|
, _ ,y;":l; '--'t
<br /> nxatirr . . ,, ..
<br /> ...—.._—_—�� '_. .__._. .. _ __
<br /> 7:
<br /> ,.._.. .. . _... - _ . :1�i+'t{ta�
<br /> � � ;1 .. . . ' . .'; .. _.q1'_.....3�'"
<br /> .. ;�s�Y . � r'r � ��� � .. . .. ��� ;r�e . . „ , '
<br /> ;,•',��..A �`3!�:
<br /> . :.,:,..�.,r..�'.. � , ..., .-... .. •.. . . . . :, . ,. . ,. --:_
<br /> . ._ _ " '" ���!_'rr. ... ' .. .. ... . . . . P{.�.rt..uY»�:n�.''�..Y......
<br /> S �.Q�..i::ti__
<br /> . 1•' ' 'Y_.�v7�tY�..
<br /> 1' . —.__—__
<br /> ' {� . .. .. ��_ij���—
<br /> .
<br /> (c) AI'npplirnbls lavs and rogulatlona,Induding,without Ilmitutlon,iho Amarlcans wllh Dlaabllitloa Acl,d2 U.9.C. Soctlon 121Q1 ot aaq. (qnd sli , .
<br /> — � _:j � rc�uimiorro iru���,�ata.:����a::��..-:;�"��!::=•"•!•"•o�'•'!�"'!!�'�S!nw,n�r1 ra�dat(ons raiatino to Iho Propariy by virtuo of nny lodoral,stntn ot munlrq�nl __ _ _ _
<br /> 1 � nuthoriry��dih�uilectictlon ovor Iho Ptopehy,prosemly aro nnd ehrll bo obsorved nnd eonpllod wlth In nil rr�ate�lnl ro�ryactu,ond au n�{hin,i:nnnoan, �
<br /> Iporn�lle,ond cartillcatoe ol occupancy pncluding Uut nol Iimiicd to tonlnp v�rlar�coa,cpcdN oxccptlons(or nnnwnlorn�lnp ucao,nnd finni Innn�r,tlun �I .
<br /> , o p�o v a l e►, w h e t h or to m p ora ry ar p�+nnanont,whlch oro itntorl�l Io Iho ueo nnd occuµ�ncy ol Iho Propr�rly, prosonlly nro nnd elin�l bo ohlnlnod, �
<br /> � ; prs��rved end,wh�re nccaear,ry,rn����; Q� �'�
<br /> (d) (�rnninr hna Ihe rlghl nnd I�d��ly oW hor it�d to oxocu ta nn d pe r l a m I f e O b t i g a t l o n�u n d o r t h i e O o o d o t T n i fl t o n d those ncllona do not nnQ�hnll noi 1
<br /> � conlllcl with Ih�provl�lono of ony atatulo,rug�dnt:on,orriinnnco,ruie ot lew,oontrnct or othor nprQamont whlch n��y bn bindlnp en�mnlor n1 any timo;
<br /> � (�) Na nctlon ar proceeding I�or�hdl t�ptnding or ihnnt�tMd whkh vnlAht mei�dolly nll�ct Iho Propony,end �
<br /> p) Qmntor hna nol vlotarod nnd ehNl not vlolnto nny otonita,ropalntlon,ordlnnnca,ri�lo of InN,comrnct or mhai agroornom pncludlnp,but nnt Ilrrdind t�. �;1 �, �.
