|
.tiF'..:.r�s=i�.us . . . �i . , .
<br /> . . Y_,
<br /> ..�--T-- . . _ ' _ _ _ . _._ .' -.
<br /> . , �
<br /> . ., . c t <_.�,4_
<br /> " t, � . � � ..�. . - ..
<br /> _ ' ". ._ . .` `t �. .a _ '<- ' ' __L..� _ . . _ . ,. . . ' '� �C ' S ... .=f�`�l ' o '���
<br /> . . . .
<br /> �. , . ..
<br /> .
<br /> . . - �. q -----�- _-.,�.���_ __. ' . ,.__.. -�---�u— � . _�. ..� . .._ _ _ -... . . _ �� '. � �
<br /> ' ; (c) AR`ap�lic�al�te la►vs and teguladtons.indusfin9.wilhout tirtivaticn.it�e i{rtericauis with Oisab�'rties Ac1.42 U.S.C.Sedion 72t01 e1 seq. (and aU . V�
<br /> ' � ., � �, _, �
<br /> . �ans pramilgated thereunder)and ail mNng and�1dmg Eaws and re�iadions ratading m the Pmpeny�yr virtua ot arry tedera�.state or rtvNeipal -_ .. ���
<br /> � . . .authortry wRh jurisdcdon over the Property.�esently are and sAall be observed and eor�ed with in a0 material respects.end atl rfghts.6eenses, •�•
<br /> du�n �d not Umited w mning variances.speBal excePdons fa nonaonfamdng uses.and flrad'msperaian c �
<br /> . pem�ts.and eer6fimtes of a�pansY M�em,which are matertal to tha use and oaapanal►of the Pcoperty.presemtY are and shaU he obt2fned. _ - • . .
<br /> ' .. . approvats).whettrer te►�orarY Pe C� � -
<br /> , ` preservad and�e�neo9ssary.ranewed: +� `
<br /> (� tirantot has tAe d�tt and is duly autttorimd�.��d�,�ntra�G�o oth�er agreemerd whi�ybe bhidmg�ns�a��not i .' "
<br /> � ` ,• ` �onNot tvfth tlse ptovistons of arry stawte.re�i .,- . , ,
<br /> . (e)Nlo adton or p[amedfrt8 b or shall be p��n9 antueatened whfd►might matarially affeot the Propeny:and � . ,
<br /> . {U�jpse��ve g�H�us��)�wl'd�did�i�rtt��it rt�Y���•W��t's ii�ts ro hrterest in Uie Propeiry upur rar�t to tliLs Deed ot 'q . .
<br /> a
<br /> • Tntst. . � �V �
<br /> - � ' � 9. PRIOR OEED+OF 7RUST.Grantor rapre�rAs andwatrarrts that there ate nc prior b.�eds of trusl atfecdn9�Y P�of the ProPe►►Y e�ePt as set ta� � ... _ -
<br /> - �---_-=�- on 3d�(s 8�to this�eed ot Trust,vrtdch Gtanwr agreas to pay aad p�tottn in a t3nely manner. I}Uiere ate a►ry prior deeds of trust then � ;_-Y:_ `._`_---=--
<br /> Grantor a�ees to pay all arroums awed.and pertorm alt a6IIgaricns req�rzd.undsr such deeds of trust and tha indsbtedness secs�ad thereby and� ,``,..i._- ,.�.,'.:_,-(
<br /> . � ' ggregs Utat s def2uh�'.�r at�t p►mr deed�trust st�be a�fauft undet this II�d�Taut and sTrall endtle Lendet to eB ri�ts and celi�es oD�rt2lned :. �,.. . ..
<br /> . herefi ot in the 06C�nsto�fiirh Len�wnsul be e�'".:zd in tha everA ot anyr other�affarr�.. _ _ .
<br /> • 4. 7RA.N-SF�fitS OF i�PROP@i7Y OR BH�IFALYAL Q�iTERESTS(N GRA4iTaHS�R SOAROWSt3. tn ths event of a sale.oatrveYanee•►ease. . .� .. ..� .�" ..
<br /> , - wntract tar deed arlransier to person oi all or�ny P�oi Uta rea!�aPertY d�ed In Sche�ile A.or asry irttetest 4�etein�ar of atl ar at►y 6erteSdal . .
