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<br /> V.. '''"� 14� DEFAUI.T.'['rutiror wlll bc in�'ofRUlt If�ny p�uty obUgated on thc Secured llebt faile ta�ti�akc paynx:nt whcn dur.Tcustor —
<br /> � '� wil! be in defattlt if a brcach �ccure under the tertns of thia Seeurity Instrumcn� or uny other document executed for thc c.
<br /> �=� purpase oi crc�Ung, aecuring or guu�ntying thc Sreurtd Debt. A good falih belicf by Henefieiary�hat Beneficipry at any
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<br /> � time le insecure wlth respect to tny person or entity obligated on t he Securai Debt or thot the prasp�ct af any payment or
<br />...;" thc vdue of the Propeny i�itnpxicod ahdl aiso wnsNtute an evert of default.
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<br /> 13. Ra1�EAI�S OghDiEF�urcLo other notia� ��nu+eycestablahtllmuaschedules�far�forrcnl 3urey�cti�n�V S biCCISIOTtI1PSC
<br />•���� l i m lt�done, if �ny, Brnetici�ry ttuy �eceler�te the Secured Debt and foreclose thie Security In�erument 3n a manner ��
<br />...r,rr� providod by I�w iiTruator Is in dcf�ult.
<br /> m.�, At the optfon of Beneflciuy, �ll or any put of the�gceed fees and charges, Accrued lnterest and princi al shaU become
<br /> Immedl�tely due �nd pey�ble, �ftor giving rwtice if required by tow, upan thc occurrence of a de�Alllt OY Anytimc _.
<br /> '�+, - � thcrcaRer.ln �dditian, Beneficiuy sh�ll be entitled to all the rcmodia provided by law, the terms of tl�e Sccured Debt,
<br /> ` `�' thla Security Instnu�ent and any rcl�ted dacuments,including withoat Ilmltation,the�wer to sell U�e Property.
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<br /> -���"�� rf��.�is.�t�f�ult. Tn►stx shall, in addition to eny other permitted rcmedy,at`hc�aest of the Beneficisry, advertlse
<br />-_„=';�'�s� and sell the I'roperty a�a whole or in sepuate pa�celR it PubliC AuCtioti tu G`tc iu�uca�u,w''„�. fc:.,..!2.s:.!conve�ab�elnt�
<br /> t���� tide free�utd clau of dl riaht.title u�d u►terest of Ttu�tor at such tin�e�nd p�ace t�Ttuscce drsi8°ates.Tastee�sh�tl give
<br />°=� notice of sale inc►udiag the time, tetms and place of sale and s descdption of the propecty to be sold as required by the
<br /> ' -- - applicable law in effect at the time of the proposed sale.
<br /> ' Upon sale of the property uK1 to the eatrnt not prohibited by law, Trustec shall make ancl delivK a deod to the Property
<br /> �� sold whlch coaveys absolute title to the purchaser, and aRer Pirst payinR a1D fxs, cltarg� n�rs� costs, shall pay to
<br /> — aeaeficiary dl mot►eys �dvanced for repurs, taxes. insurance, Itens, assessments and prior encumbrances end interest
<br /> - -°`"`�_"_� ��h�� �c Prt�The ncitals�in�any deod of comey�tsh�llybe pr�ma�eucviden�ceyof t�hc.faets set�rth�thercin�Y
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<br /> L" All remcdirs ue diatinct,cumulative And aot eaclusive, wd We Beaxficipry is entlded to all remedies Qrovidal at law or
<br /> = equity,whether or not expnssly set forth.'Itia acceptance by Beneficluy of any sum in pay[nent or partial payment on the
<br /> Secund Debt tfter the b�iwca is due or is accelernted or after foralosure pc�ocecdiags are �i1ed sha1� n°t c°nstitute a
<br /> — _ def u1t,�Beneficiau'y d•oes n�ot w�lve Bencficiuy's dght o latec conside at2rc evcnt a default i i coat��iues o�r b�apPe��s+�+�As
<br /> 16. EXPENSES; ADVANCFS ON COVENANTS; ATTORNEYS' FEE5; COLLECTION CO6TS. Except whea
<br /> prohibited 6y ltw, Trustor agras to pxy all of Beneficiuy's expensa if T�ustor breaches uiy rovenant ln this Socurity
<br /> in�trument. Tnutor will�lso paY on demand a�►y amount incurnd by Bec►eficiary for insurinp�insFecting, preaeorving or
<br /> orheswise protectin�the Propecty u�d Beaericit�ry's security imeres�.'II��.,c ea�i�wili Ys:.:r�;�t fmm Ltse dnie�f rh�
<br /> pnynxnt unW pald u►full at the highest interest rAte in effect as pcovidod in the terms oF the Secwed Debt•Tcustor agnes
<br /> to p� all coste and expenses incurred by Beneficiary in,coUecting, euforciag or protating Beneficiuy's dghta �ad
<br /> ies under this Sa;urlty Inauumeat.'lhis amount may�nclude. but is not limited to, atwrneys' fees.court cosw,and
<br />__ _ _ ���i «g� ��i,�,�„�,,, �n;;� c.���,ary instrument shall re�nain in efFect until nleased. Trustor�� to pny for ury
<br /> r000rdation ooata of such release.
