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��14�4915 DEED �F TRUST Lvan No: 'I�1�77787 {Contlnu�d} Page 5 shall remain in fui��orce and effect un�il such�ime as Borrower's Indebtedness shall be paid in�u��. CONDEMNATI�N. The fiollvwing pr��isians relating t❑ candemnativn praceedings are a part❑fi this Deed o�Trus�: Proceedings. if any prviceeding in condemnation is fi�ed, Trus�or shall promptly natify Lender in writing, and Trus�ar shall prampfily take such steps as may be ne�essary t❑ defend the action and alatain �he award. Trustvr may be the nominal party in such praceeding, bufi Lender shall be en�itled to par'�icipate �n�he proceeding and t❑ be represented in �he proc��ding by caunsel ❑f i�s own choice, and Trustor will de�iWer or cause to he deli�ered t❑ Lender su�h instrum�nts and dacumentatian as may be requested hy Lender from time ta time �o permit suGh par�icipa�ian. Applicativn of Net Proceeds. If all ar any par�❑f the Prvperty is condemn�d hy eminent dvmain proceedings ar by any proceeding ❑r purchase in lieu of condemnatian, Lender may a�its election require that a�l or any partivn af fihe net proceeds vf the award he app�ied �o the lndebtedness ❑r �he r�pair or restora�ivn �f �he Proper�y. The net proceeds ❑f the award shall mean fih� award after payr-nenfi of all reasvnabl� costs, expens�s, and attorn�ys' fees incurred 1�y Trustee❑r Lender in cannection with th� candemnation. IMPDSITIDN �F TA�CES, FEES AND CHARGES BY G�VERNMENTAL AUTH�RITCES. The �follawing pro�isions relating to g��ernmen�al taxes, �ees and charges are a part❑�this ❑eed of Trus�: Current Tax�s, Fees and Charges. Upon request by Lender, Trustor shall execute su�h do�uments in addi�ion �❑ this �eed ❑f Trus� and �ake whate�er❑ther acfiion is requested by Lender�o perfec� and continue Lender's lien on the Real P�operty. Trustor shall reimburse Lender for all �axes, as descrii�ed below, fivgether wi�h al� expenses incurred in recording, per�fec�ing ❑r continuing this De�d �f Trus�, inCluding with�ut limitatian all fiaxes, fees, dacumen�ary s�amps, and ofiher charges for r�cording❑�-registering th=s Deed ❑f Trust. Taxes. The following shall canstitute taxes �o which this sec�ion applies: �`�} a specific tax upan this type ❑f Deed of Trus� ar upon afl or any part vf �he Indelafiedness seGured by �his Deed of Trust; {2� a specifii� tax ❑n Ba�-rower v+�hich Borrower is auth�rized or required �o deduct from paymen�s vn �he [ndebtedness secured by �his type ❑f Deed ❑f Trust; �3} a tax on fihis fiype ❑f Deed o�Trusfi chargeab�e agains�the Lender vr the ho�de�-❑f�he Nate; and �4� a specific tax on all or any portivn vf �he lndebt�dness o�- ❑n paymen�s �� p�Encipal and interest made by Bvrrvwer. 5ubsequent Taxes. lf any tax to which this section applies is enacfied su�sequent t� the date of this Deed of Trust, th�s e�en� shall ha�� the same effect as an E�ent ❑� ❑efiauft, and Lender may exercise any ar all o�F its a�ailalale remedies �Fvr an Even�t of De�ault as pro�ided bel�w unless Trustor either �'�� pays the tax before it becames delinquent, or {2} contests �he tax as pro�ided abo�e in �he Taxes and Liens sectivn and depvsits with Lender cash❑r a suffi�ien�corpara�e surety bond or❑ther security safiisfacfio�y to Lender. SECURITY AGREEMENT; FINANCING STATEMENTS. The following pro�isions relating to this Deed of Trust as a security agreement are a part of�his I�eed o�Trust: Security Agreement. This instrument sha21 consti�u�e a Se�uri�y Agreemen� �o the extent any ❑f the Property constitutes �ixtu�es, and Lender shall ha�e aIl ofi the righ�s ❑� a secured party under the lJn��orm Commercial Code as amended from�ime�o�ime. Se�urity Interes�. LJpon request by Lender, Trustor shall take whate�er ac�ion is requested by Lender �o perfe�t and continue Lender's securifiy in�erest in fihe Rents and Personal Prvperty. ln add�tion t❑ recording fihis �e�d ❑f Trust in the real proper�y records, Lender may, a� any �ime and without �u�ther au�harizativn from Trus�or, file executed �oun�erparts, copFes or repraduc�ions o� �h�s Deed ❑� Trust as a �inancing sta�emen�k. Trustor shal[ reimburse Lende�fvr all expenses in�urred in perfecting ar�ontinuing �his securi�y interest. Upon defaul�, Trustor shall not remo�e, se�er or deta�h ths Personal Praperty �rom �he Proper�y. Upvn defaul�, Trustor shall assemble any Personal Property not affixed to the Property in a manner and at a p[ace reasanably con�enient�o Trustor and Lender and make it a�ailable t� Lender wi�hin three �3} days after receipt o� written demand fram Lender tv the exten�permitted by applicabfe law. Addresses. The mailing addresses ❑f Trustor �deb�or} and Lend�r �secured party} from which informa�ion concerning �he security �nterest granted by this Deed ❑�F Trust may be ohtained �each as required by �he Uni�orm Commercial Cade} are as s�a�ed on the first page of this �eed ❑f Trus�. FURTHER A55URANCES: ATTnRNEY�IN�FACT. The �ollowing prv�isions rela�ing t❑ �urther assu�ances and attarney-in-fa��are a part❑f�his fleed ❑f Trust: Further Assuran�es. At any time, and frvm time to time, upvn request a� Lender, Trustor will make, execufie and de�i�er, ❑r will cause�❑ be made, execu�ed ❑r de[iWered, �❑ Lender❑r t❑ Lender`s designee, and when requested by Lender, cause �a he filed, recorded, re�i�ed, or rerecorded, as the case may I�e, at su�h tim�s and in such of�ices and places as Lender may deem apprvpriate, any and aII such mvrtgag�s, deeds of trus�, security deeds, security agreements, �financing statements, cantinua�ian s�a�fiements, ins�ruments af turther assurance, certi�icates� and o�her documents as may, in �h� sols apinian ❑f Lender, be necessary or desirahle in ❑rder�a eff�ctuate, comp�ete, per�ect, confiinue, or preser�e {�� Borrower's and Trus�or's obligativns under the Note, �his Deed ❑f Trust, and the Related ❑acuments, and {�� the liens and security interes�s created by this Deed ❑f Trusfi as �irst and prior liens on the Property, whether nvw awned or hereafter acquired by Trustor. Unless prahibi�ed �ay law vr Lender agrees t❑ the contrary in wri�ing, Trustor shall reimburse Lender�or atl costs and expenses incurred in cannec�ion