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<br /> a � 2� 17�2334
<br /> ' DEED �F TRUST
<br /> Lvan Nv: 'i�1��39�� ��vrltlnu�d� Page 5
<br /> Proceedings. I-� any praceeding in �andemna�ian is �iled, Trus�tar shalf prampt�y nofii�y Lender in writing, and
<br /> Trustor sha�l promp�ly take such steps as may be necessary to defend the ac�ivn and ❑bfiain the award. Trus�ar
<br /> may be the nomina� party in such proceeding, hufi Lender sha�l be en�ifiled t❑ participate in the proceeding and�to be
<br /> represented in �he proce�ding by counsel a� its own choice, and Trustor will deli�er or cause �tv be deli�ered to
<br /> Lender such instruments and documen�ation as may be reques�ed by Lender from time to fiime ta permit such
<br /> participat�vn.
<br /> Appficativn o�Ne� Proceeds. I�all or any part�f�he Praperty is candemned by eminent domain proceedings or by
<br /> any proceeding or purchase in lieu o�condemna�ion, Lender may at i�s ele��ivn require that all ❑r any portivn af the
<br /> ne� prviceeds ❑f the award be applied �a the lndeb�edness vr the repair ❑r res�oratian o� the Property. The ne�
<br /> proceeds of the award shall mean the award after payrnent ❑f al� reasonabl� costs, expenses, and attorneys' fees
<br /> incurred by Trustee or Lend�r in cannect�on wi�h fihe�vndemnatian.
<br /> �1V1P�S�TI�N �F TAXES, FEES AND CHARGES BY G�VERNMENTAL Al]TH�RITIES. The fivllowing prv�isions re[afiing
<br /> to go��rnmental�axes,�ees and charges are a par�af this Deed v�F Trust:
<br /> Current Tax�s, F�es and Charges. Upon request by Lender, Trustor shall execu�e such documents in addi�ion t❑
<br /> �his Deed o�Trust and take whate��r o�her ac�ion is reques��d hy Lender ta per�Fecfi and c�ntEnue Lender's lien on
<br /> the Real Praper�y. Trus�or sha11 reimhu�-se Lender �For all �ax�s, as described below, t�ge�her v►ri�h all expenses
<br /> incurred �n recarding, perfecting or continuing �his �3eed of Trust, including withaut Eimi�a�ion all taxes, �ees,
<br /> dv�umentary stamps, and other�harges��r recording or registering�his ❑eed o-�Trus�.
<br /> Taxes. The fallawing shaii cvns�i�u�e taxes �o wh�ch fihis section applies: 41} a specific tax upon this �ype vf
<br /> Deed o#Trust ar upon all or any part a�the lndebtedness secured by this ❑eed o�Trus�; �2� a speci�ic tax on
<br /> Trustar which Trus�or is authorized or required to deduc�from paymen�s vn fihe Indebtedness secured by this#ype
<br /> of Deed o�Trusfi; �3} a tax�n this type❑fi Deed o�Trusfi chargeabie against�he Lender❑r the halder❑f the Note;
<br /> and 44} a specific�ax on alf ar any pflr�ion of the lndeb�edness ar on payments vf principal and interest made �y
<br /> Trustor.
<br /> Subsequent Taxes. l� any �ax ta which thEs sectian applies is enacted subsequent tv fihe dafie ❑fi fihis Deed o�F
<br /> Trust, this �Went shall ha�e the same effect as an E�en� af ❑efau[t, and Lender may exercise any vr all af ��s
<br /> aWailahle remedies �ar an E�enfi ofi De�aul� as pro�ided beiow unless Trust�r ei�her t"I} pays the tax before it
<br /> becomes delinquent, or ��} contests the�ax as provided abo�e in�he Taxes and Liens se��ivn and deposits with
<br /> Lender cash❑r a sufficient carparate sure�y laand�r a�her securi�y sa�isfac�vey to Lender.
