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<br /> 2� 1 �� 1 �83
<br /> DEED �F TRUST
<br />; L�an Na: 'I�'I�942'l� ��ontMnued} Pag� 5
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<br /> may be the nominal party in such p�roceeding, but Lender sha�� be entit�ed�o participate in�he proceeding and t❑ }�e
<br />; represented in the praceeding by counse[ o� its awn chaice, and Trustor will deli�er or cause �❑ be de�iWered t❑
<br />' Lender such ins�rumenfis and d�cumen�a�ion as may b� requesfied by Lender �rvm time �o �ime �o permifi such
<br />� par�ic�pa�ion.
<br /> j AQp�i�ation o�Net Pro�eeds. lf all ❑r any part of�he Property is cond�mn�d by eminen�domain pro�eedings ❑�-by
<br />� any proceeding ❑r purchase in lieu of��ndemnation, Lender may a�t i�s elect�an require that all or any pvr�ivn a�the
<br />; ne� praceeds of�he award be applied to the lndela�edness or �he repair ar resfivration of the Prvper�y. The ne�
<br /> proceeds ❑f�he award sha[I mean �he avvard af�er payrnent ❑f all �easonable cas�sr expenses, and afifiorneys` �ees
<br />� incurred by Trustee or Lender in connection wi�h the condemna�ivn.
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<br /> [MPaSITIDN �F TAXES, FEES AND CHAR�ES gY G�VERNMENTAL AUTH�R1T1E5. The �ollowing prv�isions relating
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<br />, �o go�ernmentai fiaxes,fiees and charges ar� a par�of�his Deed❑f Trus�:
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<br />� Current Taxes. Fees and Charges, Upon request by Lender, Trus�or shall execute such documen�s in addi�ian to
<br />� this Deed of Trus� and �ake whate�er❑�her acfiion €s requested by Lender ta perfect and cantinue Lender's lien ❑n
<br />' the Real Property. Trusfior shall r-eimburse Lender far ail taxes, as descr�bed be[ow, �ogether� with all expenses
<br /> incurred in recordin�, perfe�ting or cantinuing this Deed of Trust, including without limifa�Evn all taxes, fees,
<br />� documentary sfiamps, and ❑�her charges�or recording ❑r registering�his Deed ❑�Trust.
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<br />; Taxes, Th� follawing shall canstitute taxes t� which this section appli�s: {�} a speciti� �ax upon �his �ype ❑f
<br /> Deed o�F Trusfi a�- upon all ar any part o�the Indebtedness secured by fihis ❑eed of Trust; �2} a speci�ic tax vn
<br /> T�-ustor which Trus�or is au�hori�ed vr required fio dedu�t from paymen�s ❑n�he fndeb�edness secured by this �ype
<br />, a� Deed ❑f Trust; ��} a tax on�his �ype o� Deed ❑f Trust chargeable aga€nst the Lender or the holde�-of the Nv�e;
<br />� and �4} a spec�fic tax on all or any portion ❑f�he indebfiedness or on paymen�s of principaf and inte�-est made by
<br />� T�rustor.
<br /> i 5ubsequen� Taxes. �f any tax �❑ which �his se��ion applies is enacted su�sequent to -�he date of this ❑eed �f
<br />� Trust, th�s e�ent sha�f ha�e the same effect as an E�enf of ❑efaul�, and Lender may exercise any or all o� its
<br />� available remedies for an E�ent ❑f De�ault as p�-a�ided below unless Trus�or ei�her �1} pays the fiax hef�re it
<br /> be�ames delinquen�t, or ��} confies�s �he tax as pra�ided abv�e in the Taxes and Liens section and deposits with
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<br /> Lender cash❑r a sufFicient c�rparate surety bond or o�he�securi�y sa�isfac�ary fi❑ Lender.
