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<br /> • At thc aption of Beneftclnry. nll ar nny pnn of the a�rccd f�ti�cuttl wt�nt6ds� Acc�ued lnterest and principal sh�ll become
<br /> ' ii�trcltately due mid poyablc:, nRer B►vinB noti�if requir��d by Inw.upr�t d�n oe.rutxenee of a default or nnytictte thereafter. ,
<br /> ' In cddition,Heneticiciry ehnll be entitled to nl!the remedtes provid�by luw,the 6vidsnce of De�t,other evideacPS of debt,
<br /> thin I2ced of Ttust and uny relnted dacuments includinB without limitttticm,the power to sell the Property.
<br /> If theee is n defnul�,Tn�atee ehnll,in nddiUon to nny other permitt��d remedy,nt the cequest of the Bttneficiury,advertise und ..
<br /> � t. sell the Pmpercy t�s n whole or in sepurnte parcels nt public nuetion to the hi�hest bidder For cash w«!wnvey absolua:title
<br /> • fc��+nd clelr of nll right.tiUe and interest of Trustor ut sueh time nnd plACe us Trustee designates.Teustee sball give notice
<br /> � ` of salc ittcludlnQ the time.terms and plece of sale and n descdption of the propPrty to be sol�i as required by the npplicable
<br /> �� luw in effect at the time of the progosed eale.
<br /> Upon snle of the projserty atcd to the eztent not prohiblted by taw,'Pcustecs sDuli mttice nnd deliver a deed to the Pmperty sold
<br /> � wdich conveys absolute t�Ue to th�purchascr.ond after first payla�ell feea,churt3es su►d co�ts• shatl pay to Benefi�iary all
<br /> �oneye advaaced for repAirs. taxRS. insurance, lienR. essessment� tmd pdor encunibrru�ces aad inteurcha�the Pro e�e
<br /> „ . . priacip�l and interest on the S�:ured Dabt.PaytnII the surplus. lf uuy, to T�ustor. Seacfictnry may p P rtY• �.,,'^
<br /> . The rec[wls in pny deed of conveyunce sb�nll�E prim!►facie evidense of the fects set forth themin.
<br /> ;� � pfl cemedies aee dIatinet. cumuleRive aad aot exclusive.and the Beneficiary is entided to all remr,dies provtded at lav�or ; ,-µ
<br /> �'' �. equity.�vhettter expressly sex forth or not.'Ihe accepuiace by Beneficiary of any swm in payittent or psutial payiuznt on tl�e =-
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<br /> Secut+ed Debt afier We b�lstit�is due or is ticcelernted or aRer fareelosuce proceedinQs�re filed shall aot coasti8tete A waiver ;;_
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<br /> - of Beneficinry's eight to�full mtd complete cur�of any exisun�default. !�y not e�ercising aay remedY�.�'�r�'t°i''S '-,�,
<br />_ � � d�efne�lt,Beueftciary does aot waive B��eg'�s[ary's right to later consider the eveat a default if It cuntinues or happe�s a8oln• ,�.'-
<br /> . ,�� 18.�X�'ENSFS;AD�►ANCF��N COVENAN7'3i A7T0liNEYS'�'ET53 COLLF.Q,"PION COS"i'S. Bxcept when prohiblted
<br /> " " `� , by law.Trustor ugrees to pa�r Al!of Beneficituy's eapenses if Trustor breaches any ooveaant ia this Deed of T�wst.Tzuswr -,_�
<br /> �vUl s+lso pay on demund s{ll a�Benefictary's expenses incwred in collectinB.Inswrin�.Gz�secvin�or pmtectLig Y�it:B'ropsrty f..`...
<br /> " > or in any inveatories.uudite. lnsp�t�on=�r other exumination by Beneficiary in resgest to We Properiy 7'n�cior agrees to _
<br /> • �• Puy ull taosts sud�xpenses lacur�+ed by 1�aftclary in enforcing or protecdng Beueficlary's rigE�ts�d remedies uader this =-
<br /> Deed of Tn�st.iacladiag,but noi limited co.attomeys'fees.coiut costs.and other legal e�cpenses.�ze the Secured Debi is =
<br /> EWIy und tinnlly pnid,Beneflciary agrees to release Wis Deed of Tcust und Trustor agcees to pay fo7 any recond�tlon oosts.
