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��14��113
<br /> DEED �F T�L�ST
<br /> Loan No: ��'I�75'N�5 ���]t7tinu�d� Page �
<br /> DEED�F TRUST 15 GIVEN AND ACCEPTED�N THE FaLL�V11�N�TERNIS:
<br /> TRUSTDR'S REPRESENTAT[ON5 AND WARRANTIES. Trust�r warrants �hat: �ay this De�d of Trust is executed at
<br /> Borrower's request and no� at the request ❑f Lender; ��� Trust�r has �he fu�l pawer, right, and aufhori�y �o enter in�o
<br /> th�s aeed of Trust and t� hypothecate the Praperty; �c} the proWisions �f this De�d �f Trust d� nat canfli�t with, ar
<br /> result in a defaul� under any agreement ❑r �ther instrument binding upon Trustor and do nat result in a violation vf any
<br /> law, regulation. c�urt decree or order applicable t� Trustor; {d� Trust�r has estabfish�d adequate means �f ��taining
<br /> from Borr�wer on a continuing basis informafiion abou# Qvrrower's financ'tal condition; and {ey Lender has ma�e no
<br /> representation�o Trustor abou�Borr�wer �in�ludin� w�thout limi�ation th� �reditvuar�hiness of Borrawer},
<br /> TRUST�R'S WAtVERS. Trus�ar waiv�s alI rights or defenses arisin� by reason a�any "one action" or "anti-d�ficiency"
<br /> law, vr any �ther law which may pre�ent Lender fr�m bring�n� any aGtian against Trustor, includin� a claim f�r
<br /> deficiency ta the ext�n�k Lender is o�herwise entifi�ed to a claim for de�Ficiency, befor� �r after Lender's commencement
<br /> ar�ompletion of any�orecl�sure action� either judicia�ly or by exercise of a power o�saie.
<br /> PAYIIflENT AND PERF�RMANGE. Excep�as vtherwise prvvided in this D�ed of Trusr. Borrvwer shall pay to Lender al!
<br /> Indebtedness secured by this Deed ,�fi Trust as it becames due� and Barra►rver and Trustvr ,hal� per�form all the�r
<br /> respective obligations under the Nate. this Deed ❑f Trus�, and the Related Docurnen�s.
<br /> P�S5E5SI�N AND MAINTENANCE �F THE PFiQPERTV. gorrower and Trustor agree that 6arrower's and Trustor's
<br /> passession and use of th� Property shall be go�erned by the foflawing pra�isi�ns:
<br /> Possession and Use. Un�iE th� �c�urrence af an Event of Default, Trustor may ��y remain in possessian and
<br /> contro�of the Pr�p�rty; 4�} use, operate or mana�e�he Property; and {3} �ollec��he Rents from the Proper�y.
<br /> Du�y �o Niainta�n, Trustvr shal[ main�ain the Prope��y in �enantable �onditifln and pr�mptly p�rfivrm a�[ repairs,
<br /> replacernen�s. and maintenance n�cessary tv preser�e ifs�alue.
