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<br />=°a� covenant ar agreement of thia inerx'ument or of the promieeory note eec:ured -
<br />-;, ' hereby, the ent ire indebtednesa hereby oecured ehall immediately become duc, �:___
<br />-_'= ' payable, and collectible at tha option of the Benefiaiary or assigne, regardlees
<br /> of maturity, and the Beneficiary or aseigne may enter upon eaid proper�t�y aor -
<br />� collect the rents and profits thereof. Upon such default in paym ,j,_:
<br /> performance, and before or after suctx entzy, ehe Trustee, acting in the execution !-__ _
<br /> � � of thie Trust after the notice of default hae been recorded, shall mail a copy -
<br />-` ` of the default to each person who ie a party to this inetrument, at the addrees --�;
<br /> set out in this inetrument, ae well ae to any pereon who hae requeeted any notice
<br /> of default and notice oP sale by recordtng said requese for notice with the ;+=j
<br />' regieter of deede in the county in which this instrument ls recorded, and a�ter __
<br /> • the lapee of time which ie required by law after mailing the notice, the Trustee .;_
<br /> � ehall have the pawex' to eell eaid property, and it ahall be the Trustee�s duty �� _
<br />`` ' to sell oaid property (and in case of any default of any purchaser, to resell) ��,
<br /> ' at public auction, to the higheet bidder. FirBt giving five weeke' notice of the
<br /> i4•r ��y C�IRC� terme, and place of such sale, by advertieement not lese than once during ��;'�-
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<br /> eacn of eaid five weeks in a newapaper publiehed or dietributed in the county or -
<br /> ;;• -,. political subdivieion in which eaid property ie eituated and written notice of Y
<br />;�.; � eale shall be mailed to each pereon who is a party to thie inetrumcnt at the
<br /> f;, • addrees eet forth herein, (and the Beneficiary or any pereon on behalf of the
<br />�- � ''� Beneficiary may bid and purchape at such eale) . Such eale will be held aC a -
<br />���r'�~�-,• suitable place to be selected by the Beneficiary within said county or political _
<br />- ��. �,. -
<br /> �� subdiviaion. The Trustee ie hereby authorized to er.ecute and deliver to the
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<br />- purchaser at such aale a sufficient conveyance oi e,a�u�roF�r�Y, :•n3_h Y
<br /> - • ehall contain recitale ae to the happening of deEault upon which the execution
<br /> ;;'.:'; ."� of the power of aale herein granted depends; and the eaid Trustor hereby
<br /> • conatitutes and app�inte the Truetee as hie agent and attorney in fact to make
<br />�`_"�_ such recitals and to execute eaid conveyance and hereby covenants and agrees that
<br /> +'�-:� the recitals so made shall be binding and conclusive upon the Trustor, a.nd eaid �
<br /> � �t- conveyance ehall be effectual to bar all equity or right o£ redemption,
<br /> � � " homeatead, dower, right of appraieement, and all other righte and exemptione oE
<br />"' ,,"_`�, `:; � the Trustor all of whiah are hereby expreesly waived and conveyed to the Truatee.
<br /> "'' 'rc_�. _
<br /> In the event of a eale as hereinabove provided, the TrusCOr or any person in
<br /> ' ���1"'yJ� poeeeeeion under the 'rruetor, ehall then become and be tanante holding over and
<br /> ;�.1:�.t;.i�[�f� •
<br />:f+"' "�' shall forthwith deliver poesession to the purchaser at euch sale or be eummarily
<br /> "� " diepoeseesed, in accordance with the provisione of law applicable to tenanto —
<br /> i''`� r,`� holding over. The power and agency hereby granted are coupled wiCh an Intezest
<br /> :,._ ��= and are irrevocable by death or otherwiee. and axo granted ae cumulative to all
<br />-= other remedies far. the collection of eaid indebtednese. The Beneficiary or _
<br /> � -°��'• Asaiyns my take any other appropriate action pureuant to State or Federal eLatute _
<br />� •' either in state or Federal. court or otherwise for the d'legoeition of the
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<br /> , :�;,�r+.:�' property. -
<br />�.��L���� ,. ,. In the evene oE a eale ae provided in paragzaph 4, the Truetee shall _
<br /> be paid a fee by the Benef iciary in an amount not in excese of one percent of the _
<br /> gross amount of said sale or. ealee, provided, however, that the amount of euch =�
<br /> fee ehall be reaeoiiable and ehall be approved by tha Beneficiary a� to ,� _
<br /> reaeonablenees. 5aid fee shall be in addition to the costs and expeneee incurred
<br /> by the Trustee in conducting such eale. The amount of such costs and expenseR • _
<br /> ehall be deduated and paid from the sale's proceeds. It is further agreed that
<br /> ,! i£ said praperty shall be advertised for eale as herein provided and not eold,
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