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<br /> --- ��`_f``�:.: the Progertp in violatica of anp lax. osdiaaace, or rega ation; �`�` y
<br /> `'.' �.��>' and shall pag an8 PYamPtIY discharge at �orrower s cost and `,. :
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<br /> ;��'.�:z espe�se a2I iiens: eacumbrances and charges Ievied, i.mposed or .;�;;:,,
<br /> ::° assessed against the Propertp or aay part tYiereof. `:'��.;p
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<br /> � ."�-- C, E�ninent D�maia. Lender is hereby assiqned a12 �-�__
<br /> �. " �� ccmpensatioA. a�ards. dasaaqes aad other gayments or relief __� ..
<br /> r �t ��ereinafter °Procee3s°) in connection �i.th conde�ation or other
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<br /> L : Y� ta�,iaq of the Prope.rtY or E:art �hereof, or for convepance in iien .;4�`;.
<br /> ��;.;�;.� �� of condemnation. Leuder sha12 be entitled. at its option, to =� � �`:
<br /> :.,�° ,.� ;;..�;:`�:` ca�snce. aPPear in and prosecnte in its os�u na�e aay actioa or ���:n4E,.
<br /> ..- � �:, prviceediags, aa� sha].1 also be entitled to �ake any compromise ar �
<br /> - ``�`�� sett3e�ent ia connection �th sach taTcinq or damage. In the ��s _
<br /> � ;� `� eveat any por�ioa of the Property �s so taken ar damaqed. Lender :
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<br /> sba11 have- the optioa. iu its sole aad absolnte discretion, to
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<br /> �<` -� . :" apply a11 snch Pzoceeds. after deducting Lheregra� all costs and ;,;`.,`
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<br /> =:_Y� esQce�ses incarred bY it in conaection iai.tta such Proceeds, npon
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<br /> . .:;,: hereb and ia such order as Leader may "`':�':
<br />. - _ _ - : a�ay iadebtedness secured Y _. :
<br /> '= - ;'' detesmine. or to a�sP1Y �1.� such Pro�eeds, after sltdt dedactions, °.�=�E:��
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<br /> ����� : . ��_: to the restoration of the proPertY nPon suc� coaditiQns as Leader ::.�-��,;_�
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<br /> .` may determiae. 'Anp application of Proceeds to indebtedaes�s shaU. �� � �.
<br /> `: �� r not extena or postpane the dne date of any paymeats ander the �fi
<br /> ,y.�-:„�T..._� � e aay defanit �therenadez or herewader. �
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<br /> - -�''�.,: 7. Performaace by Leuder. In tfle event of Borros�ver's : r _.
<br /> � failnre �a� pes-for,� a� af Y1te cov�nants herein ar make anY PaY- �
<br /> -�=5=------ � a�nts rec�ueared herebp. or if any act is talcen or legal preceedsnq ��.�•.:
<br /> - �.'�.�,�`� �ced which materially affects Lender's interest in the ��._
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<br /> ` � =� �� �aP�Y. yendes may ia its owA discretion, � �i.t2�ut oblfga- t �r
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<br /> ���? tiou to do s�o, aad without natice to or d�and apan Horrower• a�d "�=-
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<br /> ��;:`a �:�.'��:�:;� � witiaQnt releasing Borrawer fram anp abliqation, do auy act w�ich =_-
<br /> - . - the Barrowes has agteecl bitt fails to do aaa mag also�do any other =____
<br /> act it deems nec�ssazy to piotect �he secarity hereof. Borro�ser — _..
<br /> � ,w.F; shallE ivaaed�ately upaa demaad therefor by bender, PaY to Lender � .
<br /> ";`::':'. �'� a11 costs and e�penses iucusred and soms eaPeitded by I.e�der in . .
<br /> _"4_".7'.�. " .
<br /> - _ .. -_�� �?�; " conn,ection with #he exexc.ise by �ender of �he foregoing riqhts,
<br /> �;�:�:,:�::;:,';'��:, tcgether with iutesest tIIereon at tfle default rate prov3.def# in .
