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<br /> _ . � , �. , �<..�� the P�apertp 3n violat3an of any l��o, ard�.nauce. o�t regRlation3 � _ � E -- -
<br />_- � and eha19. pay and promptly. df echarge at �3�rra�er s cos� and ��=-�� - ---
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<br /> - � �- � ` .� e�epense all liena, eneumbranc@s and c8arqes le�ied,,�S�mposed or � � -"-� - ------
<br />-i . ,. . a8sessed against the P�operty os �ny Parfc thereof. . • -_ _
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<br /> - ` 4 � � ' . . 6. �i.n�nt Domain.� Lendes . is her�.by asefgned all �`____ -
<br /> � . �.. � compensation, a�arda, damage� and ott�Cr paymenta or reli�f : ' • , E __—
<br /> - - thexeinafter "Pr�ceeds°} i.a� coxaaxectfon �it�a com-� -�a��.+on o� other -- _-
<br /> � � ' � . takiag af �he P�ogerty or p� thereof, or fos ca�aveyance fn Zieu === _-
<br /> � � ' � � of cond�mnation. �ender shall be ent-itled, at its optisn, tQ =: --
<br />`-< ` . . - �. : F.. . coAmnence, appear in and prasecuta in its awn name any actio�a or �-
<br />� �•`� � � .. proceedinqs, and shall alsa be entitled �o make any campromise �r �
<br /> � • ' settleatent in coanection with auch taking or damage. In t3ie.
<br /> � � , event any portion of the Preperty is so ta�cen ar damag�d, Lendes --
<br />- � � ` � shall h�ve the opt�.on, in its sole and absoaute dis�retfan, t�
<br /> -. � � apply all such Proceeds, after deducting tilereErom a19. aoste aad -
<br /> _ � � � , �� exp�nses incurred by it in connec�aoa with stach Prvaeeds. .upan �
<br /> - ' � any iad�btedness secured hereby aa� in sucb ozder� as I,ender map ,
<br /> - � � determine, or to appiy a12 sucla Proceeds, aftex s�ch dedu�ions, •
<br /> � � � to the restoration of the Propertp upoa such coadit�ons a�.�ender �
<br /> - � : � �'" � .. may d�termine. �g� application ofr L�roaeed� to ia��btedness shaZ2 � __
<br />- : . �, � .: not extend or pos��ne the dne d��: of any pay���s vndes the
<br /> •_: _. .---.-. -..._ Note, or care any c3afault therennd�r• or h�enndez. .: - -
<br />~ . . , . ; 7. Performance b Lender. gm �he event of So�ower's - _
<br /> ' : . failure �to perfoxm any o the con�mmants herein or uiaSce anp PaY- , ` -_
<br /> �. �� • �`, �'��'� - men�s required herebp, or i.f any a�t is ta�ten or legal�proceediug . ,
<br /> _ . � ;;r:.. __ .
<br /> � • co�nenced which materiall� affeats Lende�'s interegt in the �`�-�
<br /> ' Propesty, bender may in it� o4m discretfon, bnt without ��iga- � _-_ ���-_-
<br /> � �• t3on to da so,� and without notice to or demand upoa Borroh-a�, aasd '-�°��
<br /> . �—,,_::
<br /> � � ` ` wi�hout releasinq Borrawer from any ob].iqation, do any act. whic� �` =���_
<br /> . � _ • the Borro�ter ha� a�reecl but fails te do and may a.�so do suy otheg. : �;���:
<br /> � act if deems necesoary to protect the secu=ity he�reof. Borrawer � . � :�� '• •�
<br /> .. • � shall, i�diately upon deivand tiherefor by Lender, pay to Lender � . ' - '�
<br /> � � � all costs and expenses incnrred and sums expended by Le�.�Qr i.n _ �
<br /> �� = . -...� connection with the exercise by Lender of the foregoiag ri.ghts, �f �" '�
<br /> � .. . � � , together with interest thereon at the default rate provided in �-:',�. ;
<br /> � � the Note, which shall be added to the md tedness secured . : , .
<br /> � . � � °, he�eby. Lender shall not incur any liability becanse of anything �
<br /> � it may do or omit to do hereunder. � =
<br />- , v,j,.,,�.;:�
<br /> 8. Sazardous Materials. Horrower aha31 keep the �'��=s'�,
<br />- . � ;� Property in compl ance w th any and all federal, ��ate and lacal "`' �`_
<br /> ',. laws, ordinances and r�gu2ations relating to ind�:s�:ria3 hygiene . j�'•.:�,
<br /> � • or to e:av£�onmental condf.�ona on, under mr about the L�raPerty, � � �
<br /> � � .. includ�ag,� mut not litnitec� to, soil atid g�oundwater eoac��iona. . ��' { �'_
<br />� �� . • Trustor shall not use, ge��=ate, a�..*�ufactuse, store or dispose of .. _��.,;�.,. �=V=
<br />'��� ` , oa�, �nder or about the Psa�arty ar transport �o or fro� the ��� `��r..:�;..,;.
<br />- � � Property any flammable ex��msives, radfoaative materials, hazardous .: .. � . �:•#F;
<br /> ;��r � ', -- � _ wast�s, taxic substances o�c telated materials, incl.uding, without . -�
<br />- • . . limftation, any substancea defined as or included in #he defini- � � _�
<br /> • tion of "hazardous substances", �Lzazardous wastes", "hazardous � ,�,��::. .
<br /> . � �� , materials" or "taxic substances" under a.aiy agp�icable lawe, , .,�'._� � .`
<br /> '� . , , ordinances or regulatiams (collectively referred to hereinafter �� .�•�� ':;';:�.;%�
<br /> :� as "8azarc3ous Materials`°D. Horrawer her�y warrants and repre- ��� �:� .: •
<br />_ � sents to Lender that these are no Sazardoua Nlater3ala on or under � �
<br />�, � �� the Property. Borrower hereby agrees to indemnify and hol8 � � .
<br /> i`� � haamleas Lender, its directors, officers, employees and agents,
<br />--=` � � ��d any successors to Lender's interest, from and against any and � �
<br />== � �. . �. all claims, damages and iiabilitfea ariaing in connection y�ith I� . . :,;
<br />-,'��� ; � the presence, use, storage, disposal. or �ranaport o£ any Hazardoua f ' � � ;, .
<br /> = �� Mate�ials on, under, From or abont the Property, incl.uding, wfth- � ,
<br />- � � � ont lim�tation, 1a) all damagea directly or inairectly ar3ging . ,
<br /> • � : • � out of the use, generation, atarage or diapasal of Hazardous .
<br /> � . �' Material.s by Boxrower or any prior owner or operator of the •
<br /> �
<br /> �, � .. - �
<br /> j . .� . Property, an� (b) all costs of any required or necessary repair, l
<br /> � - . � � cleanup or detoxification aad �he preparation of any cloeure or j
<br /> - ` �` �. � , other r�quired plans, a�hether such action ia required or neces- i � . � � �
<br />-� 1.; � � � . sa�y prior to or followinq transfer of title to the Property, to � .
<br /> ;. , the full extent that such action ie attrfbntable, directly or ,
<br /> � indisectly, to the preaence or use, qeneration, storage, release, ; . _
<br /> ' � threatened rolease .or c�iaposal of 8azardous Materiala by any ` ,
<br /> . ; � ' person on the Proper�y prior to transfer of ti�le thereto by ! .
<br /> , i_ ..�-- - . . :._-,.
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