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- • T.�. . <br /> -- - � <br /> :_.���.._:__ . . _ - = --� _» -- <br /> �� —==_--- _ <br /> 96— �,�a�0� <br /> thc�Prop�rty Is w tak�n or d�maped,L�nder shall hav�th�opti�n.In Na wl�and 6�baoJuta dlsCrid�r►,tc�apply�tl tu:•�nti1;•iv�:� <br /> •tkw cwducUnQ thar�Gom atl coata and sxpmsaa incurrod by it in cOnn�CtiO�t with wCh ProCa�da,upon�ny IndabLOd:�a�tr:ii r a <br /> t�r�y�nd in�h tud�r r,�Le+�d�r nwy dot�umtno,or to�pply all cuch Proc�a.iA afWr puch d�lucUons,to t�a ras.Usa�;r'1�.d�7tA <br /> Prop�ry upon w�:i��w�w:;uo�►.:La��d:.:m;.g d:.:;.rmino.Any a��llcatla�o'F'rc:.:.:�s t�In�:.S•.:..'"n�:r:�!!nrt e��r3 0�p�:tFo:�o <br /> �M duq daW at tny p�ymenta under the Note,or cur�any dstault th�reunda►or he�und�r.My un�pplird fund�shall�p�W W <br /> Trusia. <br /> 8. P�elorrnanc�bY L�+►d�r.Upcm the occurrence of on�v�nt of Dataulth�round�r,or tt any�4t I�tak�n or I�pal proca�dl�y <br /> co�Y►Tanc�3 tihlch inat�RaPy atiaci�lo�uar's intareat in the Propariy,Londar mrry f�i(W owi►�1iCr:UOtL b:st uithout a01lp,zU;.n ta d� <br /> so,and without notic�to or demand upon Trustor and without r�taaslnfl Truaw�from any ubJlQation,do any act which Trwtor nas <br /> �r�d but I�i�s to do and m�y atso do eny othsr ect it da�ma nacossary W Froi�cl tho�curity Fwroof.Trwtor shail.lmnteill�LCty <br /> upon damand ther�fer by Lender,pay to lendor al!Co3ti And�xponses incurroci and sum�oYpend�d by Land�r ln canrwCGon with <br /> the ex4rcise by Len�e�oT the forepolny riphl8,toflether with InterYSt thoroon at tho dafault rA!a providid in tM Nat�,whlch ahall b« <br /> added to tho indeloia�ness secured hereby. LencJer ah�tl not incur any IlaDifity DeCauao of anythlnp it may do ar omit ta do <br /> I�rounder. <br /> °. Ha2�►doua IlAalotWlt.Trustor shall keep the Properry tn compli�nce witn atl appticable law�,ardinancoi and r�pulution� <br /> relatinp to industrial hypione or environmental proteCtion(ccltpclively reterred to horoln oa"Environmantal Ulwi").Tiwtor�11 <br /> keep the�rc�a7ly tree trorn ell substances deemed to be hazardoua or toxic undar any Envtronmental Laws(coliectively r�imrr�d to <br /> herein as"HA"l�Yi10U9(V'IAL0Ild19").Trustcr hz:�by warrants and�eprese�te to Lendet thqt ths�o aro no Haz�rdou�0.laNrlal�on a <br /> under the f�ro�►arty. 1'rusta�hereby ayrees tr��4��nniiy ar��3 ho!cl harmtasa Lend�r,Ito dircctors,oHiccrs,empla,eee nnd a�snt�,sr.d <br /> any succesaors to Lendor'a Interest,trom ar��a�a:nst any and all claima,damagea,losses And Ilabllltiea arlsinp in Connectian with <br /> the presence, use, disposal er transport c�'��y �azardous Materials on,under,trom or about Me Property.TH�FORE�l01NQ <br /> �'VARRANTIES!W D REPR�SENTATIOh.�ANi3 TRUSTOR'S OBLIGATIONS PURBUANT TO TNE FpREGOtNQ INOEMNIN.SHALL <br /> SURVIVE Fi��OKVEYANCE OF THIS C�ED OF TRUST. <br /> 10.Awl�nnwnt ol R�nt�.Trustor h�reby assigns to Lender t�e rents,issues and profits o1 che Property:provided that Yruator <br /> shall,untll the nca�:rrence oSar Event of i�afault hereunder,have the right to collect and rotaln such rents,iswea and prutits a�th�y <br /> become due an3�yaD�e.llaan the xcurrence o1 an Evant of�efauU,Lender may,elther in person or by aflent,with or v�ithout <br /> brin�iny any acticn ur pr�eeding,or by a receiver app�inted by a court and wiihout reyard to tiie aciequACy of Its seCUrlty,sntsr <br /> upon and takp pass�s.�1..