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200207232 DEED OF TRUST
<br />Loan ND: 774264 (Continued) Page 4
<br />Indebtedness r the repair p restoration of me Property. The net proceeds of the award anal mean the award after payment of all
<br />reasonable coati, expenses, and attorneys' fees incurred by Trustee or Lender m connection with the condemnation.
<br />IMPOSITION OF NUCES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating to governmental taxes,
<br />lees and charges are a pad of Deed of Trust
<br />Current Tm[es, Fees and enarges. Upon request by Lender, Trustor 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 Lenders lien On the All Property. Truster shall reimburse Lender
<br />for all taxes, as described below, together with all expenses incurred In recording, perfecting Of continuing this Deed of Trust, Including
<br />without limitation all taxes, fees, documentary stamps, and other charges far recording or registering this Dead of Trial.
<br />Taxes. The following shall constitute taxes to which this section applies: (1) a scandal lax upon this type of Deed of Trust or upon all or any
<br />part of the indebtedness secured by this Dead of Trust; (2) a specific tax on Borrower which Borrower Is authorized Or required to deduct
<br />from payments on the Indebtedness secured by this type of Deetl of Trull; (3) a tax on this type of Dead of Trust chargeable against the
<br />Lender or the holder of the Note; and (4) a spttiflc tax on all or any portion of the Indebtedness or on 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 tins event shall nave the
<br />same effect as an Event of DelaulL and Lender may exercise any or all of its available remedies for an Event of Default as provided below
<br />ass Truer either (1) pays the tax before it becomes delinquent or (2) contests the tax as provided above in the Taxes and Liens
<br />unless
<br />non and appeals with Lender assn or a sulfipient corporate surely bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following previsions relating to this Deed of Trust as a security agreement are a pad
<br />of this Deed of Land.
<br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Properly constitutes fixtures, and Lender
<br />shall have all of the rights of a secured party under the Uniform Commercial Cade as amended from time t0 time.
<br />Security lal¢resL Upon request by Lender, Fusion shall execute Loading statements and take whatever other action Is requested by
<br />Lender to perfect and confuse Lender's security Interest In the Rents and Personal Property. In addition to recording this Deed of Trust In
<br />the real property records, Lender may, at any time and without further authorization from Trustor, file executed counterparts, copies or
<br />reproductions of this Deed of Trust as a financing statement. Truster shall reimburse Lender for all expenses Incurred In Oerarding Or
<br />continuing this security Interest Upon default Trustor shall not remove, cover or detach the Personal Property from the Property. Upon
<br />default, Trustor shall assemble any Personal Property not affixed to the Property In a manner and at a place reasonably convenient to Truslor
<br />and Lender and make it available to Lender within three (3) days attar mceds Of written demand from Lender to the extent permitted by
<br />applicable law.
<br />Addresses- The matilog addresses of Tru fir (debtor) and Lender (secured pane) from which lomrmanon concerning the security Interest
<br />granted by this Dead of Trust may be obtained (each as required by the Uniform Commercial Code) are as slated on the first page of this
<br />Deed of Trust.
<br />FURTHER ASSURANCES: ATTORNEY -IN -FACT. The fallowing provisions relating t0 further assurances and attorney -in -fact are a pad of this
<br />Deed of Trost
<br />Further Assurances. At any time and from time to time, upon request of Lender, Trustor all make, execute and deliver, or will cause to be
<br />made, executed or delivered, to Lender or to Lenders designee, and when requested by Lander, cause to be filed recorded retired, 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 bust security documents e security in the sole o (romaine statements, vessary continuation d statements, er to a act of assurance,
<br />entinue, o end lone. (1) B o as may, in the sole color of Lender, t be eery Deed of Trust, in other IP effectuate Docments, complete. perfect,
<br />ignnnns or preserve p) Borrowers and thus olof Trust under an prix foie Deed of Truer arty the Related w owned she aft
<br />ce time and security mess prohibited by this Deed of Trust as nth and poor liens On the Progeny, whether now owned all osts nd
<br />acquired by Trustor_ unless pn Alnd o by law or Lender agrees to c the contrary In writing, Truslor shell reimburse Lender for all costs and
<br />expenses incurred In OOnneG9on wnh Ne matters referred to in this paragraph.
<br />Allorneytinfacl. If Trader fails to do any of the things reaued to in the preceding paragraph, Lender may de se for and In the name of
<br />Truslor and at Tmslor a expense For Such purpos s, Truslor hereby irrevocably appoints Lender as Truster'& amaneytirHacl for the
<br />purpose of making, executing, dellverme, filing, recording, and doing all Other things as may be necessary or desirable, In Lender's sole
<br />opinion, to accompll¢h the matters referred to in the preceding paragraph.
<br />FULL PERFORMANCE. If Borrower pays all the Indebtedness, mundane without limitation all future advances, when due, and otherwise rehouse
<br />all the obligations Imposed upon Truster under this Used Of Trust tender shall execute Find delver to Trustee a request for roll mconveyanee and
<br />shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing Lender's security Interest if the
<br />Rents and the Personal Property' Any mconveyano¢ fee required bylaw shall be paid by Trustor, If permusid by applicable law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shell constitute an Event of Default under this Deed of Trust:
<br />Payment Detaull. BorrowerfallstomakeanypaymentwhendueunderNeIndebtedness
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<br />Other Defaults. Borrower or Taylor falls to Comply with or to perform any Other term, obligation, covenant or complain contained In this
<br />Deed of Trust or In any of the Related Documents or to comply with or to perform any term, obligation, covenant or condition contained In
<br />any other agreement between Lender and Borrower or Trustor.
<br />Compliance Default. Failure to comply with any other term, obligator, covenant Or condition contained In this Dead of Trust, the Note or In
<br />any of the Reacted Documents. If such a failure is curable and it Borower or Trustor has not been given a notice of a breach Of same
<br />provision of this Deed of Trust within the preceding twelve (12) months, it may be cured (and no Event of Default will have Occurred) it
<br />Borrower Or Trader after Lender sends written notice demanding cure of such failure: (a) Oulas NB failure within fifteen (15) day6 or Is) it
<br />the cure requires more than fifteen (15) days, Immediately Initiates steps sufficient to cure the failure and thereafter ontinues and completes
<br />all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical
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