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<br /> C��Property�I�so ttkan or dama�ed,Le�tdor ehpil have fho nption,In it�sole and abaolute dtacretion,to apply all such Hroca�d�,
<br /> �It�r d�duct�n8 th�r�irom all con�and expsnsa�Incurred by it in connection wfth auch Proceeds,upan a�y Indebtednes��ecured
<br /> Mr�Dy�nd in�u�h erder�a I.end�r may dstermine,or to apply ell auch Rroceed�,eker euch deductlona,to the restorstion o1 the
<br /> . � Prop�r.y upon�uch canditiona ae Lender may determins./►ny applicatton ot Proceed�to Indabtednsss�hatl not sxtond n�postpons
<br /> tl�ds�e date ot any payments un�er tha Nota,or cura a�ay detautt thereunder or hereunder.Any u�appiied funda shstl de p�id to
<br /> rruaar.
<br /> � a• Melor�na+�c�b�l L�n�.Upon the occurrence ot an Evont ot pefauit hereundar,or i4 any act la taken or ley�l proC�edinp
<br /> commMC�d which matulaily sHects I.ende�'s intereaf In the Proporry.Lender may in its own dlscretton,but without obll�tion to do
<br /> �c, !nd virlMout�otics to or darnand upon T�u9tor and without re►aaein�Truator from any obtipatton,do any ect which Tru�4o�haa
<br /> �r«d but lalls to do a�nd may also do any other ect it deems neceasary to protect the aacuriry hereot.Trustor�hall,immedlately
<br /> • : upc�n di►mandthe��for t�y Lander,pay to Lender all co�ts and expenaes lncurred and aums expended by Lender in connactio�with
<br /> thc �xsrciie by L�nder ot the torepoiny rights,toflether with intereat thereon at the defaull rate provlded in the Note,which ehall be
<br /> i �dci�d to the Ind6btednass secured hereby. lender ahall not incur any Uability because of anything it may do or amlt to do
<br /> � h�r�under.
<br /> ! 9. Hs=ardou�MaN�iah,Truator ahall keep the Property in compllance with all appllcabta laws,ordinances and�eyulatio�s
<br /> ; rNatin� to industrlal hy�lene or environmerttel protection(cpilectively raterred to herein as"Envi�onmental Lawe'7•Trustor shall
<br /> . klsp the Property tree trom all aubstancea deemed to be hazardous or toxic under any Environmental�aws(collactively reter�ed to
<br /> h�r�ln as"Haterdoui Mate�lal�").Tru�tor hereby warranta and cepresent�to Lender that there are no kazardou�Materiela�n or
<br /> f undwthe Property.Trustor hereby agrees fo indemniry and hpld harmleso Lender,its dlrectors,OfliCPf9,emptoyees end agenis,and
<br /> anyr successaro to Lender'a Inte�esf,irom and a9ainst any and all ctaims,damages,losses and liabilities arising le�connection with
<br /> . the pre�encs,uaa,dlaposal o�transport of any Hazardous Materiats on, �nder, trom or about the Property.THE FORE(iOINO
<br /> � WARAANTIESAN�REPRESENTATIpNS,AND TRUS70R'S OBI.IGATIONS PURSUANT TO TNE FOREQOINQ INOEMNITY,SHALL •
<br /> SURViVE RECONVEYANCE OF THlS D�ED OF TRUST.
<br /> i 1Q. Apf�nnNnf M R�nb.Tru�ta*hereby asslgns to lender the rents,issues and profits of the Property;provlded that Tru�tor
<br /> �htil,until lhe occu►rence of an Euent o}pelaull hereunde�.�ave the nyht tp collect and reta�n such rent�,isaues and protita es they
<br /> • � becoms due and payable.Upon the accurrence o1 an Eve:,7 01��tault.Lender may,e�ther in person or by agent,wlth or without
<br /> Orinylnp any action or proceediny,or 5y a receive► appo'rt;8d by a court and without regard to the adequacy o}its security,enter
<br /> ! upon and teke posaesalon o1 the Prope►ty,or any pa�t thereof,in its own name or in the name ot the T�ustea,and do eny acts�R��h it
<br /> � dlesn9 necessary or desirable to preserve the value,marketabll�ry or rentabil�ty ot the Property,or any part the►eo1 oi interest therein,
<br /> inC�ease the income the�eirom or p�otect ihe secunty hareof and,with or ,�ithout taking possesaion of the Prcperry, sue far or
<br /> ' Glhelrr►iae callect the�enta, issues and profits thoreoi,including those past due and unpaid,and apply the same,lesa costs and
<br /> erp�nsea of ope�ation and collection Including ettorneys'fees,upon arx,�debtedness secured her�by,all in such orde�aalender
<br /> �r�� determine.Tt�e antennp upon and 2akiR�possess�on ot the Propest;:,the coftection of such c��,Issues end protits and the '
<br /> ���tio�thereof es afo�e�eid.shall not cure or wa�ve any detault or nptic�o!de?ault hereun�er or mvat�dats any act dOne In
<br /> relpr�nse to suCh detault or pursuent to suCh notice of de!�;;`*and,notw�thstandmg tr,acantinuance m possess:cn ol the Property or '
<br /> ; the coltectlon,r�celpt and appl�cation of ronta,iaeues or pro}�ts, and Trustee artd Len�er shall be ent�tted to exe�clse every riflht ;;
<br /> . provided tor In eny o1 the Loan Instruments or Dy law upon occurrence ot any Event ol Default.�nclud�ng w,thout limitation the ripht .
