2� 1 ��7927
<br /> a�EI� ��' TF�U�T
<br /> {��nf�nu��� P�ge 5
<br /> Securit� In��r�st. Up�n requ�st ��Lender� Trustar sha�E talte w�at�v�r a�tian is reqt��s�ed by Lender ta �er��ct
<br /> an� car�tinu� Lend�rs security intet�st in the Rents and P�r�s�nal F�rop�r�y. !r��ddlti�n tu recarding this Deed of
<br /> Trust ir� �he rea[ pr�periy r�c�r�s, L�nder rna�, a� �ny time and w�thaut fur�h�r autha�i�ation frarn Trustor, ��e ,
<br /> exeGu�ed counterpa�#s� �op�e� o� r�produ�kions o� thfs Deed of Trust as a t�n�ncin� statem$nt, Trustot sF�al�
<br /> reEm�u�s�L�nd�r for aCl �x��n���in�ur�ed in perfecting or continu�ng this secu�it}�interes#. Upon default,Trustor'
<br /> shall nat �emv�re, sev�r��detach the Pers�n�� �ro�erty from tMe Pr�p�rt�. Up�n default� Trus��r sh��l assemble
<br /> �ny pe�sana� f�raperty no�aff�x�d to the Property�n a manner�r�d�t a piace re�son�b���onv�nient t�7rustor and
<br /> Lender and make �t av�i]ab�e t� L�nd�r within thre� �3� days aft��rece�pt �f writt�n d�rnand frvm Len�er to �h�
<br /> ex#�n��sfmitted by�pp�icable law. i
<br /> �
<br /> A�dr�sses. The mai�in� a�dress�s of Yrusfor �deat�r� and L�n�er tse�ured partyy fr�� which informati�n '
<br /> cvncern�r�g the se�urit�r�nter�st granf�� by fhis aeed of`Trus�ma� be abt�ir�ed teach �s �e��ired by the Un�iorm �
<br /> Comm�rc��E Code�are as st�ted�n#f�e f�rst�ag�o�this Deed of Trust, '
<br /> ,
<br /> FIIR�'ME� �SSU�tANCES; A7"C��I��Y-lN�FA�f. The f��Iowing ��o�isions reEatir�g t� further assuranc�5 an� �
<br /> attorney��n-fact are a p�rt❑f this Deed o�Tru�t: �
<br /> !
<br /> Furth��-Assura�ces, A#�ny time,�nd f��m time to tirn�, upvn r�u�s�o�Lender,Trustar wil� make� execut��nd
<br /> d��iv�r�or�nrill�au�e ta be made,e�cec;uted ar~delivered,ta L�nder or ta L.�nder's de�ign�e,�r�d v�en requ�st�d b� �
<br /> L�nd�r, cause ta b�fil�d� r�arded�r��il�d�or�rer�oor�ded� �s th��$may be, at such tirr�s and in�uch aff�es �
<br /> ar�d pl�a�s�s Lend�r ma�r deem ap�r�pri�te, �r�y an�a1� �uch mo�gag�s, de�ds of tru��t s�curit�r de�ds�s�curtt�
<br /> a�reements, finan�in� statements, cr�ntinuation statements, in�tr�ment� of furth�r �s�uranr,,.e, cer�ific�t�s, a�d ,
<br /> ��her documents as rr�y,in the sa�s opinion ot Lert��r,b�n��sar�t c��d��rabf�in Qrd�r to�ffectuate,vomplet�,
<br /> p�rf�cty cor�tinue� ar p�senfe ��) Barro�et's and�"rustc��'�obl��ations under#h�Not�, t��s�d of�"ru�t, and �
<br /> t���elated I�aa�rr�nts, �n� ��} the liens anc�se�ur�ty in�et�ests cr��tec�by this L�eed of�'ru�t�s f rst anc�prior
<br /> llen�on t�e F'ra�erty,wh�ther r�o��v�rned ar h�r�after avquired b�'�'rustor_ l,.�nless prohibit$d by law or L�rider
<br /> ��e�s f���e oanfr�ary fr�wr�t�r�c�,Trustor sha���eimburse L.ender f��r all�sts�n�i e��er,s�s�ncurre��n conn�ctivn
<br /> w�th the rr�tf�rs r�fe�red to in this paragraph.
