,
<br /> 2� 17�2� 17
<br /> s
<br /> �b} With or v�i�hout notice, w�thaut releasing Trustor from any Secured �bligation and�v��hout
<br /> becom�ng a mortgagee in possess�on, ta cure any Default of Trustar and, in connect�on ther�with: �i]to
<br /> enter upon the Trust Property and to do such ac�s and th�ngs as Beneficiary or Trus�ee deems necessary or
<br /> desirable ta protect the s�curity of this Deed of Trust, includ�ng without limita��on, to appear in and
<br /> d�fend any action or proceeding purparting �o affect the secur�ty of this Deed �f Trust or the r�ghts ar
<br /> p�wers af Beneficiary or Trus�e� hereunder; �ii}ta pay, purchase, c�ntest or c�mpromis� any
<br /> encumbrance, charge, �ien or claim af l�en whi�h, in the judgment of either Beneficiary or Trustee, is ,
<br /> senior in priority to this Deed of Trust, the judgment of Beneficiary or Trustee being conclusive as
<br /> between the par�ies hereto; �iii}to ab�ain, and ta pay any premiums ar �harges with respect to, any
<br /> insurance requ�red to be carried hereunder; and�iv}ta emp�ay counsel, accountants, contractars and ather
<br /> appr�priate persons tia assist them.
<br /> �c� Ta commence and maintain an actian or act�ans in any court of competent j urisdic�ion to
<br /> f�r�cl�se this Deed of Trust as a mor�gage or to obtain specific enforcement of�he covenants of Trus�or
<br /> under this De�d af Trust, and Trustar agrees �hat such covenants sha�l be specifical�y enfar�eable by
<br /> injunction or any other appropriate equ�table remedy. For the purposes of any suit brought und�r th�s
<br /> subs�ction,Trustar wai�es th�defenses of laches and any appl�cable sta�ute vf limita�ions.
<br /> �d� To apply tv a c�urt of campetent jurisdiction far and obtain appointmen�of a rec��ver of the
<br /> Trus� Proper�y as a matter of str�ct right and withou� regard to: �i}the adequacy of the security for the
<br /> repayment of the Secured�bliga��ons; �ii�the existence of a declaration that the Secured�bligat�ons ar�
<br /> immedxately due and payable; ar �iii�the filing �f a notic� of default; and Trustor consents ta such
<br /> appointment.
<br /> �e� To ta.ke and possess all documents, books, records, papers and accounts of Trus�or or the
<br /> then�wn�r of the Trust Property; to make or mo�iify agreements with respect ta, the Trust Property upnn
<br /> such terms and conditians as Benef�c�ary deems proper; and ta make repairs, a�terations and
<br /> improvem�nts ta the Trust Property deemed necessary, in Trustee's or Beneficiary's j udgment, to protect
<br /> ar enhanc e�he s ecurity hereo f.
<br /> �f} To execute or cause Trustee to execute a�vritten notice of such D�fault and of�ts election to
<br /> cause the Trust Praper�y to be so�d to satisfy the Secured�bliga�ions. Truste�sha11 g�ve and recard such
<br /> noti�e as the law then requires as a condition precedent�o a trustee's sale. Trustor reques�s that a copy of
<br /> any notice of default and no�ice af sale b�mailed�o Trus�or at �ts mailing address set farth in Sect�on�.4
<br /> herein. When�he minimum periad of time required by law after such no���e has elaps�d,Trustee, �vithout
<br /> notice to or demand upon Trustor, �xcept as othe�-vv�s�required by law, shall sell the Trus�Property at the
<br /> t�me and place of sa�e fixed by it in the natice of sale, a� �ne ar several sales, ei�her as a whole or i.n
<br /> separate parce�s and �n such manner and order, all as directed by Beneficiary in its so�e discre�ion, at
<br /> public auct�an to�he highest bidder far cash, in lawful maney of�he Uni�ed States, payable at th�time af
<br /> sale. Except as required by law, neither Trust�r nor any �ther person or entity shal� have the right ta
<br /> direct the order in �vhich the Trust Property is sv1d. 5ubj ect to requirements and limits imposed by 1aw,
<br /> Trustee may postpane any sale of the Trus� Praperty by public announcement at such time and place �f
<br /> sale, and from t�me to time may pos�pone such sale by public announcem�nt at the time and place fixed
<br /> by the pr�ceding postpnnement. Trustee sha11 deliv�r to the purchaser at such sale a deed convey�ng the
<br /> Trust Praperty or p�rtion thereof so so�d, but witihaut any covenant or warranty, express ar implied. The
<br /> recitals in sa�d deed of any matters or facts shall be canc�us�ve proaf of the truthfulness thereof. Any
<br /> person, including Trustee,Trustor or Beneficiary,may purchas�at such sale.
<br /> �g� To resart�o and rea�ize upon the security hereunder and any�ther security now or later held
<br /> by Beneficiary concurrent�y or successive�y an�i in on� or severa� conso�idated or independent judicial
<br /> actions or lawfully taken non j udi�iai praceedings, or ho�h, and �o app�y �he praceeds received �n
<br /> accordance with the Sec�ion hereof entitled Ap�lication of Foreclosure Sa1e Proceeds, ail in such order
<br /> and manner as Beneficiary shai�determine in its sale discretion.
<br /> _lp_
<br />
|