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DEED OF TRUST
<br />Loan No: 774252 (Continued) Page 4
<br />200206435
<br />Defense of Title. Subject to the exception in the paragraph above, Truster warrants and will forever defend the title to the Property
<br />aga'met the lawful claims of all persons. In the event any Action or proceeding is c bed that questions Truster's title or the
<br />interest of Trustee or Lender under this Deed of Trust, Trustor shall defend the action at Trustnr's expanse. Truafnr may be the
<br />nominal party in such proceeding, but Lender shall be entitled to participate In the proceeding and to be represented in the proceeding
<br />by counsel of Ler i s own choice, and Trustor will deliver, or cause to be delivered, to Lender such Instruments as Lender may
<br />request from time to time to acted such participation
<br />Compliance With Laws. Trustor warrants that the Property and Trustui s use of the Property complies with all existing applicable
<br />laws, ordinances, and reguhationa of governmental authorities.
<br />Survival of Representations and Warranties. All representations, warranties, and agreements made by Trustor in this Deed of Trust
<br />shall survive the execution and delivery at this Deed of Trust, shall be continuing In nature, and shall remain in full force and effect
<br />until such time as Borrower's Indebtedness shall be paid In full.
<br />EXISTING INDEBTEDNESS. The follawing Provisions concerning Existing Indebtedness are a part of this Deed of Trust:
<br />Existing Lien. The lien of this Deed of Trust sccoring the Indebtedness may be secondary and Inferior to a existing lien. Trustor
<br />expressly covenants and agrees to pay, or see to the payment of, the Existing ledublodnese and to prevent any default on uch
<br />Indebtedness, any default under the Instruments evidencing such indebtedness, or any default under any security documents for sur:h
<br />indebtedness.
<br />No Modification. Trustor shall not enter into any agreement with the holder of any mortgage, deed of trusq n other xa.ccri,
<br />agreement which has priority over this Deed of Trust by which that agreement is nabbed, amended, extended, or wed without
<br />the prior written consent of I under. Truster shall neither request nor accept any future advances under any such security agreement
<br />without the prior written cgnscnt of Lender
<br />CONDEMNATION. The following provisions relating to condemnation proceedings are a part of this Deed of Trust
<br />Proceedings. It any proceeding In condemnation is filed, Trustor shall promptly notify Lender in writing, and Trustor shall promptly
<br />take such steps as may benecessary to defend the action and obtain the award. Trustor may be the nominal party in such
<br />Proceeding, but Lender shall be entitled to participate in the proceeding and to he represented in the proceeding by counsel of Its awn
<br />choice, and Truster will deriver or cause to be delivered to Lender such instruments and documentation as may be requested by
<br />Ler dra from time to time to permit 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 condemnatiion. Lender may at its election require that all or any portion of the net proceeds of the award be applied
<br />to the Indebedness or the repair or restoration of the Property. The nut proceeds of the award shall mean the award after payment of
<br />all reasunabhc costs, expenses, and anornays' fees Incurred by Trustee or Lender in connection with the condemnation.
<br />IMPOSITION OF TAXES. FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating to governmental
<br />taxes, fees and charges are a part of this Deed of Trust:
<br />Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall execute such documents in addition to this Deed of Trust
<br />and take whatever other action Is requested by lender Ta perfect and continue Lender's lien on the Real Property. Trustor shall
<br />Inei rse Lender far all taxes, as described below, together with all expenses incurred in recording, perfecting or continuing this Dead
<br />of Trust, Including without limitation all taxes, fees, documentary stamps, and other ctaryos for recording or reg'stering this Deed of
<br />Trust.
<br />Taxes. The following shall constitute taxes to which this section applies- (1) A spaoifir tax upon this type of Dead of Trust or upon
<br />or any part of the Indebtedness secured by this Deed of Trust; (2) a specific tax on Borrower which Borrower is authmheed or
<br />all
<br />equired to deduct from payments on the Indebtedness secured by this type of Deed of Trust (3) a tax on this type of Deed of Trust
<br />chargeable against the Lender or the holder of the Nate; and (4) a specific tax on all or any portion of the Indebtedness or on
<br />payments of principal and Interest made by Borrower.
<br />Subsequent Taxes. If any tax to which this avarice trophies Ise acted subsequent to the date of this Dead of Trust, this event shall
<br />have the same affect As an Event of Default, and Lender may exercise any or all at Its available matches for on Event of Default as
<br />provided below unless Trustor either (1) pays the tax before it becomes delinquent, or (2) contests the tax as provided above in the
<br />Taxes and Liens section and deposits with I under cash or a suffi cart corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions mlating to this Deed of Trust as a security agreement are a
<br />part ul fins Deed of 1i
<br />Security Agreement. I his inslrument shall constitute A Security Agreement to this extent any of the Property constitutes fixtures, and
<br />Lender shall have all of the rights of a scoured party under the Uniform Commercial Cade 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 s urity 'interest in the Rents and Personal Property. In addition to recording this Deed of
<br />Trust In the real property records, Lender roar, at any time and without further authorisation from Trusmr, file a x noted n umorparts,
<br />copies o reproductions of this Deed of Trust as a financing statement. Trustor shall reimburse Lender for allexpunses moment in
<br />perfecting or continuing this security Interest. Upon default, Trustor shall not remove, sever or detach the Personal Property from the
<br />Property. Upon default, Truster shall assemble any Personal Property oat affixed To the Property in manner and at a place
<br />reasonably convenient to Trustor and Lender and make It evolubhe to Lender within three 13) days after receipt of written demand
<br />Imm Lentler to the extent permitted by applicable law.
<br />Addresses. The mailing addresses of Trustor Iknmq and Lender (secured party) from which Information concerning the security
<br />interest granted by this Deed of Gust Play be obtained (each as required by the Uniform Canoe rclal Code) are as stated on the first
<br />page of this Dead of Trust.
<br />FURTHER ASSURANCES; ATTORNEY -IN -FACT. The following provisions relating to further assurances and attorney -in -tact are a part at
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