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��15�49US
<br /> �EE� �F TRUST
<br /> Loan No: 'I�'[257375 tCantinued� Page 2
<br /> PAYMENT AND PERF�RiI11ANCE. Ex�ept as o#herwise pra�ided in this De�d of Trust, Trustar shal� pay �o Lender al!
<br /> amaunts secured by this ❑eed �f Trust as they becorne due, and shall strictly and in a tim�fy manner p�rform all ❑fi
<br /> TrustQr`s oh[igations under the Nofie,this ❑e�d❑f Trust, and the Rela�ed Dflcuments.
<br /> POSSESSIDN AND MAlNTENANCE �F THE PR��ERTY. Trustor agrees that Trustc�r's possession and use ❑f the
<br /> Pr�perty shall be go�erned �y the fiollowing pro�isians:
<br /> Possession and Use. Until �he ❑ccurren�e of an E�ent af Defaul�, Trustar may �1 y remain in passessian and
<br /> contral of the Property; ��� use, �per��ke or rnanag�the Property; and �3� colle�t fihe Rents from the Praperty.
<br /> Duty #o Mainfain. Trustc�r shall maintain th� Property in gat�d candition and promptly perform all repairs,
<br /> replac�rnents, and maintenance necessary�a preser�e its�alue.
<br /> Compliance Wi�th En�iranmental Laws. TI"L.15�OC represents and warrants ta Lender tha�; ��} ❑uring the period of
<br /> Trustor"s ownershi�of the Praperty, there has l�een n� us�, generation, manufa�ture, storage,�reatment, disposal,
<br /> release or threatened release ❑f any Hazardous 5ubstance by any person on, under, about or fr�m the Praperty;
<br /> {�} Trustor has no knowledge o�, or reasan ta believe that there has been, excep� �s preWiausly disclosed �a and
<br /> acknowledged by Lender in vvriting, �ay any brca�h or viaiat��n a�f any En�ironm�ntal Lavus, {b� any use,
<br /> generation, manu�Facture, starage, treatment, disposal, rel�ase ❑r�hreatened release af any Hazardaus 5ubstance
<br /> ❑n, under, abaut or fram the Property by any pri�r awn�rs or ❑�cupan�s of the Praperty, ❑r �c} any actua� ar
<br /> threatened litiga�ion or claims ❑f any kind by any person relating �❑ such matters; and �3� Except as previvusly
<br /> disclosed t� and acknowledged by Lender in wri�ing, {a} neither Trustar nar any tenant, contractor. agen��r other
<br /> auth�rized user❑f th� Property shall use, generate, rnanu�actur�, store, �lreat, dispose af❑r release any Hazardous
<br /> Substance on, under, ahout❑r�fram the Prap�:r�y; ai�d tb} any su�h aGtiWi�y shall be canduct�d in compliance with
<br /> all applicable �ederaf, stafie, and local laws, regulations and ❑rdinanGes, inciuding wifihaut IimEtatian all
<br /> En�iranrnental Laws. Trustar autharizes Lend�r and its agenfs to enter upon the Praperty �❑ make su�h
<br /> inspe�tions and tests, a� Trustar's expense, as Lender may deem appropriate �a de#ermine compliance o�F the
<br /> Praperty wi�h �his sectfon of the Deed af Trus�t. Any inspections or tests rnade by Lender shall fae �For Lender"s
<br /> purp�ses only and shall not be constru�d to cr�a#e any respansihility or �iabilit��n the part of Lender to Trus�or❑�'
<br /> ta any❑�her p�rs�n, The representatians and warranties �ontained herein are based on Trustor's due dil�gence in
<br /> in�es�igating the Property for Hazardous 5ubstan�es. Trustor hereby {1} releases and waives any fu�ure claims
<br /> aga�nst Lender for indemni��y ar �ontribu�ian in the even�Trus�or �ecames liab�e �For cleanup or o�ther c�sts under
<br /> any such lav�rs; and ��� agrees t❑ indemnify, defend, and ho�d harmless Lender against any and a[I claims, iosses,
<br /> liabilities, damages, penalties, and exp�nses which Lender rnay dir�ctly❑r indirecfily sustain or suffer resulting frarn
<br /> � breach �f this sectian of the ❑eed of Trust ar as a consequence o� any use, generation, manu�Fa�ture� storage�
<br /> disp�sal, release o�threatened release occurring prior t❑Trustor's�wnership ar inte�est in th� Pr�perty, wh�ther or
<br /> not the same was or should have [�een knov►rn fi� Trustar. Th� pro�isions af this sectian �f �he ❑eed of Trust,
<br /> including the obfigatinn�r❑ indemnify and d���nd,shail sur�ive the payment of the Indebtedness and the satisfa�tian
<br /> and reconWeyance ❑f�he lien ❑�this ❑eed of Trust and shall n�t k�e a�feG�ed by Lender's acquisifian�f any in�erest
<br /> in th� Pr�perty, wheth�r by�Fareclosure❑r❑therwise.
