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<br /> � nd la dul authorized to oxecute and parform Ita Obligattone under thfe�ead of Trust and these aotlone b nd nt IIon ,
<br /> (d) Cirantor�o the r�t a Y .
<br /> ' ahall not confllct with the provlolons ot any stetuto,ropulatlon, ordlnnnco,rule ot Iaw,Contraot or othor agreoment which may b 9
<br /> prantar nt any tlmo;
<br /> (o) No action or procccdlnp la or ehnll�o pondlnp or throatonod whlch ml�ht mAtoriaily nffact tho Proporty;nnd
<br /> � � (f) Q�antor ha9 hot vlalated and nhnll not violnte any etatute,ropulatlon,ordlnnnco, rulo 01 law, contrnct or othor nproornont (Including,but not
<br /> Ilmlted to,thous governing Hatardoue Materlals)which mlpht materially nHeot tho Ptoperty or Londor's righte or Intorest In tho Propor4y purauant
<br /> to thle Deed of Trust. -
<br /> 3. PNIOR DEHDS Of TR�IST. (irantor repres9nta and warrante that thers ere no prior deeds ol trust atteotinq any part ot the Property except a�set �
<br /> farth on Sch�dute B attachod to this Oeed ot Truat,whlch Orantor apraes to pay and perfarm in a timoly manner. if there ere any prlor deeds�f truat
<br /> then Orantor�pr�s�to p�y all amounte owod,and partorm ail obllyatlons requlrsd,under such deeda ot truat and the Indobtodnees secured therehy
<br /> nnd furthor ngroea that a dotaui'ha nnn�e nna�n tehieh Lender wou�id be m�lUed In there elnto�any o hrordofau�thall entltle Lender to all rights and
<br /> - � �o�l�o�riOuG�..-�::.�........_._.._... ...- -- � -�---.. �-�.� — _
<br /> coi so�tN oFdeedo�r ha ateR opay pe�o BoNalFo�r�nny'ptrt o1�hTs ns pp p�rty de s bsd I�nRSChodu o 11,or eny Intereat there n,�ur of all�or any � ,
<br /> bm�flcl4l Int�reat In Borrower or(irnntor(If Borrower or(�r�ntor la not a netural pereon or persona but Is a corparetion,Iimited Ilablilty company, "'
<br /> .� .,,,, partmrehlp,trust,or oth�r tepal sntity),Lend�r may,at Ita optlon decltrs the outatnndlnp princlpal balance of the Otrllgatione plua accrued Intereat ,.
<br /> thtnon lmm�dlat�ly dw end payable. At L�nd�r'�nqu�tt,Orantor or gorrow�r,te tho caee may bo,shall furnlah a compiete etatlment eetting forth
<br /> all of Ite stockhotd�n,memb�re,or partntra,a�eppropslato,�nd th��xt�nt of thslr respactive ownerahlp Intereate. •�
<br /> (3ran$or1eeete�te,�rl�ht.RllEle+,�t�rnL cla�l�inr�nd dem�nd na��ownid or h�naRn ecqulbstlth ga��xlatlnprsnil�futurte le seel n1 Ihw Praperty(nc udlng�� -. _�+
<br /> �xt�n�lon�,nn�wa4o a�a e�ni.�4oe�,atl a�raamOnto fot uco anC occupancy ot th�proporty(ell ouch lon�ea and apreart�ents wh�thar wrltten or orel, . �j..�u;�
<br /> en horuft�r n}ernd to�e the'l.�as�o"),and�II puar�ntle�o}I�es���'p��otmltnc�undlr th�LeasH,top�ther wNh t�ie Immodlato and contlnulnp • , ._.�
<br /> rlpht to colleot�nd r�c�ivs dl 01 tho nnt�,Incom�,nc�lplr,rw�nu��,I��ua,protH�and other Incom�o}�ny netun now or h�ruftst dw(Inciudlnp ' .!L:��:����
