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201906785 8.14 NOTICE. Grantor shall take any action for the purpose of limiting or attempting to limit the operation of this Deed of Trust as such security. ARTICLE IX DEFAULT AND REMEDIES 9.1 ACCELERATION AND WAIVER OF NOTICES. Upon the occurrence of an Event of Default, Lender, at Lender's option, may declare all of the sums secured by this Instrument to be immediately due and payable without further demand and may invoke the power of sale and any other remedies permitted by applicable law or provided herein. Grantor acknowledges that the power of sale granted to Lender may be exercised by Lender without prior judicial hearing. Grantor and each Guarantor, surety, and endorser of all or any part of the Indebtedness expressly waive all presentations for payment, notices of intention to accelerate maturity, notices of acceleration of maturity, notices of intention to demand payment, demands for payment, protests, and notices of protest. Except as may be expressly provided in this Instrument or the other Loan Documents, Grantor and each Guarantor, surety, and endorser acknowledge and understand that by these waivers they waive any right they may have to receive notices of default under this Instrument, the Note, and the other Loan Documents, as well as any opportunity to cure any such default. Notwithstanding any other provision of this Instrument to the contrary, (i) upon the occurrence of an Event of Default, Lender agrees to provide Grantor with five (5) business days prior written notice before exercising any remedy other than acceleration of the Note and, in the event the Note is not paid in full along with all other charges and Indebtedness due and owing within five (5) days of any such notice, Lender may immediately exercise any and all rights and remedies available to it under this Instrument; and (ii) upon exercise of Lender's remedies against Grantor, Lender agrees to send Grantor written notice (but not any additional opportunity to cure) in writing. 9.2 TRUSTEE'S SALE. Lender may cause the Property which consists solely of real property to be sold by Trustee as permitted by applicable law. Before any such trustee's sale, Lender or Trustee shall give such notice of default and/or sale as may then be required by law. When all time periods then legally mandated have expired, and after such notice of sale as may then be legally required has been given, Trustee shall sell the Property, either as a whole or in separate parcels, and in such order as Trustee may determine, at a public auction to be held at the time and place specified in the notice of sale. Neither Trustee nor Lender shall have any obligation to make demand on Grantor before any trustee's sale. From time to time in accordance with then applicable law, Trustee may, and in any event at Lender's request shall, postpone any trustee's sale by public announcement at the time and place noticed for that sale. At any trustee's sale, Trustee shall sell to the highest bidder at public auction for cash in lawful money of the United States, or such other form of payment satisfactory to Trustee. Any person, including Grantor, Trustee or Lender, may purchase at the trustee's sale to the extent permitted by then applicable law. Lender shall have the benefit of any law permitting credit bids. Trustee shall execute and deliver to the purchaser(s) a deed or deeds conveying the property being sold without any covenant or warranty whatsoever, express or implied. The recitals in any such deed of any matters or facts, including any facts bearing upon the regularity or validity of any trustee's sale, shall be conclusive proof of their truthfulness. Any such deed shall be conclusive against all persons as to the facts recited in it. 9.3 FORECLOSURE OF ALL PROPERTY. The Land, Improvements, Personal Property, collateral, Leases, Rents and other collateral or security comprising the Property may be sold in one or more public sales pursuant to applicable law. Lender shall be entitled to foreclose its security interests against the Personal Property and other collateral in accordance with any other rights and remedies Lender may have as a secured party under the Texas UCC. Grantor agrees that notice of sale of the Personal Property and other Collateral provided in this Article IX is and shall constitute commercially reasonable notice of the sale of the Property and the Collateral under the Texas UCC. Upon Lender's 2932707_3 22