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<br /> ��� �� � ,< < , .�. . � . � � � � . - . . , � .: . � .93-��s`�-. � ..
<br /> - _ ` (b) �Cammence aa`action`to foreclvse this�Deed of. Trust as a misrtqaqe:.. - ` .
<br /> appoiat a rec:eivei,'or specf€tca].ly eti�ox+�e sug vf the coaeriants hereof E -
<br /> � ' (�) Deliver�to Trustee a �ritten declaratioa of $efaalt and demnnd for
<br /> �-_ '-sale.�ttd a�ritten not�ce qf de€au1C nnd ele�tfon to �a�s Trvstor•s #nter��t �. ° -
<br /> . in the Trnst Estate,to be solS. Mhich notice<Tr�stee shall canse to•�e duly ` �
<br /> - ` ' fi'lea for record ia the appropriat� Official�itecord� of the Couaty in vhich �
<br /> the Trustr Sstate is Iocated. � , � � ; '
<br /> , � < , � ,
<br /> -- � . 11. F+DBB� BY Ft�t OF�SAi,B. S�tB.8eneficiary elect.to�, .
<br /> _ . . -forecla�e by�e�cera�o e PoMer o .Sale herein ccm.tained, Beneficiary shaZl ` .•
<br />_ � notify Trastes an8�sbatl deposit with Trastee, th�s peec� of Trust and tha Note . .
<br /> •and such receipts and ev,f3ence q� expen4�tnres made aad secured-herebY�as ..
<br /> - , Tivstee may require- � ` �. - ' � � _ `�
<br />�Q.:
<br />�,v (a} �IIpon recefpt,of sncTi.notice fraa Heneficiarq. Trustee sZiall cause '
<br /> : to be recordecl. B!iblished and Selivered to Trustor such t�tic.e af Default and ,
<br /> °�" . .. � Notice of 3ale as the� reqnired bY lau and by this Deed of.Trust. Trastee
<br /> - • sflall.�without.ciem�etd oa Trust¢r, after sach t�me as may then be reqitired 1sY � .
<br /> la�r end after recos�ation qf snch Hotice of Defanlis an8.after Notice of Sale . � .
<br /> having t�een givetl as required by latr, sell the 'i'rttst 8state at the time sa$
<br /> - - � place of ss�le fi�e8 bY it in sach� Notiae of Sale, either as a� �hole,' or ia . � � --
<br /> � separ�te Iots or parcels or items as Tnistee shall deem espedient. and in such� -
<br /> - �f,�� ` order as it may determiae.�at pnblic auctfon to the highest biddar for cash. : , -_�
<br /> �.� . � ���r�'._�,;� ' . � in lawful money of t3�e Unitec7 bt�tes, 'payable at the time of sale. Trustee, =__
<br /> - shall deliver to such parchase� or purchasers thereo�� its qood and sqfficien,t
<br /> - �x .•'��:.�"` - so sald. bat•v�ithaut any ccveaant or - - � --
<br /> - ,� -��,.z,�' deed or deeds. co�veY�9 � Pr�Y�
<br /> �`' warraatY, exPress�or im�lied. The recita].s in such deed of any matters or �� �
<br /> �,�.:. <: "' ,. . . Y ' -
<br />_� •�;:,�._, -:.� ,�_ :�. ' facts .shall be conclusfve prcof of the ts�thfulness.thereof. Aay Person. —
<br /> includiag, without limftation, Tru$tor, Trustee, attd Haneficiazy, may Isurchase -
<br /> * �� "�'�. � at such sale, an8 Trustor hereby covenants to warrant and defend the title of , �� _
<br /> -�-:-° snch purchaser or purch�sers. . . --___ -
<br /> �,,Y,:, :, :: , �.� ,.
<br /> • . '��"�:"°� ' � (b) As may be permitted by law, after deductincJ all costs. fees, , --�--
<br /> "�' expenses of Trustee and of this Trust, inc�udin4 costs of evidence of title in �1a"-
<br />_ �`.`.y`�� ' �'� .
<br /> x: . conaection rrith sale, Trustee sha21 apply the proeeeds of sale to paymeat of '
<br /> °'`�'":`..- . (i) all sums expendecl under the tes'ms hereof, not thea repaid. �ith accrued ����.
<br /> x*`�;;• -. ���..�.
<br /> . interest at 12 percent pQr annum. (ii j all o;ther stmas then secured hereby, and ��.---_:
<br /> : " ,` :� (iii) the remainder, if.any, to the pereon or persons legally entitled .-�"--
<br /> . ..,��> --
<br /> � .. . thexeto. , .� ... _
<br /> .Y_��• . ' (c) Truatee nray, in the manuer providec� by law, postpone sale of all or • �
<br /> am portioa of the Trustee Estate. � ,. . . . . -- . •--°-
<br /> ':,1<_�, . 12. RE[�lEDIES NOT BHCLUSIVE. Txustee and Betteficiary, and each of thmn, , ��`�`
<br /> . x.-- ; . •-
<br /> _ � . shall be ent t e orce payment an8 performance of any indebtedness or ;"• :�.;�
<br /> • , �� obligations secured hereby and to euerMse al� rights and powers under this . . . � �:.