<br /> ' �ry Incom�o}Rny n�tur�cominp dus durinp any ndamptlon p�tiod)und�t th�u�ta or trom or ulilnp nut of ths Propnry Includlnp minlrnum � ,,, �.._
<br /> , rmu, edditlon�l rmt�, p�rc�m�p�ronts, p�rklnp or common u��maln�m�na oaMrlbutton�,tax ind Inwranc�contrldutlon�,d�ticlmcy nnt�, '-
<br /> t Ilquld�t�d dtm�p�e followlnp d�t�ult In any L��na, all proaed9 pey�bl� und�r �ny polloy ot Imuranc� covednp loae ol rente ronultinp trom 4.•:' ,;y,�,_,
<br /> ; � unt�nantablllty oauud by d�ttruotlon or dam�p�to ths Propn4y,all praoNdf p�y�bl�a�r�tult of�I�nu'��x�rcls�ot an optlon to purchu�th� '- ."-,,,�
<br /> Prop�rty,�II procNds dorlv�d irom the 1�rmination or r�)�otton ot sny I.��N In�b�nkruptoy or othu Insolwnoy proc��dlnp,and tll pr000�do trom
<br /> � S �ny rlpht�and clalm�ot any klnd whlnh�r�ntor mny hiw�palmt any lau�und�r th�Uisa or any occupants o}th�Proporty(�11 ot ths abow�re �.F=:;°.:•
<br /> , . � h�r�att�r coll�ntlwty nf�rred to ns iti�'Ro�tY). Tnls a:tlpnmtnt le eubJeot to the rlpht,power nnd euthoriry plven to th�I.�ndt►to ooll�ct and spply �,'j.�,;•;4
<br /> • • th� R�nt�. Thle �tUpnm�nt Is rocord�d In�ccordana wlth appliaabl��tat�law;th�Ic�bl�st�te uw te am�tl�d from tlm�to tme.�A�eonp ae , ,*'";
<br /> � � p�rl�ot�d,md choate upon th�ncordlnp ot thl�W�d o1 Trutt,ail a provid�d by app - �
<br /> then Is no defnult und�r th�Obllpatlone or thla D�ed ot Trust,land�r prent�Or�ntor s nvoctbl�Iians�to collsct all FNnt�from the U�s�s when ti+�':•_
<br /> „ � dus and to uss nuch pracsede In�rantor's bueineae operatlone. However,Lender may et G�y timo requlre(3rentor to depoalt ltll Rente Into an '•.`h-.�
<br /> account malntaimd by Qrantor or Und�r�t l.�nda'�Imtitution. Upon d�fault In th�payment of,or In th�psrtorm�ena of,eny o}the Obtlgatlor.s, ,;;.is�:
<br /> .� . Lender mny at Its optton take poas�ssion ot th�Propertyr�nd havo,hold,mamp�,leaa�and operate ths PropeRy on terma tnd tor n potlod oi tims - -�
<br /> . a that Und�r de�ma proper. Lender may proceed to collsot and rooelw all Rsnte trom the property, end Lend�r nhall hava tull power ta meke �=:`=-�-•_
<br /> � altsratlons,r�novatlons,repairs ot nplac�mente to t h�Prope rt y ae Ler.d�t ma y d��m proper. Lender may apply all Rents in Lender's aole dlscretlon `� .�
<br /> .; ta payment of the Oblipatlons or to the peyment of the cost ot auoh altontlona,renovationa, repalrs end rep Iacsmenta and eny expsneas Inold�nt to _
<br /> takinp xnd rstalninp posassalon of the Prop�rty perlodlcaily end tho menapemmt and oper�tlon ol the Property. Lender may ksep ths Property ��,q;��
<br /> ,. prop�riy ineured and may dlacharpe any texss,cherpes,claime,nsaeosm�nta and other Itena which rnay axrus. The�xprna ancl t�ott of thbee
<br /> - aatione may be pald irom the 9ento recsived,n��d dny unpstd amounts ahail bs add�d ta the principnl of tha Obllyatians. Thoas amou�te,topether !'
