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<br /> �� 03=-30�-9898 DEED OF TRU5T P�pe 4
<br /> � ,;;�� �an No 803084 _ (ConQRUed) gg�,,, �e±��n
<br /> , _ ��. .�.�a
<br /> ��� SECURITII AOREEMENT;FiNANCiNQ STA7'EMENTS. Tho to!towtnp provlsions relaHnp to Ihls Oeed o}Yrtrsl ne a aoeurty n�reemenf are a parl of
<br /> ° � th�Deed o}Tn�M.
<br /> fiasudly Apresmen� Thb instrument shsli consGtute a secudty ag�eement to the extent any ot the PropeAy eorobtu'qa tizMr�s a otha
<br /> 4., personal property,and Lender sheli have atl ot the rlgMs at a s�ced party under the Unitom►Cammc��rciat Coda as emanc6ed hpm Ums lo
<br /> nme.
<br /> �;t 8scurtty lnt�resL Upon request by Lender.Tiustor shail exeaute Mandng statementa and toke whateva other scflon fs roquristtd 9�Y La�der
<br /> to perfect and coMinue Lenders secuAry tnterest in the Rents and Pe�sonai Properly. In eddltlon to roeordirtp thts D�ed ot Tnt3t in ih�m91
<br /> propery recaGa.Lender may,at any Ume and withoul turti�er authal�aUon from Yrustor,61e exeauted counterpada.coples or rc�rodu:►i�:�9 ot
<br /> ;� this Dsed of Tn�st as a flnandng statement Tn�stor shap�elmburse Lende►for ell e�e�es ineurred in perfeattrg a aonUnui�g fhfs�ry
<br /> fntere5t Upon default,Trustor shep assembie the Persona!Propedy In a manner and at a piace reasonabry convenfeM to Trusta and tfentfx
<br /> and maks It avettlab(e to lsnder wHhin three(3)days atter reoelpt af wrftten demand hom Lender.
<br /> p��� Addr4afes. 'fhe malling addressas ot Trustor(debto►)and Lertd�(secured pady),from whkh InformaUan conceming ttq soa�tly IM.srqst
<br /> ",� grat�ted by thfS Oeed ot Ttust may be obtalned{eqeh sa tequlred bythe Unttam Commerd3l Code),are as statad on th�flrst paqa o!t'F�►06ad
<br /> ot Tn151.
<br /> . . ��" F1R2T4L�R ASStJAA�iCES:AITtlRNE1f-lN-FACT. 7he fallowing prov�ions rel8dnp to hMhat assurences a�d attomay-ir►-fs�t ere e paJt at tt�a
<br /> Ooad of Trust.
<br /> Futlher Asattranees. At any tlme,and irom dme to tlme.upon request of Lender,Tn�stor wiil ma0ca.sxecute and deUver,or w11f c�aaso ta aa
<br /> made,executed or detivered,to Lendar ar to Lender's deslgnee,tnd when requested by Lertder.cause to be 81ed.reCOrded,nel�Qd,a
<br /> rerecorded,as the txtse may be,at suofi Hmes artd In suct�oi(k�s and places as Lender may de0m epproprinte,nny and atl suCh m g�.
<br /> ( s
<br /> deeds a}hust,soourity dBSds,security agreements,flnanc[ng sfatements,conHnuatlon statements,instruments of further assurartce,�t�,
<br /> and other doouments as n�ay,ln lhe sote opinfon of Lendor,be necessary or desirabte in order to eNectuate,comptete,pertact,corlUnua,.os
<br /> .. preserve (a)ths obllgaUons o}Tn�stor under the Note,this Oeed atTrust,and the Ret�ted Doauments,and (D)the Ilens and seourlty tntdrestE
<br /> created by this Deed of 7nut es flrst and pdor Ilens qn ihe Property,whether now ownad a hereafter acqu�red by Trustor. Unfess proh',bitptl Ly
<br /> � tew or agreed to the contrary by Lsnder in wrtUng,Trustor shatl�mburse Lender tor aU costs and mcperues ineurred in connectfon w:tP�4ha
<br /> ,, matters re[erred to in this para9rePA.
<br /> Aftomey-In�aot If Trustor falls to do any of the fhif�gs retarred to In the pre0eding pamgraph,Lender may do so fot and in the�qm�+of
<br /> Trustor and at Truator's e�ense. For suoh purposes,Trustor hereby Errevocably eppoinis Lendar as Trustofa aUor�y-IMaet fer tha ptupose
<br />�-�,;�. ,r„ ot malcing.exeouUng.deliv0drip.filtng,recordtng,e�d dainp ail olher things as may be necessery or desireble,in Lenders sole oplHon,to
<br /> � accomplish the matters reterred to In the preceding paragraph.
