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<br /> 96-'.�'�5+�2 � � . . „ ` - �°
<br /> (d) (;rantor has tne rlght and is dury uuthodzed w attecum aed perfortn�ts Obligationa undar Mis Oeed of Trust and tn�'a eaUana Qo nat and . � `��. .`
<br /> ahali not cw�ftia wiitt�the pmvisions of any statute,regulution,ordinanco.rute of law,contract or other agresmant wh:di may�o birtd�rtg an + • _
<br /> �
<br /> � Grsrrmr at any Ume: e .�_.n.
<br /> � (e� No acUon or prooeeding is or sha�t�a pandin8 or threatennd which migRt matedaliy aNact the RropsrtY.an� ,
<br /> (fl (;rantor has not violated and shall rtot violate any smtute,ro8ulation.ordinance,ru(e of law,wnbact er other tgrcammri fnCtuding,but�ot
<br /> `� i limitad to.ihosa govamfrtg Hazardous Matedafs)vrhich mtght mated�liy affeec tt�e Property or LendePs rfghb or Intorest in tno Property Pursu�nt , • ,
<br /> to ffiis Qesd cA Trust. ot tne Praparty ox�opt as 5et -��'' �•�
<br /> � � 3. P€3tOR O�E03 OF TRUST. Qrantor roproserrt.s and vrarrarNS tt�at there am r.o prior decds of trust aifecting anY P� • < <:
<br /> `<<� forth an ScfieQu:9 B�ttached to thia Dyed of Trust,xrhtch Graemr e�rees to pay End perfottn in e nmery manner. N there aro e.ryy prior deed3 of ttust _
<br /> then Grantor agreas to pay ell amouMS mvtid.and padottn�ll obligations raqu�red,urtder sueh deeds of uust nnd the mdebtedness aocured th�rtbY
<br /> and turthor agmas that a defautt undar any prtor deed of gu�t ehaSi be�deisett unQer this Oesd ot Trust and sAa11 entitla L�nder to all r:ghts and . �
<br /> � remediss can�ined hereio or in the Oblig�ona to tvhich I.endur would tresn�i'ed In the averrt o!eny other deftw�t � •
<br /> , a Y�tAHBPERS Or T49r F�F�FiTY OR 8EC7�EC1�l.113TEHESTS IH GiiAt�'t��i3 QA BO�iRQtdERS. 1n tne evem M a me.eomrayanco.iease.
<br />--'f contraet tor deed or transfor to eny po�eon of all or arry part of B►e real praPonY described in Set�edule l�or arry tnmros!tharein.or oP eil ar artiy �- -- -... , ; �
<br /> benflfidal In4erest in Borrower or Qtantor p f B ortovrer or G r a rt mr ts not a natutnl persan or persons but is a eorporatian.Ii:riASxl tiebility oomQanY.
<br /> partnershi�,vust,or other tegsl eMity).Lender may,ffi ita optien dec►aca the outstanding prindpal tatanee of the ODl�gat�ans ptus accrt:ad mmrest -
<br /> theraon immediatsty due and payabie. At Lenders requast,Gmrtmr or Bonowar,as the c'ase may De,shall fumish a comptote stFttemertt settirtg torth �-
<br /> all of its smdRnoldars,members,or partr�ars,asappropriate.and the extem of thar respaative ownershtp irtterestv.
<br /> 5. ASS[Gtdffi�3T OF REti'fS. In cons{deration of t�a Obilgationa,whidt are Eswred by this Oeed of Tn�st,Grantor ahsetuts►y�si9ns m Lendor ell � �
<br /> � Grarttor's e�tsto.�ight,tftie.imerest.claim and Qemand rtm�ovmed or horeaftar aequired in ali existing and futuce loasos of the FropeRy(nduding `
<br /> te"';. .' .
<br /> extansians,renewals and subleasasl.all agroemenSs for uso and accupantY af ths Prnpefty{all such leases ar�d agreemertts whethor vrritien or oral. .
<br /> • are hereafter referred to as the'teasee�.and ail guaraMiae of tessees'parform�nee u�dsr ths Leases.tagethar w3th the immediato artd cantinuin8
<br /> � righ:to collact and recefire ull of tha�er�ts.income.rece(pts,revenues,issues,Profda crtd other incame of arty nature now or heceatter dw pnduding . , �: ' -�� �r.
<br /> . ary income of any naturo cnmirtg dae during any redemption pedad)urtsler tRa Leasas or trom or arising out of tho Property tnduding minimum °>-�•, .
