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<br /> • j� ` to) qp ap�i(caD1e Iaws and regutations.ir►dudn9,wahoul Umttatlan.Ute Amede2ns w(th 9ka6tlNl roPBTry bY •S.C.SeetlC�t 12101 et seq.(end ell � , .- . •`'�a
<br /> -- --- j regiitafbns�otn8gated tt�ere�mder)and e!1 zontng and tw7�ng laws and►egutaitons relatIn to ths P virtue of arry tederal.state or munld¢al -- ------ '`°,
<br /> ° � i • aulharityt wlth jurisdlcUon ovar the Ptoperry.preserNy�a and�taU ba c6served and wmpGed with tn aU rtetedal respeets.and at1 rights.lioense�.__... , , . `.:;.`-` . ,
<br /> . • � pemite.and oerNdfrrates ai oauD��Y Md��9!wt rot lirt�ced to mning variance�.s�e e i a i excePBons for rtonr.o�ng uses.and Biral ins�eaian � ` �:_;r:.:�
<br /> oer
<br /> , ' � � appravals).whether�raiY ar pmrnanenl,whkh are rtaierla!to the use�d ooapan�y ot the FroPenY.W�eMIY ere and sha0 be o� - . . . ..
<br /> < . . � presen�d and.where aecessaty.rertewed: • . .
<br /> (� Citerttar has the�lght and is�ty auUwcired w exewte and peAorm fts O�gations under this Deed ot Trust and these actlons do not and shaU no�
<br /> . �: i wr�i�wiih tAe prav(siQns of any►stawte.�eg�U�ton.ardnanoe.nila of Iaw.eormact w other a�eem9rn whicfi nay he Din�ng an Grantor at arry Urte: � .. ,
<br /> ' . ' �;•� (e)No acttan a prooaedmg is or shall be�n�ng a ttueatened wtdeh rtt�ri materlaQy af[ecl�a Properly:and : ,-`
<br /> . (q Qtantcr has not vla4�tad�d sha0 nal vlala2e any staMa.re�Watian.onQnanee.Mn ot taw.ecntract or other agreenerrt(indu�ng,6ut nat Gmtted to.
<br /> . ffiose gova�n9 Hamrdoua Materlals)which mt�t rrt�eda6y aHed the Praper►y a Lenders d�►ts ar trtterast in U�e Property pursuam to this Deed of� � , _, . `,� ,.
<br /> , : � � Ttust. � '. .- .
<br /> 9� PRIOA OEED9 OF TRl13T.tir�itor�eprese�and vrartants ihat ihere are no prtordeerJs of busl atteetin9�Y P�of the Property exoeAt as set tonh� . E `� .
<br /> � '��'�� � on Sdta�te B ffitachsd to Ws Oeed oi Tnist.vrhld�(i�an:or ag►ees to pay and perfortn in a U►TSIy manner. If ihere are arry prior deeds of trust then�mq ,. - -
<br /> -- - cirancor a�eas m pay au emowus ov�ed and p�onn an�rc�sL�r sua►�eds or vus►and the cndabcem�ess saa,red tnereey and turthe�+
<br /> ' � a�aes tt�t a deteW under arry Ptfot deed of trusl shafl bs a defat�t under this Oeed ot Trust artd shall e�itle Len�t to all dghts and rerre�es wrrtairted .`
<br /> heretn ar in ihe O�Igatlans to whtd�Lenderwoutd 6e etrtMed in the evern of enfi other detaufi. � .` ..��,
<br /> ' � , 4. TRANSFERS OF 7HE P80PERlY OA 88+IfflCfAL Q�ITEHE9T3 tN GRANTOAS OA 80RRGWER9. In the evant of a sale,eonveyanoa.lease, '.. ' �,�'�: '"� .
<br /> , • eantraet far deed or Vansfar toatty person ot aD or erry pact o!ths teal praperry d+asumed in Schedide/�cr arry irtteresl th�etn,ar af aU ar arry henefldat ' _ .
