|
. .. .. fi`���., ,.. . , ,�ard4.n t ���g�V�� ° µ� . Fr � ,.'T'1�w''°'F'.`v'•"r%-$'PPqia4"^r,:M:✓rr�:. .,. . .., ,+ ........ .. ._.. . . .... .
<br /> �nt�,. �� p.
<br /> ��
<br /> Q��.
<br /> �
<br /> . i.,�_ ,�y � p,���y�'�y�'�*'�11�52i'.!�v
<br /> . . , BLPt�°,...,.. .e.. .,�, �s�.18i�'2.aCa'�"ln.t�'..ri.a.. .:..•,a..'..c. .�97riL'li`Se' jeiY�SuG��+� 4 �+�-��� .
<br /> r •
<br />{t s -
<br />��' r x''1�
<br /> t , ,r�,�f
<br /> fk � '
<br /> a M1 C.
<br />���� �y^
<br /> � 1'>
<br />��Y '� k.4. .
<br /> � 9 3'703
<br /> �. 1�
<br /> ,�„�� . .
<br /> ,�
<br />�,,��,f��>
<br />,.�;_,;;'�'''''.i,�
<br />� 'f� .
<br />� �P.'�
<br />�,��y+3x.ir'Y�i�i". � �tl
<br />�� \ .
<br /> fi?j
<br /> � 1e��i:
<br />�r.1'=.'Ki?t;�,
<br /> ����
<br />�r�Y� (tl� •
<br /> r�'�' �; became a tien onathenTrust E,.,,te or�a�a�achm�nt of any similar process be entered aflainss Trustpr�n,h;� �p
<br /> a�' a �=', process of iudpment is not released, bondedo atist edr varcaced ar srayedrwi�A�slu=y (6p1 Q ys alter icsc enent or sim'�ar
<br /> �� �+
<br />" a�. vY o�levy:ar
<br /> w��, (el there has accu�red a breach of or default under any term, covenant, aqreement, conCidan, provi�ton,
<br /> ��` representadan ar warran
<br /> p, 3- r/ cantained in any prior deed of trust ar mortpage atfeCtinq che Trust Estate.
<br />��r �' �o• .4cc:.�,,,rlon upan De/au/t,•Addltiana!Rem�dFss. If an event of default o
<br /> �� Indebtedness secured hereby to be due and payable and the same shall thereupon become dueeand payableYw',���t a y
<br />�� � - presentment, demand, protest or nodce of any kind. Thereaher, Beneticiary may:
<br /> �
<br />=:�'���..
<br /> s� ,�+'r'';
<br /> , � „ (il either in person or by a9ent,w;th er u,,;chaut brinqiny any acaan ar proceeding, or by a receiver appa;��ed
<br />`ro;,�, by a courc and without regard co zhe adequacy o{;cs se�urtt�,� e�ter upon and take possessian of the Trust Esiate,or�ny
<br /> ry"� `' Parc thereot, in its own name ar in the name of Tnutee,and da any acts which it deems nRCessary or desirable to prestrve
<br /> � the value, marketabiiiry�r rentability of the Trust Estate,or part thereaf ar interest therein, increase ihe income chere{rom
<br /> s��'[ or protact the securiry hereo(and, wich or without takin osse i
<br />�f y���,.,�,,, rents, issues and profiu thereof, inctudi� a p ss an pf [he Trust Escate,Sue for or otherwise C011ect�a
<br />`�j�'�4, operatian and collection inctudinq aROrne s tfeas, upand ny 7ndebted ess secured e eby,�all in such o der as Benefi ary
<br /> ssr�
<br /> may dete�mine. The enterin� upan and tawng possessicn ef the Trust Estate, the coltecrion ot such rents, issues and
<br />„�,,,�,,�� , profits and the applicacion thereof as afaresaid shall noc cure or waive any detault or notice ot detault hereundu or �
<br />�3,�,�" invalidat9 any act done in response to such detaulc or ursuant ta such notice of default and, nocwithstandiny �e
<br />��r�, ; conpnuance in possession of the Trust Estate or ihe collecdon, receipt and application of rents, issues o�profits, Trtutee
<br /> �� , or Beneficiary shall been entitled t� exercise every riqht pravided for in any of th� Laan �nsiruments or by Iaw upon
<br />,��1" ,' occurrence of any event ot detault, including the riqht to exe�c;se the pow:r of sale;
<br /> z„c .;
<br /> .
