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<br /> ' . - 14.DE�FAIJLT.Trnstor wiU be in default if suy puty obligated on the Sec.v:ed Debt fails to make payment when due.Tnuwr <,;.;;
<br /> `�� a�716e In defauIt if a bteach ocaus under th�t�ms of tLis Sec�uity�nstcument or�y ather d�esecuted for ttte ;,;.,,,,:.,
<br /> 4� se of�da�, sewrfag oI gaaa"entY3aS�he Seaued Debt.A�aod faith be1�ef bp 8�eficiaz9 t6at B�Hciary at any `T :": :
<br /> ' `� me�ia ins�u�e Iw th nspect to a�►�son or eatIry obiigated on e Secure�Dabt.ar that the pmspect of anY PaY�eat or
<br /> the vas¢e of tl�ePcogeny is imp sha11 aLso oonsuaue aa eveat of def�ils.
<br /> " �. ,�' ' �' i�.BEtYII:DIF�ON DF•I+AULg tn sott�iastaaam,fedetal and statc la�r w�t requiie�r to Dmvtde Tras�or wlth .
<br /> I
<br /> . ... , ; notice of the ag�t to aue or other m�tioea aad may establish time sci�dules for foieclosure acdons. Subf'�cc to these �
<br /> �� . limimdons� ifaz►y Beaeficlary may accelerate the Secvzed Debt and foreclose ilris Security Insuua�ent in a manner _
<br /> :�"`°�_ provIded by�aw if�I'�tor is ia de�ault. _
<br /> . . At the optIon of Bam�,ali or any�art of the fees and charSes.acxiuefl intaest�1 prin�shall beoome ,
<br /> � � �atetq dne aad p le, a8er g�"mS nodce�te�uired by law, upoa the ocaurenoe of a d t or an �i`.+:;
<br /> yu� �,a.�
<br /> . _ . t�after.In additian,B�eficiarY ssl�all6e entitted w all the iemedies pmvided by taw,the terms of the Secta+ed Demt, �i•..1:
<br /> �1 ' :�:,:_
<br /> iL3s S�Ity IasCn�t and any te2ated docammeats.including withont limitation,the power to seli the Propeitq. �;f:,:_�
<br /> - at th� of tfle BencBciaiY.ad�'ert�se {t �f:�
<br /> ; If tLece is a default,Tru..�Eee sball.in additIoa toaay other pemuued r�y, .
<br /> �;�� , : . lic auction w the lu bi der for cash aadT�n��� •�-
<br /> '� sad seU the FmpectY as a whot�or ia sepazate pazce�s at pub 8�
<br /> _ •�-;: titte fra anfl ciear of all ri�ht.titte fad u�tt�cest of TmStor ai sach taone and plaoe as Tmsta�dfsi8nates• �.._°_
<br /> natice of sate inrdudiag the t�.teams�d p l u e o f s a l e�d a d e s c r i p S fl n o f t�►e p m p e�t}t t a be sold as r e q u i t e d by'�
<br /> ` :' applisab2e law in effect at the time of ttce pmgosed sale
<br /> ,,:r; ...__-
<br /> .. - U n sale of the prapeatY and tn the eate�t twt jnm1u'bited bp lpaswQ}�T.r�asKee�^�.a�ake and deTver�d�ed io the PmpesMtY _j
<br /> . �
<br /> �;::F.�ij:• � ft)1f1YfAC� � �W li�J� p����li �s � �� � pay W
<br /> �,.: . .if�f= so whicD coaveqs absotate title to the ,.r�,�� ��and prtar ear�tmbianr�s aad�t y�'':`_
<br /> _ geneficiary all muneys advanced fm r�aits, a t
<br /> " therean, and ttte pr�a1 and interest on tLe Sec�ed Debt,Paping the s�plus��o������ a�
<br /> Fu�hase the pmp�ty.��ns�itala ia aay deed of comeyaace sDall be pmna facle ��f�,-
<br /> `� . Al2�aie distle�,�Ve aad not excIusive.aad the Benefi�r ts mtitle@ w alI re�edi4&_�i�ed at law or T
<br /> � �� eciuiry,wbether or smsc�gsesslY s�firth.The accept�se bY B�eSda�►o�.�Y sum m pa9ment oT pamaII�i an the
<br /> �`� e u �•
<br /> ` Secaned Debt aftes�te balance is:�e or is sooeleiated or afier forecl�sure.pmce�gs are fiteQ sha41:atat conatimte a �S:;_.
