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. ��15�5937
<br /> DEE� �F TRUST
<br /> ��ontinued� P�ge 4
<br /> proc�eds❑f the award shall rnean the award af�er payment of all reasonable casts, expenses, and at�arn�ys' fees
<br /> in�ur��d by Trustee ar Lender in cannectian v►rith the condemnatian.
<br /> 1MPDS1TIDN C]F TAXES, FEES AND CHARCES Blr' GDVERNMENTAL AUTHURfTIES. The following pro�isions re[ating
<br /> ta go�ernmental taxes,fees and�harg�s are a part of this Deed�f Trus�t:
<br /> Current Taxes, Fees and �harges. Upan request hy Lender, Trustor shall ex�cute such dacuments in addition to
<br /> this ❑eed of Trust and take wha�e�er o�her action is raquested by Lender t❑per�ect and cvntinue Lender's lien on
<br /> the Rea� Praperty. Trustvr shall r�irnburse Lender for ai� �axes, as described befow, tagether vvith all expenses
<br /> in�urred in recvrding, perfecting or cantinuing this ❑e�d vf Trust, including withvut fimitativn all taxes, fees,
<br /> do�umentary stamps, and o�her charges for recording or registering this Deed of Trust.
<br /> Tax�s. The fvllawing shall constitute taxes to which this section applies: �1} a specific tax upon this type of
<br /> Deed ❑f Trust ar upon all ar any part af the Indebtedness secured by this Deed of Trust; ��y a specific tax on
<br /> Trus�or which Trustor is authari�ed or required ta deduct from payments vn the Indebtedness se�ured by this typ�
<br /> vf ❑eed af Trus�; �3} a tax❑n this type of❑eed o�Trust charg�a�le agains�the Lender ar the holder o�f thfs Note;
<br /> and (4� a spe�ific tax❑n all or any partian�f the lnd��tedness ar on payments �f principal and in�erest m�ade by
<br /> Trusto�.
<br /> Subsequent Taxes. if any tax ta which this sectivn applies is enaGted subsequ�nt t❑ the date of this I�eed of
<br /> Trus�, this e�ent shali ha�� �he sam� effect as an E�ent of Default, and Lender may exercis� any or all a� Ets
<br /> a�ailable �emedies for an E�ent of Defau[t as pro�ided below unfess Trustor either {1� pays the �tax b�fiore it
<br /> be�ames d�linquent, vr {2� contests the tax as pro�ided a�ove in �he Tax�� and Liens sec�ion and deposits with
<br /> Lender cash or a suffici�nt corporate surety bond ar other security satisfa�tary to Lender.
<br /> 5ECLIRITY AGREEMENT; F�NANCENG STATEMENTS. The foi�awing pr��ision� relatin� to this De�d of Trust as a
<br /> security agreement are a par�t af this Deed❑#Trust:
<br /> 5ecurity Agreement. This ins�rument shall cans#itute a 5ecurity Agreernent to the exten� an� of the Property
<br /> canstitutes fixtures, and Lender shall ha�e all of the rights of a secur�d party under the lJniform Comrner�i�l Cade
<br /> as amended frvm time ta time.
<br /> 5ecurity Intgr�st. Up�n requesfi by Lender, Trustor shall take whate�er a�tion is requested by Lender�v ner�ect
<br /> and cvntinue Lender's security interest in the Rents and Personal Property. In additian t❑ re�ording this C�eed ❑f
<br /> Trust in th� real property re�ord�, Lend�r may, at any tim� and without further authorizati❑n �from Trustor, ��ie
<br /> executed counterparts, c�pies ar repraductions of this Deed �� Trust as a financing stafiement. Trustcr shai�
<br /> reimburse L�nder fvr all expenses incurred in per�ecting nr cvn�inuing this security in�erest. �pvn de�ault, Trusto�
<br /> shall nat rema�e, se�er or deta�h the Persvna� Property from the Property. Upvn defauft, Trustar shall assemb�e
<br /> any Personal Property not af�ixed tv the Prvperty in a rnanner and at a plaG� reasana�ly con��nient t�Trus�ar and
<br /> Lender and mak� it a�ailahle tv L�nder within three {3� days af�er reGeipt ❑f written demand �rom Lender tv the
<br /> ext�nt permitted by appli�able law,
<br /> Ad�lresses. The mailing addresses af Trusto�r �debtor� and Lender �secured par�y� ��am whiGh �nfor��na�ian
<br /> con�erning the security inter�s� granted by this Deed of Trust may b� obtained �ea�h as requir�d by the Unifarm
<br /> Commer�iaf Code� are as s�ated�n the first page o��his Deed of Trust.
