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2� 17��85�
<br /> DEED �F TRUST
<br /> Laan Nv: 'I�'13D2'13� �C�nt�nued} Page 5
<br /> Application o�Ne�Proceeds. If al� or any part of�he Property is Gondemned by eminent domain pro�eedings ❑r by
<br /> any proceeding or purchase in lieu of Gondemnation, Lender may at its elec�ivn require�hat all ❑r any p�rti�n ❑f the
<br /> net proceeds of �he award he applied t❑ fhe Indebtedness or the repair or restvrativn �f the Property. The net
<br /> proceeds ❑f the award shall mean the award a�ter paymen� af all reasonah�e casts, expenses, and attorneys' �ees
<br /> incur�ed by Trusfiee or Lender in connec�ion with the cvndemna�ion.
<br /> iMP�51T1�N �F TAXES, FEES AN❑ CHARGES BY G�VERNMENTAL AUTHDRITIES. The �o��owing praWisions rela�ing
<br /> �❑go�ernmental�axes, �F�es and charges are a part of�his ❑eed a�Trust:
<br /> Curren�Taxes, Fees and Charges. Upan request by Lender, Trustor sha�� execu�e such documents in addifiian t❑
<br /> this ❑eed of Trust and take wha�e�er other action is requ�sfied by Lender to perfe�� and con�kinue Lender's l2en ❑n
<br /> the F�eai Property. Trustor shall reimburse Lend�r �or all taxes, as described be�flw, tage�her wi�h all expenses
<br /> incurred in recvrding, perfecting ❑r can�inuing fihis ❑eed of Trust, including without limitation aIl taxes, fiees,
<br /> do�umentary s�amps, and afiher charges far rec�rding ❑r regis�ering�his Deed a�T�ust.
<br /> Taxes. The �oljowing shall ��ns�i�u�e taxes �to which this sectian app�ies: �1} a specific tax upon this �ype a�
<br /> Deed af Trust or upon all or any part af fihe Indebtedness se�ured by this Deed of Trus�; ��} a specific �ax on
<br /> Trustor which Trustar is authorized ❑� required to deduct�rom payments an�he �ndebtedness secured 1ay fihis type
<br /> of Deed o�Trus�; {3� a tax an this type o� ❑eed of Trus� chargeabl� against�he Lender ar the holder❑f�he Note;
<br /> and �4} a specific tax on all ❑r any portian of the lnd�b�edness ar on paymen�s �� principa� and interesfi made by
<br /> Trustor.
<br /> Subse�uent Taxes. 1� any tax to which this sectian applies is enac�ed subsequent �❑ the dafie of fihis ❑eed af
<br /> Trust, �his event shall ha�e �he same effect as an E�ent vfi Defaul�, and Lender may exercise any or a!I of its
<br /> availahle remedies ��r an E�en� of �efault as pro�ided belaw unl�ss Trustor ei�her {1� pays �khe �ax before i�
<br /> be�omes delinquent, or t2� Gvntests the tax as pro�ided aba�e in �he Taxes and Liens sec�ian and depasits wifih
<br /> Lender cash❑r a su��i�ient co�pora�e surety bond ❑r other securi�y sa�isfactory to Lender.
<br /> SECURiTY AGF�EEII�IENT; FINANCING STATEMENTS. The ���lowing pra�isions �elatin� to this Deed of Trust as a
<br /> securifiy agreement are a par�of th�s Deed o�Trust:
<br /> Se�urity Agreement. This instrument shai� cans�i�u�e a S�curity Agr��men� fiv �the exten� any of �he Property
<br /> constitutes fixtures, and Lender shall ha�e afl o��he righ�s o�a seGured party under�he Unifarm �ammercial Cade
<br /> as amended fram time ta time.
