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200804918 judgment or decree of foreclosure and sale, shall operate to divest all the estate, right, title, interest, claim and demand whatsoever, whether at law or in equity, of Mortgagor in and to the properties and rights so sold, and shall be a perpetual bar both at law and in equity against Mortgagor and against any all persons claiming or who may claim the same, or any part thereof from, through or under Mortgagor. Upon any sale made under or by virtue of this Deed of Trust (whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale), Mortgagee or any assignee hereof may bid for and acquire the Premises or any part thereof and in lieu of paying cash therefor may make settlement for the purchase price by crediting upon the Indebtedness the net sales price after deducting therefrom (to the extent allowed by applicable law) the expenses of the sale and costs of the action and any other sums which Mortgagee is authorized to deduct under this Deed of Trust. No recovery of any judgment by Mortgagee and no levy of an execution under any judgment upon the Premises or upon any other property of Mortgagor shall affect in any manner or to any extent the lien of this Deed of Trust upon the Premises or any part thereof, or any liens, rights, powers or remedies of Mortgagee hereunder, but such liens, rights, powers and remedies of Mortgagee shall continue unimpaired as before. The Trustee hereby lets the Premises to Mortgagor until a sale be had under the foregoing provisions therefor or until an Event of Default, upon the following terms and conditions, to-wit: Mortgagor and every and all persons claiming or possessing the Premises or any part thereof by, through or under Mortgagor shall pay rent therefor during said term at the rate of one cent (l~) per month, payable monthly upon demand, and shall surrender immediate peaceable possession of the Premises and any and every part thereof sold under said provisions to the purchaser thereof under such sale, without notice or demand therefor, and shall and will at once, without notice, surrender up possession of the Premises and every part thereof in event Mortgagee shall take charge and enter the Premises as provided in this Deed of Trust. No remedy granted or conferred by this Deed of Trust is intended to be exclusive of any other remedy or remedies and each and every remedy shall be cumulative and shall be in addition to every remedy given hereunder or now or hereafter existing at law or in equity or by statute. No delay or omission of Mortgagee to exercise any right or power accruing upon an Event of Default shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or any acquiescence therein and every right, power and remedy given by this Deed of Trust or now or hereafter existing at law or in equity or by statute may be exercised from time to time and as often as may be deemed expedient by the Mortgagee. In the event of the death, removal, resignation, or refusal or inability to act of Trustee or any duly appointed successor Trustee, or in Mortgagee's sole discretion for any reason whatsoever, Mortgagee, from time to time without notice and without specifying any reason therefor and without applying to any court, may select and appoint a successor trustee and all powers, rights, duties and authority of Trustee hereunder shall thereupon become vested in such successor. Such replacement may be made by Mortgagee without giving notice to or obtaining the consent of Mortgagor or any other person; and may be effectuated by a written declaration of 24 Doc# 267536412