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DEED OF TRUST 201302885
<br />Loan No: 101264248 (Continued) Page 6
<br />Imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
<br />reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on
<br />file evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyance fee required by law
<br />shall be paid by Trustor, If permitted by applicable law.
<br />EVENTS OF DEFAULT. tech of the following, at Lender's option, shall constitute an Event of Default under this Deed
<br />of Trust;
<br />Payment Default. Trustor fails to make any payment when due under the Indebtedness.
<br />Other Defaults. Truetor fells to comply with or to perform any other term, obligation, covenant or condition
<br />contained In this Deed of Trust or in any of the Related Documents or to comply with or to perform any term,
<br />obligation, covenant or condition contained In any other agreement between Lander end Trustor.
<br />Complience Default. Failure to comply with 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 warranty, representation or statement made or furnished to Lender by Trustor or on
<br />Trustor's behalf under this Deed of Trust or the Related Documents Is false or misleading in any materiel respect,
<br />either now or at the time made or furnished or becomes false or misleading at any time thereafter.
<br />Defective Colletsreliaatlan. This Deed of Trust or any of the Related Documents ceases to be in full force and
<br />effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any
<br />time and for any reason.
<br />Insolvency. The dissolution or termination of Trustor's existence as a going business, the insolvency of Trustor,
<br />the appointment of a receiver for any pert of Trustor's property, any assignment for the benefit of creditors, any
<br />type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or
<br />against Trustor.
<br />Creditor or Forfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, self -help, repossession or any other method, by any creditor of Trustor or by any governmental agency
<br />against any property securing the Indebtedness. This Includes a garnishment of any of Trustor's accounts,
<br />including deposit accounts, with Lender. However, this Event of Default shall not apply If there le a good faith
<br />dispute by Trustor as to the validity or reasonableness of the claim which is the basis of the creditor or forfeiture
<br />proceeding and If Trustor gives Lender written notice of the creditor or forfeiture proceeding and deposits with
<br />Lender monies or a surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in Its
<br />sole discretion, as being an adequate reserve or bond for the dispute.
<br />Broach of Other Agreement. Any broach by Trustor under the terma of any other agreement between Trustor and
<br />Lender that is not remedied within any grace period provided therein, including without limitation any agreement
<br />concerning any Indebtedness or other obligation of Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety,
<br />or accommodation party of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party
<br />dies or becomes Incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the
<br />Indebtedness.
<br />Adverse Change. A material adverse change occurs in Trustor's financial condition, or Lender believes the
<br />prospect of payment or performance of the Indebtedness is impaired.
<br />Insecurity. Lender In good faith believes Itself insecure.
<br />Existing indebtedness. The payment of any installment of principal or any interest on the Existing Indebtedness is
<br />not made within the time required by the promissory note evidencing such Indebtedness, or default occurs under
<br />the Instrument eecuring such Indebtedness and is not cured during any applicable grace period In such Instrument,
<br />or any suit or other action Is commenced to foreclose any existing lien on the Property.
<br />Right to Cure. If 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
<br />Truetor, after Lender sends written notice to Truetor demanding cure of such default: (1) cures the default within
<br />fifteen (15) days; or (2) If the cure requires more than fifteen (15) days, Immediately Initiates steps which Lender
<br />deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all
<br />reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter,
<br />Trustee or Lender may exercise any one or more of the following rights and remedies:
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default occurs es per the terms of the Note
<br />secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable and
<br />the same shall thereupon become due and payable without any presentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may;
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