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<br /> oxecated for the purpaK of creating,sicuring ar gunrintyin�the Sccurcd Deh6 A gcxxl[nith belieI ay t.enuer�hi��
<br /> l.endcr at any timo is insecurc v�+ith respect t�i Rny perscan�r cntity ohli�;ated on thc Sc�urcd Aebt or ttiat thc pr�u{N;ct
<br /> af any payment a�the value of the Propurty is Impaircd�hn11 nlsn cunstitute an cvent uf defi�ult.
<br /> 15. R�MEDI�3 ON U�6AUI.T. In same instances, fcderal and stntc law will rcquirc Lender tu pravide Grantar wi�h
<br /> no:9ec oi the right to cure or e�iher natices and may establi.h time uhedules for fnrcrlasurc nctivns. Subject ta thesc
<br /> limitatians.if any,Lunder mny aecelerute the tiecured Debt 1nd iurccluse �i�is Sticurity Instrume nt In a mann:r
<br /> provided by lnw it(irdntor is in default.
<br /> At thc aptinn of l.endcr.all ur miy part��f thc ag�ced fccs nnd char�;cs,uccrucd intcrc:st and principal shall bia�ma
<br /> tmmediately due anti payable.after giving notice if n:yuired by IA�v,upon the occuncncc of a defs►uit ur anytime
<br /> thereafter.ln adtiittc�n,I.ender shull tx:entitled ta all the remcdies provided by law. thc tcrms ot thc Securcd Aebt.
<br /> this Security Instrumcnt and any related documents,including without limitation,the}wx•er to seQ the Properiy.
<br /> !t there is a default,7Yustee shall,iu addiiian ta a►ny otlier pemiittc�remady,at the requcst of thc l..ender,advertise
<br /> ��»�he propeRy as a whale or in separate ps�rcels at publ'�c Huction ta the highest bidder for cash und convey
<br /> absolute ttile free and ctear at a11 right.ttt4o and interest at Grantar t►t such time and placB as Tn.utee designates.
<br /> 'i'rustee shall givv notioe ot sata includtng the time,temu and place of sale and a description of the prc�porty ta t+e sold
<br /> x�required by thc apQl'�cabk law in effect at tha time oi ths praposed sale.
<br /> Upon sak ai tho ptope�ty and to the e�tent not prohibited by law.Trustec shall mnke and deliver a deed to the ProQercy
<br /> suld whicfi wnv�ys abso[ute title to ttw purchaser,and after first paying al!fees,charge�and oasts,shall pay to l.ender aIZ
<br /> moneys advanced for repairs,taxes.insur:u�oe;,tiens,as.s�xsments und pnor encumbranccs und interest tbcreon.and the
<br /> priacipal and inier�st an the Secured Debt,paying the stuplus,if any,to Grantor.L,endtr may purchase the Property.
<br /> '�e recit�ls in any deed of oonveyance shall t�e prima ia,cie evidence of the facts set forth therein.
<br /> �p remodie.s are distincl.�umulative and noc excl usi�e,and�he I.ender is entitled ta al]remedi�s provided at law or
<br /> eyuity,whethec o,r nut expressly�.^.t foRh.ThP Acce�xa�ae My I.ende�of a�y sum in paymeat ar partial paym�nt a►n the
<br /> Secured Ih:bt�Yter the balance�s due or is accelerated or after foreclosuee praceedings are filec�shal!not oanstitute e
<br /> waiver af Lenrlsr's right to require a�mplete cure of any sxisting defc�ult.8y not exercising aay eemedy on Grantor's
<br /> default.Lender does not waive Lender's nght to later consider the ev�:pt a default if 3t continues or happens again.
<br /> 16. EXPENSES;ADYANCES ON COVENAN['S;ATTORNEYS' KEES;COLLFCt10N CdST9�Except when
<br /> p�o6ibited by law,Gn+ntor agrees to pay sll of Irender's expenses if Grantor breaches any covenant in this Security
<br /> [nstrument.Grantur will aLso pay on demand any amount incuned Yay Lender for insuring,inspeCting,preserv[ng or
<br /> �iherwlse proteaing the P�operty aeod Le�der's security intcrest.'I�ese expenscs will bear interest from the date of
<br /> the payment until paid in full at the hig�t inccresi rat� u�effect as pmz7ded�a tts=S�rr�� �f ttie S�cured DebL .
<br /> ¢3t�tntor agrees to pay al!cc�ats and expenses�ncurred by Leodes in callecting,enforcing or proteccinR Lender s dghts
<br /> •an�fi remedies uncler this Security iastrument.This�tmount may include.but is not t'�rtuted to,uttorneys'f�ees,cowt
<br /> ,cA,fiu,and other kgal expenses.This Stcurity lnsuumont shall remain in effect until released.Grantor agrees tW pay
<br /> for any reoptdation casts ot such release.
