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<br /> payable tv thc Lender. In casc of loss under such policies,the Lender is authoriud to adjusi. �.
<br /> colle�t and comproraise ali claicn9 thercundrr and shall have the aption of ap lyin�all or gart of
<br /> tha insu��cz proccc�s(il Lo any in�ebtedness secuta�heret�y and u�such o�r as LendGr mey �
<br /> dat�nine,tii)to ihe Trusior to be used for the e�pair or restorat'son uf the Property,oe(iii)for
<br /> any otl�er se or objxt satisfacwry w Lender without a�fccdng the lien of tIus I)eed of Tn�st =
<br /> for the ful am�unt securod her�bY�fare�uch paymeat e�ver took pla�c. Any application of pr�- –
<br /> or�cw�ct�3q}r�dafault�thereuader�tLereunde��the due ci�ate o€anY PaYnncats uttdes the�lut�, _6
<br /> S. �1Y. Upoa written de�r�aad by I.onder,Tn�stor shall pay tn I.end�r,in s�h manner –
<br /> as Leadcr may desigaate,sufficisat sums to enable Lender to pay as they bocome due one or
<br /> nnore of the faUowing: (i)all taxes,asscssmEnts and otha charges aguinst.the Property:(ii)the
<br /> �niyans oA the property insurance roquired hereundcr�and(iii)the pnwua�.s un any mortgagc
<br /> uLSUraa�ce requirod by I.w�dea'•
<br /> 6. M��3SroA��R�r.�'�n n-��--m,nlisn�with_I.�Y�. Tnisior shall koep the Froperiy iu
<br /> good condition and repair,sball pmmPUY nP�'�or repk+ce,aay improvenneat whic6 rnay be
<br /> damagod or dastt�yod;shall not comm�t or permit any waste or deteriora�ion of the Properiy;
<br /> stiall not remove,demolish or substantially altex any of the unprovanents oa the Froperty:sha11
<br /> not comntit,suff'er or permit any act to be done in or upon the Property in violation of any law,
<br /> ordinance or rEgWation;and sha�1 Pt'omPUY discharge at Tnuwr's cost and�xpe.�se all lieas,
<br /> eacnmbreuc�s aad char8es levied,imposed or assessod against the Property or any pari tberoof.
<br /> 7. F.minC��I24�ain� , all wm on,awards,daanaSes and
<br /> Lender is hereby assiSned Pe�s�
<br /> other paymeats or nlief(her�anafter"Pcoceeds")in connection vv�th condemnation or oZher
<br /> taicing of tt�e ProperiY or Fart tt�ere°f,or for conveyance ia lieu af cor�dennnation. I.ender shall
<br /> be entitled at its optioa ta commence,aPP���Prosecute ia its own name aay action or
<br /> P��B�►�s�l also be eatitled w make any compromise or settlement in connxtion with
<br /> such takin8 or dRn�aSe. In the eveat any po�tion of the Properiy is so taiuea os damaSed,i.ea�er
<br /> sl�sll have tbc o 04 it its sole aad absolute discretion,to aPP�Y all such Prooeeds,a�er
<br /> th�m all costs aad expeu.ses incun+zd by it in coc.aection with such Proceeds,upon
<br /> an�y�u�ebtalnas secuted ha+eby and in su�order as Leader mag detemnine,or to agply all sucL
<br /> pmooeds,aft,er sWCh deductions,w the ratoration of the Proper�y t�pon such conditioas as I�ender
<br /> may d�rmine, pny applicatioa of Proceeds w indebs�odaess shaU not�xtGad or postpone tl�
<br /> due date ofj�a��a�y.�paym�euts under the Note,or cure aay default ther�under or henuader. AaY
<br /> �uCQ 1{ii�11.1$�l� '!��_T��..a� . _. -. ._. .-- -
<br /> �i pj{{Y W 11Y�Yt. . . . _ .. .. . .. ..... .. _._ .... . _. . _ .._. .
