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<br /> .13. LENDE6i'8 RIaHT TO CORlIiAENCE Qil Q���NO L&OAL AC'110N9, �rnntor ahxl IrttrtooNatoly{�ovlck�Lon�lnr wHh writton nntice o(nny flctuol or k
<br /> ' ,hraatcned GGli811,Gu�i,ui vii�ot{xocaetiinp n�nn.im�p ii�b?i:.y�iiy. ^tC:R:C1 h,'.tG�y�j.j..^.��1:�Lan�r n�119 E1110IfI0yI�•IACt 10 GOlIY910�[d,I�ION0110�Il,Md 6
<br /> " ti�tend euch n:tlone,eidte,or oshar leEyal pro�oeAin({n�nd to canrxamlRO ar r.ottl�►rzny cln:m or canlrovor�y Rott�+lning Ihoroto. l.cndor ah�ll not ba Ilablo to
<br /> Orentnr lor any a�11on,otrot,I111GIf1t0 QIiJ.clon ar c[!ny p:rialsln��10 Ih�L:f�IGt16 d�ccrli:cs�In Ihls�f^ra(;mpfi ar r.ny c^n���;�s rcr.��tiln��th�rotrom Rmldn��
<br /> cantnlnnd hereln Nlll prevent Lender rr�m Inklnp Iho ncllmis tloecr�t�ed In Ih�t�.�rr..grapli In Ita own n�nw
<br /> ' � 1�, tN(1EF�INI�ICATION. l.ender thaii nal n�r�inq u��,;���:�.;,�r.,':'a lor ttsa�rt::n�:n�a!�:°at Gramor'a at�Ipatlon�wlth rn��ect ro itb Propony unde��
<br /> � ' nny clrcumttawa�. Qranla thxll Inr�iodlntely aovltfu Lxxt�r wlih wtlrnn naticin ot and Irxltimfty And hold l.enda end U��hnr�hNd�r�,dnctor�,ofllure, �
<br /> �rtployH�and ap�nt�ham�Nu Iran n11 clnlnr�,dunsp��. Ilahllltls�(IncPudlr acbrm�y�'1en ei�d I�I oxpmsao�,cnuhsa o1 nctlon,actlonr,iulu nnd
<br />;'"�",; "" *°� n�t�Ipd�xoc�Ang� cumulallvNy"GIr�Nna')p�A�lnln to tho Prop�ny({sir.lu�ir�p.bu1 not Ilmlt�d ta,lfioa Involvinp H�,tudai�M�t�rlas►. qranta,upon �
<br /> , tho requeet ol Lender,��iall hlro lepal cmmsol to ds!end�.ender fran nuch Cieln•n,�u�d pay the nttorney�'I�o�,Mgd�xp�n�a�And nVmr Go�te InamM I
<br /> o�blfp tlon lo I�nd�mnlly L �incMr undu Ihl�puepreph ehell�eurvlveihu errtVrv�tlan���rrJar�w or IoreGoeuro oldlh��Dead ot 7rll,et�m Qmmor'o r.oai �+rantor'� -
<br /> � _
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<br /> ta TA%E8 AND A88E8SI�AENTB. Orantor shall pay etl Inxea ond uan+s�nrcnntn rNating ta Propany when duo end hirradiately provlds Lendor evlden �
<br />= r�'f""'� ot pa ment o1 tarrn. Upon iha nquo�t ot Lond�r,Ornnto�thall dapoall wlth U�rv;i�r each maNh one•twellth(1/12)a1 the eatlmated nnnwl Inwren r
<br /> •- �w��� pr�um,taxee end e�seasmente pertalnlng to the Prope►ty. So long s�Ihnro I�no detaull,theta eunounte shall be applled to Iho paymem ot taxe�,� [.`
<br />�3t'� ,' � eotsstmente and Insurance es requlred on the Property. In tho ovant ot rbfmilt,l�r:rJer ehap have the rlght,et Iro sote optlon,ta epply the tunds ao held to ;;•
<br /> � pay any texes a Agalnet Ihe Obllgnllona. Any tunds applled rtny,nt Loncler'n o�tlnn,be apptled In rovane order ot tho due date thereol. �_
<br /> ��, 10. IN3PECT10N OF PROPERTY,BOOKS,H�CORBS AND REP041Tli. �rs�:cv ahall allow Lander a Ita agenta to exartina and Inspect the Property �
<br /> � and exemine,Inspect end meke wples of Cirsntors books ond records portalnlnc�t<�the Property from tlme to tlme. Qrantor shall proWda any esslatance -
<br /> requlred by Lender lor these purposea. All ot Ihe sI�atures and Intarmation conrnlrotd In GranloPe booka and rewrds shall be qmulna,true,accurete and
<br /> �, canple!�In all respects. (3rantor ahall note tha exlatenoe of Londer'e Iwanefir,Ie!tnrmost In Its book�and rocords pertalntng to the Propeny. Additlonally, _
<br /> - �ranta ahNl re�ort,In a fortn sutlsfactory to Ltrrxlor,such Intortmtlan as Lundrav mi ro st rogerding G►antor'e flnandal conditlon or the Properry. The
<br /> n y que
<br /> -. Infomiatlon sFiall be fa such perlods,shall reflect Qrentots recads et such tlntit,ru►i ah�ll 6e rondered w�th such trequency as Lender may dnslgnato. IUI
<br /> v" fntom�tbn tumished by Grantor to Lender shall be truo,eccurttte and coimbtm Ire n�l respecta,and slgne�d by(3rantor II Len�ler requests.