<br /> Nuisance. Was�e. Trustor shall not cause, conduct ar permit any nuisance nar cammit, p�rmit, ❑r su�fer any
<br /> stripping af ❑r waste on or to the Proper�ry �r any porti�n of �he Proper�}�. Withaut lim��ing the generality vf the
<br /> faregaing, Trustar will not remove, or grant �� any other party�he right to r�mo�e, any timber, rninerals [incEuding
<br /> oi� and gas7, coal, clay, scoria,sail, gra�el ❑r rock praducts without Lender's prior written cansent�
<br /> Removal af Impro�ements. Trustor shall n�t demolish❑r r�mav�any Imprfl�ements from the Rea� Praperty without
<br /> Lender's priar written consent. As a condition t❑tfie remaval of any lmpravements, Lender rnay r�quire Trustor to
<br /> make arrangernen��s satisfa�fory to Lender t❑ replace such Improvements with �rnpro��ments of a�t least equa�
<br /> �alue.
<br /> Lender's Right to Enter. Lender and L�nder's agents and representati�es may enter upon the Real Property at all
<br /> reas�nable times t� attend to Lender's interests and �o inspect the Real Property for purpases of Trus�or's
<br /> carnpliance with the terms and canditions of this Deed❑f Trust.
<br /> ��mpliance with �o�ernmental Requirernen#s. Trust�t' shall promp�ly carnply with all lav�rs, �rdinan�es, and
<br /> regu�a�ions, no►r►t �r her�after in �:ffsct, ❑f aIl go�ernmen�al au�horities applicable ta the use ar accupan�y o�the
<br /> Prop�rty. Truslor may Gflntest in good faith any such�aw,ardinance, ar regulatian and withhold �omplian�e during
<br /> any proceeding, �n�luding appropriat� appeals, s❑ lang as Trus�or has notified Lender in wri�ing pr��r #o doing sfl
<br /> and sa�ong as, in L�nder's sale opinion, Lender's interests in th� Proper�y ar� no�j�opardi�ed. Lender may require
<br /> Trustor�k❑ past adequate security or a surety bond, reasonably satisfa�tory ta Lender,tn protect Lender`s interest.
<br /> Du#y fia Prvtect. Trustar agrees neither �to a�aandon or lea�e unattended the Praperty. Trustor shall da all other
<br /> acts, in addi�ion to thasa acts set forth abt���in this sectian, which from the chara�ter and use ❑f the Property are
<br /> reas�nabfy necessary ta protect and preser�e the Praperty,
<br /> DUE 4N SALE-CDNSENT BY LENDER, Lender may, at Lender's❑ption, declare immediately due and paya�le all sums
<br /> secured by tl�is Deed ❑f Trust upan the sale❑r trans�Fer, without Lender's prior writt�n cans�nt, of ail or any par��f the
<br /> Real Praperty, or any in�erest in the Real Pr�perty. A "sale ❑r transfier" m�ans fh� canWeyan�e of Rea[ Property or any
<br /> right, title or in�erest in th� Real Prvperty; wh�;ther legal, beneficial or equi�ahler whether Woluntary or in�oluntary;
<br /> `rvhe�her by outri�ht sal�, deed, instaflment sale contract, land cantract, �ontrar� far deed, feasehald interest with a
<br /> term greater than thre� �3} years, lease-aptian cnntra�t, ar by sale, assignmen�, ar transfer of any b�nefi�ial interest in
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