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. 20120477�
<br />DEED OF TRUST
<br />Loan No: 70125�466 � (Continued)
<br />Page 5
<br />may be the nominal perry in such proceeding, but Lender shalt be entitled to participate in the proceeding and to be
<br />represented in the proceeding by counsel of its own choice, and Trustor will deliver or ceuse to be delivered to
<br />Lender such instruments and documentetion es may be requested by Lender from time to time to permit auch
<br />participation.
<br />Application of Net Proceeds. If ell or any part of the Property is condemned by eminent domain proceedings or by
<br />any proceading or purchase in lieu of condemnation, Lender mey at its election require that all or any portion of the
<br />net proceeds of the eward be epptied to the Indebtedneas or the repeir or restoration of the Properry. The net
<br />proceeds of the eward shall mean the ewerd after payment of all reesonable costs, expenses, end attorneys' fees
<br />incurred by Trustee or Lender in connection with the condemnation.
<br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAI AUTHORRIES. The following provisions relating
<br />to governmental taxes, fees and cha�ges are a part of this Deed of Trust:
<br />Current Taxes, Fees end Cherges. Upon request by Lender, Trustor shell execute such documents in addition to
<br />this Deed of Trust and take whatever other action is requested by Lender to perfect end continue Lender's lien on
<br />the Real Property. Trustor shall reimburse Lender for all taxes, es described below, together with all expenses
<br />incurred in recording, pertecting or continuing this Deed of Trust, including without limitetion all texes, fees,
<br />documentery stamps, and other charges for recording or regfstering this Deed of Trust.
<br />Texes. The following shell constitute taxes to which this section epplies: (1) a speciflc tex upon this type of
<br />Deed of Trust or upon all or any part of the Indebtedness secured by this Deed of Trust; (2) e speciflc tax on
<br />Trustar which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type
<br />of Deed of Trust; (3) e tax on this type of Deed of Trust chargeable against the Lender or the holder of the Note;
<br />and (4) a specific tax on all or eny portion of the Indebtedness or on peyments of principal and interest made by
<br />Trustor.
<br />Subsequant Texes. If eny tax to which this section applies is enacted subsequent to the dete of this Deed of
<br />Trust, this event shell heve the same effect as en Event of Default, and Lender may exercise any or ell of its
<br />availeble remediea for en Event of Default es provided below unless Trustor either (1) pays the tex before it
<br />becomes delinquent, or (2) contests the tax as provided above in the Taxes end Liens section and deposits with
<br />Lender caeh or e sufficient co�porete surety bond or other security satiafactory to Lender.
<br />SECURITIf AGREEMENT; FINANCINQ STATEMENTS. The following provisions relating to this Deed of Trust as a
<br />security agreement are a part of this Deed of Trust:
<br />Security Agreement. This instrument shell constitute a Security Agreement to the extent eny of the Property
<br />constitutes fixtures, and Lender shall have ail of the rights of a secured party under the Uniform Commercial Code
<br />as emended irom time to time.
<br />Security Interest. Upon request by Lender, Trustor shall take whetever action is requeated by Lender to perfect
<br />and continue Lender's security interest in the Rents end Personal Property. In eddition to recording this Deed of
<br />Trust in the real property records, Lender may, et eny time and without further authorizatlon from Trustor, file
<br />executed counterparts, copies or reproductions of this Deed of Trust es e financfng statement. Trustor shall
<br />reimburse Lender for all expenses fncurred in perfectfng or continuing this security interest. Upon defeult, Trustor
<br />shell not remove, sever or detach the Personel Property from the Properry. Upon defeult, Trustor shall assemble
<br />any Personal Property not affixed to the Property in e manner and at a plece reasonably convenient to Trustor and
<br />Lender and make it evaileble to Lender within three (3) days after receipt of written demend from Lender to the
<br />extent permitted by eppNceble law.
<br />Addresses. The meiling addresses of Trustor (debtor) and Lender (secured perty) from which information
<br />concerning the security interest granted by this Deed of Trust may be obtained (each as required by the Uniform
<br />Commercial Code) are as steted on the flrst page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further essurences and
<br />attorney-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At eny time, end from time to time, upon request of Lender, Trustor will meke, execute end
<br />deliver, or will ceuse to be made, executed or delivered, to Lender or to Lender's desfgnee, and when requested by
<br />Lender, ceuse to be flled, recorded, refiled, or rerecorded, es the case mey be, et such times and in such offices
<br />and pleces as Lender may deem eppropriete, any and all such mortgeges, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation stetements, instruments of further essurance, certificates, end
<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 (7 ► Trustor's obtigations under the Note, this Deed of Trust, and the Related
<br />Documents, end (2) the Ilens 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. Unlese prohibited by law or Lender agrees to the
<br />contrery in writfng, Trustor shall reimburse Lender for all costs and expenses incurred in connection with the
<br />matters referred to in this paragreph.
<br />Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding peregraph, Lender mey do so
<br />for end in the name of Trustor and et Trustor's expense. For such purposes, Trustor hereby irrevocebly appoints
<br />Lender as Trustor's attorney-in-fact tor the purpose of ineking, executing, delivering, filing, recording, and doing ell
<br />other things es may be necessary or desirable, in Lender's sole opinion, to eccompllsh the matters referred to in
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