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<br /> -=7 �� - �-----�'-- _.- - _
<br /> �.�����
<br /> (d� Qrantor 4�as tha tight and is duty aWso ed to axaade and pertorm it9 ODItQaticr�s urtdar this Ooed of Teust an0 tt�eca st�unn�^�t a^� , _
<br /> • shnll not confl:et wllti the pravlsions ot any s�tuto.rGyalntiom.ordinanm.rutv ot ta�v.oor►tract or ot�er e�reement whtch�rr.y+�s binr�;r�on ;:5*:�� ._ " `.. .
<br /> . Qrantar at any timr. . =_
<br />- (e) �:o ecNon or proceeding Is or shafl be pending or tt�rcatarted whtch mt8fit matarfa�ry¢tteet the Propurty;and , ,;'�
<br /> cN �
<br /> .. U�nitt�f ,ot Nass povemf�►iaanrtSouanMsterlLa)whtch m�a�materWiy sfftiet th�roP�rty otla ae�s phts orerrte�r st n ttQ�.q'o(=rrir7r P��u� . ',,� :;: �-
<br /> ,,..
<br /> to thh Oeod Of Trust ,
<br /> .• 3, �WIOe�D�Ed8 OF TRIi�Y. Cirantot�ep»senb and warcanL�that Ufsrs ars no pdor deoda o!trust nHec8n8�Y Part ot thQ I�'o(�r4/a:+�pt es eat � . , ,
<br /> tortt►on Sehsduls B atttched to t4US Daed of Trust.which Gramor aprew to pay and pedorm in e timofy mannar. It thare aro�ar•f 4rMr�rtr�h of ttu� .. :;�-,, .• -
<br /> '_ . + fhsn Qrantar�grNS W pay atl amourtts a•rc�,on0 peAorm all obiigatlons roautred.under euch da�da of trust nnd U►a indab�@rar��cc�a�M��obY . ; ""ti�.�•�
<br /> end furtrier aarees that a defautt undar any pdar deed of trust stt�ll Da e detau;t undar tf+is Dead of Tn�s4 and shall emiUe Ler.dar trr stt�rifx2KS and
<br /> i rernsdi�s eor�intd heroin or In the ODiipattons to wh�eh Lender woutd Ge emltSsd in tha svent of tny othor dofa��. .
<br /> j q, TRAtiSFEAB OF YNE PROPFAi1f OA OEHEF(t�Al INTEAE87�Il'!GRRPiT0A9 OA�OAROLVEFiB. in tho evont ot a sala,u�+c+;rvt'K�•t^as3. �
<br /> AL
<br /> oxvaa for daed or tranater to er�y psraon of all or any part of tho roy pro�erty dosaibsd►n Schedu�3 A�or any tnterest t1�-erate..a�!tti nr ar►y .
<br /> - ' 1 DanefistJ Int9ra�t in Bortm+var or i3rantnr(d Botrowver or(�let►tot ia not a ntttutCl persOn or pttrsons but iu a cerFomtian,timitRd.'iatl�ilily�P�Y. � `..• .* • '
<br /> - partnarship.trust,or ott!sr tegal mntiry).Lsrtdar ma .at ita aptIon deelan tno autatandin8 prineipa!LBtanea of th�O�:tgaticxrs�!+w+sccr�.'e�d'r�are� - ----.
<br /> t R C r e o n�m m2 d:�s[y d u o s n d p a y c D:o- A t L e n B G r's c e qu s s t,dtanfor or Bortowu,as tha case may be,shall tumish a comR•et3 aW�nt''�ct�°�%��T�
<br /> a11 of ita smdd�oldera.membero,or partriers,as apAroAdan,and th�ox�nt of t4�:�r cosaE e t ivo ovm�r�►t y i rt t a r�b- .-
<br /> 5. A361LitdHr�tY OF REM'['S. fn considuatlon of th�ODii�lon9.whleh its saeuro4 by this Dnad o!TruEt,C�canntor ab3ol�t�xt�aaai�a���din I .
