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<br /> or obsolcu. providal chu sucl� percana! pn�perty is rcplacod with other persocul proptr9y su least e�ua1 in value to the �
<br /> np��d per:on�] propaty, free fron� �ny �iqe retentian device, secunry arreemrnt or other eacumbrance. Such
<br /> repiwemrnt of parcoisal PrapenY will be dcxcned subject to thc sccuriry intaest created by tLis Deod of Tnut. Graator
<br /> sha;l aW pattidon or subdividK u`�e Piape�iv wittwut Ls.-ssi:r'c psior u�rittea cotUent. I.,rnder or l.ender'Q agents ma�vn,o _
<br /> �propeity shall be cnUreJyf for rtl.adu's beacf tl andicGr�uwr will in n�ay relY o�n tin�s�i�AaY uW� -
<br /> 13.AITi'�OR5��1"i`O P�RFa"�iti14•If C�aatar fails ca p:sfarcn ar.y�of Grantar's dutia under thic Deed of Trusi,or anW;�i �l
<br /> nwrtga,�e, dood of tnut, lieu or other socwity intcrat th�t has priority over this Doad of Trust, l.ender mary. ..-
<br /> not�cc.�![�p�T11 iAC QOt{Gr Of C�3tSC t�IGll�I6 bf p2if0i'tik'�t1. Gtaatar appoitsts 1.ender ac at�omey in fxt to slgn Grwtor's _
<br /> c�une or pay any unount nocesc�rY for Pert'omwsce.lf any coasuuction on ttu Property is discondaued ar not carried on �
<br /> in�reawnable m�aner,Laxler may do wbueva u aocessuy to protect ixnder's securiry interat ia the Property 'ilus =
<br /> m�y include cotuPletin,�the coawuctioti.
<br /> Lwder'9 ri�ht to perfonn for Graator shall aot creue aa obligulon to perform, wad I.end�r's failure to perforsa will not �..
<br /> preclude L.ei�der fmm ezacisia�any of l.essder'c other rights under the law or this Dced of 7'rust. Any amouau pai�i bY =
<br />= l.ender for insuring,pra�rving or otherwise pmtoctin�the PmpertY and L�ender's secwity interest wiU be due on demand
<br />' and will beyr interest nam the dau of the paymeat uatil Paid ln full at *,he interest rau ia eifecc from time to time _
<br /> accurding to the u�s of tLe Evidence of DeM. -
<br /> 14.ASSIGNMEN'D'OF I.EASES AND REN'I'S.Grantor irrevocably gnats,couveys aud selis as sdditioaal security all ttu
<br /> right.dtle and intarst in and to aay and�11:
<br /> A. Exisdng or future leases.subleues. licroses.guaran�ties aad aay other u'rittea or�erbal agroaixats for th�use aad
<br /> ooc�paacy of aay portion of the Property, iacludinS wy �xtensians. s�w�1s, ��0�or substitutionc of
<br /> 6uch agreaneats(all referred ta as'Leases")•
<br /> B. Rects�issua a�profits(all refural to as'Reats'),ixlru'sn8 but not�,m�i:ed to sac.+ri�ry�i�u��nuni��
<br /> penoeat�ge resr�. �ddrtional reat, common area m�intea�nee chuges. �aricing chu'S -
<br /> �pplicabie 4vices,inwriace Premium ooatributions, liquidatal daa�S�c f�ilowing default.ca�tC��uu prrmiums.
<br /> '1�ss of c+eass'" i�-uraace,cevmues, roy�ldes,Pracads,boauses,aad all rights aad claiaas which Grsator may have
<br /> th�t ia any way pesc�ins to or is on�ocouat of the use or oocupan�Y of the whole or any part of the PropatY.
<br /> Graawr will promptiy Pmcide Leo�]a with mu and correct eopies of all eaci.uing and Poture I.eases.Graator may�olleex,
<br /> meive.eajoy�nd use tt�Reats so loag as Grantor is not in d��+�ult. Graatox will not oollax in advaaoe say Rwu due in
<br /> flmue lase periods.unless Graator first obwias l.eader's wrlttea conseat.Upoa defsult,Grantor wlll receive aay Reats in
<br /> tnut for Y�ader aod Gnator will noc commingk the Resu with u�y otha fuads.Any unounts coll�shsll bei�ludln�.
<br /> LRader'� dl�cr�sioa to payrneats on the Secured Debt as thercin Pro���ioas��ents�W WY atba
<br /> but not limited to��11 wus. a�sesstaeats.iawr�ace praalums.repalr��
<br /> �,n��pen�iacludin,Q l,eadet'o atwiaey9�fea.Par�le��l fea and oourt oosts.