<br /> t0exercise the power ot sale.Further,lender'e r�ghts and remed�es under this paragreph shall be cumutative with,and In no way a --
<br /> - • :9m1l.;.!la::O�,:.vRi:�:'a:iyht;.�r.�r;,rr�tLr iirG��S�i��uoa��:Tvi i O=��iuiwb wi i�cer�;s soGvider�'a ayni�isi ine rrOperty L8n0er. �tUStA9 �—v
<br /> and the recerver shall be liable to account onty for those r�nt�actually reCe�ved ��--
<br /> 11, E1neh M�M.The tnllowina ahatl cnnstitute an Fvant n!npta��ir����r.. �h�g nr.>.�..�T;.,�� �
<br /> ' (e) Feilure to pay any irtsL1llment of pr�nCipal or�ntere3t of any otrier 8um secured hereby when due:
<br /> (b) A breach of or deiault undor any G-ovis�on contained+n tho Note,thi9 De@A Of�Trust,any o1 tha Loan Instruments,or any -
<br /> other lien or encumbrance upon the Pr��erty, ,
<br /> ° (c) A wnt o}execution or ettachmer.t c��any s�mdar procoss shali bo entered aga�nst Trustor wh�ch shall become a I�e�on -
<br /> � the PropArty or any portion thereol or�ntefest there�n. �
<br /> (d) There shell be fded by or a9amst Trustor or R�rrower an actio� under any present or tuture federat,stata or other
<br /> statute,law or repuletion retating to bankruptcy, inscl�.�ney or other relief tor dehtors;or there Shall be appo�nted any trustee.
<br /> reCtliver or liquidator oi Trustor o►Borrower or of alt or any pa�t ot the�ropeRy,or Ihe rents,issues or p�ofita thereo},o�trustor
<br /> or Borrower ahall.make any Qeneral assipnment for;he benetit of cred�tors:
<br /> ' (e) The sale,transter,tease,Ass�gnment,convoyance or further encumbrance o1 all or any part of or any mterest in the �
<br /> , PrOperty, slther vptuntanly or involu�tanly, without the express wntten Consent ot L�nder, provided that Trustor shall be
<br /> �,ermitted to execute e leese o1 tha Property that daes not contam an opt�on to purChase and the term pf whiCh does not exCeed
<br /> ooe yeai;
<br /> (� Abandonment ot the Property:or :�,...
<br /> : (�) If Trustor Is not an individual,the�ssuance,sala,tianster.ass���men1,conveyance or encumbrance of more th�n a tatel ,'�
<br /> of_ percent of(rt a carporat�on)�ts�ssued an�ouistand�ng stock or��1 a p�rtnersh�p)a total of .., percent of
<br /> pertnershi(p InterestS during the genod this DeQd of Tr;;St rgmain8 8 1�@n On the Prpperty
<br /> ' 12. Ram�dN�:Ace�i�rallon lipon ONauR.ln the event a1 any Event�S Default Lender may,w�thout not�ce except as reqwred Cy
<br /> taw,declare all indebtedness secured herets�ro be due 3nd payabte a��tho same shall thereupon become due and payable
<br /> with�,ut any presentment,demand.protest Q*�rotice of any kind.T�ereat!sr Lender may.
