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<br /> • � 14. DEFAUL7'.Trustoe will t�e in default if uuy party uhligbted vn thr,Sr�:urecl Deht tidh�tr�ntxkc payment whcn due. Trustur �
<br /> will t►e in defuult if a breuch ikcurs uixler the tcnn.r'iit tl�ic;5rcurity U�st�umant ut�►ny ntliet da:ument rxecutrd fiu d�c .
<br /> ; �u�xi�of crrxtinb, securing ur guaruntying dir Sc�:ured Debt. A good fitith helidf by B�nefici:uy that Br�kticlary at any " �
<br /> nme is i��+ecurr wid�res�ect t��any person or ennry i�bligat�d on d�r.S�urr.il D�bt or diat the{�rospect��f any payment at �i
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<br /> , 15. REM�DIES ON DE['AULT. In sunic instances, federd xnd sti�tr. Ir�v wili rrquirr. Baneti�:i�ry a� providc Trustor witli
<br /> • �wtice of the right t�� cure ar ott�er rwtice� und may estahli�l� tima u:hedulcs for iorrci�►xurr actian�. SUI1�C�! l0 [IYtlaC ;J,,:,. ,:� ���,
<br /> limitatiaa�. if any, Bei�eficiary may accelcr�►te the Sc�:ured Dr.ht unct fi�rrclosr this Security It►stntmrnt �n a manu�er :�� • ti
<br /> �_,.., provided hy luw if Trustor is in default. • � • ,��
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<br /> � A t t h e o p tiun of Beneftci a ry all ar xn y put af tl►e ab�reed fc�cs unet chs+rgrs,acinrrd i�tter�st an�l princi pal ,hall he�:ome �•,,±`,,-tiF�,��,-t��.
<br /> � inm�ediatcly due u�xl paya ble,.after giving n�itice i ti reyuircd hy law, u�x�n t he accurrctxc o f a de Fdu l[ �r anp tim r , .;�,;�,. '���"��=
<br /> IIICIC7lRCI. 11 U(Illl�lQp, Be»eficia 1 ' ��,��
<br /> i ry shall be entuled to atl d�a rctu�dias�rovidcYi h� ltiw, d�e temi�uf thc Secured Debt, :�f.����;����
<br /> this Se�:urity Instrument a�xl any related d�xumcnts,includiny withciut lim�u►t�on, dia�«w:r w sell tlie Propetty. �� _ _____ - --
<br /> If there is a defuult. Tcustee shall, ia addition to any othnr prrtnittr.cl mmr.dy,ut th� r�uest of ibC Beneficiary, advertise ,,,'��'"'�
<br /> x�x1�ll the Property as a whul�or in separate pucels at puhlic uuctic►n to thr,higl�ext bidder forcu�h dnd convey abaolute i:�a,�s�;
<br /> ': tide free dnd clear of all right, dtle anc!interest of Ttuste�r at suah timr.and pincr as Truatee design:ttes.Ttustee stuill give r'•��;;,-=
<br /> � nutice of�1�includiug the time, [em�s anci place of sale and a da�:ri�tian of d�e property to �e aold as required by the �,�"r,�;-:`
<br /> � applicable!aw ia effect at the tuue of the propuae�!sxl�. ��;"�"'
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<br /> Upon sal�of[he pmperty and to dic cxtCin uat prohibited by law.Truhtc�sh:�l putice and deliver a deed to the Property ��°_
<br /> a��ld wtuch con��eys ab�olute tide tu the pun.tu�er, xnd aftur fir�t paying all fees, charges aixl costs, shall �uy to ��;:•�_
<br /> • Beneficiary all moneys advanced for repuin. ta�ces, inauran�, iicn.�, as.�s.mieuts and prior encwnl�rnnces and interest �•':=__.--
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<br /> ' thereon. and the princip:� :wd interest un d�e Sc�:ured Deht, paying the �urplus, if fu�y. w Trustor. Beneficiary.may �r��w:;.�
<br /> pwchasc the Property.The recitals in any deed of conveyap►x shull be prima faci�s�vidence uf tt�e tacts set forth thercin_ �,�.,.
<br /> � 'i�. All remedies are disti�kt. cumulative and not exclusive,and the Bencficiury is enddGd to all remedies provided at law or ` ""=="�
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<br /> • eyuity,whetder or not expressly set fortt�.The acceptance hy BaneRcituy of any sun� in paytuent or pamal paymeat on dte _..
