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<br /> •19. LEN�ER'8 RlQMY TO C�fAAAENCE OA OEFET�D LEOA►.ACTIQN9. aramor ehNl Immedlateiyprovldo Lendoe wllh wrltten notlra o}any actual or �y
<br /> threstenad ncilon,eu�t,or othe►proceedinfl eitee�lnp tha Praporty. e�r�ntor hsraby appr,lnte Londer na Ito nttomoy•in•fact to commonco,Intoevono In,and
<br /> d��t�nd ciie,l�nctlons,suite,nt ollior loasl�sr�od;n �rdid YG Carry�rom�co or cottta nny elalm or conirovoreypo nalNnp tliormo. Lonrbr ahc�ll noi bo Ilnble to
<br /> c�c�nta no�her4 n wlll pravont Lvndor Irom�toMn�Ih�uctlons�doecrlbod�ln Ihla parr�graph n I�In o1vn i arno mph or nny dzrn�pao rasultlnp Iharcirom. Nolhin{�
<br /> 9�. INOEMNIFICATKkJ. L�ncbr shail no1 euume or he responalWa lor the per(ormanc9 0l anY o1 arantor'a odlg.9tluns wDh renpec9 to the Propeny undar � _
<br /> any circumotencee. �rentor ehul Imnwdiat�provid�I.�ndK w�th wrllten nmlce o1 and Indertnity nnd hold Lende�end Ue shersholdere,directors,otticsro,
<br /> amploy�s�end sqents hermlo�e(rom atl dmrr►�,ciAmagea,IInWIItINd(Inci��p�nttor�nenot Ilrrited olBhoca Invotv ng Hazerdouef Materlalsj��a antor�upon � ��
<br /> othw Itgd prcc�Mnp�(cumu�atfv�ly'Clalm')p�nelnlnp to 11w PropNly( 9 _-
<br /> the requeat ot Lcn�er,shaii hirn i�gal wu�ii�t i���ond L:,ad..�:trom:uch G!��m•,rnd�s!�y�he ettorn�y�'f�u.I�pal�xpms�s and oth�r cost�Incurrsd in � � �
<br /> wnn:.ctfon ih�rc:rlth. In th�nitern!INe, Lencfur shall be entltlad to employ Ito own logal cnuneol to datend nuch Clnlm3 at aranto�e cos�� urcnior's ^ �
<br /> ������_������.�,��mrl.r mla oareoreoh sRall euMve the torminetlon,roloasw o�loreclusure ol ihla D:�d o}TtusL Q �--�
<br /> 16. 1'AXEB AND ASSE881l1ENT8.Qrantor ahall pay el!texoe end aaeasrtsente relatirig to Prop�rty whon due and Immedntely pPOVlde L�nder eNdanai � _
<br /> of paym�nt af earn�, Upon thd reqiw6t ol Lendx,Orenta ehall do{w�lt w(th l.ender eacFi month one•Iwelflh (1/12) 01 tha eatlmated ennuent'01 irnxoa, i/a
<br /> - pra�lum,texes end aerassments p�AaiNnp to Iho Properry. So lor�p ae thero le no dotault,these amo�nte ehall be applled tu tho paYrr�
<br /> ecssasment�ond Insurence aa raqulred on Iho Properry. In the event ol defaulL LendAr shall have ihe right,at Ita solo op�lon,to apply tho tunda no h�ld to (�
<br /> pey any texea or apalnat the Obllgatlons. My{unds applled may,a1 Lsnder's optlon,bo epplled In revcrse order of the dua deta thereol.
