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<br /> _ 7-Eminettt Ooma�t.1e.1��is AereDy agsigned ali compertsation,ewaQds.damages and other payments or retiel(hereinafter"Proceeds'� � � _ ,
<br /> � � in wnneetioA witA eondemnnatioa or other taking o!the Propertyr or p�rt thereot,or for tonvayance in lieu of condemnation.Lertder st+ali • ' °� `
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<br /> '.� ' taken or damsged.lend:"t Sh9J Ra+re Me option in its eole end ebsoiute disttetion.4o apAty ai1 sud►Proceeds.aRer Gttducting theretrom ��
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<br />. , ` "V t� aU eosts and expenses incusred DY it in Connctaioa wittt suM Proceeds. upoA sny lnQebtedness seeured hereby and in such order es � � . . � �
<br /> • • � �!$nder may determste,a►to epply aU suM Rocee�t9,etter such deducaons,to tho restwat�on o�the Ptot►.'Ftr upon such condaions au �
<br /> ' �`....� lender may deteim�e.AnY spPfiration of RoceEds to tnAebteQness shstl�at extend or postpor+�s tne due�a:9 0}enY DaYments un4at .
<br /> . . ' the NOte.or autr any QelSUR thereunde�o►Aereun+der.Any unapati3d iwtids cltali Qs patd to Trustar. '
<br /> �� • ' 8. F�rfom►snce by i.en�ar.UOan the ocwrreace ot an Eves�t of pata�dt hereu�der. er i! eny aet is takan o�tegaf pracaeding �. " .
<br /> , • _ � ' ^ + commenced wAitA materiatfy aHeets Lender'9 interest u►the Pro¢erty,tender may In its ow�dssaetas+.aut w�trout abiigetton�o do so. ' `
<br /> � ,� 4. ;.. � �and wist�out notics to os demartd upon Trustor and wRhaut re,'eas'raeg Trustor!rom ar►y o0lig�tao.�.pa anY acs wt�irh Tn,stor nas agreed ;.,�>; .�.,,, �� ';
<br /> � •�' ; � but fa3s to do 8nd mey siso do any other act it deems necess�y;o proteat tRe security Aereof.7�ustos sR�t,immedratety upon demand -�r'�"%�<tis�
<br /> � � �; �therafor by tender.pay to Lender ali oosts and exptnse9 inaRed and sams mc�enAed Dy Lender in eonneetlon with tho ezerNSe by �::':r:+
<br /> , `. ; �Lender ot tAe torega�ng rights,togeiher with interest t�ereon at it�e defautt rate provided in nha Nate,whish shefi be fldded to the .:��;�:,�;?
<br /> -.` indebtedness seCUred heteDy.Lender shatl not�nau anY t'iabiGty bE:.suse at anytAing it may do or omK to Qo hereur�ea. __
<br /> �� _ 9.Nars�daua Eflater�.Trustor shail keeD tha RoDerty in oompGance witA atl apDLcal�te Iaws,ordinances and�egut�3i�retating to �
<br /> � industriat hygiene ot environment8l protection(oollectivety reterted to herein as•Environmrntat Lews'/.Tn�stor slia'i�e2p tl�e Property �.
<br /> ' f�ee from sA substances deemed to 6e haQardous or tozic under a�y EnvironmeMal tauvs taotteetrvely�et y�her i.n 8s•Meaardous ; _
<br /> ,�'i' MateriaLs'1.Tmscor Asreby vvattants and represet�ts to lender that tAsre aze no Harcirdnus Mataiaf os�ari�Se�t1s�►oDeRV.T�ustaa t,�; �hi k'
<br /> ,>- " hefehY ag�es�to irtdemnity and ho(d hamd@ss Lertder.its directo�s.otfieers.empTOyee9 an0 a�tnte.and&.yy Suo�essar8 ta EeaQet'9 • ..�., ., �.
<br /> --r.-..��.;, : 'r`:%��� � �icmuesr.fram and against any and afl daims.Qamages.Insses a1W Ga5�7'itics arismg in oonnec�t5an svith the p�se.usa.dispasa�ar - '•���;.,-"-'
<br /> rran�on of at►y�Ffazardous Materiais on,under,from or aboutthe Property.THE WA£fO1NQ 1NARRANTIES AND fi£P1t£SfHTATtON3, �,
<br /> ���:;��< r . ANi�tHl}S7DR'�S�BUCiATtONS Pi1RSUAHT TQ_ttiEl�iRE(ialtdi"a INDEP�CNtiY.Sf1At1 SUiMNE RECONVEYAK�E OF Tk1S OEFD O� :•,>':<;,:��;:,'°.'i:�.n��
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<br /> `t'``�,�� . 1Q.As�tst of Rertts.Tnutor here@y esstgrts m Lender, ar�figlant�Lptdsr a seeurity interest in.a�J present.tuture end ei4w t.' •: �•:f;°=w.
