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`9._10`051 <br />to si*ld.-transferred or further encumbered wlt%M the express at written consent at Umfletory . <br />sb tfltlsry sreyt at its mrle *Won, daclora all avow secured by this Deed of Treat to, be io di *tsiy <br />den stud payable and (►roeeN;ta rho available available to it under the default, *rayi*toea contained <br />`• - • <br />u. gwo =Or tacit. My of the "gellevir *vast* shall be dewed an event of default Mrewnders < <br />. (a) Truster: *hail have [sited to mein Pasant, of any •itlatallsent of interests <br />primelpal or'primeipal sad interest of any etkw err $seared hereby whew due�. ; <br />There hai eeewrad a branch of or d*fautt under soy tors. garment. <br />yrawawti ea�i Iii s�pkhi aa, • - - — ' <br />at Trust,, the vats as say ether loan Instrument 'secured berabyt <br />(c) There has be" a default by the Truster in the payment of. any prior or <br />asie@quaat <br />It" me oseanbrasd* is respect to-all or may part of the prop@rtyi <br />__ .. ;t) Truster shad [its a_voluntary petition in bankruptey'ar shod be 04)84[- <br />[ he bamettt K etaditass <br />sated bankrupt or iaselvente sr a ax sake w jeelR�rd er t <br />to respect to the propertyl or an otHoo is enforce my U tt me escumbtance me lods- <br />ones agalset the 'property it commeed. <br />It. fteeteratt aw Vfm default. to the event of day default, fstufieiary my declass sit Indebtedness <br />ascot*• <br />hereby to be den reySble0 sad the saes shell,tbsreapss became duo sad payable+ vithsat +nay <br />pcassetmast, dogged; protest of settee of say Iltmd. Tk@cmeft*r. sometiefary • ers <br />(o) althat is parsats or by &gone vttb or without bringing any mute* of pro - <br />eaedfmg, se by reCetver ,appointed by a coast dad w1theat-r011024 to the """ay of <br />arts geometry, astse wpm sod *aka reaeeeeton of the property, of any part thereat, . <br />to its von ROSS or In the soma et the Trustee, dad b say sets which It • down socessavy <br />and dselrable to preserve eke value. rrksttbility of rentability of the prsporay, of <br />part thereof or' Interest therein, fscreaw the faces* therefrom or protect the asearfay ~' <br />huge@( sad, witbgwt'tsktna reasesstam at tM property. awe for or otherwise collect the <br />wont** looms end profits thereof$ laelvdfng show past ds* and ampaids sad apply the <br />same, loss coots mad expasmas of opecatten dad collection, including attorney toss. up•m <br />may tmdtbtedeesa seettrsd hereby. all IS mach ardor as 1anegfeiary Ray dett"d is. The <br />? teteviog upam mod taking poboassfan'st the treat eatat *, the collection of each cents. - <br />Ioaua9 and profits dad mppitestfem thereof *s aforuitd shaft Rot ears or wive my de- <br />lamlt air notice of default hereunder Or Invalidate any vet and U ra*peits0.to such deb <br />leapt or peroummt to such notice of default end, notwithstanding the etmttaaenes IN <br />-.__ _ ____. _ pe_■_e *stete_a[.the_propgstr u_ the collection, receipt send application of rents, issues <br />efts lsusts41 os tene[lelmq say 1" istltied ti eiwseT�sryiigbc pravlMtfor - - - -- - - — - -- — <br />M <br />L <br />dK K • <br />to may of the lawn instruments or by low upon occurrence et. any event of defaults tw• <br />eludist the right is ax►retse the power of @@let <br />-(b). eveasece an action to foreclose able Deed of Trust as a mertgag*, aprelmt <br />a receivers of specifically enforce my of the Covenants harsel; <br />(c) deliver to Trustee a written deelstation of default and demsnd,ler soles <br />sad a wrtttem scale@ of default awed slectim is came Trusteree interest in the property <br />to be gold, which notice Trustee shalt cause to be duly filed far "Card is 1114 sftisiei <br />reesrds of the county In which the property 1s located. <br />17. foroclo";-t by Pont of Sate. Should lorficlary, elect to foreclose by exercise of the puss <br />of sale bersis eostalmo s sem*ffciary shall sottly Tevelas and *Moll deposit with Treat*@ this DNA of <br />Trust mad &1141 mate and such receipts end evideate of expenditures "do and secured hereby as Trustee <br />say requite, mad up= request of the sen*ffeiary, the Trustee shall file tot records in the Register <br />of Reeds office In the County where the property is located. a notice of defaults **aging forth the <br />wow of the Trusters Cho Reek and page or Decuo mt pee. of this Deed of Trust as recorded in amid <br />Reputes of treed* office, taw legal dageciptien of the above- demerlbd real estate end that a