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<br /> DEED �F TRLJST
<br /> Laan Na: '1���8'l 3�3 ��antinued} Page �
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<br /> r Compiian�e With Laws. Trus�or warrants tha� fihe Praperty and Trustor's use ❑f �he Praperty complies wi�h a�l
<br />; existing applicable laws, ordinances, and regulatf�ns of go�ernmental autharities.
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<br /> 5ur�i�ai of Representations and Warranties. All �-epresenta�ians, warranties, and agreemen-�s made by Trusfior in
<br /> �his Deed of Trust shaf I sur�iWe the execution and deli�ery vf�his ❑eed vf Trusfi, shall be continuing in nature, and
<br /> shal! remain in fuI[force and ef�ect unti�such time as Trustor's Endebtedness shall be paid in ful�.
<br /> C�NDENINATIDN. The following prv�isions re�a�ing�ko condemna�ivn proceedings are a part vf this �eed vt Trus�:
<br /> Proceedings. (f any proGeeding in cvndemnation �s filed, Trustar shali promp�ly n�tify Lender in writing, and
<br /> Trustor sha�t promp�ly '�ake such s�eps as may be necessary ta defend th� action and o��ain th� award: Trustor
<br /> may be�he nomina[ pa�ty in such praceeding, but Lender shal! be enfiifi[ed to participate in the praceeding and t� be
<br /> represen�ed �n the praceeding by �ounsel ❑f its own choice. and Trustor wE[L defi�er or cause �o be deli�ered �o
<br /> Lender su�h ins�ruments and dacumentativn as may be request�d hy Lender �rom time �ko �ime �a permi� such
<br /> parfiicipatian.
<br /> Application vf Ne�Proceeds. [f all ❑r any part a�the Property is condemned by eminen�domain praceedings ❑r by �
<br /> any prv�eedin� ❑r purchase in l�eu vf condemnatian, Lender may a�i�s eEe�tion require thafi a!� ar any portion of the
<br /> ne� proceeds o� �he award be applied tv the Indebtedness ❑r the repair or restoration o#�he Prnperty. The net
<br /> proceeds of th� award shall mean the award after paymen� vf all reasanalale costs, expens�s, and a�torneys' �ees
<br /> incurred hy Trustee or Lender in connection wi�h the condemna�ion.
<br /> �MP�5ITI�N �F TAXES, FEES ANa CHARGES BY G�VERNMENTAL AUTH�RITIES. The following pro�isians relafiing
<br /> �o go�ernmenfia!taxes,fiees and char�es are a part of�his L�eed o�Trust:
<br /> Current Taxes, Fees and Charges. Upon reques� hy Lender, Trus�or shall execute such dvcuments in addi�Eon tv
<br /> this Deed o#Trust and take whate�er othe�-acfiivn is requested I�y Lender�a perfec� and can�inue Lender's lien on
<br /> �he Rea! Prvperty. Trus�vr shall re�mburse Lender far a�I #axes, as described laelow, together ►nrith ail expenses
<br /> in�urred in recording, perfec�ing or �ontinuing this Deed o� Trust, including withau� ��mita�ivn ai1 taxes, fe�s,
<br /> documentary stamps, and vthe�cha�ges for recnrdtng vr registering fihis ❑eed ❑f Trust.
<br /> Taxes. The #ollowing shali constitute taxes �a which this section applies: {�} a specific tax upon fihis type o�
<br /> Deed ❑f Trust ❑r upon all ❑r any part af the lndeb�edness secured by th�s Deed of Trust; �2y a spe�if�c tax vn
<br /> Trustor which Trustvr is auth�rized ❑r required to deduct from payments vn the lndebfiedness secured hy�his type
<br /> ❑f Deed o�T'rus�; �3} a tax on this type vf Deed ❑�Trust�hargeable against the Lender or the holder of�h� Note;
<br /> and �4� a sp�cific tax on al1 �r any partion o��he lndebtedness or vn payments of principal and interest made by
<br /> Trust�r. .
