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��15�57�8 �EE[� �F TRUST Lvan No; 'i�7��g�98 �Cantinued} Page 4 LENDER'S EXPENDfTURES. lf Trustor fails {A� ta keep the Prvperty free of all taxes, IIEC75� securi�y interests, �ncumbrances, and other claims, �g� ta prv�ide any required insuran�e❑n�he Pr�perty; ar {C} ta make repairs fi❑the Proper�y then Lender rnay do so. lf any actian or proceeding is comrnenced tha�t virould materiaEly a�f�ct L�nder's 'tnterests in the Prvper�y, fihen Lend�r on Trustar's hehalf may, but is not required to, �a�e any actian tha� Lender belieWes to be apprapriate to prvtect Lender's interests. All expenses inGurred ar paid by Lender t�r such purposes will �then bear inter�st at the rate charg�d under the Nat�from th�date incurred ar paid by Lender�❑�the date of repaymen� by Trustvr. All such expenses wili become a part vfi the lndebtedness and, at Lender's vptian, will [A} be payable on demand; {B} be added to the i�afance �� the N�te and be appv�tianed among and he payabfe with any installment payments t� becvme due during either {�7 the term ❑f any applicable insurance policy; or �2} the remaining terrn af the IUote; or {Cy be�reated as a ba�l�on payrnen�which wi�� be due and payable at the N��e's mafiurity. The Deed of Trust also will se�ure payment of these amaunts. Th� righ�ts pro�ided�For in this par�gr�ph sha[� be in addi�ion�o any other rights ar any remedies to which Lender may be en�itled on accoun� ❑f any defauEt. Any such a��i�n by Lender shali nvt be construed as curing the defauf�so as to bar Lender fram any�ernedy�hat it a�herwise would ha�e had. WARRANTY;DEFENSE OF TITLE. The foflowing provisions relafiing fio❑wnership❑#the Proper�y are a par�of this Deed ❑f Trust: Title. Trust�r warrants that: �a} Trustar hords gvad and markefiable�itle of recard �o the Praperty in fee sEmpfe, free and clear of all liens and encumbran�es other than thase se� for�h in the Real Prvperty descrip�ion or �n any �i�le insurance policy, title repart, �r final ti�le opinivn issued in fa�ar of, and a�cepted by, Lender in connectian with�his ❑eed of Trust, and {by Trustor has�he full righf, �ower, and au�hority to execu�e and deliWer this ❑eed vf Trus�t ta Lender. Defense of Title. 5ubject�to the excep�ion in the paragraph aba�e, Trustor warrants and vvill fore�er detend the titke to the Property against the lawful ciaims o�all persons. 1n the ��ent any a��ion ❑r pra�eeding is commenced tha�ques�ions T�ustor's titfe❑r the interes�o#Trustee or Lender under this Deed �f Trust,Trustar shall defend the action afi Trustar's expense. Trustor may be the nominal party in su�h prvGeeding, 1�ut Lender shaf� be entitied to participate in the proceeding and to be represen-t�d in fihe prviceeding by counse� ❑f Lender's own choice, and T�-usfiar wi�l de[i�er, or caus�ta be defiver�d, �o Lender such ins�kruments as Lender may request�Frvm fiime�o�ime to permit suGh participativn. Compliance 1lU��h Laws. Trustor warran�s �hat the Praperfy and Trustor's use of the Prvperty camp�ies with all ex�sting applicable laws, ❑rdinances,and�-egulations ofi governmental authorities. Sur�ival of Pr�mEses. A1� promises, agr�ements, and staternents T�ustvr has made in fihis Deed ❑f�Trus� shall su�vi�e�the execution and deli�ery vf�his ❑eed v#Trust, sha[I be cvntinuing in nature and shall remain in tuf��arce and ef-�ect until such time as Trus�or's�ndebtedness is paid in�ufl. C�lVI3EMNATI�N. The follawing pro�isions relating ta�vndernnafiion proc�edings are a part of�his ❑eed vf Trus�: Proceedings. if any proceeding in condemna�ion 'ts fifed, Trus�or shall prampt[y nati�y Lender in wri�ing, and Trustor sha�� pramptly tak� su�h s�teps as may be necessary�a defend the ac�ion and obtain �he award. Trus�or may be the nominal party in such proceeding, but Lender shalE be entitied t� parti�ipate�n the praceeding and�a be represented in the prv�eeding hy counsel o� i�Cs own chai�e, and Trusto� will deli�er ❑r �ause to be deli�ered �o Lender such instruments and dacurnen�a�ion as rnay be requested by Lender from time tv �ime �a permit su�h par�icipation. Application v�Ne#Pra��eds. If all ar any part��the Property is condemned by eminent domain praceedings flr by any proceeding or pu�chase in lieu vf condemnation, Lender may at its electi�n r�quire that all ar any portivn of�he ne� proceeds ofi the award be applied ta the lndebtedness ar �he repair ar restora�ian of �he Proper�y. The net pro�eeds ❑�the award shall mean the award after paymen�of alf reas�nahle casts, expenses, and attorneys' fees incurred by Trus�ee❑r Lender in cannection with the condernnation. IMPaS�T1�N �F TA�CES. FEES AND CHARGES BV G�VERNMENTAL AUTH�RITlES. The fo��owing pro�isions rela�ing ta go�ernmental taxes,fees and charg�s are a par-k nf-�his �eed of Trus�: Gurren#Taxes, Fees and Charg�s. Upon reques� by Lender, Trustor sha�l e�tecute such documen�ts in addition to �his ❑eed of Trust and take wha�e�er o�her action is �equested by Lender�❑ perfect and con�inue Lender's l�en on �he Rea� Property. Trustar sha�� reimburse Lender far a1! taxes, as described belavv� toge�her w�th all e�pen�es in�urred in recording, perfecting or continuing this Deed of Trus�, in�luding without ��mitation all taxes, fees, do�urnentary stamps, and�ther�harges��r re�ording❑�registering this�eed❑�Trust. Taxes. The �of lowing shall constitute taxes �o which this section applies: �� a specific tax upan this type of Deed of Trust vr upon a�� ❑r any parfi o�the lnd�htedness secured by this aeed ��Trust; �� a spe�ific tax �n Trustvr whi�h Trustor is authorized or requir�d t❑deduct frvm payments on the Indehtedness se�ured by this type o�Deed❑f Trust; �3} a�ax on this�ype vf aeed af Trust chargeaE�[e against th� Lender or�the hvlder a�the Nafie; and �4� a specific tax on a!i or any partion at th� lndebfiedness ar on payments ❑�principaf and in�erest made by T�rustor. 5uhsequent Taxes. If any tax to which this se��ion applies is ena�ted subsequent to �Che da�Ce of�Chis ❑eed o� Trust, this e�ent shall have the same effect as an E�ent of Defaul�, and Lend�r may exe��ise any ❑r al� vf i�s available remedies for an E�ent vf Defaul� as pro�ided below unless Trus�ar either {'1_} pays the �ax befare it �ecornes delinquent� or {�} confies�s�he tax as pro�ided abv��in�he Taxes and Liens section and depvsifis with