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<br /> � :��'�''-���•:�� Lender to prot�ctlhfl securlEy c�t ttie�tote;(cj the po�Jormanca ct a!I ac�van�nts snd R�resmentea4 Yr�isfsr r�et tarth horo!�r ertd(��8
<br /> — ---- pr�ent snd tuturs Ind�tattne�f�nd obllp�rane af 8onaw�r(or eny al thsm!d mor�thar�orn)to Lfndrr whMhw dinct,In�fnet,
<br /> abroluM or aontlriprnf�nd wl�Mt�►erislnp by nols.�uu�nty,ovKdraH or othawi�e.YM NoN,thl�[�!d of Tru.�t and any�nd IW
<br /> WfMr doawnbtl�tt s�cur�tM NoM o►oth�rrViw�xecut�dln cannwtion d�rlm,inaludirp withoul tlmltation puprnnMM.MourMy
<br /> a�rqm�nb and asslanm�nte of I�asss and renb,shell be reterred to h�rNn as th�"Lwn IntVum�nto".
<br /> T�wta cownanb ufd ep��with IandK a�toilows
<br /> —� t. reYm�M d Ind�b�de�.All indabtedn�seaured heraby shsil b�pitid wh�n dus.
<br /> —_ - . � 2.'iii��,TYU�to���tt�a ow��cr of tha Poop:.Ryr,tt�tha�Ipht nnd cuthadf�to canvay th�Pra�trty.end r�arrent,fh�t the 1lrr►
<br /> crat�d hK�by IR �fint�nd prtor Il�n on M�Prop�rty,except tor It�ns and�naumbnnce��N(afh br Tru:iar in writln��nd
<br />_- - Qsllv�sW to Land��beiore sx�cutton o!this Oe�d of T�uat and tt�e ex�rudon and delivery ot thit Oad of T�ust dott not vloiats any
<br /> contraot or othK abllpaUon w whlah TruMor Is eubJsct
<br /> 3.Ti�xst.�n�n'�.To pay bsfore ddinqueney dl Lxss,apocial ausstmeMS and all othe aharya waimt tM Rrop�R�t
<br /> now a here�Rer levled.
<br /> 4.tmwranN.To keepthe Praqerty Insured apainstdamape byfire,hezards Inctudsd withln ths tsrM"extsndad covar�",and
<br /> - auch other hazerda t�e I.end�r may►ss�ulr�,ln amaunas and with conspanlea acceptaD�s to Lsnder,narrtlnp Landw as an�ddttlo�!
<br />- rtamad inaursd,with loss pnyabls to the isnder.In case of tose under auoh poDcie�,ths LendK Is authorizod b adJun,Gopeatat�d
<br /> -� s I w an 1 tednre�
<br /> o ta in atlor arfatthefnau►ance racesd ntl�eb
<br /> . compromiae,ail otaima thereunder and shall hav�the opU n a pply p p P () Y
<br /> � eecured i�erebyand In auch order as lender may determine.(il)tq.the Trubtorto be used for tha repair or rostoratlon,otthe�PrppeAy
<br /> �!�' or(tii)for any other purpoae or obJect aatlstaatory to Lender withoutafteodng the Ilen of thia DAed otTruattor the tull amount bpcured
<br /> hereby betore euch payment ever took ptace.Any appllcaUon of proceeds to indebtedneas ehatl aat extend or poafpone the due
<br /> date of any paymdnts under the Noto,or cure any default thereunder or hereunder.
<br /> S. E�erow.lJpon written demand by Lender,Truator ehell pay to Lender,in euch maaner as Lender may desfpnats.aufticient
<br /> sums w enable Leader to pay as they become due one or more ot the toilowing:(qail texea,asaeaamsnds and other chltrp�8 agiinat
<br /> the Properly.(il)the premlurns on the property insurance�equired hereunder,and(Iif)the premlums on any mortgape Inaurancs
<br /> requlred by Lender.
<br /> 8. Msint�nc��A�p�in and Compflanc�wlth Lawa.Truator ahall keep the PropeRy In good cond(tion and ropair,ehait�
<br /> promptiy repair,or�eptace any improvement which may be dumeged or destroyed: shaii not comm(t or permit any wasta ar _
<br /> deterioretlon oi the Property;shail not remove,demolish or subatantlally alte�eny ot the tmprovement�on the Properyr;shatl nqt
<br /> ��';� :��;;���+�•� commi;SuHer or permit Any act to ba done in or upon the Praperty in vfatadon of any Inw.ordinence,or reguiatian;and ahall payand .
