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<br /> payment of any zent or damages, and upon default in the y ' �`
<br /> •� ��� . ��`�� performance of an of �:
<br /> - .. � the provieiona hereof, Truster agreea Lo deliver auch re�at8 and depoaite to .4;
<br /> . , � �'.;���. Beneficiary. Delivery of written notfce of Beneficiary•s exercise of the
<br /> :�:� . zighta graiated b�+ thfe paragraph THIRD to any tenant occupyfng the Property
<br /> . ': ` � t;};i.: or any portfon thereof �hall be aufficient to requi�e safd tenant to pay said �
<br />-, , ,- rent to eeneficiary until further notfce. �.;
<br />: Y -��y�� FAURTH. If there shall be filed by o� against the Truator any petitian ,`�
<br /> ����_, }w:
<br /> , : ar proceedfng seeking say arrangemeret or compoaition or extension of any sr,
<br /> .€:.:;�
<br /> �` -- . _ other relfef under or pureuant to the Federal Bankruptcy Code or any other .��,>
<br /> ---.- �--- . - aicnilar etakute as ie nasv or herea�ter in effect, or if the Trustor. shall ba '':�
<br /> ,; : r'• ad judiCated ha�krupt or insoivent or any of Truetor'e property �fiall have
<br /> . �� been sequestered and such decree ahall have continued undi�charged aad �
<br /> � �'��' . ttnatayed for 90 daya after the entry thereof, then the whole of Ch.e Note and
<br /> ' ' '= ` iudebtednesa hereby secured shall, without notice, at the option of the
<br /> -: `. . Benefiaiary, become due and payable. ��"
<br /> ;��.:
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<br /> ' �'; ` �'IFTH. IIpan default by Truator in the payment of or ger�ara�nce of the -
<br /> � ' ,�'� terms and coxYdi�aQxn� of the Note, or any rnnewais, mod��icatians or 4� �
<br /> �• � �;;�-��� executiaas thereQf, ��ae payment of any ather indebtedness secui�:d hereby os ' �'�
<br /> � � - � �`���-`�� . in the pez�ertnance of.any a�eet¢ent, ccvenant.or warranty hereiti cantaanecl or --
<br /> —. -�°j-,-t set fe�h 3n an a
<br /> ; y greemex��. or instrameri� executed by Trustor ia cona�c�ion
<br /> " ' �'��'' �rf� �i1e indebtedneas E�i�reb�r securecl� �eneff�iary may decla$e ali sums
<br /> �,:::,,s;;:,: 1
<br /> � �� � •-"�•" secured hereb immediat�� due and p �
<br /> _ ��.>_�;_� y y ga�vable aad the same shall ttcereu on
<br /> ,�'.-;��,; .°.r•:�.,. ��ecome due and payable wa�zvut Is�resentmeut, demand, protest or no�ice of any
<br /> • :� kind. Thereafter, Be��f£aiary may deliver to Trustee a sNrittett d�claration � ;
<br /> t� � ` t of default and demand far �ale. Trustee shall have the gz��er of sale af �he
<br /> ;sfyi�"r�� tiz r•r..r�.
<br /> a_• ���°•�>�. ��� Property and if Benef icaary decides the Property is to be soZd it ahall ;�� -
<br /> :,�����I,�•��»t ,,, , s,,:
<br />�u �a� ��- deposit with Trustee tlLis Deed of Truet and the Nb�e; or notes aud any ot$er 3'`rf'!
<br /> �3�`�,: ��r,x�,�..,_, , y�:;
<br /> ����J��� �,e._:,;. �documents evidencin g e x�aditures secured hex e�a.��.`. and s ha l l de l iver;;,;to , �
<br /> .;na�..,r,+:� y .
<br /> , �;�;n: .- : Truste� a writtea notice u� 'default,aad el��etion 4�+��caus� .Che Propert� 1�;�� �.t�.
<br /> '�.;,3 << , sold, a�d: Truetee, in ��, shall prepa�. a similar �=��ice in th���:��,�rt. __
<br /> � require��.� law, which sPr.�l he �duly fi,��,for �ecord by .�ustee >
<br /> ry,Jf; _ , � , ; �,. �.
<br /> � :.�,��.�- ta�Y:�. After the lapse of s'�u�& time as may be required 3ay� '., �L�cs�sing � -
<br /> � . ��' ; 4 t��-�ecosdation of Ll.vtice of Default, and notfce o£�_�11�a�b�d Notice
<br /> �.�. `.;� of���a:�.e havin be�. `�iven as re ired b law, Trus��e;�:swr.z�hou� deinanr� on ���
<br /> � 9 � �N� Y , ,�.r.
