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<br />, „ ..,�:•r 'Proceeds')In connectlan with condemnallon or other teking o1 the Property or part ther�of,c�r for ronveyenc�a ln Ileu of candemnatlan.
<br /> Lender ehall be QntlAad et Rs optlon to commence,eppear In and pro�ecute In Its own neme any acUon or proceedings,end shell nlso _
<br />� ' � � be entitled to make any compromise or aetllament in conneCtlon with nuch taking or damage. In the event any portion oi the Praparty ia
<br /> ';� no taken or demaged, Lender shall have Ihe option in Ita aole and ebaolute discretlon,to apply an such proceeds, after deducting
<br /> M theretrom ell costa end oxpenses Incurcod by It In connectlon wlth such Procee�f9,upon any indebtednoss 6ecured hereby��d In such
<br /> ' ` � order es Lender may determine,or to appty all auch Proc:eeds,efter such deduction�,to the restorallon ol tho Propczrty upon such con-
<br /> :`� dltians ee Londer may determine.An� applicetlon ot Proceetda ta Indebtedness ehall not eztend or postpone Ihe due date oi eny pay-
<br /> ,.,� ments under the Note,or cure eny defeuit thereundor or hereunder.Any uneppiled funds shell De pald to Trustor.
<br /> 8. Puformanc�by L�ndsr.Upon ihe occurr�nc:e of an Event of Default h�roundar, or If any act is takon or Icpn!�rocc�ndin� _
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<br /> ` ' commenced which matedally eifects Lender's Interest in the Property.Lender may In Ils own dlscretlon,but without obligaqon to do ao,
<br /> �=��• end without notice to ar demand upon Trustor end without releasing Trustor lrom any obllgation,do any act whlch Trusta has agreed
<br /> •��� ' but faliec!to do�nA may sl+w cb any od�sr�ct N d�ems�scess�ry to prat�ct fM Mcurihl Mrool. TnnEor�t�lt.Nnm�flatelY upon
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<br /> :: demand therefor by Lender,pey to Lender all coste end exp�nsas Incuned and aums expended by Lender in connectlon with the exer-
<br /> '� clse by Lender of the foregoing righte,together wllh interost thbreon at the de(ault rete provtded in tho Note,whlch ahall be addad to
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<br />_ ,�, the IndebtednQSS secured hereby.Lender shall not incur any Iiebility because of enything It may do a omit to do hereunder.
<br /> '� 9. Hwrdous M�tarl�ls. Trustor shall keep the Property fn complfance with all eppiicabta Iaws,ordinances end regutadons -
<br />^ relating to(ndur,trial hyglene or environmental protection(collectively reterred to heretn as"Environmentel Laws').Trustor shetl keep
<br /> • � the Property Nee from all substances deemed to be haxardoua or toxic under any Environmenlal Lews(coflectively referted to hereln
<br />;',.,;x�}..��. _; as'Hazardoue Materials").Trustor hereby warrants and represents to Lendor that there ere no Harardous Materials on or under the
<br /> �'�';• �.'; ' '' PropeKy.Truator hereby agrees to Indemnlfy end hold harmless Lender,Its directore,officers,emptoyees and agents,and any succes-
<br /> � sors to Lender's Interest,from and againet any and all cialms,damages,losses and Ilabludes erising in connection with the presance,
<br /> �-� �`' ,� ' use,diaposal or tr�nsport of en Heza�dous Materlals on,under,irom or about the Property.THE FOREGnING WARRANTIES AND
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<br />�•.",;;.�;:..., REPRESENTATIONS,AND TRUSTOR'S OBLl�AT10NS PllRSUANT TO TH€ FOREOOINO INDEMNITY. SHALL SURVIVE
<br />_;,�j,� RECONVEYAMCE OF THIS DEED OF TRUST.
<br /> 1?-"�f^-"�� 10.Asslpnm�nt of R�nts.Trustor F�ereby essigns to Le�der, and granta Lender e security Interest in,all present, future and
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<br />-. .: :t '. after arising rents,Issues end proflts of the Property;provided thet Trustor shall,untll the occurtence of en Event ot Oetauit, ereu er,
<br /> have the right to collect end retain such rents,Issues and proflts as they beGOme due and payablo.Upon the occutrence of an Event of
<br />�� ,�;;.. + Qefautt,Lender mey, e8her in person or by agent,wfth or wlthout bringing eny actlon or proceeding. a by e receiver eppointed by a
<br /> court end without regard to the adequacy of ite secudty,enter upon end teke possession of the Property,or any part thereot,in ib own
<br /> y,���� neme or in the name of the Trustee,and do any ects which It deems necessery or deskeble to preserve the value, mnricetability or
<br /> -- - - rontebll(ty of the Properly,or eny part thereof or interest thereln,or to increase the income lherofrom or protect the secudty hereot and,
<br />-""�—==`°�� with or without teking poss�ssbn of the Property,sue for or otherwise cailect the rents, fssues 2nd profiW thereof,tncluding those past
<br /> �;�� due and unpeki,by notifying tenc�nta to make paymonts to Lender.Lender may apply re�nb, issues and proflts,less oosta end expens-
<br /> �__�� es of operadon and collection Including attomey's fees,to eny tndebtedness secured heraby,all in such order as Lender may deter-
<br />"° `:."'��'d"�� mt�n.Tha entedng upon and taWng possesslon oi the Property,the collecUon af suah renta,Issues end profits. and the applkk;adon
<br />�""'� thereof es atoresald shall nat cure or walve any dafeuft or notics oi default hereunder or invaudaro any ect tlone�n r�esponae to auc�
<br /> -� default or purauant to auch notice of delault and,notwithstending the continuance in possession of the property or tha oabct(on�
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