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<br /> .4�c . � At the aptton of Benefciary.all os�yr patt of the ageed f�s sad chffiges. accraed�d�i ecome , ,
<br /> - , .�_��_ :.,,..��n;�,rety dne sad Pa3rable�after gIvnug uotice if requtred by law,upan tl�oa�ceace of a defauit or anJrlime them�. . ._, .{..
<br /> .. ,,�._r�� : In�rlditlon.Beneficlary shall be eatitiQd w atl the reffiedies pravided by law.the Evldeace of De6t,other evidenc�s af debt, � : - .
<br /> tbis DePd oY Trasc aad any telated dcaimeats iactudiag wit2wnt 1�mitat�on,rbe power w sell the P,ropeny. . ..
<br /> If tltetp is a d�fattit,Tiustee sbaU,in addittaa to�y otl�r pemmitted�y,at tLe request of the Beaeficia�y,advertise mmd " �: °`�
<br /> `� �` <. ; . s�llll tIIe Ptapecty as a ahoIe or ia separate pa�ets ai pubHc�ction co the bighe�c bidder for cash and oonvey absol�e titte .. • .: ,
<br /> � �.< .:-.�-. free and clear of all rIght,titte and imetest o�Tmstoz ai sa�time and place as T�osaee desi�nates.Tiustee sha11 give aQtice •
<br /> -- - �.'-s�!` of eale incIudiag tIte Hm�.teims aad place of saIe and a desca�giion of dte PmPectp to be sold as teqaited by the applicab2e
<br /> i Iatv in effect at t�e t�ae og the prapased sale. � - '
<br /> C ��'' ..."�I] : �' , �.LCl,y:
<br /> � � Upan a�te of the pzaparty and to ttte ext�nt not prolu33ted by 1a�v,Tmstee s6a11 atake and deti�eF a deed w the Pmperty soId c. _
<br /> ` . `,',,� and casts.sisall a to Beaeffdary all - ''��
<br /> wh�ch cameys absolute tide w the pntrhaser,aad aRer fttst paybng all fees,c�rges P Y .-.
<br /> moneys advanced for c�sirs►taxes. iasuiaace, liens. ass��piiar�aad i�temst�n, aad the `r�
<br /> ' " '�,__•� P�PaI aad iutetesi on the Se�vzed�lebt,PapiaB t1�e su�Ftns► ��J�.w Tiaswz.B�ciar9�Y F���i't]►• .---�,,_�k.�--`.
<br /> S 'ihe recltals ip eny deed of conveyaace sball be prima faeie evidenoe of the facts se�forth the�ein. :�:f F.,'._�.-.�_
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<br /> . , Y�� AII remedi�are distinct.�ve and not excInsive,�d the Baneficiary is�titled to aIl re�edies psovided ffi 1aw or `-_^ '-
<br /> . _ equity,whetLer expressly set forth or aot.'t]�e aaeeptaace by Be�eficiary of a�y sarn in paymeot or pastial pay�znt aa the _
<br /> ` ' SPCUned Debt after the 6alaa�is dtte or is acoelewied or atter fasecdosQCe pmceeifiags a�e fled shall not caasti�e a waiver - .,. . .� .
<br /> of Beuefictaiy's rig,t►t to t�equira fhU�d�mp2ete cure of aay existmg defauli.By not�xetrls3ng tmY�ed9 am�Trusta�s .�°,, �...
