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<br /> . ...,�CiL , .. , .�._�' _ _:LT'a�_` _ _ ...,'"'_.�._�__._ . . . . . . .... . .... . . ._ .. .. ; . .. . ...
<br /> .. ' ..�'.,.._..r......_.._v t.l ._ �:SC —, r ---.� --- "_" �� ' _ ' . .
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<br /> � , :� � g�- i�� � : � ; .
<br /> � . . . : � � , ; .. �. .
<br /> . �j�, � At the option of BPnefc�iary. aU or uny part at the agreed fees aad charges. acciued intere.st aad Qrincipal shafl beoome ,.� .`,<<. _ :
<br /> - � immediately due aad paYable.attetr giving aotice if required by law.upon the oa:urrence of a defautt or anyti�ae thereafter. 4
<br /> � . ' ...' t �� In addit#on.Beaeficiary shall be eatided to atl the cemedies pmvided hy taw.the Evidense af Debt.ot�er evideaoes of debt. . .,'
<br /> . : � this Deed of Tnut and any relatad duc�nts inclading witIwut limitation:the p�w�to sell the Properry. , _ . ,_ _ -<
<br /> . ;: .; i f t hete is a d e f a W t.'f�u s t�s h a t l.i n a d d i t i a n t a a n y o t h r r p e n n i tt e d r e�n e d y.az t h e r e q u e s i o f t h e 6 r n efis i a:y.adveitise aad , ..
<br /> • r� ? sell the Pmperty as a arhole or in s�parate parceis at public ausaoa tn the highest bidder for cash and wnvey absot�te ade
<br /> . . ; �ree aad clear of aU t�ght.6de and interess of Tnutor at sush time and place as Tnutee destignatcs.Trustee shall give notice
<br /> _ --- -' ' of sale inc�uding ths fi�z,ter�s aad piaee of sale aad a descrigtion of�e property to be sflId as reyui�d by the applisabie � _._ _:_,. -
<br /> .. . ... �: i law ia effe�at the tim�of the pmposed sale. - '. .
<br /> . . . ' Upon sale of the pmpecty aad w the exteat not pmhibited by law.1'tuscee shaII maYe aua deIire�a dead to the P�+opercy sotd - . --- . _ _ . '.
<br /> i wluch oonveys absointe dtle to the purcl�aser,aad after first paYmg all fees.charges aad oosts,shail pay to Beaef�iary.a1I ---.. _. _ ..:
<br /> • moneys advanoed for repaus. taxes. insurauce. lieas, assessments and prior�cnmbreaces and inf�c cher�a,aad tlz� `� .
<br /> priucjpai and interest oa the Secured DeUt,P�S��Plus, if any.to 7�ustos.Beneficia�Y+m�'Au��the FropertY. ,:,..,.. ,; .. .':•...;`
<br /> � 'It►e recirals in any deecl of oonvepance sS�a1T 8e prima facie ev&Ieaoe of the facts set fortb c�rein- ,,��,,r'':'� ,� �: ;
<br /> , � . f �r_ ar :
<br /> : ,� AII�medies are disdrtuct,cumula�iv,e aad anc exdusive.aIId the Beneficiary is entitted ta alI remedies provided at law or _ � �.�.
<br /> di of an sum iu paym�ut or partial PaYment on the s�;,
<br /> .t�.:� equitq,whether exp�essly s�fati�vF uu�.'IIfie as�eptance by,S�efc�9 Y �� � r_��, .
<br /> . � , Secased�ebt a8�er the 6alans�e is,d�r..or is acxderased or a8�fareciosnre pmo�e�ings aze fited sHall nnt oonsdtnte a waiver + . _ -.:
<br /> ' '!t. . '.c'�,/.T�:
<br /> � .�.•I of Beaeficiar�►'s right to req�ci�e 9�;Laad ooa�rtet�cace a1F aay exis6ng defautt By not eRe�isiag a¢� temedY on Tnutor's , ,� :s.�i��.;�,:�E:_
<br /> _1`:,' 4_ __
<br /> ;f`�.�!s,'j ' , deEz�lS.,�euefcaa�Y daes uat w�i�l3�efcizcq's rigkt m I�raonsider the eveat a def�it if it coa�or hapgeas again- � 1'•
<br /> .� f _. . . . , � �.��,
<br /> , f `s,��,�;, ... ;.,. -� � : . m�ibited � ;•� .z`• ..
<br /> ��• . FEES•CpI.LF.CI'H�N COSi'S.Exsept when F �`';
<br /> \� �' Stx`+}s}�'.` ig. • '���� '�11r1�`.''�t�l��'.i A� l��n!'� •
<br /> ``;e '������- � bjF��r:�a8?� P Y �`�'�astor 6r�hes aay covenant ia dus�of T�ast-.Tmstor . ,,,_, : ��.
<br /> to a ".�.'`,��Benefcci,�s expen��. - .- Y, �� �
<br /> :3Y.� .`. --` . w�l afsa pa y a��d all of ff�efrciary's.��;e�ses incu�=a�n�lle�>-rnsuring,Preseiving ae gsv�cacng the Pmperty
<br /> ��.�.. . �n in ect w d t e P t a T n t s t o r a g t e e s t o .
