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<br /> =����' � ` . . . . � � ' . `. � � — _�_�
<br /> --�`� � dQem ��ppro¢riate tb de�ermine cOmpI iarace nf,thg PropQrty coitl� �thi s secti�n • ---
<br /> _- �,.,� , qf the Davd•oP Tru�t. Any inspection5 �r tests made by Lender sh�ll `be for � ' _ _ _
<br /> --`�. a r.::: _.. . . . —
<br /> '�;tf � ���� �.ender',s purpos�s o.rly and shall not be construed to cre�tf.e, anY . °"` W = _
<br /> , �� _ ;� r.espon63bi l.ity qr l iabi l ity on the par t of Lender to Grantor �r to any . ,� �,€����
<br /> �= �-I "'�_� . other q�e�snr�. The r2pre5entatians and warrantfes 4ar+tained herein are �f��� _ _
<br /> ,� ba�ed �+�{R Grantor's +due diligence ir� �nvestigating the i�ropertv ;or` � �: ����r
<br /> , -k ', � . • " '�s`
<br /> ����,,:; � ha�ardaus waste. Grantor �herebv t a) relea�es and waives�any future claims � S.t, �
<br /> �� � ��� again�t t�ender iar indem»ity ar contribution in�the even,t, Grantot- becomes �,�,,-,�� ��
<br /> �,�.� - ,:��c - _ -
<br /> -_����,.� liablr �#o� c�.eanup o� other coSts under any such laws, fb) agr�es to � ;
<br /> '��==� -�u.r3� indemnif�r and hcld fiarmless Lender egainst any and all claims, 2osses, . � � ---
<br /> ----���=-.`���'��- 2iab�lities, damag,es, penalties, and expenses which Lender.may dir�ctly or ,..�____ -
<br /> :t:....-;•z;;,_..
<br /> -�`;:`��"`•�'%`'� �' indire[tIv sustain or suffer resu2tsng from a breac9� of this setticri of the • �---°°--------
<br /> ��-.r -r���-_ � „
<br /> _:},��,;, ,�,L,��;: Deed of Trus� or as a �onsequence of any us�, genera�ion, manufactu�e� L�� -___
<br /> i'�� == =� stor�ge, disposal, rel�a�e or threatened release c�ccurrinc� prior to � � _-
<br /> --����>_� Grantor•s ocvnership or intAre5t in the Property, ��shexh��. ar not the same �
<br /> =_-:-��;,. ., �^�
<br /> ��...,,:
<br /> _-'_=_.�;=„_.��:,f,�.. cias or• sL�ould have deen knawn• ta GranBqr. The provisions of tt�is settion ��.^_
<br /> , of the �eed of Trust, including the obligation to indemnifyr shal! survive , � __
<br /> °�n F�� the payment of the indebt�dn2s5 and the:satisfaction artd reconveyante of� � -' -
<br /> :_��`.s�ai_,�.�_"�. ��` �r;:
<br /> � the 2ien of this Deed og Trust and shall not be affected by Lender'S ,�
<br /> ' ' � �� - �` - -- -� acquisi�.ion._o.f.,any__i.nter_�s.�_.in.._�he._Property_,�_��hether by_ foreclosctre or � .-_.
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<br /> ,� ` atheri•�ise. � i�:� _
<br /> ��� ���'�`�i��. � • --
<br /> �-�i`' " ' ' B. iligl�t of Entry. Lender, may at any t i me wi thout no t i ce to __ _
<br />. ...-�-�<.< :.•.. '.,���;r . � . • ..v."— -
<br />_,.-_ .. „
<br /> :�,-��..:---- Borro�oer, enter and inspect� or. protect the property in person or by its
<br /> -�,.,:.. ,, ; ... . � -
<br /> F.i'F.
<br /> S�IS�•�
<br />_,,;,,�,,,,..?_;,:,`:..;.":t ` ag�nt; i n an•y-inanner as rtiav b� de�med reasonable-and-necessary to protec -
<br /> �`°�'" ':' the �•alue of the praper�y. Lender may unde�take suctt repairs or • �` ��
<br /> ,�._;..• ,.,� • ..
