Laserfiche WebLink
� 2� 15�7525 <br /> 7 6. EXPENSES;ADVANCES�N C�VENANTS;ATT�RNEYS'FEES;C�LLECTI�N C�STS.Except <br /> , when prohEbE�ed by�aw,Trustoragreesto payall of Beneficiary's expenses ifTrustor�reaches anyco�enant <br /> in this SeCu�ity lnstrument.Trustor will also pay on demand any amount incurred by Beneficiary for <br /> insuring,inspe�ting,preser�ing or atherwi5e protecting the Praperty and BeneficEary's security interest. <br /> These expens��will bear interest fram the date of the payment until paid in fu1!at the highest interest rate in <br /> effect as pro�ided in the terms flf the Secured❑ebt.Trustvr agrees t❑pay a!1 costs and expenses incurred by <br /> Beneficiary in collecting,enforcing vr protQcting Beneficiary's rightsand remedies underthis 5e�urity <br /> Instrument.This amvunt may inc�ude,but is nat limited to,attarneys'fee�,court cost�,and�ther legal <br /> expenses.This Se�urity lnstrument shall remain in effe�t unti!released.Trustor agrees to pay fvr any <br /> recvrdativn cvsts of such release. <br /> 17. ENVIR�NMENTAL LA1N5 AND HAIARD�US SUBSTANCES.As used in this se�tivn,{1} <br /> En�ironmental Law rneans,without limitation,the Comprehensi�e En��ronmenta!Respan�e,Compensation <br /> and Liability Act�CERCLA,42 U.S.C.9601 et seq.},and all other federal,state and local�aws,regulations, <br /> ordinances,court orders,attarney general opinions or interpreti�e letters concerning the publEc health,�afety, <br /> we�fare,en�ironment ar a hazardaus sub�tance;and 42}Hazardaus Substance m�ans any toxic,radioacti�e or <br /> hazardous material,waste,pol�utant or contaminant which has characteristics whi�h render the substan�� <br /> dangerous or patentiallydangeraustothe public heaith,safety,welfarevren�iranment.Theterm includes, <br /> without limitati�n,any substances defined as"hazardaus ma�erial,""toxic substances,""hazardous waste"or <br /> "hazardaus sub�tan�e"under any En�ironmenta!Law. <br /> Trustor represents,warrants and agrees that: <br /> A. Except as pre�iously dis�fosed and acknowledged in writing to Benefi�iary,no Hazardous Substan�e is <br /> ar wifl be Iv�ated,stared or released�n or in the Property.This re�triction does n�t apply to small <br /> quantities❑f Hazardous 5ubstances that are generally recognized to be appropriate for the narma�use <br /> and maintenance of the Property, <br /> B. Except as pre�iousiy dis�losed and acknowledged in wr+ting t�Beneficiary,Trustor and every tenant <br /> ha�e heen, are, and sha11 rernain in ful� compliance with any appli�ab�e En�ironmental Law. <br /> C. Trustnr shall irnm�diately notify Benef�ciary if a release❑r threatened release of a Hazardous Substanee <br /> accurs on,underoraboutthe Prop�rtyorthere is a�ia(ation of any En��ror�rnental Law con�ernir�gthe <br /> Praperty.In such an e�ent,Trustor shal!take all ne�essary remedial a�ti�n in accordance with any <br /> En��ronmental Law. <br /> D. Trustarshall immediateiy notify Benef'r�iary in writing as soan asTrustor ha5 reason ta belie�ethere is <br /> any pending orthreatened in�esti�ation,elaim,or proceed�ng relating tathe re�ease orthreatened <br /> release of an�Hazardous Substance ar the�iolation of any En�ironm�ntal Law. <br /> 18, C�NDEMNATI�N.Trustor wil�gi�e Ben�ficiary prompt noti�e of any pending or threa�ened a�tion,by <br /> private ar pub�ic entities to purchase ar take any or all of the Proper�y thraugh�ondemnation,eminent <br /> domain,o�any other means.Trustor authorizes Beneticiary to inter�ene in Trustor'S name in any of the <br /> abv�e described ac�ions or claims.Trustar assigns tc�Benefitiary the proceed�of any award vr claim fvr <br /> damage�connec�ed with a condemnativn�r other taking of all or any part of the P��perty.Su�h p�oCeeds <br /> shal{be can�idered payments and will�e applied as pro�ided in this Security Instrument.This assignment of <br /> proceeds is subje�t to the terms of any prior mor�gage,deed af trust,security agreem�nt or other lien <br /> document. <br /> 19. INSURANCE.Trustor shall keep Pr�perty insured against Ioss by fire,f�aod,theft and other hazards and <br /> risk�reasona�ly assvciated with the Prvperty due to its type and la�at�on.This insurance sha�l be maintained <br /> in the amounts and for the periods that Beneficiary requires.What Beneficiary requires pursuan�to the <br /> pre��ding two senten�es ean Change during the term vf the Secured Debt.The insurance carrier pra�iding the <br /> insurance shall be�hvs�n by Trustor subject to Benefieiary's appro�al,whi�h shaf!not be unreasonably <br /> wi�hheld.If Tru�tar fails tn rnaintain the c��erage described abo�e,Beneficia�y may,at Beneficiary's op�ion, <br /> abtain�o�erage to pratect BenefiCiary's rights in the Praperty ac�ording to the terms of this Seeurity <br /> �nstrument, <br /> �page 5 of 7} <br /> _1994 WQ#ters Kluwer Financial 5ervices-Bankers 5ystems * Form USB-REDT-NE 1�Il fi12Q"�� - L- <br />