��14�4917
<br /> DEED �F TRL��T
<br /> Loan No: ��'1�777�7 �Continued} Page �
<br /> separate lats �r parcels ar ifiems as Trust�� shall deem expedien�, and in such order-as it may determine,
<br /> a� public auc�ian to the highest bidder#ar Gash in �av+r-�ul money of the United States payable at�he fiime
<br /> of sale. Trustee shall deIi�er �❑ such purchaser or purchasers �h�reaf its good and su�fficien� deed vr
<br /> deeds con�eying �he praperty sv sold, but without any �a�enant ❑r warranfiy, exp�ess or implied. The
<br /> reci�als in such deed of any matters or fiac�s sha�I be canclusi�e proof af the �ru�hfulness ther�af. Any
<br /> persvn, including withou�limitatian Trus�or,Trustee, ❑r Lender, may purchase at such sale.
<br /> �b} As may be permitted by law, affier deducting all costs, fees and expenses of Trustee and of �his
<br /> Trusfi, inc�uding cos�s ❑f e�idence ��title in conne�ti�n with sa1e,Trustee shall app�y the pro�eeds of saIe
<br /> t� payment ot �i} all sums expended under the t�rms of�his Deed o�Trust or under�he terms o�F the Nofie
<br /> nat then repaid, including �ut not i�mi�ed to accrued interes� and la�e charges, �ii} ai! ��her sums then
<br /> secured hereby, and �iii}the remainder, �f any,to the persan ar p�rsans legally entitled thereto.
<br /> �c} Trus�ee may in the manner pro�ided by�aw postpvne sale❑f all or any portion of the Prvperty.
<br /> Remedies No# Exclusive. Trustee and Lender, and each ❑f them, shall be entitled t❑ en-�orce payment and
<br /> perfarmance of any indeb�edness or obliga�ivns secured by�his Deed of Trust and to exercise all rights and powers
<br /> under this Deed o�Trust, under the No�e, under any af�he ReIated Do�uments, ar under any ather agreement or
<br /> any laws now vr hereafter in �orce; no�withstanding, some or all a�f such indeb�edness and obligations secured hy
<br /> this ❑eed o�Trust may now or hereafter be otherwise se�ured, whether by mvr�gage, deed vf trust, pledge, lien,
<br /> assignmen� ❑r vtherwise. Neithe�- the acceptance of this l�eed af Trust nor its enfarcement, whe�her by c�urt
<br /> ac�ion ar pursuant�a the power ❑f sale �r other pvwers cantained in this ❑eed ❑�Trus�, shall prejudice or in any
<br /> manner affiecfi Trusfiee's or Lender's right �❑ rea[ize upon or enforce any other security now or hereafter held by
<br /> Trustee or Lende�, �t being agreed that Trus�ee and Lender, and each o�them, shall be entit�ed to enforce�khis ❑eed
<br /> o�F Trust and any ather secu�ity now or hereafter held �y Lender or Trustee in such ❑rder and manner as they or
<br /> either ❑# them may in �heir abso[ute discre�ion determine. No remedy con�err�d up�n ar reserWed to Trustee or
<br /> Lender, is in�ended to be exclusi�e of any v�her remedy in this Deed of Trust or by law pro�id�d or permitted, hu�
<br /> each shall be cumulafii�� and shall be in addition tv e�ery vther remedy gi�en in �his Deed ❑f Trust or naw or
<br /> hereafter exis�ing at law or in equity ar by s�afiute. E�ery power❑r remedy gi�en by�he Note or any of the Related
<br /> ❑ocuments to Trustee ❑r Lender ❑r ta whiGh either o� them may k�e ❑therwise entifiled, may 1ae �xercised,
<br /> �oncurrently or independently, �r�m fiim�to t�me and as o-Ften as may b� deemed expedien� by Trustee ar Lender,
<br /> and either af them may pursue inconsistent remedies. Nothing in fihis �3eed o� Trust shall 1oe construed as
<br /> prohibi�ing Lender frvm seeking a defi�Fency judgmen�agains��khe Trus�ar to the ex�ent su�h action is permitted by
<br /> law. Eiection by Lender to pursue any remedy sha�[ nat exclude pursuit af any vther remedy, and an election to
<br /> make expendi�ures vr to take acti�n t❑ perform an ❑bligation o�f Trustor under �his Deed of Trust, after Trustor's
<br /> failure�a p�rfarm, shaIl no�affect Lender's right t� declare a default and exercise �ts remedies.
