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<br /> � ' ._..w. ._ . _°----R;;:.
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<br /> 91-- 2.02�9a
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<br /> I�'� ' �=.-�=�---
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<br /> '' �� (c) Deliver to Trustae a written decleretion oE default and 8emand or �r��
<br /> eale and a written notico of default and election to cauae Trustor'e interQOt
<br /> in t�ie Trust Estete to be sold, which notice Trustee shall cause to be duly �
<br /> �_ •ir.' �, �ilod for record in the approprtate Official Rocordo of the County iyi whiah �_
<br /> ,„
<br /> " "''� tho Truat 6stetQ ia 2ocated
<br /> 11, FORECLOSURE BY PONER OF SAL6. Shauld Benef iciary elect to r ---_- -- -
<br /> .�� foreclose by e ere se o e er o o her�sn cvntained, Beneficiary shall -
<br /> notify Trustee and shall deposit with Txustee this IDeed of Trust and the Note
<br /> ,,;,s�• �.-k;,;r;j,�}�; ' and such reaeipts and evidence of expendit u r o a c c i a d e a n d cecured harob y as
<br /> � ,., '� Trustee may req�irQ. ��.-°_
<br />'' � ' Truetea shall cause •�'`�`"�°�=-
<br /> " (a) upon receipt of such ttotice fram Benef iciery, ���`�'°"�`��`"�"—`"'
<br /> ' `�' ' • to be recorded, publishea and delivered to Trustor auch Notice of DeYault and ___
<br /> ` ' � �"�'� Notice of Eele as then required by law and by thie Ueed oF Trust. Tresstee
<br /> '''�'��• °" " shall, without demand on Tr�stor, af ter such time as may then be requf red by --_
<br /> ,,;�n ' ° � �° law and after recordation of such Notice of Default end after Notice of 3ale d„-�-� u
<br /> ;,t�.�• �,,,,.,.., having been given as requ ired by law sell the Trust Bstate at the time and 4^
<br /> place of sale fixed by it in such No�ice of Sale either as a whole, or in �l.,tu��:�i'„
<br /> � ,. �;" .,.�:: .:}"• � � separate lots or parce ls or i tems as T r ustee ahaf 1 deem expedient, and in such _��_^
<br /> :�H �� order as it may determine at public suction to the highe s t bfdder for cash, 7„F 4ti ��,�
<br /> �;• �:�'. ��Y'.�` in lawful mone of the Un;ted states, payable at the t3me of sale. Trustee
<br /> ��L' __ _
<br /> �...�.:i. /ii!' .`-f'�,f1. ' � ``+.T.,'��
<br /> , .,•,. - • shall deliu�er �o such purchaser or purchasers thereof its good and sufficie�t _ _ �3_
<br /> ..,f..; . �._ —
<br /> � • ,# :'_,;�'� . deed or deed�, conveying the �ro erty so sold, but wi�hout any covenant or
<br /> �,,,r• ,� t A,,. ,.,,_;;ti�.- Si r#. �, -
<br /> ' ,� : warranty, express or implied. T e recitals in sucn deed oP any matters or _
<br /> a•f�• � � ���• ,�•`°����°•=' fA�ts shall be conclusive �raof af the truthfulr�ess thereof. AnY person, � ; ,�
<br /> � ,�`��'f�"., �,:'.;;'�';°�,:i•'�:, in�cluding, without limitataon, Trustor, Trusteeo and Beneficiary, may purchase .,,s,__
<br /> �'� J � �j+, r;,�`' ;,:. ' at auch sale, and Trustor hereby covenants to warrant and defend the title of y; ;,Y � � ,� _
<br /> �•�,t ��' � ��� , _
<br /> _a,.�.. i �.�5:,v � ••f
<br /> r, ,,�;.�.�: suah purchaser or purchaaers. .;�r�
<br /> � �;?:
<br /> ,;;5 � ,,,4i,;1,,;., .,;.; ��•. ` ,�-,,
<br /> "�; 'I'i:��;:•.::�1•..i �,-��., '}'t:','%`�` ti�
<br /> , °����y�''�t��'I�. :�.-.:':;:� (b) As maY be permitted by law, after deducting all casta, fees �';;;.`.,., 1,., ..�Y�., . ',
<br /> • : 1'•;h�+�'f'���'�'�'S�'""`��'-�., expenses af Trustee and af this Trust, including costa af evi8ence of �itle in � � . �Y•?�;;�;.•,;},�,�`f'�G"-
<br /> ��, �•• �.:,. !•l.,:r:'':; the roceeas of sa].e ta payment of �"�`<i�:>�; ;`�}.`�';��'.�.`.'
<br />, ;, � },:, r,;,,:}._:;;:.r;,�; connection with sale Trustee shall apply p �.,�4.+•r';:����; �...-_---
<br /> ' ` 't �� accrued ;�;`'.•�, �t r,:. —
<br /> .;; < <<x� !f ,.,� � (i all aums exp ende`d under the terms �hereof, not then repaid, with �,i� � __
<br /> � � ��.+ ,r� �`�` 5 ,,� in�erest at twelve (12) peroent per annum, (ii � all other aums then secured ;���;, ,, �
<br /> ,. �., � S� ��'�'��� hereby, ana (iii) the remainder, if any, to the pereon or persons legally �i':,; J� �, y
<br /> -� �` ;{t� ':'',�t� :`j: entitled thereto. ' �
<br /> .�. .. �
<br /> . � . , i __
<br /> (c) Trustee may, in the manner provided by law, postpone sald of all or �j�,+ - ==
<br /> � any port3on of the Trustee Estate. �-�
<br /> .v;r�:���z......... -
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<br /> • 12. REMEDIE3 NOT �XCLUSIVR. Trustee and Beneficiary, and each of them, �x�;•r-
<br /> • ehall ba en e o en orce payment and performance of any indebtedness or •' 1O� _ ,._,_
<br /> .,�`1...;,. ,
<br /> obligations secured hereby and to exercise all riqhte and powers under this '� ` m�g�
<br /> �,�•.,� -..
<br /> Deed of Trust or under any Loan Instrument or other agreement or any laws now � � � _��
<br /> ° or hereafter in force, notwlthstanding some or all of the such indebtedneas �`�_��+
<br /> and obligatio�e secured hereby may now or hereafterbe otherwise secured, �`_.-..�':-,,,
<br /> � ' whether by mortgage, deed of trust, pledge, lien, aesignment or otherwise. �:i:�:�_::��
<br /> Neither the acceptAnce of this Deed of Truet nor its enforcement whether by `,:,n;_... -..y,�;_ws
<br /> ' court aCtion or pursuant to the power of sale or other powers herein �-�'''� •��•�•-,�--__ -
<br /> � � ' contained, shall prejudice or in any manner affect Trustee s or Beneficfary's � . ,r� •-�
<br /> right to real ize upon or enforce any othex security now or hereafter held by , ,�.:�
<br /> • Trustee or Beneficiary, it being agreed that lrustee and Beneficiary, and each I
<br /> of them, shall be entitled to enforce this Deecl of Trust and any other ;�,;
<br /> security now or hereafter held by Beneficiary or Trustee in auch order and ��, �
<br /> ' �; . � manner as they or either of them may in their absolute d�scretion determine. } 7.,`�r'�:,�
<br /> No remedy herein canferred upon or reserved to Trustee or Beneficiary ie �"• .;
<br /> intended to be exclusive of any other remedy herein or by law provided or y� �• � '��, �
<br /> � permitted, but each shall be cumulative and shall be in ad8ltion to every , '.,�,j,, �„�.p,
<br /> � other remedy given hereunder or now or hereaftQr existing at law or in equity .;,;,.;�.. �iAi�,.�,;,
<br /> o r by Statute. Every power or remedy given by any of the Loan Instrumente to � .,.�,,. !�,.,;,.;,,;:.-,.
<br /> TrusEee or Benef iciary or to which either of them may be otherwise en t i t le d, �,��;;f:;},��,.. �,•,�
<br /> � �, '- > may be exercised, concurrently or independently, �rom time to time, and ae . : ,:..
<br /> often as may be deemed expedient by Trustee or Beneficiary; and either of them ••���.,
<br /> � • may pursue 3nconsistent remedies. Nothing herein shall be conetrued as � •, �.;�:•j�'�;�-��•
<br /> � � prohibitfng Beneficiary from seeking a deficiency judgment ageinst the Trustor 4 � ;'.:,`�� �,a-;;:�.
<br /> � � to the extent such actfon is permitted by law. � � •
<br /> f , :, ,. ,
<br /> 13. REOUEST FOR NOTICE. Trustor hereby requests a copy of r�ny notice •
<br /> ' addreseuse� f_o�th in the firsteparagraph�of@th�3srDeedmof1Trust,it at the .
<br /> ;
<br /> � 14. GOVERNING LAW. This Deed of Trust shall be governed by the laws of
<br /> the State o e ras�a. n the event that any provision or clause of any of the � ,
<br /> Loan inetruments conflicts with applicable laws, such conflicts shall not ;
<br /> affect other provisions of such Loan Instruments which can be given effect
<br /> without the conflicting provisions; and to thLs end, the provisions of the �
<br /> Loan Instruments are declared to be severable. This instrument cannot be
<br /> � waived, chanyed, dfscharged, or terminated orally, but unly by an instrument
<br /> in wriC.ing signed by the party r�gainst whom enforcement of any waiver, change,
<br /> . discharge or termination is sought.
<br /> 15. RECONV�YANCE BY TRUSTEE. Upon written request of Benef iciary
<br /> :� ..a ��s.ronr7or nf
<br /> —� — stating tha�all sums secucea n�renY neve uca�� Yniw '���� ::r�^ °--_ °- -
<br /> this Deed of Trust and the Note to Trustee for cancellatinn and retention and
<br /> upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor,
<br /> ��!'�;,�" ' or the person or persons legally entitled tt►ereto, without warranty, any
<br /> .�'�:� ;��;j� portion of the Trust Estate then held hereunder. The recitals in such +; �
<br /> „5 •��'�`r;"`�.�. reconveyance of any mattPrs or fac:s �hall be concluslv�e proof of the . .
<br /> •a �`'�:°'•�'; � truthfv.7.ness thereof. The •7rantee �n an� recor.veyance may be de�criDeG as
<br /> � � "the p�rson or persons legaSiy entitled thereto". , . �
<br /> •. ,
<br /> • � 16. NOTICES. Whenever Beneficiary, Tr�stor, or Trustee shall desire `..o
<br /> �'�:�i�;i'�-: ,
<br /> r qive or serve any notice, demand, r�que�: or other communication with respect
<br /> , �;?,;, ;?fy!,�.'J to this Deed of Trz:st, each such natice, demand, request or other
<br /> •,�;._,;�� I communication snall be in writing and shall be effective only if the same is
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