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2� 1 ��2831 �3EE�3 DF TRUST Laan No: ��7�95457 �CDntinu�d} Page � �an�kained in fihis fleed of Trust or in any of �he Related Da�umen�s .or �❑ comply with or ta per��rm any �erm, obligat�an, co�enant or cvndi�ion�onfiained in any other agreemen�between Lender and Trustar. Cvmpliance Defau��. Failure �� compty with any o�her �erm, obliga�ian, ca�enant or conditivn c�ntained in this Deed of Trust,the N�te❑r in any of the ReEat�d Dacuments. De�ault on Dther Payments. Failure o-�Trus�ar wEthin the time required 1ay this Deed vf Trust�o mak� any paymen� for taxes or�nsurance, or any vfiher payment necessary�o pre�ent fiiling of vr fio e��ect discharge af any Eien. False 5�atemen�s. Any warranty, �epresentation or statemen� made ❑r furnished to Lender by Trustor ❑r on Trus�or's behal� under this ❑eed ❑f Trust or the R�iated Documents is �aise ❑r misleading in any material �-�spect, either naw❑r at the time mad�or furnished or be�omes false❑r mis[eading at any time thereafter. Defecti�e Collateralizatian. This Deed ❑� Trus� or any of the Re�ated ❑ocuments ceases �v be in fu1! force and effect {�ncluding failure af any coilatera! documen�to create a �a�id and perfiec�ed securEty interest ❑r �ien} a� any �ime and for-any reasvn. Death nr Insolvency. The death of Trustor,the insal�en�y�f Trustvr,the appvintmen�of a receE�er fvr any par�o� Trustor`s property, any assignmen� fvr the benefi� of credit�rs, any type vf credi�or warkoufi, ❑r the cammencement❑f any pro�eeding und�r any bankrup�cy or insok�ency laws by or against Trustor. Creditvr vr Forfeiture Proceedings. Cammencemen� of forecl�sure �r forfei�ure praceedings, whe�her by judicial p�-oceeding, sel�-hefp, repossession❑r any other method, by any cred�tor❑f Trustor or l�y any go�ernmen�al agency agains�k any property securing the Indeb�edness. Th�s includes a garnishmen� ❑� any of Trustor's ac�oun�s, including deposit accoun�s, with Lender. Hawe�er, this Even� ❑f Default shall nat apply i� there is a goad �ai�h dispu�e by Trustor as to the Walidity ❑r reasvnableness of the claim which �s the �asis ❑f the creditor or�vrfeiture prviceeding and if Trus�or gi�es Lender written notice o� the creditor ar �o��eiture proceeding and deposits with Lender manies or a surety bvnd�or fihe credi�or or farfeiture prv�eeding, in an amount de�ermined by Lender, in �ts soE�discre�ion, as being an adequa�e reserve or bond�ror th�dispute. Brea�h of�ther Agreement. Any breach by Trusfivr under�he terms vt any❑ther agreement between Trus�or and Lender tha� is nat �-emedied within any grace pertod pro�ided therein, including without �imita�ivn any agreement �ancerning any indebtedness or ofiher o�figa�tivn o�Trustor t� Lender,whether�xisting now vr later. Evenfis Affec�ing Guarantvr. Any ❑�fihe preceding e�en�s ❑ccurs with respect�❑ any guaran�ar, endarser, surety, or a�commodation party o� any v�fihe lndel�tedness or any guarant�r, endorser, sure�y, ❑r accommada�ivn party dies or hecomes incampetent, ❑r re�akes or disputes the �alidity o�, or liabi�ity under, any �uaranty of the lndebtedness. Adverse Change. A materia� adverse �hange occurs in Trus�ar's �financiaE condi�ion, or Lender belie�es th� prospect❑fi payment or performance❑�the Indeb�edness ts impa�red. Insecurity. Lender in go�d�aith beiie�es itseEf insecure. Right to Cure. lf any default, vther than a de�aulfi in payment, is curable and i#Trus�or has not been gi�en a notice ❑-f a breach af the same pro�is�on❑t this Deed v�Trus�k wi�hEn the preceding�wel�e {�Z� mon�hs, ifi may he cured if Trusfivr, after Lender s�nds wri�ten natice ta Trustor demanding cure o�such default: ��} cures the default within fifteen �'C 5} days; ❑r �2} if�he cure requires more than -�ifteen �15} days, immediately �ni�ia�es s�eps wh�ch Lender deems in L�nder's sa�e discretion to be sufficien� �o �ure the default and thereafter �vn�inues and camp�efies all reasonable and necessary s�eps sufficient to p�-�duce campliance as saon as reasonably p�-actical. RIGHTS AND REMEDIES �N �EFAULT. l�an E�en�v� De�au�t vccurs under this Deed v�Trust, at any�ime�hereafter, Trustee or Lender may exercise any one❑r mvre v�f the fo�lowing rights and remedies: Acce�eration Upon Defauit; Add�tional Remedies. 1�any E�ent ofi Default❑��urs as per the terms a�the Nv�e s�cured herehy, Lender may declare all lndeb�edness secur�d �y this Deed af Trust ta be due and payab�e and �the same sha11 �hereupon become due and payable withaut any presenfiment, demand or protest af any kind. Thereafter, Lender may: �a� Either in person or by agen�, wi�h ❑r without bringing any action vr proceeding, or by a rece��er appainted by a c�urt and without regard�o the adequacy v-�i�s secu�rity, enter up�n and�ake possessian of the Praperty, or any par�fihereo�, En its own name ❑r in�he name o�Trustee, and do any acts which it deems necessary❑r desirahle ta pres�r�e�he �alue, marke�ability o�-rentabili�y of the Property, ar part of the Property ar in�erest in the Property; increase�he income �rom the Property o�r pro�ect fihe security �� the Proper�y; and, wi�h or without taking passession v� �he Property, sue ��r ar o�kherwise collect �he rents, issues and profi�s vt the Prvperty, inc�uding those past due and unpaid, and appCy the same, �ess cvs�s and expenses of operation and colle��ian afitorneys' fees,��any indebtedness secured by this Deed of Trust, a[I in such ❑rder as Lender may determine. The ente�-ing upon and taking possession of the Praperty, the �ollec�ion of such ren�s, issues and profits, and the applicat�an �hereof shal[ nv� cure ar waive any defau�t ar natice of default under this Deed af Trust ar in�alidate any act done in response�v such default vr pursuant to such nv�ice❑�F defaul�; and, no�wi�hs�anding the continuance in possession of the Property ❑r�he collec�Eon, receipt and applicatian of ren�s, issues ❑r prvfitsr Trus�ee ❑r Lender shall 1ae entifiled to exercise e�ery right prvvFded �or in�he No�e ❑r the Re�ated Documents ar by !aw upon the occurrence af any e�ent of default, includin�fihe right tv exercise the power of sa�e;