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��15�1�5� �EF� �F TF�UST Lvan No: 'i��4273 �C�ntlnue�} �age 4 Comp�iance wi�h Exis�ing Indebtedness. During the period in which any Existing Indeb�edness descri�ed below is in �ffect, compliance wi�h fihe insurance praWisions contained in the instrument e�idencing such Exis�ting lndebfiedness shall consti�u�ke �ompIiance wi�h the insurance pro�isions under this ��ed af Trust, t❑ fihe ex�tent compliance wi�h the �erms v�this L�eed a�F Trust would canstitute a dupli�ation ❑f insuran�e requirement. �f any " proceeds �from �he insu�an�e hecome payab�e ❑n loss, the pro�isions in this Deed ❑f Trusfi�ar di�ision o-�p�oceeds sha[1 app�y only to that partion of the p��c�eds nat payable to�he ho�der❑�the Exis�ing Indebtedness. � LENDER'S E�PENDITURES. i� Trustor fails �A} �� keep �he Prvper�y �re� of all �axes, liens, security interes�s, encumbrances, and vther �la�ms, �6� �o pro�ide any required insurance an the Praper�y, {C� -�o make repairs t❑ �he Prvperty or tv �omp�y wi�h any ❑bliga�ion to maintain Existing Ind�btedness in govd standing as r�quired be�ow, then Lender may do so. If any action �r proceeding is commenced that wou�d materialIy a�ffect Lender's �n�erests in the Property, �hen Lender on Trus�ar's behalf may, but is na� required �a, take any ac�ion that Lender b�lie�es �to be appropriate �o pro�e�t Lender`s interesfis. All expenses incurred ar paid by Lender fivr such purposes w�i� �hen bear in�erest at �he rate charged under �he Na�e fram the da�e incurred ❑r paid by Lender to �he date a� repaymen� by Trus�or. AlI such expenses will be�ame a par� of the Indebtedness and, a� Lender's apfiion, will �A} be payable on demand; {B� be added �k❑ the balan�e ot �he Nate and �e apportianed amang and be payahle with any installment � payments ta became due during ei�her {�� th��erm of any applicabie insurance poficy; ❑r {2} th� remaining�erm a� the No�e; or {C} be �rea�ed as a �a�Fo�n payment which wi�� be due and payahle at�he Nate's maturity. The Qeed o� � Trust aiso will secure paymenfi❑�F these amaunfis. The righfis praWided for in �his paragraph shall be in addifiian to any ❑�her righ�s ❑r any remedies to which Lender may be en�it[ed an accaunt af any defau[�. Any such ac�ian by Lender � shall nv�be consfirued as curing�he de�aul�sa as�o bar Lender�rom any remedy that st vfiherwise would ha�e had, 11�JARRANTYr DEFENSE�F TiTLE, The�allvwtng prvvisivns relating to ❑v+inership af the Prvper�y are a part❑f this Deed a�Trus�: � Title. Trus�or warrants -�hat: �a} Trustor hoZds goad and marke�ahle titie ❑f recard �❑ the Property in �ee simple, firee and �lear o� all liens and encumbrances �ther �han those set �forth in the Real Prvperty des�riptian �r in the Existing lndebtedness sectian 1�elow ar in any�itle insurance policy, ti�le repart, or final�i�le ❑pinivn issued in�a�or ❑f, and accepted by, Lender in Gonnection wzth this Deed of Trus�, and �b} Trustvr has fihe full right, pawer, and au�harity tv execute and deli�er fihis ❑eed of Trust fiv Lender. ❑e�fense v�Tit�e. Sulajec��v fihe exc�ption in the paragraph aboWe, Trustor warrants and will ��reve� defend �he title to �he Property agains�the lawful claims �f all pers�ns. ln the e�en� any actian or prviceeding is commenced �ha�questions T�-ustor's title or�he interest of Trus�ee or Lender under this ❑eed of Trust, Trustar shall defend�he � action at Trust��-'s expense. Trustar may be the naminal party in such proceeding, but Lender shall be entitled to par�icipa�e in the proceeding and �ko be represen�ed in �he prQceeding 1ay counsel ❑f Lender's own choice, and Trustar will deli��r, or cause tv be de�i��red, fia Lender such ins�rumen�s as Lender may reques�fram�ime to�ime � to permit such parti�ipa�ian. Campifance W�th Laws. Trustor wa�-ran�s tha� the Property and Trusfior's use ❑f the P�-�per�y complies wi�h al[ exisfiing applicah�e laws, ordinances, and regulations o��a�ernmen�al author-ities. 5urv�val o�f Prvmises. All pramises, agreem�nfis, and s�afements Trus�or has made in this Deed a� Trust shal� sur�i�e�he executi�n and deli�ery ❑��his Deed of Trust, shall�be con��nuirig in nature and shall r�main in fu�l-�or�e and ef�ec�untiC such�ime as Trus�or's Indelatedness is paid in�full. • E�iST[NG 1NDEBTEDNESS. The fa[��wing prv�isians Goncerning Exisfiing lndeb�edness are a part v�this Deed❑f Trust: Exis�ing L�en. The �ien ❑f thEs Deed af T�-ust securing �he.[ndebtedness may be se�andary and inferivr fi❑ an exisfi�ng lien. Trus�ar expressly co�enants and agrees�to pay, ar see to the paymenfi�of, the Existing �ndebtedness and to preven�k any default on such indebtedness, any defau€�under the instruments e�idencing such indebtedness, �r any defau�t under any securifiy documents�or such indehtedness. No iVlodifi�afion. Trus�ar shall nat en�er in�❑ any agreement w�th the hvider o� any mortgage, deed ❑f trust, or ofiher security ag�eement which has privrifiy over �his ❑eed af Trus� by which fihat agreemen� is modified, , amended, extended, or renewed withou� the prior written consen� o� Lend�r. Trus�ko�- shall nei�her reques� nvr accepfi any�uture ad�ances under any such se�urity agreement withou�the prior written cans�nt of Lender. C�N�EMNATI�N, The�al�owing pro�isivns refafiing to candemna�ion p�-oceedings are a part a�fihis Deed of Trust: Prv�eed�ngs. [� any praceeding in cvndemna�ion is �iled, Trus�ar shalf promp�kly nvfiify Lender �n writing, and Trus�or shalf prvmpt�y�ake suGh steps as may be necessary�❑ defend the actian and vbtain the award. Trus�ar may be�the naminal party in such praceeding, but Lender shal[ be entitled tv part�cipate in the proceeding and to be represented in the proceeding by counsel ❑� �ts own chaic�, and Trustar wi1� deliver ar cause to be def i�ered �❑ Lender such ins�rumen�s and da�umen�a�ivn as may be requested by Lender from tim� to fiime t❑ permit su�h , participatian. � Appl�ca�iun af Net Praceeds. [f a�� or any part af the Proper�y is �andemned hy eminen�domain proc�edings ❑r by any praceeding ��purchase in lieu❑f c�ndemna�ion, Lender may at i�s ele��ian require that a�l ❑r any partivn o�fihe ne�t proceeds ❑-� th� award be applied �❑ �he lndebtedness ❑r the.repair or resto�ativn a� �he Proper�y. The n�� . proceeds af�he awa�d shal� mean �he award afte�payment of a!I reasonable costs, expenses, and atkorneys' fees incurred by Trustee❑r Lender in connec�ian wifih the condemna�ian.