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<br /> � 1.►AY�NT OF�IMi¢�IU.1uiD INTEI�T.Trustbr sNW V�P�A►P�Y�n Cw ih�prineipai d�d ira�r�it on Ut�k�d�bMdrNw�+ddmad b!f _
<br /> - ih�tiob.�Y+O N otha cMry�s and iws as OroviQeA in ttk No�.ar�d M�pdncipal of aad i�NrMt on�ell Fun+r�Advane�sta�s�d bfl tAia Ttutl OMd.
<br /> ` . �.wAI�IANLY'Q�?ITlE.TrustOr is IavduB116etze0 and pos�ss�d ot OoaO rnd inddN�ibi�fiAN andaWb to tf�P►ap�h trr�bf►Ca►nlf�d�nd
<br /> ,. h�stlt�ri�tta9�►t+nd con+�►����Y:��aP�Y Istree and ct�ar o!a1lli�eq�nd e+a�mCcaeo��ll�n taw d neoc��nd Trwlor w1 _
<br /> Mtradf a�14��0 tM Ydts to the PrapertY a�nst aN et�ims and dwnands. . _ � ' :
<br /> S.�YAMfi@IANCEAlOi�01MLIANCEwlilii.A�S.Tn�arsh�ItfcN4tAeH'ap�ryt+n+D��W�andca�ilianandsfWooleanmitw�Mtapir�k � .
<br /> • Nnp�fnornt or d�lKior�tion of the Properry and sha9 comP�Y wiUt ths Vrovislons af anY Naa�if tWS TnrW aNd isan a(�MM�otd.Na improwrnrt�t now�
<br /> or n��w+r«.cl�a won�ne Fropeny sh�N bs�Iterea.renav.a ar aemoY'�hea win,out me plor wrAMn eawrua e«�fc1�yCTn,aor w/aa�nvhr NiM�
<br /> �hw�.a�wrcw.n�uta�ons.eav�nant.s.cond�ions and restrletio�aMechny 11+�Pt�h and not cortn�it.wAlrr or 0���lt.ar�t�b Oon�iR or
<br /> _ upan a�a►cv.nr r�Yro�au�a a�y raw.aananca.�aua+.cownar�candtion a�atrictaR.Truqor�Y campMM at rawot�peoenplhf�h yood.
<br /> .ahoeoiik.mwNranr+maoiromerrtaen�ePrapertyrwhknmareseam�gsaor4�oYdsMwlr.wNn+du.araYna�rw�ar'p�fa�aram.wt�
<br /> furnillMd thNNor�nd io►anY alterations thereot - .
<br /> - —_..4. .atitsiea�pens¢Rillmsimainwithms�mrsaPProvsdbYBsnarr�arft.U►swancaWithr�P!�tLDtft�fmprqvimM►ts�00K�1� , _
<br /> - ` p,hpir(y�oor,M,r,�;,,yawP►ap�tY.a9airea+Idsoyrire,ligiwY�+y.t�,�oo.araatN�v«itsane�+aardsooY.reab�r•�aew�re:e�Mnd.doow►.p.+!Wo�wnr�+.
<br />- kt�rt ltndmt�quM to at twst ane hutbred P��t(tOb44I of tt�s full replacart�u vilu�11fer�cA and insutxlu apahA aech oU1M hwr0s M�d In wdl
<br />� amou�b a is euswmuity carrled oY owners and operatora of similar properties or aa 8�rbfici�en�Y►�qWt�for ib qa�tioer.Truefor w�l aomply wilA
<br />-A� . suchan.rr.var�n�saseener�rma�rr�ntimeronm.r.�uaaraa�e�a.cnongr�nswanc.au,s:�r.asam.n�c�swrw.�M�w.�nc+
<br />_-- - pali�i�s m�nl�iyd pursuant to this Tn,st Deed shalt rtameTrostor anA BeneflciaiY as irtsu�ad.at iheir tespectivs inbrwts mf!►�PP��.and porid�tMr!
