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. .. - � . . � ,:I�+Mi�-;w��i.�ra.o._ - -- - .,d.�u.,uc-._=--- �_ ..._. -�. . <br /> .,� .. . ....._ — _.-_._._. . <br /> ._ <br /> . ..' ' ___ _.__ _.� _ _ _ _. .—_. _ <br /> i� •. . _--___ ___ _—_— . . .. . <br /> ..:_,.. �_ .,_'_.,,�._ ._ F_. -_. __ <br /> . � g�-- �.�� <br /> 7. The Beneflcix�y�tiwll lu���c tlK rijht. Po�vor and�utlwrity durina the continu�nce of�his Dood af n�cl�a oolloct the ra►ts, <br /> ics�ks snd pxoffts of tlw pmperty and of�ny peno�wl pnpGnY tocntad theroon with or without�alcing possessian M thc propem' <br /> �a,yod hereby,und T�uqars}�ercby+�bsolWrly�nd uercanditlonally assign all such rcn�s, issu�x and profils to tlic bcikiicinry. T�wc <br /> bCMt1C1Ai}�, howe�tir, hereby ooruent�to Tnuton'oollayian and rticnUan of such rent:,i�a�es ard profits,SO 10l1g BS Trt1flOT!arC <br /> nd, at such time, in defiult with rapect to peynxnl of�ny inckba�nas �ocured hercby. a in thc perfornu��cc of any a�roement <br /> horcunder. If any e��ant o6 det�ult daicribed hercaiter in rc:pect to thi:Dad of Tnrst sfu�ll have occurrod and be oontinu�na,�tx <br /> Henet�ciary,us A m�ner of risht�nd witiaut ndioe to Trwtors or atryone ctainun�under Truaors.�nd witriout regard to!hc value of <br /> the tnui estate or�he intorcu of the Truston thsrcin, slull havo thc right to apply to a�q�court having jurisdiction to appoinl a <br /> rocei��er of the Property <br /> �. The Be�ciary, or its adenu, aro authorixed to cnter at �iry reasonable time upon ot in an��pan of�he propcny f«�he <br /> purpose of inspxting thc same and for tho pu�of perfarming aery of the ncts thc�r arc aulhorizod to pctfami unckr the terms of <br /> anp loan instnuncnts exoculod by TnWOrs. <br /> 9. IC all or any pAn of th�proprrty or any inter�sl of Tniztors is sold, transfemod or furltxr encumberod wilbout tl�e ���rilten <br /> oonsent of ttk Beneficiary,the Ben�!'iciAry.mry decl�re�11 sumc savred by this Tn�i Deed lo b�immedislely due and payablo and <br /> pr000ed to the rcmedia avail�k to il undet�he dcthult providons co�tained hudn. <br /> 19. Any oilhe follow�ing cvrnts sludl bo dc�mod an evcnt otdefeult heneunder: <br /> a. Trustors shaQ havc faitcd to nwkc paymcnr.of.an.y inst,altm�n!of prir.rri.�Tal or intcrest or any othcr sums sccurcd I►crcby wi�cn <br /> due: <br /> b, 7'here has oacurnd a brssch af or defevlx nr.xlier. aoi.�y t:cr.nz. oor'ena�u, agreemen.t�,coia,dition, provision, r.eprescyuation or <br /> ;::,:..,zr;�^�a:^�?•^•!his L*µ!•,f Tmc�,�l,e m��oc a�m w�:Ger l.ou�instrument 9xuced h�ereby�: <br /> e. There has boen a defaui:by tIx Tnutors in the�y�+e�of am�Qrior or s�ibsequeut l'ncn or.c+acruAbraKece i,n,ctspoct to all a any <br /> pui of tbe propecty: <br /> • d. Tnutocs shwll fik a voluntary petition in bankn�cy �a'shAll be adjudicated Ilnankr.Hpl or insoh�ent, ar 6ba11 make aa <br /> assignment for We barcfit of eto�ditors in respoct to tlee Qara�etty;or an aciion ta enfQra�ay licn or encwnbrance o�r jidgmenls <br /> against th�pro+puty is ootnmenoed. <br /> 11. ln the event of any default, the He�kficiar�n�a?doclare,n11 indebtod�xss secur+�d hereby to be due and payable aaw9 Ube some <br /> shall thereupon beoane due and payable withau any presenAnoe��t�:�demv►d,P►dest or iatice of any kind. 