<br /> 17. ENVatONMF.NTAI. LAWS AND HAZARDOU5 SiJBSi'ANCES. As used in thes secdon,�1)Envis+onmentat Law
<br /> meatu, without ltmitation, the Comprehensive Eaviroiunental Response,Gompensatlon at�d Liab' i'ry Act(C�R�1.A� 42
<br /> U.S.C. 9601 et seq;).end a11 other federal. stue and locAl laws, nguiadons, ordiiw�ces. court orders, attoraey general
<br /> pinions+or inte:pc+etive letters conceredn8 the Public health,safety. welfan,environment or a harudous substance;�nd(2)
<br /> °H�z�edous S�bsance rneuis any toxic. radloactive or harardous m�terial. wzue, po llutant or contaminant which has
<br /> chAr�Meristics which mxler tl�e substanoe dengerous or potentially dangerous to ti�e public health, safety� wclfare or
<br /> eavlroama►t. 'Ibe term includes, without limitation. �ny Fubstances defined u "hazardaus tnate�ial,• "toxic subetanoes,"
<br /> "ha7�cdous wme"or"h�uidous substana"under aay Environmental I.aw•
<br /> Tnistor represaate. wur�nts and agnes thxt:
<br /> A.Bxcept as previously dlxlosed and ackmowledged in writing to Benefici�ry. no Hazudous Substance is or will be
<br /> locatql, swt+ed or releasod on or in the Propetty. 7lus restriction does not�pply to small qwiatitles of Hazudous
<br /> Subtt�naa that ue geaaaUy noo�nizod to be sp�mpriate for the nocm�l use u►d mainten�oce of tbe!'roperey.
<br /> B.Excxpt�s pnwiously diaclosed anu�cknowledged in wridn�to Beoeficiary,Tcustor snd every tenane havc baa.ue.
<br /> and shail muain in fu11 wmpliance with any applicable Env�mnn�entv I.Aw.
<br /> C.T�ustor sh�ll immediauly aority Beaeficiary�f a celwe or tbreatenal releu5e of a Hv�rdous Sabst+nee a:cur�on�
<br /> under or�bout the Pc+opnty or there fs a v3olation of any Envtroameatv I.aw ooncxrninB the PropertY• t°a�h�°
<br /> event.Tcustor Sh�ll take all ueassuy nn�edial xtion[n socord�noe with�ny Eavironmeaul Iaw.
<br /> D.Tcustor shall immediately notify Beneficiuy in writing as soon as 1lrustor h�s cr.t�on to believe there is�ny pend'u1B
<br /> - or thmAteood investigatloa, claim, or proceeding rei�ting to the releasc or threateood rcleue of any H�.�nlous
<br /> Substance or the viols�tion of aay Environulental Law.
<br /> 18. CONDEAflVATION.T�ustor will give Besieficiary prompt aodce of uay pendin$or tlu+eatened aaton,by private or public
<br /> — eatities to pum,�se ar take aay or�Il of�the Property through condeamsrtion,anmeat domain, or oay other means.Tnutor
<br /> - __- authocizes Beneficiary to intervene m Trostor's name in any of the above describod xtions or claimc. 7'�ustor wigtw to
<br /> - -'�f-� Bcneficiary the proceede of any awud or claim for dacnagGS oonnected with a oondemnation ot other takiog of all or�ny
<br /> ac
<br /> --�=�� part of the Property. Such prooeals shal! be wnsidered paymeaW amd will be applied es pc+ovidod in this Security
<br /> -=_-=��-��q� Instrumeet.Thie as s lgnment of ptocee�s is�iibSect to t�e terms of any prio�mortBoSe,dexd of wst,security agceecnent or
<br /> ----` other lien dceument.
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<br /> 19. INSURANCE.Tnutoc skutll keep Property insured against loss by fue,flood,theft aad othcr huards and risks reasonebiy
<br /> ;�.��`�'.``�� associatal with the Fropa�t���due to its rype and location. 'Ibis insurana shall be auintainod in tl�c amouats md for the
<br /> ��;;��t� perioda that Beneficiary cex�.zures. 'Ihc tnsnrana carrier providing tha insnru►a sh�ll be chosen by Tnutor. subjxt to
<br />--�-. Benefciery's approv�l, wh�ch shall not be unreasonably withheld. If Trusror fails to maintain the covecage desecibod
<br /> =-�ei;���};;�� above. Benefic�ac�r tnay,at Beaeficiuy's option,obtain coverage to protect Beneficiary's rights in the Property acoocdin8
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<br />�==�:,�5:�. °•f, Au insurance.policies u►d nnewals shall beaoceptable to Beneficiary and shalt include a standud "monga�e cl�use" ux1.
<br />.;;�_��:.��:_ ��. where applicable. "bss payee clause."Tniuor shall�nvne�iiately noh{y Beneficiary of canceltuio�or terminat;on oi We
<br /> insur�nce. Drneficiary aT�all have the right to hold thc policies and reaewals. If Bencficiary reyuins, T�uaror sh�ll
<br /> -'- •'''"•w�'Y immediuely give to BeneRci�ry all rece►pu of paid prem�uuts and renewel notices. Upoa I.os�, Trustor shall give
<br /> ��`•''• `: � immedi�te notice to the insurance carrier and BeneFiciuy Beneficiary may make pmof of loss if not made tnundiately by
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