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2� 1 �� 1 �79
<br /> DEE[] �F TRUST
<br /> Loan No: 1 a'l�9�427 ��ontinued� Page �
<br /> DEED�F T�UST IS G1VEN AND ACCEPTED�N THE F�LL�WING TERIVIS:
<br /> TRUST�R`� REPRESENTATIaNS AND VIlARFfANTlES. Trustor warrants that: �a} this D�ed af Trust is executed at
<br /> Borrower's r�quest and nv� at ths reques� of Lender; �b} Trustor has the full power, right, and authority to en�er into
<br /> this Deed ��Trust and to hypathecate the Property; tc} �he pro�isians a� �h�s D�ed of Trust da nat canflic� with, �r
<br /> result in a �efau�t under any agre�ment vr other instrument �inding up�n Trus�ar and do nvt r�sul�t in a Wiolation of any
<br /> law, regulatian, court decr�e or order applicable to.Trustar; �d} Trustor has es�a�lished adequate means af obtaining
<br /> �rom Borrawer on a continuing basis information about gorrawer's finan�ial condition; and {e} L�nd�r has rnade nv
<br /> representation t❑Trustar about Borrow�r �in�fuding withou� limitatian the creditworthiness of Barrower}.
<br /> TRUSTaR'�WA�VERS. Trustor waiWes alf rights or defens�s arising by reason af any "one actian" or "anti-deficiency"
<br /> law, or any ��her law which may pre��n� Lender from �ring�ng any ac�ion against Trus�or, in�lu�ling a claim f�r
<br /> deficiency�o the extent L�nder is otherwise entitle� to a claim f�r d��iciency, before vr afi�er Lender's commencement
<br /> or complet�vn of any foreCl�sure a��ion, �ither�udicial[y ar by exercise of a p�wer of sale.
<br /> PAYIVIENT AN� PERFaRMANCE. Except as atherwise provided in �khis Deed of Trust, Borrower shall pay to Lender afl
<br /> Indebtedness s�cured by this Deed o� Trust as it becomes due, and Borrow�r and Trust�r shall perform al1 �heir
<br /> respecti�e abligatians under the Note, this ❑eed of Trust, and the Related ❑ocumen�s.
<br /> P�SSESSf�N AND MAiNTENANCE DF THE PR�PERTY. B�rrower and Trustar agree that B�rrower's and Trust�r's
<br /> possessi�n and use of the Proper�y shall be���ern�d by the follo�nring provisions:
<br /> Posse�sion and Use. Until the Qccurren�e o� an E�ent of Default, Trus�or may �1� remain in possessivn and
<br /> cvntrof 4f th� Prop�rty; �2� use, operate ar manag�the Pr�perty; and 43} collect the Rents�rom the Property.
<br /> Duty t� Il!la�nfiain. Trustnr shall main�ain the Property in t�nantab�e �ondition and prvmptly perform all repairs.
<br /> replacements, and maint�nan�e necessary tv preser�e its value.