<br /> frtteresf tn 8ortawer ar(itantor(i t B o t r a r�er ar Qtantot i s rtal a n a t u r a l n at persona but is a cv r p aratlon,lirtfted fi26tGty oa�anY•PartnerstdP.Uus1.or . . Y`.,� �
<br /> : � ouier le�l artityr).�end9r may.m ics apiton aedare tha outst�mng�ei�l offianoB oi u►e oh9gauons pn,s aaaued inceisst thereoa Umns�ly due m�d ..:
<br /> payaEte.At lenders request,(irarta ar 9arrawer.as Ute a�se rtray be�shaa fiunisn acort�plete statemerrt settUig(orth aU of its stadd�otde►s,rr�m6ers,or �., .,�: -�.
<br /> , eque
<br /> „� parbters.as approptiate.ertdthe e�aartt o}thsir raapeetNe awrtersfiip Irtteresta , . . -•'���_
<br /> r. �� �.
<br /> 6. ASS(GNl'd@JT OF A� Im m�siderallon of ihe O�gations,whidi a►e seeiued by this Deed of Tnisl.Grantor absalutely assigns to Lender a0
<br /> `�.� Grantors est�e.d tiVe.Urteresl.c(atm and demand naw owned or hereafter aa�tred in a0 exisdng and tuhue[eases o1 the Propertl►M�u�ng .� `��,:'.�_.
<br /> . . e�d e n s i o n s.r e n�a n d s u 6 t e a s s s).a 0 a�e e m a r tt s f o r u s e a n d o c a p a n c y o t t he Pro p e r l y(aD such teases and a�e emarrt�whether vuritmr+or orel,ats ,� r.:�.:� . "
<br />. � F ... hereafter rafeaed to aa tRe'Leases�.�d��usrantles of lessees periarmanae un�r the Leases.together vrith the irtur�ed�ate and ca n ti rt u i ng d�ri to --.
<br /> c o llect end recetve all of the rerRS,inootre. T tevenues,issues,profits artd ather irtoorre ofatry ttanue now ar hereaRer due(tndudirig ineoma ot
<br /> d i : . .._�
<br />=i � � � , r. any nanne aortdng due chuUg arry�rr�t[o�Pe r t o d)un d er t he L e a s e s m t ro m o r a r i s i n g a u l a f t h e P ro p e rt y i n d u�n g m t n i m�m r e r rt s.�o n a l r e n t s,
<br /> peroernaga reMs.Parldn9 or eartmen svea maintenance corttributions.tax and insurance wmrit�dons.defldency rartts.Uqutdatadd� ta8owing ..:. �F>• i;='-
<br /> . � ' , default in arry Lease.aU Oraceads Pall�e��*811Y P��fl ot insurance oouertng t�s af rertts resuidng trom urrtonarrtabAily caused bv destruUJon cr .. ----.
<br /> ' _ :� .; danage to the Pro�erry.a0 pro�paya�0 as a res�l of a tassses exerdce of an optlon to pud�ase the P�aperty.ail pmoeeds dsdved from the . .,;�;��,.""- -
<br /> -. ... temi�inn ar re�et�n ot atry tsase in a isazilaupN.y or ather irr3aNeney proose�ng,w�d all proeeeds fram arry dgM.s end daims of arry Idndrfiidi Grar�r � • �--;- - --
<br /> . �ay h a v aagain s t a n y r lesses underu�e�eases or a r ry aoa�pants of the propany(aD ot�e abova are heraafter eoRaedvery referrad to as the'Rams'.�is T,--•:�;;��,-�
<br /> . e s s l mertt l s s�ject to the d�L pawer artd authatiry�ven to the Len d er to co l l e p en d t h e Rsn t s. T h i s a s s i�r r e r A f s r e e a r d e d i n e x o r d a n c e w i t h ,`,����;„`�.-�
<br /> .,,�. �
<br />- ,. '.F J a�pl�ca6le st�o(�;�a Uen created by ihfs essfgnrtert fis irttended W be spedfl0. and choateupon the reoor�ing of this Deed ot Trust,all as ;�'�;'_,,,- `_`
