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<br /> DEED �F TRUST
<br /> Laan No: '1��Z8�4�'1 ��ontinued� Page 5
<br /> • �his ❑eed of Trust shall sur�i�e fh� exe�ution and deli�ery o�this Deed of Trus�, shall be cvntinuing in nature, and
<br /> shall remain in full fvrce and effect unti!su�h time as Trustar's lndebtedness shal� be pa�d in fufl.
<br /> C�NDEMNATI�N. The fvll�wing provisivns refating�a condemnation proceedings are a part of this Deed of Trust:
<br /> Pra�eedings. If any proceeding in condemnativn is fifed, Trustvr shall promptly nvti�y Lender in writing, and
<br /> Trustvr shall promptly #ake such steps as may be nec�ssary tv def�nd the activn and vbtain the award. Trustor
<br /> may be�he nominal party in such proceeding, bu�Lender sha!! be entitfed t❑ participa�e in the proceeding and t� be
<br /> represen�ed in the praceeding by cvunsel ofi its own choice, and Trustvr wiil del��er or cause to be deli�ered to
<br /> Lender such instruments and do�umentation as may be requested by Lender �rom time to time to permit such
<br /> participa�ivn. .
<br /> Applica�ion of Net Proceeds. !f a�� vr any part o�th� Property is �ondemned by eminen�damaFn prvc��dings vr by
<br /> any proceeding a�purchase in lieu o�candemnation, Lender may at its �kection re�uire tha�al[ or any partivn afi the
<br /> net prviceeds vf �he award be applied to the lnde�tedness vr the repair ❑r restoration vf the Property. The net
<br /> praceeds �f�he award shall mean the award a�-ter payment ❑f all reasanable c�sts, expenses, and attorneys' fiees
<br /> incurred by Trus�ee or Lender in connection with the candemna�ion.
<br /> IMP�S�TI�N flF TAXES. FEES AND CHARGES 6Y G�VERNMENTAL AIJTHDRITIES. The foll�wing pro�isions relat�ng
<br /> �a gv�ernmental taxes, fees and charges are a part❑�this Deed of Trust:
<br /> Curren� Taxes. Fees and Charges. Upan request by Lender� Trust�r shall execute such dacuments in addi�ion to
<br /> this Deed of Trust and take wha�e��r ❑fiher action is reques�ed by Lender to per�ect and cvntinue Lender's lien on
<br /> the Real Property. Trus�vr shall reimburse Lender for all �axes, as described befvw, tog�ther with all expenses
<br /> incurred in recarding, perfe�ting flr continuing this Deed o� T�-us�, inciuding without fimitation all �axes, fees,
<br /> documentary s�amps� and o�her charges�vr recording or registering this Deed ❑f Trus�.
<br /> Taxes. The faE�owing shall �vnstitute taxes �a which this sectivn applies: {�} a specific tax upan �his type ❑f
<br /> ❑eed o�Trust ❑r upvn a!I vr any par� of the lndebtedness secured by this ❑eed vfi Trust; �2} a speci#ic �ax on
<br /> Trus�ar which Trustvr is autha�ized vr required�v deduct from pa.yments on the Indebtedness secured by this type
<br /> vf Deed ❑f Trust; �3} a tax on this type vf Deed ❑f Trust�hargeable against the Lender flr�he holder o��he Note;
<br /> and {4} a specific tax ❑n al! or any por�ion o�fhe lndebtedness vr an paymen�s v� princ�pal and interes� made by
<br /> Trustar. �
<br /> Subsequent Taxes. [f any #ax t❑ whi�h this sectivn applies is ena��ed subsequent to the dafie of this Deed of
<br /> Trust, this e�ent shall ha�e �he same effect as an E�en� af Defaul�, and Lender may exercise any ar all vf its
<br /> a�ailable remedies for an E�ent of ❑efault as prov�ded belvw unless Trus�vr ei�her �1 y pays the tax be�ore it
<br /> becomes delinquent, �r ��} contests �he tax as p�o�ided abo�e in fihe Taxes and Liens section�and depos��s wi#h
<br /> Lender cash or a sufficient corporate surety bvnd �r oth�r secur��y sa�isfactory tfl Lender.
<br /> SECURITY AGREEMENT; FINANCiNG STATEMENTS. The fallowing prv�isions rela�ing ta this Deed of T�usfi as a
<br /> security agreement are a part❑f this Deed of Trust:
<br /> 5ecurity Agreement. Th�s instrument shall constitute a Securi�y Ag�eement t❑ �he ex�ent any ofi #he Praperty
<br /> cons�ki�utes fixtures, and Lender shall ha�e a[� of the rights of a secured party under the Uniform Cammer�ia[ Code
<br /> as amended from time�❑time.
<br /> 5ecurity Interest. L]pan r�ques� by Lender� Trustor shall take whate�er actian is reques�ed by L�nder to per��ct
<br /> and continue Lender`s securi�y in�erest in the Rents and Persanal Property. En additian t❑ re�ording this Deed a�
<br /> Trust in the real prvperty �ecvrds, Lender may, at any fime and withoufi �urther authoriza�ian fram Trustor, �ile
<br /> �xecuted coun�erparts, cvpies or reproductians of this ❑eed o� Trust as a �inancing statemen�. Trus�ar shall
<br /> reimburs� Lender far all expenses incurred in perfecting vr c�ntinuing this security in�eres�. �pan de�ault� Trustvr
<br /> shall not rema�e, se�er �r detach the Personal Proper�y from the Property, Upon default, Trustar sha�� assemble
<br /> any Persvnal Property not affixed tv the Proper�y in a manner and at a place reasanably can�enient to Trustvr and
<br /> Lender and make it a�ailabie ta Lender within three t3} days after receip� of written demand frvm Lender tv the
<br /> extent permitted by applicable law.
<br /> Addresses. The mailing addresses ❑f Trustor {debtor} and Lender {secut�ed party} #rom wh�ch tn�ormation
<br /> cvnGerning the security interes� granted by �his Deed vf Trusfi may be vb�ained {each as required by the Uniform
<br /> Gommerciai Cvde� are as s�ated❑n the first page of this Deed af Trust.
<br /> FURTHER ASSIJRANCES; ATT�RNEY��N-FACT. The follawing prv�isions relating t❑ further assurances and
<br /> attorney-in-fact are a par��f�his ❑eed ❑f Trust;
<br /> Further Assurances. At any time, and �rom time �o �ime� upan reques� of Lender� Trustar will make. execute and
<br /> de�i�er, ❑r wil[ cause ta �e made, execu�ed ❑r deli�ered,�o Lender ar�o Lender's designee, and when request�d by
<br /> Lende�-, �ause tv be filed, recorded, refii[ed, vr rerecorded, as the case may [�e, at such �imes and in such offices
<br /> and places as Lender may d�em appropriate, any and aE! such mor�gages, deeds o�trust, securi�y deeds, security
<br /> agreemen#s, financing statements, cvntinuation s�atements, ins�ruments a� furthe� assurance, cer�ificates, and
<br /> vther dacuments as may, in �he safe opinion �f Lender, be necessary or desirable in order ta efi�ectua�e, complete,
<br /> perfect, continue, or preser�e ��y T�-ustor's ❑bliga�inns under the Nvte, this ❑eed ❑f Trust, and �he Related
<br /> Dacuments� and t2� th� iiens and se�urity interests created by#hEs Deed v�Trus� as first and privr liens ❑n �tihe
<br /> Property, whe�her nvw owned ar her�a�ter acquired by Trustor. �nless prvhibited by �aw or Lender agrees to �he
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