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<br />is expressly agreed that a deficiency judgment may be obtained in either event in favor of the
<br />legal owner of the rights and interests granted by the Indemnity Agreement against Trustors,
<br />should there not be sufficient money realized from the sale of said property to pay the amount
<br />due Surety under the Indemnity Agreement, together with the casts and charges and interest
<br />thereon as provided herein. In addition to the rights provided for herein, and in no way limiting
<br />those rights, Beneficiary may, upon default and failure to cure on behalf of the Trustors as
<br />provided herein, cause Trustee, original or successor, to immediately enter into and upon, all and
<br />singular, the Real Property, and without process of .law, to take possession of or to let said
<br />premises, and to sell and dispose of the same, or any part thereof.
<br />11. FORBEARANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER. Any
<br />forbearance by Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise
<br />afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or
<br />remedy. Likewise, the waiver by Beneficiary or Trustee of any default of Trustors under this
<br />Trust Deed shall not be deemed to be a waiver of any other ar similar defaults subsequently
<br />occurring.
<br />12. BENEFICIARY'S POWERS. Without affecting or releasing the liability of the
<br />Trustor or any other person liable for the payment of any obligation herein mentioned, and
<br />without affecting the lien or charge of this Trust Deed upon any portion of the Property,
<br />Beneficiary rnay, from time to time and without notice at the request of one or more Trustors (i)
<br />release any person liable, (ii) extend or renew the maturity or alter any of the terms of any such
<br />obligations, (iii) grant other indulgences, (iv) release or reconvey or cause to be released or
<br />reconveyed at any time at Beneficiary's option any parcel or all of the Property, (v) take or
<br />release any other or additional security for any obligation herein mentioned, (vi) make
<br />settlements or other arrangements with Trustors in relation thereto. All Trustors shall be jointly
<br />and severally obligated and bound by the actions of the Beneficiary or any one or more Trustors
<br />as stated in this paragraph.
<br />13. RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary and upon
<br />payment by Trustors of Trustee's fees, Trustee shall reconvey to Trustors, or the person or
<br />persons legally entitled thereto, without warranty, any portion of the Property then held
<br />hereunder. Recitals in such reconveyance of any matters or facts shall be conclusive proof of the
<br />truthfulness thereof. The grantee in any reconveyance may be described as "the person or
<br />persons legally entitled thereto." It is expressly agreed that, to properly protect the Surety and
<br />any assignees or successors in interest, the Indemnity Agreement shall be retained by Surety or
<br />its assignee and that the Trustee hereunder shall not reconvey the property or release this trust
<br />unless and until the Indemnity Agreement herein referred to and presented to the Trustee has
<br />been legally cancelled by the Surety or its successor in interest.
<br />14. NOTICES. Except for notices, demands, requests or other communications required
<br />under applicable law to be given in another manner, whenever Beneficiary, Trustors, or Trustee
<br />gives or serves any notice (including, without limitation, notice of default and notice of sale),
<br />demands, requests or other communication with respect to this Trust Deed, each such notice,
<br />demand, request or other communication shall be in writing and shall be effective only if the
<br />same is delivered by personal service or is mailed by certified mail, postage prepaid, addressed
<br />to the address as set forth at the beginning of this Trust Deed. Any party may at any time change
<br />its address for such notices by delivering or mailing to the other party hereto, as aforesaid, a
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