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DEED OF TRUST (Continued) 200511673 Page 2 The pravlslans .of this sectian .of the Deed .of Trust, including the abligatian ta indemnify, shall survive the payment .of the Indebtedness and the satisfactian and recanveyance .of the lien .of this Deed .of Trust and shall nat be affected by Lender's acquisitian .of any interest in the Praperty, whether by foreclasure .or .otherwise. Nuisance, Waste. Trustar shall nat cause, canduct .or permit any nuisance nar cammit, permit, .or suffer any stripping .of .or waste an .or ta the Preperty .or any portien .of the Praperty. Withautlimiting the generality .of the faregaing, Trustar will nat remave, .or grant te any ether party the right ta remave, any timber, minerals (including .oil and gas), caal, clay, sceria, seil, gravel .or reck preducts withaut Lender's priar written censent. Remaval .of Impravements. Trustar shall nat demalish .or remeve any Imprevements fram the Real Property withaut Lender's priar written censent. As. a canditian ta the remeval .of any Improvements, Lender may require Trustar ta make arrangements satisfactery ta Lender ta replace such Imprevements with Impravements .of at least equal value. Lender's Right ta Enter. Lender and Lender's agents and representatives may enter upan the Real Praperty at all reasenable times te attend ta Lender's interests and teinspect the Real Praperty far purpases .of Trustar's campliance with the terms and canditians .of this Deed .of Trust. Campllance with Gavernmental Requirements. Trustar shall premptly cemply with all laws, .ordinances, and regulatians, naw .or hereafter in effect, .of all gevernmental autharities applicable te the use .or .occupancy .of the Praperty. Trustar may cantest in gaad faith any such law, .ordinance, .or regulatien and withheld campliance during any proceeding, including apprepriate appeals, se leng as Trustor has notified Lender in writing prier to deing so and sa lang as, in Lender's sale apinian, Lender's interests in the Property are nat jeapardized. Lender may require Trustar ta past adequate security .or a surety bend, reasenably satisfactary ta Lender, ta pratect Lender'. interest. Duty ta Pratect. Trustar agrees neither ta abanden .or leave unattended the Property. Trustar shall da all ather acts, in additien te thase acts set farth abave in this sectien, which fram the character and use .of the Praperty are reasenably necessary ta pretect and preserve the Preperty. TAXES AND LIENS. The fallawing previsiens relating ta the taxes and liens an the Property are part .of this Deed .of Trust: Payment. Trustar shall pay when due (and in all events priar te delinquency) all taxes, special taxes, assessments, charges (including water and sewer), fines and impasitians levied against .or an accaunt of the Property, and shall pay when due all claims far wark dane an .or far services rendered .or material furnished to the Property. Trustar shall maintain the Praperty free .of all liens having prierity ever .or equal ta the interest of Lender under this Deed .of Trust, except fer the lien .of taxes and assessments not due, except for the Existing Indebtedness referred ta belaw, and except as .otherwise previded in this Deed .of Trust. Right ta Cantest. Trustar may withheld payment .of any tax, assessment, .or claim in cannectian with a gaad faith dispute aver the abligatian ta pay, sa lang as Lender's interest in the Property is nat jeapardized. If a lien arises .or is filed as a result .of nanpayment, Truster shall within fifteen (15) days after the lien arises .or, if a lien is filed, within fifteen (15) days after Trustar has netice .of the filing, secure the discharge of the lien, .or if requested by Lender, de pas it with Lender cash .or a sufficient cerperate surety bend .or ather security satisfactary ta Lender in an ameunt sufficient te discharge the lien plus any cests and reasanable attarneys' fees, .or ather charges that cauld accrue as a result .of a fereclesure .or sale under the lien. In any cantest, Trustar shall defend itself and Lender and shall satisfy any adverse judgment before enforcement against the Property. Trustar shall name Lender as an additianal .obligee under any surety band furnished in the cantest praceedings. Evidence .of Payment. Truster shall upen demand furnish to Lender satisfactary evidence .of payment .of the taxes .or assessments and shall autherize the apprapriate gavernmental .official ta deliver ta Lender at any time a written statement .of the taxes and assessments against the Praperty. Natice .of Canstructlan. Truster shall netify Lender at least fifteen (15) days befare any wark is cammenced, any services are furnished, .or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, .or ather lien cauld be asserted an accaunt .of the wark, services, .or materials and the cest exceeds $10,000.00. Truster will upen request .of Lender furnish te Lender advance assurances satisfactary ta Lender that Truster can and will pay the cest .of such imprevements. PROPERTY DAMAGE INSURANCEr .:The- following provisians relating tQ. ins.uringthe. Praperty are a part .of this Deed .of Trust. Maintenance .of Insurance. Truster shall precure and maintain pelicies .of fire insurance with standard extended