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<br /> °Procete�ls`)In ctinnecdan wlth condarnnatlon or o1hRr lakinp o}thn Pr�peny or pert Iher�nl,c►r far aonv�y�n�e In Ihu ol c4n�f�+n►u�1fa�•
<br /> I.ender ehall be ent!!ted et It�oF�tlon to commancs,eppear In and�roeecute In It�ovm ntme nny bcllon or procescting��rib ahaN��w
<br /> be entftlecf to makA eny compramlae or eettl�ment In connectkxi with auch t�klnp or damaye.In the event Any pnrtbn of tha Prc�peity�s
<br /> so taken cx damepecl,Lender shell have the optlon In Ite aole and ehsnlute dlecretlon, to epply all such proc�ede, etter deducik►0
<br /> theref�om nll costs and expAn�ea Incurrod by It In connectbn wtth euch Pmceada,apon nny Indebtedneea secured heroby end In euc#�
<br /> o►Mr as Lende�may determine,or to apply all euch Proceeds,aher such deductbns,ta ths reatoratbn ot lhe Property upon euch rarr
<br /> ditbna es Lendor may dotermine.Any epp�icallon of ProceAds tn indobtedness ehall not�xtond or{wstpone the due date of any pay-
<br /> mentg under tha Nota,or curo eny default thereunder a herounder.Any unapplied funde si�all t�paid ta Tructor. �
<br /> 6,p�rtorm�nce by 6�nd�r. Upon the occurrenco ot en Evant of Oefe�lt hereundAr,or It eny ect is teken or leigal pmceed�n9
<br /> cortimenced whlch meterially aTfects Lender'e Intere�l In thR Property,Lender may In Ita own discretlon,but wllhout obligatlon to do so,
<br /> ee�d without notice to or demand upon Trustor end wilhout releasinq Truetor irom any obligatimn,do any ect which Trustor haa agreed
<br /> �+t failed 4o da end may elao do any olher act it deems necessary to protxt the securi�+herept.Truator ehell, Immedfately upon =
<br /> demaod therefor by Len�der,pay to Lender all casts and expen�es incurred and sums expended b�Lender dn c�nner.tion with the exer-
<br /> c:so by Lernler ot the t�r�sefr�g rl5ihts,to�Ather with Intereet thereon at the defautt cate prov3ded in tha Nm2e,v�'J�ich ehall be added to
<br /> i3:e indebtednese secured horeby.Lender shall not incur any Ilability because oi anything it may do or omit t�do hereunder.
<br /> 9, Rflaardous UI#t�►isis.T�ustar shall kaep the Pn�perty in complianco with all applice�fe laws, aMinances end rogulatlons
<br /> relaUng to Industrial hyglene or enviro,nmontnl protectlon(collectively referred to hereln as"�vav,r•�c�nmental Laws').Ttustor shall keep
<br /> the Property tree from all substances e3��rmed to ba hazardous or toxio under any Environma�a2�.9 il.aws(collectively rofem�d to heroln
<br /> as'Nazerdous Materiais'�.Trustor horeby wnrcants end represents to Lender that there are v�o 1-la�ardous Matedels on or under the
<br /> Property.Trustor hereby agrees to Indemnify end hatd harmtesa Lender,its dlrectors,o(Hcers,empioyeea and agents,end any succes-
<br /> sore to Lender's interest,from and egelnst any a�d all cteims,c�annages,lossas and Ilabilitles adsing in connectlan with tfie presenoe,
<br /> use,dlapos�l or transport of any Hezardnus Materials an,under, (r�um or about the Proparty.T`IE FOREGQIN(3 WARRI�NTI�S AND _.
<br /> REPRES�NTATIONS, ANO TRUSTQR'S 08LIOATIONS Pi.i'RSUANT TO THE F012EOOING IND�MNITY, SHALI S�IRVIVE
<br /> RECONVEYANCE OF THIS DEED OF TRUST.
