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2� 1 ����72
<br /> DEED �F TRUST
<br /> Loan No: �D��9���? �Contirlu�d} Page 5
<br /> Prviceedings. If any proceeding �n condemnation is t�ied, Trustv�- shall prompt�y na�tify Lender in writing, and
<br /> Trus�or shall prvmptly take su�h steps as may be n�cessary t❑ de�end the action and ab�ain the award. Trus�or
<br /> may be fihe nominal party in such proceeding,�but Lender shall be entitled t❑ participate in the proc�eding and ta be
<br /> represen�ed in the prv�eeding by counsel ❑f i�s own choice, and Trustor will deli�er or cause �t❑ be deli�ered to
<br /> Lender such instruments and documen�kation as may be reques�ed 1ay L�nder firam time to time �❑ permi�t such
<br /> participatian.
<br /> Applica�ion vf Net Praceeds. If all ar any part of the Praperty is condemned by eminent domain p�-oce�dings ❑r by
<br /> any proceedin� ar purchase in lieu❑f condemnativn, Lender may at its elec�ion requ�re�hat all ar any pvrtivn ❑f the
<br /> ne� prviceeds o� �he award be applied tv �he �ndeb�edness vr the repair or restoration ❑f the Property. The net
<br /> praceeds ❑f�he award shall mean ��he award after payment vf all reasonalale cvsts, expenses, and at�vrneys' �ees
<br /> incurred by Trustee vr Lender in connecti�n wi�h the condemnafiion.
<br /> 1MP�51T1�N �F TAXES, FEES AND �HARGES BY GQVERNMENTAL AIJTH�RlTiES. The follow�ng pro�isi�ns relating
<br /> t❑ ga�ernmental�axes,�fees and charges are a par�❑f�his Deed a�F Trus�:
<br /> Gurren�Taxes, Fees and Charges. Upon reques� hy Lender, Trustor shall execufie such documents in additian to
<br /> �his Deed o�F Trusfi and�ake whate�er a�her action Fs reques�ed by Lender t� perfec� and cantinue Lender's Eien on
<br /> �he Rea� Property. Trustar shall reimburse Lender �or a�E taxes, as descri�ed below, together with all e�penses
<br /> incurred in recording, perfec�ing ❑r can�;nuing #his Deed of Trus�, inciuding wEfihaut �imitation all taxes, fees,
<br /> dacumentary s�amps, and other charges far recvrding or reg€sterin�this ❑eed af Trust.
<br /> Taxes. The following shall cons�i�ute taxes to which this sectian applies: ��} a specific tax upon this ty�e ❑f
<br /> Deed af Trust or upon all or any part vf fihe �ndebtedness secured by this Deed ❑f Trusfi; �2} a specific �ax an
<br /> Borrawer which 6o�-rower is authorized or required fiv deduc�fr�m payments an the indebtedness secured by�his
<br /> type v�F Deed o�T�-ust; 43} a tax vn this type o� Deed of Trust chargeable against the Lender or the holder ofi fihe
<br /> Nvte; and 44� a specific tax ❑n aii ar any par�ivn ❑� �he Indebtedness vr on paymen�s ❑f principal and interest
<br /> mad� by Borrvwer. �
<br /> Suhsequent Taxes. ff any �ax to which this section applies is enacted subsequent to fihe date o� this Deed o�
<br /> T�us�, �his e�ent shali ha�e the same effect as an E��:nt of De�aul�, and Lender may exercise any vr all ❑# its
<br /> a�aifable �emedies for an Event o� ❑efault as pro�ided helaw unfess T€�ustor eith�r ��� pays th� �ax before i�
<br /> becomes delinquent, or {2� cvntests the tax as prv�ided abo�e in the Taxes and Liens sec�ion and depos�ts wi�h
<br /> Lend�r cash or a sufFicient carpara�e sure�y bond vr❑�her security satis�actory�❑ Lender.
