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<br />" D��D QF TR!�ST
<br />., Loan No: 9Q123468$ (�Qnt111Ue[�:)
<br />Rage 5.
<br />raconveya.n.C� @nd shp)I execute and deliver to Trustor suitahle atetemen.X� of t�rminati.an p.f any financi�g statement on file evidpncing
<br />C.enda.r`s sscurity inte.rest in the Fients and the Personal Property. Any reconvny�nC� fee required by law sh811 bo paid by Trustar, it
<br />p8rmitted by ap'pliCable laW.
<br />�VENTS �F I���AIJI.T. Each of the follp'wing, a't Lender's pption, shall conatitute an �vent of qsfault under tFiis Dead of 7rust:
<br />Payment Def�ult. Trustar faiis to make any payment when due under the Indehtednese.
<br />Q#her qefaults. Trustor fails to cornpiy with ar ta parform. any o�her term, obligatio.n, co�enant or candition contained in this �eed of
<br />Tr.u.st or in any of th:e Re.lated Doc.uments or to co.mply with Q.r tn. perform eny tQrm, obligation, covenant or condiEion contained in any
<br />oth8r agreement betwean Lender and �1'rusior.
<br />Complianc� De..fsult: Failure tp camp.ly wlth any other Csrm, obligation, covenant or conditian contained in this Deed of Trust, the Note
<br />or in eny of thA iielated Docurrlents.
<br />De.fault on Other Payments. �aflu�e. of Tru�tal wfthfn the time r8quired by this peed of Trust to make. any payment for taxes or
<br />insur�nce, pr �ny pkhek payment necessary to prevent filing of or to effect disaherge of any li�n.
<br />F�I�e 5tatem.9nta.: Arly w�rr�nty repre�e.ntation. or $fa�errjQnt made or furnigh�d tv Lander t�y Trustar or on 7rustor's behalf un.d.er this
<br />Da�d of Tru$t pr ih@ Rela:fed DpG,u'rri:e.nt9. is f�ls� or misleading in any material rsape.ct eithar naw pr at the tim.e made vr furnished pr
<br />becomes fal.se or misleading a.t any tirr�e thereafter:
<br />D�tectiva CC11et6Calization. This D�ed of 7rust pr any of the Related []ocuments ceeses tq be in full force and effect lincluding failure
<br />pt an.y �ollataral dovument tb creete a valid and perfected security interest a'r lien? at any tirne and for any reason:
<br />Deqth ar 1�1SVlve.ncy. Ths deaih D� Trualor th� insolvency oT TrustQr; the a�pqint 'ment of a r�Geivet for pny part ot 7rustar's properry,
<br />ar�y assignment. fv:r thg ben�fi:t, of credito��,. any [ype o.f cretlitar workout, or the cvmmerr,cement af any pCoceeding under any
<br />kienkrUptcy ar in"snlvsncy lavai$ by o.r a�ainst Trustar,
<br />Greqi'tpr or Forfa.hur� Procee.din�s.. G.o'mmen.ceirient af forpclosure o.r forte.iture �roceQdings, whether by judi�ial. procneding, self-help,
<br />reposses.sio.n or any ather methad, kiy an.y creditot of TrustoT o.� by a�y gpvernm�ntal a�enc.y d.�singt any p securin� tho
<br />Indsbtedneas. TFiis in.clucles a garnishmen.t 'of 8ny of Trifg.tor's s.aCtlunts inGludin� d�pasft aco.ounts; wiCh Len'�er. Howeyer, this
<br />Event Gf pef�ult sliall no`t apR�Y if there is a.gp,pd. f�flh dis.pUta by Tri�atpr ss to: the v.ali�fif.y or reasonableness qf �h@ claim whle:h is the
<br />basis, af th� creditor or foCfaiturs p�oc.aedi'n� �rs.d if 7ru.stor gives Lend�r wricteji no.tic� qf the cr�ditpi or fp.r•fgiture pPpce�cli�g and
<br />deposit� with LendQ� tnpni�� or� �. awr@�i,j� �phd. faf the credito.r or forfeitu[e pracoeding, in an amaunt dete.rm1netl by L�nder, in ifs sole
<br />discreti�n, as being an edeq�Hts� ; C���r,xr..j�� ar band for tli'e dis.pute.
