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<br /> � � � d a writ af execution or attachment of any similar process ahal be ent red against Trustor whlch shull __
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<br />-�=,T �.. become a Iten on the Truat Estate or any portlon thereof or interest therein and such executlon,attachment or slmNar
<br /> � process of judgment Is not released,bonded,satlafled,vacated o�stayed withln sixty (60)days after its entry or levy; __
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<br />�;:_ti:+�o�. or
<br /> ;��� (e) there has occurred a breach of or defadt under any term,covenant,agreement,condftion,provision,
<br /> ,��� reprosentation or warranty contatned In any prior dec3d of trust or mortgage aHecting the Trust Estate.
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<br /> S 10. ACCELERAT(ONS UPON DEFAULT;ADDITIONAL REMEDIES. If an event of default occurs,Beneflctary may
<br /> "��"`'� declare ths Indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable
<br />`��.�, wfthaut any preseritnment,demand,protest or notice of any kind. Thereafter,Beneflciary may: -
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<br /> (f) efther inpe rson or by agent,wfth or without bringing any action or proceedtng, or by a recehrer
<br /> ;��°�,� appalnted by a cou►t arxi wfthout regard to the adequacy of fts security,enter upon a�nd take possession of the Trust
<br />�G.'-?��_� Estate, or any peR ihereof,tn its own name or tn the name of Trustee,end do any acts wh�h ft daems necessary Qr
<br />-- � deaireble to preserve the value, marketabNiry or rentabfllty d the Trust Eswte, or paR thereof or interest thereln,
<br /> ---�-• increese the Income theretrom or protect the secunty hereof and, wfth or wRhout taklnD posaesalon of the Tn�at
<br /> --°y%� Eetete. eue for or atherwlse cdlect the rents, Isaues end pro�ts therec�, Includinp those paat due and unpaid, snd
<br /> ---r� Irid�btednee� aecurod �by,aall Inxa�uch orcie► et�Beneficlnry ms determine. tT�he�e�terinp upon and�kl� `
<br /> ���ea�� poe�eselon of the Tnaat Entete, the cdlectlon of euch rente, laaues end proNte and the eppllce�tbn thetoof ae
<br /> — aforHaW stwdl not awe or wahre any defautt a notice of default hereunder or Invalidate any act done in response ta
<br /> � such defeuh o�purauant to euch not�e of deMult end, notwfth�tandUD the continuance in pwsssslon of the Trust
<br /> �3.� Eatate or the cdlectlon,recelpt end appllcatbn of rents. Issuea ot protfts,Trustee or Benef�lary ehall be eMlqed to
<br /> - - exerclse evary �iqht provkied tor In any of the Loen Inatruments or by law upon xcunence of any svent of default,
<br /> Includinq the ri�M to exerciae the power of eale;
<br />==`��� (ii) commence an action to foredose this Deed of Trust as a moRgage,appoint a receNer or speclNcally
<br /> �-� eMorce enyof the convenants hereof;
<br /> -- (iil) delhrer to Trustee e w►ftten declaratton of defauit end demand for sale end a wr(lten nct�e of default
<br /> - and electionto cause T�ustor's imerest in�i�e i rust Estaie tv oa n�,wt�ich r�oil�s Tr:.d�rt=°!!r,s�°..°!Q t�s!�!;�!�
<br /> -� ior record in the appropriate otflces of the Counry fn whtch the Trust Eatate Is located; or
<br /> --- (iv) exercise such cther rights or remedles at law or In equity.
<br /> 11. FORECL08URE BY POWER OF SALE. If Beneticlary elects to foredose by exercise a#the Power of Sele
<br /> � e'videncinp the�iridebtedness snd such receigpte e e+ridence o�f expendRurea made and secured he eby s Truateye may
<br /> --- require.
<br /> ---— (a) Upon recel pt of such noitce from BeneNclary, Trustee shall cause to be recorded, published end =
<br /> delivered to Truator such Notice of Defautt and Nottce of Sale as then requlred by taw and by thta Second Deed d
<br /> Trua� Trustea shall without demand on Tnistor,eiter such time as may then be requfred by law and aRer recordatlon
<br /> of such Nd�e of Defautt and after Not�e of Sale having been given as requlred by law, sell the Truat Estate e�t the
<br /> time and plece of sale fbced by It In such Notice of Saie. efther ae s whole,or In separate lots or parcela or Items ae
<br /> • Truatee shaN deem expedfent,and in such order as k may determine,et public auctlon to the hiphest bldder tor ca�h
<br /> tn lawful money of the United States payable et the time of sale. 7rustee ahall detiver to such purchaaer a
<br /> purchasersthereof ks good and sufficfern deed or deeds corneytng the property so sold, but without eny covene�nt
<br /> or warrar�ty expressed or impited. The recitals In such deed of any matte�s or facts sheil be condusive proof of the
<br /> — truthfulness thereof. Any person,including without Ilmitatfon Trustor,Trustee or SeneNciary, may purchase at such
<br /> sale.
<br /> (b) As may be permttted by law,after deducting ail costs,fees and expenses of Trustee and of thls Truat
<br /> Includlnp costs of evidence of t�te in connectton wiih eale,Trustee shall apply the proce�da of sale to payment of (q
<br /> the Indebtedness (il) all other suma then secured hereby, and (111) the remalnder, Ef sny, to the peroan or peraona
<br /> --_-- legelly entftled thereto.
<br />�� (c) Trustee may in the manner provided by law postpone sale of all or any qortion of the T�ust Estete.
<br />��'��`� 12. REMEDI�S NOT EXCLUSIVE. Trustee and Beneflclary, and each of them, shall be entided to enforce
<br />`��"`��"` paymeM andpedarnance of any indebtedness or obllgattons secured hereby and to exerclse ell rights and powero under
<br />����� thls Second D�ed of Trust or under any Loan Instrument or other agreement or any laws now or hereafter in force;
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<br /> ,: �;.�,. , notwfthstanding. some or alt of the such tndebtedness and obligatlons secured hereby ma now or hereafter be otherwlse
<br />_;".";:_;;�,;,: ; secured,whether by mortgage,deed of trust,pledge.Ilen.assignment or othenr�tse. IVeither the acceptance of this Second
<br /> ' Deed of Trust not Its er�torcement, whether by couR actlon or pursuant to the power of salo or other powers herefn _
<br /> '��•h� ' contatned, shall pr�judlce or fn any manner affect Trustee's or Beneflctary's right to reallze upon or e�orce any other
<br />�"'"�-_;�r- securEty now or hereafter hetd by Trustee or BeneBciary. ft baing agreed that Trustee and Beneflclary, and each of them,
<br /> � � ��� shall be emttled to e�orce this Second Deed of Trust and any other securiry now or hereafter held by BeneNciary
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