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<br /> � ,;.� ,� ��-�� + 93� io�s�5 =
<br /> - "a�.•"'���;`; ■proceedsM) in aonnectioa With aondaanation or other takinq ot ���"
<br /> --� '- �b� Frape�ty o� p�t tFiaP�rof, oK �aY vua►veya�ace in liou o! con- :"�`._-�.--
<br /> ' "n�'''� daination. Lendar eAall be eAtitl� at its op�ian to commence,
<br /> ��a ' .i.7.: � � '�4.:,�
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<br /> -��.,;y�.�;���;�`�• eppQar in and prosecute in ite own nAme any eation or proceed-
<br /> t ,` `•� . inqs, end ehall aleo be entitled to makR any compronise ar set- �_,�-,�;-,
<br /> --_�.,, .���,.-�,, tle�mant in aonaec�iut� v�t3f�� such �akiaq ar damage. Ia the avent _ --
<br /> ''''�'' any partion o� the Property is so taken or de�unnqed, I.or.�ar aha�ll _
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<br /> a�*;��;;k��t�`..:'� hava tbe op�ion, it i�s eole and abeolute discretion, to apply �____
<br /> - all such Proceede, after deducting thorefrom all costs aad �'�-
<br /> � - �..y:;;';}�',,
<br /> ,.�..� ''' ` e aeoe incurred b it in connection with such Procoade, upon ���
<br /> -a_, ., d.rlf• ���; � � Y --
<br /> �_�, � any iadabtednese aecurad hereby ead in Ruch order as Lender mAy _
<br /> _��:; � ...•'��;` . � determine, or to apply a►11 euah Proaeed�, after eucb deduaCione, , � a:�-
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<br /> �`. �,, , � ; to the reatoration of the Property upon auch coaditione as �.ead�s r.,��, �:;__,��;�._
<br /> "'`�'� 1'�} � . . . mey determine. Any appliaation of Psoaeeds to indebtedness �laaAA '`_� ��
<br /> '� U not estend or poetpaae the due date of any payments under ttee --
<br />�a;,,�,. ; . ��'� � Note, or cure an default thereunder or bereuader. 11ny unsppT�.eci °"'°"�
<br /> . Y ��:.----
<br /> ' � • : funde shall t�e paid to Trustor. �;,f{:::�,,
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<br /> 8. ggrformanca b LAn�er. II on the occurrence af an Event f�< < '•�'��'"��=�
<br /> Y P �,f.;�f��"�•�':��°=�'=
<br /> of Default hereuader or if an act 3.s taken or �e al racv�am � � "
<br /> ;',` ��:;��� � Y � �? � �� � '- L :
<br /> `` �!7; " ;i':,;a;;s �� 7E��. commenced, whiab aaa�cerial3y aYi�cfc� Lend�r's ib�ca�a�az in �1�e ti� ;� j,�
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<br />" ` `.,. ;^� ���5��"���1'���'d��,' Pra ert , Lender rnay in its own discretion, but witbou t o b l iq a- �;�;;;?�;`;;ti-!�p��h�=
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<br /> � � ' � sa '�` ��'' �f-�: tion to do sc, and without aotice to or demand u�or� Trustor and ;4�+rs�+`,,:��,�'-
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<br /> + ••.'�5vf'�:;���.(� � �.i i.;'!:NA�/i%�i%i[�"`iit..
<br /> ,� without releas inq Trus tox from any o b l iga t ion, do a ny a a t w h i c h �
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<br /> " ,{�,}''��,i�,;�::�w,�,?.�i:: Trustor b�as agr e e d b u t f a i l s t o d o a n d m ay a l s o d o a ny o�h e r a c t ��, ,! �,,,,���<<:
<br /> � '�,,�;f'�����.�;.�,�: ;;••4,, it deems necessa r y to protect the securit y bereof. Trustor '���'� � .
<br /> , ;,�,,,�,�,��� ... . shall, �roaaediately upon demand therefor by Leader, pay to Lender ` , ,�_r
<br /> , ,ti�; •., u��,� ',q,.�'; all coets and e�cpeases iacurred and sums espended by Lender in ( ����----
<br /> _,:;��'.±�'?� ��:��'�"��� �� ' . connection with ths exercise by Lender of the foreqoing rights, ��•�.---_
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<br /> together with interasti thereon at the defa�ul� rate provided in ��
<br /> 1�� = the Nate, which shall ba added to the �nslebtedness secured �°���-�� =�•`
<br /> '' � �,� � hereby. Lender ehall nat incur any liability becauae of anything �`'"''�� �--
<br /> ��� : " � � . . it aaay do or omit to do horounder. � ' �e`
<br /> . ? . ,t ,t.,. , � ..
