84006396 - Laserfiche WebLink

Browse

I Ir I I I ! ~. I ~' t ! r . 84- 006396 American may, at its option, exhaust anyone or more of those securities as well as the security under this Deed of Trust, either concurrently or independently and in such order as American may determine and may apply the proceeds received from such securities upon the Obliga~ion without waiving or affecting the status of any breach or default or an\' riqht or power ~lhether. contained in this Deed of Trust or whether contained-in any uther security agr~t. 18. (,rantor shall reimburse A'"llerican for the amount of any taxes paid as a result of any laH enacted or amended intheStat:,e after the date of this Deed of Trust. changing in any way the lalfS)fpr the taxation of the Obliaation, and if Grantor should failt()~~>' reimburse American wi thin~ 30 days after written demand"AaeJ:ican~ declare the Obligation due and payable and may taka. st~tof(.)~~'. close this Deed of Trust, or such sums, at A'ilericanI s optJ.ont 1DA1lY'.~< deemed advances '/ihich shall become part of the Obligation. shaJ.J.~.~; interest at the default rate set forth in the Note, and shalJ...I;ijI>. secured by this Deed of Trust. " . " 19. American may inspect the Property and the booksandc records maintained by Grantor relating to the operation of~; Property at any reasonable time upon reasonable notice to Grantor;, 20. Grantor fully and absolutely .laives and relea-sesarr riaht~ni! cl aims.G ranr.nr mClY h;nl~ ; ~_ nr ,.." t-';..~ :?~~~~=t.:t "'- "'" :~-~ stead e:~ernption or other exemption under and by virtue of the General Assembly of ~~e Sta~e now e~isting or which may be passed in relation to such exemption. 21. Each right, power, and r~~edy conferred in of Trust upon ~~eric~n is c~~ulative of every other right or of Amer iean whether confer red in this Deed of Trust or by law be enforced concurrently: no waiver by American of the perfocaance any covenant or agreement contained in this Deed of Trust shall thereafter in any manner affect the right of ~merican to require or enforce performance 0:': SUdl covenant or agre€!:1ent or any ot:.~er cove- nant or agreement contained in this Deed of Trust. " 22. Each covenant, agree~ent, and prov~sion contained in ;his Deed of Trust shall apply to, inure to the benefic of, and be binding upon Grantor, American, and their respective heirs, personal represent~tives, suc=essors, and assigns. The term "American- as :.lsed in thi.; D~ed of Trust shall include any lawful owner, holder, assignee, or pledgee of the Obligation secured by this Deed of ~rust as well as the holder of a certificate of purchase which may be issued under fo;:eclosure. Whenever used in this Deed of TrWllt, the singular number shall include the plural, the plural. the singular, and use of any g~nder shall be applicable to all genders. -11- L L L --, u -.J ~