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��15�1417
<br /> D�ED �� T'�U��'.
<br /> . ..N.. ' .'. .
<br /> �CD���n u�ed} Page �
<br /> T�xes, The fo��vv�ing �h��! consti�ute taxes to whicF� #his sec�ion applies: �'�} a specifi� tax upon thi� type of
<br /> ❑eed a�Trus�❑r upon all ❑r�ny part nf�he Indebtedness secured by this ❑e�ed n�T�us�� �2} a specific tax on
<br /> Trus#ar whi�h Trus#or is au#horized ar required to d�duct fr�m paymenfis on the lnd�btedness secur�d by fhis type.
<br /> vf Qeed o�Trust; �3} a�ax on this type of�eed of Trust chargeabfe against fhe Lender or fh�ho�der of�he fVote;
<br /> and t4} a specific#ax�an al[ ❑r any parfivn af t�e �ndeb�edn�ss or an paymen�s a�principaf and interesfi made by
<br /> Trust�r.
<br /> 5ubsequenf Ta�ces. �f any �ax tn which thi� section applies is enacted subsequen� �o #he date o�this Deed of
<br /> Trust, this e�ent shall have �he same e�fec� as an E��nf of Qefauit, and Lend�er may ��ercise any ar all v� i��
<br /> a�ailab�e remedies for an Ev�r�f of Default as pro�ided belaw unless Trustor either �'I} pays �he �ax befvr� if
<br /> becomes del�nquen�, or t2� �ontests the�ax as pravided above i� �he Taxes and Liens sec�ion and deposits with
<br /> Ler�der cash or a sufficient corporate surety bond❑r��her s�curit�s��isfactory to Lender.
<br /> SECLJRCTY AGREI���#ENT; FfNANCdNG STATE�ENTS. The fallowing pro�isi�ns relating �a fhis Deed o� Trust as a
<br /> security agreemen�are�part o�this Qeed o�Trust:
<br /> Security Agreement. This instrument shail c�ansti�ute a Securifiy Agreement to the extent any of �he Property
<br /> con�tifutes fixfiures, an� Lender shall have alf of�h�rights of a se�ured party under�he[Jni#�rm Corr�+mercial Code
<br /> as amended from time�o time.
<br /> Security Interest. lJ�pon requ�st by L�nder, Trus�or shall #ake whate�er action is reques��d by Lender fo pe�'ect
<br /> and cvntinue Lender's se�urify interest in the Personal Properky. In addition tv re�ording thi� Deed of Trus�in the
<br /> real property re�ords, Lende� may, at any time and withou� further authoriza�ion firom Trustor, file executed
<br /> �ounterparfis, copi�s vr repraduct�vns of #his Deed o� Trust as a �inancing sfa��ment. Trustvr sha11 reimburse
<br /> Lender fvr all expenses incurred in per�e�ting or cvntinuing �hi� security interest, Upon defau��, Trus�or shal� nat
<br /> remo�e, se�er ❑r detach the Personal �roper�y �ram the Prope�#y: Upon defa�rl�, Trus�vr shal! as�embfe any
<br /> Personal Property not �f€ixed ta the Property in a manner and at a �lace reasonably can�enien� tv Trusfior and
<br /> Lender and ma�Ce tt availabl� �#o Lender within three {3} days after receipt vf vv�-itten d�mand from L�nde�-to the
<br /> e�ten�permitted by appl�cab�e lauv.
<br /> Addresses. The mai[ing addresses af Trus�vr �deb�or� and Lender (secured partv3 fram whi�h informa�ivn
<br /> con��rning the se�uri#y infie��st granted b�this ❑eed af Trust may �e ob�ained (each as required by the Lin�f�rm
<br /> C�ommercial Code}are as stafied on#he fi rsfi page Qf th is Deed of Trus�.
<br /> FIIRTHER ASStJRANCES; ATT�RNEY-iN-FACT. The f�llowing pro�isions relating �o further assurances and
<br /> attvrney-in-fact are a par�of this Deed of�"rust:
<br /> FurthQr Assurances. A#any time, and frvm�ime ta time, uporr requ�st of Lender, Trus�ar rivill rr-tiake, execute and
<br /> deli�er,�r wilf ca�se tv be made,executed or deliyered, �a L�nder or tv Lender's designee,and when reques��d by
<br /> Lender, cause to �e filed, record�d, refiled, ❑r rer�carded, as�he case may be, at such times and in such offices
<br /> and places as Lender nnay deem appropri�te, �ny and all such mortgages, deeds of trus#, security deeds, s��urity
<br /> agreem�n�s, financing s�atements, con�inua�ion sta�ernenfis, insfrum�nts Q� further assuranc�, ce�ifica�es, an�
<br /> a�her docu�nent�as may, in the sole opinion of Lender, be necessary or desirable ir�order to efFectuafe, camplete,
<br /> per�e�t, continue, or prese�e �'�} Tru�tor's abfiga�ions under �he Note, �his Deed �t Trust, and f{�e Related
<br /> C7�cuments, and �2� the liens and securi#y interesfis created by#his Deed vf Trusfi as first and pr'rar liens on�he
<br /> Property, whe�her nvw owned vr h�rea��er acqu�red by�Trus�or. t�n[ess p�ahibited by Eaw❑r Lend�r agr�es��the
<br /> con�trary in writing, Trust�r shall reirnburse Lender� for �Il C05�5 and e�cpenses incurred in cannec�i�n with fihe
<br /> matters referred�o in this paragraph.
