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��14��3SS <br /> Lez�der,na�aiug Lender as an.add.�#���a1 na�aed�ured,wxth I.ass pa�ab�.��o the Lender. ��a.se of loss under�uch <br /> pfllicies,the Lender%s authori�ed to ad�ust,co�leGt and compromise,all claim.s thereunder and shall�ave the vpt�.on <br /> o�app�y�ng a�ar part of the insurance pxo�eeds��}t�an.�in.de�tedx�ess secured her�b�ana iro.such ordez as Lende�� <br /> may deter.nniv.e,�ii�to the Tn�.stor t��e used fo�tb.e r�pair vr r�storat�.oxi of the Property or��i}for any other purpose <br /> ar obj ect sat�,sfa�tory to�L��.der�rithout affe�ting the lie�.of th�.s Deed af Trus�fQr th.e full amou�.t secured hereb� <br /> befare such paym��a.t e3rer�tfla�p�ace_ An.y appl�.ca�i.t��s af pr�ceeds to indebt�dness s�.all nof e�tend or p�stpone the <br /> due da�e of any p aymen.fs under�e Nate,or cure a�.y default thereunder or hereunder_ � <br /> S_ �scr��vv_ �Tp�n w�t�e�.deman.d by�.ender,�r�stor sha�I pa�tfl�.ende�,in.s�.ch a�mann.er as T�.ender may <br /> . des�gnate,suf�'tczent sunas to enable Ilender to pa�r as they bec�me due ane or mare of th-e�ol�owi.n�: �a��a11�es, <br /> assessments ax�.d ather Gharges aga,�n.st the Prop Er�y,�i��]t�a.e p�remiw�.s vn the prop erty i�surance r��uired hereu�n.der, <br /> aza.d�i�i}t�e premiums�n any mor�gage i-n.sura�.ce requ�e�.b�Len.dez. <br /> 5. IVlaiutema�a�e,Repa.ir�a.�d��m�pliance with I1a�vs. Trust�x s�all�eep t.�.e Pra�er�im.govd c�ndi�.an <br /> and xepair,shall.promptl�r repair,or repJ.ace any imprflvemez�t which ma�be damaged or de��ro�-ed;shall not <br /> - commit ar pernr�t any�aste or de�eriara�.�n�f tTze Propez-�y;shall not r�mo�e,demolish ar substantiall�alter any of <br /> the�pzflvemen#.�s on the Propezt�;sha11�nt�Qm-imit,suffer or permit aa��act t�be dan.e in or upon t�.e Pr�per�u�. <br /> via�ation of any-�a�xr,�rduaan.ce,or regul.at�.a�.;and sha.�l pa��an.d.pramp�y disc�.arge at Trust�r's cost�a�.d e�pense all. <br /> Iien.s,en�umbrances amd charges Ievie�.,imposed ar accessed agair�.�t the Propex-�or ax�.�r par�thereaf_ <br /> �. J�m.in.enf]]amain. I,ender�is�.ereby a�s�gned al�[compensat�an,awar�.s,damages and other pa�ments <br /> ar r�lief[herein.a.f�ez`�'roce�ds"j i�ca�.n.ection�rit.�condem.�.a�vn or�ther ta�uag n�t�e Proper�or part thexe��ar <br /> for co�.�eyance�.n�ieu of co�demna�o�. Lender sha.Il be�n��tled at its apt��n to commence,appear iti.an�prasecut� <br /> i�❑.its a�n nam:e any act�on or p�roc�edings,a,xi.d sha�1�.l.so be�nti�led ta make any comprvm�se ar settl.ement�n. <br /> cDntle�tion witU.SuC�takinb or�.am.age_ I�.th�event any por�ion af t.�.e Property is so�aken a�damaged,Len.der <br /> shall�.ave the flpt���.�n its sole and absalute discre#�an,to a��p�.y a�.such pro�eec��,after deducting therefrom al�. <br /> cos�s ancl expenses iucux�ed by�.t in caxua.ectivn,vc�th such Prviceeds,upon an.y ittdebtedness secured hereby a.