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<br /> A•� , . I����pp�a�►ums,p►ound renta,and al/oth�r chargoa whetsoaver levlsd upon or aas�eaed,pl+ad a mad��palrnt 11N Tnut
<br /> .:.,,�,• Propn'�ly. Tnistor l�►Uwr�y^���P�+�°n nqw�t by B�rtefJclary,ro promptlY dellver lo BeneAclpry all noelpb M►th�p�ymsnt ol
<br /> . "a� wch ch�e- Tmsto►!lk�wla�aprw�fo paY aN tax�t.��suammta and othw ch+rya Nvlad upon a urais�d.PNc�J d mado
<br /> .;�: �Dalnst am�awr�d by,this L1pd ol Truat o�Ure racad�Non hsrool.
<br /> b. ���n o/p�ymufts.All payn�+enta recefved by BensNcl�ry as to any debt,llablllry a oWlpadon owod lo Brn�Nclary Dy tiwt0►
<br /> - ��y��ppNud by BNwlklary to Nu paym�nt oI ths Ind�btadnssa►a b any sucA odNr d�bt,A�WNty a obllp�Go+►,In�nY ad�►a►
<br /> muinorol rpplk�don whlcA B�ndiclary,ltnt to�paymant o/any d btmll��lry a�obNpaolon o►�Il�an ths N�bY�W��^Y
<br /> t,. � ^, euch�ynwnt ihslJ 6�dawnad aPP►l�d
<br /> ' �', �^� � lre�liam all dens end encumbrances whlch In any way may,!n the wdpnHnt W
<br /> •_h ..;k' B. C�ryot:U�na,Tiustor wUl keop the Tiust Properry
<br /> '�:�;. @�n�N d a ry,h a v�p+l o r l N o w r,a lm pdr th�ercuiiy ol,lh��De�d ol Tiust but truetor need not dlschs►pe any auch Nen to lonp aa
<br /> r:. Tiuslw thW agroe,U wddnp,fo pay the obliD�don ascu►�d by auch Ilen In a manner acoop t a b l a t o B o n e/k l�ry a n d a h�Y!n p o o d I d t h
<br /> cont�sf such dwf by epp►oprlota faQal p►ac�d�nya eNocUvv ro p�event the en/orcemenf d th�N�n and Nw ku+d any l�onst(n a �_ _-
<br /> �.,t��__,�,; .
<br /> pat o/the Tru�t Proparty.
<br /> ��(�-��...� � Haserd Inturance. Trusta shal kaep the bW/dlnDs and otherlmproverrwnta now exledng or hereelte►erected on the Tiust Propa►!y
<br /> _ .#' /�Y�..�M�' �
<br /> Intu�ad byfnsurenca ca r r lera s a d a f a c t o ry t o B e n e N c l e ry a y a l n s f f o s s b y N r e,hazarde lncluded!n the term"extended covenpe"end
<br /> ������ a such odr�rhezards,casualdes end condnpencles as mey be iequlroa►by Benellclary�!n auch amounts and la suc A pa d o d t�nu�y b�
<br /> ": �`°.�'. : requlied by HeneNclary.The pol/cy ol lnsurance shall be ln lorm acceptabfe to BoneOclary,provlde that the sama may not be —
<br /> �'' • N �ancalled pr mod/Ned wlthout IfKeon(16)daya prlo►wdtten notice ro Benelklary,and shell have loss payab/e prov(slone!n levor ol and
<br /> '�;�� .::,
<br /> �.,:1?_ _, . � !n lam accepteb/e fo BeneHalary.All premlums on lnsuranea poAcles shall be paid 1�or to the due date�dlrecdy to the�nsu ance� ` -
<br /> �� �� o�,U not peld In sach manner,by Trustor maldng payment at least 11Reen(1 b)days p
<br /> ^ �J ~ �i1ia.. canler.BeeaNcla�'Y shall have the dghf to hold the polcles and renewals thereol end Tiustor ahell promplly lamish to BenoRclary all
<br /> � ,�,,��,,,: , ,r renewal notices and all peld premlum iece1pts recelved by!t.In nu event ahall Beneflclary or Trustee be held responslbfe for lallwe ro ___
<br /> • pay Insurance premlums or for eny loss or damege adsing out o!a delect In any pol►cy a arlsing out of any faJlure ol any lnsurence
<br /> �a�� �ti�,
<br /> .�,�'•.�. .; =..,�., company fo pay for any bss o�dama�e Usured eQeinst or lor lellu�e by Trustor to eHect fhe lnsurance requlred hereundei. n t e ewn
