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<br /> Note ot othetwise execttted in connection therewith,inoluding without limituHon guarunte�s,securitY aEtreements and ;,
<br /> oasignmcnta of leas�s and rer�ts,B}IAII b0 POfCtTCd t0 FtefEt�p U8 t}t8"Lonn Instcumenta". �
<br /> TRUS70R COVENANTS AND AC3REES WI'I'fi LENDER AS FOLLOWS� '"
<br /> t. �.-
<br /> , �, p�,ym,en of Ind�L�4lti�9. All indebtedncss secured hereby shnll be puid whcn due.
<br /> �w:?��
<br /> �U.,�.�•�;�`• 2. �. Tmator ia the owner of the Property, ha�the right and authorlty to convoy tha Propercy ar►d ;ti,�,;;
<br /> � ;.� '
<br /> warranta that the lien oreated hereby ls a 8rst nnd prior lien on the ProQerty snd the exc:cution and delivary of the
<br /> ' Dc�ed af Trust does not vtolato atry conuact or other obllgauon ta which Tcustor is subject. .
<br /> . 3. Taxes Ax,ses.gm�nts. To pay before delinquent nll texes,apecial assessmenta tand all other chnrgos againat :��u.
<br /> .,'_�.
<br />.. ' the Property now or hereafter levIed. `_-�
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<br /> � 4. In�irr� c.�• To keep tha Property irtsured a8ainat dnmaBe by fue hezerds included with 4he tem► . ,:_ -
<br /> '.� � "extended covexige"and such other hazerds as Lender may reguire in arnounts and with companies ucrzptable to :n�`;
<br /> -;:;-:� �d�.�araing Lender as an addidonal nam e d in s u r e d w l t h loss p a y a b l e t o W e L e n d e r. I n c a s a o f l o s s under such _-
<br /> � poli�Ies,the Lender is authorized t�udjust,collect and compromise sll clotms thereunder aad shall have tha opdon of `.��^
<br /> • "' BPP�yinB aU os psre of the inaurance proceeds(i)ta e�ry indebtedness secured hereby and in such order as Lender may �_
<br /> ,or �i� for nny other pwpose or
<br /> determine,(iI)to the Trustor to be used for ttie repair or restoradon of the Property C �) :
<br /> - +�, object sa t i s�ctory w L e n der w l t h o u t a ff e a t i n g t h e l i e n o f t h i s D e e d o f T c u s t for the fhU umount secwed hereby before `,��`�_
<br /> • � such Fnyment ever took place. Any uppUcation of proceeils to indebtedness shaU not extend or postpone the due date
<br /> of a�ry pnyments under t1►e Note,or cure any deAault thereunder or hereunder. �,T``-
<br /> r'•—
<br /> Yr.=.---
<br /> 5. �!. Upon written demand by I�ander,Trustor shall pay to Lender,in �uch meanor as Le*�der muy ��-
<br />_� , , � deslgaate,suffident sums to enahle Lender to pay as they become due one or n�ore of the foAowing: (i)all tsxes. ____
<br /> ,S assessmems and other charges againat the Property:(ii)the ptemiwns on the property insurancs required hereunder.
<br /> '���� a�et(iii)the nrea�iums on anv mortgage insuraace required by Lender. _
<br /> _ ,�,-
<br />= 6, ��elntenance.Rensirs an Cog�lia.�ce with Lsws. Tcustor sball keep t1�e FroPenY ln S�d�ndidon aad '�
<br />_ • repa[r,shaU pmmpdy repair,or replace,any imProvemeat which may be damaged or destroYed+ahall rtot commlt or
<br /> ...: +..
<br /> pennit any weate or deteriorntion of the I'roperty; aUall not r�move, demoUah or substan�ally elter any of the _
<br /> . :.:.��:;;c imPnavPments on tho Property; shall not commh,au�8'er or permit suy act to be done in or upon the Propercy►
<br /> .:,�. •�% vIolution of any law,ordiuence or regulntton;and ahaU promptly discbarBe at Trustors coss and expense a11 liena.
<br />_ . � encumbrancea end charges levied,imposed or assESSed egainrstc the Property or any pert thereof.
<br />'— 7. ���t�? 1 . Leader ia hereby assigned all compensadon,awards,dama8es and other paymenta or
<br />� . '' ,�„ „ „ or att theneo�or for
<br /> a��;3 reQef(h�rdnaRer Proceeds)in connecxion wIth condemnf►ttan or other taldng of the Property P
<br /> , _,.,'^'` cemeynuce in lleu of condemnetion. Lender shaU be e�itled at its option to commence,aPPear in and proseGUta fn
<br />_�".�';v�.° aad shall also be on�tled to mnke aay compmmisa or eettlement tn
<br /> a����-' its own nune aay actton or proc�edinSs. ia so taken or damaged.Lender
<br />�:,,, _. .
