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2� 17� 14�4 DEED �F TRUST Loan Na: ��'I 3n�675 �Continued} Page 5 existing applica�ie laws, ordinances, and regulations ❑f go�ernmental authorit�es. Sur�i�al vf Representations and Warrant�es. A�I representat�ons, warranties, and agreements made by Trustor in this Deed of Trust shall sur�i�e the executivn and deliWery of this �eed ❑f Trust, shall be cantinuing in nature, and shall remain in full fvrce and effect unti! such ttme as Borrower's Indebtedness shall be paid in full. E?C15TIN� INDEBTEDNESS. The follvwing pr�visions �vnGerning Existing Indebtedness are a part of this Deed af Trust: Ex�s#ing Lien. The lien ❑f thts Deed of Trust securi�g the Indebtedness may be secondary and inferior to an existing lien. Trustvr expressly cv�enants and agrees to pay, or see to the payment af, the Existing Indebtedness and to pre�en� any default an such indebtedness, any detault under the ins�ruments e�idencing such indebtedness, or any default under any security documents �or such indebtedness. No IVlodi�ica#�on. Trustor shall nvt enter into any agreement with the halder of any mvrtgage, deed of trust, or other security agreement which has pri�rity v�er this Deed of Trust by which that agreement is madified, amended, extended, or renewed withvut the prior written consent o# Lender. Trustor shalE neither requ�st nor a�cept any futu�e ad�ances under any such security agreement withaut the priar written cansent of Lender. CC�NDEMNATIDN. The fiollowing pra�isions re{ating t� condemnation proceedings are a part of this ❑eed of Trust: Praceedings. !f any proceeding in cflndemnatian is filed, Trustvr shall prvmptly nvtify Lender in writ�ng, and Trustor shall pramptly take such steps as may be necessary to defend the actian and obtain the award. Trustar may be the nominal party in suGh praceeding, but Lender sha!! be entitled to participate in the prv�eeding and t❑ b� represented in the praceeding by counsel nf its own choice, and Trustvr will deli�er �r cause to be delivered t� Lender su�h instruments and dacumentation as may be requested by L�nder fram time t❑ time to permit such participatian. Application of Net Prv�eeds. I� all ar any part af th� Property is condemned by �minent domain proceedings ❑r by any proceeding ❑r purchase in iieu�t condemnatEon, Lender may at its election require that all vr any partivn of the net proceeds ot the award be applied t❑ the Indebtedness ❑r the repair or r�storation of the Prope�ty. The net proceeds of the award shall m�an the award after paymen� of all reas�nable costs, expenses, and attorneys' fees incurred by Trustee or Lender in connec�ian wi�h the cond�mnation. IMP�SITI�N DF TAXES, FEES AND CHAR�ES BY G�VERNMENTAL AUTH�RITIES. The fvllowing prv�isivns relating to ga�ernmental taxes, fee� and charges are a part of this ❑eed ❑f Trust: Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall execute such documents in addition ta this Deed of Trust and take whate�er a�her action is requ�sted by Lender to perfe�t and continue Lender's lien �n the Real Prvper�y. Trustor shall reimbu�se Lender for all taxes, as described belvw, together with all expenses incurred in rec�rding, perfecting ❑r cantinuing this Deed ot Trust, including withvut limitativn all tax�s, fees, dacumentary stamps, and other charges f�r recarding vr regis�ering this Deed of Trust. Taxes. �he fo�lovvtr�g shall constitute �axes t❑ which this section applies: [�} a s�ecifi� tax upan this type of Deed of Trust ❑r upan all or any part ❑f the Indebtedness secured by this Deed ❑f Trust; ��y a specific tax on Barrower which Barrower is authvrized or required tv deduct from payments ❑n the Indebtedness secur�d hy this type ❑f Deed of Trust; �3} a tax on this type af Deed of Trust �hargeabl� against the Lender ar the halder of the Note; and �4y a specific �ax on a!I or any partivn of the Indebtedness or on payments of principal and interest made by Borrower. Suhsequent Taxes. If any tax to which this section app�ies is enacted subsequent t❑ the date of thfs Deed of Trust, this e�ent shafl ha�e the same effect as an E�ent ❑f Default, and Lender may exercise any or all ❑# its a�ailahfe remedies for an E�ent of [�efault as pra�ided b�low unless Trustor either t 1� pays the tax be�are it becomes delinquent, �r {2} contests the tax as pro�ided abo�e �n the Taxes and Liens s�cti�n and deposits with Lender Gash ar a sufficient carporate surety band or vther security satisfactory�o Lender. SECURITY AGREEMENT; FINANC�NG STATEMENTS. The fallowing pro�isions relating to this Deed of Trust as a security agreement are a part of this �]eed of Trust: Security Agreem�nt. This instrument shall const�tute a Security Agreement t❑ the extent any of the Prflperty constitutes fixtures, and Lende� shall ha�e all of the rights ❑f a se�ured party under the Uniform Commercial �ode as amended tram time ta time. Security Interest. Upon request by Lender, Trustor shall take whate�er action is requested by Lender to perfect and cantinue Lender's security interest in the R�nts and Persflnal Property. In additian t❑ recarding this D�ed ❑f Trust in the real property recards, Lender may, at any time and withaut further authvriza�ian from Trustor, file executed caunterparts, �opies ❑r reproductions vf this Deed af Trust as a �inan�ing statement. Trustar shal� reimburse Lender far a!I expenses incurred in perfecting ❑r continuing this security interest. Upon default, Trustnr shali n�t remo�e, se�er ar detach �he P�rsonal Property frvm the Property. Upon default, Trustor shall assemble any Persanal Property not affixed t❑ the Praperty in a manner and at a place reasonably con�eni�nt to Trustor and Lender and make it a�aiiable ta Lender within three �� days a�ter receipt of wr�tten demand fr�m Lender to the extent p�rmitted by applica�le law. Addresses. The mailing addresses af Trustor �debtorf and Lender �secured party� from which infarma�ion c�ncerning the se�uri�y interest granted by this D�ed ❑f Trust may be �btained �each as required by the Llniform