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��14�4194
<br /> vEE� �F T�u�T
<br /> L�an Nv: 'I�'i 27��59 ���nt�nu�d} Page 2
<br /> DEED�F TRUST' IS G1VEN AND A��EPTED DN THE FOLLD�IV[NG TERMS:
<br /> PAYII1lElUT ANI] PERF�RIVIANCE. Except as o�herwis� pro�ided in this Deed of Trust, Trustor shal� pay tv Lender aif
<br /> amounts secured �y this_.Deed af Trust as they becom� due, and shall strictly and in a �imely mann�r per��rm a[I of
<br /> Trust��`s obiiga�ians und�r�he Not�, fihis ❑eed of Trus�, and�he Ftelat�d �acuments. _
<br /> P�SSES5I�IV AND �I�IA�NTENANCE �F THE PR�PERTY. Trus�or agrees �hat Trus�or's possession and use of th�
<br /> Property shall bs governed by�h�follawing provisi�ns:
<br /> Pvssessian and Use. Llntil the occurrence of an E�en�r af ❑e�ault, Trus�or may ��� remain in possessiQn and
<br /> cvn�ral a�the Property; �2� use, operate or mana��the Property; and �3} collect�he Ren�s fr�m the Property.
<br /> Duty to fVlainta�no Trus�ar shall ma�n�ain the Property in t�nan�able conditifln and promptly per�orm all repairs,
<br /> replacements, and maintsnance necessary�a preserve its value.
<br /> �ampliance With Env�ronmenta[ Laws. Trustor r�pres�nts and warrants to Lender that: ��� auring the period of
<br /> Trustor's awn��ship af the Prop�rty. �here has been na use, �enera�ion, manufacture, starage, treatmen�, d�sposal,
<br /> release or �hreat�n�d release afi any Hazardous Substance by any persvn on, under� abvut vr from the Praperty;
<br /> ��} Trustor has no know�edg� afr or reason to belie�e tha�there has been, except as preWiously discfosed to and
<br /> acZcnflvuf�dged hy Lender in wri�ing, {a} any �reach Qr violation of any En�ironmenta� Laws, {by any use.
<br /> generation, manufa��ure, s�orage, tr�atment, disposal, release or threatened release of any Haza�d�us Substan��
<br /> on. under. ab�ut or fram the Proper�y lay any pri�r vwn�rs or o�cupan�s of the Praperty, ar �c� any acfual �r
<br /> threa�ened litiga�i�n or cla�ms o�F any kind by any person relafiing �o such ma�ters; and �3� ExGept as p�'e�iously
<br /> disclosed to and acknawledged �y Lend�r fn writing, {a� neither Trustor nar any tenan�, contractar� agent or other
<br /> authorized user of�he Property sha�l use, generate, manufactur�, s�vre, trea�, dispose of or release any Hazardous
<br /> Substanc� on, under, about or from the Prap�rty; and �b} any such acti��ty shall be canducted in complianc� with
<br /> all applicahle fed�ral, state, and local �aws, regulativns and �rdinances, including with�ut limitation all
<br /> En�ironmental Lavus. Trusfior au�horizes Lender and i�s agents to �nter upan �he P�aperty to make such
<br /> inspec�ions and fiE5�5� at Trus#or's expense, as L�nder may deem appropriate to de�ermine Gampliance of the
<br /> Pr�per�y v►rith this sect�on �f �he ❑eed of Trust. Any inspections or tests made by Lender shall be for Lender's
<br /> purposes only and shall na�be construed�� create any respansibility ar liability on�he part vf Lender to Trus�tor or
<br /> fia any other pers�n. The representations and warranties contained herein are base� an Trustor's due d�ligence in
<br /> inWestiga�ing the Pr�per�y for Hazardous Substances. Trustor hereby �1� releases and waiWes any future cla�ms
<br /> against Lenc�er f�r in�emni�ty or cvn�ributEan in �he eWent Trus�or becomes liable for c[eanup �r afiher cosfis under
<br /> any such laws; and �2� a�rees t� indemnify. defend, and hald harmless L�nder against any and al! claims, losses,
<br /> liabilities, damages, penal�ies, and expenses which Lender may directly or indirectiy sustain or suf�F�r resulting from
<br /> a br�ach of this sectian af the Deed of Trust or as a cvnsequence ofi any use, g�neration, manufac�ure, st�rag�, .
