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��15�4759
<br /> DEED �F TRUST
<br /> €C�ntinu�d� Page �
<br /> P�5SE551�N AND NIAINTENANCE DF THE PR�PERT'�. Trus��r ag�ees tha� Trus�ar's possession and use o� the
<br /> Prope�y sha�[he governed by the falivw3ng pro�isi�ns:
<br /> Passession and �se. l�ntil th� occurrence �f an Event of Default, Trustar rnay �1} r�main in pvssession and
<br /> cflntrol af the Property; �2) use, �pe�ate o�manag�the Property;and (3} cal�ect the R�nts from the P�aperty.
<br /> �]uty to Maintain, Trustor shai! maintain the Property �n go�d cvndi#�an and promptly per#orm a]� repairs,
<br /> repla�ements,and maintenance necessary#a preserve its�alue.
<br /> Com pliance With En�i�anmenta� Laws. Trustor represents and warrants�o Lender�hat: [1} ❑uring th� per�ad of
<br /> Trustor's ownership of the Proper�y,ther�has been no use,generatian, rnanufa�ture,storag�, tr�a�m�nt,disposa�,
<br /> release or�hrea�ened reiease of any Hazardous Subs�ance by any person on, under, abvut or frarn the Prvper�y;
<br /> �2} Trus�ar has no krtowiedg� a�, or reasvn ta belie�e#ha�there has be�n, except as pre�iaus�y d�sclased to and
<br /> acknowledged by Lender in writinc�, (a} any breach or �iala�ian ofi any En�ironmental Lavus, �b} any us�,
<br /> generation, manufiacture, storac�e, tre�tment, disposa�, releas� vr threa#ened reiease of any Ha�ardaus Substance
<br /> an, under, abau� �r frorn the Proper�y by any p�iar owners or occupants �f the Property, or (c} any a�tual or
<br /> threaten�d �i#igation ❑r claims of any kind by any persan rela#ing to such ma�te�s; and (3} Except as previous�y
<br /> disclosed�o and acknowledged by Lender.in wri#�ng, �a} n�i�her Trustor nor any��nant, contracto�,agent tir o�her
<br /> authorize� user o�F�he Proper�y shaii use, generate, manu�ac�ure, store,treat, dispose o�or release any Hazardous
<br /> Substance on, ur�der, abau�or f�om th� Properfiy; and �b} any such act��ity shali be conducted in c�mpliance wi�h
<br /> a[i app�icable �ederal, state, and loca� faws, re�ula�ions and nrdinances, includEng without �imitation al[
<br /> En�ironmenta� Laws. T�ustar authori�es Lender and its a��n#s to enter upan the Prope�ty to make such
<br /> �nspect�ons and test�, at Trustor`s expense, as Lender may deem apprapriate to determine compliance of the
<br /> Property with this seGtian ��the Deed o�Trust. Any inspections or tes�s made hy Lender shall be for Lende�'s
<br /> purp�ses only and shail not be cons�rued fio create any responsib�lity vr liability on the part o�Lender to Trustor 4r
<br /> tQ any othe�p�r�son. The r�presentatians and warranties contained her�ln are based on Trustor's due dilig�nce in
<br /> inv�stiga�ing the Praperty f�r Hazardaus Su�stan�es. Trusta�hereby ��} releases and wai�es any future claims
<br /> against Lender for indemni#y or cvntri�ution in �h� e�en#T�usfio�be��mes �iabl�for�leanup ar other costs und�r
<br /> any such �aws; and �2} agrees t�indemnify, defend, and hold harmless L�nde�aga�nst any and all claims, losses,
<br /> liabil��ies, damages,penalties, and expenses which Lender may direct[y or indi�-ectfy sustain or suffer resulting from
<br /> a breach of#h�s sectian o�the Deed ❑f Trust�r as a consequence of any use, gen�rat�on, manufacture, storage,
<br /> dispasa�, re�ease�r threatened �e�ease❑ccurring pria��o T�ustar's owne�sh�p❑r interest in the Praperty,whether❑�
<br /> not the same was or shouid have �een knawn ta Trustor. The pro�isions o�this sectian of the Deed of Trus#,
<br /> inc�ud�ng the ob�iga�ion��indemnify and defend,shall survi�e the payment af the Indebtedness and�he satisfacf�on
<br /> and recon�eyance of the lien of this Deed af Trust and sha!!not be affected by Lender's acqu�si�ion of any interest
<br /> in�he Property,whether by forec�os�re or othenuise.
