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<br /> :__ -- ' � 93„ 1�n�22 �
<br /> � - th� 1►xop�rty in violatiion oE any l�M, ordieanae, or regulation� __
<br /> . � �r;�y and �hall pay and pro�ptiy di�eharq� at Borrowsr's ca�t en8
<br /> �� �{� � '� expan�e all litn�, encwnbrRna�� and charqea levied, i�apo�ed or _
<br /> ° : ' �������d �q�inst th� Prop�rty ur any Part tih�r�ol. �
<br /> _..�,.,,.�� __
<br /> ' �`-���'�°'°" Smi.nent Oomai . Lsnder f• h�reby aaoignod all � --
<br /> ,.�;, ,.,.,; . :.,.� 6.
<br /> ; ;,,�r..�,,. '���;,�`-�� eompsn�ation, +sw�r�9a, amag�a aed o�her paymsnts ar r�li�f _-
<br /> . .r '�
<br /> _- , '.A: ;:;r} ` ,�,�,_:'. �hereina��ex "Proceeds") in aonneotio� with condemn�tion or other :�µ.
<br /> - ;���.;:. •• a takiag o! tha Property or pnr� the�ceol, ox �or aonveysnae in liau �{;,
<br /> ,•-.-.
<br />_��Y_� f�'��'''-�'��: of eondemnation. Landes shall ba en�itl�d, ati ita option, to ,��h�
<br /> - i',, ;;,�� ,,'.'''�'�'-��« . ���nce, appear in and proseaute in its owa name any action or �'';
<br />-�'�r��:����� �^"� procee�Ifng�, and �hall a�lao be e�nlitled to meke any caa�rosise or �:_
<br /> ,,::,:� ��, in tha
<br />�--_�,;�:.; '�• rl����. � sett].ewant in connection with �uch tt�king or dwga. -
<br /> -�• �}�z��:;���".. '�:,�` ev�nt any port�an of the Property f• so �akan or deu�aged. Lender �°�.
<br />-"•'' � . u��.,,�� ... }.n,�` �• �—
<br /> ,. �:.: �.��.,,�N� �ha11 h+ava the optioe. �Ln fte sole an8 absolute diacretion. to �`.
<br /> i�•;::v.•f',•���;
<br /> ��t.;, appiy all �uah Proceede, alter aeduatinq tfi�erofra� all cost• and :_:,
<br /> '� •,' r:-��..� �� ex �o�ea incurred by it in connection with euch Praaeeds, upon :�
<br /> n• `,.Sq:'rr�t�`. "
<br /> ' �.,.,t,;�,;?�. � �ny i n d e b t a d n�a� s a a t�r a�l h e s e b y an8 in such .oacdar as Lwnder way .,_,
<br /> �:... _ -_ c��;��.:a �et���,�,�; �x to wpply wll auch 1�roeseds. aff�esr �aw�clh dadualiona.
<br /> -r�:.� �..�;:�t. =``'_ :
<br /> . ��;4'" i���ia� ' to the x��t�xation of tF�es ["r�per&� apon ea�6� c�rowl�tions A� Lonue� �,.��
<br /> '�;.'` Q` Any aPPI��aa�t�.�n �¢ Proce�s�f� to ir�zlebtedxie�.� ahall �`.;"-
<br /> t::.-t�.i �. ,�I(� - �� �P4�r.����• �
<br /> ,�° � ,���`�f;,� ��t �x�eaa^� or po�tpone t�e due �d��e o� aao� pAyrr��nts �v�d�� the � �.,
<br /> � . �#I ',�f� �d
<br /> ��"'�`�`"�� N�t�, or qnre any degault thereuae�ex ar h�reunder. _--.1:_
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<br /> �' �`�1�.'.�. 7. Perfozmanc� b Lender. x� �the eve�t of �orxower'n , 6-,.
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<br /> . , , . failure �o per orm eny o e aoven�nt� 0►�rein or malce Aaa� paY� �
<br /> n . .,: � ;.. ments required hereby, or ig eny a�t is takeri or leqal pruc�eedinq __
<br /> • ' ����:.�.>:;,{�i��c;;•;;�,�.� cwraenaed which matesially aflects Lender's intere�t in the �
<br /> �" Pxoperty, .Lender may in iti� own disaretiion, buti wi�out obliga- _
<br /> - - _—=n�����.�,,°,� tioa to do ao, and withou� �i�i�cl�a Lo or 3esaand npo�t 9orxos3sr, aa�! _..
