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2� 1 �� 1 �8� DEED �F TRUST Loan No: 'i�1�9414� {�orlt�nued} Page � Further Assurances. At any time, and from time �❑ time, upon request o� L�nder, Trustor wEll make, e�;ecute and d�ii�er, or w�El cause to be made, executed or de�i�ered, to Lender or to Lend�r's designee, and when reques��d by Lender, cause to be filed, recarded, refiled, ar rerecorded, as �he case may �e, at such times and in such offices and places as L�nder may deem appropriate, any and al[ such mortgages, deeds of trust, security deed�, security agreements, financing statements, continuation statements, instruments of further assurance, certifica#es, and ather documen�s as may, in the sale ❑pinion of Lender, be ne�essary or desirable in ❑rder to effectuate, camplete, perfect, cantinue, o� preser�e �1 y Trust�r's ❑bligatians under the Nflte, this ❑eed of Trust, and the Related D�cum�nts, and �� the liens and security interests cr�ated by this �eed of Trust as first and priar [iens ❑n the Property, whether naw awned or hereafter acquired by Trustor. Unless prahi�ited by law ❑r Lender agrees to the contrary En writing, Trustor sha[� reimburse Lender for all costs and expenses incurred in connectior� with the matters referred to in this paragraph. At#orney-in-Fa�t. �f Trustor fails t❑ do any ❑f th� things referr�d to in the preceding paragraph, Lender rr�ay do so for and in th� name of Trustar and at Trustar's expense. Far such purposes, Trustor hereby irre�acabl�� appoints L�nder as Trus�or's attorney-in-fact �or the purpase of making, executing, deli�e�ing, tiling, re�ording, an� doing ali other �hings as may be necessary Qr desirable, in Lender's sole ❑pinion, to a��omplish �he mat�ers referred to in the preceding paragraph, FULL PERFORMANCE. If Trust�r pays all the lndebtedness, including without limitation a11 future ad�ances, uvhen due, and otherwise performs all the ❑bligations imposed upan Trust�r under this Deed ❑f Trust, Lender shali execute and defi�er to Trustee a request #or fu�� recan�eyance and shaff execute and deli�er ta Trustor suitable s�at�ments of terminatian of any financing s#atement ❑n file e�idencing Lender's se�urity �nterest in the Rents and th� Persanal Property. Any recan�eyance fee r�quired by law shali be paid by Trustor, if permitted by applicabfe law. EVENTS QF DEFAULT. Each of the follawing, at Lender's option, sha�l consti�ute an E�ent o� Qefauit under this Deed af Trust: Payment Defau�t. Trust�r fai�s ta make any payment when due under the lndebtedness. Dther Defaults. Trustor fails ta camp�y with or �❑ perfarm any other term, ❑bf�gation, co�enant nr condition contained in this ❑eed of Trust or in any ❑f the Re�ated Documents or to camply with or to perfarm any term, obligati�n, co�enant or condi�ion �ontained in any❑ther a�reement between Lender and Trustar. Campliance Default. Failure ta comp�y with any ❑ther term, obligation, co�enant or condition contained in this ❑eed of Trust, the Note ❑r in any of the Related Dacuments. Default an Othe� Payments. Failure of Trustor within the time �equired by this need of Trust ta make any payment for taxes ❑r insurance, or any ❑ther payment necessary to pre�ent filing of❑r ta effe�t discharge of any 1i�n. False Statements. Any warranty, representation or statement made or furnished t❑ Lender �y Trust�r ar on Trusto�'s behalt under this ❑eed of Trust or the Related Da�umen�s is false or misleading in any materi��l respe�t, either naw or at th�time made or furnished or becames falsg ❑r misieading a� any time th�reafter, Defe�ti�e Callat�raliza�ion. This Deed ❑f Trust or any of the Related Documents ceases t❑ be in �ull farce and effect �including failure �� any callaterai document to create a �aiid and perfected security interest or li4�n} at any time and far any reason. Death or Insolvency. The death �f Trustar, the inso��ency of Trustor, the appointment of a rece��er for any part of Trustar'S property, any assignment for the benefit ❑f creditors, any type ❑f cr�ditor workau�t, or the commencement of any praceeding under any bankruptcy or insal�ency laws by or against Trustar. Credi#or or Forfei#ure Prviceedin�s. C�mmencement ❑f foreclosure or forfeiture proceedings, wheth�r by �udicial proceeding, self-help, repossessian or any❑ther method, by any creditor of T�ustor or by any go�ernmentai agency against any property securing the Indebtedness. This includes a garnishment af any of Trustor's accaunts, including depasit accounts, with Lender. Hawe�er, this E�enfi of ❑efault Shall not apply if there is a good faith dispute by Trustor as to the �alidity or reasonableness of the claim which is the hasis of the creditar or forfeiture proceeding and if Trustar gi�es Lender wri��en notice �f the creditar or forfeitu�'e proceeding and dep�asits with Lender monies or a surety t�ond f�r the creditar�r far�eiture proc�eding, in an amaunt determined by Lende�, �n its sole discretion, as being an adequate reser�e or band for the dispute. Brea�h of�ther Agreement. Any breach by Trustar under the terms of any ❑ther agreement between Trustor and Lender that is not remedied within any grace period pro�ided therein, inc�uding without fimitation any agreement �on�erning any indebtednes� ar other obligation af Trustar to Lender, whether existing now or later. E�ents Affecting Guarantor. Any of the prec�ding e�ents occurs with respect to any guarant�r, endors�r, surety, or accammndation party of any vf th� Indebtedness or any guarantor, endorser, surety, ar accammodation party dies or becames incompetent, ❑r re�okes or disputes �he �alidity af, �r liabifity under, any Guaranty ❑f the fndebtedn�ss. Ad�erse Change. A material ad�erse change ❑ccurs in Trustor's �inancial condition, ❑r Lender belie�es the praspect of payment❑r perfarmance of the Indet�tedness is fmpaired. Inse�uri#y. Lender in good faith belie�es itself insecure. Existing lndebtedness. The payment of any instalfinent of prin�ipal o� any interest ❑n the Existing Indeb�:edness is