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2� 17�2282
<br /> DEED �F TRUST
<br /> Loan No: 'i��3�3��5 �Continued� Page �
<br /> �v permi�such par�icipatian.
<br /> Cvmp�iance Wi�h Laws, Trus�or warrants that the Praperty and Trus�or's us� of the Prvperty complies with aI!
<br /> existing applicable laws, ❑rdinances, and regula�ions o�gavernmen�al authori�ies.
<br /> 5urvi�ra[ of Representations and Warran�ies. All representa�ions, warranties, and agreemen�s made by Trustor in
<br /> this �eed ❑�Trus�shall sur�i�e�h� execufiion and deli�ery of this Deed ❑f Trust, shall �e cont�nuing in nature, and
<br /> shall remain in full force and effect until such�ime as Bo�rower's Indebtedn�ss shall be paid in full.
<br /> C�NDEIIlINAT1�N. The�Fvlfowing pro�isions rela�ing to condemnafiivn proceedings are a par�of�his �eed ❑f Trus�:
<br /> Praceedings. lf any pro�eeding in condemna�ian is �iled, Trust�r sha�� prampt�y notify Lender En writing, and
<br /> Trus�or shall pramptly �ake such steps as may be necessary to de�end the action and ob�ain the award. Trustor
<br /> may he�he nomina[ par�y in such proceed�ng, but Lender shall be ent�tled ta par�icipate in�he prviceeding and t❑ be
<br /> represen�ed in the proceed�ng by caunsel o� �ts ❑wn chvice, and Trus�or will deli�er vr cause ta be deli�ered to
<br /> Lender such instrumen�s and documentatian as may be requested by Lender firom t�me t❑ time �❑ permit such
<br /> participativn.
<br /> Applica�ion nf Ne�Prviceeds. �f all ❑r any part of�he Property is �ondemned by eminent domain prviceedings o�-by
<br /> any proceeding ar purchase in lieu a�condemna�ion, Lender may afi ifis elecfion require thafi all ❑r any p��tian ❑f�he
<br /> ne�k proceeds af the award be applied �❑ �he [ndebtedness ❑r the repair or resfiorafiion �f the Proper�y. The n��t
<br /> proceeds v�the award shall m�an fihe award after paym�nt ❑f all reasonable cos�s, expenses, and attarneys' �ees
<br /> incurred by Trustee❑r Lender in connec�ion wi�h�he condemnafiion.
<br /> 11tiI1PD51T1�N DF TAXES, FEES AN❑ CHARGES BY G�VERN1VlENTAL AUTH�R1T1E5. The following provisions rela�ing
<br /> �o gvvernmenta�taxes,fees and �harges are a par�af�his ae�d of Trust:
<br /> Current Taxes, Fees and Charges. Llpon reques� by Lender, Trustor sha�I exe�ufie such documen�ts in addi�ion �a
<br /> fihis Deed of Trust and take whate�er oth�r a��ion is reques�ed by Lender to perfect and cvntinue Lender's lien on
<br /> th� Real Property. Trustor shall reimburse Lender �or afl taxes, as descril�ed befaw, �kogether wi�h all expenses
<br /> Encurred in recording, perfecfiing ❑r �vntinuing �his ❑eed af Trus�, in�luding wi�thou� l�mifiation aEi �aXBSr fees,
<br /> d�cumen�ary s�amps, and other�harges for recvrding ❑r regis�ering�his Deed o�Trust.
<br /> Taxes. The �ollowing sha�l constitute �axes �❑ which fihis sec�ion appl�es: {1} a spe�ific �ax upon this �ype of
<br /> Deed ❑f Trus� or upon alf ❑r any part o�the Indebf�dness se�ured by this I�eed ❑f Trust; {2y a spec�f�c tax ❑n
<br /> Bvrrower wh�ch Borrvwer Es au�hvriz�d or requ�red �o deduct from paymen�s an the lndebtedness secured by this
<br /> type ❑f Deed ❑f Trus�; �3� a tax ❑n this type ❑f Deed of Trust chargeable against�he Lender or�he holder of�h�
<br /> No��; and {4} a spect�Ec �ax Qn all or any parti�n ❑f fihe lndebtedness ❑r ❑n paymen�s ❑f principal and in�erest
<br /> made by B�rrower.
