Laserfiche WebLink
2� 17� 1439 <br /> DEEa �F TRUST <br /> Laan IVv: '1 D'13D�336 t�vntinued} Page 5 <br /> Current Taxes. Fees and Charges. Upon requ�st by Lender, Trustvr shall exeGute such documents in addi�ian ta <br /> this �eed o�Trus�and �ake vvhate�er nther action is requested by Lender to per�Fect and cantinue Lender's lien ❑n <br /> th� Rea1 Proper�y. Trustor shall reim�urse Lender ��r all taxes, as descr��ed below, tagether with all expenses <br /> incurred in rec�rding, p�r�F�ctin� or can�inuing this aeed of Trust, including without limitativn all taxes, fees, <br /> d�cumentary stamps, and other charges for recarding or registering this Deed of Trust. <br /> Taxes. The fvllvwing shall canstitute �axes �v which this section appZies: �1} a specific �ax upon this type of <br /> Deed o�Trust ❑r upan a�i or any part of the Indebtedness secured by �this ❑eed af Trus�; {Z� a specific tax an <br /> Trustar which Trustar is authori�ed or required to deduc#frvm payments on the lndebtedness secured by this type <br /> o� Deed o�Trust; {3} a �ax❑n this �ype vf Deed ❑f Trust �hargeable against the Lender❑r�he holder❑f th� Nvte; <br /> and {4} a specific tax on all or any portion ❑�the Indeb��dness or ❑n paymen�s of principal and �nterest made by <br /> Trustor. <br /> 5ubsequen� Taxes. If any tax �❑ which this sec�kian applies is enacted 5L1bS�C�U��1� �D the da�e o� �his Deed o� <br /> Trus�, �his e�en� shall ha�e the same effect as an E�enfi vf Defaulfi, and Lender may exer�ise any or all ❑� i�s <br /> a�ai[ab�e remedies fvr an E�ent of ❑efault as pr��ided below unless Trustar ei�her {'�� pays �he tax be-��r� i� <br /> becames delinquen�, or {2} con�es�s �he�ax as pro�ided abo�e in the Tax�s and L�ens section and deposits with <br /> L�nder cash�r a suffic�en�corporate surety bond ar vther security satisfactory to Lender. <br /> SECURITY AGREEMENT; F1NAN�ING STATEMENTS. The �v[fowing pro�is�vns relafiin� fio fihis Deed vfi Trusfi as a <br /> securi�y agreement are a part of fihis ❑eed o�Trust: <br /> 5ecurity Agreemenfi. This inst�rumen� shall constitute a 5ecurity Agreement fio the extent any of the Property <br /> consfiifiutes fixtures, and Lender shall ha�e all vf the �igh�s of a secured par�y under�he Uni�orm �ammer-cia� Code <br /> as amended fram time�k❑time. <br /> Security lnteres�. L1pvn reques� by Lender, Trustor shall take whate�er action is requested by Lender�o perfect <br /> and ��ntinue Lender's security interest in�he Persanal Praperty. ln addition ta recarding this Deed ❑�F T�ust in the <br /> r�al property recards, Lender may, at any �im� and wifihout fiurther authorizativn frvm Trus�or, file executed <br /> counterpar�ts, cvpies or reprvduc�ions ofi this Deed ❑� Trust as a �inancing s�a��men�t. T�-ustor shall reimburse <br /> Lender �for all expenses incurred in perfecting or cantir�uing this security interest. LJpon de�aulfi, Trus�ar shalE not <br /> remo�e, se�er or detach fihe Persona� Property �rom �he Property, Upvn defaul�, Trus�or shall assem�le any <br /> Personai Property nvt af�ixed �o the Prvper�y in a manner and at a p�a�� reasanab�y convenient ta Trus�vr and <br /> Lender and make it a�ai�abls to Lender within three �3} days after receipt vf writ�en demand �ram Lender tv th� <br /> exfienfi permitted by appli�alale law. <br /> Addresses. The mailing address�s o� Trus�vr {debtor} and Lender �secured party� f�-om which infvrmatian <br /> concerning the securi�y interes� granfied by �his ❑eed a�Trust may be obtained {each as required by the Unitorm <br /> Cvmmercial Code� are as stated fln the�irs�page of this I�eed o#Trus�. <br /> FURTHER ASSURANCES� ATTDRNEY-IN-FACT. The fallawing pro�isions rela�ing �� �urth�r assurances and <br /> atkorney--in--fact are a part❑#thts Deed o�F Trust: <br /> Further Assurances. At any time, and fram time to time, upon request a# Lender, Trustor wi�� make, exe�ute and <br /> deliver, or will cause to be made, executed �r deli�ered,�❑ Lender❑r�o Lender's designee, and when requested by <br /> Lender, cause to be �iied, recorded, refiled, or �erecvrded, as �th� case may be, at such times and in such o��ices <br /> and places as Lender may deem appropriate, any and all such mortgages, deeds ❑�trust, security deeds, securi�y <br /> agreements, �inancing s�a�emen�s, continuation sta�ements, instrumenfis v� fiurther assurance, certificates, and <br /> v�her documents as may, in�he sole �pinion of L�nder, be necessary or desirab�e in arder to effectuate, complete, <br /> per�ect, cvn�inue, or preserve ��� Trus�vr's obEigations under �he Nvte, �his Deed a# Trust, and the Related <br /> Documen�s, and �2� the [iens and security interests created by this Deed ❑f Trust as firs� and prior liens on the <br /> Property, whether naw awned v� herea�f�ter acquired by Trustar. Unless prohibited by law ❑r Lender agrees fi� the <br /> con�rary in writing, Trustor shai� reimburse Lender far all costs and expenses incurred in cvnnectivn vuith �he <br /> ma��ers referred to in�his paragraph. <br /> Attorney�in�Fact. It Trustvr fails to do any of�he�hings r�f�rred ta in�he pre�eding paragraph, Lender may d❑ sv <br /> for and in the nam� of Trustvr and at Trustor's expense. For su�h purpvses, Trus�or her�by irre�ocably appoints <br /> Lender as Trus�or's at�orney-in-fa�t�o�r the purpose o�making, executing, defivering, �iEing, recording, and doing a�i <br /> ❑fiher things as may be necessary vr desirahle, in Lender`s sole vpinion, �v accomplish �he matfiers referred ta En <br /> the preceding paragraph. <br /> FULL PERF�RMANCE. 1�Trustor pays all the Indebtedness, including withvut�imitativn ai� �Fu�ure advances, when due, <br /> and ❑�herwise perfvrms ail the obEigativns impvsed upan Trustar under this Deed o� Trust, Lender shaf{ execute and <br /> deli�er t❑ Trus�ee a request �or full re�an�eyance and shall execute and deli�er to Trus�or sui�tabfe statements of <br /> termination o� any �inancing statemen� an file e�idencing Lender's se�uri�y interest in the Rents and the Personal <br /> Property. Any recon�eyance fee required by law shall be paid by Trustar, if permitted by applicahle law. <br /> DEFAULT. At Lender's option, Trus�ar wi1� be in de�raul�k under this Deed of Trus�C i�any o�the�ailowing happen: <br /> Fraud or Ma�e�ia! Misrepresenta#ivn. Trus�or commi�s fraud or material misrepresentation in �onnectian vui�h the <br /> �erms of the Nvte. <br /> Payment DefauYt. Trus�or�ai[s�a meet the�-epayment terms af the No�e for any❑utstanding balance. <br />