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2� 17� 1841 aEED C]F TRUST Lvan Nv: ��'I 30'i�79 ��ontinued� Page 5 SECUR�TY AGREEMENT; FINANCiNG STATEMENTS. The fallowing provisians relating ta this 1]eed a� Trust as a securi�y agreement are a part of this Deed of Trust: SeGuri#y Agreement, This instrument sha!! constEtute a Securi�ty Agreemenr �a �he extent any of the Property cons�itufies fix�ures, and Lender shall have ali ot the righ�s ❑f a secured party under th� Uni�orm �ammer�ial Code as amended from t�me to time. Security �nterest. Upan reques� by Lender, Trustor shalI �ake whate�er activn is reques�ed by Lender ta per�ect and continue Lender`s security interest in the Rents and Personal Property. In addi��on tv recording this Deed vf Trust in the real proper�y records. Lender may, at any time and w�thvut further authvriza�tivn �rom Trustar, file executed �oun�erpar-ts, copies ar reproductiflns af this Deed o� Trust as a �inan�ing statement. Trustor sha�i reimburse Lender�o� a!I expenses incurred in pe��ecting or�ontEnuing th�s security interest. Upon default, Trustor shai� not remove, se�er or detach the Persona! Praperty frvm the Property. �pvn default, Trustvr shaf! assemble any Persanal Property nvt a�ffixed to the Property in a manner and a�a place reasonabiy cvn�enien�to Trus�or and Lender and make it a�ailable t❑ Lender within three {3} days after receipt of written demand -�rom Lender to the extent permitted by app�icable Iaw. Addresses. The mailing addresses of Trustvr �debtvr} and Lender �se�ured party} from whEch in�orma�ion con�erning the security interes� granted by this Deed o�Trust may be obta�ned teach as requir�d by the UnE�orm Cammercial Code} are as stated on the�irst page of this Deed af Trust. FURTHER ASSURANCES; ATT�RNEY-IN-FACT. The �allowing prv�isians reIating to further assurances and at�arney-En-fac�are a par�of this ❑eed ofi Trus�: Further Assuran�es. A# any�#ime, and from time #a time. upon requ�st o� Lender, Trustor w�!! make. exe�ute and deliverr or will cause to be made, executed ❑r de�i�ered,t❑ Lender or tv Lender's designee� and when reques�ed by Lender, cause �� be �iied, recarded. refiled, or re�ecarded, as the case may he, a� such times and in such affices and places as Lende�r may deem apprapriate, any and a�� such mortgages� deeds of trust� security deeds� se�urity agreements, financing sta�emen�s, continuativn statements, inst�uments o� further assuranc�, �ertEficates, and ather dvcumen�s as may, in the so�e vpinion of Lender, be necessary flr desirable in order to efFectuafie. complete� perfec�, continue, or preser�e t'i} Trustor's ❑bligations under the Note, this Deed of Trust, and the Reiated Documen�s, and {2} the liens and securi�y interests creafied by this Deed o�Trust on the Prop�r�y, whether now owned ❑r hereafter acquired by Trustor. Unless prahibited by law vr Lender agrees to the con�rary in writing, Trustor shall reimburse Lender�ar ai�cvsts and expenses incurred in connec�ian with the matters �e�erred tv in this paragraph. At�vrney�in-Fac�. ��Trus�or faifs to do any of the things re#erred tv in �he prec�ding paragraphr Lender may do s❑ for and in the name o�Trustar and at Trustor's expense. Far such purpases, Trustor hereby irre�ocabjy appoints Lender as Trustvr's attorney-in�fact for the purpose ❑�F inaking, executing, deii�e�ing, fiiing, �ecording, and dving a�� other things as may be necessary vr desirable, in Lender's so�e opin�onr ta a��ampiish �he matters referred to in the precedEng paragraph. FULL PERF�RMANCE. f�Trustor pays a!1 the �ndeb�edness, �nc�uding without I�mita�ion all �utu�re ad�ances� when due. and atherwise perfo�ms a!! the ❑bligati�ns impased upon Trustvr under �his �]�ed v� Trust, Lender shail execute and deli�er �a Trustee a r�quest for ful� re�onveyan�e and shal� execute and deli�er to Trus�or suitab�� sfiatements ❑f termination of any �Financing statement on �ile ev�dencing Lender's security in�erest in the Ren�s and fih� Personal Property. Any recan��yance fee required �y law shall he paid by Trustor, �t permitted by app[Ecable iaw. EVENTS �F DEFAULT. Each af xhe foifow�ng, at Lender's op�tian, shai[ cansfiitute an E�ent of Default under�his D�ed of Trust: Payment Defauit. Trustor fa�ls�v make any payment when due under the �ndebtedness. �ther Defaults. Trus�or fails to compiy with or ta per�a�rm any ather term, obEigatian, co�enant or cand�tian cvn�ained �n �his Deed o� Trust or in any ❑f the Related Dv�uments or ta comply with or t� per#vrm any term, obl�ga�tionr c��enant or conditinn contained in any❑ther agreement b�tween Lender and Trustor. Campliance Defau�t. Failure to comply with any o�ther term, obliga#ian, covenant ❑r condi�ion con�ained in this Deed of Trust,the Na�e or in any a�the Related Documents. Default on D�her Payments. Failur�of Trustor within the time required by�h�s I�eed af Trust to make any payment fvr taxes or insurance, or any other paymen�necessary ta pre�ent�iiing of vr ta effec�discharge o�any lien. Faise 5#atements, Any warranty. represen�ation vr statement made o� �urnished �o Lender by Trustor ar an Trustar's behaif under this Deed vf Trust or#he Rela�ed avcumenfis is faIse ar mis�eading in any ma#eriaf respect. either nvw or a�the time made ar fu�nished or becames fa�se or mis�eading at any time fiherea�ter. Defectf�e Gvllateratiza#ivn. Th�s Deed of Trust �r any ❑f the ReEated �acuments ceases to be in full force and effec� �including �ailure af any colla�era[ documen� �o create a �aiid and perfected se�urEty interes� or lien} at any time and far any reason. Death ar[nsol�ency, The death afi Trus�or,th�insoi��ncy vf Trusto�r,the appointment❑�a receiver#or any part❑f Trustor`s pr�perty, any assignment �Fo� the benefit o� credito�s, any type of creditvr workout, vr the cammencemen�of any proceeding und�r any bankruptcy❑r insa[�ency laws by❑r against Trustvr.