<br /> Ihoas poveming Hemrdous Wletmlalf)whlch m�i�l njalorialty allcct Ihn Prnp�rty�r Lcnd^r'o riqhtn o►Intervet In�ho Proporly p��rcuanl ta thli�Do�td of � i ,
<br /> . r � Trutl. :
<br /> ^ ,,,�Y,��� 3. PRtO!i 06ED8 OF TRU9T. �rantor reproienis end warrc�nt�Ihat Ihoro aro no prlor doade of truet nfiacUng nny parl oi tho Prapsrt►�a�capl no sot lanh ; -•
<br /> � on 3chedule 8 attaGiod lo thie Deod ol Truat,whlch C3rentor egreea ta�ey and perlorm In a tlmoly manner. It thoro nro nny prlar daodu ol tn�et tlion �
<br /> Qrentcr n�reas to pay nll amounte owed,and pertortn nll odigatlone requlred,under euch deeds of trust and the Indebtedness u�:urad tlinrnby and tunhar ,
<br /> h�re naoh n�h o0blllpat onsrto wh�h Le�r wouldtbe ntit�ied in�the Ieven oi�eny oteh�edr detault�. 8nd shall onlitlo Londor to eil rl�hic c�nd rnmedtmn coMnlnod ,
<br /> 4. TRANSFERS OF THE PROP�RTY OR BENEFICIAL INTEREST6 ItJ f3RANTOfIS OR 80AROWER3. In ihe event oi n sals�.cnrnaynnco,leaco, -; _
<br /> coni►acl far deed or iranafer to eny percon of ell or eny parl ot tha real properly desulbed In 3chedulo A,or eny Interest iherul�,or nt nll or ar�y benQOciN ,•.,
<br /> -;i>it`i+,;tr.:
<br /> ' intorest In Bortawer or Grantor(if BoROwer or arentor la not a nalurat rson or porsons but Is e corpomtlon,Ilmited Ilahllfty cortpnn��,pArt(IflfGhlp,INLI,0� ,����
<br /> other legaf entity�.Londer may,at hs opUon de�are the outstandng pr��cipaI bnlance of the ObllAations ptus aanied Interest th;�mnn Immedi7toly dua end ,�-e�,ti,�_�_
<br /> .; peryable. A1 LetldeYs request,�ramor or Borrower,es tho case may bo,shall fumish e ccmpleto staternent setting forih all of ita s1uckhaicierr,,memhore,or _,`_
<br /> i partnere,as approprlate,and iho oxlont ot thelr respective ownorahip Interosis.
<br /> �� .:�i��.��--
<br /> �; � 6. ASSI6NI�IENT OF RENTS. In cansldoratlon of the OWigaiions,which are sewred by thls Oeed oi TrusL Gramor absotu�aly assl�na ta Londor all .,.��_.
<br /> Orantor's estate,riphL titto,InlerosL dalm and domand now ownad or iiereafler acqulred In all existing and future lea�ne al thfl Property(Including r.
<br /> �•• extenslor�s,renewa(s[�nd sub�aa�as�,ali egreer►�ms tor use and oaupancy of the Property(ell such loases and agraertrento whothor v�ritten or oml,eru �� �. __
<br /> n � _
<br /> heroatter roferred to as the'Loases),and allguaranties of lessees'portom�ance under the Leasns,iogeth�r with the frrrna�iate and continu{ng dght to ;_I_
<br /> i_ � collect and recelve all of ihe rents,Incorre,recelpts,revsnues,issues,proRta and other Incort►�ot any naturu now or horpafiflr duo pncludng any I�coma of "� �._�.__
<br /> an y nature cortin g dua dur(ng any redeiTpilon period)undor the Leases or hom or erising out of ths Pro p e r t Y Induclii7D rtBnYnum ranto,addilbnal rents, �—
<br /> peroerrtage ronts,parking or comrrton erea malntenance contributlons,tex and Insurance contribuUcvis,do f t dency r�rtto,I k�u k t a te d damages toliowin fl �;��;_��
<br /> ,„ ;� ,� detauft In eny Lease,ell proceeds paYable under eny policy of insurenoo covedng loss ot ronts resulting hom untpnunlabiliSy quead by dostrucllon or -,y��
<br />; , ;ti,- . damage to the Property, all procoods payable as a resun of a lesseo's cxerdse of an option to purchase the Propariy,all proceeds derived from the �.; :_. "_
<br /> ,�`,,. ,•;:: tomiination os rojectlon of any Lease in a banlwptcy or other InsoNancyp�oceecUng,end ellproceads irom any dghis and c1n(ms a(qny kind which Orantor � °�_��
<br />= may hava ega!nst any lessee under iho Leasas or any occupams o41he P�operty(sll of the ebovo aro horeaftor collecttr�ly rofurtod to as tho'Ronts'). 1'his �, �y
<br /> ���� assl�nmem Is subject to the right,power and author(ry glven to the Londor to collect e�ecte�d,and deosto uhp�o n8h�r000rdinp o1 thdeD�oed of Tr�ustc�wi0s � .�'��
<br /> r eppi,cabte state law;the Ilen aeated by lhis sssignment Is intended to be speciflo,po
<br /> .r�•, proy��ky appli�ble state law as amanded hom time to tlme. As long as there Is no defauit under tho Ob!ig¢.P.cros or thls Deed of Trust,Lendor granis (�: �;1.
