|
� ....�.. , ,• - —_ a----
<br /> � . '�-_ :_'•--�-� �.� - --
<br /> � -� � ��
<br /> ____.
<br /> .+n+a-, ;,. ,.. ' . ,.�s„���.
<br /> , . ,
<br /> -,���—_�. .•� __. _.._ __ —__--__ - -------_-__.�.---_
<br /> —_ - - - -- -- m�s
<br /> .
<br /> � ► � gg_ i(�e51t _
<br /> 14. 1'AXEa ANU A99�99MENTS�. Ci►�IItOf{�ill�y�II WIY�il��:i w�a�o�+iii�ii�i�r��I�liil��J�fJj�'v�iy'r:�0�i."�.�:A^�!t".:!T1�rilsf���i�trwkM IwM1�t _
<br /> av'�nw at p,s,�rn�m rf s�m�. tlpon tl»reque�t of l,sncler,�►A11M►".MII d�pait with l��a�ch month on�-tw�tfth(1/12)of th��sUmatW�nnual
<br /> k+iurano�pnmlum.lanN�nd aaa�sam+�a psrtalnln4la tha Prop�►ty. So Ionp aa Ihara lo no d�taulL tMG�amaunts th�ll b1 a�pll�d to the paytn�nt �
<br /> o�wrw,ra�wk�unw rnd In�rancs ai raqulrot!on tM Prop�rty. In th�s��nt ot d�fauk,L�nd�r ihsll haw th�r�yht,�t ita wta opibn,to spply tM _
<br /> tunq�so hWd to pay any l+uwa w oGrin�t th��Dl;pat��ru. l6iy fur�ia�p►st►W may,at UndWy Cptton.b�applhd in tWSrN Otd��of th�du�data =
<br /> tMrWt =.
<br /> 10. INSPlCTION OI'WIQPlRTY, lIOW(8,REGORQS ANO REPOFiTS. Oran'or shall�Ilow L�nd�r or Ib �p�nt�to�xamlr.� �nd In�ct th�
<br /> pro�rty�nd s�m►M,Imp�ct�r►d mak�copls�ot Gr�ntor's bo�ka u�d noorda p�Ralninp to th�Prop�rty trom Hm�to tlm�. Orsntor shalf provld�
<br /> any ap�+�ia+�c,i r;�qul;i�tiy Lsn3sr 1ar th�tt purpass, NI ot th� slpnatur�e�nd Inform�tlon cont�tlrn►cf In Qr�ntor's booko and ncord�ahall b� _
<br /> p�nulr».lrw, ao�uf�M Md�p�U In nll rwp�cts. Grsntor shal)not�th��xtu�na of Und�r'9 hMO►iclal InUritt In ito Lwolc� and t�e0rdf _
<br /> p�rtalnlnp tp tfN Wpp�r}y fkiditbrwliy.Granlos�hsll r�port.k�a tam saScfutary to ltndvr.suCh intormatlon�a L�nd�r m�y nqwat r�ardlnp
<br /> p�arrlpr'�tkµnC�N opncf:tbn a tM Prap�rty. 7tw IntorrtuCion shall b�1or such p�riodr,chall r�tWct l3r�ntor's racorda at such tlrt�,and shall b� —
<br /> r+ntl�r�d wlth su0h kpwnCy 1N Und�r may W�Ipnat�. All intormatlon tuml�d Dy C3r�nta to LMd�r shal!b�trw.uauat�and cortWMta In�11
<br /> r��iGii.anG r.1y�i:.'+Gy Crpr:�r I!t.�.�r rsquzsis.
<br /> 17. E�TO�Pl1.GLRI'I�ICATlS. Withln Nn(10)d�ys�Rw any nqw�t hy Und�r,Granta thall d�liwr to Und�r,or any tntsndW tr�nthrM af
<br /> Lsnd�r't Nqhts wlth rt�ot la Ms�Obtfp�tbnf,a Wfln�d u�d acknowl�d9�d suWmant saaclrylnp(�l t1w ouUUndinp batana ori tho Oblifl�Uons:ani _
<br /> (p)wMthN 0/�nq►pO�MMN�ny o1aTm�,d�i�ntN,atotta a countectalml wlth nsp�c!to th�Obl1 tUon�i�nd,if�o,ths n�tur�ot such ctalma,
<br /> d�Nn�,Mt4fh 0+oounbrotalm�. (��ntw wlll W conClue:�t�,y dound by any r�pa�nUtion that Un�ir may mak�to th�Intu�d�d u�n�rM with
<br /> nIp�0110 th�M InaIEN�In th��wnt that Ca�antor t�Us to prov iao L�a nqwsUd staarr�nt In a tlmely mannar.