caverage endersements an a replacement basis far the full insurable value covering all Impravements an the Real Praperty in an amaunt sufficient te aveid applicatien .of any ceinsurance clause, and with a standard mortgagee clause in faver .of Lender, tegether with such ather hazard and liability insurance as Lender may reasanably require. Palicies shall be written in farm, amaunts, caverages and basis reasanably acceptable ta Lender and issued by a campany .or campanies reasanably acceptable ta Lender. Trustar, upen request .of Lender, will deliver te Lender frem time te time the pelicies .or certificates .of insurance in ferm satisfactery ta Lender, including stipulatians that caverages will nat be cancelled .or diminished withaut at least thirty (30) days priar written netice te Lender. Each insurance palicy alsa shall include an endarsement praviding that caverage in favar .of Lender will not be impaired in any way by any act, emissien .or default .of Truster .or any ether persen. Sheuld the Real Preperty be lecated in an area designated by the Directar .of the Federal Emergency Management Agency as a special f1eed hazard area, Truster agrees ta .obtain and maintain Federal Flaad Insurance, if available, within 45 days after natice is given by Lender that the Praperty is lecated in a special fleed hazard area, far the maximum amaunt .of yaur credit line and the full unpaid principal balance .of any priar liens an the praperty securing the lean, up ta the maximum pelicy limits set under the Natienal Fleed Insurance Pregram, .or as .otherwise required by Lender, and to maintain such insurance fer the term .of the laan. Applicatian .of Praceeds. Truster shall premptly netify Lender .of any lass .or damage ta the Praperty if the estimated cest .of repair .or replacement exceeds $10,000.00. Lender may make praef .of lass if Trustar fails ta da sa within fifteen (15) days .of the casualty. Whether or net Lender's security is impaired, Lender may, at Lender's electien, receive and retain the proceeds .of any insurance and apply the praceeds ta the reductian .of the Indebtedness, payment .of any lien affecting the Preperty, .or the restaratian and repair .of the Praperty. If Lender elects ta apply the praceeds ta restaratian and repair, Trustor shall repair .or replace the damaged .or destrayed Impravements in a manner satisfactery te Lender. Lender shall, upen satisfactary praaf .of such expenditure, pay .or reimburse Truster fram the praceeds far the reasenable cost of repair .or resteratien if Truster is n.ot in default under this Deed .of Trust. Any preceeds which have net been disbursed within 180 days after their receipt and which Lender has nat cemmitted te the repair .or restaratian .of the Praperty shall be used first te pay any ameunt .owing t.o Lender under this Deed .of Trust, then te pay accrued interest, and the remainder, if any, shall be applied ta the principal balance .of the Indebtedness. If Lender h.olds any praceeds after payment in full .of the Indebtedness, such proceeds shall be paid te Truster as Truster's interests may appear. LENDER'S EXPENDITURES. If Trust.or-faiis (:Aj-to-keep"Hle-Property ffij-eoT all raxes-;-fiens-;- sect.lrity interests, encumbrances, and ather claims, (B) ta previde any required insurance en the Pr.operty, .or (e) ta make repairs ta the Preperty then Lender may da sa. If any actian .or praceeding is cemmenced that weuld materially affect Lender's interests in the Praperty, then Lender en Truster's behalf may, but is net required t.o, take any actian that Lender believes ta be apprepriate te pretect Lender's interests. All expenses incurred .or paid by Lender fer such purpeses will then bear interest at the rate charged under the Credit Agreement frem the date incurred .or paid by Lender ta the date .of repayment by Trustor. All such expenses will beceme a part .of the Indebtedness and, at Lender's eptien, will (A) be payable en demand; (8) be added ta the balance .of the Credit Agreement and be appertiened amang and be payable with any installment payments te beceme due during either (1) the term .of any applicable insurance pelicy; .or (2) the remaining term of the Credit Agreement; .or (C) be treated as a balloen payment which will be due and payable at the Credit Agreement's maturity. The Praperty alsa will secure payment .of these amounts. The rights previded fer in this paragraph shall be in addition to any ether rights .or any remedies ta which Lender may be entitled en acc.ount .of any default. Any such actian by Lender shall n.ot be c.onstrued as curing the default se as ta bar Lender fram any remedy that it .otherwise wauld have had. WARRANTY; DEFENSE OF TITLE. The fallawing pravisians relating ta .ownership .of the Preperty are a part .of this Deed .of Trust: Title. Truster warrants that: (a) Trustar halds good and marketable title .of record t.o the Praperty in fee simple, free and clear .of all liens and encumbrances ether than these set farth in the Real Property descriptien .or in any title insurance palicy, title repert, .or final title .opinion issued in faver .of, and accepted by, Lender in cannectian with this Deed .of Trust, and (b) Trustar has the full right, pewer, and autharity ta execute and deliver this Deed .of Trust te Lender.