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<br /> At the option of Beneficiary,all or uay part of the aBrced fees and chazges,accrued fntcrest and principal shall isecomu
<br /> � imms�di�tely dae and puyuble,after�iving nottce if requlred by law,upon the occunence of A default or anytime tdareafter. .
<br /> In uddition.Heneticjary ehall be endtled to all the r�medica provlded by law. the Evidence of Debt,other evidene:es of dabt. ,
<br /> ' , this Dr,ed of Truet and nay rclated documents irtcluding without timitatioa,the power t�sell the Property. � �
<br /> If there is a default.Tiustee shall,in addition to aay other permitted remedy,at the request of the Benet`iciary,advcttAAC end ,�_
<br /> sell the Property a,s a W+hole or in separate percels at public auctloa to the higltest bidder for cash and convey ebsolute dtl�s
<br /> ,: .'T: frae and clear of all right,title and interest of Truator at such titne and place as Trustee de�i�nates.Trustee sbeil give not�[e '
<br /> -� `°� of sale Including the time,termg aad place of sale ead a descrlptioa of the pmperty w be aoid as required by the applicubla _;�,;�.
<br /> .: . law ia effect at the tlme of the proposed saie.
<br /> � Upou sale of the property and to the exrent not prolubited by law.Trustee shall make aad deliver a deed to the Prnperty sold �.:,!=
<br /> which conveys absolute dde to the purthaser, and after first paying all fces.charges and coste,shall pay to Beaaficiary al� ;"Q
<br /> moaeys advanced for repaira, taxes. insuraace, liens. assessments and prior encumbrances end laterest tmereon, and tlia ' .���
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<br /> � prtncipal and interest on the Secured Debt.payln�the surplus, if any, to Trustor. Beneticiary may purchase th�Pt�neRy•
<br /> `+:;�•,,• . 1he recitals in any deed of conveyance aha11 i�e p dma facie evidence of the facts set farth therein. �.,:%"�,-��,;
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<br /> •. �'.>'���'' All remedies are diatinct, cumulative aad noc exclueive�and the aeneficlary is entided w all remedtes prmvid�l ac law a�r �::�
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<br /> • ' :`:�:.. .., equity.wbeth�.T expressly set forth or not. The acceptancx by Beneficlary of any at+m in payment or partiai payrnent on ehe �_.
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<br /> ,� •:•:••. ��• Se�ured Debt after the balance is due or is accelexated or after foreclosure proceedings are filed shall aot co��itute a waiver �l.ti�.;�
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<br /> � of Beueficiary's dght co require i1�11 and complete cure of any euisting default.By aot exercieing any cem�dY on Tavstor a �„_,_
<br /> � default,Heneficiary does not waive Beneflciary's d�ht to later conslder tlie event a default lf it continues or l�epReas again. �r�`3,.
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<br /> ry 18.EXPEN�ES;ADVANCES O1V COVENANTS;ATTORNEYS'FEF.S;COI.LECTION COS1'S.Bxcept w6en prabibited
<br /> " � by law.Tcustor agrees w PaY all of Beneficiary's expenses if Tn�ator breaches aay covennat ia this Deed of Tr�st. Tivatar ��;__
<br /> � wiU also pay on demand all of Beneticinry's expensea incuited in collectIa�.i�►surjnB•PreservtaE or protecting tha Proptsrty _-
<br /> or in any invenWriea, sudite,inspecttons or otUcr exantiaadon by BenBftciary ia mspect ro the Property.Ttuetor aIIrees ta ___
<br /> • �� � pay nll costs and expenses incurred by Beaefic[ary la eaforcing or protectiag Beneficiary's riahts end mtnedlea undar tliia __
<br /> Deed of Trust,iacluding,but aot limtted to,attorneys' fas.couet costa.aad other legal expensea.Once:the Secured Debt in
<br /> , � tWly end flanlly puid. Beneflciary Agrcea to release thie Deed of Trust und Trustor agreee to pay for uny re�c�aladaa canm.
<br /> _ ;_�, , �t�������P�a d�msnd and will bear interest from the time of the advunce at the higheat rat�!n effect,flrdvn _
<br /> �� tinte to time.as pmvided in the Bvidence of Debt nnd as pemtttted by law. ___
<br /> , ' 19.ENVIRONMEAI't'AI. LAWS AND HA2AItllOU9 3UBSTANCI:3. As used in thle section. (1) "Eavlmartrcatr�l Lcsa"
<br /> � m�uns� without limitatton� the Comprehensive Enviromaenwl Response. Compensation aad Liabfiity Act(CERCLA, 4�
<br /> ` � U.S.C.9601 et seq.). all other federal.state and local lawa.regulations.ozdinaitces,court ordero�attoraey genetal opl�tnu
<br /> or iatetpretive letters coaceraing tho public hculth. eafety, welfure� envlronment or a hazardout� subatance; �nd (2)
<br /> ' "Hazardous Substence" meaas aay toxio+ radiosictive or hazardoue materl�l, waste. pollutant or contannineat wh4eh�bus
<br />- characteriatics which cender tho substance daugerous or potenttaUy deagemus to the publtc health. safety, wel4ore ar
<br />_��� ., environtnent. 'Ihe term inaludes� withmu¢iimitstioa� any substances defined as "hazardouE muterlal�° •toxic eu8ataaoes�°
<br /> "hazardous weste or ha�rdous substauce" uader eny Environmentet Law.Truetor npreseuta.warrante an� agcaee t1n�t,
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<br /> "�" eacept as previously disclose�i and achaowled�ed In writinSt
<br />�,.• ..,_.,.`•� A. No I'lazardaus Substaace has been.Is. or will me locnted.traasported�menufactured.treated.refined�a.r hnndt�by
<br /> •.- . . • any�.ecson on,under or about the Property,except in the mr�nary cours�of busiaess nict!in suict compli�ce vritd
<br /> ",�'''1""�". aU a�licuble Bnvironmentc�l La�r.
