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<br /> � . 1�� � � • Icl A4 aOA�icahl�lawe and regutaqons.indueSn9.without GrrirtaUcn.the Mo�tcans wiSh Oisab(IiUes Aet.42 U.S.C.Seetion t2t0� et saq.(and all ,, .�. �;-. �,
<br /> , . ,�! ��S�rtu(g�d mereunde�and aU zoni�g end 6uildng lavrsand rogiilaUons retating to the Froperiy bY Wrt�at any tederal.state or rtunidpal
<br /> . ,,� •aumority wiai juris�a►on ove.me araRenr.pres�►mt�►a�a an�sP�au ec,oDservea ana corr�llea wnn m au materiat respeGS.ena au d�ts.neenses. .. `
<br /> pemels.er�d certifleffies ot ceaipaney pndu�dng bul nat lirtited to mning vadanaes.spe�818 ofxoeptlthe�Pro ncnoontomingare�d shaU b9i otitained.
<br /> • • . � a�rw�s1.whether te�ot�y c►Pe+rtsanem.whleh are materia1 to the use and oaaayanaY PBRY.P��Y � �� `
<br />- � . ,. pre,servedan4vuhersnscessary.renawed: �s`
<br /> ` (�Grarttor has Ute d�l and is duty aiMorized to exearta and pertartn its Oi�gations under Ws Oeed ot 7rust and these actians do not and shaD nat � .
<br /> � ,. . ,,. CotlfliG vrith tTte pcavtsions of any st�ute.re��Ioa ordinanoe.rule of Iaw.carttraet or aU�er a�eemerrt which may be�ndmg on firantor at arry nrte: ( ".�},.
<br /> (e)Nto aGion ar proceed�ng is ot sha0 be pentllng orUueatenedwhich ai�n mazerfaUyt aHea the F4operty:arid � .: � �
<br /> '; -� � - ��ormhas H���us N�er�tafsj wh d��gtn�rhailY afteA ihe Prop�ertf►cr�Lenda�ghts nr irrterast in tlie P�roPe►tY Is�nsuarrt to ihts Oee�d of ~► `�. f.'.,• ...
<br /> < ' ` Tnis1. �
<br /> . -� ' artd wartarrts Urat the�e are no priar deeds of irust aHectlnB�Y 1�of the Properry except as set torth - ,. '
<br /> - . ,.�:.;; 3 PRiOA DE�S GF 7RUST. tiraruor rep�esenis deeds of t�tleen � -- _-:-
<br /> on Sd�edule B�tad►ad to this Deed of Tn�s►.which Grantor a�ees t�and pertortn m a tursety rtarmer. tf U�e�a are any ptior �4...-
<br /> ,J� Grantor a�ees to pay alt arrourrts owed.and perform aU o�gations un�r such dseds ot trast aM the indebtedness s�cured thereby and Uather � ,� �..
<br /> �''� . � ` ��� a�ees grai a defauit m[d�r anY�ior deed of tnrst sAaU he a detault under th(s Deed ot Trust and shaU eMitte Lender to a9 rights and rerted�es contsined . :
<br /> �. � � - herein or in tha Obligattons to which tenderwoutd ha ertitled in the everrt of ar►Y otlier defauil. ' .
<br /> �:. • `.: �
<br /> � TRA[SSFERS OF THE PROPERTY Ofl BEN�ICWL R�1T�1+ESTc 1�1 aRQN��AS O�R Bs�0�80V���in eresl thereh�,at�of���eftdai '`,` `�'
<br />- conhact tor deed ar transfer toacry person of aU or any part ot Ute real properry '`
<br /> �%'> ' . ' irtteresl in Bormwer o►GranWt(d Borrower or Cirantor is not a natural person or persons bui is a carporaltan.lindted IiabiGry oorrQ�anY.Partnership.trust,or ._,s
<br /> b818RCe ot 4t9 ObligatTOnS ph1S aec�Ued illte[6511F18feoD irtUI1BdI8i8ly�tB 2TId ''- r,.� , ....,�,
<br /> `s` . • aB�er legai entitY).tsnder may.at i�apUon dadare the aut�an�ng pdndFal tortb aD of Bs s�addwtders.merrbers.w � - :s.-.