<br /> Request for No�ice. Trus�or, vn behalf of Trustor and Lender, hereby requests thafi a �opy vf any No�ice of❑efault
<br /> and a copy o�any Natice ofi 5ale under fihis Deed �f Trust be mailed t❑them a��he addresses se�for�h in the first
<br /> paragraph of�his Deed o�Trus�.
<br /> Attorneys' Fees: Expenses. I�f Lender in5�itu�e5 any suit ❑r ac�ion to enforce any vf the terms o� this ❑eed ❑f
<br /> Trust, Lender shall 1ae entifiled t❑ reca�er such sum as �he �vur� may adjudge reasonable as a�torneys' fees at trial
<br /> and upan any appeal. 11Vhether or nvfi any caurt ac�ian is in�ol�ed, and to the extent not prahibited by law, all
<br /> reasonable expenses Lender incurs tha� in Lender's ��inivn are necessary at any time far the prv�ectian of its
<br /> interest ar the enforcemen�of i�s rights shall become a part of the �ndeh�edness payalale on demand and shall laear
<br /> interest at the Note rate�rom th� date of the expenditure until repaid. Expenses co�ered by�his paragraph include,
<br /> without �imitation, howe�er subjec�t� any limits under applicable law, Lender's atto�neys' fees and Lend�r's legal
<br /> �xpenses, whethe�- ❑r no� there is a lawsuit, including a�torneys' �ees and expenses for bankruptcy proceedings
<br /> �including effvrts to modi�fy or�aca�e any automatiG stay�r injunctfvn}, appeals, and any anti�ipated post-�udgment
<br /> co�lection ser�i�es, the cost o�F searching recvrds, ❑btaining title repvrts �inc�ud�ng foreclosure reports�, sur�eyors'
<br /> reports, and appraisal �ees, ti�le �nsurance, and fees far �he Trustee, �❑ the extent permitted by applicable �aw.
<br /> Trustor aiso will pay any court cos�s, in additian ta alf ather sums pro�ided by lav+r.
<br /> Righ�s of Trus�ee. Trustee shall ha�e all v-��he rights and duties of Lender as set��rth in�his section.
<br /> P�V1lERS AND OBLlGATi�NS ❑F T[�USTEE. The fallvwing praWisians relating tv the powe�s and abfigafiivns v�Trus���
<br /> are part ofi fihis Deed of Trust:
<br /> Powers of Trustee. In addition to all powers ❑f Trus�ee arising as a ma�ter❑f law, Trus�ee shall ha�e the power t�
<br /> take the follawing a�tions with respe�fi to �he Prop�r�y upon �he writfien request ❑f Lend�r and Trustor: {a} join in
<br /> preparin� and filing a map or pla� ❑f �he Real Prvperty, including �he dedicatian of streets ❑r other rights t❑ the
<br /> public; �b) join in g�anting any �asement or creating any restric�ion an the Real Praperty; and �c} jvin in any
<br /> subardination or other agreement af�Fecting fihis Deed ❑f Trust or the in�eres�of Lender under�his Deed af Trust.
<br /> Trustee. Trusfiee shall meet a�l qualifica�kions requi�ed for Trustee unde� applicable law. ln additivn to �he ri�hfis
<br /> and remedies set forth abvWe, with resp�cfi �a a1� ❑r any part ❑f �he P�oper�y, �he Trustee shal� haWe �he righ� t❑
<br /> �oreclase by no�ice and sale, and Lender sha1I ha�e the right t❑ foreclose by judicial foreclosure, in either case in
<br /> accordance with and�❑�he fuIl extent prv�ided by appli�able �aw.
<br /> Successor Trustee. Lender, at Lender's ❑ption, may from �ime t��ime appoin� a successor Trust�e�❑ any Trustee
<br /> appvinfied under �his Deed of Trust by an instr-umen� executed and acknawledged by Lender and recorded in �he
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