<br /> � � • 9. Hez rdoue Meterials. Trustor ehall koop the Property ia �-- -.--� : -'
<br /> � � complience with nll applicable ldwe, ordinenaes end reguletion� �'�'�°'� -
<br /> ' �' � `�"` relating to induetriel hygiene or envircaruaental protectioa �'r°
<br /> •� � • ' . ' . '�`�' � � (collectively referred to herein ae �8nvironmental 7.nwe"). �' ' � `_';�;:i
<br /> �` � Trustor shall keap the Property free from all eubstances deemed , ,�. �
<br /> �.;�'•�' �• ta be hazardous or toxic under any Bnvironmental Lawe "'""� `�'�°
<br /> � } s
<br /> i-� (collectively referred to harein as nAazardous Msterials"). �:.
<br /> '1/ � � Trustor hereby warrante and represemts to Lender that there aro : .
<br /> /':' ' � no Itazardoue Materials on or under the Property. Truetor hereby •,•�,s..
<br /> � �� • ��� � ,���"'� agrees to iademnify and hold harmleas Leader, its directors, ''(`^"���.•
<br /> ' r��• +•: .t' '�i�:;��r�
<br /> ..,:.;; .��s�s:;���.�:`�. officers, employees and agents, and any succeseors to Lettder's . __
<br /> : �•.:�t��': ;r,..'::;;{, ' � `':
<br /> ':' ; .. interest, from and aqainst any and all alaime, damaqes, loeses � �
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<br /> � � �� � � � >,� and liabilities arfsing in cnnnection with the preeence, use dis- ;;:���.._—
<br /> ,c'., ., ' 1. .�r;j�1�;��;,.:;Q:�.�._,� �
<br /> y��.: , � ; ti posal or transport of any Razardous Materials on, under, from or
<br /> ,. ;:yf,'�!'�#•�,;�,• �:f',s�' � --
<br /> "_'.�.,�•, q =:_�� , , .,, abou� the Property. THE FOREGOING WARRANTIE3 AND RBPRESENTATION, f , _
<br /> ,", ';,.ti�',�,,;a�"~ �-� AND TROSTOR'8 OBLIGATIONS PURSUANT TO THE FOREGOIN(� INDBMNITY, 1 + � -
<br /> , �,,, , •° ��.�_
<br /> ., 1".� . { .,,;,�'f,_ '� . 8HALL 3URVIVE RECONVSYANCE OF THI$ DEED OF TRUST. � �
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<br /> '� � "� �' • 10. Assfanment of Rents. Trustor hereby assiqns to Lender
<br /> •" ; , the rents, iseues and profits of the Property, provided that �
<br /> Trustor shall, until the occurrence of an Event of Default here- .
<br /> � � � under, have the rfght to collect and retain euch rents, iseues ':
<br /> , �,.. . and profits as they become dus and payable. Upon the occurrence
<br /> � '. , � of an Event of Default, Lender may, either in person or by aqent, .
<br /> � •,:,�.;''� ' with or without bringing any action or proceedinq, or by a '
<br /> .., i� � receiver appointed by a court and without regard to the adequacy �
<br /> . ' � � • of ite security, enter upon and take poeseseion of the Property,
<br /> or aay part thereof, in its .�wn name or in the name of the �
<br /> � Trustee, and do any acts which i:. deems neceseary or desirable to
<br /> : , ' � , preserve the value, marketability or rontability of the Property,
<br /> �__.::�._. . .. .. ,...�''' . nr �ni �n,Art thorenf� nr i ntc+ragt thRrain� incrAaaa thc� ineemA
<br /> therefrom, or protect the security thereof, and, witih or without
<br /> ; � ;��.' tak�ng posaessiorn o� the Propert��, sn�e �or, or otherwise collect,
<br /> ;;+,:�:. �� � . tdae rents, a.ssues arid pro�its �h�ezeog, �r�c��aciinq tCaoae past due
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<br /> ,,.-�, �, . •,..
<br /> •�,.. :;� , ';_'�� and �at��said, �aa�d app�y �t9►e same, less ca�ts ar�d exp3enses mf o�era-
<br /> ' '�'�'� � ��`��` �'��'`�''�� �ic�n ar�c� collection inclu�iing attorney's fees, ��.oa a�y indeb�ed- �
<br /> ' ;..��'�:,�.� ``����,��.;`,?:...:. , � .
<br /> , ; �� �'c��r,�'��;�''�:' . ��'i �ess secused �iea�eby, a13 in sncR� order as Lendar nay de�ermine. � ,
<br /> ! i�� ' , .y;;, . �:�;,.;. I The en�tering u�on and taDsing pa�session of the Propert�, �fie co3- �
<br /> '� � ''`�'.,;, 3ec�tiow o� sn�cL rentits, issues anr� �profi�s anr� tme ap�3i�a�aon . ,
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