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200207555 DEED OF TRUST
<br />Loan No: 774633 (Continued) Page 4
<br />taxes, fees and charges are apart of this Deed of Trust:
<br />Current Taxes, Fees and Charges. Upon request by Lender, Truster shall execute such documents in addition to this Deed of Trust
<br />and take whatever other action is requested by Lender to perfect and continue Lender's lien on the Real Property. Truster shall
<br />reimburse Lender for all taxes, as described below, together with all oxpansss Incurred in recording, perfecting or continuing this Deed
<br />of Tnisp India na without limitation all taxes, fees, documentary stamps, and other charges for reeordiny or registering this Deed of
<br />Trust.
<br />Taxes. The following shall constitute taxes to which this section applies: (1) a specific tax upon this type of Dead of Trust m upon
<br />all or any part of the Indebtedness s ccumd by this Deed of Trust; 121 specific tax on Trustor which Tmstor Is authorized or
<br />required to deduct from payments on the Indebtedness secured by this type of Deed of Trust; 131 a tax on this type of Deed of Trust
<br />chargeable against the Lender or the holder of the Note; and (4) a specific tax on all or any portion of the Indebtedness or on
<br />payments of principal and interest made by Truster.
<br />Subsequent Taxes. If any tax to which this station applies is enacted subsequent to the data of this Deed of Trust, this event shall
<br />have the same affect as an Event of Detach, antl Lender may exercise any or all of its available remedies for an Event of Default as
<br />provided below unless Truster either (1) pays the tax before it becomes delinquent, or (2) contests the tax as provided above in the
<br />Taxes and Liens section and deposits with Lander cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The fallowing provisions relating to this Deed of Trust as a security ayreemant are a
<br />part of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property constitutes fixtures, and
<br />Lender shall have all of the rights of a secured party under the Uniform Commercial Coda as amended from time to time.
<br />Security Interest Upon request by Lender, Truster shall execute financing statements and take whatever other action is requested by
<br />Lender to perfect and continue Lender's security interest in the Personal Property. In scratch to recording this Deed of Trust in the
<br />sal property records, Lender may, at any time and without further authorization from Truster, file executed counterparts, copies or
<br />reproductions of this Deed of Trust as a financing statement. Truster shall reimburse Lender for all expenses incurred in perfecting or
<br />continuing this security interest. Upon default, Truster shall not remove, sever or detach the Personal Property from the Property.
<br />Upon default, Truster shall assemble any Personal Property not affixed to the Property in a manner and at a place reasonably
<br />convenient to Truster and Lender and make it available to Lender within three (3) days after receipt of written demand from Lender to
<br />the extent permitted by applicable law.
<br />Addresses. The mailing addresses of Truster (debtor) and Lender (secured party) from which information concerning the security
<br />Interest granted by this Deed of Trust may be obtained leach as required by the Uniform Commercial Code) are as stated on the first
<br />page of this Deed of Trust.
<br />FURTHER ASSURANCES: ATTORNEY -IN -FACT. The following provisions relating to further assurances and attorney In fact are a part of
<br />this Deed of Trust
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Truster will make, execute and deliver, or will cause
<br />n he made, easnouted or cohered, to Lender or to Lender's designee, and when requested by Lender, class to be filed, recorded,
<br />such o corded, as the cuss ecuy be at e such limas and In such Offices had statements, as Lender may dean. epees, ins any and all
<br />such mortgages, deeds rt of trust, security deeds, security agreements. financing statame nd continuation statements, le in moms of
<br />further t certificates, and other documents a may, to the sole opinion or Lender, be is necessary or desirable in order to
<br />DOGLa ratt� complete, perfect, sent d na or preserve I11 tad by obligations under the Note, this Deed of the P and the Related
<br />now owned or (e the liens and security inmrnNb oprohib by [bls Deal of Trust as first and t prior liens on iwr Property, whether
<br />nod Lender hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary In writing, Truster shall
<br />reimburse Lender for all costs and expenses incurred in connection with the matters referred to in this paragraph.
<br />Attorney -in Fact. If Truster fails 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 Tractor's expense. For such purposes, Trustor hereby irrevocably appoints Lielder as Truster's attumey - III -fact fur
<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 the matters referred to in the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future advances, when due, and otherwise
<br />pert...... all the obllyafions miposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
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<br />reconvoyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on the evidencing
<br />Lender's security interest in the Rents and the Personal Property. Any reconveyance fee required by law shall be paid by Trustor, if
<br />permitted by applicable law_
<br />EVENTS OF DEFAULT. At Lender's option. Trustor will be in default under this Deed of Trust if any of the following happen:
<br />Payment Default. Trustor fails to make any payment when due under the indebtedness
<br />Break Other Promises. Trustor breaks any promise made m Lander sr falls to nonfarm promptly at the time and strictly in the manner
<br />provided In this Deed of Trust or In any agreement related to this Deed of Trust.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained in this Deed of Trust, the Note
<br />any of the Poland! Documents. If such a failure is curable and if Truster has not been given a notice of a breach of the same
<br />pmvlNlan of this Deed of Trust within the ymcediny tanks. (12) marths, it may be cured land n. Event of Default will have occurred)
<br />If Truster, after Lender sends written notice demanding Guru of soon failure. (a) c es the failure within ten (10) days; or (b) if To
<br />cure requires more than ten 110) days, immediately initiates steps sufficient to cure the failure and [hereafter continues and completes
<br />all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
<br />Default On Other Payments. Failur, of Trustor within the fine required by this Deed of Trust to make any payment for texas or
<br />insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
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