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<br /> . At the oprion oP Banaflclary, nll or nny part of ttte u�re,ed te�2s and chneQes. accrued interest and pdncipal ahall become �
<br /> imme�iately dna ond pnyable,nfter alving notice If requlred by luw, upon the occurrence of u default ot ar►ydme therea�ter.
<br /> In nddittun.�annflaiury shall be entitled to ail the remedies provided by law,the Evidence of Debt.other evidences of debt,
<br /> this Deed of T�vnt ond m�y related documente including wlthout IimltaUon�she power to sell the Propeny.
<br /> if there is a doi'uult,Trustcc sh�ll,in addlUon to any oWer R:.rruitted remedy,at the request of the Seneflciary. advertLc and
<br /> �, sell t�e Progeray ao n whole or in separate parceta at public auMion to the higheat bidder for cAeh and convey absolute tttle .
<br /> � ;ree nnd clQar of all rinht,title and interest of Tivstor at such time ac�d place as Tn�stee deslgnatea.Trustee shell give notice
<br /> .:: of sale includinB tl�a tima. terms and place of sale and a descdption of the property to be sold us requtred by the tipplicablc
<br /> � lnw In effect ut tha time of the proposed sale.
<br /> Upon sal�of tha progerty and to the e�ctent no!pmhibited by lnw�7Yustee sha�l make aad deliver a deed to the Progecry sold
<br /> �'� whtch conveyo absolute title to the purchaser. and aRer flrst paying all fees,charges aad wsts.ahall pay to Beneficiaey all
<br /> moneys udvanced for rep�irs, taxes, insurance, Nens, assessmente and prior encumbrances and interest theceon, aad the
<br /> principal�nd intureat on the Secured Aebt,payiag the surplus, if eny,to Trustor. Beaeftciary may purchase the Property.
<br /> The recttnla in any deed of conveyance shalt be prima facie evidence of the facts set forth themin.
<br /> AU remedias are dintLcct� cumuladve and not exclnsive,aad th�Beneftciary ts eatitled w ull remediea provided at law or
<br /> � � equfry.whuthar expr�ssly set forth or not.The acxrptance by Be.neficiary of any sum in payment or partial payment on the
<br /> Secured Dobt afusr tha balsinnc;e i�due ur is ac�elerated or aftee forectosure pmceedings are filcd shall not canstitute a waiver
<br /> of Beneficinry'�riQht to require ft�ll and complete cure of any existing defavlt. By not exercising any cemedy on Trustor's .
<br /> � defauIt.Benaflctnry daca not waive Beneficiary's dght to later ccensider the event n default if it continues or happeas again.
<br /> ' 18.EXPENSE.S;ADVAMCES ON COVENANTSi A1'COR1�iEYS'FEES;COLLECTIOIV CaSTB. 13xcept when pmhlbtted �,,,��:
<br /> by law�Trustor agrees to puy all of 8eneticiary's expenseu if Trastor breaches any covena�at in this Deed of Trust.Trustor . ;;;;;::.� ,
<br /> • wtll also pny on demand all of BeneficIary's eapensea incurted in wllecting,insudng,preserving or pmtecNng the Property '� °`�:`
<br /> � or In any inventorlee, sudits, inspecttons ar other eaamination by BeneSc[ary in respect to the Properry. Trustor agrces to �.'`'�-'��
<br /> , .,�, : pay all cosut and eapenaes incurred by Beneficiary in enforctn�or pmtecting BenetIciary's r[ghts and remedlea under this
<br /> , Deed of Truat,including.but not limited to,atwraeys'fces,court costs,and other legal eapenses.Once the Securod Debt is ,, ,.: _
<br /> .: fliliy und fmutIy patd.Benettciary agrces to release thie Deed of Tivst and Truetor agreea to pay for any recordetion costs. --
<br /> ' �,.."„ Alt such amounts are d�ce on demaad and witl he�v interest from the dme of the advance at the hIghest rate in et'fect, from i'�:,�.•
<br /> iiuia tv iira,��r�z i�ed Ss ilt�Ev3�snc�cf Bc�:�sr3�pet�stsitt�!by ls���. �.=
<br /> 19.ENVI[RON1l�ENTAL LAWS AN�HAZZARDOUS �UB3TAYVCFS. As usod ia tbis sertion, (1) 'Environn�ental Law" � '�•
<br /> ' � HA e �2 nse Co don and Uubili Act CBRCLA.42 `t=��"'
<br /> �an,,. �vitheut Iicnttation, the Cumpreheustve Savicomm �tal espo . mpensa ty ( -
<br /> .� U.S.C.4G01 et seqJ.alt other federal,state and local laws,reguladons.ordinances.court orders.attomey genernl opinlons a �,
<br /> .' . .;: or interpeetive Ietters conceming the public health. safety, welfare, envitonment or a hazardous substance; and (2) ���
<br /> �� "Nazar�doua Substance" iueans auy toxie� rndioactive or haTardoua matedal. waste, pollutant or contamfnant which haB ti-
<br /> • ;4 character�s�ics which reader the substanc� daagerous or potentially dangerous to the public hea1W, safe3y, wcifazo or y
<br /> ,,, envlronment. 'lhe term includes, wlthout limitatioa. aay substaaces deflned as "hezardous materlal," "w�cfc substances." �.�__ �-.`
<br /> h "ha�.erdaue waste"or "hnzardous substance" under any Envlronraental Law. Trustor represente�warrauts und ageeea that, f �'�:"''�'�-
<br /> " � ' except as previoaaly disclosed and acknowledsed in writin�: �'`'°"�""'J
<br /> p A. No Huzardoua S��bstance has been,is. or will be locatdd,transported.manufactured.treated.refined�orhandled by �=;;a ,
<br /> ��� any person on.under or about the Property, except in the ordinary course of business and in sMct compliancc wjth �-;��?
