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<br /> "Proceede'�In ax►nectlon wRh condsmnatlon or WNar teklrW of the PropeRy or put thereol,or tor convb�r�frf��dbn�R►nntion.
<br /> Lsrxkr�N b��ntNNd�t fts oplion to oommona�apPeu In arod pros�cute In ib own neme any actbn or proceedn��eux7 sMW�I�o
<br /> b��ntNl�d l�m�ke any compromUe or�etdement In connectiun with such taklnfl or damege,In the ovent any poAbn o��P��
<br /> eo taKen pr damap�d, L�ndsr�hell h�vs th�opHun In Ite aols an�l +ibsolute dl�cretbn,to epply AH such proca�ds
<br /> drsrNrom W cot�u�d�xpsnwt Incurrsd 6y it In cor►nectlon with wch ProcMde�uP��ny Indebtedness eecu�b hereby and In such
<br /> ordsr aa Lerxler may datertnlns,or to�pply�!I wc��Proceed��eRer auch de�fucMons,to the restoretwn o1 the Properiy upon euch oon•
<br /> �tio�r�a I..snder rrwy cytermlrn.A�y appWcadon d Froceed�10 Indebtedness shall nat extend or poatpone the due date of eny pay
<br /> ments urM�r 1M Not��or curs any del�uH tl�rou�der or herounder,A�y unuppN�d funcls ehsll be pald to Truetor.
<br /> g Pe�}p�a�by l.sndsr, Upon the occurrence ot an Event of De}ault hereunder,or It eny act Is taicen or bgel proceeding
<br /> comn►encad wh�h muterl�Ayr eflscts I.eMiers Inters�t in the Properly.Lender mey in ita own diacreCan,but witi-aut W�lpatlo�to do so,
<br /> and without notioe to or demand upon Truttor and withaut relsesing 'Lruetor from any oblipedion,d4 any act whkh Tnator has syrsed
<br /> but failed to do and may elso do any other ect it dsems necessary to protect the secudty hereof. Trustor sh�N, immedlatelyr upon
<br /> demand thereior by Lender,pay to Lender all ooats and expeneea Incurred and suma expended by Lender in connac.�tbn wiih the exer-
<br /> dae by l.erxlar ot the foreyolr►y riphte,together with Interest thereon at the defeuft rate provided In the Note, wh�h shall be edded to _
<br /> tho indebtedness secured hereby.LenUer ehall not Incur eny Ilability because ot enything it may do or omit to do hereurxier.
<br /> 9. H�udoua�Hsls.Truslor ehall keep the Property�n canP�ianca W�th all applicable laws,ordinencea and regulatbna
<br /> reladny ta Industrial hypiene or environmental protection(cdlectively refeRed to hereln as"Environmontal Lavv�'). Trustor shall keep
<br /> es"Hazar bus Mate�s�Truetonr herby wrrante and eP esents�to Lender that�there are no Hazardoua Mataia�on�or u�xler the
<br /> PropeRy.Tn�stor hereby agrees to indemni(y snd hold her►r►less Lender,its direct�rs,officers,employeea end agents,end eny suoces•
<br /> sore to Lendere Intsreat,fr�omny�i�nets�ai�Ig'lo�r�aunde�afrom o�'ab ut the P'rq�rtYeTHE FOHEa01N(a WARRANTIE5 AND
<br /> use�dioposel or traneport
<br /> REPRESENTA710NS, AND TRUSTOR'S OBLIGATIONS PURBUANT TO THE FOREGOING INDEMNITY, SHALL SURVIVE
<br /> RECONVEYANCE OF THIS DEED OF TRUST.
