Laserfiche WebLink
� 2� 15�84�4 <br /> �3EE� �F TRUST <br /> Loan No: 'l�'i��D498 ��ontirlued} Page Z <br /> secures, in addit�vn �a the amounfis specified in the Nate, a!E fu�ure amounts Lender in Fts discrefiion may Ivan �v <br /> Trus�or,tage�her with all interes�therean. • <br /> Trus�vr presently assigns tv Lender �als❑ known as geneficiary in this �eed af Trus�� all ot Trustor`s right, ti�le, and <br />: in�erest in and �� ali presen# and futu�-e leases o� the Property and ail Rents �rom the P�-operty. In addi#ivn, Trus�or <br /> gran�s to Lender a Uniform Cvmmercial Code security interest in fihe Personai Praperty and Ren�s. <br /> TH15 DEED DF TRUST, INCLUDING THE ASSlGN1�JlENT�F RENTS AND THE SECURITY INTEREST iN THE RENTS AND <br /> PERS�NAL PR�PERTY, 1S GIVEN TD SECURE {A} PAYNiENT �F THE INDEBTEDNESS AND �B� PERF�RMANCE �F <br />� ANY ANa ALL OBL�GATI�NS UNDER THE NOTE, THE RELATED D�CUMENTS, AND TH15 DEED aF TRUST. TH�S <br />� DEED DF TRiJST 15 GIVEN AND A�CEPTE❑ DN THE F�LLOV1f[NG TERNiS: <br />! PAYlIJlENT AND PERFaR�IIIANCE. Except as otherwise provided in �his ❑eed of Trust, Trustor shall pay to Lender all <br />� amvunts secu�ed by this Deed of Trust as they became du�, and shall strictly and in a tEmely manner per�orm all af <br /> Trustar's o!�l�gati�ns under the No�e,this L�eed of Trus�, and the Related Documents. <br />; P�SSESS��N AND MAINTENANCE �F THE PRqPERTY. Trustvr a�rees thafi Trustvr's possession and use �f the <br /> Property shall be go�erned l�y the�Fvllowing pro�isions: ' <br />� Possessivn and Use. �n�il �he accurrence o� an E�en� o� Defiaul�, Trustvr may {�� remain �n possession and <br />� <br /> contrvl of the Property; ��} use, ❑perate or manage�he Property; and {3} callect the Rents fram the Property. <br /> Duty to llrlain�ain. Trustor shall maintain �he Properky in tenantable condi�ion and pramptly perform alI repairsr <br />, replacements, and main�enance necessary to preser�e�ts�alue. <br />; Compliance Wi#h En►rirvnmen#al Laws. Trustor represenfis and warranfis �❑ Lender�hat: �1} ❑uring the peri�d af <br /> Trustor's ownership o�the Prop�rty,there has been no use, generation, manu�acture, storage,�rea�men�, disposal, <br /> release ❑r�hrea�ened release ❑t any Hazardous Substance by any person vn, under, abvut or firom the Property; <br /> ��} Trustor has no knowledge ❑f, ar reason�v bel�e�e that�here has been, ex�ept as pre�iously disclosed to and <br />� acknowledged by Lender in writing, �a} any breach or �iala�ivn of any En�iranmen�al Laws, {b� any use, <br /> � generation, manufacture, s�orage, trea�men�, disposal, release or�hreatened release �� any Hazardous 5ubstance <br /> �n, under, about or fram the Praper�y by any prior owne�-s or accupants o� the Property, or {c� any actuaf or <br /> threatened litigation ❑r claims of any kind by any person rela�ing ta such mat�ers; and �3� Except as pr��iously <br /> disclosed to and acknowledged by Lend�r in wri�ing, �a} nei�her Trustar nor any tenant, contractor, agent or vther <br /> au�h��-ized user❑f the Proper�y shall use, gen�rate, manufacture, store, -�rea�, dispose of ar release any Hazardvus <br /> � Subs�an�e ❑n, under, abou�❑r fram the Prap�rty; and {b� any such act��ity�shall be conducted in compEiance with <br /> all applicable fiede�-ai, state, and lacal laws, r�gulations and ordinances, inc[uding withvut �imita�ion all <br />; . En�ironmental Laws. Trustar autharizes Lender and its