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2� 17��253
<br /> C�EE� �F T'R��T
<br /> Lvan #Vn: 'IU�3�'15a� ���r�t[t���d� Page �
<br /> FUTURE ADVAIV�ES. In addi�ian �o �he Note, �his ❑eed o� Trust secures all fu�ure ad�ances made by Lender �a
<br /> 6orrower❑r Trustar whe�her ar no��he ad�an�es are mad� pursuant�a a cammitmen�. Speci�i�ally, without limitation,
<br /> �his Deed v�Trust secu�es, in additivn to the amQunts speci�ied in the Nate, all �uture amoun�s Lender in its discre�ion
<br /> may�oan ta �3Qrr�vver or Trustv�, �og�ther vui�th all interest therean.
<br /> Trustar pre�en�ly assigns to Lender �alsv known as Beneficiary in this Deed af Trust� all of Trustvr's right, tit�e, and
<br /> in�er�st in and ta al! presen� and �u�ure leases ❑� the P�aper�y an� all Ren�s �rvm the Property. ln addi�ion, Trust�r
<br /> grants�v Lend�r a Uniform Cammerciai Code security interest in the Pers�nal Proper�y and Rents.
<br /> TH[5 DEED [�F TRLJ�T, IiVCLU�I[VG THE A5S�G1VIViENT �F RENTS AND THE SECURITY INTEREST IN THE REIVTS AIV❑
<br /> PERS�NAL PR�PERTY, !S G�VEfV Ta SECURE {A} PAYMENT �F THE �NDEBTEDNESS AND {B} PERF�FiMANCE aF
<br /> AIVY AIVa ALL �BLI�ATIC�NS UIV�ER THE N[3TE, THE RELATED DL]CU�E�TS. AND THIS DEED �F TRUST. THIS
<br /> DEEI] QF TRUST IS G[VEiV AtVQ ACCEPTEd aN THE F(]LL€]V�IfIVG TERMS:
<br /> TRUSTQR"S REPRESENTAT[�NS ANl] WARRAiVT[ES. Trustar t�varrants that: �a} this Deed of Trust �s executed at
<br /> Borrflvtiier`s request and no� a� the r-eques� of Lende�; {�} Trus��r has the full power, rig�t, and au�harity ta enter �ntv
<br /> �his ❑eed v�Trus�t and �a hypv�tihecate the Properfiy; �c� �I�� pr��isivns t�� �his Deed of Trus� do not confilict with, ��
<br /> resul� in a defaul� under any agreemen� ar other instrument bind�ng upon Trus�or and dv nat resul� in a �iolation of any
<br /> law, regulatian, court decree or order applicab�� t� Trustor; �d� Trustvr has established adequat� mea�ns �� o�taining
<br /> �rvm Barrawer on a continuin� basis in�ormation abaut Barrav�r�r's �Financial cvn�Ii�ion; and {ey Lend�r has made no
<br /> representa�ion fi❑Trustor about Barrower �including wi�hout iimita'�ion th� credi�tworthiness o�Borrawery.
<br /> TRUSTOR'S 11U'AiVERS. Trus�or wai�es a�l rights ❑r defenses arising by reason a� any "one ac�ion" or "anti-deficien�y"
<br /> law; or any a�h�r lavv which may pre�ent Lender fram bringing any ac�ion against Trustor, inc�uding a claim far
<br /> deficiency to the exten� Lender `rs atherwise entitled ta a claim �vr deficiency, before ar affier Lender's commencemen�
<br /> or�omp(e�tion❑�F any fareelasur� ac�ion, ei�h�r judicially or by exercise af a p�wer of sa�e.
<br /> PAY[1JiENT AND PERF�RMANCE. Excep�a� ��herwise prv�ided in�his Deed o�Trus�, Borrower and Trus�or shall pay to
<br /> Lend�r all Indebtedness secured by �his Deed of Trust as it becames due, and Borrawe� and Trus�ar sha(� stric�ly
<br /> perform a[l�heir respe��i��o�ligativns unde�-the fV�te, this �eed of Trus�, and the Related Documents.
<br /> PDSSESS��N AND MAINVTENAN�E �F THE PRDPERTY. Borrawer and Trustar agree that 6a�rower's and Trustor's
<br /> possession and us��f the Property shall be go�erned by the fallo�niing pravisi�ns:
<br /> Possessivn and Use. Un�il the occ�rrence of an E�en� of Defa�f�, T�us'�or may �1} remain in pvssessian and
<br /> con�ral ��the P'roperty; ��.} use, operat�or manage t�e Praper�y� and �3� �ollec�the Ren�s from the Pr�perty.
