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<br /> executed for the puipnss of creatln�t.sectuitsg or guar'antyln�the Sectved Debt. A good faith 6elief by Lender thut �;""_-
<br /> '�.� Lender at any time i�insecura witti respett to s»X P��a;eat'sty aMigatea on the Secured Qebt or that the prospect R':u.-
<br /> �•: ' of any payment or the e�fuc of the PitaFe�ty is impaired shall atso oonstitute an event of defaul� °_ .
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<br /> ' �S, ��Y'�1DDES OPl IIEFALJ�.T.In�me instanoes.federal and stute law will reguire Lcnder to pravide Grantor wi �.,
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<br /> ,� '� natice of the risht ta cure or other notices and may esEabfish dme sc6edules for forec!osure actians.Subyect to these t 4'
<br /> limitations.if any.Lender may accelerate the Secured Dcbt and forectose this Security Instrument in a manner ,t:.
<br /> provided by la�v if Grantor is in default �`
<br />.-- AL the option of Ixnder.all or aay part of t6e agreed fees and charges.accrued interest and priacipal s6all beoumr �k;
<br /> immediately due and paya9�le,after giving notice ef required by la�v, upon tt�e occurnac�c of s defau{t or any`tiu�e ,f;-.
<br /> � thareaftcr.in additian,Lcnder shall be entitled to a(1 ths remedies Provided by law,the terms of the Secured Ds�bt, �
<br /> thi�Secwity In�tument anc!anj�s�tated doc+m�en2s,including withaut tunitauon,the power to sell the Property. _
<br /> If there is a default.Tn�s!ee shull,in additian to aay other permitted temedy,at the request of the Lendee.ad�'+ertisc �-;_
<br /> � and sell the Prapor�j as a�ol�or irt�eps�te parceLs ai pubPic suctioa to the lug�Cest bidd=r.for ca.�h and ern��'ap� �._:
<br /> absolute dtte free a»d ctear oP a!1 ri�Sit.rtit�smd interest of Grantor at snch tim2 and place as Tsustes de�gnat�.
<br />�,'!�• Tnistee shall give notice of sal[�irlduding the tims.tem�s and place of sale and a description of the property to He saltf �'*:
<br /> �"�`' as requ'ued by tbe applirabtu ln�v it�e8'e�ct at the time of the proposed sale. �- `
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<br /> _____ Upon sale of the pragerty and�tn.tha eatent not prolubited by law.Trustee shall make and deliver a deed to the Propam,r
<br />.°�.�"'"' all fees,c es and costs,shall pay ta Lend�r aU ,�::.
<br /> - . soid which son.�gya absolute titte to the pwd�u.�r:and after 5rst payiug �8
<br /> •v.,: maneys advanaed_for repaus,taxes,inst�r�aoer licais,asses�eats and priot encumbrances and interesc thereon.and tha �
<br /> '±r f:�. �f aay,to Grantar.i.ender may purch�e diR Pto�erty. ��-
<br />_=_ prnicap^�and interesE on the Secured Debt*Fa�v,"►ir�.the surp3us,�
<br /> -- 'I4a�c�ftais in any deed ef conveyanos sftaIl isi:�una�.cie c.��ce of tit�facts set farth thereia.
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<br /> ' All remed€es are distinct.cumui�tiVe�tct nut exelasive,alrt�t�e Lender is entitled to all remectiES psm�dt9�d et�fn�i�or
<br /> ent on the
<br /> �,; ;- a1�Y•�►ether,qr�not expressiy yet f�tli..'Etir�ar,�ePtance isy Lender af any sam in payment ur ptuf�F'�PaN� �
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<br /> Secured Debt aftar:Uae balance�s dfis 1sr i���G=rated or after foreciasure praceedin�s aie 81sst1��uai constitute a
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<br /> waiver of Lender's�ght ta require cautpi�.c.'t�+t'e af a�►Y e�sdng defaul�By ttot eserasing any�tedl'Qn Grantor's �_�
<br /> • default,Lender does not twaive I.eader's r:�it;o later consider the event a default if it continnes or hap�ns again. ��-
<br /> ,.,�, 16� EXPENSES;ADVANC�S OM COVENANTS;ATTOltNEYS'FEES;COL�.EG'I'ION CO�'�S.Fa�cept when —
<br /> - � prolubited by faw,Grantor agr�to pay all of Lender's expenses if Grantor breaches any rovenant in this Secvrity _
<br /> ... Instrumen�Grantar w�also pay on demaad any amonnt inctured by Lender for insuring,inspecting,pre�nrin&or �-
<br /> • otherarise proteci#ng tIIte Property and Lender's security interest.These eq�enses m71 bear interest fram.ths date of L_
<br /> �' tLe payment until pazd in fv�13t the highest interest rate in e�ect�s�r�vided in the terms of the S�crx�tnd•De6t.
<br /> i�,,:; Gra�or agrees w pay all oa�a s-;�d expenses incurred by�.ender in coLuting.enforcu►�or pro3ec6ng Len�dn's't�ts =-_
<br />,-=_ � and tesuedtes undes ttus Sea�ui#�,Iastrumen�This a►aa�may inctu.c�e,but is�c�Gmhed to,attorneys'�� I�?Y
<br />_;���-_ cost.�,and ather tep�!expenses:'�ds Security Inst�ument sfiatl remain c�s`effect unti released.(3rantor a fypi+ .
