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Loan No: 101285874 <br />DUD OF TRUST <br />(Continued) <br />201304653 <br />Page $ <br />Application 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 that all or any portion of the <br />net proceeds of the award be applied to the Indebtedness or the repair or restoration of the Property. The net <br />proceeds of the award shall mean the award after payment of all reasonable costs, expenses, end attorneys' fees <br />incurred by Trustee or Lender in connection with the condemnation. <br />IMPOSITION OF TAXES, FEES AND CHARGES PY GOVERNMENTAL AUTHORITIES. The following provisions relating <br />to governmental taxes, fees and charges ere a part of this Deed of Trust: <br />Current Taxes, Fees and Charges. Upon request by Lender, Truster shall execute such documents In addition to <br />this Deed of Trust and take whatever other action Is requested by Lender to perfect and oontinue Lendar'e lien on <br />the Real Property. Truster shall 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 taxes to which this section applies: (1) a 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 />Truster which Truster is authorized or required to deduct from payments on the Indebtedness secured by this type <br />of Deed of Trust; (3) a 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 any portion of the Indebtedness or on payments of principal and interest made by <br />Truster. <br />Subsequent Taxes. If any tax to which this section applies Is enacted subsequent to the date of this Deed of <br />Trust, this event shell have the same effect as an Event of Default, and Lender may exercise any or all of its <br />available remedies for an Event of Default as provided below unless Truster either (1) pays the tax before It <br />becomes delinquent, or (2) contests the tax as provided above in the Taxes and 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 part of this Deed of Trust: <br />Security Agreement. This instrument shall constitute a 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, Truster shall take whatever 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 and without further authorization from Truster, file <br />executed counterparts, copies or reproductions of this Deed of Trust as a financing statement. Truster shall <br />reimburse Lender for all expensee incurred In perfecting or continuing this security interest. Upon default, Truster <br />shell not remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall ensemble <br />any Personal Property not affixed to the Property In a manner and at a place reasonably convenient to Truator and <br />Lender and make It available to Lander 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 Truster (debtor) and Lender (secured party) 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 stated on the first page of this Deed of Trust. <br />FURTHER ASSURANCES; ATTORNEY -IN -FACT. The following provisions relating to further assurances and <br />attorney -in -fact ere a part of this Deed of Trust: <br />Further Assurances. At any 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, reflled, or rerecorded, as the case may be, at such times and In such offices <br />and places as Lender may deem appropriate, any and all such mortgagee, deeds of trust, security deeds, security <br />agreements, financing statements, continuation 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 Truster. Unless prohibited by law or Lender agrees to the <br />contrary in writing, Truster shall reimburse Lender for all costs and expenses incurred in connection with the <br />matters referred to In thla paragraph. <br />Attorney -in -Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may do so <br />for and in the name of Truator and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints <br />Lender as Trustor's attorney -in -fact for the purpose of making, executing, delivering, filing, recording, end doing all <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 Truster pays all the Indebtedness, Including without limitation all future advances, when due, <br />and otherwise performs all the obligations imposed upon Truator under this Deed of Trust, Lender shell execute and <br />deliver to Trustee a request for full reconveyence and shall execute end deliver to Truster suitable statements of <br />