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Loan No: 101244295'
<br />DEED OF TRUST �
<br />�Continued) � o�� 0 6�� o Page 5
<br />to governmental texes, fees and charges are a part of this Deed of Trust:
<br />Current Taxes, Fees and Charges. Upon request by Lender, Trustor shall execute such documents in addition to
<br />this Deed of Trust and teke whetever other action is requested by Lender to perfect and continue Lender's lien on
<br />the Real Property. Trustor shell reimburse Lender for all texes, as described below, together with all expenses
<br />incurred in recording, perfecting or continuing this Deed of Trust, including without limitetion all texes, fees,
<br />documentery stamps, end other charges for recording or registering this Deed of Trust.
<br />Taues. The following shall constitute texes to which this section applies: (1) a specific tax upon this type of
<br />Deed of Trust or upon all or eny part of the Indebtedness secured by this Deed of Trust; (2) a specific tax on
<br />Trustor which Trustor is authorized or required to deduct from payments on the Indebtedness secured by this type
<br />of Deed of Trust; (3) a tax on this type of Deed of Trust chargeable ageinst the Lender or the holder of the Note;
<br />end (4) a specific tex on all or eny portion of the Indebtedness or on peyments of principal and interest made by
<br />Trustor.
<br />Subsequent Taxes. If eny tex to which this section applies is enected subsequent to the date of this Deed of
<br />Trust, this event shall heve the ssme effect as en Event of Defeult, and Lender may exercise eny or all of its
<br />available remedies for an Event of Defeult as provided below unless Trustor either (1) pays the tax before it
<br />becomes delinquent, or i2) contests the tax as provlded above in the Taxes and Liens section and deposits with
<br />Lender cesh or a sufficient corporate surety bond or other security setisfectory to Lender.
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust es a
<br />security agreement are e pert of this Deed of Trust:
<br />Security Agreement. This instrument shell constitute a Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall heve all of the rights of a secured perty under the Uniform Commercial Code
<br />as amended from time to time.
<br />Security Irrterest. Upon request by Lender, Trustor shell take whatever action is requested by Lender to perfect
<br />and continue Lender's security interest in the Rents end Personal Property. In addition to recording this Deed of
<br />Trust in the real property records, Lender mey, et any time and without further euthorizstion from Trustor, file
<br />executed counterparts, copies or reproductions of this Deed of Trust es a financing statement. Trustor shall
<br />reimburse Lender for all expenses incurred in perfecting or continuing this security interest. Upon default, Trustor
<br />shall not remove, sever or detach the Personal Property from the Property. Upon default, Trustor shall assemble
<br />any Personal Property not affixed to the Properry in a manner and at e ptace reasonably convenient to Trustor and
<br />Lender and make it available to Lender within three i3) days after receipt of written demand from Lender to the
<br />extent permitted by applicable law.
<br />Addresses. The mailing 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 (each as required by the Uniform
<br />Commercial Code) are as steted on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provlsions releting to further assurances and
<br />attomey-in-fect are a part of this Deed of Trust:
<br />Further Assurances. At eny time, end from time to time, upon request of Lender, Trustor wlll make, execute end
<br />deliver, or will cause to be mede, executed or delivered, to Lender or to Lender's designee, and when requested by
<br />Lender, cause to be filed, recorded, refiled, or rerecorded, es the case may be, at such times end in such offices
<br />and places as Lender may deem appropriate, any end ell such mortgages, deeds of trust, security deeds, security
<br />egreements, financing statements, continuetion statements, instruments of further assurance, certificates, and
<br />other documents es may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Trustor's obflgations under the Note, this Deed of Trust, and the Releted
<br />Documents, and (2) the liens and security interests created by this Deed of Trust as first end prior liens on the
<br />Property, whether now owned or hereafter ecquired by Trustor. Unless prohibited by law or Lender agrees to the
<br />contrary in writing, Trustar shall reimburse Lender for ell costs end expenses incurred in connection with the
<br />matters referred to in this paragraph.
<br />Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding paregraph, 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 necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding peragraph.
<br />FULL PERFORMAIVCE. If Trustor pays all the Indebtedness when due, and othenwise performs all the obligations
<br />imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
<br />reconveyance end shall execute and deliver to Trustor suitable statements of termination of any flnancing statement on
<br />file evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyence fee required by law
<br />shall be paid by Trustor, if permitted by applicable law.
<br />EVENTS OF DEFAULT. Eech of the following, at Lender's optlon, shall constitute an Event of Default under this Deed
<br />of Trust:
<br />Paymerrt Default. Trustor fails to meke any payment when due under the Indebtedness.
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