�a-^ux � :Y�' :�7i 4L,'., 5'�-5�-r:�`�4 a��i`.r.:y �>�}�;a�';�il�l�':t'r�l� �•% ;11.���='�i� •�� [� 1�'��ti.'��:4 � � � :�1.�`• +' h': } '�� � � �:^*,+���`-� ,1
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<br /> . �,r � �7�, �f. a�s Y T' �fl.�.':i ��.
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<br />�:n:,�:i(��9 �, �, the Psoperty in violA�iot� o#' any la�v, oxdina�nce, or xeguldt3oni r.,.,:,, ^�:�;,.,.� :<°=-__
<br /> �'Ay]�VN"91�r�, 0 „ . �.,
<br /> ��t,, a�ht;;a;h'r�, aad �hall �ty aad promptilX disoharga at Borrower's aoat �nd ..�.-. :,,w:...,,,<"`;r„
<br /> ►�;�r�' u�e etll liene enat�mbs�noea snd o2�ezgna levied, impoeed or �4�,�� �4'`�r:�.����`��;''��-`
<br /> eX�IQU I ,�. (�,�r �,^„�'as7�;
<br /> �`"a' ae�eesed agairst the Pro erty or �ny part thereot�. �Yl�i
<br /> :�:,;:1+N'---. r�-'-� P �:r u : f� �1�N; �+ .,
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<br /> �`�+;�.fs�a��'`; 6. �8 i en� Dom�.. bender is hereby assigned all �", r ,',� �h ���
<br /> �' `'���i'��fi'}�' a4mpe��ea�i,o�, awdr�s, -��mages and other paymants os rslieP `�r ` ` '� �`'" } ',.-
<br /> "=',+��}F'y'v�x'�ti„n;,;•t { ° �. ;,.�tZ�� i r.r�y4
<br /> �hereinaS�ar "8rooeeds"1 ia oonneo�ioa aitb aondemt�a�ion or other • .�� ,���-- '�.��<:�
<br /> ��'::�''�;;':::�:�{ �t: .;.,: t:;�;;,:�:'_: � "
<br /> �,i;, u.: ', �,�;. ta�cing ot �Ae PsoperCy or par� thereo�, or gos aonveyanoe ia lieu :,���;r "r'� � .i '`,�'
<br /> �,:�:,;<.;°;.,?:��:�: oF ooadem»At�.oa. Lendex ahall be an�i�led, a� i�s optiion, to ��, ., :: � ` '.��;;.
<br /> � � �;' ' F ��' cona�ettae, appsar in and proseaute ia its owa nam� anY ac�iom Qr ��- ' '�' _
<br /> '•!`::.�':�.;:''.n . t.,, 5 � ...�^
<br /> ,.;,;,: �,.,,�'�.; ., psoaee8irtga, and shall aleo be enkil�ed Ca mdke a�y compronise or . �. `-�
<br /> *�- ' �.�� se�Blemeat in oonneatiaa wi�h ,snch taking or damage, i�n the .;' ` ` °.,
<br /> h
<br /> ..-. :` ':..� �,.' event any portion of th� Property i�s eo taken or 8an►aged. Lencler sr�� , ;" : '_�•,�..,,,.
<br /> � � � � ' " sball .have t�e optio�, �n i�s �ole and abeolu�e diearetfon, to ' �
<br /> � ,!,�'i,,. ,.�,,� apply �11 sua1� Proceed�, after deduatinq tAerefrom al2 costs ax►d � : . ;,� �'�;
<br /> =T�.2�;i�.- st'_': expea��s iiaov�xre8 by it in con�ection with suoh Pzoaeeds� aaPon �� � �`� 'f�aC :;
<br /> , . ,�,: any ittatebtednesa secured hereDy and in sach cr8er as Lender may ,: : ', .
<br /> t.�t,
<br /> detiermiue, or eo ap��y all sacb Praceede, aFter such dedaations, '�. , �� ,Yyr,,���;;�:`'
<br />� �'��,�• �`�.:�.:.��� to the xestaration of the Prope�rty upon suoh conditions as Le�der ,� .<<j,.,�+,``r��S�t,, .{.;:...;.,;;:;
<br /> '' t i,,� IRBX t�eteiAtiA@. , � t. + �,,��,� n�.