<br /> " +�:'�. -y o!loss.Trus[a shall plve p►ompt nodce by mell to the lnsurence carrler and Bn►re/iclary.Benoficiery mey mske proM M Icus!/not -_
<br /> `••'"�'"" �' or U ro r form 6 Tivaror. All podcles ollnsu►ence end eny and all relunds o/uneamed piemlums are hereby
<br /> _ _z . �".�.'."'"'.,:�'_ made p�anPdY P Pe y ent ol ihe Indebtedness.ln the event of Banellclary's exerclsa o!the powe►
<br /> ��•.r, �•` . � esslgned Io BeneHclary as addJdonal securiry for the paym --
<br /> ot sale coMalned hereln,or!n the event o!foreclasure,all right,UHe and lnterest o/Trustor!n and to eny Jnsurence pollcy then 1n force
<br /> • � �� �"�`!�: aball pass to the purcheser at the bustee's sale a fo�eclosure sefe.M case ol eny loss,the Insurance proceeds mey,af[he opNon ol �,
<br /> � � �' BeneBclery, be appAed by Benelklary upon U►e Indebtedness,or any part ther00%enalln auch o►der end amount as BeneNclary may —
<br /> �� � dete►mine;or seid lnsmence proceeds,at the optlon of BeneBclary,may elthe►be used In replecing or restodng the Tiust Properry _
<br /> � ' t �'� , pardally a tote0y deshoyed to e condldon setla/actory to BeneBclary;a sald lnsu►ance proceeds,or any poRlon thereof, may be �
<br /> ..., � released lo Tiustor.Unless BeneAclary end 7rustor ofherwlse agree!n wddng,any auch appllcaUon o/lnsurance proceeds shell not
<br /> � , � �, �•� extend a postpone the due detd o/the Na ursuent to the exere se o/the powe oi sele o►ogher loreclosu►e,rall dght tlde andlnterest o/ ��-
<br /> Tivat Pmperty Is acqulied by Beneftclary p rlor to the sa/e or acqulsltlon shall pass
<br /> •�`"'1r° ' ' �`��.K Trusta!n and ro any Insurance proceeds peyable es a result of damege to the Truat Property p ` __
<br /> ' � ' °�- , to BeneNdary and shall be applled Nrst ro the ca4h�and expenses,lncludlny atlomey lees,lncurred!n cdlectlny such proceeds,then �_
<br /> !n the menner and!n the order prov/ded herein. __
<br /> 8, Preservatlon end MaJntenance o�Trust P�operty.Tiusror wlll keep the bulldings and other lmprovements now or hereaflererected on �_
<br /> _ -` _-,. p�e�nrst proper'ry;n yoad repalr arrd ca+ditloR 9nd wlfl rx,t aommlt w permit waste,wlll not alter the design or structuie/character
<br /> �� � ' cansmuting eny bullding now or hereaRer eiec[ed on and constltutlng the 7rust Properry wlfhout the phor wntten consent of _
<br /> �� � '�`. ' BeneNclary. wlll not do any act o►thing which would unduly lmpalr or depreclate the velue of the Trust Property and wlU not abandon
<br /> ' tl�e Trust Praperty.Trustor wlll not remove any/lxtures constltuUng the Tiust Prope►ry unless the same are immedlately replaced wlth F;�;�:
<br /> � `�`�'• • � dke prope►tY subJect to fhe Ilen and securlrylnterest of thls Oeed of Truat and ot at feast equal value snd uNllty. Trustor wlll comply wlth
<br /> � :, •�= ali piesent and/uture ordlnances,reguladons and requirements o/eny govemmental body whlch are eppllcable to the Trust PropeAy -
<br /> , 'd1� and to the xcupancy end use thereof.lf thls Deed o/Tiust Js on a unit In a condominlum or a planned unit development,Trusfor shell
<br /> __ � � 4� , per/onn ell o�Tiustor's obllgadons under the declaratlons or covenents creadng o►goveming the condominlum o�the planned unit
<br /> � , devefopment,the bylaws and regulallons o/the condominlum or planned unit development,and the consBtuent documents.
