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<br /> (d) pruntor has ih�pht�0'i d�}�+�Ot�ifttl ro an¢cuto and paAorm iYS Obtigationa under UtiO Deod of Trust and these actions do nat and ' -. ''�=-;y,-,
<br /> ' ch�li not conffiCi v1i2h tN0 provlsfon8 Cf eny e43Wto,reguiation,ordintnc0.ruls of lav�,cont�act or othnr egn►ement whlch may be bintlinQ on ::_'-
<br /> (iranter at eny ume: >st;��
<br /> � (a)No mctlon or proce�dinp Isor shal D�Randing cr thte8tened which mlg4�t materially affoet tho Proparry:arsd � . ;����
<br /> (fl (isantor has r.ot vlolat5d and e�a11 not viotats nny utatote,reputatlon,otdinanco,rule of law.corttrnct or ather egreeme�t Qnetuding.but not " -r'.__�
<br /> j Iimitmd to,thos�pawmin�Fta:a:dous Mat�rials)whleh mlght materially nftact tl��Prog¢rty or Lor�dor'o riphta or Intorest in tho ProR�rty pursuent -`""�`
<br /> . ,; to tAia Qesd o1 Trusl. , ---
<br /> ., � 3. PRIOR OEED9 Of�'AUSY. �mntor reprosento and warrtnTS thet thero ero no prlor daeds ot Wut nNsetinp any part ot ihe Propart!oxcept as sot . .
<br /> , foM an ScRedute B att�ch8d to thi�Oead af Trus�whkh Qtantor agreo3 ta pay end perform in a Umety manner. I!thers ere any Priar dands of hust :�
<br /> i tAan Qrantor agmes to pay atl amounta aXed.8nd ptrfo►m alt abtigatlens required.under such deodn o}truot and the indebtednese sesurad thsreby ' �
<br /> - ;'i and turthar ugraes that a detauft under any prlor dted of trust ehyl Ca a dafautt untler this Desd of Trust and shell entltta Lendar to all rights and �`"
<br /> remadies eonmined herein or in ihe Obligat�ons ta Evhich Londer would be sntiUed in the event of any other dofauit. • .
<br /> 4. THA?3S!FEHS flf THE PR�PFAT1f OR BEtdF�S�lAL INT�OESTS tiJ QRAPJTORS OR BOARaVIFAS� In the evont o!a sals,corneyance.:easo. , __
<br /> cantr�ct Mr deed or transf8r to any person of alt or any pp�tti of the real proparty desuibed in Schstdulo 0.or any interost thorem.or o1 all or any 4; -' - - __
<br /> benefidgl int6rest in Borrowar or Grantor(if Barravror or GrBntor is nqt a natura!parson or pereons but is a corporation.I:mitatf Rability companY, �
<br /> , partriership,trust,or other legal entity),lende�msy,at ib option dadare tho outstantling prindpal balance of tha Ob1lgaUons plus accrued fnterest i --
<br /> tfureon immedtately due end payabia.At tand�r's requost,Gran�or or Bortawar,as the tx�e may be,shaU fumish a complete statarrtent setdng farth =
<br /> � ell of Ibstockholders,memEerd,or P3Mets,as apy�ropr�ate,and tho extent of their respactiva ownership intaresm. '
<br /> S. I6SS(tiNMENT OF RENTS. In con9iUeration ot Ne OGIig2tions,which ara secu_�ed by itfis Dead ot Trust,Grantor abralutety sssigna to Lentler all
<br /> (;rantar'e esmta.rigM,tiUe,interest,daim and demend novi ovmed or Aaresftar ecqu:red in all euisting and futuro ioasos of ffio Property(inctuding , --.
<br /> eMensions.renewals and subleases),all agreements tor use and oxupancy of ths Propsrty(ail such toases and agresementa whether wrltten or arai, `
<br /> are hereafYer reterted fo as the'Leasea� and a!1 guarant3os of l�es'pertocmarece under the Leases,togsther wflh the immediata and continuing a'' ; �:,�.
