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<br /> ' `Praoe2d�tn cannectidn�t�#!e arrtaa�natbn or otRec ta�in9 of ths PtoFeth oi PaR t��'e�. end shat{a�so : . 4.
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<br /> ::�=.:�,, �. ° . : : - lendee�ttall E�a e�(tted et tis opUan to wmmanae.BA9o����Qrosa�o in fPs ovon r�arrte anY acHar�ar�taceedU�g i����� -
<br /> �.F'•.• ,'. 8 OT.88�I81Reid I1t COMBWOfl W�6{iCA�t18 Oi Q&IRSS9.Ifi dl8 8W@11t gt1Y P0� a8er d�9 �`,,' `}•.
<br /> .�.°.<< 0@$11�fI8d lD{i18R88Ry O�n1�1�5 ..--
<br /> ;�,.'��. ..., � sa t�n or damaBed.Len�ar shall have t4ie�n tn ib sde an�ebss�tute msaetton.t�ePPtY�sucA p�esds. � �-�.�,•.._�
<br /> ° . .tlisrefsom all costs ertd expanseBlnaatred by it[n aant�ectton vdth sn�P+rooee6s.aP�►�Y indebtedness seas�d hereDY and In surh , • ;.
<br /> ` 'c* order es LepQer tna�►determUs.ot to ePDN�such Pt+ocesds.&fter suGt dedudIans.Oa the rest�ra�on of the PraDeR3►�Pon sud��s� F��• �'
<br /> ., d�tons es Lender may dst�rsnirte.Any ePDi��n a`P r a c e s d s L o I n d a D g e d n e s s s h a t l rwt aztend or pdstpona the Que date of a�ry P�Ih ,`��.
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<br /> ' ' msrts undet t9►e Note.oratre anY d4fault�er+eunRer or hereun6er.MY unspD�ed tunds shall ba paid tu Tntstor. .�
<br /> .°' ,�_`•. L,ender.Upon Me ocausence oi sn Ever�t o�Qefaidt rtereunder.or If arry act ts taken or[ega!psuaeedln9 : ���;.
<br /> � ��-_:�. ::. . 8.Paiforrafart�bY �`���::�;:
<br /> �M1'�` ' ' .' ���r comrt�enced�vhi�mafertal[y affecfs L.endea's inter�st in thB Pnop�riyt,Lender may in its oKm disc�eUbs�.hut�ithaut obAgatton 4o do s�. ,. .
<br /> ` do arry act wNch Tn�stor fias a�eed �:.�-:E,�
<br /> �� artd wtthout notfoe to oi deman,d aPon TnrsMr snd tvithout retaasl�g Ttu�tar�ed tlie se�auitY hereof.Trustot shaU. Unmedlat�Sy upon �,t•.'•.�,:
<br /> but faBed to�Q(o and m+a,Y��atso do�y ott�sr ac.t it deems�/}�Q�Qd and sums euPended by Lender im m�nec�ton�+rith the exer-
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<br /> dse dy Len..dsr af the Tor�gairtg dghts.Lagstl►sr witle interest thetson e!41te.def8�t rats provided in tlte 1Vote.whIch shall Oe added ta
<br /> the irtdshtedrtess E:cuisd R�reCy.t.s9tder shat!nct inair any Itabitity because.n!snythtng i#may do oromit�o Qo hsresu�or. • � f; �..
<br /> � � 9.Har.�tdous PRatarfafs.Trustor shaU keep the ProPenf/in oompUanaa wtd�eA aDPlicable tatirrs.o�nancPS and reguta�ons �_ _;',i_
<br /> ". � ' ` "��• reta�ng tp industrtal hy�giaeie or en v i r onmen t a t P m L e�O n E C O l l e c t i v e t y�e f e[r e d W harein as'Fr�viconmet�tat t8ws?.T�ustm shail keep �,�,��-,.
