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<br /> l. L � a � � . � . . � _ _ ' _� ' . .
<br /> � � ` th� Property is��violation af any law, ordiaance, or resJulatian= �� �
<br /> a� sh�xl pay and p�o�nPt�y 'diachasge at Bnrrarer•s cost and � .
<br /> , �xpsrs� •11 lieris, �encwabrsna�s ana charqea levied, .i�poaed or , .
<br /> - . - asssssed a[gaiAat the�.P�re�perty or ariy part theseo�. . , � , ,
<br /> . , 6. Su�inent Daaain. Lender is bereby assigned all �
<br /> — ca�peas�►lfoas awar a. _ aaia9es and. othar_payments or relief � . -- .- -_ ___.
<br /> ��herefat�fter 'Proceec]s") in connection With conde�nnation or other - .
<br />-- talcing of the Property or part thereof, or �o� conveyance in lieu _ �
<br /> � of condemnativt�. Lender shall be entitled, at its optfon, to � , ,���
<br /> -- �coaraence, appear in aad prosecutie fn f ts oWn nat�e any act.ion or �.��T=;=_
<br />_- proceedings, and eball aiso be entitled to �nake any compromise or =-.____—___
<br />-- settleaent in� conneation with euch takiaq or da�qaqe. In the �
<br /> � event any portion of the Prcperty is so taken or dau�aqed�, Lender
<br /> %_'� shnll have the option. in its sole and absolute diacretion, .to �--__
<br />;Y=� applp sll eueh. proceeds, after deductiaq therefrom all costs and =���_„�-��:_
<br /> � expensea incurred by it 3.n connection w3.th such Proceede,, upon � �"`� ---
<br /> ''..f.c-
<br /> - - any indebtedness secured hereby and in suah order as Lender may # ;;;�v �
<br />- ..;�_ -
<br /> _ . detierisime•` or �o appiy a21 such Praaeed�, after cuch. deduetfona, ,;�;_,i-_��=4�-
<br /> to the reatoration of the Property upoA suah condit3.ons as Lender '��;,�;,;:�.,_
<br /> _ �y determine. Aay application� of �Proaeeds to indebt�ness shall ���°=,;,;�'-
<br /> not e�ttend pr pastpone the due date of anp papm�nt�:'v�ic�er the . __
<br />__-' � ' Note• or �cure any default thereunder or•hereunder. �; ,y, `=�-,a;=��
<br />-_ _ �. .:� ,�.: =;,�:=. ..�
<br /> s;..:,� � ' 7. Performance b Lender. In fihe event of �BorreK��'.s � ��,
<br /> � L =�'�� failure to per orne any o t e coveqarrts, herein or make any p�y�=
<br /> �T.,-`. �
<br /> . �{ ntenta xequired;hexeby, or if.any aat as:.,takeri or leqal praceedirig `' ;:_" ` _ ,
<br /> . . � : ._
<br /> - --���?- ,r•;'<# � � co�aen�ced wbich materfally affects T.�iider•s interest�° ip the .
<br />-- ° �'=��"•`":`�����' " Property, Lender may in f ts oWn disc���on, but without obliqa- . � � � _ ����`
<br /> . �JrM f .� .:a��.`..' ' . ' . ,: �'.
<br /> _ �77:� .�}' �S��:i .'_ ': � .:�� : l_.
<br /> �i�°.-s��;,h7::� � ..; • tion to_do so, and without notice to or demand upon Horrower, and '�_
<br /> Y � .�.. �,.. � q '�:�'<:�;�€,__
<br /> � =,:,� :�':M..,;_., L. �rithont'releasinq BorroWer from any obli ation, do any act which r ��=
<br /> .3"�:,.�C c. � � ,n• r ._=.
<br /> r„�
<br /> �;�',��:,�,..-,...,; ,, �;' the Horrower has agreed but fails ta �d:,and may als4 do any other , .�t����=
<br /> `rs:r.-.i.,.t,; ,, ' Borrowe=
<br /> aet it deems necessary :�o protect the .sscurity herecF:�-� � .' `�: -::
<br />_- :�:;�;T,�:z`.:�.•_,fi ��'' .shall. �iuAaediately upon:demand tt�erefcy. by i.ender..�%,P�.�C•�;to Lenaer �., . ,�_
<br /> u�
<br /> +� ; ;,, , : '� all costs and expenses inaurred and �stuns expended�3bg��zder in c �'��.
<br /> - ,<. �� = , . �onne�tian with the exercise .krg.;Lender of t2►e��fo�eq�3��i��'righfis, ° ` : fi ` :�;
<br /> . ,. •'.�� " togeEheE with interest thereon.� at� the.,defau�t� ia+�e� �¢��'��ded fsz � . . .,•ay.
