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Trustee named herein or acting hereunder, which instrument, executed by the <br />Beneficiary and duly acknowledged and recorded in the office of the recorder of the <br />county or counties where said property is situated shall be conclusive proof of proper <br />substitution of such successor Trustee or Trustees, who shall, without conveyance from <br />the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. Said <br />instrument must contain the name of the original Trustor, Trustee and Beneficiary <br />hereunder, the book and page where this Deed is recorded and the name and address of <br />the new Trustee. <br />8) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their <br />heirs, legatees, devisees, administrators, executors, successors and assigns. The term <br />Beneficiary shall mean the owner and holder, including pledgees, of the note secured <br />hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context <br />so requires the masculine gender includes the feminine and /or neuter, and the singular <br />number includes the plural. <br />9) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is <br />made a public record as provided by law. Trustee is not obligated to notify any party <br />hereto of pending sale under any other Deed of Trust or of any action or proceeding in <br />which Trustor, Beneficiary or Trustee shall be a parry unless brought by Trustee. <br />10. Borrower requests that copies of the notice of default and notice of sale be sent to <br />Borrower's address as shown above. <br />Lender requests that copies of notices of foreclosure from the holder of any lien which <br />has priority over this Deed of Trust be sent to Lender's address, as set forth on page one <br />of this Deed of Trust, as provided by Section 2924(b) of the California Civil Code. <br />If the Trustor /Grantor shall sell, convey or alienate said property, or any part thereof, or any interest <br />therein, or shall be divested of his title or any interest therein in any manner or way, whether voluntarily <br />or involuntarily, without the written consent of the Beneficiary being first had and obtained, Beneficiary <br />shall have the right, at its option, except as prohibited by law, to declare any indebtedness or obligations <br />secured hereby, irrespective of the maturity date specified in any Note evidencing the same, immediately <br />due and payable. <br />Kainos Home & Training Center <br />By: Andrew Frisch, Director <br />(Continued on Page 2) <br />1193(1/94) <br />Page 1 of 3 <br />