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2� 1 ��3�2�
<br /> DEE� �F TRUST
<br /> Lvan Nv: 'i�"I���9�� ��o�ltirlued� Pag� 2
<br /> pAYMENT AN� PERF�RMANCE. ExGept as o�herwise pro�ided in this Deed �� Trust� Trustor sha�l pay to L�nd�r ali
<br /> amaunts se�ured by this Deed v� Trust as th�y becvme due, and shail strictly and in a �im�ly manner p�rf�rm a!I Qf
<br /> Trus�or's obliga�ions under the Nv��,�his Deed vf Trus�, and the Rel��ed Documents.
<br /> P�SSESSIQN AND MAINTENANCE ❑F THE PROPERTY. TrustQr agre�s �hat Trustvr's pa�ssession and use ❑� the
<br /> Property shall be gv��rned by the�vl�owing pra�ision�:
<br /> Passession and lJse. Unt�l '�he occurrence nf an E�en'� ❑f De�ault, Trus�ar may �1 f remain in pvss�ssian and
<br /> con�rol❑f the Prc�perty; {�] �se, aperate or m�nag�the Property; and �3y ��lle���he Rents�ram�he Proper�y.
<br /> Duty tv IVlaintain. Trus'�or sha11 maintain the Property in gQod cvndi�ion and promptly per�arm all repairs,
<br /> repla�ementsr and maintenance ne�essary to pres�r�e i�s�alu�.
<br /> �vmpliance V1Ji�h Enrrironmen�a� Laws. Trus�or represents and warrants t❑ Lender�hat: {'�} During �he p�riod af
<br /> Trus�or's owner�hip ❑f�he Pr�p�r�y, �here has been no use. genera�ion, manu�ac�ure, s�orage, tr�a�men�, disp�sal,
<br /> release or �hrea�ened release vf any Hazardvus 5ubstan�e by any p�rs�n an, under, abvut vr fr�rn the Proper�y;
<br /> �2} Trus�or has nn knawledge ��, Qr raasan to beiie�� that�here has been, except as pre�iousiy disclosed to and
<br /> ackn�wledg�d by Lender in �rvri�ing, �ay any f�reach ❑r �iQla�Evn ❑t any En�ironmental Laws, �by any use,
<br /> generatian, manu-�ac�ure, storage, treatmen�, dispo�al, release or threatened re�ease of any Ha�ardvus Substance
<br /> vn, unde�r, abc�u� o� frvm the Prvperty by any pri�r o►rvners �r occupant� of th� P�operty, ar f c} �ny actuai vr
<br /> threatened ii�igation ar claims o� any kind by any person r�la�ing �o such ma�t�rs; and �3y Except as pre�ivusly
<br /> dis�[vsed�a and a�knowledged by Lender in w�iting, {a} neither Trus�ar nor any tenant, contrac�or, agent nr o�h�r
<br /> authoriz�d us�r�f�he Proper�y shail use. gen�ra�e, manufiacture, stare, treat, dispase af or relea�� any Ha�ard�u�
<br /> Suhstance on, under, abaut or�rom the Property; and �b� any such acti�i�y shall be conducted in compliance with
<br /> a�i applicable �ede�al, state, and lacal laws, r�guiations and a�dinances, including without �imitation all
<br /> En�ironmental Laws. Trus�or authvrizes �.ender and its ag�nts to en�er upvn the Prop�rry ta make su�h
<br /> inspectivns and �ests, at Trustar's expense, as L�nder may deem appropriate to de�ermine c�mpliance ❑f the
<br /> Prap�rty with �his section Q� �h� I�eed o� Trus�. Any insp�ction� nr tests mad� by Lender shall be far Lender'�
<br /> purposes vniy and shafl not be construed to create any responsibili�y or iiahili�y on �he par�o� Lender�o Trus�vr or
<br /> tv any a�her persvn. The representafiions and warran�ies �on�ained herein are based on Trus�or's du� diligence in
<br /> inW�stigating �he Praper�y �Fvr H�zardaus Subs��nces. Trustar h�reby �1 y releases and wai�es �ny future �Iaims
<br /> against Lender fvr indemni�y ar con�ributic�n in the e�ent Trustor bec�mes liable tar cleanup ar vther cos�s under
<br /> any such laws; and {�y agre�s �a indemnif�+, de�end, and hold ha�mless Lende�-ag�inst any and aEE claims, loss�s,
<br /> liahilities, d�mages, penalties, and e�penses which Lender may directly or indirec�ly st�stain❑r su�fer resulting fram