<br /> N� '.���' or i�any►inv�rrz�,audits �ions ort�.�'-n�Y���� � �= • ���_
<br /> � . ,f� ' Benetz��.y in�'"�►.�or Pmt�s'.iaS B���I►'s rights a�remedies under this ,� :� �9�
<br /> .pay'sD costs and expenses m ,�3 bY
<br /> ..�•`���`,`'(`; Deed of Tn�st,iacluding.but r�i�ited w.atto�eys'�s:+�rurt costs,and other Ie�D�apenses.Oace the Secucr�fl Debt is s �� ��:
<br /> �`,•. ... w release.tlus�vf Tmst a�@�n�swr a�:to pay for aay recordarion aosts.. :. �. -: ��._.��a��,�,:
<br /> fa11y aud 6nallY p�4.BeneficiazY agrees � .. °___ ,.- '-�,c.'' ,���r::
<br /> . • � A11 such amnmo�a�due on demand and ws�i�igar interesr�om the tic��rof tt�e adva�nce at the htghest rate ia e�Ct,from ;;;;'{_, .
<br /> . time w time,as,��•ied in the Evideace of iDz�:�cd as peanitted by law. � , �
<br /> w• ' c .� .�
<br /> . ' �::�` � LAWS AND B[AZA�GD�1�33 SI',']SS'��ANCES. (2j� °'Lnviroana�l La •.':�':. �' -- _
<br /> �� 19�itDN�• ]SS'. As used 1n tl�is section, ' ; ; ` {, . `
<br /> .. .i� �,�v'�y'l�itat�on, the Compreheasiv�e.,�•��.�v,yf,.�!ya�R�nse�,�C/o�m��p��eensatiunrt ordets,�Acc(�C�.�S+. , `c�s. ,� r ,,r �,
<br /> � '�r:•.nIG iloSM1'll�G�.. ��f{D1WYiWYw� �.L'f '��yt;`. • � yj �_�.
<br /> 1 • •1: �J.S',�„''"71'�}�C'�:��3CyC�.),�OUICr fCd2Ti� � i
<br /> i . VilOnmeAL O! S h872Id4Yp���.'4:"��1�` � ,.`,
<br /> 1�i'a�c"+Le, �A ' : °t:
<br /> ,; � . . qr interpretive.���s concemin8 the puT�Eut;��i�i:.;sa�tg�:., poUutant or��'��iah�ia5 ` i.. ���.
<br /> , • . : "Hamsdous Slibs�'ance" means aay wxic.r,�ra���z'�'��us�, �+►�, � welfare or ' ' ��'
<br /> � ,r.,sdJ�, ��`� c�aiactertsdcs which render the substance ci�i�� �.���Y�Semus to the public heat't�n,t�.i�afeey
<br /> t � f,�,=.
<br /> , �,,,;r�r-. ,} w,�au,onment. '[he tecm includea, withouc l,�d�.izsx.��s�,ances defined as `haaardous material,° °to�ic substances," f� f�,� _ `�
<br /> • ;�'� . � "ha7azdouv aaste"or"hazar�dous substauoe::���g•`��tal Law.T�ustor tepreseats,wamants and agr�es diat, � �'< ;!,;��'"� �
<br /> tosed ana acicuo cta g: �"'��.:� ° .��.
<br />' =�` except as pn�vfously disc wT�3(,.. �se�vriu� � ..� •F•°- -�
<br /> � � manufar,tuned.t�ed,retiaed.or handled by ` ��' . �,.y�s=�,-
<br /> �, A. No Ha�ardous Substance has becn,�sc:%�'+w�d l�e locat�d.transportod, aad in sttIct wit4 . rk'�'' `:°�-°�=:-
<br /> . � , �Y P�on on,under o:abcut the . ;et��.p�t ia the ordInary coiuse of busiaess oomplianoe .,. i.
<br /> •�fl� .{r ��� �!!.r .;� T;��..' �.
<br /> �� aU applicable Eavironm�tal Law. ; rae�r-rs
<br /> .:` . �. 'i'custor has not aud will not cause,coatribute taw'u�rz�+ezmit the celease of any Hazardous Substance on ttce Pmpeny. -
<br /> ,�,�.. . ? G: Tcustor w�l immediately natify BenefsclazY if(1>•a TeTease or threatened releaSe of Ha�dons Substance occurs un.
<br /> �� ��.:.
<br />,'J`. . ` � under or about the Prnperty or mi$rates or threateos to angrate from aearbY PT�P�Y�01(2)thece is 2t vlolatioa of r.
<br /> ' � any Emironmental Law oancerning thc Pmperty.Ia such an event.Trustor ajll take all aoaessary temadial act�an in � .. ,, ._'_."�.�'�'�.,�.
<br /> • � eDCOidaIIce with Favit+nnmeat2l Law., t'"zr
<br /> �..��--.
<br /> � p, Ttuswr has no lmowledge of or ressaa to berevP there is any.pendit►g or t�eate� invesdgation, claim. or 4 .�,.T.