<br /> Duty #❑ �aint�in. Trustor sh�!! main�ain the Pr�perty `rn ��nantable condition and prvmp�ly p�rfarm a�1 repairs,
<br /> rep�a�em�nts, and maintenance necessary to pr�serve i�s�alue.
<br /> Comp[�anc� With Env�ranmen�al Laws. Trustar represen�s and warrants to Lender that: �1� During fihe periad of
<br /> Trust�r's flwnership��the Prop�rty, there has b��n no r�se, generativn, manufac�ure, storage, trea�ment, dispasal,
<br /> re[ease ar �hreatened refease af �ny Haz�rd�us Subs�ance by any person an, under, aboufi vr �r�m the Property;
<br /> �2} Tr�star has no knaw[edge��, vr reason to beli��e that�here has �een, ex�ept as previous�y disclosed to and
<br /> acknowl�dged by Lender in wri�ing, �a3 any br�ach ar �iola�ion o� any En�i�anmenta� Laws, �by any use,
<br /> generatian, manufac�ure, s�or;age, �reatmen-�, disposal, rel�ase ar �hrea�ened release vf any Ha�ardous Substance
<br /> �n, under, �bvut �r fr�m the Praperty by any prit�r own�rs or occupants af �he Property, or tc} any ac�ual ar
<br /> �hreatened li�i�atian or claims t�fi a�y kind by any person relating to such mafi-ters; and �3} Exc�pt as pre�riQus�y
<br /> disclvsed tv and acknowledge� by Lender in wri�ing, �ay neither Trustor nar any�tenant, contra�tor, �genfi or�ther
<br /> au�horized use� vf the Praperty shall use, g�nera�e, manufacture, stvre, trea�, dispose of or r��ease any Hazardous
<br /> 5ubs�ance �n, under, ahout or from�he Prap��ty; and 4b} any such ac�i�ity shall b� co�nducted in campliance with
<br /> �ll applicable #ederal, state; and �ocal laws, regula�i�ns and ordinances, �ncluding withou� �imitafiion all
<br /> En�ironmental Lavirs. TrustQr au�hQrizes Lender and its agents to en�er up�n the Praperty �� make suc�
<br /> inspections and' �ests, a� Trustor's expense, as Lend�r may deem appropriate to d�termine �vmp[�ance of the
<br /> Prvperty with this sec�ion of the Deed of Trust. Any inspe��ions Q�` t�5�5 mad� by Lender shall be fvr Lender's
<br /> purpvses ❑nly and shall no� be construed �� create any respansihility ar liability on the part v# Lend�r to Trustor�r
<br /> �o any ❑ther p�rson. The re��-esentations and warranties con�tained herein are based an Trus�ar's due diligence in
<br /> in�estigating �h� Prflperty f�r H�zardaus Substances, Trus�kor hereby ��} releases and wai�es any fu�ure �laims
<br /> agair�st Lender �ar indemnity vr con�ribu�ion �n �he e�en� Trustar becomes Iiable �ar cleanup or o�her cast� under
<br /> any su�h laws; and ��f a�rees tv indemnify, def�nd, and ho�d harmfess Lender agains� any and all claims, ��SS�Si
<br /> liabilities, damages, penalties, and expens�s whi�h L�nder may direc�ly ar indirectly sustain ar suf�er resuiting �rom
<br /> a hreach o� this sec�ion ❑f the Deed vf Trus� ❑r as a cons�quence o� any use; genera�ion, manu-�ac�ure, starage,
<br /> disposa[, release���hrea�ened release vccurring prior�a Trustor's awnership ar interes�in the Praperty, whether flr
<br /> na� the same was �r shauld ha�re been known to Tru��or, The pro�isians o�F this section af the Deed o� Trust,
<br /> including the obligation to :nd�mni#y and defend, sha�� survi�e the paym�nt a�the �ndeb�edness and�he satisfacti�n
<br /> and recanveyance o��he lien a�this De�d o�Trust and shall no� be a#fec�ed by Lender's acquisi�ion of any in�eresfi
<br /> in�the F'rvperfiy, whether by�orecic�s�re vr otherwise.
<br /> [Vuisance, Waste. Trus�kor shafl na� caus�, canduct ar perrnit any nuisance nor cvmmit, permi#�, or su��e� any
<br /> s�ripping of �r was�e vn ar to the Prflperty �r any pvrtion ❑fi the Property. 11Vi�hnut �imi�ing �he generali�y ofi �he
<br /> faragoing, Trus�ar vvill no� r�mo�e, �r grant�a any other party the right�o remo�e, any�im�er, minerafs 4incf�uding
<br /> oil and gas�, �oal, clay, scoria, soil, gra�el �r rock pr�duGts withaut Lender's prior written c�nsent.
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