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DEED OF TRUST 2 012 U 3 4 0 3
<br />Loan No: T01�51582 ' ` � � = � (Continued) Page 5
<br />eny proceeding or purchase in lieu of condemnation, Lender may at its election require that all or eny portion of the
<br />net proceeds of the award be applied to the Indebtedness or the repair or reatoratfon of the Property. The net
<br />proceeds of the award shall mean the award after payment of ell reasoneble costs, expenses, and attorneys' fees
<br />incurred by Trustee or Lender in connection with the condemnetion.
<br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating
<br />to governmental taxes, fees and charges are e part of this Deed of Trust:
<br />Currerrt Taxes, Fees end Charges. Upon request by Lender, Trustor shell execute such documents in addition to
<br />this Deed of Trust and take whatever other ection is requested by Lender to perfect and continue Lender's lien on
<br />the Real Property. Trustor shall reimburse Lender for all texes, as described below, together with all expensea
<br />incurred in recording, perfecting or continuing this Deed of Trust, including without Umitation all taxes, feea,
<br />documentary stamps, and other charges for recording or registering this Deed of Trust.
<br />Texes. The following shell constitute texes to whlch this section applies: (1) a speciNc tax upon thia type of
<br />Deed of Trust or upon all or any pert of the Indebtedness secured by this Deed of Trust; (2) a specific tax on
<br />Trustor which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type
<br />of Deed of Trust; (3) e tex on this type of Deed of Truat chargeable against the Lender or the holder of the Note;
<br />and (4) a specific tax on ell or any portion of the Indebtedneas or on payments of principel and interest mede by
<br />Trustor.
<br />Subsequent Taues. If eny tex to which this saction applies is' enacted subsequent to the date of this Deed of
<br />Trust, this event shall have the same effect as an Event of Default, and Lender may exercise any or all of ita
<br />available remedies for an Event of Default as provided below unless Trustor either (1) pays the tax before it
<br />becomes delinquent, or (2) contests the tax es provided above in the Taxes end Liens section and deposits with
<br />Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a
<br />security agreement are a pert of this Deed of Trust:
<br />Security Agreement. This instrument shall conatitute e Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall have all of the rights of e secured perty under the Uniform Commercial Code
<br />as amended from time to time.
<br />Security Irrterest. Upon request by Lender, Trustor shall take whatever ection is requested by Lender to perfect
<br />and continue Lender's security interest in the Rents and Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender may, at eny time and without further authorization from Trustor, flle
<br />executed counterparts, copiea or reproductions of thia Deed of Trust as a finencing stetement. Trustor shall
<br />reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor
<br />shall not remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble
<br />any Personal Property not affixed to the Property in a manner end at a plece reasonably convenient to Truator and
<br />Lender and make it available to Lender within three (3) days efter receipt of written demsnd from Lender to the
<br />extent permitted by applicable law.
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured perty) from which informetion
<br />concerning the security interest granted by this Deed of Trust may be obtained (each as required by the Unitorm
<br />Commerciel Code) ere as stated on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions releting to further essurances and
<br />ettorney-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will meke, execute and
<br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, end when requested by
<br />Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices
<br />and places es Lender mey deem eppropriate, eny and ell such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuetion statements, instruments of further assurance, certificates, and
<br />other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens and security interests created by this Deed of Trust as first and prior liens on the
<br />Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agreea to the
<br />contrary in writing, Trustor shall reimburse Lender for all costs and expenses fncurred in connection with the
<br />matters referred to in this paragraph.
<br />Attorney-in-Fact. If Trustor fails to do eny of the things referred to in the preceding paragreph, Lender may do so
<br />for and in the neme of Trustor end et Trustor's expense. For such purposes, Trustor hereby irrevocebly appointa
<br />Lender as Trustor's ettorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing ell
<br />other things as may be necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future edvences, when due,
<br />and othervvise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and
<br />deliver to Trustee a request for full reconveyance end shall execute and deliver to Trustor suitable statements of
<br />termination of any financing statement on file evfdencing Lender's secur(ty interest in the Rents and the Personel
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