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<br /> . ,. 98—ic�s�oe
<br /> cxecutsd foi thc pur�x��c c�f�t'r ling.��t►riilg or guusntyin�Ihc Securcd �nbt.A }��xxi taith hclic!by l.cndcr that
<br /> l.cn�ler et eny time ias Insccurb-�h trs�ect tu�ny perwn ur rnldy ot+ligatecl o��lhu.riecureJ I3eM u�•that the prcxprct
<br /> ��f anY payment or th��xluc of the F'ropeny is impairad shs�ll ulso car�st'stule�e r.��cnt af�kfault. �
<br /> 1� REMEDI�3 O1�1 DE�AULT.In some inst�nccr,fed�ral And slnte law wiU rrquirr, l,�:n�kr to prrnids G�untnr with
<br /> natic�e ot thr right ta cure or other natK�es and mry�tAblixh time scheJulea tc►r(or��claKUrn�'tions. Suhjcd tp thtsr
<br /> jimitaliuns,if any,L,�:►iJ.:r muy acccicratc thc aCL'41rPSl D�M HIIQ�t�fl'CIl1Sc!this Sccuriiy Instrum�m in r manncr
<br /> pr�vidcd by law it Orantur is in default.
<br /> At tha option of l.ender,all�r eny part of thc agrer.d fees Hnd chnrges.acerued intcrext and principal shi�ll 1►t:come
<br /> imm�dialoly dur. and payabk,aRcr Riving noticc if rcyuirad by Inw, upcm thc �x:curresqcc uf a de[ault or anytimc
<br /> lhcrcafter.In addltion,I.ender shall be cntitled to aU the remedi4s provided by lew.thc terms of the Sccured i}e:bt,
<br /> this Securily Inr1 rurt►a�t Hnd any relat�d ducuments,including with�x�t limitntion,lhe�wer to sell the I'rc�peny.
<br /> If thcre es a detseeEt,i!'nist!:e sh:�ll,in addition to any othcr permitted mmcdy,at thc request i�f the[.enckr,advcnisc
<br /> and s�:ll thc Property as a,w�xnl�r�f in separate parcels at public auction t�the hiFhest bidder tor cash and convcy
<br /> absolute tille frce ar.nrJ:c[c•a.r.�rt a�!�iglt.t,tiUe and interest of Grantor at such time �nd place As Trustee designates.
<br /> Trustev shall givc:n�W;i,ce rsf::�aP�e i.r.nc�u.�ing the time,tcrms and plece of salc tind a descri��l,ic►rn�t thc property W be sold
<br /> � �►s reyuired by the��rpticak�f�e la�w i:rr.eflect a,t th�e t.imc of the pr+�}�osed u�le.
<br /> Q1pero s�►te o('the�xopert.y a�tcE to th.e extenu t�v+,�r.,nhi.bited by law,Truttee�h.�Lf.make;incf d�l.i.��¢r a ckx^d t�I:l.�e Pr:r�{�r.t:p
<br /> �r�hich convevs aFrsaiate title r.a the Pureh�r,anrJ after Grst paying al!Eees,cf:ea.rges ar.x,fl ccr;ts,sha11 pay tu t.eaw�r.sU
<br /> m�ar.e:eys�a�x'e��fnr repuirs.►axes.ir.esurana:,liens,assessments ancl�ncrr er�nthran�s anr.t intercst tnereon,ar�a6 tne
<br /> principa6 and interesl on ti�e Securer.�Dcbt,paying the sur��rts,if any,to(ire.ntor.i.�ttcer,r cr,tay purchax tt�e P�ope.r.y.
<br /> 'Ihe rentak�in any de�d of eon�-eyanue shall be prima facie eti�ndcr.ece oi the facts set fort�h tkee�in.
<br /> All remedies urc ditieir.►;ct,ciamulative and not exclusive,and thc L.endcr is�mce�t�d to�!�rcrncdies providcd at law or
<br /> equiry,whether or�<<?�tc r.:;Jxessly set forth.The acceptanoe by I.ender of any sun2 iui p�aym�rnt or panial payment on the
<br /> Secured Debt after t�h,:3>alance u due or is accelerated or aCter foreclosura prooeeden$s ar�filed shall not constitute a
<br /> waiver of ixndei s ri�ght to require complete cure of any existing default.By not exercisnng any remedy Un Grantor's
<br /> dafsult,Lender dues not waive Lender's nght to later rnrtsider the event R ciefault it iA continues or happens again.
