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<br /> , .. � • ��� p9'applicab►s laws and regulatlons.indud�ng.w[thout Grrdtadion.the Amedcans with Oisabifities Act 42 vUNe ot��tederat.stat��muniCpa� .
<br /> , �• ��ipr�s ptomu(gated ihereunder)and all zoning and�and shall6e a6se�vednand�ed wilh in amrt�rate►ial resPeets.and all rigttts.iicenses. _
<br /> ' authodry wt[h jurisc6cdon over the Ptoperry.Presem►Y ���5����ons far nanconbrtring uses,and final inspe�tion � .
<br /> -: - —` permtts,and aertifieffies ot acwpan�Y lind�+dn9 6en not GrNted to zcrdn9 are and shall he obtained. --- --_—-
<br /> . - ` ayprovets).witether teri�oemY�Pem��.vAildt aTa materie!to tlte use and oaupanaY cf the Rropetly.pres�ntly � ._v
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<br /> p�eserved�rtd where neaessarY.renewa�
<br /> . , (d)Gtantcr has the d�rt and is duty authorized to exeeute and perform its ObGgatiat�s under ihis�xfiid►may�bB 6lndmg on iiracrtor at any timel not Q�
<br /> conflict wah the pravfsions of any staMe.reg�0a�lon.ordnance.rute of taw.contract or other agrea � ,
<br /> � (e) �to aGion or p�oeeedm9ls or ahaU be pen�Lng orthreaQenedwhifi rtdgM m�ertaDY aftea the Property:and � . .
<br /> - (fl GraMor has not viaiated and sha0 not vfolate ar►yl st�ute.re�tatic�,ardnance.ruls of Iaw,oor�traci or other agreemerrt(indudm�to this�0 dtot ,
<br /> those�vemUig Hazard°us AAaterfafs)which rtdgM mazedaUY�iha Property or Lender's dgMs or lnterest in ihe ProPBrtY P� � . . . ,
<br /> Trust
<br /> • - 9. pR10A OEEDS OF TRUST.Gratrtor represerrts and wartat�is that there are no prior dseds of vust ffifaedng anfl P�ot the Property excePt as set toAh . .t'�
<br /> �'��� on Sche�e B attashed to ttds Deed of Trust,wh►��Cvan�t�or�?�s to un�wch deeds of�vu���and the in medebtedness�seai�red thsrebyr an�d fiuU�er � �. �, ' .
<br /> - , ;-,_� Grantor a�ees Lo pay aU airounts mved,�d peAo _ .
<br /> here�in or n me 01�1�to�wfiid�Lender wo�idd be e[rtitted�everrtd of enfl other detauit.and st�aU es�ti�e Lenc�r to alt�ts and�eme�ies contained ----_- -- •- -
<br /> - 4. TRANSPEAS QF THH PROPERTY OA BH1BrICiAL INTERESTS IH G��B��d���ruerest there(n.a�r of aU a ry beneftdal .. • '.
<br /> oo�tor deed m transfer to arry person af aD or arry part of the real ProPBrtY .. �--t`
<br /> ' •;. trterest in Borrower or Qrantor(rt Bonmver or CUartLOr is nat a naMai n ar persans bul is a corpo�������•��due and `.. .. . '
<br /> other tegal errtny),lanaer may.at its o�don aeaare tne autsKan�ng n�doa►na►ance ot ma obagaitons p!u `
<br /> . ' � , payabla. At Lenders request,Granwr or Bortawer,asthe�e�h�iterests.��a co�tete statemsm setting torth a0 ot its stodd�otdera rt�embers.or .
<br /> parpiers,as a�proptiate.and fie extetrt of theU respectfve . - :i",.
<br /> 5. ASSlGN�1T OF RE[yiS. in consideratlon of ihe O1�Ii�tions.wtild�are szcured NY this Deed ot Tnut,Grantor a6soditely assi�s to Lender all .
