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<br /> i�``t� ��4 or Ceszainate or adjus� the terms and conditions af� any. exfeting lease �cr �';;: �:_``
<br /> ` � '` leases. tinlese Truetar. and Beaeficiary agree otherwiae �n airiting, any
<br /> , `s'- � .` �� ° , applicatioa o� reats, isaues or pzofite ta any i�tdebtedaees secured hereby
<br /> � •''"�"• eh�S.l nat extend ar poetpone th� due ,date of �he instal}�ent paya�eats ae °`.,.,,:;�^
<br /> ; ��`,� ; . ,,;�`, provided ia th� Note or change the ainou�t of such inetallment�. The entering �} ��
<br /> ';�;� � - upon and takirig gassession af the Pr�perty, the 'collectio�a of such reate, , , __.
<br /> � i e auee and grofita, and tbe applicatioa ther,eof �s afor��aid, ahall not araive
<br /> �.
<br /> , � . . . _ _� �_e_..,. s...,........a....� w s.+w.a�trlat.A anv act � � .
<br /> t– v's v-iue's auy cie=auaL or uvcsa.z v,. .se:v.R�... ,..a......,...." —
<br /> -"— -i-``� dcae puretxant to such aotice. Trustor ass3gna to Henef icia�, as further
<br /> � 4 A�
<br /> � � t� � �� ?.•����;� security for the performance of the i.ndebtedness and obligatione secured � ; ;
<br /> ,.°�`�,. � hereb y, all prepaid rents and all moneys which may have�been or tnay h�reafter
<br /> ? ' be deposited with Truator by any lesaee o f t he Prop e rt y, t o s e c t i r e t he � '�
<br /> .«'� � � paymeat o.f any rent or damages, a�ad upon defaalt in the per€armance of aay of •--
<br /> � � the provisians hereo€, Trustor agreea to deliver such rente and deposits to ��_ ,__=?'
<br /> `� � r'�� Benefi�siary. Deliv�ry df voritten na�ice af Beneficiary'e e.�cercise of the �:;�:
<br /> �� ����2r 4 ' � ; rights graztted by thia para.graPh THYRD to aay teaant occupy�nt3`t�e Froperty �_M�
<br /> � '� ��` Qr any portion thereof shall be su£ficietit to requize said tenant to pay said �--�-,;,..
<br /> . rent to Benefici.ary until further notice. ;;;�;,;`
<br /> _ (`�•�� �� gpUR , If the�e s�iall be filed by�or againat the Tniator any petition � � ;:
<br /> •- � : •F•.•`� =
<br /> °� • - �c r p r o c e e d i n g s e e k i n g a n y a r r a n Jement or c o m position or extension of any ..�,�._
<br /> .���,' . Code or any other f �::
<br /> � `�, other reli.ef under cr pursu�ant to the Federal Bankruptcy ;
<br /> -�,�`• similar statute as is aaw or hereafter.in effect, or if the Trustor sha7.l be �� r, ; �:;
<br /> - � , adjudicated bankrupt or insolvent or any of Trustor•s pxoperty sha3.1 have ' _
<br /> . bees3 sequestered a�z�l such decree aha�.l have cont.�.aued undiecharged and
<br /> , ' � e thereof, then tY�e whole of.�the Note and �
<br /> �� unatayed for 90 days after the eatry �z�-°:.'
<br /> ;• �,�
<br /> � indebtednesa hereby secured shall, without notice, at Che optioa of the �_�q,,_
<br /> '�"�," "'F"; � Beneficiary beaoute due and payable. . �--y_
<br /> �. f. �_ .
