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��14�3��5
<br /> DEED C]F TRLJST
<br /> [C�ntlnu�d} Page �
<br /> inter�sf �n and to all present and #uture leases of the Praperty and al� Ren�s fram #he Praperky. �n addi�ion, Trustor
<br /> � grants to Lender a Uni�rarm Cammercia� Code seeurity inter�st in the P��sana! Property and R�n�s.
<br /> TH15 DEED C]F TRUST, #NCLUDING THE A5S[GNMENT QF RENTS AN❑THE SECURITY 1{VTEREST IN THE RENTS AND
<br /> PERSONAL PR�PERTY, 15 �iVEN T� SECURE �A� PAYMENT OF THE INDEBTEDNESS AND �B� PERF�RMANCE QF
<br /> EACH nF TRUST�R'S AGREEIIAENTS AND �BLIGAT��NS LJNDER THE CREDIT A�REEMENT, THE RELATED
<br /> D4CUMENTS, AND TH15 DEED QF TRUST. THIS DEED 4F TRUST 15 �fVEN AND ACGEPTE❑ QN THE FflLL�1N�NC
<br /> TERt�S:
<br /> PAYMENT AND PERFORMANCE. Except as othet�wise provided in this ❑eed of Trust, Trus�o�shal! pay ta Lender al!
<br /> amoun#s secured by this�Deed v�F Trust as th�y become due, and shall stri�tly and in a timeiy manner pe�orm a�l o�
<br />� Trust��'s obliga#ions under the C�edit Agr�ement,this Deed❑f Trus�, and the Rela#ed Documents.
<br /> P�S5ESS14N AND MAINTENANCE �F THE PR�PERTY. Trustor agre�s that T�-ustor's possessian and use of th�
<br /> Praper�y shafl be go�erned by�he following pro�isians:
<br /> Possession and Use. LJnti� the occurrence of an Event of Defauit, Trustor may ('I} remain in possession and
<br /> cantro�of the Property; ��} use, operate or manage the Proper�y; and �3} coliect the Ren�s from the Property.
<br /> Duty to Maintain. Trustor shal[ mainfiain the Pr�perty in good condit�on and promptly pe�form ail repairs,
<br /> . rep[acemen�s, and main�enance n�cessary tv preserve its�a�us.
<br /> Compliance W�th En�ironmen�al Laws. T�-ustor �epresents and warran�s ta Lende�-that: ��} During #he period of
<br /> Trustor's ovvnership of�he Property, the�e has be�n na use, generafion, manufacture, s#orage, treatment,disposal,
<br /> _ release or�hreatened release of any Hazardaus Subs#ance by any person ❑n, under, �bout or from the Prope�ky;
<br /> �2} Trustor has no knowiedge of, or reas�n tv belie�e that there has been, except as pre�iously d�sclosed ta and
<br /> acknowled�ed by Lender in writing, �a} any breach or �io�ation o�F any En�ironmen�al Laws, �b} any use,
<br /> _ generat[on, manufac�ure, st�rage, trea#men�, disposal, release or�hrea�ened release of any Hazardous Substance
<br /> � on, under, about or from �he Prap�rty by any prior owners or occupants of �he Prape�#y, ar �c) any actual or
<br /> thr�atened [i�iga��fln or �iaims o�any kind by any p�rsvn �-�ia�ing �o such matters; and �3} Except as prev�ously
<br /> � disc[osed t�and acknowledged by Lender-in writing, �a} neither Trus�or nor any tenant, contractar, agent or other
<br /> autho�iz�d user of the Prope�ty shall use, generate, manu�acture, store, treat, dispos�of or re�ease any Hazardous
<br /> :. Subs�ance on, und�r, abouf or from�he Property; and �b� any such acti�ity sha11 be conduc�ed in compliance w�th
<br /> - all appli�able federa�, state, and Ioca( laws, regula�ians and ordinances, inc�ud�ng with�u� �imi�a�ian all
<br /> En�ironmental Laws, Trus�ar au�horizes L�nder and ifis agen�s to enter upon the Prope�ty to make such
<br /> inspe���ons and �ests, a� Trustar's expense, as Lender may deem appropria�e �a deterrnine compiiance of #he
<br /> Property with �his section af the Deed of Trust. Any inspec��ons ❑r f�sts made by Lender shall be fvr Lender's
