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<br /> -��1 --����`��- . � - WN,,;coi,r.,,,;no�: �Upon u,�;tt+ei,�t of�aa!'I,. , n�twt al�sums,.c„r�d h�hw.biN,p�itf.
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<br /> .���t�; .,.�•��:. :<., , < Tl11lfA!lhi�IftbOAMly.1M��tMfaRafrly.l�flpfOplflytlllli�fllflYfldK Tr1lfKltilflQfYC11f�Of1Yl���MI�
<br /> � .�;,�>,��,_ �mattws of fact.d�Ml.b�tcncturive p�of of the tn�thfutrwss ther�to� T!�qraittK in sNCh�ioonw��nNl1� �='�_=_ ---
<br /> � -° -f - . d�qnat�d K-t1,e peisqn o;r persons te�lt�'emtW�d th�sto". such�equest and r�onwy�a i�q oP�rat�at� =r=;,�•=-�W
<br /> :. � � < . - t�qr�en�ntafth�rent�,intome.is�u�ssr�pro�TitsMnidbetona�i9rMdtoRe�f+ciary. . , _ _. -=�=_-==
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<br /> ` ' lti�ht m Goll�ct and Rtuive Mets and/�otib: NoRwittistar�dit�any Other prorisioe+�Mno1, NeitiitiMl' =�"`f r::.-.,;-
<br /> .° � • ��gr�p�rmission to Trusta ta coliret and ntsin the rmts.ie�cbme,�ss�e�an4 profts pf suth pn�pKty a�tINY: e��'�``:,
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<br /> - _---_, ,�- �.. becom�du�snd,paysbte.but reserres the righ't to revoke wth Permi�ion at sny timt,with cr without cwst,bf►�- -
<br /> �. tfoRk�in writirt�ta Trustar,maited t�TrustAr at ftif tsst Rnown addre�. in sny even�6uch p�rnlitiiotf to TiufWE: I ' - �.
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<br /> . _ . wtomatiatty`shsh�it bs�eraked upon defauit�y Msker,ar Trust+or in piyme�t of any irtd�bLed�ess s�cw�d hK�b�►or;r ,-..:';,., .
<br />- � , ._ , in the` snce o t any a9neem�r►t h e r e u n d e r. O l i`a n y w d i d�f a u l�B e n e fi c i a r y m s�a t a n�ti m t w j t M 4 u E e a d o s:: �, _ . .
<br /> . _ . _ �� . . : eitMr�n'�pe� .MF sqent,or b�receiwr to be appointed by the Court,and w�thaut rsg�rd to th��d�uiac�t of•�nyr ... � ��"��
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<br /> =_-�-- ,tau�ty#ar-tkei�d�sewredt�ec�r;,�rter upon ar+d tske possession of wdt PraperEY:or sn�►Psrt tMreot. �:. - `
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<br /> _�� . �aice,.csncet.:enterce or�modify�►te�es:abtam and eject te�antsr•set or modify rsrtts; in its own:nam�w�oc• - .-
<br /> ��; `�`` ott�wise teitrct the�enbk insom�issues and p�ofits thereof,includinq tNase past dae and unpaid;aAd apPtY tlwe• �`�'r.,��
<br /> _ "` `=J=: � saene,:tes�.�osEs and expens4sr of aperation snd collection,inctuding reasenabte att�ney�'s fees...upprt snY �
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<br /> " , f".___�__ .ieid�,edr�"s�easred here�.and.in.wc4�`orde��Be�i�fiaa�y may detern�ine; and except for.,such'apptication. � __ �:_
<br /> �y : �z,;'�;;�1 < ` . �.6en�5aary shaif rwtlx.teabte#�t ank persan fa the tcUettibn or noncopection of any rents�inc6me;issu�s or profits,� �. - _ ;
<br /> ``-,r F „:>e��� . , . foett�faiture to assert o�eii�tiire any af the�oagoing�igMs,nor shaU eene�iaary b�chargtd with�an�of.ttw dutNS. ; � `
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<br /> :,.;,:��:,-,; - • - � � ��:���:�' a�d obliqationsaf a matgagee in possess�on. The mtering upon anG taking possession of seicb`P���Y.� .,:, .