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<br /> � Grantor's esNate.n title.intetest.daim and dert�td naw ovmed or here�ee Paocp�hed a0 sueh leases and agreertierrts xfiatherPwMtenyor�aral,are � - - �-
<br /> � ' ���,• e�ensions.ren�and subleases).a0 a�eertertts for use and oocupaney PBrtY( , �-"
<br /> • >-';r�, hete2foer refe rt e d to es t he'L e a s e s�.e t l d a l l�etutes.i e s u e s.Profits snd otherinoorr�e ot�arrynam re no�v�or h ee r e a f t e r�e M d u d i n g nui i n 9 o o rt�i e o t _� ;Y �'--
<br /> cu0eet and raceive aA of the rents.inoorts.rece under ihe Leases or tram or arfsing aut of the Pmperty indudmg minimum�.�mai rents. • - ---- y
<br /> � any namre ear�dng�e d�sing anY redert�to�P�� corrtdbutions.tax and Insuran�eontrilAitlons.deftelency re►ns.Uqutdated dart�A��followtng � *,.�.�:�
<br /> ' perc�ttage rants.Paridn9 ar aommon area mafrtenance �insurance ca�erfrtg loss of rerits residUng fram wrter�rttabiGyt raused b�►d cUon or . . _,_
<br />- � detauft in�y 1e25e.aU pro�eds pay2bte under anY Do�Y �S
<br /> damage ro the Properry.all Praceeds PaYable as a result of a tessee's exemise of an op8on to p�u�hase the Pmperty.aU Waweds rtved irom the . ���: ..
<br /> temina�on ar rejecUaa of any Lease in a ban4vuptcfr or oUier insoNency proceesSng.and all prooeeds iromany dghts and dairrs of arry Idnd whtch Grantor •r,.�.;,.-
<br /> - � . ° may hava a�inst�ry iessea underthe Leases or any aoaiparrtsot the Rrope►4Y(aU af the abov�e�he�is assi��m is reoorQed in acoordaz��with , . ° i,�' -
<br /> � ., .� assi�►ment is subjeG to the d�A,power and auihority g'Nen to 9�e lender to ootleet and apply � . '�
<br /> aFplleabie state law:the Ilen aeated bll ihis assignmetn is irrtended to 6e spedflc.Peifected and ehoate upon ffia reoording of this Deed ot Tnist.aU as I:�_ .
<br /> . , • ,: ptovl�d by appiteabte state law as amended tram Ume to tfrre. As long as U�eze is no defavtt un�r the ObUgafions or ihis Deed of Trus►.Lender grants �;�`
<br /> Ciwrttor a revocab(e Gcense to eolled all Rerrts fr om t he L s a s e s w l i e n�e a n d t o use such p rooeeds in(irantor's 6usiness operationa Howeuer,L,ender r w' +
<br /> ' � may at any tlm�rec�uire Grantor tu deposit all Rems brto an seooum maintaUiad by Qramor or Lender al Lenders InstitWon. Upon delault in fhe paymerd l `�`;,?.:.�.,
<br /> . oL or in the�Aomance of.ai►Y Satlons n ai the Properry and have.hold�a9a•lease and operate the ,�'� .. s:..;::��;.
<br /> ' • - -�-R oE the Obli ,Lsnder may�its optlon tal�Pcssessio d to oottect and receive ail Rerne fmm the P�Da�'�Y.and Lender .. ''�y1.�==.:
<br /> ' � Property on terms and tor a period ot titre that Lender deerts proper. lender may P�ocea _ . '�:::+ �i:
<br />- shal!have tull pawer to�tialw atmradons.renovadorts.repairs or replacemerds to the PropertY as Lendar rtey deem proper. Lender rtaY BPA�Y e�l Renls in .-� �:,,
<br /> � � ' Lenders sola dsaetlon m paymeM of the Oblig�tona ar tc the payrt�M ot the eosl af such atteratlans.renavadans.repaUs and replaeemerAs and arry ,•�y •%'z:"'?°
<br /> and the rrenager�rt and operatlon of the P�opaM. Lender may keep the "'-�i::;
<br /> e�enses incidertl w tatdng and cetalNng possession of t�e PmperlY Per►o�eaih► • ` �:�`s_
<br /> � ` PmPenY P�J��Y insured and may�schaBa enf►taxes.d���d��metrts and other Uens which�aaxue. The expense and cast ot these .
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<br /> aarons may be paid from the Rents ceoeived.end arry unpald artrounts shail be ad�d to the prindpal ot the O gattona 'ihase arrourrts.together with , .;�-;�':
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<br /> other casts.shall heeoms part of the Obligatlons sewred b�l this Oeed of Trus4 - ;.r.`r�.-..
