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��15�1415
<br /> � D���] �� �'�U��T
<br /> ��D���rl u���} Page 4
<br /> D�ed of Trust Qr upora aIl �r any part af�he Ind�h�edn�ss secured h��his Deed �f Trust; �2} a specific tax vn.
<br /> Trus�or which Trustor i�authorizea ar required�o deduc���om payments vn the Indebtedness se�ured by�his type
<br /> af Deed o�F Trust; t3} a tax on this type of�eed of Trust chargeable against�he L�nder vr t�e holder o�the Note;
<br /> and �4� a specific tax on all or any p��tion af�he Indehtedness vr an payrnen#s of princ�pal and inferes�made by
<br /> Trustor.
<br /> 5ubs�quen� Ta�ces. If an� fax to whi�h this section app[ies is er�acted �ubsequenfi to �he date of this Deed af
<br /> Trust, �hi� e�ent shall ha�e �he same effe�t as an E�en� �f ❑efau�f, and Lender may exercise an� ❑r all af its
<br /> �avaiiable re�edies f�r an Event a� ❑efault as pra��ded below unless Trustor e�ther {�I} pays the tax before it
<br /> becames delinquent, or ��} can�est��he tax as pravided abv�e in �he Taxes and Liens section and dep�sits wEth
<br /> L�nder�ash vr a sufficien�corparat�surety bond or a�her security satisf�c�vey tv Ler�der,
<br /> SE�CLJRITIC ►4GREEMENT; FINANCiN� �TATEIVdE�T�. Th� fol�owing pro�isions r�lating to this Deed of Trust as a.
<br /> se�urity agreement are a par�ofi th�s Qeed of Trus#:
<br /> Se�urity Agreement. This instrument shall canstitu��e a Seeurity Agreement to the extent any o� fihe Property
<br /> constitutes f�c�ures, and L�nder shall ha�e all caf�he righ�s o�a secured parky under�he Uni�orm Comm�rcia[Code
<br /> as amended frvm time�o timer
<br /> 5ecurity �nt�rest. Upan requ�st by Lender, Trusto� shall take whate�er action is reques�ed by Lender ta �er�e��
<br /> and continue Lender'�securi�y in#erest in the Persvnal Property. In additivrt to rec�rding fhis Deed of Trust�n the
<br /> real praperty records, Lender may, at any fime and wi�hou� fur�her authorizatior� from T�-us���, �File executed.
<br /> caunterpa�s, copies vr r�pr�ductions o�this Deed nf Trust as a financing sta#emen�. Trustar shall reimburs�
<br /> Lender for a�l expenses incurred in perfeGfing or con�inuing #his securi�y interesfi. Upan de�ault, T�us�ar shall nat
<br /> remo�e, se�er or detach the Personal P�operty frarn �he Property. Upan default, Trustor sh�ll ass�rr�ble any
<br /> Psrsonal P�aperty not affixed to the Property in a manner and at a plac� �easonably cvn�enient to Trus�vr and.
<br /> Lender and make �t a�ailable to �_ender within thre� (3} d�ys afte� receipt af writfen demand fram Lender to�he
<br /> ex�ent permit�ed b�applicahle�avv.
<br /> I�Iddl"�5585. The rnaifing addresses �f Trustvr (deb#ar} and L�nder �secured pa�ky} frvrx� �vhich En�arrr�a�ian
<br /> oon�ernin� the s��urity in�eres�granted by this Dee�l af Trust may �e abtained �each as required by the Uniform
<br /> C�mmer�ial CQde}are as sta�e�on the first page of this Deed of Trust.
<br /> FURTHE� ASS�RANCES; ATTDRNEY-IN-FACT. The �of[owing provisions �elat�ng �o �urther assurances and
<br /> attorney-in-fact are a pa�t af this Deed vf Trust:
<br /> Fr�rther Assuran�es. At any tim�, and frvm#ime to time, upon re�uest of Lender, Trustar wil� m�ke, execute and
<br /> deliver, vr viril� �ause ta be mad�, executed or del��ered, to Lender ar�o Lender's designee,and when�equesteci by
<br /> Lend�r, cause#o b�file�, re�orded, refiled, ❑r rerecorded, as the case may he, at su�h times and in such vffices
<br /> and plaees as Lender may deem appropriate, any and a�l such mortgage�, deeds o�trust, securit�deeds, securE�y
<br /> agreements, financing statements, cantinua�ion statemenfis, Enstrurr�ent� of further assurance, certificates, and
<br /> other doeur�ents as may, �n the sale❑pini�n a�Lender, be n�cessary or desirable in arder to efFectuat�, �omplete,
<br /> perfec#x con�inue, ar preser�+e �'l} Trust�r's obli�ations under the Nat�, thi� ❑eed of Trust, ar�d fihe Related
<br /> Docurnents, and ��} the liens and se�urit�interes�s ereated by#his Deed of Trus�as first and prior[iens an#he
<br /> Property,whether naw nwned or hereafter acquired by Trustor. Unless prohibitsd �ay law or Len��r agrees to�C�e
<br /> cvntrary in u�riting, Trusfivr shall re�mburse Lender for al! c�s�s and expenses incurred in connec#€on w�th th�
<br /> matters referred to in this paragraph..
