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<br /> 11. ENVIRaNMENTAL LA�W'S AND HAZA1tDDUS SUBSTANCES. As used x.n this sec�x�n,
<br /> (1.} EnvironmentaJ. Law means, w�thaut l�mai�ation, th� Comprehensive Environmenta.� Respflns�,
<br /> Compensation and Liability Act �CER�LA, 42 U.S.�. 96�I et s�q.}, and a11 other federat, state and lacal
<br /> laws, regulatians, ordznances, court orders, a�torney general opinions �r �n�erpre�i�e letters concerning the
<br /> pul�li�health, safety, we�fare, environmen�or a hazardous subs�ance; and �Z} Hazardous Substance means any
<br /> toxic, radioactiv� ar hazardaus material, waste, po�lutant or cantaminant which has characteris�ics which
<br /> render the substance dangeraus or potentially danger�us to th�pubXzc health, safety, welfare or�nvYronment.
<br /> The term znc�udes, wi�.iout lYmitatian, any substances defined as 'Thazardaus ma�erial," "tox�� substances,"
<br /> "hazardous waste" or "hazardous substance" und�r any EnvYronmental Law.
<br /> Trustor r�presents, warrants and agr�es that:
<br /> A.Except as pre�ious�y disclos�d and acknowledged in writin.g to Benef�c�ary, n� Hazardous Subs�ance is
<br /> or will b� located, stored or released on or in the Praperry. This restr�ctian d�es not app�y to sma11
<br /> quan�ities of Hazardous Substan��s that are generally recognized to be apprapriate for the norma7 us�
<br /> and ma�ntenance of the Praperty.
<br /> B. Ex�ept as previously disclosed and a�knaWledged in writing to BenefYCYary, Trust�r and every tenant
<br /> ha�e been, are, and shall rema.uY in fu11 comp�iance wi�h any app��cable EnvYroa�.mental Law.
<br /> �.Trustor shall immediately n�tify�ene�ciary �f a re�ease or threatened releas�of a Hazardous Substance
<br /> occurs an, und�r or abaut the Property or there is a v�olat�on of any Envxronm.ental Law concern�ng the
<br /> Property. �n such an e�ent, Trustor shall take aII necessary remedial action in a�cordance with any
<br /> Environmental Law.
<br /> D.Trustor sha.�l immediateiy not�fy Beneficiary in writing as soon as Trustor has reasan�o beiie�e th�re�s
<br /> any pend�ng or threatened xnvestigatian, claim, or pr����ding rela�ing ta th� r�lease or thr�atened
<br /> �el�ase of any Hazardous Substance or the�iolation�f any Environmental Law.
<br /> 1Z. ESCR�'VL� F�R TA�ES AND INSTJRAN�E. Uxil.ess atherwise pravYded in a separate agre�ment, Trustor
<br /> wiil not be required ta pay to Beneficiary funds far ta�es and insurance in escrow.
<br /> 13. J�LNT AND INDIVIDUAL LIABILITY; C��-SIGNERS; STIC�ES��RS AND ASSI�NS B�UNI�. A�l
<br /> dutres under this Secur�ty Zn�trument are j oint and xndi�idua7. If Trustor signs this Security �nstrum�nt bu�
<br /> da�s not sign an e�idence of debt, Trustor does 5Q Qril.y �O mortgag� Trustor's interest in. the Property to
<br /> s�cure payment of the S�cured I3ebt and Trustor does not agr�e to�e personally�iable an the Secured Debt. If
<br /> this Securxty Instrument secures a guaranty between Beneficiary and Trustor, Trustor agrees to wa��e any
<br /> rights that may prevent Ben�f�.c�ary from bring�ng any actian or cla�m against Trust�r ar any party ind�bt�d
<br /> under the�bli�ation. These rights may znc�ude, �but are n�t lurut�d to, any anti-defic�ency or one-act�on Xaws.
<br /> The duties and benef�ts of thYs Security Instrumen�sha11 bind and benef�t the successors and assigns flf Trustor
<br /> and Benefi�iary.
<br /> 14. SEVERA�3ILITY; INTERPRETATI�N. Th�s Security Ins�rumen� is �omplete and fully integrated. This
<br /> Se�urzty �nstrument may not be amended or mod�fied by oral agreement. Any sectron 7.n tliis Security
<br /> �nstrument, attachments, or any agreement reiated to the SeGured I]ebt th.at canflicts w�th appl�cable Iaw wi11
<br /> not be �ffec���e, unless tha� 1aw expressly or implied�y permits the �ar�a�ions by wr�t�en agreem�nt. If any
<br /> section of this Security Instrument canno�be enfarced according tfl its terms, that section wil�be se�er�d and
<br /> will not affec� the �nforceability of t.�.e remaind�r �f this Secur�ty Instrum�nt. Wheneve� used, �he singu�ar
<br /> shall include�he plural and the plural the singular. The captions and headings flf the sections of th�s Security
<br /> �nstrument are far con�enience only and are not to be used to interpret or define th� ��rms af thYs Security
<br /> Instrument. Time is of the essence in this Security Instrument.
<br /> 15. SLT��ESS�R '�RUSTEE. Beneficiary, at Benefi�iary's option, may from time ta �ime remove Trustee and
<br /> appoint a successar�rustee w�thout any other formali�y than the d�signatian in writing. Th�e successor truste�,
<br /> without conveyance of the Prnperty, sha11 suc�eed�� a.11�the.�it1��F power�a�d dut�es,canferred upon Trus�ee by
<br /> this Security Instrument and app��cable law. - �V _ . .;_.. .__.. __ �;
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<br /> 16. N�TI�E. Ur�l�ss a�herwise required by law, any���t�ce:sh,a1J:�:fbe~�g��en�-by-��delivering i� ar by ma�l�ng it by
<br /> f�rst class mail tfl the appropriat� pa.r�y's addr�ss an pag� 1 af this S��ur�ty �nstrumer�t, ar to any other
<br /> addr�ss des�gnated �n writing. Notice �o one trust�r vvX11 Ue deemed to be nat�ce to aIl trus�ors. Trustflr and
<br /> Beneficiary hereby request a copy flf any not�ce of default, and a copy of any no�ice of saie thereunder, be
<br /> mailed to each party at the address for such party set farth an page 1 �f this Se�urity Znstr�ment.
<br /> 17. WAIVERS. Except t❑ the extent prohibited by Iau�, Trustor wai��s all apprais�ment and homestead
<br /> exemption righ�s re1 atrng to�he Proper�y.
<br /> 1S. LINE �F �REDIT. Th� Secur�d De�t includes a re�olving Iine af�redit. Althou.gh th� Secured De�t may
<br /> �e reduced to a zero balance, this S�curity�nstrument will remain in effect un�il released.
<br /> Security[nstrument-Qpen-�nd-Consumer-NE ❑CP-R�DT-NE 71�12Q"�"I
<br /> VMP�Bankers 5ystems� VMP-C4�5fN�} (1 1 D77.Q�}
<br /> Wolters KE�wer�inancial Ser�ices Q�994,ZQ1 1 Page 5 of B
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