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• . , . , �9_ 1(�45�'7 B. Except as previously disclosed and acknowledged in writing to Lender, Grantor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. C. Crrantor shall immediately notify Lender of a release or threatened r�elease of a Hazardaus Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Grantor shall take all necessary remedial action in accordance with any Environmental Law. D. Grantor shall immediately notify Lender in writing as soon as Grantor has reason to believe there is any pending or threatened investigation, claim, or proceeding relatin�to the release of threatened release of any Hazardous Substance or the violation of any Environmental Law. 18. CONDEMNATTON. Grantor will give L.ender prompt notice of any pending or threatened action, by private or public entities to purchase or take any or a11 of the Property through condemnation, eminent domain, or any other means. Cnantor authorizes Lender to intervene in Grantor's name in any of the above described actions or claims. Grantor assigns to lender the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 19. INSURANCE. Crrantor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providin�the insurance shall be chosen by Grantor subject to Lender's approval, which shall not be unreasonably withheld. If Grarrtor fails to maintain the coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's right in the Property according to the terms of the Security Instrument. All insurance policies and renewals shall be acceptable to Lender and shall include a standard"mortgage clause" and where applicable, "loss payee clause." Grantor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Grantor shall immediately�ive to Lender all receipts of paid premiums and renewal notices. Upon loss, Grantor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Grantor. Unless otherwise agreed in writing, a11 insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's optian. Any applicaxion of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acquired by Lender, Grantor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 20.ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a sepaxate agreement, Grantor wiil not be required to pay to Lender funds for taxes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Grantor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Grantor agrees to sign, deliver, and file any additional documents or certifications that Lender may consic�er necessary to perfect continue, and preserve Grantor's obligations under this Security Instrument and Lender's lien status on the Property. 22. JOINT AND INDNIDUAL LIABLIITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Grantor signs this Security Instrument but does not sign an evidence of debt, Grantor does so only to mortgage Grantor's interest in the Property to secure payment of the Secured Debt and Grantor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted under the obligation. These