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2� 15�8499
<br /> ���� �� �����
<br /> ����t[�ued� �age �
<br /> Trustor which Trustar is author�zed or r�quired to deduc#fram payments on the lndebtedness secured by this type
<br /> of Deed of Trust; �3} a tax on this�ype of Deed o�F Trust chargeable against the Lender or the h��der o�the Cred�t
<br /> Agreemen�; and �4} a specific tax on ali or any portion of the �nde��edness or on payments af prin�ipal and
<br /> interest made by Trustor.
<br /> Subsequ��� Taxes. lf any tax �o which this section applies is enacted subsequent to the date o�' this Deed of
<br /> Trust, this event shali have �he same effect as an E�ent af Default, and Lender may exe�-cise any or ail of its
<br /> a�aiiable remedies f�r an E�ent �f Defau�t as pra�ided belo�rv unless Trus�or either �1} pays the tax before i�
<br /> becomes delinquen�, or [2} contes�s the�ax as pro��ded abave in the Taxes and Liens section and d�pos�ts w�th
<br /> Lender cash or a sufficient corp�ra�e sure�y band ar o�her securi�y sa�isfac�ory to Lender.
<br /> SECLIRITY AGREEMENT; F�NANCING STATEMENTS. The fallowing pro�isions rela�ing t❑ �his [7eed of Trust as�a
<br /> security agreement are a part of#h�s Deed ofi Trust: �
<br /> Securi#y Agreement. This ins#rumen� shall cor�stitu�e a Security Agreemen� �a the extenfi any o� th� Proper�y
<br /> cansti�utes fixtur�s, and Lender shall ha�e all of the r�ghts af a secured party under the Uni�orm CammerG�al Code
<br /> as amended�rorn�im�to�ime.
<br /> Securii�y �nterest. Upon reques� by Lender, Trus�or sha�� take wha�e�e�action is requested by Lender �o perfec�
<br /> and continue Len�fer's secur��y int�rest in the Personal Proper�y. In addition �o recording this De�d of Trust in �he
<br /> rea� prape�ty records, Lender may, at any time and withau# further authori�a�ion fram Trus�vr, file executed
<br /> �oun�erparts, copies or repr�ductions of �his Deed o� Trust as a �inancing s#atemen�. Trustor sh�i1 reimburse
<br /> Lender fa€�alf expenses in�urred in per�ecting ar continuing �his se�urity interest. Llpon default, Trust�r shail not
<br /> remo�e, sever o� detach th� Persona! Proper�y fram the Prop��y. �pon defauit, Trustor shail assembie any
<br /> Personal Property nat aff'ixed �o tne Property in a manner and a� a place reasonably can�enien� to Trustor and
<br /> L�nder and make i�a�aiiable to Lender within three �3} days a�ter receipt of writ�en demand from Lender ta the
<br /> �xtent permi�ted by app�icable law.
<br /> A�dresses. The mailing addr�sses of Trustor �deb#or} and Lender �secur�d party} fram whi�h in�ormatio�
<br /> concerning the secu�-i�y inter�st granted by this Deed af Trust may he obtained �each as r�quired by�he Uniform
<br /> �ommercia�Code}are as�ta�ed on the fr�st page o��his Deed❑�Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-�N-FACT. The following pro�isians relating �o fur�her assurances and
<br /> a�torney-in-fiac�are a part of this❑eed of Trust:
<br /> �ur�her Assuran�es. At any time, and from t�me to time, upon reques�of Lende�-, Trust�r wi�l make, execute and
<br /> deliver, or will cause to be made,execu�ed or deli�ered, �o Lender or to Lender's designee, and when requested by
<br /> Lender, cause ta b�fi�ed, recorded, refled, or rerecarded, as the case may be, a� such times and in su�h offices
<br /> and pla�es as Lender may deem appropriate, any and all such mortgages, deeds o��rust, security d�eds, security
<br /> a�reements, financing statements, con�inuation statements, instruments of furth�r assurance, �ertificates, and
<br /> ❑ther dacum�nts as may, �n th�sole opinion of Lender, be necessary or desira�le in orde�to effe�tuate, �omplete,
<br /> perfect, con��nue, or presenre ��} Trustar's abliga�ions under th� Credi�Agreement, #his De�d of Trust, and�he
<br /> Rela�ed Documen�s, and �2} the liens and security inter-ests �rea�ed by this Deed of Trust on the Property,
<br /> whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the cantrary�n
<br /> writing, Trustor shali reimburse Lender for all cos�s and expenses incurred in cannection with the matters referred
<br /> to in this paragraph.
<br /> Attorn�y�in-Fact, If Trusto�fails tt� do any of the thin�s r��erred �a in fihe preced�ng paragraph, Lender may do s�
<br /> far�and in the name a�Trus�or and af Trustor's expense. For such purposes, Trustor hereby irre�ocably appflints
<br /> Lender as Trustor's atto�'n�y-in-fact far the purpose a�making,executing, de�i�ering, filing, recording, and doing a��
<br /> o#h�r things as may be necessary or desirable, in L�nder's s�l� opinion, to accomplish the matters refe�r�d �o �n
<br /> the pre�eding paragraph.
<br /> FULL PERFflRMANCE. If Trustor pays ail the �r�debtedness when due, terminates the credi�line accoun�, and atherwise
<br /> pe�-farms all �he obliga�ions imposed upan Trus�or under this ❑eed of Trust, Lender shal� exe�u�e and deli�er to Trus��e
<br /> a request f�r fuli �-ecan�eyanee and shall execute and deli�er to Trus�or suifable sta�ements a# te�-minatifln o� any
<br /> financing sta�ement on fi�e e�i�encing Lender's security in�erest in the Rents and the Persvnal Property. Any
<br /> ��con�eyance f�e required by iaw�hal� be paid by Tr�us#ar, if permitted by applicable law.
<br /> EVENTS 4F DEFA�LT. Trustor will be in default under this Deed of Trus�if any of the�ollowing happen: �A} Trustor
<br /> commits fraud or makes a material misrepresentat�on at any time in �onnec�ion with th� Credi�Agreement. This can
<br /> include, fpr example, a false statement abou� Trustor's income, asse�s, fiabili��es, or any o�her aspects of Trustor's
<br /> fnancial �ondition. �g) T�ustor does not meet the r�payment�erms af�he Credit Agreement. �C} Trustor's actian or
<br /> inactivn ad�ersely aff�cts the co�laterai o� Lender`s rights in the col�a��ral. This can includ�, for �xamp�e, failure �v
<br /> ma�n�a�n �equired insurance, waste or destructive us�af the dwelling, failu�e ta pay tax�s,death o#ail p�rsons liabie on
<br /> the account, transf�;t� of �itle �r sale of �he dvuelling, creation of a s�nior lien on the dwel�ing wi�haut Lender`s
<br /> p�rmission,foreclosure by the holder o�anather lien, ar�he use af funds or the dwelling for proh�bi�ed purposes.
<br /> R1GHT5 AND REMEDIES �N DEFAUL,T. lf an �vent o�❑e�au��o�curs unde�#his Deed of Trust, a#any time ther�after,
<br /> Truste�ar Lender may exe�-cise any one or more of�he fo�iovving rights and remedies:
<br /> Accelera�ion Upon De�aul�; Additivna� Remedies. [�any E�en�of Defaul�❑ccurs as per th�terms of the Cr-edi�
<br /> Agreement secured hereby, Lende�may dec�are all [ndebtedness secured by th€s ❑eed o�Trust�a be due and
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