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<br />Loan No: 032713101
<br />
<br />DEED OF TRUST
<br />(Continued)
<br />
<br />200600261
<br />
<br />Page 6
<br />
<br />without bond if permitted by law. Lender's right to the appointment of a receiver shall exist whether or not the apparent value of the
<br />Property exceeds the Indebtedness by a substantial amount. Employment by Lender shall not disqualify a person from serving as a
<br />receiver.
<br />
<br />Tenancy at Sufferance. If Trustor remains in possession of the Property after the Property is sold as provided above or Lender
<br />otherwise becomes entitled to possession of the Property upon default of Trustor, Trustor shall become a tenant at sufferance of
<br />Lender or the purchaser of the Property and shall, at Lender's option, either (1) pay a reasonable rental for the use of the Property, or
<br />(2) vacate the Property immediately upon the demand of Lender.
<br />
<br />Other Remedie$. Trustee or Lender shall have any other right or remedy provided in this Deed of Trust or the Note or by law.
<br />
<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
<br />time after which any private sale or other intended disposition of the Personal Property is to be made. Reasonable notice shall mean
<br />notice given at least ten (10) days before the time of the sale or disposition. Any sale of the Personal Property may be made in
<br />conjunction with any sale of the Real Property.
<br />
<br />Sale of the Property. To the extent permitted by applicable law, Trustor hereby waives any and all rights to have the Property
<br />marshalled. In exercising its rights and remedies, the Trustee or Lender shall be free to sell all or any part of the Property together or
<br />separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale on all or any portion of the Property.
<br />
<br />Attorneys' Fees: Expenses. If Lender institutes any suit or action to enforce any of the terms of this Deed of Trust, Lender shall be
<br />entitled to recover such sum as the court may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or not any
<br />court action is involved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that in Lender's opinion are
<br />necessary at any time for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable
<br />on demand and shall bear interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph
<br />include, without limitation, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses,
<br />whether or not there is a lawsuit, including attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or
<br />vacate any automatic stay or injunction), appeals, and any anticipated post-judgment collection services, the cost of searching
<br />records, obtaining title reports (including foreclosure reports), surveyors' reports, and appraisal fees, title insurance, and fees for the
<br />Trustee, to the extent permitted by applicable law. Trustor also will pay any court costs, in addition to all other sums provided by
<br />law.
<br />
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />
<br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are part of this
<br />Deed of Trust:
<br />
<br />Powers of Trustee. In addition to all powers of Trustee arising as a 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: (al join in preparing and filing a map or plat of
<br />the Real Property, including the dedication of streets or other rights to the public; (b) join in granting any easement or creating any
<br />restriction on the Real Property; and (c) join in any subordination or other agreement affecting this Deed of Trust or the interest of
<br />Lender under this Deed of Trust.
<br />
<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
<br />of any action or proceeding in which Trustor, Lender, or Trustee shall be a party, unless the action or proceeding is brought by
<br />Trustee.
<br />
<br />Trustee. Trustee shall meet all qualifications required for Trustee under applicable law. In addition to the rights and remedies set
<br />forth above, with respect to all or any part of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender
<br />will have the right to foreclose by judicial foreclosure, in either case in accordance with and to the full extent provided by applicable
<br />law.
<br />
<br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a successor Trustee to any Trustee appointed under
<br />this Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the office of the recorder of HALL County,
<br />State of California. The instrument shall contain, in addition to all other matters required by state law, the names of the original
<br />Lender, Trustee, and Trustor, the book and page where this Deed of Trust is recorded, and the name and address of the successor
<br />trustee, and the instrument shall be executed and acknowledged by Lender or its successors in interest. The successor trustee,
<br />without conveyance of the Property, shall succeed to all the title, power, and duties conferred upon the Trustee in this Deed of Trust
<br />and by applicable law. This procedure for substitution of Trustee shall govern to the exclusion of all other provisions for substitution.
<br />
<br />Acceptance by Trustee. Trustee accepts this Trust when this Deed of Trust. duly executed and acknowledged, is made a public
<br />record as provided by law.
<br />
<br />NOTICES. Any notice required to be given under this Deed of Trust shall be given in writing, and shall be effective when actually delivered,
<br />when actually received by telefacsimile (unless otherwise required by law I. when deposited with a nationally recognized overnight courier,
<br />or, if mailed, when deposited in the United States mail, as first class, certified or registered mail postage prepaid, directed to the addresses
<br />shown near the beginning of this Deed of Trust. Trustor requests that copies of any notices of default and sale be directed to Trustor's
<br />address shown near the beginning of this Deed of Trust. All copies of notices of foreclosure from the holder of any lien which has priority
<br />over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of this Deed of Trust. Any person may change his
<br />or her address for notices under this Deed of Trust by giving formal written notice to the other person or persons, specifying that the
<br />purpose of the notice is to change the person's address. For notice purposes, Trustor agrees to keep Lender informed at all times of
<br />Trustor's current address. Unless otherwise provided or required by law, if there is more than one Trustor, any notice given by Lender to
<br />any Trustor is deemed to be notice given to all Trustors. It will be Trustor's responsibility to tell the others of the notice from Lender.
<br />
<br />STATEMENT OF OBLIGATION FEE. Lender may collect a fee, not to exceed the maximum amount permitted by law, for furnishing the
<br />statement of obligation as provided by Section 2943 of the Civil Code of California.
<br />
<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust:
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