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DEED OF TRUST
<br />(Continued) �, 0110 6 512 page 4
<br />remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assembte any
<br />Personel Property not affixed to the Property in a manner and at a place reasonably convenient to Trustor and
<br />Lender and make it available to Lender within three (3) deys efter receipt of written demand from Lender to the
<br />extent permitted by epplicable law.
<br />Addresses. The meiling addresses of Trustor (debtor) and Lender (secured party) from which information
<br />concerning the security interest granted by this Deed of Trust may be obtained ieach as required by the Uniform
<br />Commercial Code) 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 />attorney-in-fact are a part of this Deed of Trust:
<br />Further Assurances. At eny 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, ceuse to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices
<br />and places as Lender may deem appropriate, any and ell such mortgages, deeds of trust, security deads, security
<br />agreements, financing statements, continuation stetements, instruments of further assurance, certificates, and
<br />other documents as mey, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />peffect, continue, or preserve (1) Trustor's obligations under the Note, this Deed of Trust, and the Related
<br />Documents, and (2) the liens end security 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
<br />matters referred to in this paregraph.
<br />Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may do so
<br />for and in the name of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably eppoints
<br />Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all
<br />other things as may be necessery or dasirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph,
<br />FULL PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future advances, whan due,
<br />and othervvise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and
<br />deliver to Trustee a request for full reconveyance end shall execute and deliver to Trustor suitable statements of
<br />termination of any financing statement on file evidencing Lender's security interest in the Rents and the Personal
<br />Property. Any reconveyance fee required by law shall be paid by Trustor, If permitted by applicable law.
<br />EVENTS OF DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust if any of the following
<br />happen:
<br />Payment Default. Trustor fails to make eny payment when due under the Indebtedness.
<br />Break Othar Promises. Trustor breaks any promise made to Lender or fails to perform promptly at the time and
<br />strictly in the manner provided in this Deed of Trust or in any agreement related to this Deed of Trust.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained in this
<br />Deed of Trust, the Note 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
<br />for taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
<br />Felse Statemants. Any representation or statement made or furnished to Lender by Trustor or on Trustor's behalf
<br />under this Deed of Trust or the Related Documents is false or misleading ln any material respect, either now or at
<br />the time made or furnished.
<br />Defective Collateralizetion. This Deed of Trust or any of the Related Documents ceases to ba in full force and
<br />effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any
<br />time and for any reason.
<br />Death or Insolvency. The death of Trustor, the insolvency of Trustor, the appointment of a receiver for any pert of
<br />Trustor°s property, any assignment for the benefit of creditors, eny type of creditor workout, or the
<br />commencement of any proceeding under any bankruptcy or insolvency laws by or against Trustor.
<br />Taking of the Property. Any creditor or governmental agency tries to take any of the Property or any other of
<br />Trustor's property in which Lender has a flen. This includes taking of, garnishing of or levying on Trustor's
<br />accounts with Lender. However, if Trustor disputes in good faith whether the claim on which the taking of the
<br />Property is based is valld or reasonable, and if Trustor gives Lender written notice of the ctaim and furnishes
<br />Lender with monies or a surety bond satisfactory to Lender to satisfy the claim, then this default provision will not
<br />apply.
<br />Breach of Other Agreemerrt. Any bresch by Trustor under the terms of any other agreement between Trustor and
<br />Lender that is not remedied within any grace per(od provided therein, including without limitation any agreement
<br />concerning any indebtedness or other obligation of Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety,
<br />or eccommodation party of eny of the Indebtedness or any guarantor, endorser, surety, or accommodation party
<br />dies or becomes incompetent, or revokes or disputes the validlty of, or liability under, any Guaranty of the
<br />Indebtedness.
<br />Insecurity. Lender In good faith believes itself insecure.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event ot Default occurs under this Deed of Trust, at any time thereafter,
<br />Trustee or Lender may exercise any one or more of the following rights and remedies:
<br />Accelerat(on Upon Default; Addittonal Remedies. If any Event of Default occurs as per the terms of the Note
<br />secured hereby, Lender may declare ell Indebtedness sacured by this Deed of Trust to be due and payable and
<br />the same shall thereupon become due and peyable without any presentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may:
<br />(a) Either in person or by egent, with or without bringing any action or proceeding, or by a receiver
<br />appointed by e court and without regard to the adequacy of Its security, enter upon and take possession
<br />of the Property, or any part thereof, in its own neme or in the name of Trustee, and do any acts which it
<br />deems necessery or desirable to preserve the value, marketability or rentability of the Property, or part of
<br />the Property or interest in the Property; increase the income from the Property or protect the securlty of
<br />the Properry; and, with or without taking possession of the Property, sue for or otherwise coltect the
<br />rents, issues and profits of the Property, including those past due and unpaid, and apply the same, less
<br />costs and expenses of operation and collection attorneys' fees, to any indebtedness secured by this Dead
<br />of Trust, all in such order as Lender may determine. The entering upon and taking possession of the
<br />Property, the collection of such rents, issues and profits, and the application thereof shall not cure or
<br />waive any default or notice of default under this Deed of Trust or invalidate any act done in response to
<br />such defeult or pursuant to such notice of default; and, notwithstanding the continuance in possession of
<br />the Property or the collection, receipt and applicetion of rents, issues or profits, Trustee or Lender shall
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