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<br /> 7.EmInent�omain.Lender[s hereby assigned atl compensatian.awards.damages attd other payments or retief ihereinafter'P�oceeds9 �;__�.� �
<br /> � fn conneeti0n with condemnaUon or other tatring of the Fropercy or part tAereaf.ot for eonveyance in lieu ot eondemnation.Lender shaft .
<br /> •• � - teken ot damsged.Lender ahap have tAe option tn its sole and absotute disrxetion,to apply all sueA Proceeda,after deduciing therefrom
<br /> � • a0 eosta end expensss lncuned by K in connection with sueh.?roeeeCs.uDon any tndeDtedness secured hereby and in sucA order as -
<br /> . lenQer may defermtne,ar to ayAty ell sucA Roeeeds,after sueh deductions,to the resWration of the ProO�Y upon stcch canditions es • °��•;
<br /> . lend�r may Qetetmine.My eppiication of Fraceeds to indeCtedness eha0 not extend or postpur+e the dne date ot any payments vnder •�r � " .°��
<br /> " the(�ote.ar euce sny dsfautt thereundar or hereunQer.Any unayD�i�ands s1►aU be patd to Trustor.
<br /> •� � 8. P�nrfotntntfes Oy Lander. Upon tde occu�renee ot en Event of Default.hereunder,ur if any aet fa taken or tegat proceeding �" '��k
<br /> . . . commeneed which mated�ty eifecta Lende�s ir►terest in tRe Fmperty.Lender may in its own disaeibn.but wlthout o�ligatlan to do so. (� < •�.. .`�
<br /> and wlthout noUce to or demand uAan T�usto�and w[thout reteaairtg Tr�ustor nom an�obSgaHan,da any act whfch Tnsstor has agreed �
<br /> � but feits to do end may e9so do eny other act h deems necessary to protect the securYty�ereof.Ttustor shalt,immediatety uyan demand
<br /> � tfiereter by Lendes,pay to Lendm aIl costa end expenses incurted and suma expanded by Lendat tn wnnection whh tho exerdse by � ��<.
<br /> -:�r.�i Lendar of the foregotng dghte,toged►er wit!►interest therean et the detault rate provided in the[�ota,whieh shall be added to the 0 `y '
<br /> `�---��--:� indebtedness secured hereDy.tender shafl not(ncur eny Hablfit�t 6ec�se o!anytptng it atay dc or omii m do Aereunder. °x,___`�.�
<br /> • �Z`� 8.HtRerdous @1latoAtds.Tiustor shaU keep the Roperty in compGance with atl app5cabte Iaws,ordinances and regulations reTaUng to�
<br /> � industriaf hygisne m envirortmental protecttan(eoRactlYety retertad to herein as'Enviromnentei La��us'1.Tntstor shall keep the Property�
<br /> � iree iram aD substences deemed to be A�ardous or w�dc under eny Environmental Laws(coIIeettvety reterred to here6�as"Haterdous^` _
<br /> `� - ' � Matedsts'1.Truator hereby warrants and reA�ese�t9 to Lender ti�at thero are no Hazardoas Material on ot under the Property.Trus'ca v .-
<br /> - heteby agraes to indemrrity and Pwtd harmiesa Lender.its directors,ofReere,emptoyees and agents.end eny euccessors to Lender's • . :
<br /> � , imerest.from and against any end ell daims.damages.lasses and�abitittas arlstng in connectiun whh the presence use.ctisposal or '�.
<br /> vensport of any Hatardous Materta►s on,under,trom ar about tba Pmpeity.THE FORE�OIN(3 WARRANTIES AND.REPAESFAiTATlONS, �� �
<br /> AND TRUSTOi�S OBUQA7IOIdS PURSUANT TO THE FOREGdIrtt3 tND�UINiTY,SHALL SURVNE RECQNVEVAN[�B OP THIS OFED OF _
<br /> ' ' -- . ``...+� TRUST. � ` 4• ,,:
<br /> «.�, 10.Asstgnment af Res�s.Tnutor hereby assi9ns to Lender,and grants Lender a security tnterest fi,all presecit.future and after ' ',a;
<br /> ' � rising rents.issuea end profita o!the Prop�ty;provided that Trustor shall,until the ocwrrence of en EveM o!Oefautt haseunder,have ��`=�'
<br /> ' the dght to eo7ect and ratain such rents,issues and profits as tAey deeome due and payabie.Upon the oewRance of an Event of . _
<br /> Qefauh,Lender may,either in person or by agent,with or without bdnging any actian or proceeding,or by e�ecetver appatnted by e
<br /> •c, , ' .:;3 ouurt and wiihout regard to the sdequacy uf its seeurity. enter uAon and take possessIon of the Piroperty.ot any part thereof.in its own ',;,��_:`
<br /> � - " neme at in the name at tha Tnistee,enQ do ar�y acta which it deems naFessa�y►or desirabte w preserve the vaiue,rttartceta6iGtY or :^:^�};�.,
<br /> � ���•� renta6tiity of the P�opetty,ar arry part thereof at interest thereln,m to increase the income therefrom or protect the sewrity hereof and. ����''i�: �
<br /> :^:'w,,,ti�:y;�
<br /> , / : ;�.;:°: wftA or without taking possession of t7�e Praperty.sue far ar otherwtse eol[ect the m.nte,issues and proftts thereof.tnctudirtg those past • .�,��_.
