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<br /> 1$. REMEDIES ON DEFAUL�l'. Ia tom-fusttaces.feQefut end state law w�11 ttqutre Latder m provcio Granwi...G� — - - _
<br /> - natiu of�te rish[w cure ar othtt notica end may esablish time schatules for foreclosutt actions• Sub}cet oo thrse � � " � ; `_
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<br /> limlta¢ons.if azry.l.e�det may accelemLe rhe Saurod Cebt au�fo�eclose this Secunry Insvum-nt in a manaer . , .�
<br /> • provided by!aw if G�anwr is in dsfiult. `
<br /> � At tAe option of Leodee.dl or atry patt of the egn�ed fees and cAarga.eccmcd intetest aM priac�pal sGall become �. . • .
<br />� �, imn::diazely due nnd Fnyable.nfter givtng mria if�equiced Ey law.upon dte ocaurence of e ddauit or anydme � ' •
<br /> thereaRer. In additlon,l.ender sl�all be cnti8ed ro aii the reme6ies pmvtded 6y law.rhe[erm�of the Sccu�sd Drht, . .
<br /> th�s Secunry insmiment e�d nmy related documettts,insluding withnut tunitatian.the power to sell the Pmpetty• � �. . ; -
<br /> - It diete is a dcfault.'Cn�sr.r,shall.in addiaon to nny otfier permit[ed remedy.at the rcquest of�he l.en�er.sdvertise � . —
<br /> .. _- ard stti tEe Pro�!}r as a whoie or in stparate parcels at mihlic auaiun m rhe highest bidder for casd and wnvey ----.- -- .
<br /> aDsolute ti11e free end clear ot nll righi.Gde�ad inreiest of Granror at such timc and piace as Tnisc:e da�g�.aus. - , . _j•'
<br /> Trus�e shatl givs nodce of sate inctuding the 6m2,cemic a�d place af sale aad a descripdoa of fhe propeny oo be sold •• �
<br /> .
<br /> as requi�ed by[�e appSicabl:law in effea at tLe rime of the pmposed sale. - _ " � -
<br /> • , Upon sale of the pmp�ty acd to tLe exmnt nnt pm5ibited by laa,T[ustee shall make and deliver a dxd m the Pmpetry � `":,�4;,�:_=�*:��....
<br /> '' sotd whieA�omeys a6soMe titie w ths put�Gaser.and after fitst payu+g all feas.cSarSes aad costs.sLall pay ro Lender all . -- - _ ,
<br /> . moneys ad�ranced for reQaiis.taxes.insurance,tiens.us��er�d prior enaimbtances aad'mtecest d�ereo0.and the • � ' . , �`
<br /> e� •
<br /> ptincipal a�inte►est on the Secuied IIebt,PaYNS��Plns.if enY.to Grantor. l,eader may purchase dte Properry. �. �..„.,,�.,,.` .
<br /> . • '�e mh�Is in azry deed of comeyanse shall 6e psima facie evidenoe of tha fans set fordi theain. '. -°�"-.°`.�
<br />' All remalies aze dittinct,cumulative ard not exciusive.ard t6e Lecder is entided ro ati rer.�aiies provided at law or _'. :�`:•
<br /> equity.whethet ot not expiessly set forth. The accegt�uce by i.ender of any sum in paymen[or panial paymeas oa the ;";:';-:------'
<br /> Sx.uted Bebi aRer the balsnce ia due or is atcelesared or after fo�ecloaue proceedmgs are filed s1n11 not waax:x a •''��'�"`�
<br /> waiver of T.snder's right ro iequue wmPlete eure of any existing defautt By nnt exe:zising any mmedy oa Grantar's '
<br /> -.'�'' '-
<br /> defauit,Lender does nnt waive I.eadu's aSht to later caacder the event a default if it co�es or happeas e81in• ��"�""" —
<br /> • 16. EXPII�iSES;AdD�ANCES ON COVINAIV�`5;ATI'ORNEYS'FEES;COLLEC°fION COSTS. Faccept whrn �";��—
<br /> " pmhib�ed by law.Granaor ag�ees m pay all of Ia�der s expeascs if Giantor bieaches acry covenant in tdiv Sxusity . .•• -r,°�"�.•�.�-
<br />� r„ ,,.�rr Gra�nr will ako pay oa demand any amount iacumd bY Iender for ias�uing.inspectm8.Prese►vin8 ar
