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<br /> � ��� � � . . .` ` � � ` � �. � . ��4-�.� . � . . �
<br /> . �t� prap�sty in �iolatioa of ariy laM, osdiaanc�, ,or�r�galat�.oi�s � :
<br /> . . � aAd sli�t�l'`p�y �and Pta■p1e�Y di�cUargt �►t �orsat�r�s.�cp�t � an�i.` � �
<br /> � �cpe�s� �a11 liin�. ��ncuwbrance� a�d c�hau�qu� iwied, �ap�osad oz � .
<br /> - , •as�k�ss�d sga3,nst the-Pr�y or any part theraof. ` . . •
<br /> � '6: E�£asnt Da�ain. 3.ender i� bar�bp asfi��. a11�_ ,�- :
<br /> � cc�p�nsat�Qa, aMa s. aaaqes utd othar p�yaants or:. sel�tet �
<br /> Iberefaatt�r •Proceea�"? _i.a aoanection With co�daaiatioa or othar .-
<br /> � takiug o� the Property or part fhereof. or far-conveyaacc iri lieu
<br /> of. +�wAdewnatian. 3.ander sbali be satit�ed, at i'�s option,. to ' .
<br /> ` ` � ca�s�ce. �PPear 3n a�d prosecnte in its am na�e any action or
<br /> � _ pracaedi�aqa, and sba�2l also be entitled to aake any ca�pro�.as or
<br /> e�ettle�ent ia caanection rith anch takinq ar daa�aqe. In the
<br /> _ event any portion of the Prope�ty ia so tuTceu or d�aqed, I,ender
<br /> � sha?1 have. the option, iri ita sole aud absnlnte ai��retio�. ta
<br /> , apply all .auch Proceeds, after -deductinq therefro� all costs aad.
<br /> expenses incarred by it in connection t�tfth �uth Procee8s. npoa
<br /> any indebtedtteas secured hereby a�td in such order as L�nder aay . •
<br /> - � determiae, or to apply all sucb Proceeda, after such deductiona,
<br /> � to fihe restoration of the Pxopeztp upon auch coridi.t�ona as i,�e�der ..
<br /> - aay deter�i.ne. �ny application of Psoceeds ,to iadebtednesa sha31
<br /> � not eatend or postpone the 8ue 8ate of any payneats uttder the. .
<br /> Note, or cure �ny defanit thereunder or hereunder. ,
<br /> -`.� . . �
<br /> � � " 7. `Perforneanc� b Lender. In tlte even� of Borrower•s
<br /> r,� failure to per orm any o e covenants herein or make any pay-
<br /> met►ts reguired�hereby, or if any act is taken or legal proceeding
<br /> - coa�nenced Which materially affeats Lender's interest in the
<br /> � � �:��^
<br /> ����� Preperty,. I.eader may in its own disaretioa, but without obli.ga- � `-r
<br />` �Y�j� � tion_ to db so, and without notice to or demand npon Borrower, and,�,�:;°'�� ;.
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<br /> � - �, ..; ,,, . •, withcut releasing eorro�+er from any obligation, do any act Wbich '<i`�• � ;
<br /> :� k �Y;�, the Borrower has agreed but fails to do and may also do any other �
<br /> - ,��"`�'�y,�.�`��,. act 3t deems necessary -to pXotect the secu=itp hereof. BorroWer
<br /> ����� -� � - shall, immediately upon demand therefor by LenderQ :�ay to Lender , �...
<br /> � , all costs and expenses incurred and sums expendecIl.:£�y Lender in ' -
<br /> � � � connection with the exercise by 7�ender of the fcr�going rights, ' -,_
<br /> . r�4':.. ` _ _ . ��_.