<br /> �� � t��1 commence an action ta foreclase this Oeed of Tr�st as a mortpage, appaint a receiver o�specifically
<br /> ��` enfo;ce any ot che covenants hereot;
<br />��s
<br /> « %
<br /> yKa-��: < (ifq deliver to Trustee a written declaraci�n of defaul[a�d d�emand for sale and a wricten nooce ot detault��d
<br />,�,j� ; election co cause Trus,ar's incerest in the Trust Estate [o he sald, which nodca Trustee shall cause to be d��Iy filed far
<br />��Lx;��.a;� •� record in the rppropriace offices af the Counry in which the Trust Estate is located; or
<br /> ,�, �.
<br /> yXy�,`��:.� ii:.
<br /> �'y ` (ivl exercise such other�ights or remedies at law or in.equity.
<br /> x ;
<br /> A�� �. 11• Farec%suie byPowe�ofSa/e. If Bznefir�a
<br />� Beneficiary shall noofy Trustee and shall deposic with Trust z this Se ond Deo d of Trusi a'nd any ota ev denc n'q the lndehtedne s I
<br /> fi ,, . and such receipts and evidence of expenditures made and sacured hereby as Trustea may require.
<br /> r , :
<br /> a •
<br />�,� r� (a) Upon receipt of such notice from Beneficiary,Truree shall cause to be recorded, publishad ar.d delivueC (
<br /> ��� �; to Trustor such Nocice ot 6efault and Notice of Sale as ther, required by law and by this Second Daed of Trust. Trustea �
<br />;�„'���,� ;• sl;all, without demand on Trustor, after such time as may then be required by law and aher reco�daNan o!such Nauce of
<br />� �'+� ` Default and af,er Nocice of Sale havinfl been given as required by law, sell the Trust Estata at the dme and place af sale
<br /> ro�� !:
<br />�,�R,, ^ fixed by it in suc:�Notice af Sale,either as a whole,or in separate lots or parealt ar items as Trustee shall deem expedient,
<br /> s and in such order as it may determine,ac pubiic auctian to the h;ghest bidder for cash in lawful money of the United States
<br />`t`}�µ� ' "° payahle at the cime of sale. Trustee shall deliver ta such purchaser or purchasers thereof its qaod and sutficient deed ar �
<br /> , deeds conveyin� ;he properry so Sold, but withaut any Covenant ar warran
<br /> r C �'ti af any matttrs ar facts shall be conclusive proof of che truthfulness the eof X q�s o�implied. The recitals in such deed
<br /> "�` Trustor, Trustee or BeneFlcia Y person, including without Umitarion
<br /> �;a , ry, may purchase at such sa le.
<br /> `1', � , ��! �i
<br /> v,; (b1 As may be permitted by law, after deducttng all costs, fees and ezpenses o} Trustee and of this Trust,
<br /> t , �i including costs of evidence of dtle in connection witn sale, Trustea shall apply the proceeds o� sale to payment of(i)the �'�� � I
<br /> f k y` �;a` Inde�tedness (ii)all other sums th�n sec�rad hereby,and(iii)tha remaindet, if any, to the person ar persons leqally entiJed �"� w }
<br /> ' therato. �'
<br /> 4��' �
<br /> ,��- a^�4�y� L�t I
<br />�` r ,�, . (cl Trustee may in the mannar provlded by law postpone sa(e of all cr an ��'� ��� I
<br /> Y portian of the Trust Estace. R
<br /> i, 12. Aemodtes Not Exc/uslve. Truscee and Benet(ciary, and each of !hem, shall ba entided to enfarce paymenc and Y'�'� }�
<br /> y �� perfarmance ot any indebcedness ar oblipatlons sacured h�reby and to exerclse all riQhts and powers under this Second Deed of �
<br /> � Trust or under any �oan Insvument or other aqreement ar any laws now or hereatter in farce; notwithstandlnp, some or all of the ;�� T`
<br /> such indebtadness and obligations s�cured hereby may now or hereafter he otherwisa secured,whether b man a e,deed ot Lrusc. �'
<br /> ; pl3d9e, lien, assipnmenc or othervvise, NEither che acceptance of chis Second Oeed af Trust nor itt en}ar ement whether by court ��;�� ��
<br /> r � � action ar purs�ant ro the �ower of sale or other powers herein contained, shall prejudlce or tn any manner aNs;c Trustee's or
<br /> Beneficiary's r(qht to reaGze upan ar enforce ar�y ather security now ar hereafter held by Trustee o�Beneficiary,It beinq apreed that ��' �
<br /> ` Trustee and Beneffciary, and each of them, shall ba entitlod to enforce this Second Oeed at Trust and sny other sacuriry now or Y
<br /> � �
<br /> ' � ,�;
<br /> . ��* ,..,
<br /> ' • 3 t�t� ��
<br /> � �,t '
<br /> i � � ��i
<br />
|