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2� 1 ��41 DEED �F TRUST Loan Nv: 7��Z9837� �Continu�d} I�age � Docum�nts, and ��} the liens and security inte�ests created by this Deed o�Trust as firs� and prior [iens on the Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by �aw ❑r Lender agrees to the �on�rary in writing, Trustar shalf reimburse Lender far a[[ casts and expenses incurred in connec�ion with the matters referred to in this paragraph. Attorney-in-Fac#. lf Trus�or fai�s to d❑ any ❑f the things referred ta in the preceding paragraph, Lender may do so for and in the name ❑f Trustor and at Trustar's expense. For such purpases, Trustor hereby irre�ocably appoints Lender as Trustor's attarney�in-tact for fihe purpvse of making, execu�ing, d�li�ering, ��ling, recording, and doing all o#her fihings as may be necessary or desirab�e, in Lender's sole opinian, �o accomplish the matters re�erred to in the preceding paragraph. FULL PERF�RMANCE. [f Trus��r pays a11 the �ndebtedness, including withou� limitation all #uture ad�ances, when due, and o�herwise performs ai! th� obligations imposed upon Trustar under �his ❑eed af Trust, Lender shall execute and deli�er t❑ Trustee a request fo� ful� recon�e��ance and shal[ execu�e and deli�er tv Trustor suitabfe statements of t�rmination o� any financing statem�nt on file e�iden�ing Lender`s se�urify interest in the Rents and the Persanal Pr�pe�-ty. Any recon�eyance f�e required by law sha�i be �aid by Trustvr, if permitted by appli�ab[e �aw. EVENTS �F DEFAULT. Ea�h of the to[[owing, at Lender's ap�ian, sha[f constitute an Event❑# Defauifi under this Deed ❑#Trust: Payment Defau�t. Trustar fails fio make any payment when due under the Indebtedness. Dther Defaults. Trustor faiis to comply with or to pe��arm any ❑�her term, obEigatian, cv�enant ar cvndition contained in this Deed o� Trust ❑r in any �t �he Related ❑acuments ar �o comply with or to perform any term, ❑bliga#ivn, c��nan�ar cnndition contained in any❑ther agreement between Lender and T�ustor. Compliance Defauit. Failure to comp�y vtiri�h any other term, ❑bligatian, co�enant or condition contained in this Deed o�Trus�,�he Note or in any o�the Related Documents. � Defaul#on D#her Paymen�s. Faifure o�Tr�Ts�ar within the time required by this I�eed of Trus�ta mak� any paymen� for taxes or insurance, ar any other paym�nt necessary t� pr��ent filing of or to e�fect discharge of any iien. False S�a#ements. Any warranty, repreaentation or s�atement made or furnished ta Lender by Trustvr or on Trustor's �ehalf under�his Deed of Trust ❑r the Re[ated Dacuments is false ar misleading �n any ma�eria[ respect, either now ar at the time made�r�urnished or becomes#alse or misleading at any fiime�hereaft�r. Defec�ive Collateraliiatian. This D��d ❑f Trust or any of the Rela�ed Dacuments ceases ta be in full f�rce and e��ect {�ncluding failure ❑f any co[lateral d�cument ta create a �alid and perfected security interest or lien} at any time and fvr any reasan. Death or Insolvency. The dissolu�ian o�F Trustor's {regardless of whether e[ect�on fio continue is made�, any memb�r withdraws from fhe limited liabiEity company, ❑r any other termination o�Trustor's existenc� as a going business or the death af any member, th� insal�ency of Trustar, the appointment ot a recei�er for any part ❑f Trustor's praperty, any assignment fvr the b�nefit ❑f creditors, any type �f creditor workou�, or �he commencement of any praceeding under a�ny bankruptcy or insolvency laws by❑r against Trus�or. Creditor vr Forfeiture Prv��edings. Cammencement o� far�closure or forfeiture proceedings, whefiher by judicial proceeding, seE�-help, repassession ❑r any nther meth�d. by any credi�or❑f Trustvr or by any go�ernmental ag�n�y against any property securing the lndebtedness. This includes a garnishment of any of Trustor`s accounts, Enciuding dep�sit accaun�s, with Lender. Howe�er, this E�ent af Defaul� sha[[ nat app[y if there is a gaad faith dEspute by Trus�tor as ta the �alidity ❑r re�svnabfeness o�fihe claim which is �he basis af the creditor ar forfeiture prflceeding and if Trus�ar gives Lender v+�ritten notice o� the credi�or or farfei�ure proceeding and deposits wf�h Lender mvnies ar a sure�y bond tor the cr�editvr or�vrfeiture proceedEng, in an am�unt determined by Lender, in its so�e discretion, as be�ng an adequa�e reserve or b�nd fvr the dispute. greach of�ther Agreement. Any brea�h by Trustar under the fierms of any other agreement between Trustor and Lender that is nat r�medied within any grace period pr��ided therein, in�luding without limitation any agreement concerning any ind�bfedness or❑ther ob[igation❑f Trus�or to Lender, whether existing naw❑r 1a�er. Even#s A##ecting Guarantor. Any o�the preceding e�ents occurs with �especfi to any guarantar, endorser, surety, or accommodafiion par�y of any nf the ln�iebtedness o� any guarantor, �ndarser, surety, or accommodation party dies or becomes incompetent, �r re�okes or disput�s the �alidi�y �f, or liability under, any Guaranfiy ❑f #he [ndebtedness. Adverse Change. A ma�eria[ ad�erse change accurs in Trus�or's financiai canditivn, ar Lender be[ie�es the prospec�o�paymen�or p�rformance o�th� Indebtedness is impa�r�d. insecurity. Lender in g�od�ai�h be[ie�es itself insecure. Existing Indeb#edness. The paymenfi❑�a�y instal[ment of principal ar any interest on the Existing lndebtedness is not made within�he time required by the prvmissory na�e e�idencing such indeb�edness, ar a default accurs under the instrument securing such indebtedness and is nat cured during any app[icabie grace period in such instrumentf or any suit❑r o�her act�on is commenced�:o forecEose any existing lien❑n the Praper�y. Righ��o Gure. lf any defau�t, other than a de�au�t in paymen�, is curab�e and if Trustvr has no�been given a nvtice