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2� 17� 14�4 DEED �F TRUST Lflan Nn: 'I�'I 3��75 ��rltinued� Page 6 Commercial �ad�� are as stated�n the first page ❑f this ❑eed of Trust. FURTHER A55URANCES: ATT�RNEY-�N-FA�T. The �vllowing pro�isians relating to �urther assurances and attarney-in-fac� ar� a part��this Deed o�Trust: Further Assurances. At any time, and fram time to time, upvn request of L�nder, Trustor will make, execute and deliver, ar will cause to be mad�, executed or deli�ered, to Lender or to Lender's designee, and when request�d by Lender, cause ta be filed, re�arded, refiled, or� rerecorded, as the case may be, at such times and in such �ffices and places as Lender may deem apprvpriate, any and all such mortgages, deeds vf trust, security deeds, security agreements, tinancing statements, continuation statements, instruments ot further assurance, certificates, and other dv�uments as may, in the svle apinivn af Lender, be necessary or desirable in order tv effeGtuate, complete, perfect, cvn#inue, or preser�e �1 y gorrower's and Trustor's ❑bligations under th� NQte, this Deed of Trust, and the Refat�d Documents, and �2y the fiens and security int�r�sts created by �his Deed af Trust as first and prior liens �n the Property, whether naw awned ❑r h�reafter acquired by Trustor. Unless prohibited by law ar Lender agrees t❑ the contrary in writing, Trustor shal! reimburse Lend�� for all costs and expenses incurred in canne�tian with the matters referred to in this paragraph. Attvrney-in-Fact. [f Trustor fails t� d❑ any af the �hings referred ta in the preceding paragraph, Lender may do so f¢r and in the name ❑f Trustvr and at Trustvr's expense. For suCh purposes, Trustvr hereby irre�ocably appaints Lender as Trustar's attorney-in-fact tar the purpvse of making, exe�u�ing, de�i�ering, fiiing, recording, and daing all oth�r things as may be necessary or desirable, in L�nder's so�e opinion, to accomplish the matters referred to in the preceding paragraph. FULL PERFDRMAN�E. If Barrower and Trustar pay all the Indebtedness, including withaut limitati�n all future ad�ances, when due, and Trustar oth�rwis� pertorms al� the obligations rmposed upan Trustor under this ❑eed of Trust, Lend�r sha�1 execute and deli�er ta Trustee a request �or fiull recon�eyance and shall ex�cute and de�i�er to Trustor suftabl� statements of t�rminativn vf any tinancing statement on �ile e�idencing Lender's security interes� in the Rents and the Persanal Property. Any recan��yance fee required hy !aw shaif be �aid by Trustor, if permitted by appiicable law. EVENTS �F DEFAULT. Each of th� follawing, at Lender's option, shall c�nstitute an E�ent of ❑�tault under this Deed ❑f Trust: Payment aefault. B�rrovver fails to make any payment when due under the #ndehtedness. �ther Defaults. 8orrower or Trust�r fails ta comply with or t❑ perform any other t�rm, abligatian, co�enant o� �ondition �vntained in this ❑eed of Trust or tn any �€ the R�lated Documents or to comply wfth or t❑ perform any term, obfigatian, co�enant❑r condition contained in any ather agreement �etween Lender and Borrower ar Trust�r. Compliance Default. Failure to �omply w�th any ❑ther term, ❑bligation, co�enant �r condition contained in this ❑eed �f Trust, the Nate or in any ❑f the f�elated ❑acuments. De�ault on Dther Paymen#s. Failure of Trust�r within the time required hy this Deed of Trust tv make any payment for taxes or insurance, ar any oth�r payment ne�essary ta pr��ent filing af or�o effect discharge of any lien. False Statemen�s. Any warranty, r�presentation or sta�ement made or furnished t❑ Lender by Barrower or Trust�r ar on Borr�wer's or Trustor's b�hai� under this ❑eed af Trust or the Related Qo�uments is faise or misleading in any material respect, either naw or at the time made ar furnished or becomes faise ar misieading at any time thereafter. ❑efecti�e Cailateralizatian. This Deed af Trust ❑r any ❑f the Reiated Do�uments ceases to be in ful! farce and ef�ect {inctuding failure ❑f any collateral do�ument t❑ create a �alid and perfe�ted se�urity interest ar iienf at any time and for any r�asan. Insal�ency. The dissalution ar�ermination ��the Trust, the insal�ency o# 6orrower or Trustor, the appointment of a r�cei�er for any part af 6a�rower's or Trustar's property, any assignment for the benefit vt creditors, any type af cr�ditar warkout, ❑r the �ammenc�ment of any pr�ceeding under any hankruptcy or insol�ency laws hy or against ��r�owe�o�Yrustar. Creditor vr Forfeiture Proceedings. C�mmencement of far�closure or farfeiture pro�eedings, whether by judiciaj proceeding, self-help, repossession or any other methad, by any creditor of 6arrawer �r Trustor or by any ga�ernmental agency against any praperty securing the lndebtedness. This includes a garnishment ❑f any of Barrvwer's ar Trust�r's accaunts, including deposit a��ounts, with Lender. Hawe�er, this E�ent af De#ault sha�! not app�y if there is a gaod faith �lispute hy garrawer or Trustqr as t❑ the �alidity ar �easonableness of the claim which is the basis of the creditor ❑r farfeiture praceeding and if garrawer ar Trustor gi�es Lender written noti�e af the �reditor or fiorfeiture prvice�d�ng and depvsits with Lender monies ❑r a surety bond for�he creditor or �orfeiture p�aceeding, in an amount determined by Lender, in its svle discretion, as being an adequat� reser�e or band far the dispu�e. greach of�ther Agreem�nt. Any breach by garrower�r Trustor under the terms af any other agreement between Borrower ❑r Trustar and Lender that is no� remedied within any gra�e periad pr��ided ther�in, �n�luding withaut limitation any agreement �oncerning any indebt�dness ar vther obligation of Borr�wer ar Trustar t❑ Lender, whether existing now ar later.