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<br />(d) a writ of execution or attachment of any similar process shall be entered against Trustor which shall become a lien on
<br />the Trust Estate or any portion thereof or interest therein and such execution, attachment or similar process of judgment is not
<br />released, bonded, satisfied, vacated or stayed within sixty (60) days after its entry or levy; or
<br />(e) there has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or
<br />warranty contained in any prior deed of trust or mortgage affecting the Trust Estate.
<br />10. Acceleration upon Default; Additional Remedies. If an event of default occurs, Beneficiary may declare the
<br />indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without any
<br />presentment, demand, protest or notice of any kind. Thereafter, Beneficiary may:
<br />(i) either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court
<br />and without regard to the adequacy of its security, enter upon and take possession of the Trust Estate, or any part thereof, in its
<br />own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value, marketability
<br />or rentability of the Trust Estate, or part thereof or interest therein, increase the income therefrom or protect the security hereof
<br />and, with or without taking possession of the Trust Estate, sue for or otherwise collect the rents, issues and profits thereof,
<br />including those past due and
<br />unpaid, and apply the same, less costs and expenses of operation and collection including attorneys' fees, upon any
<br />indebtedness secured hereby, all in such order as Beneficiary may determine. The entering upon and taking possession of the
<br />Trust Estate, the collection of such rents, issues and profits and the application thereof as aforesaid shall not cure or waive any
<br />default or notice of default hereunder or invalidate any act done in response to such default or pursuant to such notice of default
<br />and, notwithstanding the continuance in possession of the Trust Estate or the collection, receipt and application of rents, issues
<br />or profits, Trustee or Beneficiary shall be entitled to exercise every right provided for in any of the Loan instruments or by law
<br />(ii) commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically enforce any of the
<br />covenants hereof;
<br />(iii) deliver to Trustee a written declaration of default and demand for sale and a written notice of default and election to
<br />cause Trustor's interest in the Trust Estate to be sold, which notice Trustee shall cause to be duly filed for record in the
<br />appropriate offices of the County in which the Trust Estate is located; or
<br />(iv) exercise such other rights or remedies at law or in equity.
<br />11. Foreclosure by Power of Sale. If Beneficiary elects to foreclose by exercise of the Power of Sale herein contained,
<br />Beneficiary shall notify Trustee and shall deposit with Trustee this Second Deed of Trust and any note evidencing the Inebtedness and
<br />such receipts and evidence of expenditures made and secured hereby as Trustee may require.
<br />(a) Upon receipt of such notice from Beneficiary, Trustee shall cause to be recorded, published and delivered to Trustor
<br />such Notice of Default and Notice of Sale as then required by law and by this Second Deed of Trust. Trustee shall, without
<br />demand on Trustor, after such time as may than be required by law and after recordation of such Notice of Default and after
<br />Notice of Sale having been given as required by law, sell the Trust Estate at the time and place of sale fixed by it in such Notice
<br />of Sale, either as a whole, or in separate lots or parcels or items as Trustee shall deem expedient, and in such order as it may
<br />determine, at public auction to the highest bidder for cash in lawful money of the United States payable at the time of sale.
<br />Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so
<br />sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be
<br />conclusive proof of the truthfulness thereof. Any person, including without limitation Trustor, Trustee or Beneficiary, may
<br />(b) As may be permitted by law, after deducting all costs, fees and expanses of Trustee and of this Trust, including costs
<br />of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of (i) the indebtedness (ii) all other
<br />sums then secured hereby, and (iii) the remainder, if any, to the person or persons legally entitled thereto.
<br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Trust Estate.
<br />12. Remedies Not Exclusive. Trustee and Beneficiary, and each of them, shall be entitled to enforce payment and
<br />performance of any indebtedness or obligations secured hereby and to exercise all rights and powers under this Second Deed of Trust
<br />or under any Loan Instrument or other agreement or any laws now or hereafter in force; notwithstanding, some or all of the such
<br />indebtedness and obligations secured hereby may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge,
<br />lien, assignment or otherwise. Neither the acceptance of this Second Deed of Trust nor its enforcement, whether by court action or
<br />pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner affect Trustee's or Beneficiary's right
<br />to realize upon or enforce any other security now or hereafter held by Trustee or Beneficiary, it being agreed that Trustee and
<br />Beneficiary, and each of them, shall be entitled to enforce this Second Deed of Trust and any other security now or hereafter held by
<br />Beneficiary or Trustee in such order and manner as they or either of them may in their absolute discretion determine. No remedy
<br />herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law provided
<br />or permitted, but each shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing
<br />at law or in equity or by statute. Every power or remedy given by any of the Loan Instruments to Trustee or Beneficiary or to which
<br />either of them may be otherwise entitled, may be exercised, concurrently or independently, from time to time and as often as may be
<br />deemed expedient by Trustee or Beneficiary and either of them may pursue inconsistent remedies. Nothing herein shall be construed
<br />as prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to the extent such action is permitted by law.
<br />Page 3 of 5 NIFA 3/96
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