<br /> '�'^� '`� ' . �;;.: �maintenance as it de�ms necessarti� and' th� cost shall immedia*_ely become due
<br />�`F" ± • �.� •�•�:� �' and pavable to Lender and said amourtt shall he reimbr.�r�ed in the same � __�
<br /> �A�"�`� .`'� �r'`•`"' manner as, provided for ,irisurance�and taxe5. Lender shal l not be deemed to :.
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<br /> . . .�;%���� have �yaived itg rights:�o declare defa�it under this Trust Deed for failure , ,`;,;;,��,
<br />_ •;,;rt�¢�•, ., to maintain the proper�3r 'carrec�ly eu�n though the Lender undertakes to ;•,.,�f'�
<br /> ;��� � � � � • perform such repairs 'ar�� mainte.nance. • ' � . ���`�:
<br />.��j{��f.[7i-. �,4 + ' _ '...-. . . - -�.• `�'�
<br /> `�;`4""'"( ,� �. j 9. Prot�et"on of LE�sEvr s S�curf If Hcirroveer faals �o � � ,t:
<br /> ,,,,:&.:,%. . .:`:;:ti: � . �________________-_ �• ,
<br /> • 's'%-� ';,,',;�� �'��y'� perform .the agreements conta3ned in this Trust Aeed or if any proceedings • • , �_�„
<br /> . . ��;,r� .:
<br /> � Q"�`.��•- >++��p'�, � are commenced a�hich materiall�• affect Lender's interest in the. real . . �.;8, -
<br /> �"''i;,,(r,i`�, .4 �.r�.'�k, � -''��''
<br /> ,y'.:�:�: •",•�,; , pr4perty including but nGt limit�d to eminent domain, bankruptc�, .. : a=:� ,.;-�:
<br /> `y�r',a;, '� ;:. . f'.4��
<br /> :`�'i•r,hfv`.y':...s �; ?. enforcement of statutory provisions ar foreclosure of a prior mortgag� or :�,; . .-�
<br /> :,,;,;;5�, �'�''�:::.
<br /> ' `�`r^.:. ... ' j� Trust Deed, then the Lender, a� it's option, upon such. notice ta Borrower . �.r :�. ,' �� _ ..'.,. ,.
<br /> �_,..,�,,,� s.,., � � .,.., ;,
<br /> ; : ,< as may be required by.,L�w, may make such appearance, di spoge cf svch sums � ' �����!�;•.�'
<br /> ��c �. '.;,; ; � and take any attion n����$�rv to prot.�t�* Lender's interest, including C�st �' .�s� , '�,� �. :
<br /> ,��'�� " '• � , . r ���r i�i��" �:f'����aso.^c �ile attorneys fees and entr an �to r,:. '�' �'�- ,`�
<br /> :,.�,y.•5...' • ., not �.imited to, -disbu s e . . � y . �. . •���.-�,�.�:...-.
<br /> .i4�: �
<br /> ,:;,,;.�,_%. ' .., • , '#he rea2 p�-oper�wr. In the � ��.:^�t''af any default heraunder and.i�ih.ether or ' �;, , �' ��:.':
<br /> �..,.. �. ..
<br /> �'�' '� �`•. ' ' �. •r�ot an action Z�a. 1T15�1tUt8t� tix •�r,,force this Trust Deed or the •rl�.te�, '� ��-
<br /> -=--` ' ��t.,�'' 8orrower� promise5 to pay •Eo �he••'`ender any reasonable sum for 'costs ' ♦�M�����
<br /> " '- r. •;.,>,
<br /> ,:'. F�.fx,.. • . �" '.'�(#'::
<br /> -'��~'� incurred in ood faith 4�Y Lender. The Borrower shall be 2iable to l.ender.
<br /> �s�;, ;'..' J,1 "�' 9 . .
