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2� 1 ��8��3 <br /> aEED �� TRU�T <br /> Lvan Na: '1 D"13��59� {�c��tinued� Pa�e 4 <br /> int�rests may appear. <br /> LENL�EI�'S EXPEi1�DITURE�. It Trus�or fails �A} to kee� �he Pr�perty �ree vf a11 �axes, li�ns, securi�y interests, <br /> encumbrancesr and o#her claims, ��3} �o pra�ide any required insurance an the Prvperty, ar {�� to make repairs to the <br /> Prvperty then Lender may d❑ so. i� any ac�ion or proc�eding is �omm�nced �hat vuould mat�rially affect Lender's <br /> interests in �he Property, �hen Lender on Trustvr's behaff may, bu� is no� requi�red �o, take any acti�n tha� Lender <br /> be�ieves to be appropriate ta pratec�Lender's interests. A[[ e�penses incurred ❑�' paid by Lender�or such purpases will <br /> then k��ar interest a�the r��e Gharged under�he Not�trom the date incurred or paid hy Lender�o the da�e ❑f repaymen�t <br /> by Trustor. Al) such expen�es will be�om� � part Qf the Indeb�edness and, at Lender's ❑p�ion, will �A} b� pay�bl� ❑n <br /> demand; �g� be added to �he balance o� th� Note and be appvrtianed among and be p�yabE� wi�h any ins�a!{ment <br /> paymen�s tv becvme due dur+ng �ither [�� the term �� any applicable insurance pvlicy; or {2� the remaining term af <br /> th� No�e; or �C� b��rea�ed as a ballaon paymen�vvhi�h wiEl be due and payahle at�he Note's ma�urity. The G�eed af <br /> �rus� afso wi�� seGure payment o��hes� amoun�s. The rights pro�ided for in this paragraph sha[E be in additian �v any <br /> ❑th�r r�ghts vr any rem�dies �o which Lender may be �nti�led on accoun�C o� any default. Any such �ction by L�nder <br /> shaf� no�be construed as curing�he default so as to bar Lender�ram any remedy�ha�i�ath�rwise would ha�e n�d. <br /> V�ARR►Al1ITY; DEFENSE�F TITLE. The fvlla�rving pra�isions r�la�in�ta awnership 4�F�h� Prnperty ar�a part of�h�s Deed <br /> ot Trus�: <br /> Title. Trustor warran�s tha�: �ay Trus�ar halds g�od and marketable title af record �o �he Proper�y in fee simp�e, <br /> �ree and clear fl� all liens and encum�rances v�her than thos� set�vrth in the Real Property descriptivn vr in any <br /> title insurance pviicy, titl� repvrt, or �ina� title opinivn issued in �a�or �f, and accep�ed by, Lender in connectifln <br /> wi�h this Deed v#Trust, and �b} Trustar has the�Full righ�, paw�r, and au�hori�y�a execute and deli�er�his Deed of <br /> Trust-�o Lender. <br /> De�ense af Ti�ie. 5ub�ec� �a �he exeeptian in the paragraph abo�ef Trus�vr warrants and will �are�er d�fend the <br /> tit�e tv th� Praperty against the law�ul claims of ai� persvns. In �he e�ent any actian ❑r prace�ding is commenced <br /> that ques�ions Trust�r's t�#fe❑r�he infierest❑f Trus�ee or Lender under�his Deed of Trust,Trus�or shall de��nd the <br /> ac�ion at Trustor's e�pense. Trustor may be �he nominal par�y in such p�oce�ding, �ut Lender shall be enti�led ta <br /> partt�ipate in the proceeding and �v 1�� represented in �he proceeding by counsel v�r Lender's own choi�e, and <br /> Trustor will deliver, or�ause to be deli�ered, ta Lender such instrumenfis as Lender may request�rom�ime to time <br /> to permit such par�icipation. <br /> Camp�iance 1�Vith Law$. Trus�or warran�s �ha� the Prvper-�y and Trus�arrs use v� the Prr�perty �omplies wi�h a!! <br /> ��cisting applicahle f�ws, ordin�n�es, and regula�i�ns flf ga��rnmental au�hortti�s. <br /> 5urvival of Prom�ses. All promises, agreements, and s�a�emen�s Trusto� has made in �his C]e�d v� Trust shall <br /> sur�i��the execu�ian and deli��ry a�this Deed ❑f Trust, shai� be continuing in na�ure and shali r�main in#u�i �vrce <br /> and effec�untiS such�ime as Trus�or's�ndebtedness is paid in#ul�. <br /> GC�NDEMNAT[{�N. Th��v�i�w�ng pro�ision� relating tv cvndemnation proce�ding��re a par�a�this De�d❑f Trus�: <br /> Prviceedings, lf any praceeding in condemnatian is �iled, Trus�or sha!! promptly noti�y Lender in writing, and <br /> Trustar shall pramptly �ake such st�ps as may be necessa�y to defend the activn and obtain th� award. Trus�ar <br /> m�y be th� nvminal �ar�y in such�roceeding, but Lender sha��be enti�led to �arti��pate in�he p�o�eeding and�o be <br /> represen�ed in the praceeding loy counse� of its own choiGe, and Trustvr vUill deli�er ar cause �Q b� deli��red to <br /> Lender �uch instr�men�s ar�d dacumentatian as may I�e requested by Lender �rflm �ime to tim� to permit such <br /> participation. <br /> Appli�a�ion of Net Proce�ds. l�a!� or any part o�the Proper�y is condemned by eminen�damain prviceedings or by <br /> �ny prace�ding or purGhase in li�u�f candemnatiqn, Lend�r may at i�s elec�ivn requ�re th��all or any portivn o�the <br /> net prac�eds of �he award be applied �to �he Indebtedness or the repair or restoration of the Proper�y. The net <br /> pro�eeds af the award sha�I mean the award after payment nf a�i reasonable Gosts, expenses, and attorneys' fees <br /> incurred k�y Trus�ee or Lend�r in�annec�ivn with the candsmnation. <br /> 1MPD51T��N C]�TA�iES. FE�S AND CHARGE� BY ��VERNMENTAL AUTH�R�T�ES. The follt�wing pr�a�isions rel�ting <br /> tv�v�ernmen�al taxes,��es and charges are a par�c���his Deed o�Trust: <br /> Curr�nt Taxes. Fees and Charges. Upan reques� by Lender. Trustar shall exe�ute su�h documents in additian to <br /> this Deed ��Trus� and take whate�er o�her ac�ion is requ�sted by Lend�r t� perfec�and cantinue Lender's [ien on <br /> the Rea[ Prvper�y. Trustc�r sh�ll reimbur�e Lende� ��r all taxes, as described below, �age�her ►►vith all eacp�nses <br /> incurred in recc�rd'rng, per#eG�ing o�- cantinuing �his Deed v# Trus�, including wEthvu� limita�ivn all �ax�s, �ees. <br /> documen�ary s�amps, and v�her�harges�or recarding❑r regis�ering�his Deed of Trust. <br /> Taxes. The �vllvwing shall cans�itute taxes to which �h'ts sectian appiies: ��} a specifiG �ax upan �hi� �ype o� <br /> Deed of Trust or upvn all Qr any par�k of the lndebtedness secured k�y this ❑eed a� Trus�; {�} a specifi� ta�c on <br /> T�us�or wMich Trustor is autharized vr required tt�deduc�fram paymen�Cs vn the lndebt�dness seGur�d by this�ype <br /> ot Deed v�Trust; ��� a tax vn this type of Deed ❑f Trust chargeable agains��he Lender or the h�lder o��he No�e; <br /> and {4� a speci-�ic tax on aE� or any par�ivn o�the lndebtedness or an payments of principal and int�rest made by <br /> Trusto r. <br /> Subsequen� Taxes. I-� any tax tn which this seG�ion appiies is enac�ed subsequent ta �he da�e o� this Qeed af <br /> Trust, �his eWent shall ha�� �he same e�te�� aS an E�en� of ❑e�aui�, and L�nder may �x�rcise any vr all ❑f its <br />