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2� 1 ��838�
<br /> ���� �� �����'
<br /> ���� ��0 1�������� �����o����l� ���� �
<br /> interests may ap�ear.
<br /> LE6�D�R'S E�C�Ef��ITURES. 1f Trustor fails {A} t❑ keep the Praperty ��ee of all taxes, liens, security interes�Cs,
<br /> encumbrances, and ❑ther claims, �B} to prv�ide any required insuran�e on the Property, ar �G� �a make repairs ta �he
<br /> Praper�y �hen Lender may do so. if any ac�ion �r prviceeding is commenced that w�uld materially affect Lender's
<br /> in��rests in th� Property, �hen Lender an Trustar's i��half may, but �s no� required �a, take any ac�i�n that Lender
<br /> belie�es to be appropriate to protec�C LEnder's interes��. A�1 expenses incur�ed or paid by �.ender for su�h purpases will
<br /> �h�n bear interes�a�the rate chargEd under the Na�e�rom#he date incurred ar paid by �.ender�a the da�e t��repayment
<br /> by Trustor. A[I �uch expenses wiil become a par�a�'�he lndebtedness and, at Lender'� aption, vvill �A� he �ayable nn
<br /> demand; (B� be added ta the balance af the Nv�� and he appar�ioned am�ng and be payable with any ins�allmen�C
<br /> payments to becvme due during either {�} th� rerm af any applicable insuran�e policy; ar ��� the rema�ning �erm a�
<br /> the Not�; vr �Cy be treated as a ballavn payment which will be due and payable at th� Note's maturity. The Deed af
<br /> Trus� aiso wi[t secure paym�nt ❑f these amounts. The rights pro�ided �or in �his paragraph shall be in addition ta any
<br /> other rights ❑r any remedie� �o which Lender may be entitled on account of any default. Any such action��y Lender
<br /> shal� not be construed as �uring the defiault so as tn bar Lender�rvm any remedy that it��herw�se would ha�e had.
<br /> �AIRRANTY: Q�FE�15E QF TiTLE. The�ollov�ring prov�s�ans rela�in���a v�vnership o��he Pro�er�y ar� a part a�'�his Deed
<br /> v�Trust:
<br /> T��I�. Tru��Cor warrants tha�; {a} Trus�or ha[d� good and mark��able trtie o� re�c�rd t❑ the Pr�per�y in �ee simpEe,
<br /> �ree and clear v� all liens and encumbrances �a�her �han those set for�h in the R�al Pr�p�rty descriptEan vr in any
<br /> titie insurance palicy� �f�IP report, ar �inai ���le ❑pinion issued in fa�vr of, and accep�ed by, Lender in conne�tian
<br /> with�his Deed �f Trust, and �b� Trustor has th�fiull right, po�rer, and autharity to execute and deli�er�his Deed a�
<br /> Trust to Lender.
<br /> []e�ens� o�T'��i�. 5ubject tca the exce�tian in �he paragraph aboue, Trustar �rvarrants and wil! fore�er defend �he
<br /> titte�a '�he Property agains�the lawful Glaims af all persans. In the e�ent any aetion or proGeeding i� cammenced
<br /> that questions Trus�or's t�tle or the int�rest of Trus��e ❑r Lender under this Deed o�Trust, Trustar shalE defend the
<br /> action afi Trustor's expense. Trus�or may b� the naminal party in �uch proceeding, but Lender shall be entitied to
<br /> par�ici�aat� in �h� proceedin� �nd tv be repre��r��ed in th� prac�eding 1�y counsel ❑� Lender's ❑wn choice, and
<br /> � Trustor will d�Ii�er, vr cause�Q lae deli�ered, �� Lender such ins�ruments as Lender may request�Frvm �ime �o�im�
<br /> ta permi�such par'�i�ipation.
<br /> Comp[���c� Vili�h L��►vs. �`rustar warran�s that �he Proper-�y and Trustor's use af the Pr�per�y complies wi�h all
<br /> existing applicable laws, vrdinances, and regulations a�go�e�-nmen�al authorit�es.