<br /> � . , . �--�' g, �nypectlon. Benellclory or!ts agents may,at al/reasoneble tlmes,enter upon the Trust P�operly lor the purpose of lnspectlon. E.�_.
<br /> ,' • BeneBclery sha//have no dury to make such Inspectlon and shall not be Ilable ro Trusta or to any person!n possesslon 1f It makes a
<br /> ` ` fells to meke eny such lnspectlon.
<br /> ,�`"' ' �p, p�ptectlon ol Secudty.II Trustor lails to peNorm any o!the covenants end agreements contalned in thls Deed of Trust,or N any acdon �_
<br /> ::+� • or proceedingls commenced whlch does a may adveisely a//ect the Tiust Praperty or the Interest o�Trustor or Benefir.lary thereln a _-
<br /> ��. �'��,;�„�. >„ . fho tiGe of Tiustor fhereto,then BeneNclary, et!ts option,mey perlorm such convenents and agreements,make such appearances, �.
<br /> r defend P�alnst and lnvesdgate such actlon or prxeeding and take such othei actlon as Bene/!c(ary deems necessary to protect!fs �:'
<br />.. 1"f�;Y�.,"'�
<br /> ��� lnteiest u�:/uding,but not fimlted to,dis6ursement ol reasoneble attorney/ees and enfry upon the Tiust Property to make repelra. y
<br /> '""°"� emounte dlsbursed by Beneflclary pursuant to thls pa►egraph f 0,wifh lnterest thereon,shall consUtute Indebtedness oI Trustor _�
<br /> . �;,._.
<br /> ` secured by thls Deed ot Tiust. Unfess T�ustor end Beneficiary agree ro other terms o�peyment,such emounts shafl be peyable upon �
<br /> nodce lrom BeneHclary to Tru�tor requestlng payment[hereol,end shall bear lnte►est Irom fhe dste o/dlsbursement at the delault rete, --
<br /> +�, :a�,": ', , If any, set IoM!n Iha Note,or otherwlse at the hlghest rate permlfted by law. NotMng contained!n thls paragraph shall requlre _
<br /> Beneliclory to lncur any expense or take any ectlon hereunder. Trustor lrrevocably authorizes and empowers Beneflclery to enter upon
<br /> -: � the Trtrst Property as Tiustor's agent and,In Tiustor's neme or otherwlse to pedorm eny snd afl covenants and agreements to be
<br /> s -'��' � perfiirrned by Tiustoi es herein provlded.BeneCciary shall,atlts opt(on,be subrogated to any encumbrance,1len,clalm or demand
<br /> � �,: ; .. and b ed rlgMs and se�uritles lor the payrnent thereol paid o►dlscharged by Benel�c(ary under the provisions hereof end any such __
<br /> sub►oge�lon d9hts shall be addltlonal and cumulaUve security tar this Deed ol Trust. __
<br /> '• 1 i. Condemnatlon. The prxeeds ol any awerd or clalm for damages,dlrect or consequenGal,in connecNon with any condemnetfon or ___
<br /> other taldn g ol!he Trusf Properry,or any patt thereol,or lo�conveyance in lfeu o/or in anticlpation ol condemnation,are hereby
<br /> } ' assJgned to end shall be pald to Benefic�ary• Trus to►wi l l f l l e a n d p r o s e c u t e,!n g o o d l e i�h e n d w(t h d u e d�d g ence,i►s clafm Iar an y such
<br /> -i award a peyment end wlll cause the same to be cdlecfed and pald to Beneficiary, and,should it fail to do so,Trustor inevocab/y =`
