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��15�55�3
<br /> c�E�a �F T�usT
<br /> �Con�inued� P��� �
<br /> Lender aCl �ndeb�edness secured by �his Deed af Trust as �t becames due, and go�rvirver and Trustor shall strictly
<br /> perform al�i�heir respec�i��ohliga�ions under th�Nate,this❑eed of T�-ust,and the Related Dv�uments.
<br /> P�SSESSIQN AND MAINTENANCE �F THE PRQPERTY, Bvrrvwer and Trusfi�r agree �hat Bvrrower's and Trustor's
<br /> pvssessi�n and use Qf the P�Qpe�-�y shal�he go�erned by the fo��owing pra�isivns:
<br /> Possession and Use. Llnt�l the nGcurrence Qf an Event o� Default, Trustar may (1} remain in p�ssession and
<br /> �ontral of the Proper�y; {Z} use,operate or manage�he Property;and {3} cvllec�the Ren�s from�he Pr�perty.
<br /> Duty ta 111lain#ain. Trustor shai� maini�ain fhe Praperty in �enan�able condition and prompfly per�orrr� all repairs,
<br /> replacer�ents,and main�enan�e necessary to preser�e its�alu�_
<br /> Comp�ian�e�fith En��rvnmen�al Law�. Trus�or represents and warrants t❑ L.ender tha�: ��} [�uring�he periad❑f
<br /> Trust�r's ownership of�he Propep-ky,�her�has k�een no use,generativn, manufacture,s�o�-age,�rea�men�,disposal,
<br /> refease or�hrea�en�d �elease of any Hazard�us 5ubsfianQe �y any pers�n an, �ander, aE�ou��r frvm the F'rap�rty;
<br /> �2} Trust�r has nc�kn�wledge o�, o�reasan�v belie�e�hat�h�re has been, excep�as pr��ivusly disc[osed to and
<br /> acknowledged �y L�nder in v�rit�ng, �a� any hreach ❑r vio�atian of any En�ironmen�al Laws, �b� any use,
<br /> �enera�ian, manufa�ture, stvra�e, �rea�rnen�, �ispasal, release ar�hrea�ened reiease��any Hazardvus Subs�ance
<br /> on, under, abou� vr�ram �he Praperty by any prior owners or accupants af#he Pr�perty, ❑r �c� any acivai vr
<br /> �hrea��ned �itigati�n vr�laims ❑f an�r kind by any persan reia�ing�❑ such matters; and �3} lExcep� as pre�iously
<br /> �isc�osed to and acknowledged by Lender in writing, �a} nei�her Trustnr nor any tenan�,confractor,ag�n��r other
<br /> au�hvrized user n��he Property shall use,genera�e, manufacture,store, trea�,dispose of or release any HazardQus
<br /> Substance on, under, abou�or fram the Property;and �b} any su�h activit�sha��be c�nducted in�ompliance with
<br /> al� applicable federal, sta�e, and Ivcal.�aws, regulations and ordinances, including withou� limi�ation alf
<br /> Environm�n�a[ Laws. Trustar authorizes Lender and its ageni�s �a enter upon �h� Property to make such
<br /> inspe�tions and tes#s, at Trustor's expens�, as Lender may deem apprapria�e to determine compf i�nce o� the
<br /> Property with this sec�ian ❑�the ❑eed ❑f Trus�. Any insp�c�i�ns or tes�s rnade by Lender sha�l be for Lender's
<br /> purposes anly and shall nat be construed tv create any responsibility or liabiiity pn the part vf Len�er to Trustar or
<br /> to any o�her persan. The representa�ians and warranties con�ained herein are based an Trus�or's due diligence in
<br /> investigating th� Properfiy for Ha�ardous Substances. Trus�or hereby �'�} releases and v�raives any future claims
<br /> a�ainst Lender fvr ind�rnni�y vr con��ibu�ion in the e�ent Trus�or becomes �iak�le�ar c�eanup ar o�her cos#s under
<br /> any such laws; and ��} agrees�o indemnify, de�end,and hald harmless Lender against any and all �laims, Ioss�s,
<br /> liabi�ities, damages, penalties,and expenses which Lend�r may direct[y ar ind�rec�ly sustain or su�Fer resulting from
<br /> a h�each vf�his section of the Deed o�Trust�r aS��ansequence vf any use, gen�ration, rrianu�aG�ure, storage,
<br /> dispvs�l,release❑r�hrea�ened release oGcurring pr�or to Trus#�r's ownership�r in�terest in the Pr�perty,whe�her Qr
<br /> not�he same was or�hau[d hav� been kn�rrvn ta Trustor. The p�-ovisions o�this se�tion af the Deed ��Trust,
<br /> inc�uding�he abligation�o indemnify and def�nd,shall survi�e the paymen�of the lndebtedness and�he satisfac�ion
<br /> and recanveyance af�he lien af this❑eed of Trus�and sha�!nat be affe�ted by Lender's acquisition of any in�erest
<br /> in the Property,whether by fvre�l�sure�r vthsrwise.
<br /> Nuisance, V1laste. Trustor sha[I nat cause, canduct or permi� any nuisance nor commi�, perrnitr �3' SLl�F$�' any
<br /> stripping of or wast�an or tn �he Property❑r any port�on o�the Property. V1Tithaut limiting �he generality❑f�he
<br /> foregaing, Trustor wil� no�remo�e, or grant tv any other par�y the righ�tc�remo�e, any�imb�r, rninerals �in�luding
<br /> vil and gas},�oal,clay,scaria, soil,grave�❑r�a�k produ�ts without Lender's prior vv�ifi�en cons�n�.
