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<br /> pulicies,tlie l.ender Is nu►horized to ndjust,cvllect nnd cmnpromise nll clnims tliereunder nnd shnll h.ive the optio�a
<br /> oP applytng nll or part uf'tl�e lusurm�ce pruceeds(i)tu�ny iiiclebt�dness secured hereby atd in sucli ovder ns I.ender •
<br /> �iic�y deterndne,((i)ta the 7'rustar to he uscd for Ihc rcp�ir or resiomtfan of the Property,or(iii)for�ny othcr
<br /> purpose or ohJcct sntisfnctory to Lender wl�hout nffecting thr.lir.n uP this De�d of"1'rust fur tha full mitount seaured
<br /> hereby bofore such paymenl ever took nlnce. Any application uf proceeds to indebtedness shnli not extend or „ "
<br /> postpono the duc dnte of nny pnyments undcr ihc Nc+tc,ur cure any defnult thercur,der or hereunder.
<br /> 5. Escrow. Upon wrfuen dtmand by Lender,Tnistor shall pny to Lender,In such msnner ns l.ender mny � �
<br /> .. � "•`' � dcsignnte,su(licicnt sums to cnnblc Lcnder to�my as tluy bccomo duo ona or more of thc follAwina: (i)nll tnxes,
<br /> •s"' assessments and other charges aqalnst thc Property:(li)tha premiums on the property insurnnce rcqut�cd t►creunder,
<br /> and(iii)the prcmfumw on any mortgaga insurnncc requircd by Lender.
<br /> 6. Maintenance.Rcnairs and Compliance a��I.u�v,T• Trustor shell kcep ti�e Properiy it�goc�d condltioi� •-,.:n:'=
<br /> nnd re air,shnll rom U �e nir,or re lace,nn im rovement which ma bc dama ed or destro ed;ahnll not �n'��
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<br /> commit or permit any�vaste or deterioration oP the Propeny;shull not remove,demolish or substRntially alter any oP '�.��r:
<br /> rhe improvements on the Property;sh�ll�ot commit,suf�et or permit any act to be done in�r upon tho Property in . �
<br /> violation of any Inw,ordinance or regulation;and shnll promptly clischar�o at Trnstor's cost and expense all liens, �!°
<br /> encumbranccs and charges lovied,imposed or assessed ngninst thc Pr.a�perry or any part thareof. �-'��
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<br /> 7. E�lllnen►Domain. Lender is hereby essigned sll compe�^�ation,nwards,damagos and otht:r pnyments ar ' __
<br /> �� retief(hereinnRer"Proceeds")in connection with condemnution or otbYr tnking of the Propetty or�nrt thereof,or �a-T
<br /> �' fnr conve ance in lieu of condemnation. Lender shall be entitled et its a tior�ro commence,appear in and rosec��s�: ������--
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<br /> � in its own name any action or proceedings,and shall also be entitled to make any compramice or sett[ement in •.;.==-_-.
<br /> conrtectian witl�such taY.ing or dam�ge. In the event any portion of rtl�e Property is so teken ar dAma�ed,Lender °,•;;.��;_;,.
<br /> shall have the option, it its sole and absalute discretion,to apply all such Proazeds,after dc�luctinQ therefrom all ="-'°'
<br /> costs and expenses incurced by it in connection with such Procceds.upon any 9ndebtr,dnoss s��ured hareby and in •'��`�`
<br /> �� such order es Lendor ma detennine,ar to n 1 all such Procecds,nRer such deductiona,to tho restornttan of the .���'��;"�u
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<br /> Property u{ron such canditions es Lender may deterniine. Any appBcatton of Procetda to indebtedness shnll not � }:
<br /> � ; extenc'or postpone the due dete of sny puymsnts ander the Nute,or cure eny dofault thenundcr or liereundcr. Any ���--
<br /> _ g unapplied funds shall ba paid tv Trustor. r_.:
<br /> 8. Ped'o �p�Lender. Upon the accurrc:�ce of an Event of Default humunder,or if any nct is tnk¢n or
<br /> ➢egsl proceeding commenced,wh(ch materially af�'ec3s ILender's interest fn tha Propeny,Lender mny in it�owc�o
<br /> " discretton,but withaut obligation to do so.and without notice to or demand upon TrusCar and�vitltnut releasirog
<br /> Trustar fromn�ny obligetion,do nny act which Trustor fiav agrced bur,ftails to do and mny els�do eny othcr act it
<br /> - deerns necessary to pratect the security hereof. Tnistor sfiall,immed�ately upon demanct tltarefor by Lender,pay to
<br /> • Lender ell costs end expenses incurred end sums expencled by Lender in connectian wit1�tho axereise by Leuder of --
<br />"' � . ahe foregoing righb,together with interest thercon at the default rete provided in the 1Vota,wh[ch ahc�ll bo added to �
<br /> ' , ehe indebtedness secured hereby. Lender shall not incur any liability because of anything It mny d�or omit to dm .
