|
.� .
<br /> ,z. � .:� � � t-ti..�l,i4•7 �;. , �P a t'°'��' _
<br />. _ . : :.:..- . , t 1�` r *i . _ . L _ r
<br /> ,-.� �,,. � . . . -. z`t`- � i .� . t .t � '' < e t `" � ,. �k �`.�� �r. _-�."
<br /> . -s. � - . ' ��a� S�
<br /> i_ - — .�v , :
<br /> _�f�..c :_ .i ' �.. - �. S. t ` � i-w L
<br /> . . b Sr: .� .( .F",�i�"4 �� 'i�.:F. •f � .1� �,c
<br /> .,_��..t_r .l 1...�-�,}��, ( ..c_A�.__J� _'.•�—.�_ _ _ - _ f �1,fF� -
<br /> ,._�..Y-� �� 5 t 7c
<br /> � - .a...,��-�—. �R '-
<br /> .c '��' f' ,Y . . �.
<br /> �.�C f �r���f' . t� - : ,.;
<br /> i.; 9�� ���5 ���.�,. `'�.-
<br /> . :. �,..���
<br /> , , ' . eseacted for the pnrpose of creatiag,sea�ing or Suarantying the Secured Debt.A goad faitb be[ief by L.endcr thnt .. .� �,
<br /> Lender at any trme is insecure with rzspect to any person or enuty obligated on the Secured Debt or that the RsctispeA , .�,�.;�.
<br /> , � a�; of any payment or the value of the property is impaired shall also constitutc an event of de[ault. �{��
<br /> ]5, E�E N�DIES Ol�i DEFAUI.T.In som�instanoes,federal and state law will require Lender to providc Gruntot cvilh �;', ;
<br /> - �• � . _ natice of the rigbt to cure or otHer notices and may esiablish timc schedules for foreclosure actinn.c.Su bjcct w t h�.ye '. • , '.�-s,,,:�:.
<br /> limitations,if any.Lender may accelerat� the Secured Debt and[orectose thi§Security Instrumcnt in a manarr ` ��•� . �`�t{�
<br /> �°:�.�:-_;- provided by law if Grantor is in default. _ =
<br /> i � a s,.
<br /> �_ -.
<br /> �>--��"'"� At the option of Lender,all or any part of the agreed fees and charges,accrued interest and principat shall hec«mc .
<br /> '���= immediaEety dae and payabie,after giving notice if required by law.upon the aceurrence c�t a defuult ur anytimr __ _;
<br /> '� thereafter.In addition,Lender shall be entitled to ali the remedies prov�ded by taw,thr tcrms e�f the 5ceurr�9 Re�+t.� , ` `c� „
<br /> -. �S g�rity Instrumeut and any related documenis.inct¢ding without timitation,the powcr to scp 1hc Property. . . .
<br /> �.. : <...��. ':
<br /> ;;��;;��;s:,--,_ -� If there is a deEae�lt;'Fi�stee shall•in additiab to any other permitted remedy,ut the request uf tht l.ender.udverti�r „
<br />�.-.�;.:. ::- •` : ` ', �-
<br /> . �-�' and seII the Progert�as a whote or in separate parcels at public audion to the highest bidder for rash and c�mvcy
<br />,;::E'. _•-' _ abs�lut�tide hee auc�ctear ef�':�;�ht,title and mteres�of Grantor at suc6 time and place as Trustec.designates. ' ,c
<br /> ' '�. TFUStee shall give notace ef sa'-=u�?e�s&the rime.tern►s and ptace of sale and a description af thz Qroperty to 6c�u1J ',—-
<br /> . .��.,,�4 as required by the��ls L����eu�as the time of the proposed salc. ? 1<< '�'
<br /> ,:
<br /> ' � � " Upon sale of the prc�estp and to�z��_�at PrO�bited by taw,Trustee shall make and deliver a deed ta thc Prap�rty
<br /> � t`'�,''��`:�` sol3 w�ich conveys ah�hite titie t:�::e;�.'�aser•and after Cust paying all fees.charges and costs,shall pay to Lender all ; _
<br />;_ n � � '�r,;�r �o�,$�,�,�{�F��,t��.�starance,liens,assessments and pnor encumbranc�.'s and interest thercon,and the ��._;
<br /> psinci�al.ana mie�s�a�t�e,�bebt,paying the s�nplus,if any.to Grantor.Lender may purchase t hc P roperty. � x:.,�<<
<br /> -���any��.3.��c�a��yanx.s�a�i be�rima facie evidence oi the facts set for►h therein. , •w �€-����.
