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<br /> uxccuted far t�ic��` "Ut`'ur.�' ''�tcurin or uarunt in��lic Secur��d D�bt.A �ixJ�nith hc cf b undcr thsn
<br /> p�lt�nse� � .�1+ng. ' 8 A Y b B Y
<br /> I.cndcr et nny timc is insecuro with respcct to uny{x:r�on nr untlry aMligatcd nn thc Sccurcd Qoht or thnt thc prus�x:c�
<br /> ai nny pnymcnt or thc valuc af thc Yniperty iy impnircd ylu3ll nl�o re�r�stitutc an�vunt of dcfuult.
<br /> 15. REMEpI�',S ON DEFAULT.In somr, instatncee,federnl And�tnto IAw will requfrc l.cnder tu pmvldc C3rantnr with
<br /> nuticc ut tl�c��igl�t io cur�ur utl�er nutic�.y unJ cni�y cstiibli�;h timu�:hcdutcs fur ic�rcclasurc actlnn�. Suhject to thcsr
<br /> Iimitallons,ii any� Lcndcr may accelerute the Secured Deb►nnd forccfasc thtF Security Instrumcnt in n munncr
<br /> provtded by law if C}rnntar is in default.
<br /> At the option of I..ender,nll or nny part af the ugreed fees and chnrges,nccru�d f�terest nnd principal shall bc�rme
<br /> immedtately due anJ payuble,niter�iving natice if requtred by Ixw,upon the occurrence of u default or anytim�
<br /> thcrentter.In addRtion,l.ender shaQ bc entitled to ull thc remedie:.r•provided by luw,the tcrms of thc Sccured Deht,
<br /> thls Sccurity lnstrument a�sd any reluted dncuments,includin�;without Iimitation,the p��wer to scU the Property.
<br /> If there is a default.Trustce shall,tn additlan to any othec permitted remedy,at thc rcqucst af thc L.cncicr,�dxertise
<br /> an.�se!!the Property as a whole c�r in separute parcels au public auctiun tu the tr.ighest bIdder for cash asts c�unvcy
<br /> nd��.�IIute title free and cle�r af all right,tidc�and interesq vf GraMw�at such tirtt�:and place as Tretstcc detiignates.
<br /> Trustee shall�,r'�ve notice of sale including the time,terms and place:o€sa�c an�a descri�tiUn of tF►e pro�erty to t►e sold
<br /> as required by the applicable law in effect at thc time of thc propcased sale.
<br /> Upon salc of the praperty and to the extent not prohibit�d by la�v.Trustce shall make and delevcr�dred to thc Property
<br /> sald which conreys ai��luta;ter.�e ta the purchaser,and afrer first paying all fecs,char.�c5 and costs,shall pay ta U..ender all
<br /> , moneys advaneed for u��a:jec�,eax�s,insurancc,liens,asscssments and prior encumtnrc�n��c:s and inter+est thercom.and the
<br /> pdncipal and io�2�a�est un tkai 5ecua��!E�ir,l�r.,�aying the surplus,if any,to C3rantor. 2.ender may���crt�ax the Property.
<br /> The recitals In any deed oY ennvey���e sh��il t�e pnma facie evidcncti:of a4se facts sct forth therei�.
<br /> Al!remedles are distinct,cd�mulad��e a��d nc�t exclusive,nnd the Lxn:l�r is entitled to all remed�LS�4vi�lic:fl�D�f�w or
<br /> Y quiry,whelher or not expressiy�s�t forth.'�'he acce�t�ncc 6y Lcnder oi any sum in paymcnt or parnat paymrr:r���,jn the
<br /> a�:cured Debt after the balancu is due or i.�m�csleea,¢�.c,1:�r after foreclosure proceedings are filed shall not ennsriiute a
<br /> waiver of I.ender's right to require wmplete curc a't;•,•r�}existing default.By not excrcising any remcdy on Gruntar's
<br /> default,L.ender•dues not walve I.ender's ri�;ht to later consider the cvcnt a default if it continues or happens again.
<br /> 16. EXPEN3ES: �'�VANCES ON COVENANTS;ATTORNEYS' FEE5:COLLECTION COSTS.Except when
<br /> prohibited by law,Grantor agrees to pay all of I.ender's expenses if Gruntar breaches any covenant in this Security
<br /> Instnement.Grantor wlU also pay on demand any amount incurred by I.endcr for insudng,inspecting,preszrving or
<br /> athcra��.e�lectiag!he Pro�ert;ans!L�ndcr's s!�c�rity�nser?�t: Thc�ce ez�ences will bcar interest Gom the date of ,
<br /> the payment until paid in tult at the highest Interest rute in effeat as provided in the terms af the Secured Debt.
<br /> Grantor agrees to pay aU costs and expens�.�s incurred by Lender in coilecting,enfoning or prot�eting Lender's rights
<br /> and remedios under this Security Instrument.This amount may include,but is not iimited to, �ctorneys'fees,court
<br /> � cnsts,and other legal expenses.This Secur[ty Instrument shall remain in effect until relcased.Un►ntor a�ee;s to pay
<br /> for any recordAtion costs of such release.
