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��15�5885
<br /> DEEC� �F �"IRLJST
<br /> L�an N�: 'I�'I��9'196 {��t�tlnu�d} Page �
<br /> ❑EED aF TRUST[S GIVE�11 AiVD ACCEPTE❑ �N THE FOLLOWIN�TEF�IV15:
<br /> PAYMENT AND PERFaRMANCE. Except as ❑therv�rise provided in this Deed of Trust, Trus�ar shall pay ta Lender alI
<br /> am�unts secured by this Deed of Trust as they beGame due, and shall stric�ly and in a timely rnanner perfarrn aIl vf
<br /> Trustar's obligafiivns under th� Note,this Deed of Trust, and the Rela�ed Documents.
<br /> P�55ES51aN ANQ MAIIVTENANCE �F THE PR�PERTY, TrustQr agrees �ha� Trustor's possession and us� Qf the
<br /> Proper�y shali be g�verned by the foll�wing provisians:
<br /> Pvssess�on and Use. Until the vc�urren�e of an EWent ❑f Default, Trustor may ��� remain in passession and
<br /> control o�the Proper�y; ��] use, ❑perate�r manage�the Praperty; and {3y callect the Rents fr�m the Prop�r�ty,
<br /> �uty �o IVlaintain. Trust�r shall rnaintain the Prop�rty in tenantable �andifian and promptly perform all repairs,
<br /> repla�ements, and maintenance necessary to preserve its�alue.
<br /> Compliance 1Ni#h Environmental Laws. Trustor represents and warran�s�o Lender that: ��3 During the period of
<br /> Trustvr's ownership of th� Prvperty, there has be�n no use, gen�rativn, manufa�ture, storage, treatmen�, dispvSal,
<br /> releas� or �hreatened r�feas� of any Hazardvus 5uhstance by any person on, under, abou� or firom the Proper�y;
<br /> ��y Trustor has no knawl�dge af, or reason to beiieve that there has been, ex�ept as pre�iously disclosed t� and
<br /> acknawledg�d by Lender in wri�ting, {ay any breach flr Wiala�ion of any Environmentaf Laws, {bf any use,
<br /> generatian, manufacture, storage, tr�atment, disposal, ref�ase �r threatened release of any Ha�ardaus 5ubstance
<br /> ❑n, under, a�out or from the Praperty �y any prior awners or occupants of the Proper�y, or {cy any ac�ual or
<br /> threatened {itiga�ion ar �lairns vf any kind by any person rela�ing t� such matters; and �3} Excep� as pre�i�usly
<br /> dis�losed to and acknowledged by Lender in writing, {a} n�ither Trust�r nor any tenant,cantractar, agen�❑r ather
<br /> authari�ed user af the Pr�perty sha(I use, �enera�e, manufa�ture, stare, treat, dispase of ar release any Hazardous
<br /> 5ubs�ance on, under, ab�ut or from the Pr�perty; and {b} any such a��i�ity shall be cvnducfed in�ompliance vvi�h
<br /> all appli�abfe �ederal, sfate, and Iocal [aws, regulat�ans and ordinances, including without iimi�ation all
<br /> EnWironmental Laws. Trust�r authorizes Lend�r ar�d its agents to enter upan the Property ta make su�h
<br /> inspecfians and tes�s, at Trustar`s expense, as Lender may deem appropr�ate to determine compliance af the
<br /> Praperty with this sectian of the Deed of Trust. Any inspections or t�s�s made by L�nder shall be for Lender's
<br /> purposes only and shall not be c�nstrued to crea�e any respansibility or liability an the part vf Lender ta Trus�ar or
<br /> to any other person. The representations and warran�ties cantained herein are bas�d on Trustar's due di�igence in
<br /> investiga�ting the Praperty far Hazardvus Su�stances. Trustor hereby �1} releases and tirvaiWes any future claims
<br /> egainst Lend�r for indemnity�r cantrih.ution in the e�ent Trustar be�ames liable for cfeanup ar ❑�her costs und�r
<br /> any su�h laws, and ��f agre�s tQ indemnify, defend, and hald harrnless Lender against any and all claimsr I�SS�S,
<br /> Iiabili�ies, damag�s, penalties, and expenses v►►hich Lender may directly or indirectly sustain nr suf�er resulting frorn
<br /> a brea�h ❑f this section af the Deed of Trust �r as a cvnsequen�e ❑f any use, genera�ian, rnanufacture, storage,
<br /> disposal, refeas�or threatened release❑ccurring priflr to Trustor's flwnership or interes�in the Propsr�y, whether or
<br /> nvt the same was or shauld ha�e been known ta Trustar. The prn�isions o�F this sectian of the Deed of Trust,
<br /> includ�ng�he abligativn ta indemnify and defend, sha11 surWi�e the paym�nt af the[ndebtedness and the sa�isfiaGtion
<br /> and recon�eyance vf the lien ofi this Deed o�Trust and shall n�t�e a#fected by Lender's acquisition of any interest
<br /> in the Property,wh�ther by f�reclQsure�r o�herwise.