breach <br />of ao obligation, for which sold real estate was conveyed of security, has occurred, and setting forth . <br />the mature of such breach and the Trustee'* election to sell the real estate to satisfy the obllgatteal <br />end stag[ the tap@# of not Igoe Rhas am@ (1) Sangho the Trustee shall $Iva written notice *t the time <br />and plats of sale which may be between 1 :00 a.m. end S p.m. at the premises or at the courthouse. to <br />the caenty wherein such property is located. describlas the property to be mold by Its legal descrip- <br />tion, said notice to be published In a newspaper of general circulation to the County wherein sock <br />Property is located, ones a week for Live (S) consecutive weeks, the lost publication to be at least <br />tow (10) days• bet not rte than thirty (70) days, ptlor tau the sale; and the Trustee Melt chow 9011 <br />sold property at the ties and place designated to the reties. in the manner provided by low to effect <br />a& &be slow of filing sold notic*, at public auction to the highest bidder for cash and shall deliver <br />to such purcbss@r a dead to the property sold, consistent with the iw to affect at the time. <br />Wpm* receipt of the price bid, Trustee shall deliver to the purchase. TrostOd'a dead eaav*yimg the <br />Proposer "Id. Recitals im the Trusts*'• deed shall be prima facie evidence of the truth of the state- <br />mean arid@ therein. Trwtao shall apply the proceeds of the eels in the following orders (a) to all <br />reasonable coots and expenses of the s &I *. Including but net limited t*. Trustee's tees *t not auto <br />almm; x of the areas sal@ prices reasonable attorney fees and costs of title ev /Mncet (b) is all. _... <br />$ues "Cored by thle Deed of Trust; and (c) the excess, It any, to the person or parsons 102011y en- <br />titled thereto. Any person. Including tsndfelary. soy purchase said property at said sale. <br />The poreee eeeducting the sal@ mays ter may Caws@ h@ *s she da @ms expediant, regatta@ the Sale teem <br />at" to tlmo until It ehsll be completed ands Is every such east, notice of postponement shall be given <br />by publte declaration thereof by such person at the air and plate lost appointed for the gals; pro - <br />vUOd, It Cho tale is regtpon@d for lee8ar then one (1) day beyond else date designated to the notice of <br />@also Settee thereof *bell be given In the goer manner so the arlginal notice of sale. <br />11. Rmmadles Net ExCIw*Ive. Trusts* and lonsfieiary, and aieh of tins. shall be entitled to an- <br />farce psymast and pertessence of any indebtedness or abliastfon 0atured hereby and to oxvrelso all rights <br />!!R! powers under this Dead "ot Trust at under any loan lagtriment at otter. agreement or a•y_ lava -nor or _ <br />hereafter amfsread, notwithstanding some or oll.of the Indebtedness and obligations secure# hereby <br />which my mow or liefeafter be Otherwise secured, whether by mortgage, deed of trust. pledlee lien, desfgn- <br />meet or otherwise. Neither she acceptance of this Oeed Of Trust not its enforcemento whether by Court <br />:than ar pucevartt to the .Touter of gale of other povere flete!rt enntivi"P4, 411811 prejudice or In any <br />-- - IWWA*9 - dfrteu-Trun"— or neireitciaryso right fa- r0 @It.II -.ryow F:: "fo:ta = other setueftp ne4 ee "re- <br />stier held by Trustee or Renaticlary. 4t being agreed that Trustee and Reneffcldry. and each of them. <br />shall be entitled to enforce tills Wed-of Trust and any other security now or hereafter held by the sent• <br />flctasy er Trustee In such order and manner an they. or either of them. mny In their absolute diacsotlon <br />doleful*. Ito remedy herein conferred upon or resetved to Trustee or Ikerteftelery to intended to ba en- <br />elusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and <br />shall be In addition to every other remedy given hereunder or now- or Isereatter existing st law or in <br />equity or by statute. Every power or remedy given by any of the loan Instnuaente to Trustee or sene- <br />tlel*ry or to vkttel► either of thes may be otherwise entitled may be exercised. coneuttently or Indepen- <br />dently, [Cost time to -time and as often as soy be deemed expedient by Trustee er Reneficiary. and either- <br />et thas soy liuraus inconsistent remedies. Nothing herein shall be construed as prohibiting seneticlary <br />*tar tasking a deticitncy judlaent *&*that Trustor to the @*tent ouch action to permitted by law. <br /><:. <br />P <br />y <br />r•- <br />UM <br />