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�01106479
<br />17. REMEDIES ON DEFAULT. In some instances, federal and state law will require
<br />Beneficiary to provide Trustor with notice of the right to cure, mediation notices or other notices
<br />and may establish time schedules for foreclosure actions. Subject to these limita.tions, if any,
<br />Beneficiary may accelerate the Secured Debt and foreclose this Deed of Trust in a manner
<br />provided by law if this Trustor is in default.
<br />At the option of Beneficiary, all or any part of the agreed fees and charges, accrued interest and
<br />principal shall become immediately due and payable, after giving notice if required by law, upon
<br />the occurrence of a default or anytime thereafter, In addition, Beneficiary sha11 be entitled to all
<br />the remedies provided by law, the Evidence of Debt, other evidences of debt, this Deed of Trust
<br />and any related documents including without limitation, the power to sell the Property.
<br />If there is a default, Trustee shall, in addition to any other permitted remedy, at the request of the
<br />Beneficiary, advertise and sell the Property as a whole or in separate parcels at public auction to
<br />the highest bidder for cash and convey absolute title free and clear of all right, title and interest of
<br />Trustor at such time and place as Trustee designates. Trustee shall give notice of sale including
<br />the time, terms and place of sale and a description of the property to be sold as required by the
<br />applicable law in effect at the time of the proposed sale.
<br />Upon sale of the Property and to the extent not prohibited by law, Trustee shall make and deliver
<br />a deed to the Property sold which conveys absolute title to the purchaser, and after first paying a11
<br />fees, charges and costs, shall pay to Beneficiary a11 moneys advanced for repairs, taxes,
<br />insurance, liens, assessments and prior encumbrances and interest thereon, and the principal and
<br />interest on the Secured Debt, paying the surplus, if any, to Trustor. Beneficiary may purchase the
<br />Property. The recitals in any deed of conveyance shall be prima facie evidence of the facts set
<br />forth therein.
<br />All remedies are distinct, cumulative and not exclusive, and the Beneficiary is entitled to all
<br />remedies provided at law or equity, whether expressly set forth or not. The acceptance by
<br />Beneficiary of any sum in payment or partial payment on the Secured Debt after the balance is
<br />due or is accelerated or after foreclosure proceedings are filed shall not constitute a waiver of
<br />Beneficiary's right to require full and complete cure of any existing default. By not exercising any
<br />remedy on Trustor's default, Beneficiary does not waive Beneficiary's right to later consider the
<br />event a default if it continues or happens again.
<br />18. EXPENSES; ADVANCES ON COVENANTS; ATTORNEYS' FEES; COLLECTION
<br />COSTS. Except when prohibited by law, Trustor agrees to pay all of Beneficiary's expenses if
<br />Trustor breaches any covenant in this Deed of Trust. Trustor will also pay on demand all of
<br />Beneficiary's expenses incurred in collecting, insuring, preserving or protecting the Property or in
<br />any inventories, audits, inspections or other examination by Beneficiary in respect to the
<br />Property. Trustor agrees to pay all costs and expenses incurred by Beneficiary in enforcing or
<br />protecting Beneficiary's rights and remedies under this Deed of Trust, including, but not limited
<br />to, attorneys' fees, court costs, and other legal expenses. Once the Secured Debt is fully and
<br />finally paid, Beneficiary agrees to release this Deed of Trust and Trustor agrees to pay for any
<br />recordation costs. All such amounts are due on demand and will bear interest from the time of the
<br />advance at the highest rate in effect, from time to time, as provided in the Evidence of Debt and
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