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<br /> �e C�'„'c�'S•,J�, " V + 41B ,Secure�Debt A gmod faith belief by Leader that �",�.���.;
<br /> ` � exeart2d�nr tite purpase.ad ccea��sec�g�8���� , F
<br /> ` ` �'�� � ` Leader at any time is insec�e wit�resp�t to suy peison or eaaty obtigated an st�Secured Debt or that the pmspect .F� -
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<br /> � ,°` �.�. � of enY Pa�ment ar thc walue of 1he F�perty is impair+ed sh�aLso oanst�tute an event of defau(t. r r ;
<br /> x°`--'--� . . 15. E�Ii+�DIES ON OP.�Ai11�'�.ln some instanaes.fede�al a�d state law wt�l require Le n d er to provi d e G r a n t o r w i t h � ,�-
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<br /> -. _ - � - �atice of the�ht ta+�me�or other no�oes and may esta6lish time schedutes for forectosure actians.Subject to these .. _
<br /> . `" ;�z limications.if any,Lender may acoelerate the Secure�UeM and foxrclu�� ti�s Security Instrivaeat fQ a inanner �:. �
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<br /> :.-t ' pravtded'bylac�if(313nttlTiShldef8ul�. � °'
<br /> }�; At the option of l.ender.a11 or any part of the agrecci fees and diarges.acaaed interest and psinapal sha11 beoome ' t :
<br /> ° imrae�tely due aud payable,after @vmg notice if required by law.upon the oc�vrrence of a default or anytime i .,
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<br /> � � -�:�;•:'Y 4 thereafter.In addition,Lectder s6a11 be entitted to aIf the re�uuedies provided by law,the tertns of the Secured � . a,.
<br /> "'�� - mis Seau'sty InstrumenR aad auy setated doc�me�s.incttsdiug witttout Gmitation.the pomrer to seD the Praperty ``•'='
<br /> '-_ -=`.f;.r,`; If there is a defauit,Ti�tee sha0.m addition to eny otDer perrr�itted reatedy.at ihe request of ihe Lender,advertsse ?
<br /> ;:4;�: .:''��:::.; and seU the Property as a whote�or in sepasate parcets at Pu4bhc su�xion to the 6igt�st bidder for casb and oonvey -:.-�t,.
<br /> � '`��`�''���" absotaEe,titIe free and cteas.of a!i right,t�tte and'mtcrest oi Grantar at sush tim�e and place as Trustee dessg�ates. � 't,�:�`
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<br />-`[� �`'..�""r.�^; Trtutee shall give�noric�e nf sale iaul�d'mg th�.time,terais a�cd Place af sate and a desaipCton uf the property to be sold .Y��<_��
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<br /> '�:�� z ` ; as ieqnired by ttie applicabte 18w in effect at the tume of the pro�sate. E� `
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<br /> :...4��_ ::� . Upon sate of t�e propertY and W the e�tent not probibited by Iaw,Tnatee sltall malce aad deliver a de�d to the Property -.
<br /> � n - sold whicJ�oomeys absohite titie to We purchaser,a t s d a f ter f a s t payiag a l l fees,d�a r S e s a a d c�.s h a l i p a y te Lender all ,' .
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<br /> ::�.�.;,:<:'.•_: :� man�ys advanred for repairs.tases.ias�uance.�ens.a�ments and p�enc�brances aad'mterest thereon,and the ,,�,' c`.
<br /> _- `..�;`.,'�-, Praic�al and'mte�st cm the Sec�ed Debt,PaYittg the s►uptus,i�anY,to Grantor.I.cudcs may ptachase the Presgerty.
