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��15�1��3 � � r t�EED DF TRUST Lvan Nv: 1 D'I Z�359� �Cvntlnued} Page 5 Exisfiing Lien. The lien ❑� this Deed vf Trus� securing the lnd�btedness may be se�ondary and infer�or �❑ an exis�ing lien. Trustor�expressly co�enan�s and agrees �v:pay, or see t❑�he paymen�❑�, the Ex�st�ng Indeb�edness and to pre�ent any default on such indebtedness, any defaul�under�the ins�rumen�s e�idencing such indebtedness, or any de�au�t under any security documen�s for such indebtedness. No Mvdificativn. Trus�ar sha[� not enfier infio any agreem�n� wi�h the holder o� any mortgage, deed a� trust, or �ther security agreemen� which has privrity v�er this Deed vf Trus� �y which �hat agreement is modified, amended, extended, �r renewed wi�haut fihe prior wri�ten �onsent ❑� Lender. Trustor shall neither requ�st nor accep�any fu�ure ad�ances under any such security agreement withou��h� priar written consen�of Lender. CDNDEI�INATIDN. The fallawing provisFons relating�o candemnation proceedings are a part af this �eed ❑�Trust: Prviceedings. �f any proceedin� in cvndemnation is filed, Trustv�- shall prompt�y nv�ify Lender in wr�ting, and Trustor shall promp�ly tal�e su�h s�eps as may be necessary to de�end �he action and ob�ain fihe award. Trustor may be�he nominal party�n such praceeding, but Lender shall be entifiied to parkicipate in the pro�eeding and�❑ be represented in the proceeding by counsel o� its own Ghaice, and Trus�or will deli�er ❑r cause to be de�i�ered t� Lender such instrumenfis and documen�ation as may 1�e reques�ed by Lender from time ta time t❑ permi� su�h � participation. � Applicativn of Net Proceeds. l�all or any par�a�the Property is condemned by eminent domain praceedings or by any prviceeding or purchase in lieu of�ondemna�tian, Lender rriay a�its elect�on require tha�all ar any por�ion of�he net proceeds v� fihe award be app[ied �o the Indebtedness or the repair v� res�arafiion fl� fhe Proper�y. The net praceeds of the award sha�� mean�he award afker paymen� of a�� reasonable cvs�s, expenses, and attarneys' fees • incurt-ed by Trus�ee or L�nder in connec�ion wi�h the candemna�ion. lMPD5lT1DN �F TA�ES, FEES AN� CHARGES BY G�VEFi[I�MENTAL AUTH�RITIES. The tallawing pra�isions relafiing ' to gv�ernmen�a�taxes,fees and �harges are a part❑f this Deed❑f Trust: ' Curren# Taxes, Fees and Cha�ges. Upon reques� by Lender, Trus�or sha[I execute such dacumenfis in addi�ion �o this Deed o�Trust and take whateWer other action is requested 1ay Lender�a perfec� and continue Lender's �ien on the Real Property. Trus-��r shall reimburse Lender for- all fiaxes, as described helvw, �ogethe�- with all exp�nses incurred in rec�rdin�, per�ect�ng ar con�inu�ng fihis Deed ❑f Trust, in�luding without limitat��n all taxes, fees, dacumentary stamps,and other charges�or recording ❑r regis�ering fihis Deed ❑f Trust. Taxes. The �allawing shall consti�u�e �axes ta which �h�s section applies: �� a specific �ax upon �his type vf Deed ❑fi Trus� or upon al[ or any par� o��he �ndehtedness secured by this Deed ❑f Trus�; ��} a specific �ax ❑n Trustor which Trus�vr is authorized vr required t❑ deduc��from paymenfis on the Indebt�dness secured �y�his�ype of Deed ❑f Trust; {3� a�ax on�khis�ype ❑f Deed ofi Trus�chargeahle against�he Lend�r or the ho[der❑f�he Na�e; and �4} a spec��ic�ax�n all or any par�ivn ❑f the lnde��dness o�vn payments ❑f prin�ipal and int�rest made by Trustor. Subsequent Taxes. l� any tax t❑ which fihis sec�ion appl�es is ena��ed subss�uent �o the da�e o� �his Deed ❑� Trust, �his e�en� shafl ha�e �he same effec� as an Event v�F Default, and Lender may exercise any ❑r all o� i�s a�ailab[e remedies for an E�en� af D�faul� as pro�ided below unless Trustor either {1� pays �he �ax he-�ore i� becomes delinquenfi, or {Z� �on�ests �he�ax as pra�ided abv�e in �he Taxes and Liens secfiion and depasits wi�h Lender cash ar a suf�icient ca�porate sure�y bond flr ather securi�y satisfiact�ry to Lende�-. � SECURITY AGREEMENT; FINANCING STATEMENTS. The �ollowing pro�isions relafiing to this Deed �� Trust as a securi�y ag�e�men�are a part❑�this Deed ofi Trus�: � Securi#y Agreemen�. This ins�rument shall consti�ute a Securi'�y Agreemen� to the extent any ❑f the Property constitutes fixtures, and Lender shall ha�� all ❑fi fihe rights of a secur�d parfiy under the Unifvrm Commercial Code as amended�rom time�v�ime. Securi�y Interest. Upon request �y Lender, Trustvr shall �ake whatever actian is requested 1�y Lend�r to perfect and continue Lender's se�urity inter�st in �he Rents and Persanal Proper�y. ln addition �a recording this Deed of Trus� in �the real praper�y records, Lender may, a� any �ime and wifihout fur�her authoriza�ivn �r�m Trus�ar, file exe�u�ed coun�erpar�s, copies ar �epr�du�tians of this Deed vf Trust as a �financEng s�a�emen�ti. Trustfl�' shall �-eimburse Lender for al� expenses incurred in perfecting �r con�inuing this security interest. Upvn de�ault, Trustor shall no� r�ma�e, se�e�r ar defiach �he Personal Property�from the Prvperty. Upon de�Faul�, Trustar shall assemlale any Pe�sanal Praperty not a��ixed to the Prpperty in a manner and at a p�ace reasvnably con�enient�o Trus�ar and Lender and make �t a�ailable �o Lender wi�hin �hree �3� days af�er receEpt o� written demand frvm Lender t� the extent permitted by applicable law. Addresses. Th� mai[[ng addr-esses of Trus'�or �debtor} and Lender �secu�ed party� from which informa�ian concerning �he se�urity interest granted by �his Deed ❑�f Trus� may be vb�a�ned �each as required by�he Unifvrm Commercial Code� are as sta�ed on�he first pag�of this Deed of T�-ust. FURTHER A55URANCES; ATT�RNEY-�N�FA�T. The �ollowing proWisions rela�ing �❑ �urther assurances and at�vrney-in-�act are a part❑�th�s Deed o�F Trust: Further Assurances. A�k any�ime, and �rom time to �ime, upvn request of Lender, Trustor wil� make, execute and deli�er, ❑r will cause�❑ b� made, executed ❑r deli�ered,�❑ Lender or�o Lender's desEgnee, and when reques�ed by Lender; cause to be filed, recvrded, refiled, or rerecorded, as �he case may be, at suGh times and in such v��ic�s