<br /> 1�. Dl�AULT. (ir�r+lo��hal1 b�In dHauB u►�r tAls DNd oS Tn,st and tM Trwtw'�powa �hal1 b�com� op�ratiw in th��wnt that Gtarttw,
<br /> 9orrow�r or any pwtlu+for ot th�Obl►qttbnc
<br /> (�1 f�Il�to p1iY lu�y Qbtlpatbn to UndK wh�n dw;
<br /> (b) tW�ta pKkxm�ny Obllpatbn a aud►w any warranry or cawnant w�.endar za:�tai�ad In thla Dud ot Ta:ai a a�y ot1Nr pas�nt or tut�u�
<br /> •pr�nh
<br /> o) dNt�oyt.IoaN or d�rt+apN tM Prop�rty ln any mab�ta!ns�ct or wbJ�cn th�Prop�rty to wlzun,ca,i i�:az:a�,nr a��mnatkin;
<br /> d) Nak�to r�Wk�,brminlit�a otMrwlN IImIt Ib IlabUlry und�r Iu�y yuuanty to l.�ndu;
<br /> �) dN�,bsooma�Ipally Inwmp�t�rtt.I�dtuolwd or brmlrtat�d.boconws insolvem.makas�n ssNpnrr�nt tor t'w E+r.w�rt af u�diton,talls to
<br /> WY d�bts q ttNy C�oom�dw.tiM�a p�tltlon unWr tM i�d�tal bankruptcy law�,lui�an tnvoluntary p�tltlon In ba.��scy NN.i In whicn Gantor,
<br /> gor�ovwr or�ny puaranttx I�nam�d,or ha�prop�rty Sak�n und�r sny wNt or proaas of oourt:
<br /> (� aNpw�pppda Sp p�uNd,p�ffK►pMC1 pr�fpr�d on th�Prop�rty,th�pots�sslan,trtnsportation,or u�of whkY�.is it�sl;
<br /> (0) albw�Ilny party oqf�t ti�an prsntpr oe BOrrov�r b uwrrN o+und�Ttsk�a�y ObliptUOn without th�writt�n cons�nt c4 Lsnd�r,a
<br /> lh) cau�a L�nd�+to d�n MMM In�o�u�dw to��IpnlHcant d�cAn�U+tAa Lals+�of tM Prop�rty�or if Lencfer,in y;�a�faith,tor any nason,
<br /> Gli�w�that tM P�P��MYmM�a W�+mana I�Impslhd.
<br /> t9. RH�HT6 OT LENDPR ON DlfAULT. N ti��1��dH�uH undsr thls Dad of Tnu1,L�nd�r shall b��ntitlW ta�aw��is�on�or mon ot tM
<br /> followk►p hm�dN�wltl�out notb�or d�+nand(�xaPt s�r�qutnd by law}:
<br /> (a) to d�du�d»OW1�atfon�Imm�fltauy dw and pay�bl�In tuu;
<br /> �c) eo oaf.ce aw wMUnakw obl►wt{on.w+th ot w�aio�st raortlnp eo,iu�h;l�a procass;
<br /> ) to nquln(irar�ror ro dNlwt�ntl mak�ovallahN to Lu�r�ny persaaal ptop�tty o�Chatals oonstiwtlnp tt►�Ptop��ty�t a Pk��+�+�Y
<br /> oonwnl�+tt to(iantor tnd LN+d�r;
<br /> (d) eo Mt�r upon ub tak�po�on ol th�Prop�Rl►wlthout applYi►►q tor or obtainlnp th�appolntm�nt of�rw�lwr an�,at Und�rY option,to
<br /> �ppolnt a nalwr wltAOUt bond,without 4iht brinnlnp wN on tl»ObNgations and wtthout othWwla�mMtinp any ttatutory ocndido�u n�ardlr�y
