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2� 1 ���5�� <br /> t <br /> DEEt3 �� TRL��T � ► <br /> �Cont�nue�� P�ge 4 <br /> 5ur�ival of R�presantatior�s and Werrantias. All representations, warrentiss, and agreernsnts made by Trustar in <br /> thi� D�ed of Trust shall�urvive the executian and delivery af this�ged of Trust. shs�li be cantinuing in n�ture, and <br /> shall remsin in fuil force�nd eff�ct urrtil su�h time as Barraw�r'�Inde�tedness shai�he peid in full, <br /> CLiNDEMNATI�N. The foll�wing pro�isi�ns rel�ting to condemnatton procsedings are a part of this Dee��#Trust: <br /> Pro��adings, If anV pro�eeding in Gondemnati�n is filed, TrU�tar shail p�omptiy notify Lender in writin+�, and <br /> Trustor sheli pr�mpdy tak� such�teps es may be necess�ry to defend th� a�tian and abtain the awerd. Trustar <br /> mey be the namins!p�rty in such praceeding,but Lendgr sh�ll be entitle�i��partl�ipat�in the p�oce�ding end to be <br /> repres�nt�d in the pr��eeding by �ouns�l o� its awn cho�c�, �nd Trustor will de�iv�r or caus� to ae deli�ered ta <br /> Lender su�h instruments and documentatia�n as may h$ r�queste� by Lend�r #ram time ta tinne tv permit such <br /> p�rt;cipstian, <br /> Ap�li�etion o'f Net P�roceeds, If a�l or any p�rt of the Prvp�rty is c�ndemned hy eminen�dom�in pro��eding��r by <br /> sny p�a��e�ding or�U�chs�se�n�ieu��candernnation, Lender may at i#s el�ction�equ��e th�#a!�ar an�po�#ivn of the <br /> net proceeds �f the �ward be applied to the 1nd�btedr�ess �r th� �epa�ir or restaretion �f the �'roperty. The net <br /> proceeds ot tha awsrd shall mean the sward a�ter p�yment vt all reaaon8ble Gasts, expenses� a�d attarneys' fees <br /> i�curred by Trustee or Lender in canne�tian v+►ith the condemnation. <br /> �IIAP�SIT1aN �F TA�iES. FEES ArNf]GHARGES BY G�YERNMEl11TAL AUTH�RITIES. The fo!l�wing prv�i�ians relatin� <br /> ta go�ernm�ntal t�xes,f��s and chsrges ere a�art of this aeed�f Trust: <br /> Currerrt Tsx�s, Feas �nd Chsrg�s. Upan request by Lender, Trustor�h�l� execute such documents in additi�n to <br /> this Deed of TrUst end t�ke whataver other a�ti�n is reQuested by�ender to per�ect and continue Lender's I�en an <br /> the Real Property. Trustor shell r�imburs� Lender for al# taxes, es des�rib�d belaw. to�eth�r with all exp�nses <br /> incurred in r�cording, per�ect�ng or cantinuing this �e�d a# Trus#� �n�fudi�g without I�mit�tiun el� taxes, �ees� <br /> dacumentery stamps, and other�hsrges iar reca�diny ar registering thi�De�d of Truat. <br /> Te.xes. The foll�wing shell Gonstitute tax�s t� whiGh this se�tian spplies: ��} � specific tax upan�his type of <br /> Deeti af Trust or up�n al�or eny pert�f the �ndek�tedness securad by this �eed of Trust; ��� a spe�ific tex on <br /> Borrawer w►hich Borr�wer is suthorized or requtred ta dedu�t from psyments o�thg Ir�d�btedness�ecured by this <br /> type af Degd of Trust; �3� e tsx an this type of ae�d of Trust chart+geable ageinst the Lender ar th�holder Q�the <br /> Note; and ��} � speci�i� tax an all 4r any portion �f the Ind�btedness or an payments of principe� �nd �nterest <br /> made by Bofrowe►. <br /> �ubssquarrt Texea, �f any #ax tQ whiCh thi� seoti�n applies is �nacted subsequ�nt to th� date of this aeeci �f <br /> Trust� this e�ent $hell hsve the �erne eff�ct es an E�rent o# De#au�t, and Lende� may exercis� �ny or sl� of its <br /> a��ilable remedies far an E�ent flf Defau�t �s pro�ided belaw Unless Trustar either t 1 y peys the tax befare i� <br /> becomes delinqu�nt. ar �2y cont�sts th�tex e�prav�ded abo�e in the Texsa and Liens section and dep�sits with <br /> L�nder cash or a auf#ic�ent c�rparate sur�ty bond�r other se�urity s�tisfectory t�Lender. <br /> SECURITY A�AEE�III�NT; �INAN��N� STATEMENTS. The fallowing pr��isions ra�e�tEng t� #hi� Deed of Trust �s � <br /> security�gregm�nt are s p�rt�f this�eed ot Trus#: <br /> Sacur�ty Agraemerrt. This instrument shail �onstitut$ a �e�urity Agr�em�nt to the extent eny of the Praperty <br /> cansti�utes fixtu�ea, and Lender ah�ll ha�e all af the�ights a�a secured part� under the Uniform��mmercial C4de <br /> as�mended from t�me tQ time. <br /> SaGur�ty Inte�est. Up�n r�uest by Lender. Trustar�h�ll tak$ wha�a�er actian is requested by Lender to per#ect <br /> and cantinue Le��er's security interest in the Rents �r�d F�e��ona! Property. �n �dd�#�on #o recordin�th�s [�eed�i <br /> Trust �n th� r�al praperty records, L�nder may, at eny tirne end with4ut fu�ther �uthori��tion from Trust�r, file <br /> axe�uted caunterparts, copies or repradu��ions of �his Dee�! at Frust es a �Finan�ing �tatement. Trustar shal! <br /> reimbursa �ender for all expenses incurred in p�rfecting or cantinuing this security interest. Upon d�fauit� 7rustor <br /> sha�l nat rema�e, sev�r o�deta�h the Psrsonal Pr�pe�ty �r�m the �roper#y. Upon detault, Trustor sh�l��s��rnble <br /> eny Persvnal Property not�ffixe�to the Prop�rty in a menner�nd at e pl�ce reasonet��y can�gni�nt#o T�ustQr end <br /> . Lender an�l meke it avaiiebie #� Lender within #hree {3] dsya after receip�of writt�n demand �rom L�r�de�to �he <br /> extent permitted by�pp�ic�ble�aw� � <br /> Addre��es. The mailtng �ddre�s�s of Trustor �dsbtorf and Lender �s�cured partyf from whi�h inf�rmation <br /> �oncernin�the security intarest granted by this Deed�f T�ust may be o�tained �each as raquir�d by the �niform � <br /> , <br /> Commer�ial Code�are a�s stated on the�irst page af this Deed of Truat. � <br /> FUATHER ASSURANCES; ATT�RNEY-iN-FACT. The fallawin� pro�riaion� relating ta f�trth�r a�sursnces an�i <br /> attorney-in-fact�r��part of th��Deed�f Trust; <br /> Furthvr As�urencas. At eny t�me, and from time to time. upon request o#Lender� Trustor will m�ke� exeGute�nd <br /> deli�er�or w�ll csus�ta be made, executed or defi�ered.to L�nder or t�Lender's deaignee,end whgn requested by <br /> L�nder, caus�ta ae #ilsdr recQ�ded, rafil�d� or rerecorded. as the csse m�y ba, ��such tirn�s end in su�h o�#i�e$ <br /> snd��aces as Lender may d�em appropriate, any and �1�such mortgeges, deeds of trust, sscurity���d�. �ecur�ty <br /> agr�ements, finenc�ng s#atements, continuat�on st�tements, instruments o� #urth�r �asurance� c�rtificatas. and <br /> �ther docurn�nts as may, fn the�ole op�niar�af Lender,be nacessary or desirable in order to effectuete,camplat�. <br /> perfect� cantinue� o�pres�rve �1� Barrawer's and Tru$t�r's ablig�tions under the No#e, th�s E3eed af Tru�t. �nd � <br /> the Re�at�d Do�uments. anc� �2� the I�en� and se�uti#y i�terests Created by this D�ed�f Trus#as fir$t�nd pfiar <br /> liens on th� Prop$rty. whether naw awned or he�esft�r a�quir�d by Tru�tor. Unless prahibited by lew or Lender <br /> egrees ta the contrary in writing, Trustar eti�l�eimburse Lander fnr e�l�vs#s and expanses inGurred in connec#i�n <br /> � with th�mattera refer��d ta in this paragr�ph. <br /> Attantiay-�n-Fact. If Trusx�r fails to do any of the things referred to in the prec�ding peragr�ph. Lender may d�so <br /> �ar and in th�name of Trustor and at T�ustor's expenae. Far such purpvses� Trustar hereby irrev�cab�y appoints <br /> Lender�s Trustor's$tt�rn�y-ir�-f��t for the purp�s�o�m�king�executing,deliWering� #ifing� r�cording� and d�ing a!I <br /> ather thi�ngs as rn�y be nece�sary or desirabfe, in Lende�'s sole opinian, to a�camplish ihs mattsrs refe�red to in <br /> xhe precedin�par�graph. <br /> F�1LL PERF�RMAIV�E. If Barrawer an� Trustor pay ell the Indebtedn$ss, including w�thout �}mits�ia� a!I #uture <br /> ad�an�es, wh�n�lue,�n�T�ustor�therwise perfarms�II the vb��gatEons imp��ed upan Trustor under thi$Deed af Trust, <br /> Lender sh�ll execute and�I�liu$r ta Trustee a request for full reconvay�nce �nd sha�l exect+te antl d�li�sr #a Trustor <br /> suit�ble st�t�ments af te�mir►�ti�n o�sny financin�stetem$nt an file e�idencing l.endsr's se�urity int�r�st in the Rents <br /> and the Pers�nai Property. Any re��n�eyan�e #se �equired by law shel�b� paid by Tru$tor, if perrnitt�d by�ppiicable <br /> #�w. ' <br /> EVENTS�F DEFAVLT. EaCh of#hg failawing� �t Lender's option� shall constitut� an E�►ent o�Dafault under thi� D�ed <br /> of Trust: <br /> Psymant D�fsult. Sorrawer faiis to make any p�yment when due under the lndebtedness. <br /> �thar D�faults. B�rrow�r or Trustor fails t� comply with or to perr�orm eny Qthar term, �bligation, co��n�nt or <br /> c�ditian�antained in this De��of Trus#�r in any of the Releted Qocuments or to comply with ar#a perfarm any <br /> t�rm, o�ligetion,covenant�r canditian cont�ined in any ather agreem�nt between L�nder and B�rrow�r or Trust�r. <br /> Gompliarrc�s Q�fault. F�ilure to �omply with any oth�r t�rm, abiigatian, coWenant or candition cantained in th+s <br />