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<br /> "Proceeds')In connACtlon with condemnetlon or other teking ot the Proportyr or part lhereot,or fo�conveya ce In Ileu ot condomn�tlan. IL``„`�,;.,
<br /> �5..:.
<br /> Lentior ahell be entlUod at Its optlon to commenca,appQar In and prosocute In its awn nemo nny actlon ur proceadinga,And ohnii alno �,�}-
<br /> be entltled to mnko any compromise or snttlamc�nt In connection vnth such tokinQ or damegp.In tha evont nny portlon af thfl Pro{n�rbj fa s ;
<br /> so taKen or damaged, Londor shall have lhe optton In Its sale end absolute discratlon,to�ppty all such prcrceod�, eftor doductln� � ,
<br /> thorefrom all costs end expenses Incurred by it In connocllon with cuch Procee ds,upon any i n d o btedness socurnd h�re5y nnd In auch ; .
<br /> ��. orda�es Lendor mey determine,or to apply all euch Proceeds,eRor such doductlons,to tho rostoretion oi tha Proporty upon auch con- J .
<br /> ditbns as Lender may determine.Any appllcHtlon oi Proceede to indebtadness shall not oxtend or postpone tho duo dato of an��p�y- �,
<br /> ' ments under tt�e Note,or cur�eny default thereun der or fiereu n d e r.A n y u n a p p l l e d t u n d s s h a l i b e p a l d t o T r u s t ar.
<br /> , 8. Perforrtt�nce by 6er+dor. Upon the occurronca oi an Event oi Qefault horeundar,or ff eny act is takon or logal pmccreding �
<br /> •�,t.'��`, commenced which meterlally affects Lendor's intorest In the Property,Lender m�y in its own discre�ion,but wi;tiout obl!gation t�da so.
<br /> :� �,; and wllhout notice to or demend upan Tnrstor a�sd w(thout releasing Trustor irom any obligatlon,do any ecl whlch Truator hoa eprood '
<br /> ••�+'"' but talled to do end may efso do any other act it deems necessary to protoct the securiry hereot.Truslor shall, immedi�it�lv upan ,
<br /> •'�"i, deittand therefor by Lender,pay to Lender all costs and expenses Incurred and sums expended by Lender In connacllon wit�i thc�onor- K
<br /> �'` ciso by Lender ot ths foregoing rights,together with Interest thereon et the defauit reto provlded In tho Noto, which ehAll h�addad to
<br /> h,�.`.
<br /> ��l a the Indebtedneso secured hereby.Lender shail not Incur eny Ilabllity becausb ot enything it mey a!o or omtt to do horciundac ,
<br />- -�:{ � 9. Hazardous Matorials. Trustor shell keep the Property tn compliar�ce with all appllcablo laws, ordinences and r�pulutlons �
<br /> i relating to industrlal hygtene or environmental protectfon(collectiveiy referred to herein as"E�7vlror�mental Laws').Trustar 3huU keep �-
<br /> ��} the Property froe from ali substances deemed to be hazardous or toxic under eny Environmental Laws(collectively ratem3d to heraln �r'
<br /> �1 es"Hezardous Materials").Trustor here by warra n t s a n d re p r e s e n t s t o L e n d e r t h a t there are no Hazerdous Materials on or under Ute
<br /> i�+ pruperty.Trustor hereby agrees to indemnlfy and hold harmless Lender,its dlrectors,offico�s,employees end agento,end eny succas- �±�':�-
<br /> :!' sors to Lender's�nterest,from and apafnst any and ell claims,damages,losses and I3abUitias edsing in connectlon with th�►prcasence, �`,•;�,
<br /> • •,:� , use,disposel or transport oi any HezeMous Materials on,unddr,from or about the Nroperty.T'riE FOREGO�h�WARt�AA1T1[S ANO �.,;
<br /> - :�. REPRESENTA71aNS, ANO TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREGOING INDEMNITY, SNAl.L SURVNE ��;:.
<br /> �j` RECONVEYANCE OF THIS D�ED OF TRUST.
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