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<br /> �EE[] �F T`��15T
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<br /> the Real Pr�perty. Trustor shall reimbur-se Lender for a[I taxes, as d�scrit�ed belov►�, toge�her with all expenses
<br /> incurred in recording, perfec�ing vr continu�ng this Deed vf Trus�, �neluding w�th�ut lim€ta�ian ali taxes, �ees,
<br /> documentary stamps, and vther charges far recvrding or registering this ❑eed af Trust.
<br /> Taxes. The �ollvwing shall cvnstitute taxes to which this section applies: ��} a specific tax upon this type v�
<br /> �eed vf Trus�t ❑r upon a1� or any part vfi the Indebtedness secured by this Deed of T�-ust; {�} a specific tax on
<br /> Trus�or whi�h Trus�vr is authvrized ❑r required �a deduct firom paymen�� on the lndebtedness ��cured by this type
<br /> vf Deed vf Trust; �3} a tax on�his type af D�ed ��Trust chargeable against the Lender or th� hv[der of�he Nvte;
<br /> and t4� a speci�ic tax on all or any p�rtion o��the ]nd�btedness ar ❑n paymen#s v� princ�paf and interest made by
<br /> Trus�ar, �
<br /> Subsequen� Taxes. I# any �ax t❑ which this se�ti�n applies is enacted subsequen# to the date ❑f �his Deed of
<br /> Trust, this e�en� shall have the same effec� as an EWen� of ❑e�ault, and Lender may exer�ise any or alf af i�s
<br /> a�ailable remedies fvr an E�ent of aefault as p��vided �efvw un�ess Trustvr �ither (�� pays the tax be�ore it
<br /> becames de�inquent, or �2} contes�s the tax as prov�ded abo�e in the Taxes and Liens sectivn and deposits with
<br /> Lender�ash vr a sufficier�t cvrpvrat�surety bond or other security satisfa�#ory tv Lender.
<br /> SECURITY AGREE111![ENT; F�NAtVC1N� STATEtI{�ENTS. The f�[l�wing prv�isi�ns rela�ing to this ❑eed v� Trust as a
<br /> security agreement are a part n�this C�eed of Trust:
<br /> Security Agreement. This instrumen� shall cvn5tt#ute a Securi�y Agreement fi� �th� ex�ent any of the Prvperty
<br /> �ons�itutes �ix�ures, and Lender shai� ha�e alf of the rights ❑f a secured par�y under the Uni�orm �ommercia[ C�de
<br /> as amend�d fram#ime to time.
<br /> 5ecurity Interes�. Up�n reques� by Lender, Trustor shall �ake whate��r a�tion is reque�t�d by Lender to perfect
<br /> and cvn�inue Lender's se�urity in�erest in the Rent� and Persona[ Praperty. !n addi�ion to re�vrding this ❑eed a�F
<br /> Trust in the real prap�rfiy records, Lender may, at any time and w�thout �Further authorization �rvm Trustor, fi[e
<br /> executed caunterpar�s, copies or reproduc�ions o� this Deed ❑f Trust as a �inancing statement. Trus�or shall
<br /> reimburs� Lender#or a�l expenses in�urred in perfecting vr con�inuing this security interest. Upvn defaul�, Trustvr
<br /> shall not remove, se�er or det�ch th� Persvnaf Praper�y �Frvm the Property. Upvn d��ault, Trustor shall assemb�e
<br /> any Persvnal Praperty not a�fix�d �o the Property in a manner and a# a place reasvnably con�enient to Trustor and
<br /> Lender and make i� a�ailable �o Lender within three 43� days after receip� o� written demand frvm Lender tv the
<br /> extent p�rmitted by applicahle la►rv,
<br /> �4ddresses. The mailing addresses v� Trustvr {debfivr} and Lender �s�cured partyj from whiGh infvrmativn
<br /> con�erning th� security in�erest gr-anted by this Deed v�Trus� may be �btained 4ea�h as require�l by the Uniform
<br /> Cammercial Code} are as s�ated c�n�he firs�page ofi this Deed��Trust.
<br /> FURTHER a55URANCES; ATT�RNEY-#N�FACT. The �o�lawing prv�isions rela�ing �v �ur�her assurances and
<br /> at�vrney-in-fac�are a part vf this Deed a�Trust:
<br /> Fur�her�lssurances. At any time, and fr�m t€me tv time, upvn requesfi nf Lender, Trustar wiff make, execute and
<br /> deliWer, vr wilf eause tv �e made, exe�u�ed❑r deli�ered, t❑ Lender or tv Lender's designee, and when requested by
<br /> Lender, cause to be filed, �-ecorded, refi[ed, or rerecorded, as the case may be, at such �imes and �n such offices
<br /> �nd places as Lender may deem appropriate, any and al[ such mvrfigages, d�eds of #�-usfi, securi�y deeds, securi�y
<br /> agreements, financing sta�emen�s, continuation sta�tem�nts, instruments vf �urther assurance, certi�icates, and
<br /> other documents as may, in the svle opinivn ❑# Lender, be ne�essary or desirable in order fiv e�fectua#e, comp[ete,
<br /> perfect, continue, or preser�e 4�j Trus�or's vbligatians under the Nv�e, this Deed of Trust, and the Re[ated
<br /> Documen�s, and ��� �he liens and security in�erests created by this ❑eed Qf Trust as firs� and prior fiens ❑n the
<br /> Proper�y, whe�her now vwned �r hereafter acquired hy 7rustar. Unless prvhibited by law or Lender agr��s tv the
<br /> contrary in �riting, T�-ustor sha[[ reimE�urse Lender for a[� cvs�s and expenses incurred in connectivn with the
<br /> matter� re�ferred t❑ in this paragraph.
