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<br /> (d) Q►nntor hns the ripht and le duly authorliod ta exocuto nnd perform ite Obllpstlons under thl�Deed o}Trust and theso actione do not end , _
<br /> � chell not confllol vd1N tho provlolono of nny otptuto,rapuietlon, oMlnanco,rule of IAw,contract or other apreameM whlch may be bindinp an =
<br /> Onntor�t any tim�; ."
<br /> i � (e) No�atlen oi prACO�ding la or ahall be Qending or threetened whlch miphl muterlally aitect the Property;and , �_
<br /> IImU�d to,tho1�powrnl�np Hu�rdoulf Matlrqd�)whlch mlyht mit�tln�ily iH ct�the Prop�ny o�Lender'e iphte or�nteeflrest n the�a o�p�rty purru�nt F"
<br /> to thl�DN tl a 1 Ttue t. ��
<br /> •� �3. PRIOti DlCOl10�TRUST. Or�nior npn��nh and wrrnnt�th�t th�w an no prior d��d�oi trwt�tteotlnp any pan of the Property exap4 ao e�t { .
<br /> 1 forih on Sch�dut�B QY;ach�d to thle D��d of Trust,which Onntor�yree�to p�y�nd p�Aorm In a tlmely msnner. M there are nny prior dssds of tru�e �
<br /> �� then�rcntor r�reee to pny nll emaunte ow�d,and pertorm al1 obllpa�lons nqulad,und�r such d�eda ot truat and the Indebtedneas secured thereby
<br /> � and lurther�prN�that�d�t�ult und�r�ny prlor ds�d ot trunt eh�ll b��d�twlt und�r thix W�d ot Truet�ncf ehall sntltu under to all rlahte and �
<br /> nmfdNs cont�lnsd h�nin or In th�Obllp�tlon�to whlch Und�r woutd b��ntitl�d In tfi�ev�nt of iny othv d�fault.
<br /> 1. TRANSFERB OP THE PROPERTY OR SgNlFICIAL INTERE8T9 IH ORAHTOR9 OR BORROWERB. In the event oi a ente,conveyancs,lease,
<br /> � contnct for d�sd or tnnit�r to�ny�rwn o1�II or nny part o1 the reU prop�rty deacribed In Schedule A,or any Interest thereln,or of all or any
<br /> � ��I bm�fldal Int�rltt In Borrov�r or(ir�ntor pt Borrowsr or Onntor la not a natunf pernon or peteane but Is a corporrtion,Ilmitad Ilnbllity company,
<br /> 1 ptrtntrthlp,trwt,or oth�r I�p�l�ntlty),Under mty,at It�optton d�ci�n th�outstandlnp princlpai balancs o}the Obllpationo Qlue accrued Int�reat
<br /> th�r�an Imm�dl�tely dus�nd payabl�. At L�nder'e nqu�at,(irantor or Borrow�r,aa the caao mey be,ahell furniah n camplete statement csttinp torth
<br /> • ' � �II af Ib stoCkholdu�,m�mb�re,ot putn�ro,�a�pproptl�te,snd the sxtent of thelr reepectiv�owmrnhip Intersate. -
<br /> . � d. AS$IONMENT OF REtiTB. In conaldention ot th�Obllpationa,whlch aro eacuretl by thls Oeed of Truat,Cirantor absolutel�asslpns to Lendur all �
<br /> Grantor'e�stat�,rlyht,titt�,int�n�t,claim and dem�nd now owned or hereaft�r acquirad In all exlating and futurs leases of the Property pnciudiny � � C� �
<br /> eutenoions,nn�wals and subtaaa�,all e�reemont�for uae and occupancy of ths Properiy(all such leases and agreements whether written nr orsl, • , �
<br /> are hereefter retsrced to ae the'Leases'),end all guarantles of lessses'performance under the Lenses,topether wlih the immediate and continutng , ;�,•4� �
<br /> rlght to collsct and roceiw 411 ot ths renta.Income,recelpte,rovsnusa,Issues,profits and other Incame of any nature now or heroafter dus pnctudlnp ��_;����,=._-_.
