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<br /> DEED �F TRUST
<br /> �Continued} Page 4
<br /> Deed o�Trust or upon a1l or any part of the Ind��t�dness secured by �his Deed af Trust; ��} a specific fax on
<br /> Trustar which Trustor is autharized ❑r required#o dedu�t fram paymen�s on the Indebt�dness secured by fihis type
<br /> af Deed af Trus#; (3} a tax vn�his type of Deed of Trus��hargeable against the Lender or�he halder of�he Nofe;
<br /> and �4} a specific tax �n afl or any porkion of the Irtdebtedness or an payments af principal and intsrest made by
<br /> Trustvr.
<br /> 5ubsequent Taxes. If any�ax to which this sectivn app[ies is ena�ked subsequen�to �he date vf this Deed o�
<br /> Trust, this e�ent shal! ha�e�he same effeck as an EWerrk af Defau�t, and Lender may exerase any vr all of its
<br /> a�ailabie remedie.s for an E�ent of Default as pro�ided below un[ess Trustvr �rther �1} pays the tax be�'�re it
<br /> be�arnes delinquen�, or �2} oantes�s the tax as pra►rided abarre in the Taxes and Liens se�ivn and depvsits w�th
<br /> L.ender cash ar a sufficient oor�c3rate surety bond or a�her se�u�ty satisfac�vry to Lender.
<br /> SECURITY AGREEMENT; FINAN�ING STATEMENTS. The following pro�isions rela�ing to this Deed of Trusf as a
<br /> secu rity agreement are a pa r�of�h is Deed vf Tru st:
<br /> Secu�rity Agreernent. This instrument shall constitu�e a Sscurity Agreement to fhe �xten� any of the Property
<br /> constitutes fixtures, and Lender shall ha�e all af�he rights of a secured party under the [Jnifarm Camm�rcial Code
<br /> as amended�ram t�m�f4 time.
<br /> Security Interest. �pvn request by Lender, Trustor shall tak� whate�er acfian is requested by Lender to perfect
<br /> and cvntinue Lender's s�curity interes�in the P�rsonal Prvperty. In additian to recording this Deed 4f Trust in the
<br /> rea[ property recvrds, Lender may, at any time and wi�hout fur#her authoriza�ion from Trustor, file executed
<br /> counterparts, cv�ies or repror�uct�ons of #his Deed of Trus� as a f�nanc�ng sfatement. Trusfor shall reimburse
<br /> Lender far all expenses incurred in pe�fecfing �r continuing �his security interest. Upon defaul#, Trustor shalf na#
<br /> remo�e, se�er vr detach the Personal Property from �he Praperty. Upon default, Trustor shall assemble any
<br /> Pers�nal Property not affix�d t❑ th� Property in a rnanner and at a place reasonabfy �an�enient t❑ Trustor and
<br /> Lender and make it avaifable �o Lend�r►►v�thin three t3� days af�er receipf of wr�tten demand fr�m Lender�o the
<br /> extent permif�ed by appli�able law.
<br /> Addresses. The mai�ing addr�sses vf Trusfor �debtor} and Lender �secured par�y} from which infarma�ian
<br /> cancerning the securi�y interesf granfie� by�his Deed of Trust may b� ob�ained �each as requir�d hy the Un�form
<br /> Gommercial Cvde}are as stated on the firs#page of fhis Deed of Trus#.
<br /> FURTHER ASS�RANGES; ATTQRNEY-IN-FACT. Th� fa[fow�ng provisions re[ating fo furth�r assuran�es and
<br /> attvrney-in-fa�t ar�a part❑f this Deed of Trust:
<br /> Fu�ther Ass u ra n ces. A�any tirrte, and from�i me�v ti me, upvn reques�af Lender,Trustor wi I I make, execure and
<br /> de[��sr, or vv�ll cause ta�e made, execu�ed or deli�ere�,to Lender or ta Lende�`s designee, and when requested by
<br /> Lender, cause�a be f led, reoorded, ref led, or rere�a-ded, as the case may be, at such times and in such vffir.�es
<br /> and plaoes as Lender may deem apprapriate, any and a[I such mortgages, de�ds of trust, security d�eds, security
<br /> agreerr�errts, f�nancing sta�ements, ovntinua�ion statements, instrum�rrts af further assuranae, certificates, and
<br /> oth�r documer�s as may, i n the so[e vpi ni�n of Lende�, be ne�essary or desi rab�e�n ord�r to effec�uate, compl ete,
<br /> perfec�, cot�rtinue, or pres�rv� ['[} Trus�or's ot��ga�ions un�fer the hlote, this Deed af Trusfi, and fhe Re[aked
<br /> Documents, and ��} the[iens�nd se�uri�y�n�erests created by this D�eed vf Trus�as first and priflr liens on�he
<br /> Property, whether now owned vr herea#�er aoqui red by Trustvr. U�less prahi bited by law or L�der agrees to�he
<br /> corr�rary i n wri�i ng, Trustor shal� rei mburse Lender�for al I costs and ��ses incurred i n connec�i on wi t h �he
<br /> matters refemed ta in this paragra�h.
