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��14�4915 DEED �F TRUST Loan Nv: �D��77787 {Continued} Page 6 with the ma�ters referred ta in this paragraph. Attorney-in-Fact. If Trustor fails to dv any a�the things r-eferred t� in the preceding paragraph, Lender may do so �For and in the name of Trustor and a�Trustor's expense. For such purposes, Trustvr here�y irre�ocably appain�s Lender as Trustor's attorney--in��acfi for the purpose o�making, executing, de�ivering, fFling, recording, and doing all ❑fiher things as may 1�e necessary ❑r desirable, in Lender's sole ❑pinian, ta accamplish the ma��ers re�erred t❑ in the preceding paragraph. FULL PERF�RMANCE. lf Barrower and Trus�or pay all �he Indeb�edness, including v+rifihou� limitation all fu�ure ad�ances, when due, and Trustar otherwise perfarms all the obligatians imposed upon Trustvr under this Deed o�Trus�, Lender shall execu�e and deli�er ta Trustee a reques� �ar tuI� reconWeyance and shall execu�e and deli�er to Trustor suita�le sta�ements o�termination ❑f any financing s�atemen� ❑n �ile e�idencing Lender's security interes� in�he Rents and �he Persvnal Property. Any recon�eyan�e fee required by law shall 1ae paid by Trustar, if permitted by appficab�e law. EVENTS �F DEFAULT. Each of the following, at Lender's ❑pfiion, shall �anstitute an E�ent ❑f I�efault under this Deed o�Trusfi: Payment De�ault. Borrower fails to make any payment when due under fihe indelatedness. �ther Defau�ts. B�rrawer ❑r Trustor �fails to �omply wi�h or �o per�vrm any ❑�her term, ❑bligation, co�enant or condition �on�ained in this Deed ❑�F Trust ❑r in any o�f�he Rela�ed ❑ocumen�s �r ta cvmply with vr�v perform any �erm, obligatian, co�enan�vr�ondition canfiained in any ather agre�men�b��ween Lender and B�rrower or Trustar. Compliance Defau[t. Failure to cvmply with any other fierm, ❑laligation, covenan� or conditian �ontained in this �eed o�Trust,fihe Note or in any❑f�he Reiated �ocuments. ❑efault on �ther Payments. Failure of Trus�fior wi�hin the time required hy thFs ❑eed of Trust�o make any paymen� fvr taxes a�-insurance, or any vther payment ne�essary to pre�ent�Filing vf❑r�o e��ecfi discharge of any lien. Fa�se 5�a�emenfis. Any warranty, repr�sen�ation ar statement made or furnished to Lender by gorrower❑r Trustor ❑r an Borrower's ❑r Trustor's behalf unde�-this �eed ❑f Trus� or �he Rela�ed Documents is false or misleading in any mafierial respect, either now or a� �he time made or furnished or �e�vmes false ar misleading at any time �hereafker. Defecti�e �v[lateralizativn. This Deed vf Trust ar any of the Relafied ❑ocumen�s Geases to 1ae in full forc� and effec� �including failure a� any collateral document ta create a �alid and perfected security in�erest ar lien} a� any �im�and for any reason. ❑ea�h vr Insvlrrency. The dissalution ❑� Trustvr's {regardless of whether efection �o continue is made}, any member withdraws from�he limi�ed liab�lity company, or any ather termination of Borrower's or Trus�or's exis�ence as a gaing business ❑r fihe death af any member, the insal�ency of Borrower or Trustar, the app�intment v� a recei��r for any part of Borrower's or Trustor's prvperfiy, any assignmenfi �or the benefit ❑f credi�ors, any type ❑f credi�or w�rkoufi, or the commencement of any proceeding under any i�ankruptcy ❑r insol�ency laws I�y ar agains� Borrower or Trustvr. Credi�or ❑r For�eiture Proceedings. Commen�ement vfi fvrecfosure or forfei�ure p�oceedings, whe�her by judicial pro�eeding, self-help, repossession or any ather method, by any creditor af Borrower or Trustvr ar hy any go�ernmen�al agency agains� any pr�per�y securing the fndelatedness. This includes a garnishment of any o�F Borrnwer's �r Trustor's accounts, including deposit accoun�s, wi�h Lender. Howe�er, �his E�en� of ❑e�au�t sha�� not apply i��here is a good fai�h dispute by Borrower or Trustar as to the �alidity or reasonableness v��he c�aim which is �he basis ❑f the credi�ar or�orfeiture pr�ceeding and if Borrvwer ar Trustvr gi�es Lender writfien no�ice ❑f the Gredi�or❑r fvrfieiture procs�ding and deposits with Lender monies ❑r a surety bond for�he credifor or��feiture proceeding, in an amaun�determined by Lender, in i�s sofe discretion, as being an adequate reser�e or bond fvr the dispu�e. greach o��the�Agreement. Any breach hy Barrower or Trustar under the�erms ❑f any other agreement between gorrvwer or Trustor and Lender �hat is not remedied within any grace period prv�ided �herein, including wifihout limifiafiivn any agreement concerning any indeh�edness ❑r other alaligatian o� Barrower ar Trus�or �a Lender, whether existing naw ar�ater. E�ents Af-Fecfiing Guaran�or. Any a� the preceding e�ents ❑ccurs with respect t❑ any Guarantar of any vf the lndebtedness ❑r any Guaran�or dies or hecomes incampetent, or re�okes or disputes the �alidity of, or liability under, any Guaranty o�the lndebtsdness. Adverse Change. A material ad�erse change occurs in Barrawer's ❑r Trus�or's financial conditian, or Lender helie�es the prospect of payment or per�a�manGe a�the lndebtedness is impaired. lnsecuri�y. Lender in goad fai�h belie�es itself insecure. Righ�to Cure. If any default, ather than a de�Fault in payment is cu�able and if Trus�ar has not be�n gi�en a notice ❑f a breach af the same pra�ision of�his ❑eed of Trust within the preceding twel�e ��2� manths, it may he cured it Trus�or, af�er Lender sends wrififien na�i�e to Barrawer demanding cure of such defaul�: �Z� cures the default wifihin �ifteen {�5� days; ar 4�� i�the cure requires more �han �fifteen �15} days, immediate[y init�a�es steps which Lender deems in Lender's svle discre�ion to he suf�Ficienfi fio �ure the defaul� and ther�affier continues and