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2� 1 ��2151
<br /> DEED C]F �RU�T
<br /> �C��ltinued} Page �
<br /> gene�atian, manu�aCtur�, storag�, treatm�nt, disposal, release ar threatened re[ease vf any Hazardaus Substance
<br /> on, under, abaut or from th� Property by any prior owners or occupants of the PrQpe�y, ❑r �c} any actua[ ar
<br /> threatened litigativn or c�aims vf any kind by any person relating tv such maffers; and �3} Except as pra�iously
<br /> disclased�o and acknowledged by Lender in writing, �a} nei�her Trus�or nor any tenant,contrac�or,agent ar other
<br /> authvrized user of the Prvperty sha[I use,generats, manufacture,store,treat, dispose vf ar release any Hazardaus
<br /> Subs�ance on, under, about ar from th�Prvperfy;and �b} any such acti�ity shall be cvnducted in�ompliance with
<br /> all app[icable f�deral, state, and lacal [aws, �-egufa�ions and ordinances, inc[uding withou� IimitatEon al[
<br /> En�ironm�ntal Laws. Trustar authorizes Lender and �ts agen�s to enter upon �he PrQperty #a make such
<br /> inspeGtions and tes�s, at Trusfivr's expense, as Lender may deem appropriate tv determine camp[iance of the
<br /> Prop�rty with this se�tion vf�he Deed of Trus�. Any inspec�i�ns vr tests made by Lender shafl be fo� Lender's
<br /> purposes only and sha[[ nat be cons#rued tv create any respvnsibility ar[iabil`rty on the part of Lender�o Trustor or
<br /> fia any ather persan. The represen�a�ions and war�anties confiained here�n are bas�d an Trustar's due diligence En
<br /> 'rn�es�igating the Prvper�y�Fvr Hazardous Substances. Trust�r hereby �1} releases and wai�es any future cfaims
<br /> against Lender for ind�mnity ar cantributian in the �v�nt Trustvr becnmes [iable for c[eanup ❑r ather�as�s under
<br /> any such laws; and �2} agr��s ta indemnify, defend,and ha�d harmisss Lender against any and a[1 claims, lasses,
<br /> [iabifities, damages, pena[�i�s, and expenses which L�nder may directly�r indirectly sustain or suf�er resuE�ing fram
<br /> a breach af this section o�the Deed o�Trust or as a��nsequen�e a�any use, generation, manufacture, starage,
<br /> disp�sal, rel�ase or threatened release�ccurring prior to Trustor's awnership�r in��rest in the Property,v►rhether or
<br /> not the same was Qr should have b�en known �o Trus�ar. The pro�isions a�this sec��vn v�the Deed a�Trus�,
<br /> inc�uding the obliga�ion to indemnify and def�nd,shall survive the paymen�of the Indebtedness and the satis�action
<br /> and recan�eyance of the[ien af this Deed❑f Trus�and shall not be a�feGted by Lender's acquisifiian❑f any�nteresf
<br /> in the Property,whether�y f�reclosure ar atherwise.
<br /> Nuisance, Waste. Trustv� shall not cause, conduc� or permit any nuisance nor� commit, permi�, ar su�fer any
<br /> s�ripping of or wasfe on ❑r ta the Properfy vr any pvrtion vf fhe Properiy. VIli�h�u� limi�ing �he genera�i'�y o�F th�
<br /> forego�ng, Trus�or wEl! not remove, ar grant to any o#her party the rEght to remove, any timber, minerals{including
<br /> o�f and gas},coal,clay,scvria,svil, gra�el ar rock products withaut Lender's pri�r wri€ten consen�.
<br /> Removal v�impravements. Trus�ar shall nat demoiish❑r remv�e any impro�ements frvm the Real Praperty withou�
<br /> Lende�'s prior written cvnsent. As a canditian�o the re�norral v�any Imprv�emen�s, Lertder may require Trusfor to
<br /> make a�angements satisfactory to Lender #o replace such Impro�ements with impra��ments of at least equal
<br /> value.
<br /> Lender's Righ�to Enter, Lender and Lender's agen�s and representatives may en�er upvn the Rea[ Property a#al�
<br /> reasanable times to a�tend ta Lender's interests and to inspect fhe Real Property far purposes of Trustvr's
<br /> �omp[iance with the terms and canditions o�this Deed o�F Trus�.
<br /> Compliance with Go�ernmenfal Requirements. Trust�r sha[l prvmptly comply v►ri�h al� laws, ordinanc�s, and
<br /> regu�a�ions, now vr hereafter in effe�t, vf al[ gav�rnmenta[ authorities appf i�able �a the use or vccupan�y of'�he
<br /> Proper�ty, incfuding wi�hout fimi�at�on, the Americans Vllith Disabi[ifies A��. Trustor may cvn�est in goad faifh any
<br /> such law, ardinance, or regulation and wi�hho�d compEiance dur�ng any prviceeding, in��uding apprvpriate appeals,
<br /> so long as Tn.is��r has no�ifed Lender in wrifing prior tv doing so and so�ong as, �n Lender's svle�pinion, Lender's
<br /> int�res�s in �he Praperty are not jeopardi�ed. Lender may require Trustor �o post adequate security or a sure�y
<br /> band, reasonably sa�isfac�ory to Lender,�o profec�Lender�s interest.