<br /> Attorney�in-Fac�. If Trustor fails to do any of the things referred�n in�he prececling paragraph, Lender rnay do sa
<br /> fvr ar�d in the name of Trus�or and a#Trustors expense. For suGh purposes, Trustor hereby irre�ocably appoints
<br /> Lender as Trus�or's attor-ney-in-fact f�r the purpose of making,execu#ing, deli�ering,filing, r�ording,and dving a[I
<br /> ather things as may be nec�essary ar desirabie, in Lender�s svl�opininn, t� aocamplish the matters referred ta in
<br /> the pr�c�ding paragraph.
<br /> F U LL P E RF Q RMA N C E, �f Trustor pays all �he I ndebfiedn�ss when due, and �th�wise perfvrms a[I the obf igatians
<br /> impo�d upon Trus�vr under �his Deed of Trus�, Lender sha[I execu�e and deli�er �� Tr-usfee a request far full
<br /> reoon�eyanoe and sha!I execuke and del i�er�o Trustor sui�able statements of termi nation�f any fi nana ng s�atement on
<br /> file e�idencang Lender's security�nterest in the Rerrts and�he Personal Property. Any reoon�eyance fee r�quired by[aw
<br /> shall be paid by Trus�or, if permitted by�pplicable iaw.
<br /> EVENTS �F DEFALILT. A� Lende�s�ian, Trustor wi11 be in default under�his Deed af Trust if any of th�fo[Iowing
<br /> happen:
<br /> Payment Default. Trus�v�fails fo make any payment when due under the Ind��tedn�ss.
<br /> Break ��her Prom�s�s. Trustor breaks any promise made to Lender or�ai[s�o perform promptfy at th�tim� and
<br /> sfri�tly in fihe manner pro�Ed�d in this D�ed vf Trust or in any agreement re[ated t❑this Deed of Trust.
<br /> Comp�iance Defaul�. Fai[ure to Gomply with any ❑ther terrn, obligat[vn, �a��nan� vr condition �an�ained in this
<br /> Qeed of Trust,�he Nvte ar in any of the Relate�Dvcumen�s,
<br /> Default on O�her Payments. Failure of Trustvr wi�hin �he tim� required by fhis Deed of Trust to make any payment
<br /> fvr taxes or insurance,or any other payment necessary to prev�n�filing of or to effect discharge af any lien.
<br /> De#au��in Fa�ar of Third Parties. 5hvuld Gran�or default under any [Qan, �xtensian of credit, security agreement,
<br /> purchase ar sales agreem�nt, ar any �fher agreemenfi, in fa�ar of any other cred�tor❑r persan that may maferiaf[y
<br /> affec� any o� Grantor`s property or G�-antvr's ability t� repay the Indebtedness or Gran�vr`s abilify to perf�rm
<br /> Grantvr's❑bligatians under this De�d of Trust ar any of the Re[ated Documen�s.
<br /> False Sta#Qments. Any representati�n�r statemen�made o�furnished ta Lender by Trustar or on Trustar`s behalf
<br /> under this Deed of Trust or the Related Dvcuments is false c�r misleading in any mat�ria! respe�t, ei�her nvw or at
<br /> �he time made ar fiurnished.
<br /> Def�cti�� Collateralizativn. This D�ed of Trust ❑r any of the Re[ated Documen�s ceases #o be in ful[ f�rce and
<br /> eff�ct tinclu�ling failure ❑f any c4!laferal dacumen�ta create a�a[id and perFec#ed security interest or lien} a�any
<br /> tim�and fa r any reasan.
<br /> Death or�nso[��ncy. The death af Trustar, the �nsolvency af Trustvr,�he appoin�ment�f a rec�i�er for any part of
<br /> Trustor's property, any assignmenf far the benefif of credi�ors, any fype of creditor workout, or the
<br /> cvmmencemen�vf any prviceeding under any bankruptcy ar insvlvency laws k�y or against Trustvr,
<br /> Taking af�he Rroperty. Any credi�or vr gv��mmen�a[ agency �ries to �ake any of the Property ar any oth�r �f
<br /> Trus�or's praperty in whi�h Lender has a lien. This in�ludes taking of, garnishing of �r [��ying �n Trust4r's
<br /> acc�un�s wi�h Lender. Hnwe��r, ifi Trustor disputes in govd faith whether the �[aim on rivhich the tak�ng vf the
<br /> Property is based is �alid or reasonable, and �f Trus�or gives Lender written notice of �he claim and furnishes
<br /> Lend�r wi�h manies�r a surety bond sat[sfa�t�ry#a Lender to satisfy fhe�laim, then this defaul�pro�ision wiil n��
<br /> apply.
<br /> Breach.�f�ther Agreement. Any breach by Trustor under�he�erms of any a�her agr�ement betw�en Trus�or and
<br /> Lender that is nofi rernedied within any grac� p�riad prn�ided th�rein, in�luding withaut limi�ation any agreemen�
<br /> cancerning any ind�b�edness or other obligation of Trusfivr to Lender,whether existing n�w or[ater.
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