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(e) Any trustee may act. - 140 - 201400400 (c) Substitution of trustees collectively or of any of them individually by the Lender is permitted for any reason whatsoever, and any number of times without exhaustion of the right to do so. (d) Trustee's commission in the event of advertisement but payment before sale, reasonable fees equal to the Trustee's actual out of pocket expenses in connection therewith but in no event in excess of two and one -half percent (2 1 /2 %) of the outstanding indebtedness. (f) The trustee may require a deposit in the amount of ten percent (10 %) of the unpaid principal indebtedness then secured hereby or twenty thousand dollars ($20,000.00), whichever is greater, to accompany each bid at foreclosure sale or sale in lieu thereof. (g) Subject to call upon default. 3. Paragraph 25 of this Security Instrument is hereby deleted in its entirety and replaced with the following: 25. Remedies. (a) Upon the occurrence and during the continuation of any Event of Default, each of Lender and/or Trustee, at the direction of Lender, may take such action, without notice or demand, as it deems advisable to protect and enforce the rights of Lender against Borrower and in and to the Mortgaged Property, including, but not limited to, the following actions, each of which may be pursued concurrently or otherwise, at such time and in such order as Lender may determine, in its sole discretion, without impairing or otherwise affecting the other rights and remedies of Lender: (i) declare the entire Debt (including Prepayment Consideration) to be immediately due and payable; (ii) institute proceedings for the complete foreclosure of this Security Instrument in which case the Mortgaged Property or any interest therein may be sold for cash or upon credit in one or more parcels or in several interests or portions and in any order or manner; (iii) with or without entry, to the extent permitted and pursuant to the procedures provided by applicable law, institute proceedings for the partial foreclosure of this Security Instrument for the portion of the Debt then due and payable, subject to the continuing lien of this Security lnstrument for the balance of the Debt not then due;