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<br />:„ , tekon or d�n�ped,Landev chell have the optlon in Ite eote end ebsoluto dtscrotion,t� xppty dl ouch Procsed�,dtee dnduodnp lhereirom
<br /> _.—_"�.� ;, k �H oo�U rtd rxp�ntr�{neurnd by It in ac�nnaction with auch Proeeado, upon eny indebtednee�eeeured heroby end tn�uah orQe�u _-_�-r
<br /> �'��� ` L�ndw mW d�U►mins,or to epp(y nll nuch ProcoMe,�Pta►euch doduoilam,to th��e�to►etl�n o}the Propoety upon�uch condltlnn���
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<br /> '"Tt'� '�� L�ndw m�y cf�t�rmine.My eppliu�tlon of Proceed� to indehtednere ahdl itot e�tend or po�lpone the duo d�te of eny peymente und�r
<br /> ���'�"=i:`'� lh�Not�,or cuts�ny d�fwit th�trund�r or herrundn.Any unsppli�d tund��h�il b�pwW to Tru�tor. �"��.�
<br /> --`—""`"' '� d.►wiarm�ne� 6y LMdx. Upon th�occuirnna� o} M EvMit ot Ddault horeund�r,or if �ny ret ia t�kw� or Ipd prnr.�adlnp
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<br /> __,- _.,,+� l uo;,v�i�ac:d v:iif::Si mctcr�:.'�y eifect:t LrnQ:r'o tntcrcct in thv Property,l.rnder vr�nyln ite o�vn lieorotion,but w(thoul oMii��etion to do oo, —_
<br /> -=_ - �td wkhaut hotk:�to or dsmand upon Tru�to� rnd wlthout r�i�a�Giy Tru�tor from sny abll��tion,do M1y!Ot Whldl TNI110/I1R��y�Nd
<br /> ���ri�!� 6ut f�to do Rrtd m�y�ho do�ny othM oot ii dMrn�nresn�ry to prot�ot th���curity h�wt.Truotar�haN,imm�dl�tn�y upon dMn�nd _
<br /> ,;,y;�y'�►-��_ t h�r a t o r b y l.�n d o r,p s y t o l s n d a r�fl co�ta�nd�M pantw Incurred�nd sum• ex p�nd�d by L�r►d�r in connwtlon with ths exarniee by
<br /> "�==' La►dM ol th�for�pok�p ripht�,top�the with intNwat th�rwn �t th�d�fault r�t�pravid�d in tho Noto, wh{ch �h�lt b�eddsc!to th•
<br /> �"'�� ind�btedn�ss�a.�uud hereby.L�ndar ehill not incur eny Il�biiity bse�u��of�nythfnp it m�y do or omft to tfo hxwnd�r. —
<br /> .�•� � `'" 9.Hu�rdou�M�tNI�N.Tnietor�I�ell kNp th�P�oparty in compli�nc�with ell�ppflabL I�w�,ordi�onca��nd reflul�tlom relstfnp to �
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<br /> 'y indust►I�I hygien�or snv(ronrnuntri proteotion <con�etively r�Ternd to hereki�a"Environmmtrf L�w�'1.Tnistor�hdl k�sp the Prop�fty _
<br /> �=�% - � '; (rM from�!1�ubst�ncs�d�wn�d to b�haxardou�or toxfo und�r�ny Environm�ntd l.�w� lcollrotiv�ly te}�rrod to hsnfn��'F/at�rdoue
<br />'"�". � � Mat�riah'1. Truato►hereby warnnte e�d►eprsatnts to Lender thst there ere no H�zudout M�tetl�!on or und�r th� Ptop�rty. T�u�tor
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<br /> i•. ',; "r�, � h�nby�pr�sa ta tndemni(y end hold harmle�a Under, ite direuton, o}fiaere, employeea snd epenta, and eny succsaaots to l.ender'e
<br /> ' '` `" " interNt,fram rnd�pelnet ony und ell clairn�, demepei, loeees nnd lieb�litieo arfsinp In aonnectlon with the presencs, ute,�liopoa�l or
<br />:,,;r;,+ tnnaport ot any Hnzerdoua Meteriele on,under,Irom or ebout the Property.THE POF1EUOfN(i WARHANTIES ANQ RGi'flES�NYATIONS,
<br /> � AND TRUSTOR'S OBLIC�ATIONS PURSUANT YO THE 60REQOINO INOEMNITY, SHALL SURVIVE RECpNVEYANG�OF THIS pEEO OF
<br />— '':':°`T'� 7RUST.
