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201503940
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Last modified
7/21/2017 2:41:41 AM
Creation date
6/15/2015 9:21:06 AM
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DEEDS
Inst Number
201503940
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201503940 <br /> (a) To the payment of the costs and expenses of any such sale or other <br /> enforcement proceedings in accordance with the terms hereof and of any judicial <br /> proceeding wherein the same may be made (including payment of the Trustee's fees of <br /> not more than 5%of the gross sale price, attorneys' fees and costs of title evidence), and <br /> in addition thereto, reasonable compensation to Agent, its agents and counsel, and all <br /> actual out of pocket expenses, advances, liabilities and sums made or furnished or <br /> incurred by Trustee, Agent or Lenders under this Deed of Trust and the Loan Agreement <br /> and the other Loan Documents, together with interest at the maximum rate permitted by <br /> law, and all taxes, assessments or other charges, except any ta�ces, assessments or other <br /> charges subject to which the Trust Property shall have been sold; <br /> (b) In accordance with the applicable provisions of the Loan Agreement; <br /> (c) To the payment of any other sums required to be paid by Grantor pursuant to <br /> any provision ofthis Deed ofTrust, or any other Loan Document;and <br /> (d) To the payment of the surplus, if any,to whomsoever may be lawfully entitled <br /> to receive the same. <br /> The Grantor shall remain liable for any deficiency to the extent provided in the <br /> documents that create the Obligations Secured. <br /> 9. Cumulative Remedies; Delay or Omission Not a Waiver. No remedy or right <br /> of the Agent shall be exclusive of; but shall be in addition to,every other remedy or right now or <br /> hereafter existing at law or in equity. No delay in the exercise or omission to exercise any <br /> remedy or right available during the existence of any Event of Default shall impair any such <br /> remedy or right or be construed to be a waiver of such Event of Default or acquiescence therein, <br /> nor shall it affect any subsequent Event of Default of the same or different nature. To the extent <br /> permitted by applicable law, every such remedy or right may be exercised concurrently or <br /> independently and when and as often as may be deemed expedient by the Agent. <br /> 10.�ent's Remedies against Multiple Parcels. If more than one property, lot or <br /> parcel is covered by this Deed of Trust, and this Deed of Trust is foreclosed upon,or judgment is <br /> entered upon any 4bligations Secured (or, in the case of a trustee's sale, shall have met the <br /> statutory requirements thereof with respect to such collateral), execution may be made upon any <br /> one or more of the properties, lots or parcels and nat upon the others, or upon all of such <br /> properties or parcels, either together or separately, and at different times or at the same time, and <br /> execution sales or sales by advertisement may likewise be conducted separately or concurrently, <br /> in each case at the election of the Required Lenders(as defined in the Loan Agreement). <br /> 11.No Mer�er. ln the event of a foreclosure of this Deed of Trust or any other <br /> mortgage or trust deed securing the Obligations Secured, the Obligations 5ecured then due shall, <br /> at the option of the Required Lenders (as defined in the Loan Agreement), not be merged into <br /> any decree of foreclosure entered by the court, and the Trustee or Agent may concurrently or <br /> subsequently s�ek to foreclose one or more mortgages or deeds of trust that also secure the <br /> Obligations Secured. <br /> 716530428 14447759 y <br />
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