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<br /> trustee hereunder, except for actions taken by such Trustee withoue express written authority
<br />-.'---�-��,±T-.•�• hereunder or under a separate written instruction from Lender, and except 8orrow�r and Lender ��:
<br />= shall not be required to indemnify Trustee for Trustee's gross negligence or willful misconduct. __.
<br />-1 � ARTIGL.E IV
<br />_�:� r: • cL+I�iTRiTt'AGRFEI�:ENT; MISCEI�L�lN�OUS �
<br /> :�,.:�.��
<br /> ,,,:.,�•a. ..
<br /> �"`� 4.01 $s�dty A�eement. This Deed of Trust creates a lien on and a security interest
<br />.i;`. ... :, in that part of the Collateral which constitutes personal property under any applicable Uniform
<br /> ;� �"'�1'" Commerc i a l Co c ie, an d s h a l t c o n s t i t u t e a securl ty a greement under the applicable Uniform
<br /> �. i r.'7Y:�•�.
<br />�'��y���`" Commercial Code or other law applicable to the creation of liens on personal properry. This Deed
<br /> -'``�'�`�''` of Trust shall constitute a financing statement under the applicable iJniform Corrunercial Codc �
<br />='�' "�p with Borrower as the "debtors"and Lender as the"secured party". If an Event of Default occurs,
<br />. ;�.�s,,::„ ' the Lender shall have all rights and remedies of a secured parry under the applicable Uniform
<br /> '`:-- '� . � Coanmercial Code.
<br /> , ��:_ .
<br /> ....
<br /> ��'r� �� 4.02 A�ltly of Collateral. Upon the occurrence of an Event of Default, the
<br /> 4i�t���" ����' ' Borrower shall assemble, if requested by the Lender,at its expeiise, all of the personal property
<br />_ ., •ty,x
<br />���'���y- Collateral and the documents evidencing ouch personal property Collateral and the books and
<br />;�:�;�,�.. ��
<br />"�'��'r��+�:��� records applicabie thereto and make them available to ihe Lender at a place to be designated by
<br /> - - _°;:"`,'�� the Lender.
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<br /> ��:�•,kt�'• 4.03 ���c�e��rs and Acciea�•S�csessnr T!"!cr�. Ttus Deed of Trust shall inure to the
<br /> ���'a"s����• benefit of and be binding upun Borrawer, Trustee and Lender and their respective heirs,
<br /> `�`�'���''��T� executors, legal representatives, successors. successors-in-dtle, and assigns. Whenever a
<br />.'-r��')�.',m
<br /> reference is made in this Deed of Trust to "Bonower." "Trustee" or "Lender," such reference
<br /> =�;::,���.
<br /> �.:=,a3:;�-�:; ..• shall be deemed to include a reference to the heirs, executors,legal representadves, successors,
<br /> ';,.�,;��.•y., successors-in-tide and assigns of Borrawer, Trustee or L.ender, as the case may be, but shall not
<br /> �,;��`��"'° imply any permission to make or permit any uansfer which is otherwise prohibited. In the event
<br /> ��.�,�-,�"�;;� of the death,dissoludon, absence,inabiliry or refusal to act of Trustee, or for any other reason,
<br />-:-;:�`�`�� Lender at any time and from time to time shall have the right to name and appoint,by instrument
<br /> -.�r ��.- ..
<br /> T�- �-'"""`� in writing recorded in the appropriate records in the office(s)in which this Deed of Trust is recorded,
<br /> a successor tn�stee hereunder, who shall be vested with all of the right, title, estate, powers,
<br />_•K� �„„.° ; privileges and duries of the above named Trustee without the necessity of any conveyance&om the
<br />- above named Trustee or any successor.
<br />-,r''���;'�. .'.
<br /> --'�"..� 4.04 'i'p*�_!inoloev. All personal pronouns used in this Deed of Trust, whether used in
<br /> the masculine, feminine or neuter gender,shall include all oth�er genders; the singular shall include
<br /> the plural, and vice versa. Titles and Articles aze for convenience only and neither limit nor
<br /> `� amplify the provisions of this Deed of Trust, and all references herein to Articles, Sections or
<br /> " subparagraphs shall refer to the corresponding Articles,Sections or subparagraphs of this Deed _..
<br /> . 489846.3 20 -
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