<br /> noMwn.N bNnp Ma+►ci�d ti�at!.«��hal1 hUw thtf oona�ctual ripM to�int a nalwr;
<br /> (�) �p�npby�mu►yinp ap�nt ol qN prop�ey tWW I�t�wrw,i�r in Trwk�'s own nam�,tn tM nam�of t�r+d�r a in tM narn�ot
<br /> aenla,and natw tM nr�a, Inoort�, Iwws and P��a��'�'h�and appy th� sun..att�r paym�nt ot au�o�ssuy chu�a and
<br /> �xpe+w,on a000unt of th�Obltpubn�:
<br /> (�1 m WY�^Y��In any fotm a mannK de�rtwd�xpWMnt by l�nd�r to prot�t th�s+curity of tAls OMd of 7tusi or L.a�r+a�sy dttauk otl�
<br /> thuf payrtwnt ot Inl�rKt ar prinotpN on th�ObuWtlon�,
<br /> (0) to toncloN sht�Owd o�Tnut J�d�btauy a raNudioI�J1Y and eo d1n�t ttw sal�of ttw Prop�rtY throuph�z�r�:s�os t�s P�+�at W�as
<br /> ntKw�ad In pu�pr�ph 20 Mr�of In duro�wNh�pplfo�bf�Itw;
<br /> (h)t0 Nt�ff(irb11ot9 ObtfQ�tlOrt�rp�frut any�ftl0unb OMNd Grvltor by l�nd�r inCludlnp.but not umit�d to.moniN.insuurrtutls.�d�poau
<br /> a000unb m�lnlakwd with Nnd�t or�e►y aMr�nNfl�+tlMinp or tutun affi{i�M of L�KJ�r�and �
<br /> 41 W�cW W ofh�rlphri waU�bw to lM�d�t undK�ny ollwr w�tbn�prNm�M or apWbaW�law.
<br /> i::�:�'�:�.�:.:••.�:=��M��'�._....��!._'":'�".'!.�..�.w�...�,e�te,wny�x+�. In t!w w�.�t that L�r inaY�1�.�MS an aeti�xf�irirKl fM ..
<br /> �:oow�y ca''�r►y ot Stw ProP+rry GY wsY a!a a'+lu�n�t c�.��o�,:��Mn c�+to�.c+.mo►W.r�.�m.va�a,++y e«,a�,�,mqr,c
<br /> otMnvit�b�r�ulnd. L�nd�r a L�nd�rY d�t4^N m+iY th� p�pp��y�!at+Y sab. ProoNds of any TrwtM's sat�Mrw��r uwl b�
<br /> applfW fint�b the oo���rW�xPMM�Of�xKO1Wp tht Po�+of M�snd oi tlt�sW.itx�udlnp tM paynwnt of th�Trust�'a 1NS�etual,y inoumd
<br /> ana�a w.xo.w a»anouM whbl,may w prova�a for In tl�t�DMd ot Troa,s�oond.to paKrwnt ot tt�OtNlGaUona asarrod h�nefy.Mlyd�to tM
<br /> aYm+�t W Juntor vwt dNd�,matO+pM,a oth�r t�nhotd�n,�nd tM bstana,if any.to tl»p�non or p�non:I�yally ont'�d th�nro. Th�pr�opwty
<br /> or�ny part fh�nof may b�sold In oM p�rod w I�euWi P�uat�,mufn�r a ordK ae lsndrr ln its�01�disa�tion may�1�ct, u�d on�or rtwn
<br /> �xwal�W eM P����OnnMd�h1111 not�xtkpubh ot�xhwq tM powK unfas tM�rWn prop�rty Ia rold or th�obllpations a»paid In tull.
