��14�4917
<br /> DEED �F TRUST
<br /> Lvan Nv: 'I�'1�777�7 {Gvntinued� Page �
<br /> Securi�y �nteres�. Upon request by Lender, Trustor shaIl �ake wha����r actian is requested by Lender fiv pertect
<br /> and �ontinue Lender's securi�y interest in �he Rents and Personal Prvper�y. ln additian fio recording this Deed of
<br /> Trust in the rea� praperty records, L�nder may, at any time and wi�hau� fur�her au�horizatian frvm Trustor, �ile
<br /> executed caunterparts, copies vr reprvductions af �his ❑eed of Trus� as a financing s�atement. Trus�or shall
<br /> reimhurse Lender for all expenses incurred in perfec�ing or �ontinuing this security interest. Upvn de�auit, Trustor
<br /> shall not remv�e, se�er ❑r defiach the Persona� Praperty from the Property. Up�n de�aul�, Trust�r shal� assemble
<br /> any Personal P��perty nvt affixed t❑the Property in a manner and a� a place reasanably can�enien�to Trustvr and
<br /> L�nder and make it a�ailal�le ta Lender within three �3� days a�ter receipt o� written demand from Lender t❑ �he
<br /> exfient permitted by applicab�e law.
<br /> Addresses. The mailing addresses ❑f Trust�r {de��or} and Lende� �secured party} frvm which infarma�ian
<br /> concerning the security interest granted by this Deed of Trus� may be ❑btained {each as requ�red by the Uni�orm
<br /> Commer�ial Code� are as stafied an the first page of this D��d af Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY�IN-FACT. The foIIawing pra�isians relating �o fiurther assurances and
<br /> attorney-in-�act are a parfi af this Deed af Trust:
<br /> Further Assurances. At any time, and trom time �o fiime, upon request of Lend�r, Trustor will make, execute and
<br /> deli�er, or will cause t❑ be made, executed or deli�ered, to Lender❑r to Lender's designee, and when r�quested by
<br /> Lender, �ause t❑ 1ae filsd, re�arded, r�filed, or rerecorded, as the case may be, at such �imes and in such v��ices
<br /> and places as Lender may deem apprvpria�e, any and all such morfigages, deeds o�trus�, security deeds, se�urity
<br /> a�reemenfis, financing statements, continuativn statements, instruments �fi further assuran�e, certificates, and
<br /> other documen�s as may, �n the svle apinian of Lend�r, be necessary ar desira�le in ❑rde�ta e�fectuate, complete,
<br /> pertec�, cantinue, ar preser�e �1} Borrawer's and Trustor's ❑bligatFons under the Note, �his Deed af Trust, and
<br /> the Related Do�uments, and ��} the �iens and se�urity in�erests created by �his Deed of Trust as first and prior
<br /> liens on the Pr�perty, whefiher nvw ❑wned ar hereafter acqui�ed 1ay Trustar. lJnless prohibi�ed by law or Lender
<br /> agrees to th� con�rary in writing, Trustvr shall reimhurse Lender for all �osts and exp�nses incurred in cannec�ion
<br /> with the matfiers ref�rred to in this paragra�h.
<br /> Attvrney�in�Fact. If Trustor fails to da any af the fihings referred �o in the preceding paragraph, Lender may do sv
<br /> for and in the name vf Trus�or and at Trustor's expense. For such purposes, Trustor hereby irrevocably appvints
<br /> Lender as Trustor's attorney-in-fact fa��he purpose v�making, executing, de[ivering, filing, recording, and doing all
<br /> ❑�her things as may be necessary ❑r desirable, in Lender's s�[e �pin�an, t❑ accomp[ish the matters referred to in
<br /> th� preceding �aragraph.
<br /> FULL PERF�RMANCE. [f Borrower and Trustar pay all �he Indebtedness, including w�thou� limitation all future
<br /> ad�ances, when due, and Trust�r otherwise perfvrms all the abIigations impvsed upon Trustor under�his I]eed of Trust,
<br /> Lender shall execute and deli�er �❑ Trust�� a reques� �for �ul� recon�eyance and shall execute and deli�er ta Trus�or
<br /> suitable statements vf�ermina�ion of any financing statement ❑n file eWidencing Lender's security in�erest �n the Rents
<br /> and the Persanal Proper�y. Any recon�eyanGe fee required by law shall be paid by Trustar, if permitted by applicahle
<br /> Iaw.
<br /> EVENTS �F DEFAIJLT. Each ❑�f the fallawing, at Lender's ❑p�ion, shal� �onstitute an Ev�n� of Default under this i�eed
<br /> o�Trust:
<br /> Payment❑efault. 6orrower fails to make any payment r►vhen due under the Indeb�edness.
<br /> �fiher Defau�ts, Bvrrvwer or Trustvr �ails t❑ �omp[y with or to perform any ather term, ab[igafiian, co��nan� or
<br /> condition can�ained in this ❑eed af Trust or in any ❑�the Related Dacuments or to comply with ar to perfa�m any
<br /> term, ob[igatian, co�enant or�ondition contained in any other agreement between Lender and Bvrrawer ar Trus�or.
<br /> Compliance Default. Failur� to comp�y wifih any ❑ther term, vhligativn, co�enant ❑r condition cvntained in fihis
<br /> ❑eed o�f Trus�, �he No�e ar in any af the Rela�ed Documents.
<br /> Default on D�her Paymen�s. Failure a�Trustor w�thin the time required by this Deed af Trust to make any payment
<br /> #or taxes or insuran�e, or any❑ther payment necessary tv pre�ent fiiing of ar�❑effect discharge of any lien.
<br /> False 5tatemen�s. Any warranty, representa�ion or s�a�emen� made vr furnished t❑ Lender by Barr�wer or Trustor
<br /> or on Barrower's ❑r Trustvr's behaff under this Deed af Trus� ❑r �he Rela�ed D�cumen�s is �alse or mis3eadin� in
<br /> any material respe�t, ei�her now ❑r a� the time made or furnished or becomes false or misleading at any time
<br /> thereaf�er.
<br /> Defecti�e Ca�fateratization. This Deed ❑f Trust or any ❑f �he ftelated �ocuments ceases t❑ be Fn full force and
<br /> e�fec� {including failure o� any collatera� dacumen� to create a �alid and per�ected securifiy interest or lien� at any
<br /> �ime and for any reason.
<br /> Deafh vr �nsolvency. The dissolution vf Trustor's �regard�ess o� whether election to continue is made�, any
<br /> member wifihdraws from the limited �iability�ompany, ❑r any ather termination of Borrower's or Trustar's existence
<br /> as a gving husiness ❑r �he dea�h of any member, the insvl�en�y ❑f Borrov+rer or Trustvr, the appvintment o� a
<br /> recei�er for any part o� Barrower's ❑r Trustor's property, any assignment far the bene�it af creditors, any�ype ❑f
<br /> creditor workout, or�he cammencemen� ❑f any proc��ding under any bankruptcy ❑r insol�ency laws by ❑r agains�
<br /> Borrawer or Trustar.
<br /> Creditor or Forfei�ure Proceedings. Cvmmencemen� ❑f �oreclosure ar for�ei�ure prviceedings, whether by jud�cial •
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