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<br />H " <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />200800168 <br /> <br />Page 3 <br /> <br />Defense af Title. Subject to the exception in the paragraph above, Trustor warrants and will farever defend the title to' the Property <br />against the lawful claims of all persans. In the event any action ar praceeding is cammenced that questians Trustar's title ar the <br />interest af Trustee ar Lender under this Deed af Trust, Trustar shall defend the action at Trustor's expense. Trustar may be the <br />naminal party in such praceeding, but Lender shall be entitled to' participate in the proceeding and to' be represented in the praceeding <br />by counsel of Lender's awn choice, and Trustor will deliver, or cause to' be delivered, to' lender such instruments as Lender may <br />request fram time to' time to' permit such participation. <br /> <br />Campliance With Laws. Trustar warrants that the Praperty and Trustar's use af the Praperty camplies with all existing applicable <br />laws, ardinances, and regulatians af gavernmental autharities. <br /> <br />Survival of Pramises. All pramises, agreements, and statements Trustar has made in this Deed af Trust shall survive the executian <br />and delivery af this Deed of Trust, shall be cantinuing in nature and shall remain in full farce and effect until such time as Trustar's <br />Indebtedness is paid in full. <br /> <br />EXISTING INDEBTEDNESS. The fallawing pravisians cancerning Existing Indebtedness are a part af this Deed af Trust: <br /> <br />Existing Lien. The lien of this Deed af Trust securing the Indebtedness may be secandary and inferiar to' an existing lien. Trustor <br />expressly cavenants and agrees to' pay, ar see to' the payment of, the Existing Indebtedness and to' prevent any default an such <br />indebtedness, any default under the instruments evidencing such indebtedness, or any default under any security dacuments far such <br />indebtedness. <br /> <br />NO' Madificatian. Trustar shall nat enter intO' any agreement with the halder af -any martgage", deed af trust, ar ather security <br />agreement which has priarity aver this Deed af Trust by which that agreement is madified, amended, extended, ar renewed withaut <br />the prior written cansent af Lender. Trustor shall neither request nar accept any future advances under any such security agreement <br />withaut the priar written cansent af Lender. <br /> <br />CONDEMNATION. The fallawing pravisians relating to' candemnation proceedings are a part af this Deed af Trust: <br /> <br />Proceedings. If any praceeding in candemnatian is filed, Trustar shall promptly natify Lender in writing, and Trustar shall pramptly <br />take such steps as may be necessary to' defend the actian and abtain the award. Trustar may be the naminal party in such <br />proceeding, but Lender shall be entitled to' participate in the praceeding and to be represented in the praceeding by caunsel of its awn <br />chaice, and Trustor will deliver ar cause to' be delivered to' Lender such instruments and documentation as may be requested by <br />Lender fram time to' time to permit such participation. <br /> <br />Applicatian af Net Praceeds. If all or any part of the Praperty is candemned by eminent damain praceedings or by any praceeding ar <br />purchase in lieu af candemnatian, Lender may at its election require that all ar any partian af the net proceeds af the award be applied <br />to the Indebtedness ar the repair ar restaratian af the Praperty. The net proceeds af the award shall mean the award after payment af <br />all reasanable costs, expenses, and attarneys' fees incurred by Trustee ar Lender in cannectian with the candemnation. <br /> <br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The fallawing pravisians relating to governmental <br />taxes, fees and charges are a part af this Deed af Trust: <br /> <br />Current Taxes, Fees and Charges. Upon request by Lender, Trustar shall execute such documents in additian to' this Deed of Trust <br />and take whatever other actian is requested by Lender to' perfect and cantinue Lender's lien on the Real Praperty. Trustar shall <br />reimburse Lender far all taxes, as described belaw, tagether with all expenses incurred in recarding, perfecting or cantinuing this Deed <br />of Trust, including withaut limitatian all taxes, fees, dacumentary stamps, and ather charges far recarding or registering this Deed af <br />Trust. <br /> <br />Taxes. The following shall constitute taxes to' which this sectian applies: (1) a specific tax upan this type af Deed of Trust ar upan <br />all ar any part af the Indebtedness secured by this Deed of Trust; (2) a specific tax on Trustor which Trustar is autharized or <br />required to' deduct fram payments an the Indebtedness secured by this type af Deed af Trust; (3) a tax on this type af Deed of Trust <br />chargeable against the lender ar the halder af the Nate; and (4) a specific tax an all ar any partian of the Indebtedness ar an <br />payments of principal and interest made by Trustar. <br /> <br />Subsequent Taxes. If any tax