<br /> � ronb.addi�cnal rertts. per�ms�e reMS,partdng or comrtson aras matrtterwnog corttributia+�s,tax�d insurancs corttrimutlons,defiGeney rort1s.
<br /> Iiquidated QBmages fiotiawiRg defautt in any Lease,a�l proceods payaEiQ under any policy of Insuranc9�overing loss of rents rcisulting fmm . :;�.-�
<br /> urrtenantability caused by d�uctlon or damaga to the Property,all pmeeeds pc+yeDie as a resuft ot a le�ee's exarcisa ot an optinn ta pureh�e the � -��.:
<br /> property.ati praeeeds der`red fiom the temnination or rejeatian of arry Lease tn a bankruptcyr or other insolvency proceading.and aU proeeeds tr°m ` . �.-�.,_
<br />' any rights end cTatms of any ivnd wAicA Grantor may Aave agalnst any lessee under tAe Leases ar arry oxupants af tne ProPenY(�1 of tho aba+re aro H '�
<br /> hereatter col!eehvaty tetec��:�s tho'Rerds�. This assignmcrrt is subjce!to the rigM.Pawer and authorityr given to the Lender ta Cellect and aRP�Y , <<, ;r°'� �."_
<br />` the Rents. This flssigrsm�t`s•2corded in accordance witi��Plicable sY3:a law:the Gen created by this assipnmartt te inira'tded to be specifiR L,..,��, -
<br />• pertacted,ard choate uprR�Pe rccordine of ihia Deed of Tr�.all as pravidod bY aPASicabie state law es amended from ti�tn�rr.o. As Inng es .`_.^ .`�`.. _T
<br /> ihers is no defautt under ti�e Qb�igaUons or thia Dasd o!Tcuss,Lendar qrantc Qranwr a cavocab�e lioense to ealiaat al�Rems fm*^th°�°as�'�en ,. _.`-� _ ;,.,,._
<br /> due and to use such proceeds in Qrarttar's�,•�ines9 operaUona. Hawever,Lander may at any Ume requ'vt�Gsarttor to�csit afl ReMs into en ,�, �; �-
<br /> � � aeeouM matnti1ned by(irarncr or Lender�'�+�:r�..er's instituUon. Upon dotauti tn the paymant of,or in tho r,+YU�rr+znca a1�a�Y of ttse Obligationa, ' - . -
<br /> Lender may at its optlan ffilcs Fossession c°tL-e�s�yerty ar•d hava,hotd,moarpe,leas3 and operate the Prc�ti on tortns and tor a Ferfcut erf tlmo � �.��
<br /> thai Lender deems proper. L_�Cer may p:��+���+d rece[vo all F4�rns irum the property.end iondor sh�ll hova tutl pauror to make . � ,:�,�,.:
<br />� sttoraUona,renovaUona mp�sa:replaceme:ns��I�+a?�"/��nder may desm proper. Lender maY appty aii Rerds in Lender's sale discreUon Y.� ' ��+-:.` ,
<br /> .,�t�� to payment of tl�e Obii$attr^sa�oo th�payme:+t of�o o�:e�guch aiterations.renovatians,repairs and roplacemerrta end any expenses inddeM to �'� " ;. ._
<br /> taMng an d r e t a ln ing posse�r�rrf'ne Prr G�Y P e��+���d the mant�9merrt and operation of the Ptoperty. Iandor may keep t3ia Proyortf/ �, r:-
<br /> .,• „`� propeAy insured and may d�charge arry�.charges,daims.assessm�ntc and other Iiens vrhtch may axrue. The expense an d oost o f t hese ., _�.�,�; . �.,:
<br /> acnons may Ce pald from the Renta received,and any unpald amourtb shul bo added to the prinelpal 04 tho Obhgations. These amounts,tngether y ;. e+- . ; ,
<br /> with other oosts,shall beaccra;,.art of thu Obiigatlons sscurod bythia Deed of Trugi- �;:° �
<br /> g. LFASES AND OTHEN 1L'�.?�il7EMS. Oranmr shall not mke or ta'sl to�e men��ini�n w�th�ertY I�d'rtion,QranUOr wNhout ' � �'t� ��� �
<br /> withAfllding ofarry paymortt�i;xnnecNon with arry lease or other agreemt�nt�Agree 9 .
<br /> Lender's prlor written wnsem,shall not (a)ooltect eny moNes payabie undor any Agree�rc.r.t moro tha�ane morrth irt e�nnee;(b)modifyr any .:`';`''�, T�', i.
