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200102018 Trustee shall succeed to all the powers, duties, authority and title of the Trustee named in the Trust Deed and of any prior successor Trustee. 14. Trustee's Duties. Trustors acknowledge that: (a) The duties and obligations of Trustee shall be determined solely by the express provisions of this Trust Deed, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth herein, and no implied covenants or obligations shall be imposed upon Trustee; (b) No provision of this Trust Deed shall require Trustee to expend or risk Trustee's own funds or otherwise incur any financial obligation in the performance of any of Trustee's duties herein, or in the exercise of any of Trustee's rights or powers if Trustee shall have grounds for believing that assurance of the repayment of such funds is uncertain; (c) Trustee may consult with counsel of Trustee's own choosing and the advice of such counsel shall be full and complete authorization and protection in respect to any action taken or suffered by the Trustee hereunder in good faith and in reliance upon such advice; (d) Trustee shall not be liable for any action taken by the Trustee in good faith and reasonably believed by Trustee to be authorized or within the discretion or rights or powers conferred upon the Trustee by this Trust Deed. 15. Events of Default. Any of the following events shall be deemed an event of default under this Trust Deed if not cured within 30 days after written notice of such event from Beneficiary to Trustor: (a) Trustor shall have failed to perform any covenant by Trustor to be performed herein; or as provided in any document or instrument also securing the Promissory Note secured hereby; (b) Trustor shall have failed to pay any installment due on the Promissory Note secured hereby on or before 30 days after the due date thereof, or (c) Trustors shall have sold or encumbered the Property in violation of paragraph "11. Transfer of Propert y" herein. 16. Acceleration upon Default, Additional Remedies. Should any event of default occur, Beneficiary may declare all indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without any presentment, demand, protest, or notice of any kind. Thereafter, Beneficiary may: (a) Either in person or by agent, with or without bringing any action or proceeding or by a receiver appointed by a court and without regard to the