<br /> Remova�of impro�em�n�s. Trustor 5hall not demolish�r remove any Impra��ments from�h��eal Property without
<br /> Lender's priar wri�ten consen�. As a conditivn to the rem��al vf any impro�ernents,Lendar may require Tr�.is�ar to
<br /> make arrangernents sa�isfactvey �o Lender to �-epface such fmpro�emen�s with Impra�ements of a� ieast �quai
<br /> rra�u�.
<br /> Lender's Right tv En�er. Lender and Lender's ag�nts and represen�atives may en��r upvn fh� F�eal Prvperty at a�l
<br /> reasanab[e �imes to atfend �n Lender's interests and t� inspect �he F�ea! F'roperty far purpases of Trus�vr's
<br /> Gomplian�e with the terms and condi�Fons of this ❑eed af T�usf,
<br /> �ompliance wit�a Governmental Requ�rements. Trustor shall pramptly c�mpl}� wi#h all [aws, ord�nances, and
<br /> regulations, now or hereaf�er in e�Fect, of al1 go�ernmen�al au�hv�itieS appliGable ta�he use❑r vccupan�y c�f th�
<br /> Praperiy, including without limi�a�ion,the Americans lll�ith aisabilities A��. Trus�or may con�es�in gv�d faith any
<br /> such law, ordinanc�, or regulati�n and withhold Garnpliance during any prac�eding, inc�uding apprapria�e appeals,
<br /> sn I�ng as Trustor has nafii�ied Lender fn writing prior to doing so and so Iong as, in Lend�r's sale opinion,Lender's
<br /> int�r�sts in the Prvperty a�e nvt jeapardized. Lender may require Trustar to past adequate se�urity or a surety
<br /> bvnd,reasonably sa�isfactary ta L.ender,tv p�-otec�Lender's interest.
<br /> �ufiy to Protect. Trustar agrees nei'�her to abandvn ar Iea�e unattende� the Properfy. Trustor shal! do all other
<br /> aGts, in add�tivn�Q those acts set�orth abo�e in this sec�ion,which frorn the�haracter and use of the Property are
<br /> reasanably necessary to protect and preserve the Property.
<br /> TA�CES AND LIENS. The �ollvwing pro�isions rela�ing ta �he taxes and liens on the Prn�erty are pa�af this Deed of
<br /> Trust:
<br /> Payment_ Trustor shall pay when due�and in al!e�ents prior�o delinqu�n�1}��I�axes,specia�taxes, ass�s�ment�,
<br /> charges�including water and sewer�,fines and impnsiti�ns le��ed against❑r vn accvunt of the Praperty, and shafl
<br /> pay when due al�c�aims for wvrk dQne❑n or fvr s�rvices ren�fered ar ma�erial furnished�a the Proper�y. Trustor
<br /> shall maintain the Pr�perty free vf all liens having pri�rit}r v�er or equal�o the in�eres�of Lender under�his Deed of
<br /> Trus�, except for the �ien ❑f �axes and assessrnents not due, except ��r the �xis�ing lndebtedness refere-ed �v
<br /> belaw,and except a�v�h�rwis�pro��ded in th€�Deed���rust.
<br /> �2��ht$v�antes�. Trusto�may wi�hhvld payment af�ny�ax, assessmenfi, ���lairr�in canne�tivn vtirith a gaad�aith
<br /> dispute over the❑hiigatior�t❑pay, sa�ang as Lender"s in�terest in the F'roper-ty i�nvt�eapardized. 1�r a�ien arises or
<br /> is f��ed as a result v� nanpaymen�, Trustor shall wsthin fif�een {'�5} days after the lien ari�es ❑r, if a lien is�il�d,
<br /> wi�hin fif�een {�5} days af�e�Trus�or has nvtice of the �il�ng, secure�he discharge of�he [ie�, ❑r ii reguested by
<br /> Lender,deposi#with Lender cash or a sufficient corporate surety bond or�ther security satisfactory t� Lender in an
<br /> amvunt sui��cient�v discharge the�ien plus any cas�s and attorneys'fees, or vther charges tha#could accrue as a
<br /> r�sult of a�a�eclosur�nr sa[e under�he lien. In any coRtes�,Trus�or shail defend itseif and Lender and shall satisfy
<br /> any ad�erse judgmen�be�Fore enfnrcement against the�rvperty. Trustar shall nam�Lender as an additivna�obiigee
<br /> under any surety bond furnished in the con�est pro�eedi�gs.
<br /> EvEdenGe af Payment. Trustvr shali upon demand furnish to Lender satisfactory evidence❑�payment�f the taxes
<br /> or assessrnen�s and sha�i authari�e��e apprapria�e governmental ❑�Ficial to deliv�r#a Lender at an��im��writt�n
<br /> statemen�vf�he taxes and assessmen�s against�he F'raper�y.
<br /> Motice of Cvnstructio�. Trustor shall no�ify Lender at�eas�fi�teen �'�5}days before any wark �s commenced, any
<br /> s�rvices are furnished,�r any materials are suppli�d�v the F'raper�y, if any rnechanic's Ei�n, mate�ialmen's iien, ar
<br /> ��her�3en cou�d he asserted or� acc�un�k�f the work, services, vr rna�eriafs. T�s�vr will upvn �equest o7 Lender
<br /> �urnish �o L�nder ad�ance �ssuran�es sa�isfactv�y ta Lender th�t Trustar �an and wilk pay �he c�st of such
<br /> imprnvemen�s.
<br /> PRaPE���AI�AGE �i�S�RAN�E. The following provisions relating to [nsu�ir,g the F�roper�y ar� a p�rt of this aeed of
<br /> Yrus�.
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