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<br /> � .. �� ���m �o�� ���a :
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<br /> the Se�urcd Qcbt A ood faith beGef by Lercder that �
<br /> � executed fur the pur�$e o�cqen4ing,securing or�rantying g ��_:
<br />'��`'��•< L,ead�ea at any time is insecure with res¢est to any petsan or entity obligated on the Sectared Debt or that the prospect
<br /> '��� of a�payment ar ths�valu«of the Praperty is i�r►paued sha11 also c+onsutute an event of defauli. -��•
<br /> ���.
<br /> �y, �li�pq�OPI�E��lU�.,�:In same cnstanc�s,federal and siate law wiU require Lender to provide Grantor�vith • ,.
<br /> 5
<br /> � natiae of ehe ri�ht to cure os ollter notiaes and may estabfi�l�time schedules for foreclosure aMions.Subject tn these ,`�;_,�
<br /> �� limitations,if aay.Lender may arcelerate the Seceued Debt and foreclose this Secwity Instrument in a manner _
<br />�.;�:. Pruvided by lacv if Gramtor is in default. :�_<:�_.
<br /> �.�� At the option of l.ender,all or any part of the agreed fees and charges.accrued interest and princapal shall beoome ��.
<br /> ,�•�-«" imuzer3iately dae and payable,after giving notice if required by law,upon the occurrence of a default or anytime _�--
<br /> -��•� ihereafter.In addition.Lender shaU b�endtled to all the remedies provided by law,the tem�s of the Secured Deb� �,�.
<br /> ,,;.; i�`_:
<br />_:�¢T this�ecurity Insmament and any related dacumenu,including�rithout limitation,the power to sell the Property �_L'V
<br /> If there is a Qefaul�Tnutee shaU,in addition to any other pemtitted remedy.at the request of the Leader,advertis� - - -
<br /> and sell the Property�,s a��hole or in separate parcels at public auctian to the tughest bidder for rash and convey n___,__
<br /> abEOfute�itte fiee and clear of all righi. title and mtemst of Grantor at such time and place as Tn�stee de9�gnates. �_.__.
<br /> '. Tzvstce shall give nauoe of sale including 11ie time.temis and place of sale and a de�tion of r�he property to be sotd
<br /> a�tequired by the agplirable latv in effect at the time of the pr�apased sale• —'°"`
<br /> ."��;,y� Uprn�sale af tl�e property and to ti�e extent not protaibited by law,Trustee shall make and dQtiver a deed w the Property �,�.��
<br /> sotd�v�ich oonveys absolute title ta the purcha5er,and nfter fi�st payin�all fees,c6arges and costs.shall Pay to Lender all
<br /> � moneys advaazed for mpairs,taaes,insuranoe,liens.assessmeats and prior encumbranoes and interest thereon,and tl�e ��-
<br /> , principal and interest on the Secured Debi,paying the surplus,if any,to Grantop_Leader may purcbas�the ProgertY• �� � ;
<br />,,;�;% 'l�e reatals in an}+deed of oanveyance shall be prima facie evidence of the facts set forth therein. �r.
<br /> pll remedies are distinct,cumutative and not egchuive,and the Lender is entitied to all remedies provided at law or �°_.,e;.
<br /> equity,�vhethet 4r not expressly set forth.'Ibe aaoeptance by L.ender of any sum in paywent or partial pay�nent on the � -^;
<br /> . , Secured I?ebt afm¢s the balance�s due or is acxclerated or after foredos�e proceedingS�e����1 nat�°nst�tute a �:�=_=-
<br /> ,.•.��� waiver of I.euder's rsght to require oompiete cure of any existing defaaIt By not exercising any temedy on Granto�s
<br />�;s � detault,Lender does aat waive Lender s rigbt ta later consider the event a default if it continues or happens again. �.• '
<br /> `'f' 16 EJtPL�1VS�S;ADVANC�S ON CfDV�NAN'I'S:ATT0�IYEYS' FF.ES;C01.L��.°I'ION Cl1STS.Except when �``',
<br /> '.�`' proIul�ited by law,Grantor agrees to pay all of Lender's s�ses if Grantor breacHes any oovenaz►t in this Secuxity �-``--=�
<br />:'�., Insin�ent Grantor�vill aLo pay on demand any amount inaured by Lender for insuring,insPeMiaS,preserving or �'�__'
<br /> atherwise protectimg the Property uud I..eader's security interest.'I�ese expenses�v71 bear mierest frain the date of ��__.
<br /> `"' the Fayment untii paid in full at the Eughest interest rate in effect as provided�+n the terms off tlie Secured DebL ,:.�:E.°
<br /> •}`r. G�c�.�rls�agrees to pay all eosts aad�x�eenses uicurred by Lender in coIlecting,enforti�ar pm8�Leader's rights �:
<br /> ;;F--- and antu't�ies under tfvs S�r�y���sument'I4�is amount rnay inclade.but is aat 1`uniE�d to,attorneys'fees,astsrt �,•:.r::
<br /> `��.� oos7sr s�d other legal expeus�.'�fli�.�ecurity lastniment sl�aU remam in effeca untrl re�l:sis2d.Grantar agree�s t��aY :;::-
<br /> :.,'Q'` , for a�y recordadan�of�uc��cel�sase. b,:r.��;
<br />' � 17. F1�'IItONNiEI�I�ft.4.A�Y��►i�'D�flt�lL9�J�S[JL'i.�i'AI�IC�S.As used in this s�ia�.(l)Eir•ri�r.�nm�+a�'1`_azu �,«l;Y^'
<br /> �::r;.�r mea�urithaut timitahon.Etce C,�aiprchec�ive Environmental Respoase,ComPensatian and Laab�ity Act(CERC�.A, _---_.:
<br /> .,br�
<br /> � 42 E�,�.96�1 eY seq.),and aii o�iter federal,state and lacal laws,regulations,mdinances.oourt orders,attorasy �_
<br /> general opinians or interpretive I$tt+ers caaceraing the pubtic heatth.safety.welfare.environment or a hazardous �:>:.
