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<br />Loan No: 77427$1 ,
<br />colitis ro _ Page 2
<br />Environmental Laws, Ib) any use;.. generation, manufacture, storage, 'treatment, disposal, ,release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />thrsate ned lirigation qr claims of any kind by arty person relating to s o c h aft e 'a' and Except as previously disclosed to and
<br />acknowledged'bYLender in writing, ,lal- neither Trustor nor anytenant, contractor, agent or other authorized user of the. Property
<br />shall use generate,`manufacturB, store, treax, disposeof or' release any Hazardous Substonce,on, under, about or from the Property;
<br />and "bl any such activity `shall be conducted in'complianca widt afl applicable federal, 'staxe, aitid local laws, regulations and
<br />ordina cesy irtciuding without limitation'ali Environmental Laws. trustor authorizes Lender and its agents to enter.upon the Property
<br />to make'such impections and tests, at Trustor's expense, as "Lentler may deem' appropriate td oetermine'cdmpliance of the Property
<br />with this section of the Deed of Trust. Any inspections or tests madeby Lender shall be for Lender's purposes only and shalinot be
<br />.construed to create any responsibility or liability on the part of Lender to Trustor or to any other person. The representations and
<br />warranties contained herein are based on Trustor's due diligence in investigating the Property for Hazardous Substances. Trustor
<br />,hereby (1) releases and waives any future claims against Lender for indemnity or contribution in the event Trustor becomes liable for
<br />cleanup or other costs under any such laws; and (2) agrees to indemnity and hold harmless Lender against any and all claims, losses,
<br />liabilities, damages, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a breach of this
<br />section of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release or threatened release
<br />occurring prior to Trustor's ownership or interest in the Property, whether or not the same was or should have been known to Trustor.
<br />The provisions of this section- of the Deed of Trust, including the obligation to indemnify, shall survive the payment of the
<br />,Indebtedness and the satisfaction and reconveyance of the lien of this Deed of Trust and shall not be affected by tender's acquisition
<br />of any interest in the Property, whether by foreclosure or otherwise:
<br />Nuisance, Waste. Trustor shall not cause, conduct or permit any nuisance not commit, permit, or suffer any stYrpping of or waste on
<br />or to the Property or any portion of the Property.. Without limiting the generality of the foregoing, Trustor will not remove, or gran to
<br />any other party the right to remove, any timber, minerals (including oil and gas), coal, clay, scoria, soil, gravel or rock products
<br />without Lender's prior written consent. -
<br />Removal of Improvements. Trustor shall not demolish or remove any Improvements from the Real Property without Lender's prior
<br />written consent. As a condition to the removal of any Improvements, Lender may require Trustor to make arrangements satisfactory
<br />to Lender to replace such Improvements with Improvements of at least equal value.
<br />Lender's Right to Enter. Lender and Lender's agents and representatives may enter upon the Real Property at all reasonable times to
<br />attend to Lender's interests and to inspect the Real Property for purposes of Trustor's compliance with the terms and conditions of
<br />this Deed of Trust.
<br />Compliance with Governmental Requirements. Trustor shall promptly comply with all laws, ordinances, and regulations, now or
<br />hereafter in effect, of all governmental authorities applicable to the use or occupancy of the Property. Trustor may contest in good
<br />faith any such law, ordinance, or regulation: and withhold compliance during any proceeding, including: appropriate appeals,: so long as
<br />Trustor has notified Lender in writing prior to doing so and so long as,, in Lender's sole opinion, Lender's interests . in the Property are
<br />not p y require p adequate security or a "surety bond, reasonably satisfactory to Lender, to; protect
<br />Lender's interest. Lender ma re wre Trustor to post,
<br />adequate
<br />to Protect. Trustor agrees neither to abandon or leave unattended the Property. Trustor shall do all other acts, in addition to
<br />those acts set forth above in this section, which from the character and use of the Property are reasonably necessary . to protect and
<br />preserve the Property.
<br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are part of this Deed of Trust:
<br />Payment. Trustor shall pay when due land in all events prior to delinquency) all taxes, special taxes, assessments, charges (including
<br />water and sewer), fines and impositions levied against or on account of the Property, and shall pay when due all claims for work done
<br />on or for services rendered or material furnished to the Property. Trustor shall maintain the Property free of all liens having priority
<br />over or equal to the interest of Lender under this Deed of Trust, except for the lien of taxes and assessments not due and except as
<br />otherwise provided in this Deed of Trust.
<br />Right to Contest. Trustor may withhold payment of any tax; assessment, or claim in connection with a good faith dispute over the
<br />obligation to pay, so long as Lender's interest in the Property is not jeopardized. If a lien arises or is filed as a result of nonpayment,
<br />Trustor shall within fifteen (151 days after the lien arises or, if a lien is filed, within fifteen (15) days after Trustor has notice of the
<br />filing, secure the discharge of the lien, or if requested by Lender, deposit with Lender cash or a sufficient corporate surety bond or
<br />other security satisfactory to Lender in an amount sufficient to discharge the lien plus any costs and attorneys' fees, or other charges
<br />that could accrue as a result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself and Lender and shall
<br />satisfy any adverse judgment before enforcement against the Property. Trustor shall name Lender as an additional obligee under any
<br />surety bond furnished in the contest proceedings.
<br />Evidence of Payment. Trustor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes or assessments and
<br />shall authorize the appropriate governmental official to deliver to Lender at any time a written statement of the taxes and assessments
<br />against the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen 115) days before any work is commenced, any services are
<br />furnished, or any materials are supplied to the Property, if any mechanic's lien, materiaimen's lien, or other lien could be asserted on
<br />account of the work, services, or materials. Trustor will upon request offender furnish to Lender advance assurances satisfactory to
<br />Lender that Trustor can and will pay the cost of such improvements. I -
<br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a part of this Deed of Trust.
<br />Maintenance of. Insurance.. Trustor shall procure and maintain policies. of fire .insurance with standard extended coverage
<br />endorsements on a fair value basis for the full insurable value covering. all Improvements on the Real Property in an amount sufficient
<br />to avoid application of any coinsurance clause, and with standard mortgagee clause in favor of Lender, together with such other
<br />hazard and liability insurance as Lender may reasonably require. Policies shall be written in form, amounts, coverages and basis
<br />reasonably acceptable to Lender and issued by a company or companies reasonably acceptable to Lender. Trustor, upon request of
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