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2� 1 �� 1721
<br /> DEED �]F TRUST
<br /> Loan Na: ��'I 2943 7 7 �Cont�nued� Page 2
<br /> secures, in addi�ian ta the amounts specified in th� Nate, a!� future amounts Lender in its discre�ion may [oan t❑
<br /> Trustvr�tvgether w�th aIC inter�st thereon.
<br /> Trustar presently assigns �o Lender {also known as Bene�Fic�ary En �hi5 ❑eed of T�usfi} all o� Trustor's right, fiitle. and
<br /> interes� in and �o all present and future leas�s of the Prvperty and al! Rents �rom the Property. ln addition, Trus�or
<br /> grants t� Lender a Unitorm Cvmmercial Code security in�erest in�he Personai Proper�y and Rents.
<br /> THIS DEED DF TRUST, lNCLUDING THE ASSIGNMENT DF RENTS AND THE SEGURITY INTEREST iN THE RENTS AND
<br /> PERSaNAL PR�PERTY, �5 GIVEN T� SECURE {A} PAYlVIENT �F THE INDEgTEDNESS AtVD �6} PERF�RNlANGE aF
<br /> ANY AND ALL �gL�GATI�NS UNDER THE N�TE, THE RELATED D��UMENTS. AND TH�S DEED �F TRUST, THlS
<br /> DEED�F TRUST IS GIVEN AND A�CEPTED�N THE FOLL�WING TERN[5:
<br /> PAYNIENT AND PERF�RMANCE. Except as a�herwise pro�ided in this aeed ❑�Trust, Trust�r sha�i pay tv Lender aE�
<br /> amvunts secured by �his �eed of Trust as they be�vme due, and shali strictly and in a timely manner per��rm a�� �f
<br /> Trus�vr's abEigations under the Na�e,this Deed n�Trust, and fihe Refa�ed Documents.
<br /> P�5SE5510N AND MAINTENANCE �F THE PR�PERTY. Trustor agrees �ha� Trus�ar's p�ssess�vn and use of the
<br /> Prvper#y shali be go�erned by�he foE�owing prv�isians:
<br /> Possession and lJse. Until the occurrence of an E�ent ot Defaul�, Trustar may ��� remain in possessi�n and
<br /> control of the Property; {2� use, ❑perate or manage�he Property; and �3y colle�t the Rents from the Property.
<br /> Duty to Maintain. Trusfiar shaE[ main�aEn the Property in tenantable condi�ion and pramp�ly per�Form ai! repairs,
<br /> replaGements, and maintenance necessary to preser�e i�s�afue.
<br /> Gvmpliance Wi#h En►►iranmental Laws. Trus�or represents and warrants to Lender that: {1� During the period of
<br /> Trus�or's awnership of the Property,�here has been no use, genera�ion, manufacture, starage, treatmen�. disposal,
<br /> rslease or threafiened releas� of any Hazardous Subs�ance by any persvn an, under, about ar �ram the Property;
<br /> �2� Trustor has nv knawledge �f, or reason to befie�e that the�e has been, except as previvusly disclnsed to and
<br /> a�know[edged by Lender in writing, �a} any br�ach or �io�a�ion ❑f any En�ironmenta� Laws, �by any use,
<br /> generativn, manufacture, s�orage, treatment, disposal, r��ease or �hreatened release at any Hazardous Suhstance
<br /> ❑n, under, abou� ar frvm �he Praperty by any prior owners ar accupants of the Property, or �cy any actua� vr
<br /> �hreatened litiga�ion ❑r claims of any kind by any person relating ta such matters; and {3� Except as pre�iously
<br /> disclased to and ac[�nvwledged by Lender in wr�ting, �a} neither Trustor nar any tenant, �ontrac�or, agent vr other
<br /> authori�ed user a�the Proper#y sha�� use, generate, manufac�ure, store, �reat, dispose ❑f❑r release any Hazardvus
<br /> Substance on, under, ab�ut�r from�he Properfiy; and �b} any such actE�ity shal� be cvnducted in compliance with
<br /> a[I appl�cable federa[, sfia�e, and lacal iaws, regu�ations and ordinances, including without limitation al!
