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2� 1 ��379� DEEI3 �F TRUST ��ontinu�d} Parge 4 Taxes. The following shall cons�itute taxes to which this s�c�i�n appIies: {'�� a specitic tax upon �his type ot Deed o�Trust or upon aI! or any part o�the indeb�edness secured by this ❑eed o�Trust; �2} a spe�i�rG tax on . Trus�or v►�hich Trustar is authv�i�ed �r required�o deduct from.payments on the fndebtedness secured by this typ� of Deed o�Trust; �3} a tax on�his�ype❑f❑eed �f Trus��hargeable against the L�nder or�he holde�-❑-�the Credi� Agreement; and �4� a speci�ic tax an aII o� any porti�n af the Indehtedn�ss ❑r �n paymen�s of principa! and i nteres�m a de by Trusto�r. �ubsequent Taxes. It any tax to which #his section appIies is enacted subsequent �o fhe date af this ❑eed o�F Trust, thi� even� shali have the same effect as an EWen� of ❑efault, and Lender may exerci�� any or aII af its a�a�lable remedies fior an E�en� ❑f ❑e�Fau�� as pro�ided beIow unless Trus�or either {1} pays the tax b�for� i� be�omes deCinquent, or {2} can�es�s the tax as provided abo�e in the Taxes and Liens section an� deposits wi�h Lende�cash or a suffici�nt corporate surety bnnd or other sacurity satis�act�ry to Lend��. SE�URiTY AGREEIVIENT; F[NANGING STATEMENTS. The foIlowing pro�isions relating �o this �eed of Trus� as a security agreement�re a part of�his Deed ❑f Trust: Security Agreement. This ins�rument shal[ canst�tute a 5e�uri�y Agr�ement to the extent any of the Property constitu�es fix�ures� and Lender shaIl have all ❑�the rights ❑�a secur�d parry under the Unifo�m Commercial Code as amended firam tzme t❑time. �ecurity Interest. Upon request by Lender, Trus�or shaIl take whatever actian is requested by Lender to per-�ect and �ontEnue Lender's securi�y interest in the Per�onaI Properry. 1n add�tion t❑ reco�ding this L�eed of T�usf in the � r�aI pr�perty records, Len��r mayf a� any time and wi�hvut further authorization fram Trustor, �ile execu�ed. cvunterparts, copies ❑r repr�duc�ions of this De�d o� Trust as a �Financing statement. Trus�or shaff r�eimburse Lender-Far a!� expenses incurr�d in perfiec�ing or Gontinuing this seGur'rty interest. Upon de�ault, Trustor shall no� remo�e, sever or detach the P�rsonal Prop�rty from �h� ProPerty. L]pon defau[t� Trustor shalf assembfe any Persanal Prop�rty not afFixed �o �he Prnperty in a manner and at a pface reasonably con�en�en� t� Trus�or and Lender and make i� a��i�able to Lender within �hree �3y days after receip� of written demand fram Lender�a �he extent perr-nitted by appIicable Iaw. Address�s. The mai�ing addr�sses ofi Trustor {debtar} and Lender �secured party� from whi�h in�orma�ion concerning �he security in�eres� granted by this Deed af Trust may be obtained {each as �equir�d by the Uni�arm �ommercial Code} are as stated on�he first page o��his Deed of Trust. FURTHER ASSURANCES; ATTQRNEY-IN-FACT. The �allawing prvvisions reIa�ing to further assurances and attorney-in-ta�t are a part o�F this ❑eed of Trus�; Fur~ther Assuran�es. At any time, and from �time ta �ime� upon reques�of Lend�rr Trustor wiII maf�er execute and deli�e�-, ar wiIl cause to be made, executed❑r deli��recf,to Lender❑r t❑ Lenderrs designee, and when requested by Lender, cause to he fif ed, recorded, re�iled, or rerecorded, as the �as� may �e, a� such times and in such nffices and places as Lender may d�em approp�iatef any and aII such mortgag�sr deeds o�trus�� security deedsr securi�y ' agre�m�nts, financing sta�emen�s, continua�ion s�at�men�sr instruments ot further assuran��r cert�ticatesr and � ather documents as may, in fhe soIe opinian o�Lenderr be necessary or desirable in ❑rder t❑ effec�ua�e, comple-�e, , perfec�, con�inue, ❑r preser�e �'�� Trusfinr's obligations unde�th� Credit agreemenf,this Deed vf Trus�, and fhe � R�Iated Da�um�nts, and �� the liens and se�urity interests crea�ed by this ❑eed a� Trust on the Propertyr � whether nvw vwned or hereafter acquired by Trustor. Unless prohxbited by Iaw or Lender a�rees ta�he con��ary in writingf Trustor shaIl reimburse Lender for al� costs and expense� incurred in connection with the mat-kers re�erred �ko in�his paragraph. Attvrney-in-Facfi. l�T�ustar_�aiI�to do any ❑t the things referred to in the preceding