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interest of three years or less not containing an option to purchase,beneficiary may,at beneficiary's option, The foregoing instrument was acknowledged before me this_day of 2023, by <br /> declare all the sums secured by this Deed of Trust to be immediately due and payable Beneficiary shall have <br /> waived such option to accelerate if,prior to the sale or transfer,beneficiary and the person to whom the <br /> property is to be sold or transferred reach agreement in writing that the credit of such person is satisfactory Witness my hand and seal. <br /> to beneficiary and that the interest payable on the sums secured by this Deed of Trust shall be at such rate as <br /> beneficiary shall request <br /> Notary Public <br /> IN CASE OF ANY DEFAULT whereby the tight of foreclosure occurs hereunder,the holder of the My commission expires- <br /> note or certificate of purchase shall at once become entitled to the possession,use and enjoyment of the <br /> property aforesaid,and to the rents,issues and profits thereof,from the accruing of such right and during the <br /> pendency of foreclosure proceedings and the period of redemption,if any Such possession shall at once be <br /> delivered to the holder of the note or certificate of purchase on request.Upon refusal,delivery of such <br /> possession maybe enforced by the holder of the note or certificate of purchase by any appropriate civil suit <br /> or proceeding The holder of the note or certificate of purchase shall be entitled to a Receiver for the property, <br /> and of the rents,issues and profits thereof,after such default,including the time covered by foreclosure <br /> proceedings and the period of redemption,if any,and shall be entitled thereto as a matter of right without <br /> regard to the solvency or insolvency of the Grantor or of the then owner of the property and without regard <br /> to the value thereof.Such Receiver may be appointed by any court of competent jurisdiction upon ex parte <br /> application and without notice—notice being hereby expressly waived and all rents,issues and profits, <br /> income and revenue therefrom shall be applied by such Receiver to the payment of the indebtedness hereby <br /> secured,according to the law and the orders and directions of the court. <br /> IN THE CASE OF ANY DEFAULT in any of the payments of principal or interest,according to the <br /> tenor and effect of the promissory note or any part thereof,or of a breach or violation of any of the covenants <br /> or agreements herein by the Grantor,the whole of the principal sum hereby secured and the interest thereon <br /> to the time of the sale may at once,at the option of the legal holder thereof,become due and payable,and the <br /> property be sold in the manner and with the same effect as if the indebtedness had matured If foreclosure is <br /> made by the Public Trustee,attorney's fees in the sum of$1,500 for services in the supervision of the <br /> foreclosure proceedings shall be allowed by the Public Trustee as a part of the cost of foreclosure;and if <br /> foreclosure is made through the courts,a reasonable attorney's fee shall be taxed by the court as a part of the <br /> cost of such foreclosure proceedings <br /> IT IS FURTHER UNDERSTOOD AND AGREED that if a release of this deed of trust is required, <br /> the Grantor will pay the expense thereof,all of the covenants and agreements herein contained shall extend <br /> to and be binding upon the heirs,personal representatives,successors and assigns of the respective parties <br /> hereto,and that the singular number shall include the plural and the plural the singular. <br /> Executed on <br /> Attest: <br /> (SEAL) <br /> State of <br /> County of <br /> Exhibit 1 Exhibit 1 <br /> Page 61 of 73 Page 62 of 73 <br />