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201508167
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Last modified
7/21/2017 2:04:45 PM
Creation date
12/2/2015 8:59:22 AM
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DEEDS
Inst Number
201508167
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2� 15�81 �7 <br /> 37. Subardinat�on of Pro ert Mana er's Lien.Ar�y property manager for the Mortgag�d Pr�p�rty <br /> shall agree to a "no �i�n" �7�'�V1S1DI7 Whereby the pr�perty manager waives and releases any and a�� <br /> mechanics' lien rights that the property manager �r anyone c�airning b�, through �r under the pr�perty <br /> manager may have. <br /> 38. S�curity A�re�ment ar�d Financin�..5tatement. <br /> �a� Trustor and Lender agree: �i� that this Ir�strument sha11 constitute a S ecurity <br /> Agreemer�t�vithin the meanxr�g of the Unif�rm Commercxa���de as adopted in the state in wh�ch the <br /> Land is located,as amended or modified from t�me to t�m��the"Code")with respect to all sums on <br /> deposit With Lender pursuant hereto ("Deposits"� and with r�spect t� any pr�perty included in the <br /> def�n�tion here�n of the word"Mortgaged Property;"(ii}that a security�nterest�n and to the I]epasits <br /> is hereby granted to the Len�ler;and�iii�that the Depas�ts and all�f Trustor's right,t�t�e and interest <br /> th�rein are h�r�by collatera�ly assigned t� Lender; a11 to secure pa�rn.ent and p�rformance �as <br /> applicahle� of the Secured�bligat�ons. <br /> �b� Up�n the occurrence of any Event of Defau�t hereund�r, Lender, pursuant t� the <br /> appropr�at�provisions of th��ade,sha��have an aption to proce�d�vxth respect to the real property <br /> in accardance with its rights,p�wers and remedies with r�sp�ct to the rea�property,�n�hich event <br /> the defau�t provisi�ns of the �nd� sha�l not app�y. <br /> �c} Trustor shall,from time ta time,upan written request of Lender and at Trustar's s��e <br /> cost,de�iver to Lender: such further financing statements and securit�documents and assurances as <br /> Lend�r may require,to th���.d that the liens and security int�rests created hereby sha11 be and remain <br /> perfected and�pr�tect�d�n accardance with the requirements of any present�r future �aw. <br /> 39. Com�liance vvith En�ironmental Laws. In add�tion to a11 ather pr�visi�ns of this Instrument, <br /> Trustor,at its cost and e�pens�,shall camply vvith a���a�vs,statutes,ardinances,rules and regulations of an� <br /> gavernm�ntal authority�"�dgency"�having jur�sd�ctxon thereaf concern�ng�nvironmental matters,including, <br /> hut n�t Iimited to,any d�scharge�Whether before or after the date�f this Ir�strument�inta the air,vvaterways, <br /> sewers, sail�r graund v�rater or an�substanc�or"pollutant".Lender and i�s agents and representat��es shall <br /> have acce�s ta the Mortgaged Prop�rty upon reasonable advanced natice t� Trust�r (such access nat t� <br /> ur�reasonably interfere vv�th the activ�ties of Trustar upon the Mortgaged Property� and t� the bao�s and <br /> rec�rds �f Trustor and a�.�occupant of the Mortgaged Pr�pert�r claiming under Trustor for th�purpose of <br /> ascertaining the natur�of th�activities be�ng�onducted thereon and to determine th�type,k�nd and quantxty <br /> � �f all products,materia�s and substances br�ught onta the Mortgaged Property or mad�or pr�duced th�r�on. <br /> Trustor and a11 occupants of the M�rtgag�d Property clarming under Trustor or Trustor's benefxciary sha�� <br /> pr�vide to the Lend�r co�ies of a11 manzfests, schedu�es, correspondence and other docum�nts of a�] types <br /> and kinds v�hen f��ed or pravided to an Agency or as such are received from any Agency. Lender and its <br /> a�ents and representatives shal�have the right ta take sam��es in quantity sufficient for scient�fic analysis�f <br /> all products, mater�a�s and substances present an the Mortgaged Property �nc]udin�, but not l�mited t�, <br /> samp�es of products,materia�s or substa��ces brou�ht onto or rnade or pr�duc�d on t�e Mortgaged Property <br /> by the Trust�r, or an��cupant cla�ming under Trustor or�therv�ise present on the Mor�gaged Property. <br /> �5 <br /> t�'�r�j 1{)7VJ'��77� ����� <br />
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