�f
<br /> 1
<br /> , .. , .,,:.�.
<br /> � . ' . . .
<br /> I :
<br /> �� 9'�- �1C14�9A ,
<br /> 14. DEFAULT.T�wiq� obli8ated oa th°Secu►af De�fi►ile ta m�lce p�yme+�t wh�a dw.'i'twto� �
<br /> will be u d�fault i � terrr of thle Security lnst�umoot or�ny �wh�or dcxumeat exocutal fix tM .
<br /> d��Sicw+od Dd�t. A f�ith l+elief by Bc�nefici�ry th�►t Bwwfici�ury �t w�
<br /> pupo�e of r�tin�.•e����y��,.�y�ii�u��,�Secuned Det+t or lhat Ihd pnw;�ect of rnY WY�o or
<br /> tie�u inMarr�c w�t6 c+a�ci ��ll da oaa�titute ro ovoat of defnult. �
<br /> � �6e wlue of the PropertY �
<br /> ! IS. RLM�L�S O�I Y�FA�'I.'�'. Iru co�ta ia:tac::,�, k�!^�1i�ume��bedula furfor�oclr�uroy�ctii���V S�'�•�u rU�
<br /> i eotke of the ri�+t �o cure or Mb�x notloa wd au�y 1
<br /> Gmitatioa� if�op� Aaoeficiary mry �xclente tue Securod Debt �nd f�reclae thi� Security Irutruma�►t m � a�nnor
<br /> i povtded by l�w if Tnutor i�in dofr►ult. �i
<br /> ' At dre option of Aene dl or ewy Qatt of tue real faa�nd chu�a. �a:ruad into►�st wd pri�ci�l Mhall became
<br /> es,�
<br /> i �Y � ��, � ivu� notice iF roqutred by law, upon tl�e occurcence uf � defiult or u�yt t��
<br /> tleaealtsr. In dditia�+��meC�ciary�lw�l be ootitled to dl the remedia pmvided by I�w, the ttlmu af tbe Sacurod De1�t�
<br /> 1 ���y�qy�t�nd any related docuroent�.inaludin�withaut limitation,tho Ewwer to eell the PrapeAY•
<br /> � If tlaro it a defiwlt�Tcu+�we�11�in iuldltioo to�ny othet�e�itted c+�edy�u W�e uat oi Wu Beaeficf�ry��dvatiM ,
<br /> �1e �te 1��t 1o.uc�ion a�he hi�haR b�tar c+u�h and ooavey abMOlua
<br /> ad oad4 th�Prage�ty�e a wiwb or in P� P� T�uuee�hsll ive
<br /> dde iftio and c{eRr of i+1D ri�6t,title�d fntaceM a�t Trwtor�t suc6 t�a�e wd pl�ce iu Tnutes de�ijtwte+. � �,srr.i��y:r�
<br /> Inotioe of etle i�lu�an�tbe tlme.tenw and pl�co of wle�nd�deecdption of the pro�tY W be ald� roquired by the .
<br /> � �pplic�bSe IRw ia ef�frct at the time of the propo�ed c�le. �:. _::;.�
<br /> Upou n�le of tLe p�+n p a t Y u►d to tbe extnn�aot prohibitod by la�v Tn,rt�e�h.tl mr�o aad delivw�deed w�Pro yerta . �_._:_
<br /> , � w l d which oonvey� �b�o Eute t i i le t o 1 6 e p u rc,h�e r� �a d �R e r �i n t p►Y i n� a l fea� p �.. �
<br /> dl mooeys�dv�nced for re{+�in. Wcea� inatu�ce� lieoe. �e�essmenb �nd p�n�' ro�encu m bnu�cea a a d i n t e r e e t `. �,.. "�
<br /> i �,���� �e princ;aal aad iatereat oa the Secured Debt� PaYin� tt�e surplus� if�uy� W Trustot. Beqeseiary taay
<br /> g � � ��.--
<br /> �.,�e t�s property "fbe rxit�l�in�ny deed of convay�ace�ll be priau f�cio evldence of ehe fict��t f�Rh ther+ela. + � •4.��
<br /> � ve�od not eaciwive,�ad t6e Beneficiary i�eatltlal to dl remeclieo pmvided�t I�w or �� ����'�_-
<br /> � All a+�m�die�aro di�titxt. cumul�ti b Beoeficiary of wy w�a ia p+�ymeae or�rual p►yaneat an tbe ;_'
<br /> equity�wiMtber ot�ot�per�lY�et�wth.T1a�ccept�uce Y ~
<br /> S�cn�ad Debt atter tLe bvaoce i� due or i��ccelented or �fter forocfnsuro pcuceedin�� �ro flla! �A�11 aot oo�ita�e,� �,�
<br /> � w�iver of Ba�efici�ry'�ds6t w reqain coroplete curo of any exiqin�dofault.By aot exerci�iay wy remedy
<br /> ., dehult�gp�eticiuy doer ewt w�ive Beoeficluy'�ri�ht w Iatec ca�slder the eveat R default if il coatinua or h�►r�8a1n. � .
