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<br />_``° :`� :``�'`-��,`: ```' °PtcCeBds')In aonrtecttcn wiiA oondsmnaUun nr attt�r�8 of the PtoPeRS►ar part theraot.ar for waveyan�in Geu af eandenmatlon. `r
<br /> lender sl�a116a e�rtltied 8t its aption to�mmenoa�e�Aear In ead p�osecuta tn�am� name�ny sctlon a►proaeedinga;at��shaD a�so , ..
<br /> ..� ^.�� , , ��'' bs et►�ted to matce any compromise ot�ttants�tt�n oonnactlan v+ith sudt�ising cr dama3a.In 9ie everh an�t�ottl�s�at tlta Ptoyatty ia �;;;;
<br /> �• ``` �` °' so tahnn,or damaged.Lender shat!fiave Ma opHan tn its sote�d a8sotute di�+aetion.to eDAN eA such prooeeQs. aft�t detN�ing
<br /> < .Q. ,�..c. .. .`_.` f�..�t.
<br /> � •�� `� % .fRaraftom aU casb a�►d exgenses fnained by tt in connectfcn�su�fi Praaeeds.upon anY irtdeHt�dness seausd tiere�3►e n d i n s u�+ :•
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<br /> � � arQer as kendar may determIne.or to appry aU suc�Pmcee�s.afi�su�da�ons.Lo tlas�estoration oifhe PropeRY upcn s�dr aon- `.��.��.
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<br /> tlittons es i.ender may da�tm�ne.Arry appQcaticn o�Pro�$�s 4o tndobtad�ess shaU nat,extend or past�ona the dua Qato of a►►Y O�lh �'° '•=
<br /> : „� ,o ��.��� ,r� � ` mee�uttder tha Ncte.or aue eny ds?�dt�►ereun(tet or iteseunder.My unapp�ed funds stia[!ba patd ta?irustor. � • ,�� .'�
<br /> ��.:�. ' 8.Perfcrmaaue try Lender Upan the onairtenoe ot an Event at Defa�t herounder.or H airy ad is taken or te8�Pm�8�9
<br /> f > comm�Rzed Lfild�materiatly sffecLs Lend�'s i�eiest in tDte Ptaperiy.LeMer may in its awm discceSon.bui a�tho�a ahitga�on to Qfl so. � '--
<br /> � �,� �, msd wit,iaut natic�La or dema.�upart Tnistor end vAUtout reteasing Tn�smr fiom any obligatIon,do ar►y set wi�ich Tnu�cr.Aas e�esd
<br /> -• .��; � ; ' but faited to d�and may afso do any other act il.Qsems necessary ta protect the seeurity hereoi Trus�or shall,immadiatety upon
<br /> �`_ _____ demand tAs�sfo►lay Lendar,pay m iender a0 costs end exDense.s IncttRed and sums expended Dy Lender in canneGion vrith the exer- '
<br /> . ° �:" �:" cise by�ender of Bis fare9oi�9 ttg�fs.Uogs�har v�ltt�is�tar�st thereare at th8 d�fauft rats provtded tn tha Nate.�vhich&haII D�s aGdaQ to `
<br /> '. R the InQebDeQness seta�ed here6y.Lsnder shaft hot irt�as�y Qab�ty►�ecauss af atity;hing tt may do arom3tto�u here�ttter.
<br /> .�, ; ', 9.Har�tda�s�tatsrtat�Trusmr s�alt keep th�Pcogatty in avmpit����'th all aPPtisoabie faw�ordtnaitoes end tegida�nns �.,^;;
<br />- • �r•��,..,, •, ' ,� �eiattng to industri8l[tiygfene er 8rrrtronmenta!Oraffidtan�aiteGtvetyi rsferred to heretn�ss'EnvtronmefiffiI Lav�'1.Tmstor shsdl Resp -
<br /> ':;<<. . . . : < !+�+g.�•n.har�fi�m atf subs�s deemed to 6s Aazatdous or tmdc undes any Envlcanmest�l Le�tvs(cott . �teferred to hereU� L
<br /> ec�iy ��:,.�_
<br /> - ,. .• ' as'tlar�rdoas Mafleriats?:Tnistor doreby wananis and tepresants t�Lender tAat there are�o�a�rQar�Nta�rt�s an or�ma -
<br /> � �L:. �Prepetty:TrustnrRereby agrees to indemnt�l and ha'fd hartntsss tender.�s dire�ois.office�s.empiayees arM agants.arid arry su�
<br />�[.�_' ... . �wy�l...