<br /> SECURITY AGREEMENT; FiNANC1NG STATEMENTS. The follawEng provisians rela�ing to this ❑eed o� Trus� as a
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<br /> security agr��ment are a part a�this ❑eed❑fi Trust:
<br /> Security Agraement. This ins�krument shall canstitu�e a Security Agreemen� to �he exten� any af the Prope�ty
<br /> canstitu�es fix�ures, and Lend�r shall ha�� all o��he rights ❑� a secured party under�he lJniform Commercial Cade
<br />� as amended from�time to time. '
<br />, 5e�urity In��rest. Upon reques� 1ay L�nd�r, Trusfior�shall fiak� whate�er ac�ian �s requested by Lender ta perfec�
<br />; and con�inue Lender's securi�y in�eres� in �he Rents and Personai Proper�ty. ln addi�ion to re�ording �his ❑eed ❑f
<br /> Trust in the real property re�ords, Lender may, at any �ime and without �urther authoriza�ion from Trustor, file
<br /> executed �ounterparts, capies ar reproduGtions of this ❑eed of Trus� as a �Financing sfiatement. Trus�vr shal�
<br />� reimburse Lender far all expenses �ncurred in per�ecting or continuing this securi�y interes�. Llpan defaul�, Trustor
<br /> shall not rema�e, se�er or defia�h the Persanal Property from �he Property. Upon de�Faul�, Trustor shall assemble
<br />� any Pers�nal Property no� affixed�❑the Proper�y �n a manner and at a place reasonably conWenisn�ta Trustor and
<br />� Lender and make i� availab[e �❑ Lender within three �3} days after r�ceip� a� vuri�ten demand from Lender to the
<br /> i �x�en�permitted by appficable law.
<br />� Addresses. The mai[ing addr�sses of Trust�r �deb�or} and Lender {secured par�y} fram which infarmation
<br />; cancerning �he secur€ty interss� gran��d by this De�d ❑f Trust may be ohtained teach as required 1oy the Unifarm
<br />; �ommercial Code� are as s�ated on the�fi�-st page of�his Deed of Trust.
<br /> FURTHER A55URANCES; ATTORNEY-1N�FACT. The following prvvis�ons relating t� �urther assurances and
<br /> a�torney�in�fac�are a part o�F�his Deed a�Trus�:
<br />� Further Assurances. A� any�ime, and from �ime�ko time, upon requ�s� of Lender, Trustar wi�� make, execute and
<br /> de[i�er, o�-will cause�� be made, executed ar deli�ered, to Lender❑r to Lender's designee, and when requested by
<br />� Lender, cause �a be filed, recarded, refiled, or rerecvrded, as �he case may be, a� such times and in such v��i�es
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<br /> j and places as Lender may desm appropria�e, any and all such mor�gages, deeds of�rus�, security deeds, security
<br />; ag�eemen�s, �inan�ing s�atements, continuatian staternents, �ns�ruments o� fur�her assuran�e, certifica�es, and
<br />� ❑ther dv�umen�s as may; in�he s�le opin�on a�Lender, h� ne�essary a�-desirab�e in order t❑ ef��c�uate, �omplefie,
<br />� per�ec�, cantinue, or preserWe (1� Trus�ar's abligafiivns under �he Note, �his Deed o-� Trust, and the Related
<br />� Dacumen�s, and {2y the liens and security interests created by�his Deed o�F Trust as first and priar liens on the
<br />� Praperty, whe�her now ❑wned �r hereafter acquired by Trustor. lJn�ess prohibited hy law or Lender agrees �t�the
<br />� con�rary in wri�ing, Trus�or shali reimburse Lender for all �os�s and expenses incurr�d in cvnnection with �khe
<br />� matters referred to in�his paragraph.
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<br />� Attorney-in-Fact. If Trus�kor fails �a do any vf the�hings re�erred to in the preceding paragraph, L�nder may d❑ so
<br /> i �or and in�he name o�Trus�or and at Trus�ar's expense. Far such purposes, Trustor hereby irreWvcab�y appoin�s
<br />� Lender as Trustor's att�rney-in-�act�or�he purpvse vf making, execu�ing, delivering, filing, rec�rding, and doing alI
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<br />; other things as may be necessary ❑r desirab�e, in Lender's sole ❑pinion, to accvmplish the ma�ters re�er�ed �o in
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