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<br /> • Itcn of thie Uccd oP Te�u�st for thc uil aniount sccurcci
<br /> purpasc or obJcct sati�sfactory�to L�:ndc�«�thoi�t nt�cct�nK'+eution af{xocccd�to �ndebtc�d�ss sholl nat Qxtcnd of , , __
<br /> hareby bcfore such paY►nont cvcr took p�aco. Any app
<br /> postponc thc duc Mt�of any paYments undcr tlic Notc,or curc any dcfuult thcrcundcr on c�rcundcr. �
<br /> n written dcmnnd by 1.cnder,Trustor shnU paY to Lc►►det.►n such manncr as l.endcr may
<br /> • 5 Escro}y. Upo �F tllcy bccomr,duc onc ar morc of thc following: (i)ali wxcs.
<br /> � dcsignatc, suPficicnt sums to cnablc nsd���o��, �i�� �� �cmiums on thc propertY �nsurancc «A��� .' '
<br /> assessmcnts and othcr ct.AT$CS ABa c insuruncc rcquircd bY Lcnd�r. �,'
<br /> .,,.-a�" hereurn�er•�nd(iii)the premiums on uny mortgn8 �� ��ndition
<br /> • � �hrr_wtth Laws. �'rustar shaU k�ep the Ft�ertY & `.�:•'
<br /> 6. Maint�Remirs_� � t�-�----- � .,r_
<br /> and rep�zic, shall promptly repair, or replacc, any impro�em h�11�t�eix►��e,dcmo shor substantial��'a���r M7' �•::;.��r��--�
<br /> a�aste or detcriorauon of the Proi�ertY: �m� � �` • -
<br /> oommit or permit any , -- �
<br /> •�•�.�y----
<br /> of th�improvements on the Propem•:S e�l�tion; andt stulUe�romptly dise�aCBe�a Trustor's cost and e�cp��� �'''`'""--
<br /> : � in vioia:�aan of any law,ordinance oT 8�1 or any p�urt►heteof
<br /> sed or ossessed ag.linst the PropertY ,
<br /> liens,encumbrances and�1�ar8a lev�ed.�p° `:,
<br /> � � 7. Eminent Do�• �n�r is herehy assiSned sdl compensation,awards.dun►ages and other payments :,__�.,
<br /> ,��� or theroaf, .:.,tis:�.,
<br /> � or relie3'(hereinafter"Pracceds")iA���uoll���th condemnadon or other takinS of the��rtY � ln and ' •"��c`�F:
<br /> . _.' ���Ji�_
<br /> '.:�;�:;.; �`� or for conveyance in Ueu of condemnation. Lender s6a11 b:eudtled at its option ta coae�mence. appear . - _
<br /> ,;, .� is so taken or ;.' '``
<br /> ,,. 7,; prosecute in its o�vn name any action or praceedings,and shall also be enti�ed to��e��m pro��or set• ,.,4��';•.
<br /> ' tlement ic► coUnectipn�v�t1� buch �Qns or damuge. In the event any po
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<br /> � � damaged, Lender slu�ll have the option, it i1s sole and absolute discsetion, to apply a1� s n���'���� ''• ��, ,,�:
<br /> � '� ,�` deducring therefrom all costs aad expenses incurred bY it in connection wiii�such Proarods,upo ��l�
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<br /> sec��red hereb!v and in such order as Lender may deeermine.or to apply all such Proceeds. ��u0n of�OPro�s to ����•�=
<br /> . " the restotation of ilr.Properi3'nPon such oonditions as LendeT may det�emdne• AnY appu . L,���
<br /> '�/��F ,,, ne the duc date of any paYments under the Note, or nue any default �i Ys�
<br /> � �ndelxedness shall not extend or posepo d to Trustor. �j��'��'"
<br /> .�: thereant3er or l�ereunder. Any unap�plied fbnds sha!!be P�
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<br /> • ;'•�!�'F� g p��orn�ance tn•L�nder. Upon the occuaence of an Event of flefault M�i�iuix�r•�r if any act is p .a,��,`�`
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<br /> � ,�.. :�:'.. or legal pcooeeding commencai.atdch materiain•ui�a:u�ndcr's i�si�z�:ir.�Pr�n�er�t3r.Lender muY in us own ,
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<br /> discretion,but�;��iaD�out obligation to do so. and wichout nouce to or dernand apon Trusaar and without releasing __ _—
<br /> ;� Tmstor from an}�'b�igation,cb any act which Truscor has agrecd bat fv9s to do and may elso do anY othcr act it � --
<br /> . � deems necessury to pcotect the security hereof. Trustor shall��i�d�in�nnecaon�thaMOxercise by Lender of — -
<br /> w . Lender all oosts and cxpenses incurred and suma expendod bY
<br /> the foregoing dghts,togeth�r with interest thoroon at the default ratc pmvided'u►the Note,which shall be ndded tu __
<br /> �' Q►�uM3ix;►ad�t�,ss s;,cctrd heret�'. Lenc4r ahall not incur anY liability ber►use of anytl�►g it�nsry do ot omit to do ---
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<br /> hercunder.
