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:t <br /> ; <br /> , <br /> + <br /> j <br /> � <br /> ���' 14Q'7''78 <br /> As tbe opciaa of Brnefuiasr. a3l or aay part of t�sgnxd fees and�g-�. aaaro�d intaest a�d priccipal shrll become <br /> imaz�iatdy dne aad pxyabk.a.Ra giviag notice if reqnircd by las+.a�the oaucr+eace of a def�lt or aaytune ttxrrafta. <br /> tn addition, Bentfsc'vsry s5ati bc rntititt!to ati tht rcvoe�di�.s pno+rided by l:vv,che E�ridaxx af Debt.other evid�ncts of debt, . <br /> t2us Dad nf 7r.ut�ad�y reiued docaan�u inct�ding aritbocu,l�iaa.the poa�to sdl ttx ProQaty. <br /> If c3ere is a defnilt.Tnuter shsU.in}ddition to any abet perroiucd remedy,at cbe�req�a of tbe Beneficiary, sdvertise and <br /> srll the Pr+�aty at a whcde or m seQuate garods at public�+cdon to tht highat�idda for cash and coavy al�olute tide <br /> fm usd clr�r ef sll rigk�t. titk aad�o:Trvstor st ancb�ime and placc as Trucee desigsuta.Trosteo sisall give notia <br /> of sale induding tfse time. ter*z�s sad plaa of sr]e aad a de�cr:p�ioa of tbe pi+op�n�fo be sold as requirod bY�=PPlicaGlc <br /> law�n tf�sct a tf�e tirac of sbe prapaeed s�3a • <br /> Upon sa:z oi ttx propaty md xo thc ccuat not prohi3iud by tba►,7'cnstte siial!cmlc�amd de�i��a a dad to the Property sold <br /> whic�canvcys absolnic titk to the por�s�a.�nd afta P,tst p�yinR s11 fas,drarges aod a�cts. shait pay to Seneficiuy all <br /> moneys advuz� for r�pain. aaa. iasnrmoc. Iiens. a�es�smmu aad prior eaa�mb�nma.�s and imerat therma, and tlic <br /> Principal aad inttrat oa ths SeauLd Dcbt.pying the turpins. if a�, m Tmult�r. HCOeficiary may pnrchue the Property. <br /> 7�c reciula in aay doed of coaveyan��bal!be pcicm facie eride�ce of the facu sa for�thaein. . <br /> Atl runedics are ciistiact. a�nlative aod not exclasi�e, aad the Be�efx.�isry is�ntitle�d to a!t remedies Fmvidsd at law or <br /> equity, wlsctl�exprssly s+es £aKth or not.'Ibe�oaptmae bY Bcaeflciuy of aay siun in p�yma�t or putial payment on the <br /> S�cvrod Dobt aftu the bataaoe is dae or is acaitrstod o�afltx foraiowre proaldiaga m filsd shail not coratimce a waiver <br /> af Benefiriary's si�ht to roquire fnU asei c�pk�e aur of auq txiating defsnit. Bq not acerci:ing any remcdy on Tnutor's <br /> defmaic. Brneficiuy doca ax.r:ivr.B�ceF�y'i rigpt to lurr aa�da the rvau a defsnit iI ft contimxs or happaB aga�n. <br /> 18.&RF'�:SES:ADVA,'VCES O�V COVEN#NTS:A'1't'OitNBXS�F.,S;COLLEC77QN COb"t'S. Exccpt w�rn prohibit�d <br /> by law, Trus�or a�as to prv a)1 of B�effciary's expenxa II Tnutor breacba my covrnant in this Deed of'ttust. Trustor <br /> R711 also pay on dennnd all ot Braeticiary's ezpa�es�aasrrod i-�cdiect:,�-y.t.