<br /> eny Incom�ot any rtatun cominp dw dudnp any r�dsmatlon p�rlod)under the Leases or from or arising out of the Propertyr including minlmum =-_
<br /> � t rants,�ddidonal nna,p�rc:�ntt�p�rMte,parkiny or aommon�r�a malntenance conVibutlons,tax auid insurancs contribuUons,d�ficl�noy r�nte, `?�~�T�,,_.
<br /> IIqulMt�d dim�p�f followtnp d�}auR In any Ua�, all proce�da piyabi� under �ny palloy o}Inaunnce cowring losa of nn4s nsulHr�p Nom -�=��-��'=--
<br /> � unt�n�ntabllNy cauwd by d�ttruction or dam�ps to the Prop�ity,tll proc�sde payaht�as�rosult of s lesass'e exerciss of�n opUon to purchat�th� _--—
<br /> � Rropory,otl prooaad�d�irlvad fmm tho Y•rminnion or rc;:t�tlon nf eny Lease In n bnnkruptcy or ather Inaotvenay praceeding,and all procasda hom � _
<br /> �ny d0ht�and clatms o}�ny klnd whlch Grantor rnay have agafnst any leaae�under Ms Lea�es or eny occupante of th�Property(all of tha abow u� _
<br /> h�na f t�r coll�cliwly rN�rt�d to te the'Rmte'). Th►s autpnmsnt Is subJ�ct ta th�rlpht,power and tuthortry ptven to the Lender to coil�ct�nd�pply
<br /> � , � ths Fimts. This aatipnm�nt in recorded in accordanco wtth appilaabie state law;the Ilen crested by this asslynment is Intended to be specdtto, v�"
<br /> spe
<br /> " pertect�d,md choat�upan the rocordinp of thls Oeed ot Trust,�il ae provid�d by applicable etnte law as amended from time to Ume. A1 IonD as . -',-�T
<br /> 3 thsn Is no d�tault und�r th�ObIIp�Uons or thls Oeed of Trust,Lender pranta Orantor a revocabie Ilcense tq collect all Rents hom ths L,eaeea wh�n ��
<br /> due and to use euch proceede in Orantor'o businese operationa. However,Lender may et any time requlre Orantor to deposit WI Rents into u1 •�
<br /> account maintatnsd by Onntor ar Lender at Lender's institution. Upon defeult In the payment of,or in the peAormance of,nny of the OhiipaUona, �
<br /> -�'� � Under may at IM cpUon tUa pos�sslon of the Property and havs,hold,manaye,isass and opents Me Propsrty on t�rma and for a p�8od of dm� , f ---�=��-
<br /> � �} tAat Lend�r de�m�prop�r. Und�r may proceed to collect and�ealve all Rsnts frcm ihe property,and Lendsr shatl havs full power to make •
<br /> Utsratt�ns,nnovatlon�,npaln or roplacemente to the Prop��ty�s I.,�nder may dnem proper. Lender may pty all Rents In Lender'a sot�dlacation ���
<br /> S to ps�yment oi th�ObllyaUona or to ths payment of ths cost of euch altoraUons,rsnovaUons,rs alre snd rep ncementa and�n expen�s Incid�nt to °'�•�ra
<br /> �� takl�p and rotatninp poas�aslon of th�Property pedodicalty and ths m�naysment�nd operaUon of tha propsrty. LendAr may keep the Propsrty �„�, �
<br /> prop�Ay insursd and may dl�chugs any taxa,chuess,clNmt,ass�aam�nb and other Ilens whlch may acerue. The sxpense and cos�of thsa� �{��
<br /> • tatinn�may b�p�d irom ths FNnts r�atvsd,and any unptld unounte shdl ba�dded to the principal of tho Oblipation�. Thea�amounts,top:Lti�r �„?r
<br /> ___,� wIM other ooate,ehtll b�oom�part of Me Obllpationa secund bythie Desd of Truat. �w7 �� _