<br /> ':' rigM to calTect and reeeive sil ot tha mrNS,fncome,rsceip:s,revenucs,issu¢s,profi�end othsr income of any nature nrnv or hotoaftot due(nciuding
<br /> arry in�ne of any naturo cominy due dudnp eny red2my:ton padod)undar fho Lsa,es or from or aris3ng out of the Property induding mintmum
<br /> rontn,�diUonsU rente, porcenlage cents,paridn�or common arca mairY.ananco contributlons,tax and insurance eorttrfbutlons,d$ftctency rerns. -- - _
<br /> uquidated damagea ta?owing default in any Laaso.e11 prxaed3 payab'e andat any pot:cy oi irrsuranco eova�ng Iosa o1 reMS resutdng from ,; --—
<br /> .,.� untenantaDilityr cauctd try dastructton or dam9ga to tAa Property.ali prcoaeds payab:e rs a resutt of o Iflsssa's etterciso of an option to purehase the
<br /> A rtY• P . �ll rivstCY �1►R�cce 9• Pr° '"� �=�.
<br /> Pro e al! r�ceeds Csrhred from ttie termtnat3on or re�oetlon o1 lease in a 6an. or other insohron edin end WI ceads irom 5+-•
<br /> �� any rfights and ciatms wt eny ktnd w:hi�.h Cirantor msy have agai�st any(essee under U�o leasea or any oocupatita of the Property(all of the abovs are ""'�' ;:
<br /> herea$er collecUvety rerferted to aa tbe'Rents�. This ass[gnmeM is sub;ect to tha dgM,pawer aruf aviharity glven w the Lendar to collect and appty _ _ .
<br /> . ihe ft�ma. Thl�8sslgnment i3 r6eatriad in�txordanca wRh ttpplics4S�steto law: tho Iten creetad by This assignrr�9M is ir�tended to ba spsciflc, + , ,
<br /> pertected,and choato►i,�on tha�scording ot th(a Daed Ot Tnist,ail ea providad by t�licabSe state Iaw as amended from tima to tlme. /L9 lang as e�'•°
<br /> thero ts rto dofauYt un�ec tt�e Obitge2lons or thts Qoed ot Trusf,Londor grants(iroMar a sevocabto Iicenss w coltsct atl Rfenta from the Leasea viho� ,�.'-_...�
<br /> due and ta use suct►praceeds tn Qrarrtor's bvaineas ap3rattons. Hovrevar,lnn3ct rce3*at any time require t3rantor to Qoposi!ail Renta iMO en .• ,_i����.r:.
<br /> � axaunt maintai�ed by(irarttor or LenCet et l,and�r's ir.r�itutlon. Upon dotaufl in tr►s GcJ-meM of,or in tho peAarmance oi,any of the Obiigati�ns, �,•��ti -�,,q�,;;_
<br /> Lender may at fts opiion take ponsession of the Property and havo,hotd,menaga,!�r and opsrafa tha Proporty on teans and for a p3riod ot timo �- - �•----°
<br /> t� that lender deems proper. Lender may proceed to collect nnd receive a11 RBnts iram the property,and Lender shaU have tuil power to mak0 ,i� :� -a"�"
<br /> alteratlons,ronwaUorts,repairs or repimcemsrtts to the Piroperty as Lertder may deem propor. Landor may epply NI Ronffi in Lender'9 sole diacroUon , � ��",; ��`
<br /> to payment oi ths ObligaUons or to ttie paym¢nt of the cost ot such e'!�atlon3,renovaUons,rapafm and replacements and enyox�e nses InciQent to ;�. •w;,�'*y'�i�:
<br /> taktng artd rotnlning posse�sfan of the Froperty pariodiaalty emd tha management and operatlon ot trie Property. Lsnder may keap the P+opertS► '' .. .. `�,',�!-r',��., "-'"'
<br /> . propady ir►sared and may discharge any taxos.cfitrgas.dalms,a,sessments ar►d other liens which mey accruo. 7No eupense and cost ot tTtese _._.';:. �.<<, ,.. YO'::
<br /> actions may be pffid from the fknb mceived,and any ar,�.xsld amounts shail be added to the pdncipai af the Obl'vgatona Thosa amounta,together ; } �.