<br /> sure s a
<br /> _. � � ' ..:'~;,.,�, waieer aY BeneScia�7+'s n�ht to��aom�I�e caue of aay ex�ing defaulL By not ex�c�s�ng anY r�medY an��8 -
<br /> . - default,BeaeSciar9 daes not waice etefu�lair7►�s dght w Iater wnsidet the�vent a default if it continnes or happens agam. ' ,T
<br /> �.°" u_..` `'!"� COLI.LCZTON Ct�l�. Bxcept wheQ �"
<br /> �'�t�`.° � :-: 16. Effi�TSL�S; ADVANCES ON COVENANFSi ATIORNEYS' RE�S; �`
<br /> • ".:�,.`-',`� . proDibi.ted�y law. 'ln�star stgtees w paYy all�of B�efciar�►'s exp�ses if TrusWr bseac�es any coveuaus in this Setauiry �,;�
<br /> - -: _ Tasuumeut.�'rustnr will also paY.oa d�anand aay amaunt mcurred hy�B�ci�y for�g,in�,g�s �;_
<br /> by �v�»g
<br /> • `• .'":'' oth�eri�Pmte�►$the Prapetty a1r�Beae&ciary's seauity interest.'�ese ea��nses w�l bear intecest ftn�s t�.date n�'tL^
<br /> . ;'�., � . �nu�,t�ate ia effect aspm vlded in the t�ms of.��kcaied D�.°TYnstas��es
<br /> �_-... ,• paym�a�paid m fiill at ihe.�i�st or Beue�it�►'s.r�gpt�.�ar►d
<br /> �: � � w all �osts aad eapenses �d�y Bemefdary m coffe�tiag, enforc�g P��S —__
<br /> `-,°,�� ,: > �iea under this Sec,�rity 1»8o�t.'i�sis amoant maY incfide.b�is nas Bs�t�to.attoraeys'fe�s;o�.a�u oasts:�d
<br /> �.`;
<br /> � � otherI�1 exp�ses. This Sec�it�► Ins�aaeut sh3ll remain in effeet u� �leased. Tlusw: ag�ree�i�n PaS►-for au9 !�'"l�"'
<br /> . �F� '�%� iecasdatTon aosts of snrL release. . --
<br /> _: � t, .-; . _
<br /> a�?_ 17.EDN[QUNNIEN'�AL bAW�&�����eAs us��n�L�''�abi�tli�ty Ad(CBRC'I:A+a 42
<br /> � . n�rans,�itEout limitanon, �,.
<br /> . � �'° U.S.G 9601 �seq.,and ail other fedaal, state aud local lews.regWat�ons.orAinances=canrt orde�s. �uamsY geneeal ��_
<br /> ,::. inians os ted�ers conceming the pablic heslth.safetY.welf�xe,eIIVironnsent a ha�acdo�as�subates�x;�(2) E,,,�.,�
<br /> .'�.�: �ous Substaace�eans�II t�C. radioactive or hazardons mate�ial, waste, go llun3nt or�'w�or �`"`
<br /> . � ,,.`,'�;�: cd�a:ac�cs whish render th�e�stance daagecons or potentially dauIIe�aus m the publlc healthl�sa�►;- � ---
<br /> =�����i � as'hazerdoas material.° °W�dc substaaces.
<br /> � ::";;�,�3����'" �a.7$e term�a�s:�hout limita�on,an substanses def'iaed
<br /> �
<br /> ,•�:rr;�i'Yfi y �4�$�P.��T�'��.�$'��.�������• --
<br /> �•.1.:� �.•J1 =__
<br /> � a�sr_�.
<br /> .. • .. . �qy�pr�P��g�•W�3 ffiA agi�C3 that. , 310 H87aIiT0US Sub9tAECe i8 0!RTjU UC � _=—
<br /> ��`�: �.•,, � A.Exaept as pte��Iq�sdcr,ed a�acl�arwted$ed�in wtitiug to Be�s�aay:: ---�--
<br /> :��,E tocated.sto:+�d o�releasea sta or I�the Pcoperty. 'iLis nsMcxion da�nots�p1y w small qu�tities of Haz�dnns ---
<br /> � •�{e,,' Slibstances tbat aie gen�p. �,ed w be ap ropriale�or tne n9mral ase and matntea�oe oY�e PmpErty. . �.:_
<br /> � ��:'��:; H. t as pieviansly��a�d acScaawiedg�ia wrI w B�eficiary,Tn�sWr anA every tenaQrt have be�a;'�
<br /> t� �sto
<br /> • '•�� • aad�s a11 rama}n in iiill oonf�tl�ce with mrya�pliea62e F��1v m�ental Law.