<br /> � Ii. EXi'F.NS[Si Am�'ANCFS ON COVENMITS; AITORNEYS' FE TS�O��I�y�ve��iut L�thii�Seourity
<br /> _ eeobibitd 1q!►law. Ttuttot�Yn�a top�Y al,of Beneficiuy'�e�tpen�a . . fr.rv for inauin�.in�Dectiul� P�ri'UU°� ---- _
<br /> toU�ept. Trurtor vv�ll�I�o pay oo deaWw.uy.�i�•-,;,srr.�b B�_._L. - -- •.
<br /> otM�rwaM proleoti�tM Propa�Y�ud Beneficisry'��ecurity iatere�.'��e�e eapeara will be�rintecest ft+om tlw o�ta ot d� —.,, �• ;;�!.
<br /> ud p �r:�,�.�., ;;
<br /> py�uew r�a��u.c�e w��b���,��Uoctu��enf�tcin�p►ntectla���°fi°obi`'�ry��ba� �,��f,;..
<br /> iop. .0 oat. �aa expea.e. ' y� ..:,-���: :
<br /> �uadK thls Security In�t�umeat. 'I1�i��mount may iaclude�but le not liauted to��ttomey�' fue�.court c�oft��� �,.._
<br /> olY� �1 e+�p�M. 7bii Security Luuumene �ball rom�in in effect unNl releued, Trwtor a�ree� W p�y ,�� 1<; �ti;,
<br /> �+eooKd�o�oo�ot Nch rAa�e. ,
<br /> 17. Bl�►Ia0NM1r.N7'AL LAWS AND HAZARDOUS SUBSTANC1rS. Ar w�! in tbis �ectioa� �1� Eavlroameatxl l.�w ` j,
<br /> �d� �� �p�ion� the Compnbeasive&tvirona�ont�l Reqwn�e� Compen�ti�n uxl Li�bi ity Act(GBRCLA. 42
<br /> � U.S.C. 9601 et�eq.)�aad dl dbx fedecv� state aad local Isw�. ro�ulxtioa�� ordia�nce�. aou�t asaen� �toomer t�� .
<br /> oir W�ep��w I�eten 0000wnini the Pub�lo haith.atety.�wlfire�eavlra�meot or�hwrdnw w�t�na��nd(2) i . .
<br /> �� �►�b�l�a mw�o� �ay wxic� ndiwctlw or har�rdo�+� o��� �� po lluwit or oo�aaimwt w�ior 1Mr �:t��!'�.
<br /> � cwr�Mei�ha v�ich reoder We eubMance d!nt�row a P���Y �M�� to ebe puNia lu�1W�"o b�i�bMtii i a�" r s"
<br /> i�o
<br /> er►it�ame�t.T6s Mrm iecludes�without liautatlon� �n�y wb�hnc�det'ined w "l�ardow m�terl�l. "• ,:.' .. �
<br /> •y�w�p•a•h�rardow wb�raoe'uAde�wy AnvlroomenW Law. ��
<br /> ���;
<br /> 'fywMx np��aN�wnnnt��nd yna tb�t: �_�, —.--
<br /> ,,.� /�,g�t�pwvioudy dl�olo�ed�nd�ckaowled�ed���tte�ic�tioa�doa�c n�ot��p�ply W�1 qua�.�H�is�cdotN —.,.-�-�°.
<br /> ::„� tocwd� Ma�d or nlMrsd on or in t6�Property �".,.°' '
<br /> SuI�M�eoM tlrt�n�a�et�olly a b� nw for t!M notaMl us��ad p�intenWU�ot t1�1'ropaRy. ��»
<br /> ' T.Hx�pt*s proviou�1y dhcla�ed��acicnawled�w�idn to Beneficfuy�'iYu�tor�nd evay teo�ot fu►ve beba� uY� �-,�'i:�,,_
<br /> .� �d�il.ram�ia ia fuU compl�e with�ny�pp�icsble Bav�ul Lnw. � ��.
