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DEED OF TRUST `� p i d Q 9�19 (j
<br />�dan Na: �0�23�32s (Continued) Page 5
<br />Security Interest. Upon request by Lsnder, 7rustor shall take whatever action is requested by Lender to perfect and continue Lender's
<br />security interest in the Rents and Personal Property. In addition to recording this Deed of 7rust in the real property records, Lender
<br />may, at any time and without further authorization from Trustor, file executed caunterparts, copies or reproductions of this Deed of
<br />Trust as a financing statement. 7rustor shall reimburse Lender for all expenses incurred in perfecting or continuing this security
<br />interest. Upon default, 7rustor shall not remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall
<br />assemble any Personal Property not affixed to the Property 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 writtan demand from Lender to the extent permitted by applicable
<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 �eed of Trust may be obtained (each as required by the Uniform Commercial Code) are as stated on the first
<br />page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurances and attorney-in-fact are a part of
<br />this beed of Trust:
<br />Further Assurances. At any time, and from time to time, upon requast 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 Lendar, cause to be filed, recorded,
<br />refiled, or rerecorded, as the case may be, at such times and in such offices and places as Lender may desm appropriate, any and all
<br />such mortgages, daeds 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, 6e necessary or desirable in nrder to
<br />effectuate, complete, parfact, continue, or preserve 11) Borrower's and Trustor's obligations under the Note, this Deed of Trust, 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 now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor
<br />shall reim6urse Lender for all costs and expenses incurred in cnnnectinn with the matters referred to 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 hareby 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 accomplish the matters referred to in the preceding paragraph.
<br />FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness, including without limitation all future advances, when due, and
<br />Trustor otherwise performs all the obligations imposed upnn Trustor und�r this Deed of Trust, Lender shall execute and deliver to Trustee a
<br />request for tull reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on file
<br />evidencing Lender's security interest in the Renis and the Personal Property. Any racvnveyance fee required by law shall be paid by
<br />7rustor, if permitted by applicable law.
<br />EVENTS OF DEFAULT. Each of the foilowing, at Lender's optinn, shall constitute an Event of pefault under this Deed of Trust:
<br />Payment Defauh. Borrower fails to make any payment when due �nder the Indebtedness.
<br />Other Defaults. Borrower or Trustor tails to comply with or to perform any other term, obligatian, covenant or condition contained in
<br />this Deed of Trust or in any of the Related Documents or to comply with or to perform any term, pbligatiqn, covenant or condition
<br />cpntained in any othar agreement batwaen Lender and Borrower or Trustor.
<br />Compliance Default. Failure to comply with any other term, obligation, 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 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 ar statement made or furnished to Lender by Borrower or Trustor or on Borrower's or
<br />Trus[or's behalf under this Deed of Trust or the Related Documents is false or misleading in any material respect; either now or at the
<br />time made or furnished or becomes false or misleading at any time thereafter.
<br />Defective Collateralization. This Deed of Trust or any of the Related Documents ceases to be in full force and effect (including failure
<br />af any collateral document to create a valid and perfected security interest ar lien) at any time and for any reason.
<br />Insolvency. The dissolution or termination ot 8vrrower's or 7rustor's existence as a going business, the insolvency of Borrower or
<br />Trustor, the appointment of a receiver for any pert of Borrower's or 7rustor's property, any assignment for the benefit of creditors,
<br />eny type af creditor workout, or the commencement of any proceeding under any 6ankruptcy ar insolvency laws by or against
<br />Borrower ar Trustvr.
<br />Craditor ar Forfeiture Praceadings. Cammencement of foreclosure or forfeiture prncaedings, whsther by judicial praceeding, self-help,
<br />repossession or any other method, by any creditor of Borrower or Trustor or 6y any governmentel agency against any property
<br />securing the Indebtedness. This includes a garnishment of any of Borrower's or Trustor's accounts, including deposit accaunts, with
<br />Lender. However, this Event of Default shall no# apply if there is a good faith dispute by Borrower or Trustor as to the validity or
<br />reasonableness of the claim which is the basis of the creditor or forfeiture proceeding and if Borrower or Trustor gives Lender written
<br />natice of the creditor or forfeiture proceeding and deposits with Lendar monies or a surety bond for the creditor or forfeiture
<br />proceeding, in an ampunt determined by Lender, in its sole discretion, as being an adequate reserve or bond fpr the dispute.
<br />Braach of Other Agreement. Any breach by Borrower or Trustor under the terms af any other agreement between Borrower or
<br />Trustnr and Lendar that is not remedied 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 now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, suraty, 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 Indebtedness.
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