<br /> a
<br /> �Yarr:qr'o esta*a.ri�M,tit1s�,tntcrosR c t a tm as►d d�m�nd now awrt�d or ht»�fUruq wred in all extat(r�and futun►ea�es o! ,.o F�'eCn�i°•� 9
<br /> ' cu�tert�icnz.renEwa�ts ard suDl�as9s).ali ayfe�tn�nts tor uss and occup�rte.710!tha h a F r aF.."RY(�i!such(t3aro3 tv►d aQracsmortCt aihnWir adlHtA or aral, _ ... ..._ - .
<br /> � ' are htr¢�4tsr reterrsd to aa tho'Leases'►,and all guatar�ies of t�s��'p�Aormar[ce under tha Leve3,to9ethar wi4h the tm[r�diuts sr.nt+�nuing %..�...'.'
<br /> .. r�gM to eottsct an ycecetvs ali af 9e rertta in�ms,roaipts,revenuas,tsaues.proflts and oiner incoma of 9y�anue now aa tta�r�sr duo:`��i►�r�m , .
<br /> eny laccm�01 an naturo comin dus Qufln ury�adam�on Pedcd)under the I.�asss or from or ads(rt out of tho Pro�r+natudlsftII• ` . ,:�;�•
<br /> ' ronm,addiUanal ror�,ps raartts��rorne,parWng or eQmman arsa matntlnsna wrnribuHOna,tax and tnsuranm cantriEutlacvs.daf�atun.y rents, - . '_- --
<br /> � liquid�ted dama$ss toliow[ng defa�+R In airy Leas�.rilt proor�d�P��a ur,dar nny pal:cy ot tnsuranco covering Icss a?tr�rf�s carruttlr� from ,_ �;;;�
<br /> ' urttenartrabttiry caused by desdnccdon ar domapo to t ris P r a p e rt y.e l!p r o c e e d�p a y a b!a as a rosutt at a Is�ee's exers;isse af are a .�ac:tL�r:n.�hs.se tho . -,�_P- -
<br /> rs e
<br /> P�eparty.all pmcaeds darivsd irom the tertnination or njscttan o!arry Leaaa in a ban9ctupiry or mhsr inso,vancy proeeed�nQ,er�a!1�a from _.--�-�-
<br /> � arry dghts and da3ma of azry Mnd which(itantor may hava ag8lnst any[esss�undar tAa Laasns or ury ooeuparns of the Pm;marsy{alt�s�1l�t�airnce ero , L=�'.�.:�,,.
<br /> ( :.' :;',..�-;,_.T.-
<br /> he�ea�tnr caitecl[vvsly referred to as ths'F�rttuh. This esstgnimrtt ia aubject to the dgtn.Ooxrer and autrtoriry g&en to trie Lersbar ta eatiuet�rrd aPP Y :
<br /> ec ` �.
<br /> the RerKs. Thts asslgnment ta recordad in aaordance with aPpticabts sate law,ths lien aea�d by thEa a�gnmeM is tiroteydrad ta�t spaetfiR .. .. �:,�,
<br /> � RErtecmd,and ehoats upon th4 record'mg ot this�Deed of TrusR atl as provl�tcd�l►ePPft�bta smte law ae amendet!trom�r��mrt: Px tony ss - �;���;
<br /> . there(s rto default under tha Otiitgations or tMs Dsed af 7n�t,l�ndar grants Gr+unor a revocab►a ticense to cottect ell R� frac�Yn�'�w�en f�,� �•�Sr-.�,'"'';' ..
<br /> ,f cic.re and to uss such Proceeds irt Gramor's buslneas oReraHorss. However,Lendar may at any time rec=uire Qrantar to dapCSlt 811 Astrs iMO an ,.�.� '. ��-.:'..
<br /> . c . •v� • •
<br /> ssselu�t matr►talrtsd by Graritar ac l3nder et Lendar's tnstFddion. Upan defauR in ttro paymert of,or in the pertormance af.er./c�"��t�IEGgations. '� .• . 4_�i..?,��'.`.
