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��14�3�43 <br /> 8. CQNDEMNATI�N. If �itle �� any par� af �he Praperty sha�l be taken �n �andemnation <br /> proceedi.ngs,by right of eminent domain or sxmzlar action, or sha1l be svld under threat of condemnation,all awards, <br /> damages, and proceeds are hereby ass�gned and shal�be paid t�Bene.ficiary wha shal�apply such awards, damages, <br /> and proceeds ta the sum secured by this Trust Deed,wYth�he excess, if any,paid to Trus�or, except that such award, <br /> damages or pro�eeds, or any p�rtion thereof. may be used to restore or rep�ace any pvr�inn of�he Prvperty taken, <br /> damaged or rendered unusab�e by reason of the �ondemnation a� the d�scre�ion of�he Beneficiary. If Trustar <br /> � recei�es any notice or other informatian regarding such acCions ar pr�ceedin�s, Trustor shall gi�e prompt written <br /> notice�hereof to Benef ciary. Benef c�ary shal.l be entitled, a�its option,to commence, appear in, and prasecu�e, in <br /> its own name, any such ac�ion or prviceedings and sha�l be entitled to make any compromise or settlement in <br /> connect��n w��h any such actz�n or praceedings. � <br /> 9. FUTURE ADVANCES. Upon request of Trustflr, Beneficiary, a� Benefaciary's �ption, prior tio <br /> recon�eyance af�he Pr�perty to Trustor,may make future advances�v Trus�or. Such future ad�ances, with interest <br /> thereon, s��a:���������,�-+�d.by this Trust Deed when e��denced.by promissory notes stating that said notes are seGured <br /> hereby; pro��ded that at no�t��me snali'�tl�e sccure��'principal and future ad�ance, no� including sums advanced to <br /> protec�the securi�y,exceed two hundred percen����4%}of�he ariginal principal amounts secured hereby. <br /> 1 U. REMEDIES N�T EXCLUSIVE. Trustee and Beneficiary, and each of them, shal�be entitled to <br /> enforce payment and perfo.rmar�ce of any indebtedness or ob�igatians secured hereby and ta exercise al� righ�s and <br /> povvers under this Trust Deed or under any o�her a�reement executed in conn�ction herew��h or any laws now �r <br /> hereafter in force,natwithstanding some or al] of su�h indebtedness and obl�ga�ians secured hereby wh�ch may now <br /> or hereafter be vtherwise s�cured, whether by mortgag�,trust deed, pledge, lien, assignmen�, ar�therw�se. Nei�her <br /> the acceptan�e of this Trust Deed nar its enforcement, whether by caurt action ar pursuant to the power�f sale ar <br /> other powers herein con�ained,sha11 prejudiee ar in any manner affec�Trustee's or Beneficiary's right�o realize upon <br /> . or en.f.orce any other security now ar hereafter h�ld by Trustee or Benef ciary, i� being agreed tha� Trus�ee and <br /> Beneficiary, and each of them, sha�� �e entitled to enf.orce this Trust Deed and any other s�curi�y now or hereaf.ter <br /> h�1d by Beneficiary or Trustee �n such arder and manner as they, or either af them,may, in their abso�ute discret7on, <br /> determine. No remedy herein conferred upon or reser�ed to Trustee or Benef�iary is �ntended to be exclusi�e of. <br /> any other remedy herein or by Iaw pro�ided or permitted, bu� each sha11 be cumu�ati�e and shal� he in addi�ion to <br /> every other remedy gi�en hereunder�r naw ar hereafter exi.sting„a�lavv ar in equi�y, or by statute. E�ery power or <br /> remedy pro��ded. under this Trust Deed to Trustee or Benef c�ary or to which ei�her of them may be atherw�se <br /> en�itled may be exerc�sed, concurrentl.y or independently, from tim� tio �ime and as of.ten as may be deemed <br /> exped�ent by Trustee or Benef�c�ary and either of them may pursue inconsistent remed�es. No�hing here�n sha�l be <br /> construed as prohibi�ing Beneficiary from seeking a defciency judgment agai,nst the Trustor, to the exten� such <br /> acti�n�s permitted�y Iaw. <br /> �.1. TRANSFER �F THE PRUPERTY; ASSi�MPTIUN. If all or any part