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202107078
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9/14/2021 3:36:29 PM
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9/14/2021 3:36:27 PM
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DEEDS
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202107078
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202107078 <br />Property (judicial or under the power of sale granted herein); (ii) postpone the sale of all or any portion of <br />the Property, as provided by law; or (iii) sell the Property as a whole or in separate parcels or lots, at <br />Trustee's discretion. <br />14. Fees and Expenses. In the event Trustee sells the Property by exercise of the power of <br />sale, Trustee shall be entitled to apply any sale proceeds first to payment of all costs and expenses of <br />exercising the power of sale, including, without limitation, all Trustee's fees and attorneys' fees of Lender <br />and Trustee actually incurred to the extent permitted by applicable law. In the event Trustor exercise any <br />right provided by law to cure an Event of Default, Lender shall be entitled to recover from Trustor all costs <br />and expenses actually incurred as a result of Trustor' default, including, without limitation, all Trustee's and <br />attorney's fees, to the extent permitted by applicable law. <br />15. Miscellaneous Provisions. <br />(a) Trustor Not Released. Extension of the time for payment or modification of amortization <br />of the sums secured by this Deed of Trust granted by Lender shall not operate to release, in any <br />manner, the liability of Trustor or Trustor's successors in interest. Lender shall not be required to <br />commence proceedings, or refuse to extend time for payment, or otherwise modify amortization of <br />the sums secured by this Deed of Trust by reason of any demand made by Trustor or Trustor's <br />successors in interest. <br />(b) Lender's Powers. Without affecting the liability of any other person liable for the payment <br />of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust <br />upon any portion of the Property not then or theretofore released as security for the full amount of <br />all unpaid obligations, Lender 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; (iii) grant other <br />indulgences; (iv) release or reconvey, or cause to be released or reconveyed at any time at <br />Lender's option, any parcel, portion or all of the Property; (v) take or release any other or additional <br />security for any obligation herein mentioned; or (vi) make compromises or other arrangements with <br />debtors in relation thereto. <br />(c) Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right <br />or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of, or preclude <br />the exercise of, any such right or remedy. The procurement of insurance, or the payment of taxes <br />or other liens or charges by Lender, shall not be a waiver of Lender's right to accelerate the maturity <br />of the indebtedness secured by this Deed of Trust. <br />(d) Successors and Assigns Bound; Joint and Several Liability; Captions. The <br />covenants and agreements herein contained shall bind, and the rights hereunder shall inure to the <br />benefit of, the respective heirs, representatives and assigns of Lender and Trustor. The captions <br />and headings of the paragraphs of this Deed of Trust are for convenience only, and are not to be <br />used to interpret or define the provisions hereof. <br />(e) Request for Notices. The parties hereby request that a copy of any notice of default <br />hereunder, and a copy of any notice of sale hereunder, be mailed to each party to this Deed of <br />Trust at the address set forth above in the manner prescribed by applicable law. Except for any <br />other notice required under applicable law to be given in another manner, any notice provided for <br />in this Deed of Trust shall be given by mailing such notice by certified mail, return receipt requested, <br />addressed to the other parties at the addresses set forth above. Any notice provided for in this <br />Deed of Trust shall be effective upon mailing in the manner designated herein. <br />(f) Inspection. Lender may make or cause to be made reasonable entries upon and <br />inspections of the Property. <br />5 <br />
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