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<br /> �� � executed for the purpose of creating,secucing ar guaraatying the Secured Dcbt.A gaod faith beGef by I..ender that �
<br /> - ' I.eader at any time is i�secure witb respecl to any peison or endt}r obligatcd on the Secure�!Ocbt ar that the prospect
<br /> ::x� �� of ar►y payment or the valuc of tt�e Property is impaired shall also coastitute an event af default. .
<br /> `'�;: '' ` - I5. �tEMEDIE§ON DEFA►iJLT.In same instances.federal and state law will�equire Lender to provide Grantor witb
<br /> . •� .` - - notice of the right to ctire or otttes notices and may establis4t time schedales for fiuedosure actions.Subiect w these
<br /> � ��� limitations.if any.Lender maX acceterate the Secured De bt au d fare c lose t h is Securi ty I n s t r m n e n t i n a m a n n e r . .:.
<br /> —•__:--__� �4- provided by laa if Grantor is in defauiL ' `` �:`
<br /> _.' �_ "�� :
<br /> :.:���:,. ; At the option of Lender.alt or any pari of the agreed ft:es and charges.acaued iflteresi and principa!shall besome �.___.-_
<br /> ' - .:- _. � immediateIy due artd Qayabte,after giving notioe if required by law,upon the occurrence of a defauIt or anytune
<br /> �� �"� r`''� ��; Wereafter.In addition,Lender shall be entided to a!1 the semedies provided by law,the terms of the Secured Debt,
<br /> �:�--.�-��-:--- :'..� . this Security Instrument and any reiated documeuts.including without limitation.ihe power to seil the.Property ���-=
<br />"�=r�°=-=-=-�'-° ' If there is a default,�Trustee st�aU.in ad�ition ta any other permitted remedy,at ths request of tiie Lender:advert'se 'F��i=�
<br /> _.i ,_ :�.y;�r$:°
<br /> . � and sell the Property as a whule or in separate parceLs at public auction to tbe hi�est biddet foF rash and convey :.�•,:�_�.
<br /> absolute atte free aad clear of all rig6t,title and interes!of Grant�os at such time and ptace as Tnistee designates ?�t;:
<br /> - "� � .:�� . Tn�stee sball gi�.�s�otice of sate inctuding the time.terms a�td place o��`e•and a description of the property ta he sald ��;-;-"
<br /> _ `��;;,. as required bp,�tv�licabte law in effect at the time of t�e.�roD��.zt�:: � . ' �''`
<br /> ' Upoa sate of the propert.e�:�'b the exteat noi protu�it:�3'.fi�'taw.Tr.��sh�Il maB,d�d detiver a deed to tite Froperty
<br /> ��• ;+�`:;� sold which wnveys aDsoE�.,i�ii�:to the purchaser.aad.�,�iac f�p�y�ng all fees,char�.and cc�sts.shaU pay Y�L�nder all � °.;
<br /> � ''�,�",`'i:;��:�:' moaeys ad�anced for re�'s;��ces,insurance,Gens,a�ents and prior encuaabrances and iz�,t:�st the�wis,and the ;'
<br /> ",:'' ` red Debt, a 1Si� lus.if an ta Grantor.Lender in�• tiie Prope:ty. '' •��°
<br /> . � �� principa!and interest a�•f9���'��u P Y�S �' Y• Y ��;� ';:�:
<br /> :��.' �e��aL�in�any c�e�c�s�<y�.Feyaaoe shaU be prima fa�:�vidence oi the facts set forth thgrei;i��:;::� • �
<br /> � `�{� qu remedies are distinc3t�fo�x�ative and not excluss�+e;3rti.�3 the Lender is entit�c�t�all remedies provided at law or `��,__
<br /> `` eq�city.wliether or noi e�p��,j set forth.The acceptatli��L�ender of any stm�i�i�tsz�rutent or partial payment on the -
<br /> ` � � ; Secured Debt after the ba��rire is due nr is aocelerated or after foreciosure pcnc��gs are fded shaU not wnstitute a
<br /> � • waiver of Letsder's righ!to require oomplete cure of any existing defa+�lt By not exerccs�ng any remedy oa Graator's
<br /> �� ' "?:.���� � ' defaWt,Lender does nat waive I.ender's right to later consider the ei��itt a defautt if it cuntinues or happenc agaiu. :
<br /> , �, t when ' '`�.:
<br /> ,•N •: �:�'`� 1G. EXPENSES;�DVANC�S ON COVENAND'S;ATTORNEYS'FEES,CO�.�ECTIOIV COS'FS..Exs�P
<br /> " . _ . .�."'; . prolu'bited by law.Granior�agees ia�pay all of I.eade:'�S expenses if Granwc.l•;re��hes any covenant iri�Sccurity . =_
<br /> ^'-''� l°' .' Instrumeat�Grantor mU alsv pay on demand any am.qu�*incurred by Lendea�.'i:`�suring.inspecting.Preserv6ig�or ,
<br /> .. "� athc�vise prt►tecting the Pcoperty and Lertder's s�:�nteresi.These expe��::��'�vill bear interest fr�m the date of � ,
<br /> - the payatent untii paid in faU at t6e 6ighest ntterest,tr�+n effect as provi¢ea m the terms of the Seaued Debt. �„�•.
<br /> . �:".{� : Grantor agees to Qay a11 casts and expenses incurred byt�nder in collec,ting,�tforcing or protecting I.ender s ri�hts �
<br /> �° :="�+; and remedies under tbLs Security instrutuent.This am�.-�tt may include.but is.aot limited to.attomeys'f.oes.cnurt �;
<br /> l -•-,.
<br /> arsCs,and other Iega}expem�es.This Security lnstnam�snall remain in effect,r�til released.Grantor a�to pay �,.-�.
<br /> r •ti ; .,� ,. . . .�. , �t ._•
<br /> c ' -� fi�c�iny recordation costs of such release. ,� :. � - �" :
<br /> !r ,�.;a;': 17. ENdd�tONti�Ti'Ai.LAWS MiD HAZARDOUS S��L`3�STAlvICFS.As ased i���is section.(1)Euvironm;�t�1 Law �'
<br /> - > �' '.� i<.° means.without Wnilation.ttte Comprehensive Envisonmental Response,Cotnpensation and LiabHity Act��CL.A, , �:
<br /> '��' >� � '�` 42 U.S.C.9601 et seq.).and all ottter federat.state•add toral Iaws.regulations,ordirtances.cou�t ordets+,t�Stamey ---
<br /> . `�:,,. .' s�c.
<br /> ' ° ��:: general o�+inions or interprerive letters a�ncemiag.tlie pubin:health.safety.c�elfare.environment ur a;��',&�dnus _
<br /> �� � � •• `- substance:and(2)Hazardous Substance means aay?l�a.�e.radioactive or hazardous material.waste,peis.�ctant or
<br />_;"'�' �� `�`��'�'` 's'" contaminant�vhich has characteristics which render#_�substance dangerous or patentially dangeruus to the public _-
<br /> heaith.safety.welfare or environmenL The term inciudes.without limitation,any substances;�;6ned as°harardous -- _
<br /> - `'�.���- material,""to�c substances.""hazardous waste"or"hazardaus substaace"under any Envitorf�eutal Law. _--
<br /> � . ��r.,... , �..
<br /> •F � F'rtia�t<. � �rantorrepresents,warrantsandagR:estha�: • . � • � -�,:__
<br /> _`, a f".. �':''`t�,. Exeept as previousT�a�nslosed and ackna+��l���+n writing to Lender.no Hazardons 5abstance.i�;oa���+.cifl be.
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