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<br /> DEED �F TRUST
<br /> Loan No: ��3893�D t�or1t117u�d} Page 4
<br /> n�t proceeds vf the award be applied #a th� Indebtedness �r the repair or restora#ian of the Praperty. The net
<br /> prviceeds af the award shall mean the award af��r payment of all reasonable costs, expenses, and attorneys'fses
<br /> incurred by Trustee or Lender in connection with#he condemna#ion.
<br /> IIVIPa51TI�N �F TAXES, FEES AN� CHARGES BY GQVERNMENTAL AUTH�RITIES. The fallawing pr���sions re�a�ing
<br /> to go�ernmental�axes,fees and charges are a part of this❑eed of Trust:
<br /> Current Taxes, Fe�s and Charges. Upon request by Lender, Trustor shall execute su�h documents in additinn to
<br /> this Deed of Trust and�ake whate�er other action�s requested hy Lender to perfect and continue Lender's I�en on
<br /> the Real Property. Trustor shall reimburse Lender for a!! taxes, as described below, #ogether with al! expenses
<br /> �ncurred in recvrding, perfec#ing �r cantinuing this ❑eed of Trust, includ�n� without limi#ation all taxes, fees,
<br /> documen�ary stamps,and other charges far recvrding a�registering this Deed of Trust.
<br /> Taxes. The following shall consti�ut�taxes to which this section applies: �1} a specific tax upon this type of
<br /> �eed af Trus#or upon all or any part of the Indeb�edness secured by#his Deed vf Trust; (2} a spec�fc tax on
<br /> Barrawer which Borrvwer is authorized or required to deduct from paymen�s on the lnde�tedness secured by this
<br /> type of Deed of Trus#; �3} a#ax on this type of❑eed of Trust�hargeable against the Lender or the holder of the
<br /> Note; and �4} a specific tax on a!I or any portion of the Indebtedness or on payments of principal and interest
<br /> made by Sorrvwer.
<br /> Subsequent Taxes. If any tax to which this sectivn applies is ena�ted subsequent ta #he da�e of th�s ❑eed of
<br /> Trust, this e�en� shall ha�e �he same efFe�t as an Eyent a� Default, and Lender may exercise any ar all vf its
<br /> available remedi�s for an Evenf vf De€au�# as pro�ided belaw unl�ss Trustor e�ther �1} pays the tax before it
<br /> becames delinquent, �r ��} contests ths tax as pro�Eded above in the Taxes and Liens section and deposits with
<br /> Lender cash or a suffi�i�nt cvrporate surety bond or other security satisfactory tv Lender.
<br /> SECURITY AGREEMENT; FINANCING STATEMENTS. Th� following pra�isions rela�ing to �his ❑eed of Trust as a
<br /> security agreement a�e a part o##his Deed af Trust:
<br /> 5ecuri�ty Agreemenf. Th�s instrument shall const��u�e a 5ecurity Agreement tv the extent any of the Property
<br /> canstitutes fx�ures, and Lender shall ha�e all of the rights of a secured party under the Unifarm Cvmmerciai Code
<br /> as amended from�ime to#ime.
<br /> Security Interest. Upon �equest by Lender, Trus#or sha11 take whate�er action is requested by Lender ta perfect
<br /> and c�n#inue Lender's security in#erest in the Personal Praperty. In addi#ion�o recarding this Deed af Trust in�he
<br /> real property rec�rds, Lender may, at any #ime and without further authorization trvm Trustvr, file execut�d
<br /> �oun#erparts, c�pies or reproducttons of this Deed v� Trust as a frnan�ing statement. Trustor shall reimburse
<br /> Lender for all expenses incurred in pertect�ng or continuing this security interest. Upon de�ault, Trustor shall not
<br /> remo�e, se�er or de#ach th� Persanal Prvperty from the Prvperty. upon de�ault, Trustor shall assemble any
<br /> Persvnal Property not affixed to the Praperty in a manne�-and at a p�ace reasonably con�enient tv Trustar and
<br /> Lender and make i#a�ailable ta Lender within three {3} days after receipt af written demand from Lender ta the
<br /> extent permi�ted by applicable law.
