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<br /> �� "Proceeds')In connectlon wilh condem�etlon or other tekinp oi lhe Property or pert thereof,or for conveyance in Ileu of condemnatlon.
<br /> ` °'"•� Lender ehell be entlded nt Ile opllo�Io commence,eppeer In end proaecute In Ite own nema nny actlon or procoeding�,and ehatl also�
<br />= be enUtled to make any compramise or eett!ement In connection with such laking ar damage.In the ovont any portlon o1 tho Proporty le �„�
<br /> Y' ao taken a damegod,Lender ehall have the optlon In its sote end absolute dlacretion, to epply ell such pmceede, after deductinp '
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<br /> ,d_,.x thereirom ell costs and expenaes Incurred by It in r.onnectlon wlth nuch Proceeds,upon any Indebtedness secured hereby end In such
<br /> :.'�,� ordar ea LencM►may determine,or to appty ell such Proceeds,eRer euch deducdons,ta the restoratlon oi the P�operty upon such con• �i
<br /> ' a� ditbne ea Lender may determine.Any appllcation of Proeeeda to Indabtedness ehall not extand or postpone the duo deta oi any pay
<br />-�'3��.; ments under the Note,or cure eny dafauft thereunder or hereunder.Any unappUed funds ehall be patd to Trustor.
<br /> , ,�� 1 g, i��rtormanco by Londar_ Upon the occurronce af en Event oi Default hereunder, 9r Ii any ect is taken or legel procseding r
<br />,�.�?�.' commonced wh�h materialy aMecte Lender's Inte�est In the Properry,Lender may In Its own dlscretion,but without othigetiors to do so,
<br /> and without notice to or demand upon Trus tor an d w:t h o u t r e l e a a l ra a T r u a t o r i r a m e n y o b l l g a t i o n,d o en y acl whlch Trustor hea agreed Q
<br /> =---�� bul felled to do and may elso do eny other act it deema necesaery to protect the sacurity heraof. Trustor shall, Immedlatety upon
<br /> -'� demand therefor by Lender,pay to Lender eil costs end expansea Incunad and sums expended by Lender In connectbn wllh tha exer-
<br /> �-�� clse by Lender of lhe foregoing d9hte, togather wilh ir+terest thereon at the dotault rete provided In the Note,which shail be edded to
<br /> -;;.�-.:3.��-� � the Indebtedness secured hereby. Lender shall not Incur any Ilabliity because of enythln�It may do or omit to do hereunder.
<br /> "�_*��` 9.Ha=ardous Mateial�.Tmstor shall keep lhe Property in compiian�e with all epplicable laws, ordfnances and reflulatbns
<br />�_`�`'��� relating to Industrlal hygiene or envkonmental protectbn (coilectivety refeRe�i to herein as"Envlronmental laws').Tnistor shell keep
<br /> 4e��,;:^- the PropeRy free from ali subslences deemed to ae hazerdous or toxlc under eny Environmental Lawa(collectively referred to herAfn
<br /> ==��- as "Hezardous Materials').Trusto�he�eby werrants and represents to Lender that there are no Hazardous Mateflats on or under the
<br />_��''��' Property.Trustor hereby agrees to Indemnffy end hold harmless l.ender,its directors,o�cers,empiayees and agents,and eny succes-
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<br /> °__� sors to Lender's interost,irom end egainst eny and all clalms,damages,losses end IiabllitlesTHE FOR OOINa WARR/WTIE�AND
<br /> '��;,g;�� use,diaposal or trenspott of any HazeMoua Materials on,under,irom or about the Property
<br /> REPRESENTA'fIQNS, AND TRUSTQR'S OBLiCiATIUNB PURSUANT TO THE FOREGOING INDEMNITY, SHALL SIJRVIVE
<br /> �-�%�� RECONVEYAhCE OF THIS OEEO OF TRUST.