<br /> • �in Bortower ar Cir�rtor('�rtoviar ar C�antar is nat a nauual n or psraans hut is a eaporation.Grrdied tiab�ity a�rr�nY.�r�re�stdP�.U�i.or . ,
<br /> • � mher te�l e�i).Lereder may.at hs optlon dedare the outstandu�g nd�pal balanee ot the Oh�gaUans Plus aeauad irteresi tAereon im�ety�e and A t, •y. �;` �
<br /> nd
<br />_ ` , , par�me �a�s appr�opri�e.and tha extem�o f�eU�c a s�p e e W a�az s h lrt p i r�i t es r e s sfumish aaorr�tete statemerA setttng torth aU of tfs siodQioiQers.RleRbers.or x J�..'...:�
<br /> � S. ASSItilNLtQ�iT OF RQ�TTI'& tn oonstderatlon of the Obllgat[ona.which are secmed by this Deed af Tcust.Oratrtor absahrtafy ess!gns to Lender all ' ` ��,,,_:
<br /> : , r.� Grantors astate,d�t.5tte.trrterest.datrn and�mand now avmed or hereafmr asquUed in aU e�sting and firture leases of the Pwperty(Indu�n8 --
<br /> e�ens►ons.[enaMrals and eubleasas).aH a�esrrertts tor use and acaipan�y o1 Uie ProPeAf►(all such leases and agreemetrts whether vuAtten or oral.are .;���,;
<br /> � <� ' hereafter ratettad to as ihe'leases7.and all�uaranties of tes�es peAam�anca under tlhe Leases.�er wlth the lrrQrie�ate end wminub�g rigM to :�_�.
<br /> e
<br /> . coQeq and reeeivs eD of the rerrts.income.reoei revenu�s.Issues.Drofits end other Inoarte aferry nawre naw or hereafter�a(induding ar�y inoom�af . .Y�
<br /> ' eny�aw�a op�ri(ng�e�uing any redert�tlon perind)uader iha Leases ar Vom or erising ou1 of the Property indu�ng rtdnlrtum rerrts.emdNana!rerRS. � �'.,-
<br /> . , paroa�rents.Palldng or camron area mairrtenanoa aoabihuUarts.tax and insurance oon'bi6uttons.deflcieney wrRa. UQuidaied d�a&es��Qouutn9 `_.�•_._
<br /> „ deimdt tnarry Lease.e►1 Pro�P�Y�Ie under arry Dclicy ot fnsivanca oovedng loss of rerta res�tirtg hom urttenantaisidry�sedb�de n or :_
<br />• _ • dart�age to tt�e Property.afl prooeeds paYable as a resutt ot a lessee's exerdse ot an o n to p�udiasa the Pro rry.aD Pm�eds Aer{ved trom the ..._ _ ---
<br /> . taminaUon a rejeetton of mry taase t n a6anivuptaf►orother lnso t v e n o y�owe�9�and a0�fmm any d��a�nd daims of am/ idndwhtch Grantar � ''r: �,---
<br /> ' � • � ma 11aYespaInst eny lessee under the Leeses ot arry aoa�ants ot B�e Properiy(aii of itre�ova ate hereafter coflsGbtety referted to es ihe'Renis�.This . . .
<br /> a�mis e�jaet to the d�t,power end eu�or(ry gtven to the Lender to coDect end a�ty the Rerrts. This assl�rA is reoarded tn axar�nae v�th • ``—�
<br /> ex�state iaw:the fian aeamd 6y thfs assi�meM ia irttended to be speriftc,perfected.and chuafe�o n the reoormng of ihis Qeed of Trust,a0 as
<br /> p�,�t�d p y a y p p e a b�s s t a t e!a w a s a r re n d e d i c o m U r re ta tfma. As tong as there Is no�la�dt un�r the ObAgatians or this Deed of Trus4 Lender�ants -
<br /> . Qrantor a revoeal�e ticanse to ooliect all Rer�(com the Leases vrhen d ue and m use sudi proeeeds in Grantora 6usfiess ooeradons. Hawever,L en d er ;.:�,.,-���
<br /> . . � may m e�Y Urt�cequire Gtantor to depos(t aA Rents Urta an a000urR malrnained by ticarrtor or Lender at lande�'s InstiuNan. Upon dafaud in the�ymerrt ,•� .��...��.
