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271 Such receiver may be appointed by any Court of competent jurisdiction upon ex parte application and <br /> 272 without notice; notice being hereby expressly waived. <br /> 273 Upon Acceleration under paragraph 18 (Acceleration; Foreclosure; Other Remedies)or <br /> 274 abandonment of the Property, Lender, in person, by agent or by judicially-appointed receiver, shall be <br /> 275 entitled to enter upon, take possession of and manage the Property and to collect the rents of the <br /> 276 Property including those past due. All rents collected by Lender or the receiver shall be applied, first to <br /> 277 payment of the costs of preservation and management of the Property, second to payments due upon <br /> 278 prior liens, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable <br /> 279 to account only for those rents actually received. <br /> 280 21. Release. Upon payment of all sums secured by this Deed of Trust, Lender shalt <br /> 281 cause Trustee to release this Deed of Trust and shall produce for Trustee the Note. Borrower shall <br /> 282 pay all costs of recording recordation and shall pay the statutory Trustee's fees. If Lender shall not <br /> 283 produce the Note as aforesaid,then Lender, upon notice in accordance with paragraph 16 (Notice) <br /> 284 from Borrower to Lender, shall obtain, at Lender's expense, and file any lost instrument bond required <br /> 285 by Trustee or pay the cost thereof to effect the release of this Deed of Trust. <br /> 286 22. Waiver of Exemptions. Borrower hereby waives all right of homestead and any <br /> 287 other exemption in the Property under state or federal law presently existing or hereafter enacted. <br /> 288 <br /> 289t to ' <br /> 290 „ <br /> e timder <br /> 291equal to of the,3 Y­ly <br /> 292 - <br /> 293 <br /> 294 <br /> 295 any exeess Fttmds not used_ff shortages. ust for the <br /> 296 <br /> 297 bemefit of Borrower and deposited km am institution,the deposits ei seeounts of Whieh or <br /> 298 ' <br /> 299 <br /> 300 said oeeatint and eangpilimg said assessments amd bills. bemde. -1.81 <br /> 301 <br /> 302 <br /> MRS <br /> 303 <br /> 304 • <br /> 305 <br /> 306 and premdurns as-to-ey fell due, Borrower she'!pay to 1=1 umt meeesset" <br /> dom <br /> 307 <br /> 308 <br /> 309 <br /> stieh <br /> 310 <br /> 311 app+ieeble-lades- <br /> 312 <br /> 313 <br /> 314 ether Remedies)the Propertrmis seld or the Property*9 et'teimise sequired by bendei, bemder she* <br /> 315 apply, mo later them ffirnrnediately prior to tit"gle ef the preperty or its M-4-t-iisition by I=emde , ol i-I—ver <br /> 316 <br /> 317 <br /> 318 24. Transfer of the Property; Assumption. The following events shall be referred to <br /> 319 herein as a "Transfer": (1)a transfer or conveyance of title (or any portion thereof, legal or equitable)of <br /> 320 the Property(or any part thereof or interest therein), (ii)the execution of a contract or agreement <br /> 321 creating a right to title (or any portion thereof, legal or equitable)in the Property(or any part thereof or <br /> 322 interest therein), (iii)or an agreement granting a possessory right in the Property(or any portion <br /> 323 thereof), in excess of 3 years, (iv)a sale or transfer of, or the execution of a contract or agreement <br /> 324 creating a right to acquire or receive, more than fifty percent(50%)of the controlling interest or more <br /> 325 than fifty percent(50%)of the beneficial interest in Borrower, (v)the reorganization, liquidation or <br /> 326 dissolution of Borrower. Not to be included as a Transfer are(1)the creation of a lien or encumbrance <br /> 327 subordinate to this Deed of Trust, (ii)the creation of a purchase money security interest for household <br /> Page 6 of 7 <br />