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<br /> .�;,:.•... . takan or dam�qed.Lender eheq heve the option in ite eota and�bto[uto dt:areltoa,to appiy ell euah P►oaNds,afta deduotinp tNs►itrom
<br /> .. � .� � - --
<br /> ��>„; . a0 aost�end expen�as inaurrod by k in oonneotton wlth euah Proaead�,upon my indobtednes�oecurod hereby and in eucl�ord�ne y��'��ti���.;�,`�_�:_-
<br /> •°.. _ lende►mry det�rmfns,ar fo�dpiy a8 suofi Praaaedo.sft�r cuafi de�ottona.to the rcatotatbn of th� P�roparty upan auo9�oat�ditieRts u _ --
<br /> 6
<br /> Landa may d�termtns.My applloatioo of Procead�to Indsbtmdnoss eAstl not exQand or pwtpoao tho due date o!�r►y p�1RR�nto�+nda `�' •"
<br /> -t:; ry
<br /> • tb�Not�,or aure any d�f�ft th�reunda or herandsr.Any unepplf�d tund�d��ll mt paid to T�uttot. : ."��'n>-��`
<br /> ' � 8.��rtortn�r►os b�L.�nds�. Upon tho oeourtenae of en Event of Ost�uh Meroundet,or N eny �ot h hk�n or lep�i proawAlnO ',r.,<���1 Yr•�.:;----:��
<br /> oommanaed which mate�tstiy sffeatr Lender'e interost in ths Froparty.lsndcr moy tn lto own diaarotiar�,Qx�t akhout obppetion to do oo, •��''-�
<br /> u►d wtthouc eoties to o�danand upon T�uetor and wtthout reten(np Tiustcr trw»enY obtipetton,do any aot v�hfah T��to►ha epreeA • � ��a -_
<br /> � but taRs to do er�muy etso do any othor aat h deems nerosesry to proteat the seourkY heteof.Tn+etor efiall.knmediat e i y upon dotriead �•'-�""
<br /> . .i`.."�,�r.:
<br /> . . therofor by t.endot,pay to 4endet ell ooete and expenees inaurted and aume expmded by Landar in eonneottor�wkh the oocaoise by �j-°
<br /> '•.''M._,
<br /> � Lendet of the torepotn�riphto,topethor wlth in4erest thareor►at the defeuk rete provided fn tho(dote,whhh ehall be added to ths _ ��_v',:`�•—_
<br /> ''�..
<br /> indebtodnote eeeured hereby.Lander ehetl not inour any tiebility beoeuae of enythiap it mey do or omk to do hereunde�. • '"�'.�,.Y."
<br /> 9.Haurdous MatKiats.Tnieto►eheil keep the Property in eomplianoe with all epptieam9a Wws.or�inm�ea and ropuletions►clstin0 to ',:
<br /> . induotrie!hypiene or mvlronmentef proteotion toolleotively rofened to herein as'EnvivonmmQmta7 6.or�e°l.Tnastor efie11 kmeP the Propaty . �..w=�;`.
<br /> • ,�r_-°
<br /> • iree irort►eD subetenoea deemed to be hemrdouo or toxfo unde�eny Envkonmentai 1.��+o Qcatlaa9i+re4t1�0loiumd to hereln s�"Hssardou� ;;•��;�-
<br /> Metetieh').Ttustor heroby warrante and reproaonte to Lande►that thero ero no HaamTdous Ma4�1 mv�oe ocn�¢a Lhe Propaty.Truetor � . .*a!�.:
<br /> hoteby eprees to indemnify and hofd hetmless Londer, ite dtteatoro,officero,empto�poas end mg2n4�.m�Q amV suaeesaoro to lander's f��,,,��'�•.�.`"
<br /> a►teroet.trom end apataet anp nnd op aie(me.damepea,loaees end liebilities nrisine fin eannaa'tian wiih thm P���•uee,dMposel ot ? .. �; ;� .r�-
<br /> t�sport ot eny Haaerdous Affa4e�ola on.under,from or about the Property.THE FOG3Pcf��IP1�WA�RA9�ITIES l4'J��D ai�P'AESENTATIONS, �":=���k��_
<br /> AQ�70 TRUSTmH'S OBUtiA410WS�URSIdAN'�TO THE FOREGOINO INDEMNITY,SKA7.L SURVIVE RHCON19�Yd4T7CE OR THIS DEED OF ° <:h�:�-�
<br /> T�tU�T. ;;;�r�—
<br /> �,,.�._
<br /> t0.bla�dgr.r�tnt of Retfte.Truetor hmteb�p eesi9ne to lo�dm tho vonIIS,issuea and protite of the Propmty:provided thet Ttmat�e�'heil, '''�t'`
<br /> ;i_7.F.'i�:==y�-=:.
<br /> . i .