<br /> --- Lender may et ita option tolco�-.-.�ion ot tha Rroperry end havo.hotd.manega.teaso and apareta tha RroP�j on teRns ar.d"cc 3 psa4o0 a!ttm� ,. --.__,.��
<br /> shst t.eadar Qas,�pm(s�;. Le.-��a:cwy grac�ad to cails�and rtrt�hhre e�! tfi�nt�s i�om the propartv.aad�,der sfiait hava hfi p:aw to malaa ;[��=_;%�+�.:a-_.:,;�.,�_
<br /> !
<br /> altarattons,renmratlons,repsirs ar rapYacerr�e�to the Rroperty as LsnCer may desm proptu. Lender msy sl¢R[�aI1 Fiema in i�rarisr i��d+�a�cts .:f;T .",:_;�
<br /> to paymer�t a!the Ob1i atlana ce tv the paymarrt of the cost of sueh atteratinns�renovaUans�rePalrs and reCta�mar►ts er�.1 ary oarpr3tnca tnc[der�t to .{:, , ��;,:, .�:j °-� ,
<br /> tafctng and retetning possesstaa ef the Properry Pe�fodicairy and fhe msn�gement and o�ra�fln of the Prope+ty. Lendar mri'�+���OP�M► r. , , � �_;
<br /> prapedy insurod and may d[sdt�rge any 4axes,chargss,datma.�s�ssments and other lierts vch:eh may acuuo. The e�ocae�r�n1•xsst ot these F�1
<br /> :`.'i actlan9 may ba pald irom the Rsms received�a►M nny unpaEd amourna stwll be atlQed m tha�%�^.�F�of tho Obllgarians. 7h�ao ar�cunhr,togelri.`r :,: �' �. .
<br /> � with other casts,shail become part of the Ob1lgaUons secured by this Deed of Trust .� ._ `�"�� _
<br /> . 6, t.E�SES AH�OTHER/IGRFEMENTS. Grertmr shail not taka or fatl to tatce arry acticn whish may causo or pamut tt,�s tjrrdrtr3�x�or th9 �• , �
<br /> �
<br /> . . wit�holdrtg o4 c.ry payment in connacuon with any leass or ather eflrcemertt(AgroamonY)pertalaing to tho Property. M adC28ac,Rr��S.a,viithout �:..-� .n. .
<br /> Lender's pdar written oonsaat,shall not(a)cciteat erty monfes payrabte under arry Agreement more than ons mortth in ut+rr�eo: (1.1l��Y�Y J.; }
<br /> • Agreemenk (�)essiS�or silow a lien,securiiy irM.erost or ather encumbrence to be ptaced agan C-sanmr's rights,tltta ar.d lnOtmmt tn�,ncx!bs any ,_ .;
<br /> Fgreemem or the amounts pnyable tAereundar,or(d)mrtnirts7a or cancel tmy/lgreemont ez�i fw the nonpaymerK ot any a�an ao�(j'ro�matertai ,,,�, ,rt;� •
<br /> �by tha othar party tharoto. H Qrantar rcceivos at ar►y time any written communleation asrr5n8 o detauit by Qrarttrsr�r sro,e�Tmomst�t or •
<br /> `;;f,.; �s�erttng to terminats or ear►cel any RgFw�cerN. (ireMor shall promptly fotwacd a eapy of such carrmunicaCan (arrrd sr5f srd�2equent --• 1�,1:. '
<br /> ' eo�mmunt�re�atin�thorEY�o)to Lsnder. �II eueh Agreemsms and the amourna due w Qrantor thas�nc usfz�r�hormtry ar,ot�srtt�h��LinQa►as �`;�'-= ` i4>?�. .
<br /> ::�� '�f,
<br /> r ed�tlonat eav��tor the Obl?gaalons.
