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��14�793�
<br /> �EED �F TRLJST
<br /> Loan No: 1�'I�81717 ��ontir�ued} Page �
<br /> Pr�per�y, whe�h�r now awned ar hereafter acquired by Trust�r. Unl�ss prohibited by law nr Lender agr�es to the
<br /> can�rary in writing, Trustar shall reimburse Lender f�r all cos�s and expens�s incurred in connect�on wi�h the
<br /> mat�ers referred to in this paragraph.
<br /> Attorney-in-Fact. If T�ustor fails t❑ d❑ any nf the things �e�erred �� in the preceding paragraph, L�nder may da sa
<br /> for and in the name af Trus�or and at Trus�tar's expense. Far such purposes, Trustar hereby i�-r�eWo�ably appoints
<br /> Lender as Trustor's attarney-in-fact for the purpase of making. �x�cuting, deli�ering, filing, recardin�, and doing all
<br /> other thing� a� may be necessary or �esirabfef in Lender's s�le apinion, to accompl�sh the matters ref�rred �to in
<br /> the preceding paragraph.
<br /> FULL PERF�RIIJIAN�E. if Trustor pays all �he Inde��edn�ss, including without lim�tatinn all future adWances, when due.
<br /> and otherwise p�rforms a�l th� o�iiga�ians imposed upon Trustor under this ❑eed of Trust. Lender shall execute and
<br /> deli�er to Trusfee a request for full recfln�eyance and shall execute and deli�er to Trustor suitable statemen�s vf
<br /> termina�ion of any financing s�atemen� an file evidencing Lender's security inter�st in th� Rents and the Personal
<br /> Property. Any re�anveyance fe�required by law shall be paid by Trustor, if permitted hy applicable law.
<br /> EVENTS OF DEFAULT. Each of the ��IEowin�, at Lender's option, shall constitute an E�en�o�F Default under this De�d
<br /> ❑�Trus�: �
<br /> Paymen�t❑efault, Trustor�a�ls to make any payment wh�n due under�h� Indebtedness.
<br /> ❑ther Defau�ts. Trustar fails �o comply with or t� perform any a�her term, a�ligation, ca�enant �r condition
<br /> contained in this Deed af Trust or in any of th� Re�at�d Documents or to comp�y ►nrith ar tv perform any t�rm,
<br /> ❑bligatian, c��enan�ar�andition cvntained in any other agreement between Lender and Trustor,
<br /> Complian�e Default. Failure �❑ comp�y with any v�her term, obli�ation, coWenant or candition con�ained in this
<br /> aeed of Trust,the N�t�or in any��F the Related Documents.
<br /> Defaul#on�ther Payments. Failure of Trustor within the time required by this D��d vf Trust ta ma�e any payment
<br /> fo�taxes or insurance, or any❑ther payment necessary to pr��en�filing of o�-tv e���ct discharge af any lien.
<br /> False Statemen�s. Any warranty, representation or statement made vr furnished to Lender by Trustor or an
<br /> Trustor's behalf under this ❑eed of Trus� Qr the Rela�ed Documents is false or mis[eading in any mat�rial respect,
<br /> �ith�r now or at the time made or�urnished or bec�mes�Fa[se or misleading at any time�hereaf�er.
<br /> Defe�ti�e Calfateralization. This Deed of Trust or any of th� Related Documents �eases ta be in full foKce and
<br /> effecfi ��nciuding failure of any collateral dvcument to create a �alid and p�rfec�ed security in�eres� ar lisny at any
<br /> �ime and for any reason.
<br /> Death or lnsolvency, The death v�Trustor, the insa�ven�y of Trustor, �he appointment a�a recei�er fvr any par�o�f
<br /> Trustor's property, any assignment �or the ben��it o�f creditors, any �yp� af creditar workQut, or the
<br /> commencem�nt o�F any praceeding under any bank�u�tcy or insolWency laws �y or against Trus�vr,
<br /> Credit�r or Fvrfeitura Pr��eedings. Commencement of foreclosure vr f�rfeiture prn�eedings, whether by judicial
<br /> pr�ceeding, s�lf�help, repossess�an or any vther meth�d, hy any cr�dit�r af Trustor ar by any gvvernmen�a� agency
<br /> against any praperty securing �he lndebtedness. This includes a garnishm�nt af any af Trustor's accaunts,
<br /> inc[uding deposi� accaunts, with Lender. Hawe�er, �his E�ent o� Defauft sha�l nvt apply if th�r� is a good faith
<br /> dispu�e by Trustor as fo the �alidi�y or reasonableness af the claim which is the basis of the creditvr or farfeiture
<br /> praceeding and if Trust�r gi�es Lender written noti�e of the creditor or �Forfiei�ure pr�ceeding and deposits wi�th
<br /> Lender m�nies nr a surety bond for the cr�ditor or forfeiture proce�ding, in an amaunt determinet� by Lender, in its
<br /> sole discretion, as being an adequate reser��or b�nd far the dispute.
<br /> Breach of Other Agreement. Any breach by Trustor under the t�rms vf any other agreement b�tween Trus�or and
<br /> Lender that �s no� remedied wi�thin any grace period provided therein, including without IEmftatian any agr��ment
<br /> conc�rning an}��ndebtedness or�ther�bliga�ion of Trus�or�o Lend�r, whe�her�xisting now or later.
<br /> Events Affecting Guaran�or. Any of th� preceding events oc�urs wi�h respect to any guarant�r, endorser, surety�
<br /> ar a�commodat3an party �f any a�f the �ndebtedness or any guarantor, endorser, surety. or accommodation party
<br /> dies or becames incompetent, or re�okes flr disputes the �ralidity of, or liabili�y under, any �uaran�y �f th�
<br /> Indebtedness.
<br /> Ad�erse Change. A m�at�rial ad�ers�: chan�e occurs in Trustor's financia[ c�nditifln, o� Lender foelieves the
<br /> prospect af paymen�ar perfarmance of the Indebtedness is imp�aired.
<br /> Inse�urity. L�nder in gaod fiaith�elie�es itself insecure.
<br /> Exis�ing tndebfiedness. The payment a�any installment of prinCipal ar any interest an the Existing Indebtedness is
<br /> not made v►rithin�he time required by the pram€ss�ry note evidencing su�h indebt��ness, or a default occurs under
<br /> the instrument securing su�h indebtedness and is n��t cured during any applicable grace period in su�h instrument,
<br /> ar any suit ar vther activn is comm�nced t�fvreclo��any exis#ing lien❑n the Proper�y.
<br /> R�ght ta �ure. l�any default, other than a de�ault in payment is curable and i�Trustor has not been given a notice
<br /> of a brea�h o�the same prv�ision af this Deed vf Trust wi�hin the precedin�twe��e �12} months, it rnay be cu�ed if
<br /> Trustor, after Lender sends written nati�e ta Trus�vr deman��n� �ure of such d�fault: {1 y cures �th� defaul�within
<br /> �ifteen �15� days; or �2� if the cure requires more than fifteen �15; days, imm�dtat�ly in�tiates steps which Lender
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