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<br />89--103030
<br />1s `gld,JtJrJ44M1 *red or furtilar encumbered without the express or written consent of 8e1Mefi01617,
<br />aamOflelary my, at its solo option, declare all suss secured by this peed of Trust to be immediately
<br />do* aed payable and proceed to the remedies available to it under the default provialoas contained
<br />bowels.
<br />11. gy@gta of Default. Any of the following evosto shall be dewed an event of default kcraundest
<br />(a) Truster shall have tailed to "eke pay"m of may installment of interests
<br />principal or principal and interest or any othew aw Hcered hereby when duel.
<br />(b) There has occurred a breach of or default under any term, covenanto
<br />agreements condition, provision, reptesentatiam or warranty contained to this Wed
<br />01 Treat, the mots or say ether logo internment "cured 6reb7i
<br />(e) Tore has been a default by the Trustee in the payment of any prier or
<br />subsgreat lien or encumbrance to respect to all or sway part of the propartyl
<br />(d) Truster shall file a voluntary petition in bankruptcy or shall be *djudi-
<br />tated bamhrupt Or 61MO A06t, Or Shall "to M aHit WMW for the beaetit Of treditors
<br />in respect to the pempirtyl or am action to emeoico away line or eaetnbranea or judg-
<br />. to easiest M - Peopeety t0 coo COd.
<br />It. AcC*I*KJtI!M'IMft Default. In the event of any default, gneficiavy may declare all indebtedness
<br />ssee*Od hir�tt be dine and payable, and the samat.•ahell thereupon become due and paymble'vithwt Soy
<br />pess*nlala e. demand, pr*tomt or notice of Soy hiN4" Thereafter, Beneficiary 0671
<br />(s) sithor in parson of by apmts with Or without bringing any action or pia,,
<br />teNins; or by raesiwr appointed by at court end w;tthest regard to the adequacy of
<br />away aoea+tlty, enter wpm and ttoko pHosi"Un of the property, or Sway Net 0610011,
<br />So Ate atom now or In the new if the Treated and oh say acts which it door moHSeary
<br />and ulatAaable to prowe"o, t1so **Iwo, matkets►1lity er r*ntabtllty of the property, or
<br />pert t;bsieef or interest thleieeim. Inereeeo the !neat therefrom or protect the security
<br />beratd:'.oimof, witbmrt taking possession of She property, No for or Otherwise collect the
<br />reate, leaves SAO profits thereof. ineFcdias tbo" post due and unpaid. and apply the
<br />soma, lose tests mad expose" aul.opeeatiem and collection, including attorney fees, upon
<br />away ladebtedNses secured beeeby,. all to web order as BemSfieiary may determise. The
<br />entering upon and toung pomseaoaCam'ef the treat estate, the collection of such rents,
<br />loaves and profits and appltttt:tabn tbeceel✓:aa sflreseid x611 not errs or wain any de-
<br />fault or notice of default boeouimder• ie f validete Soy act: me is awpon*o to sueb de-
<br />fault or pursuant to seek Matto of derealt ends setritbatondimg the cootisueocs in
<br />pos"evion of the property ow eke collection, recetitt and application of rSote, leans*
<br />or profits. Trustee or amettet,ry my be entitled to exereiso every right provided for
<br />Is an7 of the lees instruments or by law upon occcrrnece, of any event of default. in-
<br />eluding the right to exereias t1he poser of Salo=
<br />(b) coo ce an action to foreclose this Deed of Trust as a mortgages @ppolat
<br />a resolver, er ep"ifleally enforce any of the cevemonts hereof=
<br />(c) deliver to Trustee a written declaratiom of default and 4e0and nos *cis,
<br />igii-A-0tlttw 0"Ice At defattz- app slaetlM te= air -sear property - -- - - to be Hid, which notice Trustee shell cause to be duly tiled for record to the official
<br />eeC@rde me tan county IN which t6 prepwty is ietstoda
<br />17. ►ereelesure by fewer of Sate. Should lonificiary elect to forceless by exercise of the parer
<br />of onto bStSis contained, BeMlleinry atoll notity image sod shell deposit with Trustee this WN of
<br />Treat app the mete and oueb receipts anet *videmco et: axpaorditrrH mods and severed %moby as Trustee
<br />ausy require. *ad wpm request of the la society; the Trust** shall file for record. in the Register
<br />of boade office in the County where the proposer, Is 19rate4, a notice of default, setting forth the
<br />omens of the Trwtere the goon and past or Doco meme Itoe of this Dead of ,Trust as recorded in *aid
<br />Register of Oeode office, the legal description *f the above- described real estate and tkat a breach
<br />of as obligation. for which mid real:astato wen eoaveyed as security, has occurred, end Rettig$ forth
<br />the mature of sue% breach and the Truerm's eloeitton to sell the real estate to satisfy the obligation=
<br />and after the lapse of not less tkan ante• (1)•isttit, the Trustee shall give written notice of the time
<br />mA gtac* of; sale whleb may be betvaea lies a:.w..and S p.m. at the promises, or at the Courthouse is
<br />tbe;.c*anty wbbr *ta such property le located. describing the property to be sold by its loss& destrip-
<br />alone sold notice to be pilishad Is .a newspopet•of general circulation in the county wherein such
<br />property is located, ante a walk toi- t *e (S) consecutive web, the lest publicatlem to be at I*"&
<br />tom (10) days, but not mace them Meer (70) days, prior tot• the sale: and the Trust** shall them sell
<br />mid proporty.at the time and place designated Is the notice. im the answer provided by law is effect
<br />at the elms of filing said notice. at public awctlon to the highest bidder for soak and Shall deliver
<br />to *meb poreboser a deed to-the property sold, emwsiateat with the law to Offset at the time.
