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<br />'�•� _' -p�oCeeda°)tn�nnect�n vritfi condemnation or other mking of ti�e Praperty os part tP►ereof.or far canwyance fn iteu ot ccndemnaticn. �•
<br /> � Lender s�al1 hv entiiiiad at tss optton ta ccmrrtsnce,appear in and pmsec�te�n its oWn nama any action ar pra�s��mgs.er►d Eha11 a�o
<br />' � bs esYu�e,d b r�a�ce arry�ransisa a�€�tttsmsnt in cot�nQ C t ton�v i t h su c h t a k[ng or dama g a.tn the evant a r►y perttan of tt�e Prapsrly ts =_:_-:
<br /> co taken or damaged. �ender shail have tgae op�or�in fts�ate end absotuta discretion,to app�y ett such prooeeds, a�ter deductt� .n, ..:
<br /> theretcom all cas�ertd exp2nsas incvrrod by it in connecUon with surfi Pdooeeds.upor.eny indebtedness secured hars�y artd in cud► __
<br /> ' ord�r es Lendsr m�y dstermine.or te aAPty ail such Proa�&ds.aftor such deQucttons.to th�restoration oi the F�roPer4f►u��� '=-:
<br /> �ttans as Lender may etetemUne.Ar►yr apFUc�ticn of Frocee�s to indsOtad�►ess shati not exfend or pastpo�e the due dgte o!arry pay- •.�.
<br /> ments under the Note.ar cure anY deSaul7 thereunder or hereundar.My una�ptietl funds shall tr�e paid to T�usOor. �pr��n9 �.
<br /> ---- 8.Partomtance�y1 Lmnder.Upon the occurrenoe ct an Event af QafauR hereunder,ur if any act is taken or 1 ._.
<br /> commenr�d whc'�nsatertalty afiects Lende�s iniarest in tha ProA�!►.Lendar may In iis own distxe�on,bui w(thaut o�Sgatioco tq do so.
<br /> " and yritttoai notice to or demand ujson Tn►stor and v,riihout reteasIm�Trustor iram any ohligation�du arry act which Trustor has agraed
<br /> DO •°,�'
<br /> but fa[!ed to da artd may atso do atiy oYltSr act it deems n2cessary to pmieCt the sscuri4y h�reflf.Ttus[at slta0.immedi�tely upon -.�
<br />--�= der�r'�d thare'.or Dy L�strtsr.Pa�tn t.endsr�!!cQSis end expansgs Irtcurred and sums expemisd by Lender in connection vrith ihe exQr- �..�:
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<br /> cise by Len�er ot the toregctng dghts.t�ther with interes3 thereon at the detauft�ats provtdad in the ftiote.whfch shail be addsd to �.-.
<br /> the indebtadnass secur+ed heteby.Lendsr shali no4 incur any liabiliry 6ecause of aa]Itbing it may do or omit ta do h�reunder.
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<br />.._�;:�� 9.ala�daots�rQata Trusior s4�all keep tf:e Proporey in compUance wIth all eppficebie tavrs.ordinances a�sd regulai�or� :',_
<br /> '-' '° ceiating to i�ia!hyg.+ene or environmeMa!psotadian(cnllrct[vaty�terred to herein as`Environmental L�ws").Tncstar ahai!l�aeep �Xr'
<br />- �� ttte Property lre�4�rom aff suDs4ances deem�tl!o he hati3rdous or to:�c under any Enviranmsntei Laws(ootiectively referced tu heem�n -
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<br />,���'``� as'Hazardous�Tatariats).Trustor hereiay Nrarrants tuttl rapressr�to l.ender that thare are no Hazardoua Matedats en or�mder� ��:�.
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<br /> i.:;��: ProRertf►.Tnistnr t�e[ehy a�ees to inder�sn3tyt and hokP ub�rmYesa O.ender.its direstars.afflcers.empioyees and age�s.and arry suooes- �
<br /> sors to Lendefs ittterest�from and against arry and e11 ctaims.demaBeE.tossss and liabttities arlstng in cannertian with the presence.
