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<br /> � DEED �F �F�UST
<br /> = Lvan Na: 773��7 7�� ��ot7ti�7tx�d} Page 4
<br /> incurred by Trustee or Lender in connect�vn with the candemnation.
<br /> I1VIP�SI�IaN OF TA�lES. FEES A.ND CHAF�GES BY G�VE�NMENTAL AUTH�RITEES. Th� �rollawing pro�is�vns r�[ating
<br /> to governmenta!ta�ces,fees and charges are a part of this�eed v�Trust:
<br /> Current T�xes, F�es and �harges. Upon request �y Lend�r, Trustor shall ���cute such documents in additian ta
<br /> this Deed o�Trust and tak��nrhateue�other action is requested by Lender tQ per#ect and continus Lender=s fien on
<br /> the Real Prvperty. Trustor sha�l reimburse Lender for a�! ta�es, as described below, together }rvith aII expenses
<br /> incurred in recvrding, per�ecting v� conti.nuing th:s Deed of T�ust, in�luding rrvithou� �imitatEan a!I ta�€es, fees,
<br /> documentar'y stamps, and other char�es�or recarding or�egistering this Deed of Trust.
<br /> Taxes, The foilowing shall consti�u�e �axes to which this sectian applies: ��} a specific tax upon this type of
<br /> I]eed v�Trust or upon aii vr any par� o�the Indebtedness secured by this Deed of Trust; {2} a specific �ax vn
<br /> 6orrower wh�ch g�rrower is au�horized or required to deduct from payments vn the lnd�bt�dn�ss secured by�his
<br /> � type o�Deed of Trust; �3} a tax vn this�ype o�Deed af Trust�hargeable against the Lender or the ho�de�of�F�e
<br /> Note; �nd �4} a specEf�c tax on ali or an� portion of the lndebt�dness or vn payments of prin�ipa[ and interest
<br /> mad�by Borrvwer.
<br /> Subsequent �axes. lf any tax to which this section applies is en,ac�ed subsequen� to the date of this ❑eed o�
<br /> Trust, this even� shal! ha�e th� same e�ffect as an E�en� of Default, and Lender may exer�ise any or all of i�s
<br /> a�ailable remedies �Fvr an E�ent of De�Fau1� as pra�ided below unless Trustor �ith�r �7} pays �he tax be�ore it
<br /> becomes delinquent, or ��� confiests the�a�e�s pro�ided abo�e in the Taxes and Liens sec�ion and depos�ts with
<br /> Lender cash vr a sufficien�corporate sure�y bond v�vther secur�ty satisfa�tvey ta Lender.
<br /> �ECU�I�� AL�REE111IENT: FINANCING STATEMENTS. The follawing pro�isions reia�ing to thEs Deed ot T�ust as a
<br /> sec�rity agreem�nt are a part of�his Deed of Trust:
<br /> ' Secua��ty A�reemen�. This instrument sha�� constitute a 5ecurity Agreement to the extent any of the Property
<br /> constitutes fixtu�es, and Lender sha�� have a!I of the rights flf a secured parry under the Uniform Commer�ial Code
<br /> as am�nded fram time tv time.
<br /> ��cur�ty [nter�s�. Upon request by Lender, Trus�or shafl take whate�er action is requested by Lender tv per�ect
<br /> . and �vntinue Lender's s�curi�y interest in �he Persona! Proper�y. �n addi�tion tv recvrd�ng this Deed of Trust in th�
<br /> �ea� prop�rty records, Lender may, at any �irrse and without fur�her authori�afiivn from Trustor, file executed
<br /> Cvunterpartsf copie�s vr reproductiv,ns of -�his Deed v# Trus.� as a financing statemen�. Trustor shai[ reimburse
<br /> Lender for all expenses �ncurred in p�rf�c�ting or continuing this securi�ty interes�r. l]pon defau�t, Trus�vr shall no�
<br /> remave, sever or detach fihe Personal Prvper�y from �he Property. lJpon defauI�, Trus�or sha�l assemhle any
<br /> Personal Property nat affixed ta the Prope��y in a r�anner and at a place reasonahly conWenient tv Trustor and
<br /> Lender and make �t ava��able to Lender v►rithin three �3� days after receipt of wri�ten demand from Lender to the
<br /> exten�permi�ted by applicable Iav►r.
<br /> Addresses. Th� mailing addresses of Trustor �deb�or� and Lender tsecured par�y� frorn which informati�n
<br /> concerning the security infierest gran�ed by this Deed of Trust may be obtained �ea�h as required by the Uniform
<br /> Commercial Code} are as stated on the first page of this Deed o�Trust.
