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<br /> ' ',:��t� exeatted for she pt�rpose of aeating,secvsing or�untantying the Seciued Deb�A good Eaith beTief by Lender Wat _
<br /> Lender at auy time is iesecure arith re��eCt to any petsoo or entity obli�ted on the Secured Debt or tbat the prosped �
<br /> � ,�'� ` ��f ;.� of any payment or the value of the Pmperty is impaired shall aLso wnstitute an event of defaWt. �.
<br /> , ,.� � -'.� !S. R4MEDIFS OP}DEFAULT.In some instances.fedeeal and stnte taw w�l reqt�ire Lsrtder w pmvide Gtantor with �
<br /> � :, �•~ notice of ttle rip,�t Oa cure or otber notises and may establish time schedules for forectosure actions.Snbject to these _
<br /> - :�.'�.'::-;. limitatiot�s,If aay.Leader way aoceterate the Secared Debt and forectose this Security tastruiuent in a�anaer =
<br /> ' ` . ,: provided by l�w�f Grantor is in default -
<br /> "��} ` '`�x At the option of Lender,aU or any part of the agreed fees aad charges.accrued interest aad princ9pal s6aU beoame ._
<br /> -----_��- immed�atety_.due and paya6le,after giving notioe�required by law,upoa the o�rrence of a default or anytime
<br /> �a� ��.. ; =
<br /> thereafter.Ia addition.L.ender shali ba cntiQed to all ihe remedies provided by taw.the terms of the Secured Debt, �
<br /> � `....�'�"� this gecurilp.Instr+unent and any selated'doatmeats,induding wiWout limitation,the power to sell tbe Property. _
<br /> . °��^ ' If thete is a defauit,Tnistee sttall,in addition to any oWer perniiued r�emedy,at ihe request of We I.ender.advertise -
<br /> �. . � --'° and seil tlte Properiy as a w3�ole ar in separate par+ue►s at pnbt�c at�ctioa to the 4ighest bidder for rasH and coavey ='
<br /> ' ``- �� absolute title free aad dear of all right,title aad,iMerest of Grautor at such time and ptace as Trustee designates. �
<br /> Tntstee sfiaU give notice of sale inctading the trme,t�nqs and plaqe of sale and a descriptioa ctf the pmpetty.m be satd_� a
<br /> � �^�, as required by the apptica6le!aw ia e�ect at the time of the propased sate. � . .: .,::;. . , -
<br /> ... ���...� F
<br /> . Upon saie of the property aad to the extent aoi pmivbited by law�Trustee shaU malce and deliver a tieed to the;#':ti►p�.i:y ...__�: _
<br /> ,r ��, sold wluch conveys ubsotute titte to the purchaser,aad after 6ist payIng all fces,cLarges and oosts,shalt pagto;;,y r
<br /> .. moneys advanoed for repaus.taxes.insurance,lieas,assessmeats and pnior eacumbrauoes an d intemst t h erean,��� �� {�_'
<br /> ' . � `: principal and interest on ttce Secured bebt,paying the surplus.if any,to Grantor.I.ender may ptirc}i�,�:.t1ic:;1Pi`opezty.� ' ;;-
<br /> �'�, The recitals ia any deed of conveyanoe shall he prima facie evRdeace af We facts set fonh therem:�. -,� ,� . ; __
<br /> - Ail remedies axe clistinct.cumulative and aot exclnsive.�nd�Lender is entitled to at!n��ies provided ai taqt:qr_'..�., __-
<br /> •:. :��> . �� --
<br /> .' ., :., ,. , equity,whether or not expressty set fortb.'If�e at�eptance by Lender of any sum in payment or partial pAY�nt oa tlte;-,:.�, ;;-
<br /> �:_�;_:>.�,:.:`;_��_�t' Sectued Debt after the balaace is due or is aooel�rated or after,foreclosure proceedings are fiied sh�tl:nip��onstitute a . -
<br /> ._ :' =f-. waiver of Lende�'s right to require comptete caiie af ariy existiag default Bg nox exer�cisiag any r�ei'ttfedjr:oi�Grantor's � -
<br /> .. defaWt,Lender does not waive Leader's tig6t w later consider tbe event a defanit�it arntinues or ha�eag�again. _
<br />,� �..,��:'�:';��,. 16► ERPEN3ES;ADVANCES aN CUVEIVAN'FS;ATI'OI31�115'FEES;COLLECTION COST3:Faccepi wd��`,
<br /> f.-:.;;;`...� ` .:.�r:� prolu'bited by law,Grantor agrees to pay all of Lender's expeases if Graawr breaches any cavenant in ihis Seceiii�y::.;
<br /> -�-.-;.:�.,:�-;;;,;., . .. lnstrumen�GranWr wi11 atso pay on demaad any arnount incorned by Lender for insnriv&�nsPecpng,preseTVing or•:-:'
<br /> ., f,�-: othenvise�roiecdag dte Praperty.aad Lender's security inurest.'[ttese sxpenses wiD trear interest�.tt;e d�te o�
<br /> ;s.�,',>;t.� thc a nt uat�paid in fuU at the liighest interest rate in etfeci as provtded ia the teims of the , :' D,e¢�
<br /> �,4 P Y�. y S� g P ��� `�!fi`s,.:
<br /> ' ` i;d�r1 ,;�, :: iirantor z�g�s.tb pay aIt costs and expenses incurred b L'ender in colie�tin enforcin or ro 4. s;.
<br /> aad re�juader thss Seeurity Iastrumen�T6is amotmt ta�y�ipciude,but is not Nmited to,atw�4� �+)otttt�.;.
<br /> { ',�`!�`,' y'f tq �.. .
<br /> � , �,>,r�, ,� costs.a�!e1�es legal espenses.'Fhis Secmity Insmiment sl�all re;paiv in effect ant�.released.tirar►�t�a�ta��,,:: .
<br /> �` r for any remrdatioa costs of such retease. �
<br /> ��f�tr�'�,s <<. � � .,: •� :.� � •.;
<br /> . ....o •R,�����os�nt re a�m�r�wr A n henii in�kic cor�►ints 11�F r�rtPnta{I aw _
<br />,�'•;;��`�f�' •;".;-�:;� . . �T. C11VVllia�ivmc�lAl.�rHn.seat.�.ss..sr�s..a-....,..,...,....-...'r..�v...o.wov........�.��-,i-.--��"^.___.. _.
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<br /> _�.._��. .: means,.�vrthotrt timitatio�u.the Comprehensive Environmental Response,CompensatiQn attd Iaab�7ity Act(CERCLA, .
<br /> ` �;`.::`. ,, � 42 U,S,�;?9b01 et s Y
<br /> . eq.},a�d all other_federal,state�and Iocal taws,regulauons;ordinan�,co�ui ordecs„attome
<br /> ;��.';:� ' generat`�inions or interpretive.lettets cont�rning the public heslth.safety,welfare,environment or a hazardous
<br /> � substance;and(2)�azardous Substance means any toxic,radioactive.or hazardous material,waste,pollutant as
<br /> _-. __•.«._���,� eontaminant whicb has characteristics wbic6 render ihe substance dangemus or potentially dangerous to the publia
<br /> � : �,a health,safery,weifare or enviranment The term iacludes.arithout limitation,any snbstances defined as"hazardoas
<br /> � L � materia�;^,:`toxic sutsstances,"°ha7ardous waste"or"hazardous substassce°under any Envitonmental Law. -
<br /> �� '.` ,��"''�� Grantai:.i�piesents.warrants and agrees thax � .
<br /> �•.;: :
<br /> ::;s:;�.;,, _.., �' .-s�}� A: �F,�oept as previousIy disclosed and acknowledged in w�iting to Lender.nfl Haxardous Substance is or an71 be
<br /> .,,��:,.._ .;: :�'� located;storecQ�or released on os in tiae�operty.This restriction�does not agply to.¢tiiati�,qvantities of
<br /> 7n��r, .. ;; . Hazardaus S�ances that are generally�r�ogmzec!to 6e appropriate for the nomia�use�, "d��ainteuance of
<br /> . .:.�;r-� � � - �'��''.
