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<br /> " ar axantyu►g the Seaued Deb�A good[uith be�ief by Lendec eGat . ° .
<br /> ��`�� �e a�t�t� y e�tsun or eatity obligated aa Ihe.Secured Rebt or thai the prasQtc� °:;`_'
<br /> ��.. : of aay payment or the value nf We Pcogerty is impa�red s6a11 a l s000 n s t i t m e a n e v e n t o i d e f a W t ,, t f`t
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<br /> L� REMEDIFS ON DFFAUI.'F.In some�ces.federal and state Iatv w�l require Leader to�rovide Granwr nrith ��:'..
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<br /> . - �` ti±�;'. no3ice of the right to cure or other notioes and may establisb tIme ssh e d u�s tar farec tasure a c tto n s.S u b j e c t t o t h e s e 5
<br /> .� ." � timitativns,if any,LeQder iaay accelerate the Se�red Dzbt and forectase Ihis Security Insirutaent in a manaer ;;:�ti�.
<br /> ' �`:� .°.`< .< providedby Iaw if Grantor is in defauit ' '
<br /> �-Y� � ` At the option of Lender,all ar an}r part of the agreed fees and charges.aa�ed'utterest and principal shall becotue � 4
<br /> r�.;� imme d i a te ly dae an d pa y a b t e,a i t e a g i v i n g n o b i o e i f r e q u i r e d b y l a w.u p a n t he oocurrence of a defuult or ar+ytune 4
<br /> -•.. '-:~:•°. ;. thereafter.In adclition.I.eader shall be eatitte�ta ait the ccme�provided by Ea+w,the ierms af ihc See�rea Debi. ,
<br /> '���` this Sec�trity Iastn�eent and any related doc�ents.iacluding without limitatioa,the pa�ve�to sell We Proprrty. �<«:,;
<br /> � s.. -
<br /> ' . . If there is a defauTt,'IYuctee sl�all,in addition to any other germitted reinedy.at the request of the Lender.advertise �•.:_
<br /> � ll
<br /> - �� • and seU the�'mgerty as a whole or in sepazate paroeLs at public auction to t�e Iughest bidder for cash aad cronvey ��v,��^:.-�
<br /> _ tit2e aad iaterest of Grant+or at surh tlme aud prace ps Trustee designates. �4`:'"'--
<br />. , . ..: ��.� absotute titte free aad dear of all rigkt, ace ��.i�".�
<br /> . ,".'' .:,, � ':-�".� Tnstee shall give notice of sate including the tim8.tem�s aad place of sate aad a description of t6e property to 6e so�td ��,..�='"
<br /> ; ��f as required by ttte appt�cable lamr in effect at the time of tlte proposed saie• 6s �_-
<br /> ; �,�_.
<br /> � . � '��' Upon sate of the prape�fy aad w the extent nat prohi'b'rted by law,Tn�stee shall makc aud deliver a deed to W��tapetty. «„^� ,
<br /> �� sol d w h i c h conveys a b s o iu te ti t 2 e w t h e p u r c h a s e r.a a d a ft e r 6�s t P a Y i n g a 1 1 f e e s.c h a r g e s a u d c a s t s.s h a l l pa y to�.eade�a41•!
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<br /> `; . . moneys advanced for repaus.taxes,insuraIICe,tiens,ass�ments and pnor eaciunbranoes and intefest thereon,and th� �� _��
<br /> `.;.;,� . P�aP�and interest on the Secured Be6t,DaYinS the smPlus.if any,to Grantar.L.e n d e r may p u r c hase t he P r o p e rt y. �
<br /> � 'Iiie c�citaLs m any deed�af conveyance shaII 6e pxima tacie eiridence of the fads set fmth th�,rein. .�
<br /> .��.,�� ��.:° -��.-Y:,: . Atl rem�are distmc4,cumulative aad not exdasive,and We I�ader is entitted to all remedies pravided at taw or 4r -.�
<br /> �,_ �_ .:,,.
