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<br /> , �(c) pll appticab'.e laws and regidaUons,indu�ng,without lirt�taifort.th�Artmrkans wilh�Disabilittes Act.42 viRUe osan federal,state oQ�n apal • � , ,` �_; . • --
<br /> regulatios�s pcartvlgated theBUnder)and sll tontng snd buit�ng l�ws artd ragulatlons roleting ta the Properry by Y ���_:�-�•_
<br /> authority with jurlsdcUon avar the Properiy.p►esernlY ero and shall Isa observed and eor►pailed with in a11 material respeets.and ali rigMs.li� �� '-
<br /> psrtrits.and cert+ficates of oaupanaY Ortduding but not Gmited to wNng varlancos,spedal exeeptlons for nancon�rrt n are and shalt be obtained;�,� , . t�
<br /> approvals).whether temporary or pemanem.whieh ere rt�atorial tu the uscr and oea+panaY ot Uee Proporty. Pre N e r. .s�
<br />. � - Rreso^1ed an9.vuhere necessarY.renswed: , , -.,.' ��!':�
<br /> • (d) Cirarttor has the dgtn end�S du►Y auth°tized to exearte end pertom�its Obtigatlons undat this Doad ot Trust and.hose acticns do not and shal noi�w ",��
<br /> � con�iG with the provisions ot any steduta.ragulatlon.ord�nante.rula ot law.corrtracl or other agraemom which may be 6ind�ng on Grarrtor at any urre: � 3• ;
<br /> ...,i•_._.._,��---
<br /> ,..�, (e) No actinn ar proceemng is o►shall be pen�irtg or threatened wht�rti�t r�terlaliy afteet the Property:and •: "- . s�� _
<br /> (f) Cirantor has not vioiated and shali not violate arry smiute.reg+ilation.or�nanae.rute ot Iaw.cord►aet or other a�eerne�t lindudng.Dut not lirdted to. �
<br /> thoso goveming Hazsrdous Materialsl which mt�l matedaliy aftect ihe PraPs►hi w Lendnrs d�ta or irrtetest in ihe Property Pursuarrt to this Daed ot . .
<br /> . �
<br /> Trust exoepl as set torih � '
<br /> � 3. PRtOR OEEOS OF TRUST.tirarrtor►epresertts and vrarrams thal there are no prfor d3ads of wst affecting any pars of the Property
<br /> �'��
<br /> a�Schedu;s g gttached to this Deed of Trust,whtch Grantor agteas to pay and perfortn i�a tirr�ety rrenner. If there are anY Prior deeds ot trust then , �
<br /> Grar�tor a g r e es to pay e!!amaums o:red.end Pe►fo►m all otr�galions tequtred,under sush dseds of vust and the indabiedness seuired thereby and�urther , .s-��_
<br /> hereln or n Vie Obligalton�srto whlch l�ender wo d Ce entiUed ihe evem of arry o�defau�. �d��enime Lender to a!i dghts and remedies comeined , - -- r -.,.__ ,- --
<br /> .. �� � ,
<br /> 4. TAAl�[SFERS OF 7HE PROPF.FiN OA BEN�IClAL IN�ES�S�i�N�G�����ASdi�eduteY0.r arry�interest t erein,oof all�ar�iy bene dfi el 4 • .�` .• .�
<br /> oor�tract tor deed or uanster to anfl Persan af afl or arry Part ershi trus1.o► . .
<br />. ` irrterest tn Bonowar or�rarttor pf Borrowar or Citarrtor Is not a naturalpe� ot persons 6ut is a corp�a�r'�us eoausd�I�t the�reon�lrt�i�d'iately due and .r��. ti ,
<br /> batanea af the Oailgffita p( `. ���.