<br /> a ` ° -
<br /> �";''• , .; payaMe. At L+enda�'s requast.Grarrtor cr Bortower.as the ease may bs.shaU fumish a oortptete statement settin9 _ •_-----
<br /> `�� � partners.as appropria2e.an d t he ette rt t of their r e s p eetive awnership Urt�rasm. �R_'
<br /> - .�:� � :
<br /> %*'`� - . . G. ASSIGN�OENT OF Rfl�liS. In ainsidermion ot the ObligaGons.whteh are seaued bY this Deed af Trtist.Gtantor absoie�tely assigns to Lender aii ` ,_,�-4_
<br /> `' • ` ' Grantars estate.d�1.titte.irtteresl.daim and derr�and now owned or hereafter ac�{uired in atl e�dsdng and fifiue leases of ttte Properry►(induding ,�:,. —_
<br /> ;fr. ot the ProPeM ta�such leases and a�eenetrts whether wrtt[en or aral.are � _ �
<br /> t. .':� e�ensions.2newals and s�teases),ali a�eemerrts for use and oaup�[m�anee imder the Leasas.together wilti the irru►�edr�te and corninirir�9 d�rt to
<br /> •'i "� hereafter reterred to as t he'l,e a s e s'y,a n d a��a�ti e s o t l e s s e e s P�s and other(ncorro ofarry naMa naw or he r e a R er�e pn d u d m g a r ry i n c o r re o t � ��.�
<br /> ;,:. . oollect and reeetve aU of the rerts.incoma.r e a e i p t s.r avenues.issues,WaFrt • -
<br /> ;.F • � any rtanue aomtng due durfng arry redertptlon Perlod)under U�e I.eases ar irom or adsing out of the PropertY indudmg rrdNrtaim rents.addNo n a l re rt t s. ' __
<br /> penerttage rerrts.Parkfn9 or comron area tr�irttenance tonbi6utlons.tax and insivance contr�l�udans.de8dency rerrts.64uidated d�py glestrudion o� -
<br /> ._.. �fa�ilt in airy lsase.all Proceeds Pall�►e under any PcliaY ot fnsurance eovering loss ot rems cesulUng irom urrtena�nll�demred from the �
<br />°R:�,.•• . �ro the pro�erty.�P�p�Y�as a resuft of e fassees����°ed�mfro ar►yt rt�s�dafi�of er�y Wnd whlch 6rauRw ;:`',.� _'�_
<br />�'��� teminatian or rejeetion ot arry Lease in a banlwFUY or other insolvenayrp aU ot ihe abave are hereafter wUecbvely ceferted to as the'Rertts'►. Tiile . , ':
<br /> ';�` � may ha�e against arry lessee under the Leases or arry acaPa�s of the Property f .,:.-
<br /> `:�` . - asst mertt is svbjeet to the dgM.power and authariry 9hren to ifio L.ender to co48d and apPhl tho Rert:s. This assf�rtl is reeordad in aaeord�ce with _.-
<br /> .%'s .° � �pl��le stafe taw:the tien creatad by this assf�rtem b intended to 6s spedflc.PerTeded,and ehosteupon the recordng of this Deed of Tnut,all as .. ;:r--�-
<br /> ' pcovfded byr apptleable st�e taw as artended fiom Ume to Urre. As long as there is no dehauit under the OC�ga6ons or this Deed ot Trust.Lende►fl�ants
<br /> .``.� firantor a rmmeabie license ro eo�eet ali Rerns trom ihe Leases when due and to use sueh prooaeds tn Cirantors 6usinessoperamons. Hawevar,lsncier ' ,��-'__
<br /> .:•L � � , � Uma re Cira►itor to deposit all RerRs irrto en aaaurtl malritatned by Qrantar or Lender at Lendei's instiMion. Upa►default in the pay�r��n .-.. •��"--.
<br /> rtsay at any requi ra t `'
<br /> • o�or in the pertomenea of.anY ot the ObOgalions.Lender rtsay at its opllon tai�possessiun af�he Property and have.hold�a9a•lease arn!d Lender , �`''�
<br /> ' ' � ' property on terms Pnd for a pariad oi tima that Lender deattY;proper. Lenderrteyr proeeed to calteU and receiva a!I Rerrts iram�e proDertY• -
<br /> <'; ar re rrts w the Properly as Lender may drem proper. Lert�r rra ay�ty ail Rents In -
<br /> shall have fiill power to make alter�etons.renavadens.rePairs AI�� . ,_.=.
<br /> '�,`� .. Lenders sote�scretion to payrr�ern of ihe Obligatlons or to the payrtem of the cost of sueh atcerafions.renmratlons.repairs end re�aoemertts and acry �•`� .` ;
<br /> � '. e�e n s e s i n d d e m t o t a i d n g and tetaintn p o s s e s slaq af the Properly PerlocfcaltY and ihe mana8emem snd operatfon oi the Proper�f. Lendar may�ep the ;.._.,-._...
