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,;�.: . <br /> �.,......Y.��::=-_—=--_ <br /> t'l_.__---- --- ` - --- ----------=-- <br /> , . . <br /> �7�` ��I <br /> upon �ny indl�be�an��■ e�our�a issr�by, •ii in ■uah OFa..s :� 8a:�::3a�as; ��; <br /> d�twr�nic►�. Th� �nt�rinp upon and �akinq poi���iion o! bh� Tru�t istat�� th� <br /> cali�tl,on o! �uah r�nt�, ���ur� and profit■ and tih� �pplioaEian �h+�r�! as <br /> alore�sid, �hall aot our� oz Ma�v� �ny d�laul� ar aoLia� oi d�tsalC h�r�under or <br /> invalidat� anx aat don� in r��pon�� �a �uoh d�lault os pus�uan� to �uch notia� <br /> o! d�taalt uw, aatvith�tandinq th� aontiau�nc� in poRa���ioa o! th�Tru�ti ll�t�ti <br /> or tM� eoll�otien, r�c�ipt �nc� �pplication o! r�n�s, ia�u�� or psolit4, Tru�t�� <br /> or �rutiaiary �haii b� �ntitled tn �x�rai�� �v�ry riqht pr.ovid�fl !or in any a! <br /> th� Loan In�tru�nt� or by law upon oaoucr�na� o! any �v�nt o! d�t�niti, �noludirq <br /> th� riqht to �x�roie� th� pow�r o! �ai�� <br /> (b) Comm�nc� an aation to lortalo�� thi� A�od a! Tru�t �� a moztqaq�, <br /> �.ppointi t� r�c�l.v�r, or �p�ailicslly enlosc� any of the oavonant� h�r�of� <br /> (�a D�liv�r to TruRtN a wri�t�n d�olaration of d�lault and dw�erd ��r <br /> �Ri�„ �nd a �+ritt�n no�ia� o! d�tault and el�atioa to eaus� aru�kax°s fcet�r+��t <br /> £ra t.l� Zru�t ��ta�� to be �old, which n�t�.c�Tru�t� �hall aaw� tm a d�al� ifa�d <br /> fe�r srcc�rd fn kh� appropriat� Of€£cfa� �cccrrd� mf tt� C.ounty ia which t!►� Tz�a�t <br /> s�tal� i� lacat�d. <br /> 11. p crnscrLo,gURS BY ro►talt ol� sl►LE. SD�wld ��;aa�.stiaiary �i�at ta lor�olow � <br /> by �x�raiw a! th� Pow�r at 8a1� her�i.uo ��ts��qam�� e�n�llai�ry �hali notity <br /> Tr�aat�� and��tall d�po�it with arustw� ti�aa �� �tt��=uat $nd tha Nato and suah <br /> r�ipt� r�pnc�� �avid�na� ot �xp�ndSLus�� �aacla nad ,���a:ar�d h�rwby a� Tru�tN may <br /> r�quir�� ' . ' � <br /> Q�b;��77Fon r�a�ipt ot �uch notic� !r� Han�ficiary, Tru�tN �hall cau�� to � � <br /> � �,��s�, publi�h�d and d.liv�swci 0c� �uch ttatica af Dotault arid �otico of . . <br /> saiq a'a tlwa r�quir�d by law �nd bX �hi� A�eed oi Tru�t. Trustp �hail, without • <br /> d�sand oA Tru�tor, a�t�r �uch t#� a� may th�n M r�quir�d by lavr aad a���r • ', :,,.. <br /> r�aordition o! �uah Notic� o! D�ta►wl� and aft�x No�tico of Sal� htvinq b«n qiv�n <br /> a� spui�e�d bY law, ��Yl. th� Tru�t Estia�� at th� tia� artd plac� o! eaA� li�ad by '. <br /> it ita �uah Ilotic� o! a�l�, �ith�r a� a whol�, or in s�parat� lotr or parc�l� or <br /> i�n��,s a� Zru�tN �hall d�� �xp�di�nt, and in �uah ord�r a� it May d�t�ztirino, ati <br /> p�oL�o��.�l, auotioa to t}N hiqh��t bidd�r !or aash, ip lawiul won�y o! the tJnit�d <br /> �et,��wy;.ax�xbi. ati t!►� tiar o! �al�. Trust�� •hall d�liv�r to �u�sh purahaNr or <br /> paret)hli�ae� �t��r�ot, ie■ qood aad sulticient d��d or;d.Md�, conv�ying tt�prop�rly <br /> w ��d, bat without any cov�nanC ar Marranty, �x��:mms or i�apli�d. Th� r�aitale <br /> in,��ii6�Oh dNd ot any �astt�r� or faot• shall,� .ma 'conclu�iv� proo� .o! th�e � �• <br /> txac�l�.�fu���• th�r�of. 11ny p�roan. includ�tg►,vl.t�i��a�'limitation, , Trn�tw�, an�.. , . <br /> 6or��;']aiary. saY purcha�� at �uch �al�„.�a��n�L•. D�ie�s�� covAnan't� to warsant �r�d <br /> dipEm:nd th� titl� o! �uch puscha��r or pu�rc�hma��:' �. . ";., ' � �•� :' • ; <br /> .• •�..;..' . ,. r�: . . .•.•_.:��. . ,, <br /> ' • (b) ]1s may ba p�ra�itt�d Ay law, aftir`d�,�W k�aacj all cost�, ���' �;�ei�b�lu�► .�'� � <br /> . o!