<br /> ather legal ertl►Y1�Lsnder may.at fts opdon�e the outstan�Yng ptlndp�al � fonh aIl ot its stoddiot�rs,merr6ers.ct � .`, ,`
<br /> .. Palfe�►a. At Lsnders re4�and the e�ent of��spezti++e uw�r►ershlp mere�stum�sh a ecrtpl3ta staterrertt satdt�9
<br /> � -
<br /> parmers.as approAriat • :`•_,.`__ -
<br /> b. ASStGHMFI�IT OF REN4S. In consi�r�:an ot the Obflgatlons,whlch are sewred by thts Deed of Trust.Grarrtor absolutely asstgns to Lender all . ' ,; h"_: .-:—`
<br /> Grantofs estate.d�t.title. riterest,daim arc�dernand nov+ovmed or hereafter aoqulred in sll exisling and future leases of the Property pndudn9 . T,�
<br /> extensions.renswals and su6leases).all a3�z��Ms for use and oowpan�ofnceeunde ett�ie�Lease�s�.tagether with�e irme�ate aned eoMinufng rlght to �...�._..r,�.__
<br /> hereafter re'�-�rr�to as the'Leases�.and aHpuaran�es of lessees'peAo :,,.,t„ _.; -
<br />� ' ooltect�c;o�i-ro all of the serrts.incorre.receTpts.revenues.lssues.Profits and other income ofarry nahlre now o►hereafter due(nducfing any tnoome of ., ,s'�
<br /> ,. , any n��'9��"�any rederr�luo PBdodl under the Leases or from or arlsing out ot the ProperlY Indumng rtinir�m rents.addidonet rents, .,� �' .;� ,��.;. .;.:�„�_
<br /> �ercer��a ti-�",s.part��;ar xmron area malrrtensnce cenMbuUons.tax and Insurance oot�trlhutlotts.deflde►wY rerrts.liquidated dama es tollowLzg J : ,: .:.-..�,�c. "
<br /> . . � de'a�!��^�:�Leasa.al��ra�eds Payable unde►any pnllcy of Insurarsee c�raring loss ot rente resullln9 hom iartenantabtliry raused��from the . . '�`a.°.,��: _
<br /> the Rroperty.aU Proceads ,.;�.•`^r,>:"st_-.`,c�= �-.=
<br /> . d�nate��r Yrr�?m�arty.a3�atceeeCs�;a'ltia as a resuR of a lesse9's exerdse of an apUon W�SEey dghts and daUns of any Idnd wiifah Qrantor ;s.:'i•s�='' -
<br /> �,�ran or:�jechon of arry Lease in a bar�m+puY or othar InsoNency�ng,and all proceeda ^.-._,�.;
<br /> �:-�- n�i;�-e a9�st any lessee under the Leasas or any ocwParrts of the r�Y(alt af the ebove are heroaiter aollectivety retemed to as the'ReMS'1. ThIs .•.x,,,.
<br /> wer and authoriry�uen to�e Lender to eolfecd and appty the Rerrta Thts asat�rA Is reoorded in aaooMance with - �?.''r- •-. �,;�_
<br /> • ",;�;�rt es s�bject to the rlgM,po 1fe
<br /> i,�'r?>�?�y".'��
<br /> " �Ii s a ti t e s.�e l a w;�h e[e n c r e a�e d b y f h i s a s s i�u r em Is hnended to be specifla P��and choa[a�up?�t�he recording oi thls Deed et Tntst.all as .i •'� �.:�
<br /> Fro�ldad by ap�tirable s�a law as amended from tlme to tbr�. As lortg as thare is no de t a ss l t un d er I�G r a M o Y s bus ness aoperatl ns NHow�Le�n d a r _'� .
<br /> - � Granror a rovoeable licensa n colleel alI Re� irom the Ltases when due and to uss such p�o�eds . . � �
<br /> rtay at any U r re r e q u f�e G,�a m o r t c d e p o s ft e a l!R e n t s U n o a n a c o o u n t m a f n t a(n e d b y C irantor or lendet ffi Lenders Instfnnion. Upon default In ihe paymer►t ,.:'�.,.. ?b; . ,�. ' --_
<br /> . of.ar Ir.µre�rtemence of.anY of the ObligaUons.Lender may at its optton teke possesslon to ooP�a�nd recelvs aU Rer�iis h�om�lhe�ProPerh�.a d Len�r '. '.. , �; ';'s::� ��
<br /> r�Lender may proceed r Lender rr�y appiy al Rents i� .�r �
<br /> Pro r.;�ta;^�s and for a pertod of tirre thai Ler�r deems pruAe• mertts to the Pmperty as Lender may deem proPe• - ,� ,' :�;'
<br /> sha�.awa fu6.�er�o make atterattons.renwailons.rePatrs w replace . ',� `.;�; ..