<br /> Comp�iance Vllifih En�iranmental Laws. Trus�ar r�pr�sents and warrants to Lender�hat: {1} During the periad vf
<br /> Trusto�'s ownership of�he Property, ther� has b�en no use, generafiian, manufacture, s�orage, treatm�nt, dispasal,
<br /> release ar threatened release af any Hazardaus Subs�ance �y any persan an, under, ab�uf �r �rom the Property;
<br /> {�� Trustnr has no knawledge af, �r reas�n to belie�e that there has �een, except as pre�iausly discbsed to and
<br /> acknvwledged hy L�nder in wri�ing, {a� any k�reach Qr �ivlation of any En�iranmental Laws, �by any use,
<br /> g�nera�ivn, rnanufac�ure, starage, trea�ment, dispflsa�, re[ease ❑r threatened release af any Hazardous Substance
<br /> on, ur�der, ahQut ar from the Prop�rfiy by any prior own�rs ar �ccupants o� the Property, ar �c} any a�tual or
<br /> threa��ned litigatian or claims of any kind by any person rela�ing t❑ such matters; and t3� Except as pre�iously
<br /> disclosed ta and acknowledged by Lender in writing, {a} neither TrustQr nor any tenant, contrac�or, agent or oth�r
<br /> authorized user❑f th� Proper�y shall use, �enerate, manufacture, store, trea�, dispose of or rel�ase any Hazard�us
<br /> Subs��nce on� under, about�r fr�m the Praperty; and �b} any such acti�ity shalf he cvnduc�ed �n�omp�iance with
<br /> al� app�icab[e federal, state, and 1oca1 laws, r��ulati�ns and ordinances, including wiYhout limita�ian all
<br /> Envir�nm�ntal Laws. Trustor authori�ss Lender and its agents to enter upon the Prop�rty �a make such
<br /> inspe�tions and tests, at Trust�r's expense, as Lender may deem apprapriate to det�rrnine cvmpliance of the
<br /> PrQperty with this sectian �f the �eed of Trust. Any inspectians or ��sts made by Lender shall be �For Lender's
<br /> purp�ses �nly and shall not �e �ons�rued to create any r�spansibility or liab�lity�n�he part of L�nder ta Trus�tvr ar
<br /> to any other persan. The represen�ations and warranties con�azned herein ar� based vn Trustor's du� dil�genc� in
<br /> inv�stigating the Prope�ty �or Ha�ardaus Substances. Trustar hereby ��� releases and wai�es any future claims
<br /> against Lender fa� in�emnity or contr�bu�i�n in the �Went Trustor b��omes liabl� �or cl�anup ar ather �asts under
<br /> any such laws; and {2} agrees t� indemnify, d�f�nd. and hold harmless L�nder agains�any and all claims, Iosses,
<br /> liabilities, damages, penalties, and expenses whi�h Lender may direc�ly or indirectly sus�ain or sutf�r resultEng from
<br /> a breaGh af this ssction of th� Deed of Trust or as a cvnsequence af any use, gen�ration, manufacture, starag�,
<br /> dispasal, releas�ar threatened release accurring prior to Trustor's ownership or interest in the Property, whe�her vr
<br /> not the same was or sh�uld have been known to Trustore Th� pr�visions of this section of the Deed of Trust,
<br /> including the�bligation t� indemnify and def�nd, shall sur�ive the payment ot the �nd�bt�dness and the satisfa�tion
<br /> and r�con�eyance ❑f�he li�n of�his ❑eed afi Trus�and sha11 no� be a�Ffected by Lend�r's a��uisition of any in�erest
<br /> in the Pr�per�y, wh�ther by fiare�losure nr�therwise.
<br /> Nuisance, Vllaste. Trustor sha�� not caus�, conduct ar permit any nuisanc� nor cammit, permit, or suffer any
<br /> stripping ❑f or waste nn ❑r �❑ �he Property or any parti�n of �he Property. VVithout limiting the generali#y �f the
<br /> foreg�in�, Trustor wilC no�t remaWe, or grant ta any other party the right to remo�e, any timb�r, minerals {includin�
<br /> oi[and�as}, coal, ciay, scoria, soil, gra�ef nr rock produc�s wi�khaut Lender's prior wr�tt�n consent,
<br /> R�moWal ❑�Improvements. Trustor shall not demolish or rema�e any lmpro�ements fr�m �h� Real Proper�y without
<br /> Lender's priar written consent. As a c�nditian to the remo�al of any Improv�men�s, Lender may require Trustor to
<br /> . make arrangements satisfactory to Lender tv repla�e such Impro�ements wi-�h Imprv�emenfis of at least equa�
<br /> value.
<br /> L�nder�5 Righ�to En�er. Lender and Lender's agen�s and repr�sentat��es may enter upon the Real Praperty at all
<br /> reasanabl� times ta attend to Lender's Enterests and to inspect ths Real Property for purpases of Trustor's
<br /> c�mpiiance with the terms and can�litions of tnEs Qeed of Trus�.
<br /> �ompliance with Go�ernmen�a[ Requiremen#s. Trustar shall promptly cornply with all laws, ordinancesf and
<br /> regufa�ions, now or hereafter in ef�ect, af all governrnen�al authvrities app�icable to �h� use or oc�upancy o# the
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