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<br /> c�rcute� far ttw �urpoxi af ctratinF,ucuring i+r Ku:�rant}�ink thc Sccur�d D�bt, A �;cxxf f�ith t+elief h�� l.ender that
<br /> I.cit�i�r at any tuu.u 1�s�:cuf�w�ith rrs�cct to ctny{krson ur cntity c�hligatr+l�tiii thc Securr�i lkbt ur that thc prc�pcct _
<br /> oi any pa}mcni��r ii��vaiu�o�i�c:`TM.��w:iy is 6rnp»irtti s3►s!!st..,��,��t�t�►t.•an e�•ent of de[uult.
<br /> 15. R�MEUIES ON UEFAULT.In scunc instancxs, [c�ral and statc law will rcquir� l.endrr to pri�vidc Grantur with
<br /> nutice oP the right ta eure ur othrr n�►tie�s and may rstablish time schedutcs far furecl��ure aetianc. Suhject to these
<br /> limitatiuns,ii any, l.cndcr may a«rl�t'at�th�:Sc:curcJ Debt �nd lorcclase ihis Sccurit} In+trun►cnt in a manncr
<br /> praviJed by law if E;tuntc�r is in defseuU. -
<br /> At t�ic uptlrni oC Lender,all o�any part ut th�agreeJ f�es anJ charges,accrued interest and prinripal shali hecc�nu
<br /> immediatclv due and payable,atter givin�;n�ticc �F reyuircd by law�, u{xin the uccurrence uf a default or anytimc
<br /> thereafter.[n addi�ion.Lender shall tx entitled te�aU tlu rcniedies pm�•idcd hy lau,tl►�t�rms uf�hc Sccured Dcbt. _
<br /> this Security Inctrument and uny rclat�d�kxuments,utiduding withaut limitati��n,thc paw�ee to xll the ProExrty.
<br /> If thrre is a detAUlt.Trustce shall,in addition to any ather permitted remedy.at the rcyuest ut thc I.ender,advertise
<br /> and sell the Property as a whole or in separate parcels at public auction to thc highest hidder for cash and canvey
<br /> absolute title trec and clear of all right, titic and mterest uf Grantor at such time anil place as Trustee designates.
<br /> Trustee shall give nolice of sate including the tintc,tem�s and place of sale a►u1 a�,:scription of thc property to be sold
<br /> as reyuired by the appticable law in effect at the time af the propased sale.
<br /> Upon sale�f ihe property and to the extent aot pra:�ibited by law,Trwtee shall make and dcli��er a dced to the Properiy
<br /> sold which mm•eys absolute title to the purchaser,and after Crst paying all fces,char�cs and casts,shall pay to E.t:nder all
<br /> moneys advanced for repairs,taxes,insurance,liens,assessments and pnor encumbrances and interest thereon,and the
<br /> �r����ipaD and intc:�st ch:h�c����_��hr,�yinc�hc�.umlus.if any,to Grantar.t,ender may purehase the Prcy�erty.
<br /> 'Il�e recitals in any deed af oonveyana:shall be prima facie evidenoe of the facts scc fcuch therein.
<br /> All remedies are distinct,cumulative and not exclusive,and the Lender is cntitie:�tu all remeslics provided at law or
<br /> eyuity,whether or not expressly set furth.The acceptance by L.ender af any sum ica�.�+yment or partial payment on the
<br /> Secured Debt after the balance�s duc or is accelerated or aftsr foreclosure proceedings are Ciled shall not constitute a
<br /> waiver of Lender s right to require compiete cure of any existiug�efault. �y not c�crcising any r�m�dy on Grantor's
<br /> default.L.ender does not waive l.en�ier's right to later consider the event a defaalt if it continues or happens again.
<br /> 16. EXPENSES;ADVANCES ON COVENANTS;ATTORNEYS'FEES;COLLECTION COSTS.Except when
<br /> ptohibited by I�w,Grantor agrees to pay all of Lendcr's expenses if Grantor breaches any covenant in tt►.�.Security
<br /> lnstrument.Grantor will also pay on demand any amount incurred by i.ender for insuring,inspecting,presrrving or
<br /> othecwise protecting the Property and I.ender's security intcrest.These expenses will bear interest from the date of
<br /> the payment until paid in full at the highest interest rate in effect as provided in the terms of the Secured Debt.
<br /> Grantor agrees to pay all costs and expenses incuned by Lender in collectins,enforcing or protecting Lender s rights
<br /> and remedies under thic Security Instrument.This amount may include,but is not limited to,attorneys' fees.court
<br /> costs,and other legal expenses.This Security Instrument shall remain in effect until relzased.Grantor a�s.�s to pay
<br /> for any rewrdation costs of such release.