<br /> with olher aosts,shall become part of the Obitgations ao�::ed hy ttrs 7aed of Tncst Y '. .;,:�;^�.: '
<br /> . �i',
<br /> 8. LFA�ES AND OY�DiER AS3�Eh�llENT3. Qra+�or shali noi tcke:�:tail to take anY acKion whlch may cause or permi4 the terminaUan or the .::. �<�• .,';��t � �,_•
<br /> wHhfs.[31�g ot any payman!In cortnecion wNh any/laaus ot oL�r q�.ffemartt('Agreement")perfaining to the Property. In addi4lan.(irar►tor,wtthaut 1�+',�`'�,':•;�'S.� F�+: 91j y.:
<br /> len:ee'��rlar writbn consant,sha11 eot:(a)caltaoi arry manioa pay�S':3 under erty Agreemortt rrtore tfian one month tn advance;(b)madlfy tiny �,- �:..;;;,:`�;:,,'�,,';� :.a,.'
<br /> pgreu.:��(c)assign or altaw a Iten,security Intares°�:oL'rx e��^�Drartco to be placed upon�rar+tor's rigM0.titie and(nterest in al►d to anq J�,+"��y��� • � �.._!t►
<br /> ,�
<br /> Agreement or the emoums payable therounder,or(�)4�r.�rrinata v-a�e!enY Agraement oxcept for tho nanpeyment of any eum ot ott+er rr�abirtr�l r�• 1. y •Y�:�.�!�4��'� `.'�• .'.
<br /> broach by the ot�or pacty thereto. If Qranwr receivas aa ar.y Nm�crg written oommvr,t�Hon asserUng a defauit by Qrantor under an lgreemant or .;:'E.-:,�:F�;��j��•I:'.s 't ',,
<br /> f � ' .
<br /> purpo�ing tn termimr�e or cancel eny l�raomsnt, 13re�tor shti'� orompUy ts�d a copy of sucri commuNaatton (and eny au6sequont :.X•r};:r�:; � `�.: .,.:
<br /> .�:r�1 ',
<br /> • communicaUons reluttnp thereto)tu Lender. Ail3uch Agreartwnts a=�the amounto dus to f3�ar►tar thereunder are hereby erissignod to Lende►as �•t •'.•:.��:�r,,;..'i,�';`y��y� h.t�.
<br /> an e
<br /> addiUonaf sxuritytm the0bllgatlons. 4 � ��� ,; q
<br /> - T. COt.lECTtIIN OF INGEBTEONESB FRQM Tii1FiD�ARTY. L.u�s'shall bo ondttod to rtotity or�equtre Orantor to natHy any thisd p�tty pnciuding.
<br /> but not limited to,tessee�,Iiesnaees,povamm3rWit authorWoo and insuranco companlos)to pay londer any t�debtedness or ablLgct on owtng to � .;•�.�:��:.+` �..';£�:�.�:
<br /> ' �zbtednaaa vfiether or not a defeuit exist3 undet thi�Oosd at Trusi Granmt shefl dfifgerAty ��It'�1„ ,t,r i�'.
<br /> Qrantor wfN re�pect to the Property(armulaNvary tn ") •
<br /> a '
<br /> wltect ths tndsbtednesa awing to(irantcr irom thncoY.��et parttoa unUt the giving of nuch notfficatton. tn tha ewnt t�at(3rssntor possessaa or recohrta � • '��''�°�� '`�
<br /> ^�.... .'::.',.�•tofe�':;:..
