|
���--_ �. , . �`. ��t_ . . - � ti:. � � . - ---—
<br /> �_�'�• �..,�-, I � � `�r. , r.� - FF ' , '�` . ' ' , 'P , ' —.
<br /> � , .. G` • . t� 'r, `�C •V . . f `'�IAt.�.:•.g `N- " �4. �.Ss':�4�.�1�-�� `"`c• . F'� . ..
<br /> � • . ,` •�C��4 ` • � .< , , . . e4 � ---
<br /> ' f ,� ' � , � , p6.�9 _� =�b��88 ° , _`
<br />.. �r' ` ` .. . V� , - ' `�i i4 --�
<br /> , • , iy—.
<br /> .. ' . � .. ` '`�
<br /> . , ° �g. p� formance hy��r�ender. Qpon the accuxrence af an Event � � ?f-�:�:'
<br />- '� � . . of Default hereunder, or if any act �ia takeu or legal proceedin� . � •� `'��-`�
<br /> r � .4
<br /> :'.,4! . .. ��.�.c_i.�.
<br /> �t�. �`' � °' � cemmenced� which materially af£ects Lender's interest in the � ,` �.��<�.;�•-�
<br /> . i.. .. - �."..ci�;4.}-.q`�y..
<br /> : � ' .' Property, Lender may �n. its ovra diacretion, but without obliga- . . �� .:_ - _ _
<br /> - . . , � tion to do so, and without notice to or demand upon Truator and � ' ���`?-�°- _
<br /> � � � without releasiag Trustor f�em any obligatfon, do any act which . ' :���--�,��_�
<br /> � - - - � � .Trustor has 'a eed but fails to 3o and ma also do an otbea act •'"'�''""�
<br /> ;f �....�:
<br /> - - - -.= - ft deems ne�essagy to protect the seaurity he�eo€. �rnstQr -- � � "�-'
<br />- _ �� � � . ghall, immedfately upon decnand theregor by Lend�r, pay to 7�enc�er _Y��'`�"�_
<br /> . � � . • � . all costs and expenses incurred and suma expe2aded by Lendex in • � �""-"�_�
<br /> ._::�,:,. -----
<br /> �� � � + connection with tAe exercise by Lender �f th� .foregoi.ng rights, ��'�--y=°a""-
<br /> . . . � -_ together with interest thereon at the default rate prov�ded ia ' ��=r=_—
<br /> . .�, the Note, which sha21 be added to the indebtedness secured �`__ --- -
<br /> � hereby. Lender shall not incur any liability because of anyth:�ng . ' -_ _-- _ -
<br /> ° , , ' it may do or omit to do hereunder. ' --_ Y
<br /> - � . � �: 9. AazardoLa luiater;a?s. Trustor �hall keep the Property in , _
<br /> . r compZiance with all applicable 1awa, ordinaaces and revulations `-�'�
<br /> � � . ' . • relating to industrial hygiene or eavironraental pzot�ect�on -_
<br /> - � ; (collectively� referred to herein as "Environmental Lawa°) . Trus- _
<br /> ' tor shall keep the Property free from all subatancea deemec� to be� __.=-=
<br /> .. . . , . � . hazardaus or.toxic under any Snvironmental Laws (collect3vely -
<br /> •.. .