<br /> '`�S'�`�.r.f�w;`--`�'
<br />� atpeswise piotect�g the peopetry aad l+endtr's stcuritg�ee�t- 'I7�ese e�Peases mll beu�tertst faom tGe dars of " '��' • __=-
<br />�-- - the Fyyrtn�t until paid in full ai the highat murest nre m effect as pmvided ht the teims of the Secuted De6t :�.�—� :
<br /> Cnaaror agnes ro pay all wsts at�d e:peaces insarred bY I.ecder ro collecting.eafoieing or pro¢cting Lendefs righu .-�.'•',� - -
<br /> and�emedies under rhis Sscuriry Listrumtnt ltis amounc etay include.bnc is not limitsd co.aaomeys'fees.coun . -=�
<br /> `'`•; costs,and other le�l expenses. ltis Saariiy?��*�+++++—��ili cemaia in effeM unN�eleased. (iranmr agrees to pay .z:. � `.: ��-:'
<br /> �;'.�,. for aay caordaUoa eosrs of s�ech releau. : „ �.: ,�.:�I � ;°-_-
<br /> ��Y::�!`• 17. ENVIRONMENTAL LAWS AND HA�ARD(DUS SYJBS°rANCFS. as uud ia this sectiom(1)Environmean!Law ::
<br /> ;..�er..' meaas.ari�otit limitatio0.the Compteheusiva Envuoameatal Ruponsa.Compearedoa and Ltabs�iry Ad(CERCLA. ,X ,; �"
<br /> � .+ �,
<br /> .. 42 U.S.C.9601 u sct�.).attd all ather fedetal,state and lacal laws.cegularions.ocdiaances.court orde�s,atmmey _ � -�
<br />• . geneta!oQmloa�or inutptstive ktu�s coocemiag dse;^RITT�ealth.safety.welfate.envimnmeat or a haratdous �.., �i�r
<br /> subslsneC 2ad l2)Hal2nious Subsllnce meant any toxic,rs�'�,aceive or h2rasdons mare.w+� wute.Pollamnc or ' ,,
<br /> '..tr. c•��-,'.'�r;.
<br />� coammiaan[wttic6 has chameteristies orhich nader the r o�ce dsv�c.a�or poteetis'.�dangemas w the pu6lic �� a�'-.`!.��.
<br /> . . hsalth.safery.welfare or envimnmen[. 11ie term includos.uruboac[i�,'sv..'o.mY su65pnas definsd as'hat�rdous i S5���.:s"
<br /> ma�rial,••muo substaaas.''hazetdous waue'or'ha�asdous aub�'.�:z'•..�er anyr Faivironmrnml Iaw. ;;p:.
<br /> ' (3r�nmr npfeseals.avurtanta and ag�ee.a tha� "• .�`' _ �_..
<br /> A. Except as piev�ousty disslosed and aclmovrled„�d'm writiag to Lendtr.no Hard:dons subsrance is or avill 6e �,�:
<br /> - �- located,soored or celeaseA on or ia the Pmpcay- 'Ibis�esU�iction does aot apply w sma11 quaatitles . ......
<br /> of Hvacdous S�bslanus diat aze geaerally cecogab.ed m the appropriate for the mrmal use and maurteqance of .•.� . .�L, ' ;�+';
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<br /> • •'. me rroperty. �, :�'•�•
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<br />�`:�r!r,",� B. Eu�ept as pnevionsly discloscd and ectmawledged ia wridng m Lerder.tirantor and every teamt have been.are. ° .�>•�:.� .
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<br /> sad Ehell temoi[I in fiill tomplia[ICC Witt1 eIIy appliCBblC Em-�:c'.�uta!Iaw. ,,1�r•,r. ..�
<br /> .. �. f,mamr�tutU immediately notitjr Leader if a a_:�se or thtea:_..cd aleau of a Haaidous svbstutca occuis an, ..5�1!��. . ��' --
<br /> �. cn�r es attnot tha Ptoperiy or�ese is a vicLfln of a�Eavu+onmennl Iaw conceminS the Pmperiy. in wch - "1' —�j.,-----�:,,
<br /> �,.,,,..:. ar,e�rm.T'rranwr sha11 reke all neassary[e�::al action i:s acmrdaau witb aay Eaviro�emal Iativ. , �!rr�.,
<br /> ,.",=� '. D. Granwt s9aD f�ed'ntety ao6dy Lender m vrri�¢ug as soca:�1'aanmr lus ieasan to believe tl�tte is any '�" ` �.�s.'�
<br /> '::�"��;` pending or Nteateaed ime:1�..Y..n�,cLz�,or PmccaiinII cc�tn tLe ielwse ot�seatened ce2eue ot airy ,�, :� �
<br /> �'`.1•'.'�. Ha�tdons Snbsta�ua or�viria�un of zag�.zvimamental IIaw.
