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2000.1180 cure as provided herein, the entire Indebtedness shall, without further notice, become immediately due and payable at the option of American Family. Upon an Event of Default the interest rate payable under the Loan Documents shall thereafter increase and shall be payable on the whole of the unpaid principal balance at the Default Rate. Any interest calculated at the Default Rate shall be due and payable immediately without further notice or demand. The interest component of any regularly scheduled payment of principal and interest not paid when due in accordance with the Amortization Schedule attached to the Note shall be deemed so much additional principal and shall bear interest from the due date at the Default Rate. Such increase in the interest rate shall be applicable whether or not American Family has exercised its option to accelerate the maturity of the Note and declare the entire Indebtedness immediately due and payable. Any contrary provision herein notwithstanding, upon an Event of Default described in Section 6.1(c), then the entire Indebtedness shall, without further notice, become immediately due and payable at the option of American Family. SECTION 6.3 REMEDIES UPON DEFAULT AND RIGHT TO FORECLOSE. Upon the occurrence of an Event of Default, Borrower authorizes and fully empowers American Family, at its sole and exclusive option, to pursue one or more of the remedies described in Sections 6.4, 6.5 or 6.6 hereof. SECTION 6.4 FORECLOSURE BY POWER OF SALE. Upon the occurrence of an Event of Default, American Family shall have the right to demand that the Trustee exercise the power of sale granted herein. Upon receipt of demand, the Trustee shall commence to sell the Trust Estate, to apply the proceeds therefrom, and otherwise to enforce the power of sale in accordance with the terms and provisions of the Act. The Trustee shall be entitled to apply any sale proceeds first to the payment of the costs and expenses actually incurred in exercising such power of sale, including but not limited to a trustee's fee. The Trustee shall apply the proceeds to the principal and interest due on the Note and all other Indebtedness, together with all sums of money as American Family shall have expended or advanced pursuant to the Loan Documents or pursuant to statute, together with interest thereon as herein provided and all costs and expenses of such sale, including lawful attorneys' and paralegals' fees and costs, with the balance, if any, to be paid to the persons entitled thereto by law. SECTION 6.5 FORECLOSURE AS MORTGAGE. Upon the occurrence of an Event of Default, American Family shall have the right to commence action to foreclose this Trust Deed as a mortgage, by judicial proceedings, with full authority to sell the Premises at sheriff's sale and to convey the same to the purchaser in fee simple, either in one parcel or in separate lots, all in accordance with and in the manner prescribed by law, and out of the proceeds arising from sale and foreclosure to retain the principal and interest due on the Note and all other Indebtedness, together with all sums of money as American Family shall have expended or advanced pursuant to the Loan Documents or pursuant to statute, together with interest thereon as herein provided and all costs and expenses of such foreclosure, including lawful attorneys' and paralegals' fees and costs, with the balance, if any, to be paid to the persons entitled thereto by law. To the extent permitted by law, Borrower hereby waives all rights of reinstatement and 37