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DEED OF TRUST
<br />(Continued) 2 0110 fi 0 3 8 Page 4
<br />Subsequent Taxes. if any tax to which this section applies is enacted subsequent to the date of this Deed of Trust, this
<br />event shall have the same effect as an Event of Default, and Lender may exercise any or all of its available remedies for
<br />an Event of Default as provided below unless Trustor either (1) pays the tax before it b�omes delinquent, or (2)
<br />contests the tax as provided above in the Taxes and Liens section and deposits with Lender cash or a sufficient
<br />corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a security
<br />agreement are a part of this Deed of Trust:
<br />Security Agreement. This instrument shall constitute a Securiry Agreement to the extent any of the Property constitutes
<br />fixtures, and Lender shall have all of the rights of a secured party under the Un'rform Commercial Code as amended from
<br />time to time.
<br />Security Interest. Upon request by Lender, Trustor shall take whatever action is requested by Lender to perfect and
<br />continue Lender's security interest in the Rents and Personal Property. In addition to recording this Deed of Trust in the
<br />real property records, Lender may, at any time and without further authorization from Trustor, file executed counterparts,
<br />copies or reproductions of this Deed of Trust as a financing statement. Trustor shall reimburse Lender for all expenses
<br />incurred in perfecting or continuing this security interest. Upon default, Trustor shall not remove, sever or detach the
<br />Personal Property from the Property. Upon default, Trustor shall assemble any Personal Property not affixed to the
<br />Property in a manner and at a place reasonably convenient,t,� Trustor and Londer and make it avai�able #o Lender within
<br />three (3) days dfter receipt of written demand from Lender to the extent permitted by applicabfe law.
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party) from which information conceming
<br />the security interest granted by this Deed of Trust may be obtained (each as required by the Unfform Commercial Code)
<br />are as stated on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further assurances and
<br />attomey-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor will make, execute and
<br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by
<br />Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices and
<br />places as Lender may deem appropriate, any and all such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments of further assurance, certificates, and other
<br />documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect,
<br />continue, or preserve (1) Borrower's and Trustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens and securiry interests created by this Deed of Trust as first and prior liens on the
<br />Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the
<br />contrary in writing, Trustor shall reimburse Lender for all costs and expenses incurred in connection with the matters
<br />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
<br />and in the name of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints Lender as
<br />TrustoPs attomey-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all other things as
<br />may be necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in the preceding
<br />paragraph.
<br />FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness, including without limitation all future advances,
<br />when due, and Trustor otherwise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall
<br />execute and deliver to Trustee a request for full reconveyance and shall execute and deliver to Trustor suitable statements of
<br />termination of any tinancing statement on fila evidencing Lender's §ecurity interest in the Rents and the Personal Property.
<br />Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Default under this Deed of
<br />Trust:
<br />Payment Default. Borrower fails to make any payment when due under the Indebtedness.
<br />Other Defaults. Borrower or Trustor fails to comply with or to pertorm any other term, obligation, covenant or condftion
<br />contained in this Deed of Trust or in any of the Related Documents or to comply with or to perform any term, obligation,
<br />covenant or condition contained in any other agreement between Lender and Borrower or Trustor.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained in this Deed of
<br />Trust, the Note or in any of the Related Documents.
<br />Defautt on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment for
<br />taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
<br />Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, e�ension of credft, security
<br />agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may
<br />materially affect any of Borrower's or any Grantor's property or Borrower's ability to repay the Indebtedness or Borrower's
<br />or Grantor's ability to perform their respective obligations under this Deed of Trust or any of the Related Documents.
<br />False Statements. Any warranty, representation or statement made or fumished to Lender by Borrower or Trustor or on
<br />Borrower's or Trustor's behalf under this Deed of Trust or the Related Documents is false or misleading in any material
<br />respect, either now or at the time made or fumished or becomes false or misleading at any time thereafter.
<br />Defective Coliateralization. This Deed of Trust or any of the Related Documents ceases to be in full force and effect
<br />(including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for
<br />any reason.
<br />Insolvency. T.he diss�lution or termination of Borrowec's or Trustor's existen�e as a. going business, the insolvencx of
<br />�orrower or Trustor, the appointment of a receiver for any part of BorrowePs or Trustor's property; any assignment for
<br />the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or
<br />insolvency Iaws by or against Borrower or Trustor.
<br />Creditor or Forfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, self-help, repossession or any other method, by any credftor of Borrower or Trustor or by any govemmental
<br />agency against any property securing the indebtedness: This includes a gamishrrient of any �f Barrower's or TrustoPs
<br />accounts, including deposft accounts, with Lender. However, this Event of Default shall not apply ff there is a good faith
<br />dispute by Borrower or Trustor as to the validity or reasonableness of the claim which is the basis of the creditor or
<br />forfeiture proceeding and if Borrower or Trustor gives LQnder written notice of the creditor or forfeiture proceeding and
<br />deposits with Lender monies or a surety bond for the creditor or forfefture proceeding, in an amount determined by
<br />Lender, in its sole discretion, as being an adequate reserve or bond for the dispute.
<br />Breach of Other Agreement. Any breach by Borrower or Trustor under the terms of any other agreement between
<br />Borrower or Trustor and Lender that is not remedied within any grace period provided therein, including without
<br />limitation any agreement conceming any indebtedness or other obligation of Borrower or Trustor to Lender, whether
<br />existing now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or
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