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<br /> _ - - � �93-s�ose7
<br /> = ��„�u. the Pzoparty in violation of any law, ordinanca, or regulationt
<br /> �'�'`� and ahall n�ty and prom�tly di�chaxge at Borrawer'■ cost end
<br /> -- �_�;?.�,;�. �:�.:� expense •11 liens, encuasbrance� and charqes lavied, impoaed or
<br /> �;��,,.,;,� ;" : , asse�sed againat th� Property or any part thereof.
<br /> � � ae�. 6. Eminent Domain. i,ander ia her�by a��igned all c
<br /> � � compensation, a�rar s, amaqes and other paya�nte or relief
<br /> ,� .�-. .:: .
<br /> .� �. . =".� (hereinafter "Proceeds") in conneotian with condemndtion or other
<br /> .;.. --.. � - • tak.ing of the Property or par.t thereof, or for conveyance in lieu
<br /> �• � � of condemnation. Lender shall be entitled, at ita option, to
<br /> __ �',��� �`i`,�_.'�.'�' proceedinqsPpand h�ll also be�ntitl d� to m�k anydcYompramise or —
<br /> �_�'�� � � settlement in connection with auch takinq or damaqe. In the -
<br /> ; event any portion of the Propexty is so taken: or damaged, Lender
<br /> � shall have the ogtion, in its sale and abs�l.ute disnretion� to —
<br />;" �" ��•.W°... -,,,.` apply all such Proceeds, after deducting thorefrom all costs and -
<br /> �. ' ex�enses incurred by i� in conneation with su�h P�aceeds, upon
<br /> + any indebteaness secured hereby and in such order as I.et�c3er may �
<br /> '; aetermine. or to apply all such Proceeds, after such deductions,
<br /> to the xestoration of the Property upon such conditions as Lender �
<br /> may determine. Any application of Proceeds to indebtedness shall
<br /> ' not extend or postpone the due date of any payments under the
<br /> , . Note, or cure any default thereunder or hereunder.
<br /> 7. Performance b I,ender. In tkce even� of Borrower`s
<br /> failure to perform any o t e covenants herein ar mnke any pay-
<br /> ments requ 3red hereby, or if any act is taken or leqal proceedinq
<br /> commenced which materially aEfects Lender's interest in the
<br /> -- -----�- -- Property; i,ender may in ita own t3it31.iC�1Vi1� h�t ��.th�ut ab23ga-
<br /> tion to do so, and without notice to or demand upon Horzower, and
<br /> without ia 3easinq Borrower from any obligation, do any act which
<br /> the Borrower has agreed but fails to do and may also do any other
<br /> act 'it deenis necessary to protect the security hereof. Borrower
<br /> � shall, immediately upon demand therefor by Lender, pay to I,ender
<br /> ' all casta and expenses incurred and swns expended by Lender in
<br /> � connection with the exercise by Lender of th� foregoing riqhts,
<br /> �, . toqether with interest thereon at the default rate provided in
<br /> ��'� the Note, which shall be added to the—inde5tedness secured
<br /> � hereby. Lender shall not incur any liability because of anything
<br /> " ` it may do ar omit to do hereunder. _---
<br /> 8. Hazardous Materials. Horrower shall keep the =.
<br /> Property i n compl ance w th any and all fed�ral, state and local �-
<br /> ' laws, ordinances and requlations relatinq to industrial hygiene �°�
<br /> or to environmental conditians on, under or ab4ut the Property, ==
<br /> including, but not limited to, soil and groundwater conditions. �.-
<br /> Trustor sh all not use, generate, manufacture, store or dispose of t:
<br /> � on, under or about the Property or tran�port to or from the �':
<br /> � Property any flammable explosives, radioactive materials, hazardous �='�
<br /> . ;..:,y wastes, toxic substances or related materials, includinq, without �
<br /> - limitation, any substances defiried as or included in the defini-
<br /> ' '�'��� tion of "hazardous substances", "hazardous wastes", "hazardous
<br /> � materials" or "toxic sub�tances" under any applicable laws, �4�
<br /> '� � � ordinances or requlations tcollectively referred to hereinafter �
<br /> ! .� as "Hazardous Materials") . Borrower hereby warrants and repre-
<br /> �• sents to Lender that there are no Hazar@oua Materials on or under ,
<br /> ;,.� �, � the Property. Borrower hereby aqrees to indeninify and hold .
<br /> ..: �ti;;�;
<br /> }�. harmless Lender, its directors� officers, employees and aqents,
<br /> �. • .. - and any successors to Lender's interest, from and aqainst any and
<br /> �• � � . � :���:�•`�� a11 claims, damages and liabilities arising in connection with
<br /> ���. ' f'"�� � � the presence, use, storage, disposal or transport of any Hazardous
<br /> ,�s�,
<br /> i 5,:. �, ttr:, ._
<br /> :1� - �- r � " Materials on, undex, from or about the Property, including, with-
<br /> v � �
<br /> �..�. 7...�:L�a:�.., l�l �17 Ar�nc�r*no A�rnnl�lv AY {7'1f�;TA[!t1V arisinv
<br /> - __ _ - NY V ii�a�aYa�bavu] �w/ wrr v�«r....7�� �������i �' �"--- '_ _"' � �.'
<br /> __T -- ,-- • out of the use, generation, storage or disposal of Hazardous -
<br /> - ` � � Materiala by Borrower or any prior owner or operator of the �
<br /> r, � '`w-��� -;;;:� 'f Property� and (b) all costs of any required or necessary repair, �
<br /> `L`�' cleanup ar detoxification and the preparation of any clasure or
<br /> �:�:�:tk_i p." •
<br /> ,, other required plans, whEther such action is required or neces-
<br /> ��` �.,` .5�:�`. •:
<br /> �,�. : ��,. � sary prior to or folloWing transfer of title to the Property, to
<br /> the full extent that such action is attributable, directly or
<br /> indirectly, to the pre�ence or use, generation, storaqe, release, :
<br /> threatened release or disposal of Bazardous Materials by any
<br /> person on the Property prior to transfer of title thereto by ,_
<br /> _��_
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