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<br /> -'�s `� law orllinanc�',�or �gu7.�e��t '� r
<br /> ��:.::•�_`\` the Property in violation of any . �
<br /> :� �:a:�.
<br /> :, " � �nd .shali pay arid promptiy �iecherqe at Bosrawer s cost and ..,..,�_�y', �.
<br /> � expease all 2fens, encumbra y ea an� c aarq�ereofe�� �posed or
<br /> ° ` � � _ asseased against the Prapert or any p .,�: < � �.
<br /> " �, r-°;'-.. � .
<br /> `' b. Sminsnt Domain. LenBer is hereby assigned all =-- -
<br /> �� �":.. �`':�. � compensation, awards, dautages and other payments or relief �����, �:'��
<br />,:�;; r_t�_, _ thereinafter °Proceeds°I in connectfon arith condemnation or other ,
<br /> ` . - taking o€ �he Property or part thereof, or for canveyance in lieu . _
<br /> ` of condemaativn• Lender shall be entitled, at its optioA, to ": �S '.
<br /> , .�r ' commence, aya�ar in and prosecute in its own name anp action or ;.� _,;
<br /> r���.`�; �: proaeediags�.�and shaLl als� be entitled to make any compromise or . ; ,e}.
<br /> - set�em.ent �.a. +ca�aectian with snc� takfng or da:uaqe. In the _-
<br /> a�.ion �€ �iie Property is sa takea or damaqed, Lender
<br /> , enea� ani► P . ;.:
<br /> . �": sha�l have. �� optiori. in its sole and absQZute discretion, to _`. _ _
<br /> , agp2y all sucli Preceeds, after deducting th�refram a21 costs and r«�, �
<br /> , . , eag�ises incurred by it .in connec4:son with such Proceeds, upon tt�`.��_-
<br /> any a.ndebte8aess secure+d hereby arn�, in such arder as Lender map .��F:,.__
<br /> , •-�F�. �.'-.���I- det�acmine, or to apply all such Proceeds, after such dednctions, �;£-�;_�
<br /> u on such conditions as fi�nder �s':=;=-�
<br /> tQ �e restoration of the Property p `•_��,�r9
<br /> ,� � � aeap .determine: Any applicatiQ� of Prcceeds to indebtedness .sltiall ,-� __
<br /> `y'�;����°�:`��,.�'��� a��':+�xfiend or pcst�aas�e the dne date of any payments ua8er �he � -�
<br /> 'j': :.•��,. .. . �_, `. ,
<br /> , r, : Na��.r or cure any �t�ult thereundez or hereunder. :.. .:: �,a.
<br /> � s'.
<br /> ' y ,�``!'�� �. 3. . Performance b i�endes. In the eveat:��f Borrac�rer's � . �:- �
<br />..-::i�..,...,.,.�:•�.. . f���.�.
<br /> . . failure ta: � orm anp of the covenarrts &esean os make an�'� �Y`" ,��-- -
<br />::`.`�k�`�.]i����,�__.7,�( � . . - __
<br /> .•�� • �uen�s reqvi�� herebyr or if ang act .,ss take� or Iegal prot�eding ���_-
<br /> � •.:•.��(t•:� � . .` a -' __"__.
<br /> , ..s�i.t .f,:° ce�encec3. .r�aich m.�teriallp a€fects::;:L�ndes`sL interest in the v.,.._:
<br /> �� .:<�r�� -��� y �
<br /> ':;.;;,,�,71,,�(:'•, , g,�����y, �..za�er �g� is: its own �s�tioA, but withon� ��2iga- �,�.-_
<br /> :.s,�,��,,�. � �s�� �c a�:s�, and withou� zc��ce �o: or d�d upon Horro�r�. and .Y--
<br /> �r .�,.<��t� . �� �azlt�cs�t` reTc�sing Bonowe�c �� any obligati.on. do any ac�`:va&ich
<br /> '`"' ''"`xg� "� egc�:.�orrow���has agreed but fails to do and may also da ai�y othe�
<br /> , ,•,'.r,. ;.���* ;`:
<br /> 4""����"•• :� �c��gt deems ner.�ssary to protect the security� h�xeof. Borrower
<br /> � '" �:; shall, iamaediately upon demand therefor by Lender, �pay to Lender -______
<br /> � � � all costs an8 expenses incurred and sums expended by Y.endez in _-
<br /> � . �``�''`'�� t` connection with the exescise by L�nder of the foregoing riqhts, __
<br />�:,; r.'.�'` ':��� ��=" togethes with interest theseon at the default rate provid�d in , _-_.
