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Iiiā‚¬ <br />If <br />_~- ~ ~0~ i)fi~jQ'~4 <br />county or counties in which said property is situated shall be <br />conclusive proof of proper appointment of the successor Trustee. <br />.The foregoing power of substitution and the procedure therefore <br />sha1T not be exclusive of the power and procedure provided for by <br />Iaw for the substitution of a Trustee or Trustees in the place of <br />the Trustee. <br />19. rorebearance by Beneficiary or Trustee 'dot a Waver Any <br />forebearance by Beneficiary or Trustee in exercising any right or <br />remedy hereunder, or otherwise afforded by applicable law, <br />shall not be a waiver of or preclude. the exercise of any right or <br />remedy hereunder. Likewise, the waiver by Beneficiary or Trustee <br />of any default of Trustor under this Trust Deed shall not be deemed <br />to be a waiver of any other or similar defaults subsequently occur- <br />. ring. <br />2e~. Trustor Not Released. Extension of the time for payment or <br />modificaitoa or amortization of the sums secured by this Trust <br />Deed granL'ed by Beneficiary to any successor in interest of Trustor <br />shall not operate to raiease, in any manner, the liability of the <br />original Trustor or Trustor's successor in. interest. Beneficiary <br />s1iaT1 not be required. to commence proceedings against such successor <br />or. refuse to extend time for payment or otherwise modify amortiza- <br />Cion of the sums secured by this Trust Deed by reason of any demand <br />j made by the original Trustor and Trustor's successors in interest. <br />21. Default. If there shall be a default under this Deed of Trust <br />or under any prior mortgage, the Beneficiary may cure such de- <br />fault, and the amounts advanced by, and other costs and expenses <br />of the Beneficiary incurring such default, with interest at the <br />default rate cantainedia the Note secured hereby from the time <br />fo the advances or payments shall be added to the indebtedness <br />secured by this Trust Deed and may be collected hereunde~~ at any <br />time after the time of such advances or pa.,~;,ents and sl~al.l be dc~.med <br />to be secured hereby. <br />22. Qnt~Tipn~to kareclose. Upon the occurrence c;f ax~y -aul` ~rere::- <br />und~er, Beneficiary shall have the optiasi to foreclose this Trust <br />Beed is the manner provided by law far the foreclosure of mortgages <br />on real property. <br />23. Trustor's Rights Absent Default Until any default in L'he <br />payment or indebtedness hereby secured or until the breach of any <br />covenant herein contained, Che Trustor, its successors and assigns, <br />shall possess and enjoy the Property, and receive the rents and <br />profits therefrom, Upon payment of all sums secured by this Trust <br />Dead, Beneficiary shall request Trustee to reconvey the property <br />a:~d shall surrender this Trust Deed and all notes evidencing ir.debt- <br />edness secured by this Trust Deed to Trustee. Trustee shall rc- <br />convey the property without warranty and without charge to the l;cr- <br />sans legally entitled thereto. The Grantee in any recanveyance may <br />be described as "the person or persons entitled thereto", and ~i;e <br />recitals therein of any matters or facts shall be conclusive ;roo <br />of the truthfulness thereof. Such person or persons shall n:~y <br />ail costs of recording, if any. ` <br />The Trustor requests that a copy of any notice of default <br />aid of any notice of sale hereunder be mailed to him at the <br />address hereinbefore set forth. <br />IN i.~~1TN+~.~~ Wnr,REvi' , the <br />the day and year first above <br />~~« t <br />~Yn ett <br />Trustor has executed this Trust Daeci, <br />written. <br />