<br /> of.or In the perfomgrtw of.anll of t#te Obfigatlans.Lender may at its option take Possession of the PropeAY and have.hcid.r�aSB.lease m�d operdtethe �.t... �y�,:�
<br /> • 'on
<br /> . � Praperty an terrte mid tor a pertad of tlma that Lertde►deerrm propet Len�rrt�y proeeed to ooqect�and reeeiva ell RerAS irom the�aDertY•and lenEer i:_
<br />�t , shaU have tu0 povuer to make aiterartona.rencv�tona.repaha or replacements to the PropeRy as tsnder rtey deem�uaper. Lender rraY ePpIY aU Rerrta tn �.:�� ���,__
<br /> l.en�►'e sote�saetton to payment of ihe Oh��aitons or to the payr►em ot tAa cast of sud�alterations,renovadons.�epairs�d replaoerterrts end arry
<br /> • � e�enses inddert to tatdrtg arM retaTn(ng possession olthe PmDBnY Derta�cally snd the rtrmaSerrem and operation of d�e Properry.Lender nay 4[e . =`�,�.
<br /> . ProPert�►RroPB�Y��and may�sehacge enyr taxes.d� dairr�.assessmems a�d other Qerts whichmay axrue. The e�ense and oost o1 : ",�r_��,
<br /> d�ar�s
<br /> . . . . arAcns rtraf►ba P�d irom the Reirts reaeived and arry unpa(d 'amouMS shall 6a addad�fie D��of the Obtl�tlons. These arnourAs.tagether�s'�h . �w
<br /> other aosts.chaU 6eeorte PaR of ffie Ohitgadcns seaued by this Deed ot Tn�st. . , �'Q� "-
<br /> ',�;��
<br /> • �s+�:_
<br />• � ° &LEA9E8 AND dEHBi AGHEEM@J75.Cirarttar shatl nat taas or fafl to mlce arry aaion whirh may r�use or pemdt tAe teminatlon or tha withhold'ir�g d � �.'s:.:
<br /> Ca
<br /> " . � �r►Y DaYr�m In cor�on wi�arry Lease or ather agreemem('Agreemertt7 DB�S m the Properry. In addNon.Grantor,wBhaul Lsndels yr(or w� •'�.,
<br /> �soUeA atry rtnNes payable under arry AgreemerA mote than one mortth In advance:@)mo�N m�Y A�earroni:(�)essl�cr aUaw a � � '`
<br /> . ecnsem.shaD aot:(a, n C�ramors rights.tiUe and krterest in and to arry A�eemant or ihe artm�mta pay�abta �-�f�
<br /> ' � pen.searfry intewst or a8�er eneurt�rance to be piaced upo � '-:,��_
<br /> . Y ihereun d er,or(d)te m d n�a r c a n o a l ar ry A�e e rt erA exee p t for ihe nanpayrtem of arry sum or othar r�rial breaeh by the alher parry ihereto. I(C,ranTnr . ,.._,���t�,.:-
<br /> woetves at arry Ume anll written�ortmunieation asseNng a detauil by Qrar�tor under en A�eemem or purpprting to tertrdnffie or canwf arry Agreortertt. :?', • ;. ,�,..�.
<br /> `. Grantor shaDpr�rtptty farward a o0py ot such wrtmunieatton(and any subsequem wrturomications relating thersto)to Lender. All sueh A�eamerrts and ' ,�....:-
<br /> . ihe amoums e�e to C3rantorthereunder are hereby assl�ed to Lender as ad�Norral seariry far the Obligatlons. +�;=�
<br /> , .. . �.
