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Loan No: 101257432 D E Con nued) � O �' 2 0 � o �� Page 5
<br />CONDEMNATION. The following provisions relating to condemnation proceedings are a part of this Deed of Trust:
<br />Proceedings. If any proceeding in condemnation is filed, Trustor shall promptly notify Lender in writing, end
<br />Trustor shell promptly teke such steps as may be necessary to defend the action and obtain the award. Trustor
<br />may be the nominal party (n such proceeding, but Lender shell be entitted to perticipete in the proceeding end 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 end documentation as mey be requested by Lender from time to time to permit such
<br />participation.
<br />Appltcation of Net Proceeds. If al� or any part of the Property is condemned by eminent domain proceedings or by
<br />any proceeding or purchase in lieu of condemnetion, Lender may at its election require thet ell or eny portion of the
<br />net proceeds of the awerd be applied to the Indebtedness or the repeir or restoration of the Property. The net
<br />proceeds of the award shall mean the eward 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 CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating
<br />to governmental taxes, fees and cherges are a part of this Deed of Trust:
<br />Current Taxes, Fees end Charges. Upon request by Lender, Trustor shalt execute such documents in additfon 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 Real Property. Trustor shell reimburse Lender for all taxes, as described below, together with all expenses
<br />incurred in recording, perfecting or continuing this Deed of Trust, including without limitation all taxes, fees,
<br />documentary stamps, and other charges for recording or registering this Deed of Trust.
<br />Taxes. The following shall constitute texes 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 />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 tax on this type of Deed of Trust chargeable against the Lender or the holder of the Note;
<br />end (4) a speciflc tax on all or any portion of the Indebtedness or on payments of principal and interest made by
<br />Trustor.
<br />Subsequent Ta�ces. If eny tax to which this section applies is enacted subsequent to the date of this Deed of
<br />Trust, this event shall heve the same effect as an Event of Default, and Lender mey exercise any or all of its
<br />availeble remedies for en Event of Defeult 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 and Liens section end 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 part of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute e Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall have all 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 shall take whetever action 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 any time end without further euthorization from Trustor, tile
<br />executed counterperts, copies or reproductions of this Deed of Trust es e financing statement. Trustor shell
<br />reimbu�se 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 Personel Property not affixed to the Property in e manner and at a plece reasonably convenient to Trustor and
<br />Lender and make it available to Lender within three (3) days after receipt of wrltten demand from Lender to the
<br />extent permitted by appUceble law.
<br />Addresses. The mafling 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 Uniform
<br />Commercial Code) are es steted on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurences and
<br />attorney-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At eny time, and from time to time, upon request of Lender, Trustor will meke, execute end
<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 and in such offices
<br />end pleces as Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation stetements, instruments of further essurance, certificates, and
<br />other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuete, complete,
<br />perfect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Releted
<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 egrees to the
<br />contrary in writing, Trustor shall reimburse Lender for all costs end expenses incurred in connection with the
<br />matters referred to in this paregraph.
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