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2� 1 ��8485
<br /> i�E�i� �F 1'l�llST
<br /> �Contin�ed� pa�e 4
<br /> I[�P�51r�ON �F 7AxES, FEES AND CHAR��S �Y��VERNMENTAL AUTHORI�'I�S. '�he fallowing provisions relating
<br /> ta gavernmental taxes,fees and charges are a pa�rt of th�s Dee�of�'rust:
<br /> Cu rrent Taxes, Fees and ��ar�es. �pan requesk by Lender, 7rustor�hal� execute such docu ments ir� additivn tv
<br /> tfnis Qeed of Trust and ta�Ce whatever othe r ac�ian is req�ested by �.ender to perfect and continu e�ender's lier�or�
<br /> ��e Real Proper�y. �rustor shafl reimb�rse Lender for a`� taxes, as described belvw, toget�er with all expenses
<br /> incurred in recording, perfeet�ng or cont�nuin� thi� Deed of T�ust, including without lirnitation aII �axes, fees,
<br /> documentary stamps,�nd other charges far recording or regis�ering th�s Qeed o f Tru st.
<br /> Taxes, The following shall constitut� t�xes to which this sectior� applies: ��� � S�BGI�C f8X l]�}OCl t�IS �ype of
<br /> aeed o f 7�ust or u pon al� or any pa�t of lh e 1 n�ebtedness secuied by th Es �eed af Trus�; �2� a spe cific tax on
<br /> 7rus�oi v+rhich Yrustar is aufhorized or requir�d to deduct fro�n Qayments on the Indel�tedness secured by this fype
<br /> of Deed af Trust; �3� a tax on th is type o f peed�f Trust chargeable againsf tF�e Lender or iF�e h a[der of th e N ote;
<br /> and ��) a spectfic tax on all ar any par#ion o f ths Indebtedness or an paymen ls o f principal a nd i n terest made by
<br /> �'rustor.
<br /> Subsequent Taxes. If ar�y #ax ta which t�is secfion a}a�a[ies is �nacted subsequent ta the d��e �f this Deed �f
<br /> YTU5t, ti�is event shall ha�� the same ef�ect as an E��nt of Defaul�, and Lender m�y exerase any ar all of its
<br /> avaiRable reme�dies far an ��►e�t of L7efault �s provided ��fow un[ess T�us�or eit��r (�!} p�ys the tax be�ore it
<br /> beaomes del�na�ent,ar �2} co�tssts the tax as provided abov�in t�e Taxes and Liens section and deposits with
<br /> L$nc�er cash ar a s�Fficient corporate surety band ar afher security satisfactory ta Lender.
<br /> SECURITY AGREE�IENT; F11�AN�I N� STATE�1�NTS. 7he fo1(owin g provisions relatf ng tv th is Deed o f T�usf as a
<br /> security agreement are a part of tF�is Deed af Trust:
<br /> Security Agreement. This instrument shafl constitu�e a Security Agree�nent to the extent any of the Property
<br /> cor�stitutes fixtures, and Lender shall haWe alI af�he ri�hts of a se�ured�arty under t1�e EJnifocm CommerCial Ca�e
<br /> as amended f�om ti me to tim e.
<br /> Security lnterest, Llpon request by Lend�r, Y�usfor shal[ take whatever act�on Es req�ested by Lender to perfec�
<br /> ar�d continue Lender�s securiky int�rest in the Rents and pers�n�l Praperty. In addit�on tQ rec�rding this a�ed af
<br /> Tr�st in thc r�al �ropeny records, Lender rnay, at any time �nd withaut iurther autf�arizat�on from Truslar, fle
<br /> executed c�unt�rpaMs, co�ies or r�production s flf f f�is Deed of 7r�sk as a financing stat$ment, Tru star shall
<br /> reimburse Lender fo r a11 expenses incurreci in perfecting or continuing t�is security�nterest. Upan d e�a ult,�ru stor
<br /> sf�afl not remove� s�ve�or detach the Personal Proper#y from t�e �ra�erty. Upar� default, �rustor shall assem�f�
<br /> any�ersor�ai Prop�rty r�ot aff�xed to tF��Praperty i� a mannet and at a place reasvnably�onver�ient t❑Trustor and
<br /> �ender an� make it avaifable ta L�nder within three {3� days after receipt af written dernar�d irom �end�r t❑ the
<br /> extent�ermitted by applicable law.
<br /> Addresses. �'he ma iling addrssses o� Tru stor �debtor} and �en�er �secu red pa rty} fro m w hi c h �n form�t�on
<br /> concerning ti�e security interesf granted by this Deed of Trust may be obtained �eacE� �s required by the Uniforrn
<br /> �ornmerc�a[Cvde}are as stated on�he first page of tE�is E]eed of Trus�.
<br /> FURTHER ASSURANCES; AfTORNEY-IN-FAC7. 7he following �rovisions relating to further assu�ances and
<br /> a ttorne}�-i n-fact ar�a p art af ihis Deed o f Trust:
<br /> Furthet Assurances, At any time, and from time to time, upon request af LEnder,Tr�stor rlvill rr�ke, execute and
<br /> del�ver, or v�+i II cause t�be made,�xecut�d ar d�livered, t�Lender ar ta Lender'$c3esign�e�and wher�rec�uest�d by
<br /> Lend�r, cause to be ft���i, re�a�ded, refiled, or rerecar�ed, as the cas�may be, at��c�h times and in s�tc�offi�es
<br /> and places as I..eryder may deem��propriate,any and all such mo�tg�ges, deeds o�trus#, security deeds,security
<br /> �greements, fin�ncf ng st�temer�ts, contir�uation �tatements, ir�struments af fu�her assurana�, certificates, �nci
<br /> ofher t�vcurnenfs as may, �n t�e sole opini�n�f I._ender, be neo�essary or desira�Ie ir��i-der to ef�ectuate, oomp[ete,
<br /> pe�ect, continue� or preseive ('I y Trusto�s obligations unt�er the �lot�. this Caeed af Trust� �nd the R,�l�ted
<br /> D�oauments, and �2} the liens and security interests cre�t�d by th�s I�d of T�st�s f rst and pTi�r�i�ns on the
<br /> Praperty,whether na�v o�rned or hereafter aoqu�red f�y Trustor. Unless prahibifed by la�r or Lender�g�'�e.�to#he
<br /> aontrary in vvriting, �'rustor shall reimburse Lenc�er fo� afl oasts and exper�ses in�u�red in cannection r�vith� the
<br /> matter�referr�d to in this paragraph.
<br /> A#torney-�n-�a�t. If�rustvr f�ils�Q d��ny of the things refer�ec�to in th�pr�ec�eding paragraph, Lender may do so
<br /> for and in tY�e narr�e of Tr�stor and at Trustars expense. For such purposss,Yrustvr heret�y irrevoc�l�ly�ppo�nts
<br /> Lender as TrustQr's attQrney�in-fact for t�e purpose�f making�executing,de�iv�rin�� fiiing� recordin�,and doing afl
<br /> other thf ngs as may be necessary ar�esirable� i n Lenders sale opi��on, to ac�ompli�� t�e ma�fers referr�d to in
<br /> the pre�edi n�paragraph.
<br /> FL�LL P ER F�R�IAN GF, If Trustor pays a[I the Indebtedness,includi r�g with�ut�imitation al l f�#ure ad�anc�s,wher�due,
<br /> and otherwise perfarms all the obligations imposed upon Trust�� under this �eet� of Trust, Lender shalE execute 2�r�d
<br /> del iWer to `Crust�e a re€�uest for fu!( rea�n�eyan�e ar�d shai� execute an� deli�er ta Trustar suitable st�tements oi
<br /> te�m�n�ti�n vf �ny fna�cing statemen� on file �videnc�r�� Lender`s s�c�rity ir�t�re�t in the Re�ts and the Pers�or�al
<br /> Property. Any reoonv�yanc�fe�required by law shall be paid by Trustar,if permit#ed by appl��ble law.
<br /> EIIEl�TS �F DEFAULT. Each o f ihe fa1[owing, at Lend er's ap#io n� s ha I1 co n stif u te a n �veni of p efau It unde r t�is De�d
<br /> of Trusf:
<br /> �ayrnent defa�jt. �'rustor fails tv make any�ayment�rvi�en�ue under the lndebtedness.
<br /> Other De�au�ts. �'rustvr fails #o comply with ar ta perfoTm any ather term� oioli�a�tion, covenant or conditivn
<br /> cantair�ed in tF�is Deed af�rust o�- in any of the Related DoGuments o� ta c�mply with or ta perform any term,
<br /> oblfgatian,r.oWenant or eondition�ontained in any other agreement behrveen Lender and Tru�#or.
<br /> Gvmpl�ance QeTault� Faflure �a cvrnP�y witn any vthe` term, ob�agat�or�, cavenant �C �or�qJt�on con��inna tn thi�
<br /> ❑eed of Trust,the Nate vr in any vf the Related Documents.
<br /> De�a u�[f or��ther Payme nts. �ailu�e o f Trustor uv ith i n the ti m e required by this Deed a�Trust to make any payment
<br /> fv r taxes vr i nsurance, or any ather paym ent necessary ta prevent fi[in g of vr to effect discharg�o f a ny«en.
<br /> befaul�in �avor vf Third part�es. Should �ranto�default�nd�r an�Ivan, extension of credit, security agreern�nt,
<br /> purchase or sales a�reement,or aRy other agr�ement, in farror of any o���r creditor or person#hat�nay materially
<br /> affe�� any of Grantor's �roperly or Gran�or's ability to repay the lr�debtedness ar Gtantor's ability to perform
<br /> Grantar's obli�at�ons under this Dee�of 7rust or any of the F�elated�ocurnents.
<br /> �alse Staternenfs. Any warranty, represenfation or sfafement made o�- furnished tv Lender �y Yrustor v� on
<br /> �'rustar's �aehalf under this Dee�i of T�st or the F�elated Dacuments is false or mis[eac�ing in any material respect,
<br /> eithe�-nouv❑r at th�#i me made ar fu�nished or becomes false or misleadi n�at any ti me��ereafter.
<br /> D�fective �ollateraliza�ian. This Deeci of f rusk or any of the Related Dacu men�s c�as�s to be in fu(I farce ar�d
<br /> ef�ect {including failur�of any co[lateral document t❑ c��at�a valid and per�ected securi�y inferest ar lien�at any
<br /> ti me and fo r an�reason.
<br /> D�ath or Insolvency. The d eath of�r�s�o r,t�e insolvency of�rustor,the a�poi n tment af a recei�rer fo r any pa rt flf
<br /> Trustor's pro perty, a�y assig nmet�t tar li�e benefit a f cre ditors, any typ e o� credifor worko ut, ar �f�e
<br /> commen�emer�t of any proceeding under any bankruptcy or insolvenc}r law�by a`against Trustor.
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