<br />>';}i.':� use.d�l or trans�ort of arry Ha7ardous Materials on,under.fram or abaut the Property.THE FOREQO�Kti WARF3ANTIES AN� ��
<br /> REPRES�NTATIOi'iS.AND"fRUSTOA'S OBUGAT{ONS PU6iSUANT TO THE FOREGO1Nii INDEII�NITY, SHALL SURVIVE --
<br /> RECONVEYANCE OF TH1S OEED OF TFIUST. �'
<br /> 10.As�{�finents at i80nta Tnistor hereby asstgns to Lender,and grants 6endar a�cusitY inte�st Gn.aU Rcasent,tuture and ��
<br /> "`' after adsing rents.issu�s�d pmfits ot the Peoperh:Prov(ded that Trus�r shatl.�si�e aa:urrence of aa Evr�f�Defauft,hereimder. �_;�
<br /> `,..`�., have the rt�t to�itec!and ratain such reNs.issuas and profits as they deooma dur�-�td payabte.Upon the�nce of an Event of �_
<br />,',�: DetaWt,lsnder may,either in pe�san or by agent,with or without bringing a►ry ac�on or prec2eding,or by a r�Ner appaInted by a
<br /> • oou�t arxi wt�hout regard t�the adequacy of iits security.enter upan�rsd take possessfion of the Frtraarty.or any part therec�.tcn�� own �.�•��
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<br /> ,. , name or in the name o!the Trustes.and do any acts whIci�it deems neoessarSt or desira�te t¢presenre tlse vatue.m2��'�bility or
<br /> renta6aity af the Property.or any part thereof ar ir�ferest therein,or to increase ths incame thereirom or pmtect t�"a secur[ty hereof snd.
<br /> � with or witttout takIng possesstan of the Praperry.sue tor or otherwise collect the rents.issues and profits th�m�Indu�ng ffiose D2st -
<br /> due and unPatd.bY not�yting tenanLg to make payments to ksMter.Lendor may aPPIy rents.issues and pc�,R�oosts ar�d expens- �
<br /> � • es af�and caftactfion(ncluding attomeys feas.L�arry indabtedness secured hereby.2'!��s��;r.,�er as L.endar may deLBr- �_._-
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<br /> mine.Tit�m�ring upon snd taWng possession of the Property.the cotlectlan at such rertts.i����fiYs.end tlie app�Ca6On
<br /> thereaf Fr,�resatd&hall noi cure or walve any de4ault or notioe af defauit hereurxier or imrr![s����ne in cesponse to suct�
<br /> ! deTauD or pursuant to sucb notic�ot clei�auii�ui.it�tx��tuing�►e co�,-an�tss pas�^^^iaa af!t��.'�fi;ot!!� 1° ^�. _ —
<br /> �'� � receipt and appiicadion of rertts.issues or p.rofds,Trustea and Lender sha11 be enUffed to exerclse every dght�iavlded tor in any of the
<br /> f::;: � Loan{nstruments or by taw upon occurrance of any Event of Defaai�,tnciud�ng wiUwut iimitatian tl�e righ3 to exercise the pawer of sate.
<br />'�:�r�S.`' Ftrther.L2nQers dghts and rernedtes��der this patagraph shalf 6Q cumutative w(th,and in na vs�.y a limitatlon on.Lsnde�s r�ts ert0 t-'A'-
<br /> �`-r-' � remedie.s c�.tler any assignme�ot tsar�s and rents recorded agatns-t the Property.Lender.Trustee end the reoeiver shatl f��iabte to
<br /> `� • acocunt a,�+Jy for thor�e rents actually re�ved• �`
<br /> 1 f.Ewnb of Gahult The fallawing shali oonstiwce an Event of Detauft under this Qeed of Trus�
<br /> . (a)Fapure to pay arry tnstattmern o}pdncipal or imerest of any other sum secuwd hereby when due: - -
<br /> ' (b)A breacti af or delauft unat�nr any provtsior►oonteined in the Note,this Deed of Trust.a�ry ot the t�n instrwnerns.o►si►Y
<br /> other 6ea or encumbranca upon 4'r.a Rropertyr, f�`"'=
<br />` (c)A writ a!executi�on or attat�hmer�or any similar process shal!be entered against Trustor whic0�shai!62coma a Ilen on ;- -
<br />:,.�`' tf�e PtoAert�►or any PorrUoc�thereoi or interest thereirr. -___
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<br /> � (�There s4�ali be fited by ar egainst Trustor or�orrower an acflon under any present ar future tedaral.state or ett�er st�te.
<br /> (aw or regu(atbn retaUng to bankruptcy►,insolven�.y or other cetisf tor debmr�or there shall be appointed atry trustse.ceCeiver or ���
<br /> " . IiquldaLot af Trustor or Borrower os of atl or any paR of the Property,or tho�nis.issues or profits thareot.or Tnutor or Berm�rer
<br /> � shali make a�t�enerai asstgnm�ms torthe benert ot ccadiw�
<br /> (e)'fiie safe,tran�ar.taa� -^�'.�'gnmsnt c�s='eY�s��?Aher er�miDrence ot e11 or am�part ot or any tntFirs�A tn tt�e �_'
<br /> � Properryl.either voluntarfty► or invotuntafity.wfttwut the express wrttten cor�sent o!l.snder.provldad that Trustot si�ati be petmi4-
<br /> �. . ted ta execute a lease af tha Property that dcr,�3 not oonlain en opSon to�aa;chase and ttfe term of whk�does not exceed one e=
<br /> yea�:
<br /> (�/Iberxtorur�snt of the Property;or .
