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2. Late Payment. By accepting payment of any sum secured hereby after its due date, Beneficiary
<br />does not waive its right either to require prompt payment when due of all other sums so secured or to declare default
<br />for failure so to pay.
<br />3. Release and Subordination. At any time or from time to time, without liability therefore and without
<br />notice, upon written request of Beneficiary and presentation of this Deed of Trust and Note for endorsement, and
<br />without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may
<br />reconvey all or any part of said property; consent to the making of any map or plat thereof; join in granting any
<br />easement thereon; or join in any extension agreement or any agreement subordinating the lien or charge hereof.
<br />4. Reconveyance. Upon written request of Beneficiary stating that all sums secured hereby have
<br />been paid, upon surrender of this Deed of Trust and the Note to Trustee for cancellation, and upon payment of its
<br />fees, Trustee shall reconvey, without warranty, the Property. The recitals in any reconveyance executed under this
<br />Deed of Trust of any matters or facts shall be conclusive proof of the truthfulness thereof.
<br />5. Rents, Issues, and Profits. As additional security, Trustor hereby gives to and confers upon
<br />Beneficiary the right, power, and authority, during the continuance of these Trusts, to collect the rents, issues, and
<br />profits of the Property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness
<br />secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues, and profits
<br />as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in
<br />person, by agent, or be a receiver to be appointed by a court, and without regard to the adequacy of any security for
<br />the indebtedness hereby secured, enter upon and take possession of said property or any part thereof, in its own
<br />name sue for or otherwise collect such rents, issues, and profits, including those past due and unpaid, and apply the
<br />same, less costs and expenses of operation and collection, including reasonable attorneys' fees, upon any
<br />indebtedness secured hereby, and in such order as Beneficiary may determine. The entering upon and taking
<br />possession of said property, the collection of such rents, issues, and profits, and the application thereof as aforesaid,
<br />shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
<br />6. Notice. Except for any notice required under applicable law to be given in another manner, (a) any
<br />notice to Trustor provided for in this Deed of Trust shall be given by delivering it or by mailings �� h no 'ce b ertified
<br />mail return receipt requested addressed to Trustor at !�/dOSz`�,�.%.l� i/ ��.3P��i "sad or at such
<br />other address as Trustor may designate by notice to Beneficiary as provided herein, and (b) any notice to Beneficiary
<br />shall be given by certified mail return receipt requested to Beneficiary's address stated herein or to such other
<br />address as Beneficiary may designate by notice to Trustor as provided herein. Any notice provided for in this Deed
<br />.of Trust shall be deemed to have been given to Trustor or Beneficiary when given in the manner designated herein
<br />two days after deposit into the United States Mail, or on the date when personally served on the Trustors or
<br />Beneficiary.
<br />7. Due On Sale without the consent of Beneficiary. If the Property, any part of it, or interest in it is
<br />sold, or if Trustor agrees to sell, convey, or alienate said property, by operation of law or otherwise in violation of the
<br />transfer provisions of the Disposition and Development Agreement or this Deed of Trust, all obligations secured by
<br />this instrument, irrespective of the maturity dates expressed therein, at the option of the holder thereof and without
<br />demand shall immediately become due and payable.
<br />8. Powers of Sale. Upon default by Trustor in payment of any indebtedness secured hereby or in
<br />performance of any agreement hereunder, after the expiration of applicable notice and cure periods, all sums
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