<br /> tl�nb�io pr�ftion a mod"ficatlan witlwutadleast t5daysP�wrirtterlf�odflcadan toTtutbeand6a�efrJrfl�YP���t�rano!h�000id��
<br /> -- v�ith tlw proN�iwis ot parayrapl�6 t�ereot.Tnistor slrau ae�ives m Benefi�a�!►ths c�19�rL1 Pdicias d inwanos and n��R tMnof a nwno coppr of
<br /> -- iud�PoMcirs anA��neM(�thereof.Failura to turrtish such insurance by Tnuta.,or ren�wals as roqiYred her«x�th�11.a�a�apua�ct e�r.
<br /> oo�Mip�s a eMault. . _ �
<br /> �-.; 5.TIIXeB.A�MElITS ANO ClIAEiGE�7n�stor shaN Paf►a�l taxe�.assessmeMS and dMr cha�qas.includirg.withaA irnifMion��tand Impo�Wans .
<br /> 'attriDuabbWthsR'aps�tYandleaseholdpayrt:entsagraundreMS.itat►y.beforethssamsbeCOrtade�LTtuilorahaMDran�OtlYhxrMM�bbin�rY
<br /> - aNnohc�sot�nwuntsMwwiQu thisParagraP�.etldiotheeventTrostorshall makapaymentdlrectly.TrustashaH P�omqlyfimifhtoB�tiCl�ry ncdpb
<br /> �videneing sud�payments.Trusta sha0 pay att taxes anA assessments wh:cA may be levled upon 8eneficiary's intera�t f��in a upon thi�Tlwt DMO � . �
<br /> , wilNoy{resard to any taw that may be enacted imposing payment of ihe whob a any put thereof upon ths 6�nS1�ixY•
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<br /> .• ,f &AODITiONAE UENS AHD PiidTECiION OF BENEFlCtARY'S SECUEiITY.Trustor ahall maks al paymsnts o1lnt�t and prNreipM an0 P�M� �
<br /> uf any othet chu�a�,tees and expenses cant►acted to be pale to any exis6ng ar subsequent lienhotder a bsnrficiary.urM�r anY ahdlnp ar wb�quw�t .
<br />- maA�ppr trust Aead betae the date thay are 6elinquenl cr in default,and pramptty pay and dischergs any an4 aIl othsr li�ns,cWms or cA1rpM 1NAcb
<br /> ee►ay j�oplydizs the securit�s�g'7ted herein.II TrusWr�aits to make any such payment or taits ta 9erfam anY ot ths co�nants�d apr��� •
<br /> � inthfs Ttust Osed.a tha.he�^�~eterred to h�rein,or in arry prlor a subseQoent Vust deed.ar�'any►action a proeesdi�g b�anrr�w�e�0 wt�ieb mMN�i*y
<br /> � � a}I�cts 9e�w�ary•a intCesr.�iha Property.inctuding,but nat limitedto,eminent Aomain prcceadiags,ptoceedings involving=deced�n�notk�d�aN
<br /> . . byTruWee,ne+.ix'ctdefeaE�Trustee.mortgagetoreclasureaction.affTtustorfaiuWpayTnistar'sdebtsqenetaNYastMY6ar.�ortledw.tl�i9�Y. . ,
<br /> • � atB�RciarY'sopfionartdwithartraGeetoor�duponT�andwithoutreteasin9Tnistorhomanll����•�flmfkssuCh�ppMai�w.
