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��14�15�� DE�ED �F TRUST , Lvan No: ��1�7437� �Cvnt�nued} Page � At-forney�in-Fact. lf T�-usfior fiails to do any a�the�h�ngs re�ferred to in�he preceding pa�agraph, Lender may d❑ s❑ far and in the name ❑f Trustor and afi Trusfior's expense. Fa�- su�h purposes, Trustor h�reby irre�ocably appaints Lender as Trustor's attorney--in-fac�for�he purpose of making, executing, deli�ering, �iling, recording, and daing all o�her �hings as may be necessary or des�ra�le, in Lender's sole �pinion, �❑ a�Gamplish the matters re�erred fi❑ in �he pre�ed�ng paragraph. i FULL PERF�RMANCE. 1� Borrower and Trustor- pay all the Indsbt�dness, inciuding wi�hout iimita�i�n a�l fu�ure ad�ances, when due, and Trustor❑therwise per�orms all�he obligations impased upon Trustor under this I�eed vf Trus�, Lender shall execute and deli�er t❑ Trustee a r�quesfi �or -Full recvnveyance and sha�! execu�e and deli�er �❑ Trusfia�- sui�able statements ❑f termina�ion ❑� any finan�ing statement on fi�e �Widencing Lender's security interes� in-�he Ren�s � � and the Personal Property. Any �-ecvn�eyance �fee required by law shall he paid by Trustor, i� permitted by applicah�e [aw. EVENTS �F DEFAULT. Each o�the �ollvwing, at Lender's ❑p�ion, sha�l consti�ute an E�ent ofi De�au�� under fihis Deed - , of Trus�: Paymen�Defau�t. Borrower faF�s to make any payment when due under the Indeb�edness. Dther Defaults. Borrower or Trus�ar fai�s fio comply with �� fiv per�arm any afiher fierm, obltga�ian, caWenan� or candi�ion con�ained in this Deed of Trust or in any o�f�fh� Re�a�ed Documen�s ❑r�o comp�y wi�h or to perfarm any term, ob�2gation, co�enant or condi�ian �an�ained in any ather agreement hetween Lender and Borrower❑r Trustor. Cnmpliance ❑efault, Failure �o comply wi�h any o�her �erm, ohliga�kion, ca�enan� ❑r conditian con�ained in �his ' aeed ❑f Trust,�the No�e or in any af th� Related Do�uments. � . i Defaulf vn ��her Payments. Fai�ure ❑f Trus�ar within the�ime required by this Deed ❑f Trust�o make any payment ��r�axes ❑r�nsurance, or any❑ther payment neGessary to pre�en-�fi�ing o�f or�v e��ect discha�-ge o�any�ien. False Statemen�s. Any warranty, represenfiation or statemen�made or furnished�o Lender by gorrower vr Trus�or ❑r on Barrawer's vr Trus�or's beha[f under this fleed ❑f Trus� ❑r�he Related �ocumen�s is false ar misleading in � any mate��al respec�, either now vr at the time made vr furnished ❑r I�ecomes �alse or misle.ading at any �ime thereafter. Defec�iWe CaRlateralizatian. This aeed o�f Trust or any ❑f �he Rela�ked aocuments ceases �❑ be in full force and e#�ect �in�luding failure of any �o[lateral documen�fi to create a �alid and perfected securi�y interes� ar l�en} at any time and far any reason. � ' lnsv��ren�y. The disso�ution o�-terminatian of Barrawer's or Trustar's existence as a gaing business, �he insol�ency o� Borrower ❑r Trustor, the appoinfiment o� a recei�er fnr any par� ❑� gorrvwer's or Trustar's property, any assignmen� for �he benefit o� creditors, any type o� creditar workou�, ❑r �he commencemen� of any proceeding under any bankruptcy❑r insol�ency�aws by❑r agains�Borrvwer ar Trus�or, Creditor ❑r Fvr�eiture Prv�eedin�s. Commencement ❑�f -�areclosure ❑r farfei�ure pra�eedings, whether i�y judicial proceeding, self-he�p, repossession ar any o�her methad, by any cred�tor o� Barrawer ❑r Trustor �r 1ay any ga�ernmen�al agency against any prvper�y se�uring �he Indeb�edn�ss. This inc�udes a garnishment �f any o�F Borrov►rer's ❑r Trustor's accaunts, including deposi� accounfis, wifih Lender. Howe�er, �his E�ent ❑� Defaul� shall na� apply i�there zs a govd faith dispute by Borrovver ❑r Trus�or as t❑ the �alidity �r reasonableness a�the c�aim whi�h €s the �asis ❑f�khe creditor❑r for�eifiure proceeding and ifi gor�awer❑r Trusto�gives Lender wri�t�n notice a� �he creditar or�for�Feifiure praceeding and depos�ts wi�h Lender monies ❑r a surety bond for the credit�r or fivrfeiture � proceeding, in an amount de�ermined 1ay Lender, in i�s sole disc�-e�i�n, as heing an adequate reserWe ar band�or the dispute. ' Breach of�#her Agreemen�. Any breach by Borrvwer o�Trus�vr under the terms o�any other agreement between Borrower or Trustor and Lender �ha� is not remedi�d within any grace period pra�ided �kher�in, inc[uding wi�hvut limi�ation any agreement concerning any indebtedness ❑r o�her obligatian ❑� Borrowe�- or Trustor �❑ Lender, � whe�her exisfiing now or Iater. Events AfFecting Guaran�#or. Any of the prec�ding e�ents accurs with resp�c�k ta any guarantar, endorser� surety, � vr a�commoda�ion party of any o��he Indei�tedness �r any guarantor, endorser, surety, vr acc�mmodafiion par�y dies or becomes incompe�ent, or re�akes or disputes the �aiidity o�f, ❑r iiability under, any Guaranty of the �ndebtedness. Ad�erse Change. A mat�rial adverse change occurs in Barrower's ❑r Trustor`s fiinan�ial condition, vr Lender helie�es the prospect o�payment vr performance of the lndeb�edness Es impaired. [nsecuri�y. Lender in gvod fai�h believes i�sel��nsecure. Right to Cure, lf any default,.v�her than a defaujt�n paymenfi is curable and if Trustar has not heen gi�en a not�ce o�a breach a��he same proWision o�this aeed of Trust within�he preceding�wel�e ��2} manths, it may be cured if Trus�o�, after Lend�r sends written nvtice �v Borrower demanding cure af such defau�t: �1} cures the de�aul� within fifteen {`f 5} days; vr {�� i�the cure requires mare�han fi�fteen t15} days, immediately initiafies sfieps which Lender deems in Lender's s�le discretian to he su��icien� tv �ure fihe de�ault and thereafter �ontinues and �omp�e�tes all reasonable and necessary s�eps sufficient t❑ produ�e compliance as soon as reasanably practiGal. RIGHTS AND REMED[ES �N aEFAULT. ��f an E�enfi of De�aul�occurs under�his Deed o�Trusfi, a� any time thereaf�er,