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<br /> cscc�:utr.d fur thc E�ui��o;c u6 crc:iUii�jt,::iE:urin�ur�u,�ra�dyee�p ti�c 5ecurc:d 1)eht..�.�*�c�d faith bclief by i..enetcr ih�et _
<br /> Ir_ndcr nt ai�p cinic ir.in�ecure witF�res�xct w nny per�o�i or cn�iey ohliQnted.on the Securcci X)ebt or thnt thc prospcct
<br /> ui eny payment ar thc valuc nf the Pra�p�:rty is impnired shnll eiso wnstitutc nn event of defuult.
<br /> l5. R�:M�1]IF9 ON 1?LN'AIILx.1n som�instiincc�s,Fe�icr�l cend s[iitc lflw will rcquire l.ender to pravide Grantor with
<br /> natice af the right to cure or other nolic�s and may estabtish time schedules far foreslosure ections.Suhject ta thesc
<br /> limitetlons.if nny.l.ender muy uccelers�te tl�e Secured Ucbt and fvreclaso this Security lnstrument in u manner
<br /> provldcd by latr if Grnntor i4 in dcfenl�. .
<br /> At the option of Lendcr,�Il oc uny part nf thc agreed fecs end rhnrges,accrucd interest and principal shull bccumc
<br /> immcrlintcly duc nnd pa�able, attEr givinR notico if rcyuired by Inw,upan ths t►ccu�rr�ncc of�dcfuult or�nytimc
<br /> thereattcr. In addition,Lc:nder shnll bc c:ntiticd to aU the r�cmedics providcd t�y la�v,the terms of the Secured Debt,
<br /> this Security Instrunnent and uny rclnted ducumexits,includingwithaut limitat3an,the power ta sell th�Property.
<br /> 14'�here is�defi�ult.Trustee shAll,in addition to any other pemnittcd remedy,at the rcquest of the I.ender,advertise
<br /> ami sell thc property as a whole c,r in separutc pAYCels at public nucdon to thc highest bidder for cash and convey
<br /> atxx�lttto titlo free nnd cicnr af�tll tiglst,title ac�cl itnterest af Grantor nt such time and place As`!'rustce designates.
<br /> Tr«stee shall give noiic�oS sz►fe including the tim�,tcrms nnd place o�snte and a description of the property to be sold
<br /> as reyuired by the applic.�b{o law in eifect ut the time af the proposed salc.
<br /> lJpon s:►te of tho property and to thc extent nof prohibited by law,Trustcc shall makc and delivcr a dced to thc ProperGy
<br /> snld whict�conveys absolutc title ta the purchaser,and after first paying ali fees,charges and c;osts,shaU pay to Len�Jr:r.ssJJ.
<br /> mcx�eys advanocd for repuirs,taxes.insurance,liens.assessments and prior encumbrances nnd interest thereon,anr!iixn
<br /> principal And interest on the Secured I3ebt,pAying the surplus,if any.to Ocantor.I.ender may purcha.^�:tlu:k'rop�rty.
<br /> Tite reciials in any deed af amveyance shall be prim�t facie evidence of the fucts set forth therein.
<br /> AU remedies�r.e distinct,cumulatLVe and not cxclusive,nnd the Lender is cntitled to ap remedics ncc�virlre�at law or
<br /> equity,wliether or not expressly set forth.The acceptaucc by Lender of a�y sum in pa3rmcn4 or partial tr;:y�nent oa the
<br /> Sec�red Debt after the balance is due or is ac.�elerated or after f�rcclosure proceedings are filed sGafl u.�t constitute a
<br /> waiver of I.ender's right to require camplete cure of any existing default.By not fxerr.ising any reinr:r3;r o�n Grantor's
<br /> default,Lender dces not waive Lender's right tcs iater considcr the event a default if.it continues or ita.�m��.s ag�in.
<br /> 16. EXI'ENSES;�DVANCES ON COVENANTS; ATI'ORI3EYS' FEES;COLLECTION CnS'�'lS�l'xcept when
<br /> prohibited by law,Grantor agrecs t�n pay aU of f.ender's expenses if Grantor breaches any covenant in this Se�cerf.,;r
<br /> Instrument.Grantor wiU also pay on demand any amount inct�rrcd by Lender for insuring,mspecling,preser.r�n,�cir,
<br /> otherwise protecting the firoperty and L.ender's security interest.These expenses will bear interest from the dale.nF,'
<br /> ttie payment until paid in fuil at the highest interest rate in effect as provided in the terms of the Secureci Aebt.
<br /> rr�i�r P�i����4��+?y n11 cnctc and exnen.ses incurrcd 6y Lender in collecting,enforcinR or prote�titl�1�.�eRder's riRhts
<br /> and remedies under this Security Instrument.'I'his amount may include,but is not l'unitcd to,attomeys'fees.cotut
<br /> costs,and other legal expenses.This Security Irstrument shall remain in effect until rcleased.Gra�uar agret:s t.��ay
<br /> for any rec:ordation costs of such release.