<br /> �� .� for x�y recordatfo��uf such retease. � _ .
<br /> ��'" '� 1T. E�iWI1t,UNFi�'f�Si.1.�t�Y$t��1D H�',�gJS S�T�iNCGS.As used in this sectimn,(l�1�vironmenCal Iaw
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<br /> �•• �ia�ns,without limitation,dsc��prehenslve Environmental Response,Compeus�c�and Liab�Jity Aci(CER�CI.A.
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<br /> - 42 U.S.G 9fi01 et seq.).aa�s,7�d ather federal,state and local laws.regutations,a:�35.cances.wnrt or zs,ai�arney
<br /> general opinians,er interpre�ve letter3 conceminS the pu6lic healtb,safery,�velf�.^.�environment or a ha�.r�dous
<br /> � substancc:s�nd:{T��tazaedous Substaace means any toxic,radioactive or hazardous material,waste,poUu�tant or
<br /> A
<br /> contaminant WhisT�:�?�as clnaracteriscics�uhich render the subswnce da.���ns or potenfiaUy daagerou�to tho pu6lic _
<br /> A
<br /> health,safety.vr�re or environment'I�e term in�ludes,without�i.t:r�on,any substances defined as°hazaadou� r
<br />,^�s,,.: . �
<br /> ::.I�. „ noaterial,"�toxi^su2�staaces,""hazardous waste"or"hazardous subs�tae under any Environlaental Law:
<br /> Grantor tepreseats.warrants aad agrees tha� • :.'::�� .
<br /> A. Except 8s�reviously disclosed and acknowledged in writing�ft�ander,no Ha7ardous SyEstance is t'�,a�f be �-
<br /> � � located,stored ar released on or iva the Properiy.This re���tion daes not apply tr��11�quast3'itu�s of
<br /> . � Hazardous Substances that are gener�ly recognized to be appropriate for the normal n�¢,.�nc�m�iatenance of
<br /> the Property.
<br /> B. Escept as previausty disclosed aad acicnowl$dgeA in writing to Lender,Gaanoo�.�nd every tenant 6ave been,are,
<br /> • and sl�all remain in full compliance with ar►y applicable Enviranmental Law.
<br /> C. Granwr tfyall immediately aotify Ixnder if a release o�threateued relea.ce of a Hazardous Substwee c�ocst�s an,
<br /> � tmder or�ut tt�e nopercy or u�c;c b a��:�.0;,.`�:•n.....«......nmot Y nar rnn�rmi�E�lP�TAt1QTty.t�St1CT1
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<br /> an.event,Grantor sRall take all necessary remedi�l action in ac�ordance witln any Environmentat Law.
<br /> �. Grantor shall immedia��y notify Lender in�vanr"s.�3 as soon as Grantor�s reason to believe thore is any
<br /> . pending or threatened"a���,stigatioa,claim,or�rsoeeed�ng cetating to tha retease or threateaed reloase of any
<br /> � Hazardous Substanoe or the violurina of any Envuonmental L.a�a. � _
<br /> ' � ' 18. CONpEMiVA7YON.Grantor will�,ivc H.�e�s2er prompt noticrr of any pending or threatened�ion,by Qrivate ar �
<br />���`��''i ' pubtie entities to purc6ase ar teke any or a,�of the Property�through arndemnation,eminent cc�mtcs^an,or any other
<br />''`=��'` � means.CirAntor authorizes I ender to intetvene in Oranto�'s name in any of the�ove descn'h�W��ions or claims. _
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<br /> ,4,�;,} Orantor assigns to Lender the prooeeds of any award or eiaim for damages connec4ed with a condemnation�r oiher
<br /> . taking of all ar any part of the Property.5uch praceeds shall be oonsidered payments and will be applied as pnc�;,3ed in
<br /> � this Security Iasmiment.This assignment of proceeds is subjeti to the terms of any prior mortgage.deed of tras�
<br /> +� .�� security agreement or other 6en documen�
<br /> 1q IPVgUgprlCE.(;rantor shall geep Property insiued against loss by fue.Raod.theft and oti:er hazards and ris�s �
<br /> rea.`ona61y associated with the Property due to its type and lacation.This:nsuranoa shgll be maintained in the amounts _
<br /> ` and for the Qeriods thnt Leeder rcqu'ues.'i7se inswance carrier providir�g the insurauoe shall be cltosen by Graittor `,
<br /> . subjec�to I.ender's npproval,wIrich shall not be vnreasonably cvithheld.If Grantor fails to maintuin the coverage
<br /> '.. desen'bed abnve.Lender may.at Lende�'s option.obiain wverage to protect Lender s rights in tho Property according
<br /> to the terms of this Security Instnunent.
<br /> ' pU insurance poliaes and renewaLs shFill be ar�eptabte to Lender aad shall include a standard"ntort�ag�e claase"and.
<br /> � where appticable."loss payee cZause."Graat�r shall immediately notify Lender of cancellation or term�nation of thc
<br />� ' insuranee.Leader sha116ave the ri�t to hold she policies and renewais.if Lender requires.Grantor stEaU immediately r
<br /> � � give to Lendcr all reoeipts of paid premiums nnd reaewal notices.Upon loss.Grantor shall give immedia�e notice to -
<br /> the insurance sarrier aad Lender.Leader may make proo!of loss if not made immedIatety by Grantor. _
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