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. ti'. <br />Loan No: 101250661 <br />DEED OF TRUST <br />(Continued) <br />�01202161 <br />Page 5 <br />incurred in recarding, 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 fotlowing shall constitute taxes to which this section applies: (1) a specific tax upon this type of <br />Deed of Trust or upon all or any part of the Indebtedness secured by this Deed of Trust; (2) e specific tax on <br />Borrower which Borrower is authorized or required to deduct from paymenta an the Indebtednesa secured by this <br />type of Deed of Trust; (3) e tax on this type of Deed of Trust chargeable ageinst the Lender or the holder of the <br />Note; and (4) e specific tax on all or any portion of the Indebtedness or on payments of principel end interest <br />made by Borrower. <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 shell have the same effect as an Event of Default, end Lender may exercise any or ell of its <br />available remedies for an Event of Defeult 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 Taxes end Liens section and deposits with <br />Lender cash or a sufficient corporete surety bond or other security satisfactory to Lender. <br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a <br />security agreement are a part of this Deed of Trust: <br />Securky Agreoment. This instrument shall constitute e Security Agreement to the extent eny of the Property <br />constitutes fixtures, and Lender shell have all of the righta of a secured party under the Uniform Commerciel 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 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 stetement. Trustor shall <br />reimburse Lender for ell 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 default, Trustor shall assemble <br />any Personal Property not affixed to the Properry in e manner and at a plece reasonebly convenient to Trustor end <br />Lender and make it available to Lender within three (31 deys 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 perty) irom 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 />ettorney-in-fact are a part of this Deed of Trust: <br />Further Assurences. At eny time, end from time to time, upon request of Lender, Trustor will meke, 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 mey deem appropriate, any and all such mortgages, deeds of trust, security deeds, security <br />agreements, financing statements, continuation statements, instruments of further assurance, certificates, and <br />other documents es may, in the sole opinion of Lender, be necessery or desirable in order to effectuete, complete, <br />perfect, continue, or preserve (1) Borrower's and Trustor's obligations under the Note, this Deed of Trust, and <br />the Releted Documents, and (2) the liens and security interests created by this Deed of Trust as first and prior <br />liens on the Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by lew or Lender <br />agrees to the contrary in writing, Trustor shall reimburse Lender for all costs end expenses incurred in connection <br />with the matters referred to in this paregraph. <br />Attorney-tn-Fect. If Trustor feils to do eny of the things referred to in the preceding peregreph, Lender may do so <br />for end in the name of Trustor and et 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 ell <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 Borrower and Trustor pay all the Indebtedness when due, and Trustor othervvise performs all <br />the obligatfons imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for <br />full reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement <br />on file evidencing Lender's security interest in the Renta end the Personal Property. Any reconveyence fee required by <br />law shall be paid by Trustor, if permitted by epplicable lew. <br />EVENTS OF DEFAULT. Each of the following, et Lender's option, shall constitute en Event of Default under this Deed <br />of Trust: <br />Payment Default. Borrower fatls to make any payment when due under the Indebtedness. <br />Other Defaults. Borrower or Trustor fails to comply with or to perform any other term, obligation, covenent or <br />condition contained in this Deed of Trust or in any of the Related Documents or to comply with or to perform any <br />term, obligation, covenant or condition contained in any other egreement between Lender and Borrower or Trustor. <br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition conteined in this <br />