paragraph, Lender may da s❑ �fv� and in the name of Trusto�-and a�Trustor's expense. For such purposes,Trustor hereby irre�ocabjy app�in�s Lender as Trustor�s attorney-in-fact far the pu�pose o�making, executing, de[ivering,fiIing, recording, and doing aII ❑�her�hings as may be necessary ❑r desirable, in Lender's sale opini�n, to accomplzsh the mat�ers re�erred �o in the preceding paragraph. FULL PERFaRM�4IVCE. 2f Trus��r pays aII the Indebtedness when due,termina�es�he credit line acGount, and otherwise perfvrms aII the obliga�ions impvsed upon Trustor under this Deed af Trust, Lender shall exec�rte and deIiver�o Trus�e� a request for fuII reconveyance and shalf execute and deliver to Trustor suitabl� statemen�s o� terminatian of any finan�ing sta�ement an tire evidencing Lender'� security in�erest in the Rents and th� Persona� Prop�rry. Any r�con�eyance�ee r�quired �y Iaw shaI� be paid by Trustor� if permitted by app�icable faw. . EVENTS aF DEFAULT. Trus�or wi�� be in detauIt unde��his D�ed af Trust if any of the fo�Iowing happen: tA} Trustor commits fraud or makes a ma�eria� misrepresentation at any �ime in cannec�ion wi�h the Gredit Agreemen�. This �an incIude, far example� a �als� statemen� about Trustor's incame, asse�ts, liabiIities, ❑r any ❑ther aspects ❑f Trusto�'s financial condition. (By Trusta�dves not meet the repayment t�rms ofi th� Credit Agreement. �C� T�us�or's action ar inaction adrrersely affects �he col[ateral or Lend�r�'s rights in the colfate�aI. This can inGIude, for examp�e, faifure to mainta�n required insuran�e, waste or destructi�e use o-��h�dwe[ling,faiIure to pay�ax�s,dea�h of ail pe�-sons Iiable an the accQunt� trans�er of �title ❑r saIe ❑f the dwell�ng, Gr�a�ion o� a senior lien on �he dweffing withou� Lender's permissian,forecIosure by the h�lder of anvther lien, or the use❑f funds or the dweIIing fo�r prohibi�ed purpases. RIGHTS AND REMEDIES �N DEFAULT. If an Event of ❑e�ault occurs under this �eed af Trust, a�any�Cime�hereafter, Trustee ar Lender may exe�-�ise any one or more o�the following rights an� remedies: � Acceieration Upon DefauItr Additional Rem�dies. f-F any E�en�of Defaul�occurs as per�the ferms ❑f the �redi� Agr�eemen�secured hereby, Lender may de�Iare aII lndebtedne�s secure� by this Deed a�Trust t❑ be due and payable and the same�haII thereupon b�:come due and payable withaut any presen�men�, demandr pratest ❑r . notice❑f any kind. Thereafte�, Lender may: �a} Ei�her in p�rsan or by agen�, with ar wi�hflut bringing any action or proceeding, or by a r�cei�rer appainted by a caur�and withou�C regard t❑the adequa�y ot i�s s�curi�y� enter upon and�ake possessian of the P�op�rty, or-any part thereo�r in its own name or in the name of Trustee� and do any acts which it deems necessary or desirable�o preserve the vaIue� marketabiIi�y❑r ren�abiIity o�the Property� or�par-�o� the Property ar interes�in the Property; incre�se the income�rom the PrQperty or-protect the securi�y �t the P�oper�#y; and, with or w��hout taking possession �t-�he Pr�perty, sue far or o�herwise collec� the rents, issues and profits o�-�he Property� including �hose pas�t due and unpaidr and appIy�h� samer fess costs and expenses of operation and �oiCe�tion�ttarneys'�ees.to any indeb�edness s�cured by this �eed of Trus�, aII in �uch arder as Lender may de�ermine. The entering upon and taking pos$ession of �he Property, the colt�c�ian a-F such rents, issues and pro�i�s, and �h� appiication �h�r�af shaiI no� cu�e or wai�e any defaul�ar notice ofi defaur�under this Deed o�Trust or invalidate any act done in r�sponse t❑ such defaul�❑r pu�-suant to such notice❑f default; and, notwi�hs�anding the continuance in possession of the Property ❑r the coileativn� receipt and app�ication o-F rents, issues ar p�o�its, Trustee or Lende�-shall be en�i�Ced tv exercise e�ery right pro�ided for in the �r�di�Agreement or the Re[ated ❑acumen�s or �y Iaw upon#he accurrence af any�vent of detau�t, including�he righ�to exerGise the pvwer of sale; {b} Comm�nce an action�o foreclose this Deed of Trust as a mortgage, appoint a recei�er or speci�icalIy ent�rce any vf the covenants he�ea�; and �c� Befi�er to T�-usfiee a written declara�ion o-�de�ault and d�mand far sa1�and a writt�n na�ice at de�ault