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<br /> (8) Any fsllure on the psrt of the Truator tu meet the repeyment tn�m� In reepdct to the Laen Agreombnt end any =
<br /> ��• other adv�nce�under thf�Qeed of'�niet hereby secured; end,
<br /> IC) Any ectl�n by the Tru�tor prohl�it�d by tl�e term� of thn Loen Agreernent or this Gnad o}Truat or eny fnilurA of
<br />"'���� the Truetor to ect u nqulred by thn Lo�n Apro�msnt or thls Deed of Truot,eech of which T�ut3ar hereby epraee
<br /> h�ve nn ndverse effect on the Benaflclery's eecurity tor the line ai credlt estebliehed and the riphte af tha _
<br />:,;� Beneficfary in wch tecurity.
<br /> ,�� and upon the heppeninp of eny auah evont nt d6tault, Bene�iciary �'nsy declere ell aums secured hereby immedletely �.
<br /> due end psyable by deliver to Tru�tee of written declaretion of deteult. Thu Truetee ahell heve the power of sale of
<br />.;t�;r, the Property, snd if Bensficlery deilreo the Property to be aold,it�hell depasit with Truetee this Deed of Trust end ell =
<br /> �arr�ml�sory notea end documenta avidenalnp expenditures eecured hereby end ahell deliver to Truetee a written notice _
<br /> o�A �Jaf.��.l.t a,rxl:�lection to cAUee tF►s� Pr�perty to be sold, an�:the T�uetee in turn sh�tt.�repere A notice ire t17�f.r,rm =
<br /> r�u.irsr.l:bK I�:va, whiah shall be du.r.�r fif�cii irx c�;�rd f�y Tr.i��r,ws.
<br /> �-'4'�`� • (p,►� A,fr,ac the,fepee'oi�uch time,a�m�q� f��rr;r;u.Pcpd•I�W Laew fo{towing the recordetir�rr nf 3ald notice of def.a�ifr., a,n�
<br /> `;�'i�.:;�,." nptice of doteulR�rrd�notica ot,��l�r h.�wi.rt{�he�rr�tven aa requlred by lew, Trusr.�, vrir.t�out demend on�'r.uatcx, _
<br /> t�'�,�+'i
<br /> .�,. ahell sell.the prop�rty on the d�t�nr.r�t+rt;r,l�ra time ond place deafgnated in seld nar.i.c:ri vf, aels,at pubfic auctron ta
<br />-y���`�� � ttie'higheat 6ldder,the purchASe price peyeble in lewful money of the UNted Sr,�r.es et the tims of aet�. Tha
<br /> �-�`�:� perean conductinp the sale may, ior anY ceuse he deems expsdient, p4stpono the aal9 4rorre time to t�cme r,cntiF it
<br />=��::'•� ehell be completad and, in every auah case, notice of poatponement sMsli be given Psy �u�iEi�Cfe�„f+sre8io+?�Ltew•RC,f
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<br /> ::��;°*' by such person at thn time end pleae lest appofnted for the sale, provided,if the seln Is postparret�fcr Foi2S�than
<br /> . ',�,..• ons1�) day beyond the dey desipneted in th9 notice of sale, notice thereof shell be plven in the sarrr�msr,u�er as
<br /> ������ � the origln�i notir.e of aeie. Truatee shsll execute and deliver to th�purcha�er its�esd conveY��9 the Property so
<br /> :• °"' sotd,but without endy covenent or wer►anty, express or implled. 7he racital: in the dead ui any met:a�s ar act;
<br />-�.�:":�+�A � ehall be concluaive proof oi the t�uthfulneas thereaf. Any peraon,fncluding BenefiCi�ry, may purche=e at the sala.
<br />'� Y` IB) When 7rustee sell�pursuent to tha powera herein, the Truatee �hall nppiy the proceede of the aela to psyment
<br /> �' + ' of the costs ond ezpenses of exercieinq ti�e power of sele end of the aele,includiny the peyment of th�e Truatee'a
<br />���-.�- faea ectuelly incurred,which Trustee'a fees sheU not in the apgrepate exceed the followinp amount based uqon
<br /> �"''�.�-:7� the amount secured hereby end romafning unpsid; 6 psrcentum on the fint f1,00fl thereof, 1 percentum on the
<br /> ��� bslancs ihe!�f +�nr� Then to the ttoms in sub�arepraph(C) in the order there stated.
<br />_��y�:��� (C)After payin�the item�apecified in subparegroph(B) ff the sale Is by Tru�tes,or the proper court end other co�ts
<br /> -- of torealosure end sale ff the aele is pursuent to judiciel foreclosure, tha proceeds of sala ehell be epplied in tha order
<br />__;�f � steted to the peYment of:
<br /> -..:;•::•,rr 11) Cost of any evidenr.e af title procured in connectlon with auch sale and of any revenue stemps;
<br /> °� (II► All sums the eecurec�I��r�by;
<br /> ``•`,` (111) The remafnder, if eny,t�the person legelly entitled thereto.