�nwrin��.pres�rving ar prc►tecting tbe Property. <br /> or in any :avrntaria. �,dib. iaspoctia�s or ott�cr�udoao try �enc�y iA respect to the P�r.ty. Tnutor agrces to <br /> p�Y at! coats sad a�penses incurred by Sa�eficiary ia enforca�or protcctir►s Eia�tficlary's righu and remcdies under this <br /> �Of�f113t.ttlCitXyl2tg.b!!12 DOt�IIIqtCd W.t�lt1[flCy*S��L[S.COlilt COSId.�OI�Cf�C7I�litSGS.D[Kt t�lt$�CtllC�OGti� tS <br /> fuUy and finali}gsid. Beneficiary agrea to rdease ttis Dee�of'itast and Trtntor agrees to pay for any re�:iiation costs. <br /> A1i sucb� acnounu a�r di.;.an decnrs,d�rd w�! bas intcrat ftan tbc time af tfie edv�na at the high�st rate in eftect. fmm <br /> timc w timc.as pravided'ui tbe Ev�of Drh�t�d as pantivaf by l:vv. <br /> 14.ETIVY.Rfh�L�,�1T'AL I.AWS �1ND �iAZARIX3IL�� S[JR.STANCES. A� usai in thIs s�ctlon. (1) 'F.nvirorunrntai Law' <br /> rncans, withast limiution, t!r_• Camprrf�i�^e Fauvircnancrua! Rtspossse. Coct�tion ar�d �.isbility A:t (CERCLA. 42 <br /> U.S.C. 9601 ct stq.),all atlKr fxkr�,state s:rd}a�i laws,t�egnlstioas,ordin..Mxes,oourt ordrrs, attome.y g�etal opinions <br /> or iaterpmivc latas �q� tbe F+nblic hesau�. sxfrtv. vrtlEare, wvironment or a hazsrdous substance: ancf (2) <br /> 'Hu�rdoos Substance' meaa� �ny cnxic. radio�ai�e ar amrdoun m�taia). assie. pollutant or cantaminant ahich hat <br /> chara��taistics which rcnder ibe substatroe dm�oiu cK potsati.ilty dang�a�ow Eo tl�e piblia beatth. �a�ty. welfarc or - <br /> environrncnt. The term inclxdes. withnut Dimiwion, my subst�oes �ef'med a� '�r�us m�urial,• ,toxlc substances.' <br /> 'hazardous wast�' or '�io+�s subuama' ►mdcr atry Eaviromnental &,aw. Tnut�r rrQsese�s, warraata and agrce.c that, <br /> ezo�pt as previously disclosod aad acirnoa*loda�d in writ£ng: <br /> A. ,Io Hzrsrdau Slibatanoc has boen. is.or wn71`x 3oeataf.trau�sported.cmtwfacsurtd, tzeated. rtfineo, or hanciled by <br /> any paac�n�. un�er or a�boat tbe Fm}xzty. er.cx�t In the ordiaary coune of basinas and in suia oompliance with <br /> a11 applicabk Eaviroa�neata!Law. <br /> B. Tnutor has aot md wiIl not adue,co���bute tv.or�rmit t»e rda�e of my Ha�ardous Substanct on th=Proprrty. <br /> C. Tnutor will it�r�ediaidy noiify&aefieitry :f(1)a rr�er�e or thratened relea4e of Ha�ard�us Substance occura on, <br /> undcr or About the Pro�rtq or migrua or t�ratrns ta migrate fr�n nesrby propecty: or(2) thcre is a violation of <br /> any Envirennxx�tal L,aw concxcaing the Prapaty. In snc3�aa e�Yat.'�nn;ur wili take all�a,ry rcrnedial action in <br /> aa,ordsncc with Enviromnaxal Law. <br /> D. Tnutar has an knovviodge of ot rcason to belie�r tlscre is u�y pending ar threatened imestigation, claim, or <br /> proeceding of any icind rdadng to(1)any Haz�dova Stibstats�:. ��xued oa.usder or about the Property: or(2)any <br /> violation by'iYustor or a�te�vmt oi any Eavim�ul Law.:ma�tor wiA ittnnedi�ely noiify B�mflciary in writing <br /> ��A�r�or t,��co ba�en��my�n�a;n��`�ea �f iavatigation.cla:m.or proceeding. <br /> ln such an eveat. Bca.