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201704548 DEED OF TRUST Loan No: 8101092-5 (Continued) Page 4 IMPOSITION OF TAXES. FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relafing to governmental -taxes, fees and charges are a part of this Deed of Trust: Current Taxes, Fees and Chairges. UpQn request by Lender, Trustor shall execute such docurnents in addition to this Deed of Trust and take whatever other action is requested by Lender to perfeGt and continue Lender's lien on the, Real Property. Trustor sh-all reirnburse Lender for all taxes, as desefibed belaw, together with all expenses Incurred in rec;ording, perfectIng or continuing this Deed of Trust, including without limitation all taxes, fees, documentary stamps, and other charges for recording or registering this Deed of Trust. Taxes� The fallovving shall constitute taxes to which this section applies: (1) a.specific tax upon this type of Deed of Trust or upon all or any part of the Indebtedness secured by this Deed of Trust- (2) a specific tax on Borrower which Borrower is authorized or requIred to deduct from payments on the Indebtedness secured by this type of Deed of Trust; (3) a tax on this type of Deed of Trust chargeable against the Lender OT the holder of the Note; and (4) a speGific tax an all or any portion of the Indebtedness or on payments of principal and interesi made by Borrower. Subsequent Taxes. If any tax to which this secfLon applies is enacted subsequent to the date of this Deed of Trust, this event shall have the same effect as an Event of Default, and Lender may exercise any or all of its available remedies for an Event of Default as provided below unless Trustor either (1) pays the tax before it becornes delinquent, or (2) rontests the tax as provided above in the Taxes and Liens section and deposits with Lender cash or a sufficient corporate surety bond or other security satisfartory to Lender. SECU RITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a seoul'ity agreement are a part of this Deed of Trust: Ser,urity Agreement. This instrument shall cc)nsfitute a Security Agreement to the extent any of the Property consfitutes fixtures, and Lender shall have all of the r7ghts of a secured party under, the Uniform CGMrnercial Code as amended from time to time. Security Interest. Upon requesT by Lender, Trustor shall take whatever action is requested by Lender to perfect and continue Lender's security interest in the Rents and Personal Property. [n addWon to recording this Deed of Trust in the real property records, Lender may, at any tirne and without further authorization from TTustor, file executed counterparts, copies or reproductions of this Deed of Trust as a financing statement. Trustor shall reirnburse Lender for all expenses incurred in perfecting or conlinuing this seciii-ity interest. LJpon default, Truster shall not remove, seveir or detach the Personal Property from the Property. Upon default, Trustor shall assemble any Personal Property not affixed to the Property in a manner and -at a place reasonably convenient to Trustor and Lender and make it available to Lender within three (3) clays after receipt of written demand from LendeT to the extent permitted by applicable law. Addresses. The maliling address�es of Trustor (debtor) and Lender (secured party� from which information I concern[ng the security interest granted by this Deed of Trust rray be- abiained (each as required by the Uniform Commercial Code) are as stated on the first page of this Deed of TTUSt. FURTHER ASSURANCE$; ATTORNEY -111 -FACT. The following provisions relating to further assurances and atto rney-i n -f a u a re a part of th i s D e e d of Tr u st: Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and deliver, or- will cause to be made, executed or delivered, to Liander or lo Lender"s designee, and wher requested by Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices and places as Lender may deem appropriate, any and all such martgages, deeds of trust, security deeds, security agreements, financing statements., continuation statemerits, instruments of further assurance, cei-tiftates, and otheT documerits as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete., perfect, continue, or preserve (1) Borrower's and Trustor FS obligations under the Note, this Deed of Trust, and the Related Doruments, and (2) the liens and security inteTeStS created by this Deed of Trust as first and prlicr lieris on the Property, vvhether now owned or hereafter acquired by Trustor. Unless prohibited by [aw or Lender agrees to the contrary in writing, Trustor shall reimburse Lender for all costs and expenses incurred in connection with the matters referred to in this paragraph. Attorney -in -Fact. If Trustor fail -s to do any of the things referred to in the pTecedirig paragraph, Lender may do so for and in the name of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all other things as r -nay be necessary or desirable, in Lender's sole opinion, tc) accomplish the M;atteTS referred to in the preceding paragraph. FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness, including without limitation all future advances, when due, and Trustor otherwise performs all the obligations imposed upon Truslor under thr:s Deed of Trust, Lender shall execute and deliver to Trustee a request for full reconveyance and shall execute and deliver tG Trustor suitable staternerts of termination of any financing statement on fiJe evidencing Lender I s security interest in the Rents and the Personal Property. Any recoriveyance fee requIred by law sh-all be paid by Trustor, if permitted by applicable law. EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Default under this Deed of Trust: Payment Defauft. Borrower fails to make any payment when due under the Indebtedness. Other Defaults. Borrower or Trustor faills to comply with or to perform any other term, obligation, covenant or r,ondition contained in this Deed of Trust or in any of the Related Doruments or tc) comply with or to per -form any term, oblioation, covenant or condition contained Tn any other agreement between Lender and Borrower or Tru:stor. Compliance Default. Failure to comply with any other term, obligation, covenarit or c;ondition contained in this Deed of Trust, the Note or in any of the Related DOGurnents. Default on Otheir Payments. Failure, of Trustor within the time required by this Deed of Trust to make any payment for Taxes or Insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien. Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreernerit, purchase or sales agreement, or any other agreernent, in favor of any other creditor or person that r -nay materially affect any of Borrower's or any Grantor's property or Borrower's ability to repay the Indebtedness or Borrower'.s or Grantor's abil'ity to perform their respective obligations under this Deed of Tru-st or any of the Related Documents. False Statements. Any warranty, represe-ritation or, statement made or furn[shed to Lender by Borrower, or Trustor or on Borrower's or Trustor"s behalf under this Deed of Trust or the Related Documents is false or misleading in. any material respect, either now or at the tirne made or furnished or becomes false or misleading at arty tirne thereafter. Defective Collateralization. This Deed of Trust or any of the Related Documents ceases to be in full force and effect (including failure of any C011atL-Tal document to create a valid and perfected security interest or lien) at any I tirne and for any reason.