<br /> 16. �XrENSES;ADV.�l�NCES ON COVENAN7CS; ATTORNEYS' FEES;COLI.ECTIOri COSTS.Except when
<br /> ' . prohibited by law,Crantor agrees tn pay all o[6r�nder's•expenses if Gran�tu��reaches any covenaiat in this Security
<br /> ' [astaument.Grantor will also pay on demand ao�,�'amount incLrced by Lende�'1'or insuri�R,inspecti�;c,Freserving or
<br /> �the�nn•i�:c:protecting the Property and Ixnder's security interest.Theu:exp�n�s wiU f�raa�ntcrest Rrm�i che da!e of
<br /> t�,��,JM1.-,;N.;�t.ur.!'s!�si3 in��.ell a+.+.h� hiohest interest rate in effect as provid�d in th;1::;:•nu uF t�4:..`G;cured Uebt.
<br /> Grantf�i�i�r:��.ta P�Y r»�ts and expenses incurrcd by L,ender in oallecting,�entorcing iu�ptotc�cti��A.,�nder's�ta
<br /> and mrr�tidit;�uniie+i a:?::r:::Security Instrument.'Ibis amount may inrlude,P;��re 'ss not limited to,attar�n�,r5i'fees.court
<br /> �ts,a�other 4��i;�;n�nves,;I1�u Security Instrument shull remain i►�,f(i�isct until released.Gru��tx agrcrs�to pay
<br /> for any reoordatibn'�tu!s�cf such r��asc. � �:. .
<br /> 17. ENVIR�NlNEMAL LAWS�i1.�41t.h�AZARU0U5 SUBS'�'ANCES.As ti.s:�d in this sr��o:er.n:,(1)Enviranmcntal iaw�
<br />' n�esns,x�ihout limitetion,the Coiti�'���ehensivc Environmental Rcsponse,�+qt3!ptnsation�i���c'�.iability Act(CERG7.A,
<br /> , ;,: 42 U.S:C.9601 et seq.), and all ot�cr tederal,.�tale and lacal laws, rcgWf!a�����m.ordinanrks,count c►x�bc:rs,attorqey
<br /> . generat opinions or interprotive letters concerning the public health,tia�fc:.�a•.welfare,environmenl��ui�;a..ha�ardous
<br /> '!• . :xubst�ACC�end (Za t�:azardous Substancc mcans any toxic, radioactivc or ndzardous material,waslo„��oltutant or
<br /> '�,*�,.,.. ca�ta�rob�ni��n4 which has charactetiiKriCs whech rander the substance dangerous or potentislly dengerous to the public
<br />`'�- .• healtl�.,,'S�i��:%ty,welfaro or envir��u�?;ent.'I�e term includes,withcwt limitation.any suFnances defined as "lvzardo+s
<br /> . matenl�i�i;".;�tazics sui)stanoes."°ba:l,ui•�waste"or"hazardous substanoe"under any Enviro�unental[sw.
<br /> ,�,:�;, Grant�ir't+epctse�s�a�.rx,r�-:,dnts anci agrees that: . .
<br /> �� %, A. Exoept a�cr�r���l,iuci�lt�disclosed and acknowlcdged in writing to L,ertc�ci;no Hazardous Substanoe is or will b�
<br /> �' � '.. Iocated, stq9��;t,,n�r'tclea&cd on or in the Proparty. This restrictioh',dries not apply to snull quantities of
<br /> �' �y,�,�nbus S�7�k?tapce,s�t#�al Arc generally recogn�.ed to be apprapriate for Ihe�tarn►al use u�d maintenaaot of _
<br /> .,' t►rcy l't'opeti�l:,i; •,'.. �'t� •'
<br /> , '.' .� B. Except as�r;�*�;}nt�.tt15C'Nas�d�and acknowkdged in writing to Lender,Grantcx antl'�very trna�t have been,aa,
<br /> � and sbal�recen;���`r!�'i1t'V•�vmpliana with any applicabie Environmental[.aw. t��� •�•
<br /> C. Grantor sh�►�f�u�F����!�+�'«-ly:noti[y L.ender if a rekase or threetened rekase of a Hazardous Sub�rJsi:;e�oocuis ant
<br /> sh
<br /> under or atitiut,l�o X"��rs �:rfy:�r there is a violation of Ar;+•Enrironmental I.aw oo�arning the Pr(�ierty.In,�jie�'+'�` .
