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<br />�� ,,� �`_ • ptal�er►t asr:4 tu0tre[nd�en�ob�tg�tlona at Samswer�ar ar+�f�ttRam if more lt+aca onoa co tend��vtEet'�dlreaL tMlrect �ti. � � °
<br /> - � ::, eDss�iuia ar ccn3n�+errt and w?�ether ar��ing bY sate BuaraRtY.averdre8 or oUtenatsa Yha�.Nts OaeB at Trust en4 an�<snd�1! ` r"`k}� ���.u,.
<br /> othssdt�cueMStT►�tg�CyretDallotaataUtsiwiss�xer.u4edtacenrtec�onOterewith.inciudirtgw[thauttimttaUOnguarantea�sacu�itY :
<br /> ?;� ` -' .<a��.' agreerrterns ar�ct�atgn►nenm oi teas�s snd rerrts.ehaf)be reterre0 tv AereEn es the"�oan Instrumsnm. • � � r;..,,;-`_
<br /> :: ,� �- t Trustar eovenants anQ agreea wftA Lender as fottow� • r �.� T�
<br /> 'F 1.Paysn�rtt d Se�Qne�il.All irtdebts+dttess secnred hetBIIy 8tf81!08 pald whan dtt�. ._
<br /> . , . .- �2 TiCw Trustar fs Oto ormer at trta Piageriy.has ttts tight and auNot[ty to eomrey tho Praperty.and ea�ants 4hat the i[e� ' � �� �
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<br /> ` � `"�;�.: c�e�ted tteteD y is a iirat and pdor Iten an tAe Propasty,except tor Itons and ertcumbrances sat torth by Tiustor in wdt�ng aad • •�' .� ��
<br /> � ����� , ddivere.,dtol�nQar�eforeexecutIanoftt�ISQeedofTrust,artdtheezecuGonanddettveryotthfsDeedotTrus4doasnotvletamar►yr . :'u Y4, ` ;
<br /> _ -�_,�_ �oroIItefDnliB�r*ivwnit.irTPtF�i�fio-ttb`-'` ---- • ' _— _
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<br /> - _ , . 3.Ya�cet,As�aub.To pay 6etore Qetirtquertcy ait ta�ces.�Aetiai asse3sme�an6 ati otRet Ci�argAs e3afn�t ti�a Pra�.."riY ` �
<br />� ` � '� now ar hereafter Isvteai � � , , �
<br />� . ,: • , �,. 4.[�u�rBnc�T+�keept�apvoReRylnsuredaga[nstdamagebyfire.hazardsinctudedwithintheterm"ex�endedeaverage".ead '. '
<br /> • � such o�ar haffirds as Lender may req¢iro,in amnueds and witA cnmpanies aecepmbie to Lender,namtng Lendar as an add'�fonaf ,
<br />-�' ' . ' ���;•. � : nartted instue�wfth toss payaCEe to the Lendsr.In casa a!loss unQer such policies,tt�e Lerider is authorixerd to adiust colfeet end . . � � � .`,-
<br /> � `. ,' ;' ' • oq)nyromise,allctat.�nsthereunderandshailhavetheonttonolapAryirtgailerpartoftheinsura�ceproceeda(iltoartyirtdebtedness .: •:, <'. , ;
<br />��� • _ ``. - securecl�erebyartdinsuchorderesL�►dermaydetermine.(ii)tolheTrusiortoCeusedtortherepairor�ratFon.ottheProAerty , r ,-
<br />_-�n f,,:. :. ,. or(ifqt�rarryetl�erpur�as9orab�ectsatisfaCforytoLend�rwithaut�ffectingtheltenpfttiiatl�2dolTiustfartts9tuttamounisecured : . , ;;�4•, .;.
