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<br /> ` ' ' - ` lA. D&:FAU][.T.Truswr will be in defavlt ff aay party obllgatsd oa the Secviced Debt lsils w ms�QaymEUS wk�n d�te.Tcustor . ,
<br /> � ' vr�7I be ia defanlc if a breach oocaus under tTie tet�s of this Seaulcy fnsu�ora�y ot8gr dowment executed far the .
<br /> � purpo s e o i�mg,s e�x u i n g o r�a�t a n t y i n 8 t h e S s c u i e d D e D t. A go o d f a i t h bxlief D y BeaeS c t a ry thaa Beneficiary as aaY •.<' :; , .
<br /> � t i m�i s i n s e c a i e w n h r e s pect w a a y etson or e o s i t y oblIgated oa the Secuted Debt or tLat the praspect of anY Paymeat or
<br /> . . t h e v a t u e o f t h e P r a p e n y is i�e d sLall aL4o co n s t i n n e�eve�t o f de f a u l� _. . _:
<br /> ' ;"`f 15. RElI�HES ON DEFAUI.T.Ia some instaaoes,fedeial aad state!aw will requi�e B�aet�7►w Pmvide Ttustor with ..
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<br /> ,��---� notice of the right to csae ar other notises and may establish time acGedules for foretlosrae acxioas. Sub,�ecE to these ,. -.
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<br /> :_ `--`=�.r::� ..., . limi�[ons. if�y, �ueficisrY may aoceleraie the S� Dzbt ana Foieclose th�s Sac�trity �ment ur a m2nner , ._—_
<br /> ` .. .. :c.��r.,' plov[ded hy lar+if Tr�sffii is m defaul� E�; . - - .
<br /> - •�'� ����y � aadp shaU become ` -
<br /> ''; � :`��� At the�gaion o�f�^�'����i!��uotise rKoized 1ry I�aw�npoa tbe araureace of a�i oranyume � ` ..t .
<br /> �`%%`�; the��r.Ia ac2ct�iam.�eficiac�i be e.ntrtled w all the=em�dies psovided by 1a�v.the t�ma of the Sec�ed YTeBi. - -
<br /> , this Se�ity Insa�tt and aqy r�..:�d dQama`ats,mclu.d'mg c�ithout limitatco4 the Power to seil the Ytag�cty- r,
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<br /> ° ' ' �.< .� If thea+e is a defa�Is,�nstee shall,in adduion at.aay otherp c+�dy,az t6e of th�B�y,adv�tise ' b : �. -
<br /> aad sell the Fmgerty as a v�hole or#as��at�pazoels at pnb7i'�on w th$6�ighPSC�for casb a�4 oom►e9 a.�'�nlat� ?; ', ; ��,
<br /> •� t i t 2 e f i��d d e a r of aii sI g h s,tit2e aad�nte�st Of TIUS[Oi et s1C�[iIDS 2IId p12�e 3s T'Y��d4sig[13Les.TIU32fe sh2S1 givC e��J„": . �_.<��,`'.`..•
<br /> . ,� � notice aF sale incinding the c�me.terms and place of sale�.a d e s c r I ption o f d i e p ro p e rt y w b e s o 2 d a s i e q u i r e d�y t h e u� h �
<br /> � t .. r„'���:• applic�bYe law in effect at the time of the praposed sale. ,;�_ � ` � F
<br /> ::.�����:��,.%s`!(r�;�,.' a n d w t h e e x[e n c aotpm law,Tmstee shall make aa�deliver�a d�m�Pmg . - _
<br /> 'r�� Upon sale of t�PmPenY hiened �y :}, , �.,•r,:.:?,,:
<br /> f, , �`''b�f e��;. so l d $�ich com►eys abssolute titie w t� p�a ser, and�Rafte.r fnst PaYmB a I l f e�s, ��'�� amd ��st - r```' :
<br /> �'�' ��•d,��c gea�r aU mancys a d v a n ce s l�r repairs, t a x e s, i n s m a a c�e.1 i e n s,a s s�a u t��3 z r `� "`' %`
<br /> � ` •�",r'�.'�r=�' the 1 tf tn T�usoor. ��; ',
<br /> �.•..) � themr� azW tl�p�c�p al aad i�t�es[ on the Secared DeM, paym 8 . siuP as.,' asi:, �.!ffiY �f �,� s:
<br /> y.��. ;'.'':`.°;�'tE -�� p�r�e Prapeny-n .'I$e recitaFs Yn acry deed of oonveyaace si�U be prnaa facie evu3�a€the faas s�.fosth� " �,x��' '_
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<br /> �r�y�`. ' 2� '�• eqiuit�,whether���ty set fotth.lfie aoc�tance bY H�rr��t aa�sum in payment or ga,�at Payme�on the
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<br /> ' �F�`�.��f:; Sec� Debt af;��t�alaaoe is dne or is acoelerated aa� �g=a�aze filed sS�aII nat�nTsa�¢t�g , ,�s,`S 4 `,�
<br /> b l�{* �r wac.cr�S�'s ng�t m�se comg2ete c�ne of�g� d�-"�..a.By noi�g aaY r - fr
<br /> ' ;'••`.,:' d�s�;a��ae 8ciaiy c i�not w��B�e fiaazy's ri g'�x t o f,���c:�t a d e f�t t i f i t c o n t t a u e s'�p e a s�- f?.�'f� =
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<br /> r a�,� ' ,`.�fF_.r `�`����y 1�>'G�z a�ees top3y aD_of B�s expe�sea if'i�ar 6re�c�es anp cavc�s3 m t�is Secmity ,-
<br /> fI � ? �'Tta�r�tr"�,..i' 21so gdy�II demaIId Stiy am8�t m�ed by_BeusfiC�y fos tusuaiag,msFoam�s or ` R 5-.
