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<br /> - . 1eRdert�pr�ctmassaurityqlt��Ho�t�)ttzsQSrrorman�aotaucavenanffisn�egre�mam�ottnumraeatoru��are�►:cncoE�f� � _ —_ -_
<br /> � �Sr�,t at►d tu�jr�t���edatg�s end o�itgetlons af Borrawer(or any of tyem it rrtara thar�anay tb i.ead�iKiie�er dfre�t indIrec� r�� �__
<br /> '�` aDS�tute or canttst�es�tand wt�e�r�riein�6y�at�q�tsranE�►.avertraft or athemisq�ft�lY�.tM��s�#Tnsst a�S�y sr.�e'.! �,,--_ -_ -
<br /> , aitEer�GUartStBfalalcurstt�9�ta*earntJt�ntJlsebxecutedtnconrteciionthere�e+ith.tnciudirtgwi•.tfoutttmitatIon��ar�nt�Ee�urity, �t �c��
<br /> _� , eflr�emente and asatgnmeMS af tsase�and rer�.shstl De re�tene�ta fierein as tha"I.oan�ns�rument�: `�'�� V..;� _ -
<br /> . Ttu�LOr co�ianang as�8 aprees,wtfh�.enQer as toltowx �
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<br /> � � g,6yy��l�All InQsbiedrtas3secur�d here�y sA211 be paid whan dua ' • ��n 4�_:_
<br /> . 2 Tfi�Ti�stesr ta the awner ot t�e PraperSyt.h&g Stte HgNt and&uthurity to comrey!fie�ro08Ry.and warrants that fhe lien . ,a :.
<br />:�-�`. G r e 8 L C 0 h e t e b y[s a fl r a t a t t d pdor.ttan on the Pra�e i t y.e�ccept tar Itei�s and eneumhrertces set forth hy Trustor tn writirtg ertd ., "�;;x'�:�=;:.�,
<br />=4_; Q8Siv8tedtpLertdtlstsetoteexeCUt3onoitht9Qe�ofTratstandtheexeCUttaoBaddeilveryafihfs�880otTnlatdoesnoiv:ota4eany !G ., '�` �� _
<br /> cottVtdCt Cr o4ter obi'gaffon to vrtttctr TtttaEflo[s eubjeci '� . .-T:-�:..`•�. ',^ �
<br /> g,T�,�To pay betore dPlinqttency att taxes,special asssssmams artd a(1 othEr tfiarg�s egainst itte Properay
<br />'-•.�,,� ncar or hereat�r IevteQ. ' . . y.�� :`.
<br />_�� 4,Ie��a�t Tokeepthe.Pro�4rryinDUredegainsOdamdgeC�tfir�hazarQstnciudedwit�int�►etsrm"extende�daavsraS�".a� .. � G i
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<br />'__�.� such atAar hatar6s es LenCer may requirer in ameunb end xritA compante�ecceptabte to 1.ender,namtng Lender 8s ef�edQiUorrai f
<br /> rtamed insucad.+�itA:fo�a p��a,C19�to 4he L$nBer.[n cass ot loss under auch pottcies�the Lender is aumar(zed to adj,is�collectertd� `
<br />�.�� campromise�.attcta[mnthctre+mderands4�allhavetheoAticnatapPiyinga0orpariottheirtQUranceproceedsU)tAanytnded�n�s • � �' .s
<br /> __� se�vredhere�y►an�tn.auchord:resL,endermayQetermine.(ii}tofheTrustortabc3usedtortherepatrorrasi�amUanAftteeProperry �•�� �
<br />-:�•� ar(iii�torar►yathespur�r8eoroDJec46atlsfaciorytoLenderwitttoutaHectinglhbltenafthisQeedot'fhistfo�N�ertaft�rnc�mt� '� ". ,::. •f;:"�, :
<br /> 3� hereby before sucA payrrtern ever taak ptaca Any►8pplfcation of proceeds to indebtedness shall not ex0end Cr pos*.pone the d�te s • �`^ • .
