|
� � . . -
<br /> �.Y t . . , . . . . . .S. . !)`�L,y�fY^ _l4�}k.,y� - -j
<br /> � �j, t. ��� i! ;!'��1�C��ke
<br /> ' �. � �ma�e�. � __._.
<br /> _ .'a.:� ,���[;s;�l..tll�:7,[a3h's�-�____-
<br /> __ -�MRil, '�dli�lvf^•<..___ -- -_
<br /> ---__ _--- --_---- ----- - ----- .���?iflli�m"s.�.�.�,
<br /> �.�e1G:.L ��,w•�m+Y _ �_'�1"��Y.�t_SJ..e�e.�•s=..
<br /> ------ —--- ------ — - °°°------ --_.�-��:, •
<br /> • ' ld) a writ of t�lon or attachmer+t af any almllar orocus�be enterad apainst Trustor whloh ahall .
<br /> bec�me a Iien on the Trust te or any portlon thereof or Intsrltt th�reln�nd�uch execution, attachment or similar
<br /> proces�ot Judpment la not releaaed,bonded, utidied,wc�ted or payad wlthf�tixty 160)deys after Its entry or lavy;or
<br /> (e) there has occurred a breach of or default under My tum,Cavmsnt, apreement, condttion, provislon,
<br /> represcntation or warranty contained in any prior dnad of truat or mortpape�ffectlnp the Truat�state.
<br /> 10. Acc�/N�tl�on upon Odialt;Adlratbr�N R�m�abs. If in event of default occura, Beneficlary may dectara the c
<br /> Indebtedness secured hereby to be due and payable md the eame aha9 thusupon become due and payable withaut eny
<br /> presentment, demand. protest ar notice of any k(nd. The�eafter, Bene}iciary rn�y: �
<br /> (i� efther tn person or by ayent,w(th or without brinpinp any aotio�ar proaeedinp,or by a receiver appointed `
<br /> by a court and without repard to the adequacy of ttt aecurity,enterupon and take paaeaaion of the Truat Estate,or eny.�—
<br /> part thereof,in its own name or In the name of Trustee,�nd do my kts whlch It deems neceasary or desiroble to presero�
<br /> the value,marketahility or rentabllity of the Truat Eatate,or paR thereat a tntereat theretn.Increaae tha income tharefrom�
<br /> ' or protnct the aecurity hereot and,w(th or without takinp posseasion of the Trust Est�te.aue for or otherwtse colleatthe�
<br /> rents,issues and profits thereof, includtnp thoae past due and u�ald, md�pply the aamo, leaa coats and expensea of
<br /> operadon and collection tncluding attorneys'feea,upon any tndebtadneai aecured horeby,all In auch order as Beneficiary-.J
<br /> m�y detarmine. The enterinq upon and takin� paaaession of the Trust Est�ts, the coliection of sueh rents, iasues end
<br /> protita and the appiication thereof aa aforesatd ahall not cure or waive any def�ult or notice of default hereunder o�
<br /> (nvalidate any aat done In response to suah detault or pursuar+i to such notice of default and, notw(ihstandtnfl the
<br /> continuanae in possession of the Trust Eatate or the collaction,receipt and application of renta,Issuea or profits,Trustee -
<br /> or Beneficiary ahall been entttled to exercise every rt�ht provlded to�In any of the l.oan Inatruments or by law upon
<br /> occurrence ot any event of defauit, tnctudinp the rtpht to exercise tha power of eale;
<br /> (iq commence an actfon to foreclose this Ooed of Trust as a mortpepe, appaint e recetver or apectfically
<br /> enforce any of the covenants hereof;
<br /> (Iii) deltver to Trustee a written declaration of default and demand for asle end e written notice of default�nd
<br /> election to eause Trustor's Interest in the Trust Estate to be aold,wh(eh notiee Truatee ahall eause to be duly fiied for
<br /> record in the approprlate offfces of the County tn which the 7nist Eetate is located; or
<br /> li.�} exescise such other rights or rsm�lss s2!s:•:or !n!��l+.;.
<br /> 11. Fonc%sw�byPow�r ofSN�. Ii Beneficiary elects to forecbse by exerciae af the Power of Sale herein contained, �
<br /> Beneficfary shaa notify Trustee and shalt deposlt with Trustee this Second Deed of Truat and any note evide�cinp the Indebtedneas
<br /> and such recelpts and avidence ot expenditures made and secured hereby�s Tru=tee may require.