<br /> � (g)It Tnistor Is not an indr�t2:ia1,the issuance.sate.tranafer.assignment,oonveyance or enambrar�ce o1 more than Qf a
<br /> corpo�tion)a totel ot percent o4 tts issued and outstand(ng etock,or(ft a pa�ership)a totaf of Oer• �
<br /> cent et partnershfp tate[ests,a�r;;,i e Itmited liabiliy company)a tataf of perce�t af the limited Habillty cornAa-
<br /> �y Mterests or vattng dgh�s ;.. tne F�'[ad�is deed o!Tr�st remalns a tien on tt►e PraDeRy
<br /> �• 12.R�n�sdt�s;Actsakraitnn GJ�a�4.In the oveM ot eny Event of Detautt Lender may.withaut nottoe except es reqaired
<br /> • . by taw�dectare ell Indebtedness seairuc1 t�ereb}/to tre dua end Dal�abie and tAe same shall thereupon b000me due end paYabfa w�h- �Y T:-
<br /> out erry p�sentrnent,demand.Prote��rr r,otks ot arry Wnd.There�fier Lender may: _.
<br /> � (e)08mand that Tnistee eu�se the POWER OF SALE g►anted herein.and Tntstmc�:st�ail the�eafter cause Trt�e inter-
<br /> ' � est tn the PropenY Lo be sdd�A�e proCeeds to bo dsbribuced.all in 1he manner praYidied in the tVebra�Tn��14c� �
<br /> � ' (b)Exerc�se any and all rights provided tor in eny of the I.oan tnstruments or by tav�upon aa:�crron�ce c9�I�es►t o! _
<br /> Defaut�end � .0
<br /> (c)Commence an acHon�i�re�tose thia Oeed ot Truat s�►a martgage,appoint a receiver,or speciftcalty erti�eny o?the
<br />�..•�� �a�arsts heteol.
<br /> No remedy hec�tn oonfeRed upon ar r�served to Trustee or Londer is intended to 6s exclusiva of any other remsdy herein,in tha Loan F� - -
<br /> tnstrumerMa or by taw prav39ed or pem►itied.but ea�h shall be cumutative.shatl be in additton to every other remedy given hereunder. �
<br /> � in tne Loan(nstruments or rww or hereaftar existlng at law ot in equity or by slatirte.and may be exerdsed�ncurtenUyl.lndependentry m
<br /> or suxest+rely. �-- "._
<br /> � � 13.TrustM.The Trustee may resign at any dme without cause.and Lender may at any Ume and without cause appoint e sua
<br /> � oessor or substiwte Trustee.Trustee shalt not be liabte to airy paRy,incluQing withoat limtteuun�snder,Bcnower,Tn�stor or arry put• � �
<br /> chaser o!the P�opeRy.for any toss or damage unless due to recideso ar wiltful miscandur.t.artd shall rtot be required to fake arry ecUan �:--_
<br /> • in connesti�an witb the errtamement of this�eed of Tnist untess indemnifled,in writtng,ta3 rsl&costs,compQnsat3on or e�ensea wi9ch
<br /> a
<br /> � may pe assoctated therewith.in addition,Tnutee may become e putchasor at arry s;�s at Uso PropeRy Qudicial or under the pawer o9 �
<br /> . � safe grat►ted herein);pastpone the sate of e!I or any po�Uon ot ths PropeRy,es praestd�'�bia lr H:or sel!the PmqeRy as a wt�ole,o►Tn �._,,.
<br /> separate part:ets or(ots at 7rustee's discro8on. -
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<br /> t4,Fi�i�nd F�p�risos.In the event Tn�siea setts tfia Proparty by exsrcts�at povrer of safe.Tnrstoe ehall�8 eniitted to appy ��_
<br /> �, any sa1�proceeds first to payment of aU casts end expensos o!exerclsing power of sal g,induding all Trustee s fees.and Landers and �
<br /> � � Trusi20's attomey�s tees, actuaUy incurred to extent permitted by epplkabte taw.ln the everrt Borrower or Trustor exerc€�es arry�f�t _,�
<br /> providad by taw to c�t�e a��Evant oi Dotaul�lsnd8r shall be enti!!ed to recaver fcam Trustor all costs and e�enses ech�aly incurrad as �j�;_
<br /> ' a result of Trustofs defaut�tnc(uding urithout Ilm(tatton�II Tn�stee'e and attomsy's fees,to the e�c[ent pertni'�ted by applicabte law. —:R-
<br />' , � .. 15.Futuro�firances.Upon request o!Borrower.Lender may,at its opUon,make addiUonal and future advanoes and read� '�
<br /> _ vetitce�i�So,�r,we�.auc+`�aGrar�c$��radvass�.�f3s i�trr.::!ttsrtsan.�.e!!�s Qs�.�red hy th!s�eed a!Trust.At no time shffi1 th� � -
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