<br />—�"� 13. Dutl�s �nd Obliyttfons of Tru�t�s. (a� 'Che duties end obligetlone of truetee ahell be determined r�olely by
<br /> -_°--�±�� � the express pravisione oi�nia Deed ot 7ruat,and Trustee shall not ka!l�hle��^_e�*. f^r the porfotmaACA of auQh dutiss
<br /> ,,:�� , and obllfletbns ae aro specifically stit'torth herein, and no implied covenents or obliqatlons shall be impoted upon
<br /> - 1� 7rustee; (b1 No provitluns of thi� D�ed of Truet ahall requlra Truetee to expand or rlsk Its own funds,or othed►,u�:e
<br /> ``�'�� '' inbur any iinenciel obligation In the per�ormance of any of Ite duties hereunder,or in the exerciae of sny of ita r�yhts
<br /> •�l �or power,(i ft shell heva Brounds for belleving thnt the repeyment of such funda or adequate indbmnity against suGh
<br /> !� �dsk or Ilaqilixy is not reesonebiy raaured to it;fc1 Trustee mey consult with counael of its own chooalnp and the advice
<br /> — � 09 quch Counsel ehell be iull end comqlate euthorization end protection in the reepect of any ection tek�n or euffersd
<br /> � by it hsreundqr in good faith and retiance thereon;(d) Tru�tee shell not be Ileble for eny action taken hy it(n good faith
<br /> ----�= and reesonAbly believed by it to be au�thorized or within the dlacrotion or righte and powsrs conferred upon(t by this
<br /> __a Deed of Trust.
<br /> --- 14. AddWonM S�cudty Instrum�nts. Trustor, at its expenae, will exocute and deliver to the Truatee, promptiy
<br /> ==:a upon demend,such aecurity Inatruments ea may be roquirod by TrustAe,In form and aubstence setiafactory to Truste�,
<br /> covering eny of the Pra►�erty cnnveyed by thfa Deed of Trust, which security inat�uments shell be edditiunel security
<br />-'�'��� � for Trustor's �f�aithful performance ot etl of the terms, covenente and conditlons of this �eed of Truet, the Loen
<br /> T�� � pgreement,a��r pramlasory notes secured hereby end eny other seaurity Iroatruments executed in connection with thfa
<br /> ==`�=-=� transaction. Such instrLimsnts ahell be rocorded or fited, end re•reaorcfl�Y,?and rofiled, at T�ustor's mxpense.
<br /> _--�_` ` 15. Miscollmeous.
<br />""��f^ � '� (A) In the evaa�t a�ijr�.nn or ms�r�, �of the provlsione contained in the p�at3 of truat, or the Loen Agreement or eny
<br /> ` ._=.::.;...
<br /> '��� '��a�'� promi�sDr���aStt�a,aT.any oth�rt�acurity (nstrument qavem in�onnectic��a,with thi�3v�nsactiun, shell for eny r�aaon
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<br />::':;�;;;�' to be heitl'10���nu.�lid,iilegei ar unenforcdable in any n�s�n�ct, si�cm��nti��:cif��v„'�ilbQ.qatity or unenforceabilfty g'3�ell,
<br />� ��'_`.. � et the aptiun o�Bomv4iclery, not affect any�uSa�rr�tmvi�io�of thla'�D�flflT��cifl 7rs�,ar„�t�het thls Deed of Truet ahall be
<br />_:� ;: .,
<br /> ��; l: � construed as I� auc�h ir�vblld,illegel or unen8m�r�c��!�bYq rz�oifa�on had u�n�r�r�aeorn a;�rnealned heva�'ir rar therel�.
<br /> ;�.'4;�`."' � (B) This�eet! of'S"n1�st.shel0 be c��ns3rued accor�91ro�7 3rn�h�e'lawia of thn Sta3e o#A�V�I��r�;�kd.
<br /> '��`'M1��`•`•`' (C) the Deocl 01 Trn;��t a9call in�ure�R�a nnd bind thae t�irs,f,�,�,.r��.tu•a�,devlsees, edmini��tot+to:s,executs�is, auccousT�ra�nd
<br />,:�,,��_,`..`c,., .` .
<br />�:�,,,,} . ass{gns nf u�e ��r�tiices hereto.
<br />-�;1:��`-' (D� Trustor sha;l ryaa,y aUi•taxes levled upnn this��:�d of Truat or the debfi svcured horeby,togetherr N�ith eny other texes
<br /> � or assesennen3�•an�ich mev he levled agair�at the 7rustee or Benefiaiary or the legel holder off s�;�Loen Aqreemer�t
<br /> ��.,�• d�o ar��coirmtt of sd�e 7hdebtedne�s evidence thereby.
<br /> - (E) UE►h�;•nevar �sed herein, the sir�gular number shell incla�de the plvral,the piura9� sPoe sinauler,the use of aroyr�ender
<br /> ••' shali ba applicaelbb tu�11 gerode�s, �nd th�term "Banefl�iary" str�aia ara�ludd a�oy payee of the indebtedr�ess hereby
<br />- ,,:,• secured or eny travnsfe��r therecct, whexBo�eR h�y operetion oi law o��oth�evwise.
<br /> - � � 16. SuccN�o+r 7rustM. I�eor�ed'aeiary may#rom tirros to time sub�t�:��1Ye a succes�or or su��essors to any Truatee
<br /> • named hereln or acting heres����r�es execute thle'Tru�t���d. Upon euch a��i��mL�rru�ent and withmuR c�rteveyence to
<br /> ` the su�cdssor 1'rustee, tha lett�� sliell ba vested wlth afl r,i�cfe, powers end dutces c���rterred�c�r� ���y'Pirc��scae herofn
<br /> � named or acting hereunder. Eflch such appolntment or sub�titution ahall be made m�r�wreit��rn i�nttrc��tiT�nt by IBeneflclery,
<br /> �, . �. containing reference to this Deed of Truat end its place of record, whlch when recorded ivo r,lhes crt�i`ice of the Regleter
<br /> • ' of Deeds of the county or countlea fn whlch snid property la eitueted, shall ba conClusive pramt`ati proper ppg�ntme�}j
<br /> '�;-:.r,<�. .of the successor Trustoe, The foreeolnp powe�of subatltutlon end the procedure iherefore shall not be exclusivs af
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