_ _ ��_�:�.� --�---..-._ .�—_ ..-. : -
<br /> -=-: .. � . . .--_ ---
<br /> ;., . . .
<br /> . -�r_=�� . . ,�,. . . - . - _ .
<br /> . _ � , � ' . . t ..� . , -_ .- � �.b'`- t'c - _ - '.. ':�..rifc'. - � , � .
<br /> , : . .
<br />__ —__ _-_---e-�.—_ :^•., '�' ,i. _...1� - �------�--�^.-5,-'��_. —— -•-�^-•t�---'.—-_,--�—. _._._�-- -_--.
<br /> --nr'�z—� �"--- ' '" '_"_' -�._�_�-_.._..-.--. - .
<br /> __� ., : .� . . 9�.-i����so :.
<br /> , `• ` ( �?�AR OIIS �TERxALS. The Truator warrants tteat no toxic or �.
<br /> . � - 19.
<br /> hazazdous substaAce, w�ste or constituent� as defined in any loc�I, state ��°�
<br /> � ' , �� or federal law governing liabflfty for any �uch su�stance, waste or -- .:
<br /> Gonstituent is, or has been in the past, located on ox released from the .; 'r
<br /> °� Premises. Trustor knows of no other emrironmental hazazds on the Premises .
<br /> "' �r��� exc�pt as disclosed in the Enviroamental Survey form Trustor has prepared �
<br /> °,� .4._:: .,.,_•�•_.;..�.. for Beneficiary. The Trustor shall not, nor shall the Trustor permit �Y�
<br /> -- ��� , others to, use the Premiges at any time to generate, transport, store, _
<br /> - . - pzocess, treat. os df spose of a�toxic oic hazardous svbstance. waste or �:
<br /> � constituent. The Trastor shall. not take, fail to take oY permit any action �
<br /> � . which. may resu2t in a re�ease of,any toxic or hazardous substance, waste
<br /> � � - - or. canstituent fYo�a the Psemises. The Trs�stor warrants that tYie Trustor r �� ,;;�
<br /> .. .`
<br /> � .
<br /> -��� -�� ��� ° -' �� is not subject to an�;.�clai� to.which aay local, state, or federal law
<br />. . ::.;��. �gove��g liability f� any such sl�bstaace, waste, or consti�uent may �.,;'�:,;:
<br /> �t���.,,.: ,�-� .. apPlY% . . ' ,. ,
<br /> s ;f .�; t: � Withia ten (10� ��;.��fter learn�ng of. the occurrence of �a) �
<br /> •-x- � ' �' ariy evant relat,inq to any "r;s�tic or hazardous substance, waste, or � .
<br /> - . `.f�"•.�� constituent with respect to t.�%:'.�'emises, or (b} the commettcement of any .;,.: •� <,
<br /> f r;. .'�,. , • Iitigation, arbitration or ot�r�i.�:iroaesding that a�ects the Premises, or f , �:
<br /> (c) notice frene any qovexnment� �;�avernmental ageaas.�;that� the Prem�ses csr � � �� � ��
<br /> .F' : .: �� , .
<br /> � - • , any operations thereon.a.re not ia com�r?i�ance �'��-�aaY Iacal, sta�e os � l ' ;�. `< �
<br /> �=- fede�. Iaw or notice �t the Truste� *��-�1]� or�lc�tt o� �e Premises�is `
<br /> - F� snl��ei� to aay substanc�e,;�':�was�e or cons'k��nt, the Trustor rhall gfve th�� , - � � ; ._`.;�
<br />: -'�.:z:.--�--:�� .� . ,,. ,� ..
<br /> ., • , ,��, .�:'' Bene_z�iary oral and �'�:ten not,.ice t�,�af, describinq the same arid the '� .
<br /> � • � §tegs _that �riTl be taken by thc�;'��stor,with res ect thezeto. � `�`' "
<br /> ' , ,�` p '�'�"'�`.
<br /> " �`' ' � Trustor a� �.a`ware 'that Heneficiary is relying on the ,
<br /> f I,.
<br /> _"_ :�` ` " representations aad wasr''n:'Ci,es containec� �a, this section in making the loan . _
<br /> . ,.� , '; secured by tEt3s IIeed af+�.'�,rcist� T*ustor he�y agz�es to indemnsfy. defend , j ;, '
<br /> ; .., -. . � , , ::� and hold BenaPi.ciary h��fi�e�s�;�3�isist a�;�"r�ss�::�asts or fees it suffers, ; �_ .Y,#.
<br /> , `; i . whether du�fsig the tes����eo-���:�t aEn�'t..s��:#�.�.. ,r.: including, but not -•,
<br /> �,..�.'=ter.
<br /> % '� lfmited to, reasonable.'.,,�ctn����:��es a.y',���'�i�'�bf any inaccuracy in any �:r
<br /> ,,:,
<br /> �� representations or wa.��tties herein �����g of whether Trustor had ,�.
