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<br /> �g� Lender deems i�self�nsecure for any reason�hatsoever.
<br /> RETVYEDIES UN DEFATILT. Upon �he occurrence �f an Even� of Defau��, Lender may, ���hou� dema.nd ar
<br /> notice,pay any or a1I ta�e�, assessmen�s,premiums, and liens required��be paid��r Granto�•, �ffect an�insurance
<br /> provided for herein,ma�e such repairs, cause the ahs�rac�s of ti�Ie�r t�t1e insuranc�pol�cy and ta�h�st�ries�f the
<br /> property to be cer�xfied�v da�e, or procure nev�r abstra��s �f title or ti�1e insurance and#ax h�.st�ries in case none
<br /> �r�re furnishe d to it, and pro cure ti���rep orts covering the Prop er�y, inciuding suryeys.The amoun�s p aid f�r any
<br /> such purpos�s vvi��be added tv�he Indeb�edness and w�I�l�ear�nteres�at the rat��f interes�otherv�ise accruing an
<br /> the Indebtedness un�i�pa�d. In the event of fvreclosure, the abstracts of t���e or title�.nsuran�e sha�lloe�ome the
<br /> propert�of Lender.A1�abstrac�s vf ti��e,�itle insurance,ta�hist�ries, surve�s, and��her do�um.enfs perfaining f�
<br /> �h�Inde��edness v�i�1 rema�n in Lender's p�ssess��n until the Indebtedness�s paid in full.
<br /> IN THE EVENT�F THE SALE�F THIS PR�PERTY UNDER THE PRQCEDURE F�R F�RECL�SURE�F
<br /> A SE�URITY INSTRUMENT B`�ADVERTISEMENT,AS PR�VIDED BY APPLI�ABLE LA�N,�R IN THE
<br /> E�TENT LENDER E�ER�ISES ITS RIGHTS UNDER THE ASSIGNl1�NT �F LEASES AND RENTS, THE
<br /> LENDER SHALL PR�VI�E ALL STATUT�RYLY RE�I�IRED N�T�CES �F SALE �ND N�TICES �F
<br /> JUDICIAL HEARINGS BEF�RE LENDER E�ERCISES ANY �F IT5 RIGHTS UN�ER THIS
<br /> INSTRUIU�NT. �
<br /> Upvn�he accu.�rence�f an E�ent of I]�fault,Lender may,w�th�ut no��ce unless required�y 1aw, and at i�s vptian,
<br /> declar.e the entire Indebtedness due and payab�e, as it may e�ect,regardless of�he da�e or da�es�f maturity therevf
<br /> and,�f per�rutted b�r s�a�e�avsr;is au�horized and empowered t�cause the Praper�to be�so�d a�publ�c auct�an, and
<br /> t�execute and deli�er to the purchaser or purc�asers at such sa�e an�deeds�f c�nv��ance gvod and suf.�cient at
<br /> Iav�,pursuant to�he s�atute in such�ase made and pra�rided.The Trustee shal�app��the pr�ceeds�f the Trus�ee's
<br /> sale, frs�,t�t�� cas�s and e�penses �f exercising�he power of sa�e and of�he sa�e, Ynclud�ng the payment of the
<br /> Trus�ee's fees actual�y i.ncurred; secvnd, to payment �f the ob�igati�n secured ��r �he trus� deed; third, to �Yie
<br /> payment �f jun��r trust deeds, m�r�gages, �r o�her �ienho�ders and the balance, if an�, ta the person ar pers�ns
<br /> IegalTy entit�ed �hereto. The•rec�tals �n the Trus�ee's deed shall be prima facie e�vidence �f the fruth of the
<br /> s�a�emen�s made in i�.If Lender cho�ses�fl in.vake the power of sa�e,Lender�r Trustee vvill pru�lde noti�e vf sale
<br /> pursuant tv applicable Ia�. An�r such sale ar a sa�e made pursuant fio a judgmen� �r�a decree f�r�he forecl�sure
<br /> hereof may, at �he opt�an �f Lender, be made en masse. The commencement �f proceedings tu forec�ose th�s
<br /> Secur�ty Instruament in.an�r manner auth�r�zed hy 1aw sha�l be deemed as exerc�se af the above�p�i�n.