<br /> " r E. LF/►SES AND QTHER AOREEMEIiT3. t3rantor eha11 not tak�or fail to tak�any acuon wnicn may cauae or p.rmit me wr���i��.uor ar tA:
<br /> ' withMidinp of�ny paym�nt In connectlon w(th�ny Uaae or oth�r�yrNmrnt('ApnsmmY)pertafninp to the Property. In�dditlon,(3rantor,wkhout `j
<br /> �• � Lenda's prbr writbn conwn4,shUl not: (y colt�ct any monla paynbt�und�r�ny Apnsment more than ons month�n adwr►a; (b)modHY NY
<br /> _ Apre�ment;(o)aaflpn or tliow a Iien,ee�udty interest or other encumbr�na►to be ptaced upon Grantvr's riaht�,tlHe and intsnat in and to�ny
<br /> � Apreemsnt or M��maunts payabb thersund�r;or(d)tertninate or cancel any Apreement except tor the ncnpaymsnt ot pny sum or atMr mabrial
<br /> bnach by th�oth�r perty the�to. M Grantor rsaivea at any ttrne any wrttten communicaHOn sssertlny a detault by Grantor undsr en Annem�nt or �"� �,
<br /> • purportinp to tsrtnt�aPe or c�ncel any AAreement, Grantor sha�l promptiy fonvard a copy of such communlct�tla� (rnd �ny aubspwnt ,�
<br /> communicatbns nlatiny th�nto)to Lsnder. All such Apreemente end ths amounn due to Grantor thersunder u�h�reDy asaipned to Undsr�s
<br /> , edditlonafe�curitytorth�Obilpatlona.
<br /> � 7. COLLECTION OF INDEETEDNESS FROlW THIRD PAR7Y. lender shall be enHtled to noUty o�roqulro Grentor to nottty any thtrdparty Qndudinp, d
<br /> ' but not Iimit�d to,I�u�i, 1lanaf��,OovernmsnLl authoritist�nd lnaurance companiea)to pay Lend�r any Indsbtadnea�or obiipatlon owlny to
<br /> '�+�:� - (irantor witl�npp�t to 1M Prop�rty(wmalat(wly'kidebt�dn�w')whether or not a defauft oxlate under thls De�d of Trust OrenMr shall dill�r►tly
<br /> ' pe�N�t tl�k�d�bbdn�s�owinp to tinntor(rom thae third parttei until th�pivinp of such notlflcaUon. In ths�wnt that Grurtor pose�t�s or nafvN
<br />- � poas�alon of�ny InnrumsM�or other remHtences with ro�osot to the Indebt�dnss�tollawlnp ths ptv(np of euch noUfication or M th�Instrumx►t�or
<br /> � oth�r nmittu►a�constitut�th�pnpryme�t ot�ny indeLlodnesa or the paym�nt ot Qny intur�na or oond�mnstion proa�d�,GKr►tor�hall hoW
<br /> - �' wch In�trum�nts u►d oth�r nmfthnas In trun tor Lender aput irom tta oth�r property,endorN the Irxtrum�nu�nd oth�r��mttt�na�to L+�r�d�r�
<br /> , . . I�al mpr��a inps or�dothewi�rexbnd Ms time 1or paymsin�t,co p oml,�exchtuiDe ar eleass any obllflor o rco�ll�a ertl�or o�tr�srwits aNN�a�m =_ —
<br /> � th�ind�bt�dn�a wh�th�r or not an svsnt of defauR sxists under this Apreement. Lender ehdi nut be Ila�la to(3r�ntnr tor any�ction,�rtor,mittak�, _
<br /> _ omisalon or d�liy portainlnp to the actione d�acribed In thia perngraph or�ny d�unages rewiting th�rofrom. Notwlthst�ndlnp th�towpolnp,notning _-
<br /> herNn ahall cauM r.�r►d�r to M dsem�d�mortpa9ee-in�poasexlon. �
<br /> � � �. UgE AyD�AINTElUWCE OF PROPERiY. Gnntor nhall taks eli acUona sad make any repalro needed to malntNn the Properly In pofld �=
<br /> � .r, • conditlon. Or�ntor shdl no!commit or peanit�ny wasts to b�oommfttad wlth napeot to tt►�Property. Qrantor�thsdl uas tho Prop�rty solNy In �__