<br /> ,'YCV . . � � �.r..�
<br /> ` � ` � `° gI . Upon default by Truator in the payment of or performance of the - r-•
<br /> ; .` . .< _ �.`
<br /> ;-�'"' • ` "''• ';� t e�m s . a n d c o n d i t i o n s �f the Note, or any renewals, moclifications or �
<br /> m ._. --
<br /> :,:� � �,�' � e x e c u t i o n s t h e r e o�, t h e p a y m e n t o f a n y otlaer i n d e bte d ness secur e d h e r e b y o r ��_
<br /> - � '� � in the perfoxmance of any agreement, covenant or warranty herein coata i ne d or �'�--
<br /> '� � �� set forth ia any agreement or iastrument executed by TruetoY in corinection ��--_
<br /> - � � �,� � . ,.�:.:�-• with the indebteci�aees hereby seaured, Seneficiary may declare all eums �;;;�,
<br /> �}, �� � ' ' " secured hereby immediately due arid payable aad the eame shall thezeupon __—__
<br /> t��:�° �.��M1� . '�� �� � become du� aad.payable without presentment, demand, protest or notice o� any � ��
<br /> � � � kind. Thereafter, Beneficiary may deliver to Truetee a written declaratian � v��
<br /> � of default arid. demand for eale. Tsustee ahall have the power of sale of the �—:
<br /> Property and if ��eneficiary decidea the. Prape�ty ia to be • sold,� it ehall � �.�.�--
<br /> F: '�� . . � depoeit with Truatee thie Deed of Truat and the Note or 'notes and any other �_�:
<br /> :�; .
<br /> ' documeate evidenci�czg expendi.tures secured hereby, and shall deliver to _--
<br /> '� " � � Trustee a vrritten notice of default and election ta eauae.the. Property to be� �.,._.^
<br /> � � , sold, and Tru�tee, in turn, sha7.1 prepare a eimilar notice in the fozm -
<br /> � ' ... required by law, which eha3.l be duly filed for record by Trustee. �� ��
<br />� .• -:
<br /> � Y^ � � � (a) After the lapae o� such time ae may be required by law follat�ing � .�°-
<br /> ,,s.� =. .
<br /> � ;. � the recordation of Notice oE Default, and notice of Default and Notice
<br /> of Sale having been given as required by law, Trustee, without demand on
<br />'�i; ..' � � Truator, sha11 aell the Property hereinbe£ore described, and any a�nd :
<br /> :'.;T .., : ' every part thereof, in separate parcela or en masae as the. Truatee may
<br /> ;'.:k_.. .�� � elect and in such oxder ae Trustee may determine oa the date aad at the ,
<br /> �;'• ' time and place desighated in said Notice of Sale, at public auction to
<br /> � � the highest bidder, the purchase price payable in cash in lawfu2 money
<br /> �ti�� of the United States at the time of s�le. The persan conducting the
<br /> � � eale may, for any cauee he or ahe deema expedient, poetpone the eale ___ _
<br /> � � � from time to time until it shall be completed and, in evezy such case,
<br /> '� � � �� �'� , notice of poatponement ehall be given by public declaration thereof by
<br /> �'��� • �. ., such peraon at the time and place lagt appointed for the sale; provided,
<br /> if the sale is poetponed far longer than• one (1) day beyond the day
<br /> •_ . . ���� �.. deaignated in the Notice of 3ale, notfce thereof shall be given in the
<br /> ' � same manner as the original Notice of eale. Truetee shall execute and
<br />_ � � �� � deliver to the purchaser ite Deed conveying tbe propexCy ao ea].d, but
<br /> - � � without any covenant or warranty, expreas or implied. The recitals in
<br /> � ' � • the Deed of any mattera or facte ahall be conclusive proof of the
<br /> - '� truthfulness thereof. Any pereon, including without limitation, .
<br /> - � � . � Beneficiary or Trustee may purchase at the sale. Said sale eha11 be
<br /> • � �� cond�cted at the real estate forming a part of the Property or at thQ
<br /> � � �� court house in the county in which the Property to be sold, or some pazt -.
<br /> z•,' � � . .� thereof, is situated. •
<br /> . . . � �, :� .
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