<br /> 1e, INtip&CTiON OF PROPERTY,600K8, RECOR08 AND REPORT9. arentor ahalt�Ilow LsnGer or Its a�ema ta oxarNne and Inepect the Properiy �
<br /> and exemine,Inspect r�nd rrek�a c�1+ss of Or-.ntar's bao::a cnd records�rtznln�t�tho Property from tlme to ttma. arentor shali provide any asaUtance
<br /> required by Lendor tor thes�purpos+a• All of ihe algneturee and Informatlon oontained In arenYor's booke and records shall be genulne,trua,accureto end
<br /> corrptete In ail respecte. Girantor ahdl nota thfl exiatenco of Lendera beneflGel Interent In Its baoks end reeords pertalninp to the Property. Additlonally,
<br /> (3rentw shell report,in a fortn satis}a�tory io Lender,6uch Infamiatlon as Lender rrey r ect rogarding(3rantor'a Mandel cond�tion or lhe Propehy. Ttie
<br /> Inlomiatfon fumished t�y 0 Por to I.ionder hall be truot�accu�edand camplete In alldresp�e�ct�s,and signeWd�by arantorQf Lender8a�qu�oa e�y�al�ate. All _
<br /> 17, ESTO;p�L CEHTtFMATBS. VYthln Im(10)days after any request by Lender,Qrentor ehall dellver to Londar,or any Intended trane(eree of Lender'�
<br /> dghts wlth rospect to the obiigatlons,e slgned end acknowladged etetament specltylng(e)the outetan�ng Iwtance on tho Q�lgattona;and(b)whetfier _
<br /> Cirentor poaseaaes any aams,defensea.set�ofis or countorclaims wllh respuct to tho Obllgationa snd,if so,the nuture af euch cl�Irtb,detensee,aet�otte or
<br /> counterclalms. arantor wlli be conclusivefy bound by any representatbn lhat lender rtay meko to the Imended transteree with respect to theae meriera In
<br />. the ovent that Orentor fell�to provido the requested statemant In a limoly mannor.
<br /> �y g�u�a�raAnt�or o}t�he nOhllyatlon����}auh under thls Deed of Trust and the Trustae'R power shall become aperativa In the eveni that Orantor,Borrower or
<br /> (a) faflt to pay eny Ob�IBatlon to Lender when due;
<br /> (b) (ails to pertortn any Obligatlon or breaches eny wananty or covenant to Lender cantained In ihis Qeed oi T►ust or eny other present or future `
<br /> agreenterri;
<br /> (o) deqroya,losei a dama9ea the ProPe►if'�n any matarlal respect or subJacts the Properly to celzure,conflscatlon,or condertnat on;
<br /> (d) saeks 10 revoka,tertNnate a otherwise Ilmit ite Ilabllity under eny puarenty to Londer,
<br /> (e) dle�,becomes legaliy Incort��aton+,is dlesolved or temYnated,baco'mes hflw��lnvol�ary petition In banlvuptcy filed In�whi Qranter�'BorroweYr
<br /> ciebta ae they becort�due�filas a petBion under the tederal benlwptcy
<br /> or eny puerantor la nart�xi,or niu properiy infivi�u���sr;:::�i���-'=!�:.^.:
<br /> (i) Nlowe poods ta be usad,trensporled a atored on the Properry,the possesslon,trenspoAxiton,a uea of whldi,la illegal;
<br /> i9) ��s�Y F�►�Y oth�r than Qranta or BaROwer to acaumo or undertake ony Oblipatlon wlthout tho wrilton conaont of Lender,or
<br /> (h) causes Lendar to dea ntfur�pertomiance Ia 11mpalre�d.in�t�Ine In the value of tha Property;or If Lertrler,In good t�ith,tor any reason,belleves
<br /> that ihe prospect of payme
<br /> 19, p�GHTB AF I.ENDER ON DEFAULT. If there la a dalault under lhia Deed of Trurt,Londar shnll be em0led to exordso one or more ol ihe tallowtng
<br /> rsmed�as without notice a demend(excep as required by law):
<br /> (a� to dsdare tho Obllgetlona Imnsdla�ely due end Payeble in full;
<br /> (b) to collect ihe outstandinp Odigattons with or withoul reaorting to judidal pr000ss: or Chattela conatkuting the Propnrty et a plaa+reefonably
<br /> (o) to rsquln Gnvitor to doflwr and make avallablo to lon�inr eny personal proPenY
<br /> corrvenl�nt to Grantor end Lender;
<br /> (d) to srrtx upon end teke possassbn of the Properry without applying tor or obtalnirv�ihe eppolMmeni of a re�Ne►and,at Lentkls opllon,to
<br /> ep�wird a recsiver whhoul bond,whhout first bringing suft on ihe Oblipatinns end without otherwlsa meeting eny atatutory condhions reperdin8
<br /> noNvers,It bdnp Intended that Lender shau have thla oontracrual rlght to appolrrt a recelver;
<br /> (�) to employ a menapfnp agem of the Property end let the sartie,either In Truatee's own narree,In the name of 1_ender or In the namo ol GreMor,end
<br /> rocslva the rents,Incomes,Issuan and p►ofits of the PropeAy end eppiy the sarrw,after payment of ail neceaaary chargea and expenses,on account of
<br /> - the OWigatlana;
<br /> (q te pay any nur►ro In eny fortn or rrannar deemad expadient by Lender to protoct tha security of thls Deed of 7ruet or to cure eny defaull other than
<br /> pnyrn�nt of Imare�t or prindpal on the Obligattona:
<br /> (g) to(oroctase thle Deed of Tmst juddaily or nonjudidaliy and to direct the sale ot the propeAy throuph oxerdsa of the power of aale ae refurenosd In
<br /> perepraph 70 hereof i�ecccordanrs wi�h appitc�s law;
<br /> (h;ta a..�t oN Le�ntot's C+t.!!!;,+?+������Y�unte owod Grentor by Lender Including, but not Ilmited to,monies,Inetrumanis,and dapoalt
<br /> acoamta melrrtr�ined wfth Lend�►or enY eurrontly exleting or future afflliato of�ender:end
<br /> (I)to axsrd�e alI other�ights availabl�to Lender under eny other writlan agroement or appilcaMe law.
