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Il 1a:Ffa 20. SECURITY INTEREST UNDER THE UNIFORM COMMERCIAL CODE. This Deed of Trust shall be considered and be effective as a financing statement and a fixture tiling pursuant to the provisions of the Uniform Commercial Cod, for adopted in the state where the real property rs looser covering fixtures. Chattels, and articles of personal property now owned or hereafter attached to or to be used Inconnection with the Property together with any and all replacements thereof and additions thereto (the Chattels "L and Grantor hereby grants Lender a security placed in such ChaLLele. The debtor IS the Grantor described above. This Dead of Trust will be effective as a fmanamg statement tiled as .. _. _ . .... --- .__r...._........,_.,,1 ,..a,..a he need f,r ,,,IA IS the near estate records of each county what, any Pan of said premises including sera Tihop l 11 anuapu. rira ..gee U, ,.,... -. a e,..,a,... --- ., _ _ „ ...... ..__. _. other promises and may be filed in any other appropriate filing or recording gree. A carbon, photographic or other repmauctmn of d Trust or of any financing statement rclaeng ro his Deed of Trust shall be authentic as a financing statement for any of the purposes in this Paragraph. The secures party Is the Lender described hove. Upon demand, Grantor hall make, secure and deliver so such term Is defined m aeld Uniform Commercial Code) as Lender at an e a deem n fs (as o u may necessary a proper r ra ,lilt ioLenUe�a pa ---- -- security interest in ma Chattels, and open Grantor's statements to do So Lender Is authorized ID sign m each g . _ _, _.....,.. r:.,.,.... ate „ a ai,,,.r,os n„no, in nth. enanr:mn ntatememe gas seen term is dmfoea m said Uniform commt required, in the ,pinion of Lender, by said uniform Commercial code. It the lien Of the Deed of t rust be supect is any security agreement me Chattels then In the event of any default Oder this Dead of Treat all the right, title and Interest of Grantor m and to any and pg of ihp C^attels is hereby assigned to Lender, together with the benefit of any deposits or payments now or hereafter made thereof by Grantor or the predecessors or successors In title al Grantor In the Property. 21. REIMBURSEMENT OF AMOUNTS EXPENDED BY LENDER. Lender, at Lenders notion, may expend funds lincluding attorneys fees and legal expenses) to perform any act required to be taken by Grantor or to exercise any right e( remedy of Lender under this Deed 01 Trust Upun demand, Grantor shall mmediately reimburse Lender for all such amounts expi by Lender together with interest thereon at the lower at highest rate desrabed in any Obligation or the highest taro allowed by law from the date of payment until the date of rermbursemem. These e shag be included In the definition of Obligations herein and shah be secured by me beneficial interest granted herein. If the obligations are Soon, after the beginning of Publication of notice of sale, as herein provides, or n the event Lender shall, at its sole option, permit Grantor to pay any part of the Obligation after the beginning of publication of notice of sale, as herein ovided, then, Grantor shall paon demand all expenses incurred by the Tru t and Lander connection with said publication, include p reasonable attorneys' fees to the attorneys for the Trustee ex! for the Lander, and a reasonable fee to the Trustee, and this Deed of Trust shall be security for all such expenses and fees. 22. APPLICATION OF PAYMENTS. The Trustee shall apply the proceeds of the trustee's sale, first, to the seats and expenses of exercising the be power of sale and Of the $ale, including the payment of the Trustee's face actually incurred not o exceed the amount hlsjunior h y deeds provided for in the Deed of Trust, second, to payment of the obligation secured by the Deed of Trust, tthird, to the c o mprt0ages or other lienhriders, and the balance, It any, to the person or persons legally entitled thereto. 23. POWER OF ATTORNEY. Grantor hereby appoints Lender as Its attorney -in -fact to endorse Grantor's name on all Instruments and other documents pertaining to the Deal or Dead of Trust. In addition, Lender shall be entitled, but not required, to perform any saint or execute any document required to be taken or executed by Grantor under this Deed of Trust. Lenders performance of such action or execution Of such documents shall not relieve Grantor from any Obligation or cure any default under this Deed of Trust All o f attorney described in this Deed of Poor are coupled with an imemat and are oraan cable . 24. SUBROGATION OF LENDER. Lender shall be subrceatpd to the rights of are holder of any previous Ilan, security Interest Or encumbrance discharged with funds advanced by Lender regardless of whether rheas liens, security interests or other encumbrances have been mloased of basic. 25. COLLECTION COSTS. To the extent permanent by law. Grantor agrees to pay Lender's reasonable tees and costs, including, but not limited to, tees and sorts of attorneys and other agents lincluding without limitation paralegals, clerks and consultants), whether Or not such attorney or agent is an employee of Lender, which are Incurred by Lender in collecting any amount due or enforcing any right or remedy under this Deetl at Trust, whether or not suit is brought, including, but not Treed m, all teas and costs incurred on appeal, in bankruptcy, and for post judgment causation actions. 