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' —_". a��- ._- . . . _ <br /> 'r.��.�:�.�...__ -,.. ..__ ... ---- -----� -- ----�-- ---.. <br /> � G.Y79fi f Flle�No. di3A <br /> ��"� ��'a��.� ..�..�.. <br /> (� {f requesied�y Beneficiary,T►ustar shall cause to I�e furnfshe+d to Bene6lelary�, <br /> at Trustor's Pxp+ense,a tax reporting service covering the Mortgaged Property of the ryp <br /> duration and wfth a cnmpany satisfactary to Beneficiary. <br /> Section 1.1�. y�Ijfti�es. �'rustor shall pay when due all utillty cliarges whfch are incur�ed for <br /> the beneflt of the Mortgaged Property or which may become a charge or Ilen against the Mortgage�! <br /> property for gas,elQctriciry,wate�r or sewer services fumishe�d to the Mortgaged Property and all other <br /> assessments ur cha�es of a�imilar natu�e,whether�ublir..or pnvate,aff�cting the Mortgaged Praperly <br /> or any portion thereaf,wh�ether or not such taxes,assessments or charges arP liens thereon. <br /> Sec:tion 1.1?.. �t.!l,ffe�Al�.flA�ait�!-P.��?• Yrustor shaH appear in and contest any <br /> a�tion or proce�dirog purpcirting t�affect the Ntle of Trustor in the Morigaged Property or�eGUrity <br /> hereof or the�ights ar powers of Beneficiary orr l,rustee;and Trustor s4wall�ay all costs and exp�:�ses, <br /> includinE crnt of evidence of title and attomeys' fees, in any such a�r.eion or prxeeding in wrhich <br /> Ber.e��%a��r Tr��steca may appear. ___. <br /> Se,�tian 1.13. . Sixwld <br /> Trustor fa+i to make�ay payment or to do any act as and'ert the manner provided in this Deed of lfrust, <br /> Deneficiary,in its snle discretion,without oblig,ation to do so and withotit nottce to or demand upon <br /> Trustor as�w�thout releasing Tn�sY�from any Secur�d Obtig,ation,may make or do the same in such <br /> manner and to �ucn extent as B�en$ficiary may deem neczssary to protect the security h�reof. tn <br /> c:onnection therew+t�(without limiting its general powers),Beneficiary shall have and is herPby giver� <br /> the right,but not tl�e obtig,ation:(i)to enter upon and take possession of the Mortgaged ProNerty;(ii) <br /> to direct T�ustor to terminate any management agent and to ernploy such management agent as <br /> Benefir�arv may deterrnine in its sole discretion; (iii) to make adc��tions, alterations, repairs and <br /> �._ _ <br /> improv�rnents to the M>>rtgaged Propsrty wF�ich it may ton�icier necessary or pri,�►i���� � <br /> Mortgaged f'ropeny in good condition ar�d repair, (iv) to appear ar��l�arti�ipate in any action or <br /> praceeding affecting a�r which may affect the s+ecurity hereof or the ri$?�ts or powers of Beneficiary or <br /> Trustee�(v)ta pay,purchase,contest cx campromise any encumbrance,cla+rn,c#iarge,lien or debt <br /> :� whi�h in the judgment of Benefrciary may aff�ct ar appears to affect the securi!y m�2his Deed of Trust <br /> • or bepric►r or superior ft�reto;and(vi)in exe�fsing such powers,to pay necessary?�r{�enses,inc�u+��n8 <br /> employ�nt of cou�se!or other nece�sary+pt iiesirabfe cansultants. Trustor sha8 immed'+a'��'�y upon <br />_ ue.,rxir�;��iu+ciaw ur vG���r:.«::r►^'•'i����`-r�-'•`�°xnanses incuRed by Beneficiary in Gonn�,il�A�n with <br /> the exe~cise by B�neficiary of the foregoin$rights,ir�duding withoui limitat9on�.�t��f evi+��nce of <br /> 4itle,cia��n eosis,appraisals,surveys and attorrteys'fees. <br /> Sec.tion 1.14. ����of Warran�i�s_. Trustor shall fully and faithfully satisly and perfornn the <br /> Secured Ot�lig,ations. All representations,warranties and covenants of Trustor contained hereir�shall <br /> remain�ontinuing oblig,ations,warranties and representations of Trustor durir�g�3ny time wh�n any <br /> poi#��;��f the Secured C3blig,ati�ns remain outstanding. <br /> .;'�:: '. � ::.'� Section 1.1��. E[piptilt�D'liin. SF�eild the Mortg,aged Property,or any part thereof��interest <br /> thereira;ka�e taker�or damaged by reason af any public im,qrovem�nt or condemnation proceedin&or <br /> . in �say.a'tfier manner("Condemnation"), or shoutd?f;n.t:��r receive any na�tice or other inftxmation <br /> reg��ling such prc,ceeding,Tru�tor shall give prompt v►yri��+t notice there�to Beneficiary. Beneficiary <br /> , may participate in any such Condemnation proceedings,and Trusr•�r shal!from time to time deliver <br /> , to B��,et�ciary all instruments requested by Beneflciary to permit such participa4ion. Trustor shall,at <br /> its �a,�+F:nse, diiigere4ly pro5ecute any such proceedings and shall consult with Beneficiary and its <br /> atta!'ri'sys and experts,and cooperat�with them in the carrying on or defense v+f�nay such proceedings• <br /> qll proceeds of Condemnation awar�ds or prtaceed5 of sale in(ieu of Condemnatfion with respect to the <br /> Morigaged Property and all judgments,ck.-�r.�'�2s and awards for irnj�ury or damage to the Mortgaged <br /> Piti�ty or any part thereof or interest d�erein shall be paid to Beneficiary and shall be agpS��rl first to <br /> al!cos��`s and expenses incuRed by Beneficiary in obt�i�v�,e�g the proceeds. Provided no Event of Default <br /> has ac�u�red hereunder and no event has occur�rt�u��l��r�,with the passage of time or the giving of <br /> notice, ar both,would constitute an Eventi of Defauit,the bal�r�..�:of the proceeds,if any,shall be <br /> ap�lied at the option of Beneficiary(i?toward alte�ing,restoring c'�a�a��cii�ilding the Mort�yaged ProPerty, <br /> -., --.�______� _.::�.......,�.�..,,,��,.,..�t <br /> or such riortion thereof that may have ioeen aiier�.�.i,uama$ea o+.�,*��.,�^ ��•,aaF^•�°�...°----.--- <br /> hereby in such order as Bei�eficiary may in its absnlute discr�tion elect. If Benefici�ry ele�cts not to <br /> apply all of the Condemnatia��proc�.'eds for the restoration or r�pair of the Mcxtg,aged Property,Trustor <br /> shai! no4 be required to r�air ar restore that portion of the Mortgaged Property aff�cted by _ <br /> BenE�idary's electicxi an�l the failure to do so shall not constitute a breach by Trustor of its obligation <br /> to maintain the Mortgaged Property set forth in 5ectibn 1.04 hereof. <br /> T�ustc�r hereby assigns and transfers ta Beneficiary� and agrees to execute such further <br /> ass+gnments of, all such proceeds, judgments, decrees and awards as Beneficiary may request. <br /> Beneficiary is hereby autharized,in the name of Trustor,to execute and deliver valid acquittances for, <br /> 8 <br /> _ <br />