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2� 17��272
<br /> aEEa oF T�usT
<br /> Loan No: 1�'13�117� �Corltlrlue�l� Page 5
<br /> may he the nominal party in such proc�eding, but Lender shall be entitled to participate in the praceeding and to �e
<br /> repr�sented in �he proceeding by caunsel of its own choice, and T�ustor wiI[ deli��r or cause to be deli�ered to
<br /> Lender such instruments and documentatian as may be requested by Lender frnm time to time tv permit such
<br /> participation.
<br /> Application af Net Proceeds. If all ❑r any part of the Property is condemned by eminent damain pro�eedings ❑r by
<br /> any pr�ceeding vr purchase in lieu af candemnation, Lender may at its��ection require that all or any porti�n of the
<br /> net prviceeds of the award be app��ed to the Indebtedness or the repair or restoration of the Property. �he net
<br /> proc�eds of the award �hall mean the award after payment of a11 reasonable Gasts, expenses, and attorneys' �ee�
<br /> incurred by Trustee ar L�nder in connecti�n with the condemnatian.
<br /> 1NlP�51TI�N �F TA7CES, FEES AND CHARGES gY GQVERNMENTAL AUTH�RIT�ES. The foflowing pro�isions relating
<br /> t❑ go�ernmental taxes, fees and charges are a part of this Deed of Trust:
<br /> Current Taxes, Fees and Charges. Llpvn request by Lender, Trustvr sha�! execute such docum�nts in addition t�
<br /> this Deed ❑f Trust and take whate�er vther action is requested by Lender to perfeGt and cvntinue Lender's lien on
<br /> the Real Praperty. Trustar shall reimburse Lender �or al! taxes, as described belaw, toge#her with all expenses
<br /> incurred in recording, perfecting �r c�ntinuing this Deed of Trust, including withaut limitation a�f taxes, fees,
<br /> documentary stamps, and other charges for recording or registering this ❑eed af Trust.
<br /> Taxes. The fallowing shall canst�tut� taxes to whi�h this sect�on applies: �1} a specif�c tax upon this type of
<br /> Deed of Trust ar upon all or any part �f the Ind�btedness secured by this Deed af Trus�; ��y a specifi� tax on
<br /> Trust�r which Trustor is authori�ed ❑r required to dedu�t from payments on the 1nde�tedness se�ured by this type
<br /> of Deed af Trust; �3� a tax on this type ❑f Deed af Trust chargeable against the Lender vr�he holder vf the Note;
<br /> and �4� a specifi� tax on all ❑r any pvrtian of the Indebtedness ar on payments of prin�ipal and interest made by
<br /> Trustar.
<br /> Subsequen# Taxes. If any tax to which this sec�ion applies is enacted subsequent �o the date of this Deed �f
<br /> Trust, this e�ent shafl ha�e the same eff�ct as an Event �f ❑efault, and Lender may exercise any ar all ❑f its
<br /> a�ailab�e remedies for an E�ent of ❑efauft as pro�ided below unless Trustvr either �1} pays the tax before it
<br /> becomes delinquent, or �2y contests the tax as pro�ided abo�e in the Taxes and Liens section and deposits with
<br /> Lend�r cash vr a suf�icient cvrpvrate surety bond or❑ther security satisfactvey�❑ Lender.
<br /> SECURITY AGREEMENT; FINANCING STATEMENTS. The fo�lowing pro�isivns relating to this Deed af Trust a� a
<br /> security agreement are a part of this Deed of Trust:
<br /> 5ecuri�y Agr�ement. This instrument shalE constitute a 5ecurity Agreement t� the extent any ❑f the Praperty
<br /> constitutes fixtures, and Lender shall ha�e aIl of the rights of a secured party under the Uniform Commercial Cade
<br /> as amended from�ime to time.
<br /> 5ecurity Interest. L1pon request by Lender, Trustor shall take whate�er action ts requested by Lend�r t❑ perfect
<br /> and cantin�e Lende�'s seeurity interest in the Rents and Persanai Praperty. In addition t❑ r�cording rhis Deed af
<br /> Trust in the real praperty recards, Lender may, at any tim� and without further authvrization fram Trustor, file
<br /> executed cflunterparts, copies or r�productians of this De�d af Trust as a financing statement. Trustor shall
<br /> reimburse Lender for al� expenses �ncurred in perfecting ar continuing this security interest. Upan defaul�, Trust�r
<br /> shall nvt rema�e, se�er or detach the Persvnal Property from the Praperty. Upon default, Trustar shall assemble
<br /> any Personal Property nat affixed to th� Property in a manner and at a place reasonably can�enient to Trustar and
<br /> Lender and make it a�ailable to Lender within thr�e {33 days a�ter re�eipt ❑f written demand fr�m Lender t❑ the
<br /> extent permitted by applicable law.
<br /> Addresses. The mai�ing addresses of Trustnr �debtor� and Lender {seGured party} from which inf�rmatian
<br /> coneerning the security int�rest granted by this Deed of Trust may be vbtain�d �each as requir�d by the Uniform
<br /> CommerGial Code� are as stated �n the first pag�of this Deed �f Trust.
<br /> FURTHER A55URANCES; ATTQRNEY-IN-FACT. The follawing pro�isiflns reiating ta further assurances and
<br /> attorney-in-fact are a part❑f this Deed ❑f Trust:
<br /> Further Assurances. At any time, and frvm time to time, upon request of Lender, Trustflr will make, execute and
<br /> de�i�er, or will cause ta �e made, executed or de���ered, t❑ Lender or ta Lender's designee, and �hen requested by
<br /> Lender, cause tv be #il�d, re�or�ed, �efiled, ❑r rerec�rded, as the case may be, at such �imes and 'sn such ❑ffice�
<br /> and plaGes as Lender may deem appropriate, any and all such martgages, deeds af trust, security deeds, security
<br /> agreements, financing statements, cant�nuation statements, instruments af further assurance, cert�#�cates, and
<br /> vther docum�nts as may, in the sole opinion of Lender, be necessary or desirable in ❑rder to effectuate, complete,
<br /> perfect, continue, or pres�r�e {1} Trustor's obligations under the Note, this ❑e�d of Trust, and the Related
<br /> Documents, and t2} the liens and security interests cr�ated by this �eed af Trust as first and prior �iens on the
<br /> Property, whether naw owned ar hereafter acquired by Trustor. Unless prohibited by law ❑r Lender agrees to the
<br /> �ontrary in writing, Trustor shall reimburse Lender far all costs and expenses incurred in cannectivn with the
<br /> matters referred to in this paragraph.
<br /> Attarney-in-FaGt. If Trusto� fails to do any of the things referred to in the preceding paragraph, Lender may d❑ sv
<br /> far and in the name vf Trustor and at Trustor's expense. For such purposes, Trustvr hereby irre�ocably appoints
<br /> Lender as Trustor's at�arney-in-fact �or the purpose v� making, executing, deli�ering, filing, recording, and do'sng all
<br /> ❑ther things as may be necessary ❑r desirable, in Lender's sole opinion, to accomp�ish the matters referred to in
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