'Ilier�adttr,tb��ry. <br /> �': , <br /> a. ajihu in persoa or by agent,with or witl�out�rip�q�r;�o�,�_:action or p�000eding, or try roaiver appointal by � cawt+wd <br /> wltbout reg�rd to tLe a�doquac�'of any socurit}'.'�ak�.+�,{r.and iak�posseasion of tht prqpaty,or�nY Paut t�e�eof'�ia ib o�wm <br /> narae oc in the name ot th Tn�sta, u�dl �Ya �ay'�ttt� whicd it dxms peasaary and dairnble to prex�ve the nlue, <br /> .,,�.-:�::;J ar res:ta4sili� �t t�g�!*.d:�!';�n tl�eneof.or iater�at tLenda.iacrwe the i000me therdmm or potat the <br /> � ' •�W��Y�f and,witi�arc uikiuB Pos�uioa of the�:±tty�sue for or aMawi�e oollect tba raqs,iuua a»d peotits th000f; <br /> �f� : • I' �;i�le�fin� those past due a�rA naa�wid, aad�pph'tl�e kitcn�:lqsc.Ge:s�s aad e�of aper�tiou ud oolla�ti!que;indndinE <br /> � �� � ��i�¢tn'i�peY foes;��ou adY iudc�tedtkse secuc�ed heRby.aU;�n.Soch onta as the HeoeFiaarY may determine, T6e en ter��poo <br /> .�� ;uq��t�in��tstion af the tnut at�te,tbe oollatian o�!a�ch rtms,is�ves and prafits�nd�pplicstic�a tLereaC't�,s.afaaald <br /> • sh�ll mt au�e,i�r w�i�ti any dcfwit a notipe of dcfaulf �aeuiukr or:ini�alidrte a�ry+ict�ad in rapo�eae W�defaalt ar ,�,•..,, <br /> '� '� �xwat to such notioe of ddault urd nawiYhs�audin��a��t condnu�ncb i.n possexaon o�tbe prope�ty cx We oolbctiai, raoeipl`;. ',,.. <br /> �a3 applicatioa of raus,iswes ar prof ts,Trusia or�tr��kn:fici�ty may be entilled to e��ncise every n6ht provklbd for ia any ',.,',�'� <br /> af We loan iastma�aits or by I�w upon occurrcnoe ot'.��p:�uent of dd'ault,inclt�ding ttie�ri�t to aca�ase the po�vCr of sak; ' <br /> �. oommenoe�a aetioa to fa�oclase Wis Doed of Tn�st u"a nwrtgage, appant�Kaiver,ar�pecaifical�y e�fa� +a�Y a�� ,.,;}�,,: <br /> ooNewuNs berco� �y�• ,`��t�. <br /> c. ddiva w Trusloe a writlen decluafian of dofault and demmd for s�le,aad w�ritun notioe oi doFsult and elocti0a to nuu ;; . <br /> Tn�stors'iw�in t6e property to be sold,which noticc.7tu�ta�11 ame W be dnly fibd for r000�d in the o[ticul reoo�+dt `'!';;��,. <br /> af tbe coun�Y in which t6e properiy is locatod. ' • <br /> 12. ShouW t1►e Senef ciarY dxt to faxlose by cxetrix ot Ihe powu af s�le hasia aoatt�ined,tlre BmeSraary shtll'aotify"!'�osta �f , <br /> aod sheU de{io�it waQ�+TaWee this Deed of Tcu�e��rd tbe uote wd wcb ro�i�ls aad evidonoe of expa�ituns mAde aad sxui+ed:.:�'-, <br /> heteby as Ttu�t�oe m53'•rex�wre.�nd upoa ro9uat'�pT'ihe Be�fici�ry, the T�sF.ee s1W1 cau�e to be n+ootded,pablishod snd delive='°dt,:, ;. <br /> lu Tnubr wch Notia ot Ddnult atd Natioe ot Sab ys tha�ra�uirod by Isw atod by tbis Doal of Ttust.Tnalee sh�!!witlwut demaad � <br /> on Truator,afler wch time as may then be roquired by Izw�nd afler r000nWion of such Noti`oc of 1kfaWt and atla Notioo d Sak <br /> 6aviag been 6iven ss t�oqu�rod by 1�`,xil the pmpetiY at the ti�ue aad pl�ce d sUe 6x+od by it in wc6 Notia of 5de�at6a ss� <br /> � whde,or ia t�epar�te ids or paroels or items as�";nula slnll dean expedient,�nd in �ch adex ai it n�ay