<br /> '°s` knowledge thereof. '� , �.' . ' .� �'�'
<br /> ,, . ., :� .:...•, � : � : :�,
<br /> �` , � 20. g��''"'""�"m'•:�'" T.EASP9 A�� ttEN'rs. � Trus�c� hereby sells, assigns f,�:�� �,,j_
<br /> and transfers unto Ber�e.ficiasy all. of the leages,�t�ats and profits acw due �l�f,.�,
<br /> .�• •���.-
<br /> � ; � �` �;f;. �. and which may hereaft�7r'�;�aecome due under or by virC�e of any lease, s±tiether ' •.Y.,T:;.-
<br /> �� wr3.tten or oral, or aa�r.,�greeiaent for the_use or�oce�pancy of the Premi.ses, , ,,
<br /> ' " ��t� it being the intent«�.z of this Deed of Trust to estab�ish•an absolute }
<br /> r;,�,._..�:
<br /> �",� '� traasfer and as�ignme�lt oP a21� such leases and agzeements and all oP the , 1�R •;,.
<br />- ' <; ` ' ,, • rents and pio��.�s from the �Tr�,.�i.ses unto Bene�n.%��ary. Trustor'�,�aeseby ' �:�;
<br /> � • • irxevacably a�r�3nta�H�QeffciaiT�°','��s_Trustor's trr;�;.•�and lawful attosney in Y �°
<br /> - � �", . � of�.';mra.^.,t fs �ou led with aa interest, ���
<br /> , ; Tsustor s natne and s�!=a.�u F�hich .app p ' � ,i:
<br /> ;,� ,F �aravided, Trusto�":�
<br /> , -,, . � to collect all of saic� z�'�s ant!:profi� �2�a11 have the • , ; .�.; �,'
<br /> � rfght to collect anct ��:�ain �s��ks rent.� ;�d profits unl���;'�nd until an � .•
<br /> • � event of dePault exis�''�:�3��':ttl�B �eed' o� Trust. Upon the accurs�..�:e of E
<br /> - '�.�;-;t ._ � an event of defanitP,ti�;�i�.�stre�.`:�s�aze or after the instit�tion: �•�.;;'�eqal
<br /> ". � i � -' � ' , proceedinc�s to forecl ��a�.,wtse. ��:�� hereof or before or aftes,sal� iv�1t«`tuider
<br /> or during any period�a2��:�z�eu►ption �existing by law, forthwi.�, u����d�aaand ,
<br /> ;'_.'� ,`..
<br /> � . �.�,.,�,r , - of Beneficiary. Trusxu� shall surrendet to Beneficiary•�ni� e��#��ciary _.,
<br /> „ _ , , shall be entitled to e�tter,u�r���and take and ma�atain pasrsessioii��taf �the t
<br /> 1 ' , premisea and;aray lea�e�: the���er and colleat � retain any ��.r�st'.:s,and 5,,.;
<br /> ±���yr�::" ' ` , . , �r ��..,
<br /> .:���:q��: �. . . ',:.;� , � jprofits fsom the Pzema;sea r��._hold, operate, �:��nage and co�tCi�u���' the � .
<br /> , �� � preinises and any sucft�;��'�se�s �s���to do such things in its discret�on as may - .
<br />- • � be deemed proper or n�q�assary�to enforce payment or security of the rents 'f ' •
<br /> .:�'��. � , ' ''
<br /> ' ' ��'•' and proffta of the Pres�.seS_'�4d performance of the tenants� obligations �• .•
<br /> � ' ' . under any leases of the Pre1�.i:�;�,s, with full power to cancel or texat;.nate .}�;��'".
<br /> any lease for any cause or �ar���xr�;� grounds which entitle Trustor to�,r,r�ttcel ' :;� ��1�.,�`.
<br /> � the �ame and to elect ���:c�isa��f;3'm any lease made subsequent to this Deed �z �;,:.-
<br /> . . �`.• .
<br /> � of ��ugt or subordinatx-�s� to:the lien hereof. Heneffciary shall not be ' � .. �
<br /> . � - • � ohlfgated to perfo� �-�� discharge any obligation or liability of the ��. � ��.�;i`�� �
<br /> �� �� ��•� � 2 a n d l o r d u n d e r�an y of saiti l�s�• Trustor shall and does hereby aqree to ,: ����'.::-
<br /> .,;r,y��- . . .: ._ .
<br /> :;<,,;t� indemnify and hold Benefici��y hartaless from any and all expenses, ` �;�
<br /> - � • liahilfty, losa or damage whicH�it�mfght iacur under said leases or under
<br /> � ' �- � or by reason o� thfs Assignment. This Zndemnity does aot apply to any � .
<br /> � lisbility to the estent it is caused by the wfllfu] misconduct of .
<br /> ', Beneficiazy. Any amonnts incurred by Beneficiasy fn ceunectfon with its
<br />- � . - � rights hereundes, including casta, expenses and zeasonable attorney�s Yeea.
<br /> ahail bear iatereat at the rate of eighteea percent t188) per annwn and : . .
<br /> - - - shall be so much additional Indebtedneas Secured Hereby. Trustor shall ; .
<br /> � --- - � reimburse Beneficiary thesefor immediately upon demand. Heneffciary may .
<br /> � � � . apply any o£ said renta and profits reaefved to the cost and expensea af
<br /> - . . � b � :
<br /> ��,,. . . . . .
<br /> _.�:
<br /> . . . ;:
<br /> . .
<br /> ' �
<br /> .. .
<br /> �, .
<br />
|