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<br /> RE-i�ECOE�D�D S�
<br /> ,_ iQ638'7 gg.� 1OS228
<br /> !1. E�'F.1"1'�Oi� 11h:I�AI I:' �ii� ��f ih�• t��ilm�•in�;����mt�yh;iU h�,�ie�rmi��1 nn ���•��nt ��Y ri��f'uult h��r��und���•:
<br /> ` �al 'IYustur tih��l!hn�•o t:u1���1 t��m»k��p.icn•�rnt ut;in�•in�tallnu�nt ut�nt��re�st.prm��p�iL��r pnnripal.�nd intere9t nr�im•
<br /> ntht�r,aum ecrurcKl hor�ht•o•ht�n dui•; ��r
<br /> �b► Ther��ht�s occurre�i i�hreurh nt'ui•ctefuult und��r unt•h�rm.�•u�'��nunt,u►;mt�m��nt,cunditiun,pru��yinn,repre�entution
<br /> ar w�rraoty contiune�i in uuy��f ih�� 1����n lnetrumt�tit:+.
<br /> � 10. ACCELERATIl1yUt't.1NI�h:HAI�I;P.o�1�1�17'I<�NAI.Ith:h1F:1)Ih:S. �ihuuldianevent��fdef'nult��ccurHeneficiary
<br /> may dtK`lttre tlll Illdeht�lt�s e:ecured h��rc�t�t•lu hc�dtti�amd pi��•a�hic;�nd thc�Nume bhali ther��upim bc=cv►me due t�nd pttYitblo
<br /> �vithaut any presentment,drma�nd, p���tc�y1 ���n��ti�Y�uf a�m• kin�l. Therta�fter Heneficir�n� mtiv:
<br /> (i1 6itkes in pc�rron ar hy u�;rnt,���ith ur��ithnut b��n�,rin�an�actiun ur pn�ceedin�,ur h�•a receiver appointed by a caurt
<br /> and withaut mgArd to the i�dequ�c�of'its aecurit�•,enter upon aad take Fx�syewKiun af the 1'►ltst I;atate,or any p�rt thereof,in
<br /> it,ti�wn name ar in the nnme of 7`ruatee,and do c�ny actA which it deems necessa:�•or desirahleto preservethe value,market-
<br /> ability or rentabiGty of the Trust F.Ptate, or part thermf ar interest therein,increase the income there&am ar pratect the
<br /> security hereof and,with ar w7thout takinR possession of the Trust Estate,sue for or otherwiae wllect the renta,iasues and
<br /> pmfite thereof,including those past due and unpaid,and apply the same,less wsta and exgensea of uperation and mllection
<br /> ineluditfg attorneya' fees, upon any indebtedness secured hereby, a11 in auch order as Hen�eiary may determine. The
<br /> , entedng upon and taking possessic�n ef the'IYust�;atate,tke collection of euch renta,issues ana�.grofits and the applicat�on
<br /> thereaf ae aforesaid,ehall not cure ur waive any default or notice of default hereu�der or in�alidatea�4 a�done in response
<br /> to euch default or pureuc�nt to such natice of defauEt ared,notwitt�atanding the continuance in possea�ion ef Rhe'ISrusL Eatate
<br /> or the collection,receipt and applicatiun af�rents,iasues ar profita,Tlvstee or t3enefici�shai�be estitled ta exerciaeevery
<br /> right pmvided for in any of the l.oan Instrumants or hy I�w u�vn c.�c:w:rence�f an�e��e�:E L•`���efault,induding the�eg�t te
<br /> exerc�se the power of sale;
<br /> �ad1 Commence an action to forecla�e thia need of Traat�s;; R:rr�;���,appri r.t a receiver,or ApecificAlly Pnfarce any of
<br /> the covenanta hereot;
<br /> � (iiil Deliver to'I�uate�a written declxration of default and demand for sale,and a written notice of default and election
<br /> to cause 7�uetor's interest in the 7`ruat Eatate to be sold,which natirn Truatee ahall cAUae to he duly filed for reoord in the
<br /> � appropriate Official Recorda of the Cotu�ty in which the'f'ruat �state ia locateci.
<br /> 11. FORECL,OSURE BY YOWER OF SALF.. Should Aeneficiar�elect to foreclage by exercise of the Power of Sale
<br /> herein cont�ined,Heneficiary ehall notifv Truatee and ahaU deposit�vith Truetee thia Deed of'I�uet and ihe Note and such
<br /> receipte and evidence af Pxpenditures made and secured herebv aP 7Yu�tee may reyuire.
