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<br /> �" f��z:: .' . $�ipg or guarantymg the S�Deb�A goad faith beGef by Lender that � -�s ., L�.,�
<br /> r �.�t t �•. executed fos tLe p}upose of��, ta anv etson or entrty obGgated on We Secured Debt or that the prospect � " `" F
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<br /> �[$�B�j��.i 'i'�o'�:'C�'!�!!?�t?!x • . p c . . V f `+ £
<br /> Y� k `4 � = of anY PaYuaeat ar the value of the Property u mipaired shaq aSso wnstiiuce an evenc uf d�tautt i: ,- & - � ,
<br /> � y� RE�DIES ON DEFAULT.In some instaz►ces.fede�l�►d���aw w�l req��ader to provide Grantor witb
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<br /> ns.Su ect to th�e .��, . �
<br /> aud II!a establish time sshednfes for foredosure aaio b] r
<br /> •:><t,,.,`;; noti�e of the tight ta cace or at8er uorices y Debi and foreclose this 5ecurity Instrament in a manner ��•-�,....-'-. ._.
<br /> timi�tations.if aay.Leader may accetcrate the Secured ��, -� � -�: ti``
<br /> `�- provided by law if Grantor is in defaul�
<br /> Y �—` �� At the optioa of i�xler,all c,r any pari of the agreed fees aad charges,aa-rued interest and principal shall becomc ��" �' rs•- � :
<br /> �? ;�� vm natice if t��by law.upon the ocxurrence of a defauit or anytime , —
<br /> immediately due and-PaYable,after gi ' g. .` 2
<br /> ` ��S��� theceafter.Iu ad�tion,L.ender sha116e endded to ail the remedies provided by law.the tem�s of the 5ec�red DeM. �., 4 -�x � �;a- .
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<br /> � ``� �-. this Sec�nity lnstrosnent aad anY related docaments,includ"mg withoat limitation.the power to sell the Property � ^
<br /> If titer�is a default,Tntstec shall,ia ad�tioa to any other permitted remedy,at the�ti der for cash and� �� ��r � �� d_
<br /> r �y y°s3 :�c . and seil thE I'raPertY as a whvle or in sepasate FaiceSs at Public auction w the highest �� " `" `.
<br /> absolute titte free and dear of aII ri t,tittc and interesrt of Grantar at s�ch time aad place as Trustee�esignates. •,, r�` 4 s.- � h
<br /> � ": � the cime,tem►s and place of sate and a deseciption of the propertY to be sald
<br /> , . Tcustee shall g'�ve noace of sale indudtn8 "� "' ` � � �
<br /> � �'-: � ' �s required by the appticabte law in effect at the time of the p�oposed sale. �� < r ; � � �,
<br /> £;� �` Upon sale of the pmperiy and to the extent nat prolu'bited by law,Trastee sbaU make and delives a deed to the PropenY � .
<br /> aU � i�� y
<br /> ` ' soW w h i c d�oonveys a b sotute title w the pu�6aser.and after 6ust paying atl fees.d►arges and costs,s1�a11 Fay w Lender all
<br /> _�-� ��� fi►r reoaus tases.iusurance,Treus,�smeuts and gnor encumbiances and interest t h e r e.on,and the ,'' 4,k �,�,�aw;
<br /> ,. , r �, , �c�ey�s advan+� a the stupIas,if any,to Graritor.I.endez asa}ptuc�tase th�Prapertv. �� T � � ;��
<br /> ' :, � principal aad interest on the Sea�red Debt,P Y�S �` �
<br /> r� The reatals in any deett of conveysnoe shall be prim�faae evideace of the facts set forth therein.
<br /> = vided at law or '�' ` �L 's ', �,�L
<br /> `` . `�- ' �'� AU remedies are distin�t.cnmulative and aoi exclusive,and the Lender is entitted to aA remedies pro � x
<br /> 4 'q'"°"�`a, �M�Y,��or not eaprre�stY set forth.'l�te aocePtaace hl►L.ender of any sam m paymeat m partial PaYment on the :L� � << .b � ,-
<br /> Seaued Debt after the balance is due or is aooelerated or atter fozeciosure pracee�ngs are fited s�1��p�8 ;:� �- '� 4 �.,� _
<br /> ' waiver of Lender's right to reqnite wmp2ete cure of any existiag default By not exe�isin8 anY :t,, . " �,�`;,,'.