<br /> --: ..,::-i':���� a " the PmF�Y����Y�S��Y i��'lliess expeases cviU Is�inteiest tmm dace a the �
<br /> :;., ' �� ;:�!�c��:� Paym�.�uQOU paid m fall at the lu�hesc i�terest rate ia effect as�provided in tLe term4 of the Seaued Debt.l�aswr agn�s __ ;
<br /> `:�'-'.i��� to p aU costs and expea�ses incuaed �B�ei3ciary in.collaxing, enfurclmg ur Pmt�nS Be�efictaty's rights and . ,
<br /> ` r�es under this Secauity Inst:ument. amnm�may mctnde.bat is not limited to,attomeYs'fees.court oosts,aatl 1 � .-, ' 'T;
<br /> �'+.: �. , , . otber 1 expsnses. 'this SecArIty Iastrameat shall zemaia la effect unt�l reteased. Tiustar ape� w PaY for anY - ,_. ` ��.i:
<br /> on costs of such release. .��E .,,� , ,.
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<br /> ' " 17. �lV�t011i1V�NTAL LAb�3 AND�ZAIItDOiTS Si1BSPAI�ICES. As used in tl�is s�tio4 �) B�vironmeatel Law .
<br /> �-� �,cvithaut limitazion.tIIe Comprehensive Fnvimamentai Respoase.Compensatioa�d laab' ty Act(CERCLA.42 ...•'��'
<br />:. ' U.S.C. 9b01 et s�. .�d all other federal. state and 1oca1 lawa. �gula�ons.ordinaaces.oourt otdels. attamey►�eneral �•:-�'
<br /> _ � . apin3ans or iateip�ve letters coacemfiag the pubtic healtb,safetY,welf�.c�►vu�onmea�t or a h�daus subs�aca:aad(Z) "=`�'..��
<br /> : :' .-. H�ardous Substaaoe means anY toxic, rad�oacxive or bazandous matexlal. waste. po Uu►�.nt or aanraminant a�htr��as _ rr
<br /> ,. . �. charaxerlstit�wWcb reader the substaace dangecoas o:pot�eatlaily daaget�aus to We public health,safety►. welface or Y=�� ��•�`-�'
<br /> ` ''"�;'-3 e�►lro�.'ilte tetm iaetttdes.w�t h a u t l i m i t a don. En�a�dl.a�a s'�d q n s m a t e r i a l.''wxic sa b s t a a ce s,' . �.,. :;.--,�-_
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<br /> 6azardaus wa4te or°hazasidons substaaue'uader any
<br /> _ ''. 3;. Tniswr�Seuts.wanants and agce�,w Wat: � -
<br /> � � A.Exeept as qreviouslY disr�osed aad a�3mowIedg�in wridag W Be�eflctary.no Hazardaus Snbstance is or w�l be
<br /> tocated stoied or c�teased on or ia the Progeaty. 7bLs cest�icdan does notappty to smal�qu�tisi�of�ardons
<br /> .1 � 5ubstancxs tLat are g+�erally�eoo��to beap�propriste far tbe aom�al nse and maint�aace of the Fmperty. ".".,�,�,
<br /> � ',o} �' B.Exoept�aa pievionsly d�scIosed an�as�mawIedged ia wri to Beaeficiaey.T�ustor aud every tenant have beea,ffie. �
<br /> � .� . and sh :emaia ia foli wmpllance witL a�la�llrable Iaw- . -;-:-:_
<br /> - ' � � � C.Trostor sl�all�e1y nntii�r Beacefdary if a re2ease or threate�ed�+elease of a H�rdans Sob�taase aaaus on. � :�.._r.,.