<br /> ---,-..--.-.•.---•-- .---.-_.._ .._.__�fe�ed��o--Tr�re�rt-��--OH�za[rdo���Ma�t�rfal�s°.).._-�-Trustor hereby . _. ,
<br /> . �. warrants and repres�aats to Lender that there are no Haaardous -
<br /> . � . . Materials on or under the Property. Trustor hereby agrees ta _
<br /> . ' ° � � ' indemnify and ha3d harmless Lender, its directore, afficere, _
<br /> ; �_:`.._�.:_.. : ,� __'_ _ ... . .. ..employees.and.agents,.. and any.�.su�cessors to Lender's inte�est, -
<br /> • �. � �. from and against any and all claims, damages. •loases and liabili- � �
<br /> , � ties arising in connection with the presence, use �disposal or ' �.�---
<br /> - � � ' • transport of an.y Hazardous Materials on, under, from or about the _ ---
<br />. .-.� .- . . Property. TF�: �FORAGOING WARRANTIBS AND RBPRESENTATION, AND = =--
<br /> • � �",`. ' fiRIISTOR'S O�LZGA`£IONS PURSIIANT TO TI� FOREGOING INDII�'II�TYTY, SHAFiL� -�
<br /> .�'rs...._
<br /> � � � � � � SIIRVIV'E RECONVSY�fNCE OF THIS DEED OF TRUST. n " —
<br /> . 10. 8��ment of Rents. Trustor hezeby assigns ta Lender , � `; __
<br /> • . . • . -�- �; the rents, . issues and profits of the� Property, provided that ` _ -
<br /> . Trustor shall, until tbe occurrence of an Event of Default her�- . �.°—
<br /> � . uader, have the right to collect and retain such rents, issues �, _--
<br /> , . � . and profita as they become due and payable. IIpon the occurrence •�.'=;�-
<br /> ' . � o� an Event of Default, JLender may, either in person or by agent, . � �.�: '`
<br /> . , _ ., � with or without bringing any action or proceeding, or by a ---r:;
<br /> � � � : � ' receiver appointed by a court and without regard to the adequacy ��,,�„�;
<br /> ' - -- _�� of its security, enter upon and take possession of the Pro�erty, "��--
<br /> '� �• . or any part thereof, in its own name or in the na�ae of the Trus- ' �� :;
<br /> � � . , tee, and do any acts which it deems neceesarlv or desiralole to ���`�•,_,:���=_
<br /> � reserve the value, marketabilit or rentabilit of the Pro ert � i�'`'
<br /> - • _ . P Y Y P Y. '��� �� - :�
<br /> , . • . � . or any part thereof, or interest therein, i.ncrease the income ° .'�.r:.;.;
<br />-- • . therefrom, or protect the security thereof, and, with or without , _..�� � '�
<br /> _ • • - taking possession of the Property, sue for, or otherwise collect. . ..�
<br />`a �: •�' � . the rents, iasues and profits thereof, including those past due � .
<br /> an d unpai d, an d app ly t he same, less costs and expenses of opera- � . �j,
<br /> .� �.• : . . � tion and collection including attorney•s fees, upon any indebted- � �� ���'
<br /> • ness secured hereby, all in such order as Lender may determine. � . _ �� ,«��
<br /> � . . �'he enterfng upon and taking possession of the Praperty, the col- � � ...
<br /> _ � lection of such reats, issues and profita and the application { .. � � � :�: �� ���
<br /> -�� ���• ,� .
<br /> _ , ,. _ thereof as aforesaid, shall not cnre. or wafve aray deEault or � � � � ,��
<br /> ^ .,J: nctice ef default hereunder or invalidate any act done in � �. ; � .
<br /> - : � response to such default• or pursuant to such nvtice of default ► '
<br /> � and, notwitII�atanding the continuance in possession of the Prop- � � ,.��
<br /> � i � . erty or the collection, seceipt and application of rents, issues � ' =4`�`
<br /> • or prafita, and 'Prustee and Lender shall be entitled to exercise -- ��-•-��
<br /> : . - every right provided for herein or by law upon occurrence oE. any t'. . ��:: �:
<br />- Event of Default, including withaut limitation the right to exer- � . �
<br /> ' '. � cise the power of eale. Further, Lender's righta and remedies F � • �t
<br />° . uader•this paragraph shall be cumulative witfi, and in no way a •. � �
<br /> limitation on, Lender�s rights and remedie� under any assignment �� . �
<br />� � , of leases and rents recarded against the Property. Lender, Trus- ; � � .
<br /> _ . - . tee and the receivex shall be 2iable to account only for thase � � � Z+ .
<br /> - rents actually received. ; . ' :
<br /> .�.
<br /> "� � `_.. , ' � ! ... .�
<br /> -�, -:-- .. --- - -
<br /> . ,...-
<br /> 3 � . .
<br /> . . . . , ,
<br /> � '. � • �. � . . . ..
<br /> . .
<br />. ,� . . , -�__w;�. . . -T. __=,.,._�_�.�......, _ . _ __ . ---_ . - ' . _
<br />
|