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201903152 <br />pursuant to the judgment or decree of a court of competent jurisdiction or to <br />enforce any of the covenants hereof. <br />Beneficiary may elect to cause the Mortgaged Property, or any part thereof, to <br />be sold as follows: <br />i. Beneficiary may proceed as if all of the Mortgaged Property were real <br />property, or Beneficiary may elect to treat any of the Mortgaged <br />Property which consists of a right in action or which is property that <br />can be severed from the Premises without causing structural damage <br />thereto as if the same were Personal Property, and dispose of the same <br />separate and apart from the sale of real property, the remainder of the <br />Mortgaged Property being treated as real property. <br />ii. Beneficiary may cause any such sale or other disposition to be <br />conducted immediately following the expiration of any grace period, if <br />any, herein provided (or immediately upon the expiration of any <br />applicable period required by law), or Beneficiary may delay any such <br />sale or other disposition for such period of time as Beneficiary deems <br />to be in its best interest. Should Beneficiary desire that more than one <br />such sale or other disposition be conducted, Beneficiary may, at its <br />option, cause the same to be conducted simultaneously, or successively <br />on the same day, or at such different days or times and in such order as <br />Beneficiary may deem to be in its best interest. <br />iii. Should Beneficiary elect to cause any of the Mortgaged Property to be <br />disposed of as Personal Property, it may dispose of any part thereof in <br />any manner now or hereafter permitted by Article 9 of the applicable <br />Uniform Commercial Code or in accordance with any other remedy <br />provided by law. Trustor, Beneficiary and Trustee shall each be <br />eligible to purchase any part or all of such property at any such <br />disposition. Any such disposition may be either public or private as <br />Beneficiary may so elect, subject to the provisions of the applicable <br />Uniform Commercial Code. Beneficiary shall give Trustor at least ten <br />(10) days prior written notice of the time and place of any public sale or <br />other disposition of such property or of the time at or after which any <br />private sale or any other intended disposition is made, and if such <br />notice is sent to Trustor as provided herein, it shall constitute <br />reasonable notice to Trustor <br />iv. Should Beneficiary elect to invoke the power of sale and have the <br />Trustee sell the Mortgaged Property which is real property or which <br />Beneficiary has elected to treat as real property, upon such election <br />Beneficiary shall deliver to Trustee a written statement of breach and <br />election to cause Trustor's interest in the Mortgaged Property to be <br />sold, and, upon receipt of such notice from Beneficiary, (A) Trustee <br />shall cause to be recorded and delivered to Trustor and such other <br />persons and entities as shall be entitled thereto, such notice of default as <br />25 <br />