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Z�15�5�33
<br /> �EE� �F T�usT
<br /> ���ntln u�d} Page �
<br /> replacements,and maintenance necessary to presenie its va(ue.
<br /> Cvmp[iance VICi�h En�irvnmenta� Laws. Trustor represents and wa�-rants ta Lender that: �'1} During the p�riod of
<br /> Trustor's ownership o�the Prap�rty,there��as heen nQ use,generation, manufacture,s�orage,treatment,disposa�,
<br /> �elease or threatened r�lease of any Ha�ardvus Substar�c� by any per��n an, under, abau� ❑r�rorn �he Property;
<br /> ��} Trus�or has na knawfedge��, or reason to bef ieve�ha�th�re h�s been, except as previously dis�lvsed to and
<br /> acknow[edged b� L�nder in wri�ing, �a} any b�ea�h vr violatian of any En�i�-onmen�ai Laws, �b} any use,
<br /> generation, manufacture, st�rage, frea�men�, disposal, rel�ase ar�hreatened release a�any Ha�ardaus 5ubstance
<br /> an, under, abau� or�rvo�n th� Properky by any priar owners ar �ccupan�s ofi�he Proper�y, vr �c} any a�tual or
<br /> threa�er�ed litigatian ar cfaims of any kind by any p�rson �elating t� such ma�ters; and �3} Except as pre�ious[y
<br /> discfosed tv and acknaw�edg�d by Lender in wr��ing, 4a} nei�her Tr-us�or nar any#enant,contractar,agen�ar ather
<br /> authvri�ed user of the Property shall use, generate, manu�actur�, stare,�reat, dispose vf or re�ease any Ha�a�dous
<br /> Substanc�an,under, ab�ut or frQm th�Pr�perty;and tb} any such act�vify sha11 be cvnduG�ed in c�rnpf ianGe with
<br /> al� applicab�e federal, sta�e, and Ivcal laws, r�gulatians and ❑rdinan�es, including withou� limita�ian alf
<br /> Environmen�al Laws. Trustor authvri�es Lender and its agen�s to enter upon the Praperty ta rnake such
<br /> inspections and �ests, at Tru�tvr's expense, as Lender may deem appropriate �o determine �omplian�e of �he
<br /> Property with this sectian ❑�the Qeed of Trust. Any inspe�ions ar tests made by Lender sha11 be far Lender's
<br /> purpvses only and shall nvt�e construed tfl �reate any respansibility vr fiability art fhe part o�Lender ta Trustor or
<br /> �o any ather person. The repr�sentations and warranties confiained herein are based an Trustar's due di��genc�in
<br /> investigating the Rr�perky fvr Ha�ardvus SubstanGes. Trus�or hereby �1} releases and wa€�es any future ��aims
<br /> against Lender for ind�mnity pr�onfiribu�ion in �he�vent Trus�ar becomes f iable f�r c�eanup ar other cvsts under
<br /> any su�h laws; and ��} agrees t�indemn�fy, defend, and hold harmtess Lender against any and a�l c�aims, Ioss�s,
<br /> fiabi�ities, damages, penal�ie�,and expenses which Lender may dire�tly vr indirectiy sustain❑r su�fe�'resuiting fram
<br /> � breach af this sectian of the Deed vf Tru��or as a cvnsequ�nce of any use, gene�-a�ion, manufacture, s�orage,
<br /> disposaf,release vr fhrea�ened refease accurring priar�v Trustor's ownership or interest in th�Praperty,whether Qr
<br /> nat the same was or should have been knawn ta Trust�r. The provisions ��f this secti�n vf the De�d of T�ust,
<br /> including th�obligatian t❑indernnify and defend,shall sur�iue#he payment�f the indebtedness and the sati�faction
<br /> and rec�nveyancs vf the lien af this De�d vf Trus�and shall na�be affected hy Lender's acquisition of any in��rest
<br /> in the Property,whe�her by foreciosure❑r v�herwise.
<br /> Nuisance, Was#e. Trus�or shall nvt cause, conduct or p�rmit any nu€sance nor corr7mit, permit, or suffer any
<br /> stripping �f❑r wa�te on ❑r�o the Praperty ar any partion af the Property. Wi�hout limi�ing �he generali�ly of the
<br /> f�regfling, Trustar wil[ no�remove, ar gran�ta any other par�y#he right tv remave, any timber, miner-als�including
<br /> vil and gas},coal, ciay,s�aria,soil, gra�el or rack product�withau�Lende�'s priar written c�nsent.
<br /> Rema�a�vf Impraverr,enfs. Trustor shall not demolish❑r rem�ve any Impravern�nts frvm the Real P�vpe�.y with�ut
<br /> �ender's priar wr�tten cons�n�. As a cvnditi�n to fhe rem�val af any�mpr��ements,L.ender may�equire�rustor ta
<br /> make arrangements sa#is�actvey t� Lender to replace such Innprov�ments wi�h �mp�o�ernents �� at least equai
<br /> ualue.
<br /> Lender'$ �igh��o Enter. Lender and Lender°s agen�s �nd representati�es rnay enter upvn th� Real Prope�ty at al!
<br /> r��sana��e times to att�nd tn Lender's int�rests �nd �o inspe�t �he Real Property for pu�pos�s af Trusfor`5
<br /> co€riplian�e wi�h the terms and cand�tians af this Deed of Trust.