<br /> Lander�rkihts are cumulative and may be exerdaod topet`e r,eepi rat flc�o,n�apelns a amor,tGrontor waive�the��sting of any bond w�ng the
<br /> rocovery oT eny of tM Prnperty by w�y of a preJudprnen medY P°
<br /> otherwiw be r�qulred. Lender or Lenders dostgnee maypurchatw the Properry at eny,sale. Proceeds ot eny Trusteee sale hereundar ahall bs eppl
<br /> Ortt,to rtw cos1�and expenses o1 exerdsing the power o(sala and of ths sale,Indud�i of the�Obligatlansth��th�s�faethird,o�Fw payrrx+net ol�unlor
<br /> •xe�ed the arrnunt whl�h may be provided for In thls Deed ot Trust,aacond,to payrmn pr
<br /> bes�old f�n one per�or n stuch parcela�man e or orde��os I.ondor In Ite so eel r�etlo may o'at��yand lone o emore exeedses of herpowe�herei�tmod
<br /> shNl not extinguish or exhaust the power unloss tha orrtiro property la sold ar the obiigetfons are pald n fuli.
<br /> 20. 7RUSTEE'S EXERCISE OF pOWEA OF 9ALE ON DEFAULT: If Lendar olects to sell Grentor's Interost In Ihe Property by exerclsa oi tho power of
<br /> - iala hereln cnntained,Londer shall notity Tmstee in th�manner then rnquired by taw.
<br /> Upon recelpl of auch notice of Lender and at the diroction of Lsnder,Trusteo shall causc�to bo rocordod,puhilshed end delivored such notixa of de}auR
<br /> and noticea of sale as may then bo required by law end by thla Deed of Trust. Trustee shall,only et the drectlon of Lender end without demand an Qrentor,
<br /> — aHx auch tlms a�mey then be�equired by law end efler recordation of such not!ce ot default and after notics of neie having been givon as requ!red by law,
<br /> � sell the Propert�r nt the time end lp ace of sele fixed by It In such notiw of sa!o,elther as wholo or In separato lots or prucels or I�em�es Lendor ehal deem �
<br /> = oxpeaNem,end In such order ae It may detemilne,at publlo auctlon to tho highest bidder(or cash In lawlul n�onoy of the United 3lates payable at the timo ot
<br /> sale,or as othenvlse rr�ay ihen be roquired by isw. Tnistao shall deliver lo such purchaser or purehasers ihereof its aood end suttidant dead or deeda
<br />._ conveying the pr�rry so sol��tiwithoute���n�dud�nn.wihou�llmletaStion.a't�or.Trustoe orLender,mayepurchase at such eaio.�Trust�rtt�y
<br /> wnduairo Nnnn v�.��o o....��..�....�..�'_..
<br /> - In tha mannor provided by lew postpono�alt�af n�or eny portian of the Proporty. _
<br /> ° 21. REDUH�T F�A N0710E8: (ire�riwroquosts that a copy of any notice of datault end a copy of eny notiw of salo horoundor bo mafled to aach percon
<br /> � who Is n party Neroto at ihe addrasa ol such porson eot tonh horoln at tho sarra tirtxi nnd In iho same m�nner roqulred as though a separate roquest
<br />� theroof had boon fllod hy oach such porson. .
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