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201405342 DEED OF TRUST Loan No: 8�2059765 {Continued) Page 4 this Deed of Trust and take whatever other action is requested by Lender to perfect and continue Lender's lien on the Real Property. Trustor shall reim6urse Lendar for a!I taxes, as descri6ed below, together with al] expenses incurred im recording, perfecting or continuing this �eed of 7rust, inc[uding without limitation al[ taxes, fees, documentary stamps, and other chsrges for recording or registering this Deed of Trust. Taxes. The folEowing shall constitute taxes to whicf� this section app[ies: (1} a specific tax upon this type of Deed of Tr�st or upon a[I or any part of the Indebtedness secured by this �eed of Trust; {2] a specific tax on Trustor which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type of Deed of Trust; {3) a tax on this type of Deed of Trust chargeable against Yhe Lender or the holder of the Credit Agreement; and {4} a specific tax on a!I or any portion of the [ndebtedness or an payments af principal and interest made by Trustor. 5ubsequeurt Taxes. If any tax to whic� this section app[ies is enacted subsequent to the date of this Deed of Trust, this event shall have the same effect as an Euent of Defauft, and Lender may exercise any or al[ of its availab[e rernedies for an Event of Defeu!# as provided below unless Trustor either (1] pays the tax befiore it becomes deEinquent, or (2) contests the tax as provided above in the Taxes and Liens sectian and deposits with Lender cash or a su�Ficient corporate surety bond or other security satisfactory to Lender. SECURITY AGREEMENT; FINANCING STATEMENTS. The fallawing provisions relating to #his deed of TrusY as a security agreement are a part of this Deed ot Trust: Security Agreement. This insirument sha[I cor�stitute a Security Agreement to the extent any of the Property constitutes fixtures, and Lender shall have aIl ofi the rights of a secured party under the Uniform Commercial Code as amended from time ta time. Security lu�terest. Upon reques# 6y Lender, 7'rustor shall take whatever action is requested by Lender ta perfect and conti�ue Lender's security interest in the PersonaE Property. In addition to recording this Deed of�rust in #he real property recards, Ler�der may, at any time and without furkher authoriza#ion from Trustor, file executed coun#erparts, copies or reproductions af this Deed of Trust as a financing statement. Trustor sha11 reimburse Lender fo� afl expenses incurrec[ in perfecting or continuing this security interest. Upon default, Trustar shalE not remove, sever or detach the �ersonal Property from the Property. Upon default, Trustor shall assemble any Personal Property noY affixed to the Property in a manner and at a place reasonab]y convenient to Trustor and Lender arvd make it avai[able to Lender within three i31 days after receipt of written demand firom �ender Eo the extent permitted by applica6le law. Addresses. The mailing addresses qf Trustor [debtar] and Lender {secured partyf frorrt which information concerning the security interest granted by this �eed of Trust may be obtained {each as req�ired by the Uniform Commercial Code) are as stated on the first page of this Deed of Trust. FURTHER ASSURANCES; ATTORI1fEY-IN-FACT. The following pro�isions relating to further assurances and attorney-in-fact are a part of this Deed of Trust: Farther ASsurances. At any Yime, and #rom time to time, upon request of Lender, 7rustor wil[ make, execute and deliver, or will ca�se to be made, executed or delivered, to Lender or to Lender's designee, and when requested by Lender, cae�se to be fiEed, recorded, refiled, or rerecorded, as the case may be, at such tirr�es and in such offices and places as Lender may deem appropriate, any and alf such mortgagss, deeds of trust, security deeds, security agresmenEs, financing statements, continuation statements, instr�ments of further assurance, certificates, anc[ other docvments as may, in the sole opinion af Lender, 6e necessary or desirat�le in order to etfectuate, corrtpfete, per�ecf, continue, ar preserve i1] Trus#or's obligations under the Credit Agreement, this Deed of TrusY, and the Related C�ocurttents, and (2) the ]iens and security interesEs created by this Deed of Trust on the Prvperty, whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor shall reimburse Lender for all cosis and expenses incurred in connection with the matters referred to in this �aragraph. Attorney-in-Fact. ]f TrusYor fails to do any of the things refierred to in the preceding paragraph, Lender may do so far and in the name of Trustor and at TrusEor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's attorney-in-fact for the purpose of making, execuYing, de[ivering, #iling, recording, and doing alE other tE�ings as may be necessary or desira6le, in Lender's sole opinion, to accamp[ish the matters refarred #o in the preceding paragraph. �ULL PERFORrViANC�. If'1-r�stor pays a11 the Indebtedness when due, terrrtinates the creciit line account, and otherwise performs all the obfigations imposed upon Trustor under this Deed of Trust, Lender shall execuee and deliver to Trustee a request for full reconveyance and shall execute and deliver to Trustor s�itahle statements of termination of any financing statement on file evidencing Lender's security interest in the Rents and the Personal PraperCy. Any recan�eyance fee required by law shall be paid by Trustor, if permitted by applica6le law. EVENtS OF DEFAULT. Trustor will 6e in default under this Desd o�Trust if any of tE�e following happen: (A} 7rustor commits fraud or makes a material m9srepresentation at any time in connection with the Credit Agreement. This can include, for example, a false statement about Trustor's income, assets, liabili2ies, or any other aspects of Trustor's financial condition. [Bl Trustor does not meet the repayment terms of the Cred9t Agreement. (C} Trustor's action or inaction adversely aY�acts the calfateral or Lender's rights in the coflateral. This can incEude, for exarnple, failure to maintain required insurance, waste or destructive use of the dwe[ling, failure to pay taxes, death of all persons 9iable on the accos�nt, transfer o# tit[e or sale of the dwelling, creation of a senior lien on the dwelfing without �ender's permission,#oreclosure by the holder of another fien, or tine�se of funds or the dwelling for Prohibited purposes. RIGHTS ANd �tEMEDIES ON DEFAULT. lf an Event of Default occurs under this Oeed of Trust, at any tirne thereaiter, Trustee or Lender may exercise any one or rriore of the following rights and remedies: Acceleration Upon flefault;Additional Remedies. If any Event of De�ault occurs as per the terms of the Credit Agreement secured hereby, Lender may dec[are all Inde6tedness secured by this Deed of Trusi to be due and payable and the same shall thereupon become due and payable without any presenYment, decnand, protest or notice of any kind. Thereafter, Lender may: (a} Either in person or by agent, with or without bringing any action or proceeding, or by a recei�er appointed by a court and without regard to t[�e adeqvacy of 9ts security, enter upon and take possession of the Property, or any part thereof, in its own name or in the name of Trustee, arsd do any acts which it deems necessary or desirable to preserve the value, mar[cetability or rentability of the Property, or part of the Property or interest in the ProperYy; increase the income from the Property or protect the security of the Property; and, with or withaut taking passession of the Property, sue for or otherwise collect the rents, issues and profits of the Property, including those past due and unpaid, and apply the same, less costs and expenses of operation and co[le�tion attorneys' fees, ta any indebtedness sec�red by this Deed of �rust, all in such arder as Lender may determine. The entering upan and taking possession of the Property, the collection of such rents, iss+�es and profits, and the application thereof shall not cure or waive any default or notice of default under this Deed of Trust or invalidate any ac#done in response to such default or pursuant to such notice of detault; and, notwithstanding the continuance in possession af the Property or the callection, receipt and application of rents, issues or profiits, Trustee or Lender shall be entitled to exercise every right provided fior in the Credit Agreement or#he Re[aied Doc�mertts or by law upon the occurrence of any event of default, including the r9ght to exercise the power of sale;