<br /> � ` < 'I'�e reatals in any deed of canveyas►oe shall be prima faae evidenoe of tt�ffactss set forth thereia. .�'=
<br /> �-�-'�:�y--1 AU re�ies ate dtstiQd.cu{nutarive and aot esd�ive,aad the LEa�is eutitkd to aII re�dies Provided at!aw or �'
<br /> 7 � `u . equity,wheihes os noi expres,ly sei forth.`t�e arceptance by Lender of any svm in Fayment ar patiel payment aa the �
<br /> '�:�.�.,�' S�red De6t after the balaace is due or is acceterated as�ter forectosute proceeding4 are filed shaII not constituie a
<br /> ^'�'�``���'�� :"", wa'sve�of Leade�s rigbt to require camplete cure of aaq esisting default.By not exen�ng aay nmedy un Gtanto�'s =��;'�,
<br /> ` i .� defanit,Lender does not waive LendeYs right to later wnsider the event a defauIt if it coutinaes ar happeas again- F`;;
<br /> '� yb► EXgENSP.S;ADVANCES ON COVENANTS;ATTORNEYS•&��5;C01.�.ECI'60Ai COSTB.Except when
<br /> � X
<br /> , .,. �`. i .:.° probt"bhed by law,Gtanwr agees to pay all af Leuder's expeases�t�ator breaclies auyt covenant ia Wis Sectuity _c_
<br /> '"3 `r. ` :-� Instr�ent.t3rantor wU atso pay on demand any amaunt irtcurred ts��ender fo=ins�uing,iaspecting,Pr�erv�$ar �
<br /> " '. -� `.; c:thera�se psotecting the PropeRy aad Leader's seautty interest.These expeases w�1 bear iutesest fraun the date of ,-M:
<br /> _`:��;:�..?:�-:f`'��':°x tlse papment untFl pa�d ia foll at the bigkest interest rate in eBect as provtded�the tem�s of We Secared Debl. _"
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<br /> ,-,.�,,... Graator a$rees to pay att oosts and expens�incurreA by Leader in ooltecting.enfarcing ar protcctEnS Lender's rlghts �;;�_=:
<br /> '.,;:;��.;:..,�:. and reme�es aades th�s Secarity Ia�tramen�'I�us amount amy inc[ade.but�s not timited to,attameys'fees.coart , �';;?
<br /> .! ` casts,and other lega!expenses.'il�is Seauity Iastnuaent shaU remain in effect ant�released Grantor ag�rees to pay °;
<br /> `!�'�� • fiaranyrecardadon costsaf sacb release. � � , • �E-'
<br /> `. •..'�t°`.:": : 17..G�1WIItONN�A�1.I.AWS ANU�AZA�LDOUS SiJ�S'TANCE�.As nseA in this sec,tiio0.(I)���uec�t6 q.aw � ,
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<br /> � .. ;�.�.: t means,without lindtation,the Campre6ensi�re Envaoutneatal Respons��ompeasatian and Liab�iiq Acl(CERCZA, �
<br /> � a2 U.S.G 9601 et seq,}�and at!�ther fedeial,state and laral laws.regWations.ordinances,couit orders.attameq *=;
<br /> �_. .:�:•_-,,.._. .._.. .
<br /> •� -��" "'�_ _` genesal opinions or Interpretive Ietters concemiag ttce pubtic health,safety.weliare,environment or a hazardaus � :�_`
<br /> , :, ,•'��; substan�e:and(2)Hazardous Substance means any toxic,radlaartive or tsa�rdaus a�aterial,waste.pollutant ar �
<br /> c+antaminant wh�Ch has c6aracteristics whicb render the substance dangemus or potentiaAy dangcsans to the pnb]ic �._":
<br /> •= r� _� ' heaitb,safety,welfare or cavironmen�.7'tte term insl�cdes.�a�ithoal limitatiort,anY substa�es defined as"haza�dot� �._-
<br /> `� �` matetIal,°"taxic sabstances.°"�azardaus waste"or~haZardous substancs"under any Enviro�sental Law _
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<br /> ';.�:.r:,y.=.;�f:., ; G=antor represenis.watrar�ts aad agrees tha� . . . —
<br /> . T = • A. F�cept as previousty disctased and acicnowledged tn writiag w Lender,no Hazardous Substance 1s or will be �y
<br /> ��t � L �' tocated,stured or released on or in tbe Prq�erty.Tdis restrictton does aot apply to smatl qaantities o2 �-
<br /> ,. ��y�a� . 7._��. �; �"
<br /> ;���,:.,,_ -. - Ha�dourpSubstar[ces that are gerterally reoagt�?ed to be sppro�ate far the ammal use and mairtenanre of � _
<br /> ���. _ � �:__
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<br /> � B. as ously discWsed and ackaow l e d g e d�n writing w L en des.C i r a n t a r aad every�tenaat have 6een►,are. � .,..
