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<br /> . tn tFw QvQ,+t oi th�pass�+of��y liw deductinq irom th�wlue of rca!property�the������xatio�
<br /> of any lien thcrean,or clw�infl in any way tl�e taws for the taxalio�oi dreds of tru�t or debts seturtd by de�ds of
<br /> I trust far state o�!aa!p;r;pc,v..ts,or the manner of th�collettion of any wch taxes,sc��s to affQCt thls D�ti oi Trust,
<br /> 1 the hotder of this Qeed o4 Ts��st�rxt o'the obtipations which it securQS shall have the�ight to detlare all sums secur�d
<br /> ►wrQby duP as of a d�tP to tof specified by naz I�ss than�0 days'written nutice to be yiven to Trusta►by 8�r►�flciary,
<br /> pravidQd,F10YtiQYQf,thai wch�I�ct�o»shall bR In�ftYCtiv�if Trustcu is perryiitt�d by I�w to Qay thr wholo ui wch tar in
<br /> � additia�ta alt otltitr payments►equired Iwreunder and if,priar to wch sprcified date,daes pay such tax a�d agra�s
<br /> . � ta pay any su:h taY xfien he:eaftar levi�e!or assas�d aqainst such property,anr!su=h�r�r�►ant shalt cansututt a
<br /> ma-lificaiiorti of t�s Dezci of Trust.
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<br />-� Sun►s Advant+�to Y�r inlenst: To pay imm�diatNy upon dtmand any sums advanted o�paid by B�nsfici�ry
<br />__ or T�ustee un��r�ny tlsuu or pravisio�nf this Deed of Trust. Any sut�sums,u�til w repaid,shall be ucured henby
<br />'_� ; and bea�interest iroan thr data itwas advanced or paid at the sama rat�as such indebtedness and shall be sacured by
<br /> this D�ed of T�ust.
<br /> . j Assi9nenent of Osposits: �'?Wt as furthrr adciitional s�curity if this t� a cor�structior� laan, Tnista h�rtby
<br /> `_ � transfen and assigrr, ta Bpc�fiei�+duric� continuanee of.ttwsa Trusts, all right, titlo and interett to any ar�d all
<br /> morties deposited by Trustor or dtposited or�behali of Ttusta v►i;h any city,county, public body or agency,sa��itary
<br /> -- district,gas andit�r et�ctric com�ny,tet��k com�any�r►c.+ any other budy or ayenty, for the installation or to
<br /> sQCUr�the irutallatian of any utiiity ay T�ustcu qrtare�ir�q to this property.
<br /> = Failure of T�usta to Comply with De�d of Trust: Stwuld Maker o►Trustor fail to make any payment,or to do
<br /> �� a�y act as pravided in this Deed of Trust,or fail to ptrPc�:m any obligatior�secured by this Deed of Trust,or do a�y act
<br /> - Maker w T�ustor agreed na!to do, Trustor shalt 6e in default under this Ueed of T�ust. 9eneficiary, but without
<br /> = obli9atior�so ta da and withaut�atice to or demand upon Trustor and without rel¢asi ng T�stw from any obligation
<br /> = hereof and witFwut cantesting the validity or ama�a-,t at the same,may(aI make or do th�same in wch manner and
<br /> - to wch extent as it may �ieQm necessary to p►rotect tfn�security herQOf,Beneficiaryr taeing authori:ed to enter upnn
<br /> wch property fo�wch purpases,and (b)pay,p4uchase, co�test o►compromise any encumbrance, charge or lian,
<br />_� which in its judyment is ot a}�pean tp be prior or wperier he►eto,anci(c)in exe�cising any such power,pay necessa►y
<br /> _� expenses,employ counsel and pay his reasonable fces. Trustor agre�.*s to repay any amount s¢expended on demand
<br /> :, of Beneficiary.
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<br /> IT IS IYWTUALLY AG[tEED THAT:
<br />„s� Envi�oemenUl Disdsi�ner. Trustor warranis(and this shall be a continuing warr�nty which shall s�rvive unt+l
<br /> - all the oWigations of Maker orTrustor to Trustee and B�neficiary have b�en f�lly satisfi�d?¢�at it is in tompliance
<br />= with all federal, state aru! laal environmenta!laws and regulations artd has obtained ait environmental parmiu
<br />�� nec�ssary or apprnpriate to the co»duct of its busineu. There is not pendiny,nor to ttu best of T►ustor's knowl�dqe,
<br />= after due i�quiry. are lhere any threatened envirorsre�ental enfwcement actions,wits or procredin�s �fo�e any
<br />= court, tribunal or administrafrve body or official. Trustor, or�y responsible cxfii�.rer,yeneral partner,nr ageni of
<br />°_ T►ustor.has not,nor has any fom�er owner o� �eal prop�►ty acupies!by Trustor.�red,used or disposad of any toxic
<br />�� or hazardous wbstance on its p.op�erties or t�anspo►ted any wch substance to or fiom its proptrties in vidati�af
<br /> - any preset►tly txist%rg or previousty existir�g tawt,�egulations or poli�es. The Trustor will not si,ort.use or dispQS�of
<br />— such substar�ces oce this property.
