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2� 1 ��3�2�
<br /> QEED �F TRUST
<br /> Loan No: 7�'I 2939Q� {Co ntinued� Page 5
<br /> Security Agreemen�. This instrument shail cvns�itute a S�curity Agreement tv the exten� any o� �he Property
<br /> cvns�itutes �ixtures, and Lender shaC� ha�e al! ❑�the rights o€ a secured party under th� Uni�orm �ommercial Code
<br /> as amen�ed�ram��me�a time.
<br /> Security In#erest. Upon request by Lender, Trustar sha�l take wha�e�er actEon is reques�ed by Lender tv per�ect
<br /> and �on�inue Lender's securi�y interest in the Persona[ Prvperty. In addi��on to r�carding this Deed af Trust in th�
<br /> �-eal praperty recvrds, Lender may, a� any time and without #urther au�harization frvm Trustor, �ile executed
<br /> counterparts, copies or reproduc�ions a� this Deed o� Trust as a tinan�ing statement. Trustor shall �-eimk�urse
<br /> Lend�r for ali expenses incurred in per�ecting ar cvn�inuing �his security interest. Upon defaul�, Trustor shall no�
<br /> rem�ve, se�er ❑r de�ach the Personal Proper�y �rom the Proper�y. Upon default, Trus�or shall assemble any
<br /> Persona! Property nvt af�ixed �a the Prvperty in a manner and a� a place reasonably cvn�enien# ta Trustor and
<br /> Lender and mak� i# aWailable �o Lend�r w��hin three �3� days a�F�er receEpt of wri��en demand #ram Lender to the
<br /> extent permi�tted by appli�ab�e law.
<br /> Addresses. The mailing addresses o� Trus�or �debtor} and Lender �s�cured par�y� �rom which in�ormation
<br /> concerning the security interest granted by this Deed o#Trust may be ob�ained �each as required by the Uni�orm
<br /> Commer�ia! Cadey are as sta�ed an the first page o�th�s ❑eed of Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN-FACT. Th� �ollowing pro�isivns refating to �urther assurances and
<br /> at�orney-in-fa�t are a part o��his Deed ❑f Trus�:
<br /> Fur�her Assurances. A� any �ime, and �ram time�o time, upon request of Lender, Trus�or will make, execute and
<br /> deli�er, ar wifl cause to be made. exe�uted or deli�ered,ta Lender vr to Lender's designee, and when requested hy
<br /> Lender, cause �❑ be filed, recorded, refiled. vr rerecorded, as �he case may be, a� such �imes and in such o��ices
<br /> and places as Lender may deem appropriate, any and aEE such mortgages, deeds of trus�, security deeds, security
<br /> agreements, �inancing statements, can�inua#ian statemen�s, instrumen�s vf �urther assurance, certifEcates� and
<br /> other documents as may, in the svle vpinion o� Lender, be necessary or desirabie in order�to e��ectuate� comple�e,
<br /> perfec�, cvn�inue, or preser�e �1 y Trus�ar's ob[igations under the No�e. this Deed ❑# Trust. and the Rela�ed
<br /> Documents, and �2} the fiens and security in�erests c�-eated by �his aeed of Trust as�Erst and privr liens an the
<br /> Praperty, whether now owned ❑r hereatter acquired by Trustvr. Unless prahihited by law or Lender agrees to the
<br /> cont�ary in writing, Trustor shall reimburse Lender �or a�1 costs and expenses incurre�] in cvnnectivn with the
<br /> mat�ers referred�v in�his pa�agraph.
<br /> Att�rneY-in-Fact. If Trustar#ai�s t� do any of the things re�erred �a in �he pr�cedin� para�raph. Lender may do so
<br /> fvr and in the name of Trus�or and a�Trus�or's expense. For such purposes, Trus�or hereby ir�e�v�abiy appv�nts
<br /> Lender as Trustar's a��orney--in--fact for the purpase ❑f making, exe�uting, deli�ering, �iling, recarding, and dving all
<br /> v�her things as may be necessary ❑r desirab�e, in Lender's sale vpinion, to accomp��sh �he matters re�erred ta in
<br /> the preceding paragraph.
<br /> FULL PERFQRMANCE. If Trustor pays afl the lndeb�edness. includ�ng wi�hout iimitation ali '�uture ad�ances, when due,
<br /> and otherwise perfiorms all the obligat�ons imposed upan Trustor under this fleed of Trust, Lender shall execute and
<br /> deliver t❑ Trustee a request far �ull reGon�eyance and shal� execu�e and del��er �o Trustor suitable s�atements of
<br /> termina�ian of any financing statement on file evidencing Lender's security interest in the Ren�s and the Persvnal
<br /> Property. Any r��vn�eyance�ee required by law shalf be paid by T�ustor, if permitted loy applicable�aw.
<br /> DEFAULT. At Lender`s optivn,Trus�or will be in defauft under this Deed v�Trust i�any v�the foiiowing happen:
<br /> Fraud or Ma#erial M+srepresen#atian. Trus�ar cammits fraud ❑r material misrepresentatian in Gonne�tian with the
<br /> terms❑f the Note.
<br /> Payment De�auit. Trustor�ai�s t❑ meet the repayment terms❑f the Nate�or any❑uts�anding balan�e.
<br /> D�her Detaui#s. Trustor's ac� or �failure ta act ad�ersefy af�ects Lender's securi�y interest in �he Prvper�y, vr any
<br /> right❑f Lender's in such seGurity.
<br /> Right to Cure. If any de�ault, ❑ther than a de�ault in paymen�, is curable and i�Trus�or has nat been gi�en a no�ice
<br /> o�a brea�h o#the same prn�isivn of�his Deed v�Trust within the preceding twe�We �'i 2} months, it may be cured i�
<br /> Trus�ar, a#�er Lender sends written notice to Trustnr demanding cure❑f suGh default: �i} cures the d��au��within
<br /> ten {��� days; or {2� if�he cur� requtres more�han�en {'�Of days, immedia�e[y initia�es steps which Lender deems
<br /> �n L�nder's svle d�s�retion t❑ i�e sufficien��v cure the default and thereafter�on�inues and completes afl reasonable
<br /> and ne�essary s�eps sufficien��o produ�e complian�e as svvn as reas�nably prac�i�al.
<br /> RlGHTS AND REMEDlES �N �EFAIJLT. I�an E�ent v�Qe�ault vccurs under this Deed of Trust, at any time�hereafter�
<br /> Trus��e�r Lende�may ex��-cise any❑ne ar more❑f the�ollawing rights and remedies:
<br /> Acceleration EJpon D��aul�:Add�#ianal Remedies. ff any Event o�F De#ault occurs as per the �erms af the Nate
<br /> seGured hereby, L�nder may declare aEl Indebtedness se�ured by this Deed ❑f Trus�to be due an�l payable and
<br /> the same shalE thereupon became due and payable without any presentmen�, demand, protes�ar no�Ece n�any
<br /> kind. Thereafter, Lender may:
<br /> tay Either in person vr by agen�, wEth or wi�hvut bringing any act�on or praceeding, or by a recei�er
<br /> appainted by a court and withau� regard#a the adequacy ❑f i�s securi�y� enter up�n and take pvssessian
<br /> o�f�he Property, ar any part thereof, in E�s ❑wn name or in the nam� of Trustee, and dv any acts which it
<br /> deems necessary or des�rable tv preser�e the value, marke�abiEEty or rentability of the Property, or parfi o�
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