<br /> '�* euthoilies and empowers Benellclary,In the name o/Trostor or otherwise.to lile,prosecute,settie or compromise any such claim and �,_
<br /> • to Collecf,recelPt for and retain the proceeds. U the Tiust F'roperry�s abandoned by Trusto►,or,alter notice by BeneNciary:�Trustor
<br /> that fhe condemnor oNers to make an awaid o►settle a cla►m lor damages,Trustor lails to respond to Beneficiary within ihlrry(30)days i
<br /> • � afler the date such nodce/s malled,9enelicisry is authonzed to co/lect and apply the proceeds in the menner lndreated herem.The
<br /> procBeds ol eny award or claim may,after deducting all reasonab/e costs and expenses.including attorney lees,whlch may heve �
<br /> been incurred by Benellclary rn the collecnon thereof,af the sole disc�etion o!Benel(ciary,be released to Trustor,applied to ,
<br /> t. resMratlon of Tiust Property,or applied to the payment rl the/ndebtedness. Unless Beneliciary and Trustor otherwrse agree in wnhng. ;
<br /> ��. any such appllca8on of proceeds to Indebfedness shall not extend or postpone the due dete o/the Note or the payment ol any i.
<br /> lnstallments called►or fhe►eunder.
<br /> ' ' 12, Trusto►Not Re%ased.Extension of the fime/or payment or modilication of any amort�zat�on o/the Indebtedness g►anted by Bene6aary .
<br /> �, 'S' e.�n�eoiv In lilffJfAM AI TIUSI01 SI18II IIO�OpB/A�@�O�@��BSB,in any manner,the 6abAiry ot Trustor and T►ustor's successors in
<br /> ..�..... n�n•
<br />. '_ ' _ - w io.�w.�"__'. .. . .........
<br /> „ " - r,..�........... `
<br /> •� o�e�,�SB�j�g��Zetl ol the Indebtedness by reason o lany demeand made by Trustor and Trustor s successors
<br /> !n intarest.
<br /> � 13, Finar�dal/nlamatlon.Upon request ot Benelic�ary, Trustor will prov�de to Bene6aary, wdh�n rnnery 1901 days of fhe c�ose of each 6sca1
<br /> � year af T►ustor,the consolidated balance sheef and statement ol earnings ol Trustor and sny and all guarento►s o/the Indebtedness
<br /> •� secured hereby,l�any,and w(II provide a�d deliver ro Beneficfary such other 6nancial informatlon end in such ma�ner as BeneNciary
<br /> , may reasonably request/rom dme ro time.
<br /> 14. FlnenCfel C',ovenants.In eddifion to sny other frnancia!covenants o/Trusror made in any other agreement.�nshument or documenf.
<br /> _ ' compliance'with,meW011owing hnancial covenan s(Th pareg►aphtshall notapplySl covenants and requ�eme'nts e no�setn
<br /> . . . } lorth hereln.)
<br /> � 15. Schedufe of Leases.With�n ten(10)days efterdemand.Trusto�shall lurnlsh to Benefiaary a sChedule,certiNed to by Trust�or,setbng
<br /> forth apleases of�he Trust Prope►fy.or eny portion the�eol,includ�ng!n each case. the name ol the tenanfs or a:cupants,a descriphon
<br /> ! � -o/the space occupied by such tenant or occupanL the rental payablo for such space.and such other mformat�on and doc.uments w�th
<br /> �� respectfo such leases and tenanc�es as Benel�c�ary may reasonably request
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