<br /> 17� ��pN1yF1YTA1,LAWS AND HA�A►BDOUS SUBSfANCES.As uscd in this scction.(�)Environmental Law
<br /> �,�,��v�����n,�hc Compreheesive Environmental Response.Compensati�an and Liability Act(CFRCLA. �
<br /> 42 U.S.C.960t et seq.).an�1 all otAer federal,stpte and local laws.reguladons,ocdinances.court orders>�attorney .. ,
<br /> general opinions or intetpretive Ictters conccming the public health,satety,welfare,environment or.0 has�rdous
<br /> substance;and(2) Naz�vdou3 Substsnce means any tox�e,radioa�etive or haizurcbus marerial,waste.p6Uuiant or .
<br /> �s���w,�}i b���atacieristks wtiicb render the substance dangerous or potentially dangerous to the publiv �
<br /> healtb,satety,wetfare or eavironment.'11ie term includes,without IuYUtation,any substances deCined as"hazarAous
<br /> material,""toxicsubstanas;'"hazArdcwswaste"or`"Tu�ardous substance"underany Eavironmentall.aw. . .
<br /> Gtt�ntor nprcscnts.warrants and agrees tha� -� �:
<br /> , p►. Eacept as pnviously disdo�:°d and actnowkdgcd in writin�to ixnder.no Hazardous Substs�acc is.or�avll�be
<br /> IocateJ.stored or released on or in the Pcoperty.Tteis restriction dces not apply lo srnell qu#�nYieib �Qt-�.
<br /> ga�dous Substances that are generally reougniud to be a�►proQriate for the nnmul ase and maintenaace of.
<br /> � thz Property. .
<br /> � g. �«pc as praviously disclosed and ncknowledgcd in writing td[;e�der.C3r:intos Anc1 ev�ty tenant have been,are, �
<br /> and shall retnain in full canpliance with any app�icable Environmentul l:aw.
<br /> ' C. Grantor shall immediateiy notify L.ender if a rekuse or thrca:cned releate'n4 a Hazerdous Subst�noe occurs on,
<br /> undei or ebout the i'roperty or therc is a violation of any Environmental Law oonaming the Propetty.In such
<br /> an evcnt,Grantor shall take all nctcssary nmedial actio»in acoordance witb any Environmental Law.
<br /> D. Grantor shall immediately nod[�r LendPr in wrlting as soun as firaniur has reasan to b�lievc ihexa is suy
<br /> pending or threatencd imestigation.claim,or Rroceeding relating to the releue or ih�'catened re'le�s�of any
<br /> Hazardous Substance or the viotation ot any Errvironmental Law. �
<br /> ' 1$. CONUElNNA7iON.Grentor will give I.ender prompt notice o�f any pend'sng or threatencd ardon,by private ar
<br /> public entitics to purchase or take any or a11 oi the Property throu�;'�vondemnation,eminent domain,or any other
<br /> means.Grantor authorn.es L.ender to intcrren�in Grantor's name in any of the above dcscribed actions cn claims.
<br /> Gruntor assigns to 4ender the Pzo�ccds of any award or claim for damagcs connecied with a oondcmnation or othcr
<br /> talcing of all or any part of th�e PropertY•Such proceeds shall be considered pay�nents and will be applied aa provided ia
<br /> this Security Iestrnmeni.'itils assi8am�snt of proceeds is subject t�n thc tenns of any prtor mortgage.deed oi m�siti�
<br /> security ageement or ot}K:r 1'�cn documec�t•
<br /> I� 1NSIIAANCi»Grantor sk,al3 keep 1'roperty insured against Ior.0 6y�Cra. [luud..i9�cf�:and,uther I�zarci�s and ri�ks�
<br /> reasonabl associated with the Properiy due to iu typc and lacatian.�'his�nr�urana:simll:�5e ma3ntaimedi in t1��:nr�uunts
<br /> �e.�.,p�tiuc I�nder reauires.The insurancc carrict pro�4d6ti��.t:l►e in�siu�sUa11 t��.t�tor;eff.lyy Cir.uune
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<br /> subjcct to Lender's approval,which shall not be unreasonaDiy wtrntteio� II i.�ni�ir i���n.��µ�o:,�a.�.�u•::�;.e=
<br /> describcd aLove. under may,at Lender's option.d+tain covcragc tu p�nluai�G:�er�k:r 5 ni�l�ty in the Properry accorilia�g
<br /> to the tec�ms of this 5c.'curity IattnuneGt.
<br /> All insurance policies und renewals shall be axsptabic to Lender and sltuil�incfbdt�ust�amdard"mortgage clause"and,
<br /> where�pplicablc."lcns paYee clausc:'rrantor shall immedtately notcfy C..un�llsr nf�ncellatiun or termination di the
<br /> insurac�a.l.endcr shall have thc right ta hald thc pafi��c�and renew�is.IF l.w�ndcr requires.Grantor shall immediatcly
<br /> givc to l.endcr all reocipts of paid premiums and ren�wal nc+ticcs.Upon lass.Grantor shall givc immediatc nutia:to
<br /> thc insurancc carricr and I.cndcr.L.ender may make proof of k�s if not madc immcdiately by Grantor_
<br /> (OoDe 3 d�)
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