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Loan No: 107 3 3
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<br />page of this Deed of Trust.
<br />DEED OF TRUST
<br />�continueal 2 p 10 0 9 4 S G Pa 5
<br />FURTHER ASSURANCE5; ATTORN6Y-IN-FACI'. The following provisions retating 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 l.ender, 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 to be filed, racorded,
<br />refiled, or rerecorded, as the case may be, at such times and in such offices and ptaces as Lender may deem appropriata, any and all
<br />such mortgages, deeds vf trust, security deeds, security �greements, financing statements, continuation statements, ins[ruments of
<br />further assurance, certificates, and other documents as may, in the sole opinipn of Lender, be necessary or desirable in order to
<br />effectuate, complete, perfect, continue, or preserve (1) Borrower's and Trustor's obligations under the Npte, this Deed of Trust, and
<br />the Related Documents, and (2) the liens and security interests creatad by this Deed of Trust as first and prior liens on the Property,
<br />whether now owned or hereafter acquired by Trustor. Unless prphibited by law or Lender agrees to the contrary in writing, Trustvr
<br />shall reimburse Lender for all costs and expenses incurred in connec[ion with the matters referred to in this paragraph.
<br />Attvrney-in-Fact. If Trustor fails to do any af the things referred to in the preceding paragraph, Lender may do so for end in the name
<br />of Trustor and at 7rustor's expense. For such purposes, Trustar hereby irrevocably appoints Lender as Trustor'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 accpmplish the matters referred tn in the preceding paragraph.
<br />FULL PERFdRMANCE. If Borrower and Trustor pay all the Indebtedness when due, and Trustor otherwise performs all the obligations
<br />imposed upon Trustor under this Deed of Trust, L�nder shall execute and deliver to Tru5tee a request for full reconveyance and shall
<br />execute and deliver to 7rustor suitable statements of termination of any financing statament on file evidencing Lender's security interest in
<br />the Rents and the Personal Property. Any recpnveyance fea required by law shall be paid by 7rustor, if permitted by applicable law.
<br />EVEN7S OF DEFAULT. Each of the follawing, at Lender's option, shall constitute an Event of Default under this Deed of Trust:
<br />Payment 1?efault. Borrower fails to make any payment when due under the Indebtedness.
<br />Other Defaults. Borrower or 7rustor fails to comply with or to perform any other term, obligation, covenant or condition cantained in
<br />this Deed of Trust or in any of the Related Documents or to comply with or to perform any term, obligation, covenant ar condition
<br />contained in any other agreement between Lender and Borrower or Trustor.
<br />Compliance Dafault. Failure to comply with any other term, obligation, covenant or condition contained in this Deed of Trus[, the Note
<br />or in any of the Related Documents.
<br />Default on Other Payments. Failure of Trustor within the time required by this Desd of Trust to make any payment fpr taxes or
<br />insuranca, ar any other payment necessary to prevent filing of pr to effect discharge of any lien.
<br />Faise Statements. Any warranty, representetion or statement made or furnished to Lender by Borrower or Trustor or on 8orrower's or
<br />Trustor's behalf under this Deed of Trust or the Related Documenis is false or misleading in any material respect, either nnw or at the
<br />time made or furnished or becomes false or misleading at any time thereafter.
<br />Dafective Collateralization. This Deed of Trust or any of the Related Documents ceases to be in full farce and effect (including failure
<br />of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.
<br />Insolvency. Tha dissolutian or termination of 8orrower's or Trustor's existence as a going busineas, the insolvency Of Borrower or
<br />Trustor, the apppintment of a receiver for any part of Borrower's ar Trustor's property, any assignment for the benefit of creditors,
<br />any type of creditor workout, or the commenpement of any proceeding under any bankruptcy or insolvency laws by or against
<br />8orrower qr Trustor.
<br />Creditor or Forfeiture Proceedings. Cammencement of foreclosure ar forfeiture prnceedings, whether by judicial proceeding, self-help,
<br />repossessipn or any other method, by any creditar of 8orrower ar Trustor or by any governmental agency against any property
<br />sacuring the Indebtedness. This includes a garnishment of any of Borrower's or Trustor's accounts, including deposit accounts, with
<br />Lender. However, this Event of Default shall not apply if there is a good faith dispute by Borrower or Trustor as to the validity or
<br />reasonableness pf the claim which is the basis of the creditor or forfeiture proceeding and if Borrower ar Trustor gives Lender written
<br />notice af the creditor or fprteiture proceeding and deposits with Lender monies or a surety bond for the craditor or forfeiture
<br />pracaeding, in an amount determined by Lender, in its sola discretion, as being an edequate reserva or bond for the dispute.
<br />Breeah of Other Agreemant. Any breach by Borrower or Trustor under the terms of any other agreement bstween Borrower or
<br />Trustor and Lender that is not remedied within any grace period provided therein, including withaut limitation any agreement
<br />concerning any indebtedness or other obligation of Borrower or 7rustor to Lender, whether existing now or 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 guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes or disputes the validity of, or liability under, any Guaranty of the Indsbtedness.
<br />Adverse Change. A material adverse change occurs in Borrower's or Trustor's financial candition, or Lender believes the prpspect of
<br />payment or performance of the Indebtedness is impaired.
<br />Insecurity. l.ender in good faith believes itself insecure.
<br />Existing Indehtedness. The payment of any instailment of principal or any interest an the Existing Indebtedness is not made within the
<br />time required by tha promissory note evidencing such indebtedness, ar a default occurs under the instrument securing such
<br />indebtedness and is not cured during any applicable grace period in such instrumant, or any suit or other action is commenced to
<br />foreclose any existing lien on the Property.
<br />Right to Cure. If any default, other than a default in payment is curable and if Trustor has not been given a notice of a breach of the
<br />same provision of this Deed of Trust within the preceding twelve (12) mvnths, it may be cured if 7ruator, after Lender sends written
<br />notice to 6orrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more
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