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��15��44� . � DEEC� �F TRUST Lvan No; 'l��2�25�3 �Gant�nued} Page 6 Lender as Trustor's attorney--in--�ac�fivr fihe purpose ❑f making, execu�ing, de��ering, filing, recarding, and doing aI� other fihings as may be necessary ❑r desirable, in Lender's sale opini�n, �a accomplish the ma�tters referr-ed �o in �he preceding paragraph. � FULL PERFDRMANCE. lf gorrower and Trustor pay all the indebfiedn�ss, inc[uding wi�hou� limitafiivn all future ' ad�ances, when due, and Trustor❑therwise performs all�he ❑bliga�ions smpvsed upon Trustor under this ❑eed o�Trus�, Lender shall execu�e and deli�er fio Trustee a reques� �fo�- �ul! recon�eyance and shall execute and deli�er t� Tr-usfivr suifiable sta�emen�s o�terminafiian ❑f any �inan�ing sfiafiement ❑n�i�e evid�n�ing Lender's security interes� in the Rents and the Persona� Prvperty. Any recon�eyance �ee required hy �aw shall be paid by Trustvr, if permitted by applicabl� �aw. EVENTS �F DEFAULT. Each of fihe fa�[vwing, at Lender's option, shall cons�itu�e an E�enfi a� Defau�t under this Deed ❑f Trus�: Paymen�Defaul�. gorrawer fails fio make any paymen�when due under the lnde��edness. �fiher Defauffis. 6orrower ❑r Trustor fails �o comply w��h or t❑ per�arm any vther- term, abligatian, ca�enant ❑r cand�tivn canta�ned in this Deed ❑f Trus'� ❑r in any o��the Related Documen�s ar�o camply with ar fio per�orm any �kerm, obliga�ian, cov�nan�or condition �ontained in any�ther agreemen�hefiween Lender and Borrower or Trustor. � Com�fiance De�aulfi. Fai�ure to comp�y with any ❑ther �erm, obliga�ion, cvWenant or condi�ion cantained in this ❑eed ofi Trus�,�he Nafie vr in any vf fihe Related Documents. ❑e�aul�vn D�her Payments. Failure of Trustor wi�hin the�ime required by th�s ❑eed ❑f Trust�a make any payment fvr fiaxes❑r insurance, o�any❑ther payment necessary fi❑ pre�enfi filing of or�a e��ect discharge v�any lien. False 5tatements. Any warran�ty, represen�ation or statement made or�urnished�o Lende�-by Borr�wer or Trus�or ar on Borrower's vr Trustar's �ehalt under th�s ❑eed af Trust o�-the Related Dacuments is fialse ar mislead�ng in , any ma�erial respec�, ei�her naw ar at the �ime made ❑r furnished vr 1�ecames �a�se or misleading a� any �ime thereafter. , i3efecti�e Co!lateraCiza�ivn. This Deed ❑�f Trus� ❑r any of �khe Relat�d ❑ocumen�s ceases t❑ b� in full force and effec� {including failure vf any col�ateral dv�ument ta �reate a �alid and p�rfected security interest or lien} a� any time and far any reason, Dea�h ❑r lnsal►rency. The disso�ution ❑r�erminatian of Borrawer's or Trustor's existen�e as a going business, �he inso��ency a� Borrawer ❑r Trustor, the appointment v� a recei�er for any part vfi Sorrower's or Trustor's proper�y, any assignmen�far fihe benefit of creditors, any type of creditor war�aut, ❑r�he commencemen�a�F any proceedin� under any bank�upt�y or inso[�ency Iaws by or against gorrvwer or Trus�vr. Credi�ar vr Fvr�eiture Proceedings. Cvmmencem�n� of foreclasure ar forfeiture proc�edings, whether by judicial proceeding, self-help, rep�ssession ❑r any ather mefihod, by any credi�ar ❑f gorrvwer ❑r Trustvr �r by any ga�ernmental agency against any praperty securing �he Endebtedness. This includes a garnishment af any af Borrvwer's or Trusfior's a��ounts, in�luding depasi� accaunts, with Lender. Hawever, fihis E�ent of De�ault shafl not apply i#�here is a good faith d�spu�e f�y Borrower ❑r Trustar as to the �alidity or �easvnableness ❑��he claim which is�he basis vf�he creditor vr for�e�ture praceeding and if Borrower or Trustor giWes Lender written nat�ce vf �he credi�or❑r fo�fe�tur� proceeding and deposits wi�h Lende�monies ar a sure�y band fnr�he �reditor or�orfeiture prviceeding, in an amoun�de�erm�ned by Lender, in ifis sole dis�retian, as bein� an adequa�e �eser�e or b�nd far�he dispute. Breach of�ther Agreement. Any br�a�h by Bor�-ower vr Trus�or under the�erms o�any❑�her agreement be�ween Barrawer vr T�ustor and Lender tha� is nvt remedied w�thin any grace perfad pra�ided therein, includin� without E�mitatian any a�reemenfi �vncerning any indebtedness ❑r o�kher obliga�ion ❑f Borrowe�- or Trus�or �o Lender, whether ex�s��ng now❑r lat�r. Events AfEect�ng Guarantvr. Any o�fihe preceding even�s accurs wi�h respe��tfl any guaran�or, endo�ser, surety, ❑r accommodation party of any of�he indebtedness vr any guarantor, endvrser, surety, ❑r accommadation party dies or hecomes incompetent, ❑r revokes ar disputes the �alidity �f, or [iabili�y under, any Guaran�ty ❑f th� fndebtedness. Adverse Change. A material ,ad�erse change ❑ccurs in gorrvwer's or Trustor's financia� condi�ian, ❑r Lender belie�es the prospect vf payment o�-perfvrmance o��he lndebtedness is impaired. lnsecuri�y. Lender in good�aith befieves i�self insecure. Righ�#o Cure. lf any defa�l�, other�han a default in payment is curable and if Trus�vr has not been gi�en a no�ice of a breach❑�fihe same pro�ision vf fihis Deed ❑f Trust within�he preceding�wel�e ��} months, i�may b�cured if Trus�or, afker Lender sends writ�ten no�ic� ta Borrower demanding cure ❑f such de�ault: t�} cures the default � . wifihin fiifteen �'!5} days; or {2} ifi the cure requires mare�han fifteen ��5} days, immedia�e�y ini�ia-kes steps which Lender deems in Lender's so�e dis�re�ivn fi❑ be sufficient fio cure the defaul� and thereafter con�inues and completes all reasvnable and necessary s�eps su#ficien�to produce compliance as saan as reasvnahly prac�ica�. RIGHTS AN�] REMEDIES ❑N DEFAULT. if an E�ent o�Defaul�❑c�urs unde��h�s Deed o�Trus�, a� any time thereafter, � Trus�ee❑r Lender may exercise any❑ne or more vf�he following rights and remed�es: