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2012066SG (c) . deliver W Trustea a written dealaredon of default aad damand for eale and e wrltten notice of defaulbend election to causa Trustor's intcrest in the Tn�st Estate to be sold, which nodce Truatee shall cause W be duly filed for record in the appropriate offices of tha County in which the Trust Estate is looated; or (d) exeraise such other rights or remedtes at law or in equity. 11. Fo�edosure by Power ojSal� If Beneficlary eleots to fareclose by exercise of the Power of Sale harein cantained, Beneftaiery shall nodfy Trustee and shall daposit wlth Tn�atee this Sacond Deed of Trust and any note evidancing the Indebtedne� and such receipts aad evidance of expenditures made and secured hereby as Trustee mey require. (a) Upon receipt of such notice &om Beneficlary, Trustee shaQ cause to ba recorded, published end dalivered to Tn�stor such Nodce of Default and Notice of Sale as Wen required by law and by this Secoad Deed of Trust. Trustee shall, without demand on Trustor, aRer such dm$ as may then be required by law and after recordation of such Nodce of Default end after Notice of Sale having bean given as required by law, sall the Trust Estata at tha tima and placre of sale fixed by it in such Nottr.� of Sale, oither as a whole, or ln separate lots or percels ar items as Trustee ahell deem expedient, snd in such order as It may datarmine, at publio ancttori to the high�t bidder for oash in lawl'ul money of the United Statas payable at the time of sale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so sold, but wlthout any covenent or warranty, axpre� or implied. The recitals in such deed of aay mattcrs or facts ahall be conclusive proof of the truthfulness thereof. Any psrson, including wfthout llmitatlon Trustor, Tmstee or BeneBciery, mey purohase at such sale. (b) As may ba permitted by law, eRer deducting aU costs, fees and expenses of Trustee snd of this Trust, including costs of evidence of tida in conaection with ssle, Trustee shall apply the proceeds of selo to payment of (t) tha Indebtedness (ii) aU other sums tben secured haraby, and (iii) the r.emainder, lf any, to tha person or peraons legaliy enNtled thcreto. (c) Trustee msy in the manner provided by law postpone sala of all or any portion of tha Trust Estat6. (d) Any person (including his succassor aad aseigns) recelving dUe to tha Proparty tluough foreclosure or deed in lieu of foreclosure shall receive dUe to such pmperty freo and clear of any collateral agreements restrlcNng the use of such properiy. (e) If any holder of the Flrst Deed of Trust (the "SenIor Lien Holder") shall acquire title to the Properiy pursuant to a deed in lieu of foreclosure, the lien of this Second Deed of Trust shall automatically t8rminaw upon the Senior Lien Holder's acqulaition of t1Ue, provided that (i) BeneBciary has bcan givon wrltten notIca of a default under the First Deed of Trust aad (11) Beneficiary shall not have cured the default under the First Deed of Trust within 30 days of the notice sent to Benafiafary. 12. Remedles No! Exclusiv� Tn�stee and Benefiolary, and each of them, shall be entitled to enforce payment and performance of any lndebtedna� or obligadons secured heraby end to exarcise sll rlghts and powers under thia Secoad Deed of Trust or under any Loan Tnsttvment or other agreement or eny laws now or hereafter in force; notwithstanding, soma or all of the such indabtedness and obllgallons seeured heraby may now or hereatter ba othenvlse sac�red, whether by mortgage, deed of trust, pladge, lien, assignment ar otherwise. Neithar the acceptance af this Second Deed of Trust nor its enforcomant, whether by court action or pursuant W the power of sale or other powere herain eontained, shall praJudice or in any mannar affeot Trustae'e or Beneficiary's right to realiza upon or enforce any other security now or hereafter held by Trustee or Benefieiary, it being agreed that Trustee and Benefioiery, and each of them, shall be antitled to enforca Wis Second IJeed of Trust and eny other security naw or hereafter held by Beneficiary or Trustee in such order aad manner as they or either of them may in their absolute discret{on determine. No remedy herein conferred upon or reserved to Trustee or Beneticiery la �ntended to be axclusiva of any other remedy hereln or by law provlded or permitted, but each shell be cumuladve and shall be in eddition to every other remedy given hereunder or now or hereafter exlsting at law or ia equity or by statuts, Every power or ramedy given by any of the Loan Instrumants ta Trustee or BetreSciary or to which eiWer of them may bc otherwise entided, Fnay be exercised, concurreatly or independently, firom time to tune and as often as may I� deemed expedient by Trustee or Beneflclary and either of them may pursuo inconsistant remedies. Nothing harein shall be construed as prohlbiting Beneficiary from seeking a deflciency judgment against the Trustor to the extent such acdon is penaitted by law. 13. Request For Noflc� Truator and all other parties set forth herain hereby requests a copy af any Nodce of Default and a copy of any Notice of Sale hereunder bs mailed to them at the address set forth in the Srst paragraph of thls Second Deed of TrusG 1VIFA HBA Advantage Loan/Form H (03/2012) 4826-5279-3871.2