<br /> ' .',.+ C�irantor 8 revo�eabt�e(icen�se to w�Re�rits hom th9l.eases x�ihen snd to use su�tauil under the Ohtigations ot this Oaed af Tnist.Lender�arrts �_-_-_
<br /> du proceads in Iirarrtofs business aperaltans. Havrever.Lender ',��,' � •J�
<br /> ' � � may a�any tlrre B�ire Granmr tc deposri eil Rems irrt�an eeeoiurt maimained by tirantor ar Lender at lenders tnsUdnion. Upon detaull in 8ie�Saymem ��:-�_
<br /> ,. � o f,or in fis pe A a r m a n c e o f,a r ry o f t h e�i t g a t t o n s.L s rt d e r m a y a t i t s a p t t o n t a k e p o s s e s sfan ot the ProperN an�have.ho1d.rtena S a.lease and apa►ate�e - _ —_
<br /> � properry on tertrs and for a pedod of tima that Lender deems proper. Lenderrt�y prooeed to ooltea arid remhre aII Rerrta from the�oparty,�►d Lender -_�,
<br /> shali have fi61 pawer to maicg aitera0ons.rertevations,repairs ar�eptaoerrerttsto ffne PropenSr as Lend9r��deem proper. Lendar may appty all Rerr�s In . -
<br /> ' ' Lenders sale mscreUon to payrterA ot 9�e 060gaUons or to the payrrerrt af the ccst of s�ch attera6ons,sanovai9ons,repalrs end replacetnerrts end�yr �.��o�
<br />• � expenses indderA to tafdng snd retalnlng possession of the Propetty pedomealiy and ihe and a radan ot the Properry. Lendermay�ep the ;_--
<br />- � • �P e rt U WaP��1►insured and ma y disd�arge arry taxes.charges.dafms.assessmer�s and r Qena whi�rtay acaua. The expense and oost ot these
<br /> - a�i a n s t y b s.p�a i d hom ths Rettts teaetved end arty tuipaid amoimts shaft be added to itta prfidpal ot ffie O b1►gaUans. These amaurAs.togett�ar with ',---
<br /> . ather oosta.e n a u 6eca�part af the 0 6 Q g a 8ons sew r e d b y i h is O e e d o f T r u s t � +' ''.' -�.
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<br /> 8.L E J i SES AND a7HER AQRF�lIENTS. Qrantor shail nat take or tail to tal�arry aalan whicn rt8y caus9 ar pemdt the tertNnatlon or thewflhholdmg of • "`, ,s'°'�'"
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<br /> . � arry payrtem in eartne�on wllh ar►y Lease ar olheragreamerA('Agreeme m�pe�g t o t he P r o p e n y. I n a d d N o n.G r a c R o r,w t tl�o u l L e n d e r s p r l o r w d t t e p 's�
<br /> - • wnsant.shaD not:(a)eatled arry rtaniee payabta undar any A�eemem mora than one rtmmh in advancs:(b)mocGty any A�eemenl:te)assign or alfow a .�.;_'•}��
<br /> . � • I i e n,s e c u r i ry irrterost or other encurt�artee to be ptaced upon Gtentora rights.UUe and Irtterest in and to erry Agree►�rn or the amourrts payabta
<br /> thereunder,or(dl teminate or eaneel any A�eemerrt exeept torthe no�a�me M o f arry sum or o t h er m a te r l a 1 6 r e a e h b y t h e o t h e r p a f ry t h e re t o. l f C i r a n[a r , „ �'"�"'^:�
<br /> re�ivas at any tirr�e arry wrttten eomrrumieation asserting a defauit by t�ramor under an A�eemern or p�uporUng to t�emdnata or cancel any il�eemem. ; �:�•.-
<br /> arartmr shaU p�rt�tty bnvard a eopy of such oortmunieadon(and arry subsequeM eartm�uniadions retaNng thereto)to Lender. All sueh A�eemorrts and " '.. ' .Y;-__.
