|
� . . :;. .
<br /> � �
<br /> �� � � . . �"; .'`":
<br /> .. - -- -
<br /> .a �.�., :. ._ .•;,,;Aw'�!D',.;:,�+tS�'a��'^.1�.'�•:)�i..�4•F -------...._h_.Lit� �,�q
<br /> .
<br /> ->e_±'�b.�!�914Y Yiklrra.uc�•- i.:- -. , . ._... _ ._ . _.. ..: ........_...--��-----_.. ._.._ .
<br /> ._ ..-�s_'.�--._....__..._..___.-' '-- ..
<br /> e. �
<br /> .:x 97.� ��
<br /> . ��. 101��� --
<br /> ' "Pmceeds")In connecUon with condemnatlon or other taking ot the Properry or paR thereof,or for cnnveyance In Ileu ot co emna on. �_,
<br /> Lemie�shsll be ent(tled et Its optlon to commence,appear in snd prosecute In Ite own name any actlon or proceedinge,and shail also vj�
<br /> he ent(lled to make any compromise or settloment In cannactlon with euch taking or damac�e.In tho event any ponion of the Proparty is
<br /> so taken or damngad, Lender ahall have tho aptlon in ita sote and nb;aluto diecro9lon, to appty ali ouch proccod�, aitor daducting
<br /> .. tharefrom ail costs snd expenses Incurred by It�n connection with such Proceods,upon any Indebtodness sacured heruby ared In euch
<br /> order as Lender may dete:�nina,or to epply all euch Proceeds,after auch deductions,to tho restoratlon otthA Property upon eucii eon-
<br /> . dilions es Lendor may determtnn.Any appllcntlon oi Proceeds to Indebtedness shail not extend or poatpcne the due date of any pay
<br /> * mente urrler the Note,or cure eny defautt thereunder or hereunder.Any unuppiled(unds shall be pald to Trustor.
<br /> ` E 0.P�rfwm�nc�by 1.�nd�r. Upon the occurrence af an Event of Detault hereunder,or it any acl Is takan or lepal proceedinp -
<br /> commsnced�vhtch materlally aHectd Lendera Interest In the Property,Lender may in ite own discretfon,but withaut obllgatlon to do so,
<br /> „,.,,,n:�� end without not�e to or demand upon Trustor end without releasing T►ustor(rom�ny obtlgatlon,do any act whlah i rustor hae agresd ,-
<br /> but fafled to do and may also do any other act it deema necessery to protoct the secudty hereof.TNStor shall,immedlately upon •j;
<br /> ,,;r:wr!�° demand the:efor by Lender,pay to�.endar all costs Rnd expenses incurred and eums expended by Lender In connection with tt�e exer-
<br />-�-�' cise by Lender of the foregoing righta,togethor vrith intoreat thereon at the defauit rate provided In the Note,which shall be added to
<br /> � � the Indebteainess secured hereby.Lender shall not Incur any Ilability beCause of enythfng it may do or omit to do herounder. _
<br /> ,, � 9.H�wedou� IYNt�rl�l�.Tnietor ahalt kesp the Property In compliance with all appUcable lawa,ordinances and regulatbns _�;
<br /> w
<br /> relaAng to IndusMal hyglono ar onvfronmental protecdon (collectively referred to hereln as"Envlronmental Laws'�.7rustor ehall keep ■_�.•
<br /> the Property iree trom sll substences daemed to be hazardous or toxlc under any Envlronmental Laws(collectively referred to hereln �
<br /> � �. as'Hazardoua Matedals�.Trustor hereby warranta �nd represente to Lender that there ero no Hazardous Matedats on or under the _
<br /> Property.TNStar hereby agreea to indemnity and hotd hartnless Lender,tta directors,omcere,employees and agents,end any succes- `
<br /> � sore to Lenders Interest,irom end agalnst any and all claims,damepes,tossea and Ilabilities arising In connection with the presence, _
<br /> use,disposal or transport of any Hazardaus Matedals on,under,from or about Iho Properry.THE FOREt301NC3 WARRANTIE3 AND _
<br /> � REPHESENTATIONS,AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREQOINCi INDEMNITY, SHALL SURVIVE
<br /> .`"' � ' RECONVEYANCE OF THIS DEED OF THUST.
<br /> ° 10.Assipnrtant�pf R�ntE.Trustor hereby assigns to Lender,and grants Lender a security interest In, ali pPesent,future anrl —
<br /> ����'`R_ after adsing rents,Issues and pro8ts of the PropeAy; provided that Trustor shail,untit the occunence of an Event oi Default,hereunder,
<br /> have the right to collect and reteln such rents,issues and proflts as they become due and payable.Upon the oocurcence of an Event ot
<br /> Default,l.ender may,either In person or by agent,with ar w(thout bdnging any ec�fon or proceedlnp,or by e recelver appointed by e
<br /> =�'��y` court end wiUwut regard to the sdoquacy ot ite security,enter upon and take poasesslon oi the Property,or any part thereof,In(ts own —
<br /> ..��� �ame or fn the name of the Yrustee,and do any acta which it deems nesessery or desirabte to preserve the value,marketabllity or
<br /> =�ri S�`"'� rBllfeb1111y O}the P�Op6fty,or eny paR thereof or tnte�eat therein,or to Increase the income therefrom or protect the�ecvrity heraof and,
<br />-:ti;u;?:; wffh or wiM�out taking possession of the Property,sue tur or otherwise collect the rente,tssues and profits 4hereot,inciuding Mose past
<br />:;�.;�.,�:,� due and unpaid,by notitying tenante to make payment�to Londer.Lender may appty rsnte,issues and protfts,less costa and expens-
<br /> �;,,j�;,,� es of operatbn and collecdon Inciuding attome�s fees,to any Indebtedness secured hereby,all in such order as Lender may deter-
<br /> .� .r , mine.The entedng upon and tekfng passession of the Property, the coitectton of auch rente. issues and prof�ts,and the applicatbn
<br /> :N��,,:.
<br /> =�,���° ., ifiereot as atoresatd shall not cure or waive ar�y default or noUce ot dofauit hereunder or Invalidate any act done In response to such
<br /> -_"�+l�x. tletautt or pursuant io aucn noiice�ui i,aiauii ai+d, :�et:r�ih�ndlr�ttt.^.t�!!S�!!!!°S`.^°1!2 �=oeeln��f thw �mnprtV ot th9 C0118CU0�1.
<br /> =-�;,�.F��� recetpt end applk;atbn of rents,issues or qroflts,Trustee and Lender shail be entitled to exercise every dght provided for in any of the
<br /> ���y'`� Loan Instruments or by lawr upon occur�once of any Event of Default,Inciuding wfthout Ilmitatlon the rfght to exerclse the power of sale.
<br /> �=-•�.ra�,�
<br /> ---.:�� Further,Lendera dghts and remedfes under this paragraph shall be cumulative with,and in no way a Iimitatfon on,Landors dghts a
<br /> �,r�� remedies unde�any assign:nent of leasea and rents recorded egainst the Properry.I.ender,Trustee and the recolvar ahail be Ilable to
<br /> _:. �� acwunt only fsr those rents actually receNed.
<br /> --"
<br />
|