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��14��351
<br /> C]EED �F TF�UST
<br /> Laan Na: g7�Q5�a5� �Gv�ti�iued� Page 4-
<br /> Current Taxes, Fees and Cha�ges, Upon request by Lend�r, Trust�r sha�l execu�e such documents in addit'ron t�
<br /> �his Deed of Trust and take wha�e�e� o�her actian is requested by Lender to perfect and con��nue Lender's lien on
<br /> �he Real Prnperty. Trus�or shal� reimbu�se Lender for all �axes, as described be�aw, t�gether wi-�h af[ expenses
<br /> incurred in rec�rding, perfecting or continuing this ❑eed o� Trust, includ�ng without [�mitatEon a�� taxes, ��es,
<br /> documentary stamps, and other charges�or re�vrding or regis�ering this Deed of Trus�.
<br /> Taxes. The follovtiring shai[ cvnstitute �axes �o whi�h �h�s section app[i�s; �'1} a specific tax upan this type �f
<br /> Deed of Trust or upon all vr any parf ��the Ind�btedness secured by th�s Deed of Trust; 42} a specif�c fiax on
<br /> Trus�or which Trustor is authori�ed or required to deduct from payments on the [ndeh�edness secured by this type
<br /> �f Deed o�Trus�; �3} a tax on this type o�Deed vf Trust chargeable agains�the Lender or�he holder of-�he Credit
<br /> Agr��ment; and {4} a specitic �ax on aff ar any por-�ion of the lndebtedness or on paymen�s of principa� and
<br /> �nter�st made by Trustor.
<br /> Subsequent Tax�s. If any tax to which �his sectson app['res is enacted subsequent to the date af this Deed of
<br /> Trust, this e�ent shall have th� same ef�ect as an E�ent o�F Defau[t, and Lender may exerGise any or all vf its
<br /> available remedies for an E�ent �f De�Fau€� as pr����ded belovv unless Trus�or either {'[} pays �he tax ��fore it
<br /> becvmes delinquent, or {2} cvntests the tax as pro�ided above in the Taxes and Liens sectEon �nd dep�sits v�rith
<br /> Lender cash or a sufficEen�corpora-�e surety bond vr o�her security satis€actflry to Lender.
<br /> SFCURITY AGREE�1lIENT; FINANCI.NG STATEIIIIENTS. The fol[owing prv�isions relating to this �e�d af Trust as a
<br /> security agreemen�are a part o�this Deed vf Trusfi:
<br /> Security Agreemen�. This instrument sha�l cans��tute a Security Agreement to �he �xten� any of �he Proper�y
<br /> consti�u-�es�Extures, and Lende�sha�i hav� a�� of the rights of a secured par�ty under the Uni-�orm Comme�-cial C�de
<br /> as amended from-�ime to time.
<br /> Se�urity [n�e�es�, [Jpon �eques� by Lender, Trustor sha�� �ake whate�er action Es requested by Lender �o per�Fect
<br /> artd conrtinue L�nder's security in�terest �n-�he Personal Prvperty. 1n addition to recording this �e�d of T�rusf �n the
<br /> real prvperty records, L�nder may, at any time and without further au�hori�a�ion -from Trustor, �ile exec�ted
<br /> coun�erpar�s, capies or reproductions of fihis Deed vf Trust as a �Finan.��ng s�tatement. Y�rus�or sha[[ refmburse
<br /> Lender for aI[ exper�s�s inGurred in perf�cting or continu�ng this security interest. �pon de€au��, T�-ustor sh��� not
<br /> remo�e, se�er or �etaGh the Personal F'roper�y from the Prope��ty. Upori de�au��, T�-ust�r sha�l asser�ble any
<br /> Personal Pr�perty no� affixed �to the Property in a manner �nd a� a place �easonab�y �on�enient to Trus��r and
<br /> Lender �and make i� a�ail��le to Lender v�rithin three �3� days after receipt o� �rvr�tten demand from Lende� to the
<br /> e.x�en�permifi�ed hy app[icab�e 1av�r.
