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<br /> a •ft�r a sai� is mad� h�rwund�r and, in oonn�ation th�r�with,
<br /> Tru�tor hor�by waiv�s ail riqhts o! �arohalinq.
<br /> 3.14 sn�oa� ations. B�n�liaiary, or its aq�nt�, rapras�ntativ�s
<br /> ,� or wor��n, ar� authori$�rd to on�or, at any r4aaonab�a timo, tho
<br /> � Proparty !or tho purposo o! i��p�atin� th� �sm� and !or th� purpas�
<br /> .•.���r` o! porlorming any o! the Aats it is eiuthorissd to �rtorw und�r tb�
<br /> � � r4, �,� t�roa of any o! th� Financing Doauuwnta.
<br /> ''.5:"..'tis:•r,.c�
<br /> ,,�fr, � 3.15 Heneticiarv�s Powers. Without atlaotiinq tho liability o!
<br /> -:�,_.-:•.. :�;.�. ...,..�`: Tru�tor or any othar Poraon liabla !or tho paymont o! any
<br /> .,���.;'�", . ::, obligation herein mentioned, ami without a!l�sating tha Li�n or
<br /> � '••"���i`�� �•�'°` charqo o! this Deed o! Trust upon any portion o! tha Property not
<br /> ..,,;.,
<br /> '�'';��''<`•`.:�;."�r then or tharetotors releasad as seaurity Por thQ lull amount o! all
<br /> i. ,a.:;:�;�:.�::��
<br /> , � i ��:F;�`;;j-��..,� unpaid obliqations, Bensliciary may, in aacordance with the
<br /> •���" ` " ��'�`'+'���:� ' Finanaing ]1qrQement and the other Fin�ncing Doauments and lrom timia
<br /> s'� ��� ����� �`'" to time and without notias i releaee an Pereon so liable
<br />: .�.' ,,. �_: . ,�:_ � . .�•,. ( ) Y ,
<br /> �'�:"�`t � � • (11) extand the maturity or alter any of the terms o! any auch
<br /> ' � �:Y ; �� � ;�. obiigation, (iii) waiva any proviaions aontained herein or grattt
<br /> ,. . ,. ..;�,:;,:: . ,, other indulgenoea, (iv) ralease or reaonvey, or causa to ba
<br /> '"������� ° '�• rolQnsad or reconvoyed at any tima at Benefiaiary'a option any
<br /> ,..,�,;':':;.;::;:;;<<�;:;
<br /> ,�..,;�;:�;;•;��,+� parael, portion or all ot the Pxoperty, (v) take or releaae any
<br /> � othsr or additiona�l security for any obliqatiot� herein mentioned,
<br /> ,��`;G, ; � " or (vi) make aompositions or other arranqementa with debtora in
<br /> • ralation thereto. . ,
<br /> ;,
<br /> • '� ARTICLE IV
<br /> . ----�— ENVIRBNI+lENTAL I3aTTERB
<br /> ,;,,;`f.; : . ,.
<br /> :y`: � � 4.1 Regresentations and Warranties. Trustor h�reby
<br /> i repres�nts and warrants that, as oP the data herQOfs
<br /> (a) Except (i) ae disclo�ed to Beneficiary in writinq or
<br /> � (ii) where the Pailure to so comply would not have a� material r
<br /> . adverse effect on Trustor, (A) neither Trustor nor, tv the best of
<br /> � Trustor•s knowlddge, any previous occupant or user of tha Property, �;�
<br /> �. has engaged in or permftted any operations or activitiss upon, or
<br /> •`.� any us� or occupancy of the Property, or any portion thereof, for
<br /> � � ' the purpose of or in any way involvinq the qeneration, storaqe or t'
<br /> � ;` dispoaal of any Hazardous Materials (as defined in the Fiaancinq �
<br /> Agreement) (whether legal or illegal, accidental or intentional) �
<br /> on, under, in or about the Property (except in aomplianca fn all
<br /> material respects with Envfronmental Laws) , or transported any j
<br /> Hazardous Materials to, from or across the Property (except in ;
<br /> aompliance fn all material respects with Environmental Laws) , and ,
<br /> �� , (B) no Hazardous Materials are presently locatsd on, under, in or
<br /> '` � about the Property (except in compl iance in all material reapects
<br /> �• :,'�� ��� with Environmental �,aws) .
<br /> � � (b) Except (i) as disclosed to Beneficiary in writinq or
<br /> _ f (ii) where the failure to so comply would not have a materfal
<br /> ; ' # 7
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