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� 2� 1 ��2�95 �� Loan �Uv: 2�� t]nt��u��I} Pa�e �- net proceeds o� �he award be applied to the �ndebtedness vr the repai� ❑r restaration ❑� the Property. The net pra�eeds o�the awa�-d shaIl mean the award after payment ❑f aII reasvnable casts, �xpenses, and attorneys' fees incurred by Trus�ee or Lender in �annection wE�th the condemnation. 1MPQSIT[aN �F TA?CES, FEES A�ItD CHAR�ES BY G�IPERNIV�ENTAL AUT��RfYIES. The �olfawing prov�sions relating to governmenta��axes, fees and charges are a part a��his Deed o�Trust: Curren�t Taxes, Fe�s and Charges. �pon �equest lay Lender, Trusto�shail �xecu�e such documen�s in addition to this Deed a�Trust and �ake whatever a�her action is requested by Lender t❑ perfect and cont�nue Lende�`s I�en ❑n the Reai Property. Trustnr shall reimburse Lender �or al! taxes, as described below, tagether vtir�th ai1 expenses incurred in recording, perfec�ing or continuing this ❑eed of Trust, �nciuding without f�mi�a��on all taxes, fees, daGumen�ary stamps, and othe�charges far record�ng or regis�ering�his Deed of Trust. Taxes. The f�llowing shaII canstitute tax�s to which th�s section applies: ��y a specifEc tax upan thfs type of Deed o� Trust or upnn afl ❑r any par� ❑f the �ndebtedness secured by �his �e�d ofi T�-us�� {2� a speci�ic tax an gvrrow�r which Borrow�r is author�zed or required to deduct #rom paymen�s ❑n the �ndeb�edness secured by this type of Deed of Trust; �3} a tax on �his type of Deed af Trust chargeabf� against the Lender ar the halder of th� Note; and {4} � sp�cific tax on al! or any portiQn �� the indebtedness or on payments ❑f prin�ipa� and interest made by Barrower. 5ubsequera� �'axes. I� any tax to which �h�s section applies is enacted subsequent �o the date of this Deed of Trust, this e�ent shali ha�e th� same ef�ect as an E�ent ❑� I�efault, and Lender may exereise any ar a�l af i�s a�ai�abie rem�dies for an E��nt o� De�auit as pro�ided below unless Trus�or either �1} pays the ta� be�ore �t becomes de[inquent, ❑r ��} con��sts the fiax as pro�ided abo�e in the Taxes and Liens section and deposits w€th Lender cash or a suf�i�ien�corpc�rate surety bond or��her security sa��sfactory�o Lender. SECURITY AGF�EEMENT; FINAt1��ING STATEIUlE�VTS. The foliowing provisians �-e�ating t❑ this aeed ❑� Trust as a securi�ty agreement are a part of this �eed of Trust: Securi�y Agreement. This ins�rument shaff consti�u�e a Security Ag�eement �o the extent any of the Property constitut�s fixtures, and Lender shali ha�e a�E o�the rights of a secured party under the Unifarm Commerc�al Code as amended �rom time to time. Security [n�erest. Upon request by Lender, Trus�ar shai! take whateve� actian is reques�ted by Lender t❑ per�ect . and cont�nue Lender`s securi�y interest in fih� Rents and Personai Praper�y. !n add�tion ta recording this Deed af T�-ust in the real property recards, Lender may, at any rime and without �urther au�horization from Trustor, �ile executed cvunterparts, copies or repraductians af �his Deed of Trus� as a �inancing statement. Trustar sha�1 reimburse Lender#or al! expenses incurred in per�ec��ng ar con�inuing this security fn�eres't. Up�n default, Trusta�r sha!! not remo�e, sever ar detach �the PersonaI Proper�y ��om the P�aperty. Upon defauit, Trust�r shaII assemble any P�rsonaf Property nat a��ixed to the Property in a manner and at a place reasonably convenien�to Trustor and Lender and make it a�aE�able to Lender with�n 'three �37 days after rec�ip�t of wri�ten d�mand �ram Lender ta the exten�permitted by applicable law. Addr�sses. The mailing addresses of Trustor �deb�or} and Lender �secured party} �ram v�hich informa�ian concerning the secur�ty �nterest granted by �his Deed �f Trust may be abtained �each as required by the Unifarm Commercia� Code} are as stated on�he first page o�this Deed af Trust. FURTHEFi ASSURANCES; A�TT�RNEY-lN--FACT. The fiollov�ing provisions relating ta �urther assurances and a�tarney-in-fact are a part o�this Deed ❑f