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2� 17�23��
<br /> aEE� �F T�usT
<br /> ���ntl�lued} Page 4
<br /> the Real Property. Trustor shall reimburse Lender far a!I taxes, as descr��e�l below, toge�ther with af[ expens�s
<br /> �ncurred En recarding, �erfec��n� or �antinuing this Deed af Trus�, inGluding without limitation all taxesr #ees,
<br /> dacumen�ary starnps, and�ther charges for recording or registering this Deed❑f Trust.
<br /> Taxes. The falEowing shalf �onstitute taxes #a which this se�tion applies: �1} a specific tax upc�n �his type ❑f
<br /> aeed af Trust or upon a�� ar any part of the indebtedness secured by this Deed af Trust; t�} a specifi� tax on
<br /> Trustar vvhich Trustar is auth�rized or required to d��luct fr�m payments �n the lndebtedness secured �y�his type
<br /> of De�d of Trust; �3� a tax an this type af Deed af Trust chargeahle a�ainst the Lend�r�r the holder o�the fV�te;
<br /> and {4} a sp�cific tax an a[1 0� any portion ❑f the IndeE�-tedness vr an payments ❑f principal and interest made by
<br /> Trusto r.
<br /> 5uhsequ�nt Taxes. If any tax to wh��h this sectian app�ies is �nac�ed sui�s��uent #o the date o� this Deed of
<br /> Trust, �his eWent sha�l ha�e the same efifiect as an E�ent o� Befault, and L�nder may exercise any �r all �f its
<br /> a�ailab�e rem�dies �ar an Event of aefault as pro�ide� b�low unfess Trustor either {�� pays the tax before i�
<br /> �ec�mes deCinquent, ar {�� c�nt�sts th� tax as provided abaW� in the Taxes and �iens secti�n and dep�sEts wi�th
<br /> Lender Gash�r a sufficient�or.p�ra#e sure�y�and ❑r other s�curity satisfactary to L�nd�r.
<br /> SECURITY A�REEMENT; F[NANCIhI� STATEMENTS. The f�ilawing pravisi�ns refating to this Deed af Trust as a
<br /> s�curity a�reement are a part af this ❑eed of Tru�t:
<br /> Securi#y A�reement. This ins�firument shall const�tute a Security Agreem�nt to �he �xtent any af the Property
<br /> canstitutes fixturesr and Lender shafl haWe all ❑f ths rights of a secur�� �arty under the unifarm Commercial G�de
<br /> as amended fram�ime ta tim�.
<br /> Se�urity lnterest. Up�n request by Lende�, Trustor shall take whatever activn is requested by Lend�r ta perfec�
<br /> and can�inue L�nder's se�urity interest in the R�nts and Personal Proper�y. In addition to re�arding this D�ed af
<br /> Trust in the real prope��y recvrds, L�nder may, a� any time and without furth�r authoriza�ion from Trustor, f�le
<br /> exe�uted count�rparts, copies ar reprvductians ❑� this Deed ❑f Trust as a finanGing statement. Trustor �hall
<br /> reirnburse Lender�or all e�cpenses �ncurred in perfecting �r continuing this security inte�es�, LJpon de�ault� Trustor
<br /> sha11 n�t remaWe, se�e� or de�ach the Persanal Praperty fram the Pr�perty. �pan de�ault, Trustor shal! assembl�
<br /> any P�rsonal Property nv�t affixed t❑ th� Pr�perty in a manner and at a p�ace reasonably canWenient ta Trusfior and
<br /> Lender and mak� it aW�ila�ale ta Lender within thr�� �3} days after receipt of writ�en dsmand #ram Lend�r t❑ the
<br /> �xtent permitted by applicable faw.
<br /> Addresses. The mailing address�s af Trustor �debtar� and Lender (s�cured party� fram which inf�rmati�n
<br /> �on�erning �he security interes� granted by this Deed �f Trust may be obtain�d �each as required by the Unifarm
<br /> Commer�ial �ode} are as s�ated❑n th�first page of this Deed of Trust.
<br /> FLJRTHER ASSURANCES; ATT��NEY-IN-FACT. The fa!l�wing pr�Wisions relating ta �urther assuranGes and
<br /> attarney�in-#act ar� a part❑�this Dsed�f Trus�:
<br /> Further Assuranc�s. At any time, and from time to time, upQn r�quest of Lender, Trustar`rvi�[ make, execute and
<br /> deli�err or will Gause tn he mad�, e�€ecuted or delivered, to Lender ar to Lender`s designee, and when requested by
<br /> Lender, cause to be filed, reGar�ed, refiled, ❑r rerecorded, as th� case may b�, at such times and in such afifi�es
<br /> and places as Lender may deem appropriate, any and all such martgages, de�ds ❑f trust, security deeds, security
<br /> a�reements, financing stat�m�nts, cont�nuation statements, instruments of further assurance, certificates, and
<br /> a�her�aCumen�s as may� in�he so�e ❑pinian af Lender, �e necessary ❑r des�rable in order ta effectuate, complete,
<br /> perfect, cont�nu�, ar preserWe {1} Trustar's a�ligatEons under the Note, this ❑eed of Trust, and �h� Related
<br /> ❑acuments, and t�} the li�ns and securi�y interests created by this De�d ❑�Trust as first and priar liens on �he
<br /> Property, whether now awned �r hereafter ac�uire�# by Trustor. Unless prohihited by law or Len�ier a�rees ta the
<br /> contra�y in wri�ing, Trus�ar shall reimburse L�nder for all c�sts and e�cpenses incurred in cannecti�n with fihe
<br /> ma�ters referred to in this paragraph.