<br /> ,' _° � -� ��i�Qa mvide�in tlre B�vidence o D�d as permitt�ed by 1�of the ssiv�ce at the hig�►est rate i��e,i�fact�from
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<br /> � 19.ENVIRONI4'.f�.t�Td'AI.LAWS A1VD�RD(DUS SiJBSTANC�ES. Aa use,d in this sectlon. (1) "Environ:nentul Law"
<br /> - .. � means� witu�t IlImiWton� We Compteheasive Snvlronmeatel ResFe�,ComFensation and L�bntity Act(CBRCLA. 42
<br /> ' r:,`;;...�� U.S.C.9601 et seq.).alD�:�.�r fedecal.state cmd lacui laws��egulattons.ardin�ces,cua�ct ordets.atwtuey general opinions
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<br /> , ..!{:;'.'�'.;�;..� � ot iatetpnqive letteis as�a.'vaiag the public health. safety. welfa�, eaviraav�zns arT a hozardona subswuce� and (2)
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<br />� .�. .,:)- "Hezardous Suhstan�e" aneans aay wAic� radiaacuve or hazatdoua mnterl�l. vmstc, �ollutant or contziminant ahi os
<br /> • , chnractesistfcs wloich ceader the substanea dan8erous or potends�lly dangerous to the public hr:�1t�, safety. welfare or
<br /> envirowro�cat. 'Ihe term includes. wtthunt li�aitailon, any substuuces defutod as "hazardaua materru��E." "to�[a substano�s�•
<br /> ' . ° ,, ,. "h�nrdous waste"or°h�ardous su6sttance"under any�nvlronu�eatal Law. T�ustor re�resents�wattanto aad a�thut,
<br /> ,. • eacxpt as prevFously dIsclosod a�cd uckaowledged in wrltIng: ���ufastuied.treatod�refiaod.aov?�andled by
<br /> A. No HazEUdoas Subs:�nce has bcen.is.or w1U b6 lacated.�
<br />-��.•;:�N.zw•, � siny g�ersoa on.under or nbout the Property.excepf in the oidi�arY course of basiaess and in�rict oompllaace wIW
<br />�-w.+�^^�+��H�a ulla�t'�cable BavLonmentel Law.
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<br /> �-� �, � � B. 'Y'nrstorr�as aat end wIU noi cauue.oontribute to.or peimit tha�elease of nny Nazardous�mswnoe on the rtS►.
<br />�::=-a=�'^�•'�• C. Tcustur will immodiately aotIfy Bemsfldary if(1)n release or thretueaed c�eleuse of Hozardous Subswucc ocacurs on,
<br />-��_ . . ° under nr about the PcopeRS+or wi�nttes or threateas to migrate from neaiby pmperty:or(2�there is u violatton of _
<br /> - ' any Enviconmental I.aa coaxming tho Prnperty.In such an event�7tustap�iU tek+e t+lt ne�essary remedlai uction in
<br />��z � � ' R � �idaaas with Environmeatal II.aw. or ttueateadd investigution� claim. or -
<br /> �� " ..��"�': D. Tnu�tor has no knor�led�e of �x c+e�wn to believe thcre is an9 P�g �- __
<br /> --- _ p��ac�r�ing of say h�rl rc!ati�c 2�:q:)any Harsrdu:i°SwsL�..*.;^P tMatrA�►n,under or atrctiut the PtoDertY:or CZ)�Y =__-
<br />�= N�,�x±1�,r--V vtoladon by Teuswr or uny eenant of any Environmenttil Law.l�ustor wi11 iwnediutely notify Beneiiciery in writ#ng -
<br /> �3r.�; or threat�ed inves8gatton.cluim.or Pm�eddln8•
<br /> •���.�'''" as soon as Tcustor has ceasfln to ireliev�there is any such pendin8 iasl the
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<br /> -;+'"� K t�1�. _
<br /> �...�-f In enc4�aa event.Beneflcis�ry has the dght.but not the obligaflon.to piuticipat�ee in cu�y s�.ch pmoeed� -
<br /> .""�'`- • �` ri�h�ac�iteceive coptes of any dotvmenta reiutiug to su�tt pt+�oeedln88• _
<br /> t ng ��yle Envitoamental Law.