<br /> until the oceunet+ce of en Eveo�t of Defauk hereunder,hovo the r10ht to collaot and rMain ouch ronte, iasues and profits as th�y Qaecome °,-�t�.*'
<br /> dua and payeble.Upon th0 ocaurtence of en Event o4 Oo4auh,Lender may,either in peraon or by epent,witi►or without b►inpinp�ny ��''?l' :'•-
<br /> Action or proceeding,or by a receiver eppointed by a crourt and whhout rogard to the adequaoy of he eeeuritb, antar upon end teke j� +'�Ae�-:�:
<br /> ,c:;,
<br /> poaeeasfon of the Property, or eny pert the►aof, in ke own neme or In the neme of it�e Trustee, end do any acie whidt k deema • � .,y.�___
<br /> ' ' necessary or desirabte to preaerve the vatue, marketabflity or rontebility of the Proper2y,or any part iheraof or interost therein,in�e i' !�n� �"-
<br /> the income therefrom or protect the securiay hereof end,with or without tekinp poeaeseian of the P��opefi►,sue for or othetwiae colleot !`.:.;��';� , ""
<br /> ' the rants,issues and profite thereof,inciudiny thoso pest due and unpaid,and apply t0�e same,les�cast�end expmaea of opetetion end :•�;�i,� .„,.�.,
<br /> 09
<br /> eolisotion inoludinp ettomeys'f¢es,upon any indebtednese secured hereby,e111n suct�ordmr ea Lander mey determine.The anterinp upon '•��`';i;�;� � �
<br /> and takiny poeseasEon of the P�operty, the colleotion ot such rente,iasues end p�otito an�the epplioaUon theroaf ae eforesnid,aheil not "� � -=
<br /> aure or weivo eny defeult or�otice of detauk hereunder or invelidate eny aot dona in veapbnse to euch detauk or pursuent to auoh notioe �r-
<br /> or tha collaction,�eceipt end applloation of tmts,laaues or ` ;; ..-'�,�"
<br /> of detnuft end,notwkhetend'mg the contirwanae in posseseion of the Propeety ,
<br /> ,:�;.:�. �i' '" .
<br /> profke,end Ttustee end Lender ehall be entitled to axercise every�iflht D�ovided tor(n any of the Loan inetrumente or by lew uPOn ;..',.;;;• �•J.
<br /> oacutrence of eny Event oi DeteuR, inch�din wkhout limitatfon the ri ht to exeroisa the power of eaie. Further,Landefe �reQ�4o ond �+,;.�4�,. i
<br /> remedies under thie peregraph ehall be eumuiative wkh, end in no v ay a iimitetian on, Londar'a P�piais snC rcmedies sx�s° �Y �'•`�:�� -
<br /> assfpnment of leaeea and �mnta�acorded egainet the Proparty.Lender,Truetee end tha reoeiver ehall be lieble to eocovnt onN for those � ,�J;i�i�, -' �
<br /> � tents eotuetly reoefved. .•• �.
<br /> � i t.Evu�t�of Detwk.The foltowing shall constitute en Event of Oafauk under this Deed of Ttuet: • 7
<br /> u�
<br /> (e)Faibre to pay any tnate(iment of p�Inafpaf or interest of any other sum eecured hereby when due; � ;%ti��s}, ` t� �
<br /> • lbl A breaoh of or detauk under any proviaion contained in the Nota,this Deed of Truet,eny oi the Loen instrumente,or any ..;-_:,4•} •
<br /> , ' other lian or enoumbrence upon the Property; � '����''�'F� � '
<br /> � (o)A wrk of execution or attechmant or any aimiler prooeas eheli be entored egeinst Truetor whioh ehe(1 become e ttan on the � , '���� °.vi�:�-�, :
<br /> Property or any portion thereof or intereeit therein; � ���•r�,;�/'� '�
<br /> td)There shatl be filed by or egeinat Trustor or Bonower an aotian ur�Qer eny present or futura federel,etete or othet statue,!ew � �
<br /> or reguletion releting to bankruptay, inaoivanay or other relief for debtore;or there ehell be eppointed eny truatae, receiver or �
<br /> � ' Ifquidator of Truetor or Borrower or of al�or any part of the Porperty,or the rents,iasuea or profite the�eof,or Truator or 8orrower ' ••'t's �•
<br /> � ahell meke any general aesipnment for tha beneflt of oreditore; ��' �.Rf �'
<br /> te)The eale,trenefer,lease,aseignme�t,oonveyence or further encum6tanoe of alt or eny paR ot or any fnterest in the Property, � '.'i'•'.� ��
<br /> � ekher voluntarily ot involunterily,wRhout the exprees written oonee�t of Lender;provided that Truator shali be parmitted to executa ; , o
<br /> � a lease of the Property thet doea not contain an option to purohese and the tertn of which does not exceed one year; � '�.; ,
<br /> � tf) Abendonment ot the PropeKy;or
<br /> � � tg)If Truator ie�ot en individuei,the iaeuanoe, sale,tranafer,assignme�t, wnveyenoe or enaumbrenoe of more thnn e totet ,� ����%'�' �
<br /> � of tl!� percent of('rf a corporation)its isaued and outetandinp etock or tif e partnerehip)a totml of N/A pmoent of " �'�`
<br /> • � pertnership intereste duting the period this Oeed of Trust temeine e tien on the Property. r �
<br /> 12.R�nnedies;AccNsration Upon Qe}wk.in the event of eny Event of Defeuk Lender may, without notice except ea requited by lew,
<br /> • deolare all indabtedness secured hereby to be due end payebta and the seme eheii thereupon beaome due ond peyeble without eny �- E,,' .;+�'`
<br /> I presentment,demand,protest or�otice o(any kind.Thereafter Lender mey: �. ,
<br /> (a)Danand that Truetee exeraiae the POWER OF SALE granted hetein, end Truatee ehell tfieteafter eeuse Truator's intaest
<br /> in the P�operty to be aold and the proceeda to be distributed,eii m the manner provided in tha Nebreske Trutit Deeds Act;
<br /> tb)Exercise any end ell rights provided for in any of the Loon inetruments or by law upon oocutence ot enY Even4 of . .
