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<br /> ":�°�``'� 97� ioiis� oe/is/199�
<br />`.r���,�„ MARK MCNI3H
<br /> t�,�,.zr��� ' ' IS. B�+rower'd RipM tn �elas�at�. �Vutwi�hstandin� Lender�S �CCItI�t�Op Of(I1G StU118 6CCUIC(I I3}I tW8 D!L'Q Of
<br /> • � Truat, due ta Bormwer's brkach, 7urrc►�ver shall have the right ro have any proceedinga be�un by Leuder to enfotce thie
<br /> , ;� Deed of Trurt dise:antinucd ae any r.mc prinr to d�e rarlier to occur of(i)the fifth day before tbe sAle of the Property __ _
<br /> ' punuant t�i the power of sxl����nia���r+l i,i riiis Deed of Tn�st or(ii)entry of�Judgmcnt enf��c�ng thls Deed of Troat if: (a) _
<br /> � "s Bormwer pays Lsnder dl �ums �uhi�li w��uld be then due under this Deed of Trust and ttte Nae had no acceletAtion _
<br /> •� cxx;uneQ; (b) Borrower curC,all hrcaches ��f any other cave�un�s ar �Qreements of Borruwer contaiaed in thia Deed of ___
<br /> , , •� Tn�u; (c1 &�rrower p�ys HII rcati mxhlr rx�►enses itxurred by I.ender u�d Trustec in enforcin� the coven�nq a�! W
<br /> �greemcnts of Borxo�ver cnntained in �i�i, nrecl of Trust and in enforcing I.ender's and Tnuta's nmcdies�s provided ln
<br /> :.'� paragraph 17 hateof. including. huc uui li►nited to, reasonable attameys' fas: uxl (d) Hoeeowee uaces sucl� acdon �s �'`.
<br /> ;y'�� '; l.euder ttuy nr�st►n*bly r�qnin: m :,s,ure that the licn of this Deed of Trust, Lender's interest ia tde Property and _
<br /> - &�rrowa's obllg�tlon tcr pay cna �unu securrd by this Dced of Trust slull wndnue uuimpatred. Upon svch p�yment�wd
<br /> cura by &►rrower. this Deeu or"i rust :�nd d�e ablig�aar� secured henby atull nm�in in full force ud effect �if no
<br />= --^---.„� Aa:eleradon had oocurr�d.
<br /> • �� 19. Assl�tnent ot Rentss Appointment of Reed�en Lendar �e Pbs�e�alon• As addidonsl security heceuader,
<br /> • Botrower hereby assigns to ixnder d�e reuts of tde Property, provlded t1�t Horrower stnit. prior to acceletxtion uader ° -
<br /> ` pacngraph 17 I�ereof or abxndnnmeiu ot che Property.IIiVC�IIG�I$tl�IO CO�1CM 11LlI IGI�Q 6UCh DCL�S i5�Oy bGCUV1C�1�.'illd
<br /> : �r.�.....� payAble.
<br /> y.=:,�-`:-'� Upem atteloretion und�r paragraP�� 17 t►ereof or abu�donment of the Property, Lendcr� in persan. by sgcnt or by -
<br /> judicially appalnted receiver sl►all he entuled to enter upon. take possession of and nv�ge the Pcoperty And to collect she
<br /> _ ���+• " rents of the pmpercy inclu�ing ch:�:e rasc due. All rents collected by Lender or We receiver shall be applIed flrst to -
<br /> payment of the costs of tnuui;�ement c�F the Pmperry wd collecdon of ttnts,including.but not llmited to.receiver's foes,
<br /> ,;�-�;��,��g promiuias on tscetver's bone�s and reasonable attameys'fees.and tlien to the sums secural by tlus Deed of Tn�st.I.ender
<br />� �'"��'"; uKl the teceiver shxll be liablc co aa:nunt only for those ttnts actoally taeived.