<br /> ' prompUy dlachsrge at Trustor's cosi end exp�nee all Iiena.ertcumbrencea a�d charges levled.Imposed or assessed agatnat lt18
<br /> � '� e;.r: ��'h� Y P --
<br /> . : r��,�:.�.... ,; Pro or en aR thereot. a
<br /> � :,:"#��;rt>,2=*'�''�;�� 7. �nt Dom�h.Lender is hereby assigned all compensatlon,awards,damages and other paymeMe or relief(hereinatter
<br /> � � 3�M1�4.�-x' "Proceeds'� in conneotlon with condemnabon or other taktng ot the PropeAy or paR thereW, or for comeyance in Iteu of f:-=
<br /> ',�v.�: `' _._.
<br /> ���,.,.••,::.•.: „ condemnation.Lertder shatl be enUUed at Ita opilon to commence,appear In and prosecute in ita ow� nama any actlon or :
<br /> �v�;••` • =:• �.� �';; ,�: proceedinga,and sha�l aiso be enUUed to make any compromise or setUement in conneation with such taking or damege.in the :
<br /> � t ..,,;.; ��-=-
<br /> �:�;F;'� � event an rtlon ot the Pro ta so faken or dama ed,Lender shall have the o tlon,in ita sole and absolute di8cretlon,to appfy
<br /> .� . �s .. Y Po P�Y 9 P ��:;�
<br /> - ,y;h•;v;;�s,� �,;��.i al18uCh NroCeeds.after deducting theretrom aii cosis and expansas incurris�ty it In cortnaotion wr�ts such Froc&sda,u�assy
<br /> ;�:�,-�'-;,;,�:.: .. indebtedness seuured hereby and in auch orde�as Lender may determine,or to appiy aIi suah Proceede,aRev such deductions,to =
<br /> ., the�estoration ot the Properiy upon sucb conditions as Lender may determine.Any apqlicatbn of Proeeeda to indebtednesa shail
<br /> ; ;,:r;,�y,,���: ,,; not extertd or postpone tho due date of any payments under the Note,or cure any defauttthereunder or hereunder.Any unapplied _
<br /> ' .'��,C7.;,�:�:�: .. ,' tunds shall be patd to Trustor.
<br /> <' `y -� : i,,. , 8. Parform�n�br i.�tM�r.Upon the ocaurrence of an Evant of Oetault hereundor,or if any act is taken or legal procaading --a
<br /> ��°��`;� • commenced which mat9rlalty aHecb lender's tnterest In the Proparty.lender may in Its own dlsoretion,but without obligation to do r�_�
<br /> ';,� �y : � so,and without nottce to or demand upon Trustor and without reteasing TrusYor trom any oONggdon,do any act which Trustor hae =-
<br />� ?"'�`� agreed but Iaila to do and may a�so do any other aot ft deems necessary to proteot the security hereot.7rustor sheil,immedlatety -r
<br /> :"�''`��° �. �`• :, upon demand lherefor by Lendor,pay to Lender all costsand expensea incurred and sums expended by.Lender in conneodon wiM •�. .
<br /> +��►���z���� ° the exercise by Lender ot the toregotng rights,logether with interest thereon at the defauit rate provlded in the Note,whtch sha�l be •
<br /> • •"•'�`�•'•� � " ' ' added to the Indebtedneas secured hereby. Lender shall not fncur any Ilabiliry because ot anything It may da or omit to do �
<br /> ��,.•. �,
<br /> hereundar. ,
<br /> •,;r�� _-,.� .�'� 9. Nuanious Nat�ls.Trustor shall keep the Prope►ty fn compliance with all applicable�aws,ordinances and regulaUons
<br /> •��`"�"�'�' '� , reteting to Induatrfal hygiene or environmentel protectlon (coi�ectivety referred to hereln 8s"E�viranmental Laws").T�uator shalt
<br /> • -�"`° �° keep the PropeRy free from all substances deemed to be hazardous or toxic under any Environmentel tsws(colleoGvely reterred to ,�
<br /> �`���•� �� ° ""' � hetein as"Hazardoua MBteriais").Trustor hereby warranta and represents to Lender Mat there are no Hezerdous Matedals on or
<br /> •. , underthe Propertyr.Trustor herehy agrees to tndemniy and hoid hermteas Lender,its directora,officers,employeea and agents,and
<br /> � ' any successore to Lender's Interest,hom and against eny and atl otaims,damages,lossea end IiabiliUes arisfng in connecHon wlth
<br /> • the preseece,use,dlaposal or bansport ot•any Hezardoua Materlais on,under,trom or about the Property.7HE FORE30INt3
<br /> .-• WARRANTIE3A(�!D REPRESENTATlONS.ANO TRUSTOR'S OBLI(iAT10N3 PURSUANT TO THE FORE(i01N(i INDEMNITY,SHALL
<br /> `���� SURVIVE HECONVEYANCE OF THIS OEED OF TFUST.