<br /> � . Orantor a rEVx.151a Ilcanso to collect ell Hents from the Leases when due and to use such ptoceeds In Grant:rt's buclnpss operatlans. However,Lender
<br /> rtny at any tima requlre Grarrtor to deposit ell Rems Into en aaount malntelnod by Orantor or Lenct�r at l.on:l2r's InstisuCnn. Upon dofauN in ihe paymam ,�
<br /> of,or In the per(om�enco of,any of the Obiigatlons,Lender may et its option teke possession of tho Prt�perty mnd hava,hotd,manngo,lonu�and operate tho �r !
<br /> �. �� property on tem�s and far a porlad ot time that Lender deems propsr. Lender ma�proceed to co!Itxt arr�roa3bra all Rems hom tho proporty,end Lender �
<br /> , Sheil hSVe hlll pawtx to maice ahartitims,ranvvniii�i�s.���r:a�o�ax�r.tc.a��°sc;:�!!�es�Q.^.�!r n�ay dsem nroper. Lender maY ePP�Y�I Renis In
<br /> • lsnders sdo discra�lon to payrront af the Obli�ntiona or ta tho payrront ot tho cost of such aRer�stiom,ronw..tbns,rapairo end ro{�oemor�s end eny �
<br /> expenses inddom to taking and retalning possasalon of tAe Property porlod�ca0y pnd Ihe manapemerd en�Op9181'cm of tho Rroparry. Lender may koep tho s
<br /> Propurty proporiy Insured end may�ischarge eny taxes,charges,dalms,assessmeMS and other Ilens wiYc7�rtrYy aoauo. The expensa and cost ot these
<br /> othw�oos�ts sh�all�me ipaR o41he Ohligatl na�secured bypihis Doad of Tru�st�e�to the prindpal vf tho Oty!i�at"ans. Those amounts,together with
<br /> ti
<br />" 6. LEASES ANO OTHER AGREF.�A�NT9. Orentor shall not take or fali to teka any ection which rtr►y cauia or pomtt tho iwrtdnaUon or tho withhd6ng ot
<br /> ;: +•�. . any payment In conneetion with ony Lease w other egruernent('AgreemerA')Penalning to the Propxtp. In ad.Elicu�,GrtNtor,withoul Lender's prior wdtten
<br /> ,.,., . eonsent.shall not:(e)ca�lect eny monies payable un<ier eny kgreemem more then one rtunth In ckl�r�mo:(G)rt»dity arry Agroemem:(o)ess�g�a ellow a
<br />-'� �ien,securfty Interest or other encumbrance to bo placed upon arxntors rights,tltie and Intomit in ani to arty A�oerr►tn1 or the amoums payable
<br /> ihereunder;ar(d�teminate or eancel eny Ageemant exeept tw the nonpayrnerrt of eny sum or oiF�w��tarlsl broa�by the mhor perty thoroto. If Ornntor
<br /> � ' receives et any t me any wdtten camunieation aasarting e defaufl by Orentor under en A�eermrn or p,up,utYr,�to ttxrtlneto or canoel anY A9recHnxn. ��
<br /> . „ , (3renta shallpromptly forward e copy of euch communlcalion(and eny sub�.,equem communiqtlo�t tn[atfr+�tfi�roto)to Lentie►. All such Agroemarrte e�d ;��
<br />- ' ' the ai►burrts dw to(3rarrtor thereundar are hereby asslg�ed to Lender as additlonal cecur(ty for th�a ONi�srmR ����-
<br />_""r•:•.P. ��
<br /> '����?} 7, CpLLEC710N OF INOEBTEDNESS FROti1 THIRO PARTY. Lender shall be entitled to m1iFf or roaur�G'rmV�to nolity any thlyd party(fnduding,but -
<br /> y':�'' ;° ;. not Iimlted to.lessoes.Iicensees.govemmantal eu�►w►�11es end Insurencecoripanles)to pay l,n:i�r orry ir+:leMadwu ot obligatbn owing to aramor with —
<br /> ;^;�:�.., rospact to lho Propnrty (cumulathrely indebtedness') whether a not a default exlsts unql�a ih:a Oeed ot Trust. C�rontw shNl d:ligentty cdkwN the
<br />-- •�•.�s,.::' �ndebtpdneu owing to G►em�r hom theso thlyd parties untit tho ghdng of such notiftcation. Iri tho errppRrt 4��1 Grtu�trn possesses or rooelvos pouesslon of
