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<br /> ' . � �rgormin9 anY of thQ acte it ia authorised to pesform uader the terms of anq oP ___ - _ _"-__
<br /> .—„�--°,i the � jastru�en�a. �
<br /> '� � � � g. �►�a OP DBFAQI.�. As�y of the following eventa shall be de� an • s '
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<br /> �Y eveat of defau�� hereaaders •. - -- ,.
<br /> �1.r1:;:�'� � _:
<br /> . . �, },'f;� (�� TruaLor stt�ali have: failed to ceal�e payment of aay installmea� 08 4�,_�_ ..
<br /> '.+ ' fato�eat, PrinaipaZ. or priaaip�1. a�id,iatereat or aay other �um secured hete?sy . _ ,i •
<br /> ri> ,. a�;duet or. . ;Y"' �:;
<br /> �i, GOQ@�ri��. ,;=� -
<br /> ;, �y� The�e h�e ccaWrxed a breacti or default und�r a�p.y �Q�rn►v
<br /> '� agreameat, coadition, provf.aiano rePre�tation, or wasra�aty co�tai.rittd f.�anY of . �L �_
<br /> ��f.�e' �lB LOSYl u19tlI�RBAt9� , . �:- � �.._ ..
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<br /> ;t„� i+� 10'. �.i*'-��AT�QGt�f DPON DBFAttLTk ISJJ!?IT ONAL ABHEDZL3&. ShOttld e.�•eveAt of , �� �.-.�.�:_. _..
<br /> default oaaur. BenefY�f.ariee may deaL.3�e:e11 indebtedness e�a�uted hezeby ta be � �
<br /> � :� ;� due an� pa�able• and the aaur� �I��ipoa becorp�•due and payatiile ari�£haut any ��_:_
<br /> � : • r� ` �resentmeia�. 8emand, psotgecf....cr• notice cf aar.y. kiad. T�er the� � -_
<br /> � . .,� . Sea�aficiariea mays ., " ', s.., z -
<br /> .. � (a) Bithes ia pereors or by agea��,:�ritb or without bringissa� atsj�'�d toa�2. --
<br /> ot Dy a seceiver appoint� �y a �� �d without regar ��•
<br /> ���''#' ' ,�of its secmcity. eater upou andi�ahe possesaioA of the Truat 8stat�. rox .:"�—
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<br /> .,y`_i.� aaY 8att theseof� in ft.e cwa neme or i a t h e n a r a e o f T r u s t e e, a a d d a a n y acks: - ;��:
<br /> - �..;.r:;;';:';.. ,-;.:�. .• vohicb•it deema aeaeasazy.�r des3rable to preserve the oalue, marketa�3�fht or , .�'':'�• '-`�r4v,,•} ,
<br /> c + �� seatabfli og tha '�ua� B�'-*:'or part thereof or iate�cest therei,r�;,:•fncrease : '.
<br /> '�'��Y S � �he securily hereof, aafl witb or witha�t taking 'a. •
<br /> .� ` the iacome there�Fsacs.or �- h
<br /> ,:�����;;; `: ^ posaeasioa of !�e ��S��A. �e for or othezwise collect the seuqc�. is�n� ' . ' � :'
<br /> � aud grtsfits thereof, f.ncl�diiv�.:'tbos� Fast due and unpaid► aad ag�ly the 9aizrao ' :. :
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<br /> • t less ctasts aad exgeuses of a�f:oa and colleatioa. i�aclvding attorn��.'s feetc.:,•,,.. ��Y,
<br /> . � • :` nppn aay iadebtedaeae secu� �-.'�Y. all in� such� otder as HeaePfcf�ies mag s�`
<br /> . �,:��.Z deiccasmiae. Tbe eateri.ng upci�';s,�'a3 taking Possesaivan. of the Truet T�t�te.�,ths „", ;�
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<br /> . ` . . �, ,a�y�ecCion o£ such-. reAts, ieea�g and: �rafite and the apPiicatio�a ��reaf aa : •;�;;�., s�:
<br /> ,� :.` ,„ �:' r�hall � �e or Waive ailg,�sult or notice of 8efault hereua�er ra�c
<br /> � ac��r�af.�.;• , ' �' 1��:
<br /> :�, ; : . 4,r�a+L��'t�:.t+ag act dono fis sespanse tic�.mnnch default or pursuant to suah�aa�� `'f� '�
<br /> `!�$.�lifau�'ffi�, notc�iY�atandi:tg�he coatitauaace in posseseioa o� the Trust 8st,��- •t'
<br /> ., , '=;'�: �s the i��cti.on. receipt and applicatiaa of renta, ieeues on psofi'xe.' Trsiat� �;k'J :%::
<br /> ��,' �r os 8eae�iri.aries shal�l He oatitied to exercise every xighx g»covi8e�.�'f ar ia� a»y i-� � L_
<br /> t�,�;� � of the Loaa Iaetxumante or by iaw upon occurreaae of aaY� eveat .� d�fault, ��,�_�..'�_
<br /> 't' ' i r i e lu d i a g t he r f g t� t o e n e r c i s e t h e p o w e r o f ea2e Y �_ -
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<br /> ,:; (b) Cammsace an actioa to foreclose �Aie Deed of• �'t ae a,ccorCgage. : —
<br /> . . - appoia� a receives. or epecifically enforce aAy of the coneiiaa�s h�afi : .
