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Loan No: 33902 200107898
<br />but Lender shall be entitled to participate in the proceei
<br />Trustor will deliver, or cause to be ;delivered, to U
<br />participation.
<br />Compliance With Laws. Trustor warrants that the
<br />ordinances, and regulations of governmental authorities
<br />Survival of Promises. All promises, agreements, ar
<br />delivery of this Deed of Trust, shall be continuing in nF
<br />is paid in full.
<br />CONDEMNATION. The foltwing provisions relating to con
<br />Proceedings. If any proceeding in condemnation is fil
<br />steps as may be necessary to defend the action and
<br />shall be entitled to participate In the proceeding and
<br />purchase in lieu of condemnation, Lender m
<br />Indebtedness or the repair or restoration
<br />reasonable` costs, expenses, and attorneys'
<br />IMPOSITION OF TAXES, FEES AND CHARGE
<br />fees and charges are a part of this Deed of Trust
<br />Current Taxes, Fetus and Charges. Upor
<br />take whatever other action is requested by I
<br />for all taxes, as described below, togethei
<br />without limitation all taxes, fees, documents
<br />Taxes. The following shall constitute taxes
<br />part of the indebtedness secured by this G
<br />payments on the Indebtedness secured by
<br />or the holder of the Note; and (4) a specil
<br />Trustor.
<br />Subsequent Taxes. if any tax tt which thl
<br />same effect as an Event of Default, and G
<br />unless Trustor either (1) pays the tax IN
<br />section and deposits with Lender cash or a
<br />SECURITY AGREEMENT; FINANCING STATE
<br />of this Seed of Trust:
<br />Security Agreement. This instrument sha
<br />shall have all of the rights of a secured par
<br />property records, Lender may, at any time and with,
<br />of this Deed of Trust as a financing statement. 1
<br />security interest. Upon default, Trustor shall' not n
<br />shall assemble any Personal Properly not affixed t
<br />and make it available to Lender within three (3) days
<br />Addresses. The retailing addresses of Trustor (de
<br />granted by this Deed of Trust may be obtained (eE
<br />Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN- FACT. Thi
<br />Deed of Trust:
<br />Further Assurances. At any time, and from time t
<br />made, executed or delivered, to Lender or to Len
<br />rerecorded, as the case may be, at such times and
<br />deeds of trust, security deeds, security agreern
<br />certificates, and other documents as may, in the s
<br />continue, or preserve (1) Trustor's obligations r
<br />security Interests created by this Deed of Trust as
<br />Unless prohibited by law or Lender agrees to the
<br />connection with the matters referred' to in this parar
<br />Attorney -in -Fact If Trustor fails to do any of the
<br />Trustor and at Trustor's expense. For such pur
<br />purpose of making, executing, delivering, filing, re
<br />opinion, to accomplish the matters referred to in thi
<br />FULL PERFORMANCE. If Trustor pays all the Indebtr
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<br />Rents and the `Pemsonat Property. Any reconvei
<br />EVENTS OF DEFAULT. At Lender's option, Tr
<br />Payment Default. Trustorfaiipto make ai
<br />Break Other Promises. Trustor breaks'
<br />provided In this Deed of Trust or in aWag
<br />Compliance Default. Failure to comply y
<br />any of the Related Documents. If such a (
<br />Deed of Trust within the preceding twelve
<br />sends written notice demanding cure of si
<br />(30) days, immediately initiates steps suffi
<br />sufficient to produce compliance as soon
<br />Default on Other Payments. Failure of 1
<br />any other payment necessary to prevent fi
<br />Default In Favor of Third Parties. Sh
<br />agreement, or any other agreement, in fa
<br />ability to repay the Indebtedness or perfor
<br />False Statements. Any representation o
<br />or the Related Documents is false or midi
<br />Page 3
<br />weeding by counsel of Lender's own choice, and
<br />r ! may request from time to time to permit such
<br />Property complies' with all existing applicable laws,
<br />i this Deed of Trust shall survive the execution and
<br />ind effect until such time as Trustor's Indebtedness
<br />)f this Deed of Trust:
<br />trier in writing, and Trustor shall promptly take such
<br />i the nominal party in such proceeding, but Lender
<br />ng by counsel of its own choice, and Trustor will
<br />ae requested by Lender from time to time to permit
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<br />all or any portion of the net proceeds of the award be applied to the
<br />7roceeds of the award shall mean the award after'- payment of all
<br />Lender in connection with the condemnation.