-flciary has t6c rig�t.bnt not the abilga�on.to pattici� :in aay s�h proceeding incl�lding the <br /> r.yn�to rccci�r rnpia oi any daamxacs rriatiag to snm�ings. <br /> E. Tnu!or aad evexy ta�aut hu�e baa.are ud shall remain in fnl!complima with aay apPl�cable Envimnmental Law. <br /> F. Thr.-R,.re no undesgrot�storage canlcs.ptivatt�or open wttls located oa or under the Property and no slch <br /> tsnic.c�um�a or wdl will be added unkss Beaefx:iary first ooasents m a-riting. <br /> G_ Tnistor wiil rr�ilarly inspe+ct the Pro�aty, moaitor tbe sctivitiea and uperations oa the Property, and confirm that <br /> all permits,licrmes o:approvai.�reqairai bY ffiY aPPlicable F�virorstnentai Law are obtained aad coe�pl:ed with. <br /> H. Trustor arill permit, or caiur �y t�ant to �erimt. Beaeficiazy or B��eficiary's ageat ta rntrr aad inspect the <br /> Propertv and review all records at any rta9enab:e!ime to detaTM...ine (i? the acisienoe. location and nature of any <br /> I�azani� Stibsca�ce on, unda or aboui the Propa�ty; (2} t2x eziuracr� !cx�et:wn, nahue. and rragnicude of anv <br /> Hazardous Substanc�t�sat has beea rrle�ed on. unda or about Lhe Prope�ty:or(3)w�ther or not Tnutc,r and a�y <br /> tenaut are in crmplianco�,1t?�appl�abl�EaYiror�tal Law. <br /> I. Upon Brneficiary's sequat and at any tiur�, Tnutor agrees, at Tnutor'� acpease� to engage a qualified <br /> envirom:�rr:al�ginar to pre�narr aa eavirona�cital ai;dit of the Proptziy:md ta submit the reslilts of such audii to <br /> Ba�enciary_ The cboict of th� r�vironmeasal atgiaea whn will Ferfara� such andit is snbjeG to Prnefici:�_-•', <br /> appmval. � <br /> � J. Beneficia.-y has the ri�ht, bat not the obligation, to perform aay of'd'rusto:'s obligatio� undrr :his sxtioB at <br /> � i nutnr's e�c�+c�se. <br /> K. A� a conseqctnre oT any breach of any represrniatioa, watraaty or pr�omise made in this setxion, (I) Trustor will <br /> indcmiuf}and hald Beaeficiar}u�d BeQef�"sary's svca�ors or assigns hazml�s from and against ail toues.caaims, <br /> demands, liabilities, clacnaga, de,aaup, respoase a�d remedia�.�ga oosts. pea.tlties and ezpeases, inciuding w:thout <br /> liinitatic:^ al, costs of litigation and attnrneys' fees, which Btricfitiary a,od Bweficiaty's�rs or assigns may <br /> sustain; an� �21 at B�neficiary's di�cetic,n, Beaefic?ary map ielease this Deed of Tmst and in retum Trvstor will <br /> provide Brneficiary with caU�erzl of ae lesst eyual vati�e to tbe �'ropecty secarod by this Doed of Trust without <br /> prejudice to aay of Beaeficiary's rights undet�liis Deed of Tnut. <br /> t f:�. paye 4 0/o <br /> o s?9�larv�S�mnv.k�e..St.Cbud.hW I I-80OJ97-33at I Fa+n I�6ICPOT�NE sOfJ0/97 <br /> . ..,.: , ,'t i;� <br />