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��14�1���
<br /> �]�EC] �F TRUST
<br /> ��ontinu�d} Page 5
<br /> Taxes. The fia��awing shail constitu�e taxes �o which �his section applies: �1� a spec�fic tax upan this type of
<br /> ❑e�d of Trust or upon all or any part �f the Indebtedness secu�ed by this Deed �� Trust; t27 a sp�cific tax on
<br /> Trustor which Trustor is authori�ed ot� requir�d to dedu�t#rom payments on �he Indebtedness se�ured hy�this type
<br /> o� ❑eed of Trust; {3} a tax on th�s�ype of D�ed of T�ust chargeable against the Lender❑r the halder of�the Cr�di�
<br /> Agreement; and �4y a specifi� tax on alf or any portion o� the Indebtedness or on payments o� principa! and
<br /> interes�made by Trustor.
<br /> 5ubsequent Taxes. I�F any tax �o which th�s section appiies is �nacted subs�qu�nt to the dat� o� this Deed o�
<br /> Trust, this e�ent shall ha�e the same e��ect as an E�ent of �efault, and Lender may exercise any or all of its
<br /> ��ailabie remedies for an E�ent of ❑efault as pro�ided below unless Trustar eEther �1 y pays the tax be�ore it
<br /> becomes delinquent, or ��� con�ests the tax as pro��ded abo�e in th� Taxes and Liens sec�ion and dPposits with
<br /> Lender cash or a su�fi�ient carporate surety bond ar other se�urity satisfactory to Lender,
<br /> SECUR�TY AGREEiVIENT; F�NANC�N� STATEMENTS. The following pro�isions relat�ng ta th�s Deed of T�us� as a
<br /> security agreement are a part of th�s Deed of Trus�;
<br /> Security Agreement. This instrumen� shall c�nstitute a 5ecurity Agreemen� to the extent any of the Property
<br /> constitutes fix�ures, and Lend�r sha�I ha�e al� o�the righfis of a secured pa�ty under the lJniform Comm�rcia! Code
<br /> as amended from time���ime.
<br /> Security Interest. Upon reques� by Lender, Trustor shall �ake whate�er a��ion is requested by Lender to perfect
<br /> and c�n�inue Lender's se�u�i�y in��rest in �he Personal Property, in addition �o reGarding this Deed ��Trust �n the
<br /> reai property recards, Lender may, a�t any time and wi�hout further authoriza�ion from Trustor, file executed
<br /> caunterparts, copies ❑r reproductions af this Deed of Trust as a f�nancing statement. Trustar shal! reimbu�se
<br /> Lender #or all expenses in�urred in per�e�ting �r continufng this se�urity interest. Upon de�auit, Trus�or shall not
<br /> �emo�e, se�er ❑r deta�h the Persona� Prap�rty from the Property. Upon default, Trustor sha�] assemb�e any
<br /> Persana� Prope�-ty n�t affixed �o the Property in a manner and at a pEace reasonably con�enient to Trustor and
<br /> Lender and ma�e �t a�ailable to Lende� w�thin three �3} days after r�ceipt of written demand from Lender to fihe
<br /> extent perrn�t�ed by applicable law.
<br /> Addresses. The ma��ing addresses of Trustor (debt�r} and Lender {secured partv7 fr�rn which information
<br /> concerning the securi�y inter�s� granted by th'rs Deed o�F Trust may be obtained �each as r�quired by the lJni��rm
<br /> Commercial Code} are as stated on the first page o�this ❑eed o�Trust.