Trust: Further Assurances. At any time, and �ram time t❑ time, upon request a� Lend�r, Trustar wi�l make, execute and deli�er, or wil� cause�o be rnade, executed ❑r de��vered, t❑ Lender❑��to Lender's designe�, and �rvhen requested by Lender, cause ta be �i�ed, recorded, ref�fed, ar rereco�-ded, as th� case may be, at such times and in su�h o��es and places as Lender may deenn appropriate, any and ail such mortgages, deeds ❑�trus�, security deeds, security agreements, ��nancing statements, cantinuation statements, instrumen�s �f furthsr assurance, cer�if�cates, and ❑ther dacuments as may, in the so�e ❑pinivn o� Lender, be necessary or desirable in order�❑ ef�ectuate, comple#e, perfec�, con�inue, or prese�-ve ['�) Borrvwer's and Tr-ustar's obligations under �the Not�, �his ❑eed D�Ti'USt, and �he Reiated Dacuments, and ��7 the liens and security int�res�s created by this Deed o�Trus� as first and prior l��ns on the P�-operty, whether now ❑wned or herea�ter acqu�red �y Trust�r. Un��ss prohibi�ed hy 1aw ar Lender agrees �o the cont�ary in writing, Trustor shai! reimburse Lender �o�- a!� costs and expenses incurred in connection with the mat�ers referred to in�his paragraph. Rt�vrney--in-Fact. !f Trus�or�ai�s tv d❑ any af the things re�err-ed t❑ in �he preceding paragraph, Lender may do s❑ far and in the name of Trus�ar and a� Trustor-'s expense. Far such purposes, Trustvr he��by �r�reW�cably appoints Lende�as T�-us�or's attorney--in-fact�or�fihe purpos� ot making, executing, deliver-ing, filing, re�ording, and doing all o�her �hings as may be necessary or desirahIe, in Lender's so�e opinian, �o accomplish the mat�ters referred to in �Che preceding paragraph. FULL PERF�RMANCE. lf Borro�rve� and Trustor pay ali the �nd�btedness, Enc�uding w�thou� limitation all future ad�ances, when du�, and Trus�or o�therwise performs a��the obligatians imposed upon Trustor under this �eed o�Trust, Lender sha!! execute and deli�e� to Trustee a reques� �or �ull recan�eyanc� and sha�l execu�e and deliver tv Trustar suitable s�atemen�s a�termina�ion of any financing statemen� ❑n file ��dencing Lender's security interes�in the Rents and the Personal Property. Any recon�eyance �ee required by �aw shaii be pa�d by Trustor, �f p��mit�ed by appficab�e law. EVENTS OF DEFAULT. Each ❑�the �o�lo�rv�ng, at Lender's option, shall constitu�e an Even� a� ❑efault under�his D��d q�Trust: Paymen�Default. Borrower faiIs�a ma�e any payment when due under the lndebtedness. �ther Defaults. Borrower ar Trustor �a�is to comply w�th ❑r to perform any ❑ther term, ❑bligation, covenant ❑r cflndition �ontained in this Deed of Trust or in any of the Related Documen�s ❑r ta comply wi�h ar ta perfarm any �erm, ob�igation, ca�enant or candition cantained in any other agre�men�between Lender and Barrowe�or Trus�or. - Compjiance Defau�t. Failure t❑ comply with any ather term, ob�igation, covenant or condi��an �on�ained in this Deed a�Trust,the Nate or in any of the Re�ated Documents. Defau�t on ather Payments. Failure ot Trus�or with�n�he�ime required by this Deed ❑�Trust�o make any payment for tax�s ar Fnsurance, or any other paymen�necessary ta pre�ent filing v#o�to e�fec�discharge o�any lien. Faise Statements. Any warranty, representation or statement made �r�ur�nished to Lende�- by Borrav�rer❑r Trustor ar an Bvrrower's or Trus�or's behaff under �his Deed of Trus� or the Related Documents is fa�s� ❑r misleading in any material respect, �ither now or a� �he time made or furnished or �ecames false o� mis�eading at any ��me the�-eaf�er. Defecti�e Callaterali�a�ian. This �eed o� Trus� ❑r any o�F the Related Documen�s ceases �� be in ful� �ror�e and e-��ec� �inc�uding �ailure o� any collateral document ta create a �a��d and per�Fec�ed se�urity in�eres� ar �ien} at any time and for any reason. �nso�vency. The d�ssolution❑r�e�mination ❑�Borrower's or Trustar`s existence as a gving business, �he inso�vency ❑f Bvrrower ar Trustar, �he appain�ment n� a recei�er for any ,nart o� Sorr�we�'s or Trustor's property, any