|
— ____ � -c � � ,..�.,
<br /> .���
<br /> '� --==-
<br />�_� _
<br /> nr
<br />:a
<br /> � �
<br /> 3 �
<br /> ��`- 10241��
<br /> i : 17 . �'or.eb�saxanae by Sene�icaiary or Truqtp� llot a Waivar.
<br /> : Any fore3�aaranae by Henef3ciary or Trixsfiee in exera�.s�.ttg any
<br /> right as r�mndy hereunder, ox othorwiee afforded by app].�Qable
<br /> law, ahall not be a waiver oE or preolt�de the exercise o� any
<br /> such right or remedy. La.kewise, the waiver by Be�eficiary vr
<br /> Pz-u�tee of any default o� Trus�or under �his Ds�d of Trust shall
<br /> not be deemed to be a waiver oP any other aimilar defaulta
<br /> subsequen�ly occurring.
<br /> � 18. T�ustor Not Rele�ased. Extension oP the time for
<br /> � payment or modification or amortization of the sums secured by
<br /> ': this Deed of Trust granted by Beneficiary to any succ:essor in
<br /> interest of 'Trustor shall not operate to release, in any manner,
<br /> the liability of the original Truster araa� Trustor's succeasor in
<br /> inter�st. Benefic�,ary shall not �e required to commence
<br /> � proceedings agains� such successe� or refuse to extend time for �
<br /> � , payment c�r otherwise modify amortfzation of the suxas secured by
<br /> � this Deed of Trus�t 3�y reasfln of any demand made by the origina2 •
<br /> Trustor and Trustor�s a�uccessor in interest. .
<br /> � 19. Benefia�.a�v�s 1ao e s. Without• affeating the. Iiability
<br /> � of the Trustor or any other person liable far the payment of any
<br /> obliqation herein mentioned, and wi•thout affecting the ].ien ar
<br /> charge of this Deed of Trust upon any portion of the Property not
<br /> then or theretofore released as security for the full amount of � '
<br /> all unpai.d obligations, Beneficiary may, from time to time and ' �
<br /> without notfce, (i) release any person so liable� (ii) extend the
<br /> ' maturity or alter any of the terms of any such obliqations, (iii) � ,,._
<br /> - . qrant other indulqences, (iv) release or reconvey, ox cause to be � �s
<br /> released or reconveyed at any time at Beneficiary's options ariy T"
<br /> _ __ parcel, portion or all of the Propert�s �v� take �r rAlAacg �rs __:
<br /> otlher or additional security for any obligation herein mentioned,
<br /> or (vi) make compositions or other arrangements with debtors in
<br /> relation theretc. , ..
<br /> ':,,
<br /> � 20. Reconveyance by Trustee. Upor� written request of
<br /> i Heneficiary stating thut all sums secured hereby have been paid,
<br /> t and upon surrender of this Deed of Trust and the Note to Trustee
<br /> � for cancellation and retention and upon payment by Trustor of
<br /> Trustee's fees, Trustee shall reconvey to Trustor, or the person
<br /> : or persons legally entitled thereto, without warranty, any '
<br /> portion of the Property then heid herennder. The recitals in
<br /> such reconveyance of any matters or facts shall be conclusive _"��
<br /> proof of the truthfulness thereof. The grantee in any : � '
<br /> , reconveyance may be described as "the person or persons legally �
<br /> ; entitled thereto�� .
<br /> I . 21.
<br /> Notices. Except for any notices, demands, requests,
<br /> or other communications required under applicable law to be
<br /> ' given in another manner, whenever Beneficia�ry, Trustor, or
<br /> Trustee gives or serves any notice ( includi.ng, without
<br /> . . limitation, notice of default and notice of sale) , demands, -
<br /> . 9
<br /> r'_--__----_--
<br /> � �
<br /> � {...� � �
<br /> ti
<br />. �
<br /> t�> .
<br /> � �
<br />. ._.. _-.,....-,._.__—.—___._.._�_�.-__.,r--.-�._�... .---�._._�__...-._.;-......_�__._.__....._.__._,...�__._�.,..�.._...�_..'."'-'._..._�..�.� -.�---"—�^---- -
<br /> ..-.. .. .. ' - . . .-. ' �.-� . ., . . . _ - _`. _ . � . • . . . . (t . .....�._....� ' ____
<br /> � - � . - . � - . r. . �. ` . ' ( . . ��. • . .
<br /> . , , r, ' - � �. . , .
<br /> , . �. , _ . �. , .
<br />
|