<br /> 10.AssiynrrNnt of R�nb.Ttustor hereby�ssi�ns to Lender,and pran2s d.ender a security Interor�in,.a11 present,future end
<br /> after adsf�g ronts,issuos r�nd proftta of ihe PropFa��;provided that 7rustor shatl,un1:l the occurrence of an 1Event of Default,horeundar,
<br /> heve ihe right to collect�nd retafn sucti rents,issu�a�nd profits a5 they become dua and payable.Upon tD�e occurrence of an Event of
<br /> qb(autt,Lender may.eriher in persora ar by agent,wrth or wlthout bringing eny ecdon o�pro�aeding,or by a receiver eppointed by e
<br />� court end without regard io the adeqi�acy of ils secudry,enter upor�end teke passessbn of th�'Property,or any part thereot,(n ite own
<br /> name or in thr.name a71he Truatae, pnd do any acts whlch ft deems neoeaaary or desirabte lo preserve Ihe value,marketabiiity or
<br />- rontabllily of the Proparty,or any par!�theraot or interest thereln,or to Incroaae the Income therelrom or pr�a�tDCt tfie security hereof end,
<br /> with or without 18king�nssesaion oi the PrAperty.sue for or otherrviae callect the rents,Issuea an�i prUfits RT+eraai,(ncludio0 tho�e Paa4
<br /> di�e an6 wnpaid,by not�tyir►g tenants 4u make payrreents to Lender.Lender may epp�y rents,lsaues and Qnollts,less conts and expens-
<br /> ee oi aNn�edi�;�oiM�if�s"M.r irdc:;�a���:tw^r�y'�!�. !^s•^•Y t"•=ifl�3A'!"^!"`�c"red hereby.all In such mrder�s L[mdor�n�y deter-
<br /> ' mine.Thb ente�ing upon and teking possea�ton 04 Iha Property,tha coliection of such rents,issuea ancri�raYHs,end fhe aPF►���
<br /> �� thereof ae eforosafd shalt not cure or waive any d�foul!or noUce oi default horaunder or invalidate any a�t dane in reaponse to euch
<br /> defaa�R or purauant to such not�e of default and,noNvithstendinp the continu�nca in posaesabn of the�ty or the odbction,
<br /> rocslpt a�d appNcatbn of rents,lasues or proflte.7ruatee end Lender shail ba enHded to exercise every�ight provided for in any ot the
<br /> I.oen Instnxr�enta or by Iaw upon oxurronce of e�y Event of Default,lncluding without Ifmitatlon the right to exerdse the pmNer of sale.
<br /> Furt�,La�der'�rlghts and remsdies under thls parep.'aPh ahall be cumulativa with,end in no way a Iimitadon on,Lendsre ripi�ts end
<br /> nm�dws und�r any ass{pnmsni oi bsees and Mnb reaadod s�ek►st ths Ptoperty.Lender,Trustee end the recdver shaM be Iisble b
<br /> acootx�!only br tlw�s rsnb�eWaNy roaived.
<br /> , 11.Ewnb of Whutt.The tollowlny ehell comtituto an Event of Dei�uR undsr thle Deed of Truet:
<br /> (�)FaMuro to p�y My Intt�Nrt�ent o(prindpN or Intersst or any ott►er sum eecurod hereby when due,
<br /> (b)A breach ot or dehuit ucde�eny W�o+�e�os�contslned M the Nole,fhls Dssd of TNSt,any ot the Lwn Insaumena,or snf►
<br /> othor N�In or erx�umbra�ce upon the Prope�tY
<br /> - (c)A writ oi ex�cution or attac:hment or eny slmller proceas shsll be entered epe�nat Truator whk;h ehaR beoorns�MM on
<br /> the property or�ny portion theroof or Interoat tl�ereln;
<br /> (d)Thero eheM be tfled by or sgsinst Tniator cx Borrower sn ection unde�eny present or fuWre fedoral,atate or other statuts,
<br /> I�w a na�tlon nl�fkp W bankniptcy,Insolwncy or oth�t rNkf for dwto►st or tMn shnll bs�ppodnbd eny WoQN,noNvsr or
<br /> liquid�tor of Tnwtor or Borrower or d NI a any p�rt of ihe Property�or the roMs�leaue�or protfb thereot�or Ttwtor or Barow�r
<br /> shall mNcs any�al rsslpnrtisnt tor the benetit ot croditon;
<br /> (s)Ths sa{e�tronsier,baae, asstpnmen�oor►veyenoe or turther encumbrancs of all or eny pert of or amr Intsr+set in ths
<br /> PropertY�eNher voluntarfly or kwoluntarily.wNtwid the exprsss wdtten oonsent oi Lender;provfdsd fhet Tnretor shell tw pertnft-
<br /> ted lo execuM a Iso:s of the PropeAy that does not conteln en option W purchaee and the term ot which does nat exoeed one
<br /> Ye�
<br /> , (�Ah��donment of the Property;a
<br /> (p)It Tn�aOor la not en Indivlduel,the laauance.sab.eranster,esalpnment,conveyance or encumtxanoe of more tltan(H a
<br /> porporation)e total M 51 percent of ite Iswba and outatanding stocic,or(ff e Pertr�e�l�iP)the Nmlted IlabNity compa-
<br /> cent ot partnershtp Interosts�a(if a Nmitad YeWNty compar�a Ic9a1 ot P��
<br /> ny intsceaQs or votNp riphte durinp the perlod Ihla Ueed of?rust osrt�ir�s a Ifen on the property.
