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� . . r <br />�' '�' *" :" � � "" ' Y .o'' DEED OF TRUST <br />Loan No: 101252818 (Continued) 2 012 0 4 2 7 8 Page 5 <br />Current Tex�s, 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 Ilen on <br />the Real Property. Trustor shall reimburse Lender for all taxes, as described below, together with all 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 of Trust. <br />Texes. The following 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) 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 of Trust; (3) a tax on this type of Deed of Trust chergeable 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 principel 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 Deed of <br />Trust, this event shell have the same effect as an Event of Default, and Lender may exercise any or all of its <br />available remedies for an Event of Default 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 and Liens section and deposits with <br />Lender cesh or a sufficient corporete surety bond or other security satisfactory to Lender. <br />SECURITY AQREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a <br />security egrepment are a part of this Deed of Trust: <br />Security Agreement. This instrument shall constitute e Security Agreement to the extent any of the Property <br />constitutes fi�ctures, and Lender shall heve all of the rights of a secured party under the Uniform Commerciel Code <br />as emended from time to time. <br />Security Interest. Upon request by Lender, Trustor shall take whatever action is requested by Lender to perfect <br />end continue Lender's security interest in the Personal Property. In addition to recording this Deed of Trust in the <br />real property records, Lender may, at any time and without further euthorization ftom Trustor, file executed <br />counterparts, copies or reproductions of this Deed of Trust as e financing statement. Trustor shell reimburse <br />Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor shell not <br />remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble eny <br />Personal Property not affixed to the Property in e manner and at a place reasonably convenient to Trustor end <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 />concerning the security interest granted by this Deed of Trust may be obteined (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 assurences and <br />attorney-in-fact are a part of this Deed of Trust: <br />Further Assuranc�s. At eny time, and from time to time, upon request of Lender, Trustor will make, execute and <br />deliver, or will cause to be mede, executed or delivered, to Lender or to Lender's designee, and when requested by <br />Lender, ceuse to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices <br />end places as Lender may deem appropriate, eny and all such mortgages, deeds of trust, security deeds, security <br />agreements, financing statements, continuetion stetements, instruments of further assurance, certificates, end <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, end the Releted <br />Documents, and (2) the liens and security interests created by this Deed of Trust on the Property, whether now <br />owned or hereafter acquired by Trustor. Unless prohibited by lew or Lender agrees to the contrary in writing, <br />Trustor shall reimburse Lender for all costs and expenses incurred in connection with the matters referred to in thls <br />paragraph. <br />Attomey-in-Fact. If Trustor feils to do any of the things referred to in the preceding paragraph, Lender mey do so <br />for and in the name ot Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocebly appoints <br />Lender as Trustor's attorney-in-fect for the purpose of making, executing, delivering, filing, recording, and 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 />FULL PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future advances, when due, <br />and otherwise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute end <br />deliver to Trustee a request for full reconveyence and shell execute and deliver to Trustor suitable statements of <br />termination of any financing statement on file evidencing Lender's security interest in the Rents and the Personal <br />Property. Any reconveyance fee required by lew shall be paid by Trustor, if permitted by applicable law. <br />DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust if any of the following happen: <br />Fraud or Material Misrepresentation. Trustor commits fraud or material misrepresentetion in connection with the <br />terms of the Note. <br />Payment Default. Trustor fails to meet the repayment terms of the Note for any outstanding balance. <br />