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<br />r <br /> <br />88-100024 <br /> <br />or take any benefit or advantage of any stay or extension or <br />moratorium law, any exemption from execution or sale of the <br />Mortgaged Property or any part thereof, wherever enacted, now or <br />at any time hereafter, which may affect the covenants and terms of <br />performance of this Deed of Trust, nor claim, take or insist on <br />any benefit or advantage of any law now or hereafter in force <br />providing for the valuation or appraisal of the Mortgaged Proper- <br />ty, or any part thereof, prior to any sale or sales of the Mort- <br />gaged Property which may be made pursuant to this Deed of Trust, <br />or pursuant to any decree, judgment or order of any court of <br />competent jurisdiction. Mortgagor shall not, after any such sale <br />or sales, claim or exercise any right under any statute heretofore <br />or hereafter enacted to redeem the property so sold or any part <br />thereof. Mortgagor hereby expressly waives all benefit or advan- <br />tage of any such law or laws, and covenants not to hinder, delay <br />or impede the execution of any power granted or delegated to the <br />Beneficiary by this Deed of Trust, ~ut to suffer and permit the <br />execution of every such power as though no such law or laws had <br />been made or enacted. Mortgagor, for itself and all who may claim <br />under it, waives, to the extent permitted by law, all right to <br />have the Mortgaged Property marshaled on any foreclosure of this <br />Deed of Trust. <br /> <br />SECTION 3.6 Remedies Not Exclusive. No remedy <br />conferred upon or reserved to Beneficiary by this Deed of Trust is <br />intended to be exclusive of any other remedy or remedies, and each <br />and every such remedy shall be cumulative and shall be in addition <br />to every other remedy given under thi s Deed of Trust or noVl or <br />hereafter eXisting at law or in equity. Any delay or omission of <br />Beneficiary to exercise any right or power accruing on any Event <br />of Default shall not impair any such right or power and shall not <br />be construed to be a waiver of or acquiescence in any such Event <br />of Default. Every power and remedy given by thi s Deed of Trust <br />may be exercised from time to time as often as may be deemed <br />expedient by Beneficiary. If Beneficiary accepts any moneys <br />required to be paid by Mortgagor under this Deed of Trust after <br />the same becomes due, such acceptance shall not constitute a <br />waiver of the right either to require prompt payment, when due, of <br />all other sums secured by this Deed of Trust or to declare an <br />Event of Default with regard to subsequent defaults. If Benefi- <br />ciary accepts any moneys required to be paid by Mortgagor under <br />this Deed of Trust in an amount less than the sum then due, such <br />acceptance shall be deemed an acceptance on account only and on <br />the condition that it shall not constitute a waiver of the obliga- <br />tion of Mortgagor to pay the entire sum then due, and Mortgagor's <br />failure to pay the entire sum then due shall be and continue to be <br />an Event of Default notwithstanding acceptance of amount on <br />account. <br /> <br />SECTION 3.7 Mortgagor - Tenant at Will After Sale. <br />Mortgagor agrees that after any sale hereunder, Mortgagor shall, <br />at the option of the purchaser at such sale, be a mere tenant at <br />the will and sufferance of the purchaser(s) at such sale or sales, <br />and that such purchaser(s) shall be entitled to immediate <br /> <br />-26- <br /> <br />L <br /> <br />L <br /> <br />L <br /> <br />-.J <br /> <br /> <br />.....- <br /> <br />( <br /> <br /> <br />I <br />~ <br />