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<br /> `'`��:'.<`-^` �:'°` executed for the piupose of creating,secvring or gaarantying��S�4?e6t A good faith beliet by E.ender ihat �'�=
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<br /> `n��;_r< ` ���� Lender at atry time is insecure wit�resp�t to any pezson or eat�ty obligated nn the Seraired DeM or Wat the prospect
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<br /> .:�{� ;: :: ,r=:,,. of aay payment or the vaIue of the F�apBriy isimpaiced shall aIso�ASEitute an event of defadt. ' :
<br /> . �:n�'-'."�`.'-.;�= ° `L�. �DIF�Q:V DEFAjJd.T.tn some instanaes.,federal aud sstate tarr a�7t reqnire Lender to pravide(icantm with : , _:
<br /> .�=-_,,�:�`'�''r�:'���;` notice oi the rig�it ta.cure,or nther IIotices and may�stablish time scbedutes far foredaswe actions.Subgeix W these �
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<br /> � �.;�:2: limitatioas.if any,Lender may accelerate the 5e�ured Debt and forertose this Security Instrument iu a manaer
<br /> 4 ' � :` � ps+avided by Isa►if Grantoris in defaul� '
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<br /> ' �� ,"� � ' At the aption of i,endler,ati or any part of the agreed fees and charges,acciued'mterest and principal shail tieoome `
<br /> �_��__43ri:: immediatety due and payab2e,after�vimg notice if reqpired by law,upon the occurrence of a de[ault as anytime �=�:
<br /> :,�: <�;-',�,:€;���. tBereafter.Ip additiun.Leader shafl be enii@ed to s+lli the remedies provided by law.the ter[ns af the Sec�ued Deb�
<br /> ``_' this SewuitSr rnstnunent and any related doameuts,iududing withou�t tianitationr.the pawer to seU the Preperty.
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<br /> �.w,�s ;;:' If there is a default,Trusteestiatl.fn addition to anp other penaatted remedy.ai the request oi the LendeG advertise , -�
<br /> �; � "� and seil the Yraperty as a avhot�or ia separate parcels at pn6lic auction to the�bigh�est bidder for cash and comey �,.T.:
<br /> "�' � ` ::t�'� absoiute titte free and cdear of ati right,titte and 3nterest of Grantar at sach time ancl plaee as Tnute�des'sgnates.
<br /> _ r :,`- Trustee'si�atl give aotioe af sate iactudiag the tia�e,temns and pt$ce of sale and a descriptioa of tl�praperty to 6e saM �-
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<br /> ,�• f�.� , as reqniredbythesp�tlicablelaw ia effect at the timeoYthe proposed sate. � '
<br /> '` ` � r Upon sate of the pmperty and to ttceeatent not prolu'bited Dy taw,Trustee shall make and deliver a deed to ehe Praperty �
<br /> :F ` � .. s o 2 d w b i c h o o h v e y s a t�o I a t e�i t t e w t h e p u r�t a s e r.a n d a f t e r fi r s t p a y i n g a i l f e�e s,c h a r g e s a n d c o s t s.s h a ll p a y to Leader all � �
<br /> :`° ; , � � . moneys adv�oed for repairs,taues,iasuraacx,liens,asses�meats and grinr encumbrances and interest thereon,snd We .. � _
<br /> ; � t � P�iacxpal and interest on the Se�nred Debt,PaYmg We swplus.if aay,to Gtantor.Lender may pu�hase t6e Property:
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<br /> � -. The ra3taTs in aay d e e d o f oonveyance s h a l l b e pmna f a a e evi denoe o f t 6e fa c t s s e t f o rt H t h e r e i n. , � .
<br /> ' `'a��� "" `�' � qll remedies aze disEinct,cvmulative and not exclusive,and the Lender is entitted to aU remedes provided at law or
<br /> , ���,;.T,�: . .' . cclutt�',w he t#�erorno t,e a g r e s s lY s e t fo rt b.�T h e s a�e p t a n c e b y.L e a d e r o f a n y s a m i n p a y m e m o r p a rt i a{p a y m e n�o n t h e �:::
<br /> °�. , ;:. S e c a�r e 8-D e b t a t�W e b a l a n ce i s d n e a r i s a��e r a t e d or aiter forectostae pm a e e�T n i g s afe fiied sha11 nut constittrte�a =
<br /> .:_�.�;:.;','V �'.��,�<�, waiver of Lea�er's right to require oampJcte aue of aay exi�ting defauIt.B8 nat eJCercising any reffiedy on Granwr's —
<br /> � .;` Y "".Y atefauit,i,ender does not waive I.ender's ri t to tatercaasider the event a defaulE if it eontinues or i�appens again. . --
<br /> s �� . . �i6.�ERPENS�A►bVANC�S�ON CO A1VTS:A1TOR1�EY8'�EES;C��:ECI'ION COSxS.Fscept when
<br /> ,.. :.7.-�. ••.--. .:. ., _ , .. ,:. ..tu'6ited -law,�('aanto�agrcm to ay a]};of Laende�s ens�s if Grantot.taa�ahes any oovenaut in this . -_-.
