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<br /> 9. Naxerdou�Mit�dela.Truator ohnil kcep the Property In compllanco v�ith all appllaablm laws,ordlnanccy and repu!etlona �+�;,_,�;.:
<br /> relaNng to Induetrlal hyplene or e�vironmental protectlon(collectivo�y reforred ta hereln as"Envlronman4el Lawe"►.Tru4tor eltell rr��t°-
<br /> keep tha Properiy freo trom aU eubstances deemed to be haxerdou�or toxlc under any Envlronmenta!Lawa(calloctively reterred to ��----
<br /> ' ' hereln as"Hamrdous Matertale"►.Truator herotsywarrente and roprosenta to Lender th�t there aro no Haxardou�Meteriata on or �r rr�r._
<br /> uncler the Praperty.Truator hereby aprees to Indemnlry end hotd hermleaa Lender,lte directare,ofiicero,emptoyees and eysnte,and '"`'`
<br /> � any succeaa�ro to Londer'e Interest,lrom and e�elnat any end etl clalma,damages,loase�end IIablliqea erleing In connxtlon with --•
<br /> � � tho prcc:nco, us�,dl�po:al or tran:;�ort of any Huz�rdoua A4atcriata on,undor,from or obout tho Prop^rty,THF Ff�RF�{11tN� �"`�`-��'
<br /> WARiiANTIES AND REPRESHNTATION8,AND TRUSTOR'S OHLIQAI'IONS PURSUAN7 TO THE FOREQOINO INOEMNITY,5l1ALL �
<br /> SURbI'J�RECONVEYANCE OF THIS DEED OF TRUST.
<br /> • .. 10. Ntdlpnm�nt ol R�nt�.Trustor hereby asslgns to Lender the rente,Is9uea and proilte o1 the Property;pravldod that Trualor !!='_._
<br /> shall,untll the occurrence oi on Evont of Defeult hereunder,have!he right to coilect and retaln euch►ents,tsauea and profit�a�they —
<br /> becomo due end payablo,Upon tho occurrence o(an Event o1 Default,Lender may,elther In perepr+or by egenL with or without ---
<br /> bringing eny octton or proceeding,or by a recaEver appolnted by a court and wlthout regard to the adequacy o!its sncurlSy,enter —_
<br /> upon and take posaession of the Proparty,or any pert thareof,In Its own neme or In the name of the 7rustee,and do eny acte which It �
<br /> deems necessrtry or deslrable to preserve the value,marketeblllty or rentabllity of fhe Property,or any p�rt thereof�r Utereat Qherein, -
<br /> Increase the Income theretrom or protect the securlty hereol and,with or wlthout taking poaseaslon of the Propsrty,aue tor or
<br /> otlie►wtse colle�t tha rents,iasuea end profite thereof,Including thosa pa»t dus and unpaid,end epply the same,(ess coate end
<br /> oxpenses o1 operatlon and collectlon including attorneys'fees,upon eny Indebtednesa secured hereby,ail In such orderas Lender
<br /> , moy detormine.The entering upor and tak�ng possesslon of th�Property,the collectlon of such rento,Issuea snd profits and the —
<br /> ° appflaatlon Yhereof as aforesnid,6hali not cure ar walve eny dotault or notice of de}ault hereunder or Invefldato any aCt done in _
<br /> response to such default or pureu�ntto 9uch notice o!detault and,notwfthstending the cantinuance In posssaslon of the F�roperty or �°
<br /> the Callectfon,recefpt and applloatlon o}rents,iseue9 or pro(ite,and Trustee and Lander shall be entitled to exercl3e 0very Nght
<br /> providedforinanyoftheLosnDo�umentsorbylawuponoccurrencaofanyEventofDefeult,inciudingwithoutllmitntionthadghtlo �
<br /> exercise the power ot oale.Further,Lender's rights end�emedies under this paragraph shall be cumulative with,end in no way a
<br /> Ilmitetlon on,Lenders rights and remedtes under eny tassignment of lease�end rents recordcad against the PropeRy.Lender,Trustae
<br /> and the recefver shall be lieble to eccount only thosa rante ectuully roceived. ==
