|
4 ., �������
<br /> , �y`'"��"�'i��L�'r",'�'"'rs+'� _
<br /> e-.: .,t��,, � . � .:.bost.:.:,�.:i�!¢r��i.ie'r'e.�-.---
<br /> .. ` .�►''�,._� �?:...�..��.,.���::nE.:;JK.'?c''",:,:.�`�°�'• �!•g.�?9.�`Y�l�,��_fti ._,._ .___— ��--_--
<br />__._.�, xrr.—mx�z�,��z�s_�L�.R-�:.�—�-� –= _=—_-- - - ------
<br /> ��(3"'���/
<br /> executcd for thc pyr}x�of crr,atin�;,se�u�itt�g rrr suarnn4yi��Ihc Sccurcd Ucbt.A good Fnith hclict by l.d;ndcr tEtat
<br /> Lender 1t any Nme is�nsecure•wllh•nar►�acot tc��se►}�per".�on or entity ablignted on the Secured D�bt or Uwt the pros�M
<br /> of nny paymcnt or thc valuo of thfl Prppart.y�s��m(��+ircd shall alsn ranstitut�am evcnt c�t dcf�utt.
<br /> 1S. REMED[ES[�N DF.�AULT.In r,omc insuain:s,fedcra!and stHtc l�w will rcquirc Lcndcr ta pro�idc Grnntor with
<br /> notice nf tlie right to cure or ott�t�r nntioas nnd m�y�sh�btish time schedules for toreclosure acdons.Suhject t�these
<br /> limitations, if any,I.endar mny c�aaalaratr.ti►t�Securcd Dcbt and farcclux� this Sccur�ty Insirumc►iE 1��ii �:iilllilCP
<br /> providcd by!nw if Grantor is in dcsfnult.
<br /> At the aption of Lender,aU ar any p�tt of tttt�agreed fces and cl�urges,accrucd interest and principal shnll becr�me
<br /> immcdintely due and paynblci,afier gi��iatB naticc if required by 11w.upon the occurrcttse u.f n dctnult or nnytime
<br /> thercaftcr.In additian.i.cndc�r shlp bfl entidoti to all the rcmedies providcd by(nw,thr. tcm�A oF ihe Securcd Dcbt,
<br /> this Security Instrument nnd uny�rr,latc:d dqcamttnts,including witho�t lunitat��an�thr,rsower ta:�Il t.h�.Pm�x;rly.
<br /> If there is n default,7Yustce shflil,in udciitiun�i�a n�►y ottrer perrcaittc.d remcdy.at th�, requcst of tt��:i�r.�:r,aslvoriisc
<br /> and sell the Froperty as a whole�or in sGpe�r:tt�i parocls at pubUr.au:cti�an to the hiQhest bidd.r fc�x casi�anr��nvoy
<br /> lbsolute title free and cleAr of 1p riQht,tillti��nd mterest of Gr��nrtor at sur.h time and ptace as Tttutee deeignr�tcs.
<br /> Trustee sb�la give nmice of salu includinQ tft�.tima,terms and��lace af sale nnd a descripxi�n off rth�:p;rapr.riy to F�,so1cIl
<br /> as r�quired by thc applicabl�s la���ln eficct attl�u t�me of thc pxoposed snle.
<br /> Upon sale of thc property and to thc�extant nat�prohibited by law,Trt�.stee shall�nake�nd deliver a dr,ed to thr;Prnperty
<br /> sold which conveys absolute titl�:ta thn ptttr.bp:rr,and uft�r first payiag utl fees,chz�tges�nd�co�sts.shzall pay to L�endec all
<br /> mancys a��ana;d for repai��;.tur.c:s,i���,s�na..Gens,asscssmcnts artd p:iur eacumhr:n�es a�r�intcrest tl�ereon,and thr, _
<br /> princi�a�a�d interest on tli�Secureel �ebt,.pt�ying the surplus,if any,to Gra�ttor.Lende�r azay poe+chase th�:Properry.
<br /> Tt►e recit�i in any decd of conv,yant�shnH,be prima facie evideace of the facts set fofth therein.