<br /> ,�. Secured Debt stfter the bAlance is due or is accel�ratsd or aftcsr fureclw�urc proceediags are filed sh�ll not consutute a ���_°,�
<br /> waiver of Beneficiary's rig6t m requin cumplCta cur�uf any existing default. By aat exercising any remedy on Ttustor's �
<br /> default, Bene6ciary does aat waive Bene�iciary's right tu l�tar can►Jer the event a default if it coatinues or happens again. ����-�
<br /> ��• 16. EJ►TENSES; ADVANCES ON COV�NANTS; AITORNCYS' FEESi COLLECTION COSTS. Bscept when � �
<br /> _._.. _.... . � prohibited by law, Ttustur agcees tu p;ey all_uf Beneficiury's eape►ues if T^ustor breaches any covenant in this Security _
<br /> . laswment.Trustor will also pay un clemanu any xmount inc:umrd ay�Bcucu�i�uy f:,i iasuria�,i��.d:�g,�src�n�ia-�. — _
<br /> • ot�erwise protectin�d�a Propecty and Beneficiary'�sccunty interest.These expenses wip bear interest from the date o�the -
<br /> � ps�pmaent unul paid tn full dt dhe lhighest inten�t rxtn in et�ct as provided ia the tem�of the Secured Debt.'C'rusror ageees -
<br /> to pa y, alt wsts :md eapea�a incurred by B�sarficisuy ia,collecung, enforcing ur pr,otecdng Beneficiary's rights aad _ _
<br /> . temed�es under tlus Security lua�aument. Tdis auuount uu:y�uclude,but is not limited to,attorneys' fees. court costs, aad
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<br /> �• other le�al �xpenses. Ttils Securiry I�.,aum�nt shall r�main in effect undl mleased. Tcustar agrees to puy for :wy
<br /> recordaaon coscs af such release.
<br /> ` 17. �EIVVOtONA�NTAL LAWS AND HAZARDOU3 SUBSTANCES. As u�ed in tlus secdon, (1) Environmentul I�w
<br /> � mean5, witlwut limitation, the Camprohensiva Environmental Rrapouse, Cum�en�tiva and Li�bility Act(CfiRCLA. 42 ;�
<br />- ; U.S.C. 9601 et�eq.),and ull other frr,ciieral, statn und lacxl laws, reguladons, orditw�x;es. couct orders. attomey general -
<br /> � opinions or laterpnpve letters concrmin8 the public health.safery,wetF�re.eavironment or u h•rurdous substance;and (2)
<br /> ' �• H�zardous Substauce meanc any toxic, rudioxctive or haianloas material, waste, �ollutant ot contaminant wtuch l�as
<br /> . " cluracteristics which render the svbstan.e dan�erous or pocendally dangcrous to Wc public health, safety, welfare or
<br />'r � � � � environmeat.TLe tecm includes. without lituitupon, a�y svbstxnces defined as "hazardous material,' 'toxic subsqnces,'
<br /> �. 'hazsrdous waste"or"haz:irdaus svbstance'under any Envimnmeatal I.aw.
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<br /> � � Trustor cepmsents.w�arrants and agrees that:
<br />- • ':-� A.Bxcept as previously disclo�ed and acknowledged in wridns to Beneficiary, no Hazarclaus Substance is or will be
<br />-• � located, stored or relrased on or in the Property. This resmcdon d�s noc ap ly eo�nall quanaars of H�ardous
<br /> - Substarices that are gei�erally recobmizecl to be ap mpriate for the norwal use�maintenunce of the Property. _
<br /> - ;��%y; 8.Except as previously dixloseel:uul aciuwwledg�in wririn�to Beae�iciary.Tn�stor and evory teaant have beea, arC, --
<br />__ � • and slwll remain in full wmpli;uxe with any applicable Env►ronmental Law.
<br /> C,Trusror shall Immediately noafy Beneficiazy if a mlras�or dirextet�ed release of a Harardous 5ubstance a:curs on, �.-_
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<br /> _.,a-r}=�-�"�-� under or about tl�e Property or there is a violadon of any Environraental Law concerning the Property. In such an _
<br />— '"-� ' event,Trustor shall take all uec:essary rcmeciial acdou in accordan�°,with any Eavironment�l i.aw. �__
<br /> �' . • • D.Trustor shall immediately notify.Beneficiary in wridi •as sonn as Trustor 6as c�on to ixlie-�e there i�any pending
<br /> .,�.,. � or thnatened iavestigapon, claim, or praceeding re�aang tu the rele�e ur threutened release of any Ha�rdous _ __�
<br /> ' �• Substance or the violadon of any Environmental Law. --
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<br /> � � 18. CONDEIVIIVATION.Trustor will give Heueti�iary pmn�pt noace of any pe��din�or thrc,ttened acti�n,by privute or public �.�
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