<br /> ° a1!appltcable Envisnnmental Law. -—— —
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<br /> ,,. B. Tcwatar has not and will not caose,contribute to,or permit the release of uny Hezerdous Substance on the Property. ��_�
<br /> , C. Truotur wlll Immediately nottfy Beneftclary if(1)a retease or threatened retease of Hezatdoua Substa�ce occurs on. _�__
<br /> • undor o:about the Property or migrates ar ttueatens to migrate from neurby property;or(2)there Is a vtolation of •�.��-•-
<br /> .i':� ° '� any Env{ronmentW Lnw conceming the Property.In auch aa event.Trustor wtll take sil necessery:emrdi�l acdon iu `• ��*�°��
<br /> � . accorduttce with Environmentel Law. . r;.�
<br /> • D. Tsutrtar hus no knowledge of or reaxon to believe there is any pending or threatened inveatigation, claim, or __'
<br /> �` p r a c e e d i n Q o f a n y Icjnd rel a d tt g to(1)an y Hazerdous Subatance located on,uader or about the Pro p e r t y;or(2)any � __ ____
<br /> violutton by Truetor or any tenant of any Envtronmeatai I,aw.Tcuator witl immediatety notify Be►ceflc�ary in weiNng ��.-°° -
<br /> � �� as saon ea Truet�r has reason ta believe there is any such pending or threatened investigation,claim,or prooerding. --_
<br /> � ' 1n suoh An event,BeneRctary has the rlBht,but not the obligation�to participate in any such prooeedln�including the _- _
<br /> r1�iu to receive copies of uny documents relating to sach proceed{nge. {'�`��-`'�^
<br /> � E. T►uotnr und every tenant have been,are and shall remaln in full compliunre with any applicable�nvlronmrntnl Law. - `�`�`:
<br /> F. Thare ure no undcrground atorage tanks,prIvate durnps or open weils located on or under the PropPrty ansl no suw'� '°� �9��
<br /> : tanic,dump or wetl will be addPd unless Benet3c[ery f�rat consents in writing. '���' ;r���-
<br /> � . C3. Truetdr wi11 regularly inspect�he Property� mon(tor the activities and operat{ona on the Property. and confiem that ::��`;s`;:,,=
<br /> ° all pecraits,licenses or approvais cequired by any applicable Environmental Law are obtained and complted�vlth.
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<br /> N. Tru�mor wili permit, or cause any tenant to permit, Beneficiary or �eneflciury's agent to enter and inspoct thg
<br /> . Prc�perty and review all records at any reasoaabie time to determine (1)the exiatence, location and nature of any ' ._
<br /> FIaaardoua Subatance on, under or about the Property: (2) the exiateace. location. nature. aad magnitude of any :
<br /> � HuzaMous Substance that has been rele�sed nn,uader or about the Property;or(3)whether or not Trustor and eny �
<br /> tenant are in compliance with applicable�nvtronmemtal Law.
<br /> I. Upon $eneticiary's req�est and at any time, Trustor agrecs. at Trustor's expet�se. to engage a qualified .
<br /> . . environmental eagincer to prepace an environmental audit of the Property and tn oubmit the resulte of auch audtt to
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<br /> -°- -'--- atsnoa�wa��. utc wtvtw oa uto cu�uwuucuaoa u�g�ucca euv v�u� �res�vuu oua.0 auua� +a OYV�{Trt �v ut�aa�ur�w� o
<br /> epProval.
<br /> J. Bunoficiary has We right, but not the obligation. to perform eny of Trueror's obligati�ns under thie section at •
<br /> •� Ttutiitor's expense. "
<br /> IC. Aa a wncequence of any breach of any representation. warraaty or promise mflde in this sectton,(1)Tcustor will
<br /> . indamnify and hotd BeneRciary and Beneficiary's euoceasora or asaigrta hannless from and agatnst alt losses,claim4,
<br /> . domanda. IiabiHties,dama�es, cleanup, response aad re�uediatfon costs. penaittes and eapenses. including without
<br /> limitution�li rosts of 1{tigation and attorneys' fces. which Beneficiary and Beneticiary's successors or assigns may '.
<br /> . , suetaln; and (2) �t Beneficinry's discretion. BeneRciary may releASe this Deed of Trust and in return Trustor will
<br /> � providQ BeneHciary with collateral of at least equal value to the Property secµmd by this Deod of Tcust wtthout
<br /> • pm)udiCe to any of Beneficiary's dghts under thla Deed of Trust.
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