<br /> Graator ackaowled�a thu this aui�t i:pafeaed upoo ttfe recordln�of thL Deed of Trust asd th�t I.eader i�eatitled
<br />_ . ,;,�,f�•Wr a:.^�.wx'a••.�•°e.r��,.ti�n.vme�t of e�mu dne or w become due to i�ead�s.Howeva� l�eader a�t+ea thu
<br /> oaly oa defwtt wiil Leader r�fY�raasar sad GraasQS'�ttnantx aod m�k�c ilea�ud W�t Nl ttuuze�Caus Ra�ia G[�at r�
<br /> Lmder.Oe roceiviug tLe notice of defiult.Gr�ntor will endora�nd ddiva to l.eisder+mY WY�
<br /> P�•
<br /> Graator covaunt� tisu no defiult exista uada the Leaus or aay applicable laadlord taw. Graator alco covenws aad
<br /> agnxs w miinta�a. aad to requlre the tea9au w comply witl�. the I.ases aad any applicaWe law. Graator will prots�ptlY
<br /> notify l�eader of any noncomPlima. If Gc�nwr neglxu or refuses w eaforce com��i:ace witb the tercn�of the Leasa,
<br /> tttiea l.eader miy� st 1.eader'z o�i�a, eaforoe compliaoce. Graawr wiU obta�n l,eader's wriuea autlwrizu�on befone
<br /> Graator cooseau w sublet, modify.cwod.or otht�wise alter tht I�eases.to accept the surrendsr of the PropertY covaed
<br />- by sucL I.eases(ualas the Leases w require), or w ass9gn, oomPromis� or eac,�umber the I.eaces or wy future Reoro.
<br /> Graator will hold Lender harmless and indemnify l.eader for any aad all liability,loss or damige thu Lea�ler may incur�s
<br /> a consoqueaoe of the�si�m�uader this cxxioa.
<br /> wcludas a uait in a wndomiaium or s
<br /> ]S.CONDOMI1vIU11LS,;PLANN� iJN1T DEVF.IAPNIENTS. If the Pt+opacy .
<br /> = plaaned uait devdoparat,Granu�r will paform all of Graawr's dutias uader tbe ooveuants,by-hws,or regulations of the
<br /> condomiaium or planxd wuc c3evdaPmau.
<br />•� 16.D£�AiJLT.Grwtor will be in default if any of the followIng�: w��,
<br /> �.� A. Any party obligated oa the Sa�red Debt fails to m�ice ycnent
<br /> ■ B. A breacb of sny tum or covea�at in this Deed of Tnut,aay prior mortgage or aay coashvction Waa agteemeat,
<br /> = so�itY�gresmeat or aay othtr docua�eat evideccin�.Cu�ntYing,sa�uin8 or otberwise relatin8 w the Securod
<br /> = Debr,
<br /> � C. 'l�e maldag or fumishing of aay vafial or writtm�+eepn�uion,stuemeat or wamnty to L�eader that ia faLe or
<br /> incomact ia any matai�l respecx bY Grmw*or aey per�on or eatity oblig�ted on the Secured D�bt:
<br /> D, 'Ibe deatL, diuolution, appointmeat of a roceiva. insolveflcY. or appl�cation of aay debtor relief law to or of
<br /> Graator or aay persoa or eatity obligatod oa the Secured Debt, n or easity obli�ted oa
<br /> = E. A good faith belief by Lender at aay nme that 1.eader is insaure with rape��w wY P��
<br /> the Secured Debt or tbat the pmspat of any p�yn�enc is u'ngair.�vr tha P:�o�siy i�im,airtd;
<br /> =- F. A matervl adverse chaage in Graator's business�acludiag ovmersLip,m�aaSar�ent,wd fiaaaci�l conditioas.woich
<br /> ' I.eader in iw opinion believes iaipain the value of tlu Property or rcp�ymeat of tbe Secured Debt:or
<br /> G. Any loaa prooeeds are usal for a purpose that will contribuu to excessive erosion of highly erodible taad or w tise
<br /> � conversion of wetlnads to pratuce w�gncultural commoditY�as fur�ur e�cplained in 7 C.F.R.Put 19�.Subpa�st
<br /> � G,Exhibit M.
<br />-�i 17.REME,DIES ON DEFAULT.In some inst�aces,foder�l as�d state law will roquire l.eader tu provide Grantor with notice
<br /> of the right to cvre,meCiation notroes or oiher aotices wd may estabiish time scha.'"-'es for foroclosure xtioas.Subjxt to
<br />- thae l�rnitations,if any,Len�der r�Y�ccelaate the Se�u�d ID�C and foreclose tlus Deed of Trust in a maaaer provided b,�
<br /> law if this Grantor is in def�::t.
<br /> pap�3 0l 5
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