<br /> with other coats,ehall become part ot the Obligstlona e�cured by thle Deed of Truat. -
<br />- � , 6. LF�4SE8 AND OTHER AGREEMENT3. Orentor shall not tnke or tall to tnke any action which mny cnuse or permit the termination or the �ry
<br /> �•- :.;�i:ho:dlr.�,of����a;!^wnt im m�neotion with nnV Lease or othsr eDresment("ApreemanY)partalning to tha Property. In edditlon,(irantor,without
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<br /> .,,, � Lendet'e pdor wrftten conaent,shall not: (a)colisot any monl�s paysbte unasr any iagreemon������.•t�a��ors r"onlh!s!efi"-"•e'-': !t')modi, eny .
<br /> , . Apresment;(o) easlgn or ellow a Ilen,aecurity Intereat or other encumbrence to be pleced upon Orento�'s rlphte,title and Interest In nnd to any
<br /> � Aeraam�nt or the smounts pnynbie thereundor;or(d)terminate or canal any Apreemont except for the nonpsymsnt ot nny sum or other materinl
<br />°� brsach by ths oth�r party thereto. If(3rantor receivoa at any Hme any written Communlcatlon asserting a d�feult by Cirantor under an Agreement or `
<br />�j • purpnrtinQ to terminete or cnncel any Agreement, (irantor shali promptly torward a coPY ot such communlcatlon (and nny subsaquant
<br /> communlcations relating thereto)to Lender. Ail euch Aereements and the amounte due to Orantor thereunder are hereby na�lpnad to Lender as
<br /> •� additional security far the Obilgatlone.
<br />� � � 7. COLLECTIOH VF INDEBTEDNESS FROM THIRD PARIY. Lender ehali be entitled to notNy or requ►re Grantor to notify eny third partyr pncluding,
<br />�:. but not Ilmited to,lesseea,Iicensees,povarnm6ntal authorities and Insurnnr,�wmpanles) to pey Under nny Indebtednese ar oblipition owinp to
<br /> . � ,�,� Orantor with raapeot to the Property(oumuiativeiy"Indebtedneas')whsther or not a delwlt exlata und�r thla De�d of Truat. Orantor shall dilipently
<br /> ^ culi�ot th�Indebtednese owinp to C i rnntor from thsao third parties until ths givinp of euch notification. In the event that Orantor posaesssa or rsc:�tves
<br /> • � poasesslon of any Instrumsnta or other remlttrnc�s with reapect to the Indabtednea9 following the giviny of such notlfication or If ths inatrum�nto or
<br />-j other romittnnc�a oonatltute the prepayment of any Ind�btedness or the psyment of eny[nsu:anae or condemnetion proceedt,Cir�ntor shdl hotd
<br /> �such instrumente nnd other remlttences in tru�t for lander apart from Ita other propsrty,andorse the In�rumente and other reml4tanoea to I.�nder,
<br /> and Imm�dlat�ly provid�Lender with posseaalon of tho Inetrurnents end other remittances. Lendsr ahall bs sntitled,but not requlrsd,to colleCt(by e�.
<br />^� ' ;t�;,n:; I�pal proaedlnps or otherwis�),sxtend the Um0 for payment,compromise,exchanps or roiaae nny obllyor or coilat�r41,or othervvla�eettt�any of �
<br /> i`��- ths Indsbtedneas whether or not an ovent of dsfautt exists under thlo Apre�ment. Lender sh�ll not be�labls to C3rl�ntor for any actlon,�rrar,mtstaks,
<br />"• � omisalon or delaype rtalnin9 to the aations deacrlb�d In thls paraprnph or any damepea resuiting theretrom. Notwfthetanding the forepoing,nothing
<br />-'-- -•°-�-� heein shall cawf�l.qnd�r to be dNmad a mortp�peain•poasesslon.
