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DEED OF TRUST 2��2�0072
<br /> (Continued) Page 5
<br /> Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property
<br /> constitutes fxtures, and Lender shall have all of the rights of a secured party under the Uniform Commercial Code
<br /> as amended from time to time.
<br /> Security Interest. Upon request by Lender, Trustor shall take whatever action is requested 6y Lender to pertect
<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 shail reimburse
<br /> Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor shall not
<br /> remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble any
<br /> Personai Property not affixed to the Property in a manner and at a place reasonably convenient to Trustor and
<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 obtained (each as required 6y the Uniform
<br /> Commercial Code)are as stated on the frst page of this Deed of Trust.
<br /> FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurances and
<br /> attorney-in-fact are a part of this 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 will cause to be made, executed or delivered, to Lender or to Lenders designee, and when requested by
<br /> Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times antl in such offices
<br /> and places as Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security
<br /> agreements, financing statements, continuation statements, instruments of further assurance, certificates, and
<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) Borrower's and Trustor's o6ligations under the Note, this Deed of Trust, and
<br /> the Reiated Documents, and (2) the liens and security interests created by this Deed of Trust as frst and prior
<br /> liens on the Property, whether now owned or hereaRer acquired by Trustor. Unless prohibited by law or Lender
<br /> agrees to the contrary in writing, Trustor shall reimburse Lender for alI costs and expenses incurred in connection
<br /> � with the matters referred to in this paragraph.
<br /> Attorneyin•Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may do so
<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 as may be necessary or desirable, in Lender's soie opinion, to accompiish the matters referred to in
<br /> the preceding paragraph.
<br /> FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness when due, and Trustor otherwise pertorms all
<br /> the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for
<br /> full reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement
<br /> on file evidencing Lender's security interest in the Ren4s and the Personal Property. Any reconveyance fee required 6y
<br /> law shail be paid by Trustor, if permitted by applicable law.
<br /> EVENTS OF DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust if any of the following
<br /> happen:
<br /> Payment Default. Borrower fails to make any payment when due under the Indebtedness. �
<br /> Break Other Promises. Borrower or Trustor breaks any promise made to Lender or fails to pertorm promptly at the
<br /> time and strictly in the manner provided in this Deed of Trust or in any agreement related to this Deed of Trust.
<br /> Compliance Default. Faiiure to comply wiih any other term, obligation, covenant or condition contained in this
<br /> Deed of Trust, the Note or in any of the Related Documents.
<br /> Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment
<br /> for taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
<br /> False Statements. Any representation or statement made or furnished to Lender 6y Borrower or Trustor or on
<br /> Borrower's or Trustor's behalf under this Deed of Trust or the Related Documents is false or misleading in any
<br /> material respect, either now or at the time made or furnished.
<br /> Defective Collateralization. This Deed of Trust or any of the Related Documents ceases to be in full force and
<br /> effect (including failure of any coliateral document to create a valid and pertected security interest or lien) at any
<br /> time and for any reason.
<br /> �eath or Insolvency. The death of Borrower or Trustor, the insolvency of Borrower or Trustor, the appointment of
<br /> a receiver for any part of Borrower's or Trustor's property, any assignment for the benefit of creditors, any type of
<br /> creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or against
<br /> Borrower or Trustor.
<br /> Taking of the Property. Any creditor or governmental agency tries to take any of the Property or any other of
<br /> Borrower's or Trustor's property in which Lender has a lien. This indudes taking of, garnishing of or levying on
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