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L III s I 13. The irrevocable right to appoint a substitute trustee or trustees is hereby expressly granted to the Beneficiary, his successors or assigns, to be exercised at any time hereafter without notice and without specifying ally reason there- for. by filing for record in the office where this instrument is recorded an instrument of appointment. The Grantor and the Tnistee herein named or that may hereinafter be. substituted hereunder expressly waive notice of the exercise of this right as well as any requirement or application to any court for the removal, appointment or substitution of any trustee hereunder. 14. Notice of the exercise of any option granted herein to the Beneficiary or to the holder of the note secured hereby is not required to be given time Grantor, the Grantor having hereby waived such notice. 15. If more than one person joins in the execution of this instrument as Grantor or if anyone so joined be of the feminine sex, the pronouns and relative words used herein shall he read as if written in the plural or feminine, respectively, and lire term `Beneficiary" shall include any payee of the indebtedness hereby secured or any assignee or transferee thereof whether by operation of law or otherwise. The covenants herein contained shall bind and the rights herein granted or conveyed shall inure to the respective heirs, executors, administrators, successors, and as- signs of the parties hereto. 16. in compliance with section 101.1(d) of the Rules and Regulations of the Small Business Administration [13 C.F.R. 101.1(d)1, this instrument is to be construed and enforced in accordance with applicable Federal law. 17. A judicial decree, order, or judgment holding any provision or portion of this instrument invalid or unen- forceable shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this instrument. 18. ** IN WITNESS WHEREOF, the Grantor has executed this instrument and the Trustee and Beneficiary have accepted the delivery of this instrument as of the day and year aforesaid. lie 1 . ** In the event of a sale of said premises without the written app%yaYof said Beneficiary, then the whole indebtedness hereby secured shall, at the option of said Beneficiary, immediately became due and collectible without further notice and this Deed of Trust tray then be foreclosed to recover the amount due on said mortgage or obligation. Executed and delivered in the presence of the following witnewes: (Add Appropriate Acknowledgment) pe,. .a: f - JON F. LUEME ;data rpj' my Cl— EW J7 l7, INS ii �11 I� O w a V F � I Ar 07"7 IeauawnN U-- �— aaMiD W molue� {' --98 'ON Juetutt.>OQ stt pejolul i' i 1 i 4� a z a 0 9 L� L. '1 L. I 1 i