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<br /> 18. CONDIIVII�TATION. Gtantur R��.Le:.�cr f:�pt notice of aay pend3ng or thmtened action,by priva[e or
<br /> . � � public enddes tn pu�hue or ralce a�o-J of ths Yroperty duoug6 condemnaaon,eminent domam,or any o6mr �'�'�
<br /> � � �' meaas. dianwr su�arhes Lsader m%,^.•vens ia GranroPs name in eny of the above descc�bed actions or ota�as. � � .
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<br /> ��t�i�;; .� Granaor assigaa to l.ender the pmeeeds�`aay award or ctaim for damages wnneued aith a condemnadon or otfler
<br /> :;;���.•f:.' taking of&11 of atry part of the Yrope�. Such pmaeds s6a11 be wasIQered paymenis and will be applieA as pmvided i� • � , __�.:
<br /> mis goq�rity Inst�u,�nent. 'Ibis assig�^st of procecAs is subjat w the armv of an}r pr[or mortgage,deed of trust, �����g.
<br /> � securlry agreemsat ar ot6er t3en dac�en� — `-y-- I� �s,
<br /> � 'lYiiYlW-Y_
<br /> ��r;' �° 19. IIUS11BA1�TCE. (iiantnr shall Yap Ptc�etry icv�.�d^u.,ramct loss by fise.flood�theft�:d o�er haratds aad tlsks �
<br /> ' rasoaably associaoed with tha Property t'�v its Z�r.:�1 locaflon. 'Ibls iasurance sha116e mairtaitted'm tLe amouats a, �- w '��
<br /> , aad for�e periada that Lender nquims. 'Y'e i��^.ce caaier pmvidfing the insurance shall be ehcuert by aianwr __
<br />;�;«,,. .� subJeet to LendePs approval.whic6 s�zll ccs��nceasoaab�y wid�e's�. If aranwr fa31s oo malntain the coverage � =
<br />!��'�"' ��' descri6ed above.Lendet may.at Lead:r's c;�c�,cC�coveno c��::c�ce Leader's rigAtv in the Pmperty accoNing ._��'
<br /> ��'� • to me urms of�!s Secudry inswmenc ��. --_
<br /> ,'., ;; �,:.
<br /> �::�:; All lamraaca polieies and tsnewats sLatl tre acc��lc eo Lender end shall Include a staaderd'neortgsge clause'aad, 'tv,•-,,=�-, ._;_,...
<br /> � wherc ayplicable.'los�payee clause.' Qranmr shall immedlately notify Le�er of cancellation or tmminsflon of tAe ' �''�`�.:•'�•.�,-..•
<br /> .;,?�+`s+,atr -'+`-°__,�..:
<br /> ! ;nsutance, i,eadet shall tuve thc right ro huld the policies and tenewais. IP Lender cequires,Oranior shall imsncdiately '" �� ''�,
<br /> �� � ."erli'�iii�ir`—
<br />' ' �ive w Lender nll aceipts of paid premiumv and renewal no6ces. llpon loss,Grautnr shall give immediam notico to
<br /> . pie insurance carrier and Lender. Lender may make proot of toss if not made immediately by Grantor. "���, �
<br /> Unless othezavlse agreed in writing,all insulauce proceeds shall be appIied to tltio cestoradon ot rapair of the Property '. �"�
<br /> or m the Secured Debt,wherher or not then due.at Lender's opdon. A�ryr applicadon ot procads to principal sball not _,,
<br /> extend or postpone the due date of the se6edulcd paymeni nor change the amount of any paymrnt. Any excess will be • •.�'�,��- . �
<br />� . : paA to the Granror. If�he Property is acquired by Lender.(Iranmr's right to any insurana poticies and pmceeds , _
<br /> � resulting ftom damage to the P[operty beforc the acquisition shall pass to Lender to the extent of the Securcd Dcbt II '
<br /> : • imauQiauly befote the acquisition. � � ' .- .. . ra?,'
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