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2� 1 �� 12 DFEI] �F TRLJST t Gantinued� Pa�� 4 , Taxes. Th� fo��owing sha�� canstitu�e taxes to W�'1iGI� th15 sectian ap�Iies: �'I} a speci�ri� tax upon �his type o� Deed ❑f Tr�rst ar upon aIl or any part af�he Inciebtednes� se�ured by�his Deed of T�ust, ��} a specific tax on Trus�ar wh�ch Trustvr is authv�ized nr requir�d to deduc�frvm payments on the inde�tedness secured by�his type . of Deed of Trust; {3} a tax on this type ot Deed of Trust charg�able against the Lender nr-�he holder❑t�he Credit Agreement; and {4} a speci�i� �ax on a!� or any portion o� the Indebtedness or ❑n payments o�F principaf and interesf made by Trustar. ; Subsequent Taxes. [f any tax to which �his section applies is enacted subs�quent t❑ the date of �his Deed ot � Trust, thi� e�ent shalr ha�e �he same effect as an EWent ❑f De�aulf, and Lender may exercise any o�- aII ❑� i�s a�aijable �remedies fiar an Event of Detault as prv�ided below unless Trustor either {�} pays the tax befo�-e i� becomes delinquent, or �2� contests the tax as p�ovided above in the Taxes and Liens se�tion and dep�sits with Lender�ash or a sufficient corp�rate surety bond❑r ather security satis�actory tn Lenr�er. SECURII`Y �4GREEMEiI[T; FINANCIN� STATEMEIII7S, The fallowing provisians reIat�ng to �his �eed ot Trus� as a seGurity agreement are a part af this Deed af Trus�: Secur�ty Agreement. This instrument sha11 cons�i�ute a 5ecurity Agreement t❑ the exten� any of the Prap�rty consti�u�es fixtures� and Lender sh�l� haU� a2! at th� rights a-F a secured party und�r�he Uniform Commercial Code as amended from time to�ime. Security In�erest. Upon request 1ay Lender, Trustor sha1I �ake whate�er a�tion is r�ques-�ed by Lender to per-fec� and con�tinue Lender's secu�ity inter�st in t�e Persona� Psoperty. Sn addstion�o recording thss Deed af Trust in the real proper�ty rec�rds, Lender may, at any time and withvut furth�r authoriza�ion fram Trus�ar, �ile executed counterparrs, copies or �eproductions af �his ❑eed ❑t Trus� as a financing statemen�. Trustor- shaII reimburse L.ender far all expenses in�urred.in perfecting or- con�inuing �his secu�i�y interest. Upon default, Trustor shaII nv� remove, se�er ar detach �he Personai Property fram the Properry. Upon default, Trustor shall assemble any Personaf Properry not a�fixed to the Property �n a manner and at� a place reasonahly con�enient ta Trustor and L.ender and make it a�ailable ta Lender within three �3� days atter receipt vf writt�n demand from Lender t❑ �he extent permitted by appIicahle Iaw. Addresses. The maiiing addresses of T�ustor �deb�or7 and Lender (secu�ed party} from which info�mativn concerning the security in�eTest gran�ed by this Deed ❑f Trust may be ❑bfained �each as required by the Uniform Commerciaf Gode� are as stated on the first page ofi�this Deed o�T�ust. , FURTHER ASSURANCES; ATTORNEY-I�-FAGT, The foflowing pro�isions relating t❑ further assurances and att�rney--in-facfi are a part of this Deed of T�ust: , Further Assurances. At any�ime, and from time�to time, upon request of Lender, Trus�or wifl make, execute and deli�er, or wi�l cause ta be made, e�recuted or deli�ereci,to Lender or to Lender's designee� and when reques-Ced hy Lende�, cause to be filed, reco�ded, refsled, �r rerecorded, as the case may be, at su�h times and in su�h D�tCES and places as Lender may deem appropriate, any and aI!�such martgages, deeds o-F�rust, �ecurity deeds, se�uri�y agreements� financing s�atements, continua�ian staternent�, instruments a� further assuran�e, certificafes. and othe� dvcuments as may, in�he so�e opinion of Lender, be n�cessar-y ar desirable in order�❑ ef�ectuate, complete, perfe�t, continue, or preserve �1} T�usto�'s obligations under the Credit Agreement,this �eed of Trust, and the Related Documents, and {�} the Iiens and se�urity interes�s crea�ed by this Deed ❑f Trust �n the Property, whether now owned vr hereafter acquired by Tr�us�or. U'nIess p�ohibited by Iaw or Lender agrees to the cantrary in wri�ing, Trustor shall reimburse Lende�-far all costs and expenses incurred in cnnne�tion wi�h the matters referred to �n this parag�-aph. Attorney�in-Fact. !