<br /> a breach of this section of the ❑eed af Trust ❑r as a �onsequence o� any use, generation, manufac�ure, storage,
<br /> disposal, release or threat�n�d release occurrin� priar to Trus�vr'� ❑wn�rship ar in�erest in�he Prvper�y, whe�her or
<br /> n�t the sams was or shauld ha�e be�n knvwn �❑ Trustor. The pra�isions o� this se�tion af th� Deed vf Trust,
<br /> including the obligation tc�indemnify and de�end, sha[I sur�iWe the payment o�the Ind�bt�dness and�hE satisfaction
<br /> and recon�eyance v��he �ien v�F this Deed v�Trust and shall nv�be affect�d by Lender's acquisi�ivn af any in�eres�
<br /> in the Prvp�r�y: whether by fvreclvsur�❑r cath�rw�se,
<br /> Nuisance, Waste. Trusfiof shall not cause, Gonduct ❑� permit �ny nuisance nor cammi�, permit, or su�fer any
<br /> stripping of�r waste an or to �he Property ❑r any por�ian of�he Prvperty. �!`lithout IEmiting the generality o#�h�
<br /> �aregving, Trus�ar will not rema��, or grant�o �ny ather party the right�o Temv��, �ny timber, miner�ls (including
<br /> ail and gasy, coal, ci�y, s�oria, sail, gra�sl or rack prvducts withou�Lender's prior written�anser�'�.
<br /> Remo�al nf Improvemen�s. Trus�ar�ha11 no�demvlish or remove any im�ra�ements�rom the Rea! F�rvperty w�thvut
<br /> Lender's pr�or�writken�on�en�. As a condition t❑the remoWaf o�any lr�pro�ements, L�nder may require Trustvr fio
<br /> make arrangements satisfacfiory tv Lender f❑ replaCe �u�h [mpro�ements with Impro�em��ts v� at �eas� equa�
<br /> �ralue.
<br /> Lend�r's Right�a Enter. L�nder and Lender's agents and represen�ati�es may en�er upan th� Real Proper�y a� all
<br /> reasonab�e tim�� �o a��end �v L�nder's in�er�sts and t� insp�c� the Reai Praperty �or purpo�es af Trustvr'S
<br /> compiiance v�rith the terms and condi�ivns o��his De�d v�Trus�t.
<br /> Camp�lianc� with Gn�ernmen�al Requirem�n�s, �'rustvr s�half pramptly ct�mply wi�kh all �aws, r�rdinances, and
<br /> regulativns, now vr hereaf�er in effect, a� a[I gavernmental authoriti�s applicable ta the use or a�cupancy v� the
<br /> Praperty. Trustor may cantest in gQod �aith any such�aw, ❑rdinance, or regu�ation and withhoid complian�e during
<br /> any prace�dina�, including apprvpr�a�e appea�s, sv Ivng as Trus�rvr has n�ti�ied Lender in writin� priar t❑ doing sc�
<br /> and so lang as, in Lender's svle opinion, Lender's interests in the Proper�y a�e not jeapardized. Lender may require
<br /> Trust�r�v post adequate s�curi�y or a surety hond, r�asonably sa�isfactory t� Lender, tv protect�.�nd�r's in�tere�t.
<br /> Duty tv Prote��. Trustar agrees neither �o abandan or �ea�e unattenr�ed the Property. Trustor shai! do all o�her
<br /> a�fis, in addi�ivn�o thas� ac�s se��vrth aboWe in#his se�tEon, which frvm th� Ghara�ter and use vf�h� Pr�perty are
<br /> r�asonably necessary to pro�ecr and preser�e�he Property.
<br /> DUE 4N SALE- C�NSENT BY LENDER. Lender may, at Lender's vp�ian, declare immedi��ely due and payable al[ sums
<br /> s�cured by this D�ed of Trust u�a�an�he sale vr tran��er, wtthout Lend�r's priar wri�ten c�nsen�, �t all or any part v��he
<br /> Reai Property, ar any in�erest in the Real Prop�r�y. A "sale or�ranster" means the �on�eyance of Reai Property or any
<br /> righ�, �itle ❑r interest in the Real �ropert�; wh�th�r iegal, beneficial ar� equital�le; v�rhe�her ��luntary or En�olunta�y;
<br /> whether by out��gh� sale, deed, instal[men� sal� contrac�, land con�ract, c�ntrac� fvr deed, leasehald in�erest v+ri�h a
<br /> term c�reater�han three ��� years, iease-optian Gontrac�, vr by sale, assignment, or�rans�er vf any benefi�ial tnterest �n
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