<br /> ti �. , ` `' Me PraFeAS►fres fmm eii s�ncas daemed ta he ha�ardous os t�xic unGer any Envimnmentat Lavrs(caIIecbveh►�eferted tn here i n a s,.�--`;,-
<br /> as Hazarppns Materials�.Tnistar ha�eby warrants end represents to Render tt�at there are no Hazardous Mate�ats on or unaer the � ��
<br /> � . � , popAerty.Tcustor hereby agceas to{ndemnit�at�d hatd hatmtess t.ender.its d'+r¢cmrs,offtcers.ecnpioyees and aae�s.end enY suoca^� .-`=
<br /> . sars t4 t:enda�s trterest,fr+am ana again�t enY and ail daims.damagas.tosses and(Iabl4Ues arlsing tn conne�lon With�te psese�c� �l,:
<br /> _ . , use,dispasal ar tra,�or�ot arry Hazardous Materia�s on.unQer.trom or ehout t4�e Pmpery►.TkE FQREGOIHd WARRANTtES ANO . ,.�i
<br /> �•�`"�, (`� [��t'` REPRE$EI�iTA7ION3,AND TRUSTOR'S 06Ut3ATtONS PURSt1ANT TO THE FOREGOlNG INDEMNf7Y. Stff�1-�SURVNE �,
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<br /> RECpNVEYANCE OF THtS OE�1 Ot TRUST. _
<br /> ��'' 10.Assignment o!Rents.Tn�stor hete5y assi8ns to Lendev.and grarrts Lender a security interesi in.all pr�serrt.futrire anQ �
<br /> - � after eristn9 rents.issues end P�ctthe E7cAerh+:Pcovide0 that Tnu�or shafl.unt�the occurren�pf��Ev+ent�ce af an Eve t of . � –�-
<br /> .' � .y • , hava the dght to wtted and retatn such rar►ts.issuas ertd profits as t�eY beooma due and Dayab � �;
<br /> :, •� °: qefeui�Let�ttter may.efther tn pe�son ar by aganL v��m�ou!bringing arry adlon or proceedtn9,or by a ceceiver spPfl��bl►a
<br /> r � C O U R elld WithOUt[e�T d tO 1$8 8Q8tNa�71 Ot iffi 8BWtitY.er�er upon and take Pcssesston ot the PmPerty.or arry part thereol.in its avm �`��t� `
<br /> nams ar in the name of ttte Trustee.and aa srry a c t s w h f�i t d e e m s n e o e s s a�Y o r d e s i r a b i e t o p r e s e r v e t ha vatue.ma�cetahil�y ar � �.._,.:
<br /> + ,• y 'rentabiity of the P�ABRy►,a�a�►Y Partfhereof or interest therein.or W tnc�ease the Incoma trierefmm or pra�t tha securiry hereof and. „ -..
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<br /> ...z..; wfth or�vtthout tatdng passession of the Pcoperty.sue for or othervufs�e catleat the renLg.issu issaes d prcflts ►��s�c�s d expe�
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<br /> '� �.-Y: due and unpaid.bY nctifyin9 tenanis fo make payments w Lender.t,ender may aPDh►��� • ,.`
<br /> _ . ;,',::�. es ot operaf�an and caAectton induding attome�s iees.to arry indebtedness secured hereby.a►1 tn such oMer as�.ender may detef• c : -
<br /> . , � mins.Ths eMedng upon and ta(dng possesston of the Property.the cofledion of sucA cer�ts.tssues and ptofits.and the apPlJ�ian �
<br /> . thsreaf as aforesaid shall not cure er waiva sny defautt ar rto�ce of defautt hereunQer a�invallQate any ad Qone in�espense ta such �. �,�:
<br />�� � �'S defauit or pursuent w suc�noHce oi default and,notv�nding the oonttnuance.tn pussession of 1hs Property or Uie�Ifectioh, -:
<br /> • � • .' rec�ipt and apDltraYton of rents.issues ar profits.T�and L�nder sha�be entttled to exerdse every BgM proviQsO for(n any of fhe �•_
<br /> Loan tnstruments or by law upoa ocaurence of amf E�nt W Default,fncludUg wttl►out itmitatton the�ight to exesdse��Va��r�� �v.
<br /> � ���`,t�. �`' � � Further Lenders dghts and remedias under this��raph shaq be c�nw�aUva Ydth,an0 in no way a IimiteUon on. �;-::
<br /> '. . , ; Tn�stee end ttle ceoetver shall be liahie b
<br /> r e medies��er a r ry assignment of t�a�and rents recorded agatnst the Property.LenQsr, . �' :
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<br /> r F.,� {:f. accountoriytortltoserentsacWally�:?�ed-
<br /> ,, �•'���f�, , � 11.Eventa o!Dofa�Wi The lollativ�sg shall consUQrte an Event ot Defautt�ender this Oeed of Tru�C. .
<br /> ... .,'..,' .�. �; . (a)FaRure to�y anY i�altment of pdnciDal or inGa�est or any ather�c:.?5ecured hereby when due: ' ���
<br /> � �s;,�.,� ��'' (b)A breacb of or defautt under any provisien oomalrteA in the ASote,�s'~a�leed of Trust,any of e�a E�a.-�[nstrumenis.or aml � �
<br /> '��•'' � other lien or enCUmbrance upan t3se Praperty; ����:
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<br /> ' � ,;ir.•-..,: (c)A wdt oi execution or 2'�hment or any simitaz prooess ahafl be entered againsi Trustor whict�si�ail be�oms a lien on � �_•,
<br /> ! the Property or arry portion ther2a'f or interest U�erein; "'�'
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<br /> .'•� • {�TherB shatf be fited by or against Trustor ar Bortawer an adion under any present or future federal�state or otf�er statute, � .w_
<br /> �`~�`�`�" •�• (aw or regutattfln retettng to banlauptcy.tnsolvenaY or othet telteifor Qebtots:ur ittefe shatt ba appolrRe�enY tn�stea�re�eive�or
<br /> � (iqutdator of Trustor or Borrawer or oi ail os any paR oi the Property.or the�ents,issues or pmfits thereo�or Truster or Bottower ' � ..,-_
<br /> ' �� � . . �t�2}I make any genera!assfgnmenKor ths benafit ot creditars: –--
<br /> ' .�.'•� �e)The sate.trsnsfer.te�o,asstgnment,�nveyance or fuMer encumbrance o�a11 or erry part ot or arry in�rest in the __
<br /> P r o p e R y.8'�t h e r v o t un t a r l l y er i:voiuntadly�without tt►e express wrftten conserrt of Lender,provided that Trustor sh2�me permit 6r�'-
<br /> .X ted to e�cecute a e�se of the Property that daas not cont�in an o p t lan t o p u r c h a s e a e d t h e t e rt n o i w h t c A Q o e s n o t e x c e e d o n e 6. __ ..
