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201901347
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Last modified
3/7/2019 4:12:56 PM
Creation date
3/7/2019 4:12:55 PM
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DEEDS
Inst Number
201901347
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201901347 <br />liability of the original Trustor and Trustor's successors in interest. Beneficiary <br />shall not be required to commence proceedings against such successor or refuse to <br />extend time for payment or otherwise modify amortization of the sums secured by <br />this Deed of Trust by reason of any demands made by the original Trustor and <br />Trustor's successors in interest. <br />(b) Beneficiary's Powers. Without affecting the liability of any other person <br />liable for the payment of any obligation herein mentioned, and without affecting <br />the lien or charge of this Deed of Trust upon any portion of the Property not then <br />or theretofore released as security for the full amount of all unpaid obligations, <br />Beneficiary may, from time to time and without notice (i) release any person so <br />liable; (ii) extend the maturity or alter any of the terms of any such obligations; <br />(iii) grant other indulgences; (iv) release or reconvey, or cause to be released or <br />reconveyed at any time at Beneficiary's option any parcel, portion, or all of the <br />Property; (v) take or release any other or additional security for any obligation <br />herein mentioned; or (vi) make compositions or other arrangements with debtors <br />in relation thereto. <br />(c) Forbearance by Beneficiary Not a Waiver. Any forbearance by <br />Beneficiary in exercising any right or remedy hereunder, or otherwise afforded by <br />applicable law, shall not be a waiver of or preclude the exercise of any such right <br />or remedy. The procurement of insurance or the payment of taxes or other liens <br />or charges by Beneficiary shall not be a waiver of Beneficiary's right to accelerate <br />the maturity of the indebtedness secured by this Deed of Trust. <br />(d) Successors and Assigns Bound; Joint and Several Liability; Captions. <br />The covenants and agreements herein contained shall bind, and the rights <br />hereunder shall inure to, the respective successors and assigns of Beneficiary and <br />Trustor. All covenants and agreements of Trustor shall be joint and several. The <br />captions and headings of the paragraphs of this Deed of Trust are for convenience <br />only and are not to be used to interpret or define the provisions hereof. <br />(e) Request for Notices. The parties hereby request that a copy of any notice <br />of default hereunder and a copy of any notice of sale hereunder be mailed to each <br />party to this Deed of Trust at the address set forth above in the manner prescribed <br />by applicable law. Except for any other notice required under applicable law to <br />be given in another manner, any notice provided for in this Deed of Trust shall be <br />given by mailing such notice by certified mail addressed to the other party, at the <br />address set forth above. Any notice provided for in this Deed of Trust shall be <br />effective upon mailing in the manner designated herein. If Trustor is more than <br />one person, notice sent to the address set forth above shall be notice to all such <br />persons. <br />(f) Inspection. Beneficiary may make or cause to be made reasonable entries <br />upon and inspections of the Property, provided that Beneficiary shall give Trustor <br />notice prior to any such inspection specifying reasonable cause therefor related to <br />Page 8of10 <br />
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