC wxives this <br />• reqWrement in wridng. T7�e receipt of praceeds shall not cure or waive any default or nodce of default under this Deed of <br /> Tiust or invalidate any ac:done pursuant to such nottce. <br /> If tlie Pmperry is abandoned by us,or lY�ve fail to nspond to GMAC ln w:idng wittun 30 calendar days from[he date �_ <br /> nodce of A proposal insoru�e or condesanatlon settlemcnt is givea to us, (iMAG ffiay settle the clalm.callect the proceeds and <br /> apply them as set forth a8ove. — <br />- If the Property is acqulred by�3MAC,all of ovr dght,dtle and Interest in and w any insurance or condemnadon proceeds <br /> shall bccome the propeny of(3MAC to the extenc of the sums secured by Ihis Deed of Trust. <br /> S. MAINTENAPJCE 61�' TI� PROPERTYi LEASEHOLAS; CONDOMA�TIUMS; �PLANNED I�NIT <br /> DEYELOPMENTS. We shall: use� unProve and maintain the Property in wnnpliance with law; kap the Property ln 8oa1 ! <br /> rep�ir and pay when due all repair costs;pnv.°,nt waste, impaimaent and/or decerioradon of the Property;and comply wtth th� <br /> provision9 of sny It�se of the Pcoperty. <br /> If the Praperty is put of a condomiWnm Pmjcet or A plAnned unit developmeut, we stss�ll prompdy periacm all of our <br /> obligndonv under tt�goveming documents of tlk project or development. <br /> 6.PltO'I'ECTION OF GMAC SECURITY.We slutll aPpear in and defecd Any acdon or procealing which miy affect <br /> the security aF t3MAC or Tn�.ctx under thia Tiad of Tnist or nsule in s�viol�don of p�ragrsgh 3 Above. Yf sucl�a�i acdon is <br /> filed oc v�vlofau either Ccedit Da�ument.then(iMAC or TrustRe way disbur9e funds en�l do whAtever it believes necessaay to <br /> protect the security of this Dad of'ISnut. In doing so. GMAC or T:ustce shall give us notice 1wt nxd not malce demuid or <br /> release us from any obligadon. <br /> Any Amounte paid by CiMAC or Tiustee undet this paragraph 6,with PINADICB CHARGES At the variable rate in efffxt <br /> under tl�e Agnwknt, sbA11 be l�aid by us upon demand. Until pxid by as, such amounts are secured by this Dad of Tiust. <br /> Neither(iMAC car Tcuatea is requirecl to lncur any exZxnse or teke any aedon wxlcr thie Deod of Tcust ared no acdon laloen <br /> sLall release us t�nm any daty. <br /> 7. INSFECTION. Repcessntatives of GMAC may iaspect the Propeny from tiuie ro time. Bxcept in an emergency, <br /> GMAC mnst 6ret eive nodca specifj+ing reasonablc cause for tbe Inspection. <br /> S.FINANCE C�IARGES AFTER END 0�ACCOUNT AND/Ol�NDCMENT. '1'o the ercent pemuice6 by law.wc - <br /> xgcx ttwt PINANCB CHARGBS afttr the end of the Account a�l/or a#ter a judgmsnt is enured shall wntinue to acciue�tt the <br /> rates aud in the m�mxr specified In tlie Agnement. — <br /> 9. QUR CO�I'I'INUING DUTffS AND GMAC'S RIGHTS=WAIWERS. No waiver of any GMAC or Tnutee right <br /> - under the Cralit Dr,cuments shall c�lease or 11mit our lisbillty, Borcower's liah'il�it� or that of our succe.gsors or Ro�rovvcr's <br /> succeFSOra, nor sLall any waiver affect the llen or ptiority of thie Dced of'IYust. NcitLer OMAC nor Tn►stx shall be require�! <br />— to start procteclings agaiact any successor or modify payment tem�s by reason of any demand uaude by Borrower, us or auy <br />—' successor. <br />- - No(3MAC ur Tcusta act or failure ro act shall waive any right under d�ia Deed of T�ust. All watvers must be in wridng <br /> aud s'�xd by GMAC; Wey shall apply only to tlie exeent�+nd with respect ro the event specified in tUe writing. Obwiwng <br />�� insurance, or paying taaes, other lions ar charges shall not be a waiver of GMAC's dght to demarxi paymcnt at o�we of the <br />°� sume secured by this Dee�l of Tcust in the event of a default under the Credit Docum�nts. <br />-� 10.SUCCE5SOR5 AND ASSYGNS;JO�NT/#1VD SF.VERAL LIABII.I7'Y.'lliis Deed of'Cmst sl�all bitxl us aud our <br /> �_J_L�� <br />'� iCSpCCtIVC SUCCCSSOI5 aU(I j)CI11�ttC(I ASSISIL9 fOr WC bC1lCtlt Of(iMAt;A�I It9 SIl�CC35oi5 az1¢assi�. n►i itgEccaitsui$uu�uc vJ vo <br />_ or�uiy successor are joint and several and may be eufoiceci against each of us or any successor. <br />* •� .�4 .��'' J <br /> � • <br />' -3- <br />,�l <br />___3� <br />