��1 5�6� 1 4
<br /> �]EE� �F T'�UST .
<br /> ����7t��u�d� I���e 4
<br /> as am�nded fram time ta time.
<br /> Security Intere�#. Upan reques� by Lender, Trustor shall take whateWer aci�ian is requested by Lender to perfect
<br /> and continue Lender's secur�#y interes�in the Rents and Pe�sonai Praperty. !n addition �o recording �his ❑eed of
<br /> Trus� in �he r�a� p�operty re�vrds, Lender may, at any time and w�thou� �urther authorizativn frarn �ru5t��, file
<br /> execu�ed count�rparts, capies or repr�ductions vf th�s ❑e�d v� Trust as a financing statement. Trustor shall
<br /> reimburse Lender far a[I expenses incurred tn pe�ec�ing or confi�nuing �his securi�y interest. Upon defauli�,Trus�or
<br /> sha11 not remove, s��er or de�ach the Persanal Property frvm the Property. Upan defau[�, Trustor shall assemble
<br /> any Persvnal Praperty n�t affixed ta the Property in a manner and at a p�ace reasonably con�enient tv Trustar and
<br /> Lender and make it a�ai�ab�e t� Lender rrvithin three �3} days af�er receipt of written dernand fram Lender to the
<br /> extent permi�ted by appl'€cab�e law.
<br /> Addresses. The maiEing addresses �f Trustar �debtar} and Lender �secured parfy} fram which information
<br /> concerning the security in#erest granted by this Deed of Trust may be obtained ��ach as required by the Un�form
<br /> Gommercial Cadey are as stated on the first page vf this Deed vf T�ust.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN�FACT. The fvllowing pra�isivns re�ating �o further assurances and
<br /> attarney-in--fact are a part vf this❑eed a�Trust:
<br /> Furthe�Assuranc�s, At any time, and from time�o tim�, upan reque.st of Lender,Trustor wi11 rnake, ex�c�rta and
<br /> deli�er, ar wi11 c�use�o be made,executed or de[i�ered,to L�nder or to Len�ier�s designee,and when requested by
<br /> Lender, cause tv be fled, recarded, refiled, ar r�recarded, as the rase may be, at such�imes and in such offices
<br /> and piaoes as Lender may deem apprvpriate,any and al1 such mor�gages, dee�s af trus�, security deeds, security
<br /> agreements, financ�ng s�at�ments, continuatian statemen�s, insfirurnents of �urther assurance, �ertifcates, and
<br /> other docurr�en�s as may, in the so�e opin[on��l_ender,i�e neoe�ssary❑r c9esirabEP in nrder ta ef�ecttaate, oomplete,
<br /> perf�ct, c�ntinu�, ar pr�serve �1� Trusto�'s ❑b�iga�ions under the Note� �his Deed nf Trust, and fihe Related
<br /> �acumen�sr and �2} #he liens and securi'�}�interests created�y thi�Cleeci vf Trust as f rst and prior liens on�he
<br /> Prape�y,whether now av�med ar hereafter acquired by Trustar. Llnless prohibited by law vr Lender agrees to the
<br /> oontrary in writ�ng, Trustar shall r�eimburse Lender for all cvsfis and expenses rncurred in connection with the
<br /> matters re��rred to in�his paragraph.
<br /> A�tvrney-in-Fa��. !�Trust�r�aiEs�v do any o�the thin�s raferred ta in the preceding paragraph, Lender may dv so
<br /> �or and in the name vf Trustor and at Trusto�'s expense. FQr such purposesr Tru��or hereby irrevocab�y app�ints
<br /> Lender as Trustar's attQrney-in-fact for the purpase o�making,executing,d�livering,ftiing, recarding,and doing a�l
<br /> oi�h�r�hings as may be neoessary or desirable, �n L�nder�s sole opinion, to acc�mplish fh� matters referred to in
<br /> the preceding paragraph.
<br /> FULL PERF�RMANCE. If Trus#or pays all �he lndebtedness when due, and otherwise performs ail the abiigatians
<br /> i mpased upon Trustor under th is �d o� Trus�, Lender shal I exe�u�e and def iv�r ta Trustee a request �or �u��
<br /> reoon�eyanr�and shall execute and deli�er to Trustor suitab�e s�ta�ements of termina�ion o�any fin�ncing statemenfi an
<br /> file e�dencing Lender's security interest in�he Ren�s and the Personaf Prope�y. Any reoon�eyance fee required by law
<br /> sha[�be paid by Trustor,ff permitted by appli�abfe iaw.
<br /> EVENTS DF DEFAULT. Each of�he fa�lawing, a� Lender's vptian, shall cons#itut� an Even�of D��ault under thi� ❑eed
<br /> a�Trust:
<br /> Payment Oefa�lt. Trustor fails�o make any pa�rment when du�under the lndebtedn�ss_
<br /> �ther Defaulfs. Trustor �ai�s �Q �omply with or tv perfvrm any other term, vbliga�ion, cavenan� or condi��on
<br /> contained in th�s ❑eed ❑f Trust ❑r in any o€ the Relat�d Qocumen�s or to campfy with or t❑ perfnrm any term,
<br /> abligativn,covenan�Q�cvndi#ivn�on�ained in any ather a�reernent be�reen Lender and Trustor.
