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��14��S1S
<br /> C7EE�] �F TR�J�T
<br /> L�an No: 7 73���7�� ��ontx���d� Pac�e 4
<br /> Subsequen� Taxes. [f any �ax tv vLrhi�h this sec�ian app���s is enacted subse�uent �o the date vf this Deed of
<br /> Trust, �his even� sha[[ have the same effec� as an E�ent of Default, and Lend�r may exe�-c�se any or aI� af its
<br /> ava'ilabi� remedies �or an E�ent v� De�aulfi as provided below uniess Trus�vr either t�� pays the tax be�ore it
<br /> becom�s delinquenfi, ar {2� contests the tax as p�ovided ab�We in th�Taxes and Liens section and deposits wi�h
<br /> Lender cash or a su�ficien�corp�rate sure�y bond or other securi�ty satEs�a��ory to Lend��.
<br /> SECURITY AG�EEIVIENT; F1NAi1�C�i1€G STATEMENTS. The following prvvisions relating to this Deed of Trust as a
<br /> s�curity agre�ment are a part of�h�s Deed o�Trus�:
<br /> Secur�ty Agreennen�. This instrument sha[[ constitute a SeCurity Agreemen� to the ex�ent any af �he Property
<br /> cons��tutes f��tures, and Lender shaI� ha�e all ���he righfis o�a secured party under�he Uni�orm Cammercial Code
<br /> as amended#rom�ime�to tir�e.
<br /> Seci�rity ln�erest_ �pon request by Lender, Trus�or s�a[[ take whateWer acrtion is reques�ed by Len�er to per�ect
<br /> and con�inue �ender`s s�cur�ty irateres� in the Personal Prop�r�y. [n add�tion to recvrding this ❑eed of Trust in�he
<br /> rea! praper�y re�ords, Lender may, at an� ��me anci iniithout fur�her authorizatian �rom Trustvr, fi[e execu�ed
<br /> counterparts, copies or reproductians af �his ❑eed o�F Trust as a financing sta�errient. Trus�or shall reimburse
<br /> Lender for al! expenses incurred in perfec�ing flr conti.nuing �his security interest. Upon defaul�, Trustor shaI� no�
<br /> r�move, seWer ar de-�ach �he Person.a[ Proper-�y �rvm the Prvperty, Upon defauit, Trustar shall assemble any
<br /> P�rs�nal Property not a���xed to the Proper�y in a manner and at a p�ac� reasonahiy eonvenient to Trustor and
<br /> Lender and make i-� a�ai[ab[e ta Lender wi�hin thr�e �3� days a�te� receipt af written demand.frvm Lender ta the
<br /> �xtent permit�ed by applicable�aw.
<br /> Addresses. The mailing addresses of Trus�vr �deb�o�} and L�nder {secured par�y} fram which information
<br /> concerning the seGu��ty interesfi granted by this Deed af Trust may be obtained �each as required by the Uniform
<br /> Commercial Code} ar�as sta�ed on the firs-�pa�e of this Deed o��fr-ust.
<br /> FURTHER �4SSURANGES; AT��RNEY-IN-F,�C�'. �he fvllowing pra�isians re�ating fi� further assurances and
<br /> attorney--in--fact are�part of�his D��d o�Trust:
<br /> Fu�her Assu�ances. A�any�ime, and from �irr�� to time, upon reques� of Lender, Trustor wi�� make; execute and
<br /> deli�er, or wili cause to be made, execu�ed or de���ered,to Lender or ta Lender's designee, and�nihen reques�ed by
<br /> Lend�r, cause to �e �i�ed, recarded, refiled, or rerecorded, as the c�se may be, at such t�mes and in such offices
<br /> and plac�s as Lender rnay deem appropria�e, any and a[[ such rnor�gages, deeds vf�rust, security deeds, securi�y
<br /> agreements, �inancing sta�ements, continuation statements, ins�ruments o� further assurance, cert��ica�es; and
<br /> vther dacumen�s as may, in�he sole opinion of Lender, be necessary or des�rabfe in order to e-F-Fectuate, complerte,
<br /> perfect, cvn�inuer or prese�ve ��� Trustv�'s obliga�ions und�r the Note, this Deed of Trus�, and �he Related
<br /> �]ocuments, and ��} the fiens and se�urity in�eres�s crea�ed by th�s Deed of T�ust as fiirs� and prior [i�ns on �th�
<br /> Proper�y, wh�ther n�w owned or hereafter acquired by Trusfior. Unless pr�hibi�ed by lav� or Lender agrees�b the
<br /> contrary in vvr�ting; Trustor sh.a[� reimburse �.ender �v� a11 GDS�S and expenses incurred in connection vtirith �he
<br /> matfiers �eferred�o in this paragraph.
<br /> �4t�vrney-�n-Fa��. �f Trustvr€a��s �v do any���he �hings referred to in the preceding paragraphE Len�er may do sa
<br /> �ar anc€ ir��he narne ��Trus�v� and at Trusto�'s expense. Fvr such purpos�s, Trus�vr hereby �rrev�cab[y a�pvints
<br /> Lender as Trustor's attarney--in--fact�For the purpose vf m-aking, executing. de�i�ering.�i[ing, �ecordin�, and doing a(I
<br /> other things as may be necessary or desirable, in Lend�r's soCe opinion, to accomplish the ma��ers referred tv in
<br /> the preceding paragraph.
