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��15�5189
<br /> � �EE� �F TRLJ�Y
<br /> Loan No: 'I�'1�8��47 {���tinued} Page 5
<br /> No IVlodificafiion. T�ustor shaif nvt enter into any agreement With �the holder af any rnvrtgage, deed ❑f trust, or
<br /> other se�urity agre�m�nt whi�h has priarity o�er this Deed of Trust by which that agreement is modified.
<br /> amended, �xtended, or renewec! without �th� prior written �onsent �f Lend�r. Trustor shall n�ither request nor
<br /> accept any future advances under any such se�urity agreement without�he prior written cons�n�of Lender.
<br /> C[]NDEMNATION. Th�f�l�otirving p�a�isians relating ta condemnativn proceedings ar� a part❑fi this Deed of Trust:
<br /> Prv�eedings. I� any proceeding in c�ndemnati�n is fi[ed, Trustar shall promptfy n4tify Lender in writing, and
<br /> Trustor shall prvmptly take su�h steps as may �e necessar�r to de#end fihe ac�ion and abtain the award. Trustor
<br /> may be the naminal party in such proce�ding, �ut Lender shall be entitled tv participa�e in the proceedin� and to be
<br /> represented in �he proceeding by counsel of its own choice, and Trustor wi[[ deliver or cause to be �eli�ered tv
<br /> Lender such instruments and documentati�n as may be requested by Lender frQm time to time to permit such
<br /> participation.
<br /> Appii�atian of Nefi Proceeds. lf all vr any part af�he Praper#y is�ondernned �y erninent domain proceedings ar by
<br /> any proceeding �r purchase in li�u of condemnatian, Lend�r may at its elec�ion require that all❑r any partion o�the
<br /> nefi pra���ds of th� award be app�ied t� th� Indebtedness or �the repair or restoration of the Prop�r�y. The net
<br /> prviceeds vf the award shall mean the award a�ter payment of all reasonable costs, expenses, and attorneys" fees
<br /> incurred by Trus�ee or Lender in connection w'tth the candemna�ion.
<br /> �MP�51T1�1V �F TAXES. FEES AIVD CHAI�GES BY GOI�ERNIVIENTAL AUTH�RITIES. The following pr��isfons refating
<br /> ta�avernmental�taxes, fees and charges are a part af fihis ❑eed�f Trust:
<br /> �urrent Taxes, Fees and �harges. Upon request by Lender, Trustar shall execute such documents in addifiian to
<br /> this ❑eed ofi Trust and talce whate�er❑ther acti�n is requested by Lender to perfect and �ontinue Lender's Iien on
<br /> the Real Property. Trustor sha[I reirnburs� Lender for all taxes, as des�rib�d belaw� �ag��her wifh a[I expenses
<br /> in�urred in recarding, per�ecting ar c�ntinuing this Deed �f Trust, in�luding withaut limitation all taxes, fees,
<br /> documentary stamps, and other�harges for recording or registering this Deed�f Trust.
<br /> Taxes. The following shal� constitute taxes to which this sec�tian appli�s: �1� a speci��c tax u�on this �ype af
<br /> Deed of Trust or up�n al! or any par� vf the lndebtedness secured hy this �eed of Trust; �2f a speci�Fic tax an
<br /> Trustor which Trust�r is authorize�i or r�quired�a d��uc�from payments ❑n�he Indeb�edness sscured by this �yp�
<br /> of Qeed a�Trust; {3� a�ax an this type of❑eed of Trus#chargeable against�he Len�er or the holder of the Note;
<br /> and �4] a specific�ax❑n al� or any pflrfion❑f the fndebtedness ar an payrnents af principaf and interest mad� by
<br /> Trustor,
<br /> 5ubsequenfi Taxes. �-f any tax tv whi�h this section applies is enactsd su�sequent tv the date of this Deed of
<br /> Trust, �this event shafl ha�e the same e�fect as an Event of ❑efauit, and Lender may �xe�cise any ❑r all of its
<br /> av�ilabl� remedEes for an Evenfi of [7��Fault as provid�d bel�vv unless Trustvr either �1 y pays the tax befvre it
<br /> be�amss delinquen�, ar �2} con�ests the tax as pro�ided aba�� in the T�xes and Liens sectivn and deposits with
<br /> Lend�r�ash or a su�ficient corporate surety bond or other securi�ty satisfa�tary t� Lender.
<br /> SEC�RITY AGREEMENT; FfNANC�NG STATEMENTS. The �ollowing provisions relating t� this Deed of Trust as a
<br /> security agreement are a part afi this Deed of Trust:
<br /> SecurEfiy �4greemen�. This instrument shall cons�itute a 5e�urity Agreement �a �he exten� any of the Praperty
<br /> constifu�es fixtures, and Lender shafl have ail o�F the rights of a secured party under the Uniform �amrnercial C�de
<br /> as amended f�om time to time.
<br /> Security infisrest. Upon request by Lsnder, Trustor shall talce uUhate�rer act�on is reques�ed by Lender to perfect
<br /> and c�ntinue Lender's securi�� interest in fhe Rents and Persanal Property. In addition �o recordsng this Deed of
<br /> Trus� in the r�al property records, Lender may, at any time and withvut further autharizativn from Trustor� fil�
<br /> executed �ounterparts, ��pies or repraductions of th�s ❑eed of Trust as a financing staternent. Tr�stor shall
<br /> reimburse Lender �or all expenses incurred in perfec�ting �r con�inuing th�s security interest. Upan default, Trustor
<br /> shall not remv�e, se�er ar deta�h the Fersona! Praperty fram the Property. Upon d�fault, Trustor sha[I assemble
<br /> any Persanal Property nat affiixed to the Proper�y in a rnanner and at a place reasonably con�eni�nt to Trustor and
<br /> Lender and make it available to Lende� within three {3� �ays after receipt a�F written demand frvm Lender ta �he
<br /> extent permitted by applicable la►nr.
<br /> Addresses. Th� mailin� address�s ❑f Trust�r �debtory and Lender �s�cured party} from which in�ormati�n
<br /> cancerning the security interest granted by this Deed vf Trust may ae vb�ained �ea�h as required by �ha Uniform
<br /> �ornm�rcial Codey ar�as stated on the first page❑f this Deed of Trust.
<br /> FURTHER ASSURANCES: ATT[]RNEY-�IN-FACT. The follawing pro�isions relating t� further assurances and
<br /> at#vrney-in-fact are a par�vf this Deed of Trust:
<br /> Furfher Assurances. At any time, and �rvm time to �time, upan request of Lender, Trustor rrvi�l make, execu�ke and
<br /> deli�er, �r will�ause to be m�d�. exeGuted �r deli�ered,to Lsnder or to Lender's designee, and when re�uested by
<br /> Lender, causa tv be filed, rec�rded, refi�ed, or rerecorded, as the case may b�, �t such times and in such otfices
<br /> and places as Lender rnay de�m appropriate. any and a11 su�h mortgages, deeds �f trust, security deeds. security
<br /> agreements, fiinancing sta�ements, continuation statem�nts, ins�ruments af �urther assuran�e, certificates, and
<br /> ❑ther dvcum�nts as rnay, in the sole opinion❑f Lender, �e necessary❑r d�sirable in order to effectua�e, complete,
<br /> p�r�ect, continue, ar pres�r�e ��� Trustor's abfigativns under the Note, this ❑eed ❑� Trust, an� the Related
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