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<br /> D�ED �F TRU�T
<br /> Lv�n No: 1���7 26� ���n$�r�u�d} Page 4
<br /> remo�e, se��r or detach the Personal Prope��y fram -�he Pr�per�y. Upon defau[�, Trus�or shaI� assemi��e any .
<br /> Personal Praperty not affixed to the Property in a manner and at a place reasonab�y convenient to Trustor and
<br /> Lender and make it avaiiab[e ta Lender v�rithin �h.ree {3� days af�er receipt ❑f written demand fram Lender to the
<br /> exten�permitted by appl�cable�aw:
<br /> Addresses. The mailing addresses of Trus�vr �debtor} and Lender �s�cured party} �rom wh�ch �nforma�ion
<br /> conc�rning �ne securi�y interest gran�ed hy this Deed of Trus� may be abtained ��ach as r-equired by the Uni�orm
<br /> �ommercial Gode} are as stated on the first page af this Deed fl�Trust.
<br /> F�RTHER ASSURANCES; ATTQRNEY-IN-FA�T. The follow'rng provisions �e[ating to further assurances and
<br /> attorney-in-fact a�e a part of this Deed of Trus�:
<br /> Fu�ther Assurar�ces. At any�ime, and �rom time ta fiime, up�n requ�st of Lender, Trust�r wil� make, execute and
<br /> deliver, vr wi[[ cause�v be made, executed or de[ivered,to Lender or-�a Lender's designee, and wh�n requested by
<br /> Lencler, cause ta be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices
<br /> and p[aces as Lend�r may deem appropria�e, any and all such mortgages, deeds �f trust, security deeds, secu�-ity
<br /> agreements, �i.nancing s�a�k�ments, continua�tion sta�ements, instruments vf further assurance, certi�icates; and
<br /> other doeumen�s as may, in the sol� opin�an of Lender_, be necessary or desirable in order to effec�uate, comple�e,
<br /> � perfect, continue, or preser�e {1} Trusfor's obliga�ions under the Note, this Deed of Trust, and the Related
<br /> Documents, and {�� �he liens and securifiy interes�s created by this Deed of Trust as first and prior 1�ens vn the
<br /> Property, whe�her novv owned or hereafter ac�u��ed �y Trustor. Unless prohibited by law �r Lender agre�s to the
<br /> confirary in wrifiing, Trustor shall reimhurse Lender fQr a[[ cos�s and expenses incurred in connection with the
<br /> mafiters refierred to in this paragraph.
<br /> A�#orney-in-F�ct. lt Trustor�ails �o do any o�the things r��e��ed�o in�he p�eceding paragraph, Lender may d❑ so
<br /> for and in the name of Trus�or and at Trustor's ��pense. Far such purposes, Trustor he�-eby irrevacab[y appoin�s
<br /> Lende�as Trus�orrs a��orney-in-�act for the purpose of making, executing, de��ve�ing� �iling, recard�ng, and doing alf
<br /> o�her �hings as may be necessary or desirable, in Lender's sole vpinion, ta accvmp��sh the matters re�erred to in
<br /> the preceding p�aragraph.
<br /> FULL PERFflF�lViA1V�E. l� Trustor pays all the Ind�btedness when du�. and ath�rwise perfvrms all the obligati�ns
<br /> imposed upon Trustor under th�s Deed of T�-ust; Lender shall execute and deliWer to Trustee a re�uest for fu[1
<br /> recon�eyance and sha[[ execute and d�fiver�o T�rustor suitabCe s�a�emen�s o��ermination af any financing statement on
<br /> �ile evidencing Lender`s security in-�eres�F�n the�en�s and the Personal Property. Any recon�eyance fee requ�red hy law
<br /> shall be paid by Trustor, i�permitted by applicable Eaw.
<br /> EVEINTS �F 1D�FAULT. A� Lender's �pt�Qn, Trus�or will be in de�au�t under this De�d af Trust i� any of the fa[lowing
<br /> happen:
<br /> Payment De�ault. Trustor fails�o make any payment when due under�he Indebtedness.
<br /> Break ather Prvrnises. Trus�or breaks any promise made to Lender or fails to per�orm promp#ly a��he t�me and
<br /> strictly in the manner prvvided in this Deed o�Trust or in any agreemen�relat�d to this Deed v�Trus�.
<br /> Comp[iance �efaul�. Failure to comply w�th any other �erm, ob[iga�ion, covenant or cond�tian evntained in this
<br /> De.ed o�Trus�,the NQt�or in any of�he Rela�ed ❑ocumen�s.
<br /> � De�au�#an �ther Pay�-nents. Failure of Trus�or wi�hin the time required by�his Deed o€Trust to make any payment
<br /> for taxes or insurance, ar any ather payment necessary to pre�en�filing o�or to effec�discharge of any�ien.