<br /> • � theamouMsduetoGrantorthereunderareherebyassi�►edtoLendera.>d�iL'onatsecurityfortheObltga8ona . '�'�:� . --
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<br /> • 7.COLLECitON O�INOEBTEDNES9 FROM TH(HD PAiiTY. Lender shaU be emhted to notity ar require C�rentor to notl�l�anyr third party(indu�ng.6ut I • ����.
<br /> � not Ifmited to.lessees.Qasnsees. vemmerrtal sull�oritiss and Insuwnoe w tes�to pay Lender arry indebtedness m omigaslon owfrr8 ro Qranto►witl► '`"�_°"
<br /> • • ' respeet to�a Propeny(wrrutat�ty 9ndsbte�ess� whether or not a da�exists under thts Oeed of Tnist. tirantor shall dill�ntly ooUeet ihe -
<br /> � tndabtedness awtng w(irarttar iram these thUd parties umil the gtv(ng of such naUflcatlon. In the evam that Gtmrtor possesssa or re�ives possession o} . �.:—.
<br /> Insm�meMa or ather remitfances w(fi rospeq to the Indebte�ess fotlowin Ute n o1 sush noUflca�.ion or H tha instnmierrts or othar remmsnaes .;�•_�
<br /> ' e�onstlnrte the prepaymartl of sny(ndeb�.�dness or the payrtern ot any Irtsuranoe or oon�rmadon�roeeeds,C3a�rtor shatl hoid sueh insUUrt�ms and othat "� . °.-
<br /> . .� rortJttanees ia mist tar Lendar apart from fts other proporry.endorse tha ins�uments and other tertdttanoes ts a^,dar.and irmnematety proNda Lender wftt� ..-
<br /> � possesslon of fie trtstruments and other remittanoes. Lender shaii be e;�ed,but not requiwd to collect(by legal praoeemngs or olherwlse).extend the , .` .
<br /> " � • time tor payme�.wrrqmmise,exchanp or retease erry ob6gor or ooUateral,or athe�wise settte arry of the Indebtedness whether or not en evem of Qatautt � �,:
<br /> exists under thls Agreerrem. Lender shall not ba Ilabia w ararttar for arry aetion,error,rtdstaNe,ortdasion or delay rtaiNrtg to ihe aetlons desatbed in lhis . � •
<br /> � paragraph or arry da�aSes resuhing therefrom Notwithstandng the foregoing, nothing herein s�eause Lender to be deemed a • .1 •'�.
<br /> • mortgagee-in-possesslon.
<br /> �• e. USE AA1D MAIN7ENANCE OF PROPERTY. Cirantor ahsll take all aeians end make arry re�paIrs needed to ma(main ihe Properly in good oond�lon. � :,. ''
<br /> � � arantor shatl nat eomnft or pemit arry waste to be comnitted with rosped to the Proparry. arantor shaU uss the Propert�l solely in aomplianoe wlth , . �
<br /> a�pnpl5i�8Wdh°u�l Idirii6a�g,e�ae�gn ng,a�ll a�tterations�.addNo�ns an �aiteratlona.addlions or i P perty hall he ub eetAto�ihe benefle7a11rAe�balowdtten ..
<br /> d rt�rovemerrts mada to the ro J SM9
<br /> to Lender.shall not 6e rerr�ved wflhout Lendets pdor written consem,end sfiaii be mada at Qterrtofs sole e�anse. . �
<br /> •�'..� ' . 9 LOSS OA OA�OAGE Granto►shail bear the emire�tsk of erry loss,thett,deswalon or dart�age(cur�fativety'Loss or Damage7 to it[e Prcperry or arry �
<br /> , poNon d�,.�of trom arry eause whatsoever. In the everA of any Loss or Oamage.(irantor shail,at the option o1 Lendar,repair the afteeted Properry to fts
<br /> � • , prevlous�:dNon or pay or eause to be patd tu tandar the deaease in tho faU martmt vatuo ol the af(eeted Property.
