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201404008 DEED OF TRUST Loan No: $�2Q59G69 (Continued} Page 4 this Deed of Tr�st and take whatever other action is requested 6y Lender to perfect and continue Lender's lien on the Rea3 Property. Trustor shall reimburse Lender for al1 taxes, as described below, together with a[I expenses 9ncurred in recording, perfecting or continuing this Deed of Trust, including without ]imitation all taxes, fees, dflcumentary stamps, and other charges for recording or registering this Deed of Trust. Texes. The following shal] canstitute taxes to which this section applies: (1) a specific tax upon this type of Deed of 7rust or upon all or any part of the Indebxedness secured by this Deed of Trust; (2f a specific tax on Trustor which Trustor is authorized or required to deduct from payments on the Indebtadness secured by this type of peed of Trust; i3} a tax on this type of Deed of Trust chargeable aqainst the Lender or the holder of xhe Credit Agreemerot; and I4) a specific tax on al] or any portion of the Indebtedness or on paymer�ts of principa[ and incerest made by Trustor. Subseqaerxt Taxes. If any tax to which this section applies is enacted subsequent to the date of this Deed of Trust, this event shall have the same ei�ect as an Event of Default, and Lender rnay exercise aroy or a[I of its available �emedies for an Event of Defaul# as provided helow unless Tr�stor ei#her (1} pays #he tax befvre it becomes delinquent, or (2} contests the tax as provided above in the Taxes and Liens section and deposits with Lender cas[�qr a sufficient corporate surety bond or other security satisfactory to Lender. S�CUR{TY AGREEMENT; FINANC[[�G STATEMEHTS. The following provisions relating to this Deed of Trust as a securiFy agreement are a part af this Deed of Trust: Security agreemerrC. This instrument shall constitute a Security Agreement to the extent any of the Property constitutes fixtures, and Lender shall ha�e all of the rights of a secured parCy under the Uniform Commercial Code as amend�d from time to time. 5ecurity Interest. Upon request by Lender, Trustor shall take whatever ac#ion is requested by Lender to perfect and continue Lender's security i�terest in the Personal Property. En addition to recording this Deed o€7rusx in xhe real property records, Lender may, at any time and without further auihorizatian from Trustor, file executed counterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustpr shall reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor sha[I not remove, sever or detach the Personal Property from the Property. Upon de�ault, Trustor shal[ assemble any Personal property not affixed to Fhe Property in a manner and at a place reasonably convenient to Trustor and Lender and make it available to Lender within three {31 days after receipt of written demand from Lender to the extent permitted by appfica6le law. Adtfresses. The mailing addresses o�F Trustor {debtor} and �ender [secured parry) from which informaYion concerning the security interest granted by this Dead of Trust may be obtained [each as required by the Uniform Cammercial Code} are as stated on the first page of this Deed of Trust. FURTHER ASSURANCES; ATTORNEY-IN-FACT. The foElowing provisions reEating to further assurances and attorney�in-fact are a part of this Deed of Trust: Further A�surances. At any time, and from time to time, upon request of Lender, Trustor wi[I make, execute and de[iver, or will cause Eo be made, executed or delivered, to LencEer or to Lender's designee, and when requested by Lender, cause to ba filed, recorded, refiled, or rerecorded, as the case may be, at suc[� times and in such offices and places as Lender may deem appropriate, any and all such mortgages, deeds of trusf, security deeds, security agreements, financing statements, continuat9on statements, instrurnents of further assurance, certificates, and other documents as may, in the sole apinian of Lender, be necessary or desirable in order to effectuate, complete, perFect, continue, or preserve {Z} Trustor's obligations �nder the Credit Agreerr�ent, this Deed of Trust, and the Related Documenis, and {2} the liens and security irtterests created by this �eed of Trust o� the Property, whether now awned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the convary in writing, 7rustor shail reimburse Lender for a11 costs and expenses incurred in connection with the matters referred to in this paragraph. Attoroey-un-Faat. [f irustor fails to cEo any of the thi�gs referred to in the preceding paragraph, Lender may do so for and ir� the name of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's at[orney-ir�-fact for the Purpose of making, executing, delivering, filing, recording, and doing a11 other thiags as may be necessary or desirable, in Lender's so�e opinion, to accomplish the matters referred to in the preceding paragraph. FULL PERFORMANCE. [f Trustor pays all the ]ndebtedness when due, terminates ihe credit fine accaunt, and otherwise performs a][the obligations imposed upon Trustor under this Qeed of Trust, Lender shal[ execute and deliver to Trustee a request for fuEl reconveyance and shal[ execute and de[iver to Trustor suitable statements of Yermination of any financing stat�ement on file evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyance fee required by!aw shal[ be paid by Trustor, if permitted by applicable law. EV�NTS OF D�FAULT. Trustor wiA be in cEefault under this Deed of Trust if any of the following happen: fA) Trustor commits fraud or makes a material misrepresentatian at any time in connection with the Credit Agreement. This can include, for example, a fafse statement about Trustor's income, assets, liabilities, or any other aspects of Trustor's financia] condition. {B} Trustor does not meet the repayment#erms of the Credit AgreemenY. [q Trustor's action or inaction adversely affects t[�e collateral or �ender's righis in the collateral. ihis can include, for example, failure to maintain requi�ed insurance, waste or destructive use af the dwelling, failure to pay taxes, cleath of al[ persons liable on the account, transfer of ticle or sale of the dwelling, creation of a senior Iien on the dwelling without Lender's permission,fo�eclosure by the holder of anoxher lien, or the use of funds or the dwelling for prohibited purposes. RIGHTS AND REM�D[ES ON DEFAEJLT. [f an Event of Default occurs under this Deed of Trust, at any time thereafter, Trustes or Lender may exercise any ane or more of the following righYs and remedies: Acceleration LCpon Defautt;Additional Remedies. If any Event of Default occurs as per the terms of the Credit Agreement secured hareby, Lender may declare al] Indebtedness secured by this Deed of Trust ta be due and payable and the same shall thereupon become due and payable without any presentment, demand, pro#est or notice of any[cind. Thereafter, Lender may: 1a} Either in persan or by agent, with or without bringing any action or proceeding, or by a raceiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, in its own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value, markatability or rentabi[ity of the ?roperty, or part of the Property or interesi in the Property; increase the income from the Property or protect the security of the Property; and, with or without taking possession of the Property, sue for or otherwise collec# the rents, issues and profits of the Property, inc[uding those past due and unpaid, and apply the same, less costs and expenses of operation and collection attorneys' fees,to any indebtedness secured by this Deed of Trusc, alf in such order as Lender may determine. The entering �pon and taking possession af Yhe Propsrty, the collection of such rents, issues and profits, and the application Fhereof shall nat cure or waive any default or notice of defauft under this �eed of Trust or in�alidate any act done in response to such default or pursuant to such notice of defa�lt; and, notwithstanding the continuance in possession of the Property or the collection, receipt and app]icaEion of rents, issues or profits, Trustee or Lender sha11 be entitEed to exercise every right pro�ided for in the Cradit Agreement or the Related Documents or by law upon the occurrence of any eve�t of defauEt, including the right to exercise the power ofi sa[e;