<br /> � 17. ENVIRONMENTAL LAWS AND HA�ARDnU5 S�&TANCES.As used in this scction,(1)EnvironmcA�tal Law
<br /> mcans,withaut limitation,the Comprehensi+re Environmental Response.CompensuUan und Liability Act(CERCLA,
<br /> 42 U.S.C.96Q1 ct seq.),and ell other fec1eral,stat�and lacal laws, rcgulations, ordinanc�:s,court�rders,attorney
<br /> general opinions or iaterpretive letters concerning the pablic health,safety,w��tare.environment or a haxardous
<br /> substance;and(2)Hazardous Substance means any tox�c, radioactivc or hazardous material�waste, pallutAnt ar
<br /> contaminant which has chsractecistics which render the substance dangerous or pntendally dangerous to ihc publie
<br /> hexlth,safcty,welfare or environmen�'Ihe term includes.without limitation,any substanc�5 deGned as"hazardous
<br /> roatedal;'"toxic substances.""hazerdous waste"or"hazardous substaace"under any Environmental Law.
<br /> Chantor reprc�ents,warcants and agrees th�2: '
<br /> A. Exoopt es previously disclosed and aeknowledged in writing to L.�nder.uo Hazardous Substance is or wiU be
<br /> located,stored or released on ar in tlte property. This restriction does not apply to smaU quantitios of
<br /> Hazardous Substences that are genei�Uy recognized to be appropriste for the normal use and maintenance of
<br /> • the Property.
<br /> B. Except as prevtously disciosed end acdtnowledged in writing to L,ender.Grantor and every tenant hav�been,are,
<br /> and shall remain in full compliance with any appticable Environmental Law.
<br /> C. Grantor s6all immediately notify I.endcr if a relesse or threatcned release of a Hazardous Substenoe oocu�s on,
<br /> undcr or about th�Properly or thete is a vialation of any Environmental Law concerning the Property.in su�h
<br /> an event,Grentor shall take all necessary remedial action in socordance with any Environmentel l.aw.
<br /> D. Grantor shall immediatcly noti�'y Lender in writing as soon as Grantor has reason to beticvc therc is any
<br /> pending or threatened investigation,claim,or proceeding relating to the n:kase or threatened release of any
<br /> Hazardoas Substance or the vialation of any Env�ronmcntal Law.
<br /> 18. �G'+UNDEMNAIZON.Grantor will give Lender pnom�t notice of any pending or threatened actioa,bjr�rivate or
<br /> gu�nlic entities to purchase or take aay or all c�!r�r6���r�perty thIIOUgh conJemnatlon, eminent domain,6t•any othcr
<br /> tr�:ans.�t,� ior attthorizes I..r.nder to ui4erve�e¢'�br �ar�ntor's narne en any of the above descr��aed actions or clairns.
<br /> � '�r�tor acs�gns[o Lende�r the proceeds r��i;v►y awarci or claim foc�`•l�;nages connected with a condemnation or other •
<br /> tnk3ng of all or any}k'►rt w?ehE PtoperEy.'Such procee�ls�hnll be consie7�red�aya►t�eets and wilb be flpplied as provided in
<br /> tlus Secuiity Insttumeraz.This es�ign�ent•ot praceeds is subject ta t!►e terms aF any pricti�naeirtgage,deed of trust,
<br /> security ageement ar cntber lie�e�acut�ent• '
<br /> 19. INSURANCE.Grantor shaa�i�e��►�'aa�pexly insured against loss by firc,flood.thci't�ciKi othcn hazards and risks
<br /> � reasnnably assuciated wiih QOaE F'c�;nevr.y,c1�ne lo its type und locetion.This�nsurance shall be rt�n�iintaic�ed in the amounts
<br /> _ • �n.�: ..i.li..n�1.d inc.��oruu rAce76:Tao.t�hncPa hv(:runtnr
<br /> 8A0 TOT IIIC pClttnis i[t.tt a.ci�uci i�uviia. s rn. u„was,'..r .�:;.: Y.�.......s�.._«..._��� ..� �__.., _
<br /> sul�ject to Lender's appec,vat,wl�ich aY�a�l not L`�e n��reasonably withheid. 16 Grx.ntor faEls to maintai�e aC.�e��overage
<br /> described above.L.endec muy,et Y.ender's option,cibtain coverage to protect�.eader s rights fn the Pr�R�-uccording
<br /> to the terms mt thes Secur�n Ez�trumerre.
<br /> All insurance�oii�ies and r�newsls shall lx;acceptablc to Lr.ndcr and shall includc a standard"mongage clausc":ind,
<br /> whcre applicah(e."ia�s ga�•rx clause."Grantor shall immediatcly natify Lender of cuncellatlon or termination of the
<br /> insurance.Lendep shafE hr}�e 3he right to hold the polictes and rencwals.If I.endcr rcquires.Grsntor shull immediately
<br /> givo to L.ender alt m�:L�s LVI paid prcmiums and rencwal noticcs,Upon loss,Grantor ehall givc immcdinte nottce to
<br /> thc insurance cardcr and Lender.L.endcr may make proaf of latis it not made immediatcly by Grantor.
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