<br /> A#torn�y-�n-Fac#, If'Trustc�r fai�s to do an�ot the thin�$r�ferr�d ta�n th�pre�ed�ng paragraph� �ender may d��
<br /> for and in th�n�rr��f Yr��tvr ar���t TFustors expense. Fc�r s�r�-t purpas�s,Trustor her�b��rt8vacably appalnts
<br /> Lend�r�s 7'rus#�r's a�t�rney-in-fa�t for fh�purpos�af r�rtiakin�'�x�cutin�,�e�iv�rin���iling�r��rding,and daing�II
<br />� oth�r th�r�g�as may be t�ea�ssar�c�r desir�a�l�� �� L�r�d�r�sa���pin3on, t�accamplish t�e matters referred ta ir�
<br /> tE��preceding paragraph,
<br />; �ULL PERF�RI�AN��. ���3o�rawer ar�d Trustat pa�all t�e �n�ebt�n�ss v�nen�ue��r��Tnastor�ther�ise p�erfarrns�II
<br /> #he ab�lg��i�ns im�o��d upan Tru�tar�n�er this�eed of Trust�L�n�er shal�execute�n��eliver t��rus�ee a re�uest f�r
<br /> full reoor��e�t�nc.�anc�shail ex�cute ar�d c��li�er��Trusto�s�itabCe st�tem�nts of terminatlon at any f nancin��ta�ement
<br />; vn�I�eu�den�ing��nder'����uri�r interest�n fhe R�nts and th�fl�rsonat Prap�rty. An�reaanr���ar��fe�r�quired by
<br />' la�r+r sh�!]be paid��Tru�tar,if�ermitte�i by app�icab�e lavtir.
<br />�
<br />': EVFNTS Q�[7��ALlLT. Ea�h�f tY�� #ofl��ri�g, at L�r�der'��ptian, shafi constitute an �vent oi De�au�t under thi� C��e�l
<br /> ��Trust:
<br /> i p�ymen�Default. Barrower fails to mak�ar►y p�ym�nt when du��ndsr th��nd��t�dness.
<br />;
<br /> Qther Defac�lts. �o�to�nrer ar Tnas�ar�ails tc� �omply with or ta perfo�m any ather te�m, o�figati�n, c�ver�an�ar
<br />! condit�an c�ntair��d in this C}�ed of Trust o�ir� �ny af the Related I�acuments or t�Gom�ly w�th ar tn pe�form�ny
<br />� tert�n,obli�atIvn, co�re�ta�t or c�n�ition con#�in�d in any vth�r agreem�nt betweer�Lend�r and Barrower ar`Trustor.
<br />� Camptiat�ce Ue�aul�, Fai�urs to carnp�y with anY ather te�r�� a�li��tivn, ca�re�ant ar aondit��n c�nfain�d in this
<br />; Deed of'�rust,t�e C��te or in a�r�y a�fhe Rela�ed aocum�nts.
<br />� I�efauIi or�Oth�r pa�rments. �ailure af T�ustor�rithin th�t�rr�e r� uir�d� thfs ae�d of 7�ust t�mak�an � rnent
<br /> q Y �+� Y
<br /> �or taxes or�nsuranc��ar any a#�er pa}�men�n���ss�ry tv pr�rr�nt flin�of ar to��f�ct di�G�arge a�any 11en.
<br />' �efauit tn Favor af 7hird Par�ie�. Shauld Borr�w�r ar an�r �tantar deiau�t und��any loan� extensi�n o�'cre�it,
<br /> s�eurity a�r��m�nt, purchase�r�aC�s a�re�m�nt,�r any othe�a�reemen#�in fav�r af any other credito�or p�rsor�
<br /> �hat �na� rnaker�a�ly affect any of B�r�rower's ar �ny Grar�tor'� RrQperty or Bvrrov�rer's abiiity ta r��a� #h�
<br /> �nd�ebtedn�ss o�-Sarrowe�'s vr Granfar's�h��ity t� perf�rm #h�ir respective obl��a�ians und�r fi��s l]eed�f Trust vr
<br /> any oi th�Retated Do�um�nts.
<br /> Fals�Staternen�$. Any warrar�ty,representa#i�n�r statem�n#mad�or furnish�d��L�nder by Borrvwer or TrustQr
<br /> or Qn Bvrraw��'s or Tr�tstar's �eha�f un�er thts �ee����'ru�t�r the R�lat�d ao�uments i��alse or misl�ading in
<br /> �ny material �esp�Gt, ei#��r nvtinr or at �h� #ime mad� vr �urr��sFted ar bec�mes f�l�e ar mis�eading at �ny tim�
<br /> #h�rea�ter.
