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2� 1 ��8��3
<br /> DEEL� �F TRUST
<br /> Lvan No: "I U 13��59C �G�ntlnued� Page a
<br /> a�ailable remedies for an E�ent of D��au�� as pra�ided belv�rv unless Trustvr ei�her ��} pays the tax before it
<br /> beGom�s� definquent, vr {2} cvn�ests the�ax as proWided aba�e in the Taxes and Liens sec�ion and d�posi�s with
<br /> L�nder cash or a sufficien�corporate surety bond ar other security sa�is�actory�o Lender.
<br /> SECURITY AGREEMENT; FINANC[NG STATEMENTS. The '�vllowing provisions re[a�ing �❑ this Deed of Trust as a
<br /> security agre�men�are a part❑f�his D��d o�Trust:
<br /> 5ecuri�y Agreement. This ins�rument shall cvnst+tute a Se�urEty Agreement �v �he ex�ent any ❑� �he Praper�y
<br /> cvnsti�utes�ixtures, and Lende�shai� hav� atl ❑f the righ�s ❑�a secur�d party under the Uniform Commercia[ �vde
<br /> as amended from time�o�ime.
<br /> 5ecuri�y Interest. Upon request by Lender, T�us�ar shall take whate��r ac�ivn is requested by Lender to per�ec�
<br /> and cvn�inue Lender's secur�ty interest in the Persana� Property. ln addition �v re�ording �his De�d o�Trust in th�
<br /> rea� praper�y r�cords, Lender m�yr a� any �ime �nd wifihout #ur�h�r au�horizativn from Trustor, �il� �xecuted
<br /> coun�erpar�s� capies or reproduct��ns of �thi� Deed o� Trust as a financing sta�ement. Trus�vr shall re�mburse
<br /> Lender for all expense� incurred En perfec�{ng �r con�inuing this seGuri#� interes�. Upon defaul�, Trustor shall nv�
<br /> remv�e, se�er ar detach th� P�rsanal Prnper�y �ram the Pro�er�y. Upon default, Trustar shali as�emble any
<br /> Personal Pro�erty not affixed �o the Prvperty in a manner and a� a place rea�ana�ly con�enient xa Trust�r and
<br /> Lender and make it a�ailabie t� Lender wi�h�n three �3} days af�er re�eip� of wri��en �emand �ram Lender �o �he
<br /> exten�permitfied by appli�able law.
<br /> Addresse$. The mailing �ddresses a� Tr�a���r tdebtvr} and Lender �secured par�y} �rvm which in�ormat»n
<br /> cvncerning the seGurity in�eres� granted by this Qeed ❑f Trust may be obtained �each as required f�y the UnE�vrm
<br /> CQmmercia! Cvdey are as stated on�he first page o�F�his Deed❑�Trus�.
<br /> FURTHER ASSURANCES: ATTCIRNEY-IN-FACT. The �oilawing provis�ons rela�ing tv turther assurances and
<br /> a��orney--in-fa�t are a par�vf this �e�d o�Trust:
<br /> Fur�her As�ur�nces. A�any�ime, and �rom time�o �ims, upon requ�st�� Lend�r, Tru$�ar will mak�, ex�cute and
<br /> de[i�er, o�will cause�o be made, executed ar de[E�ered, to Lender or�o Lender's designee, and when reques�ed by
<br /> Lender, cause ta be fi[ed, re�vrded, refi[ed, or rerecorded, as the case may be� at such times and in su�h of�i�es
<br /> and places �s Lender ma� d��m appropriat�, any and aii su�h mvr�r�ages, deed� af t�us�, se�urity deeds, se�uri�y
<br /> agreemert�s, f�nanc+ng �tatemen�s, continua�ior� s�a�ements, instruments fl# �urther assurance, c�rxi�i�ates, and
<br /> other dacumen�ts as may, in�h�sol�op�ni�n❑f Lend�r, be nec�ssary❑r desiraL�le in vrder�a ef���tuate, camplete,
<br /> perfect, cvntinue, or preser�e {1 y Trustor's obligativns under th� Nvte, thi� Deed a� Trust, and the Related
<br /> Docum�n�s, and {2y the [iens and security in�erests Greated by�i�is aeed ot Trus� as firs� and priar liens ❑n the
<br /> Prvperty, whether now owned ❑r hereaf�er a�quired by Trustvr. LJnless prohibited�by law ❑r Lender a�rees �o the
<br /> cantrary in wri�ing, Trustvr shalE reimlaurse Lender for all cvsts and e�cpenses incurred in cvnnection with the
<br /> matters referred�o in thi�par�graph.
<br /> Attorney-in-Fac�. !f Trustvr�ails �o d❑ any af the things referred �v in the pre�edin� paragraph, Lender may do sa
<br /> �or and in�he name vf Trus�ar and at Trus�t�r's ea�p�nse. F�r suGh purpvses, Trustor hereby irrevo�ably appoints
<br /> Lender�s�'rustQr's a�t�rney-in-�ac�for�he purpose ❑f making, execu�ing, deli�erinc�, '�iling, recording, �nd doing all
<br /> ��her things as may be necessary or desirable, in Lender's 5p�e �pirliC]n, �o a�complish the matters referred to in
<br /> �he preceding paragraph.
<br /> FULL PERFC�RMANCE. 1�Trus�ar pays ali th� lndeb�edness, including without limita#ian �Il �u�ure ad�anGe�, when due,
<br /> �nd �therwise per�orms ail the obligatians imposed u�on Trus�ar under �his Deed o�F Trus�r Lender shai� ex�cute and
<br /> deli�er �ta Trustee a request �vr �ul� recan��yance and shall exe�ute and deli�er tv Tru�tor sui�ab�e s�a�ements ❑�
<br /> �e�mina�ion v� �ny finan�ing sta�emen� on fi�e e�idencin� Lender's security int�r�st in �he Rents and the Persvnal
<br /> Praper�y. Any recon�eyance�ee required by�aw shall be paid by Trustor,�f permitted by applicable Eaw.
<br /> DE�AULT. At Lender`s optian.Trus�vr wiff be in d��aul��nder this ❑�ed vf Trus�t��any❑��h��FaI[awing happen:
<br /> Fraud or Ma�er�al IVlisrepresentation. Trustor �ommits �raud vr materiaE misreprEsentati�n in Connec�ian with the
<br /> �erms v�the Na�e.
<br /> Payment�.]�fault. Trustc�r�ails�o meet the rep�yment�terms c���he Note�or any ou�s�anding balance.
<br /> �the� Qefau�ts. Trus�ar`s act or faiiure �a act ad�erse�y affects Len�ler's security in�erest in the Property, or any
<br /> right af Lender's in such securi�y.
<br /> Righ#tv�ure. �f any d�f�ul�, other than a de��u[-t�n paymen�, is Gurahle and if Trus�ar has no�been gi�en a natice
<br /> v�a breach of�he same pro�isian of�his�e�d ❑�Trust v+rrthin�h�preceding twel�e ��2} manths, it may be cured if
<br /> Trustor, after Lender sends wr����en noti�e to Trus�or demanding cur�o�such de�au��. �1} �ures the d�taui�wi�hin
<br /> ten ���� d�ys; or ��} if�he cure requires more'�han�en ���y d�ys, immed�a�ely ini�i��es s�eps which Lender deems
<br /> in Lender's saie dis�reti�n to be suf�icient ta cure the de�ault and thereafter cvntinues and compl��es aIl reasonable
<br /> and ne�essary steps suffic�ent to prvdu�e com�liance as snan as reasvnably practi�al.
<br /> RiGHTS AND �EIVIEDIES DN DEFAULT. 1�an E�en�Qf De�auit occurs under this Deed o�Trus�. at any�ime�hereafter,
<br /> Trustee ar L�nder may exercise any one or mare❑�the following rights and remedies:
<br /> Ac�el�r��ian lJpon De��u��: Addit�onal Rem�dtes. E#any E��n�of De�aul�c�cc�c�r� as per the terms v���e Nflte
<br /> secured hereby, LendEr may dec�are all �ndebtedness secured by fihis Deed o'�Trust to be due and payab[e and
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