<br /> Nuisance, 1Nas#e. T�ust�r sha!! nat rause, canduc# ar perm�t any nuisan�� nor ��mmit, perm�t, or su�fer any
<br /> stripp€ng of or waste t�n �r to the P�operty o�any porti�n of the Property. 1Nithou# limi�ing the generaiity of the
<br /> �vregaing, Trustar wi�l no#r�ma��, or grant fio any other party the right�o rernav�, any timber, m�nerais�inc�uding
<br /> oil and gas},coal,ciay,scoria, soil,gra�el or rock praducts vvithou�Lender's priar written consent.
<br /> Remo�al�f Imprv�ernentsx Trustor shall not demo�ish or remo�e any Cmprovem�nts fram#he Reaf Prop�rty v�i�hout
<br /> Lender's pr�ar written consen#. As a condi�ion�o the r�mo�a��f any Impro�ements, Lender may require Trustvr tv
<br /> make arrangemen�s sa�isfactvry t� Lender t� r�p�ace such Impro�em�n#s with Impra�emen�s o� at l�ast equa�
<br /> va�ue.
<br /> Lender's Right to EntQr. L�nd�r and Lender's agents and representati�es may ente�upon the Real Property at a!i
<br /> �easonabl� tirnes to attend �a Lender's interes�s and tn insp��t th� Real Prape�y for purpases af Trus#or's
<br /> comp�ianc�Wvith the terms and conditions of this �eed a�T�ust.
<br /> G�mp��ance w�#h Covernmenta� R�quirements. Trustor shal[ promptfy c�mp[y with all laws, �rdinances, and
<br /> regulations, now or herea�ter in efi�ect, of a�l goWernmental au#hor�ties applicab�e to the use or accupancy �f the
<br /> Prop��ky. Trusto�may cQntest in go�d�aith any such law, or�inanc�,ar regu�ation and w�thhold camp�iance during
<br /> any proceeding, in�iuding apprapriafe appeals, s❑ long as Trus�or has na��fied Lend�r in wr�t�ng prior to daing s❑
<br /> and so Inng as, in L�nd�r's sole opinian, Lender`s interests in the Property are nflt�eopardized. Lende�may require
<br /> Trustar to past adequa�e secu�i�y ar a surety bond, reasonab[y satisfactory�a Lender,to pra�ect Lender's in�er�st.
<br /> Duty t� Pra��ct. Trustor ag�ees neither�a abandan a� ��ave unat�end�d the Praperty. Trusta�shall do a�l �ther
<br /> acts, in addition�o those acts set forth above in this section,which from�he charact�r and use o�the Properky are
<br /> reasonably necessary�o pro#ect and preserve the Property.
<br /> TAXES AND LlENS. The fo!lowing pro�isians relating to fihe taxes and liens on the Properky are part o�this Deed a�
<br /> Trus�:
<br /> Payrnen�. T�us�or shall pay when due �and in all ev�nts p�ior to delinquency}a�l taxes,specia!taxes, assessments,
<br /> charges �including water and sew�r}, fines and imposi�ions levied against or on acc�un�a�th�Property, and sh�ll
<br /> pay when due all �taims for wor-k done an or for s�rvices rendered or ma��r�a�furr�ished �o the Proper�y. Trust�r
<br /> shall maintain the Proper�y free of ai! li�ns ha�ing priflrity over�r equa�to the interest of Lender under�his Deed of
<br /> Trust, exc�pt f�r the li�n �f taxes and assessments not du�, except fo� the Existing Indebtedness ref�rred to
<br /> be{ow, and exce�t as otherwise prov[ded �n �h�s Deed of T�ust.
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