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2� 1 ��� 152
<br /> DEED �F TRUST
<br /> ��ontinued� Page 5
<br /> �his Deed of Trus�and take whate�er ather actian is requested by Lender�o perfect and con�inue Lender's lien on
<br /> �he Real Praperty. Trustar shall reimburse Lender for all taxes, as desc�ibed belaw, toge�her with a11 expenses
<br /> incurred in recording, perfecting o� cantinuing this ❑eed of T�ust, including without limita�ian ail �axes, fees,
<br /> documentary s�amps, and other charges for recording❑r registering this Deed of Trust. .
<br /> Taxes. The following shall canstitute taxes �o which this sec�ion appf�es: �'�} a specific tax upon �his type of
<br /> Deed vf Trust or upon a�l or any part of�he [ndehtedness secured by �his ❑e�d a�Trust; �2} a specific tax an
<br /> Trustor which Trustor�s authorized or required to deduct fram payments an#he Indebtedness se�ured by th��type
<br /> of Deed of Trust; �3} a tax on this type o�Deed o�Trust chargeab�e against the Lende�or the halde�of the�redit
<br /> Agreement; and �4} a spe�i�ic tax on alf or any portian o� �he Indebtedness or on payments of princ�pal and
<br /> interest made by Trustor.
<br /> Subsequent Taxes. I� any �ax �o which th�s sect�an applies is enact�d su�sequent �a the date of this Deed of
<br /> Trust, this e�ent sha�l have �h� same e�fect as an Event of Default, and Lender may ex�rcise any or al� of its
<br /> available remedies for an Even� of De�aul� as pra�ided belaw unless Trus�ar either �'I} pays �he tax before it
<br /> becomes de�inquent, or �2) �ontes�s the tax as provided abo�e in the Taxes and L�ens section and deposits with
<br /> Lender�ash or a suffEcient corpora�e sur��y bond or other security satisfactary to Lender.
<br /> SEGURITY AGREEN'IENT; FINANCING STATE�I�IENTS. The fallowing pro�isions relat�ng ta this [�eed of Tru�t as a
<br /> security agreement are a part of this ❑eed of Trust:
<br /> 5ecuri�y Agreement. This instrument sha[1 constitute a Security Agreement to the extent any of the Property
<br /> cons�itutes fixtures, and Lender shall have alC ofi the rights of a secur�d party under�he Uniform Commercial Code
<br /> as amended from time ta time.
<br /> Security In�erest. Upon �eques� by L�nder, Trustar shall take wha�e�er action is requested by Lend�r to perfec�
<br /> and �ont�nue Lender`s se�urity �nteres� in the Persona! Proper�y. �n addition to recording �his De�d o�Trust�n the
<br /> rea� prope�ty reca�ds, Lender may, at any t�me and w��hout further au�horiza�ian from Trustor, �{Ce executed
<br /> counterpar�s, copies or reproductions o� this ❑eed o� Trus� as a financing statement. Trustar sha[1 re�mbu�se
<br /> Lender�or al1 expenses incurred in per�ec�ing or continuing �his security interest. Upon default, Trustor sha�l nat
<br /> remove, se�er or detach the Pers�nai Property �rom #he Property. Upan defauf�, Trustor shal! assemble any
<br /> Personal Prop�rty not affixed ta the Property in a manner and at a place reasanab�y convenient to T�ustor and
<br /> Lender and make i# available �a Lender within three �3} days after receipt ❑�written demand from Lend�r to the
<br /> �xfien�permitted by applicabl�Law.
<br /> Addresses. The mai�ing addresses of Trustor �debtor} and L�nder [se�ured party) from which in�ormation
<br /> concerning the securi�y interes�granted by �his ❑eed af Trust may be obtained ��ach as required by the Uniform
<br /> Commercial Code}are as sta�ed on the first page of this Deed�f Trust.
<br /> FURTHER ASSURANCES; ATT�RNEY-IN-FACT. The follQwing provEsions �efa�ing to furthe� assurances and
<br /> at�orney-in--fac�are a par�of th is Deed of Trust:
<br /> Fu�her Assurances. At any time, and fram �ime to tir�e, upon request of Lender, Trustar will make, execute and
<br /> de�iver, or will cause#o be made,executed or delivered, to Lender�r to Lender's designee, and when re�uested by
<br /> Lender, caus��a be filed, recorded, refi�ed, ar rerecorded, as the case may be, a�such times and in such offices
<br /> and places as �ender may deem appr�priate, any and all such morkgages, deeds o�trust, security deeds, se�ur'tty
<br /> agreements, financing statemen�s, continuation sta�emen�s, instruments of further assu�an�e, cer�ificates, and
<br /> other documents as may, in the svle opinion �f Lender, �e nec�ssary or desirab�e in order to effectuate, camplete,
<br /> perfect, continue, or pr�se�ve �'i 3 Trustor's obligations under the Credit Agreement, this Deed af Trust, and the
<br /> Related Documents, and �2} the liens and security interests cr�ated by this Deed af Trust an �he Praper�y,
<br /> whether now owned or herea�ter acquired by Trustor. Unless prohibited by law❑r Lender agrees to the cont�ary in
<br /> writing, Trustor shall reimburse Lender for all casts and expenses incurred in cannection w�th the matters referred
<br /> �a in this paragraph.
<br /> A�tarney-�n-Fact. I�Trustar�ai1s�o do any of the things re�erred to in the preceding paragraph, Lend�r may do so
<br /> far and in the name of Trustor and at Trustor's expense. F�r su�h purposes, Trustor hereby irrevacably appoin�s
<br /> L�nder as Trustor's attorney-�in�-fac#for�he purpose of making, ex�cuting, deli�ering,filing, reco�ding, and doing all
<br /> other things as may be necessary or desirable, in Lender's sale opinian, �o accomp�ish the matters referred �❑ �n
<br /> the preceding paragraph.
<br /> FtlLL PERF�RMANCE. I�Trustor pays a�l the Indebtedness when due,�erminates the credit line accoun�, and a�henrvise
<br /> per�arms all �he obligations imposed upan Trustor under this ❑eed of Trust, Lender shal[ execute and de�iver�o Trustee
<br /> a request �or full recanveyance and shal! �xecute and deliver ta Trustor suitable statements of termination of any
<br /> f nancing statemen� on file e�idencing Lender's security interest in the Rents and the Persanal P�operty. Any
<br /> reconveyance�ee required by iaw shall be paid by Trustar, if perm�tted by applicable law.
<br /> EVENTS �F DEFAilLT. Trustor wi[I be in default under this ❑eed o�Trus�if any of the fol[�w�ng happen: �A} Trustor
<br /> commi�s fraud ar makes a material misrepr�sentation a� any time in cannection wi#h the Credi�Agreemen�. This can
<br /> inc[ude, far example, a false s�atement about Trustor`s income, asse�s, liabifities, ar any othe� aspects a� Trustor's
<br /> financia� corrdition. �B} Trustor daes nat meet the repayment te�ms o�F the Credi�Agr�ement. �C} Trustor`s action or
<br /> inactian adverse[y affects the callateral or Lender's rights �n the collateral. Th�s can inc�ude, far example, f�ilure to
<br /> maintain required insurance, waste or destructive use o�the dwelling, failure to pay taxes, death ❑�all pers�ns liable on
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