<br />JTHORITIES. The following provisions relating to governmental taxes,:
<br />shall execute such documents in addition to this Deed of Trust and
<br />ie Lender's lien on the Real Properly. Trustor shall reimburse Lender
<br />In recording, perfecting or continuing this Deed of Trust, including
<br />5' for recording or registering this Dead of Trust.
<br />(1) a specific tax upon this type of Deed of Trust or upon all or any
<br />tax on Trustor which Trustor is authorized or required to deduct from
<br />13) a tax on this type of Deed of Trust chargeable against the Lender
<br />f'the Indebtedness' or on payments of principal and interest made by
<br />subsequent to the date of this Deed of Trust, this event shall have the
<br />tit of Its available remedies`#or an Event of Default as provided below
<br />or (2) contests the tax as provided above in the Taxes and Liens
<br />and or other security satisfactory to Lender.
<br />risions relating to this Deed' of Trust as a security agreement are a part
<br />sment to the extent any of the Property constitutes fixtures, and Lender
<br />miai Code as amended from time to time.
<br />further authorization from Trustor, file executed counterparts', copies or reproaucnons
<br />Aor shall reimburse Lender for all expenses incurred in perfecting or continuing this
<br />ove, sever or detach the Personal' Property from the Property. Upon default, Trustor
<br />is Property in a manner and at a place reasonably, convenient to Trustor and Lender
<br />Ur receipt of written demand from Lender to the extent permitted by applicable' law.
<br />r) and Lender (secured party) from which information concerning the security; interest
<br />as required by the Uniform Commercial Code) are as stated on the first page of this
<br />0
<br />,Mowing provisions relating to further assurances and attorney -in -fact are a part of this
<br />me, upon request of Lender, Trustor will make, execute and deliver, or will cause to be
<br />'s designee, and when requested jbyl Lender, cause to be filed, recorded, refiled, or
<br />such offices and places as Lender may deem appropriate, any and all such mortgages,
<br />s. financing statements, continuation statements, instruments of further assurance,
<br />opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect,
<br />er the Note, this Deed of Trust, and the Related Documents, and (2) the iiens and
<br />it and prior liens on the Property, whether now owned or hereafter acquired by Trustor.'
<br />itrary in writing, Trustor shall reimburse Lender for all costs and expenses incurred in
<br />)h.
<br />igs referred to in the preceding paragraph, Lender may do so for and in the name of
<br />;es, Trustor hereby irrevocably appoints Lender as Trustor's attorney -in -fact for the
<br />'ding, and doing all other things as may be necessary or desirable, in Lender's sole'
<br />eceding paragraph.
<br />ass, including without limitation all future advances, when due, and otherwise performs'
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<br />in default under this Deed of Trust if any of the following happen:
<br />when due under the Indebtedness'.
<br />e made to LaMar or falls to perform promptly at the time and strictly in the manner
<br />tted to this Deed of Trust.'
<br />or term, obligation, covenant or condition contained in this Deed of Trust, the Note or in
<br />able and if Trustor has not been given a notice of a breach of the sane provision of this
<br />s, it may be cured (and no Event of Default will have occurred) if Trustor, after Lender
<br />(a) cures the failure within thirty (30) days; or (b) if the cure requires more than thirty
<br />a the failure and thereafter continues and completes' all reasonable and necessary steps
<br />ly practical.
<br />i the time required by this Deed of Trust to make any payment for taxes or insurance, or
<br />effect discharge of any lien.
<br />r default under any loan, extension of credit, security agreement, purchase or sales
<br />)they creditor or person that may materially affect any of Trustor's property or Trustors
<br />active obligations under this Deed of Trust or any of the Related Documents.
<br />made or furnished to Lender by Trustor or on Trustor's behatt under this Deed of Trust
<br />y material respect, either now or at the time made or furnished.
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