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<br /> -� . �T�TPR�lR�'.
<br /> � Lender to protect the secudty ot Ms Ncte;ie)�e Pdnfl�martce of stl coven�tnte Rnd�Qre�mtab oiTru�tor set torth hdrNn;and(d)all -
<br /> -- — - prw�nt�O tu3un ind�btedn��nd obilpsUOn�af 8prrpw�r(or��y oi tt�tm It more than orte)to�nder wh4thsr direat IndlrYal, -
<br /> abatua a contln�nt�nd wMth�r arlWnpby not�.puaranty.ov�daR ar olhuwlw.TA�Notr.thts ONd of Tnast end iuq�ttd all
<br /> '`i-� --- o1Mr docuent��at wcua th�Not�a otherwiss exeaubd In connrctlon LtK�with,lncludlnp wlthout timitutl�on yuararKea.Mcurily
<br /> _� — -- ap��nt��nd arslpnmmb W N�a�s and r�,ah��l bs ni�nsd ta herNn u th�"Loan Instrum�nb".
<br /> ;;=�� Tnattor co�wn�rlb�nd�na wltA L�ndsr as fol�ow�:
<br /> �,p�;;,;;��c��-t��':�tt�.All irtdobtedrtes�seoured hereE�y ehetl ba pnid when due.
<br /> 2,�Truttor li th�own�W th�Prop�rty.hu th�rtpht and�uthorit�r to conv�y th�Prap�rty,�nd war►anb that M�Ilen
<br /> T "� craated henby 1�a flrst and prior tlan on ths Property,except tor Ile�a and sncumbrancss set tortb by Truitor In writlnp and
<br /> � dNiverM to Lsnder belors sxeauUon of chls Oesd of Truat,and the exeauUon nnd delivery of this Osed of Truat does not vtolats any
<br />' cantract or other obllpaUon to which Tru�tor Is subJecf. -
<br /> 3.Ta��A�n9�Ms.To pay befare deiinquertcy a�l taxea,spealai nseeaamenfs nnd eil other oharpes a�aintt ths ProppR�► �_
<br /> now or hareatter tevted. --
<br />- •� 4.Inaunnp.To keep the Property Insured asalnat demape by flre,hexarde{natudeci wlihin the term"extended covereps",and
<br /> such other hazerde as Lender msy raqui%in amounts and witt�companiea acceptabte to Lender,�aminp Lendsr ea an ed�litlonel --
<br /> - �`�`i;,: named Ineured,n�th loae payabte f9 U►N Lendar.in ceaa ot loas under auch poHcic��,the t en�ar Is authorizad to sdjuat c�Neist end � —
<br /> `�/ �.,, ��* compromise,ail ctatma thereunder artd shail heve the opt�on of epptying all o►paR of the ineurance proceeda(i)to any tndebtedneaa
<br /> ,� �x„�,y secured hereby and in aucb order as Lender may determine,(ii)W the Truetor to be used tor the repairor reatorallon.ot the PropuRy
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<br /> ;�•���� ,�!�. .••� or(iif)for any ofher purpoad orobjeataadefaatary co Lender without aHeeting the Ilen of thia DAed of 7ruat for the fuli amount se�wred
<br /> f�ereby betore such payment ever took piace.Any app�laedon of proceede to indebtedneas shati�ot extead or poatpone the dae
<br /> ` dats Of any paymenb undet the Note,or cure any default thereunder or hereunder. _--
<br /> . ; ,,::,, .,���_.,'., S.�eaow.lJpon written demand by Lender,Truetor ahall pay to I.endsr,in such manner ea Lender may deaisnate,aufficieM `_
<br /> "�d^`-�"'• '�"`'- sums to enable Lender to pay as they become due one or more ot tha toilawing:(i)alt taxea,essessmenta and other cherqea8�atnst ,�,
<br /> , '���?'�r�::'� the Property,(i�the premiuma on the property insura�ce requlred hereunder,a�d piq the premiuma on any mortgaye insurence ���=-
<br /> : i� . . ` . required by Lender. � --
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<br /> ' 8.M�Ntrnane��Rm�aln and CmmPliane�wtth I.�ara.Trustor shall keap she Property in good condition and�epair,shail
<br /> � "�r7�tj'�!`��`.'�: . prompUy repatr,or�epbce any Improvement which may be damaged or deatroyed;shatl not commR or permit any waete or :,,:.:_�'
<br /> • � ,� deteriorEttion o!tha Properly;sheli aot remove.domotiah or subatantlally eiter any of the improvemeMa an the Property;shall not � ._
<br /> „ ,`F�.�-��,�;�!'!�:}'�:��,f�,:�,• commit,suifer or permit eny aat to be done in or upon the Property in vloladon ot any faw,ordinance,or regutaUon;and 8ha11 pay and
<br /> � r - • .� ' "' rom dlsGherge at Trustor's aost and expense alt Ilene,encumb►arvicea and charges levied,imposed or assessed against the ",F-
<br /> a,-�..y:,�,�nli�:".:;.;�_.. P P�1P
<br /> , �_;•,,. 'z Properiy or any part thereoi '�'i'
<br />' •'� 7.Emina�t Oomatn.Lende�is hereby essigned all compensation,awards,damagea artd other paymente ar relief(herelnaftBr
<br /> -- ;�'�7,a..r:'�.�•�� •- ' - ;
<br /> . ;;�:,� "Proceeda'� in connecdon �rtth condemnaUon or other taking of tMe Properly or part thereof, or tor conveyence in Ileu ot ,.,,:,;
<br /> �'''ii'.'•`'`:1 .