<br /> A4 remedi�s are distinct,cumuleitive und nnt.exrtrzsec,and thc Lender is en6iticd►o aU rerrtedits�r�vidrd at law or
<br /> equity,whether or not expres:�ly sct faR.b.7'�htr ncvehn�.�nce by Lendcr of any sum irt payment or pariial paymcnt on the
<br /> Securet�l�k^-bt after the bal�inc�i�dtt�or is�ncele�a4�ad or afte�foreclosure prviceedin�ar�filed shall not constitute a
<br /> waivcr v�Q,ender's right to rcquim ramplfit�r cure z�f any exisr:�a�default.By reot ex�rcisusg:►ny remedy om Grantor's
<br /> defauQ,S.��ider does not wai<<F LendESr's aiaht w later consider rt�'ze event a default if it conlinues or happens again.
<br /> 16. EXPENSES;ADVe�NC�4�N GYAVE�11AN1'�;,ATTURNEYS'FEES;COLLECi'QON COSTS.Exccpt when
<br /> prohibited by law,Cimntor a�,nros ta.pny all of L�nder's expenses if Granto�brcaches any covenant in this Sccurity
<br /> Instrument. arantor w�nil als�pAJ�•o�e��indnund any amount incurred by Lende�for insurirsg,inspecting,preserving or
<br /> athczwise protecting tho Propert�+u1rcJ.L.ender's security interest.Thesc expenses will�eae interest from the date of
<br /> e.�_ n_
<br /> the payment until paid in fuU'pt�t�t�a Isighest interest rate in efFeci as pr�vcucu iu iue:i�cusn o� «,c .xca.��L`:, i.
<br /> Grantor agrees to pay aU costn und�:a:�enses inc�!r�d by L�rarr in collecting,enforetmg�x�rutecting i�ender's�ights
<br /> and remedies under t3us Secudty L�s�r�unent.'I��is,runaunt may include,but �s not liinittd to,attorneys'fecs,ca��rt
<br /> costs,and otber luga!expens�ea TJiIs�S6Curitv in.�truirJxnt sY:alY r�main in effect until released.Grantor ngrees to pay
<br /> for any reonrdation costs of suc1��ICIEtIIY�i '
<br />�- 17: �N'YI1�kbM"lNFNTfAI.l.AVi►S�1.NAi HI�f,ZARU0U5 SLTBS'i'�,i��FS.As used in tlus secciqn,(1)Environmental I:ow
<br /> a�eans,v��t3cnut limitnrion,tha Comp�tbensive Envirorunentat�:es�onse,Com�ensat6on and Liability Act(CERCI.A,
<br /> 42 U.S.C.9601. et seq,),and afl ntbt�r federal,state and local�iaws,regulati�ons,ordinances,court orders,attomey
<br /> general opinions ar.i:�i�ip�lir�r.lcitt:ers concerning the public health,safaty.w�elfaie,enviroament or e haznrdous
<br /> substancc;and(t�na�udous Substancc means any toxic,raciioactive or nazardauy e.�sie:�al, �a�te,�!lui-s:or
<br /> aontnminant which has ch�rnctraryF�.i�:s which render the substance dangerous or potenti,�t�iy da���eroua to the puhlic
<br /> healib,safcty,welPnre or envrrortnne:�,:t The term includes,without iimitation,any su6at.€�ces defincd as"hacard�us
<br /> . material;�"toxic subst�►noes,"°`8►iza�:r2ous waste"or••hazardous substance"under any Et,�r��.�nmontal L.aw:
<br /> t Grantor represents,warrnnta and agrees that: � ' �
<br /> ' A. Fa�oept as previausis�dixdonsed and acknowfedged in writing to Lcnder.no�azardous Substanc�•9s or will t�e
<br /> � icrraiied,stured or ralctpflsd�on Qr in ihe Property.This restriction dces not apply to sma�4::�'t�antities..nf
<br /> ' ,�fi�,.ardous Substanaes thht�urc generally recognized to be appropriat�for the normal�ue and maintr.nanee,�'
<br /> tlr�Property. •,�,,
<br /> B. Except as pre+�'�uslp tlisc�u:d and acknowlcdged in writing to Lender,Grantcrr and cvcry tenant have 4�een,are,
<br /> and shall rem�a.�ira<fall'�mpliance with aQy applicable En�ronmenta��t.uw.
