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2� 1 ��75�8
<br /> DEEC� �� T'RtJ�T'
<br /> Loa� Na: 'I��3��'�88 ����t��1�[�'�I� ��g� 5
<br /> incurred by Trus�ee ar Lender in conn�ction with the��ndemna�ian.
<br /> 1MP�SIT��1V �F TA�ES. FEES AND CHAR�ES BY GQVE��l�E[�TAL AUT'HaR1TIE5. Th� f�llavving pra�is�ans re#a�ing
<br /> to ga�ernmen�af�axes, fees and charges are a par�a��hi� Deed v�Trus�:
<br /> Current Tax�s, Fees and Ch�rges. Upon reques� by Lender, Trust�r shall exe�ute such dacuments in additivn to
<br /> #his Deed a�Trust and take whatever❑ther ac�ivn is requested by Lend�r�v p�rfe�t and �an�inue Lender's [i�n on
<br /> �he Rea( Praperty. Trustar shaff reimburse Lender for all �axes, as described below, tvge�her vuith all expenses
<br /> incurred in recarding, perfiecting ��- con�inuing this ❑eed �f Trust, including w�thau� limitatian a�l �axes, #ees,
<br /> dacumentary stamps, and vther charges far recard'rng ar regis�erin�this Deed af Trust.
<br /> Taxes. The �ollawing shall �anstitute taxes �o whiah this s�ctian applies: ��} a specifiic tax upan this �yp� ❑f
<br /> Deed o�F Trus� ar upon all ar any part o� the indeb�edness secured by this Deed a� Trust; ��} a specific tax on
<br /> Trustor which Trusta�is autharized or requEred t� deduct fr�m payments �n the Ind�btedness se�ured by this type
<br /> at Deed ❑f Trust; �3} a tax on this type of Deed afi Trus��hargeab�e agaEns�the Lender�r the holder a�F the Note;
<br /> and �4} a specifi� tax vn a11 or any por�ivn of the Indebtedness ar on paymen�s vf principai and interest made by
<br /> Trus�or.
<br /> Subsequent Taxes. ff any �ax fio which this sec�ion applies is enac�ed subsequent ta �he da�e vf �his I7eed vf
<br /> Trust, this e�ent shall have the same efifect as an Eu�n� ❑f D��auf�, and Lender may exercise any vr al� ofi its
<br /> aWai�able remedies for an Event of �e�ault as pro�ided belaw uniess Trus�or ei�her {1} pays the tax befare it
<br /> becom�s d�linquen�, vr �2� cvn�es�s th� ta� as pro�ided aba�e in �he Taxes and Liens sectivn and depc�si�s wi�h
<br /> Lender cash ❑r a suffiicienfi corpvra�e surety bnnd vr other�ecurity sa�isfactory to Lender,
<br /> SECURITY AGREEt�fiEiVT: FfNANClfVG STATE�fIENTS. The �ollowing pro�isions rela�ing ta this ❑eed af Trust as a
<br /> �ecurity agreement are a part a��his Deed o�f Trus�:
<br /> Security Agreement. This instrument shall constitute a Security Agreement ta the ex�ent any o# the Property
<br /> cvns�i�tutes �ixtures, and Lend�r shall ha�� �I! v�the righ�s v� a secured party under the Uni�vrm Commercial Code
<br /> as amended �rom time�❑t�me.
<br /> �ecuri�y [nterest. Upan request by Lender, Trus�ar shall tak� whate�er action is reques�ed by L�nder tv per�Fect
<br /> and continue Lender's security interest in �he Rents and Persvnal Praper�y= In addi�tian to rec�rding this Deed ❑f
<br /> Trust in the real praperty records, Lender may, at any tim� and withvu� further authorizatian from Trustor, file
<br /> executed cvun�erparts, cppEes or reproductions ❑f this ❑eed vf Trust as a f�nan�ing statement. Trus�vr shal!