<br /> __ . �: ;t l a�Aw+ig�m�nt ot R�r.t�.Tructor hamby oaaiqrta to Lendat lhn rent9.Isaua�end profite of th�Property;ptovidsd thd Tru�tor sh�H,
<br /> ' until th�occurancs of�n Event oi DefK�lt hereunder,have the ripht to colleat�nd ret�in auch rsnts,i:sun and profits��they G�com�
<br /> ,,,,',.;• ;• °; dw Md p�va61�. Upon ths occurrence of en Ev�nt o}Dei�ult,Le�der m�y,eitha in pKeon or by�pe�t,with or wfthout brinpinp�ny
<br />�„1' ' aotbn or procwdin�.or by a nceivar�ppohted by �court cx�d without reperd ro the�dpu�cy of fU�scurity, ent�r u�son eed Nk�
<br /> �_ pos�s�sbn of th�Proparty, or eny part tl��rsof,Ms ite own rTane or in the nemn of the Tru�tee, end do�ny �ote which it d�ems
<br /> -,-- =� `""�+� ' n�ca�*�ry or dnirab{s to pre�ewe ths value,muk�tability o►te�tability of th�Praps�ty,�r�ny p�rt th�reof or int�ryt thaefn,ino�euo
<br /> � � th�incoms therefrom or prateot the eecurity hnreaf end, with or without tekinp posaeeelon o}the Prapsrty,nue Oor or otherwi�e coilsnt _
<br />'"'" � �' ths rent�,iesves and profit�thereof,includmp tho�e pn9t due snd unpeid,ond epply th��am�,less coste Mrd expe��e��f operetin�n snd
<br /> "� � coHeation inctudinp rttomey�'fees,upon nny indebtodnesa eecured hereby,ell in euch order�e Lendm msy det�rmine.Tha enterinp upon
<br /> � ;�� �nd t�kinp po��sssbn o}ths Wropaty, the colleotlon of such renta,ioauoa and profita end the epplicetion thereoi e��forssetd,ehall not
<br /> cut�ot waive�ny defwlt or�atice of detault hernunder or invalidate eny act done h reapome to euch def�ult or purouant to euch notice
<br /> � . - of dsfwk er�d,notwithetendinp the r.ontlnuanca in poeaesaion of the Peoperty o►the collection,receipt end eppflcation of rente,iseuea or `-�
<br /> , profit�.�nd T�ustee et�d 4endor ehell be entitlad to exeraise evory right provided fot fn any ot the Loen Instrume�te or by lew upon
<br /> ��":;� , accurrence ot�ny Event ot nefnult, tncludinp with�ut limitation tho ripht to exeraiao the power of aele. FuAhnr, Landet'e riphte snd
<br /> ' ' " — nraMliM undat th{e p�rapnph sheU be cumutetrve w�th, snd in no wsy e iKnitetion on, iandor'e riQhio nnd remodio� undvr eny
<br /> "�•`��� � stripnmmi of lea:�s e�d�ent�rncorded ey�hst the Property. Lender,Truetee+end the�eceiver ehal�be liable to eccount only for those -
<br /> � rent�actwlfy recaived. -
<br /> ��• 11.Ew�t�of D�twk.The followinp ehell con�tituto an Event of Defeult under thia Deed of Truet: -�-�—
<br />.,�,•'.�. ;.�•t,.k; Id FaGuro to pay Miy in�tellment of pdnclpal or interost ot eny other aum aecured heroby when due; —_
<br /> , •;:�:' ; (b)A br�ch of or dsfault under eny proviaion conteined in the Note,thia Qead of Truat,eny of the Loe� Inetrumente,ot eny
