|
t<< , �.».
<br /> _ ,� � ,. . - - - ��"��� � �v = �=—
<br /> � . . . .:..,, _... . ,, ......i...' - - -
<br /> �a:�..-
<br /> - � ' - . „y, il:�`vl_�iy• '
<br /> ,. , , . ':�!.. ;�h._
<br /> ' �.., �
<br /> _ :,, �..� . . 93* �.. .
<br /> � � ��� .
<br /> � th� Prop�rty ia violat3on o! any laM, orlfinanc�� or r�qnlation�
<br /> ' and ahsll p�y +u�a prosptly ei�oharqa ati Horrow�r's ao�t And . ,-
<br /> ucpsn�� all li�nt• �ncw�brana�� and charger lsvi�d, i�po��d o� �
<br /> uNa��d a9+�itt�t !he Prop�sty or any part th�s�ol.
<br /> .��T°'�"�_�`�-"' 6. Smi�ent t�omsin. J�ender i� hereby a�Bigned all -
<br /> "�� oo���e�stion, +�� �, amages aad other p�y�a�n�� or r�li��
<br /> (h�r�ieatter "Proceeda") in connaotion aith cond�mnati.on or other
<br /> "�'� takinq o! the Pro�+erty or part tl�sseol, or !or oanv�yanee i� lieu
<br /> �;y=." ' o� aQndemna�ion. L�ndez shall ba entitled, �t it� option, �o
<br /> •�:��, ��� ao�martae, appear in and proseante in ita oMn aame any aetion or
<br /> = proceedinga, and shall alao be e�titled to mAke a�ny compro�iBe or
<br /> = Aet�lament in connaation w3th such taking or damage. =n the
<br /> = evenC any portion of the Praperty fs eo taken or a���ea. Lender
<br />- ��;��'r��'' shall have tha option, in fts sole and ahsolute disaratior�, to
<br /> �"�'{,�: �' �-:�. ��,�,
<br /> - �':�y�-��� • apply all saah procee8$, after �educting t.l►ere�ro� a�ll cost� and
<br /> --. expsnees incurred by iL fa connection aith such Proceads, upoe
<br /> �- :-��• any inBabL�dneas secure�7 D►es�eby and in auch arder aa LenBer �y _
<br /> �� �-: �--�:�:�:�- ""� detsrmin�, or to apply al l such Proceeds, alter sucb dQductions, -
<br /> ��a�,�,' to the re�toration ot the Property upon such coaditions a�e Lender
<br /> ,X� ,,: way deter�aine. A�y application �oE Procesde to indebtedness shall
<br /> ,�>,h,:;� .:� . _.-
<br /> s• �:� ��- not extend or postpone the due date of nny pa�yments under thQ �
<br /> =`'`':�. '�?.Y`"'`�:����, : Dlote, or cure any default thereunder or hereunder.
<br /> � .s�t„ .,: ,_ �°.
<br /> ,.�r-..�.� j �k::
<br /> +. ��•. .•�...;.�t�', ---
<br /> �,��, ���.� 7. performance b Lender. In the event of Borrowez's
<br /> failure to per orm eny o e covenants herein or make any pay- P�
<br /> ; ,:.,�y �.:.�,=; -
<br /> _.. .,,�1. �aents reyuired hereby, or if any act is taken or leqal proceedinq _ . �
<br /> :�;. x:�;����=� � ..� ;. ,� comueenaed which materially affscts Lender's intersat in the
<br /> � � .. ,: �. � Property, I.ender may in its own discretion, but without obliga- �
<br /> -�„��*��- r��.;;r��`� tion to �7a so, and r�fi:hou� �aotfae ta ar daman8 ugon 9Qrre�x, and.
<br /> , ... � ,��.�';f: . q Y g Y
<br /> '�� '��►����'= without releasia Horro�er froia an obli ation, da an ac� which
<br /> ���<, ��'f���`��`�`�?r.''+`��' �-- the Horrower has agreed but fails to da and may also do any other =
<br /> .�:`:�'���::., .��N'��� ''��5','i;a;� a�t it deeme necessary to protect the security hereof. Borrower
<br />__:, �_�., � t�,.���.����5'j��;F
<br />.=�:���.` . .�. ., �• . ;.t{.�,,; shall, immediately upon demand therefor by Lender, pay to Lender _
<br />- � - `�� .��:' all aosts and expenses incurred and sums expended by Lender in
<br /> - ,��+�'�f���! ��^�-��. connectfon with the exercise by Lender of the foreqoing rights, __
<br /> - �° ` ° . �..� toqethar with interest thereon at the default rate provided in
<br /> i'r'1'+z, the Note, which shall be added to the n e tedness secured
<br />,� � �-�-,�,��, {' hereby. Lender ehall not incur any liability beaau�s of anythinq _
<br /> ���'�'` � �,f'�";�.�;,c�c�l� it may do or omit to do hereunder.
