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<br /> � . � �` i • t�. BEFAIJL'�.Ti�itor a�l�eit�tkfti�i�t[t�ny 'qt�t obl�ated�on the Sec�nd Debt fa�ta make pa�-c�t a�en�se.'En�stor � ,:�. . . ' �.:ti� .
<br /> . . � u�iIi be fia defa�t if'a d�ae�:ot�,t�s►�der t��e te�ms of this Sautity insnument or an}•ather documznt executed for thT i '. ,, � _ �` .
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<br /> ; peupctse of cteatmg�secur�o�i. iDg th3 Secured De�L A good fa'st�Delief��8eneficiary tAat 43rrtskciat'a SS� � �
<br /> .. ti��s msecutlraq"ti���sp�t.ta��1n or tit�oD1'�„rated a¢►t�e 5erured Debt or tDal the ect af aa °"`°.-,
<br /> e� Q�P Y l��+nt ar j .<f- .:.
<br /> . . . � the valuP of t�e Propecty is us�a�red s3�a11 alsn con�tsinue am e�►rnt of default. �
<br /> ' 15. �D1FS ON DEFAULT.In same in�tas�as. fedetal and saa*•e la�v aill require BtnefcciazY to proside smstor with . '.
<br /> : , notice uf ttte agtet to cure or other natices and unav es�ablisb ti�e�edutes fos foreciusure scsians. Se:D}ea to t8ese . � •- �:,. ,..`
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<br /> •, limitations. if any. Seneftciary may �ce2e�e the Seaued Ihat and fo�losc this S�eutit} It�stru.�ent m a mannet . . ;;r'":'.
<br /> - ' t provided by!aw i�Tnsssos is in degauI� � , �':'
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<br /> Rt the a�tio�of Bet�e£�iazy.all or any�t�f t�a�eod fees aad cbarges.accaut�Ia.r-�s a�d princi�al s�a1!beoome
<br /> . :�_� �mmed� � dur� sa�l p�,}-abte..after g�yqg aotPce if iwuiiud bs ta«. upan t�e av�u�e of a d�t�tt o; a�yt�me .--
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<br /> . � t h t t e a ft e r. I n a 3�i t�o n, &a�i c�a s��il fi�wzieted w all t�r c�ti�provided by law.t�te�nts of th�S�cvued Qebc. ,,,.,.r,�,.r,..
<br /> � t h i s S e�x�r i t y�u t m�2 n 3 amd 2 n y tel�ted�a�.isrelndi�„a uit�ut limisatioa.t n e pau�r to s 2�1 t t�t P r a�t}. S, . '3 � ,':
<br /> � ' '' if th�is a defavlt,'IYustee sh�li,iu addidon to ank•o�sa�u tce�i remedy.a3 ctrrrequest af th�SeaeBa�r.adrertis� s ,� ',��%� :'t
<br /> � ,;. i an�sYll t�Pco�ty as a n�oie os in sepazate pamis aa pn3�il c auction to the higt�es3 bidde�for ca�and oon��absolute s � : ,,�.�:
<br /> . . ' • ti t le free and ctear of aU n g f it,dtte aad mcensi o�Tnssror at sucb time�nd place as Tw'tee drsignazes.Tnu�ee s�D gi�Y ,
<br /> , `.: � '.��� notice of sale iarludiqg ihe time,teims c+nd place o f sa�e�n d a d�tinn a f t h�p m p e rt y t n b e s o 2 d a s r e q u i r e d b}�t h� '` ' ,',-:: �.:
<br /> applicab2e law ia effect at the time of the p�oposed sate. ,+�:':-`
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<br /> � � Upun sale of the pmperty aa�to the eateat aot pmhibited by law.Tn�stee s�ll m�ce and detiver a deed ta the 1?m�eerty , �';:�;�...T
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<br />- � � �` sotd wlucL conveys absotute dtte to thc parchaser. ar►d aRer first paying ali fees. d�arSes and onsts. shall�ay to ._,;._
<br />_ � ?` B�L'f1C18ty!2U tilDIIlyS 2(h'3ACCA fOI fE�311S�t8][CS, insurance. li�s. �sa�ss att�prior euaanbrances and mtenst ��.•: .... ,m.
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<br />_ � , �..�l; ttiaeoa. aad the pnmc�p�1 and'auaest on the Seaued Debt,Pa}'inS the sut�3us._if arry, to Ttustor. Benefcciars►,maY ��:. ' ` ",.�::.
