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2� 1 ��25�4
<br /> L�EED �F TRU�T
<br /> .
<br /> Lnan No: 1�'[��5�95 ��ont�nue Pags �
<br /> a�soiute �r con�ingent, liquidated or unliquidated, whether Trust�r may be liable indi�idual�y or �oin�ly with 4��'1�G'�'Sr
<br /> whether obligated �s guarantor, surety, accommoda�ion par�y or otherwis�, and whether r�eco�ery upon su�h amoun�s
<br /> may be❑r hereafter may become barred by any statut�of limi�a�inns, and whe�kh�r the ablEgation to repay such am�unts
<br /> may be or herea�t�r may t�e�ome otherwise unenforceaf�le. If the Lend�r is required to gi�e no�ice�f�he right to cancel
<br /> under Truth in Lending in connection wi�h any additionai laans, extens�ons vf credifi and other Eiabili�ies or�bligations of
<br /> Trustar t❑ Lender, then�his Deed of Trus�shall n�t secure addi�ional Ioans �r ab�iga�ions unless and un�il such notice is
<br /> g��en.
<br /> FUTURE AC�VANCES. �n addition t�th� No�e, this Deed o#Trust secures all fu�ure ad�ances made �y Lender�a Trustor
<br /> wh��her flr not the advances are made pursuan� to a commitment. Sp���fically, withvut limitatian, this Deed of Trust
<br /> secures, in addition �o th� amoun�s specified in �he Note, all �u�ure amounts Lender in its discretion may �oan ��
<br /> Trustor,�agether vuith a[I interest th�reon.
<br /> Trustor presently assigns to Lender �alsa known as Benefi�iary in this Deed of Trust} a�l of Trus��r's righ�, tit�e, and
<br /> interest in and t� al! present and future leases �f �he Proper�y and all Ren�s fram the Praper�y. ln addi�ion, Trus��r
<br /> grants�v Lend�r a Unifarm Commercial Gode s�curi�y interest in th� P�rsonal Property an�1 Rents.
<br /> TH�S ❑EED ❑F TRUST. INCLUQIN� THE ASS[GNMENT �F RENTS AND THE SECURITY INTEREST' IN THE RENTS AND
<br /> PERS�NAL PR�PERTY. !S GfVEN TQ SECURE �A� PAYNIENT 4F THE INDEBTE�3NESS AND {S� PERF�RMANGE �F
<br /> AIVY ANQ ALL 08L1�IaTIC�NS UNDER �THE N�TE, THE RELAT'ED a�CUMENTS, AND TH1S DEED �F TRUST. THIS
<br /> DEEI]�F TRUST' lS GI11EN►4N�ACCEPTED aN THE FDLLa1NING TERNiS:
<br /> PAYMENT AN�3 PERF�RMANCE. Ex��pt as oth�rwise pr�vided in �his Deed vf Trust, TrustQr shail pay ta Lender al1
<br /> am�unts secured by this Deed o� Trust as they �ec�me due, and shall stricfily and in a timely manner per#orm all �f
<br /> Trustor's obli�ations unc�er the Nv�e, �his Deed of Trust, and�the Re�ated aacuments.
<br /> P�SSESSI�N I�ND MAINTENANCE (3F THE PRC]PERTY. Trus�or agrees that Trustar`s p�ssession and use of the
<br /> Property shall be gv�erned by the f�ilowing pr�visions:
<br /> Pvssess�on and Use. Unti1 �h� �ccurrence of an Even� of Defaulfi, Trustor may ��� remain in possess�vn and
<br /> control of�he Pr�perty; f�� use, operate Qr manage�he Property; and �3} cvlle�t the R�nts from the Pr�p�r�y.
<br /> ❑uty �o fVlain�ain. T'rus�or shall maintain �he Proper�y in �enantable c�ndi�ion and promptly perform all repairs�
<br /> repla�ements, and mainfenan�e ne�essary to preserWe its�alue.