<br /> Defau[� �n F��or of Tnird Parties. 5hould Gra.ntor default unde�- any loan, extensian o� credit, security agreementr
<br /> purchase or sales agreement, o�any other agreement, in �aWo�-ofi any other creditor or person -�hat may materia[ly
<br /> affect any of Crantor's property or Granto�'s a�i[ity to repay the [ndebtedness or Grantor's ability to perform
<br /> Grantor's obliga�ions under-�his �eed o�Trust ar any of the �efa�ed Documents.
<br /> False Sta�ements. Any representation or statement made vr€urnished to Lender by Trustvr or on Trus�or's behai-F
<br /> unde�-this Deed o�Trust or the Re[ated D�cuments is fa[se o�-misleading in any ma-�eria� respect, either naw vr at
<br /> the t�m� made or-�urnished.
<br /> Defecti�e Colla�e�a[�zativn. This Deed of Trust or any of the Related Docume:nts ceases to be in �uI[ �o�-Ge and
<br /> e�€ect {including failure vf any c�[[a�eral document to create a �a3�d and p�rfected security interest o�r [ien} at any
<br /> time and for any reason.
<br /> Death v�lnsvlvency. The death of Trustor,the insol�en�y o�f Trus�or,the appaintment of a receiv�r for any part o�
<br /> Trus�or's property, any assignment �ror the bene�it of credi�ors, any �ype o� cred€tor irvorkout, or the
<br /> commencement o�aray proceed"ing under any bankrup�cy or inso�vency[aws by or aga€nst Trustor.
<br /> Taking o� �he Prvperty. Any creditor or go�ernmental agency tri�s to �ake any �f the Property or any ather o�
<br /> Trustor's property in Which Lender has a lien. This includes fia[€ing a�, garnishing o� or 1e�ying on Trustorrs
<br /> accounts with Lender, However, �f Trustor disputes in good �aith whe�her the c1aEm on which �he taking of the
<br /> Property is based is r�alid or reasanable, and if Trustor gi�es Lender written n�tice of the c�aim and furn�shes
<br /> Lender w�th mvnies or a sur�ty �ond satis�actory to Lender to satisfy the claim,then this defau�t pro�ision wi�� no�
<br /> apply.
<br /> Breach o���her Agreement. Any hreach by Trustor under the terms o�any othe�agreement betv�reen Trus�or and
<br /> Lende� that is not remedied vtiri�hin any grace period pra�ided therein, inc[uding with�u� limitati�n any agr�emen-�
<br /> concerning any indebtedness or o�her obligafiion o�Trustor to Lender,�nrhether exist�ng now or later.
<br /> EWents Afiec�ing �uarantor. Any of the preceding e�ents occurs �ivi�h respect�a any guaran��r, endorser, sure�y,
<br /> or accommodation party of any o�the [ndeb��dn�ss or any guarantor, endors�r, surety, or accommodation party
<br /> dies or becomes incompe�ent, ar �e�okes or disputes the va:lidity v�, or liab�[ity under, any Guaran�y of the
<br /> �ndeb�edness.
<br /> [nsecurity. Lender in good fai�h belie�es itsel�insecure.
<br /> Right�o �ure. lf any defaul�, othe�than a de�Fault in paynnent�s curable and i�Trustor has not been gi�en a notice
<br /> of a breach v€the same pra�ision of this Deed a�Tr-us�within�i�e p.receding�wel�e ��2} monfihs, i�may be cur�d i�r
<br /> Trustor, a-F�er Lend�r sends written notice to Trus�or demanding cure af such defaul�: {�} cures�he default�rvi�hin
<br /> tvventy {��} days; or ��� if -�he cure requires more fihan twen�y f 2D� days, immediately initia�es sfieps which
<br /> Lender deems in Lender's so[e discretion to be suff�cien� �o cu-r� �he de�au[t and �her�afiter cvntinu�s and
<br /> comp�etes all reasonab[e and necessary steps sufficient tv prvduee�ornplianc�as s�on as r�asonably practica[.
<br /> F�[GHTS AND F�ENlEDIES �N DEFAUL�. lf an Event of Default oc�urs under�his ❑eed of Trus�k, a�any�ime�hereafter,
<br /> Trustee or Lender may exercise any on�or mor�o�th�fo[[owin-g rights and remedies:
<br /> A�celerafion Upan Defau[t;Addifiional Remedies. [fi any EWent of ❑efau[��ccurs as per the terms o��he No�e
<br /> secured hereby, Lender may declare a�f lndebtedness secured hy th.is �eed of Trust�o be due and payable and
<br /> the same shal!thereupon become due and payable v+rithvu�any presen�men�, demand., protes�or notice of any
<br /> kind. Thereafter, Lender may:
<br /> {a} Either in person or �y agent, �+iith �r withau� b�inging any action or proceeding, or by a receiver
<br /> appointed by a cvurt and withoufi�e�a�d �o th� adequacy of its secur�ty, enter upon and take possession
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