<br /> 5ubsequent Taxes. l� any tax �o whi�h this secti�n applies is ena��ed subsequent to the da�e of�this aeed af
<br /> Trust, this event shall ha�e the same effec� as an E�ent af De�auft, and Lender may exer�ise any ❑r a!i of its
<br /> a�ai�abfe �-emedies �or an E�ent vf Defaul� as pra�ided b�low un[ess Trus�or ei�her �1} pays �he tax before i�
<br /> 1�ecvmes delinquent, or �2} contests �he tax as pro�ided abo�e in the Taxes and Liens se��ion and depasi�s wi�h
<br /> Lender cash❑r a su��icient cvrpora�e surety hond or other secur�ty satisfac�ory to Lender.
<br /> SECURfTY AGREEMENT; FINANCING STATEMENTS. The �o�lvw�ng pro�isians re�ating tv fihis �eed vf Trust as a
<br /> security agreemen�are a part of�this Deed at Trus�:
<br /> 5ecurity Agreement. This instrumen� shall constitute a 5e�urity Agreement t❑ the extent any fl� �he Praperty
<br /> constitu�tes fixtures, and Lender shall ha�e all of�he rights a-� a secured party under the lJniform Commer�ial Code
<br /> as amended from time�o time.
<br /> Security In#eres#. Upon reques� by Lender, Trustvr shall �ak� wha�te�er activn �s reques�ed by Lender t� perfect
<br /> and continue Lender's security in�erest in the Ren�s and Persvnal Prvper�y. ln addition �o recording this Deed ❑f
<br /> Trust in the real property r�cords, Lender may, at any time and withaut further au�hariza�ion from Trus�vr, fi�e
<br /> execut�d counterparts, copies or reproduc�ians ❑f �his �3eed o�F Trust as a ��nancing sfiatemen�. T�-ustvr shall
<br /> reimburse Lender for all expenses incurred in perfecting or c�ntinuing this security interest. Upon default, Trusfivr
<br /> shal! no� rema�e, se�er or de�a�h �he Persona� Proper�y fram the Properfiy. Llpon defaul�, Trus�or shall assemb�e
<br /> any Persvnal Pr�p�rty not affixed to the Property in a mann�� and a� a place reasonably cvn�enien��o Trus�or and
<br /> Lender and make it a�ailable �o Lender within �hree �3} days a�-ker receipt ❑�F written demand fram Lender to �he
<br /> extent permifited by applicable law.
<br /> Addresses. The maiiing addresses vf Trustor �deb�or} and Lender �secured party} from which in�ormation
<br /> concerning �the secur�ty in�erest gran�ed by �his Deed af T�ust may be ❑btained �each as required by the Uni�orm
<br /> Commercial Cade� are as sta�ed ❑n the firs�page of�his Deed of Trus�.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN-FACT. The �foi�owing pra�isivns re�ating t❑ fur�her assuran�es and
<br /> attorney-in-fact are a pa�t❑f this aeed ❑�Trusfi:
<br /> Further Assurances. At any time, and from time to time, upan request�f Lende�, Trus�or wi�I make, exeGute and
<br /> deli�er, ❑r wilI cause to be made, executed or de�i�ered, to Lender or t❑ Lender's designee, and when reques�ed by
<br /> Lender, cause t❑ �e �iled, re�arded, refiled, or rerecarded, as fihe case may be, a� su�h times and in such af-�ices
<br /> and pla�es as Lender may deem apprapr�ate, any and a�� such mortgages, deeds a�trust, securtty deeds, security
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