<br /> (e) Daliver to Truatee a writtea�.cloea2a�a��.on of default •anal".�ad for •:��, � � - _
<br /> � � '' � ;��, and e wtit�eu rtotice oP default � eloation to cauee T�Caetor•ia z�@�a3=.:� , ;,�,-, ,.
<br /> -� �� ,���� • ' �' ��,�:�,i�the Tr�avt Sstate to be eoifl, wbich a4a�.a��sue�ee ahall canse to be 8ulp ���.'� ' ��
<br /> ` '.��'�' ' �Cc�r record ia tlee approgriate Offiaial'Il¢acorde of the CountY iA whicb the �'�u't. :
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<br /> ,;, . ... . Satatie is locaeed. :. • '"•,;
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<br /> •;� u� ppgR�qg11� Hy Po4l8R oP sA2,8� Should Senefioiariea elect'.!L^� fosecloae -_ _ __
<br /> ''� ' •.by eaesaise ot the eo�er o a e he ia containee, eenefioierie�s��.�11 aotity . . �,,
<br /> ,���� t�' � '•.'l�vstee a�d e�all depoaiti with Truatee thia Deed of Trumt,sud th�'3,�ate aad suab ' :�L,� ;
<br /> ilc �`��' ,.':; � teaeip�fl and evidence of e�cgenditurea made aad eeaured •i►��bY aa Tsuatee may ` �; ` '�•_
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<br /> �'��td�?s .�. � .•. Ea�_'..trpoa receipti of � aotice from B�r�fB�aiariee. �sus�s��s'nali oAUae
<br /> ft������ ����a ba �recasQed, gvb].i,shed a..•+d' deliveted tio Trastor euch Ha1:ic��f� Etefavl! an8 ..
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<br /> �,ty��,;,�{�, . . :•.�r,rtire og 9alo as:�raa:.sequired by laa en� by thie Deed oF�4�*i�a�• '�$tee shally �;
<br />� � ;.,.��trr . �,�� ,��.����thout flemau� on -�+�or• after such time ae may th�an�ha �a!acNiaeed by lao��.�al- :•.
<br /> • � ,�� i � after secaisdatioa c��a�lt�4��.ae of Defauit an�•af�er Noba�c�eti of SalA haviag �� ;' � ,� r
<br />:, ,. .. '�,�,� . � 'givea ae seguired by.��e sa:21 ehe Trust Satate �ats the tix�r� antl gaLe�ce op eale , ., :`
<br />.,i;r,%..:; .,_ �!�, e lote Ar '`• . ,�.• , �.; ,;�,..
<br /> lixe8 by i! in eueh nctia�:a� eale, either ae �a•�p�le, or in s�aara� �
<br /> y ascele or itema an Trustee �tnali deem exped�az�2s„ and �q.such oa�Das ae i� may ,,_ `
<br /> ,. ,�::�:;;'�?`:�3i� V . �tesmiae. a� public suctioa �o the hf.griasb bidde�. ��sg.���o in la�l money of f ,
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<br /> ::�.':� ", .���•�,�::, � ttae t�aited States. paYable at the ti¢o of aa�.o. '�"S���'�11 deliver ta euct� �. ;..,� , .��.i:
<br /> ' - ��:��� � purchaset or purchasere thereof, ite good and snf�i:t�i+�uu�4 �i�a�or dee8�, cor�veying �• • , �;�r:},�t�U;
<br /> : ..�.t , �. �..
<br /> • the prop�y ao eold, but wibliaub any coveAaat c�s.warraaty, expra�►�s or imPiied. f;,';,
<br /> The rQCitale ia such deed of any mattere or fao� ehali be conalusitr� proot of , � ' ;`.'ri,`„�,�._
<br /> the tru�h�ulneea thereoF. Any person, inclu8ing� without limita�ibnj T�cuator, .
<br /> Truetea, an�l� 8er�efiaiariee, may pvrchaee at suoh sale, and Trustior hereby ,
<br />- . covenante to wtu�enb and defend the title of suah purchaser or purohssess. • . .
<br /> � -� , - (b� Aa may ba parmitted by law, after 8eductiag aii coste, feea, expenses ` : ; �
<br />- •• pp Tst�etAe ettd of tbis Ttveb, �oludiag roste of evidence of title in conneobiort
<br /> � vith eaio. Trus�tee shell apply the pro�eede oP eale to payment of• �f� all sums
<br /> expeaded uaQer the tesmfl hereoY, not thea sepai8, wi�h accr�ca9 i.riterest at � .; .
<br />- 'ir � . �ourteea 114a) parcent por ennum, �ii) all o�her sums zRea secused hereby, an� . • .
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