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��15��574
<br /> �EEa ��` T��1�T
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<br /> �Con��n��:���} Page 4
<br /> Taxes. The following �ha�! co�stitu�e tax�s fia which this section applies: �'!} a specific tax upar� this type of
<br /> Deed of Trust or upart a�l or any park of�he lnd�btednes� secured b� this Deed ofi T�ust; [2� a speci�ic tax or�
<br /> Trustor which Trustor is authorized �r requir�d to deduct from payments on�he Indebtedness se�ur�d by this type
<br /> �of Deed ❑f Trust; �3} a tax�n this�ype af Deed of Trust c�argea�le against the Lender�r fhe ho[der af the Note;
<br /> and {4} a specific tax�on all ❑r any portion af the Inde�tedness or�n payments of principal and interest made by
<br /> Trustar.
<br /> Subsequent Taxes, If any tax to w�ic� this section applies is en��t�d subsequent to �he date af this De�d of
<br /> Trust, this event shaEl ha�� the same �ffe�� as an E�ent of Defaul�, and Lender may exe�cise any or all of its
<br /> a�ailable remedies far an Event vf Defiault as provided be�ow unless Trustor either �1} pays the fax before it
<br /> b�cornes d�l�nquent, vr �2} contests the tax as provid�d abo�e in th�Tax�es and Liens�ecti�n and�epasits with
<br /> Lender cash�r a sufficient cvrporate�ure�y bond or other security satisfa�tory�ta�ender.
<br /> SEC�RITY AGRE�}��NT; ���,ANCiNG STATEMENTS. The follvwing �pro�isians re[ating t� this.Deed of Trus# as a
<br /> security agreemer�t are a�art❑�this Deed o�Trust:
<br /> 5ecurity Agreement. Th�s ins#rumenfi sha![ canstitufe a Security Agreemenfi to the extent any vf th� Prvperky
<br /> c�nstitutes fixtu��s, and Lender sha�! have aIl af the �igh�s of a s�cur�d party under the Uniforr� Comm�reial Cade
<br /> as amended�ram�ime�o time.
<br /> 5�curi�y Interest. Up�n request by Ler�der, Trus#or shall take whate�er action is requested by Lender to perf'ect
<br /> and eontinu� Lender's security interest in the Persana� Property. In addition tn recording this Deed o�Trust�n the _
<br /> real prop�rty re�ards, Lender may, at any time and withou� fu�ther authorization from Trustor, file executed
<br /> counterparts, copies or r�pradu�tions af this Deed ❑f Trust as a financing s#ater�ent. Trustor shall reirr�burse
<br /> Lender for a[� �xpenses ineurred in perFecting or cantirtuing this security interest. Upon default, Trustor shall nat
<br /> � remo�e, se��r or detach the Pers�nal Property from th� Propert�. Up+on d�fault, Trustor shal! assemble any
<br /> Persanal Property not affixed to the Prope�ty in a manner and at a place reasvnably conven�ent tv Trustor and
<br /> Lender and make it a�a�lable to L�nder within three (3y days after receipt of vvritten demand frvrn Lender to the
<br /> �xten�permitted by app�licable law.
<br /> Addresses. The mailin� addresses of �`rustor �debt�r} and Lender (secured party} �rom which information
<br /> �vncerning the security interest granted by this Deed of Tr�ust rray �� obtained �each as requir�d by the lJniform
<br /> Comrnercia�Code}a�e as stated an�he��rst page of this Deed of Tr�st.
<br /> FURTHER ASSURA[VCE�; �4TT�RNEY-IN-FACT. Th� fv[lowing pro�isian� relating to fur�her assurances and
<br /> attorney-in-fact are a part af fhis Deed vf Trust:
<br /> Further Assurances, At any time, and fr�m time ta time, upon re�quest vf Lender, Trustor wi11 make, execut�and
<br /> deliver, or will cause�o be made, executed ar delivered, to Lender or to Lender's design�e, and wh�n request�d by
<br /> Lender, caus�to be filed, r�corded, refi�ed, or r�record�ed, as#he case may be, at such times and in such office�
<br /> and pla��s a� Lender may deem apprapriate, any and a�� �uch rr�ortgages, deeds o�trust, security deeds, security
<br /> agreements, financing statements, �ontinuation staterr+�n�s, ins�rumen�s of further assurance, certificates, and
<br /> other do�uments a5 may, in th�sal�e apinion of Lender, be necessary vr desirabCe in order to effe�tuate, comp�et�,
<br /> pertec�, cantinue, or preserve �1} Trustor's obligation� under fihe Note, th�s aeed of Trust, and the Related
<br /> C�ocuments, and �2} the iiens and s�curity interests creat�d by this Deed of Trus�on the Prvperty,whether r�aw
<br /> awned or h�ceafter acquired by Trustor. Unless prohibited by law ❑r Lender agrees to t�e contrary in writing,
<br /> Tr�stor shall re�mburse Lender far all costs and expenses �ncurred �n connectivn with the ma�ters re#�rred to in this
<br /> paragraph.
