201701553 - Laserfiche WebLink

Browse

2� 17� 1553 C�EE� �F T'F��T Loan Nv: 'I�'[3�3�� v�ti�lu�:d� Page 6 Addresses, The mailing address�s o� Trustar (deb�or} and Lender �secured par�yy from which �nfarma�ian concerning the seeur��y interest gran�ed by this Deed of Trus� may be ❑bta�ned {ea�h as required hy the Uniform �omrnercial Code� �re as stated an the firs�page of�his ❑eed ❑�Trust. FURTHER ASSURANGES; ATT�RIVEYw11V-FACT. The fa�lowing pr��isi�ns relat�ng to �urther assurances and at�o�ney-in-fact are a par�of this De�d �f Trus'�: Furthe�r Assurances. A�t any time, and �rvm �ime ta time, upon r�quest of Lender� Trus�kor wi[I make, exe�ute and. deli�ver, ❑r vv�� cause tv be madet executed or deli�ered, �a Lender ar�❑ Lender's designee, and when requested by Lender, cause �a be �iled, r�Gorded, refiled, ❑r rerecorded, as the case may be, at such �imes and in such vf�ices and plac�s as Lender may deem appropria�e, any and all su�h martgages, deeds a� trust, security deeds, security agreements, �inan�ing sta�err�en�s, cc�ntinua�ian s�a�ernen�ts, instrumen�ts of furth�r assuran�e, certificates, and ��her documents as ma�, in �he so�e opinion +a�Lender, be necessary ❑r desirah�e in vrd�r�� effectuate; complete, perfect, �ontinue, or preser�e �� Borrow�r's and Trus�or's ❑bligatians under the Nvte, �his ❑eed of Trus�, and fihe Related Dacuments, and {2� the I`rens and security �nterests created by this Deed a� Trus� on the Property, wh�ther now a�rvned or her�af�er acqu��red by Trustor. Unless prohibi�ed by law or Lender a�rees to the �on�rary in wri�in�, Trustor sha11 reimburse L�nder�ar a(� �os�s and expenses incurred in cannec�ion with the matters �eferred �o in this paragraph. At�vrney-in�Fa��. �f Trustar �fa�ls tv do any a�the �hings referr�d �a in the pre�eding pa�agraph; Lender may do so for and in �h� name ❑f Trustor an� a�Trustt�r's expens�. Far such purp�ses, Trus�or hereby �rre�ocably appvints L�nder as Trustc�r's at��rn�y-in-fact for the purpvse ❑f making, exeGu�ing, deli�ering, filing, r�cardingr and doing all o�her things as may be necessary or desira�le, in Lender's sole opinion, �a accomp[ish rhe matters referred to in th� precedin� paragraph. FULL PERF�R11fIANCE. i� Barrower �nd Trustvr pay all �he Indebtedness when du�, and Trustor o�herwi�e perfarms all �he abiiga�ions impased upon TrusxQr under this Deed ❑�Trust, Lender sha�i execu�e and d�li�e�ta Trustee a reques�far full reconUeyance and shall execu�e and deli�er��Trustor sui�abi� s�a�emen�s of termination o�any�inan�ing statement ❑n fife e�riden�ing Lende�`s �ecuri�y int�rest in the Ren�s and the Persona� PrQperty. Any reconveyance fee required by law sha�� be paid by Trus�ar, if perm�tted by appiicable law. EVENTS {]F ❑EFAULT. Ea�h a��h� fo��owing, a� Lender's op�ion, sha(l �onsti�ute an E�ent af Default under this Deed of Tr�s�. Payment Defaul�. B�rrawer�ails�o make any payment when due under the lnd�btedness. 4ther De�aults. Bflrrawer or Trus�ar fai�s t� �ampfy with or �o perfarm any o�her term, ab[igation, cv�enant or condition conta�ned in this De�d ��Trust or in any o��he Rela�ed ❑c��umen�s �r ta comp[y with ar �a per�orm any term, abligatian, ca�er�an�ar condition c�ntained in any other agreement�etween Lender and Borrower or Trus�or. Cvmp[iance De#ault� Failure �o c�mply with any flther �erm, ohliga�io�n, co�enant or canditivn con�ained in �hi5 Deed o�Trus�t, the Note �r in any vf�h� Rela�ed D�Gurnents. Defau[t❑n �ther Payments. F�ilure v�Trus�or within �he tim� requir�d by this Deed vf Trust�o make any payment far taxe� ar insuranGe, vr any other payment necessary�a preven�filing af or t❑ eff��t discharge af any iien. False 5ta#ements. Any warran�y, representa�ivn ar s�atement made �r�urnished ta L�nd�r by Bv�rower or Trustor �r an Borrower`s ar Trustor's behalf under this Deed o�Trus� ar �he Rela�ed Documen�s is �alse vr misleading in any mat�ria� respect, ei�her naw vr at the time made v� �urnished or �ecnmes �alse or misleading at any �ime �therea�er. Defective Collafieraiiza�ian. T�is Deed afi Trus� vr any o� the Related Documen�s ceases ta be in full farce and ef�ect �in�luding �ail�re af any callateral d�cument �v creat� a �alid and perfected securi�y interes�t �r lien7 at any time and for any reasan. Death o�r lnsfll�ency, The dissalution or terminatian v� Barrower's ar Trusta�'s existence as a gc��ng husiness, the inso��ency vf Barrower ar Trust�r, th� appain�ment v� a recei�er far any par� o�F Borrawer's ❑r Trustar`s prap�r�y, any assignmen��or the bene�i�o�credi�ors, any type o��redi�or workout, ar the cammencement of any pr�ceeding under any bankrup�cy❑r insol�ency la�rvs by vr agains� Borrqwer vr Trus�ar. Creditvr or Farfeiture Prviceec�ings. Commen�ement a� fareclosure ar �orfeiture proceedings, whether by judicial proceeding, ��[�-help, r�passes�ion vr any ❑ther methvd, by any credi�ar of Barrawer ❑r Trust�r or by any go�ernmen�al agen�y agair�s� any pr�pe�ty securing �he lndehtedn�ss. Th�s includes a garnishment �f any a� Borrower's or Trustar`s a��unts, including deposit accounts, with Lender. Howe�er, this E�en� of D��ault sha�� na� app�y i�there is a gaod fai�th dispute by Barrow�r ar Trus��r as to the valid��y or reasonabl�ness af th� claim which is th� basis af�he �redito� vr for�eiture proce�ding and i� Bvrrawer or Trus�vr�i�es Lender writt�n natice �f �h� creditar or for�ei�ure prviceeding and de�vsi�,s with L�nder m�nies ❑r a surety band �or the �reditar ar�vr�eiture proceeding, in an amoun�de�ermined �y Lender, in its sale discretivn, as being an adequate reser�e or bond �or�he dispu�e. �reach vf C3�ther Agreement. Any �reach by Barrower c�r Trustar under�he terms of any oth�r agreement between Borrawer or� Trustor and Lend�r �hat is not remedied wifihin any grace pe��od prt��ided th�rein, inciuding with�u�. limita�ian any a�reemen� concerning any indeb�edness ❑r ather ❑bligati�n a� Bvrrawer ar Trus�or �o Lender, wh�th�r existin� nvw or later.