�d�u <br /> �u.ch order as I,ender may determine,or�o appl�r a11.�uch Pro�ce�ds,after suc�,deduc���s,to the restarat�on of fh.e <br /> P���eri�upon.�uch co�d�t��ns�as Lend.er may deterr�iue. .A.�a.�ap�licativn af]Proc�eds to indebtec�.ess sha]I�at � <br /> � ��t�nd or pa srtp aa�e the due date of an.y p a�ment�un�er�.e No�e,�r cure an.y defaul�thereundez ar h�reuuder. A�a� <br /> unappli.ed.funds shav.b�pa-�d to Trus�or_ � � <br /> 8_ Performa�.�e b��..�ean�.��r_ LTp��the occurrence�of an.Event of�Default he�eu�d�r,�r�f any act�s�aken <br /> ar�.ega�.proceeaUn�co�,en.ced wb.�.ch m�.ter�.all�affec�s Lender's�nterest in.�.e Prvper�,Le�.der may i��ts a�. <br /> d�scr�ti�n,but w�.thout obligation to dfl sn,and without no�c�to�r demand u��n.�'ru.st�r and without re�easing <br /> Trust�r from an�o�bligatia�.,do any act�xr�i�h Trustar has agre�d but failed to do and may a1s�do any o�her act i� <br /> de�ms necessar�tQ profect the security hereof. Tru.stor shall,imm�dzately�pa�.d�mand therefor by�ender,pay�a <br /> Lender a11 costs and e�p�nses inc�rred and sums expended b�Lender in.connec�a�w�th the e�erc�.se b��ender flf <br /> t�.�f�regoi3a.g rig�.ts,��gether wzt�.int�rest thezeon at the defa�ult rate prv�.ded in.t�.e Nflte,v��tc�.shal��e added�o <br /> �he ix�.debtedn.ess secured hereby. Lendex s�al.I not i-ncur�.�Iiabi�i�y because of any�n,g it ma�d�aF amit to�.� <br /> hereunder_ <br /> 9. Ha�a.�rd�us TI�Iat�x��ls_ T'rust�r s�.a�I keep t��Propex-�y i-�.cam��an.ce�vith al�app�icab2��aws, <br /> �rd.�nances a�nd re�a�.ons relat�n.g�o in.dustri.al b.yg�.ene�r environmen�a.�pr�tecti.on�calle��.v�Iy referred to herein <br /> as"�En�ranmental La�rs"). Trust�r sha�l keep the�roper�firee from a�l su�stances deemed t�be hazard�us or ta�i� <br /> �der any��.v�ra�m.enta�La�s(co�xecti�e�:y referred to he�re�n as"Hazardaus Materia�s"). Txu�tor hereby�var�rants <br /> and r��resen�s to Lender that there are n.o�IazardQus 1�Ilate�.a�.s on ar under the Propez-�r_ Trustor hereby agrees t� <br /> i�.de�nify an.d ho�d har�ess Lender,its clirec�ar�,of�cers, empl.o�e�s and agents,and an�succ�ssoxs ta Lender's <br /> in��r�st,f�om and against any and aJI c�a.ims,dama�es,l.Qsses.and liabilit�es arisiug�n.connec�i.on with.th�presen.ce, <br /> use,d.zsposal ar#ra�spart af a�n�I�azardous Mater�.a.�s an,u�c�er?�rom or abaut#he Prape�.y. THE F�R�E��IC�� <br /> � TIE��.ND RE�1�ES�NTATI�NS,.A1�T1��'R.UST��'S���IGATI�NS P�SANT T��'� <br /> F�I�EG�I�T�Il�TJDJE�IT�,SHALI�SURVZVIE REC�NV�EY.A�T�E DF�C�t�DEED 4�E�I`RUST. <br /> 1�_ A�siga�ment�af Re�.t�. Tru.stflr here�by assi.gns�o�end�r,an.d gran.�s Lend�r a securit�i�.terest i-n,all, <br /> presen.�,future an.d after arising rents,issue�and pro�ts o�the Prop er�y;provided fhat 7�'ra.stvr sha.1�.,unt�1.