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��15�3�15 r r DEED �F TRUST Lvan Nv: '��'128��2� �Continued� Page � Attorney�in�Fa�t. If Trustvr�a�is�o do any o��he�hings referred tv in �he preceding paragraph, Lender may do so for and in�he name af Trustor and at Trustor's expense. For such purposes, Trusta�- hereby irre�v�ahly appvints Lender as Trus�or's attorney-in-facfi�ror�he purpose of rnaking, �xecuting, deli�ering, filing, recording, and doing all o�ther�hings as may be necessary ar desirable, in Lender's sv�e opinian, ta accomplish fihe matters referred to in the preceding paragraph. FULL PERF�RMANCE. !f Borrawer and Trustor pay all the lndebtedness, including without }imitativn a!I �utu�e ad�ances, when due, and Trusto�-atherwise performs all-�he oC�Cigations impvsed upvn Trustor under this Deed of Trust, Lender shall execu�e and deliver �o Trustee a request for �uE� recon�eyance and shall execute and deli�er to Trus�or sui�able statements ❑��erminatian ❑f any finan�ing statemen� on file e�idencing Lender's secur�ty interest in th� Rents and �he Persona� Pr�perty. Any recvn�eyance fee required by faw sha�� be paid by Trus�or, if permi�ted by applicable law. EVENTS OF DEFAULT, Each v�the following, afi Lender's ap�ion, shall constitute an E�ent o� Defaul� under�his Deed of Trust: Payment Default. Bvrrawer fails to make any paymen�when due under�he �ndebtedness. �ther Defaults. Borrower ❑r Trustor -�ails t❑ comply wi�h ❑r �a per�orm any ofiher fierm, ❑bligation, covenant ar condition cvntained in�his Deed o�Trust or in any o�the Re[ated Documents or to cvmpky wi�h ❑r�❑ perform any term, obligation, co�enant or condi�ion cvntained in any❑�her agr��m�nt between Lender and 6orrower or Trustor. .. Camptiance ❑efault. Failure to cvmply wi�kh any ❑�her term, ol�liga�ion, cv�enant or cvndifiion �vn�ained in this ❑eed of Trus�,�khe Nate or in any ofi�he Relafied ❑ocuments. Defau�t on�fher Payments. Failure vf Trusfivr within fihe time required by this Deed o�Trust to make any paymen�k for�axes❑r insurance, or any❑ther paymen�necessary t❑ pre�ent�iling❑�❑r tv e��ec�discharge a�any lien. False 5�atements. Any warran�y, representation ❑r s�atement made or�urnished�� Lender by Borrower vr Trustor ❑r on gorrvwer's or-Trustor's beha[f under�h�s ❑eed af Trust vr the Related Dvcuments is false or misleading in any ma�erial respect, either nvw vr afi fihe time made or furnished ❑r hecomes false ❑r misleading a� any �ime thereafter. Defec�iWe Collateralization. This Deed ❑� Trust ❑r any ❑f the Rela�ed Documents ceases tv be �n full �ar�e and effec� �in��uding �ailure a# any colla�eral dvcument fio cr�afie a �alid and pe��ec�ed security interes� ar lien} at any tEme and for any reasan. . Dea�h vr lnsvlvency. The death ❑�Bvrrvwer vr T�us�vr,fihe insvlvency af gorrowe�r or Trustor,�he appointmen�❑f a �ecei�er for any part of Borrower's or Trus�or's prvper�y, any assignment�or fihe bene�Et of creditors, any type o� �redi�or workout, or�he cvmmencement af any praceed�ng under any �ankruptcy or�nsol�ency Eaws by or aga�nst Borrower❑r Trustor. . Credi�or ❑r For�ei�ure Prviceedings. Cammencement of fvreclasure or for�eiture proc�edings, whether by judicial proceeding, se[�--help, repossession or any other method, by any creditor o� Borrvwer or Trustor or by any go�ernmen�al agency against any property securing the lndebtedness. This incfudes a garnishment af any of Bo�r�wer's ❑r Trus�or's accounts, including depos;t accaun�s, with Lender. Howe�er, �his E�en� af L�efault shall nat apply if there is a good faifih dispu�e by Barrower vr Trustar as to the va�idity ❑r r�asonableness af the claim which is the basis af�he creditor❑r�for�eiture praceeding and i�Barr�wer vr Trustvr gi�es Lender wri��en notice a� �he credi�or or farfei�ure prviceeding and deposi�s w�th Lender monies or a surety bond for the creditvr or forfeiture proceeding, in an amaun�determined by Lender, in its sale discret�on, as being an adequate r�ser�e or bond-�o�-�he dispute. Breach nf�ther Agreemenfi. Any lareach by Borrower ar Trus�kor under the�erms of any�ther agreement between Bor��wer ❑r Trus�ar and Lender �ha� is no� remedied within any grac� period pro�ided therein, including withoufi fimitation any agreement concerning any indebtedness or vther ob��ation �f Borrower or Trustvr to Lender, whether ex�stFng nvw vr late�. Even�s AfiFec#ing Guarantor, Any of the p�-eceding e�enfis occurs with respect to any guarantar, endorser, surety, ar accommadativn party af any of the �ndeb�edness ar any guaran�or, endorser, surety, or accvmmodation par�y dies ar becomes incompetent, or revokes or disputes the �alidity o�, or liahi[ity under, any Guaran�y ❑f �he lndebtedness. Ad�erse Change. A material ad�erse change ❑ccurs in Bvrrawer's or Trusto�-'s financial cvndition, ar Lender belie�es the prvspect o�paymen�t or performance❑f the lndehtedness is impaired. Insecurity. Lender in gaod�aith believes itself fns�cure. Righfi fio Cure. If any default, vther fihan a de�aut�in payment, is curahle and if Trus�ar has not be�n giWen a notice v�F a I�reach❑f the same pro�ision of this Deed ❑t Trust within the preceding twel�e {��} mvnths, it may be cured ifi Trus�or, a�ter Lender sends written not��e �❑ Bor�ower demanding cure �f such defaul�: �1} cures the defiault wi�hin fifteen ��5� days; ❑r {2� i��he �ure requires mare than �ifteen �15} days, immediately initiates s�eps which Lender deems in Lender's SD�E discretian to 1�e su��icien� �❑ cure the de-�ault and �hereafter continues and completes all r�asonab�e and ne�essary s�teps sufficient tv produc� camplian�e as soon as reasonably prac�tical. RIGHTS AND REMEDIES �N DEFAULT. I�an E�ent❑f ❑efault occurs under this Deed ❑f Trus�, a� any time thereaf�er,