�Trustar�faiIs�o d❑ any ot�he�hing� re�erred to in the preceding paragraphr Lender may do so far and in -the name ofi Trustar and at Trustor's expense. For such purpo�es, Trustor hereby irrevoca�ly appoints Lender as Trus�tor's attorney-in-fact for the purpose vf making� executing. de�ivering, �iling� recording, and doing a�� o�her things as may be necessary�or desirabler in Lender's soIe opinion, to accvmpIish �he matters referr�d �v in �h� preceding paragraph. FL]LL PERFORMANG�. If Trus�ar pays afl�h� Indebtedness when due,termina�es the credi�[ine a��aun�� and o�herwise perfarms ajl�he obliga�i�ns imposed upan Trustor under this Deed of Trust, L�nder shafl execute and deli�er�o Trustee a request for full recon�eyance and sha�f execute and deIi�er to Trustor su�table statements af termina�ion af any financing sta#ement on tile e�idencing Lender's secur-ity' interest in �he Rent� and the Persanaf Property. Any recan�eyance fee required �y�aw sha!! be paid by�T�ustar, �f�ermitted by app�icable law. EVENTS �F ❑EFAULT. Trustor wiIl be in defauft under this Deed of Trust��any of the fo��vwing happen: �A} Trustor cammi�s fraud ar makes a materia� misrepresentatian at any time in connec�i�n with the Credit Agreemen�. This �an include, fvr example, a false s�afiement abou� Trustar's income, �SSetS� Iiabilities, ❑r any ❑ther aspects ❑f Trus�or's �inancial candition. �B} Trusto�dves not meet the repayment terms of�he Credit Agreement. �C} Yrus�orrs actson or inactivn adversely affeGts �th� callataral ar Lendet-'s rights in the calIateral. This can �nclude, fo� exampie, �ai�ur� tn ma�ntain required insurance, waste or dest�-u�ti�e use o�the dwelling, fa�lure to pay taxes, death of all persvns 1iable on th� aCC�LiC1�� trans�er of �iffe ❑� sale ❑� �he dwel�ing, creation ❑f a senior lien on �he dwe��ing withou� Lende�-'s p��msssionr foreclosure by th� ho��ter o�an��her�ten,❑r the use af funds❑r�he d}nreliing�or prahibfted purpases, R�GHTS AND REMEDIES ❑N DEFAULT. If an E��nt of De�at�It accurs unde�-this Deed of Trus�. at any time therea�ter� Trust�e ar Lender may exercise any one or more.of th��allawing rights and remedies: Acceleration Upan DefauIt;Additional Remedi�s. lt any E�ent of Defau�t accurs as per�he terms v�the Credi� Agreement secured hereby� Lender may dealare ail Indebtedness secured by this Deed ❑f Trus��o be due and payable and the same shal[thereupon becvme due and payable withou�any presentmenf, demand� prates�or no�ic�o#any kind. Thereafter, Lender may: {a� Ei�her in person or by agen�. with ❑r without bringing any ac�ion or p�-o�eeding► or by a r�cei�er appoin�ed by a court and wi�hvut r�gard ta the adequa�y o�ifis security� enter upon and �ake possession � of�h� Propert}�, or any part�he�eo�r in its awn name ❑r in the name ❑�Trustee, and da any ac�s which it � deems ne�essary or desi�-abfe ta preserve the �alue, marketabi�ity or rentability of the Praperty, or par�of � the Property or interest in �he Property� increa�e�he income fram th� Property ar prot�ct the security ❑�f the Property; and, with or withaut taking possessian af the PraQe�-ty, su� �ar or otherv►rise �o[�ect the rents, issues and profi�s o�the Property, inciuding those past due and unpaid, and appIy the same, less t cos�s and expenses❑f aperatian and collectian atkarneys'�ees,to any indebtedness secured hy this ❑eed ; o� Trus�, al� in such order as Lender may d�termine. The entering upon and taking possession of �he Property, �he cvllec�ion o� such r�en�s, issues and pro-Fi�s, and the application therev� shall no� cure or waive any de�ault❑r no�ice ❑f de�FauI� und�r this Deed af Trust❑r in�alidate any act dane in response�o ' such de�au�t or pursuant to such no�ti�e❑�defaul�; and, notwithstanding�he cvn�inuance in possession❑� � the Property or the c�Iection, receip�and app��ca�ion ❑f ren�s� �S5L1BS O�' pl'��ItSt Trustee ❑r Lender shali be �ntitIed ta exercise e�ery righ� prn�ided far in the C�edit Agreemen�or the ReIa�ed Documents ❑r by ' Iaw upon�the occurrence ot any even�of defaul�, inc�uding�he �ight to exercise the power o�sate; : {b] Commence an ac�ion to�oreciase�his D�ed v�F Trust as a mortgage, appoin�a receiver a�speci�ically enfarce any of the covenan�s hereo�; and {c} De[i�er tn T�us�ee a writ�en declaration a�F defaul�and demand�ar saIe and a written no�ice of defaul-k