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201702619
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Last modified
7/28/2017 3:37:39 PM
Creation date
4/24/2017 10:01:38 AM
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DEEDS
Inst Number
201702619
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_ i <br /> 2� 17�2� 19 � <br /> _ r <br /> �b� �ith ar�vithout not�ce, w�thout re�easing Trustar fram any Secured �bliga�ti�n and withaut <br /> becom�ng a martgagee �n passession, �o �ure any Default of Trus�ar and, in conn.ectzon therewith: ��}ta <br /> enter upan the Trust Property and ta da such acts and things as Beneficiary or Trustee��ems necessary ar <br /> desirable t� pratect the security of this Deed of Trust, II1G�L1�lI1� W1t�1�L1� IlII7lt�tl�r1, to appear �n and <br /> defend any action or prac�eding purpor�ing to affect the security of this Deed of Trust or the rights or <br /> powers of Beneficiary ar Trus�ee hereunder; �ii)to pay, purchase, contest or campramise any <br /> en�umbrance, charge, lier� ar claim of�ien which, in the judgment �f either B�nef�ciary or Trustee, is <br /> seniar in priori.ty to this Deed of Trust, the judgment af Benef c�ary or Trustee being conclus�ve a� <br /> between the par�ies hereto; �iix}to obtain, and to pay any premiums or charges with respec� to, any <br /> insuranGe r�quired to be carried hereunder; and�iv}ta emp�oy caunsel, accountants, contractors and��her <br /> appropria�e persons to assist�hem. <br /> (c� Ta c�mrnence and ma�ntain an action or actions in any court of c�mpetent jurisd�ction to <br /> farec�ose �hi.s De�d of Trus� as a mortgage or to ol�tain specific enforcement of the covenants of Trustor <br /> under this Deed of Trust, and Trustor agrees that such cavenants shal� be specifi�ally enfor�eable by <br /> injunction or any oth�r appropriate equitable remedy. For the purposes af any suit brought under this <br /> subsection,Trustor waives th�defenses of laches and any applicable statute of lim�itations. <br /> (d} To apply to a c�urt nf competent jurisdic�ian for and obta�n appointment of a receiver of the <br /> Trus� Praperty as a matter af strict right and wi�hout regard ta: �i}the adequacy of the secur��y for �he <br /> repayment of the Secured�b�zgat�ons; ��i�the existence of a declaration that the Secured �bligations are <br /> imrnediately due and payable; or (iii)the f�ling of a not�ce of default; and Trustor consen�s to such <br /> appointmen�. <br /> �e} To take and possess a�� documents, books, recards, papers and accaunts of Trustor �r the <br /> �hen awner�f the Trust Property; to make�r modify agreements with respect�o, the Trust Property upan <br /> such t�rms and condit�ans as Beneficiary deems proper; and to make repairs, alteratians and <br /> impr��ements to the Trust Property deemed necessary, in Trus�e�'s or Benef�ciary's judgment, �o protect <br />� ar enhanc e�he s ecu�ity hereo f. <br /> ��] To execute�r cause Trustee�� execute a writ�en nvtice of such Default and of its election to <br /> cause the Trust Property�o be sold to satisfy the S�cured�bligations. Trustee shall give and record such <br /> natice as the law then requires as a condition precedent ta a trustee's sa1e. Trustor requests that a capy of <br /> any notice af defau�t and notice of sale be mailed to Trust�r at i�ts mailing address se�forth in Sectian 5.4 <br /> herein. When th�minimum peri�d of time re�uired by�aw after such notice has elaps�d,Trust�e,vvithou� <br /> n�tice to or demand upon Trustor, except as otherwise required by law, sha�l sell the Trust Property at the <br /> time and place of sale fixed by it i�.n the no�ice of sale, at one or se�eral sales, either as a wh��e ar in <br /> separate parcels and in such manner and arder, a�l as directed by B�neficiary in its so�e discretion, at <br /> public auctian to the highest bidder for cash, in�awful money�f the United States, payable at the time af <br /> sale. Excep� as required by law, neither Trustor nor any other person or entity shall ha�e �he right t� <br /> dire�t the order in which the Trust Property is sa�d. Subj ect to requirements and limits imposed by �a�u, <br /> Trustee may postpone any sa�e of tihe Trust Property by public announcement at such tirne and place of <br /> sa�e, and from time to time may postpone such sale by pu�1�c announcement at the tim� and place fixed <br /> by the preceding postp�nement. Trustee sha�l de�iver to the purchaser at such sale a deed conv�ying�he <br /> Trus�Proper�y ar por��an thereflf so sald, but w�thout any covenant ar warran�y, express or�mp���d. Th� <br /> recitais in sa�d deed of any matters or facts sha11 be c�nc�usive praaf of the truthfulness �h�reof. Any <br /> person, inc�uding Trustee,Trustor or Beneficiary,may purchase at such sa�e. <br /> �g} To resort to and realiz�upon the security her�under and any other security n�w or later h�ld <br />� by Beneficiary concurrently or successive�y and in ane or several consalidated or zndependent judicial <br /> actions or �awfully taken non j udicial proceed�ngs, or bath, and �o app�y the proceeds received in <br /> accordance w�th �he Section hereof entitled A l�cation of Forec�asur� Sale Proceeds, ail in such order <br /> and manner as Beneficiary sha�l de�ern�ine in its sole d�scretion. <br /> -10- <br />
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