�oi th9 Propertv,or any part ihere�},in its own neme or in the nama of the Truotoe,and do any acts which it <br /> deems necc�5sarv o�deai:aDta to prese�e thavalus,marketability or rentabiliry of the Property,or en�paR thereof or interast therWn, <br /> Increase the income thareirom or protect tho security horeof and,with or althout takln9 possesslon o1 the P�operty,eue for cu <br /> otherwlse collact the rents,i3sues and�roi�ts thereof,�ncludiny ihose past due and unpaid,and apply th3 esme.lest cosi�and <br /> expenses a1 op0ration ar,c�collection including attorneys'fees,upon any Indebtedness secured hareby,ell ln auch order As�.�nd�r <br /> may dete�mine.The enterin�upon and taklnp possession of the Property,the collectlon ot such rents,issuea vnd proflts and th� <br /> epplicaUon tt�reof as at�+r�aid,shall not cure or walve any cfef�ult or notice of deTault hereundar or invaudata an�r act don�(� <br /> response to such default or pursuant to s acA noGce of default and,notwlthstandlnfl the continuanco in possesflon of t1w Prop�rty or <br /> Ne collectdon,receipt and appllcatlon of rants,(ssues or profits,and Trustea and Lender shall be entiUed to�xeraise avery rlQhi <br /> provlded!or in any of tt:e�►oan Instruments or by law upon occurrence of any Event of�efault,inctudinp wlthout timltation tt►�rlyht <br /> W exarcise the pov�er of sa;a.Further,Lender's ri9hts and remedles under this parayraph shall tse cumulativa with,iind In no way p <br /> 9�mttation on,Lendar's rty�va and remedles under any assignment of leases and rente recorded aSalna4the P�operty.Lander,TrueiM <br /> and the receiver shall be )iable to account only for thosa rents actually received. <br /> 11.E�rM+b of Dofauit_Tfie tollowlnp shal:constitute an Event of Dpfault under thls Deed ot Trust <br /> (a� Fallu►e to pay sr+y installment of principal or Interest of any other sum secured hereby when dua; <br /> (�)A preach o!Cr defaufl under any provislon cuntalned in the IVote,this Oead ot'frus�any o1 the Loan Instrum�nts.or any <br /> other Uen or encumbn�ce upon the Pr�perry; <br /> (c) A writ of ex4cctt:��n or ettachment or any slmilar process shall be ontered a9ainst Trustor which ahal!becom�rs It�n o� <br /> the Property or any portion thereof or intereat therein; <br /> (d) FAere shall be flleol by or asalnat Trustor o�8o�rower an actlon under any prasent or futu�e fedaral,stat�or ot!►W <br /> SiiZliu7.ii�►vi te7�iiidiiui�i6iuiii�y Zv a`+-etiw7iJNwji.iTi�i�oiii:j vi'vt�ioi foiivr iv:i3vh�0�:vC Z:ii3iC:t'.«i:��r.'�i.�ij.'3:t:�w.."��SSj::L'5.�� �—� <br /> receiver or Itquidator ot Yruator or Borrower or of atl ar any part oi the Property,o:tha re�ts,issuea or prof�fis tiwanf,a=rwWr <br /> or Borrower shal!make any penaral assiynment tor the benetit ot credito�s: <br /> (e)The sale.dansier,tease,assignment,conveyance or further encumbrance of all or any part o1 a any Inkrast In the <br /> Property, e(ther voluntarlly or invotuntarlly, without the express written consent of Lender, provided that Trustor shull be <br /> permitted m axecuts a lease of the Properiy that doea not Contain an option to purchaso and ths term ot whkh does not axcsW <br /> oni yoiir, . <br /> (� ACandonment ot the Property;a <br /> (gJ t�lfrustor Is nclan indivldua�,the Issuance,sale,transter,assignment,conveyanca or encumb►ancs ot mor�than�totsl <br /> �t percer�i rot tif a corporatlon)its issued and outstanding stock or(if a partnershlp)a total ot_�—p�rc�ni ot <br /> psrUtership interesb duriny the period this