<br /> (a)Upon reoeipt of euch notiir fr��m Beneficiary,'I�u�;tci�sh��ll�•uuse t�►ix�recorded,published and deli�ered to Truator
<br /> such Notice of Default und Nutirc���f tiul��ar�then required b�•lu«•und b�•this Uec�d uf Trust. Truetee shall,without demand
<br /> on Trustar,after auch time aa mf►�•then Ix�required h�•la��•and�ft�r rrcordation of auch Notice of Defaultand aRer Nodceof
<br /> Sale hnving been gi��en u�re�uire•d h��In«•..ell th��'1�uht F.yt.�t��.it thc�tim�and pince of sale fixed by itin xuch Notice of Sale,
<br /> either ae a whole,or in separnte IutH or p.ircele or iteinv a�7�u�tee Shrill dec�m expr.dient,and in euch order ae it may deter
<br /> mine,at public auction to the hi�heyt bidder for caHh in law•ful money nfthe llnited Stutes payable atthe timeofsale.'I�uetee
<br /> ehall deliver to auch purchaser nr purchaserA thereof itH�;�N�d and suf'ficient deed of deeds cunveyinR the property eosold,but .
<br /> without any covenant nr�vnrrnnt�•,�xpresa or implied. The recitals in�i►ch deed of am•mptterv or facts ehall be concluaive
<br /> proaf of the truthfulnesy ihereuf. Am�per:gon,includin�,withuut limitntion,Truytor,Trustee and Beneficiary,may purchase
<br /> at auch sale and Tntator herehv mvenants to warrant and defend the title nf such purchaser or purchasere. , •
<br /> (b>As may be permitted by law,after deducting Trustee Feea in the amaunt of ,'I'ruetee ehall app�yr the '
<br /> ptt�tisr vr uiC tlajr lii i.iic�v�uwii`i�Oiuci. (af to dii icFi881y&a'fI�w�ia 2u�3 Eii�aaeco ui L}i8 n�@,lllCjitfjLag,Z'iiiL iaOi,�aid�24, � _:__
<br /> trustee fces of not more than 1/2 of 1't��of the groas salea price,reasonable attorney's fees and coats of title evidence;(b)to all �,---
<br /> sums secured by thie Deed of Truet;(c)to the payment of junior 75rust lleeda, mort�ages or other lien holdere;and(d)the �
<br /> balanoe,if any,to the peraon or persons legally entitled thereto. .
<br /> (c) 'IYuatee may in the nsanner pro�-ideci bp laa,poatpone sale uf all ur any porteon of the 7Yust Eatate.
<br /> 12. REMEDIES NOT F,�►CLUSII,'E_ Trustee and Beneficiar�•,and each of them,ahall be entitled to enforce payment '
<br /> and performance af anv indehtedne:U ur dbli�;atiuny secured herebr and m exercise all ri�ht�9 and powere underthia Dc�d of :,
<br /> 'I�uat or under any Loan Instrument or ot�er a�reemem�rr uny la«s now ur hereAfter in force,notwithstanding some or all ':
<br /> of the s;ich indebtedness and obli�ations secured hereb�may nc�«•ur hereafter he othenvise secured,w hettner by mortgage, -
<br /> deed of trust,pled�e,lien,assi�nmera ur otherwise. Neither the acceptnnceufthis I)eed of7l�ust noritxenforcementwhether
<br /> by eourt action or pursuant to the po��er�f sale or other powers herein contained.�hall prejudice or in any manner affect
<br /> Trustee's or Beneficiary's ri�ht to realize u,�*�n or enforce anv other securitv now or hereafter head by 15rustee or Heneficiary, -
<br /> it being agreed that 7Yuetee and Beneficiarc.und euch uf them,shal!br entitled to enforce thia Deed of'I�uat and any other �
<br /> security now or hereafter held bv Benrficiarp or Tnistee in such order nnd maneter as they�r either of them may in their �`
<br /> .y.—.
<br /> absolute discretion determine. No remedy hereim m�ferred upnn or resen•ecf to"IYustee or Beneficiary is intended to be �'''�'`
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<br /> excluaive of any other remed�herein or b>•la«• ruvided ur ��
<br /> p permitted.but each shall be cumnlative and shall be in addiiion ..,_.
<br /> to every other remedy�iven hereunder ur now or hereafter exiwtin�;at�aw or in equity or by statute. Every power or remedy
<br /> �iven by any of the I.oan Instrumrnts to Trustee or�ieneficiar5•ur u>which either uf them may be otherwise entitled,may be �.
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