<br /> ' 7.C O L L,E C i t O N Q F Q 4 D E 8 T E O N E 8 8 F R O M 1 H I H D P A R T V. Lender shall ba emiCed to not(t y or tequire Grantor m n a t i t y atry ihird parry(indu�ng.6ut . .�.;,'�.�
<br /> not Mited to�tes�s.�eensees.gav merttal authoAUes and insuranee eo�n1 as)�r�ay Lender any indebt e�ess ar o b�g a i lan a w i ng t o C i r a n mt w i U� ..,.�r.:.-
<br /> respect to the P�er.y Icum�i�reN ryrtEeMe�'�ess�wheiher or not a�ult e�8ss unilor ihis Deed of 7rusT. Qrarttor sh�i ddigenUy oollect the � '�.
<br /> In�bte�ess oudng to Qrantor from thesa third parUes iuni�the gtvtng o}such nolifleabon. Ir►the everrt 8�a1 Qrantor possesses or raoolves possession of .,�_,,
<br /> � mry(nswme r rt s or o l h er re m i tt a n e e s w i t h r e s p e c t t o 4 i e I n d e b t e d n e s s t o Q a v M g 9�e g h N►g c t s u c h n o U f l e a t i o n o r i f t h a I n s d i a n e r A S a r o t h er rertdtlanoes . _-
<br /> . . cansUh�le the yrepaytr�ern o1 arry Inc�6te�ess or the payrt�am of arry fisurance or aondemrtaslon ptooeeds.tUantor sfiall hold such irtstrurretrts and other , • _- _
<br /> re m i t t a naes In w s t f�r L e n d ar a p a A from Rs other p r o p e r ty,endo►se the instrurtients end atlmr re�s to LsnQer.end(rmemataty pravt�Len�rwitit - .
<br /> posse�sion of the tr.saumems and other►emstArr�a Lander shall be entiUed.but not required.to eolleA(by t�gal pruose�nBs or olhenvise).e�end tha
<br /> , �� Ums tor payrtem.ccrtmrorr�ss.exchan9a or reiease any o611gor or oollateral,or o�henvise settle eny af�he inde6tedness whe0ier or nm an evem of defauN .. . .----;'
<br /> e�para�h�or��e��sn�res�ing thorefromt�N�hstan�g�e�to�regoing,�oihing �hereN�shyall eaise tlen�r��to�s d�ee� a . .�.
<br /> , � mort�gea(MPossesslon. �
<br /> l
<br /> � : 4 8. U8E ANO MAINTENAIJCE OF PROPERIV. Grarrtor sha)I take a0 aetlons and rtnke any repahs neeQed to mai►�In ihe P�opsrry in�od oorn�tlon. �, �
<br /> Oramor shail no1 comnh ar pamit any waste to be oortanitted wflh respecl to the P�oparty. (�tantor sha0 use the Properry solely In oor�lianoe wiTh �
<br /> '; � � , applleable law and insuranoe polides. Qranta shaU not make arry etterations.addUons or irt�tovertems to the Properry whhaN Ler�Qets prior wdtten . • .
<br /> certsent. 4Yrthaut OntiUng ihe foregatnp,ail atter�tona add�tions and 1►�rovemerrts mads to the ProAaAy sha11 be sub;ep to the 6enefldallrrterest 6elanging . _
<br /> � to t�ndar,aha11 not be rertnvad withoN Lendefs prior written aonserA,and chall be made a1 Qtantot's sote e�ensa.
<br /> `•,�1 � 9. Lp98 OA DAl'AQOE Orantor sha�hear the emire dsk of erry loss,thefl.destrucUon or darr�age(eunulativeiy'Loss or Oamage')to tha Property or arry •
<br /> , porfion thereaf iram any cause whatsaever. tn the evem ot any loss or Oamage.tirantcr shall,at the optlart of Lendsr,repair the aftected Property to its '�
<br /> � prevbus eond'ition or pay or eause to be pald to Lender the decrease In the fair market value ot tha aNaeted Ptoperiy. .
