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��15�57�8
<br /> DEED �F TRUST
<br /> Lvan Nv: 7�'128.8�9� �Cvnt�nued} Page 2
<br /> PERSDNAL PR�PERTY. 15 GEVEN T� SEGURE {Af PAYMENT �F THE ENDEBTEDNESS AND [B� PERF�RMANGE �F
<br /> ANY AND ALL D6LiGATIQNS UNDER THE NQTE, THE RELATED D�CUMENTS, AN❑ TH1S DEED DF TRUST. THiS
<br /> DEE❑�F TRUST 15 G1VEN AND ACCEPTED❑N THE F�LL�IJVING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as otherwise pra�ided in this Deed ❑f Trust, Trustor shall pay to Lender all
<br /> amounts secured }�y �his I�eed af Trus�k as they he�ome due, and shal[ s�rictiy and in a timely manner perform a�l a�
<br /> Trustor's obliga�ians under the Note,this Deed of Trust, and the Rela�ed Qocurnen�s.
<br /> PD55ESSfDN AND MAINTENANCE ❑F THE PROPERTY. Trus�or agrees �hat Trustor's possession and use ❑� the
<br /> Proper�y shall b�governed by th�follvwing pra�isians:
<br /> Pv�sessivn and Use. L1n�i1 �he ❑��urren�e a� an Event af ❑efauit, Trustar may {'i y remain in possession and
<br /> contraf a�the Praper�y; �2} use,operate vr manage�he Praperty; and �3� �ollect#he Ren�s from the Property.
<br /> Buty #o Maintain. Trustor shall maintain fihe Proper�y in gaod condi�ion and pramp�ly perform all repairs,
<br /> replacements, and main�enance necessary ta preser�e i#s�alue.
<br /> Campliance With En�ironmen�al Laws. Trustor represents and warr.an�s�a Lender�ha�: {'1� During the period of
<br /> Trustor's�wnership❑fi th� Prop�rty,there has been no use, generation, manufacture, storage,treatment,disposal,
<br /> release ❑r�hreatened re�ease ❑�f any Ha�a�-daus 5ubs�ance by any person on, under, abvut or from the P�aperty;
<br /> {2) T�ustar has n❑ knowledge ❑f, vr reasan to bel�eve that�here has been, except as previously disclosed to and
<br /> acknowledged by Lender in writing, {a� any breach vr vialativn af any En�ironrnenta� Laws; �1a} any use,
<br /> generatian, manufacture, storage, treatmen�, disposal, release or threatened r�leas� vf any Hazardaus Substance
<br /> ❑n, under, ab�ut or �rom fihe Property by any priar owners ar occupants ❑�f the Property, ar �c} any actual ❑r
<br /> threatened [iti�ation ❑r claims o� any kind by any persvn relating t❑ such matfiers; and �3} Ex�ept as pre�iously
<br /> d�scfosed�❑and acknowledged by Lender in wri�ing, �a} nei�khe�Trustor nor any tenan�, contractor, agen�k or ather
<br /> authari�ed user o#the P�op�rty shall use, generate, manu�acturer s�ore,t�-eat, dispose of ar r-elease any Hazardous
<br /> Substance on, under, abou�or�rvm the Pr�perty; and ��} any such act��i�y sha[f �e conducted En compliance with
<br /> all app�i�al�le federai, sfiate, and �vca1 iaws, reguia�tions and ardinances, inc[uding withou� limitat�on all
<br /> En�ironmental Laws. Trus�or authorizes Lender and ifis agenfis t❑ enfier upan fihe Praperty �o mal�e su�h
<br /> inspections and tesfis, at Trus�or's expense, as Lender may deem appropria�e to determine compliance of �he
<br /> Prvperty wi�h this sect�on af the Deed ❑f Trus�. Any inspecti�ns �r tests made by Lender shall be ��r Lender's
<br /> purposes anly and shall nv�be construed tv �reate any respvnsibility or liability on the part of Lender to Trusfior or
<br /> to any o�her persvn. The representations and warran�ies contained herein are based ❑n Trus�o�-'s due diligence in
<br /> in�estigating the Praperty for Hazardaus 5ubstances. Trustar herehy �1� releases and wai�es any#uture c�aims
