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. . . , ' � � . . . , .. �.- <br />. ' . , ' � � - ` � � � ... " '. �L � y t- , ,�.. <br /> � - . . . � � ---'-- ... <br /> � ' ' � • - � ' • - - --------- -' -:�-. ...-.- - <br /> . . � . , . � " ' _ ' , . - ' , . . , ^. . � , '"s . <br /> - � � ` �. . . � - • . . , . , • , . r . '� . . � : . . , j' <br /> . . . . . , , � � , .. . � .. � . �. . _ .. . . . , ' . � ' . � .t - � .. ., t�._. <br /> �.' � � . , . ,(�' ��. <br /> . 4� . . ` � .��. <br /> 9 i a iV�W� � ' . ' � : , .� <br /> � <br /> in this paragraph. Without limiting the generality of the foregoing, the filing of formal . ' ,: <br /> charges or the commencemeat of praceedings against Trustor ar all or any part of the Trust ` , t_4_ <br /> Propesty under any federal or state law for which forfeiture of the Tn�st Progerty or any part • . �.="_ <br /> thereof or of any monies paid in gerformance of Tn�swr's obligations under the Loan �. . � "� �"� <br /> Documents is a poteatial result. shall, at the election of Beneficiary, constitute an Event of - • � _. � <br /> R�. <br /> � Default hereunder without nouce or opportunity to aue. l . , � <br /> � , <br /> i . ' � �..�,.:,:��. ,� <br /> 48. Defeasance. Provided na Event of lDefault exists, this Dad of Tn�st , <br /> will be satisfied and discharged of record by B�neficiary or Tivscee, as the case may 6e, . �.� ... :-.���': <br /> �.�� prior w the Maturity Date only in accordance with the terms and provisions set forth in �`"'�-'"-�- <br /> .: `:.r,.. _ .. .� <br /> � Section Z.3 or 2.4 of the I.oaa Agreement and upon satisfaction by Trustar of all the terms . �.�� - � _,_ <br /> � ;i. . �_- .. <br /> f and conditions cantained therein. . � <br /> ��k� <br /> a � �y� � <br /> . • .'.; . i:i�: <br /> 49. No El�ction of Itemedies. (a) Without limiting aay other right or � . ; _ �� <br /> � remedy provided to Beneficiary in this Deed of Traas2 or the other Loan I��comeuts, in the - .. :;,� :,;..�"�it:._�_ <br /> �`'�;��';���-: . <br /> r=;. case of an Event of Default(i)Beneficiary shall have the rig�t�o pursue all of its rights and : �;,�� <br /> .;. remedies under this Deed of Tnist an�the Loan Docaiments, �+t iaw antl/or in equity, an one f ��� �° ,:� <br /> roceedin or se aratel and inde enaentl vn s arate roceedings from time W time,as ` , .'�����'�i, �.. <br /> .... P g� P Y P Y� � P .�._ .�: _ �i .:, � <br /> ��.;', Beneficiary, in its sole and absotute discretion, s}aaIll determine from time to time, (u7 ; ,.� <br /> � ` Beneficiary sh�l not be required w either marshall assets, s�P��e Trust Property i�any , <br /> �` particular oraP��f alienation(and�y sell the same simulta��:sly and tagether�L �,;�; _ ; � � `�� � <br /> � „ . � �. <br />. � separately), e;� Ta�subject to any "one action" or "election of�edies" law or n�e�h "��_��_���� ' •;'` .�-`� <br /> � re,-�Ct w th��'rust Property, (iii)the exercise by Beneficiary or Trustee, as the e,�sQ may ' '� -- _ _',j �'�-_ <br /> be, of any reffiedies against any one item of Trust Property will not impede Beneficiary from ��`�+�+•� � <br /> ���� subsequently or simultaneously exercising remedies against any other item of Tn�st Froperty, ..�.,� `�E <br /> (iv)all liens and other rights, remedies or privileges provided W Beneficiary herein shall . ;�,., � <br /> remain in full force and effect until Beneficiary has eahausted all of its rem�clies against the ° " "� _: - <br /> ;:• ,�,._ �' .}2� <br /> Trust Property and aU Trust Progerry has been�oreclased, sold and/or otherwise reali�ecl � ��� �`� � <br /> upon in satisfaction of the Deb� and (v)Beneficiary may resort for the paymern of the Debt ��� .�"�'` <br /> �„,��,... <br /> to an securi held by Beneficiary in such order and manner as Beneficiary, in its � "` �"°�^ <br /> Y ty �� �---- <br />_ _ discretion, may el�t and Be�eficiary nn?�y t1c�action to recover the Debt, or any gortion �� -�-f`'�*��__— <br /> � thereof, or to enforce any covenant hereof wit�out prejudice to the right of Beneficiary ' �'�,, <br /> themafter w foreclose this Deed of Tn�st. - - <br /> �L — _ <br /> _i:__ <br /> (b) Without notice tn or consent of Trustor and without i�gair�ent .. •�{ '� � _ <br /> y.{��___._ <br /> "-3 of Ehe lien an8 rights created by this Deed of Trust, Heneficiary may, at any time('�its sole ,�;�._-�,� <br /> and absohne discretion, but Beneficiary shall have n�obligation w),execuie and deliver w '��°��� <br /> Tniswr a written instcument releasing an+d reconveying aU as a portion of the lien Q�this "�':�"''-. - <br /> y: �..; . . <br /> Deed of Tmsi as security for any or all of the obligations o�'g'n�stor now e�cisti�a� �,�''"��""���'.� — <br /> hereafter aris.�;under or in respect of the Note,the Loan Agree�►ent and each of she other � � �"`y�=:� -� ` <br /> � r. �.Y.. <br /> Y�a�Docaments, whereupon follo�ving the exe�ution a�d delivery by Beneficiary or Tn�stee, ���t����;� �: . , <br /> at the direr,tion of Beneficiary, to Tn�stor of any such wnitte�ins�vment of release, this : . .� . ___ <br /> Deed of Tnis't shall no longer secure such obligations of Tmswr so released. : . .:,=�..�_ <br /> 50. Excnlpation. Notwithstanding anything herein to the contrary, � . <br /> Beneficiary sliall not enforce the liability and obligations contained in the Note,tfie Loan • � . ��=� <br /> � Agreement, this I?eed of Trust or the other Loan Documents except as provided on Schedule � : . � <br /> � <br /> iooisrr9.o6 31 : �: <br /> � :. <br /> 1 . ._. <br /> � ... ___ .. ._ . . .__. ___ __T__ .._ , . _ __ . _ . . . _ <br /> _T� . . . . . . . �. <br /> . . . . : . : . . .. : ; : . �. <br /> , . . . . . . .. . . . � <br /> . ___ .. __ �-_.-:_____ ____ . .. ____.__ _____.. . <br /> . . . . . . :_�_ <br /> . . � . . . . . � . �..- <br /> . . . � . .. . . �:..: . <br /> . ____. _. �..� ^i_ __..--r�' <br /> . _ � .. - . .�.�� �. . . .•i'. . t. . . . • � . .. . <br /> _ . . " . � . , . • f_ . .. . t . . . • ' - � . . � � . .1•; ' _ <br /> � . . . � /� ' • .. . . _ . � ' •, '.. . ''-t` / . <br /> � • . � . . . ... ._. . ' .. . . . . . - ' -.. • _ • , - i. . � � . _ � . _ • f� . ... ' .. ...�. 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