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<br /> 11. ENVIRUNMENTAL LAWS A1�1I� HAZARD�US SLT�STANCES. As used in this sectian,
<br /> �1} En�ironmental Law means, without limitatian, �he Compr�h�nsi�e En�ironm�ntal Respans�,
<br /> Comp�nsa�ion and Liability Act �CERCLA, 42 i�.S.�. 95�� �� seq.}, and all other federal, stat� and local
<br /> laws, regu�atians, ordinances, court vrders, attorney general opinions or interpretive letters �oncerning the
<br /> public health, safety, w�Ifare, �nvironment or a hazardous substan�e; and�2�Hazardaus Substance means any
<br /> toxic, radioacti�e or ha2ardous material, waste, pallutant or contaminant which has characteristics which
<br /> render the substance dang�rous or potentiall�dangervus ta the pu�1i�health, safety, welfare ar enviranment,
<br /> The term includ�s, withQut limitation, any substances defined as "ha2ardous material," yytoxic substances,"
<br /> "hazaxdous waste" or "hazard�us substance" under any En�ironmental Law.
<br /> Trustor represents, warrants and agrees�hat:
<br /> A,Except as pre�iousl�d�sclased and acknowl�dged in writing t� B�neficiary, no Hazardous Su�stan�e is
<br /> ar wil� be located, stored or re�eased on or in the Prop�rty. This r�stricti�n d��s not apply ta sma�l
<br /> quantities of Hazardous 5ubstances that are generally recogni2ed to be appropriate for the normai use
<br /> and maintenance of the Property.
<br /> B. Except as previously disclosed and acknawl�dged �n writing tv Ben�fi�iary, Trustar and �very tenant
<br /> ha�e been, axe, and shall remain in full compliance with any applicable En�ironmental Law,
<br /> �.Trustor shall immediately natify Beneficiary if a release ar threatened release of a Hazardou� Substance
<br /> occurs �n, under Qr about the Property�r ther� is a�iolatian�f any En�iranmental Law c�nc�rning th�
<br /> Praperty. In such an e�ent, Trustor shall take al� necessary remedial acti�n in accordance with any
<br /> En�iranmental Law.
<br /> I].Trustar shall irnmed�ately nat�fy Beneficiary in writing as soan as Trustor has r�ason Co believe th�re is
<br /> any p�nding or threatened in�estigation, claim, ar proceeding relating to the r�lease or threatened
<br /> release of an�Hazardous Substance or the violatian of any Envir�nmenta�Law.
<br /> 12. ESCRQW FQR TA�ES AND I1�TSilRAN�E. Unless ath�rwise pro�ided in a separate agreement, Trustor
<br /> wi11 not be requir�d ta pay to Beneficiary funds for taxes and insurance in escrovv.
<br /> 13. J�I1�T AND INDIVIDUAL LIABILITY; CQ-SIGI�'ERS; SUC�ESSDRS AND ASSIG�'S B�UND. All
<br /> duties under this Security Instrument are�ain� and individual. If Trustar signs this Security Instrument but
<br /> do�s not sign an e��dence of debt, Trust4r does so only to mar�gage Trustor's interest in the Pr�perty �o
<br /> secure payment of the Secured Debt and Trust�r does not agree to be personally liable on the�ecured Debt. If
<br /> this Se�urity Instrument secur�s a guaranty between Bene�ciary and Trustor, Trustor agrees ta waive any
<br /> rights that may pre�ent Beneficiary from bringing any action or ��aim against Trustor vr any party indebted
<br /> under the obligat�on. These rights may include, but are not lirnited to, any anti-d�ficiency or one-activn�aws.
<br /> The duties and b�nefits af this 5e�urity Instrument shall bind and benefit the su�essors a.nd assigns of Trustar
<br /> and Benefic�ary.
<br /> 14. SE�ER.ABILITY; INTERPRETATI��T. Th�s Security �nstrument is complete an�l ful�y int�grate.ci. Th�s
<br /> Security Instrument may not be amended or mod�fi�d by aral agreement. Any section in this Securi�y
<br /> Instrument, attachments, ar any agreement related to the S�cured Debt that confli�ts with app�ica�l�law wi1�
<br /> not be effecti�e, un��ss that law expr�ssl� or impli�dly permits the �ariations b�r written agreement. If any
<br /> section of this 5ecurity Instrument cannot be enforced according to i�s terms, �Iaat section will be se��r�d and
<br /> will nat affect the enforceability af the remainder of this Security Instrum�nt. �hene�er us�d, the singular
<br /> shall include the plura� and the plural th� singular. '�he�apti�ns and headings �f the sections af this S�curi�y
<br /> Instrument are for con�enience only and are not to be used to interpret or define the terrns of this Security
<br /> Instrument. T�me is of the essence in this 5ecurity Instrument.
<br /> 15. ST]��ESS�R TRUSTEE. B�I]�f1Ci�, at Beneficiary's apt�on, may from time to time remove Trust�e and
<br /> appoint a successor trustee without any other formality than the designation in wri�ing. The successar trustee,
<br /> u�ithaut con�eyance of the Property, shall �ucceed t�all the title, power and duties conferred upon Trustee by
<br /> this Security Ynstrument and applicable law.
<br /> 16. N�TICE, unless otherw�se requ�red by iaw, any notice sha�� be gi�en by deli�rering it or by mailing it by
<br /> first c�ass mai� to the appropriate party's address on page 1 of this Security Instrument, or to any other
<br /> address designated in writing. Noti�e ta one trustor wil� be deemed tfl be notice to a11 trustors. Trustvr and
<br /> Beneficiary hereby reques� a copy of an� notice of defau�t, and a Gop� of any notice of sale thereunder, be
<br /> mailed t�each par�y at the address for such party set forth on page � of this Securit��nstrument.
<br /> 17. WAIVERS. Except tQ the extent prohibited by law, Trus�or vvai�es a�1 appraisement and homestead
<br /> exemption rights relating to the Property.
<br /> 18. LINE OF CREDIT. The 5ecured Debt include� a r��olWing line of credit. A1Chough the Secured Debt may
<br /> be reduced to a�ero balan�e, this Security Instrumen�wi11 remain in effect until released.
<br /> 5ecurity Instrumer�#-�pen-End-Cansumer-NE �CP-REOT-N� 7121201 1
<br /> VMP�gankers 5ysternsTM' VMP-C4$5tNE} �1 1 Q7y.QQ
<br /> Wolters Kluwer Fir�a�rGia�Ser�ices�1994.�d11 Page 5 af 6
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