<br /> � 9. un.:.rdnus Matorials. Trustot shall kcxp thc Property in oomplioncc with all applicnblo laµti,
<br /> ordinanecs and regulations rclating to industrial hygienc or envimnmcntal protocdon (oollectively referrod to -
<br /> hcrein as"F�nvironmcntal Laws"). Tn�stor shaq kocp thc Property fra from all substances doemod to bo hazardoua
<br />; or toxic under any Eavironnxntal Laws(oolloctively rcferrod to herein as"Hazerdous Materisls"). Trustor her�by
<br /> :< warranta and represents to L.ender that there are no Hniardoag Matori�ls on or uader the Pcopercy Tcuator henby
<br /> agroes ta ind�emnif�and hold hamiless Lemser,its dirxtors�offiars.employees and agents,and any suoaswrs to _
<br /> • .:{� Lender's interat, from aad against any and all claims,damages, loss�s and liabilltia azising in oonnoction with
<br /> the p�csecwc, use disposal or tcanspoK of any Hazardous Mat�dals on, w�der,from or about the Property. 'I'!�
<br />_ � FOREGOING WAItRANC�S AND REPRESENTATIONS,AND TRUSTOR'S OBLIGAITONS PURSUANT TO
<br /> TF�FOREGOING INDEIui�IITY.SHALL SURVIVE RECONVEYANCE OF TEIIS DEED OF TRUST. — �
<br /> ,� - . 10. �4ssignment of Rent�. Truston c�reby assigns to Lender the rents,issucs and profits of the Property, _
<br /> � providod that Tcustor shatl, untll the oocurreaoe of an Event of Default hercunder. (iave the right w oolloct and —_ -
<br /> , retain such rents, issues and profits as they beoomc due and payable. Upon the oocuncnce of an Event of Default, ---°�
<br /> Lendcr may, eithet in p�rson or by agent, �vith or withoat brin�ng any action or pr000eding> or by a rooei�•er �'-��-- __ �`
<br /> appointod by a oonrt and�vithout regaud to the adoquacy of iu security,enter upon and take possession of t6e ' �' ��''
<br /> Propecty, or any part ttkreof, in iu own namo or in the name of the 'IYustea,and do any acts which it doenu � 'm
<br /> neccssary or desirable to prescrve the value, marketability or rentability of the Property,or any pazt theroof,or ��#Yr`
<br /> interest therein, incre�se the income therefrom, or prouct the sc�curity theroof, and, with or without taldng �'ys � s,,,:w.
<br /> possession of the Propeny, suc for,or athenvise collec�thc rents, issues and pcofits theroof, includipg those past ;� ;;,
<br /> due su�d unpaid,and apply the same,lcss oosts and expenses of operadon and oolloction including attorney's fca, � �`°r- •�����.'
<br /> upon any indebtedness sccured hereby,all in such order sis Lender may deteru�ine. The entering upon and takiag �`'�;��:��i;--
<br /> possession of the Property, tlie oollection of such rents,issues and proRts and the application theroof as afocesaiQ - ''��"�':'
<br /> � shall not cure or waive any default or riotice of default hereunder or invalidate any act done in response to sucb ' �
<br /> dcfault or pursuant to such notice of default and, notwithstanding thc oontinuance in possession of the Prop�rty or � '
<br /> —.. ..." the collectlon. rcreint and annlic�tinn nf rer.te icnu�c nr rrnffe orvl Tn�ctrw �...� t a..,,�.. �t,..n � .....:a�,,, ' - --
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<br /> exercise every right providod for herein or by law upon occurrence of any Event of Default,including with�ut limi-
<br /> tation thc nght to excrcise the pow•er of sale. Further,L.ender's rights and remedies undcr this paragraph slu�ll bc
<br /> cumulative with, and in no way�a limitation on,Lender's rights and remedies under any auignmcnt of Ieases and I
<br /> _ � rents recorcied against the Property. Lender.Trustee and 4he receiver shall be liable to account only for those renis
<br /> J actually received.
<br />_ ;" � 11. E�•ent�of Dcfault. Thc following shali constitute an Event of Default undcr this Dced of Truss:
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