<br /> FULL PERF�RN�ANCE. [� Trusto� pays all fihe �ndebtedness v�rhen due, and otherwise p�rforms ali �he obligations
<br /> impased upon Trus�or under this �eed v� Trusfi, Lender sha�l execute and del���� ta Trus�ee a reques� �For �u�[
<br /> reconveyance and shall execu�e and de�i�e�t� Trustor sui�able s�a�ements of termination of any financ�ng sta�emenf on
<br /> file evidencing Lende�r's secur�ty interest in the Rents and the Pers�na[ Properfy. Any recon�eyance€ee required by law
<br /> shaf[ he paid hy Trustor, �f perm"r��ed by applicable law.
<br /> EVElVTS �F DEFAULT. A� Lend�r's opti�n, Trustor wili be in default under�khis Deed o#Trust i� any v�the fiollowing
<br /> happer�:
<br /> Payment��fau�t. �r�stv�-�ai�s to rnalce���payr�ent vvhen due under the [nt�ebtedn�ss,
<br /> �reak ��her Promisese �'�ustor hreaks any pr���se r-r,ade to Lender or fail.s -to per���r� pror�p��y a� the time and
<br /> s�rictiy�n�he rnanner pr��Eded in�h�s �eed�f Tr�s�or in any agreer�nen�t r-elated tv�his Deed a�Trust.
<br /> GompIian�e �]e�au�t, Failur� to �amply with any vther �term, obligation, co�enan� vr c�nditEon contained in �his
<br /> �eed of Trust,the Note or'rn any af the F�elated Documen�s,
<br /> Defau�t on�ther Paymen#s. Fai[ure o�F Trus�vr with�n�he�ime requi;red hy this �eed of Trus#to make;any payment
<br /> for�taxes ar�nsurance, or any other paymen�necess.ary to:pre�ent�Filing af�r�o e�ffect discharge o�any[ien.
<br /> De�aui�in Favor vf Third Par�ies. Shau�d Grant�r defaulf under any Ioan, extension o� credit, seGurity agreement,
<br /> pur�h�se o�sales agre�ment, vr any other agreerr»nt, in �a�o�-vf any�ther credi�or or person that may materially
<br /> affect a.ny o� �ran�or's property or �rant�r's abilE�j �o �epay �h� �nde�t�dness ar Gran�or's abi[ity �o per�orr�
<br /> �rantor�s obliga�ior�s�ndar this �eed o�Trust c�r any o��he i�elated �ocur�ents.
<br /> Fatse S�atemera�s. An�r representafian o�-s�atemen� m.ade or�urnished �� Lerd�r by Trust�r or���'�us�vr's behal�
<br /> under this Deed of Trus�vr�h� Refat�d Documer��s €s false or ��s}�ad�ng in any ma�eri�� res����, �i�h�r nov� ��-at
<br /> the�irxi� m�de o��urnished.
<br /> Defec�ive Co��a�eraiizativn. This Deed �f Trust or any o� �he Re[ated �acuments ceases �o �ae ir� �uf[ �orce and
<br /> effec� �includ�ng �Failur� of any �o[[ateral document ta create a va[id and perfec�ed s�curity in�teres-� or fien} at any
<br /> -�irne and�a�any reason.
<br /> Death or�nsolvency, The death of Trustor,th� insvl�en�y o�f T�ustor, the appoin�ment o�a recei�er�or any par�of
<br /> Trustor's pr�per�y, any assignment for �he benef'r� ,o� cred€tors, any rtype vt c�editor workout, or the
<br /> commencement vf any prvice�ding under any bar�krup�cy or insol�ency laws by o�-agains�Trus��r.
<br /> T�k�ng o� �h� Ps�aper�y. Any credifior or go�ernmenta� agency �ries �o take any o� �he Prop�r�y or any other of
<br /> Trustvr's �raperfiy in� which Lender has a lien. Th�s includes �aking af, garnishing v E ar ���ryer�g �� Trustor`s
<br /> accoun�s with Ler�der. �[owe�er, if Trustor disputes in gvv� �aith whether th:e �lairr� on which �he taking aT �he
<br /> F'rvper-�y €s based is �a[id s�r reasonalble, and �� �rustor g��es Lender rr�rittera �o�ic� v� �he �lairn and �urn�s�es
<br /> �ender�rit� s�nonies or a surety bond sa�isfacto�y�o Ler�c�e��o satis�the cl�irn, �hen�h�s def�ul��ro�isi�a€� �rv�ll na�
<br /> appfy.
<br /> Breach a-��ther�1gre�ment. Any breach by Trus�or under�he�erms o�any v�her agreemen�between T�ustor and
<br /> Lender tha� is no� �emedied within any grace period pro�ided �herein, �ncluding withourt [i.mita�ion any agreemen�t
<br /> concerning any indeb�edness or other obl��atifln�f Trust�r�to Lender, vvhe�her�xisting now or later.
<br /> E►rents Affe�ting Guara�ntor. Any of�he preceding e�ents occurs wi�h respec��o any guarantor, endorse.r, surety,
<br /> ar accornmodat�on par�y �f any of�he Indebtedness or any guar�ntor, endorse�-, surety; or accommoda�ion party
<br /> dies or becomes incompe�en�, or re�okes �r dispu�t�s �he �a�idity o�, or fiah�l;ty under, any Guaranty of �the
<br /> Endebtedness.
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