<br /> ` '� h�reby�trtare sucR paymenf ever took Qtacs.Any epptication of praceeds n�tndeDtedness shali rtot extend or pos�one!he dua ;�. ,•;•
<br />=�..., , • .. •�` • Qate ot anY OaYmetns u�d�r thB Note.or cure a�ry Q�faui!thereunder or her8un8er. � .�? �.,;;. . .._^.,-'
<br />��""" ._ • y,F�cras lJpan writt8n de�an0 by Lender,Tnistor shaQ pay to Lsnder.in sucA manner as I.ender may designate.sufficient ��.�.<i •:�y•
<br />- ++ .- � sumaEOenaDtstendertopayastheybecomedueeneormoreottheSOliow(n�(i)alltaxes.assessrrterttsandotherchargesega�ast Y�`' ;s.'��+����:s�
<br />���� '•�..- � ttte Fro�rry, n G�s premiums an ti:a pro�erfj insurance requlred hereurtder,end pi3)the ptemiums on AnY mart$age insutartCe �� � _� x"� _;�
<br />�� requtred by Londer- s.
<br />� `•� 8. Wlatntetattc��R�paFrs and CampQam:e�Laws.Trustor shal! keep tt►a Property in good condiUon and re�22air,shal! � ` Ff j
<br /> :.�.,;,;.�. ;tr ;.� pramgttyr repair,or repface�r►y improvemern which may be damaged or Qestroyed:shaff nat commit or Rermit any w►aste or € 45j, R r` � � ``
<br /> > f��_�� Qeterfaraation of tRe Proaerty,shail nat remave,demo l i s h or su bs t a n tia l ly a t t er a r ry o f t h e i m p ro v e m e n i s o n t t�e P r o p�r i y s h a l l a o t •
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<br /> ""`xs " �Y Commi�suHerorpermitanyecttotredoneinoruponthsPropeRyinviofationofanytaw.or�inance,err�gutation;andshatlpayand �,�,r<��. L °�+� �;_
<br /> r ._` � ' `��� premptty QLscharge at YrostoPs cost and expense all iien��,encumbrances and charges tevied,imposed or assessed aga'rrist the r ��+S �4
<br /> - '` � PrOpeRY or any pari thereof. . � ` ai.r i �u%� �
<br /> � � A�1 ',_'
<br /> '�:�, �- 7. E m i n�n!O o m s i n.L e n d e r i s h e r e b y assi gned'all eo m pensatton,ewards,damages and otfler payments or rellef(hereinafter ti.t�;�;, .��
<br /> �•�;�-�,�� _ �.
<br /> ' "Preeeeds'7 in conneCGon with candemnatian or othe�ffiking of the Properiy or part thereoL or tar canveyance in f ieu o f �,�.,,.�;�, •;���."- '�
<br /> . -:: , condemnafkon. lettder shall be eaBUed at ib optlon to commenca,appear tn and prosecute in its ovm name any action or ��;;,,.,,, ,_ _
<br />�• �f~�.' e . =� proteedings,and slf�tl atso be entlHed to make any compromise or Seqlemer►t in connection with such taking ar Damag�tn the ; : ' -_ , ,.
<br /> eventany paNan a5tlfe Property ls so taken or damaged.Lender shaU Aavethe option,in its sole and absatute discretton,to appty ry .� f�•� v` ��
<br /> � a1!such P�oCeedg.after Geducting thereftom alt casb and expenses incurre�d by it i�ConnecUon with such Proa¢eds,upOn any • . r'��';
<br />_�. ;' �;.. •� ..� indebtedrtess s2cured herehy acs0 in such arder as lendar may determinet or to appty ail s+lch Proceeds,after sttch deductiana,to �. °�, �',�� �
<br /> the res4nratian.of the Property upon suc h con d i tions as Lender may determine.An y apptication of Praceeds to indehtEdness shall � '�'����
<br /> �� � � �,� c ' nat�1d8nd or pnstpane the due date ot arty payments under the Nota,or cure a�ry detault thereunder or hereunder.Am��unspplled �``{�``� '� ' '��
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<br /> <>�i'�.n��{�` �. 5:;.�r' �
<br />-�. �� ��`�':;�'�: '��'� fun da s fi a i l be p a i Q t o Tru s tor.
<br /> •r�}„, g, Pertor►r+nrtco b Lertder.U on the occu�renca of an Evant o9 Oetauit hereunder,or if an act is taken or 1 t aceedin �-`,w,'�,°• i��•l� '
<br />��, , .•�.-.�} commenc�d u►hfcix ma edally aftecvts Le►e�er's interest in the Property.LenQer may in its own disc etion.6utvrithoutobtig�on to da ���+,�',; T?T 4. �
<br /> so,an�wH�out�eiice to or Qemand upon Yrustor and without releasing Tn,stor trom any obitgaNan,do eny act whicA Trustor has , � �u;�
<br /> ( ,� ,,..-,, '43�,..'o:' ..
