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201200�2�
<br />DEED OF TRUST
<br />Loan No: 0898354492 (Continued) Page 5
<br />to govemmental taxes, fees and charges are a part of this Deed of Trust:
<br />Current Ta�ces, Fees and Charges. Upon request by Lender, Tnistor shall execute such documents in addiUon to
<br />this Deed of Trust and take whatever other action is requested by Lender to per�ect and continue Lender's lien on
<br />the Real Property. Trustor shall refmburse Lender for all taxes, as described below, together with all expenses
<br />incurred in recording, pertecting or continuing this Deed of Trust, including without limitation all taxes, fees,
<br />documentary stamps, and other charges for recording or registering this Deed of Trust.
<br />Taxes. The following shall constitute taxes to which this section applies: (1) a specific tax upon this type of
<br />De� of Trust or upon aIl or any part of the Indebtedness secured by this Deed of Trust; (2) a specific ta�c on
<br />Trustor which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type
<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 />and (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 Taxes. If any tax to which this section applies is enacted subsequent to the date of this De� of
<br />Trust, this event shall have the same effect as an Event of Default, and Lender may exercise any or alt of its
<br />available remedies for an Event of Default as provided below unless Trustor either (1) pays the ta�c before it
<br />becomes delinquent, or (2) contests the tax as provided above in the Taxes and Liens section and deposits wlth
<br />Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisfons relating to th(s Deed of Trust as a
<br />security agreement are a part of this Deed of Trust:
<br />Security Agr�ment This instrument shall constitute a Security Agreement to the extent any of the Property
<br />constitutes flxtures, and Lender shall have all of the rights of a 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 pertect
<br />and continue Lender's securiry interest in the Rents and Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender may, at any time and without further authorization from Trustor, flle
<br />executed counterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustor shall
<br />reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor
<br />shall not remove, sever or detach the Personal Property from the Property. Upon defauit, Trustor shall assemble
<br />any Personal Property not affixed to the Property in a manner and at a place reasonably 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 law.
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party) from which information
<br />conceming the security interest granted by this Deed of Trust may be obtained (each as requlred 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 />attomey-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, ta Lender or to Lender's designee, and when requested by
<br />Lender, cause to be filed, recorded, reflled, or rerecorded, as the case may be, at such times and in such offices
<br />and places as Lender may deem appropriate, any and all such mortgages, deeds of Wst, security deeds, security
<br />agreements, flnancing statements, continuation statements, instruments of further assurance, 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 obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens and security interests created by this De� 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 connectlon with the
<br />matters referred to in this paragraph.
<br />Attorney-in-Fact If Trustor fafls 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 TrustoPs expense. For such purposes, Trustor hereby irrevocably appoints
<br />Lender as Trustor's attomey-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all
<br />other things as may be necessary or desirabte, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness when due, and otherwise pertorms all the obligations
<br />(mposed 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 reconveyance fee required by law
<br />shall be paid by Trustor, if permitted by appUcable 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.
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