<br /> ,-.: Gate ot any�pal►menis unQer fhe Note,or cure arry ctetaWt thereur�der or hareurtder. `;;c,�'j� °r�"�' `" "
<br />_�.� S.�v Slpote written detnand by LBnQer Trustor ahatl pay Lo Lender.in sucA manner as lender may design�.sufticiert � ��H , :�•'_�x-`s-=.
<br /> aum�toenableLendsrtopayastAaybecomeduecneormoreofthefatlowing(iyelltaices.assessmentsandatharchargesagairtst }`j���'� :�s xr �
<br /> the propgrty.{ii�the pCemiums on the propeRy insurance�quired hereurtdar,and(ii�trie premtuma on arry mortgage insurartce t"�`sr .°��s ,,�
<br /> = reqaired by Lender. `''*�,'`. ..'% '•�t�;�._b�
<br /> �:� g,�f�q�cf.R�atn a�M Comp1lanc�with LaWa.Trustor shatl keep the Proper[y in gaod condiGOn and�epalr:slralE `%��.t�: ° *,- --m..��-
<br /> promptiy teQstr.ot repia�e a�y ir►�pravantt:n!�vhtch may bs damageA or destrayed:shall not commit or pem►it erry waste or - 4Fyrs�� 4`�`:;:�.w"`�,•'
<br />,y�, .:._ - ---, .
<br /> de�ctoraaton oi the Propecry;stiali rtot remova.demotish or su6star�iatty aiter sny o!the improvements on ths Prnperty,stralt rtat :-��..;-�_.:
<br />_'�:.�� coasmit suPferor parmitany act to beCone in or upon the Property in viotatton o!any law,ardinanca,or regutation;anA shall payartd . � :�'���;-�
<br /> prampUy disCharge at Trusio�s cost and expense ali qens.ertcumbrsrtces and cAarges lsvied.impased or��essed against tlte
<br /> '; prpp@Ay o►ARy pert th8T20L � ... 2•`.-°r-�
<br /> 7.EmkHnt Qamain.Lertder is heceby asstgned all compensation,awards,damages and otriar payme�s w reltaf(herein�fter ��� '
<br />-°°��� "p�oGeads'�t�cannectton�v� condemnadan ar other taking oi the Properry or pari trtereof,or br comreyance in lieu of '�`�
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<br />��. � : condemnatlon.!en?ter shalt be en�ed at its opflon tu Cammence,appear in artd piosecute�n its awn name arry ection a► .�'---.:---_ --
<br />- proceedings,and shail atso be ectititled to make any compramise or settfoment�rt connection with such taking ar damaq�!n tlee
<br /> - 6vemany portlaT of tAe Properiy i9 so taken ar damaged,Lender shatl havethe option,in its sote and absolute discretion.tc apptg
<br />' ail sueh ProceEds,after deductlng therefmm all costs and expenses incurred by it in connection with s�tb Froceeds.upon ertgr �• #-�
<br /> � inQebtedrtesssecuredhere'byandinsuchorQeras.lendermaydetennine.ortoapptysilsuchProceed�aftersuchdeductian�ta+ �f `$`
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<br /> �;• the restoratlon of the Property upon sucfi condiUons as dender may determine.Any appfica�on o!ProcEeds to inde�nes9 straft
<br /> not extertd or postpone t�e d�date of any payments under the Hota�or cure any defautt thereunder or hereunder.l�csSD unappited �°����'
<br /> �'•`. tunds shall be pafd M Trustor. � �,�,���
<br /> � 8.P�dormsnq by L+Mater.Upan the occurrence o!an Event ot Defauit her�eunde►,or if any act i�taken or leg�!�roceedirre '�:;�` .�
<br /> �'•� •< commeneed�rhichmateria(tyaflects4ender'sinterest(ntheProperty.Ler:dermayinitsowndtscretian,butwithoutobtigationtodrs �, ,•• �
<br />�;; �� sv.and without natice tu or aemartd upan Trustor and without releasing Trustor irom any obtigation,do any aet which Tnrstor h� : �F�o-�
<br /> > � agr�but faits to do artd may also do any other act it deema necessary to proteCt the security hereoi.Trustor shall.tmmedlately .,�,,�:,
<br /> � ` � upon Eemand thereforby LQnder.payto Lender ell costs an�expenses incuRad and sums expended by Lender in connectionwith
<br />:'� �� theex8tcisebyLenderotthetoregoingrights,togetherwithinterestthereonatthedefautlrateprovidedinthaNOte,whichshalitr9 � , ,: �
<br />��- ' added to the indebtedness secured hereby. Lender shsil not incur any lia6ility because of anythiag it may do or omR to do , � '- -
<br /> .:r�,.
