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� � ��14��S9S I�EED �F TRUST Lvan No: 'I�1273'149 tCantinued} Page � au�hori�y to execute and deli�er this Deed of Trust to Lender. ❑efense vf Title. 5ubject to the exception in the paragraph abo�e, Trustor warrants and wifl fore�er defend the title ta fihe Properky agains��he law�ul �laims o� all persons. ln �he e�ent any ac�ion ❑r proceeding is commenc�d that ques�ions Trustor's fii�le❑r�he infierest of Trus�ee ❑r Lender under this Deed o�f Trus�t, Trustvr sha�t defend�he ac�ion at Trustar's expense. Trus�vr may be the nominaf party in such proceeding, bu� Lender shall be entitled �v parti�ipate in the proceeding and fio be represented in fihe prviceeding by counse� a�F Lender's ❑wn choice, and Trustvr will deliWer, or cause�a he deii�ered, �o Lender such ins�rumen�s as Lender may reques�from�ime tv�ime to permit such par�icipation. Compliance With Laws. Trusto�- warran�s �hat �he Property and Trus�ar's use of the Property cvmplies wi�h all exis�ing applicable �aws, ❑rdinances, and regulatians o�go�ernmental authori�ies. 5ur�ival of Representativns and 1J�arran�ies. All rspresentations, warranties, and agreemen�s made by Trustor in fihis Deed �f Trust shai� sur��e the execu�ion and deI��ery of this Deed afi Trust, shall be continuing in nature, and sha[t r�main in full fvrce and effec�unfiil such fiime as Borrower's lndebtedness shall be paid in full. EXISTING 1NDEBTEDNESS. The fvllowing pro�isions concerning Ex�s�ting �ndehfiedness are a part ofi�his Deed❑�f Trus�: Exist�ng Lien. The ��en ❑f this Deed o� Trust se�uring the )ndel�tedness may be se�vndary and in�erior tv an , existing lien. Trustvr expressly �v�enan�s and agrees ta pay, o�-see to �he paymen� ❑�, the Exist�ng Indebtedness and tv pre�en�any de�ault on such indebt�dness, any de�fau�t under the insfirumen�s e�idencing such indeb�edness, or any default under any security dacumen�ts for such �ndeb�edness. Nv 11JIodi�ication. Trus�or shall nvfi enter in�o any agreement with the ho[der ofi any mor-tgag�, deed a� trus�, or ❑ther security agreement which has p�iority v�er this aeed ❑� Trust by which that agreement is modi�ied, amended, exfiended, or renewed withaut the prior written consent ❑f Lender. Trustor shall neither reques� nor accept any�future ad�ances under any such securi�y agreement wi�hvufi the prior writ�en cvnsent o�Lende�-. CflNDElIJ1NATIDN. The follawing prv�isivns relating�o candemnation proceedings are a part of�his Deed❑f Trus�k: Proceedings. I� any praceeding in condemna�ion is filed, Tr.usto�- shall prompfily nvtify Lender in writing, and Trustar shall promptly tak� su�h steps as may be necessary �o defend �he ac�ivn and ❑btain the award. Trustar may be�he nomina� party in such proceeding, bufi Lender shall be entitled�❑ par�icipate in the proceeding and ta be represen�ed in the proceeding by counsel af its own choice, and Trustor will. deli�er or cause �o he deli�ered �v Lender such instrumen�s and dacumentation as may he requested by Lender from time to time to permi� such parfiicipafiivn. Appli�ation o�Ne�Praceeds. lf a[l ❑r any par�o�F�he Prvper�y is condemned i�y eminen�domain proceed�ngs vr by , any pro�eeding ar pur�hase in lEeu o�candemnafiion, Lender may afi its e[ection require fihat all or any portion❑�the net praceeds vfi �he award be applied to the lndebtedness or the repair ar res�vra�ion of the Property. The ne� praceeds a��he award shall mean the award after payrnent o� all r�asvnahle cos�s, expenses, and a��orneys` �ees incurred by Trusfiee or Lender in cannec�ian with the condemna�ivn. IMP�51T1�N OF TAXES, FEES AND CHARGES BY G�VERNMENTAL AUTH�RiT1E5. The following pro�isivns refa�ing �a go�ernmental�axes,f�es and charges are a part of fihis �eed of Trust: Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall execute such documenfis in addition �a fihis Deed ❑f Trusfi and take wha�e�er ❑ther action is requested by Lender�o perfect and cantinue Lender`s fien �n �he Real Proper�y. Trusfio�- shall r�imburse Lender fo� all taxes, as described }�elov►r, �ogether with a[[ expenses incurred in rec��ding, perfec�ing vr contFnuing this Deed of Trust, including wi�hvu� limitatian alI �axes, fees, documen�ary stamps, and vfiher�harges�nr record�n� ❑r registering this Deed vf Trus�. Taxes. The ��llowing shall constitut� taxes �❑ which this section app[ies: ��} a specific tax upon �his type ❑-� De�d of Trus� vr upon all or any part vf the lndeb�edness secured by this Deed o�Trust; t2} a specific �ax on Borrvwer which Borrower is authorized or required to deduct fram payments vn fihe Indelatedness se�ured by this type of Deed vfi Trus�; �3� a tax vn fihis type of Deed ❑f Trusfi chargeable against the Lender or the hvlder of the Nate; and �4} a specifi� tax on all or any portion of the fndebtedness vr on payments af principal and interest made by Bvrrvwer. 5ubsequent Taxes. I� any �ax to which this section appEies is enacted subsequent to �he dafie �fi this Deed of Trust, �his e�ent shall ha�e the same effec� as an E�ent vf De�aul�, and L�nder may exercise any �r a!E ❑f its a�ailable remedies for an E�ent of ❑efault as p�-o�ided b�law unless Trustor ei�her {�� pays �he tax befvre it becomes delinquen�, or �2} contes�s the tax as p�-o�ided abvve in �he Taxes and L�ens section and dep�si�s with Lender cash❑�r a sufificien�cvrporate surety bond ❑r other securi�y satisfac�tory t� Lender. SECURiTY AGREEMENT; FINANCIN� STATEMENTS. The fallowFng prv�isions refafiing tv this Deed a� Trust as a securi�y agreemen�are a par�o�r this Deed❑�Trust: � Securi#y Agreement. This instrument shall constitute a Securi�y Agreement �o the exfient any af fihe Proper�y constifiutes fix�ures, and Lender shall ha�e all v��he rights ❑fi a secured party under�he Un�form C�mme�cial Code as amended�rom�ime to time. � 5ecurity Interes#. Upon request 1�y Lender, Trustor shall take whate�er actEon is reques�ed hy Lender t❑ perfec# and con�inue Lender's security interest in �he Ren�s and Persanal Proper�y. ln addition ta recvrding this De�d ofr � i I � I