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' � ���� � 201204877 <br />„ <br />� '� � ` DEED OP TRUST <br />Loan No: 101253832 (Continued) Page 5 <br />No ModiTicatlon. Trustor shall not enter into eny agreement with the holder of eny mortgage, deed of trust, or <br />other security egreement which hes priority over this Deed of Trust by which that agreement Is modifled, <br />amended, extended, or renewed without the prior written consent of Lender. Trustor shell neither request nor <br />accept any future advances under any such security egreement without the prior written consent of Lender. <br />CONDEMNATION. The following provisions relating to condemnation proceedings are e part of this Deed of Trust: <br />Prcceedings. If any proceeding in condemnation is filed, Trustor shall promptly notify Lender in writing, and <br />Trustor shall promptly take such steps es may be necessary to defend the ection and obtain the eward. Trustor <br />mey be the nominal perty in such proceeding, but Lender shall be entitled to participate in the proceeding and to be <br />represented in the proceeding by counsel of its own choice, end Trustor will deliver or cause to be delivered to <br />Lender such instruments and documentation as may be requested by Lender from time to time to permit such <br />perticipation. <br />Application of Net Proceeds. If all or any part of the Property is condemned by eminent domein proceedings or by <br />any proceeding or purchase in lieu of condemnation, Lender mey et its election require that all or any portion of the <br />net proceeds of the eward be epplied to the Indebtedness or the repair or restoration of the Property. The net <br />proceeds of the eward shall mean the award after payment of all reasonable costs, expenses, and attorneys' fees <br />incurred by Trustee or Lender in connection with the condemnation. <br />IMPOSITION OF TAXES, FEES AND CWARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating <br />to governmental taxes, fees and charges are a part of this Deed of Trust: <br />Current Taxas, Fees end Charges. Upon request by Lender, Trustor shall execute such documenta in addition to <br />this Deed of Trust and take whatever other action is requested by Lender to perfect and continue Lender's lien on <br />the Reai Property. Trustor shall reimburse Lender for all taxes, es described below, together with ell expenses <br />incurred in recording, perfecting or continuing this Deed of Trust, including without limitation all taxes, fees, <br />documentery stamps, and other charges for recording or registering this Deed of Trust. <br />Teues. 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 eny 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 Indebtednesa secured by this type <br />of Deed of Trust; (3) a tax on this type of Deed of Trust chergeable egainst the Lender or the holder of the Note; <br />and (4) a specific tex on all or any portion of the Indebtedness or on payments of principel end interest made by <br />Trustor. <br />Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the dete of this Deed of <br />Trust, this event shall have the seme effect as an Event of Default, end Lender may exercise any or ell of its <br />available remedies for an Event of Default as provtded below unless Trustor either (1) peys the tax before it <br />becomes delinquent, or (2) contests the tax es provided above in the Texes and Liens section end deposits with <br />Lender cash or e sufficient corporate aurety bond or other security satiafactory to Lender. <br />SECURITY A(3REEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as e <br />security agreement are a part of this Deed of Trust: <br />Security Agreemerrt. This instrument shall constitute a Security Agreement to the extent any of the Property <br />constitutes fixtures, end Lender shell have ell of the rights of a secured party under the Uniform Commercial Code <br />as amended from time to time. <br />Security Interest. Upon request by Lender, Trustor shell take whatever action is requested by Lender to perfect <br />and continue Lender's security interest in the Rents end Personal Properry. In addition to recording this Deed of <br />Trust in the real property records, Lender may, at any time and without further authorization from Trustor, file <br />executed counterparts, copies or reproductions of this Deed of Trust as e financing statement. Trustor shall <br />relmburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor <br />shall not remove, sever or detach the Personal P�operty from the Property. Upon default, Trustor shall assemble <br />eny Personal Property not affixed to the Property in a manner end at a place reasonably convenient to Trustor and <br />Lender and make it available to Lender within three (3) days after receipt of written demand from Lender to the <br />extent permitted by applicable law. <br />Addresses. The mailing addresses of Trustor (debtor) end Lender (secured party) from which information <br />concerning the security interest granted by this Deed of Trust may be obteined (each as required by the Uniform <br />Commercial Code) are es stated on the flrst page of this Deed of Trust. <br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurancea end <br />attorney-in-fect ere a pert of this Deed of Trust: <br />Further Assurances. At any time, end from time to time, upon request of Lender, Trustor will make, execute end <br />deUver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by <br />Lender, ceuse to be filed, recorded, refiled, or rerecorded, as the case may be, et such times and in such offices <br />and places as Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security <br />agreements, financing statements, continuation statements, instruments of further assurance, certiftcatea, and <br />other documents as may, in the sole opinion of Lender, be necessary or desireble in order to effectuate, complete, <br />perfect, continue, or preserve (7 ► Trustor's obligations under the Note, this Deed of Trust, end the Releted <br />