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2� 1 �� 14�5
<br /> �E�a �F T�us-r
<br /> Loan No: 7 D'I�93�9� {l��ntinued� Page �
<br /> Further Assurances. At any tim�, and from t�me �a �ime, upon request of Lender, Trusto�wi[I make, execu�e and
<br /> deli�er, ar wi[[ cause to be made, exe�uted or deli�ered, �o Lender or�c� Lender's designee, and when requested by
<br /> Lender, cause to be filed, recorded, refi[ed, or �-erecorded, as the case may be, a� such times and in such ❑ffices
<br /> and piaces as Lender may deem apprapriate, ar,y and a!I such mortgages, deeds ❑#trust, security deeds, SECEJi'!tV
<br /> agreements� financing statements, continuation statements, instruments of further assurance, certi�icafies, and
<br /> vther dacumen�s as may� in the sole apini�n of Lender, be necessary or desirable in order t� e��ectuate, comple�e,
<br /> per�ec�, can#inu�. ar preser�e {�� Barrawer's and Trus�or's obliga�ions under the Nvte, this Deed o#Trust, and
<br /> th� Related Dvcuments, and �2f the fiens anc� security interests crsat�d by this Deed af Trust as �irst and prio�
<br /> l�ens on the Praperty, whe�her nvw vwned or hereafter acquired by Trustor. Unless prohibited by iav+r or Lender
<br /> agrees to the cantrary in writing, Trus�flr shal[ reimhurse Lender for a[[ costs and expenses incurred in canne��ion
<br /> tnri�h the matters referred ta in this paragraph.
<br /> At�orney-in-Fact. !f Trus#�r fai[s to d❑ any vt the �hings r��erred to in fihe preceding paragraph, Lender may do so
<br /> for and in the name ��Trustor and a�Trust�r's expense. For such purposes, Trustor her�by irre�aca�ly appoints
<br /> Lender as Trustor's attorney-in-fact�ar the purp�se o�making, executing, d��i��ring, -Filing, recarding� and doing af[
<br /> ❑ther things as may be necessary or desirab[e, in Lender's sole opinivn, t� a�campfish the mat�ers �-e#erred �v in
<br /> �he preceding paragraph.
<br /> FULL PERF�RMANGE. l� Borrowe� and Trustor E�ay all �he Indebtedness, including wi�hout limitation a[C �utur�
<br /> ad�ances, when due, and Trusto�otherwise perform� all�he obligations imposed up�n Trustor under�his Deed of Trusfi,
<br /> Lender shall �xecute and deli�er to Trustee a request �or �uii recon�eyance and shall execute and de[iver t� Trustor
<br /> suitable statemen�s of�erm�nation �f any �inancing s�atemen� on file e�idencing Lender's security interest in the Renfis
<br /> and �the Personal Property. Any re�an�eyance �Fee r�quired by law sha�� be paid by Trustar. if permitted by appli�ab[e
<br /> law.
<br /> EVENTS �F DEFAULT. Each of the ��liflwing, at Lender's option, sha[� constEtute an E��nt ❑# ❑e�aul� under�his Deed
<br /> ❑�Trust:
<br /> Payment Defau{#. Borrower fails t� make any payment when due und�r the lndehtedness.
<br /> �#her Defaul#s. Barrower or Trustor fai�s �o cvmply with or to pe�r�arm any o�her fierm, flbligation� co�enant ❑r
<br /> condition cvntained En this Deed v�Trust or in any �f the Related Dvcuments ❑r to comply wi�h or�o p�rtorm any
<br /> �erm, obliga#ian, co�enant vr condition contained in any o�her agr��ment between Lender and Bflrrower or Trustar.
<br /> Cvmpliance Default. Fai�ure to comply with any other term, ohligatinn, c��enant ar condition cvnta�ned in this
<br /> Deed of Trust.th� Note ar in any of the R�lated Documents.
<br /> De�Faul�an Dther Paymen�s. Fai[ure of Trustor within the�ime required by this D��d a�Trust to make any paymen�t
<br /> #or taxes ar insurance� ar any other payment necessary t❑pre�ent filing of ar��ef�ec�discharge v�any lien.
<br /> False Statements. Any wa�-�-anty, representa�ion or s�afiemen�made ar�Furnished to Lender by Borrvwer or Trustor
<br /> ar on Barrvwer's or Trustor's behalf under �his De�d o# Trusfi or the Re[ated �]vcuments is false ar misleading in
<br /> any mater�a! resps�t, eEther now �r at the tim� made or #urnished or becomes fafse or misieading at any t�me
<br /> therea�fier.
<br /> Dsfec#ive Coliatera��za#ion. This Deed o� Trust ar any ❑f th� Rela�ed ❑ocuments ceases �o be in �u[E f�rce and
<br /> �ffect {�ncluding �Failure of any cvllateral document to create a val�d and per�ected security interest ar �ien} at any
<br /> tEme and#o�any reason.
<br /> Deafih�r�nsvlvency. The death vf 6orrawer or Trustvr, the inso�vency vf Borrower�r Trus�or, the appointment❑f
<br /> a re�ei�e�tvr any part o#Borrower's or Trustor's property, any assignment for th� benefit�f credi�tors, any type o�
<br /> credit�r workaut, or the commencemen�of any proceeding under any bankruptcy or insolvency laws by or against
<br /> Barrower or Trustor.
<br /> Gredi#or or Forfie�ture Proceedings. Cnmmer�cement of �o�-e�lasure ar �or�eiture pr�ceedings, whefiher by judicial
<br /> pr�c��d�ng, self-heEp, repvssession vr any o�her method, by any �reditor of Barrower or Trustor ar by any
<br /> go�ernmental agency against any pr�perty securing the Indebtedness. This includes a garnishment �� any of
<br /> Borrower's or Trust�r's ac�ounts� inc�uding depvsEt accounts. with Lender. Hawe��r, this E��nt of D��aul� shall
<br /> not app�y if�her� is a goad faith dispute by Borrower ar Trustor as to the �a[idity or reasonabieness of the claim
<br /> which is the basis of the creditor or�orfeiture pr•oceeding and if Borr�wer ar Trus�or gives Lender written notice o#
<br /> the creditor or forfei�ure proceeding and depasit� with Lender manies �r a surety bond for the credifi�r or#or#eiture
<br /> proceeding, in an amvunt determined by Lender, in its so[e dis�re�ion, as being an adequate reser�e or hond far�he
<br /> d�spute.
<br /> 6reach of�#her Agreement. Any b�each by Bo�rawer ar Trustvr under the terms o�F any vther ag�eement between
<br /> 6orr�wer or Trustor and Lender �hat is nv� remedi�d wi�hin any grace period provided fiherein, including without
<br /> Iimitati�n any agreement c�ncerning any indebtedness or other Qbligatian ❑� Barrower ar Trus�ar to Lender,
<br /> whether exisfiing naw vr iafier.
<br /> E�ents Affecting Guarantor. Any af the preceding e�ents occurs with respect to any guarant�r, end�rser, surety,
<br /> ar accommadatian party �� any af �he [ndeb�edness v� any guarantor, endorser, surety, ar a��ommoda#ian par�y
<br /> dies ar becomes incampeten�, ❑r re�akes or disput�s the �alidity of, or liability und�r, any Guaranty of �he
<br /> Indebtedn�ss.
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