� . , . ,
<br /> - . • . . . - • ...-. _� -. - �
<br /> � - . � , . � �-. . �_ � � � : � . - 2� 15�7�44
<br /> hazardous activ�ty a��r in conne��ion vv��h�he �'ropert�or an art.-�hereof and � ,�� �
<br /> .Y� _ , �d} �he nonc�mp�xan�e by
<br /> �ran tor or Gran�or'�fa��ure t�com pl y f u�X y a n d�t i m e�y w��h e ri v i r o n m e n�a��a�s. � . .
<br /> Finan�ia�Informa�ion. Gran�or agrees,t�su I Lender such fin.an�ial � ' � -
<br /> I�p Y and a�her xnformatl�n cancern�ng��s
<br /> affa�rs and �he�s�ai:i�s af any flf i�s asse�s as Lender,�fram �ixne �o��ime�,�may:reasonabl� �r� ues�.�Gran�or
<br /> f�u-�her agrees t� permi� Lender �o verxfy ac�oun�s as weli as�����ins ect_. �y � �
<br /> p , copy and �o examine the.baoks,
<br /> recards and�.Ies of Grantor. - � - � ' � � .
<br /> Lerider's Right to�nter.Lender or Lender's a ents�sha�I haVe�he rz�h�a � �
<br /> g g nd access��uaspec��he Prflpe�-ty at
<br /> a�I reasonab�e ��mes in �rder��o attend��o Lender's i�nterestis and ensure-com. ��ance�wi�h��he �erms��of th�
<br /> p s
<br /> Security Instrument, If�he Proper�r, or any pa�-� �h�reaf, shall.requ�re-u�spec�ion, re air`ar main�enance
<br /> vs�h�ch Gran�or has fa��ed t� pro��de, Lender after reasanable not�ce� � p �
<br /> � , may en�er upan the Propex-ty��o effe��
<br /> � su�h �bliga�xon; and the cost thereof sha�I be added to �he Indeb�edness and pa�d on Lender's deznand b
<br /> Y
<br /> Grantor. � � � �
<br /> ASSI�NMENT UF LEASES AND It�NTS.As add��ion.al se�uri�y.for the � a �nent of the�Indeb�edness an
<br /> . p Y . d�he
<br /> perf�rmance af th� cavenan�s c�n�auaed here�n, �rant�r hereby assigns.and transfers�over �o Lender a�I ren�s
<br /> income and raf�s "Ren�s" under an � ' '
<br /> . � � � y pr�sen� or future_Ieases, subleases or �z��nses of�the�Propert�, includu�
<br /> any guarantxes, extens�ons, amendments or renewals there�f, froni-�he�use of�the Pro er � � g
<br /> . . . p �y. S o_��ng as Grantor �s
<br /> not in defaul�, Gran�ar may receive, collec�and enjoy�a���en�s accruin�-fiom the'Prvperty;but not more than one
<br /> mflnth�n,ad�an�e of the due�date: Lender may also require Grantor,:��enan��and�any�o�her user!af�he Pro e ��
<br /> make payrnents of Ren�s dir�c��y to Lender.Ho�ever b rece' ' 2� � � � ' p �
<br /> . . . , y x�ulg any such paymen�s,Lender,zs not,and sha�I nat
<br /> be consid�red, an agen�for any par�y ar ent�ty.A�rty amoun�s col�ec�e�.may;at Lender's so�e�dis�re���n be�a Iieci
<br /> � ��
<br /> to protec� Lender's �nteres� x� the �Proper�,,inc�.uding but n�� Iunited ta�.�he�paymen�� of�axes and insurance
<br /> premiums and to �he Inde��edness. A� Lender's sale discre�i�n, a1� leases, subleases and l��enses must f�r
<br /> s� be
<br /> appro�ed by Lender. . � . .. :;� � -:.�. . . �_, . .
<br /> C�NDEMNATI�N. Grantor sha�l�ive Lender no�ice af an ac�ion�a�en or threa�ened
<br /> Y. �o be�aken by priva�e or
<br /> public ent��ies��appr�pria�e the Proper�y or any part�hereof,thr�u h condemna��on� eminen� ��
<br /> � . . , �.�maa.n ar any o�her
<br /> act�on.Fur�her,Lender sha�I be perm�tted�o par�zc�pa�e�r�.ntervene in any of�he aboWe described roceedua s xn
<br /> p g
<br /> a n y manner �� s ha l i a� i�s so le d�scre�ion de�ernaine. Lender �s hereh y g r v e n f u l l p�v v e r; r�g h t�a n d a u t h o r� �a
<br /> r e c e�v e a n d r e c e ip�for any an d�a 1�dama es a�ar d�d as a resul� � �
<br /> g of the full or paz-�ia��aking or�apprvpr�at�on and in
<br /> ifs sole discre�ion, to app�y said avvaxds �o the Inde�tedness, v�he�her or no���hen due ar�therwise in ac�ordance
<br /> v���h appl�cable �avv. Un�ess Lender �ther��se agrees�in.wr�ting, any app��ca�zon�of proceeds to��he Indeb�edness
<br /> shall n�fi e��end or pos�pon�.�he due da�e of�he paymen�s due under the:Indebtedn,ess or`chan e �he amaun� �f
<br /> g
<br /> such payments. - - � . . . � . . � �_ . -. � � . . . �
<br /> G�ANTUR'S ASSURAN�ES, A� an� �une, u an a ,re ues� of Lender� � � � �� � �
<br /> . �. .. q , ..,:.Grantor �r��� execute and delYver t�
<br /> Lender, and xf appr�prxa�e, �ause�o �e recorded, such fur�her mvr�gages, ass� nmen�s ass� nmen�s af�lea e�
<br /> � � s g s s a n d
<br /> r�ll�5, �5eCl1I'1� a�'ee�leri�S, pl�d ge5, finat�cit�.g S�a t e�n e n�s, �r s u c h=o t h e r �d o c u.m�n� a s-L e ri d e r m a y �r e q u�r e, Y n
<br /> L e n d e r's s a�e d z s c r e�i o n,�o e f f ec�ua�e, comp l�te an d to per fec�as vsie l���as to�c��xtinue�o preserve the Indeb�edness�
<br /> �
<br /> ar� e��en or secur��y interes�'crea�ed by�his Securi�t�r Instrument. � .� -� �. � � �; ��. �. � . - : � . .