��S�u�tM and o! thi• Tru�t, iaaludinq aaKt��•o; �w`�Wancs o! titl� in �{���i��i�a ' <br /> w�'tC1rr.�ysl�, Trui��� �hall apply tih� proc��1�6'•.0� bkl'�+'to paya�nt o! (i� a 1 s.wq�s . <br /> �uep�m�d und�r tt►� t�r�as h�r�ol, AOt tI1��1 �;�,�id. Wi�h acaru�d int�r��t at tw�l"a.'a. . �:. <br /> (1��;� p�rC��t p�r aunuai, (ii� all oth�r rwm�t tl�n ��aur�d !►�r�by, a�ad �lii� tfl��• <br /> r�airid�r;.: R aay, to th� p�rwrt ar p�rsons l�qa�,ly �ntitLd th�rrtio. �'•;,, , <br /> . , �, <br /> (e) �''t'Yw�tN oay, in th� a�nr�er provid�d by. D.ai►, po�tpcn� �ai� of all or '��� <br /> aaY porEion o! th� Tru�t =st�t�. ' . <br /> 12. Rt�Dtsa �ar s7tCLV,��yj_ Tr�o��t:8e and 8�nwliaia��,, and �ach o! tt�� � �' <br /> �tlq�l b� �ntitl�d tA �nlorc� ��nt a►�d p�rtoraana� ot'ar�y lyd�bt�dn��s o#, <br /> ,�.' , t�liystion� �cur�d h�rsby uid. � ex�rci�� all ri�ght�'and paw�ra und�r,this D�� ''' � � <br /> � • o! Trust or und�s any Loan �e�im�:rtir�nt or otC�sr a�x�wnti or amy 1#MS' �ar o��. <br /> �r�alt�r in tc►rc�, notrriths�afr��,;�,�q �ow� or �11 0! th� �uch ind�bt�nr�s .a�!' <br /> c��.i�atioaa Mcus�d byr�Y way �++ or h�r�+�tt�x be ott�rwiN wcur�d, whetMr.�J,j/ <br /> �xtys�, ds�d o! tru�t. Pl�d9�• li�sl�'.'�aw�ig�ea! or oth�r+�i�e. 1lwitih�r 4�r <br /> �erc�ptanc� o! thi� DNd o! Trust aor �tr �r:slnrc�nt wh�tl�r by conrt aation d�; <br /> puiesuaat Lo tA� pow�r o! �als or otlf�r �ow�r� l�r�in contain�d, �2�a11 pr�judiop� <br /> ar in aay �ann�r afl�ct ?ru�tN•• or B�n�liciary.•s riqht ko r�alis� upon ar <br /> tuloxc� any ott�r �rity na+ or her�aft�r h�id by ?ruatN or �nsticiasy, it <br /> bie3.t►q aqsNd tAat Tanx�t� and 8rn�ficiary, and �acb of th�, shail be fntit��a,1 <br /> " . ;�� a�n#ores kbi� n«d oi Trust aad any oth�r a�curit,y no++ or h�r.+►tt�r h�eld �j . <br /> :,•��.+ • 9�O��iciaxy nr Tru�tM, i,n such ozd�r md mann�r a� th�y or eith�r o! th�s aty <br /> ���� � �i�a' tMir ab�A�utw discr�ti�n e}Ir2Mrsi.n�. No r�dy h�s�in con��rr�•upoa or <br /> s�prwd t� ,Tru�tN or 8�aetii�::l+aty is int�nd�Q eo b� �xolusivo of _auceX otit��r <br /> , ' r�dy l�r�ilia or bY law psa►3ic1�6•or p�rr►itt�d, bu� �sah shall b� ou�2�itiw and <br /> " �ball b� im,�,d�dit3.�sc �,o wv�ry other ram�dy qiven her�uncNr or no++ or Mr�si`twc <br /> ucistiinq at,_la�w'�r lo+s� a�quity or by 8t�tnti�. Ewry pa+«r or rwdy qiwn b1r aa�;� � <br /> . o! Lb� raam.$alitisi�a:�� to Tra�t�t or S�n�tioiary or ta wYrlich •ith�r o� tl�sa� � <br /> � ,. b�ot�xrt�b�i�dtitl�d, way b��zarais�d, wnaurc�e��y or fndap�nd�nt2�►. frae t� . <br /> to tiar, a�1 �t�r olt�n a� �X 1� d��d sxp�di.+�nt Tby TrustM ar ��ficiws7i �a�ad.. <br /> ' wf.ti�r esf ,irA� �ay pur�u� inaonsiat�nt rw�►�d�i��. Nothing h�r�eilr� sriaLb � <br /> � e�nateued u nrohibieina hn��i.ciar�► �sc�s �efkinq a d�lician�cy fudywrhat ag�a�i:na�� <br /> th� to th� ixt�nt �arh aatio� i� perarl:�ted by lw++. <br /> 13. I�Qtt�ST i�oll t1oT1Ce. Tru�tdrr h�r�by r�qu��t a copy o� a�riy�� notti:c� of <br /> d�tault, and that any �ti.c� af r�l� heraund�r br n+aii�d to tR�sa at tll+� addr�i� <br /> s�e loreh iai tM iir�t paraqraph of this OMd o! Truat. � <br /> 1�. ciOVftRnlitq iaM. Thi• D�rd o! Truse �hKll b� qov�raQd by tt� law� oP <br /> tM slat� o! lhbra�k+t. In t!w �wnt ths�. any provi�ion or c1auN of any o! th� <br /> Loan IaytlrmM�►t• Coqllict� with ayylia�bl� law�� woh conliict• shail aoie ail� <br /> oLh�r prrnri�ions ot �ucd Loan In�trua�nt� wfiicb can M giv�n �fi� Mitbout LM <br /> eoeil�atia� provi�ion�t rnd to thi� �nd, tM gravi�ions ot ths Loan Yn�tsuwwent• <br /> - - <br /> _ _ - <br />