2� 1 ��2119
<br /> []EED �F TRUST
<br /> Loan Nv: 8��'1�834 ���ntinued} Page 4
<br /> this Deed v�Trust and take whate�er other action is requested by Lender to perfect and continue Lender's lien vn
<br /> the Real Property. Trustor sha!! reimburse Lender fvr aii taxes, as described bslow, together with all �xpenses
<br /> incurred in �ecarding, perfec#ing or continuing #his Deed of Trust, including w�thout limitativn a�l taxes, fees,
<br /> documentary stamps, and vther charges for recording or registering this❑eed❑f Trust.
<br /> Taxes. The �oliowing shal! �vnstitute taxes to whi�h this sec#ion applies: ��} a.spe�ifi� tax upon this type af
<br /> Deed of Trus# ❑r upon a!I or any part ❑f the indebtedness secured by #his Deed of Trust; (�} a specific tax vn
<br /> BarrQwer which Borrawer is authorized vr required to deduct frvm payments vn the Indebtedness secured hy this
<br /> type vf Deed vf Trust; [3} a tax an this type af Deed af Trust chargea�le against�he Lender a�the hfllder af the
<br /> Nate; and �4} a specific tax an all or any portion of the Inde�tedness or�n payments af principai and +nterest
<br /> made by Barrow�r. �
<br /> Subsequent Taxes. If any tax t❑ which this section applies is enac#ed subsequent to the date of this Deed af
<br /> Trust, #his event sha�l have.the same effect as an Event of Defau!#, and Lender may exercise any or all of its
<br /> available remedies f���an Event of Defauit as provided be�vw unless Trustor either �1} pays the tax befare it
<br /> becomes de�inquent, or (2} contests#he tax as pro�ided ahove �n the Taxes and Liens sectian and deposits with
<br /> Lender cash ar a suf�icient corporate surety bond or ather security satisfact�ry ta Lender.
<br /> SECURITY AGREEMENT; FfNANC1NG STATEMENTS. The following prv�isians relating to this �eed a� Trust as a
<br /> se�urity agreement are a part of this ❑eed vf Trust:
<br /> Security Agreement. This instrument shall �onstitu#e a Security Agreement to the extent any of the Proper�y
<br /> constitutes fixtures, and Lender shall have all af the righ#s af a secured �arty under the Unifarm Cvmmercial Cade
<br /> as amended from time to time.
<br /> Security Interest. Upan request by Lender, Trustor shalk take whatever actian is requested by Lender #Q perfect
<br /> and continue Lender's security interest �n the Ren�s and Personal Property. In addition to recarding this Deed af
<br /> Trus# in the real prvper#y records, Lender may, at any time and without fu�ther autho�ization from Trustor, f�le
<br /> executed cvunterparts, copies or reproductions of this Deed af Trust as a financing statement. Trustor shall
<br /> reimburse Lender for all expenses incu�red in perfect+ng or continuing this securi#y interest. Upon default, Trustar
<br /> shall not remvve, sever ar deta�h the Personal Praperty from the Praperty. Upon default, Trustor sha�l assemble
<br /> any Personal Proper#y not af�ixed t❑the P�operty in a manner and at a place reasanably convenient to Trustor and
<br /> Lender and make it avai�able ta Lender within three {3} days after reGeipt af written demand fram Lender t❑ the
<br /> extent permitted by applicable law.
<br /> Addressss. The mailing addresses ❑f Trustor �debtvr} and Lender {secured party} from which information
<br /> concerning the security interest granted by this Deed of Trus# may be o�tained 4each as required by the Uniform
<br /> Commercial C�de}are as stated❑n the first page af this Deed af Trust.
<br /> FURTHER A5SlIRANCES; ATTDRNEY-lN-FACT. Th� fvllowing prvvisians rela#ing to further assurances and
<br /> attvrney-tn-�ac#are a part of this aeed of�rust:
<br /> Further Assurances. At any time, and from tim�to time, upvn request of Lender, Trustar will make, execute and
<br /> deli�er, or will cause to be ma�e,executed or delt�ered, #o Lender or ta Lender's des�gnee, and when requested by
<br /> Lender, cause tv be f�fed, rec�rded, refiled, �r rerecorded, as the case may be, a# su�h times and in such offices
<br /> and plac�s as Lender may deem app�opriate, any and all such m�rtgages, deeds ❑f trust, se�urity deeds, security
<br /> agreements, financing statements, continuat�an statements, instruments of further assurance, certifcates, and
<br /> other documents as may, in the sole opinion of Lender, ba necessary or desirahle in order to effe�tuate, complete,
<br /> perfect, �ontinue, or preserve {1} Borrower's and Trustor's abligations und�r the Note, this ❑eed af Trust, and
<br /> the Related Qvcuments, and {2} the liens and security interests created by this Deed of Trust as first and priar
<br /> I�ens an #he Praperty, wheth�r novu owned ar hereafter acquired by Trustor. Un�ess prahibited by law ❑r Lender
<br /> agrees ta the �ontrary in wri#ing, Trus#or shall reimburse L�nder fvr a!! costs and expenses incurred in canne�tian
<br /> with the matters referred to in this paragraph. .
