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200403313 14 <br />24. Remedies Not Exclusive. Beneficiary and Trustee shall be entitled to enforce <br />payment and performance of the Obligations and to exercise all rights and powers under this <br />Deed of Trust or under any of the other Loan Documents or other agreement or any laws now or <br />hereafter in force, notwithstanding some or all of the Obligations may now or hereafter be <br />otherwise secured, whether by deed of trust, security agreement, pledge, lien, assignment or <br />otherwise. Neither the acceptance of this Deed of Trust nor its enforcement, shall prejudice or in <br />any manner affect Beneficiary's or Trustee's right to realize upon or enforce any other security <br />now or hereafter held by Beneficiary and Trustee, it being agreed that Beneficiary and Trustee <br />shall be entitled to enforce this Deed of Trust and any other security now or hereafter held by <br />Beneficiary or Trustee in such order and manner as Beneficiary may determine in its absolute <br />discretion. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to <br />be exclusive of any other remedy herein or by law provided or permitted, but each shall be <br />cumulative and shall be in addition to every other remedy given hereunder or now or hereafter <br />existing at law or in equity or by statute. Every power or remedy given by any of the Loan <br />Documents to Beneficiary or Trustee or to which either may otherwise be entitled, may be <br />exercised, concurrently or independently, from time to time and as often as may be deemed <br />expedient by Beneficiary or Trustee. In no event shall Beneficiary or Trustee, in the exercise of <br />the remedies provided in this Deed of Trust (including, without limitation, in connection with the <br />assignment of Rents to Beneficiary, or the appointment of a receiver and the entry of such <br />receiver on to all or any part of the Mortgaged Property), be deemed a "mortgagee in <br />possession," and Beneficiary and Trustee shall not in any way be made liable for any act, either <br />of commission or omission, in connection with the exercise of such remedies. <br />25. Multiple Security. If (a) the Premises shall consist of one or more parcels, <br />whether or not contiguous and whether or not located in the same county, or (b) in addition to <br />this Deed of Trust, Beneficiary shall now or hereafter hold or be the beneficiary of one or more <br />additional mortgages, liens, deeds of trust or other security (directly or indirectly) for the <br />Obligations upon other property in the State in which the Premises are located (whether or not <br />such property is owned by Grantor or by others) or (c) both the circumstances described in <br />clauses (a) and (b) shall be true, then to the fullest extent permitted by law, Beneficiary may, at <br />its election, commence or consolidate in a single trustee's sale or foreclosure action all trustee's <br />sales or foreclosure proceedings against all such collateral securing the Obligations (including <br />the Mortgaged Property), which action may be brought or consolidated in the courts of, or sale <br />conducted in, any county in which any of such collateral is located. Grantor acknowledges that <br />the right to maintain a consolidated trustee's sale or foreclosure action is a specific inducement <br />to Beneficiary to extend the indebtedness borrowed pursuant to or guaranteed by the Loan <br />Documents, and Grantor expressly and irrevocably waives any objections to the commencement <br />or consolidation of the foreclosure proceedings in a single action and any objections to the laying <br />of venue or based on the grounds of forum non conveniens which it may now or hereafter have. <br />Grantor further agrees that if Trustee or Beneficiary shall be prosecuting one or more foreclosure <br />or other proceedings against a portion of the Mortgaged Property or against any collateral other <br />than the Mortgaged Property, which collateral directly or indirectly secures the Obligations, or if <br />Beneficiary shall have obtained a judgment of foreclosure and sale or similar judgment against <br />such collateral (or, in the case of a trustee's sale, shall have met the statutory requirements <br />therefore with respect to the collateral), then, whether or not such proceedings are being <br />maintained or judgments were obtained in or outside the State in which the Premises are located, <br />Beneficiary may, to the extent permitted by law, commence or continue any trustee's sale or <br />foreclosure proceedings and exercise its other remedies granted in this Deed of Trust against all <br />509265 -1023- 02729- NY02.2352389.1 <br />