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DEED OF TRUST
<br />Loan No: 412420005782 (Continued)
<br />Page 5
<br />without bond if permitted by law. Lender's right to the appointment of a receiver shall exist whether or not the apparent value of the
<br />Property exceeds the Indebtedness by a substantial amount. Employment by Lender shall not disqualify a person from serving as a
<br />receiver.
<br />Tenancy at Sufferance. If Grantor remains in possession of the Property after the Property is sold as provided above or Lender
<br />otherwise becomes entitled to possession of the Property upon default of Grantor, Grantor shalt become a tenant at sufferance of
<br />Lender or the purchaser of the Property and shall, at Lender's option, either (a) pay a reasonable rental for the use of the Property, or
<br />(b) vacate the Property immediately upon the demand of Lender.
<br />Other Remedies. Trustee or Lender shall have any other right or remedy provided in this Deed of Trust or the Credit Agreement or by
<br />law.
<br />Notice of Sale. Lender shall give Grantor reasonable notice of the time and place of any public sale of the Personal Property or of the
<br />time after which any private sale or other intended disposition of the Personal Property is to be made. Reasonable notice shall mean
<br />notice given at least fifteen (15) days before the time of the sale or disposition. Any sale of Personal Property may he made in
<br />conjunction with any sale of the Real Property.
<br />Sale of the Property. To the extent permitted by applicable law, Grantor hereby waives any and all rights to have the Property
<br />marshalled. In exercising its rights and remedies, the Trustee or Lender shall be free to sell all or any part of the Property together or
<br />separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale on all or any portion of the Property.
<br />Expenses. To the extent not prohibited by applicable law, all reasonable expenses Lender incurs that in Lender's opinion are necessary
<br />at any time for the protection of its interest or the enforcement of its rights, shall become a part of the loan payable on demand, and
<br />shall bear interest at the Note rate from the date of expenditure until repaid. Expenses covered by this paragraph include, without
<br />limitation, however subject to any limits under applicable law, Lenders expenses for bankruptcy proceedings (Including efforts to
<br />modify or vacate the automatic stay or injunction) and appeals, to the extent permitted by applicable law.
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />Powers and Obligations of Trustee. The following provisions relating to the powers and obligations of Trustee are part of this Deed of
<br />Trust:
<br />Powers of Trustee. In addition to all powers of Trustee arising as a matter of law, Trustee shall have the power to take the following
<br />actions with respect to the Property upon the written request of Lender and Grantor: (a) join in preparing and filing a map or plat of
<br />the Real Property, including the dedication of streets or other rights to the public; (b) join in granting any easement or creating any
<br />restriction on the Real Property; and (c) join in any subordination or other agreement affecting this Deed of Trust or the interest of
<br />Lender under this Deed of Trust.
<br />Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of
<br />any action or proceeding in which Grantor, Lender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.
<br />Trustee. Trustee shall meet all qualifications required for Trustee under applicable law. In addition to the rights and remedies set forth
<br />above, with respect to all or any part of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender will
<br />have the right to foreclose by judicial foreclosure, in either case in accordance with and to the full extent provided by applicable law.
<br />Successor Trustee. Lender, at Lenders option, may from time to time appoint a successor Trustee to any Trustee appointed under
<br />this Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the office of the recorder of LANE County,
<br />State of Oregon. The instrument shall contain, in addition to all outer matters required by state law, the names of the original Lender,
<br />Trustee, and Grantor, the book and page where this Deed of Trust is recorded, and the name and address of the successor trustee,
<br />and the Instrument shall be executed and acknowledged by Lender or its successors in interest. The successor trustee, without
<br />conveyance of the Property, shall succeed to all the title, power, and duties conferred upon the Trustee in this Deed of Trust and by
<br />applicable law. This procedure for substitution of Trustee shall govern to the exclusion of all other provisions for substitution.