<br /> OefeuR;end
<br /> to1 Commence en ection to foreclose thie Oeed o4 Tniat as e mortgage, eppoint a receiver,ot specfficel3�p onfarce eny of the
<br /> ' covena�te hereof.
<br /> t No remedy hmein oonferred upon or reaerved to Trustee or Lende� is ;ntended to be excfueive of any other remedy herein, in the Loen
<br /> Inetruments or by Iew provided or perrsitod.but eeeh ahell be cumulative,ahell be in addition to ev0ry other remedy yiven hereunder,in
<br /> � the Loan Instrumente or now or hereafter attisting at lew o�in equity or by atatuie,and may be exe��ned concurrently,indepandently or
<br /> sucoesaivaly.
<br /> 13. Truttee.Tho Tr�atee may rosign et eny time without cauae,and Lender may et any time end without cause appomt a suacesaor
<br /> or subatkute Trustea.'tnastae shell not be lieble to eny perty,including without limitation Lender,Bortowet,Trustor or any purchoset of
<br /> the Propar4y.for any loas or demage unless due to reckless or wi1Nu1 misconduct, end ahall no4 be required to take any sction in
<br /> co�nection witln the entoreement ot this Daed of Truat untesa imder�nniPiad,in writinp,for all costs,compensetion or expenses wtfi��may
<br /> '+�; . be associaYed thetewith. In addition,Trustee may beeome e purcheaor at eny sele of the PropeMy I;udicial or under the powmr of �ote
<br /> � pronted herein);poatpono the sale ot aIl or eny portion of the Property,as provided by bw;or aell th�Property as e whole,or irn aegarete
<br /> parcels or lote et Trustee's d�eaetion.
<br /> ! 14.f�os r�d Ettp�n�:o.In the event Truatea selts tfie Property by exercise of power of selo,Tru94ee shell bm zntit{ed to epply eny ee�e
<br /> ,'c'•�• r,. . .. -•- ------ -• -° ----- --• -------- -•-°---��__.._.....s..� :.nL.A'v�n atl'Qrustea's f6es.Ef1d LEfIdCt'e BTd TtYeteE'9
<br /> _ proa000a wsai av yo��ow.a v� on owaa a....o..pa..000... o........o�.b�.�..... ,. -'- --'
<br /> � ' � attomey's 400s,octuelly incurrod to mz3mnt�ertnitted by eppliceble lew.In the event Borrowor or Tn:'�x exeroises eny riQht prmvidad by
<br /> lew to wrm en Event oi Oefeult,L�ndor shall be entitled to recover from Truetot aIl coete end eapc�nses eatuelly incurteQ ae e r�suk of
<br /> � • Truetot's de}euk,inctuding r�ithout Oimi¢ation ell Tnistee's end attomey'e fees,to the extent permrtted by eppticeble levn.
<br /> . 15.Wtur�Advencoa.Upon rsquost of Bor�ower,Lender mey,at ite option,meke edditionel end future edvences end readve�ce�to
<br /> Bonower.Sueh edvancos ored rendvances, wkh interast thereon, shell be aecurod by thia Deed of Truet. At no time shsll the p�incipet
<br /> amount of the indebtcd�ooss sECUred by thia Deed of Trust,not including suma edvencnd to protect the security of thia Deed of truat,
<br /> exceed tha originel grinci�el ama�nt statad herein,or S f20.200.R0,whichever is yreeter.
<br /> �
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