<br />=' _� _ � � _�; :� .. � the �fe��e, ahicb shall be added� �a� ,�dne`.� nc e tednes� ��cared . • k _ _ ' .
<br /> � � hereby. bender shall not inaur�, arigr,�,3i��,lity becau�e c����nything __ �
<br />- .. - .( � . � f ' , . ..
<br /> x-�W1:: `.. ,� it may do or umit to do hereundeir� •,:� :::.,. �. ; .._ ..s,, .-:
<br /> . 4... . .� : ,�:, , , . ,
<br /> �f^�~~� `� . 8. � Hazardous Mates$a3ts. �::ei�rroweir shall keep the:'� ! ,
<br /> , lr:....:-�:.=_ `, :.
<br /> �:�`�. ��• � �.� ' � � � Property ia compl ance w th anp�an8,i����:4 federa��.�, sta�e.and local s:. � , ,
<br /> �-��. .._--". 1 la�s, ordinances ana regula�ions re�a�.ng to industsaa:.Y hygiene
<br /> - :. , ��_.. - '- --�-:,-
<br /> �- °�`�= � � or to environmental conditios�r; on, under or aTaaut tii,�.�roper�y, ; �° , -_=.-;°--
<br />' `Y'���' ��•x��t�� �- � including, but noti limited to, s�oil and grouAC�ater•,��icliti4rir�: ; ,' �,�:,�K� ��
<br /> '�.rst-�..`t���.:;f;, ' '„s"^��
<br /> �,: � ��'r� . TMtstor ehall not use, genera���° manufacture, z��vre��t� ��'a.spose of � _ .,;�.,t��;��
<br /> . .; ;p:.s. ..�•.<�r i ,_
<br /> }��Y � !. .
<br /> _,... ,-.�,, � o�, uader or about the Property or tranaport '�+o c's-.ffa�om the �
<br /> � " ��`::.. , � . � Pxoper�y any flammable explosives, rzri3ioactive mater���s. hazardous + .
<br /> • �, p r
<br /> ����''.,` ' WaBtes, toxic substances or related ni��eraals, inalud€rig, without ; . �.`
<br /> �.:����4�� limitation. any substances defined as or incYuded 3n �He defini- ` `� �� �-`�
<br /> , . ., . �:,.--�
<br /> '" ���''��'' � ' tion of "hazarcSous substances", "hazar�ous wastes". "hazardous � � � � *�,•
<br /> �}i�;•�. �
<br /> ,.-'�� "`� • mater3.als" or "toac�� substances" uad�r any applicable laws, � • `���°•
<br />��' ° '�-�>�� - � . ordiaanaea or regulat�ons (collectitr��� referred to .hereinafter '_ .. . . . .
<br />_ �`�""�;-,..:..� as "Hazazdous Mater3a�ls") . Bo�rowe� �Znreby warrants�a�d repre- i.
<br />- � �' =� sents to Lender that there are ao I�axa�doue Materials on or under • �
<br /> the Property. eorrower here�y� agrees; to iademnify and hol�8 � � .
<br /> - � hsraleoe ben8er, �ts;�directo�cs, of��cars. en►��oyees and agente, i�
<br />�::� . ana anp suaces8ors to�SLender'a intiere�. from snd aqainr�t any and �. .- . . . .
<br /> — all elaima, damages antt,s�liab�litie� a�ising in conneation Mit.h
<br /> - the presence, use, storaqe. d��posai oi •tranagort of any Hazardous
<br /> . �,.;.,. . '
<br /> � 1�lateriaas on, .under, from��o��about the Propertp, including, with- �
<br /> — ou� limitt�tion, (a) a11� damages dfrec�ly os indirectly arieinq � �
<br /> - ou�� of� 8be use, qen�ara�fon, storage or dispogal of Haaardous �_.•
<br /> 1�laatexi�is bp Borrarer or any pri,or awner or operator of the ' ='-== ---
<br /> i . : .
<br /> . Pro�ierty. and��tb1�'all costa of any required oa necesaary repair; �
<br /> - � . . aleanup or de�oxificatfon and the preparatian of any closure or � " _ �
<br /> . olher raquired plans, ahethes such action is reqnirec7 or neces- � . • •_•
<br /> . sary•prios to or following transfer of. title to the Property, to -
<br /> the full extent that auch� action is attributable, 8�rectly or, �. �.., : .
<br /> • ` itrdirectly, Lo ths prestnae or use; genesation, storaqe, releasa, r �
<br /> � . . thr�at�e8 release or aispcsal oi Hazazdous Materials by sny : �
<br /> � _,.. p�caon oa .the _l+raperty prior to tr�insfer of titla thareto by . � .
<br /> .
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