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<br />.`��:``''�. -� - the Prop�.ctp in violation of �np lav�, ordi.nance, o� regala�ioaj �``: .'� =� '£- .
<br /> '-;�--, `- a�� sha3.1 prap aaa PramptZY af s��a� at Horre�er•s cost and � �N,
<br /> ; °`��� . expense all l�ena, encumbrattce� and charqea lenied, imposed or °� ° . ,
<br /> �`` � `. �` asseased aq�inst the Property or aaY Part thereoF. , ,:
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<br /> � 6. Sminen� Domain. Le�ader is �erebY assigaed all ,�.:'7 ,;� - <:.
<br /> �``�" ; compensation, awards, daucage� and o�her payments or r�ifef . .F�• ' '�`'�
<br /> '�` :�;��:, (hereinafter "Proceede") in connec�ien with condemnation Qr other ,.
<br /> :..
<br /> .._. r -_---. �al�ing of the Property or part �hereof, or for conneysuce in lieu . � . . >:
<br /> • ` of condemuation. Lender shali be entit2ed, at its opt3.on, to Y:'-. � '�`�
<br /> - '� ,Y conanence, appear in aad prosecnte iu its o�n aame any action or ,�� > :,--�.:-.�
<br />� , " • � � preceed�.ags. aad shall also be entitled to make anY campromise or �-� ';�_;:
<br /> settlement in aonnection v�i.th snch taking or da�age. In Ehe _ _ �
<br /> eveat �Y Po�ti.an of the Property ia so taken or aamaged, Lender __.,,"`}�._ .�,
<br /> ' � � shall have the op�i.on, �.a f.te sole aaid absolute discretion, tn . ,�,__`,-
<br /> � ' apply all sua8 Praceeds, aft�r deductinq therefrom all coste and -
<br />-, •'`�` `* expenses iacnrred by it 3la conneation wf.th sucb Praceeds. npon , :- _„ -._.
<br /> � '` � - � = any indebtedness secured hereby aad iai sucb oxder as Lender may : .*°;-�°-
<br /> " � ` determine, or to apply ail such Proaeeds, after such dednctions, - ----
<br /> , .�':
<br /> �� � to fhe restoration of the Proper�y upon such coa8itions as I+ender - _ _
<br /> � may determfae. A�y application of Proceeds to indebt�8negs e�al� '_
<br /> , not ext�ad or postpaae the due date of any payments under the ' �--_
<br /> , : �:�__,
<br />.__,' �:': h.:�.:.�` Note, or cure any default �aereunder os herenndera •;:�:_�_
<br /> �` .��,.�"�-.
<br /> -,. . 7. Performance b Lender. Ia the enent of Borro4aer•s __
<br /> . . .r. �.���"< � failare to per orm any of e covenants h�rein or make aay pay- -
<br />� . �..:.�� � . ments requised hereby, or ff anp act is takea or legal proceeding - --_
<br /> =--=�' com��enaed which materi�l.ly affec�s Lender's interest. 1A the 7�: �,_„
<br /> � �� Propestp, I�endes map fn its owa discretion, but without obl£ga= -'T
<br /> • � � � � tion �o do so, and wittiout notice '�o or de.�nand upoa Horrbwer. �and 'rt
<br /> . � � without releasing Borrower from anp obliqatio�a, do any aa� which �s`�'�"
<br /> - the Sorrawer has agreed bu� fails to do and may alsv.do any other ���-A_
<br /> � � act i� deems neceasary to protect �he secuxi�y beseof. Horrower __
<br /> •� shall, �.mmediately upon demand �berefor bp Lender, pap to I,ender _
<br /> • �• all costs and expenses iacursed and suma expended bp bender in � _ ___
<br /> � - connection witb the exerc ise bp Lender of the foregoinq rfqhts, ��:�-—
<br /> . - ,�'i� together wifch interes� thereoa at the degault rate pror�ided in ��__. - -
<br /> � � �• the Note, which ahall be added to �he n e tedness secnxed �z-�-�`
<br /> .-�:--.
<br /> ' � . � hereby. Leuder shall not iacur any liabi�ity because af anything ���=
<br /> ' . it ma�y do os omit to do. hereunder. .z;�; ��� _ -
<br /> � ��� •T�-�
<br /> � , 8. Hazardous Ma�erials. Bonower ehall keep the `' S - =_
<br /> � � Property in compl ance � th any and a11 federal, atate and lacal �
<br /> � ' " laws, ordinances anci reguiatioas relating �a indu�trial hpgiene f '
<br /> t_-�.�::s`�-�.
<br /> � or �o ennironmenta]. conditiona on, under or about the Praperty, �_T,,,__„-.: _
<br /> � • including, but not limi.ted to, aoil and grpundwater aond3tfons. `-��;�_'�_—°�
<br /> �."� • � � Trnstor 'shall not us�, generate, manufacture, stoxe ox diepose .of� �'��*�-=�
<br /> � .:''';` � on, under or about the Property or .tranaport �o or from the ��T, * :.�__
<br /> ,,, ���. _
<br /> � "� Property any flammable explosives, radioactive materials, hazardeue �. �
<br /> � ' + wastes, toxic aubstancea or related materials, including, without � �����:--�����,:=�.=
<br /> � � � limi�ationp any substances de£ined as or included ias the definf.- . : .
<br /> � �•��r�` �� � tion o£ "hazaxdous subafances". "hazardons waetee". "hazar�ious . ;�.�..�..
<br /> � . . matesials" o� "toxie eubatancesQ1 under any appifcable l.aws, "x�' �
<br /> � " �•' � or8inances or reguY�t�.ons (collective].y teferred to heseinaf�er �F�-� „�;�:,
<br /> � � as "Hazardous Ma�erials") . Borzower hereby warsants and repre- _- -. -- --
<br /> � • aents to Lender �hat theze axe ao Hazardous Materials on o� undler ._ _�_.��
<br /> � � �� ' the Property. Horravrer heseby agreee to indemn�.£y and hold . �
<br /> � har�lesa Lender, ita directore, of�fcer9, employees aa8 agente, • ,
<br /> � � .•�''��:�%,�'' and any auccessors to Lender'e interest, from and agafnst any and � .
<br /> � : . all claims, datnages attd liabilities arisinq in connection wit� . •
<br /> � � " �he preaence, use, etorage, diapos�l or tra�sport of any aaxardoue . �
<br /> � , � �
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<br /> � Materials on, under, from or abont the Property, inalud4ng, v�f�-
<br /> � out limftatian, !a) all damagea 8ireetly or indirectly arising
<br /> �• . out of the use, generation, etorage or .disposal of Hazardous
<br /> � • � Materials by Borrov�er or any prior ovraer or operator of the � :
<br /> � . . Property, and ib) all costs of any required or necessary repair, . • � �
<br /> '�., �. ' � cleanup or detoxification and the preparation of any closure or � .
<br /> .� ' other required plans, v�he�her such acfion is sequireS os nc:aes- .
<br /> eary prior to or follo�ing tzanaEer af title ta the Prcperty, to
<br /> the full ex�ent that such ac�i.on is attribntabie, direatly or �•.•
<br /> '�`` ,� indirectly,_ to the presence or use, generation, storage, release, : �
<br /> „ , threatened release or aisposal of Hazardoue Ma�erials by any .
<br /> :. �. person on the Property prior to tranefez of title thereto by �
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