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2� 1 7�2 891
<br /> DEED DF TRUST
<br /> Loan No: ���3�4��8 t�ontinued� Page �
<br /> THlS DEED �F TRUST. 1NCLUDlNG THE ASSIGN�IIENT �F RENTS AND THE SECURITY INTEREST �N THE RENTS AND
<br /> PERSDNAL PR�PERTY, 1S GIVEN TD SECURE �A� PAYMENT DF THE INDEBTEDNESS AND �B} PERF�RMANCE DF
<br /> ANY AND ALL QBLIGATI�NS UNDER THE N�TE. THE RELATED DOCUMENTS. AND THIS DEE❑ �F TRUST. THIS
<br /> DEED�F TRUST�S G1VEN AN❑ACCEPTED�N THE F�LLQ1rIllN�TERMS:
<br /> PAYMENT AND PERF�RMAIVCE. Except as otherwise pro�ided in �this ❑eed o�Trust, Trustor shal! pay �o Lender all
<br /> amounts secured by this Deed o� Trust as they I�ecome due, and shall s�rictly and in a timely manner per�orm a�l o�
<br /> Trustor's ab�igations under�he Note.this Deed v�Trust. and the Re�ated Dvcuments.
<br /> PDSSESSI�N AND MA[NTENANCE �F THE PR�PERTY. Trus�or agrees tha# Trustvr's possession and use ❑� the
<br /> Property shali �e go�erned by the f�llawing pro�isions:
<br /> Possessian and Use. Until the occurren�e o� an E�ent ❑f Default. Trustor may �'i� remain in possession and
<br /> �ontr�l o�the Property; {�� use, aperate�r manage the Praper�y; and {3} �oilec�the Rents fram#he Property.
<br /> Du�y �o Ma�ntain. T�ustor shall maintain �he Pro�erty in good condition and promptly perfarm all repairs,
<br /> replaGernen�s, and maintenance necessary ta pres�r�e i�s�a1ue.
<br /> Complian�e Wi�h En�ironmen�al Laws. T�ustar rep�esents and warrants to Lendsr that: {�} During �he period o�
<br /> Trust�r's ownership o�the Proper�y,there has been no use. g�neration, manu�ac�ure,starage. treatment, disposal.
<br /> re�ease or threaten�d release v� any Hazardvus 5uhstancs by any person on. under, about or �from the Praperty;
<br /> {�y Trus�or has no knvwledge of, or reason�a belie�e tha�there has heen. except as p�eWivusly disclosed to and
<br /> acknowiedged by Lender �n wri�ing, �a} any breach vr �i�la�ion of any En�ironmental Laws, �b� any use�
<br /> generatian, manu�ac�ure, storage, treatm�n�, dispasal, release or �h�eatened release ❑f any Hazardous Substan�e
<br /> on� under� abvu� or from rhe Property by any prior ov+rn�rs or ❑ccupan�s o� the Property, �r {c} any acrual or
<br /> �hreatened li�igation or claims ❑f any I�ind by any person r�la�ting to su�h matters; and t3} Excep� as pre�iously
<br /> disclosed to and acknawEedged by Lender in writing� {a} n�ither Trus�v�nor any tenanfi, cantractor, agen�or vther
<br /> au�hor�zed user��F the Property sha!! use, genera�e, manu�Fac�ure, stvre, trea�, dispose ❑f or release any Hazardous
<br /> Substance�n, under, abau�nr from��e Property; and tb} any such acti�i�y shalf be c�nducted in complian�e with
<br /> af� appiicable federal, sta#e. and loca� laws, r�gula�ions and vrdinances, including wi�haut �imitation all
<br /> En�ironmental Laws. Trusto� authorizes Lender and its agents ta enter upon the Property to make such
<br /> inspections and �es�s, at Trustar's expense, as Lender may deem appropriate �o de�ermEne compliance o� the
<br /> Property with this sec�ion o��he ❑eed vf Trust. Any inspecti�ns or tests made by Lender shall be ��r Lender's
<br /> purpnses only and sha�l no�be c�ns�rued to create any responsibilE�y or iiability vn the part v�Lender to T'rustor vr
<br /> �o any ��her persan, The representa�ions and warranties can�ain�d her�in are based �n Trustor's due diligence in
<br /> in�estiga�ing the Praperty fvr Hazardvus 5ubstances, Trus�or hereby {'i} rel�ases and waEves any futu�e Ciaims
<br /> against Lender �or indemn�'ty or contribution in �he eWent Trustor becomes liable tvr �leanup or other costs under
<br /> any such laws; and {�} agrees tv ind�mni�y, de�end� and hold harmless Lender against any and all cla�ms, Ivsses,
<br /> liabilities, damages, pena�ties. and expenses which Lender may direc�ly or indirectly sustain ar suffer resuiting�rom
<br /> a breach a#this sectivn of the Deed v�Trus� ❑r as a consequence o� any use, generatian. manu�acture, starage.