<br /> ��f�ctive C�ila�era�Ifx�af�a�. This �eed of Trust ar any �f!he �ela�ed Do�umen#s Geases t� �a In futt f�rce an�
<br /> eff��t�Enclu�ing �'ai�ur�of any cvl�ateraf�ocum�nt t� creats�v�lid and�erfected securCt�r interest or�i�n}at�ny
<br /> tim���d far an�reason.
<br /> beath ar Insoivency. `�h� ci�s$o�utlon af Yrust�r's �regardless o� whether elecf�o� t� ��r�tir�ue �s r�ade}, any
<br /> m�mber wlth�raws frortti the�im��ed liabijity c�mpany,or any ath�r term�nat��n ai g�rrower's�r 7rustor's exisfen�e
<br /> as a gain� busic�ess vr#he dea�� of �ny member, the insolvency �f �a�ra�nrer or T�ustnr� ihe appoinfinent of a
<br /> r���ive�for any p�rt of�orrower's or Tru�t�r's praperty� an��ssi�nment fur the �eneft af cr�ditor�, an�typ�af
<br /> credEtor w��k�ut, �r th�cs�r�rn�n�em�nt of any p�aceeciing under any�ank�uptcy ar insal�en�y 1�v�� by or�ga3nst
<br /> �orrov��r v�Trustar.
<br /> Credifor c��r For�eiture Pro��e��ngs. Comrnencem�nt o�'far�clo�ure or fo�-€eiture pr�ceedings. w?�eth�er by�ud��ial
<br /> prvcvading� �soiC-holp, r�pvssvssion �r ony vthvr rne#h�d� by any crad]t�r oT B�arrr�w�r ar Tru�ta� ar by any
<br /> �vv�mmentai a�en�y agaln�t any pcoperty s��ur�n� ti�e Indebt�dnesse �'hi$ tnclu��s � g�rn�$hment �f any �I
<br /> �3orraw�r'�or�'rus�ar's �c�aun�s, inciud�n� depos�t a�courtt$� w��h L�nder. Now�ver, tf�is Ev�nt of Default shal�
<br /> not app�y tf�h�re is a�aod faith dispute by�orrow�r or Trus�or�s to #he valt�ity a�reasona�leness�f ihe���im
<br /> which�s th�basis�f th�areditar ar�or�eitUre prac��dlnc��n�ii aorr�wer Qr Trustor gives l.ent���v�rr�tten n�tt�e o�
<br /> the creditor vr�ori�itur�pr�ceedin�and d��rosit�with Lend�r monies or a surety�c�n�for the�re���v�or forfie�t�re
<br /> }�race�ding,In ar�amount determined by Lender��n its sol�dis�retic�n,�s��1ng an adequa�e reserve or band for the
<br /> ��sp�ate.
<br /> ��as�oefautt. �'rus#a���faults ur�der�h�#�rms c��the Lease, vr an�ather�vent twhether or nat Trustar's faU�tj
<br /> results in th�term3na��or�o�canGellatit�n Qf TrUstor's�ease?�a�d rights.
<br /> Breach o��fher Agr�emerrt. Any breach h�Bor�Qwer ar�rustor urtder�he term�a�any oth�r agr�errtent between
<br /> �orrtiwer ar Tr�sior and Lender that is nat ��m�die�within any c�r�c� period p�ovided th��e�n, �nc�ud�n��fth�aut
<br /> limita�ion �ny agreement conc�rning �r�y indebtedness or other ubl�g�tion of BQrr�w�r Qr 7rustor to �ender,
<br /> whether ex��ting naw ar I�ter.
<br /> �Y�nts A�eGting �Ua�afltor. Any vf t�� preceding errents accu�s wlth respe�t#�an�guarantor, endvrse�-,surety,
<br /> ar accommodat��n part�of any��the �nde��edness vr any guar�ntor, endor�er, surety� �r�cc�mma��t�on part�
<br /> dies �� beoame� inccarr�petent� ar revakes �r disput�s the wa��d�ty ofs c�r �ia��l�ty und�r� any �uarar�i� o� the
<br /> Ind�b#+edness.
<br />
|