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2� 1 ��82�4
<br /> L3EED t3F TRUST -
<br /> Loan Na: ��}'1340182 �C�t7t�tlu�d� Page 5
<br /> shall remain in full farce and e�fect until such tim� as Borrower's Indeb�edness shall be paid in tuil.
<br /> CQNDEMNATION, The fvlfawing pro�isions�e�ating to condemna�ion proceedings are a part of this Deed a�Trust:
<br /> Prviceedings. if any prviceed�ng in condemnativn is filed, Trustar shall pramptly nvti�y Lender in writing, and
<br /> Trustar shail pramptly take su�h s�eps as may be necessary to defend the action and obtain the award. Trustor
<br /> may be the nomina� par�y in such proceeding, but Lender shall be entitled ta participate in the proceeding and to be
<br /> repres�nted in the proceeding by counsel o# its vwn choice, and Trustor will defi�er ❑r cause �o be de�i�ered �n
<br /> Lender such instruments and documenta�ion as may be requested by Lender �rom time to t�me to perm�t such
<br /> part�c�pation.
<br /> App[icativn vf Net Proceeds. !f all or any part of the Praperty is condemned by eminent dornain proceedings or by
<br /> any proceeding flr purchase in lieu of condemnation, Lender may at its elect�on require that al� or any portion ❑f the
<br /> net praceeds o� the award be applied t❑ the Indebtedness ❑r the repair or restoration vf �he Prope�-ty. The net
<br /> proceeds �f�he award sha�l mean the award a�ter payrnent of all reasanable �asts, expenses, and attarneys' fees
<br /> in�urred by Trustee or Lender in connect�on with the candemnativn.
<br /> lIVlP4SITIQN QF TAXES, FEES AND GHARCES BY G�iIERNMENTAL AUTH�RITIES. The �ollowing pro��s�ons rela�ing
<br /> ta go�ernmental taxes, �ees and charg�s are a part of this ❑eed af Trust:
<br /> Curren# Taxes, Fees and Charges. llpon request by Lender, Trustor shali execute such documents in additian tv
<br /> �his Deed of Trust and take whate�er other action is requested by Lend�r�❑ perfect and �ontinue Lender's [ien on
<br /> �he Real Praperty. Trustor shall reimburse Lender for all taxes, as described be�ow� tagether with ai� expenses
<br /> incurred in recarding, perfecting or continuing �his Deed o� Trust, including w�thout limitat€on all �axes, fe�s,
<br /> dacumentary s�amps, and othe�charges for recording ❑r registering this Deed of Trust.
<br /> Taxes. The follawing shall c�nstitute �axes to which this sec#ivn app�ies: {1 y a specifi� tax upan this type o€
<br /> ❑eed o#Trust or upon all ar any part of the Indebtedness secured by this ❑eed of Trust; {2� a specific tax on
<br /> Barrvwer which Bv�r�wer is authorized or required to deduct from paymen�s on �he �ndebtedness secured by this
<br /> type af Deed ❑�Trust; �3� a tax on this type o� ❑eed ❑f Trust chargeab[e against the Lender or the holder of the
<br /> Note; and �4y a spe�i�i� tax on alf ❑r any por�ivn of the �ndebtedness or on payments o� principai and interest
<br /> made by Borrower.
<br /> Subsequent Tax�s. If any tax t� whi�h th�s sect�an appl�es is enacted subsequent to the date o� this Deed of
<br /> Trust, this e�ent sha!( ha�e the same effec� as an E�ent o� Default, and Lender may exercise any or all of its
<br /> a�aiiable remedies for an E�ent a� ❑efault as prvvided below unless Trus�vr either {�y pays the tax be#are it
<br /> becomes de�inquent, or tZ� contests the tax as provided abov� in the Taxes and L�ens sectian and deposits with
<br /> Lender cash or a suff�cient corparate surety bond or other security satisfactory t� L�nder,
<br /> SECURITY AGREE1111ENT; FiNANC1NG STATEMENTS. The �a�lawing pro�isions reiating to �his Deed o� Trust as a
<br /> security ag�eement are a par�of this Deed of Trus�:
<br /> 5ecurity Agreement. This ins�rument shall constitute a Security Agreement ta the ex�ent any o# the Property
<br /> �onstitutes fix�ures, and Lender shall ha�e al[ of the rights af a se�ured party under the Uni#orm �ommercial Code
<br /> as amended�rom�ime to time.
<br /> Security �n�erest. Upon request by Lender, Trustor shall take whatever action is reques#ed by Lender t❑ per#ect
<br /> and continue Lender's security int�rest in the Rents and Personal Praperty. in addition �o re�ording this Deed of
<br /> Trust in the �eal property recn�ds, Lender may, at any time and without further authori�a�ion fi�am Trustar, #ile
<br /> executed �ounterparts, copies or reproductions of this Deed of Trus� as a financing s�atement. Trustor shail
<br /> re�mburse Lender for al1 expenses incur�ed in perfecting or continuing this secur�ty �nterest. Up�n defaul�, T�ustor
<br /> shalE nat rema�e, se�er �r detach the Persanai Property #rom the Property. Upan default, Trus�or shall assemble
<br /> any Personal Praper�y nat affixed �o the Property in a rnanner and at a p�ace reasonab�y canvenient to Trustvr and
<br /> Lender and make it a�ailable t❑ Lender within three �3} days ��ter reve€pt of w�itten demand from Lender ta �he
<br /> extent permi�ted by applicable law.
<br /> Addresses. The ma�fing addresses ❑f Trus�or {dek�tor} and Lender �secured party3 frorn which information
<br /> concerning �he security �nteres� granted by this Deed of Trus� may be obtained �each as required by the Unifvrm
<br /> Cammer�ial �ode} are as stated on the firs�page❑f this Deed ot Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-[N-FACT. The #allowing pravisions relat�ng t❑ further assurances and
<br /> attorney-in-fact are a par�af this Deed of Trust:
<br /> Fur�her Assurances. At any time, and f�om time to time, upvn requesfi of Lender, Trustar wii� make, execute and
<br /> deli�er, or wiil cause t� he made, executed or deli�ered, to Lender ar to Lender's designee, and when requested by
<br /> Lender, cause �o be fi�ed, recorded, rsfi�e�i, ar rerecarded, as the case may be, at such times and in such affices
<br /> and places as Lender may deem app�opria�e, any and all such mar�gages, deeds of trust, se�uri�y deeds, security
<br /> agreemen�s, financing s�atements, continuation s�aternents, instruments vf �urther assuran�e, certificates, and
<br /> other dacurnents as may, in the sole opinion of Lender, he necessary or desirable €n order ta effectuate, campEete,
<br /> perfe�t, continue, or preser�e ��y Borrower's and Trustor's abligatians under the Nate, this Deed of Trus�, and
<br /> the Related �ocuments, and �2} the liens and security in�erests created by this �3�ed ofi Trust as first and prior
<br /> liens on #he Property, whether now owned ❑r hereafter acquired by Trusto�. Unless prahibited by law or Lender
<br /> agrees to the contra�y in writing, Trustor sha�l reimburse Lender for all c�sts and expenses incurred in connec�ion
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