<br /> Upon�he occurrence of an E�rent.�f Defaui�, Lender shall immediate�y be en�i��ed�� make a�plication for and
<br /> obta�n the appointment�f a rece��rer for the Proper�and�f the�arnings, incame, �ssue and profits �f i�,�vi�h the
<br /> pov�ers as�the cour�making�he appointmen�s c�nfers. Gran�ar hereb� irrceva�ab�y cansen�s to such app�intment
<br /> and waives n�t�ce af any applica�ion therefor. .
<br /> N� 'L�VAlVER.No dela� �r�fa��ure af Lender t� exercise any�•�ght, remedy, pov�er or privi�ege hereunder shal�
<br /> affect th.at righ�,rem�dy,pa�ver ar priv�ege n�r shail an�r sing��vr par�a�exercise therev�prec�ude the exer�ise of
<br /> any righ�,reYnedy,povver or prxv�lege.N�Lender delay-or failure�o demand s�ric�adherence to the terms of this
<br /> Security Instrument sha�1 be deemed to �onstitute a course�f cvnduc�incnnsxs�ent��h Lender's right at any�une,
<br /> bef�r� �r after an event of defau��, �fl demand str�c� adheren�e to the t�rms of this.5�curity Instrument and the
<br /> Rela�ed Documen�s.
<br /> �TJSSTITUTE TRUSTEE.Lender, at its op�ian,ma�r fr�m tune t�time remove Truste�and appaint a suc�ess�r
<br /> trus�ee to any Trus�e� appa�nted hereund�r by an inslxument recorded in �he county in v�hich th�s 5ecur�ty
<br /> Instrument �s recorded. �r�hout �on�r�yanCe of�he Pr�per�y, the successor trustee sha�l suc�eed �o a�1 �the tit�e,
<br /> power and dut�es conferred upon Trustee herein and by appl�cahle lav�.
<br /> JUINT AND SE'L1�RAL L►IABILITY.If this Security Instr-umen�shau�d be signed by m�re�han one pers�n, aIl
<br /> persons execu��ng�his S��uri#y Instru.lnent agree�hat�hey sha1�be jo�.n�1y and se�reral�y�aund,where permiited�y
<br /> �a�r. �
<br /> SYJRVI�AL. Lender's righ�s in this Se�ur�ty Inst�ument vvxll c�ntinue Yn its success�rs and assigns. Th�s Securi�y
<br /> Ins�rument�s b�ndin�on aIi heirs,e�ecutors,admirus�ratvrs,assigns and success�rs�f Grantor.
<br /> N�TIC�S AND '�V'AIVER��F N�TYCE. Un�ess ath�x•v�se re�u�red by applicab�e la�, any nvtice or demand
<br /> given by Lender�o any par�y is considered effective: �i� vvhen i� �s depos��ed in the Uni�ed 5fa�es Mai�v�ith the
<br /> appr�priate p�stage; (ii} v�rhen x� is sent �ria electr�nic ma�; �iii} v�rhen i� �s sent via facsimi�e; ��v} �rhen �t is
<br /> deposited�ith a nati�na�ly recagn�zed avernight cvur�er servi�e; �v� �n the day of p�rsona�delivery; �r ���} any
<br /> other commer�ially reas�nable means.A c�py�f any not�ce sha11 be sent to each party a�the address uf the party
<br /> gY�ven at the Ueginn�ng of th�s Security �ns�rument unless an al�erna��ve address has been pro��ded to Lender in
<br /> vvr���ng.To the ext�nt permit��d by�aw,Gran�or,vt�ai�es notice of Lender's accep�ance af this Securit�Instrument,
<br /> defenses based on suretyship,any defense aris�ng from any election by Lend�r uuder�he Un��ed S�ates Banl�ruptcy
<br /> �ode, Uniforna C�mmercial ��de, as enac�ed in the s�a�e where Lender is located or �ther applicable law �r in
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