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<br /> DEED �F TRUST
<br /> �Gantinue�I} Page 4
<br /> Taxes. Th� fa[lowing sf�a11 constitute taxes to whi�h this s�ction appIie�: �1} a specific tax upvn this �ype of
<br /> ❑eed a�F Trus� or up�n a!! or any part of the Indebtedr�ess se�u�ed by this ❑eed o�T�-us�; ��7 a speGific tax on
<br /> Trus�ot-which Trusto�is autharized or required t❑ deduc�from paymen�s on th� Indeb�edness se�ured by this type
<br /> of D�ed a�F Tt�ust; [3} a�a� on this type af❑eed af Trust chargeabie agains�fhe Lender or�he holder a�the Cr�dit
<br /> Agreement; and �4} a speci�Fic tax ❑n aII or any portion vf �he Indebtedness or an paymen�s of principai and
<br /> interes�made by Trustor.
<br /> Subsequent Taxes. If any �ax t� which this section appli�s is ena��ed subsequent �o the da�e of this ❑eed of
<br /> Trust, this even� sha�! have th� same effect as an E�en� vf De�auEt, and Lender may exercise any or all of its
<br /> a�ailable remedies �For an E�enf afi ❑efau�t a� pro�ided below unless Trustar either �'i} pays the tax befare i�
<br /> b�cvmes d�linquent, or {�3 contests�h�fax as pra�ided abvve in �he Taxes and Liens sectivn and d�pasits with
<br /> Lender cash or a suffi�ient corporate surety bond ar vther security satisfac��ry�o Lender.
<br /> SEGURITY AGREEMENT; F�NANG[NG STATEMENTS. The fallawing pro�i�ions relating to �his Deed o� Trust as a
<br /> �ecurity agreement are a parf�t this Deed of Trust:
<br /> Security Agreement. This instrument shal! constitut� a Security Agreement �� �he extent any o� the Property
<br /> �vnstitu�es �ix�ures, and Lender shall ha�e all ❑f�he righ�s of a secured par�y under th� Uniform Commercial Cade
<br /> as amended from t�me to time.
<br /> 5ecuri#y interest. Upon reques� by Lender, Trustvr shafl �ake whafe�er action is requested by Lender to perfect
<br /> and con�inue Lend�r's security interest in th� Personal Property. In additian �o recording this Deed a�T�us� in the
<br /> rea� property re�ords� Lender may, a� any �ime and withau� �urther author�izatian from T�ustor-, �i�e execu-�ed
<br /> counterpar-�ts, copies ❑r reproductions ❑f �his Deed o� Trus� as a financing sfa�emen�. Trustor shalf reim}�urse
<br /> Lender far all e�cpenses in�urred in perfecting or con�inuing this security inferes�. Upon defaul�� T�usfar shall na-�
<br /> remv�e, se�er or detach �he Personal Prop�rty �Fr-om �he Prvperty. Llpon d�fauI�, Trustor shall assemble any
<br /> Pe�sanal Praperty nof af�ixed to fhe Properky in � manner and at a p1aGe reasonably con�enient to T�usfor and
<br /> L�nder and make it available to Lender wi�hin three {3} days af-rer receipt ❑fi written demand �Fram Lender to �he
<br /> exfent permitted by appiicable law.
<br /> Addresses. The mailing addr�sses of Tt�us�or �debtor} and Lender {secured party� from which information
<br /> concerning the security interest granted by this Deed af Trust may be obtained [each as required by �he Uni�Form
<br /> Cammercial Code} are as sfated on the#i�s�pag�of this Deed o-F Trus�.
<br /> FURTHER ASSURANCES; ATTflRNEY-IN-FACT. The fallawing pro�isions rela�ing ta further assurances and
<br /> at�arney�in-fa�t are a park of this Deed o�Trust:
<br /> Further Assurances. At any time, and fram time to time, upon r�ques�af Lender, Trus�ar will make, execute and
<br /> deli�er, ❑r will cause to be made, executed ar deli�ered,�o Lender❑r t❑ Lender's designee, and when �eques�ed by
<br /> Lender, Gause t❑ be filed, recorded, refiled, or rerecarc�ed, as �he case may ber at such times and in such offices
<br /> and pIaces as Lende� may deem appropriate, any and aIi such mor�gages, deeds of trust, security deeds� security
<br /> agreements, finan�ing statements, cantinuation statements, instruments of further assurance, certifi�afes, and
<br /> other dacuments as may� in�he sole apinion of Lender, b� ne�essary ar desirable in or-der�o effectuate, comple�e�
<br /> per�e�t, �on�inue, or� pr-eser�e {"i} Trustor's obligativns under the Cred�t Agreemen�, this aeed of Trus�, and the
<br /> Related Dvcuments, and ��y the liens and securi�y intet�es�s �reated t�y this Deed of Trust an �he Property,
<br /> whether now owned or hereafter acquired by Trustar. Unless prohihited by law or Lender agrees�❑�he �antrary in
<br /> wri�ing, Trustor shall reimburse Lender far a11 �os�s and �:xpenses incurred in connectian with fhe matters �-eferr�d
<br /> to in this par-agraph.
