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��1�0�161 <br />DEED OF TRUST <br />Loan No: 101250661 (Continued) <br />Page 2 <br />TRUSTOR'S WAIVERS. Trustor weives all rights or defenses erising by reason of eny "one action" or "enti-deflciency" <br />law, or eny other law which may prevent Lender from bringing eny ection egainst Trustor, including a cleim for <br />deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement <br />or completion of any fareclosure action, either judicially or by exercise of a power of sale. <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all <br />Indebtedness secured by this Deed of Trust as it becomes due, and Borrower end Trustor shall perform all their <br />respective obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor egree that Borrower's end Trustor's <br />possession and use of the Property shall be governed by the following provisions: <br />Possession and Use. Until the occurrence of en Event of Default, Trustor may (7) remein in possession and <br />control of the Property; (2) use, operate or manege the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform ell repairs, <br />replacements, and maintenence necessery to preserve (ts value. <br />Compliance With Environmental Laws. Trustor represents and warrents to Lender that: (1) During the period of <br />Trustor's ownership of the Properry, there has been'no use, generation, manufacture, storage, treatment, d(sposal, <br />release or threatened release of eny Hazardous Substance by any person on, under, about or from the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and <br />acknowledged by Lender in writ(ng, (a) any breach or violation of any Environmental Laws, (b) any use, <br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Subatence <br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or <br />threatened litigation or claims of eny kind by eny person releting to such matters; and (3) Except as previously <br />disclosed to and ecknowledged by Lender in writing, (a) neither Trustor nor any tenant, contrector, agent or other <br />authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any Hazerdous <br />Substance on, under, about or from the Properry; end (b) any such activity shall be conducted in compliance with <br />all applicable federal, state, and local laws, regulations end ordinances, lncluding without limitation all <br />Environmental Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such <br />inspections and tests, at Trustor's expense, as Lender may deem appropriate to determine compliance of the <br />Property with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's <br />purposes only and shall not be construed to create any responsibility or Ilability on the part of Lender to Trustor or <br />to any other person. The representatlons and warranties contained herein are based on Trustor's due diligence in <br />investigating the Property for Hazardous Substances. Trustor hereby (1) releases and waives any future claims <br />against Lender for indemnity or contribution in the event Trustor becomes liable for cleanup or other costs under <br />any such laws; and 12) agrees to indemnify, defend, end hold harmless Lender against any and all claims, losses, <br />liabilities, dameges, penalties, end expenses which Lender may directly or indirectly sustain or suffer resulting from <br />a breach of this section of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, <br />disposal, release or threatened release occurring prior to Trustor's ownership or interest in the Property, whether or <br />not the same was or should have been known to Trustor. The provisions of this section of the Deed of Trust, <br />including the obligation to indemnify and defend, shall survive the peyment of the Indebtedness and the satisfaction <br />and reconveyence of the lien of this Deed of Truat and shall not be effected by Lender's acquisition of eny interest <br />in the Property, whether by foreclosure or otherwise. <br />Nuisance, Waste. Trustor shall not ceuse, conduct or permit eny nuisance nor commit, permit, or suffer any <br />stripping of or waste on or to the Property or any portion of the Property. Without limiting the generelity of the <br />foregoing, Trustor wilt not remove, or grant to eny other perty the right to remove, any timber, minerals (including <br />oil and ges), coal, clay, scoria, soil, gravel or rock products without Lender's prior written consent. <br />Removal of Improvements. Trustor shall not demolish or remove any Improvements from the Real Property without <br />Lender's prior written consent. As a condition to the removal of any Improvements, Lender may require Trustor to <br />make arrangements satisfactory to Lender to replace such Improvements with Improvements of at least equal <br />value. <br />Lender's Right to F�ter. Lender and Lender's agents and representatfves mey enter upon the Real Property at all <br />reasonable times to attend to Lender's interests and to inspect the Real Property for purposes of Trustor's <br />compliance with the terms and conditions of this Deed of Trust. <br />Compliance with Governmental Requlrements. Trustor shell promptly comply with ell laws, ordinances, and <br />regulations, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the <br />Property, including without limitation, the Americans �th Disabilities Act. Trustor may contest in good faith eny <br />such law, ordinance, or reguletion and withhold compliance during any proceeding, including appropriate appeals, <br />so long as Trustor has notified Lender in wr(ting prior to doing so and so long as, in Lender's sole opinion, Lender's <br />interests in the Property are not jeopardized. Lender may require Trustor to post adequete security or a surety <br />bond, reasonably satisfactory to Lender, to protect Lender's interest. <br />Duty to Protect. Trustor agrees neither to abandon or leave unattended the Property. Trustor shell do ali other <br />acts, in addition to those acts set forth above in this section, which from the character and use of the Property are <br />reasonably necessary to protect and preserve the Properry. <br />