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<br /> � 6.�qgEg qNp pTHEp AGR�IEt3T8. arantor shail nat take or faii to taka any aaion which may eause or parmit the termination or the vrithhotdmg of . f;�.. •;;,
<br /> e�Y VaY�rt in connedion whh any Lease ar other a�eemem('A�aemem�pertaining to the Praperry. In a�don.Qrarrtor.without lender's prtor wdtten ,.
<br /> rrt rt�te than one�rnh in ad�renca:(b)rt�ty arry A9reomer�:i�)asst�or altaw a �� :
<br /> � eonsem.shall not:(a)eciteet e�ryr moniea payaEte under any Agreems :
<br /> Uen.searitY irtterest ar mher enuun6ranee to� 8�°to�r the nro tors��,of any sum or other�material��other party Uiere'to. If 0 antor . ',-;,:
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<br /> . . - thereunder,or( terminate or cancei arty A�ee pa . "':�'-;::_=
<br /> reoehres at airy any written comrrnmicaUon asserting a detauR by arantor under an A�aemem or puryoAfng to temdnate ar eaneel arry A�eemertl. -r_-
<br /> Grarrtor shallpror�tiy forward a eopy ot sueh camrtunlcation(and ar►yr subsern�ern ooav�wnicatians retaHng thereto)to Lender. All such Agreements snd . �.• s,.-
<br /> the ampurtts due to Qrantor ihereunder are hereby asslgned to Lendar as addAlonai sewrity tar the Obiigattons. , " 3�•___
<br /> 7.COLIFC7ION OP[NCEBTEONESB FRONI?HIBD PARTY. Lender shall6e errtitted to noUty or requira(3tantar to notifv arry thtrd party pndu�ng.tsui -�!� .
<br /> � not Iimited to.lessaes.Ileensees.govemrnental eultiorlfles and insurance cor�aNes)to payi Lender arry Mdebtedness ar obiigatlon owing w Q�n o�r w�ith .;-��y.
<br /> '`�;; � �to tha Properlyt(amnrtaWeh�n�4tedness�whether oT not a de�auB exlsts un8er this Oeed of Tnist. Cirantor shail dllger�Uy . . ;.y�-
<br /> �n ptedness ow(ng to Qrantor trom these third parties urtti�the�ving of such natiflcation. In the svert that C�rantor possessas or rarahres possession of '`�
<br /> ' . • . any instrumefRS or other camittenees w(th respaet to�a Indebt fcfi�foi�o�e oihoon�ds��on�oeeads.Gtantoir hatl hot�d ueh in r�sdurt�ts��er -
<br /> consqdite the preDaYrrem of enY Indebte�►ess or the paY�m erg► rovlda LenQer wlth • .
<br /> ' rer�tances tn trust tot Lender apart hom its other proparty endorse the Instrumerrts and other rertinances to Lendar.and trtmiematety p � � . .
<br /> le rooee�nga or othenNise),extend the
<br />_ � possesslon of the insUuments end other remittances. Lender shali be errtided.but not requlred,to ooUsat(bY �1 P ,.
<br /> UrttB for payment.cort�rcMse.exchange ar telease anY o6ligor or taliateral.or olherwise setde any ofon or�I��rtalN��etie aeflon de�sa(68dan this
<br /> e�d��r this A�eemern. Lender shall not be liabte to Cirantor for any aeUon,error,Mstaida.amiss ay PB 9
<br /> � or arry damaSes resuiting therehom Notwflhstanding the foregoing, nothing herein shall cause Lender to be deemad a .
<br /> : . . mortgage�ln�possession. •
<br /> & USE AND MAIMENMICE OF pan�waste to 6�o�mniUed w�'rth respe�et�t Ute��rryy��►urtore�all use ihePmpetty sopel�ln oor�r�plianoe w�rih _ ;
<br /> Qrantor shall nat corturil ot permit y
<br /> .:,1,' j aRplleabte law and insurance polides. Qrantor sdall not make arry alteraUons,addiflons almprovemems to the Property wfthout Lenders prlor wr(tten ' ,
<br /> � wnsent. Wilhout limiting the(oregoing,ali atter�lons,addAions and ir�covemerrts made to the Property sha116e subjecl to the benefldal Irrterest belong(ng •
<br /> ' � to Lan�r,shall nm he removed wnhout Lendera prlor writtan conse�.and shall be rt�de at Qrantors sale expense.
