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� ��14�1355
<br /> I]EED �F �RLJS�
<br /> ' Pa e 4
<br /> Loan Na: �����96� ��ont�nu� g
<br /> Security Agreemenfi. This instrumen� sha�� cons�i�uie a 5ecurifiy Agreement ta the �xten� any of -�he Praperty
<br /> constitutes fix-ture-s, and Lender shal[ ha�e aI[ o��he rights of a secured party unde�the lJniform Commercial Code
<br /> as amended-�rom time to time.
<br /> Security Interes�. Upon request I�y Lender, Trustvr shall �ake whatevar action is requested by Lend�r to perfecfi
<br /> and cont�nue Lencler's security in-�er�st in the Pe�sona� �roperty. ln addition t� recarding�his Deed of Trus�in�he
<br /> rea� proper�y re�ards, L�nder may, at any time and �nrithout fur�her authorization �rom Trus�or, �ile execu�e�l
<br /> counterparts; copies or reproductions o� th�s Deed of Trust as a f�nancing statement. Trustor sha�I reimburse
<br /> Lender for aIl expenses incurred in perfecting ar continuing this security intsrest. Llpon default, Trust�r shall not
<br /> remo�e, sever or detach the Personal Property firom the Property. Upon de�au[�, Trus�or sha�i assemble any
<br /> Personal P�operty not affixed to the Property in a manner and a� a place reasvnably convenien� ta Trustor and
<br /> L�nder and r-nake it avai[abl� ta Lender `nrithin three {3; days after receipt o� writ�en demand �ram Lender to the
<br /> exten�permitted by appiicable 1aw.
<br /> Addresses. The rnai[ing addresses o� Trustor {deb�or} and Lender [secured party} �rom vU�hich �n�vrmation
<br /> concern�ng the secur�t� interest granted E�y�his �eed of�rus� rna� be ob�ained �ea�� as �equired by the Un�fo�rm
<br /> Comme�cia! Cvde} are as stated on�he first pa�e o#�his D�ed of Trus�.
<br /> FU�THER ASSURANCES; ATT�1�tVEY-�N-FA�T. The fo�lowing p�o�is�ans relating to fui-�her assurances and
<br /> attorney--�n-�ac�are a part of this Deed�f Trust.
<br /> Further Assurances. At any time, and �from �ime to time, upon request o� Lender, T�us��r v�r��� make, execute and
<br /> d��iver,or wi11 cause to be made, executed or deliWered,to Lend�r or�v L�nder's designee, and�nrhen requested by
<br /> Lende�-, cause tQ be �i�ed, recarded, re�iled, or rerecv�ded, as the case may be, at such�imes and in such o�f�c�s
<br /> and places as Lender may deem apprapriate, any and all such mortgages, de�ds of t�us�, sec.urity deeds, s�curity
<br /> agreemenrts, financing s�atements, confinuation s�atements, instrumen�s o� further assurance, c�rfi���a�es, and
<br /> a�her documen�s as may, in the sole opinion v�Lender, be necessary or desirai�le in order to ef�ec�uate, cvmplete,
<br /> per�ect, ��n�inue, or preserve �'[} Borrower's and Trustor's ob�igations unde�the Note, this Beed of Trust, and
<br /> �he Refa�ed Do�umen�s, and {�} �he liens and securi�y int�r�sts created by�his C�eed of Trust vn �he Prvperty,
<br /> whe�her now ow�e.d or hereafter acquired by Trus�or. Un[ess prohibified by law or Lender agrees to�he contrary in
<br /> v�iriting,�rustor sha�I r�imburse Lender�For a[� costs and expenses incurred in c�nnec�ion wi�h the mat�ers r�ferred
<br /> �o in this paragraph.
<br /> Attorney-in-Fact. l�Trus�or fails to do any af tne things referred to in�he prec�ding paragraph, Lender may da so
<br /> �or and in the name o�F Trustor and at Trustor`s e�cpense. Far such purposes, Trustor herehy irrevoca�iy appvints
<br /> Lender as Trusfor's attorney-�n-fact�or the pu�pose of making, execut�ng, deli�e�ing,filing, re�ording, and d�ing a[f
<br /> other thing.s as may be necessary or desirab[e, in Lender's sale opin'ron, �v accomplish �he matters referred to �n
<br /> the preceding paragraph,.
<br /> FULL PE�F�RMA�II�E. l� gorrower and Trustor pay all the lndebtedness when due, and Trustor otherv�rise per�orms a[I
<br /> the ob[igatiaras impvsed upon Trusta�under this D�ed��T�ust, Lender sha11 execute and de[iver to Trustee a reques�for
<br /> �uII reconWe�rance and sha[l execute and deliver to Trustor sui�able statements o�terminat�on o�any financing s�atement
<br /> on file e�idencing �:ende�-°s security in�eres��n the.�er�ts and the l'ers�na� Property, Any reconveyance fee required by
<br /> law shaf� he paid b�T��s�orr i�permitted by app[icab[e law.
<br /> EIIENTS �F DEFAULY. A� �ender's �ptson, �rus�or v►odl� be ir� de�aul� under this Deed of Trust i� any of�he �o�Iawing
<br /> happen.
<br /> Paymsn�De�au��e �arrower�ails to rrtake ar�y paymen�when due under-the 9ndeb�edness,
<br /> Break D�her Promis:es. �orr�wer or�rusta�breaks any promfse made to Lendsr or fails to perfa�m pramp�ly a�the
<br /> time and strictly in the manner provided in this Deed o�Trust�r`rn any agreement re�ated t❑�his Deed vf Trust.