<br /> 11, Ev�n4 ot DN�uft.The followlRg shall constitute en Event ot Detault under tHfs Deed of Trust
<br /> (a) Fallure to pay nny Installment of principal or interost of any othor sum secured hereby when duo; -
<br /> • (b) A breach of or defauit under eny provislan contelned in the Note,this Qeed of Trust,any�stthe Loan Documents,orarry
<br /> other Ilen or encumbrance upon the Property; �_
<br /> (c) A�vrlt of executlon or attachment or any slmiler pzocess ahall ba entered agafnst TrustoP which ehell become e Ilen on -
<br /> the Property or any portlon thereof or interest thereln;
<br /> (d) There shall be filed by or againat Trusto�or Borrower en acUon under any presant or future federal,etate or other �;
<br /> statute,lew or reguletfon relating to bankruptcy,Insolvency or other reliet for debtora;or there shalt be eppolnted any truatee, �.
<br /> recelver or Ilquidator of Trustpr or Borrower or of ell or any part of the Property,or the rents,Isaues or proflt%4hereof,or Trust�r ��
<br /> --_=--= - or 8vrrowur ai�nii makv nny ynnnrni aaaign�nnni i�r iiin oanaiii ui creoii�r5, -=L
<br /> (e) Tha,eale,transfAr,lease,asslgnment conveyenco or(urther encumbrance of all or eny part of or any interest(n the ��--
<br /> Property,elther voluntarily or Involunterfly. without the express written co�sent of Lender,p�ovided that Trustor shall be =
<br /> permftted to execute a lease of the Property that doea not conteln an optlon to purChsse and the term ot whtch does not excaed
<br /> one year ' �-=
<br /> (f) Abandonment of the Property;or -
<br /> (g) If Trustor Is not an Individual,the issuence,sale,transfer,assignment,Conveyence or encumbrance of more then e totel =
<br /> of.r_percent of(if e corporatlon)its Isaued end outstanding stock or(if a paRnership)a total of percent of � N�-
<br /> p8rtnerahip intereate dUring the perlad thla Deed of Truat remefna e Iien on the Property.
<br /> 12. R�m�dNr,AccN�raUon Upon DNauH.In u�e event oi any Event of Dafault Lender may,without notice except es requfred by , ���
<br /> . law, declare ali Indebtedndss secured hereby to be due and payable and the same shall thereupon become due and peyable � �,� �•
<br /> wilhout eny presentment,demand,protest or notice of any kind.Thereafter Lendor may: '.
<br /> (a) Demand that Trustee exercise the POWER OF SALE granted herein,end Truatee ehall thereafter cause Truator's ,,' -
<br /> interest In the Property to be sald and tfie p�oceeda to bo dfatributed,all In the manner provided in the Nebreake Yrust Deeds .
<br /> AcZ • •
<br /> (b) Exarcise any end ell rights provlded for in any of tho Loan Documents or by law upon occurrenceof eny Evant of Default; j �
<br /> end
<br /> ' (c) Commence an actlon to foreclose th is Deed of Trust as a mortgage,eppoint a rocelver,or speciticelly entorce eny of the
<br /> covenants hereof.
<br /> No remedy hereln con}erred upon ar reserved to Trustee or Lender is intended to be exclusive of any oth�r remedy heroln,in the
<br /> Loan Oocuments or by law provided or pormitted,but each shall be cumulacive,shall be in addition to every other remedy givan i
<br /> hereundor,in the Loan Documents or now or hereafter existf ng at taw or in equity or Ny statute,and may be exercised concurcently,
<br /> ind8pendsntiy or successively. -
<br /> 13. Trustss.The Trustee may resign at any time without cause, end Londer may at any time and wfthout cause appoint a i ' �'.
