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2� 17� 1841
<br /> aEEa oF -r�usT
<br /> Loan No: 7�7 3�'I�79 {Con�t�nued} Page 2
<br /> REFERRED T� THEREIN. SHALL ALSD BE AN EVENT �F DEFAl3LT UNDER THIS �EED �F TRUST. THiS DEED �F
<br /> TRUST iS G�VEN AND ACCEPTED�N THE F�LL4W�NG TERMS:
<br /> PAYMENT AND PERF�RMANCE. Ex�ept as otherwise pra�ided in this ❑eed o�Trust� Trustor shali pay tv Lend�r aIi
<br /> amounfis s�cured by this i]eed v� Trus� as they �ecvme due, and shall sfiric�ly and in a tim�ly manner per�orm all o#
<br /> Trustor's❑bliga�ions under�the Na�e,this ❑eed of Trus�, and the Re�ated Documents.
<br /> P�SSESSI�N AND NlAINTENANCE DF THE PR�PERTY. Trustor agrees tha� Trustar's possessian and use vf �he
<br /> Property shall be go�erned by the fv�lawEng pro�isions:
<br /> Possession and Use. Un�i1 the occurrence vf an E�enf ❑f �e�ault, Trustor may �7} remain in possession and
<br /> controi of the Pr�per�y; �2� use, operate❑r manage�he Proper�y; and �3y cof[ect the R�nts#rvm the Praperty.
<br /> ❑uty #o Ma�ntain. Trustar shafi maintain �he Property in fienantabie cvndition and promptly per�arm af� repairs,
<br /> rep[acements. and maintenan�e necessary fiv pr�ser�e its�alue.
<br /> Camp[iance V�i�h Environmental Laws. Trustar represen�s and warranfis to L�nder�ha�: �1 f Du�ing the perivd of
<br /> Trustor's o►nrnership o�f�h� Pr�p�rty, th�re has been no use, generation, manu�acture, storage, tr�atment. dispasai,
<br /> re�ease or threatened release of any Hazardous Substance by any person an, under, about or ��rom the Property;
<br /> {2} Trustor has nv knawledge vf, or reasan ta b�EEe�e that ther� has been, excep� as pre�iously dEscEased ta and
<br /> acknowledged by Lender in wrifiing, �a� any breach ar �ialation ot any En�irvnm�ntal Laws, �b3 any use,
<br /> generafiion, manu�ac�ure, storage, �reatment, dispvsal, release ar threa�ened reiease o� any Hazardaus Su�stance
<br /> on, under. about or #rvm �he Proper�y by any prior owners ar occupan#s of the Property� ar ��} any actual ar
<br /> �hreafiened �E�Ega�ion ar claims o�F any kind �y any person relating to such matters; and {3� Except �s pre�iausEy
<br /> d�sclosed to and acknowledged �y Lender in writing, {a� neither Trustor nor any tenant, contrac�o�, agent or other
<br /> authorized user v�the Property shali use, genera�e, manufac�ur�, star�, trea�, dispvse o�vr release any Hazardaus
<br /> 5ubstance on, und�r, abvut vr from the Praperfy; and �b� any such acti�ity shaiE be condu��ed in comp�iance wi#h
<br /> a�� applicabie federa�, state, and Io�ai Iaws, �egula��vns and vrdinances, inciuding without EimEtation a��
<br /> En�ironmentai Laws. Trust�r authorizes L�nder and �ts agents t❑ enter upon the Prvperty tv mak� such
<br /> inspectivns and �esfis, at Trus�ar's expense, as Lender may deem appropr�ate �o determine comp�iance o� the
<br /> P�operty with �his sec�Eon o� the Deed af Trust. Any �nspectEnns vr tests made by Lender shaIl be for Lender`s
<br /> purposes only and shal� not be construed ta create any respvnsib���ty o�liabiiity on the par�of Lender fio T�ustor or
<br /> tv any other p�rson. The repres�n�ations and warranties Gontained h��ein are has�d on Trustor's due di[igence in
<br /> investiga��ng the Property �or Haza�dvus Subs�ances. Trustor he�eby t'�y �eleases and wai�es any �utur� claims
