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2� 1 ��313� DEE[] �F �'RLJST Loan No: '1�'1�958�� {��nti�:�ed� Page a participa�� in the proceed�ng and to be �epresent�d in th� proceeding by caunse� of Lender's own chaice, and Trustor wiil del��er, or cause�a �e deliv�r�dP �❑ Lend�r such instruments as Lende�-may request from time �v time to permit such participation. CompfianG� Vllith Laws. Trustar warrants that the Prvperty and Trustor's use afi the Property camplies with all existing appjicable laws, ordinances, and regulations of gvvernmental authorities. SurviWa� af Representations and Warranties. A!� represe�ntati�ns, warranties, and agreements made by Trustor in this D�ed of Trust shall survi�e�he �xecution and deli�e�ry�f this Deed o�Trust, shall be continuing in nature, and shail remain in full�vrce and efifect until such time as g��rvwer's lndebtedn�ss shall be paid in�ul�. E�CiSTlNG INDEBTEaNESS. The following pr��isions cancerning Existing Indebtedness are a part o��his Deed af Trust: Exis�ing Lien. The lien vf this ��ed of Trust s�curing the Ind�bfiedness may be secandary and in�erivr to an existing lien. Trust�r exp�essly ��enants and agrees to pa}r, or see to �h� payment of, the Existing Indeb�edness and to preWent any defau[t on such ind�btedn�ss, any de�aul�und�r�h� instruments e�idencing su�h indehtedness, or any default under any security documents for such indebtedness. No Mvdi�icatian. Trusta� shall no� enter intfl any agreement with the holder af any mortgage, deed of trusf, or vther security a�reement wh�ch has priori�y over this Qeed v� Trust by which �ha� agreement is madi�i�d, amended, ex�ended, or ren�wed without the prior writ�en consent of Lend��. Trustar shall neither request nor accept any future ad�ances under any such security agreement�rvithout the prior writt�n cansen��f Lender. CaNDEIVENATI�N. The followin� pro�isians relating ta cond�xr-�nati�n prace�dings are a part o�this Deed of Trust: Pro�eedings. It any proce�ding in c�ndemnation is fi�ed, Trustor sha�l promptly notify Lender in writing, and Trustor shall prompt[y �alce su�h steps as may be ne�essary ta defend �he ac��on and abtain the award. Trustar may be the n�mina� par�y in such pr�ceedin�. but Lender shal! be entitled to par�ti�ipate in the proceeding and to be repres�nted in the proceeding by counse[ Qf its �Uvn chflice, and Trus��r will deli��r or cause to be deEivered to Lender such instrumenfs and da�umentation as may be requested hy L�nder from time to time to permit suGh participation. Applicativn �f Nefi Praceeds. If al� �r any part❑�F the Pro�erty is condemned by eminent domain proceedings or �y any proceeding or purchase in lieu�f condemnativn� Lender may at i�ts election require�rhat a�l or any porti�n af the net proceeds of the award �e app�ied to the Indebtedness Qr the repair or res�kvration vf the Property. The net proce�ds o�th� award shall mean the award afiter payment of al� reasonable Gos�s, expenses, and a�torneys' fees incur�ed hy Trustee or Lender in connectian vvith the condemnation. IMP�SIT��N QF TA�ES, FEES AND �HARGES BY G�VERN�V[ENTAL AUTH�RITiES. The foflo�rving pro�isions r�[a�cing t�governmental taxes, ��es and charges are a part of th�s Deed o�Trust: Current Taxes, Fees and �harges. LJpon request by Lender, Trustor shall execute such documen�s in additivn to this Deed of Trus� and �ake whate��r other acti�n is requested by Lender ta perfect and continue L�nder's lien ❑n the Real Property. Trustor sha�l reimburse Lender �or aiE taxss, as described below, �ogether wi�h all expenses in�urred in recvrding, perfe�ting ar c�ntinuing this Deed af Trust, including without limi�ation all �axes, �ees, dacumentary stamps, and �ther charges�or recar�ling �r registering this Deed o�Trust. Taxes. The �oll�wing shall �onstitute �axes to whi�h th�s section applies: t 1� a specific �ax upon this type of Deed of Trust or up�n ali flr any part ❑f the Indeb�edn�ss secured by �this �eed of Trust; �� a specific tax on Bnrrower which Borrower is author�zed or re�uired to deduct frvrn payments ❑n the Indebtedness �ecured hy this �ype �� De�d o�Trust; �37 a �tax an this type vf ❑eed v�Trust chargeab[e agains�t�he Lender ar the hvlder o��he Nate; and �4} a specific tax ❑n ai! �r any p�rtion of th� Indebtedness �r on paymen�ts o� principal and �nt�r�st made by Borrower. Subsequen� Taxes. If any tax to which this section applies is enacted subsequ�nt ta the date af this Deed o# Trus�, this e�enfi shali ha�e the same effect as an Event of D�fault, and Lender may exercise any or a!I of its a�ai�able remedies for an Event of aefau�t as pro�ided be�ow un��ss Trustor ei�her �1� pays �khs tax �efare it b��omes delinquenf, or {Z} cantests the tax as pro�ided ab��e in fihe Taxes and Liens sectian and deposits with Lenc�er cash or a suffic�en�c�rpora�e surety bond or other securi�y sat�sfac�ory to Len�ler. SECURITY A�REE1`ilENT; FINANCIIVG ST�ITEMENTS. The fallowing pro�isians rela�ing t� th�s Deed of Trust as a security agreemen�are a part ofi this Deed❑�Trust; 5ecurity Agreem�nt. This �nstrument sha�i constitu�e a 5ecuri�y Agreement to the extent any of the Property c�nstitutes fixtures, and Lender sha[� have all of the rights of a secured party under the Uniform Commercial Code as amended�ram time�o�ime. Secur'rty �nterest. Upon request by L�nder, Trus�or shalf tak� wha�ever acti�n is re�uested by Lende� to perfect and cantinue Lender's security interest in �h� Ren�s and P�rsonal Property, In addition t❑ recording this Deed af Trust in the real property recards, Lender may, at any time and w�thout fur�her authorization fram Trustar, �ile exe�uted counterparts, copies or r�producti�ns of this Deed of Trus� as a financing statement. Trustor shalI reimburse Lender fo� all exp�nses incurred in per�ec�ing or cnntinuing this security in�erest. llpon defaul�, T�us�or shai� no� rem�ve, s��er or detach �he Personal Property from the P�operty. Up�n defiaul�, Trustor shalf assemble any Persnnal Proper�ty not af��xed to the Property �n a mann�r and at a place r�asonably c�n��nient to Trus�or and