<br /> - ,,�.>'��:���'�; FIRJ.?ERFORMANCE. It Trustor pays aU the IndeblednesS when due,end otherwise perfortns ali the cbfigaUOps Imposed upon Trustor undar lhis
<br /> '�°`"''" �esd of Trust, Lender shati execute end deltver to Tnmlee a requesl lor fuil recomreyance and shall ezecuta and deliver to Tnntor sw't�ble
<br /> .�`,«r,��
<br /> -�y F.,,,;,!U. statemenb af term(natlon ot arry 8nandng slatement on rile evideneinp Lende�s securily InEerest in tha Rents and the Personal Aroperty.. My
<br /> • �r:� � reconveyance fee requlred by taw shall be pflld by Trustor,It permmed byflpplicabte law.
<br /> ��'=y:s.,
<br /> -••" DEFAt�.T. Each ot the foltowing,at the opdon of Lender,aheil constitute an everri ot dsfault('�vent ot ppfaull")under th�s pead ot Tnat:
<br /> ,�;� '� �� Detau(t on Inde62edness. FaUure ot Tnista to make any payment Nhan dua on the Indebtedn�ss.
<br /> ] ��'�"t''''' �isuti an Oiis�^r�ayrsscss�. Fs�uura ot Tr�tor u!!klss!hs Sma ras�lrcd by th�Lmd at T:t�t�::sa.ku anY FAi��!sx!�a:r^,.;,.�:��or ,
<br /> r,�t r. !' .
<br /> 4 rl, any other paymeM necessary to prevaM ftling ot or to eftect�ischarga af any Ilan.
<br /> '`,� ;� CafsuB h►Essrot of Ttsttd Pattas. Shauid Bortoursr or any 7rustar datauN undar a�ry fann.oxtqrslo+t of cradtf,secur!!y�+r�nt.At�rclf�s or '
<br />�-"`="" sales apreement,or am other agreemant.(n tavor of any other peditar or person that may mat�alN eftect eny ot Borrower6 ptap6rty or
<br />-��!=;�;�� Borrowets u any Tnrstars abillqr to repay lhe Laans or perform fhatr respective obltga8ons under this Deed of 7rust or any of tt�Retatad�
<br />=—`"�`� DoCUmeMs.
<br /> �-=�-rn'"'� Compltries DefaulL Fatlure ot TNStor to compry with any other lerm,oblipa8on,covenaM or cortdttlon contained in this Deed of Tiusf�the
<br /> �•=:r,r��,� Note ar In any of the Related Oxumenb.
<br /> �.c}Y�A� Fatss Statements. Any wattanty,representa8on or sfatement made or fumished to Lender by or on behalt of Tntstor under tAts poed of Trust,
<br />---�Y�:;;i,�y�.� the Note or the Retated Oxuments ls taise ar misieadinp in any mafwlat respact,eUher now or at the tlme made or furnisheE.
<br /> "''`�"�"� D�t�eUr�Co1laLaaliration. This Oeed of Trust or any of the RetabO Oocuments ceases to be in tuli lorce and et[ect(indud�np falfuro of any
<br />- �_"� colkteal doeumenb b create e vaAd and perleeted securit�►Interest a Qen)at any time artd tor any reason.
<br /> =.4�
<br /> insoNeney. The dissdutlon a terminaUOn otYnistor's extstonce asa�dnp business.the insoivanoy of Trustor,the sppolntment of r raoNvor
<br /> ta any put ot Trustors proporty.any assipnment fa the WneHt of credltore,any typa o!credtta wakout, or the comrr�noem�M of any
<br /> = proceadlrp under anY bankruD�aY or Insolvena�r Iaws bY or ayalnst Tmstu.
<br /> — �' �re�...:s�,�a't" r.ai4. C�m�ert!srd M!ere�s:+�e���t:us grec�l�,:r!»ltws�; t�.'c'.d ,,....�
<br /> °° - — or any other methoti,by any oredftor of Trustar or b an ovemmental a o y P�»�erty.��� ���
<br /> _: y y g g ncy ggalr�st an ot Me However,thts subsecrion shaft not
<br /> _,;���� apply in the evsnt of a�ood iaith dfspute by Trustor as to tha vaitdy or reasonabisness of the dalm whk:h ts tha basls ot tha toncfosura a
<br /> __,�,_��� torefetture praceeding,provlded that Trusta phres Lender w�tten notlp ot such ctalm and fiimishes resarves a a sunefy bond for th cWm
<br /> .���,�� satlstactorY to Lender.
