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<br /> ' � � � 1���'�1i�i b Lsnder that
<br />_ .c�� � fr". ,�� + i • -
<br /> �`� j executed far he �$��°L 6'�arantying thc Secured Ocbt. gc�od Y .: ..�
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<br /> . � Leader at ctn ' any petson or entity obligated on the Secured Debt or that tize�rospect `
<br /> � � �- of any payment or the vaIue ot the Property is LnpaL'ed shatl also oonstitute an event of defaul�
<br /> ' °'`�+'.; � R�MEpIES ON DEFAULT.In soutc iaswnces.fedcral and s:ate law w�1 r�equire Lender to provide Grantor with
<br /> ' � . . . notice of the cight to aue or other aot�s aad m�y establish•�iule scheduies for fareclosure actioas.Subje�t to Wese
<br /> m
<br /> � � limitations,if ai►Y.Leadgi maY$°°elerate the Seeured Debt�and foreclose this Securiry instrument in a maaner
<br /> � provided by law if Grantor is ia defaW� : �: � .
<br /> ;��'. .: all or any part af the ag�eed fees and cflarges.aocrued interest and principal shall bewme `,:
<br /> � '���.�.� At tbe option of Lender. "������ �
<br /> �� �'"�,,,r �m,mediately due and payabte,after givmg notioe if re9uired bY law�upon the occurrence of a default or anytime -
<br /> . - thereafter.In addirion,L.ender sHaii be eatitled to all the remedies provided by law,the terms of the Sesured Debt,
<br /> _ t•.� :
<br /> lhis Se�itY Insuameat aad any related documeats.includ�n8 cvithout I�autation,the power to sell the Property
<br />" If there is a defauit,Tnistee sha11,�n addition to any other permitted remedy.at the request of the Leader.advcrtisse ,?�f:_,: .
<br /> � � � • . and seIl the Property as a whole or in separate parcets at pu6lic auction to the highest bidder for cash and com+eY ._...��>:; ,
<br />: ..:,:..�,`': ,:�,:� ..,,
<br />.s��� .� absotute title free and clear of all right,title and mterest of Grantor at suclt time and pla f�e'Tmstee d��� ;ir' ;;
<br /> `�`- ' Trustee shall give notice of sale iaduding tlie time.terms and phce of sale and a desaiption P�P�Y ���.'...�.
<br /> . :` :'�'.. as uired by the applicab2e law in e�ect at the time of the pa�posed sale. �_�` �_ ,.
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<br /> : ;,,..: U�san�of the property and to the estent not proW�ited by I�w,Trustee sha11 make�ae��e�r a��y t ��� ` "
<br /> ' sold�T��oonveys absolute title to the purchaser,and after 6sg paying a11 fees.c h a r g e s :`�
<br /> moneys advanced far repaus,taxes,iasuranoe,6ens.asses�eats and prior eacumbrances and interest ihereoa,and the '�, �i
<br /> .- - ,.;i�. principat and interest oa the Secared Debt,PaYing the surPt�s,if any,to Grantor.I.eader may purchase the PropertY-
<br /> �`:t<;' T'i�e reci t a l s in any d e e d of conve g a n o e shaIl be prima facie eve�t�eace of the Pacts set forth therein. . .
<br /> 4.�`,� .:�::;"; �������,�tive and not exclusive,and the Lender is en6ded w ait remedies pro aded�t on the �,`���:
<br />.�;�;� . ; ,.� .: e q u i t y,w h e ffi e r o r m�t e x p r e s s l F.set forth The as�oeptance by Lender of aasg sum in payment or partial p Inn ,�. �.:-
<br /> . , � ' :. Seciued Debt aRer the balance�s due or is�4ce�:rated dr a ft er f orec lasmma+�s r o c z e d i n&t a r e�e d s h a l l n oon Grantor's '� ��
<br /> ,srT•...
<br /> defa�nlS.By not exercising Y m��5► ' "'.'
<br />:•:.,�:..,.;.-__..: .:. te��of any e�tiuS m'� �:.:..';
<br />�°��-- waiver of Leuder s is�ht to reqaqra ommp, ,
<br /> ��`�'�:�_ defautt..E..ender does not waive�.eader's nght to tater consider We event a defanit if it oontiriues or�appens aSaia- e,
<br /> a,g, ��S�S;ADYANCES ml��O�NAN'�'S+A�T�t�`'��Y S'F E E S;W L L EC1qON COSI'5.Except.�eeai
<br /> :,�'; �.`�`',` '�u:.�fry law,Gtantor agrees to pay all of Lender's e�-'..�s if Grantor breaches aay covenant in this S��ty ,�,,
<br /> �. F��� Lender foa insuring,insPec�g.Preser�vi�g os � �
<br /> ,'- �. .�;,,,; . .. �rn�Grantor w�l also pay oa de�nand any amou��'�e�P���bear interes2 fcom.the date of :
<br />,.,...�.,... ,°,;:,� . athe�e protecting the Property and Lender's seca�ity� � � _.,.-
<br /> r� �� ;',f�r: the pay�nent unn�paid in fuU at the lug6est interest mte gs effect as pravided m t6e t��of the Secured DEbt- �_
<br /> , .. ` �.��';,fi C3rant�agcee.s to pa9 al!msts�nd expenses incurred by LeQCder in coiiecting,eaforang ar protecUing Leader's ri,��As �»�;.
