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Loan No: Eldred224 <br />DEED OF TRUST <br />'Continued) <br />202205427 <br />Page 5 <br />Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the date of this Deed of Trust, <br />this event shall have the same effect as an Event of Default, and Lender may exercise any or all of its available <br />remedies for an Event of Default as provided below unless Grantor either (1) pays the tax before it becomes <br />delinquent, or (2) contests the tax as provided above in the Taxes and Liens section and deposits with Lender cash <br />or a sufficient corporate surety bond or other security satisfactory to Lender. <br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust <br />as a security agreement are a part of this Deed of Trust: <br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property <br />constitutes fixtures, and Lender shall have all of the rights of a secured party under the Uniform Commercial Code <br />as amended from time to time. <br />Security Interest. Upon request by Lender, Grantor shall take whatever action is requested by Lender to perfect <br />and continue Lender's security interest in the Personal Property. In addition to recording this Deed of Trust in the <br />real property records, Lender may, at any time and without further authorization from Grantor, file executed <br />counterparts, copies or reproductions of this Deed of Trust as a financing statement. Grantor shall reimburse Lender <br />for all expenses incurred in perfecting or continuing this security interest. Upon default, Grantor shall not remove, <br />sever or detach the Personal Property from the Property. Upon default, Grantor shall assemble any Personal <br />Property not affixed to the Property in a manner and at a place reasonably convenient to Grantor and Lender and <br />make it available to Lender within three (3) days after receipt of written demand from Lender to the extent <br />permitted by applicable law. <br />Addresses. The mailing addresses of Grantor (debtor) and Lender (secured party) from which information <br />concerning the security interest granted by this Deed of Trust may be obtained (each as required by the Uniform <br />Commercial Code) are as stated on the first page of this Deed of Trust. <br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurances and <br />attorney-in-fact are a part of this Deed of Trust <br />Further Assurances. At any time, and from time to time, upon request of Lender, Grantor will make, execute and <br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by <br />Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices and <br />places as Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security <br />agreements, financing statements, continuation statements, instruments of further assurance, certificates, and other <br />documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, <br />perfect, continue, or preserve (I) Grantor's obligations under the Credit Agreement, this Deed of Trust, and the <br />Related Documents, and (2) the liens and security interests created by this Deed of Trust on the Property, whether <br />now owned or hereafter acquired by Grantor. Unless prohibited by law or Lender agrees to the contrary in writing, <br />Grantor shall reimburse Lender for all costs and expenses incurred in connection with the matters referred to in this <br />paragraph. <br />Attorney -in -Fact. If Grantor fails to do any of the things referred to in the preceding paragraph, Lender may do <br />so for and in the name of Grantor and at Grantor's expense. For such purposes, Grantor hereby irrevocably <br />appoints Lender as Grantor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, <br />and doing all other things as may be necessary or desirable, in Lender's sole opinion, to accomplish the matters <br />referred to in the preceding paragraph. <br />FULL PERFORMANCE. Upon the full performance of all the obligations under the Credit Agreement and this <br />Deed of Trust, Trustee may, upon production of documents and fees as required under applicable law, release this <br />Deed of Trust, and such release shall constitute a release of the lien for all such additional sums and expenditures made <br />pursuant to this Deed of Trust. Lender agrees to cooperate with Grantor in obtaining such release and releasing the <br />other collateral securing the Indebtedness. Any release fees required by law shall be paid by Grantor, if permitted by <br />applicable law. <br />EVENTS OF DEFAULT. Grantor will be in default under this Deed of Trust if any of the following happen: (A) <br />Grantor commits fraud or makes a material misrepresentation at any time in connection with the Credit <br />Agreement. This can include, for example, a false statement about Grantor's income, assets, liabilities, or any <br />other aspects of Grantor's financial condition. (B) Grantor does not meet the repayment terms of the Credit <br />Agreement. (C) Grantor's action or inaction adversely affects the collateral or Lender's rights in the collateral. <br />This can include, for example, failure to maintain required insurance, waste or destructive use of the dwelling, <br />