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<br />, r__.tiy�, upon demand by Beneficiary,shall pay such taxes, assessments,char�es or liens, or reimburse ¢
<br /> �eneficiary therefor, provided, however,that if in the opinion of counsel for Beneficisry (u) it �_
<br /> . �:.,:� mi�ht be unlawful to require Trustor to ms�tce such payment,or�(6�)the msking of such payment �
<br /> mi�ht result in the imposition of interest beyond the maacimum amount permitted by law, then N.
<br /> =`+'---� and in either such event,Beneficiary may elect,by nodce in writing pven to Trustor.to declare
<br /> "'=° a11 of the uad�sbtedness secured hereby to be and become due amd payable in fuil thirty(30y days --
<br />`_---�'��'� from the giving of such notice. � -
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<br /> • 1.26 Secured Indebtedness. It is understood and agreeci that this Deed of Trust shall _
<br />^:`;�"';' f secure payment of not only the indebtedness evidenced by the Note but also any and all
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<br /> ;�,.:.��;:.: substitutions,replacements. reanawals and extensions of the Nate, any and all indebtedness and -
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<br /> --- obiigations arising pursuant to the ter�as�ereof and any ancfl ali! indebtedness and obligaUons
<br /> -°---- _ arising pursuant to tlae terms of any of�.1�E other Loan Documents,all of which indebtedaess is
<br />�,=,.�_�:�°�, equa!Iy secured with and has the same��io�ity as any amounts�dvancesi as of the date hereof. It .
<br />___ � = is agra�d that any future advan�es�nade by BeneSci�ry to ar for the benefi4 of Tmstor frora time
<br /> ; ;;:,,� ta 4irne under this Leed of'II'eust or the other Loan IDocuments not to excee�the principal sura of
<br /> -� $S,?50,000.00,not including amounts aclvanced to pmtect the se�urity,sud whether or not sucD�
<br />-���'-� advances ar�obligatory or are made at the oprion af Benefi�insy,or otherwise� made for any
<br /> ___.�� purpose,within twenty(20�.y�ars fmm the date hereof,and all i���rest acori�ng thereon,ahall be
<br /> ----_— equall�•secbired by tbis Dz�c�•of Trust and shall have the same priority as all amounts,if any,
<br /> - advanced as of the date hereof and shall be subject to all of the terms and provisions of thi�Deed
<br /> _� ofTrust. �
<br /> ' 1.27 Trustor's Waivers. �io the fuil exieui permiite� �,y taw, T�i�r »� th� .
<br /> �_�—� j j�;,-i;;;;�i;�?uo;�i�;�a in�ist upon,plead,claimn or ftake the benefit os advantage of any la�v '
<br /> - now or hereafter in forc� pr�nviding far any appraisement, valuation,��stay. mora4oritun or� �'�
<br /> --- extension, or any law now or here�tfter in force providing" for the reinststemestt'a�f tlae
<br /> ^ indebteduess secured hereby prtor to any sale of the Propercy to be anade pursuant to any .
<br /> --- pxovisions contained herein vr.prior W the entering of any decre�,judg�meaat or order of any court �.,:
<br /> - oY'competent jurisdicrion,or aby right under any statute to redeem all or any part of the Property '
<br /> so sold. Trustor, for Trustor and Trustor.'s successars and assigns,and for aay and a�U persons �:�
<br /> ever claiming aY►y interes�t in the 1'ropel't3�,to the#ialIl extent pesmitted by law,hereby kaowingly.
<br /> intentioaally and voluntarily with and upon the�advice of competent counsel: (�)waives,. ,
<br /> r�1,.��,relinquishes and forever forgves all rights�a�`�►aluation,appraisement,stay of execution, � ,��
<br /> reinstatement and notice of election or intentia� to mat� or declare due the secur�cl ' ;
<br /> indebtedness(exe�pt such notices as are specifically provide�d fat herein);(b}waives,releases, __
<br /> xelinquishes and fbrever fmrgoes all right to a marshalling of ihe�assets of Trustor,includang ttte ,-
<br /> __ Properiy,to a sale in the iuiverse order of alie�atian,or to direct the ors��r in wluch any of the
<br /> Property s4�a11 be sold in the event of foreclosure of the liens and security interesta bereby created
<br /> and agrees that any aourt havin8 juresx1n�tiun to foreclose such liens and security intensts may
<br /> order the Property sold as an entirety; pnd(c)waives,releases,relinquishes and fonwer�for�oes
<br /> all rights and peaods of redemption provided unde�applicable law. To the full extent permitted
<br /> by law,Trustor shall not have ox assert any right under gny statute or rule of law pertaiming to the �
<br /> ex�mption of�omescead or other exemption under any federal, state or local law now or � '
<br /> = hereat�er in e�f'ect,the administration of estates of decedents or other matters whatever ro defeat, � �
<br /> -;,...� reduce or a8ect the right of Beneficiary under the temns of this Deed af Trust to a sale of the
<br /> _. --- Pro�eriy, far the collec�ion of the secured indebteciness without any prior or different resort for
<br /> ---- D005NV 13i 1376.3 32
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