<br /> FURTHER ASSURAN�ES: ATTORNEY-IN-FACT. The �v�lowing pro�isians relating ta �urther assuranc�s and
<br /> attorney-in-fact ar�a part a�this Deed of Trust:
<br /> Fur�her Assurances. At any time, and #rom time t❑ time, upon reques�af Lender, Trus��r wil� m+ake, ex�cute and
<br /> d�li�er, or wi[l cause�❑be made, executed or deli�ere�, ta Lander or to Lend�r's designee, and v�hen reque.�ted hy
<br /> Lender, cause t� �e fi�ed, record�d, refi�ed, �r rerecvrded, as th� case may be, at such times and in such a�fiices
<br /> and places as Lender may deem appropriate, any and a1� such martgages, deeds o��rus�, secu�ity deeds, security
<br /> agreements, financing statements, cantinuation stat�ments, instr�uments of furthec assurance, certifi�at�s, and
<br /> ather da�uments as may, in the sale apinion of Lender, be necessary or desirable in order�o eff�Ctuate, cnmpl�te,
<br /> perfeet, continue, ar preser�e {1} Trustor's vbligations under �he Note, this Deed of Trust, and the ��elated
<br /> Do�umen�s, and ��} �the fiens and seGurity interests crea�ed �y this Deed of Trust as firs�and p�ivr liens on the
<br /> Praperty, whether now awned or herea#�e� a�quired by Trus�or. Unless pr�hibited by law or Lender agree� ta the
<br /> c�ntrary in w�iting, Trustor shall reim�urse Lender for all cvsts and expenses in�urred in conne�ti�n with the
<br /> matt�rs referred ta in this paragraph.
<br /> Attnrney-in-Fact. If Trustor faifs to d� any of the things referred ta in �he pre�eding paragraph, Lend�r ma►,�da sa
<br /> for and in �he narne ❑f Tru�tar and at Trus�or's �xp�ns�, For su�h purposes, Trus�ar he�eby irre�ocably appaints
<br /> Lender as Trustar's att�rney-in-fact for the purpase of ma�.ing, ex�cuting, d�livering, �iling, recording, and dving all
<br /> athe� things as may be ne�essary or desira#�le, in Lender's sole vpinion, to a��omplish the mat�ers r��erred to in
<br /> the prec�ding paragraph.
<br /> FULL PERFDRIVIANCE. �f Trustar pays all the �ndebtedness, including ►nri�hout�im�tativn all futur� ad��nces, wh�.n du�,
<br /> and atherwise perf�rms all the ❑bligativns impvsed upan Trustar under this Deed o� Tru�t, Lender shall execute and
<br /> deli�er to Trustee a requ�st far fu�l recon�eyance and shall execute and deli��r to Trustvr su�table statements af
<br /> terrninatian o� any financing s�atement on file e�iden�ing Lender's securi#y in�erest in the Ren�s and the P��sanal
<br /> Property. Any recon�eyance fee required by law shall be paid by Trustar, if permi�ted by applicable law.
<br /> EVEIVTS DF ❑EFAULT. Each �f the following, �t Lender"s�ption, shall canstitute an Event�fi Defau�fi under this D�ed
<br /> af Trust:
<br /> Payment�efau�t. Trustor�ails ta make any payment when due und�r th� Indebtedness.
<br /> ❑ther �efaults. Trustor �aifs t� comply w�th vr t❑ perform any other term, obligat�on, �o�enant or �a�ndition
<br /> contain�d in �his Deed vf Trus� or in any vf the Re�ated Dvcuments vr to eomply with or to per�arm any term,
<br /> o�ligatian,c��enant vr c�nditian cantained in any other agreement between Lender and Trustvr.
<br /> Cvmpliance ❑efault. Failure ta carnply with any ❑th�r term, abligation, co�enan� or condi�tion con�ained in �his
<br /> Deed a�Trust,th� N�te or in any at�the R�late� ❑�cumen�s.
<br /> �e�aul�vn�ther Payments. Fa�lure af Trustar within the time required hy this Deed of Trust�o rr�ake any paymen�
<br /> for taxes o�insurance, or any other paymen�ne�essary to pre�ent filing af or to e�fect discharge❑f any iien.
<br /> ❑e�ault in Favor af Third Par�ies. Should Grantvr default under any loan, ex�ensian af credit, securi�y agreement,
<br /> pur�hase or sales agreement, or any other agreemen�, in favvr vf any other cred'€tQr ar person�hat may rnaterially
<br /> affect any of Grantor's prop�rty or Grantvr's ability ta repay the Indebtedness or Grantorrs ability to perfvrrn
<br /> Gran�or's obfigations under this Deed of Trust or any�f the Reiated ❑acuments.
<br /> False 5tatements. Any warran�y, rep�esentation ar s�at�ment made or �rurnished �� L�nder by Trus�or� or vn
<br /> Trustor's beha�f under this Deed of Trust ar the Related Dvcuments is fafse Qr rnisleading in any rnaterEal �+�spect,
<br /> either nvw or at the time made❑r furnished or b�comes false or misleading at any time thereafter.
<br /> DefeGt€►►e Cvllaterali�ation. This Deed of Trus� vr any afi the Rela�ed Docurnents �eases ta b� in full fvrce and
<br /> effect ��n�luding failur� af any co��ateral documen��v �reate a valid and perfected se�urity interest or lien} at any
<br /> tim� and for any reasan.
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