|
"°"�"'` :„ •,._�.."!�S'7 ..,�..._..:�
<br /> , �y, , �J�_._._�a�= --
<br /> '�)_ •_��..._....�.x..,_..s_ .'�;�t:�;4';.;?'N,'�.'.�t`fS���� . ��I' �y� :l,al."��i������"'�'�.�+^...�(�-.
<br /> nr.Z(vh.-` -- -- ==—nwt.n�.�..-a �e�... .
<br /> . .n..m.w-,�_�.-r_�ve�::�.rrc�a-s;�e�:y�r�x�.;�^�.n^,..,^_�4+�s.--�r:,-�rt�at:.:_ , =r�.tiu;K:.__-_,.�,o..�.,�,�_
<br />_ - - ----����=�-ry----- _ ::+'r.L=-?= --- —
<br /> --.�.�.�-- �- --- ..,�_� -,...�.��W-- -------.�
<br /> ---�� Y ._...�-�-,�-��-_ �j�n�l�+rm�.,.v..---_. .—s..
<br /> ,t..�,�:,..�� m..���y�.�,�'`,e.i�.�'-''�o..�..1��.'�.'.'.L.�.ii!�e..11..:.TR�--va-r��l-�.�.�c�v..v.-r� -• .i�� 'r!�.�YC:.:t<mr�-- ----
<br /> ....:��,.� .-,. � �„_. ... ., _
<br /> . ., .
<br /> ---- .�. — `--- � .
<br /> ._.....�1��_;;i'_ _�jiYt+�SA ._ ._-..... --
<br /> (dl �wrlt of ��lon or attachm�nt of any �tmilar procAS� be�ntered�pslnst Truitar which sh�ll
<br /> • b�cam�� If�n an t1x�Tru�t te or any portion thertaf or inter�st thar� nd auch executian, att�chment or timfltr
<br /> proc�s�ot Judpment i�not nl�st�d, bonded, ��dstted,v�c�ted or st�yed wlthin sixty IEO!d�ys�fter its tntry or Iwy;or�
<br /> fal th�r�hs� occurnd �bre�Ch of or def�ult under �ny term,covenant, �preement, conditlan, p►ovt=bn,� �
<br /> representsti0n or w�tr�nty cont��ned in�ny prt4r daed of trust ar martpape affectiny ti�e i�uai Esiace. �
<br /> 10. Acc�hriabe qpon O�liu►C Add't1�N RirnNd�is. If �n event of dafault occws. Benefici�ry msy declan tMN�
<br /> Ind�btednqss secured her�by to bs due ��d payabis �nd the s�ms shall thereupon bscome due and payable wtthout �ny�
<br /> pr�sentment, dtman4, prote�t r�r notics of any kind. Then�fter, 9�nsfiCiary may: � -
<br /> Iq tither(n psrson or py�Qent,with Or without brinpinq�ny sction ar prx�edir�, or by�reC4iver�ppointtd
<br /> by�court and wit++UUt rtq�rd to ths�dtQuacy of fts s�curity, tnt�r upnn;nd take possession ot the Tnut Estate,or�ny�
<br />. psrt Lls.:rea!,iz itS os.Jn nsmC a:fn tl:a nsme o!Trwtco,:�d da anq a-CiS wl-wCh ii d2c��S isc4cSSory ui dasirible.o presa�v� -
<br /> Me va1u�,msrketob�lity ar rentability ot the Trust Estate,or part thareof or interest therein,increaae the income th�reirom
<br /> ' or pratsct th�security her�of snd,with or without taklnp possession at th�Trust Esut�,sus for or otherwisa collect the
<br /> nnts, issws�nd profiu theraof,Includirp those p�st due u►d unpaid, snd�pply tM same,less eosts snd expenses of
<br /> oparatian and collection tncludicq�ttornays•fees,upon+ny tndebtadn�ss secured hereby,al!in such orda�s 8eneficiary
<br /> �Y datemnine. The tnterinp upon and t�kirg poasesslon of thq Trust Est�te,the CoNection of suCh rcnts, issues and
<br /> , �xotits and the �pplicition thenof as aforesaid sh�lt not cure or w�iva sny default or nopce of defsult hareundq or
<br /> inwl�date any act done in response to tuch detau�t or purswnx to such notice of defaWt and. notwithstandinp Me -
<br /> continwnce in passes:(an of the Trust Estate or tha collecUon, receipt ind�pplic�tiorr oi rents, issuet or prafits,TrustN
<br /> or Bene}iciary ah�U been entitiad to txnrcise ev4ry ripht provtded for in any of the Lnan Instruments or by I�w upan
<br /> occu�rence of any event of default, includinp the ripht to exercise the po�ver oi sale;
<br /> (ii! commence an action to toreclase this Deed of'1'rust as a mortpape, appofnt s receiver or speciftcally
<br /> enforce any of the covenants hereof;
<br /> (iii) deliver to 7rustee a w�itten dectarat�on of default and demand tor aale snd a written naace of dsfault and
<br /> � eiectipn to csuse Tn,star's Interest in the Trust�state to 6e sotd, which notice 7rustee slull cause to be duly filed for
<br /> - recortl in the�ppropri�te off�ces of the County in which the Trust Est�te is loCated: or
<br /> (iv) ExQrCiSE SuCh Oth4��Iphts Qr fe�'flZdieS at i�W Or(�equity. °
<br /> f 11. fn�nelosun byPorwr afS�NS. li Beneficiary etects to forecbse by exercise of the Power of S�le hsrefn contat�pd, • �
