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<br />C. Truster will immediately notify Beneficiary it (1) a release or threatened release of Iazardous Substance accur.s
<br />on, under or about the Property or migrates or threatens to migrate from nearby property; or (2) there is a
<br />violation of any Environmental Law concerning the Properly. In such an event, Truster will take all necessary
<br />remedial action In accordance with Environmental Law.
<br />D. Truster has no knowledge of or reason to believe there is any pending or threatened Investigation, claim, or
<br />proceeding of any kind relating to (1) any Hazardous Substance located on, under or about the Property; or (2)
<br />any violation by Trustor or any tenant of any Environmental Law. Trustor will immediately notify Beneficiary In
<br />writing as Bonn as Trustor has reason to haliave there is any such pending nr threatened investigation, claim, or
<br />proceeding. In such an event, Beneficiary has the right, but not the obligation, to participate in any such
<br />proceeding including the right to receive copies of any documents relating to such proceedings.
<br />E. Truster and every tenant have bean, are and shall remain In full compliance with any applicable Environmental
<br />Law.
<br />E There are nn underground storage tanks. private dumps or open wells located on or under the Property and no
<br />such tank, dump or well will he added unless Beneficiary first consents in writing.
<br />G. Tractor will regularly Inspect the Property, monitor the activities and apemtions on the Property, and nnntirm
<br />that all permits, licenses or approvals required by any applicable Environmental Law are obtained and complied
<br />with.
<br />I L Truster will permit, or cause any tenant to permit, Beneficiary or Beneficiary's agent to enter and inspect the
<br />Property and review all records at any reasonable time to determine (1) the existence, location and nature of any
<br />Hazardous Substance on. under or about the Property: (2) the existence, location, nature, and magnitude of any
<br />Hazardous Substance that has been released on, under or about the Prnparty; ar (3) whether er not Truster and
<br />any tenant are In compliance with applicable Environmental Law.
<br />I. Upon Beneficiary's request and at any time, Trustor agrees, at Irustor's expense, to engage a qualified
<br />environmental engineer to prepare an environmental audit of the Property and to submit the results of such audit
<br />to Beneficiary. The choice of the environmental engineer who will perform such audit is subject to Beneficiary's
<br />approval.
<br />.L Beneficiary has the right, but Out the obligation, to perform any of Truster's obligations under this section at
<br />Truster's expense.
<br />K, As a consequence of any breach of any representation, warranty or promise made In this section, 111 Trustor
<br />will indomnlfy and hold Beneficiary and Beneficiary's successors or assigns harmless from and against all losses,
<br />claims, demands, liabilities, damages, cleanup, response and remadiation costs, penalties and expenses,
<br />including without limitation all costs of litigation and attorneys' fees, which Beneficiary and Beneficiary's
<br />successors or assigns may sustain; and (2) at Beneficiary's discretion, Beneficiary may release this Deed of
<br />Trust and in return I rustor will provide Beneficiary with collateral of at least equal value to the Property secured
<br />by this Deed of Trust without prejudice to any of Beneficiary's rights under this Deed of Trust.
<br />I Notwithstanding any of line language contained in this Deed of Trust to the contrary, the lentos of this section
<br />shall survive any foreclosure or satisfaction of this Deed of Trust regardless of any Passage of title to
<br />Beneficiary or any disposition by Beneficiary of any or all of the Property. Any claims and defenses to the
<br />contrary arc hereby waived.
<br />19. CONDEMNATION. Trustor will give Baneficiary prompt notice of any action, real or threatened, by private or public
<br />entities to purchase or take any or all of the Property, including any easements, through condemnation, eminent
<br />domain, nr any other means. Trustor further sprees to notify Beneficiary of any proceedings instituted for the
<br />establishment of any sewer, water, conservation, ditch, drainage, or other district relating to or binding upon the
<br />Property or any part of it. Trustor authorizes Beneficiary to intervene In Truster's name in any of the above described
<br />actions or claims and Io culled and receive all suns resulting from the action or claim. Trustor assigns to Beneficiary
<br />the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of
<br />the Property. Such proceeds shall be considarad payments and will he applied as provided in this Dead of [rust This
<br />assignment of proceeds is subject to the terms of any prior security agreement.
<br />20. INSURANCE. 1 rustor agrees to maintain insurance as follows',
<br />A. (rustor shall keep the Properly insured against lass by fire, theft and other hazards and risks reasonably
<br />assucloted with the Property due to its type and location. Other hazards and risks may include, for example,
<br />coverage against loss due to floods or flooding. This Insurance shall be maintained In the amounts and her the
<br />periods that Beneficiary requires. What Beneficiary requires pursuant to the pracading two sentences can
<br />change during the term of the Serured Debt. The insurance carrier providing the insurance shall be chosen by
<br />Trustor subject to Beneficiary's approval, which shall not be unreasonably withheld. If I rustor tails to maintain
<br />the coverage de.scrihed shave, Beneficiary may, at Heneficiary's option, obtain coverage to protect Beneficiary's
<br />rights in the Property according to the terms of this Deed of Trust.
<br />All Insurance policies and renewals shall be acceptable to Beneficiary and shall includu o standard "mortgage
<br />clause" and, where applicable, "beneficiary loss payee clause." Trustor shall immediately notify Beneficiary of
<br />canacllation or termination of the insurance. Beneficiary shall have the right to hold the policies and renewals. If
<br />Beneficiary requires, Trustor shall Immediately give to Beneficiary all receipts of paid premiums and renewal
<br />notices. Upon loss, Trustor shall give immediate notice to the insurance carrier and Beneficiary. Beneficiary may
<br />make proof of loss if not made immediately by Imstor.
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