to' which this sectian applies is enacted subsequent to' the date af this Deed af Trust, this event shall <br />have the same effect as an Event af Default, and Lender may exercise any ar all af its available remedies far an Event af Default as <br />provided be law unless Trustar either (1) pays the tax before it becames delinquent, ar (2) cantests the tax as pravided abave in the <br />Taxes and Liens section and deposits with Lender cash ar a sufficient corparate surety band ar ather security satisfactary to' Lender. <br /> <br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following pravisians relating to' this Deed of Trust as a security agreement are a <br />part af this Deed of Trust: <br /> <br />Security Agreement. This instrument shall canstitute a Security Agreement to' the extent any af the Praperty canstitutes fixtures, and <br />Lender shall have all af the rights af a secured party under the Unifarm Cammercial Cade as amended fram time to time. <br /> <br />Security Interest. Upan request by Lender, Trustar shall take whatever actian is requested by Lender to' perfect and cantinue Lender's <br />security interest in the Persanal Property. In additian to' recarding this Deed of Trust in the real praperty recards, Lender may, at any <br />time and withaut further autharizatian fram Trustar, file executed caunterparts, capies ar repraductians af this Deed of Trust as a <br />financing statement. Trustor shall reimburse Lender far all expenses incurred in perfecting ar cantinuing this security interest. Upan <br />default, Trustar shall not remove, sever ar detach the Persanal Praperty from the Praperty. Upan default, Trustar shall assemble any <br />Persanal Praperty nat affixed to' the Praperty in a manner and at a place reasanably canvenient to' Trustar and Lender and make it <br />available to' Lender within three (3) days after receipt of written demand fram Lender to' the extent permitted by applicable law. <br /> <br />Addresses. The mailing addresses af Trustar (debtar) and Lender (secured party) from which infarmatian cancerning the security <br />interest granted by this Deed af Trust may be abtained (each as required by the Uniform Commercial Cade) are as stated an the first <br />page af this Deed af Trust. <br /> <br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following pravisians relating to further assurances and attarney-in-fact are a part af <br />this Deed af Trust: <br /> <br />Further Assurances. At any time, and fram time to' time, upan request af Lender, Trustar will make, execute and deliver, ar will cause <br />to' be made, executed ar delivered, to' Lender ar to' Lender's designee, and when requested by Lender, cause to be filed, recarded, <br />refiled, ar rerecarded, as the case may be, at such times and in such affices and places as Lender may deem apprapriate, any and all <br />such martgages, deeds af trust, security deeds, security agreements, financing statements, continuatian statements, instruments af <br />further assurance, certificates, and ather dacuments as may, in the sole apinian af lender, be necessary or desirable in arder to <br />effectuate, camplete, perfect, cantinue, ar preserve (1) Trustar's abligations under the Nate, this Deed af Trust, and the Related <br />Dacuments, and (2) the liens and security interests created by this Deed of Trust an the Praperty, whether naw awned or hereafter <br />acquired by Trustar. Unless prahibited by law ar Lender agrees to' the cantrary in writing, Trustar shall reimburse Lender far all costs <br />and expenses incurred in cannectian with the matters referred to' in this paragraph. <br /> <br />Attarney-in-Fact. If Trustar fails to' dO' any af the things referred to' in the preceding paragraph, lender may dO' sa far and in the name <br />af Trustar and at Trustar's expense. For such purpases, Trustar hereby irrevacably appaints Lender as Trustar's attarney-in-fact far <br />the purpase af making, executing, delivering, filing, recarding, and daing all ather things as may be necessary ar desirable, in Lender's <br />sale apinian, to' accamplish the matters referred to' in the preceding paragraph. <br /> <br />FULL PERFORMANCE. If Trustar pays all the Indebtedness, including withaut Iimitatian all future advances, when due, and atherwise <br />perfarms all the abligatians impased upan Trustor under this Deed af Trust, Lender shall execute and deliver to' Trustee a request far full <br />recanveyance and shall execute and deliver to' Trustar suitable statements af terminatian af any financing statement an file evidencing <br />lender's security interest in the Rents and the Persanal Praperty. Any recanveyance fee required by law shall be paid by Trustar, if <br />permitted by applicable law. <br /> <br />EVENTS OF DEFAULT. At lender's aptian, Trustar will be in default under this Deed af Trust if any af the fallawing happen: <br /> <br />Payment Default. Trustar fails to' make any payment when due under the Indebtedness. <br /> <br />Break Other Pramises. Trustar breaks any promise made to' lender ar fails to perfarm pramptly at the time and strictly in the manner <br />