<br /> pu�poses on�y and shafl na�be canstrued �o cr�ate any responsibiiity or liab��ity on the part v'�Lend�r tv Trust�r or
<br /> �o any ather person. The repres�n�a�ions and warranties con#ained herein are based on Trustvr`s due diligence in
<br /> in�es�iga�ing the Prope�ty for Hazardaus Subs�ances. Trusto�hereby �'#} releases and wai�es any fu�ure claims
<br /> agains� L�nder fo� ind�mnity or con�ribut�on in the e�ent Trustor becom�s fiable for cleanup or other c�s#s under
<br /> any such faws; and ��} agrees to ind�mnify, defend, and ho�d harmless Lender against any and all cla�ms, losses,
<br />. liabilities, damages� �P•C1�I�1�5r and exp�nses whi�h Lender may dir�ctly or indirec�ly sustain or suffer resulting from
<br /> a breach of this sec��on o�the fleed a�'Trust or as a consequence af any use, generation, manufacture, storage,
<br /> disposal, release or threatened �-e(ease oceur�ing prior to Trustor's own�rship or�n�erest in th� Prop��ty,whe�her or
<br /> no� the same was or shou�d ha�e been known to �'rustor. The pro�isions of this sec��an of the Deed of Trus�,
<br /> �ncluding the obliga�ion '�o indemni�y and defend, shal!sunri�e the paymen�of the Indebtedness and the sa#isfaction
<br /> and recon�eyance of the lien of this aeed af Trus�and sha[I not be affs�ted by Lender`s acquisi�ion af any interest
<br /> �n the Prvperty, whether by for�closure or othe�-wise.
<br /> Nu�sance, Waste. T�-us�or shall n�t cause, conduc� or perm�t any nuisance nor �ommit, permit, a� su�fer any
<br /> stripping v� or waste on or�o the Prvperty or any porkion flf the Prope�#y. Vlli�h�u� ��miting the generali�y of th�
<br /> foregoing, Trustor wi�l no� remo��, or grant�o any other party�he r�ght to remove, any�imber, minerals �inciuding
<br /> oii and gas}, coal, clay, sco�ia, so�l, gra�el or rock produc�s w��haut L�nder's privr wr��tten cansent. �
<br /> Rem�rral �f Impro�ements. Trus#or shall not demvi�sh or rema�e any lmpro��men�s�rom the Real Prope�ty without
<br /> � L�nder's prior writ�en cansent. As a�ondition to the remo�a� vf any �mpro�ements, Lender may require Trust�r to
<br /> make a�rangements satisfactvry �o Lender tv replace such Impro�em�nts with impro�ements of at least equa[
<br /> vaiu�.
<br /> Lender's Right to Ente�. Lender and Lender's agents and rept-esen�a#i�es may en#er upan the Real Property at al�
<br /> reasonable �imes to attend �o Lende�'s interesfs and to in�pec� the Reai Pr�perty for purposes of Trus�or's
<br /> compliance w�th the t�rms and condifiians af this �eed��Trust.
<br /> - �vmpliance with Go�ernmen#ai Requi�emen#s. Trustor shall pramptly comply with al� laws, ordinances, and
<br /> regulations, naw or her�after in �ffec�, o�a�l go�ernmen�al authorities applicable tv the use ar occupan�y of the
<br /> J
<br /> Prope�ty. Trustor may contest in good faith any such law, ordi�tan�e, or r�gu�a��on and withh�id compliance during
<br /> any proc�eding, including appropriat�; appea�s, so long as Trustor has r�at��ied Lende�- in writing prior �o daing sa
<br /> and s� long as, in L�nder's svie opinion, L�nder's interests in�he Praperty a�e not jeopardized. L�nder may require
<br /> Trustor to pos�adequate securi�y or a surety bond, r�asonably sa�isfactory to Lend�r,ta pro#ect Lender's�nteres#.
<br /> ❑uty tv Prvtec#. Trus�or agrees n�ither tfl abandon or lea�e unattended the Prape�ty. T�ustor shail do all vther _.
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