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2� 1 ��2184
<br /> C]EE❑ �F TRUaT
<br /> 4�o�t�nu�d� Page �
<br /> replacements,and maintenance necessary t❑ preserve i�s ualue.
<br /> CvmplianGe UVith En�ironmental Laws. Trustflr r�presen�s and warr�nts to Lender�hafi: �1} During the period o�
<br /> Trustar's ownership n�the Prvper�y,there has been no use,generatian, manufac�ure,storage,�reatment,disp�sal,
<br /> release or threa�ened reieas�of any Hazardvus Substance by any persan on, under, at�flu� or fram �he Property;
<br /> ��� Trustar has no knvwledge�f, or reason�o believe�hat there has been, excep�as p�evious�y dis��Qse�i�o and
<br /> aeknowledged by Lender in writing, �a} any breach �r �ivlation ❑f any Envirvnmen�al Laws, �b} any use,
<br /> gen�ra�ion, manufacfiure, s�vrage, tr�a�men�, disposal, re�ease ❑r�hreatened release of any Ha�ardaus 5ubs�ance
<br /> an, und�r, abou� ❑r from �he Proper�y by any priar ovvners vr occupants ❑f the Property, or ��} any actuai or
<br /> threatened litigation ar claims of any kind by any person relating ta such matfiers; and �3} Excep� as previ�usly
<br /> discl�sed#o and acknawledged by L�nder in writing, ta} neither Tru�tor n�r any tenant,cantractar, agent or��he�
<br /> auth�ri�ed user of the Praperty shaii use, generate, manufa�ture, store, trea�, dispose af or release any Ha,�ardaus
<br /> Substance an,under, about ar fram the P�operty;and tb} any such ac�ivfty shall b�conducted in Gvmp�iance with
<br /> ali appiicable federal, state, and Iocal �aws, regulat�ons and �rd�nan�es, in�lus�ing without limitat4on ail
<br /> En�irvnmen�al Laws, Trustor authorizes Lender and its agents to en�er up�n �he Property �n make such
<br /> inspe�tions and tes#s, at Trustor"s expense, as Lender may deem appropria�e to determin� compliance vfi the
<br /> Proper�y wi�h this sectian vf th� Deed of Trust. Any inspections or�es�s ma�e by L.�nder shall be�or Lende�'s
<br /> purpases Qnly and shall no�be construed �a create any respansibility vr liability an�he part vfi Lender to Trustor or
<br /> �o any❑�her person. The repr�sentations and warranti�s contained h�re�n are based �n Trus�or's due dilig�nc� En
<br /> in�estigatin� the Pr�perty fQ� Hazardvus Substances. Trustor herehy �'�} releases and waives any fu�ure claims
<br /> against Lender far in��mnity or contribu�ion in the even�Trustvr becomes I�able for cleanu�or other cos�s under
<br /> any such laws; and �Z} ag�ees tv �ndemnify,�efend, an�i hol�! harm4ess Lende�against any and all claims, I�sses,
<br /> liabi�ities, damages, penaities, and�xpenses which Lender may d�rec�ly or indirectly sustain vr su�Fer resulting from
<br /> a breach af�this section ❑f the Deed of Trus�❑r as a c�nsequenc�afi any use, genera�ion, manufac�ure, sta�-age,
<br /> �isposal,release or th�ea�ened release�ccurring prior t❑Trustor`s ownership or interest in the Property,whether or
<br /> no� �he same was or sh�uld ha�e been known tv Trusta�-. The prv�isions �f this section vf�he Deed af Trust,
<br /> including the obligat��n ta indemnify and defend,shall suryi�e�he p�ymen�❑�the Indeb��dness�nd the satisfacti�n
<br /> and recanveyance❑f the��en of�his Deed v�Trust and shall nat be affected by Lender's acquisitivn of any interest
<br /> �n�h�Properky,wheth�r by forecl�sure or vtherwise.
<br /> Nuisance, Was�e. T�-us�or shaff not �ause, conduct or permi� any nuisance nor commit, p�rmi�, or suffer any
<br /> s�r�pping vf or waste an or to the Property ar any pvr�ion of the Property. Withvu� limifiing �he generali�y o�the
<br /> fareg�ing, Trustor will no�rem��e, �r gran�to any o�her party the right to �emove, any�imber, mine�als�tncluding
<br /> oil and gas},coal,clay,scoria, �oil, gra�el or ro�k products without Lende�-'s privr written cansent.
<br /> Remo�al of Impr��emen�s. Trustor shall na�dem�lish or remoue any lmpro�ements from�he Real Property withou�
<br /> Lender's pr��r written consent. As a condition�o the remn�al ❑f any 1mpr��emenfs, Lender may require Trusto�to
<br /> make arrangements satisfa�tvry �o Lender �❑ repiae� such impr+avemen�s wi�h Imp�a�em�n�s af a� least equal
<br /> va�ue.
<br /> Lender`s �ight fo Enter. Lend�r and Lender's agents and repres�n�ative� may enter upon the R�al Property at a�l
<br /> reasonable times tv at#end to Lender's interests and �a inSpe�t the Real Praper�y fo�r pu�poses of Trustar's
<br /> complian�e with the terms and conditions a��his ��ed afi Trust.
