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<br /> . DEED �F TRUST
<br /> Lvan Nv: ����94�45 �Cont�nued} Page 5
<br /> 5ur►riva� vf Represen#a#ions and VlJarran�ies. All representa�ions, warranties, and agre�ments made 1ay Trus�or in
<br /> �his ❑eed of Trust shall sur�i�e�he exe�ution and de�i�ery o��his ❑eed af Trust, shall be c�ntinuing in nature, and
<br /> shall remain in full for�e and e��fect until such�tim� as Barrower's Indeb�edness shall be paid in fu�l.
<br /> CDNDEMNAT�ON> The fvllowing p�ov�s�ons �e[ating�o candemnation proceedings are a par�o��his Deed o�Trus�t:
<br /> Praceedings. lf any proceeding Fn candemnation is �i�ed, Trus�or shall prompt[y nv�ify Lend�r in writing, and
<br /> Trustar sha[l pramptly take su�h sfieps as may be necessary to d�fend the ac�ion and ❑b�ain the award. Trus�vr
<br /> may be the nominal parfiy in such proceeding, �ut Lender sha�� be entitled fio participa�e in the proceeding and to b�
<br /> represen�ed in the proceeding by counsef of i�s own choice, and Trustor will deli�er ar �ause tv be deli�ered �v
<br /> Lender such snstrumen�s and documenta�ion as may b� requested by Lender from time �o �time �❑ permit such
<br /> participation.
<br /> Appl�ca��vn v�f Net Prviceeds. �f all ar-any par�v��he Property i� condemned by eminent damain proceedings or}�y
<br /> any praceeding ❑r purchase in lieu af cvndemnativn, Lender may at its ejection require tha�al� or any p�rtivn af the
<br /> ne� pr��eeds �f �he award be app�ied to the [ndeb�edness or the repair ar res�ara�ion ❑�F �he Proper�y. Th� net
<br /> proceeds ❑f�he award shafl mean�he award after paymen� a� afl reasanabl� cas�s, exp�nses, and afi�orneys' �ees
<br /> incurred 1ay Trustee or Lender in connection wi�h�the condemna�ion.
<br /> 1MP�5ETI�N ❑F TAXES, FEES AND CHAR�ES BY G�VERNMENTAL AUTH�R1T1E5. The follawing pra�isions relating
<br /> tv g�vernmenfia[taxes,fiees and charges are a part of this ❑eed of Trust:
<br /> Cur�ent Taxes, Fees and Charges. LJpon request �y Lender, Trus�or shall execu�e such documen�s in addi�ian �❑
<br /> �his ❑eed o�Trust and take wha�e�er ather action is reques�ed by Lender to per�ect and cvn�inue Lender's lien on
<br /> �he Reai Property. Trust�r shall reimburse Lender for all �axes, as described below, toge�her with all expenses
<br /> incurred in recording, per�ecting ❑r continuing �his Deed o� Trust, including withaut limi�a�ion all taxes, �Fe�s,
<br /> dacumentary s�amps, and ❑ther charges for recarding or regis�ering this Deed vf Trus�.
<br /> Taxes. The foi�owing shall constitu�e �axes �❑ whi�h this sectian app�ies: {�} a speci��c �ax upon th€s �ype ❑f
<br /> ❑eed o�Trust ❑r upon all or any par�t ❑�f the �ndebtedness secured by this Deed ❑f Trus�; {Z} a specific �ax ❑n
<br /> Bvrrowe�- which Bvrrower is aufihorized or required �a deduct�rom payments ❑n�he lndehfiedness secured by fihis
<br /> type ❑f Deed ❑f Trust; t3} a�ax an�his ty�e �t ❑eed of Trus� chargeable against�he Lender vr�he h�ld�r ❑f fihe
<br /> Na�e; and �4} a specific �ax nn al� ❑r any par�ion of the Indebtedness or fln paymen�s of principal and in�eres�
<br /> made 1ay Borrawer.
