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<br /> DEED �F TRUST
<br /> Lvan IVo: 'I 4�25�313 {�orn�inued� Page 5
<br /> SE�URITY AGREEiI11ENT; F�NAN�ING STATEMENTS, Th� f�llawing provis9ans relating to this D�ed af Trust as a
<br /> security agreement are a part�f this Deed vf Trust:
<br /> Security Agreem�nt. This instrurnen� shall constitute a Security Agreement �o the extent any vf the Pr�perty
<br /> cons�itutes �ixtur�s, and L�nder sha�! ha�e all Qf the righ�s �f a secured party under�he Un�fa�m Cammercial �ade
<br /> as amended�rom time�a��me.
<br /> Security In��res�. LJpan request by Lender, Trustor shall take whate�er act�on is requ�sted by Lender to psrfect
<br /> and continue Lender's security interest in the Persona! Pr�perty. In addition to recording �his Deed �f Trus� in th�
<br /> real property records, Lender may, at any time and without fiurther authori�ation from Trus�or, file executed
<br /> caunterparts, copies or reproduGtions of �this Deed af Trust as a financing statemen�. Trust�r shall reimburse
<br /> Lender for all expenses incurr�d in perfecting or continuing this securifiy interest, Upon default, Trus�or shall not
<br /> remove. sever ar d��ach the Personal Praperty from the Praperty. L1pan defau{t, Trustor shal� assemble any
<br /> Persvnal Property no� affixed �o the Property in a mann�r and at � place reasonably can�enient to Trustor and
<br /> Lender and make it a�ai�able t❑ Lender within three �3� �lays af�er receipt of writ��n demand �ram Lender to the
<br /> ex�ent permitted by applicable Iaw.
<br /> �Iddresses. The m�iling address�s of Trus�or �debtarf and Lender �secured partyy frflm which in�ormation
<br /> concerning the security interest granted �y this Deed �fi Trus�C may be abtained teach as required by the LJni�fo�-m
<br /> ��mmer�iai Code} are as stated on the first page o�f�his Deed a�Trust.
<br /> FURTHER ASSURANCES; ATT�F�NE'�-IN-FACT. The �allawing provisivns relat�ng to further assurances and
<br /> attorney-in-fact ar�a part of this Deed o�Trust:
<br /> Further Assu�an�es. At any time, and from�ime �a time, upvn request af Len�er, Trus�vr will make, execute and
<br /> d�li�er, �r will�ause ta be made, exe�uted ❑r delivered, to L�nder or ta Lender's desEgnee, and when requeste� by
<br /> L�nder, caus� �o be �iled, rec�rded, r�filed, ❑r rere��rded, as the case may be, at such times and in such offices
<br /> and places as Lender may deem apprapriate, any and all such mnr�tgages, deeds �f trusY. security deeds, security
<br /> agr�ements, �inancing statemen�s, cantinuat3vn statemen�s, instruments ❑f further assurance, certifi�ates, and
<br /> vther d�cuments as may, �n�he sole opinion of Lender, be necessary vr desirab�� in order ta�ffectua�e, camplete,
<br /> perfect, can�inue, or preserve {1} Trustvr's obligatians under �he Note, this ❑eed vf Trus�, and the Related
<br /> Dv�uments, an� {�} the [iens and security interests created hy this ❑eed af Trust as �irs� and prior li�ns ❑n the
<br /> Praperty, wh�ther naw awned or hereaftgr a�quired by Trustor. lJn�ess prvhibited �y iaw ar Lender agrees to �he
<br /> contrary in writing, Trust�r shall reimburse Lender �vr all cvs�s and expenses incurred in connection v►rith �he
<br /> matters refierred t❑ in this paragraph,
<br /> Attorney,in-Fact. If Trustor fails to do any Q�f the�hings referred to in the preceding paragraph, Lender may do sQ
<br /> for and En the name of Trustor and at Trustor's expense. For such purposes, Trus�or h�reby irre�ocably appoints
<br /> Lender as Trustor's att�rney-in-fact#or the purpose af making, e�ecu�ting, delivering, fiiing, recordin�, and doEng all
<br /> . vther things as may be ne��ssary�r desirabl�, in Lender's sole apinion, ta accomplish the matters referred to in
<br /> the preceding paragraph.
<br /> FULL PERFORMANCE. [f Trus�or pays all �th� Indebtedness, including withaut limitatian all future adWances, when due,
<br /> and ❑therwis� perfiorms a[I �he �bligatians impased upan Trustar under this Deed Qf Trust, Lender shalf axecute and
<br /> deli�er t❑ Trustee a request for full r�con�eyance and shall ex��ute and deli�er �ta Trustor suita�le statements of
<br /> �ermEnation of any financing s�a�emen� on f�le evid�ncing Lender's securi�y in�erest in �he Rents and the Persanal
<br /> Prvperty. Any reconveyance fee required by law shall be paid hy Trustflr, if permitted by applicable law.
<br /> aEFAULT. At Lender's option,Trustor will be in default under th�s Deed of Trust if any o�F the folloWing happen:
<br /> Fraud �r Ma�terial Misrepresentatifln, T�-ustor commits fraud �r materia� rnisrep�esentation in connec�fion with the
<br /> terrns of the fVote.
<br /> Paym�nt De�ault. Trus�ar fails tv meet the repayment terms af the iVofie�or any autstanding balance.
<br /> Other Defaults. Trustor's act or �ailure to act a�versely aff�cts Lender's secu�ity interes�t in the Praperty, or any
<br /> right Q�Lender's in such s�curity.
<br /> Right to�ure. l�any defaul�, other than a default in payment, is �urable and if Trustor has nat been given a no�tic�
<br /> of a breach af�h�seme provision vf this Deed of Trust wi�h�n the pre�eding fiwel�e {1�} man�ths, it may be cured if
<br /> Trustor, a�Fter Lend�r sends►rvritten notic��a Trustor demanding cure❑f such default; ��y cu�es the defaul�within
<br /> ten �1 qy days; ar �2y if th� cure requires more than ten {��} days,immediat�ly ini�iates steps whi�h L�nder deems
<br /> in Lender`s so[e discre�ion to be suffici�n��a cure�he de�ault and�hereafter cvn�inues and completes all reason�b�e
<br /> and ne�essary steps sufficient�o produce camplianGe as soon as reasonab�y pra�tical,
<br /> RIGHTS AN❑ REMEDiES �N aEFALlLT. If an Event of Default occurs under this ❑eed of Trust, at any�ime thereafter,
<br /> Trustee or Lender may exercise any one or mare❑f the�ollQwing righ�s and remedi�s:
<br /> A�celeration Upon Defaul�;Addit�vnal Remedies. If any E�ent of E�e�ault oc�urs as per the terms of the [Vate
<br /> se�ured h�rehy, L�nder may d�clare al[ Indebtedness secured by this De�d ❑f Trust tv be due and payable and
<br /> the same shall thereupon become due and payable without any presen�ment, demand, pr�tes�or no�ice of any
<br /> I�ind. Thereafter, Lender may:
<br /> �af Ei�her in pers�n ❑r by agent, wi�h or v�rithout bringing any act�on or prvc��ding, or by a receiver
<br />
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