<br /> :r� : C.Trastor shatt�od�atelY notifY Bene13c��y if a�release or t'h�ed:elea�e o!a Aazardaus Substaace oocbrs On, �_
<br /> imder or abayt iIIepr�erty or there is a vlolatioa of aay Bavironmentat Igw wnoemirtg the Pmpeity.�a suc�an .,
<br /> :, event,'I�usw������a�ion in a000rdanoe wlth any F�vlromueetal Law. °�__-
<br /> ',; --
<br /> �;"�,�`�, .:�i�.r,,�� �.� D.7kuswr sflait i�iate notitY B��arY in writ�ng a�s soon as Tiustor has reason w believe these isany peudia8
<br /> `, ,:;.���{�r��'���:'s� cc tbr�ed iuvesti�oa� claim, or prooeeding te�a�nS to the release or threatened retease of any Ha�¢�ous =___
<br /> . •�'•1.;�"S�;i�;'�:._ �Bstaaoeo�the vlolatI�a�any Envirnamental l.aw. �.
<br /> { n 4 •��,"�.I. � .
<br /> �N: � � �' 1 8. C O N ID�T A'1 g 6 T£�.'['r u s t o r a�g i v e B�e&c i a r y p m m p t n a t i ce o f a n y p e n d i ag o r t L r e s t e n�action,b y Drivate or y a b l�C � .
<br /> - �.. '.; '�• emit3es to�a�cQ take auy�r a ll of the Prope�ty tbmngb condemnation.e m i n e n t domain,oraay other means.l Y U S t oi �_=
<br /> lalms.Tiastor asstg�ns w
<br /> - ��•�;�.;�'�,f�,..��� anthotlzes�e n e fit��r9 tOOf�a n y��o T i c�la�m�s f dam g���v�.e�i�.ta�d w�'�tD�a�oonde�no or other taking of all or anY �;:,
<br /> ' ::+%`.'(��'�'r
<br /> '��+'';.." �,,ry`�,�g; azpt� of�.� P�ro�pe�yStiu�p��shaU�be coastdeced prj'�tcs�.and will be apptied as pmvided 9n Wis Secauity �-_•-.
<br /> __ : .R'��,o lasen�ens:lh�s-assigament oY�xi�ds Lv subject to the ter�a bY sutp�prior mongage,d�uf tiust.seauity agc�e�t or. -
<br />_ ?;:,;s' � othes Uen d�a�m�eat• .
<br /> v: . _ _
<br /> :+" ' 19. INSIJIIANCE.1Y�astot s2�211 goep FtoDetts'insw.�t$gainst tosq by fue,t2ood,theft and other har�rds�s3 rlsks teasoaabSy �,
<br /> . assflciated wit�the PtopertY dne ta•ita�type aad loc�ian.'Chis�las�uance sLa11 be maintaineA in the amouats and for tbe
<br /> that Beueflciary Tite insarance camer pro��the iasu�anoe shall be chasen by Ttusto:svbj�ct to
<br />_ • . � �. �1a�Y'e a�ue�yal, w�shaU not be unreasonably ariQ�eta. If 7�ustor fa�s to ma�nta9a the aaverage descrtbed
<br /> . � above.Benefld�may.at$Eneficiary's opdo�r.�obta�a caverage w prntect Beneticia�►'s rIghts in the Pcoperty a�oording
<br /> .. to the terms of Wis Secnrlty Instn�ent•
<br /> � � All insar��cceepol�cles ana re�eorels sball ba s�e�able to Beaeficiaiy►aad s6aU iactude a staadard°mortgege ciause"anA. .
<br /> . wb,ene appl3cable, 'lass payye��s clauae:•Tmstor s1�a11 i�ed.iate3y no�y Be¢efl�y of caneellaSon or termination of the
<br /> � iasuran�. Beneficla�y s�all�Wv��th� dght to hold the pol3cies and r�uewab. ]f BeaeBciatyr recp�s. 7'tusWr shall �
<br /> - �ve to BeneRdaYy► aU�te�eiDts of pa�id premiu�s and r�ewal a��s. Upon loss. Ttnstor shall give
<br /> '. . . i�m�ao�ce to the lasuranoe cauier and BeaeRc�a�y►•B�acfic+aty►maY ma�ce Proof of loss�f not made lmmediasely by �
<br /> � 'I'ruswr. ,.�
<br /> �. . fpage 3 o14J .
<br /> � • • At946 Bniters bl�s.�»�aa0.NW fl,800397•23411 Pa�n RE-OT�18 10127197
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