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201102482 <br />(c) If Trustor shali sel{, convey, transfer, or dispose of the real property <br />described in the Note securing the debt evidenced by the Note, or any part of <br />such property, or any interest therein, or agree so to do without the prior written <br />consent of Beneficiary, Beneficiary shall have the right, at the option of <br />Beneficiary, to declare the entire balance of the unpaid principal with unpaid <br />interest due thereon immediately due and payable. Failure to exercise such <br />option shall not constitute a waiver of the right to exercise it in the event of any <br />subsequent default. <br />10. ACCELERATION UPON DEFAULT, ADDITIONAL REMEDIES. <br />Should an event of default occur, Beneficiary may declare all indebtedness <br />secured hereby to be due and payable, and the same shall thereupon become <br />due and payable without any presentment, demand, protest, or notice of any <br />kind. Thereafter the Beneficiary may: <br />(a) Either in person or by agent, with or without bringing any action or <br />proceeding, or by a receiver appointed by a Court and without regard to the <br />adequacy of its security, enter upon and take possession of the Trust Estate, or <br />any part thereof, in its own name or in the name of Trustee, and do any acts <br />which it deems necessary or desirable to preserve the value, marketability or <br />rentability of the Trust Estate, or part thereof or interest therein, increase the <br />income therefrom or protect the security hereof, and with or without taking <br />possession of the Trust Estate, sue for or otherwise collect the rents, issues and <br />profits thereof, including those past due and unpaid, and apply the same, less <br />costs and expenses of operation and collection, incfuding attorney's fees, upon <br />any indebtedness secured hereby, all in such order as Beneficiary may <br />determine. The entering upon and taking possession of the Trust Estate, the <br />collection of such rents, issues and profits and the application thereof as <br />aforesaid, shall not cure or waive any default or notice of default hereunder or <br />invalidate any act done in response to such default or pursuant to such notice of <br />default and, notwithstanding the continuance in possession of the Trust Estate or <br />the collection, receipt and application of rents, issues or profits, Trustee or <br />Beneficiary shall be entit4ed to exercise every right provided for in any of the <br />Loan Instruments or by law upon occurrence of any event of default, including <br />the right to exercise the power of sale; <br />(b) Commence an action to foreclose this Deed of Trust as a mortgage, <br />appoint a receiver, or specifically enforce any of the covenants hereof; <br />(c) Deliver to Trustee a written declaration of default and demand for sale, <br />and a written notice of default and election to cause Trustor's interest in the Trust <br />Estate to be sold, which notice Trustee shall cause to be duly filed for record in <br />the appropriate Official Records of the County in which the Trust Estate is <br />located. <br />4 <br />