<br /> Du�y to Prate�t. Trus�ar agrees neither to abandon ❑r [ea�e unattended the Pro�erty. Trustor shall do all other
<br /> aG�s, in addi�ion�o those ac�s se�fvr�h abvve in�his sec�ion,wh��h from�he character and us�o��he Prvp�rty are
<br /> reasQnab[y nec�ssary�v pratec�and pres�rve the Property.
<br /> TA�CES AND LiENS. The fallawing pro�isions r�lating to the taxes and �iens on fhe Prv�er�y are pa�t of this Deed of
<br /> Trust:
<br /> Payment. Trustor shall pay when due�and in a�l�ven�s prior to delinquency}all�axes,speciaf taxes,assessmen�s,
<br /> charges (inc[uding wa�er and sewer}, fines and impvsitivns le�ied against or on ac�ount of the Property, and shall
<br /> pay when due all claims for work done on or for services rendered or material €u�-nished to the Praperty. Trustor
<br /> shall main�a�n�he Prvperty free vf alf liens ha�ing priority over or equal�o the in�eresf of Lender under�his Deed af
<br /> Trust, excep� fvr the lien af �ax�s and assessments nv� due and except as v�herwise pro�ided in this �eed of
<br /> Trust.
<br /> R�ght tv Cantes�. Trustor may withhold payment of any�ax, assessment, vr claim in connectiQn w�th a govd faith
<br /> dispu�e a�er the abligativn to pay, so long as Lender's interest in the Pr�perty is nv�jeopardized. If a lien arises ar
<br /> is filed as a resuft of nanpayment, Trustar shall within ff�een �15} days after the I�en arises ar, if a �i�n is fi[ed,
<br /> within fif�een �15) days a�ter Trus�or has notice �f the�iling, secure the discharge of the lien, ar if requested by
<br /> Lender,depasit with Lender cash or a suffic�en�carpara�e surety bond or other securi�y satisfacfary ta Lender in an
<br /> amvunt sufficient tv discharge the lien plus any costs and attorneys'fees, �r o�her charges that could accrue as a
<br /> �e�ult af a fvr�closure vr sale under the lien. In any contes�, Trus�or shall de€end itself and Lender and shall satis�y
<br /> any ad�erse judgmen�before enfarcemenf aga'rnst�he Property. Trus�or shall name Lender as an additic�nal ob�igee
<br /> under any surefy bond furnished in�he�onte�t prviceedingS.
<br /> E�idence af Payment. Trusto�-shall upon demand furnish to Lender satisfaG�ory e��dence vf payment o�the taxes
<br /> or assessmen'�s and sha[[ au�hvri�e the appropriate ga�ernmental o�ficial�a del��er tv L�nder at any time a written
<br /> sfa�ement of�he faxes and assessments agains�the Property.
<br /> NvtiG� of Cvnstruc�ian. Trustor sha[[ nofify Lender at leas�fif�een 4't 5} days be�are any wark is�ommen�ed, any
<br /> serviGes are furnished, ar any materiais are supp[ied fio the Property, if any mechanic`s lien, materia[men's[ien, or
<br /> ofiher[ien cvuld be asserted on account of�he wvrk, serv�ces, or materials. Trus�vr►nril[ upon request af Lender
<br /> furnish #o Lender ad�ance assurances sa�isfactory fo Lender fha� Trus�or can and will pay #he ca�# af such
<br /> i m pro�emen�.s.
<br /> PR�PERTY DA�IAGE INSLIRANCE. The fo[[vwing pr4�isians re[ating�a insuring the Property are a part af this Deed o�
<br /> Trust.
<br /> iVlain�enance of Insurance. Trustor sha[[ procure and mainta[n policies vf fire insurance rrvith standard exfended
<br /> cv�erage endorsements on a replacem�nt basis�ar the�ull insurable�aCue covering a[I Imprfl�ements vn �he Real
<br /> Prvperty in an amount su�Fic�en� to a�oid application of any coinsurance �lause, and wi�h a s�andard mo�tgagee
<br /> clause in fa�or of Lender. Trusfior sha[[alsa procure and main�airt comprehensi�e general liabi�i�y insuran�e in such
<br /> �o�erage amaun�s as Lender may r�quest with Trustee and Lender being named as addi#�vna[ insureds in su�h
<br /> liabili�y insurance policies. Additianally, Trustor shal� maintain suGh ��her insurance, inc[uding bu� not limited to
<br /> hazard, business inferrupti�ns and boiler insurance, as Lender may reasonably require. Policies shal[ be w�itten En
<br /> form, amaunts, cv�erages and basis reasona�a�y ac�eptable tv Lende�- and issued by a �ompany or cvmpan�e�
<br /> reasanab�y acceptable to L�nder. Trustor, upon request vf Lender, wi[I deli�er to Lender frvm �ime #o �ime the
<br /> po�icies or certiffcates of insuran�e in fvrm sa'�iSfacfory fa Lender, including s�ipulations that coverages wil! nvt be
<br /> canGelled or d�minished w�thout at least thirty�3�} days p�ior written nv�tice to Lender. Ea�h insurance po[icy als�
<br /> shall Enciude an endors�menfi praviding that caverage�n fa�vr of Lender wiil nof be impaired in any way by any act,
<br /> vmissivn or default of Trust�r❑r any other person. 5hould�he Real Properfy be l�cated in an area designated by
<br /> the Adminis#rator❑f the Federal Eme�gency Managemen�Agen�y as a special�lvod hazard area, Trust�r ag�ees to
<br /> obtain and rnainfiain Federal Flood Insuran�e, if ava�lable, for the full unpaid principal balance of the Ioan and any
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