|
. � ,
<br /> .. � . , . .. •r2`:.;a�M•.Z=•fP�'�Qi11�l101���1`�r�fs.:.�'�::;X7{`^ h"''++ "°'i'i'Yn7i''��.� .
<br /> kyu� . .-�..,. ... _ . ' . ' . . .... - _ . . �-
<br />, �. � � � qq - ��;uo�s �`J
<br /> :: � _.
<br /> .,; : �-
<br /> �� �
<br /> `'� (a) ei�her in per.son or by agent, with �`�
<br /> F;� or withaut bringing any action or proceedinq, �
<br /> or by recei.ver appointed by a court and with-
<br />_,. . �;� out regard to the adequacy of any eecurity, �
<br /> enter upon anda��k�hereofe8in�its own name or
<br /> erty, or any p �__
<br />= p;,±v� in the name of the Trustee, and do any acte
<br /> � •` whiah it deems nece aeazy and desirable to'
<br /> '� preeerve the value, marketabilitX or rent-
<br /> �" abilit:y of �he property, or part thereoF or
<br />_�, +
<br />_ � interest therein, increase the income t ere-
<br /> from or protect the security hereof, anc�,
<br /> _ without taka.ng possear�ion of the property,
<br /> - � eue for or otherwise colleat the rents, is-
<br /> suee and profits thereof, including those
<br /> past due and unpaid, and apply the same, lesa
<br />�;., . coste and expensea of operation and collec-
<br /> '��' tion, including attorney fees, upon any in-
<br /> ' deb�ednees secured hereby, a�.l in euch order _
<br />� ae Heneficiary may determine. The entering
<br /> upon and taking poeeeseion of the trust ee-
<br />_ , . tate, the col'lection of such rents, iaeues
<br /> � and profits and application thereof as afore-
<br /> eaid shall not cure or waivR any def ault ar
<br />� notice of default hereunder or invalidate dny
<br />- � '° ' act and in response to such dsfault or pursu-
<br /> � ant to such notice of default and, notwith-
<br /> ; standing the continuanae in posseeeion of the
<br /> �„ property or the collection, receipt and ap-
<br /> -, , ::� plication Qt rgnts; iseuee or profits, Trus-
<br /> f tee or Beneficiary may be entitled to exer-
<br />- " ciae every right prov3.ded for in any of the
<br />=�'' ' -� loan instruments or by law upon occurrence of
<br />�'�° `''° 'k'' an y event of default, including the right to
<br /> i; ,_ . � exercise the power of sale;
<br /> �1:�:
<br />-�"'"�'�'"��' (b) commence on nction to foreclose
<br /> 3"'±�'�� this Deerl af Truet as a mortgage, appoint a
<br /> Y'-':.:� '°'sw.
<br />-;�;�:�� � -�' recei.ver, or specifically enforce any of the
<br />��='�r �� •�"�` covenante hereof;
<br /> .� ,y..:�
<br />�`—";`��,.�:�,
<br /> ---a=t--'�: (c) delives to Truetee a written decla-
<br />��sP:N.
<br /> _t.� __ ration of deFault end demand for eale, an a
<br /> "'�;i`�:;'"����, written natice of default end Alection to
<br />� • � •' j cauee Trustor's imterost in the property tio
<br /> '.'�' be sold, which notice Trustee shall cause �o
<br />- �- � be duly filed for racord in the official rec-
<br />' � orde of trie county in, which the property is
<br />-=-:�;,.�,,,_., located.
<br />_: ar����_
<br /> '"` 13. Foreclosure bv Power of Sale. Should Beneficiary olect
<br />� . to foreclose by exerciso of the power of sale herein contained,
<br />- � Beneficiary shall notify Trustee and shall d�pasit with Trustee
<br /> this Deed of Truet and the note and euch receipts and evidence of
<br />- expendituras made and secured hereby as Trustee may require, and
<br /> �, upon requent of the Benefic iary, the Trustee shall file for rec-
<br /> � ord, in the Regieter of Deeds off ice in the County where the
<br /> property is located, a notice of def ault, eetting forth the name
<br /> oE the Trustor, the Book and Page or pocument No. of this Deed of
<br /> � Trust as recorded in said Reqieter of De�de offica, �he legal de-
<br /> � scription of the above-described real estate and �hat a breach of
<br /> an obligation, for which eaid real estate was conveyed as secu-
<br /> r.ity, has occurred, and setting f orth the nature of such breach
<br /> __� ,.w.. m,.,.e�•oo�a a7P�tion i:o ae�.l the real estate to satisfy`the
<br /> -..-. . ._'___"_ QAIt{ V��G a�.�.rrv� _ ___ i
<br /> obligation; and after the lapse of not less than one �ij mvn�.,, ,
<br /> the Tru�tee eh�ll give written notice of the time and place of
<br /> eale which may be between 9:00 a.m. and 5:00 p.m. at the prem--
<br /> ises, or at the Courthouse in the County wherein such proper�y ie
<br /> located, describing the property to be eold by its legal descrip- ;
<br /> � tion, eaid notice to be puL�lished in a newepaper of general cir.-
<br /> = culation in the County wherein such property a.s located, ance a
<br /> week for five (5� consecuta.ve weoks, tlxe last gublication to be
<br />= i
<br /> " 4
<br /> i — - -- - � -
<br />
|