<br /> Addresses. The mai�ing addresses vf Trust�r �debtflr} and Lender tsecured party� �rom which �nformation
<br /> cvneerning th� securi�y interesf granted by this Deed vf Trust may be obtained �each as required by the Unifvrm
<br /> Commercial Cvde}are as s�ated on the first page of this Deed of Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN-FACT, The following pro�isions refating to fur�her assurances and
<br /> attorney�in-fact are a part of this Deed o�Trust:
<br /> Further Assurances. At any time, and from�ime ta time, upon �eques�of Lender,Trust�r will make,execute and
<br /> deli�er,ar w��l cause to be made,execu�ed or deli�ered,ta Lender or to Lender's designee,and when requested hy
<br /> Lender, cause#o be filed, recorded, refrled, or rerecarded, as the case may be, at suGh times and in such offices
<br /> and plac�s as Lender may deem appropriate, any and a!!su�h mortgages, deeds of trust, security deeds, security
<br /> agreements, financ�ng sta#ements, continuation statements, instrumen#s of further assurance, certifcates, and
<br /> other dvcuments as may, fn#he sole opinion of Lender, be necessary or desirab�e in arder to efFectuate,comp�ete,
<br /> per�ect, continue, or preserve {1} Borrvwer's and Trustor's abligatRons under the Nate, this Deed of Trust, and
<br /> #he Related Documents, and t2} the liens and secu�-ity interests �reated by this Deed of T�-ust❑n the Property,
<br /> whether now vwned❑r hereafter acquired by Trustor. lJnless prohibited by law or Lender agrees to the contrary in
<br /> writing,Trustor shall reimburse Lender for all costs and expenses incurred in conne��ian with the matters referred
<br /> ta in#his paragraph.
<br /> Attorney-in-Fact. If Trus�or fails to do any of the things referred to in the preceding paragraph, Lender may do so
<br /> �or and in�he nam� of Trustor and a#Trustor's expenss. Far such purposes,Trustor hereby irt-e�ocably appoints
<br /> Lender as Trustor's attorney-in�act for the purpose�f making,execu#ing,deli�er�ng,filing, recording,and doing a�l
<br /> o#he�things as may be necessary or des�rable, in Lender's so�e vpinian, to accamplish the matters referred to in
<br /> �he preceding paragraph.
<br /> FULL PERFQRMANCE. If Borrower and Trustor pay a!I fhe lndebtedness, in�luding with�ut limita#ion all future
<br /> ad�ances,when due,and Trus#or otherwise performs all the obii�a#ions imposed upon Trustor under this Deed of Trust,
<br /> Lender shalf execute and de�i�er to Trustee a request for ful� re�on�eyance and shall execute and deli►►er�o Trustor
<br /> suitable statements of termination of any financ�ng statement vn frle e�idencing Lender's se�ur�ty interes#in the Rents
<br /> and the Pe�-sana� Prvperly. Any �econ�eyance fee requi�ed by law shall be paid by Trus#or, if permitted by app�icable
<br /> law.
<br /> EVENTS �F DEFAULT. At Lender's vptian, Trus#or will be in de�ault under this Deed vf Trus� if any af the follvw�ng
<br /> happen:
<br /> Paymen�Defaul�. Bvrrower#ails tv make any payment when due under the Indeb#edness.
<br /> Break�#her Pramises. Borrower or Trustor breaks any promise made to Lende�-or fails to perfo�-m promp�ly a�'�he
<br /> time and strictly in fhe manner pro�ided in this Deed of Trust or in any agreement�elated#o this Deed of Trust.
<br /> Comp�iance D��aul#. Faf�ure to comply with any other'#erm, obligatian, co�enant ar condition contained �n �his
<br /> Deed of Trust,the Nvte or in any of the Related Documen�s.
<br /> Defaul�on 4ther Payments. Failure vf Trustor wi�hin the time required by this Deed of Tnast#n make any paym�nt
<br /> fvr taxes or insurance,ar any other payment nec�ssary fo pr��en�filing of nr to ef€ec�discharge vf any lien.
<br /> Fa�se Sta�ements. Any represenfa�ion a� s#atement made or fu�nished to Lender by Barrvwer ar Trustor or on
<br /> Borrower`s or Trustvr"s behalf under this Deed of Trust ar the Related Documents is false ar mislead�ng in any
<br /> materiai respect,e�her now v�at the t�me made or furnished.
<br /> Defecti�e Collateralizativn. This Deed of Trusf vr any of#he Related Docum�n#s ceases tv be in fu�� force and
<br /> effec��including failure vf any cvllateral document�o c�-ea#e a�alid and per�ected security interes�or lien} at any
<br /> time and for any reason.
<br /> Death or lnsolr►ency. The death of Bvrrawer or Trustor,the insol�ency of Borrower or Trustor,#he appointment vf
<br /> a recei�er for any part vf Barrower's ar Trustvr's property,any assignmen#fvr the benefif af creditars, any#ype vf
<br /> credi#or warkaut, ar the cvmmencemen#of any proceeding under any bankruptcy or insol�ency laws by or against
<br /> Barrower or Trus�ar.
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