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2� 17� 183�
<br /> DEED �F TRUST
<br /> Loan No: 'I D'i 3��489 {Continued� Page �
<br /> ANY AND ALL DBLIGATI�NS UNDER THE N�TE, THE RELATED DDCUI�ENTS, AND TH15 DEED �F TRUST. TH[S
<br /> DEE❑QF TRl]5T 15 GIVEN AND ACCEPTE❑�N THE F�LL�WING TERMS:
<br /> PAY�ENT AND PERFQRIUTANCE. Excep� as �therwise pro�ided in this Qeed v� Trus�, Trustar shall pay �o Lender afl
<br /> amoun�s secur�d by �his Deed at Trus� as they becam� due, and sha11 st�ictly and in a �imely manner p�rfarm alE a�
<br /> Trustor`s vbligations und�r the Note, this Deed o�Trust, and�he ReEated Dvcum�nts.
<br /> P�55E5SI�N AND MAINTENANGE �F THE PR�PERTY. Trus�or agrees �ha� Trus�or's possession and use o� '�he
<br /> Prvperty shall be gv�erned by the fv�lowing prv�isions:
<br /> Possessivn and Use. Un�i[ the occurrence af an Event af De�aul�, Trustor may ��� remain in possessi�n and
<br /> Gontral of the Prop�rty; {2f use,❑perate or manage th� Property; and t3� calfec�the Rents�ram�he Property.
<br /> Duty tv lUlaintain. Trus�ar sha�1 ma�ntain the Property in good cvndi�ion and promptly per�vrm all repairs,
<br /> replacements, and main�enanc�nec�ssary to preser�e its�alue.
<br /> Compliance Wifh EnWironmental Laws. Trustvr r�presents and warrants to Lender�hat: t1} During the period of
<br /> T�-ustor's ownership of the P�operty, there has been na use, generation, manufacture, starage, treatment, disposal,
<br /> release or threatened release o� any Hazardous 5uhstance by any person on, under, ahou'� or from the Property;
<br /> ��} Trus�or has no knowiedge ❑f, or reason ta beiie�e that�here has been, except as pre�iously d�sclosed ta and
<br /> acknowiedged by L�nder in ►nrri��ng, {a� any breach vr �ivlation af any En�ironmental Laws, �by any use,
<br /> genera-ti�n, manufacture, storage, treatmen�, disposa�, re[ease or�hreaten�d releas� of any Ha�ardous Subs�an�e
<br /> an. under, about ar �rom �he Praperty by any priar awners ar ac�upants ❑-� the Property, or ��) any ac�ua� ar
<br /> threatened li�igation ❑r ciaims o� any kind by any persan re[ating to such mat�ers; and t3� Except as preWiously
<br /> disclosed�o and a�knowiedged by Lender in wri�ing, ta} neEther Trustar nar any tenant, contractor, agent or other
<br /> au�horized user of�he Prope�ty shall use. generat�. manu�ac�ure, st�r�, trea�, disp�se of or release any Ha�ardous
<br /> 5ubs�ance vn, under, abvut or from�he Property; and �b} any su�h aG�i�ity shail be canduc�ed �n complian�e with
<br /> a11 applicable f�deral, state, and i�cal laws, regu[ati�ns and ❑rdinances. including withaut limitation al!