<br /> ` • . B. Trustpr and every te�ant have been.nre and shali remain in��11 campliana�v�th�ny�t _
<br />- . . ,�;� F. 'Ihere ore no undergmut�atom8e tnuks.Privsste dwnP9�r opea weils located on or u�a�r ahe Pcoperty and ao sitch �--
<br /> ,.;,�i:, � tank.dump or w�f!�l➢1 be addecl unless B�nefcctary first oQnseats ia�vrfttag. _
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<br /> -_ �,t•,`;�%�. t3. Tn�swr wlll re�l�insgect the Proptaty.ufonitor the nctivities and a4.�a�ans on ths FropeRy.end oanfirm at
<br /> � ' +•��'�;' r � ��nits.lloenses or approvals requiced by anY aPPlicable��ironmc.:.-�9 Y.�w are abtai:�ed und wmplted wtth. _
<br /> � H. '�1ti5iPS WIII jlCf��. or cavse any tenant to �eermit. B�c�k�mty or Beaeficiury's s��t �eatcr aud inspe� the e.:_
<br />_+ „•,� . � g1v,,�n�;�^y,aud review all c�eoo[ds ai any reasonable tLne to ah��e (I) the existesoe. �rxca-tion nnd �ture oY uny �:
<br />_ ., x �i2zttrtlons Sub�on, w�de� or about the Praperty:(2) th�existene�. locution. nz�Uri��, an�l mn�nitude of any �_,
<br /> . �� a Har�rdous Sui�s?��x thnt has be�released�,c�der or ubaut the P4vpenY:vr t3)w�or not Tx�or und nny �--
<br /> .� secant ate in oompliance with uppltcablo R�vi.�o�.�am.ntal I.aw. �.'
<br /> � . , I. N�o,z �eneflciary's request aad at uay tunc. Tmstor pgrees. �t Trustor's expease, to eagage u qualifced
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<br /> ... , � ear��nmcntc►1 enginser to prepum an envi¢onatental audlt of tFta Prapecty aBd W subatit the results�f su eu t to �;
<br /> ` -- --_,--------� HeueRciary. 'I1ie choioe of th�e environmentnl e�tueer w�o wfll perfoxm sac�h avdit Is subject tA Beaefcdnry's
<br /> _ �,• �- aPPmval. .
<br />- I. B�eliciuqr hns the right, but Roi the obli�tion, to perform any of'i'nm2ar's obli�ttons undcr thifl secdon ut
<br /> , . T�ustor's eap�sc. (1)Tcusior will
<br /> � K. As a consequeace of any br�cc�of any nepiesentation.warranty or piumise aiffie in thts section,
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<br />— indunnify aad holst Benegictm'Y aad B�eficiary's suoxssorn or assigns hamiless from aad against all losses.claims.
<br /> • ' .� dennnnde.liabUiNes, daanf�na• cleanup. re�nse and cemedlanian costs. Pencilties aa� e�cnses, includin���ithout
<br /> limitadon all oosta of lit3�atton aad uttoraeys'fees.wh{ch Betteficiary ctnd Be¢2ficiary s suooessflrs or a5slBns may
<br /> - � sns�4ain; and (2) at Beasf�cia�y's discretion. &�t�fcciary rr�y release this DPed of 7�ust aad in renun Tn:stor�vlll
<br /> - - � ' provide 8�efcctary �vltb vollcterul of c►t least equal value to the P�operty secut+ed bY chis O�ed of'CttESt wlthout
<br /> t Prejudicx to any of Bertefcc�ary's rip,hta uader this Deed of Tn►st.
<br /> �apa Q af 8
<br /> ` . . p 199�QEn1uo SV�cemf.ine.$t Claud.M.N tl tOG�9TtSAt1 iorm ACLLOaTJ�tE iQ.30.97 '��`
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