<br /> 5ecurity �n#erest. Upan request �y Lender, Trustor shall take whatever action is request�d by Lender to per�fect
<br /> and continue Lender's security in�eres� in the Ren�s and Persvnal Prope�ty. ln additian to r�cording �his Deed o�
<br /> Trust in �he rea� property recards, Lender may, at any time and without further aufihvrization fr�m Trusta�, �ile
<br /> execu�ed counterpar�s, copies ❑r reproductions of this Deed o� Trust as a �Enancing s�a�kemen�. Trustor shall
<br /> reimburse Lender fv�- all expenses incurred in per�fecting or continuing �his se�uri�y in�erest. Upon default, Trustar
<br /> shall not remove, se�er vr de�ach the Persona! Property from �he Proper�y. Upon default, Trustor shaii assemble
<br /> any Personal Property no�a��ixed �❑the Praperty in a manner and at a place reasonably con�en�en�t❑T�ustvr and
<br /> Lend�r and make it a�ai�a�le �a Lender within three �3} days after rec�ip� ❑f wri��en demand from Lender to the
<br /> extent permi��ed by applicable law.
<br /> Addresses. The mailing addresses of Trustvr 4debtor} and Lend�r {secured party} �rom whEch in�orma�ion
<br /> concerning the securi�y int�rest gran�ed by�his Deed a�F Trust may be obtained �each as required by the Uniform
<br /> Commercial Code} are as s�afied on the�irs�page r�f this L�eed ❑f Trus�.
<br /> FLJRTHER A55URANCES: ATT�RNEY-�N-FACT. The �al�owing pro�isians relating �❑ fur�her assurances and
<br /> att�rney-in-fac�are a part of this Deed a�Trusfi:
<br /> Further Assurances. Afi any time, and from �ime�❑ �ime, upon request afi Lender, Trus�or wi�f make, execute and
<br /> deli�er, or will cause to be made, executed ar de�i�er�d, �o Lender or t❑ Lender's designee, and when reques�ed by
<br /> Lender, cause to be fi�ed, recorded, refiled, ❑r r�recorded, as fihe case may be, a� such times and in such o�fic�s
<br /> and places as Lender may deem appropriate, any and af[ such mor�gages, deeds vf firust, se�urity deeds, secur�ty
<br /> agreemen�s, financing statements, cvntinuafiivn sfiatemenfis, ins�rumen�s �� further assurance, certi�icates, and
<br /> ather dvcumen�s as may, in�he sole opinion of Lender, 1ae necessary or desErable in order�❑ effectuate, camplete,
<br /> pe�fect, continue, or preser�e �1� Trustvr`s ❑b[igatians under the Na�e, this Deed o� T�ust, and the Related
<br /> Documents, and {2� the liens and security interes�s crea�ed hy�his Deed of Trust as first and pri�r fiens on�he
<br /> Property, whether naw owned ❑r hereaf�er acquired hy Trus�vr. Unless prvhibi�ed by law or Lender a�rees tv the
<br /> contrary in writing, Trusfivr shall reimburse Lender for af[ �osts and expenses incurred in �onnection with the
<br /> mat�ers re�erred fia in this paragraph.
<br /> Attorney�in�Fac�. [f Trustor fails �a dv any of fihe things referred to in the preceding paragraph, L�nder may do sv
<br /> �or and in the name o�Trustar and a�Trus�or's expense. For such purpvses, Trus�vr hereby irrevocably appoints
<br /> Lender as Trus�or's attorney--in�fact for ths purpvse vf making, executEng, deliWering, filing, recvrding, and doing a[t
<br /> ❑ther things as may be n�cessary or desirable, in Lender's sole opinivn, to accamplish �the mat�ers referred �fl in
<br /> the preceding paragraph.
<br /> FULL PERFaRNtANCE. [�Trusfior pays all �he lndebtedness, inciuding wi�hout�imitatian all futur� ad�ances, when due,
<br /> and o�herwise performs all the ❑1a�igations imposed upon Trustor under �his Deed o� Trus�, Lender shal� exe�ute and
<br /> deli�er fio Trusfiee a request for full �e�on�eyance and shalf execu�e and deli�er to Trustvr suitable s�atemen�s ❑f
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