<br />8reach of Othe� Agrue�� A��' pr�ech k�y, Tr�sfor under t��, tarms qf any othar agr,�eme,� ��tween TrustOr sncl Lender th�t is not
<br />remedied within any ,gP�c�► �ieritlsf prqv�l�d '�h�re��; t�l�udinp V�}���w�k, I��t�ata� prt� ��;�aert�`it"'�or�.errr��g �{�y �radebtedness nr othec
<br />vbligation of TrusXar 4a LHf�d��; �1ti'g�il�g �Y'ol�.�t la�r,. , ,,
<br />Events Affactirl� �Gu�lr�htnr� i4n.y qf tl�e pre�.edl`ng ev�r�ts�bapur� �/itF�`��s�3�ct 'to E�rtiy end6�e1", ��r9`f.y, or accommodatipn
<br />party of any At.:'�Iie Indeptetlne.ss o� eny guar.anto.r, endor�e.r, surety� ar eccorrtmocl.etinn party dfes nr bec�mes incompetent, or
<br />revokes or disputss thg. velidity vf, pr liajbility under, sny Guaranty nf the Indebtt�dnesa.
<br />Adv��se Ghang�.: A m�terial adv.�rse c.hange occurs in Trugtar's financiei conditi�an, or Lender believes thq praspect af payment or
<br />perfarmanc.e of t►ie Indeb'tedness i� ftripaired.
<br />Insacuri#y, Lender in goad faith. b�liave.s itself inse.c;ure:
<br />Fiight tv Cure.. li any daf�ult, oth�� t�ian a d�taulT In paylnant is cura e.nd if Trustof has not beeti �iven a nOtice of a breapli of the
<br />sam.e prvvision a# th'is: pe�d. oi Trus.t w�thln th� pr�cedin� twelua i12) mvn#hs, it m�y b� cured if Tru�;t.qr,. after 4ender send.s writzan
<br />notiCe tq T�U�tar demandin,g cure. of au�h det.ault; 11) cures th� d�iault wiYhin fifteen 1151 d�ys,; ar (2) i.f the c�re requi�es more thsn
<br />fiftae.n (16). days., (mmedit�taly fnitietas. step� whic.h Le.nder da�ams in t,andar's sole d'iscration to be sufficient to cure ihe defa.ult and
<br />ther@atter aontinues end ca:rtipletes all reesvnstile arid nece.aspry steps sufficient to produce camplience as sann as reasonably
<br />precticsl.
<br />RIGHTS. AND REMEDIES ON DEPAULT, It an Event of befawlt occurs undar this, Deed nf Trust, at any time thereafter, Trustee nr Lender
<br />may exercise any one or mnra. nf the follnwing tl�hts and remedies:
<br />Acceleration Upa,n Defaplt; A.ddRlonal Remedies. If any �va,nt of Detault occurs a8. per the t,�rms af the Note secured hereby,
<br />I.end.ar may dec�al'a all Indebtedne8s securad by this Deed ot Trust tp be d.ua and payablp and. the same ahall thereupan became
<br />due and payable without any presentm�nt, demand, pro.tesC or notic� of any kind. 1'heTe�fte�; Lender may:
<br />(al. �ithe.r in person or by age�S, with or without bringing any action or proceading, or by a. rec.eiver sppointed by a court and
<br />without r@gard to the adaquacy nf i#s seaurity, enter upan and. take possessipn af the Rroperty oi eny paR thereof, in ita
<br />own name or in the nome o# Trustee, and d6 any acts. wh1Ch it deerr�s ne:ce.ssary n.r desirable td preserve the value,
<br />marketability or rentabillty of the Prdperty, or part of the Prbperty or interest in the Prpparty; incre�se the incame fram the
<br />Prop9rty or protect the security qf the Property; �nd, with or w.ifhvUt taking passessipn of the Property, sue fpr pr qtherwi3e
<br />collect the rents, issuss and p�ofits of the Property, including tfiose past due and unpaid, and ap:p.ly t�ie same, less costs and
<br />expensea of dp�ratiori and coUection atta�neys� feas, to. any indebtedness s'acured by this l�aed of 7rust, all in such order as
<br />Lender mey determine. Tha entaring upon and faking posseSsion pf tha Property, the collection of such rants, issues and
<br />prpfits, and the applicatipn therepf shall nnt cure or waive. any def.ault or notice of defeult under thig Deed nf 7rust or
<br />invalidate any acC dohe in response tb such default or pursuent to such notibe of default; and, notwifhstanding the
<br />continuanoe in posaesslpn af the Property or the collectiqn, rt�cgip.t and applicpti0n of rents, issues or profits. Trustee or
<br />Lender ahall he entitled to exerciae eVery rlg'hC prnVi2led far in the Note t�r the Related pocurrtents or by lew upon the
<br />occurrence of any event of deteult, including the right tp exarcise the pow�r af sale;
<br />Ib? Commence �n actipn to fpreclose this Deed of Trust as a martgage, appoinf � receiver or specifically enforce any pf the
<br />covenents hereof; and
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