<br /> �a) Upon recelpt of such notice fram Beneficiary,Trustee sheit cause to be recorded,published and delfvered
<br /> to Tru�tor such Notiae of Defauit and Notice of Sale as then required by law tnd by this SeCOnd Deed of Truat. Trustee
<br /> shatl,without demand on Trustor,after such time es may then ba requlred by law and efter recordation of auch Notfce of
<br /> Defauli and after Notiee of Sata havinp been pfven as requlred by Uw, aell the Trutt Estate�t the tims and place of a�ls
<br /> fixed by it tn such Notice of Sale,etther as a whole,or In aeparate lots or percela or items aa Tru�tee�hall deam sxpsdiant,
<br /> and in auch order as tt may determine,at pubUc auctton to the hiphest bidder for cash In lawful money of the United St�tea
<br /> payable at the time of sale. Trustee shail deliver to such purchaser or purchasers thereof Its Qaod �nd tuffielent deed or
<br /> deeds conveytnp tha property so sold,but without any covenant or wananty,expreas or(mplied. The rec(tal�tn such d�ed
<br /> of any matters or facts shall be conclusive proof of the truthfutnen thereof. Any person, includinp without Iimftstbn
<br /> Trustor,Trustee or Beneftciary,may purchase at such sale.
<br /> (b1 As may be permitted by law,etter deducttnp eil costs,tees end expenses of 1 rustee and ot thf�Trust,
<br /> Includlrp costs of avtdence of title in connection with sale,Trustee ahall apply the proceeds ot iala to p�ym�nt of(1)the
<br /> Indebtedness (fi)ail other sums then secured hereby,and(lil�the rernainder, if any,to the person or peraans lepslly entiUed
<br /> theret0.
<br /> tc! Trustee may in the manner provided by Iaw paslpone sale of all or eny portion of the Trust Eatate.
<br /> 1 Z. R�m�dlts Nof Exclusiv�. 7rustee and Benef(ciary,and each ot them, shall he entitled to enforce payment md
<br /> performance of any indebtedness or oblipations secured hereby and ta exerdse all riphts and powera undar thls S�aond D�sd of
<br /> Trusi or undor any Loan Instrument or other agreement or any laws now or Mrtafter fn force;notwithst�ndinp, =ams or oll of ths
<br /> such Indebtednees end obligations secured hereby may now ar hereafter be etherwlse aecured,whether by mortpape,deed of trwt,
<br /> ' pledpe,Ilen, aasipnmant or otherwise. Ne(ther the acceptence of thls Second Qeed of Trust nor its enforcement,whether by aourt
<br /> action or pursuant to the power of sale or other powers herein contained,ahall pre�udice or(n any manner afteat Tru�tee't or
<br /> Beneficfary's ripht tn realize upon or enforca any other security now or hereafter heid by Trustee or Beneficlary,it belnp apreed th�t
<br />__ Trustee and 8eneficlary,end each oi them, shali be entftled to ontorce this Second Deed of Trust and eny other aecurfty now or
<br /> • 3
<br /> - ---- _
<br /> ,.-. ----.•—�...,. .�:�__ --_- --- -s�a� �' ...___
<br /> . Y �� '� .� � ""„�4�,�.�: — -
<br /> .�,
<br /> a ' ` ,�f�"'s�.�E.awcn
<br /> L ,:,'��7'4G'Cf�S�. -- _ .rx.. '_ _ _
<br /> j . . . . ' . ;.E 7„''"'�'�n• .�ccs�- _- -- _ ° .-
<br /> . .. . ' -- - ` . `'. _N f���° �lSTL1a.r.r_—
<br /> ..J•, ' .. .. ' � . `� .j s�,L+.:,�- �Lfi'_' __ -' ' ___'_"'
<br /> . .t�'���.�- ��
<br /> . R'""i1'1!LYY�•••�' �••�
<br />. . , .. -Ir �'C�•.11���_ -
<br /> i��' ' r . . . . � 1. .�rw���_��� -___-_-_-�
<br /> "_w�^ .� r� . ' • •x��____.
<br /> T� + � � . .. ' .. �i�.;;�`v- _-
<br /> . ,r .�S'� .'".'��{'T�R'vYA"l 'M'� R!._
<br /> .�.�,.
<br /> .. .. i . . _ : . �..,.y�G�-��,�-.
<br /> 1f1..s:h.. r<]..�.` Ll�! ,.1'�1LS1�iStll:4AWi_.
<br /> - .w'k' '_._
<br />
|