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<br /> - � At the of B�ciaty.all or aay gart Af @te agreed fe�s�d cbarg�,acsaued mf�t and principal sitall bwome 'h� : :5.�`.'
<br /> °�,i:.. ' i�i�y d¢e aad papaltl�aft�r g�vIng aat�ce if tequired by law..ugon ffie occurr�e of a default or aaytim�th�• `�'��" �
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<br /> :...a., ''�'. I n s d d i t i o n.B e u e&c l a i g ehsI!be mtitled w aU the�medies P s ovided by lavr.the Ev�deace�of Debt.athet evIdeas�ea of debb <.-
<br /> �<` � ' this Deed df'Tn�st and a�rela�sl��c�8�g witbanu limitation,the power to sell the Ytaperty. � , <.
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<br /> �.``, If tiaece is a defantt,'hnstee sball,in ad�lan to aay otl��d temedy.at the�eqaesc of 8�e Beaet�ci�y.adve�tise aud ;�` `. , � -
<br /> � ` � - - sell the Pmpertg as a tvhoLe ar ia sc�aataie parc�els at public maqiaa to the hig�est bidder for c�sh aad convey aDsoIute sitle .,:�a`r.:.ff.:;:' �'
<br /> = ''- .,�° , free aad clear of all rigtit,titIe and inserest of TmsWr at sucD tfine aad p:ace as 7�nstee des�gnates.Tmstre sbal9 give notIoe . , .
<br /> DI'bP�S► �4°�1iY <. � :�• :
<br /> ;.�: of sa2e iasluding the tim�,term,s a�pla�e of sale and a desccipuon of Qte w be soid as the appiicab2e �. 4'.� ,,:
<br /> --_-. taw ia effect ai the ttm�of the piopased sale- _ . . , ,
<br /> ` , � �,��.: Upon saIe of the pmpeYty anfl w the extent not prolu'bited by taw,T�ostee shall make aad delhi�a deed w the FroP�Y� F� ,
<br /> . ��•� ' whicd�coaveys absolute titte to the pnrcbaser,�after first Paqiag all fees,cbarBes aad oos�.•shaU PaY to Beneficisiy all :_4_ ,:�.-='
<br /> � , mun�ys advanced for repaus.taxes.�sur�nre.li�ns. ass�smeats aud prior eacambranrRa�d intecest thereon.�the �,.�:
<br /> � V r ptias�al aad in4erest an tlie 5ec�red Debt,Fayfig tue suzPh�s,if�Y,to'3YosWr.Be¢efic�Y maY�e��'OP�Y- f ` -
<br /> . , '[he�citata im aay d�d of saaveyaace sbari 6e prtma facie evFdaue of the facts set fortti therem. � '``�::-
<br /> _-_-- - L,- All:eaa�es a�+e dis6nct.ca�Isti�ve aad aat exclusive.and the B�refiaary Is e�tiile�f w aII reatediea pmvided at.ta�or • ,:-
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<br />-`" `<:'.h` ;, - e�itY.whether expresslp set forth or no�1lte acx�t�ce 6y B�uefictar9 of amy s�t ia paymeat ar partIal ga3mte�i on the •-�:`4�.-:-
<br /> �, :. .. -- --
<br /> ' � Saa�d Debt a8et�the balvace is d¢e or fs asx�Ierated ar after fora:tosrae prac�dings are 5led�hall aat san�tttai�a waivea `.y :.. __-
<br /> � , r�c� '•� � of H�clacy's right to�e fnU aad campleoe c�e of eny extsdng def�l�By nnt exetcising aag r�edy an'lYust��'s ...
<br /> ."j:��`>�.� �.:,'`� de�tilt,Benefciary du�not waive Be�eflclaty's rig�t to Ister�onsider.the ev.�t a defaoli if it coatiaues or hapg�agdin. "�`
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<br /> :r..:.:�. 18.E%PENSFS;ADVAI�IC�S ON COVP.1�1A1�iTS;ATTQSNEYS'F�:ES:COLLF.�.°!q{Q.�i COS°I'S.Excepi whe�.�,rD�iS�d . - --
<br /> _ .� � � by law,'Trostor agrees io pay a11 of Benefcciary's expensa if Tcas2or bre�anY caven�t m t2�is 17�ed of T�zst.'fcusWr - ' __ _
<br /> _ . ...__f:- ,,� . . wt�l atso paq on item��a1l of Beaeficlazy's expe�ses incumad�colleain�.jnswia8.P��1�����°� _ �.�
<br /> �•':' or m anq inventarIes,andits.iaspectiops ar ather e�minai�on by BeneBcxary in respect,to th�Properiy.Trastc�agre�s w - - _ =__.
