�� �� -.-_�_._._
<br /> �;.r . � ,. �
<br /> : .. . _ _
<br /> ., � .:1..:.: , .. t!4. .. . . �—. . . -. • - . . • • .. - . • :: ... . _ ..
<br /> : �w: , �� • 9T- �l0'75�
<br /> � (d) a Wo on�x ortbn thereofoh intetrest th�In flnfdpsuch executlone attaChment�eores�mlt¢►eProcess ofh�udp entnis no�elel6ed,
<br /> Trust EBtate Y P
<br /> � bonded,6adsfied,vaCatad or stnyed wilhW� s61y (b0) deys aker its entry or tevy;or rovlslon,representalbn or werranty —
<br /> (e) there has oCCUrred a breaah of or detauA under any term,Covenent, a9reement,condillon, p
<br /> contalnod In any prlor dexd ol trust or moRg�pe etlectlny the Trust EState.
<br /> 10.A g�e�U ed'Oherebp�to beD dueuan,d pedbbOs d' tResame'shall thereupon nbeaomee due and pnyable wRhout any pre entment
<br /> indebtednes
<br /> �f tlema�d, protest or not�o of any klnd.Thereafter,Benel�lary maY� �_
<br /> �;�,r (I) enh�to the adequscyyof RS tSecurlry� enteh uponr4nd 4k�posaes5lon of t e T st Ee nt�o any part hereof hyRs own nam�
<br /> ,��w�, wkhout reqe d
<br /> or h the name ot Trustee� and do any acts whbh R deema necessary or desirable to preserve the value� hereofaanid, wRh orawithoul
<br /> the Trust EBtate, or part thereot or hterest thereh, hcreass the hcome therehom or protect the seaurity
<br /> takinp poasesslon of the Trust Estate, sue lor or otherwise colk+ct the rents,issues and proflta thereoi, Includhp those psst due and
<br /> : hdebtednese
<br /> ; unpaid, and apply the seme, less coste and oxpenses of operation and collectbn Inciudhq attorneys' fees, upon any
<br /> '�
<br /> secu'ebnho} suc:�llrents, f sues andspofits'and theee Peicabnether of aserafore ad shali tnot�cu eoSOrewaNe anYhdeauittoEsnolfce ot
<br /> - coilec
<br /> defauh horeunder or invalidate eny act done In respon9e to such detault or purs�8"t�no0f fente�l sues oefproflts,TrusteeitortBenNbkry
<br /> � continuance fn possesslon ot the Trust Esute or the collection, recelpt and app
<br /> �• shall be entit�ed to exercise every right prov�ded lor In any of the Loan Instruments or by law upon occunence of any event of det�uM,
<br /> � fnaludinq the rfpht to exerclse the power ot saie� __.
<br /> (il) commence an actlon to forectoae thls Deed of Trust es a mortgege, appoht a receNer or spoc�ffcally entorce any of t s
<br /> � covenants hereof;
<br /> �� Trustofr's fntereSttNt theSTeust Esttte to be 6 d whbht otVicenTr 6tee shall�C use to be dulytflled for�recordeh the�pp oP�te ofli�es of
<br /> the County h whbh the Trust Eotate Is loceted;or
<br /> (iv) exerclso such other rlqhts or remedles at law or in equfty.
<br /> '� ' 11.Foreelosure by Power Of S„�C/�„�Trustee his SecondtDsedof Trust a d any note t dencinprthe nd btedness anA suCh
<br /> �' Benefbiery shall notity Trustee and shall depo
<br /> receipla and evidence ot expenditures made and securad hereby as Truetee may require.
<br /> __ � (a) Upon recelpt of Much t���e Sanener quked� by law end Iby this 3econd Deed of Trust hTrustee sh�ef wfthout d S`emanduon
<br /> __ _ ivotica u� Dotauti ard l:at�9 =
<br /> � Trustor, aRer suCh time as may then be requked by law and after recardatlon ot such i3vt�.v of Qa�uK a�"! after Not�e o}Sale hav p
<br /> peen pNen as requied by �W�SB�Shas�TNSteet shallt dee•n expedlent�Candf In�sucheorder es it mayNde ermine,aat�PublVc auatbn to the
<br /> In separate tots or parceis or fte
<br /> h�ch aers th eof ksgpood and Isuttblent deed or�ndeeds c nvay fl t e p�oDerty so sold8 but without any cov'ena toor warrantyhexpress
<br />_ ", pu
<br />" � or knplfed.The recRais fn such deed of ony rnatters or facts shefl be conclusive proof of the truthtuMess thereof. Any person,includ p
<br /> wRhout Iknkatbn Trustor,Trustee or Beneliciary,maY Purchase at such sa�e•
<br /> ' (b) As may be pe���e�d kh s �,T ustee�shau applyc hesp oceeds of sa�e oSpaYment of(I) he kidebt dness (ii)�a�otherssums
<br /> , evide�Ce of tRle In Co
<br /> T then seCUred hereby,and(iil)the remaintler, if flny,to tho person or persons fegally entitled thereto,
<br /> ' �, (c) 'frustee may M the manne�provided by taw postpone sale of ali or any portion of the Trust Estate.
<br />- � 12.Remedles Not Excluafv edTnereb and oeezerclse�all r�ights and po ers unldeethisi8econd Deed otTrust o rundereny Loan
<br /> ot any Indebtednoss or obl{yatbns secu Y
<br /> � Instrument or other agreement or any •�W6 oherwise1esecueed, whother�by�mort9`9e, deed of trustf pledge,hlien,essfpnment oroot e bse.
<br /> � s e c u r e d h e r e b y m s y n o w o r h e r e a ft e r b e
<br /> J � Nefther the acceptence of this Second Deed�oa�TN��nner`taflectoTrusteets oh Benefbiary's rt�ght l►° oea�e upon tor tenforceeanyf th secuhky
<br /> powers hereln contalned, sha11 preJudbe o Y
<br /> , now or hereatter held by Trustee or Beneficlary. ��ow or he ea er he dr by Beneflalary or Trustee In such o de and mannee es�they orneRher
<br /> - thls Second Deed ot Trust and sny other security
<br /> � exclusNemofyflnYtoeherbemedydh einf�or by�lawinP�vided o�rdpermitt dcbut eac� shall�be cumulative andtshall bo hfaddltion„oeeverYtother
<br /> remedy given hereunder or now or hereafter exisling e[ Iaw ar fn equity or by staUite. Every power or remedy Bwen by any ol the Loa�
<br /> F.,
<br /> ' Instruments to Trustee or Benef{CVary or to whfch efther ot them mfly be olherv+ise entitled, may be exerC�sed, �ursua InCO sls entpemed(es. _
<br /> from tlmo to time and as often as may be deemed expedient by Trustee or Benefblary and either of therti may p �
<br /> � i Nothing herein shall be construed as prohibdog Beneficiary from seeking e defiC�enCy �udgment agafnst the Trustor to the excent such eCtion -
<br /> � Is permltted by ktw•
<br /> T piqe 3 0l 5 _
<br /> - F�7940.LMtl(7l97)
<br /> - . _ l
<br /> - ,
<br /> '
<br /> , �
<br /> � I
<br /> �
<br /> - �
<br /> . �
<br /> � ����
<br />
|