<br /> agains� Lender for indemnity vr con�rihu�ion �n the event Trustar becvmes 1iable for cfeanup ❑r ❑ther cvsts under
<br /> any such �aws; and {2} agrees ta indemnify, defend, and hold harmless Lender against any and aii c�aims, Iasses,
<br /> liabilifiies, damages, penalties, and expens�s whieh Lender may dire�tIy or Endirectly susta�n ar suffer resu���ng �rom
<br /> a breach of this se�ti�n af the D�ed af Trust ❑r as a �onsequence vf any use, genera�ivn, manufac�ure, storage,
<br /> d�sposal, r�lease vr threatened release accurring prior to Trustor's ownership or interesfi in fihe Proper'ty, whe�her�r
<br /> not the same was or shouid ha�e been knvwn ta Trustor. The pro�isians o� this sectian a� �he Deed ot Trus�,
<br /> Encluding the❑hligati�n to indemnify and defend, sha!!su��i�e the paymen�o�the lndebtedness and the satis�action
<br /> and recon�eyan�e af the lien o��his ❑eed of Trust and shaEf nafi be affected by Lender's acquisition of any Enterest
<br /> in the Property, wheth�r by foreclvsure vr atherwise.
<br /> Nu�san�e, Vllaste. Trustor shall nvt cause, conduct or perm�fi any nuisance nor cammit, permit, ❑r su�Ffer any
<br /> stripping of ❑r waste ❑n or t❑ the P�oper#y or any portian of the Proper�y. Wi�hou� l�miting the generaiity o��he
<br /> �oregoing, Trus�or wil� nat rem��e, or grant�o any o�her party the right tv remove, any timber, minerals �inc[udEng
<br /> oi� and gas�, �oal, �lay, scoria, s�il,gra�ei or rock products without Lender's prior wri�ten consen�.
<br /> Remo�al of[mprovements. Trustor shail nvt demv�ish or remo�e any Impr��ements from the Reaf Property wi�hau�
<br /> Lender's prior writ�en consen�. As a condition ta�he remo�al a�any Impro��ments, Lender may require Trustor to
<br /> make arrangements sat�sfac�o�y to Lender ta rep�ace such Impr�v�ments wi�h Improvements of at Ieast equal
<br /> va�ue.
<br /> Lendsr's Righ#to Enter. Lender and Lender's agents and representatives may enter upan the Rea[ Property at a[�
<br /> reasnnab�e times �o attend to Lender's Enterests and to insp�c# the Real Property f�r pu�poses o� Trustor's
<br /> camplian�e wi�h th�terms and conditions o�this Deed of Trust.
<br /> Camplian�e with Go►►ernmental R�quirements, Trusfivr shaii prompt[y comply with ali Iaws, o�dinanc�s, and
<br /> reguiations, now or hereatter in e�fect� of aE� go�ernmental authorities app�icable �o the use or ac�upancy af the
<br /> Property� inc[uding wi�hout �EmEtation, the Ame�icans With Disabilities Ac#. Trus�or may cont�s� in good faith any
<br /> such law, ordinance, or regu�atEvn and withhv�d compE�ance during any praceeding, inc�ud�ng app�qpria�e appeals,
<br /> so lvng as Trustor has noti�ied Lender in writing priar to d�Eng s� and so Iong as, �n Lender's sale op�nion, Lender's
<br /> interes�s in the Prvper�y ar� not jeopardized. Lender may require Trustor �o pvst adequate security or a surety
<br /> bond, reasonabiy sa�isfactory to Lender,ta protec�Lender's inter�s�.
<br /> 1]uty to Pratect. Trusta� agrees nei�he� �o abandon ❑r lea�e unattended the Proper�y. Trustor shai� do ail other
<br /> acts, in addition�o thvse acts set�orth abo�e in�his sec��an, whEch�rom the character and use of fihe Property are
<br /> reasonabEy necessary to protect and preserve the Praper�y.
<br /> TAXES AND LIENS. The fol�owing pro�isions relating to the taxes and liens on the Property are part ❑f�his Deed of
<br /> Trust:
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