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<br /> �+r,�<;:,.`.. �a�aea�C�iaator aill aiso paq oA dema�ad anp amr,�mt�cuned b Lender fca iasuriu w e or
<br /> y ,. � , otLer�+ise p�g the�'roperty aad Leuder's seciuity iaterest.l&�e expei�tes ariII bear interest from tiie date of .
<br /> j °r �� . the payuieut'�uitii pai���vl}at the iug�est 3nferesE�.e in effe�;s�Provi�ad ia the terms of ffie Secared Uebt.
<br /> e < ,r�f , � . 6rantar agrees to pay aII�'?ati�and espenses inc�ncred by Leuder in tx��te�mg.enfordng or protectiag Len¢er's rFghts ,
<br /> � �' � � :;��#s�emeaies�der.tfis�tty In.�trument'this amount a�ay�inc�ade,bati�:s��l�itcd ta4-attomeys fees,cAwt
<br /> z , �.. . ��sts;and otber te�!exp�aSes.T6'ss Security LLSUnrment shait remaiA iu effC�z�t�'released.Cranior agrees to pa� _
<br /> �,<<,s :���'� .= • � �.fEn�a�ny reoordation wsts of sach releas�. . . � . ., _--
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<br /> i �� � �' � ,i?.'ENVIR0111I�SI}£1►YrAL LAWS�1VD fl�Z�,RDOUS SUB�A11iC�As tised in this sect�air:���j�EnvironmenEal Law
<br /> `' i�{eaas.withaat limitation;t�he fompretiens�qe�ental itesponse.Gom�easation,and Ltia6iliiq Art(C$RCLA, -
<br /> - t'���� . �.U.S.C.96fli et sec��,a�all other federal.'state�iu1 tacal taws,regutations,ordinanees.couR ordess.�attamey . -.
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<br /> �t� ��� �'�neral opiuions or IntespreUve letters cancerbing�t�pubtic�healib,eafety.weif�re,enviroameut or a tiazandous =_-
<br /> . -�-, _, �sdbstaace;aad{2)Hazaxdous Substaace means a�ay taxic,_radioa#�ive-or haurdous mate�iial.waste,�poAutant or —
<br /> ;. ,. ': `: `. :" . � . oontaminant w6tch Has cbaractei€stics wbich cen�ihe substance' raus or potea6aQp:�angeroas w the pnb}ic . ��:�',. ---
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<br /> ,,.. ..::,,,, ,. .-� heaYtli,safety,welfare or eavironmen�The term includes.witkont l�itatioa.any.svbsta�soes defaed as°Darai¢ous f,.,.. ,--
<br /> � 1�tr:�: . aiatettal.""toxic sulsstazio�""hazardous wayte°or"hazardous�utistanee"undeX a#i�r Ertvuanmental Law. . . �
<br /> ''T �;;' %�� - Gra�torrepresentss.warr�s��udagreesthai: . �� °'r� • : .� , '� ..
<br /> a'� � . ' � A.: Escept as prevlausl�disctosed ant!adcnowl�g�3 in ariItiag to Le�der,no H�i�aus.Substaonce is or w�U be
<br /> ;�, �- � ' .,: � .� Ioeated;storc.d o:released ot�ii�i�the�Prarperty:This sesui�t�on daes aot apgEy._ea sxaaU qparttAiea of �;;.`
<br /> s�. s- ' �:•;�:: • HazardousSnbstances.that are�e��lSy,reeogl�Zed to be approp�iate for We a�sm�,�and m�tenanoe of
<br /> � sL��� 1: ' , � � ,ti18 piQgerty . ; •'.'t'• ' :;'' ' , ' . • ' y`•� • :' '•
<br /> ���_� �:: H,� Except as grevioasIy disciosed sitd�acknowTcd�d iu wrIting W Lendes.(hantar aIId evgsy SenaAt 6a�!��are, . .
