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��14�4194
<br /> L�E�� �F T`RLJ�T
<br /> Laan NVo: 1�'I�7���9 �����I�u�:d� F�ag� 5
<br /> par�i�ipation.
<br /> Applica�ion vf Net Pro�eeds. If all ar any part o��he Pr�p�rty is candemned by eminent d�main praceedings or by
<br /> any proceeding or purchase in lieu�f condemnatian, L�nder may a� i�s election requir��hat a�� or any po�tian of�he
<br /> ne� proceeds of the award be applied to the Indebt�dness or the repair ar r�staration o� the Property, The net
<br /> prvicee�s ��the award shall mean the award after paymen�vf a�I reasonabl� costs, expens�s, and at�orneys' �ees
<br /> incurred by Trust�e or Lender in c�nnection with the �andemnation.
<br /> I�IIPOS�TI�N C]F TAXES, FEES AND CHARGES BY ��VERNMENTAL AUTH�RITIES. The follawing praWisions relating
<br /> �o go�ernm�n�al taxes, fees and charges are a part a�this aeed of Trust;
<br /> �urren�t Taxes. Fees and Charges. �pon reques� by Lender, Trus�or sha�1 execute such do�um�nts in addition ta
<br /> this Deed af Trust and take whatever other ac�i�n is r�quested by Lender to perfect and con�inue Lend�r's lien on
<br /> the Real Property. Trustor shall �e�mburse Lender for a�l taxes, as described belav�r, togethar with all expenses
<br /> incurred �n re�ordin�, perfe�ting or cantinuEng this Deed o�F Trus�, including without iimi�a�tion all taxes, fees,
<br /> documentary s�amps, and other charges�fvr recarding or r�gistering�his ❑eed of Trust.
<br /> Taxes. The �a�lowing sha[I cons�itu�ke �axes t4 which this section appli�s: {1� a speci�ic �ax upon this type af
<br /> De�� of Trust or upon alI or any par� af �he �nd�btedness se�ured �y this Deed of Trust; ��� a specific �ax on
<br /> Trustvr which Trustor is authvrized or required ta deduc�from payments on the lndebtedness secured hy th�s type
<br /> of Deed af Trus�; �3} a�ax�n this type �f Deed of Trus� �hargeable against fihe Lender ar�he ha€der of the No�e;
<br /> and {4} a spec-ific tax�n al[ vr any portion of�he [ndebtedness or an payments af principa! and interest made by
<br /> Trustflr.
<br /> Subsequen� Taxes. lf any tax to which this sec�ion applies is enacted subsequen� t❑ the date af this D�ed af
<br /> Trust, this e�ent shall ha�e �the same effec� as an Ev�nt of De�aul�k, and Lender may exercise any or a31 o�F its
<br /> available r�m�dies �or an Event o� Q��au[t as pro�ided below unless Trus�tor either {�} pays fihe �tax before it
<br /> becames definquent, �r �2} cantests the tax as provided a��We in the Taxes and Liens section and deposits with
<br /> Lend�r cash ar a su�fficient corporate sure�y bond�r a�h�r security satisfact�ry to Lender.
<br /> SECL�RITY AGREEIVIENT; FIIVANCIIVG STATEMEIVTSe The fallowing pro�Esivns rela�ing to this Deed of Trust as a
<br /> securi�y agreement are a part a��his D�ed of Trus�:
<br /> 5e�uri�y Agre�ment. This instrument shall consti�ute a 5ecurifiy Agreemen� �o the extent any afi the Property
<br /> �onstitutes fixtures, and Lender shall have ali of�he rights o'� a secured party under the �nifarm Commercia� Code
<br /> as amended from tim��to time.
<br /> 5ecuri�y Interest. lJpon request by Lender, Trus�or shall tal�e whatever ac�ion is request�� by Lender to perfect
<br /> and continue Lend�r's se�urity interest in the F�ents and Personal Proper�y. �n additian ta r��ording this Deed of
<br /> Trust in the real prap�rty records, Lender may, at any time and without further authoriza�ivn from Trustor, fi�e
<br /> executed count�rparts, copies or reproductions of this Deed of Trus� as a financing s�atern�nt. Trust�r shall
<br /> reimburse Lend�r f�r all exp�nses in�urred in per�ecting or continuing this se�urity interest. Upon default, Trustor
<br /> sha[I nat remo�e, seWer nr detach the Personal Prop�rty from the Property. lJp�n de�au��� Trustor shall assemb[e
<br /> any Personal Proper�y nat affixed to the Property in a manner and a� a place r�asvnably con�enien��o Trustor and
<br /> Lend�r and mal�e it available �o Len�er within thre� ��y days af�er receipt of writ�en demand .fram Lender tv the
<br /> ex�ent permitted by appli�able law.
<br /> Addresses, Th� mailing addresses o� Trus�ar �debtory and Lender �secured party} from which inf�rmatian
<br /> _ _ _ : c�ncerning the security in�erest granted by this Deed of Trus�t may be vbtained {each as re�uir-ed by �he Unif�rm
<br /> CammerGial Code} are as s�tated on�he first page o��his ❑��d of Trust. ��
<br /> FURI"HER ASSURAIVCES; ATT�RNEY-lN-FACT. The fol�avtiring pr�visians r�lating �o �urther assuranc�s and
<br /> attorney-in�fa��are a par�❑fi this Deed v�Trust:
<br /> Further Assurances. At any�ime, and �ram time to t�me, upon request �f Lender, Trustar will make, execute and
<br /> deliver, or w�l! cause to be made, �xecu�ed or delivered, t� Lender or to Lend�r's designee, and when requested by
<br /> Lend�r, cause ta be filed, recarded, refiled, ar rerecordsd, as th� case may be, at such times and in such of�ices
<br /> and places as Lender may deem appropriate. any and all such mor�gages, deeds o�trust, security d�eds, s�curity
<br /> agr�ements. financing stat�men�s, can�inuativn sta�ements, instrumen�ts a�f further assurance. cer�i�ficates, an�
<br /> other dflcuments as may, in the sole opinian vf L�nder, be necessary or desirabl� in ord�r ta �f�eG�uate, complete,
<br /> perfect, cantinue, �r preserve �1} Trustor's obliga�ions under �he Note� this Deed o� Trus�, and the Re�ated
<br /> D��umen�s, and �2y the li�ns and security interests crea��d �y this De�d o�Trus�as �irst and priar ��ens on the
<br /> Prap�rty, whefiher now o�rvned or hereafter acquir�d by Trustor. Un�ess prohibited by 1aw or L�nder agrees �a the
<br /> contrary in writing, Trustor shal� reimburse Lender �t�r all costs and expens�s incurred in ��nnection with the
<br /> matters referred t� in this paragraph.
<br /> 1�►►fi�vrney-in-Fa��. 1�Trust�r�ails �to do any af the th�ngs refierred to in the preced�ng paragraph, Lender may d� s�
<br /> �For and in the name af Trustor and at Trustar's expense. For such purposes, Trustor hereby irre�ncably appoints
<br /> Lender as Trustor's attarney-in-�act�or th� purpose af malcin�, executing, deli�ering, filing, re�ordin�, and doing al1
<br /> other things as may he necessary vr d�sirabl�, in L�nde�'s sole opinion, fo aGcvmplish the ma�ters referred �o in
<br /> �the preceding paragraph.
<br /> FULL PERFDRMANCE. I�Trus�or pays al� �h� Indeb�edn�ss, inciuding without limi�a�ian all fu�ure advances, when due,
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