<br /> Compliance with �o�ernmental Requiremen�s. Trustor shafl prom�tly comp�y wrth al! faws, ard�nances, an�
<br /> reguiativns, now ar herea�ter in effect, ��a[I go�ernmental au�hori�ies app�icabie ta the use ❑r vc�upan�y ❑�the
<br /> Praperty, including w�thvut limitation, �he Americans V11i�h Disa�ilities Act. Trustvr may contest in gafld faith any
<br /> such �aw, ❑rdinance, or re�u�a��on and wit�hald compliance during any proGeeding, including appropria�e appea�s,
<br /> so�ong as Trustar has notif'red Lender�n writing prior to doing sa and sn long as, in Lender's sole op�nian, L�nder's
<br /> �nt�res�s in the Prpperty are not je�pardized. Lender may require Trustor ta post ad�qua�e security vr a surety
<br /> bond, reasona�ly satisfactory t�Lender,#a protec�L�nder's interes�.
<br /> Duty to Pr��ect. Trustor agrees neither ta abandon nr #ea�e unattended�he Property. Trustor sh�ll do al1 oth�r
<br /> ac�s, in addi�ion ta�hase a��s set fnrth aba�e in tnis secfiian,which from the character and use of�he Praper�y are
<br /> reasr�nably necessary tp pr��ect and pres�rve the Property.
<br /> TA]�ES AND L�E�tS, The following prvvsssons rela�sng �a tre taxe$ and 4iens an �he Pr�perty are pa� of this Dee� nf
<br /> Trust:
<br /> Paymen�. Trustor shall pay when due�and in all events prior to d�lin�uency}all taxes,special taxes,assessments,
<br /> charges �including wate�-and sewer}, fines and 'rmpos�tians levied against❑r on account vf the Property, and shall
<br /> pay when due a�l claims far�wvrk dane on or�ar services rendered or material '�urnished t❑ the Praper�y. Tr�ustor
<br /> s�a�� maintain the Prvperty free of al�liens having pri�rity av��r❑r equal to the interest af Lender under th is Qeed o�
<br /> Trus�, except fvr the lien of taxes and assessments n�t due and except as otherw�se pr�a�ided �n this Deed ❑f
<br /> Trust.
<br /> Right to Con#est. Trustvr may wi�hho�d payment of any�ax, assessment, or claim in connec�ian w�th a good faith
<br /> dispute over the obl��ati�n to pay, s❑long as Lend��-'s �nfierest in the Properiy is no�jevpardiz�d. !f a lien arises or
<br /> is filed as a resul� ❑�F nonpayment, Trus�vr sha�i wi�hin ��f�een �'15} days after the lien arises qr, if a 1�en is fiied,
<br /> wi�hin fifteen t��} days a�ter Trustor has notiCe of the fi�ing, secure�he dis�harge of�he �ien, ❑r if requested by
<br /> Lender,dep�sit with Lender cash or a sufficient cvrpora#e sure�y bond or vther security satisfac�ory t❑ Lender in an
<br /> amount suffi��ent�o discharge the�ien pfus any casts and attorneys'fiees, ❑r❑�her charges fhat c�uld a�crue a�a
<br /> �-esuit vf a fareciosure❑r sa�e under the lien. fn any cvntest, Trustar shali d�fend itself an�1 Lender and shafl sati�fy
<br /> any adverse�udgt�ri�r�t befivre enforcernen�against the Prop�rty. T�ustor shall name Lender as an additianal obfigee
<br /> under any sur�ty bvnd�urnish�d in the�vntes�proGeedings.
<br /> Evidence flf Paymen�. Trustar shall upon demand fiurnish t❑ Lende�satisfa�tary e�idence o�payrr�ent of the taxes
<br /> or assessments and shall au�h�rize the app�opriate gavernmental afficial to deli�er ta �.ender afi any time a wr�tten
<br /> s�atement af the�axes and assessmen�s against fihe PrQperky.
<br /> Not�ce of Construcfiion. Trustvr shall noti�y Lender at least fi�teen �'15} days before any w�rk is Gommenced, any
<br /> services are furnished, ❑r any materials are suppiied t❑ the Properry, if any mechanic's lien, ma�erialmen`s lien, or
<br /> ather lien cauld be asserted on account o���e wo�-k, services, or materfals. Trusto�-w�ll upon request o� �ender
<br /> furnish �o Lender ad�an�e assuran�es satisfac�ory to Lender that Trustor can and wiil pay �he cvst ❑� such
<br /> impro�ements.
<br /> PR�PERTY DAMAG� rNSURAh1GE. The f�llowing prov�sians relating to �nsuring fhe Prnper�y are a part of this Deed a�
<br /> Trust.
<br /> Main�enance of [nsurance. Trust�r shall procure and maintain palicies of�ire insurance with standard extended
<br /> cv�erage endo�sements on a �air �alue basis for the full insurable �alue �overing all fmprQ�ements on �he R�al
<br /> Proper�y in an arnoun� su�ficient ta avo�d applicatsan of any cainsurance clause, and wfth a standard mortgagee
<br /> ciause in�a�vr❑f Lender. Trustvr sha�l also pra�ure and maintain cvmpreh�ns��e generai ��abifity insurance in such
<br /> co�erage am�unts as Lender may request wi�h Truste� and Lender being name� as additianai insureds in such
<br /> liabili�y insurance pal�cies. Addi�ivnally, Trus�vr sha�i main�ain such ❑�her insurance, including but nat ��mi�ed to
<br /> hazard, business interruption, and boiler insurance, as Lender may reasvna�ly require. Po��cies shaf� be wr�tten in
<br /> �vrm, amaunts, c��erages and basis r�asonably acceptable to Lender and issued tay a campany ❑r �ompanies
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