<br /> reimburse Lender �vr all expenses incurred in pe�-fc��ing ar cantinuing this security interest, Upan de�ault, Trustor
<br /> shalf not remv�e, se�er ar detach the Personal Property frvm the Property. Upon de�au(t, Trustor shaf� assemble
<br /> any �ers�nal Prope�ty not affixed to the Proper�y in a manner and at a place reasonab[y �on�enient to Trustor and
<br /> Lend�r and rnake �t available tv Lender within three �33 days after receipt of writ�en demand fram Len�er to the
<br /> e�ctent permitted by app[i�able laUv.
<br /> Addresses. The mailing addresses nf Trus�or �debtvr} and Lender {se�ured party� frvm vvhich inf�rmatian
<br /> con�erning the securi�y interes� granted by this Deed af Trust may be obtained �each as required by �he lJniform
<br /> Commercial�ode} are as sta�ed vn the�irst pa�e a�this Deed af Trust.
<br /> FIJRTHER ASSURANCES; ATT�RNEY-iN-FACT. The �ollowing pravisions r�lating to furt�er assurances and
<br /> attorney-in-fact are a part of this Deed ❑f Trust:
<br /> Further Assurances. A� any �time, and from �ime ta time� upon request af Lender. Trustar wif[ make, execute and
<br /> defi��r, ❑r will cause t❑ be made, exe�uted or deiivered, to L�nder�r to L�nder's designee, and when reques�ed by
<br /> Lend�r, cause to be fi�ed, recorded, re�iled, ar rerecorded, as the case may be, at �uch tirraes and in such �ffices
<br /> and places as Lender rnay deem apprapria�e, any and afl such mortgages, deeds n��rus�, s�curi�y dee�s, security
<br /> agreements, �inancing statementsf con�ir�ualivn statements, �ns�ruments of further assur�nce, certi�ica�es. and
<br /> ❑ther documen�s as may, in�he so�e �pin'ran vf Lender, be n�cessary ar desirable in ord�r t❑ effectuate, comp�e�e�
<br /> perfect, continue, ❑r preser�e ��� Trustor's vbligations under the Na�e� this Deed af Trust� and �he Re�ated
<br /> ❑a�uments, and �2} the liens and security �n�eres�s crea�ed b� this Deed n�Trust as first �ind prior �iens an the
<br /> P�'operty, whether naw ov►rned or hereafter acquired by Trustar, LJnl�ss pr�hibited by �aw vr Lender agrees fi❑ �he
<br /> con�rar�r in writing, Trustor shall reimburse Lender fvr all casCs and expenses incurre� in cvnnec�ion irvith �he
<br /> matters referred ta in�his paragraph.
<br /> Attorney-�n�Fac#. If Trustor�ails ta da any vf the fihings re�erred �v �n the pre�eding paragraph, Lender may da s❑
<br /> for and in the name of Trus�vr and at Trus�or's expens�. Fnr such purpases, Trus�ar hereby irrevv�ab[y appoints
<br /> Lender as Trustar's attarney-in-fact for�he purpose o� ma�ing, �xecuting, delivering, filing, re�vrding� and do�ng a�l
<br /> ❑ther things as may be necessary ar desirabfe, in Lender's s��e apinion, ta aGcampiish t�e matf�rs referred �o in
<br /> the preceding paragraph.
<br /> FULL PERFaRfi�A1VCE. Cf Trustar pays al� the �ndeb�edness, including wi�hout I�mitatian aIC future adWanc�s� vuhen due,
<br /> and atherwise performs a!1 the obligat�ons impased upon Trus#ar under this [3eed ❑f Trus�t, Lender shaf[ execute and
<br /> d�fi�er tv Trustee a request for �ull recan�eyan�e and shall exe�ute and de�i�er ta Tru�tar suita�le sta�emer�ts o�
<br /> �erminat�an of any financing sta�ement vn fi[e e�idencing L�nder's security �ntere�t in the Rents and �he P�rsonal
<br /> Praperty. Any recon�eyance fee r�quired by law shall be paid by Tru�tar, i�permi�t�d by applicable law.
<br /> EVEf�TS �F DEFAULT. Each of the �ol�owing, at Lender's op�ian, sha�l cansti�ufie an E�ent of De�au�t under this Qesd
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