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<br /> �.���� . 14. t)�A'iJg.3'.Tiustor an'II be in defanft if aay pariq ohligated on the Secured Hebt t�7s to make payment ahen du�
<br /> ��` 4 � Tn�stor w�t 6e in default if a breac4 occ�us uuder the terms of this Seauity Inmument or anY ather doc�nt
<br /> , �: . .Y< "; the 3eaired Debt�! �faith betief by Beneficaary ;V
<br /> , ..4 eae+cuted for the ptupose of creating,seauIn�or guara�tying � .:;,,
<br /> that BeBefiaaty►at any time i�insecune wi�h resp�ct w any petson or entity ob�ated oa t9e Secured De�t or that the ,.�.
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<br /> � : praspeet of any paymert artlfe,value of the Prope=tyisnmpauedshall alsownstitute aa event of defauh. _ts-�
<br /> ..�_.:" L4 AEBrdEIHHES�Pi DE�AULT.ia same�stauoes,federal aad srate law�71 require Beneficxary to�ovide'tYvstor
<br /> -�° .. --`` with nntioe of the rigT�t to wre tn other notioes aad may�blish time scd�ecbsles far forecd�ae ac�a�s.Subjecx io �;-
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<br /> • �.°, ..�- •� ,.r�: these limitatians,if aaY•Beuefciar�►may accelerate the Se�ured Debt and forectose this Security Insuume. ,�,.-
<br /> ,,' �-�- msnner grovided iry law ifTrustoi is in defauIt. �
<br /> � .^'' T'�•_ :
<br /> =--� = AL the uptina�F�neSssa:y,aII ar Eag gas�uf the agreed fees and aa�t�d'mi�te�t and p�a!shaT!bes.+nms � -
<br /> t �,� ` i�mediately due and pa}table.sRer g�viag uottse if r�hy taw,nP�uaa�reuce of a default ar anytime thereafte�
<br /> ` ded law the teans of tHe Secured I)ebt,th�s Seauiiy'
<br /> ,,"� � �'�; In asiditi a a.Bene f c x a�►�all E1e enatted w all the remedies pmvi by , ��.`,
<br /> �c� �`; ' InsOnmtentaadanyie?a�eddocvatents,iaei��dingt�dthaatimutatioa,thepowertoseIItheProP�Y �z��.
<br /> � If there is a default,Trnstee stiaQ in additioa to anyr oiTter perm�ted remedy,at the request of the�eaefrcia�y,
<br /> �� '` adveidse andsell fhe FmpeYty as a who2e ot i,�se�aTate parcels at public auc.tion to the hi�esi bidder for casH and �� �
<br /> ' � � ' co�ey absotuLe title�ee and clear of all�rig�t,title and Iateresrt a€Tmstor at such time and glace as TnLStee �. l
<br /> �_
<br /> -�?�;�; '.;; `k�„..:�. desigaates.Trnstee shaII�ive n6lice of sale ia�cIuding the time,temts aad place af sate and u dESCdption of We --
<br /> � '�.'�,.:,�;�� pmperiy tabe sald as requued by t&e app�cable Iaw in effect at the time ofthe pmposed sate. �i-
<br /> ,sr��`.� •`: Upon sals af the prnperiy aad W the eatent not prnLbited by 1aw,Trastee shaII make aad deliver a deedto the Pmperiy -
<br /> � �� - � sold whic6 c�nveys absolnte tiile to the purchaser,and after 5�st paping aII fees.chaiges and costs.sball Pay t° —G,,__
<br /> " , msmance,}iens,a�ents ar.�ptior eacttmhzances and interest --- --
<br /> <. , Berte�aat9 alI moaeys adeauced for�ans,taxes, --�
<br />_��V" � � dtereoa,aad 4&°grinc�pal aad iatemst on the Seraaed Debt.Fayaag tss stcRsl�s.i�aay,to Trasior.BeaeBciary maY ---
<br /> .�.. . -- P�e t�e�Pert3►'�4te�citals m any deed of comregaass shall6epiima facie eEidence of the facts set fort6tbeteia. ___
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<br /> '� � 4 � ��eme�es are distinct,aimnlative nnd noi exclusiv�as�tke Beneficaarp is e�tietzd to aIl rea�es vided at IaaQ or '
<br /> <<'��� �.:ty,whet�er or not espr�ty szt forth.lhe acoeptaaoe H�rHenefrAar9 of any svm in payment or paiq�payment on the �` _
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<br /> �;'�r° . - 5ecured De�»t a#t�r tt�e balaace is dnc or is acceleiated or after fa�ecI�ure proce�are fiied sha�l aoi c�itute a �._,�.
