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<br /> took p1aaQ. �ny appliaaLioa o� proc�ads to dd�b�odn�os ahall
<br /> �� an� u�c�oe�d or pc,��pc�n� �bw due de�e o� er�y Pa3ry�e�n�c undor ths
<br /> . s .,�;�� ,:,.� �ioto, or cura any d�tanit t.herounder or hereund4r.
<br /> . � ,.
<br /> • �, ; :.��•- � � -
<br /> -� ±� 5. �g�. Opoa �rritten dossnd by IA�er, Truetor shall -
<br /> ,:;�----
<br /> �.�.°, �, , .•:. pay �o Lendor, in suaA �ner aa Lendsr may deeiqnate, auffiei�at �:._ � -__-
<br /> � , �� � aue� to eneble Laador to pay ao tb�y baaome duo cne or moro of `� � --
<br /> . �,y a;,�� ..
<br /> �_ .� :`y'' _--
<br /> r the followiags (i) ell t�es, aseesements and other cb�rgas _
<br /> -° ' � �:'` � • '+ �'� ageinet the Propesty s (ii) the pre�aiume oa the property insuranae ���--
<br />~-;t- . ; ,zt�� :i��'r,����, �� required hereuader, and (iii� tho premi.ums on aay martgaqe insur- �:-
<br />-��.�r• � :. �” ance requirsd by Leader. =_
<br /> � �'' �a,.-.
<br /> =i�s:. v! •:�;..` .�� — --
<br /> _�>; ; . .��--,.�s-,� 6. Truetor ���-`
<br />.�RRl;�'_A'1:: • ��:....—.
<br /> �_.--i ��1.r'�' �" �habl keep the Proparty n qooal condition and repeiri ehall
<br />- T�� �.,;; � pro�ptly repeir, or replace, a�np f�roveaent whfch aay be da�aqed -_:
<br /> °"'�' " or destroyed; sL�ll no� co�uLt or permit any waete or deteriora- _�-
<br /> :_s,.��
<br /> ^ ;:.D^�y,;�,'%y •„
<br /> + � F�� -' tion of the Property� ehall �t remove, demolish or eubetantial�y -i�°�=--
<br /> • '� , �q�� �;;.'?�� . �'.: alter eny of the i�aprovewent� on thQ Property; ahall not aosa�it, --
<br /> I.� :� 'll�..,���.: f....:. . �,,,:-
<br /> �,-�r�_,�„�� . suffer or permi.t any a�t to be done in ar upon tbe Property in -
<br /> ° �r•
<br /> I:�.;.,,.:s.rf��:;:: violation of any law, ordiaa►aaoe or regulation; and shall pro�optly � �= ;---
<br /> - �,.,,'.'. diachar e at rrustor s cost a�r�� a�� nee aZl 3.iene, e�i�t►�rnucaa r,.
<br /> ,,,.;..�,;.,r � ,. � a
<br /> �.�, ��4��;'4 g � � -.;.."'�
<br /> �. 4� �� and charqes aevied, imposed or aseQ��ed aga�.a�st the Property or ____
<br /> 'Ef�� _*,. �di�';`� 4.-; apy p�rt thernof. _
<br /> . . m ��:�`.� =----
<br /> . w:.c:_;:t�,2 ' �
<br /> r 7. Eminent Do��e�. Leanaler is D�ereby ais��.gned $11 compensa- —
<br /> � a ���� ' �::Y� tion, awarde, damages end otth�r paymeate or seb�ef (�oreinafter �"'
<br /> ••�" � �`��` "Proceeds") in conne�cta.oa� wii¢D� candemaatiou �or ottnes takinq of �� "
<br /> ���:�. .:i��. ' - .t. = ��;�;:.-
<br /> =.•-�`-• �t � ��" ' �� ����' the Property or part t�aexeco�, or for conveyanae �.m �.ieu of con-
<br /> r . a i,{.�i��..
<br /> `•�... ���k;. �IR��--
<br /> �� � � � • '� � demmatioa. Lender s�dll b�e emtitled at its opt�.va� to commeace, �.��.
<br /> � Y.,.i�' ___�_'_'
<br />-_,�=-,!-�4'. .,.:,_n��- " ap�ar �in and prosecute in �ta own �uaR any a��i�aa o� proceed- �._:.-.;:.-
<br /> -. ,�,�.5.ti:.
<br /> .. ''; ;;; '�,�,,;:? � �c „ iaag�, and eta��l also be entaatfle� to taake ay►� coa�a�aamiae or set- �;;:-
<br /> �,?��' ����`�"`' t�.eaa►ent ia a�m�m�ction with en��ci� tak�.t�g or c�auamg�e. �an the event ___ - _
<br /> . ,'{ i�.l�t�ib"i�.t.� yt � r
<br /> � •, ;; � . ,�'��;;;,:.' " ��, aim� pn�tion of the Property is sa► ta➢�en or d�naqed, 1Gsnder ehall �°
<br /> . , a . 'j� �1 .1:,. �1t'�i�v,.
