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2� 17� 1553
<br /> I�EEi] �F TRLJ�T'
<br /> Loan i�o: ��'[343�3� {�Qtlti�u�d� Page �
<br /> REVC3LVIIVG L�NE aF CREDIT. Th'rs Deed o� Trust secures the lndebtedness including, v►ri�hout limi�afiian, a re�a��ing
<br /> line v�credit, v�rhich ohligates Lender to maks advan�es to Bvrrower so [ong as Borrov►rer cvmplies with al[#he terms of
<br /> #he Note,
<br /> Trustor pre�en�ly assigns to Lender �also knawn as Beneficiary in this Deed of Trus�� all of Trus�or's right, titi�, and
<br /> interes� in and t❑ a[i present and future Iea�es o� �he Praper�y and ali Rents ��om �he Proper�y, In additian, T�ustor
<br /> grants to Lend�r a Uni�fvrm Commercial Code security�n�terest in�he P�rsonal Prvperty and Ren�s,
<br /> TH1S DEED aF TRUST, 1NCLUDlNG THE ASSIGtVMENT �F RE[VTS AiVD THE SECURITY IiVTEREST IN THE RENTS AND
<br /> PERS��lAL PR�PERTY. �S GIVEN T� SECURE �A� PAYME[VT ❑F THE �NI]EBTE�NESS A[�D {B� PERFDRM�4IVCE �F
<br /> ANY AIV❑ ALL flBL1GAT[�NS UNDER THE N�TE. THE RELATED D�CUMEiVTS. AND TH1S DEED �F TRUST. TH�S
<br /> DEEQ flF TRUST 1S G[VE1V AND A�CEPTED�N THE F�LL�V1l[tVG TERIUiS:
<br /> TRUST�R'S REPRESENTATI�NS AI�D VIIARR►41VT1ES. TrustQr warrants �ha�: �a� this Deed o�F Trus� is execu�ed at
<br /> Borrawer's requ�st and not at t�e reques� af Lender; 4b� Trus�or has the full pawer, right� and au�hori�y to enter in�o
<br /> th�s ❑e�d �f Tru�t and to hypathecat� th� Property; �c3 the prv�isivns o� �his Deed ofi Trus� da no'� Gon�lict wi�h, or
<br /> �esult in a �efault under any agreement❑r c�ther instrumen# b�nding u�an Trustar and da no� resul� in a �ioiation of any
<br /> Iavir, regula�ion, caur� decree or order applica_ble �o Trus�or; {d� T�ustor has established adequa�e means o� obtaining
<br /> �rom Borrov�ier ❑n a �ontinuin� basis infarma�i�n ahaut Barr�wer's finan�ial condition; and �e� L�nder has ma�e na
<br /> �epreser�ta�ian to Trustar abou� g�rro�rv�r �in�luding v�r�th�u�limitation the credi�wor�hiness v�Borrower�.
<br /> TRUSTQR'S WAIVERS. Trustar waives all rights nr defenses arising hy �eason af any "ane actian" or '"an�i-deficiency"
<br /> �aw, ❑r any ❑�her lainr which may pre�ent Lender frvm bringing any action against Trustor, in�lu�ing a claim far
<br /> defici�ncy to the �x#ent Lend�r is o�herwise entitl�d tv a claim �or defi�ien�y, be�or� ❑r a�ter Lender's commencement
<br /> or campletian a�any fore�losur� ac�ion, eit�er judi��ally ar by e�rerc�se af a power-of sal�,
<br /> PAY[1�ENT A�[D PERFQRMAiVGE. Except as o�herwise provided in�his �eed of Trus�, Borrow�r and Trusta�shail pay to
<br /> Lender all Indet��edness secured �y th�s Deed of Trust as it be�ornes due, and Borraw�r and Trustor shal! strictly
<br /> perfarm al[their respective obligafions under�h� No��, this ❑eed o�Trust, and the Related ❑o�uments.
<br /> POSSESSfaN AND �VIAINTENA�ICE QF THE PR�PERTY. Borrawer and Trus�or agree that Borrower`s and Trustor's
<br /> possessi�n and use v�the Praperty sha�� be governed by�he fc���owing prvvisions:
<br /> Pvssession and �Jse. �n�il �he accu�rence vf an E��n'� a� D�fau�t, Trustvr may �1} rema�n in passession and
<br /> cantro� ❑f�he P�aper�y; �Z} use, apera�� or manage the Pra�er�y; and �3� collect the Renrs �ram the Proper�y,
<br /> ❑uty �o Main#ain. Trustor shall main�ain the Pr�perty in �enan�able candition and promp�ly per�orm aIl repairs,
<br /> rep�a�emen#s, and maintenance ne��ssary ta preserve its ualue.