<br /> Subsequent Taxes. ff any fiax to which this sect€on appli�s is enacfied subsequent fio �he date v� �his ❑eed ofi
<br /> Trus�, this e�ent shall ha�e the same e��ect as an Even� o� ❑e�au�t, and Lende� may exer�ise any or al[ of its
<br /> a�ai�ab(e remedies for an E�ent ❑f Default as provided berow un[ess Trustvr ei�her {�} pays the �ax hefore it
<br /> becomes delinquen�, ar �2} �antes�s �he tax as pro�ided abo�e in the Taxes and Liens sec�ivn and depos��s wi�h
<br /> Lender cash ar a su���cient carpvrate surefiy band ❑r other securi�y satis�actory fio Lender. .
<br /> SECURITY AGREEMENT; FINAN�[NG STATEMENTS. The follow�ng provisions refating to this Deed of Trust as a
<br /> secur�ty agreement a�-e a part❑�this Deed of Trust:
<br /> Secur��y Agreement. This instrument shall constitu�e a 5ecuri�y Agreement to �he ex�ent any of the Property
<br /> consti�utes fix�ures, and Lender shall ha�e a�l vf the rights ��a secured party under the LJniform Commerciaf �ode
<br /> as amended firam�time�v�ime.
<br /> 5ecurity In�erest. Upvn reques� by Lender, Trusfior shall fiake whafie�er ac�ion is requesfied by Lender tv perf�c�
<br /> and continue Lender's securi�y in�eres� in the Rents and Persana� Praper�y. In addition t❑ record�ng this I�eed of
<br /> Trust in �he rea� property records, Lender may, afi any time and withaut fur�her autharization fram Trus�or, fil�
<br /> executed cvun�erparts, capies ❑r reprodu�tions of th�s Deed of Trust as a financing sta�emen�. Trustar shal�
<br /> reimburse Lender f�r afl expenses incurred in perfe�tFng or� canfiinuing �his securi�y inter-es�. Upon defaulfi, Trus�or
<br /> sha�� nat remove, se�er or detach �he Personal Property from the Proper�y. Upon de�faul�, Trus�or shall assemble
<br /> any Personaf Property not affixed ��the Praperty in a manne� and at a place reasvnably �on�enient fio Trustar and
<br /> Lender and make �t a�ailalale to Lender within three �3} days afker r�ceip� of w�-i�ten demand -�rom Lender �❑ the
<br /> extent permitted by appli�able law.
<br /> Addresses. The mailing addresses v� Trus�vr �deb�or} and Lender �secured par�y} �rnm whi�h informatian
<br /> concerning the se�uri-�y int�rest granted by this Deed af Trus� may be olatained �each as required i�y fihe Unifarm
<br /> Commercial Code} are as s�a�ed on�he first page of fihis ❑eed a�Trusfi. ,
<br /> FURTHER ASSUFiANCESi ATTDRNEY-IN-FA�T. The follawing pro�isians rela�ing to �urfiher assurances and
<br /> attvrney--in-fact are a par�af this ❑eed vf Trust:
<br /> Further Assuran�es. Afi any time, and �ram time to�ime, upon request of Lender, Trustar wi�� make, execu�e and
<br /> deli�er, ❑r will cause fia be made, ex��uted ar de�i�ered, ta Lender or to Lender's designee, and when requested by
<br /> Lender, �ause tv be filed, recorded, re�i�ed, ❑r rerecorded, as the case may be, a�such times and in such o�ffices
<br /> and p[aces as Lender may deem appropriate, any and all such martgag�s, deeds o��rus�, security deeds, securi�ty
<br /> agreements, �inancing s�tatements, c�ntinua�ian s�a�ements, instruments of further assurance, �er�ifiGa�es, and
<br /> a�her dacuments as may, in the so�e apinion of Lender, be necessary or desirable in order t❑ ef�ec�ua�e, complete,
<br /> perfiect, continue, ❑r preser�e {1� Borrawer`s and Trustor-'s oi�ligations under the Note, th�s fleed vf Trust, and
<br /> �he Rela�ed Documents, and �2� the I�ens and security inferes�s crea�ed by this Deed ❑f Trus� as firs� and prior
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