<br /> Att+arne�-in-Fact. If Trustor�ails to do any of the things referred t� in the pre�eding paragraph, Lender may dv so
<br /> �or and in t�e name o�Trus�o�and at Trust�r's expense. For su�h purpo�es, Trusfivr hereby irre�roG�b�y appoints
<br /> Lender as Trustor's atfiorney--i���aet for the purpase a�rnal��r�g,executing, deli�ering,filing, recording, and daing all
<br /> other things as may he necessary or desirable, in Lender's sa�e ❑pinion, to accomplish the matters referred ta in
<br /> the preceding paragraph.
<br /> FULL PERFC]R�IANGE. If Trustor pays all the fndebtedness wh�n due, and othenrvise perfarms all the obligations
<br /> irnposed �upan Trustor und�r this Deed of Trust, Lender shall execute and deiiver to Trustee a reques� fv� full
<br /> reconveyance and sha�l execute and deli��r to T�ustar suitabl�s�atements af terminatian of ariy financing staternen#on
<br /> file ev�dencing Lender's security interes�in the Rents and the Personal Property. An�r recon�eyance fee required by law
<br /> shafl be paid by Trustor, i�permitted by app[icable law.
<br /> EVE�ITS aF DEFAULT. At Lend�r's opt�an, Trustor will be in default under this �]eed of Trust if any o�thre following
<br /> happen:
<br /> Payment❑efault. Trus#or fail�to make any paym�nt when due under the fndebtedn�ss.
<br /> Brea�k �ther Promises. Trustar breaks any promise made �o Lender or fails t❑ pertvrm pramptly af the time and
<br /> strictly in the manner pro��ded in this Deed a�Trust or in any a�greement related ta this Deed of Trust.
<br /> C�mplian�� �efaul#. Failure to eorr7p[y �vith any ather term, obfigation, covenant or cnnditian contained in this
<br /> Deed ot Trust,t�e Na�e�r in any vf the Reiated Documer�ts.
<br /> De�ault on Dther Pa�ments. Faifure of Trustor within the�i�e req�iired by this Deed of Trust to make�ny payment
<br /> for#axes or insurance, �or any other payment necessary t�prevent'#ilin�of or ta effect dischar�e of any Eien.
<br /> Defauit in Favvr of�'hird Par#ies. 5hou[d Grantor default under any [oan, �x�ensivn of credit, securi�y agreement,
<br /> purchase ar sales agreement, �r any oth�r agre�ment, in favor af any oth�r cr�ditar or person that may materially
<br /> affect any of Grantor's property or Grantor's ability t� repay the Ind��tedness or Gran�or's ability ta perform
<br /> �rantar's obligatian�under this Deed of Trust or any of the Related Documen�s.
<br /> False Statements. I�n� representa�ion or staterr��nt made or furnished �o Lender b�Trustor ar�n Trustor's behalf
<br /> under this Deed of Tru�t ar the Related Documen�s is false or misfeading �n any m�teria� �espect, either no�► or at.
<br /> the time made ar furnished.
<br /> Def�cti�e Collateralizat�on. This Deed of Trust or any ofi#he Relat�d Docum�ents �eases �o be ir� ful� force and
<br /> �ffect �including failure of any co�lat�ral docum�nt to create a Wal�d and p�rfe�ted securit� interest❑r Eier�} at any�
<br /> time�nd for any reason, ,
<br /> Death or[n$al��ncy. The dea�h o�Trustor, the insol�er�cy of Trustor,th�appointment vf a recei�er for any part of
<br /> Trustor's property, ar�y assignm�nt for the benefit of creditors, any typ� ❑f creditor workout, or the
<br /> comm�n�ement of any pro�eeding under any bankruptcy or i�solvency Iaws by or against Trustor.
<br /> Taking vf the Property. Any �reditar or go�ernmenta! agen�cy tries to fake any af the Properfy ❑r any other af
<br /> Trustor's property in which Lender has a Iien. This inc[udes #aking of, garnishing af or lev�in� 4n Trustor's
<br /> ac�nun#s �vith l�ender. Howe�er, i�Trusfior disputes in good �faith whether#he claim on whi�h the taking of the
<br /> Proper�y is based is �a[id or reasanable, and if Trustor gi�es Lender written nafice o€ the clairn and furr�ishes
<br /> L�nder with rnonies or a�urety b�nd satisfactory tv Lender tv satisfy the claim,then this defauf�provis�on will nat
<br /> a�pfy.
<br /> Br�ach o#�ther Agreement. An}� breach b�Trustor under the ferms o�any a�her agreement��fin�een Trustor and
<br /> Lend�r tha# is not r�medied wi�hin any grac� periad provided #herein, including wi�hout iimitation any ag�eement
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