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<br /> -�'�=�:`.:��:-'�; , the Note, wbich. shall be added ta the"�e�tectaess secured�
<br /> .,,;`'�:�;.,';:;�:�,; � h�rebY. Leuder shall not iacwe aay liabilitp b�canse of anpthin9
<br /> it may do oz omit t� do herennder: , . .
<br /> �'r���'�r'� - ' 8. Sazasdavs Materials. Honower .shall keep the � .
<br /> _ �y_,.:_��.�� � psaperty ia. compl ance th aap and all federal• state and lo�al :
<br /> � 1aws, ord�nances ana reqolat.�ons relat,imq to fadas#xfal h�9iene .
<br /> . ..��P ` os to envfsoamenta2 caitditions_ o�t. vnder or� about the .Property,
<br /> �' � � �kClud3nq� btlt not limited to� soi! aAd g�CODUtdooates COh��,tfOris.. , _
<br /> `�'��-''���T:° � Tsastor shall not nse,. geaerate, manufactnre, sto�te or dispose af � °--.
<br /> °�- �' .t on. nnder or abont the PsopertY or traasport to pr fram .the �.
<br /> �."<.�.-:,_iA:���,":`.. Psopertp any flam�able espioaives, raWinactive awterials. hazasdous .
<br /> .K""`. ��� � �wastes, loaic substaaces �os related maler£als. inclu8ing. w3.thout
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<br /> �-� '-r;"�°� 1i�3,tafifon, any substaaces defined as or incluaec� in tLe defini-
<br /> --�.� '°�` ::::'�.� tioA ctf °hazazdons snbstances°. °hazas8ons wastes°. °ha�ardons '
<br /> ., �:.,,e:;
<br /> - �aterials" ox "tou�c_ substaac�s" uadez any applicable lao�s,
<br /> � ., ':,.r� or8iaaacee or regulattons Icolleatively refersed to hereinafter
<br /> .:•=,,','...,•�.•�` • � �as °8az�cdous_Materials°) . 8orrawer hese.]by w�rrants and repre-
<br /> •�. seats to Lender that there are no Hasardous Materials on or under
<br /> �.. � ::'�4 the Pzoperty. Borrower hereby agrees to indems�3fy and hold --
<br /> ," �°� 1�armles$ Lender. its��isectors, officere. employees an8 agents. �--=_
<br /> �' ' •- ' �:: . aa� any $uaces�o�s to Y.ender's.laterest, £sam �nd aqaina� any a�id �.-:
<br /> :.F-:'-.�'; .::�. �,��:.. . aIt claims� damaqes ana Iiabilitiies arising ia connect�on aoiLh . ___-
<br /> '"�` �' ttte presence, ase. atoraqe, disgosal or t�canspart.of any Hazardous --
<br /> �:-� b��::� 1�ateri�is on, va8ez, from or abont the Propertp, iacludinqe ��� _
<br /> �� � '`� � out 2imitatfon, t�) all �amaqes �irectly or inc73rectl�► arisfaq -.
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<br /> - � _ � aut of the use, qeneratioA, storage ar dieposal of Hazardona �xT- .
<br /> ' ' �-� Materials by Horrower or any prior awner .or bpesator of the � _:
<br /> ; ,,.,t;_ ,..,�..:;��"; Brop�rty. ari� tb) a12 coste o! at�p reguired or necesaery repair,
<br /> �:. , � '�� cleanup or �etoxificalion an8 the psepa�;ation of any c losure or ��
<br /> �' T �" othez reqnire8 pians, whetlter suah a�tioa is requirea or neces- ��.
<br /> _ -`'5` sary .prior to or fo2loF�inq tranafez of title to the psoperty. to �' :'.
<br /> � � ' �� � the full extant that sucb action is atlx�bntable, directly or � ;�.,�'
<br /> �::,�;. -..,:._�,
<br /> indirectly, to the presence or use, generation, atoraqe, release� �;.��.
<br /> - -`.'��'t' �:�,;�. threatened selease or diapasal of Haaarclous Materials by any
<br /> � �.�������� person on the Properly prior to tsansger of title theseto by �
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