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<br /> (b) Tn�stor�t�ll perform any act In bankrupiay; or
<br /> � ' (c� a court of competent Jurtsdiction shatl enter an order.fudgem�rit or decree approving a patitton flled
<br /> . � � agatnst rusWr seeking any reorganizatton,dissatution or similar re�lef under any present or future tederal,etate or �
<br /> other statute, !aw or regutation relating to bankntptcy. Insolvency or oiher reliet for debtors, and such order,
<br /> „ �udgement or decree shall �emaln unvacated and unstayed for an aggregate of sbcty(60)days (whether or not �_
<br /> � consecutive)from the flrst date of entry thereof;of any trustee.receNer or!tquldata or Trustor or ali or any part of -_
<br /> � �`:� � the TNSt �staate.or ct sny or all of the royaities,revanues,�ents,lssues or pr o fl t e thereaf,shalt be appotMed without =_
<br /> � �� ; the consent or acqt�►escence of Trustor and such appolntrnent shall remain unvacated and unstayed for an _
<br /> "�'r aggregate of sixty(60)days(wheiher or not consecutNe); ar
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<br /> - . .i f��,;;; (d) a wrft of executto�e�,r attachmeM of any slmiiar process shall t�e er�tere�d agalnst Trustor which shail
<br /> . -��;;;���; !�^come a Iier� on the Trust �sts4�ot any portton thereaf or ir�erest thereln aRd stx�h qxecuttan,attachment or
<br />_��� �::,��.�`�';:::�ti:'ti}`. similar p�ccess ot judg�m�m Is nat reteased, bonded,saUsfted, vacated or stayed within sbcty (60j days after its
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<br /> (e� there has occurred a breach of or defauit under any term�covenar►t. agreemeM,condltlon,proviston,
<br /> . representaUon orwartanty contained in any pflor deed of Wst or mortgage affectingtheTrust Eatate.
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<br /> , °-`�"' �0. A�ceteoadan up�n Daf�ult;Addltlorre!Remedie . If an event of defe�lt acc�rs, Beneftclary may declare .
<br /> �' the Indebtedness aecured hereby to be due and payabte and t�e eame shail thereupan become due and payabfe w(thout
<br />- sny preser�tment.dernand, protest or no t tce o f any k i n d. T herea i tet,Ben o fl c i a ry m a y:
<br /> • g - (I) efther in paraon or by apen4� with or without brinpino any aatton or proceedtng, or by a receNer
<br />' appoln�ed by a coud and without tegard to the adequacy of ita secu�. enter upon and take possesalon ef the
<br /> - T►ust Bstste, or any thereot. In tta own reame or In the name o! rustee, and do any acts which it deema
<br /> �' necessary or deal�to preserve the value� marketabUiq/ or rernability ot the Trust Eatate, or part thereo!or
<br /> Intere9t thareir�.increase the irtcome thereirom or protect the security hereot and. with or wlthout takfnp possesffion
<br /> ot the Tru�Estate. sue br or otherwlse collect the�eMs.Issuea and proflts thereot,Inctuding those past due and
<br />�X .', . unpaid, and aPply the same„lesa costa and expenses ot operatton and cdlecUon Indudfng attomeys'feea,upon �,
<br />= ��� and Indebtedness secured hereby�all tn such order as Benefictary may detertnine.The eMering upon and taking
<br />`,'��� �� ;= posseasicn of the Tntsi Estate, the cdllectton o!such nnts,fssues and profits and the applicaiton thereof as
<br />- _ - etcxess4�+sh?ii r�ot�ure or waive euiy cieiat�t or�tlas aS�stat�ilts�ns=dar ar lmr�!ldste sn•�as��Qns 4si s�nes i� .
<br />?�:�ti �''� such defa�dt or pursuant to such rtotice of detauit and,nothwithstandtng the coMinuance in possession ot the ��ust
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<br /> y���-,.>• Estate or the collecilon.recelpt and appitcation of rents.issues or proflts.TrusteQ or 9eneflctary shall been enttUed
<br /> -'_��;�`w'"' ro exercfse every Nght pro�+ided for in any of the Loan Instruments or by law upon axurrertce of any ever►t ot
<br />�`�-'''"°��=--'� defauit,i�dudingthe dght to exercise the power of eate;
<br />=,�as.�:1?5�1'�'� .
<br /> ----- p!) comrrtence an ac�Stan to torectose thls Deed ot Trust as a mortgag�.appoint a recelver or spectflcally
<br />='='��''::� e�orce any of the covenaMS�reof;
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<br /> •F�� pti� delNer to Tru�tee a written declaraUon of detautt and demand for sale and a written n�tice of default
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<br />=���_�=_���::c:.�� and etectlon to c�sase T►ustor's interest In the Trust Estate to be sotd,which cbiice Trustee ahall cause to be duiy
<br /> �"�����`�? ftled tor secord Tnthea�proprl�te offtces of the County in whlchtheTrust Estate Is la�ted: or
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<br /> -_- Qv) exerdse sucb oiher rtghts or remedies at law t�r in equity.
<br />� �� 11. Faec►csure by Power of Sale. If 8ene�ctary elects to foreclose by exerds�of the Power of Sale hereM
<br />—=r�T-�- coc�tatned. Bene�clary sha�l noiify Yruatee anut s4�ali deposft wfth Trustea thts Sacond Ca�ed cSf�Trust and any note
<br />�__����—� evtdencing the Indebtednesa and suah recelpts and evidence of e�cpendtture�made and secured hereby as Tntstee may ,
<br />=:«;��w�� require. , . . .
<br />=_—�_-��.�° (a) Upon rec�ipi of�such naUce irom Benefldary+. Trustve shall cause to be reconied, pubtlshed and� . .-.
<br /> �' -� deiNered to Tnlstor auch No�ce of DefaWt and Notice of Sale as the�a required by Iaw end by this Second Oeed aE'.
<br /> � Trt,�st TNStee ahall�wfthOtlt demand on Trustor. after e�ch ttme es may then be required by law and aEtsr ,.
<br /> - _° recordation af such Ne�ce o!Default and after NoUce of Sale having beon givera as required by.taw.,sei{:Rl�te TNSt �
<br />--'a"�'��� Estate at the time and pfaoe o4 sale fbced by ft In such Notice of Sate,�Ither as a whde.ar�n separate lorts�er paraels
<br /> _�"����'� or Items es Tcustee shall deem expedterrt�and In such order as it may determtne,at pubii�8uatfon to ths fiIghest
<br />�� bidder for cash In lawft� maney of the United States payabie at the time of saia Tcustee sl�all delMer to suoh
<br /> '�. purchassror purcf�asers thereof tts 9ood and sufftclent deed or d�eds corneyfrtg the property so soid,but wfthaut
<br /> .�-,���: eny covenant orwertar�ty�e�rags or Impfied. The recitata tn auch d�ed of arry matters or faats sf�alt be conctusive
<br />'"-''-:.�'��"•x proo}of tlie tnithTdnass ther�eof. As�y person, Mctudfng without Iimitaiton Trustor. TntsKee or BenafE�h�,+, may
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