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20�20916�
<br />DEED OF TRUST
<br />Loan No: 10125g587' �" '� , � ,. ' (Continued)
<br />Page 7
<br />Foreclosure by Power of Sele. If Lender elects to foreclose by exercise of the Power ot Sale herein contained,
<br />Lender shall notlfy Trustae and shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br />and evldence of expenditures mede and secured by this Deed of Trust es Trustee may require.
<br />(a) Upon receipt of euch notice from Lander, Trustee shell cause to be recorded, published and delivered
<br />to Trustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust.
<br />Trustee shell, without demend on Trustor, after such time es may then be required by law and after
<br />recordation of such Notice of Default and after Notice of Sale having been given as required by law, sell
<br />the Property et the time and place of sale fixed by it in such Notice of Sale, either as a whole, or in
<br />separete lots or parcels or items as Trustee shell deem expedient, and in such order as it may determine,
<br />at public auction to the highest bidder for cesh in lewful money of the United Stetes payable at the time
<br />of sale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or
<br />deeds conveying the property so sold, but without any covenant or warranty, express or implied. The
<br />recitels in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br />person, including without limitation Trustor, Trustee, or Lender, may purchase at such sele.
<br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this
<br />Truat, including costs of evidence of title in connection with sele, Trustee shall apply the proceeds of sale
<br />to peyment of (i) ell sums expended under the terms of this Deed of Trust or under the terms of the Note
<br />not then repa(d, including but not limited to accrued interest end late charges, (ii) all other sums then
<br />aecured hereby, and (iii) the remainder, if any, to the person or persons legally entitled thereto.
<br />(c► Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee and Lender, and each of them, shall be entitled to enforce payment and
<br />performance of eny indebtedness or obligations secured by this Deed of Trust and to exercise all rights and powers
<br />under this Deed of Trust, under the Note, under any of the Related Documents, or under any other agreement or
<br />any laws now or hereafter in torce; notwithstanding, some or all of such indebtedness and obligetions secured by
<br />this Deed of Trust may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien,
<br />assignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement, whether by court
<br />action or pursuent to the power of sale or other powers contained in this Deed of Trust, shall prejudice or in eny
<br />manner effect Trustee's or Lender's right to realize .upon or enforce any.other security now or hereafter held by
<br />Trustee or Lender, it being agreed that Trustee and Lender, and each of. them, shall be entitled to enforce this Deed
<br />of Trust and eny other security now or hereafter held by Lender or Trustee in such order end manner as they or
<br />either of them may in their ebsolute discretion determine. No remedy. conferred upon or reserved to Trustee or
<br />Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by law provided or permitted, but
<br />each shall be cumulative and shall be in addition to every other remedy given in this Deed of Trust or now or
<br />hereafter exiating at law or in equity or by statute. Every power or remedy given by the Note or any of the Related
<br />Documents to Trustee or Lender or to which either of them may be otherwise entitled, may be exerc(sed,
<br />concurrently or independently, from time to time and as often as may be deemed expedient by Trustee or Lender,
<br />and either of them mey pursue inconsistent remedies. Nothing in this Deed of Trust shall be construed es
<br />prohibiting Lender from seeking a deficiency judgment against the Trustor to the extent such action is permitted by
<br />law. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to
<br />meke expenditures or to take action to perform an obligation of Trustor under this Deed of Trust, after Trustor's
<br />faiture to parform, shall not effect Lender's right to declare a default and exercise its remedies.
<br />Request for Notice. Trustor, on behalf of Trustor end Lender, hereby requests that a copy of any Notice ot Default
<br />and a copy of any Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first
<br />peregreph of thia Deed of Trust.
<br />Attomeys' Fees; Expenses. If Lender institutes eny suit or action to enforce any of the terms of this Deed of
<br />Trust, Lender shall be entitled to recover such sum as the court may adjudge reasonable as attorneys' fees at triel
<br />and upon eny eppeal. Whether or not any court action is involved, end to the extent not prohibited by law, all
<br />reasonable expenses Lender incurs that in Lender's opinion are necessary at any time for the protection of its
<br />interest or the enforcement of its rights shell become e part of the Indebtedness payable on demand and shall bear
<br />interest at the Note rate from the dete of the expenditure until repaid. Expenses covered by this paragraph include,
<br />without limitetion, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal
<br />expenses, whether or not there is e lawsuit, including ettorneys' fees and expenses for benkruptcy proceedings
<br />(including efforts to modify or vacate any automatic stey or injunction), appeals, and any enticipated post-judgment
<br />collection services, the cost of searching records, obtaining title reports (including foreclosure reportsl, surveyors'
<br />reports, and appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by applicable law.
<br />Trustor also will pay any court costs, in addition to all other sums provided by law.
<br />Rights of Trustee. Trustee shall heve 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
<br />are part of this Deed of Trust:
<br />Powers of Trustee. In addition to all powers of Trustee erising as a matter of law, Trustee shall have the power to
<br />take the following ections with respect to the Property upon the written request of Lender and Trustor: (a) join in
<br />prepering and filing e map or plet of the Real Property, including the dedication of streets or other rights to the
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