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<br />11. FORECLOSURE BY POWER OF SALE. Should Beneficiary elect to
<br />foreclose by exercise of the Power of Sale herein contained, Beneficiary shall
<br />notify Trustee and shall deposit with Trustee this Deed of Trust and the Note and
<br />such receipts and evidence of expenditures made and secured hereby as
<br />Trustee may require.
<br />(a) Upon receipt of such notice from Beneficiary, Trustee shall cause to
<br />be recorded, published and delivered to Trustor such Notice of Default and
<br />Notice of Safe as then required by law and by this Deed of Trust. Trustee shall,
<br />without demand on Trustor, after such time as may then be required by law and
<br />after recordation of such Notice of Default and after Notice of Sale having been
<br />given as required by law, sell the Trust Estate at the time and place of sale fixed
<br />by it in such Notice of Sale, either as a whole, or in separate lots or parcels or
<br />items as Trustee shall deem expedient, and in such order as it may determine, at
<br />public auction to the highest bidder for cash, in lawful money of the United
<br />States, payable at the time of sale. Trustee shall deliver ta such purchaser or
<br />purchasers thereof, its good and sufficient deed or deeds, conveying the property
<br />so sold, but without any covenant or warranty, express or implied. The recitals in
<br />such deed of any matters or facts shall be conclusive proof of the truthfulness
<br />thereof. Any person, including, without limitation, Trustor, Trustee, and
<br />Beneficiary, may purchase at such sale, and Trustor hereby covenants to warrant
<br />and defend the title of such purchaser or purchasers.
<br />(b) As may be permitted by law, after deducting all costs, fees, expenses
<br />of Trustee and of this Trust, including costs of evidence of title in connection with
<br />saie, Trustee shalf appfy the proceeds of sale to payment of (i) all sums
<br />expended under the terms hereof, not then repaid, with accrued interest at 8
<br />percent per annum, (ii) all other sums then secured hereby, and (iii) the
<br />remainder, if any, to the person or persons legally entitled thereto.
<br />(c) Trustee may, in the manner provided by law, postpone sale of all or
<br />any portion of the Trustee Estate.
<br />12. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of
<br />them, shall be entitled to enforce payment and perFormance of any indebtedness
<br />or obligations secured hereby and to exercise all rights and powers under this
<br />Deed of Trust or ur�der any Loan Instrument or other agreement or any faws now
<br />or hereafter in force, notwithstanding some or all of the such indebtedness and
<br />obligations secured hereby may now or hereafter be otherwise secured, whether
<br />by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the
<br />acceptance of this Deed of Trust nor its enforcement whether by court action or
<br />pursuant to the power of sale or other powers herein contained, shall prejudice or
<br />in any manner affect Trustee's or Beneficiary's right to realize upon or enforce
<br />any other security now or hereafter held by Trustee or Beneficiary, it being
<br />agreed that Trustee and Beneficiary, and each of them, shall be entitled to
<br />enforce this Deed of Trust and any other security now or hereafter held by
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