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2� 17� 1 � 15
<br /> �EE[] �F T�IJ�T"
<br /> L��n IV�: �������� {���t��u�d} P�c�� 4�
<br /> Currenf Tax�s, Fees a�d Charges. Upon reques� by Lender, Trus�ar shall execut� su�h do�uments in addition tQ
<br /> this �eed of Trust and take whate�er a�her act�on is requ�sted by Lender�Q per-�ect and cflntinu� Lender's lien on
<br /> th� R��I Prop�rty. Trustar shal� refrnburse Lender for all taxes, as descrih�d �elotirv, tage�her with ail expenses
<br /> incurred in re�arding, p�rf�cting or G�ntinuing this Deed af Trust, including vv�th�ut limit�tion all taxes, fees,
<br /> dacum�ntary stamps, and ��her charges far re�ordin� ar r�gist�ring this Deed �f Trust.
<br /> T�xes, The foil�wing shal� constitute taxes ta which this section appli�s: 41 y a spec�fic tax up�n �his type of
<br /> aeed of Trust �r up�n al� or an� part ��f th� fn�ebtedness se�ured by �his �3eed of Trust; {Zy a �pecific ta�c on
<br /> B�rr�tirv�r v�hich Borra�v�r is authori�ed �r required t� deduct �ram payments on the lndebt�dness s�cured by this
<br /> type af Qeed flf Trust; �3� a tax on this type �� Deed ��Trust chargeable agains�the Lend�r�r the holder of the
<br /> Na��; and {�� a sp�cific tax on al� or any ��rtian af the Indeb�edne�s �r �n payments of principal and interest
<br /> made by gorrower.
<br /> 5u�s�quent Taxes. If any tax to which �his sectian app�i�s is enacted subs�qu�nt ta the da�e af this Deed af
<br /> Trust, this event shall ha�e the sarne effect as an E�ent of ❑efaul�, and Lender may exer�ise any ar a!I of �ts
<br /> a�aiiable rem�dies fa� an Event of ❑efault as proWided be�aw unless Trustar either ��} pays the tax before it
<br /> �ec�mes clelinquent, a�r ��} c�n-��sfis the tax as provid�� abo�e iE� the Tax�s and Liens s��tion and �epasi�s with
<br /> L�nder cash or a sufficient cor��ra�e sur�ty f��nd or other securitY satisfactor�to Lender.
<br /> SECUR�TY A�R�EMENT; FIIVI�NCI�V� ST�lTEi1llENT�. The follawir7g pra�is�ons r�l�tin� t� �hi� ❑eed af Trust as a
<br /> secur�ty agr��ment are � part of this Deed af Trust:
<br /> ���uri�ty Agre�m�r��. This in��rument shall cansti�tute a Security Agreement �� ��e ext�n� any af �the Pr�perty
<br /> �anstitu��s fi��ures, and Lender shall haWe all o�f#he r�ghts af a $�cured party under the llniform �ommerGial Code
<br /> as amended from time ta tirne.
<br /> S��uri�y ln�ter�s�. upan request �y Lender, Trustar st�all take v�rhate�er a�ti�n is requested �y L�nder to perfect
<br /> . and can�inue LenderFs �ecur�ty interest in th� Personal Praper�y. in addi�i�n to recQrdin� this �eed of Trust in the
<br /> �ea� property record�, Lend�r may, at any �ime and without -�urther authoriza�kion from Trus�or� fil� e�cecuted
<br /> caunterpar��, c�pie� ar re�r�ducti�ns af this Deed �fi Trust as a �inan�ing sta�em�n-�. Tru�tar sha�l re�mburse
<br /> Lender f�r a�l expens�s incurred in perfeGting ar continuing this security interest. Upan default, Trustor sha[1 nat
<br /> remaWe, se�er ar de�ach the Personal Property from the Properfiy. Up�n default, Trustor sha[I assembfe any
<br /> Person�l Property no� affixed �o the Property in a m�nner and at a place rea�onably �anvenient to Tru�tor and �
<br /> Lender and ma�ce it availa�l� �ko L�nder within three {3} da�s atter re�eipt �f written d�mand from Lender �o the
<br /> exten-�permi�ted by app�ica�le �atinr.
<br /> �4ddr�sses. The mailing addresses of Trustar {debtor� and Lender {secure� party} from vvhich infarm.ati�n
<br /> concerning th� secur�ty interest granted by th€s Deed o#Trust may be obtained {�a�h �s required by the �Jni�Farm
<br /> �ommercial �ode} are as s�at�d�n the first page o�this Deed af Trust,
<br /> FURTHER ASSURAN�ESi ATT�RNEY-��V-F�►CT. The following pravisions rela�ing to fur�h�r assurances and
<br /> attorney-in-fact are a part o��th2s Deed o�Trust:
<br /> Further Assurances. At any time, and from time t� tim�, u�an request of Lender, Trustor wil� make, �xecute and
<br /> d�ii�er, �r wil! cause to �e rnade� e�cecuted or d�li�ered, to Lender or to L�nder's des�gne�� ar�d Vvh�n requested by
<br /> L�nder, cause ta be filed, re��rded, refiled, ar rsre��rded, as th� case may be, a� such times and in such offi�es
<br /> and pla�es as Lender may de�m ap�ropriate, any and a[1 such mor�gag�s, deeds of�rust, security deeds, security
<br /> agreements, finan�ing statem�nts, ��n�inua�i�n statementsr instruments af �urther assuran�e, �ertifiea�es, and
<br /> �ther documents as may, in the s�[e opinian of Lender, be ne�essary�r desirable in order to e-�-�ec�uafie, camplete,
<br /> p�rfect, �on��nue, 4r preser�e {1� 6orraw�r�5 and Trustor's obligativns under the N�te, this aeed Qf Trust, and
<br /> the R�lated ❑o�umen�s, and t�} the fiens and security interes�s �reated tay this Deed of Trus� an the Praperty�
<br /> v�rhether now own�d �r hereafter acquire� by Trustar. Unles� prohibited by law or Lender agr�es t�the contrar�in
<br /> writing� Trust�r sha11 r��mburse Lender far al[ costs and expenses incurred in connectian with the matters referred
<br /> to �n this pa�agraph.