<br /> :'"QC,t, 7.tALLECEif�Mi(DFI��DEBT�Dt�ES3F�CQ�9'f'f3IR0PAAiY. landershailbesrftitt�dLonotifyorro4uUeC�r•�eonaSffl/tu.yttfrc9_l�9�4U�u�lr�. ,
<br /> !�
<br />� • but not limttsd�.fessess.Iiansees.8avsmmerf�l wU�orfties end insutcnco compan�)to PaY Lorttiar arry indeGiedr.e�x o�l+1�aA'utnrsutn9 to ;;..r.'�
<br /> (3rotstor with resJ�eet to ths Prape�t�l(cumu!ffiNsN'htdebEsdnes�)whsther or nnt a detauR ax(sta undor thIS Oeed ot Tru3t. Qm�r.�5ic ahritl��9:fiperrtly
<br />. coVect the tnGetrtedness awlrt8 to Gtantor irom th�e thicd paritea unUl the pivin0 af auch natifrratl9n. In the avent that Q�a�stcP,nx38tonoo.ar mce�ves ��.
<br /> afr
<br />� possesslon ot any instrumsrna or other romittances with respeat to t�a Irtdebt�ne�to�fowicrg tlw�hr(n�of sud►notiflcatIan or jf tl��r�RL►svti�ttb or � .
<br /> ather rom(ttancss constitut�tris prepayrnerrt af�rry Indebtednass or t�e paymarrt of arry inruranoe or condemnaUon p.�caQds.(3►atmtc•rJUI�hotd . �---.
<br /> " su�h instrumeMS and other romittancxa tn trust for Lender apart from tta oiher pmperty,endorss the Irtstrum�r�aad ashar rwtviLU�a4 Znndu. -^__ �
<br /> • and ImmediatNy pcovide L.�nQer with possssalon of ths instrumer�and other romitb�oea Lsndat sha11 be emWed,b�uZ nai�c�dntd,i,�at�t�xt(bY :.,;;.. �. ;�,.;—
<br /> � tsgal proos�dinQs or olhsrwi�),extand the Umo for paymartt,oompromise,�ange or rotsass ury ohligor ar eoilateral.oc ro5lutvdn�ueC�m anY of ��._ - .
<br /> . • tha tnQebtednes�whethcr or not an evurt o1 defautt axista undar this Aproement. Lender sha�i not 6a tlabU to Qrantar ter ar,*f actia�,,nmth m'.staks. Y:,�_;L._ _ _.�._.._.�
<br /> omisslon or d�iay oartaining to the seUOna Qescribed in th[s g�cu�raph or trry damago-s resuSting thosetram. NotwIths�tar:dtnp tEa taca s�ta�.•notbirty `�,`�,__
<br /> hersin shall cause Lsndtr to bs daamed a mor�qf�peo-in-��. _" ,
<br /> 6. U5E/WD NWHYENAHC�OF PAOP€iiYY. 6tantor sRaY:Yake ail acUons and ma�a.'ry ropalrs neetfed to malntain tha R'Cqatt�,in,gaod
<br /> oondiUoa. (irantar eh�il not commH or pertmt,�y wasts to be committed xit�raspe�rt r��ProPeRY• Grantor shell uae 7Lu R'opr+rt!•$ctoty In �.,
<br /> eompIlancs v�ST spptieable Iaw and inwr�e ta�►tde�. Grantor ahali not m�rs any a'2�r�a additiona or improvsrrertos m ttm�1c�sa�ni w'fthout �.-��--_,-__-`_����
<br /> � Isnd�r's pr'.�+v.rt�an oonsent WMout Iim:�.�me forspoinp,all aitarations,�-.''ons e�.��-�provemertta made to the Peopj�:y st'.nl7 I»suft�ec!to -..�,,.�;�T. �_
<br /> tt�e beneEaaD�r,rre�st belor.�iRg to Lender.shall not be romowd wlthout Lender's prior xrt:�a�nser�L and aheli be made at Qrar.tACh aa'.o e�nse. :.�;�-. - "
<br /> e .
<br /> �f,L�p$g p?j G/f:e�qRiE G.-a,�trsR sha(I beat the enUre rlsk of arty toss,ttfsft,destrucUon or cY:..::n�ga(cumulatively'Loas or Oen��a���a fhu Rnperty or •^ ���:
<br /> .�m�:cr�,Ys!�ECf irom�+y.i�se whatsoever. In thv evoM ot eny Lass or Damage.C.-�'.�r ahell.at tho opUan o}Lnrutar.�QFnIn�4M ffitected ,�-�,`-
<br /> �.�.,.x�:;,.°-�--� .°;.