<br /> . poss�utor of eny instrumenta or other remttancaa wt':�.�:sspect fi�e Indabmdness fallawlnp tho gtvine of ouct►rtatttie�an or it the inewmaeto or .r,t,; •. =•;f�;,,-y�y.-.-_-,..,.
<br /> other remittence9 com.�Utute the prepayrtent of arry�Stedneas or ths paymsnt oi any inrurencs or condamnnC-�:r�srocaads,(irarito�shali hotA � y ,;.. :��.-
<br /> - euch insuumerrts and otMt romilttrtcea In Uus!for Wnaer cpus t:�r..is�oiher proporty,endorae fhs Inatrumefro aaa other remitmncos to Lendot, +��a� r=u
<br /> and tmmsditnry provtd�Urtdu wtth possesston of tho Instru;sx�r"s�a.�:d othet remtttanc9s. landar ahnil bo errtitte�,tr.rt nct rcquirad,to coiWct(hy E i ` ""�' •�•
<br /> tepal Pro�sdings or othenvf3e),extend tho Um.a tor payrsvrrtt,com�romiae,exchnnpe or releasa any oDit;{ot ot cd�ral.or othon+rlso settlo arnr af �,� i:: •" ;.:�'� �'•
<br /> • fa t er,"r3'S under thla nemenL Lend�r shali not bs Bablo tn QraMCrfar action,umt,mi�. ��?:<��� � _. �-•-- ```
<br /> !he tnd�bt�dn�sa whefhn or rtot an event ot de u t Aa �►fl
<br /> omiaalan ar dsisyp�telninp to 1M aotiane dsscribad�Ca't7�ia par�{rtph or arry dars��a rosulUnp Meretrom. NoMifh�unding the fotepoing,notht��({ .��r�++�-�-��=-
<br /> h�nfi s9u11�usa icrtdmr tn be deerrted a rteortgsgee�a�posaeaaton. .;�'.'-=� ;, Y• ��
<br /> � !. USE AND IYWNT�i41tiCE OF PROP�6iTY. Cirer►tor�hall tniw afl acHon�and rnake t►ny ropaito neadod ta maintaln Yno Propofij in�ood � �-
<br /> conditinn. (irurtor shafl not comm.�f or ptrmttorry waato to bm cammitted wtth rotpoct to tho Property. Grantor ahulf uas tha Pmpsrty solory in •�;.�3;�`-�' ,.�
<br /> complience with appUcabie law art��r�utance policloe. titantor sha0 not mako arry arioraqona,addfiona or Improwmonta to tho Proporty wi4hout -.aw+�,r��-
<br /> Iander'a prbr v�rtittsn consertk Nht`r;.nt IlmlUng the toregaing,aD a'�ona,addiUona end imptovementa maQe to tha Prap�ny ah�f!be subjoct to ,;.��
<br /> .;� t A s b en s f i C l�f i n t e n n 6 e ton g i n y t o L e n d a r,s h a U n o t b e r e m o v e d w ii'.oW L s rt d e r'o prl o t wri tton oonFan t,and cha11 bo mado at t�rantot'o sote e x ponsa. ., �-Y-���
<br /> ran
<br /> '• { 9. LOSS OH DAMAGE.Orantor ehatl bear th0 o�i'.re r�:y,�of ony loss,theft,destruc2lon or damuIIe(cumulntixaly'LOaa or Qt�maga')to Me Property or }d�`='i`�^ • �.�-.
<br /> 1 any poNon thsnot irom arty cAUSe whatsoowr. !,t��evertt af any Loss or Oramrr�e,Orantor ahnfl,ut tho aptinn ai�+nder,repair the aHected •. :s:.�.:s;,,,�����
<br /> .•:�� Prop�Ry to ke previous condUon or pay or cauao ta b�pald to Lon�ar±.�o daasoasa t�L+�m tuir mtuta¢4 va7uo ot tno atieotod f'tCpnfij. .•• --�•�:- : .
