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<br /> i_ � - _ - .;�; ; , .. , . - _ _ 9��, �;0813g . `
<br /> "�� tagether �riCh in�erest theseon ,at the default rate prov3�Ied in
<br /> the Note, Which shal3: �e_ adde8 to the�tedneiss sec�ctzed
<br /> hereby. I+ender shall. na�� incu=auy liability because of any�hir�g � -
<br /> — _ � it may do Qr crait to•d�• Rer�uadsr.
<br /> ��� � � .
<br /> -—v� ��- �:�, 8. Hazardous;l�a�e�ials. Borrcwer shall not andert�ke: . � -_ - -
<br /> ---_. oz pe�n£t any.. prac ces.��r�n e Property whfch �rould not be in� —
<br /> - ---- crwipafauc� �rith ,auy� and_ aIl federal, state and 2oca1 lavs,. �:_-=m—
<br /> o�dsaauces and regnlatsohs relatinq to iadustrial hygfene or Ca��, �==--
<br /> • environmeatay• ccitsT�tivas on, nnder �or abaut the Property.•,. � ���__-
<br /> � iaclu8iaq�,,, bu� ii�t•'�nitied to, soil and qround�ater c�nditioas. �.�__._
<br /> � Fram� and� aEtez-•tha,�a���:�ereQf, Tra�tor shail not ase� geaerate, ��.,-- --
<br />- manufacture,. ��i���� t��..d��pase of on, under or abntit ti�e Preperty, �� _—
<br />� �or trans �''��-;�-�
<br /> po�ct ��.:c� frann, ar permit anyone to nse. generate, ��•�,
<br /> - ;:.�. . maaufacture, s���e or dispose�of on, vnder or about the Property, � Y �=�-
<br /> _ ; ti-.,.�.
<br />_° �._ - or transport to� or from the Property ang fYammab2e explosives, ;'°,;��.'�
<br /> "� � � hazazdons wastes� ,toxic substances or related materials, � - ,
<br />. -�' T � includ�ng, without limitation, anp snbstances riefined as or
<br /> ��r:� included� 3.0 th� defiaition af "hazardaus substanaes", "hazardous �. t�.
<br />� '��- � wastes•+ 'hazardous materials" or "toxic substances" under aay �' ""'�
<br /> °-�{•. applicable 2aws, ordinances ar regulatfons (collectively referred �` '��
<br /> •�a.
<br /> to hereinafter as 'Ha�ardous Materials") . 8orrower hereby agzees "��� �;
<br /> I ''"•�� � to indemniEy and hold harmless Lender, its directors, oEEicers� ` --
<br /> �1��F!r�FA,. .. ,::•:::. ; � . s=--
<br /> � ,�. `... . _
<br /> .. _ �;.,.�. - . empioyees and aqeats, .aud �ay successors to Lensier s interest, �. �-_
<br /> � , ��: a,_`.. : from and agair�st any and a12 claims, damaqes and liabflities .
<br /> ��i`�:��'� arisfng in connection with the presence, use, storage, disposa2 �A.��• . `�
<br /> .k`'_: -v^r� . . ��
<br /> �- �~� '=-�� or traasport o f any Hazar dous 1�la ter ia ls.an, un de r, f r o m o r a b o u t � .� - : .. --.
<br /> `��:j��.�;:, �:�"�.�';r',.; . � the Property first occurring�after the date hereof, includinq, • • =�'"�• :
<br />:;?:�:�°`:. ��� � • ���`�,. without�limitatioa, all daneaqes c�irectly or iac�rectly arising { �. ", � � -
<br />-. . � r���14. , out of the use. �generation, stosaqe or disposat` of Hazardaus ,`` �"-
<br /> � �,,:,,:�,,,_r:��,,..,�
<br /> ,.,:,!t�;�<<,}.. ; Mat�rials by Bo�sr�er or any tes:a�t or operator of the Property. :, ..•"
<br />- � -� � after the. date ��seof. The fareqaing warranties and representa- �::-. . ° .:�.�
<br /> � .1 ; _ .'.., .,. • tians, and HorroWer's abligations pursuant �ho- the foregoing � '.. ' � '
<br /> ��,-�f . �:f.
<br /> :,-� ;:�:r;:::;�, ` � iildemnity, shall . survive repayment of the Note and� the� recon- ! �;;tl:;,� t.-��� .
<br /> ' -:� . :;��`:;j;- .tireyance oF this .�eed•of Txust. � �:,.�.;
<br /> ..':� . ! .