<br /> SECURITY AGREEMENT; F�NANCING STATEMENTS. The #allvwing pro�isivns reiating to this Deed of Trus� as a
<br /> security agreemen�are a part af this Deed ofi Trust:
<br /> 5ecurity Agreemen�. This instrument shal� cons�itu�e a 5�curity Agre�men� �v fihe extent any v# the Pr�perty
<br /> constitufi�s �ixtures, and Lender shall ha�e ali af fihe righ�s of a secured party under the Uniform CvmmerciaE Cade
<br /> as amended fram time ta time.
<br /> Securi�ty lnterest. Upon request 1ay Lender, Trustvr shall take whafie�e�- activn is requested by Lender �ko perfec�
<br /> and cvn�inue Lender's security interes� in the Rents and Persona[ Property. ln addition to rec�rding this ❑eed vf
<br /> Trust in �he real proper�y re�ards, Lender may, at any time and withaut further autharizatian fram Trus�or, file
<br /> executed counte�-par�s, copies or reproductions of th�s Deed of Trust as a �inancing statement. Trustar shall
<br /> reimburse Lender fivr a[� expenses incurred in per�ecting o� cont�nuing �this se�uri�y in�eres�. Upon default, Trus�or
<br /> shall not remo�e, se�er or de�ach the Personal Property from the Property. Upon defau�t, Trusto� shall assemble
<br /> any Persvnal Praperty na� af�ixed �o the Praperty in a manner and a� a pla�e reasvnably c�n�enient�o Trustar and
<br /> Lender and make it a�ai[abfe fo Lender within three �3} days aft�r receipt a�f wri��en demand �rom Lender to the
<br /> exten�permitfied by app�i�ahle law.
<br /> Addresses. The maEfing addresses of Trustor �deb-�or} and Lender �secured party} fram which in�ormat;on
<br /> concerning the security infieres� granted by�his Deed of Trus� may be ob�a�ned �each as required by the Uniform
<br /> Cvmmercial Cvde� are as stated❑n fihe first page vf�his Deed o�T�ust.
<br /> FURTHER A55URANCES: ATT�RNEY-iN-FAGT. The �a[[�wing pra�isinns rela�king �ko further assurances and
<br /> attorn�y--in-�act are a part❑f th�s Deed of Trust:
<br /> Further Assurances. At any fiime, and �rom time �v time, upan requesfi af Lender, Trustor will make, exe�ute and
<br /> deli�er, ar wil� Gause tv be made, execu�ed vr deliWered,to Lender or t❑ Lender's des�gnee, and when reques�ed by
<br /> Lender, cause to be �iled, reco�ded, re�i�ed, o� rerecorded, as �he �ase may be, at such times and in such o���ces
<br /> and pIa�es as Lender may deem approp�iate, any and all su�h mortgages, deeds of trus�, security deeds, security
<br /> agreements, financing statements, continua�ion staternen�s, inst�uments af further assur-ance, certi�icates, and
<br /> other dv�uments as may, in�he sole ❑pinian of Lender, be necessary or desirable in vrder to effectuate, camplete,
<br /> perf�c�, continue, ar preser�e {�} Trus�vr's v�ligations under fihe Note, this aeed o� Trust, and �he Related
<br /> Documents, and {�� �he ��ens and security in�erests created by this �e�d of Trusfi as firsfi and privr �iens fln the
<br /> Property, whether now vwned or hereafter acqu�red by Trustvr. Unless prohibi�ed by law or Lender agrees ta �he
<br /> �on�rary in writing, Trustor shall reim�urse Lender �or ail CQ5�5 and expenses incurred in c�nnec�ion with the
<br /> mafi�ers reterred fio in this paragraph.
<br /> Attvrney-fn-Fa��. If Trustor�ails to d❑ any ❑��he things referred �o in the preceding paragraph, Lender may do so
<br /> �or and in the name of Trustar and at Trus�or's expense. Far such purposes, Trustar hereby irre�acabIy appoints
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