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<br />proof of proper substitution of each Tru@tee orTrestees who @hall without conveyance from theTruabe predecessor, aaooeedto
<br />all its title, estate, rights, power and duties.
<br />NO WAIVER BY BENEFICIARY: No waiver by Trustee or Beneficiary of any right under this Deed of Trust shall be of.
<br />fective unless in writing. Waiver by Trades or Beneficiary of any right granted to Trustee or Beneficiary under this Deed of
<br />Trust or of any provision of this Deed *(Trust as to any transaction or occurrences shall not be deemed a waiver as to any fu-
<br />ture transaction or occurrences. By accepting payment of any sum secured hereby after its due date, or by making any pay.
<br />ment or performing any act on behalf otTrudor that Trustar was obligated hereunder, but Mad to make or perform or by ad-
<br />ding any payment so made by Trustee or Beneficiary to the indebtedness secured hereby, Beneficiary does not walve its right
<br />to require prompt payment when due *fell other a- an sscoro l or to require prompt Performmarws of all other acts required
<br />hereunder, or to declare a default for failure so to pay.
<br />WAIVER OF STATUTE OF LIMITATIONS: Time is of the essence in all Trustor's obligations hereunder, and to theextent
<br />permitted by law,Trasior waives all present or future statutes of limitations with respoetto any debt, demand @obligationae-
<br />cored herab in any action or proceeding for the purpose of enforcing thle Trust o any right or remedies hereunder.
<br />s �y
<br />INSP qbi RDS: Beneficiary at eny time during the continuation of this Trust may enter and
<br />inspect ns�. Trustor sgrees that, when requested by Beneficiary, Trustor will promptly de-
<br />liver to sRcisRy ,tatemenb and profit and loo statements of such types and at such intervals as
<br />may be required by Beneficiary which will be in form and content prepaid according to the usual and acceptable accounting
<br />princi ples and practices, whkh statemaab shall cover the financial operations rsiating to Tr olor orsuch property and Troet.
<br />or farther agrees when regrenled by Beneficiary to promptly deliver in writing each furtltor additional information an required
<br />by Beneficiary relating to any such financial statements.
<br />REMEDIES: No remedy herein provided shell be exclusive of any other remedy herein or now or hereafter existing by law,
<br />but shall be cumulative. Every power or remedy hereby given to Trustee or to Beneficiary or to which either of them may be
<br />otherwise entitled, may be exercised from time to time and as often me may be deemed expedient by them, and either of them
<br />may pursue inconsistent remedies. If Beneficiary holds any additional security for any obligation secured hereby, it may
<br />enforce the sale thereof at its option, either before, contemporaneously with, or after the sale is made hereunder and on any de-
<br />fault of Trustor, Beneficiary may, at its option, offset against any indebtedness secured hereby, and the Beneficiary is hereby
<br />authorised and empowered at its option, without any obligation so to do, and without affecting the obligations hereof, to apply
<br />toward the payment of any indebtedness of the Trastor to the Beneficiary, any and all sums of money of Trustor which may
<br />have in its possession or under its control, including without limiting the generality of the foregoing any savings aeeount,de-
<br />podR investment certificate. escrow or trust funds.
<br />LAW APPLICABLE: That this lead of Trust shall be constroed according to the laws of the state of
<br />ILLEGALITY: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such conflict
<br />shall not affect other provisions of this Deed of Trust which can be given effect without the conflicting provision, and to this
<br />end the provisions of this Deed of Trust are declared to be severable.
<br />GENERAL PROVISIONS: (a) This Deed of Trust applies to, inure@ to the benefitof, and binds all parties hereto, their heirs,
<br />legatees, devisees, administrators, executors, successors and assigns. (b) the term "Beneficiary" shall mean the owner and
<br />holder (including a pledgee) of any note secured hereby, whether or not names as Beneficiary herein. (c) Wherever thecontext
<br />so requires, the masculine gender includes the feminine and neuter, the singular number includes the plural, and vice versa. (d)
<br />Captions and paragraph headings used herein are for convenience only, are not a partof this agreement, and @hall not be used
<br />in construing it. If more than one person is named herein an Trustor, each obligation ofltusto shall be the joint and several
<br />obligation of each such person. The rights or remedies granted hereunder, or by law, shall rwtbeexclusive, but shall be concur-
<br />rent and cumulative.
<br />TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by
<br />law. Trusts* in not obligated to notify any party hereto of pending sale under any other Ie ed of Trustor any action or proceed•
<br />ing in which Trento, Beneficiary or Trustee shall be a party, unions brought by Trustee.
<br />Mailing address for notices to Trwtor:
<br />IN WITNESS WHEREOF. Trustor has executed this Deed of Trust on the dab first above written.
<br />The Muffl r Sho , I C.
<br />(CORPORATE SEAL) L'
<br />'m Atwood, President
<br />LAS
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