<br /> Compliance Wi�h Env�rvnmentai Laws, Trus��r reprssents and warrants t❑ Lender that: �1} During �he peri�d of
<br /> Trustor's ownership of�he Praperty, �here has been na use, generation, manufacture, s�orage, treafinent, dispvsalf
<br /> rel�ase or threa�ened r�lease of any Hazardous 5u�stance by any person vn, under. abaut �r from fihe Property;
<br /> 42� Trust�r has no kn�wledge a�� or reasan to belie�e that th�re has been, ex��pt as previously disclvsed ta and
<br /> acknowledged by Lender in �riting, �a} any breach or �io[at�an of any En�iranmenta� Laws, �b� any use,
<br /> g�neration, manufac�ure, starage, treatment, disposal, release vr threafiened release af any Hazardous Substance
<br /> on, under, about or from the Praper�y by any prior ❑wners or ❑ccupants of �he Prap�rty, or {c� any actual �r
<br /> threatened li�igation or claims af any kind by any person r�lating �o such matters; and �3} Except as pre��ously
<br /> disclvsed to and a�knawledged by Lender in wri�ing� �a� nei�her Trus�vr nor any�enant, c�ntractor, agent or other
<br /> au�hori�ed user of the Pr4perty shal[ use, generate, manufacture, store, treat, dispose of�r release any Ha�ardous
<br /> 5u�stance�n, und�r, abvut or from the Property; and �bf any such activity shall be conduct�d in compliancs v►rith
<br /> al! applicab[e fe�eral, sta�e� and Iocal laws, regula�ions and ordinances, including without limi�atian all
<br /> EnWironmental Laws. Trustar authorizes L�nder and its agen�s to �nter upvn the Prvperty to make such
<br /> inspectivns and tests, at Trustor's expense. as Len�er may deem appropriate to determine compliance vf the
<br /> Property vuith this secfiifln v� the De�d af Trust. Any inspectians ar tests made �y Lender shall be for L�nder's
<br /> purposes only and shal[ not be cons�rued to crea'te any respons�bilify or iiability on fihe part of Lend�r �� Trustor ar
<br /> to any�ther person. The representa�ions an� warranties contained herein are bas�d an Trust�r's �ue di�igen�e in
<br /> in�estigafing the Prap�rty fo�° Hazard�us 5ubstances. Trustor hereby t�f releases and vvai�es any future claims
<br /> against Lender f�r indemnity or �ontribution in �he event Trustor becomes fiable for cleanup or other �vsts under
<br /> any such iaws; and {2} agre�s tv indemnify, defen�, and hold harml�ss Lender against any and a!I cla�ms, losses�
<br /> liabiii�ies, damages, penalties, and expenses which Lend�r may dire��fy flr indirectly sustain�r suffer resulting from
<br /> a breach af this section ot the ❑eed o� Trus� or as a consequence vf any use. genera�ion. manufacture� storage,
<br /> disposal, release or threatened refease accurring priar tv Trustor's ownership or interest in the Proper#y, wheth�r ar
<br /> nat the same was vr sh�uEd ha�e been kntiwn to Trustor. Th� pro�isions af �his sec��on o� the Deed of Trust.
<br /> including the�bliga�ion tv indemn�fy and defen�, shall survi�e the paymen��f th� [nd�btedness and the satisfactian
<br /> and r�con�eyance of the lien ❑f�his Deed vf Trust and shall not be affected by Lender's acquisition of any interest
<br /> in the Prop�rty, wh�ther by forec[osure vr otherwise.
<br /> Nuisance. Wast�. Trustar shall nnt cause, conduct or p�rmi� any nuisance nor �ommit, permit, vr suffer any
<br /> stripping af vr wasfie �n �r �o the Prvp�rty or any portion �f the Property, VIli�hout [imiting the generality ��f the
<br /> fiar�going� Trustor►nri11 not r�ma�e, �r grant�� any o�her parfy the right�o remaWe� any�imber, minerals {includin�
<br /> oil and gas}, coal� clay,scoria, sa��, gravel�r rock prvducts wi�hou�Lender's prior writ�en consent.
<br /> Remova�vf lmpro�ements. TrustQr shall not demo[ish or rema�e any Impr�vements fr�m the Real Pr�perty wi�hout
<br /> Lender's prior written consent. As a condifiion ta the rernoval of any Impra�ements, Lender may require Trustor�o
<br /> mak.e arrangemen�s sat�s�actory �o Lender ta replace such Improvements with Irnprovements of at least equal
<br /> va�ue.
<br /> Lender's Right to Enter. Lender and Lender's agents and r�presentati�es may enter upon the Real Property at all
<br /> reasonable times �o a�tend to Lendsr's int�rests and to inspec� the Real Prvper�y fvr purpos�s of Trust��'s
<br /> camplian�s with�he terms and condi�ians of this Deed of Trust.
<br /> CampEiance with Governmen�al Re�uiremen�s. Trustvr shall promptly comply wi�h all iaws, ordinances, and
<br /> regulafiians, now nr hereafter in effect, o� all governmental auth�rities applicab�e �o the use or occupancy v� the
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