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�, <br />20 ������0 <br />H. Trustor will permit, or cause any tenant to permit, Beneficiary or Beneficiary's agent to enter and <br />inspect the Property and review all records at any reasonable time to determine (1) the existence, <br />location and nature of any Hazardous Substance on, undar or about the Property; (2) the existence, <br />location, nature, and magnitude of any Hazardous Substance that has been released on, under or <br />about the Property; or (3) whether or not Trustor and any tenant are in compliance with applicable <br />Environmental Law. <br />I. Upon Beneficiary's request and at any time, Trustor agrees, at Trustor's expense, to engage a <br />qualified environmental engineer to prepare an environmental audit of the Property and to submit the <br />results of such audit to Beneficiary. The choice of the environmental engineer who will perform such <br />audit is subject to Beneficiary's approval. <br />J. Beneficiary has the right, but not the obligation, to perform any of Trustor's obligations under this <br />section at Trustor's expense. <br />K. As a consequence of any breach of any representation, warranty or promise made in this section, (1) <br />Trustor will indemnify and hold Beneficiary and Beneficiary's successors or assigns harmless from <br />and against all losses, claims, demands, liabilities, damages, cleanup, response and remediation <br />costs, penalties and expenses, including without limitation all costs of litigation and attorneys' fees, <br />which Beneficiary and Beneficiary's successors or assigns may sustain; and (2) at Beneficiary's <br />discretion, Beneficiary may release this Deed of Trust and in return Trustor will provide Beneficiary <br />with collateral of at least equal value to the Property secured by this Deed of Trust without prejudice <br />to any of Beneficiary's rights under this Deed of Trust. <br />L. Notwithstanding any of the language contained in this Deed of Trust to the contrary, the terms of <br />this section shall survive any foreclosure or satisfaction of this Deed of Trust regardless of any <br />passage of title to Beneficiary or any disposition by Beneficiary of any or all of the Property. Any <br />claims and defenses to the contrary are hereby waived. <br />20. CONDEMNATION. Trustor will give Beneficiary prompt notice of any action, real or threatened, by private or <br />public entities to purchase or take any or all of the Property, including any easements, through <br />condemnation, eminent domain, or any other means. Trustor further agrees to notify Beneficiary of any <br />proceedings instituted for the establishment of any sewer, water, conservation, ditch, drainage, or other <br />district relating to or binding upon the Property or any part of it. Trustor authorizes Beneficiary to intervene <br />in Trustor's name in any of the above described actions or claims and to collect and receive all sums <br />resulting from the action or claim. Trustor assigns to Beneficiary the proceeds of any award or claim for <br />damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds <br />shall be considered payments and will be applied as provided in this Deed of Trust. This assignment of <br />proceeds is subject to the terms of any prior security agreement. <br />21. INSURANCE. Trustor agrees to maintain insurance as follows: <br />A. Trustor shall keep the Property insured against loss by fire, theft and other hazards and risks <br />reasonably associated with the Property due to its type and location. Other hazards and risks may <br />include, for example, coverage against loss due to floods or flooding. This insurance shall be <br />maintained in the amounts and for the periods that Beneficiary requires. What Beneficiary requires <br />pursuant to the preceding three sentences can change during the term of the Secured Debt. The <br />insurance carrier providing the insurance shall be chosen by Trustor subject to Beneficiary's approval, <br />which shall not be unreasonably withheld. If Trustor fails to maintain the coverage descnbed above, <br />Beneficiary may, at Beneficiary's option, obtain coverage to protect Beneficiary's rights in the <br />Property according to the terms of this Deed of Trust. <br />All insurance policies and renewals shall be acceptable to Beneficiary and shall include a standard <br />"mortgage clause" and, where applicable, "beneficiary loss payee clause." Trustor shall immediately <br />notify Beneficiary of cancellation or termination of the insurance. Beneficiary shall have the right to <br />hold the policies and renewals. If Beneficiary requires, Trustor shall immediately give to Beneficiary all <br />receipts of paid premiums and renewal notices. Upon loss, Trustor shall give immediate notice to the <br />insurance carrier and Beneficiary. Beneficiary may make proof of loss if not made immediately by <br />Trustor. <br />Unless Beneficiary and Trustor otherwise agree in writing, insurance proceeds shall be applied to <br />restoration or repair of the Property damaged if the restoration or repair is economically feasible and <br />Beneficiary's security is not lessened. If the restoration or repair is not economically feasible or <br />Beneficiary's security would be lessened, the insurance proceeds shall be applied to the Secured <br />Security Instrumerrt-Commercial/Ag�lculture�-NE AGCO-RESI-NE 7/1/2011 <br />VMP� Bankere SyatemsTM VMP-05951NE) (1107).00 <br />Woltera Kluwer Flnancial Servlces 01993, 2011 Page 7 ot 10 <br />