<br /> 2Q TRUS�E'�lXEAC1�!O�'01ME11 O�!AL!OM DlIAUlT: Upo�dotwR by t3ranLOr In p�yrtHnt of any QWt�stion�s�ound h�r ,Lx+d�r
<br /> rtfay d�dan a!I wms Mound Mnby knrtNEliNly dw�fd pay�bf�and shall aus�tc b�fi1W of noord�wnt0�n notlo�of d�fauk and to�NI
<br /> tM Prop�tY. AMu eM I�pM of woh Wn�M th�n may W r�4utr�d by{aw tollowinp no�daUon ot wch noUo�of Wfwlt,and nWla of wW hr,viny
<br /> bNn ylwn as th�n n4ukW b1►t�w�TrwlN.Nrlli�0ut dNnantl On f3r�r►lor�sh�ll Mtl wch prapWty,Wth�r a��whol�or ln s�pirat�parals,�nd In woh
<br /> ordrr a�k a IM�dM rtf�y d�qrmlM stp auoflon to 1f1�h1�hMt bldd�I. TnistN may postpotw tM saM of tll or any poRbn ot tA�Prop�rtY by
<br /> publW�nnouno�rt�lt at tM tlrt��nd plaoiu�W MN�atld 1fOrt1 ttnN l0 Nm�tMnatNr rttay postpoM th�qM by public anno�snC«r�nt at thr ttnM it�d
<br /> Wao.flx�d by tM o+�adMO ao+�rt+«+�� TroM�.�t+w dNw.r to won pwcttiasu ns a..d conwytny tt►.p� a porta+tA�ot.so aaa,nut
<br /> wiawut.ny oown�rn«wuf�►,�xpt«.a�mpMa. m�Mofws In wcn aw a�ny manKS a4 a�ct or atw�'�i�ha1�b�cmdwiv.aoos oi tn.
<br /> Vutl►tulnw�tMt�of. My pK�a+,(notudlnp(3nrNa�TrwM�or LM+dM�nwY P�+�w at wch�W.
<br /> Z1. REGUEST/OA IiOTiCEt: (ir�nta n4WM�lhst�o0py ol any notio�of dNauk and a oopy ot as�y notio�of saN l�wnGr W mail�d to�ach
<br /> p�non who k�pvly fMnw at 1M addnp Of wCh PKan tN IoM Mnin q Y1�Krrw tk►w�nd in tM tam�rtwuwr nqu3t�d as 1tquD���parW
<br /> nqw�t th��of had bwn fli�d by aoh woh pK�on.
<br /> 22. SECURfiY IM1'EREfT tJNOER TN!UMI!'OItM CC�IM!lICIAL CODl. Thli OMd of 7ruat fha11 W cornldw�c s finandnq ttat�m�nt �nd� �
<br /> Nxa,n TJG�a wam ea u,�provkb�+�ot eM u�nHorm com+rnrouu C,aa(a�wapad�n ai.sua wh.n sh.rw prop.rsy;.west.d)cowrtno fixnu�.
<br /> x in
<br /> chatlNa. artfdN Ot pNtOflal prOp�Ay nOw ownW or IIKMINr altiO�Md M Ot�0 b�uNd in oonn�etloai with Uf� to�ttNf wHtf any and alE
<br /> npt�o�nwnb ttwtsof snd addkbns t1+�roW(th�'^ 'l,snd(3rlu►ror r��py pru►es L�,w a acuriry+r�nn In�t!�Is. Th�d�Gto�is tA�
<br /> Gruttor d��iGd�bow. TI►��ourW party 1�d+�L�nd�r dMUtWd abow. Opon d�mand,Gantor shalt mak�.�x�cut�and d�Gwr sxh secu:ly
<br /> apr�rnt� u�wCh t�rm is GNn�d tn sald UnNOrm COmmerobl CoW)u UnWr�t any Um�may dMm n�o�uary or prop�r or r�qLitid to gru�t to
<br /> L�ndK a wcuriry Int�rKt in tM ChatfN�,and upon Or�nbr'�iaUur�to do w.L�nde Is�uthori2�d to alpn any auch aprNm�ns as ths ig«+t
<br />- p}�antpr. C,rantpr h�nby au4Aotlsa L�nd�r eo fiN lir►inclnp�UlimMb(a�wCh tKm I�dN�n�d In saltf Uniform Comm�rcial Cod�)witl+nspaat to
<br /> th.Ch.aN�,.t m tln,.�wia,out tl,.�pn a(iraMOt. fir«+wr w�U.now�wr.st u,y�wne upon na�or una.�.sl��won financtnp wt�n,.q,s.
<br /> f3nr+lor wiN pay�tNS tor th� '1�ITip�of�woA�MMrrt1MM��nd 1or fh�r�W th�r�of at tt�s oma rpulrW�in tM opinbn ot UndK,trY
<br /> Wd Uniform Cod�. M ttM li�n oi tht�OMd d ruM W wbJ�ot to Y►Y Mo�uIN aQr�nt oow.inp tlw Cha.'�t�,tMn in th�w�nt ot ar�y
<br /> ���or�°'a.�a a ayr�►a�«n awran+aad.�awno��a�a�n+:a.a��a.��a:���`.'�"�,a�`,. .