<br /> Any applicatioa of Proaeeds to indebtedness shaii � �,.�s�1 ; �;_
<br /> ��',a,»\, .f ' ����yS�'ak a�•�� �'R4;l�!"�-
<br /> �+��::.� ,.�.,.�;. not extead or postpone the due date of any payments aa8er tihe , : ,� y
<br /> :., :,� �'����,t,;•' Note, or cutre ary defaulC thereundes or hereunder. � r, . . ,���-.�y�.=
<br /> ri � �� �S._ -t�j , i��� �
<br /> ��\- .i ,} ! .�1i�?°�
<br /> � ':�� 'r�� 7. Perfortnat�ce b Lender. tn the event of 8o�rc�oer'.:s ' .
<br /> ,da;�'.:r�:-'ii p- i�. �7 -
<br /> '�����.} ..,,,:;• � � failure to per orm any o e coveaan�s hereia or make arip .p�►►Y� . ^: .. �
<br />-���=:`q,;;�,�..�°'.'���; ments �equired hereby, or if any act ia taken or legal prccbedinq . . ��,,.::,,i,,.,;4!,:,,�'
<br /> � .;�� ,:,;_c. con�aeaoed whivh materi.ally alfeats LenBer a interest is� the . ,,�
<br /> r•3'�R.. ,,,,;R" lroperty, Lender may in its aam disaret3on, but wi�hcwt eb�-iga- ", , "- � ...
<br /> :�r.�lf.• , .., . ,._. • _
<br /> ' �,;; �`����s;,�;i;;`�� tion to do eo, aad without notice to or deman� upon 8orrower, and ��,,;:,, : ;;•;;�,�:� � �
<br /> ,�s.(f�`�� ;„,i,,: withoat releasing 8oxrowez front any obliqation, do aay act :`oha�ah ��`��,��,; � _,, �ti��� �'�
<br /> '����:����""� � the Horrowes has agreed �but �ails to do aa8 may also do any other +`;,. ''; '''°
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<br />- ��:`��, . . .. 'r`'�( � �, •
<br /> ,.,�,.. >;...,� .
<br /> . �,;�.:,i,.,,., , .; aet it �de�s :neeBSSary tio protact the �seeurity heraaf. � Horxower ;.�;.::. � �; "cc_;:�� �,: `
<br /> ,, .: , ,• .. �.: :�, y;:.
<br /> 4 �. � ahal�. immediately upon demand therefor by LenBer� pay �o Len�e�c . , ,,s=rt����� }
<br /> all aoats aa� �expens�s ir�curred and swna expendec3 by Lerider �h '`
<br /> .,.''`,:::�. � '� �° conn�ction ,a�ith the exercime by Lender of the foregoing righ�s, ;� .� ,,:;;` � �
<br /> � _::,. �.
<br /> '�� '��11...Y(,j -�.� . . � .
<br /> ��''�:�'°�� �' •':�:� together' with interest thereon at the default rate provided i.n � ,�''���� �� � °�
<br /> �;���'.�?;,;.>�'�`• � �he Nole, whiah shall be added to the"�SteBness secnred � .. . '..� :
<br /> :,,�',:'•�:.;':ii.',��. hezeby. Lender shail not incur any liability beaause of anytihing . . ; ' �r'
<br /> �. �'r� �..
<br /> ik�������i �;"� ' .it may do or omit to do hRreunder. .� .'.?�i.:
<br /> ,�y�•�•q�;��� ���.�����r . . :, :: ^�-
<br /> , �. f �,�� 8. Hazardons Matexials. Horrower shall kesp the ;... .. . ���'�:;,�
<br /> :���� �,��� �� :.
<br /> , :.�;,�i'�;"�,'•'f , praperty in aomp ance w any an8 ail federal, state ar�d loaai :'c�-
<br /> , � `1 ,4� .' i ' ��:`,�.:,,.�
<br /> ,,��„� �f laws, ordir�anc�s and regaiations relating to industrial hygiene � . � " � ��
<br /> : ';� ,�':,� ��,�: �� or 'to environmental conditione on, under os about the Property, ' , :,' ,, . ;_,�.,.