<br /> -��;': �� � waiver of Be��iaiy's right to reqaire camplete c�ae of any�e��ult.By not esera�g aay remedy on�os's �_:
<br /> ` � defaui�BeneBaary does not waive Henefidary's right wlater consid�ELl�event s defaWt if it contmues or happens agw�. -
<br /> ``,',��` .•`' 16r �ENSES;ADVANCES ON COVENAN�'S;A�OItNEYS'FEES;COLLECRTON COSTS.Escept whea '�-�`
<br /> � �''���;�" ' c.' ProL�'trited by law,Trustor a�to pay aII of Heaefiaary's eapenses if Trustor�earhes any cavenant m this Seauitq _
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<br /> ., � ... Instrument Trast�m1I ats�pay an demaad aay amouat incurred bq BeneS�r fo:insuring.insP�B•P��� -__
<br /> � • . or otheiwise protec�ng t�I�iropertq aad Beneficaatq's s�q interest.�ese expenses w�l bear mterest from the.
<br /> date af tt�epaymeat u�r1�d#n fallat t�highest inteiest ratein effect asprovided'mtheterms of the Sec�ed beM. _ ,,
<br /> ,•`, 'V . Tn�sWr agrees to�ay at3 oasts aad espe�s incurred by B2neSciary m oolie�ting,eaforcang ar proteding Benefcaary's
<br /> :.:�`A `' rights an�iemedies tues�a uLis Sec�ity tnstrament TY?'s amouat may include,but is uot timited to,attomeys'fees, -_
<br /> ,. �_ � on�st cosfs,and other Ie�-�eapenses.lbis Sewnty ta�ament shaD remam in effi�ct uut�1 released.'IYasros agrees W
<br /> : ' .�,� ;, , .�., p�y�or airy�qondaaon costs of such releasc. � .� : . -- -
<br /> , , , i'f. ENV�t11�3��AL�.A�V�AIOtD H��O�s''�,4"�°�'Ati�'�`.';As used in this sec�on,(i��onmental Law .-
<br /> �eans,withotrt�iudtation,thv Comprel�easive F.av�aamar'���e�nse,Compensation aad ' Ad(CEItCLA, : _^.
<br /> +�F,:',y<; . 42 U.S.G 9601 et seq 3.aud all other federal,state a�m�,�ai��;regulations,ordnances,wmt ordeis,attoraey ---
<br /> _ .. Y. . - ge�neral opinions or int�eerpretive Iette�s ooacerniag�public heahh,safetY,�rd.�re;enviromaeat or a hazardous
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<br /> ., substance;and(2)Hazaidous Subs:aace means anp toaic,radioaqive or ha�rdous material,waste,poIIutant or
<br /> � .� .� `:, contamiaant whic�has ebaracteristica wmich reader the su6stance daaperous c�pbtentiaIIy dangcroas to the pn6lic
<br /> � ` �i healW.safetp,welfare or eaviraaffient.T6e term inciudes,without timrtation,aay substances deS�e�3 as"hara�dous -------
<br /> .. ' � material.""toffic snbstances.""hazardous waste"or"Lazardous substaace"uader any En►viro�ental Law =_-
<br /> • . "_' � Tmstor represe�ts.wariants and agrees thax • .. �
<br /> ,.. .�����;, ��,�.� A Except as gYevlously clisclased and ackaowiedged m writiag to Benefidary,no Ha�rdous Snbst�e�i��i w�71 be
<br /> � located,stored ar released oa or in the Pro�rty.This restrictloa daes•noL appl to sma1T i�tities of
<br /> . . FYazanstons Sabstaaoes that ate geaeraliy reoa�d w be a�oropriate fa�she�use aad mamtenaaoe of ---
<br /> '�. - • � ���Y• ` _ . . -
<br /> ' 'h�r�:-_� ' : �. Except as prevIously disctased and acdutowleQ,^er$ut vvtiting't,��i�'efi�r�'s¢stox and.ea.�ry teaant bave been,
<br />-. �.�::,��. ; � . . a:e.aad sha11 remain in full compliance with a�y�pplicab2e Envirvnme�l'i�.aw. �_=
<br />- � . . C, 'I'rust4r shall imme6sz't,ely aotify Beneficiary i��s uzlease or threatened���e of a Ha�ardous Substaace ooc�us - _ _ -
<br /> . on,under a�abo�t��raperty or there is a ss:.7ation oi any Envuonm�?al Iaw conceming the Prope:ty.1� ---
<br /> � � such an event,Trnst�r s fl a ll take a�l necessa�+re�medial action in aocor d a a c e aritD any F ��oumental Law. _.
