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<br /> � ���" proceeding of foreclosure or any other action upon the occurrence �
<br /> . of any Default exiating at the time such earlier action was "r=
<br /> . commenced.
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<br /> " ` 3ection 4.05. p^ve s of the Henef iciarv. The —
<br /> -• Bene£iciary may at any time or from �imo �o time renec� or evctend �
<br /> ��- this Aeed of Trust or (with the agreement of the Truatorl alter =
<br /> ;,,�=,� ox modify tho same in any way, or waive any of the terms, �_
<br /> covenanta or conditiena hereof or thereof, in whole or in part,
<br /> "�`�t and may direct the Trustee to release any poxtion of the Truat °
<br /> �;� -��;. Eotate or any other security, and grant such extensions and _�
<br /> � �;��� indulgenceg fa rela�ion to the 3ecured Obligations, or releasQ ��:
<br /> �► any person liable therefor as the Beneficiary may determine
<br /> � ` i without the conaent of any junior lienor or eacumbrancer, withou� _
<br />__�� .�'`".t�r any obligation to give notice of any kind thereto, without in any =
<br /> ' r.,,�,,.�� ' maaner affecting the prfority of the lien arid estate of tbis Deed =
<br />.�; .:'�w,�� oiE Truet on or in any paxt of the Trust Eatate, and without
<br /> �- •�'r � affecting the li.ability of any other person liabls for any ef the
<br /> `����`?a�=�'` � 3ecured Obligations.
<br />:�::��+�:`� ' —
<br /> � '� �� 3ection 4.06. Remed es Cumu],a�ivP. _
<br /> .A .Ri9"�.
<br /> .�� .,� ._� (a) No right or remedy herein conferred upon ox
<br />°���-��- reserved to the Truetee or the Beneficiary is intended to be -
<br />•�'=���°:°��� exclusive of any other right or remedy, and each and every right
<br /> �=:#:''a � and remedy shall be cumulative and in addition to any other right —
<br /> �=j�•�:�� or remedy undex thie Deed of Truat, or under applicable lacv, -
<br /> ==_ ,:-�, .�, whether now or. hereafter exiating= the failure of the Truatee or
<br />'�:^,�r. ��t�i the Beneficiary ta insist at any time upon the etrict observance
<br /> '��'�'� or performance of any of the proviaivns vs` a..�i� Daad af Tr�3t ar
<br /> �'�:`" '`�� to exerciae any right or remedy provided for herefn or under
<br /> '�:::.y:^��;�• � �� applicable law, ehall not impair aay auclz right or remedy rior be
<br /> --W�>��,;�: construed as a waiver or relinquishment thereof.
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<br /> - :n;,;:,,.��� (b) The Truatee or the Beneficiary, as appropriate, _
<br /> "���-q�£-- ahall be eatitled to enforce payment and performance of any of
<br /> `�N�-�=°�-�� the abligations of the Truetor and to exerciae all r�ghts and
<br />--"�_�;:-��� powera under thia Deed of. Trust or under any Lean Instrumeat or
<br />__�_s:��;�� any lawe aow or hereaEt�r ia force, notw3thstanding that aome or
<br /> -=�=�M�,� all of the Secured �bligationa may now or hereafter be otherwise
<br /> � -��-; secured, whether by mortgage, deed of truet, pledge, lien,
<br /> -���y�� asaignment cr otherwiset neither the accept�ance of thie Deed of
<br /> --�. Truat nor 3te enforcemeat, whether by court actioa or pursuant to
<br /> - —_= the power of eale or other powers hereia contained, ahall
<br /> N W—� pze judice o� in any ma.nner af fect the Trustee's or the
<br /> "r-,���� Beneficiary's right to realize upon or enforca any other aecurity
<br /> - "=°'=��� now or hereafter held by the Trustee or the Beneficiary, it being
<br /> — - atipulated that the Truetee or the Benef iciaiy ehall be entitled
<br /> = ta enforce this Deed of Truet and any other security now or
<br /> :� hereafter held by the Trustee or the Beaef3.ciary in auch order
<br /> ----- and manner as the Trustee or the Beneficia�y, iai ita sole
<br /> --�- � �=��". discretion, may determine j every power or remedy given by the
<br /> -_�����-� Indentuxe, this Dec�d of Trust or any of the other Loan
<br /> -==�� Instrumenta to the Trustee or the BenQficiasy, or to which the
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