<br />, � _ rising rerns.is�ues snd proTtta of ffie Property;Drovided tfrei Trustm sftBU,urttil the Q4'c�tteitee ol an Evdtt of�48at1 heteund¢t.Asva � .��.: � :':;.xs,:.-.
<br /> ' the rEght to cct(e�t and retain suth re�ts,issves mtd pm1'it�s as tfeey bacortte due 8trd payabte.Upon tAe oceurtenoe of en Evectt of �Y:.;;: ...,�"S:` ,�
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<br /> �r Qdm�h.Lender may.eiiher in persan or by agettt.witlf av rviHsaut hringing any sctlort.Cr.proeeeding.ot Ey a receiver appointed by a �r,�"kt: i���:
<br /> ,.:,•;��, ` : acurt and without�egard to t4�e adequecy ot its accurity. enier ugae�end take possesston cf.the RoDeRy.or any paR thereof.in its ov�a =
<br /> %` ,f�r � y`-y: _ cs�reat in the�eame nf the Twtee.and do eny acts which a Qeems neeessary ord�ra6Te to preseroe the vatue.marOcetabsityr.cx :'�.;:` ';'."
<br /> _ ` '•'`.'��.'> ceit28�itity of the Ftoperty,or enY p8rt thereofr or fntetc35t tRere(n,or to irtaea.5e the+ncame tltereftom or ptotett tha s�euaity h�eot�;�.. --
<br /> �? ; v�itA er wiNaut t�arsg possession of the Ptope�9y.sue tor or otheryvise ca0etit the rertt�is�es and profrts theteoT,incfud'mg those p�t � ! •y��_-
<br /> ' . �r�, dae and uny�d.�g r.mbtyin9 tenarrta to maY�pay.mems m lmQ�. lenEsr may:applK renL�,irsues ar�A profits,less easts mt0 mcpenses -
<br /> �l;., , .;�=.�r �:� . csf a�er�tian and ctllectian ind�ing ettameys.f�s.to arry�St�dne�secureif ft�e�ri.�[in�uch order as Lander may determine.The � � �--
<br /> .���=1�y f, . ,'a,: : ' ent{aing upon art3 takireg po�en of the 81�esty. the caftection of sueA reats.is;ut�s acrcE Frofiis,and the epp5cation theteo! as '� ;�' �*';
<br /> �r�s�4` �. � atoues�.d,shaU cwt cure or srse►ve aJ�y/defautt ar.�r.utice of defa�elt hBteunder ar imtalidaffi�act doite itt tesponse to sueh deteuii or
<br /> ii�t��"�.` ` 'ti ` Pu��tt to sucEt c�rita of�f''mnrJt and,nQt�a�nding the con4inuertce in.pct�otr.c�t.ti,�RoperW ot tlie co0eetinn.reeeipt and .: '� --_
<br /> � � `�'`�' � eDD�on of certe� 'ssu:s pr profits, trusLrjz mF*ci lsndei shatl �e aeID�di oa�e�soy 6ght provided for in any of the Loan �
<br /> <<�:� -� • tnsLtuments or�t�nr upon occurrence of��+rent ot Default. inducii��l�suF frtn3aCt�the right to enercisa the power o�sale. ' -.,��-�
<br /> "i:;�`"� ftu:hvr,.Lender's� hts and�emedies under t1u;i�agraph slia�6e eumsda2s��,a�d ir.n cia way e Gmita¢ian on,lenders rights and '���" �� --
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<br /> � �;.� «�:a under any essignment of Ieases and rants rewrtlsE agamat the i�s�erty.Lsuivc.Br,ustee and the receiver shaU be'tiabte to :�.,�—==
<br /> „..
<br /> . a�rt pnty for those reMS actualN received_ ;:3.r.._:
<br /> ' '. _•`-tf" - :•;It;t����aJ`.1�dt.The tollowing shaf[q�itute an Event of Oefauttu�der ihis Ceed�of Tnist: , • ,•` �,
<br /> � •� ti ;;(�)Feu;df�?X��H?Y any instaliment of pc�.or(nterest of any othet r�tn;.�hereby when due: � � r,__-
<br /> • �,` , ; Qi)A Qic�rti:ai ot detautt under asno�Yisaelgton conteined in the L�Fa�„�Oeed of.Tru.t,eny of the Loan Inswments,orany • . +,: �
<br /> -. -,i`:; - , - ` . � .. - �Ir,� .