<br />=�' : � connection wtth such teldng or daaisge. In tke event any portion of the PropertY
<br />�?� sholl have the optlon.it its solo end ebsolute disoretlon,to apply all such Proceeds.aRer deducdng therefmm nU costs
<br />_ :.,�.:•,�
<br /> 3:�;=.��}�:���,�,�, and e.'cgenses incutred by it tn coiuteatlon with such l�toceuda. upon any indebtedness seatnd heteby tu�d in suc
<br /> u:=,''=�,;��{�r.,.; order aa I.ender may determi��, or to apply a91 aich Pror,eeds, aRer euch deducdons,to tke restoration of the
<br /> - , ' proP�tty uPan such conditions as Lendea maems undec the Note,orpGUe�um!dc�ulpro the►cuttder ott�tret�nd�a►Y
<br />---'°��,�.' extend or postpone the due date of any p Ym °=
<br /> �.�; '�::, unaPPlied flutds shell b�p+sid to Tsvstor. r
<br />�=��--� t n the ocaerrenr,�of an Evc�ra of�t'auit hereumdat.or if a�►y ect la token or
<br /> =-- 8. �ariccb�c�.€i. L po
<br /> r .. commeaced, which m�►tt�ialiy af"i�wu� Lc,i�d�c's iaicr:N�t in the Pro�rty. Lender mey in ita own :-
<br />�`�-;. .. ....� . 1e8�1 ProceeNng m
<br /> '''r�" ' discretion,bat vyithout obligntton to do so,and without nodce to or demnnd upon T�ustor and withoat releastng _
<br /> _��... ..
<br /> .,.^�. ;_
<br /> - =y :�•,. Trustor�om am►obligation.do af►y acc which Trustor has egreed but fc�is to do and maY also do mry other act t
<br />-- dcems necesstuy to pmtect the security hereof. Trustor shall,imrnedtutely upoa demand therefor by Lenrlar,PaY to _
<br /> Lender aU costs end expenses inwrred and sums axpen d e d by L e n der U connect�on with tlte exercIse D5+Lender af _
<br /> ' �� the foregoing dghts,togethQr with iaterest thereon cit ths dethult rats provided in the Note,which shall be added to � _
<br /> 1 the indebtednesss scxured herebY. Le�►der shall not inwr aay itability because of anytl�in8 n may do ur omit to do °�.
<br /> �;,;.
<br /> _ �: hcrcunder. -_
<br /> t: �"�:
<br /> �� Ucable luwa�ordlnunces =v.--
<br /> ,. 9. ��.ou�Ma14�$. Tiustor�Loll keep tha Properiy in compilance with ull aPP �.°
<br /> ;� and regulatinns relnting to indusn'lal hygiene or Environm�mol protection (coUecrively cefr.�r�d to hurein os
<br /> e
<br /> "Environmentnl Y.awa"). ?tustor shall keep the Proparty tYee fl�om sil substunoos daemed to be hnzardnus ur axin `
<br /> - •- -- - �.,-� uader anS►Smnronmeatnt Laws(collcaivety regurred to haetn as"Heznrdouu IuQnt�ricata"). Tn�tor i�emby wanantn ��
<br /> .�_�._�r.. T...a�.v inro}fv aOM1+S LA
<br /> _ �T= --- und representa to I.ender that there ore rto Hnu�rloua irficccriais on vr umia�u�r�.ry.�.�. ......-. .._.--. -�-- -
<br /> indemnii3r cmd hoid hartnless I.eador.its directoce. oSic�ers,employce.a aad agents,and ar►Y sucaessors to Lsade�e �.
<br /> f�..
<br /> ,....;:,{;f;:`;;;,;�' interest.l i�m nn d a g n inst an y and all claims,dcu�8es,losses and liabilides cuising in conn�ction with tho presena'�,
<br /> ,:,t,,�:;: , use disposal or tn�nn,�ort of tmy Hnzardau!►Muteriuls oa.under.&om or About the E�roptity. THE FOREGOINQ
<br /> � WARRANfISS AI�ID 1iEPRESEr1T�►TIONS, AND TRUS'fOR'S OBLIGATIONS PURSUANT TO TI�
<br /> 1 FOTtEt30INft INDEMM"fY.SHALL SURVINE RECONVEYANCS OF'1'FIIS DHED t9F T[iUST.
<br /> .� ' 10. A$qia_nment o�IdPntn. Trustor horeby ossigns to I.ender the rcnts,iss�ses nnd proRts of t�t8 Pmpestl+.
<br />_ , provlded thnt Tn�stor ehall,until tho occurience of an Event of Bef�utt hereundes,have the dght to eollect nnd r+ewin
<br /> „
<br /> such renta.isaues artd pro8ts an thoy bccome due tu►d puyabte. Upon the occurrence of nn fiv�nt of DEf�ui�Lender
<br /> Pa�o 2 of S
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