<br /> � ,�; � _ '�•�1:��.��1 �}�ave t�e opt3an, it �.ts sole aad �las�+lute disoretion, to apply --
<br /> ' ' ' i ^�"3� .�:•t all suah Pro�ceeds, after deductfag ��ierefrom all costs e�nd
<br />- y.:s�: �.,. �,,. _
<br /> � -3`�°%i�;,,���, �>'.�� expenses incurred by it in conu�c�i�n with such Pracceda, upQa ��____
<br /> �. N•t �- � � '��'� �� any indebtadness secured hereby and in such �ozder ae Lender may
<br />'� ��"����n�•^ �" determine, or to apply all such Procesds, after such deductions, '��.k�^
<br /> •:���' ' � �"''' ��-� to t he restora t ion o f t he Prope rty upon such conditions as Lender �r°`� "�
<br /> � ^ �`'Y ' may determi.ne. Any application of Proceede to inde bte d ness shall '�"�`�
<br /> •`�` � � �, .� '�� '' not extend or postpone the dus date of any paymeats undar the � °
<br /> � ' ra��"r,��""`�` ��! Note, or cure any default t�nereunder or hQre a a a a der. A ay unapp l i e d �--
<br /> . °�� ��� funds ahall be paid to Trust�r, '`� yi���_,'_�
<br /> : rf� . � :rP '1��=;_.
<br /> ' ;; � s � �.�i�,�, 8. Performar��e �� Lenc�er. Upoaa tAe occurrernce o� e�n Event ���-.
<br /> �• � • ° '` of �efault hereunder, or if any act ss teken or legaIl proceeding -
<br /> . �.'' ,�,. , r��}'��
<br /> ,� , . ,. commenced, which �pateria�l� affects Lender's interes+t in the :;+�,��.�,�.'
<br />.t�,�w . :: '�� .., Property, Lender may in its �own dis�cretion, but witl���+t ob�n.��- �.:. ., ,.
<br /> ��,�a�f�t►.;�r., ' • �. +:; ,,;j'�;�;. tioan to do so, ancd w�thout r�atice to or demand upan 'ssaast�� �d F � �
<br />'. r','•� �:... 4. �_ _
<br /> .,;�.;,.�. .; ;��,��. ,w,�a�•� ;.;�;� wit@��ut releasing �'a�aastor fsnt� any bmligation, do a��� 8Ct W�,i�Ch � "_
<br />����;�t!��s�?t�� '�:.3�''�t';.�:;!!�,��,�':5�' Trustor has acg�reetD ���at fail� to do aaid may alao do any other act �
<br /> . �j' "' it deems n�c�sgary to protec+t the security h�reof. Tru�tor � '�'•'�r��'•`
<br /> ���::.;z:.•::�;. . ,. , ,
<br />,'.. � � .�..�....�� . . , � • ,
<br /> . :;.�,;,,;;.. . ehall, immea�iately u�on demand therefor by H��ad�ar, pay to Lender �;r�;;.;;{..
<br /> . � '" : � , all costs and expe�nses iacurred arnc� sums esp�ended by Lender in �;��;�:�';��,��_�•,�..
<br /> � " � connection with the ezercise by L,en�d,er of the foreqoing riqhte, � �;. .', „
<br /> ' , '� together with intere�t thereon at �ku�e default rate provided ia � � :,;;;!;��.,;,:,
<br /> � ;, •
<br /> �'`, r,;���,;��: the Note, which shall be aaided to the inde��tedness sec:uYaii � " � ` ::
<br /> , �• ., � hereby. Lender shall not i���cccrc any lfabilit� because of aing�thinq ,;:,�.,;.�;,
<br /> ` � it may do or omit to do here�nnder. • '
<br /> r�
<br /> , ' ��+ ,; . ',; 9. �azardous l�ateria
<br /> �•.,;;t,.,,; .,:,, �. Trustor shall kee�p tPn� Propea-ty in
<br /> � '. � � � • compliatdce t�rit�n all applica9�le laws, ordinate�es and regulat�.mns . ,.
<br /> ;;;_ , �,� relatinq to iadustrial hygiette or environme��al protectiom � ,.
<br /> �,.'�_. .. �_._ (collectively re�erred to herein as "Lnvironmental Laws") . �
<br /> � - - '�-�--�� � -� Trustor ehall keep the Property frQe from all eubstances deemed
<br /> � to be hazardous or toaic under an� environmeatal Laws
<br /> ' S: ��-. (collectively referred to herein ae "8azardoue Materials").
<br /> � � �'� ' Truetor hereby warrants and represen�ts to Lender tihat ttnere are
<br /> ' � � `� ao Hazerdous Materials on or under t�e Property. Truetor here�sg�
<br /> � f ;�, agrees to indemnify and hold harmlQSe Lender, its directars,
<br /> � ; ,! officers, employees and aqents, end ainy succeseors to Lender's
<br /> , � intere�t, from and against any and all claims, demaqes, losses
<br /> � w. . and liabilities arieiaq in coanectiott with the presence, use dis-
<br /> r .
<br /> � �� 3 �
<br />_ —--- _ �
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