<br /> `�; sots tn Lende�s 6nerest.fivm and against.any and eQ daims.dama$es.tosses and UabAlHas aristng in�nedIon vv81t Uto psasenoe.
<br /> ` �:_`:';
<br /> � � '��,�::' use.�sgasal or transpoK of arty Hs�rdaus Ntateriafs on.under.irom or abaut ate FrapeRy.jHE FOREGOitVG WARRAIdTIES M[D � �:-�
<br /> � � REPRESIIQfATICN3.�ID TRLiSTORS OBUGATIONS PURSUANT TO YHE F�REGCING MIDEMNRY:SNAL!3UAVNE • .
<br /> � .,`.S`, , .°. ttECaMIEYIWCEOFTFf6S0�OFTRtJST. � ��,�:�'
<br /> ��:.� °� ':, °�:.`.°"�� t0.AsstBntttatiY a?Rer�.Trustnr hereb3l��s to i.ertder,and grgnts tender a seatriiy itner+ast iR.eit prsseM.fiiMe and �.
<br />� , ` aRer afising rents.issues artd pcofifs of the ProDenY:Pravtded that Tnistor shaR.unt�d�e aaacrtenc�a of an Cvsr�t of QetauR Aareundsr. �-�'_�=
<br /> ..�-� :: •: . " ��'.: Aave tha dgh4 t�cqIIed and�etaTn s�A rents.issues and pro8cs as Ufay beccme Que aM payab[e Upon the oaurtence oi an Event ot -_
<br /> ,`,;;;.,;�' ' � Refa�d�Lender may.e�her{n gerson or by sgen�evitR or v�ithout brfngin9 anyt actlon or proceetQng,or by a recetver appWnted by a �.•
<br /> a.�... , � � oourt and�arithout regard•to the ade ua of its secucRy,emer upan and take on of the Property.or an7►part thereof.in its own =:�
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<br /> ° ., •f• � ,:•t; name or in tt�e r�am�s afi tlte Tnistee.end do enY ac�vfilch i!deems ttecessary oc desiraDta�presetve ihe�2N�.mattoetab�ty or �:`::.:�-
<br /> • • rantabilfty at�s Prc�iy►,or any paR tflereof or trrterest therein.or b inaeage the inoont�tt►e4eirom or pr�Uect the secmiry hereof arsd. � ,,...
<br /> ` �'��' .� with ur witlwut ta(dng Dossession af the Properiy.sue far or othenvise wR�ct tRe cerits.issues and profds fhetaoi.indudfng fhase past
<br /> . ` ' due and�mqatd.�y notily6ig tenartts to make payments ta Lender.Lender maY BPPh�rents.(ssues and prafits.Iess aosfs and expar�s- ��,.n:�
<br />' ...:_.s: e9�t ope�Uon artd wl(ec�on inciudtng ati�ma�s lees.to arry irtdebtednass sewred hereby.at!tn sucA order as Lender�y deter- E_=:_',
<br /> . � mt�e.Ths entedng apon and tatdng pas�sion ot tAe Property.the wfiecUor�of suoh rerns.tssuas and prafiLg,and ihe aDDQcatien .
