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� � DEED OF TRUST 2 0 � - 2 ����- fj
<br />Loan No: 101255986 (Continued) Pag� 5
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust es a
<br />security agreement ere a pert of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute a Security Agreement to the extent eny of the Properry
<br />constitutes flxtures, and Lender shall have all of the rights of e secured party under the Uniform Commercial Code
<br />as amended from time to time.
<br />Security Interest. Upon request by Lender, Trustor shall teke whetever ection is requested by Lender to perfect
<br />and 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 authorization from Trustor, file executed
<br />counterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustor shell reimburse
<br />Lender for ell expenses incurred in perfecting or continuing this security interest. Upon defeult, Trustor shall not
<br />remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble any
<br />Personal Property not affixed to the Property in e manner and at e place reasonably convenient to Trustor and
<br />Lende� end meke 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 (debtorl and Lender (secured party) from 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 es stated on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions releting to further essurances and
<br />attorney-in-fect ere a part of this Deed of Trust:
<br />Further Assurances. At any time, end from time to time, upon request of Lender, Trustor will make, execute end
<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 pleces as Lender may deem appropriete, any end all such mortgeges, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments of further assurance, certificetes, and
<br />other documents as may, in the sole opinion of Lender, be necessery or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Releted
<br />Documents, and (2) the Ilens end security interests created by this Deed of Trust as first and prior Itens on the
<br />Property, whether now owned or hereafter ecquired by Trustor. Unless prohibited by lew or Lender agrees to the
<br />contrary in writing, Trustor shell reimburse Lender for all costs and expenses incurred in connection with the
<br />matters referred to in this peregraph.
<br />Attorney-tn-Fect. If Trustor fails to do any of the things referred to in the preceding paragreph, Lender mey do so
<br />for and in the name of Trustor end et Trustor's expense. For such purposes, Trustor hereby irrevocably eppoints
<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 desireble, in Lender's sole opinion, to eccomplish the matters referred to in
<br />the preceding paragreph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtednesa, including without limitation all future advences, 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 reconveyence end shall 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 law shell be paid by Trustor, if permitted by applicable law.
<br />DEFAULT. At Lender's option, Trustor will be in defeult under this Deed of Trust if eny of the following heppen:
<br />Fraud or Matertal Misrepreser�tation. Trustor commits fraud or material misrepresentation in connection with the
<br />terms of the Note.
<br />Paymerrt Defauk. Trustor feils to meet the repeyment terms of the Note for eny outstanding balance.
<br />Other Dafaults. Trustor's ect or failure to ect edversely affects Lender's security interest in the Property, or eny
<br />right of Lender's in such security.
<br />Right to Cure. If eny default, other than a default in payment is curable and if Trustor has not been given a notice
<br />of a breech of the same provision of this Deed of Trust within the preceding twelve (12) months, it may be cured if
<br />Trustor, efter Lender sends written notice to Trustor demanding cure of such default: (1) cures the defeult within
<br />ten (10) days; or (2) if the cure requirea more than ten (10) days, immediately initietes steps which Lender deems
<br />in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable
<br />and necessary steps sufficient to produce compliance as soon es reasonably practical.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at eny time thereafter,
<br />Trustee or Lender may exercise any one or more of the following rights and remedies:
<br />Acceleration Upon Defeult; Additional Remedies. If any Event of Default occurs as per the terms of the Note
<br />secured hereby, Lender may declere all Indebtedness secured by this Deed of Trust to be due end payable and
<br />the same shall thereupon become due end payable without any presentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may:
<br />la) Elther in person or by egent, with or without bringing any action or proceeding, or by a receiver
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