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2� 1 ��31 �7
<br /> ���� �� �����'
<br /> . ���r��ir�ued} Pa�� �
<br /> gran�s t�Lende�a Uniform Commercia� Code seGurity in�erest in the P�rsonal Property and Rents.
<br /> TH1� ❑EED UF TRUST, lNCLUD�NG T'HE ASSIGNMENT�F RENTS ANI�THE SECURlTY INTEREST IN THE R�N7S AND
<br /> P�RSC]NAL PRaPERTY, IS GlV�N T��EC�RE �A} PAY�'irIENT L7F THE �NDEBTEDNESS AND {B} PERF�RMANCE �F
<br /> EACH 4F TRUSTDR'S AGREEMENTS AND UBLIGATIC]N5 �NDER THE CRED�T AGREEIIIfENT, THE RELATED
<br /> D�CUMENTS, AND THIS DEED flF TRUST, TH1S DEE[] �F TRLJST IS GIVEN AND ACCEPTED f]N TH� FQLLUVI�lNG
<br /> TER�S:
<br /> PAY31rIENT AND PERFORMANCE. Exc�p� as o�henr�ise pro��ded in th�s Deed of Trust, T�ustor sha�l pay ta Lend�r al�
<br /> amounts secured hy this Deed o�Trust as they be�ome due, and shalf strict�y and in a timely mann�r� per�arm a�� ❑'F
<br /> Trustar`s ob�iga�ians under�he�redi�Agreemen#, this ❑eed of Trust, and the Re[ated ❑acuments.
<br /> P�55ES51�N AND MAlNTENANCE �F THE PR�PERTY. Trus�or agrees tha� Trustor's possession and use of �he
<br /> Property shal� be go�erned by the following pra�isians:
<br /> Possessian and �se. LJntil the oc�urren�e af an E�ent o� Default, Trustor may ��l} remain in possess�an and
<br /> contral of the Property; ��} use, opera�e or manage the Property; and �3) col�ect th�Ren�s�rom the Property.
<br /> Du�y to Main�ain. Trustor sha�l mainta�n th� Proper#y in good condition and promptly per�orm all repairs,
<br /> r�placem�nts, and maintenance necessary�o p�eserve i�s va�ue.
<br /> Compliance 1PVi�h En�irQnmenta� Laws. Trusta�r represen�s and warran�s to Lende��hat: �1} During the period af
<br /> Trustor's ownership of�he Proper�y, there has been no use,�eneration, manufa��ure, st�rage, trea�ment,disposal,
<br /> �elease or threatene� release of any Hazardous 5ubstance by any person on, under, abou� ar from the Proper�y;
<br /> �2} Trust�r has no knowiedge ofi, a� reasan to b�lieve that there has been, exc�pt as pre�iausly disclosed to and
<br /> a�knowfedged by Lender in writing, �a} any �rea�h ar �io�ation of any En�ironmenta[ La�rs, �b} any us�,
<br /> generatian, manu�actu�e, storage, treatment, disposal, release or threatened re�ease ❑f any Hazardaus 5ubstance
<br /> on, under, abau� ar fram �he P�operty by any prio� owner� a� oc�upants o� the Prape�ty, or �c} any a�tua[ or�
<br /> threatened �iti��tian or claims ��any kind by any person rela�ing ta such matters; and (3} Ex�ep� as prev��usly
<br /> disc�osed to and acknowledged by Lende�in w�i�t�ng, (a} neither Trus�a�nor any tenant, contractor, agen�v�oth�r
<br /> autha�ized user a��he Property sha[1 use, genera�e, manufac�ure, store, #reat, dispose o�ar release any Hazardous
<br /> Subs�ance on, under, abflu#or f�am the Property; and �b} any such acti��ty sha�i be conducted in compliance wi�h
<br /> all applicable fed�ra�, sta�e, and local �aws, regu�a�ians and ordinanc�s, inc�ud�ng wifihou� limitation ail
<br /> Env�ranmen�al Laws. Trustor authorizes Lender and i�s agents �o �n#er upan the Proper�y to make such
<br /> inspections and �es�s, at Trus�or's expense, as Lender may deem appropr�a�e fo determine campliance of �he
<br /> Praperty with this section of�he ❑eed a�Trust, Any inspectians or tes�s made by Lender shai� be far Lender's
<br /> purposes only and shali not be construed to crea�e any responsibi�ity ar liability on the pa�of L�nder ta Trusto�or
