��15�51U1
<br /> DEED �F TRUST .
<br /> L�an fVv: �D��87810 {Continued� Page 5
<br /> #❑gvWernrnentai taxes,fees and�harges a�e a part of this Deed vf Trust:
<br /> Current Taxes, Fees and Charges. LJpfln request by Lender, Trusto�shall execute such dvcuments in addEtion t❑
<br /> this Deed ❑f Trus�and take whatever a�her action is requested by Lender to perfe��and cvn�inue Lender's lien on
<br /> the Real Prvperty. Trustor shall reimburse Lender for all taxes. as described belaw, fiogether with all expenses
<br /> incurred in recording, perfec�ing or continuin� this D�ed o� Trust, inc[uding without limita�ion all taxes, fees,
<br /> documen�ary stamps, and a�her charges for recording ❑r registering this ❑eed af Trust:
<br /> Taxes. The �allawing shal! cons�i�u�e �axes to which this section applies: ��} a speci�fic tax upon this type o�
<br /> ❑eed of Trust❑r upon al! ar any part ❑f the Indebtedness secured by this Deed of Trust; t2} a specific fiax vn
<br /> Trustor whEch Trus�or is authorized or required t❑ dedu�t f�-om payments vn the Indeb#edness secured by this type
<br /> �f Deed of Trusfi; t3} a�ax❑n this type of❑eed o�f Trus�chargeable against the Lender❑r�he hold�r�f the Note;
<br /> and �4� a specific tax❑n all or any partE�n vf the Indebfiedness vr an payments o�r principa� and interest made hy
<br /> Trustor.
<br /> 5ubsequen� Taxes. �f any tax tv which �his sect�on applies is enac�ed subsequent �o the dafie of�his Deed of
<br /> � Trus�, this even�t,shai! ha�e the same effect as an E�ent o�F ❑e�Fault, and Lender rnay ex�rcise any ❑r all ❑f its
<br /> a�ailable remedies for an EWen� ofi Defaul� as pro�ided hel�w unless Trust�r either {'1} pays th� tax hefare it
<br /> becomes delinquen�, or �2y c�ntests the tax as prv�ided aba�e in the Taxes and Liens section and depflsits with
<br /> Lender cash�r a sufFicient corporate surety hvnd❑r�ther security safiisfactvey�❑Lender.
<br /> SE�URITY AGREE11rIENT; FINANCING STATEMENTS. The following pra�isi❑ns rela�ing �� this Deed a� Trust as a
<br /> security agreement are a part of�his aeed❑f Trus�:
<br /> S��urity Agreement. This instrument sha[l �anstitute a Security Agreement to the ex�ent any of the Property
<br /> constitutes fixtures, and Lender sha!! ha�e aff ❑f the rights o�a secured party under�the Uniform Gvmrnercial Code
<br /> as amended�rom time��time.
<br /> 5ecurity Interest. Upon request by Lender, Trus�or shall take whatever ac�tion is requested hy Lender�v perfect
<br /> and con�inue Lender's secur�fiy inter�st in the Ren�s and Personal Property. 1n addition t� recording th�s Deed o�
<br /> Trust in the real praperty re�ards, Lender may, at any time and without fur�her authariza�ti�n fram Trustvr, file
<br /> execu�ed caun�erparts, copies or repradu�fiions of this D��d of Trust as a �finan�ing staternen�. Trustor shall
<br /> reimburse Lender�o�-all expenses incurred in perfecting ❑r continuing this security interest. Upon de�aulfi,Trustar
<br /> shat� n�t remvWe, se�er❑r de�ach the Persanal Property�ram the Proper�ty. Upon default, Trusfior shall assemble
<br /> any Persanal Property n�t a�fixed�a�he Praperty in a manner and a� a place reasonably con�enient�o Trustar and
<br /> Lender and make �t a�ailable to Lender wEfihin thr�e �3� days atter receipt �f written demand from Lender t� th�
<br /> exten�permitt�d by appfi�able law.
<br /> Addresses. The maiEing addresses �� Trustor �debtor} and Lender �secured party} �rorn which infarmativn
<br /> concerning th� security interest granted �y �his Deed v�Trus� may be obtained �each as required by the Unifarm
<br /> , Cammercial Cvde} are as s�ated on the firs�page of this Deed o�Trust.
<br /> FURTHER A55URANCES; ATT�RNEY-iN-FACT. The �ollowing pro�isions relating to further assurances and
<br /> a��orney--in-fact are a part���his��ed of Trusfi:
<br /> Furth�r Assurances. At any timer and from time fia time, upon request of Lender, Trusto�will make� �xe�ute and
<br /> deli�er, ar will cause to he made,executed ar deliWered,to Lender❑r�� Lender's designee, and when request�d t�y
<br /> Lender, cause fio be filed. re�orded, refiled, ❑r rere�arded, as th� case may be, at such times and in such affices
<br /> and places as Lender may deem apprvpria�e, any and all su�h mv�'kgages, deeds vf trus�, security deeds, security
<br /> agreements, financing statemen�s, c�ntinuati�n sfiafiements, inst�ruments vf �urther assurance, certificates, and
<br /> other do�uments as may, in the sale opinivn o�Lender, be necessary or desirable in order�o effec�uat�, comple�e,
<br /> per#ec�, continue, or preser�e ��} Trus�ar's abligativns under �he Note, this Deed o� Trust, and the Related
<br /> aacuments, and {2} the liens and security interests creat�d by�his Deed a�Trust as firs�and prior liens on the
<br /> . Property, whefher now owned ar h�r�after acquired by Trustor. Llnfess prohihited by iaw or Lende� agrees�o the
<br /> cantrary in writingr Trus�or shall reimhurse Lender for a�� c�sts and expenses incurred in conn�ction wi�h the
<br /> ma��e�-s re�erred to in this paragraph.
<br /> Attvrney-in-Fa�fi. Ifi Trwstvr fails tv da any❑f the things referred to in�he preceding paragraph, Lende�may da so
<br /> for and �n fihe name ❑f Trus#or and at Trusfior's expense. Far such purpases, Trustor hereby irre�ocably appoints
<br /> Lender as Trustvr's attorney�in---�act far the purpase af mal�ing, executing, deli�ering, �F�ling, recording, and doing all
<br /> o�her�hings as may I�e necessary or d�sirable, in Lender's sole apinian, ta accomplish #he matters re�erred to in
<br /> the preceding paragraph.
<br /> FULL PERF�RIVIANCE. If Trustar pays all th� Indebtedness, including withou�limi�a�ion al[future advances, when due.
<br /> and athervuise performs a!I �he ohfiga�kians imposed u�an Trus�or under �this Deed af T�ust, Lender shail execute and
<br /> deli�er ta Trustee a request for ful� recan�eyance and shall exe�ute and deli�er �o Trustor suitable staternen�s vf
<br /> �ermina�fi�n vf any financing statement vn file e�idencing Lender's SBCLI�'I��I in�eres� in the Rents and �he Personal
<br /> Praperty. Any recan�eyance fee required by law shall be pa�d by Trustar, if permi�ted by applicable�aw.
<br /> EVENTS aF DEFAULT. Each.of the following, at Lender's ap�ian, shall cvnstitu�e an E��nt of Defau�� under this Deed
<br /> af T�-us�:
<br /> Paymen�f❑efault. Trus�or fails tv make any paym�nt when due under the lndebtedness.
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