<br /> �.°�-u����M�x�or r�u:,�c��: -c�:r a. u;,;.::,��c:�:::r,�,�.:�w�a��-�,���c�.���a���,
<br /> •xp«,...)eo�.ny.oe r.q��wd eo�eat�«+by orona►a a�,�«wo.�ny rtp�n«r«„�ar a i..na.r��sn:�m.w or rn,sr. u�on a.mana.
<br /> ex.neor fi�al�imrrMdi.aly r.Imbun.tand«ror NI.uoh.n►ou++1s•�anew ey uee..,ee.u+..wia,inwat th�reon a�u,.�owsr of th•hlpn.,e rte.
<br /> dNCribW In any Obl!patbn or th�hl�hNt nN�tlow�d by law hom th�G�M ofp�ym�r►t wKll th�dat�of r�rexx.��t. Tha�sums shW b�
<br /> indud�d ln th�d�Hnit�on of Oblipadon�Mrsln�nq�MII b�No�u�d by tM Wn�Nolal In1KNt Qrant�d heriu�. R th�Obli�atons ua�id�c tht
<br /> b�yInnln�ofpu bUCatlon of noNa Of�tl�,u FNrNn provfdW.o+In 1M w�nt 4MOM ehaN,tt itr tol�o�bon.Warrt G►antor to WY�-'rY P�ot tAe
<br />- OWipaUoM a}Ow tM bqiM!np a�,a�;.uo�+a►+ouo.a w.,s�MrNn provkf�d.tMn,(ir�r►tor slfall pay on d�a.�d all�xp�na�s 1RCUr�W by ttf�
<br /> Trwtw and L�nd�r in oonn�cGon with�akfpu blfC�don.IndudJnp rN�pn�bM�ffofrNys'NN 10 dH atom�ys tor ths Trus�and tor th�L�ndu.l�nd s
<br />- rwonaW�fM to tM Trutt»�tnd thl�DNd of Trutt rhW b�Mauky for W woh�rp�r►w�nd feN. ,
<br /> ZI. NPPLICATWN Of PAY�AENTB. Atl p�ym�nb m�by or on bN►I�ff 01(i�snlor may b��pplNdapa1nn th�arnouMS patd by Land�r pncludinp .
<br /> �t0orrwyi'iMS u�d t�p�l�xp�MHy In omn�Ctlon wlth th��x�roir d tb i1pM1b or rMn�dMCribW�n tl�tf DMd of Trwt and tJwn to tM PsYm�►t
<br />_ •�f tM nm�lntnp Obltpttions In what�wr orGr L�nWr ChooM�.
<br /> 2s. PO'NER OF A4'i'ORNEY. �it�nta Mnby�poalnt�Und�r a Hs �tbrnayIndsct so�ndon� Cxantor's narn�on atl tnstrum�rnc and oth�r
<br /> doq�m�nt�p�rtalnln0 w th�Obl►patiai�u OMd of Tru�t. In�d0�tion,L�ndN W►1�If b�M�GtNd,but not nqulrW,to p�rlorm eny action or�xecuts any
<br /> docurtwrti rpulr�d io W takM 6r�x�cutW�by Qr�MOr und�r 1ht�DNO ol Tiuq. landsr'�p�AOrmana of such acNon or �x�cution of wch
<br /> doewnl�ntf shall not tNl�w Gr�ntor trom any ODII�atiOn or cur��ny WIwN ur►dN tlii�ONd 01 Truq. IYI pow�n nt attorn�y d�1c,�iWJ In thls O�W o!
<br /> Trwt u�Coupl�d with an Int�r�tt and Iu�Irnvoc�6N.
<br /> 2A. SUBROGATION OF LENDER. L�ndsr shall b�wbropaMd to tM rpA1�ot Ih� hotd�oi (iny prwlow li�n, s�curity int�rsst or�ncumbrana�
<br /> dlutwyW with tunds�dvanad Dy LmGr r�yardl�w o}whseMr 1h�N INn�.Neuriry InNrNb w otl►�r�ncumbnnas haw bNn naas�d ot acord.
<br />.. �vFFattc 4�Pwnwae T.u�naopb.,Me.(�l�lObl M�f a'1�•�� ��a ��
<br />
|