<br /> LendeYs�cs.�.:�cn t�paymant of tha OMigattons or w the paymem of the cost of s�a�eftaratlans.renovatlons.repalrs and repacertx�nls and any - r�'. �. , . .`
<br /> . e x p e n s e s:�v:t e e r.t t�a•�.�:��g and retalnlng possesston of the Properry perto�S�Y and the«qna9err�M ar►d°p�n of ihe Properry. Lender rn3p i�ep the •
<br /> ',:• , ,�;�rd may d s c h a rge an]►�.�'Bas.d a l m s.a s s e s s rt r 3 r A a a n d o t h e r I t e n s w t t t c h a o a u e. T hs e�snss and ccst of those .�f.. . �'� �, y+�!r�'
<br /> �roperty ynperlY�%. s. These arrourna together wifi ,., :�:!`:;ii�y�;;�._
<br /> DB artpuMS sha11 be added to the pdndpal ot tha��► _ � •.
<br /> .. acUcns�be a:�°r,a Rerrts recetve0.and arry unpaid �•,.��;��y„,:`�
<br /> . other�:��nal�Yecv"+�1SS�of the Obllgatlons seeured by this Deed of Trust. ; s ;"f'�,.�
<br /> . �• 7,i�fiF;3(�'• o
<br /> • Y i P� S� �'
<br /> ' &LEAgES p�1D OYHER AtiREEI�. �or shetl not taf�or fall to tak�e��!'�actlon vthldi may causs ur Pem�t the terminaUon ar the withhclt6ng of 3��• �t r.,..
<br /> . � any payrtertt In wnneetlon wflh eny L.ease ar othera�eomsrn CAgreerre�►�pe'�°'Nng t°�e PropenY. In addtlon.Grarttor.withoN Lende/s plor wdtten ,,.;„.�
<br /> . tfian one morAh tn advanoe:(b mod :(c)esslg�o►aUow a ,'".�•,�°`.,
<br /> s under mem mara ) fy anY A��m ,�� .�� �. ---
<br /> oonser�t.shall not:(a)colleet arsy montes payab! enY�A�.gee emem or the arrouMS payable r �{:•
<br /> Uen.sewrfly irrteresl or othar encurtbranm to be paaed upon(irantors�IgMs.titte and Inleres9 In and to any ASra _
<br /> thereunder,or(d)terminate a cancel any Ageerrem except tor tha no(3rar�or under�an A�eemerrtr or purporting to�rtNnate or�calearry 'A�eert�nt. �:
<br /> • reeelves at any t1rre anY wrluen oomnunicatlon assertlng a defeult by � ': .,`
<br /> Ciraritor shallpratr�Uy forvvatd a copy of such ootmumleatlan(and eny su�e�e"t�°m�un�c�ons relaiing thareto)to Lender. P.II sueh A�eemerrts end �`�.� .,.,
<br /> . tha arrcunts due to Qrantor thereunder aro hereby assfgned to Lender as addt}onal sewricy tonhe Odlgaifons. ?�r'� '�--
<br /> �:+s-;�,jii�,�
<br /> . 7 COLLECi1GN OF U�dlEBTE�NE88 FR011 TMIRD PAfiTY. Lender shall be e+Attted to nottN or�tre t3rarttor to nov(y arry third party Ondu�ng,but s� ��-;-_
<br /> not tlmlted to.less�s.G�:�-�ws. mm�xitat authodUea and Insuranee oortpanles)ta pay lender arry fidebtedness a obllgaflon owing to Qrarstar with ��,.�"
<br /> w
<br /> , cespect to the Prc�y�1»rrau ely'IndeMedness�whethor or nat a default ezlsta w�dor thls Oeed of Trust. ararrtor shall diltge►rtty oolleet the ;:.. .�.
