� - . . , . - �� ��1 5�5 5�8
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<br /> Payment of Taxes and �U�her App�icab[e Charges. Grantor romis�s t� �a at�d to di c
<br /> P � y s ha�ge 1�ens,
<br /> encuznbrances,taxes,assessmen�s,Iease payrnents and any a�her.charges�e�a�ing�o�he Pra er �hen Iev�ed
<br /> vr assessed against Gran�or or�he Prflpezt�. , .
<br /> p �Y
<br /> Envirvnmental Laws and Hazardous or Toxic Materia�s. �ra.�l�ar and e�ery �enant have been are
<br /> presen�Iy and shal� contulue �:o be in 5f�"1C� compirance Vvit�a any app��cable �ocal, sta�e and federa�
<br /> envir�nmenta��a�s and regula�ians.Fuz-�her,nei�her Grantar nar an �enant shall manufaciure t
<br /> Y ,s flre,hand�e,
<br /> d�scharge or dispase of ha�ardous or to�ic materia�s as may be defined by any s�ate or�federa� 1a�v on the
<br /> Property, except t� the ex�en� �he ex�stence of such naater�a�s has �een�prese����� dYscl osed in v�ri��n tv
<br /> �
<br /> Lender. Grantiur vvill ur�media�ely�na��fy Lender in�vr��ing af any assez-�ivn or claim made by any party as�v
<br /> the p�ssible vio�a#:��n .of app��cabxe s�a�e and federa� en�u�nmental la�s �includu�g �he �aca�r�n �of any
<br /> hazardous or�o�zc materia�s on ar a�au�fhe Propex�y. Grantor ind��nnifes and�h��ds Lender harin[ess from,
<br /> withou�t 1imi�ation, any�liabz�ity or expens� of�vs�ha#soever nature incurred�d�rectl ar �nd�rectl ou�_of ar i
<br /> �' � n
<br /> �flnnectxan wi�h: �a�any enuzronrnen�a�Iaws aff�cting a�l or any part of the Pr�pert}�o�-�rantor;�b�.�he past,
<br /> pr�sen� or futur� exis��nce �f at�y hazard�us ma�er�als xn, on, under, ab�u�, or eman.a�ing fro�n ar pass�n
<br /> g
<br /> thrvugh the Property ar an� par�thereof or any propel-�y adjacen�tllereto; �c� any past, p�•esent ar future
<br /> hazard�us ac�ivity at �r in connection�rth the Property or any part�here�f; and�d}the n��ico�npi�ance by
<br /> Gran�or or�ran�ar's fai.lure ta camp��fux�y and timely wi�h en�iranmen�al Za�s. .
<br /> Financia�Informatian.Gran�or agrees ta supply Lender such fnan��al and other ixaforina��on.co�cern�n�its
<br /> affau s and fihe s�atus vf an� of z�s assets as Lender, fram �ime �� txme, may reasana�ly requ�st. Grant�r �
<br /> further agrees t� permrt Lender to verif� accflunts as �e1� as �a �nspect, copy and�o e�amine the books,
<br /> records and fi�es�f Grant�r. - � � � � -
<br /> Lender's R�ght to Enter.Lender ar Lender's agents shal�ha�e tihe right�and access�o inspe�t�the property a�
<br /> a�I reasanable ��m�s u� order to attend to Lender's in�eres�s�and ensure comp�iance wi�h the terms of this
<br /> Security Instrurnen�. rf the Pr�perty, ar any par� thereof, sha�i requ�re inspec�ion, repair or maxntenance
<br /> vvh�ch Gran��r has faYl_ed �a pra�zde, Lender, af�er reasana���nati�e, may en�er upon t�ie Praper�y�� effe�t
<br /> such vbl�gation; and the cas��h�reof sha�� �bc added to the Indebtedness and paid an Lender's demand by .
<br /> Gran�or. , �
<br /> A.SSI�NNIENT UF LEAS�S AND RENTS.As add��ioi�at securzty��r fihe.payment vf the�ndebtedness and the
<br /> performance �f the cflvenan�s �ontained herein, Gran�or hereby assigns and tt-ansfers o�er �a Lender a�i rents,
<br /> lncorne and prof�s �"Ren�s"} un�.er any presen� or fuh.�re �eases, suhleases a�= licenses of the Propea-�y,.�ixiclud�ng
<br /> any guarantYes, e�tensians, amendmen�s or renewa�s ther�af, fram�.�e use��f the Property. So �ong as Grantor Ys
<br /> nat in d�faulf,Gran�or may rece�ve, collec�and�nj a�a�I Rents acc�-urng fr�m�he Property,bu�no�mare than one
<br /> month��n�advan�e of�the due date. Lender-may aisa requi�e Grantor,t�nant arid any.Qther user of the Property�o
<br /> mak�payments af Ren�s d�re���y�o Lender.H�vt�e�er,b�recei�ing any such pay�nen�s,Lender is n�t, and shail n�t
<br /> be,�ons�dered,a�agen�fnr any party ar en�xty.Any am�unts����eGted rnay, a�Lender's so�e discre��an,be appl�ed
<br /> tv protect Lender'� in�eres� �ll� �he Proper�ty,°includzt�g bu� not �i.xn�ted tv the. payznen� af��a�es and insurance
<br /> premiurns and �fl the Indeb�edness. A� Lender's so�e discre��on, aiX ieases, subleases and Iicenses must�frst be
<br /> appro�e�i by Lender. � � - . � . � . . , _ ,
<br /> ��NDEMNATIU�T.Grantor sha�l g��e Lender n���ce af any act�an ta�Cen or�hrea�ened��be�aken b rx�a�e or
<br /> . ��.