<br /> Carnpiiance Qe��uC�. Failure to camp�y with any a�her �erm, ❑bligation, ca�enan� or candition cnntained in thiS
<br /> ❑eed a�Trust,the Nvte❑r in any❑�the Re�ated ancurnen�s.
<br /> ❑e�au[�on�ther Pa�mer��s. Failure af Trus�v�within the#ime required by this Deed of Trus�to make any payment
<br /> for taxes❑r insurance,or any ofher paym�nt ne�essary t❑ �re�ent filing of or tv effect dEscharge af any I��n.
<br /> ❑�faul�in Favvr of Third Par�ies. Shvuid Grantvr default under an�r Ivan, extension of credit, security agreernent,
<br /> pur�hase ar sales agreernenf, vr any Qther agreement, in fa�ar vf any othe�creditor or persvn that may rnateria[ly
<br /> affec� any ❑� Grantar-'s proper�y or Gran�or's ab�lity t❑ �epa� the �ndebtedness ar Grantor'� abi�ity to perfarrn
<br /> Grant�r's ab�iga�ivns under this�eed Qf Trust or any of the R�Eated Dacur�ents.
<br /> Fa[se Statemen�s. Any warran�y, representation or statement made or furnished to Lender by Trusto� ar on
<br /> Trustor`s b�half und�r this Deed o�Trust ar the Refat�d aar:uR�enls is false❑r misleading in any ma�e�'ia� respec�,
<br /> either naw or at the time made or furnish�d vr becames fa�se or mis�eading a�any time thereafter.
<br /> �efective Col[ateralizativn. This Deed of Trust or any of the Related Documen�s caases to be in full force and
<br /> effect �including �ailure o�any cailatera! dacumen�to cr�ate a�alid and pertacted se�uri�y interes�or lien} at any
<br /> t€me and for any reasan.
<br /> Death ar lnsalvency. The death vf Trustor,the insalven�y o�Trustor,the appointment o�a�-eceiver�vr any�a�Qr
<br /> Yrustar's praper�y, any assignmen� for the benefit ❑� creditnrs, any type a� credi�or workout, or th�
<br /> cvmmenceme�t�f any proceeding under any bankrupt�y or insol�ency laws by�r agains�Trustor.
<br /> Cred�tor vr Forfeifiure Praceed9ngs. Comrn�ncement❑f forec[osure ❑r�v�feiture praceedin�s, whether hy jud�cial
<br /> pr�ceeding,self�help,repasssss�on vr any vther methad, by any cred'€�or of Trus�or or by any go�ernmenta�agency
<br /> agains� any property s�curing �h� Indebtedness. This includes a garnishment ❑� any o� Trustor`s accoun�s,
<br /> including deposi# ac�aun�s, with Lender. Howe�er, this E�ent of Default shalf not apply if�here is a gaod fai�h
<br /> dispute by Trustor as to the�alidi�y ❑r reasonabl�ness o�the claim which is the basis of the creditor ar far�ei�ure
<br /> praceeding and if Trustvr g�ve� Lend�r writt�n notiGe Qf the creditar or�orfe�ture proceeding and depasits with
<br /> Lender monies nr a sur�ty bond for the creditar or�Q�Feiture prviceeding,in an amount determined by Ler�der, in its
<br /> sale discretion,as being an adequate reserv�ar bond fvr thc dispute.
<br /> Breach❑f C]�her A�re�men�. Any hreach hy Trustor under the terms of any ather agreement betwe�n Trustor and
<br /> Lender tha�is nat remedied with�n any g�ace perEod pra�ided therein, including withQu� limi#atian any agreement
<br /> conc�rning any Endeb�edness a�-o�her ohiiga�ion af Trustar tv L�nder,whether existing naw or la�er.
<br /> Events Affecting Guarantar, Any�f the preGeding e�ents occurs with respect�� any guaran�or, endorser,sur��y,
<br /> vr a�c�rr►mada�ion par�y a�F any af fihe ind�b�edness ar any guarantor, endorser, sureiy, or accommodatian pa3-ty
<br /> di�s or bec�mes incvmpetent, �r revokes or dispu�es the v��idity of, ❑r liability unde�-, any Guaranty vf the
<br /> lndeb�edness.
<br /> Ad�e�rs� �hang�. A material adverse change occurs in T'rustor's finanG€ai c,andition, ar Lender P�efieves �he
<br /> prospect of paym�nt or p�rfvrmance Qf the Indebtedness is impaired.
<br /> insecuri��. Lender in g�od fai�h believes itself insecure.
<br /> 1�1�H��A3V D REM E�1 ES DN D E FAU LT. if an Even'�of C3�fault occurs under th is C�eed o��rus�, a�any�i me�hereafter,
<br /> `Trustee o�Lender rr��exercis�any�ne vr mo�-e af the fc�llowing righ�s and reme�lies:
<br /> Acce�eration �Jpvn�7e�aul�;Additional Remedies. �f any E�en�o��efault occurs as pe�the terrns o��he Nat�
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