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<br /> . ,:..�;.. '� Beneficiary, for such purpose, and as may be designate� in such request. Any sale or ,
<br /> � �► sales made under or by virtue of this Deed of Trust, to the extent not prahibited by law, ;
<br /> shall operate to divest all the estate, rlght, title, inteaest, property, claim and demand �;',;
<br /> whatsoever, whether at law or in equity, of the Trustor in, to and under the Trust Estate, � �'����
<br /> � , Ur any portions thereof so sold, and shall be a perpetual bar both at law and in equiry , , ;;:_-=
<br /> against the Trustor and a�ainst any and all Persons clainning or who may claim the same, �:-,�,_--
<br /> �� or any part thereof, by, through ot under the Trustor. The powers and agency herein _
<br /> . � granted are coupled with an interest and are irrevdcable. �� • -_-=-
<br /> � (d) All rights of actiot� u�►de� the Laan Documen4s and this Deed Qf Trust may `-=r.
<br /> 4 be enforced by the Trustee or the Bene�ciary without the possession of the original Loan k`�
<br /> � Documents and without the production thereof at any trial or other proceeding relative .
<br /> � '� thereto. _—�-
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<br /> Section 5.4. AQnlication of Proceeds. �-f,��
<br /> � �� ' uance of an Event of Default,an amounts �`�'�°—
<br /> x (a) Prior to the occurrence and conun Y
<br /> � received or collected by Beneficiary under this Deed of Trust shall be applied in `-�
<br /> accordance with Section 2.8 af the Loan Agreement. After the occurrence and
<br /> , � continuance of an Event of Default, any amounts received or collected by the Trustee or
<br />"`�" the Aeneficiary under this Deed of Trust may be applied to any one or moze of the -
<br />=,' following in such order and in such amounts as the Beneflciary may elect in its sole
<br /> � discretion:
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<br /> - . (i) To the paysnent of aU costs, expenses and advances incurred by the
<br />�`�',�' ''"` � Trustee or ih� Beneficiary,as the case may be, or made by the Trustee or the
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<br /> - Heneficiary, as the case may be, in the enfarcement of this Deed of TFUSt, the
<br />`3:��,�_,: , other Loan Documents or tlie Other Loan Documents, the protecdon of the Lien
<br />-''�'-"�=n��� ,� (as defined in the Loan Agreement and the Other Loan Agreement)and security =°'
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<br />_�:=�•�•��-.,� : afforded thereby, and the preservation of the Trust Fstate (as d�fined herein and
<br /> -���-��..'���� in the Oth�r Loan Docurnents), including,without limitation , all expenses of
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<br /> :;;°=:'�,:_ . � managing the Facility,the Facilities, and Other Faciliries, including, v�nthout
<br /> _ -�::-,;�";��°�� uiiu2nii�II�the ���.iISE����9�nd vvagPs of any managin� ag�nt ar�d suct� other _____
<br /> ="��.:.:' °�`'� employees as �eneficiary may reasonably deem necessar�and allexpens$s of -_
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<br /> �_-"'��'��'=� �� opera4ing and maintaining the Facility, the Facilities, and Other Facilities,
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<br /> _.-�-;�;�.:A � including,withaut �imitation, all t�xes, charges, claims, assessments, yvater rents,
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<br />-�.F:R,,,�:�..� : .; sewer rents and any other liens, and premiums for all insurance w ic are due an
<br /> -_-�'-"�"�'' payable and the cost of all alterations, renovarions, repairs or replacements, and _
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<br />;�� ri- . all costs and expenses incident to taking and retaining possession of the Trust
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