<br />_=y:�.�.W� BreaCtl oi Other Agreemeni Ar►y breach by Trustor undar the terms o!any other agrooment betxreen Tn�stor and la:�dss that ts noi remedled
<br /> — wlthtn any grace perlod proNded therein,(nciuding without fimiffitlon any apreemeM cortcemtng nny Indebtedness or otAes obliQatbn o!Tn�stor
<br /> to Lender,whether exESUng now ar Iater. •
<br /> -'� Events Affectin�Guarantor. Any of the preoedinp events occurs wilh respect to any Guarardtn ot any ot the Indebtedrtoss or any Gwranta
<br /> -- dtes or becomes incompeter►t.or revokes or disputes tAe vaidity ot,a IIaDility�r�nder,any QuaranQy o'f 4h0 Irtdebtedness: Lender.al Ns option,
<br /> __,.. �,_ may,but shap not be requked to,permit the(ivarantars esffite b assumn unoondiUor►ally th�qbil�sMOns artsinp Urtder ths pu�reny U 4
<br /> � manner satfs(ectory to Lender.anG,in doing So,cure the Event ot Detattlt '.
<br /> --��"'�',,�� Adverae Chan�e. A materiat edverse chanpe occurs [n Trostafa finandal condiiWn, or I:,snd�r beNevas lls� ptospect o!piymerd at
<br /> '-'^=%�'•'f�ir.: • peRormanoe of Me lndebtedness is impalred. �
<br />-"a_r,.-.;,s°�;, - -
<br />-_-.;,r.;,`,...,. . InalCUdty. Lendar In good talth deomS it58U tnseoure.
<br /> y��y�'���'�" RtQAt to Oum. tf suoA a fa9ure is aura�lo end if Trusta has not baen gMen a eollc�o!a breacH M th�snme provislon o}this Oeed o1 Tnnt
<br /> ' '1-�'� wilhin thg preo@ding tw�W�(1P)month6,it may bo Cured(Qnd no Event of Qefautt wN Aave 000urred)M Trusta,aRer lender sends wNtten
<br /> -'::-••
<br />_s_•'._„ :.,:.,� noUce demanding aure�ot Guch feilure: (a)�th�4eDure�wlthin�fteen(18)days;or (b)It th0 cure requtres more tAan BHeen(18)daya,
<br /> � Immodiately IniUates st�p9 sutfkiant to cure th9 falure and theresfter coMinues and cornpletes eil reasortsbte and neoessary steps sutNderd to
<br /> ;>�' '•;.:i� Droduoe comptlance as soon aa reasonsby practk�l.
<br /> _}�,..-`�=�� � RIGttTS AND RENIEDIES ON DEFAt�T. UPon the occurrence of any EYent ot Oetault and at any tlme thereaRer.Trustee a Lende►.at its opBon,
<br />;-e'' , ... may exerdse any one or more ot the tollow[ng rights and remedies,in ad�Ytlon to any other dghts or rentedies provtded by Iaw: °
<br /> Acceten7lon upon Detautt;AddtUonat Remedles. If flny even! ot defeult acu�s as per the terms ot the Note seaued hereby,Lendor may
<br />' ,`:;�i.+ det�are aIi IndeDtedness secured by this Deed of Ttust to be due and payabie and the same shall thereupon become due and payeble wfthout =
<br /> nnv erasontmont domand erefas!nr nntir.e nf anv kfnd 7lseraaflar.Ler�dar mave —
<br /> -a- _ �,.- .. _
<br /> . . (a) Etther In person or by agent,wfth or withaut bdngUg arn action or proceading,or by a receiver appointed by a court and wtthout =
<br /> reg&rd to the adequacy ot ffs sacurily.enter upon and teke possesston of the Properly,or ar►g pa�t Mereot,ln its own nama cr In thg namo -
<br /> , of Tn�stee,and do any acls which it deems necessery ar das[�Ole to preserve the value,marhetabiliry or renffibUHy o!the Pro{tarty.or pa�t -
<br /> of tAe Properly or Irderest in tha Property;trnxease the income 6am tAe Properfy or proteet tfte seowity ot the Praptirty;and.with or wiUaut =.
<br /> , ffiktng pessessfon of the Property,sue for or otherwlse eoAect 9� reMs,issues and profits of the Pro�(y,inc[udirtp those past due and
<br /> unpa�d,and apply tAe same,less costs and sxpenaes of opera0on end coCecfron,indud(ng attomeys fess,to amr Indebtedness secured
<br /> by this Oeed of T�ust,aB in suoh ordot es tsndet may determtne. The enterittg u�on and takinp po�sston of the Property,the coYeeUon =
<br />, ° • ot suah rants,tssuas and profiis,and tlre appRaatlan thereof sha7 not cure or w8(v�e any defa�t or no�ce of c�etauti under Mis Oeed otTntst
<br /> or invaNdate arry act done In response to such detautt or pusu��to such noNce ot dafa�l�and,notwitAstandfng the co�dinuanoe in
<br /> possesslon ot the Property or the coltecNon,recefpt end�pOsaUon of rerds,issues or profits.Trustee or lender shafl be entiUed to _
<br /> " ezercise every right provided for ta tAe Note or the Retated OoameMS or by I�w upon Me occurrence of any event of dafauit,fndudinp the
<br /> dght to exercise the povrer of se�e;
<br /> ' , • y� •ae •a:�1 _.
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