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����������� <br /> (�) a writ o} execution or attachment o( any similar process shall be entered a��inst Trustor which shall <br /> become a lien on the Trust Estate or any portion thereof or interest therein and such execution, aitachment or similar <br /> process of judgment is not released, bonded, satistied, vacated or stayed within sixty (60) days after its entry or levy; or <br /> (e) there has occurred a breach of or de(ault under any term, covenant, apreement, condition, provision, <br /> representation or warranty contained in any prior deed of trust or mortgage af(ecting the Trust Esta[e. <br /> 10. Acca/eration upon De/au/t; Additlona/ Ramedies. If an event of default occurs, Bene(iciary may decla�e the <br /> Indebtedriess secured hereby to be due and payable and the same shall thereupon become due and payable without any <br /> presentrnent, demand, protest or notice o( any kind. Thereafter, Beneficiary may: <br /> (�) either in person or by apent, with or without bringing any action or proceeding, or by a receiver appointed <br /> by a court and without regard to the adequacy of its security, enter upo� and take possession of the Trust Estate, or any <br /> part thereof, in its own name ar in the name of Trusiee, and do any acts which it deems necessary or desirable to preserve <br /> tt�e value, marketability or rentability of the Trust Estate, or part thereof or interest therein, increase the income theretrom <br /> or protect tfie security hereof and, with or without takinfl possession of the Trust Estate, sue for or otherwise collect the <br /> rencs, issues and profits thereof, includinp those pasi due and unpaid, and apply the same, less cosis and expenses ot <br /> ope:ration and collection includinfl attorneys' fees, upon any indebtedness secured hereby, all in such order as Beneficiary <br /> may dete�mine. The enterinc� upon and takinp possession of the Trust Estate, the collection of such rents, issues and <br /> prulits and the applic�tion thereof as aforesaid shall not cure or waive any default or notice of default hereunder or <br /> inv�lidate any act done in response to such default or pursuant to such notice of default and, notwithstanding the <br /> con[inuance in possession of tiie Trust Estate or the collection, receipt and application of rents, issues or protits, Trustee <br /> or Beneficiary shall been entitled to exercise every right provided for in any of the Loan Instruments or by law upon <br /> occurrence of any event of default, 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 <br /> en(orce any of the covenants hereof; <br /> (iii) deliver to Trustee a written declaration of default and demand for sale and a written notice ot default and <br /> election to cause Trustor's interest in the Trust Estate to be sold, which notice Trustee shall cause to be duly filed (or <br /> record in the appropriate offices of the County in which the Trust Esiate is located; or <br /> (iv) exercise such other rights or remedies at law or in equity. <br /> 1 1. Forec%sure byPowe�ofSa/e. If Beneficiary elects to foreclose by exercise of the Power of Sale herein contained, <br /> Bene(iciary st�all notify Trustee and shall deposit with T�ustee this Second Deed of Trust and any note evidencing the Indebtedness <br /> and such receipts and evidence of expenditures made and secured hereby as Trustee may require. <br /> (a) Upon receipt of such notice from Beneficiary, Trusiee shall�ause to be recorded, published and delivered <br /> to Trustor such Notice of Default and Notice of Sale as then required by law and by this Second Deed of Trust. Trustee <br /> shall, without demand on Trustor, after such time as may then be required by law and after recordation of such Notice of <br /> Default and aiter Notice of Sale havinq been given as required by law, sell the Trust Estate at the time and place of sale <br /> fixed by it in such Notice of Sale, either as a whole, or in separate lots or parcels or items as Trustee shall deem expedient, <br /> and in such order as it may determine, at public a�ction to the hic�hest bidder (or cash in law(ul money of the United States <br /> payable at tt�e tirne ot sale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or <br /> deeds conveyinfl the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed <br /> of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including without limitation <br /> 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, <br /> including costs of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of (i) the <br /> Indebtedness (ii) all other sums then secured hereby, and (iii) the remainder, if any, to the person or persons legally entitled <br /> thereto. <br /> (c) Trusiee may in the manner provided by law postpone sale o( all or any portion of the Trust Estate. <br /> 12. Remedies Not Exc/usive. Trustee and Beneficiary, and each o( them, shall be entitled to enforce payment and <br /> performance of any indebtedness or obligations secured hereby and to exercise all riphts and powers under this Second Deed o( <br /> Trust or under any Loan Instrument or other ac�reement or any laws now or hereafter in force; notwithstandinp, some or all of the <br /> such ind�btu�lncss and obliUatians secured hereby may�ow or hereafter be otherwise secured, whether by mortflafle, deed of trust, <br /> ple���e, lici�, assi��nment or otherwise. Neither the acceptance of this Second Deed ot Trust nor its enforcement, whether by court <br /> action or pursuant to the power o( sale or other powers herein contained, shall prejudice or in any manner affect Trustee's or <br /> Bene(iciary's right to realize upon or entorce any other security now o�herea(ter held by Trustee or Beneficiary, it being agreed that <br /> Trustee and Beneticiary, and each ot them, shall be entitled to enforce this Second Deed ot Trust and any other security now or <br /> i _ . . _ . � . � <br />