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<br /> � � ' •proce�ds7 im m�necBon with oondemnatton or o4t►er tafcing of the Property or paR thereof,or for conveyanoe�n lieu af condemnatlon. _ �:..� ..:
<br /> L.erider shali be errtiUed at itg option to oommenoe,appear in and prosecute in its o�+m rtame any acdon or prooeedings,and shatl also 4;;i�� -_ _
<br /> ` � . be e�itted to make any oompram(se or settlement in connecGon with such taking or damage.in the event any poRion of the PropeRy is _ _ ,
<br /> . so taken or damaged,Lender s�atl have the option in its sole and absclute discretion,to appry all such proceeds, after deductlng , �:;,::
<br /> ' ' ' therefram all costs and expenses incutretl by it in oonnecGon wiU�such Pirooeeds.upon any indebtedness secured hereby ���� _. .
<br /> � ' order as Lender may detemdne,or to aPplY ail sucb Prooeeds,aRer such dedudions.W the restoration oi the PtoAerly uno , . �
<br /> ` • ditions as Lender may detertn(ne.Any applIqtion of Prooeeds to indebtsdness shait not extend or postpone the due da:e ot any pay- , , •
<br /> ` � � " menis unQer the[Vote,or cure any default thereunder or hereunder.Any unapptied funds shati be paid to Trustor. , .. � t,'�
<br /> ' < ' , � 8.Perfomiance by Lender.Upon the ooattrenoe of an Event of Oefauft her+eun3er,ar if any act is taken or legal proceeding ;', 4,.�, �.,.
<br />-, . u wmmenced which m8terialty affects Lender's interest in the Property,Lender may in its own discre6on,but without obliga6on ta do so.
<br /> � and without�otice to or demand upon Ttustar and without releasing Trusior from any obt'rgadon,do any act whid�Trustor has agreed < •• � _
<br /> - .`4.�,--_-'�;,� twt taited ta da and Rray aiso do any other ad it deems neoessary to proted the security hereof.Trustor shail.immediately upon _ -
<br /> . _ ., °. demand therefor by Lender,pay to Lender all oasts and e�enses incurred and sums expended by Lender in oonnedion with the exer- `
<br /> .. , ,�,{•j cise 6y Lender of the faregoing rights,together with interest thereon at the defauft rate provided in the Note,which shail be added to �:
<br /> ' the indebtedness serxued hereby.Lender shali not incur any GabTity because of anything it may do or omit to do he�under. �-��-:-.
<br /> � . 9. Hazardous Materials.Tnistnr shail keep the Property in compGance wNh alt appiicable laws, ordinances and regutations , �•
<br /> c.� � reta6ng to industrial hygiene or envtronmental protection(ooflectivety referred tn herein as'Environmentai Laws�.Trustnr shall keep � Y• ���` `,'
<br /> °� " � th8 property free from an substances dsemed to be har�rdous or tu�dc under any Emironmentai Laws(ccltectively referred to herein .` ` '
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<br /> ss•Hazardous Materiats7.Trustor heceby warranLs and represents to Lender that there are no Hazardous Materials on or under the :� r � ,s <:
<br /> Property.Tnsstor hereby agrees to inde�rtnfir and hold hanmtess Lender,iLs dIrectors.offtcers,emptol+ees and agents.and any sncces- ,..k���?I.
<br />'=Y� ,. sors to Lenders interegt,from and against any and alf da3ms,damages,losses and liabflides arising in wnnection with the presenaa, � s � �-. _
<br /> • use,disposai or transport af arry Hazarttous Materiats an,under,from or about tha PropeAy.TME FOREGOII3G WARRRN77ES AND ;'
<br /> ?� . REPRESENTA?IONiS.A[�i0 TRUSTOR'S OBUG6►TiONS PURSUANT TO THE FORE(301{�IG INDEMNITN. SHALL SURVIVE y� _
<br /> �r.:
<br /> ; ..t, FtECONVEYIWCE OF 7HIS DEED OF TRUST.
<br /> 10.Assignment of Rents.T�r heceby assfigns to Lender,and grants Lender a securih�interest in,all preserrt.future and .
<br /> � - after atising renLs,issues and profits of ttse PropeAy:provided that Trustor shail,undi the oaximenoe of an Even!af Default,heretuider. � 7 �---
<br /> a
<br /> - . • ' have the right to cailect and retain such renis,issues and profits as they become due and payable.Upan the occumer�ce of an Evarrt af _
<br /> -- . r�'.� QeFauti,Lender may,either+n person or by agent,with or without b�inging any adion or proceeding,or by a reoeiver appointed by a _ .r ` _
<br /> - couR and without regard to the adequacy of its security,enter upon an�take possession af the PropeAy,or any paR thereof,in its own _. , ':
<br /> name ar in the name of the Trustee,and do any acis which it deems neoessary or desirable to preserve the vatue,marketabiiity or �_�_
<br /> �.% rentabflity of the Property,or any part therecf or interest therein,or to increase the income therefrom or proteCt the secudty hereot anA, _
<br /> , � � with or without taking possesston of the Property,sue fir or otherwlse coltect the rents,issues ar�d profits thereoi,induding fhose past •"_
<br /> - due and unpaid,by notifying tenants to make payments to Lender.tender may appiy rents,issues end profits.�ess oosts and expens-
<br /> ,�•�:r_
<br /> � � - es ot operaUan and coNectlon induding attomey's fees,to any indebtedness secured hereby,all in such oMer as Lender may Qeter- - -�- .-a---
<br /> � • mine.The entedng upon and tak(ng possesston oi the PropeRy,the oollecdon af such rents, issues and profits,and 1he applicatlon , :�:�
<br /> � thereof as abresald shatt not cure or watve any defautt or nodce of defauit hereunder or invalidate any act done in res��i�su�ch . - _____
<br />_ � � detault or pursuant to such noUce oi default and, notuvithstanding the contlnuanoe in possession oi the prope�ty -
<br /> �.,;� • � ' receipt and appticatioo ot rents,issues or profits.Trustea and Lersder shall be entWed to exercise every�ight provided for in arry af B►e �,,_.,:----
<br /> • Loan Instruments or by law upon oc�urrence ot any Event oi Delaut�inctuding wRhout limitatlon the dght tn exercise the power oi safe. � ;:�,;;.-:
<br /> Further,Lenders dghts and remedfies under this paragraph shall be cumutative with,and in no way a limitation on,Lende�s dghts and ,
<br />" � ��` remedies under any assignment oi teases and rents recorded against the Property.Lender,Trustee and the receiver shall 6e liabte to „_,.{;�:_
<br /> ' � �� > account onty for those rents adually received. " _ --_
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