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y L V � V V� V�� <br /> DEED �F TRUST <br /> Laan Na: �4'1295�7� � �Cont[tlued} Page 7 <br /> and e�idence�f expenditu�-es made and secured by fihis Deed o�Trust as Trus�ee may require. <br /> {a} Upan receip�❑f su�h notice�rom Lender, Trusfiee shall cause to be re�orded, puf�lished and deli�ered <br /> to Trus�ar such No�ice of De�ault and No#ice ❑� 5ale as then required by law and by�his Deed of Trus�. <br /> Trustee sha��, wifihou� demand on Trustv�. aft�r such time as may then be required hy �aw and after <br /> recardation of such No�ice a� Defaul� and after Notice of Sale ha�ing been gi�en as required by law, sell <br /> the Property at �he time and pface ❑� sale fixed by it in such Notice of SaEe, e�ther as a whofe, ❑r in <br /> separate Iots ar par�els or items as Trustee shall deem expedient, and in such ❑rder as i�may d�termine, <br /> at public aucfiion to�he highest bidder for cash �n lawful money o�the Uni�ed Stafies payable at the time <br /> v� sale. Trustee shall deli�er to such purchaser or purchasers thereaf its good and su�fficien�k deed vr <br /> deeds can�eying fihe prvperty sa safd, bu� withvut any ca�enan� ❑r warran�ty, express or imp�ied. The <br /> recifials �n such deed of any ma��ers ar fac�s shafl be conclusi�e prvof af fihe tru�hfulness the�-e��. Any <br /> person, �ncluding without limEtatian Trustor,Trustee, or Lender, may purchase at such sa�e. <br /> �b} As may b� permi�fied by Eaw, after dedu�ting all cos�s, fees and expenses af Trustee and af this <br /> Tr-ust, incfudEng �osts of e�idence v�title in�onnec�kian with sale,T�-usfiee shall apply the proceeds of sale <br /> t� payment of 4i� all sums exp�nd�d und�r the terms o�this Deed af Trust❑r under the terms of the Note <br /> not then repaid, including hut nvfi �imited �o a��rued in�erest and late charges, tii} ak! o�her sums �hen <br /> secured hereby, and �iii}the remainder, if any,to the per-son�r persans legally en�i�led thereto. <br /> tcy Trus�ee may in the manner pra�id�d by!aw posfipone sa�e of all vr any pvrtion❑f�the Prvperty. <br /> Remedies Nat Exclusive. Trustee and Lender, and each v� them, shal! be entit�ed �a enforce payment and <br /> performance of any indeb�edness ❑r❑bliga�ions secu�-ed by this ❑eed of Trust and�v ex�rcise all rights and powers <br /> under�his Deed of Trust, under the Na�e, under any a�r the Related Documen�s, ❑r under any o�her agreemen� or <br /> any laws n�w vr hereafter in force; nvtwi�hs-�anding, same ar all of such indeb�edness and obligations secured hy <br /> �this Deed of Trus� may nvw ❑r hereaf�er be atherwise secured, whether by mortgage, deed o#trust, pledge, lEen, <br /> assignment ❑r o�herwise. Neither the acceptance of fihis Deed ❑f Trust nv� its enforcement, whether by cour� <br /> action �r pursuan�to the pvwer �f sale ar ❑ther pawers con�ained in this Deed ❑�Trus�, shai! pre�udice or in any <br /> manner affect Trustee's ❑r Lender's righ� to realize upon or enforGe any a�her security naw or hereafter held by <br /> Trus�ee or Lender, i�b�ing agreed that Trus�ee and Lende�-, and each of them, shaf I be entEt�ed�o en�orce�his aeed <br /> o�Trust and any a�her securi�y naw or h�reaft�r held hy Lender or Trus�ee in such order and manner as they ❑r <br /> either of them may in their absolute discretivn determine. No remedy cvnferr�d upon ❑r reser�ed �❑ Trusfiee ❑r <br /> L�nder, is intended to he exclusive of any o�her remedy in this aeed ❑f Trust