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<br /> ❑EEa �F TRUST �
<br /> Lvan Nv: '1�1�82D�5 �Continued} Page 5
<br /> Prn�eedings. lf any praceeding in candemnativn is filed, Trus�or shall pramptly na�ify L�nder in writing, and
<br /> Trus�or shall promp�ly take such steps as may be ne�essary �o defend the ac�ion and obtain �he award. Trustar
<br /> may be the nominal party in such prviceeding, but Lender sha11 be ent�t�ed�❑ participate in the proceeding and�o be
<br /> represented in �he proceeding by counsel of i�s ❑wn choice, and Trustor will deli�er o�- cause to be deli�ered to
<br /> Lender such instrumen�s and documen�ation as may �e reques�ted by Lender fram time fio fiime t❑ permit such
<br /> par�icipa�ion.
<br /> Appl�cation vf Net Prviceeds. lf.all or any part of the Prvpe�ty is condemned by eminent dama�n proceedings or�y
<br /> any proceeding ❑r purchase in lieu of condemna�ion, Lender may at its election require fihafi all vr any pvrtivn o�fihe
<br /> net proceeds of �he award be applied �a the [ndehfiedness or the repair ar res�aration ❑�f �he Property. The ne�
<br /> � proceeds ❑f the award shall mean fihe award afker payment❑f a([ reasonable costs, �xpenses, and attorneys' fees
<br /> incurr�d by Trus��e or Lender in c�nne��ion wi�h�khe condemnat�on.
<br /> 11ti11PaSiTIDN DF TAXES, FEES AND CHARGES BY GDVERN�IlEENTAL AUTH�RIT�ES. The following pro�isions relating
<br /> �v ga�ernmental fiaxes,�Fees and �harges are a part of�his Deed ❑f Trust:
<br /> Curren�Taxes, Fees and Charges. lJpon reques� 1ay Lender, Trustor shall execute such documen�s in addition to
<br /> �his ❑eed of Trust and�ake whafie�e�-vther ac�ivn is requested by Lender t� perfect and continue Lender's lien on
<br /> fihe Rea� Praper�y. Trusfior shal[ re�mburse Lender for all �ka�es, as described below, together wi�h all expenses
<br /> incur�ed �n recording, perfectEng ar continuing this Dsed af Trusfi, includ�ng rrvifihout limita�ion a�� taxes, fees,
<br /> documentary s�amps, and o�her charges�Fvr recording ❑r registe�-ing this ❑eed of Trust.
<br /> Taxes. The follawing shall cans�itute taxes �❑ which fihis se��ion applies: 4�} a spe�ific tax upon this �ype ❑�f
<br /> �eed o�Trus� or upon a�l or any pa�t ❑�the lndebtedness secured by �his Deed ❑f Trust; ��� a specific tax an
<br /> Barrowe�whi�h Borrower is au�horized or required �❑ deduct from paymen�s on fihe lndebtedness secured �y�his
<br /> �ype o� �3eed o�Trus�; {3� a �ax vn�his fiype of Deed ❑f Trus�chargeable against�khe Lender vr the ho[der a��he
<br /> Note; and {4} a speci�ic �kax on all or any portion o� the Inde�tedness ❑�- on paymen�s ❑f principal and inte�rest
<br /> � made by 6vrrower. .
<br /> ' Subsequent Taxes. I� any tax to which this section applies is ena��ed subsequent to the dat� o�F this Deed o�F
<br /> Trust, �his ��ent shall haWe the same effe�� as an E�ent of De�ault, and Lend�r may exercise any ar a�! o� i�s
<br /> a�ailab�e remedies for an E�ent af ❑e�aul� as pro�Ed�d below un�ess Trus�vr either ��� pays �he tax before it
<br /> becomes deiinquent, ❑r �2� con�ests �he tax as pro�ided abo�e in the Taxes and Liens se�tion and depasi�ks with
<br /> Lender cash�r a su��icient corpvrate surety band or ofiher security satisfac�ory to Lender.