<br /> SECURITY AGREEMENT; FINANC�NG STATEMENTS, Th� �ollowing pro�isivns rela�ing �a this Deed �f Trust as a
<br /> security agreemen�a�-e a par'�af this Deed of Trust:
<br /> 5e�uri�y Agreement. This ins�rument shall cons�itute a Security Agreement to fihe ex�ent any v# the Prvper�y
<br /> constitu��s �ixtures, and Lender shall ha�e all of the righ�s ❑�f a secured party under the Uni�a�m Cammercial Code
<br /> as amended fram tim��t❑�ime.
<br /> Securi�y lnterest. Upvn request by L�nder, Trus�or shall take wha�te�er a��inn is request�d by Lender fv perfec�
<br /> and c�ntinue Lender's se�uri�y in�erest in �he Rents and Persvna� Praper�y. In addition fiv re�ording this ❑eed vf
<br /> Trust in the real proper-�y recards, Lender may, at any �ime and withvu� �urther au�horizat�an frvm Trustar, file
<br /> exe�u�ed counte�-parfis, �opies or reproduc�ions o� �his Deed �� Trus� as a financing s�a�ement. Trustor sha[l
<br /> re�mburse Lender far a�l expenses incu�red En per�e�ting ❑r confiinuing this securi�y in�erest. Upan de�au[t, Trustor
<br /> shalf nv� remo�e, se�er or de�ach �he P�rsonal Proper�y from �he Property. Upon default, Trustor sha�l assemble
<br /> any Persana! Praperty nvt af�Exed t❑�he Proper�y in a manner and at a place reasonabiy can�enien�tv Trustor and
<br /> Lender and make i�t aWai�ab�e �o Lender within three �3} days af�er receipt of writ�en demand �rom Lender �o �h�
<br /> extent permi��ed by applicable law.
<br /> Addresses. The mailing addresses �� Trus�or �deb�or} and Lender �secured par�y� fram which �n�ormatFvn
<br /> concerning �he securi�y interest granted by�his Deed vf Trust may be obtained �each as required by�khe Unifarm
<br /> Cvmmer�ial Code} are as sta�ed an�he first page❑f this Deed o�Trust.
<br /> Fl]RTHER ASSURANGES; ATT�RNEY-IN-FACT. The ��I[owing pravisions rela#ing to �further assurances and
<br /> at�orney-in-fact are a part of�his Deed of Trus�:
<br /> Fur�her Assurances. At any time, and �Fram time to�ime, upvn request ❑f Lender, Trus�or will make, execu�e and
<br /> deli�er, or will cause to be made, executed or,deli�ered, �a Lender❑r to Lender's design�e, and when requested by
<br /> Lender, cause fio be filed, rec�rded, refiled, ❑r rer�carded, as the case may b�, at such times and in such ❑ffices
<br /> and places as Lender may deem apprvpria�e, any and a11 such mortgages, deeds o��rust, s�curity deeds, securFty
<br /> agreements, ��nancing s#atemen�s, cantinuation statements, ins�ruments of further assuran�e, certificates, and
<br /> ofiher documents as may, in fihe sole ❑pinivn nf Lender, be necessary or desirable in ❑rder�v effectuate, comple�e,
<br /> per�ect, con�inue, or preser�e {1 y Borrower's and Trus�or's obligations under the No�e, this Deed of Trust, and
<br /> the Rela�ed Documen�s, and �2y the liens and security in�eres�s creat�d by�his ❑eed af Trus� as �irst and prior
<br /> liens vn �he Property, whether novtir owned nr hereafker acquir�d by Trustar. Un�ess prahibi�ed hy law or Lender
<br /> agrees �o the contrary in w�-iting, Trustvr shaEE reimburse Lender far all casts and expenses �ncurred in connection
<br /> wi�h fihe ma#�ers re�erred to in this paragraph.
<br /> Attvrney�in-Fact. lf Trustor fails t� da any o�F the things referr�d t❑ in the preceding paragraph, Lender may d❑ so
<br /> fior and �n the name of Trustvr and at Trus�or's expense. Fo� such purposes. Trustor hereby Erre�a�ably appoin�s
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