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<br /> � � . 98-1121�62
<br /> (c) Trustor �hall sell or tru►sfer all or any par[ of the Praperty or an intere�c therein without
<br /> &neficiary's prior written consent.
<br /> 10. ��^���•A�ion Ltoon Def�ult Additional Aemedies. Should an event of default accur, &neficiary may
<br /> declaro all indebtedncss secured hercby to►�e due and payable and the�ame shall thereupon became due and payable
<br /> without any p«sentm�nt,demand,protest or notice of any kind, Thereafter, Eieneflciary may: -
<br /> (a) Either in person or by agent. wltti or without bringing any actlon or proceeding, or by a
<br /> r�cetver appointed by a coart and without ttgard co th� adequac; of its security, enter upon and take
<br /> possession of the Tru�t Estate,or any puc thae�f,in its own name or in the name of Truatx, and do any
<br /> acts whlch it dams n��cessary or desirable to preurve the value, marketubility or rentabiliry of the Trwt
<br /> E+state,ur part thereof or intere�t therein,incaase�he incoma therefxom or protect the security hereof and,
<br /> with or without taking posse�eion of the Tnist Estate,sue for or otherwise collcet the rents,isaues and pcafits
<br /> thereof, including thou put due and unpaid,uid�pply the same, less costs and expenses of operation and
<br /> callection,inciuding attorneys'fees,upon any Indebtedness secured hereby, aU in such order as Beneficiary
<br /> may determine. The entering upon and takingpasst�sion the Trust F.state,the collcetion ef such renta,issues
<br /> and profits, and the application thereof u aforcsaid shall not cun or waive any default or notia of default
<br />= hereunder or invalidate any act done in respons�to such default or pursuant to such notice of default and,
<br /> notwithstanding the continuance In posussion of the Trust Estate or the collection,receipt and applicntion
<br /> of nnts,iasues or profits,Trustee or Beneficiuy shall be entitl�d tu exercise every right provided for in any
<br /> � of the Loan Instruments or by law upon ocsurrence of F►ny event of default.including the dght to exercise
<br /> the power of sale.
<br /> (b) Commence an acdan to for�close �his Deed of Tcust as a mortgage, appoint a receiver, or
<br /> speciflcally enforce any of the covanants lzeceof.
<br /> (c) Deliver to Trusta a written dalaration of default and demand for sale,and a written notice of
<br /> default and el�ctian to cause Ttustor's iuterat In ih�Tn�st E�tate to be sold,which notice Tcusta shall cause
<br /> t� t,� r�uly filed for record in the appropriate official records of the county in which the Trust Estate is
<br /> locatcd.
<br /> 11. �4,re�loSUF�b�p4�' r-�.�. $hould Azmficiary elect to forecl�se by aaercise of the Pawer of Sele
<br /> s ch recenps an�d n�a°xP�a�res�e and seculrcd herebylas Trusta may nqu n Trust and the Note and
<br /> (a) Upon recaipt of such notia from Beneficlary,Trustee shall cause to be recordal�published and
<br /> delivered to Tnistor such�lotice of Default and Notice of Sale as then required by law and by this Deed of
<br /> Trusc. Trus[a shall,without demand oa T�ustor,after such time as may t1►en be required by law and aRer
<br /> recordation of such Notice of Default and after Notice of Sale having bau given as required by law,sell the
<br /> Tcust Fstate at the time and place of sale fized by it in such Notice of Sale,eitl�er as a whole.or in separato
<br /> lots or parcels or items as Tcusta shall da►n expedient,and in such order u it may decennine.ac Publie
<br /> auction to the highest bidder for cash in liwful monoy af the United States payable at the time of ss�le.
<br /> Tcustee chall deliver to sueh Purchasec or purcliuers thereof its good and sutficient dad or dads conveying
<br /> the property so sold, but without any covenaat or wuranty, exprrss or implied. 'fh�nrec��luding,witho�ut
<br /> of any matters or facts shall be conclusive proof of the truthfulness thereof. My p�
<br /> limitation,'Crustor, Trustee and Bone6ciary, may purchasG at such sale and Trustor henby covenants to
<br /> warrant and defend the title of such purchuer or pureha+ers.
<br /> (b) As may be pernucted by law,after deducting all costs,fees and expensas of Trustee and of this
<br /> Trust, including costs of evidence of title in connection with sale.Trustee shall apply the proceeds of�le
<br /> ._ to payment of (i) all sums expended undar tl►c torn�hereof, not then repaid, with accnued intertst at ten
<br /> percent(10%) per annum; (ti) all ather sums then secured hereby; and (iii)the remainder, if any, to the
<br /> person or persons legally entttled thento.
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