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2� 1 ����41
<br /> DEED �F TRUST
<br /> Lvan �a: 'I�'I Z9837f ��ontrnued� Page 5
<br /> No Modifica#ion. Trus�vr sha[I nof enter intv any agreement with the hvlder o� any mor�gage, deed nf trust, or
<br /> o�her se�urity agreement which has priority ❑�er this Deed ❑f Trust by which that agreem�nt is madified,
<br /> amended, extended, or renewed withvut the prior writ�en consent o� Lender. Trus�or shail neither request nor
<br /> accept any fiuture advances unde�r any such securi�y agreement wifriout�he privr wri#ten consenf of Lender.
<br /> CDNDEMNATIDN. The fiollvwing pra�isivns re�ating to condemnation p�-oceedings are a part❑�this Deed af T�-us�:
<br /> Proceedings. lf any proceeding �n condemnation is �i�ed, Trus�or sha[! promp�[y notity Lender in writing. and
<br /> Trustar shall promptly take su�h steps as may be necessary tv de�end the action and obtain the award. Trustvr
<br /> may be the nominal par�y in such proceedEngf but Lender shal[ be entitled to par�i�ipate in the praceeding and to be
<br /> represented in the pro�eeding by counsel of its awn choice, and �rrustvr wil[ deli�er vr cause �a be deli�ered to
<br /> Lender such Enst�-uments and documen#ation as may be requested by Lender f�rvm time to time ta permit such
<br /> participation.
<br /> AppIication of Net Proceeds. [f a[f or any part of the Property is condemned by eminen#dvmain proceedings or by
<br /> any praceed�ng �r pu�-chase in lieu of condemnation� Lender may at i�s election require�hat all or any partEon of the
<br /> n�t pr�ceeds o� the award be applied ta the Endebtedness or �he repair or restarativn of th� Property. The nefi
<br /> proceeds of the award shall mean �he award after payment ofi al� r�asvnable cvsts, expenses, and attorneys' fees
<br /> incur�ed by Trustee or Lender in connection with the condemnation.
<br /> 1MPDSITI�N DF TA�ES, FEES AND CHARGES BY G�VERNMENTAL A�UTHOR�TIES. The fo�lowing p�o�isions rela�ing
<br /> tv go�ernmen�al taxes, fees and charges are a par�❑f this ❑eed of Trust:
<br /> Current Taxes, Fees and Charges. Upon request by Lender, Trustflr sha[I exe�ute such documents in addition to
<br /> this Deed o�Trust and take wha�e�er❑ther action is requesfied by Lender t❑ perfec� and continus Lender's lien an
<br /> the Reaf Property. Trustar sha�l reimburse Lender for a[l taxes, as described below, togefiher with all expenses
<br /> incurred in recvrding, per�Fec#ing ❑r cvntinuing this Deed of Trus�t, including withou� iimitation afi tax�s, fees,
<br /> do�umentary stamps, and other charges for recording vr reg�stering this Deed v#Trust.
<br /> Taxes. The following shall canstitute fiaxes to which this secti�n app[ies: �'[� a specifEc tax upon this type vf
<br /> ❑esd af Trust ar upon a[f vr any part of�he Endebtedness secured by �h�s Deed of Trus�; �2} a specific tax vn
<br /> Trustvr whi�h Tr-ustor is authorized or required to deduct from payrnen#s ❑n th� Indebtedness secured by this type
<br /> o� Deed vf Trust; �3� a tax❑n this type af Deed ❑f Trust�hargeal�Ie against the Lender or the hoider o�r the Note;
<br /> and t4} a specifE� tax an a[[ ar any por�ian of the [ndebtedness or on payments of principaE and interest made by
<br /> Trustor.
<br /> 5ubsequ�n# Taxes. If any �ax to which this section applies is er�acted subsequen� ta fihe dafie o� this De�� of
<br /> Trust, this e�ent shalf ha�e the same effect as an E�en# ❑f fletault, and Lend�r may exercise any or all ❑# its
<br /> a�ailable remedies far an EWen� ❑f Defau[t as pro�ided below unl�ss Trustor either {�} pays �he �ax before it
<br /> becom�s delinquent, or t2� contests the tax as pro�ided abo�e in �he Taxes and Liens seGt�vn and dep�sits with
<br /> Lender cash or a sufficient corporate surety bvnd ❑r other security ca�isfactary to Lender.
<br /> SECURITY AGREEMENT; FINANCIN� STATEMENTS. The to�lowing ��ro�isions relating ta this ❑eed af Trust as a
<br /> security agreement ars a pa�-t of this ❑eed of Trust:
<br /> Security Agreement. This ins�rument shall constitute a Secur�ty Agreement #o the exfient any o� the Praperty
<br /> constitutes fixtures, and Lender shall ha�e all of the righ�s of a secured party under the Unifarm CommerciaE Cade
<br /> as amended from time fiv time.
<br /> 5ecurity In�eres#. Llpon request by Lender, Trustor shali take whate�er action is request�d by Lender fia perfect
<br /> and continue Lender's securi�y interest in �he Rents and Persanal Property. In addEtion to �ecording this Deed ❑f
<br /> Trust in the rea! property records, Lender mayr at any time and withaut further autha�-ization fram Trust�r, file
<br /> execu�ed coun�erparfis, copies vr reprvduGtions of fihis Deed of -rrust as a financing statement. Trusfiar shal!
<br /> reimburse Lender for aIi expenses incurred in perte�ting or continuing this security inter-�s�. Upvn defau[t, Trustor
<br /> shall not rema�e, se�er ar de�Cach the Personal Praperty fram the E'roperty. Upvn defau��, Trusfior shalf ass�mble
<br /> any Pe�sonaf Property nat affiixed tv the Proper�y in a manner and at a place reasonahly cvnven�ent fi❑ Trustvr and
<br /> Lend�r and make it a�a�fable tv Lender wi�hin th�-ee �3� days af�er r�ceipt o� written demand �rom Lender to the
<br /> extent permitted by app[icable law.
<br /> Addresses. The mailing addresses of Trustar �debtor} and L�nde� {secured partyy from whi�h in#vrmation
<br /> concerning the securi�y interes� granted by this Deed of Trust ma�� be obtained �each as required by the Uni�orm
<br /> �ammercial Code} are as stated on the firs�page❑f this Deed ❑f Trsast.
<br /> FURTHER ASSURANCES; ATTDRNEY-lN-FACT. The �ollowing pr{���sians relating to further assurances and
<br /> attarney-in-fact are a part of th�s Deed❑f Trust:
<br /> Further Assurances. At any tEme, and from time to time. upvn request of Lendsr, Trus�or will make, execute and
<br /> deli�er, or will cause to be made, executed or deli�ered, to Lender❑r tv Lender's designee, and when reques#ed by
<br /> Lender, cause to be filed, recorded, refiled, ❑r rerecorded, as fihe t:ase may be, at such t�mes and in such vffices
<br /> and p3aces as Lender may deem appr-apria#e, any and all such mor�Egages, deeds ❑#frust, security deeds, secur�ty
<br /> agreements, financing statements, continuafiion sfiafiements, instr�.�ments of further assurance, certificates, and
<br /> other dvcuments as may, in the so[e opinion of Lender, be necessary or desirable in arder t❑ �ffectuate, complete,
<br /> perfect, continue, or preserve ��y Trustar's ob[igations unde� �he Not�, this Deed af Trus�, and the Rela�ed
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