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<br /> • . �; ' � � issues �asnd profits� thereof�, �inal�s�diaq �those , , � �
<br /> _-�"-'; _- - . . . past due and �ungaid; and applp� the, sa�e, less� � - _ _
<br /> ° � ..:- �`�`. - , ` ct��sts and� expenses �f operation and ct�llec- � . .-- -� " - -�
<br /> , . . . tion, � iaclndi.hg attomey, fee$, tapon amy ' � � � . �
<br /> . < " � . indebte8nes,s §ecured here�y, a].�. in snah
<br /> - . - � � , ' � order as Seneficia�y ma�y � determine. The � ;.
<br /> �� . . . . entering upon and talcing poasessfori cf��the � � . � " : •
<br /> ` �� � ' ` .�t�ust es�tat.�,,. the .collection of .su�h re�ts, �
<br /> ., .
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<br /> � . _ , : ='- -
<br /> i�ssi,�es and'prof�ts and applYCatia� thereof as •: . -- ,
<br /> ' `, '-i . • ' - aforesaid shall no� cnre or waive any dafacslt . ' : . ,
<br /> � . � - - ar nbtice o£ default here�nder or invalx�ate - � �
<br /> _ ` any act anc� in response �� saah defanit +ar . .
<br /> ': pursuant .to such notice of default and, not- ' � :
<br /> � � : r�ri�standing the cantinuance in pessessfon of � � �•
<br /> � .i;. - - -..-- - ._..._ "_ _. _ the �rppert� or tihe collectiott, receipt�,and , - ` .
<br /> - .-� -°- � app�.s�ation of rents, issues or profits, � . t
<br /> � - ' � � Trustee� or eeneficfary may be entitled ta � -
<br /> . . . exercis� every rfght provided. fo= in any of� , � � � �
<br /> ° ` , . , .. the. loan. inatruments or tiy ��w upon occurren�e , � �
<br /> _ - of. any event of de�au2t, inclo8ing the rfqht� � � � ' ,
<br /> ` ' ' to exerciae the power of sale; � �
<br /> . ,� � �(b) . comme�aQe an actfon � to foreclose � . � .
<br /> • � tbis Deed oE Tru�t as a mortqttge, appofnt a �
<br /> �. . • rec�iver, or specifically enforce any of the ,
<br /> � • covenants hereof; � ,
<br /> , � ; ,
<br /> � � tc1 deliver to Trustee a written . . ��' �:
<br /> � . declaration of default �nd demand for sale, ., r�
<br /> . and a written nat�ice of de�ault anc� electfon � ' -�-�
<br /> to cause Trustor's interest in the property � '
<br /> to be sold, which notice Trustee shall cause ' � �_-
<br /> � to bQ duly filed for record in the officfa2 �.
<br /> records o£ the county in which the property
<br /> � fs located.
<br /> 9.g. Foreclosure by Power of Sale. Should Heneficiasy elect
<br /> �, to fvreclase by exercis� of the power of sale herein containea,
<br /> . eeneficiary shall notify Trustee and shall deposit with .Trustee � '�
<br /> . . th3s� Deed of Trust and the note and such receipts and evidence of
<br /> �� j expenditures made and secure�3 hereby as Trustee may requfre, and
<br /> � upon request �of the Heneficiary, the Trustee shall ff�e for
<br /> f � record, in the Regiater of Deeds office in the County where the
<br /> . ' property is locatQd, a notice of default, setting, forth the name �
<br /> . ( of the Trustor, the Hook and Paqe nr pocument No. of this Deed of �'�""
<br /> � ; Truat as recorded in said Register of Deeds office, the legal � --
<br /> • deacription of the above-descrfbed real estate and that a breach . . , .
<br /> � , of an obligatfon, for which said real estate was conveyed as � ' � �.
<br /> ; securiLy, has accurrea, and settinq fdrth th�e nature of such � � -
<br /> breach and the Trustee's electfon to seil the real . estatie to _ . . _. .._
<br /> � , satfsfy the obligationf and after �he lapse of not leES than ong
<br /> (1f month, the Trustee sha21 give written notfce of the time and �
<br /> place of sa2e wh�.ch may be b�tween 9:00 a.m. and 5 p.m. at the
<br /> premises, or at the .Courthouse in thE County wherein such � .
<br /> property is. located, descrfbing the prop�rty ta be sold by its
<br /> � 2ega1 deacxiptfon, said ndtice ta be published in a newspaper of � � •
<br /> � yt�aer�I Gfrcniation in the County wherein such property is �
<br /> . � 1ocaEed, unce a week for five i5� Gons�cutive weeks, the last
<br /> � publieat�.on to be at least te� (10) days, but nat more than �
<br /> tniz~ty ('s0) days, prior to the sale; and the Trustee sha11 then •_---=
<br /> sell sai.d proparty at the time and plare designated in the '
<br /> _ � notfce, fn the m�nner pravided by law in effect at the time of ; �
<br /> - ...:- -
<br /> tilYng -said notice, a� pub�ic auctic,n to the highest bidder fc�r {
<br /> � c�sh and sha21 cleliveg to suc:h purchaser a deed to the �roperty . .
<br /> sold, consistent� w3th the law in effect at the time. �f
<br /> � Ugnn rec.eipt vf payment c�f the prirE� t�id, Trustee shall
<br /> � deliver to the purchaser, �rustee's deed con'u�ling the property �.
<br /> . solcl. Ke�ita►ls in th� 'Prustee's c�eed shall Y��: prim� facie E�vi- h`
<br /> - den�� trf t}�e �ruth r�f tl�� st�tements- m�d� th�rein. 'I��''1��E'E sh��.I
<br /> . app2y the prtic��c2s o€ t�� .sal.e _an the f.ollavoing ord�r: t�1 to r'
<br /> . . "a21 r���sdt�a�le costs and expense� af tfie s�I�, zr�cluc3inq t�ut nnt , .. � ►°. "
<br /> � i�.mit�:d �o, � Tru�sr.e�.��� fees of iY�t• ntore �h��rt 2.t7� c�f Che t�rc,s�;
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<br /> � . � � _4_ , ' �
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