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At any foreclosure sale, any person, including Trustor, Trustee or Beneficiary, may bid for and -- <br /> acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash <br /> for such property, Beneficiary may settle for the purchase price by crediting the sales price of the property <br /> against the following obligations: <br /> a. First, the portion of the Secured Obligations attributable to the expenses of sale, <br /> costs of any action and any other sums for which Trustor is obligated to pay or reimburse Beneficiary or <br /> Trustee under Section 7.12(c); and <br /> b. Second, the remaining balance of all other Secured Obligations in any order and <br /> proportions as Beneficiary in its sole discretion may choose. <br /> 8.4 Trustor's Right to Reinstate. Notwithstanding Beneficiary's acceleration of the sums <br /> secured by this Deed of Trust, Trustor shall have the right to have any proceedings begun by Beneficiary to <br /> enforce this Deed of Trust discontinued at any time prior to five days before sale of the Property pursuant to <br /> the power of sale contained in this Deed of Trust or at any time prior to entry of a judgment enforcing this <br /> Deed of Trust if: (a) Trustor pays Beneficiary all sums which would be then due under the Loan Documents <br /> if the Secured Obligations had no acceleration provision; (b)Trustor cures all breaches of any other <br /> covenants or agreements of Trustor contained in this Deed of Trust; (c) Trustor pays all reasonable <br /> expenses incurred by Beneficiary and Trustee in enforcing the covenants and agreements of Trustor <br /> contained in this Deed of Trust, and in enforcing Beneficiary's and Trustee's remedies as provided herein, <br /> including, but not limited to, reasonable attorney's fees; and (d) Trustor takes such action as Beneficiary <br /> may reasonably require to assure that the lien of this Deed of Trust, Beneficiary's interest in the Property <br /> and Trustor's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon <br /> such payment and cure by Trustor, this Deed of Trust and the obligations secured hereby shall remain in <br /> full force and effect as if no acceleration had occurred. <br /> 9. Trustor's Waivers. To the fullest extent permitted by law, Trustor waives: (a) all statutes of <br /> limitations as a defense to any action or proceeding brought against Trustor by Beneficiary; (b) the benefit <br /> of all laws now existing or which may hereafter be enacted providing for any appraisement, valuation, stay, <br /> extension, redemption or moratorium; (c) all rights of marshalling in the event of foreclosure; and (d) all <br /> presentments, demands for performance, notices of nonperformance, protests, notices of protest, notices <br /> of dishonor, notices of acceptance of this Deed of Trust and of the existence, creation, or incurring of new <br /> or additional indebtedness, and demands and notices of every kind. <br /> 10. Miscellaneous Provisions. <br /> 10.1 Additional Provisions. The Loan Documents grant further rights to Beneficiary and contain <br /> further agreements and affirmative and negative covenants by Trustor which apply to this Deed of Trust <br /> and the Property. <br /> 10.2 Notices. Trustor requests that a copy of notice of default and notice of sale be mailed to <br /> Trustor at the address set forth below. That address is also the mailing address of Trustor as debtor under <br /> the UCC. Beneficiary's address set forth below is the address for Beneficiary as secured party under the <br /> UCC. Except for any notice required under applicable law to be given in another manner, all notices to be <br /> sent pursuant to this Deed of Trust shall be made in writing, and sent to the parties at their respective <br /> addresses specified below or to such other address as a party may designate by written notice delivered to <br /> 2002455.2 16 <br />