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<br /> • •In the event qf ihe pa�sage of any taw�ieducting irom the Walue of real�raperty for tli�purnoses ai taxatfon
<br /> nf anv lisn th��enn.or chanainn in anv way the laws for the taxatinn o(deeds af trust or debts secur�d by dr�ds of �
<br /> trust for state ar lota� purpases,o�the manner of the catleCt►on or any suci� i���:�,s����:•u`s�=;t�l;n.��Qf Tn,ce; _
<br /> th�hotder of this Deed of Trutt and oi the obligations which ie secures sliall have tF�e nght to dectare all sums secur�d
<br /> hereby due as af c�date�to be speclfied by not less than 3Q days'wntcen notice to be giee� to Trustor by Beneficluy;
<br /> provided,however,that such election shall be ineffective ii 7rustor Is permltted by law to�.�y tho whole oi such tax in
<br /> addition to ali other payirents requ{red hereunde;and it,prlor to such specitied date,da�s pay such tax and aqr�es
<br /> to pay any suth tax when hereafter levied or assessed ngalnst such property, and such agreement shall cunstitute a
<br /> modification of this Deed of 7rust.
<br /> Sums Advanced to Bee�Interest: To pay immediot�ly upon demand any sums advanced or pald by Beneficfary
<br /> or Trustee under any clause or provision ot this Deed of Trutt. Any such sums,unt�l so repaid,shall be secured hereby
<br /> and bear interest from the date it was advanced or pnid at the same rate as such Indebtedness and shall b�setured by
<br /> this Deed of T�ust.
<br /> Asslgnment of Deposits: That as further addltfanal seturity if this be a constniction loan, Truftor hrreby
<br /> tran:sfeES an.c� asstgns ta 6eneficlary during conti�uance of thase 7rusts, all right,title and interest to any and ell
<br /> �rc�ia�s de�asited f�Trustor or deposited on behalf of Trustor with any city,county,publ ic body ar agency sanitary
<br /> dastrict, gas ancN/or N.ettrit co�F►any, telephone company and any Ather bad�or agency,for tha lnstallatjon or to
<br /> sec�.r�.th�installation�of any utoli.t;K iayr Trustor pe►taining to this preperty.
<br /> Gailure of Toustar to C�.�tl.y u+�a4h IDeed ai Trust: Should Maker or Trustor fail to make any payment,or to da _
<br /> a�ey ae�c as pravided in this Deed of T�ust,or fail to perform any obligetion secured by this fJeed,Qf Tcust,or do any att
<br /> Maker ot Trustor agreed not to do, Trustor shall be in defaul� unc�er this Deed af Tru,�:. Ben�fr�4dr.y, t�ut without
<br /> obiigation so to do and without notice to or demand upon 1'rustor and wtchout releasi ng Truatar from any obligatiQn
<br /> herrof and without contesting the validity or amount of the same,rr�a�r la)�ake or d�thcsame in such manner and
<br /> to such extent as it may deem necessary to protect the security hereof,Ber�eficiary being author�zed to enter upon
<br /> such pra�ny fvr such pur�es, and (h) pay, »urchase, contest or¢ompromise any encumbrance, charge or lien, _
<br /> which in its jud�qr�aant is or appears to be prior or superior hereto,and(c)in exercising any such power,pay��eces;d�q
<br />_ expenses,em�9.�r�uunsel and pay his�easonable fees. Trustor agrees to repay a�y amou�tso expended on demand
<br /> of Be�neficiary. , � ,
<br /> iT 1� MUTUALLY AG93EE� TH�►T;
<br /> � Environmental0isclairi�l�r. �fvP3��� .warranu(and this shall be a continuing warra�ty which shaE!sea�vive until
<br /> �•�. a�lilthe obligations of Maker otl'rustt�P t�o Trustee and Beneficiary have been fully satisfEed�.that it i$i�ta�ptiA��e
<br /> - �•with�.�ll federal, state and 104a1 enviro•nmentai iaws ano reyuiatizns and t�as abLS�^�' atr �nyfr�nmF�tta 'oermri�r.a.
<br /> �`�'1'�i��c•eassry or appropriate to ef�s2 Gondutt of its business. There is not pending,nor ta the t'7�sY�i Trusic�'s i:how�c�9��*,.
<br /> a�2;er,�ue inquiry.are th�vr any thrsatened environmental enforcement actions, suiu. or proceedin�s,.die�o�� AnY
<br /> cou?�.tribunal or admini'str�t�•fs body ar official. Trustor,or any responsible officer,general partr�er. or ayent e�f,
<br /> • T�ustar,has r�+2.m�+�has any Yarmer evirner of real propeRy occap,eed by Trustor,stored,us�d or aisposed of any t4��tic�,
<br /> � or.ha:ardo�f��wbstaTCe on its properli�s ar transparted any sur.h�:;�l.istance to ar from i��s mropertles in violatian o�� '
<br /> - �,;� ��n�.present���uust�ng�or prqViOusly�x131t�a��g laws,regulations om r::+.a���ies. The Trustor wi�U�:;�t store,use or dlspo�4p c:I
<br /> ,...�'sa�zh substar�ces�arrti��is propelty. ,: . ' �
<br /> ' Liti�itior�: `Trustor shall defend 4his Trust in any action ar proceeding purporci ng to affect�EUZh property,
<br /> whetMr or nQ1`r�Affects the security h�v:Of, or purporting to a6�ect the rights or powen of Benefic�ary or Trusta+�
<br /> and shall�IR ah�.prosecute all necessaryc►aims and actions to pf�4r�rit or recover for any damaqe to w destrurtion of
<br /> wch property;'ar�d either Trustee or eeneficiary is hereby authm,w�4ed, without obl igatian'so to do,to commencr.
