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<br />loan No: 101207369 <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />200510254 <br /> <br /> <br />Page 2 <br /> <br />entitled to. a claim far deficiency, befare ar after Lender's cammencement ar campletian af any fareclasure actian, either judicially ar by <br />exercise af a pawer af sale. <br /> <br />PAYMENT AND PERFORMANCE. Except as atherwise pravided in this Deed af Trust, Borrower shall pay to. Lender all Indebtedness <br />secured by this Deed .af Trust as it becames due, and Barrawer and Trustar shall strictly perfarm all their respective abligatians under the <br />Nate, this Deed af Trust, and the Related Dacuments. <br /> <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Barrawer and Trustar agree that Barrower's and Trustar's passessian and use af <br />the Praperty shall be gaverned by the fallawing pravisians: <br /> <br />Possession and Use. Until the accurrence af an Event af Default, Trustar may (1) remain in passessian and cantral af the Praperty; <br />(2) use, aperate ar manage the Property; and (3) callect the Rents fram the Praperty. <br /> <br />Duty to Maintain. Trustar shall maintain the Property in tenantable canditian and pramptly perfarm all repairs, replacements, and <br />maintenance necessary to. preserve its value. <br /> <br />Compliance With Environmental Laws. Trustar represents and warrants to. Lender that: (1) During the periad af Trustar's awnership <br />af the Praperty, there has been no. use, generatian, manufacture, starage, treatment, dispasal. release ar threatened release af any <br />Hazardaus Substance by any persan an, under, abaut ar fram the Praperty; (2) Trustar has no. knawledge af, ar reasan to. believe <br />that there has been, except as previausly disc lased to. and acknawledged by Lender in writing, (a) any breach ar vialatian af any <br />Enviranmental Laws, (b) any use, generatian, manufacture, starage, treatment, dispasal, release ar threatened release af any <br />Hazardaus Substance an, under, abaut ar from the Praperty by any priar awners ar accupants af the Praperty, ar (c) any actual ar <br />threatened litigatian ar .claims af any kind by any persan relating to. such matters; and (3) Except as previausly disc lased to. and <br />acknawledged by Lender in writing, (a) neither Trustar nar any tenant, cantractar, agent ar ather authorized user af the Property <br />shall use, generate, manufacture, stare, treat, dispase af ar release any Hazardaus Substance an, under, abaut ar from the Property; <br />and (b) any such activity shall be canducted in campliance with all applicable federal, state, and lacal laws, regulatians and <br />ardinances, including withaut limitatian all Enviranmental Laws. Trustar autharizes Lender and its agents to. enter upan the Praperty <br />to. make such inspectians and tests, at Trustar's expense, as Lender may deem apprapriate to. determine campliance af the Praperty <br />with this sectian af the Deed af Trust. Any inspectians ar tests made by Lender shall be far Lender's purpases anly and shall nat be <br />canstrued to. create any respansibility ar liability an the part af Lender to. Trustor or to. any ather persan. The representatians and <br />warranties cantained herein are based an Trustar's due diligence in investigating the Property far Hazardaus Substances. Trustar <br />hereby (1) releases and waives any future claims against Lender for indemnity ar cantributian in the event Trustar becames liable far <br />cleanup ar ather casts under any such laws; and (2) agrees to. indemnify and hald harmless Lender against any and all claims, lasses, <br />liabilities, damages, penalties, and expenses which Lender may directly ar indirectly sustain ar suffer resulting fram a breach af this <br />sectian af the Deed af Trust ar as a cansequence af any use, generatian, manufacture, starage, dispasal, release ar threatened release <br />accurring priar to. Trustar's awnership ar interest in the Praperty, whether ar nat the same was ar shauld have been knawn to. Trustar. <br />The provisians af this sectian af the Deed af Trust, including the abligatian to. indemnify, shall survive the payment af the <br />Indebtedness and the satisfactian and recanveyance af the lien af this Deed af Trust and shall nat be affected by Lender's acquisitian <br />af any interest in the Property, whether by fareclasure ar atherwise. <br /> <br />Nuisance, Waste. Trustar shall nat cause, canduct ar permit any nuisance nar cammit, permit, ar suffer any stripping af ar waste an <br />ar to. the Property ar any partian af the Property. Withaut limiting the generality af the faregaing, Trustar will nat remave, ar grant to. <br />any ather party the right to. remave, any timber, minerals (including ail and gas), caal, clay, scoria, sail, gravel ar rock praducts <br />withaut Lender's priar written cansent. <br /> <br />Removal of Improvements. Trustar shall nat demalish ar remave any Improvements from the Real Property without Lender's priar <br />written cansent. As a canditian to. the remaval af any Improvements, Lender may require Trustar to. make arrangements satisfactary <br />to. Lender to. replace such Impravements with Impravements af at least equal value. <br /> <br />Lender's Right to Enter. Lender and Lender's agents and representatives may enter upan the Real Praperty at all reasanable times to. <br />attend to. Lender's interests and to. inspect the Real Praperty for purpases af Trustar's campliance with the terms and canditians af <br />this Deed af Trust. <br /> <br />Compliance with GovernmentaLRequirements. Trustar l>hall pramptly cQ.mply with all law!L ardinances, and re.gulations, naw ar <br />hereafter in effect, af all gavernmental autharities applicable to. the use ar accupancy af the Praperty, including withaut Iimitatian, the <br />Americans With Disabilities Act. Trustar may cantest in gaad faith any such law, ardinance, ar regulatian and withhald campliance <br />during any praceeding, including apprapriate appeals, sa lang as Trustar has natified Lender in writing priar to. daing sa and sa lang as, <br />in Lender's sale apinian, Lender's interests in the Praperty are nat jeapardized. Lender may require Trustor to. past adequate security <br />or a surety band, reasanably satisfactary to. Lender, to. pratect Lender's interest. <br /> <br />Duty to Pratect. Trustar agrees neither to. abandan ar leave unattended the Praperty. Trustar shall do. all ather acts, in additian to. <br />thase acts set farth abave in this sectian, which fram the character and use af the Praperty are rea san ably necessary to. pratect and <br />preserve the Praperty. <br /> <br />TAXES AND LIENS. The fallawing pravisians relating to. the taxes and liens an the Praperty are part af this Deed af Trust: <br /> <br />Payment. Trustar shall pay when due (and in all events priar to. delinquency) all taxes, special taxes, assessments, charges (including <br />water and sewer), fines and impasitians levied against ar an accaunt af the Praperty, and shall pay when due all claims far wark dane <br />an ar far services rendered ar material furnished to. the Praperty. Trustar shall maintain the Praperty free af all liens having priarity <br />aver ar equal to. the interest af Lender under this Deed af Trust, except far the lien af taxes and assessments nat due, except far the <br />Existing Indebtedness referred to. belaw, and except as atherwise provided in this Deed af Trust. <br /> <br />Right to Contest. Trustar may withhald payment af any tax, assessment, ar claim in cannectian with a gaad faith dispute aver the <br />abligatian to. pay, sa lang as Lender's interest in the Property is nat jeapardized. If a lien arises ar is filed as a result af nanpayment, <br />Trustar shall within fifteen (15) days after the lien arises ar, if a lien is filed, within fifteen (15) days after Trustar has natice af the <br />filing, secure the discharge af the lien, ar if requested by Lender, depasit with Lender cash ar a sufficient carparate surety band ar <br />ather security satisfactary to Lender in an amaunt sufficient to. discharge the lien plus any casts and attarneys' fees, ar ather charges <br />