<br /> SECUR�TY AGREEMENT; F�NANCING STATEMENTS. The �olfowing pra�risions relating to �his I�eed of Trust as a
<br /> securi�y agreement are a par�of this �7eed o-�Trust:
<br /> . 5ecurity Agreement. This instrumen� shall cvnsfii�ute a Security Agreemen� tn the extent any of �he Praperty
<br /> cons�ifiutes fixfiures, and Lender shall have all �f�he righ�s of a secured party und�r�h� Uniform Cvmme�cial Cod�
<br /> as amend�d�ram�Eme to time.
<br /> Secur��y �nterest. Upon reques�k by Lender, Trustor sha�l ta�e whate�er activn is reques�ed by Lender�o per�ec�k
<br /> and continue Lender's securi�y inte�-est in �he Renfis and Persana[ Pr�perky. �n addi�ian �o recording �this Deed o� . .
<br /> Trusfi in �he r�a1 p�nper�y records, Lender may, at any time and wi�hvut fu�ther authvriza�ion �ram Trus�or, -�ife
<br /> executed counterparts, copies or reproduc�ivns vf �this Deed ❑f Trus� as a �inancing statement. Trustvr shall
<br /> reimburse Lender for a!� expenses incurred in perfecting or cvntinuing fihis securi�y Enteres�. Upan de�rault, Trustor
<br /> shai� na�t remo�e, seWer ar detach�he Persona� Proper�y �ram �he Prop�rty. Upan d��auEt, Trust�r shaE� assemb[e
<br /> any Persona� Praper�y no� affixed to the Property in a manner and a� a place reasvnably convenient t�Trus�or and
<br /> Lender and�make i� a�ailabfe fiv Lender wE�hin �hree �3} days a-Fte�r receipt af wr'tfit�n demand �ram Lender t❑ �he
<br /> ex�en�permi#ted by applicable law.
<br /> Addresses. The maifing addresses o� Trustvr �de�tvr} and Lender 4secured party} �rom which in�orma�ion
<br /> concerning the securi�y interest granted by this Deed af Trusfi may be �btained {each as required �y the Uni#orm •
<br /> Commer�ial Code� are as stated an�he first page o�this Deed of Trus�.
<br /> FURTHER ASSURANCES: ATT�RNEY-IN-FACT. The follawing praWisions r�lating fiv �urther assurances and
<br /> at�vrney�in�fact are a part of�his Deed o�F Trust:
<br /> Further Assurances. A� any�ime, and �from time to time, upon requ�s� a�Lender, Trus�tor will make, execu�e and
<br /> deli�er, �r will cause to be made, exe�u�ed ❑r deli�ered, �o Lender or to Lender's designeer and when requested �y
<br /> Lender, cause tv he filed, re�vrded, refiled, or �-e�-ecvrded, as the case may be, a�such times and �n such v�fifces
<br /> and places as Lender may deem appropriate, any and all su�h m�rtgages, deeds of t�-ust, security deeds, secu�r��y
<br /> agreements, �inancing s�atements, continua�ivn statem�nts, instrumenfis af �ur�her assurance, certificates, and
<br /> other documents as may, in the sole opinion of Lender, be necessary or desErable in ❑rder ta ef�ec�tuate, comp�e�e,
<br /> per�ec�t, cvntinue, or preser�e �'1� Barrower's and Trustv�-'s abiigations under�khe Note, �his Deed ot Trus�, and
<br /> the Reiafied Do�umen�s, and ��� the liens and security interests crea�ed by this Deed vf Trust as ��rst and p�-ior
<br /> liens on the Property, whether now owned ❑r hereafter acquired by Trustar. Unless prvhibi�ed by law ar Lender
<br /> agrees�❑the cantrary En wri�ing, Trustor shall re�mburse Lender fvr aE� casts and expenses incurred in cvnnectivn .
<br /> wi�th�he ma��ers referred�v in this paragraph.
<br /> Attorney-�n-Fact. If Trustor fails to do any af�he things referred�a in the preceding paragraph, Lender may da so
<br /> �ar and in �he name o�Trustor and at Trustor's �xpense. For such purpases, Trustor hereby irre�ocabiy appoints
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