<br /> Rn��,;,�p-xv:oua car.�m�or pay or cause tn b�p�id to lander the decreass fn ths fair muket value of the aHected t�n�jr. �{ '.
<br /> r.w 4�a11xQ,Gttp'c. The Prcperty wlll be t�Insured tar tfo tuil Inwrabte valua(ropiacement cost)egah�st all hazerG3 Inatu�Inm ac+b a dnmr�q� �„:�"3• . ^�f,
<br /> �;::ee yy�lla�,earthquake,tomado and fu�;�eft or other oasuariyto th�c�r.rt mqui�rd by Lsnd�r. Grantor mrry oti�ln innueumo umifQ t'ns�aerry � ,
<br /> �:m such�maanis9 as�}t 3oceAtabie to 3.ender in im sote disaeUen. TISO insusanee�alides shetl roquirs the Innur+u;ao�cnpnn��tD Rr�'rids -=�_,,--=----____„T
<br />' �:andu with at teast dsy�vrritten notics t:etcre such pof;c�es ars aitcred cc cancelled tnarry mannor.mn tna4�urmo poAstea st�at� --�+:��<<x?'�'�-'.-
<br /> II
<br /> rc,�me landsr as a Ioss p��sre 2nd provide that no act or arrtission o/Q�ntor ar any oit�a aorson shatl affoct tho�Ipht of�r�ts b0 paid ths .- ,
<br /> � �rsurancs proce�da pertafni-�ta the iass cr damaqe of ths Property. tn the ovent t3rantor fells to aoquiro or malnm{n jaautur�o,ixad�r(aft�r
<br /> pro+ridirro notics as may be nqulr 4y[a��in�y!n Ib diacraUon procun appropriata inr.urence coverape upan th0 PYap�rC/artd tltu innuranoe cost �•
<br /> ? shai!be an a:�ancs payabN nnd b�rL,d tnlmunt as doscribrd In Paragrnph�and saeund hereby. Cmrttar shall t`umlah 11,ndor��JUr,oJl2ance ot _
<br /> <�:• :.., • insurance�:1�ng tAe rsqulad oave�s�. I�:r.der may act as attomsy�rttmx f�(iramor in making a�+d aauftn�clsim.,n uadar'nnu�tr.ca po.icioo.
<br /> ��;:',; , canceliir�q cml•�r�licy or endorslny Csa.'�ra�'¢�iEme on any draft or negatlab:rs ins�umertit drawn by arqr in�,rar. k!!Quob inwmnao pafa¢a afiall bs� ....
<br /> . immed�at7�s�o+�ned,p`.e:9,;�d a-.d ee�:•,�e;ad to Lender a9 further sseurity tor�e Obiig�ona In ths�vana.��costs,araninr�hail'Itt�a�:�aaty�ivs �;,.;�,, `.
<br /> Lendsr wr.^s4:noUCa anC I.iuscEta�ls authorhed to make proo!of loss. Each insuranca mrl,am��s�;te�cieC to maku puy nrtW dintctry to land�r �"��z�s���°_
<br /> inatear7 01 to Lender ond 6t�str.r Lender shatl have the r1 hf,at its sote optlon,to a�{�hf au��rrtrr;ce�toward the OD�i3nfiOna or tativsrdtho oost o!