<br /> Benafici�ry shall notify Trustee ond st►�II deposit wich Trustee this Second Deed of 1'nut snd any note evidencirq the Indebtedneu f
<br /> � and such nscelpts and evidence of expenditures made and secured hereby as Trustae may roqui�e. `
<br /> � •
<br /> ; f�! !�aon re!'el�t ei sueh r.orice irom 3e^eti�iary,Truatsa sha!!ca�ss*.�be�co:dtd,pub�ish��:r.�rfalivs�ad �
<br /> E tq Trustar such Notice of Oe4ault and Nutice oi Sab as then�equired by law�nd by this Second Deed pf Trust. 7rustee j
<br /> '}• sh�ll,without demand an Trustar,after such time as may then be requlred by law and afte�recordatan oi st►ch Notice of
<br /> � Detault�nd after Notice of Sa{e h�vinp been piven as requi�ed by law,sell ths Trust Estete at tM time and plsc�of�sl�
<br /> fixed by k in such Notice ot Sa1e,Nther as s whole,or tn sepuate lots or p�rcels or items as Trustee sh�ll deem expedi�nc,
<br /> � snd in such ordar�s it m�y determine,�t public auction to the hiphest blddet for wsh in Iswiul money of ths United SUtss
<br /> � pay�ble�t tt►�time of s�le. Tn�stee shall deliver to such purch�ser or purcF►�sers thereof its pood and suffictent d�sd or
<br /> deeds conveylnp the property so sold,but without any covenant or warrenty,express or implied. The recitals in such dNrd
<br /> • of�ny matters or fttGt9 shall be conclusive proof Of the truthfulness the�eof. Any person, Inctudi�p without Ifmitation .
<br /> Tnutar,T�ustee or Beneficlary, may purchase �t such sale, c
<br /> (b1 As may be permitted by law,after deducting all costa,fees�nd expenses ot Yrustee and of th(s Trust,
<br /> • includinq costa of evidence of title in connectian with sate,Tnutee sh�ll apply the proceeds of sale to payment af(i)the
<br /> � Indebtedness(ii)all other sums then sacured hereby,�nd(iil►tha rcmaiMer,it�ny,to tM person or persons legally entided
<br />—�� thereto.
<br /> , , .
<br />- ; (c) 7rustec may in the manner provided by law postpone sale of all or any ponion af the Trust Estste.
<br /> - 12. Awnedis Not fxclusJw. T�ustee and Beneficiary,and each ot them, sha11 be entided to entorce payment and
<br /> performonce ef any ind�ehtedness or oblipetions secured hereby and to exerclse�II riphts�nd powers under this Second Oeed nf
<br /> � 7rust ar u��Qer y�ny Rcart Drtr��*ment or oRher ac�reement or any laws novy Or hercat`ter tn forCe;notwithstandinfl,some or all of the
<br /> — such indebtednesi and obl"�aXicns secured he+reby may now or herQaft�r I�e othervvise secured,whether by mart9ape,deed of truat,
<br />= , pledpe,lien,�ssiqnment a�crJurw,se. 1M�eia�ec the�cceptance of this Srtcond Deed of Trust nor its enforcement,whether by court
<br />-_ ac5on or pursuant to tt� pc�e�o#sa��c�r uther powers herein Contained, sl�ell pre(udiCe or In any msnner�tiect Trustee's or ,
<br /> �. L+v;�r,eticiary's ripht to rakze u�an or Qnfa�ce any other security now or hereafter held�y Trustee or Benefici�ry,it belnp apreed that
<br /> __ �+�astee and Beneficiary, and cacR of th�m,sh�1f be en�?�fxd to enforce this Second Deed af Trust snd any other security now or
<br />-� � 3
<br /> ,��
<br />__�=:�
<br /> ,•� , _
<br /> '�'l.._,�-.���r��w���""."'��II�'„"`. ,u,, � _ ��`!\6�u�G„ --
<br /> .�. ,R v�rrar.��.��_� ..
<br /> ���r .• • . . . . . `�,�,. N's-?'�-_0.5�a�rwiaa�—,�..a -.�:�...'.��- � ..
<br /> ��r � . - � .. ' � .' � ' ' • � ` �r%=�'-�TY�-•--a-''^ `r'��-�-���Y---
<br />__ �� ' . ' . _ ' ' . �.,-,s� ,�.a�;H�i�.�v'li���x.-�=._.
<br /> w�' '� . A T.�'•u���(.-..,.._ —_
<br />'� . . . .. . �j,� '�J•. ..sR1.ti��V�i;lJ��___ _—
<br /> .—t 1 : 1 . ' . . .. '. :`�',�}%..�' j'r"_
<br /> _:'`'�t ., .. .� ' 4.,�;'1:� ;
<br /> .S;�,a� . 7. . t _.�- _
<br /> . . . . .�X±! �1�;f!tyr.xr'till:r:l%[�—--
<br />�.•4J' Tf-•_ ' 't , �' .. � �� . . . ' " • � � ' , •[ ,I�����ti-�._' _ —
<br /> -�� � ' . • � ; . • . � ' 1� +.)c � Y ���•f�:��-_— _ .
<br /> ' • - . � , ���' • `����— —.__ —_
<br /> . . ' , , r, . ' - f�;.'.I...J�_._�t1'�'�..ul.��_
<br /> ' ' `Z�.
<br />
|