<br /> ' ��''�'``�"' for repavment of said A�flunts together with intere5t at the hiqhest legal •• :
<br /> v�•:�.; �t,,#�,���'�, �, •
<br /> ;*t;e�; rat� not to ex�,�ed tweY►�y (2ar per cent. . .
<br />�r.. -" .� ' '),'': • . , �_ r �� . , °..
<br /> " :;s';.3`� � .
<br /> '�;;'; ��� �j�1';;;y;`a.;.; � i0. No 61aiv�r� Acceptance by Lender of any sums fr�m Borrower � . . ; :.::: .
<br /> ' ���', orr any ather person afC�s •the �ame is due shall not cnnstitute a waiver of ��t, .
<br /> � �'�' �� the rfght to re�quire fu�l pay�;,ent or to declare default. The arceptarrco by �• f�,�a�,�s,�•;
<br /> �:=r;.1�'�•'��"' . '? Lender of anyr sum in an amnu.nt. less than the sum due shal l be,de�med an , •, ,�,� .• , • . �,�`
<br /> -��� t�3,:i I .acceptance on account and shai T� not consti tute a waiver. ;t�A;:,�'�. .� ••. � •
<br /> c_ � .�� Pc. : .
<br /> ias.;�'i�r�.. -';�i � �; . . t..'i�h'�'!il;2:•
<br /> -,� . �z.i,,. ).f5��r,��
<br /> _.�r. .�r.;;.��. �t,�_�:.i �'•';�;.C':,.;�;: .
<br /> � �f F 1 . Assi�n�nE_of Rents_and_Passessiogs As add i t i ona 1 secur i ty •,; �,��Q ,`.
<br /> ii - . 1t��At�ti' ..
<br /> ,;„�. "r;'��•• for any or all of the vbligat�ons cantained in this Agre2ment, @orrocoer ��'
<br /> --j�°�''`��" `�, hereby assigns and gives a security in�erest to the l..t�nder in any or all - '��
<br /> -- ;.4-ai:._e...nt.�;i:•. . . . , .
<br /> - _�':�-�����'� • present, future, or after arising rent5 or leases in the describ�d - .
<br /> �a�€r:_ �
<br /> � ,,���. premise5. It shall not be necessary for the Lender to take actual or
<br /> =-°:��,.�,;�;;:����' constructive possession or control of the real estate or rents related � � .
<br /> =V-�"'ry''='=="�` theretv, to secure th� appofntment of a receiver ar. to �ake anv action '' . . � _
<br /> :;.;�ti_r,.��,., , . , .
<br /> -�:�._.�',�-.:.:c �� : tantamount to taking of such possession or cantrbl. Borroa,er actcnowledges . .
<br /> - ' ` ' � that this is perfe�ted upon the recording of this Deed of Trust and that . , • � ,
<br /> " �-::''' lender� i.s entitled to notify any�of Barrawer's� tenants to mai:e pati�ment �f ; �� . . � �
<br /> �'�'• `�'- � r�nts due or to b�come due to Lender. Hoa�e'ver, Lender agrees ehat only on .- .--
<br /> <;_;_;x;`«:��a��;�;. . . � . . .
<br /> - •��.•�::->_.,.:.. �fefault c•ii 11 l.ender natify Borroe•,er or Borrower s tenants and ma!<e demand
<br /> __ �� : .�_��;.:" , that al l f►.�tyre rents be paid direct2v td 4ender. On receiving the. notice • .
<br /> -°' �°�� "� �� .` � of' defaul t, Borrnwer wi 12 endorse and del i ver to Lender any pavments of " • • •
<br /> � „ _ •r�nt ir� Borroa�er's pos5ession. The Lender may enforce the 5eturitv �
<br /> ;� . :.. : �.::. .,��? ' irit�i-eSt' 3ii ��nt5 .arsd I�c75@5' iTf clTfy manner a�Iovrecf- bv'i�avs: 8arrorre► tr��I1 � -- - - .
<br /> =4� � ' "4"'` promptl: pro��ide lender wiEh •true and correct ccpias of all existing and ,
<br /> �: „ � •
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<br /> - • . •� • • � x_ � ---'.. _`
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