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Z�15��53�
<br /> [�EEL7 �F TRl�ST
<br /> ��vntinued� Page 2
<br /> relsase or threa�ened refease of any Hazardous Substan�e by any persan an, under, about or from the Properky;
<br /> �2} Trustor has no knowledge of, nr reason�o b�lie�e fhat there has been, except as pre�iously disc[ased�o and
<br /> acknowledged by Lender �n writing, (a} any breach or vio�ation of any Environmental Laws, (b} any use,
<br /> genera�ion, manufa�ture, s�o�age, treatment, disposal, reiease or threatened release af any Ha�ardaus Substanc�
<br /> on, under, abaut or �rom the Praper�y by any prior vwners or occupants of the Prop�rty, or �c} any a�tual or
<br /> threa�ened litigation ar c[aims of any kind by any person relating to such matters; and {3} Except as pre��ously
<br /> discl�sed to and acknowledged by Lend�r in writing, �a� neither Trustor nar any tenan�,cvntractor,agenf o�-other
<br /> authori�ed user of the Prope€t�shall us�,generate, manufac�ure,s�are,trea�,dispose af or release any Hazardaus
<br /> Su�stance on,under, abaut or�rvm th� Praperty;and �b} any such activity shall be condu�ted in c�mplianc�with
<br /> al} appl�cabie federal, state, and lvcal laws, regulations and ardinances, in�luding without limitatian all
<br /> En�ironmental Laws. Trus�or authorizes Lender and its agents ta en�er upvn the Praper�y �o make such
<br /> inspections and �ests, at Trustar`s expense, as Lender may deem appropriat� to deterrnine cornpl�ance o� th�
<br /> Praperty with this sectiQn af the Deed of Trust. Any inspecti�ns or tests made by Lender sh�ll he�or Lender's
<br /> purpases anly and shall not be construed t� cr�ate any responsibili�y or�iability on the part of Lender ta Trustor or
<br /> �v any vther person. Tf�e �epresentations and warranties contained herein are based on Trustar's due diligence in
<br /> in�estigating the Praper�y for Ha�ardous Substan�es. Trustar hereby [�} releases and waives any fu�ure c�aims
<br /> against Lender fiar indemnity ar cantribution in the �vent Trustvr becomes fiable f�r �leanup or vther costs under
<br /> any such �aw�; and �2} agrees�o indemnif�, defend, and hvld harmless Lender against any and all claims, losses,
<br /> liabifities,damages,penaf�ies, and expenses which Lender may directly or indire�tly sustain or suffer resul#ing fr�m
<br /> a breach of this se�tion of the Deed af Trust or as a Gonsequence of any use, generation, manufac�ure, storage,
<br /> disposa�, release ar threaten�d ralease accurring pr3or�❑Trustor's ownership vr interest in the Property,whether ar
<br /> na� �he same was vr should have been known to Trus�vr. The provisivns of this section of�he i�eed af Tru�t,
<br /> including the ob�igation ta indemnify and defend, shall survive the paymen�af the�ndebtedness and the sa�isfacti�n
<br /> and reconveyance o�F the lien�f this Deed of Trus�and shall not be af�ected by Lender's a�quisition of any interest
<br /> in the Property,whether by fv�eclvsure or atherwise.
<br /> Nuisance, VV'aste. Trustor shall nat cause, conduct ❑r permit any nuisance n�� �ommit, permit, ❑r sufFer any
<br /> stripping vf or was�e on or#o �he PrQperty vr any portian o�the Property. VIlithvut limi�ing the genera�i�y of�he
<br /> foreg�ing, Trustar will not rema��, or grant tv any other par�y the right ta rem�ve, any�imber, minera�s�including
<br /> oil and gas�,�aal,Glay, scnria,s�il, gra�el or rock produ�ts withou�L_ender's prior written consen�.
<br /> Removal of ImproWements. T�-ustor shall not demolish or remave any lmpravem�n�s from the Real Properiy with�ut
<br /> Lender`s prior written consent. A� a candi#ivn to the r�moval❑f any lmprv��men�s, Lender may require Trustor�v
<br /> make arrangemen#s satisfac�ory ta Lender t❑ replace su�h Improvements with lmprv�emen�s of at least equal
<br /> �alue.
<br /> Lender's R'rght#v Enter. Lender and Lender's agen�s an� representati�es may enter upvn the Real Praperty at al�
<br /> reasonable times tv �tfend to Lend�r`s inte�ests and to inspect the Real Property for pu�'poses of Trustar's
<br /> complian�e with the terms and c�nditions afi this Deed o�Trust.
<br /> �arnpliance with Go��rnmen�a� Requiremen�s, Trustor shall prornpt�y comply with all laws, vrdinances, and
<br /> regulatian5, now Qr hef�after in e�Fect, af al� gavernrnen�a! authorities applicahle�a the use ❑r occupan�y af�he
<br /> Pr�per�y, including wi�hout limitativn, the Americans With Di�abilities A�t. Trustor may�ontest in gaad faith any
<br /> suGh law, ordinance, or regulation and wi�hhold compfiance during any proceeding, including apprvpriate appeals,
<br /> S�ivng as Trustor has notifted Lend�r in writ�ng priar t�daing so and so]vng as, in Lender's svle❑pinian,Lender's
<br /> interests in the Property are not jeopardi�ed. �ender may require Trustar tv p�st adequate security ar a surety
<br /> bond, reasonably sa�i�fa�tory to Lend�r,ta prate��Lender's interest.