<br /> Nuisance, 1Naste. Trustor shall nat cause, conduct or permit any nuisan�e nvr cammit, permit, vr suf�er any
<br /> stripping ❑� ❑r u�ras�e an or to the Praperty or any p�rtion af th� Pr�per�y. 1Nithout limiting the generality of the
<br /> foreg�in�, Trus�or►nrili not remo�e, �r grant to any other party the right ta remo�e, any tirn�er, minerals {includ�ng
<br /> oif and gas},c�al, clay, s�vria,soil, gravel or rvck praducts v►rithvut Len�er's pr�or written consent.
<br /> Rem��al af Impra�ements. Trust�r sha�l nnt demvlish or rema�re any Impro�ements�rom�he Real Property without
<br /> Lender"s prior rrvritfen c�nsent. As a condition to th� r�mo�al of any �mpro��ments, Lender rnay require Trus�ar to
<br /> mak.e arrangements satisfactory tv Lend�r to �'�plac� such lmpro�ements with Impr�v�ments af afi least equal
<br /> �alue.
<br /> Lender's Right to Enter. Lender and Lender's ag�nts and representatives may en�er upan the Real Property at all
<br /> reas�nai�le times to attend ta Lend�r's inter�sts and to inspe�t the Reai Property far purp�ses of Trus�or's
<br /> cornpliance with th�terms and�onditivns af this D�ed af Trust.
<br /> Cvmpliance with Governm�n�a1 ftequiremen�ks. Trustor shall pr�mp�ly camp�y with all laws, �rdinances, and
<br /> regulati4ns, now or hereafter in effe��, of all gavernmenta� authorities applicable t❑ the use or o��upancy of the
<br /> Property, including with�ut iimi�a�ion, the Americans U11ith Disabili�ies Act. Trus�or may �ontest in g�od fai�h any
<br /> such lavU, ordinance, or regulativn and withho�d compliance during any proceeding, incfuding approprEat� app�als,
<br /> so lang as Trustar has natified Lend�r in writing pri�r to daing so and sa lon�as, in Lender's sal�opini�n, Lender's
<br /> inte�es�s in �h� Property are not je�pardized. Lender may requir� Trustar to post adequate security or a surety
<br /> bond, reasanably satisfactory to Lender,to prvtect Lender's�nterest.
<br /> Du�y to Prvte�t. Trustar agrees nei�ther tv abandon or lea�e unat�en��d the Property. Trust�r shall do all other
<br /> acts, in additian to those acts s�fi f�rth abv�s in this sectian, which from�h��haracter and use vf the Property are
<br /> reasonably ne�ess�ry tv prot��t and preserWe the Property.
<br /> DUE�N SALE-C4NSENT BY LENDER. Lender may, at Lender's�ption, declare immediately due and payab�e all sums
<br /> secured by this ❑eed of Trusfi upon the sale❑r transfer, without Lender's prior written cons�nt, vf al1 �r any part vf the
<br /> Real Pr�perty, or any interes� in the Real Property. A "sale or transfer" means�he con�eyance ofi Real Property❑r any
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