<br /> is
<br /> di�rts aucA aums and tatce Such actlon as�s necessary to proted Beneficlary's interesi.inctudtng,hut rat Iknited to di�Mrsement d rwia�abb allotrNJh
<br /> �.;.. fey,ppyment,pur�chasa,tnn':9st a compromise ot any encumbrance.Charge or lien,entry upon the P�'operty to make repa:�s,ot decl�ratia�W dNaall
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<br /> . :, undathisTrust Oeed.tn tfte event that Trustar shall fail to procure insurance or to pay taxes.assessments.o►anF other ci�arge�s w to make airy payrnmts
<br /> • ., r,, to any sxfsting ar subsequenl lienhotders or existing or subsequent beneficiaries,BeneHciary may procura sucA inaurance�make euch piymmt,but
<br /> �, ehaN not be obtigated to do so.Any amourtts d�sbursed by Beneficiary pursuant to this Paragraph 8 shall bacane additianal indebtedneas of Trusta ascurad --
<br /> . � by this Trust Oeesf.Such a�ounts shall be payabte upon not�ce hom 8eneficiary to Trustor requesting payment theteof,and shall bear ir►2aresf from the
<br /> dateotdisbur5tt"ent2t:tieratepayab(efromtimetotimeonoutstandingprirt��underlheNoteuntesspaymentofintxestatsuehtatswoutOCscanvery _
<br /> '�� toapplkablstaw.inwhicheu�ntsuchamountsshatl6earinterestatthehighestratspermissibleunderapplicablslaw.NOth�gwrrtalnedinthi�ParaQraph __
<br /> � 8 eh�Il teqWro Beneflciary ta incur any expense or take any actian hereunQer. --_
<br /> 6 I '�+�- -
<br /> ° 7,ASSI�MiIENTOFqENTS.BenefiCiaryshallhavethenghl,poweranGa�1hontyduringlheeontinuanCeofthisTrustDeeQtoeolleettherents,iswss '..r��_-,
<br /> � arb proTRS ot tne Property an0 ot any personal property tocated mereon wc�r or withaut taking possession oe the property aNecteO hereby,end Trusta► �4j-:
<br /> �� ','-� hereby absolutely and unconditionatty ass�gru all such rents,issues and profits to Beneticiary.Beneficiary.c��xever,hereby wnsenU to ths Ttu�ta's ,;,�.
<br /> collection and retention ol such rents.issues anA prot�ts as they accrue and became payabte so long as Trustar is not,at sueh tims.In detault wfth re�p�ct ��,'
<br /> � te payment of apy indebtedness secured hereby,ar In the pertocmance ot any agreement here�rCer.Upon any such defau�t,Beneflciary may at any Ums. -
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<br /> .NttKr in psrson,by agent,a by a receiver[o be appoinced Dy a couA,without notice and witho42�rd to the adequacy o1 any security fa the indebtednes8
<br /> 'ftareby aecured.(a)enter upon and take possession pt the Property o►any part thereoi,and in rts own name sue for or otherwlse Collect wch rrntl,islues ''°°;;_
<br /> �' anGprofits.inctudingthosepasldueandunpaid,andapp�ythesame,lesseostsandexpensesotoperatlonandcollectfon,includingrsa�anabtsattorney's
<br /> � i. ��j (e�s,upaR a^y inAebtedness secured hereby,and In such orQe�as Beneficiary may determine;(b)perform such acts ot repeir a prolsCHon is m�y b� ..
<br /> , . n�c�ssar�tsproper to conserve the vatue ot Ihe Property;(c�tease tfie same o►any paR thereof for such rental,term,and upon auch conditions as ib
<br /> a�: i,+Apment cay dietate.or terminate or adjust the terms anC co^����ons otexistmg leases.UnlessTrustor and Beneficiary thereof agree otherwl�e In wrlUng, ,
<br /> ' ' any application of rents,issues or probts to any indebtedness��..;,red nereby shalt not extend or postpone the Cue date of the Installment payments as
<br /> �._�•c�:,'+...:• • '
<br /> • � ,,..,.,- provlded in said proml55ory�cte or Change the amouM of such�nstallments The entenng upon and taking possesslon ot the Pioperry,the collecHOn
<br /> �;K- • t'� of such ronts,issuas and prof�ts.and the appticatwn thereo!as aforesaid,sti�l�not waive o�cure any detault or notice of deiault hbreunder a invaudate
<br /> �:•r'�;*,°�.;;__'• . any aCt done pursuant to such notice.T�ustor also ass�gns to Beneficiary.as:urlher secunty tor the pertormance ot the obhgations secured hereby,atl
<br />. .;,:;a�c7�j:qh,: ,d•;r-�, � .
<br /> ��t��r�.. prepafd rents and all monies which may have been or may hereafter be deposded w�th s3�d t�ustor by any te�ze ot the Property.ta secure the payment
<br /> .,�i�2"-_;. of any ront ar damages.or upon delault in the pertarmance o!anp ot the provis�ons hereol,trustot agrees to d0bver sucb rent9 and dBpoSits to Beneficlery. •
<br /> .'°r�:',r .