<br /> � ��': ; .�' other lien o►encumbv�nce upon the Property;
<br />-;��.,�;:.��;�� (c)A wrlt of sxxutlon or ettechmtmt�ir eny eimile► procesa ehsll be entered eyainnt Truetor whlch ehsll bocome a lien on the
<br /> '�""'''>"`"" Prop�Ky or s�y portlon thereof or interMt therofn; �_
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<br /> (dl There ehall be filed by or epainet Trustor or Boreower en eotion�mder any preeont or future federnl,eteto ot othe►Atntue,law
<br /> "-^`s �'�'^"� ' ot ropulatbn reletinp to bank�vptuy, i�solvenoy or othe► reliei for debtore;or thore ehell be eppointed eny ttuetoa, roceiv�+ or ��i,+
<br /> ���� "-�'��'! Uquldetc►►o}Trueta►o►Borrowe►or o}nll or eny pert of tho Porporty,o�the rento, iseues o►protite theraoi,or Trueto►ot �nrrowor +;`y'�'
<br /> � ' ' sh�l1 make any penere!eaelgnment for the benofit of ereditore; ° �
<br /> ,�;:":+ri. .•.•�-��7 �e)Yhs�al�,t►snsfer,lesee,esei9nment,conveyance or(urthor encumbrenco of ell or ony part oi or eny interest in tho P�aporty, '. ';
<br /> `�`�'�Y"''"'' `~�'� oithet volunt�rily or Involunterily,without the expross written ooneent ot Lender: provided that 1'ruetor ehall bo permittod to oxecute '
<br /> �"''�'?'''""'`` a leaee of ths Propertl�thet doee not contein en option to purchase end the term o7 which doe�not exceed ono yeer;
<br /> ;-`=?��;''-:"�!??'``.. (f1 AbMda�msnt of the Property;or �
<br /> ;�:,'4=";":.,� (q)tf Trwtor I�not en Individual,the lesu�nce, eele,trene}or,ea�ipoment, conveyence or encumbnnoe of moro than a total
<br /> .;,�y" -� �� p} ��en,,,_petoent o}(i}e cotporatlonllte iaeued end outetendinp etoek or(if e peHnerohip)e total of N/A percant ot
<br /> • ' �� p�rtnara�iy interesto durinp the perlod thle Oeed of Truet remeina a lien on cha Property.
<br /> 1 g,p�rrudiN;Acc�IM�tlon Upan D�}wR.In the eve�t of e�y Evant of Dnfeult Londer moy,without nottce except eo required by lew,
<br /> _ . � d�cl�n�;1 6nd�btadnene aeeured hereby to bo due end payeble end tho eeme ehell thareupon become due end peyeblo without eny
<br /> ��'� pnantm�ni,dsrri�nd,proteet or notice o} eny klnd. Thereefter Lender may:
<br /> � fe!�Aem�nd thet Truetee exerciee the POWER OF SALE pranted herein, end Tn�atee ehall thsreafto► oause Truetnr'o fntereet
<br /> � ' �� ��'� h�the S�operty to be sold end the pmc�ods to bo distributod,ell in the monner provided in t�e Nobreskn Tru�t Oeeds Aut;
<br /> -" ��''1'��"'� � ��" Ih0�:cerciae eny end ell riphte pravidod for in eny o�tho Lonn Inetrumente o� by law upon occurence of ony Event o} I
<br /> "".,�}�Mt� . Oefeuft:and
<br /> . .�, - lo)Commaico an aation to forootone thle Doed of Tnist ea a mortpado, apDOlnt e rccelvar,or epecifloally enforca eny ot the .,
<br />�•-• covm�nt�hereof.
