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Z�15�535�
<br /> C]EEI] �F TF�U�T
<br /> ���nti�ued} Pag� �
<br /> IMPG51TCDiV pF TA�ES, FEES AND CHARGES BY GDVERNMENTAL AUTFIQRlTIES. The�F�Ilowing prv�isions relating
<br /> to gavernmentai taxes,fees and charges are a part af fhis D�ed of Trust:
<br /> Curren�Taxes, Fees and Charges, Upan r�quesf by Lender, Trustor shal� execute such docurnents in addi�ian �❑
<br /> this Deed af Trust and take whate�er�ther action is rec�ues�ed by Lend�r to perFe�t and continue Lender's lien an
<br /> #he R�a! Praperty. Trustar shall reimburse Lender far al[ taxes, as descr�bed below, tvge�her wi�h ail expenses
<br /> in�urred in re�arding, perfecting ar cantinuing this Deed Qf Trus�, in�luding withou� [imita�ian ail taxes, �ees,
<br /> do�umentary stamps,and�ther charges for recvrding vr registe�-ing this Deed of Trust.
<br /> Taxes. The fvllowing sha�i cansti#ute tax�s �❑ which ��is sectian applies_ �1} a spec�fi� tax upan this type af
<br /> ❑eed of Trust vr upan a�l or any �ar�of the lndebtedness secured by this De�d of Trust; �2� a speci�ic tax on
<br /> Barrower which Borr�wer i� authorized ❑r required to deduct from payments on�he Indebt�dness secured by this
<br /> type o�Deed af Trust; 43} a tax on this type af Deed of Trust chargeable against�he Lender or the holdsr ofi the
<br /> No�e; and �4} a spe�ifi� tax an a!I or any portion of the Indebtedness or on payrnenfs of pr�ncipal and in�eres�
<br /> made by Borrower.
<br /> 5ubsequent Taxes, If any tax ta which this section appiies is enac�ed subsequent to the date of this Deed of
<br /> T�-ust, this event shali ha�e the sarne effec� as an E�ent of Default, and Lender may exercise any or all of its
<br /> a�ailable remed�es for an E�ent af Default as prv�ided below unless Trustar either �1} pays�he tax befare ��
<br /> beoomes de�inquent,or {�} contests the�ax as p�avided abo�e in'�he Taxes and Liens section and deposits wi�h
<br /> Lender cash or a sufFicienf c�rpora�e su��ty bond or other security satisfa�tary ta Lend�r_
<br /> SECURITY AGREEMENT; F�NAN�CNG STATEIVIENTS. The folfowing pravisions relaiing to �his Deed af Tr`ust as a
<br /> �ecurity agreernen�are a part af th�s Deed a�Trust:
<br /> 5ecurify Agreement. This ins�rument shall cvnstitute a Secur��y Agreement �o the extent any af th� Praperty
<br /> constitutes fixtures, and Lender shalf ha�e all of the r�ghts vf a se�ured par�y und�r#he Unif�rrn Gamm�rcial�ade
<br /> as arnended trvm time to�irne.
<br /> Se�urity Interest. lJp�n request by Lender, T�-ustor shai� take whatever ac�ian is requested by Lender to perfe�t
<br /> and �antinue Lender's security interest in �he Rents and Personal Property. ln additivn ta recarding �his Deed �f
<br /> Trust in the real property recards, Lender rnay, at any tirne and without further autharizaf�an �ram Trustar, file
<br /> executed c�unterpar�s, �apies ❑r repraductions ❑f this �eed �f Trust as a finan�ing statemen�_ Trustor shaEl
<br /> reirn�urse Lender�or a�l expenses inGurred in p�rfecting ar�an�inuing this se�uri�y interest. �pan default, T�ustar
<br /> shall nflt �-emo�e, se�er ar detach �he Personal Property fram the Property. Upon default, Trustar shaI� assemble
<br /> any P�rsonal Pr�per�y naf affix�d ta the Property in a rnanner and a�a place reasonab(y�on�enient to Trustar and
<br /> Lende� and rnak� i� available�o Lender within three �3} days after receip� of written dernand frarn Lender tv �he
<br /> extent permitted hy appficable law.
<br /> Addresses. The mailing addresses af Trustvr �debtor} and Lender �se�ured party} from v+rhich infarrnatinn
<br /> cancerning the security in�erest gran�ed by th�s Deed af Trust may be obtained �sach as required by tha Uniform
<br /> �ommercia�Code}are as stated on�he�irst pags of this Deed of Trust.
