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<br /> s ` �� `Praceeds�in oonnec�ton with condemr�atlan or athar ta4ctn of the ������� �., �
<br /> .. ..r � «<`` 8 Pr'oPerty or papt tizereot,ar br�nvayanoe tn Qeu ot condemnaGon. ti 4, s ; '�.
<br /> :. . : � lender shstl be enilUed et tts op3ton to oommence.eppear In and prosecuta in fts avm name any action or prooeeeings,and shaU atso .::� � ..
<br /> ^:,':-`�,.:_� ::' ba enfJtted ia m&ke eny oornprom�s or settismant tn conneexian wit�suc�taking or damags.tn ths svent any pnR[an ot ihe P�operty 1s t;�.:`,�;�,`°:"_•:��
<br /> . . "` _r;.` so taken ar damaged.Lsadsr shall h�e the opSan i�s ita sote and absotuDe discre�an,to�aPPiy alt sucA proceads� after dedudfng . , `:
<br /> . � . thacefrom all oosts end expans�incumed by it In oottrtectlan witl►such Prot�sds,upon any trtdsbtedriess seaued Aereay and tn su� ��, �.�����
<br /> , arder as LenQsr map Qetermtne.cr tn appty�U sueA Fmcesets.a4Eer sud�deducBons.to!he rastoratton ot the Property u�on s�ch rdo- ..`��:� : � 4
<br /> , d'itIon�as Lender may de4e�tntne.Any app�cattan ot Proaesds to indebt�dness shaU not extertd or postpone the due date of any pay- ..<y.:''` ; •:_>•
<br /> � � msnts�mder the Mote.ar cure any Qefauti t�ereunder cr hereunder.AnY unaAplled funQs shall be patd to Tniswr. • � :�:.��<,.
<br /> -�� - 8.pe�fomGana�by Ldsndar.tJpan the oaurtente at an Event of Oefault fierennder.or H any aet is taken ar tegal proceeding •-�r�:`�°� -
<br /> ` .Y-'.i 9
<br /> ��',� .;. oommences!which materiaQy eRecta Lertder's in�es!in the Praperty.Lender may In its awn discce�on.6ut withaut obtigadan to do so. �;�. ', : : �
<br /> ;�; and withoui no�cs ta ot demand upori Tmstor and witflout reiaasing TrusUor from eny obU�atian.Qo arry ac[whi�T�r has agreed =.� t `
<br /> Cu!tailed to Qo asid r�ay afso�o any other ad 3t Qeems nsoes�y to pr�ect th�se�a�fiSt hereo�Tn�u sl�aU.immediaigN upon ; .-�.. �;
<br /> ': ,, `t. �, ` f demand Merefoi�r Lender.pay to Lender all�and e�enses irtcumed and sums e�ended by Lender in eonnecUon with the exer- • �,
<br /> ; � � : dse by Lender of the foregoing tighb,Wgether with interest thareon at the defauft rate provided tn the IYote,which sMa110e aQQed to ' � ' �•
<br /> �°�" ' : . � the IndsbteMess secured hereby.LenQershall not tncur .J- ----
<br /> •: arry 13ability�because of anything it may do or omit to da hereunder. � `''�. ' '.4•��'
<br /> �. `.: � }- 8.K�atidous Fda�srbts.Tn�sflor shall'ksep the Properiy tn oompUance�adth all appltcable taw�,ordinances and regWatians .`.��.',�_.>�. :.�
<br /> _ ., ,:�. retatlng to Industrtat.hygierte or environmental pro�ectFon(ooUecUvay refer�ad to fierein as°Emicanmentat Laws�.Tn�sKnr shall keep _ ------ _�.,;.;{--.
<br />- •.�s:� . tho Prapsrly free fram af1 su5siancas deemed to be hazardous ar toxfc under any Environmental taws(coRec�vety reterr+ad to hereTn ---
<br />_ ' �s'Hazardcus Materials'j.Tn�.stnr hereby warra►ns arid represents to Lender fhat fhers are ao Hazardous Mate�iafs on or under the ��;, ':-'� �--
<br /> � " � Property.Trustnr hereby agrees Lo(ndemnify anQ hold hatmtess Lender,i4s directors,affioers.emptoyeas and agents,and any succe� �.�
<br /> . �f... scrs to Len4Efs tnteros�froyn and against arty end eU daims.'gea.tesses and IlabDiUes arising tn connectlnn wfth 6�e preseruu�. . . �•,A ., t-` "�'�_
<br /> ',. '', .. .; use.m�!or transpoet of any HazarQous MaUsrfats an.under.frcm cr a6aut tl►e Praperty.THE FOREQOIHG WARRANT[ES AND . _..�_
<br /> .�„� '. .',�t• REPREB�I�iTAT10NS.AND TRUSTOR'S CBLIGATIONS PURSUAM'Tp,TI1E�OREGOttVG INDEMNlTY,SHALL SURViVE - .
