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<br /> , �►t the oprion of Beaeficiary. all or any pan of the agreed fees and charges. accraed 'nsterest and principai shall becomc
<br /> ; emaaediatelq due and payabte.aRer giving narice if required by law.upon the oocumence of a default or anytime thereafter. •
<br /> In a�dition.Benefcciary shall be entifled to aU the remedies provided by law,the Evidenoe of Debt,other evidences of debt.
<br /> tbis Deed of Trnst aad a�ry celated dowmeuts inciuding aithout li�tatioa,the power to sell the Property.
<br /> � If thete is a defaul�Tiuster shall.ia addition w any other permmtted raaedy.at the iequest of the Beueficiary.advertise and
<br /> sell t��Pmperty as a whole or in separate paroels at pubGc auction w the lughest bidder fot cash and convey absolute tide _
<br /> free and clear of all right.tide and interest of Tn�swr az sacb time aad place as Tn�stee designates.Trustee shall give notice :
<br /> = __ . . of sate irttl!'��c6e time. terros and Place of sale and a description of the property to 6e sold as required by the applicablr
<br />- , � law in effect at the time of the proposed sale.
<br />. � Upon sate of the propetty and w the exte�not prolui�ited by law,Tn�,stee shall maice and deliver a deed to the Progaty sold �
<br /> _ � which comveys absolute ti8e to the purchaser,and after fust paYinB all f�s,rharSes and costs.shaU pay to Beuefcciary all
<br /> m4neys advanced for repaiis, ta�ses. iasuraace, liens, ass�ts aud prior dncambiances�d iatemst theieon. aad the f
<br /> �-j priucipal aad inte�est oa the Secared Deb�paYic�g the surplus, if anY,to�'rusr�r.Beneficiary maY Purchase the Fcoperty. .
<br /> -t 7he recitals in aay dced of convey�c�sva116e guac�facie evidence of the facts s�.forth thetein.
<br /> ', ;�� All reme8ies are dishuct. camutam¢-�sl not exclusive,and the Beneficiary is entitled to af1 mmedies pravided at law or `.
<br /> equity,whether�s1Y set fortv ar not.The accepfance by Seneficiary of any sam in payraeat or partial paytaent on the _
<br /> Saa�red Debt after the balaace is dne oi is acoelesated or after foreclasvie pmceedin8s aie filed shall not canstitute a araiver
<br /> ;� of Beaeficiary's rigiu to requue fiill and compI�aue of aa}+existiag default.By not eaercising any remedy on Tmstor's - . .
<br /> �' deff�lult,B�ueficiary does uot waive�aeficiary's right to later consider the event a default if it continues or happeus again• �
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<br /> 18.��5;AD7/ANCES ON COVENANTS;A7TORN�"'1FEE5;COLLEC°l'[ON�OSPS.Except whett prolu�"sted
<br /> by law,TrQStor ag�ee.s to pay all of Beaeficiary's expenses i€'E'ius:or b�eaches any covenant in this Deed of Tmst.Tmswr ; , .
<br /> will also pay on demand aU of HeaeSciary's e�ars�iacurred ia coliectinS.insvring,Prese�or protecting the Property .
<br /> - or in any inventoi'ses. sudits,�usPeetions ot ods��at.rinatinfl by Bepefiei�tg in�+espeR to the Propecty. Tcuslol ag[ees Lo . ;
<br /> '' ;, pay aU costs and expenses iacurred by Beneficar�in enforcing or prot��eneficiail+'s rights and iemedies under this � �>`�_
<br /> i',: Dee�of Tr�ut,including,but not li�ited w,attorneys'fees,court costs,and other legal expeascs.Once We Secured�ebt is : ;`
<br /> fully artd fu�al2y paid.Beaeficiary agrces to:elease this Dead of Tmst aad Trnstor agrees to pay for any reco r d a t ion v o s t s. .� ;,�.:�;�'
<br />",j:'• . All suc2�amnunts are due on demand and will bear interest from the time af d;�advance at the bighest rate in effect.from � {�•%�:�•
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<br /> ` time to time.as pra "�d in the Evidenoe of Debt utd as permitted by law. � .... .
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<br /> s1�;, �'� ::�.:' j9.EDIV��'t'b'MENTAL LAWS AI�'i�BAZARDOUS SUBS!'l,61��5. As used 'ut this 5e�xioil. (1) "Environment2! Iaw" '�:-rr.;:;>_
<br /> Compensa�as.�d iability Act (CERCL.t�. 42 `�'�%;�.t}{:::;
<br /> ': • means. without limitation, the Cca�-ehensive Environme�i �anse, . -° r.i,�'
<br /> .':4�, . • `f�,;��. ,
<br /> U.S.C.96U1 et seq.),aU other fe3�~=i,state and local laws,r�xL�ions.�.�~ances,co�:t�s�3ers,attomey general a�i.�sons �,•�.y,��...:
<br /> or interpr�tive lette� concxming the public �ealth, safety. welfare, e�s�fr�ment or a bazardovs �bstance; and (2)
<br /> "Ha�ardous Substaa� �r�ans aay toxic, ra�i.��xive or hazardous mare�:�;.. waste. Pollutant or c�r�nant which Las ` .;'�i:,.
