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<br />(a) Upon receipt of such notice from Beneficiary, Trustee shall cause
<br />to be recorded, published, and delivered to Trustor such Notice of
<br />Default and Notice of Sale as then required by law and this Deed
<br />of Trust. Trustee shall, without demand on Trustor, after such
<br />time as may then be required by law and after recordation of such
<br />Notice of Default and after Notice of Sale having been given as
<br />required by law, sell the Trust Estate at the time and place of sale
<br />fixed by it in such Notice of Sale, either as a whole, or in separate
<br />lots or parcels or items as Trustee shall deem expedient, and in
<br />such order as it may determine, at public auction to the highest
<br />bidder for cash in lawful money of the United States payable at the
<br />time of sale. Trustee shall deliver to such purchaser or
<br />purchasers thereof its good and sufficient deed or deeds
<br />conveying the property so sold, but without any covenant or
<br />warranty, express or implied. The recitals in such deed or any
<br />matters or facts shall be conclusive proof of the truthfulness
<br />thereof. Any person, including, without limitation, Trustor, Trustee,
<br />and Beneficiary, may purchase at such sale and Trustor hereby
<br />covenants to warrant and defend the title of such purchaser or
<br />purchasers.
<br />(b) As may be permitted by law, after deducting all costs, fees, and
<br />expenses of Trustee and of this Trust, including costs of evidence
<br />of title in connection with sale, Trustee shall apply the proceeds of
<br />any sale to the payment of (1) all sums expended under the terms
<br />hereof not then repaid, with accrued interest at Fourteen Percent
<br />(14 %) per annum; (ii) all other sums then secured hereby; and (iii)
<br />the remainder, if any, to the person or persons legally entitled
<br />thereto.
<br />(c) Trustee may, in the manner provided by law, postpone sale of all
<br />or any portion of the Trust Estate.
<br />13. Remedies Not Exclusive. Trustee and Beneficiary, and each of them, shall be entitled to
<br />enforce payment and performance of any indebtedness or obligations secured hereby and to
<br />exercise all rights and powers under this Deed of Trust or under any loan instrument or other
<br />agreement, or any laws now or hereafter in force, notwithstanding that some or all of the such
<br />indebtedness and obligations secured hereby may now or hereafter be otherwise secured,
<br />whether by mortgage, deed of trust, pledge, lien, assignment, or otherwise. Neither the
<br />acceptance of this Deed of Trust nor its enforcement, whether by court action or pursuant to the
<br />power of sale or other powers herein contained, shall prejudice or in any manner affect
<br />Trustee's or Beneficiary's right to realize upon or enforce any other security now or hereafter
<br />held by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them
<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 they or either of them may in their absolute
<br />discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is
<br />intended to be exclusive of any other remedy herein or by law provided or permitted, but each
<br />shall be cumulative and shall be in addition to every other remedy given hereunder or now or
<br />hereafter existing at law or in equity or by statute. Every power given by any of the Loan
<br />Instruments to Trustee or Beneficiary or to which either of them may be otherwise entitled may
<br />be exercised, concurrently or independently, from time to time and as often as may be deemed
<br />expedient by Trustee or Beneficiary, and either or both of them may pursue inconsistent
<br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a
<br />deficiency judgment against the Trustor to the extent such action is permitted by law.
<br />14. Assignment of Rents. For the purpose of providing further security for the debt secured
<br />hereby, Trustor hereby assigns, transfers, and sets over to Beneficiary, to be applied toward the
<br />payment of the Note and all other sums secured hereby or evidenced by the Loan Instruments,
<br />in case of default in the performance of any of the terms or conditions of this Deed of Trust, or
<br />the said Note, or the terms of any Loan Instruments, all the rents, revenues, and incomes, if
<br />any, to be derived from the Property during such time as the Note shall remain unpaid; and
<br />Beneficiary shall have the power to appoint any agent or agents they may desire for the purpose
<br />of repairing the Property and of renting the same and collecting the rents, revenues, and
<br />income, and it may pay out of said income all expenses of repairing the Property and necessary
<br />commissions and expenses incurred in renting and managing the same and of the payment of
<br />(L0550262.1)
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