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r <br />such terms or conditions as Beneficiary reasonably and in good faith deems proper; (v) <br />obtain and evict tenants, and fix or modify rents, make repairs and alterations and do <br />any acts which Beneficiary deems proper to protect the security hereof; and (vi) with or <br />without taking possession, in its own name or in the name of Trustor, sue for or <br />otherwise collect on Rents and Profits, including those past due and unpaid, and <br />apply the same, less costs and expenses of operation and collection, including <br />reasonable attorneys' fees to Trustor's obligations hereunder. Upon request of <br />Beneficiary, Trustor shall assemble and make available to Beneficiary at the Premises <br />any of the Property which has been removed therefrom. The entering upon and taking <br />possession of the Property, the collection of any Rents and Profits, and the application <br />thereof as aforesaid shall not cure or waive any default theretofore or thereafter <br />occurring or affect any notice of default hereunder or invalidate any act done pursuant <br />to any such notice. Trustee or Beneficiary shall be entitled, at their election and <br />without notice, to the appointment of a receiver or receivers for the Property; provided, <br />however, that any of the actions referred to in this Section 3.02 may be taken by <br />Beneficiary, either in person or by agent, with or without bringing any action or <br />proceeding, or by receiver, and any such action may also be taken irrespective of <br />whether any notice of default or election to sell has been given hereunder and without <br />regard to the adequacy of the security for the indebtedness hereby secured. Further, <br />Beneficiary, at the expense of Trustor, either by purchase, repair or construction, may <br />from time to time maintain and restore the Property, or any part thereof, and complete <br />construction of the Improvements uncompleted as of the date thereof and in the <br />course of such completion may make such changes in the contemplated <br />Improvements as Beneficiary may deem desirable and may insure the same. <br />3.03 Foreclosure. Beneficiary may bring an action in any court of competent <br />jurisdiction to foreclose this Deed of Trust or to enforce any of the covenants and <br />agreements hereof. <br />3.04 Power to Sell. Beneficiary may elect to cause the Property, or any part <br />thereof, to be sold as follows: <br />(a) If Beneficiary elects to exercise its power of sale with respect to the <br />Property, or any part thereof, Trustee shall record a notice of default in each <br />county in which any part of such Property is located and shall mail copies of <br />such notice in the manner prescribed by applicable law to Trustor and to other <br />persons prescribed by applicable law. After the time required by applicable law, <br />Trustee shall give public notice of the sale to the persons and in the manner <br />prescribed by applicable law. Trustee, without demand on Trustor, shall sell <br />such Property at public auction to the highest bidder at the time and place and <br />under the terms designated in the notice of sale in one or more parcels and in <br />any order Trustee determines. Trustee may postpone sale of all or any parcel of <br />the Property in accordance with the provisions of applicable law. Trustee, <br />Beneficiary, or their designee, may purchase at any such sale. Upon receipt of <br />the price bid, Trustee shall deliver to the purchaser a Trustee's deed conveying <br />the Property that is sold. The recitals in the deed of any matter of fact shall be <br />conclusive proof of the truthfulness thereof. <br />(b) Should Beneficiary elect to cause the disposal of any of the Property <br />subject to the Security Agreement in Section 1.08, it may dispose of any part <br />14 <br />20160531"7 <br />