<br /> -�$~,�,'� :.�,, Deltvery of written nodce of Banefic�ary's oxerase ot the nghts granted he�ein,to any tenant occupying ea�d premises shall be SuNie�ent to requlro�ald r
<br /> �s-•�•��-'`� • , � ten8nl to pay tent to th0 Bene}iciary unlA further notice.
<br /> � • •f y�,;r.�r...,;:' P y 99. Y 9 .
<br /> {��,=�f; 8.CaNaEMNATION.Il ld�e to any part u11ho f'ro or� sfiatl bo taken�n condemnahon proceed�n b ri fit of eminent domaln or simdar eetion,or (
<br /> ' :,�•� .:;.�. '' ahall be eotd uttQet threat uf condomnahon,uu awards.damages and pioceeds are hereby assigned and sfiall be pa�d to BenetiClary vrho 8ha11 apply i
<br /> �`;�'`a" �j`� sueh awerQs.C3�z�';,�>and pr�Ceods to th�sum secured by this trust Oeetl,w4h 1he axcess,if any,pa�d to Trustor.If Trusto�reeeives eny notiCe or �'
<br /> , �,��'�::i:-<';.::
<br /> . - other intamation regarding such acl�uns or pracebdings,Trustor sha11 g�ve prompt wntten noNCe thereol to 8e�ef�c�ary.Benefielery shafl be entiUeO,et �.
<br /> � �` " ' it9 option,to Commence,appea►m and prosecuto�n�ts own name any such acdon or praceeAmgsand shatt beentrtled to make arry compromrsea senfement
<br /> •� . y�:•'-+%-':: '�+ i�connectbn with any such acbon or proceedmgs . � '
<br /> .r.s,_.'.,•._. .. .
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<br /> -� r 4� � 9..FUfUHE A�VANCES.Upon request o}?rustor,BunoliCiary at genehcia►y's option,prwr to recorneyanCe of the Property b Trustor.may make
<br /> � ' �'"' futuro adva�ces to Trustor.Such tutWO advances.with,ntarest therean.thnu hn sacu�ed hy thi�T�u51 t)eed when eWdenee0 by pramissary note�sleting f
<br /> . _ ..r:i
<br /> ,- - Shat S3id tlotOS ete SBCUred hereLy.prowded that ut no t�mu°.h;�n the secured pnncipal antl lutwa advances.not mclud�ng sums advanCed t0 protect �
<br /> • . ' the secunty,exceed two hundr�d perc�nt�200'�01 u}the!ongmal prmtipa�t�m6unts sCCWUd hereby. ' .
<br /> . � • - 10 REIIEDIEgN07 E%CWSWE.T�uSttw anti fiennficNty.�ntf e�c"n o�th�m,snall bv unbGed to entorcn paymem an0 porfarmanco of arry indebtedriess � �
<br /> '.. a ohllgatiprt9 setured hereby and to o�uic�se au r�yhts auU�owars w�dor tn�s trusl pa�d or under any othet agreemonf executed m conrteetion nerewrtb �
<br /> � . 0►eny law9 now or hereaifef ih(artd.nutw�thstand�n��Same or all of tha such inAabtednes9 nnp obl�qahon9 sBCUred heraby may ndw Or hereaRer be j
<br /> � . � olherwi59 Setured.+vhethe�tly martgagv.trust dved.ptadg�r.i��n.�ss�qnnient or utherw�se Ne�fh�r�he acceptance nf th�s Trust�eeQ nar�ts enforeement !.
<br /> � � ? . ' wdether Ey cowt 8ctlon or putsuant tothe power of sat�or utne�powe�s he�am Wntained.sha11 preiud�ca oi m any manner affect Trustee's or 8ene}tciary's !
<br /> .--_----_ ---.- --� tighi to�eahzaupo:sos on►asce uny�e�seKUt,tys!Qw or.harnattor t,etA hy Teustee oe geneGe�aty.�t 6eing atueed that Trustee and Beneticwry.and each __
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