<br /> _� . , p�ha;e ttse Praperty.'i�e recitals in any deed of caaveyanre shall be prjma facre evidaue ef the fasds set fonII therem. � . .r:;
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<br /> . . '`�� ,E��t e m s d i s a az e d'i s�c�i v e a n d n o t e x c l a s i v e.a u d t h e B e n e f c c' i s e u t i t t o d t a a i l r e m e d i e s pro�►ided at la�+or � _' . ,�•�'
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<br /> _ , ,, ., c�qu3�y�whetLer or aae.�,y.�eaet fortU.Ttte axeptauoe by Ber�fcciary o any sum in payment or Pataal Paymeut on t�e �'�;Y
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<br /> : �Debt a8xr the baIav�i�tiue ctr is acc�tetated or afta forectosum pmceedh►f,s are fited st�al! not ooa5utute a �
<br /> of�y's rigRu ir�. oa�Iete cure of any existiag deFault.By not�acetcisiag any�emedy on Tn�wr's �� � M:
<br /> _` : ' `�.'� default,Ber�efusarg does nnt waive `' 's right to laser wnsider the event a default jf it coptmues os bappeas aga�in. , w
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<br /> . ' ` 16. F 7�E N S E S:���D V A N C E S O N C t b V'�N A N i'S: A T C O R N E Y 3' �E E S; C O L L F.G°['I O N CO S i'S. E x ce p t . ... ,'�.�
<br /> 7�EN
<br /> ' � ` _i prolu'bited by law.Trustos agiees topay all of Benefiaary's e�cpeases if Trustor breaches aay oovenant in tbis Securiry , : .t,�:
<br /> _ � . Insuument-T:ustor wiU aiso pay oa deemead any amouat maured by Bene&ciary for ins�uing.inspe�xinS,presen►iug or .� ,i��_
<br /> = othe�wise pru�4aag the P�operty and�iary s seauity inte�est.'lhese expenses wW bear interest fram the date of the �� � . �.��
<br /> ' � payment unn'd paizt m fuU at the tughe�t iu�test rate in effect as provid�t in the terms of the Secuned Debi.Tn�.stor agzees � _-.—,_
<br /> ; � � ;, . P� „ or rot 's aad, ; �.�.�..
<br /> to g all co�:attd expeases incurcec�. . ��Deneficlary in colt� enforcusg. P ectmg �e£'uiarY rip�s _
<br /> . � �, • �un¢e��i's SewritY lnsaument.'tius auwunt may inct�b�.i�ra�t�imited to.attoc�z¢�"f�es.crnnt eosts.aud =-
<br /> . � ` �`;. . .�.�ser legal e�wses. Tl�s Security Insuument shall remain in el�untii �. Tiusbss ag� ca gz� far aay ..,`• ,�;.,�-;�
<br /> . � ,�a�aaon cosu of sucb�e. � . :r ; '%'��.-
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<br /> � • L'1:.:)II�'IitONMENTAL LA�'��-�'� �✓43�bOU5 Si:S�Si'AN�� A;�used�i�rh3�s sectiou..«��nv�ru+'sir��fait l.anr,�'"� •" ,,���
<br /> �,., .i. .,.;�ns,wlthont litnitation. �c�ompiekeas�:w�;�Environutental R�,�or.u��inii and l.i� ' � Acs(Q�+�[.A,42 : _ _ ,
<br /> � •• '�".Ej.S.C.9601 et seq.), aad att,et�er fedciai�.state and Iocal laws.reg�t�ss.�•wucs�sratto�gi�t�tai : ,
<br /> . ! � :!r�'r',ti �� ' .�ons or interpretive te�ttcunceming the public health,safety,welfare,eayuv�t�r a h�t�ss substaas�aad(2) .• ,,�;..�
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<br /> "`��,1�:�, � �dous S�bstance mea�aa.� toxic. radioactive or baTarQaus material, wa�;;�si9i�mE o�.�ntamiaaut:��lf3.�h has _-
<br /> . c�eristics which rem3r�[.��ovbstance dangerous or poteatially dangerous u�>..d�:�ablic healtte.. saf�y�:;�±��rs�e or '� � n� —
<br /> : . ' �uoament.'Ihe term iadiuJl�.�, without limitatioa. any su�bs�aaces defined as "ha�zi��tis ma,.��3" "tox:u.:v���ces," �''�''';
<br /> Eavironmenral I.aw. ? ;,, .,� ', �
<br /> { ` "bar�rdoua w�s�"or°ba7ardot�s substaa�"nnder aay , _
<br /> ' Tn�.swr repi�asLS�wartants aud agees Wa� . � .� ` �.;;'�� ' ' . : . ' ;•`-
<br /> -?� � A.Except aa'�previouslY disclosed and acknowledged in wrlting c��id�ry.:�ao Hazar�a��:c,r�nce����i�ill be '.� —.
<br /> �` � � located.stored or te}ea�ed on or in the Property.T6is restriaro ��^�s tsrs��i�;to small c��nnties'o,i�atdous � .;.-°�_'
<br />- Substances that are geaeraity recognized to beappropriate for tt[:��s rr�aiatenance of tbe Pta�y: ' ;.. '..