<br /> � . . QefauIt,EeaeBcIaryr does not waive Beaefid�y's ri,gi�t to later c�unsider the eveat a defauit ff 8 oondames or happeas agaia. �;;�;' -
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<br /> � �- ; ,� ,. 18.ET�@15FS:ADVAPiCES�N CO�IENANI'Si AT�'O�NNEY�'F�;COLH.FCrION C�Si'3.Except whea pmhibiied
<br /> ,by taw,Trastor ngcees to pay all of B�eSc�azy's expenses if Tiusws b�es mry�in this Deed of'IYvs�Tmstor ,�` -----
<br /> --------- wjU aLso pay on dem�d all of Benetic�aiy's expenses incutred in colle�ing,�g,P����P�����P�Y ��_'� - __�
<br /> � , � ` os 1n any inventorie�.�dira,f�sP�ons or other e�ation by Beneficiary in respea w the Prraperty.Tiustor ag�ees w - --
<br /> . " � pay eil coste and expenses incurred hy Beneficiary in�forcing or protectlag BeneBcfazy's rights and�es�mder this �..t ,i:��:^-'i
<br /> < � .'. Dced of Teust.including.bnt not li�ited w,suomeys'fces.comt costs.and other legal espe�s�.Once thee Sea�red Debt is . � .'��
<br /> _. . . ,.�..: ftilly an�finaU y D a id.Beuefrc�a:y agtoes w release this Dced of 1'�ust an�Tmstor agcieea w pay for aap recor+dai�on eosts. ._��^�-�:.
<br /> . -- --- ' Ali sucb emonats are'due on demaad aud w�6ear int�r�.st fram the ume of tI�sdvaace ai the hig�t rate�n effect,fmm - `; ,�=i,
<br /> . ". ' time to t�me.es pmvided ia the Erridr�ce of Debt aad es permiued by law. ::.�,r
<br /> . . 19 E11iVIItONMENTAL LAWS AND HAZAItDO�SUBSTi�NCF�.�As u�ia this section, (1) "Enviran�al Iaw" . . •:`�=
<br /> • . .- - . means. without linuitadoa.the CompreIlensive Eaviraameutal ResPonse, CoraPensai�on aad L�ab�ity Act (CERCLA,42 � � �.�.;`�"
<br /> � � , �� ,s U.S.C.9601 et seq.).all other federal.state mW tocal tawe,zegulatEons.ordinanoes.court o�;attomey general opintons � ��.�_
<br /> � , , ' � or interpretfve letters conceming the public heattl�, safety, welfare. eavironnus�t or a hazazdous sub3tance; and (2) •�:��::�
<br /> � . •Ha7ardoua S1�bstaace" uteans any wxic. radtoacsive or Ua7arGous mateiial. waste. Pultutaut or cantaminant whicb has ��i;j�•.,;F.t�.
<br /> ' characterIstics wblch cender the sobstance damgemus oz potentially dangemus to the public fleattb� safety. welfare or �: ;�y�:r',•,' . ---,
<br /> et�vimnmeat. 'ihe term includes.withont limitasion,ea3►snbstanoes defiaed as"hazardous material,° °wxic sabstauces.". `. �%"� : r�
<br /> . . - � "bazardaus waste" or"ha7ardous substance"aader aaq Envlron�ental Iaw. Tn�swr represents.warrants and agrees d�at, . , .-�."
<br /> � except ae prevIously disclosed aad acta�w2edged ia writing: � . .:,,.. ;.:,�r'�-�"``
<br /> , • A. Afo.Ha7ardoua Substauce has beea.is.or wiU be tocated,uansPurtecl,manufactu�d.treated.re8ned,ar f�andled by �:.,:. , , —
<br /> . � � any person on,uader or ahnut tl�e property.except in the ordiaary wtuse of busiaess aad in saict compliance with �:� .';':. .:,�r:s�
<br /> . . all applicabte Eaviioamentat Law. ��.-`
<br /> . �. � �t B. Tnutat has not aad wll!not c�use.conaibute to�or peanit the release of aaq Haaardons Sr.bstance on the Property. ' � �...;�;
<br /> , .. t C. Trustor an'I1lrnmeG3ately notify B�efcIazy if(1)a release or threatened release of Hazardo�s Substauce oacats on. . ' .'���:
<br /> '. .� under or about the Property or migratea or tbreatens w migtate from neatby properry:or(2)these ia a vtolat�on of � ��_�
<br />- � � ,� � any Environnteutal Iaw wnceraiag the Praperty.Ia such an event,T�uswr wIll t�Ice all nec�r remediat act�on in -
<br /> . � ' ' accordaace witl�Enviroamental Law. '` . .
<br /> . .. . D. Truator has no knowtedge of or reason to believe tHere is any pending or threatened investigation. c2aim, or :.'��' �� �. . .
<br /> � � . � prareedlag of eny kind relating w tl)any Hazardous SubstanoTe�l.acate.d..tot�n,under or about�e Property;oir(2)anY . °' .�_`'_i_.
<br /> �'.. . � � . vlolation by T�ustor or any tenunt of any Environmental Law. iiYSIOI Wlll i111}rIPII;SMP�jI IIO�B�CISI�Ll�UDg . ��',�M••-
<br /> . . � � as soon as Trustor has reason W believe there is any such peaGing or threateaed imrestigation,claim,aa prnceedmg. : - .� ., .�-� ;u
<br /> � - � Ia such aa cwent.Bene�ciary has ths right.but aot the obligation,to partIcipate�a aay sucd�pmceeding including the . .. -
<br /> . � . � rigAt to tece�ve copies of any dacumenta relating to such proceedings. . .
<br /> � �. Trustor artd every tenant have been�are and�hall n�main in flill compliance with a�r applicable Envlroffmeatal Law. � . .
<br /> . � � � i�. 7tiete ate no undergrouad siorage tanke,private dumps or opea wella located on or under the Praperty aud no snch . : � ' �
<br /> . . , tunk.dump or we11�vill de addeA w�Iess Beneficlary first.canseats ia wridag. . . �
<br /> • (i. Tmstor wlll tegulatly inspect the Pcoperty.monitor the acdvities and operations on the Pmperty, and confirm that . �
<br /> . a11 permIts.licenses or approvals required by any applicable Envimnmental Law are obta�ned and complied wItb. ' . .� .
<br /> �� � . H. Trustor will permit. or cause any tenant to permit. Beneficiary or Benettciary's agent to entsr anG inspect the , .. .
<br /> ' Ptoperry attd review a11 records at any reasonabte time to dete�mine(1)the existence,locatton and nature of z¢y
<br /> • Hezardous Subswncc on. under or about the Property: (2)the e�cistence.2acatIon, aatare. and maguit�,de of�y . � .
<br /> � � HnuirQous Substance that hav been released on,und€r or about the Property;or(3)whether or not Tivstor and any , •
<br /> . � tenant are in compliaace aith applicable Envlronmental Law. � � .
<br /> 1. Upon Betteflcltuy's request and at any time, Trustor agrees. at Trustor's expense, to eugage a qualified _ '
<br /> . caviranmental engineer to prepare an euviroflmental audit of We Propeny aad to submit the results of such audit w . � ,
<br /> . • � , Beneficiary. Tt�e ct�oice of the envlronmeutal engineer who will perform such audit is subject to Beneficiary's � � �
<br /> . . opproval. ��
<br /> � 1. Be�tcflciary hos the rtght. but not the obligation, to perfoan aay of Tzustor's obl9gations under thia section ai .
<br /> . � Truswr's expens�.
<br /> � • . �_ K. A9 a consequence of any 6reac6 of any representatioa, warranry or promise made in this section. (1)Trustor will . .
<br /> inQemnifj+and hotd Beneficiary and Beneficiary's successors or assigns harniless from aad a�ai�nst all losses,claims. . - `
<br /> � � ,� .. ' dcmands. liabllitics, dnmages,cleanup, response and remediation wste.penaltIes aud expenses, lncludiag without � . '
<br /> � i timitntlun alt costs o!Iltigatfon nnd attomeys' fees.which BeneGciary and Benefic�ary's successors or assigns may
<br /> � , ^ sustnln; and fZ)m$eneficfary's discretIan. Beneficiary may release this Deed of Tn�st aad in retum Truswr will �
<br /> , . , pruviQc Qcneftciary �vith wllatetal of at least equal vafue to the Property secuted by this Deed of'Crust witltout ,
<br /> __ . • �re}�:dlte t�any of geneficiary's rights under this Ueed of Trust. , _'
<br /> ._'�_ ---- ' -4 S '_'�QOao�s ,.
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