of the Praper�y or <br /> interest therein �s sald, transferred, or otherwise can�eyed by Trustor withou� Beneficiary's priar �ritten consen�, <br /> excluding�a}the creation af.a l�en�r encumbrance subord�nate ta�his Trust Deed, �b�a transfer by operat�on of law <br /> upvn the ���th of a Trus�ar who is a jaint tenant or�c}the granti of any Ieasehold in�erest of three (3�years or less <br /> which does nat c�ntain'an���=��u��i�:���:;������; ��u�,x� au`�1�]�l�15 sa`�reach of.this agreemen�, and Benefciary may, at <br /> Benef ciary's �ptian, declare al��he sums secured by this Trust Deed �o be immediately due and payable; pro�ided, <br /> further, this Trust I3eed may, a� B�nef cYary's aptxon, be declared immediately due and payab�e if�1} Trustar �s a <br /> � par�riership and any interest�n the partinership is sold or assigned�y any means whatsoe�er, or�2}if the Trustar�s a <br /> corporat�on and a transfer af the maj ority stock awnership �nteres� in the corporat�on occurs or the Trustor <br /> corpora�ion merges i.n any f�rm with another corporation or en��ty. Benefi�iary sha11 have waived su�h opt�on to <br /> acce�erate if,prior ta the sa�e,transfer,or con�eyance,B�neficiary and th�person t�wh�m�he Froperty is t�be sald <br /> ar transferred reach agreement in wrYting that �he �redit of such persan is satisfactory ta Beneficiary and that the <br /> �n�erest payable on the sums secured by th�s Trust Deed shall�e at such rate as Benef ciary sha�.l request. <br /> � l�. ACCELERATI�N UP�N DEFAITLT; REMEDIES; SALE. The failure by the Trus�or to <br /> make any paymen�or to perform any of the terms and conditions of this Trus�D�ed, or the terms and conditxans of. <br /> the Note, ar any renewa�s, modificativns, �r extensions thereof, or the failure to make payment af any other <br /> indebtedness, prior ar subsequen� tn thYs Trust Deed, and secured hy this praperty, or the dea�h of one or more <br /> Trust�rs, shal�be a breach and default of�h�s Trusti Deed and the Benef ciary�nay declare a default and may de�laxe <br /> a1� sums secured�hereby immediately due and payable, and the same sha1� �hereupon become due and payable <br /> v�ithvut pr�sentment, demand, protest or notice af any kind, pro�ided Trustor shal�ha�e any s�atutory right ta cure <br /> the defauXt hef.ore any notice of defaul� and demand f.ar sale may �e deli�ered to the Trustee. Thereaft�r, <br /> Benefic�ary may deli�er t� Trustee a writ�en declaration af defaul�and demand for sale. Trustor agrees and hereby <br /> grants that the Trus�ee sha11 ha�e the power of sale of�he Property and, if Benef ciary de�ides the Prape�-ty is�o be <br /> sold, �t sha�l deposit �vith Trus�ee �his Trust Deed and �he Note or n�tes and any other documents e�idencing <br /> expenditures secured hereby and shall delxver to Trustee a written no��ce of defauit and eTection to cause the <br /> praperty�a be sold, and Trustee, in turn, sha1� prepare a similar notice in the farm required by �a�v, which sha�l �e <br /> duly fi�ed for record by Trus�ee. <br /> {a}= After the Iaps� of such time as may be re�uired by 1a� following the recardation �f Notice_of <br /> Def.ault,andlNa�ice af luef��:�t.��+���tx���f S.��P��v�rb�c�.�;�a.��rex�as reQuired by 1aw,Trustee,wi�hout demand on <br /> Trust�r, sha�l se1�the Property, if not redeem�d, in one ar more parcels and in such order as Trustee may determ�ne <br /> on�he da�e and the time and place designated in said Notice af Sa�e,at publ�c auction,acc�rding to law. <br /> (b} VL�hen Trustee se�1s pursuant�a the povWers herein, Trustee shall app�y the p.raceeds of the sa�e �o <br /> payment of the costs and expenses of exercising the power of sale and of�he sale, including, with�ut limitation, <br /> attorneys' fees and the payment of Trus�ee's Fees �ncurred, which Trus�ee's Fees shall no�, in the aggregate, exceed <br /> 3 <br />