<br /> _ " RECONVEY/WCg OF THtS DEED OF TRIiSI: � � .
<br /> � '`'f t0.Asst . .
<br /> � ' gnment o9 EteMs.Trusmr hereby sssigns to lender.and grants Lender e sectirfty tntesest tn.alf presen�future and �.;�.;.. :%�`.`--
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<br /> . '.• •,F afte�ertstrtg renis.issues and profifs of the Feaperty.proviAed that T�sOar shatl.unL7 fhe oa�mance ot an Event of Defaulk hereusider. f,':,..c..-�;::
<br />_ ....... • -, Aave ihe dght tn calJect and�min such rents.fssues and profits as they Decome due and payaDte.Upon the occurtencs of an Cvent ot M�'f'.:;-
<br /> _ .. Qefault,Lsnder may.either fn persan ar by agent.with or wi#nout hrtn8�8�Y action ar prooeeding,or by a ceoeiver appcFnted by a .
<br />�. . . � oourt atM a�Jthout regard to tha aQequacy M its security.e�er upon anA take possesston of the Property.or arry part thsreof.in its o�rm ;•�st�c:,: ":.,:
<br /> �.� ':: •.'� name or in the name of the T�e.and do any acts whfCt�it deems necessary aY desfrabte bu preserve the vatue.madcetabtfity or i;:;��:+;::.�_°' -
<br /> . , , , r8ntabUity af the Prape�ty,or any part the�eof or interest tfierefn,or ta increage Ure i�come therefnom or protect t�e securRy hereaf and, �''�`'�� �,`- __
<br /> • �or wffhout�idng possession ot the Proparty,sue for or olheswise coitect the renb,tssuas 4nd prpfits fhe�+aof.Indudfng ihose past . •.������ "�=-'�
<br /> _-- _` '°:�•,{� due and unpai4:bI►ncti�l►n8 tenants ta make payments to Lender.t.ender maY aAAN renfs.issues and prot�.less ousls and expens- c-_ .°'_-'.�=��
<br /> . . , �•+ es pt operatibn and co4ection(ncdudirtg attamsya fess,to atry indeMedness socured hereby.ait tn sucb ordar as Lender may deter- • '�`- �
<br /> � m(ne.Ttte eMedng upon and talcing possession of tlse Property.the coUec4ton of such rents.Issues and pmfits,end tite application � �l'`-�
<br /> •. �':.,. .;,..� - � ----__
<br /> ,. 4hereot as aforesaid shaU not cure or watve any default or nottae ot default he�eundet or IrnaltAafe any act Qone in response t�xuc� "�f�-�_ '
<br /> � defauit or pursuant to such notice ot dstau(t and.notwfthstanding the corttftfuance in possession oi the property or the ccffectton. _`—�'- J
<br /> '` recetpt and appftcatton af rents,issues or prafib.Tnist�es and Lender sfiall be entlUed ta exerctse every rlght provided for tn any af the • �`�"?
<br /> . ��.1 Loan tnstnrment�cu by law upon oa�r�ence of�►y Event of OetatAt.indndin8 withau!11mlt$tion ths rtg�t!Q exarbss U�.a Qa�er ais�'w. �-=-�---�-
<br /> .,-h` f-�'�' firrther,�,endefs dghts and�emediss under thls paragraph shall be cumufaffve with,and in no�vay a lim3tation on,Lendets d�ts and --
<br /> • ' :�� remedies imQer arry assignment aB leases and rents rewr+ded against the Pmperiy.L,ender.Tntstea and ths reoeiver shaU 6a fiabia to �,,��.��.��•� �
<br /> � �' ac�unt onty fcr those rents ac�r.�yr received. � `��"
<br /> ��.s, � +
<br /> i � . 11.Events M OefaufL The foUowing shatl constiNte an Event of Default under this DeeO oT Trust � �+...
<br /> �� _ '� (a)Faituce to pay amr instalfinent af pdndpai ar Interest or any other sum seaired hereby wi�en Que; ' '�.��,:�-�_
<br /> ' ..���' (b)A breach af or defautt under arry provision cantained in the Note,ihis Oeed of Tnist,any of tAe Loan tnstrumertb,or any = ,-�:>.
<br /> � . .� � other Iten or encumbrance upon the Praperly-� • =. �;=°_�
<br /> ;i� . .; '`. (c)A writ oi execa�tion or ettachment or arty sim�7ar process shalt be entered against Trustcr whicfi shai!�me a lien on -� ��=��� �-�-
<br />:;. , ths Property or any poNon thereoi or interest thereiri: ;;;-�.•�r�'.: --
<br />�'.' ' � � '�? (d)There sha11 be 61ed by or agalnst Trustor ar Bomower an action under any present er futura federal,�late ar other stalute. • • _ �=
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