<br /> � . ProperiY ProPe�Y tnsured and rtay�eny taxes.c h�g e s.e i a i rt s.a s s e s s m a r R s a n d o t h e r tl e n s w h t e hmay a a r u e. Th e e x p e n s e artd eost ot these -
<br /> >- aqions may halt�becort��e o1 the 06 igations sedcu�red byr lhis Deed of TN I be added to the prindpal of the O bUgations. These amounts.together with !
<br /> ' other tasts.s P� . '�'_�`
<br /> - , . �:.
<br /> , , 8. �pg�g p(�(p pTMEp AQRFENl�NTg,tirarrtor shall nol Malua or fail to tat�arry aetlon which may cause or pemdt ihe tecmfnaflon or tha wtthholcUng of ' 'r"�
<br /> �.?._ . __ �y payment in cannection with mry lease or othnr a�eement('A�eemenC7 PertaiNng to the Property. In addnion,Qrantor,without Lenders priar written , ;__-
<br /> . wnsem.shatl nofi(a)wllecl any mon ies p a y a b[e w d e r a ny A�eemam mare than ana rrontti in advance:(b)modiy anY A�eerrem.(�)assi�or allaw e .
<br /> . intaresl or othe►encurr�ranee to be ptaoed aWn a►arttors ri�rts iflie and Imeresl fn and to atry�eeme�l or ihe.amounts Da Y a h ls ..�.__
<br /> �{Q°•�� merA exce for the non m ot arry sum ar other material breaeh by the other party ihereto. If Qrantar .
<br /> thereunder,ar(�temdnate ar caneal atry A�ee D� �1� • �-
<br /> Nn to temdnate or eancel any A�eement. ' ,� ..��`
<br /> ' ceceives at any f rre any wdtten eortmumleation asseNng a Cetaul�by rantor under an A�mem or Wrpo B ".F ---
<br /> . ' �a a�mp��s�due to�tirantar th ren der are h by�ass��d to LenQsi as d�noi al se�tor�the Obltgatlo8ns.�eto)to lender. M such A�eemertts and . _-
<br /> !'�_.
<br /> � �� 7.COLLECTION dF�NOEBTEOWES9 FRONI 1FIIEiD PARiY. tsnder shail be errtitled to nmify or require Q�antor to nmiN�o��parryo�Gr�antogwl0� -
<br /> � nat limited to,lessees.Iicensees,eovemrrentat authcrities and insuranoe co�an las)to pay Lender any indebtedness or abti _ .:;:,n;_
<br /> '�.-� respeq to tt�e Proparty(eumulatnrefy 'Indebtedness�whether or not a dotautt exists under thla Deed o17Yust. Qrantor shall dligerNy eoilee� the _-
<br /> Indebtedness owtng to(3rarrtor from these thlyd parUes urnil U�e SIvUi9 of such notiflcation. In the evem ihel Grantor possesses or receives possessian o� �;.�
<br /> arry instru►r�ma or othor remittances w10�respect to the indebcedness toitowing the gtving ot such�ot(fleation or if the insirumerrts a►ether remfltsr�aes
<br /> �, •c�. � � � �: consUtute the pre m of amr Indeltitedness or the paymem o1 anY insu�or wndemna6on prooeeds.Ci�antor shall hotd such Instrumerts and other .
<br /> �- � remittanaes in mjst or tcss�r a�rt frem its other properry.endorce the Instruments and other ret�ttances to Lendet,and irm�mately provide Lender with
<br /> " u�ved� at otlistvrtsof.axtetet!the ".:.;-
<br /> �� :' - possession ot the insuuments and other rertittanoes. Lender sha0 be emiQeQ but not required.to coilec�(by iegai p SS ,( .
<br /> tirre for paymeM,cc►r�►ortdso,exchanga or reiease any obiigor or coilateral,w o�herwise setl►e an ot the Indebte�ess whether or nol an evem ol detaidt
<br /> ,::, ' existsun d ert�h is�y e��ndes 8,ng���lro�mt Notwithrstan�n9gihe�toregoing.�thingssihereln�ay��rs t l en dsr�i t os b e�deemed a ,
<br /> . " mo�rt�e-in•possession.
<br /> "�'� . ' . e.USE AND�1WNTENANCE OF PROPERTY. Qtarrtor shatl fake all actlons and malce arry�Q�or sh�a'I semthe�Pro�pert yPsopaty in�►r�liance wf� • '
<br /> . .. . ' � Qrantor shatl noi corruidt or pertNt any waste to he commilted vdth raspep to the Properry• . - � �
<br /> � appiieabie law and insurat�ce polides. Orarrtor shall no1 malm anY ailerations,addtions or irtIDrovemerrts to ihe Prope�ty wbhout Lentiors prlor writlen
<br /> � , ' ' fo L�enderushall not be rerroved w�fthouat Lendars��tor written conssM.�d sfiail be rmdet t Qranto�so�e�xpenssbjeq to the benefldal irrterest betongng
<br /> .': � .. � . . �.