<br /> �. ' ` �����e�.�,�niu.,,-�-�$as*_��exciusive,and the Lender is entitled to all remedies psovided at law or � _ ..
<br />. �!'`;#`�.. `- ..�'4 exp �P Y Y P Y� P a P Y , :�'.��`.�
<br /> �;�,` •. .' � , eq�^:�.�sfiether e�nat ress t y set fo rt h.'n'�a' t a n ce b L e n d e r o f a n s u m i n a e n t o r r t i a l a t r t e nt on tice
<br /> <;�:,<.--:: •::--r. S e c�r a�Debi aftert�e balance is due or isaooe�erated or after foredosurc proceedings are Cled shall not constitute u y, �y
<br /> D
<br /> '�- -��" � ='� waiver,mf Lender's rig�t to require complete cure of any existing default.By not exercising any reme dy o n G r a n t a r s , -ri:,�,,...
<br /> ��,��.��. .� � ' - defa;.2t;i.ender does not waive Lendei s right to later consider the event a default if it continucs or happens again. . ' ' ��:�.,
<br /> <� �.. .. ..�:
<br /> � �J�;``. ;� EXPENSE�;ADYANCE.S OPT COVENANTS;ATTORNEYS'FEES;COLLECTION COSTS.Exccpt when ;�:i�'`F�,
<br /> �,�_�: a���M proWbited by law.Grantor aF,rees to pay all of Lender's expenses if Grantor breaches any covenant in this Securtty �
<br /> . �: : � Instrument Gramor wil1 also Pay on de�and any amouni incurred by Lender for insuring,insQecting,presetving or 4 ^^.:�.;
<br /> '•�"'�t' � ` ` �� ot�z�vise protecting the Property and Lender's secusity interest.These expertses will bcar interest icom the date of :f<:,• _-
<br /> : . . • `;:�,:rf .
<br /> . �:•c�• tis��ra;�ent until paid in full a>.s�e highest interest rate in effect as pravided in the tern�s nf thc Secured D�bt. � <i ,�r•.�:
<br /> � :�_�s�' Groa�ar agrees to pay aU costs ar��enses incurred by Lender in collect�ng,enforcing or pratecting I.ender's aghts �.'.» -
<br /> : ,:,`` �!� ' .' "` 'aa3�remedies under th�s Security insir+imet�-'!'6is amount may include.but is noi limited ta.attomeys fees.cour� �:'.�_�_� -
<br /> :• .r .;. .. .:'. ,;:;
<br /> { •�'`' casts,and other. expenses.This Secur��*.rswment shall remaiu in effect until reteased Grantor al;rees to pay �4.
<br />''�, �,�,�;, : .:: .,.t.,.. �
<br /> :��.��.
<br />-��=; , ,, for,�y�s�cordatianrz�sts of such release. � -
<br /> ,�''` '� .... '�� 17. �1�iVQ�#bl�l'Al.1.AwS�1V�I�.�ZA�UUS§tB�'A'A1�ICES.�s�ed in this section:(1)Environmentat l.a�v .�j ,.
<br /> , '•:.. ��'?• meana�without limitation.the Compreheasive Environmental ResQonse.Compensation and Liability Act(CERCLA. :y�x.-::• �
<br />= � - 42 U.S.C.9601 et sey.),and all other federal,state and locai laws.regularioas.ordinances.eourt orders.attorney ��,,,,, , �
<br /> __ geaera!opinions os interpretive lettess conceraing the puhtic health;safety.welfare,environment or a hazardous .�.;�
<br /> substance:and (2)Hazardous Substance means any toRic,radioactive or 6azardous material.waste.poifatunt ar ;�;, . ,�q�,_.
<br /> � � � contaminant wtuch has characteristics ivhich reader the substance dangeraus or potentially dangerous to the public �.�,�., �-�-�-_
<br /> • heattb.safet;�,weifare or environmen�The term includes.without limitation,any substartces defined as"ha�.�rdous -�:,:r,.: �,.�
<br /> • ��., material,""toxic substanees,""�-..�--yardous waste"or"hazardou�substartce"under any Environmental Law. Y r-�`-
<br /> ,n� Grantor represents,warrants ar��Scees that °` - -
<br /> t�, �. � A. Except as��viousiy disclosed and a�wledged in writing to Lender.no Hazardaus Substance is or will be � .� �.