<br /> Apreemenk (a)assign or atiow a lien,s�ecudry iMerest or other encumbranx+to be p(aced upon G�r'g�9��e�iMerest tr►and to any yx,-��,:;, ;: ,r __
<br /> 3
<br /> AAreement or the amouMs payabte thera�r-r:�xr,or(d)termtnate or canocl nny Agreement except tor tno r.r.�aayment of any sum or other matedal ,.,�r,,.; • � :,:���;�, -
<br /> breach by the othar party thereto. H Grc.-r�r accefvas at any tlme anyr vrri4te.n aemmunlcaton asssrtinD a��fr:3:�:t by Crnntar under an Ag�3rtt or ;••.,u�,. i�.' g"
<br /> ., purpprting to terminate or cancel a:p �ement, Gtentor shall promptty tonvard a copy of si+�s oemmunicatEan (and acry ss�ertt ' '�'S����,. . '�_ @: ��
<br /> •°'•��-.:�t� .
<br /> ' c am mu n i c a t t o n s ro l a t i n g t h e ro t o)t o L e n C V S. A l i s u c h A BreemeMs end tho emourtb dua to Granwr thero�cder aro heroby assi8ned to��►as � •t'� r� .
<br /> . addittonal securityr tor ths Obllgationa. � _ �
<br /> T� :"'�i ;�t�.. _-
<br /> 7. COLLECTtON OF IHQC�74F�t1ES9 FRO�1 THiRQ PA�T1f. lender snai be enUUed to natf(y or roqulre Granwr to notlty anylhlyd PartY Qnduding. _ �' ''
<br /> but nat limited to,tessee9,licenseas,gavemmortml authoritles and insuranoe compasites)to PaY lrender any►indebtcdness or obiigatton owing to ' �„�r `��;. —
<br /> Qrantoi w+th res�ect to 1he Property(cumutaUvoly'Indehtedness')whefhnr or nat a detauit exists undsr thls Oeed oi Trus� Grantor sha11 Q..i�er:tty x!;� �
<br /> • eol►ect the(rt�ilm�dness owing to Qtantor trom thessa third parties until tho gfdr�at such noWiqUon. In t�e euern th€t Grantor possesses or ro�eivos _ .
<br /> ' mj o . .
<br /> posaession af a^�Insuum�nts or ottior remittencas wlth respect w the fru{t,ritr�,�ess toltowlnp the piulnp of such notifleatlon or if ths tr,awrr,�ar . :�"`+.f.:_�
<br /> . ,� other mmittences consYfirtn Lhe propayment of nny Indebtedness or the puyment ot mry insurancs or condemn�tlon pmcseda�a+�����hoid ,
<br /> s u c h I n s tr u m e rt t s a n d o t her w'�+ttances In Vust tor Lender apart irom ita athor propeRy.endorse tAe InsVUmerns and other rsmftlanae9 to LOnder. `.r„�`",��,ti�. ��;�
<br /> ' end immediatsty provid�6�".mr wit�possession o1 the instruments and othor remtttano3s. 4 on der s h a i l ba e M i t i a O,b u t n o t ro q u i ro d,W e o l�e c t(b Y �� �.�.
<br /> � lepal procsWinga or otha�;,sxtond the tlme tot pay:rr_^�oompromiso,exchange ot rEtra3so snY obllDar o►Coltitet8l,or othorv+ise s6ttte any o1 ..,,t
<br /> � ,' th�tndeDt�dness whether or nat an evect..t dsisuft exisr.s crr9ar this A�reomen� Lender c,h�t not be Ilabte in(irarttor tor arry actlon,�rtor,miatalcs, �
<br />.:`� �' omiselon ot datayp¢rtatning to the actl�dm�(Ced in this Paragraph or nny damages re�;�ng t�erofrcm. t�Iotvrlthstanding the fare fjaing.�oth(ng �_,:<.-�:-°�:�'_,_..�'}•.c^..
<br /> ;U ..
<br />:3• her�in ahatl cause Lenderto be deemed��ra`�agae�lrt�possession. �
<br /> ���.�i+{�a�:--c:,�r•, �..
