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<br />Loan No: 101240725
<br />4 t>
<br />DEE[p OF TRUST
<br />(C
<br />2��103�67
<br />Page 4
<br />laws, ordinances, and regulations of governmental authorit
<br />Survival of Representations and Warranties. All represem
<br />shall survive the execution and delivery of this Deed af T�
<br />until such time as Trustor's Indebtedness shall be paid ln f�
<br />�s, warranties, and agreements made by Trustor in this Deed of Trust
<br />shall be continuing in nature, and shall remain in full force and effect
<br />EXISTING INDEBTEDNESS. The following provisions concerning� Existing Indebtedness are a part of this Deed of Trust:
<br />Exisdng Lien. 7he lien of this Deed of Trust securing the Indebtedness may be secondary and inferior to an existing lien. Trustor
<br />expressly covenents end egrees to pay, or see to the pa ment of, the Existing Indebtedness end to prevent any default on such
<br />indebtedness, any default under the instruments evidencing such indebtedness, or any default under any securfty documents for such
<br />indebtedness.
<br />No Modification. Trustor shall not enter into any agree ent with the holder of any mortgege, deed of trust, or other security
<br />agreement which has priority over this Deed of Trust by hich thet agreement is modified, amended, extended, or renawed without
<br />the prior written consent of Lender. Trustor shall neither r quest nor accept any future advances under any such security agreement
<br />without the prior written consent of Lender.
<br />CONDEMNATION. The following provisions relating to condemn�tion proceedings are a part of this Deed of Trust:
<br />Proceedings. If any proceeding in condemnation is filed, rustor shall promptly notify Lender in writing, and Trustor shall promptly
<br />take such steps es may be necessary to defend the acion and obtein the award. Trustor mey be the nominal party in such
<br />proceeding, but Lender shall be entitled to participate in the proceeding and to be represented in the proceeding by counsel of its own
<br />choice, and Trustor will deliver or cause to be deliverad o Lender such instruments and documentation as may be requasted by
<br />Lender from time to time to permit such participation.
<br />Application of Net Proceeds. If all or any part of the Prope is condemned by eminent domain proceedings or by any proceeding or
<br />purchase in lieu of condemnation, Lender may at its electio require that all or any portion of the net proceeds of the eward be applied
<br />to the Indebtedness or the repair or restoration of the Prope . The net proceeds of the award shall mean the award after payment of
<br />all reasonable costs, expenses, and attorneys' fees incurred by Trustee or Lender in connection with the condemnation.
<br />IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNM NTAL 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 Lend r, Trustor shall execute such documents in addition to this Deed of Trust
<br />and take whatever other action is requested by Lender t pe�fect and continue Lender's lien on the Real Property. Trustor shall
<br />reimbursa Lender for all taxes, as described below, togethe with all expenses incurred in recording, perfecting or continuing this Deed
<br />of Trust, including without limitation all taxes, fees, docum ntary stamps, and other charges for recording or registering this Deed of
<br />Trust.
<br />Taxes. The following shell constitute taxes to which this s ction epplies: (1) a specific tax upon this type of Deed of Trust or upon
<br />all or any part of the Indebtedness secured by this Dee of Trust; (2) a specific tax on Trustor which Trustor is euthorized or
<br />required to deduct from payments on the Indebtedness sec red by this type of Deed of Trust; 13) a tax on this type of Deed of Trust
<br />chergeable against the Lender or the holder of the Note; and (4) a specific tax on all or any portion of the Indebtedness or on
<br />peyments of principal and interest made by Trustor.
<br />Subsequent Taxes. If any tax to which this section epplie is enacted subsequent to the date of th(s Deed of Trust, this event shall
<br />heve the same effect as an Event of Default, and Lender ay exercise any or all of lts available remedies for an Event of Default as
<br />provided below unless Trustor either (1) peys the tax befo e it becomes delinquent, or (2) contests the tax as provided ebove in the
<br />Taxes and Liens section and deposits with Lender cash or e sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMEIVT; FINANCING STATEMENTS. The follo ing provisions relating to this Deed of Trust as a security egreement are a
<br />part of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute e Sec rity Agreement to the extent any of the Property constituies fixtures, end
<br />Lender shall have all of the rights of a secured party under t e Uniform Commerciel Code as amended from time to time.
<br />Secur'rty Interest. Upon request by Lender, Trustor shall ta e whatever action is requested by Lender to perfect and continue Lender's
<br />security interest in the Rents and Personal Property. In a dition to recording this Deed of Trust in the real property records, Lender
<br />may, at any time and without further authorization from T ustor, file executed counterparts, copies or reproductions of this Deed of
<br />Trust as a financing statement. Trustor shall reimburse ender for all expenses incurred in perfecting or continuing this security
<br />interest. Upon defeult, Trustor shall not remove, saver or d tach the Personal Property from the Property. Upon default, Trustor shall
<br />assemble any Personal Properry not affixed to the Prope in a manner and at e place reasonably convenient to Trustor and Lender
<br />and make it available to Lender within three (3) days after r ceipt of written demand from Lender to the extent permitted by applicable
<br />law.
<br />Addresses. The mailing eddresses of Trustor idebtor) an Lender (secured party) from which information concerning the security
<br />interest grented by this Deed of Trust may be obteined (ea h as required by the Unitorm Commercial Code) are as stated on the first
<br />page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following
<br />this Deed of Trust:
<br />Further Assurances. At any time, end from time to time, u
<br />to be made, executed or delivered, to Lender or to Lende
<br />refiled, or rerecorded, as the case may be, at such times e
<br />such mortgages, deeds of trust, security deeds, security �
<br />further assurance, certificates, and other documents as i
<br />effectuate, complete, perfect, continue, or preserve (7)
<br />relating to further assurances and attorney-in-fact are a part of
<br />�on request of Lender, Trustor will make, execute and deliver, or will cause
<br />'s designee, and when requested by Lender, cause to be filed, recorded,
<br />id in such offices end places as Lender may deem appropriate, eny and all
<br />areements, flnencing statements, continuation statements, instruments of
<br />�ay, in the sole opinion of Lender, be necessary or desirable in order to
<br />Trustor's obligations under the Note, this Deed of Trust, and the Related
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