<br /> -- °-- . ' due and unpafd.bY natffUii+9 tenems co make PeymeMs to t.eader. Lr�der maY eAPfy rents.Lssaas and Profits,fess costs end expensas ,,'.;:�r�;,-'
<br /> � � • a:�:` of operatton and coltectfon indud'mg attomeys'fees,w eny indebtedness sewrad hereby,ali fn such order as Lende►may Qetermine.The .: �
<br /> - ", (�' entering upon and taking passessian af the PropeRy, tha eoRecUon of sucA rente,issues and profita,and ths appFica4ton theteof es " • ` �
<br /> �;;;1:��'.� afaresaid,shaA not cure or waive any defauft or notice af Qefault hereurtder or invalidate anY ect done in responss ta suctt defauR or •:'
<br /> _�.� _;.�4 putsuanf to sucb notice ot defautt ffird,notwithstandin9 the cant�uance In possession of the Property o�the coQection,reo�pt and :
<br /> '::`"'_,. ... eDDR�ion of renta, tsaues ot OroSts.Tn�stee and Lender ahaii ba erttitted to exercise every dgM Provided for in any or�a Loan� ' . `:;— �
<br /> , ;'�, instrumenta.ar fsy law upon oceurtence ot eny Event o!Oefeutt,tnctuding wtthout I'rtnitadon the ngM to exercise the pourr�r of sate. . •:;�,
<br /> • Wrther,lenders dghis ans remed�es u�der this paragraph sha11 be cumufativa wRh,an6 in no w�y a tfmitadon on,Lender'a cighl8 and .:-.:..:- .
<br /> . � �� �emedtes under airy�ssignment ot teases enQ rents recarded against the Rtoperiy.Renda.Trustee and the receiver sha0 be QebSe to -''.'';.
<br /> �. ,..
<br /> ,.''; ' `i accouni onty for those rents acwaLy cecetved. ��':
<br /> '� `�', � ti t.�of dafa�fit.The fo;}omisg BhaB constEtute an EveM o#Qetautt under thJs Qeed ofc 3nist:
<br /> `:";�x' ., `� ; t�Eailura to pay any lnstelTmsr�2 of pdncipal or interest of arry other sum secured hereblo a'hen Gus; �°a�z°
<br /> ��'` � ' ' '" lbf A 6reach of or defauh unQer any provis3on containeQ in the Note,this Oeed of Tnist,any of the Loan Instrumer�s.or any ���`�
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<br /> . �., other pen or encumbrance upon the Property; :�%i`;�'�r::;,
<br />- � (cl A writ ot�eeutton ar attachment or �yy simBar O�acasa shall be entered against Tn,stor whiefi shail become a Uen on the ��;���
<br />- 'r� ' . ` ProDertY or anY Portton 2hereof or interest theraitr, �'j���'"z
<br /> • '. ;, (dy There st�e11 be filed by cs a�st 7nsstor or Borrower an action under any prasent or future tederat,state or other�+e,Iaw '�'�=
<br />•. � ' or regutetian retating to banta�:aY, tnsotvency ar other �eRef for debtors;or there aha11 be appointed mry uuscee, cexiver or �����-.���
<br /> liquidator of Trostar or Borrower or of all ar any part of tha PropartY,or the reets,issues o►profits thereot,or Tnistor os�ttrower � ;�_,��_
<br /> ' •� 'j shatl make any general assignment far the beneflt o!creditora; �-_.
<br /> � •. . �� (e)The saia,transter.•Iease,assignment,con�eyance or turther encumbrance of afi or any part of or any aeTerest�►the Property. __
<br /> : either votuntarity or invofuntadly,whAout the express written wnsent of Lender,provided that Trustor sfia0b pertnftted co exacute
<br /> � . ` ? a tease of the Property thet does�ot cor►tain an option to pun�ese end the term of wfiich doas not oxcoed one year; , °' _
<br /> • ' (fl Abandonment ot the PiroDerty;or � _--
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