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DEED OF TRUST <br />(Continued) <br />IiQf[QKi[E <br />Page 4 <br />Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall exec ute such documents in addition to this Deed of Trust <br />and take whatever other action is requested by Lender to perfect and continue Lender's lien on the Real Property. Truster sha Ii <br />reimburse Lender for all taxes, as described below, together with all expenses Incurred in recording, perfecting or continuing this Deed <br />of TrList, including without limitation all taxes, fees, documentary stamps, and other charges for recording or registering this Deed of <br />Trust. <br />Taxes. The following shall constitute taxes to which this section applies: (1) a specific tax upon this type of Deed of Trust or upon <br />all or any part of the Indebtedness secured by this Deed of Trust; 4l a specific tax on Truster which Trustor is authorized or <br />required to deduct from payments on the Indebtedness secured by this type of Deed of Trust; (3) a tax on this type of Deed of Trust <br />chargeable against the Lender or the holder of the Credit Agreement; and (4) a specific tax on all or any portion of the indebtedness <br />or on payments of principal and interest made by Trustor. <br />Subsequent Taxes. If any tax to which this, section a ppl €es is enacted subsequent to the date of this need of Trust, this event shall <br />have the same effect as an Event of Default, and Lender may exercise any or all of its available remedies for an Evert of Default as <br />provided below unless Truster either (1) pays the tax before it becomes delinquent, or (2) contests the tax as provided above in the <br />Taxes and Liens section and deposits with Lender cash or a suf floie rat corporate surety bond or other security satisfactory to Lender. <br />SECURITY AG REEI ENT; FINANCfNG STATEMENTS. The following provisions relating to this Deed of Trust as a security agreement are a <br />part of this Deed of Trust: <br />Security Agreement. This instrument shall constitute a Security Agreement to the extent any of the Property constitutes fixtures, and <br />Lender shall have all of the rights of a secured party under the Uniform Commercial Code as amended from time to time. <br />Security Interest. Upon request by Leader, Trustor shall tape whatever action is requested by Leader to perfect and Gontinue Lender's <br />security interest in the Personal Property. In addition to recording this Deed of Trust in the real property records, Lender ,nay, at any <br />time and without further authorization from Truster, file executed counterparts, cop ies or reproductions of this Deed of Trust as a <br />financing statement. Truster shall reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon <br />default, Truster shall not remove, sever or detach the Personal Property from the Property. Upon default, Truster shall assemble any <br />Personal Property not affixed to the Property in a manner and at a place reasonably convenient to Trustor and Lender and mare it <br />available to Lender within three { � days after- receipt of written demand from Lender to the extent permitted by applicable law. <br />Addresses. The mailing addresses of Truster {debtor} and Lender (secured party) from which information concerning the security <br />interest granted by this need 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 Deed of Trust: <br />Further Assurances. At any time, and from time to timer upon request of Lender, Truster will make, execute and deliver, or will cause <br />to be made, exeGuted or delivered, to Leader 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 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 ,nay, in the sole opinion of Lender, be necessary or desirable in order to <br />effectuate, complete, perfect, continue, or preserve (1) Trustor's obligations under the Credit Agreement, 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 Truster. Unless prohibited by law or Lender agrees to the contrary in writing, Truster <br />shall reimburse Lender for all costs and expenses incurred in connection with the matters referred to in this paragraph. <br />Attorney -ire -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 Truster and at Trustor's expense. For such purposes, Truster hereby irrevocably appoints Lender as Trustor's attorney- in -feGt for <br />the purpose of ,-Waking, executing, delivering, filing, recording, and doing all other things as may be necessary or desirable, in Lender's <br />sole opinion, to a Gcornpllsh the ,natters referred to in the preceding paragraph. <br />FULL PERFORMANCE. If Truster pays all the Indebtedness when due, terminates the credit line account, and otherwise performs all the <br />obligations imposed upon Trustor under this Deed of Trust, Leader shall execute and deliver to Trustee a request for full reoonveyanoe and <br />shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing Leader's security <br />interest in the Rents and the Personal Property. Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable <br />law. <br />EVENTS OF DEFAULT. Truster will be in default under this Deed of Trust if any of the following happen; tA) Truster commits fraud or <br />makes a material misrepresentation at any time in connection with the Credit Agreement. This can include-, for example, a false statement <br />about Truster "s income, assets, liabilities, or any other aspects of Trustor's financial condition. 0 Trustor does not greet the repayment <br />terms of the Credit Agreement. (C) Trusters action or inaction adversely affects the collateral or Lender's rights in the collateral. This <br />oan include, for example, failure to ,maintain required insurance, waste or destructive use of the dwelling, failure to pay taxes, death of all <br />persons liable on the account, transfer of title or sale of the dwelling, creation of a senior lien on the dwelling without Lender's permission, <br />foreclosure by the holder of another lien, or the use of funds or the dwelling for prohibited purposes, <br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter, Trustee or Lender <br />may exercise any one or more of the following rights and remedies: <br />Aoceleration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Credit Agreement <br />secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable and the same shall <br />thereupon become due and payable without any presentment, demand, pro'tes't or notice of any kind. Thereafter, Lender may- <br />(a} Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and <br />without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, in its <br />own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the valuer <br />marketability or rentability of the Property, or part of the Property or interest in the Property; increase the income from the <br />