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<br /> 11. EI�VIRaNMENTAL LAWS ANI� HAZARI]�US SUBSTAN�ES. As u�ed in th�s section,
<br /> �1} Environmental Law rneans, wi�hout �imitation, the �arnprehensxve Environmental Response,
<br /> Campensat�on and Liability A�t �CERCLA, 42 U.S.C. �601 et seq.}, and a11 ather federal, state and lacal
<br /> Iaws, regulations, ordinances, c�urt order�, attorney genera� opinrons or interpre�ive �etters concerning the
<br /> publ�c hea7th, safety, v�v�Ifare, enviranmen�or a ha�ardous substance; and��}Hazardaus Substance means any
<br /> toxx�, radioa�ti�e or ha.Lardaus material, waste, pollutant or �ontam�nan.� which has characteristYcs vvhich
<br /> render the substance dangeraus ar potentially dangervus to the public health, safety, welfatre or en�iranmen�.
<br /> The term includ�s, withaut limi�a�ion, any substance5 d�fined as "hazardous ma�er�al.," "toxic substances,"
<br /> "hazardous ,waste" ar "ha�ardous substance" under any Envir�nmental Law.
<br /> Trustor represents, warrants and agrees that:
<br /> A.Except as pre�rious�y disclosed and acknowiedged in writing ta B�neficiary, na Ha�ardous Subs�ance is
<br /> or vvil� be lo�at�d, stored or released on ar in the Property. This restri�tian does nat apply ta small
<br /> quan�i�ies of Hazardous Substan�es that are gen�ra.i�y recognized to be appropriate far the normal use
<br /> and maintenance of�he Pr�perty.
<br /> B.Except as pre�zously disclosed an.d acknow]edged in writing to Beneficiary, Trustor and every tenan�
<br /> have been, are, and sha�1 rema�n.in fu11 camp�.iance u�ith any applicabte Environmental Law.
<br /> C.Trustor sha11 immedi�t�ly notYfy Beneficiary if a release or threatened release of a H[azardous Su�stan�e
<br /> occurs Qn, under or�bout th�Property ar there is a violatian af any En�xronmental Law concernzng the
<br /> Property. �n such an event, Trustor sha11 take alI necessary remedial action �n a��ordance with any
<br /> Environmental Law.
<br /> I3.Trustor shall rmmediately notzfy Beneficiary in�vriting as saon as Trustor has reasan to be�ie��there�s
<br /> any p�nding or threatened in�estigation, clairn, ar praceeding relating to the reXease or threatened
<br /> release of any Hazardous Substanc�or�he vialation of any Environmental Law.
<br /> 1�. E�CR�W F�R TA�ES AI�TD INSIJRANCE. Unless otherw�se provided in a separate agr�ement, Tru�tor
<br /> w�.11 not be required ta pa}�ta Bene�ciary funds for Caxes and insurance in escrov�.
<br /> 13. J�Il�T'T ANI] INDIVIDUAL LIABILITY; C�-SIGI�TERS; SLTC�ESS�RS AND ASSIGI�l�S B�ITND. AXl
<br /> duties under thrs Se�urity Ins�rurnent are j oint and individual. If Trustar signs this Se�uri.ty �nstrument but
<br /> does nat sign an evid�n�e of debt, Trustor does so oza.�y ta mortgage Trus�or's intere�t in the Property to
<br /> secure pa�ment of�he Secured Debt and Trustor daes not agree t�be p�r�onally Iiable on th�Secured Debt_ If
<br /> thi� Secur�ty Ins�rument secures a guaranty between Beneficiary and Trustor, Trustor agrees to wai�e any
<br /> rxghts that may prevent Beneficiary from bringing any action or claim agaixist Trustar or any par�y indebted
<br /> under the ab�igatxon. These rights may u�.clud�, but are not lunit�d to, an�anti-deficx�nc�or ane-ac�ian iaws.
<br /> The dutzes and bene��s of thi�5ecurity Instrument shai.�bind and benefit�ie successors and assigns of Trustar
<br /> and Benef�ciary.
<br /> l�. SEVERABILITY; INTERFRETATI�N. This Security Ins�rument is complete and fully integrated. Th�s
<br /> 5ecurity Instrument may not be amended ar madi�ed by oral agreement. Any section in this Security
<br /> Instrum�nt, attachments, ar any agreement re�ated to the Secured Debt�h.at can�licts with applicable law w�ll
<br /> not be effective, unle�s that law express�y or imp�ied�y p�r�uts the �ariations by written agr�ement. �f any
<br /> section af this Security rnstrument cannot he enforced accnrding to its t�rms, that sect�an wil�be �evered and
<br /> will n�t affect the enfarceability of the remaind�r �f�his Security 7nstrum.ent. V�Ih�neve�used, the singular
<br /> �ha11 include the plural and the plural the singular. The captions and headzngs of the s�ctians of this Securxty
<br /> In�trumen� are for conveni�nce on�y and are nat to be used ta in�erpret or defxne the terms vf�his Security
<br /> Instrument. Time is of the essence i��his Security�nstrument.
<br /> 15. ST_TCCESS�R TRUSTEE. Beneficiary, at Benefic�ary's optian, may from time �o time �emo�e Trustee and
<br /> appoint a suc�essor trustee without any other form.ality,_than.the_des�gnatian xn writing. T�e suc�essor trustee,
<br /> withaut conveyance of th�Property, �ha.�l succeed ta a11 the t��.e;�pawer and du��es.conf�rred upon Trustee by
<br /> �iis Security Instrument and applicable lav�. �- �. � �
<br /> 16. �IUTI�E. '[]�nless o�herwise r�quired by Iav�, any not�ce sha11�be given by,deliveru�.g i� or by mailing it by
<br /> first class mail to the appropria�e party's addre�s an page 1 of �h�s Security Instrument, ar ta any other
<br /> address designated �n writing. Not�ce �o ane trus�ar vvill be deemed to l�e natice t� a11 trustors. Trustor and
<br /> Beneficiary h�reby request a c�py of any natice af default, and a c�py of any not�ce of saie thereunder, b�
<br /> mailed ta each party at the address for such party s��forth on page 1 of this Security Instrument.
<br /> 17. �AIVERS. E��ept ta the extent prahibited by law, Trustor waives aI� appra7sement and homestead
<br /> exemption r�ghts r�lating ta the Prop�rty.
<br /> 1S. LINE aF CREl]IT. The Secured L7ebt includes a revolving 1Yne of credxt. Althaugh th� Secured Debt may
<br /> be reduc�d to a zera balan�e, this 5ecurity Instrument v�ill remain in effect until released.
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