<br /> pu�bli�entities to apprapriate�he Prop�r�y ar any part�here�f,�hrou�h cvndemna�ioY�,elnznen�domain or an�r.�fiher
<br /> ac�ian.Fur�h�r,.Lender sha�i be perm�t�ed�o partxcipate or�nter�ene in any af�he abov�_descr�bed pra�eedings in
<br /> any manner it shal� at i�s sole discret�on de�erm����. Lender is hereby_given f�.ill pawe�•, x-�gh� and authori �o
<br /> . �' .
<br /> recei�e and rece�pt for any a�.d a��damages awarded as a resu��of the fu�I or partial ta�ing or appropriation and�n
<br /> its so�e discretion,to apply saxd awards t��he Zndebtedness, whether�r na��hen due or ����.er�v�se in accardance
<br /> with app�zca��e �aw. Unless Lender atherw�se agrees in�ritixng, any app��catian of proceeds t��he Indeb�edness
<br /> shal�no�ex�end or pastpane �he due da�e af�he paymen�s due und�r th� Znde��edness ar change�he amount of
<br /> such payments. , � � . .
<br /> GRANTUR'S ASSURANCES.,A� any t�me, upon a_request.of Lend�r,:�ran�or;wi�i execute and d�Iiver t�
<br /> Lender, and if appropriate, cause ta be rec�rded, su�h fu�r-ther mor�gages,.ass�gYlmen�s, assign�nen�s of��ases and�
<br /> ren�s, security agreement�, pledges, financing statements, �r su�h o#her documen� as Lender ma re uire i.n
<br /> Y �. �
<br /> Lender's so�e dis�re#ion,�o�ffectuate,comple�e and to perfect�as�nrell as�o con�inue t�preser�e the Inde�tedn�ss,
<br /> or th�lien ar security interest created by th�s S��ur�ty Instr�unent. . , � � � � � -- �, �
<br /> ATTURNE�-IN-FA,CT. �xrantor• appoints Lender as attarney--in--fac� on,behalf�f Gran�or. �f�ran�ar fai�s to
<br /> fu�f I� any of Gran�or's �l�Ii�a��ans under �h�s Securx�y �nst�-ument ar.an.y Rela�ed Dacuments, �nc�uding those
<br /> �bl�gations men�ianed �.n the pr�cedi.ng paragraph, Lenc�er as att�rney-in--fact may fi�1f1X�he abliga�ions v�i�hou�
<br /> n�tice to Grantor.This power of atto�ney sha�i not b�affec�ed by the disabi�ity of�he�ran�or.
<br /> EVEN'�'S �F DEFAULT. The f�l�.ov�ing e�en�s sha�� �onst��.ute defaul�under�h�s�Se�L�ri Ins�urnen� ea�h an
<br /> "Even�of Defaui�"�: • � � � � �- � � . .
<br /> . � �
<br /> �a� Fa��ure tfl rnake requ�red payii�e�a�s v�hen due undex•Indebt�dness•� � �� � �� � .
<br /> �
<br /> �b� Failure t�perf_orm ar keep any of�he �o�e��an�s flf thxs Security Instrumen�or a default uY�de�•an�of
<br /> the�eXated D�cumen�s; . � � - �. . -.- . : .
<br /> �c� The making ❑f an� �ral or�vvritten sta�e�nent or assertion��a Lender��ha��s false or m�sleadin ua an
<br /> . � �'
<br /> � material respect by Grantor or an�person obliga��d on t�ie Inde�tedness; � � � �
<br /> �d} The dea�h, diss�Iutzon,inso�ve�a�y,bankrup�cy�r recexvershxp proceedixa�g of Gran�or or of any persfln
<br /> ar entity oblxga�ed an the T��debtedness; �- �� � � -� � � �
<br /> �?0�4-2a14 Curnpliance Sysle�ns,I�c.S�GG-23E6-Z0�3L2.10.].8G9
<br /> Commercial Canstruction Sec�rity Instrument-DL4D07 , Page 3 0£6 � ' ,_ . w«nv.compliancesystems.com
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