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- 2� 1 ��332� <br /> DEE� �F TRU�T <br /> Loan No: '����I 75�7 ��o�ltinu��} �ag� � <br /> this Deed �f Trust and take whatever other a�tion is requested by Lender to p�rfect and continue Lender's lien ❑n <br /> the Rea! Prapert}�. Trustar shall reimburse Lend�r far all taxes, as described below, tagefhe� with �I1 expenses <br /> incurred �n r�carding, per�ecting �r �ontinuing this Deed ❑� Trust. including wi�haut limitation all taxes, fees, <br /> documentary stamps, and o�her charges�c�r record�ng a�regist�ring this ❑eed❑f Trust. <br /> Taxes. The ��ll�wing shall cvnstitute taxes �o which this se�tiQn applies: {1} a spe�if�� tax upan this �ype �� <br /> Deed of Trust ar upan all �r any part af the lndebfiedness secured by fhis ❑��d af Trust; {�� a specific �tax an <br /> Bor�ov+r�r whiGh Bvrr�wer is authorized ar re�uired to deduct fram paym�nts on the �ndebtedne�s secured by�his <br /> typ� �f ae�d af Trust; �3] a tax on �h�s type �� Deed of Trust chargeable a�ainst the Lender �r th� hvider �'�th� <br /> Nate; and ��} a spec��ic tax an ��� or any partian a� the lndehtedr�ess �r �n payrnents of principal and inter�st <br /> made by Barrower, <br /> Subsequent Taxes. �� any tax �a �hi�h this section applies is enacted subsequent tv the �ate of fihis Deed af <br /> Trust, this event shali haw� the same e#fect as an E�ent af De�aul�, and Lender may �xercise any �r al� of its <br /> a�ailabl� rern�di�s far an E�ent ❑f aefau�t �s proW�ded l�elaw un�ess Trustor either ��� pays the tax befar� it <br /> �ec�mes delin�uen�r ar {2� c�n�ests �he tax as pr�vi�ed abo�e �n the Taxes and Liens sectian and �ep�sits with <br /> Lender cash ar a suffici�n� corp�rate surety 1a�nd ar vther security sa�isfactory t� Lender. <br /> SE�URiTY �4GREEMENT; FINAN�IN� STa4�EMENTS. The faflow�ng pravisians relating fio this Deed of Trust as a <br /> s�cur3ty agreemen�are a part a�this f��ed af Trust: <br /> 5ecurity A�reemen�. This insfrument sha11 constitute a S�curity Agreement to �he extent any �f �he Praperty <br /> c�ns�itu�es �ixturesr �nd Lender shall hav� ali vf th� rights vf a secured party under�he Uni�orm Carnmer�ial Cade <br /> as amended from time t�tirne. <br /> Secur�ty Interest. �]p�n re,quest�by Lender, Trustor shali �ake What�W�r actian is requssted by Len�er t❑ perfect <br /> and cantinue Lender's secur�ty intsr�st in the Pers�na� Property. in addit�on fio recording this Deed ��Trust in the <br /> real praper�ty re�ards, Lend�:r may, af any time and withaut further auth�r�zation fram Trustor, fi�e executed <br /> counterparts, copies �� re�radu�tions af this Deed of Trust as a �inancing statement. Trus��r shal� reimburse <br /> Lender for aIl expenses incurt�ed in per�ecting or �ontinu�n� this security interes�. LJpan de�aul�, Trustor shall not <br /> remvver sever �r detach the Pers�nal Pr�perty frQm the Praper�y. Upan defau�t, Trusfivr shal� assemble any <br /> P�rsanal Praper�y no� affixed to the Proper�y in a manner and at a place reasonab[y �anvenient t❑ Trustor and <br /> L�n�er and make it �vai�able tQ Lender within three �3� days af�ker rece�p� �f written demand fram Lender to the <br /> e�ctent permitted l�y app���able law. _ <br /> Addresses. The mailing addresses Qf Trust�r �del�t�r} and Lender �secured party� from which in�ormatian <br /> concerning the s�curity �n-��rest granted by this aeed a#Trus� may be obtained {ea�h a� required hy the Uniform <br /> Cammercial Code} are as stated on�he first page af this Deed o�Trust. <br /> FURTHER ASSUI�AN�ES; ATT�RNEY-IN-FA�T. Th� follvwing pro�isions relating to further assurances and <br /> attarn�y-in-fact are a pa�fi of this Deed of Trust: <br /> Furth�r Assurances. At �ny time, and #r�m time to time, upan request t�f Lender, Trustor will make, execu�e and <br /> d��iver, ar will cause�o �e mad�, exe�u�ed a�-delivered, to Lender or to Lender's designee, and when requ�sted by <br /> Len�er, �ause to be fi�ed, recorded, refiled, ar rerecarded, as the �ase may be, at such �imes and in such vffices <br /> and places as Lender may deem appropriate, any and ali su�h mortgag�s, d��C�S ���i'US�� secur�ty de�ds, securi�y <br /> _ agreements, financing statements, ��n#inuation s�at�rnents, ins��ument� �f furth�r assuran��, ��rtificat��, and <br /> ��her