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<br /> , � �, F��nr7�gL¢�F�G:�iJu:a.7ruotor ohull lsc:p tho Prap�ry 1�conepllanco��Itii NI n�ullcebto I^��o,or�lnr.nc��cnc�rc�ul^:tl�n9 _ --
<br /> retAtlnp to Induetrlol hyplano or onvironmonte,l pratscilan (collectivaly roferred 4q horeln p�"knvlranmontzl l.aw�").Yru�tor ehall
<br /> keep tho Property tr�e from t�ll eubatnncea dcemed to(oe h�terdous at toxlo undar any Envlron�nentel I.awa(cnlisct{vely va!errec!to � �V
<br /> � Nerain ao"Fiaaardoua Materlala")•Tru�tor heret��wArrAnt�ond repratsents to Lt3ndar thai thero are no Naxertfoue Mr►!erl�la on ar ____
<br /> � undar the Praperry.Truotor hereby apreaa to Indemnity and hotd h�rrtnless Lender,Ita directoro,ofllcerA,emptoyeas rnd ep�nU,and
<br /> �ny eccceaaora tu Londur'o Intr�re�t,lrurn�nd«aninat any and a�ll claima,damnpe9,Ioa�Qa and Ile�bllitles erletng in ca�nRCtlon with �_
<br /> the preaence,ute,dlep4at�l or trene{rort ot any Hazardoue PAetede�lo on,undae,tro��i or about ih�t�ro�:,fy.7{9��Q.^,E�O:"'� �--
<br /> WARRANTIE9 AND HEPpESENTA710N9,AND TRUSTOH'906l.IQATION9 PUHSUANTTO TH�FnRE�OlNQ iNDEMNITY,SHALL
<br /> °�� SURViV�R�CQNVEYANCE OF TH19 DEGD OF YRUST.
<br /> „ �� •� ., 10. A�tl�nmwtt�ol R�nta.Trustor hereby eaelpns to Lender Ihe �ente,Iseues and proflte Af the Properry;provlded thet Truator
<br /> ehelf,untii tha oacurronce o1 en Evenl ot Oeteult hereunder,heve Ihe�Ight to collecl nnd retaln vuch ren�a,leiue��nd proilb��thoy
<br /> • „ bacome due end payable.Upon the ocourrence o1 en Ev�nt ot Detault,Len�er may,eltt►er In pereon or by ayent,witA or without
<br /> bringing any actlon or proceodinq,or by e recelver e�ppoloted by a coun and without reflard to 7he adaquacy o11ts t�ecurlry.�nta
<br /> " � upon and take poaseaeton of the Property,or eny part thereo},In Its own namQ or fn tho nnma of the Trustc�,end do eny�a4�which it �,-
<br /> deema necassary or dealrabte to preserve the vatuo,marketeblliry or ren4ablltty uf the Property,or any part thereo}or Intsre�t thweln,
<br /> increase the Income theretrom or protoet the aecurlty hereo} and, wlth or wlthout taklreg poseeaalon o!the f�roperty,eus for ar
<br /> otherwise collect the rente,issues and prollta theraof,Including thoae past due end unpafd,and nppty the same,(�as coaU and
<br /> expenses oi operatlon and collectlon t��uludlnp attorneyn'tees,upon�ny Inde6tedness secured hereby,all In such ordar ae Lender
<br /> ' may dotermine.The sntoring upo�end teking poesesslon of the Proporty,the coilectlon ot Buch rent8,Iseuea end protita end the
<br /> applica[lon tt�ereoi ae ntor�seld,shell not cure or welve eny dalaul4 or notice o1 datsutt hereunder or Invalidate any act dan�In
<br /> �� response,o�uch default or pursuent to such notico ot default and,notwlthstandlnp tha cnntinuance In posaetslon of Si�e Property a
<br /> the collectton,rer,eipt and npplfcatlo�09 rants,Iseuea or proN4o,nnd Tru:,tcs ond Lend�r shall bs enUiled to exarclae evAn,rv rigtit �
<br /> provided for in any ot the Loan Documente or by law upon accurrenco of any Event of Detault,including without Ilmltatlun 1he rb!►tto
<br /> exerCise the powor o}sale.Fu�ther,Lender's rfphts end remediee unde�this paragraph shall be cumutative with,end In no way a
<br /> Ilmitation on,Lendara righte and remedies under any assignmentof lenses and rents recorded agefnstthe Property.Lender,Truatee
<br /> " and the receiver shail be Ileble to eccount onty thoso rents actually�eceived.
<br /> 11. E��nt�ol0tlautt.The following shail aoestitute an Evc+nt of Default under thia Deed of TnisC
<br /> . (a) Falluro to pay any Instellment of princlpal or interest of any other oum secured hereby when du9;
<br /> (b) A breach of ordefauit under any provislon co�tafned In the N�ote,thlE Deed oi Yrust,any otthe Loan Documenta,or eny
<br /> other Ilen or encumbrance upon the Property:
<br /> , (c) A writ o?oxecutlon or attachment or eny slml lar procecs shall ba entered agalnet Tn�etor whtch shall become a lle�on
<br /> the Property or eny portlon thereof or Interest thereln;
<br /> (d) There ehall be flled by or agalnst Truator or Borrower nn action under any present or tuture federal,state or other
<br /> atatute,law or regulatlon releting to bankruptayi,insolvency or other relief for debtars;or there shv.11 be eppolnted any trustee,
<br /> --- - -- rsa�lser r,r l:Guldstar o+.Tr��st^!^S a^!f^4!�9r�r nf a!I o�f�ny OflR O�U18 PIODB�V.or the rents,lasues or proflts thoreof,or rustor
<br /> � or Borrower ahail meke any general esslgnment for the benefit ot creditors;
<br /> (e) The,sale,transfer,legse,aseignment,conveyanco or further oncumbrance of all or any part ot or any IntereRt In tha
<br /> , Property,elther volunterlly or Involuntfiriiy, withaut the express written consent of Lender; provlded that Trustor shall b9
<br /> permitted to exeCUta a lease of tho Pmperty thet does not cantain an option to purchase and the term of whtch does not exCeed =_—
<br /> ., • ona year,' �c`.
<br /> (� Abandonment of the Property;or �k'-
<br /> � (g) If Trustor is not an individual,the Isauance,sale,transfer,assignment,conveyance or encumbrance oi more than a tota! =-
<br /> of.�_percent of(ii a corporatlon)Its Issued and outstaryding stock or(If a partnerahip)a totel of percent of - ;
<br /> p8rtnershlp Interests during the perlod this Deed of Trust remafns a Ilen on the Property. _
<br /> 12. R�rtf�dla;AccNtration Upon D�fault.In the event of any Hvent ot Defauit Lc�nder may,without notico except es requlred by ,
<br /> �" law,declare all indebtedness secured hereby to be due snd payable and the same shali thereupon become due and paynble
<br /> without any presentment,domand,protest or notice of any kind.Thereafter Lender may:
<br /> (a) Demend that Truatee exercise the POWER OF SALE granted hereln, and Trustee �hall thereatter cause Trustor's
<br /> Intereat In the Property to be sold and the proceeds to be dlstributed,Ail in the manner provicled In the IVebrnsfce Truat Daeds
<br /> Ac�
<br /> � (b) Exercise any and ell rights provided for fn any of the Loan Documents or by Iaw upon occurrence of eny Event o}Detault;
<br /> ' ..: �;� and
<br /> •. (c) Commence en ection to forectose thla Deed olTrustea a mortgage,appolnt a receiver,or apeclficalty eniorce eny of the .
<br /> covenante herooi.
<br /> No remedy horeln�onferred upon or reservod to Trustee or Lender is intc�nded to bo exclusive of any other remedy horoin,In the
<br /> Loan Documente or by IAw provided or permitted,but each shflll be cumulative,shall be In addition to every other remedy given
<br /> �� hereunder,in the Loan Documents or now or hereafter ex isting at law or In equfty or by atatute,end may be exerci3ed concurrently,
<br /> ; Indepondontiy or succesalvety.
