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• � � � ��14�7133 8. DiJE �N SALE. Bene�icia�ry may, at i�s optian, declare the entire ba�ce of t�.e �ecured Debt�a b� xmmed�iately due and payable upan the crea�an of, �r�antra.ct f�r the cre��.on a� a transfer or sale of a1I ar �ny part of�he Proper�y. T�us �ight is su�bj ec� ta the res�riCt�uns iumposed by federal law, as a�p�icable. 9. DEFAT�LT.Trustor will be i�n.default xf�ny of th�follov�ring o�cur: Fraud.Any�ans`umer Barrower eng��es u�.frau�or mat�rial misrepr�s�nta�ion in cannect�an�.th�.e Secured I)e�at that is a�open end hame equi�y p�a�.. P'�yments.Any�ansumer�arrower on�.ny Sec�ured De��tha.�is a�open end hame equ�it�plan f�.�ils to ma�ke a�aymen�when due. Property.Any ac�.on or in.�ction by t11e Barrower or Trustar occur��at ad�ersely a.fFects tk�e Prap�x�t� �r Beneficia�ry'� righ� in th�Property, Thi.s includes, bu� is no� lunited�o, the follov�in.g: �a� Tru�or fails ro maintain required insurance on the �r�rty; �b� Tru��or �ransfers the Prap�erty; �c} Trus�o�r cammi�s was�e or o�herwise dest�uctively uses or f�,its to maintain the P�opert�r such th��the ac��n or inac�i�m ad�er�ely affec�s �eneficx�ry's se�urity, Cd} Trustor fa�Is t� pay �a.xes on the Praperty �r ��herwise fax�s�o ac�a�nd thereb�Gauses a lien ta be fii��d against the Prop�r�y that is sen�or ta fihe lien of this Security Ins�rument; �e} a �ale Trus�or d�es; ��} if nnvre t�an one Tru�tor, an� Trustor dies and �eneficiaxy's secwr�ity �s ad�rersely af�ected; Cg) t1�.e Pro�erty �s �.ken �hraugh e�inen� domain, �h.} a �ud�me�.�is�.��d aga�ns�Trustar and subj ects Tr�stor and�he Pr��erty�o act�on tha.t�d�ersely affec�s Benef�iary's interes� or tx} a pr�or��ernhalder fvrec�oses nn the Pr�per�and a� a resul�,Benef�ci�ry's in�efes�i�ad�ersely affected. Exe�cut�ve (�f�cers. An� I�arr��rer �s an e�ecu�ive o�'i.cer �f B�ne�iciaxy or an affil�ate and such Borrower becomes �tdeb�ed�a ��neficia�or an�ther leader in an a�gr�ga�e amount grea#er than �he amoun�pern�i.�ted under federa.11a�vs and regu�atians. 1�. R�MEI)�S�]N D�FAIT�T.In add.x.tian to a.ny o�hef r�medy avail.a��under t�e�erms of this Security Ins�.xumen�, �enef��xa�rgr may �r,c�lera�e �h� Secured Deb� aud foreclose this S�curit� Instxument in a maxxn.er prov�d�d b}� law if Trustor is in defau��. In some vnstances, f�dera.� �.d sta.te 1�w wi�l r�equu'e Bene�.c�ary to pro�ride Trustor wi�notice of the r�ght ta cure, or ath�r not�ces and ma�r estak�l�sh�ime schedu�es far foreclosur�actions.Fach T'ru�tor requests a copy af a,ny notice of defa�xl�and any no�ce af �a�e�.ereunc�er�e��ed ro ea�h Trusfor a��.e address pr�vicl�d in Sect�on 1 �bo�e. A� th� op�.on of Beneficiary, all or an� part of t�e agreed fees a�nd charges, accrued u�terest and principai sha�l became imna�.ed%a�e�y due and payab��, after giving notice if required by Iaw, up�n the occurr�nce af a d�faul�or anyri�.e�hereafter. If th�re is a defaul�Trus�ee shal.�,a�the request of the Benef�ciary,advertise and se�1 the FrQperty as�. whole or in sep�ra�e parcels at puhl�c aucrion tfl the hrtgbes�bidder for c�sh�.nd co��ey ��Ssolute �i�.e free and��ear of al� r�ght, tit�e and interest af Trustor at such ti�rie �nd pla�e a� Trustee d�s�.gna�es. Trustee sha�l gi�r� �o�ce of sale inc�uding the time, �erms and place of sa�e and a descriptian �f�e propv�y to be said as required by t�ie applicab�e xaw�n effec�a��e time of the pro�sed sa�e, Upon sale of�he Froperty and�o the�xxtent not proh�bit�d by law,Tx�ustee sha.I�make and deliv�r a deed �o�,he Proper�y so1.d�cr�auch canv�ys abso�.ute ti�.��t�ie purch�er,and af�ei first I�aYing aIi fees,charges and cnstis,s�►a��pay�o Benefi.c�a�al�mone�s advax�ced for repairs,�es,llx51I�.Ges Ii�ns,assessmen� �n.d�r�or encumbrances a�.d int�re�t�hereon,and the�rincipal a,nd intere��on f�.e Secured D�bt,P�Y�� the sur�lus, if ax�y, �a Trus�or. Beneficia�y m,a�� purchase �he Pr+aperty. 'The rec�ta�s in a.ny deed of eonve�ance shall b�prim�f��e e�dence af th�facts set forth therein. Th�a.�cep�c�by Bene�c�ary nf any sum in payment or partis�l payment on�xe Secu.r�d.Debt ai�er the balance is due nr�s acce�erated vr af�er forecXasure proceedings are fil�d shal�n.a�con�t�tu�e a waiver of Bene�ciary's r�ght�o requir� camp�ete �ure of a�y ex�s�ing defaul�. By not�xercising any remedy an Trus�or's defau�t,Benef�ciax�does no�wa��Benefic�axy's righ�ta�ater consider�h�event a default if i� happ�ns aga�n. fpa9e 5 of 9) �3'!994 Vllolters lCluva►er FinancEal S�rvir.es-Bsn�c�rs Syst�ms� Form[JSAAHEDT-NE B13�I�U13