�.e <br /> �eG�xrence of a�.Event of�Jefaul�her�un.der,have th.e right�:o collect a�d reta�.n�uch re�,ts,�.ssues and profts as <br /> they b ecome d��and p a�a�l�. Upon�he a ccu�zence af ax�Event��D efau�.t,�Lender ma�,e�.ther in p erson or b� <br /> ag�nt,wit�or�ri�out br�nging ax�.y ac�zo�.or proc�edzng,�r b�r a receiver appoulted b�a caurt a.�.d-ac�thQut r�gard tfl <br /> �he a�equacy of i�s securi-�y�,e�.te�U.paxl an[�fa�e paSSeS51al"�.�f t�ie�Z4p��y,or an�y�aa�thereo�in i�own name flr <br /> in the name af t3ae Tr�ustee,a.�id do an�acts whi.ch�.t d.eem�.s necessary or desirab�e�a preserv�e t�e valu�, <br /> �ar�e�a.bi�ity or renta.b�Iity a�th�Proper�;�r a�n.�r par��h.ereaf or�n.terest�a.e�-ei-�,oa-ta�.crease the i�.co�ae <br /> there�'rom or pro�ect the s�cur�ty herevf an.d,�urith or w�.thout taking�poss�ss�.�ra.of the Proper�r,sue fox or ot�erv�.se <br /> �o�.ect�he rents,�ssues�and pro��s ther�of�i�nc�uding those�ast due and unpaid.,by zi.ot�.�`y�n.g�enan.�s to ma�e <br /> pa�.na.ents tv Lender_ Len.�.er�m,a..y apply zexxts,issues and pr��ts,�es�costs and e�pense�of o�peratzo�.ar�d cti1l�c�o�a <br /> �c�udsn�attorney's fees,ta an�in�.ebtedness secured hereby,a11 in.such ard�r as Len�er m.a�r determi.ue_ �.e <br /> e�tez�n.g upan a�d ta�.g possessian of the PrQper�y,fhe co�.ect�.on.of suc�.rents,�ssues and pza�ts,�.nd th� <br /> applicat�.�n�he�e�f as a�'oresa�d sha�l x�.ot cure or�ra��re any defau��or z�ot�ce of default hereunder or�.va�Z.da�e any <br /> ac�t��ne in.r����nse to such default�r pursuant tfl such no�zc�of defau.�.t an.d,n�t�zt�.s�an.d.�g the caxx�nuance in <br /> . poss�ss�on of the prop�r�o�-�h.e col�ecti�n,rece���and applica�io�of r�nts,issues or prvfits,Trrzstee a�d�e�zc�er <br /> ��ia�l�b e era.fii.�.ed to e�erc%s e�very righ��ro�rided for�n a-ny of the Lo an Instnim.en.ts or by�a�r upo�o ccurrence af <br /> any�vent of D efault,�nc�ud�n��.t,�.out�xmita�io�the ri.�ht t�e�erc�s e t�ie p o�e�af sale_ Fux�her,�Lend�r's rights <br /> and remecli.es u�der tbis para�raph sha�be cumu�ati�re w�i.th,axzd�.no way a Iimitation on7 Lend.er's a�.�hts anc� <br /> remedi.es unde�any-�.sszg�.ment af Ieases a�d xents recorded�gainst the Proper� I�end�r,�Cxustee a�.d the recei�rex- <br /> sha�l�a�I�ab�e to accflux�.t fln�y for t�.os�rents actuaLl.y rec��ved. <br /> 11_ �-�ents of�3e�aVlf_ Th.e fol�o�€ng shall c�nst�tute an��rent af Defa-u.It under�his�eed�f T�u��: <br /> �a} F'ail.ur�to�ay an.�in,sta.11ment of�rz�c��a1 ar iu.�erest��a�y oth.er su�m.secured��reb�u��e�du�; <br /> �b] A breach��or default under a�.y pra��ion con�a�ed i�a.th.e I�Tote,t�ais Deed of Trust,an�of the Loan . <br /> , <br /> Iu,s#��n.en�s,or any oth�r lien or ez�cu�bran�e upan the Praper�; <br /> [c) a writ of e��cut%on ar atta�hment flr an�simi�.ar pracess shall be entered against Trus�ar whi�h shall become a <br /> li��.�n the�'rop er�or any p�rtio�th,ereof a�intexest t.�.er��n; . . <br />