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2� 1 ���918
<br /> DEE�3 �F TRUST
<br /> �Cont�nued� Page �
<br /> �his Deed of Trust and take whate�er other action is requested by Lend�r ta pe�fiect and continue Lender's l�en on
<br /> the Reai Proper�y. Trustor shall reimburse Lender fo� al� taxes, as descr�bed below, tagether with al� expenses
<br /> incurred in recording, per�ecting or con�inuing this Deed of Trust, incfuding without limita�ion al� taxes, �ees,
<br /> documentary s�amps, and othe�charges far recording or registering�his Deed of Trust.
<br /> Taxes. The fo�lowing shal� consti�ute taxes to which �his s�ction applies: �'�} a specific tax upon th�s type o�
<br /> Deed of Trust o� upon afl ar any part�f the Indebtedness secured by #his ❑eed o�Trust; �2} a specifi�tax an
<br /> Trustor which Trus�or is authorized or required to deduc�from payments on�he Indebtedness secured by this typ�
<br /> of Deed of Trust; �3} a tax on this type of Deed of Trust chargeab�e agains�the Lender or th�halder af the Credit
<br /> Agreemen�; and �4} a specifi� tax on all ar any po�t�an of the Indebfedness or on payments of principa� and
<br /> interest made by Trustor.
<br /> Subsequent Taxes. If any tax �o which this sect�an applies is enact�d subsequent ta the date vf fhis Deed of
<br /> Trust, this event shai� have the same effec� as an Even# of Defauit, and Lender may exercise any or all ❑f its
<br /> a�ailable remedies for an Event af De�aui� as provided belaw un�ess Trus�or ei�her �'�} pays the tax before it
<br /> becomes d��inquent, or �2} con�es�s#he tax as pro�ided abave �n �he Taxes and Liens se��ian and deposi�s with
<br /> Lender cash o�a su�ficien�co�parate sure�y bond or other security sa�isfactory�o Lender.
<br /> SECURITY AGREEMENT; FINANCING STATENIENTS. The fa�lowing provis�ons rela�ing to this Deed �f Trust as a
<br /> security agreement are a part a�this Deed of Trust:
<br /> Security Agreemen�, This instrument shall constitute a Security Agreement tv the exten� any of the Praperty
<br /> constitutes fxtures, and Lender shall ha�e all ❑fi the righ�s of a secur�d party unde��he Unifarm �ammercial Code
<br /> as amended from time�a time.
<br /> Security Interest. Upon request by Lender, Trustor sha�l take wha�e��r action is reques�ed by Lender to per�ect
<br /> and continue Lender's security ir�terest in the Personal Properky. In addi��on �o recording�his Deed of Trust in the
<br /> rea� property records, Lender may, at any time and withou# further author�zation from Trustor, file executed
<br /> counterparts, copi�s or reproductions of this Deed of Trust as a finan�ing statemen�. T�us�ar shalf �eimburs�
<br /> Lender for afl expenses incurred in perFec��ng or continu�ng this security interest. Upon defau��, Trustor shafl not
<br /> remove, seve� or de�ach the Persana� Property from the Property. �pon de�au�t, Trustar sha�� assemble any
<br /> Persona� Property not a�fixed to the Pr�perty �n a manner and at a p�ace reasanably conveni�nt to Trus�or and
<br /> Lender and make �t available �a Lender within �hr�e �3} days after rec�ipt o�written demand from Lender�o the
<br /> extent permitted by appf��able faw:
<br /> Addresses. The mailing addresses o# Trustor �de�tor} and Lender �secured par�y} fram which informa�ion
<br /> concerning the secu�ity in#eres�granted by this ❑eed of Trust may �e obtained �each as requir�d by th� Unif�rm
<br /> �omme�cia�Code}are as s�ated on the f rs�page of fh�s Deed o�Trust.
<br /> F�RTHER ASSURANCES; ATT�RNEY-IN-FACT. The fol[owing provisions �elating to further assurances and
<br /> attorneywin��a��are a part o��his ❑eed of Trust:
<br /> Further Assuran�es, At any t�me, and from time to time, up�n reques� o�Lender, Trus�ar w��� make, execute and
<br /> del�ver, or will cause t❑ be made,executed ar delivered,to Lender or to Lender`s design�e, and when reques�ed by
<br /> Lender, cause to �e�i�ed, recorded, refiled, or rereco�ded, as �he case may be, at such times and in such offices
<br /> and places as Lender may deem appropriate, any and al! such mortgages, deeds of tru�t, security deeds, secur��y
<br /> agreements, finan�ing statements, �ontinuatian statements, �nstruments o� further assurance, certificates, and
<br /> other documents as may, �n�he sole opin�an o�Lender, be necessary or d�sirable in order to eff�ctuate, campfete,
<br /> per�ect, continue, or preserve ('!} Trustor's obl�gations under the Credit Agreement, this ❑eed of Trust, and �he
<br /> Rela�ed Documents, and �2} the Iiens and security interests c�eated by this Deed a� Trust �n the P�operty,
<br /> w�e�her now owned or hereafter acquired by Trus�or. Un�ess prohibited by law❑r Lender agrees to�h�contrary in
<br /> wr�t�ng, Trustor shall re�mburse Lender for all �osts and expenses incurred �n conne�tion with the matters referred
<br /> �a in�his parag�aph.
<br /> A�torney�in-Fact. If Trustor€a�fs to do any of the things referred tv in the preceding paragraph, Lender may d❑so
<br /> for and in the name o'�Trustor and at Trustar's expense. FQr such purposes, Trustar hereby irrevo�ably appoints
<br /> L�nder as Trustor's attorney�in--fact for the purpose��making, executing, deli�ering, f�ing, recarding, and doing afl
<br /> other things as may be necessary or desirable, in Lender's sole opinian, to acc�mplish the matters referred t� in
<br /> the preceding paragraph.
<br /> FIJLL PERFaRMAN�E. I�Trus�or pays ali�he Indebtedness when due, terminates the credit line accoun#, and otherw�se
<br /> per�orms a!I the obligations impQsed upon Trustor under this Deed of Trust, Lender shafl execute and d�fi�er to Trustee
<br /> a requ�st f�r fu1� reconveyance and shali execute and deli�er to Trustor suitable statements af term�nation of any
<br /> financing s�atemen� on fi�e ev�denc�ng Lender's secur�ty interest in the Rents and the Personal Property. Any
<br /> recon�eyan��fee required by!aw shall be paid by Trustor, if permitted by appiicable�aw.
<br /> EVENTS QF DEFAULT. Trustor wii� be�n default under�his Deed of Trust if any o�#he folfowing happen: �A} Trustor
<br /> commits �raud ar makes a material misrepresentation at any t�me in cannect�on with the Cred�t Agreement. This can
<br /> inc�ude, for example, a false sfatemenf about Trus�or's income, asse�s, liabi�it�es, ar any other aspects of Trustor's
<br /> fnan�iai conditiQn. �B} Trustor does not meet the repayment�erms o�#he Credit Agreement. �C} Trustor's action ❑r
<br /> inaction adversely a�fects �he callateral ❑r Lender's r�ghts �n the collateral. This can include, �ar example, �ailure to
<br /> maintain required insurance,waste or destructive use o�the dwelling,fai�ure to pay#axes,death of all persons fiabfe an
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