<br />'`:� �` 10. Atsipnnt�nt ot iltnb.Trustor hereby asslgna M�ender the rente,Issues and profita of the Prope►ry:provfded that Trustor
<br /> ' � �•���� ; ;�',�; eha11,unNl theoacurrence of an Event ot Detault hereunder.have the rlght to collect and retafn such renta,Issues and profitB as they
<br /> •,�'=, •• • beaome due and payabte.Upon the occurrence ot an Event ot DefaulL Lender may,oither In person or by agent,wlth or without
<br /> bringing any action or proceeding,or by a receiver appointed by a couR and wlthout�ega�d to the adequacy ot!ts security,entet
<br /> upon and tuke possession of the Proporty,or any part thereof,tn Ita own name or In the name of the Trustee,and do any eata whioh it •
<br /> � � �. � , deems necessary or deslrable to preserve the vatue,marketabiUry or renffibitiry ot the Prope►ry,or any part thareof or interest Merein,
<br /> . fnarease the income Meretrom or protect the security hereof and,with or without taking possession of the Property,sue 1or or
<br /> • otherwise coltect the renta,isaues�and protits thereof,Includfng thoae past due end unpa�d,and appty the same,less costa and
<br /> . expen8es ot opereNon and colleatlon inaludfng attorneys'tee:�,upon any.indebtedness aecured hereby,ali In such orde►es Lender
<br /> t � �;i���,� may determine.The entering uqon and faking possessbn ot the Property,the co�lection of auch rents,iasues and proflts and the ,
<br /> `� �, �� appilcatlon Mereof as aloresatd,shatt not cure or walve any default or norice of default hereunder or Invaltdate any act done in
<br /> reaponseto such defauitor pursuant to such notice of default and,notwlthstendtng the conrinuance in possesalon of the Propertyr or
<br /> � �. �� the col�ecdon,receipt and apO�E�eUon of rents,iasuea or protita,and Trustee and Lender shall be ent►tled to exerciee every right
<br /> .��:���;. '' ' provided tor U any of the Loan Instrumenta or by taw upon occurrence ot any�vent of Qefault Including w►thout timitatlon the right
<br /> • • . � to exerclse Me power of sate.further,Lender's rlghts and�emedles under Mis par�greph shail be cumulative wiM,and in no way a .
<br /> •• Iimitatlon on,Lenders rights and romedles under any assignment ot leases and rents recordod against the Proparty.Len�sr,Trustea �
<br /> - and the roceiver shali be�iable to acaount oniy tor thase rents aotualiy recelved.
<br /> S. 1 t. �ver�t of OstttuN.The tollowing shall constitute an Event ot Detauit under thfa Qeed of Truat
<br /> _, � (a) Fal�ure to pay any instailment ot princlpal or intorest ot any other eum secured hereby when duo; i
<br /> -___ —__ �_�_..0..''"__"__�'"�_�__��_��..�.��..V.����� Y.l�f���J JT....M �w.�w11M���nw�neM���wnn�C A��I�u I..
<br /> __" _"� _�__
<br /> (0) MOfCOfi(t Vt Vf YQIGYtt YIIYOI GIt��/tV�tOtVtt W�twtttoV���atto�tvw�u��o vw�v� ..ray o�.�v.•..v..w...................�.�•�••� ,_ -
<br /> - other Ilen or encumbrance upon the Property; �
<br /> � � ' (c) A writ ot exoauUon or ottnahment or any stmitar process shall be entered against Trustor whtch aha�t become a Iien on �
<br /> � : the Property or any portton theraof or interest therein: �
<br /> ,�, (d) There shali be flied by or ageinst T►ustor or Borrower an acUon under any present or tuture federa�,state or oMer I
<br /> slatute.taw or repu�aUon relaUng to bankruptcy.Insolvency or other reilei tor debtora;or there shatt be appolnted any truotee.
<br /> � �, recelver or Itquidator of Ttu�tor or 8orrower or of flll or sny pan ot Me Properly,ar the rento,issues or profita thereo},o►Trustor
<br /> . , or�orrower ehatt m0ke any generat sasignmeni tor the benetit ot areditore; '
<br /> , • , (e) The sa�e,tr8nsfer,lease,asatgnment,convoyance or further encumbranca of all or any paR ot or any fntereat In tho !
<br /> Properiy,either vo�unffiNiy or Invoiuntarity,without tha expreas w�itten conaent ot Lender, provlde�that Truator shati be �
<br /> • • pennitted to exeCUtee lease of the Property that does not contein an optton to purchaseand the term ot whi�h dee8 Qotoxceed , ,
<br /> � ` . one year, : � .
<br /> ':',�"^ `' •r (Q Aba�donmpnt ot the Property;or �
<br /> : . +'•`. �
<br /> . � I
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