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2®1905766 submit the results of such audit to Lender. The choice of the environmental engineer who will perform such audit is subject to Lender's approval. J. Lender has the right, but not the obligation, to perform any of Grantor's obligations under this section at Grantor's expense. K. As a consequence of any breach of any representation, warranty or promise made in this section, (1) Grantor will indemnify and hold Lender and Lender's successors or assigns harmless from and against all losses, claims, demands, liabilities, damages, cleanup, response and remediation costs, penalties and expenses, including without limitation all costs of litigation and attorneys' fees, which Lender and Lender's successors or assigns may sustain; and (2) at Lender's discretion, Lender may release this Security Instrument and in return Grantor will provide Lender with collateral of at least equal value to the Property without prejudice to any of Lender's rights under this Security Instrument. L. Notwithstanding any of the language contained in this Security Instrument to the contrary, the terms of this section will survive anv foreclosure or satisfaction of this Security Instrument regardless of any passage of title to Lender or any disposition by Lender of any or all of the Property. Any claims and defenses to the contrary are hereby waived. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened tion by private or public entities to purchase or take any or all of the Property through ndemnation, eminent domain, or any other means. Grantor authorizes Lender to intervene in antor's name in any of the above described actions or claims. Grantor assigns to Lender the )ceeds of any award or claim for damages connected with a condemnation or other taking of or any part of the Property. Such proceeds will be considered payments and will be applied provided in this Security Instrument. This assignment of proceeds is subject to the terms of V prior mortgage, deed of trust, security agreement or other lien document. 1. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably sociated with the Property. Grantor will maintain this insurance in the amounts Lender quires. This insurance will last until the Property is released from this Security Instrument. hat Lender requires pursuant to the preceding two sentences can change during the term of 9 Secured Debts. Grantor may choose the insurance company, subject to Lender's approval, rich will not be unreasonably withheld. I insurance policies and renewals shall include a standard "mortgage clause" (or "lender loss gable clause") endorsement that names Lender as "mortgagee" and "loss payee". If required Lender, all insurance policies and renewals will also include an "additional insured" dorsement that names Lender as an "additional insured". If required by Lender, Grantor rees to maintain comprehensive general liability insurance and rental loss or business :erruption insurance in amounts and under policies acceptable to Lender. The comprehensive neral liability insurance must name Lender as an additional insured. The rental loss or isiness interruption insurance must be in an amount equal to at least coverage of one year's bt service, and required escrow account deposits (if agreed to separately in writing). antor will give Lender and the insurance company immediate notice of any loss. All insurance oceeds will be applied to restoration or repair of the Property or to the Secured Debts, at nder's option. If Lender acquires the Property in damaged condition, Grantor's rights to any ;urance policies and proceeds will pass to Lender to the extent of the Secured Debts. antor will immediately notify Lender of cancellation or termination of insurance. If Grantor ils to keep the Property insured, Lender may obtain insurance to protect Lender's interest in e Property and Grantor will pay for the insurance on Lender's demand. Lender may demand at Grantor pay for the insurance all at once, or Lender may add the insurance premiums to the (lance of the Secured Debts and charge interest on it at the rate that applies to the Secured ;bts. This insurance may include lesser or greater coverages than originally required of 'antor, may be written by a company other than one Grantor would choose, and may be ritten at a higher rate than Grantor could obtain if Grantor purchased the insurance. Grantor ;knowledges and agrees that Lender or one of Lender's affiliates may receive commissions on e purchase of this insurance. ). ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender nds for taxes and insurance in escrow. 2 1. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee aiwd appoint a successor without any other formality than the designation in writing. The successor trustee, without conveyance of the Property, will succeed to all the title, power and disties conferred upon Trustee by this Security Instrument and applicable law. 2 . USE OF PROPERTY. Grantor shall not use or occupy the Property in any manner that would c nstitute a violation of any state and/or federal laws involving controlled substances, even in a i isdiction that allows such use by state or local law or ordinance. In the event that Grantor Dead Of Trust �IEHS00000000002027019N Wolters Kluwer Financial Services 01996, 2019 Bankers Page 6 Systems*'"