<br /> ,,:.�', and remedies un der W i s Secun ty I n s u u m e n t T h i s a m o u n t m a y i n clude.but is aot�Omited to,attomeys'fees.�rt ���;
<br /> • vasts,az►d other tegal expenses.'I7�is Security InsWment shall remain in effect until released.Grantor agcees to pap ------
<br /> . , : • . , for auy recordation costs of such release. '�_
<br /> 19. �NV�ON1V�Ni'AL I.AWg AND gIAZARDOU��UBS'�ANCES.As used in Wis section,(1}Environmental Law �,;.�,
<br /> Com ensation and Iaa6ility Act(CERCLA, --
<br /> . � ineans,without lim�itation,the Comprehensive Envirnnmental Response, P �T r_-
<br /> , m�
<br /> 42 US.C.9601 et seq.).and aU other federal.state and tocal laws,re�ulations,ordinances,coprt orde�s,attomey _
<br /> ; ' ....��;��.. . general opinions or interEuerive tetters concerning the public health.safety.welfare.environment or a hazsrdous
<br /> substance:and(2)Hazardous Su6stance means aay tomc.radioactive or hazardous material.�vaste,poUutant or
<br /> � cuntaailnant which has characteristics which render the substance daagerous or potentially dangerous to the public
<br /> " dealW.saiery,welfare nr environmen�The term inciudes,without limitation,any substances defined as"iiazardotu
<br />- ' material:"toxic substanoes,""liazardous aaste"or"hazardous substance"under any En�����w. 4 ==__
<br /> . . � Cnantor represeats.ararrants and agcees tha� �-_
<br />- . �. ,. .� : , � p. g,xccpt as previousty disclosed and acknowledged in writing to Lender.no Hazardous Substaace is o�wi11 be �
<br /> � lacate d.store d or released on or ia t he P ropert y.Tbis resuiction does not apply to small quantities of , ���
<br /> � , . Hazardous Substances thai are generatly reoognizEd to be approPriate for the noraial use and maintenance o f �;__
<br /> ;. . . the prapeRy ��
<br /> ' " B. Except as prevIously disclosed and actnowledged ia writing to Lender.(3rantor aad every tenant tiave tseen.are, �..:..
<br />- �� � � and shall remain in tull oompliance with any appticable Environmental Law. .-.,
<br />° ���„ :..' ' • G Graatos stiall immediately aotify Lender if a release ar threatened release of a Hazardous Substanoe oocurs on. ��.---..
<br /> - u nder or aboul qhe Property or there is 9 eme d i a t a c don ac�o r d a n ce w i t h a n y E m+u o n m e n t a l L aw.In such
<br /> :�, � � .
<br /> � an eveat,Graator shall take all necessary
<br />- � � D. Grantor shall immediatetq notify I.endet in writin8 as soon as Grantor has reason to believe there is any ;.�.�
<br /> , pending or threatened investiption.elsim,or proceeding relating to the release or t�reatened retease of any r._ .�_.
<br /> Hazardous Sulsstance or the violatioa of any Eavironmental Law. �
<br /> � � 1g, �pNDENRVATiON.Grantor w�l give Lender prompt umice of any pend.ing ot threatened actton,by private or � '�•�
<br /> � :_ . • pubtic entities to pur c h a s e o r t a k e a n y o s a U of the Pr o p e r C y thmsgb o�ndemnatton.eminent domain,oz anY other �,�y
<br /> mrans.C•rantor suthomes Lender to inteNeae in(3rantor's name in any oi the above descn'bed actions or c l a i m s• �,-��:
<br /> � •� Graator assi g�s to Lender the pracceds oi any award or ctaim for damages oonneded with a condemnarion or other r,,
<br /> � � taking of all or any part of the Property.Sucb prooee d s s h a ll b e w a s i d er e d p a y�r t e n t s a n d w�7 1 be a p plied as p r o v ided in _._
<br /> � � tiils Securiry Insa�nent.'Ihis assignment of proceeds is subject to the terms of any prior mastgage,deed of trust. { _
<br /> � ' sectuity ageement or other tien dacument. .
<br /> iq IPISURANCE.Grantor shall keep Property insured against loss by fire.Rood,theft aad other hazards and risks
<br /> • . reasonably associated w�th the Property due to its typc and focation.This insurance shall bc maintained in the amounts . .
<br /> w
<br /> ' ' and for the periods Wat Lender require�.The insurance cazrier providing lhe insarance shall 6e chasea by CranWr
<br /> . . ° . subject to Lender's apyroval.which shall not be unreasonably withheld if Grantor fails to maintain the oaverage
<br /> = � � - descri6ed above.Lender may,at Lender's option.obtain coveraSe to protect Lender's rights in the Property aooarding
<br /> � � to the tern�s of tivs Security Iaswmen�
<br /> � . pp insurance policies and renewals shall be asceptable to Lender and shall inciude a standard"mortg,age dause"and.
<br /> - ; - . � where applicable."toss payee clause."Grantor shaU isamediatety notity Lender of canceUation or terminatinn of the
<br /> -' -- insuranoe.Lender shall have the right to hotd the policies and renewals.If l.ender requires.Grantor shall immediately u _
<br /> - � give to Lender all,e�;a i�a�t�u��may make Pru f of loss if aot made immediatety by Grant�e�te notice to
<br /> . the insurance cam
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