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<br /> ' , �ho Pr�opFx�y fra violntion o� any �.�w, ordinatic�, or roguYatfo�f� - --
<br /> �nd ehall �ay �nQ pramp�ly dine}i�xgo �� eorrawor'e aoe� aiic�
<br /> eupenae A11 lionr�, oncun�bran�oa and ch�rc�ar� tovi.o�i, impo�iod ar �
<br />'.�.�r�� � , aeseeeeli ag�ina� the PrApert� dr any part thQxenf.
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<br />. . 6. �minant Domain. 1�e�r►der is here�by aeoie�ned a�l
<br /> � aam�aen�ation, r�wnrQe, demagee rxnd other pakmants e�r rdlie�
<br /> , -- (hexe�naf�er "£�rooeed�") in aonnec�9.on with condemna�ion or othex
<br /> �aking of the Property or par� t�e�aaP, or far convayance in lieu �
<br /> oE condomnation. Lenc9er ehull be entitled, at ite op�ian, to
<br /> - commenee, appear in. and prosecute fn ita own name AnX ac�ion or _
<br /> .. proceodinge, �nd ehall a].so be en�itled to make any compram�.ae or
<br /> settlement in connection with such taking �� daniage. In the
<br /> , event any portion of the Property is so taken or damaged, Lenc�er
<br /> ` shall have tha option, in itis aole and abeolute discretion, to
<br /> , •� apply all such PxoceQala, after deducting therefrom all aosts and -
<br /> expenses incurred by it in connection with such ProceQda, upon
<br /> " �� any indebtedness securad h�xek�y and zn eueh order as Lender muy
<br /> ' determine, or ta apply all such Proceeda, af�er euch c�eduetions,
<br /> . to the restoration of the Property upon auch conditions as Lender
<br /> ma�► determino. An�► appliaation of Pxoceeda to ind�btednese shall —
<br /> •. not extend ox pastpone the due date of any paymenta under the -
<br /> • Note, or cure an�► default thereund�r or hereunder. -
<br /> 7. Performance by Lender. In the event of Horrower's
<br /> failure to perf�rm any of the cavenants herein or make any pay- -�
<br /> ments requixed hereby, or if any act is taken or Legal proceeding �
<br /> „ conunenced which materially affects Lencler's intereat in the
<br /> �• Praperty, Lender may in ite own discretion, but without obliQa- - `!-�-y,«i�.=
<br /> tion to do so, and without notice to or demand upon Borrower,+and '�jY��-�
<br /> . without releasing Borrower from any obliqation, do any act which �� '�:
<br /> the Borrower has agreed but fails to do and may also do any ofiher =
<br /> �' act it deems necessary to protect the security hereof. Borrower ��f
<br /> shall immedi.atel u on demand tlzerefor b Lender "
<br /> ► Y P y , pay to Lender ;,,:.
<br /> all costa and expensea incurred and sums expended by Lender in ��:
<br /> � •� connection with the exercise by I�ender of the foregninq rights, ' �^�r �'�!r
<br /> �' together with intereat thereon at the default rate provided in '"��'�� �� .
<br />-• the Note, which shall be added to the—indebtednesa secured '"�
<br /> hereby. Lender shall not incur any liability because of anything � ��
<br /> 3� may do or omit tia do hereunder. �µ
<br /> f.���.
<br /> 8. Hazardous Materials. Borrower. shall keep the ' ' -����
<br /> ' ',f�� .. .h
<br /> Property in compl ance with any and all fede�al, state and local +�:
<br />_ .. laws, ordinanaes and regulations relating to industrial hygiene , �x ��
<br /> or to environmental conditions on, under or about the Property, s,..,, ;�,
<br />_ including, but not limited to, soi.l and groundwater conditions. , ;�: ;
<br /> Trustor shall not use, generate, manufacture, stor� or dispose of � � � �.
<br />_ ., � on, under ar about the Property or transport to or fram the I�,. �:`'.��;;
<br /> : � " Property any flammable explosives , rac3ioactive materials, hazardous i' ��'� ;; •�r.�'
<br /> - wastes, toxic substances or related materials, including, without i
<br /> limitation, any substances defined as or irnaluded in the defini- i � r �
<br /> � i
<br /> , ' ,;� tion of "hazardous substances", "hazardous wastes", "hazardous � � �
<br /> materials" or "tox�c subatances" under any applicable laws, ��
<br /> ordinancea ox regulations (collectively referred ta hereinafter
<br /> � as "Hazardous Materials") . Borrower hereby warrants and repre- '`-
<br /> . sents to Lender that tFiere are no Hazardous Materials on or under . .
<br /> - the Property. Bnrrower hereby agrees to indemnify and hold
<br /> harmless Lender, its directors, offic�rs, �mployees and agents, �',
<br /> and any successors to Lender's intexes�, frr�m and against any and
<br /> all clafms, damages and liabili�ies arising in connection with �,
<br /> . the presence, use, atorag�� disposal or transport of any HazardouQ � .�,
<br /> Materia�s en, under, from or about the Property, includfng, with- - �;
<br />_. � _ , .. ou� ].im3tation, Ea) all darnages directly or indirectiv arisinv _ _..i
<br /> _ _ _ _ -- -
<br /> = out of the use, gener�tion� stor age or disposal o£ Nazardous
<br /> Materiula by �orrower or any prior otirner or operator of the �'"
<br /> ' Property, and (b) all coets of any required or necessary repair, °��
<br /> �. cleanup or detox ification and the preparation of any closure or �
<br /> :x other requir�d plans, wltether such action is required or neces- i � ,
<br /> .1 sary prior to dr followinq transf�r of title L•o the Property, to '
<br /> • �, ths full extent that such ac�ion is attributable, directly or
<br /> : indirectly, to the presence or use, generation, storage, release,
<br /> threatened rel�ase or disposal of Hazardous Materials by any �
<br />' � person an the Property prior to transfer of title thereto by '
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