<br /> � . • iriereof as afor�ai0 sf�aq not�ure or waIve any defa�t ar naUcs at defauft heceunder or imafidate any act done tn resDanse W suc� �-ti �_
<br /> _ ' �'' •�� :�� Qefauti or pursuant tn such noHca of default and.notwtths�nding the continuance tn po�esston of�he properry ot the cottect�n. P:-
<br /> . .. ` ` ' re�ipt and appli�ation at rents.isscres or paoftts.TrusDee and Lender shalt bs entifted to exercise svery dght pravtded tor in arry o!the _.x_._
<br /> . , .. ��'�! (���or by law upon oau.�tence oi any Event oi Qc-�'�LL Inctudtrtg vrithout IimitaNan the�Ight to exerdse the pawer of sate. ��
<br /> . � � Fu��t.�nde�'s rtghts.erfd rerttedies�under fnts Par&B�Pb sf�1l.'4�c�mulattva with�anQ tn rto way a IimSatIon on.lende�s righb and
<br />_ , .. reme+dies wsdat arry assignment of teases and ren[s recor+ded�1st th�P+bpeRy.i.ender.Trustee and Ms[eeaiver shail Ee Uable to • �M
<br /> • . aocourA on�+for thcs+e rents actu�lry reoeived. . . �."�--.
<br /> ., .� 11.�Cvet�tslzf F�ef�utt The foRowing shaII oonsUtute�n Event of Dafauit under this Deed ot Trus� � � _ � r;
<br /> �� � (a)Faitura to pay anY installment of pdncipaJ or lmeres4 orarry oMsr eum secured hereby when due;� � `
<br /> � (b)A Dreach of or ds7auit undar asry pravision contairted in the Note,thls Oesd of Trusk arry oi Uie loan lnsbumeM�ar any �' ,-�
<br /> � __ __ otfier Uen or encumDrance upon the Property; ' ` �_
<br /> ' — (c)A writ a{exeadion or att�►ment or�yr sfm�lar w�ca�shatt ba sntas�:.g..^i�T�r::�s:...^'s�b�asng 2 li�n s�!
<br /> � the Property acrany pordon Mereot ot tnterast thereir►: . L, :�
<br /> • � � � (�The�e 5�a11 be fited tsy or agafist TnisLor or Borrow�r an actfon under anyt present or fuWre fedetal.state or other stalute. ��.,?:
<br /> � . � � Ia�v ur eeguiaUan re(aUng tb baniwptcy.tnsoNeaey or ofher cette!for Qebtots:or Mere shall 6s appainted erry Lustea.�caivar or �
<br /> � . ' II�QaMr of 7msmr or Borrower a►oi a(1 or arry part a9 ths Proper�y.or the oenLs;tssues or profib tAeteaf.or TnistarPr Barrovrer � _
<br /> _ � att�l make arry g,ensral asslgnmant for the penef�oiaed'r0o►s: .
<br /> ' .: � (e)Yhe saTe,transter.tease,assignment.�mreyart�ar t�rther encumOrertce c!all ot sny pzrt af or any tnterest In'the �:•��-
<br />:°'" ` ... � �� :� ProPeRy.e�r vofuntarily or(moinntadty.vsittwut the express vrritten aan.serrt at Lender.pravfded t#�at Trustor sha0 be pertnii• -
<br /> ` '. „ ".. � ;•.��,�: teA to execut�a tease W the PropeRy th,�t c:oes not contain an option tp p�uehase art+d the tertn af c�ettEc�dess not exoeed ang
<br /> j � �; �MatMortmentoithe Pmperty:or ' � � �;�
<br /> ������`•• (g)8 Tnutor is not an indtvidual.the tssuanoe,sale.transfer.asslgnmen�oomreyant�or encumbranoe�ot mora than('d a _
<br />�f'• ` .. � oorpo��on)a tutal of petoent o!tb(ssusd and ouLStanding stock.or(if a Qartnershtp)a totat ot per- ..,::
<br />_' . • . . . oent oi partr►ersfdp interests.or(i1 a limited liabifity wmpany)e total oi percent ot fhe Iimtted UabiU'ry oompa- •
<br />_ °_ � .. . • rry fnterests or wting dghts durfng the pedod this Oeed o!Tn�st remains a Uen on the prnperty. •.
<br /> � � . . 1�.Romadtas;Aceeteratlon Upon C�tauft.in fhe evert ot a�r Event ai Qeiault Lender may.wlthaut noUCe exoept as required
<br /> . . � by f�r�.de�are eti indebteQness sewred hereby to be due and payable and tAe same shaU thereupon bename due and.paya6'fa v�ith- .