<br /> :� J, . B.Ex�as previausly disclosetl aad ast�owledged in writing tfl TT�aa�uit,�js��Ft��r and e�er�.tenaat haVe beeo,ate. ._ ' � ;�
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<br />_`: `�";, . and s remain ia full oompiiance with any applicable Envlro�sl�iavv. . ,� � '�t, :.. ;��l.�.:.:'-
<br /> � � C.Trustor shaU lmmediately norify Beaeficiary�f a release or��1 Ielease of a Ha�acda�s�Substance oaatts oa. '�f�� � '.,.;
<br /> '.�, • under or abaut thc Prop�ty or thae is a viotation of any Env'u+�amental Law conceming tke Property. la such an '�` «✓�,.-:Se�Fa j ,�:
<br /> �; :� :i�'.;': � event,Tn�star shaU take all,necessary remedial acdoa in accordamce with any F�vironmental Law. � 5 c ��`�i
<br /> �;..;r'�1rsF{,t, �, D.Tnistor shall immediately notify,Beaefcciary in writing eS SOOA eS TntSWi h2S ICaSOA t0�t11CVC thCie is 2ny peading ''.',•r`•- ��r���;,;;.
<br /> ;,, . . or threatened investigatton, cia�.�Qr proceeding relating to tfae release or threatened r�e8se of any Hazazdous .. , '
<br />- ;+�„ .� . .. Substa�.ao�•the violadon af�y�ni�iranmental law. :. . . .
<br /> ��:.��•. � '. ,. . .
<br /> � � ` '''� " 18. CONDF.lb3lq'��N.Ttustor wiil glve&�seficiary prompt notice of.aary.,� ending or tLreatened ac�t'voa�.by p�ivate or public ,��� ' � . �'
<br /> �.,� . , � .
<br /> :�`� . _r, entities w �}tilitase or take any or al!of the Property through cond�n,eminent domain,or a�y oWer means.7 n�stor �
<br /> , authori�ees�'7f",zci a ry to interveae In Tnutor's name in any of the zbove d�scribed acuons or claUns.Trus�or assigns to "' '
<br /> -`'# . :`''' • . ' � .�' 8eneficiarp�i��?rnseeds ot aay aaaM or claim for damages ao�n�d wi t h a coa demna t ion or o t her t a k ing a f�1 1 o r a n y -��•
<br /> ':t' � : ., �tp of t�e Ntz��neti�r. 5ttcb of��s�'�sub ec�t to h�e terma o�f� �orwmUoitga�,a�eie�a f apvs%sdecusiiy�agreeme��y :
<br /> at' . , , �fl5[IUIIIC�4�.T,fit�t.us.�nme�u P j �'1� °f -
<br /> D;�_.. ,���,� oWer lien doa�nwiC . ,.. �: .
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<br /> �, r,��`�f`''t". � 19. IIVS[JRANCE.Tn�star s#iail�l:cep Pcogeriy insused against loss by fire.t�ood.theft and other hazards aad risks reasonably ,�
<br /> ��i l�. �ts;��}��,� atsaciatod with the Prapes�y�_Qbe to its type aad lacation. This insurance sball be maintaineti ia the amnunts and fo:the ,.
<br /> ��r�`d'�'�.:;�'�'� pe n'ods ttnat BeneBciaty r . The mswance cazrier pmviding the insurance shall be chosen by Tzustor su6ject to � �.
<br /> _ • (,� ,. . . �.A ;(h. t.
<br />',`",� ': <',: ��fr� ' .w cb shall uot be unreasanaGiy aithheld. If T:ustor faits to maivtaju the wverage descri6eci ;� �'•+:.�:;,..,
<br /> .:;'t ' ..,et B arS+s apDroval � . i�;;�,:. ;;„ , .';
<br />_�,;: � � , ahove.Beaefic�ary may,at Benefcclaty s aption.obtain coverege ta protect Benefcciary s dgllts iu the Property accordin�
<br />--'4� .'<' to the terma of ttus Security Instnm�nt. �:';�':
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<br /> ;;�i'�,., :.•�°�'•;�:i,�'`, AU i�urance policies and reaewals sha11 he acce�labte ta Beaefrciary aad shall incIude a standard°mortg�ge clause"aad. "'`�
<br /> �": �� . � where applicabte. 'loss yayee cYause." 'Austor shsll�tu�edIatety notify 6eneficiary of cancetlation ar termivatioa of the ., � �
<br /> _i'' .. '`',•�,,��, insuranse. Beaeficiazy shall haya tlie tight to hold the polictes and renewals. If Beneficiary req��ires. Trustor shall
<br /> �.� immediately give co Beneficiary ali rereipts of paid pn�ums and renewal nouces. Upon lou. Tnutor shall give
<br /> t� � iu�mediate nodce to the insuraare carrier aad Benehciary.8eneftciary may make praof of toss if nut made lmmediately by •
<br /> Trustor. � . �
<br /> `i6 . IPage 3 of 41 . �
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<br /> -'�9 � A199�8inten Svs�emf.mc.St pou0.MN It SOG39�I341�Form RF6T-NE�0/21A7 ' �
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