dd�aniae,at Mibtic <br /> audion to the hi6bat bidder for c�sh and shalf a�ffa:;:i•rtr to such pKUCl�axr or Wn�users tLetoo�'a deod 1:o>t)ie�ropaty�o�W,oo�ad�at <br /> ayth�ilt�law thea in e�act. �tecitals in the Tn�si,a's deod siull be pci�aa facie evideaoe of the tnrih�of Y�ie sntanenls m�de ihaein. <br /> Tn�stix thdl apply the p�voeeds of the sak in the tdlowing aMex:(�)to all ra.9wiabie o�r�s and expa�c of tbe sale,i�ndudias but <br /> not limited to Trusta's fea of not rtw�c than 2�'.of the groas sak pria�xeuon�bk attar�g�es�nd costs of dtk evide�a:(b)to all . <br /> �, sums socurod by this Uad of Trust; and (c)the exoas, if a�ry, co thc�eryen or paaclas legally a�bi6bd thendo• My pa'son. � • <br /> ' including tt►e Hene�ri�,ry,may punhasc said pmperty at said sale. Tn�sta na.�j in trie n+n��ecF providoaD tlr►�l�w.poscpQne sale af a�� . , <br /> .`� or xny pation d'�bc�r+oQcrt!'- �• ' ' ' <br /> f 13. Tnatee aad the Eeadw�!�.:�,�d each of tbaa,sh�YY 6e aqitled to eofaa poryme�n�rsnu!perfomuwce a(�np�:u��Ch�iatnc ar , <br /> oblig�tion sccured�tdrY xtd�,Y�i��eti�scipe ali Ai.� � !�'�s under this Doed ot'Tri�si+�un�er any'ipuH ip��it:ni�tt�a1l� <br /> " � agroertient or any 6uF'ris,i�qr'd'.f�4if�ttet•r�c�^os;;f uatv►ithstwdit�sooc ar all af the ind�blodc�ess�m�ti�tioas'�d Met�s�y��"'' . <br /> which may aow+uQ U�ytafleQ be rNl�erivlxc���sdi�cr•ed. whtt�er h}'mort,�, 'clqed of ccust,Pledl�e. liea,a�iEn�M or aUKt�ria2:: <br /> : NritMkr 11ee aoa.p4u�ce uf tlnas E1�af�raf'�nut'�i'sr iis entorc�ne�.w�et�er 6Y oouct adiera or pursuant 1a t,he�rweY'af s�k a otLr;'. <br /> � pa�xa,lkt�e c�ort�ided.s�I,E�jrr:,iQ�la or in a�ry mouu�er a�iect Tn�ttee's or the�ae�"�i�s ri6Yt ta te�0ine m�pon an eo�ora au�' <br /> -- .. — a�� a..��r - --...etr.Rr.rfic-i�rv. it 6eina aareO�t�i.TCe�6f0t�f�IC�CB�Y'. � �C11u G�i <br /> p�'TICi 9CGUrnY ii[vw u tw.��;w.w.e.,..... ..J ..�:...__. �-----.. <br /> thcm,shall be em'itkct to enforoe this Da�il uL"Ltust and any olher savrity�ww ar tieteatkr bdd;bg�he Benefiti�uy or TruNx in <br /> � such order and manner as they may i�n tF�r aib�iute discrction detumine. No rc,mod��huan oonJknod,upa►or resen^od to Trusia <br /> or Beixficieu��is intendod to be exclusi��e of any other rernody 1�erein or by law{xa�vided a pumitted,but each sh�ll be cutnulati��e <br /> and sl►all bc in addition to cvery dher rcmody gi�rn hereundcr or�ww or hentiRer acisting at Law or equiry or by st�tutc. Every. <br /> pox�r or rcmcdy gi�'en by any of the loan instnunents to 'fnuia or the Beneficiary or to wl�ich eithu oi'tlkm m�}�be otl�rvvix <br /> entiUod may be e�rcisod,ooncurrendy or indepe�dently. from time to time and a�oflen u rt�ay be deemod expadieut by Tcuaae or <br /> Beneficiacy.and either of them mry pursi�e inconsistent remafia.Ndhing harin shall be oonstruod as prohibitin6 tbe Be�'iciary <br /> ' froni sodcing a deficia►cy judgment agair�st 7'tustors to the e.�tent such action is permittod by laW�. <br /> 1;. Tcustnrs }�ercby roquest a ca�r,v of anp notice of default and tt�t atry nolioo of sak hercunder be mailod lo Tnwtors�t the <br /> ad�set[aYh in the first paragraph of this Doed of Tnist. <br />