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` DEED OF TRUST <br />Loan No: 101239912 (COlttlnued) 2 O� 10 3�. �'� Page 5 <br />Addresses. The mailing eddresses of Trustor (debtor> and Lender (secured party) from which information concerning the security <br />interest granted by this Deed of Trust may be o6tained (each as required by the Uniform Commerciel 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 assurences and attorney-in-fact are a part of <br />this Deed of Trust: <br />Further Assu�ances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and deliver, or will ceuse <br />to be made, executed or delivered, to Lender or to Lender's designee, end when requested by Lender, cause to be filed, recorded, <br />refiled, or rerecorded, as the case may be, at such times end in such offices and places as Lender may deem appropriate, any and all <br />such mortgages, deeds of trust, security deeds, security agreements, flnancing statements, continuation statements, instruments of <br />further assurance, certificetes, and other documents as mey, in the sole opinion of Lender, be necessary or desirable in order to <br />effectuate, complete, perfect, continue, or preserve (1) Borrower's end Trustor's obligations under the Note, this Deed of Trust, and <br />the Related Documents, and l2) the liens and security interests created by this Deed of Trust es 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, 7rustor <br />shell reimburse Lender for all costs and expanses incurred in connection 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 et Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's attomey-in-fect 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 paragreph. <br />FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness, including without limitation all future edvances, when due, end <br />Trustor otherwise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute end deliver to Trustee a <br />request for ful! reconveyance and shall execute and dellver to Trustor suitable statements of termination of any financing statement on file <br />evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyance fee required by law shell be paid by <br />Trustor, if permitted by app;icable law. <br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Default under this Deed of Trust: <br />Payment Default. Borrower fails to make any payment when due under the Indebtedness. <br />Other Defauits. Borrower or Trustor fails to comply with or to perform any other Yerm, obligatlon, covenant or condition contained in <br />this Deed of Trust or in any of the Relatad Documents or to comply with or to perform any term, obligation, covenant or condition <br />contained in any other egreement between Lender and Borrower or Trustor. <br />Compliance Defauk. Feilure to comply with any other term, obligation, covenant or condttion contained in this Deed of Trust, the Note <br />or in any ot the Related Documents. <br />Detauk on Other Payments. Failure ot Trustor withln the time required by this Deed of Trust to make any payment for taxes or <br />insurance, or eny other peyment necessary to prevent filing of or to affect dlscharge of eny lien. <br />False Statemer�ts. Any warranty, representetfon or statement made or furnished to Lender by Borrower or Trustor or on Borrower's or <br />Trustor`s behalf under this Deed of Trust or the Releted Documents is false or misleading in any materlal 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 />of eny collateral document to create a vaUd end perfected security interest or lien) et any time and for any reason. <br />Death or Insolvency. The death of Borrower or Trustor, the insolvency of Borrower or Trustor, the appointment of a receiver for any <br />part of Borrower's or Trustor's property, any asslgnment for the benefit of creditors, any type of creditor workout, or the <br />commencement of any proceeding under any bankruptcy or lnsolvency lews by or egainst Borrower or Trustor. <br />Creditor or Forfeitura Proceedings. Commencement of foreclosure or forteiture proceedings, whether by judicial proceeding. self-help, <br />repossession or any other method, by any creditor of Borrower or Trustor or by any governmental agency against any property <br />securing 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 />reasonab(eness of the ctaim which is the basis of the creditor or forfeiture proceeding and if Borrower or Trustor gtves Lender written <br />notice of the creditor or forfeiture proceeding and deposits with Lender monies or a surety bond for the creditor or forfeiture <br />proceeding, in an amount determined by Lender, in its sole discretion, as being an adequate reserve or bond for the dispute. <br />Breach of Other Agraement. Any breach by Borrower or 7rustor under the terms of any other egreement between Borrower or <br />Trustor and Lender that is not remedied within any grace period provlded thereln, including without limitation any egreement <br />concerning any indebtedness or other obtigetion of Borrower or Trustor to Lender, whether existing now or later. <br />Everrts Affecting Quararrtor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation <br />party of eny of the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or <br />revokes or disputes the valldity of, or Ilability under, any Gueranty of the Indebtedness. <br />Adverse Change. A material adverse change occurs in Borrower's or Trustor's financial condition, or Lender believes the prospect of <br />payment or 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 eny interest on the Facisting Indebtedness is not made within the <br />time required by the promissory note evidencirtg such indebtedness, or a detault occurs under the instrument securing such <br />indebtedness and is not cured during any appUcable grace perlod in such instrument, or any suit or other action is commenced to <br />foreclose any existing lien on the Property. <br />Right to Cure. If any defeult, other then a defeult in payment is curable and if Trustor has not been given e notice of a breach of the <br />