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2� 17��8� 1
<br /> DEED �F TRUST
<br /> Laan Nv: 'i�'I 3��'l�D 4 Cantinued} Page 5
<br /> proceeds fl�the award shall mean the award after paymenfi of a�� reasanab�e cos�s, expenses, and a��arn�ys' fees
<br /> in�urred by Trustee❑r Lender in connec�ion with the condemnation.
<br /> IIVIPDSITI�N ❑F TAXES, FEES AND �HARGES BY GaVERNMENTAL AUTH�RITIES. The following pro�isians relatFng
<br /> �o go�ernmental taxes, fees and charges are a part of this Deed o�Trust:
<br /> Current Taxes, Fees and Charges. Upon r�quest by Lender, Trustor shafl execute such dacuments in addition t�
<br /> �his ❑eed of Trust and �ake wha�e�er other ac�ion is re�u�sted by Lender�v perfect and continue Lender's lien on
<br /> �he Reai Praperty. Trusfior shall reimburse Lender for all taxes, as des�rii�ed belaw, together with all expenses
<br /> incurred in recording, per�ecting or c�n�inuing �his Deed ❑f Trust, including withou� limi�a�ion all taxes, �ees,
<br /> dv�umentary sfamps, and a�her charges for r�cording or register�ng this ❑eed ❑f Trus�.
<br /> Taxes. The follawFng shall constitu�e �axes �o which fihis section applies: �1} a spe�i�ic fiax upon this type o�
<br /> �eed o�f Trust or upon all ❑r any part vf�he Indebtedness secured by fihis Deed a�Trus�; ��} a specific tax ❑n
<br /> Trustar which Trustar is autharized or required �❑ dedu�t from payments �n�he indeb�edness secured by�his type
<br /> vfi❑eed ❑�Trus�; �3� a tax on this type a�F Deed ❑�Trust chargeab�e against the Lender vr the holder o��he Na�e;
<br /> and {4} a specific tax ❑n al� or any por�ivn a�the lndebtedness ❑r on paymen�s of prin�ipal and interest made by
<br /> Trus�ar.
<br /> Suhsequen� Taxes. �f any �ax �v which th�s sec�ion applies is enacted subsequent to the da�e ❑f this Deed ��
<br /> Trus�, �his e�en� sha�� ha�e �khe same effec� as an E�ent of De�auit, and Lender may exercise any or all of ifis
<br /> a�ailable remedies far an E�ent of De�ault as pro�ided below unless Trustvr either �1} pays �he �ax �efore it
<br /> becomes delinquen�, �r �2} contes�s �he �ax as pro�ided abo�e in the Taxes and Liens section and deposi�s with
<br /> Lender cash ar a sufficien�carpora�e sure�y hvnd❑r❑ther securi�y satisfactory fio Lender.
<br /> SECURITY AGREEMENT: FINANCING STATEMENTS. The �oilowing pro�isions relating �o this Deed of Trust as a
<br /> security agreemen�are a par�❑f this Deed o�F Trust:
<br /> 5ecuri�y Agreement. Th�s instrument shall cansfiitute a Securi�y Agreement to �he exten� any of fihe Praperty
<br /> �ons�itutes �fixtures, and Lender shall ha�e all �f the righ�s of a secured party unde�-the lJniform Commer�iaf Cvde
<br /> as amended firvm�ime to time.
<br /> 5ecurity tn#erest, �pon request by Lender, Trusfivr shall take wha�e�er ac�ion is requested �y Lender to perfec�
<br /> and cantinue Lender's securifiy in�erest in the Ren�s and Personal Proper�y. In addition ta recording �his ❑eed of
<br /> Trus� in �he rea� proper�y recards, Lender may, at any time and wi�hou� �urther authori�ation �rom Trustor, file
<br /> exe�uted counterpar�s, copies ar repr�ductions ❑fi fihis Deed of Trus� as a finan�ing stafiement. Trus��r shall
<br /> reimhurse Lender for all expenses �ncurred in perfe�ting or can�inuing this secu�-ity infierest. Upon default, Trus�ar
<br /> shall not remo�e, se��r or detach the Persvnal Property �rom �he Property. lJpon defiault, Trustor shalE assembEe
<br /> any Persanal Prvperty not a��ixed to the Property in a manner and at a place reasvna�ly conWenien�to Trust�r and
<br /> Lender and make it a�ailable �o Lender within three �3� days after receipt o-� written demand from Lender�a �he
<br /> ex�en�permi�ted by app�icable law.
