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<br /> 1, Thls conveyance is mAde upon and subjoct
<br /> to the ibrther tcvst that the said Trustor shall remnin in quiet and •
<br /> peaceable possession of the above granted and dacdbed premises and takc the proDts t�ereof to his own use until default � A_
<br /> be made in any paYment of an instatlmLnt due on satd note or In the performance of any of tho covenants or conditlons ;.;.<.
<br /> ' conteit�ed iherein or in this Deed of Tnw�t;and n�se to secure the reimbnr�ement of the Boaeficiary or nny other holdor of � .��-
<br /> � said note,the Tnutee or an�subsUtute wseee of any And aU costs ar�d enpenses incurred. includin�reasonable attomey's ,__
<br /> �. ; fces.on aa�ount of any litigatlon which may arlse wtth respec�to this Trust or witb respect to the indebtedness evidenrxd ��.
<br />_ ..��'.j by said Aote. the pmtection and maintenance of the property hereinabove descrlbed or in obk�inin�possesston of said �';M
<br /> �r�'� properiy after airy sale�vhtch may be made as hereinafter provlded. _-_
<br /> ' `"�'��� 2. Upon the fidi payment of the indebtedness evidena�d by said note and the intera►thereon,tlie payment of all _
<br /> � ather sums herein provldod for,the repayment of a!1 monies advanced or expeuded pursuent to said note or thts I�i� � _
<br /> th
<br /> . � and upon the payment of all other pmpee wsts.charges.comraisslons,and expenses.the above described propenY
<br /> . releas�!and reconveyed to and at the cost of the Tnutor. �
<br /> � 3. Upon default in at►y of the ooves►ants or conditIons of this instrnraent or of the note or loaa agreement secured _
<br /> �. h�y, � gy�¢ficiary or his assigns may without notiae and without resard to the adequacy of securiry for tha
<br />' �� � indebtedness secured.dther personally or by attorney or Agent wlthout bdnging any acdon�e�f�d d'o�auy a�which
<br /> : �` w Is�apgointed by the oowt,enter upon and take posse�on of said pmperiY or anY I� _
<br /> B��ciary deeans proper to protect the securiry hereof, and either mth or wltl�out teking posse�ion of said propertY�
<br /> �,� collect and reoeive the rents.royalues,issues.a�►d pmSts tltereof,Iaclucling rents acerued aad unpaid and a ply the same,
<br /> n
<br /> issuos,and
<br /> less costs of operation and colle�tion,uPen the indebtedness secured by this Deed o enru f•s�h indetite��Exerciss of
<br /> , � profits,being hemby assigued to the Ben�ciary as fuAher securitY for the Pa3'm
<br /> rights under this para�aph shall not cure or waivo any default or notice of default hereunder or invelidateany ect done
<br /> ' pnrsuant to such aotice but shall be cumulative to any right and remedy to declare a default and to cause notice of de.tault to
<br /> �e recorc(et1 as hereinafter pmvided,and cuanulative co any other right and�or remedy hereunder.or provtded by law. and
<br /> , �y � �¢r�i� concurrcntly or independendy. Expenses incurred by Beneficiary herewider including Feasonable
<br /> attarney's fees sball be secured hareby.
<br /> 4. 'fhe Tn�stor oovenants aad agr+ees that if he shall fatl to pay said indebiedness,or aay part thereo�wt►$n a3ue. T-
<br /> „ .
