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EXHIBIT 2
<br /> (1) That any award of damages in connection with any condemnation for public use
<br /> of or injury to said property or any part thereof is hereby assigned and shall be paid to Beneficiary who may
<br /> apply or release such monies received by him in the same manner and with the same effect as above
<br /> provided for disposition of proceeds of fire or other insurance.
<br /> (2) That by accepting payment of any sum secured hereby after its due date,
<br /> Beneficiary does not waive his right either to require prompt payment when due of all other sums so secured
<br /> or to declare default for failure so to pay.
<br /> (3) That at any time or from time to time,without liability therefor and without notice,
<br /> upon written request of Beneficiary and presentation of this Deed and said note for endorsement, and
<br /> without 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;join in 71
<br /> granting any easement thereon;or join in any extension agreement or any agreement subordinating the lien
<br /> or charge hereof.
<br /> (4) That upon written request of Beneficiary stating that all sums secured hereby have
<br /> been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention or other
<br /> disposition as Trustee in its sole discretion may choose and upon payment of its fees,Trustee shall reconvey,
<br /> without warranty, the property then held hereunder. The recitals in such reconveyance or any matters or
<br /> facts shall be conclusive proof of the truthfulness thereof. The Grantee in such reconveyance may be P
<br /> described as"the person or persons legally entitled thereto."
<br /> (5) That as additional security, Trustor hereby gives to and confers upon Beneficiary
<br /> the right,power and authority,during the continuance of these Trusts,to collect the rents,issues and profits
<br /> of said 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 and retain such rents,
<br /> issues and profits as they become due and payable. Upon any such default, Beneficiary may at any time
<br /> without notice,either in person, by agent,or by a receiver to be appointed by a court,and without regard to
<br /> the adequacy of any security for the indebtedness hereby secured, enter upon and take possession of said E
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<br /> property or any part thereof, in his own name sue for or otherwise collect such rents, issues, and profits, F
<br /> including those past due and unpaid,and apply the same,less costs and expenses of operation and collection,
<br /> including reasonable attorney's fees, upon any indebtedness secured hereby, and in such order as
<br /> Beneficiary may determine. The entering upon and taking possession of said property, the collection of
<br /> such rents,issues and profits and the application thereof as aforesaid, shall not cure or waive any default or
<br /> notice of default hereunder or invalidate any act done pursuant to such notice.
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<br /> (6) That upon default Trustor in payment of any indebtedness secured hereby or in
<br /> performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately
<br /> due and 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 to be
<br /> filed for record. Beneficiary also shall deposit with Trustee this Deed, said note and all documents
<br /> 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 on
<br /> Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or
<br /> in separate parcels, and in such order as it may determine, at public auction to the highest bidder for cash
<br /> in lawful money of the United States, payable at time of sale. Trustee may postpone sale of all or any
<br /> portion of said property by public announcement at such time and place of sale, and from time to time
<br /> thereafter may postpone such sale by public announcement at the time fixed by the preceding postponement.
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