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<br /> er Loan 1s�stcumeat to which Greator is a patty, I.ender may,but�s�all noi b�obfigat d to, —
<br /> oth
<br /> pay,obtaia or perfonn the same. All paya►enta made, whether such paymeata ere regulaz or
<br /> accelerated parymente, and eosts and e�cpens�es incurred or paid by Lender in cnnnection
<br /> therewitlt shall be due and paryeble inamediatelY. The amounts s° wcuned or paid by Lender
<br /> shall bear interest ai thG De�ault Rate end such amounts,together with interest,shall be added
<br /> to Grantor's�Liabiliries and secured by the lien af this Deed of Trust and the other Loan _
<br /> Ina�truments to which Grantor is a party.
<br /> 1.1 S Paym�at of Super[or Lieas. To the extent that Lender, after t�e date
<br /> hereof,pays any sum due unda any provision of law ar insiiument or documtnt creating auy
<br /> lien superior or equal in priority in whole or in part to the lien af tlus Deed of Trust,such sum
<br /> advanced by Leader shall be immediately due snd payable,with interest Rt the Default Rate
<br /> and shall be deemed to be a pert of C�rantor's Liabilities, end L,endor sh�ti hsve and be
<br /> entitled to a liai ori the Property equal ia paritY with that discharged, and L,ender shall be
<br /> subrogatcd to aad receive aad enjoy all righta and liena posstssed, held or sYrjoyesl by, the
<br /> holder of such liea, wlaich sbe�l remain in e�istence and benefit T.ender to secure the
<br /> C3uaraaty,the Loax►Agreemeat and aU obligations and liabilities sacured hereby.
<br /> 1.i 9 Ebvit'oAU��u�i i oauiu"vw.. ^-i"••ti:�� s�t�t � �• _ A�Trnwer tt� Comp1N
<br /> with the t�enns of that certain Envirocmaental Certificate of evea date herawith, exeauted by
<br /> 8orrower iw favor of L.ender,ea to the Property orily.
<br /> ARTICLE TWO
<br /> DEFAULTS
<br /> 'Ihe tam"Eveat of Definit,"whe�+ava u�ed in t�ia Deed of TnuR� �h�[meen tbe
<br /> • occurrance of aa"Eveat ef Defa�ult"uada end as d�f'ined in the Lo�n Agreean�nt
<br /> ARTICLE THREE
<br /> REMEDILS
<br /> 3.1 Accder+itbn Upoa De�aalt;Additia�l Remedla. Upat the occurc+a�oe
<br /> of aa Ev�at of Drf�a�tk Lmda me�Y�eclare the Loane aond all of(iranto�s Liabilities to be due aad
<br /> Payabla aai tha s�me ahaU tha�eupoa become dua aad psyable wit�wut any praamnart.danand►
<br /> prote�t or adice of aay kind eocc�t es otherwise provided harein. ead'Grentor haabY w��
<br /> notice of intent to sccelaatie the Loaas end all of Grantoc's I.iabilities. Thereafter,Y.enda may:
<br /> (a) Either in peraon ox by agent,with or wi4hout bringing anY action
<br /> or proceeding,or by a re�ceiver appointed bY a court. ac►d without cegard to the
<br /> adequacy of its security. enter ulwn and taka posaession of the Property or aay
<br /> pait thereof and do any acts which it deems nx��aacy or desirable to pteserve
<br /> the validity, marketability or reatability of the Property, or part therecf or
<br /> ..g-
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