<br /> , ct►aiactetistics which c�'.xr t:� -�,.'�.stance d��,�cous or poteatially dacg�us to the public h�. safety. welfare or . .�;�-t,�
<br />''�f' eavimnn�ent. 7�e term in�I�des,. �ii:out limitatioa, aay substances defined as "hazardous material," °toxic substances,' _ ,: 7
<br />:.'� "ha7ard�vs waste" or 'ha7ardor..s slFastance"under any Enviromnental Law. Tnutor repr�sents,warrants and agrees that, : . �-i:`:`:�
<br /> pccept as previously c�i�tosed and aclmowledged in writing: , ._'.
<br /> t A. A2o Ha7ardo��abstance has been.is,or wiU be located.tcansPorted,mannfactured.treated,zefiaed,or handled by �:„ . � ::� � '�
<br /> , ''y auy peison oa,ander or abuut the Propeny,e�ept in the ordinary course of bu.4iness and in strict compliance with . . ;.�"'
<br />-;.; aU appl�cable Euviro�t�ntal Law. � ��
<br /> ' B. Trustor has not and wiU not�;ause.contribute w.or permit the release of any Ha7ardous Substance oa the Pmperty. .. . ;.;z,���:;;
<br />: ,y � C. Tiustor will immediately notify Beneficiary if(1)a mlease or threatened release of Hazardous Substance occurs oa, .;r?::•
<br /> �`•+ under or about the Property or r�grates or threateas w migrate from neubY Praperty;ar(2)there is a violatica of
<br />` �� aay Envim�tal Law conceming the Pt�erty.In suc�an event.9'rustor wiU take all aecessary remedial action in ` ::
<br /> ``i ascordance cr�'i F.nvironmental Law. �•' . °�
<br /> �: ;'�, D. Tiustor has �o kuowledge of or reasoa to believe there is any pending or threatened investigation. claim. or � . ,.:;.
<br /> �"` procceding of aay kind relaring io(1)aay Ha7ardous Substance located on,under or about the Property;or(2)aay � .;.;r,•,
<br /> '; violation by Tn:sior ar au.�u�ant of any Environmental Law.Tnu�-will immediately nodfy Beneficiary in writing .. •'`:,,;�•
<br /> ': as soon as T�r has r�san to helieve there is aay such pendiag�r��reatened investigatioa,claim,or proceeding. ( ,
<br /> . .,.f;.• ln such an ece.:t,Beneficizsy has the right,but not the obligadon,oy lrsticipate in any such proceeding including the , . '
<br /> ��� . •;��,t,f" rig6t to re�eive copies of aa�.-documents relating to such procead.��. �
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<br /> �.�= :�;•.�,;;', E. Tmswr and every tenant�ac�been,ate and shall remain.in fiill.compliance with 2ay applicable Environmental Law. f :'�:�.::�:
<br /> � F. 'Yhere are no uaderground storage taaks,private du�n r,r open we11s located on or uader the Property and no such ���`�"
<br /> � tank,dump or well will be added unless Beneficiary Fr�x,.sests ia�+rIting.
<br /> ''1" G. Tnutor will regularly inspect the Property,monitor ttze acniv.u.es�d operatioas on the Property.and wnfirm tbat . �
<br /> �"� ` ' all permits.licenses or approvais required by anY aPPlicable Euvi:�*�M+tal Laa are obtained and complied with.
<br /> �' �'•'. H. Truscor wil1 permit, or canse any tenant to pemtit. Benefcci�,rg ar Benefciar�'s agent to enter aad iaspett the ,
<br />`'��;! � �',::`',, FroPerty and review all rewsds at any reasonable tim�w deter�s�ce(1)the exi..�Pnce. locatian and nature of any �
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<br /> .'��.S ' ,:,�,.;,;,;' Ha7ardous Substaace on. usder or about the Property: (2)�ite eFisr�'ce. 1oc�a,:�, namm. and magnitude of any . .
<br /> .'�:, � Hazardous�iv:camce that has been released on.under or atsast d�e Pm�eny;or(3)whether or not Trustor and any �
<br /> ``�:�: tenaat are ia_u�mpliance with applicable Environmental Law. .
<br /> '•'"': I. Upoa Beae�iciary's request aad at any tince. Trustar agrees. at Trustor's expense. to engage a qualified ��
<br /> '•;'; enviromnental engineer to pnyare an environmental audit of the Property and to submit the results of such sudit w
<br /> Beaeficlary. '1�e choice of the environmental engi� who will perfotm suc� audit is subjec;t to Beneficiary's �
<br /> approval. �
<br /> . ). Beneficiary hav the right, but not the abligatian. to perform any of Tmstor's obligations under this soctioa at
<br />_ Tcustor's eapense.
<br /> � K. As a consequence of any breach of any tepresentation. warranty or protnise made in this section. (1)Trustor will •
<br /> _.;.� indemnify and ho2d Beneficiary and Beneficiary's saccessors or assigis hatmless from and against aU losses,claims.
<br /> demands, Nabilities,damages,cleaaup. respoase and remediation costs, penalties and expenses. iacluding without
<br /> = limitation all costs of litig�tion and attomeys' fees,which Beneficiary and Beneficiary's suocessors or assigns may
<br /> ':r sustain; and(2) at Beneficiary's discretion. 6enefsciary may release this Deed of Trust and in retum Tnutor will
<br /> provide Beaeficiary with collateral of at lean equal value to the Propmy sen�red by this Deed of Tntst without
<br /> .' , prejudice to any of Beneficiary's rigbts under this Dced of Tnist. •
<br /> '..::1.. � ryign d al 6 . .
<br /> • • , 01933 6Wen Systema.�rc.St C'ouO.�.�Y�1 806397�234��Form nGtO�T NE 9��396 � .
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