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� � 201201010
<br /> DEED OF TRUST
<br /> Loan No:872058457 (Continued} Page 4
<br /> to governmental taxes,fees and charges are a part of this Deed of Trust:
<br /> Current Taues,Fees and Charges. Upon request by Lender,TrusYor shali execute such documents in addition to
<br /> this Deed of Trust and take whatever other action is requested by Lender to perfect and continue Lender's lien on
<br /> the Reai Property. Trustor shall reimburse Lender for all taxes, as described bebw,together with all expenses
<br /> incurred in recording, perfecvng or continuirrg 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[azes to which tFiis section applies: (1) a specific tax upon this type of
<br /> Deed of Trust or upon all or any part of the Indebtedness secured 6y this Deed of Trust; (2) a specific tax on
<br /> Trustor which Trustor is authorized or required to deduct from payme�ts on the Indebtedness secured by this type
<br /> of Deed of Trust; (31 a tax on this type of Deed of Trust chatgeaple against the Lender or the holder of the Credit
<br /> Agreement; and (4) a specific tax on all or any portion of the Indebted�ess or on payments of principal and
<br /> interest made by Trustor.
<br /> Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the date of this Deed of
<br /> " Trust,this event shall have the same effect as an Event of Default, and Lender may ezercise any or all of its
<br /> available remedies for an Event of Default as provided 6elow unless Trustor either (1) pays the tax before it
<br /> becomes delinquent,or (2) contests the tax as provided above in the Taxes and Liens section and deposits with
<br /> , Lender cash or a sufficient corporate surety bond or oYher security satisfactory m Lender.
<br /> SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a
<br /> security agreemeni are a part of this Deed of Trust:
<br /> Security Agreement. This instrumeM shall constitute a Security Agreement to the extent any of the Property
<br /> constitutes fi�ctures,and Lender shall have ail of the rights of a secured party under tHe Uniform Commercial Code
<br /> as ame�ded from time to time.
<br /> Sewrity Interest. Upon request by Lender,Trustor shall take whatever action is requested by Lender to perfect
<br /> and continue Lender's security interest i�the Personal Property. In addition to recording this�eed of Trust in the
<br /> real property records, Lender may, at any time and without further authorization from Trustor, file executed
<br /> counterparts, copies or reproductions of this Deed of Trust as a financing statem���ent. Trustor shall refmburse
<br /> Lender for all expenses incurred in perfecting or continuing this security interest. Upon default,Trustor shall not
<br /> remove, sever or detach the Personal Property from the Property. Upon defauit, Trustor shall assemble any
<br /> Personal Property not affixed to the P�operty in a manner and at a place reasonably convenient to Trustor and
<br /> Lender and make it available to Lender withirt three (3� days after receipt of writte�demand from Lender to the
<br /> extent permitted by applica6le law.
<br /> Addresses. The mailing addresses of Trusmr (debtor) and Lender (secured partyl �From which information
<br /> concerning the security interest grantetl by this Deed of Trust may 6e obtained (each as requited 6y the U��niform
<br /> Commercial Code)are as stated on the first page of this Deed of Trust.
<br /> FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relaiing io Turther 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,cause to be filed,recorded,refiled,or rerecorded,as the case may be,at such times and in such offices
<br /> and places as Lender may deem appropnate,any and all such mortgages,deeds of trust,securiTy deeds,security
<br /> agreemeMS, financing staTemertts, caniinuation 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 effiectuate,complete,
<br /> perfect, continue,or preserve f11 Trustor's obligations under the Credit Agreement,this Deed of Trust,and the
<br /> Related Documents,. and i21 the liens and securiYy interests created 6y this Deed oi Trust on the Property,
<br /> whether now owned or hereafter acquired by Trustor. Unless ptohibited by law or Lender agrees to the contrary in
<br /> writing,Trustor shall reimburse Lender for all costs and expenses incurred in connection with the matters referred
<br /> 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 Ttustor's expense. For such purposes,Trustor hereby irYevoc:abfy 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 deshable,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,terminates the credit line account,and otherwise
<br /> performs all the otiligations imposed upon Trustor under this Deed of Trust,Lender shall execute and deliver to Trustee
<br /> a request for full reconveyance and shall execute and deltver to Trustor suitable statements of termination of any
<br /> financing statement on file evidencing Lender's secunty interest in the Rents and the Personal Property. Any
<br /> reconveyance fee required by law shall be paid by Trustor,if permitted by applicable law.
<br /> EVENTS OF DEFAULT. Trustor will be in default under this Deed of Trust if any of the�Following happen; (A) Trustor
<br /> commits fraud or makes a material misrepresentation at any time in connection with the Credit Agreement. This can
<br /> include, for example, a false statement about Trustor's income, assets, liabilities, or any other aspects of Trustor's
<br /> financial condition. (B) Trustor does not meet the repayment terms of the Credit Agreement. (C) Trustor's action or
<br /> inaction adversely affects the collateral or Lender's rights in the collateral.: This can include, for ezample, failure to
<br /> maintain required insurance,waste or destructive use of the dwelling,failure to pay taxes,death of all persons liable on
<br /> the account, tYansfer of title or sale of the dwell.ing, creation of a senior lien on the dwelling without Lender's
<br /> permission,foreclosure by the holder of another li�en,or the use of funds or the dwelling fnr prohibited purposes.
<br /> RIGH35 ABLD REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust,at any time thereafter,
<br /> Trustee or Lender may exercise any one or more of the fioliowing rights and remedies:
<br /> Acceleration Upon Default;Additional Remedies. If any Event of Default occurs as per fhe terms of the Credit
<br /> Agreement secured hereby,Lender may declare ali Indebtedness secured by this Deed of Trust to be due and
<br /> payable and the same shall.thereupon become due and payable without any presentment,demand,protest or
<br /> notice of any kind. Thereafter,Lender may: �
<br /> (a) Either in person or by agent, with or without bringi�g any action or procaeding, or by a receiver
<br /> appointed by a court and wi[hout regard to the adequacy of lts security,enter upon and take possession
<br /> of the Property,or any part thereof,in its own name or in the name of Trustee,and do any acts which it
<br /> deems necessary or desirable to preserve the value,matketability or rentability of the Property,or part of
<br /> the Property or interest in the Property;increase the income from the Property or protect the security of
<br /> the Property; and, witH or without taking possession of the Property, sue for or otherwise collect the
<br /> rents,issues and profits of the Property, including those past due and unpaid,and apply the same,less
<br /> costs and expenses of operation and collection attorneys'fees,to any indebtedness secured by this Deed
<br /> � of Trust, all in such order as Lender may determine. The entering upon and taking possession of the
<br /> Property, the collection of such rents, issues and profits, and the application thereof shall not cure or
<br /> waive any default or notice of default under this�eed.of Trust or invalidate any act done in response to
<br /> sach default or pursuant to such notice of defauft;and,notwithstanding the continuance in possession of
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