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<br />200808987 <br /> <br />Trust Deed shall not be deemed to be a. waiver of any other or similar defaults subsequently <br />occumng. <br /> <br />20. Trustor Not Released. Extension of the time for payment or modification or <br />amortization of the sums secured by this Trust Deed granted by Beneficiary to any successor in <br />interest of Trustor shall not operate to release, in any manner, the liability of the original Trustor <br />or Trustor's successor in interest. Beneficiary shall not be required to commence proceedings <br />against such successor or refuse to extend time for payment or otherwise modify amortization of <br />the sums secured by this Trust Deed by reason of any demand made by the original Trustor and <br />Trustor's successors in interest. <br /> <br />21. Default. If there shall be a default under this Trust Deed or under any prior <br />mortgage, the Beneficiary may cure such default, and the amounts advanced by, and other costs <br />and expenses of the Beneficiary in curing such default, with interest at the default rate contained <br />in the Note secured hereby from the time of the advances or payments shall be added to the <br />indebtedness secured by this Trust Deed and may be collected hereunder at any time after the <br />time of such advances or payments and shall be deemed to be secured hereby. <br /> <br />22. Option to Foreclose. Upon the occurrence of any default hereunder, Beneficiary <br />shall have the option to foreclose this Trust Deed in the manner provided by law for the <br />foreclosure of mortgages on real property. <br /> <br />23. Trustor's Rights. Absent Default. Until any default in the payment of indebtedness <br />hereby secured or until the breach of any covenant herein contained, the Trustor, its successors <br />and assigns, shall possess and enjoy the property, and receive the rents and profits therefrom. <br />Upon payment of all sums secured by this Trust Deed, Beneficiary shall request Trustee to <br />reconvey the property and shall surrender this Trust Deed and all notes evidencing indebtedness <br />secured by this Trust Deed to Trustee. Trustee shall reconvey the property without warranty and <br />without charge to the persons legally entitled thereto. The Grantee in any reconveyance may be <br />described as "the person or persons entitled thereto", and the recitals therein of any matters or <br />facts shall be conclusive proof of the truthfulness thereof. Such person or persons shall pay all <br />costs of recording, if any. <br /> <br />8 <br />