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'' � 20120487'7
<br />� � � ' `` ' `'� ` � DEED OF TRUST
<br />Loan No: 101253832 (Continued) Page 6
<br />Documents, and (2) the liens end security interests created by this Deed of Trust as first end prior liens on the
<br />Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the
<br />contrary in writing, Trustor shall reimburse Lender for all costs and expenses incurred in connection with the
<br />matters referred to in this paregraph.
<br />Attorney-in-Fact. If Trustor fails to do eny of the things referred to in the preceding paragraph, Lender may do ao
<br />for and in the name of Trustor and at 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 all
<br />other things es mey 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 ell the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute end
<br />deliver to Trustee a request for full reconveyance and shell execute and deliver to Trustor suitable stetementa of
<br />termination of any financing stetement on file evidencing Lender's security interest in the Rents and the Personal
<br />Properry. Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable lew.
<br />EVENTS OF DEFAULT. Eech of the following, et Lender's option, shall constitute en Event of Default under this Deed
<br />of Trust:
<br />Payment Defauk. Trustor fails to make any payment when due under the Indebtedness.
<br />Other Defeults. 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, covenent or condition conteined in any other egreement between Lender and Trustor.
<br />Compliance Defeult. Failure to comply with any other term, obligation, covenant or condition conteined in thia
<br />Deed of Trust, the Note or in any of the Related Documents.
<br />Defauk on Other Peyments. Failure of Trustor within the time required by this Deed of Trust to make any payment
<br />for texes or insurence, or any other payment necessery to prevent tiling of or to effect discharge of eny lien.
<br />Felse Statements. Any warranty, representation or statement mede or furnished to Lender by Trustor or on
<br />Trustor's behalf under this Deed of Trust or the Related Documents is felae or misleading in eny materiel respect,
<br />either now or at the time made or furnished or becomea false or misleading et any time thereafter.
<br />Defective Collateralizetion. This Deed of Trust or any of the Related Documents ceases to be in full force and
<br />effect (including teilure of any colleteral document to create a valid end perfected security interest or lien) et eny
<br />time and for any reason.
<br />Insolvency. The dissolution or termination of Truator's existence as a going business, the insolvency of Trustor,
<br />the appointment of a receiver for eny pert of Trustor's property, eny essignment for the benefit of creditors, eny
<br />type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or
<br />against Trustor.
<br />Credkor or Forfehure Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, self-help, repossession or any other method, by eny creditor of Trustor or by any governmental egency
<br />against eny property securing the Indebtedness. This includes e garnishment of any of Trustor's accounts,
<br />including deposit eccounts, with Lender. However, this Event of Defeult shell not apply if there is a good faith
<br />dlspute by Truator as to the validity or reasonablenesa of the cleim which is the basis of the creditor or forfeiture
<br />proceeding and if Trustor gives Lender written notice of the creditor or forfeiture proceeding end deposits with
<br />Lender monies or e surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in its
<br />sole discretion, es being an 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 end
<br />Lender thet is not remedied within any grece period provided therein, including without limitation any agreement
<br />concerning any indebtedness or other obligation of Trustor to Lender, whether existing now or leter.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarentor, endorser, surety,
<br />or accommodation perty of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party
<br />dies or becomes incompetent, or revokes or disputes the validlty of, or liability under, any Guaranty of the
<br />Indebtedness.
<br />Adverse Chenge. A material edverse change occura in Trustor's flnancial condition, or Lender believes the
<br />prospect of payment or performance of the Indebtedness is impeired.
<br />Insecurity. Lender in good feith believes itself insecure.
<br />Existing Indebtedness. The payment of eny installment of principal or eny interest on the Existing Indebtednesa is
<br />not made within the time requfred by the promissory note evidencing such indebtedness, or e defeult occurs under
<br />the instrument securing such indebtedness end is not cured during any appiicable grace period in such Instrument,
<br />or eny suit or other action is commenced to foreclose any existing lien on the Property.
<br />Right to Cure. It any default, other than a default in payment is curable and if Trustor has not been given a notice
<br />of a breach of the same provision of this Deed of Trust within the preceding twelve (12) months, it may be cured if
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