. .�`4t;(;x' . _ t_i.� �. ... � rn:t:--_._ "
<br /> � \ • '.;, •) .:wf�L�N.♦ .:� . " ' _' F-- _�i'.T•"��w��, --- "—_
<br /> F(�4.. • � _ =S: � 1,si-�.�.At.. ' __ ' __ _ '
<br /> I�i.�O.. -_—' — _.
<br /> - ......._._�i -a . �.i, ._.._"".�._.�_...�.�u._�rEt��u ___ __
<br /> .. _ .�
<br /> ���rrr �_____
<br /> •. � � . _ .. _. . ^�IT�Y'+1 �wwwwnw►n�!nr�.;-�...rwc�.•_:•....n-�..e.v�r...v�.v.�..:---
<br /> --.4T�
<br /> �1� •
<br />��==:.a a , .-. ,
<br /> -�,;�»av��
<br /> -��yi�Ly9�A�
<br />:�^'A�i'MYI�
<br />. ..:J�(�
<br /> �:n��, x 97� l� ��
<br />���� (c)T'rustor fails w observe or perform any of the cova�ants, a�rxmcnt,s;�ofr��n�iit�ris in
<br /> —�r� this Deod of Trust,
<br /> ��.�..
<br /> _:�....�
<br /> .__���.
<br /> _��.;:,,�'� (d) My represent�tion or warranty including, but not limited to, any warranty of title
<br /> J m�de by'hustor in thia Deed of Trust is falx or mstterlally misleading� or
<br /> _:.�.�.�
<br /> l,,r:;'��� (e)T:ustor sells or conveya the Truat Property, or�ny part thereaf, or any interest therein�
<br />`..,,::��i� or is diveated of its title, or Any int�rest thenein, in any ms�mur or way� whethec
<br /> '='a�` voluntully or involuntully,without the prlor written conxnt�f Beneficiary.
<br /> •-�
<br />�=�_s;_��.
<br /> Y� 2G.Acxekratton of Debt;Foreclosure. Upon the occunrencc of any Svent of Default� or any
<br />__=L�,�: time thercafter un�l such Event of Default is cured to the sa�sfaction of Bdieficiary,
<br /> ---_= Beneficiary may, at its opHon, declare all Obligadons secured hereby immediately due and
<br /> • payable smd the same a!►all bear interest at the hi�hest default rate, if any, xt forth in the
<br />_ ___ Stelk Nate or tha tia�eral Note, ar ihe default r.�te, if any, set forth in the most rocait
<br /> -�—�—�- obllgatlon cover�by the Ouarsntar, or otl�erwlse s�t the highest rate permittod by law,and,
<br />_,_�,,� inr�tive of whether Beneficiary eaerclses said option, it may� at its vptilon and in its
<br /> sole discretion, without any further noticx or demand w or upon Truswr, do one or mon
<br /> _��;�.�� of the foUowing:
<br /> -- (a)Heneficiary may enter upon, take possession of, manage s�nd operate the Truat PropertY
<br />-��� or any paut th�roof; make repairs and alteratlons and do any acts which Beneficiary
<br /> - dama pmper w protect the sacudty thereof� and either with or without taidng
<br /> _—= posx�ion,in ita own nsme� sue for or otherwlse collect wul receive re�ts� iesues and
<br /> ptafits, including thoae p�st due and unpaid� and �tpply thE sama, less costs and
<br /> eupensa of ope�don and callection, including rea�onable attorneys' fep �u�d
<br /> Beneficiary's costs� upon the Obligat�ons aecured hereby and� in such order s�s
<br /> — Haieficis�rry may determine. Upon roquest of BeneficIary, TrusWr shall assemble and
<br /> --�-- shall mak�e�vailable to BeneHciuy any of the Trust Proparty which tws bxn removed.
<br /> The entering upon and taking possession of tlte Trust Pronecty� thc oollection of any
<br /> rents, issues and profits� and the applicaHon thec�eot as afo�esaid, shall not cure or
<br /> wuve any default theretofore or theraft�er occurrin��or affect any notice of default or
<br /> not�ce of sale herwnder or invalidate any act done pursuant to any such noticx.
<br /> = Notwtthatandin� Beneficiary's continu�ce �n pos�ession or reoeipt and application of
<br /> . rents,issues or profits� Beneficiuy shall be enHtlod to exerciae every dght provided for
<br /> in thi� Deed of Tn�st or by law upon or after the occurrenoe of an Evait of Defiult�
<br /> including the right w eaercise the power of�ale. My of the xdons referred W in thit
<br /> Soction may be taken by Bayeficiaty�t such t�me as Beneficiary may determine wlthout
<br /> regard to the adequacy of any security for the Obligsidons secured hereby.
<br /> (b)Ha�eficiary shA11, without regard to the s�idequacy of any socudty for the Obli�ations
<br /> secured hec+eby, be entitled to the appointment of a receiver by any court having
<br />--�-= jurisdictton, wlthout notice, w t�ce possession of, protect� and manage the Tn�at
<br /> ___ — Property and operate the same and coUect the rents, iuucs and profits thenfrom.
<br /> �_��� (c)Heneficiary may bring any acaon in any court of competent jurisdiction to foreclose
<br /> `'�'�''`"=� thia Dood of Trust or enforce any of the covenants hereof.
<br /> .�.;,..•:
<br /> (d)Beneficiuy may elect W cause the Trust Property or any part thereof to be sold under
<br /> - _ � the power of sale, and in such event, Heneficiary or Trustee shall give such noHce of
<br /> � �, default and noHce of sale to each party to this T)eed of Trust by mail at the address set
<br /> ��' ; forth herein and any other notice which may be then requirod by law. Thereafter� upun
<br /> � �' •��� the exoiradon of such time and the �iving of such notice of s�le as mav then be
<br /> '��'� � roquired by law, Trustee, at the time and place specified by the notice of sale, shall sell
<br /> � �' such Trust Property, dr any part theroof specifie� by Beneficiary at public aucHon W
<br /> the highest bidder for cash in lawful money of the United Sta�es of America. Upon
<br /> neceipt of payment of the bid pdce, Trusta shall apply the praceods in the following
<br /> order: (i) w the cost and expenses of exercising the poN►er of sale and of the sale,
<br /> : . including but not limitod to, trustee's fas of not more than �500.00 plus one-half of
<br /> •y. .
<br /> �
<br /> .. . 9
<br /> _ . _ . .. .
<br /> „� ,. . � w�uti.,r..�_•. :;. �,. _�._ ,..:,_-�x-:-_:�x�._ ._ , .._. - .-.a r.., ... ....Y.__--
<br />
|