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___. �A"" M:•J ltnSJlti��`'„ �.`-!'%. 4:•; 6r;' 1, t ;ttgr,s,':�;.:'x�^'= r._-- ^:.z-_ ..,�: +ti +� 90--- 10682 - _ It Nld, er$sefsrrM k! furlbor eecuabermd Without the express or urlttea consent of leneticisrp. IsnSoldatr say. at !tea Bole option• declare all ttw aecuted by this teed of Ttuat to be lswmdletely rue and payable and proemad to this remedies aysflabls to It under the detevlt provisions eoneslsed hotels. shall ll. t„_,ests of Oslsult. Any of the following events all to deemed an event of default Asrstndsrt (a) Trustor $limit hevs failed to make psyasnt of any Installment at Interest, principal or principal and interest or any other suss secured hereby whom due;- (b) Thera has occurred a breach of of default under any term. covenant. Sgrsesrst, cowditlon. provleion, reprasmstatlon or warranty contained In this Ord of Trust, the note or any other loan tnatfusent secured hereby; (e) Thiess has been a default by flu Tfustcr In the payment of any prior or Subsequent Iles or encumbrancs In respect to all or any Part of the property; (d) Truster shell file a voluntsry petition In bankruptcy or stall be adjudi- catell bankrupt or insolvent$ of ahell make an assignmeat for the benefit of creditors to respect to the property; or all action to enforce any lien or oncumbrance or Judg- mants against: the property 10 toesmnced.- seee12. Reeeby to 1a dw esnd paxabla.lana tMvmemo mluell thereupon becessesldua and payabLa without$ �.adwses recommitment. demand. protest: Olt MOPU m eE and 1tLrxfl. Thereafter. leneflciscy sage (a) sCtihmr, an VMCWrot 'or Ns'aaetmA" kith or without brfntint any action ar III smadlgg, ire byg taaeC.`M* aM'VoYated by is fewest and w.ttAout regard to the sdmquaty et say seeerltjy, M*Mit %Lpee ='d take peesesnpen of she prepotty& art any part thereof, lne iRS mat WASS er um tTe rams of %be TrwaCese and do any seta wJaLQ1► it deems naeesaary rxe4 dmo6reDtle to preasrae Who volume marketaballit me tentabitL•ryo mC the ►[sporty, or Lenart therela. of ineteremt ttareiln. increase thin lacgatt tciarafeom rnr protect cite amaurity haceot "and,.WftToot taking possession of the preperty. sue for ere otherwise collect the costs. Issues and nreftte thereat. including those past due and (em.afd, and apply this soma. leas testa Mae expenses cot operation and collection, t1lo turn attorney tree. upon any ladebtaft, wo ierreared hereby. all In Such order as lmmnsticlary may do"Weetns• The entering upon " tatlklmg Nmemessfon of the trust estate, the collection of such rent. issues and preftts and aFnae¢atlon thereof so aforesaid Shall not cure or valve any de- fault or notice of defouit•hereunder or Invalidate any set and In response to, such do- tault of pursissnt to such notice of default and. notwlthateendlne the contlauenCe In possession aC to property or the collection. receipt and application of rents, issues or protits. EgielLtae or soneticlary may be entitled to esercf@e every right provided tar lm any of ttia L'icon Instruments or by law spat seourfamea of any accent at dm[awlt. 1st carding the tl:a'ht to exorcise this roe er at sale; . . m (b) Coumtee an action to foreeleaS this Mesa 'ZI Trust as a mortgage„ 440ofnt • reecatwoc. at gpiseifieally enforce any of this cmie4wx .s hsrsotl 0? 4JsEiser to Trustee a written imclerstimeI, aN default wet demand for sales It to be gold. wbicl hnotice Trustee $halt cavn es IDs 8 a re &a filed record to the official eeegedet of the county In which ties propsrtle Iles twm%eed• 13. Foreclosure by Tower of Sale. Should leomUcLaer atecCht�tforeclose by Trustee Of Dea%sst of sale hesetw contained. g•n•rictary $hail nocilfle u:ai:;: �- : deposit and the note and such receipts and evidence .ie expenditures made and secured hawaby as Trustee may t and th and upon regwat of the lens[icls r,, pJru Trustee* @hall file Car. record, In the Rsgistsr of heeds office In the County when• the property Lo tryeaemd, a nocfea eC de €eu1to setting forth the BMW of the Trustor. the gook and Fag• of Docaaemt;itm. oil tbts Deed of Trust as recorded In said Rsglat•r of Deeds office. the legal description of the above - described real .