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<br />88-10';;407 <br /> <br />right to require prompt payment when due of all other sums so <br />secured or to require prompt performance of all other acts <br />required hereunder, or to declare a default for failure so to <br />pay. <br /> <br />20. Waiver of statute of Limitations: Time is of the <br />essence in all Trustor's Obligations hereunder: and to the <br />extent permitted by law, Trustor waives all present or future <br />statutes oL limitations with respect to any debt, demand or <br />Obligation secured hereby in any action or proceeding for the <br />purpose of enforcing this Trust or any right or remedies <br />hereunder. <br /> <br />21. Inspection and Business Records: Beneficiary at any <br />time during the continuation of this Trust may enter and inspect <br />such property at any reasonable time. Trustor covenants to <br />provide Beneficiary, annually, personally certified financial <br />statements, including a balance sheet and an income statement of <br />the trust property within ninety (90) days after the end of <br />Trustor's fiscal year. If such statements are not submitted or <br />are not prepared in accordance with generally accepted <br />accounting principles, consistently applied, the Beneficiary <br />shall have the right to audit the books and records of Trustor <br />at Trustor's expense. Trustor further agrees, when requested by <br />Beneficiary, to promptly deliver in writing such further <br />additional information as requested by Beneficiary relating to <br />the financial statements submitted by Trustor. <br /> <br />22. Acceleration Clause: Should an event of default occur, <br />as defined in the Promissory Note secured hereby, or should <br />Trustor, or any successor in interest of Trustor, voluntarily or <br />involuntarily sell, exchange, convey, transfer, contract to <br />sell, lease with option to purchase, sublease, change the <br />character or use of, or further encumber such property, or any <br />part thereof, or any interest therein: or if any of said <br />parties shall be divested of title to such property, or any part <br />thereof, or any interest therein, either voluntarily, or <br />involuntarily or if title to such property be subjected to any <br />lien or charge, VOluntarily or involuntarily, contractual or <br />statutory, without the written consent of Beneficiary being <br />first had and obtained, then Beneficiary shall have the right, <br />at its option, to declare all sums secured hereby forthwith due <br />and payable. <br /> <br />23. Remedies: No remedy herein provided shall be exclusive <br />of any other remedy herein or now or hereafter existing by law, <br />but shall be cumulative. Every power or remedy hereby given to <br />Trustee or Beneficiary, or to which either of them may be <br />otherwise entitlec1, may be exercised from time to time and as <br />often as may be deemed expedient by them, and either of them may <br />pursue inconsistent remedies. If Beneficiary holds any <br />additional security for any obligation secured hereby, it may <br />enforce the sale thereof at its option, either before, <br />contemporaneously with, or after the sale is made hereunder, and <br /> <br />-15- <br />