26. PARTIAL RELEASE, Lander may its 'Oscar in a portion of the Property by executing and recording one more Partial Diver of Reconveyance without affecting Its interest in the remaining p,Tmm el the Property. Nothing hemio shall be doomed to obllgate Lander to release any of its interest in life Property Icxcept as required under Paragraph 38 or as may be Otherwise required by law). nor shall Lender be equa tetl to reissue any part of the Property If Grantor is in default under this Deed Of Trust The lien and security interest created by the Deed of Trust remain In effect with respect to that portion of the property, as defined In the Deed of Tort, that is net the subject of this Dr any Partial Deed or Reconveyance. 27. MODIFICATION AND WAIVER. The modification or waiver of any of Grantors Obligations or Lender's rights under this Deed of Trust must be contained o a writing signed by Lender. Lender may perform any of Borrowers or Grantor's Obligations, delay or fail to cxp any at Its rights a accept payments from Grantor or anyone other than Grantor without causing a waiver of groan Obligations or rights. A waiver on one shall not c ir constitute a waiver on any other occasion Grantor's obligations under this Deed of Trust hall no be affected if Lender amend, compromises, exchanges, ifails to exercise, Impairs or releases any of the Obligations belonging to any Grantor, Borrower or thud party nr any of its rights against any Grantor, Borrower or third party or any of the Pull Lenders failure W Insist upon strict performance of any of the Obligations shall not be deemed a waiver and Lander shall have the right at any time thprealter to insist upon suet performance 28. SUBSTITUTE TRUSTEE; TRUSTEE LIABILITY: COMPENSATION. In case of the death, inability, refusal to act or absence of the Trustee from the state where the real property is located or in case. the holder of the Obligations shall desire for any reason to remove the Trustee or any substitute trustee a trustee hereunder and to appoint asnew trustee in his place and stead, the hard,, it the Obligations is hereby granted full power to appoint in writing a substitute tesgee for said Trustee, and he substitute trustee shall, when appointed, become up ssor to all rights of Trustee hereunder and the same Shall become vested in Mm for the purposes and objects of this Dead of Trust with all the power, itch as and obligations M1ereln conferred up the Trustee. Trustee shall not be Gable far any error of judgment or act done by Trustee or be otherwise responsible D t,mn able under any circumstances whatsoever Trustee shall not be personally liable In case of entry by It or anyone acting by virtue of the said herein granted A upon the Dead OF Trust for debts contras d or liability or damages Incu ed , the management o operation of s id prom se . Trustee shall have the right to rely on any Instrument, document or signature authorizing or supporting any or taken or proposed to be taken by It hereunder or believed by it in good poth to be gpnWne. Trustee shall be entitled to reimbursement fur expenses incurred by it in the performance of its duties hereunder and to reasonable c mpensatbn for such of It ices wounder ,,no Told itaharmlessefrom and against any altfrom ll lapse to Too. iab pay y, damages and expense whatsoever incurred by bins the perrformance Of ITS duties. e a past, liability, se w mcu e n All moneys received by Trustee shall, until used or applied as herein Provided, be hold In trust for the purposes for which they were received, but need not be segregated In any manner from any other moneys (except to the extent required by Loyd d Trustee shall he under no liability for interest on any money$ pattern by hereunder. 29. SUCCESSORS AND ASSIGNS. This Dead of Trust shall be binding upon and Inure W the benefit of Grantor arid Lender and their respective successoo, assigns, trustees, receivers, administrators, parallel representatives, legatees and devisees. 30, NOTICES. ExenM as otherwise required by Iew, any n dce or other communication to be provided under this Dead m Trust shall be In writing and sent to the parties at the addresses described in this Deed of Trust or such other address as the parties may designate In writing from time to time Any such notice so given and sent by first class mail, postage prepaid, shall be deemed given the earlier of three 13) days alter such notice is sent or when received by the person to whom such notice Is being given. 31. SEVERARILITY. Whenever possible, each provision of this Deed at Trust shall be interpreted so as to be affective and valid under applicable state law. If any provision of this Deed at Trust violates the law Or is unenforce fleas the rest of the Deed Of Trust shall continue to on valid and enforceable 32. APPLICABLE LAW. This Deed of Trost shall be govpmntl by the laws of the state where the real properly is legated. Unless applicable law provides otherwise, Grantor consents to the jurisdiction and venue Of any court selected by Lender, in its sale discretion, located in that state. 33. MISCELLANEOUS. Grantor and Lander agree that time Is of the ASNOTe. Grantor waives presentment, demand for payment, notice of dishonor and protest except as required by law. All references to Grantor in this Deed at Trust shall me bad all persons signing below. If there IS e than e Grantor, Their Obligations shall be joint and several. This Deed of Trost represents the compinto Integrated understanding betwpeI Grolier and Lender pertaining to the terms and conditions hepof. 34. NO THIRD PARTY RIGHTS. No person Is or shall be a third party beneficiary of any proviaipn of this Deed of Trust. All provisions of this Deed of Trust In favor of Lender are ended solely for the benefit of Lender, and no third party shall be Pmend to assume or expect that Lender will not waive or enhance to the modification of any peopon of this Lord of Trust, In Lenders sole discretion.