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HomeMy WebLinkAbout28W Li successors and assigns. Grantor shall not, without the prior written cortsnit of Beneficiary, assign any rights, duties or obligations hereunder. Section g.S No Waim C• Any f"ure by Trustee or Beneficiary to insist upon strict performance of any of the terms, provisions or conditions of the Loan Documents shall net be deemed w be a waiver of same. and cif of such ciary termt, steal{ have the right at any time to insist upon strict perfornan provisions and conditions. Section g.6 5uhroZ11iRn. To the extent proceeds of f the Note have ged been used to extinguish, extend or renew any indebtedness against liens and interests Property, then Brneficrary shall be subro eel to all the the of such indebtedness existing against The Mortgaged Property and held by and such former rights, bens and interests, if any, are not waived, but are continued in full force and effect in favor of Beneficiary. Section 8.7 r as Avreett it. If any conflict or inconsistency exists between this Deed of Trust and the Loan Agreement, the Loan Agreement shall govern. Section 9.8 Rels " or U0nYZ 1W- Upon payment in full of the Indebtedness and performance in full of the Obligations,ated by Benefi �eedlly, at f Gran' Trust or ex}xuse, sliest! release d fteRS 816asecurity interests o Gratttor. of reconvey the Mortg:g " Section 8.9 A giver of fi Moraty do s and t it will of atta Grantor agrees, w the full extent that it may lawfiilly do so, that it will not at any time insist upon or plead or in any way take advantage of Any appraisement, valuation, stay, marshaling of assets, extension, redemption or moratorium law now or hereafter in force and effect so to to prevent or hinder the enforcement Of untor is Deed of Trust Of the indebtedness secured hereby, or any agreement between 0 and Beneficiary or any rights or remedies of Beneficiary. Section 8.I0 Limitation aLLitskilllllC• Grantor's liability hereunder is subject to the limitation on liability }novtairms of Article 12 of the loan Agrsesnant. Section 8.11 Qh11( •LlY0a.4f.�rLdt4f++�nint and �v ra if more than one person or entity has executed this Deed of Trust as 'Grantor," the obligations of all such persons or entities hereunder shall be joint and several. Section 8.12 Gev nitre l aw. This Deed of Trust shall be governed by the laws of the State of Washington. L,