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2� 17�2�9� DEED �F TRUST Laan No: '��34383� �C�ntinued� Page � contain�d in this De�d of Trust or in any vf the R�lat�d Documents or ta comply with ar ta perform any term, obliga�ion, ca�enant vr condition contained in any othe�agreement betw�en Lender and Trustar, Compliance Default. Fai�ure to comply with any ather term, ab�igation, co�enant �r canditinn contained in this Deed vf Trust, the Note or in any❑f the Rela'ted Documents. Defaul#Qn D#her Paymen#s. Failure of Trustar within the time required by this Deed vf Trust t❑ make any payment for#axes ar insurance, or any other payment necessary to pr��ent filing of or#a effect discharge of any li�n. Fa�se Sta#ements. Any warranty, representation or sta�ement made or furnished t❑ Lender by Trustor or ❑n Trustor`s behalf under this ❑eed �f Trust vr the Related �ocuments is false or misleading in any material resp�ct, either nvw or at the time made ❑r furnished vr becames false �r misleading at any time ther�after. Defecti�e Collateralizati�n. This C�eed vf Trust ar any �f the Related ❑a�uments ceases to be in full farce and effect �inGluding failure of any collat�ral dacument to create a �alid and perfected security interest or li�n� at any time and for any reas�n. L7eath ar lnsvi►►ency. The death vf Trustvr, the insol�ency of Trust��, the appointment of a rscei�er for any part of Trustvr's praperty, any assignment for the b�netit of creditors, any type of creditor workout, or the cvmmencement of any pra�eeding under any �ankruptcy❑r insal��ncy laws by or against Trustvr. Creditor ar Forfeiture Proceedings. Commencement of f�recfasure ar fvrf�iture prviceedings, whether by judiciai proceeding, seif-help, repossession or any other method, by any creditor af Trustv�or by any go�ernmen�al agency against any prvperty securing the Indebtedness. This inc�udes a garnishment af any �f Trustor's accounts, in�iuding deposit a�counts, with Lender. Howe�er, this E�ent ❑f Default shall not apply if there is a good #aith dispute by Trustor as to th� �alidity ar reas�nabieness of the c�aim which is the basis of the credFtor ❑r forfeiture proceeding and if Trustor gi�es Lender written notice of the crsditor ar f�rfeiture proceeding and dep�sits with Lender manies ar a sure�y bond for the credit�r or forfeiture praceeding, in an amount det�rmined by Lender, in its sole discre#ivn, as b�ing an adequate reser�e �r hond �ar the dispute. Breach ❑f�ther Agreement. Any breach hy Trustor under th� terms of any ather agreement between Trustor and Lender that is not remedied within any gra�e periad pro�ided therein, including without limitation any agreement concerning any indebtedness ar other�bligatian of Trustor ta Lender, whether existing n�w or later. E►►ents Affec#ing Guarantor. Any ❑f the preceding e��nts vccurs with respect to any guarantor, endors�r, surety, ar accvmmodation party nf any vf the Indebtedn�ss ❑r any guarantor, endarser, sure�y, or accvmmodation party dies or becames incflmpetent, or re�okes or disput�s the �alidity �#, or liabiiity under, any Guaranty vf the I ndebt�d ness. Ad�erse Change. A material ad�erse �hange occurs in Trustor's financiai conditian, or Lender belie�es the prospect of paym�nt ar perf�rmance af the Indebtedness is impaired. Inse�urity. Lender in g�od faith belie�es itself insecure. Right#o Cure. if any defautt, vther than a d�fau�t in payment, is curable and if Trustor has nat been gi�en a notice of a breach vf the same pro�isivn of this Deed ❑f Trust within the preceding twel�e �1�} months, �t may be cured if Trustor, a�ter Lender sends writt�n notice ta Trustor demanding Gure af such default: {7� cures the d�fiault within fifteen �15y days; ar {2} if th� cure requ��es mare than fifteen �1 5y days, immediately initiates steps which Lender deems in Lender's svle discretian tv be sufficient tv cure the default and thereaft�r continues and �omplet�s all reasonable and ne�essary steps sufficient to produce compliance as svon as reasonably practical. RI�HTS AND REMEDIES 4N DEFAULT. �f an E�ent ❑f aefautt occurs under this Deed of Trust, at any time thereatter, Trustee nr Lender may exercise any one or mare of the follawing rights and remedies: Accel�ra#ion Upon Default; Additional Rem�dies. It any E�ent of Default oc�urs as per the terms nt the N�te secured hereby, Lender may declare all Indehtedness secured by this ❑eed of Trust t� be due and payable and the same shall thereupan become due and payable without any presentment, demand, protest❑r notice of any kind. Thereafter, Lender may: �ay Eith�r in person ❑r by agent, with ar without bringing any action ar proceeding, or by a recei�er appointed hy a court and withflut regard to the adequa�y of its security, enter up�n and take possession of the Property, ❑r any part therevf, in its own name or in the nam� of Trustee, and d� any acts which it de�ms nec�ssary or desirable to preser�e the �alue, marketability ar rentabiiity ❑f#he Property, or part af the Prvperty or in�er�st �n th� Prvperty; increase the income �rvm the Property or pra�ect the security of the Property; and, w�th or withvut taking possession af the Praperty, sue for or ❑therwise coitect the r�nts, issues and prafits of the Prnperty, including thnse past due and unpaid, and apply the same, fess cvsts and expenses ❑f aperat�on and collection attvrneys' �ees, to any indehtedness s�cured by this Deed ❑� Trust, all in such order as Lender may determine. The entering upon and taking possession of the Prnperty, the �oliection of such r�nts, issues and p�vfits, and the application thereof sha�l not cure or wai�e any default ❑r notice o� defaul� under this Deed of Trust or in�alidat� any a�t done in response ta such defauit nr pursuant to such n�tice of defauit; and, n�tw�thstanding the continuance in pvss�ssian of the Property vr the �olle�tian, receipt and app�ication ❑f rents, issues or prafits, Trustee ar Ler�der shall be entit�ed to exercise e�ery right pr��ided ��r in the Note ar the Related ❑ocuments or by law upon the occur�ence of any e�ent of defau�t, including the right to exercise the power vf sale;