<br />-• •-i',,:�:j}•+'' oanpilana wtth appliabl�law�nd Inautnna polidea. Cirantor ehali no2 make any aiteraUans,additlans or improvemenb to the PropeRy witl�out �--
<br /> y,.,'�,..��.. ;,}<�, ` L�71dK��prior wrftt�n oontant. YYthout IlmRln�the fore�olnp,NI altsrations,additlone end Improvsmonta mad�to tfie Property ehali be subJ�ct to �_°_�-=_
<br /> th�b�n�fldtl IM�nst bNonpinp to L�ntler,ehdl not be romoved wlthout LendsPe prior wririen conasnt,and shdl be msds at Grentor'o noln expense. `
<br /> •• !�"."'� � p, Lpgg OR DfiMAC£.t3rantor ehall beer the endro rlak ot any Iosa,theft,destructinn or duna�ge(cumutativsty'Loss or Wm�pe')to the Property or =___-
<br />- . >:�,,� any portion th�roof hem any cauas whatsoevsr. In the event of any Loss or Dam�ge,Grantor shall,nt the opUon of Lsnd�r,ropalr ths�ttsctW -
<br /> _,��••: �� Ptop�rty to Its prsvioua condiUon or pay or cauae to be paid to Lender the decrease in the at�ir market v�lus of the aHect�d Property. ----
<br /> 10. IHSURANCE 'Trie PropertN wiil De kept Insurod for Its full Inaurable value (roplacement cost) n�ainat all haxarda Includinp loss or damaps ��.�.-,,�
<br /> ' r•�;;�;� '.� oau�ed by Hood,earthquaks,tomado end�tiro,theft or other caeuaity to the extent requlred by Lender. Gr�ntor may obtsin Insurance on th�Property --�--��;;;�
<br /> . !:�:,.��� i trom suoh comp�ni�a as�+e acceptablo to Lender in itn sote dlacroUon. The insurance policles shall roquin ths insuru�ce company to provlde ',�;�„��-,�_
<br /> ' Lsnd�r wiM�t least dsy�'written natics betore such polldes ars altered or cancelled In any manner. The Insurance pollcNs nhall r
<br /> �{ nama Lender af a loss payee end provide that no set or omission of Grantor or any other peraon shall aftect the right of Lender to be ptl�the ���'
<br /> insuranc�proce�ds peru+inlnp to the loss or dam� e of the Property. In the svent t3rantor falle to ncqufre ot malntain Innunr►a, Und�r(aft�r ',r_ '•:�
<br /> �' provldinp noUa u may�a required by law)may in�t9 dlscreUon procuro approprlete Insurance covereBe upon the Property�nd ths Inwnnce cost F-- -,.�:{+.:
<br /> � L shall b�an advancs payaDle and bearing interost se descdbed In Parn9roph 23 end secured heroby. Gi�ntor shaU furniah Lendsr wlth widsna ot .,;.
<br /> ' �`'�• ' Irysurance Indlcatlnp Ms requlrod covernga. Lender may act aa attomeyJmfact for Orantor In making and seriling cleims under inaurance policie�, , ,�"��', �;.
<br /> citncellinp eny pelicy or endoroin8 Oro�tor'a nsme on any draft or nepotinble Instrument drawn by any Insurer. All aueh Insurance policlea ehatl be ✓�';�,.,,;��� ,1,,;.;�;,,
<br /> Immedtately easlpnsd,pledped and tlelivered to Lender as further eecurity tor the Oblf�ations. In the evant of loas,f3rantor ahall immodlately pive :�;I::r��-'��c���t•�
<br /> .. Lend�r writtsn noScs and lender W authoriz�d to make proof of ioss. Ench insurance eompany la dlrectcd to malce paymenb dirsct!y to Lender '•gy;•-„Ar , ,..
