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<br /> �4. pCCEL�RAYION UpON 6EFAU�,.� AC�DITfQNAL S�EMEDI�S. Beneficiary
<br /> shall give notice to Trustor prior to acceleration following Trustor's breach of any covenant � i
<br /> or agreement in th�s Deed of Trust unless applicable !aw provides otherwise. The notice
<br /> shall specify: (a)the dpfault; (b)the action requirecl to cur�the default; (c) a date, not less
<br /> than t'hirty (30) days��rom the date the notice is given to Trustor, by which the default must
<br /> be c��red; and (d) tnat failure to cure th� default an or before the date specified in the
<br /> noti�e may result in acceleration of the sums secu�ed by this�De�d of Trust and sale af ths
<br /> Property. The notice shal!further inform Trustor of the right to reinstate after acceleration
<br /> and the right to bring a Court action to assert the non-existence of a default or any other
<br /> defense of Trustor to acceleration and sale. I�f th�� default is not cured on or before the _
<br /> date specified in the notice, Beneficiary at its o��tion may require immediate payment in ful�
<br /> of all sums secured by this Deed of Trust wrothout further demand and ma�� inva�e the
<br /> power of sale and any att�er remedies permi'tted by applicab(e 1aw. Beneficiary shall be
<br /> entitied to collect al�expenses incurred in pun�ing the �emedies pro�ided in this paragraph,
<br /> including, but not limited to, reasonable �attomeys fees and costs of title evidence.
<br /> Thereafter Beneficiary �ay:
<br /> a. Either in person or by agent,with or witr;out bringing any actia�
<br /> or proceedirq, or by a receiver appointed by a Court ar..ri without regard to
<br /> the adequacy of its security, enter upon and take possession of the Trust
<br /> Estate, or a�ny part thereof, in its own name or in the name of Trustee, and
<br /> do any acts which it deem$ necessary or desirable to preserve the value,
<br /> marketability, or rentability of the Trust Estate, or part thereof or interest
<br /> therein, increa�e the incame therefirom �r protect the security hereof and,
<br /> with or without taking possess�on of the Trust Estate, sue for or otherwise
<br /> collsct the rents, issues, and profts thereaf, including #hose past due and
<br /> unpaid, and apply th� sarne, less costs and expenses of op�eration and
<br /> collection including attameys fees, upon any indebtedness secured hereby, �, � .
<br /> all in such order as Qeneficiary may determine. The entering upon and `�� ' '- -.,
<br /> taking possession of the Trust Estate, the collection of such renis, issues
<br /> and profits and the appfication thereof as aforesaid, shall not cure or waive
<br /> any def�ult or natice of default hereunder or invalidate any act done in
<br /> respanse to such default or pursuant to such n�tice of default and,
<br /> notwithstanding the continuance in possession of the Trust Estate, the
<br /> r.ollection ef such rents, issues and profits and application thereof as
<br /> ��foresaid shalf not curs or waive any default or notice of default hereunder '
<br /> �r invalidate any act and in response to such default cr pursuant to sucFi
<br /> r�otice of default and, notwithsta:�ding the continuance in possession of the
<br /> praperty or the"collect�on, receipt and applica#ion of rents, issues Ar profits,
<br /> T�ustee or Benefi�ciary may be entitled to exercise every right provided for in
<br /> any of the loan instruments or by law upon oc�urrence of any event of
<br /> def��ult, including the ri�ht t� exercise the power cf sale;
<br /> b. Commence on ar,tion to fareclose this Deed of Trust as a
<br /> mortgage, appoint a receiver, or specificalfy enfores any of the co�enants
<br /> hereof; and
<br /> c. Deliver to Trustee a writt�n declaration of default and demand
<br /> for sale, and a written notice of default and election to cause Trustor's
<br /> interest in tt�e Trust Est�te to be sold, which notice Trustee shall cause to
<br /> duly filed for record in the appropriate o�cial records of the County in which
<br /> the Trust Estate is located.
<br /> 15, �7RECLOSURE BY POWER OF SALE. Should Benefrciary elect to
<br /> foreclose by exercise of the Power of Sale herein contained, Beneficiary shall notify
<br /> Trustee and shall deposit with Trustk�e this Geed of Trust and k4he Dead of Trust Note and
<br /> such receipt, and evidence of expenditures made and secured hereby as Trustee may
<br /> require.
<br /> a. Upon receipt of such notice from Beneficiary, Trustee shall
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