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2� 17� 1315
<br /> DEED �F TRUST
<br /> [Continued� Pa�e �
<br /> the Real Prnper�y. Trustor sha[I reimbu�se Lender for all taxes, as described below, together with al( expenses
<br /> incurred in recording, perfe��ing or continu�ng �his ❑eed o�f Trus#, including withouf Iimita�ion all taxes, fees,
<br /> documentary stamps, and other charges for re�arding or registe�ing this Deed �f Trust.
<br /> Taxes. The �ollowir�g sha11 constitute taxes �o which this section app�ies: �'�} a specif�c tax upon this type o�
<br /> Deed of Trust or upon a11 or any part o�the Indebtedness secured by this Deed af Trust; �2} a specific tax on
<br /> Trustor which Trus�vr is authorized or requ�red�a deduct from payments on the �ndebtedness secured by this type
<br /> of❑eed c�f Trust; �3} a tax on this type of Deed of Trus�cha�-geable against the Lender or the nolder o��he Credit
<br /> Agreemen�; and �4} a specifc tax on al1 �r any po�tion �f �he Indeb�edness or an paym�n�s of principal and
<br /> interest made by Trustor.
<br /> Suk�sequent Taxes. lf any tax ta which this section applies is enacted subse�uent tv the da�e of this ❑eed of
<br /> T�ust, this e�en� shal� ha�e the same efFect as an E�ent of Defaul�, and Lender may exercise any or a!I t�f its
<br /> a�ailable remedies for an E�ent of Defaul# as pro�ided be�ow unless Trustar e�ther ��} pays the tax before it
<br /> b�Gomes delinque�t, or ��} contests the �ax as pro�ided abave in �he Taxes and Liens sectian and deposits with
<br /> Lender�ash or a sufifcien�carporate su�-ety bond or othe�security satisfac�ory tv Lender.
<br /> SEC�RITY A�REE�JIENT; FINANC�N� STATEMENTS. The �oi�owing provisions relating fo this t3eed of Trust as a
<br /> securi�y agreement are a par�of this Deed of Trus�:
<br /> Security Agreement, This ins�rument shall cansti�ute a 5ecurity Agreemen� �o th� extent any o� the Prope�ty
<br /> canstitu�es fixtu�es, and Lender shal! ha�e all o�the righ�s❑f a secured party under the Un�form �ommerc�al Code
<br /> as am�nded fram time to time.
<br /> Security Inferest. Upon request by Lender, Trustor shall take whate��r� ac#�on 15 requested by Lend�r to per��ct
<br /> and con�inue Lender's security interest �n the Personal Property. !n addi�ion to recarding this De�d af Trus� in the
<br /> real proper�y records, Lender may, a� any �ime and withouf �urther authorization from Trustor, fle exe�uted
<br /> eoun�erparts, copies or reproductians af this Deed a� Trust as a financing s�atement. Trustor sha�l reimburse
<br /> Lender for�al� expenses incurred in per�ecting o�-continuing this securi�y in�e�-est. Upan de#ault, Trustor sha�l not
<br /> remo�e, se�e�- or detach the Personal Pr-operty from the Properfiy. Upon default, Trustor shall assemb�� any
<br /> Persanal Praper�y no� affixed to �he Praperty in a manner and at a place reasonab�y c�n�enienfi to Trustor and
<br /> Lender and make it availabie �o Lender within three �3} days after receipt o�wr�tten demand from �ender t� the
<br /> extent permi��ed by app�icable law.
<br /> Addresses. The mailing addresses o� Trus�or �debtor} and Lender �secured par�y� fram wh��h informa��on
<br /> Conc�rning the security interest granted by �h�s De�d o�Trust may be ob�ained �each as requ�red by the lJniform
<br /> Commercia�C�de}are as stated on the f�rst page o�this Deed of Trus#.
<br /> FURTHER ASSURANCES; ATTDRNEY-��N�FACT. The fiollawing pro�isions re�ating to �ur�her assurances and
<br /> a��orney-in-���ct are a part of this Deed of Trust:
<br /> Further Assurances. A� any time, and from time to time, upon request ofi Lender, Trustor wil� mak�, execu�e and
<br /> d��i�e�-, or will cause to be made, executed or del��ered, tv Lender ar to Lender's designee, and vvhen �equested by
<br /> Lender, Gause fo b�filed, recorded, refiled, or rerecorded, as �he case may be, at such times and in such �ffices
<br /> and p�aces as Lender may deem appropriate, any and alI such mortgages, deeds of trust, security deeds, securi�y
<br /> agreements, financing s�atements, continuation sta�ements, instruments o� fur�her assurance, cer�i�icates, and
<br /> o�her documen�s as may, in the s�le ap�nion of Lender, be necessary or desirable �n order to e�feGtuate, compfete,
<br /> pe�fiect, cont�nue, or pres�rve �1} Trustor's obligations under the �redit Agreement, this Deed o�Trus�, and the
<br /> Re�ated ao�um�n�s, and ��} the liens and security interes�s crea�ed by this Deed of Trust on the Property,
<br /> whe�her now owned or he�eafter acquired by Trustor. Uniess prohibited by iaw or Lender agrees ta the contrary in
<br /> wri�ing, Trus�or shal� reimburse Lender for ail cos�s and expenses incurred �n conneGtion with the matters referred
<br /> �o in this paragraph.
<br /> Attorney-�n-Fact. !f Trustor�ails to do any ofi the things r�fer�ed to in the preceding paragraph, Lender may do so
<br /> for and in the name afi Trus�or and at Trustor's exp�nse. For such purposes, Trustor hereby irre�ocably appoints
<br /> Lende�-as Trus�or's at�orney-in-fac�for the purpos� ❑f rnaking, executing, del��ering,#iling, �e�ording, and doing a!I
<br /> other things as may be necessary or desirable, in Lender's s�le opinion, to accomplish the matters referred to in
<br /> the preceding paragraph.
<br /> F�LL PERF�RII�IANCE. [f Trustor pays a�l�he Indebtedness when due, termina�es the�red�t I�ne accaunt, and otherwise
<br /> per�orms all the abCigafiions impased upon Trustor under�hi� Deed of Trust, Lender shall execute and deliver�o Trustee
<br /> a reques� for full recan�eyance and shall execu�e and deliver �o Trustor suitable statements o� �ermina�ion �f any
<br /> financing s�atement an f1e e�iden�ing Lender's security interest in the Rents and the Personal Property. Any
<br /> reconveyance fee required by law sha�l be paid by Trus�or, i�permitted by app�icabie law.
<br /> EVENTS �F DEFAULT. Trustor wil� be in defaul# under thEs Deed of Trus� �f any of�he following happen: �A} Trustor
<br /> commits fraud or makes a material rnisrepresentation at any t�me in cannectEon with the �redit Agreement. This can
<br /> inc�ude, for example, a false stafiement about Trus�or's incame, assets, l�ab�li�ies, or any o�her aspects o� Trustar`s
<br /> #inan�ial conditi�n. �B} Trustor does not meet fhe repayment te�ms of#he Credit Agreement. �G} Trus�or's aGtion or
<br /> inaction ad�erseiy affects the collatera� or Lender's rights �n �he collateral. This �an include, for exampie, failure �o
<br /> maintain required ins�rance, �vaste or d�str�cti�e us�af th��w�lling, f�ril�r�t���y�ax�s, death of all persons liable on
<br /> the account, transfer of titl� or sale o�F the dw�lling, crea�ian of a seniar lien on the dwe[ling wi�hout Lender`s
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