<br /> proceed3ng of aay kind mladng to(i)any Hara��ous Substanae lacated on.under or aboat the Property:ar(2)a�r . ., .;.>.
<br /> • r;�':; vtotation by'[1�ustor or any tenant of.ariy Environmeatal1aw.Tnutor will i�mmediate1Y aotify Beaeficiary in writing
<br /> .;. .; as soon as TnLStor has mason w beiieve there is any such pending or tlueatened investigatian,claim.or praoeed3n�. .r..,.: . . :.'` :�',.�.
<br /> _ � � � In snch an eveat.Beneficiary has the rlght.but not the obligation.to participate in any sach proceed'mg i�luding tY�e _;`� . �`,,� , :'�. ";�..
<br /> �•�_• ::;
<br /> . � ' ` �� rig6t to receive oapies of any dacnments telating srx such pmceodinP,s. .
<br /> ; . � : ;� S. Tnutor and cwery teaant have been.are aad shaU+��a�iaia in iiill wmpliance with aaY aPPlicable Envira�l Law. , �,ri�t' �. ,'.
<br /> .�� � F. 7here are no undergounA swraSe tanka.ptivate.d'ar�is or open weUs located oa or under the Property a�31 ao sucb � �-�E:.. .
<br /> '- �` tank.dumD or aeil will be added untess BeaeRciary first consents in writing.
<br />_j � r G. 7Yusto:will regularty inspect the Prope�ty.moaitor tfle aaiviues aad aperations on the Property.aad oonfirm that . . .
<br />-; : all pemuts,licenses or appmvals required bY�Y aPPlicable Environa�ental Law are ohtained and oomp�ied anth. �. .
<br /> �. ;.
<br /> �'J ��ffi Trustor wUl pesmit, or cause any tenaat ta germit. Beneficiary or Beneficiary's ageut to enter an� inspect the : :��.� ..... �:
<br />;;�. , ' • Propeny aad revlew a�l.reooids at any reasoaable time to detemilne(1)the+:xistence. location anA nature of any " ';'t{� ' �.
<br />= . ' � ' Har�rdaus Substauc�.an,under ot�abont the Propeny:(2y�he existence. Idcution. oature. and magaitade of any ,...,;r�{#tiF��,°�,, -
<br />=°d . Hazasdaus Substance that Gas 6ee���sed on,under or about il�PrnpertY:nr(3)wi�etl�c�r or not Tinswr aQd any .. . �.,..,;<
<br /> ; , .
<br /> , . �.{. - , ,� te�cu are in compliaace wlth app�i.i:.Envlroaa�ntal i aw. ., . � .� ::r
<br /> �� �� '' � � ,I. U Beneficiary's requeat and"�at any time. 1'rnstor agr�. at Tn�sWr's expense, co engage a qualified '•� . '•v..
<br /> . sW '{.-;.
<br /> = � ���:�:�;.;� ;� ' ' � to are an�vironmental audlt of the Property and w submit the resutcs o€such audic co '� ,.:
<br /> ;; eavimnnaeatal mgiaeer P�P who ariU audlt Is subject ta Benefic�ary,s ;``,
<br /> ;: ,,�t;i,,;,� ! Benefic�ary. 'i'te choioe of the envjmnmental engineer ,perfams sucb �` ; '�• �
<br /> ,� .. , . �-
<br /> , . . . ` aPProvat. '.: ,
<br /> . �,���� J. Beaeficiary has the r1P,At.b� aot the obllgatlon. w perform aay of Tnutor's abligations under thLs s�ctioa a� :.;�.'j s, ti,��:
<br /> N.,; , � . �;;� - ,��• , . ��
<br /> ;, Tn�stor s expense. � ".,, .
<br />=%::',`;` � `�� :' K. As a consequeace oi atry bmach of any represeatativn.a+artanry or prnmise made in thls s�cHon p)T�ustor will ,
<br /> .,.,;. ;',. , ,"'`
<br /> -- _ � . �., inQemnifY and hold Beneficiary aud BeaeficiarY's suooessois or assigns ham�Iess from aad against all losses.claimv.
<br /> -_ ',r•`�t� .�;`.�� . ..'
<br /> ; :;: demaads. liabiliues. damag�• cteanup. response aad reatediatian aosts.Penalfles and expenses, including wlthout
<br /> �T � limitaflon all oosts of litigation aad suoraeys'fees.which Beneficiary and Beneficisry's suocessors ar assigns may
<br />_4. sustain: and t2)at Beueficiary's dLscretion,Beneficiary may release tLis OceA ot'frust and in retum Trustor aill �
<br /> H= � � provide Benefci�y with collateral of at least e q u a l v a lae to t h e P r op e r t y s�b y t h i s D e e d of Trust without � .
<br /> � prejudice to any of$enefiaary's aghts under this Qeed of Tnut. �
<br /> _ popedols �---_._..
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<br />.!'�` . . ' ' O t993 Ba+t�f Syttcmx me.St CtauO.MN It 80G117 S34b iam AGtO Ot-N! t0.30.97 .� . ' . .
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