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. ���������
<br /> �]EED �F �RUST
<br /> ��ot�tir�ued� Pag� 4
<br /> incurred by Trus�ee or Lender in cann�ctivn with the�ond�mna#ian.
<br /> [1VIP�SIT[�N aF TAXES, FEES AND CHARGES BY G�VERNMENTAL AUTH�RITiES. The fa[[owing provisions r�lating
<br /> ta ga��rnmental taxes,�ees and charges are a part af this Deed of Trust:
<br /> Current Tax�s, Fees and Charges. Upon r�quest by Lender, Trustor shal[ex�cut�such docurnents in additian ta
<br /> this Daed af Trust and take whate�e�-other ac�ion is requested by Lender tv perfect and cantinue Lender's lien on
<br /> �he R�al Praperty. Trusfor shall re�mburse Lender for a�[ #axes, as described below, together with aIl expenses
<br /> incurred in recording, perfecting Qr continuing this Deed af Trust, �ncluding without- limitation a[1 taxes, fees,
<br /> documentary s�amps,and other�harges far recvrding vr regis�ering this[]eed of Trust.
<br /> Tax�s. The �ollawing shail constitute �axes #� which �his sec�ion appfies: �'�} a specific �ax upon #his type o�
<br /> ❑eed o�Trust ar upon a�l or any part o�the lndebtedness secured by fhis ❑eed of Trust; �2} a specifi�tax on
<br /> Trus#vr which Trustor is au#hari�ed or required ta de�uc�from payrnents an fhe lnd�btedness secured by this�type
<br /> of Deed of Trust; �3} a tax vn this type af❑e�d of Trusf Ghargeable ag�inst the L�nder ar the ho[der of the Credit
<br /> Agreem�nt; and �4} a spec��c tax an al[ o� any portian of the lndehtedness ar an payments af principal and
<br /> interest made by Trustor.
<br /> Suhseq uent Taxes. If any tax t�whi ch th is sec�ion applies is enacted �ubsequen�ta the da�te vf th is De�d af
<br /> Trus�, this e�enfi shall ha�e the same e�fect as an EWen� af Default, and Lender may exercise any or all af i�s
<br /> a��ilab�e remedies for an E�en� of D�fault as pravided h�1�w unless Trus�or e��her �'!} pays�he tax before it
<br /> beoames delinquent,or [2} con�ests the tax as provide�f abv�e�n'�he Taxes and Liens secfiion and deposits with
<br /> Lende�r,ash or a sufficienf corpvrafie surety band ar v�her security satistactary tv Lender.
<br /> SECURITY AGREElVIEIVT; F�NANCING STATEMENYS. The follawing provisions relating ta this ❑eed af Trust as a
<br /> securi�y agreernen#ar�a par�a��his Deed af Trusfi:
<br /> 5e�u�ity Agreemen�. This ins�rument shal[ constitu�e a Security Agreement to the extent any of the Praperty
<br /> cvnstitutes fixtures, and Lender shall ha�e a[1 af the�-ights❑�a secured party under th�Llniform Carnmerciaf Code
<br /> as arnended frvm time�❑tirne.
<br /> 5�curiiy Interest. Upon r�qu�st by L�nder, Trustor sha[[take whafe�er ac�ian �s requested by Lender ta per€e��
<br /> and continue Lender's security interest in the Persona� Property. ln addition to recording this ❑eed af Trust in the
<br /> real property records, Lender may, at any tirne and withou� further authvrizativn fram Trustar, fi[e executed
<br /> �ounterparts, copies or reproduc#ians a�this I]�ed vf Trust as a fnanc�ng s�atemen�. Trustor sha11 reimburse
<br /> Lende�for all expenses incurred in perfecting or cantinuing fhis security interest. Upon d�fault, T�ustor shall n��
<br /> remo�e, s�ver or detach the Personal Property from the Praperty. Upon default, Trusfor shall assernb[e any
<br /> Personal Pr�perty not affixed to the Pr�perty in a manner and a� a p1a�e reasonably con�enienf�a Trus�or and
<br /> Lender and rnake it aWailable ta Lender within three �3} days after receipt of written demand from Lender to the
<br /> extenf permitted by applicable lavtir.
<br /> Addresses. The maiiing addresses of Trus�Qr {debtor} and Lender �secured party} from which in�arrna�ian
<br /> cvncerning the security interest gran�ed by this ❑eed af Trust may be ob�ained {each as required by#he �niform
<br /> C�mmercial Cod�}ar.e as stated an the first page o�this Deed of Trust.