<br /> Addresses. The mai[ing addresses o� Trustar �debtor} and Lender �secure�i party� �rom which informa�ion
<br /> c�ncerning the secur'rty interest granfied by this Deed of Trust may be ohta�ned �ea�h as requi�-ed by�he Uniform
<br /> CvmmerGial Code} are as stated an�he first page of this Deed a�Trust.
<br /> FURTHEF� A55U[�ANCES; ATT�RNEY-�IV-FACT. The �follv�nring provisivns re[ating to �urther assurances and
<br /> attorney-in-�act are a part af th�s ❑eed of Trust:
<br /> Further Assurances. At any time. and from t�me to time� upon r��u�s�of Lender. Trus�or wi�l make, execute and
<br /> de�i�er, or will caus�to be made, execu�ed or d�fiW�red,�o Lender or to Lender's designee, and when request�c� by
<br /> Lender, cause �o be fifed, re�orded, refi[ed, or rerec�rded, as the case may be, a�such times and in su-ch offices
<br /> and p[a�es as Lender may deem appropriate, any and all su�h rnortgages, deeds of trust, se�urity deeds, sec�rity
<br /> agree�ne�ts, �inancing statements, cvntinuation statements, instrumen�s of �ur�her assurance, certi��cates, and
<br /> other documents as rnayr En the sole opinion ot L�nder, �e necessary vr desirab[� in arde�r-t� efi�ec�uate, comple�e,
<br /> per�ect, G�ntinue, or preserve {�� Trusto�'s obli�a�ior�s under t�e Credi-�Agreemenrt, th�s aeed of Trust, and �he
<br /> F�e�ated Documents, and ��} the ��ens and security interests created by �this Deed of Trus� on the Praperty,
<br /> vtirhether no�rv owned or he�-eafter acquired by Trus�or. Un[ess proh�hited by�aw ar Lender agr�es to�he contr�ry in
<br /> writing, Trustvr sha[[ reimburse Lender far all eosts anr� expenses incurred in cvnnection wi�h the mat�ters referred
<br /> to in this paragraph.
<br /> At�orney-i�-Fac�. I�f Trus�or fai�s to do any of the thin�s re�err�d to �n the pre�eding paragraph, Lender may do s�
<br /> �Far and in the name of Trustor and a�Trustor's expense. F�� such purpases, Trustvr her�by irrevocabiy appoints
<br /> Lender as Trustor's a��orney-in=�a�t for the purp�se vf rnak�ng, execufiing� de[i�er�ng�����ng, recarding, and doing afl
<br /> o�her ��nings as may be necessary or desirabl�, in Len�ier's svle �pinion, tv accomplish the €-n�tfers refierred t� �n
<br /> the preceding paragraph.
<br /> •FULL�E�iF�RMAIV�E. 1�Trus�ar pays a[[the lndebtedness �r►rhen d�e,terrr�ir�ates the credi�lane���ounz, �nd otherwis�
<br /> �erForr�is all tlne �blic�at�ons imposec� upon Trus�or under�his.Deed o�Tr�€s�, Lender sha�l �xec�te�nci de�i��r�Q�rus$�e �
<br /> a reques� far full recanveyanc� and sha11 exe�u�e and deE�ver �� �rustor su��ab�e statemer�fis vf ��rmin���an �� an�r
<br /> finan�ing s���ement vn ;ile evideneeng Lender°s se�u��ty in�erest �n the �ents and' ��ne P�rsvnal �r�per�re A�ay
<br /> recanveyanc��ree required by law sha�[he paid by Trus�or, i-�perm�tted by appiicab[e �aw.
