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<br /> ` � ¢` e�esuted for the.pfupose of aeatiag,s�uiag or guara�►tying the Secured DebL A good faiW behef bx I.�nder that �,` ; :.
<br /> - . . .....s;.�s, 5i u �`'�' ''
<br /> °..` .;. Lender at time is ins�ore ait$s�esped to any peisnn or entity obligated on the Seeured Debt or that the prosped .�. :
<br /> .<<°, _
<br /> �:�,f>``-�'`;�.��. � orthe valne of the PmpertY i�imPair�d sball also oansoitute an event of defaut4 :•'� ,�,;
<br /> :.;-:� �..:;>���_ of,anY P�Y� ¢�. ,
<br />...-4:i-�-,��i L:>.b:'=. �S•,�•:-,L',.:
<br /> ��•;�=;;.:...;�, t5. RII4'I�DI�Ox+i DEFAU�.T.In some t a s t a nces.f e d e r a l a n d s t a t e!a w w�i c quire icnder to provide G�anwr wit6 .�;�f�:
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<br /> ,.��.:��,4 ; notise of the cight to wre ar other notices and taay establish tune s c h e d u les for furedosare actinns.Subject to ese .,, 4 j,
<br /> � � , Zim;tatipns��aay.Leader may aoceterate the.Secused Debt and forectose this Security dastrumeat in a aesuner °� � ;
<br /> "` `' - `-. pro�ided hy!aw if E�ranuor is in defautt Y`� i
<br /> �� of the fees and charges.aonued imcrest and pnaapa3 s�a�become ;r ,
<br /> ; A t t h e o p t i o n o f L e uder,atl ar an Y P a rt aS�a .
<br /> •:-�r '� ' immediately dae and paya6le.after giving notice ef tequired by law.upon t he occurrenoe o f a d e f a u l t o r a n y t u n e ��" �l
<br /> ``a'`�"�-`':: '•�::J` thereafter.Ia addition.Le�eder shall be endtied to all We remedies provided by law.the tesros of the 5ecured Deb� _ _
<br /> "-� � ;iz �Se�ty Im�nuuent aad aay retated dac�unents.indud'ing wlthaut timitation,the powet to sell the F'ropesty. �`-
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<br /> � , , } ,� `�' �
<br /> s �: � - If there is a defautt,Trustee s6all,•ue addition to any other permiued remedy,at the request of the I�nder.adverdse ; -
<br /> • '� :��.�� �� and selt the prapeity as a whote or in separate panxls at pnblic au�ion to the hig4est bidder for cash and convey ° �
<br /> k �• . .
<br /> .. �_ absolute titte free and dear of all agbt,tWe and interest of Crrantor�t surh tane and place as Tn�stee desig�a� i` � _
<br /> � ,- aorice of sate inciudiug tfle tiane.terms and ptace af sale aad a descrip6on of the propertY ' -
<br /> , ; ..
<br /> TnLStee shalt give :I
<br /> ,� ` ' 'f�� _� as cequired by the apptic�iste law in effect�t the t6ne of the pmpased sate. K_
<br /> ,%.;. ._. . �
<br /> -, r i�p o n s a t e o f t t te p r o p e rt y aadto the e�ent nat prolubited by taw.Tnutee sball caake and deGver a deed to i L e n�d e r a�l l =
<br />_ �..`.:,'`.,r. `;�. soidwlrich eonve ys afuolote 6tle to the pmcdaser,aad a8er fizs►paying a ll fees�c h a rg e s a a d c�a s t s,s 1�a 1 1 P a Y �-, -
<br /> ' �'� ,;. moneys advanced fos repaiis,taxss,ins�aaoe,t i e a s.as�sessmen t s a n d p n o r e n a i m b r a n o e s�s u d i n t e r e st therean.and We �� � :
<br /> y''` �`' principal and imerest on the Secuxed Deb�.PaY�g th�si.plus.if vy.to G-an:ar.I.en�ier may p�uchase the ProAerty :
<br /> °:t't::-.`�:��'`�:� �
<br /> =. ,;::��.,,. '�e�tals in any Qeed of wnveyanoe shall 6e prima faae evidence af t6e facts sct forth�.:erein. ,�.;:..;
<br /> A:..
<br /> �,� :: ,t�-�.,.�o , .�ti reate�es are dwsiiAd.ct�ulative and aot esctusit�and the Lender is entitled w all remedies provided at law or .
<br /> -,t v "' eqnity,�vb'etfler or not exp�essty seE foith.Tl�e acceptance by Lender of any satn m payment or partial Pal+me�an the . s.
