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<br /> 10-08-1998 . �'✓.'�f��9 DEED OF TRIJST PLgo 8 '
<br /> � Laan No 9817b3 (Conttnued) ��
<br /> may,but shell not be roqulred to,permit the Quanntofa astatY to tt9uma uncondlNonelly the obltgatlons arising undet tho guaranly in a
<br /> � manne►satfsfaotary to Lendor,artd.In doing so,oure the Bvent of 094au1t. �
<br /> InteauAty.Leader in gaod taith deems 8sett fnsaoure. .
<br /> ' • Odstirtp lndebtednese.A def8uit ehail 000ur under any F.�dstlng irtdebledness ar under any ir�atrument on the Prope�ty socudnp any Exlsting
<br /> Indsbtedness,or commertcemen!ot any suit a other aoHon to torectose any exxlsYUrtg Ilen on the Proporly.
<br /> RI�to Cure. It suah a fallure b ourabte snd tf Tnutor hes not been phren a notice o}a breaoh of the same provislon of thls Dead ot Ttust •
<br /> wllhin the preceding twetva(1�months,ft may be cured(and no Event ot Oetautt wiQ hsve ocaurred)It Tnistor,after Lender sends written ;
<br /> noUoe demanding aure o}suah fnflure: (a)aures the faNure within ten(10)days;or (b)If the aure requfres more than ten(10)days,Immediately , .
<br /> inldates stepa suHident to aure the ialiure and tharecifter aonUnues end oompietes elt reasonebfe and necessary staps sutflcient to produae �
<br /> are � ;!, ,,
<br /> ,.. oompltance as soon es reasonabty praaticat.
<br /> � ' RIGliTB IWD REMEDIE3 OH�EEAt�.T. Upon the xeurrenco ot any Event af DetauR and at e�y tlme thereafter,Trustee or Lender,at tta opdon, ' .
<br /> � may exercisfl any one a more o41ha fcliowing dghta and remedles,in additbn to sny other dghts or�emedies proNded by lsw: •••��
<br /> ,,: ..
<br /> AceetereUon t��n�efato�AdditlonN Remadlaa. If any event ot defauft occurs as per the terms ot the Note seoured hereby,Lsndar may '''����:��
<br /> dedare efi Indatatadrtess secured by this Deed of Tnist to be due and payabl�and the same sAail thereupon become due and payable without ---- _
<br /> any preseMmen4,damand,Drotest or notloe of any klnd. Thereafler.t.ender may: �,�-4
<br /> � (a) ENher in person qr by agertt,with ar wiThout bringing any adlon or proceeding,or by a recehrer appoMted by a court and without ��`�''`
<br /> repard to thg adequacy of tls seourily,enter upon and take possesslon of tha Properry,or any part thereof,in ita own nsme or In ihe nsme
<br /> t� o}TtWt�e,sncl do any ac19 whbh ft deems t�ecessary ot desirable to preso^re th9 velue�marketabllHy ar reMability of the Propsrty,or part
<br /> ,:.,,:
<br /> • �? � s., of ih�Pro�rly or IntBrest in the Properiy;inaease the irtcomo hrom the PropeAy ar proteat the securtly of!he Properly;and,wlth or without —°—
<br /> •' .; r°;;,�. teking pmasssstcn of the PropeAy,sue br or othernASe coAeot the rants,IsSUes end proflts of the ProPerty,including those past 6ue and __„_.__
<br /> � '"��•� ` vnpeid,and apply the same.tess cosb and e�enses ot o�erallon�nd collecUon.induding attomeys fees,to any indebtedness seourod �_-
<br /> --=�.:•�;; ,
<br /> ;q�+,;; - ----���� ., mis i>ae.d m irysi,e�i n sucn oMer as Lender may determine.The enterirq upon anp taking posse5s�on ot ma rroperty,tne conecnon �z:�-�p�
<br /> , ��� �st�oh nnts,Issues and proftts,and ths applfc�tlon thereof shati no!oure a wetve arry defauR or rtotl6e of default under this Deed of Ttust -
<br />- or Inv�lidate any act done In respanse to suah defauft er pursuent to suoh notice of defaul�and,notwithstanding the coMfnuance in �"45�;�r
<br /> ' , i possesslon ot the Propedy or the cotleatlon,reostpt and epplbaHon ot renls,fssues or profils,Tn�stee or Lender shell be entltled to �":�.+,�,.�°�
<br /> E exerc�ietnroryr dght provtded ta in the Note a the Retated Doaumsrns or by taw upon the occurrence ot any event of defauft,tnduding the °'
<br /> dght fo exe�cise Me pawer of saie: ��°.�"'..
<br /> ., � � ) Commetae an edlon to toneclose this Deed of Trust es a matgaee,appoiM a recehrer or spedfkelly eMorce eny of the covenanls ���' -
<br /> . . �b �_��*�
<br /> .. , �� t1Bt80P 8nd '-
<br /> (oy Oelh�er to Tnistee a w►itten dederatlon ot detault and demand for saie and a wrltten notiae of datautt and eleotlon to cause T►ustors ..'"�•
<br /> o e
<br /> interest tn the Prope�y to be sotd.whioh notice Trustee shatl cause to be duly flted for record In the appropdate otAoes ot the County in u���'
<br /> .,:. � whbh the PropeAy b lae8ted:end -.-'�-
<br /> 6,
<br /> ' �;�„ (d) Wlth respec!to ell or any pert of thA Personal ProPs�tY�Lel�er 6haN have aU the dBMs and rert�9dies of a secured pariy under the
<br /> , • - :. , i�bre:lce U.nHatm Gomrnerdet C;ode. . _
<br /> �,5 r: ' FareeloaurobY�Power o!Sate. if Lender eiects to foreolose by exerdsa ot the Power at Sets herein contelned,tsnder shali aoUfy Tnistee and -
<br /> �, shY depos(t with Trustee this Dead of TYust and the Not9 and suoh reoetpts end eNdenoe of e�endRures made and secured.by this Dead d. ��.-.