<br /> �.' any Insuuments or other remittances with respoct to the Indebtedneu tdiowing the gNing�of such nvtiticatlon or if the fnairumenta or other remiltances
<br /> '•p .. constitute the prepaymerrl of any Indebtedneu or the payment of any insurenoo or condermaL'o�Pct►ccr�ds.Crtrrtu shall hold wc'h instrumonts and othar —
<br />- remittar�ces tn trust�or Lender epart trom ka other propc�rry,ondorse tho instruments end o:hor rorrttt.nr+:os to l,9nrder,and frtrr►�atefy provlde Lcndor wfth _.�__
<br />= " possesslan of the insTrumonta and other romittanoes. Lender shall be entitlod,but not roqulrod,to oofktci(b�fe�ysd pnooeac6n8s or otherwise),exlend the __ _ _�
<br />'',µ- g tirr�for paytrinnt,carpromise,exchanga or release any obligor or cdiateral,or othetwfse eeri:o arry of sh�In:1elrtodness whelher or not an evont of dotault
<br /> �_.�;._ � mx i a lsu n d er i h is AQ a e m e m. l�n d 9sun a l l n o�Il�etoN t�w'�hstandng�hen�foregoingt�h�igsih�del�loert�a�aBtL ndea�tosb�escrf�I�nthle
<br />%�'� ' �Aragap� or eny damago 9
<br /> "!` rrrortgagetrin-possessbn. -
<br />-_A=';w,,,,., 8, IiSB AND 1AAIHTENANCE OF PROPERTY. Grarna shall ta4ce all aalons and make arrf rop�lr��terda�d to milntyro the Prope+rty in good conditlon. _--- --
<br />:,.;:,;� Grama ehall rwt conmit a permit any wasta to be camitted wlth respect to tha Proporq•. Gran'or sh�l uee ihe Properly sobly In cortptiance with '�_��`
<br /> • '•`. �. appk�e law and inwranoo policfes. Grantor shaii nm maka any elteretions,additions w(rt�xo+errwrrts to tAe Property wtMout Lenders prior written �����,���.
<br /> �' . oonsent. VUthaut IirtiUng the faeQoing,eil etiera8ons.addL'ons and Irtprovemenls rtradci ta th0 Propetty sh.il f�subjxt to the 6enefidal imorosl 6oiaiginp µ�;�
<br /> ta LAtxier,shall not be rertiovasi wdhout Lender's prlor wrinen oansent,end shalt be made at Cirnntor's so:e o�anse. "°'��"�- - ,
<br /> g, LpSg pp QAIAAGE. p�erttor shall bear ihe entire risk of any loss,lheft,deswction or damago(cumi�a:tvc.�y"loss or Qarrr�e')to tho Praporty or eny ' ��=
<br /> porUon theroot from+�ny cause whatsoever. In tho evom ot eny Loss or Dar►►ago,Grenta shnit,ul tha optiaa�of Lan9sr.ropalr the aftoctod ProgeAy to its o�:__ . ��� �r-.
<br /> � previous oor►ctHon w pay or cause to be patd to Lender the deaease In the(ar markst vaiuo o!tho aft�*Gat nrt�°rty. .�;y }��
<br /> ^ �s4� �
<br /> ..� 7`
<br /> ^,� 1a INSURMiCE The Property wfil be kapt insurod for its tull Insurabie value(re acement ooat)aga!rut�'a ha=cirds Inciur�n8!ou or dart�age caused by ��,, ,�C�._
<br /> �. ffuod.oarlhquaFce,tomsdo end firo,theit or other casuatty to the extem roqui by Lender. GrmYnc rtriy oblr�n Inaurar►ce on the ProportY hom sueh �...,�. �
<br /> . cqrpan�es es ero aocopt'able to Lender In its sole bsaetion. Tho insuranoo polides shall require tTu�iruutAnx�cotrnarry.to provitb Lander wdfi at leasl ;� ;��i�
<br /> 30 days'writ:en notico trofuo sudi polides aro alfered a cancollod in any rrc�nner. 71ir ir:suranco poli�ios shall rtarro Lander es a toss '`�`:=",��
<br /> ' pyaeo ar�i proyi'�'ihat no od a omisslon ot Grarnor or eny other person shall a8oct the rlghtrot Lendar to ba pald th��nrurtu�cm procoeds pc+rtefning to tho �iX'' ..--
<br /> rtu ,
<br /> ►uss or dart►�ge of tM Property. In the ovem Cirama fatls to ecqulro a malmaln Insuranco.Loncbr(�pco'�ictn�norico as rtriy bo roquired by law)rrmy _�i_ ��.