<br />_. , hereunder. _
<br />- ��w•..a.�� .
<br />=;":1:=, �:t .° q, ��ardo�•Materiels. Tcustor shall keep ahe Property in compliance with all applicablo laws,
<br />�`'�`' ' � mrdinances and regulations relating to industrial hygienc ar environmental protection(collec�ivaly refarred to heewaru __
<br />- �W��x'' as"Environmenta!Lawe"). Trustor shall keep the Proper�y frce froem�U subsmnces dcemed to bo hnzardous or __
<br /> =`' � `''"•`' toxic under any Environmental l,ews(coilectively roforred to herein as"Hazardous Matcrial�"}. Truston c�reby
<br />.M1.: �.°_ warrants and represrnts to Lender that there are no Hazarduus MAterials an or under tho Propraty, Trustor her,,b;v =
<br /> '' �'`° agrees to indemniFy and hold hartnless Lender,its directors,nfYicers.employees and agents,and nny successoirs ttc� _
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<br />- �.ender's interest,from and egainst uny and all clsims,�nmages,losses end liabilities Arisin�in connection with ehe !�M_
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<br />�,;;,�;;,���= presencc,use disposal or transport of any Hazurdou�Materiais an.under,from or about the Properey. TNE _-_ -
<br />-- '� • " FOREQOINCb WARRANTIES AND REPRESBN'i'ATIONS,hND TRUS'I'OR'S OBLIOATIONS PURSUANT TU
<br />"'`-�,r�;.s.... THE FORE�301NO INDFMNI7'Y�SHALL SURVIVB RECONVEYANCE Or TH[S DEED OF'fR6JST. �-
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<br />= � � 10. A�aiQnment o Rents. Trustor hereby assigns to Lender the rents,issaes and profits af tlw Propetiy. �
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<br />- - proviucu tliat zrus¢o;shell,until the occurrcnce oF un Event of Default!:P71tr.�!e�,h8yn tIln*l�ht in r.oll�ct nnd ,�
<br />_ retain such rtnts,issues and profits ds they become due and payable. Upon ihe occurrcnco of an Evcnt of Defau!¢� _- ____
<br /> Lender may.either in person or by agent,�vitl�or without bringing uny action or proceedin�,or by o recaiver
<br /> ' appointed by e court and without�egard to the adeqaflcy of its security,enter upon and take possessie�n of thQ •,;,-;!��-u��_
<br /> �--.-_-.
<br /> Property,or any part thercof,in its own name or in ihe nAme of tho Trustce,and do flny ac�s whtci�it dezms -;s:i+�';�?�,�?�;°;�
<br /> ' necessary or desirable to preserve t�o value,marketabilily or rentability of the Property,or any part thtueof,v� '°" '�'�''.�:'''
<br />- interest therein.increase the incomo thereTrom,or protect the security thcreof,and,with or w3ttwut taking �"►�;'�'-_`
<br /> "� possession of tiie Property,sue for�or othenvise collect,the rents,issues and profits tltereof,including those past : "�^
<br /> �.
<br /> due and unpaid,and epply the same.less costs and expenses of op�ration and coliection including attomoy's fees, "' '+
<br /> upon eny indebtsdnese securcd hereby,all in such or der ns Len der may determino. 'I 1�o en te r ing upon an d ta kdn�r
<br /> -- - ----� ____W:......r.�n.......... ��....II�nIS�n nf curl�.an�e i�a��0�,.1.,r�4itc nnd Ihn annlirsii�m tliercnf ns aforesatd_ '_---� -'—,
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<br /> shell nut cure or waive eny deteult or notice ofdefault hereunder or invalidote any act dono in response ta sucli ��
<br /> i default or Nursuant to�uch notEce of default and,notwithstending the contiuuance in possession of tho Propeny or •
<br /> ! the collection,receipt and epplicntion of rents,issues or protils,end'i'rustee nnd LenJer shnll bo entitled to exercise
<br /> ; every right provid«D for tiercin or by law u�n uccunenre of nny Event of Defauit,including without li►nitntiun ti�e •
<br />_ ` rfght to exercise the power of sale. rurthcr,Lenders rights and remedies under this pzragraph shnll bo cumulfitivo
<br /> + with.end in nu wey a limitation on,Lender's rigl�ts and remcdies under any nssignmait of Icases and rents recorded
<br /> � egainst du Property. Lender�Trustee and the receiver shall be Ifuble to eccount only for those rents actudlly
<br /> ; � reccived.
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