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<br /> (c) Trustor agroes that a rsceiver may be appointed to enable Beneficiary to enter upon
<br /> -'.�'r•� and inspoct the Tmst Property for the purpose°release�o nthreatened elease oftlanY
<br /> '� ``� nature and magnitude of any past or present
<br /> � hazardous substance into, onto, beneath or from the Trust Propsrty. Any costs
<br /> incurred by Beneficiary in obtaining the appointment of a receiver and performing �
<br /> _'�' � � the inspections, including reasonzible attarney fees, shall be paid by Trustor. If not _;�.;
<br /> . � paid within ten(10)days after such fees, costs and expenses become due and written �::=`
<br />'�_:�y�: demand for payment is made upon Trustor, such amount may, at Beneficiary's �'
<br /> ''��:, ' option, be added to the prin.cipol of tlie Note and shall bear interest at the Default =
<br /> t:
<br /> Rate(defined below). �-:
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<br /> j 4. Casualty LASS/Restoration Construction. Unless Beneficiary determines,pursuant "f�`
<br /> � `•, � in ara a h B.1., to apply the insurance proceeds to the reduction of the E;_
<br /> . ,� to the provisions p gr p �-
<br /> indebtedness, Trustor shall promptly commence and diligendy pursue to completion the repair, �.
<br /> �' �� �` restorarion and rebuilding of any portion of the Trust Properry that has been Partially damag�d or =
<br /> 'j destroyed in full compliance with all legal requirements and to the same condition� character and
<br /> � at least equal value and general utility as nearly as possible to that existing prior to such dama$e or
<br /> destrucrion. Truswr further agrees: to complete same in accordance with plans and specifieations
<br />_- � �� ;� saiisiactuiy ta�:,ncficiazy, LQ a�lo�'RPne_ficiary to inspect the Trust Property at all times duritng
<br /> � construcdon and to replace any work or materials unsatisfaceory to Beneficiary within fifteen(i�j
<br /> _ ," � . ' days after notice from Beneficiary of such fact. If said work upon the construction or restoration
<br />��,:���,�`• •.•• �f the building ox buildings shaU be discontinued for a period of fifteen(15)days,Beneficiary may,
<br /> ��:.�= � at its option, also enter into and upon the Trust Property and complete the construction or
<br /> �:-•,��-� �:�� '
<br /> =`;;;{;;;;�A � restoradon of said building or buildings. Trustor hereby gives to Beneficiary full authority an
<br /> - , � r power to make such entry and to enter into such contracts or arrangements as may be necessary to
<br />- ����; complete or restore said building or buildings and all monies expended by Beneficiary in connection
<br /> -' �•�• � with such compleaon or restoradon shall be added to the principal therstofore advanced under the
<br /> �.-,:�;':�i��* Note and secured bY these presents and shall be payable by Trustor on demand with interest at the
<br /> =��%=_ .* Default Rate.
<br /> :�,�:':::.r
<br /> _ � � `:�H Trustee, upon presentation to it of an affidavit signed by Beneficiary setting forth facts _
<br /> - _� - shuwing a de�aii by Trust�r undcr tbis m�me and conc urs ve all facts and statements there nf and
<br /> . ... + Deed uf Trust, is authorized to accept as tru
<br /> � `� to act thereon hereunder.
<br /> ,�:.��J:
<br /> _ -,,,,,,..:-
<br /> _ ' , • � 5. Insurance. -.
<br /> � �a� pr�nernr �nd OLer Tnci� nce. Trustor shall obtain and maintain in full force and _
<br /> '`� effect during the term of this Deed of Trust such insurance as Beneficiary may _
<br /> °` reasonably require from time to time specify by notice to Trustor,including,without r
<br />. � limitation, insurance providing (i) protection against fire, extended coverage and
<br /> other all risk perils, including earthquake (if required by Beneficiary) and flood
<br /> Dad of Trust.Aasignmen[of Rertts.Securfty Agament and Fixture k'iling(NB-9/9'n
<br /> PAGE G
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