<br />'� ; ��� ��`:�:yY� � Tru�tflr, shall seJ:��'�the Property hereinbefore d � �^,;'`4� d,_� and any and — _
<br /> ,� � �: ,� everj� gar� ,t#�r�ci��;��in separate parcels or � rta,�s�`.�s ths�,��uatee may
<br /> . . �� ' elect and �. suct�,ca�der as Trustee may.de��i�a�i�:ox�',nhe da�',�nd at the --
<br /> `�-'`•` time,�nd pl��ce; d�3�ated in said Plotice of",��e, ��.` ub],�u: c�uctiozs, to � �°�
<br /> , ,_4: .. --_-
<br /> _ f � t4ie is���est �bidd�,� �he purchase prs�� payabl� in ��,.in�7�,�.vx�u9. �y
<br /> '; ,�� of��:.�� United Sta��?,at tlhe t ime tir� �eale. The p��,±�o�����;�he =_-
<br /> . ���:�•,y eale• may, for any, cause h�,�or she deems expedient,'���ua�t�i��� .�,�ce sale �_:-
<br /> ti '. , ,, ;;;;,,;;,, fsom �ime to time until it sliall be completed and, in ev�u�°'�ch case, ��:-?
<br /> ,:f-°�� notice of postponement ahall be given by public declasati�sn�•�hereof by �
<br /> _ ,__�1,� � auch pereon at the �tnme and place last appointed for �iha� ea1e; provid�a, � �.�:
<br /> � ,'...-,� , �►; if" the sale is pmst�ooned for longer than one (l� �a1a�g �beyoncl the day ��,
<br /> '�+�� ��° � designated in the 'Notice of Sale, notice thereaf s�aa7lg be given in fihe �;
<br /> �r.;',�!`�. . .r.,• ��.-.
<br /> .�r,;:s.,�:,,:,�y;������;t;..; same mannes� as the original Notice of sale. Truste� eh�].1 execute aad �
<br /> � �a�Y•��., deliver ta►��Dae pu��haser it� Deed conveying the psa�perty so eold, but
<br /> , ;... ' :;,ti;s'
<br /> ; .r, ::-��- f without any �oveana�a� or warranty, expreae or fmpla��. The. recitals in
<br /> � � � �'��� E' tl�e D�ed o� auy ma�tera or facte ehall be concIlwsive preaf of the
<br /> `�,'..c: °:l:lr` :ti15
<br /> -';':�;;?s� " truChfuln�o�. thea�e��. Any peraon, including �vithout limitation, ,
<br /> �. ... .
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<br /> --. �� ����r � Beneficfary mr Trustiee neay purchase at the sale. Said �ale shall be
<br /> . • .,.:i,�:����'� .
<br /> : �•i;.,;.:•� coa�ducted at the 'real eetate forming a part o£ the Froperty or at the
<br /> �,� •;
<br /> . ' ��.1`��':`�;`� court house in the county in whirh the Property to be sold, or eome part � .
<br /> ' " `� �'# thereof, ia eituatea.
<br /> ' : ��::
<br /> :;i��;�'�4�„� �
<br /> :.t� ,,
<br /> � ' ` (b) When Truetee sells pursuant to �he pov�era herein, Truatee ahall
<br /> . . � •• apply the proceeds of the eale to payment of the coata and expensee of
<br /> :, .� � . . exerciefng the power of sale and of the eale, inclucling, without �
<br /> . . • �: limitatinn, the payment of Truatee�s feea incurred, which Trustee'e fees
<br /> .� ehall not in the aggregate �exceed the sum of Pive Hundxed and ao/1bOtP� r
<br /> - ' Dollara �$500.00) plus 1/2 of l� of the amount secured hereby and � �'��•
<br /> '� � �:z,:;
<br /> '� � ` . " � " remaining unpaid and then te the items set forth in aubparagraph (c) of
<br /> �''"'`�� thie ara a h FIPTH in the order Cherein atated.
<br /> . r:'•,;: P �' P
<br /> - =.�-�.;��;;�. -
<br /> �`''�����. (c) After paying the items specified fn subparagraph (b) of this
<br /> .. -� � paragraph FIFTH, if the aale fe by Trustee, or the proper court and �"
<br /> _ � other costs of foreclosnre and sale if sale fa pursuant to judi+cial ,�
<br /> - � �_ � forecloeure, the proceeda of sale shal]. be applied in the order etated .
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