2� 17� 1594
<br /> DEED �F TRUST
<br /> Lvan No: 'I��3D3 7 55 �C�ntinued� Page G
<br /> extent permitted by applicable law,
<br /> Addresses. The mailing addresses o# Trustor �d�btorf and Lender �secured party� fram which informativn
<br /> c�ncerning the security interest granted by this Deed af Trust may be obtained �each as r�quired by the lJnifarm
<br /> �ammerc��l Code� are as stated vn the first page of�his Deed vf Trust.
<br /> FURTHER ASSURANCES: ATTflRNEY-IN-FACT. The fallowing pro�isions relating to #urther assurances and
<br /> attorney-in-fact ar� a part of this ❑eed vf Trust:
<br /> Further AssuranGes. At any time, and from time to time, upon request of Lender, Trustor will make, execute and
<br /> deli�er, or will cause tv be made, executed vr deli�er�ed, to Lender ❑r to Lender's designee, and when requested by
<br /> Lender, cause t❑ be filed, re�orded, refiled, or rerecarded, as ihe case may be, at such times and in such offices
<br /> and places as Lender may deem appropriate, any and all such mortgages, de�ds of trust, security deeds, security
<br /> agreements, financing s�at�ments, �ontinuation statements, instruments of further assurance, certificates, and
<br /> ather da�uments as may, in the sole opinion o� Lender, be neGessary or desirabEe in arder to effectuate, c�mplete,
<br /> p�rfect, cantinue, or preser�e �1� Borrower's and Trustor's ❑b�igati�ns under the Note, this Deed of Trust, and
<br /> the Related ❑a�uments, and t�� the liens and se�uri�y interests created by this ❑eed ot Trust as first and priar
<br /> �iens on the Prvperty, wheth�r now owned ❑r hereafter acquired by Trustor. Unless prvhibited by law �r Lender
<br /> agrees to the cantrary in writing, Trustvr shall reimburse Lender f�� a!I costs and expenses in�urred in �onnection
<br /> with the matters referred to in this paragraph.
<br /> Attorney-in-Fact. If Trustar fails to d❑ any of the th�ngs referred ta in the pre��d�ng paragraph, Lende� may do so
<br /> for and in the nam� af TrustQr and at Trustor's expense. For such purposes, Yrustor hereby irreuocably appoin�s
<br /> Lend�r as Trustor's attorney-in-fact for the purpase of making, �xe�uting, deli�ering, fifing, recording, and doing ail
<br /> �ther thFngs as may be necessary or desirable, in Lender's sal� opinion, to accompl�sh the matters referred to in
<br /> the preceding paragraph.
<br /> FULL PERFqRMANCE. If Barrower and Trustor pay all the Indebtedness, in�fuding without limitation all future
<br /> ad�ances, when du�, and Trustor otherwise performs all #he v�ligations imposed upon Trustor under this D�ed of Trust,
<br /> Lender shai� execute and deli�er tv Trustee a request far tuER rec�n�eyance and shall execute and deli�er to Trustar
<br /> suitable statements of terminatian ❑� any financing �tatement vn fiile e�idencing Lender's security interest in th� Ren�s
<br /> and the Personal Praperty. Any reGon�eyance fee required hy law shall be paid by Trust��, if permitted �y appiicabie
<br /> iaw,
<br /> EVENTS �F DEFALILT. Each af the foiiowing, at Lender's option, shall constitute an E�ent of Default under this ❑eed
<br /> ot Trust:
<br /> Payment �efauit. Borrawer�ails to mak� any payment when due und�r the �ndebtedness.
<br /> �ther Defaults. Barrower or Trustor fai�s to comply wi#h ❑r tQ perfarm any �ther term, obligation, covenant or
<br /> �onditian cantained in this Deed �f Trust ❑r in any ❑f the Related �]ocuments or to Gamply with or t� perform any
<br /> term, obligatifln, �a��nant❑� condition cvntained in any ather a�reement b�tween Lender and Borrawer or Trustor.
<br /> Gvmpliance Default. Failure to �omply with any ❑ther term, obligation, �o�enant or �anditEon contained in this
<br /> Deed ❑f Trust, the Not� or in any�f th� Related Documents.
<br /> Default an �#her Payments. Failur� of Trustor within the time required by this ❑eed o�Trust to make any payment
<br /> for taxes ar insurance, or any❑ther payment neGessary t❑ pre�ent fiiing ❑f�r tv effect discharge af any lien.
<br /> Faise 5tatements. Any warranty, r�presentatian ar �tatement made �r furnished to Lender by Borrower ar Trustar
<br /> �r ❑n Svrrower's or Trustvr's behaif under this Deed of Trust or the Related Dacuments is fa�se or misleading in
<br /> any materia� respect, either now or at the time made �r furnished ❑r becomes �alse ❑r misleading at any time
<br /> thereafter.
<br /> Def�cti�e Cvllateraliza#ion. This Deed af Trust or any of the R�lated Documents �eases t❑ be in fuli for�e and
<br /> effect {including fai�ure af any coliateral dv�um�nt to create a �alid and perfecte� security interest or lien� at any
<br /> time and for any reason.
<br /> ❑eath or �nsalven�y. Th� dissolution of Trustor'� tr�ga�dless of wh�thes ele�ti�n to �antinue is made�, any
<br /> member withdraws from the limited liability company, ❑r any ❑ther terminatian o# Borrower's or Trustor's existen�e
<br /> as a going business ❑r the death af any member, the insof�ency ❑t B�rrower ❑r Trustor, th� appaintment of a
<br /> recei�er fflr any part of 6orrower's or Trustor's praperty, any assignment for the benefit ot creditars, any type o�
<br /> creditar warkvut, or the commencement �f any proceeding under any bankrupt�y or insal�ency laws by �r against
<br /> gorrower vr Trustvr.
<br /> �reditor ar Forfe�ture Prace�dings. Commencement af f�rec�osure or �orfeiture proce�dings, wheth�t� by judicia�
<br /> pr�ceeding, self-help, repossessivn or any ❑ther methvd, by any creditor ❑f 8orrower �r Trustor ❑r by any
<br /> go�ernmental agency against any prvperty se�uring the �ndebtedness. This includes a garnishment af any of
<br /> garrawer's or Trustor's ac�ounts, incfuding depasit accaunts, with Lender. Howe�er, this E�ent of Default shall
<br /> not apply if th�re is a good faith dispute hy Borrower ar Trus�ar as to ihe �alidity or reasonableness of the claim
<br /> which is the basis of the creditor vr forfeiture prace�ding and if Borrower ar Trustor gi�es Lender written notice of
<br /> the creditor❑r forfeitur� pra�e�ding and deposits with Lender monies or a surety bond for the creditor ar forfeiture
<br /> proceeding, in an �mount det�rmin�d by Lender, in its sole discretion, as being an adequate reser�e or bond for the
<br /> dispute.
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