<br /> , '� '= the Ncte, e a�rh sh 11 not�incus any lilability because Qf a ything =� -
<br /> �� hereby. L
<br /> � �`'.t�� it saay do or omit to do hereunder.
<br /> ! ,�����:� 8orrower shall keep �he
<br /> �� .. = g. Hazardous Materiais.
<br /> . • ., ��: � Property in comp ance w anp and all federal, state and local _
<br /> ' ��. :'� '� � laws, ordinances and zequlations relati�g to induatrfal hygiene
<br /> ��� ���'.: ; ;�: or to ettvironmental conditions on, under or about the Property, _
<br /> ��• � � iacludinq, but not limitod to, soil an8 gzoundwater con8itions. _
<br /> �k �� � Trustor shali not use, generate, manufactuie, store o� 8ispose af �
<br /> .:` �{ on, under or about the Property or transport to or from the =.
<br /> � � � � � Propericy any flamu�able explosives, radioactine materials, hazardous _
<br /> . �,: �� � .� wastes, toxic substances or relate8 materia�s, including, without �
<br /> limitation, any substances defiaed as. or incladed in the definf-
<br /> � � ' ti.on of "hazardous aubstances", "hazardous wastes", "hazardous � �
<br /> � ���� � . ' � matezials" or "taxic substances" under any applicable iaws, _ __
<br /> � { ordinances or regulations �collectively referxec3 to hereinafter ___,:
<br /> � � ° � as "8azatdous Materials") . Borrawer hezeby warrants and repre- �.__-
<br /> senta to Lender that there are no Hazardous Materials on or under �;-,
<br /> � �% the Propesty. Borrower hereby agrees tc indemnify and hold � �- --
<br /> _ ;; ; harmless Lender, its directors, o£fi.cers, employees aad agents, �'�R.
<br /> � � and any successors to I+ender's interest, from an8 agatnst any and -
<br /> all clafms, 8amages and liabilitiea �arising in cannection wi�h :
<br /> ° � . . e use storage, disposal ar transport of any Razardous �__;�:�.
<br /> the presenc , .
<br /> Materials on, un8er, fro� �os abont the Property, inc2ud�ng, with-
<br /> ,. '_ _ _____ � out limftation, Ia) all damaqas �irectr dir osat2 rog�Hazazdon g
<br /> . a gtora e a sP ��':
<br /> out of the use, generatio . 9
<br /> � � � Materials by Borro��er or any prior owner or operator of the
<br /> � � property, and (b) all casts of any required or necessary repair,
<br /> � � cleanup os detoxification and the pregaration of any closure or
<br /> ' � � ' other require8 plans, whether such action ig reqnired or neces- :
<br /> ���;::�::�;.�� �;��� ' sasy prfor �o or followiag transfer of title to the Property, to -
<br /> ,;T`1 .:.'�-;
<br /> ',:�,;;:5�`;,:;:: . . t�e full extent that such actioa is attribntable, directly ox
<br /> .-'�4�4", ' 3.�directly, to the presence ar use, generation, sforaqe, release, ,,
<br /> � • �:; . tI�reatene�d�e Pro ertyapr�ior to transfer�of title the etoaby .
<br />-. ���� person o P .
<br /> - �_�..�:-:Y°_.� �--
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