<br /> ,�� are filed shall not canstit�te a h � �
<br /> .,�<< �:�L_ "::� � S e w red Debt�t e r tiie balanccs ts due or is ascetesated or after foreclosure pruoeedin� on Grantor's
<br /> t ':,�` �<,��:;x, ca lete care o f ang.e x i s t t n g d e€a u t s.B y a o t e x e r a s i n P a n Y r e m�d Y . �` { `
<br /> waiver of Lender's right w require arF . .
<br /> defadt.Lender does not waive Lender's right to later consFder the eveut a defaalt if it continues osi�appens again: �:F,
<br /> , ; � .
<br /> ;� "-� . '
<br /> 1b. �4E1l1gES��#DVANC�S OIV COVENAPTis:A'lTORNEYS'FLE�COLl.ECTtOI�i COST3.Except when �m .
<br /> ��r e ;, . ' � es�f Ciraiawfi bieactees aay caveaaat irt this Se�trit�+ -
<br /> �'' ,_, ,�,-.� p m W'b i t e A b y Iaw.G;a ntm a8rees to PaY�of Lende�s expens � & � o_,� �
<br /> =<<�--.._.. . gnstrunaeM.Crantor wlll also pay oa deman d�uq a m o u n t i a a u r e d b Y L e a d e r f o t i n s w ti n i n s P e d m S.P�°�S � =
<br /> `.';.<'� .;L�: ::,',.; . oWeiwLse tiie F c o P e r t y and Lender's sec�utty inier�st.These cxpeases we11 bear intetest firom the date of � v�.....
<br /> 4 � :, . ihe paymcni.un�paid in fuII at the tntg�est inter�st cate in effed as provided in tke temns of tbe�ed Deb�. �.,�,.
<br />. � .: �."
<br /> � ���. . � Gr�utor ag�ees to pay aU casts and expe�s incaured�Y Uender in cotfecting,e�arcing,os prote�ing tRnde�s ri$ht� �
<br /> :'�`.�� aad reme�es under t�s Securitgr Instrumed�This amount raay inciude;bnt ia not Iimited to.attomeys'fee�c�rt • �-,���_
<br /> ,` '�� • enses.'fhis Secmity Iustrument shaIl remazo in effecR w�reteased.Gtaator agrees.�o PaY - _
<br /> � �V�: � ci�sis.aad otker legai esp � � -;
<br /> f '._ F,•. �fot any tevoadaBon oosts of sneb reS�s�.��.:. OUS S�JBS�ANC�S.As used in tlus section,(1)Environtnenta3 Law -
<br /> , � • 17. F.PiVI1ROrU1+�NTAI.1.�dWS AND i�,A� � �',��,
<br /> v�=�'
<br /> e Eavironmental Resronse.ComPen�atlau and Iaabihty Act(CERCLA, ��
<br /> .��� r mea4�.withoutlimitatioa;t�e.Compr�h�h► Uo +ordinances,raurtordex�Taa�rnev ---
<br /> •. � �ti• .� �� � alt oWer federal,state and Iocal laws,regWa' ns,
<br /> •.•°;,. '.. ,;;�;.�r�,� ,.� 4Z U.S.C.9601 et..seq.},?��
<br /> r • ' ��` � geuera!opudoas or iaterg��ive lettets conceming the pubiic health,safetl+.welfare,environment.as a hazardous —
<br /> ` � ::°;�",t•' � substance:and(2)Hazaidoiis Su6sqn�e meaas any toxic,radioacrive or hazardous material,a o�irs Y�°t�he�ublic . . -
<br /> `.��,�;:`:�'���`'.,. . �contanpinaut wl�cb has eharaderistics���iich rendes the snbstance dangerous or poteatiaIIy tlanSer P
<br /> +s healtt►,safe welfare os enviromt�ent;"�e tesm includes,without lianitation,any substances.de5ned as"har.�idn�s .
<br /> tY• 1e Envira�mental Law:
<br /> `�: :��,.�"" - . . mates�al,�"tola�aubstaa�es�"h�udous araste°ur'�hazasdons substanoe"wider a4y
<br /> ;: ` � Citantor�epresents.warrants and agrees tha� ' . � � .
<br /> � 6 ',,;�- . . A. �xvept as previous�y disetosed and acgnow2edged in wr�ting to Lender.no Hazardous Substanae is ar wiQ be
<br /> _°r�-��,.�;�.r � ed d
<br /> '``°'` ' lacated,sEored or release�ou or in ti►e i�r+operty.'�'tiis Ies�rlctioa does not apply..to small quantities of� `
<br /> - ,�. � te for the aormal case an¢mamten�nce of. .
<br /> :`,��. : . Hazerdous Substauc�a tt�at are generaDy t��r.ed to be�ropria .
