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<br /> virtuo ol nny lodaral,stnlo or m�:nlclpal
<br /> (c) All appll o�°I o cd Iharoun�dor)nnd N�on n��'d bulldi A��nwo and r�gulatn e rotaU g'to he Propepy byU�.C. SaetloR t2tOt e�seq. (en n f'
<br /> ropuir,llotis pr � ocontl nro nnd chnll P�o obaorvod nnd cnmpllod wlth In n11 m��torinl ronpocte, nnd nll rlphta,Ilceneue,
<br /> I nuthoruy�•rllh�uricdlalonover tho Rropeny,pr Y �n� ot iho Propony,proson�lY nro nnd ch:'I ts�oUtnlnod, �
<br /> 1 por��Via,nnd cort��lcatoo ol occ��Pa���rf ti�nlom��wl�iluch�nroln�torinl to iho uso nnd otc�ip,n1 yx�n�lann Ior n�nconlonnin�naoa,nnd linnl Inapoutlon _
<br /> � npprovals),whothor torrpornry or po ,
<br /> Ip�eaorvod�nd,whoro neconsary,ronowed, I -
<br /> � (d) Qmmor hne Iho 1`oh�;odQn���u tahregulotlor�orGnanra,n�lo�ot Inw�aOo�nir�nct m othur�ngraepaM w1i cli i�mY bo��N n orhnmr:it n�r�iy i�Ipnot I
<br /> � Conlllcl with Iho prov �
<br /> (0) No nctlon o►proceoding le or�hnll be p�nding ol ihroaten�d whlcli rd�tit nnterlally nllrct tha Propaty,u� �reunnl to Ihln Daod ot �
<br /> Iho6ernn�a ning Hazardoua Materlale)wh hnrti�i►y�orially a�cctltho P�p^nY or�Londoro�rlghter or�lntorostrin�o�Pro��po�ny p� ne'���not Ilniiod to,
<br /> i Trust.� g rt ot Iho Proarty oxcept ae sei lonh (
<br /> � or tleeds oi truat then
<br /> . i 3. 9RIOR DEEDS OF TRUBT. Cirantor raprosonis and wnrron�e thet there aro�n�O��o�In�a tlmely�rr►�nnor.All tho o are nny prl
<br /> on Schedu�e B ettached to thls Dood of Trust,whlch Orantor agrees to pay
<br /> � Orantor egrees to paY aU amounte owed,and poAorm ell obllgetlone requlred undor suth daeds ol in�et and the Indebtedneae seeurod iheroby nnd lurl ior
<br /> ' egrees that e de���i�����o whl�h Ledor would bo entibled Intho'ev n�t�orl uny o her dol ult�8nd ahall entitle Lender to ell rlghta end remedles contalnod
<br /> ' horuln or In the ga
<br /> rt of tho reai propurty deecribed In Schadule A,or eny Imoreat thereln,or of all ner6hl ,�trusicor
<br /> 4. TRANSFERS OF THE PHOPERTY OH BENEFlCIAL INTERE873 IN�R�`NYORS AR BORROWERB. In tho ovont ot a eele, conveyanoe,leaso,
<br /> contrect tor deud or iransfer to eny person of all or any pa
<br /> Interest In Bortower or Orentor(If Bonower or arant�r Ia not e naturnl poraon or porsons but le e corporatlon,Ilmited Ilabllity corr�panY.
<br /> othnr�legaAt Lsnde s r questyt3�runtor or�Bo owere,flse he cs edimay be,�shall�lm h a comp�et 8 t�atemonl setting lorth all ot Itse ixkholdersiat��r oa , - � �
<br /> �nors,as npproprfate,end the extent of thalr ruspective ownershlp irterests.
<br /> 6. AS81t3NMENT OF HENTSerest dalmrend de�mand�°wao�wned or hereafter aoqui ed hn ell ex tn9 end fut��ira�le�ses� oillhosPronperry(ind di 91 _-._...
