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release such moneys received by him in the same manner and with the same effect as above
<br />provided for disposition of proceeds of fire and Other insurance.
<br />(7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not
<br />waive the right either to require prompt payment when due of all other sums so secured or to
<br />declare default for failure so to pay.
<br />(8) That any time, or from time to time, without liability therefore and without notice, upon written
<br />request of Beneficiary and presentation of this Deed and said note for endorsement, and without
<br />affecting the personal liability of any person for payment of the indebtedness secured hereby,
<br />Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof;
<br />join in granting any easement thereon; or join in any extension agreement or any agreement
<br />subordinating the lien or charge hereof.
<br />(9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and
<br />upon surrender of this Deed and said note of Trustee for cancellation and retention and upon
<br />payment of its fees, Trustee shall reconvey, without warranty, the property then held hereunder.
<br />The recitals such reconveyance of any matters or facts shall be conclusive proof of a truthfulness
<br />thereof. The grantee in such reconveyance may be described as "the person or persons legally
<br />entitled thereto." Five years after issuance of such full reconveyance, Trustee may destroy said
<br />note and this Deed (unless directed in such request to retain them).
<br />(10) That as additional security. Trustor hereby gives to and confers upon Beneficiary the right, power
<br />and authority during the continuance of these Trusts, to collect the rents, issues and profits of said
<br />Property, reserving unto Trustor the right, prior to any default by Trustor in payment of any
<br />indebtedness secured hereby or in performance of any agreement hereunder, to collect or retain
<br />such rents, issues and profits as they become due and payable. Upon any such default,
<br />Beneficiary may at any time without notice, either in person, by agent or by a receiver to be
<br />appointed by a court, and without regard to the adequacy of any security for the indebtedness
<br />hereby secured, enter upon and take possession of said property or any part thereof, in his own
<br />name sue for or otherwise collect such rents, issues and profits, including those past due and
<br />unpaid, and apply the same, less costs and expenses of operation and collection, including
<br />reasonable attorney's fees, upon an indebtedness secured hereby, and in such order as
<br />Beneficiary may determine. The entering upon and taking possession of said property, the
<br />collection of such rents; issues and profits and the application thereof as aforesaid, shall not cure
<br />or waive any default or notice of default hereunder or invalidate any act done pursuant to such
<br />notice.
<br />(11) That upon default. by Trustor in payment of indebtedness secured hereby or in performance of any
<br />agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and
<br />payable by delivery to Trustee of written declaration of default and demand for sale and of written
<br />notice of default and of election to cause to be sold said property, which notice Trustee shall cause
<br />to be filed for record. Beneficiary also shall deposit with Trustee this Deed, said note and all
<br />documents evidencing expenditures secured hereby.
<br />After the lapse of such time as may then be required by law following the recordation of said notice
<br />of default, and notice of sale having been given as then required by law, Trustee, without demand
<br />on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a
<br />whole or in separate parcels, and in such order as it may determine, at public auction to the highest
<br />bidder for cash in lawful money of the United States, payable at time of sale. Trustee may
<br />postpone sale of all or any portion of said property by public announcement at such time and place
<br />of sale, and from time to time thereafter may postpone such sale by public announcement at the
<br />time fixed by the preceding postponement. Trustee shall deliver to such purchaser its deed
<br />conveying the property so sold, but without any covenant or warranty, express or implied. The
<br />recitals in such deed or any matters or facts shall be conclusive proof of the truthfulness thereof.
<br />F-2
<br />SF #4821-4436-6284 v2
<br />1619\01\3064651.1
<br />REV: 05-19-2021 SK
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