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2� 1 ��3229
<br /> DEE� �F TRU�T
<br /> Lvan No: 1�'��95�'�'I {��n�inued} page �
<br /> a�aifable remedies �or an E�en� of ❑efauC� as pro�ided befow unless Trustor either ��y pays the tax before it
<br /> becomes delinqu�nt, or {�}_ con�ests the�ax as provid�d abQ�re in the Taxes and Liens s���ion and deposits with
<br /> Lender cash�r a sufficient corporate surety bond or other security satisfactory�o Lender.
<br /> SECUR�TY AGREEMENT; FINAN�ING STATEE�ENTSe The fQllowing provisions re[atin� to �his Deed of Trust as a
<br /> securi�y agreement are a part of th�s De�d of Tr+�st.
<br /> Security A�reemen�. This inst�um�nt sha�� const�tute a Security ►qgreement to the extent any �f the Property
<br /> constitu�es fixtures, and Lender sha{f have all of th� rights o� a secured party under the Uniform Camm�rc�a! Code
<br /> as amend�d from fim�to tim�.
<br /> Se�urity Infigresfi. Up�n request by Lende�r, Trustor sha�l take whate�er action is r�quested by Lender �o perfect
<br /> and cantinue Lender's securi�y int�rest in the Personal Praperty. !n additian tv recording this ❑e�d �fi Trust in th�
<br /> r�al proper�y records, Lend�r may, at a�y time and without furth�r author��ati�n from Trustor, file execut�d
<br /> counterparts, copies ar repr�ductians vf this ❑eed of Trust as a financing s�atement. Trustor shall reimburse
<br /> Lender for a[I expens�s incurred �n per�e�ting or cantinuing this s��urity interest. Upon default, Trus�or shall no�
<br /> remvve, se��r or �e�ach the Persnnal P�operty from th� Propertye Up�n default, Trustar shall assemb[e any
<br /> Personal Property not affixed t� the Property in a manner and at a pla�e rea�onably cvn��ni�nt to Trustor and
<br /> Lender and make it a�ailabi� ta L�nder wi�hin three �3y days a�ter receipt of written d�mand from Lender �a the
<br /> extent permitted by applicable law.
<br /> Addresses. The mailing addresses af Trustor �debtory and Lender �secured party� from which in'Formatian
<br /> concerning th� security interest gran�ed b�y this Deed o�Trust may be obtained {ea�h as required �y �he L1ni�orm
<br /> Cvmmercial Code} are as sfia�ed an�he �First page of this Deed o�Trust.
<br /> FURTHER ASSURAN�ES: ATT�RNEY-IN-FACT. The f�liowing pro��sions r�lating ta fiur�h�r assurances and
<br /> at��rney-�n-fact are a part af this ❑eed of Trus�:
<br /> Further Assuran�es, At any time, and firom �ime tQ time, upon request of Lender, Trustor wil] make, ex�cute and
<br /> deliver. or will cause�to be made� ex��uted or d�livered,to Lender ar ta Lender's designee, and when requested by
<br /> Lender, cause to be filed. �ecord�d, refi�ed, vr rerecorded, as the case may be, a� such �imss and in su�h offices
<br /> and p�a�es as Lender may deem apprQpria�e. any and a�l such mar�gages, deeds of trusf� se�urity deeds, secur�ty
<br /> agreements, f�nancing s�ka�ements, continu�tion s�tatements. instruments of �urther assurance, certifi�ates, and
<br /> other documents as may, in the svle apinion of Lender, be nec�ssary ar desirab�e in�rder to effectuate, �ompfe�te,
<br /> perfect, continue, or p��ser�e ��y Trus�or's �bliga�ivns under the NQ�e, #his D��d of Trust, and the Rela�ed
<br /> Dacumsnfs, and ��y the liens and se�u�ity interests creat�d by this Qeed �f Trust as �First and prior liens on the
<br /> Property, Uvhether n�w awned or h�r�after acquired by Trustor, Llnless prvhibified �ay �aw vr Lender agr��s to the
<br /> cvntrary in writing, Trustor shall r�imburse Lender fvr afl costs and expenses incurr�d in Gannection w�th the
<br /> mat�ers referred to in this paragraph.
<br /> Attornsy-in-Fact. lf Trustar fa€Is �o dv any of the things re�erred �o in �the preceding paragraph, Lender may do so
<br /> for and in the name of Trustor and at Trustar's expense. Far such purposes. Trustor he�e�y irre�o�ably appvints
<br /> Lend�r as Trustor's attorney�in--fact far the purpose afi malcing, execu�ing, d�fivering, fi�ing, recardin�, and dQing al3
<br /> ather things as may be necessary or desirab�e, in Lender's sale opinian, to accamplish the matters referr�d to in
<br /> the preceding paragraph.
<br /> FULL PERFDRIVIANCE. If Trustor pays ail the Indeb�edness, includin� without limi�atian afl fiuture ad�an��s, when due.
<br /> and ath�rv�rise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and
<br /> deliver ta TrusY�e a re�uest far ful� recon�eyance and shall execute and deli�er to Trustor suita�le sta�ements of
<br /> termina�ion of any �inancing statement �n file eWiden�ing Lender'� security interest in �the Rents and the Persvnal
<br /> Praperty. Any recon��yance fiee required by larrv shall be paid by Trustor, if perm��ted by applicable law.
<br /> DEFAULT. At Lender's option,Trust�r will be in defau�t under this Deed af Trus�if any of the foll�wing happen:
<br /> Fraud �r Material lVlisrepresen#ation. Trus�or commits �raud or materiaE misrepresenta�ion in cannec�ion with the
<br /> terms o�F the Note.
<br /> Paymen�De�auCt. Trustor fails ta m�et th� repayment terms vf the Note for any outstanding baiance.
<br /> ��her Defaults. Trustor's a�� or fa�lure �v act adversely aftects Len��r's s�curity Enterest in the Proper�y, or any
<br /> right of Lender's in such securi�ye
<br /> Right tv�ure. I�any defaul�, other than a default in paym�n�, is curabl� and ifi Trustar has not been�iven a n�ti�e
<br /> o�a breach vf the same pro�isi�n o#�his Deed �f Trus�uvi�hin ths preceding twel�e ��2� mon�hs, it may be cur�d if
<br /> Trustor. a�ter L�nder sends wri��en notic��o Trustor demandin� cure of such defau�t: {1} �ures the defaul�within
<br /> ten �1 C�� days; or ��} if�he cur� requires mare than ten ��Oy days. immediately initiates steps which Lender deems
<br /> in Lender's sale discre�ion to be suf�Ficient t� cure the defaul�and thereaf�er continues and complefies all reasonable
<br /> and ne�essary s�eps su�ficien�t tv produ�e c�mplian�e as soon as r�as�nably practica�.
<br /> RI�HTS ANI� REIVIEDlES QN DEFAULT. ff an E�ent a� Default a�curs under�his Deed o�Trust� at any time thereafter�
<br /> Trustee or Lender may exercise any�ne❑r mo�-e❑�the fal�owing righ�s and remedies:
<br /> Acceleration Upon �efault; AddEtiona! Remedies. If any E�en�of Defaul�o�curs as p�r �he terms ❑f�he Note
<br /> secured h�re�y, Lender may declare all Indebtedness secured by�his Deed of Trust ta be due and payable and
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