<br /> � robuilding a^d restaring tte��n;periy.My amounts may at Lend�r'e opUon be applied i�tt't!ir.�:�se ordet of tho duo ddtao thamot. �.'�,�:�'"����
<br /> t1. Z6Ttued['i1�9D PAIYAi'E�L'if�t�lAH1f?. Grantor ahall not InitlaYe or eonueMl�any chas:ge+n�Ae zar3�3 pravislano or{utuzto ca�cnar.fu aNecVng , ��. ��
<br /> ' the use cC U:a I�c�perty witho�t Isnder o prto�written conseM. M Qranmr'a usu et the Ptopar.y baCO:rruu u:non�onfarminQ�n u��Kat any zoning t ;�i';.;��W, i
<br />`.;,,.;:' , provisir,f;lmiir�r sf�all not es.use or pa.rntt•such use to be disoontlnued nr ahr,�:daned without ihe�ricr wriitan r.oaceaf of landot. Qruntnr w3i1 {�; . • :i,��;�;•:
<br /> • � !rr.mediatety provide Lender�wrftten rso"so ot any proposed chan es to tt�o�enin pravisia�a or prlv�:.n�rer.antn etfoctinp tfio PtcQsRy. • �={k�:;�4`.. -
<br /> S 9 i .:�.� �._;F:. '
<br /> f2 CONDEtINATIOH. Cvmtcr•shall Immediately ptavtdo Lertcfor with vrritton noUa►oi s�ny mxual or threittonod CondocnnrQian ar eminont domain � .� �.:,t•,,,;,.. ,
<br /> proceeding pertatniny to tt:e rrc�arty.Ail monlas payzblo tr�3:�ntor 1rom such condomnc�cn nr taking are Aoreby�na910 Lendor and sha11 be E'<i -�,,,�;._-
<br /> t
<br /> ' apptled flrat Lo the paymerrt ot Londar's attomays' fees, legal expenses and other cCSi¢ Gncludinp appraloni taos) In eonnoction vrfth tha � ,;
<br /> � candemnaUon or eminent doman proceedings and then,at the optlon of Lender,to the payment of tAo 0414nationa ortho reotamUon or repalr o1 the � �µ'u s
<br /> `'�:�,.y;;=':
<br /> ' � 13.�L�.�GDER'S R[Glif TO CO!!lFAEQdCE OA DHFEND LEOAL QC710?a9. Gramor shall Immodiawly prev:do Umdor w:th�v�Ittan noUoo a1 any aetuai r;'. . :t; -
<br /> � or threatoned acUon,sutt,or other proceading aNec�ng the Property. Grantar heroby appolrrts Lender as iw aimmny.�mtact to commanra,irrtorvono ` •_ , _
<br /> in,and detend such acttana,auits,or other Iegal proceQdin�end to compmmise or settlo t►rry claim or contruaatsy fmnaininp thore4o. Loncter shail [�• . .
<br /> ►r
<br /> not be Uabfe to GraMOr tar ar�yr acdon,ertor,misfalce,omisslon or de1ay pertalning to the actlona describod in 6110 pnragroph or arry damagss ,
<br /> � resulUrtg theretrom. Aothing contalned hereln will ptevent Lender irom taklnH the eetions dor�cribed in this p�ragruph in its o�vn namo. . _
<br /> 14. INDEMHIFtG1TtOH. lender shafl not assume or bs rosponsibts tar the per(ormance oi arry of Grantor's obli8atlnns with rocpact to the Proasrty . . �."�
<br /> undar arty circumstances. Grantor shail Immodiately provida Leader wtth writton notica of end IndomnNy end hotd Londor and its shareholdera. • .
<br /> • directors,offlours.omployoe9 and agenia harmiess trom ali elsdms,damnges,tlah(Iities pnctuding attomoys'tae�and logal ex��nsesJ,causes of � .. .
<br /> actian,acttorts,suits and other t�gal proc�dings(cumutuUvaty'qaime�pertalning to the Prop�Ry Qrtcludinfl,but nat Urtsited So.thcso immlvirtg ,_ _
<br /> Hazardaus Materiats). GreMor,upon the request of Lertder,sha11 hire iegel eounsei to detend lender irom such Gaimo,and pay tho attomays'feos. .
<br /> _,_-- -- !ygy ax�ansea anA orher coste incurrod in connecK:an therewith. in the altemaUve,Lendsr sfiull b9 entitied to omptoy�in rn�m laQal counsei to defend
<br /> such Gnims at Grantor's cost. Qrantar's obligatlan to indomnify Lend�r urtdor this par8g�aph shalt survrvo tne tertnmanon,rateasv or ivrec�swa ai ��-�-- -- --°_—
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