<br /> Attorney-in-Fact. If Tru��or fails t� da any of the things re�erred to in the preceding paragraph, Lend�r may d� so
<br /> far and in the name �f Trus��r and at Trust�r's e�cpens�. Far such purpose�, Trustar hereby irreWacably appoints
<br /> Lender as Trus�ar's attarney-in-fact f�r the purpas� vf ma�ing, executing, d�liWeringl filing, re�arding, and doing a�l
<br /> a�her �hings as may �e necessary flr desirable, in Lender's so�e opinion, to accompl�sh the matters referred �o in
<br /> th� pr�Geding paragraph.
<br /> FULL PERFORN1e4CVCE. If �orrovve� and T�ustor �ay all the Indeb�edness Uvhen due, and Trustt�r otherv�ise p�rf�rms all
<br /> th� �bli�atians impased upvn Trustor under thzs Deed ��Trust, Lender shall exe�ut� and de�iWer�o Trus��� a �equest f�r
<br /> #ull recanveyance and shall e�cecute an� deliWer to T�ustor suitable stat�ments of terminati�n af any�Financ�ng statement
<br /> ❑n file evidencing Lender's security interest in t1�e Rents and the Persflna[ Pr�perty. Any recanveyance fee required by
<br /> �aw shall be paid by Trustor, if permit-t�d �y applicable law.
<br /> EVENTS �F DEFAULT. At Lender's �ptian, Trustvr will be in default under this Deed �f Trus� i� any of �khe following
<br /> happen:
<br /> Paymenf DefauIi�. gorrower fails�o make any payment when due under the Indebtedness.
<br /> Br��k ��her Pr�rmises. Borrowe� ar Trustor �rea�cs any p�omise made to Lender ar fails to perfarm pr�mptly a�the
<br /> time and strictly in the manner�roWided in this Deed ofi Trust ar in any agreem�nfi r��ated to this Deed �f Trust.
<br /> Gvm�iiance Qefaul�. Failure ta compiy wi�h any ather term, obligation, ca�renant or candition con�ain�d in this
<br /> Deed ofi Trust, th� Nat�❑r in any of the Related ❑o�uments.
<br /> Defiau�t on�}-�her �aymen�s. Fai�ure of T�us'�or wi�hin the time required �y th�s Deed ❑f Trus�ta make any�ayment
<br /> fior taxes or insurance, or any ath�r payment nec�ssary�� preWent fi�ing ❑f or to effect dis�harge af any lien.
<br /> aefaulfi in Favor a# Third Parties. 5hvuld Borrower ar any Grantar de�ault under any �oan, e�ct�nsion af credi�,
<br /> security agreement, purchase or sales agreemen�, or any �ther agreement, in fa�or af any other creditor�r pers�n
<br /> that may ma��rially affect any of Barrower's ar any Grantor's property �r gorrower's a�ility ta repay the
<br /> Indebtedness or Borrower's or Grant�r's ahi�ity t� p�r��rm the�r resp�ct�We abligations under this Deed of Trust ar
<br /> any Qf the Rela�ed I�ocum�nts.
<br /> Faise S�a�eme�ts. �ny representatian Qr statement made ar fiurnished �o L�nder �y B�rrawer or Trustar ar vn
<br /> 6arrower's ar Trus�or's behaf� under this �eed of Trust or the R�(ated Do��ments is false or mis[eadin� in any
<br /> materia[ resp�c�, either now or at the tim� made ar fu�'nished.
<br /> D�fe�#��e Col�a�eralization. This �eed of Trust �r an� �f the Related Dacumen�s ceas�s to be in ful[ f�rce and
<br /> effect {including failure of any callateral document to �reate a valid and perf�cted securitV interest ar lien} at any
<br /> time and far an�reasan.
<br /> lnsolv�ncy, The dissalutiar� or termina�ion of the Trust, �he insol�en�y��Borrower�r Trus�ar, the appointment of
<br /> a re�eiWer��r any part of Borr�v�r�r`s or Trustor's property, an}� assignmen�-�or the b�nefi�af c�e�iitors, any type of
<br /> c�'edit�r w4rkout, or the cammencemer�� o�any pra�eeding und�r any bankruptc� or insolvency laws by or aga�nst
<br /> Borrower or Trustar.
<br /> Takin� af tha Pro�erty, Any Gredi�ar �r go�ernmenta� ag�ncy tries t❑ take any af the Prvperty ar any other af
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