<br /> Attarney-in-Fac�. If Trustar fai�s �o d❑ any af the things r�fsrrgd to in th� precedin� paragraph, L�nder may d❑ so
<br /> f�� and in th� name �f Trust�r and at Trustor's expense. For such purposes, Trustor hereby irrev�cab�y appoints
<br /> Lender as Trustar's atto�ney-in-�ac�far the purpose vf making, e�€ecuting, d�liWering, filing, re�arding, and daing al!
<br /> �ther things as may be ne�essary ❑r desirable, in Lender's sale apinian, ta accomplish fihe matters referred to in
<br /> the prece�ing paragraph.
<br /> FULL PERF�Fi1111ANGE. !f Trustar pays a!I the fndeb�edness, including �rvith�ut limitation al! #u�ure ad�ances, when due,
<br /> and ��I'1�CWE5� perfarms all the ok�liga�i�ns impased upon Trustor und�r �his Deed af Trust, Lender shalf �xecute and
<br /> deliver to Trustee a request #vr full recanveyance and shal� exe�ute and deliWer t� Trustar suitable statements �f
<br /> terminatian of any f'tnancing s�atement fln f�le eWiden�ing Lend�r's security interest in the Rents and the Persona�
<br /> Praperty. Any recanveyance fee required by law shall b� paid by Trustor, if�ermitted by applicable law.
<br /> EVENTS �F DEFAULT. Each o�the ��[lowing, at Lender's option, shall constitute an Ev�nt a�f Default under this D�ed
<br /> of Trust:
<br /> Payment D�fault. Trustar fails to make any payment when due under the Ind��tedness.
<br /> O�her L]�faults. Trus�or fails -�a comply with or to per�Farm any other #�rm, obliga�i�n, covenant ar �onditian
<br /> contained in this Deed af Trus# or in any of �he Related Bo�um�nts �r to comply with a�r to perform any term,
<br /> a�liga�ian, cg�enant❑r�anditian contained �n any�ther agreement betwe�n Lender an�Trustar.
<br /> Compliance a�fault. Fa�lure ta �amply irvith any �ther term, abli�ation, �ovenan� �r �anditivn cantained in �his
<br /> ❑e�d of Trust,th� Note ar in any of the R�fated Docum�nts.
<br /> D�fault❑n �ther P�yments. Faifure of T�ustor wi�hin the tirne required by this [�eed of Trust t� make any payment
<br /> _for taxes or insuran�e, vr any other paym�nt ne�essary�a pre��nt filing of or to effect discharge of any lien.
<br /> Defaul� in Fa�or of Third Parties. Shoul� Grantar defaul� under any loan, extensi�n af credit, se�urity agreement,
<br /> purchase or saf�s agreement, or any other agreement, in fa�ar❑f any other cred�tor or person that may mater�ally
<br /> affe�t any of Grantor's pr�perty or Grantor's abi�ity to repay the Indebt�dn�ss or G�an�Qr"s ability ta �erform
<br /> Grantar'�obligations under this Deed o�Trust or any o�the Related Docum�nts.
<br /> False �tat�ments. Any warrantyr represenfat�on or statemen� made ar furnished to Lender by Trustor �r on
<br /> Trustar's t�eha�f under this aeed of Trust or the Relat�� ❑a�uments is '�alse or mis�eading in any material respeGt,
<br /> �i�h�r now nr at the tim� made or furnished or becomes false or misleading at any time thereaffier.
<br /> Defectiv� Cv�later��i�atEon. This Deed ❑fi Trust ar any af the R�lated ❑�cuments ceases t❑ be in full f��ce and
<br /> eff�c# �including �ailure �f any c�llatera� document ta creat� a valid and perfe�ted se�urity interes� or ii�n} at any
<br /> �ime and far any reason.
<br /> D�ath ar lns�lvency, The diss�lution flr t�rmina�ian af Trus�ar's existsnce as a going business c�r�.��:�,� � ��,�,��
<br /> �, the insolWency a�Trust�r, the appaintment�f a r�ceiv�r for any part of Trustor`s property, any assignment
<br /> f�r the benef�t �f �redi�ors, any type of creditor warkout, ar the cammencement of any pr�ceeding under any
<br /> bankrup#cy ar insal�en�y laws by❑r against Tru�t�r.
<br /> �reditar or Forfeiture Proce��lings. Commencement �f fvre�losurs or for�eiture pra�eedings, wh�th�r by judicial
<br /> praceeding, self�heip, repossession ❑r any o�her methvd, by any �redit�r�f Trus'tor ar hy any �overnmenta! agen�y
<br /> against any property securing the Indehtedness. This includes a garnishmen� ❑f any af Trus�or's accounts,
<br /> �.
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