<br /> - :D. Tn�sW;st�aU immediate�y notiSg Ti3�ne8ciary in aniting as saoa as 1Yusiot has reasori ao believe there is any r- _.
<br /> . sa �
<br /> . . pending ar thteateQat imresH�afion,olaiffi,o��SOO�diag relating to t��;�lease or threateaed reIease of uny �:.
<br /> . � Ha7ardous Substanee or t6e violatian of any�a3�nmental Law e �--
<br /> • . � ItT. CbND�TATION.T:ustar w�l give Henefic�'ary�t notice af anY Pead�or tLreatened aaron,6y gtivate or � -_
<br /> -- „ . public eafities t�putchase or take anp oa all of the P'roperty throug�oondemnation,em�nent�tamain,or any other �.�=II:.
<br /> . meaas.Trastaz authorizes BeneBcatary t,�intervene in Trustor's na�ne in any of the above desr,c�ed acttoas ar clatms. .-=_
<br /> ' � Tnutor assigAs to Beaeficlary the proceeds of any award or claim tor damages oo�aected with a ooademnation or other �'�°
<br /> .��:,
<br /> '';;;:r:,,.'�,� : .' taldng af all ar a�r part of the Pe+aperty.Sucb pmcx�ds shall be cansidered paysusuts nnd wiD be applied as�CVa'tded in .3 r
<br /> ,,•� � t�s Secuiiry Iastrument.'ILis assignment of proce�i�subject to the terss�af ttuy prior mortgage,deed of.Wst,
<br /> ` ��`�:�:;'::� � , securlty agreement or other liea docutnent ``..
<br />--_ . 19. YNSQJ�iANCE.Trustor shall keep P t a��tty insured against loss by 8re�ftood�theft and othe=hszards and risiss . . �:
<br /> . � reasanabJy assoda4ed with the Prope:ty , to zts type and location.7�is insuranoe s h a t l b e m a 9 ntain e d in t he amounts �__�;.
<br /> .�.. - ' and for We periods Wat Benefiataty The iasinaaoe caaier pmrvcding the insvrance shall 6e chasen by.Txt�ator :,-
<br /> � :;�.,•;�4d4'!;�,_�: subject to Benefcaary's w$�aot�e tsnreasonabty withheld.If'H'n�stor fails to maintain thia�covcuage w"
<br /> desccibed above,Bene��a y,at Beaeficiary'�aption,obtain eoverage ta protect Beaeficlary's rigtits•ln We `. ,
<br /> �. ' .� . Pmperty aaoarding to t�e teims of tLis Security Insuument, .
<br /> All insuraace policies and renewals s�all be aooeptable to HeneBaary and shaU iactude a standard"mortgage cdause"
<br /> „. �"�.. ... and,ahere eppticable,"tass payee clause°'Prustor shall immediateiy notify Heneficiary of canceltation or termmation
<br /> _ � � of the insurance.Benefc�y shall have the rig6t to hoW the�o}iees and renewats.If Beaeficiary requires,Trustor shall. � .
<br />-- - � . immediately give to�enefciary all receipts oi pa�d premiums and senewal norices. Upoa loss.Tn�stoi shall give .__
<br /> . immediate ttotice to the insurance canier and Heaeflciary.Beneficiary may malce praof of loss if not made �
<br /> , . . . immediately 6y'Q'rustor.
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