<br /> Compliance W11ith Environmental Lawsd Trustor represents and warrants t❑ Lender that: ��y During �he period of
<br /> Trustor's ownership�f�he Pr�per�y, �here has been n� use, gen�ratian, manufac�ure, storage, treatmen#, disposal,
<br /> release or �th�eatened release o� any Ha�ardous Substance by any person on, unde�, about vr tram �he Property;
<br /> {�� Trustor has no knowledge o�F, or reason ta believe �hat�here has been, except as pre�iously disclosed to and
<br /> acknowledged �y Lender in writing, �a} any �reach or Wiola�ion of any EnWironmental Laws, �by any use,
<br /> gen�ratEon� manufacfure, storage, �rea�men�. disposal, release vr threatened re�ease of any Ha�ardous Substance
<br /> on, under, about ar firam �h� Proper�y by any priar owners or occupants of the Prop�r�y, �r (c� any actual o�
<br /> threatened litiga�i�n ar �faims o�f any kind by any person relating to such matters; and �3} Except as pre�iously
<br /> disclased to and acknowledged by Lender in writing� �a} n�ither Trustor nor any�tenan�. cvntractar, agent or other
<br /> autharized user of the Prnper�y shal� use, gen�rat�, manufacture, store, treat, dispose of�r release any Hazardous
<br /> 5ubstance on, under, abaut or�r�m�he Pr�perty; and {b� any such actiWity shal� be condu�ted in c�mpliance with
<br /> all app�icahfe federa�, s�ate, and Ivcal �aws. regulations and ❑rdinances, inciuding without limitation al!
<br /> Envir�nmental Lawse Trustor authoriz�s Lender and its agents �v enter upon �he Pr�perty t� make su�h
<br /> inspe�tivns and tests, at Trustar's �xpense, as Lender may deem appropria�e to determin� �ompliance of the
<br /> Proper�y with this sectivn of the De�d o�r Trust. Any inspe�tions or tes�ts made by Lender sha�l be �ar Lender's
<br /> purpas�s only and shal� not be cons�rued �to create any resp�nsibiiity or liability on the part vf Lender to Trus�ar or
<br /> t� any o�her person. The representat'sons and warran�kies cantain�d herein are based an Trus�or's du� diligenc� in
<br /> in�estigating th� Prap�rty far Hazardous Substances. Trustar hereb}r �1) releases and ►rvai�es any future �laims
<br /> a�ainst Lender �F�r indemnity or con�ributian in the event Trustor be�omes �ia�al� for cleanup ❑r other cos�s under
<br /> any such la�rvs; and ��y agrees t❑ indemnify, defend, and hold harmless Lender agains�any and a�l claims, losses,
<br /> liabilities, dama�es, penafties, and �xpenses which Lender may dire�tly or indirect{y sus�ain or su���r resulting �From
<br /> a breach ❑f this sec�ion ��the �eed of Trus� ar as a consequence vf any use, generation, manufac�ure. starage,
<br /> disposal, rel�ase or�hreaten�d release�ccurring prior to Trustor's ownership or interes�in th� Property, whe�her or
<br /> nat the same was or shoufd haWe been known to Trust�r. The pro�isions afi this sec�ion of the Deed of Trust,
<br /> includin�the obli�ation ta indemnify and de�end, shall survi�e the payment af�he Indebtedness and �he satisfaction
<br /> and reconveyance �f�he l�en o�this Deed ofi Trus� and shail no�be affected by Lender's acquisi�ifln af any interest
<br /> in the Property, whether�y f�recl�sure or otherwise.
<br /> Nuisan�e, Vllaste, Trustor shall not cause, conduct or permit any nuisan�e nor commit, permit, ar suffer any
<br /> s�ripping �� or was�e on or ta th� Praperty or any portson of the Prvperty. Vll��hau� limiting the generality of the
<br /> foregoing, Trustor will not remQ�e, or grant to any other par�y the right ta remo�e, any t�mber, minerals �inciuding
<br /> �i!and gas}, caa�, c�ay, scoria, snil, graWel or rock pr�ducfis without Lender's pri�r writ�en consenfi.
<br /> Remvval o�f lmprQ►remenfs. Trustar shali no�demolish �r rema�� any[mprv�ements fram�he Real Property without
<br /> Lend�r's prior writ�ten c�nsent. As a condition ���he rema�a! a�any Impravemen�s, Lender may require Trus�or�to
<br /> make arrangements satisfact�ry to Lender �v replace such Impr��ements with Impravements af at least equaf
<br /> �alue.
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