<br /> ,F �.� � � an�shaU�n in fuU carmptiaance with any appltcabte EmdrotmaeAtat Lacv. � � ,
<br /> � . �;-f
<br /> ` � C. Grantar shaU imtaediately aotify Lender it a release or tlueaic�ned rete2ise uf a Hazardous Suhstasioe oo¢u�s on,
<br /> .`°`'.��1�' `�:;.:� �' undes or about the proAeRY or W ere is a violation oi any Envhonmental Law conceming ehe Y,roperty.In such -_-
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<br />:°�`�_':�.;:�_:�.�.:�-, . ; .: � aa event�(irantor shatl take all neCessary+remedial adtori in accarQanae with mry Eavironmental Law. � . -
<br /> - �--�.' � D, Grantot sha1;immediately notifg Leeader in wsiting as soon as Grantat has reason to betieve there is any
<br />_ ,'��',�%• `. �•r' ,�; .1 �etutia�ar threatened investigatlon,ctaim.ar prooeedfing relaHng ta the release or threateaed reIeasc oY aIIy °�
<br /> � �.. '�'�;,��:�:`� ; ; a�ardou's Substanoe or We vtata8an of aay Emriror�entat Law. �
<br /> '�° ��'� �.:.,:�- �' �� !S.��ONDEMNATION.tirarctu�r will give L,ender prompt notice of any�ending or threatene0 agtlan.by pslvate or -
<br /> -� . �.' �� . pubHc enti�tes to purchase.�a.take airy or a11 oi the Praperiy thraugh condemna�an.eminent domah�.ar any other �-Y,
<br /> ��•,.��:'.�."���� ` nieans.OraniOr auttiorizes Lender to u�terverte in(isaator's name m any of the abave d�ed aciions oi�tahns.
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<br /> �•:e�;'.;� ;�;;:;;,;`���; ;� Grantor ass��s to l.endes the proxads uQ�ny�avard or claim for damages oonnected tivIth a condemnation or ofher ,
<br /> ,- , � = ' t�tg oi all ot say part of tke Property.S�h pruoeeds shall be oar��dcreA payments and wIU be apQ�ed as pravided in �;_
<br /> _ ''�., ,;:;• ` th;s Securiry InsWmen�TDis asslgntnent o�ptooeeifs is subject to the temTS of any pr�ar mortgage,deed o!trust, -
<br /> :`':'�;Y.��`'``.... � security a$reement m other Hen document.
<br /> . � ��� ..
<br /> � ��`� ' , f9. lN9UIi14NCE.�rantnr shall keep Pcaperty insured agaiast loss by fire.t1ac�,thefe and other hazards and rlsks
<br /> `.�`'. �,.;°:��::�-.:; , seasana6ty assaciated with the Property due to ita typc aad tocat�oa.'Lbis snsurance shali be mah�tained 9n the amounts
<br /> � and for the peduds that Lender requ9res.The insvrance catrter provlding the Insurance shaii be chosen by Grantor -
<br /> .:,';;1►:_ . . ; subjed to Lender's approval.which shaU aot be uareasonably withheld.lt(irantor fails ta ma}ntain the cavcrage ,. �:°;
<br /> � '`�� •�'�'� . described abave,l.ender may,at Lender's option,obrait►coverage to protect Lender's rights in the Praperiy a000rding
<br /> '�'�s:ut:�,�.. . _.. . .�•.�,.
<br /> ',.�,�;v' � to the tem�s of thi�Securlty Iastmm�en�
<br />_ :;.,;_..�,:::. :
<br /> ----- All in9urance pollcaes and renewats shall be aaeptabie to L.cnder and shall iitclttde a standard"maRgage ctause"and. ��',
<br /> � `; :��,:.°"'.,-� . where applicable."lasv paycu clause."C3rantor s6all immediately noNfy Lender o!cancellation or termination af thc
<br />-":' ;'',. . '.�:�;- insurance.Lender shall have the right ta hold the policies and renecvata 1t Lender requires.�tantur sHall immed'rately
<br />:.-. ' �� glve to Leader aU rece�pts oi paid preminms and renewal notices.Upon loss.(3ramor sha11 give immediate notice to
<br />- �� ' ' � ° ihe insuraace c�trtet and Lender.Lender may make psoaf ot loss ii aot made immed'iatety iry Grantor.
<br />_ �:
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<br />�-: 4. (page 3 014) `:,.
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