|
�-�„�.,.�.,�,,.A..,.
<br /> , ,:�..,.•, . .
<br /> - , ....-_ .
<br /> . ..:., ws..« . - - �- - -
<br /> ya;
<br /> . ..IC..: _�: .� .. . . . .
<br /> � .. .
<br /> : ��i~�•' . 'h��'j: .'.�..L. . . . . _. . _ . . -
<br /> • -g - gg... iioo�3
<br /> elecdon to wlt euch property. Afta�r the lapse ot such time ss then may be reyuirad by
<br /> law following c�ecordutian of euch notico of defs�it,and nntice of sala hnving bean Riven
<br /> a�then roquired by I�w. Truatoe,without demAnd on Trustor,ahall soll auch pmpecty,
<br /> eitha sa a whole or in eepat'�te per�cels,and in such order a�it or Beneficiery may
<br /> determine�t public auctian to the highcet bidder. Tnutee may p�etpone thc sale of all or
<br /> sny po�tion of such property by public einnounce�t►ent at the time end place af sale�and
<br /> from tim�to time thereaftor may pc�tpone the sale by public announcernent at the time
<br /> �nd place fuced by tha preccding pottponament. Tnutee ehall deliver to auch purchsaer
<br /> i���onveying the pmperty so aold,but without�ny covcnent or wananty,express or
<br /> impGed. The recital in auch deed of�ny msttera of fact or otttecvvise stwll be conclusive
<br /> proof of the truthfulneas thereof. Any person,inciuding Trustor,Trustee or BeneScisry,
<br /> msy purchese at�uch ale. Truatoe may alao sell a4 eay such sale and ss patt thereof anY
<br /> �hares of cotporate stock aecwring the obligation secured henby,and Tnistor wuves
<br /> demand sad notia of such sele. (Beneficiary at its opt6on may also foreclose on auch
<br /> shares by indopendant pledge sale,and Trustor w�ives demand snd notice of such sale.J�
<br /> Afla deducting all caabs,feea, md e�cpensea of Trus�tee and of thi�Truat,including cvet of
<br /> evidanoG of dde in conaxtion witli�uch sale,Tn�sta shall first apply the proca�ds of
<br /> aale to payment of all aums expatded under the tecma hereof,not then rapaid,with
<br /> s.aued intereat at the rnte then pdytble under the note or notes aecured hareby�aQd tbea
<br /> to paym�nt of all other sums socurod hercby,snd if thec+a�fter there be�aY P�'�
<br /> e+emainiaft,diat�ibute them to the pason or persons legally entided thareto.
<br /> If this Deed of Truat or any note socured hereby providQS fo�aay eh�rge for
<br /> P�7+ment of�tny indebtodn�as s�curod ttereby. Ttusta ag�eee to pay ssid c�hu,ge,if wy
<br /> . of edd indebbduesa ahall be paid prior ta the malurity daoe thcroof�tated in�id no�e a —
<br /> thia Doed of Tcust,even if and notaitbstanding Truator she�ll h�►ve defwltod to PaYment
<br /> '` ` thaeo�or in�perfotmsnce of any �eement henvndCr,aad Beneficiary by reaan
<br /> tl�eu�al�ll have dociared ill aiu�n�securod hcreby immodistely due e�nd pay+eble.
<br /> 16. cut�atimtion nf Tiuste�. That BeneSciuy msy,from time tro tim�e,by
<br /> in�tcuma�nt in writing,aubatitute s succeasor or aucroessas to�ay Triuteo named bereia ar
<br /> �cting hereunder,which insirument,executed and acknowlodgod by Beneficiary snd. �
<br /> rocorcbd in d�e offiee of the regista of deod�'of the county a countiea whece such
<br /> . proQetty u site�ated,shali be caiclu�ive prnof of proper subetitution of such Truseee or
<br /> Tn�traa,wti(i��hall,vsrithout conv�ey�i�a fi�oma,the Tivata�predoceaaor�succeed to all ite �
<br /> ' �itlEk, eatate,righb,po�wer,aad duties. �..;
<br /> ti `::,,
<br /> ' ,•.. ,; y arY Y�. .
<br /> ,,:"• 17...�.�.N�W�v��y B��• No waiver b Benefici of an t•under
<br /> .. tfi�is Deed'o�'Tiust ahall be effect�.�e;unless in writing. Waiver by Beneficiacy�t��'any right
<br /> � ':�+iated tp Heneficiary�nder tlus Dted of Trust or of any provisiem of thi�Deed of Ttust
<br /> i�s to �ny iti�nsaction or occurnnces shall not be doemed a waiver iy�ta any future
<br /> �,: . • .
<br /> .. � f '
<br /> •: �'� . . i � ' .
<br />
|