•tat• and that a breach of an obligation. for which sold real estate use conveyed as security. tees occurred, and settleg forth the mature of such breach and the Trustee's election to $ell the real estate to satisfy the ebllgatfost mn1 after the lapse of not less than an 9200 (1) month. the Trustee •hall give wettten notice of the time and alter of sale * of may es bthan a 9200 a.m. and S peg• at the premises. or at the Courthouse in ties Cowtty wherein such Property Is located, describing the property to be sold by [to legal deserlp- stelae sold notice to be published In a newspaper of general "well fn the County wherein such property is located. once a week for five (S) ccnsmcutivs Math. the last publication to his at least teS (10) day@. but not awes than thirty (70) days, prior to flee salmi and the Trustee shall thew $ell said property at the time and place dealgnstad to the "ties. In the Sooner provided by law !w effect at the tima of filing gold notice. et public auction to the highest bidder for cash and •ball deliver to such purchaser a deed to the property sold. consistent with the law in effect at the time. (!port receipt of chi• price bide Trustee shall deliver to the purchase. Trusses'• deed conveying the pssprty sell. Recitals in ties 7se+sceais dead shell be prise facts evidence of the truth of tie state - aents a@de therein. Trustee etesll apply the proeogdo of tta.sole In the following orders (a) to all Sears ends Comte end Wastes of the rile, Including but ngt limited to. Trustee,* fees of net ears that I of tine groom sale price. reasonable sttommy fines and costs of title evidence; (b) to all sue• secured by this Dted of Trust; and (c) the excel@. if any. to the person or persons legally an- sltled tMrete. Any parson. including leneftclary. way purchass gold property at sold sole. The person conducting the sale may. for any cause ha or site deems expediento psatPsne the eels from time to time until It shell be completed and. In every such tome. notice of postponement shall bo $&VM by public declaration thereof by such person at the tier and place lost appointed for the sale; pro- vided. It tine sale is postponed tow lontler than one (1) day beyond ties into designated in the notice of •ale• notleei thereof shall be given In the same manage as the original notice of isale. 14. Remedies Not Eselluelve. Trustee and lenatlCIGM and each of thew. shall be entitled to en- force payment and performance of any indebtedness of obligation secured hereby and to •aereiso all rights and h reslteraenforced ., ;notwithstanding some of allyofotheinstrument Indeb edness andeobligations laws Of glitch may now or hereafter be otherwlac lectured, whether by mortgage, deed of trust. pledge. Ilene assign - ment or otherwise. Maither the acceptance of title Deed of Trust nor its enforcement. whether by court ant o er pursuant to the power of sale or other powers herein contained. shall prejudice of In any "gate affect Trustee's or Beneficiary's right to realize upon or enforce any other security now or hart. alter held by Trustee of Beneficiary, It being agreed that Trustee and Beneficiary. and each of theme eibell entitled they. or other ofutl m,eany to theirtabsolut by the tioo- deterstne. No reSedx herein conferred upon or reserved to Trustee or Beneficiary is intended to be ea- elbaLLvhe is sddtthLon: to everr e Other remedy, glvemv hereunder eof now dof hereafter hexl tinguatllagvaraln clunite of any egwCt:r o, by statute. Every Power or remedy given by ony of the loan instruments to Twustee or vans - f1cC@ry-or to which either or Giles may be otherwise etrtLtLed say be exercised, concurrently or lndepen- dentLy, Eras clime to time and oo often as say be deemed expedlent by Trustee or Reneficisry. and either: Of Rhes gay pursue e€ eEeneyLjudltnent against Teuot:ar toticehe sluelt be construed as sucti. action l• permittednbyllavtielawy llcoet $asking -2-