<br /> �'�4������'~` 8. USE AND MAINTEPIIWCE OF PRQFER7Y. Ornntor nhall take all aotlona end make eny repairo needstf to malntdn the Property In pood
<br />:a.,::_-..•::.,-
<br /> �`•% � + condltion. Ornntcv shall not commit or permit any wnate to be commlttatl wi4h reapact to ths Property. drantor shnll uss ths Proporty satoly in -
<br /> � compIinnce with epplicable lew and InsuranCe pollcles, Grantor shail not make any alteratlons,nddltlona or Improvemenu to ths Property without
<br /> � __ " ` . � Lender'o prior written consent. Without Ilmlting the forepolnp,all eltaratione,addiilona nnd Impravements mads to the Propnrty shail be aubJeot to - -
<br /> " � lho Dan6�lclal Intarcat�alcnying to Lender,shnll not be romovod wltNout Lender's prlor wdtten consent,nnd shnil be mAde at Grnntor's wle expenas. _
<br /> �:`� � �. LOS9 OR DAI�IAGE. Grantor shall bear the entire rlak of any loss,theft,destruotton�r damase(cumulat(vely'loss or Uamay�`}to�he FroNerty or
<br /> - , eny portlon thenof irom any cause wheteoevsr. In the event of any Loss or Qamage,Grentor shnli,nt the optlon ot Lender,repafr the afteoted
<br /> -��-����- Prop�rtyr to fte previoua conditlon or pay or cauae to bs paid to Lend�r the decreaae In the fair market value of the afta�ct�d Propony. _
<br /> .-_ %"r�',.F4�....
<br /> 10. IN8URANCE TAe Property wlt►be kept Insured for ite fult Insurabie valus (replacoment coat)apolnat ell hezerds Inc�udinp loss or damag� ���
<br /> -`='�;•"'�"' ' caused by tlood,eaAhqupke,tornado end flre,theft or other casualty to the extent requlrod by l.ender. (3rnntar may obtnin Inaurence on ths Prope►ty � ���-__
<br />- :'"'"�� � irom such�mpaniea as are nCCeptabls to Lender In ita sate discretion. The Inauranoe polloles ehali requln the insurance company to provide R.�� _ _ __
<br /> �`�� -� • Lender with at teast daya wd tten no U C e b s i o re e u c h p o l i c l e a a r e n i t�r ed or cnncelled In e.ny mannar, The Insurancs potlol�s ehatl �_—�����.4_
<br /> � • � name Lendsr Re a toas paye�and provide that no aot or omisslon of(3rnntor or nny other porson shall at t�ct the rlght of Lender to be pald the __�����_
<br /> - Inaurance pro�veda pertnining to ths losa ar damape of the Property. In the event Orantor fnlie to aCquirs or malntttin Insurance, Lend�r(sitsr ='-v_________ -
<br /> - � �. provldinp notice as may be requlred by taw)may in Ite dlscretlon pracure appropriate Inaurence oowrage upon thm Ptop�rty and the Inourancs cost p:�
<br /> � shnll be an ndvance payable and bearinp Interest as deacribed In Pnregrnph 23 nnd secured hereby. tirnntar shnit lurnlsh Lender with evidence of �;.r.:_ � .. .n"
<br /> � .; Insurencs Indicating the roquired coverape. Lender may aet es attomey-imiaat tor Grentor In making and eett11n0 clnima under inaurancs poilcies, M'"; .
<br /> cencellfn�nny pollcy or endorslnp Grnntor'e�ame on eny draR or nepotiabl�7natrument dra�vrt by nny Inamer A11 suoh Inaurence polioies ehnll bo ;�"A�""��„:�_.
<br /> • Immedlately assipned,pledped and delivered to Lender ns further securiry for the Obllgatlons. In the event of loss,f3rantor shall Immedlataly pive . ,.�., ..•• � ,
<br /> . ' Y � Under written notice nnd Lendsr Is a��thorlted to mnke proof of loss. Each inaurance company le dirooted to make pilrtnenta dlreotly to Lender , s; ;��•,��.� '
<br /> � Inatead of to Lender and Cirentor. Lender shail hav�the rlght,at Ita oole optton,to apply such moniea toward the 9bilgatlona or towtvd the cost of ._.�m; �,�,r°;:;
<br /> - . �f rebulldinp and restoring the Property. My emounts may at Lender's option be applled In 4ho Invorco order of the due deteathereof. �-�`•��•-
<br /> ,:�,�...,,�.
