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<br />-_-- execuEsd fs►z tte.��rp�xs�s�f c:�atlrtg,securing or guarantyEng the Seeuied De�A gu�i fa;th b��f I..aaw;r th�: _
<br /> ��� d t.cnde^7[1Q�,."}}'C9U):fS�itSC�'llTC R11I1 f2S�[O 8flgf pBtSQ?It O!2Ylllnl QU�Stetl tIA iI1C SCCtlCZti De'df OI itxflt Clll'j3F05�'iCC'[ -
<br /> — af ao}�tt�'t��Et�a��tt$af the I'raperey is imptured shall aisfl consticute an event of default.
<br /> 1S. E�14l�e.if��Q,`h iYEF(�bL'@:In Eame instances.federal and state law rtill require Lender to provide Gruntar with _
<br /> ' noti�e oi ttu:rig�t ta fiaare or other notices�c►d may es8a6lish time schedules for foreclosure adions.Sub}ect to thes.° -�
<br /> timitatior,�.if 2�tp.LeadErr m�y a�celerate the Secured Bebt aad foreclase this Sec�arity Instniment in a msnnes �_.
<br /> �, .,' provi�ad t�y�a�v%�t'rmnto�is�en defrin�� --
<br /> �` A!the aptio�����.eZder,all or any parc of the agceed fees and charges,aacrued interest and principal shal!becoaze -
<br /> imtttedi,�e4;•d�;he anci psyabl�,after giving notic�if required by law.upon the occurreace of a defautt or an.ytime -
<br />"'`'r•�-� theteafteu.[n:�Trclitiat�.Lendes si�ali be entitled ta afi ttQe rem�pso•rided by law.the terms of the Secnred Debi. .—
<br /> ' , tf�s S:cxszitp�ti,�ent a�d anyr related dacwnents.inciuding vrithout limitation.the power to sell the Pcflgerty.
<br /> If tt;e�e is a d2�`$:al�Tti^u,ce:shall.in add�tion Ea aay other permitted remedy.at the request of the Lender.adveriis� �
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<br /> �at�se�d�,�pr�oesty as a�Soie or in separate parcels at public auction to the highest bidder for cas4�and convey --
<br /> .. a6snl�Se titk�i:a�td�+at of sU rigbt,titIe aitd interest of Graator at suc� tiras and place as'I'nistee desigAates.
<br />. . Tru,,,.tee s1�,I3 g��:Q¢eotice af sal�including the f►me.terms and pla�e of sate and a description of the property to be sold -
<br /> � as req�;�rcd isq C��a a�ptic�I�Iaw in efffect at the time of the proposed sale.
<br /> � Upma va�pg�t�9 prnpzrty an�to the extent nat pmlu'bi2ed by law,Trustee shall make and deGver a deed to ihe�roperty
<br /> � sola}wir�r,arti�egs a'a�ohRe dtle to the purcfnaser.aad after 6xst paying ail fees,charges and oosts,sha11 pay ta Leader alt �
<br /> � maaey�s a4S�axu;��for rc��s.taxes,insurancE.tiens,assessmeats aud prior encumbrances and interest Wereon,and the
<br /> ... prir.ci}�al,and i�3erest on ths Secured Debt,PaYi�ag the surPlus,if any,w G�ntor.Lender may purrhase dze Property.
