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2� 1 �� 1 �25
<br /> DEED �F TRUST
<br /> Loan N�: 'i U'I 293�86 �Contxnu�d� Page �
<br /> Addresses. The mail�ng addresses �f Trustor �debtarf and Lender �secured par�y} �rom which informa�ion
<br /> concerning the security inter�st granted by �his Deed afi Trus� may be ❑htained �each as required by the Uni�orm
<br /> Gommercial Code} are as s�afied on the#irs�page v�thEs Deed of Trust.
<br /> FURTHER ASSURANCES; ATTC3RNEY-iN-FA�T. The �allowing pro�isions relating to further assurances and
<br /> a��orney-in-�act are a part of this Deed a�Trust:
<br /> Further Assurances. At any time, and �rom �ime tv time, upon requ�s'� of Lender, T�-ustar will make, execute and
<br /> deli��r� ar wi�l cause ta be mad�, executed or deli�e�ed, to Lender❑r ta Lender's designee, and when requested by
<br /> Lender, cause to be filed, recorded, re�i�ed, �r rerecvrded, as the Case may be, a� su�h times and in such o��ices
<br /> and places as Lender may deem appropr�a�e, any and a!� such mortgages, deeds af�rus#, security deeds, security
<br /> agreements, financing statements, cvn�inuation statements, �nstrumen'ts af fur�her assurance, certifica�es, and
<br /> ❑�her dncum�nts as may, in the so[e apinivn o�Lender, be necessary or desirah[e in ❑rder tv effiectuate, cvmple�te,
<br /> perfec#, �ontinue, or preser�e ��} Barrawer's and Trus#ar's obf�gativns under the N�te, #his ❑eed ❑#Trust, and
<br /> the Re�ated ❑ocuments� and �2� �he liens and se�uri�y interests c�ea�ed by �his Deed ❑f Trust as tirst and pri�r
<br /> liens on the Prop�rty, whe�her now owned or herea�ter acquired by Trustor. Un[ess prahibited by iaw ar Lender
<br /> agrees to the contrary in writing, Trustor sha[l reimburs� Lender for a[[ cvsts and expenses incurred in �onnec�ion
<br /> with the matters referred t� in this paragraph.
<br /> Attvrney-in-Fact. �f Trust�r fails �o do any a#the things re�erred to in the preceding para�raph, Lender may d❑ so
<br /> far and in the name vf Trusto� and at Trusto�-'s expense. For su�h pu�-poses, Trustor hereby irreWocably appoints
<br /> Lender as Trustor's atto�ney-in--�act�or the purpose v�making, exe�ut�ng, de[i�ering, filing, re�vrding, and doing all
<br /> vther things as may be necessa�y or desirable, in Lender`s sole opinian, to accvmp[ish the ma�ters r��erred t❑ in
<br /> the preceding paragraph.
<br /> FULL PERFORMANCE. 1f B�rrower and T�usfior pay all the lndebt�dness, including wi�haut [imitativn all fu�ure
<br /> ad�ances, when due, and Trus�ar a�herwise performs a��the vb[igations imposed up�n Trustor under this ❑eed o#Trust,
<br /> Lender shall execute and defEve� �v Trus�ee a request for full rec�n��yanc� and shali execu�e and deli�er tn Trus�or
<br /> suitabie sta#ements of�erminafi�on of any financing statement on file e�idencing Lender's security �nteres� in �he Rents
<br /> and th� Personal Praperty. Any recon�eyance fee required by [aw sha�l be paid by Trus�ar� i� permitted by appliCable
<br /> law.
<br /> EVENTS �F DEFAULT, Each o�F�he follvwing� at Lender's option, shall constitu�e an E�ent of ❑efault under this Deed
<br /> af Trust:
<br /> Payment Default. Borr�wer fails tv make any payment when due unde�the �ndeb�edness.
<br /> Dther Defaults. Bo��ower or Trustor fa�ls to cvmp[y w�th or to perform any �ther �erm, ❑bligation, coWenan# ar
<br /> �anditian confiained in#his Deed ❑t Trust❑r in any ❑f the Rela#ed Dacuments ❑r to comp[y wi�h o�-�a per�arm any
<br /> term, ab[igatEan, co�enant or conditivn c�ntained in any other agreement between Lender and Bvrrowsr ar Trus�or.
<br /> Cvmp�iance De�auIt. Failure to comp[y wi�h any v�her term, obl�gation, co�enant or candi#ivn contained in �his
<br /> Deed of Trust,the Note or En any of the R��ated Dacuments.
<br /> Default on�thQr Paymen#s. Failure af Trus�or within the time requir�d by th�s Deed of Trus�to make any payment
<br /> for taxes or insurance, vr any ather paym�nt necessary�o pre�ent filing of or t�e��ect discharge of any i�en.
<br /> False 5#a#ements. Any warranty, represen�ation or statement made or furnished ta Lender by garrower or Trust�r
<br /> �r on Borrower's �r T�us�or's behalf under this Deed o# Trust vr �he Re[ated Dacuments is false or misleading in
<br /> any materiaE respect, �ither now or at the time made ar �urnished or becom�s false or mis�eading at any time
<br /> thereafrer.
<br /> Defective Collateralizat�on. This Deed of Trust or any �fi the Related Documents ceases tv be in full to�-ce and
<br /> ef�ect �inc�uding �ailure o� any collatera� document to create a �alid and perfected security in�erest vr lien� at any
<br /> time and�or any reasvn.
<br /> Death or Insolvency. The dea�h af Bar�vwer or Trustvr, the insol�ency❑f Barrower❑r Trustor, the appointment ot
<br /> a r�ceiver for any par#a�B�rrower's vr Trustor's praperty, any assignment for the benefi�of creditors, any type of
<br /> creditar workvut, ar the cvmm�ncement of any proceeding und�r any bankruptcy or inso���n�y [aws by ar against
<br /> Borrawer or Trusfior.
<br /> Cred��or or Forfei#ure Proceedings. Cammencement of forec[osur� or �o��eifiure proGeedings, whether �y judicEal
<br /> pro�eeding� seif-help, repossession or any other me�hvd. by any creditor a� Borr�wer or Trustor ar by any
<br /> gavernmenta[ ager�cy agains� any praperfiy securing fi�e Indebtedness. This includes a garnishmen� of any ❑�
<br /> Borrawer's vr Trus�or's accounts, including deposit a�coun#s, with Lender. Hawever, #his E�en� ot D�fault sha[�
<br /> na� app[y �#there is a govd taith dispu�e hy gorrower or Trustor as �v th� �alid��y or reasonabieness af the �[aim
<br /> whi�h is the basis of�he creditor or forfeiture proceeding and if gorrower or Trustor gi�es Lender written n�tice ❑f
<br /> the creditar vr farfeiture praceeding and deposits wi�h Lender monies or a su�e�y band for the creditor or forfeiture
<br /> proceeding, in an amvun't det�rmined by Lender, in its s�i�discret�on, as being an adequate reser�e ar bond far#he
<br /> dispu�e.
<br /> Breach of Dther Agreement. Any breach by Barrvwer ar Trustor under the�erms of any o�her agreement between
<br /> Borrawer ar Trustor and Lender that is not remedied within any g�-a�e perivd p�o�ided �herein, inc[udEng withau�
<br /> limi�ation any agreement concerning any indebtedness ❑r nther �bligativn ❑f Borrawer or Trus#or to Lende�,
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