<br /> � Ciramors estate, right, title,I t c of ihe Property ell such leasas end agreemanta whether wrltten or oral,are „ �''� �
<br /> � extenslons,renewals end subleases�,ali egraemarrts for use end oocuFan Y t,.��y�-__�_
<br /> I h e r e a f t e r r e f a rt e d to as the'Leases 1,and all guerantloa of lessees'perbm�ence undet the ases,together with tho Irtvncdiute and contirniing right to
<br /> y i �"'�?� s_�
<br /> 1 colloct and roa3lve ail of the rents,income.r e c e l P t s,r e v e n u e s,I s s u e s,p r o fi l s a n d o t h e r income of an y nature now or horeafter due(Including an Income o -�,,
<br /> any naturo corr�ng duo du o'�rtY�►�ar a°�D�nt�nen�rntribullo sgiax frend Ins ren� comdbue no.�denHclency re nt s�q u ldated d�am3gos following ^ y�Y__
<br /> . � , percemagE+rems,psrtdng �e under eny pollcy of Insurance covedng loss of renta resultin (rom untenantehlll ���g����from tho -__
<br /> tY
<br /> !.�'.� default In any Lease,all prooeeds pay e ' •
<br /> � � damago to the Proporty,all proceods payablo es a resuH of a ieaseo's exercise of an optfon to purchase the Properry.all Proce
<br /> . _� , .
<br /> 'r` torminapon or rojectlon of eny Leaso In a bankruplcy or other Inis of the ProGDe��a�ll of ha ebov arde he ea(ter wheollvely�►eferced to as�the Rerrts'�jr Thln �:•
<br /> may havo ageInsl eny lesVae under tho Leasos or eny occuPan �M� �octod,end choate upon the recording of Ihis Deed of Trust,ali as �'
<br /> asslgnment Is subJecl to the Aght,power and authority given to the Lender to collea and appiy the Ronts. This asslgnment is recorded In axordance wflh ,•
<br /> ,� �, appllcabte state Iaw:the Ilen created by thla asslgnment is Intended to ba speclBe,pe • � f�'
<br /> =� � provi�ad by appl�cab!e state law as emended(rom tlme lo tima. As long as thero is no detaull under the Obligatlons or thls Deed of Trust,Le�der grants f
<br /> arantor a revocable Iicense to collect afl Rerrts from tho Leases whon due and to use auch praceeds�n arentors buslness opereliona. Howevar,Londer � *
<br /> Po ri"=" :.{
<br /> ; may at eny time requlre C3rentor lo deposll all Rents Into en acxount melntained by�rentor or Lender at Lender's Instflutlon. U n default in the payment �'' l.
<br /> � # . pf.or In t��pems a�nd�for e vi3il�ofd�of time��thai Len r�omsypro�perpLender rr�Sproceed to�collect a�iid receive e�l Rents fr�om�ieho�txo�orhi.�Renis I� . .�•;}!