<br /> The reateS.�in r�y derd of oarneyauce shall be prima facie evidence of the facts set forth therein
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<br /> • pII�ec�i��.a�+e ci�-tine�i,cumulative and aox exclusive,and the Lender is entitied to atl remediea provided�t law or
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<br /> eqt�ity,Nfi�,�lo3ar nr aat exQ�ssly set forth.'T�e aoceptaace b}�Leader of any sum in paymeat or partial paym���oa the _
<br /> ' Secured D�aSt�r tha b�n�is due csri�ff�x2erated or after forerJ�xx�r��praceedings are filed shaU na3 c�':a�ie a � "
<br /> wabr-ez o�I:e7sttfY�r§ri�i ta Teqtrire ouh�63���:'�g.�,�Y erdsting d���y nnt exersisin;�i'��..mecly pg,�`aa?ar's =-
<br /> - d.�a�alt,Le.�n���s got a����.endes�r.q�2 t��rcc�,tnsider the e��t a�efauL'�ix can�:���z ha{s(�c� a"^ �
<br /> - 1� �L�N�ES;'AID��t��`�l�I IC�D�NA1V'I�;.4'�'i�ET'ORNEYS'FEE3;LGA�...IGLF�`���u�CB��.E..��.when _
<br /> ` ' I �. �t��,'T�iL�d ix�,.t�,rv,Gra�ntflr.:�e�40��:.al1 af Len .�.expsnses if Grantor t�!��tssr�;.�veiaaat ia ttr��auity
<br /> Irwtau��.t.fS�tar R�II�u pay oa t'��d any amount incurred by I.ende�r`z�r�:;�&p���°1 -
<br /> � ai�:saise�{�ti�an�th�Fra�ertyr etcc���r�'s secuti4q interest�tse ex�:en�.'��r�tezest fi�a�the date.of
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<br /> _ t3s�.�.;�e��iai��►�ad:ixx:��ai the h�est interev2�te in efF-�t�s�pravided F,r:i�µ,=�ter�.i of the Secured DeQ���'.; �
<br /> ��`�ipa.a�t�y��.ait°sv,�s and expsnses iacum�:lts��.e�ster�.ret�•�g,c�'a�o or protecCsn�U°�s'��ig62s. ..
<br /> :�sr.��r.�tr�L2�. '+��.r tl�s Sta�:�ity Ins�ent'ibis a�+.ai ei�a��a���,bnt i�er�G�mited�a,attomeys�s�,�c�rt
<br /> , c�;z�*�ta�:Trr�.ex��'�es.This Secur�ty I�cm��:shai�r,�asm�t��effeEt e�''-.�releasea Gzan:ax•a��s¢��� .
<br /> 1, f:, ' ;. ' for a..°��•Yecatct�4ar�a casts of s�sc�reeiease. ' `. -
<br /> - • 17. ENV+.Ittl�'�`°i. .�GAFH'.�.�WS A1�iD HAZARDtIUS SUB5iTA11T�S.As used in this sectioa,(i)Environmen�a!I,ac� --
<br /> m�a�.�.�i2�O�rat limit�ctian,ths Comprehensive Environmental Response,Compensation and Liabiligy Aet(C14RCLA,
<br />� 42 U.^a.�G.9�9L�et seg.1,and a11 otdier federal,state nnd local taws,regulations,ordinances,court ordegs,attomey
<br /> ge�2�.1 op.inro�ns or interpretive letters concerniag the public health,safety.welfare,environ�en��os:a ha�rdaa�s
<br /> sulr��;a�3(2}H;rnardous Sn6stance means any toxic,radiaactive or hazardous material,w:esta;poua�unt or
<br /> co��.tr�i,n�a:��c�h�c�aracteristics which reader the substance dangerous or poteneialty dangeroua to the publie
<br /> , - h�tt�.�.,��.sy;�veitrae or environmen�The term incdudes,without li�titation.any sufntaaces defi¢.d ns"hazazdaus
<br /> ' maeE�ia�:°`'itccecc substanms,""hazardous cvast�"or"ha7ardous substance"ander any Environmet�tzl i.t►w.
<br /> , ,� C�raa.tas r��-.cx�i.�w�ts and a��es tba� .
<br /> ` ; A. H�iag prez:austy discla3ed and acknnwledged ia arriting to Lender.no Hazurdovs Subetamx is or v�n'll be
<br /> • laca?�,s4nr�d or released on or in the Property.'Fhis restrictioa does nat appiy to small�quantities ot
<br /> - � �dc�►n�Substtta�s Wat are general6y reoognized to be appropriate for the nom�al ace attd�atenaa�e of
<br /> ti�t:�ccr,�.�ity. -
<br /> � , B, Hx,�rynt�pr�ti;�uuaig iJ�closed and ackaowledged ir�w�ting,to Lender.Orantor and evt:ry tenant h�ve I�ecn,are, -
<br /> '. ;. a�uisa�l:rcmFan d�S�ill aompliance witL any applicabl�Environmental Law.