<br /> 'r`� , '_�- . equitY,whether or not expresslq set faztl5�'ilte acceptanoe 6y Lender of any sum in payment or pa�al paymeat oa the -.
<br /> � Sewred Debt after the b.alanc�e�du��sr�s.axeletated or after foredosure proceedia�are filed shafl aot constitute a �e< ^-
<br /> .{;*,7 f waiver of Lender's right ta ret�u�e cb�piete cure of any.e�g def�By not exerasiag aaq n�med�+on Grantar's Y
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<br /> ,:,,a�,/�,.=�._ . default,Lender daes notwui�-e 1.ender s right to later oonsider We event a default�it oontiaues or Qappeas ag,ain.
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<br /> 16. EXPENSES;ADVANCGS ON COVENAPiT3;ATTORN6Y3'FEES;COLD.�CriOPI C0315.Except w en ��
<br /> "f��'� pralubited by law,Cnantor agees to pay all of Lende�s expenses if Grantor breaches aay crn+euant in this Security e _.
<br />__.�'',�,.`.5,..,`.'���� Instntt7te•_±* Grantos w�'D also pay on demaad any amount inaured by Lender for ins�g.iacQectin8.Prese�viug°f ..
<br />. otheiwise psote�ing ttte Property aad Lender's seauity interest.These expenses w�bear interest from ttte date af --
<br /> ' � � ' the paymeat uat�pazd in full at the highesi interest rate in effect as pmvid�d in We terros of the Secnred Debi. __
<br /> • �''`�''�`''' ` Giantar agrees to pay all eosds and expenses inc�ured by Lender in collecting,enforcmg ar protec�ing Lender's rigMs __
<br /> � '";� and remedies under tMs Secwiry Instrument'i9�is amoui►t may.inclade,but is not lunited to,attameys'fee.s,oourt'
<br /> . . ' � ": ` %' cosLS,and other tegal expeases.Tl�is Ses�ity Insirument shail rc�iain in effed�mt�reteased.Graator agrees to paY.,��;..
<br /> '�� � � for airy recordation o�ts of such releas�.� � ��: . • , � :
<br /> .::r���,.., ..,• ,• 19. ENVatOI�iMENTAI.tt��5 AND HAZARDOUS SIJBSTAN�As used in this section.(i)Environmental I.aw�
<br /> ,f;4� ' .� '-� ,,rxzeans,without limitati�n:,�e Comprehensive Envimumental Respouse.C,u�.�r;nsation and Iaability kd(CP.RCI..A, �"`
<br /> -�����'' �U.S.G 9601 et seq.};;aad alt oti�er federal,state�ad tocal 1aws.reg�niisi�s.oldinances,�°urt orders,attomey . _
<br /> : .s;;�-��-. . . . ;. —_
<br /> :•�; general opinions or interpretive letteis concemiag,t�e p u b fic t r e�.t 3 x;:$a f�t y,w e l f a r e.e n v i r o n m e n t o r a h a z a r d o n s ^
<br /> . substaace;and(2)Hazardous Substance means any tomc.ra¢i�+,�r�iie or 6azardous raaterial.wasie,pallatant ar __
<br /> ��� contaminant which has characteristics wluct►render the substaaa;daagemus or potentiaUy dangerous to the public --
<br /> � . ' , ttrr.sltB,safety.welfare or environnien�'I�e term iacludes,withuuc limitatian.aoY suDstances defiaed as"ha�ardous
<br /> � . ��.>�' c�aterial,°"tome�ubstanc�es,""hazardous araste^or"hazardous substaace"under aay Environmental Law. �
<br /> ; . , • . ,.� , � Grantar represents.warrants and agrees Wa� � : :.,
<br /> � •. '� ' � A. �xxcept as previously tlisclosed tind acknowtedged in�vt+���o Lender,na Ha7ardous Subssance is or wiU be :.,, _A.-
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<br /> tocated,stored or released an or in the Property.Tts�,c�striction does not•apply to small qnantities of`''_;' _
<br /> 5,'�� � � Hazardous Substances that are generaily reaogn�zed to be appropriate for the uorma!ase and maintenance of '
<br /> u;� c ,.•. _-
<br /> -?� �;��,, � � � t�e Property. .. �. . - -
<br /> �,.°��,•. •,• +. g. Eacept as previeut�+�r disclased and ackaowled�;ed in writing ta Lender,.�a�utor and every tenant ha�r�Isi�i:n.are. —
<br /> , .._:#...� and shall remam in full camp&anoe with any w�plicab2e Em�:ornnental t.aw. :�. --
<br /> • . • G Gr�rr.it shaU immediatety notify LenQer if a release or thr�:tened retease of a Hazardous Substance occurs an; `;, G �
<br /> � ' u:.�or about the Property or there is a vf�L•stion of aav 1£nvironmental Law concerning the Prupertyr.U sr�ct�, <; __a__
<br /> � � '' an event,Grantor shall take aU necessary e�,�a1 actton in accordance with any Environtneatal Law. � =.--
<br /> D. Grantor�shall immediatety notify I.ender i:s�writing as soon as Grantor has reason to belfeve there is any ,_ �::.�x..