<br /> FURTHER ASSURANCES; ATTaRNEY-1N�FACT. The fol�owing pro�iSions relating to fur�her assurances and
<br /> atforney-in�fact are a par�❑f this ❑eed �f Trust:
<br /> Further Assurances. At any time, and fram -�irne �a time, upon request of Lende�, Trustor w��i make, execu-te and
<br /> de�i�er, or will cause to be made, executed or de�i�ered, to Lender or to Lender's designee, and when �equ�sted by
<br /> Lender, cause to be filed, recorded, refi�ed, ar rer�corded, as the case may be, at such �imes and �n such offi�es
<br /> and pla�es as Lender may deem appropriate, any and al� such mortgages, deeds o#trus�t, security deeds, se�urity
<br /> agreemen�s, financing sta�ements, con�inuati�n s�atements, instruments of -�urther assuran�e, �ertificates, and
<br /> ❑ther documents as may, in the so�e ❑pinion of Lender, be ne�essary or desirab�e in❑rd��to effec�uate, complete,
<br /> perfe�t, �ontinue, or preser�e �1� Trustor's ��ligations under the Credit Ag�eem�nt, this ❑eed of Trust, and �he
<br /> Related Documents, and t�� th� �ien� and security interests crea�ted by this D�ed ❑f Trus� an the Property,
<br /> whefih�r now owned or her�after acquired by Trusto�. Unless p�oh�bi�ed by law or Lende�ag�ees ta the contrary in
<br /> writing, Trustor shall reimburse Lender �or all costs and �xpenses incurred in connect�on with �he matt�rs refer�ed
<br /> �l❑ in this paragraph.
<br /> At�tvrney�in-Fact. ff Trustor faiis �a do any af the things referred �� in the preceding paragraph, Lender may do so
<br /> for and in �he nam� ❑f Trustar and at Trusto�'s expense. For such purposes, Trus#or hereby i�re�ocably appoints
<br /> Lender as Trus�or's attorney-�n-fact for the purpase of mak�ng, executing, deli�ering, �i�ing, re�ording, and doing all
<br /> o�her �hings as may be ne�essary or desirahle, in Lender's soie opinion, �o accomplish the ma�ters re#erred to in
<br /> the pre�eding parag�-aph.
<br /> FULL PERF�RMAhlCE. I�Trustor pays al� the Inde�tedness when due, terminates the credit I�ne account, and otherwise
<br /> performs a�l the abliga�ions �mposed upon Trus�ar under this ❑eed o�Trus�, Lender shall execute and deli�er ta Trustee
<br /> a request for ful� recon�eyance and shali execute and d�l��er to Trustor suitab�e statements of termina�ion a�F any
<br /> �inancing statement �n f�ie e�idencing Lender's security interes� in �he Rents and the Personal Property. Any
<br /> recon�eyance fee requi�-ed by!aw shal�be paid by Trustar, if p�rmitted by applicable law.
<br /> EVENTS OF ❑EFAULT. Trustar w��l be in defaul� und�r this Deed af Trust i� any o� the faf�owing happen: �A� Trustor
<br /> �ommits fraud or makes a materia� misrepresPn�atian at any time in connection with the Credit Agr�ement. This can �
<br /> include, for example, a false sta�ement about Trustor's income, assets, liabili-ties, or any other aspects of Trustor's
<br /> financial condi�ion. �B} Trust�r daes not meet the repayment t�rms o�F�he Credit Agreement. tC) Trustor's act�on ar
<br /> inaction ad�ersely a��scts �h� ��I�ateral or Lender's rights in the co�lateral. This �an inc[ude, �or exampie, fiai�ure t❑
<br /> ma�ntain required insuran�e, was�� o�destruct��e use o�the dwelling, faE�ure t� pay taxes, death of al! persons liable on
<br /> the ac�ount, �ransfer of ti�le or sa�e of the dwe�ling, cr�ation o� a senior I�en on the dwelling wi�hout Lender's
<br /> permission, foreclosure by the h�ld�r of another lien, ar�he use of funds or the dwellin� for prahib�ted purposes.
<br /> RiGHTS AN❑ REMEDIES �N DEFAULT, If an E�en�of De�ault occurs under this Deed of Trust, at any�ime thereafter,
<br /> Trustea or Lender may exercise any one or mor� ❑-�the fa�lawing righ�ts and remedies:
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