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2� 1 �� 1 �8� DEED �F TRUST Lvan No: 't�'I Z94'I 4� ��orltinu�dj Page 5 shall remain in fu(f force and�ffe�t untif such time as Trustor's Indebt�dness shall be paid in full. E?C15TING INDEBTEDNE55. The f�llowing pro�isions ��ncerning Existing Endebtedness are a part❑f this ❑eed ❑f Trust: Existing Lien. The lien of this Deed of Trust securing the Indebtedness may be se�ondary and inferior to an existing lien. Trustor express�y co�enants and agrees to pay, vr see fi❑ the payment of, the Existing indebtedness and �to pre�ent any default an such indebt�dness, any default under th� instruments e�idencing suc� indebtedness, ar any default under any security documents for such indebtedness. Na Modification. Trustor shall not �nt�r int❑ any agreement with the holder of any mortgage, deed ❑f trust, or other� security agreement which has priori�y o�er this ❑eed of Trust by which that agreement is modified, amended, extended, or renewed without the prior written �onsent of Lender. Trustor shall neither requ�st nor accept �ny futu�e ad�ances under any such secur�ty agreement withnut the prior written consent af Lender. C�NDEMNATI�N. The fall�wing pro�isi�ns relating t❑ condemnation proceedings are a part❑f this De�d of Trust: Proc�edings. Ifi any prnceeding in condemnatian is filed, Trustor shall promptly notify Lender in writing, and Trustar shall promptly take such steps as may be necessary to defend the action and abtain the award. Trustor may be the nominal party in su�h proceeding, but Lender shal� be entitied ta participate in the proceeding and to be repr�sented in the proGeeding by �ounsel ❑f its ❑wn chai�e, and Trustor will deli�er ar cause t� be deli�ered to Lender such instruments and documentation as may be reques�ed by Lender from time to time to permit such parti�ipation. Applicativn of Net Proceeds. If all ❑r any part ❑f the Property is cond�mned by eminent domain proceed�ngs ar by any proceeding ❑r pur�hase in I�eu ❑f condemnat�an, Lender may at its election require that ali ❑r any portian ❑f the net proceeds af the award be appli�d to the lndebtedness or the repair or restoratian af the Prape�ty. The net proc�eds of the award shall mean the award after payment ❑f all reasonable casts, expenses, and attorneys' #ees incurred by Trustee or Lender in connectian with the c�ndemnation. IMP�S�TI�N ❑F TAXES, FEFS AND CHARGES BY G�VERNMENTAL AUTh�R�T�ES. The tollov►iing pro�ision� r��at+ng to go�ernmental taxes, fees and charges are a part of this ❑eed �f Trust: Current Taxes, Fees and Charges. Upon request by Lender, Trustor sha[I execute such documents in additian to this Deed ❑f Trust and take whate�er other action is reques�ed by Lender t❑ perfect and �ontinue Lender's lien on the Real Property. Trustar shall reimburse Lender for al� taxes, as described helow, together with a!i expenses incurred in re�arding, perfecting ❑r cantinuing this Deed of Trust, including without limitation all taxes, fees, doc�mentary s�tamps, and ❑ther charges for re��rding ar r�gistering this ❑eed of T�u�t. Tax�s. The fal�owing shall canstitute taxes to wh�ch this section applies: �1} a sp��ific tax upon this type of Deed ❑f Trus� or upon all or any part af the Indehted�ess secured by this Deed ❑f Trust; ��f a specific tax an Trustor which Trustor is authorized or required to deduct fram payments on the Indebtedness secured by this type af DPed af Trust; �3� a tax on this type of ❑eed of Trust chargeable aga�nst the Lender or the holder of�h� Note; and �4y a specific tax ❑n afl or any por��on of the Indeb�edness ar on payments o� principal and interest made by Trustor. Sub�equent Taxes. �f any tax ta whi�h this section applies is enacted subsequent to the date of this ❑eed of Trust, this e�ent shall ha�e the same eftect as an E�ent of De�Fault, and �ender may exercise any or all o� its a�ailable remedies for an E�ent ❑f Default as pro�ided belaw unless Trustor either {1 y pays the tax before it k�ecames del�nquent, ❑r ��y contests the tax as pro�ided aba�e in the Taxes and Liens sectian and deposits with Lender cash ❑r a sufficient corporate surety b�nd or ather security satistactory t❑ Lender. SECURiT'Y AGREEMENT; FINANCING STATEMENTS. The following pro�isions �elating to this Deed of Trust as a security �greement are a part❑f this Deed ❑f Trust: Security Agreement. This instrument shall constitute a Security Agre�ment �o th� extent any of the Property cflnstitutes �ixtures, and Lender shall ha�e all of the rights of a secured party under the �niform �ommer�ial Code as amended fram time t❑ time. Security Interest. Upon request by Lender, Trustar shall take whate�er actian is requested by Lender to perfect and cantinue Lender's s�curity interest in the Rents and Persanal Prap�rty. In addition ta re�ording this ❑eed of Trust in the real praperty records, Lender may, at any time and with�ut further authorization �rom T�ustar, file executed eounterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustor shall reim&�urse Lender far all expenses incurred in perfecting ❑r cantinuing this security interest, Upon default, Trustar shatl not rema�e, s��er or deta�h t�e Personal Praperty fram the Property. Upon detault, Trustar shall asserr�rb�e any Personal Property nat affixed t❑ the Praperty in a manner and at a place reasona�ly con�enient t❑ Trustor and Lender and make �t a�ailable t❑ L�nder w+thEn three �3� days af��r receipt af written demand from Lender t❑ the extent permitted by applicable law. Addresses. The mailing addresses of Trustor �de�tor} and Lender �secur�d party} from which infarmation cancerning the security interest granted by this Deed ❑f Trust may be �b�ained {each as required by the Llniform Commerciaf Code} ar� a� stated on the first page af�his De�d ot Trust. FURTHEF� A55URANCES; ATTQRNEY-IN-FACT. The following pro�isions relating to further assurances and attarney-in-fact are a par�of�his Deed af Trust: