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2� 1 �� 1749
<br /> DEED �F TRUST
<br /> Loan Nv: ����93�54 {�ontinued} Page 5
<br /> may he the nnmEnal par�y in such proceeding, but Lender shaf� be entitled fia participate in�he praceeding and t❑ be
<br /> represen�ed in the proceeding by counse[ af ifis own choi�e, and Trustor will deli�er or cause fio be deli�ered �o
<br /> Lender such �nstruments an�l documentatian as may be reques�ed by Lend�r from tEme to time ta permit such
<br /> participativn.
<br /> Applicativn vf Net Pro�eeds. If ali or any part af the Praper�y is condemned by eminent domain p�-oce���ngs or by
<br /> any proceeding ❑r purchase in [ieu a�F condemnation, Lender may at its elec�ion require that a�I ar any por�itin of�he
<br /> ne� pra�eeds �f the award be app[Eed to th� Indebtedness ar the repair or restoration fl� �he Property. The net
<br /> proceeds of th� award shall mean the award after paym�nt of alf r�asonabfe costs� expenses f and atrtarneys' fees
<br /> �ncurred hy Trustee❑r Lend�r in connec�ion wifih�he candemnativn.
<br /> tMP�SIT��N �F TA�ES, FEES AND CHARGES gY GOVERNMENTAL AUTHORIT�ES. The fa�fowEng prv�isions relafi�ng
<br /> �o go�ernmen�ai fiaxes, �ees and charges are a parfi af�his Deed of Trust:
<br /> Current Taxes, Fees and Charges. Upon request i�y Lender, Trustor shal� execute such documen�s En addifiion to
<br /> this Deed o�F Trus� and take whate�er other action is requested by Lender to perfect and continue Lender`s lien an
<br /> fihe Reaf Property. Trustor shall reimburse Lend�r fvr all taxes, as described befaw. together wi�h a�� expenses
<br /> incurred in recording, perf�cting or continuing this fleed of Trust, inciuding wi�thout I�mitati�n aII taxes, fees,
<br /> documen�ary stamps, and o�her charges�or recording or registering this D�ed a�Trust.
<br /> Taxes. The �oiiowing shai[ cans�itute taxes to which this section applies: �'�} a sp�ci�ic tax upon this type of
<br /> ❑eed af Trust or upon aE! or any part of �he lndebtedn�ss secured by this Deed o�Trus�; {�} a specific tax on
<br /> Trustor which Trustor Es authorized or requEred to deduct fram payments ❑n the indeb�edness secured by this type
<br /> of ❑eed o�Trusfi; �3y a �ax on this fiype a�Deed of Trust chargeab[e agains�the Lender o�the holder of the Note;
<br /> and �4} a spec��Fic �ax on aIl or any partion of the Indeb��dness or on payments v� principa! and interes�t made by
<br /> Trustor. �
<br /> Suhsequent Taxes. If any tax �o which thEs sec�ion applies is enac�ted subs�quen� to the date o� this �eed of
<br /> Trust, this ��ent shall ha�e the same effec� as an Even�t of De�auf�, and Lender may exercise any or a�� of its
<br /> a�ailable remedies for an E�ent of Default as pro�ided beiow unless Trus�or eith�r {1 y pays th� tax be�are it
<br /> becomes delinquen�, or ��} con�es�s th�tax as pro�ided a�o�e in the Taxes and Liens sectian and deposits with
<br /> Lender cash or a suffEcient co�parate sur�ty band or❑ther s�curity satisfactory tv Lender,
<br /> SECURITY AGREEMENT; FINANCING STATEMENTS. The foElawing prv�isions reEa�ing ta this �eed of Trust as a
<br /> security agreement are a par�o�fih�s �]eed ot Trus�:
<br /> Security Agreement. This insfirumen� shall constitute a SecurEty Agreement �o the extent any v� the Property
<br /> cvnstitutes �ixtures, and Lender sha[I ha�e a!! of the rights of a secured party under�he Unifvrm �ommerciai Code
<br /> as amended fram�ime fio time.
<br /> 5ecuri�y ln#erest. Upan request by Lend�rr Trustor shall take whate�er ac�tion is requested by Lender to per�ect
<br /> and cvntinue Lend�r's s�curity inte�-sst in fihe Ren�s and Persvnal Prvperty. En addit�on �a recvrding �his Deed ❑�
<br /> Trust in the real property recflrds, L�nder may, at any time and ►nrithou� �urther authorizatEan fram Trustor, �File
<br /> executed counterparts, cop�es ar reproducfiions ❑� this Deed a� Trust as a financing sfiatement. Trustor sha[[
<br /> r�imburse Lender for a�l expenses incurred in p�rfecting vr confiinuing th�s securEty interest. Upon default, Trustor
<br /> shall not rema�e, s��er or de�ach �he Personal Property fram the Property. Upon defauft, Trus�or sha!! assemble
<br /> any Persona� P�aper�y not af�ixed to the Property in a manner and at a place reasona�ly con�enient tv Trustor and
<br /> Lender and make ifi a�aiIable to Lender wi�hin three {3y days after receEpt v� written demand fram Lender to the
<br /> ext�nt permifite�i by applicab[e law.
<br /> Addresses. The mai[ing addresses vf Trustar {debtor� and Lende�- �secured partyy �ram which in�orma�ion
<br /> concerning �he security inter�st gran�ed by thEs Deed of Trust may be abtained �each as required by the UnEfvrm
<br /> Commercial Code} are as s�a�ed ❑n�he�irst page o�this Deed o�Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN�FACT. Th� �ollowing pro�isions rela�ting �o further assurances and
<br /> at�arney-in-fiact are a part a�this Deed of Trus�:
<br /> Fur�her Assurances. At any �ime, and fram �ime to �ime, upon request of Lender, Trustor wil! make, execute and
<br /> del���r, or will caus�to be made, ex�cuted vr deli�ered, to Lend�r❑r fio Lender's designee, and when requested by
<br /> Lender, cause fia be fil�d, recorded� refiied, ❑r rerecarded� as fihe case may be, at such times and in such offices
<br /> and piaces as Lender may deem apprapriate, any and a!i su�h martgages, deeds ❑�trust, security de�ds, security
<br /> a�reemen�s, �inancing statements, cantinuafiifln s�atements, ins�ruments af �urther assurance, certificates, and
<br /> other documen�s as may, in�he sole apinivn ❑f Lender. be necessary ar desirabie in order�o eff�ctuate, cvmpfete.
<br /> per�ect, �ontinue, �r preser�e {1� Trustor's ❑hfigations under �he Note. this Deed �� Trust, and �he Re[ated
<br /> Documenfis, and �2y the �iens and security interests created by this Deed of Trusfi as �irst and prior liens an the
<br /> Property. whether now owned vr h�reafter ac�uired by Trus�o�. Uniess prohibited by !aw or Lender agr�es ta the
<br /> contrary in wri�ing, Trustor shaE� reimburse Lender for a�1 costs and expenses incurred in connection with the
<br /> matters referred to in this paragraph.
<br /> Attorney-in-Fac�. �f Trustar fails ta do any o�th�things referrsd fio in th� preceding paragraph, Lender may do so
<br /> for and in�he name ❑f Trustar and at Trustor's expense. For such purposes, Trustor hereby irre�ocably appoints
<br /> Lend�r as Trustor's a�torney-En-fac�for the purpase of making, execu�ing. delivering f fiiing. recording, and doing all
<br /> ather things as may �e necessary or desirable� in Lender's sole ❑pinion, to accompEish the mat�ers r��er��d tfl in
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