<br /> =u� � � uQder ar a6unt thep�y or there Is a vfo2aSon of any Favimnmental Law oaareming the P�peRy.In sas�aa .
<br /> t � event.Trastmr sl�all take inecessary temedial actIan in accordance with aay►FavItvnmemal Iaw.
<br /> �� D.T�a�ar s$aU�mmediatel no�y IIeaeficia�y fn writlag as soon a4 74usw:has�eason to bel�eve th�e isa�r pendiag ; .
<br /> �.�� � �,. os tLreatea2d iavesd�un. claim.as pm�ng �ela�ag to the �elease or th�u� �e1e�of aay�a�doas -- -_'::;,:z�-..
<br /> ... , Snbst�ce oa the violat�on oY any Favimamental Law. ,;�;;i�'�;::,:
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<br /> ; � � ° 18. CONDFdVIlVA'&Y�RF.7mstar will give Beaeticiaiy►pmmpt aotice of arrypzadin�or threasened acxion,by Piivate ca�blie � ;, �.
<br />„t:;;.�°'�� � � ' eatides to�or tatce aay ar ail of tbe Pmperty thmug6 candemaatlon.�domain,or auy mher meaa3.�'rnstar � •• ±�•';;, �;.
<br /> � '` �s�e a e f t c l a t y r to l a t e r veae i n T t n s t o r's name 9 n suy o f t h e a b a v e Q e s c n'b e d a c t i a n s o r c l a i m 9.T n�s t o r�g n s t o ` ;,
<br /> . •�! +t�� S��ary the Droceeds of any awaM or claim tor damagcs conn¢cted witb a oondemn�sfon or olher mk�ing of ell ar any : ��.
<br /> �'�°�` � . ',�i'�j;':s pare of th$ p��y Suc� pmceeds sLall be aonsiQered gayments amt arill be applied as pmvtded in �his Seca�Ity r : .
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<br /> - � <�' Iast�umcnt.'Ihis ass3gnment of praceeds la sub�ect to the terms of airy prior mortgage.deed of t�nst.seauiry agreement or � �
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<br /> "�� other lien doa�ment.
<br /> _-_ , ; 19. IIVSURANCE.Tiuswr shall keep Fmpeity�aared agaiast loss by flre.flood.theft and oiher harards aad ristcs neasonably : ` .
<br /> ' associated arith the Property due to itsty and location.'I�L9 insuraace shall be maintained in the ammmts and for tt� ..
<br /> *�� ; ' pertods t6at Beaeficiary reguires. 7be ias�uraace cariier provlding the iasuran�x shall be chosea by Tnutm subjetx to , �
<br /> -'° �? Baefcciary'saFpiwal,aluch shall not be ua�easanably withheld. If Tnutor faila to maintain the coveza�e desc,ribed
<br /> ''_.';�.,, : ` abave, Beaefrclazy may.at 8ffieficiary's option,obtaln ooverage to protect Beneficiary's�igt►ts in the Pmgerty aecording . . .
<br /> -.`?i;,i:�, _ . co the telms of Ws Secaulry Instrament.
<br /> `""`"r':. All insurat��gaSicies and renewals shaU be a��b2e to Beaeflciary aad s�atl include a standard'mortgage clause•aad. � �� .
<br /> '����k�,�� �4_:,�;�4�;� wher�e applirabie. 'losa pay�e�e cianse.' Tmstor immediauiy no�ty Beaefi oY canceUation or tem,t,►ar:,�,. cf tL1e -- -'`;�,
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<br /> l t, �1>1�7 insa�ause. Beaeflciary shall have the rlght to hold the pollcles and ieaearals�f Beaeficiary requiies, Tcu� �L'I `�:.ni
<br /> ----'„ c .`,�>,{a,����� �' imm�t;.�lY Qv� to Beaefic3ary all receipts of oaid premiums and maeaval noiices. lJpan loss. Ttustor � Sive � .,
<br /> `Y��'<<� '' �'`�;?";�, imme�iate nonce w the 9nsuraaoe canier and Beaefraary.8eneftciary may make prosf of loss if nc��immediately by • .
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