<br /> �ttorney-in-Fa�t. [f Trustor fails tv do any of the things re#erred to in fhe preceding paragraph, Lender may dfl so
<br /> for and in the name o�Trustar and at Trustvr`s expense. Fvr such purpvses, Trustor h�reby irre�ocably appv€nts
<br /> Lender as Trustvr`s attQrn�y-in-fact fvr the purpose o� making, executing, deli�ering, filing, recording, and doing all
<br /> other things as may be necessary or desirable, in Lender's sole vpinion, to acc�mpfish the matters referred �v in
<br /> the preceding paragraph.
<br /> FULL PERF�Rt1�[ANCE. If Trus�vr pays all �the [ndebtedness, including without limitativn ali future ad�ances, when due,
<br /> and otherwise performs all the obliga�ions impased upvn Trustor under �his Deed vf Trust, L�nder shaf[ �xecu�e and
<br /> de�i�er t� Trustee a request fvr tull reevn�eyance and sha�i execute and d�fi�e� �o Trustar suitabl� statemen�s o�
<br /> terminatian af any financing sta�emen� vn file e�idencing Lender's security interest in �he Rents and the Personal
<br /> Prvperty. Any recon�eyance fe� r�quired by law shal[ be paid by Trustor, if permit�ed by applicable [aw.
<br /> EVENTS QF DEFAULT, Each ofi�he fallvwing, at Lender's op�ion, shalf cvnstitute an E�ent ❑f De�ault under this Deed
<br /> �f Trust:
<br /> Payment D�fault. Trustvr fails to make any payment when due under the ]ndebtedness.
<br /> Clther Defautts. Trus�vr fai[s tv cvmply w�th flr to per�orm any o�her term, �b�igativn, �vvenant or condi�ivn
<br /> con�ained in this ❑eed v� Trust or in any of the Related Dacuments or tv comply with ar ta perform any t�rm,
<br /> obligativn, co�enant o�condi�ion contained in any vther agreem�n�be�ween Lender and Trustor.
<br /> Cvmpliance De#aul�. Failure to cvmp[y with any ❑thsr term, obligation, c��enant or cvnditian contained in thi�
<br /> Deed af Trust, �he No�e or in any��the Re�ated Documenfis.
<br /> Ds�au�t vn �ther Payments. Failure vf Trustor within the time r�quired by#his D�ed of Trust to make any paymen�
<br /> �or taxes ❑r insurance, �r any other paymen�necessary tv pre�ent filing �f❑r t� ef�e�t discharge q�any li�n.
<br /> Default in Favor of Thi�d Parfiies. Should Grantvr de�au�t under any lc�an, extensivn o� credit, securi�y agreement,
<br /> purchase vr sales agreement, or any ❑ther agreement, in �a�or of any other creditor vr person �hat may materially
<br /> af�ect any �'� Granfior's pr�per�ty vr Grantor's abi�ity tv repay �he Indebtedness or Gran�vr's abi[ity tv per#ti�m
<br /> Gran�vr`s obligations un�er this �eed af Trust vr any o#the Rela�ed D�cuments.
<br /> False Statemen�s. Any warranty, represen�tativn ❑r s�atement mad� vr furnished to Lender by Trustor vr on
<br /> Trus�or's behalfi under this ❑eed ��Trust or�he Re[ated Dacuments �s fafse ❑r misfeading in any material respect,
<br /> either naw ar at the time made vr�urnished �r becomes fa�se nr misleading at any time thereaf#er.
<br /> De�ec�i�re Cvlfateralizati�n. This Deed of Trus� �r any �f the Related D�cuments ceases to be in fuil �vrce and
<br /> e��ect {including failure of any cv�la�eral dvcumenfi �v cr�a�e a �a[id and perfected security infierest ar lien� at any
<br /> time and fvr any reason.
<br /> Death or [nsal�ency. The death of Trustor, th� insvl�ency�f Trustor, the appointment❑�a recei��r fvr any part�f
<br /> Trustor's proper�y, any assignment �or the ben�fit v� cr�di�ors, any type of credi�or workout. ar the
<br /> commencement vf any proceeding under any bankrup�cy or insol�ency laws by vr against Trustvr.
<br /> Creditvr ar Fc�rfei�ure Proceed�ngs. Commencement af foreclosure v�- �vr�eiture prviceedings, whether by judicial
<br /> pro��eding, sel��help, rep�ssession vr any o�her method, by any creditor of Trus��r or by any governmentaf agency
<br /> against any p�aperty securing �he lndeb�edness. This in�ludes a garnishment of any o� Trustor's accvunts,
<br /> inc[udinc� depasit accaunts, with Lender. Howe�er, �th�s E�ent ❑f De#ault sha�� not apply if #here is a gvod faith
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