<br /> Addresses. The ma��ing addresses ❑f Trus�or �debtor} and Lender �secured party} �rom which infvrmation
<br /> cvn�erning the security in�eres� gran-�ed by this Deed ❑f Trust may be obtained {each as required by the Uniform
<br /> Cvmmercial Code} are as stated an the�irst page o��his �eed ❑f Trust.
<br /> FURTHER ASStJRANCES; ATT�RNEY�IN-FACT. The �o�lawing pro�isions reiating to �Fur�her assurances and
<br /> attvrney-in-fa�t are a part of this L�eed o�f Trust:
<br /> Fur#her Assurances. At any�ime, and fram time t❑ time, upon request vf Lender, Trustvr wilf make, execu�e and
<br /> deli�er, ar-wi�l cause t❑ 1ae mad�, executed ar deli�e�-ed,to Lender flr�o Lender's designee, and when requested hy
<br /> Lender, cause t� be filed, recarded, refiled, or rerecarded, as the case may be, at such times and in such ❑��ices
<br /> and places as Lender may d�em apprvpriate, any and all su�h mvrtgages, deeds ❑f trust, securifiy deeds, securi�y
<br /> agreemen�s, financing s�a-�emen�s, continua�ian statements, instruments afi �urther assuranc�, cer�i�i�ates, and
<br /> other documents as may, in�he svle opinion of Lender, be ne�essary or desirable �n arder fi❑ effectuate, cvmplefie,
<br /> perfect, continue, or preserve ��} Trustor's obliga�ivns under �he Note, this �eed af Trus�, and the Related
<br /> Documents, and t�} the liens and seGurity interes�s crea�ed by this Deed vf Trust as first and privr liens vn �he
<br /> Property, wh�fiher now awned ar her�after acquired by Trustor. Un�ess prohibited by law or Lender agrees to �he
<br /> cantrary in writing, Trustvr shall reimburse Lender for all costs and expenses incurred in connection with �he
<br /> mafi�ers re�erred tv in�this paragraph. �
<br /> Attvrney-tn-Facfi. lf Trustor fails to d❑ any of the things re#er�ed to in the preceding paragraph, Lender may da sa
<br /> �or and in fihe name of Trust�r and a�Trus�or's expense. For such purposes, Trustv�- hereby irre�ocably appoints
<br /> Lender as Trustar's a��arney-in-fac�for th� purpase o�makin�, executing, deli�ering, filing, re�ording, and doing all
<br /> ather fihings as may be necessary ar des��ab(e, in Lender's sole ❑pinion, to accamplish fihe matters re#er�ed to �n
<br /> the preceding parag�-aph.
<br /> FULL PERF�RMANCE. lf Trus�or pays a[f the �ndebtedness, Enc�uding wi�hout limi�a�ion al! fu�u�-e ad�ances, when due,
<br /> and othe�wise performs a�! �he obliga�ions imposed upvn Trustvr under this Deed ❑f Trus�, Lender shall execute and
<br /> detiWer to Trustee a request for �full recon�eyance and sha�E execute and deii�er fio Trustvr suitable sta�emen�s �f
<br /> termina�ivn of any �inancing statement vn fiile e�idenc�ng Lender's security in�erest in the Rents and the Persvnal
<br /> Prvper�y. Any recon�eyance fee required by law shai[ be paid by Trustor, if permitted by applicable law.
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