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<br /> (a) I'c�ilurc to pay any instpllmcnt of princi�pal or intcrest or any ot cr sum sccurcd ti,_,
<br /> hcrdry whcn duc;
<br /> � (b) A brcach of, or defnult undcr, nny provision contnincd in thc Nota, this need of
<br /> � Truse,any of the I.oun Instruments,or any�other lien or encumlxence upon thc E'roperiy;
<br /> .�.
<br /> ° (a) A writ of exesution or attnchment,or any similur prcxxss,shull be entered ugainst
<br /> ,��:w�s�'It' Trustar which shall b000me a tien on thc Aroperty or any portion or interest tharcin: __
<br /> '1.N1�•J� __.
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<br /> (d) Thcre shutl bc filcd by or against Trustor or Bonuwcr an action uncicr nnY p�cs�n1 .¢_
<br /> or f�turc federal, state ar otlticr ctatutc,lnw or rcgulation rclating to bankruptcy. insolvency or �_
<br /> other rclief for debtors,or therc�skall bc nppointcd i��r'�i�ofits,thetoof, arf Trustor or `�
<br /> Borrow•er or of all or any part of tt►e ProperiY. �'.
<br /> ' Bonow•cr sl�all mnkc any general assignmcnt for the benefit of creditors; � -
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<br /> �' (e) The sale,uansfer,assignment,oonveyana or further encumbrance of aU or any part ��_
<br /> � `� af or any interest in the Property,either voluntarily or involuntadly,without the express written
<br /> `� conscnt of Lender or as othenviae herein perati.tted;or °__
<br /> � (� Abandonmcnt of the Properry. �.
<br /> ,•
<br /> � i� 12. R�medies Acceleration Uoon Default. In the event of and Event of Defuult,LCnder may,witlaut ��,;:
<br /> ' '"�#:�, notice cxcept as required by law,declare all indebtodness sec�ucd heteby to be due and payable,und the samc�r ----.
<br /> thcreupon beoume due and payable��lth�u►anY Prescntment,dcmat►d protest or notice of any k�• 'T�► � �`
<br /> ' Lcnder rney: [:''.
<br />-" 1 ' (a) Demand that Trustcx e:cercise the POW�R OF SALB ganted hercin,and'Trusta
<br /> ; �,
<br /> �`. ;�. shai! thereafter cauae Tcustor's interat in the Pro�pe�tY to be sold and the proceeds to be _
<br /> _. . .. distributed all in the munner provided in tbc riwi:�,:a���i�"ct;
<br /> '•�;. .
<br /> (b) Hxercise any and all n8hts P�ov�d�d for in thc Notc,this Deod of Ttust or by law
<br />��' :.: upon occuaena of any Event of Default;and
<br /> �-:f..,••f+.:.:
<br /> °��''"'��`. �•° ' (c) Commencc an uction to foreclose thls Deod of Truat as a mortgage, eppohtt a
<br /> '` `•„v`e':'.�} '
<br /> �r,� ,._ . ce�e�Ytr Qr�e;,ocifically enfora any of the covenants hereof.
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<br /> s.r,,,..: :Y, No xemedy hecein conferred upon.or rezecvod W,Tnistx or Lender is inundod to be�xclusive of any other re
<br /> ""�; ,. � herein, ia the Note or by law prm�tdod or permittod-but each shall bo cumul�tive.st�all ba in addltion to every
<br /> "-''-�-�•�•����� othcr remedy given hcreunder,in thc Nou or now or hereatt�r existing at law or in oquity or by statute,and may be
<br /> -�".''�'�� ndentl or suocessively.
<br /> ._;:;,•�:�� execcisod aoneurcently.indepe Y
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<br /> r,;,oa�::�;�"`�►�� 13. T�r t.�. The Ttustee may resign at u►y time without cause.and Lendec may at any time aud without
<br />-::"-,rr_�,� incl�ding, without
<br /> ��'_ , cause appoint a suooesaor or substitutc Tnistee, Tn�stee shall not be liable to any pariy, '
<br /> �.=:�;;i�'� I{mitatl�on, Leader, Bonower, Tcustor or uny{xuchaser of thc Property, for any loss or damage unlera due to
<br /> ","3;��t cxWass or wilifiil misooaduct,and shall not be required to take any action in wnnectlon with the enforameat of
<br />�';'`''"4�^�"r this Deod of Trust unless indemnified,in writing,for all costs,compensadon�r expenses which may be asaociated
<br />--'��!*.� therewith. In addidon,Tcusta may b000ux a purchases at any sale of the Property(�udiclal ot under tl►e power of
<br /> ' �"���� sale grantod hcrein);jwatponc the sale of all or any portion of the Property.as Provided bY law;or sell the Property
<br />=A- as a whole.or in separate pacats or lots at Trusta'a discredon.
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<br /> -� °• 14. Fees and Bxncnses. In the event Trustee sclls the Property by exercise of po�wer of sale,Trusta shall
<br />'°Y�:`���� be entit(ed to apply any sale procsals first to payment of all oosts and expcnses of exerclsing power of sale,
<br /> � �;,: 'i including all Trustec's fees,and Lendsr's and Tcustee's attorney's fees actually incurred to the oxtent pernnittod by
<br /> ';�. . , apQl�cable la�w, In tMs event Boaower or Tnutor cxercises ai►y right providod by law to curc an Event of Default,
<br /> Lender shall be entitlai to reoover from Trustor all oosts and expetises actually incurred as a result of Trustor's
<br /> default,including,vsrithout limitation,all Trustco's and attorney's fas,to the extcnt permitted by appliqble luw.
<br /> � 1 S. Futuce Advanee.s. Upon ccquest of Borrower,Lender may,at its option. malce addidonal and future —
<br /> advanoes and n�dvances to Bonowcr. Such advanas and readvanccs,witl►interat therean,stiall be secured by _
<br /> , � , �'' this Dad of Tnut. At no time shall the princ►pal amount of the indebtedacss securod bY this Deed of Tn�st, not _
<br /> • M,,'..;- including sums ach'anocd to Proc�x:t the securin'of this Deod of Trust,exaxd the onginal principal amount stated =
<br /> .�r• :__. herein,or S 3�,000.00�y�chcver is gceater. _
<br /> , I6. �llancous Provisions. °
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<br /> (a) Borrower Not Relcased Extension of the time for payment or modification of amortiration �.
<br /> of the sucns sccured bY this Deed of Tiust granted by Lender to any successor in interest of Borrower shnll not �
<br /> • operate to celease, in any mannec, the liabiliry of the original Banower und Borrower's succcssors in interest.
<br /> L.cnder sl�all not be requirod to commerwe proc�d►ngs against such suocessor or refuse to estend pme.or payment
<br /> or othcnvise modify amortization of thc aurns sccured by tlris Dced of Trust by rcason of any demands ma�de by the
<br /> original Borrower and Bonowcr's sucoessors in intcrest.
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