<br /> , •i�°�Y-�
<br /> sh I have tuli power to make alteretions,renovaiions,ro�i�s ar r���m of the t�st of�such aAeretions,�renovat one�r�opairs and pa�rto ar�°�'; �ti ;
<br /> '' Lender's sole disc�etion to payment of the Obligations or to the payme pe p , :;.r.:
<br /> .4 oxpenses inddc�minsured�and rtgy�necherge anytoex s�charges dal�rrB�a�sseasman��d oaher Ilens whlch mey��axrue. The ex�pen ne�nd cost ofih se i ..•,
<br /> Properry prope Y
<br /> . , actlons rtmy bepa1d hom ihe�R}ehe�Igae ns secured byPthis Daed of T�st�added to the princlpal of the Obllgatlons. Theso amounts,together wlth ,�
<br /> othar costs,shell recoma Pert ;� ;
<br /> �
<br /> '' p, L,EASEB AND OTHER AaREEMENT3. �rentor ehall not take or tell to take any ectlon whlch may cause or permit tha terrNnatian or the wlthholding of
<br /> �, any paynwnt In connection wlth eny Lease or other epreement('AproerrenY)peAalning to the Property. In eddition,O�tor,ell�o��sigr�or ewll�omuvea
<br /> � oonsent,ahell not:(a)collect enY rrpniea peyeb�e under eny Agteement more than one month In edvence:(b)modity y Agre ,
<br /> �len,secur(ty Intetest or other encumbrence to be plaeed upon a►aNOrs rl8hts,title end IMaresl In end to any Agreement or tha emourrts paYeble
<br /> � recefves et any�tirr�e any writton oo►n�nlcatlon asseAing a defauk by f3re ntor under an Agreement o�r purpohing obermin te or c�an�leeny Agreement, _
<br /> 1�tamoun e�due to�remor the eun'der ero hereby e Ipned to�Lender e ad�d'�notl al ec ty forthe Obei�gaibnshereto)to Lender.All such Apreemente end
<br /> Induding,bul �'�`
<br /> b'� �, CpLL�CT1pN OF INDEBTBDNESS FROM THIRD PARTY. Lender sh�ll bo emitled to notily or requlre Cirantor to notlN any thlyd parry( _�-
<br /> nol Ilmlted lo,lessoes,ll a�lat el mindebledn aa'��1ewhether�or no►a de auit existspuynder ihis Deed of T�s 6S Cirerrto�shall�d'�Iigent y�Yt�wi�
<br /> �' respect to the Property ( �Y � —___
<br /> eny�a�menta�or9otherrre�rrdttenoes wiih re�specPttoethenl�ndebtedneaa oilrnving tihe�giving of such notiflca4onor ii t�hesinstrumente�othe�ertiriances
<br /> oonatfluto the prepaYrt�ent ot any Indebtednass or tho payrnt►nt of any insurance or conder►nation proceeds�Cirentor shall hold auch Inst o����w� —
<br /> remi!tencos In truet for Lender epeA from��s othor property,ondorse the Instrumerrts and other remittences la LI nder,and Imned�aT�����,e��the _ _
<br />_ poysosalon of the Inatruments end other remittanees. Londer ahall be entitled,but not requlred,to coilect(by e8a1 Procee�➢ 9 —
<br /> ��rrq(pr payrtwnL compromise,exchartge o►release any obligor or collalerel,or otherwise ce!Iie sn of the Indeblednesa whether or Irot an event ot dofault -`�"'�
<br /> exisl�underthlsAgreement. L�endesulUngnoheAfraobl�etoN t�wlihstendinga hlo�n.'�rto�r.migteksihl gsslhereln�shall caulset�Lende�o�ba�deemedhia �� ` w,
<br />-s.- PareOrePh or eny der►�e8e =-'_�'_'�� .
<br /> • .: mortgagee•Impossesaion. in condiAon. �''"'"`
<br /> e, USE AND MAINTENANCH OF PROPERTY. arontor shall take a0 actlons and make any repalre neoded to malnteln the Properry 800d , �;:.i,�-.,;,
<br /> S Grempr shell not oommlt or pem�it anY waste to be committed with rospect to tho Properry. Cirentor shall use ihe Propern solely in comp!�enoe w�1h �;,,
<br /> ' applicabte Iaw end ineurenca pelides. Cirantor ahall not rnske eny elierallons,additions or Improvements to the Praperty wNhout Lendors prior written .' ,
<br /> • conseM. Wi�hout Iimiting the toregoIng,dl elteratlons,addtlons and Irtprovemerds made to the Property shell be sub�ct to the benefldN In:arost belonging � V :h , . , ::
<br /> to Londer,shail not 6e removed wlihout Lender's prfor w�Itten consent,ond shall bo rrnde at CireMOrs solo expense. �t ,r y,. ;}� i•;
<br /> . ..n1M..;rti..
