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2� 1 ��2�28
<br /> �]EE[3 �F TRUST
<br /> �Ct�tl�lnued� Page 2
<br /> replacements,and maintenance necessary�o preserve its value.
<br /> ComplianGe Wifh En�ironmenta# Laws. T�-us�ar represents and war�-ants to Lender tha�: {'i} ❑uring the perivd of
<br /> Trustor's nwnersh�p of the Property,there has been no use,gen�ra��on, manufa�ture,s�vr�ge,trea�men�,dispasal,
<br /> reiease or thr-eatened release of any Hazardous Subs�ance by any persan ❑n, under, abvut ❑r�ram the Properly;
<br /> �2} Trust�r has no knowledge of, or reasvn�o be��eve that there has been, except as previvusly dis�losed �fl and
<br /> acknowledged by Lender in writing, �a} any brea�h or �iolati€�n afi any En�irflnmentai Laws, �b} any use,
<br /> generation, manufac�ure, storage, treatment, disposal, release qr threatened release af any Ha�ardous Substance
<br /> on, under, abou� or from the Prvper�y by any prior ❑wners or accupants of the Proper�y, or �c} any actua� or
<br /> �hreatened litiga���n or claims of any kind �y any person relating to su�h matters; and �3} Except as pre�iously
<br /> d�sclflsed tv and acknowledged by Lender in writing, ta} neither Tn.�stor nor any�enant, con�ra�tar,agent❑r other
<br /> authori�ed user v�the Property shall use, generate, manufacture, ��are, �rea�, dispase of❑r release any Hazardous
<br /> Substance on,und�r, abou�or�rom�he Praperty;and �b} any such ac�i�ity shall be cvnduc�ed�n complianc�wi�h
<br /> all app[icahle federal, sta�e, and l�cal laws, regulat�vns and vrdinances, including withnu� lim��atian all
<br /> En�iranmenta� Lav►�s. Trustor authorizes Lender and i�s agen�s tv enter upon �he Praperky to make such
<br /> inspe���ons and tests, a� Trustor's expense, as Lender may de�m appropria�e �a determine c�rnpliance ❑f the
<br /> Proper�y w�th th is sec�ion af�he Deed ❑f Trus�. Any inspectivns ar tests made by Lender�hall be for Lender's
<br /> purposes❑nly and shall no�be construed tv create any respons�b�li�y vr lia�ili�y on�h� parfi o�Lender#v Trustor or
<br /> to any other person. Th�representations and warranties �an�ained her�in are based on Trustar's due dili�ence in
<br /> in�es�igating the Prop�rty for Ha�ardous Substances. Trustar hereby �'!} releases-and wai�es any future claims
<br /> agains� Lender far �ndemnity or�ontributivn in the e�en� Trustvr becvmes �iable for cleanup ❑r other costs under
<br /> any such laws; and 4�} agrees to indemn�fy, defend, and hald harmless Lender against any and a[I claims, Iosses,
<br /> liabilities, damages, penalties, and expenses which L�nder may direc�ly ar indirectly susfiain ar suf�er resu�ting frvm
<br /> a breach o�this se�tion 4�the Deed of Trust or as a cvnsequence o�any use, generation, manufacture, s�arage,
<br /> disposal, release or#hreatened release ocGurring priar to Trusfvr's vwnership❑r in�eres�in th�Property,whether❑r
<br /> nat the same was or shnuld have been knawn t❑ Trus�or. The provisions a��his sectian �f the Qeed af Trust,
<br /> in�luding�he abligation to indemnify and defend,shall survi�e the Raymen�a�the Indeb#�dnes�and the sa��sfaGtion
<br /> and�e�on�eyance vf the lien vf this Deed❑f Trust and shall not be affected by Lender's a�quisition❑f any�nfieres�
<br /> in th�Praperty,whether by fvrec�osure ar o�herwise.
<br /> Nuisance, Waste. T�-ustor shall not cause, cvnduct or perm'rt any nuisance nor comm�t, perm�t, ar sui�er any
<br /> stripping ❑f or vvaste an ar t❑ the P�aperty ❑r-any pnr�ian ❑f the Property. 1Ni�hout �imi#ing the gener�lity o�the
<br /> f�regoing, Tru�tar will na�remc�ve, ❑r grant t❑any v�her party�he right to remv�e, any��mber, minerals�including
<br /> oil and gas�,caa�,clay,scar�a,soil,gravel ar rock prvducts withvu�Lender's privr written consent.
<br /> Remaval of�rnprovements. Trustvr shall nfl�demolish ar remove any lmprovements from the Rea�Praperty wi�hout
<br /> Lender's pr�or written cansenfi. As a candition to the rema�al af any lmpra�emen�s, Lender may require TrustQr t❑
<br /> make arrangements satis�a�tory ta Lender �o replace such �mpro�ements with lmprvvemen�s of a� least equal
<br /> �af ue.
<br /> Lender's Right tv Enter. Lender and Lender's agents and representati�es may enter upan the Real Prap�rty at all
<br /> reasonable times �❑ a�tend ta Lender's interests and ta inspect the Rea� Praperky ��r purpvses o� Trustvr's
<br /> �omplianc�with �he terms and c�ndi�ions of this Deed of Trus�.
