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��14�5�37
<br /> �3EE� �F T1RU�T`
<br /> Loan No: 1�1�78495 ��U�1ti�lued� Page 5
<br /> vr any default under any securi�y documents�for such indebtedness.
<br /> No lVlvdificatinn. Trus�tor shall nvt enter in�a any agreement wi�h the holder of any mortgage, de�d af trust, or
<br /> other security agreement which has pr�ority o�er this Deed of Trust by which that agreement is madified,
<br /> amendsd, ext�nded, ar renewe� v►►ithout �he prior written canssnt of Lender. Trus�or sha�l neither request nor
<br /> ac�ept any future ad�ances under any such security agreem�nt without the prior written consen�of Lend�r.
<br /> CaNDEI'UINATIaN. The faEl�wing pro�isivns relat�ng to condemnati�n prQ�eedings ar� a par�t❑f�his Deed v�Trust:
<br /> PrvCeedings, lf any proceedtng in condemnati�n is fi4ed, Trustor shall p�ompt{y nvtify Lend�r in writing, and
<br /> Trus�vr shall p�amptly�ake such steps as may be necessary to defend the action and obtain the award. Trustor
<br /> may b�the nvminal par�y in such proceeding� but Lender sha�l be entitled�o participate in the proGee�ing an�to be
<br /> represented in the pr�ceeding by cvunsel of i�s own chv�ce, and Trustar will deliv�r or cause to b� deli�ered ta
<br /> Lend�r such instruments and documenta�ion as may be reques�ed by Lender �rom time �v fiime ta permit such
<br /> par�icipatian.
<br /> Appti�ation af IVet P�vGe�ds. lf all v�any part afi�h� Property is condemned 1ay eminent domain proceedings or by
<br /> any pr�ceeding or purchase in lieu of condamnation, Lend�r may a�t i�ts e�ecti�n requir��that all �r any por�ion ofi th�
<br /> net proce�ds of th� award b� applied ta the Indeb�edn�ss vr �h� repair or res�ora�ion af the Praperty. The net
<br /> prviceeds of the award shall mean �he award a�ter payment of al� r�asonable cos�s, expenses, and attorneys' fees
<br /> incurred by Trustee�r L�nder in connectivn with the condemnati�n.
<br /> 111JIP�5ITI�N DF TA�CES, FEES ►4ND CHARGES BY G�1IERNMENTAL I�IUTHQHITlES. The failawing pro�isions r�lating
<br /> to�vvernmental taxes, fees and charges ar� a part�fi th�s Deed�f Trust:
<br /> Gurr�nt Taxes. Fees and Charges. l]p�n r�quest by Lender� Trustvr sha�l execute such da�um�nts in addition ta
<br /> this Deed of Trust and tak� whate�er other acti�n is requeste� �y Lender to perfect and cvn�inue Lender's �ien on
<br /> the Real Pro�er�y. Trustor shall reim�urse Lender �or all taxes, as described be�ow, tag�ther with aEl expenses
<br /> incurred in recording, perfecfing vr �vntinuing this De�d vf Trust, in�luding without limitatian all �axes, fees,
<br /> documen�ary stamps, and �ther charges for recarding or registering this Deed �f Trust.
<br /> Taxes. The foll�wing shall constitute taxes t� ►rvhich this se�t�vn applies: �1) a spe�ific tax upon this �ype of
<br /> Deed af Trust or upon all Qr any part �f �he �ndebtedness secured by this Deed of Trusfi; ��y a specifiic �ax on
<br /> Borrower which Barrvwer is authori�ed or r��uired t❑ dedu�t fram payments �n the Indebtedness secured by this
<br /> type �f ❑eed o�Trust; �3y a tax vn this #ype of Deed af Trust chargeable against the L�nder or the holder vf the
<br /> IVote; an� {4} a specific tax on all vr any par�ion af the Indeb�edness or on payments o� principal and interest
<br /> made �y Barrower.
<br /> Subsequent Taxes. If any tax t� which this section applies is enacted su�sequent t� the dat� of this ❑eed of
<br /> Trust, this ��en�t sha[I ha�e the same ef�fect as an E�ent of Default, and Lender rriay exercise any or all of its
<br /> a�ailabf� remedies fior an Ev�nt �f De�ault as proWided below unless Trustor either {1} pays the tax before it
<br /> be�omes del'rnquent, or ��} contes�s the tax as praWid�d abo�� in th�Tax�s and LEens secti�n and deposits with
<br /> L�nder cash�r a sufficien�corporate surety�ond vr o�her security satisfact�ry ta Lender.
<br /> SECURITY AGREEMENT; FIIVANCIIVG S1'ATEIIIIENTS. The following proWisions r�fating to this Deed af Trus� as a
<br /> se�uri�y agreement are a part o#this Deed of Trust�
<br /> Security Agreement. This ins�trumenf shall cvnst�tute a Securi�y Agreemen�t �o the extent any af the Praper�y
<br /> canstitutes fixtures, and Lender shall have all v�th� rights ❑f a secured party unde��he L]niform Commercial Coda
<br /> as amend�d fr�m time to time.
<br /> Security Int�r�s�. LJp�n request by Lender, Trus�tor shall take wha�e�er action is request�d by Lender to perfect
<br /> and continue Len�er's seGurity interest in the Ren�ts and Personal Property. !n ad�i�ion tv recvrding �his Deed of
<br /> Trust in �the r�al proper�y records, Lender may� at any �ime and withou� further authoriza�ion from Trustor, file
<br /> executed counterpar�ts, c�pies or reproduGtions �f �his D�ed �f Trus�t as a financing statem�nt. Trustor shall
<br /> r�im�urse Lender far al! expsns�s incurred in pe�fe�ting ar can�inu�ng �his s�curity interest. L1p�n default, Trus�or
<br /> shall no� remove, sever or deta�h th� Personal Proper�y from the Property. lJpon defauit� Trustar shal� assemble
<br /> any Persvnal Property not a��ixed to th� Property in a manner and a�a place r�asonably con��nien�to Trustor and
<br /> Lender and make it a�ailable �o Lender with�n three {3� days after re��ipt vf writ�en d�mand from Lender �❑ the
<br /> extent permitted by applicable law.
<br /> Addresses. The mailing addresses vf Trus�tor {debtar} and Lender {secured party} from which infiormation
<br /> c�ncernin� the securi�y interest granted by th�s D�ed of Trust may be obtained {eaGh as required by the LJnifarm
<br /> Commercia! Cvdey are as sta�ed on the firs�page a�this Deed o�f Trust.
<br /> FURTHER ASSURAlVCES; ATTaRiVEY-IN-FAGT'. The foll�wing provisions relafiing to �urther assurances and
<br /> at�orney-in-�act are a part of this ❑eed of Trust:
<br /> Further Assurances. At any fiime, and �ram time #a fiime, upon r�ques� of Lender, Trust�r wi�l mak�, ex�cu�e and
<br /> deliv�r, or wil� cause to be made, executed or deliWered, fia Lender or to Lender's designee, and when requested by
<br /> Lender, cause t� be filed, recorded, refiied, or r�recarded, as the case may �e, a� such tirnes and in su�h ��F�fices
<br /> and places as Lender may deem apprQpriate, any and all such mortgages, deeds of�trust� securi�y deeds, security
<br /> agreements. finan�ing statements, cvntinuation sta�ements, instrumen�ts a� fur�her assurancef cer�i�Ficafes� and
<br /> other dacuments as may, in the sofe apinion of Lender, be necessary or desira�le in arder to ef�ectuate, c�mplete,
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