<br /> against Lender for indemnity ❑r contribution in the e�ent Trustor becomes liable fo� cleanup or other cas�s under
<br /> any such laws; and {�} agrees tv indemnify, defend, and hold harmless Lender against any and all claims, �osses,
<br /> fiabilitiesr damages� pena[�ties, and expenses whi�h Lender may dire�tly or indirecfily sus�ain or sufter resul�ing from
<br /> a breach af this section of the Deed ❑�f Trust ar as a consequence o# any use, generation, manufacture, storage,
<br /> disposa[, release vr th�-eatened release accurring prior ta Trus�or's ownership or interes#in the Prop�r�y,whether or
<br /> not the same was ❑r should ha�e been known tv Trustvr. The prv�isions af this secfiion o��he �eed ❑f Trust,
<br /> �nciuding the obliga�ion to indemnify and defend,shall survi�e�he payrnen�o�the�nde�tedness and the satisfaction
<br /> and recon�eyance of the lien o�this Deed o�Trus�and sha��not be affected by Lender's acquisi�ion of any in�erest
<br /> in the Property,whe�her by foreclosure or ofiherwise.
<br /> Nuisan�e, Waste. TruSt�r shal! n�� cause, conduct or permit any nuisan�e nar comrni�, permit, ❑r suffer any
<br /> stripping of or was�e vn or ta the Praperty or any pvrtian o#the Properky. Without �imiting the generality o�F the
<br /> foregoing, Trustor will no�remo�e, ar grant t� any a�h�r par�y the �-igh�to remove, any#imber, minerals �including
<br /> oil and gas}, c�af,clay,scoria,soil, gra�el or rock products without Lende�-'s pri�r written consent.
<br /> Remo►►a!of imprv�ements. Trusto�-shalf not demolish or remv�e an��mprv�ements fram the Real Property without
<br /> Lend�r`s prior written consent. As a cond�tion to�he remv�al ❑f any Impra�ements� Lender may require Trusto�-ta
<br /> make arrangernen�s satisfactory �o Lender ta replace such [mpro�emenrts w�th Improvements ofi at Ieast equal
<br /> �alue. �
<br /> Lender's Right ta Enter. Lender and Lender's agents and r�presenta�ives may enter upan the Real Praper�y at a�l
<br /> reasonab�e �imes ta attend tv Lender's in�erests and t❑ inspect the Real Praperty for purpases o� Trustor's
<br /> compEiance with�he�erms and cvndi��ons o�this�eed of Trust.
<br /> Compiian�e with Go�ernmentai Requirernenfs. Trustor shall promptly comply wi�h ali laws, ardinances, and
<br /> regu[ations, now ❑r hereafker in effect, ❑f all ga�ernmental authorities applicahle �t❑ the use ar ❑ccupancy af the
<br /> Pro�erty. Trustvr may cvntest in gvod faith any such law, ordinance,o�regufatEon and withhoEd cvmpliance during
<br /> any proceeding, including appropriate appeals. s� long as Trustar has no�ified Lender in writing priar to da�ng sa
<br /> and so lang as, in Lender's sale apinion, Lender's interests in the Property are not jeapardized. Lender may require
<br /> Trustor ta post adequa�ke security ar a sur�ty b�nd,r�asonal��y satisfactary to Lender,tv pr�te�t Lender's int�res�.
<br /> Duty ta Pro�e�t. Trustor agrees neither�a abandon vr leave unattended �h� Property. Trustor shall da all ❑ther
<br /> acts, in addition to those acts set forth abo�e in this se��ion, which from the charac#er and use vf fihe Prvperty are
<br /> �-easonab�y necessary�❑prvtec�and preser��the Property.
<br /> DUE�N SALE�CQNSEIVT BY LENDER. L�nder may, at Lender's option, dec�are imrnediately due and paya�le all sums
<br /> secured hy fih�s ❑eed�f T�ust upon�he sale❑r trans�er, with�ut Lender's prior written cons�nt, ❑�a!! ❑r any part n�F the
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