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�� � U00594 <br /> (dl a wnt of execut�on or attachment of any sim�lar process shall be entered aga�nst Trustor wh,c;ti shaii <br /> beCome a lien on the Trust Estate or any portion thereof or �nterest there�n and such execut�on, attachment or sun�lar <br /> process of judgment �s not released, bonded, satisfied, vacated or stayed within s�xty 160) d�ys after its entry or tevy; or <br /> (e) there has occurred a breach of or default under any term, covenant, agreement, condit�on, prov�s�on. <br /> representation or warranty contained in any prior deed of trust or mortgage affecting the Trust Estate. <br /> 10. Acce/eration upon De/au/t; Additiona/ Remedies. If an event of default occurs, Beneficiary may declare the <br /> Indebtedness secured hereby to be due and payable and the same shali thereupon become due and payable without any <br /> presentment, 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 appo�ntea <br /> by a court and without regard to the adequacy of its security, enter upon and take possession of the Trust Estate, or any <br /> part thereof, in its own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve <br /> the value, marketability or rentability of the Trust Estate, or part thereof or interest therein, increase the income therefrom <br /> �or protect the security hereof and, with or without taking possession of the Trust Estate, sue for or otherwise collect the <br /> rents, issues and profits thereof, including those past due and unpaid, and apply the same, less costs and expenses c' <br /> . operation and coliection incfuding attorneys' fees, upon any indebtedness secured hereby, ali in such order as Beneficiary <br /> may determine. The entering upon and taking possession of the Trust Estate, the collection of such rents, issues ar.d <br /> profits and the application thereof as aforesaid shail not cure or waive any defauit or notice of default hereunder or <br /> 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 appiication of rents, issues or profits, Trustee <br /> or Beneficiary shall been entitled to exercise every right provided for in any of the Loan Instruments or by law upor <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 specificall�� <br /> enforce any of the covenants hereof; <br /> (iii} deliver to Trustee a written deciaration of default and demand for sale and a written notice of default anc <br /> election to cause Trustor's interest in the Trust Estate to be sold, which notice Trustee shall cause to be duly filed fer <br /> record in the appropriate offices of the County in which the Trust Estate is located; or <br /> (iv} exercise such other rights or remedies at law or in equity. <br /> 1 1. Forec%sure by Power of Sale. If Beneficiary elects to foreclose by exercise of the Power of Sale herein containeC, <br /> Beneficiary shall notify Trustee and shall deposit with Trustee 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 /> Ia) Upon receipt of such notice from Beneficiary, Trustee shall cause to be recorded, pubiished and delivere� <br /> to Trustor such Notice of Default and Notice of Sale as then required by law and by this Second Deed of Trust. Truste� <br /> shall, without demand on Trustor, after such time as may then be required by law and after recordation of such Notice c- <br /> Default and after Notice of Sale having been given as required by law, sell the Trust Estate at the time and place of sa�� <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 expedien-. <br /> and in such order as it may determine, at public auction to the highest bidder for cash in lawful money or the United State° <br /> payable at the time of sale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed �� <br /> deeds conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such dee� <br /> of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including without limitaticr <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 Trus- <br /> including costs of evidence of title in connection with sale, Trustee shall apply the proceeds or sale to payment of (i} r_-,_ <br /> Indebtedness (ii} all other sums then secured hereby, and (iii► the remainder, if any, to the person or persons legally entitle� <br /> thereto. � <br /> Ic) Trustee may in the manner provided by law postpone sale of all or any portion of the Trust Estate. <br /> 12. Remedies Not Exc/usive. Trustee and 8eneficiary, and each of them, shall be entitfed to enforce payment ar:. <br /> performance of any indebtedness or obligations secured hereby and to exercise ail rights and powers under this Second Deed :;� <br /> Trust or under any Loan Instrument or other agreement or any laws now or hereafter in force; notwithstanding, some or ail of tr� <br /> such indebtedness and obligations secured hereby may now or hereafter be otherwise secured, whether by mortgage, deed of trust <br /> pledge, lien, assignment or otherwise. Neither the acceptance of this Second Deed of Trust nor its enforcement, whether by cour� <br /> action or pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner affect Trustee's : <br /> Beneficiary's right to realize upon or enforce any other security now or hereafter held by Trustee or Beneficiary, it being agreed tha <br /> Trustee and Beneficiary, and each of them, shall be entitled to enforce this Second Deed of Trust and any other security now � <br /> HBA-8 <br />