<br /> Environmental Laws. Trus�or authorizes Lender and its agents to enter upon the Properfiy to mak� such
<br /> inspec�ions and tests, a� Trus�or's expense. as Lender may deem appropriate �o det�rmine compliance ot the
<br /> Prvperfiy with #his s�ctian a�F the ❑eed vf Trust. Any inspectEons or tests made by Lender shall he far Lender's
<br /> purpvses on�y and shall nat be construed to c�reate any responsibility or [iahiiity an the part of Lender to Trus�or or
<br /> ta any a�her persvn. The represen�atians and warran�ies cvn�ained herein are based on Trustor's due diEigence �n
<br /> in�es�igating �he Prvperty for Hazardous 5ubstanc�s. Trustor hereby ��} releases and wai�es any �uture claims
<br /> against Lender tor indemnity ar cvntribution in the e�ent Trustor.becomes liahle for c[eanup ❑r other cosfis under
<br /> any such �aws; and �2} agr�es to indemni�y, defend, and hold harmless Lender aga�nst any and alC claims, Iflsses,
<br /> iiabilities, damages, penalties, and expenses which Lender may direc�ly❑r indirectly sustain vr su�#er resuiting�rvm
<br /> a br�ach of fihis section of the Deed vf Trust ar as a consequence v� any use� genera�ion. manufacturer storage,
<br /> dispasal, reiease or-�hreatened re�ease❑ccurring prior ta Trusfiar's awnersh�p nr interest in tha Proper�y, whether a�
<br /> not �he same was ar should ha�e been known tv Trus��r. The pra�isivns of this sec�ion ❑f the Deed of Trust,
<br /> inc[uding the abligation to ind�mnify and def�nd, shal�sur�i�e the payment o�the indebtedness and the sa�is�activn
<br /> and re�on�eyance o�the lien of this Deed o�Trust and shall not be a��ected �y Lender's acquisition of any interest-
<br /> in the Proper�y, whether by farec�osure or vthe�wise.
<br /> Nuisance, Was#e. Trustar shaf[ nv� cause, conduct or permit any nuisance no� commit, permi�, or suf�er any
<br /> stripping of or wasts on or ta the Prvp�rty o�- any par�ion of the Pr�pe�-ty. Withvu� IimEting the generaiifiy v�the
<br /> torego�ng, Trus�or will not rema�e, ar grant to any oth�r party the right tn rema�e, any timber� minera[s �including
<br /> vii and gas}� cval, clay� scoria, soil, gra�e!or rock products without Lender's prior written consent.
<br /> Removal of Impro►►emen#s. Trust�r shall not dema[ish vr rem��e any Improvements#ram the Real Property withvu�
<br /> Lender's privr wri�ten cvnsent. As a condifiion to the rem��ai a�any lmpro�ements. Lender may r�quire Trustvr to
<br /> make arrangements satisfactory to Lender to �eplace such [mpro�ements with Impro�emenfis a� a� least equa[
<br /> Walue.
<br /> Lender's Right to Enter. Lender and Lender's agents and representati�es may enter upon ths Rea! Prvperty at all
<br /> reasvnable �imes to attend �v Lender's interests and �o inspec� the Reai Property•for purposes �f Trustor's
<br /> complianc� wi�h the terms and condi�ions of this Deed af Trust.
<br /> Cvmpliance wi#h Governmental Requirements. Trustor sha�i promptly comply with al! laws, ardinances, and
<br /> regulations, now ar hereafter in effect, of alI go�ernmental authorifiies applicabie tfl the use or vccupancy v� the
<br /> Properfiy, including withaut limitatE�n� the Ame�icans 1Nith Disabi�ities Act. Trustor may cantest in gaod faifih any
<br /> such �aw, ardinan�e, ar r�gulation and withhold compiian�e during any prviceeding, including appropriate appeals,
<br /> so [ong as Trus�or has nvti�ied Lender in writing prior to doing sv and sa �ang as, in Lender's sole❑pinian, Lender's
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