<br /> • . I 9. L039 OR OAMAQ6 (irantot chall boar ihe entire dsk o1 any loss,iheft.destrucllan or dam�ge(wmulaUveh"Loss or Dartiage'to ihe Properry'or any .
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<br /> � : ! poNon ihereof from any eause whatsaever. In�i:e evem ot any Loss or Oarr�ge.Qrerrtar shall,at the optlon of lender,repair the aHeeted P4'operry:to its �
<br /> • 1, p r e v iou s o o n d i t l o n o r p a y or eause to be p a id to Lender the deuease in tha falr market value of the�tected Properry. � . . , •
<br /> �� • � 10. tNSURMlCE Tha Property will be kept insured for fts tull insurable value(repIacemem�ost)a�insl ail hazards indumng loss or damaga causedby
<br /> ' � tlood,oarthcp�ake,tomado and fire,theft or other easuaHyr to the extem requlred by Lendor. Grartor may obtain Insurence on the F�ropert5►irom eucfi ,
<br /> � wrtq�anles as are soeeptab�e to Lender in hs soie discreUon. The insurance polides shail require 4�insuranee oompa�y to provlde LenQsr wifi at leasl�
<br /> rtq�an
<br /> 3 0 days'written noUce betore sucfi poiicies are akered or eancelled In marmer. The insurance polieies shall natre.LendAr es a loss
<br /> pa ae an prov �hat no ac1 or omission of Grantor or eny otherperson shall aHect the�l�gh't ot Lender to be pald the insuranee p�aoeeds pertalningto the .
<br /> � losa or damage of the Property. In tha evam Ciramor fails to ac�lro or mairttaln insuranoe.Lender(after provldutg noUce as ma e�tl h 1�8,�a�u�u�� .
<br /> '�'. in its�suo�on proeuroapproprlate Insuranoe eoverage upon the Properry end the insuranee cost shall be�advance PaYabt
<br /> desen'bed in ParagrapA 23 and sewred hereby. arantor shall fumisfi Lendar with cvidonce of insurance in�icating the required coverage. Lender may aet
<br /> as altomeydn-taet tor Orarrtor in making and setUing daims undet insuraneo poiides,canoslBng arry poliCy or endorsing GrantoYs name on any draft or .
<br /> negotlable instrument drawn by arry insurer. All such Insurance poliGes shall t�e Irtoriediatety assigned.p�edged end delivered to Lender as turther seeurity
<br /> . fot ihe Obligations. In the evem o1 loss,t3rantor shali immediatety glve londer writton nouce and Lendor Is authorized to make prool of Ioss. Each
<br /> InsurFUieo oorr�any is dirocted to make pa}m�errta dirt�ct�Y to Lender instoad ot to Lender and tirantor. Lender shall have the rl�h1,at ds sote optian,to
<br /> =��:* � apply such monlea toward the QotigaUons or taward the eost ot rebuitding and restodng the Proparty. My amuunts may at Lendefs option be apptled in
<br /> t:;�� me imretse order ot the due dates theroot.
<br /> 11.ZONitNQ AND PRIVATE COVE4VANTS. Cirantor shall not Initlate ar oonserd to any change In the zoning provislons or private oovenarrts afte�ting ihe �.
<br />. � � use of ihs Property w i t ho�t L e n d e r s p r l o r written eonsem. It Oramor's use o}the Properly beoomes a noncantorming use under any zoning provislon,
<br /> � I�.ende whh w�tten�n tice o1�anY�Pe ed changes to tho zoning prov�islons or private eoven�atrts Hectl g he PropoAyr.r. Gramor wi l l i rt s r re da te ty provi de
<br />, ;, ,� 12 CONOEMNA710N. Gramor shall inanndiatety provlde Lendar with written notioo ol any actu a l or t hreatene d oon d e r r m a t i on or ertdnem domaln
<br /> ' praoeed�ng pertaining to ihe Property. All rronies payabte to Grarrtor hom such eondertmation ortaking aro hereby assigned to Lender and shatl6e ap lied �
<br /> • first to the payment ot Lender's attomeys tees.legal e�enses�nt t ihe Obit�i��ons ogthepros orationlor epalr of the Property. nderrv�ation or e�nem
<br /> domain proceedings and then,at tho option ot Londor,to ihe payrrro 8��
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