<br /> ,r t �sES 6en Gr�a�iw.-nD►ance u��n.ttte Prope:ti(�� , .• �.... ., , � ,;�.,%
<br /> �,��; � ; �� lel A writ.cf�setqriart,�:�uiTad�ment or any simitac gmcess shali tre�Lered�i�i T�-ustor which shall becomo a lien on the ,�����;. �t`��'_
<br /> ;�t�fs� ,:•;... s ' .Rr�fertyoranyyroraxt,+��iwia�f'•rsr•inte�esttherein: '• �` • • +,;;,• . ,,ft --
<br /> ,�. . = '•(d)There s�r.�'!tse,f��l�t�r against Trustor or BortowEi��r aeNon�m.d�an�t pre��ttt iiature federal.etete a othEr st8tue,18w , t�5���.-�
<br />_---- ---�-;�•-';. ;or regutetion.��oJ::.g to b�r►kruptcy, insotueney or other reI'ief far.de0�ai�a�r the,r�z��srdl'#e appotnted any trustee, recelver or '�;.r,,...,�•e
<br /> ' . � � � fiquidator of 7'�:or or Bortower or of etl or any patt of the Property,or tAe rents,issua�vfi¢rofrts theireof,or Trustor or Borrowes _
<br /> � - shall make any general assignment for the benefrt of cred'aors: �. :. -,- �'`-`,�-
<br /> ' (�The sate,transfer,tease,essignment,convaysnte or.#u�thet eneumbrance�ot�t vr ee�y part of or any Interest i�ttla Property, ��"f
<br />.�_!ps';_, , "either vo(untan'ty or invofuntarity,without the express we'sU3,n c�nsent of lender,proviQeQttiat Trustor sfiall be pertnttUed ta execute � �-°—
<br /> . ' ...,;_�
<br />_ a tease of tAe Property tAat does not contain an option to pu?�SB and the term of whfeh dees not exceed one year: . "--"
<br />- .�� ' ;4 (fl Abandonment of theProAerty:or ••� . •:��;� --
<br />- . . (g1 It Trustor is not an Ind'rvldual.the issuance, sa4a,tran§fer..ss�itrc�ent, conveyence ar c-ttoar.�btanee of more tAan C�a .. �'�'r' _-
<br /> , � � �� Corporation)a totat ot percent of ita'l�2d and,outstanding 5ttld5Gpr(N a partnerah£p)a tot�;�f� Ain percent af.'-_ ��,;.� --
<br /> . pertpership intereste,or a imhed IiabiRty.ex�ril�careY)a utt.a3:ct iv/p Dereerrt ot tFiot'rmiteOliabTity company Interests or vottng `. �3s,r�'�
<br /> r��!�F. � �:j ripjrts during tha period this Deed oi Truat rern�s a lien cn 1lte:1?3a�„�`'ernyr: .'.. •. �,f�,:f -- -
<br /> Ys:f 1 i2.Heme�dtes;Aceetmetton Up�is QefaufY.i�sAe evenl c3;�;t=-vent oi Deiauit I.end¢ai�±;whAout notlee except as requ'ved by Iaw. , ��� �• 4 �
<br /> :'�'`�'' dei,fgre ait indeb2edness seeured hereby to be due and pay�dfre antf the same sAell friereupon beeorne due end payabte wiihout anK . ' �"� '.;'�� �:�. _'�.�:
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<br /> • � � presgntment,der:�and,protest ar notiee ot any klnd.ThereaRer Lencser rteay: � •_.�.�*ss`:s-
<br /> �' • � !a)Demand that Trustee exercise the POWER OF SALE granted P�eein, and Trustea ahall thereafter cause.Trustora interest� ��_�_.
<br /> ` . �.�. �*.+ ;�ir�'fie Property to be solA and the proeeeds to be distributed,atl En tbe m�mer provlde0 fi the Nettaska T�ust�eed9 Act; � � � �'-''-�:
<br /> - ' �.(b)Exereise any and a0 rights provlQed tor in any o!the Loan trtstruments or 6y law upon oceurrena3 af"arcry Event of � �'•:�y.r
<br /> • ' !CNaiuul:and � •'��' —
<br /> ' � � ;::�,; � ' (c)Commence an aeNOn to foreclose thts Deed of TNat as a re�a�ag�,_apDnmt a reeelver,or speciBr,��aafMaa eny of4ta_ ,
<br /> . �It't� . . 4ovenants Eci�f. .' ': �, . •.