<br /> Suhsequent Taxes, !f any tax ta which this sectinn app�ies is enacfied subs�qu�nt t❑ the date ��f this Deed ❑�
<br /> Trust, �his e�en� shaEi have the same effect as an Ewen� ❑�f Default, and Lender may exercise any ❑r ali ❑f i�s
<br /> a�ailable remedies �or an E�ent of ❑efiault as provEded below unless Trustor ei�her �1} pays the tax before it
<br /> becomes delinquent, ❑r �2} contes�s the�ax as prv�ided aba�e En the Taxes and Liens sect�on and deposits with
<br /> Lender cash vr a su��i�ien�corporate su�-e-ty bond or o�her security satisfiac�ory fia Lender.
<br /> SECURITY AGREEiUfENT; FINANCiNG STATEMENTS, The following pro�isions relating to this ❑eed v� Trust as a
<br /> security agreement are a part❑f this ❑�eed of Trus�:
<br /> Secur�ty Agreement. This instrumen� sha!! constitute a Securi�y Agreement to the extent any ❑� the Prvperty
<br /> cansfiifiutes fixtures, and Lender shal[ ha�e al[ ❑��he righ�s o�F a secured party under�he Uniform Comm�rcial Code
<br /> as amended�rom time t�time.
<br /> Security lnterest, Upon request by Lender, Trustor shall take whate�er action is requested by Lender to per�ect
<br /> and continue Lende�'s security interest in the Ren�s and Persvnal P�-operty. ln addition �o re�ording �his Deed �f
<br /> Trust in �he reaf property records, Lender may, at any time and withaut further authvrEza�ion fr�m T�-ustor, �ile
<br /> executed counfierparts, copies or reprvduc�ians D� thi5 I�eed ❑f Trus� as a financing statement. Trus��r shall
<br /> reimk�urse Lender for af� expenses incurred in perfe��ing or continuing this secur�ty in�erest. Upon default, Trustor
<br /> ' shal! nv� remo�e, sever❑r detach-�he Personal Praperty �rom fihe Property. Upan defauft, Trustor shall assemble
<br /> any Fers�nal Pr�perty nat affixed t❑the Praperty in a manner and at a pf ace reasonably con�enient t❑Trustar and
<br /> Lender and make it a�ailal�le to Lender wi�hin three �3� days after receip�t af written demand fram Lender#❑ the �
<br /> extent permitted by applicable law.
<br /> Addresses. The mailing addresses af Trustor �deb�vr} and Lende�- �secured partyy from which in�ormation
<br /> cvncerning the security in�erest granted by this ❑eed of Trust may be abtained {ea�h as required by the Uniform
<br /> Cvmmercial C�de} are as stated vn the firs�page❑f this �eed❑�Trust.
<br /> � FURTHER ASSURANCES; ATT�RNEY-IN-FACT. The following pro�isions rela�ing ta further assurances and
<br /> attarney-in--fact are a part of�his Deed ❑�Trust:
<br /> Further Assuran�es. A�any�ime, and from�ime tv�ime, upon request of Lender, Trust�r will make,�execute and
<br /> deli�er, vr wiEl �ause to }�e mad�, exe�u�ed or deli�ered,tv Lender or tv Lender's design�e, and when requested by
<br /> Lende�-, cause�o be filed, recorded, re�i�ed, a� rerecorded, as �he case may be, a� su�h times and in such affices
<br /> and places as Lender may deem appropriate, any and al[ such mar�gages, deeds of�rust, security deeds. securi�y
<br /> agreements, financing stat�ments, cvntinua�ivn stat�ments, instrumen�s of fur�her assurance, certi�icates, and
<br /> ❑ther documents as may, �n the sale ❑pinion of Lender, l�e necessary❑r desirable in❑rder to effec�uate, compf�te,
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