<br /> succASSOr or substitute Trustee.Trustee shall not be Ilable to any party,inc�uding without Iimftation Le�dei,Borrower,Trustor or eny i
<br /> purchaser of tFte Property,for any loss or damage unless due to reckless or wiliful misconduct,and shall not bo requlred to take any '
<br /> acUon In connectlon with tho eniorcemont of this Deed of Trust unless indemnified,in writing,for all costs, compensatfon or �
<br /> expenses which may be associatod therewith.In eddition,Trustee may becomo a purchaser al any sale of the P�operty�udicfAl or
<br /> � under the power of sata granted herein�;postpone the sale of all or eny portion oi the Property,as provided by I�vr or seil the �
<br /> , . Property as e whote,or In separate parcels or lots at Truatee's discretion.
<br /> ' 14. Ftte and Expsnte�.In the event Trustee sells the Property by exercise of power oi sale,Trusteo shall be entitled to epply '
<br /> any sale proceeds flrat to payment of all costs and expenses of exorcisfng power of sale,including all Trustee's fees,and Lender's
<br /> end Trustea's attorney's feea,actually Incurred to extent permined by applicable iaw.In the event Borrower or Trustor exercises any
<br /> right provided by lew to cure en Event of Default Lender shall be ontftlod to recovor from Trustor all costs and expense9 t►ctually
<br /> Incurrod as a result of Truator's deteult,includ:ng wNhout limitation all Trustee's and attorney's tees,to the extent perm�ttod by
<br /> applicable 18w.
<br /> 15. Future Advancea.Upon request of Borrower,Lender may, at fts option,make additfonal and future advances and re-
<br /> � advancos to Borrower.Such advanceE and readvance3,with interest thereon,shall be secured by this Deed oi Trust.At no timo shall
<br /> tha princfpal amount of the Indobtedness secured by this Deod of Trus�not includfn sums advancod to protect the socurity of this
<br /> Doed ot Trust�+xceed the original principal amount stetad herefn,or���• ������• � ,whichever is greater.
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<br /> -.._.---- -�-�----. .v. m�a�:sn�tmws rrv►rstorts.
<br /> (o) Bortowlr Not Relnted.Extenslon olthe time for payment or modificat�on of amort�zat�on of the sums secured by this
<br /> , ' I Dood ot Trust granted by Lenderto any succossor In Interost o}Borrowor shall not operate to release,in any manner,tho Ifabiliry
<br /> 01 the original Borrower end Borrower's successors in interest.Lender shall not be required to commence proceedings ageinst
<br /> � suCh EuCCOSSOr or rofuse to eMOnd timo for paymont or otherwise modify amortization of the sums secured by this Deed ot Trust
<br /> �� by reaeon of nny domunds mado by tho origmul Borrowor and Borrowor's succossors in intorost.
<br /> (b) L���d�►'�Pow�re.Without aN�sCtmg Ihe liability of any other person liable for the payrnent of any obligation heroin
<br /> montioned.Ond without atlBCting the Ilen or Gherge ol this Deed ot Trust upon any portion ot the Property not then or theretofort�
<br /> • releesed es seCUrity ior the full 8mount of all unpaid obligations.Lender mey,from time to time end without not�ce 1�1 release any
<br /> � pareon so Ilablo,(if)oxtUnd tho maturiry or altOr any ot Ihe torms of any such obligtft�ons,(ni)grant othter indulgonces,(fv)release
<br /> or roCOnvoy,or cu��se to bo roloased or reconvoyod at t�ny tima at Lender's option any parcel, portion or all of tho Property.
<br /> ' � (v)tnko or rctloaso any othor ar additional securlly for any obligation horein mentioned, or(vi) make camposrtions or other
<br /> • • nrrangomonts with cie6tors In roletfon thore4o.
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