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� DEED OF TRUST 2 p 12 0110 �
<br />Loan No: 101249434 (Continued) Page 6
<br />Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing ell
<br />other th(ngs as may be necessary or des(rable, in Lender's sole op(nion, to eccomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Truator pays all the Indebtedness, including without limitation all future advances, when due,
<br />and otherwise performs all the obligations imposed upon Truator under this Deed of Truat, Lender shall execute end
<br />deliver to Trustee a request for full reconveyence and shell execute end deliver to Trustor auitable stetements of
<br />termination of any financing statement on file evidencing Lender's security interest in the Rents and the Personel
<br />Property. Any reconveyance fee requ(red by law shall be paid by Trustor, if permitted by applicable law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Defeult under this Deed
<br />of Trust:
<br />Payment Defauk. Trustor fails to make eny peyment when due under the Indebtedness.
<br />Other Defaults. Trustor fails to comply with or to perform eny other term, obligation, covenant or condition
<br />contained in this Deed of Trust or in eny of the Releted 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 Defauk. Failure to comply with any other term, obligetion, covenent or condition contained in this
<br />Deed of Trust, the Note or in any of the Related Documents.
<br />Defeult on Other Payments. Failure of Truator within the time requ(red by this Deed of Trust to make any payment
<br />for taxes or insurance, or any other payment necesaery to prevent filing of or to effect discharge of any lien.
<br />Felse Statements. Any warranty, representation or statement made or furnished to Lender by Trustor or on
<br />Trustor's behalf under this Deed of Truat or the Releted Documents is felse or misleading in eny meterial respect,
<br />either now or et the time made or furniahed or becomea false or misleading at any time thereafter.
<br />Defective Collateralization. This Deed of Truat or any of the Related Documents ceases to be in full force and
<br />effect (including failure of any collaterel document to create a valid and perfected security interest or Iien) at any
<br />time and for any reason.
<br />Death or insolvency. The death of Trustor, the insolvency of Trustor, the eppointment of e receiver for any pert of
<br />Trustor's property, eny assignment for the benefit of creditors, any type of creditor workout, or the
<br />commencement of any proceeding under any bankruptcy or insolvency laws by or against Truator.
<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 Truator or by any governmental egency
<br />against eny property securing the Indebtedness. This includes a gernishment of any of Trustor's accounts,
<br />including deposit eccounts, with Lender. However, this Event of Default shell not apply if there is e good faith
<br />dispute by Trustor es to the validity or reasonableness 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 deposita with
<br />Lender monies or a surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in its
<br />sole discretion, as being en adequate reserve or bond for the dispute.
<br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and
<br />Lender that is not remedied within eny grece period provided therein, including without limitation eny agreement
<br />concerning eny indebtedness or other obligetion of Trustor to Lender, whether existing now or later.
<br />Events Affecting (ivarantor. Any of the preceding events occurs with respect to eny guarantor, endorser, surety,
<br />or accommodation party of eny of the Indebtedness or eny guarentor, endorser, surety, or accommodation party
<br />dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guarenty of the
<br />Indebtedness.
<br />Adverse Change. A material adverse change occurs in Trustor's financial condltion, or Lender believes the
<br />prospect of payment or pertormence of the Indebtednesa is impalred.
<br />Insecurity. Lender in good feith believes itaelf insecure.
<br />Existing Indebtedness. The payment of any instellment of principel or any interest on the Exiating Indebtedness is
<br />not made within the time required by the promisaory note evidencing auch indebtedneas, or a defeult occurs under
<br />the instrument securing such indebtedness and is not cured during any appliceble grace period in such inatrument,
<br />or any suit or other action is commenced to foreclose eny existing lien on the Property.
<br />Right to Cure. If eny default, other than a default in peyment is curable end if Trustor has not been given a notice
<br />of a breach of the same prov(sion of this Deed of Truat within the preceding twelve (12) months, it may be cured if
<br />Trustor, after Lender sends written notice to Trustor demanding cure of such default: (1) cures the default within
<br />fifteen (16) days; or (2) (t the cure requirea more than Hfteen (15) days, immedietely initiates steps which Lender
<br />deems in Lender's sole discretion to be aufficfent to cure the default and thereafter cont(nues and completes ell
<br />reasonable and necessary steps sufficient to produce complience as soon as reasonably practicel.
<br />RIQHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, et any time thereafter,
<br />Trustee or Lender may exercise any one or more of the following rights and remediea:
<br />AcceleraUon Upon Default; Additionel Remedies. If any Event of Default occurs es per the terms of the Note
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