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��15�5885
<br /> QEE[3 �F TRIJST
<br /> Laan No: 1���8919� ��o�tt��lu�d} Page 5
<br /> participation.
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<br /> Applicatian�f Net Proceeds. [�ali �r any part of the Prop�rty is condemned by eminent domain pro�eedings or by
<br /> any proceeding or pur�hase in li�u of c�nd�mnation, Lender may at its�lectian require�hat all�r an}r por�kion ��the
<br /> net proceeds of the award be applied t� the lndebtedness or the repair or rest�ration of the Praperty. The net
<br /> praceeds af the award shall mean�he award after payment of alI reasonable costs, expenses, and at��rneys' �Fees
<br /> incurred by Trustee ar Lender in c�nnect�on with the candemnafion.
<br /> �MP�SITI�N �F TA�CES. FEES AND CHARGES BY �UVERIVIV�ENTAL AUTH�R�TIES, The fvllowing provfsEans relating
<br /> tv go�ernmen#al taxes, fees and chargss are a part❑f this Deed of Trust:
<br /> �urren� Taxes, Fees and Charges. Llpan request by Lender, Trustar shall execute such da�umen�s in addition ta
<br /> this Deed flf Trust and take wha�ever other action is requesfed by Lender to perf�ct and continue Lender's lien on
<br /> the Rea� Praperty. Trustar shal� reimburse Lender �Fvr all #axes, as described b�low, together with all expenses
<br /> inGurred in re�ordingr perfecting or continuing this Deed of Trust, including without lirni�ation alf taxes, fees,
<br /> dacumentary s�amps,and❑ther charg�s for recording or registering this Deed of Trust.
<br /> Taxes. Th� fol�owing shall constitute �axes �to which �his sectian applies: t 1� a specific �ax up�n this type of
<br /> ❑eed vf Trust vr upon a!l ❑r any part vf the �ndeb�tedness se�ur�d k�y this Deed of Trust; ��y a spe�i�ic tax on
<br /> Trustor which Trustor is�uthorized vr required tv deduct�rorn payrnents�n the Indebtedness seGured by this#ype
<br /> of Deed of Trust; {3} a tax on this type of Deed af Trust chargeable against the Lender or�he hvlder of the Nate;
<br /> and �4� a specifi�tax vn a11 ar any portion ��th� �ndebtedness or on payments of principal and interest made by
<br /> Trustar.
<br /> �ub�equ�nt Taxesa ff any tax ta which this sec#ion applies is ena�t�d subsequent fio the date of this Deed of
<br /> Trus�, �his even� shall have the same effect as an Ev�nt of ❑efault, and Lender may exercise any ar all af its
<br /> avai[able remedies far an Event of Default as provided belovu uniess Trus�or eifiher {�� pays the tax bef�re it
<br /> becomes delinquent, or �2y contests the tax as provided ahoWe in the Taxes and Liens section and depasits with
<br /> Lender cash vr a suffici�nt corporate surety b�nd or other s�curi�y satisfactory to Lender.
<br /> S�CURITY AGREEMENT: FINANCING STATEMENTS. The fvllo`ruing provisians rela�ing to this Deed af T�ust as a
<br /> security agreernen�are a part of this Deed of Trust:
<br /> �ecurity Agreement. This instrum�nt shall �ons�itute a 5ecurity Agr�ement to the extent any of the Propsrty
<br /> constitutes fixtures, and Lender shali ha�e all o�the rights of a secured party under�he UnifQrm Commercia� Code
<br /> as amended fram time tv time.
<br /> 5e�urity Intereste lJpan requ�st hy Lender, Trust�r shall �ake whate�er action is requested by Lender to perfect
<br /> and cantinue Lender's se�urity interest in the Rents and Per�anaE Property. In add�tian to re�vrding this De�d of
<br /> Trus� in the real prvperty recvrds, L�nder ma�r, a� any time and without further authori�a�ion frorn Trustor, file
<br /> executed count�rparts, copies or reproductians of this Deed vf Trus� as a financin� stafement. T'rustor shal!
<br /> reirnburse Lender far all expenses incurred in perfe�ting or continuing this security int�rest. Up�n defaul�, Trustor
<br /> shall nat rernoWe, seWer or detach th� Persanaf Property from fihe Prop�rty. Upon d�fault, Trus�or shall assemb[e
<br /> any Personal Property not a�ffixed ta th� Property in a manner and a�a place reas�nabl��anWenient to Trustor and
<br /> Lender and make it a�aifahle to Lend�r v�rifihin three t3y days afiter rece�p� af written demand f�-om Lender t❑ th�
<br /> extent p�rmitted by appli�able law.
<br /> Addr�sses. The mailing address�s af Trustvr {debt�ry and Lender �secured par�ty} from which informativn
<br /> cancerning �he securi�ty interes� granted by this Deed of Trust may be abtained �each as required by the LJniform
<br /> CarnmerGial Cade} are as stated on the�irst page of this ❑eec!of Trust.
<br /> FURTHER ►ASSURANGES; ATT�RNEY-IN-FACT'. The fo�lowing prvvisions r�lating to �Fur�her assurances and
<br /> a�torney-in-fact are a part❑f this Deed af Trust:
<br /> Further Assurances. At any t�me, and frorn tim�to time, upvn request �f Lender, Trustor will rnake, �x�cu�e and
<br /> deliWer, �r will cause t� be made� exe�uted ❑r de3ivered,ta Lender or to Lender's designee, and when requested �y
<br /> Lender, cause �a be �fifed, recorded, refiledr ar rereco�'ded, as the cas� may be, at su�h times and in such offi�es
<br /> and plac�s as Lender may�eem apprvpria�e.�any and alI such mortgages, deeds af trus�, security deeds, security
<br /> agr�ements, �inancing statements, continua�ian sta�ternents, instruments o� further assuran�e, cer�ificates, and
<br /> other documents as may, �n the sole apinion af L�nder, be necessary ar desirable in order to�ff�c�uate, complete,
<br /> perfe�t, continue, or preserve (1} Trustor�'s abligations under the IV�te, this Qeed of Trust, and th� Reiated
<br /> ❑ocuments, and �2� the liens and securifiy interests created by this ❑eed of Trust as f�rst and priar liens vn fihe
<br /> Pr�perty, whe�her n�w owned ❑r h�r�af�er acquired by Trustar. Unless prahibit�d by iaw or Lender agrees�a the
<br /> c�ntrary in wri�ing, Trustor shal� reimburs� L�nder for all C45�5 and �xpens�s incurred in �onnection wi�h the
<br /> matters reterred to in this paragraph.
<br /> Attorney�in-Fact. I�f Trustor fails ta do any of the things referred ta in the preceding paragraph, Lender may do so
<br /> for and in the name of Trustar and a�Trust�r's �xpense, For such purpases� Trustar hereby irre�ocably appoints
<br /> Lender as Trus�ar"s att�rney-in-fa�t for the purpose of making, �xecutin�, de{i�ering, filin�, r�cflrding, and daing all
<br /> ather things as may be ne�essary or desirabfe, in Lender's svle opinion, �o accomplish �he rnatters referred �o in
<br /> �he preceding paragraph.
<br /> FULL PERFaRMANCE. 1�Trustor pays all the �ndebtedness, including wi�haut fimitation all�uture advances, wh�n due,
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