2� 1 ��88�3
<br /> a��� �F -rRusT
<br /> Lva+n �Vo: 'i�'i�98�4� ��C�ntiMue�i} Page �
<br /> �ECURiTY AGREEMENTi FiNANC1NG STAT��I�IVTS. The �o�Ivwing provisi�ns reia�ing �a �this �eed �� T�ust as a
<br /> securi�y agreement are a pa�t❑f�his D�ed of Trust:
<br /> Se�uri�y Agreemen#. This ins�rument shaii cons�i�ute a 5ecuri�y Agreemen� �o th� ex�ent any af the Prvperty
<br /> consti�u�es fix�ures, and Lender shai! ha�e ail of the rtghts o�a secured party und�r the Uniform CvmmerGial Code
<br /> as amended from�ime tv�ime.
<br /> 5ecurity [n#erest. t�pa�n request by L�nder, Trustor shall take whate�er ac�ion is request�d by Lender �o p�r�ect
<br /> and conx�nu� Lender's �ecurity interest�n �he Pers�nal Property. In addi�Eon�C❑ recording this Deed v�Tf�s�in�he
<br /> r�ai praper�y reGQrd�, �.ender may, at any time and wi�hout #urther �u�ha�rizafiion trom Trus�vr, �ile exe�uted
<br /> cvunterparts, capies nr reprodu�tians �� this Qeed of Trus# a� a �inancing s�a�ement. Trus�ar shall reimburse
<br /> Lender fvr al! expEnse� incur�-ed En perfectin� or continu�ng this se�uri�y interes�. Upon de�aul�, Tr�stvr shall not
<br /> remvve, se�er or de�a�h the Personal Praperty #r�m th� Praper�y, Upon de�fau�t, Trus�vr shal� ass�mble any
<br /> Persona� Proper�y nat affixed �o �he Prvper�y in a manner and �t � Qface reasanably canveni�n� �o Trustar and
<br /> Lender and make i� a�ailabfe to Lender wi�hin �h�ee �3y days after receipt af wr��en dem�r�d from Lender to th�
<br /> exten�permitted by appl�cabie faw.
<br /> Addresses. The maElin� addresses v� Trustvr (debtor} and Lender �secured partyf f�am which in#vrmati�n
<br /> concern�ng the securitY inte�est granted by this Deed of Trust may be ob�ained {each as required by th� Uni�orm
<br /> Cvmmercial �ode� are as stated�n the first page❑#this De�d❑�Trust.
<br /> FURTHLR ASSURANCES; ATTDRNEY-IN-FACT. The fv!lowEng pr��isivns r�la�ing to fur�h�r assurances and
<br /> �t�arn�y-in--fact are a part v��hi� Deed vf Trust:
<br /> Further Assuranc�s. A� any t�me.,and frorn �ime t❑ time. upon reques�a� Lend�r, Trus�or will m�ke, exe�ute and
<br /> deli�er, vr wi�1 cause�v he made, execu��d ar deliWered,ta Lender vr�a Lender's designee, and when reques�ed by
<br /> Lender, cause to b� �iled, recvrded� re�iled� ❑r rer��orded. as �h� �a�e may be, a� such tim�� and in such o��ices
<br /> and places as Lender may deem appropria��, any and a�f such mc�r�g�ges, deeds vf�rus�, �eGurity deeds, securiry
<br /> agreements, �inancing statemen�s, continua#ion s�tatemen�s, instruments v� further assuranGe. certificat�s, and
<br /> ❑�her do�uments as maV, in the so�e apinion o�Lender, be necessary or desi�a�E� in order to effectuate. comple�e,
<br /> . perfec�, cnntinue, ❑�r preser�e ��� Trus�or`s obligatians under the No�e. �h�s Deed of Trus�. and �he R�la�ed
<br /> Documen��, and �Z} �he i�ens and seGurity in�e�es�s created by this Deed o�Trust as first and privr liens vn�he
<br /> Prvperty, wheth�r naw vwned ❑r hereafter acquired by Trus�or. Uni�ss prohihi�ted by !aw or Lender agrees tv ��e
<br /> � contrary �n wr�ting, Trustvr shaE� reimbu�se Lender �or a[� CD5�5 and ex�enses incurred in connection wrth �he
<br /> m�tters referred�o�n this paragraph.