<br /> . ' pending or ttueatened investig,ation,claim,or prooeedi�relating to the retease or threatened release of ai1�:� �
<br /> � H2�ardous Suhstance or 1he vL��ivn of any Emuanmeat;a9 Iaw. ' ��;.:-,
<br /> � ��,. . .." i�. CONDENiNATION.Grantor will�r�Lender prompt notice of any pending or threatened action,byprivate ar� � �' ��y
<br /> pubfic entifles to purcfi.�.�or take any ar all of the Property through candem�ation,eminent domain,�any other�� ' �.-___._..
<br /> ,-��,�ti: � .�. means.Grantor authvrs".��Ixnder to intervene ia Grantor's name�n any at tlz�a6ove deseribed adinus inr ciaiais. _.
<br /> . . . ;, �•;� Grantor assigns to Lender the pr+oceeds of any awazd or ctaun for damages connected witb►a condemr►37ir�n ar other -r
<br /> takin of a!l a;an part of the Pro e SucL oceeds shail be oon..�idered ents aad wiJl:i�e a lied as rovided ia �'
<br /> � _. . . .� ' this Secttr�y,instnuaent.This ass�'�g ment of proceeds is subjer.t to the t r�m�s of any prior mort�gago.d d of tn�s� ��'
<br /> ` security as,�r"�ement or other lien doauQent.
<br /> .. � 19 tNSURANCE.Grantor shall keep Property insured against loss by rre.flood.theft and other hazards aad ri�tcs
<br /> � � • � teasanabhr,�ssoaated with the Property dae to its type and location.'Ii�is�nsurance shall be maiatained in the amaunts ,
<br />- � � and for t�e j}eriods that Lender requires.'Ihe insurance carrier providing the insurance shall be chosen by Grantor
<br /> � ' subject tcr�ender's appraval,whict�chaU not be unreasonabig withhetd.lf Grantor faits to maintain the caverag�
<br /> ��'.`' . :,� descnbed above,Lender may,at Lerder's option.obtain covera�to protect Lendefs rigpts in the Praperty according .
<br /> ' • . � to the terms of this Security Instrument. �
<br /> �- AU insurance policies aad renewals shall be acceptable to Lender and shall incl�de a standazd"mortgage clanse"and,
<br /> � � � where applicable,"lass payee ctause."Grantor shaU immcdiate/y notify Lender of carcc�lIation or termiaation of the
<br /> - , � insnrance.Lender shall have the right to hold the po}icies and renewals.li Lender requires.Grantor shall immediatety _.
<br /> � � � give to Lender all receipts oi paid premiutns and reaewal notices.Upon loss.Grantor shall give immediate notice to .
<br /> . � � . � the insuraaoe carrier and Lender.Lendes may make proof of foss if not rnade immediatety by Grantor.
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