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��14�4459 DEED DF TRLJ�T Loan No: ��7�D3D ��ntinued� Page a par�icipa�e in the proceeding and to be represented in the proceeding hy cvunsel of Lender's own choice, and Trustvr will deli�er, or cause ta be deli�ered, t❑ Lender such ins�rumen�s as Lender may request fram t�me �❑fiime �v permit such parti�ipa�ion. Compliance Vlli�h Laws. Trus�or warran�s tha� the Praper�y and Trustor's use of the Property campiies with all exisfiing applicable laws, ordinances, and regulations❑�go�ernmental authori�ies. 5ur►rival o� Representations and 1Narranties. All representations, warranties, and agreemen�s made by Trusto�- in this Deed of Trus�shall surWi�e�the execution and deli�ery of this �eed ❑f Trust, shall be continuing En nature, and sha�3 remain in full force and effec�unt;l such time as Bar�ower's Indebtedness shall be paid in full. Ex15T1NG IN�E6TEDNE55. The followtng pro�isions concern€ng Existing lndehtedness are a par�of�his ❑eed of Trus�: Exis�ting Lien. The [Een ❑� �his Deed of Trust securing the lndebtedness may be secondary and inferivr to an existing ��en. Trus�or expressly co�enan�s and agrees �o pay, or see to the payment of, the Ex�sting Indebtedness and to pre�ent any de�ault❑n such indeb�edness, any defaul�under the instruments e�iden�ing such indeb�edness, or any defaul�under any securi�y documents far such indebtedness. No fVlodificafion. Trustar shal[ not enfier into any agreement wifih fihe holder ❑f any martgage, deed ❑f trusfi, vr v�her securi�y agreement which has priority o�er this Deed of Trust 1ay which that agre�ment is modit�ed, amended, extended, ❑r renewed wifihou� �he prior written consenfi af Lender. Trustor shall neither request nor accep�any�u�ure ad�ances under any such security agreement wi�hout the prior written cansen�af Lender. ��NDEMNAT��N. The f�ll�wing pra�isions rela�ing t❑ candemnation pro�eedings are a part o�this �eed of Trust: Proceedings. If any proceeding in condemnativn is filed, Trus�tor shall prvmptly nvtify Lender in wri�ing, and Trus�or shall promptly take such steps as may be necessary to defend �he ac�ion and ❑bta�n the award. Trustor may 1�e the nominai party in such proceeding, but Lender shall be en�i�led�❑ participate in the proceeding and t❑ be represen�ed in the pro�eeding by counsel o�F i�s own choice, and Trustor will deliWer or cause �❑ be deli�ered �❑ Lender such instruments and dvcumenfiativn as may be requesfied hy Lender from time ta time tv permit such participa�ion. App�ication of Net Prv�eeds. l�all ❑r any part of the Pr�per�y is cvndemn�d by eminent domain proceedings vr by any proceeding or purchase in fisu of condemna�ion, Lende�may a�k its electian �-equire that a11 or any portion ❑f the net proceeds of the award be applied ta the �ndebtedness or th� repair ❑r restoration of �he Praper�y. The n�t prviceeds vf�he award shall mean �the award af�er payrnent o� all reasonable cvsts, expenses, and attorneys' fees incurred by Trustee or Lender in connecfiion with the condemna�ian. �MPD5IT�DN QF TAXES, FEES AND CHAR�ES BY GDVERNMENTAL AUTHORITIES. The fvllowing pr��isi�ns r�iating to go�ernmental taxes, fees and charges are a part of this Deed of Trust: Current Taxes, Fees and Charges. Upon reques� by Lender, Trustor shal[ ex�cu�e such dacuments in additian t❑ this Deed of Trust and take wha�e�er ❑the�r ac�ian is reques�ed by Lender to per#ect and continue Lender's Eien an fihe Rea[ Proper�y. Trustor sha�l reimburs� Lender fvr all taxes, as described belvw, together with all expenses incurred in recarding, perfecting �r �on�inuing this I�eed of Trusfi, sncluding without l�mitativn alf taxes, fees, documentary stamps, and ❑ther charg�s for r��ording vr registering this Deed vf Trust. Taxes, The follawing shall constitute taxes �o which this section applies: �'�� a specific tax upon fihis fiype af Deed afi Trust or upon a!� ar any part of the lnde�tedness secured 1�y �his Deed of Trust; �2� a specific tax ❑n Borrower whi�h Borrvwer is autharized or requirsd to deduct tram payments an �he Indebtedness secured by this type of Deed o�Trusfi; {3� a tax ❑n th�s type o� Deed ❑f Trust chargeable agains�the Lender or the hvlder of the N�te; and �4} a speci��c �ax on a1! ❑r any portion ❑f fihe Indeh�edness ❑r on payments of principai and interesfi made by Sorrower. Suhsequent Taxes. lf any tax to vvhich this se�fiion applies is enacted su�sequen� �a the date o� �his ❑eed ❑t Trus�, this eW�nt shall ha�� the same effect as an E��n� o� ❑efault, and Lender may exercise any or al� ❑f its a�ailable r�medies for an E�ent o�F Defaul� as pro�ided below unless Trustar eEth�r ��} pays the tax before �t be�omes delinquent, or {2} contests the �ax as proWided abvve in the Taxes and Liens secfiian and deposi�s w�th Lender cash❑r a suffi�ient carporate surety bond or other security satis�actory to Lender. SECURITY AGREEMENT; FfNANCING STATEMENTS. The follvwing prv�isions relating �v fihis Deed o� Trus� as a security agreemen�are a par�❑f fihis Deed of Trust: Security Agreement. This instrument shall cvnstitute a Security Agreement t❑ the extent any of the Property cons�i�u�es fix�ures, and Lender shall ha�e all ❑f the rights of a se�ured par�y under the Uniform Commercial Code as amended firom�ime��tim�. Security lnfieres�, L]pon reques� by Lender, Trus�or shail take wha�e�er action is requested by Lender �❑ per�ect and can�inue Lender's securi�y interest in the Rents and Persvnal Praperty. In addition to recording �this Deed o� Trust in �he rea� proper�y records, Lender may, at any t�me and wifihout further au�horiza�ian from Trusfior, file executed counterparfis, copies vr reprvduc�ions of �his Deed of Trust as a financing sta�ement. Trustor shall reimburse Lender�or a�� expenses in�urred �n perfecting a�- cvn�inuing �his security infieres�. LJpon default, Trusfior shall nat remo�e, se�er ❑r de�ach the Personal Proper�y from �he Proper�y. Upon default, Trus�ar shall assemble any Persanal Praperty nat af�fixed to �he Property in a manner and at a p�ace reasonably �on�enien�to Trustar and