<br /> F�RTHER A55URAN�ES; ATT�RIVEY-tN-FACT, Th� foll�wing pra�isians relating ta further assurances and
<br /> a�torney-in-fact are a part of this Deed of Trust:
<br /> Fur�her Assurances. At any time, and firarn t�me ta time, upon request of Lender, Trus�or wifl make, execute and
<br /> deli�er,ar wi�l cause t�be made,e�ecuted vr de���ered,to Lender or to Lender's designee, and when requested by
<br /> Lender, cause to be filed, reoorded, rafil�d, ar�erecorded, as�he case may be, at su�h tim�s and in such offi�es
<br /> and places as Lender may deem appropriate, any and al�such mortgag�s, deeds af trust, securiiy deeds,security
<br /> agreemenfs, financing s�atemenfs, �ontinua�ivn statements, instruments af further assurance, oertifica�es, and
<br /> other documents as may, in the sale opinion of Lender, be ne�essary�r desirable�n arder to efFec�uate,oample#e,
<br /> perfec�, cantinue, or preserve ('�} Borrawers and Trusfo�'s ob�igations under th�Note, this Dc�ed ot Trust, and
<br /> the Re�a��d DoGuments, and [2} the liens and security�nt�rests creat�d by this C7�ed af Trust as first and prior
<br /> liens on the Property,whether now owned or hereafter acquired by Tru�tar. Unless prohibited by�aw or Lend�r
<br /> agrees to the c�ntrary in writing, Tt�us�vr sha[! re�mburse Lender for all cos�s and expenses in�urred in Gonneu�ion
<br /> with fhe matters referred to i n th is paragraph.
<br /> Attarney-in-Fact. If Trustar fails�a do any o�the things re�erred�o�n�he preoeding paragraph,Lender may da so
<br /> far and in the name�f Trustor and at Trustar'S expense. Fvr such purposes,Trus�or hereby irre�acably appoin�s
<br /> Lender as Trustor's attarney-in-fact far the purpose�f making,executing,de{i�ering,f�ing, re�or�ding,and daing a!I
<br /> o�her things as may he necessary❑r desirable, in Lender's sale opiniQn, to acoamp[ish the matters referred tv in
<br /> �he preceding paragraph.
<br /> FULL PERF�RMANCE. I� Barrawer and Trustar pay all the lndebtedness, incfuding withou� limitation all fu��re
<br /> advances,when due,and Trust�r atherwise performs all the obligations imposed upon Trustor under�his Deed of Trust,
<br /> Lender shall execute and deli�er�v Trustee a request fvr full re�on�eyance and shall execufe and de�i�er to Trus�or
<br /> suitable sta�hements of�ermination ❑f any financing statement❑n file e�idencing Lender's security interest in�he Rents
<br /> and the Persona! Property. Any recan�eyance fee required by I�w shall b�paid by Trustc�r, if permitted by applicab�e
<br /> law_
<br /> EVENTS 4F �EFAULT. Ea�h ❑f the fa[[owing, a� Lender's op�ion, sf�all cvnstitute an Event af Default under th�s Deed
<br /> ❑f Trust:
<br /> Paymen�Qefaul�. Borrower fails�o make any payment wh�n due under the lndeb�edness.
<br /> Dth�r Defaults. Bvrr�wer ar Trustar�Fails to cvrnply with Qr to perFarm any o�her term, nt�ligat�vn, covenant vr
<br /> condition cantained in'�his Deed af Trus#or in any of the Rela�ed Do�uments ar to carnply wi�h ar to p�rForm any
<br /> term,❑bligation, cavenant❑r cvndition con#a�ned in any other agreernent between Lender and Borrower ar Trustor.
<br /> Gompliance DefauC�. Failure #o comply with any ❑�h�r term, obliga��on, co�enant or condi�ion contained in this
<br /> ❑eed o�Trust,the Note or in any of#he Related Da�uments.
<br /> Default vn��her F'aymen�s. Failure of Trus�or within the time r�quired by this ❑eed of Trust t❑ make any payment
<br /> �or taxes ar ir�surance,o�any other payment necessary to prevent filing of or to effec�discharge of any lien.
<br /> De�aul# �n Fa�Qr of Third Parties. Should Borrawer or any Grantar default under any laan, extension �� credi�,
<br /> security agreern�n�, purchase❑r sales agreem�nt,or any other agre�m�nt, �n fa�or af any ather creditvr or person
<br /> that may materially affe�t any of Barrower's ❑r any �rantor`s praperty or Barrvwer's abi�ity �o repay the
<br /> lndebtedness ar Borrawer's ar Gran�or's abiIify ta perForrn their respec�i�e obliga�ions under this Deed of Trust or
<br /> any a�#he Related Dacumen�s.
<br /> False Statements. Any warranty, representa�ian❑r s�aternent made❑r furnished t❑ Lende�by Bvrrower or Trustor
<br /> or vn Barr�wer's ❑r Trustor's behalf under�his Deed ❑f Trust or the Related Documents is fa�se vr mislead�ng in
<br /> any material respect, either nvw ar at the time made or furnished or becomes fafse or misleading at any time
<br /> therea�ter.
<br /> ❑efecti�e Co�lateraliza��on. This �eed �f Trust ❑r any ❑f the Relate� Da�uments ceases to 1ae in full fvrce and
<br /> effe�t �in��uding�a�lure af any co�faterai do�um�nt to create a�a�id and perfected s��urity inter�st or�ien� a�any
<br /> time and�or any reasan.
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