<br /> FURTHER ASSURAN�FS; AT�DRNEY-IN-FACT. The �ol�owing pra�isions relating tv furt�er assu�-ances and
<br /> attorney-in=fact a�e a part af this Deed o�T�ust:
<br /> Fu�ther Assurances. Afi any�ime, and �fro�a time to time, upon request of Lender, Trustor wi�f make, execute and
<br /> deEi�er, or v►rill caus��a be made, executed or deli�ered, �o Lender or�o Lender's designee, and when requested by
<br /> Lender, cause to be �iled, recarded, re����d, or rerecorded, as �he �ase may be, at such times and �n such offices
<br /> and pEaces as Lender may deem appropriate, any and a!! such mortgages, deeds o�trust, security deeds, security
<br /> agreemen�s, financing statements, �ont�nuation statements, �nstruments vf further assuran�e, c�rti�icates, and
<br /> other documents as may, in the sole opinion of Lender, be necessary or desirable in order to e��ectuate, comple�te,
<br /> perfeet, continu�, or preser�e ��} Borrower's and Trus�or's o.biigations under the No�e, this Deed o.�Trust, and
<br /> the Rela�ed D�cuments, and ��.} the �iens and secu.ri�y inte�ests created by this Deed of Trust as �irst and prior
<br /> Iiens on the Property, whether now awned ar hereafter acquired by Trustor. Unless prohi�ited by Iaw or Lender
<br /> a�rees�o �he contrary in writing, Trustor shali reimburse Lender for all costs and expenses incurred in cvnn�ctivn
<br /> with the mat�ers re�erred tv in th'is paragraph.
<br /> Attorney-in-�act. If T�ustor�ails�ko do any vf the�hings re�erred ta in the preceding paragraph, Lender may do so
<br /> for and in the nam� of Trustor and at Trustor`s expense. For such pu�pvses, Trustor hereby irre�ocahly appoints
<br /> Lender as Trus�tor's attvrney-in-�act for�he purpose v� making, exe�u�ing. deiivering, �i[�ng, recvrding, and doing a[[
<br /> o�her things as may be n�cessary or desira�le, in Lender's sol� apinion, to accomplish the matters re�erred to in
<br /> the preceding paragraph.
<br /> FULL �'ERF�RMANCE. 1� Borrawer and Trustvr pay a!I �he �ndebtsdness when due, and Trustvr otherwise p�r�orms all
<br /> the obligations imp�sed upan Trus�or under this Deed of Trust, Lender shall�xecute and def���r to Trus�ee a request for
<br /> full rec�n�eyance and shall execute and deliver�o Trus�or suitab�e statements of termination af any financing statement
<br /> on �ile e�iden�ing Lender's security interest in�he Rents and th� Pe�sonal Praperty. Any r�conveyance fee r�qui�ed by
<br /> law shall be paid hy Trustor, i�p�rmitt�d E�y app�icable law.
<br /> EVEN�S DF ❑lEFAUL�. At Lender's option, Trust�r will b� in de�au�t under this �eed of Trust i� any af the following
<br /> happen:
<br /> Payment De�ault: Bo�rower�ails to make a,ny payment when due under fihe Indebtedness.
<br /> Break�ther Promises. Bvrrower or Trustvr breaks any prvmise m�de tv Lsnder o�-�ai�s to per�Form prompt[y at the
<br /> time and strictly in the manner prv�ided in this Deed vf Trust or in any agreement relat�d to th�s D�ed o�Trust.
<br /> Cvrr�pliance Defau�t. Fai[ure to comply with any v�her term, obligation. co�enant or conditio:n contained �n th�s
<br /> Deed of Trust,the No�e or in any o#the [�elated Documents.
<br /> Default vn �the�r P�yments. Failure�f Trustor wi�hin the time �-equired �y this Deed v�Trust to make any payment
<br /> #o.r taxes vr insurance, ar any other payr�en�necessar�to pre�ent fi�ing of or to efFect discharge of any[ien.
<br /> Default in Fa�o� of Third Parties. Should gprrower or any Grantvr de�ault under any Ivan, extensian vf credit,
<br /> s�c�rity agreem�nt. purchase or sales agreement, or any o�her agreement, in �a�or of any vther creditvr or persvn
<br /> that may �naterially affect any o� Barrower's or any Grantor's property or Bvrrow�r's abi[ity tv ��pay the
<br /> [ndebtedness or Borrower's or Grantar's abi�ity to perform their respecti�e vbf�gatiflns und�r this Deed of Trusfi o�
<br /> any o�the Related Documents,
<br /> False 5tatem��nts. Any representation or s�ate;ment made or furnished to Lender by Bvrrower or �rustvr vr on
<br /> Bo��ower's or Trustor's beha[f under this Deed o�f Tr�st v.r the Relafied Documents is �alse or misleadi.ng in any
<br /> materi�! respect, �ither now vr a�t the time made or furnished.
<br /> Defe�ti�e �ol�a�e�al�z�t�on. This �3eed v� Trust or any o� the Related Documen�s cea�ses to be in full force a.nd
<br /> �fFect {�ncludi;ng failure af any cv�lateral dvcument tv create a �alid and perfected security interes� or lie.n} at any
<br /> t�me and�or any reason.
<br /> Death�r�nsolWency. �fhe death of garrower or Trustor. �he ins����ncy vf Borrvwer or Trustor, fihe appointment of
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