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<br />powers granted by this Deed of Trust shall be a perpetual bar against Grantor, Grantor's
<br />heirs, successors, assigns and legal representatives.
<br />Proceeds. Trustee shall pay the proceeds of any sale of the Property (a) first, to the expenses
<br />of foreclosure, including reasonable fees or charges paid to the Trustee, including but not
<br />limited to fees far enforcing the lien, posting for sale, selling, or releasing the Property, (b)
<br />then to Lender the full amount of the Indebtedness, (c) then to any amount required by law to
<br />be paid before payment to Grantor, and (d) the balance, if any, to Grantor.
<br />Attorneys' Fees; Expenses. If Lender institutes any suitor action to enforce any of the terms
<br />of this Deed of Trust, Lender shall be entitled to recover such sum as the court may adjudge
<br />reasonable as Lender's attorneys' fees at trial and upon any appeal. Whether or not any court
<br />action is involved, and to the extent not prohibited by law, all reasonable expenses Lender
<br />incurs that in Lender's opinion are necessary at any time for the protection of its interest or
<br />the enforcement of its rights shall become a part ofthe Indebtedness payable on demand and
<br />shall bear interest at the Note rate from the date of the expenditure until repaid. Expenses
<br />covered by this paragraph include, without limitation, however subject to any limits under
<br />applicable law, Lender's reasonable attorneys' fees and Lender's legal expenses, whether or
<br />not there is a lawsuit, including Lender's reasonable attorneys' fees and expenses for
<br />bankruptcy proceedings (including efforts to modify or vacate any automatic stay ar
<br />injunction), appeals, and any anticipated post judgment collection services, the cost of
<br />searching records, obtaining title reports (including foreclosure reports), surveyors' reports,
<br />and appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by
<br />applicable law. Grantor also will pay any court costs, in addition to all other sums provided
<br />by law. In the event of foreclosure of this Deed of Trust, Lender shall be entitled to recover
<br />from Grantor Lender's reasonable attorneys' fees and actual disbursements that Lender
<br />necessarily incurs in pursuing such foreclosure.
<br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers
<br />and obligations of Trustee are part of this Deed of Trust:
<br />Powers of Trustee. In addition to all powers of Trustee arising as a matter of law, Trustee
<br />shall have the power to take the following actions with respect to the Property upon the
<br />written request of Lender and Grantor: (a) jain in preparing and filing a map or plat of the
<br />Property, including the dedication of streets or other rights to the public; (b) join in granting
<br />any easement or treating any restriction on the Property; and (c) join in any subordination ar
<br />other agreement affecting this Deed of Trust or the interest of Lender under this Deed of
<br />Trust.
<br />Obligations to Notify. Trustee shall not be obligated to notify any other lienhalder of the
<br />Property of the commencement of a foreclosure proceeding or of the commencement of any
<br />other action to which Lender may avail itself as a remedy, except to the extent required by
<br />applicable law or by written agreement.
<br />Trustee. In addition to the rights and remedies set forth above, with respect to all or any part
<br />of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender
<br />will have the right to foreclose by judicial foreclosure, in either case in accordance with and
<br />to the full extent provided by applicable law.
<br />Substitute Trustee. Lender, at Lender's option, from time to time, and more than once, may
<br />appoint in writing a successor ar substitute trustee, with or without cause, including the
<br />resignation, absence, death, inability, refusal or failure to act of the Trustee. The successar or
<br />substitute trustee may be appointed without ever requiring the resignation of the former
<br />trustee and without any formality except for the execution and acknowledgment of the
<br />appointment by the beneficiary of this Deed of Trust. The successor or substitute trustee shall
<br />then succeed to all rights, obligations, and duties of the Trustee. This appointment may be
<br />made on Lender's behalf by any authorized officer of Lender.
<br />NOTICES. Any notice required to be given under this Deed of Trust, including without limitation
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