<br /> Gompl"rance with Gv�ernmental Requirements. Trustvr shall prompfly c�mply with a�l laws, ordinances, and
<br /> regula�ions, now ar h�rea�ter in e�rect, �f all gvvernmen�al au�hori�ies applicable �o �he use or occupanGy af�he
<br /> Property, including wi�hout limitation, the Ameri�an�VIli�h Disabilities Act. Trus�or may cantes� in good faith any
<br /> such �aw, ordinance, or regulativn and withhafd cvmpliance during any prviceeding, including appropriate appea�s,
<br /> so Ivng as Trustor has notified Lender in writing priar to dving sQ and sa long as, in Lender's so�e opinivn, Len�er's
<br /> interests in the Property are not je�pardized. Lender may require Trust�r tv pvs� adequate secur��Iy or a sure�y
<br /> b�nd, reasanably satis#act�ry t� Lender,ta pro�ect Lender's interest.
<br /> Du�y #o Prate��. Trus�ar agrees neither to abandan ❑r iea�e unattended the Praperty. Trustar shall dv al� other
<br /> acts, in addition to fihose acts set farth ab��e in�his sectian,which from�he character and use of the Property are
<br /> reasanab�y necessary ta pratect and preser�e fh�Property.
<br /> TAXES AND LIEiVS. Th� fvllowing pro�isions r�lating t� #he taxes and liens nn the Property are part ❑f this Deed o�
<br /> Trust:
<br /> Payment. Trustor shal# pay when due�and in all e�ents pria�ta delinquen�y}all�axes,specia�taxes, assessments,
<br /> �harges �including wa�er and sewer}, fines and impvsiti�ns fevied agains��r on aGcoun�Qf the Proper�y, and shall
<br /> pay when due all cfaims for wvrk done on vr far serviGes rendered�r ma�erial furnished to �h� Prvperty. Trustar
<br /> shall ma�ntain the Prvper�y�ree❑f afl f�ens having priority vver or equa!t�the inte�-est of�.ender under this Deed o�
<br /> Trus�, �xcept fnr the �ien of taxes and ass�ssments not due and excep� as atherw�se pro�ided in th is D�ed fl�
<br /> Tru sfi.
<br /> IRight to Cvnt�st. Trustar may withhold paymen�of any tax, assessment, vt��laim in canne�tion wi�h a govd�ai�h
<br /> dispute aver the obliga�ion to pay, so Ivng as Lender's interes�in the Property is not jeopardi�ed. !�a lien ar�ses ar
<br /> �s �iled as a resul�v� nonpayment, Trustvr shall within ff�een �'�5} days a�ker the lien arises or, i# a li�n is fi�ed,
<br /> wi�hin fifteen �'!5� days a�ter Trus�or has no�ice c�f the f ling, secure the discharge af the lien, or i� �-equested by
<br /> L�nde�,deposit wi�h Lender cash or a suf�icient cvrpvrate sure�y band ar other securiiy sa�isfactary�v Lender�n an
<br /> amourr�sufficien�to dis�harge the�ien p�us any cos�s and attarneys'�ees, �r oth�r charges tha�cauld accrue as a
<br /> resul�of a farec[osure or sa[e under the�ien, in any cantest, Trustar shall defend itse�f and Lender and sha��satisfy
<br /> any ad�erse judgmen�befvre enforcemen�agains�the Prvperty. Trus�or shall name Lender as an addi�ional obligee
<br /> under any sure�y bond furnished in the contes�praceedings.
<br /> Evidence of Payment. Trustvr shall upnn demand furnish tv Lender sa�isfact�ry e�idenGe❑f paymen�o�the�axes
<br /> vr assessments and shall authvrize�he appropria�e gvvernmental ❑f�iciaf�v deliver�a Lender at any��me a wri�en
<br /> statemen�vf the taxes and assessments against the Praperky.
<br /> N�tice of Canst�uction, T�-ustvr shall nvtify Lender at least frf�een �'�5} days befare any wvrk is cammenced, any
<br /> se�v�ces are�u�'nished, ar any materia�s are supp�ied ta �he Properiy, if any mechanic's lien, ma�erialm�n's lien, or
<br /> o�her lien c�uld be asserted on account v��he work, services, ar materials. Trustor will upan reques�vf Lender
<br /> furnish ta Lender ad�ance assurances satisfactary ta Lender that Trustor can and wilf pay the cvst of such
<br /> impro�ements.
<br /> PR�PERTY DAMA�E INSU#�ANCE. The fvlfvwing pravisivns relating to insuring�he Proper�y are a par�❑f this Deed o�
<br /> Tru s�.
<br /> Ma'rnt�nance of lnsuran�e. Trustor shall procure and �-nain�a�n pnlicies vf fire �nsurance with standard ex�en�ed
<br /> co�erage endarsements❑n a replacement basis for the full insurable �alue co�ering a�l lmprv�emen�s an the Rea�
<br /> Prvp�rty in an amoun�suffic�ent ta avoid app�icativn p� any cainsu�-ance c�ause, and wi�h a s�andard mortgagee
<br /> cfause in fa�or of Lender. Trustor shall a�s�p�-acure and rnain�ain cvmprehens�ve general I�ability insurance in such
<br /> co�erage amvunts as Lender may request with Trustee and Lender being named as additivnat insureds in such
<br /> ��abili�ky insurance policies. Additi�nal�y, Trustar shall maintain such flther insurance, including but not limited to
<br /> hazard, business interruptian, and bviler insurance, as Le�der may reasvna�ly requir�. Pvlicies shall be w�-i�ten in
<br /> fvrm, amvunts, caverages and basis reasQnably accep�able ta Lender an� issued by a �vmpany or companies
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