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200001684 If Merrill Lynch terminates or permanently freezes the Account, pursuant to this paragraph, all credit card(s) and unused checks obtained in connection with the Account must be immediately mailed to Merrill Lynch at the address specified on our most recent billing statement. In any event, once Merrill Lynch freezes or terminates the Account under this paragraph, the persons who sign the Agreement will no longer have any right to obtain additional advances under the Account. Merrill Lynch shall be entitled to collect all reasonable costs and expenses incurred in pursuing the remedies provided in this paragraph, including, but not limited to, reasonable attorneys' fees and the entire accrued interest, late charges and other charges imposed on the Account. In the case of a foreclosure sale, the Property may be sold in one parcel. (c) TEMPORARY FREEZING OF THE ACCOUNT OR REDUCTION IN CREDIT LIMIT. Merrill Lynch can (a) freeze the Account; or (b) reduce the credit limit available to persons signing the Agreement during any period in which: (1) the value of the Property declines significantly below its appraised value for purposes of the Account; or (2) Merrill Lynch reasonably believes that we or any person who signs the Agreement will be unable to fulfill the repayment obligations under the Account because of a material change in our financial circumstances or the financial circumstances of any person who signs the Agreement; or (3) we or any person who signs the Agreement is in default of any material obligation under the Agreement; or (4) government action prevents Merrill Lynch from imposing the annual percentage rate set forth in the Agreement; or (5) government action impairs Merrill Lynch's security interest in the Property to the extent that the value of the security interest is less than 120 percent of the credit line; or (6) a federal or state regulatory agency notifies Merrill Lynch that continued advances would constitute an unsafe and unsound practice; or (7) the annual percentage rate reaches the maximum allowed under the Agreement. Merrill Lynch need not reinstate credit privileges or increase the credit limit available unless we request such reinstatement and, after investigation, Merrill Lynch determines that the condition no longer exists. If Merrill Lynch temporarily freezes the Account or reduces our credit limit, we will not be obligated to repay the amounts outstanding under the Account until the date such amounts are due, as specified in the Agreement. If Merrill Lynch temporarily freezes the Account, pursuant to this paragraph, Merrill Lynch may, but is not required to, notify us that all credit card(s) and unused checks obtained in connection with the Account must be immediately mailed to Merrill Lynch at the address specified on our most recent billing statement. If Merrill Lynch exercises this option, and credit privileges are later reinstated, Merrill Lynch will issue checks and /or card(s) in accordance with the procedures described in paragraph 5. In any event, once Merrill Lynch temporarily freezes the Account under this paragraph, the persons who sign the Agreement will no longer have any right to obtain additional advances under the Account until credit privileges are reinstated. IF MERRILL LYNCH INVOKES THE POWER OF SALE UNDER THIS DEED OF TRUST, MERRILL LYNCH SHALL EXECUTE OR CAUSE TRUSTEE TO EXECUTE A WRITTEN NOTICE SPECIFYING, WITHOUT LIMITATION, THE FOLLOWING: (a) THE OCCURRENCE AND NATURE OF AN EVENT OF DEFAULT: (b) MERRILL LYNCH'S ELECTION TO ACCELERATE THE DEBT EVIDENCED BY THE AGREEMENT AND TO CAUSE THE PROPERTY TO BE SOLD; AND (c) OUR RIGHT, IF ANY, UNDER APPLICABLE LAW, TO REINSTATE THE ACCOUNT AND AVOID SALE OF THE PROPERTY. MERRILL LYNCH SHALL CAUSE SUCH NOTICE TO BE RECORDED IN EACH COUNTY IN WHICH THE PROPERTY OR SOME PART THEREOF IS LOCATED, AND SHALL HAVE COPIES OF SUCH NOTICE MAILED TO THE PERSONS IN THE MANNER PRESCRIBED BY APPLICABLE LAW. IF WE ARE PERMITTED, UNDER APPLICABLE LAW, BUT FAIL TO REINSTATE IN ACCORDANCE WITH THE TERMS OF THE NOTICE REQUIRED ABOVE IN THIS PARAGRAPH 15, OR IF WE ARE NOT PERMITTED TO SO REINSTATE, TRUSTEE SHALL GIVE PUBLIC NOTICE OF SALE OF THE PROPERTY TO THE PERSONS AND IN THE MANNER PRESCRIBED BY APPLICABLE LAW. AFTER THE LAPSE OF SUCH TIME AS MAY BE REQUIRED BY APPLICABLE LAW, AND OUR FAILURE TO REDEEM THE PROPERTY BY PAYING TO MERRILL LYNCH ALL SUMS SECURED BY THIS DEED OF TRUST TOGETHER WITH ALL COSTS AND EXPENSES INCURRED BY MERRILL LYNCH AND FOR WHICH IT IS ENTITLED TO REIMBURSEMENT, UNDER APPLICABLE LAW, TRUSTEE SHALL, WITHOUT FURTHER DEMAND ON OR NOTICE TO US, SELL THE PROPERTY AT PUBLIC AUCTION TO THE HIGHEST BIDDER AT THE TIME AND PLACE AND UNDER THE TERMS DESIGNATED IN THE PUBLIC NOTICE OF SALE IN ONE OR MORE PARCELS AND IN SUCH ORDER AS TRUSTEE MAY DETERMINE. TRUSTEE MAY POSTPONE SALE OF ALL OR ANY PARCEL OF THE PROPERTY BY PUBLIC ANNOUNCEMENT AT THE TIME AND PLACE OF ANY PREVIOUSLY SCHEDULED SALE AND FROM TIME TO TIME THEREAFTER MAY POSTPONE SUCH SALE BY PUBLIC ANNOUNCEMENT AT THE TIME FIXED BY THE PRECEDING POSTPONEMENT. MERRILL LYNCH OR MERRILL LYNCH'S DESIGNEE MAY PURCHASE THE PROPERTY AT ANY SALE. -6-