<br /> '�'"`� B. Tivator has not and wi11 aot cause,coatribute to,or perndt the zelease of any Ha7ardous�u0stance on ttne l�pet¢Y•
<br />��,:M:.r:.;"'..r , G Tcustor wUl immec�cately aodiy Beueficiary if(1)a release or tLreatened rPieasc of Hazardoua Subs�aace accurs on,
<br /> under or abaut the�roperty or m�gratea or threatens to migrate from nec�'bY PropertY�or(2) thcre�a vtmlat[oa of
<br /> Y � any�vlronmental Lavo conce�ng the Pr�perty.In euch en event.Trustor wlll take ail�cessary s+emedial actimn i�t
<br />--'. ..�. acco�atance with�ttvironmental Q.,aw. --
<br /> s • �'+. � D. Trustor has no knowledEe of or reason to believe Yhere is any peudinB or tlu�tated investigedon, cla[ttn. or
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<br /> _ proce�ing of any kind relating to(1)eny Iiazardoua Substauce locatecl on,uader nr about the Pt�spet�yc or(2)�Y
<br />�,_,�:,;�� violatton by Truator or any tenant of any Enviromnental Law.Trustor will immediately nodfy Beaa�@ci�ry[n wrttln8 _
<br />=��=!;=�;.� as r�son:�:Tn3stor has ma�on tn helieve Were is az►Y such pendiug or threateued investi�ation. clairn,oT�lu�din �the -_
<br />��� _,;::::r . iu sucL au evcnt.Bcaefici�y h^W the r�gh�,hnt nnt the�biigation. tu P�►tfeipaie ia�ny Leu:i���oce�ling 8 {-_
<br />`*.�'. �,.. right w receive copiea of aay documents relating to such proceedings.
<br />- ' ,�' S. 'Tnistor and every tenant have b�n,are and shall cemain in full compliaace wlth any applicabte EavUonmental Law.
<br /> • F. There are no undecBrouad storaIIe tanks�Prlvate dumps or open welts lacated on or uader the Prmpe�ty aad no such -_-
<br /> '* taak,dump or well will be added unless Beneficiary first consents in wrlting. _ �.
<br /> '- p, Tcustor will regularly iasgect the ProPertY�monitor the activtties aad operntions on the Property.end coaften t1�at __
<br /> a11 pern�fta,licenses or appmvals roquired by anY applicable Environmental Law are abidned and complied with. _-
<br /> •� H. Ttuetor wili permit. or es�us� any tenant to permit. Beneficiery or Beneficiary's aIIeat to enter end laspect the �=�-�
<br /> ,_< property and revisw aU records ec anY reasonable tLne to detemilne(1)the cxtstence. locatioa and nature of aay ��_
<br /> � Hazardous Subatance oa. undex or abaut the Property;(2) the eaietenco, loaatton, natuce. and ma�nttude of eny �__
<br /> . � Hezardous Substance thnt hes been released on,under or about the Property; or(3)whether or aot Trustor aad nny �rf
<br /> � tenant are in c�mplfance a'i t h app i ica b le Env imnm e n t a t L a w• � .�istor's expense, to enga�e a qualified "-'�
<br /> �� ' I. Upon Beneficiaty's request +uiJ ut any timc, Trustoc agrEes. �,
<br /> mvirunmental enttineec to prepare an eavironmental nudit of the Property aad ro submit the resulta of sn4 h a�udi�to �Y;.:
<br /> _�_ _= Beneticiary. 11ie choicP of the envimnmental engiaeer wno wiii periorm �ui;u uu�.. �o o..��.....�� -----��--, - E-:
<br /> opprovsl.
<br /> ', . J. Beneficfary hes tt►e right. but not the obliQadon, to perfonn any of Trustoi �bligadoas under thls seaion at
<br /> Trostor's expense. (1)T['q8t0Y�11
<br /> � . K. As a consequence of any bmach of any representaeion,warranty or proratse macis in thia section,
<br /> � indemnify and hold Beneficlary and Beneficlary's successors or assigns harmless fmm and a�ainst dl losses,alulma.
<br /> � demands, liabilltles, damages, Cieanup. response and remediation wsts,penaides and expenses. inciuding without
<br /> " .;��. Dimltation all wsta nf ittigation and attorneys' fees,which Beaeficiary and Beneficlary's successoro a�r essigns mgy
<br /> ' ' sustain: und (2) at 88neficiary's discretion, BeneBciary may release this Deed of Trust and in retura Truator v�ill
<br /> � . . provide Beaeficiary wtth collaicral of at least equal vetue to the Property securEd by this Deed of Ttuat without
<br /> „. prejudtce to any of Beneficiery's d�hta under this Deed of Truat. ,
<br /> popo a or e
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<br /> ., • � �1993 BWOre Svetom�.Inc..St.Clpd.MN It•600•3fl74S411 fam AO/CO•DT•NE 10/30187 . --�.r.�+�.v�-.
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