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DEED OF TRUST <br />Loan No: 774207 200206437 (Continued) Page 5 <br />Has Deed of Trust'. <br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and deliver, or will cause <br />To be matle, executed Or delivered, to Lander ar to Lender's designee, and wdrn requested by I ends, camse to be filed, recorded, <br />often, or rerecorded, as the case may be, at such times and In such offices and places oe Lender may deem appropriate, any and all <br />such mortgages, deeds of trust security dueds, security agreements, financing statements, continuation statements, instruments of <br />further a a certificates, and other Documents a may, In the sole opinion of Lander, be necessary or desirable in order to <br />effectuates complete, perfect, continue, or preserve 111 Borrower's and Trustor's obligations under the Nola, this Dead of Trust, and <br />the R.lered Documents, and (2) the liens and security interests created by this Deed of trust as first and prior liens on the Property, <br />whether now owned or hereafter acquired by Truster. Unless prohibited by law or Lender agrees to the contrary in writing, Truster <br />shall reimburse Lender for all costs and expenses Incurred In connection with the matters referred to in this paragraph. <br />Anorney -in -Fact. If Truster loils to do any of the Things referred to in the preceding paragraph, Lender may do so for and in the name <br />of Trustor and at Truster s expense. For such purposes, Trusser hereby irrevocably appoints Lender 'ua Tmstor'c attorney in fact for <br />the purpose of making, executing, delivering, filing, recording, and doing all other things as may be necessary or desirable, In Lender's <br />sole opinion, to accomplish I matters referred to in the preceding paragraph. <br />FULL PERFORMANCE. If Borrower pays all the Indebtedness, including without limitation all future advances, when due, and otherwise <br />performs all the obligations imposed upon Truster under this Deed of Trust, Lender shall execute and deliver to Trustee a request [Or full <br />reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing <br />Lender's security interest in the Bents and the Personal Property, Any r conveyance fee required by law shall he paid by Trustor, if <br />permitted by applicable law. <br />EVENTS OF DEFAULT. Each of the following, at Lender's Option, shall constitute an Event of Default under this Deed of I rust: <br />Payment Default. Borrower fails to make any payment when due under the Indebtedness. <br />Other Defaults. Borrower or Irustur fails to comply with or to perform any other term, obligation, sUVencrot or condition contained in <br />this Deed of Trust or in any of the Belated Documents or to comply with or to perform any term, obligation, covenant or condition <br />contained In any other agreement between Lender and Borrower or Trustor. <br />Compliance Default Failure to comply with any other term, obligation, covenant or condition contained In this Deed of Trust, the Note <br />or In any of the Related Documents. If such a failure is curable and if Borrower or Trustor has not been given a notice of a breach of <br />the so re provision of this Dead of Trust within the preceding twelve (12) months, it may be cured land no Event of Default will have <br />occurred) If Burrower or Trustor, after Lender sends written notice demanding sure of rata failurs: la) cures the failure within fifteen <br />(ta) days, or to) if the pure requires more than fifteen (15) days, immediately Initiates steps sufficient to cure the faller. and <br />Thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably <br />practical. <br />Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment for taxes or <br />Insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien. <br />False Statements. Any warranty, representation or statement mode or furnished to Leeds, by Borrower or Trustor or on Borrower's or <br />Trustor 'a behalf under this Deed of Trust or the Related Documents Is false or oislcading in any material rii either now or at the <br />time marls or furnished or becomes false or misleading at any time thereafter. <br />Defective Collateralization. This Deed of Trust OF any of the Belated Documents stores to be in full force and effect (including failure <br />of any collateral document to cream. a valid and perfected security interest or lien) at any time and for any reason. <br />Insolvency. The dissolution or termination of Rorrnwer'c or Trustor's existence as a going business, the Insolvency of Borrower n <br />Trustor, the appointment of a receiver for any part of Borrower's or Trustor's property, any assignment for the benefit of creditors, <br />any type of creditor workme, or the commencement of any proceeding under any bankruptry or insolvency laws by or against <br />Borrower or Trustor. <br />Creditor or Forfeiture Proceedings. Commencement of forprimmre or forfeiture proceedings, whether by judicial proceeding, self -help, <br />repossession or any other method, by any creditor of Borrower or Trustor or by any governmental agency against uny property <br />securing the Indebtedness. This includes a garnishment of any of Borrower's or Trustor's accounts, including deposit accounts, with <br />Lander. However, Has Event of Default shall not apply if there is a good fad, dispute by Borrower or Trustor as to the validity or <br />reasonableness of the claim which Is the basis of The creditor or forfeiture proceeding and it Borrower or Trustor gives I ender, written <br />no Goo of the creditor or forfeiture proceeding and deposits with lender monies or a surety bond for the creditor or forfeiture <br />proceeding, In an amoum determined by Lender, In Its able discretiun, as being anadequat. reserve or bond for the dispute. <br />Breach of Other Agreement. Any breach by Rnrrnwer or Trustor under the terms of any other agrecmpnt between Borrower or <br />Truster and Lender that Is not r medied within any grace perind provided therein, including without limitation uny ayecment <br />concerning any indebtedness or other obligation of Borrower or Trustor to Lender, whether existing now or later. <br />Events Affecting Guarantor. Any of the preparing events occurs with respect to any guarantor, endorse, surety, or accommodation <br />party of any of the Indebtedness OF any guarantor, endorser, surety, or accommodation party dies or becurnas Incompetent, o <br />revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. In Ha. event of a death, Lender, at its option, <br />may, but shall not be required to, permit the guarantor's estate to assume a rn endltiunally the obligations arising under the guaranty in <br />a manner satisfactory to Lentler, end in dying so, cure any Event of Default <br />Adverse Change. A pi adverse change occurs In Borrower's Or Truster's financial condition, or Lender believes the prospect of <br />payment or performance of the Indebtedness is Impaired. <br />Insecurity. Lender in good faith believes itself Insecure. <br />Existing Indebtedness. The payment of any installment of principal or any Interest on the Existing Indebtedness is not made within the <br />time required by The promissory not. evidencing such indebtedness, or a default aspens under the Instrument securing such <br />