ar by law pro�ided �r permitted, but <br /> each shall be cumulati�e and shall be in addFtion ta e�ery other remedy gi�en in this �eed v� Trust vr nvw or <br /> hereafter existing at�aw❑r in�quity or by s�atu�e. Every pvwer ar remedy g�Wen by�he Note or any of the Related <br /> Documents to Trustee vr Lender o�' to which either of them may }�e ❑�herwise en�i�led, may be exercised, <br /> concurrently ❑r independen�ly, �rom �ime t❑ time and as often as may �e deemed expedien� �ay Trustee or Lender, <br /> and either o�F them may pursue inconsistent rem�d�es. Nothing in thEs Ueed o� Trust shall be �onstrued as <br /> prohibi�ing Lend�r-�rom seeking a de�iciency judgmen�a�ainst�he Trus�or to�he ex�en�such action is permitted by <br /> law. <br /> Electivn of Remedies. A!! of Lender's righfis and remedies wil! be cumula�i�e and may be exerc�sed atane or <br /> tvge�her. If Lender decides ta spend money or to perform any o-�Trustor's ❑laligativns under�his ❑eed vfi Trust, <br /> after Trus�or's failure ta d❑ sv, that decisivn by Lender wil� not affect Lender's r�ght t❑ declare Trustor �n default <br /> and�v exercise Lender's remedies. <br /> Re�uest for No#ice. Trus�o�, on behalf o-�Trustvr and Lender, hereby requesfis that a c�py ofi any No�ice af Defaul� <br /> and a cvpy❑f any Nofiice o�5a�e under�his Deed a�Trus�be mailed to them at the addresses set fivrth in the firs�t <br /> paragraph o��his Deed ❑�Trust. <br /> Attorneys' Fees; Expenses. Ef Lender insfiitutes any sui� or action tv enforce any vf the �erms of this Deed a� <br /> Trust, Lender shall be entitled to re�over such sum as the caurt may adjudge reasonabfe as a��vrneys' fees at trial <br /> and upon any appeaf. Whether or nat any court activn is rnva[�ed, and to the exten� no� prahi�i�ed by law, all <br /> reasanable expenses Lender incurs �hat in Lender's ❑pinion are necessary at any time for �he protection vfi its <br /> infierest or the enfvrcement of ifis righfis shafl become a parfi❑f the lndeb�edness payable an demand and shafl bear <br /> in�erest a��he No�e ra�e from�he date❑f�he expenditure until �-epaid. Exp�nses ca�ered by this paragraph in�lude, <br /> without limitation, howe��r subjecfi fi❑ any limi�s under appl�cable faw, Lender's att��neys' fees and Lender's legal <br /> expenses, whe�her ar nat there is a �awsuit, includ�ng attorneys' fees and expenses �or bankruptcy prviceedings <br /> {including efforts to modify❑r�acate any autvma�i�stay or injunctiany, appeals, and any anticipated post judgmenf <br /> co��ection services, fihe cvst of searching records, o��ka�ning ti��e repor�s {including �oreclosure repor�sy, sur�eyvrs' <br /> reports, and appraisal �ees, title insuran�e, and �ees for the Trust�e, tv �he extent permitted by applicab�e law. <br /> Trustvr aEsv will pay any cvurt cosfis, �n additivn t�al!vther sums pro�ided by law. <br /> Rights o�Trus�ee. Trus�ee shall ha�e a!i o�the ri�hts and duties��Lender as set�orth in this sectivn. <br /> POINERS AN❑ �gLiGAT�DNS aF TRUSTEE. The following pro�isions reEa�ing tv the powers and o�al�gations o�Trustee <br /> are part v�this I�eed❑f Trust: <br /> Powers of Trustee. In additi�n�o aI[ pvwers ❑f Trustee arising as a mat�er�f law,Trus�ee shal! have the power to <br /> �ake�he�oflowing ac�ions wi�h respect to the Prop�rty upon ths writ�en reques�v� Lender and Trustvr; �a}�oin in <br /> preparing and �filing a map or plat of �he Real Praper�y, in�fuding �he dedication a� streets vr ��her rights ta th� <br />