<br /> 1p,/►s�lgnm�ntt of Mnt�.Truotor Mreby esalpna to Lender,and�rants Lender a securfiy Intereet in,eN preeent,tuturA arxl
<br /> aRer adslnp rent�,leauee and proflts ol the Property:prov�dad that Troetor shail,unUl the oocurrence of en Evsnld DH�►uM,h�nurxM►,
<br /> havs the rtyht to cdlect�nd retain such ronts,Iasw�and protiU ns tt�ey b�car►e due end Payabte,Upon the occurrencs d an Hvenl d
<br /> Dsfs�B,Lsr�Mr rr►�y,sfthsr In p�rsai or by spent,wlth ot wHhout b�inpinp eny ection o►procssdirW�or by a noeiwr a�ok�t�d by�
<br /> oourt and without tpard to th��dsqwcy of R�waiity��nl�r upon�nd taks po�ses�lon ol ths Property,or�ny p�R tlw►yol�in It� �
<br /> rwrt�or In 1M nam�of tM TrutlM,and do�ny�ch whlCh it desmr r►�as�uy or dulnbl�to pr�rw ttw r�w�rtuukN�blNty
<br /> nnt�WNty o1 M►�Prop�Ay,ar any pad ttM►wf a Inl�rnt d�nln,or to Incr�a�e Ihe Inoan�t tMrNrom ar proleat tlM Ncu�ilY h�naf a�d,
<br /> wilh or without ieklnq pou�ulon of ths Prop�rry,w�for or olh�rwls�cdl�ct riw rsnN,I�ua u�d prdiu thsnd,i�xNrq thow Prt
<br /> du�and unp�d�bY notNYkW ten�nt�to m�k�payrrNnu to L�r.L�nder may oPPh�rents�I�w��nd prdRs�N�s oa�b�rW�xp�►�.
<br /> N ol opor�don and ooNsctlon�i��K��of tlu ProperlY,th��colkcMfon ofrwcF�re�nb��seue �� nd pnofib��f ap��
<br /> mkis.The snterinq upon
<br /> a�snoi.s wiore:+w+��a�i�wi c�ra ar::w:��.n;�t���!!ni��.�of delauR herounder or Invalidate eny ect dar in rosPo�NOOiieciion,
<br /> de}sult or pursuant to auch �otica of delauR and, nolwithstanding the continuance In poasession cf the prap�rtY for In sn of ths
<br /> rece�pt end spplicAtbn of ronu,Issues vr proNts,Tniatee end Lsncier ehell be enUded to exerclae every rlqht povkled Y
<br /> Loan Instn�msnte or by Isw upon occunenr.e ot any Event of Default,Inc�udinp without Iimitation the ri9ht to exerdse ths Powsr of eab.
<br /> Further,Lendsrs dphts and rsmedle�under this parayraph shall be cumulative with,and In no way a Iimitallon on. Lendera rlqMs ancl
<br /> remedies undar eny eselpr.ment of Neiae�end rents recorded agaMst the Property.Lender,Trustae and the receivsr sheU ba Neble t°
<br /> aocount only for tiw�e rents actualiy recefved.
<br /> �� E�o}p�uH,The ldlpyvkp shall ax►stltute an Event of Default under this Deed of Trust:
<br /> (a)Failure to pay rny InaWlment of principel or Interest of any other sum aecurad hereby when due�
<br /> (b)A breach of or default under any provisbn contelned in the Note,this Deed of Trust,sny oi d� Loen Instruments�or enY
<br /> other Ilen or encumbrence upon ths ProPertY�
<br /> (c)A writ ot execuUon or attechment or any slmilar procese shall be entered agalnst Trustor which ehall become e�len on
<br /> the pmperty or any portion lhereof or Interest therein;
<br /> (d)There shall be filed by or eyainst Trustor or Borrower en action under any pr9sent or(uture federd,state or other atatute,
<br /> law or rogulation reladn9 to bankruptcy,Insolvency or other reliaf for debtore;or there shall be appolnted eny tnistee,recelver or
<br /> Ifquldator of Tn�stor or Borrower a of all or any part of the Properly,or the rents,Issues or profits thered,o�Trustor or Borrowsr
<br /> shell make any peneral assiynment for tho benetit o`creditors;
<br /> (e)The sale,transfer, {ease,asslgnrnent, conveyance or turther encumbrence ot ail or any part d or eny Interost in the
<br /> property,efther volunterily a fnvolunteri�t�$u�the�en�`n en opdon to npun:hese and the term�ot whkh�dues not exceed one
<br /> ted to dxecute a laase of the Property
<br /> year,
<br /> - (Q qbarxlonment of tha Properly;or
<br /> (p)If TNStur is not an Irdivklual,the Issuance,sale,transfer,essignment,co�veyance or encurT�brance of more�than(M a