<br /> Duty �o Protect. Trustor ag�ees nei�h�r ta abandvn �r leave unaffended�he Proper�y. Trustar shall dn al� �ther
<br /> acfis, in addition to those a�ts se�fiorth above in th�s s�ction,which from the charac#�r and use o�the Pr�Qerty are
<br /> �easanably ne�essary to pratect and prase3ve�he Prvperty.
<br /> TA�CES AND LIENS. The fallawing p�o�isi�ns �elating ta the taxes and liens on the Praperty are part of�his ❑�ed o�
<br /> Trust:
<br /> Payment. Trustor sha[[pay when due�and in a�l even�s pr�vr tc�delinquency}a[I taxes,spe�ial taxes,assessments,
<br /> charges(including v+rater and sewer}, fines and imposi�iv�s le�ied against ar on account of the Property, and�hall
<br /> pay when due aIl clairns �vr work done vn or fvr services rendered or ma�erial furnished to the Prape�_ Trus�or
<br /> shal! rnain�ain the Praperty free v�all liens having priority v�er vr equal ta the interesf o�Lender under this Deed of
<br /> Trust, excep� for �he lien �f taxes and assessments not due and except as otherwise pro�ided in this �eed of
<br /> Tru st_
<br /> Right ta�vn��st. Trustar rnay withh�ld paymen�o�any tax, assessment,or claim in eonnecfion with a gvad faith
<br /> dispute over th�obligation ffl pay, sa long as Lender's inte�es�in the Property is not jeopardized. ]f a lien arises ar
<br /> is filed as a �esult vf nanpayrnent, Trustor shall wi�hin fif�een ��5} days af�er the lien arises❑r, if a lien is�iled,
<br /> with�n fifteen �'15} days after Trus�or has nv�ice af the f�ling, secure #he discharge af th� lien, ar if requested by
<br /> Lender,deposit with Lender cash❑r a suf�icient Carpvrate surety b�nd or other security sati�fa�tary t❑Lender in an
<br /> arnaunt suffGien�to discharge the�ien plus any casts anr�attQrneys'fees, ar v�her charges that cou�d accrue as a
<br /> resu�t❑fi a foreclvsure vr sale under the l��n. �n any cantest, Trustor sha�l defien�itself and Lender and shaf�satisfy
<br /> any ad�ers��udgment before enfarcement agains�the P�-operty. Trustor shall name Lender as an additional vbiigee
<br /> unde�any surety bond€urnished in th�contest prac�ed'€ngs.
<br /> Eviden�e of Payrnent. Trustor shall upon demand furnish t� Lender sa�isfactvey e�idence of payrnen�nf the�axes
<br /> or assessrnents and sha�� au�hori�e the apprapria�e govemmental ❑fficiai�a de�iver ta Lender a�any time�written
<br /> statemen�of the�axes and assessments against the Prvpe�ty.
<br /> Nvtice o�Canstructi�n. Trustar shall notify Lender at least fift�en {'�5}days befor�any wark is cornmence�l, any
<br /> �e�viGe�are furnished,or any materials are supplied to the Prop�r-�y, if any mechanic's lien, mat�rialmen's lien, or
<br /> c�ther lien could be asserked an a�cpunt of the wark, services, vr mat�rials. Trust�r will up�n request of Lender
<br /> furnish ta Lender ad�ance assurances sa�isfac�ory #o Lender that TruStor can and will pay the cost ofi such
<br /> impro�ernents.
<br /> PR�PERTY DAMAGE lhiSllF�ANCE. The following proUisians relating to 3nsuring�he Proper�y are a part of this De�d❑f
<br /> Trust.
<br /> Allaintenan�e af insuran�e. Trustar shall procur� and maintain policies af fire insuran�e w�th standard exten�ed
<br /> c��erage �ndarsements an a fair �alue bas€� for �he ful� insurable vaiue co�ering a�l Impro�ernents an th� Rea�
<br /> Prvperty in an amaunt suf�i�ient t❑ avo�d applica�ivn of any cainsurance cfause, and wi�h a standard mo�gagee
<br /> clause in favvr❑f Lender. Trustor shai[also procure and maintain�omprehensi��gen�ra![iability insurance in su�h
<br /> co�erage amounfs as Lender may reques�with Trustee and Lender being named as addit�onai insureds in such
<br /> ��ability insurance policies. Additionally, Trustor shalf maintain su�h other insurance, including bu� not limited to
<br /> hazard, business interruptian, and bailer insurance, as Len�er may reasanably require. Palicies shall be wri�en in
<br /> form, amounts, ca�erages and basis reasonab�y acceptabl� to Lender and issued by a carnpany vr campanies
<br /> r�asonably acceptable �o Lender. Trustar, upan request af Lender, will del��er ta Lender�rom �ime #o time the
<br /> palicies or�erti�icateS of insurance in form satisfactary to Lender, inc�uding s�ipu[at�ons�hat Go�erages wil� not�e
<br /> cancelled ar diminished withaut a�least fihirty�3D�days prior written nvtice tv Lender. Ea�h insuran�e p�licy alsa
<br /> shall include an endorsernent pravidin��hat�o�erage in favar�f Lender will n�t be impaired in any way�y any act,
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