<br /> h���•.. 20. RecoaveyAnce. U�n pnyroen� ^f all sums secured by this Deed of Tnut. Lender sball request Tn�stx to
<br /> -�•��� . recoavey the Property and sh,�ll.�ur�en�fer chis Deed of Tcust and all notes evldeneing iadebtedArss secured by tLis Deed of
<br />�- '" �� Trust to Truste�.Tnutee shaU ra•�onvey�he Property without warnnty and vdthout chuge to the person or persons legally
<br />"""'�'�r entided thento. Such person or per�nn�shall nay all costs of mordadoa,if iuy.
<br /> ,, ,.,.,
<br /> �'°",:,�.}� 21. Subetkute Tn�stc�.Lr.r.���r. ai �_�uder's opdoa, may from time to time c�emove Tnutee and appoint a svccessor
<br />-�;�''S;.
<br />--,;;,,� trustee to any Tcustee appointrd hr�ei.�dr.r by an Insaument recorded in the county in which thls Dad of Tcust le
<br />=-�n';'�u'79� recorded. Without conveyance ot �he Pro�rty, the successor tnutee st�ll succeed to all the title, power wd dudes
<br />_�;;,;�.�� confern�d upon t6e Trustee herein and by a�nlicable law.
<br />—�:u:�`•--- i.1. icequeat for i:i,i..;�. R;�:rr•.:;.r r�uesss s2s»! r.api� �f sh!�atie� ef�le�»I� and mtice of sale be seut to
<br /> -- Hocrower'�acldres�whlch is tlie Pn���err�Address.
<br /> __�'�f;h_ • 23.Haa�rdous Substn�ccs. Borruv�i shxll not cause or permit tLc presence.use,disposal,stor�ge.or nlease of any
<br /> ---r�`��'-�'�•'�' Huardous Substances on nr in die Prrp�:rry. Bortower shall not do. nor nllow anyoa else to do. anytbing afhcdn� dx
<br /> �—� tLA�i��.
<br /> — Property thxt is in vtoladon of eny F.m�tranmentx!Law. The preceding two sentences sha!1 nM tpply to the presence.uae,
<br /> ----— e�r stor9ge ou the Propeny �f tn�ai' quantitiec of Ha�rdous Substances that are genenlly rxognized to be Rppropiiate to
<br /> _= nnm�al tesidendal ases and m mxin�en���ce oi rhe Property.
<br /> Aorrower shall prompcly�i�c l.rm�c•► �vritten nodce of Any iuvesngadon. cl�im,denund,lawsuit or other aedon by
<br /> -- Any governmental ar regulatory aceu�y nr prlvate patty involving the Property �nd any Nazatdous Subsunce or
<br /> ��+��� Emironmeatal Uw of which Borrower liay actual knowledge. If Borrower lestrns, or is notifxd by any govemmeatal or
<br />`__�� regulatory authority. that any remuval ��r other remediadon of any Htrardaus Subsqnce �ffecdn8 � P�nY �
<br /> ' �csssary.Borrow�r shs�il prompdv wl:c aU necessary remedial s�cdous in accordance with Hnvimnmental Law.
<br /> As usrd in tlus pxreg�'apl� 23, � Hn�ardous Substances" ue those subsunces defined as toxic or b�urdous substances
<br /> -- �"`�- by finvironmental Law uxi �lie iuiw�viug substaoces: gasolii�e. kerosene,other flammable or toaic petroleum pmducta,
<br /> . _ toxic pesticides u�d herbicide�. vi,ln;ilc wiv�uts.materi�ls cont�ining asbestos or formtldthyde,smi!radioactive materhls.
<br /> As used in this pacagnipli 23, 'fsn�:i�n:,�ruis: Law' nx�ans federal laws and laws of the jurisdicdon wh�n the Pcoperty is
<br /> — locnted tl�aat relare to l�ealth, aa(rry v�ru�ii���unental protecdoa.
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<br /> NtDta�k�261476-3 7/97 Original(Recordud) Copy 1Hr�nch) Copy(Cu�tos�r) Pa�e 4 af5
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