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<br /> .:,,.:„ ..�. defauit,I.endet daes not waive Lender's right to later conside�r the event a defaalt if it continues�or t�aPPens again- � r :; ���
<br /> `;�;:.� :}�,. =:.�i:, ife. EXPENSES;ADVANCES ON COYENANT�,ATTORNEYS'FEE3;COLLECTION COSTS.Except when �" .. ,;'- ¢ �`
<br /> ift . F�s
<br /> ��-F � protubited bY�C.Gta�°f��to pay all of Lender's expenses if Grantor breaches any cavenant.in this Secarity , ��r�
<br /> � � �` Instniment GYaator w�71 afso pay on demand any amount iacurred by Lender fitt��8•����d��ate o -i,' �^—
<br /> `� ' �P�Y�d Lender's security interest.'19iese eapenses
<br /> � � atherarise prot�tinS the Pr rovided in the terms o#the Sectued IIeb� � '%' E .
<br /> `t . `� f: t h e p a y m e n t u n t i l paid'm tull at the highest mterest rate ia effect as p � i_
<br /> r,. Grantor agcees to pay all msts aad expenses in c u z r e d b Y L e n der i a c o ll e c t i n g,e u f o r c►n g o r p r o t e A i n g L e n d e r's ri g,hts �`� i '�
<br /> -��!.�"" �.<:,' and remedies un�er tbis Secuiity Instrumem.This amous►t anay include.but is not tinnited.to,attomeys'fees.oaurt . �f.,�,--
<br /> �: � xP ent shaD remain in effect untr�released.Grantor agees to pay :.�ti �
<br /> ,: .. costs,and oiker I e enses.This Sea�rity 1nstrw1 � ` �i {`
<br /> '� `• f u r a n y r e c a r d a t i on costs of snch release. �� _ ,
<br /> " 17. ENVIRONMEIIPI'AL L�lWS AND HAZAttiI0U5 S[3BS'�A1�iCE4.As t�s e d in t h i s s e c t io 4(1)E s►v i r o n m e n i a l L a w t, ���":
<br /> - � . ttou and I.iab�itq L�ct{CERCi-A. s r;°,,�� l
<br /> '.� � � : m e a n s,w i t 8 o u t l l m i t a t i o n,t6e Com p rehensivc$nvironmemal Response,.Ca�pensa .
<br /> �'
<br /> �` ' , �`: ' 42 U.S.C.9601,et seq.),and ali other fede�,�the�n b ll hea1W,s�afe�pwe�tfare�e�nvironment o r a�bazazdou�s , �.�_�;�. _ � 's
<br /> � � �" � general opiruo�s or interpr�tive letters concemiag p �
<br /> `, �,?:"::.;. ,i.: substance:anb(2)Hazardons Sabstance means any toxic,radioactive or�hazardous�material,waste,poAutant or 7 `"'�' ,;�,�,_.
<br /> � a � '
<br /> ?� � oositamittant wtuch has chaca�eiisbics w�ich render the substance dangerous ar poteatially dangerous W the puhlie . .: ���
<br /> , < � healtb,safety,wetfare or environn�en�17ie tera�includes,arithout lunitation.any substaaces deBaed as"hazardous `"�' ��__
<br /> ,` ""hazardaus waste"or"hazardons substaaoe"nndar airy Eavironme.atal Law. ,� `.�-
<br /> ' ., ��� material,""toxic substanoes, . -- _--
<br /> ,< � Grantor represents,warrdnts and a ees that; '�'��.'�
<br /> � 8 �� �
<br /> ,. , �` � . as reviou�ty disctosed and aclmowtedged ia writ�n8 to Lender.no Hazardoas Substaace�s or w�l be � _ ----
<br /> �n
<br /> ' � ' A'•��L � This restrictioa daes not�apply ta smali qnantitiea of - - -
<br /> F .j Y _ located,stored or released on or in tbe Pruperh+•�� io riate for the norma!ase and malntenance of T y= _
<br /> `� � Hazardous Sabstances that are gene:aUy�ecognized aPP D , �
<br /> :�
<br /> � �`}"' �e��' � --
<br /> ' - 8. F.xcept as previQuslS+d'ssciosed asd acknuwledged in writing to Lender.GraaWr and every teaant have been,ere. —
<br /> °�� . and sha11 remaiQ in fuU oompfiance with any appHcabte EnvironmeAtal Law. � �"° �
<br /> � ).SF..