<br /> � �° �ndebte�ness awing to C�t�tor fram these thlyd pa*tles urrtll lhe glvinD of sudt rroti@eatlon tn tl�s event th�tiran►or possesses ar rewtves posse"osbn of
<br /> any ir,�urrmnta ar aII�er ramtttanoes with respeel to ihe Indebtedness following the giving at suah noUtk�f+c►�or H the Insdumarrts or other remittaneea
<br /> � .�; ,..?, eonsGiuto u`te prepayrtiertt o1 any Indebte�e:s ar the paymarri of arry Insurar�o ot aanderts�adon prooeeds.t?terrta shatl hold such lnstrur►�errts and other --- - .
<br /> ; r+ti; remlttances In trust fcr ler.6er apari from its other properly,endorae the Instrumenta and ottwr rerNttanees t�+�onder,and imna�o �I�.e�ertd the �'•:
<br /> :�'i:p possesslon of the Ins�urra�ts end other rertittenoes. lander sfiali 6s errtlUed,but r+ot requlred�to coVeet(�y la6at�ocea� 9g `^- `
<br /> .��:,i tirre for paymerA.wrr�o*r:s.exchange or release eny obligor or eo9ataral.w atherwlso s�atdo anY of ths Inde4te�esa v+rhe7her or nat an etirem at defauh Y •-.,��r:--
<br /> exlsts under fhis Ageerr�-r.. Lender shall not be Ilabte to tirantor for arry acUan.ertor,rtlsteka,omisslon or delay pertatnh�g to the aottons Qesafbed in this .n::•-=�
<br /> . ..,. � paragaph or arry 6ar.'�5es rosulUng therefram Notwithstan�ng the faregnln8, mfiing hereln shall causa Lsndor to be d�med a - _•�=,�,'�'�
<br /> r�rcge,gee-In-possesslon. ` .;*y �
<br /> . e. U8E AHD MAIHT�NANCE OF P�9F1912'PY. arardot shall take all acUons end malce any repalre nea�d to mafmaln the Ptoperry Ifl p�ad condUon. _ •'" '.r:.;.:, ,,.t-��_
<br /> ' Cirentor shaD not cat�it ar pefrr1t ar-��ra�o to be cort�ritted w(th reapect to tha Property. Cirantor ehaR use the Property sotety ln corrqllanee with �::.;:s. �.n�r.,—
<br /> ..� � epp�Itabla law and in�a�3 po�des. Grartitor shall not rr�Ice any elteraUona,add'iUons�h�rovemerrts to the Rropeny wrihoul Lender's prlor written ��".��,�� °
<br /> eonsem. Wnhoul Qrrtt`s�,ys6�'� t�: °'i alteraUons.addtlons end(rt�+ovaments t�ada to the PropeAy shall be subjeet to ths beneflttal Irrteresi hetongln8 .:-j::.-=:�.,..,-r-�_-
<br /> '.;' .`.,- . .� ,..,r,- �
<br /> to Lender.shall not be c�,s:�d w'�uhcs�.^�.4�r.dafs pHa wri�an oonssrtt,and shall b0 made at Qrertto�'s sole e�enss. W ' '';yfi;• =
<br /> � 9. Ld98 ON DIik1�G�. Gramor sha��the errtlre dsk of eny bae.ihott.dBSUUCUon�dama9e lu��ws�Y'��or Darmge�to the P�operry ort an�8 ;;�,`�/i:L?��-
<br /> . . poNon thereof from any cause whatsoe��T. In the evom ot arry Loss or DamaQe.�irentor sh�l.a1 the optlon of Lender.repalr the aftectem�P+opartyr i, �A��
<br /> • previnus condilor►a pay or cause to be pald to Lendar tho doaease In the fa�r rt�arimt vallo 01 the aHected Proparty. '�'-i;� . ., , . .
<br /> : ,. .� . :�•� ,
<br /> ,_��,.
