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2� 17� 1835 C�FED �F TRU�T Laan No; '1�'I��49� �C�ntir7u�d} Page 4 in effe��, Gnmplianc� wi�h �he insuran�e pra�isivns cvntained in �he instrument e�iden�ing such E�isting Indeb��dness shall consfii�u'�e compliance wi�h th� insuran�e prv�isiflns under �his Deed of Trus�, �a the �xtent comp�iance wEth the terms of#his Deed o�Trust ►rvouid cons�i�u�e a duplica�ion a� insurance requiremen�. If any praceeds �r�m the insurance become payab[e on lass, the prv�isivns in this Deed �f Trus��or diWisian of proceeds shafi apply only�o�ha�pvrtion vf�he proceeds n�t payab[e tv the hvldEr of the Exis�ting In�ebt�dness. LENDER'S E��ENC�IT'URES. �� 7'rus�ar faifs tA} �o keep the Prv��rty -�ree of all �ax�s, liens, securi�y interesfis, encumbranc�s� and other claims, tB} to pra�ide �ny required insuran�e vn �th� Praperty, �C� ta mai�e r�pairs to �h� Property ar to compiy with any ❑blEgation to ma�n�ain Existing Indebtedness in gaod standing as required bel�w. �hen Lender may dv so. if any action or pro�e�ding is �vmmenced fihat would materia�ly affect Lender's interests in the Prvperty, then Lender on T'rustvr's behal� may, but is not required to, �ake any action that Lender belie�es �o be apprapriate tv pra�ec� Lender's interests. A!I expen�es incurr�d ❑r paid by Lender f�r su�M purposes will �h�n bear in�er�st a't th� ra�� charged under �he N�t� �rvm �he date incurred or paid by Lender �v the date o� r�p�yment by Trus�ar. Ali such e�cpense� wi11 become a �art o� �Che Indehtedness and, at Lender'� vption, will {A� k�� payabl� Qn demand; �B} be added �v the balance of �he Na'�e and be appor�ivned amang and be payal�le wi�h �ny ins�allment pay�ents to become due during ei�h�r ��} the �erm v� any applicat�ie insurance policy; ar {2j the r�maining �erm of th� Nate; or �C� be treated as a ballvan payment which wi!! b� due and payable at�he Note`s maturi�y. The Deed �# Trust a�so will secu�e payment af thes� amvunts. The rights pro�ided far in this paragraph shall be in add��ivn �o any n�her �ights or any remedies �o which Lender may b� entitied ❑n accoun� �� any detaul�. Any suGh aGt�vn by Lender shall not be canstrued as curing�he defaul�so as�b bar Lender from �ny remedy tha�i�a�herwise would har�e had. VIIARRANTY; DEFENSE�F TI�'LE. The folla�v�ng pro�isivns relating�v ownership a��he Pr�perty are a part a�F�his �eed v�Trust: Title. Trustvr warrants �hat: �a� Trustar holds good and mark�tabfe �i�le of re��rd tv �he Praperty in #ee simp�e, �ree and Gf�ar v� al� liens �nd encumbrances o�her than #hose s�t�orth in �he Real F'rvperty descrip�ian or in the Existing Inde�#edness s�cti�n be[ow or in any�itle insurance poliGy, tit[e repvrt, or�ina�title vpinian i��ued in fa�ar af, and �ccepted hy, Lender �n conne�tion wi�h �his Deed af Yrust. and {h� Trus�ar has �he full right, power, and authorEty�a�ace�u�e and deli�er#his Deed o�Trus�to Lender. Defense af Ti�#le. Subjec� t� the e�cception in the paragraph ab��, Trustor warran�s and will fore�er def�nd �he title t❑�he F�raperty agains�the iaw�u� clatms vt all pErsvns. !n �h� �Went any acti�n vr praceeding is commen�ed that questions Trus�vr's title�r th� �nterest a�7'rust�e vr Lender under�his Deed v�Trus�, Trustar shall de�end the ac�ivn a�Trustor's expense. Trustar may be �he nominal par�y in su�h pra�eeding, but Lender sh�ll be entit�ed ta participate in the praceeding and �o be represented in the proceeding by counsel of Lender's own chvi�e, and Trustor ►rvill de�i�er. ar cause to be deli�ered, to Lender such instruments as Lender may request frvm time tv�ime to permi#such par�icipa�ion. Comp�zanGe 11�I'ith Laws. Trus�or warrants thax �he Praperty and Trustor's use o� �Che property �omplies wi�h all e�isting ap�li�ahle [aws, ordinances, and regul��ians o�gfl�ernmen�al authorities. 5ur�i�a1 ❑f Promises. A!� prvmises, agreements, and sta�emen�s Trustar has made in this Qeed ❑f Trus� shall sur�ive the execu�ion and deli�ery o�this [�eed ��Trust� shail b� Can�inuing in nature and shaC[ remain in fu�i forGe and effect until su�h tim�as Trustvr's Ind�btedn�ss is paid in full. ��ISTiNG INQEBT�C��VESS. The follvwing pr��isians cancerning Existing Indeb�edness ar� � par�of this aeed��Trust: Ex�sting Lien. The �ien v� �his Deed ❑� Trus� secu�ing the Indeb�edness may be secandary and in�erior ta an existing lien. Trus�or e�pressly cv�enan�s and agr�es t❑ pay, ❑r see ta the payment o�, the Exis�ing Indeb�edn�ss and to pre�ent any default on such indebtedness, any default under the instrumen�s e�iden�in� such in�ebtedness, vr any defaul�under any security documents�or such ind�b�edness. No ModifiGat�an. Trustor shall nv� enter intv an� agreement with �h� holder o� any rr�ortgage, de�d �� rust, or other security agreement which has priari�y �a�er this Deed [�� Trus� �y which that agreem�n� is mvdified, am�nded, extended, vr r�n�wed without �he prEor wri��en Gansent af Lend�r. �"rustar shail nei�h�r request nor accept any�u�ure ad�an�es under any such security agreement without�he prior►rvrit��n cvnsent o�Lend�r. ��NDEMNATI�N, The following pro�isian�relating t❑cc�ndemnation pro��edings are a pa�rt of�his �eed o�Trust: Proceedinc��. I� any praceeding in condemna�ion is �iled, Trus�v� sha�l promptly no�i�y Lender in wri�ing, and Trustvr shall promptly tak� �uch steps as may be necessary tv dcfend �he action and obtain the aw�rd. Trusto� may be�he naminai party in such prv�eeding. but Lender shall be entit[ed�o participate in�he proceeding and to �e represented in the proceeding by caunsel o�F its awn chvice, and Trus�or will d��i�er or caus� to be deli�ered to Lender such instrum�n�s and dacumentation as may be requested by Lend�r �ram �ime �o �ime to permit such participativn. Applica�ic�n a�Net Praceeds, I�a[� vr any par�a�'�he Proper�y is �t�ndemned by �minen�domain prt��eedings ar by any p�ace�ding vr purchase in lieu of�ondemn�tian, Lender may at its electian require that all or any pot-�ion af the net prviceeds ot the awa�d be applied ta �he Indebtedness or the repair or restor�tion of the Proper�y. The net praceeds v�the award shall mean the award after payment vf a1l reasonable �osts, expenses, and attorneys' fe�s incur�ed�y Trus�ee vr Lender in cannectivn wi�h the cond�mna�ion. I�UIPQSITIC3N UF TAXES. FEE� AN�] CHARGES BY GC�VERNItiJIENTAL A[J7'H�RITIES. The �ollowing pro�isia�s relating