<br /> ���'��� ��-'�� ';�'��' ='=" ��, Without raleasing Borrowe� fsoa� a�y obligation, vo apy �c+t which ��__
<br /> ���.���.':.:;:�:;..: �,the �orrower has agreed �u� �ai�.$ to do and may elso do.a�oy athar �
<br /> ?'"_'' `,S:r;ki:f �R:
<br /> • � �� •< ,j� mc� it deems nece�aary to protec� �he secarity heraat. e��rower
<br /> � ' �""�;,�.��:;i��;;'�;.� � �Onall, inuaadial:ely upon demand there�or by Lender, pay to Le�der �;°:
<br /> - ; �Y:;;�,�}. •r�!�'�'�' ' ' sll eoste and expenses lncurred �n� sums expesndrsw3 Ly ide�c3ar in _
<br /> ��
<br /> .�;;;,�_�. : �„ connectian with the exercise by Lender o! the fore�g�oiro�g r:i•gbt�. ;_
<br /> , - ;. .;,,;�y togather Nith interest t�hereon at the defAUlt rate ps�vfldl�d in '�
<br /> _ � �.},�a•••���.� :.�+,: th� Note, which shal]. be adde8 to the n e te�mc�� aecured ,
<br /> • � hereby. Lender eha].1 not incur any liability becau�� of anything _.
<br /> - � - it iaay do or omiti to 8o hereundQr. �
<br /> :�. 1',: �`'..
<br /> �'"''�'�� 8. Hazardous Ma�teri�ls. Horrower shall kee� the �`=-�
<br /> ,,. �.:_•�.�:,,.�.,, �� cD locdl �
<br /> , . ,;_,.: , _ . • Px�perty in comp enae w t any and all federal, et�te aa�
<br /> . . ���:��" lawa, ordlnances an8 regulations relating to incluatxial �t�yqiene �,=�
<br /> �• �' � J ° os to environmental conditiona on, under or about �he Property. ��-
<br /> ``�' � inaludinq, but not limited to, aoil and groundwater aond7lxions. ��"`
<br /> '� ' Truator ehell not uae, qenerate, manutactnre, atore or di.�;po�e o� �`s"�=
<br /> ,,,,. , .. �, . .
<br /> � ��:. ';'' . „ on, uncler or �bout the Propertiy or transport to or from the
<br /> • "`� � Proper�y eny flammable explosives, radioactive mtatetiale, haz�rdou� �_�_
<br /> ;� �_-- �,�;�� .
<br /> � ' �` 'rt�r�::=.:�.�"w; Mastee, toxic sube�ances or related materials, ir�cludinq, w i t h o u t �="�
<br /> �1�' `;�' �' limiti�tion, any substancee deiined as or included in the detini-
<br /> - . _°' -_��';�;��1=-..'��: » " "hazardous raetea", "hasa�rdovs �r"
<br /> � .,�ry�mt�- ,� , f;� �ion of hazardoug substancc� , .---.
<br /> ti;'`� ��,. � materials" or "toxic substances" under any applicable ��aws, -"=
<br /> � �� � . ord«nr�ncea or requlations (collectively referrea to hereinAfter �.
<br /> � __ ' as Hazardous Materials"1 . Borrower hereby warrants mnd rapre-
<br /> ��'`� ,`�' �� sents to Lender that tihere are no H�zardoua Me�erialp on or uades �
<br /> � .'�', ?�:�'�;:.. �� the Property. Borrower �h�ereby aqrees to indemnify anaol D�old
<br /> �;�'��'• harmlesa �ender, its di�e��tmrs, officera, employees and ugents,
<br /> - `•�r.: � .�.;;��: ' and any �uocessara ro Lecs�3�r'e interest, fr�om an�1 aaqainet any aed ,
<br /> . � ; ��, �.,t,� � ell alaims, dam���es and 3iabili���es arisimg in �co�nection with I .
<br /> ��- .. ` ���'".��'��� the preaence, use, atorm�e, dispa�al or tranapor�t of eny Hazardou� ;
<br /> � ' � Me�erials+ �on, under, fr�m or about the P�ro�erty, including, with- �
<br /> ��jS{� out li�n�t���tion, (a) a1� c��amageg directl� or indirectl�v arising �
<br />:--����'�'�� _, __= out of t➢�e uae, c�enerpta�o�, atorage or dispo�al of Hazardous �
<br /> �`� r' � 1�terials by eorr�owett� c�� any prior owner or operator or 'tne
<br /> '.'� '�� �•�. 1Psdperty, and !bD all crosts of any required or necessary repair, ,
<br /> � rt cleanup o� detoxificatimc� and the preparation of any closure or
<br /> ' other rc�uired plans, wC��t�G�er such action fs required or neces�
<br /> �� � sary prior ta or followiung transEer of title to the Property, to �
<br /> { � '• , , the full extent that auch action is attributable� directly or .
<br /> �. ' indirectly, to the presence or use, generation, storage, release, i .
<br /> ; � ' � ,�:��, threatened release or cAfgposal of Hazardous Materiala b}y any ,
<br /> , � � �j ��'� person on the Property prior to tranafer oi title thareto by
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