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A.JL 0 v <br />Beneficiary, or to which Beneficiary may be otherwise entitled, may be exercised, concurrently <br />or independently, from time to time and as often as may be deemed expedient by Beneficiary. <br />Beneficiary may pursue inconsistent remedies. <br />The acceptance by Beneficiary of any sum after the same is due shall not constitute a <br />waiver of the right either to require prompt payment, when due, of all other sums hereby secured <br />or to declare a default as herein provided. The acceptance by Beneficiary of any sum in an <br />amount less than the sum then due shall be deemed an acceptance on account only and upon <br />condition that it shall not constitute a waiver of the obligation of Trustor to pay the entire sum <br />then due, and failure of Trustor to pay such entire sum then due shall be and continue to be an <br />Event of Default notwithstanding such acceptance of such amount on account, as aforesaid. <br />Beneficiary or Trustee shall be, at all times thereafter and until the entire sum then due shall have <br />been paid, and notwithstanding the acceptance by Beneficiary thereafter of further sums on <br />account, or otherwise, entitled to exercise all rights in his instrument conferred upon them or <br />either of them, and the right to proceed with a sale under any notice of default or an election to <br />sell, or the right to exercise any other rights or remedies hereunder, shall in no way be impaired, <br />whether any of such amounts are received prior or subsequent to such proceeding, election or <br />exercise. Consent by Beneficiary to any action or inaction of Trustor which is subject to consent <br />or approval of Beneficiary hereunder shall not be deemed a waiver of the right to require such <br />consent or approval to future or successive actions or inactions. <br />ARTICLE VI <br />MISCELLANEOUS <br />Section 6.01. Governing Law. This Deed of Trust shall be governed by the laws state <br />in which the Property is located. In the event that any provision or clause of this Deed of Trust <br />conflicts with applicable laws, such conflicts shall not affect other provisions of this Deed of <br />Trust which can be given effect without the conflicting provision, and to this end the provisions <br />of this Deed of Trust are declared to be severable. This instrument cannot be waived, changed, <br />discharged or terminated orally, but only by an instrument in writing signed by the party against <br />whom enforcement of any waiver, change, discharge or termination is sought. <br />Section 6.02. Waiver of Rights. To the extent permitted by law, Trustor waives the <br />benefit of all laws now existing or that hereafter may be enacted (i) providing for any <br />appraisement before sale of any portion of the Mortgaged Property, and (ii) in any way extending <br />the time for the enforcement of the collection of the Secured Obligations or creating or extending <br />a period of redemption from any sale made in collecting the Secured Obligations. To the full <br />extent Trustor may do so, Trustor agrees that Trustor will not at any time insist upon, plea, claim <br />or take the benefit or advantage of any law now or hereafter in force providing for any <br />appraisement, valuation, stay, extension or redemption, and Trustor, for Trustor, Trustor's <br />representatives, successors and assigns, and for any and all persons ever claiming any interest in <br />the Mortgaged Property, to the extent permitted by law, hereby waives and releases all rights of <br />redemption, valuation, appraisement, stay of execution, notice of election to mature or declare <br />due the whole of the Secured Obligations and marshaling in the event of foreclosure of the liens <br />hereby created. If any law referred to in this Section 6.02 and now in force, of which Trustor, <br />Trustor's heirs, devisees, representatives, successors and assigns or other person might take <br />24 <br />