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� ��14�7�9� � aEED �F TRUST Lvan Nv: 'i�'I�51363 �Contin�ed� Page � per�ec�, canfiinue, or preserWe �� Trustor's �bligativns under the Note, this Deed of Trust, and the Rela�ed ❑ocumen�sr and �2} the fiens and security interests crea�ed by�khis ❑eed of Trust as first and prior liens on�he Properky, whether nvw vwned or hereaf�er acquired by Trusfior. Llnless prvhibi�ed by law or Lender agrees�o the cont�-ary in writing, Trustor sha�l reimhurse Lende�- for all C�5f5 and expenses incurred in connecfiion with the ma�ters refierred to �n this paragraph. , . Attorney�in-Fac�. lf Trus�v�-fails to do any ❑f the things referred�to in the prec�ding paragraph, Lender may do so �or and in�he name ❑f Trustor and at Trustor's expense. Far such purposes, Trustvr he�-eby irre�ocab�y appo�n�s Lender as Trus�or`s attorney--in--�act for�he purpose of making, ex��uting, deli�e�ing, fifing, recording, and daing ail ' o�her things as may he necessary v�- desirable, in Lende�-'s sole vpinion, to accomp�ish the matters referred to in • the pr�ceding paragraph. � FULL PERF�RMANCE. If Trustor pays all the lndeb�tedness, inc�uding withou�limi�afiivn all future ad�an�es, when due, and otherwise performs afI the ❑bliga�ians imp�sed upvn Trustar under this Deed vf Trust, Lender shal! execute and deli�er to Trustee a reques� f�r full recon�eyance and shall �xecute and deli�er ta Trusfivr suitab�e sta�ements ❑� �erminafiion of any �inan�ing statement �n �ile e�idencin� Lender's securi�y interest in the Ren�s and the P�rsonal Property. Any�econveyance fee required by law shall be paid by Trus�or, if permitted by applicable law. EVENTS �F DEFAULT. Each ❑f the ��llnwing, at Lender's apfiivn, shall canstifiute an Even� of D�fault under this Deed of Trust: Payment Defau�t. Trustar fails ta make any paymen�when due under the lndeb�edness. �ther Defaul�s. Trustar �ails �o comply with or to perform any ❑ther term, vbligation, co�enan� or cvndifiEvn ' � contained in this Deed v�Trust ❑r in any o� the Related ❑acuments or �v cvmply with ar to per�orm any �term, � obligativn, co�enan�or conditi�n con�ained in any other agr�ement be�ween Lender and Trusfivr. � Cvmpliance Defaul�. Faiiure to comply with any other term, obligation, covenant ar candition contained in this Deed of Trust,the Note�r in any o�the Re�a�ed ❑n�uments. Defaulfi an�#her Payments. Fa�lure�f Trus�o�r within the fiime requir�d hy this Deed �fi Trust�o make any paymen� - �o�-taxes or insurance,or any other payment necessary ta pre�ent fi�ing o�or�o effect discharge afi any lien. False Sta#ements. Any warranty, representation ar s�atemen� made or furnished t❑ Lende�- by Trustvr ❑r on . Trustor's behalf under this Deed of Trust or�he Related ❑acumen�s is false:or misfeading En any materiai respec�, . either nvw or at the time made or furnished or becomes false or misleading at any time thereafter. Defec�i►re Collateralizafiion. This Deed o# Trus� or any of �he Related Documents ceases �v be in fufl �vrce and effect 4Encluding failure ❑f any �ollateral dacument�a �reate a �alid and perfe�fied security in�eres� or lien} at any �ime and for any reason. i lnsvl�en�y. The dtssvlution or termination ❑f Trustor's existence as a going business, the insol�ency o�Trustor, 'the appvintment of a receiWer�or any part of Trus�vr's proper�y, any assignment for th� hene�it o� credi�vrs, any � , type ❑f cr�ditar workout, ❑r the cammencement❑f any prvGeeding under any bankruptcy or insol��n�y laws by ar against Trustor. Credifvr ar For�eifure Proceedings. Commencement ❑f forecfasure or forfeiture praceedings, whether by judi�ial prv�eeding, sel�-he1p, repossession ❑r any vther methvd, by any creditor of Trus��r or by any governmen�a� agency agains� any property securing the lnde�tedness. This includes a garnishment a� any ❑f Trustor's a�counts, including depvsit a��oun�s, with Lender. Hvwe�er, this E�en� o� Default shal� no� app�y i�f�here is a good faith dispu�e by Trustor as t❑the �alidity ar reasonableness ❑f the claim which is the hasis o�the creditor or�vrfeiture prviceeding and if Trustvr gi�es Lend�r written notice of the credi�vr ❑r forfei�ure pro�eeding and deposits with Lender monies or a surety hvnd tvr the creditor❑r forfeiture praceeding, in an amaunt determined by Lender, in its . svle discretian, as being an adequate reser�e❑r bond�vr�he dispu�e. Breach of�ther Agreemen�. Any breach by Trustor under�he�erms ❑f any a�her agreement between Trustor and Lender that is no� remedied within any grace period prvUided therein, in�luding withaut limitation any agreemen� cvn�erning any indeb�edness❑r other obligativn of Trustor�� Lender, whe�her existing now�r later. � Events Affecfiing Guarantvr. Any v�the p�-eceding e�ents ❑ccurs with respec��v any guaran�vr, endorser, surety, ❑r accammvda�ion party o� any ❑��he lndebt�dness ❑r any guarantor, endorser, surety, or a�cvmmodatian party dies ar becomes incompetent, or re�vkes ar disputes the validity ❑�, ❑r liaf�ility under, any Guaran�y o� �he Indebtedness. _ Adverse Change. A materiaf ad�ers� change occurs in Trustor's financial cond��ion, vr Lender be�ieWes the prvspect of payment or,performance a�the indeb�edness is impaired. lnsecurity. Lender in gaod fai�h be[ie�es itsel�insecure. Right to Cure. lf any default, other than a default�n paymen�is �urable and if Trusto�has nv�been giWen a nvtice of a breach❑��he same provision o�this Deed o�Trust within the preceding twel�e {�2} mvn�hs, i�may be cur�d i�F Trustvr, after Lender sends written notice to Trus�o�demanding cure ❑�such default; �'l} cures the de�ault wifih�n fifteen t�5� days; ❑r ��} if the cure requires mare than�ifteen �'�5} days, imm�diately in�tia�es steps v+rhich Lender deems in Lender's sa�e discr�tion ta be sufFicien�to cure the de�aul� and thereafter continues and compEefies all reasvnabEe and necessary steps su�fiE�ient�v prvduce comp�iance as soon as reasonably practical.