��14��597
<br /> ❑EEa oF T�usT
<br /> Lvan No: ��1�73'i 49 {Continued} Page �
<br />� seGuri�y agreement are a part of�his ❑eed o�Trus�:
<br /> Se�urity Agreement. This inst�umen� shal� cons�itute a 5ecuri�y Agreemen� to the exten� any of the Property
<br /> consti�u�es fixtures, and Lender shall have a�! of the rights ❑f a secured party unde�-fihe lJnifarm Cammercial Code
<br /> � as amended fram time fiv t€me.
<br /> Se�uri�y lnterest. Upon requesfi i�y Lender, Trus�or shall take wha�e�er ac�ion is requested by Lender �o pertect
<br /> and can�inue Lender's security in�eres� in the Ren�s and Persanal Proper�y. ln add�t�on �o recording fihis �eed ❑#
<br /> Trust in the rea[ property recards, Lender may, at any time and without further authvrizativn frvm Trus�or, ��Ie
<br /> executed cvun�erparts, copies or reproductions o�f this �eed ❑� Trus�k as a ffnancing statemen�. Trus�o� shall
<br /> reimburse Lender fvr all expenses incur�-ed in per�ecting ar con�inuing this security in��rest. Upon de�fau��, Trus�ar
<br /> shall nat rema�e, se�er ❑r detach �he Personaf Property �From the Proper�y. Upan d�fault, T�us�ar shalj ass�mble
<br /> any Persanal Property na� affixed to�he Property in a manner and a� a place reasonably cvn�enienfi�v Trus�vr and
<br /> Lender and make it a�ailab�e fio Lender within three �3� days af�er receip� a� written demand from Lender t❑ the
<br /> ex�en�perm�tted by appli�able law.
<br /> Addresses. The mai�tng addresses of Trustvr {debfior} and Lender {secured pa�-ty} from which �n�Farma�ion
<br /> con�erning the security interest granted by �his Deed ❑f Trust may be oi�tained �each�as required by the Uniform
<br />� Commercial �ode} are as sta�ed on the�irst pa�e af�his Deed of Trus�. �
<br /> FURTHER A55URANCES; ATT�RNEY-IN�FACT. The �oflowing pro��sians rela�ing �o �ur�her assurances and
<br /> attorney�in-�ac�are a part of this ❑eed nf Trust:
<br /> Fur-ther Assurances. A� any time, and �rom�ime ta time, upon reques� vf Lender, Trustvr will make, execufie and
<br /> deli�er, or wi[[ cause to be made, executed vr deli�ered, fia Lender or to Lender's designee, and when reques�ed by
<br /> Lender, cause to be filed, recvrded, r-e�i[ed, ❑�- rerecorded, as �he case may be, at suGh times and in such ❑f-�ices
<br /> and places as Lende�- may deem app�ropriate, any and all such mvrtgages, deeds of trust� security deeds, securi�y
<br /> agreemen�s, financing statements, �vntinuafiivn s�afiemen�s, ins�ruments ❑f fur�her assuranc�, �er�ifi�ates, and
<br /> other dvcuments as may, in th�sole apinion of Lender, be ne�essary vr desiral�le in �rder tv effec�uate, complete,
<br /> pe�fect, �on�inue, or preserWe {'�� Barrower's and Trustor's obliga�kions und�r�he No�e, this aeed of Trust, and
<br /> �he Related Uocuments, and �2} �he liens and seGurity infierests created by this Deed ❑�F Trust as first and priar .
<br /> liens ❑n �he Praper�y, whether now ❑wned ar hereafker acquired by Trustar. Llnless proh�bited by law ❑r Lender
<br /> agrees to the cantrary in wri�ing, Trus�or shall reimburse Lender fvr alf cosfis and expenses incurred in �onnec�ivn
<br /> with the matters re�ferred to in,this paragraph.
<br /> Attorney-in-Fac�. If Trus�ar fails to da any of�he�hings referred to in the preceding paragraph, Lender may do s❑
<br /> far and in the name ❑f Trustvr and at Trus�or's expense. For su�h purpases, Trustar- hereby irreWacably appaints
<br /> Lender as Trustor's a��orn�y-in-fac�k�for-�he purpase o�making, execufiing, delivering, filing, r�cording, and doing all
<br /> o�her things as may he necessa�y or desF�-able, in Lender's sole opini�n, to a��omplish the matters referred to in
<br /> the preceding paragraph.
<br /> FULL PERF�RMANCE, If Borrower and Trusta� pay a[[ the lndebtedness, including wi�hou�t limi�ation all future
<br /> � ad�ances, when due, terminates the line af credit, and Trus�or otherwise performs all the abliga�ions imposed upon
<br /> Trustar under this Deed ❑-�Trust, Lender shalE exe�ute and deli�er fio Trusfi�e a r�quest�or�Full recon�eyance and sha�l
<br /> execute and deli�er�o Trust�r sui�ab�e s�a�emenfis o#termina�ion af any financing statement❑n�ile e�idencing Lender's
<br /> security interesfi in �he Fien�s and �he Personal Property. Any recon�eyance fee required by law shall be paid by
<br /> Trustor, i�f permitted by applicab�e faw.
<br /> EVENTS �F DEFAI]LT. Each o�f the fo��awing, a� Lender's option, shall canst�tute an E��n� ❑f �efault under�his �3eed
<br /> of Trus�:
<br /> Payment Defaul�. Bo�'rawer faifs tv make any payment when due under�he lnde}��edness.
<br /> �fiher Defauits. Borrawer or Trust�r fails �o cvmply wifih or to perform any other term, �bligati�n, cv�enanfi ❑r
<br /> condition contained in fihis Deed o�Trust or in any of the Rela�ed Documents or�o cvmply v+rith vr�a perform any
<br /> term, ❑bligation, co�enan�or condi�ion contained in any vther agreement betw�en Lender and 6vrrower❑r Trustor.
<br /> �vmp�iance ❑e�aul'�. Fa�€ure �❑ comply with any ather �erm, obligatian, cvWenan� or candi�kion cantained in �his
<br /> � L�eed ❑f Trust,the Nate or in any of�he Related Documents.
<br /> Default on�th�r Paymen#s. Failu�e ❑f Trus�or wi�khin the time requi��d by this ❑eed of Trus�t� make any paymen�
<br /> for�axes or insurance, �r any❑ther payment necessary to pre�ent filing o�or�❑ef�fe�t discharge of any lien.
<br /> False Sta#ements. Any warranty, rep�-esen�a�ion or statemen�made vr�u�nished fio Lender by Borrower ar Trusto�
<br /> ❑r on Bvrrvwer's or Trus�or's behalf under th�s Deed of Trus� ❑r the Re�ated Documents is fals� ❑r misleadEng in
<br /> any materia[ �especfi, ei�her now ❑r a� �he time made �r furnished ❑r becvmes false or misleading at any time
<br /> �khereafter.
<br /> ❑efecti►re CvlRa�era�ization. Th�s Deed o� Trust or any o� the Rela�ed Dacumenfis c�ases �o be in �ull �or�e and
<br /> effe�t {including faiture ❑f any collafiera! document �o �rea�e a �alid and perfected se�urifiy inte_res� ❑r lien} a� any
<br /> time and far any reason.
<br /> Insol►rency. The dissvlutivn or�erminat�on of Bvrrower's❑r Trus�or's existence as a going business,the insai�en�y
<br /> o�F Barrower ❑r Trus�ar, the appointment af a recei�er �or any part of Borrower's or Trus�or's property, any
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