agents to �nter upon �khe Property to make such <br /> inspec�ions and tesfis, at Trustvr's expense, as L�nder may deem appropriafie fiv de�ermine campliance of the <br /> Praperty wEth �his section of�he De�d of T�-ust. Any �nspecti�ns �r tests made by Lender shail �e for Lender's <br /> purpvses only and shall not be construed�❑ create any responsibility or�iability on the part o�F Lender fio Trustor or <br /> to any other person. The represen�ations and warranties confiained herein are based on Trus�or's due diligence �n <br /> in�estigating the Property for Hazardous Substances. Trus�or hereby {�} releases and wai�es any future claims <br />: against Lender fvr indemnity or cvntribution in -�he e�ent Trustor becomes liable fo�- cleanup ❑r vther cvsfis under <br /> any such laws; and �2y agrees to indemnify, defend, and hold harmless Lender agains�any and a!I claims, I�sses, <br />. liabilities, damages, penalties, and expenses which Lender may direc�ly or indirect[y sustain or su�fer resulting �rom <br /> a breach ❑��his secfiion of the Deed of Trust ❑r as a consequence o� any use, gen�ration, manufacfiure, sfivrage, <br /> dispasal, release❑r threa�ened release occurring prior�o Trustor's�wnership ar interes�in the Prvperty, whether or <br />� no�t fihe same was vr should ha�e heen known to Trustar. The prv�isions of �his sectivn o� the Deed of Trust, <br /> inc[uding�he obligation tv indemnify and defend, shall surviWs the paymen�v�f the lndebtedness and�he sa�isfacti�n <br /> and recon�eyance o�the fien a�f this Deed o�Trus�k and sha�! no��� affec�ed by Lender's acquisitivn vf any interest <br /> in the Property,whether by�areclosure or❑therwise. � <br />. �Nuisance, Was#e. Trustor sha!! not cause, conduc� or permit any nuisance nvr commi�, permit, v�- su��e� any <br />� strEpping of or waste on or�o the Property or any por�ion ��th� Property. Vtili�hout limit�ng the generality af the <br />, fivregoingf Trustvr will nvt remo�e, or grant to any vther party�he right to remo�e, any tim}�er, minerals �including <br />; ❑il and gas�, coal, clay, sc�ria,svil, gra�el or rack praducts without Lender's prior written consent. <br /> �Removal vf Imprv�ements. Trustor shall na�k demolish or rema�e any Impr��ements from the Rea! Prvperty with�ut <br />; Lender's privr wri-�ten consent. As a candifiivn�v the rem��al o�any lmpro�ements, Lender may.requ�re Trustar ta , <br /> make arrangements satisfactory tv Lender ta replace such Impro�emen�s with lmproWements ❑f a� least �quaE <br /> �alue. <br /> Lender's Right to Enter. Lender and Lender's agents and.representatives may enter upon the Real Property at all <br />� reasonab�e times �k❑ at�end �ko Lender's interests and �o inspec� the Real Property �or purposes of Trustor's <br /> cvmpliance with the terms and conditivns of�his Deed❑f Trust. <br />� Compliance with Go►►ernmental Requirements. Trus�kor shall promptEy comply with all laws, ordinances, and <br />� regu�ations, now ar hereafter in e��ec�, o� aE� ga�e�-nmenfial authorities applicable t❑ the use ar vccupan�y a�the <br /> Prvperty, including without limitation, the Americans Wi�h ❑isabilities Act. Trus�vr may cvn�est in goad fai�h any <br /> su�h iaw, ❑rdinance, ar regulatian and withhold cvmpliance during any pr�ceeding, including appropriate appeals, <br /> s❑ Iong as Trustor has nvtified Lender in wrifiing prior fio daing s❑ and sv long as, in L�nder's so�e vpinivn, Lender's <br />