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<br /> 1'3..LEHDER'9 F1!(iN8 TO COMlAENCE OR DEFEND LEQAL ACTIOh19. Grazrto►chnll Imradlately provldo Lcnder wlth w�itten nmlce of any actual ar _
<br /> • threatone�!aclion,suil,ur ottier procoed�nfl aHectirt,�tho Propony. Grantor hnrcb/appolnis Lcndar as its attornnyIn•fect to comrrwnco,Intorvana In,and
<br /> � • d01COCI GUpI zZLtltm�,cultn,or mhor Icpsl prar,�edin{�s and to eon►xoml:o or Fnttlo any Galm or controvorsyp�rtolninp thoroto. L.onder shall not bo Ilebto ta
<br /> ' Cr.nto•r(or nny nc4lan,onor,mistelco,oml�slon or dOfay porielnln�to tho ac�pn�L q�h bcda Q,hna�p�a9raph or eny damaga3 rosultlnp thnrofrom. Nothinp
<br /> comelned horsin wlll provom Lcnder(ram tcldnp thv uctlono d��ulncd In this
<br /> 1�1� INDEAMIIFIGATION. I.ond3r ehell nat asnume or be responsible for tho parlormanco 01 eny�t Qrttntora o41!gatlons�vith rospoct to iho Proporty widar ��.
<br /> any dreurtxtrr.cai. (3n:ntor shall Imrriadlately�rovide Lender w0h wdnen rASlce of and Indertnity end hotrl Londar and(ts shareholders,directors,o�icers �u
<br /> omploye�e end a�►nte harmiaea Irom ell dalms,darn9gea,Ilah�litlea(InducNig enorneym'fees end legal expensea),causos of action,actiona, culte an� _�;
<br /> othpr Ia9ri prac�cYnps(cumulatfvely"Clalrro')pertalning to the PropeAy(induding,bul not Ilmlted to,thoso Involvins Hazardoue Mntorlels). Lirantor,upon i�__
<br /> th�reqw�t oi LsncMr,ehefl i��ra le�l eaunsel to 'c..�-}and l.and,^.t hcro sueh Ci�tms,nnd p�y�he anomeya'feas,lag.zl ex�nses and othor caete Incurted In �
<br /> cannectlon Iherewith. In Iha eltomativa,Lrjnder shal ba entitled to amploy Ita own legal cnunsel to detend such C ralms at CirarROr's cost. Cirnntor'e ��
<br />' oblipatlon ta indermily Lencler unclar ihis paragraFh chall�arvlvo thn tcrtn!nailon,rol^asa o►toroc!osurca of ihle Ooad af Trust �:�
<br /> 16� TAXEB AHD AB$�SSRREN'�8. Qr�u�tor alialt pay all texes and eesessmems retating to Property whon due end Immediately provide Lendor evldence _.
<br /> o�payman�01 etune, Upon the requeot ot Lender,(3rantor shall deposlt with Londer each momh ona-twelflh(1/12)of the estlrr�ted annual insurance
<br /> pnrNu�n,taxei end esassmante peetalnlng to the Praparty. 60 long as there Is no dafault,these amounts ehall be applled ta the priyment of taxos,
<br /> peHOny laxea or e�gnlnat 1he Obllg�atlone�Any funds epplled tmay,at nLonder's8optbnnberepplledanrever eo r�der�of ihn due�d2teo�eppiyf ihe tunds so held ro
<br /> �6, �NBp�CSION OF PROPERTY,BOWCm,R�COIiD9 AND REPQAnT�9. C3rentor shall all�mlonder or Its aponto to oxeirine�Inspealy asslste�i►a `
<br /> e!nd ex�mins,In�set end mEilce coqea of Qrentors booka ond records rtalning to the Pro hom time to tlrro. Orantar shall oAde
<br /> nqulnd by Lendrr�fwte�ara�ntop s all note tha exlstence of Len�ders bone(idai nte est i�n 8atbooks e d record�s�rta ningo the��P operty. AddlCanaily, �
<br /> compl�to�n ell re
<br /> Qtentor thall r�ort,In e lorm satisfectory to Lencber,such Informatlon as Lender rr►ay requeat regarding Cirnntor's flnandal condition or the Property. The
<br /> Intamntloa t mleh�dr�tsy Q►anpo t�o Lender shall be truet aocur�aled nd completo In all�raspoet�s,rand signod�by arentor�if Lv��der ra�q�a�sta.�y�signate. /UI __
<br /> 17. ESTOPPEL CERTIFICAYES. Wlthir ten(10)daya afler eny request by Lender,arantor shall deliver to Lender,or eny Intencbd iransferoe of lendsrs
<br /> rlpht�w8h reipect to tho ObOgailone,a sig�iu�l and aclm�xisdgad 7atcrr�nt s�cltying(e)She outstandina l�lanco on the Ohlipatfons;and(b)whethor