<br /> • 10. INSUAAHCE, Ths Property rr3G1 t�kop!fiuurad 40►im tu'i E�u�o�io veluo (roFlcoamont oa�a�quina2 NI hn�Wa Ina�aditefl len�ot damage r:-,.. � �;,•,;,�.•�
<br /> ep
<br /> •, � caua�dby tlaod,earthquako,tornsdo a^.d fl%thoft ar other casus':y tm:�a extent repuirod by Londe�. Cx�untor mny abintn tnsurartce�+the PropeRy •- � � •. . ..
<br /> . . from auch companlea at are acceptapTs to Lender lo tb sole d;srr.uurri. Tho InJurane�pWf�ss ePrfA requlro ttio Insvrana�mpa�►y to provide �...,;,�'�+�?';� �•_
<br /> Lendx wlth at I�an daye'written noUcs Gfocs s;•rJ�pa'iefas ase m`:rorod or cana91ta0 in any mnnrror. The inaurancs poAdn ahafl ��.�:�: _ ��
<br /> � nun�l+�ndv as a los9 payes and provide th81 no act ot om!aslon af Qrat�4ot Gr ur,y otiiot ".`y''��`�` ��•—
<br /> ForEOn nho11 uHoCt tfio rigM o1 Londor to be patd U:o ���„4,�., �
<br /> , Inauranco praco�Bs{aermlNnp to the toa9 or dunage ot th�Proptrty. In tt��-�asst�3canmr tai's ta ecqulro or malntain Insurence.Lender(at0�► : �:ti__.-,,-�.•-.- �'.
<br /> . . Drovidinp noUce as caay bs requlra�by Iaw)m3q in ks discrotton preci:re appmpriute fncurano�eavvropo upon the Ftoperty and fhs inaurenw ccn . .:;�;. -�,•��,�;,t:,.
<br /> - ahatl b�en advana payibf�and btarf�g intetest as desmibtd In Pa.�taph 23 end ceaurod hnteDy. O antor ati�tl tumiat�L�nder with�vid�nu oi �
<br /> Inwan�indicatinp th�requind env�ng�. Lsnder msy�et as attar.�eydn�t�ci for G;antor(n mokk��and astUinp ctaima und�r inouranco poiici�s, • 7 '_
<br /> - canoeliin8 any policy or ondoralnp Qr�ntorb nama on any drafl or nepoU�Dlo InC�vmorft Crawn Dq�y tnswrn. All suoh insunncs poila�ea ahdl be , .S;,.:::�,•
<br /> ImmadLltety nssipned,pNdged�nd Qilivend ss lender a�furtM�aeeurity tor tho O�tigaUana b�tha event of tosa,QrenWr ahail lmmediatsty plva . �
<br /> Lendet wr(tten noUce and lander ia aulhad:ed ta msko proof of loss. Ench inuerana�enmpnny ie direeted ta mako paymenb direcity to Lendor , .. ,
<br /> irretead of to Ler.der and tirantor. Lender shall haw tho r:gM,at its eotm optban,ta apply r.uW+mantee toward t�'te Obitgatlano or toviatd the oost ot
<br /> :1 ro0uitding and ces�::�:g the Property. My em.ounb may at Lender'e optEOn boappliod ii tho imrtrat otdor of tho due datea tharaof. '
<br /> '. 11. IQ(+E9IV0 AS�3D FRNATH COYENAMS. firantor shail not IniUate ar contarrt to eny cluti.opo in 1ho coNng pravislons or pNvate wvenaot,o aNacting
<br /> thm u:o af the Property withoul lender's prior vrritten oonaent H QvctntaPa u�ot thn Prnporty boaomea a noneonforming use�nder arry zaning
<br /> � pcatio'v�.(;tanmr shall not cau�e or permit suuh use to be disconiinuod or aDOndonoJ wiihout tha prior wrHtan consent o1 Lundar. (3rantor vdll • , . �--
<br /> Imr.:aQia�ety pravld�Lender wlth written notice ot any propased ehangoato 2tio zan:np prmrislona or private covenanto eNectinp the Property. —
<br /> 12 OONOENlUti(�iM.prantar shaillmmadiaWly p�ovtde londer�v�tfi Yrrittan rtM'r.o o}any nctual or thmatened oondemnaUOn or eminent domaJn . .