<br /> ;;�.� .�,� f.�;�,.�<<,�,�,.s.;,,;,,. � condemnatlon.Lender shail be entlUad at ita opUon to commence, appear in and proseaute in ita own neme any aatlon or
<br /> proaeedinga,and shaU alao be enUGod to make any compromfse or eettlement in conneatlon with auah taking or demege.In tho
<br /> r:,;;� -,.� � . .. event eny poraon of the Property is so takon nr 8anaged.ten�er�hatt t�avs ihc ap�an.IQ IS$90I8 8!!S�EI?SQIUtB�I9t+�9YI�Jl1i�RE�E��Y :
<br /> • � 811 euch P�xeeda,eiter deducting therefrom all costs and expensea inaur�ed by it In connectlon with suah Proceeds,upon any �.;.';�,
<br /> � ' indebtedneaa seaured hareby end in euah order ea Lende�mny determine,orto apply all suoh Proceeda,sfter suah deducttona,to
<br /> the reatoratlon of the Properry upon euch eonditiona ae Lender may deterrnino.Any applicetion ot Proceeda to Indebtedneaa shail .�,A��,
<br /> , ' � not exte�d or poetpone the due date of any paymenffi under the Note,or cure any defeult thereunder or hereunder.Any unapplled •
<br /> (unds theil be patd to Trustor.
<br /> � ' ' • 8.P�ttOrmtee�by L�ndtr.Upon the�ocaurrenco o}en Event ot Defautt hereunder,or it any aot ie taken or tep8t proCeeding
<br /> cammenced whteh matertalty aftee�e Lender'e intereat ln the Property.Lender may In its own disaretlon,but without ob�ipation todo
<br /> �� ' � � ao,and wichout natice to or demend upon Truator end without releaain9 Truator from any obllgation,do any aat which Truator has
<br />;_ � apreed put fafla to do end may elso do eny othdr 9ct it deema�eceeeary to proteat the eeaunty hereof.Trustor shell,Immedlatety
<br /> "' - upon damend theretor by Lender.pay to Lender all coats end expensea incu�red end sume expended by Lender In conneeUOn with
<br /> :y�� . " !he exercise by Le�der ot the toreyoing righte,together with Interest thereon at the detault rate provlded in the Note,whlch shall be
<br />-_� Itdded to the Indebtedness seaured h�reby. lender sha�l not inour any Iiabliity because ot anything tt may do or omft to do
<br />.! . �,: „ hereunder.
<br /> ` � 9.Mutrdous IIAat�rlsis.T�uetor shali keep the Property in compliance wlth a�l appticable laws,ordinences and regutatlons
<br />- '. ' . retaUng to Industriai hyqiane or environmental proteeUon(colleatfvely reterred to hereln as"E(►vironmentat tswa").TrusWr ahall
<br /> : ' ' " keepthe Property free from alt substances deemed to be hazerdous or toxic under any Enviroflmental Lews(co��ecUvoly referred to
<br /> � herein ae"Hezardous Materials").T►ustor hereby warranta and representa to Lender that there are no Hezardous Materiats on or
<br />_,y undertheProperty.Trustor hereby agrees to IndemnHy and hold harmteas Lender,Its directors,otticers,employees end agents,artd
<br /> " any suecesaore to Lender's interest,from and agalnst any and ati cisims,damagea,toases and Ilabititles arising In connectlon with
<br /> �� • the preaence,use,disposal or transport ut•any Harerdoua Materlais on, under,trom or about the Property.THE FORECi0INC3 ,
<br /> WARRANTIES ANO REPRE8ENTATIONS,AND TRUSTOR'S OBLIC3ATIONS PUR3UANT TO THE FORE(�O1NCi INnEMNITY.3HALL
<br />=���.. ;,,;;;.-r":� � SURVIVE RECONVEYANCE OF THIS OEED OF TRU8T.