<br /> 12.R�nNdNs;AcaMratbn Upon D�fauM.In the event af any�v�e�t at Default Lendor may,wlthout notk:e except a�roquked
<br /> by lew�dedero aH kxfebtedness eecurod heroby to be due end peyab�e a��d�lt�e same shali thereupon bet,�ane due end payeb{e wNh-
<br /> qd eny p�wsentrr�eM,demend,protest or radce o1�ny klnd.Thereafter Lbn9er�rnay:
<br /> (a)Dem�nd that Trustee exerotae the POWER OF SALE grant�,d C�neln,end Truetee shaN thereafter cauee Truator'e inter-
<br /> est In the Proporty to be sold end the pr�t�eeda to be distributad,all In the manner provided In the Nebreeke Trust Deede Act;
<br /> (b) Exercise eny and all dphta provided for In any ot the Loan Inatrumente or by law uFon occurronce oi eny�vent ot
<br /> Detau�;end
<br /> (c)Comnxx�ce an ectlon to fonedose thla Desd of Trust ea e mortflepe,eppoint a recetver,or spec�ticaly enface any oi lhe
<br /> covenants hereoi.
<br /> No romody heroin confarred upon or reserved to Tmatoo or Lencbr ia inte�ided to�e oxcluslve of any other remedy herein,in the Loan
<br /> Instrumenfs or bv law arovided or Permitted,but each shali be cumulaUve,shall be In eddiUon to every other remedy Biven hereunder�
<br /> __J��Y..
<br /> In the Loan Instruments or now or hereatter exisUnp at law or fn equity or by atetute,end may oe exer�iavd�wx;uRe���ry,�������a
<br /> - or suooesivdly.
<br /> 13.TrustN.The Trustee mfly resign et eny time wittwsit cause,end Lendor►oiay�r!any time and without cause appolnt a suo-
<br /> —' ceseor or subatltute Trostea.Trustee ahall not be I�ble to any party,Including witha.rt Ve�)tptbn Lender. Barower.Trustor or any ptK
<br />— cha�of the P►oForty�,tor eny loss or damafle uniess due to recktesa or wiNfvi miecarutuci,and shall nnt be royuired to take eny uction. -
<br /> -- In con�►edion with lhe entoncemef►t ot this Deoai oiTrust unless tncferrir►if,r�r],in writir�,fat ail costs,compunsotlon ar expenses whtch
<br /> -- may be aaaodafed U�erewitt+.In addilion,Trustee may becort�e a purd�ser nt r�ny sak�of tho Property Qudiclal or under tha power oi
<br /> _�° eaee granted herein);postpa'►e t1►e sale ot all or eny portlon n'1 She PropeAy,es pmvld�by law;or sell the Rroparty ae o whole,or in .
<br /> eaparate paroels or IoGs at Trustee's dlsc.�edon.
<br /> = 14.FNS�nd Exp�nws.In the event Troslee selis the Ptoperty by exer�{se of pawer�i sa1e,Trutlee shall be entltied to appty
<br /> -- anv saie p��oceede flrst to payment of atl costs and oxpenses of exercising power of sab,tncluding ell Truatee's tees,end Lenders end
<br /> Trustee's ettaney'e fees, actually Incurred to extent pertnitted by applicgbte law.In the event Borrower a Trustor exercis�s any ripht
<br /> � provided by taw fo cure an Eve►d ot DefauR,Lendar shall be enUtled to recover from Tn!stor ell costs and oxpon�ss actually Incurrcd aa
<br /> a rosult o(Trustor's default,including without Umftetlon all Trustee's end allomey'e fees,to the extent permilted by epplicable law.
<br />-� 16.Futun Advanc��.Upan request of Borrower,Lender may,at ib optlon, make eddiUonal and Future aclvences and read-
<br /> vanoes to BoROwer.Such advenco3 and readvances,with interest thereon,shall be secured by lhis Deed of Tn►st.At no time shall the
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