'�' • . . ' . .��;�n,.T� , .. Y:i:
<br /> '. � .;•.,• , , ....... ,,,;,. . ��;,,•i _;�. _
<br /> ��' r �lr _ ._._
<br /> .
<br /> , �y {��j,�µ�*� { —
<br /> - •.�.:(r�.i�L�.. •� ''�'r�f������iV.6r�'tA. . _' _.c.v�w�..�+-.
<br /> �}:.l,!'Y.fZ___}H:.n'a�a_"__ _ n�me 7!4R9'IL-•`vfa-var.m-..—
<br /> 98— �;t���s��
<br /> :�
<br /> aUto ta ohe I.cndcr. In caae c�f loas undcr auch�ulicies,tl�e I.cnder ie authoriuci to udju�b collect
<br /> ond compromisc all alaims therounder and shall havo the option of appiying ull or�+u't �f thc
<br /> inxurnnee prc�ceeds(i)tu an indebtedness srcured hereby and in sueh order as I.�nder mny
<br /> dttcrminc,uii)t��`o��traa iafnct�tarLend�r wlithaut wff%t n�tho lien af�hi�D��d�frfnist
<br /> any atherp rpo licutiun nf pra-
<br /> for Ihc 11i11 amaunt�ecured hercby l�e ore suoh��ayment cver taok placn. Any app
<br /> cceda to ind�efeiull theroaundort rKheretutde�yt�nc tho dua dat�uf any puyments undcr the Notc, ' .
<br /> or cure any
<br /> 5, �,�, Upan written demand by I.ender,Trustor shull pa to Lerxier,in such munn�r
<br /> as l.ender may deaignate,sut'ficient eum�ments'and other chur�c e�ainys►hG�'�Fx�Y•(�)�hc
<br /> maro c�f the foltowing: (i)s1l taxes,as�e
<br /> �remitun�on the property insuranco nequircd hcceunder�and(ii� Ihc premiums on any mortgage
<br /> insuras►co ceQuired by Lender.
<br /> Lnt��nC� e �irs ��om iniiCe�ii:'s:-�4��• Tn,�et�►sh,�il k�xn thc PmpertY in - -
<br /> 6. m • �,��procnpdy reparr,or repluce.any im�rovement which may be
<br /> good condition ancl r�p�dr►
<br /> damagai or dastroyod;sha11 not commit ar permit any waste or datoriuratian af tho YropenY;
<br /> shs+lll not remove,demolish or substsntially alter any of thc improvements on tl�c PropcdY;shsU
<br /> not commit,sat�'er o�pemiit a�►y ect m�d dischargc at Trusto s cost andVexp�1itsa a 1 I ensaw�
<br /> ordina►c�cc or regulatlan;and shall Pro P Y thereof.
<br /> encumbraaces and charges lEVied,imposed or sssessed against the Yroper1y or any part
<br /> �, p�ni ent Dnmain. Lender is hereby assigned all compensatio�n,awards,
<br /> damages and
<br /> atber payments or relief(liereinafter"Procceds")in conncetion with condamnation or other
<br /> taking,of the Property or part thereof,or for conve�y p��ut in its owa name any ction o ri1
<br /> b e e n t►t l e d a t i ts o ption to commence,appear'
<br /> proceedings,and shall also be entitl e d to m rt o oyf the Property is so t�aken or damagedt Lendcr
<br /> such taking or damago. In the�vent any po
<br /> sliall have the option,it its sole and absoluta discntion�to apply all such Proceeds�afler deduct-
<br /> ing therefrom ail eosts and expGU�s incur.�b�:t!n��nnection with sueh Pt�ocGeds,ail�s�uci►Y
<br /> indebtedness securod hereb�►+u►d in such order as I.ender may det u�n suchtcondltlons as I.cnder
<br /> proceeds,aft�r such deductions,to the restoration of the Property Po
<br /> �_.__..,.:»., w�.,p.,„hcatinn of Proceeds to indebtedness shall not extend ar postponc the
<br /> iaidY u�waaau,a... y rr .. a_---•���+�n�ar At1V _
<br /> duc date of sny payments under the Note,or curc any deiau��ii�e��u►�..�►�_••�.-»..---•
<br /> unapplied funds shall bc paid to Trustor.