<br /> Su��i�ai a� Promis�s. AE� promises, agr�ements, and statements Trustor has made in thi� �eed o# Trust shall
<br /> sur�i�e �he e�ecu�ivn and deli�ery v#this Deed o�Trust, shall be continuing in nature and shall remain in fui� �orce
<br /> and effect unti!such�ime as Trus'�or's Indebtedness is p�id in#ull.
<br /> GUf��EMi�A�`I�i�. T�e following pr��isions relating�a condemnativn prac�edings are a par�o�this ❑eed o�Trust:
<br /> P�viceedinc�s. l� any pro�e�ding in condemna�ir�n is filed, Tru��ar shall �rom��tly notify Lender in wri�ting, and
<br /> Tru�tor �ha!! promptly take such steps as may be ne�essary �a d�fend the action and obtain the award. Trustor
<br /> may be the naminal party in�uch prviceedsnc�, but Lender shal� be�ntit[ed�o participate in the praceeding and t❑ he
<br /> represented in the proceeding by counse� a� its own chaice, and Trustor will deli�er ar cause t❑ be deli�ered �o
<br /> Lender such instruments and doc�mentation as may be requested by Lend�r from t�me �o �ime to permit such
<br /> participa�ion.
<br /> Appli���ion of�et��oce�ds. If a�! ❑r any part�f the Prop�rty is GQndemned i�y eminent dvmain proceedings or by
<br /> any praceeding or purchase in lieu of Gnndemnativn, Lender may a�its e�ection require�ha�all v� any portian of the
<br /> ne't prc�ceeds ❑� the award b� applied to �he Indeb��dness or �he r�pair or res�ora�ican v� the Proper�y, The net
<br /> pr�ceeds of�he award shall me�n the award �f��r �aym�nt o�a�� re�sonab�e c�s�s, expenses, and a��orneys' fees
<br /> incurred by Trustee or Lender in connection w�fih the condemna�ior�.
<br /> lf1�PaS1T'ED� ❑F TA�CES, FEES Af�D CHAF�GES �Y GD!lERN�fiE�T'AL �UTH�RlT1E�. The �o�fowing �ra�isions rela�ing
<br /> �o gv�ernm�n�al�axes, fees and �harges are a par�o�this Deed o�Trust:
<br /> Cur��n#T��es, Fees �n� Charges. Upon request by Lend�r, Trus�or shal! exeGute su�h documen�s in add�tion to
<br /> this ❑eed a#Trust and take vvha�e�er o�h�r a��ion is reques�ed by Lender ta per���t and can�inus Lender's lien on
<br /> the Real �r�per�y. Trustor shall reimbu�se Lender for ali ta�es, as des�rib�d b�low, toge�her with a11 expens�s
<br /> incurred in reca�-ding, perfecting or continuing �his Deed ❑f Trust, including w�thaut limi�ation all �axes, fees,
<br /> docum�ntary s�amps, and other charges#or re�arding ar registering�his ❑eed ot Trus�.
<br /> T�xes. The �allowing shall cans�i�u�e tax�s �a whiGh this S�G�ion �pplEes: {1} a Speci�ic �tax up�n '�his �ype c�#
<br /> Deed of Trus� or upon all ar any par� af the lndebtedness seGured by this ❑e�d a�Trust� t�y a specific tax an
<br /> Trustor whi�h Trustor is au�hori�ed ❑r requir�d �ta deduct from ��ymen�s on the tndebtedness secured by this �ype
<br /> ofi Deed a�Trust; �3y a�ax on this type vf peed o�Trus� chargeabie against�h� Lender or th� h�lder of th� Na��;
<br /> and {4f a speci�ic tax on a!i or any portion nf the Indebtedness or on payments a� principal and interest made by
<br /> Trus�or.
<br /> Su�sequen� T�xes. If any tax �o r�rhich this sec�ion appli�s is enacted subsequent to the date of thi� Deed of
<br /> Trust, �his event shall ha�e the same effect as an E�en� afi DetauEt, and Lender may exercise any ar a�l o'� its
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