<br /> En�iranmental Laws. Trustor authv�izes Lender and its agents #o enter upvn the Property to make such
<br /> inspectivns and �ests, a� Trus��r's expense, as Lend�r may deem appropriate to determin� cvmpliance o� the
<br /> Property vui�h �his section of the Deed v� Trust. Any inspections or �ests made by Lende� shall be far Lender's
<br /> purp�s�s only and sha�i not he canstrued to create any responsibility ❑r liability on the par�❑� Lender to Trustor vr
<br /> ta any o�her person. The r�p�-esenta�ians and warran�ties contained herein are based ❑n Trustor's due di�igence in
<br /> in�es�igating the Praper�y �ror Hazardous Subs�ances. Trustvr hereby {'1 y releases and wai�es any future claims
<br /> a�ains� Lend�r �ar indemni�y or cvntribu�ion in the e�en� Trustar becom�s liable �or cleanup vr other costs under
<br /> any such laws; and ��y agrees tv indemni�y, defend, and hold harmless Lender against any and all claims� ��sses,
<br /> iiabilities, damages, penalties, and �xpenses which Lender may direc�Ey ar indirectly sustain vr suffer resulting �ram
<br /> a breach v�this sectifln of the ❑eed o�F Trust ❑r as a c�nsequence of any use, generation� manufacture� storage,
<br /> disposal, release❑r�hreatened refease o�curring priar ta Trus�or's vwnership ar in�erest in the Property, whe�h�r or
<br /> not #he same ►rvas ar shouEd haWe been known �❑ Trust�r. The pro�isivns of this section ❑f the Deed ❑� Trust,
<br /> including the obligation to indemni�y and defend, shall su��i�e the paymen�v�the Indebtedness and the satis�action
<br /> and recon�eyance of�he lien of this ❑eed o�Trus�and shall nvt be affected by Lender's acquisitian of any in�er�st
<br /> fn the Property, whether by foreclosure❑r❑�herwise.
<br /> Nu�sanc�. Vl�aste. Trus�or shall no� cause. canduct ❑r p�rmi� any nuisance nor commi�, permit, ❑r suffer any
<br /> stripping v� �r waste on o� to the Prvperty ❑r any por�ian of �he Proper�y. Wi�hvut limiting the generali�y �� th�
<br /> �oregaing, Trustor w��l no� remv�e. ar gran-t to any ❑ther par�y the right�o remv�e, any timber. minerals �inc�uding
<br /> ❑il and gas�, cval, c�ay, scaria, soil, gravel ar rock products w��hvut Lender's prior written c�nsen�.
<br /> Rema�al of lmprt�vements. Trustar shall not demoiish or remo�e any imprv�ements fram the Real Property without
<br /> Lender's prior wri�ten �onsent. As a condition to�he remo�al o�an� �mpro�ements, L�nder may requ�r�Trustor ta
<br /> make arrangements satis�ac�ary tv Lender tv replace such lmpro�ements with lmpro��men�s of at least equal
<br /> �alue.
<br /> Lende�'s R'rght#a En#�r. Lender and Lender's agents and representati�es m�y enter upon the Reaf Property at all
<br /> reasanable times to attend �❑ Lender's interes�s and to inspec� the Rea� Prvperty #or purposes a� Trustvr`s
<br /> cvmpliance wi�h the terms and cvnditions of this Deed o�Trust.
<br /> C�mpliance with Gv�ernmental Requ�remen�s. Trus�or shail prvmptly comply wi'th al! laws, ordEnances, and
<br /> regula�ions, now ar herea�t�r in e��ec�, ❑� all ga�ernrnental authnrities app[Ecabfe ta the use or o�cupancy of the
<br /> Proper�y. Trus�or may con�es�in gvvd�aith any such law, ❑rdinance, vr regulativn and withhold compliance during
<br /> any proceeding, including apprvpria�e appeais, so Ivng as Trustvr has noti�ied Lender in writing privr ta doing so
<br /> and s� long as, in Lender's svEe apinian, Lender`s interests in the Property are not�eapard��ed. Lender may require
<br /> Trustor to post adequate se�u�ity or a sure�y bvnd, reasonab�y satisfactary to Lender, t❑ pr�tect Lender's interest.
<br /> Duty to Prvtect. T�ustor agrges nei�her ta abandan �r [ea�e unattended �he Property. Trustvr shall do all other
<br /> a�ts, �n addition'tv those acts se�f�rth al�oWe in�his section. which fram the character and use ��the Property are
<br /> reasonably necessary to protect and preserve the Property.
<br /> DUE�N SALE-CDNSENT BY LENDER. Lender may, a�Lende�'s option, de�fare immedia�ely due and payable al� sums
<br /> secured by this Deed of Trust upan�he sale or�ransfer, wi�hou�Lender`s prior written consent, o#a[I or any part af the
<br /> ReaE Proper�y, ar any in�erest in#he Real Prvperty. A "sa[e ar trans�er" means the cvn�eyan�e vf R�al Prvperty �r any
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