.. . . .
<br /> . . ._ . . .
<br /> . .. - -- - --- - - - , . " ., • , , . ,.:wa. .- �. �x
<br /> , , , . , .` . . ` . . £,5, <
<br /> ' . ; '. . � . � � . ' ` . . � _
<br /> � , . , . , - � .. � ; � .F -• . -- -
<br />. ' . .• ' . . , . . � � • . � , � � . ' , � . � . . . , .� � . ._ � . ... ._ _,� , .. , . f, -
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<br /> I f - • , - �._.
<br /> I
<br /> i •
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<br /> �. J Trustee shall noi be liable for any monetary damages, and Tru9tor�SOle im�es s�"all be � . � � : ` � ` . �
<br />.,: �;� limited w�ommeacing an action seeking injunctive relief or declaratory judgment. The � - =.= - . ;� -�
<br /> parties herew agree that any action or proceeding to determine whether Beneficiary or • � � _
<br /> Trustee has acted reasonably shall be determined by an action seeking declarawry judgment. ; � � .
<br /> i . . -�
<br /> c ._ .. `
<br /> 36. Intentionally omitted. ' • ,:�°
<br /> 37. Non-Wsiver. The failure of Beneficiary w insist upon strict � '
<br /> performance of any term hereof s3��ll not be deemed to be a waiver of any term of this Deed �� • .��'-
<br /> of Tnist. Tn�sWr shall not be rali�ved of Trustor's obligations hereund�er by reason of � '���
<br /> ��:�-
<br /> , �.:r-,.: ,, �._.
<br /> � (a)the failure of Beneficiary to comply with any request of Trustor to take any action w � -�` ' .::.��;,.� 'r,
<br /> - foreclose this Deed of Tnist ar otherwise enforce any of the provisions hereof or of the ` -. � � " �. `,;�
<br /> .:...j Note, or any of the oth�r Laan I2ss�uv�e�s, (b)except in connection with the full repaymeni � � �,�'*^`-
<br /> �:,,_�...
<br /> (or camplete defeasance)of the 3�ebt, the release, regardless of consideration, of the whole . �`'''�-�°� _=�'
<br /> ' • •�.�;,,_�:�
<br /> -,.� or any part of the Trust Property, or of any person liable for the Debt or any portion thereof, k.•��. � ",' -��:�:�'a`-
<br /> , or(c) any agreement or stipulation by Hensficiary extending the time of payment or ��. , ' '��� :-
<br /> ' otherwise modifying or supplementing the terms of the Note, this Deed of Trust or any of - '��'.� �
<br /> ' the other Loan Dacuments. Beneficiary may resort for the paymenc of the Debt w any oiher �
<br /> . security held by Beneficiary in sach order and nnanner as Beueficiary, in its sole discretion, �`�t�:,� �° ,�;- : �
<br /> � may elect. Beneficiary may take action to recover the Debt,or any portion thereof, or to � � � � ='�
<br /> "::��:,...
<br /> enforce any covenant hereof without prejud3ca to the right of Tms�thereafter to foreclose t��,� �''
<br /> �J:
<br /> : this Deed of Tn�st. The rights and remedies of Beneficiary or Tnutee, as the case may be, ::; �
<br /> under this D�ed of Tnist shall be separate� distinct and cumulative and none shall be giv�en ;�.-�• `�
<br /> � effect w the exclusion of the others. No act of�eneficiary or Trnstee, as the case may bs� � _���n;' �• ��t3�
<br /> - shall be construed as an election to proceed under any one provision herein to the exclusian t � •� .
<br /> - of any other pmvision. Beneficiary shall noi be limited exclusively W the rights and �''� �
<br /> :
<br /> ; remedies herein state�but shall be entitled to every right and remedy now or hereafter ` �"`��-�_:`
<br /> afforded at law or in � _��' ' - ;-� , ;
<br /> � �ry• �,, _
<br /> ,,_ .:
<br /> : `.�'`?��
<br /> _ 38. No Oral C6an�e. Tlnis Deed of Trust, and any provisxons hereof, may , ,,�.�' . � :. �;
<br /> , not be ffi�dified, amended, aaived, eatended,changed,discharged or terminated orally or by �..-„._�,�_'_�.
<br /> any act or faiture to act on the ga�s of Tiustor, Tnistee or Beneficiary, but only by an � � � �
<br /> agreement in writing signed by the party aga�nst whom enforcemeni of any modification, �''
<br /> ti ...�..�--
<br /> amendment, waiver,exteasion, cbange, discharge or termination is so�aght. � �;�°'.��-
<br /> :�'�"' — .
<br /> �. y a r—_
<br />, � 39. Li bili . If TrusWr consists of mare than one person, the obligations ����°--���:
<br /> _ and liabilities of each such person hereunder shall be joint and several. Subject to the �'`�'�''�•• , . '�
<br /> rovisions hereof Benefici ' . :.��-��_
<br /> P �I�� �Y s cozasent to any uansfer of the Trust Property, thn� .�.�.:.. _ �- .
<br /> D e e d o f T r u s t s h a U be bin d i ng upon a n d inure to t he b ene fit o f Trustor an d B ene ficiary a n d � , � " �
<br /> .� .':.:f=�:���j,:
<br /> !� their respettive successors and a�.signs forever. . . -_��
<br /> 40. Inapp�icable Provisamzas. If any tern�, cove�ant or condition of the . � � . - .� �=
<br /> Note or this Deed of Tn�st is held w be invalid, illegal or unenforceable in any respect, the : � • � �
<br /> Note and this Deed of Tnist s�➢1 be consuued witho�at s�ch provision. ' � ' � , .
<br /> 41. Headia�gs._E4c. 'The headings and captions of various paragraphs of �� .� •. � �. � __._
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