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<br /> ��14�5543
<br /> DEED �F TRUST
<br /> Loan No: 1 D1 Z7�°�72 ��ontinued} Page 5
<br /> to ga�ernmen�al taxes, fees and charges are a parfi v�this ❑eed ❑f Trusfi:
<br /> Current Taxes, Fees and �harges. Upon request by Lender, Trustor sha�l execu�te such documen�s in additi�n to
<br /> this Deed of Trus� and�ake wha�e�er other ac�tion is reques�ed by Lender to perfect and cvnfiinue Lender's lien ❑n
<br /> �he Real Proper�y. Trus�tar sha�i reimburse Lender fior all �axes, as described b�low, �together wEth al� expenses
<br /> in�urred in re�vrding, p�rfecting �r continuing th�s Deed ❑� Trust� including with�u� limifiafiion all �axes, fees,
<br /> documen�ary stamps, and o�her�harges for recvrding❑r regis�ering�his ❑eed of Trus�.
<br /> Taxes. The fvllowing shall cvnsti�u�e �axes to which this sectivn applies: {�} a specific tax upvn this �type of
<br /> L�eed af Trust or upvn all or any part ❑f the Endebfiedness secured by this Deed v�Trust; �2} a speci�ic tax on
<br /> Trustor which Trustor is author��ed ❑r required �o deduct from payments vn fihe [ndeh�edness secured �y this type
<br /> o�Deed a�Trust; {3} a�ax an this type of❑eed ❑f Trus��har�eable against fhe Lender or�he holder❑�the Note;
<br /> , and {4} a specific tax on a1� ❑r any p�rtion ❑f the fndeb�edness or❑n paymen�s a�F principal and in�eres� made by
<br /> Trustor.
<br /> 5ubsequen� Taxes. lf any tax �o which �his section applies is enacted subsequent to the date v� this Deed vf
<br /> Trust, this e�ent shall haWe the same e��ect as an E�en� ❑f ❑e�ault, and Lender may exercise any ar all ❑f its
<br /> a�ailable remedies �or an E�en� ❑f Default as prov�ded beloirv unless Trus�or ei�her �'1� pays the tax be�Fore it
<br /> becomes delinquenfi, ❑r t2} cont�s�s the�ax as prv�ided abv�e �n the Taxes and Liens section and deposits with
<br /> Lender cash or a su��icient carporate surety bond ❑r o�her security safiisfac�o�y to Lender.
<br /> SECUR�TY AGREEMENT: FINAN�ING STATEitiI[ENTS. The following pra�isions re�ating t❑ this Deed o�r Trust as a
<br /> securi�y agreement are a part of this ❑eed vf Trus�:
<br /> 5e�urity Agreemen�, This instrument shall cansti�ute a 5ecurity Agr�em�nt ta �he extent any fl� the Property
<br /> constitutes fiix�ures, and Lender shalE ha�e all of#he rights ❑f a secured party under the Llniform Cammercial Code
<br /> as amended�rvm�ime t❑time.
<br /> 5ecurity lnterest. Upon reques� by Lender, Trus�or shal� �ake whate�er ac�ion is requesfied by Lende�- ta perfect
<br /> and �ontinue L�nder's se�urity in�erest in the Personal P�-�perty. En addi�tion to recvrding this ❑eed of Trus� in the
<br /> rea! proper�y recvrds, L�nder may, at any time and wi�hout further authoriza�ion from Trusto�-, file executed
<br /> counterpar�s, Cvpies or reproductions ❑� this ❑eed ❑f Trus� as a �inan�ing statement. Trustor shall reimburse
<br /> Lender�or all expenses incurred in perfecting or continuing this security inter�st. Upon default, Trustor shall nofi
<br /> remo�e, seWer or detach �he Personal Property �r�ri� the Property. Upon de�ault, Trustor shafl assemble any
<br /> Personal Proper�y no� affixed to fihe Property in a manner and at a place reasonably con�enient to Trus�or and
<br /> Lender and make ifi a�ailable t❑ Lender within three �3y days after receip� af wrifiten demand frvm Lender to fih�
<br /> exten�permit�ed by applicable law.