<br /> an event,Grahtc+�'�3haf�lsl�:e ull necesserp remedial actioa�n a000rdancc with u.y��ievironmental I.aw. �,,,; ,.
<br /> D. G r a n t o r s h�.,7'i i�m e d i a t ti t y n u t i f y L ender in writin g�s soon as Grantor has���i��n to belicve there is ariy�
<br /> , �cnding or t h;:�:ntened invcstigation,claim,or prooecding rclat�a��,.�_o ehc releax or thnatened rekesc'o[sny
<br /> Hsr.a�do��s Substana or the violation of any Env�ronmee�tal I.aw.:• . •
<br /> ld. �OPIDEMNATION.Grantor srill give I.ender prompt noticc of uny pd�h�king oc thr�atened action,by pr:vate or
<br /> pub6c entities to purchnse a't�;�c^any�r all af the Prqxrey through wndectenatiao,a.�i+°ar►eet domain. cx any Wher
<br /> mcans. Grantor authorizes l.x.a�rc��ea•to mtcrvenc in Grnntor s namc in any of thc abave ci�cribed.actiona or claims.
<br /> Grantor a�signs lo�.1�;�,der tltic�tnScecds of an.�r.'�+��yrd or claim for daroag�s connected with a ca�lcma�.ution or other
<br /> taking of a1�r�n.y�t�,��n•��f the Pra�ctiy.Such�ac,:.;;•:ds shal)he tonsidercd!��i��r:�ents and will bc app4i��!!t�c Provided in
<br /> : � �his Se€u�ryr Inesosti�.ltr::;c;This�S;�Ynment of p�.�eds is sun��t,ta the Fr�tn,n{:s of any prior mortda�+r'.,«Fi;:e¢�i irust.,
<br /> secudt����rrcn�i�u+ki+�bstrkiemi;c•lc�c�.ulncnt. � ' �� '�� .
<br />�= 19. [l1Y�URANiCE.G��niur shblC 1ttiw�i Property insurcd aga�nsr�oss by rre,fluod, tPa:ft:anc!nthe��.azairds�ct��a:r,l;:� ' ,
<br /> rcasanably s�rciar�ct�anith the Property due tc�its type and Iocation.'[Ais�rrr:�renoe shall bc:maintair�ed'rn the�eKfp��S''
<br /> and for thc pa���1s�� 1.�nde��Y9uirts.'Q1�insurancc carricr provwling Utc insurancc shall be cRRCx;�.r�by Grantor
<br /> _._a _ti�u.....n F.���nrwncnn�hlv urifhLw�:_ IE C[811LOi f81L5�O�r�L'Q ��CUVC[atC
<br /> SUOJECI IO 1.C1I[7CT8.�[)q[v�.R•w�aa�.w m�a... .�._ ..."______'� ' ' _
<br /> d�scribed abo�+L,.p�c-r,�d��r ma�y�,.at: 'Lender's option,obtAin rnverage tn peuv��ct I.rnder's rights in the�'r.aperty aecording
<br /> to thc tcrmx oE this..rsecari�y��.'r�,�'.�uricnt.
<br /> pl�in.curance�ar�licix s and renevrals shall be acceptable tu L.encfe:�anc�shWl�inciude a standard"mu�-c�,�ge clause"and.
<br /> where applical�le,'"lc�x�ipuyee clause:'Grantor shall immedir+t4iS+�n��cil'�r Ls.�ncl�r of canccllation or eem�nT�ticx�of the
<br /> insum�sco.Lcn:i�r:.��ll have the right to h�>Id thc policict ay�Yf rara:��,r�i;�.l'4'�.enttcr rcyuires,Gra►u'or slic�iil imnort�tcly
<br /> give to Lsnck�r all rcccipts�rf paid prcmiums and rencw�l�nr�ti�P g.Upon lass,Grantor shall givc ihunc�i�oitu�►x�t4ifcc to
<br /> the insurnnce crtrier and Lcndcr.Lr.rsdcr may make pr�P cff loss if not mndc immcdiately by Grantor.
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<br /> OtM1�WM�'ip�w�.Y�e.s1 Ck�J.IM111�06J�7•tNt►io�11E�DT•IIE N'�� "
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