Laserfiche WebLink
2� 17� 1171 <br /> Se�t�on 20. App�ication of Sa�e Pr��eeds_ T�-u.s�ee sha1� apply the pro�eeds a�F a.ny trustee's <br /> sa�e, f rst,to the casts and expenses nf��ercising the power of sale a.�.d of the sa.��, �nc�udin�the paymen� <br /> af Trust�e's fees actua�ly incurred�at to exceed th� am�unt�vhich may be prav�d�d for zn thxs De�d af <br /> Trust, second., t� pay�n�nt of the Z�.de�tedness secured b� t��s Deed �f Trust, th�rd, to the pa�ment of <br /> j�xnior deeds Qf�rust, mortgages a�- �the�- Iienholders, and the ba�a�ce, xf any, to �� �erson ar pers��� <br /> �ega�I�enti�Ied thereto. <br /> �ection Z 1.Waiver of Marsha��ing. Trustor and ar�y pa.rty v�h�cor�ents ta t�s I]eed �f Trust, <br /> and any party wha na� or hereafte� acqu:�res a lien or� the Trust Pr�per� and who has a�tual or <br /> cflx�struct�ve n�t�ce of th�s ]D�ed �f T�-u.st hereby �va.ives any and a�� right t� requ�re the marsha���ng of <br /> assets i� cann�ction vwi�h �he ��e�cise of an� �f the remedies permitted b� appl�eable Ia�v �r prov�ded <br /> here�n. <br /> Se�t�on 22. Remedies Not E�ciusrve. A�� remed�es pr�vided in this �]eed of Trust are dist�nct <br /> and cumu��.tive t� an� �ther right or remedy under this Deed �f Tru.st or the ath.e�-L�an I3ocur��nts or <br /> afforded b��a�v or equ��y,and may be e�ercised conc�arrent�y,�r�dependently�r success�vely. 7�ruste�a�xd <br /> B�nefi�iary, and each.�f tnem, sha��be ent�t�ed to enfarce payment and perform.anGe of�ny Iridebtedn�ss <br /> and to�xercise all�ights a�.d po�v5rers under thxs Deed�f Trust��und.er ax�y of the�ther]Loa��ocun�.emts <br /> or an� app�icab�e Iativs naw or hereafter in farce; �zotvvithstandi��, s�nr�e or a11 of the Ine�ebtedness and <br /> ab�zgat���s secured hereb� may n��nr or hereafter b� otherwise secured, whet.�er b� mor�gage, deed of <br /> trust, p�edge, �ie�, ass�gnment or o�herwise. Neit�er the a��ep�ance of t�is Deed of Trust ��r i�s <br /> enf�rcement, �he�her b� cour� act��n ar pursuant to the power of sale �r other pov�ers herein contained, <br /> sha�� prejudice ��- zn any ma�raer affect Trustee's or Fer�ef ciary's �ght to rea�ize upo�z or enforce any <br /> other se�ur�t� �.o�nr ar hereafter held b� Trus�ee ar Benef c�ary, it being agreed �hat �'rustee and <br /> I3enef c�a�-y, anc�each of them, shall be ent�tled to enfarce th�s�3eed of Trust and an� athe�-secu�-�ty n��v <br /> or hereaft�r he�d by �3eneficxary or Trustee in su�h ardex and m�.nne� as the� or e�ther of�hem rnay in <br /> the�r abso�ute d�scret�or� determzne_ No remedy here�n cor�ferrec� upan or reser�e� to Trustee or <br /> Be�.ef ciary xs �ntended�to be ex�lusiv� of any o�ther rernedy here�n or b� �aw provided ar�ermit��d, but <br /> each s�all be cumu�a�a�e and s�a1l �e in add���an to every other remedy gi.ven hereunder or n�� or <br /> hereafter ex�st�ng at lav� ar in equ�t�or by s�atute. Every powe�or �emedy g�ven b�this I�eed of Trust <br /> an.d the other Loan Documen�s ta Trustee or Benef ciary or ta v�hich e��h�r of�he�n may be o�herw�se <br /> ent�t�ed, may be exerc�sed, concurrent�y or �ndepend��t��, frorn tx�r�.e �Q ��me an� as �ften as �na.y be <br /> d�emed expedient by Tru�tee or Benef�xary, and �ithe� af them may pursue xncons�stent remed�es. � <br /> �othing here�n sha�l b� cons�rued as p��h�bit�ng Be�e#icia�y f�-om seekxng a c�ef cxenc�judgment aga7nst <br /> Trus�or�o�he e��ent such action�s pe�r�.�t�ed b�appl�cable Iavv. <br /> S�ction 23. Request For Not�Ge_ Trustor and aII other parties set f�rth here�n hereb� reques� a <br /> capy�f any no�ice of defau��an�a cop�r�f any�o��ce�f sa�e hereunder b�ma��ed to t�hem at�he address <br /> sef farth in�he first para.graph af�his I]eed of Trust. <br /> Secti�n 24. Time �f the �ssence. Time is of�he essence �n al� of Trustar's obligatf�ns and <br /> duti es hereunder. <br /> Section 25. Recon�ey�nce by Trustee. All of the�erms, co�dit�ons and�biiga�Yons conta�ned <br /> �n this Deed of Trust shai� continue in fu�l force and effeet unt�� such tim.e as the Zndebtedr�ess has been <br /> ���Iy and f nally pa�d and performed. �Jpon wr�tten request of Benefzciary s�a�ing that aI1 sums secured <br /> hereby have be�n paid and upan surrender�f this Deed�f Trust and the Nat�to Trus�ee for cancella�ion <br /> and retent��r� and upQn pa�ment by Benef ciar� of�`rustee's fees, Trustee sha�l reconvey ta]Benef ciary, <br /> or the pers�n or persons Ie�ali�entit�ed there�o, w�thout warranty, any por�ion o�the Trw.st�raper�y�hen <br /> he�d hereunde�-. The rec��a�s in such reconveyance of any mat�ers or facts sha.l�be conclus�ve proof of the <br /> truthfu�n�ss th�r�of_ The gran�ee�n ar�y rec�nv�yance may be descri�ed as"�h�persan or persons ��ga��� <br /> 9 <br /> 4843-�883-�474.I <br /> EVI Grand�sland <br /> Deed of Trust <br />