<br /> G Grantur shall immadi�tcslp•r.+otity Lender if a release or thrcaten�d re,��•�tye o€a Haznrdous Substance uocuis on.
<br /> under or aboat th�Prnpert.y or there is a violation of any Environmental!aw t�ceming tlxe Property.In such
<br /> an event,Cfrantur sh�11�tu1t{:utl necessary remedial action in accordance with aa f Enzironmental Law.
<br /> D. C3rnntor shH11 imm�di�taJ+l notify Lendcr in wriNng as soon as Grantor has r.�.ason to beGeve there ts any
<br /> pending or tl�rcatene�d hia;�stigation,claim,or prooeeding relating to the release or threateACd1 t,elcase of any
<br /> � Hazardous Sub�tim�x;onEYtc violation of any Envlronmcntal Iaw. •
<br /> 18. CONDEIVaVAT[UN.Oruntnn will give Lender prompt notice of any pc�eding or thr�atened action.by private or
<br /> public e:r�tities tc pu�h�tisc�or�ukc any ar all of the Property through condemnation,eminent doinain,ar any othcr
<br /> means.Orantor autltoriT,es I.endcr to intervcne in!'irantor's name in any of the�bove described actions Qr claims.
<br /> Gruntor assigns tu Lendc:r ittb prooeeds uf any awazd or cluin�faP damages connected with a condemnation or other
<br /> taking ot all or any part oT tht�1�raQerty.guch pt+eceeds shall[�e considcicsi�.nymcnts and will lx;appti�:d as pravided in
<br /> � this Secwity Inscrument.'I'�ia��ssignaicnt of�mcceds is subject to the terrns of any paior mortgage,decd of Wst,
<br /> security agreement or other li�n��dtxsumcnt.
<br /> ' 19 1NSURANCE.aruntor st��dl'Rt:eCn �'roperty insuxcd against loss by fire.flood,thc;P3 a�d other hazards and rislus
<br /> rcaxmnbly associated w'rih 1Na ktnp�rty clue to+t�x}rpe and locution.'Ihis insur:►m:e shall bc�naiutained in the amounts
<br /> �nrl frv thcn nc•ri�ulr t}wt 1 ierulnr mnuirce.The it^.+�r=+��!'cnrrier nrovidius the insuaance shnl!'be ciia,en by Grantor
<br />. : _- r"-- '-'_' --"-'. .
<br /> sub}eci to Lrucler's appru��al,whicli sl�all nat be unreasonably withttcld.if Grantor faits to mnintai�t the covcragc
<br /> dcscriE�ul abo�•e.Lendcr mop,at�l�endcr s option,obtain oovcrage co protect Lender's rigU�in the Property according
<br /> to the terms of this Socnlity Ids¢i�ument.
<br /> All insurunoe policics and rx:n�w:vL shatl lx aoccptablc to Lender and shali includc a standaxd"mortgage clause"and,
<br /> where applicsb{e."lnss pt��l���c�:m�.e"Grantor shnU immediatcly notiCy Lender of cancellation crr termination of the
<br /> insurance.I.cnder eht�ll hm��th�ri�;ht to hold tBe policics ar�d renewals.If l,e:nder requires,Grantor shall immed'eatciy
<br /> givc tu Lcnder all n:a^.ipt�of pt»t1 prcmiums anel rencwal nuticcs.Upcm loss.Gr�tor shaU givc immediatc noticc to
<br /> thc insurunte carricr au�d Lwids�r l�:ndcr may makc proof of loss if not rt:ada immcdiatcly by Grantor.
<br /> ;;;' . _ �ge3a41
<br /> �tt�[SaM�vaS��MraMC..6�CtadAHi dtil't�J?7lL3�1)FamNE�OTtiE d'8'01 _r.—
<br />
|