<br /> �� 8. QSE AND MAINTEHANCE OF PROPFr�TY. OtetltOt Sh811 t8ke all tiCCOt1s end rttvt9 8�ty tepeits R�td t0 m8lrttFiln th9 PIOpB^'d:,'t Qppd ; �f d1;•,:, ' -
<br /> condttlon. Qrantor shall nct commft or permit any wasta to be commiltod wilt�raspE�trn we Property. GraMOr aha0 use the Proper'�Fclety in �b�:�_ ���_
<br /> oompIiance with appti�btrs aw and inaurancv policio9. Gramor sh�ll nat mata any rttr�,slrrr's,additione or improvamonto to the Property without . �--
<br /> Lend9r'8 pdar wtitten oa�cr.t VYlthout Iim(Ung the torogoing,al1 aitsred�n�,aQd'Noas crrl'•t':Dra'mments made to the Property ahall be sabjeet to �,�,���:
<br /> " ths beneflcial irtterost CH�:'9�nD to Lender,uhall not be romoved withou2 Lcndar'9 pdor rr.<�n oonsent,and shatl�s rnade at(itantor's soloox�ense. h r _ �'
<br /> " � p, LpgS Qf��l�Al1Ge.QreMOr sha11 bear ths snUre dsk of any losa,tAott.dosuuction or damaga(cumutativo(y'Loss or Damuae�to the('-r�erty or �_,��'�---!
<br /> any poRlcro L.rfeof irom arry cauae whateosv9r. in ths swM of arry Lu�s or Damaga,Qrantot shail,ai ths opt'.on of l,ender,repair 4�z7!acted •����-
<br /> Propertyto��Crevlouscendwan ot pay or cause to Da pald to Wndorthn doCtease In the falt miuket vatua of tho aftoctod Property. :.:a�_;;. - "�
<br /> 10. INSURANCE Tt*o�.lyarty wiil ba kept insurod for ita tuil Inwrebl�v5iuo(reptacemont cost)aqainst ffii h�srds Including lo:ss or damage
<br /> caused by flood,earthq:�n:tomado and flre,UteH or oYher casuairy to tt�e extent requirad by Lender. Cifentor may obmin'zssuranoe on the Prop�Ry �� �'�'.
<br /> �-°,
<br /> � Kom such comp3nisa as• aoc�ptabie to lendsr in its sois discretion. Th�fnaurance policles shull roquiro the ins:.�raroa campany to provide - . 't�-:
<br /> ' Lender wlth at leaat 1� daya written notiee before sucP�pollcla ars alterod or canalisd Inarry mann�r. Fi�a Insurance polietes shall =��:,ryF.:�� '�_
<br /> att
<br /> name LendAr as a loss payee and pravlde thut no act or omission of Crantor or eny othsr peraon sha11�S!ect the rlght ot Lender to be pald the ;,.� ra!� �• ' � "
<br /> insuranco fx-ceeds pettalning to the lc�.�r damage of the Property. tn ttie ewnt Cirantor ialts to ar:��n�or malntaln insurance, ter.dsr(after ,.,.„��jy,.;,� ., �
<br /> provldin��C:oe as may be roquired by��n;:nay in i t s d isero t ion p ro e u ro a p p r o p d a t e ins uranco oovs s�.7 u u:�n the Proyerty end ihe I�s:�•raica eost , .. ��
<br /> shatl be an advanae payabie and bearirtg iMersst a9 describod in ParaQraph 23 end cecurod hereby. Grar►tor shstl fi,rnish lander wft?�ed-�:ence o1 +��'�{r`;'�:�'��''�
<br /> �nsuronce tndicaUng ths rpa;�'rad coverags. Lender may aat as attomt,yartdact for(irantar�n making and settlin�ciaima undar inaurancv policles, -;;�;,.._;�:;`,�:,,;�.