<br /> 10: tHSURANCE. The PropeRy will ba keP1 insured tor Its futt insurstite velue(re�lacemeM ocst)aBalnsl eU hazards indu�ng toss ar da�r�age caused bv ' � �
<br /> fload,eatth�ako,tomado and fire,thoN or othor casuairy to tho oxtortl ro�ira by Lendor Qrentor may obtaln insuranco on�ho ProperN from sucf�
<br /> companlos es are aeeoptabto to Londor I�rts soto diserotlon 'fho insuraneo pol�NOS sh211 roquiro tho Insuraneo company to provido Londor wdfi at loast
<br /> ' 3� d8y9'WtltlBtl fI011C0 b@1pf6 StICh p011C189 Sf0 81t8l6d Oi CdIICEIIOd itl8tiy Ria(IIIB►. Th0 IfI511t81ICA QO11C198 6h211 RSSif9 L9tIQ8f 8S 810&9 � �
<br /> . ; yeo en "v"�that no aet o�omisslon of Grantor a arry otherp rsan sfiall afted ihe d�►t of Lender to he paidtha insuranco proaeeQs pertalnirt8ta ihe . . , .
<br /> I oss p�ga of the Properry. In tho event tiraritor taits to aoquUe or malntaln Ins�uance.lBnQor(aftar providing notlae as yt�required by law)may
<br /> tat
<br /> in fts msaeUon prowre ap�uooriate insuran�ooveraga upan tha Prope A y and the Insuraneo aost shall6a an advanaa pay bte and bcarfng IMOrest as
<br /> : Qesu(6ed In Para�aph 23 and seared hero Grantor shal l t u m i s h L s n d e r w i t h a N d o n e o o f i n w�n a e I n m e�i n 8 t h e r e�u i r a d o o v a r a g e. L�n d�r m a y a c t
<br /> �•�.• ; as attomey�in-tact far tirantor in mat0ng and settling dairr�s undar insutance polides,canoeWng any poliey or endorsing t3rantola mama on arry�a1t cr .
<br /> ; negotlable InsVument dravm by eny Insurer. All such insutance polide9 shail ba imr�ediffiely assigrted,p(aQgod and deiivered to Lertd�r as funhar ss�rity
<br /> r' � tor the Obilg�lon9. In the event of Ioss.Orsntor shatl Irmed4�stely give ltTnetet writton noUee end LBnQer is authodzed to rt�aktf ptool ot loss. E a� . :.
<br /> t �
<br /> � . �nappty suCh rron�est toward heObligaUons oyr towatd tho��st o1 reburitmng andf resto�ring ffie P ar w�ryor.A ny„a�mo�ums��y ai t�ndafs option be�epplied in .. .
<br /> the imrerse order o}the due dates thomol.
<br /> � 1 11. ZONINO E1N0 PRIVATE COVENAMS. Gramor shail not initiate or consern to sny changa in Ihe ioning provislons o►qivate oo�enanta aHeeting tho � � ' �
<br /> ' • uso ot ihe Proporty withoui Lenders prior vrtitton eons�nl. I!arantors use of the Proporty b000mos a nonoontoming use under any 2oning provlslon,
<br /> Gramor shall no1 cause or pamii such usA to ba d�saonUnuad ar abandoned without lho priar wnttan consffrtt of lender. Cirantor witl Immodlatery prov�do (
<br /> Lender with written notico 01 any proposed changes to the zoning provlslons or prNate oovanartts affeeeng the Propetry.
<br /> .' 12 CONDEO�IATION. Orantor shall immamately provida Lender with written noUoe of any actual or threatened eandorrnaHon or eminem domaln �
<br /> ' prooee�ing portaln(ng to the Properry. Ail monles payable to(3rantor hom such eondermation or taking ero hereby asslgned lo Londer and shall he ep I'.ed •
<br /> . first to the paymerd ot Londar's attomoy3}ees.tegal oxpenses and other eosts(induding appralsal taes)in�onnoeUon vidh the eondartnation or e�nent
<br /> � domain prooesdngs and than,at the option o}Lendor.to the payment ot the 061igations or the restoration or repair of ine Property
<br /> :;"_ - ---�- . .
<br /> � vE00TB aa 29'� Papo2d6
<br />� .Lr -e.o:t..y;,.a,_..._-^_- . .,_-.. . .. : . . . i•� ,- S.. ... . •_._..,�.-�-.y,i:---t-=-c�-.�•—.�;��;.—��a-.. . . i_-. .. . - -.... _,.a- y-,r.���a ..�r aa�...�..�..,f.._z.,.�._ �.�...��.�.a....._= _
<br /> .i 7
<br />
|