� M
<br />DEED OF TRUST
<br />Loan Nq: 901237Q77� . P?,;; ;;; � (Continued) 2 p 1� 0 9 4 S 3 Page 5
<br />assemble any Personal Property not affixed tp the Prapsrty in a manner and at a place reasonably convenient 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 applicable
<br />law.
<br />Addresses. The mailing addresses of Trustor (debtpr) and Lender (secured party) from which information concerning the security
<br />interast granted by this Deed of Trust may be pbtained (each as required by the Uniform Commercial Code) are as stated on the first
<br />page pf this Deed pf Trust.
<br />FURTHER ASSURANCES; ATTpRNEY-IN-FACT. The following provisions relating to further assurances and attorney-in-fact are a part of
<br />this Deed of Trust:
<br />Further Aesurances. At any time, and from time to time, upon request of Lender, Trustor 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 ta be filed, recarded,
<br />refiled, or rerecorded, as the case may be, at such times and in such officas 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 other documents as may, in the sole opinion of Lender, be necessary or desirable in order tv
<br />effec[uate, complete, perfect, continue, ar preserve (1) 7rustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens and security interests created by this pesd of Trust as first and prior liens on the Property, whether
<br />now pwned or heresfter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor shall
<br />reimburse Lender for all costs and expenses incurred in connection with the matters referred ta 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 Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's attorney-in-fact for
<br />the purpose of making, executing, delivering, filing, recqrding, and doing all qther things as may be necessary or desirable, in Lender's
<br />sols ppinion, ta aceomplish the matters referred to in the preceding paragraph.
<br />FULL P�RFOFiMANCE. If 7rustor pays all the Indebtedness, including without limitation all future advances, when due, and otherwise
<br />performs all the nbligations imqased upon Trustor under this Deed of Trust, Lender shall execute and deliver to 7rustee a request for full
<br />reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing
<br />Lender's security interest in the Rents and the Personal Property. Any recnnvayance fee required 6y law shall be paid by Trustor, if
<br />permitted by applicable law.
<br />EVEN7S 0� DEFAULI". �ach of the following, at Lander's optiqn, shall constitute an Event pf Default under this Deed of Trust:
<br />Payment Default. Trustor fails to make any payment when due under the Indsbtednass.
<br />Other Defaults. Trustor fails to comply with or to perform any other term, vbligation, covenant or condition contained in this Deed of
<br />Trust or in any of the Related Documents or ta comply with or to perform any term, obligation, covenant or condition contained in any
<br />other agreement between 4ender and Trustor.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant ar condition contained in this �eed of Trust, the Note
<br />or in any of the Related Documents.
<br />Default on Other Payments. Failure of Trustpr 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 to effect discharge of any lien.
<br />False Statements. Any warranty, representation or statement made or furnished to Lender by Trustor or on 7rustor's behalf under this
<br />Deed of Trust or the Related Documents is false or misleading in any material respect, either now or at the time made or fumished pr
<br />becomes false or misleading at any time thereafter.
<br />Defective Collateralization. This Deed ot Trust or any of the Related Documents ceases to be in full force and effect (including failure
<br />of any collateral document to create a valid and perfected security interest or lien) at any time and fpr any reason.
<br />Death or Insolvency. The death of Trustor, the insvlvency of 7rustor, the appointment pf a receiver for any part of trustor's property,
<br />any assignment for the benefit of creditors, any type of creditor workout, pr the commencement of any proceeding under any
<br />bankruptcy or insolvency laws 6y or against Trustor.
<br />Creditor qr Forfeiture Prpceedin.gs. Commencement of foreclosure or forfeiture proceedings, whethar by judicial proceeding, self-help,
<br />repossession or any other method, by any creditor of Trustor or by any gpvarnmental agency against any proper[y securing the
<br />Indebtedness. This includes a garnishment of any of Trustor's accounts, including deposit accounts, with Lender. However, this
<br />Event of Default shall not apply if there is a good faith dispute by Trustor as to the validity or reasonableness of the claim which is the
<br />basis of the creditor or forfeiture proceeding and if Trustar gives Lender writtan notice of the creditor or forfeiture proceeding and
<br />deposits with Lender monies or a surety bond for the creditor pr forfsiture proceading, in an amount determined by Lender, in its sole
<br />discretion, as being an adequate reserve or 6ond for the dispute.
<br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that is not
<br />remedied within any grace peripd provided therein, including without limitation any agreement concerning any indebtedness or other
<br />obligation pf Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any gusrantor, endorser, surety, pr accommodation
<br />party of any of the Indebtedness or any guarantar, endarser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes pr disputes the validity of, or liability under, any Guaranty of the Indebtedness.
<br />Adverse Change. A material adverse change occurs in Trustor's financial condition, or Lender believes the prospect of payment or
<br />performance of the indebtedness is impaired.
<br />Insecurity. Lender in good faith believes itself insecure.
<br />Existing Indebtedness. The payment of any installment of principal or any interest on the Existing Indebtedness is not made within the
<br />time required by the promissvey nate evidencing such indebtedness, or a dafault occurs under the instrument securing such
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