<br /> � Inste�d of to Lsnder and OreMor, l�snder eAtll have ths�Ipht,et Its Role opUon,to apA7y nach monlea toward tt»Ob11�aUone or toward th�oost of . ����,'� �
<br /> robulidinp�nd n�torinQ ths ProFany. My amounts may at LendePe optlon 6e appued In tns inveroe order ot the dw dates theroof. ,._'�;�'.;;;,�,. •
<br /> 1 i. 20NIMQ AND PRNATH COYENAHT8. tinntor ahtll not IniNat�or can�nt to any chm8e in the toninp provislona or pdvate covtnanb afhctinp , •
<br /> the uas of ths Proper4y wkhout Lender'e pdor written consent If(inr►tor's use of Me Property becomes a nonconforminQ uae undar any:onlnp ,��'•-
<br /> r►
<br /> provlalnn,firantor ehatl not cau�or permit such uso to bs diacontinuad or�bandoned without the priar wrttten consent af Lender. G«ntor wttl � �
<br /> • Immsdlat�ty provld�Lender witfi wrtttsn notice of any propos�d chanpes ta the:onlnD provislone or privats cownants attscUnD th�Propsrty ^., �
<br /> - 12 C�NDEMMA7lOH. Grantor ehalt immadtately provide L�snder with written noflce of any actue�or throatsnacf cono�mnanan or emineni oomain -- - `
<br /> proceedinp partalnfnp to th�Propeiiy. Ail monfes payable to firtntor from such condemnatlon or tekinp ers hereby asatnned to Lender�nd shall be
<br />_ � nppllW firsi to th� payment ot Londer'a atbomeys' taea, lepal expensos nnd other costs pncluding npprnisnl tea�) in connect}on w1M the
<br />- cond�mnaUon or eminent domaln procoedinDs and then,at the opGon ot Lender,to the payment ot the Obllyntlona or the renoraUon or repalr of th�
<br />- 3�I.EMDER'S 81GHT TO COMMENCE OR DEFE�iD LEOAL ACTIOHS. Orantor shail immedlately provide Lender wtth written noUce o}any actual
<br /> _ or thnat�n�d acUon,suit,ar oth�r proaedinp ntt�ctlnp ths Prop�rty. Grantor hereby eppalnte Lender ae its attcrney-In•fact to cammena,Intervrn�
<br /> In,�nd dotend sueh eetlons,eulte,or other lepal proeeedinps ond to eomprom�se or eettle nny clslm or controversy pertelninp thero4o. Lond�r sholl
<br /> _ ' not be Ifabts to(3r*ntor tor eny actlon,ertor,misuk�,omisslon or delsy pertatning to the acUOne described In thla parapreph or�ny damapsa
<br /> � rssuldnp thersirom. Plo4hinp contained hereln wlii prevent Lender from tahinp the actions descrtbed In thla aarApreph in Ita own name.
<br />- 14. IHD�MPIIFICKt10N. Lender ehdl not esaume or be reaponslbie tor the performence o}any of Grantor's obltpatlons with respect to ths PropeRy
<br />_ • under�ny clrcUm�unas. Grnntor nhnit Immedlatety provide Lander with wdtten notice of nnd lndemNiy end hold Lender end IM sharehotdtro, .
<br /> dlrsctnro,oftia►ro,employeea and apente hsrmtess Nom ail ddma,damages, Iiabflitles pnctudlnp attorneys'tees and Inpal expansoa�,cauaee of
<br /> ' notton,actlons,sult��nd oth�r I�pal proc�odlnD�(cumul�tivNy'Gdma')p�rtalninp to the Prop�rty pnctudinp,but not Iimlted to,thot�Involvina ,
<br />� „ Hazardou�AAabrid�). (irantor,upon the rsqustt of Lendsr,ehdl hln I�pd caunssl to delend Lender Irom such Claims,end pay th�attorn�yt'fNS,
<br /> I�rpd�xpw�sss�nd oth�r co�U Incurnd In conn�cUon therewfth. In ths sltemaUve,Lender shall be sntltlsd to employ ita own lepd counsN to d�tnnd
<br /> euch qNms�t(irantor'e cost. (3rantor'e oblip�tlon to Indemnify Lender under thls paragreph shnii survive the termination,release or torsctosurs ot .,
<br /> this D�sd o}Truet.
<br /> �� I LPNE51 t0 Q'Fmnqlon T�CnnolopUt.InC.(8/2B/fril (8001 BJ7.��Bp P�ge 7 M 6__ . , . .__ . .
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