<br /> F'- ' • 10. Aatsnm�nt ot R�nb.Trustor hereby assigns to Lender the renta,issues and proftts of the Properly;provided that Truetor
<br /> �..;, , shali,ur�tl�the oceur►ence of an Event of Oetauit hereunder,have the right to co�lect and retain such rents,issues and proHts as they
<br /> • �;. �;•• '. bcscome due and payable.Upon the occurrence ot an Event ot Detault,Lender may,elther in person or by agent,with or without
<br /> *+-�i�+• � bringing any scdon or proceeding,or by a reaelver appotnted by e court and wtthout regard to the adequacy of ita securlty,enter
<br /> °` � � upon and take posaessfon ot the Property.or any part thereof,In its ow�name or In the name ot the Trustee,and do any acta which ft
<br /> �1 � deema necessary or d8sireble to preserve the valus,marketabllity or renffibUity ot the Properry,or any paR thereof or interest therein,
<br /> �� �� fncresse 1he income thereirom or p�oteat the seaurity hereof and,with or wi4hout taking posaesaion ot the Properly,aue tor or
<br /> �� otherwiae colleot the renta,tssues�and protlts thereot,Inaiudtng those pas!due and unpaid,and epply the same,less costs and
<br /> ) �� axpensesof operatlon and collectlon Including attomeys'feea,upon any.indebtedness seoured hereDy,ati in such order as Lender
<br /> - a� � may determine.The entering upan artd taking possessfon ot the PropeAy.the collecdon of such rents,lssues and protite and the
<br /> _� �;.� • �pplication thereot ae atoreesid.ahall not aure or waive any defeNt or notice of default hereunder or invalidate any act done in t
<br /> resportseto such deteuitor pursuant to such noUce of default and.notwithstanding the condnuance fn posaession of the PropeAy or �
<br /> -- � thA coltecdon,recetpt and applicallon of re�18.issues or proflts,and Trustee and Lender ehati!�e entitled to exercise every right
<br /> �� • � provided 1or In any of the Loan�nstruments or by Iew upon ocaurcence of any Event of Detault,including without IlmitaUon the right I
<br /> �� " � to exerclse the pawer of eale.Further,Lender's righta and remedies under thls paragraph shall be cumu�ative with,and In no way a �
<br /> �t Iimitatlon on.Lender's righta and remediea under any essignment ot teasea and renta recordr3d agalnst the Properry.Lender,Ttustee
<br /> ,� ,, . • �� and Ne recefver shal�be Ifable to account anly for those rents actualiy recelved. �
<br /> �_�_,_�•___________ 11. Erenb ot OMaut�The fo�lowing ahatl consUtute an Event ot Defautt under thfs Deed nt Trust
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<br /> .�Y.� •���a�__-_.��utiYM I��b�
<br /> _ `:� ;-�--" (8) F81Wf@ t0 p8y 8ny ins�iimeni oi principai vr in'coicoi vi oPij vano:o:i�T.wvu............�, ^.._..-__, �_-
<br /> _ j �, � , �b) A bresoh ot or detault under eny provlslon contalned tn Me Note,thls Deed of Trust,any ot the Loen tnatruments,or any �
<br /> -' � , other tlen or encumbrance upon the Property;
<br /> (c) A w�it ot exooutlon or attaohmeRt or eny elmllar process ahell be entered agalnat Trustor whlch ehetl become a tlen an �
<br /> ; , tho Properly or any poAion thereo}or interest thereln;
<br /> • � � . � ' (d) There shall be tlted by or agalnst Truator or Borrower an aatlon under any present or tuture tederal,atate or other �
<br /> ',��,. ,, .,. . � stetute,tew or regulation relaHng to benkruptay,fnsotvency or other rellei tor debtore;or thore shall be appotnted any Vuatee, �
<br /> , . �:i�.:.,.;;�:�,.� recelrer or Ilquldator ot Trustor or Borrower or�f alI or any part ot the Properly,or the rente,lssues or proHta thereof.or Trustor �
<br /> ' ��''�:t;;,��;��^`• or 8omower shall make arty general asslgnment tor the benelll of credltors; �
<br /> iI .`•��! • (e) The sa�e,treneter,lease,asslgnment,conveyance or turther encumbrence ot all or any part ot or any interest in the
<br /> � ' ` ' P�ope�iy,elther votuntarlly or Invotuntarlly, wlMout the expreas written conaent of Lender,provlded that Trustor shall be �
<br /> �� � � _ permltted to exeaute a lease ot the Property that doas not contefn an opUon to purchase and the term of whlch does�ot exceed I
<br /> .,;�;� . : one year,
<br /> • • . (Q Abandonment ot the Property;or �
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