<br /> �:.:�-
<br />_s;;;.i'. 3•. Tnet es TNStee may nqutre. • --
<br /> � (a) Upon recetpt at suoh notke irom Lsnder,Trtutee shalt cause to be reoorded,pubesh�d and deltvered to Trt�stor suoh Nofipe ot Gefault
<br /> • �' and Notice of Saie as then requtred br taw and by this Deed of Ttuaf. 7n�stee th�0,vdthouf tMmend on Tnistor.after auah tltne as msy
<br /> Men be requked by taw and after rnoardatlon ot woh Notiae ot Oat�uit and atter NoUa o!Sate havtnQ:baen ptven as requfr�ed bY�w,seli,
<br /> � Ttust�eh�sll�de�m����p����by ft In suoh f�otlo�ot�Sele.elther as a whole,or In separate Iots or percets ar ma as
<br /> expediant,and in auoh order as M may d�n�.at Dubib audion!o tbo hiphest bidde►tor essh in IawtW monay of
<br /> � the Unfted States payable at ths Ume of aele.Tnistee shaN Oeqvrto wch puroheser or pwohasae thereof tts good and sufflcleM dsed or
<br /> �ds ootnreyin9 th�Pro�orly so sota.but wftltout arry covenant ar w�rr�nly.�orAress or ImpUod. The redtels U suoh deed o!any maite�s
<br />- . a taota shall be conoluslve proof ot th�1MMutnsss ths�eoL My ptson,Iroludinp wNhout Nmitatfon Tn►stor.Trustss.or Lander.maY
<br /> . . . �' purohase st sttoh eote.
<br />-,:�; ,'. (_b) Ae may ba pamltled by Iew.Mer deduCUnp eU t�sts.fees end�ot Tcust06 end of this Ttust.induding aosfs ot eNdeixs ot
<br /> �;�,- uoe in aonneotlon with sate.Tmstee shea apPly the proaeeds ot sale to payment ot N alt sums a�ended under the terms of this Oeed ot
<br />__,���. , � ' Trust a under the tarms M the Note no!then repaid.l�ctud6p but not t!e#ed to aoaued Interest and late charpes, pn ell other sums then
<br /> , s e o u r e d h e r e by.an d (N)t h e re m a tn d e r.i f enY�t o t t�e p e r g on or p e�s ons I e p a U y entlUed thereto.
<br />:ti " ;�, (o)Trustee may In the manner prodded by law pastpone sale at e�or any podton ef the Property.
<br /> � " Remedles No!F]tclueire. 7natee and Lsnder,and eaoh of them.s1nN be enGped tv entoroe payment and peAamance ot any Indebtednsss
<br /> ' � or obllpatlons secured by tNs Deed of TNSt and to exerdse aU dght8 artd powe�s under this Deed ot Tnist,under the Note,under arry ot the
<br /> Related Dxumems.a under en other agreement or any Iaws now a heneaRer In foroe;noMrfthstandinp,some or aIi of such Indebtadness ----
<br /> - and obiigatlons seaured by thb�eed ot Trust maY now or hereafter be otherwise secured.whether bY m�0�.deed ot trust.Pledpe�Oan. __ ---
<br /> .`' . esslpnmeM or otherw�e. Netther the acoeptancs ot this Deed otTn�at nor its eMorcemen►.wheMer by couR adton ar purauant to the power ot -
<br /> ��;;r t r,�. seie or other powera conTeined tn thla Deed ot Truat,shail prepolce or In any menner affect Tn�.steeb a L.enders right to realize upon or _ -
<br />� � ',:x`:.'�� eMOme amr other secwity now or hereaRer heid by Tnistee or Lender,R bek�agroed that Trus�e and Lender.and each of them,shait be -
<br /> er�itled to eMorce thb Daed of Tnist end arry other seaurily now or herea8er hetd by tander or Tnistes M such order and mannet aa they or -
<br /> " ,•t��� efM�er of them may t�thefr sbsoluta dis�x�eNon determina No remedy confened upon or rese�ved to Trustee ar Lertder.b intended to be _
<br /> . . ' �� mcdusive ot ar►y other remedy In thia Deed ot Tiust or by law provlded or�ermitted,but each shaU be cumulaUve nnd shall be tn additlon to --
<br />;.. • � � , every oiher remedp givan irt thls Oeed of Trust or now or hereafter eocbtl�+g st tew or in equity or by sffihde. Every power or remady given by the __
<br /> ' Note or amr of fhe Reiated DocumeMs to Tnutee or Lender or to whbh either of them may be otherwise enBUed, may be exeroised.
<br /> : concWrer�tly or Independently,trom tlmo to 8me and es often es may t�e,deemed expedler�by Tnistee u Lende�.and either of them may �„__
<br /> � .. ..Qtps,ue Incot�sisteM remedies. Nothinp In this Deed of 71rt�st ehat3 be conshued as prohibftlng Lender trom seekin8 a deeclency JuOQment `_-__-
<br /> .,qpainst!ho Tru'sttor to the eodent such ectlon Is permittad by law.. . -
<br /> :: � �teqtteat For Nouce. M�.stor,on beheH of Tnistor and Lender,heoeby requesls that a wpy of any Notice ot Detault end a oopy ot any No�ae .�-�_�
<br />=.':'�.;�;. ' of 3ale under this Oeed of Trust be mellad to them at the addresses aet forih in the flrat para9rePh of this Deed of Tcust �_.-----
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