<br /> ; C, Q,te�qt�.sha11 imm:diately notify Lcnder if a release or threatened reiease of a Hazarda��Snbst�oxurs oA,
<br /> . . � �er,'trs ncd a�nwt thn Ptoperty or tliere is a vio2atian of any Environmental Law coneemiyg the Ftoperty In surfi
<br /> . �' � . r�.,.�P��.Gre�tor ss�all take all necessary remedial aaron in acoordanoe with any Environm�n'dal�w.
<br /> ' ' D�: Cvra�°ncn.sd��ll immEdiateiy notify Leader iu cc�iting as soan as�rantor has reason to 6elIeve there is any
<br /> � penctiap;•ar ttuestened investigattan,claim,or�roceeding relating to the release or thceat�ned teiease of any
<br /> . � �. I�ia^�'c�dcttits Substtzaoe or 8te violation of any Y�vimnmentaI Law.
<br /> !�� 1& C�:�}36h7�U1�'!�fR�1At.�mntor an'it give Ixnder prompt notice of any pending ar thr�ate�sa�action,6y private or
<br /> _ . ,�r�.Wice�tiues ta,parci�r��:or take any or all of the I'c.nperty through condemnari�n,em�a:ct do�aig,a3 any ather
<br /> ; � mr,;�.Cra�tca suthorix�:r�:i��ader,t��ntervene in�r�.ator's name ia any of nR�3i�ove describ�:d actia�vr claimg.
<br /> . Gr�tur assig�t�J.en�e��eE>e pmceeds of any award�or c2aim for damages co:,rr-�cted with a w�,:ianation ot other
<br /> ta9�ag o�aJ�r a,°.ro�pa.rt af We Property.��:ch praceeds shaU be considered payments aad v�Iti:�agp�ir.d as providecl in
<br />: ' this Socurity L►�titttcn:�l.'I�is assi�nur.�u.0 bf praceeds is subject us the terms of any prior emflstga�,dee@ of trust,
<br /> sececsiiy a�c�t�s7 ar olt��lien 8ocumen�.
<br /> . 19. INS�iR��L�►��ntui�s�all keep Froperty insured agai�ust toss by fire.fload,theft and olhep hazepds and risks
<br /> reasoLa�rly assasiat5�3v.YiH�he Properiy due to it�type and location.This insuranoe shall be anainr�ned in the amounts
<br /> aacl fcrr gte:pe.siwda•thz��Lender reqwres.The insuraaoe carrier p,roviding the insurance shall b�chosea by Graat�r
<br /> s�bj�ta Le�t,aea'4 a�roval,�vtuch s�all not be unreasonalsty��srutiheld.If Grantor fails to maiatain the coverage
<br /> . � dWcrib�.d ab�ave;�:�:lrs�rr�a}�,at Leadr:'n'�s�aPttmp•obtain coverage to protect Lender's rights i�the Praperty according
<br />. r�th.¢e:rrm�Oi1�:�c�rAii�P.nstrument�
<br /> ,�,�1�rta��g�pii.�es�a�:rl.rih.ewaLs shall 6e accegt�l��i.to Lender and shall include a standard"mortp�:�.�se"and
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<br /> �� '° . wtte�e appl�st�.��usi"t�s p'rt}�r:c clause."Grantor sltai�u�ntnediatety notify Lender of cancettation or ter�.�on of tho
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<br /> � -� ��:za�:c.Lor��4.�ettci�9 hsle the ri�;h..ta;��t�e p�ak�cies and renewaLs.If Lender reqnires,GYaniar sha,�l imm�liaYely
<br /> � ' � pve to Lervle?a�]��at.��►Ls of paid pt�mi.r�ic cri�r.�ewal notices.Upon loss.Grantor shaiS���imm:diate notice to
<br /> �" Ifi�i�vsuvx;�x+�rie7�aa�i.eader.Le,�'rt�:�n'�ay m�kr.•proof of loss if not made immediately by��rntar.
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