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Loan No: 101253625 <br />DEED OF TRUST 2 012 0 5 5 9 4 <br />(Continued) <br />Page 2 <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMSq <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all <br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of <br />Trustor's obligetions under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br />Property shall be governed by the following provisions: <br />Posaession and Use. Until the occurrehce of an Event of Default, Trustor may (1) remein in possession and <br />control of the Property; (2) use, operete or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repeirs, <br />replacements, and maintenance necessary to preserve its value. <br />CompUence With Environmentel Laws. Trustor represents and werrants to Lender that: (1) During the period of <br />Trustor's ownership of the Properry, there has been no use, generation, menufecture, storage, treatment, disposal, <br />release or threatened release of any Wazerdous Substance by any person on, under, about or frotn the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there Nas been, except es prevfousiy disclosed to and <br />acknowledged by Lender in writing, (a) eny breach or �violation of any Environmentel -Laws, Ib) eny use, <br />generation, manufacture, storage, treatmerlt, disposal, release or threatened release of any Hazardous Substence <br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) eny actual or <br />threatened litigatior� or claims of eny kind by any persorl relating to such matters; end (3) Except as previously <br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contrector, agent or other <br />authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any Hazardous <br />Substence on, under, about or from the Property; and (b) any such activity shall be aonducted in complfance with <br />all applicable federal, state, and local laws, reguletions and ordinences, including without limitation all <br />Environmental Lews. Trustor authorizes Lender end its agents to enter upon the Property to meke such <br />inspections and tests, at Trustor's expense, as Lender may deem appropriete to determine compliance of the <br />Property with this section of the Deed of Trust. Any inspections or tests made by Lender shell be for Lender's <br />purposes only and shall not be construed to create any responsibility or Ifability on the part of Lender to Trustor or <br />to any other person. The representations and warranties contained herein ere based on Trustor's due diligence in <br />investigating the Property for Hazardous Substances. Trustor hereby (1) releases end waives any future claims <br />against Lender for indemnity or contribution in the event Trustor becomes liable for cleanup or other costs under <br />any such laws; and (2) agrees to indemnify, defend, end hold hermless Lender ageinst any and all claims, losses, <br />liabilities, damages, penalties, and expenses which Lehder r�ay directly or indirectly sustain or suffer resulting from <br />a breach of this section of the Deed of Trust or as a consequence of any use, generation, manufacture, storege, <br />disposel, release or threatened release occurring pr(or to Trustor's ownership or interest in the Property, whether or <br />not the same was or should have been k�own to Trustor. The provisions of this sectiorl of the Deed of Trust, <br />including the obligation to it�demnify and defend, shall survive the payment of the Indebtedness end the satisfaction <br />and reconveyance of the lien of this Deed of Trust and shall not be effected by Lender's acquisition of eny interest <br />in the Property, whether by foreclosure or otherwise. <br />Nuisance, Waste. Trustor shall not cause, corlduct or perm(t any nuisance hor comi'nit, permit, or suffer eny <br />stripping of or waste on or to the Property or any portion of the Property. Without limiting the generality of the <br />foregoing, Trustor will not remove, or grent to any other perty the right tb remove, any timber, minerals (including <br />oil end gesl, coal, clay, scoria, soil, gravel or rock products without Lender's prfor written consent. <br />Removel of Improvements. Trustor shall not demolish or remove any Improvements from the Real Property without <br />Lender's prior written consent. As a condition to the removal of eny improvements, Lender may require Trustor to <br />make arrangements sat(sF�ctory to Lender to replace such Improvemants with Improvements of at least equal <br />velue. <br />Lender's Right to Enter. Lender and Lender's agents end representatives may enter upon the Real Property at all <br />reasonable times to attend to Lender's interests and to inspect the Real Property for purposes of Trustor's <br />compliance with the terms and conditions of thlis Deed of Trust. <br />Compliance with Governmental Requirements. Trustor shall promptly comply with all lews, ordinances, and <br />reguletions, now or hereafter in effect, of all governmental euthorities applicable to tlte use or occupancy of the <br />Property. Trustor may contest in good faith any such lew, ordinance, or regulation and withhold compliance during <br />any proceeding, including appropriate appeais, so long as Trustor has notified Lender in writing prior to doing so <br />snd so long as, in Lender's sole opinion, Lender's interests in the Property are not jeopardized. Lender mey require <br />Trustor to post adequate security or a surety bond, reasonably setisfactory to Lender, to protect Lender's interest. <br />Duty to Protect. Trustor egrees neither to abandon or leave unattended the Property. Trustor shall do all other <br />acts, in addition to those acts set forth above in this section, which from the character and use of the Property are <br />reasonably necessary to protect and preserve the Property. <br />DUE ON SALE - CONSENT BY LENDER. Lender may, at Lender's option, declare immedietely due and peyable all sums <br />secured by this Deed of Trust upon the sele or transfer, without Lender's prior written consent, of ell or any part of the <br />