<br /> dispasal, release or threatsned release occurring priar�o Trustor's owner�hip or in�erest in the Property. ►nrhether❑r
<br /> not the same was or shauld ha�e been known ta Trustar. The pr��isions of this sec�ian a� �he Deed of Trust,
<br /> including the�bligation#o indemnify and defend. shall survi�e�he payment o�the lndebt�dness and the satis�action
<br /> and reconveyance of�he fien of this Deed af Trus�and shall not be aftected by L�nder's acquisitian of any interest
<br /> in�he Proper�y, whether by foreclasure or otherwise.
<br /> Nuisance. Vlraste. Trustor shall not cause, conduc� vr permit any nuisance nvr commi�, permit. ❑r suffer any
<br /> s�ripping af or ►rvas�te an or �o �he Prvperty ar any portivn of the Praper�y. VIlithout limiting the generali�y af�he
<br /> �vregoing, Trus�or rrvill nat rema�e, or grant'to any �ther pa�ty the right tv remv�e, any timber, minerais {including
<br /> ❑il and gas�, cval, clay, scaria, soil.gra�el or r�ck pradu�ts without Lender`s prior writ�en consent.
<br /> Remo�al af lmprovements. Trus�ar shall not d�molish or�emaWe any Impra�ements�rom�he Real Prvperty wi�hout
<br /> Lender's privr written can�ent. As a conditivn�o the remo�a�❑�any �mpro�ements, Lender may require Trustar�o
<br /> make arrangements satisfa�tary �a Lender �v replace su�h lmpra�ements with Improvements ❑f at least equal
<br /> �alue.
<br /> Lender's Righ�#o Enter. Lender and Lender's agents and r�presen�tatiWes may en�er upon the ReaE Property at al�
<br /> reasanahle times �a attend to Lender's in�eres�s a�d to inspect the Rea! Proper�y �or purposes vf Trustor's
<br /> �ompliance wi�h�he te�ms and conditions v#this Deed v�Trus�.
<br /> Complian�e with Government�l Requirements. Trustar shall promptiy comply with all laws, ❑rdEnanc�s, and
<br /> regulations, now �r hereafter in e���c�, �� a!� gaWernmentai au�harities applicahie to �he use vr occupancy af the
<br /> Property. Trus�o�may contest in good faith any su�h law. ordinance, ❑r regula�ion and withha�d complianGe during
<br /> any praceeding, inciuding apprapria�e appeals, so I�ng as Trus�or has notified Lender in wri�ing pria� to dving so
<br /> and so lang as, in Lender's sole apinion, Lender's interes�s in the Prvperty are not�eapardi�ed. Lender may require
<br /> Trustor to post adequate securi�y❑r a surety band, reasanably sa�is�ac�ory tv Lender,t❑ prn�ect Lender's interes�.
<br /> Duty ta Prv�ect. Trustor agrees neither to abandvn or lea�e unattended the Prvperty. Trustor shaEl do ali ather
<br /> acts, in addition�a those acts set-Fvrth aba�e �n this section. which fram the charact�r and use v�the Prvperty are
<br /> reasonably necessary to prateG�and preserW��he Praperty.
<br /> DUE�N SALE- CaNSENT BY LENDER. Lend�r may, at Lender's optian, declare imm�dia�ely due and payable a�� sums
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