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DEED OF TRUST 2 012 0 2 7 7�s
<br />(Continued) Page 5
<br />to governmental taxes, fees and charges are a pert of this Deed of Trust:
<br />CurreM Taxes, Fees and Charges. Upon request by Lender, Trustor shall 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 Real Property. Trustor shali reimburse Lender for ell taxes, as described below, together with ell expenses
<br />incurred in recording, perfecting or continuing this Deed of Trust, including without limitation all taxes, fees,
<br />documentary stamps, and other charges for recording or registering this Deed ot Trust.
<br />Taxes. The following shall constitute taxas to which this section applies: (1? a specific tax upon this type of
<br />Deed of Trust ar upon alt or any part of the Indebtedness sacured by this Deed of Trust; (2? a specific tax on
<br />Trustor which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type
<br />of Deed at Trust; (3) e tax on this type of Deed ot Trust chargeable against the Lender or the holder of the Nota;
<br />and �(4} a specific tax on all or any portion of the Indebtedness or on payments of principel and interest mede by
<br />Trusior.
<br />Subsequerrt Taues. 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 exercise any or ell of its
<br />available remedies for an Event of Defauit as provided below unless Trustor either (7) peys 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 other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCIIYG STATEMENTS. The following provisions relating to this Deed of Trust as a
<br />security agraement are a part of this Deed of Trust:
<br />Sectaity Agreement. This instrumeni shalf constitute a Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall have all of the rights of a secured party under the Un(form Commercial Code
<br />as amended ftom time to time.
<br />Seeurity Interest. Upon request by Lander, Trustor shall take whatever ection 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, et any time and without further authorization from Trustor, file
<br />executed courrterparts, 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 ftom the Property. Upon default, Trustor shall assemble
<br />any Personal Property not affixed to the Property in a manner and at a plece reasonably convenient to Trustor and
<br />Lender end make it evailable to Lender within three (3} days after receipt of written demend from Lender to the
<br />exterrt permitted by applicable law.
<br />Addresses. The mailing addresses of Trustor (debtor? and Lender (secured party) from which intormetion
<br />conceming the sacurity interest granted by this Deed of Trust may be obtained (each as required by the Uniform
<br />Commercial Code) are es stated on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; A7TORNEY-IN-FACT. The following provisions releting to further assurances and
<br />attorney-in-fact are a part of thia 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 v+rill ceuse 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 appropriate, any and all such mortgeges, deeds of trust, security deeds, security -
<br />agreements, financing statemeMS, continuation statements, instruments of further assurance, certiflcates, and �
<br />other documents es may, in the sole opinion of Lender, be necessary or desireble in order to effectuate, complete, `
<br />perfect, continue, or presen+e (1I Trustor's obligations under the Note, this Daed of Trust, and the Related _
<br />Documents, and (2) the liens and security interests created by this Deed of Trust on the Properry, whether now _
<br />owrned or hereafter ecquired by Trustor. Unless prohibited by law or Lender egrees to the conuery in writing, -
<br />Trustor shall reimburse Lender for all costs and expenses incurred in connection with the metters referred to in this •
<br />paragraph. "
<br />Attomey-in-Fact. If Trustor fails to do any of the things referred to in the preceding paragreph, Lender may do so -•
<br />for end in the name of Trustor and at Trustor's expense. For such purposes, Truator hereby irrevocabty 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 desirable, in Lender's sole opinion, to accomplish the matters referred to in :
<br />the preceding paragraph. ..
<br />FlJLL PERFORIIAANCE. If Trustor pays all the Indebtedness when due, and otherwise pe�forms all the obligations
<br />imposed 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 termineUon of eny flnancing 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 applicable law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Defeult under this Deed
<br />ot Trust:
<br />Payment Default. Trustor fails to make any payment when due under the Indebtedness.
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