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<br /> �� ��'����;�.
<br /> ::� the Praperty in violationi f disclnarge at Borrower's costaandttj -_ =-_�-_�=._
<br /> and shall pay ancl prompt y °�';��.:..,,r;.
<br /> expesise all liens, encumbra y es and ���ereofed, imposed or 1,, _ , f
<br /> asseased aqainst the Pro ert or any P :����:j=
<br /> g. Eminent Doraain. Lender is hereby as9igned al]. ����4t.�R,
<br /> a �nts or relief �;
<br /> compensati.on, awards, damages aazd o�her p Y�► �'�,,_°-�,;
<br /> (herein�g£�epProperty or partntherevf,worhfornceonnveyance in lieu
<br /> n tioa to �-�°
<br /> taki g ,°'�-�"•_
<br /> of condemnation. Lender shall be eat3tled, at ita op . �;�:.-;..
<br /> � ,�--._
<br /> oo�ence, appear in and prosecute in its oatn n�� a com oYai.se�or �
<br /> proceedinqa, and shall also be entit te�in �or�d�m ge• pIn the ���
<br /> � se�t2ement in connection with sucln 9 ,
<br /> event any por�ion af �he Property is so tak�n or damaged, Lender �-
<br /> shall hane �he option, in fta sole and absolu�e disaretion, to �-�`��f-
<br /> • h
<br /> ' apply all such Proceeds, af�er deductinq therefrom a11 costs ar.u3 . .��+•,ry`
<br /> , �� expenses incurred by it in connection with such Proceeds, upo�
<br /> , any indebtedness secured hereby and in such order as Lender tnap -.;�;._�,�_
<br /> ��.�
<br /> � c�etermine, or to apply �11 such Proceee��o after such deductions, �v
<br /> " to f.�►e reetoration of ti�� Property upon suah c�nditiions as Lender ���,.,,,_.
<br /> may determine. Any application of Proceeds t a��ents�under th���
<br /> �' _::
<br /> � �' n o t e�c t e n Y l o r post pone th� due da�e af anY P Ym
<br /> �aso�r:�-�
<br /> �� Note, or cure aaY default thereunder or hereun d e r. �,�,;,,,�„.,
<br /> q. Performance by �der. In the event o�C 3orrowes's �-;.-=T.=
<br /> failure to perfarm any of the covenanta herein or make any pay-
<br /> v��
<br /> mente required bereby, or i£ any act is taken or legal proceediug r� L_
<br /> ^ .fa.
<br /> co���� Whi�b �aterially affeats Lender's interest in the ,..,f,.'. "
<br /> � psop��p, Y,e n d e r m a y im its osan discr�ttion. but without obliga- .. . r,_},, ,•,s.
<br /> i� :�: �
<br /> tion � +�o �o. and wi�Q�t notice to ��c demaad upon $�aQt�h i ch Yr`�
<br /> witinou� releaeing Borra�er frca� any obligation, ai o� �y ��er �����
<br /> the Borrower has agreed but fan.�s to do and may �'___-
<br /> ;'��..:. ------
<br /> . act �� deEms necessar� to protect the s���'L nderrepa� to�Len�er —=-`
<br /> . . shal]., immedia�ely up�m demaad there€e�c by y�nder in �
<br /> all costs and expenses incurred and s�uns expended b� . -
<br /> ____ �u�uj�c:ian -:sj t2: *�P exercise by Lender of the foregdi�,g righte, �'_:�:��:;:
<br /> . together witlz 3nte�est thereon at the defauie rate �s���.dc� �-Z � ;`
<br /> '� ;�, the N�te, which ehall be added to the nde tedness secured _ __
<br /> `� he�ceP��. bendar shall not incur any ].iab�lity because oF anything �_,_-,
<br /> - �• f�"- it map do or omit to do hereunder. , ��='�
<br /> Borrower shall �eep the �`����
<br /> �,... .
<br /> g. Hazardous Mat�sials. �,e_:
<br /> � aad ali federal, sta�e and local .�.•-
<br /> � � Property in compl ance witH a�y g iene� �"
<br /> _-�- la•:as, ord�.nances and �a�tionanonreun er r�abouts��aPso�e�ty.t _- _._.__
<br /> or to environmental c+� �' °`
<br /> inolud9.ng, but not 2fmited to, sofl and groundwaties. �onditionse
<br /> � � Truetor shall not use, gonerate, manufacture, s�ore or diepose of �n;.
<br /> � � on, uncler or �ou��ee�p losives�s�i a�atin mate 3.a s��hazardous � -
<br /> � �'x�� Property any flam� xP withaut �
<br /> ...:��: �
<br /> wastes, toxic substances or selated �na�erials,
<br /> incl�rrlsag.
<br /> � limitation, any substances defined as or inaluded irn the deff�i-
<br /> � tion of "hazardous subatana�a", "hazardous wastes", "hazardoue
<br /> � . ; nt�terials° or "�ax�� io�s{collecti4ely referred toa he�inafter �'�'°':
<br /> � `•�;.,� ordinances or requlat � way�ian�s aad re re- �
<br /> °`'� � as `6IIazardous M�t�eriala 1 . Borrawer herebY �
<br /> .:,.; �—
<br /> � � ��s��s to Lender that t�ere �are no 8a2ardous Materialrs on or under
<br /> � and hold �Y
<br /> �� Property. Bosro�s��er heseby agrees to indemnifY ____
<br /> harc�less Lender, its directoss, officera� employees and agenta, �,.��;
<br /> and any auccasaors to Lender's interest, fro� and against any and �
<br /> � �:;°+�:, a11 claitns, damages �nd liabilities arising in conaaecti�aaara ys �-
<br /> � ��� the psesence, use, storage, disposa�. mr franspert oE any �� :-
<br /> Materials on, under, from or about the Property, inc�uding, with- _.___
<br /> .� � �� ont 1im�tation. (a) all damages d�rectly or indfrectly arising :_-�
<br /> eneration, storage or dispasal of Hazardous �-:� .
<br /> out of tihe use, 9 riar owner or operator of �he �_--
<br /> Ma�erials by Borrower or any p repair, . �
<br /> � Property� ancl tbi all coats of any required or necessary
<br /> ' � oxification and the preparation of any closure or �,::3'°
<br /> c3.eanup oz det ;��_.,.
<br /> ' other required plans, vrhether such action ig regu3red os necee- �
<br /> .. � sary prior to or follov�ing transfer of title to the Property, to
<br /> the full extent that such action is eneration,� storageeC=elease, �.:
<br /> _. __ �n��r�ctly, to �he presence or use, q �;,
<br /> � threatened release or disposal of A�i'Ldi:�0ii5 Phat�ri�ls t�y any � _
<br /> CYYy.�
<br /> . ' � person on the Property prior to trans£er of title theseto by __„__.
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