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20�10491� <br />designated by the Beneficiary, be applied on the Obligations first in discharge of that portion thereof which is not <br />secured by this Deed of Trust. <br />Section 6.11 Compliance with Usury La�vs. It is the intent of Trustor and Beneficiary and all other <br />parties to the Credit Documents to conform to and contract in strict compliance with applicable usury laws from <br />time to time in efFect. All agreements between Beneficiary and Trustor (or any other party liable with respect to any <br />indebtedness under the Credit Documents) are hereby limited by the provisions of this Section 6.11 which shall <br />override and control all such agreements, whether now existing or hereafter arising. In no way, nor in any event or <br />contingency (including but not limited to prepayment, default, demand for payment, or acceleration of the maturity <br />of any obligation), shall the interest taken, reserved, contracted for, chazged, chargeable, or received under this Deed <br />of Trust, the Note delivered in connection therewith or any other Credit Document or otherwise, exceed the <br />maximum non-usurious amount permitted by applicable law (the "Maximum Lawful Amount"). If, from any <br />possible construcrion of any document, interest would otherwise by payable in excess of the Maximum Lawful <br />Amount, any such construction shall be subject to the provisions of this Section 6.11 and such document shall ipso <br />facto be automarically reformed and the interest payable shall be automatically reduced to the Maximum Lawful <br />Amount, without the necessity of execution of any amendment or new document. If Beneficiary sha11 ever receive <br />anything of value which is characterized as interest under applicable law and which would apart from this provision <br />be in excess of the Maximum Lawful Amount, an amount equal to the amount which would have been excessive <br />interest shall, without penalty, be applied to the reducrion of the principal amount owing on the Obligations in the <br />inverse order of its maturity and not to the payment of interest, or refunded to Trustor or the other payor thereof if <br />and to the extent such amount which would have been excessive exceeds such unpaid principal. Any right to <br />accelerate maturity of any of the Obligarions does not include the right to accelerate any interest which has not <br />otherwise accrued on the date of such acceleration, and Beneficiary does not intend to charge or receive any <br />unearned interest in the event of acceleration. All interest paid or agreed to be paid to Beneficiary shall, to the extent <br />permitted by applicable law, be amortized, prorated, allocated and spread thtoughout the full stated term (including <br />any renewal or eactension) of such indebtedness so that the amount of interest on account of such indebtedness does <br />not exceed the Ma�cimum Lawful Amount. <br />Section 6.12 Marshalling. To the fullest extent allowed by applicable law, Trustor waives any right <br />to require the marshalling of any assets constituting collateral for the Loan. <br />Section 6.13 Invalidity of Certain Provisions. A determination that any provision of this Deed of <br />Trust is unenforceable or invalid sha11 not affect the enforceability or validity of any other provision, and the <br />determination that the application of any provision of this Deed of Trust to any person or circumstance is illegal or <br />unenforceable shall not affect the enforceability or validity of such provision as it may apply to other persons or <br />circumstances. <br />Section 6.14 Gender; Titles; Construction. Within this Deed of Trust, words of any gender shail be <br />held and construed to include any other gender, and words in the singulaz number shall be held and construed to <br />include the plural, unless the context otherwise requires. Titles appearing at the beginning of any subdivisions hereof <br />are for convenience only, do not constitute any part of such subdivisions, and sha11 be disregarded in construing the <br />language contained in such subdivisions. The use of the words "herein," "hereof," "hereunder" and other similar <br />cornpounds of the word "here" shall refer to this entire Deed of Trust and not to any particulaz Article, Secrion, <br />paragraph or provision. The term "person" and words importing persons as used in this Deed of Trust shall include <br />firms, associations, partnerships (including limited partnerships), joint ventures, trusts, corporations, limited liability <br />companies, and other legal entities, including public or governmental bodies, agencies or instrumentalities, as well <br />as natural persons. <br />Section 6.15 Reporting Compliance. Trustor agrees to comply with any and all reporting <br />requirements applicable to the transacrions secured by this Deed of Trust which are set forth in any law, statute, <br />ordinance, rule, regulation, order or determinarion of any governmental authority, and further agrees upon written <br />request of Beneficiary to furnish Beneficiary with evidence of such compliance. <br />Section 6.16 Beneficiary's Consent. Except where otherwise expressly provided herein, in any <br />instance hereunder where the approval, consent or the exercise of judgment of Beneficiary is required or requested, <br />(i) the granring or denial of such approval or consent and the exercise of such judgment sha11 be within the sole <br />DOCS/1045503.1 18 <br />