<br /> toqether with intexest �hereon at the default rate provided in � .�-___`
<br /> %f;f;,� . � : � � the Note, which shall be added to the nde tedness secured '� '
<br /> -• :��i����. -•.�;�:-.. �� hereby. Lender shall no� incur any liability because of anything ': ��
<br /> �::` ::�'�'r - ;;';,�;�`+,: • it may do or omit to do hereunder. ��':
<br /> . ;!'d,:�.�• `�'��1.'�1;�/,i� . , . . .-. .: _.s. '•Y_.�'
<br />_ ;;.:,,�.a. � i. :b'r.i ; . , "
<br /> �,..:,,.�.,..._ �+ ��,. , S. Hazardous Materials. Borrcwer sSc�gl keep the ,,. .,'�`", �_
<br /> , 'f�� ' ' Property in compl ance w any and al l €c-�eral f'. State and local
<br /> ' °t`� � laws, ordinances and reqviaa��ons �relatinq �o as�c��strial hygiene
<br /> :t;:;� . . �
<br /> � ' �s �o environmental conditions arr. �under or ah�tu�t the Property,
<br />�'��` .��:�.�. � � are�?�udi.ng,._but not limited to, sc�s� and groundwa�er conditions.
<br /> �'{'�� � ' � Trustor shall not use, generate, manufactu�r�, store or dispose of .'� '
<br /> „..
<br /> "{irii� ����r-., - .
<br /> _ ;l,,,>,_, on f under ur about the P�operty or tran�rt to or from the .
<br /> • � , Property��a�a� flemmable explosives, radioacltive materials, hazardous
<br /> � ' � wastes, toxic suhstances or related materials, includinq, without
<br /> . :;.;. � . . f. . ,� .
<br /> � , s,t+,;;j • .• • . limitation, any s�x?as�ances defin�d as os includecP �n the defini-
<br /> --�- --' - tion of "hazasdons substiances", "hazardous wastes", "hazardous �� "�.`.;;;if?����`.*.
<br /> � materials" or "toxic substances" under any applfcable Laws, G - ; .
<br /> � ,�` ordinances or regulat3ons� (collectively reFerred to her�a�na€ter� i
<br /> �; � '� �� � . ,� as "Hazardous Materials") . Borrower hereby warrants and rep�e- � � .,;
<br /> � sents to Lender that there are rio L�azardous Materials on or underc �` ' °
<br /> � Borrower hereby agrees to indemnify an8 .�old i� .'�'``''�``
<br /> the Propesty. �
<br /> � ����;�'�°� - harmless �nder,. its directors, _ofticerso- emplayees and ,agents,.. . ��� �� .
<br /> _ . �;�,..,..,.,._.... _, � , � .
<br /> � ;�T�:: �� an8 any,sixccessors to Lender s interesta .t�om and against_��ny and:, :��
<br /> � '��� � ;,;:;,, � all claf�s, danraq.es and liabilitie,s arisiiig in connection with � � :� ' f
<br /> � � t h e p r e s e n c e, a se, stvra qe, dis pasa� or trans par�.csf any Ha2aidat�s
<br /> �� Materials on, under, from or about the Property,� includinq, with-
<br /> : �- :� ----- --- --- - ant }.fraitation, Ia) all damages 83rectly or indirectly arising - .
<br /> .•.;,: ont of the use, generation, storage or diaposal of gazardons
<br /> -` '' ' � Materfals by Borrower or any prior owner or operator of the
<br /> � � � �, Property, and tb) all costs of any required or necessary repair, •
<br />_- -_ - �- .- cleanup or detoxificatfon and the preparation of anp closure or
<br />' ; � � • � othes required plans, whether auch action is regnired or neces- .
<br /> � . • � sary prior to or following transfer of title to the Psoperty, to
<br /> : ' � the full extent that such aC�ion 3s attrfbutable, directly or �
<br /> �� � . � inclirectly, to the presence or us�, generatiion, storage, resease,
<br /> �L---- � --'�—�--�-- threa�tened release or disposal of� Hazardons ktateriais �y �as�Y ,
<br /> _ _.-.:._:.._;...--
<br /> r� ; ,. ' . ' persan on the Property pr3or to tran�fer of title thereto by .
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