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<br /> At the option ot L.ender,all or nny p�+rt of the ngrccd fces end chargcs,accrucd interest imd principal shnll bccome
<br /> immcdletely due and payahle,after giving notice if rcquired by law,u{xm the occurrence of a deinult or anytime
<br /> thercafter,Jn nddition,L.endcr shall be entitled to all thc remedics provided by law,the tcrms of the Securcd Debt,
<br /> tNis Security Instrument and any r�;latCCi d�x:ume��ts,ir►cluding without limitation,thc powcr to scll thc ProEx:rty. �
<br /> If there is a dctault,Trustec shall, in c+ddi►ion ta any oth�r permitted rem�dy, nt thc rcqucst of the I.ender,
<br /> advertise and sell the Property ns a whole or in separnte parccls�t public auction�to the highest bidder for ensh
<br /> and convey absolute titic frcc nnd cicer of all right,titic ��nd intcrest of Grantor at such timc and placc :�s
<br /> Trustee design�tes.Trustee shsll givc natice of sale including tho timc,terms and placc of sule nnd a description
<br /> of the property to be sotd as required by the np�licable law in eifect�t the time of the proposed sale.
<br /> Upon selc of the pmperly and to thc extent not prohibitcd hy law,Trustcc shall makc f�nd deliver a de�d to the
<br /> Property sold which conveys absolute title to tl�e purchaser, and after first paying all fees,chur�es and costs,
<br /> shall pay to Lender all moneys advanced for rcpairs, tnxes, insurance, licns, nssessmcnts and prior
<br /> encumbranccs and intcrest thcrcon,and thc principal and in�crest on thc Sccurcd Dcbt,paying thc surplus, if
<br /> any,ta Grantor.Lender may purchase the Proper�y. The r�citals in any deed of convcyance shall be prima tacie
<br /> evidence of the facts set forth therein.
<br /> All remedies are distinct,cumulative and not exclusive,and the Lender is entitled to all remedies provided at law or
<br /> equity,whether or not expressly set forth,The accep�ance by Lender of sny sum in payment or pareidl payment on the
<br /> Secured Debt after the balance is due or is accelerated or nfter foreclosure p:oceedings are filed shall not constitute a
<br /> waiver of I.ender's right to require complete cure ot any existing default.By not exercising any remedy on Grantar's
<br /> default,Lencter dc�es not waive Lender's right ro laterconsidcr the event a default if it continues ur happcns again.
<br /> 16.EXPENSES;ADVANCES ON COVENAN'CS;ATfO�tNEYS'FEES;COLI,ECf10N COSTS.Except when
<br />- prohibited by law,Grantor agrees to pay all of Lendcr's expenses if Grantor brcaches any covcnant in this
<br /> 5ecurity Instrument.Grantor will nlso pay on demand any amount incurred by Lender for insuring,inspecting,
<br /> preserving or otherwise protecting the Property pnd Lender's security interest.These expenses will bear interest
<br /> from the date of the payment until paid in tull atthe highest interest rate in effect as providcd in the terms of
<br /> the Secured Debt.Grantor agrees to pay all cosis and expenses incurred by L.ender in collecting,enforcing or
<br /> protecting Lcnder's rights and remedies under this Security Iastrument. This amnunt mny include,but is not
<br />- limited to, attorneys'fces,caurt costs,and r�ther IegAl expenses.This Security Instrument shall remain in effect
<br /> until teleased.Grantor agrees to pay ior any recordatiun cu5t5 uf such retcas;,.
<br /> 17.ENVIRONMiENTAL LAWS AND HAZARDOUS SUBSTANGES. As used in this section, (1)
<br /> Environmental Law means,without limitation,the Comprchensive Environmental Response,Co�npersation
<br /> - and Liability Act (CERCC.A,42 U.S.C. 96G1 et seqJ, and all other fcderal, state and local laws, regulations,
<br /> ordinances,court orders,attorney general opinions or interpretive letters concerning the public health,safety,
<br /> wclfare,environment or a hazardous substance;and(2) Hazardous Substance means any toxic,radioactive or
<br /> hazardous material, waste, pollutant or contaminant which has characteristics which render the substance
<br /> dangerous or potentially dangerous to the public health, safety,welfare or envir�nment.The term includes,
<br /> without lirnitation,any substances defined as "hazardous material," "taxic substanc..s," "hazardous waste" or
<br /> "hazardous substance"under any Environmcntal Law.
<br /> Grantor represents,wanants and agrces that:
<br /> A. Except as previously disclosed and acknowledged in writing to Ixnder,no Hezardous Substance is or will bc
<br /> located,stored or releuscd on or in the Property.'This restriction does not apply to small quantities of Hazardous
<br /> Substances that are generally recognvcd to bc appropriatc for the nornial usc and maintenance of the Property.
<br /> B. Except as previously discloscd and acknowl�dged in writing to Lender, Grantor and cvery tenant have
<br /> been.are,and shall remain in full compliance with any applicable Environmental Law.
<br /> C. Grantor shall immediately notity Lender if �release or threutened relcasc of a Hazardous Substance
<br /> - occurs on, under or about thc Property or thcrc is a violation of any Environmcntal Law concerning thc
<br /> Property, In such an evcnt, Grantor shall take all necessary remedial action in accorr.iance with any
<br /> Environmental Law.
<br /> I). Grantor shall immediately notity Lender in writing as soon as Grantor has rcason to believe there is any
<br /> _ pending or threatcned investigat�on, clai�n,or proceeding rclating to the release or thrcatencd release of
<br /> any I-ia�ardous Substance or the violation of any Environmental law.
<br /> � (IrwNn�a ol Grarnw)
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