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<br /> � �i,(lG:;ti i=110 No. �3%
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<br /> S�tio� 1.17. The.Trusl�shall not further encumber the Mortg,aged
<br /> f'rapertyur any portion thereof pn�ludin�,withaut Nmitatlan, secured 6ransactians under the UCC:1
<br /> w(thaut the pri4r writtc►�cansent of�pneficiary,
<br /> Sectlan 1,18. . This Deed of Trust applies Qb, inures to the benefit of
<br /> and binds all parties heYetcy,their heirs, legatees,devisees,administrators,executas,sur.cessors and
<br /> assigns. The covenants and a�rpements af 7rustcx canWined h�r�in shall applv to ar�d I�binding upat
<br /> any s��ccPS��or ownpr nf thP Matgaged Wroperly or any part thereof.
<br /> Sectinn 1.19. �tj�. Beneficiary�, or its agents, representatives or workmen, arP
<br /> authorized to enter at any reasonable time upon or in any� pan of the Mortgaged Prop�ertp for the
<br /> purpose of inspecting the same and all books,records and documents relating thereto, and fnr the
<br /> purpose of pefforming any oE the acts it is auti�orized to perfcxm under the terms nf any�f the Loan
<br /> . Uacuments.
<br /> Sectiat 1.20. 1�l. 7rus!or shall pa;�and promptly discharge,at Trustor's.cost and expense,
<br /> all li�ns, en�uenbrar�cQS and charges upon the Moregaged Properry, or.any part thereof ar interest
<br /> the�ein. Tnistar shall have�e right to cantest irr��eood faith the validity af any such lien,encumbr;�nee
<br /> or ch�rge,proyided Trusror shall first dep�s(t vyitn Beneficiary a bond cx other Security satisfactt�r�to
<br /> Beneficiary in such amounn as Beneiiciary shall require I�ut not mors than 150%of the amount of the
<br /> claim plr�c�osts(including attomeys'fees)anc}interest and provicied funther that?n�shall thene�after
<br /> d'+ligently proc�eed ta caus�e such lien,enc:umkns�,;;.�g or charge to he remove�and discharged. If Trustor
<br /> shall fai!so ta discharge any such lien,encurr�tr.�nce or charge,then, iR ad�iition to any other right or
<br /> �, remedy of Ben�fir.iary�Bert�ciary may,but shall not be obligated to,discharge ihe same,either,by
<br /> '.' payirrg'4he amount claimed to be due,cx t�pnocuiing the dis+cfiarge�f such tien,eitimer,»y de�ositing`
<br />.,.,:;+;��• ;,;,,in c�ourt�a bo�d in the�.�nt ctaim�ed or dto�;+vise giving security forsueh claim,or in such manner
<br /> ;%� .• �',�;:�::as is or rnay be presu���li�d by law. Any ce�st,"�lilcr�rred by�R�neficiary in c:onnection witt►any:Mu+ch
<br />'`�" �' ';:�ayment cx discharg��lial!be secured here4r�i'and shall be immediately due and payable w�4�:b�tot
<br /> �;`,�, `�``�� :`notice or�d�mand. ,
<br /> .'};`''.: ; I -. ;....; .'t - . .
<br /> . ,,:.., Section 1.21. ��trectia�s �Hcc�imd,r��'i,�. 7rustbr shail p�Tfocm when dur all Secur�! ,',
<br /> � ��'���ObJigations required to b�pertom�ed by 7a�'S�ir;4�y the prc�visions of�t��j.�ig�eement affecting tiile to ,.
<br /> �. the M�prtga�ed Pnoperty. .. � �;; • ,,
<br /> - .���� :.i">�<�
<br /> Section 'f.22. fjd6�LA1v11t�MC�t. 7rustor shall take all action a�nd do all;tl,rFngs wh�ch it is ;1,;:;>�:;`;':;:;�
<br /> auNxxized law to take arKi cb,and c ary as 6eneficia de�ms necessa ar :� ;:
<br /> by ooper�te with Ben�ci ry ry
<br /> desirabk,ta insu�d�e rekxs�e nf alI er�cumbrances ag,a�nst the Mo�ec!Pr�o�ty,except Pesrmitted
<br /> � Ereeumh��c�s,existing priar tc�t!�date hereof. , . �<�?,
<br /> - ,,:. • . .:. ..,.. ;,.. � .�`'??,,
<br /> So'long�s any Secured tJ1i�4i�ation shati nemain uXr}i�jd,Trustor shalf execute,ac�u�awledge, '`t'�''
<br /> where apprc�xi�e, and deliver fnom.time to time promptly at the rp;qj:,+est of Btnef�ciauy all such •
<br /> instruments u�d�ocuments aa in the opinion of 8eneficiary are necessaFji'iCir desitabte to preswve th�
<br /> _ � firsc priority Ifen crea�ced by chis��ed of rrust.
<br /> ,� .
<br /> Scction 1.23. Tnn�tor shall fait'�fully pe�form af'�i�l times any and ,
<br /> , ,���,�.all coven.��ts, uns�ertaki�gs,stipulations and provisiuns conqined in���Loa�Documents an4l,�m all
<br /> of its proc�eedi�gs pertaining ro this Ue�d of Trust. �+ . . '
<br />- . .,!�
<br /> s` .. S�t F�rsot Q�faY1LU� L�nA'Dn�c�• a8r�'s fy �;�;` ..
<br /> ion I.Z4. No Qf Tnistar ta. noti
<br /> _ . Seneticiary immed�a�fre��t in writing of arsy ckfatalt by Trustor in the pe�anmance or oknervanee 'o�I,r'�ny �
<br /> c�vcnant,� �`�e}wresentation,waRancr��r ofilig,ation of Trustor�i fath in this Deed c�t�Ltist.
<br /> . Trustor sh�ill a�1�Y1y B�nefiei�r�t.in wn iting c�f any svent or conditiort wfiir.h with tfie lapse of t`me �
<br /> � or the gt�cr,�g of notice wauld c�+►�{�t;stut�an Event of Oefault. �
<br /> ;. �};: • �
<br /> � Sectiun t.Z:s:;.'B,Y(zS,��tinm Ewviren,nent� l�ws. Trustor represents, warrarots and
<br /> , covenan�: • � �
<br /> �
<br /> � (i) that th�!u'�."ation,construction,oecupancy,ry�eration and u�•e af the�kortgaged �
<br /> Property do nat viotate any applicable Oavv, statute, orclirsanc�, rule, regulation, order ar
<br /> determMatian of any governmental authoriry or any bo,ard of fire underwrite�s tor other k�ody
<br /> ex�rcising similar functions), or any restrinive covenant or deed re�trictian (record or
<br /> otherwise:) affecting the Mortgaged� Pro�ty, including, without lirs�itation, atl applir.able
<br /> zcx�ing orclinances and building codes,flood disasier faws anci health a�d environmentat laws
<br /> ' and r�gulations(hereinafter sometimes collective�y called Applicable F�egul�tions");
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