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2� 1 ��838�
<br /> ���� �� �����
<br /> ���� �I�: ��������� ���u�������D� �a�� �
<br /> a�ailable remedies for an Event of Defau�� as pra�ided b�f�aw unless Trustar �ither ��} pays �he tax befo�e i�
<br /> becomes delinquent, or (�} con�ests the t�x as proWided abc��e in t#�e Taxes and Liens section and de��sits wi�h
<br /> Lender c�sh ar a su�ficien�corpara�e surety �nnd or ather securi�y satisfact�ry ta Lender.
<br /> SECURiTV AGP�EEMENT; FIN�►NCI�C STA�T'E�VtE�1`fS. The �oi�owing pra�isions relating to �his ❑eed af Trust as a
<br /> securEty agreemen�are a part o#this Deed ❑f Trust:
<br /> 5ecuri�y ►4g��e�nen�. This ins�rument sha[i cans�itu#e a 5ecurity Agreemen� t❑ the extent any af the Property
<br /> con�fiitutes fixtu�es, and Lender �hall h��e a1� ot�he rights o�a secured party under the Uniform Comm�r�ia� Code
<br /> as amended from tEme�v time.
<br /> 5ecu�i�y In�eres�. Upon request by Lender, Trustar shall take whate�er �c�ivn is requested �y Lender �o per�ect
<br /> and can�inue Lender's security interes� in the Personal Prop�rty. ln addition to recvrding this Deed c�f Trust in �he
<br /> real p�operty records, Lender may, a� �ny time and wE�haut �urther au�horization from Trustor, file execu�ed
<br /> coun��rparts, copi�s �r reproductions �� �his ❑eed o� Trus� as a �inancir�g s��tement. Trus�ar shaf� reimburse
<br /> Lend�r �or all expenses incur�-ed in perfec�ing vr �Qn�inuing �hi� secu�ity in�eres�. lJp�n d��aul�, Trustor sha�f nc��
<br /> remo�e, sev�r ��- deta�h �he �ersanal Proper�y fram �he �'roperty. Upon d���ui�, Trust�r �hall ��semble any
<br /> Personaf Property not a��ia�ed to the Proper�y in a manner and at a place reasanably con�enient �o Trustar and
<br /> Lender and make �� a�ailable �a Lender within three �3� days af�er r�Geipt ❑� wri��en demand from Lender ta the
<br /> e�t�nt permitted by app�icable law.
<br /> Addresses. The mailing addresses of Trustor �debtor} and Lender {secured party� frarn whrch infvrmation
<br /> concerning the security interest g�an�ed by this Deed nf Trust may be ob�ained �each as r�quired by the lJn��orm
<br /> Gommercial Code� are as �tated on the firs�page af this Deed vf Trust.
<br /> FU�THER ASSU��NCES; ATT�R�V�Y-lN���4CT. Th� following Rro�isivns relating ta further assur�nces an�
<br /> at�arney-in-fact are a part of thi� De�d afi Trust:
<br /> Fur�h�� Assu�anc�s. lat any time, and �ram �ime �� time, u�on request o� f�ender, Trus�or vuil{ make, execute and
<br /> deli��r, or will cause�a be made, execu�ed or deli�ered, �❑Lender or to Len��r's des�gnee, and vuhen requested �y
<br /> Lende�, cause to be filed, s-ecarded, re�il�d, ar rerecorded, �s �the case may b�, at such tim�� �n�l in such offic�s
<br /> and pl�ces as Lend�r m�y deem appropr���e, any and all such mar�gages, deed� of trus�, securi�y deeds, securE�y
<br /> agreemen�s, fin�nGing s�a�ements, continu��ion st�temen�s, ins�ruments of �ur�.her assurance, c�r�ifica�es, and
<br /> oth�r da�umen�s as rr�ay, in�he soi� ❑pinian a�L�nder, be n���s�ary or desiraf�l� in order tv e�f�c�uate, complete,
<br /> p���ect, ccant�nue, or preser�e {�� Trust�r's obiigativns under the iVa�e, �his C�eed ❑f Trust, and the Related
<br /> Dacumen�s, and ��} the liens and s�curity in�Ceres-�s created iny�his Deed af Trust as first and pr�or liens on the
<br /> Property, whether n�w �wned ar hereafte�- acquired by Trustor. Unless prohibited by law ar Lender agrees to th�
<br /> cantrary in writing, Trustar sha�l reimburse Lender for af� costs and expenses in�urred �n connection with the
<br /> matters referred to in thi� pa�agraph.
<br /> ►��orney-in-Fact. I�Trustor fail�to do any of�he�F�ings referred �v in th� preGeding paragraph, Lender may dv s❑
<br /> fvr and in the name of Trustar �nd at Trustor's expense. For such purpvses, Trustar hereby irre�acably appoints
<br /> Lender as Tru�tor's atto�ney-in-�aet�ar the purp�se ofi maktng, e�cecu�ing, deli�ering, �iling, recc�rding, and doing all
<br /> ather �hings as may �� ne�essary ❑r desi�a�le, in Lend�r's s�le apinion, �a a�camplish �he ma�ters referred �o in
<br /> the preceding paragraph.
<br /> FULL �'E1R�C�Rilfi►4NCE. If Trustar pays a�l the lndebtedness, including w�thout�imi�a�ian all �u�ure �d�ances, when du�,
<br /> and otherwise per#orms a�! �h� obliga�ions im�osed upan Trus�or under �hEs Deed ❑� Trus�, Lender �hall exe�ute and
<br /> deli�er to 7'rusfiee a reque�'� �ar #ull recon�ey�n�e an�1 shall e�cecute and dei��er �a Trustor sui�a�le statements o�
<br /> term�na�ion o� any financin� s�a�ement on file ���dencing Lend�r'� �ecurity interes� En #he Rents and the P�rsonal
<br /> Pr�pe�y. Any recan�eyance�ee required by law shail be paid by Trustvr, i�p�rmi�ted by applicable law.
<br /> DEF�4ULT. At Lender's np�tion, Trustar will be in defaul�unde�-this Deed❑�Trus�i�any❑f th�#ollowing happen:
<br /> Fraud v� Ma��rial filiis�ep�esen�atian. Trustor cvmmits �raud or material misrepresentation in connect�on wi�h the
<br /> terms of the Nvte.
<br /> �'ayment D���u�t. Trustor�Faifs�� mee�the repayment terms of�he Note fvr any au�s�anding balance.
<br /> ��her Qe�au��s. Trustar's act ❑r �ailure to a�t ad�erse�y a��ec�s Lender's security �nterest in �he Pro�aerty, v� any
<br /> righ�of Lender's in suGh se�urity.
<br /> Righ��v Cure. If any de��u�t, �ther�h�n � default in paymen�, is �ura�le and i�F Trustor has not been gi�ren a na�i�e
<br /> Qf a �reach flf the sam�pro�isian o�thi� I��ed ❑�Trust wi�hin�he pre�eding�Cwe1�e t 1�} manths, i�may be �ured i�
<br /> Trus�ar, after Lender sends wri�ten notic��o Trustar demanding cu�-e o�such d���ult: ��} cures�he de�rault withir�
<br /> ten �1 D� d�ys; or ��} if the cure requires rnvre than ten �1�f days, immediately inifiiates steps which Lender deems
<br /> in Lender's sa�e di$Gretion�o �e sufficient to cure�he de�ault and therea#ter con�C�nues and cvmpl��eS all reasonable
<br /> and necessary steps su�fiGient tc� produce compiiance as soon as reasonab�y prac��cal.
<br /> ��GHTS AND REf�iED1ES �[� DEF�ULT. lf an E�ent❑� Default accurs under thi� �eed ❑f Trust, a� an��ime thereafter,
<br /> Trustee or Lender may exercise any one or more o�the fvllowing rights and remedies:
<br /> Acceleration Upv� Qe�rault; �►ddi�ionai Remedies. �f any E�ent o� De�aul�occurs as per the �erms of the fVvte
<br /> secured hereiayr Lender m�y declare all Indeb�edness secured by this ❑eed o�Trust�❑ be due and payable and
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