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2U1108371
<br />DEED OF TRUST
<br />(Continued)
<br />Page 4
<br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party) from which information concerning
<br />the security interest granted by this Deed of Trust may be obtained (each as required by the Uniform Commercial Code)
<br />are as stated on the first page of this Deed of Trust.
<br />FURTHER ASSURANCES; ATrORNEY-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 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) Trustor's obligations under the Note, this Deed of Trust, and the Related Documents, and (2)
<br />the liens and security interests created by this Deed of Trust as first and prior {iens on the Property, whether now owned
<br />or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor shall
<br />reimburse Lender for ali costs and expenses incurred in connection with the matters 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 />Trustor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing ali 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 Trustor pays all the Indebtedness, including without limitation all future advances, when due, and
<br />othervvise performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to
<br />Trustee a request for fuil reconveyance and shall execute and deliver to Trustor suitable statements of termination of any
<br />financing statement on file evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyance
<br />fee required by law shall be paid by Trustor, if permitted by applicabie 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. Trustor faifs to make any paymerrt when due under the Indebtedness.
<br />Other Defaults. Trustor fails to comply with or to perform any other term, obligation, covenant or condition contained in
<br />this Deed of Trust or in any of the Related Documents or to comply with or to perform any term, obligation, covenant or
<br />condition contained in any other agreement between Lender and Trustor.
<br />Compliance Default. Failure to compiy 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 />Default 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 Grantor default under any loan, extension of credit, security agreement,
<br />purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect
<br />any of Grantor's property or Grantor's abiliry to repay the Indebtedness or Grantor's ability to pertorm Grantor's
<br />obligations under this Deed of Trust or any of the Related Documents.
<br />False Statements. Any warranty, representation or statement made or furnished to Lender by Trustor or on Trustor's
<br />behalf under this Deed of Trust or the Related Documents is false or misleading in any material respect, either now or at
<br />the time made or furnished or becomes false or misleading at any time thereafter.
<br />Defective Collateralization. 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 />anyreason.
<br />Death or Insolvency. The death of Trustor, the insolvency of Trustor, the appointment of a receiver for any part of
<br />Trustor's property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any
<br />proceeding under any bankruptcy or insolvency laws by or against Trustor.
<br />Creditor or Forfeiture Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial
<br />proceeding, se{f-help, repossession or any other method, by any creditor of Trustor or by any governmental agency
<br />against any property securing the Indebtedness. This includes a garnishment of any of Trustor's accounts, including
<br />deposit accounts, with Lender. However, this Event of Default shall not apply if there is a good faith dispute by Trustor
<br />as to the validity or reasonabfeness of the claim which is the basis of the creditor or forfeiture proceeding and if Trustor
<br />gives Lender written notice of the creditor or forfeiture proceeding and deposits with Lender monies or a surety bond for
<br />the creditor or forfeiture proceeding, in an amount determined by Lender, in its sole discretion, as being an adequate
<br />reserve or bond for the dispute.
<br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and
<br />Lender that is not remedied within any grace period 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, or
<br />accommodation party of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or
<br />becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness.
<br />Adverse Change. A material adverse change occurs in Trustor's financia� condition, or Lender believes the prospect of
<br />payment or performance of the Indebtedness is impaired.
<br />Insecurity. Lender in good faith believes itself insecure.
<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
<br />breach of the same provision of this Deed of Trust within the preceding iwelve (12) months, it may be cured if Trustor,
<br />after Lender sends written notice to Trustor demanding cure of such default: (1) cures the default within hnrenty (20)
<br />days; or (2) if the cure requires more than iwenty (20) days, immediately initiates steps which Lender deems in Lender's
<br />sole discretion to be sufficient to cure the default and thereafter continues and completes all reasonable and necessary
<br />steps sufficient to produce compliance as soon as reasonably practical.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter,
<br />Trustee or Lender may exercise any one or more of the fol{owing rights and remedies:
<br />Acceleration Upon Default; Additional Remedies. If any Everrt of Defauit occurs as per the terms of the Note
<br />secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable and the
<br />same shall thereupon become due and payable without any presentment, demand, protest or notice of any kind.
<br />Thereafter, �ender may:
<br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed
<br />by a court and without regard to the adequacy of its securiry, enter upon and take possession of the Property,
<br />or any part thereof, in its own name or in the name of Trustee, and do any acts which it deems necessary or
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