<br /> . DeeB oP Trust or under any Loan Znstrument or other agreement or any .laws now ` �t'1;
<br /> ' ' ' ' or hereafter in force, notwithstanding same or all of th� such indebtedaess ; : �;."�,
<br /> �`' '� an8 obligatioas secured hereby may now or hereafter be otherwise secured, , . .
<br /> � . .�r•.,-. , ' ,, ahetiser by nar�gage, .deed of trust, pledge, lien, assigtanent or otherNise. R � .. ; ,
<br /> ' �•'.` < - '. Neither the acceptance of thia Deed of Trust nor its enforcement whether by .
<br />_ � �" - • ' court action or pursuant to tke power o� aale or other pouers herein �,
<br /> � "� -� conta�ned, shall pre�udice or in any manner affect' Trustee's or Benefiaiasq•s --..-- -
<br /> . � . -=:Sr. ��,• � ' right to realize upon or enforce any other security now or hereafter held by � �
<br /> � `"' �' Trustee or Benefiaiary, it being agreed that Trustee snd 8eneficiary, and each i � ,_
<br /> � ,... :
<br /> . �
<br /> �"� r�-�-� ; oY them, shall be entitled to enforce this Deed of Tsvst and any other .
<br /> � . .��: ` ' -- - security rtow or he�eafter held by Heaeficiary or Trustee, in such arder and } .._.
<br /> �{�: �. ,� _ _ � � . manner as they or eithes of them may in their absolute discretion detenpitte. _ _ _
<br /> 4. ' - -
<br /> ' No remedy herein conferred upon or reserved to•Trustee or Heneficiasq is
<br /> � ' � intended to be exclnsive of any other remedy hereiri or by law provide8 or �
<br /> ." ' permitted, but each shall l�e cumulative arzd shall be in addition to every t .
<br /> " ' ' � other remedl� given hereunder.or naw or hereafter existing at law or in equity • .
<br /> . ., .. or by Statute. Every poaer or remedy given hy am of the Iaoan insts�unenta to . 4 �, �
<br /> -� - - ' � ��� -- Trustee os Seneficiary or to wthich either of them maY be otkes�ise. er�titled, r ,
<br /> 7�-4.�.: . � . - . - j �
<br /> _. s-. aiay 1�e exercised, coacurrently or independently, from time to t i m e; att 8 as ,
<br /> '�L`�'��� � oftea as n�ay be deemed exPedient by Truatee or Benefiaiary; arid either of them� �
<br /> �r .r ...�'.�'.' .:[ �. . :,s . .
<br /> _ . .{;:ti� . � _ . � . �
<br /> . a._., ,. . may pursue inconsiatent remedies.. Nothiag herein.shall be ccnatru ae ;
<br /> -_ '•%-±:: :.:�., ' prohibiting Beneficiasy from seekirsg a deficiency 9udganent agait�st the Trustor � .
<br /> =-. .�..�a,. '_ _�. �_ .
<br /> ;� - f,�r� � to the extent such aCticm is pennitted hy lart.
<br /> -�. ';: , . �____,. ..----
<br /> =r°� �•• ��- � 13. RL tJ88T'FOR NOT�CE. Trustor hereby reqaests a copy ef aay noLice ;.
<br /> .,�._� �.f.,,�`�::--�.: ,' . of deYault.:an any cg af sale- hereunder be matled to i� at the . . --- .
<br /> -;� ,��= �:�"':' ,��,.-u� address set forth !.A the firat paraqraph of this Deed of Trnst. � � . .
<br /> �'=:�'`== -
<br /> ...J:. .;a. �.'_.
<br /> �,.,.`{ _.. . ]4. G�OVERNINO LNi. This beed of Trust ahall be gbvemed by the lars of .
<br /> 1 r.K ' ,
<br /> �.t • .'�:...' 't�, '
<br /> _- � � =r-��.�„ the State o te rasca. in the event that any pravision or clause•a� any of the :
<br /> '`+=��r_ i�can Znstrumente conf licta Nith applicable'laws, such coni�licts shall aot �
<br /> �•: � � r. aYfeat other provisions og sucb Loan Inats�mnents which can be given effect
<br /> `_: _. �_ - - ' t�i��tt � �#�t�►e3-px�a�risionst aad to.this�-eud. thA pmtR3s3ona of the . �:-_--.-- --
<br /> . .. _. . ._ _ . .. __�-_
<br /> ° ��°•`��'�'' i�n Instrumentis � declared to be severable. This instrument cannot be • .
<br /> .�: -
<br />�'.: , . , vaiVgd, eltahge8, discharged� or terminateel orally, bnt only�by 8n instrument i � .
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