<br /> ti �. � apreed but failsbti do and may also do any other act it deems necessary to protect the secunry hereck Trustec shali,Immediateiy E:;,r�`<y; :i, ��
<br /> • • •'���, upon demandti�erstor by Lertder,pay to Lender all costs and expenses Incurre4 and sums expended by Lender in connection with ��%%.t`l,�• • ;�
<br />�' ' ; the exercise tsy L�der o1 the faregoing rlgbts,together with interest thereon attbe defauit rate provided in the NoUe,wtiicb shafl be � ;'''`�
<br />� ad�e� to the irtdc:�tedness secured hereby.Lender shall not incur arty liability because o1 anything it may do er omit to do u , ,.�,
<br /> hereunder. � . . . '-'%'% `
<br />��"— � ; 8. Hazardasts @Patedati.Trustor shall keepthe Property in compliance with all applicabie taur.�,crdinances and regulaUan: �_ '��.�'. �
<br /> - �'`�!:.:�. �: :. , retating to inQushlal hygiene cr ernironmental protection(collectivety retened to herein as"Environmehtal Laws"►.T�,:stor sh2:L
<br />_ '��%yic;;.':° '" � �� . keeptnePraperiytre�from2U"�tCstancesdee�nedtobeha�rdouaortoxEcunderanyEnvironmenfallaws(coltecdYet�rcterred� E �'.. ._
<br /> •' � hereln as"Hazardous Materiof;')..'�rustor�ereby warrants and represents to Lender that there are no Hatardous fet�riats on or l���'�� ,.
<br /> � ... . .:� yr''J •� . .
<br /> :�� '. �.. :�;`;�;.. under the Property.Trustoe he��r e�reesto tndemnify and hc:4 harmtess lender,its dtrectora offlcers,empiaysesana agents,and ( � � . -
<br /> any successor9 to Lender's InteresL from and a�}�:nst erry and al!ctaims,damages,tosses and IiabiliUes arising in connection witA E .�� � ' ..�::•.
<br />� •` • :' �:,,` .
<br /> : ��.• t h e p re a e n c e. u s e.d i s p osal or trans poR ci�a r y HazeMous Materiats an.ur.der,trom or about the Froperty.THE FORE(iQINO � :.•�:�s'"'��
<br /> WARRANTIES ANO REPRESENTATia(�.S;dND TRUSTOR'30BUOA7101tiS PURSUANT TO THE FOfi6G01�IG INDEMNITY,SHALL � , � � • .
<br />��•• .::��;. �, • '�� SURUNE RECaN1lEYAPICE QFF�iIS DEED OF'fRU3T. , "`t►',."`' !
<br /> -.: • ;.,[::. _:. �;::.:; ' .. .
<br /> •�:" 10.Asal�nment of Rerrt�.Trvstor hereby assigns to LenQer the rents,issues and arat:�01 tt;a Property;provfded that Truator ,E.,,- � '
<br /> .�-�.� shall,until the occurrence o1 an Even1 of 0etauit hereunde►.have the rlght to coltectand refain suc1�rentsJssues and profits as tfiey
<br />� �.: �. • ;.� '� becume due and payabia.Upon the occurrence of an Event ot Defaull,Lender may,elther in pe+�on or by�genf,witl�or withoui �•
<br />- • bringing arry actlon or proceeding,or by a recelver appolnted by a eouR and vdthout regard tv the adequacy o1 its security,enter , ��
<br /> � ��, , upon and take possetsston of the Property,or any partthereof.In its own name or irtthe name of theTrostee,and do sny acts which it � . .
<br /> s
<br /> � -� Qeem�n�es�aryordesirabfetoRreservethevatue.marketabiUryorrentabilityofthePrap°rty,oranypartthereoforinteresttherein, �
<br /> � increase tho income therefrom or protec!the securiry hareot and,vrith or vrithout teking possesslon of the Property,eue for or � � �
<br />� . • otherwisa cottect the�enb,Issue�artd proflts thereol,inctuding those past due and unpaid,and appty Ihe same,less costs and . . .