<br /> � �= � �. GranWr shalt immediately natify Lender if a release os threatened release of a Ha�rdous 3ubstance oecurs on, ,�.�,t. 2 i�
<br /> - � ':;:.•.,;';;:.' . ' ander or about the Property or Were is a violation of aqY Em�ironmental l.aw concemipg We ProPertY•In sucti
<br /> ` .;" , �.,: an event,Grantor sball take all necessary remed�al action m accordance with any Brnironmental Law. � ;.'�1�-a�� :•
<br /> ` �`� D. GranWr shall immediately natify I,ender in wiiting as sobn as(3tantar has reasan to believe there is any , �='
<br /> - -=�-�`:_.:''�`�- pendiag or thr4.atened'iavestigattan,claitn,or pmceeding relating ta the reiease or ttueatened release oi any : .^'_- --
<br /> �,�<° Hazardous Substance or the violatian of aay Envlromnentai Law. . .:
<br /> `' 1� CONDEMNATiON.Graatoi wlll glve Lender prompt notice of any peadiag or ttsreatened actian.lry Private ar �= ;� ' � �
<br /> � ' ,-ra.:,:� �bllc entities to purchase or take any ar all oi We Property thraugh con�emnatton,emiaent domain,or any other _ ,
<br /> „ meam.�ixaator authorizes l.ender to intervene in Grantor's name in any of the above descn'bed adions or claims. + � :
<br /> Grantor assigag w�Lender the procteeds of aay award or claim for damages oonnected with a condemaation or ather ir � �_ ;
<br /> � eds
<br /> . taking of aU ot anyr part of the Property►.Such pxaceeds shall be considered payments and wU be applied as provided in ,,
<br /> � ..,_'' this gecurity Instrument'This assi�nmen/oi praceeds is subject to the tem�s of airy prior mortgage,deed a!Un�t. ' j ',
<br /> , � ': security ag�eement or other 13en document :
<br /> . ', �°`' . j9. 111TSUlt�NCL.(irantor shall keep Property insured against[ass by Are.flood.theft and other hazards and risks ; � r ;
<br /> �` �� '. � � r e a s o n a b l y a s s o a a t e d aith the p r o p e t t y 8ue to�ts type aad loqnon.7rt�is;nsuraace shaU be maintained in the amounta z ._.:.......::.. - :
<br /> �r- ' �� and fm the periods that Lender rcqtrires.The iasurance c�r r ie*Prn�i c ling t h e i n s u r a n ce s t t a ll b e c h a s c n b y C r a n t o r
<br /> . • .,�=......,".,,....
<br /> . '�f� sub ject to Lender's approval.wbich shall nat be unreasonably withhetd It Granwr fails to maintain the aoverage .
<br /> � described above.I:en der may.a t L e n de r s a p i i o n,o b t a i n c o v e r a g e t o p r o t e d L e n d e r's d g h t s ia the Pro pen y according
<br /> -` '�;� :� • ., `` ca the terms ot this Security lnstnmaen� '�::'''.
<br /> �� . '` ' ���''' 1 pll iosurance polic3es and renewaL�shall be aoceptabte to Lender and shaU inciude a standard"mortgage clanse"attd �`.;����1.:::.,�
<br /> u�:� ' `' �. where applipble."toss payee clause:'Orantor sha11 immetliatety notlfy Lender of cancellation or temtination oi the, '_ .,, :;
<br /> � �'',���. � °. � '`° insurance.L�nder shall have thc right to hold the pollcies and renewats.lf i.ender requires.Grantor shall lmmcdiately �?` r ,.
<br /> � .;:.
<br /> gjve to Lettder aU reoeipts of paid premiwns and renewa�notiaes.Upon tos4.Grantor shaif grve immediate notice to ".� f�':•�1;:,`'��.�::;: ;
<br /> _ We insurance carrier and Lender.Le�taer may make proof of loss it not made immediatety tsy Grantor. , ,� .,.: . :
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