PAID IN FULL; PROVIDED, HOWEVER, THAT NOTHING
CONTAINED IN THIS SECTION SHALL LIMIT THE OBLIGATIONS OF GRANTOR AS OTHERWISE
SET FORTH HEREIN.
12.4
RECORDING AND FILING. GRANTOR WILL CAUSE THE LOAN DOCUMENTS
REQUESTED BY BENEFICIARY AND ALL AMENDMENTS AND SUPPLEMENTS THERETO AND
SUBSTITUTIONS THEREFOR TO BE RECORDED, FILED, RE-RECORDED, AND REFILED IN SUCH
MANNER AND IN SUCH PLACES AS TRUSTEE OR BENEFICIARY SHALL REASONABLY REQUEST,
AND WILL PAY ALL SUCH RECORDING, FILING, RE-RECORDING AND REFILING TAXES,
DOCUMENTARY STAMP TAXES, FEES, AND OTHER CHARGES.
12.5
NOTICES. ALL NOTICES AND OTHER COMMUNICATIONS PROVIDED FOR IN THIS
DEED OF TRUST OR CONTEMPLATED HEREBY, GIVEN HEREUNDER OR REQUIRED BY LAW TO BE
GIVEN, SHALL BE IN WRITING (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY). IF
PERSONALLY DELIVERED, SUCH NOTICES SHALL BE EFFECTIVE WHEN DELIVERED, AND IN THE
CASE OF MAILING OR DELIVERY BY OVERNIGHT COURIER, SUCH NOTICES SHALL BE
EFFECTIVE WHEN PLACED IN AN ENVELOPE AND DEPOSITED AT A POST OFFICE OR OFFICIAL
DEPOSITORY UNDER THE EXCLUSIVE CARE AND CUSTODY OF THE UNITED STATES POSTAL
SERVICE OR DELIVERED TO AN OVERNIGHT COURIER, POSTAGE PREPAID, IN EACH CASE
ADDRESSED TO THE PARTIES AS SET FORTH IN THIS DEED OF TRUST, OR TO SUCH OTHER
ADDRESS AS A PARTY SHALL HAVE DESIGNATED TO THE OTHER IN WRITING IN ACCORDANCE
WITH THIS SECTION. IN THE CASE OF MAILING, THE MAILING SHALL BE BY CERTIFIED OR
FIRST CLASS MAIL. THE GIVING OF AT LEAST FIVE (5) DAYS' NOTICE BEFORE
BENEFICIARY SHALL TAKE ANY ACTION DESCRIBED IN ANY NOTICE SHALL CONCLUSIVELY BE
DEEMED REASONABLE FOR ALL PURPOSES; PROVIDED, THAT THIS SHALL NOT BE DEEMED TO
REQUIRE BENEFICIARY TO GIVE SUCH FIVE (5) DAYS' NOTICE, OR ANY NOTICE, IF NOT
SPECIFICALLY REQUIRED TO DO SO IN THIS DEED OF TRUST. FOR PURPOSES OF THIS
SECTION, THE ADDRESS OF GRANTOR AND THE BENEFICIARY SHALL BE THAT ADDRESS SET
FORTH ON PAGE 1 HEREOF.
12.6
COVENANTS RUNNING WITH THE LAND. ALL OBLIGATIONS CONTAINED IN THIS
DEED OF TRUST AND THE OTHER LOAN DOCUMENTS ARE INTENDED BY GRANTOR, BENEFICIARY,
AND TRUSTEE TO BE, AND SHALL BE CONSTRUED AS, COVENANTS RUNNING WITH THE
MORTGAGED PROPERTY UNTIL THE LIEN OF THIS DEED OF TRUST HAS BEEN FULLY RELEASED
BY BENEFICIARY.
12.7
SUCCESSORS AND ASSIGNS. ALL OF THE TERMS OF THE LOAN DOCUMENTS
SHALL APPLY TO, BE BINDING UPON, AND INURE TO THE BENEFIT OF THE PARTIES
THERETO, THEIR SUCCESSORS, ASSIGNS, HEIRS, AND LEGAL REPRESENTATIVES, AND ALL
OTHER PERSONS CLAIMING BY, THROUGH, OR UNDER THEM.
12.8
NO WAIVER; SEVERABILITY. ANY FAILURE BY TRUSTEE OR BENEFICIARY TO
INSIST, OR ANY ELECTION BY TRUSTEE OR BENEFICIARY NOT TO INSIST, UPON STRICT
PERFORMANCE BY GRANTOR OR OTHERS OF ANY OF THE TERMS, PROVISIONS, OR CONDITIONS
OF THE LOAN DOCUMENTS SHALL NOT BE DEEMED TO BE A WAIVER OF SAME OR OF ANY OTHER
TERMS, PROVISIONS, OR CONDITIONS THEREOF, AND TRUSTEE OR BENEFICIARY SHALL HAVE
THE RIGHT AT ANY TIME OR TIMES THEREAFTER TO INSIST UPON STRICT PERFORMANCE BY
GRANTOR OR OTHERS OF ANY AND ALL OF SUCH TERMS, PROVISIONS, AND