<br /> hereunder. '�`��4
<br /> '�;,;.; �.- �-
<br /> � . 8.Ha�rQarts M�t�rials.'frustor ahatl[c�the PropeRy in compiiance witb aIl appllcabte taws,cr.linances and regulaUons :i���*�
<br />;`�,�• retating to induslrial hygiene or environmen�t pratecdon(coltectivety refeneQ to herein es"Enviran-erttal Laws'�.Trustor shall , :
<br /> -- kespthQ Properryfreefrom ali sudstartces deemed to be h�.zardous or taxic undor any Emrironmen�l i.aws ico!�efy�eferred to . ::
<br /> herein as"Hazard0ua Materi2!3'j.Trustor hereby warrar�rnd represents to Lender that there are no Haarerdcus IY�:edals on or � •:y:•
<br /> undertheProperty.Tr�siorh8rebyagreestvir.�emnity�n0holdharmlessLender,itsdirectors.of8cers�emptayeesstsr�sgeMS,artd � ` *' : '
<br /> any successo�trs LendePs interest tram ar.C2gainst any and afl cfaims,damages,tosses and liabilitic-s misir.g in�rrrectfon wisr. , .
<br /> s ' - ,.:•
<br /> - the presenc�u.;�dlsDosal or transpoR ct�any Ftazerdoua Meterlals on,under,trom or about the Pru�grty.THE FOHE(301t�1� . • ' � � � •
<br />-- WARHANTfESAi�iDREPRESENTAT[ONS,ANDTRUSTOA'SOBUtiAT10NSPURBUANTTOT1iEFOREt301N(iiNDEMI�ifTY.SHAZL + � i
<br />� SURVNE AECONYEYANCE OF TH(S P�EED OF TFIUSY. ����" ' �.
<br /> {,� 10. Asf{Qnmenl of R�rsb.Trustor hereby asslgns to LenQer thg renb,issues and profita of the Propertyr,prcvided that Truator � • � �
<br /> *�� shail,untiithe oCCUrrence oian Evantof Oetault hereunder,have the rlgh!to coliect and retaln such renta.issues and profits astheyr - . , ,
<br />�.:�`r° become due and payabte.Upon tfie occu��r.+�e of an Event of Oefaul�Lender may,eitAer In parson or by agenL wlth or without •�
<br /> :'.,.,.'.
<br /> ���i� bflnging any�tinn or proceeding,or by a�.aceiver appo3nted by a court and wltAout regard to the adequaCy o1 its securiry,enter . ' .�`t�:
<br /> ,�� u�on8ndtskc-��assesslanotthePruportq,c�¢.�yrpanthereof,initaownnameorinthenameottheTrustee,artddoartyactswhichit , .
<br />' �-i:� c�zurts rtecessary or desirebteto preservethe vah,e,marketabitity or rentability of the PrapQrty.ar any paR Nereotoi�nterestthereln, � .