<br /> • " out eny presentrnenf,QemanA,protest or noflce oi any kina.?nereatter Lendar may.
<br /> �' (a)DemanO that Tnistea exeretse tAe POUYER OF SALE granted hereln.and Tnistee shaff tiv3rc�fier cause T�ustafs inter- - .
<br /> '��:� . ' � � est Irt tha P�operry to trs satd enQ the procer�s b be distributed.ail in the manner pravtded tn the l��'brast�Tn�t QeeQ3 M,k,
<br /> s�' �:� � ,, ..� (b)Exereis�any and alt�1gh�s prav(de�9 for in any oi the loan tnstruments or by law u�an o�urtence ot any Event ot
<br /> :� .: . . Q�fault artd
<br /> m., _, �. . (c)Commence an ac�ton to fotectose this QaQd o!Ttust as a moruc age.appoint a ceceiver.or syeaftcatly er�farc�arry of the ; ,
<br /> - � .. oovenants Rereof. `c;:';
<br /> . Ho remed}t heroln eantemed upon or resetved to Trustee or Lertder is ir�tended to be exedusive o!ar►y other remedy heretn,in the Lean
<br /> • .. � . tnsbumenb ar by tavi proviQed or pertnitfled.6ut eadi shall bo cumWadve,shall tre in addiUon to every other remedy ghren hereunder. .;.� .
<br /> : � in the Loan tnsWmenb ar now or hereaRer exisUng at tavv or in equity or by stadtte,and may Oa exer�dsed mncunenUy.(ndepandently ..
<br /> � . �. . or succesively.
<br /> � � . • 13.Trus�.Tha T�e may resign at any Gme vllthaut cause.and Lender may at any Ume and erithout cause aypoiM a suo- ,
<br /> cessor ar substitute Trustee.Trustee shaa not ae IiaDie N any party.Inctuding witNout Iimitatlan Lende�.Borrower.7rustor ar atty pur- .
<br /> ' � • ' chaser of t9�e Property,tor any toss or damage untess due to recktess or w(11ft�1 mLsconduet,and shall not bo req;�ired to�ska any IIct�n
<br /> . • ie canneWnn witt�thg enfarcement ot this Qeed o!Trus4 untess inQemnified.in wridrtg,tm ail casts.Campensatton ar expenses tiaAich
<br /> • �� � may 6e assadaled therewith.(n addtdon.Tnistea may beoome a parchaser et any saEa oi the Property Qadictal or under the pmver of .
<br /> . , ' sate granted herein);postpone the sate of all or alry poRInn oi the PropaRy,as provtded Cy taw;or sell tha Prop�Ry as a whota or in
<br /> .. . • . separata paroeb or tats at Tnistee's dtscreUOn.
<br />- � - 14.Faes and Expanses.ln the event Trustee seffs the PropeRy by exen�se ot power of sate.Tn�stee ahaf!�e en6Ued to appl�
<br /> . •� �', arry sate praaeeds first to payment ot afl oflsts and expenses ot exerctsing power of sai�,inciuding aU Tru.Stea s tees.and Lenders and
<br /> � � � Tnistea s attnmey's fees, actuaUy incurred to e�dent permittsd dy a�pticahte Isuv.tn tho event Botrower or Trustor exercises any right
<br /> � � . provided by law W cure an Event oi Oafautt.Lender shall he entitted to rer�ver from Trusfo�all costs and expenses acivalry incurred as
<br /> � � � a resuit of Trustods default,IncladEng without I;mitation a11 Tmstee's ana attomey's tees,to tA�extent pertnitted by applirabia 1av�.
<br /> 15.Futuro Qdvanc�ts.Upon request oi Barrawer,lender may,at iSs opUon,mako additiona)and f�ture advan�s and read-
<br /> '., . ' �r2.*t��t�Bot�wer.Stlt�2dvlrtres aM�eadvanoes.vlitt►intetest tAaraor�,sAa1t 6o see�red�y thLa Deed csi Ttusi Qf nn time shaU!hs : :
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