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2� 17���81
<br /> �EEC] �F T��J�T
<br /> L�an No: "i��3�'I U�7 ����tri���d� �'age 5
<br /> Prv�eedings. If any praceeding in condemnation is �i�ed, Trustar shall pramptly n��ify Lender in writ�ng, and
<br /> Trustflr shalf prvmptly take such steps as may be necessary ta defend the activn and o�tain the awar�l, Trus�or
<br /> may be the nvminal p�rty�n such proceeding, but Lender shall be entit�ed t❑ participa�e in the pro�eeding and ta be
<br /> represented in the praceeding by counsel ofi its awn chaice, and Trustvr wi�l deli�er ar �cause to be deli�ered to
<br /> Lender such instrumen�s and docum�ntati�n as may be reques�ed by Lender �ram time ta tim� to permit such
<br /> participa�ion.
<br /> Application af Net Proceeds. If all or any part❑�the Prvperty is c�ndemned by eminen'�dam�in proceedings or by
<br /> any proceeding or purchase in lieu❑f�andemna#ion, L�nder may at its electivn require�ha���� ar any portion n�the
<br /> net praceeds of the award be applied to �he [ndebtedness ❑r th� repair ❑r restoration of the Property. The net
<br /> praceeds of�he award sha[[ m�an �he award af�er paymen� �f a�l reasvnab�e cos�s, exp�nses, and attvrneys' fees
<br /> incurred by Trusfee vr Lender in connectian with�he condemnatian.
<br /> [�1IP�5lT1QfV ❑F TAXES. FEES AND CHARGES BY GnVERIVI'�ENTAL AUTHORIT[E5. The �allowing pr��isivr�s relating
<br /> �❑ go�ernmental taxes, fees and charges are a part v��his ❑eed of�Trust.
<br /> Gurrent Taxes. Fees and Charges. lJpon reques�t �y �ender, Trustvr s�all ex�cute suGh do�umen�s in addi�ivn to
<br /> this Deed ❑f Trust and take wha�ever o�her action is re�uested by Lender fia perfec� and con�inue L�nder's lien on
<br /> the Real Praper�y. Trus�kor �hal[ reimburse Lender for al� taxes, as described below, �agether with ali expenses
<br /> �ncurr�d in recarding, perf�cting or continuing this ❑eed af Trust, including without limi�ation all taxes, #ees,
<br /> da�umentary s�amps, and ❑�her charges�vr reco�ding ar r�gistering this Deed �f Trust,
<br /> Taxes, The follawing sha[I canstitute taxes tn rrvh�ch �his sectian app�ies: �'�} a speci�ic �ax upon this type of
<br /> C]eed vf Trust or upan a(� ar any par� �� �the Indebtedness secured by �his ❑eed of Trust; ��� a specifi� fiax on
<br /> Bvrrower which Borrower is authori�ed ar re�uired tv d�ducfi firvm paymen�s �n the Indebtedness secured by tl�is
<br /> type ❑f Deed of Trust; �3� a tax on this t�pe of D�ed af Trus� chargeable �gainst the l.ender ❑r the hafd�r vf �he
<br /> Nate; and �4� a spe�ific tax on a[I ar any por�ion af the lndeb�ednes� or on paymen�s af principal and �nterest
<br /> made by Btirrawer.
<br /> Sub��quent Taxes. If any tax to rrvhich �his section applies is enacted subsequen� tv th� date ofi this Deed of
<br /> Trus�, this e�en� sha(� ha�e �he same e��e�t as an E�ent �� D��fautt, and Lender r�ay exercise any or all of its
<br /> a�ailable remedies far an Euen� o� default as provided beivw unless Trus�tar �ith�r ��} pays,�he �a� be�are ifi
<br /> becames a�elinquent, or �2� cantests the tax as pra�ided aba�e in th� Taxes and Liens sectian and depos�ts wi�h
<br /> Lender�ash ar a su#ficient carporate surety band nr other secur�ty satis#actory to Lender.
<br /> SEGURITY AGREENIEIVT; F1NI�fVC�1VG STATE�IJIEIVTS. The �v�lowing pro�isions relating �ta �his Deed a� Trust as a
<br /> s�curity agre�m�n� are a part n�this Deed af Trust:
<br /> 5ecur�ty Agreement. This instrumenx sha�i constitute a Security Agreemen� to the �x�t�nt any af �he Prape�ty
<br /> �vns�itu�es fix�ures, and Lender shall ha�e a11 ❑��h� rights o#a secured �ar�y under�he Uni#arm Gommercial �ade
<br /> as amended frvm time�v time.
<br /> 5ecur'r#y lnteres�. Upon reques� hy Lender, Trustor shall �ake wha�e�e� ac�tion is requested by Lender �a perfiect
<br /> and con�inu� Lender's se�urity in�erest in the Ren�s and Persona! Praperty, ln addit�on t� recording this D�ed of
<br /> Trust in the reaf properfiy recards, Lender may, at any time and wi�hQut �ur�her auth�riza�i�n �r�m Trus�ar, fife
<br /> executed eaunterparts, cvpies or reproductians ❑f this Deed af Trust as a financin� statement. Trust�r shall
<br /> reimburse L�nder far all �xpenses incurred in perfe��ing �r c�ntinuing �his securi�y in�erest. U�or� default, Trustor
<br /> shall not rema��, se�er or detaGh the P�rsonal Property from �he Praper�y. �p�n defa�a��, Trustar shalf assemble
<br /> any Persona� Property nat affixed �o the Proper�y in a manner an� at a p[ace reasonab�y can��n�ent ta Trus�or and
<br /> Lender and make i� a�ailab�e to Lender wi�hin thre� {3� days a#�er re�eip� of vvritten demand from Lender �o the
<br /> extent permi��ed hy appi�cable law.
<br /> Addresses. The mailing addresses afi Trustvr {debtor� and Lender 4s��ured party) �rom rrvhich �n#arma�tion
<br /> canc�rning the security interes� gran�ed by �his Deed of Trust may �e ❑btain�d �each as required by �he Uni�orm
<br /> Gommer�ial Codey are as sta�ed ❑n�he first page❑f�this IJe�� af Trust.
<br /> FURTHER ASSURAI�CES; ATTDRiVEY�CN-FA�T. The �al�owing pra�isians relating fia �ur�her assur�nces and
<br /> a��orney-in-fac�ar� a part o�t�is ❑eed of Trust:
<br /> Fur�her Assurances. At any �time, and from time to time, upon �equest ❑f Lender, Trust�r will make, ex�cu�e and
<br /> deliver, or will cause t� be made, ex�cu�ed �r delivered, to L�nd�r or�❑ Lend�r's�esignee, and when requested by
<br /> Lender, cause ta be filed, re�orded, ref��ed, ar rerecarded, as �he case may be, a� such tirr��s and in such o��ices
<br /> and places as L�nde� may deem appropria�e, any and a11 suCh mar�gages, deeds af trus�, s�curity d�eds, seeurity
<br /> agr�ements, �inancing stat�ments, can�inuatian statements; �ns�ruments of further assurance, certificates; and
<br /> ��her da�u�men�s as may, in the sole opinion vf Lender, be necessary vr desirable in arder tv effec�tuate, cample�e,
<br /> perfec�, continu�, ❑r preser�e �1} Barrower`� and Tru�t�r's obliga�i�ns und�r the Nate, this D�ed afi Trus�, and
<br /> the Rela�ed ❑ocuments, and ��� �he [iens and security interes�s created by this aeed of Trus� as firs� and priar
<br /> l�ens vn the Property, whether nvw awn�d ❑r hereafte�- acquired by Trustor= Unfess prohibited by law �r Lender
<br /> agr�es to �he contrary in wr��ing, T�us�or shai� reimhurse Lender �ar all cos�s and expenses incu�red in cannec�ian
<br /> with�he mat�ers ��ferred to in this paragraph.
<br /> Attvrney-in-Fac�. �f Trus�or�ails �o do any af the �hings referred ta in the preceding para�raph, Le�rder may do s❑
<br /> �or and in the name o�Trustor and at Trus�or's expense. Far such purpases, Trustor herehy irrevacably appaints
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