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document, or afforded by lave or equity, and may be exercised concurrently, independently or successively; 12. Successors: and Assi its Bound The covenants and agreernoils :herein contained shall bind, and the rights hereunder shall inure to, the respective successors and ussil is of khe Beneficiary and Trustor subject to the provisions of this Decd ofTrust. 13. Joint and Several Liability, All covenants and agreements of Trustor shall be joint and severs 14. Notice. Except for any notice required under applicable law to be giveri.in another manner, (a) any notice to Truster provided for in. this City Deed of Trust will be given by certified trail, return receipt requested, addressed to Trustor at 414 Fast Chapman Avenue, Orange, California, 92866; with copies to C&C Properties Group t, LLC at 11211 Yorba St., State 200, Tustin; Califurntiia 92870 (b) any notice to the floneficiary will be given by certified mail, return receipt requested, to the Benc riic lry at 20 Civic Center Plaza, P.O. Box 1988, Santa Ana, California 927012, Attentiow Rousing Manager, or at such other address as the Beneficiary may designate by notice to Truster as provided above, and (c) to Trustee at 8121 C. Florence Avenue, Downey, California 90240. Notice shall be effective as of the date received as shown on the return receipt. 15, Governing L aw, This Decd ofTntst shall be governed by the haws of the State ofCalifornia with venue in Orange County. 16. 5everability. in the event that any provision or clause of this Deed of Trust or the City Loan Note conflicts wv itb applicable law, such conflict will not affect other provisions o r this Dmi of Trust or the City Note which can be given affect without the conflicting provision, and to this end the provisions of the Deed of "rust and the City Loan Note are declared to be severable. 17. Captions, The captions and headings in this Decd of Trust are for convenience only and are not to be used to interpret or dcfrne the provisions- herenf. 18. Default in Foreclosure; Rernedi , Upon Truster's breach of any oovenant or agreement of Trustor in this Deed of Trust or the City Note: secured by this Deed orTrust, inclWing, but not limited t©, the covenants to pay, when due, any sutras secured by this Decd of Trust, the Beneficiary may declare all sums secured by this Doed of Trust inanediately due and payable by delivering to Trustornotice thereof specifying; (l) The breach„ (Z) the action required to cure such breach; (d) a date not less than 30 days from the date the notice is received by Trtistor as shown on the return receipt, by which such breach is to be cured provided, however, that if such default is not reasonable susceptible to being cured within 30 clays, Trustor shall have a reasonable period to cure the defect so long as Tivstor is diligently prosecuting the cure to completion, and (4) that failure to cure such breach on or before the date specified in rite notice may result in acceleration of the sums secured lay this Deed of Trust and sale of the Security The notice will also inform Truster ol'Trustor's right to 5 25B -61