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Loan No: 101 �47790
<br />DEED OF TRUST
<br />(Continued) � p�� 0 013 7 Page 5
<br />of Deed of Trust; (3) a tax on this type of Deed of Trust chargeable against the Lender or the holder of the Note;
<br />end (4) a specific tax on all or any portion of the Indebtedness or on payments of principal and interest made by
<br />Trustor.
<br />Subsequent Ta�ces. If any tax to which this section applies is enected subsequent to the date of this Deed of
<br />Trust, this event shall have the same effect as en Event of Default, end Lender may exercise any or all of its
<br />available remedies for an Event of Default as provided below unless Trustor either (1) pays the tax before it
<br />becomes delinquent, or (2) contests the tax as provided above in the Texes and Liens section end deposits with
<br />Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions releting to this Deed of Trust as a
<br />security agreement are a part of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall heve all of the rights of e secured party under the Uniform Commercial Code
<br />as amended from time to time.
<br />Security Interest. Upon request by Lender, Trustor shall take whatever action is requested by Lender to perfect
<br />and continue Lender's security interest in the Rents end Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender may, at any time end without further authorization from Trustor, file
<br />executed counterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustor shell
<br />refmburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon defaut4, Trustor
<br />shall not remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble
<br />any Personal Property not affixed to the Property in e manner and at a place reasonably convenient to Trustor and
<br />Lender and make it available to Lender within three (31 days after receipt of written demand from Lender to the
<br />extent permitted by applicable law. �
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party) from which information
<br />concerning the security interest granted by this Deed of Trust may be obtained (each as required by the Uniform
<br />Commercial Code) are as stated 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, end when requested by
<br />Lender, cause to be filed, recorded, refiled, or rerecorded, es the case may be, at such times end in such offices
<br />end places as Lender may deem appropriete, any end all such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments ot further assurance, certificates, and
<br />other documents es may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens and security 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 />contrary in writing, Trustor shall reimburse Lender for all costs and expenses 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 paragraph, Lender may do so
<br />for and in the name of Trustor and at Trustor's expense. For such purposes, Trustar hereby irrevocably appoints
<br />Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, end doing all
<br />other things as may be necessary or desireble, fn Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future advances, when due,
<br />end .otherwise performs all the obtigations imposed upon Trustor under this Deed of Trust, Lender shall execute and
<br />deflver to T�ustee a request for full reconveyance and shall execute and deliver to Trustor suftable statements of
<br />termination of any financing statement on file evidencing Lender's security interest in the Rents end the Personal
<br />Property. Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable lew.
<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 />Complianca 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 />Dafauk on Other Payments. Failure of Trustor within the time requfred by this Deed of Trust to meke any payment
<br />for taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any Uen.
<br />False Statements. Any warranty, representetion or statement made or furnished to Lender by Trustor or on
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