<br />Notices. Any notice required to be given under this Deed of Trust, including without limitation any notice of default and any notice of sale
<br />shall be given in writing, and shall be effective when actually delivered, when actually received by telefacsimile (unless otherwise required
<br />by law), when deposited with a nationally recognized overnight courier, or, if mailed, when deposited In the United States mail, as first
<br />class, certified or registered mail postage prepaid, directed to the addresses shown near the beginning of this Deed of Trust. All copies of
<br />notices of foreclosure from the holder of any lien which has priority over this Deed of Trust shall be sent to Lenders address, as shown
<br />near the beginning of this Deed of Trust. Any person may change his or her address for notices under this Deed of Trust by giving formal
<br />written notice to the other person or persons, specifying that the purpose of the notice is to change the person's address. For notice
<br />purposes, Grantor agrees to keep Lender informed at all times of Grantors current address. Unless otherwise provided or required by law,
<br />if there is more than one Grantor, any notice given by Lender to any Grantor Is deemed to be notice given to all Grantors. It will be
<br />Grantors responsibility to tell the others of the notice from Lender. Notwithstanding the foregoing, the address for notice for Lender Is:
<br />Chase, Attn: Home Equity Loan Servicing, P.O. Box 24714, Columbus, OH 43224.
<br />IDENTITY OF LENDER. Lender Is JPMorgan Chase Bank, N.A., a national banking association organized and existing under the laws of the
<br />United States of America, with its main offices located in Columbus, Ohio.
<br />Non-Waiver. A waiver by any party of a breach of a provision of this Deed of Trust shall not constitute a waiver of or prejudice the party's
<br />right otherwise to demand strict compliance with that provision or any other provision.
<br />Information Sharing. our privacy policy, which has been provided to you describes our information sharing practices and gives directions on
<br />how to opt out, or direct us to limit the sharing of Personal Information (as defined In the privacy policy) about you with other companies or
<br />organizations. You hereby agree that, if you choose not to exercise the opt outs described in the privacy policy, you will be deemed to
<br />have authorized us to share any Personal information about you (including information related to any of the products or services you may
<br />have with any JPMorgan Chase & Co. affiliate) with other companies or other organizations.
<br />Supplement to Personal Property Definition. It Is the Intention of Lender only to take a security interest in and retain a lien on that personal
<br />property considered fixtures under the Uniform Commercial Code as adopted In the jurisdiction where this Deed of Trust is filed of record as
<br />same may be amended from time to time or such other statute of such jurisdlctlon that defines property affixed to real estate and no other
<br />personal property.
<br />DUE ON SALE - CONSENT BY LENDER. Lender may, at Lenders option, declare immediately due and payable all sums secured by this
<br />Deed of Trust upon the sate or transfer, without Lenders prior written consent, of all or any part of the Real Property, or any interest in the
<br />Real Property. A "sale or transfer' means the conveyance of Real Property or any right, title or Interest In the Real Property; whether legal,
<br />beneficial or equitable; whether voluntary or involuntary; whether by outright sale, deed, installment safe contract, land contract, contract
<br />for deed, leasehold interest with a term greater than three (3) years, lease-option contract, or by sale, assignment, or transfer of any
<br />beneficial interest in or to any land trust holding title to the Real Property, or by any other method of conveyance of an interest in the Real
<br />Property. However, this option shall not be exercised by Lender if such exercise is prohibited by applicable federal or state law.
<br />Miscellaneous Provisions. The following miscellaneous provisions are a part of this Deed of Trust:
<br />Amendments. What Is written in this Deed of Trust and in the Related Documents is Grantor's entire agreement with Lender
<br />concerning the matters covered by this Deed of Trust. To be effective, any change or amendment to this Deed of Trust must be in
<br />writing and must be signed by whoever will be bound or obligated by the change or amendment.
<br />Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or
<br />define the provisions of this Deed of Trust.
<br />Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the
<br />Property at any time held by or for the benefit of Lender in any capacity, without the written consent of Lender.
<br />Governing Lavr. This agreement will be governed by and interpreted in accordance with federal law and the laws of the State of
<br />Oregon except for matters related to: (1) interest and the exportation of interest, which will be governed by and interpreted in
<br />accordance with federal law (including, but not limited to, statutes, regulations, interpretations, and opinions) and the laws of the
<br />State of Ohio; and (2) the validity and enforcement of Lenders security interest In the Property, which will be governed by the laws of
<br />the State where the Property is faceted. However, if there ever is a question about whether any provision of the agreement is valid or
<br />enforceable, the provision that is questioned will be governed by whichever of the governing state or federal laws that would find the
<br />provision to be valid and enforceable. The loan transaction which is evidenced by this and other related documents has been
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