<br /> � 11. ZONING AHD Pp1VATE COYENANTS. Grantor ehali not IniHate or consent to any change In the xoning proylaiona or private covenants aHeoting �•�i{�;..
<br /> ' the use o}the Property without Lenc'er's prlor written consent. H Grentor's usa ot tho ihoporty becomes a nanconforming use under any zoning ' , :.` ' ',r�;i
<br /> provtston,t3rnntur ehnll not cauae or permit such use to bn dlscontinued or abandoned without the prior wriuen consent of Lender. Qrantor wlil ••"}�,
<br /> - �_ t : Immedlately provido Lender with written natice ot nny proposed chanpea to the:oninp provlalons or private covennnta nNecting the Property. `�• .
<br /> ' � 1Z CONDEMNA�tON. (3rentor ahall Immedlately provide Lender with written notice of any aotual or threatened condemnatlon or eminent domaln %��
<br /> - - - '- _ mm�•dlna nertnlnino to the Properiv. All monles payable to Grantor trom such condemnetion or takln�aro hsvreby assiyned to Lender end shnll be
<br /> _.__.,-___-_-_-.-- • -' - ' -•`-' --� t J..1 m.l I�d In rnnnaetlen with ih!
<br /> � applied firat to the payment of Lender's attomeys' tees, iegai expenses anu �u�Q� �+�.� v�����.. —r�•---- •---� ••• -- - - - `
<br /> condemnetlon or eminent domcln proceedinga nnd tAen,at the optlon of Lender,to the payment of the 0 Ilgatlons or the restoratlon or repalr of the
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<br /> Property.
<br /> 13. LENOER'S RI�HT TO COMMENCE OR OEFEND LE�AL ACTtnNS. (irantor shall Immediately provldo Lender with wrinen notice of eny notusl
<br /> or threatened actlon,suit,or other proceeding aNeating the Property. Orantor hereby eppolnts Lender ea tts attorney�ln-fact to commonco,Intervone •
<br /> � In,nnd detend suoh aatlons,sulte,or other Iegai proceedinga and to compromise or settle nny clelm or controversy pertaining thereto. Londer ohnll
<br /> not be Ilnble to Grantor tor any actlon, error,mletake, omlaslon or delay pertelning to the aotfon3 deacrlbed In thls pnragreph or any damages
<br /> " resulting therelrom. Nothing contalncd horeln wiil prevent Londer trom taking the actfons described In t�ls paragraph In its own nnme.
<br /> 74. INDHNINIFICATION. Lender ehnll not assume or be responslble tor the peAormunce ot nny of Grantor's obllgatlona with reapect to tho Property
<br /> under any circurnstanCes. arantor shall Imme�iately provide Lender wlth written notice o�and Indemnliy and hold Lendor and Its sh¢reholdora,
<br /> • dlrectare,officore, employees and apents hsrmless trom all cielms,damngea,Ilabilitles pncluding uttornoy8'teo3 and legal oxpenses),cnuaes of
<br /> actlon,aatlona,aulte and other legal procoedinga(cumulatively'Clalms')pertalning to the Property pncluding,but not Iimlted to,those Invalving
<br /> Hazardoua Materlals). Grantor,upon tho roquest ot Lender,ahall hire Iupnl counsel to detend Lender trum such Clalms,end pay tho nttorneys'teea,
<br /> Iegai expensea and other coats Incurted In conneotlon therewith. In the elternative,Lender ohsll be entitlod to omploy Its own legal C4unae!to detond •
<br /> such C�alme at Orantor's cost. (�rnntor'a obllgdtion to Indemnity Londer undor thle peragraph shall aurvfve the terminatlon, release or foreclosure of „
<br /> thla Deed of Trust.
<br /> j . LFNE9f 1B h FormAllon Technologies,�na(0/20/435) I8001�7•]709 Pege 20f 0_.. -- - '" ..
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