<br /> � substance;and(2)Hazardous Substance means any toxtc,radioactive or hazardous material,waste,pollutant or �
<br /> contaminant wluch 6as characteristiss which render the substance dangerous or potentialty dangerous to the public �
<br /> ' • � healt�,safety,welfare or envirmnmen�The term indudes,without limitation.any substances defined as"hazardous �i�
<br /> .. .; ._ a�.��;s•1.°"toxic substanc�s,""�Saxardous waste"ar"ha7ardous substance"under any Environmental Law. .�-�----
<br /> ' C�-i:iaea represents.warrnnts an,l;r+�rees tha� _�-
<br /> � . i3.� �1Exr,ept as previously disd�a.ad and actrnowledged in F+riting to Lender,no H��s:�3aus Substance is or will be
<br /> � � located,s2er�d or relea�ed on or in the Property.This restri�ct?r:r�does nr„�:v�pty to small quantaties of
<br /> .. � '• �Nazardous Subsiances tb�t are generalty recoguzed ta be agpr��vr.i�itr:.�r�-�a�use sttth rrtamtenaace of �
<br /> � ' t3�ePraperty. �.. .±; 11:
<br /> � s.:
<br /> �. • 8;;�. Exeept as previoissly 'd�cfts��a�d ackaowledged'w.�uiiin�ai�a�u�l�x,GrantarcamcS�eveiy tenant have i�en.are, ��,;,._�.;
<br /> � aad shall remain ia fuU aa���iance aith any applicabie�i.-�ruur�tal Iaw. `,�'-;.-
<br /> G Grantor sha11 unmediately notifY Lendez'if a release or threa'.�r.u�i m:�ease of a Ha�ardaus Substance oocuis on,
<br />. under or abou4 the Property or there is a vinlation of any Envdr�slrn:atal Laa concemiag the Property.In such ��, "
<br /> ! ' an event.Grantor shall take all neoes5ary remediat aei:�n in acoct�nce witb any Environmental Law. '�� �
<br /> �'��` E�:. Q'isantor shall immsdia��ig�noti5y Lender in wrltutg•�s saon as Grantor ha:r..:ason to believe there is any . .��;4;_,��<
<br />-:yq�;�:' t3ending or threatened ias�stigation.claim,o�proceeding relating to the retr.asc:�r threatened retease of any . . �, ,:: ,,
<br /> ....Ft:
<br /> 1Ha7ardous Sutsstaace or the vifllation of any Environmental Law_ :•� .:
<br /> 18. CONiDE�JIIvTA'�Im�3 Grantor wili give Lender prompt notice of anp�:nding or threatened action,by private or ;;.- ��t�`.
<br /> . pubL'•c catitic.s t��us�base or take airy or all of the Property throngh wr.demnation.eminent domaiu.or any other __
<br /> � mea�n.�.�rautor authorrzes I.enrL:r to intervene in Grantccy aame in any of the abar�described actioas ar cta;�s. --
<br /> � Grac:[c�assigns to Lender tlte�n�eds of any award or daim;or damages oonnected!�u th a coademnation or alfi� F-=
<br /> .
<br /> taking of aU or any purt of the T't��rty.Such praoeeds shail i�e considered payments and will be applied as providr:ti�i� —_-
<br /> � Wis Sectuity Insirumen�T6is a�i�ment of.proceeds is subject to the tc:rms of any prior�nortgage.deed of ccust. .x��_.z_,:
<br /> �� , sec�uity ageement or otI:er licn dzcument. ��"�"-
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<br /> 'r.;�-�s;.+.� 19 INS3JRAI�ICE.Grantor shall �xr„cp Property insured a�ainst lass by Gtr.,4taod,tI1�aEa and other ha7ards and risks
<br /> '����'!`�':� reasonably associated with the Pt!6perty due to its rype and Cmczrion.71si��ss=lrance�h�17 be maintained in the aasr�unts
<br />. � and for the pernnds that Lende�requir�s.The insurance c�rrier pro�viing the ins�aare shall be chosen by Grantor ��%�`
<br /> subject to Lender's approval,�vhich shall not be unreasanably withhePd�if Grantor fails to maintain the coverage �
<br /> described above,Lender may.at I.snder's option,obtain caverage to protect Lender's rights in the Propzrty according —
<br /> • to the terms of this Secnrity Instn�ment. f a....:
<br /> � All insurance poticies anc➢renewals shall be acceptable to L.�nder and shall inctude a standard"mortgage clause"and. �J.
<br />' �vh�re applicabie."loss payee clause."Grantor shall immediately notify Lender of cancellation or terminatian of th8 �
<br />_ '� insurance.I.�nder shall have the right to hold the policies and renewals.If Lender requffes,G�ar►tor shali ttnmcclintety
<br /> .�• : gjve to Lender afl receipis of paid premiums and rertewal notices.Upon loss.Grantor shall qve immediate notics to o�-
<br /> �"� " Ihe insuranae carrier and Lender.Lender may make proof of loss if not made immediatc(y by Grantor. �;
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