<br /> 17. ENVIR�UNM�NTNL LAWS AND 11AZARDOUS SUBSTANCES.As used in this section,(1)Cn.vi��nr�r.nenta6 i.aw
<br /> means,witho�it linutation�the Comprehensive Environmental Response.Compensation and Liability 1�ick(CERCI.A,
<br /> 47.U.S.C. 9601 eq�+�4.)�aad atl other federal,stuto and tocal laws, regulatians,ordinances,court orders,attorney
<br /> � general opinions or iqterpreti��e letters conceming thc pubGc hea�3�,ss�fety,welfare,environment or a hazardau�
<br /> substancc; and(2) Hw.a�+dous Substnnce means any toxic,r►divaative dr hazardous matcrial,waste,poflutant-r�:r�
<br /> contaminant which has characteristics which render the substance dargerous or potenGally dangerous to the p�bLtc�
<br /> •,. health,safety.welfa[a or environment.The term inc(udes, withaut limitation,any substan�ces d�fined as"hazarisous
<br /> , • . n�aterial;'"toxic substanccs""hazardow wuste"or"hazarduus substanoc:"under any Environmental I.aW�
<br /> � Grantor represents,waxrants and agrces that: �
<br /> � � A. Excegt a5 previausly discic�sed and acknowledged in writing to Lender.no Hazardous Substance is or will�bb�
<br /> ' � . loc�ted.stored ur rcleased on or in the Property.'fhis restrictio»does not npply tu small quantit➢ea pf
<br /> � '' Hazardous Substan:es that are generally recognized to be eppropriate for the norm3►l use and maintenance+tif
<br /> tt�e I'roperty. .
<br /> � B. Except as previously disclosed and acknowledged in writing to;.ender,Grantor and every teaant have baen,are,
<br /> and shall remain in tull compliance with any applicable Environmentul i,aw.
<br /> C. Grantor shall immediately nodfy I.ender if a relcax:or threatened release of a Hazardous Sabstnnce aocurs on,
<br /> uuder or about ths Property or there is a violation of anY Environmenwi Law conceming the Property.In sncfi
<br /> an event,Grantor shall take all neccssary romedlal action m acco�+clancc with any Environmental Law.
<br /> D. Grantor shall immediatel�r notify Lendcr in writing os soon as Grs�ntor has rcason to believe lhere is a�y
<br /> pending or threatened investigution,claim,or proceedipg relating to the releasc:or threatened release of any
<br /> Hazardous Substamce¢�a�:h e�,.iolation of any EnvironmCc��nl L.aw.
<br /> , 18. CONDEMN�►TION.Grantor,�ari',!t;give Lcnder prompt notic�c of any pending or threatened action,by privatc or
<br /> ' � public entrties to paaar,lsase oa Si�k�any or Alb m�t the Pmperty through condemnation,eminent domain,or any othcr
<br /> means.Grantor am4lh�.r�i�35 I:�nc?z�to i�teivc�re a�a Grantor's name an any of the above described actions or elaims.
<br /> Grantnr assigns to Q.Sa:nJ�r t1:e�.t:keads of ar,;c trsus rd or claim for damages o�nnected with a wndcmnation or other
<br />; '� taking m�f�ill or any pxrt af the��r�:�,p�-r,�v:Such pr.,�ceeds shalE be cansidercd payments and wiU be applied as provid,e.)i�ira
<br /> this S�a:7�i.x Instrument. `This t�.�:�,r.,nmzi�t of prececds is su.�ir.�1 to the tcrms uf am�r t�ri:clr mortgage.deed�ti L`:+:'�s;,
<br /> security a�cmens or etrer li;:n�rwim�ent. , " •
<br /> ��,l.�i. INSURANC�.�Ga•�tmi�x shall keep Propert�:un:;u;ed against loac by ffcm�e;iF}s3od,theft and otl:¢�tina•��i�Js anri�s�s
<br /> reasonably assa�ia4�c���sv�th the Pcoperty du�e��iir,�t;rpe and locatian.Th�u�^s��.°actce shall be:maintai�:��'i�s.!t,�e arx�r.su�ts
<br />- and for thc periods tliat Lencber ffequires.The insurance carii�x providing the inseu��,e shall be clnosen by�v�rsul:.;a�
<br /> subjeci to Lender's approva�,m1�u�h shall not be unreasm�n:�1�;;�withheld.If Grar�t�u ts'i7s to maintain ihe cti+•�:��.��c.�e
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<br /> QCSCIIQCU 7fODYC.1.CIIUGI tiiiiy�gi Y'..cttuct�v�iiviy wtainvowaa�civ�ivac�t a.a:n�s�.'o�vr�caw in uaa,a avtn.aij aa..,wcw:nsr: �
<br /> to the tcrms of this Secunity Instrtiment.
<br /> All irrsur+ncc policies and renewals shal7�s a�.a:ptabte to Lender end sha:y include a standard"r�as���;�s clatssc"arn�f,
<br /> �vherc npp{icablc,"toss payee��.--.;�:'Graa:at shall immediately notiFy 1Lender of canceilation ar r¢�inatio��f the
<br /> insurance.Lcrtdcr shall havc c1'o�m�:l to hold the pnlicies and renewals.if Lender requires.Grantor shall imr��;aa:���y
<br /> give to i,ender�I!receipts ot�3i��remiuros and renewal notices.LJpon loss,Grantor shall�ive imraediatc a�tmse t�o
<br /> the insurance carrier and Lender.I.ender rr.��enake proof of loss iE nvt made immediatcly by GrancaT.
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<br /> (p2�qe 3 of I)
<br /> O tOYI Bwit�n�hrtr,t�c.61.qo�d,IMN It-000�,'lD7,23H)Fam RE�pT�NE d'691
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