<br /> -.�s�=?;-;�;`?:_���,���:,;��. ' 3acluding, but not Iimit�d to, soil ard groundwater coa8ltions. �. .,
<br /> < . , '.�.,°'1" . Txtt�stor ahall nct use, generate, manufacture, atore or dispoae o� s '� ��':°��:;.������
<br /> .� ;.,;.�.;, :::::;'�
<br /> �-�::�:•.' �. on, under or about the Property or transport to or fxom the . � � , . ."- �::�
<br /> '�'"� � �' � � � Pzoperty any flammable explosivea, radioactive ma�er3als, ha$ar�lous _ _
<br /> ;. . . .�. . without � .-�::.�.
<br /> :;t+"����.�',.,r;,:��;.,;;', was�es, toxi.c aubsta»ces or relate8 matesials, inc�.uding. . �`','+.:. .�-:
<br /> y �,�,, � � .
<br /> ;;;;�,�.��:�:`".;;:�� litaitatfot�. any svbskances defined as or incluSed. in Che defini- . . .. ,.,:° '��
<br /> .,,,, ��'�'� ���-'' �- tion of "hazardous substanaea" , "hazardou� waetea", "hazardous
<br /> :. ;,, ,
<br /> ;��i. �,:��,"'°'�,� ; materials" or "�axic substances" under any applicable lawa, . . . '
<br /> .,:, .., �_
<br /> •"��;':�. t�. .,, . . ordiaanaes or regulntions (colleCtively re�erxed. �o hereinagter _
<br /> ' ' ,��'' � ° as "8aaar8ous Materiais") . Bcrrower hereby warra»ts and repre-
<br /> t•�. 'ie,. r.�t,, _
<br /> rr'�;;�;�,�f.," �� � sents to Lender that there are no Hazardous l�taterf.als on or under _
<br /> •�'��'�'� ' the Property. Borrowar hereby agree$ to indemni fy and ho18 .
<br />_-?��:,i��1. ' '.:;.;. : . ...-
<br /> �.:;�!.���,r.,�r�,�::;,;��;, harfiless Lender, its directors, officers, employees and agents,
<br /> i'����r�!:. :., i;;:'. � a� any successors to T�endEr s interest. from a�� aqainst a�y and . ., , ;;.
<br /> y�i�{S`�,�;":;:;'�'.'�: a19. claims, damaqes and lfabfl�ti�s arising 3n con�aecticm with , ,", , y
<br /> ,,,k�� , .
<br /> '�y�-���';\��'�'•' !' � the presence, use, sCorage, di�poaaJ. or transport of any Hazardous . -
<br />;s�:...: :.;}t`t:.4'.., .., :�.:
<br />=����� � �� Materials omq ua8er, from or about the Property, i.ncludir�g, aith- �_
<br />''�t'R"'`"� , �' out iimitatimn, (a) all damages directly or indizectly er�sing ., ��
<br /> ...1F.,_-..._ ' '
<br /> '�.'. r' . �.
<br /> � 's �� � out of the uae, gen@ration, storaqe or disposai o£ HazarBoua
<br /> " ` � � } � Materials by Borrower or any prior owner or operator of the
<br /> •,''•!� ' praperty, and tb) a12 costs of any required or necessary repair,
<br />- �,:;' .
<br /> �' c2eat�up or detoxification and the preparatfon of any closure or �
<br />.� „i;;���. . � other required pians, whether such actfon is required or r��cee- -
<br /> ��r} sary prior �o or following transfer of title to the Property, to
<br /> :.'�,:�` �' � �. th� full extent that such actfon is attributable, directly or
<br /> ' � 3n83rectly, to tihe presence or use, generation, stozage, release, ,
<br /> ��'� ' threatened reiease or disposnl of Hazardoas Materials by any =
<br /> ����'.�•��, person on tP�e Property prior to transfez of titie thereto by =
<br /> . .... �3_
<br /> ? ' � �
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