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��15�45US <br /> C��E�] �]� �'�L1�T` <br /> ���nti�u�d} Ra�e � <br /> incu�red �n reco�-ding, per�ec�ing ❑r can�inuing this Deed of Trus�, including without limitatian all #axes, fees, <br /> da�umentary stamps, and other charges for rec�rding or registering this D�ed af T�-ust. <br /> Taxes. The fallawing sha11 cortst��ute taxes �a which th�s se�t�on applies: (�} a specific tax upon this type o� <br /> Deed of Trust or upon a!I or any part v�#he lndeb�edness s�cured by th�s �eed o�Trust; �.�} a specific tax an <br /> Trus�or which Trustor is authorized �r r�quired�ta deduct f�-om paymen�s o�r the indeb#edness se�ured by this type <br /> ofi Deed of Trust; �3� a tax on this type o�Deed o�Trus#chargeable against the Lender vr the ho�der o�the C�edit <br /> Agreemen#; and �4} a specific �ax an afl o�- any portion of the �ndebtedness �r on paym�:nts of principal and <br /> inter�st mad�by Trus�ar. <br /> Subs�quent Taxes. I� any tax to which this section applies is enac�ed subsequent to �he date of�his ❑eed vf <br /> Trust, �his e�en� shail hav� #he same e�Fect as an Event Qf De�au�t, and Lender may exercise any ar all of its <br /> a�ai�able remedies far an Event of Default as provided below uniess Trusfior either �1} pays the tax before i� <br /> becomes delinquen�, or �2} con#ests the�ax as p�o�ided abave in the Taxes and Liens sec�ion and deposits with <br /> Lender cash or a sufficien�corporate surety band or other s�curity satisfa�tory t�Lender. <br /> SEC�RITY AGREEMENT; F�NANCING STATEMENTS. The following pro�isions relating to this Deed of Trust as a <br /> security agreement are a part of this De�d o�Trust: <br /> SeGurity Agreement. This instrument shall constitu#e a 5ecurity Agreement ta the extent any �f the Proper#y <br /> cansti�utes f�x�ur�s, and Lende�shafl ha�e all af the rights o�a s�cured party under the Uni�orm Cvmmercial Code <br /> as amended�fram��me�o time. <br /> Se�u�-ity Interest. Upon request by Lender, Trus�ar shall take vvhate�er a�tian is �equ�:sted by Lender to perfiect <br /> and continue Lender's security interes# in �he Persona[ Prape�-�y. In addition tv recording#his ❑eed o�Trust�n the <br /> reai property records, Lender may, a� any �ime and w�thout �urth�r autharization €�rom Trustor, fle executed <br /> coun�erparts, copies or rep�oduct��ns of th�s De�d of Trust as a financing statement. Trustor shall reimburse <br /> Lender fo�all expenses in�u�red in per�e�ting ar con�inuing this securi#y interes�. Upon defaul�, Trus#or shall no� <br /> ��ma�e, seve� or d��ach the Personaf Praperty from the Pr�perty. upon defaul�, Trus�ar shal! assemble any <br /> Persanai Properky not a�#ixed to the Proper�y in a manner and a� a pfa�e reasanabiy con�enient to Trusfivr and <br /> Lender and make it avai�ab�e tv Lend�r within thr�e {3} days after rec�ipt o�wr�tte�t dernand �rom Lender ta the <br /> extent permi#ted by appli�ab�e law. <br /> Addresses. The mai�ing addresses o� Trustar (debtor} and Lender �secured p�rty} from which informa�ion <br /> � cor�c�rning the securi�y interest granted by this ❑eed af Trus# may be abta�ned �ea�h as requ�red by the Uniform <br /> Commercial�ade}are as sta�ed an the firs�page o�F#his D�ed of Trus�. <br /> F�RTHER ASSURANCES; ATT�RNEY�IN-FACT. The fal�awing pro�isions re�ating fio fu�ther assurances and <br /> attarney-in�fact a�e a par�of this D�ed o�Trust: <br /> Fur�her Assurances, At any#ime, and from time to time, upon request o�Lender, Trustor will make, execute and <br /> de���er, or wil[ cause to he made,executed or del��e�ed,to Lender or to Lender's designee, and when requested by <br /> Lende�, cause �a be f led, recorded, r�filed, or rerecorded, as the case may be, at such t�mes and in such affices <br /> and p�ac�s as Lender may deem appropriate, any and al! suc� mo�gages, deeds af�rust, securi�y deeds, security <br /> agreements, financing statemen�s, continua�ian statements, instrumen#s ofi �urther assuran�e, certifica��s, and <br /> ❑ther documents as may, in the so�e o�inivn af Lender, be ne�essary or desirab�e in ord�r fo e�fec�ua�e, camplete, <br /> perFect, continue, or presetv� �1} T�ustor's ❑h�igations under�he Credi�Agreem�nt, th�s ❑eed of Trus#, and �he <br /> Related Dacurnents, and {2} the liens and security interests Greated by thi� ❑eed vf Trust ❑n the Properfiy, <br /> whe�her now owned or herea�ter acquired by Trustor. Unless proh�b€ted by Eaw o�Lender agrees to the c�ntrary in <br /> wri#ing, Trustor shai! reimburse Lender for al� cos�s and expenses incur�ed in connection with the matters refer��d <br /> to in this paragraph. <br /> Attorney-in�Fact, if Trustor fa�ls�a do any of�he things re�erred fo in the preceding paragraph, Lender may do s� <br /> for and in the name of Trustor and at Trus#or's expense. For such purpo�es, Trustar hereby irr��ocab�y appaints <br /> Lender as Trustor's attorney-in-�ac�for the purpose af makin9,executing, deli�ering,filing, recording, and doing a!1 <br /> o�her�hings as may bs necessary or desirab�e, �n �ender's s�ie opinion, to accomplish the matters referred to in <br /> the preceding paragraph, <br /> FULL PERFORMANCE. lf Trus�flr pays al�the lndebtedness when du�, �erminates the credit line account, and otherw�se <br /> pe�orrns al1 the obligatians impased upan Trus�or und�r�h�s Deed of Trus�, Lender shal( exe�u�e and de�i�er to Trustee <br /> a request for �ull re�on�eyanc� and shall execute and deli�er to Trus�or suita�le statements of termina��on of any <br /> finan�ing s�afem�nt an file e�is�encing Lender's secur�ty �n�eres� in the Rents and �he Persar�al Property. Any <br /> �-econ�eyance fee required by lavu shall be paid by Trustor, �f permi�fed�y applicabl�law. <br /> EVENTS OF DEFA�LT, Trustor wiil be in de�ault under this Qeed ❑f Trus#if any af the�follow�ng happen: {�►} Trustar <br /> commi�s fraud ar mak�s a mat�rial misrepresentation at any time in connecfiion with �he Credit Agreemen�. This can <br /> inc�u�e, �or example, a #alse statement about T�usto�'s �ncome, asse�s, liabi�ities, or any other aspects of Trus�or's <br /> financial condition. �B} Trus�or daes na� meet the repayment#erms af the Credit Agre�m�nt, �C} T�ustor's action or <br /> inac�ion ad�erse�y ��f�CfS the co�latera� or Lender'� righ#s in the colla#eral. This can includ�, �or example, failure �o <br /> maintain required insurance,was�e or destruc#ive use a�the dwe�ling,fai�ure ta pay taxes,death a�all p�rsons liable on <br /> the accaunt, transfer of titie ar sale ofi the dweliing, creation af a senior �ien on the dwefling without Lender's <br /> permissian,farecl�Sure by the holder of anv�her��en,vr the use a�funds ar the dwe�ling far prohibi�ed purpases. <br />