<br /> ' • g, LpSg OR DA�AAf3E. Grentor sheil boar tho entire rlsk ot any loss,thofl,destructlon or dartiage(cumu le t ive ly L o s s o r Damage)to the Pro p t trty or eny '_:��:i.,_:;.,.
<br /> , ' portlon thereof trcxn eny cause whatsoever. In the evont of eny Loss a Damage.(irc+ntor shall,at tho optlon of Lornior,repal r i ho altoctod Property to Its • FV+. �.� ;.
<br /> prevbus condition or pay or cause to be pald to Londer tho deuease inthe felr maricot velue of ihe aifected Property.
<br /> � flood earlhquaka�t mado c�nd fl eilltheR orlother casuraity tolltho o�entvr�equl�fe y lende►�drar�O�r rmy btoi�insu�ran�onSthorPr�rt�1r from uch
<br /> compante as ere accepteb�e to Londer In fts sole disaetlon. The Insurenoo pollc!es shall roqulre the insurance cortpanY tc Pro+�do lander wNh fll IOIIet
<br />' 3� days'written notice betore such polidos are altered or cana+lled In any mannur. The insuranae po�ides shall nemegl.onR�n ng obho ^
<br /> py�-a�'that na act or omisslon ot(iraMOr or any other percai shall aHect the right of Lender to be pald ihe Insurance prooaed Pe 9 •
<br /> loss or darnege ot ihe Properry• atehnsurance o�ovtor�s�to n�ulrP���d the Insurance ccst�shan�be�an dvenco PaYabio e�d�aring Interest as
<br /> In ite diacretlon procure eppropri po
<br /> —' ��yod��paragreph 23 end tecured hereby. �rentor shail fumfsh lsn r with ovidenco of Insurance Indicating the required coverage. Lender mey act �
<br /> se Dw,.r,ov.In-fact for(3rentor In meking and sottling clalms under inwranco polid�s,�ca�eu��l�np�dndaed end deilve od to�Lendee as turt o�eeainrity
<br /> : _. ___ �_.._.. .
<br /> nsl _
<br /> negotis6le Instrument drawn by any Insuror. nn sucn insura��� �o ap^--....._--�-••-- � .. - - - - - -
<br /> for ihe Ohligatlonc. isn�th�od to�mako paymunts diroctY to Lantde��e d�ofto Lender end C3rentor�. Lc�ndor hall have tho righl,aPt Ita sole option,o
<br /> Insurenoe cortpe�Y .•
<br /> eipply such monles towerd tho Ohligatlons or towcvd iho cost of rebu0dng end restoring thu PropoAy. MY emounis may at Londor's option bo eppliod in
<br /> tho Inverse order of the duo datos ihereof.
<br /> 11. IOt'11P1(i AND Pwithou�ndoEs pdo4 wri on�conseml.nlf�G�rantoPa usen ot tho Properry b�ocrorrws a nun�nfoming uso�under�any oning�privislon,
<br /> •. usu of tho Pro�rty
<br /> Orentor shall not causo or pomit such use to bo dlecontinuad or abendoned without the prlor wrftton consern of Lunder. Grantor wlll fmmediatuly provide
<br /> Londor with written notics of eny proposed changes to tho zoning prodslons or private covenants aHecting tho Property. �.
<br /> 12 CONDEMNA7lON. Qre�tor shell Immediatety provldo Lunder wfth wrttten notico ot eny actual or throatonod oondomnatlon or omineM domaln
<br /> procoeding portalning to the Proporty AI�moNog PaY�Q to drantor Irom such condormation or taking aro horeby psslgnod to Lender and shall bo eualiod
<br /> tirst to iho payrrwnt ot Londer's attomeys'toos.le��oxponses and oo mho Obil(I t ons o the oprostoration�or repal rot th Proporty. ��atlon or eminont
<br /> domaln proceodings end ihan,at iho option of Lendor,to ihe payrrx� 9a
<br /> s
<br /> a�osac��. '_.. .---
<br /> NEDO7B Rw.nA4 -
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