<br /> Orontor poea�coa eny delma,defenses,set�otfe or counterd�ims wlth respncl to the Obligatlons end,if so,the nature of such clalms,detenses,sataffs or
<br /> 1{�s snv�n�j�Iha arant�rtailslt�o deu he rcyiqu sted 6t ome�In n tiarrbly tmanner.�r�y�e to tho Intended transferoo wlth respect to thasa maners In -
<br /> 1a D�FAULT. Qranta t�hall 6e In detault un�er thls Deed of Trust end the Trustee'a power shall become operetive In ihe event that Qrentor,Borrowcr or
<br /> eny puanntor of the 0611gations:
<br /> (a) leits to pay my Obl�pet�on to Lendsr whon due; presertt or luture
<br /> (b) lalls to periorm eny Ab�ipation or breaoitas any wa.rtenty or covonant ta�ender comalned in this Deed of Trust or any other
<br /> (o� t
<br /> t oys,lo�ea or darrwpee the Properry In eny rtwtertN respecl or subJecis the Property to seizure,conOscation,or condermntbir
<br /> (d) eMke to revok�,tartrinat�or oth�rwi:e Iimft ite IIablUty under eny puerenty to Lenrlor;
<br /> (ey dls�,bacorrNS IpNty Incarpetsnt�la diseolvsd or temdnated,becoma�fn3olvenl,melces en assignmem tor the beneftt of aedttore,faila to pey
<br /> d�l�a�th�y b�oottr dw,ryle�a p�titbn unrbr the rederel banlwptcy lawa,has en tnvoluntary patition In banlwptcy fiied In which C�rantor,Borroww
<br /> �;s;,,�,••�•,,ng•!a n.rz,.d,or hss uopstty tFilcen under any w►it or proeess of cowt;
<br /> (f) Jlowa pood�to b�uwd,transperted or stored on the Propsrty,the possession,transponation,w use oi wiiicr�,ia iiie,yai�
<br /> (p) yAoy,r�ar�y party oth�r then arantor or Borrowor to assume or undenake any Ob114fatlon without iha writlon conaem ot Lender;or
<br /> �h� ����nd��o cJ�rn«(in���;It��Iflcant dedine In the value ot the PropeAy;a If Lender,in g�od falth,for any reaaon,b0119VA8
<br /> lhat th�ptosPat ol PsYm�► P�
<br /> 1�, RIQHT!!OF LENO�ti OM OEFAULT. If ihere le a dafautt under thls Deed of Trust,Lender shall be entNind ta exerGse one or more of tho following
<br /> nrrwdi��whhun notlo�a drrt�end(except ea required by law):
<br /> (�) lo d�diro th�Oblfpotk+m IrtrnxYataiy due and peYabta In full;
<br /> (b) to colNct tlw out�tandn�061k�eilons'xith or whhan resoning to judidel prooesa;
<br /> (o) to rpWro Cirantar to dollwr and meke availak�la to Lender eny pereaial propsrry a Chattels oonstHutinp the Property et a plaoe roaiaiably
<br /> oomKnl�nt ro Oranta end Lender:
<br /> (d) lo�m�r upa�o►►d 1�Pease:�lon of the Property�thon the�OW�g tU ns end without oth�orwl lee meetingrany at ory conditiwia�rling
<br /> MQolnt a no�M�r wkhout bond,without flrat bringing 98
<br /> naNas,ft b�kp NdKKMd Yhet L�nd�r�heJl have ihia comractual rlgM to eppoim a recelver,
<br /> �s� �a e�piOy�r�n�irq eg�nt af the prop�►ty and Id the earne,either In Trustea'e own narne,In the n�me o}Lendor or In tho name oi Cirenta,and
<br /> noiM�tM nnt�,{ncatr�,Itsws end proflts o}tha Propsrry end ePWY the�arrx+�efler payment ot all nacessary char8es end expanaea,on acwunt of
<br /> th�QbMpltlonr
<br /> �� �o�y�y�I��ny�orm a nynrnr de�rned expedem by Lender to protect the securiry of this Daed oi Trust or to cure aiy dofauN other then
<br /> P�Yn'�n�ol k�tant or prkidpU on tha Obllpation�;
<br /> (Q) to londoM 1hb D�d o}Tmn juddally or nonjuddally end to direct the eate of the property through exerclae oi the power ot eale��refsrsnced In
<br /> p�r�r+Ph 20 h�nw1 In�cordana wkh eppllcab�a law;
<br /> �tt�t��y QN C'•.sy!^�'•C+!+!N„�+.tN+ne a�+�nRt any arnurrts awnd(irentor lr/Lender Induding,but not Ilmitad ta, rrbnlos,Instrurrortle,and deposft
<br /> �;�x�t�m�kiWr�d with L�rxNr u any cuR�ntty�xl�ting a tuture aiflllata ol Londer,end
<br /> (i)to�x�rdw�N otMe rbM�nvdlebis to I.�nd�r uncl�r any otherwdtten agreemont or eppllcaWe law.
