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<br />1. This conveyance is made upon and subject to the further trust that the said Grantor shall remain in quiet
<br />and peaceable possession of the above granted and described premises and take the profits thereof to his own
<br />use until default be made in any payment of an installment due on said note or in the performance of any of the
<br />covenants or conditions contained therein or in this Deed of Trust; and, also to secure the reimbursement of the
<br />Beneficiary or any other holder of said note, the Trustee or any substitute trustee of any and all costs and expenses
<br />incurred, including reasonable attorneys' fees, on account of any litigation which may arise with respect to this
<br />Trust or with respect to the indebtedness evidenced by said note, the protection and maintenance of the property
<br />hereinabove described or in obtaining possession of said property after any sale which may be made as hereinafter
<br />provided.
<br />2. Upon the full payment of the indebtedness evidenced by said note and the interest thereon, the payment
<br />of all other sums herein provided for, the repayment of all monies advanced or expended pursuant to said note
<br />or this instrument, and upon the payment of all other proper costs, charges, commissions, and expenses, the
<br />above described property shall be released and reconveyed to and at the cost of the Grantor.
<br />3. Upon default in any of the covenants or conditions of this instrument or of the note or loan agreement
<br />secured hereby, the Beneficiary or his assigns may without notice and without regard to the adequacy of security
<br />for the indebtedness secured, either personally or by attomey or agent without bringing any action or proceeding,
<br />or by a receiver to be appointed by the court, enter upon and take possession of said property or any part thereof,
<br />and do any acts which Beneficiary deems proper to protect the security hereof, and either with or without taking
<br />possession of said property, collect and receive the rents, royalties, issues, and profits thereof, including rents
<br />accrued and unpaid, and apply the same, less costs of operation and collection, upon the indebtedness secured
<br />by this Deed of Trust, said rents, royalties, issues, and profits, being hereby assigned to Beneficiary as further
<br />security for the payment of such indebtedness. Exercise of rights under this paragraph shall not cure or waive
<br />any default or notice of default hereunder or invalidate any act done pursuant to such notice but shall be cumulative
<br />to any right and remedy to declare a default and to cause notice of default to be recorded as hereinafter provided,
<br />and cumulative to any other right and/or remedy hereunder, or provided by law, and may be exercised concurrently
<br />or independently. Expenses incurred by Beneficiary hereunder including reasonable attomeys' fees shall be
<br />secured hereby.
<br />4. The Grantor covenants and agrees that if he shall fail to pay said indebtedness, or any part thereof, when
<br />due, or shall fail to perform any covenant or agreement of this instrument or of the promissory note secured
<br />hereby, the entire indebtedness hereby secured shall immediately become due, payable, and collecdble without
<br />notice, at the option of the Beneficiary or assigns, regardless of maturity, and the Beneficiary or assigns may
<br />enter upon said property and collect the rents and profits thereof. Upon such default in payment or performance,
<br />and before or after such entry, the Trustee, acting in the execution of this Trust, shall have the power to sell said
<br />property, and it shall be the Trustee's duty to sell said property (and in case of any default of any purchaser, to
<br />resell) at public auction, to the highest bidder, first giving four weeks' notice of the time, terms, and place of such
<br />sale, by advertisement not less than once during each of said four weeks in a newspaper published or distributed
<br />in the county or political subdivision in which said property is situated, all other notice being hereby waived by
<br />the Grantor (and the Beneficiary or any person on behalf of the Beneficiary may bid and purchase at such sale):
<br />Such sale will be held at a suitable place to be selected by the Beneficiary within said county or political subdivision.
<br />The Trustee is hereby authorized to execute and deliver to the purchaser at such sale a sufficient conveyance of
<br />said property, which conveyance shall contain recitals as to the happening of default upon which the executio�
<br />of the power of sale herein granted depends; and the said Grantor hereby constitutes and appoints the Trustee
<br />as his agent and attorney in fact to make such recitals and to execute said conveyance and hereby covenants and
<br />agrees that the rec'dals so made shail be binding and conclusive upon the Grantor, and said conveyance shall be
<br />effectual to bar all equity or right of redemption, homestead, dower, right of appralsement, and all other rights
<br />and exemptions of the Grantor, all of which are hereby expressly waived and conveyed to the Trustee. In the
<br />event of a sale as hereinabove provided, the Grantor, or any person in possession under the Grantor, shall then
<br />become and be tenants holding over and shall forthwith deliver possession to the purchaser at such sale or be
<br />summarily dispossessed, in accordance with the provisions of law applicable to tenants holding over. The power
<br />and agency hereby granted are coupled with an interest and are irrevocable by death or otherwise, and are
<br />granted as cumulaUve to all other remed(es for the coilectlon of said indebtedness. The Beneficiary or Assigns
<br />may take any other appropriate action pursuant to state or Federai statute either in state or Federal court or
<br />otherwise for the disposition of the property.
<br />SBA Form 930 (3-87) " 2 "
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