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200206622 <br />(ii) In connection with any sale or sales hereunder, Beneficiary <br />may elect to treat any of the Premises which consists of a right in action or which is <br />property that can be severed from the real property covered hereby or any improvements <br />thereon without causing structural damage thereto as if the same were personal property, <br />and dispose of the same in accordance with applicable law, separate and apart from the <br />sale of real property. <br />(iii) Any sale of any personal property hereunder shall be <br />conducted in any manner permitted by Section 9 -601 or any other applicable section of <br />the Uniform Commercial Code or any other applicable law. Where the Premises consists <br />of real and personal property or fixtures, whether or not such personal property is located <br />on or within the real property, Beneficiary may elect in its discretion to exercise its rights <br />and remedies against any or all of the real property, personal property, and fixtures in <br />such order and manner as is now or hereafter permitted by applicable law. <br />(iv) Without limiting the generality of the foregoing, <br />Beneficiary may, in its sole and absolute discretion and without regard to the adequacy of <br />its security, elect to proceed against any or all of the real property, personal property and <br />fixtures in any manner permitted under Section 9 -604 of the Uniform Commercial Code <br />or any other applicable law; and the power of sale herein granted shall be exercisable <br />with respect to all or any of the real property, personal property and fixtures covered <br />hereby, as designated by Beneficiary, and the Trustee is hereby authorized and <br />empowered to conduct any such sale of any real property, personal property and fixtures <br />in accordance with the procedures applicable to real property. <br />(v) Should Beneficiary elect to sell any portion of the Premises <br />which is real property or which is personal property or fixtures that Beneficiary has <br />elected under Section 9 -604 of the Uniform Commercial Code to sell together with real <br />property in accordance with the laws governing a sale of real property, Beneficiary or <br />Trustee shall give such notice of default and election to sell as may then be required by <br />law. Thereafter, upon the expiration of such time and the giving of such notice of sale as <br />may then be required by law, and without the necessity of any demand on Grantor, <br />Trustee, at the time and place specified in the notice of sale, shall sell said real property <br />or part thereof at public auction to the highest bidder for cash in lawful money of the <br />United States. Trustee may, and upon request of Beneficiary shall, from time to time, <br />postpone any sale hereunder by public announcement thereof at the time and place <br />noticed therefor, and Grantor agrees and acknowledges that Beneficiary may elect in its <br />sole and absolute discretion to direct such postponement(s) for such periods of time as <br />Mortgagee may find necessary or desirable. <br />(vi) In any notice of foreclosure sale, advertisement of sale, or <br />other post - default public statement of Trustee or Beneficiary in connection with the <br />judicial or nonjudicial foreclosure of all or any part of the Premises, Grantor agrees that <br />Trustee and Beneficiary shall have the right, but not the obligation, to disclose any report <br />or information known to them regarding defects in the Premises, that Trustee and <br />Beneficiary cannot control or otherwise assure the truthfulness or the accuracy of such <br />reports or information, and that the disclosure of such reports or information to <br />-15 <br />