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� 2� 1 ��2� 11 DEED �F TRUST Loan Nv: 'i D��943�� ontlpu�d} Page 5 au�hority to exe�ute and deli�er�his Deed of Trust to Lender. Defense of Ti�le. Subject�o �he excep�ion in �he paragraph abave, Trus�ar warran�s and wiIi �are�er de�end �he �ifile tfl �he Pr�perty against the lawful claims of al[ persons. [n �he even� any action ❑r praceeding is commenced that t�ues�ions Trus�or's�ifile❑r�he interest of Trustee o�r Lender under this Deed a�Trust, Trust�r shall defend the a�tian at Trustor's expense. Trustor may be the naminal par�ty in such proceeding, bu� Lender shall be enti��ed to partic�pate in �he proceeding and t❑ he represented in the praceeding by �ounsel ❑� Lender's own choice, and Trustar will deli�er, or cause to be deIi�ered, to Lender su�h ins�rumen�s as Lender may reques��rom time�a time tv permi�such participa�ian. Cvmpliance With Laws. Trus�or warran�s tha� the Property and Trusfior's use vf the P�-oper�y comp[�es vvith all exis�ing applicable laws, ❑rdinan�es, and regufations o�go�ernmental au�harities. 5ur�ival vf Represen�ations and V1Jarran�ies. All representatians, warrant�es, and agreemen�s made by Trus�vr in this Deed a�F Trust shall sur�i�e the exe�u�ion and deli�ery af�his ❑eed ❑f Trus�, shall be con�inuing �n na�ure, and shall remain in full fior�e and effec�until.such time as Borrower's Indebtedness shall be paid in full. EX1STlNG 1NDEgTEDNESS. The following pro�isions �on�erning Existing [ndel�tedness are a part vf this �eed o�f Trust: Exis�ing Lien. The [�en ❑� �his Deed vf Trus� securing �he lnde�tednsss may be secandary and inferior �o an exis�ing lien. Trus�or expressly co�enan�s and agrees �a pay, ar see fio fihe payment a�, the Existing �ndehtedness and to pre�ent any de�aul�t❑n such indehtedness, any defaul�under the �nstrumen�s eWidencing such indebtedness, or any defaulfi under any seGurity documen�s fo�su�h indebtedness. N❑ Modifica�ivn. T�-ustar shall not �nter �nto any agreemen� with �he hofder ❑� any mor�gage, d�ed a�f trusfi, or- ather security agreement which has priorifiy o�er th�s ❑eed of Trus� by which �hat agreemen� is modified, amended, �x�ended, ar �enev+�ed wi�hout �he prior written consent o�F Lender. Trustor shall neither request nor accept any future ad�ances under any such secur�ty agr-eement withou��he prior written cvnsenfi of Lender. C�NDEMNATI�N. The f�llawing prv�isians relating�k❑ condemna�ion praceedings are a pa��of this ❑eed af Trus�: Prviceedings. If any pra�eeding in cvndemna�ivn �s �iied, Trustor shal� prampt[y notify Lender in writing, and Trus�vr shall prnmp�ly take such s�eps as may be necessary fio defend the a��ion and abtain the award. Trus�or may be�he nominal party in such procesding, bu� Lender shall be entitled�� part�cipa��in fihe pro�eeding and�❑ �e represen�ed in �he proce�ding by caunsel vf its awn choice, and Trustor will deli�e�- or cause �❑ be de[i�ered t❑ Lend�r such ins�rumenfis and documen�a�ian as may be requested by Lender from �ime �❑ time �o p�rmi� such parti�ipa�ion. Appli�at�on vf Net Prv�eeds. If all or any par�o��he Property is candemned hy eminen�damain prviceedings or I�y any proc�eding ❑r purchase in lieu af condemna��fln, Lender may a�i�s efec�ti�n require tha�alf or any portion of the net proceeds af the award be appfzed t❑ the Indeb�edness or �he repair or restora�ion af �he Property. The net proceeds o�the award shall mean �he award a�te�r payment ❑f a�� reasvnable cas�s, expenses, and a�torneys' fees �n�urred by Trustee❑r L�nder in�annecfiivn with the �vndemna�€on. IMPDSiTI�N DF TAXES. FEES AND CHARGES BY G�VERNMENTAL AUTH�RfTIES. The following pra�isions rela�ing �o gaWernmental�kax�s, �ees and charges are a part o�this Deed o�Trust: Curren� Taxes■ F�eS and Charges. Upon request by Lender, Trust�r sha�I execu�e such documen�s in additian t❑ this Deed o�Trus�and take whatever o�h�r action is reques�ed by Lender�k❑ perfect and can�inue L�nder's lien on the Rea! Property. Trustor shall reimburse Lender �or all �axes, as d�scrilaed belvw, toge�her wi�h all expenses incurred in record�ng, perfecting or cantinuin� �his Deed o� Trust, including wi�haut limitation a�I fiaxes, �ees, documenta�y stamps, and ofiher charges�ar re�arding or regis�ering this Deed o�Trusfi. Taxes. The follawing shall consti�ute taxes tv which �his section applies: �� a spec��i� tax upon fhis type of aeed o�f Trus� or upon all or any par� o�the Indebtedness secured by this Deed of Trust; ��} a speci�ic tax on Borrowe� whi�h Borrvwer is authorized ❑r requ;red �❑ deduc��rom paymen�s ❑n the lndebtedness secured by�his �ype o�f �eed ❑f Trust; {3} a�ax on fihis type vf ❑eed of Trust �hargeabse against�h� Lender or fihe holder ofi the No�e; and �4} a spec€fic �ax on al! or any portion of �he lndeb�edness �r ❑n paymen�s of principal and interes� made by Borrawer. 5ubsequen� Taxes. I� any tax t❑ which �his sec�ion applies is enacted su�sequent to �he date o-� this Deed of Trust, �his �Went shall ha�e the same effec� as an E�en� a� [3e�ault, and Lender may exercise any ❑r all o� its a�ailab�e remedies �For an E�en�r o� ❑e�ault as prvWided below unless Trustor ei�th�r ��} pays �he �ax be�are i� becomes delinquent, ❑r t2} contes�s �he�ax as pro�ided abv�e in the Taxes and Liens sec�ion and depasits wi�rh L�nder cash❑r a su��ic�ent corpara�e surefiy bond or o�her securi�y satis�factory ta Lender. SECURITY AGREEMENT; FINAN�ING STATEMENTS. The follvwing pra�isivns rela��ng to this Deed of Trust as a securi�y agreement are a part of fihis D�ed o�Trust: 5ecurity Agreement. This ins�rumen� shall constitute a 5ecuri�y Agreement t❑ �he extent any of the Praperty constitutes �ixtures, and Lender shall ha�e all o�the righfis v�a secured party under the lJnz�orm Commercial Code as amended�r�m time fio time. 5ecurity tnterest. Upon request hy Lender, Trust�r shall take wha�e�er ac�ian is requested hy Lender �o perfect and continue Lender's secur�ty interest in th� Rents and Personal Praperty. In additi�n to recording this Deed af