<br /> A�ttornsy-in-Fact. 1�Trus�vr fails to d❑ any og�he �hings re�erred�v in�he preceding paragraph, Lender may da so
<br /> fvr and in the name t��Trustvr and at Trus�or's �xpense. Fflr such purpases. Trustor hereby irr�rr�cabty ap�oinfis
<br /> Lender as Trus�or''s��ttorney�in-fact f�r�h� purpose o�r making, execu�ing, delivering, �iling, re�arding, and doing all
<br /> ❑ther things as may be n��essary or d�sirabEe, in Lender`s sol� a�inian� �o accomplish �he mat�ers referred to in
<br /> the preceding p�ragraph.
<br /> FULL PERF�RMAlVCE. If Trustor pays al�the �ndeb�ednessF in�luding with�u�Iimita�ion a11 #u�ure adWances, when due,
<br /> and otherw�se perfvrms a�l the ob�igat;ans imposed upon Trustor under th�s Deed ❑f Trust, Lender shal� execu�e and
<br /> defi�er ta Trustee a request far tulI recon�eyance and s�ali execute and defi�er �❑ Trustor suitabl� s�atements o�
<br /> terminatian of any financing sfia�ement vn �ile e�idencing Lender's security interest in the Rents and �he Persanal
<br /> Property. Any recvn��yan�e�ee required by!aw shail be paid by Trustar, if permit�ed by appl�cabfe law.
<br /> DEFA�LT. A�Lender's�ptian, rrus�vr will be in de�aul�under this Deed ❑f Trus�i�any o�r�he foliawinc� happen:
<br /> Fraud ar IVla�eriat Mrsr�presentativn. Trustr�r cr�mmits �raud vr ma��rial misr�presentation in �onne��ivn wi#h the
<br /> ter�ns❑f�he Nc��e,
<br /> Ra�ment Defaul�. Trust�r fails tv meer�he repayment terms o��he N��e for any outstandin� balance.
<br /> �ther De�aui�s. Trus�or's ac� or �Failure �Co ac� ad�ersei� afitects Lender's se�uri�� in�eres� in the Property, ar any
<br /> right of Lender's ir�such security.
<br /> R�gh#to Cure. i�any de�aul�, other than a de�au��in paymen�, �s curabEe and i�Trus���h�s not been g��en a nv�i�e
<br /> o�a breach❑�the same pro�ision of fh�s Deed of Trust►nrithin�the preceding�rrve�We ���} mon�hs, �t may be cured if
<br /> Trus�vr, aft�r Lender sends wri�tsn no�Ece�o Trustor demanding cure o�such defaul�: ��} cures�he de�au[t wi�hin
<br /> ��n ���y days; or ��) if the cure requires more'than�en ���� days, immed�a��ly initia�es s�eps whiGh Lende�-d��ms
<br /> in Lender's sole discretivn�Q lae sufficient ta �ure�h�defa�rlt and ther�a�ter cantinues and comple��s all reasana�le
<br /> �nd n�c�ssary�#eps su��icien�ta produce cam�lian�e as s�an as reasanably practical.
<br /> �l�HTS AND REMEDi�� t]IV QEFAULT. I�an E��n�o� ❑e�ault occurs under�Chis Deed ❑f Trust, at any time therea#ter,
<br /> . Trustee ar Lender m�y�a�er�ise any ane ar mar�❑�the fvl�awing rights and remedies:
<br /> Acceleratic�n U�Ron Defaul#:Addi�ion�� F�er�ed�es. ��any E�ert�C v� ❑e�auit occurs as per�he terms ❑f the Nvte
<br /> secured hereby, Lender may declare afl Indebtedness secured by this Deed of Trus�tv be due and payable and
<br /> �he same shal�thereupon become dus and paya�le withou�any presentmen�, demand. pro�est❑�notice o�any
<br /> f�ind. Thereafter, Lender may:
<br /> �ay Ei�he� in persan or by agen�, with ❑r withou� bringing any a�t�an ar praceeding� ❑r by a recei�er
<br />
|