<br /> g. LOSS OA OAMAGE.C3tantar shall bear the eMire dsk o1 any loss,theN,destruellon or dartsa�(currmtative�Y'loss or Damage�to tho Prayarty or arry
<br /> '' poAton thereot from any cause whatsoever. In ihe evem of any Loss or Damage.Gramor shall,at tfie option ot Lender,repair the aftected Property to hs
<br /> prevlous oondrtion or pay or cause to be pald to Lendenhe deuease in tha fair markel value of tha aftected Property. .
<br /> � 10. INSURMICE The PropeAy will be kept insured for its hill insurable vaiue(re aaemem eost)agalnst all hazards induding loss or damage eaused bY . •
<br /> '' flood,earlh�ualce.tomado and flre,tfiefl or other casuatry to the exlent raquir by Lendet. Orarrtor may obta(n insuranee an tho Propertll hom sucf�
<br /> corr�anles es are accePiab�e to Lender In ils sole disuetion. The insutanoe po0des shall require the insurance companY to provide Lender wh6 et teasl .
<br /> � � 30 dayts'written notiee beforo sucF►polides are allered or eaneelled in any manner. The insuranee polides shall namB Lender as a bss . .
<br /> '" pyaeeJ-- prov de that no aet or omisslon ol Grarrtor or any othorp�rson shail afted the H�t of Lender to be pald the insuranw pmceeds pertalning to 1he .
<br /> lass or damago ot ihe Properry. In the everd C3rantor fa�ls to aequire or melmain�nsurance.Londer(aftor providing noUee as may�a��ng Urt re�sl as '
<br /> � in its disuotion procurnappropriato insu►anco coverage upon the Propony and ihe inauranoe cost shall trs an advenct�'paYabi
<br /> � desaihed in Para�aph 23 and soeured naredy. Cirentor shaD tumish L�nder wlth evidence oi ir�surance inNeating the required oove�age. Lander may aet ,
<br /> � As attomeyin-facl for Grantor In making and setUing dair�unQer insurance po��dos,eanoelling eny pollcy or endorsing C3rantors nama on any drari or .
<br /> , nagotlabie insirumsrtl dravm by eny insuror. Ail such Insuranee paicies shall be imme�atety assl�ed,ptedged and delivered to Lendor as further cee�ty .
<br /> for the 0611gations. In the evem ot toss.Gran�os mreaiy t�o Lsnder instead ot to Lender an arantor�Lender sha�ll have the daM.a tts soie optlona io • , .
<br /> � ' insuranee eor�anY�g dreeted to make payma pn amounts may at Lender's oppon 6e appiiad in
<br /> �,..�;� , apply such monies taward the ObUgations or toward the cost o}rebuilding and restodng the Property. y
<br /> I ihe inverse order ot the duo dates thereof. .
<br /> � ��, ZON�HO AND PRNATE COVENANTS. GraMOr ahall not iNtiate ot eonsem to any change in lhe zoning prwlsions or private covanarrta aflecting the
<br /> '.� - � . � use of the Property without Lende/s prior writlen cflnsena. fl Grantor's uso oi ihe PropeAy becomos a noncort(orming use wde�any zoning sion. .
<br /> + Grarrtor shail not eause or pertnit sueh uso to be diseominued or a6andoned without the prlot written oonsem ot Lender. G►amor will irmnetflate provlde •
<br /> � Lendar with written notice of any proposed ehanges to ihe zoning provisions or privato eovenar�ts aHeellng ihe Property. � .
<br /> �'•. '' ' 12 CONDENINATION. aramor sha�irrQnemateiy provlde Lendor with wriflen notice ol any aetual or threatened condertnati�n or ertilnem domaln
<br /> ` � procneding pertainingto the PropeAy. Ail monies payablo to Carantor irom such condertmation o��,f g�ar�en�re�bte�s,�e httheecondemnat onla Beminem � � .
<br /> fint to the paymem ol Lnders attomeys fees,le�al expenses and other costs Unetud�ng app .
<br /> _. ; domain prooea�ings and than.at the optlon o1 lender,to:r.e paymem ol the Obligatlons or the restoralton or repair ot ihe Proporty. f .
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<br /> .���. _ s Paga2d& F .
<br /> f �� ,,_ uEDOTB Rev 297 � -
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