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<br /> ' g, �Sl� Benef�cia�y, or ifa aqQ►tsi rePressatsfid�s or . ° �� �: `- ; . ,
<br /> � ' �rl�sn, a�re au ri,s�d to �te7r at atnf`�� �`� a'r iu�anY P�'t� . , .
<br /> �• ' t� .Ttostae 8stat� for tite�p�pbss�ofr m-r'�'^�'---»� � � and fcr tt�e y�� ...
<br /> -_ . � � .- -og.Pei'f�.�►Y °���.� it-is aathorfzed=te��P�rf�an���tt�ez �.ter4s.o�_ - - -.` - _
<br /> . , ,•aag of the t,oen Inatr�ents. . �`, � , � • ' .' � �
<br /> � ��
<br /> < • . , 9. , EV�N'PS OF D&F�JI.T. � 11� of ,the.,fcl.�wiaq eveats shall be dessd aA _ . .
<br /> . d�At.Of, t , - • ' � ' . , < ' ' .'. . . . ,
<br /> ` i�.
<br /> . . (a} Trustor snall }�ae failad t��snke: pay�eat �tif any i�stallsuit`of• , �-�. ' �
<br /> � � �terest� �ria�fpal,.or ps�ncips3. and i�t�rest or at�Y other aw� sfcursd h�Y.. . .
<br /> , � �en diie; or, . . ` � � � ,
<br /> � , � (bj Thers I�as accarr�d a b�acfi oi° �lefaalt un3er anY term.'coveaant, � ..,
<br /> � ` � agreas�ant. coaditfs�e. p�+ovision..representatian, cr �rarranty,ewntained 3a tmy . ,
<br /> � . of the Loan.Itsstrii�eats. . � . ' . � . � `
<br /> � 30: .gGt�R1►� ��'�ULT 11D�ZTI�L RE��B-`�-�1d�at� eveat o� � . ,
<br />- default'occnr. Bener c y may t�ec�a '�e aTT—in��eel�tess seeured herebY to be
<br /> � � a� �a ��.e: aaa ��� �. ��n �� aas �a pa�� �.�t
<br /> a� presentsent, dessn8. Protest, os sscstfce of a� kfad. Theretifter�tha . ,
<br /> Hen1►fiaiaty may: . • . ..
<br />� (a)� 83ther�ia person or by ageut. �ith or Nithout bringing aay aation �
<br />_
<br /> v, -- -- or prt�ce�di�gr or,by. a seaeit►er �inted by a_Court aad Without regard to the �
<br />: ' a�eq�acy of its security, eater npon and take�possession of�se �rnst Estate, .
<br /> �or aay part thereof, in its own name arr iti the name of Trustee, and do.aay
<br />- acts Mhicb it deesos necessarY or desfrab2e to preserve the valne,
<br /> marketability or rentability of tlie Trast Sstate. or part thereof or interest �,
<br /> • thereia, increase the iacame tlterefs�om or protect tt�e security hereof, antd , -
<br />=t• Witb.or without takin9 Pcssessioa of the Trust Estate, sne for or otherr�ise �
<br /> collect the zents.�i�sues and profits tt:ereof, inaluding those past dae and
<br /> "� �►paid, and apply the same, less costs and eapenses of operatioa and ��
<br /> -- � collec�ion. iuclu�n9 attorney's fees.�uPcn a�t indebte�iess sacu�e8 hereb�l•'
<br /> ail in�suah order as Beneficiary may .determine. The enter�ng upon arsd takin9 ,'
<br /> ���4 � possessiar� af tue�Tsvst 8state, tl�e collectiot� of s�C rents. issaes and .
<br /> �;�,;,�Y_ �: _ . pmfits and the application thereof as afore'said, shall not cure or Waive anY
<br /> • .�.�:� ;•:;, . default or aotice of default hereunder or invalidate any act Sane ia responae
<br /> �=�•=�=°'_''�=°� to such default or pnrsuant to such notice of default and, notuithstanding the
<br /> .- '`'��"'��': . caatimiance in possession of the Trust Sstate or tite,collection, receipt a�d _
<br /> _r�:"-._ . .