<br /> :ancelSn�any poticy ar a:r.r.r.sing(3 r a n mr's n a m o o n a n y Q r a ft o r n o g otlabie instrumertt:t-�svm by eny Inaurer. Afl sucn�rsurance poticles ehall be ..., —
<br /> ;r.;r.:ee:�r,s;r asslgned,r.1mJ�7ad and delivared to Lender as fuAhet aecu*lty►tor the Ob'.!c�su'.rg. In tha evant o1 loss,Gran�r shall immediatety give �� . --•
<br /> l,ortdas w�ttra�notico enC iander la authori:ed to make proof ot Iorn. F�ch Insurnnco��parry is directed to make payr'ents directh/x►l.onder ,�,'. . ��°
<br />� . �rs�es�d�r.f�nder end CvaMOr. Lsnder shatl have the dght,at its¢oto ngtio�^,to r.�,°J-,�slch monies to�uard th�Obligtiticr9 ot towrud".`rt.:ost ot •
<br /> � r�:,;.a+��ns�resroring:he Property•AnY emounts may at lendar'sop9art 4,e a,:ptie6 in�i:a invurso ordsr of th9 dus datos t�ereef. • • ��•
<br /> • t�. ZGlf.` ''�3'i AND PRR�AT�COYENANTB. Orantor shull nes initia^e or consent to arry d:st�in tho:oning pro+isiona or private covertents aY.acting �• -
<br /> sk�uss of the Property+cttmut Londer's prlor writtan comusnt. ft GrMtor's use o}tho('eGm.y bscam�s a noncanfcrnny uso under eny sonirtg � '�#;
<br /> provision,Orentor shatll nat cause or pettnft such uso 1n I:r 9laconUnuad or abandoneS w�tCaut the pdor vrtitton ca���01 londar. titan4or wi�i �,�
<br /> • immedtetety provide Lender with written noUoe of uny{s�cr,�d ch�nges to the zoning prcd�cr,s ar pflvaia eovenarro s�o�ng the Property. %�x�:-'
<br /> 12 COYDEMNATIOH. Grantor ahall immadiateiy provide Lendat wlth wr}tten noUce of arry actual a'frr�ssonod condemnaUon or emirtezt�on,s.:°� . --�
<br /> � . proceeding portaining to the Property. All manies payabte to Grantor trom sech oondemn�lon or t�klr��ri i�ereby assigmd ta lendesr�re�':-'a L'� �" ' �.�
<br /> • .i.;•.
<br /> appliod fltst to tho pnyment of Lander's attomoys' toos, logul exponses and other costs pncial�n� appraisal fees) in oonnecHer +�`e �'u .
<br /> condemnatlon or ominent domaln proceeclings end 1hen,at tho opUon o!Lender,to tho paymont of tCo Qb1i�SUons or the restoraUon or es�ir o!c'r.� .
<br /> . �oAe� 4�.
<br /> ne,nreaun�er_e� nrrinua 1_romnr ehall immAdiatelV otOvidO L9ndOt With WfAten t10tIC9 Ot IIny SCtutti _ ''
<br /> - 13. LENOtN'`3N{taft�Yvw;nincnv�......�.�....�....`.._..-••-- --- ----. ,
<br /> � � or threffiened action,suit,or other proceediag aftecting tha PropeKy. Orantor heroby appolMa Lendor as its attomay-in-fact to commenoo,ir►tervene —�r.�
<br /> in,and dofand sucfi actions,suft�,or othor lega)praceedinps and to compromise or setUe any ctalm or oonVOVersy partalning thereto. Lender shail
<br /> not be Babto to Gtantor for any acUon. orror,misteke, omission or dolay porttUning to the acUons dascribed in ffi�s pamg►aph or any damages � .__.
<br /> resulUng theretrom. Nothing Contalnod harein w1i1 prevant Lendar from taking tho actlons describad in this paragraph in its ovrn namo. .
<br /> 14. IHDEMHIFICA7'[OH. Lender shail not assumo or bo rosponsibta tor 1ho poAortnance of any of Grantor's obtigattons with rospect to the Proporty . �:
<br /> � under any circumstancos. Cirurrtor shali immediutely provide Lender with writton notico of and indemnity and holtl Lendor and its shareholdots. ___
<br /> � diroctore,offleora.omptoyees and agerris harmless hom NI claima,damages,liabitities(including attomeys'tees end tegat oxporsos).causes of
<br /> - ----- f1Ct10f1.acvons.surts and othor iagai pruceWing��cuc��uia�vaiy'Cidii(iS'j�it3ir3ti$!O�".3°t0¢9!!y�tnrb�Ain�. b�rt net limitad to.t�hostl inv0lVing . - -----..'.• �
<br /> � Hazardous M3tedals). GtnMOr,upon tho mquost of Lendor,shtill hire legal counsol to dofend Lender irom auch Galms,and pay tho attomeys'fesa � ,
<br /> legal exponses and other costs incuned in connection therowith. In the altarncnive.Lender shall bo eMitln�'o ompioy its own tagal counsol to defend . , t-
<br /> such Cleirrr9 a!Grantor'a eost. Orantor's obligation to indemnity Lendot undor this paragraph shall survrve the terminatlon,roteaso or foreciosute ot „
<br /> thi9 Doed of Trust. �r
<br /> ff��:
<br /> LPNE9tt8•t�FormJU�on7anno:�e�.��.ce��oree�ieao��na,es .•�aae--_----.-- � . . -
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