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<br /> 17. ESTOFFcL CER1ifiCATE3. Wrthln tan(70)d:ays aRar any rcqv��t fr/U.KU�Ysv.Grentor ehell ciollvor to I_ender,or any(monded transteree of Lenders .
<br /> rlghts wlth respect to lhe 0411gatfons,a s!gned end nGaiowtedgod etnemont xprecitylng(a)the outstanding balance on the Obllgatlons;end(b)whether
<br /> da
<br /> " Qranta posseasos eny dalms,defenses,sut-otts or oountardalms with rospocl ra tha Ot�llgatbns tmd,U so,the nature of sudi dalms,detenses,set-ufts a
<br /> ' opuMercl�lms. (3rantor wlll be concluslvely bound by any reprosontaton th3s Lwv,iar may make to the Intended trensferee with respect to these rmtters tn
<br /> . the evem that Cirantor falls to provlde tho requoMed statement In a tlrmly m�nnr�r.
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<br />- �'^ 18. DE�FAULT. Granlor shall be in defauR under thls Oo�d of Trust and th+a Trustc�a's pawor shall beeoma oparative In tho everri that Grantor,Borrower a
<br />- f , any guarantor ot the Obllgatlons:
<br /> . (a)fe3(s to pay uny Obltgatlon to LendQr when duo; —
<br />- .•�;.:,�' (6) talls to perfam any Obllgatlon or txoachos any wamanty or covonant ta l.ender contalned In thle Deed of Trust a eny other present or(uturo
<br />_i1 `,�f�.p � Il�:
<br /> ,.. (o�)�de mys,losss ar darreges the Property In any materlal ro�poct nr su��pcts the Proporty to selwre,confiscatlon,or condermaUon;
<br />;t�L::.;;i,,.y.' (d) seeke to revoke,terminata or otherwisu Ilmlt fts Ilabllfty under eny g.s�ran.y to Lender:
<br /> '�'•'"�''� (o� e11as,Lecorrrss IeaaNy Incortpelent,Is dssoAred or tertNnnted,la�o�ms Insolvent,rrekes en assi�nmant fw the beneflt of aeditar3,fails to pay —
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<br />—.-<.xY„�.,_. , elatrts as they bc>wuma duo,filea a petiHon undet tho tecierel lk,ntwptcy lavn�,has an Imolumary petitbn ln banlwptcy filod In whlch ftranlor,Borrower
<br />-"'�-"��=�,'�: w any guaremor Is nnrtied,a hes�xopeRy takan undor any wr�t a procesa oi coun;
<br />-���"'�- ��t'� • (� dlows gaods to be used,lrenspated or sc�:�on 7ha Pro•p�rty,thQ pO8IIRt5lOil,transportailon,or use oi wh�h,is Illopal;
<br /> - :-`'`:;" . (fl)elbws any party other ihan Cirantar a Bortower to hssun►�a uncEanalu�any Obligatbn withoui tha wdtten consem at Loncler;ar
<br />__�=:,.;�„r (h) xauws Lender to deem Itsalf Insewre duo to c�slgnific�rR doclin�a In the va!�s of tho Proparty:ar It Lender,In goad taiih,for 2ny roasan,betleves
<br /> �-�_ct,'•;;,ti ' tha�the prospect of payrnant a pertortr►3noe Is Impa4rEd.
<br /> R..��.��_.
<br /> p'''`•�`C�?'� 1g, plfilqTS OF LFJipEp ON OEFAULT. II tl�ere Is a detaull undar thln DeQd of Trust,Lender shall be entftled to oxerdse one a more of the tollowing
<br /> _��.����� rornede�wfthout notfos or dar�er►d(e�toept as requlnad by law):
<br /> _--������ (a)to�kclare ths OhNpatlona 4m�edately due and peyable tn hdl:
<br />"--;,�,a��a (b)to eoNeet the outatar�ling Obllgatlon�wlth a wlUrout ro�orting to ju�Gal{xocess;
<br /> --,.-.,,�,� (o) to nquke C;mnser te dr.:hmr nnd rm_!cn nv.�sllaHs to Lo�de►eny portov�al properlY or Chattels oonstltuting the PNperty at a plaoe reasonably
<br /> �—R!��� wmronbm to Qranta end La�der:
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