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Loan No: 11089283
<br />DEED OF TRUST � 0 9. 2 0 0 0 8 6
<br />(Continued) Page 4
<br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall have all of the rights of e secured perty under the Uniform Commerciel Code
<br />as amended from time to time.
<br />Security Interest. Upon request by Lender, Trustor shall teke whatever action is requested by Lender to perfect
<br />end continue Lender's security interest in the Rents and Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender may, at eny time and without further authorizetion from Truator, file
<br />executed counterperts, copies or reproductions of thia Deed of Trust as e financing stetement. Trustor shall
<br />reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor
<br />shall nat remove, sever or detech the Personal Property from the Property. Upon default, Trustor shall essemble
<br />any Personal Property not affixed to the Property in a manner and at e place reasonebly convenient to Trustor and
<br />Lender and make it available to Lender within three (3) days after receipt of written demand from Lender to the
<br />extent permitted by applicable lew.
<br />Addresses. The mailing addresses of Truator (debtor) and Lender (secured perty) from which information
<br />concerning the security interest granted by thia Deed of Trust may be obtained (each as required by the Uniform
<br />Commercial Code) are as steted on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurances and
<br />attorney-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and
<br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by
<br />Lender, ceuse to be filed, recorded, refiled, or rerecorded, es the case mey be, et such times and in such offices
<br />and places as Lendar may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments of further essurance, certificates, and
<br />other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Trustor's obligetions under the Note, this Deed of Trust, and the Related
<br />Documents, end (2) the liens end aecurity interests created by this Deed of Trust as first and prior liens on the
<br />Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the
<br />contrery in writing, Trustor shall reimburse Lender for all costs and expensea incurred in connection with the
<br />matters referred to in this paragraph.
<br />Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding paragreph, Lender may do so
<br />for and in the name of Trustor end at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints
<br />Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all
<br />other things as may be necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor peys ell the Indebtedness when due, and otherwise performs all the obligations
<br />imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
<br />reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on
<br />file evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyence fee required by law
<br />shall be paid by Trustor, if permitted by appliceble law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Default under this Deed
<br />of Trust:
<br />Payment Default. Trustor fails to make any payment when due under the Indebtedness.
<br />Other Defaults. Trustor fails to comply with or to perform any other term, obligation, covenant or condition
<br />contained in this Deed of Trust or in any of the Related Documents or to comply with or to perform any term,
<br />obligation, covenant or condition contained in any other agreement between Lender and Trustor.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained in this
<br />Deed of Trust, the Note or in any of the Related Documents.
<br />Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment
<br />for taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
<br />Default in Favor of Third Parties. Should Grantor default under any loan, extension of credit, security agreement,
<br />purchase or seles agreement, or any other agreement, in favor of any other creditor or person that may materially
<br />affect any of Grantor's property or Grantor's ability to repay the Indebtedness or Grantor's ebility to perform
<br />Grantor's obligations under this Deed of Trust or any of the Related Documents.
<br />False Statements. Any warranty, representation or statement made or furnished to Lender by Trustor or on
<br />Trustor's behalf under this Deed of Trust or the Related Documents is false or misleading in any material respect,
<br />either now or at the time made or furnished or becomes false or misleading at any time thereafter.
<br />Defective Collateralization. This Deed af Trust or any of the Related Documents ceases to be in full force end
<br />effect (including failure of any collateral document to creete e valid and perfected security interest or Iien) at any
<br />time and for any reason.
<br />Insolvency. The dissolution or termination of Trustor's existence es a going business, the insolvency of Trustor,
<br />the appointment of a receiver for any part of Trustor's property, any assignment for the benefit of creditors, any
<br />type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or
<br />against Trustor.
<br />Credkor or Forfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, self-help, repossession or any other method, by any creditor of Trustor or by eny governmental agency
<br />against any property securing the Indebtedness. This includes a gernishment of any of Trustor's accounts,
<br />including deposit eccounts, with Lender. However, thia Event of Default shall not appiy if there is a good faith
<br />dispute by Trustor as to the validity or reasonebleness of the claim which is the basis of the creditor or forfeiture
<br />proceeding and if Trustor gives Lender written notice of the creditor or forfeiture proceeding and deposits with
<br />Lender monies or e surety bond for the creditor or forfeiture proceeding, in en amount determined by Lender, in its
<br />sole discretion, as being en adequate reserve or bond for the diapute.
<br />Breach of Other Agreemsnt. Any breach by Trustor under the terms of eny other agreement between Trustor end
<br />Lender that is not remedied within eny grace period provided therein, including without limitetion any agreement
<br />concerning eny indebtedness or other obligetion of Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarentor. Any of the preceding events occurs with respect to any Guarantor of any of the
<br />Indebtedness or any Guarantor dies or becomes fncompetent, or revokes or disputes the validity of, or liability
<br />under, any Guaranty of the Indebtedness.
<br />Adverse Change. A material adverse change occurs in Trustor's financial condition, or Lender believes the
<br />prospect of payment or performance of the Indebtedness is impaired.
<br />Insecurity. Lender in good faith believes itself insecure.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at eny time thereafter,
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