Deed of Trust remalns a Iien on the Property. <br /> 12.R�Acc�tbn Upon DNau161n the event of any Event of Qe!ault Lende�may,withous notice except as requirsd by <br /> law. declare ati indebtedness secu�ed hereby to be due and payabfo and the same shatl thereuAon becpme due and psyabls <br /> without any presentman� demand,protest or notice of any kind.Thereafter Lender may: <br /> (a) Demand that Trustee exercise the POWER OF SALE granted herein,and Trustee shall thsreatter cau�Trustor's <br /> interest In the P�ope�R9�lo be sotd and the proceeds to be dlsVibuted,all ln the m.anner provided io the��ebraak�Trust O�sds <br /> � <br /> (b) Exerciae any and a!I riflhts provided tor in any of the Loan InsVuments w by law upon xcurrence of any Event af <br /> Dofau��a+tid <br /> (c� wommence an action W forec7ose this Deed oi Trusi as s mortflaye.appolnt a receiver,or speciflcally entorce any ot the <br /> Covensnls hereot. <br /> No remedy hereln conferred upon or reserved ta Trustee or Lender is intended to be e�ccluslve ot any oiher remedy hereM,In th� <br /> Loa�Instrumenta or by law provlded or pBrmiBed,but each shall ba cumutative,shall ba In addition tc every other rem�dy�lvsn <br /> hereunder,in the Loan Instruments or now or horoatter existinp at law or in equity or by statute,and may be exarcisad concur�aody, <br /> utdope�ndent{�e r�r successivety <br /> 13.Tno�The Trustee may reslQn at any time without cause�,and Lander may at any Urne and without cau�e eppolnt a <br /> saccessor or svbatitute Trustee.Truatee Shall not be Iiabfe to any party,including without IimitaUon Lender,Borrowar,i ruator or any <br /> paucha�er ot the Propxty.�or any loss or damage untess due to�ecktess or willtul misaonduc�and shall not be raquired to tak6 any <br /> Eclion la connecliQn re:�!4e�!f14fC?.T.9Rl 4}ihlS�39d Qt Tr•.tSt t1R4L54 ifl49t!'!Riti2+�.in writin�.for all coete.comganwtbn or <br /> expenaes which may be ai�,sociated Sherewith.In addition,Trustee may�cama a purchaser at any sale of the PropeRy Qudlcla!or <br /> under tha power of sale granted herein);postpone the sale ot a1{or any portion ot tha PropeRy,as provlded,by law;or sell tfte <br /> PropeRy 3a a whofe,or In separata parce1sar lots at Trustee's discretion. <br /> 14.Fa�s sed Exp�nsM.In the even!Trustee selts the Properry by exerclse ot power o1 sate,Trustee sha11 be enUtlW to apply <br /> any sate proceeds flrst to payment of all costs and exasenses of exercising power o1 sa1a,inctuding all Trust6a's fess,and Lendar's <br /> and Trustee's attaney's tees,actually incurred b ex�snt permitted by eppllcable iaw.In the event Borrower or Trustor exercises any <br /> rlyh4 provid�d hy law to c ure an Event of Delaut�Lender shall be entitlod to retover trom TrustOr all costs and expenssf&ctually <br /> incurred as a result of TrusioPs defaul� inc::.dinp without IimitaUon al!Trustae's and attomey's teea,to the extent permittsd by <br /> appllcabte law. <br /> 15.Future�dvanc�s.Upon request oi Borrowar, Lender may,at its optlon,make additional und tuture advancee and re- <br /> advances to Borrower.S•�rach advences and readvance5,with interest thereon,shalt be secured by thls Deed of Truat At no Uma thall <br /> tAe principal amount of th�indebtedness secured by this Deed ot Trn9t not includln;,sums advanceJ to protect the sscunty ot this <br /> Oeed of Truat.excead tha oripinal principal amount sfated herein,or S N/° ,whlchever is qreater. <br /> ,,•�<<�... <br />