<br /> Attorney-in-Fact. if Trustor faiis to dv any❑�the th�ngs �eferred to in the preceding paragraph, Lender may do so
<br /> fvr and in the name of Trustor and at Trustor's expense. For such purpases, Trus#or hereby irre�oca�fy appoints
<br /> L�nder as Trustvr's attorney-in-fact for the purpase of making, ex�cuting, defivering,filing, recvrding,and doing all
<br /> vther things as may be necessary or desirable, in Lender's sofe opinion, to accomp�ish the maf#ers referred to in
<br /> the preceding paragraph.
<br /> FULL PERFflRIVIANCE. If Barrower and Trustor pay a11 th� fndebtedness when due, and Trustor❑therwise performs all
<br /> the ab�iga#ions imposed upon Trustar under this❑eed of Trust, L�nder shall execute and deli�er to Trustee a request for
<br /> fulf recon�eyance and shall execute and deli�er to Trustvr sui#able statements❑f termination of any financing statement
<br /> on file e�idencing Lender's security interest in the Rents and the Personal Property. Any reconveyan�e fee required �y
<br /> law sha11 be paid by Trustar, if permitted by applicable law.
<br /> EVENTS �F DEFAULT. Each ❑f the follawing, at Lender's aption, shal! �onstitute an Event of�efault under thEs Deed
<br /> of Trust:
<br /> Payment Default. Barrower fails to make any payment when due under the Indebtedness.
<br /> nther Defaults. Borrawer or Trustor fails to cvmp�y with ar to perform any other term, ❑bl�ga#ion, covenant ar
<br /> canditran c�ntained in this Deed of Trust or in any of the Refated Documents ar to��mply with or to perform any
<br /> term,obiigation,cvvenant or condition con#ained in any other agreement between Lender and Svrrower of Trustvr.
<br /> Compliance Default. Failure to �ampfy with any ❑ther term, ❑bligativn, cv�enant or conditian cvntained in this
<br /> Deed of Trus#,the N�te or in any of the Related ❑vcuments.
<br /> Defau�t on Dther Payments. Faifure af Trustor within the time required by this Deed of Trust to make any payment
<br /> #or taxes or insurance,or any other payment necessary#o prevent fiEing af or to effect dis�harge of any lien.
<br /> Default �n Fa�or af Third Parties. Shvuld Borrow�r or any Grantor default under any Ivan, extension of credit,
<br /> security agr�ement, purchas�or sales agreement, ❑r any ather agreement, in fa�or of any othe�credi#vr or person
<br /> that may materially affect any of Bvrrower's or any Grantar's property ❑r Borrower's abi�ity to repay the
<br /> Indebtedness ar Borrawer's ar Grantor's ability tv perform their respective obligatians under this Deed of Trust❑r
<br /> any of th�Related Dvcuments.
<br /> False 5tatements. Any warranty, representation vr statement made vr furnished to Lender by Borrvwer�r Trustar
<br /> or on Borrower's or Trustor's behalf under this ❑eed af Trust or the Related Dvcuments is fal�e ❑r misleading in
<br /> any material respe�t, either now or at the time made vr furnished or becames false Qr misleading at any time
<br /> thereaft�r. ,
<br /> Defecti�e Collateralization. This Deed af Trust ar any o#the Related Documents �eases tfl be in fulC fvrce and
<br /> effect �including failure of any cal�ate�ai document to create a valsd and perfected security �nterest or �ien} at any
<br /> time and for any reason. -
<br /> Death ar insa��ency. The dissolution of Trust�r's �regardless of whether s�ection ta continue is made}, any
<br /> member withdraws fram the limited �iability campany, or any❑ther termination❑f Borrawer's or Trus#or's ex+stence
<br /> as a going business vr the death af any member, the insolvency of Bnrrawer ❑r Trustor, the appointment of a
<br /> recei�er far any part of Borrower's or Trustor's proper�y, any assignment for the benefit of creditors, any type of
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