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2� 1 �� 1114
<br /> I�EE� �]F T�LJ�T
<br /> L�an IVo: 'l�1��3375 ��on��nu�d} Page �
<br /> Trus�ar, t�gether�ith a�l Enterest thereon.
<br /> Trusta� presently assigns to Lender �a[so known as Beneficiary in this Deed of Trust} all Qf Trust�r's right, �i�le, and
<br /> in�erest in and �o all present and future leases of �he Praper�y and a11 Rents from �h� Property. In addi�ion, Trustor
<br /> grants�a Lender a Uni�arm Commerciai Code securi�y in�erest in the Persana[ Property and Rents.
<br /> THIS ❑EED aF TRUST, INCLUDlN� THE A5S[�'NNiENT �F RENTS AND THE SECURITY tNTEREST IN THE RENTS AND
<br /> PERSaiVAL PRUPERTY, 1S G[VEN TD SE�URE {A) PAY�VIENT �F THE INDEBTEDNESS AND �B} PERF�RMANCE �F
<br /> A1VY AND ALL DBLI�ATI�NS UNDER THE IV�TE, THE RELATCD D�CUIVIENTS, AiV❑ TH1S DEED DF TRlJST. THIS
<br /> DEED aF TRUST IS GIVEN AN�3�4.CCEPTED QN THE F�LL�IN�NG TERflll�:
<br /> PAYMENT AIVD. PERF�RMAIV�E.. Exc�pt as ofiherw�se provided in this Deed of Trust, Trustor shall pay to Lender alI
<br /> amaunts secured hy this Deed a� Trusfi as they become due, and shall s�rictly and in a timely manner perform a[� of
<br /> Trus�or's o�ligations under�h� Note, �his De�d of Trust, and�he Rela�ed Documants.
<br /> P�5SE55[�N AND MAlNTENANCE QF THE PR�PERTY. Trustor agrees �hat Trustor's possession and use of the
<br /> Praperty shall he goWerned by the �allovving �ro�isions:
<br /> Possessic�n and Use. Until the o�currence af an Even� o�F Defaul�, Trus�or may {�� remain in possession and
<br /> contro! af the Property; t2� use, opera�e�r manage�h� Proper�y; and {3} colle�t the Ren�s fram the Property.
<br /> Duty to Maintain. Trust�r shall main�ain the Proper�y in tenantable c�ndition and pramptly perform aEl repairs,
<br /> replacemen�s, and maintenance nec�ssary�o preser�e its value.
<br /> Camp[iance V11ifih Environmental Laws. Trustor represen�s and warrants fi❑ Lender that: ��} During the period o�
<br /> Trus�ar'� ownership o�the Property, �here has been no use, gen�ratian, manufacture, s�arage,tr�atment, dispvsal,
<br /> release ar threat�ned rel�ase of any Hazardous 5ubs�an�e by any person on, under, a�oufi or fr�m the Proper�cy;
<br /> ��} Trustar has na knawledge of, or reason to belieWe that th�re has been, ex�ept as preWiously dis�lased to and
<br /> acknowledged by Lender in writing, tay any breach ar �iola�ion of any Environm�ntai Laws, �h} any use,
<br /> g�neratian, manufiacture, storage, trea�menfi, dispasal, r��ease or threa�ened release af any Ha2ardous 5ubstance
<br /> on, und�r, abou�r or fr�m the Proper�y by any prior owners �r oG�upants flf the Proper�y, or tc� any actual or
<br /> threatened litigation or c�aims of any [�ind �y any person relating to su�h matters; and �3� Except as pr�Wious�y
<br /> dis�lased to and acicnQ�ledg�d by Lender in wri�ing, �ay neith�r Trustar nor any�enant, con�ractor, ag�n�or other
<br /> authorized user ❑f�he Prop�rty shalf ld5�r generate, manufac�ure, stare, treat, disp�s� of❑r�elease any Hazardous
<br /> 5ubstance an, under, abou�ar from �he Pr�per�y; and {by any such ac�ivity shalf b� candu�ted in compliance with
<br /> all app��cable fed�ral, s�ate, and l�cal laws, regu�atians and ordinances, �ncludin� withoufi limitatian all
<br /> EnWi�onmentai Laws. Trus�or au�horizes L�nder and its ag�n�s to enter upon �he Property ta make such
<br /> inspections and �ests, a� Trustor's ex�ense, as Lender may d��m appropriate t� determine compiiance a� the