<br /> � 13. Trueles.Thc�Trustee may resign at any time without cause,and Lsnder may at any time and without cause appoint a
<br /> successor or substitute Trus;ee.Trustee ehall not be Ilabieto snyparty,fnclutling without Ilmltatlon Lender,Borrov�er,Truator or any
<br /> � , purchaser of tFte Property,for eny loss or demage unloas due to reckless or wlllful misconduat,and shall not ue requfred to take any I
<br /> actlon in connectlon with the er.}orcement of this Deod of 7rust unloss indemnifiod, in writing,for al!costs,compensation or I
<br /> ' , expenses whlch may be easoclated therewith.In additlon,Trustee mey become s purchaser nt any sale of the Property Qudicial or �
<br /> � � • und�r the power oi sale granted hereln);postpone the sale of all or any portion of the Property,as provided by law;or sell tho
<br /> Property as a whole,or in seperete percels or lots at Trustee's discretion.
<br /> 14. FN�and Expentes.In the event Trustee seils the Proporty by exerclae of power of sale,Trustoe shail be entitled to apply j
<br /> any sale procoeds first to payment of all costs and expenses of exerclsinp power oi saio,Including all Trustee's feea,and Lender's �
<br /> " and Truetc►e's at4orney's(ees,actually Incurred to extent permittad by applicable law.ln the event Borrower or Trus4or exerclses any i•�
<br /> � rlght provlded by law to curo en Event of Detault,Lender ahall be entitled to recover lrom Trustor all costs and oxpenses actually
<br /> Incurred es a result of Trustor's default, including without Iimlletlon ali Trusteee and attorney's fees,to the extent permitted by
<br /> eppllcable law.
<br /> • 15. Futun Advanc��. Upon request of Borrower, Lender may,at its option, make additlonal and future advances and re- ,
<br /> �� advences to Borrower.Such advance�and readvancos,with Interost thereon,shall be secured by this Deed of Trust.At no time shall
<br /> " the princlpal amount of the fndebtednoss secured by this Dead ot Trust,no��ic���ms advancod to protect the security of thfs
<br /> .-- . .._ . ^--�_��_._� �....�..d a.�...�..�..e�...�....I..nl emn�mf clufarl hnidn nr.P. � whlchover is areater. _
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<br /> 16. Misc�llantow Provblom. .-...__...-----••-•-..• - - -- - -
<br /> � (a) Borrowel NOt Releesad.[xtenslon of tho time for payment or modification of amortizatlon of ifie sums 3ecured by this
<br /> . Deed of Trust granted by Lender to any succeasor in intetestof Borrower shall not operate to reiease,in any manner,the Ilabiliry
<br /> ot tho origlnal Borrowor and Borrower's successors in Interest. I.ender shell not be required to commence proceedings agalnst
<br /> � such succe9sor or refu�e to extend time for payment or othenvise modify emortizatlo�of the 3ums socured by this Dead o1 T�ust
<br /> �� by reason ot eny demanda made by the originnl Borrower and Borrower's successors In interest.
<br /> ' (b) L�nd�r'�Pow�».Without ef(ocSing the Ilabllity of any other porson ilable(er the payment ot any obligation hvrein
<br /> mentionod,and without afiecting the Ilen or charge of this Deed of Trust upon eny portfon of the Property not then or theretotare
<br /> � rolonoed as security for 4he tull emount o}all unpald abllgations,Lander may.lrom tfrne to tfine and without notice(f)releasa eny
<br /> ,. F , person so Iluble.(II)oxtend tho maturity or altor any ot the torms ol any such obligadons.(ifl)grant other indulgonces,(iv)rolease
<br /> + or raconvey,or ceu6e to be releaavd or reconveyed at any tf rne at Lender's option any parcel,portion or oll 01 tho Properly.
<br /> t (v)fako or rolaaso nny olher or addittonpl eecurity for any obllgation hereln mentioned,or(vi)make compositions or other
<br /> � � ortangemonts wlth dobtore In relatlon thereto. �+' .
<br /> Id: � .
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