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<br />DEED OF TRUST 200!13].11
<br />Loan No: NEW (Continued) Page 6
<br />Lender shall have the right to foreclose by judicial foreclosure, In either case in accordance with and to the full extent provided by
<br />applicable law.
<br />UCC Remedies. With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies of a secured party
<br />under the Uniform Commercial Code.
<br />Collect Rents. Lender shall have the right, without notice to Borrower or Trustor to take possession of and manage the Property and collect
<br />the Rents, including amounts past due and unpaid, and apply the net proceeds, over and above Lender's costs, against the Indebtedness.
<br />In furtherance of this right, Lender may require any tenant or other user of the Property to make payments of rent or use fees directly to
<br />Lender. If the Rents are collected by Lender, then Trustor irrevocably designates Lender as Trustor's attorney -in -fact to endorse
<br />instruments received in payment thereof in the name of Trustor and to negotiate the same and collect the proceeds. Payments by tenants
<br />or other users to Lender in response to Lender's demand shall satisfy the obligations for which the payments are made, whether or not any
<br />proper grounds for the demand existed. Lender may exercise its rights under this subparagraph either in person, by agent of through a
<br />receiver.
<br />Appoint Receiver. Lender shall have the right to have a receiver appointed to take possession of all or any part of the Property, with the
<br />power to protect and preserve the Property, to operate the Property preceding foreclosure or sale, and to collect the Rents from the
<br />Property and apply the proceeds, over and above the cost of the receivership, against the Indebtedness.Trustor hereby waives any
<br />requirement that the receiver be impartial and disinterested as to all of the parties and agrees that employment by Lender shall not
<br />disqualify a person from serving as a receiver.
<br />Tenancy at Sufferance. If Trustor remains in possession of the Property after the Property is sold as provided above or Lender otherwise
<br />becomes entitled to possession of the Property upon default of Trustor, Trustor shall become a tenant at sufferance of Lender or the
<br />purchaser of the Property and shall, at Lender's option, either (11 pay a reasonable rental for the use of the Property, or 121 vacate the
<br />Property immediately upon the demand of Lender.
<br />Other Remedies. Trustee or Lender shall have any other right or remedy provided In this Deed of Trust or the Note or by law
<br />Notice of Sale. Lender shall give Trustor reasonable notice of the time and place of any public sale of the Personal Property or of the time
<br />after which any private sale or other intended disposition of the Personal Property is to be made. Reasonable notice shall mean notice
<br />given at least ten 1101 days before the time of the sale or disposition. Any sale of the Personal Property may be made in conjunction with
<br />any sale of the Real Property.
<br />Sale of the Property. To the extent permitted by applicable law, Borrower and Trustor hereby waives any and all rights to have the
<br />Property marshalled. In exercising its rights and remedies, the Trustee or Lender shall be free to sell all or any part of the Property together
<br />or separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale an all or any portion of the Property.
<br />Attorneys' Fees; Expanses. If Lender institutes any suit or action to enforce any of the terms of this Deed of Trust, Lender shall be entitled
<br />to recover such sum as the court may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or not any court action
<br />is valved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that in Lender's opinion a necessary at any
<br />time for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable on demand and shall
<br />bear interest at the Note rate from the date of the expenditure until repaid, Expenses covered by this paragraph include, without limitation,
<br />however subject to any limits under applicable law, Lender's reasonable attorneys' fees and Lender's legal expenses, whether or not there
<br />is a lawsuit, including reasonable attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or vacate any
<br />automatic stay or injuncturn, appeals, and any anticipated post judgment collection services, the cost of searching records, Obtaining title
<br />reports ( including foreclosure reports), surveyors' reports, and appraisal fees, title in and fees for the Trustee, to the extent
<br />permitted by applicable law. Trustor also will pay any court costs, in addition to all other sums provided by law.
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />POWERS AND OBLIGATIONS OF TRUSTEE. The fallowing provisions relating to the powers and obligations of Trustee are part of this Deed of
<br />Trust:
<br />Powers of Trustee. In addition to all powers of Trustee arising as matter of law, Trustee shall have the power to take the following
<br />actions with respect to the Property upon the written request of Lender and Trustor (a) join in preparing and filing a map or plat Of the
<br />Real Property, including the dedication of streets or other rights to the public; Lp join in granting any easement or creating any restriction
<br />on the Real Property; and W join In any subordination or other agreement affecting this Deed of Trust or the interest of Lender under this
<br />Deed Of Trust.
<br />Obligations to Notify. Trustee shall not be Obligated to notify any other party of a pending sale under any other trust deed or lien, or of any
<br />action or proceeding in which Trustor, Lender, Or Trustee shall be a party, unless the action or proceeding is brought by Trustee.
<br />Trustee. Trustee shall meet all qualifications required for Trustee under applicable law. In addition to the rights and remedies set forth
<br />above, with respect to all or any an of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender shall have
<br />the right to foreclose by judicial foreclosure, in either case in accordance with and to the full extent provided by applicable law.
<br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a successor Trustee to any Trustee appointed under this
<br />Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the office Of the recorder of Hall County, State of
<br />Utah. The instrument shall contain, in addition to all other matters required by state law, the names of the original Lender, Trustee, and
<br />Trustor, the book and page where this Deed of Trust is recorded, and the name and address of the successor trustee, and the instrument
<br />shall be executed and acknowledged by Lender or its successors in interest. The successor trustee, without conveyance of the Property,
<br />shall succeed to all the title, power, and duties conferred upon the Trustee in this Deed of Trust and by applicable law. This procedure for
<br />substitution of Trustee shall govern to the exclusion of all other provisions for substitution.
<br />NOTICES. Unless Otherwise provided by applicable law, any notice required to be given under this Dead of Trust or required by law, including
<br />without limitation any notice Of default and any notice of sale shall be given in writing, and shall be effective when actually delivered in
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