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��15�3335
<br /> .���� �F TRUS�f
<br /> . �C�nti n ued� Pag� 5
<br /> fhe Rea( Proper�y. Trustor sha�l reimburse Lender for a�l �axes, as described bel�w, together wfth all expenses
<br /> incurred in recordin�, per�ecting or continuing this Deed of Trus#, inc�uding wi�hout �imf�a�€on alf taxes, fees,
<br /> documentary stamps, and o�her cha�-ges far recording or registering this Deed of Trust.
<br /> Taxes. The following shall const�tute taxes tv whi�h this sectian applies: ��} a specific �ax upon this type ❑f
<br /> Deed af Trust ar upon al! or any par� n�the Indebtedness secured by#his Deed of Trus#; ��} a specific tax on
<br /> Trustor which Trus�ar is autharized or required to deduct from paymen�s on the �ndeb�edness secured by�his type
<br /> ofi Deed of Trust; {3} a�ax an this�ype af Deed flf T�us�chargeab�e agains#the Lender ar�he holder o�the Credit
<br /> Ag�eement; and (4} a sp�eific �ax an ali or any pa�tion of the lndebtedness or on paymen�s o� prin��pal and
<br /> in�erest made by Trustor.
<br /> Subsequ�nt Taxes. Ifi any tax to which this section applies is enactsd subsequent ta the�date of#his Deed �f
<br /> � Trust, this e��nt shai� ha�e the same effect as an E�ent of Defaul�, and Lender may exercise any ❑r all of its
<br /> a�ai�able remedies for an E�en� of Defauit as pra�ided kael�w unless Trustor either �1} pays �he tax be�ore i�
<br /> becomes delinquen�, or (2} contests the tax as pro��ded abo�e irt �he Taxes and Li�ns sec�i�n and deposits w�th
<br /> Lender cash or a sufficient cvrporate sure�y bond or❑�her security satis�'actory t❑Lender,
<br /> SECURlTY AGREEMENT; FINANCIN� STATEMENTS. The �o�lowing pr��isions relating ta this Deed of Trust as a
<br /> secu�ity agreement are a part af this Deed af Trust:
<br /> 5ecuri�y Agre�men#. This instrument shall cvnsti�ute a S�curity Agreemen� �o the ex�en# any of �he Prape�ty
<br /> � consti#utes fixtures, and L�nder sha�l ha�e all of the righ�s a�'a secured par�y under the Uniform �ommercial Code
<br /> as amended f�am time to tirne.
<br /> Securi#y ln#eres�. Upon request by Lender, Trustor sh�lf take wha�e�e�action is requested by Lender �o pe�-f'sct
<br /> and con�inue Lender's security interest in the Persona( Property. ln addition tfl recording this Deed of Trust in the
<br /> real prope�ty records, Lender may, at any time and withau# further authorization �from Trustor, fi�e executed
<br /> counterparts, �opies or reproductions a# this Deed af Trus� as a financing sta�ement. Trustor shall reimburse
<br /> Lende�for all expenses incurred in per�ec�ing or continuing �his security interest. Upon defauft, Trus#a�shall no�
<br /> remo�e, s��er or de�ach the Personal Property fram the Property. Upon defau�t, Trustor shall assemb�e any
<br /> Persanal�Property not a�xed to �he Prope�y in a manner and at a place reasonably �on�enient to Trustor and
<br /> Lender and make it available t� Lender within three {3} days after receipt af written demand from Lender �o the
<br />� extent permitted by app�i�abl�law.
<br /> Addresses. The mailing addresses of Trustor �deb#or} and Lender �secured party} from wh�ch in�ormation
<br /> can�ernirtg the security interest granted by this ❑eed of Trus# may be abtained �each as require� by the Unifo�t�ri
<br /> �ommercial Code}are as sta�ed fln the first page vf�his Deed of Trus�. �
<br /> FURTHER ASSURAN�ES; ATTC3RNEY-IN-FACT. The fol�owing pro�isions re�at�ng to further assurances and
<br />. a�tarneywin-fact a�e a part of�his Deed of Trust:
<br /> Further Assurances. A�any time, and from time ta time, upon request o�Lender, T�ustar wili make, exe�ufe and
<br /> defi�er, ar w��l cause�o be made, execu�ed a�-de[i�ered,ta Lender or ta Lender's designee, and when requested by
<br /> - Lender, cause ta be filed, recorded, refiled, or rerecorded, as �he case rnay be, at such #imes and in such offices
<br /> and places as Lender may deem appropriate, any and a�( such markgages, deeds of trus�, security deeds, securE�y
<br /> agreements, financing sta�ements, con�inua�ion s�a#em�nts, instruments o€ fur�her assuranc�, cer#i�icates, and
<br /> ❑ther documen�s as may, in fhe sole opinion o�L�nder, be necessary or desirable in order�o effectuate, comp[e�e,
<br /> pe�'ecty Cdfltll7l.��', or presen�e ��} Trusta�`s obligations und�r the �red��Agreement, th�s Deed o�Trust, and the
<br /> Re�a�ed Documents, and �2} the liens and security inter�sts created by this Deed of Trust on the Property,
<br /> whether now own�d�r hereafter acquired by Trus�or. Unless proh�bited by law❑r Lender agrees to the contrary in
<br /> wri�ing, Trus�or sha�l reimburse Lender��r all costs and expenses incurred in connec#ion with �he matters referred
<br /> �o in th�s paragraph.
<br /> Attorney�in-Fact, lf Trus�ar fails to do any v�the things referred #o in the preceding p�ragraph, Lender may d❑sv
<br /> far and in �he name a�Trustor and at Trus�or`s expense. Fo�-such purpos�s, Trus�or her�by irrevocab�y appoints
<br /> Lender as Trustor's attorney-in-�act for the purpose vf making, executing, deli�ering,f�ing, recor�ding, and doing all
<br /> other things as may be necessary or des��able, in Lender`s svle opinian, ta accampiish #he matt�rs referred to in
<br /> the preceding paragraph.
<br /> FL1LL PERFaR�IANCE. !f Trustor pays afl the indebtedness when due, terminates the credit fine accoun#, and otherwise
<br /> pe�Forms al� the ob{�gations imposed upon Trustor under this Deed af Trust, �ender shall execute and del��er to T�ustee
<br /> a reques� fo� full recon�eyance and shal� execu�e and d�li�er ta Trus�or suitable statemen#s v� term�na#ion of any
<br /> f nancing statemen� vn fi(e e�idencing Lender's security interest in �he R�nts and the Personaf Proper#y. Any
<br /> re�an�eyance fee required by law shai[be paid by Trustar, if perm��ted by applicable law.
<br /> EVENTS �F DEFAULT, Trus�or wili be �n defaul�under this Deed of Trus�i�any vf the follow�ng happen: tA} Trustor
<br /> commits fraud or makes a ma�eria! misrepresen�a�ion at any��me in c�nnection with the �redi#Agreement. This can
<br /> include, fvr example, a �alse statemen� about Trus�or's income, assets, liabi��ties, or any other aspects o�T�us�or's
<br /> financ�al conditian. tB) Trus�or does no� meet the repaymen##erms of the �redit Agreemen�. �C} T�ustor's action or
<br /> inaction ad��rsely a�Fec�s the calla�era� or Lender's rights in th� calla#erai. This can include, �'�r example, �ailure ta
<br /> maintain required insurance, waste or destructi�e use of�he dwelling, fai�ure fo pay taxes,death of aif persons l�able on .
<br /> th� accaunt, transfer of #itle or sale o�F �he dwelling, creation o� a senior lien on the dwelling without Lender's
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