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��15��443 � . �3EED �F TRUST L�an No: 7��8�46� �Continued} Pag� � cvntrary in writing, Trus�or shall reimburse Lend�r �or all �osts and expensss incurred in Gvnnection with the mat�ers re�Ferred to in this paragraph. Attorney�in-Fa�#. I�Trus�or faiis to da any of�he things referr�d to in th� preceding paragraph, Lender may do so �or and in the name o�Trustor and at Trustor's expense. F�r su�h purposes,-Trustor hereby irr��ocabiy appoints • Lender as Trusfior's a�torney-in-fac�for the purpose af making, executing, de�i�ering, fi[ing, recording, and daing all ❑�her things as may be necessary ❑r desirable, in L�nder's sale apinion, ta accomplish the ma�ters re�erred ta in �he prsceding paragraph. � � FULL PERF�RIIJIANCE. �f Trus�or pays all the lndebtedness, including without[imitation a11 fu�ure ad�ances, when due� - and otherwise performs all the abliga�ions imposed upan Trustor under this Deed of Trust, Lender shall execute and deliWer tv Trus�ee a �equest for �Full recan��yance and sha[l execute and deli�er to Trus�or sui-tabf e sfiafiements ❑�f t�rmination ❑fi any financing sfiafiemen� on file eWidencing Lender's security int�rest in the Rents and the Persona[ Proper�y. Any recon�eyance fee required by law shall be paid by Trustvr, if permitted by applicabl� law. EVENTS �F DEFAIJLT. Each a-F the tol�awing, at Lender's opfiion, shaEl c�nstitute an E�en�o� ❑e�ault under#his Deed . vt Trus�: Payment Defau��. Trus�vr�Fai�s�o make any paymenfi when du� under#he indebtedness. ti �ther Detaul�s. Trus�ar �ails to c�mp[y wifih ❑r ta per�orm any other term, ❑bliga�ion, co�enant ❑r condition ; con�ained in this Deed o� Trus�t vr in any vf the Related ❑��uments or fio comply with ❑r to perform any �erm, abligation, ca�enant or condi�ion confiained in any other agreement between Lender and Trustor. Cvmpliance Defaul�. Failure to comply with any otl�er �erm, obiigati�n, ��enant or �anditian canfiained in �hf5 ❑��d of Trus�,the Note ar in any of the Related ❑acuments. Default on �#her Payments. Failure ot Trus'tor within fihe time required by this Deed of Trus�to make any payment for taxes or insurance, or any other paymen�necessary to pre�en�filing ❑-F or fio ef�ec�discharge fl�-any lien. � : Fa�s� S#afiemen#s. Any warranty, represen�ation or sta�ement made or furnished to Lender by Trustar or an Trus�or's behal� under this Deed �f Trust vr the Related Dvcumen�s is ta[s� ar misleading in any materia� r�specfi, , either now❑r at the time made�r furnished�r becomes false or misleading a�any time thereafter. De#ective Calla�eralization. This Deed ❑f Trust or any of the Related Documen�s ceases to be in �ulf force and eff�c� �including �ailure af any collateral do�ument to crea�e a valid and perfected security interest or �ien� at any time and for any reason. Dea�h ar InsoEvency. The death ❑f Trus�or, the insal�ency ofi Trustor, the appain�ment❑f a recei�er far any part❑f Trus�or's proper�y, any assignmenfi #vr the benefit o� cr�ditars, any �yp� o� �redi�or workout, vr the commencement❑f any proceeding under any bankruptcy or insol�en�y laws by or against Trus��r. , Creditar or Fvrfeifiure Proceedings. Commencemen� af foreclosure ❑r �or�eiture pr�ceedings, whether by judicial proceeding, self--help, repossession or any o�h�r mefihvd, by any�reditar of Trustor vr by any go�ernmental agency against any property securEng the indebtedness. This includes a garnishment of any ❑� Trus�or's accounfis, including depvsit accounts, with Lender. Howe�er, #his EWent ❑f Default shall not apply i� there is a good faith dispu�e by Trus�or as �❑ the �a[idity or reasonak�leness o�the cEaim which is the basis of th� creditfl� or �for�eiture proceeding and i� Trustar gi�es Lender wri�ten notice ❑� �he credifior ❑r farfeitur� proceeding and deposi�s with Lender monies or a sure�y bond fvr the credifior❑r�or�ei�ure praceeding, �n an amount de�ermined by Lender, in its saie discretion. as being an adequa�e reser�e❑r�ond�ar fihe dispute. Breach of�ther Agreemen#. Any breach by Trustor under the terms ❑f any o�her agreement between Trustor and Lender that is not remedied within any graee period pra�ided therein, inc[uding wifihout limi�a�ian any agreement concerning any indeb�edness or other❑b�igation of Trus��r ta Lend�r, whethe�existing naw ar later. Events Affecting Guarantnr. Any ❑�the preceding e��nts occurs with respec��❑ any guarantor, endorser, surety, or accammodation party of any ❑f �he Indebtedness or any guarantvr, endorser, sure�y, ar accammodatian par�y dies or be�omes incvmpetent, or re�okes ❑r disp�tes the �alidity of, or Iiabi�ity under, any �uaranty ❑f the Indebtedness. Adverse Change. A materiaf ad�erse change occurs sn Trustor's financial condition, flr Lender belie�es the prvspec�o�payment or per�vrmance o�fihe Indebtedn�ss is impair�d. Inse�urity. Lender in good fai�h be�ie�es i�se�f insecure. � � � Righ�to CurQ. If any de�auifi, other than a de�Fau��in payment Es curable and if Trus�ar has nofi been gi�en a notice ❑f a br�ach vf�he same prn�ision o��his ❑eed of Trus�wi�hin the precedin��wel�e �12y months, it may be cured if Trustor, after Lender sends writ�en noti�e to Trustor demanding cure o�such defaul�: ��} cures the default within �i��een t 15� days; ❑r {�� if�he cure requ�res mor�than fifteen {15y days, immedia�ely inifiiates steps which Lender deems in Lender's saie dis�r�tion to be su�ftcienfi to cure �he de�auit and thereafter continues and comp�etes all reasanab�e and necessary steps sufficient fi❑ produce comp�iance as s�on as reasanab[y pra�ticaE. RIGHTS AND REN[ED�ES ON ❑EFAULT, If an E�ent ❑f Default occurs under this Deed of Trus�, a� any�ime thereafter, Trus�ee ar Lender may exer�ise any❑ne or more ❑#the foiiowing rights and remedies: � Acceleration Upon Default;Additional Remedies. E�F any E�en�vfi De�auEt❑ccurs as per the terms vt the Nv�e