<br /> _�'��:;`.:�-;, r�°^` app�ication, of rent$, issues or profits, Tn�stee or Beneficiary shall be
<br /> - r '�.T•�=�-� • entitled to exercise every right provided for in any of the Loan Iristnuaents
<br /> "'`'��'��''-x'f'�`"'-". or bY law upon occurrence of any event of default, including the right to" . --
<br /> �`�,; . a.. • '-
<br />, - ,:�*?� • . •
<br /> exercise t1�e power of sale; _
<br /> . �.-._
<br /> _'>.-L=4 `,_ ,.�.�' (b) Contnence an action to foreclose this Deed of Trust as'a mortqaqe, - - _
<br /> °�';� ` appoint a.z�ceive�, or specifically enPorce any of the covenants hereof;
<br /> '� ... . 'S
<br /> . :���,�.-�•.. •... ' . . •'•.�..,f�-
<br /> ,,'; :_. ;� � � • (c) Deliver to Trustee a i�nitten declaration of default and dema:td foY :;
<br /> ��"• � sale, an8 a written noti�Ce of default and election to cause Truator•s interest .
<br /> - �`� �'�_;�_ .�. � in ttie Trust Estate ta be �sold, which notice Trustee shall cause to be duly , ~`�-
<br /> te
<br /> filed for record in the appropriate Official Recoras of the County in which �
<br /> � • ' ��..` ,�•• the Trnst Estste is located. • � ,
<br /> �t: .. , ,
<br /> . �r..,, , . 11. FOREC40sURE BY FOi�ER oF SALE. 3hould Henef iciary elect to . �.�.��
<br /> _: �� • . •- - foreclose b y exer se o t e Power o sale herein cantained, Heneficiary shall � _
<br /> - �;;'� � � ,. � . notify Trustee and shall deposit with Trustee thig Deed of�Truat and the Note .
<br /> = ��• .� . • and such receipts and evidence oP expenait�ures made and secured hereby as _
<br /> `'y;:;���:` . Trustee may require. . ' ' ' .•
<br /> ��... :. . • .
<br />- �.�;;:. ' � (a) tlpon rece�pt of such notice fran eeneficiasy, Triistee shall cause •
<br /> - � tc be re�orded, published and del,ivered to Trustor such Notice of'Default and � ":
<br /> � j�`.':r��:, �.: Notice of Sale as then required by law,and by thie Deed of Tru'st. Trustee , � �� �
<br /> �' ahall, without demand on Trustor, after such time as may •then be requ�red bp 1_ ' ,
<br /> i�'�;� ���; ��' � laM and a�ter recordation,of such Hotice af Default and after Notice of Sale r
<br /> ; �=,:i.�,%`•'` hadittg .been given as required by law, sell the Trust Estate at the tlme an8 ; •
<br /> '���:- .•.- ��,°: ���� � place�of sale fi�ed by it in such Notice of Sale, either as a Mhole, or in ;
<br /> z"`{��"-=� separate lote or parcels os items as. Trustee shall deem expedient. 6nd in such• .
<br /> order as it may determine, at pub],ic auctian to the higkeat biddar far cash, r-
<br /> � in laMful monay of the United Statea, gayable at the time of sale. Trustee �, .
<br /> �}�.._._f � shall deliver to such purchaser or purchasers thereof, its good ead sufficient � _ .
<br /> _''��— - °�.";� --, deed o= deeds, co�eyiag the propesty so sold. bnt without any coveaatit o� - , • . �
<br />-� - � " -
<br /> Y,.-D��,::=�' warraaty, exPress or imPlfee. The recitals in such deee of aqy matters or
<br /> :r� faate shall i�e conclusiva,praof of the truthfulness thereof. Any person. . �r .
<br /> ,f inclu8ing, withonti limitatiob. Trustar. Trustee, and Heneficiary. maY Pur�e .
<br /> at snch sale, and Trustor herehy covettant,s to warraat and defend the title of �
<br />_ � - such purchaser ar purchasers. • � �:
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