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4 ;... ' ' . , `_ __ <br /> .. . 9��-i0��0 . � , . .';� . <br /> •Proceeds7 in oonnecGon�aith condemnaUon or other taking of the Property or part thereof,or for conveyance in lieu of condemnation. : , ; ,�, <br /> ' Lender shall be enUded at its option to commence,appear in and prosecute in its own name any action or proceedings,and shall aiso • " �s�- <br /> be enUGed to make any compromise or settlement in connection with such taking or damage.In the event any portion of the Propsrty is • , . �.��; <br /> • vo taken or d2mageQ,Lender shall have the option in its sole and absotute discretlon,to apply atl such proceeds, after deducting _ � � :` �- <br /> ... therefrom ell Costs and expenses Inwrsed by it in cannection with such Prozeeds,upon any indebtedness secured hereby and in such • =� <br /> order as Lendar may detonnine,or to appty all such Proceed"s,after such deductions,to the restoratiort of the Property upon such mo- �.< �� '`1 <br /> ditions as Lender may datermine.Any apptication ot Proceeds to indebted�ess shali not extend or post}�one the due date of any pay- � � . ' . " <br />� ments under the IVota.or cure any default thereunder or hereunder.Any unaQpiied funds shalt be paid to Trustor_ � . <br /> • 8.PeRormartce by lsnder. Upon the occurrence of an Event of Qetauft hereunder,or"rf any ad is taken or legai prooeeding ` . <br /> . cammenced wtilch materialty aflects Londers interest in tha Property.Lender may in its o�vn discretion,but without obiiga6on to do so. ' -� <br /> and v�ithout notice ro ar domand upon Trustor and vrithout releasing Tnistor from any obli�ation,do any act which Trustor has agreed ' . • <br /> � but tailed to do and may elso do any ott�er act it desms necessary to protect the security hereof. Trustor shall, immediately upon � • <br /> . � demand therefor by Londur, pay to Lendet all costs and expanses incurred and sums expended by Lender in connection with the exer- , � , <br /> _. _ cise by Lender o!the forego�ng nghte,together vrith interest ffiereon at the default rate provided in the Note,which shall be added to _ __ _ _ <br /> . !he indebtedness secured hereby.Lendar shaQ not incur any Iiability because of anything it may do or omit to do hereunder. ,. � � <br /> ' 9. Hazardous Ma2erlata.Trustor shall keep the Property in compliance with all applicabla laws,ordinances and tegulaUons � <br /> relating to indusVial hygiena or envfronmantal protection(wllectivery referred to herein as"Environmental Laws�.Tnutor shat!keep ` , . . . __ <br /> , the PropeRy freo from all substancc�s deemed to be hazardous or toxic unrter any Er�vironmental Laws(collectivety referted to herein � - __ <br /> . as'Ftatardous Materials').Tnistor hereby�varrants and represents to Len�er that there are no Hazardous Materials an or under the - . � �� _" _ <br /> _•r. _ <br /> � Propsrty.Trsistor horeby agrees to tndemnify and hold hartnless Lender,its directors,officers,employees and agents,and any succes- - -= <br />