<br />$pOw receipt of the Falco bid. Trustee Amit deliver to the purchase. Teusteae0 deed conveying the
<br />Ile petty sold. Recital@ to the TrmstWs dead•*%all be prima facie evidenco of the troth of the state -
<br />awt* as" thereto. Trwtes chat1 apply also pcoteed0 de ll
<br />of the sale In the following orrs (a) to a
<br />woaseasble cant* mod expenses of. the +sale. Including but met liatted to. Trusees fees of mot more
<br />than �X of tbs gwess..p4g price, rpsomahlir: attorney fees and co a
<br />costs of title evidence: (b) to all
<br />sans succeed by this OsM. at, Trowel, and (c) the excess, it any. to the posses or psrsome legally en-
<br />titled thereto. Any period. Ineludia$ Beneficiary. my parchtane Sold Froporty K said sale -
<br />The person a@ lusting the sale may. log any cameo h* or she dooms esped lent. postpome the Oa1S from
<br />elm to tin@ until it shall be couplet 'd arid, to aw ss
<br />minty suck to. Notice of po@tFosaa t shall be $Ivan
<br />by public declaration thereof by such ptr*om at the time and place last aFFolated for the @slot per
<br />vide, it time wale is peeuntpon0d fur longer then me (1) day beyond the date designated In the notice of
<br />sale. Notice thereof shall.le given in the same 0amosr as the original notice of sale.
<br />14. M000dies Not Raclwlve. Trustee and Beneficiary, end each of then. shall be Ontitlad to *a-
<br />feres p lwast end performance of any indebtedness or obligation secured hereby moll to eserelse all cigbts
<br />and powers under this Ned Of Trust or under any less instrument ee other 0grsement or Soy law new or
<br />hereafter enforced, aotwitbstoodims son@ or all of the Indebtedness and oblleatiome secured hereby
<br />which my maw or hereafter be otherwise secured, whether by mortgage. dead of treat# pledge, life, assip-
<br />mSet Or otherwise. Msither the sec *ptamct of this Deed of Trust nor its enforcement. whether by coca&
<br />action or Forecast to the purer of salt or ether power* herein contained. Nall prejudice or to any
<br />snow offset TreStes•a or Beneficiaries right to realise upon or enforce any other security now or bar*-
<br />after bold by Trustee or Benoffeisty, it being agreed that Trustee and Beneficiary. and each of tbem,
<br />*bell be omettlad to emferes this Dead of Treat and any other security now of hereafter held by the Bane -
<br />fictary *a trustee to such order and Renner as they, or either of them. may in their obsolwte discretion
<br />determine. Me remedy herein conferred upon or r@served to Trustee or Beneficlmry to Intended to be ex-
<br />clusive *1 any other remedy herein or by law provided or permitted. but eacts shell be cumulative and
<br />*hail be to addition to *eery other remedy given hereunder or now or hereafter existing at low or In
<br />squatty or by statute. Lvory power or remedy given by any of the loan Instr,.sents to Trusts* or Ilene -
<br />fieiary or to which either of them way be otherwise entitled ear be eserelPed, rnneuvrently or Indepen-
<br />deatlya from ciao to time and as often as Ray be doomed expedient by Trustee or sensticlary. and either
<br />*1 than may pursue Inconsistent remedies. loathing herein shell be ronstaued as prohibiting loneftelety
<br />from *@chin# a deficiency Judgment against truster to the extent such action 1s permitted by law.
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