<br /> Prvper�y wi�h this s�ction �f the ❑eed �f Trus�. Any inspections Qr �es�s made by L�nd�r sha�l be fior Lender's
<br /> purposes only and shail nat be construed �o cr�ate any responsibili�y ar liability on th� part�f Lend�r to Trust�r❑r
<br /> to any other persan. The repres�n�ati�ns and warrant�es cantained h�r�in are based an Trustor's due dil�gence in
<br /> in�estigating �he Property �ar Hazardous Subs�ances. Trustor h�r�by �1� reieases and wai�es any future claims
<br /> against Lender for indemnity ❑r c�ntributian �n the event Trus�ar �ec�mes liabfe for c�eanup or other costs und�r
<br /> any such laws; and {�} agrees ta inclemnify, defend, and hoId harmless Lender agains� any and al� claims, Eosses,
<br /> liabilities, damages, penaltiss, and expenses which Lender may directly or indirec�ly sus�ain or suffer resulting from
<br /> a breach �f this sectian of the Deed of Trust ❑r as a consequ�nc� af any use, �enera�ion, manufa�ture, s�orage,
<br /> dispasal, releas� or�hreatened rel�ase flccurring prior to Trus�ar's ownership or interest in�h� �'roper�ky, whether or
<br /> nvt �he sam� was or shauld have be�n knvwn t� Trus�or. The provisions o�F �his secti�n o� �he Deed of Trust,
<br /> �ncluding the obligation t� indemni�y and defend, shaEl survive�he payment of the Indebtedness and the satisfac�ion
<br /> and recanveyance ❑f�he lien of this Deed of Trust and shal� not be afif�cted by Lender's acquisi�ion o�F any interest
<br /> in the Pr�perfiy, whe�her�y foreclasure or�therwise.
<br /> Nuisance, Vllaste. Trustor sha11 nat �ause, conduc� or permit any nuisance nor commit, permit, or su��er any
<br /> stri�ping �f or waste Qn or t� the Praperty or any parti�n of the Property. Withaut limiting the g�nerality of the
<br /> foregoing, Trustflr wEll not �emove, or grant to any ❑ther party the ri�ht ta remave, any timber, minerais {inc�uding
<br /> ❑i� and gas}, cval, clay, scoria, soil, gravel ❑r rocic pr�duc�s without Lender's prior written consen�.
<br /> Rem��al af�mprv�ements. Trust�r shal! na�demoiish ❑r rema�e any lmpra�emen�s fram the Real Pr�p�rty w#�h�ut
<br /> Lende�`s prior writ-�en cons�nt. As a condi�ion to th� remo�al o�any ImproWements, Lend�r may r�quire Trustor to
<br /> make arrangements satisfactory to Lender to replace such Impro�emen�s w�th ImproWements af a� least equal
<br /> �alue.
<br /> Lender's Right to Enter. Lender and Lend�r's agen�s and representati�es may en�er upan th� Rea! Property a�k ail
<br /> reasonabie tim�s tn attend to Lender's in�er�s�s and �o inspect the Real Praper�y for purposes af Trus��r's
<br /> compliance with-�he terms and ��nditions �f this Dsed of Trust.
<br /> Compfiance wrfih Gov�rnmental Requiremenfs. Trustar sha�l promptfy comply with all laws, ardinances, and
<br /> regulations, now or her�af�er in e��ect, of all go�ernmental autha�it�es applicable to the us� or o�cupancy of the
<br /> Praperty, including withaut iimitatian, �he AmerEcans With ❑isa�ilEties Act. Trustor may con�est in g�od faith any
<br /> such faw, �rdinance, or re�ulation and withho�d c�mpliance durin� any pro�eeding, incfuding appropriat� appeals,
<br /> so lang as Trustor has no�i�ied L�nder in writing pri�r to doing so and so [ong as, in Lender`s s�le opinian, Lender's
<br /> interests in �h� Pr�p�rty ar� no� �eopardiz�d. Lender may require Trus�or to pos� adequa�e securi�y ar a su��ty
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