<br /> Attorney-in-Fact, If T�ustor�ails ta d� any ❑f the�hings referred to in the preceding paragraph, Lender may do so
<br /> for and in �he name of Trus�vr and a�Trustor's �xp�nse. Far such pu�pases, Trustar hereby irrev�cabIy appoints
<br /> Lender as Trusfor's at�arney-in-fa�t far fhe purp�se of making� executing� deli�eringr filing, re�arding, and doing all
<br /> vther things as may be necessary �r desirable, in Lende�'s svle opinion, ta a�complish the ma�ters referred �o in
<br /> the preceding paragraph.
<br /> FULt P�RF�RMANCE. ��Trustar pays aII the �nd�btedness when due,terminates�he Gredi�line account, and otherwise
<br /> performs aII the obligations imposed upon Trus�or under�his Deed of Trust, Lender shafl execute and deli�er to Trustee
<br /> a request for fulI reconveyance and sha11 execute and deli��r t� Trusfor suitabI� s�afements of �ermination of any
<br /> financing s�ta�emen� on file eviden�ing Lender's security interest in the Rents and fih� Personal Property. Any
<br /> reconueyance fee requir�d by law sha�j be paid by Trustor,i�permitted by applicable Iaw.
<br /> EVENTS �F ❑EFAt]LT. Trus�or will be in de�aul� under this ❑eed o�F Trus� if any o�the �v��owing happ�n: �A} Trustor
<br /> commi�s f�aud or makes a material misrepresentation at any time in connectzon with the Credit Agr��men�. This can
<br /> include, �or e�ample, a false sta�ement abau� T'rus�ar's income, assefs, liabiiities, ar- any other aspeGts o� Trustor's
<br /> finan�ia� conditian. (B} Trustor does not meef the �epaymen�terms o�the Cr�dit Agreement. {C} Trus�ar'� ac�ion or
<br /> inactian ad�erseIy aff�cts the ��liateraI ar LenderT� rights in the coIlate�-al. This can incEude, far example� faiIure fv
<br /> maintain required insurancer waste�r destructi�e use o-F the d�ve�Iing, failure ta pa�faxes� death of a1I pers�ns Iiable on
<br /> the a�count; transfer af title ❑r sale of the dwelling, Greation of a senior Iien on the dweIIing withau� Lender's
<br /> perm�ssion�foreGlvsure by the holder af another lien, or the use o�funds or�he dwe�]in�for prohibited purposes.
<br /> RI�HTS AN❑ REMEDIES �N ❑EFAULT. If an Event o� Default occurs under this Deed of Trus�, at any time thereaft�r,
<br /> Trustee or Lend�r may exercise any one or more❑f the following rights and remedies:
<br /> Acce[erativn Upon DefauIt;Addi�ional Remed"res. I�F any E�enf❑f DefauIt oc�urs as per the ferms o�the Cr�:di�
<br /> Agreemen�secur�d hereby, Lender may de�la�e all Indebtedness se�ured by�his Deed o-F Trus��o b� du� and
<br /> payable and the same shall the�eup�n become due and payable without any presentment, demand, pra��st o�
<br /> notice❑f any kind. Thereaftet-, Lender may:
<br /> {a� Either in person or by agent, �nrith ❑r without bringing any a�fion vr proceeding, ❑r by a receiver
<br /> appointed by a caur�and withaut regard �❑ �he ad�quacy ❑f its seGuri�y, enter upan and take possession
<br /> of the Prapertyr or any part thereofi, in its ❑wn name or in�he name �f Trustee, and do any acts which i�
<br /> deems necessary or desirabie ta preserve the�alue, marke�ability o�rentability o�the Property, ��part of
<br /> the Property or int�res�in the Prvperty; in�reas�the income from �he Property or p�otec�the securi�y of
<br /> �he Property; and, with or without taking passession of the Prope�y, sue for ar otherwise collect �he
<br /> rents, issues and pro�its ❑�the Propertyr including thase past due and unpaid, and apply the same, Iess
<br /> cos�s and �xp�nses of operation and collecti�n attorneys' fees,t❑ any xndebtedness secured by�hi� aeed
<br /> ❑t Trust, a11 in SLICh order as Lender may determine. The en�ering upon BTlC� ta�CIC1g �7DS5LS5lD!'1 of the
<br /> Property► the cvlleGtian of such rentsr issues and pr�-Fits, and the appIica�ion thereo� shall n�t cure or
<br /> wai�e any defauft or no�ice o�detault under this Deed af Tru�t�r invalida�e any ac�done in response to
<br /> such defaul�or pursuant ta such notice of de�Faui�; and, natwithsfanding the continuanc�in passession❑f
<br /> the Property ❑r the ca1lec�ion, receipt and app�icati�n ❑� renfs, issues or prof�ts, Trus�ee or Lender shafi
<br /> be enti�led t❑ ex�rcise e�ery right pravided far in the Credit Agreement or the Related Dacumen�s or by
<br /> !aw upan the oGGurrence of any eW�nt af d�fa�it, in�Iuding�he right ta �xercise the power❑f saIer
<br /> {b� Commence an ac�ion to fvreclose this Deed of Trus�as a martgage, appoint a re�eiv�r or spe�ifica�iy
<br /> enfarce any o�the covenants hereof; and
<br /> �c7 Deli�er to Trus-�ee a writken declaratian of default and demand��r sa�e and a writfen nntice of default
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