<br /> 17. ENVIRONMENTA[.LAWS AND HA7.ARDOUS SUBSTANCES.As used in this sectiort.Fi3 Environrttental Law
<br /> means,wichout limitation,the Comprehansive Environmental Response.Compencation and Liwt�iliry Act(CERCIA,
<br /> �2 U.S.C.9601 et seq.),and all other federal,state and lacal laws,regulations,ordinances,court orders.attomey
<br /> gr�neral opinions or interpretive letters conceming the public health,safety,w�eifare,environment or a hazardous
<br /> subst�nce:and (2)Ha�ardoas Substance m�ans any toxic,radioactive or hazardous material,waste.potlutant or
<br /> contuminac*. v►hich has characterictiGC whic8 rendec the subsiancc dangerous or puieniixifp ai+uigciar�t�:!-�:.�,;i�:::. - -
<br /> nealth,safet�,welfare or environme�t. Tf�e term includes,without limitati�n,any substances defined as"l�uardous
<br /> materia�,""toxic substances:'"hazardous waste"or"hazardous suE+stance"tu�der any Environmental Law.
<br /> Grantor represenu,warrants und agrees that:
<br /> A. Exoept as previously disclnsed and acknowledged in writing to Lender,r.o Hazardous Substance is or wili be
<br /> located, stored or seleased on or in the Froperty.This restriction dces not app{y to small quantities of
<br /> Nazardous Substaaces that are generally recognized to be appropriate for the norma[use and maintenaace of
<br /> the Property.
<br /> B. Eaceept as previously disclosed and acknowledged in writing to Lender.Grantor and every tenant ha�e 6een.aze.
<br /> and shall remain in full oompliance with any apQlicable Environmental Law.
<br /> C Graetor sha!!immediately notify I.ender if a release or threstened release of a Hazardous Substanoe occurs on,
<br /> u�ier o*about the Property or ttsere is a violation of any Ea.ironmental Law conceming the ProperiY•i,��uw
<br /> an eti�:at,Grantor s.hall k.ke all necessary remedial action im aA;,ordance with any Environmental Law.
<br /> D. Grantor shall immediately notify Lender in writing as soon as Grantor has reason to beliave thcrc is any.
<br /> pending or threatened investigation,claim,or proceeding relating to the celease or threatened release of any
<br /> H�zardous Substance or the violation ot any Environmental Law.
<br /> 18. CONDEMNATION.Grantor will gi�e Lender prompt notice of any pending or threatened action.by private or
<br /> public endties to purchase�r take any or all of the Property through wndemnation,eminent domain,or any other
<br /> means. Grantor authorizes Lender to�ntervene in Grantor's name in any of the above descriHed actions or claims•
<br /> Grantor assigns to Lender the proeeeds of any award or claim for damages connected with a condemnati�or oiher
<br /> taidng of all or any part of the Property.Such proceeds shall be considered payments and wi11 be applied as provided in
<br /> this Secvtscb instrument.This assignm�ent of proceeds is sub}ect to the terms of any prior a:ofgage,deed of trust,
<br /> _ security agreement or other lien document.
<br /> 19� iNSURAhCE. Grantor shall keep Property insured against loss by fire,IIood,theft and other hazards and risics
<br /> reaconably associat�r�iL`�ihe Property duc to its type and loca6on.This inseran,oe shall be maintained in the amo�iats
<br /> - and for the periods tL•at f.,endet requires.�ne iauuance carrier providing ine i�auce stiali�choscn hy C-rantssr
<br /> subject to I.ender's approval,which shall not tse unreasonably withheld.If Grantor fails to maintain the coverage
<br /> described above,Lender may,at Lenc'�zc.'s option,obtain coverage to protect Lender's rights in the Property according
<br /> to the terms ot this Security Irutrwnent.
<br /> A11 msurance policies anci renewals shall be aceeptable to Lender and shall inclucle a standarc9"mortgage clause"and,
<br /> where applicahle,"loss payee clause."Grantor shall immediately notify L.ender of cancellation or termination of the
<br /> insurartce.Lender shall have the right to hold the policies and renewals.If L.ender requires,Grantor shall immediateiy
<br /> ; gave to Lender all receipu of paid premiums and renewal notices.Upon loss.Grantor shall give immediate noticc to
<br />_ the insurance carrier and Lender.Lender may ma3ce proof of lass if not rt►acle iwnediately by Grantor.
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