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<br /> . .,,.- OL SbB�I�LO pCffOfIR 8Ay COV*g..t�ilmornalia�8her01rie due. vable.�and collepctlblme�a�he�optio�n�of��neScia�y or
<br /> md�istc;3ncss izcrc+►`Y�•w s..... _.....------• Pa. sud collert the.en3n end ` :
<br /> -- ��,ngardless of maturity,and the BeneBciary or a�&ns may enter upon said p:vperty
<br /> profits thereof. Upon such default in payment or performance,and before or after such entry,the T�ustee,acting in the
<br />_4;�� , � execu¢don of t�Is Tc�st,aft,er the notice of default tias bean recorded,shaq caail a copy of tha default ta each person�ce o
<br /> „>,,,_ ,: rson who l�as requested eaY
<br />�.�. .-�; � psrty to this Insuument,at the adciress set out in tl►!s instnpnent,as�vell as to anY[�
<br /> _°"`"'.:,;�'•. default and notice a�f.sale by recording said mfi�,for uotice wIW the � of deeds In the counry in wlilch this
<br />_°z.��•�.:.�,,:
<br /> -,..=�^��;¢;� • ;nstnument is reoontled,and aRer the lapse of hme wtuch is required bY 1aw er u�ailing the nodce,tt►e Trustee s ve
<br /> �-.F��?�;°'�} the power to sell said pmperty,and it shall bc tlie Tnutee's duty to sell�sald pmperty(and In c�se of am defautt o8 a�
<br /> 4'^��::;`,,,�" iuchaser,to reseU)at pubLc auction,to the high�bidder.first giving five weeks' nottce af the rime,terms.and Place of
<br />��`��:�: such sal�,bY adverttsement not less ihan once during each of said Sve Neeks in a neYVSpai�er rPublished or distn'buted'n�i the
<br /> J..�.� :,.�, oountY or Peliticat subdivislon In wI�ich said proparty is sttuated,and written notice of s�le sbaU be mailed w��A f�
<br />��;;;�;�. " to this instmment at the address set forth hereia,(and the Bene6ciery or anY P�
<br /> �,.- , who is a pariy
<br />�=NY:7'�� g��g�y may bid and purchase at suchs�1e). Such s�le�vUl be held ut a suitable plaoe to be selec�ed by the Ben
<br /> -, �.- • wtthin said oounry or pollHcat subdivlsioa 'fhe Tnrstee is hereby authorizcd W exocute and deliver to the purcl�aser at suc
<br /> � .�''�� sale a su�clent oomeyance of said propert�+.which ooaveyana sball wntain recltals as to the Lappeniug of def�ul3 upon
<br />��
<br /> whieh the executiaa of ttte Po�'er ia f�act tho make�such rea'�tals and to elcearte said ooav��yan�and 1u�1sY cov�i�and
<br /> --°�'`r;��� T�as Ws agent and attoraeY d eyana
<br />�,-„4�;»�� a��t the recitals so made sbalt be bindin$and conclUSlve upun the Ttuscor,aad sai oanv sha11 be �
<br /> v���,.;`_����^. bar al1 eqtnity or rtght of redemption,homestead,dower.dght of app:aisement,a�►d all other dghts and ex ons of the
<br /> - - Trnstor all of wbich are hombY exPr�stY ��d�►d�nveyod to the Tn�stee. In che event of a sale as h�reinabove
<br />��:�..-�'-;.;�, provided,the Tnistor or airy person in poss�sion und�the Tn�stor.shaU then beoome aad be t inan�11�'dmg���
<br /> -'�``'�� shaU forthwith deliver P�on to the purcleaser at such ssle or be sununarilY��P�
<br /> provisions of taw applicable to tenants holcLng ovec. The pawer and agency hereby granted ace couPled with��►terest
<br />��_�;T�� _..
<br />���� and are irnwacable by death or othern�an�any�other ppmp�rta e actlon pnesuant W state or Fedecal statute either
<br /> .__.��r--�-- indebtedaess. The Beneficta�y or Assigns y
<br />�:�.� in state or Federal oourt or othenvise for the clisposition af the property
<br />—.��TC�
<br />_�~�;��_;`. ' S. In the eveM of a sale as provIded in paragraph 4.ths Tcustee shall be pAid a fee by We Beneficiary in an
<br />�t�::��. amount not in aooess of�._Pe�t of the gross amount of said sate or sales,provided,however,tl�at the aniount
<br /> ��r.. .
<br /> r; _. `:, ' of such fe�sha�1 be reasonable and shall be appmved by the Beneficiary as to ceasonableness. Said fee shall be in add� oa
<br /> sha 1
<br /> � W the aosts and expenses i n c u r r e d b Y t h e'P n u t e e i a c o n d u c t i n g s a c h s a l e. T h e a m o w�t o f s u c h c o s t s a nd e x p enses sbaII
<br /> ` . , , deduc�ted artd paid from the sale's prooeeds. It is further agreod that�f said property slaal[be advenised for sale as herein
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