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201507763 <br />10. Acceleration Upon Default; Additional Remedies. Should <br />an event of default occur Beneficiary may declare all indebtedness <br />secured hereby to be due and payable and the same shall thereupon <br />become due and payable without any presentment, demand, protest, or <br />notice of any kind. Thereafter Beneficiary may: <br />(a) Either in person or by agent, with or without bringing any <br />action or proceeding, or by a receiver appointed by a court and without <br />regard to the adequacy of its security, enter upon and take possession of <br />the Trust Estate, or any part thereof, in its own name or in the name of <br />the Trustee, and do any acts which it deems necessary or desirable to <br />preserve the value, marketability or rentability of the Trust Estate, or <br />part thereof or interest therein, increase the income therefrom, or protect <br />the security hereof and, with or without taking possession of the Trust <br />Estate, sue for or otherwise collect the rents, issues, and profits thereof, <br />including those past due and unpaid, and apply the same, less costs and <br />expenses of operation and collection including attorneys' fees, upon any <br />indebtedness secured thereby, all in such order as Beneficiary may <br />determine. The entering upon and taking possession of the Trust Estate, <br />the collection of such rents, issues, and profits, and the application <br />thereof as aforesaid, shall not cure or waive any default or notice of <br />default hereunder or invalidate any act done in response to such default <br />or pursuant to such notice of default and, notwithstanding the <br />continuance in possession of the Trust Estate or the collection, receipt, <br />and application of rents, issues, or profits, Trustee or Beneficiary shall be <br />entitled to exercise every right provided for in any of the Loan <br />Instruments; or by law upon occurrence of any event of default, <br />including the right to exercise the power of sale. <br />(b) Commence an action to foreclose this Deed of Trust as a <br />mortgage, appoint a receiver, or specifically enforce any of the covenants <br />hereof; <br />(c) Deliver to Trustee a written declaration of default and demand <br />for sale, a written notice of default and election to cause Trustor's <br />to be duly du l the led for Estate <br />ecord to <br />appropriate notice <br />Official Trustee Records of the <br />to bly <br />County in which the Trust Estate is located. <br />11. Foreclosure by Power of Sale. Should Beneficiary ri e c t to <br />foreclose by exercise of the Power of Sale herein contained, <br />shall notify Trustee and shall deposit with Trustee this Deed of Trust and <br />the Note and such receipts and evidence of expenditures made and <br />secured hereby as Trustee may require. <br />(a) Upon receipt of such notice from Beneficiary, Trustee shall <br />cause to be recorded, published, and delivered to Trustor such Notice of <br />Default and Notice of Sale as then required by law and by this Deed of <br />Trust. Trustee shall, without demand on Trustor, after such time as may <br />4 <br />