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<br />200807950 <br /> <br />D. Any warranty, representation or financial statement made or fumished by <br />the Borrower or any member of the Borrower to Lender is discovered to have been false in <br />any material respect when made or furnished; or <br /> <br />E. The Borrower or any maker, endorser, surety, partner or guarantor of the <br />Note or Deed of Trust shall: <br /> <br />(1) have an order for relief entered with respect to it under any law <br />relating to bankruptcy, insolvency, reorganization or relief of debtors ("Bankruptcy <br />Law"); <br /> <br />(2) make an assignment for the benefit of its creditors; <br /> <br />(3) apply for, seek, COllsent to or acquiesce in the appointment of a <br />receiver, custodian, trustee, examiner, liquidator or similar official for Borrower, or <br />any substantial part of Borrower's property; <br /> <br />(4) institute any proceedings seeking an order for relief under any <br />Bankruptcy Law, or a proceeding seeking to adjudicate Borrower a bankrupt or <br />insolvent. <br /> <br />F. Assumption of the Note or Deed of Trust by a third party under any <br />conditions, without Lender's written consent. <br /> <br />G. Abandonment of Property. <br /> <br />H. Borrower commits waste or allows the Property to deteriorate, after written <br />notice to correct the problem has been given to the Borrower and Borrower fails to take steps <br />to correct the same. <br /> <br />1. Borrower shall be dissolved or terminated or shall fail to maintain its limited <br />liability company existence. <br /> <br />J. Borrower fails to keep the Property insured as required; <br /> <br />K. Should it be discovered that there is a defect in the title to, or a lien or <br />encumbrance of any nature, on the Property prior to the lien of Lender under this Deed of <br />Tmst and not disclosed by th.e policy oftitle insurance issued to the Borrower insUling the <br /> <br />Page 5 of 12 <br />