<br /> (a) Demand that Trustee exerc�se ti�e POWER QF SALE granted he►em. and Trustee snai� tnerea`ter causa T+uator's
<br /> • intere�t In th@ PrOperty to tre srild and the p�oceeCs ta be d+str�Duted,all m the�anne►provrded�n the hetrresk�trust Deeds
<br /> ACt;
<br /> � (b) ExerCise any and alt n�ht9 prOvcded}or in any Of th6 L08n Instruments or by law upon oCCUrrence Ot any E�ent ot
<br /> Detauit;and
<br /> (C) Ct2mrnSnce sn sct�an tolor8Cta5�tRiS De��df TruSt n9 a r��Urt�aye,appomt a�eCetver,o:spec�ncatty enforGe a:^f ot the
<br /> c��t�ants hereot.
<br /> � Nore4'^edy hOreln conferred upcn o►rese�ved to Trustee�-Lender�s intended to Do oxclus�ve ol any ather rE�^�dy here�n.�n the
<br /> Loan lnatruments or by taw prov�ded ur perm�tee�,but ea�-n shall ba cumulat�ve.snaii be�n add�t�on to every c�."!er remedy givon
<br /> hereunder,in the Loan Instrumonts or now or her�aftef ex�st�ng at law or m equ�ty or by statute,and may be exerc�seci concurren:ly.
<br /> independently or 3uccessively.
<br /> 13.Tn1ttN.The Trustee may res�gn at any Lme �:hout Cause. and l�nder rnay st any urne and wrthcLt cause appoint a . �
<br /> suCte�ssor or subst�tute trustee.Trustee shell not be habre to any p�rty,�nCludmg withaut I:mqaUOn Lentler.Bor•�war,Trustor or any
<br /> purchaser of the Property,fOr eny loss or damage unless due to reCklgss o�w�tlfut m�scond�ct �nd sna��not De requ�►ed to lake any
<br /> 8CtI0n m connoction w�th the enforceme�t ot th�s Deed ot Trust unless �ndemn�f,ed.�n w►st�ng, ior 81� CoSts. compensataon ot
<br /> expen98s+nrh�ch may 6e associated thnraw�th In acld�tton.Trustee may became a pu�chaser at any sale�t the P�operty�ud�c�a1 or �
<br /> under the power o! sale granted here�n►, postpono the sale ot a:l Or any Uprt�O�O� th� Property as prov��ed by faw.or sell the
<br /> Property as a whole,or in separate parcols or tots ar Trustee's d�scret�en
<br /> 14. FNf and ExplrsaN.In the avent Trustee seus tho property by exerc�se o!pawer o►saie. Trusteo srai(be ent�tletl ta apply
<br /> � any5ale proceedg f�rst to payment of all casta and expe��as ot ex�rc�s�ng power of�ie. _nc�utl�ng au Trustee s fees.and l.end�r s
<br /> an�T:c�stoe's nttorRU�'s tsas.ac!ua�ly tncurre0 to e�terTt pe�'�+�ttod try appf�c�D�o�aM� �n 1hE E�e•�t�3unowe�o� Trusto�exer��ses any
<br /> r�ghlprov�d�d by law to cure an Evenf o}Dafauit �ender shait b�ent�tlod to reca�e� i�or t��stor aii CoSts 3nd e�pensas�cfuaf�y t+
<br /> �neurred as a rosult ot Trustor's de►au�t. �nciu��n� w,thO�t i�m�t�l�On �ii� trustee 5 0rvd Btt�me�S }QE!5 to�r.�; �xtont pe�m�tted by �
<br /> n�phcabl� law
<br /> t`; Futur� Advanc�s. Upon rc�quost �t B;7rrpwe► Len;ie� ma at �ts u t o�� T:kc> �dd•t�o� � ' `'!`
<br /> Y R � � ��nd �uturt• �dv.��CC�S :lrad rF�•
<br /> ��v,1nCfls to Eio«ower SuGh<�dvanceS 8�i1�BFICSYBttI'BS Yi�lh •n1C'�'3��h('�E•<�r S•,�s��ht�SCC.:ftd��1�'•S deEd��Tiu51 At flU htTS!!Sh£ltl .� .
<br /> li,vprr ncip,�i Amourt of thp intlODte�ne5s secure�bv!r�s Deed P�T�uSI r�Ut �� ;i.ry.r ;{ t•i� �,:Idv.i��CNd!'J pfOtPGt /� r �(H11S
<br /> �3ElQd �1 TtUSt. t7MCCCi1 th0 Ot�g�n,�i printip3�emUUnt St�]!ed r•f�re��� ;� S +�• :`�c•.e•• �s q•e�:irf���/��•'
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