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<br /> PaY all costs aad exPe�ses iaco�ted by 8casfidary ia enforcmg or pmtecting BeneSciatq's sig6ts sud�medies�ia this �� r • _
<br /> � • Deed of 7Yast.iaciudin�,but not l�m#ted w,attomeys'.fees,coart costs.and other Iegal e�.Once the Seca�ced Debt Is � ` _
<br /> :�-;` tiillp aad HnaIty paid.BeaeAciary agtees w release this Deed of Tmsc aad TiustoF agrees W paq for muy reco�lattoa casts. - -
<br /> .' ";,� AA sacb mmnnnts are due on de�taad aad wiU bear�aterest fmm ehe time ot the advmvice at the highest rate ia effect,fsom ! . --v
<br /> , . � , time w tlme.as�ovided in the Bvldence of Debt and as penniueA by 1avi. � . �.4Y �.�`•�
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<br /> . � . •+` . ' . I9.F•IoiV1AO1VMEI�PTAL Y.A�S AND HAZARDOUS SITBS°�ANCP�.As irsed ia tLis sec,tinn, (1)"Env�al�'° . � 4�. .',.`�-___-_
<br /> } ` . � mea�s. without limitation, the Conoprehwsive�nvimnmea'tal Respanse,Cot�ensation and Ldabiliry Atx(���4�2 � ��. - -
<br /> " ��.:'% U.S.C.9801 et ssq.),all other federal.st�e and lacal laws,reg�tations,ordiaaaces,oamt arde�,atoome�+g � ,—
<br /> t• � welfare. e�vImnment as a h�z�s sabst�ce; and CZ) �
<br /> . , or iAteipretive lettera cuaceming the pub3�c health, eafet�►. . �p�'' �
<br />�,•{. . •.�.• ',, . � --ql[i"y.
<br /> � 'Aszardaus Snbstanee"mc.�ns anY toxtc� �ioacxive or haTardaus materlal, waste. PolIutant or contaminant which has ,. ., � -�-
<br /> , • ' � .:. : chanrzcteristIce a�i��re�d�er the sabstauce dangemus or gatentially dangemns to tlse publ�c healtU. safetY. welfare or • .""''�"_.: .:.'�.
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<br /> ��` .' ' � CAYAOIIIIICII1.�C�Bl'In�IlC�II�s WI1110U11�12�1011s��SISIlCeS a2�2S �d0138 111d�' 8II81�n n�OJ�C SIIbfiI8IIC23�° � — .
<br /> ?�` � '.s ' � `h87�0US W83lC°OI"�4itS SI1b5t3IICE°I�II�8Dji BAttIfO�ffit81�.SW.Tl118Wf I�ICS2II18s WaIlaAtB 3II�8$tpE9 thflts �""'.n ' "�-
<br /> except as pr�vinusly discloaed and acImowledged ia wrIting: � '
<br /> , ,�. � �'•+ . �1. No Ha�rdous Substance Las 6e�n,i�.or wlll be locaud,ttunsPurted.manufacaued.tr�aced,reflneA.or Isaadled by . ��'�.=
<br /> . �..� an3►Petson on,�mder or ahout the Fiaperty.except in the oz+diaar�►caurse of business and In strIci cumpliance witl� __ �_ -
<br /> _ .:j �$PPl�ab2e F�nvironmeatal Law. � �� -
<br /> � �'� B. Trustor Las noi aad wiU not cause�conuIbute w,ar permit the rcl�se of any Ha7ardouaS�bst�mre an the progerty. _
<br /> ,� � ; C. Trustor wUl�ed}asely notify BeneSciary if(1)u release os thc�ateneQ release of Ha�ardoua Sbbstance occars on, � � '-
<br />� '' • tmder or abont the Property or mtgrErss�n threatens to m�grate f�a neatbY P�P�Y+or(2)there is a vIolaiian of F -�j ---
<br /> ,._ `
<br /> �' � a u y F n v i m m m e a t a l I.a w c o a c e m i n g�m�P r o p e i t g.l n s u c h aa e v�,3'�ustor wi11 take all n e c e a s�Y ranedial ac�an im °��- �- --
<br /> -`•�� `' � Ecoordance crIth F.nviromaenta!Law.� _ r
<br /> � - . � _
<br /> :2 0. . � � D. Trastor has no knowleGge of or reason to helieve the:e is at►y pend�t$ or threatenxd iavesdgation, cisim, ar '_ �� e=�
<br /> `` ��' � • �. Dxoc�eding of any I�3nd relating�to(1)aay Hazardons Substance located on,under orabaut the Property;or.(2)any �°-�--"' -_
<br /> ��;: . r• i t. viola�on by'Prustos or s�ny tenant of a�ty Envtmnmrntal Law.Trustor will i�mnedtaiely notifj+Bene�clary in writing � �4_.
