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y - � � <br />Loan No: 101253472 <br />DEED OF TRUST <br />(Continued) <br />or any default under any security documents for such indebtedness. <br />2012U591� <br />Page 5 <br />No Modiflcation. Trustor shall not enter into any agreement with the holder of eny mortgage, deed of trust, or <br />other security agreement which has priority over this Deed of Trust by which that egreement is modified, <br />amended, extended, or renewed without the prior written consent of Lender. Trustor shalt neither requeat nor <br />accept eny future advances under any such security agreement without the prior written consent of Lender. <br />CONDEMNATION. The following provisions releting to condemnation proceedings are a pert of this Deed of Truat: <br />Proceedings. If any proceeding in condemnation is filed, Trustor shall promptly notify Lender in writing, end <br />Trustor shall promptly teke such steps as may be necessary to defend the action and obtain the award. Trustor <br />may 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, and Trustor will deliver or ceuse to be delivered to <br />Lender such instruments and documentetion as may be requested by Lender from time to time to permit such <br />participation. <br />Appl(cation of Net Proceeds. If all or any part of the Property is condemned by eminent domain proceedings or by <br />any proceeding or purchase in lieu of condemnation, Lender may at its election require thet all or eny portion of the <br />net proceeds of the award be applied to the Indebtedness or the repefr or restoration of the Property. The net <br />p�oceeds of the awerd ahall mean the eward after payment of all reasonable costs, expenses, end attorneys' fees <br />i�curred by Trustee or Lender in connection with the condemnation. <br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions releting <br />to governmental texes, fees and charges are e part of this Deed of Trust: <br />Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall execute such documenta in eddition to <br />this Deed of Trust end take whatever other action is requested by Lender to perfect and continue Lender's lien on <br />the Real Property. Trustor shall reimburse Lender for all taxes, as described below, together with all expenses <br />incurred in recording, perfecting or continuing this Deed of Trust, includfng without Iimitation ell taxes, fees, <br />documentery stamps, and other charges for recording or registering this Deed of Trust. <br />Taxes. The following shall constitute taxes to which this section applies: (1) e specific tax upon this type of <br />Deed of Trust or upon all or any part of the Indebtedness secured by this Deed of Trust; (2) a specific tax on <br />Borrower which Borrower is authorized or required to deduct from payments on the Indebtedness secured by this <br />type of Deed of Trust; (3) a tax on this type of Deed of Trust chargeable against the Lender or the holder of the <br />Note; and (4) a specific tex on ell or any portion of the Indebtedness or on payments of princfpal and interest <br />made by Borrower. <br />Subsequent Taxes. If eny tax to which this section applies is enected subsequent to the date of this Deed of <br />Trust, this event shall heve the same effect as an Event of Default, and Lender may exercise any or ell of its <br />evailable remedies for an Event of Default as provided below unless Trustor either (1) pays the tex before it <br />becomes delinquent, or 12) contests the tax as provided above in the Taxes and Uens section and deposita with <br />Lender cash or a sufficient corporate surety bond or other security satisfectory to Lender. <br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust es e <br />security agreement are a part of this Deed of Trust: <br />Security Agreemerrt. This instrument shall constitute e Security Agreement to the extent any of the Property <br />constitutes fixtures, and Lender shall have all of the r(ghts of a secured party under the Uniform Commerciel Code <br />as amended from time to time. <br />Security Irrterest. Upon request by Lender, Trustor shall take whatever action is requested by Lender to perfect <br />and continue Lender's security interest in the Rents and Personel Property. In addition to recording this Deed of <br />Trust in the real property records, Lender may, at any time and without further authorizetion from Trustor, file <br />executed counterparts, copies or reproductions of this Deed of Trust es a finencing statement. Trustor shall <br />reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor <br />shell not remove, sever or detach the Personel Property from the Property. Upon default, Trustor shall assemble <br />any Personal Property not affixed to the Properry in e menner and et a place reasonably convenient to Trustor and <br />Lender end make it evailable to Lender within three (3) days after receipt of written demend from Lender to the <br />extent permitted by eppliceble law. <br />Addresses. The meiling 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 Code1 ere as atated on the first pege of this Deed of Trust. <br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurences and <br />attorney-in-fact ere e part of this Deed of Trust: <br />Further Assurances. At eny time, and from time to time, upon request of Lender, Truator will make, execute and <br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by <br />Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times end in such offices <br />and places as Lender may deem appropriate, any and ell such mortgages, deeds of trust, security deeds, security <br />agreements, finencing statements, continuation statements, instruments of further assurance, certificates, end <br />other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, <br />