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2� 17� 184� vEEa oF TRusT Loan No: ��'I 3�"I�79 �Cont�nued} Page � and places as Lender may deem appropriate, any and aIl such martgages, deeds of�rust, security deeds, security agreem�nts, financing s#atemen�s, cvn�inuation s�a�emen�s, instruments o� furth�r assurance, certi�icates, and ather dacum�nts as may, in the sv[e ❑pinion o�Lender, be necessary ar desirable in arder to effectuate, c�mplete, per�ect, cont�nue, or preser�e t'I} Trusto�'s vbligatiQns under the Note, this CJeed ❑f Trust, and the Refated Documents, and �2f the �iens and security Enteresfis created by this Deed ��Trust as first and prior i�ens on the Prvperty, whether n�w owned or her�after acquired by Trustvr. �n�ess prohibited hy law ❑r Lender agrees to #he �an�rary in writing, Trustor shali r�imhurse Lender �or afl casts and expenses incurred in GonnectEon with the ma��ers referred tv in this paragraph. Attorney-in-Fac#. If T�usto��ails to dv any ofi�he things referred tv in the preceding paragraph, Lender may do so fvr and En �the name of Trust�r and at Trus�vr's expens�. For such purpvses, Trus�vr hereby i�re�ocab[y appoints Lender as Trustor's attarney-in-�act for the purpvse ❑f making, executing� deli�ering. filing, recvrding� and doing ali ather �hings as may be necessary or desirabie, in Lender's so�e vpininn, ta accompiish �he matters referred �o in �he preceding paragraph. FULL PERF�RMANGE. I�Trus�or pays a�E the fndeb�edness. including without fEmitatian a[� #uture ad�ances, when due. and atherwEse performs afi the obliga��ons impvsed upon Trusfvr under thEs ❑eed o� Trus�, Lender sha�� execute and deli�er to Trustee a r�ques� �or fui� recan�eyance and shall execute and deliver to Trustor suEtable statements of term�na�ion vf any f�nancing statement vn #ile e�idencing Lender`s securi�y interes� �n the Rents and the Personal Property. Any reconveyance�ee required �y�aw sha[� be paid by Trus�or, if permitted by appiEcab�e Eaw. EVENTS 4F DEFAULT. Each o�the f�l�owing� at Lender's ap#Evn� shal! consfiifiute an E�ent o� �efault under�his Deed vf Trust: Payment Defauit. Trustor faiis to make any payment when due under the indebtedness. �#her De#au�ts. Trustor fa�ls �o comp�y with a� �o per�arm any ��her term. oh�iga�ion, ca��nant ❑r condi�ion contain�d En this D�sd ❑f Trust vr in any ❑� the Re�ated Documents ❑r ta comp�y with ❑� to perfvrm any term, ohligati�n, c�venant or cvndi��on contained in any o�her ag�eemen�between Lender and Trust�r. Compliance Defaul�. Faiiure to comply with any othe� term, obligation. cn�enant or condi�ion con�ained in �his Deed❑f Trust,�he Note❑r�n any o�the Rela�ed ❑�cumen�s. Default vn��her Payments. Failure❑f Trus�ar within the time required by�his Deed a�Trust to make any paymen� �or taxes ar insurance� or any other payment necessary to pre�ent fi�ing of or to e#�ect discharge o�any lien. False Statemen#s. Any warran�y, representatton or statement made or furn�shed ta Lender by Trustor or on Trus��r's behaE� under�h�s ❑eed of Trus� or the ReEated Documents �s false or misleading in any materia� resp�ct, ei�her n�w❑r at the time made vr furnished ar becomes fa�se vr misieading a�any time thereafter. Defecti�e CoI�ateralization. This Deed of Trust or any af the Rela�ed Documents ceases to be in #u11 force and effect {Encluding faE[ure o� any �oflat�ral document to create a �afid and perfe�ted security interest ar Iien} a� any �ime and�or any reasvn. Death or�nsvlvency. The deafih of Trus�or,the insof�en�y o�Trustvr. the app�intment af a recei�er�or any part o� Trus�or`s proper�y, any assignmen� for �he �enefit of creditors� any �ype of creditor warkou�, or fihe cvmmencemen�of any pr�ce�ding under any bankrup�cy ar insol�ency[aws by vr agains�T�us�or. �red�#or or Forfeitu�e Proceedings. �ommencement ❑f fore�iosure ar forfeEture proceed�ngs, whether by judic�a� prvice�ding, seif-heip� repossession vr any other method, by any cr�di�or of Trustor or by any go�ernmental agency against any proper�y securing �he �ndebtedness. This inciudes a garnishment a# any of Trus�or's accoun�s, including deposit accoun#s, with L�nder. Hawe�er, this E�en� of ❑etault shall no� apply if �here is a gvod �aith dispu�e by Trustvr as to the vaf�dity or �easonabieness vf#he c�aEm whi�h is th� basis o�the creditor �r�or#eiture praceeding and i� Trus�or gives L�nder written natEce of the creditvr or forfeiture proceeding and deposEts with Lender manies ar a surety bond fa��he creditor or�orfeiture pra�eeding, in an amount determined by Lender. in its sole discretian, as being an adequa�e reserve nr band far the dispufie. Brea�h of��her Agreement. Any hr�ach by Trustor und�r the terms of any vther agreement hetween Trustor and Lender that is nfl� remedied within any grace peri�d pro�ided �herein, Encluding without limitation any agreement concerning any indebtedness ar o�her ab[Egatian af Trustar�a Lender, wh��her existing nvw❑r iater. E�ents A�ffe�fiing Guarantor. Any of the preceding s��nts occurs w��h respect�a any guarantor� endarser� surety, or accammodatEan party o�F any vf fihe lndehtedness or any guarantor, endorser, surety, or accommadat�on par'ty dies or h�cames incvmpeten#, or re�okes nr dispufies the �a�idity vf, ar EEabi�ity unde�, any �uaran�y at the lndebtedness. Advgrse Change. A materia! ad�erse change vccurs in Trustar's tinan��a1 cvnditEon, �r Lender belie�es �he prospect v�payment❑r perfo�manc�of�he �ndebtedness is impaired. Insecurity. Lender in gaad�aith belie�es its�l�insecure. Existing Indeh#edness. The payment of any ins�allment ot principa� ❑r any int�rest on the Existing lndebtedness is nvt made wi�h�n the time required by the prvmissory note e�iden�ing su�h indebt�dness, ❑�-a defau[t occurs under the instrument securing such indebtedn�ss and is nvt cured during any applica��e grace per�vd in such instrument, vr any suit o�❑ther action�s commenced ta foreclose any exis�Eng EEen❑n the Property.