<br /> �- 10.Asslqnm�nt of R�Ms.Truator hereby esslpn�to Lander.and prents Lender e aecurity Intereat in, all presont,tuture and
<br />���r_=�;�� e(ter a�ising rents,Issues end profib oi the Property,provided that Trustor shell,untll the occuRence of an Event of Defauft,hereunder,
<br /> ------ have the rlght to collect and relaln such rents,Issues and proflts as they become due end payable.Upon the occurrence of an Event of
<br />:_�:,�;�:� Qefault,Lender may,either in peroon a by agent,with or without bringing any actbn or proceed(ng,or by a receiver appointed by a
<br /> ---- cau�t end without regerd to tt�e adequacy oi Its security,enter upon ond take possession oi the Property,or eny part thereof,in ib own
<br /> ::�„�,�,�' name a fn the name of the Trustee, and do eny acts which it deems necessary or desirable to preserve the vaiue, marketabiliiy or
<br />-�� rentebility of the Property,or eny part thereot or Interest therein,or to increase the Income therefrom or protect the escurity hereof and,
<br /> � with or wittwut taking possessbn ot lhe Property,sue for or otherwise coltect the rents,issues and profl.s thereo(,Induding tt�qaa pest
<br /> �«�+��, due end unpaid,by notifying tenants to make payments to Lender.Lender may epply rents,issues and proflts,less costs end expens-
<br /> -- —� es of operatian and collection Including attomey's tBes,to any indebtedness secured hereby,all in such orcier es Lender may deter-
<br /> - �'��7 mine.The entering upon end t�kinp possession of the Propsrty;the collecNon of such rents, lasues and profits, end tha applicatian
<br /> ; thereot as aforesald ehall not cure or waive eny deiauii or noiica vi�iauii i�araund�r ar ln:sa!l�sis an;act�±c+!�^1^n+�Po^ge to such
<br /> ---_� default or pureuant ta such notfce o1 defauit end, notwfthstanding the continuance in possesslon of the properly or the collection,
<br /> - receipt end eppiicatbn of ronte,issues or profits,Trustee end Lender shall be endtled to exercise�every�ight provided tor In any of the
<br /> -- = Loan Inatruments or by law upon occurrence of eny Event of Default,Including wlthout Ilmitation the r(ght to exercise the power ot sele.
<br /> � FuNher,Lenders rights and remedles under this paregraph shall be cumulative with�Lender,Trustee and the recei ee sall�e Ihpble to
<br /> --- remediea under any essignment oi leases end rents recorded agalnst the Property.
<br /> eccaunt only f�r those rer.ts actualty recetved.
<br /> 11.Evtnb ot D�huft.The following shall constitute an Event of Detault under thls Deed of Trust:
<br /> (a)Feiiure to pey any installment of p�inclpal or interest or any other sum secured hereby when due;
<br /> ..__ __ (b)A breach ot or defauk under eny proviabn contefned In the Note,this Deed oi Tnist,eny of Bie Loan InsUuments,or any
<br /> other Iten or encumbranca upon the Property;
<br /> (c)A writ of executlon or attachment or eny similar process shall be entored egatnst Trustor which shell becorne e Ilen on
<br /> the property or any patlon thereof or Intereat lherein;
<br /> (d�There ahan be Ned by or ageinst Trustor or eorrower en action under any present or future foderal,stete or other statute.
<br /> � Iiqutdato�r o Trusta or�tBo�rower or o 811'or eny part of the Prope�tyror the re tsmsaue�orlProflts the�r°°feor T sta or D iVOrrowRr
<br /> ehall meke any general assl9nment for the bene�it of creditors;
<br /> (e)The eale,Va�ster,leaae, esaignment,conveyance or further oncumbrance of ail ot any part of or eny Mterest in the
<br /> -'- �' Proparty,either vdunleriiy or Involunterily,wfthout ths axpi�ss written�naent of Lender,providod that Truator ehall be permit
<br /> � � ted to execute e basge of tlia Praperty that does not contain an opdon to purchaae and the term ot which dons not exceed one
<br /> year;
<br /> - (�Abendonment of the Property;or
<br /> (g)Ii Truetor Is not an Individual,the issuance,sale,trensfer,esalpnment,conveyance or enwmbronce of r►are than(H a
<br /> corporedon)A totel of percent of its issu�d end outstending stock,or(ii a partnership) a totel ot per-
<br /> � cent of partnershlp inleresls, a(it a Ilmited Ilablliry company)e totel oi _ percent of the Ilmited Ilabiiity oompa-
<br /> ny intereats or voling righta dudng the period this Deed of Trust remalns a Ilen on the property.
