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d.; 7' � ' DEED O� TRUST 2 o i o 0 7 9 s 2
<br />Loan No: 909235634 (COntinU@d) Page 5
<br />Trust as a financing statement. Trustor shall reimburse Lender for all expenses incurred in perfecting or continuing this security
<br />interest. Upon default, Trustor shall not remove, sever or detach the Personal Prpperty from the Praperty. Upon default, Trustor shall
<br />assemble any Personal Property nnt affixed to the Property in a manner and at a place reasonably cpnvenient to Trustor and Lender
<br />and make it available to Lender within three (3) days after receipt of written demand from Lender to the extent permitted by applica6le
<br />law.
<br />Addresses. The mailing addresses of Trustor (debtor) 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 llniform Commercial Code) are as stated on the first
<br />page of this Deed of Trust.
<br />FURTHER ASSUR/►NGES; ATTORNEY-IN-FACT. The following prpvisions 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, Trustar will make, execute and deliver, pr will cause
<br />to be made, executed pr delivered, to Lender or to Lender's designee, and when requested by Lender, cause to be filed, recorded,
<br />refiled, or rerecorded, as the case may be, at such times and in such offices and places as l.ender may deem appropriate, any and all
<br />such mortgages, deeds of truat, aecurity deads, security agreements, financing statemsnts, continuation statements, instruments of
<br />further assurance, certificates, and other documents as may, in the sole ppinion qf Lender, be necessary or desirabls in order to
<br />effectuate, complete, perfect, continue, or presarve (1 � Borrower's and Trustor's obligativns under the Note, this Deed of 7rust, and
<br />the Related Documents, and (2) the liens and security interests created by this Deed of Trust as first and prior liens on the Property,
<br />whether npw owned or hereafter acquired by Trustar. Unless prohibited by law or Lender agraes to the contrary in writing, 7rustor
<br />shall reimburse Lender for all costs and expensas incurred in connection with the matters referred to in this paragraph.
<br />Attorney-in-Fact. If Trustor fails to do any af the things referred to in the preceding paragraph, l.ender may do so for and in the name
<br />of Trustar and at Trustor's expense. For such purposes, Trustpr hereby irrevocably appoints Lender as Trustor's attorney-in-fact for
<br />tha qurpose of making, executing, delivering, filing, racording, and doing all other things as may be necessary or desirable, in l.ender's
<br />sole opinion, tp accomplish the matters referred ta in the preceding paragraph.
<br />FULL PERFORMANC�. If Bprrower and Trustor pay all the Indebtedness when due, and 7rustor otherwise performs all the obligations
<br />imposed upon Trustor under this Deed of 7rust, Lender shall execute and deliver to 'frustee a request for full reconveyance and shall
<br />execute and deliver to Trustor suitable stetemsnts of termination of any financing statement on tile evidencing Lender's security interest in
<br />the Rents and the Personal Property. Any reconveyance fee required by law shall be paid by Trustor, if permiCted by applicable law.
<br />EVEN7S OF DEFAULT. Each of the following, at Lender's optivn, ahall constitute an Event of Default under this Deed of Trust:
<br />Payment Default. Borrower fails to make any payment when due under the Indebtedness.
<br />Other Defaults. Borrower or Trustar fails to comply with or to perform any other term, obligation, covenant or condition contained in
<br />this Deed of "frust or in any of the Related Documents or to camply 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, pbligation, covenant or condition contained in this Deed of Trust, the Note
<br />or in any of the Related Documents.
<br />Default on Other Payments. Failure of Trustor within the time required by this Deed af Trust to make any payment for taxes or
<br />insurance, ar any other payment necessary ta prevent filing of or to effect discharge of any lien.
<br />False Statements. Any warranty, representation or statsment made or furnished to Lender by Barrower or Trustor or on Borrawer's or
<br />Trustor's behalf under this Deed of Trust or the Related Documents is false or misleading in any material respect, either npw qr at [he
<br />time made or furnished or becomes false ar misleading at any time thereafter,
<br />Dafective Collateralization. This peed of Trust or any of the Related Documents caases ta be in full farce and effsct (including failure
<br />ot any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.
<br />Death or Insolvency. 7he disssoiutiqn ar terminatiorr af �orrower`svr•Trusttir`� existence as a gving bwsiness, the insolvency of
<br />Borrower or Trustor, the appointment of a receiver for any part of Bprrower's or Trustor's property, any assignment for the banafit of
<br />creditors, any type of creditor workout, or the oommencement of any proceeding under any bankruptcy or insolvency laws by or
<br />against Bprrower or Trustor.
<br />Creditor or Forfeiture Proceedings. Commancement pf fareclosure or forfeiture proceedings, whether by judicial proceeding, self-help,
<br />repossession or any other method, by any creditor of Borrower or 7rustnr pr by any governmental agency against any property
<br />securing the Indebtedness. This includes a garnishment of any pf Borrower's or Trustor's accounts, including deposit accounts, with
<br />Lender. However, this Event of pefault shall npt epply if there is a good faith dispute by Borrpwer or Trustor as to the validity or
<br />reasonableness of the claim which is the basis of the creditor or forfeiture prpceeding and if Borrower or Trustar gives Lender written
<br />notice of the creditor pr forfeiture proceeding and deposits with Lender monies or a surety bond for the creditor or forfeiture
<br />proceeding, in an amount determinad by Lender, in its sole discretion, as being an adequate reserve or bond for the dispute.
<br />Breach of Other Agraement. Any breach by 6orrower pr Trustar under the terms of any other agreement petween 6orrower or
<br />Trustor and Lender that is not ramedied within any grace period provided therein, including without limitation any agreement
<br />concerning any indebtedness or other obligation of Borrower or Trustor to Lender, whether existing naw ar later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation
<br />party of any of the Indebtedness or any guarantar, endorser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes ar disputes the validity vf, or liability under, any Guaranty of the Indebtedness.
<br />Adverse Change. A material adverse change occurs in Borrower's or Trustor's financial condition, or Lender believes tha prospect of
<br />payment or performance of ihe Indebtedness is impaired.
<br />Inseaurity. Lender in good faith believes itself insecure.
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