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DEED OF TRUST
<br />Loan NO: 776792 200302284 (Continued) Page 4
<br />No Modification. Truster shall not enter into any agreement with the holder of any mortgage, dead of trust, or other security agreement
<br />which has priority over this Deed of Trust by which that agreement is modified, amended, extended, or renewed without the prior written
<br />consent of Lender_ Truster shall neither request nor accept any future advances under any such security agreement without the prior wnften
<br />consent of Lender.
<br />CONDEMNATION. The following provisions relating to condemnation proceedings are a pad of this Dead of Trust:
<br />Proceedings. If any proceeding in condemnation is filed, Truster shall promptly moldy Lender in writing, and Truster shall promptly take such
<br />steps as may be necessary to defend the action and obtain the award. Truster may be the nominal parry in such proceeding. but Lender
<br />shall be entitled to participate in the proceeding and to be represented in the proceeding by counsel of its own choice, and Truster will
<br />deliver or cause to be delivered to Lender such instruments and documentation as may be requested by Lender from time to time to permit
<br />such participation.
<br />Application of Net Proceeds. If all or any part of the Property is condemned by eminent domain proceedings or by any proceeding or
<br />purchase in lieu of condemnation, Lender may at its election require that all or any portion of the net proceeds of the award be applied to the
<br />Indebtedness or the repair or restoration of the Property. The net proceeds of the award shall mean the award after payment of all
<br />reasonable costs. expenses, and attorneys' fees incurred by Trustee or Lender in connection with the condemnation.
<br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The fallowing provisions relating to governmental taxes,
<br />fees and charges are a pad of this Deed of Trust:
<br />Current Taxes, Fees and Charges. Upon request by Lender, Truster shall execute such documents in addition to this Deed of Trust and
<br />take whatever other action is requested by Lender to perfect and continue Lender's lien on the Real Property. Truster shall reimburse Lender
<br />far all taxes, as described below, together with all expenses incurred in recording, perfecting or continuing this Deed of Trust, including
<br />without limitation all taxes, fees, documentary stamps, and other charges for recording or registering this Dead of Trust.
<br />Taxes. The following shall constitute taxes to which this section applies: (1) a specific tax upon this type of Deed of Trust or upon all or any
<br />pad of the Indebtedness secured by this Deed of Trust; (2) a specific lac on Borrower which Borrower is authorized or required to deduct
<br />from payments on the Indebtedness secured by this type of Deed of Trust; (3) a tax on this type of Deed of Trust chargeable against the
<br />Lender or the hostler of the Note; and (4) a specific tax on all or any portion of the Indebtedness or an payments of principal and interest
<br />made by Borrower.
<br />Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the date of this Deed of Trust, this event shall have the
<br />same effect as an Event of Default, end Lender may exercise any or all of its available remedies for an Event of Default as provided below
<br />unless Trustor either (1) pays the lax before it becomes delinquent, or (2) contests the tax as provided above in the Taxes and Liens
<br />section and deposits with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The fallowing provisions relating to this Deed of Trust as a security agreement are a pad
<br />of this Dead of Trust:
<br />Security Agreement. This instrument shall constitute a Secunly Agreement to the extent any of the Property constitutes fixtures, and Lender
<br />shall have all of the rights of a secured party under the Uniform Commercial Code as amended from time to time.
<br />Security Interest. Upon request by Lender, Trustor shall execute financing statements and take whatever other action is requested by
<br />Lender to perfect and continue Lender's security interest in the Personal Property. In addition to recording this Deed of Trust in the real
<br />property records, Lender may, at any time and without further authorization from Trustor, file executed counterparts, copies or reproductions
<br />of this Deed of Trust as a financing statement. Trustor shall reimburse Lender for all expenses incurred in perfecting or continuing this
<br />security interest. Upon default, Trustor shall not remove, sever or detach the Personal Property from the Properly. Upon default, Trustor
<br />shall assemble any Personal Property not affixed to the Property in a manner and at a place reasonably convenient to Trustor and Lender
<br />and make it evellable to Lender within three (3) days after receipt of written demand from Lender to the extent permitted by applicable law.
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party) from which information concerning the security interest
<br />granted by this Deed of Trust may be obtained (each as required by the Uniform Commercial Code) are as stated on the first page of this
<br />Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY -IN -FACT. The following provisions relating to further assurances and aftorneytin -fact are a part of this
<br />Deed of Trust:
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and deliver, or will cause to be
<br />made, executed or delivered, to Lender or to Lender's designee, and when requested by Lender, cause to be filed, recorded, shied, or
<br />rerecorded, as the case may be, at such times and in such offices and places as Lender may deem appropriate. any and all such mortgages,
<br />deeds of trust, security deeds, security agreements, financing statements, continuation statements, instruments of further assurance,
<br />certificates, and other Documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect,
<br />continue, or preserve (1) Borrower's and Truser's obligations under the Note, this Dead of Trust, and the Related Documents, and (2)
<br />the liens and security interests created by this Deed of Trust on the Property, whether now owned or hereafter acquired by Trustor. Unless
<br />prohibited by law oa Lender agrees to the contrary in writing, Trustor shall reimburse Lender for all casts and expenses incurred in
<br />connection with the matters referred to in this paragraph.
<br />Attorney-In-Fact. If Truster falls to do any of the things referred to in the preceding paragraph, Lender may do so for and in the name of
<br />Truslor and at Truster's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Truster's attorney -in -fad for the
<br />purpose of making, executing, delivering, filing, recording, and doing all ether things as may be necessary or desirable, in Lender's sole
<br />opinion, to accomplish the matters referred to in the preceding paragraph.
<br />FULL PERFORMANCE. If Borrower pays all the Indebtedness, including without limitation all future advances, when due, and otherwise performs
<br />all the obligations Imposed upon Truster under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full reconveyance and
<br />shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing Lender's security interest in the
<br />Rents and the Personal Property. Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable law.
<br />EVENTS OF DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust if any of the following happen:
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