<br />- �� l o c a t e d,s t o s e d or released an or i�:�se Property.This restriction docs not appIy to small quantities af
<br /> "� '' '•tc;`+� �tazardous Substances that are geneza..�`y recognized to be appropriate for the rtorma l use an d mam tenance o t �
<br /> ,� {;:1��' the Pcoperty. �
<br /> ' `' " g. Except as previously disc2osed and acknc:vlect�ea i�writin8 to Lender.Grantor and every tenant have been.are. ,: =._.
<br /> �
<br /> '.° `'�: and sball rernain in fu�1 vompliance wida a�zy z�plic�ble Enaronmental Law. �. -��'�°`
<br />- � �� ' � �� C. Grantor shaU immed�atety notify Lenu��a retease or threatened reiease of a Harardous Substa�me aavrs on. , �^^_
<br />_ '� ." � . � under or about the Propercy or there is a viotation of any Environmental l.aw wncerning the Property.In such „-:•-�u•z•�•
<br />- ' � � �'� an event,Grantor shall tr-.Ice all necessary remedial action in accordance with any Envitonmental Law. •;`i''"_,� -
<br /> - � . �,'�� - -- - -
<br /> � �� D. Grantor sha31 immediate�y notify Leader in writing as soon as Grantor has reason to helieve thcrc is any
<br /> �1��r�:�'�'� '����.' pending ar threatened investip�tiae.c�zim,or proceeding relating to the retease or threatened release of any _-
<br /> ,j; � 'L(
<br /> ���,,; �_ ;` Ha�ardous�ubstance or the violatiara of any Environmental Law. , _
<br /> 18. CONDEN4NATlON.Grantcr:aill give I.ender prompt notice of any pending ar threatened actioa.by private or
<br /> _ �`''ti' '� public enrities to purchase or�any or all of the Properiy through condemnation.eminent domain.or any ather . . .
<br />__ �����i�i�%�;'.. means.Grantor suthorizes I.�;arler to mtervene in Grantor's name in any of the above described actions or claims. _ ___
<br />_ � � , Grantor assigns ta Lender the proceeds of anj award or claim for damages connected with a candemnation or other
<br />=: `,�;:.,`�;: ...� �, taking of all or ac�-��t of the Phcoperty.S�:�h�roceeds shail be considered payments and will be applied as pravided in _ .
<br /> , • '.;,''�;. tbis Security InsRrc�..�^znt.7his assignment of proceeds is subject ta the terms of any prior mortgagc,decd of trust.
<br /> �_ '���rJ�` securi�r agceemen:or other L�-s document. � . . :
<br />-=° �"�::r�� �
<br /> � f '� 19 L'�3�"�1VCE.Grantor sha@7 6ceep Property insurec��gainst loss b�firo, fload.theft and other harards�nd risks . ..
<br />�-�.,.'., �. .:�5��r3�t� . .
<br />-- ` � �' .:;. rez�ably�ssvciated witb the Properiy due to its type and locarion.71ns msuruncc shall be maintained in ihe amounts
<br />._:`�• ` . • � and frn the peria�'�that l.ender requires.'B'te insurance carrier praviding the insurartce shall be chuscn by Gr�ntur .
<br /> - ' � � sub}ect to Lender��pproval,which shall�o� be unreasonably withheld. If Grantor fails to maimain the covcrage .
<br /> ' • ' described above,Lender may,at Lender's option,obtain coverage to protect l.ender s rights in the Property uccarding : •.
<br /> - ._ . . � to the terms of this Security Ir��►ument - 5� .
<br /> _- • ' .' ' AU insurance policies and tenewals shall be acceptable to Lender and shall includc a standard'•murtgage clausc"and. • �
<br /> � • � where applicabte."loss payee clause"Gra^'�r shall immediatety notify Lender af cancellation or termination of�he .
<br />- - - • �� insurance.Lender shall have the right to��:::he policics and renewats.If Lender requims,Grantor sfiall imrnediatc{y �
<br />'_ �� grve to Lertder a}I receipts of paid premi•.:..�:n>and renewal notices.Upon loss.Crantar shall give immediate nntice to ,
<br /> ' �'_ th:�:surance carrier and 1.endQr.Lender may make proof of loss i[not made immediately by Grantor. •
<br /> . �. - (pago3ol4) �� '�`
<br /> � - - �. • " A t9418ante�a SYS�ems.tne.St-pouA.!dN I1�E00397•23411 Fam RE-0T•NE BISRJA • , �
<br /> ' , ti
<br /> - , .- .._. .. _.
<br /> � • --
<br /> . .
<br /> - ---._--'._.._.....�....,_....� . . _ . . - -- - - - . . � � -- . . ..-�'_ .. __. ._ . -. -_,
<br /> . . • . � . � .. . . - - ..— -. _ T
<br />
|