<br /> EVENTS aF DEFAULT. Trustor wiC[ �e in defauf�under this Deed a�Trust if any ot the fo[[owing happen: {A} Trustor
<br /> cvmmits �raud o� makes a materia� misrepresen�at�vn at any trme in cannection wi�h the Credit Agreemen�. This can
<br /> inc[ude, �or example, a �aise statement abou� T�usfiorrs income, ass�ts, liabi�ities, or any o�her aspects v�F Trustor's
<br /> finan�ial condition. �B} Trustor does not meet the repayment fierms o�the �redit Agr��m�nt. �C} Trusto�-'s action or
<br /> inaction ad�ersely a��ects the co��a�eral or L�nder's rights in the �olla�eraf. This can include, €or example, faifu�e �o
<br /> ma€nfain required insu�-ance, waste or destructii��use of the c�inie[Cing,fai[ure tv pay�a�ces, deafih o�all persvns [�ab�e on
<br /> �he acGDun�, transfier af ti�Ie ar sa�e of the dwe[l�ng, �rea�Hon o� a seni�r lien on �he dwel�ing w�thout Lender's
<br /> pe�miss�on,��reciosure by the hofder vf anofiher 1i�n, vr�h�use�f�funds�r the dwelfing far pr�h€b:ted purp�ses.
<br /> 1�IGHTS AN� �E111IEDIE� �N DEFAULT. [�an Event❑f D�fauft occurs u�ader this Deed of Tr�st� ��any tirra��hereaf�e�,
<br /> T�-usL�e or��ncfer rnay ex�rcise any vne or mor�of�he zo��ov5r�ng �-ights and �-err�ediese
<br /> Acceierati�n U�on�e�ault;Addit�onaI Remedi�sa [�any Event af�e�au[t occurs as pe.r the terms of the Gr�dit
<br /> Agreemen�secured hereby, Lender may declare all �nde[�tedness secured hy this Deed of Trust to be due and
<br /> payab�e and the same sha[C thereupon become due and payabie inri�houfi any presentrnent, demand, pro�es�or
<br /> nvtice o�any kind. Thereafter, Lender may:
<br /> {a} Eifiher in person or- by agen�t, wi�h or without bringing any action or proceeding, ar }�y a recei�er
<br /> appoin�ed by a caurt and wi�hout regard to �he adequacy of its secu�i�y, enter upon and take pvssession
<br /> n�the Praperty, or any part thereof, in its ovtirn name or in the name o�Trustee, and do any acts �rvhich it
<br /> deems necessa�y or desirab[e to prese�ve the value, marketabiii�y or rentabi[ity o�the Property� or part af
<br /> the Proper�ty Qr in-�erest in the Property; increase the income firom th� Property vr pro�ect the s�curity of
<br /> t�e Property; and. wi�h or w`rthou� taking possessivn o� the Pr�per�y, sue for or o�therwise �ollec� �the
<br /> rentsE issues and pro��ts �f the Prope�ty� incf uciir�� �hose pas� due and u�paid, �nd ���I��he sa�ae� less
<br /> cost� a�d expenses of operat;�n a�d colle���vn a���neys° �ees,�o an���:c�e��edn�ss sec��ed �y�his �3eed
<br /> �� �"r�€s�, a�� an such orc�er as Lender �a� determ�n�e The er�terinc� upor� and �akeng pQssessi�� �f �the
<br /> �roper�y, �he co�6ect�on �� such ren�s, ossue� and pr��itsr anc� ��ae app[�ca�ti�n the�e�� ��a[I n�� ���-e ��
<br /> wa��e any de�auI�or nvtice o�defauC�under�h3s Deed of Trust or in�a[idat� any ac�d�ne �n respvnse ta
<br /> such defau[t ar purs�an�tv such notice of defauIt; and, na�withstanding fihe con�inuance in possession�f
<br /> the Prvperty or th� cv[feetionr receipt and application of ren�s, issues or profi�s, Trust��e vr Lender shaIl
<br /> be entitied to exe�-cise eve�y right provid�d �or in the Credit Agreement or�'he Rela�ed Documents or by
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