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<br /> DEEa �F TRUST
<br /> Loan Nv: 'l���g13�� �Continued} Page 5
<br /> Comp�iance Wifih Laws. Trustar warrants that the Prvperty and Trustvr's use of the Property complies with al[
<br /> exist�ng applicable 3aws, ardinan�es, and regu�at�ons af go�ernmental authorities.
<br /> SurWEval o� Representations and l�llarranties, All representations, v+rarranties, and agreements made hy Trustvr in
<br /> this Deed of Trus�shaf€ sur�i�e�he executian and deli�ery of this Deed o�Trust, sha�! be cvntinuing in nature, and
<br /> shall remain in full force and e-�fect un�il such�ime as Trustor's lndebt�dness shafl be paid in�u�l.
<br /> C�NDEMNATION. The following pro�isions relating t�condemnation praceedings are a part o�this ❑eed ❑f Trust:
<br /> Prvice�dings. l� any proceeding in condemnation is �iled, Trustor sha�[ prompt[y natify Lender in writing, and
<br /> Trust�r shall prvmptly take su�h steps as may be necessary t� de�end the aGtion and ❑btain �he award. Trustor
<br /> may be the nominal party in such pro�e�ding, bu�Lender shalE be entitled to participate in�he prv�eeding and to be
<br /> represented in �he proceeding by counsel ❑f its own chaice, and Trustor wi�f defi�er ❑r cause �❑ be deli�ered �o
<br /> Lender such Fnstruments and dacumenta�ion as may be requested by Lender �r�m time tv time �❑ p�rmit su�h
<br /> parti�ipation.
<br /> Applica�ion of Ne#Rrv�eeds. ff all ❑r any part af�he Proper�y is candemned by eminent domain proceedings vr by
<br /> any proceeding v�-purchase in lieu�f c�ndemnati�n, L�nder may at i�s e�ectian require that a�� vr any portivn af�he
<br /> ne� proceeds vf the award he applied #o the lndeb�edness ❑r the �-epair ❑r restarati�n v� the Property. The ne�
<br /> prv�eeds v�F the award shail mean the award afte�payrnent of all reasonable costs, expenses, and at�orneys' fees
<br /> incurred by Trustee❑r Lender in connecfiion with the candemnation.
<br /> � �MP�5ITI�N �F TAXES, FEES ANa CHARGES BY G�VERNMENTAL AUTHDRITIES. The foElawing pro�isivns relating
<br /> to go�ernmen�al taxes,fees and charges are a part❑f this Deed af Trus�:
<br /> Current Taxes, Fees and Charges. Llpon requ�st by Lender, Trus�ar shall execute such documents in addition to
<br /> this �eed of T�rust and take wha�eWe�-other actfvn is requ�sted by Lender ta perfect and c�ntinue Lender's �ien on
<br /> � the Real Property. Trus�ar sha�� reimburse Lender #or all taxes, as described belvw, together with a�! expenses
<br /> . incurred in r�cording, perfiecting ar c�n�inuing this ❑eed of Trust, including withou-t limi�ation al[ taxes, fees,
<br /> do�umentary stamps, and o�kher charges for recording or registering this ❑eed o-�Trust.
<br /> Taxes. The follawing sha�l constitute taxes t❑ which th�s se�tivn appfies: {'�} a spec��ic tax upvn this type ❑�
<br /> Deed o�Trus� or upan a11 or any part af the Indeb�edness secured by this Deed of Trus�; �2� a specific ta�€ ❑n
<br /> Trustvr which Trus�or is authorized vr�-equired ta deduc�fram paym�n�s on the lndebtedness secured by fihis type
<br /> af aeed vt Trust; �3} a tax an this type ❑f Deed of Trust chargeable against the Lender�r th� hvlder of the Note;
<br /> and {4} a specific tax on a11 ar any portian ❑f the lndebtedness or❑n paymen�ts af pr�ncipal and �nterest made by
<br /> Trus�or.