<br /> Compliance wi�h Governrnental Requirements. Tn.rstvr shaf[ pr�mptly �ompEy wi�h a�l �aws, vrdinan�es, and
<br /> regulafions, now or hereaft�� in e�Fect, af afl govemrnental authQrities app[icabfe to the use or❑ccupancy a�the
<br /> Praperty, inciuding w�thaut limitatian, the Arnericans`11lith ❑isabilities Acf. Trustar may cvntest in gnod faith any
<br /> such faw, ordinance, or r�gulat'ron and►nr�thhold compfiance during any prvc�eding, including app�-vpriate appeals,
<br /> sa fong as Trustvr has notified Lender in writing prior�a doing so and so fony as, �n Lende�'s�o�e apinion,Lender's
<br /> in�erests in the Prvperty are no#jeopardized. Lender may require Trustvr fo pvst adequate securi�y ar a surety
<br /> bond,reasonabfy safisfactvey to LencJer,to pr�teGt Lender`s interest.
<br /> [3ufy tv Prvfiect. T�ustor ag�ees nei�her�o abandon or leave unatten�ed the Property. Trustor shall dv all o�her
<br /> acts, in�ddition to�hose acts set forth abo�e in this se�tian,which�ram�he charac�er and use�f the Prvperky are
<br /> reasvnably necessary�o protect and preselve the Property.
<br /> TA�ES AN13 L1ENS. The �of�awing proWisians relating t❑ the �axes and liens on the Proper�y are par� af this �eed of
<br /> Trust:
<br /> Payment. Trus�ar shall pay when due{and in a�l e�ents priar ta de��nquency}afl faxes,spe�iaf taxes, assessrnents,
<br /> charges�including wa�er and sewer},fines and impasitians le�ied against or on account flf�he Proper-ty, and shall
<br /> pay when due afl claims�or wark dvne on❑r far services rendered or ma�erial �urnish�d#o�he Property. Trus�or
<br /> shaff maintain�he Pmperty free❑f afl fien�haWing priority v�er or equal to the interest of Lender under this Deed of
<br /> Trust, except far the lien of fiaxes and assessrnen�s nat due, �xcept �or �he Existing fnd�btedness referr�d to
<br /> belvw,and ex�ept�5 otherwise pr�o�id�d in fhis Deed of Trus�.
<br /> Right�o Contest. Trustar may withhold payrnent of any tax, assessrnent, ❑r claim in �annec��an with a gavd faith
<br /> dispufe vv�r the obligation tv pay, so Iong as Lender's int�rest in the Prflperty is not jeopardi�ed. lf a�ien arises❑r-
<br /> is fifed as a resuff o� n�npaymen�, Trustor shall w��hin ftfteen {'i5} days after the �ien arises or, i�a �ien i��iled,
<br /> within fifteen t�[5} days a�ter Trustar has notice of�he filing, secure�he dis�harge af the lien, or i�reques�ed by
<br /> Lend�r,depos��wi�h Lender�ash�r a sufficient corpr�rate surety bond or other sBcurity satis�a��vey t❑ Lender in an
<br /> amvunt sa��Ficien�fv discharge�he I€en plu�any costs and a#�vrneys'fees, ar�ther charges tha�c�uld accrue as a
<br /> result�f a�orecic�sur�or sale under the fien. In any c�ntest,Trustar sha��r�e�end itself and Lender and sha��sa�zsfy
<br /> any ad�ers��udgrnen�befvre enforcement against�he F'roperty. Trus�ar shall nam�Lender as an additiona!�bfigee
<br /> under any surety band�urnished�n the con�est prac�edings.
<br /> E�idenGe of Payment. Trustor shalE upon demand furnish t� Lender satisfactary��idenc�of paymen�c�f the�axes
<br /> or assessments and shaCf au�hor�ize�he appropriate ga�ernm�ntal off�ial to deli�er to Lender at an�time a written
<br /> sta�ernent�f the taxes and assessments againsfi the Property.
<br /> Notice of Constructivn. Trustor sha�� notify Lender a#[eas�fi�keen �'t 5} days before any w�r-k is comrnenced, any
<br /> services are�umished,or any mater�aEs are supp�ied fio the Property, if any mechanic's lien, materia�men's lien, ❑r
<br /> ather lien could b�asserfed �n accaunt of�he wvrk, services, vr rnaterials. Trustar will up�n request�f Lender
<br /> furnish �o Lender advanGe assurances satEsfacfiory ta Lender #hat �rus�ar �an and will pay th� casf �f such
<br /> impro�ements.
<br /> PR4PER'T�C DAMAGE INS�JRANCE. The foll�wing pro�isions �-efating to insu�-€ng the Proper�y are a part�f�his Deed of
<br /> T ru st.
<br /> 11Jlaintenanee �f lnsurance. Trustar shaf� p�-acure and maintain poli�ies of fire �nsur�nCB wl�h standard ex#ended
<br /> �o�er'age endorsements on a fair �alue basis for the �ull insurable value cvv�ring ali �mprvvements ❑n the Real
<br /> P�`operty �n an am�unt su�'fic[ent t� a�oid appli�a�iqn af any �oinsurance clause, and wi�h a s�andard mor�gagee
<br /> clause in fa�os-of Lender. Trustnr shafi a�sv p�'acure and maintain comprehensi�e�eneraf liability insuranc�in su�h
<br /> co�erag� amounts a� Lender� rnay request with Trustee and Lender being named as addi�ional insureds fn such
<br /> liability Ensurance p�iicies. Add����nally, Trustor sha�� main�ain such other insurance, including hut not �imited to
<br /> hazard, busir�ess interruption�and boiler insurance, as Lender may reasanably require. fi'alicies shaff �e written in
<br /> form, amoun�s, cover`ages and basis re�svna�fy acceptable ta Lender and issued by a company ❑r companies
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