<br /> g, . Upon the occwna�ce of aa Event of D�fault bereunder,or if
<br /> aav act is talc�en or legal procealin8 com�ne�c�,whieh msterially affxts Lender's inta+est in the
<br /> . i Lr »L:i!��,�vy±ti,��t tx�tice tu
<br /> pro y,I,adder may in its own dis�tion,oui wiu�ut�.,,�:... _
<br /> or �poa Tn�tor aad vrithaut nkasing Tnutor from any obl�gation,do aay ac3 w�nch
<br /> Tru.stor has a$toocl but fails to do and nz�a�lso do any otl�et act it deans neces.SarY tc+Proted the
<br /> security hereo£ '�t�uwr shall,immodia�y upon d�mand ther�for by I.ender.PaY to I.et�ckr all
<br /> ca�aad acpea�es incurred aad sums expendod by I�in conaoct�oa with the exercise b�r
<br /> Y.eader of the foregou�ri� g�Tti�,taBtthec with mteresQ ti��+e°°at t1���t�P�-°���the
<br /> Note,wtuch shall be adde��dx indebtedaGSS sec�u�ed hereby. I.en�deic shatl nat mcur aay l�abil-
<br /> ity bccau.4e of anything it may do or oiant to do here�nder.
<br /> g, uA� ,►,�g r9��,r�t_. TrusWr shall k,ee�r�Propecty in eompli�ea with a�
<br /> a�licable Laws,urdinances aad regula�oas relatiag ta u►dustrial hygieoe ar eavironmeatal
<br /> Protoc�on(cell�tively r�fentid w herein as"Enviroomeatal Laws"). Trusfior shall koep the
<br /> properiy frx fro�all substan�ces deem�d W be hazatdous or ta�e under aay Environm�ntal
<br /> Laws(collxtivdy r�fetred w hucin as"gia�ardous Materials"}. Trustor hsreby waaaats aud
<br /> �u to Lender that there are no Haza�dous Materials on or uader the Propai y. T�
<br /> hereby agroes w indemnify aad hold harmless I,ea�,its dirocwrs,offtca�s,emP Y
<br /> ageats,aad any successois w I,enae�'s int«rst,finm aad against aay aaa au claims,damases,
<br /> loases and liabilrttes arising in conna�tion with tha prese�ce,'��E FO EGOIN�G WARRANTIF.S
<br /> Hazard�us Materials on,uader,fr�m os about the Prop�rty.
<br /> ANp REPRESENTATION5,AND TR�STOR'S OBLIGA'PlONS PURSUANT TO'SHE
<br /> FaFc�Cn`3I;ti�^r�'C.'G�•P,t�.'�,SHP_I.L SURVIVE�tEG(D�TVEYANCE LDI'T#iIS I9EED OF
<br /> TRUST.
<br /> 10. l�SSi,gnment c�f ents. Ttvstor herehy assigns to I.e�dc.`t the reats,issues artd ptofits
<br />_- of tIx Properey,Providod that Tn�stor sbaU,lmri1 the occuszeace of aa Event of Defsui��
<br /> -- under.he►ve the rigM w collxt and retain such rents,issu�s aad profits as 4hey become due aad
<br /> = gayable. Upon the occwreace of aa Event of Default,I.ea�et may,eitha in�x,tson or by a8en�,.
<br /> v�nth or without bringi�n8 aay sdion or proceedin8,or by a roceiver appoinLed by a court and
<br /> — without rogard to the sdequaey of its ser.�ty,eater upon aad 3ake 'on of the Propaty,oc
<br />� aay pact t}�ereof,in its own name or in the name of the Tnutee,a��acts which it detms
<br />:�± nocessasy or desirable to preserve the value,marlcetability or rentability af tht Propaly,or any
<br /> ;- Part tl�eereof,or intcrest therein,increase the income therefrom,or pmtect the socurdy thereof,
<br /> aad,witb or wi�thhaui takin$possession of t�he Property,sue for,or othecwise collect,the reats,
<br /> isstties and profits thereof,mcluding those past due aad uapaid,and aPPly the same,less costs and
<br />-=� expenscs of operation ancl colloction including attocney's fees,W�on aaY indebtedne$s securcd
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