<br /> corporetion)a total oi percent ot its Issued a�d outstanding stxk,or(N a partnership)e totel of pe��
<br /> cent ot partnership Interests,or pt a Iimited ifabllfty company)a total ot percent of the limked IlaWlfty compa-
<br /> ny interests or voting rights durtnp tt�e period th�s Deed ot Trust remalns e Ilen on the properiy,
<br /> 12,pNn�di�a;Acc�Nntion Upon DN�ult.In the event of eny Event oi Qefault Lender may,without iaUUce except as requlred
<br /> - by law,declare all Ir►debtedr►esa seCUred hereby to be due and payeble and the seme shall thereupon beoome due and Payeble with-
<br /> � out any preaentment,demand,protest or notice of any kind.Thereafter Lender may:
<br /> (a)pemand that Trustee exercise the POWER OF SALE pranted hereln,and Trustee shall thereaAer cause Trustor's intsr-
<br /> est in the Property to be sotd anu the procoeds to be distributed,ell in the mnnner provided In the N�breslca Trust Geeds Act;
<br /> (b) Exercise any and all rights providod for In any of the Luan Instruments or by law upon occurrence of any Event of
<br /> . DefauR;and int a roceiver,or s �call antorce an ot the
<br /> � (c)Commence ar.action to loreclose this Deed of Trust as a morl9age,epPo � Y y
<br /> cnvena�ts hereof.
<br />—� No remedy hereln conterred upon or reserved to Trus!ee or Lender Is Intended to be exclusive o}any other remedy he����t�►e�r,
<br />=j Instruments or by law provided or permitted,but ear,h shall be cumulative,shall be in additbn to every othc�r remedy g
<br /> 'y fn the Loan Instruments or now or hereatter exlsting at law or In equiry or by statute,and may be exerclsed concurre�ttY��ndePendentlY
<br />*_i or succes'.vely. �„�i........tu...�,►neiico antl Lande�f11HV Al 9IlY t{t11B fifltl WIff10Ut CBUSA B�OIflI 6 BuC�
<br /> e 13.TRIftN.I ne i rusiars inn"y;i'voiyi�P4 Pn�����...........�. -----•—._-- -
<br /> = cessor or subatitute Tru�tee,Tnustee�shall not be Ilable to sny party�including without Ilmitatbn Lender,E3orrower,Trustor or any par-
<br /> ' chaser of the Property,for eny loss or damage unlass d�e to reckless or wilHul misconduct,end�hall not ba required to teke any action
<br /> In connectlon wfth the enforcement of this Deed of Trust unless indemnffied,In writing,(or all costs,compensation or expenses which
<br /> may be associated therowith.In additbn,Trustee may become a purchaser at any sale of the Property(Judiaal or urxier the power of
<br />� , sale grented hereln);postpone the salo of all or any portion of the Property,as provided by law;or sell the Property as a whole,or In
<br /> separate parcels or lots at Trust�e's discretion.
<br /> 14.F�ss end Expan�s.In tl�e event Trustee sells the P�operty by exercise of poNer of sale,Trustee shall be entftled to epply
<br /> any sale proceeds first to paymenl of all costs and expenses of exercising power of sale,Including all Trustee's fees,and Len�er's and
<br /> Trustee's attomey's tees, ectually incurred to extent permitted by appllcable law.In the event Borrower oc Tmstor exercfses any right
<br /> provided by law to cure an Event ol l7efault,Lender shall be entitled to recover trom Trustor ell costs and expenses actually Incurred as
<br /> ,a result of Trustor's detault,including withaut Ilmitatlon all Trustee's and�ttomey's foes,to the extent permitted by eppl�able law.
<br /> ; ,15. Futuro Advances. Upon request of Borrower, Lander may,at ite option,make additional and lulure acNances and read-
<br /> vances to Borrowar.Such advances and readvances,with interest thereon,shall be secured by this Deed otTrust.Ai no time shall the
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