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2� 1 �� 1114
<br /> �EEv �F �r�u�T
<br /> Lvan Na: 'I D�I�93375 ��ont�rlued} Page �
<br /> contrary in writing, Trustor shall reimburs� Lender ��r al{ costs and expenses incurred in �onne�tion with the
<br /> matt�rs referred ta in this paragraph.
<br /> Attorney-in-Fac�t. If Trustor faiis �o do any of the thin�s referred ta in fihe preceding paragraph, Lender may d� so
<br /> for and in th� name of Trustor and a� Trus�or's exp�nse. For such purposes, Trus�or hereby irreWocably appain�s
<br /> Lender as Trusto�'s attarney�in-facfi�ar the purpose of malcing, execu�ing, delivering, fi�ing, recording, and daing all
<br /> other things as may be n�cessary ar desirable, in Lender's so�e opin�on, to accomplish the matters referred to in
<br /> the pr�ceding paragraph.
<br /> FULL PERF�FiMA1VCE. �f Trustor pays all the Indebtedness, includin� wEfhou�iim�tation a[I future ad�ances, when due,
<br /> and o�herwise per'�orms all the ob�igatians imposed upon Trustor under this ❑��d af Trust, Lender shall execu�e and
<br /> deliver �o Trustee a reques� far full re�onveyance and shall execute and deliv�r t� Trus�ar sui�able statements ��
<br /> t�rminatiQn of any financing statement an �i1e evidencing L�nder'S security interest in �he Rents and �he Personal
<br /> Property. Any recon�eyance fee required by law sha�f be paid �y Trustor, if p�rmi�t�d by appli�able law.
<br /> EVENTS �F DEF�4ULT. Each of�he �fll�awing, at Lender`s aption, shall constitute an EWent of De�taulf under this De�d
<br /> �f Trust:
<br /> Paymen�t Qetaulfi. Trustor fails�� make any payment when due under the Inde��edness.
<br /> Dther De�aults. Trustar fai�s to comply with or to perform any ��h�r term, o�ligat�an, co�enant �r condition
<br /> contained in this ❑ee�l af Trust or in any �� the Rela�ed Documsnts or �o comply wi�h or to perf�rm any term,
<br /> obli�a�ion, �ovenant or conditian �ontained in any other agreem�nt b�tween Lender and Trustor.
<br /> Camp[iance D�fault. Failure to ��mply wi�h any a�her term, obligation, co�enant or c�nditian c�ntained in �h�s
<br /> De�d of Trust, the Note�r in any of th� Related Dacuments.
<br /> Default�n �ther Payments. Failure of Trus�or within the time required by this Deed o�F Trust to make any payment
<br /> far�axes�r fnsurance,or any other payment necessary t� preven�fifing �f or to efifect dis�har�e of any�ien.
<br /> False S�atemen�s. Any warranty, repres�nta�ivn ar statemen� made or -�urnished to Lender by Trustor or �n
<br /> Trustar's �ehal� under this ❑eed �f Trus� ar the Rela�ed Documents is �False or misleading in any materia� r�spe�t,
<br /> either now or at�he t�me made or furnished ar bect�m�s false ar misleading a�any�time thereafter.
<br /> De�ectiv� Collafieralization. This aeed of Trust �r any of the R��ated Docum�nts ceases �o be in ful! for�e and
<br /> e�fec� �including �ailure of any colfat�rai document �o crea�e a �alid and perfec�ed securi�y interesfi or lien} at any
<br /> �im� and for any reason.
<br /> ❑ea�h or Insvtv�ncy. The death o�Trustor, the insalvency of Trustor,the app�intment of a recei��r for any par�af
<br /> Trustar's praperty, any assignm�nt for the bene�i� of creditors, any type af creditor workout, or �he
<br /> c�mmencement�f any proceeding under any bankruptcy ar insal�ency faws by�r against Trustor.
<br /> �red"r�or or Forfeiture Prviceedings. Commen�emen� af forecfosur� �r forfeiture proceedings, whe�her by judicial
<br /> proceeding, self-help, repossessian or any other meth�d, by any Gredi�or af Trustar or by any governm�n�al agency
<br /> agains� any property securing the Indebtedness. This includes a garnishment o� any af Trus�or's accounts,
<br /> including dep�sit accoun�s, wi�h Lender. Howe�er, this E�en� �f �]efault shall nofi apply if th�re is a gavd faith
<br /> dispu�e by Trustor as �o �he Walidity ar reasonableness o�the claim which is the basis o�the creditor ar forfei�ure
<br /> p�oceedEng and if Trustor giWes Lender written notice of the creditor or forf�iture pr�ceeding and deposits with
<br /> Lender m�nies or a surety band far th� creditor�r far�eiture pra�eeding, in an am�unt de�ermined by Lender, in its
<br /> sole discretion, as bein� an adequate reser�e ar bond for the�isput�.
<br /> Brea�h of�ther Agreement. Any brea�h by Trustor under�he terms a� any��her agreemen� between Trustor and
<br /> Lender that is na� rem�died within any grac� period pra�ided therein, including withaut �imitati�n any agr�ement
<br /> concernin� any inde�tedn�ss or other obligation a�Trustvr�o Lender, whe�rher�xisting nflw or later.
<br /> Even�s Af�ec�ing �uaran�or. Any of�h� preceding e�ents o�curs wi�h respe�t to any guarantar, endarser, surety,
<br /> or accommoda�ion party of any af �he Indeb�edness or ar�y guarantar, endorser, surety, or accommodation party
<br /> dies or becames incompetent, or re�okes �r disputes the Walidity af, or liabi�ity under, any Guaran�y ofi the
<br /> 1nde�tedness.
<br /> Ad�erse Change. A material adWerse change occurs in Trustor's financial cond�tion, or Lender belie�es the
<br /> prospect of payment❑r performan�e of�he Indebt�dness is impaired.
<br /> Insecurity. Lender in gaad fai�h��lieves itsef�insecure,
<br /> Existing �ndebtedness. The paymen� of any installment o� pr�ncipal ar any interes� on �he Exis��ng Indeb��dness is
<br /> nofi made within�he tima required by the promissory note evidencing such indeb�edn�ss, o�a�efault�ccurs under
<br /> the instrumen�t securing such indebtedness and is not cured during any applicable grace period in such instrumen�,
<br /> or any suit ar�fiher act�on is commen�ed tv foreclose any existing li�n on the Praperty.
<br /> Right�❑ �ure. if any d�fauft, o�her than a de�ault in �ayment, is curable and if Trustor has nv�been�i�en a notice
<br /> of a�reach�f the same prQ�isinn af this Deed o�Trust within�he preceding tw�[�e {1�} months, it may be cured i�
<br /> Trustor, af�er Lender sends written notice to Trustar demanding Gure of such defauf-t: {1� cures the d��ault within
<br /> �ift�en {�5} days, ar �27 if the cure requires m�re�han �ifteen {�5� days, immediat�fy initiates steps which Lender
<br /> d�ems in Lender's sflle discretion to be sufficient tQ cure �he defaul� and ther�a��er continues and comp[etes all
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