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200000099
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Last modified
7/20/2017 7:08:14 PM
Creation date
10/20/2005 7:35:43 PM
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DEEDS
Inst Number
200000099
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200000099 <br /> as Beneficiary may determine. The entering <br /> upon and taking possession af the trust estate, <br /> the �ollection of such rents, issues and <br /> profits and application thereof as aforesaid <br /> shall not cure or waive any default or notice <br /> of default hereunder or invalidate any act <br /> and in response to such default or pursuant to <br /> such notice of default and, notwithstanding <br /> the continuance in possession of the property <br /> or the collection, receipt and application of <br /> rents , issues or profits, Trustee or Beneficiary <br /> may be entitled to exercise every right provided <br /> for in any of the loan instruments or by law <br /> upon occurrence of any event of default , <br /> including the right to exercise the power of <br /> sale ; <br /> (b) Commence an action to foreclose this Deed of <br /> Trust as a mortgage, appoint a receiver , or <br /> specif ical ly enforce any of the covenants <br /> hereof ; <br /> (c ) Deliver to Trustee a written declaration of <br /> default and demand for sale, and a written <br /> notice of default and election to cause <br /> Trustor ' s interest in the property to be <br /> sold, which notice Trustee shall cause to be <br /> duly filed for record in the official records <br /> of the County in which the property is <br /> located. <br /> 10. Foreclosure bv Power of Sale. Should Beneficiary elect <br /> to foreclose by exercise of the power of sale herein contained, <br /> Beneficiary shall notify Trustee and shall deposit with Trustee <br /> this Deed of Trust and the note and such receipts and evidence of <br /> expenditures made and secured hereby as Trusteed may require, and <br /> upon request of the Beneficiary, the Trustee shall file for <br /> record in the Register of Deeds Office in the County where the <br /> property is located, a Notice of Default , setting forth the name <br /> of the Trustor , the book and page or document number of this Deed <br /> of Trust as recorded in said Register of Deeds Office , the legal <br /> description of the above-described real estate and that a breach <br /> of an obligation, for which said real estate was conveyed as <br /> security, has occurred, and setting forth the nature of such <br /> breach and the Trustee ' s election to sell the real estate to <br /> satisfy the obligation; and after the lapse of not less than one <br /> ( 1 ) month, the Trustee shall give written notice of the time and <br /> place of sale which may be between 9:00 o ' clock a.m. and 5:00 <br /> o ' clock p.m. at the premises , or at the Court House in the County <br /> wherein such property is located, describing the property to be <br />
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