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<br /> - (d) a writ of execution or anachment of any similaz prcecss shall be entered against Trustor which sball � .
<br /> . �. become a lien on the Trust Estate or any portion thereof or interest therein and such exuution, attachment or similaz '"`;.
<br /> process of judgment Is not relcued, bonded,satisfied,vacated ar stayed within si�ty(60)days after its entry or levy; '�=t-
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<br /> .."� (e) there has occuned a breac�of or default under any term,covenanc,agnemsnt,condition,provision, `�
<br /> � q• representation or warranry contained in tuiy prior deed of trust or mortgage affecting the Trust EscatB. ��`=�—
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<br /> .;•.,;;.;,� , ,� 10. ACCELERATIONS UPON L�EFAULT;AD�UITIONAL REMEDIL�S. If an event of default occurs.Beneficiary may _ .
<br />' '��":;��,.::°�:•''4''c;'` dcclare the Indebtedness secured hereby to be cl�e and payable and the same shall thereupon become due and payable
<br /> ; without any presentment,demand,protest or na�ice of any kind. Thereafur,Beneficiary may: -
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<br /> (i) either in person or by agent, with or wi�hout bringing any actton ar proceedln$, or by a roceiver "��=`==
<br /> ,` � appointed by a court and wlthouc regard to the adcquacy of ita securiry,enter upon and talce possess�on of the Trust �=
<br /> ' . �' Est�te,or any part theteof, in its own name or in the nune of Truata,and do my acta whlch it danu necessary or =____
<br /> s�• desirablo to preaccve the value, marketabillty or rentebility of the Trust Estate, or p�n thereof or intere�t therein,
<br /> incnxse the incoma thereirom or protcet the aecurity heroof und, with or without ukin�possess#on ot the Truet _
<br /> �� Est�te, �uo for or otherwlae collcet the n�ta, iauca �nd profit�thereof, including those put duc�nd unp�id, uid
<br /> ; Apply the same, less w�ts and expenses of opention and coltecUon lncluding attomey's fa�, upon any
<br /> indabtedness �ocurod hercby, all in such order �a &neflciuy tn�y determina Tho entering upon uxf t�icing
<br /> ' � posuasion of the Trust EstAte, tho cnllection of auch renta, ia�ues md prdfite �nd the applicatlon theroof �a �--
<br /> ��� afareuld�hall not cure or waivc any d�fault or notice of dcfdult hcreundcr or invalidnte any act donc!n�esponae to r��
<br /> such default or punuant to such notice of default and,notwithatanding the continuana in posseasion of the T�vst
<br /> Fstate or the callection, receipt md application of renta. iawe�or protit�, Trusta or&neCiciary ehall be entitled to G
<br /> exercise every righc prov[ded for In any of the Loan Instruments or by law upon occurrence of eny eve�at of default, —
<br />_, . includiag the right to exercise the power of sale;
<br /> (li) commence ui action to foreclose this Deed of Tnut es a mortgage,appoint a receiver or specifically
<br /> _____,_ _ �nf�rce any of che convenanta hereof;
<br /> ,r. . (lii) deliver to Trusta a writtea declaratton of defa�lt and demand for sale and u writtca noticc of default
<br />;. . and elxtton to cause Tivstor's interesc in tha Tcust Estate to be sold,which notice Trustee ahall cause to be duly filed
<br /> � � for recard in the appropriate offices ot the Counry in which the Tcusc Estate is located; or ��
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<br />- • (iv) exercise auch othcr rlgtats or nmedies at law or in equity.
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<br /> Y" "`�' 11. FORECIASURE BY POWER 0�SALE. If Beneficiary elects to foreclose by exercise of the l�ower of Sale =—_
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<br /> ��+'���w�� henin wntained, Beneficiary shall nodfy Trusta and shall deposit with Tcustee the Second Dad of Tnut and aay note
<br />'��`•'�" ���t' evidencing tho Indebtedncss and such nceipu and evidence of expeuditures made and securod hereby as Tcusta tnay
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<br /> �-...�4= ;',�:,;., (a) Upon receipt of such notice from Beaeficiary, Truatec shell cause to be recorded, published and
<br />-�"`�%�� deliveral to Truator such Notice oP Default and Notice of Sale as then nquired by law and by tbie Second Deed of
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<br />-�' -•'�• • Tcvst. Trusta ahell without domand oa Trustor,after such time as may then be required by law and after rocordatton
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<br />_.��b�;•,;;���- of such Notice of Default and aftcr Notia of 5ale having ban given as required by lAw.aell the Trust Fatate at the
<br />-.--:_sy.��" � time�nd place of sale tixed by it in auch Notice of Sale, either as a whole. or in separue lots or parals or itetns es
<br /> -`•-�:'"�'• Truata ahall dam expedient.and in such order as it may determine,at pubiic auction to tbe highest bidder for cash
<br />-��°`�;��:'�;:,t in lawful money of the United States payable at the t{mc of sala Truatee ahall deHver to auch purchaser or
<br /> —='.�:.��;:.:' purchasera thereof its good and su�clent dad or dads wnveying the property so sold, but without eay covenant
<br /> --"''�•''�" or warranty expressed or implied. The recitals in such dad of any mattcrs or faccs sbal! b�concluaive proof of the -
<br /> �ti�'.:,;:��.�' :. truthfulness thereof. Any person, including without limitation Trusror,Tr�stec or Heaeficiary,may purchase at such
<br /> �_�':-° salc. -
<br /> --:�N. . (b) As may be permitted by law.after deducting all costs,fas and�xpenses of Trustee and of thia Tcust,
<br /> _—�•�--•• includiug costs of evidena of tide in connection with eale,Trustoe shall apply the proceeds of sale to paymeat of(i) `
<br /> .._�"c�F;.'_ the Indebtedness(ii)all other swns then sec�ued hereby, and(iii)the remainder,If auy,to the person or persons �
<br /> ;..,,�'�^�,;,� legelly entitled thereto. �°
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<br /> ' • (c) Trusta may in the manner prov(dal by law postpone sale of all or any portion of thc Tcust Estate. `���
<br /> ' � x 12. REMEDIES NOT EXCLUSIVE. Trustee sud Beneficiary, and each of them, shall be entitled to enforce --_
<br /> � payment and performazice of any indebtedness or obligations secured hereby and co exercise all rights and powers under �:,s;,:�
<br />— this Second Deed of Trust or under any Loan Instrumeat or other agreement or any lawe now or hereafter in force; �, •;:�';��`
<br /> notwh6standing,some or all of the such indebtedness and obligattons secured hereby muy now or hereafter be otherwise '`'!":
<br /> secured,wheWer by mortgage,deed of trust,pledge,lien,assignment or otherwise. Neither the acceptance of this Second ;�.'�-�
<br /> Dad of Truat not its enforcement. whether by court action or pursuant to the power of sale or other powera herein � ���
<br /> contained, ahall prejud{ce or in any manner affect Trustee's or Beaeficiary's right to realiu upon or eaforce any other _
<br /> , securiry now or hereaften c�ld by Trustce or Beneficiary, it bCing agreed that Tivstee and &neficiary, a��d each of them, �
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<br /> °- �� shall be entitled to enfora this Second Dced of Trust and any other security now or hereafter he(d by Beneficisry '
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