2� 1 ��593�
<br /> DEED �]F TRUST
<br /> ��ont�nued} Page 5
<br /> �ncurred in recording, perfiecting or continuing this Deed of Trust, inc�uding wi#hout limita�ian all taxes, fees,
<br /> docum�ntary stamps, and ather charges for recording or regis�ering�his Deed of Trust.
<br /> Taxes. The following shall cons�itute �axes to whi�h this sect�on app[ies: t�� a specif�c �ax upon this #ype o�
<br /> Deed o�Trust ar upon all or any part o�the lndeb�edness secured by this Deed of Trust; �2} a specific tax on
<br /> Trustflr which Trustor is authorized ar required to deduc�from paymen�s on the Indebtedness secur�d by this type
<br /> of�eed of Trust; (3} a�ax on this�ype o�❑eed of Trust char�eable against the Lende�or the ho[der of the Credit
<br /> Agreemen�; and �4} a specific tax on all or any por�ion of the lnd�btedness or on payments of principal and
<br /> in�erest made by Trustor.
<br /> Subsequent Taxes. Ifi any tax �a wh�ch �his sectian app�ies is enacted subsequent ta the date of th�s T�eed of
<br /> Trust, this even� shall ha�e �he same effect as an E�ent of Default, and Lende� may exercise any �r al[ af its
<br /> aWailable remedies far an EWen� of Default as pravided below unless Trusto� either �'i} pays the tax before �t
<br /> becomes del�nquent, or �2} �ontes�s the#ax as pravided a�o�e �n the Taxes and Liens sec�ion and dep�s��s wi�h
<br /> Lende�cash ar a suffiicien�corporate surety bond or other se�urity sa�isfactory to Lend�r.
<br /> SECURlTY AGREEMENT; FINANCIN� STATEMENTS. The fallow�ng pra�isions rela�ing to this Deed o� Trust as a
<br /> security agreement are a par�af this Deed of Trust:
<br /> Security Agreemenfi. This instrument shall canstitute a Security Agreemen� to the ext�nt any o'� the Proper�y
<br /> cons��tutes fixtures, and Lender shall have al1 of the rights of a secured par�y und�r the Unif�rm �ommercial Code
<br /> as amended from time ta time.
<br /> Security 1nte�est. Upon request by Lender, Trustor shall �ake whate�er action �s requested by Lender �a perFec�
<br /> and cont�nue Lender's secur�ty interest in the Pers�nal Property. fn addition�o recording this ❑eed of Trust in the
<br /> real property r�cords, Lender may, at any t�me and without fu rther autho�izatian fr�m Trus�or, file executed
<br /> counterparts, copies or reproductians a� this Deed of Trust as a financ�ng statement. Trus�or sha[1 �e�mbu�se
<br /> Lender far ail expenses in�urred in perfecting or con�ir�uing �his security �nteres�. LJpon de�ault, T�ustor sha[1 no�
<br /> remove, sever or de�ach #he Personal Prope�ty from th� Prope�y. Upon d�fault, Trustor shall assemble any
<br /> Personal Prop�rty na� a�xed to �he Proper�y in a manner and at a piace reasonabiy �onvenien� to Trustor and
<br /> Lender and make it available to Lender within three �3} days after receipt ❑f written demand �rom Lender ta �he
<br /> extent permitted by appli�able law.
<br /> Addresses. The maifing addresses of Trustor �debtor} and Lender �secured par�y} from which informa�ion
<br /> concerning the security interest granted by�his Deed o�Trust may be obtained (each as required by the Uniform
<br /> �ommercial�ode} are as stated on�he frs�page of this❑eed of Trust.
<br /> Fl1RTHER ASSURANCES; ATTC]RNEY��N-FACT. The following provisi�ns relating to further assurances and
<br /> �tforney-in-fact are a part af th�s Deed of Trust:
<br /> Fur�her Assuran��s. At any�ime, and from time to time, upon request of Lender, Trusto�will make, execute and
<br /> deliver, or w�ll cause to �e made, executed or delivered, to Lender or ta Lender's designee, and when requ�s�ed by
<br /> Lender, cause to be fi�ed, recflrded, refiled, �r rerecorded, as the case may be, at such times and �n such ❑�fices
<br /> and p�aces as Lender may deem appropriate, any and a[I such mortgages, deeds of trust, securi�y deeds, security
<br /> agreem�nts, financing statements, con�inuation statements, instruments a� fur�her assuran�e, certificates, and
<br /> other documents as may, in the sale opinion of Lender, be necessary or desirable in order to effectuate, compfete,
<br /> perfec�, cantinue, or presenre ��} Trusfa�'s obligations under the Credit Agreement, th�s Deed of T�ust, and the
<br /> Rela�ed Documents, and [�} the liens and security interests created by �his Deed �f Trust an the Prop�rty,
<br /> whether r►aw owned or hereafter acquired by Trustor. Un�ess prohibited by�aw or Lender agrees t❑the contrary in
<br /> writing, Trust�r sha�l reimburse Lender�o�all costs and expenses incurred in cannection with th� ma�ters referred
<br /> #o in this paragraph.
<br /> A�tarney-in-Fac�. If Trustor fails to do any of the things refe�red ta in the preceding paragraph, Lender may da s❑
<br /> for and in the name a�Trus�or and at Trustor's expense. For such purposes, Trustor hereby irreWacably appo�nts
<br /> Lender as Tru��or's atta�ney�in-fact fior the purpose of making, executing, delive�ing,f�ling, recording, and daing all
<br /> other things as may be neces�ary ar desirable, in Ler�der's sole opinion, to accomplish the matters re�erred t� in
<br /> the preceding parag�aph.
<br /> FULL PERFORMANCE. i�Trustor pays all the Indeb�edness when due, t�rminates the credit line accoun�, and o�herwise
<br /> performs alf the obliga�i�ns impased upon Trus�or under this Deed of Tru�t, Lender shall exe�ute and deli�er t❑Trustee
<br /> a request f�r fuff reconveyance and sha11 execute and deliver t❑ Trus�or suitable statements of term�na�ion of any
<br /> financ�ng statement on file e�iden�ing Lender's securi�y �nteres� in the Rents and the Persanal Property. Any
<br /> reconveyance fee required by law shall �e paid by Trus�ar, if permit�ed by appl�cah[e 1avu.
<br /> EVENTS �F DEFAULT. Trustar wil� be in de�ault under this Deed of Trust if any of the fo�lowing happen: �A} Trustor
<br /> cammits fraud or makes a ma�eria! misrepresentation at any time in connec�i�n with �he Credit Agreement. This can
<br /> include, for example, a false statement about Trustor's ir�came, assets, liabilities, or any other aspects of Trustor's
<br /> financial condition. �B} Trustar does not meet�he repayment terms o�the Credit Agreement. ��) Trus�or's action or
<br /> inac�ion adversely affects �he collateral ❑r Lender's rights in �he collateral. This can include, for example, failure to
<br /> maintain required insurance,waste❑r destructive use of the dweiling, #a�lure to pay taxes,death o�all pe�sons �iab�e on
<br /> the account, trans�er� of title or saie o� the dwelling, creation of a sen�or lien on the dwe[ling withoufi Lender's
<br /> permission,foreci�sur� by the hfllder vf ano�her lien, or the use of funds or�he dwel��ng for prohibit�d purposes.
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