<br /> n �:�
<br /> C.Tiw`ar ab�li imn�ediatelY a�fy Beoefic�y�t a releae or tlu+ataad rolaue of+�Httuclow Subq�oa oocut�oa� �°_�,:�, -
<br /> �or�bope the Pcopec�ty or ti�en is a vio1�Noa of u►y Eavira�a�eetal I.�w ooaoxaiai th�P�p�tY• Ia wcb a ,;_.;jz -_
<br /> . wwrt,'f�u�tor�11 hlce�!!aeceawY romedi�!�;tioa ia�ccord�nce w�tb�ny Bavimnmeat�l I.�w. :,yr!��.�-�.
<br /> 'D.Tn��1ar�U iatmrdi�t�1 notlfy B�oeficiuy ia wrttin �won u Trwwr 4w�+e�aa W belfeve tbixa u w p�odfn� :�:�;_:i'��'���af�
<br /> or tbre�tand inverti�oo� cl�im. or Pcoceedi�i �atlnQ to th� rolaus or Nu+ata�ed celew of iwy f�aranbu� :.�.•,y�y
<br /> Sui�t+�soe or tbe vloiatlon of�ny Bnvitonmental Lw. . . . �
<br /> li. C011'DEMNATION.Tnwtor will�ive BaieficiuY ixomp�aotke of�ny.peadio�or shresteaed�ctian�by priv�ie or_public � . . ,
<br /> h
<br /> entjdM b�utc6ae ur Wce�ny or�II uf ti�a PmFertY thm►��h�ond°°uu't�on�eauneat donuia�or aay ott�er me�n�.Tnutor „
<br /> ;::.:.;,::�.�.Tesef�c b iotava:e�T:..:,,..;��",�---••"•:—" •-"Y��tt�w�hnvs de�cribed actiwu or olnims. Tnutc�r�i�w ,-=-
<br /> ge�icia�r tbe pco�ceede of�y�wud or clRim for dacw�a cawected with a coadeuanauoa or otiier ai�iA�o%wi,vr.uy ` ,
<br /> of d�e Sucb prooeedi shall be conaidered MYment� u�d wiU be �pplied ae provldad in this Securiry k .
<br /> . �.��gnmen�of prooee�i��t►�ject to the krar of�ny pdor mort���e��leed of tnu�t.eocwity��roemeot nr
<br />- • otLet liw doaw�nnt. .. .
<br /> ' . ' S9 1Ni.S[1RANCL.'I4u�tor alull keep PropertY inaro�l��tua by fin. flood�tbeft�ad ather hwrda wd ri�u reaotutb�y
<br /> wooLted with the Property �ue W its type�ad location. 'Tht�Inwn+�ce �lull be autataiaed in ehe amouatr�nd for the ,
<br /> � ��t Baaefioi�ryroq u�ira. 'The Luwnaco c,�rrier providin�` the inatafooe �1ull ba cbo�eo by 'fnutor �ul�oot to
<br />_- • $emeficiary'i��provaV ��ll.,�:�l��covar�e w �P��Beoeficluy��nQ!►� t�he ProrAy sc�cbrdl�
<br /> ' ' the tecrw�oi fh�i Security�nstromeni. � � �
<br /> ' �e�taolicia wd r�nawsl��hall be�le to Seaefici�ry�nd �h�ll include s�cd 'u�orty�e clt�ws' �nd.
<br /> ica6le, 'loMp�yee cl�uie.' Trwowr all immaliuely aotify Berieficitry of cancelluion or temtin�tfon of the �.
<br /> - +nar�na, gaoefici�ry �all have the ritht w hold tho polic�o� wd renawal�. If Beaeficiary requira. Trurtor �ll �
<br /> imn�iedi�irte eoti�w�d�iuu�rmco c�arrier�ad�Ba►eficisry Ba ef ciary ccxy mvice p oo°f �if not mada i�mmedi�t ly by i
<br /> - T�u�wr.
<br /> rv.a.s or s�
<br />— � O�rMer�.n�v.��.��•..�1.CIw1.MM (t•W0�2�7•Zi�11 i«m11E-01•N! �oa�n� ��"'y':.KS�' , .
<br /> I �
<br /> i
<br /> , �
<br /> � . .. .__.. . . ..._. _ _. __ ... .._ . _. ... __ � __ .. _ ...... _. ._ .__ _. . . ._ .
<br />
|