<br /> Und�r'o rlpht��n cumubitiw end m�y b��xerdted topet�»►,eepe►ateiy,and in eny order. In the event tha!Lender InsUtutea en actlon oeekng the
<br /> noov�ry o��ny ot th�Propaty by w�Y cf e Pr�Judyn�nt r°rra'!y'In an actbn eneinat Cirentor,Grantor waNes the Poating oi any bond whlch ml t
<br /> �yWM yr�� ��r a��d�r'e d�sipr�maypu�chata the Properry at eny sa}8. Proceeds of eny Tn�ateo e sate hereundef shall bo eppl�d
<br /> fk�t,to th1�cohr�nd�xP�nus o}sxed�lnp tlt�poww of saN end of the sale,lnduding the pe t ot the Trual�a's fees a�tually Incurted and nat to
<br /> �xpNd t!N�n�ount IcF�my b provld�d fa in thi�Ds�d of Trust,cecond,ta payment of the Ipetiona seaired horoby,thlyd,to ttie peymem of Iunbr
<br /> trud d�ed�.mo►t f,or aif�N�nhold�n,and th�baisno��If any,to the pareon or parsona lepally entftled thereta. The property or any pert theroai mey
<br /> ���p��pr in,�h pur�I�,mann�r or ordor s�Lendsr In Ite sol�s dsaetlon may elecl,end one or more exardsea ot tha power herein grented
<br /> �1MH nol�x1NpW�ls a oxhwtt the pow�r unNsv tM sntiro property le sold or the obilgetions ere peld n futl.
<br /> e�T�����EUn��r���fy T�re�ttw mnn�nenhen rQqul�by jaK�r,s to sell arentor's interest In tho Property by exerdse of tho powor of
<br /> Upa�r�t of such notic�ol I.ender end et Ihe dfreatlon of tAndw.TruM�e shall cause to be recordad,pu�liahed and dellvored such notices of dafaull _
<br /> ��p�{p��q��a{�p�m�y tMn M nquked by 18w end by Ihl�Daod of Tntst. Ttuateo shell,only at the directlon ot Lender end vrltham demend on(irentor,
<br /> �ry�et�h��N�inay�h�n b� k�d by law end aftar racordatlon of such notice af defaufl and afler notica of sale having been given as requlrod by law,
<br />_ ��{w p��ty�t th��irrw�rr,9�ioo ot�Iixed b�It In such noilce ot oala,cilhsr as�vhols or Ins�p�� ta lots or percels or ftems es�inder shall deem �.
<br /> ye.dlu�t �nd��wch pM�r o mey d�t�miino,at publlo auclbn to the hlphest hidder tor cash in lawtul rtaney of ihe United States payabie at the time nf
<br /> e.----
<br /> � a er WMrwIN my ttwn bo rpulrfd by law. Tru�t�e shall delhrar 10 euch purchaser or pureha�are thereof Its end suffident dee or •
<br />_ �y�p�►N�op�rty w wid,but wilhout any covenant or waRanty, expresa or Implied. The recitals In such of any matlers or lacts shalt be -
<br />_ ����o������q�ry��p}, q�y��,Including,wilhout Ilml�atlon,�rentor,Tn�stee or Lender,may purchase at such sale. Trustee mny
<br />- In IIN rrrnr►�►provldtd by Iaw poetpon��at�or nn or arry{ximon or me r�e.�r.
<br /> 9L p�CUiST FOR NOTICESs �tentor requssto�hnt n copy of nny notloe oi default end e copy of e�iy notico of salo horoundor bo mallod to oach porcon _
<br />- wtw!�e pany Mnto�t th�eddroa�01 euGi per�on set tonh heroln at tha eam0 tlme 6nd in tho cartw mannor roqulred ae though a separato roquost _
<br />_ ihN�ot hed f�n f�Nd by s�Gi�uch perwn. _
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