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��15��83� �EEID �� TRLJST Loan No: '�0'1�898�� ontinu�d� Page 5 Deed a# Trust �r up�n a[I �r any part o�F�he Indebtedness secured by this ❑eed of Trust; ��} a specific tax on F3orrower which Borrower is authorized ar required �ko dedu�t from payments an the Indebt�dness secured by this typ� ❑f aeed of Trust; �3} a tax on this type of Deed of Trust chargeable against�he Lender or the ho[�er of the Note; and {4} a specifi� �ax on al� �r any por�ion of the Indebt�dness or an payments of principal and interes� made by Barrawer. Subsequent Taxes. If any tax to wh�ch this �ectian applies is enaGted subsequent to the date af this ��d o� Trust, this �v�nt shall have the same efi�ec� as an Event of ❑e�aul�, and Lender may exer�ise any or a[I of its a�ailabl� remedies for an Event of D�fault as pro�ided below unless Trust�r either ��} pays the tax before i� be�omes delinquent, �r �� ontests�he tax as pra�ided above in the Taxes and Liens section and deposits wi�fh Lender cash ar a sufficient�orporat�surety bond or v�h�r security satisfactory�o Lender. SE�URITY AGREEMENT'; FINANCIIVG STATEMENTS. The fvllawing pra�Esians relating to this Deed of Trust as a security agreement are a part of this ❑�ed af Trust: SeGurity �►gre�men�. This ins�rument shal� constitute a Security Agreement �o the exten�t any of the Property constitutes fixtures, and Lend�r shaf! have alI ❑f�he rights of a secured party under the Uniform Commercial Code as amended �rorn time t�time. Security ln�kerest. �pon request by Lender, Trust�r shal[ take whate�er activn is requested by L�nder ta perfect and cantinue Lender's security in�erest in the Persanal Prvperty, ln addition to reca�ding this Deed of Trust in the real praperty records, Lender may, a� any t�me an� withaut further authoriza�tion from Trustvr, file executed counte�parts, copi�s or reproductians a� this Deed of Trust as a �inancing statement. Trustor shall reimburse Lend�r '�or all exp�nses incurred in per�ecting or con�inuing this se�urity interest. Upon default, Trus�or shall not remo�e, se��r ar deta�h �he Personal Prape�-t� from �he Prope�ty. Upon defau�t. Trustor sha�l ass�mble any Personal Praperty no� affixed �o �khe Property in a manne� and at a place reasonably convenient to Trustor and Lender and make it avai�able �o Lender within three �3� days after re��ipt afi written demand from Lender ta �he extent permitted by app�i�abl� law. ►4ddresses. The rnailing addresses of Trustar {debtory and Lender {secured party) frvm which infi�rmativn can�erning �he security interest yranted by this Deed of Trust may be abtained {each as required by the Uni�orm �ommercial �ode� are as stated�n th� first page of this Deed of Trust. FURTHER 1�5SURANCES; ATT�RNEY-jN-FACT. The �allowing pro�isions relatEng t� �urther assurances and attorney-in-fact are a part af this❑e�d�f Trust: Further Assuran�es. At any tirne, and frarn time fia time� upon �equest of Lender, Trustor will make, �xe�ute and del�ver, ar will cause ta be made,�xecuted or d�li�ered, ta Lender or to Lender`s designee, and when requested by Lender, cause to b� filed, recorded, refi[ed, or rere�ord�d, as the �ase may be, at such times and in such a�Fices and places as L�nder may�eem appropria�e, any and all such mor�gages, deeds of�rust, secu�ity deeds, security agreements, finan�in� statements, continua�ion statements, ins�rum�nts vf further assuranGe, �ertifEcates. and � v�her doGumen�s as may, in the sole opinion af Lsnder, be necessary or desirable in arder to effectuate, �omplefe, per�ect, continue� ar preser�e {�� gorrawer's and Trus�or's �bligations under�he Note, this Deed vf Trust, and the Reiated Do�uments, and �2y the liens and security interes�s created by�his Qeed of Trust as first and privr [iens an the Property, v�rh�ther n�w owned nr h�reaf�er acquired by Trustor. lJnl�ss prahibited by !aw �r Lender agrees t� the cvn�rary in writing, Trustor shall reirnburse Lender for all costs and �xpenses incurred in conne�tian with the matters referred to�n�his paragraph. Attorn�y-in�Fact. If Trustar fails t�do any of the thtngs re�erred to in�he pr�ceding paragraph, Lend�r may dn so far and in the name of Trustar and at Trustor's exp�nse. For such purp�ses, Trustor here�y irre�rocab�y appaints Lend�r as Trustar`s attorney-in-fa�t�ar the purpose af making, execu�ing, de�ivering, filing, recarding, and daing all ather things as may be necessary or desirable, in Lender's s�Ie npinion, to accompiish the matters ref�rred to in the preceding paragraph. FULL PERF�RMANCE. If Borrower and Trustor pay a�l the Indebtednes5, including without limitatian all fu�ur� advances, when due, and Trustor otherwise perfarms al�the a�ligations imposed upon Trust�r under this Deed of Trus�, Lender shali exeeute and deli�er to Trustee a request far full recon�eyan�e and shall exe�ute and de[i�er �a Trustor suitable statem�nts �f�erminati�n flf any finan�ing sfa�ernent on file e�idencing Lender's securi�y interes�t in th� Rents and the Persona� Praper�y. Any rec�nWeyance fe� required by lar�v shall be paid by Trusfor, i�F permit�ed by applicab[e law. EVENTS ❑F DEFAULT. At L�nder's op�iQn, Trustor will be in de�ault under this Deed of Trust if any vf the follow3ng happen: Payment Default. Borrower fails�o rnake any paymen�when due under the lndebtedness. 6reak��her Promises. g�rrawer or Trus�or br�aks any pr�mise made ta Len�er ar fiails to p�r#orm prvmptly at the tirne and stricfly in�he manner pro�ided in this Deed a�Trusf�r in any agreement related to this Deed af Trust. Ctimp�ian�e �efault. Failure ta comply wi�th any ather terrn, ohliga�i�n, covenan� ar condition cantained in �his Deed af Trust, the Note or in any a��the Related Docurnents, Default on Other Payments. Failure of Trustar within the�ime required by this Deed v�F Trust to make any payrnen� far�taxes or insurance, �r any other payrnent necessary to pre�enf�iling of or fo effect discharge of any lien. r