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<br /> � 90-- i0'7464 �r�.��.
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<br /> ' leation thereof, aither for tha operntion, aare and prnaorvr�- � ''�` --
<br /> ' , tion o! thQ Property, or, at the aloation of tho Peraon ~�?��'�� ��':'�.:;��=�s
<br /> .. : • -,��— - -
<br /> _ � exeraieinq the riqht� under this Seation in its sole discre- „"°_',`"-�y
<br /> �:y_'--
<br /> tion, as provided in Seatian 3.03 of Che Trust Aqreement. r�-,��-�---T�
<br /> The Person exercisin the ri hts under this Section is aleo �''��:=�.-r;
<br /> .,,�.. , . 9 9 ���.Y�'-, .�.....;:�., -
<br /> 4 �'
<br /> hereby granted full and complete authority while an Enforce- �
<br /> '��',;;.` ''� 1 mer�t Notice ia in effect (vii) to emplay watchmen to protect , , ,; .
<br /> !,�;'�'.�.� .:.� � �'����i�;`- �": the Trust Property; (viii) to continue any and all outstand- �� �� ,�%•�
<br /> � i��I ,• ,f�A�•�.i���;'.1'��: �':t.rl'irl� ,'),
<br />...�t 1 I •� ' •��-• 4�ST'". ..
<br /> ;;�,�,,i;�;• �.: �:,��i�L:�.�_..�;:;,�4, , . ing contracts for t he erec t ion a n d c o m p l e t i o n o f I m p r o v e m e n t s ,
<br /> , , fk ��,:;;,, � r,;;� to the Property; (ix) to make all necessary and proper �, , .���
<br /> ,,,;:�: � � •.� ,.�� r e p a i r s, r e n e w a l s, r e p l acements, abterations, additions,
<br /> . . ° � bettsrments and improvements to tt��e Froperty that, in its + ���
<br /> sole discretion, it may deem appropriate; tx) to inaure and �. _ ,� „�.,�..,;,;:�;{,,;,•
<br /> � reinsure the Property for a31 riaks incidental to the ;��.',�tr:;
<br /> , . Beneficiary's poasession, operation and manaqement thereoft � . - ; ►t,;�;
<br /> � (xi) to make and enter into any con�racts and oblic�ations • ~��'f:':€r;`=;;'
<br /> .� .� .
<br /> .,F,�,� . wherever neceasary in its own name for the opera t ian, c a r e ��.•r�. :.�
<br /> 4 and preser��uation of the Trust Property, and (xii) to pay and �'���'y=""
<br /> � ,:; , �-:�� � .
<br /> � ���� �`� discharge all debts, abligations and liabilities incuxrad �, :, "91�
<br /> • , • :. , • �'��:
<br /> �`{��5��:�'' thereby, all at the exp�anse of the Trustor, and the Peraon ••{:,. •
<br /> 1�, 1 �V�:.
<br /> � � exercising the rights under this Section ahall not be liable �
<br /> �' � � ,. to aacount for any action taken hereunder, and shall not be ����+•'' ;�3;r�
<br /> '�;�� � ��;';{';,��•r:: �. ' liable for any loss susteined by the Trustor resulting from p" '""� � �
<br /> � � ��. <,,.�
<br /> �,��, � . ,;,.� i,J•��..�-:� � '::,s.;�
<br /> .,,,, � �� ��('.�'�-�� � any act or omission o� such Person, exce�t to the eactent such t. �. ��,',,.
<br /> . . �i�r�}5...4f.� � �•:.�}S�;'.�•
<br /> ,:,,,�,,,ti..,, . loss is caused by such Person s willful misconduct or gross ��;i,:,,.:�,.,;;;; ���.;�;,,,, .
<br /> . "a�',+� ,�.,'•� negligence. All such expenditures by the Person exercising �.;;� � � :. .;
<br /> �-�'��::�-�-- --=' the rights under �h3R section shall be Secured Obli�gations ; _ , �
<br /> . , . - . , . . .:;,..,::'
<br /> ' . hereundex. ��� �
<br /> �
<br /> � SECTION 5.04. Fereclosure Rece3ver. While an ;
<br /> �� . Enforcement Notice is in effect, the Benefic ary, w�th or �
<br /> � � without entry, shall alsc have the following rfqhts: I
<br /> (a) to instituta a proceeding or proceedings,
<br /> by advertisement, judicial process or otherwise, as
<br /> provided under applicable law, for the complete or
<br /> partial foreclosure of this Deed of Trust or the
<br /> complete ar partial sale of the Truet Property i
<br /> � • � under the power of sale hereunder or under any �
<br /> , applicable provision of lawt �
<br /> 4 �
<br /> (b) to sell the Trust Property and all �
<br /> estate, rfght, title and interest of the Trustor
<br /> � �:._;`,� therein, as a whole or in separate parcels, at one
<br /> •' �..' or more sales, at such time and place and upon such �
<br /> terms and conditions as may be required by �
<br /> , applicable law; I , '
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