<br /> �7.p.; �: �.y� _. .n
<br /> 7 / �d. ..'('.:r,
<br /> ' �'�"�`'°" 'a � .:' 8. Hazardous Materials. Borrower ahall keep the __
<br /> 4�.�";_K ; �;,,s ��:��'�c:. ..��;.. �
<br /> r�)�f�.,: ,� ��� '�t�,� ''�� Pro rt in com ance w th an and all federal, state aad local ' _
<br /> rl'S' . .,,,� ; t�, P� SP N Y
<br />�,,�,.. 1, , : ,�:�,...�,.,;,�.��i.+;:�.1 f11' iene
<br />.,;�,.. ;,, ,,,,. ,,, , l��rs, or d inaaces an� re la t ions re l a t i n q t o i n d u s t�c i a l h y g _
<br />':Ci�• S ....y.�. 71
<br /> �� ? � `^' °� ��;+' • �or to environmental conditiona on, under or about 2D�e Property,
<br /> .3." .• ,{),��,,��r �.
<br /> � �' '`��{ � includinq, but not limited to� soil and gzoundwater condikiona. �
<br /> : 1.f�;i g , .,
<br /> � , Trustor shall not use, generate, manufacture, store or dispose of ,
<br /> � � � � � on under or about the Pro ert or trans oxt to or from the `•'`
<br /> b'` ,:. .r':��.. , r P Y P
<br /> ���� ,a►"��5� Property any fl.ammable explosives, radioactive materials, hazardous '��•
<br /> F.��. • . .'. �..• . =
<br />; � '.:�i:i:�'�::� � wastes, toxic substancea or related materials, ineltnding, without �,..
<br /> .�1.�,r �y_
<br />: �.•� - � ••f-��.,: limitation, any subs�ances defined as or included in the defini- ___
<br /> � .:rti..•' � � � ' �� tion of "hazardous substances", "hazardons wastes", "hazardous
<br /> `;�::�:�;/ '���1''>�= ��•' ��'ff,3% materials" or "toxic subgtances" under any applicable laws,
<br /> , .r�,.,. � .._:..w:.•.,�. .•.1tZ1 �
<br /> >,���: : - -�•�- �,����,., ordinance� or regu3a'�ions tcollectively referred to hPrRinafter
<br /> ( ;j�i�` ' `t�'-jt as "Hazardous Materials") . Sorrower hereby warrants and repre-
<br />;ys": . � '���Sx.+�'',,:.',_.�.��:;��. sents to Lender that there are no Hazardous Materials on ar under '_
<br />� ���?:;;::�f���'•'.• �,.'�� the Property. Borrower he�eby aqrees tv indemnify and t�old ,��'�
<br /> t."�,. �•� y.r�,,,,•. ' ��`
<br /> ��. ' J:�;' •E. ) ..
<br /> E �, ' t�,r. i;,;,,�,, ,,�t�, harmless Lender, its directors, officers, employees aad a�e�ts,
<br /> I�,�Y1�1:�'. ,� r 1F{.S. � �.:, I
<br /> � l;;;;:..; and any successo�rs to Lender s interest, from and ac�ainst �►ny and
<br /> >.;.:: ::. a,j,)�,�.�r�'�ti�s,s:;;�,,.,.,�,•k
<br /> ���+�':��•.:� •�5.; ,..�u� �"���c f,��;c�;.r, all claims, da�ra�ges and liabilities arising i� con�ection with {"
<br /> x,�
<br /> °�=;;' � fifr����'�'1'i;'�:'�i'*� the presence, use, st�rage, disposal or transport of any Hazazdeus .
<br /> . - ���:���f���� ��.•�i����y:';�,�;1��►' � t�aterials on, un8er, fsor� �r about the Propesty, inc�.uding, with-
<br /> . ,� �.,,t„s.,:,!.
<br /> A 4 -�(;.:..:�!r out limitation, (a) a�1 e7funages directly mr iadirectly arising �
<br /> �'�+�:1 `��'����:�= out of the uge, aeneration, etorage or disposal Gf Hazardous ;,
<br /> �= ' �? �•� �°�� Materials by Horrower or any prior owner or operator of the !
<br /> . . �� { � �;v,�,-,,�, Property, and (b) all costs vf any required or necessary repair,
<br /> � ----T �- cYeanup or detoxificatiora and the preparation of any closure or �
<br /> • ;.R R ' . other required plans, whether such action ig required or neces- �
<br /> ; , ;: sary prior to or following transfer of title to the Property, to ,.
<br /> � '� ` ' the full extent that such action is attributabie, directly ar
<br /> � ��� �� � indirectly, to the preaence or e�se, generation, s�oraqe. release,
<br /> �; ..�� . �;y.;,. _� threatened release or di sposal of Hazardous !laterials by any
<br /> � • ' , ,�:'� _ , person on the Property priar to traasfe�r of title t}►ereto by
<br /> ��:. � r-
<br /> � i.i ` ' -:• v
<br /> � ; 4 .a'����
<br /> r . � ,�� ,_ :� -3-
<br /> � ' � �
<br />
|