<br /> disposal, r�lease or threa�ened release oc�urring pri�r to Trustor's ownership or interes�in�he Property, whether�r
<br /> n�t �he same was or shou[d ha�e been knvwn to Trustor. The prov�sivns o�F this sec�ion af �he Deed of Trus�,
<br /> in�luding the abligativn to ind�mnify and de�end, shall surWi�e the payment of the lnde�tedn�ss and the satisfaction
<br /> and reconveyan�e of the [ien of�his ❑eed vf Trust and shall not�e affected by Lender's acquisition of any interest
<br /> in�he Praperty, whether by fore��osur�ar a�herwis�.
<br /> �II!]15aI7C4� V1laste. Trustor shall n�t cause, conduct or permit any nuisance nar commit, permit. ar suf�er any
<br /> stripping af ar waste on or to the Pr�per�y �r any portion vf the Property. Wi�hout lim��ing the ge.nerality of the
<br /> foregaing, Trustar wil� not rem�We. vr grant ta any oth�r party�he right to remaWe, any tim�er, minerals �including
<br /> �il an�gas�, caal, clay, scQria, sail, gravel or rock products withvut Lender's prior written consent.
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<br /> _� _ � .� - ="_F�emvrral_of Imp�o��ments.__�Trus�or shall nv�t demolEsh or rem�ve any impro�em�n�s�f_ro_m t _e�_ ea_.�. ro�perty wEt_out
<br /> _ Lender's pr�ar v�ri�itten cvnsent. As a conditivn to�he remo�al of any Impravements, L�nder may r�quire Trustor_�ko
<br /> mak��arrangements_satisfactary tv Lender ta r�place such lmpro�ements with Impro-v_ements_af at le-as� equal
<br /> va�ue.
<br /> Lender's Right tv Enfier. Lender and Lender's agents and represen�ati�es may ent�r upon the Rea� P�operty at al�
<br /> reasonabl� times �a at�end �o Lender's int�rests and �o �nspect �the Real Property far purposes vf T�ustor's
<br /> compliance with the terms and��nditians❑�F this Deed of Trust.
<br /> �ompliance ►rvith ��►�ernmental Requirements. Trustor shall prvmpfily cvmp[y with all lavirs, ardinances, and
<br /> regulations, n�w or hereafter in e��ect, of all governmental au�harities applicab�e tv the use ar occupancy of the
<br /> Praper�y, including withvut [imitation, the Ameri�ans 111lith Disab�lities Ac�. Trustor may cantest in good �aith any
<br /> such iaw, ordinance, or regulation and withhold compliance during any pr�ceeding, including appropriate app�als,
<br /> sa long as Trustor has natified Lender in writing pri�r to doing s❑ and so long as, in Lender's svfe opiniQn, Lender's
<br /> interes�s in th� Property are not jeopardi�ed. Lender may require Trustor �❑ past adequate security or a surety
<br /> bond, reasonably sa�isfa��ory to Lender,to prote�t Lender's interest.
<br /> Dufy #o Prote�t. Trustor agrees neither ta abandon ❑r leave unattend�d the Pr�p�rty. Trus�Qr shaf I do all o�her
<br /> acts, in additian ta thase acts sefi�vrth above in this sec�ivn, which from th� charac�er and use af the Property ars
<br /> reasonably n��essary to protect and pres�rve the Property. '
<br /> DUE QlV SALE - C�NSENT BY LEN�ER. Lend�r may, at Lender's op�ion, dec�ar� imm�diat�ly du� and payab�e al�sums
<br /> secured by this Deed a�Trus�upon the saf�or transfer. vvithout Lender's prior writ�en cansent, o�a�l �r any part af�he
<br /> Real Pr�p�rty, or any in�eres� in the Real Property. A "sale �r t�ans�er" means �he c�nWeyan�e of Real Prflperty ar any
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