<br />- �� �� expenses ot o�eration and collectton including attorneys'tees,upon any Indebtsdness secured hareby.all in sucb order as Lendet i ,;,,...
<br /> ' • .`.��3' may det0rmine.The entering upon and fakirtg possesston oi the PropeRy,the callectlon of such rents.Issuos and profits and the , �
<br /> � �'''=;�`' appltcaUon thereof as atnresald,shall not cure or waive any defautt or notice o1 detault hereunder ar invalidatg any act done in � •,
<br /> �;.'',:•�.��.�;•,` '`-' rer�onseWSUChQeiaultorpursuanttosuchnoticeotdefaultartd.nolwithstandingtheconUnuanceinpassessionoltheProp0r4yor •
<br /> ;�+..�:>.:•� � ' �? � the coltecUon,rec8lpt and appiieaflen of rents.ISSUeS or profit8,and Trust�a end Lendev shell be entiUed to exorcise every right �.'`� ,
<br />_- ..;.w�;,�,,t. , ,
<br /> ^^` • provided fOr in eny Of the Loan Instruments or by law upon ocCUnenCeof any Event of Qe`3u1�including without IimitaUon the right f
<br />-�"�•���.'���' � •'�� to exercisathe pnwer ot sai0.Further.Lender's rlghts and remedtes unQer this paragraph shail be cumutathre with,end in no way a I 1�`
<br /> ���..•. . .
<br />�.. - ` . limitat�on on,l.endar's rlghts en0 remedies uodsranyasslgnmenl 01 teaces and renb recorCed IIgainst the Property.Lender.Trustee � .
<br /> artd the receivar shait be Babte to account onty for those renffi achialty received. M.
<br />�-� �°� ., :t��ry r �1.Evfnb at OMaWR The foitawing ahali constitute an EveM of 0e?autt under this Deed ot Trust F � .
<br /> -����-�:-�•_��� � (a)Faiture tu pay any Instat(ment of pdncipal or interest of any other sum secured herehy when due: ' �•
<br /> "+._.�;,_ ,
<br />_- , . : (b)AbreaChotordelaultunderanyprovlsloneontalnedintt�oNoto,thi90eadotTrusl.anyoltheLoanlnsVUmonts,orarry � '
<br /> '�� � t�: , other Ilen or encumhrance upon the Propertyr.
<br />;':'�:��•. . i
<br />��•. � � • (c)A writ ot execWon or attaChment ar anysimilar pracess ahat�be entered against 7rustar which shall become a tien on � .
<br />��:�:, , the ProDerty or any portlon Meteot or interest therein;
<br /> � . (d)There shall be filed by or agatarst Trusto►o►Botrower an acUOn under eny present or future toderal,State m other � � .
<br /> � �- elatute,Iaw or rogulaUOn rolaUnfl to bankruptey,insolvency or other retlef tor dobtors:or there shall be appofated eny trustee.
<br />_ ��` ,�4 :•_ receiverorllquldetarolTrustor•or6orroweroro1a11oranypartol�hePrcperry.ortherents.ISSUesorprotitstharect,orTrustor �
<br /> - - • or Borrower shatl make any generul�atgnmem tor the tienefit ot creditors: ; . .
<br /> �'� . ' ' (e)7'he sale.UElnstet,tea58.assignmenL comroyance or turthor encumbrance a!all or any paA of or any interast in the ; � , .
<br /> _ . . ., '•• �:.�.�,�:...`°..~. :...�,..,.�u�._,i..�...�,.o�•:W,te,;u,nr�t tha�xntar.a wr;»an cnnc,ont M La�nAar, arovidad that Ttustor shall h�9 ��___ , =,
<br /> permlttedtoexaautoot�soott�ePropertythatdoe9notcontalnanopUOntopurcha5sendthetermofv�hichdoo�snotexeeed ,
<br /> ono year. } . .
<br /> ,-_ �-�'_. --,_' ': .• '.' (Q Abandonmant ot t�e Property;or t
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