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202504374
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Last modified
8/8/2025 11:06:41 AM
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8/8/2025 11:06:40 AM
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DEEDS
Inst Number
202504374
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202504374 <br />be immediately due and payable and proceed to the remedies available to it under the default <br />provisions contained herein. <br />11. Events of Default. Any of the following events shall be deemed an event of <br />default hereunder: <br />(a) Failure to pay any installment of principal or interest, or any other sum <br />secured hereby, when due; <br />(b) Failure of Trustor, within the time required by this Deed of Trust, to make <br />any payment for taxes or insurance, or any other payment necessary to prevent filing of <br />or to effect discharge of any lien; <br />(c) A breach of or default under any provision contained in the Note, this <br />Deed of Trust, any of the Loan Instruments, or any other lien or encumbrance upon the <br />Property; <br />(d) A writ of execution or attachment, or any similar process entered against <br />Trustor, that shall become a lien on the Property or any portion thereof or interest therein; <br />(e) Any default by Trustor under any loan, extension of credit, security <br />agreement, purchase or sales agreement, or any other agreement, in favor of any other <br />creditor or person that may materially affect any of Trustor's property, or Trustor's <br />ability to repay the indebtedness, or Trustor's ability to perform its obligations under this <br />Deed of Trust or any of the Loan Instruments; <br />(f) Any warranty, representation, or statement made or furnished to <br />Beneficiary by Trustor, or on Trustor's behalf, under this Deed of Trust or the Loan <br />Instruments is false or misleading in any material respect, either now or at the time made <br />or furnished, or becomes false or misleading at any time thereafter; <br />(g) This Deed of Trust or any of the Loan Instruments ceases to be in full <br />force and effect (including failure of any collateral document to create a valid and <br />perfected security interest or lien) at any time and for any reason; <br />(h) There shall be filed by or against Trustor an action under any present or <br />future federal, state, or other statute, law, or regulation relating to bankruptcy, insolvency, <br />or other relief for debtors; or there shall be appointed any trustee, receiver, or liquidator <br />of Trustor of all or any part of the Property, rents, issues, or profits thereof; or Trustor <br />shall make any general assignment for the benefit of creditors; <br />(i) The death of any member or manager of Trustor; <br />(j) Any breach by Trustor under the terms of any other agreement between <br />Trustor and Beneficiary that is not remedied within any grace period provided therein, <br />4 <br />
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