dacum�nts as may, in the sal� ❑pin�an ❑f Lender, i�e ne�essary�r desirable in order to e�fectuate, complete, <br /> p�rfect, �ontinue, or preserv� {1� 6ar�ower's and Trustar's ohligatians under the Note, this Deed of Trust, and <br /> th� Rela�ed Dacuments, an� ��} th� �iens and securi�y �nter�s�s �r�ated by this D�ed vf Tr�s� on the Prap�rty, <br /> wheth�r now o�vned ar her�after acqu;red �y Trustor. Unlass prvhibited by law vr Lender agr��s#❑ the cont�ary in <br /> wri�ing, Trust�r sha11 reimburse L�nder for all costs an� e�€penses incurred in connection with the matters referr�d <br /> to in#his paragraph, <br /> Att�rney-in-Fact. I#Trust�r fails to do an� of the things re#erred to in the preceding paragraph� Lender may dv sa <br /> far and in �he name of Trustar and at Trustor's e�penseo For such purp�$es, Trustor h�r�by irr�vocably app�ints <br /> L�nder as T�ustor's attarney-in-faGt fvr the purpose o�making, e�cecu�ing, deliWering, filing, recarding, and doing afl <br /> ❑ther th�n�s as may be nec�ssary vr desirab�e, in Lender's sale opinionr to accamp�ish the matters re�erred to in <br /> the preceding paragraph, <br /> FULL PERF�RIViANGE, lfi Barrower and Trustor pay all the �nde�'�edness when due, �nd Trust�r otherwise performs al� <br /> the ob�i�ativns impas�d upon Trustor under this ��ed �f Trust, Lender shal�execute and deliWer t�Trustee a request for <br /> fu�l re�vnv�yance and sha�l execute and defiver�o Trust�r sui�kahle statem�nts o�terminatian of any financing �tat�ment <br /> on,fi�e evidencing Lender's se�urity �nterest in �he Ren�s and the Personal Property. Any recon�eyance fee required by <br /> law shali he paid hy Trustar, �f permitted by applicable law. <br /> EllE1VTS �F DEFAULT. At Lende�'s aptian, Trustar will be in default under this Deed af Trust if any of the follawing <br /> hap�en: . <br /> Payment De�Fau�#. Bvrrav�er fai[s �❑ make any payment vvhen due under the Indebtedness. <br /> Braak �ther Promises. Borro�nr�r ar Trustor breaks any promise made t� Lender ar fa�ls �� �erf�rm pramp�tly at�he <br /> tim�and strictiy in the manner provid�d in this Deed�f Trust ar in any agreement re�ated t��his �eed o�F Trust. <br /> �amp�iance Default. Failure t❑ G�mply wi�h any ather term, ❑bfigation, co�enant or conditi�n contained in �his <br /> Deed�f Trust,�he Note ar�n an�of�he Related D�cuments. <br /> D�fault o� �the�Pa�rments. Fai�ure a�Trust�r w�thin the time r�quire� by this Deed af Trust#� ma�e any payment <br /> tar ta�es ar insuranGe, or any ather paym�nt ne�essary tv pr�ven�filing af o�t� effect dischar�e❑f any lien. <br /> Defau�# in Favar af Third �ar�ies. Should Borrawer �r any Gr�n�or defau�� under any loan, extensian af �redi�, <br /> security agreemen�, purchase or sales agreem�nfi, o� any a�ther agreementr in faWor af any vther cr�ditor �r person <br /> �tha� may materially af�e�t any of Borr�w�r's ar any Granfiar's property ar Borrower's a��Iity to repay the <br /> lnde[�tedness ar Bvrrawer's ar Crantar's ability ta perform their respeG�ive ah�igati�ns und�r this Qee� ❑�Trust �r <br /> any of�he Rela�ed L�acum�nts. <br /> False �tatements. Any representati�n or statement made or fiurnished to Lender by Barraw�r or Trustor or �n <br /> Barrawerr5 �r Trust�r's �ehalf unde� �his Q��t� O� TTLlSfi ar the R�Iated Dacuments is fals� c�r misieading in any <br /> ma�er�al respec�, ei�hex naw or at�he time mad�or furr�ished. <br /> D�'fective Callafi�ra�izati�n. This Deed af Trust ar any af th� Related �acuments ceases ta be in tull force and <br /> effeGt �inc[uding failur� of any ca1latera� �vGument t� �rea�e a valid and perf�cted security in�eres� ar [ien} a� any <br /> time and for any r�ason. <br /> Dea#h ar tnsotvency. Th� �eath t�f ��rrower o�Tru$tar, �h� in�al�enGy��F garrow�r ar Trustor, the a�pointment of <br /> a receiver�ar any part❑f Barrawer's or Trustor`s praperty, any assignment for the benef�t of creditors, any type ❑� <br /> creditQr workout, or the commencement �f any pracee�iing under any bankrupt�y �r �nsvf�en�y laws �y or a�ains�t <br /> Bvrrower�r Trus�or. <br /> Taking vf the Praper�y. Any �reditor or gavernmenta� agen�y �ries to t�ke any o� the Praperty �r any �ther of <br /> Bo�rower's or T�ustor's property in whiGh Lend�r has a lien. Th�s �ncludes taking of, garnishing of ar le�ying on <br />