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202206890
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9/23/2022 4:06:02 PM
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9/23/2022 4:06:01 PM
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DEEDS
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202206890
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202206890 <br />to time as often as may be deemed expedient by Trustee or Beneficiary. If there exists <br />additional security for the performance of the obligations secured hereby, the <br />Beneficiary, at its sole option, and without limiting or affecting any of the rights or <br />remedies hereunder, may exercise any of the rights and remedies to which it may be <br />entitled hereunder, either concurrently with whatever rights it may have in connection <br />with such other security or in such order as it may determine. Nothing in this Deed of <br />Trust shall affect the obligation of Trustor to pay Obligations in the manner and at the <br />time and place provided in the Note or any other Security Documents. <br />3.11 Waiver by Trustor. To the fullest extent permitted by applicable law, Trustor will <br />not at any time insist upon, or plead, or in any manner whatever claim or take any <br />benefit or advantage of any stay or extension or moratorium law or law pertaining to the <br />marshaling of assets, the administration of estates of decedents, any exemption from <br />execution or sale of the Property, or any part thereof, including exemption of homestead, <br />wherever enacted, now or at any time hereafter in force, which may affect the covenants <br />and terms of performance of this Deed of Trust, nor claim, take or insist upon any <br />benefit or advantage of any law now or hereafter in force providing for the valuation or <br />appraisal of the Property, or any part thereof, prior to any sale or sales thereof which <br />may be made pursuant to any provision herein, or pursuant to the decree, judgment or <br />order of any court of competent jurisdiction, and Trustor hereby expressly waives all <br />benefit or advantage of any such law or laws, and covenants not to hinder, delay or <br />impede the execution of any power herein granted or delegated to Trustee or Beneficiary, <br />but to suffer and permit the execution of every power as though no such law or laws <br />had been made or enacted. <br />ARTICLE IV <br />CONCERNING TRUSTEE <br />4.01 Reconveyance. Upon payment of all sums secured by this Deed of Trust <br />Beneficiary shall request Trustee to reconvey the Property and shall surrender this Deed <br />of Trust to Trustee. Trustee shall reconvey the Property without warranty and without <br />charge to the person or persons legally entitled to it. Such person or persons shall pay <br />any recordation costs. <br />4.02 Successor Trustee. Beneficiary, at its option and expense, may from time to time <br />remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by <br />an instrument recorded in the county in which this Deed of Trust is recorded. Without <br />conveyance of the Property, the successor trustee shall succeed to all the title, power <br />and duties conferred upon Trustee herein and by applicable law. <br />ARTICLE V <br />MISCELLANEOUS <br />5.01 Construction. In the event any one or more of the provisions contained in this <br />Deed of Trust or the Note shall for any reason be held to be invalid, illegal or <br />unenforceable in any respect, such invalidity, illegality or unenforceability shall not <br />affect any other provision of this Deed of Trust, but this Deed of Trust shall be construed <br />as if such invalid, illegal or unenforceable provision had never been contained herein or <br />therein. <br />5.02 Notices. Unless applicable law requires otherwise, all notices under this Deed of <br />Trust shall be in writing and sent by registered or certified mail to the addresses <br />designated in the Note. <br />5.03 Successor and Assigns. This Deed of Trust and all terms, conditions and <br />obligations herein shall apply to and inure to the benefit of and bind all parties hereto, <br />their heirs, legatees, devisees, personal representatives, successors and assigns. <br />-9- <br />
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