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201400869
<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,and Trustor shall
<br /> promptly take such steps as may be necessary to defend the action and obtain the award. Trustor may be the nominal
<br /> party in such proceeding, but Lender shall be entitled to participate in the proceeding and to be represented in the
<br /> proceeding by counsel of its own choice,and Trustor will deliver or cause to be delivered to Lender such instruments and
<br /> documentation as may be requested by Lender from time to time to permit such participation.
<br /> Application of Net Proceeds. If all or any part of the Property is condemned by eminent domain proceedings or by any
<br /> proceeding or purchase in lieu of condemnation, Lender may at its election require that all or any portion of the net
<br /> proceeds of the award be applied to the Indebtedness or the repair or restoration of the Property. The net proceeds of
<br /> the award shall mean the award after payment of all reasonable costs,expenses,and attorneys'fees incurred by Trustee
<br /> or Lender in connection with the condemnation.
<br /> IMPOSITION OF TAXES,FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating to
<br /> governmental taxes,fees and charges are a part of this Deed of Trust:
<br /> Current Taxes, Fees and Charges. Upon request by Lender,Trustor shall execute such documents in addition to this
<br /> Deed of Trust and take whatever other action is requested by Lender to perfect and continue Lender's lien on the Real
<br /> Properry. Trustor shall reimburse Lender for all taxes, as described below, together with all expenses incurred in
<br /> recording, perfecting or continuing this Deed of Trust, including without limitation all taxes, fees, documentary stamps,
<br /> 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 Deed of
<br /> Trust or upon all or any part of the Indebtedness secured by this Deed of Trust; (2) a spec�c tax on Trustor which
<br /> Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type of Deed of Trust; (3)
<br /> a tax on this type of Deed of Trust chargeable against the Lender or the holder of the Note;and (4) a specific tax on all
<br /> or any portion of the Indebtedness or on payments of principal and interest made by Trustor.
<br /> Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the date of this Deed of Trust,this
<br /> event shall have the same effect as an Event of Default,and Lender may exercise any or all of its available remedies for
<br /> an Event of Default as provided below unless Trustor either (1) pays the tax before it becomes delinquent, or (2)
<br /> contests the tax as provided above in the Taxes and Liens section and deposits with Lender cash or a sufficient corporate
<br /> surety bond or other security satisfactory to Lender.
<br /> SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a security
<br /> 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 constitutes
<br /> fixtures,and Lender shall have all of the rights of a secured party under the Uniform Commercial Code as amended from
<br /> time to time.
<br /> Security Interest. Upon request by Lender, Trustor shall take whatever action is requested by Lender to perfect and
<br /> continue Lender's security interest in the Rents and Personal Property. In addition to recording this Deed of Trust in the
<br /> real property records, Lender may, at any time and without further authorization from Trustor,file executed counterparts,
<br /> copies or reproductions of this Deed of Trust as a financing statement. Trustor shall reimburse Lender for all expenses
<br /> incurred in perfecting or continuing this security interest. Upon default, Trustor shall not remove, sever or detach the
<br /> Personal Property from the Property. Upon default, Trustor shall assemble any Personal Property not affixed to the
<br /> Property in a manner and at a place reasonably convenient to Trustor and Lender and make it available to Lender within
<br /> three(3)days after receipt of written demand from Lender to the extent permitted by applicable law.
<br /> Addresses. The mailing addresses of Trustor(debtor) and Lender(secured party)from which information concerning
<br /> the security interest granted by this Deed of Trust may be obtained(each as required by the Uniform Commercial Code)
<br /> 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 attorney-in-
<br /> fact are a part of this Deed of Trust:
<br /> Further Assurances. At any time,and from time to time, upon request of Lender,Trustor will make,execute and deliver,
<br /> or will cause to be made, executed or delivered, to Lender or to LendePs designee, and when requested by Lender,
<br /> cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices and places as
<br /> Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security agreements,
<br /> financing statements, continuation statements, instruments of further assurance, certificates, and other documents as
<br /> may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect, continue, or
<br /> preserve (1) Trustor's obligations under the Note,this Deed of Trust,and the Related Documents,and (2)the liens and
<br /> security interests created by this Deed of Trust as first and prior liens on the Property,whether now owned or hereafter
<br /> acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing,Trustor shall reimburse Lender
<br /> for all costs and expenses incurred in connection with the matters referred to in this paragraph.
<br /> Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may do so for
<br /> and in the name of Trustor and at Trustor's expense. For such purposes,Trustor hereby irrevocably appoints Lender as
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<br /> Deed of Trust
<br /> 2013-258
<br /> WA 47332793
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