<br /> - �' �v Q�ta remedY hereir eonfened upon or rese�ved.tc�7n,stee oc Lender is imeralud:o be exdusive of any other�emedy herein,tn tde Laan� -
<br /> _- - .. •.::::��� . , .tqstruments or by taw provided ar Permitteu.bu��ach shati ba cumulative.sha(16e in�itJap to every other remedy�+re�hereunder.in --� "`J==-°--
<br /> ' . '�.;-..�, �.'. �',1�3a�lxs8n tnstruments or nov+ar 1Tareaftei eus7M9 et law or in¢quity or by etetute.ar�inuys lfe exereised eortcuaen4iy,independCntly ot � J �,� � :.�
<br /> s�ia�n�sstvety. ,• �•� � ,-.
<br /> t�.Taa¢e�c The Trustee may tesi n st eny time wfthout cause,end P.enQe�m af aAy tlne end wfthout causB poir�t a suecessar �'��` + , �t•''
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<br /> �� .hr�ilfscicuca Trf,n�tse.Trustee shall not 0m�aDre�To any pany,inetuding w�ithout Ifmrtetion LenQer,Bavrawei,T�ustor or any purcha�ar of -�=
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<br /> ,� � �; •ii�r�i8a���vr��1br n�y toss or damage untess due to recktess or wf7tul miscanduct, and shaJl not be rBQuired to take sny acrion in� � ,•,>,`y�,:._._-
<br /> ` ��� � r: G»nnar.7i4n u,c111 tbe entorcement of thi9 Oeetl ot Trust untess indemnrfied,in 1VKting,fot e�coats,eompeneation or expenses which mayr , ','i'~e�
<br /> �.` �Sn nsr�iated therewRh.fn addRion,Trustee may become a purehaser at any�sate tlt lfierl�YVperty(judicfat or undar the power af sslir •
<br /> � .
<br /> - , . ;';f,! • �'ntnnlnd hereln);postpone the e&10 ot afl or any portion of the Fropetty,es nrovided•by I�ur,.ar:uefl the Propertv es a+e�Aolo.or in separate• ' i:' ,! , � ,'�:
<br /> ' , , pJOA1s or lots at Trustee'9 discretion. '��� 'r' ,.°-
<br /> ,/�' ' 14.iees snd Eupenses.ln the event Trustee sens the Roperty by ezacGim dt power of sate,TnJS[ee shttt!08 etltitled to Appty eny S81tl:. ;� '':
<br /> ` � -,i�•:���� proceeds fhaY To payment of all cost9 and axpenses of exercising powar aY a�e,inciading atl Trustee's faes,and l¢nAer's and Trushaa�s• � " ,��5�, : ;:`
<br />-•�.�� „'� 't`r, , attome}/9 tees,actua[ly incuned to extent permltted bY apAGcabte latw.In�itjQ event Borrower o�trustor exerdses any right Provided bY '�`�'``�`:�'"'`
<br />- _ ..: s;:.;:�a�i .
<br /> , taw to eure an Event of Qefautt.Lender cha11 be entitfed to�eeover irom Trustor a�l costs end eapenses actually incurred as e�esutt of ,�.,;. ,..
<br /> ' Trustor's defauR,irtclud�ng�vltfiout fm+itation e1lTrustea•s•and attomeys tees,to tt+g nxYnnt permitte0 by apptica�te taw. . . .
<br /> �::c.<�',;,.,.,,;, � 15.f�uture A6yrance�.Upon�equest of 6onower.Lendgr may, at its opiion,maf�e eddhlonai and future advanees and readvances to , . : .
<br />_ �.' �,�"+� Borrower.Such advanees end readvanees,witA interest tt►erean,shaU be seeured by this Oeed of Trust.At no time sAatl the prin�yal
<br /> �'; . amoum ot tAe indebtednes9 seeutetl by thls Oeed af Trust,not 1neNd�ng sums advaneed to proteet tha seeurhy ot this Deed of Tlust, • . • .
<br /> �':!�?.,71� exeeed the originel ptinepal amount atateA�erein.or 8_SZO,zan.��'a .wtUChever is greatet. -.-• -. :-.
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