<br /> �vmpliance De€au�t. Fai[ure �o comply v►rith any other term, ❑bligation, covenant or condi�ion contained in this
<br /> Deed of Trust,the No�e or in any of the R�[a�ed Do�uments.
<br /> DefauIt on�ther Payments. Fai[ure❑f Trus�or within the t'rme required by this De�d o�Trust to make any paymen�
<br /> �vr�ax�s or insuranc�, ar any ofiher paynnenfi necessary t� pre�er�t filing o��r�o e�fecfi discha�ge of any lien.
<br /> D��ault �n F��vr o� �hird Par�ies. Shauld Bor�ower o� any �rantvr d��au[� under- any aoan, extension o� credit,
<br /> se�uri-��r agreemen�, purchase�r sales agre�ments or ar�y o��er agreemen�, ir� �avor of any other credi�or ar p�rson
<br /> that may ma�erially af�ec� any �� Barr��nre�-°s or �ny.�ran�or's �rape�� vr Borr��nrer's ability ta repay �I�e
<br /> indebtedness vr gorro�nrer's o�- ��-anfiar's �bi[i�y�� pe�vrm �he�r respec�€�e �bliga$�vns under�his Deed o�T�us��r
<br /> any of the Rela�tec� ❑ocumen�s.
<br /> False Sfiatements. Any representafiivn or sta�emen� made or �u€-nished to Lender by 6orrower or Trus-�or or on
<br /> Borrower's or Trus�orrs beha[f under �his Deed o� Trus� �r the Related Dvcumen�s is false �r mis[eading in any
<br /> material respect, either now ar at th�time made-or furnished.
<br /> Defective Co!latera�"rzativn. This Deed of Trust or any of the F�elated Documents ceases to be in fu�� farce and
<br /> e��ec�t �inc[uding fa"rlure of any cv[[at�ral doGum.ent to create a �alid and per�ected securi�y interest or lien� at any
<br /> tii�ne and f�r any reasan.
<br /> ��ath �r InsoI�snc�e The de�th o�Borrower o�Trus�or� the �nsv[venc���Bor�ow��-or Trustor,fih�appointment of
<br /> a re�eiv�r for any�art o�Borr�wer's���r�st�r°s pr�perty, an�assignr�ent for the benef�t o€credi�tors, any�ype of
<br /> credi�ar v�c�r�c�ut, or the commenc��en�of an�j proceed'rng unde�-a�y ha�k�upt�y or�nso[�enc�€aws by or aga�ns�
<br /> Borr�wer vr Trust�r,
<br /> T'ak�ng c��F the Prop���yo Any credi�or or go�ernmen�al ager�c� �ries tc take ��y o� �he Proper�y o� any ��her �f
<br /> Bvrrower's oa-`rrus�or's proper�y �r� which Lender has a [i�r�. This inc�.udes taking �f, garr�ishing o�vr' �e�y€na� ora
<br /> Borrov�er's or Trust�r's accounts with Lender. Howe�e�f if F3��roviier or�frus��r disputes in gaocl�ai�h whether the
<br /> elaim �n which fihe�aking of fihe Property is �as�d is�a��d �r reasortable, and i� Borrower vr T�-ustor gi�es Lender
<br /> in�ri-��en n�trce of rthe c�aim and �urnEshes Lender wi�h monies or a surety b�nd sa�isfactory t� Lender�o sa�isfy th.e
<br /> c[asm,then this default pro�ision wi!! not app[y.
<br /> Brea�h of D�her Agre��ent. Any breach by Borrawer or Trustvr under the terms o�F any other agreement between
<br /> Borrower vr Trustar and Lender that is na� rernedied wi�hin any grace period pro��ded �herein, including wi�hvu�
<br /> limita�ion any agreement conc�rning any indebtedness or ather ab[iga�i�n o�F Borrav+rer ar Trus�or �v Lender,
<br /> whether ex�s�ing no�nr vr later.
<br /> E�ents�1#�ecting �uara�tor. Any �f�he preced9�g events �ccurs �nri�h ��s�ect to any guaranto�. e�d�rser, sure��f
<br /> or ac�omrr�oda��on p�r��r �� �ny of�he l�d�btedness �r ar�y gu�arant�r, �ndorse�o surety; or �cc�rr�mo�a�ior� party
<br /> d�es �r be�omes �nc�mpet�nt, or revokes a� d`ispute� �he �a�idi�y o�; �r �iabifE-t� underr a�y C�aran�ty �-� �he
<br /> Cndebtedr�ess,
<br /> gnse�ur�t�. Lende��n gaad�Fai�h belie�es itself insecu�e. �
<br /> Right�v Cure. I�any defau[�, ather than a defauE�t in paymen�is curab��and ifi Trustor has nvt beeri gi�en a nvtice
<br /> of a breach of the same pro��sion of this Deed ot Trus�within the preceding�wel�e ���} months� it may be cured i�
<br /> Trustor, after Lender sends written no�ice �o Borrovrrer demandin� cure vf su�h defau�t: {'�} �ures �he de�au[�
<br /> within tw�nty ��4} days; �r �23 i�the cure requires more�han�wen�ty t�U} days, immediately inEtia�es steps vuhich
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