<br /> FURTHER ASS�RANCES; ATT�RNEYRIN�FACT. The following pro�risions relating ta further assurances and
<br /> attorney--in--fact ar�a pa�#of this Deed af Trust:
<br /> Furth�r Assurances. At any tirne,and from time t�time, upon request of Lender,Trustor wifl rnake, execuke and
<br /> deli�er,ar wili rause to be made,executed�r defivered,to Lender or ta Lenders designee,and when requested by
<br /> Lender, cause.�o be fiied, recarded, refil�d, ar rerecarded, as#he c�se may b�, at such times and in such affices
<br /> and p[aces as Lender may deem appropriate, �ny and all such mvr�gages, deeds a��rus�, security deeds,security
<br /> agreements, finanr�ng s�atements, cantinuation s�atements, instruments ot further assurance, certificates, and
<br /> other dacumen�s as may, in the s�[�apinion.a�Lender,be neoessary ar desirab�e En vrder to efFectuate,cvrnplete,
<br /> perfec�, canti nue,.�r preserve �'I) Trustors ob!igations under the Credit Agreement,th is D�eed of Trust,and�he
<br /> Rela�ed Documents, and (2} the ii�s and security interesks c�eated by this Deed of Trust an the Property,
<br /> whe�her now awned vr hereaf#er aoquired by Trustar. Unless prohi bi�ed by law or Lender agrees�o�he cantrary i n
<br /> wri�ing,Trustar shall reimhurse Lender for all casts and e�enses incurred in cannection with the ma##ers referred
<br /> to in this paragraph.
<br /> Atto�ney-in-Fa�t. I�Trus't�r fai�s'to da any of�he things referre�to in the preceding paragraph, Lender may do so
<br /> for and in the name�f Trustor and at Trustor's expense. For such purposes,Trus�or hereby i�e�acabl�appairrts
<br /> L�nder as Trustar's at�orney-in-fa�for the purpase vf making,executing,deEiWering,fiiing, recarding, and doing alE
<br /> o�he�thinys as may he necess�ry or desirable, in Lender's sale apinion, ta accomplish�he ma#ters referred to in
<br /> the preced�ng paragraph.
<br /> FL1LL PERF�RMANGE. I�Trustvr pays al[the Inde��edness when du�,t�rminates the credit line account, and o�herwise
<br /> per�orrns all the obl igafions impvsed upon Trustar under th is D�d of Trus�, Lender shall execu�e and del i�er�v Trustee
<br /> a request for full recan�eyance and shafl execute and d�li�er ta Trus�or suitable sfatements �f termination af any
<br /> financing statement �n f[e evidencing Lender's security interesfi in the Ren#s and the Persona! Prope�-ty. Any
<br /> recan�eyanoe fee required by lav►r sF�ll be paid by Trustor,if permitted by app[ic�bie[aw.
<br /> EVENTS aF�EFAULT. Trustor w�ll be in de�ault under this Deed vf Trus�if any af the fn��nwing haRpen: (A� �Trustor
<br /> �ommi�s fraud or makes a maferial misrepresenfiatian at any tirne in connec��an with fhe Credit Agr�ement. This can
<br /> include, for example, a faise sfia�ement abvut Trustor's income, assets, [Eabilities, or any other aspects of Trus�vr's
<br /> financial candi�ion. �B� Trustor does n��meet�he repaymen�terrns of the�redi�Agreement. [C} Trustnr's ac#ion �r
<br /> ina�tion ad�ersely afFects the c�llafieraf ar Lender's rights in�he co[lateral. This can include, for example, �ailure�a
<br /> maintain required insurance,waste ar destructi�e use af-�he dweliing,fai[ure to pay taxes,death o�ali persons[iable on
<br /> the a�count, transfer �f title ar sale o� the dwefling, crea�ian af a senior lien an �he dweliing wi#hout Lender's
<br /> permissi�n,foreclasure by the holder of another lien,or�he use of funds ar�he dwel[ing far prahibited purposes. �
<br /> RIGHTS AN 0 REME�IES�N ❑EFAlJLT. lf an E�ent of a�fault occurs unrJer this C�ed o�Trust,�at any time th�reafter,
<br /> Trustee or Lender may exercis�any qne or more o�the tollowing rEghts and rernedies:
<br /> Acc�leration Upon Default;A�lditianal Remedies. If any E�en��f De�ault occurs as per fhe terms v�the Credit
<br /> Agreement secured hereby, Lender may d�clare all Indebtedness secured by fihis�Jeed v�Trust to be due and
<br /> payable and the same sha[I thereupon became due and payab[e without any presentment,dernand, protes�ar
<br /> natice vf any kind. Thereafter,Lender may:
<br /> (a} Either�n persan vr by agent, wifih ar without b�nging any ac�ian vr pr�ce�ding, or by a receiver
<br /> appointed by�cvurt and►nrifhaut regard to fihe adsquacy o�ifs seGurity, enter upon and fake passession
<br /> o##he PraperEy,�r any par�#hereof, in its own name ar in the name�f Trustee, and dv any acts whict�it
<br /> d�ems nec�ssary ar desirab[�tv preserve�he�a[ue, mark�tability ar rentabiiity of#he Property,or part of
<br /> #he Praperly or interest in the Property;increase the income�rom the Pr�perty or protect the securi�y o� .
<br /> the Pr�aperty; and, with or without taking passessian af�he Praperty, sue�or ar otherwise callect the
<br /> rents, issues and profits af the Property, inciudin��hase past due and unpaid, and apply the same, less
<br /> oasts and expenses o�operativn and collection at�orneys'fees,�o any indebfedness secured by this[]�ed
<br /> of Trus�, all in such vrder as Lender may de�errnine. The entering upon and taking pvss�ssion of�he
<br /> Property, the coflection of suc� rents, �ssue.� and prafts, and the applica��on thereo�sha[I nat cure or
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