<br /> g. p,��'�rm�new.by ,ender, Upon the occumonce of nn Event�f Default hereunder,or if
<br /> any act is teken or legal proceedin�cflmmenced,which materially affects��thau��ri h o
<br /> properiy.Lender may in its awn discrerion,hut without obligatinn to do so,
<br /> or demand upon T but f ls o do�a may ai�ao�y o h�act it deems neccssary o Prot t the
<br /> Tntstor has �,rad
<br /> security hereof. Trustor shall, immediately upon demand therefor by Lender,pay to Lender a
<br /> aosts and expenses innurnd�doge her w�ith in�terest thereon at thn default�rate provided nbthe
<br /> Lender of the foreg g �1►
<br /> Note,which shall be addai to the indebtainess secured hereby. Lencier shall not incur any liubi -
<br /> ;ty because of an,ything it may do or omit to do h+ereundar.
<br /> 9.
<br /> . Trus3ar shall keep the Property in comgliamce wnrxa all applica-
<br /> ble laws,ordinances and regulations relating to ia�dustcial hygiene ar cnvironmentad;Protection
<br /> (coltectively refezred tm I�enin as"Environmenl��Laws ). Tn�stor sh�:R`j�n��ws(co�ll��ily,
<br /> terials" . 7tvstor 1t►er.�w��•r warrants nt►d represenu to i.ea3er
<br /> • fron�all sub�tances de�►nal to be hezardous or Qa��.Y��x�y��`�'" '
<br /> referrcd to h�erein es"Hazardous Ma ) 'I'rustor hec+eby agrees to indem-
<br /> that there are ao Hazardous Materisls on or under the Fc�,m�r�'Y•
<br /> nify and hold harmless Lender,its dimctors,officers,emp9�yees and aBents,and anY,se�ccess°�
<br /> — to Lender's interest,from and against arty a�na a�L'2�clsims�damages,losses and lisbilities arising in
<br /> conr�ection with the presenceTH��'��S�EGO��SWAR�NT ES AN REPRESENTA Ol�,
<br /> from or about the Property.
<br /> SHALE.SUR�V1E RECOI�I'v'EY'�.4'+'1�R 1���S DE D{O�T4�U�T1NG INDCMNI"I'Y,
<br /> — r�+t rnf R _re c 1'rustor'hete9sy assigcas t�Lerxkr tt9e rents�issues and prof�C"5
<br /> - L0. BS5iQt1m�...�-�-..�•
<br /> - of�e�mopertY.Prov�ded tha�Tnrsior shall,until the occusrence of an Event of Default hercun-
<br /> - der,huve thc right to collect ar�cE retaa���re��=C��n�rm Ytse her tn person vu�Y sBent,
<br /> -- paYable. Upon ine occ;ur.���..��.«•......--------- .
<br /> �
<br /> '` wi;h or without Uringing any action or pri�ccrYing,or by u receiver appointed by a couri aou
<br />=�5� without ceganl to the adequacy of its secunty,enter upon and take possession ot tne f�rop�dy,or
<br /> �""� any part thereaf,in its own name or in the name of the Trustee,and do any acts which it deents
<br /> �� necessary or desuable to preserve the value,marketability or rentability of the Property,or any
<br />��� rt thereof,or interest thcrein,incteuse the income therefrom,or prot�ct the securiry thereof,
<br /> �� p sues�and r ofits thercof,�in luding thosetpast dueeand unpaid',und t�P�Y he samt��h 5 c�5ts and
<br />;.�-�
<br /> P
<br /> ;;�
<br />-- z
<br />-�u
<br /> � � __ _ -
<br /> .
<br /> � _ _ _ --
<br />
|