<br /> At�orney-in-Fac#. �f Trus�or fails fa da any o�the things referred to in th�preceding paragraph, Lender n7ay do sv
<br /> for and in fihe name af Tru�t�r and at Trus#or's expens�. For such purposes, Trustar hereby ir�e�o�ably appo�nts
<br /> Lende�a�T'�u�tor's af#orney-in-fact fvr the purpase af rnaking,executing, deli��ring, f�ing, r�ecarding, and dving all
<br /> other fihings as may �e n��essary or desirabfe, in Lend�r'� sole npinion, tn ac�omplish �he mat�ers referred to i€�
<br /> #he pre�eding paragr�ph.
<br /> F�LL PERF�R�ANCE. �f Trustar pay� alE t�e Indehtedness when due, and atherwis� per€orms all the abl�gatian�
<br /> imposed upan Trus#or under this ❑ee� of Trust, Lender shall execute and deli�er tv Trustee a request �ar ful�
<br /> recon�eyan��and shall exe�u�e and defi�er to Trustor suitab�e s�atements af�errr��nation of any financi�g statemer�t on
<br /> file e�i�encirtg Ler�der's security interest in the Ren�s and�he Persona� Property. Any recon��yance fee required by law
<br /> sha[I be pa�d by Trustvr, if permitted by appiicable law.
<br /> EVENTS C�F ❑EFA�LT. ►At �ender's op��vn, Tr�stor v�ri�l be �n defauit unde�this D�ed o�Trust +f any of the following
<br /> happen:
<br /> Payment Qe��aul�. Trustor tai�s tv make an�payment when due under the Indebtedness.
<br /> Break �ther Pramises, Trusta� breaks any promise made to Lender or�ails tv perf�rm pr�rnptly at the time and
<br /> strictly in�he manner pra�ided in�his❑eed❑f T�ust vr�n an��greem�nt re�ated to�his Deed af Trus�.
<br /> Cvmpliance De�Fault. Failure to compfy v��th any ather term, obCigation, �a�er�an� �r �onditi�n contained in �his
<br /> Qeed of Tr��st,th��Note ar in any❑f the Related Dvcum�nfs.
<br /> ❑efault an�ther Paymer�ts. Failure af Trus�ar within the��me rea�uir�d by�his Deed of Trusf to make�ny payment
<br /> fvr tax�s or insurance,or any vther payment necessar-y ta pr�vent f�ing a�ar to ef�Fect dis�harge of any lien.
<br /> De�aulf in Fa►►ar of Third Parties. Sf�auld G�antor default und�r any Ioan, ex�ension vt credi�, security agreement,
<br /> purchase vr sal�s agresment, �r�ny vth�er agreem�nt, �n fa�or❑f any vfher credit�r or person that may ma#erial[y
<br /> a�f+ect any o� Gran��r's praper�y Qr �ran�or's ability �o repay the Ind�btedness or Grantor`s abslity to per�orm
<br /> �ran�ar's�ob�igations under this�eed o�Tr+�sfi or any af the Rel�ted Documents.
<br /> Fa�se S�afements. Any repr�sentativn ❑r sta�emen�made�r furnisned to Lender by Tr�s�ar or vn Trus�or'�behalf
<br /> under this D�ed o�Trust or fhe Related Documents is false ❑r r�iisfeading in an�materi�i respec�, �ither now�r at
<br /> �he#ime ma�e or furni�hed.
<br /> Defecfii�re �nilateralizatian. This De�d nf Trust or any ��the Related Documents c�eases ta be in full force and
<br /> e�Fec� �including �aifure of any��fla�era� document�o �r�ate a �a�id and perfeet�d security intere��or lien} a#any
<br /> �ime and fvr any reason.
<br /> Death nr�nso�u+�ncy, The dea#h of Trustor,#he insol��ency af Trustvr,fhe appointment vf a re�ei�er fvr any part af
<br /> Trustor's property, any as�ignmen� fvr the �ene�it o� creditors, any type o� �reditor rrvvrkaut, ❑r the
<br /> commeneement o�any pro�eedEng under any bankrup��y❑r inso���ncy laws by�r against Trus#or.
<br /> Taking of the Property. Any creditar or go�ernmenta� agenc� tries to �ake a�y v�the Prop�rky vr any other of
<br /> Trustvr's prvperty 6n whi�h Lender has � lien. Thfs includes �aking of, garnishing of ar lewyin� vn Trust�r's
<br /> ac�ounts ►in�ith Lende�. However, if Trusfiv�disputes in g�ad faith whether#he elaim ❑n ►�vhieh the taking vf�he
<br /> Property is based is �alid flr reasonabl�, and if T'rustar �i�es Lender wri�ten n�tice of th� �faim and furnishes
<br /> L�nd�r w�t� monies❑r a surety bond safiisfacfiory to Lender�o safisfy th�c[aim, then this def�+uit pr-ovision w}il1 n�t
<br /> apply.
<br /> Br�ach of Dfher Agreemen�. Any brea�h by Trus#or under the#erms a�any oth�r agr�emenf betwe�n Tru�tar and
<br /> Lender tha� is not remed�ed wi�hin any grace per�vd pravided fiherein, including wifhout limitation �ny agreement
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