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DEED O(Continued) RUST 200209785
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<br />Current Taxes, Fees and Charges. Upon request by Lendis, 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 continua Lender's lien on the Real Property. Truster shall
<br />mrseep Lender for all taxesr as described below, together with all expenses incurred in recording, perfecting or continuing this Deed
<br />at Trust, 'including without limitation all taxes, fees, documentary stamps, and other charges for recording or registering this Used of
<br />Trust.
<br />Taxes. The following shall constitute taxes to which this section applies: 111 a specific tax upon this type of Deed of Trust or upon
<br />all or any pars of the Indebtedness secured by this Deed of Trust; (2) a specific tax on Truster which Trustor is authorized or
<br />requiretl to deduct tram payments on the Indebtedness secured by this type of Deed of Trust: 13) 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 section applies is enacted subsequent to the date of this Deed of Trust, this event shell
<br />have the same effect as an Event of Default and 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 Lender cash 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 as a security agreement 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 Code 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 Rents and Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender mayr at any time and without further authorization from Trusts, file executed counterparts,
<br />copies or reproductions of this Dead of Trust as a financing shipment. Truster shall reimburse Lender for all expenses Incurred In
<br />perfecting or continuing this security Interest. Upon default, Truster shall not remove, sever or detach the Personal Property train the
<br />Property- Upon default. Truster shall assemble any Personal Property not affixed to the Property in a manner and at a place
<br />tably convenient to Trustor and Lender and make It available. to Lender within three (3) days after enter of written demand
<br />from Lender to the career permitted by applicable law.
<br />Addresses. The mailing addresses of Treanor account) and Lender (secured party) from which information concerning the security
<br />Interest granted by this Deed of Trust may be obtained (each as required by the Uniform Commercial Coca) sea as stated on the first
<br />page of this Dead 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 />to be made, executed or delivered, to Lender or to Lender's designee, and when requested by Lender, cause to be filed, recorded,
<br />refiled, or ereccrded, as the case may be at such times and In soot apices and places as Lender may deem appropriate, any and all
<br />such mortgages, deeds of trust, security deeds, security agreements, financing statements, continuation statements, Instruments of
<br />further assurance, certificates, and prier documents as may, in the sole opinion of Lender, be necessary or desirable in order to
<br />effeetuats, complete, perfect, continue, or preserve Ti Trustpr's abligatiens under the Note, this Deed of Trust and the Related
<br />Documents, and (2) the liens and security Interests created by this Deed of Trust as first and prior liens on the Property, whether
<br />now owned or hereafter acquired by Truster. 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 Trustor fails to do any of the things referred to In the preceding paragraph, Lender may do so for and in the name
<br />of Truster and at Truster's expense. For such purposes. Truster hereby Irrevocably appoints Lender as Truster's 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 the matters rare rred to in the preceding paragraph.
<br />FULL PERFORMANCE. If Truster pays all the Indebtedness when due, and otherwise performs all the obligations imposed upon Truster
<br />under this Deed of Trust, Lender shall execute and deliver to Trustee a request for lull reconveyanoe and shall execute and deliver to
<br />Truster suitable statements of termination of any financing statement on file evidencing Lender's security interest In the Rents and the
<br />Personal Property, Any reconveyanoe lee required by law shall be paid by Truster, if permitted by applicable law.
<br />EVENTS OF DEFAULT. Each of the fnllowing. at Lender's option, shall constitute an Event of Default under this Deed of Trust:
<br />Payment Default. I ruster tails to make any payment when due under the Indebtedness.
<br />Other Defaults. Truster fails to comply with or to part.,,, any other term, obligation, covenant or condition contained in this Deed of
<br />Trust or in any of the Related Documents or to comply with or to perform any term, obligation, covenant or condition contalned in any
<br />other agreement between Lender and Truster.
<br />Compliance Default. Failure to comply with any ether term, condition, 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 Teacher has not been given a notice of a breach of the same
<br />provision of this Deed of Trust within the preceding twelve (1 2) months, it may be cured (and no Event of Default will have occurred,
<br />If Truster, after Lender sends written notice demanding cure of such failure: (a) cures the failure within fifteen (15) days; or be if the
<br />cure requires more than fifteen (15) days. immediately Initiates steps sufficient to cure the failure and thereafter continues and
<br />completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
<br />Default on Other Payments. Failure of Truster 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 ro effect discharge of any lien,
<br />Default in Favor of Third Parties. Should Truster default under any loan, extension of credit, security agreement, purchase or sales
<br />agreement or any other agreement, In favor of any other creditor or person that may materially affect any of Truster 'a property or
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