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� 2� 1 �� 1519
<br /> DEED C]F TRUST
<br /> Laan No: 'i�12�4�'i 7 �C�r�t�nued� Page �
<br /> ��her Defaul�s. Trustar #ails to c�mply w��h vr �o per-Form any ather term, ❑bligation, co�enant or conditifln
<br /> c�ntained in this Deed o� Trust or in any of the R�la�ed Documen�s or to comply with or to perform any term,
<br /> abligati�n, c��enant or condition contained in any o�her agreement between L�nder and Trustor. �
<br /> Complian�e Defaul�. FaE�ure to comply wi�h any other �erm, obligation, ca�enan� or conditian can�ained in this
<br /> Deed of Trust, �he Nofie ❑r in any❑f the Related ❑ocuments.
<br /> Default vn �#her Paymenfis. Failure ❑f Trustar uvithin the time requir�d by�his ❑eed of Trust to make any payment
<br /> for taxes flr insurance, or any other payment necessary ta pre�ent#i�ing�f or to effect discharg�of any lien.
<br /> False S�atemen�s. Any� v+rarranty, representa�ion crr statsment mad� or furnished to Lender by T�us�or or on
<br /> Trustor's behalf under�his Deed of Trust ❑r the Related Dv�uments is fa�se or misleading in any materia� respec�,
<br /> ei-ther now or afi the time made or furnished ❑r becomes fa[se❑r misleading at any fiime therea�ter.
<br />� Dete�tive Colfa#era[izativn, This Deed �fi Trust ❑r any of �he R�la�ed Dacumen-�s ceases to be in �u�! force and
<br />� effec� {including failure ❑f any collateral d�cument to create a �alid and per#ected security inter�st or �ien� at any
<br /> time and-�or any reason.
<br /> Death or Insol��ncy. The death of Trustor, �he ins�l��ncy❑f Trus-�or, th� appvintment o�a recei�er for any par�of
<br />' Trus�or`s proper�y, any assignment for �he benefit of credi�ors, any �ype of credi�ar wvrkaut, or the
<br /> commencem�nt of any pro�eeding under any bankruptcy vr insol��ncy laws �y or against Trus�or.
<br /> Creditor or For�eiture Proceedings. C�mmencemen� of fvreclosure ar forfeiture proGeedtngs, vuhether by judicial
<br /> proceeding, selfi-help, repossession �r any�ther methad, by any �reditar of Trus�or or by any�v�ernmental agency
<br /> against any p�operty se�uring the Indebtedness. This includes a garnishment of any vf Trustor's aGcounts,
<br /> including deposit accaunts, wi�h Lender. Howe�er, this E�ent af ae�ault shall not app�y f� there is a good faith
<br /> dispute by Trus�or as to the �alidity or reasanableness af the c�aim which is the basis ot�he creditvr ❑r forfeiture
<br /> proceeding and if Trustor gi�es L�nder wri��en notice ❑� the credit�r or �or�eiture pra�eeding and depnsits wi�h
<br /> Lender rnvnies ❑r a surety bond for fihe credi�or or�flrteiture proceedEng, in an amount determined by Lender, in �fis
<br /> sole discrefiian, as b�ing an adequa�e reser�e ❑r bond for the dispu�e.
<br />' Breach of D�h�r Agreemen#. Any breach by Trus�or under the terms of any vther agreement be�we�n Trustor and
<br />� Lender �khat is nat remedied within any gra�e perivd pravided therein, including vui�hou� limi�ation any agreemen�
<br /> concerning any indebtedness❑r oth�r obligation of Trus�ar to Lender, whether existing naw or latsr.
<br /> Events Aff��#ing �uarantor. Any fl�the preceding e�ents o�curs with respect to any guarantor, endvrser, surety,
<br /> ❑r accommodati�n party of any of the lndeb�kedness or any guaran�or, endo�-ser, surety, or accommodation party
<br /> dies or b�comes inc�mpetent, �r re�okes or disput�s the �a[idity of, or [Eabifi�y und�r, any Guaran�y of �he
<br />. [ndebtedness.
<br /> Adverse Change. A ma��rial ad�erse change �c�urs in Trustor's finan�ial candition, ❑r L�nder belie�es the
<br /> pr�spect vf paymen�or p�r�vrmanc��f the ]ndebtedness is impai�ed.
<br />� insecuri�y. L�nder in good fiai�h belie�es i�s�lf insecure.
<br />� Right to Cure. If any default, ather�han a defau��in payment, is �urab[e and i�Trustor has no� been gi�en a na�ice
<br /> of a breach of the same pro�ision ofi this Deed ❑�Trust within the preceding�wel�e �12� m�nths, it may be cured ifi
<br />� Trustvr, after Lender sends wri�ten no�ice t�Trust�r demanding cur� o�such defiault: �'i} cures�he defaul�within .
<br /> tifteen {15� days; or ��} if the cure requires more�han fifteen {157 days, immediately inifiiates steps which Lender
<br /> deerns in Lender's sole discretian �o be su��icient ta cure th� defau[t and fihereafter continues and comple�es al!
<br /> reasonabl� and necessary s�eps sufficien�ta produce �omp�ian�e as soon as reasonably pracfiical.
<br /> RIGHTS AND REMEDIES �N DEFALJLT, lf an E�en� ot Default occurs under�his Deed a�Tt�ust, a-t any�ime �hereafter,
<br /> Trustee or Lender may exer�ise any❑ne or more of the tollowing righ�s and remedies:
<br /> Acce�era�tion Upvn Detauit; Addi#ional Remedies. I� any E�ent o� Default occurs as per the terms of�he Nofie
<br /> secur�d hereby, Lender may declare all Indebtedness secured by�his De�d o�f Trust�� he due and payable and
<br /> the same shal� thereupon became due and payable w�thaut any presentment, demand or pra�es� afi any kind.
<br /> Thereaf�er, Lender may:
<br /> �a� Either in p�rs�n vr by agent, with ❑r withou� bringing any action ❑r proce�ding, or by a recei�er
<br /> appointed by a court and without regard �o the adequacy of i�s security, enter upon and take possession
<br /> vf the Prvperty, or any part thereof, fn �ts own name ❑r in the name of Trus�ee, and do any acts which it
<br /> ds�ms nscessary ❑r desirable�❑ preser�e the �alue, marketabili�y or rerttabili�y ❑f the Property, or part o�
<br /> the Property ❑r in�er�st in the Properfy; increase th� income from the P�-operty or prfltect�he security af
<br /> the Property; and, w�th or withou� �aking passessivn ❑f �he P�aperty, sue for ar ❑�herwise collect �he
<br /> rents, issues and profits of the Prop�rty, in��uding thase pas� due and unpaid, and apply the same, less
<br /> costs and expenses of op�ration and co[�ection attorneys' �ees, to any indebtedness secured by this Deed
<br /> of Trust, all in such order as Lender may determine. The en��ring upon and taking possessian of the
<br /> Proper�y, the �ol[�ction of such ren�s, issues and profi�s, and the applicati�n thereof shall not cure vr
<br /> wai�e any default or notice of default under this Deed afi Trus�or in�alidate any act dane in response ��
<br /> such defaul�or pursuant ta such notice of d�fault; and, notw�ths�anding the �ontinuance in possession ofi
<br />, the Property or the c�llec�ion, receipt and app�ica�ion of rents, issues or profits, Trustee ❑r L�nder shall
<br /> b� entit�ed to exercise e�ery right p�ov�ded fior in the Nate or the Rela�ed Documents or by law upnn th�
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