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<br /> Lvan Na: 1�1298925 �Cant�nued� Page 6
<br /> term, obiigation� cv�enanf or candition contain�d in any ofher agreement between Lender and Borrower❑r Trustor.
<br /> Compliance De�Fau[t. Failure t❑ comply with any other term. ob[igation, co�enant ar corfdition contained in this
<br /> De�d of Trust,the Note or in any o�the Related ❑ocuments.
<br /> Detaul#on �#her Paymen�s. Fai�ure af Trustar within the time required by this Deed af Tru�t to make any payment
<br /> �Fvr taxes�r Ensurance, or any❑ther paymen�necessary fio pre�enfi filing ❑f❑r to e��ect discharge of any lien.
<br /> False Statements. Any warranty, representation ❑r stat�ment made ar furnished to Lender by 6arrower ar Trustor
<br /> or on Borrower's ❑r Trustor's beha[t under this Deed o�Trust ❑r the Related Documents is fafse ar mis�eading in
<br /> any material respect, either now or at th� time made or �u�-nished �r becam�s fialse or misleading at any time
<br /> thereafter.
<br /> De�ecti�e Cvllateralization. This Deed ❑t Trus# or any v� the Re�ated D�cuments ceases ta be in tu�[ fvrce and
<br /> effect �incfuding failure a� any cvllateraf document to create a �afid and perfected securit�r interest or lien} a# any
<br /> time and fvr any reasvn.
<br /> Death or Insvl�ency. The death ❑fi g�rrower or Trustvr, the inso��ency af Borr�wer o�Truatar, the appointmenfi of
<br /> a re�ei�er far any par�of Borrower's ❑r T�ustvr's property, any assignment far the benefi#��credi�ors, any type o�
<br /> creditar wvrkvut, or the commencement af any p�-oceeding under any bankruptcy or �nsol�ency laws by o�against
<br /> Borrower or Trustar.
<br /> Creditvr or Forfei�ure Prviceedings. Commencement of fvreclosur� or farfei�ure proceedirlgs, whether by jud�cial
<br /> pro�eeding, sel�-help, repassessivn or any ❑ther method, by any creditor of B�rrower �r Trusfior or by any
<br /> go�ernmenta[ agency against any property securing fihe [ndeb�edness. This includes a garnishment o� any of
<br /> Borrower's ar Trustar's accaun�s, including deposit accounts, with Lender. Hov►re�er, this E�ent ❑f De�ault shall
<br /> nflt apply �#ther� is a ga�d �ai�h dispu�e by Borrower ar Trustar as to �he �alidity or �-easonab[en�ss o��he claim
<br /> wh�ch is �he basis of the creditor ar f�r�eifure proceeding and if Borr�wer❑r Trustor gi�es Lender writ�en nvtice af
<br /> the creditor or forfeitur� proceeding and depvsits with Lender monies vr a surety bond far�the creditor❑r#ar�fei�ure
<br /> pro�eeding, in an amount determined by Lender, in its sole discretion, as being an adequat� reser�e or bond�or th�
<br /> dispute.
<br /> Breach o#�ther Agreement. Any breach by Borrower vr Trustor under the terms of any other agreement b�tween
<br /> Barrower ❑r Trustor and Lender that is not remedied within any grace period pro�ided therein, including wEthoufi
<br /> �imitation any ag�eement concerning any indebtedness ❑r vther ❑bligation of Borrvw�r vr Trus�or tv Lender,
<br /> whefiher existing now or[ater.
<br /> Events A#fe�#ing Guarantvr. Any ❑f the preceding events oc�urs with respect to any guarantor, endorser, surety,
<br /> or acc�mmodation party of any of fihe [ndeb�edness or any guarantor, endorser, surefiy, �� accvmmodation party
<br /> dies or becomes incompeten�, ar re�okes or disputes the �a[idity o�, flr [iabi€ity under, any G uaranty v� the
<br /> [ndebtedness.
<br /> ' Adverse Change. A material ad�erse change ❑ccurs in Borrawer's or Trustvr's �inancial �anditian, or Lender
<br /> belie�es the prospect of payment ar per�ormanc�of the lndebtedness is impair�d.
<br /> Insecurity. Lender in good faifh be[ie�es �tself insecure.
<br /> Right to Cure. If any default, other than a default in payment, is �urable and i�Trustor has n�t been given a natic�
<br /> af a hreach of the same pro�ision af�his Deed of Trust within�he preceding twel�e ��2� months, it may be cured if
<br /> Trus�vr, after Lender sends written notice �v Borrav►rer demanding cure o� such defau[t: {�} cures the default
<br /> wifihin �ifteen �15� days; or {2� if the cure r�quires mare�han fif-teen ��5} days, immediat�ly initiates sfieps which
<br /> Lender deems in Lender's sole discrefiion �❑ be su�F�icient to �ure fihe defiault and fir�ereafter continues and
<br /> comple�es a[[ reasanable and ne�essary steps sufficient to produce compliance as soon as reasanab[y practFcal.
<br /> RIGHTS AND REIVIEDIES DN DEFAULT. [f an E��nt of ❑efault accurs under this Deed af Trust, at any time th�rea�ter,
<br /> Trustee❑r Lender may exercise any one or more of the��[[awing rights and remedies:
<br /> Acceleration Upon Default; Additional Remedies. ff any E��n�o# DefauEt occurs as per�he terms of the Note
<br /> secured hereby, Lender may dec�are aif lndebtedness secured by this Deed o�Trust to be due and payable and
<br /> fihe same shali thereupon be�ome due and payable wi�hout any presentmen�, demand, protest ar notice of any
<br /> kind. Therea�ter, L�nder may:
<br /> �a� Eith�r in persvn ❑r by agent, wifih or without bringing any action or prac�eding, or by a recei�er
<br /> appvinted by a c�urt and without regard to the adequacy of i�s security, en�er u�on and take possessian
<br /> of the Praperty, or any part fihereat, in ifis awn name or in the name ❑f Trustee, �nd do any acts whi�h it
<br /> deems necessary or desirab[e to preser�e �he�alue, marketabili�y or rentabiiity of the Praperty, or part of
<br /> �he Property ❑r interest in the Property; increase th� incvme from the Proper�y or protect the security of
<br /> the Property; and� with or withaut tak�ng possession o� the Property, sue fior or otherwise cvllect the
<br /> rents, issues and profits of fihe Property, including thnse past due and unpaid, and apply the same, I�55
<br /> cvsts and expenses af❑peratian and co��ectivn attarneys' fees, ta any indebtedness se�ured by this Deed
<br /> ❑f Trusfi, all En such order as Lender may determine. The en�ering upan and taking possession �fi �he
<br /> Property, the c�llection o� such rents, €ssues and profits, and the application t}lereat sha[[ nvt cure or
<br /> wai�e any defau[t or notice of default unde�fihis Deed o�Trust or En�alidate any act done in response �o
<br /> su�h default or pursuant to such natice ot defau[t; and, notwithstanding the �ontinuance in possessian ❑f
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