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� DEED OF TRUST 2 01 i 0 3 6 5 4
<br />Loan No: 1 01 241 1 06 (Colltinued) Page 5
<br />Furthe► Assurances. At any time, and from tlme to time, upon request of Lender, Trustor wlll maka, executa and deliver, or will ceuse
<br />to be made, executed or delivered, to Lende� or to Lender's designee, and when requested by Lender, cause to be filed, recorded,
<br />refiled, or rerecorded, es the case may be, at such times and in such otfices and places as Lender may deem appropriate, a�y and ell
<br />such mortgages, deeds of trust, security deeds, security agreements, financing statements, contlnuation statements, instruments of
<br />further essurance, certificates, end other documents es may, in the sole opinion of Lender, be necessary or desirable in order Co
<br />effectuate, complete, perfect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) th� liens and security interasts created by thls Deed of Trust as f(rst and prior tiens on the Property, whether
<br />now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender egrees to the corttrary in writing, Trustor shall
<br />reimburse Lender for all costs and expenses incurred in connection with the matters referred to in ihis paragreph.
<br />Attomey-in-Fact. If Trustor fails to do eny of the things referred to in the preceding paregraph, Lender may do so tor and in the name
<br />of Trustor and et Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as T�ustor's attorney-in-fact for
<br />the purpose of ineking, executing, delivering, filing, reco�di�g, and doing ali other things as mey be necessary o� desirable, in Lender's
<br />sole opinion, to accomplish the matters referred to in the precedtng paragraph.
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness, lncluding without limitation all future advances, when due, and otherwise
<br />performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
<br />reconveyance and shall execute and deliver to Trustor suitabie statements of termination of any financ(ng statement on file evidencing
<br />I.ender's security lnterest in the Rents and the Personal Property. Any reconveyance fee required by lew shall be paid by Trustor, if
<br />permltted by applicable law.
<br />EVENTS OF dEFAULT. Each of the following, at Le�der's option, shall constitute an Evant of Default under this Deed of Trust:
<br />Payment Defautt. Trustor teiis to make any payment when due under the Indebtedness.
<br />Other Dafaults. Trustor fails to comply with or to perform any other term, obl(gativn, oovenant or condition contained in this Deed of
<br />Trust or in any of the Related Documents or to comply with or to perform any term, obligation, covenant or condition contafned in any
<br />other agreement between Lender and Trustor.
<br />Compliancs Dsfauk. Failure to comply with any other term, obligation, covenant or condition contained in th[s Desd of Trust, the Note
<br />or in any of the Reiated Documents.
<br />Default on Other Paymerrts. Fallure of Trustor within the ttme required by thls Dead of 7rust to make any payment for taxes or
<br />insurance, or any other payment necessary to prevent ftling of or to effect discharge of any lien.
<br />False Statements. Any warranty, �epresentetion or statement made or furnished to Lender by Trustor or on Trustor's behalf under this
<br />Deed of Trust or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished or
<br />becomes false or misleading at any time thereafter.
<br />Defactive Collateralization. This Deed of Trust or any of xhe Related Documents ceases to be in full force and affect (includfng failure
<br />of any collateral document to create a valid and perfacted security Interest or lien) st any time and for any resson.
<br />Death or Insolvency. The deeth of Trustor, the [nsolvency of Trustor, the appointment of a receiver for any part of Trustor's property,
<br />any ass(gnment for the benefit of creditors, any type of creditor workout, or the commencement of eny proceeding u�dar any
<br />bankruptcy or insolvency laws by or against 7rustor.
<br />Greditar or Forfelture Proceedings. Commencement of foreclosure or forfeiture proceedings, whethe� by judtciel proceeding, self-help,
<br />repossession or any ather method, by any credito� of Trustor or by any governmentel agency agalnst any property securing the
<br />Indebtedness. This inciudes a garnishment of any nf Trustor's accounts, including deposit accounts, with Lender. However, this
<br />Event of Default shalf not apply it there is s good faith dispute by Trustor as to the validity or reasonableness of the cleim which is the
<br />basis of the creditor or torfelture proceeding and if Trustor gives Lender written notice of the creditor or forfeiture proceeding and
<br />deposits with Lender monias or a surety bond for the credttor or forfeiture proceeding, in an amount determined by lender, in its sole
<br />discretion, as being en adequate reserva or bond for the dispute.
<br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that is not
<br />remedied within eny grece period provlded therein, including wlthout limitetion any agreement concerning any indebtedness or other
<br />obligation ot Trustor to Lender, whether existing now or later.
<br />Events Aff�cting Gua�antar. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation
<br />party of any of the Indebtedness or any guara�tor, endorser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes or disputes the validity of, or liability under, eny Guaranty of the Indebtednesa.
<br />Adverse Change. A material adverse change occurs in Trustor's financial condition, or Lender believes the prospect of payment or
<br />performancs of the Indebtedness is impaired.
<br />Insecu�ity. Lender in good faith believes itseif insecure.
<br />Existing lndebtsdness. The payment of eny installment of principal or any interest on the Existing Indebtedness is not mede within the
<br />time required by the promissory note evidencing such indebtedness, or a default occurs under the lnstrumant securing such
<br />indebtedness and is not cured duri�g any applicable grace period 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 default, other than a default in payment is curable and if Trustor has not been given a notice of a breach of the
<br />seme provision of this Deed of Trust withln the preceding twelve f12) months, it may be cured if Trustor, after Lender sends written
<br />notice to Trustor demanding cure of such default: �1) cures the default within fifteen (15) days; or {2) if the cure �equires more than
<br />fifteen (15) deys, immediately initiates steps which Lender deems in Lender's sole discretio� to be sufficient to cure the defeult and
<br />thereafter continues and completes all reasonsble and necessary steps sufficient to produce compliance as soon as reasonably
<br />praotical.
<br />RIGH7S AND REMEDIES OAl DEFAULT. If an Event of Default occurs under xhis Desd of Trust, at eny time thereafter, Trustee or Lender
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