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2� 17�2327 DEEC� �F TRUST Laan No: 1�]13�38�1 ��t]rltinued� ��ge � con�erning the security int�rest granted by th+s Deed �f Trus� may be obtasned ��ch as r�quired by the Uniform C�mmercia� Code) are as stated vn the first page of this Deed ❑f Trust. FURTHER ASSURANCES; ATT�RNEY�IN-FACT. The follawing pro�isions �elating ta �urther assurances �nd a'ttarney-in-fact a�e a part�f th�s [Jeed ❑f Trust: Further Assurances. At any time, and fram time to time, upon request of L�nder, Trustor w�ff mak�, execute and deli�er, or will cause tv be mad�, executed ar deii�ered, ta Lender or t� Lender's designee, and wh�n r�quest�d by Lender, �ause to be filed, recarded, refiRed, or rerecorded, as the case may be, at such times and in su�h o�fi�es and pla�es as Lender may d�em apprapriate, �ny a�,d all such mart�ages, deeds af tru�C, ��urity deeds, security agreements, financing stat�m�nts, continuation staternents, instruments ❑f further assurance, certificates, and ather dacuments as may, in the so�e opinion �� Lender, �e ne�es�ary or desira�4e in ard�r ta ef�ectuat�, Gomp�ete, perfe��, continue, or pr�s�r�� y gorrovver's and Trustor's obligations under the Nr�te, this ❑e�d o� 7rust, and the Reiated ❑ocuments, and �2� the liens and securjty interes�s created by this D�ed ❑f Trust as first and prior liens an the Praperty, whether now owned or hereafter ac�ui�ed �y Trustor. Uni�ss prohibit�d by law �r Lender agrees t❑ the contrary in writing, Trustor shall reimburse Lender for ali costs and expenses incurred En c�nnectivn with the matters referred to in this paragraph. Attvrney-in-Fact. �f Trustor fails t❑ da any of the things referred ta in the preceding paragraph, Lender may do s❑ fvr and in the name �f Trustor and at Trustat-'s� expense. For such purp�ses, Trust�r hereby �rr��ocably appoints Lender as Trustvr's attQrney-in-fact far the purpose af making, executing, deliverin�, �ifFng, recarding, and doing ali oth�r things as may be necessary or desira�fe, in Lender's so�e opinion, to accamp�ish th� matters referred to in the precedin� paragraph. FULL PER�C�RMANCE. If Borrower and Trustvr �ay all the Indebtedness, in�luding wi�hout limitatFQn a�f futur� ad�ances, wh�n du�, and Trustor�therwise p�r�vrms all the ❑bligati�n� impased upon Tru�tar under this Deed af Trust, Lender sh�ll exe�u�� and deii�er to Trustee a request for fuli recon��yance and shall exeGute and deli�er �a Trustor suitable ��at�ements of termina�tian ❑f any finan�ing �tat�ment an file e�idenc�ng Lender's secur�ty interest in the Rents and the Personal Property. Any rec�n�eyanGe f�e requEred by law shall be paid b� 7rustor, if pe�mit�ed by applicabie Eaw. EVENTS DF DEFAULT. Each of the following, at Lender's optian, shall constitut� an Event �f Default under this L�eed of Trust: Payment De�ault. BorrQwer fails to make any payment when due under the Ind�bt�dness. �ther ❑efaul#s. gorrower or Trustar fails to camply with or to perfiorm any ❑ther term, Qbligation, co�enan� ❑r candition c�ntained in this C�e�d ❑� Trust ❑r in any af th� Related Documents or to corrtiply with ar to perfarm any term, abligation, co�enant or condition containe� in any other agr��ment hetvveen Lend�r and Barraw�r a��'rustor. Cvmpfiance Default. Failure ta comply wi�h �ny ❑ther term, o�li�ation, �avenant or cand�tion �antained Fn this Deed Qf Trust, the NQte ar in any af the Relat�d Documents. Defauit on�ther Payments. FaiEure of Trustar within the time required by this Deed of Trust to make any payment far taxes or�r�surance, vr any ath�r payment ne�essary to pre�ent filing c�f❑r to effe�t discharge of any lien. False Statements. Any warranty, representation or statement made or furnished t❑ L�nder by Borrow�r ar Trustor or an Barrower's �r Trustor's behaif under this Deed of Tru�t ❑r the Related Documents is fal�e or misleading in any material respEct, either naw ar ar the time made or furnished �r becames false or misfe�ding at an� time thereafter. De��ti�e Cvllat�ralization. This ❑eed of Trust ❑r any of the Related aacumen�� ceases t� be in ful� force and ef�e�t �inGluding failure of �ny collaterai �acumen� to �reate a �alid �nd pe�fected seGurity interest ❑r lieny at any time and �ar any reasan. Death r�r Ins�l�ency. The dissolutian ar terminativn �f Borrower'� or Trustor's existence as a going business, the insol�ency of B�rrvwer ar Trustor, the app�intm�nt �f a recei��r for any part of Barrawer's ❑r Trustor's praperty, any as�ignment far�he benefit of cr�dit�rs, any type of creditor workout, or the commenc�ment❑f any proceeding under any �aankrupt�y or inSol�ency laws by or against Borrower or Trustor. Creditor or Forfeitur� Praceedings. Commencement �f foreclasure ❑r forfeiture praceedings, whether by judiGia� prviceeding, self�hel�, repossessivn ❑r any other method, by any creditor of Borrower or Trustor �r by any go�ernmentaf agenGy against any prop�rty securing the Indebtedness. ThiS includes a garnishm�nt ❑t any af B�rrower's ar Trustar's accaunts, in�Euding depasit accounts, with Lender. Howe�er, thi� E�ent of Qefault shafl not apply if th�re is a gaad f�i�h dispute by Borrawer ar Trustor as to the �alidity or rea�onabl�ness ❑f the claim which i� �he basis of th� cr�diror ❑r torfeiture prQc�eding and if Barrower or Trustor gi�e� Lender wriCten notice af the cr�di�C�r ❑r forfeiture prace�ding and depasits v►�ith Lender moni�s or a surety band �ar �he creditor ar �orfesture praceeding, in an amoun�d�termined by Lend�r, in its sal� discr�tian, as being an ad�quate reser�e ❑r b�nd for the dispute. Breach af�ther Agreemeht. Any breach by Barrower or Trustor under the terms ❑f any other agreement between Borrower or Trustar and Lender that is not remedied within any grace {�eriad pro�ided �herein, in�luding without limitation any agreement con�erning any indebtedness or oth�r obligatifln af Barrawer o� Trustor t❑ Lender, whether existing naw or later.