<br /> .�,,�.. . i . , s�:
<br /> 9. e�ssigniaent of Rentsf Managament of Property. As � • - -
<br /> _ . - _- � '`�" ad�iitional security hereunder, Hc,rrower k�ereby assigns to Lender f. �_ __
<br /> -. ._;{�' � " the rents, issu.� and profits o£ the �z�gerty, provided that s` � �
<br /> �,;�;+�?f�,;;�� Borrower shall,::�rior to acaeleration �z:der paragraph il hereof `' :-Y -
<br /> � ;;�:;;., ,
<br /> " � �, .cr�,�S����'. � or abandonment �� the Property, Iiave the riqht to collec� and � ,..;.-:�� � �=_
<br /> . �;�,-r:. • � retain such renrA, issues and profits as they become due and .,, , .;., r ��
<br /> � - Payable. p ° " �,�.__ _
<br /> J U on 'accele���,ion or abar�dor..*�ent of the Prc�p�;�rty,, � �-�-
<br /> ,���-:. . , � Lender may, etfi�az in r��on or by aqent, with or wittrm��.bringing .- �. ., .• .�. --
<br /> - �c4��•',r, any action or ��3�eeding, or bg a receiver appo�ir!ted $� a� vourt � , ��,;���� . ���,
<br /> ��:a : {r.i'�"• � � enter u a�s' :... C�� ';'�':;';,`Q::_.;�•
<br /> 1, �*,��;•:�.� � and without ��r.::�� to the ade�u�.�y af its sec�:z��Y+ P c � ;,i;,;,�_� _�;_,_
<br /> '-'=�s�{": ', and take posses�ion of the Pro�e�ty, or any part thereof, in i�,,. , _
<br /> � '� �« �� � own name or in the name of the Trustee,,,a�ti do� any acts�which iti � �"'� � _.
<br /> •��i� �f 1�., . • , '{'
<br /> :;; :�:�,,.�;• , deems necessary or desirable to preser�� .�s.e value, marketability � � . � �''_
<br /> � `��: �.<<,,, � or rentability r�.€ the Property, or a.�.r ��z� trnysof or interest ' � ; : ,
<br /> � therein, incr�as� the incqme tl:e���rc��; or pro rcct the security ` t�-'�.
<br /> her��f and, wit�r 'or without takfsl� rosy�ssion aE the Progerty, �' �!'"-`� �
<br /> • • sue fo���.or otherwise collect the ren�, issues and �rofits • � .
<br />. ,;��;�, . . . ,� , � theseoE�. inrluding thos�. past due and �paid. anc] appL,.r the same, ` . ::'���
<br /> ' ���r: � ' Ies��: ccs�s and expenaes of opesation and collection, � i.�.cluding � .,,,,,;. ,, ,�';`,•°�.•'
<br /> ��i. ,:, ,�;;,�-;,1;;� a���e�s' fees, upon any indela�adness secured hereby, all in . � �,, � .' �
<br /> �..,.. � ,�.,�;
<br /> , �.!,.:; ;,' .. .=,,,.�,.;:., ° s:z�i� �s��r as Lender may deter�.i�:e. The entering upon anci taking .
<br /> . �;', ' , � posses�ivn of the Property, the�.�ol2ecti.on af such rents, issnes �����'' .
<br /> :��,j,. ' � ,,. , and p�a€.%ts and the applicatior.. Lherea� as afaresaid, shall not ; � ': F
<br /> ��� � � � cure oi� waive any default� or notice oE .default hereunder or . ,,:.,
<br /> ��`''t`'� invalidat� any act doue in res�ar�z�se to such d�fa�lt ar pursuant ' �' .
<br /> . �r�,:,� _ ';'.,,;-;;{,:. .
<br /> � to such notice of ae_fault and, �r�a�withstanding the cantinuancE fn .�.��;;��,
<br />' -- � , passessfon of the praperLy or th:� c;ollection, receipt� and applica- ' '` , ,
<br /> � tion of rents, issues or profi�s�, ur�d R'rustee and LenBer shall be �
<br /> � - - entitled to exercis� �very -rig�it� provide@ for f n any.of the I,oan � _
<br /> � Ynstruinents �r by law upon occurrer�re of any Event of Default,
<br /> -, --,- ,-_ _ =- - inc2udinq.-wi±hout- �.±.�at.:�,tion:--thr righ± *_� exez�_r.ise the power _of .- -- .--- _.- -
<br /> �� sal�. Further, Lender•s rights and remedies under this para- .
<br /> � � qraph 9 shall be cumulative with, �nc� in no way a Iimitation nn; . , •
<br /> � � Lender!s rights and remedies und�r �ny Assigrunent of Leases �nd
<br />----. :,.--._-------:---_--- . Rsat� re�a�rdec� agafntt� Lh� .property. Lendert . Truste� .�std .the. .
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