<br /> in Its dsaaUon proairo pproprIate insuranoo coveraQe upon tho Properry end the Insuranoo con sh��l t�nn acNOn�payab�o and bearing irrterost as y.. .ti
<br /> ;t• ' described in Pera��ph 7i nd secured hereby. (irentor sha11 fumish Lender with evidenco ot Inauranco In�catirta tt��roqu;red oovfxage. Lhxidor may ect .,. , -�:
<br /> ' a5 attansy-In-lad lor Grtmtor in mafdng end:�ttling daims undor Insuranw poiides,cancoilin��po.'��en�orsbtig Cramors narrr�on eny drnN or
<br /> ?!. :: .
<br /> - �...n�...�....e.�e*d.,ne arai dcvivntNd in Lnndl7 85 furthEt SBCUfitV -�--°--_..• ��-` -----� ---
<br /> ---'�'- -�---- � -`� -- - • - •.._..- `----' � ---
<br /> . ._.-�. ry7gpfli)b191fI3INIIRlfl!QaWft Oy BnY fnwrat. na ovw�n�anm�,o�:�,................... s--��•--��--o--- � �-- --- -�
<br /> . rr�: r--- •---
<br /> toP the Obligatlons. In tho ovrm of kss,Orantor shali Immedatey grve LEmdor written notico and Lundar is au�:viiod to ma{co proof of lou. E � .. . ,
<br /> insurtu�oo carpanY Is diroetod to rtgka payrr�rtts diroctty to Le�der Instead o1 to Lender and Csran:ot. Lend.+r sh31 he.vu tho right.at its solo optlon.to ..
<br /> rtu o0
<br /> epply�h n»nies towatd tha Obligatians or toward tho cost of robuildng and rostoring tho Property. Arry arn�urna tttay at Londer s option bo eppliod In
<br /> „ tho imrctrse uder ol tiw dw datos theroot.
<br /> 11. ZONIPKi ANO PRIVA7E COVENANT3. Grantor shall not infiiato or consent to any changc�In iho zonlna�.'ovi�locu,or prtvet7 oovontvrts attecting tho .�
<br /> - use ot the Properly wlthout Ler�der's prior writton eonseM. If Gran!ors use oi the Propctrty bucornos e nontovi:lvrtin�u�o undet any zoningprovislon,
<br /> � (3ranta 5hall not cause or pertrit such use to be dscon6rued or abandoned wiltwu�the prfor wri;ten consent ot Len�.v. Cramor wi!I ir.medi2te yt prov(de�
<br /> ` Lendor with written nottee of eny proposfld changos to tho zoning provisions or prtvato covo�an?s nlfecting tho Pro�rty.
<br /> " 12. COHOEIV�IATlO�N. Grantor shaU imrnodiately provido londer with writtttn notico ot any actual or Ucaat¢�=d wncte�mtQ�on or errinem domaln
<br /> proceednp psrtalning to tha Property.All mnnies payfiClo to Grontor(rom 6ueh condormaGon or taldng aro Mraby assl��+d to Londer end sha11 baapp1�af ..
<br />� iirst to Iho payrnent ot Londers ettomoys'toas,�egal oxpensas and other oosts(indudng appralsal fcos)In oenn?Glon vVifJ�thn a'sndermatbn or em(nom
<br /> claroln prooeedings end thon,at tho optioai of Landet,to the pa�m�ent of the Obligatlons oe iho restoration or ropair ot tha I'reperty
<br /> , ��:
<br /> � � r�EOOm a�,.n� a000ac+u� . . .--- ti
<br /> . . + _ _ _ _ .
<br />
|