<br /> � Subsequen� Taxes. l� any tax t❑ which this sectian app�ies is enacted subsequent to the dat� ❑f this Deed of
<br /> Trusfi, �his e�ent shall ha�e �he same effiec� as an E�ent of ❑efaulfi, and Lender may exe�cise any ❑r all af its
<br /> a�ailabEe remedies for an E�ent of I3efauCt as prv�ided below unless Trustvr ei�her {�� pays �he tax before it
<br /> becvmes delinquent, o� t2� contes�s the tax as prv�ided aba�e �n the Taxes and Liens sec�ion and depasits wi�h
<br /> Lender cash❑r a sufficient corporate surety bvnd vr vther security satis�actory to Lender.
<br /> SECURITY AGREEMENT; F�NAN�ING STATE1tiJ1ENTS. The �ollow�ng prv�isions relating to this �]eed a� Trust as a
<br /> secu�ity agreement are a pa�t of this L�eed❑f Trus�:
<br /> Security Agreement. This instrument shall const�tute a Securi�y Agreement to �he ex�en� any af �khe Proper�y
<br /> cnnstifiutes �ix�ures, and Lender shall ha�e all of the r�ghts of a s�cured party under the Uniform Cammercial Code
<br /> as amend�d�from tim�t❑time.
<br /> Securi�y interest. Upvn reques� by L�nder, Trustor shall �ake wha�e�er action 15 reques�ed �y Lender�o per��ct
<br /> and con�inue Lender's security in�erest in the Rents and Persvnai Property. �n addi�ion tv re�ording this Deed o�
<br /> Trus� in the real praperty �-ecords, Lender may, a� any �ime and wi�hout fur�her au�khoriza�ian �rom Trustor; �ile
<br /> ex�cuted counterparts, copi�s or reproductivns o� this ❑eed of Trust as a financing sta�ement. Trustor shall
<br /> reimlaurse Lender far a�l expenses in�urred in perfecting or �vn�inuing this security in�erest. Upon default, Trustar
<br /> shall not remv�e, se�er or de�tach the Personal Praperty �rom the Property. Upan�default, Trustar shall assemble
<br /> any Pers�nal Praperty not afFixed to the Property in a rnanner and at a pla�e reasonably can�enient to Trus�or and
<br /> Lender and make i� availahle to L�nder within three 43} days af�er receipt of written demand fram Lender ta the
<br /> � ex�ent permitted by applicable law.
<br /> Addresses. The maifing addresses ❑f Trustar �d�k��ar} �and Lender �secured parky} ��rom which in�forma�ion
<br /> concerning �he s�curity interes� granfied by�his Deed of Trust may he abtained �each as requi�ed by �he Uni�orm
<br /> Commercia[ Cvde} ar�as s�afied�n the�i�st page of this Deed❑t Trust. �
<br /> FURTHER ASSURANCES; ATT�RNEY-lN-FAGT. The follow�ng pro�isions re�a�ing to tur�her assuranGes and
<br /> attorney--in��act are a part o�this Deed ❑#Trust:
<br /> Further Assurances. At any time, and �rom time to-�ime, upon request ❑� Lender, Trustor will make, execu�e and
<br /> deli��r, or wi11 cause to be made, executed or de�i�ered,�o Lender or�o Lender's design�e, and when requested by
<br /> Lender, cause t❑ be filed, recorded, re�iled, nr rerecorded, as the case may be, at such times and in such of�ices
<br /> and p�aces as L�nder may deem apprvpria�e, any and all su�h mvr�gages, deeds of trust. security deeds, security
<br /> agre�ments, financing sta�ements, con�tinuatian sta�ements, instrumen�s v� further assurance, certificates, and
<br /> othe�-documents as may, �n�h�sole opinion ❑f Lender,,be necessary or desirab[e in ❑rd�r to effectuate, camQlete,
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