<br /> _ , .a . . : �
<br /> . 'Y' 'a':',� ' ' B. ��xcep�p��Y d�ed aud Scicaowtedgediu writingto Lerlder.Grautcrra�ti��every tesisttt 6ave been�are, � .
<br /> `'^.7.�r,�- , . in fullwanPliauce wiffi any�ppticable Environmental La�. ,
<br /> _:-:,�.�:.�,�: ., ..and sh811 rgmain
<br /> -- _ ,..._ •,. `
<br /> ��+-�•�''L�. C, (;rantor shail immediateIy aotify l�der if a release or threatened release ofa Ha�ardous SnbsGance oa�us on.
<br /> :�"=s��"��'�;' .�� . or tbere is a violation oi any Envuoumental t.aw concerniag the Prope;ty.�u such . .
<br /> , ,:�::..,..•,.;: ,,... . � . auder or about the Ikoperiy --
<br /> . . ,,,,M,: ��� =�:• an event,Gtantor shaII cake all aece:csa�►remedial act?on in accordance witb aay Emironmental)aw,
<br /> �,� i:, �:`' � D. G�ntor sUati immedtately not�fy Lender in writing as s�n as arautor has reason w believe there i�aay ; - -
<br /> `�:.::::� ' � . �ending or tbreatened investigadon.ctaim.or proceedi�g retating w the release or threatcned telease oi aay � .
<br /> � .�: �,,�. �""�.
<br /> �.;- ���.:.. .. � � —
<br /> .. ; �, , . I�Iazardous Substanee or ihe violat�on of aay F�vironmen w . . ate�or ,_
<br /> �"�"' ' ° Graatos wiU gicva�Lender psompt notice of�amr Pendiag or tUreateaed ection,by.p�rh► --
<br /> ,:;�.:.,,��:.;.:�..'� �;� • � 18r CONDEMI�ATION. tGrou candemnation,eminent domaln.ar aay other
<br /> : ' �� • ::; .?�� : � . pnbh�eaflties to�urcd�ase or take amr or all af the PropertY �
<br /> ': � ,�; __,_
<br /> ,� ��;� ' E, mca�s.{irantor authorizww.lxndes to iiitenrene ia L�rantar's na�e 1n a�y of tizae a6eve Qes�n'bed actions or c . � --..
<br /> ��:•,:�;.��4�;':�::�;?•� . G�ar��S to Leae�e�the praceed9 of aay award or claim for daznages eonttected a+itb a condemnation or other . _
<br /> -;::..�,-�:;:::�::.�'�'s:•::, � tsging af all or any part bf the Property.Such ptooeeds sba11 be considered pal+ments and will be applied as p��ded in ��=�_
<br /> � this Secu:ity I�n�men�This assigmmcn PI or mortgage,deed oi trust,�
<br /> .,. t of aceeds is subject to the teims oi any prt °
<br /> ,� ;� , °:.��: seauity agteement or other lien doct�nt• �;'
<br /> •:: �nswed agaiast loss by�ire,itaod,theft aud other hazards aasf rlslcs •
<br /> . . .. 19. INSURAN�:E.Cranwr shaU kee�1�r��its t and lac�flon.Tlds�nsu:aaoe shall be rnatntained ia ffie ai�touats •�_::.-`
<br /> f ,A_. .
<br /> �:i� ,�., .reasunably assaciated wtth the PropeRy � ttee inswance shall be chasen by Orantor
<br /> ' t' aad tor�the perIoils that Ledder requiies.'The insurance carrier prarvldin�.
<br /> ` •��°.:,�'.�.: ovai.which sba11 not be unreasonably withheld if(irantor t�iL4 to maintain ttte caverage� `
<br /> ,-:'`�;;::=�:-,,..- subject tu Lende�s appr socordin . :_
<br /> �.' ` ., ,., ., � � descn'bed above,Lender may.mt Lender'g option.obtain eoverage to protect L.eQder's agf�ts ln the Propetty so g.
<br /> r � . �i1SlIt1lIICnt. ' t,
<br /> , : ;, � to the terms M this Seaulty table to Lende�r and shaU inclade a standard.°maitg,�ge�lause"and.
<br /> � -�F� 'pp insvrance poticies�aad renewaLs shall be aa�p
<br /> '� ` where appl�bie."Wss PaY�c��e."Orantor shall icamediately notify Lender of cancettation or termu�a�ou ot the
<br /> :� :,a�,:►4;: ;�`� `' . insuraace.l�ender aha116av�ef aid 1 sniums and�renewal notices Up T tass.G 'ranor�sl a 1 givetimmediat�e nnticetet�o
<br /> . �ive to Len+der a11 reoe�pts p P�
<br /> �
<br /> ,:.::,::� : . - . t�ke ins�uance ca�ier ead Lender.Leader may make proof ot toss if not made immediate{y y ran or.
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