<br /> ATTURNEY�IN-FACT. Grant�r appo�n�s .Lender as�atto�rn�e -�n--fac� on behal �� � �
<br /> .y. . f of G�antar. �f Gran��r fax�s t�
<br /> fu�fi�� any vf�ran��r's.,obligat�ans under �hzs �Securxty Instrumeri� or any Rel.ated Documeri�s, �ncludin �hose
<br /> g
<br /> obligat�ons xnent�oned-�n �he.preceduag para�raph, Lender as attorney--in-fac��may fu�fi�i.�he ob�i a�xons v�i�h�ut
<br /> g
<br /> notice�o Grant�r.This po�ver of a�torney sha1�not be affect�d by th.e dYsa��Ii�y vf the Gran�or.
<br /> EVENTS �F DEFAULT. The f�iiowing e�ents sha�� c�ns�xtu�e defaui��u.nder�this�Securi
<br /> ty �nstrument �each an
<br /> �'Event vf Default"}: � ' � � - -. � � � .
<br /> (a) - Fai�ure to make required pay�nen�s when due�under�ndeb�edness- - �� '� ��� � � .�.
<br /> �
<br /> �b} Fa�Iure ���perform�r�Ceep any af�he covenan�s of�his Secur�ty�Ins�rument or�a defau��under an af
<br /> Y
<br /> . the Re�a�ed Dac�ents; �, � � � .. -� ; -, ; .. � - ; -
<br /> � �
<br /> �c} The mal�in� �f an'y oral or°�r�tten s�a�emen� or asser��ari�a Lender�hat�s false:ar�m�sleadua in an
<br /> : . g Y
<br /> ma�erxal respect b�Gran�or or any pers�n ob��gated-on the In�ebted.ness; . ��-� �.
<br /> �d� The dea�h, dxsso�u�ion, zrisolvency,baza�crup�c��r recexvership proceeding�f Grar�t�r or of any persan
<br /> . or en��ty Q�aliga�e�on the In`deb�edness;'�� . � � .. , ._ . - � �
<br /> � . . .
<br /> �e� An�r assignmen�by Cran�or for�he bene���f Grarit�r's cred�t�rs; � ��� � � .. .-�� �
<br /> � . �f� A materia� ad�ers:e change occurs�in�he f nar�czai�cond�tian, av�nershxp or manageznent of Grantor or
<br /> any pers�n a�li�a�ed an�the Indeb�edness;or --. . : � . -� . � � � �
<br /> �g} Lender deems itse�.f irisecu.re far any reas�ri whatsoe�er. � � � : � � ��� � �� � �
<br /> . . _ . . .. - . : . . . . � , ..
<br /> REMEDIES �N DEFAUL.T. Upon �he �cc�.u-rence of an E�en� of Defaul� �Lender ma ��i�hou�. de
<br /> , �, mand or
<br /> nfltice,pay atiy ar�a�l�axes, assessmen�s,premiums, and Iiens re u�re���o lie �a�d b �ran�or e - �
<br /> , , q p y , ffe��any rnsurance
<br /> provlded f�r herein,mal�e su�h repairs, cause�he ahstracts af txtie or�����e�nsurance pa���.y�and�ax hzstaries af�he
<br /> Propert�t� be cer�if ed;t� da�e, or procctr-e n�vv abs�racts af t�t1e or�i��e�.insurance.�and tax h�s��ries �n �ase nan�
<br /> vwere furnzshed to xt, and procure��t1e repor�s;covering�he Property,-including�sur�e�s. The am�unts a�d far an
<br /> � Y
<br /> such purposes wil��e added ta the Inde�tedness and�ri1�bear 2riterest a�the ra�e af�nterest o�i.ervvxse accruing on
<br /> the Indebtedness until pa�d. 7n the event vf foreclpsure, the abstra�ts of tit�e vr ti�Ie insuran�e-shall became �he
<br /> proper�y of Lender. A11 abstr-ac�s af title, �x��e iixrsurance, �ax his�ar�es, surveys,�and other.�documents per�ai.n.in �a
<br /> �
<br /> the Inde�tedness�i1�remain_i�Lender'�possession un����1�e Tndebtedness xs pa�d in full.. � ., . � - �
<br /> IN THE�VENT�F-THE SALE QF THIS PR�PERTY UNDER TH�PR�CEDURE F�R�F�RE�L-� ,
<br /> SURE aF
<br /> A SECURITY INSTRUMENT BY ADVERTISEME1VT,AS PR�VIDED�FY A;.PPLICABLE:LA�, �R IN THE
<br /> �2��4-2015 Campliar�ce Systems,Inc.3856-CB3Q-2�15.8.4.991 � . " . ' .". � . • � • . � . .
<br /> Cammercial Real Estat�Se��rity Insfrument-Dl.�tflQ7 = ; • •. page 3 nf 5 , . . � - . � � � . �www.compliancesystems.cam
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