<br /> , • proceeding pe:ta'r.Irc�7�tho Property. All manios payabto to Gtentot fmm ts,tfi contlomnaUon or taklng are hereby assigr.od to Lender and ohall bo • � •.
<br /> appfied flrst o� th.n r.�yment of Londer'a attornoys' teon, Iegal o:Fontus end othar oosts (inctuding ap�raisat feea) in connection with tAo .
<br /> oondamnatlon or es^�nent domaln proceedings end thon,at tha opttoa�M f,t�slat,ta the paymeni o1 thA Obtigatlons or the restoration or ropair of tho �°`
<br /> . Prcperty, � � : �:
<br /> � 13. LENDER'S 81(iHT TO COEt3kQ�'sCE OA DEF�ND LEGAL QCTtQ(�9. Gtantor shatl immcdiutoly pravido Londor witi�written noUce ot nny attual . . � '
<br /> or throatened acUon,suit,or other praceeding aHocting the Proparty. C�xu+tor hereby app»fMs Lender as its attomey-in-fact:o cammence,intarvane . c •
<br /> � in,and dafond ssuch actiona,suib,or othor 1eg31 proceedfng9 and to oompromise or aettte tny claim or controvarsype rtninins theroto. Lender shall •
<br /> ��j not be IiaDts to prantor tor arry acllon,ertor,miat�k�,omission or daay pert9lnlnp to tho irctiona dascribed in thle paropraph or nny dunngan ' . =
<br /> resulting therefrom. Nothing containod hereln wiU pravent Lenda+trnm inicing the acUons desaibed in this pangraph in ita o�m nama. ..
<br /> � 14. IHDEAdHIFtCATtON. Lnnder afiall not assumo or ba raspon2ib3s 9or tho parform9nca of arry of(irarttor's obligntlons vrith rospact to tho Praperly ' .
<br /> � undsr any circumstances. t3rantor shall immadintely provido Len1w with vrtitfan noUco ot artd irsdomnity and ho(d Lvndar and Ro shnreholdere, �
<br /> . � direetors,oHicera,omp;oyaas and agento harmtoas from ait ctalms, dnmages,Iiabliitiea(nduding attomays'fo�s ttnd Icgnl experrsss).cnuses o1 • � . � �-
<br /> ; action,ac0ons,suits and othor legal procoodinga(cumulaUvoty'C(s;m��pottalning to tha Proporty(inc!uding,but rtot Ilmited to,those lnvotving � • • �
<br />'-" "� HazarCous Nta2etlffi9). Grantor,upon tho rcquast of Len�or,sAr1i P:t�Iepa1 counsel to QetenO Lender from such Claims,en0 pay iha attorneys'teea. � -.--— - � �•-
<br /> � legal expsnses Ftnd othor eosts incurred in connocHon therov�ith. In Lh�niternstivo.Londet shalt bo ontittotl to employ ita or1.n Iogal counset to d�fend
<br /> such palm9 et Qrpntor's cost. Grantor's obltgation to Indemnfi�1.�ander under thls pnre.grnph shall survive tho terminatian,reteas�or foreclosure o1 , �'
<br /> � j Ihi9 Ooed o}Trust. n ,y •
<br /> �a+uHSne t�c,n„aa�teen�wog�os.�e.(ei2a�st� tcorn es�To� a.a,p d� [ �\-. ��'
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