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<br /> TM. aad s2�a11 remain ia tnll�aomplisnte witti auy applica62e F.nvuomneatal Law.�. . . . . .
<br /> 'µ`: . . C.� Gra�n;�a stiaII im�aediately notif�r Leddet if a retease ar th�atened�tease oY a�Hararduas Substauoe i�ocuts on. ;,.,
<br /> �:� �'� . . �und'e�4"sr abaut the Froperty ur there is a violation af any Fa�ritroumer�ttal I.�w��cernmg t�e Prapeity.In suctx ;�:;;y::
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<br /> _..- -,�....�;:�.� • � aa event,Qraator shaII take aU nec�ssary remed'rat acdaain si�cordaace qrth suy Eavironmeat�t Law. �
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<br /> -_-=.':�;�,._::,;_ . : � �D. Gtantor stradt im�diately notify Lender in writing as sooa as(3rantax.`9�as reason to belteve tiiere is ariy
<br /> � • pendlri or tbre��s�invest�gation,daim,m proeee�dTag relatiag.to t�e release or`�threatened reteast of any. .
<br /> : ; �ous Substaisfe�ar the viol�tion of aay Bt►vironment�l Law. . : � ' �_.
<br /> ��3� ' � 18. CONDEMNA'iYON.t3rancor wiri pt notice of:any pending or t6reateaed aeHou,6y pr�vate or --
<br /> guva�1.ender prom
<br /> =� � ::'.�;,�.�;: . Aublic�e�ities to purchase oT take at�y orall of the Zfraperiy thmugh condemnatio4 emi��it domain,or.any ather _
<br /> `^�`:�;�-• . e, .. means..Granwr anthmbxs Lender to int�rven�in Graator's aame.in any of the�abave desaibed�actions os claims.
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<br /> � _�_- ��� • Gigntor assigns to Lender the praceeds oP any award or elaim for damages connecteQ wlth a oande;mnat�on or ather :
<br /> � .;::� ;. �g of a3!or any part of t6e Ftoperty.Such pmceeds shall be oonsidered payments aad w,�l be apphed as provided in. __—
<br /> ~�`��" thts Sec�ui4y..�nstrument.Tbis ass��nment of pmceeds is subject to ihe terms'of any priaz mortgage*decd of trUsE.
<br /> '� r �.4.: . securtty agr�rneat or other�en donunen�. . . ,. . .� � .. �" ,
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<br /> - �-;;::;, 1q.:INgUI'�ANCE.Grantor sheU lceep Pcoperty insured against ioss by�re,IIood,Weft and oiher l�rds and.dsks '
<br /> ,:.��:;�:�t:�; :, reasoaabty assaaated with the Prnperty due to ita type aad toc�tiva ThLg lnsuranee shaA be maintained in the amounts
<br /> � -:.
<br /> �r . . aad idr the pe�iods that I.eader requires.�he iasurance carrier providing the iasurance shaU be chosen by+Graator . ,� -
<br /> '"' subject to tlender's approval,which shaA aot be unreasoaaUty�withhetd.lf(3tautor fa�s to maintein the caverage•
<br /> ,...,?,.f`,._:��`;• . descri6ed above.Lender may,at Lende�s option,obtain coverage to protect L e n der's d g hts in t h e P r o p e ri y ac�ardiag -�;``:
<br /> - `� � .� w th¢tetms of tWs Security Ias�tr�ncen� � ..� . . � � �
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<br /> ; ;. . Alt insw�ice policies and renewals shall be acceptable to Lender and sHatT include a standard"murtgage cianse"and;
<br /> .:�.., ,..,;:-:` . where app13�2e."los�payee dausa°Eirar�tos shat!iau�edlately notify Lender of c�ucellatlou�terminat�on oi the .
<br /> ''� '`'•��'' ' isi'surartce.Lender sh�lt have the r�ght to ho2A the poltcies asd renawals,if Lender tequires:C�rantor shaU iaamediatety .
<br /> : ' � �. � give�to Lender alt teceipts oi paid pren�iums and renewal not�oes.Upon lass,Cirantor shal!�ve it�ediate notice to � .
<br /> - . We insuranoe can�ier aad L.ender.LenQer may mahe pmo!ot toss if aot made immediate4y isy Orantor. .
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