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<br /> :+,,.. , as sooa ss Tn�swr has reason to believe there 9s any sucb pend3ag or threatene�lmlestigattan.claim,or pmr,eeding. , .
<br /> In such an event,�enef ciaiY Lns the right.bnt not the obligatioa to partictpate ln suy sucb procRed3n$including the .
<br /> _ � • . ��{ :. rlght to receive wpies of any doc�uaents relaSng to sach praceedings. � -- ---- --.=_ .
<br /> ':- :':';,: B. Tr�stor and every tenant Lave been,are and ssl�al?remafa ia Ri11 oompllance wlth aay applicab2e Faviram�aentat Law. --- -._,--_
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<br /> ° � � F. 'Ihece are no undergro�md storage tanks.Prlvat�dumps or open wells loc�on or under tlie Property aad no such .�'`:r.. ��:
<br />.a..`� � � _ ,��+ ar weU wlll be s�de�ur1�s Benefici fl�t cansents ia writing. . ,
<br />,.,._. . . . . . ,
<br />;::��::� . :_._ :.
<br />- i ' (3. Trustor�wlll regularly inspect the t�erty,mon ryort the astivIdes aa�operations an thc L��crty,an d co n f i�m t h a L � �
<br /> , � � � aU pennite.licenses or approvats required by any applicab2e Enviromnental Law are oMalnc�and oamplied with. •:" ``°`�:�`;`�:-
<br /> , , ....� ,. .
<br /> :'` ' H. Tiustor will permit, or cause any tenaat to pesmit,Beaeflclary ot Beneflclary's agent to eater�aad. isspecd the ' �
<br />.�;�` � . I pi'oP�Y aa0 sevlew all recosds at aay reasonable time to determiae(I)the e�stence, iocation aa0 c�of�7r ..
<br />- � ` Haaardons Substance on,under or about the Property; (2)the existence. lacation. nature.as►d magaimQe of.any . . :
<br /> . ' � .� Hazerdons Substaac,e Wat has iseen.r2leased on,under or about the Ptoperty;or(3)whethez or not Tivstor and any � �
<br /> - � — teaant are In compliance witb appL"�.bte Environmeutal Law. . . . . ..
<br /> ' 1. Upan BeneRciary's requess aad at any tlme, Tr�stor agees, at Tn�stor's expense, to engage a quallfied
<br /> .. , . envlronmental en�llnneer to prepare aa eavlmnment�ai audit of the Pmperty and to submit the r�esiilts of such audit to � .
<br /> � � : . ' Beaeffciary. '�he choice of the environmenta] en�incer who will perform sacb audit is subject to BeneRciary's
<br /> appmval. -
<br /> • ). Benef3clary has the right, but not tHe obligation, to peiform any oP Trustor's obligattons under tiila s�tioa at . '
<br /> _ � . 7Ynstor's expense. . • ,
<br /> � ' K. As a consequence of aay breach of any reQresentation,warranry�or promise made in thia section.(1)Tnistor w1U �
<br /> " " indemnify aad hold Beneficlary and Beneflclary's suctessors or assigns harmless from aad against all losses,clalms, ' � � .
<br /> � demands, Habilldes,damages,cleanup. response and remedia�oa costs, penatt�es and expenses. lncludin�without � . _
<br /> � 11mi4adon sU cosGs of lidgatton anil attome}rs' fee.s. wlilch Beneficiary antf Beneficlary's successors or assigns may � :
<br /> '`I�``", � sustain;anA(2)at Beneficiary's discretton,Beneficiary may release this Dced of Tnut and in retam Ttustor will :
<br /> . � , � � provide BeneRciary with collateral of at least equai value to the Propeny secured by this Deed of Trust wlthwt • • .
<br /> . � � prejudlce to aay of SeneRciary's dghta uader thls Dced of'p'rust. „ .
<br /> � . :,rL� oors . . -
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