<br /> t0. INSURANCE 4P�P+vperhr wm be kepl Insured for fts tull Insurebb vulue(redaooment oosl)egalnsl ali hazards induding loss ar datrc2�e caused hy " 1i'':'.�, •i,��'.}l,•.::. '
<br /> :�� tlood,oarthquaks,tarrt�.do and flre,theit or olher easuafry to the oxterrt�equtred by Loreda. C3rarrtor rmy obtaln insurenoe on ihe Properry hom sueh ;,, ,,,�;s.y;Y.:"°
<br /> , ooRpsn es as are aocoptaWe to Lendor in 8e sole c9saotlon. The Insurenae potkJas she11 naquire the Insuranoo eortpany to provlde Lender wah at leasl �..•:� ,- �..:•r�•�{_s��,
<br /> ( tad
<br /> ; 90 days written nolice bofore such poltdes are aNerod or canooltad�n e�r1y rrenner. The Insuranee polldos ahall name Lo-Wer as a loss ;,;;;,n.,-;����'��?��
<br /> py�a that no act or omtslrm of Cirantor or any other pereon chall afteet the rlg�t of Lender to be pafd the Insurano�proeeeda�SOAalning to the � �, • :
<br /> loss or dat�ge of tho Properiy. In U:e v�sam arentor(aila to ao�ulre or rt�ilntaln Insurance.Lender(after prmrltGng notiea as may be requi.rY�by Iaw)may � t t �1... �Y
<br /> In its mscretlon prouaa ayproprlata ir.s�rance ooverego upon the Prapnrty and tho Insurenoe cost sha11 be an adw�+nee payable end bear�n8 irrterost as :_ti•_i�.,..-,T-i���:�:,_
<br /> descr{bed in Para��'3 2rd soeur&d hereby. C3rantar shall tumlah Lsnder wlth ovldonoe af Insuranco in�eating the rs�tred ooverage. l+endar may act . � • -;y�
<br /> � as aitomoy�ln-taet taf�.lrar in making and cettling clalms undor Insuranee pol3dea.cnrtoo"t�anY Pnll�y ad��frvered to�Lender as turther secur0ry7 ' � --
<br /> � negoUable lnstrurrorst Crarn bY anY�nsurer. All such InsuranoepoIldes shall be Irm�edntoly ess gned.plea9e . .
<br /> ' (w the Obflgations. In ihe overA ot loss.arantor shall tmrediffiely ghra lender wrilten notice and Lander is authorized to rreke proot ot loss. Each • . • ' . . -
<br /> • lnsurancs�corrqany Is dreGed to rrcilte paymerrts dreclry to lender Irtstead ot to Lond[rr and t3rantor. Lender sha11 havo tho rl�t1.at its sale option,to
<br /> � , eppiy such rtnntes farsard the Ob11patIons or taward the cost of re6uil�ng and restoring the Properry. My amourds rtey at Lender's oytion be applied In —
<br /> . tho irrvets3 order rA tfia due dates tfiereot
<br /> ' 1L ZpN{At8 ANp PAR/ATE COVENANTS. Ciren►or shall nat Inivate or conserA to any change in the zoning provlslans or private oovenarrle aftec�tn9 fna • :��
<br /> uso o}tho Praperry withoul Londer's prlor written aortserrt. �1 Grantor's uso ot the Properiy becomes a nonconloming uso under arry zoningprmfsnn, , .
<br /> •� tirantw shall not cause or pemit such�t���z�g���ns or��prlvaCa oova�nantr s afteeti�ng the P o�rnty�r. Grantor will lmmodate yt r prov�de . �
<br /> Lendet with wrltten noUee o arry propo 90 ` ..
<br /> 12 CONDEARVAT10P1. (3ramor thall Irtme�ately Pmvlde Lender vdth written noUoo 01 eny acwal or threatened condertnatton or ertinem domaln � ,. . . , •"�--
<br /> 1 procee�ng portalning to iho Property All moNes payab�e to Grarrttor fiam such eondertnatton or taking ate heruby assl�od to lArtdr�r and shall be aDDlied . • _ •
<br /> ar ..
<br /> first to tho paymeM of Lendafs attomeys foos,lagal exponses and�of the Obti(in o s or tho�s oratlon�o►repalr of he Proporty n��IItlon or eminem
<br /> , domaln proxedmgs end than,at the opilon of dnndar,to the payrror 9at1 .
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