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' � DEED OF TRUST 2 01 i U 8 3 3 4
<br />Loan No: 101246521 (C011tinued) Page 6
<br />Addresses. The mailing addresses of Trustor idebtor) 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 />Commerciai Code) are as stated on the first page of this Deed of Trust.
<br />FllRTHER ASSURANCES; ATTORNEY-IN-FACT. The foilowing provisions relating to further assurances and
<br />attorney-in-fact are a part of this Deed of 7rust:
<br />Further Assurances. At any time, and from time to time, upon request of Lender, Trustor wili 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 fifed, recorded, refiiled, or rerecorded, as the case may be, at such times and in such offices
<br />and places as Lender may deem appropriate, any and ail such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments of turther assurance, certificates, and
<br />other documents as may, in the sofe opinion ofi Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Borrower's and Trustor's obligations under the Note, this Deed of Trust, and
<br />the Related Documents, and (2) the liens and security interests created by this Deed of Trust on the Property,
<br />whether now owned or hereafter acquired by l"rustor. Unless prohibited by law or Lender agrees to the contrary in
<br />writing, Trustor shall reimburse Lender for all costs and expenses incurred in connection with the matters referred
<br />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
<br />for and in the name of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevocably appoints
<br />Lender as Trustor's attorney-in-fact for the purpose of making, executing, delivering, fifing, recording, and doing atl
<br />otfier things as may be necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Borrower and Trustor pay all the Indebtedness, including withoui limitation all future
<br />advances, when due, and Trustor otherwise performs all ihe obligations imposed upon Trustor under this Deed of Trust,
<br />Lender shall execute and defiver to Trustee a request for full reconveyance and shall execute and deliver to Trustor
<br />suitable statements of termination of any financing statement on file evidencing Lender's security interest in the Rents
<br />and the Personal Property. Any reconveyance fee required by law shall be paid by Trustor, if permitted by applicable
<br />law.
<br />EVENTS OF DEFAULT. Each of the following, at Lender's option, shall constitute an Event of Default under this Deed
<br />of 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 perform any other Yerm, obligation, covenant or
<br />condition contained in this Deed of Trust or in any ofi the Related Documents or to comply with or to perform any
<br />term, obligatio�, 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
<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 />False Statemerrts. Any warranty, representation or statement made or furnished to Lender by Borrower or Trustor
<br />or on Borrower's or Trustor's behalf under this Deed of Trust or the Related Documents is false or misleading in
<br />any material respect, either now or at the time made or furnished or becomes false or misleading at any time
<br />thereafter.
<br />Defective Collateralization. This Deed of Trust or any of Yhe Related Documents ceases to be in full force and'
<br />effecti (including failure of any collateral documenC to create a va{id and perfected security interesf or lien) at any
<br />time and for any reason.
<br />death or Insolvency. The dissolution or termination of Borrower's or Trustor's existence as a going business, the
<br />insolvency of Borrower or Trustor, the appointment of a receiver for any part of Borrower's or Trustor's property,
<br />any assignment for the benefit of creditors, any type of creditor workout, or the cammencement of any proceeding
<br />under any bankruptcy or insolvency laws by or against Borrower or Trustor,
<br />Creditor or Porfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, self-help, repossession or any other method, by any creditor of Borrower or Trustor or by any
<br />governmental agency against any propeRy securing the Indebtedness. This includes a garnishment of any of
<br />Borrower's or Trustor's accounts, including deposit accounts, with Lender. However, this Event of Default shall
<br />not apply if there is a good faith dispute by Borrower or Trustor as to the validity or reasonableness of the claim
<br />which is the basis of the creditor or forteiture proceeding and if Borrower or Trustor gives lender written notice of
<br />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
<br />dispute.
<br />Breach of Other Agreement. Any breach by Borrower or Trustor under the terms of any other agreement betwee�
<br />Borrower or Trustor and Lender that is not remedied within any grace period provided therein, including without
<br />limitation any agreement concerning any indebtedness or other obligation of Borrower or Trustor to Lender,
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