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�00000285 ' <br /> (d) a writ of execution or attachment of any similar process shall be entered against Trustor which shall become a lien on the <br /> Trust Estate or any portion thereof or interest therein and such execution, attachment or similar process of judgment is not released, <br /> bonded, satisfied, vacated or stayed within socty (60) days after its entry or levy; or <br /> (e) there has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or warranty <br /> contained in any prior deed of trust or mortgage affecting the Trust Estate. <br /> 10. Acceleration upon Default; Additional Remedies. if an event of default occurs, Beneficiary may deciare cne <br /> indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without any presentment, <br /> demand, protest or notice of any kind. Thereafter, Beneficiary may: / <br /> (i) either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and <br /> without regard to the adequacy of its security, enter upon and take possession of the Trust Estate, or any part thereof, in its own name <br /> or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value, marketability or rentability of <br /> the Trust Estate, or part thereof or interest therein, increase the income therefrom or protect the security hereof and, with or without <br /> taking possession of the Trust Estate, sue for or otherwise collect the rents, issues and profits thereof, including those past due and <br /> unpaid, and apply the same, less costs and expenses of operation and collection including attorneys' fees, upon any indebtedness <br /> secured hereby, all in such order as Beneficiary may determine. The entering upon and taking possession of the Trust Estate, the <br /> collection of such rents, issues and profits and the application thereof as aforesaid shall not cure or waive any default or notice of <br /> default hereunder or invalidate any act done in response to such default or pursuant to such notice of default and, notwithstanding the <br /> continuance in possession of the Trust Estate or the collection, receipt and application of rents, issues or profits, Trustee or Beneficiary <br /> shall be entitled to exercise every right provided for in any of the Loan instruments or by law upon occurrence of any event of default, <br /> including the right to exercise the power of sale; <br /> (ii) commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically enforce any of the <br /> covenants hereof; <br /> (iii) deliver to Trustee a written declaration of default and demand for sale and a written notice of default and election to cause <br /> Trustor's interest in the Trust Estate to be sold, which notice Trustee shall cause to be duly filed for record in the appropriate offices of <br /> the County in which the Trust Estate is located; or <br /> (iv) exercise such other rights or remedies at law or in equity. <br /> 11. Foreclosure by Power of Sale. If Beneficiary elects to foreclose by exercise of the Power of Sale herein contained, <br /> Beneficiary shall notify Trustee and shall deposit with Trustee this Second Deed of Trust and any note evidencing the Indebtedness and such <br /> receipts and evidence of expenditures made and secured hereby as Trustee may require. <br /> (a) Upon receipt of such notice from Beneficiary, Trustee shall cause to be recorded, published and delivered to Trustor such <br /> Notice of Default and Notice of Sale as then required by law and by this Second Deed of Trust. Trustee shall, without demand on <br /> Trustor, after such time as may then be required by law and after recordation of such Notice of Default and after Notice of Sale having <br /> been given as required by law, sell the Trust Estate at the time and place of sale fixed by it in such Notice of Sale, either as a whole, or <br /> in separate lots or parcels or items as Trustee shall deem expedient, and in such order as it may determine, at public auction to the <br /> highest bidder for cash in lawful money of the United States payable at the time of sale. Trustee shall deliver to such purchaser or <br /> purchasers thereof its good and sufficient deed or deeds conveying the property so sold, but without any covenant or warranty, express <br /> or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including <br /> without limitation Trustor, Trustee or Beneficiary, may purchase at such sale. <br /> (b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this Trust, including costs of <br /> evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of (i) the indebtedness (ii) all other sums <br /> then secured 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 Trust Estate. <br /> 12. Remedies Not Exclusive. Trustee and Beneficiary, and each of them, shall be entitled to enforce payment and performance <br /> of any indebtedness or obligations secured hereby and to exercise all rights and powers under this Second Deed of Trust or under any Loan <br /> Instrument or other agreement or any Iaws now or hereafter in force; notwithstanding, some or all of the such indebtedness and obligations <br /> secured hereby may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. <br /> Neither the acceptance of this Second Deed of Trust nor its enforcement, whether by court action or pursuant to the power of sale or other <br /> powers herein contained, shall prejudice or in any manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security <br /> now or hereafter held by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, shall be entitled to enforce <br /> this Second Deed of Trust and any other security now or hereafter held by Beneficiary or Trustee in such order and manner as they or either <br /> of them may in their absolute discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be <br /> exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition to every other <br /> remedy given hereunder or now or hereafter existing at law or in equity or by statute. Every power or remedy given by any of the Loan <br /> Instruments to Trustee or Beneficiary or to which either of them may be otherwise entitled, may be exercised, concurrently or independently, <br /> from time to time and as often as may be deemed expedient by Trustee or Beneficiary and either of them may pursue inconsistent remedies. <br /> Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to the extent such action <br /> is permitted by law. <br /> F13340.LMo (B/88) Page 3 ot 5 <br />