<br /> .., ��t,� .4f���roperty. �•>
<br /> �;;:'�� : :::°•;;�' g; `E:icept as previously disclosed aad acknawiedged in wr�nrig to I.ender.Grantor an�'�tsry tenant have been,are,
<br /> L -- ,``: y� asid shall remain in full oomgliance with any apptica6le Environmental Law. �
<br />- ;;o;jt�;:;,, .�':`;��,� C. GTailtOi Sha111mtaediately notify I.endei if a retease oi ihieaifited ickaSC Of a Hgzas+dWfs SUbstaac8 O�lzs OB.
<br /> � "' � �` nnder ar about the Property or there is�violation of an�Envitonmental Law coaceming the Property.In such
<br /> _ "^ ��,. i',,� � an event,Grantor shall take all aecxssary rem�dial aaion in accordanre with aay Euvironmeratal Law.
<br /> .::�L;r�'r..,�i: •-.�;�! , � . . . .
<br /> ..;%��`;�:.`'. ^s , � D,,L��entar shaU immediately notify Lender�in wtiting:as soon as Grantor has reason to believe therc is any
<br /> ��"•b+i�: ` �'-'��f� �: ��ng or tiireatened investigation,claim,or proocec�ag retating to the release or threatened retease of any
<br /> .��z�r¢:.�' �.�, "�''�:� arardous Substance or the violation of aay Environinei�tal l.aw. . ; �
<br /> ,���`�;�, ..:� �'% ; � £� CON�'IEMNATIOPI.Grantor will give�I:ender prompt notice of any pending or threa4ened at�tfott,by private os
<br /> - •j•�° ,. � publie:g?�tides to purchase or iake any or aU of ahe Ptoperty ttarougb oondcmnaHon�et�nent d0'tqQih;or any other
<br /> ����' " + � :• mew�:�ramor authorizes Lender to intErvene in Grantor s�nme in any of the above•described'aE�ioas or clefr�CS.
<br /> ' . ��, . Gra�r�:us��s ta Lender the procea�.s o�any award or ctai�t i�r damages conneetcd a�ith a Condemnallon or.�tG�?�' .
<br /> :``;, �j;�; : , � takt�gai�a�;or any part of the Yrope�.Such proceeds shall.lr�c�qsidered paYments.��td tv�1 t�applied as pmr+itSc�S4�n; :
<br /> }, � � ' , , this Sec�u�fty Instrumen�This ass�gnment ot proceeds is subject to the temis of'6py.;p�io}�;1RtOTt�B$c�,deed of�u-�a,
<br /> .',.: . ,, ,i(��e securityagreementor�tcl'�erliendocument. � ' ::: �,. �� .
<br /> +� ` , �19, 1NSURANCB.(3rgnt�r shal!keep Praperty i�scared against loss by fire.flooil,l�eft a�ld.ot6er�ha�rds aad risIi�
<br /> :L�l,��,;. .
<br /> = _ _-�.;,�;' `, reasonably assoclated a�i.B the Prs�rty due to its type And loc�tian.'i�is.nsurantc'stu�ll�i�,v maintained in the aasoimss.'
<br /> .�.�?�_.. �'��.��, i end for the periads Wat Lender requires.71ie insurauce can�ter providing thc insuranr,e�shaU be c6asen by Graator
<br /> � �.. ; subject to Lender's approval,which shall not be unreasonabty withheld.If(�rantor fa�"Ls to maintain the wverage
<br /> -;;;,;,�� �� desctibed a6ove,Leader may,at Lender's apt"son,obtain coverage to pratect I:eader's rights In the Property actording
<br /> - : ' ,.;�'��,:, to t6e terms of tbis Stcnrlty Instrument.
<br /> � ��',+�:��� :%'� l�ll iasaranae polictes aad renewals shall be aoceptable to Lender and shaU inctude a standard"mortgage ciause"and,
<br /> _- • ':'<}�;y;�% wttere epplicable."�oss payee clause."Graator shall immediately notify Lender of cancellation or temilnation of the
<br /> ''� ` insurance.l.ender shaU have the ttght to hold the pollcies aud renewals.If Lertderrequires.t3rantos shall immediatety
<br />_;:�::. �
<br /> _:�,'c:. :. � � give to Lender all receipts of paid premiums aad renecval notioes.Upon loss.Grantor shall give immediate notice to
<br /> the insu�ance carrier and Leader.Lender may make praof af loss if aot made immediate[y by Eirantor.
<br /> :: . (p8t�e3of 4)
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