<br />_-. �. � —
<br /> ysar. � '°
<br /> +� (�AbandonmaN oithe Praaerty:or : s.
<br /> � (g)N Trustor is not an 1n��:1ual,tAe issuance.sate,transfer,assignment,conveyance.or encumbranee of more than(it a _
<br /> . corpo�a�on)a totai at Pe�nt of tb.tssued end outstanding stack.or(ii a Da�eiship)a totai at � Pef
<br /> �. ,�, .•� cent oi paRnershlp interests.or(ii a Umited liabifity wmA�n�a total of percent oi the limited liabitity compa� :`:
<br /> ' � ny fnterests or voltag dghis Qudn9 it►8 Dedod th1s DeeA�i Tnist temalns a lien on the property. r
<br /> - ' ' �� 12.Remedtes;Edeeeleratlon Upon DelaelL tn the event oi arry Event oi Detau1t I.ender rtray,v�'itho��t�ctt�e BxoeDt as required [ `�'�'
<br /> ' . ���F • ' by law,dedare alt indebtedness secured hereby to be Cue and payab►e anA the same shail thereuDen becamo due end payabte wiih-.
<br /> � • ' out any presentment,Qemand,protest or noUce oi any kind.Thereafter Lender may.
<br /> • • .(a)Oemand that Trustee exercise the PO'NER OF 3ALE granted herein,and Trustee sfiaU tflereafter cause Tcustafs inter- .
<br /> � � .. � �b Exercise anY and at�rights provQed ior in a Ysoi the�Loan(n�^mments oroby lawi uPcn axurrence of any�Ch►en of � , •.
<br /> � � � � De aulh and ' •
<br /> _ .� �� ;_ :�� (c)Commence an acUon to forectose Ws Oeed of Trust as a moRgaga,appolnt a reoeiver,or s�a`.catly entorce any o1 the
<br /> oovenanb hereot
<br /> tYo remedy heceln cortterted upon or resenred to Tnistee or Lender is intended to be exclusive oi any other remedy herein,in tne Loan
<br /> • .�� . : � ����an tnstruments or now or hereafteaextsting at law or n equity or by statute,�and m�ay be exerG ed concuaenU�y nQependentry �
<br /> In tho Lo
<br /> or suocesivety. �
<br /> � � � 13.Truste�•The Trusiee may resign at any time witho�cause,and Lender may at any time andBdthout ca7sNe�a r�n�ay pu� •
<br /> ' �ssor or substitute Trustee.Trustee shall not be liabte to any party.Inctuding withaut Omitadon Lender, orrower.
<br /> _ '��. � � chaser ot the PraDerry.for any toss or damaga untess dus to reckless or wilNut misconduct.and shall not be reQuirod to take any sctian�
<br /> � � � in oonnectian v�ith the enforcemont of this Deed oi TNSt antess indemnrfled,in nrdting,for a1t costs,compenSation or expenses whicl�
<br /> ' � � may be assodated therewith.In addition,Trustee may became a purch�ser at any sale ot the Property�udiclal or under the power of .•
<br /> - - sate granted herein};postpone the sate ot all or any poRlon at the Pcoperty,as provided by taw:or se11 the PropeAy as e whote,or tn
<br /> separata parcets or lots at Tmstee's discreUon.
<br /> '' � . . • 14.Paos and Expensos.in the svent Trusiee setts the Property by c�►xxerclse ot power of sale.Tastee shalt be ert�tted to appty,
<br /> ,N any sale prooeeds ftrst to payment ot all cests and expenses of exercising power of sate,inc4uding eD Trustee s iees,end tender's and
<br />•��,,. . • T�ustee's attomeys tees, actual{y incurted to extent pertnittad by app�icabie law.In the evant Borrower or Trustor exercises any dght
<br /> . � provided by fav�to cure an Event of Oefauit,londer snall be entitled to recover from Trustor aU costs and expenses actuatly incurred as
<br /> . � . .' '� . ' a result of TNStors detauN,inctuding without timitatton ail Trustee's and attomeys tees,to the extent pertnitted by appticat�Ie taw.
<br /> � ty.Futvre Advances.Upon raquest of Borrower.Lender may,at its opUon,make aQdiUonal and f�rture advances and read- '`.
<br /> =-_.___ _ _ _. ,
<br /> . • � ' vances 4o Bortovrec Such advances an0 readvan�s,with ir�feres4 Llereor►,sltall iss�:c�sr�!bY tt+1s DeaQ et 7rust.At no time shatl the __.
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