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��15�3�15 , ; �EEa oF TRusT Loan No: 7�'1�8562� tCant��ued} Page 5 CDNDEMNATi�N. The�o�lowing pro�isions re�ating�o condemnation praceedings are a part o�this ❑eed of Trust: Proceedings. 1� any p�-oceeding in condemnatEon is filed, Trus�vr shall promptiy no�ify Lender in writing, and Trus�ar shall promp�ly tak� su�h s�eps as may he necessary to defend the ac�ion and ob�ain the award. Trustar may be the nvminak party in such p�aceeding, but Lender shall �e entitl�d to participate in the prviceeding and tv be represented in the proceeding by counsei of its ❑wn choice, and Trusto�r will deli�er ❑r cause t� be deli�ered tv Lender such insfiruments and dv�umentatian as may be requested by Lender from time t� time t❑ permi� such participa�ion. Application vf Ne#Proceeds, lf alf or any part v�F the Prvper�y is condemned by eminent domain proceedings or t�y any proceeding or purchase in lieu of condemna�ion, Lender may at its election �equire that all or any po�-tivn of the net proceeds ot the award be app�ied t� the Indebtedness or the repair or restvration ❑f the Proper�y. The net proceeds of the award shall mean�he awa�-d after payment o�all reasonable costs, expenses, and att�rneys' fees �ncurred by Trustee or Lender in connection with�he condemna�ion. IMP�SITIDN DF TAXES, FEES ANa CHARGES BY GaVERNMENTAL AUTH�R1T1E5. The foi�owing pra�isivns relatFng to go�ernmental taxes,�ees and charges are a part❑f this Deed ❑f Trust: Current Taxes. Fees and Charges. Upon reques� by Lender, Trusfior shal! execute su�h dv�umen�s in additivn t❑ this Deed a�Trust and take whate�er❑fiher ac�ion is requested by Lender t❑ per�ect and continue Lender's lien on the Reai Prvper�y. Trus�vr shalf reimburse Lender �far all taxes, as described below, together wi�h all expenses incurred in recording, pe�-�Fecting vr cvntinuing fihis ❑eed �f Trus�, including wi�hvufi limi�a�ion ail taxes, fees, documenfiary stamps, and❑ther charges fvr recording o�registering fihis Deed of Trust. Taxes. The fvllowing shall cons�i�u�e �axes to which �this section applies: �'�� a speci�ic tax upon this �ype of ❑eed ❑�f Trus� ❑r upan al� ❑r any part of�he Indeb�edness se�ured by this Deed a#Trus�; {�� a speci�ic tax an Barrower which Borrower is au�horized or required to deduc� �ram payments ❑n the Endebtedness secured by�his �ype of Deed ❑f Trust; {3} a tax vn this�ype ❑� Deed vf Trust chargeable a�ainst the Lend�r or�he holder❑fi the Na�e; and 44� a speci�ic tax �n a!! or any portion ❑�f�he �ndeb�edness vr nn paymen�s of p�-incipal and interes� made hy Bvrrower. Suhsequent Taxes. I� any tax tfl which this sectivn applies is enacted subsequent to the date of this Deed vf Trusfi, this e�en� shall ha�e the same effect as an E�ent ❑�F Defaul�, and Lender may exercise any or all of its a�ailable remedi�s �v�- an E�ent a� Defaul� as pro�ided below unless Trusfior either {'�� pays #he tax hefore ifi be�ames delinquen�t, or �2} cvntests �he�kax as pro�ided aho�e in�the Taxes and Liens s�ction and deposits with Lender cash or a su#ficient cvrpara�e surety bond❑r other securi�y satisfactory to Lender. SECURITY AGREEMENT; F�NANCING STATEMENTS. The �o1lowEng pro�isions re�ating tv this ❑eed of Trust as a security agreement are a part of fihis Deed vf Trust: 5e�urity Agreemen�. This inst�ument shall cvnstifiute a Security Agreemen� �❑ the extent any ❑�f �h� Property constitutes fixfiures, and Lender shalf ha�e all ❑�the righ�s o�a secured par�y under�he Uniform Cammer�ial Code as amended fram time to time. 5ecurity In�erest. Upvn reques� by Lender, Trustor shall take whate�er action is requested by Lender to per�ecfi and cvntinue Lender's security interest in the Renfis and Persanal Property. ln additian fio recvrding this Deed of Trust in the real property re�ords, Lender may, at any �ime and without fur�her auth�ri�ation �rom Trustor, file execufied caunterparts, �opies or reproduc�kians ❑f this aeed of Trusfi as a financing s�tatement. Trustvr shaE� rgimburse Lender-far all expenses incurred in perfe�ting vr cvntinuing this securEty int�rest. Upon default, Trustor shall nafi remv�e, se�er or de�ach the Persona� Praper�y fram �he Property. Upvn defaurt, Trus�or shall assemble any Personal Proper�y not a-��ixed�to the Property in a manner and at a place reasonably con�enient t❑Trust�r and Lende� and make tt a�ailab�e �o Lender wi�hin �hree �3} days after receipfi ❑fi written demand �rom Lender tv the extent permitted by appli�able law. Addresses. The mailing addresses vf Trustor �de�tor} and Lender �s�cur�d party� from which infarma�ion cvncerning the security interest gran�ed by this ❑eed ❑f Trust may k�e ❑btained �each as required 1oy fihe Uniform Commerciaf Cade� are as sfiated an the�irst page of this Deed o�Trust. FURTHER A55URANCES; ATTDRNEY-IN-FACT. The �ollowing pro�isivns re€ating �o fur'�her assurances and attorney-in�fact are a par�❑�F�his Deed o�Trust: Further Assurances. A� any time, and fr�m time ta�ime, upon request o� Lender, Trus�or wili make, execute and deEiver, ar wiE� cause to be made, executed ar de�i�e�ed,�o Lender or�v Lender's designee, and when requested by Lende�-, �ause to be �iled, recorded, refiled, or rerecorded, as the case rnay be, at such t�mes and in such affices and places as Lender may deem apprapriate, any and a�� such mor�gages, deeds of trust, security deeds, security agreements, financing sta�ements, con�inuation sta�ements, ins�rumenfis af turther assurance, cer�ificates, and ❑ther dacuments as may, in�he sale opinion of Lender, be necessa�y❑r desirable in ❑rder ta e�fectua�e, comple�e, per�fect, continue, ❑r preser�e {'i� Borrower's and Trustor's abliga�ions und�r the Na�e, this Deed vf Trust, and the Rela�ed ❑acuments, and �2� the liens and se�uri�y interes�s created by�his Deed a#Trust as firsfi and pr�or liens vn the Proper�y, whether now owned ❑r hereafter acquired by Trustor. Unless prahibited by law or Lender agrees to the contrary in wrifisng, Trustvr shalf reimburse Lender far all cas�ks and expenses in�urred in connec�ian with the matters re�e�r�d to in�his paragraph.