<br /> appe�r in or defend any s}ach action, whether brought by or �j��nst T�ustor, Benefieiary or T�stge,,or with or
<br /> wiihout suit,to exer=ise ofr e�Eorce any other�ight,remedy or pdwr�,t•ava�labZ•���or cenferret! hereund�er,wheth�r or
<br /> not judgment be enterec�in�ny action or proceedmq; and Tru�¢e�;q�,�e e�a.��ary mey appear or it�t��vene in �ny
<br />-;il action or procp��ing,and:ratain counsel therein; and take su�Cv aQqia�n ih�h�iri.ds eitlaer may be advised and may
<br /> settle.complo�n%se'or pay S1ie;same cir any other claims and,in��a:�y�e�+a�f and for any'c�f saicf pur�ases,mty axper�
<br /> - a�d advance;uch'sums oi money as elther may deem necessar�. .tiYhether or not Tri�tQr so appears ot defe�5ils,
<br /> xfiuxtor on dertia�d shaN pay a11 costs and expenses of Beneficiary and Trustee,including cosis of evidence of title�t1ti,.
<br /> g;Z�rr►�y's fe�s�in s�easonat�e sum,in any such attion or proteeding in whith 9enefitiary or Trus���e�<<^�Ay sppear by
<br />�;u virtUe of 'bbinq made a party defendant or otherwise and irrespective of whether tl-�g,interest +�i�¢�eneficiary ar
<br /> = Yrustee in swch propetty is direttly questioned by sueh action�, including but not licnn+teai to any action for,,th!
<br /> = condemnetion��r partii�a�n�af such property and bny suit broughi�y 8eneficiary to forao�dsz this Deed of Trost. �� ��,
<br /> Condemnation: ':�11 sums due,paid or payable to TrustOr,or any successor in interest of Trustor,whether:�� ; ,.
<br /> way of judgment,settlernent or otherwise,(a)for injury or damage to sUCh property,or(b)in tonnection with,7�rp ';
<br /> .,,: �
<br /> condemnation for pubtic use or injury to such property or any p�r.t thereof,or(d in co�nection with the transac,��mr�:',:� •' .,
<br />— financed by the loan secured heroby,or(d)arising out of ali c�uses of adion, w het h�r accsuing before or afta,o�ihp .�''
<br /> - date of this 1�led of T�ust,sounding in taK or contract, inclv,�:+na causes or actfan i�s�r 3raud or concealment,�:��a�'
<br /> msterial fatt tagether with the settlements,proceeds,awards'�isd damages,difect ant4 �;�nsequential.in connet?di�ai�
<br /> therewith,ate herebSr abs�lutely and irrevaahly assign2d and shall be paid t�Beneficiary,wl�ect_►�owever to the
<br /> �i�[�ts 6f tQ'aE��'�de►ot a�y f�r�or lien. Benel�uary sliall be en�.cRv:sl,ae its opcion, ro com�*�+ence,inte��������n,appear in
<br /> and prosece�tc�i�,ur,s oMr�n�eame,any action or proceeding,or t�ai�+!nake any comprornis� or settlerrse���ti,,�n connettion
<br /> with eny suct�z;�kor�g or dxmage. Trustor agrees to ezecute�R��'�further assignmenu c�f any compensation,arward,
<br /> damages,�eght�of actbaeo�e�d proeeeds as Benefi�iary ma�rr¢�u�r�e.
<br /> The amount re�eivrd by 8enef c�ary perwsuant t6 this�red of Trust under any fire or other insuran�e policy.in
<br /> ��n�.rrinn with anv condemnation for pubiit use er4 c►r irr�aryr to weFe pra�serty,for injury or damage to such
<br /> �- - -�_-� _..w...�..t....
<br /> property.or in connection with the transaction financed by tne rman secured'nere�sy a�:r i�.�oNr���.•a•-•�-��-•-
<br /> - of Benaficiary upon any iRdebtedness secured hereby. I�cs suclK application, use or release shall cu�e or waive any
<br /> default or notice of default hereunder or invalldate any act done pursuant to such notice.
<br /> Cnnsent.Pa►tid Reconveyance.Etc.: At any tlme.or frorr�time to tim�,without Ifabillty therefor,and with�ut
<br /> - notice,upon written requ�st of Benet�ciary,and without affecting the personat liability of any persa�+fdr payme�t o�
<br /> the indebt�dness secured hereby,or the lien oi tMis Qeed of Trust upon the remainder of suth property'for th�r full
<br /> amount oi`t.�� ;ndebtedness then or thereafter, secured hereby or the rights or powers of the Beneficiary of the
<br /> - Trustee wftN re���ct to the remainder of such propr►ty, 7►ustee may (a)reco�vey a�y parc of such praperty. (b)
<br /> -- tonsent to ti�e m��kl��g of any map or plat thereaf, (t)join in granting any easement thereon, o� (d)join in any
<br /> extension agrexsme��t or any agroen+ent subordinating the lien or charge heraof.
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