<br /> Addresses. The maifing addresses ❑f Trustor 4dehtor� and Lender �secured party} fram which informatian
<br /> concerning the s�cu�Ety infieres� gran�ked by this Deed o#Trust may be ❑b�ained �each as required by th� Unifa�-m
<br /> Cvmmercial Code� ar� as sta�ed an the firsfi page�f�h�s Deed ❑f Trus�.
<br /> FURTHER A55URANCES: ATT�RNEY�IN�FACT. The fivllawing pro�isians relating �o further assurances and
<br /> attarney-in-fac�are a part o�this ❑��d��Trust:
<br /> �
<br /> Further Assuran�es. At any�ime, and from time tv tim�, upan request o�F Lender, Trustvr will make, execute and
<br /> deli�er, ar will cause to be made, executed ❑r deli�ered, t❑ Lender or�o Lender's designee, and when requested by
<br /> Lender, cause �❑ 1ae �ffed, recorded, refiled, ❑r rerecorded, as �he �ase may he, at such times and in such ❑�f�ices
<br /> and pla�es as Lender may deem appropriafie, any and all such mort�ages, deeds o��rus�k, security deeds, se�urity
<br /> agreements, �inancing statemen�s, continuatian s�atements, ins�rumen�s of �urther- assuran�e, certi�icates, and
<br /> vfiher dacuments as may, in the sale opinion vf Lender, be necessary ar desirable in order ta e�fectuafie, complete,
<br /> perfecf, con�inue, ❑r preser�e ��� Trustor's abliga�ions und�r the Nate, this Deed vf Trus�, and �he ReEated
<br /> ❑ocuments, and ��} the [iens and security in�erests created 1�y this ❑eed of Trust on�he Property, whether now
<br /> owned or her�a#-ker acquired 1�y Trusfior. Unless pr�hibited by law or Lender agr��s �o the contrary in wri�ing,
<br /> Trustvr shafl reimburse Lender far all cos�s and expenses incurred in connection with�he mat��rs re�erred t❑ in this
<br /> paragraph.
<br /> At�vrney-in-Fac�. lf Trus�or fiails t� dv any ❑fi the things referr�d ta in �he preceding paragraph, Lender may do sv
<br /> for and in�he name ❑f Trustar and a�k Trus�or's expense. For such purpvses, Trus�kor hereby irre�ocably appvints
<br /> Lender as Trus�or's a��orney--in--fact far the purpvse ❑f making, execu�ing, de�i�ering, �iling, recording, and daing all
<br /> ❑�her �hings as may be necessary or desirable, in Lender's sole opinion, �o accomplish the ma��ers re�erred to in
<br /> �he preceding parag�-aph.
<br /> FULL PERFDRMANCE. if Trustar pays a11�he lndebtedness, including withaut limifiation all future ad�an�es, when due,
<br /> and othe�wise performs all the ❑bligations impvsed upon Trustor under �his I�eed ❑f Trus�k, Lender shall execute and
<br /> deCi�er t❑ Trus��� a request �or full rec�n�eyance and shalf exe�u�e and de[i�er t❑ Trustor suitable s�atemen�s o�
<br /> fierminafiion o� any financing s�a�ement on �E[e e�idencing Lender's security interest in �he Ren�s and �he P�rsonal
<br /> Property. Any re�on�eyance fee required 1ay�aw shall be paid by Trus�or, if permitted }�y applicable law.
<br /> EVENTS DF I3EFAULT. At Lender's option, Trus�or will be in d�fault unde�-this Deed vf Trus� i� any o#the �ollow�ng
<br /> happen:
<br /> Paymen�De�au[�. Trustor fiails�o make any payment when due under the Indeb�edness.
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