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<br />9. Condemnation. If title to any part of the Property shall be taken in condemnation proceedings, by right of
<br />eminent domain or similar action, or shall be sold under threat of condemnation, all awards, damages and
<br />proceeds are hereby assigned and shall be paid to Beneficiary who shall apply such awards, damages, and
<br />proceeds to the sums secured by the Trust Deed, with the excess, if any, paid to the Trustor.
<br />10. Future Advances. Upon request of Trustor, Beneficiary, at Beneficiary's option, prior to reconveyance of the
<br />Property to the Trustor, may make future advances to the Trustor. Such future advances, with interest thereon,
<br />shall be secured by this Trust Deed when evidenced by promissory notes stating that 'said notes are secured
<br />hereby; provided that at no time shall the secured principal, future advances, not including sums advanced to
<br />'hundred
<br />protect the security, exceed one percent ( 100 %) of the original principal
<br />amounts secured hereby.
<br />11. Remedies Cumulative. All remedies provided in this Trust Deed are distinct and cumulative to any other right
<br />or remedy under this Trust Deed or afforded by law or equity, and may be exercised concurrently, independently
<br />or successively.
<br />12. Acceleration; Remedies; Sale. Upon default by Trustor in the payment of any indebtedness secured hereby
<br />or in the performance of any agreement hereunder, Beneficiary may declare all sums secured hereby
<br />immediately due and payable by delivery to Trustee of written declaration of default. The Trustee shall have the
<br />power of sale of the Property and its Beneficiary desires the Property to be sold, it shall deposit with Trustee this
<br />Trust Deed and all promissory notes and documents evidencing expenditures secured hereby, and shall deliver
<br />to Trustee a written notice of default and election to cause the Property to be sold, and the Trustee in turn shall
<br />prepare a similar Notice in the form required by law, which shall be duly filed for record by Trustee.
<br />(a) After the lapse of such time as may be required by law following the recordation of said notice of default,
<br />and notice of default and notice of sale having been given as required by law, Trustee, - without demand on
<br />Trustor, shall sell the Property on the date and at the time and place designated in said notice of sale, at
<br />public auction to the highest bidder, the purchase price payable in lawful money of the United States at the
<br />time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from
<br />time to time until it shall be completed and, in every such case, notice of postponement shall be given by
<br />public declaration thereof by such person at the time and place last appointed for the sale; provided, if the
<br />sale is postponed for longer than one (1) day beyond the day designated in the notice of sale, notice thereof
<br />shall be given in the swine mariner as the original notice of satt!. Trustee shall execute and deliver to the
<br />purchaser its Deed conveying (tie Property so sold, but without any covenant or warranty, express, or
<br />implied. The recitals in the Deed of any matters or facts shall be conclusive proof of the truthfulness thereof.
<br />Any person, including Beneficiary, may purchase at the sale.
<br />(b) When Trustee sells purs,rait to the powers herein, the Trustee shall apply the proceeds of the sale to
<br />payment of the costs and expenses of exercising the power of sale and of the sale, including the payment of
<br />the Trustee's Fees actually true )greet, which Trustee's Fees shall not in the aggregate exceed the following
<br />arrlount:; taa5k;d upoii the <tinrau,It secured hereby and remaining unpaid: 5 percenturn on the first $1,000
<br />thereof, .tom perceriturto c)n the t,alaiacte thereof, and then to the iterns in subparagraph (c) in the order, there
<br />statue:.
<br />(c.) A fter kiayinti4 ttic, +,t ri,:< ,,, (,;;,r: r', :n - -lubpiarrac;r aph (b) if the sale is by Trustee, or the proper court and other
<br />costs of fora4,lus we .rill gale_• it loie; s aii, , pWsuiat'tt to 1I_id1Clal foreclosure, the proceeds of sale shall be
<br />applied in the order stated to the ,ayrrte:r;t of
<br />(i) oust of awl T14"! lrr,,)c;ured ir) c« rinectic)'I vvitfl such sale and of any revenue stamps,
<br />�
<br />till Al! Burns then seci.irecj herr�t�y':
<br />(ni) The remaindor, if any, tc? ilia PWSun legally entitled thEtnvto.
<br />13. Duties and Obligations of Trustee. (a) Thci duties; rtni.i oblrc)alluns of Trustae:1 shall be determined solely by the
<br />express provisioris of this, Trust Deed sand I tuste'e: shall ncrt lots itoblel except for the performance of such duties
<br />and obligation!, as are ype;cificzally _r� t forth herein, and nu implied c;nveraants or obligations shall be imposed
<br />upon Trustee: (b) No provision of its ?, ust fit eA(l shall re =quire Trusle;e to expend or risk its own funds. or
<br />otherwise Htt;Uf any finCanc;ial In the [)etforfn&)c.c of any of its cl,ties hereunder, or In the exercise of
<br />any of its right or powers, it it st-w l tl;ave grociticjs for bt;lievlriit ifl at OT' of such funds car adequate
<br />rnderrinity ag alti`.s't su'01 risk of k atiilit r% is that t;r3 rUr'):]t7i +,' tassuied !o I,, f(,) I ; Jstee rn ay consult with counsel of it`i
<br />own choos;nq darncf the radvt;:e cif 6a1,:Jl c.ourc,el tibial' to fuil and uow' leste authorization and protection ',11 thus
<br />respect of any i -i(Al n taken or f, y It hc;rei.indef In dcc; ,)d faaith jwd re litani;e thereon; (d) Tniste)t= shall not be
<br />liable for any action taake n by It Ir Yc,)od faith and rea s.r)n;:ahIv hel;,.,Y'ud try 11 to be authorized or within the
<br />disc.re;tion or N(Oltts c)t pc)wc,r >; il- untilrvu;d upon it by This, ? rust (.. eej
<br />14. Additional Security Instruments. Trustor, I its uxpt r)sc�, wi!I e xecaiti;n rrrlia deliver to the TruSiee >. prcrrnptty
<br />upon dearndnd, such security tit�,iti�rtir n ;. la`s r1) ?a' tae'. te'rjuirf ('-J by itclstep, if) for,T) and substance, itistia `tl)ry tip
<br />ee
<br />Trust covering any of Irie Ptc-lPtlity coove.�yed t)y this rfivsr Decd, which security in,,trurne,ntrs <,h,atl be
<br />addIII011iaf SeCtItIlY for TrustUC!, faithful pt.rfoIIVI arico, of all of the te"Fyl'i, (:oveti;.ants arld conditions of this 1 icist
<br />Deed, It prornis spry note'.ss `,eaC;ta(f I tlialeby, eIn ,I "I y other sfx_'.iaritV IIIsIIUri ietits ("Xk.�Litt)(f ill co_)I)nlecII(,) r, VVIIII I h IS
<br />transas.,,tr on inch insirsirrler)S,, sti atl tier rucorded (f file=d vii re tt%taldu,d and resfiie; >d, ,:)t 1'rustor'
<br />IS. Miscellaneous,
<br />(rat It, this u"Vent .rrl'y' (_ )trey f)r ti`t: itl'it >k;(li
<br />other wc " -kawy
<br />•,i
<br />Beneficiary, h ,t f,ifttYe =t ran nil ie )fry)'V fir 3 -it l t 1
<br />Y t i t
<br />ia. W Gulf *Wltl he 1 Oh- lft,,sc r)i �.
<br />.bail t,1f °;1 .
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