<br /> =° �.t�se the income there8��r protect tAe seturity�creoi and,with or without t�icg Possession o!Ne PreW�rc!,/,sue for o� , ,
<br />"�' o�R2rxl•"Se Ca!!e;t the rentS.i�.uasand proEi9 thereof,ir.�'uding tnose past due and:,.�.e:d.and appiy the sam�(RU�casta aP�d
<br /> ti�'� expensesata�;ztr�tlonandcoi:ecUoninct�Qirtgattomeyslees,uponanytndebtedness:.�redhere{�.allinouchc�derasLertdisr • ,
<br />- • m3y deiemLnr�.i�he entering upon and tz.k�:g possession ot the Proa�,r.tie collecC�n ci such rc�nu��sues and proflts and t�ict .
<br />_:a�� aypllcaUan�,,vrr�.wt as ateresald.shall notcure or wafve any datauft c�rmr:ce oi detac'�her�ur.CCf:�cc�sve:ld2te any act dorte�tn � . � .
<br /> re�wnso to such default or pursuantto auch notica of detautt and,norivithstandingthe c�,:.ir:c:ance i:,�csses:ii:r�csfi:a P►operty or ,
<br />"=.y ChD cottecdon,receipt and ay,;:�aUOn af rents,fssues ar�sa'ib,end Trustoa end Le.^.:ee stfatl be enriUed t0 e�:cise every rlght ���;•: .
<br />-�.� �•:��:dedtorinanyoftheloa�ecnsuumenL�otbylawu�cnv�cuRenceotanyEventofQetaul�Inciudis�gwit�outttmir��lonthedght . • •
<br />,.�;� to eaerctss�:o powerot sale.FuMer,Len��s rights art3 remedies under thla paragraph shall be cs:cr:utative with,end in noway a
<br />:;�, Iimil�EOn c�.�aQera rights ana remedles uir�ar any assigrtment ot leases and ronls recorded agatnstt�.e PropeRy.Lender.Trustee
<br /> _= a r.�E t t e f e c e:�a r s h a l l b e l i a b l e t o a c c o unt ont y tor these ren4s aetuait y raceived. . .
<br />—�:a • 11. ErsrtU a9 DNauH.The foitowing ahail constitutu�n 5vent ot Defautt under thta�eed of Trust �
<br /> ;���: (a)Fallure to pay 8ny Inst811rr�eM o!principal cr interest of any ather sum seCUreO hereby when due: . . .
<br /> (b)A br6ach ot or defautt under any provision contained In the Note,this Oeed of 7rust,any ot the Loan tnstruments,or arry .
<br /> -` othor lien or encumbrance upon the Property; '
<br /> - (c)A w�it of execuUon or attaehmeAt ot nny stmilar process Shall be entered against Tru3tor whiCh sha11 beCOme a tien on . .
<br /> ?' tho Property or eny poNan thorool a Interest therein: ' , • •
<br />-��k , (d)There shati be fi�ed by or agalnst Trustor or Borrower an ectton under any present or futuro feaeral,state or other •
<br /> �� 4 atatut9,law or reguta8on retaunp to bgnkrupicy.inooivertcy or othe►retiet for debtors•.ar there shafl be ep�aiMOCf any trustea, •.
<br /> -_ receiver o�IlQuldator olTrustor or Botrowar or o!nil or any paRO1 the PropeRy,or t9�o rents,issi�asm profitsNUreo1,or7rustor . •
<br />!_-s�•:� or Borrower ahall make ar►y gensral assfgnment tor the deneflt o1 creditore: . � .
<br /> {e)Tho safe,trar+sier,feass,assignmen�Conveyance or twther encumbrIInae ot att or any paR of or any tnterest in the •
<br />:_ j:: DropsRy,either.votunt�rity or invotunterity,witt�out the expresa writtan consent of Lender,provtded that Tiustor shtNl ba . :
<br /> permittadtooxecut9aleass olthePrOpertyFthatdoesnotcontainenoptioatopurchaseandthetermotuvhtchCoe9notexceed .
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