<br /> �A�� No rem�dy hueln confsrred upon or reeerved to Truetee or Lender ie intended to be exalueive o} ony othor remedy herob�,in the Lonn
<br /> - • - ^ Inetrwnsnta or by I�w ptovided o►permlted,but eecfi ehell be cumulative,shell be in nddition to every other remedy givon horeundor,in
<br /> . ..' .'�i the Loanlnstrumante or now or heroafte►oxtetMp et Iaw or in equity or by etatute, and mey bo oxerciaed concurrently,independmtly o►
<br /> `. „ euccessivery.
<br /> y, :' �� 13. T�u�tN.The Trustsu m�y rwipn et�ny time without aauee,end Lender mey et eny tlme snd wlthuut oeuee eppo(nt e sucuessnr I
<br /> "•s' or suh�tltute Tru�tM.Tru�tN�hdl not b� li�bta to�nV pirty, inoludinp without limitatlon L�nder,Borrower,Truetor or eny purcheaer of
<br /> �X'.rw�r«•_�, -'M1�� th� Vroperty,far �ny los■ or demeye unlese due ta recklees or wfllful mieconduct, end ehall not be roqulrod to teko ony sotion in
<br /> ��:r•-�•`:i���.�._ca , con��etion with th�enforoanent of thie Deed oi Truet unlose(ndemnHled,in writlny,for oll coste,compeneetlon or expensee whici�may �
<br /> �?; ;:•�•ti;•'•• .;� b�wnoc��tsd therewith. In eddition, Trwtee roey become e purcheno►et eny eele of the Proparty IjudEciel m under the powor of ecle ,
<br /> -,*i"fy`�,j,�;�r-'{'� ptx�t�d hK�+nl;poetpa�e the ede ot ell or my portion of the PropeRy,ee p�ovided by lew;or se11 tho Propeny es a whole,o�m separete j
<br /> -�-r.� p�rcels or bt��t truetee's dl�eretlon. •
<br /> �"rt L'��� 14.FM��nd Bap�nsN.In the event T�uttoe ee!t�tha property by exerci�o of power of eele,Truetee ehell be ontitled to upply eny eute
<br /> -�,y�:- '- • ---- (1fpCa�Ot fROt IP pilm�Rti oi olt Voaio ena tn{ivneoa oi onotaiam{�p4trei Li ooiv.iwiJun`�Y 6n�T�ioiov e iovo.m�v �mwoi o mrv'iaieiw o - -.
<br /> � • sttonioy'�fe�r,aotu�lly Incurred to extent pe►mitted by epplicable law.In tha event Borrower or 7ruetor exeroleo�eny dpht providod by �
<br /> - 'r�"�`'������ I�w to cure�n Event o}Oaf�ult. Lender ehell be entltled 4o rocover ieom Truetor ull coete and oxpensa�notuelly incurrod aa n rosult ot
<br /> =;';;t'- .' _. ' „' Yrustur'e dt,feult.Inoludinp withaut limitot[on etl Trustee'e end etromay'a fees,to tho extent permittod by eppliwble law. ,
<br /> _ ��?`'�'y;� 16.Futur�Adv�o�e.Upon reqwst of Borrowsr,Lender msy,et ite option, meke edditlonel end future edva�oen end reedvenoo�to
<br /> `::,�...'e' ._ '��� Barmwe.Such advanaes end reedvencef�,with ntere�t thereon,shell be exvred by thie Deed of Truet. At no time ehal)the prinoipel
<br /> ' - • � '�i."� �maint o{`th�indobtednen eecured by thfe Deed ot Truet,not fncludinp eume edvanced to proteat the eocurity ot thle Deed a} Truet.
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