<br /> 12.R�m�dNs;Aca�Nratton Upon�hult.In the event oi any Event uf Default Lender may,without noUce except as requlred
<br /> --°- by lew,dedaro ell Indebledness secured hereby to be due end payable end the same shall thereupon become due and payable with-
<br /> out eny presentment,demand,protest or noNce of any kind.ThereaRer Lender may:
<br />__ _—-- (e)pe►nand the!Trustee exerciae the POWER OF SALE grented herein,end Trustee shall thereaRer ceuae Truator's Inter-
<br /> -----° est In the Propedy tobe sold and thd proceede to be distributed,ali In the menner provided in the Nebteaka Trust Deeds Act;
<br /> - °_ _=---- (b) Exercise eny and ell righte provlded for�n any of the Loan Inst�uments a by lew upon occurrence ot eny Event ot
<br /> �?r±a�� Default;and
<br /> - �-� (C)COfnm9nC9 tdn uCtbri t0 fo(BCIOSe this fleed of 7rust es e mortgage,eppoint a recelvor,or spctdflcally enforco any of the
<br /> ^.•A�;�::`:�;�� covonanta hereof.
<br />_�:•�-��"�_'�� No remedy hero��contercad upen o�reserved to Trustee or Lender Is intended to be exclustve of any other remedy hereln,(n the Loan
<br /> ,_ ,�,�,�;� Instruments or by law provided or perm�tted,but each ahall be cumutative,shall be in edditbn to every other remedy given hereunder,
<br /> - �� In the Loan Ins4vmenta or now ar hereafter existfng et law or In equlty or by statute,end may be exercised concurr�ntiy,Independentiy
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<br /> 13.TrustN.The Trustee may reslgn et eny time without cause,and Lender may at eny 6me end wi"u`nwi u+�uaa a���+a a�::.-
<br />_�_,�;,� ;; cessor or aubaHtute Trustae.Trustoe shail not be Ilable to any party,Including without Ilmltedon Lender,Borrower,Trustor or eny pur-
<br /> :,:,f�.• .�.�. chaser of the Property,for eny loss or damage unless due to rackless or wflltul misconduct,and shall not be requlred to take eny actton •
<br /> ' '''�`�'� in connectbn witt►the enforoement ot thie Deed of Trust untess indemnitied,in writinp,for all costs,compensation or expenses which
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<br /> .;�;..:,�^Yf�J mey be assoc�ated therewiN.l�eddiUon,Trustee may become e purchaser at any sate of the Properiy Qudicial or under the power of
<br /> � � _,� sele granted hArefn); postpone tha sa�e oi all cx any port►on of the Prope�ty,as provided by law;or selt the Property as a whole,or in
<br />:-'�;_:,,�',t. :�;: separete parcels or lots et Tmstee's discreUon.
<br /> 14.F�a and Exp�nsss.In the avent Trustoe seils the Property by exerolse ot power of eale,Trustee shall be entftled to apply
<br /> A ' �%:,~ any sele proceeds first to payment of eii costs end expenses of exerclsing power of sale,including all Trustee's fees,and Lende�'s and
<br /> �r•, ��,-:r•r, Trustee's attomey s fees, ectuauy incurrod to extent perm(tted by applk,ebSe law.in the event Borcower or 7�ustor exercises any dght
<br />, s� � provided by law to cure an Event of Default,Lender shall be entitted to recover from Trustor all costs and expenses actually incurred as
<br />-�"��.°'�;,. • a reault of Trustors defautt,Including wfthout Iimitatbn ell Yrustee's and ettomey's fees,to the extent permitted by eppticable law.
<br /> ' ;` a � 15. Futun}1W�nas. Upon request oi Borrower,Lender may,at its optbn,make additfonel and future advances and re�d-
<br /> ''`""��'�.� ' vances to Borrower.SuCh edvances end readvences,with Interest thereon,shall bA secured by thls Deed oi 7rust.At no Ume shail the
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