<br /> �o any other person. The repres�nta�ions and warranties �ontained herein are based on Trus�or's du�difigen�e �n
<br /> in�es#iga�ing the Praper�y �Far Hazard�us Substances. Trustor hereby �'[} releases and wai�es any f�ture �laims
<br /> agains� Lender far indemnity or contributian in the ev�nt T�ustor becomes iiable for cleanup or o�her costs under
<br /> any such �aws; and �2} a�rees to indemnify, defend, and hald harmless Lender aga�ns�any and al! c�aims, �osses,
<br /> liabii��ies, damages, pena�ties, and expenses which Lender may directly or indirec�ly sustain ❑�-su�#er r�sulting from
<br /> a breach ��this section ��the Deed af Trust ar as a consequence o#any use, �ener�ation, manufac�ure, starage,
<br /> dispasai, release or threa#ened reiease accurring prior t�Trustor's owne�ship❑r in�erest in the Prope�ty,whe�he�❑r
<br /> not �he same was or should have been knawn�to Trustor. The provisiflns o�f this section of�he �eed o�Trus�,
<br /> includin�the abligation�a indemnify and defend, sha[1 survi�e th�paymen�of the lndebtedness and the s�tisfa�tian
<br /> and reconveyance a�F the �ien of th is Deed❑f Trust and shal!not be af�ec�ed by L�nder's acq uisi�ion a�any inte�es�
<br /> in the Property,whethe�by fo�eclosure or othenNise.
<br /> Nuisan�e, 1Naste. Trustor shall not cause, conduct or permit any nuisance no� cammit, permit, or sufi�er any
<br /> stripping o�or waste on ar to the Prop�rty or any port�on of the Prope�ty. W�thou� lim�ting the gen�ra�i�y of�he
<br /> fflregoing, Trustor will not�emo�e, or grant to any other party the r�gh�ta remo��, any timber, minerals �including
<br /> ❑ii and gas}, caa1, c1ay, scoria, soil, gra�ei a�rock pr�ducts withau�Lender's prior written consen�.
<br /> Remo�al of Impra►►emen�s. Trusto�shal� no�demalish or remo�re any�mprovements from the Real Property withau#
<br /> Lender's prior writt�n cansen#. As a condition to�he removaf of any �mpro�ements, Lender may require Trustor�o
<br /> mak� arrangemen�s satis�act�ry �o Lender to repiace such tmpro�emen�s with lmprovements o�F at least equal
<br /> vaiue.
<br /> Lend�r`s Right'�o Enter, Lender and Lender's agents and repr�sentatives may enter upon the Real Properky �t all .
<br /> reasonable times �a a�tend t� Lende�'s int�rests and �o inspec� the Real Proper�y far purpos�s of Trus�a�'s
<br /> compliance with the fierms and canditidns of this Deed�f Trust.
<br /> Compliance wi�h Go�ernmenta� Requirements. Trustflr sha�l promptly compiy with al1 laws, ord�nanc�s, and
<br /> �egu�ati�ns, now or hereafte� in ef�ec�, o�al1 go�ernmental authorities appiicable to the use or occupancy of the
<br /> Proper�y, Tru�to�may cantes�in good fai�h any such �aw, o�dinance, or r�guia�ion and wi�hho�d campliance durin�
<br />. any proceeding, �n�luding appr�priate appeals, sfl long as Trustor has no�ifed Lend�r in writing p�ior�o doing sa
<br /> and sa long as, in Lender`s so��opinion, Len���'s inter�sts in the Proper�y are nat�eopard�zed. Lender may r�quire
<br /> Trust�r�o post adequa�e s�curity ar a surety bond, reasonably satis�act�ry t�Lende�, to pro#ect Lender's int�rest.
<br /> �uty to Protect. Trusto� agrees nei�her to ahandan or lea�e unattended the Proper��. Trus�or sha�! do a�l ❑fhe�
<br /> acts, in add�t�an t��hose ac�s se�forth above in this sect�on,which �rom �he ch�rac�er and use of�he Property are
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