<br /> � 10 (NSURANCfi. 1T.e Properry will ba kept insured tor 8s tuil fisurabta vatue(reDlaeamem cost)against a11 hazarQs(netu�ng lass or damage eaused bv .� . •
<br />- r flaod,earth�ako,toma3u and flre,thefl er ofier easuaRy to thn extem requlred by Lender. ararrtor may obtain insuranee on ihe Properiy from sucfi • .
<br /> � i eorrpanles as are a�.c4'ra to Londer In its sole�saetion. The insuraneo palicios sha11 re�lre the insurance oort�ar►y to provide Lender w11F�at least �
<br /> 30 days written notiee before such policles are altered c-eanoeiled in any manner. The insuranoe poDeles shall name Lende►as a loss
<br />- ba ee an pro -that no aq or orNssion of arantor or eny otherperson s-{I aHec1 tha rt�t of Lender to de peid the insurance prooeeds pertaining to the
<br /> ioss or darnage of the Propony. In ihe ovent Qrantor taits to aoquire or rr ntaln insuranee.Lender(atter provlmng notlae as may be requlred by law)may .
<br /> in hs diserellon proeuroapproprIato lnsuranoe ooveraga upon ihe PropeAy end the insuranco eost shall be an advance payabio and 6earing irrtarest as .
<br /> � described In Paragraph 23 and seaaed hereby. t�rantor shall tumish LendOr v�dh eNdenee o1 Insurenee inmcaUng tha required caverago. Lendar may act .
<br /> � as atlomeyin•facl tor Qranto►in rtaWng and senling clairro under insurance pollcte9,canceiling any policy or endarsing�rantofs nams on any draft ar •
<br /> � , � I negotiabte inswmom�awn by arry insurer. All such insurence Ikies shall 6e irrerodlataly assigned,ptedged and detivered to tsndsr as funher saanity
<br /> � for the Obligatians. In the uvem ot loss.Cirantor shail i ately glve Lender written naUee and Lnnder Is aulhorized to make proot o1 ioss. Eaeh • �
<br /> � ' ; insuranae oort�any is d�teeted to maJto paymems mreetty to Lende�Instead of to Lsnder and titatrtor. Lt�nder shall have iho risil�t,at Ra sole optlon,to . •
<br /> epaty such monies twrard the Obligatlons or toward 1he cast ol robuiiding and restoAng thv Propetry. My eirounts may at Lender's opllon be appllad in �
<br /> + tho irnerse ordnr of the due dates thereo}. i
<br /> 11. ZONING ANd PRIVATE COYENAM9. firantor shall not inRiffie or eonsorA to any ehange in the zoning provlslons or prhrate owBnarrts affecting ifia ��
<br /> use o11ho P►opert�withaN Lendels prlor writton wnsarA. If�rantor's use of Ihe Ptoperty beoomes a naneontomdng use under any zoning provision. ; . •
<br /> � • (irantor shall not cause or pertNt such uso to bo�soominued or abandonsd wlthout the prior vrtitton oonsem ot Lnndar. Qrarrior vrill irtm�diato�y provtdo ; ,
<br /> .:�;. Ltinder wilh writtEm notice of any proposed changes to the taning proWslons or private oovenanta affecting the Propo+ty. � .
<br /> �•�' 12 COy0Eh7NATtON. Oramot shall Imonodiatory provldn Londor with wrilten notlee o}any aetual or threataned oondortmation or ominem domaln � '
<br /> • prooen�ng partalning to the Propeny. Atl monias payahle ro Grarttor from sucA oondorra�ailon or taWng are hereby asst�ed to Lender and shall be applied I
<br /> • ' first to ihe paymem of Lender's attomays toos,tegal exponses and mher eosts(inGumng appraisa)feos)in oonneetion wnh the condermation or errinerrt
<br /> , domaln prooeedngs end then,at 1he optlon ai Lendei,ta 1he paymem ot tho Obilgations or the restoration or repafr of tho Property. ( � .
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<br /> • NEDOTA aeu 297 Papozas .
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