<br /> Attorney-in-Fact. If Trus�or fails t❑do any a�the th�ngs r�ferred fia in the preceding paragraph, Lender m�ay do so
<br /> for and in the name af Trustor and at Trus�or's��pense. For such purposes, Trustvr hereby irre�oca�ly apRoints
<br /> Lender as Tru�tor's�t�orne�-in-fact fiar the purpose of makirrg,�xecuting, deli�erin�, filing, recording, and doin�ail
<br /> other�hings as rnay be necessary vr desirai��e, in Lend er"s sol� opinion, to a�cvmplish the matters referred fa in
<br /> �he pr�ceding paragraph.
<br /> FllLL PERFD��ANCE. E#� Trus�v� pays all the Indebtedness when due, and otherwise perfvrms aIf the obEi�ations
<br /> imposed upon Trus�or under this Deed, of T�us�, Lender shall e�cecute and deliuer �v Trustee a requ�s# for fu��
<br /> recor��eyanc�and shafl execute and deli�er fo Trustor suitable sta��ments of terminatian of any financing statement�n
<br /> file�videncing Lender'�security interest in the Ren�s and the PersQnal Propert�. Any recon��yance f�e requir�d by lavv
<br /> shall be pa�d b�y�'rustor, i�perr�itted by applicable iaw.
<br /> EVENTS �3F ❑EFAULT. �It Lend�r's option, Trustor wil� be in default under this Deed of Trust i�any vfi th� folfowin�
<br /> happen:
<br /> Payrrbent De�aulf. Trus�or�ails to make any payment when due under the [ndebtedness.
<br /> Br�ak Q#her Prnrnises. Trus�ar breaks an� pramise made to Lender vr fa�1s fia per�orm pror�ptly a��he �ime and
<br /> strictfy in the manner prouided in t�is Deed af Trust�r in any agreement r�lated to#his Deed of Trus�.
<br /> Compl�ance Default, F'ailure #o cvmply wi#h any ather term, ablE�at�an, c��enant ar �vndition contained in this
<br /> ❑eed of Trust,the N�t�❑r in any of#he Related Documents.
<br /> C3efaul�nn Dfher Payr�ents. Failure o�T�ustvr wit�ir�the�ime requi�ed by�his Deed af Trust to rnake any payrnenf
<br /> fQr taxes ar insurance, ❑r any a�her payment necessary tv prevent fil�ng v�or ta effect discharge af any[ien.
<br /> DefauIt in FaW�r��Third Part�es. 5hould �r�n�vr default under�ny[oan, extension of credit, se�urity agreemen�,
<br /> pur�hase or sales agre�ment, Qr any other agreem�nt, in fauor v�F any o�her creditor vr per�on fhat may materiall�
<br /> a�Ffe�t any of Grant�r's pr�perty ar Grantor's ability to repay the Indeb��dne�s vr Gran�or'� abi[ity t� per�vrm
<br /> Grantvr's�bligations under tr�is Deed af Tru�t or any v��he Related❑ocumen�s.
<br /> Fals�Statements. Any r�presentation or��atement made or fumished ta Lender by Trustor�r on Trustor`s�ehalf
<br /> un�er this Deed af rrust�r th�Re�ated Dvcuments is fa[se or misleading in any ma�erial respect, either now or at
<br /> the time made❑r furn�shed.
<br /> ❑efecti�e �allateralizat�an. This Deed of Trust or any af the Related Documents �eases to be in full fvrce and
<br /> effect �ir��fudir�g failure of any co�fat�ral do�ument�v crea�e a �alid and per�ec�ed security inferes�or lien}at any
<br /> #ime ar�d for any�eason.
<br /> Death or Inso[Wency. The dea�h of Trustor,�he insol�ency flf Trus#or,�he appointrnen�o�a reeeiuer�or any p�rt of
<br /> Trus��r's prvpe��, any a�signment fvr the benef'rf of credi�ors, any type of credi�or warkvut, ❑r the
<br /> commencement of any p�-oce�dinc�under any bankrupt��or i�sol�en�y laws by ar against Trus#ar.
<br /> Taking of the Pr�perty. �eny credi#vr ❑r gc��ernmenta! age��y tries to #�ke any of fhe Prope�ty ar any v#her of
<br /> �rustor"s praperfy in �rvhich Ler�der has a li�n. Thi� in�ludes taking a�', garnishing of ar le�ying on Trustor's
<br /> accaunts vvith Lender. Havve�er, i�F Trustor disputes in govd faith whether the claim on �hich �he �aking of�he
<br /> Prnperty is based �s �alid ar reasor�able, and i� Trustor gi��s Lender wri�ten nvtice of �he �Eairn and furn€shes
<br /> Ler�der wi�h monies❑r a sur�ty bond satisfactory�a Lender�o sat�sfy the clairn,then this de��u[t pro�i�ian uvfll not
<br /> apply.
<br /> Breach af�ther A�r�ement. Any breach by Trusfor under the terms of any ather agreement between Trus�ar and
<br /> Lender�nat is nvt remedied wi#hin any gra�� period pra�ided therein, including ►�n,+ithau� [imitatian any agreement
<br /> concerning ar�y indebtedness or�ther obligation❑f Trustar to Lender,whe#her exis�ing naw or later.
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