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<br /> __ ;4�,�.�,��,�.. 91.- 9.0218�
<br /> i ��,,;�...,a,�.,;;:. - �:�.:_�..:�; -_-..-_
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<br /> �`r'��:{•�•�• roteat or notioa of
<br /> _ � ,,; , ,,,;,, ,; , erfd �aye�ble without any presantment, demsnd, p
<br /> �����' � any kiad. Thereaf�er, Bene�iciary may:
<br /> �� •.,:;��,?;�;Y.,:,,;` (a) eitber in peraon or by agent, with o�_.
<br /> �� • or without bringing any action or proceeding, ___--
<br /> �} , �•.�� � '���� or by reaeiver appointed by a aourt and with- ��, ---�-- —
<br /> �—� �-'""' � � ; � � out regard to the adequaoy of any security,
<br /> - enter upon and take poeaesaion of the prop-
<br /> }� � � erty, or any pazt thereof, in hie own name or ^"' . .
<br /> � • in the name of the Trustee, and do any acta � y '9`
<br /> 1 , "�,':':f1� r+.� _.
<br /> � which he deems neaeaeary and desirable to ��..�����
<br /> pxeeerve the value, marketability or rent- ��;� p-�—��-
<br /> �.;_��... _
<br /> . ability of the property, or psrt thereof or ,�;_:;_'�_
<br /> interest therein, increase the income *here- '�' =-
<br /> � .,:
<br /> " � from or protect the security hereof and, ; :" � __ �.� � "
<br /> ; � � , without takiag �ossession of the property, ':""�
<br /> ' ' sue for or otherwise collect the rents, �;�.�-_,
<br /> z ' . "e ues and rofits tihereof, ir�cluding those �.,'t.���
<br /> ' ,t past due and unpaid, and apply the same, less ° . �- -���` -
<br /> .� � �� �`�, ��:�'�
<br /> ,• .'��•• aoats and expenses of operation and co�lec- � �
<br /> 4�. '`'�'j;.;�;::�;�;;s,.�
<br /> , �� �• tion, including attorney fees, upon any � ,,.i+,�'i+��:
<br /> � � � � . indebtedness secured hereby, all in such i , , .., '��,x��.�
<br /> .,�.;. .. , � �. -..i'�__ -
<br /> � '�,;;i;` ,
<br /> � order as Hene£iciary may de�exmine. The i • . ,,.
<br /> ^�'.. � �. enterinq upon �:rad taking posaesaion of the =•.�..�; �
<br /> ��d'
<br /> �rust estate, the collection of such rents, ��.�,��"�'���::�
<br /> ., ..,, ... . , ;�,.
<br /> �!`' � � ''�'� ieaues and profits and application theaceof as '''��'��`"
<br /> , �:�;,,�, .;.
<br />,J��� .. � .�� ,, � afozesaid ahall not cure or waive any default
<br /> or notice of default hereunder or invalidate ' '��
<br /> �,.
<br /> .�.� �•_ any act and in response to suck� defaule or ��,���;{;F�., �
<br /> _ - � .r,,�;__ .
<br /> • ,,,,,.,;� pursuant to such notice of defau1t and, not- ��--�:}...;,:.�-v
<br /> • � �r':�•;. .;, withstAnding the continuance fn posseasion of ; �'��r`ri;� ,
<br /> '� `���`�s'�" � the prop�rty or the collection, reaeipt and i, ���� '
<br /> : �,.'.;,:.. ,.
<br /> . �;;�'��;-���,; application of rents, issues or profite, �� ��M�'f� .'
<br /> ' 'ti���` ��� Trus�ee or B�neficiary may be entitled to � .�
<br /> t;:.,� it�:
<br /> �� � ,� �t:���' � exercise �every riqht psovided �or in any of � ;
<br /> ' t�� the loan instruments or by law upon occur-
<br /> ' �`•'� rence of any event of default, including the , ----
<br /> ;'''��T ,i -�,.. � , -`i:"�-
<br /> � riqht to exercise the power of sale= ___
<br /> ;� .. :-��-
<br /> •� (b) commence an action to foreclose
<br /> this Deed of Trust as a mortqage, appoint a
<br /> receiver, or specifically enEorce any of the ;.,,..�.
<br /> ; . „ covenants here�f s �`c+�;��r.
<br /> � .i ��� . � y .
<br /> ;'�r � (c) deliver to Trustee a written
<br /> , ,;,�;�;, declaration of defauAt and demand for sale,
<br /> �� �'� '�' . ` +��' , and a written notice of default and electfon . ,
<br /> �'• `�;�' V�'s,• to cause Trustors' i.nterest in the property .
<br /> ''%` '�.��f�ti� to be sold, which notice Tru�t�ee ahall cause �� � '
<br /> r+,
<br /> � " to be duly filed for recoYd in the official ,.;;:
<br /> � �� .,�;��;.
<br /> ..ti.�� �
<br /> ti , recorc2s of the county an wh�.ch the property , �,;' <<
<br /> is locA�.ed. ' ���',` .�
<br /> ' , 12. Foreclosmre b° Power af Sal�. Should Beneficiary elect '
<br /> � to foreclose by e�:ercise of t e power of sale herein contained, , ;;:. ,�.'�;,��
<br /> H�neficiary sha�1 motify �rustee anc3 �hall deposit with Trustee
<br /> I this Deed of Trust and the note and su�h receipts and evidence o� ,{ :
<br /> expenditures made and secured here�y ��s 'Trustee may require, and ���� �
<br /> ' j upon request of the Benef.iciary, the Trustee shall file for
<br /> i record, in the Reqister of Deeds office in the County where the
<br /> groperty is located, a notice of default , settfng forth the name ,,;,�:".
<br /> •• . � ! of the Trustors, the Baok and F�age or Uocument No. of this Deed '
<br /> of Trust as recarded in said Reqister of Deeds office, the legal
<br /> .. _' _� aL_t I... ..L�
<br /> � description Qf the AbOVe"CeSCT1DG�Q reai ESLeiLC ai�u a.aaa< <+ .� �:�.••
<br /> ! of an oblfgatfon, for which said real estate was conveyed�as
<br /> security, has occurrod, and setting forth the naturP of such
<br /> • breach and the Trustee's election to sell the real estate to
<br /> , satisfy the obligationt und after the lapse of not less than one
<br /> (1) month, the Trustee shall qive writeen notice of the time and
<br /> � . place of aale which may be betwc�en 9:00 a.m. and 5 p.m. at the
<br /> premisec�, or at tho Courthouse in the County wherein such prop-
<br /> � erty is located, describing the property to be sold by its legal
<br /> descriptioa, said notice to be published in a newspaper of
<br /> ' � -4- �
<br /> ; .
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