<br /> Compliance 1N�#h En�rrvnmental Lavirs. Trustar represents and w�rrants t❑ Lender �hat: {�� During the peric�� o�
<br /> Trustar's �wnership o��he Praperty, t�ere has been na use, genera�i�n, manu�actur�, s�arage, �rea�ment, dispasal,
<br /> r�lease �r threa��n�d release of any �iazard�us Substance by any �ersan on, under, abaut or from the Property;
<br /> �2} Trus�or has n❑ knowledge o�, or re�san t❑ belie�e that �here has be�n, excep�t as p�e�iously discIvsed to and
<br /> acknaw��dged by Lend�r in writing, �a� any breach ar �iaiation �� any En�ironmental Laws, �b� any use,
<br /> generat�on, manu�acture, storage, firea�m�nt, dispasal, release ar �hr�atened release of any Hazardous Substance
<br /> on, under, about vr from �he Prvperty by any pri�r ❑wn�rs vr occupants o� the Property, ar �c� any a��ual ❑r
<br /> �hrea�erted li�iga�ion ❑r claims o� any kind by any pe�son relating to such matters; and {3� Except as pr��iously
<br /> disclvsed to and a���navvledged by Lender in writing, {a� nei�her Trustor nor any�te�nant, con�rac�or, agent or o�her
<br /> au�horized user of�he Praperty sha�! u�e, genera��, manufac�ure, store, �r�at; dispose af ar releas� any Hazardous
<br /> Substance �n, und�er, abvu�or �rom fihe Praper�y; and �by any such ac�i�ity sha[I be condu�ted in �amp[iance with
<br /> all applicable federaf, s�a�e, and Ioc�� laws, regu�ativns and ordinances, including withou� limi�a�ion all
<br /> En�iranmental Laws. firustor au�harizes Lender and its agents to enter up�n the Property t❑ make such
<br /> inspectivns and �ests, a� Trustar's expen�e, as Lender may deem appropr�ate �v de�ermine compliance ❑� the
<br /> Praperty vui�h this seCl�ivn of the Deed ❑f Trus�. Any inspecfii�ns or tes�s made by Lender sha)1 b� �or Lender's
<br /> purpas�s only and shall not be constru�d tv create any respansibility or Iiabili�y on �he par� of Lender to Trus�or or
<br /> �a any o�ther p�rson, The r�pr�sentati�ns and vvarranties contained herein are based on Trust�r's due diligence in
<br /> in�e�tigating the Property far Ha�ardous Subs�ances. Trus�vr hereby �1� releases and wa��es any �uture claims
<br /> against L�nder �Far in�emnity ar car�tribution in the e�ent Trus�vr becomes liable f�r c�eanup ❑r t�ther costs under
<br /> any such laws; and {�� a�rees �� indemn`rfy, de�end, and hold harrn�ess Lender againsfi any and al� claims, lasses,
<br /> liabiliti�s� damages, penal�ies, and expenses which Lender may direc��y or indirectly sus�ain or suf�er resulting fram
<br /> a brea�h ❑fi this sec�ion ofi the Deed o��Trust ❑r as a consequence a�F any use, genera�ian, manufacture, stora�e,
<br /> dispasaf, re(eas� or threa��ned release occurring pri�r ta Trus�or's vwnership or int�rest in th� Praper�y, whether❑�
<br /> not �he same was or should ha�e �een knawn to Trustar. Th� prv�isions af �his sectian of the aeed of Trust,
<br /> inciuding the obligatian to indemnify and de�end, sha�{ sur�i�e�he payment af the Indebtedness and the satis�action
<br /> and r�Gvn�eyance of the lien of�his ❑eed of Trust and shal� not be a�Ffec�ed by Lender"s a�quisitian o# any in�erest
<br /> in th� Praperty, vvhether by fvreclosur� ❑r a�herwise.
<br /> Nu�san+�e, Waste. Trus#ar shall nat cause, cvnduct t�r permit any nuisan�e nor c�mmit� permit, ar suffer any
<br /> stripping o� or waste on or to the Property ❑r any partivn of the Praperty, Wi�hauf i�miting the genera�i�y ❑� the
<br /> �vregaing, Yrus�vr wi[I n�f rer-na�e, o����an'�t❑ any ather par�y the right to remo�e, any �imber, minerals �including
<br /> oi� and gas}, coal, clay, scaria, sail, gra�el or ra�k pr�duc�s wi�hvu��.ender's prior writ�en consen�.
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