<br /> - - � � liiigstio�: Tnestw slsa[! drfend this Tfusi in ar.�f actior� or procerding purpart;ng ta affrtt sut� Pra�serty. _ .
<br /> whether or rwt it affects the security heteof, or purporting to affect the rights or powers of Beneficiary or trustee,
<br /> " a�d shall file and prosecute atl nec�ssary claims�nd actions to prevent or recover for any damage to or dastruction of
<br /> __� wch property; and either Trustee ar Beneficiary is hereby authorized, without obtigation so to do,to commerue,
<br />- - appear in or defend any such attion, whethsr brought by or against Trustor, Berk�iciary or Trustee, o�with or
<br /> = without wit,to exercise or enfarce any other right,rQmedy or powe►availabte or cor�ferred hsreundet,whethe►a
<br />�` not judgment be ente�ed in any action or proceeding; ar►d Trustre or Beneficia�may�ppear or intQrvene in any
<br />_,� attion or praceeding. and retain counse!th�e�ein; and take wch action therein,.as either may be advised and may
<br /> serile,compromise or pay the same w any�other claims a�d,in that behalf and fw any of said�urposes,may expenci
<br /> „ a�d advar�ce sucF� wms of money as eith�r m�y deem necessary. Whether or not Trustor s+o appears o�defends�
<br />= T�ustor on dem�c�d shatl pay alt cosu and ex�erKes of Beneficiary ar�8 Trustee,induding costs of evide�ce of title and �
<br /> - dttomey's fees i�a reasonable wm, in any sucfi action or proceeding in whith Benefitiary or Trustee ma�aappeu by
<br /> virtue of being made a party defrnda�t w otherwise and inespective of wheth�r the interest of Beneficis or
<br /> - Trustee in wch property is directly questiorsed by sctch attion, including but not limited to any attion f the
<br /> condamn�tian or panition of such proper��p aeid any w it ixouqht by Brn�ficiary to foreelose thls Deed of T�ust. "
<br /> = Condeennation: Ai!wm9 due,paid or payable to Trustor,or any wccessor in interest of Trustor,whetlxr by
<br />--= way of judgment.settlanent os otherwise,fa)for injury or damaqe to wch pro�►rrty, or(b}in conr�ection with any
<br />- con�demnstion for puWic use or injury to wch propertY or any part thereof,or(c}in com�ctio�with tht transac4ion
<br />— financec!by the taan setured he►ek,y,or(d)arising out of all causes of action,whether accruing b�for�w aftQr the
<br /> i- date of this Deed of trust,soundin�in tort or contract, including causes or action fa fraud or caxealment of a
<br />— material fact togtther with thr sQttlQrt►ents,praeeds,awards and damages,dirett and consequential,in connectian
<br /> therowith,are h�reby absolutely�nd inevocabty assigned and sha!{be paid to Benefiauy,wbject however to the
<br /> riqhts of the holder of anyprior lien_ Beneficiaryshall tse entitled,at its op�ion,to commence,intervene in,appea►in
<br /> � and prosecute in its oyvn name,any action or prxeedinq,or to make a�y compromisQ or settfement, in tonnection
<br />— with any wch taking ar da�rsage. Trustor agrees to execute wch further auiqnmenis of any compensation,awsrd,
<br /> -= damagrs,►i��,is of actian sr�f F c.�ee�Ls as Bcf+eficiary may require.
<br />- Tht a�nount raeived by Beneficiaty purwant to this O�ed of Trust under any�re or othet iruurante potit ,in
<br /> • connection with any coctidet»rtation for puWic use of or injury to wth property, for injury or dama9e to wth
<br />•=�. property,ar ir►connecti<xs with the transaction financed by the loan secured hereby afe to be a�lied at il�e e�t�or�
<br />=�` of Beneficiary upart any indebtedness secured hereby. No wch applicaUon, use a release shall cure or waive any
<br /> - default w notice of default Ix�eur►der or invalid�tQ any act done purwant to wch notice.
<br /> Consee+L Pa�4i�1 Reconve�rance,Etc.: At any time,or from time to time,wiihout liability therefor,and without
<br />� notice,upo�s writtcn rec�uest of Beneficiary,and without affectinq the personal liability of ar�y p�rson for payment of �
<br /> - the irt�debtedroess seturetJ herQby,or the lien of this Deed of Trust upo�tF�e remainde�of wth prop�rty for the full
<br /> amount of the indebtedness then or thereafter,secured hereby or the righu w powers of the Beneficiary of the
<br /> Trustee wich respPCt to the remainder of wch property, Trustee may (a) reconvey a�y pan of wch property, (b)
<br /> , cor►sent to the making of any map or plat thereof,(c)jan in granting any eas�mta�t thereon. or (d) jan in any
<br /> - extension agreernent or�ny agreement subard in�ti ng the lien or charqe hereof.
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