<br />.:`����.;��,� �'`< , `ts.:��:`.=: coiisction af soch rents,income.+sw�s or profits.the ddng of other aets herein authorized and�the apptication.. � .'`�.�._
<br /> ` �� - - �-�;r;;a,:��. ��,� . the�re•.e'f•a•s wafo_reLsMaid,yshatt not are ar�raive any defauit or napce of defauk l�ereunder or invatid�tt an��act done ; t_ . '�fJ�
<br /> � . . t �24-fS � � �`iYP�.{WiY�1,.�Y��ri� . . . ' i ���r:
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<br /> Trust�'s3slt o�r Oefi�k.l�pi�i�iafe�`auft 6y�Ef�akec or Tnc3tqr in payment of am indebudnasssecund t�rebY �: , `�,�,�� •,
<br /> �-''�!, ,o►in perfo�rtea�t,of any agreemen�C�e;�der.or any agreemeae�secured hereby,B�e�e�c�airy may detlare Afi'surns: .. �,��f, -
<br /> � ` :r� seaired het���Enmediatety due a�i3 g�ay�bte anQ shat�c�sr.se��e fited of recard a w�c`+�notice of deffou[t ae�. `r, ,, ''kt r.
<br />,� - . � e4e�tior►to sdt s�ch preEkitY- After�.'�re�apse of suc��+riu�siE��ay bc required by ia�u,. ttowing recordationa�s� , . �,:,,,,,�T. :
<br /> s4cc�e natice.cf default,.aca�e�otice of s�t�fiaving����ve�:as?�:;`�en required by law,?r:,;4ee,withou�drlmaild cf�` . ..;:`: r`k �:
<br /> _._ _ . . -_ . .. � ;��Q�.st�att"s,ett such�pca�rty.eithera�a wtmt�c�r'.�r�s�z'•;e�arccels,and in sucf►pe#�er s�it or��enefic►Hy m�y.. �� '' ,,� . ;`_ -
<br /> � `�t,rt�ir�at.r�blic auctibn'tp the lugtiest bid� �'�ee�na��postpone tbe sale��`a7�or any portion af�.such- ;;`; ,� �'?"
<br /> . :D��Y�f►� 'c annaincement ai¢�ee�me a��.�piar��R fr��se preceding post�a��rst,� Trustee shatl deEiVes .. ,-::_•�„��r� :�?<'�:°� •�
<br /> p�bh .�cr.�r.:
<br /> ; � � �;such purc .'h'aser iu deed conv �n �.�e ro .s�si3;�;,�a•�itihout an ca�ceisa�n�r�warraary.=expresseda��; ,�` , `'.,�.>::�:�,;;��r`.<:` :
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<br /> r�e. tof•thetnsthfutness. �?;:���� :�:��;,:,,;::���•,
<br /> � iaer�ied. rhe acital in s�.deed��t;�sry matte►��f�d.�t�.�°�v?s�shai�be���us? �Sroo -..,. ,,:,;;,:,: .
<br /> ' � .. •- � " ."y,';1. '/t `c� � .�-r� < ,
<br /> � :�'L£�ieof. Any person.inc[u�:�g'lrusfor;Trustee or Bec�fiaa�yr•,�ag�SUrchaSe�.s�i€Ersat�.�•'�rustee may also sNf at arr�. : r ,, ,I , ,; r F
<br /> . :s�¢ii sale and as part tf�a�a�+�;s.�ases of-corywrate stock s�cwn��3he'a�f'igac,e�a sec�red hereby, and T�ustoa�• • ,,�� `
<br /> � �`3�' " ' waives demand and notice of sucfi sa�ie.� Beneficia at its optian s�a afso forectose oca s�t►.shares b" inde " ,`�'.' �-"�'�'�"�'
<br /> ;�.,. 4 ry ,,;,.:�.•:f::.
<br /> _ � �.�� �piedqe sate,artd Trustor waives ddr,s�i n d a n d no t ice o f suc h sa:g�:�'A f t e r d e d u c t i n g a l i�z o s t s,f e e s a n d e x p e n s e�' .
<br /> Trustee,a�d of this Trust�i�t lu dilig cosCo f e�i dence o f t;t ie i�conn e c t ion wi t h su c h s at e,Trustae shatl�frrst a p p t y tFie •'
<br /> � proceeds of sale to payment�a��atl!sums expenaed under the terms hereof,notthen repaid,with aca�ed ir�terat at ;'�� .
<br /> - the rate then payable under ttte note or notes secured hereby,and then to payment of afl other sumssetured hereby,
<br /> and if thereafter there be any proceeds remaining,distribute them to tfie perwn or persons tegally tntiUed thereto. �
<br /> Substitution of Trustee: Ben�ciary may.from time to time,by inst�ument in writing,substitute a sutcessor or ;
<br /> wuaw�s to any Trustee named herein or acting hereunder,which instrument, executed and acknowtedged by
<br /> . � Benefici�ry and recorded in the o�ce of the register of deeds oi the county or countias where wcfi property is ,
<br /> , �ituated,shal!be conctusive proot of proper substitution of such sucassor Trustee or T�ustees,who shall.without
<br /> � corneyancas f►om the Tn�stee predecessor,succeed to atl its tiUe,estate,rights,power and duties. �
<br /> ' Irto Waive�by Benetitisry: hc�waiver by Bpneficiary of anp right under this Deed of Trust shall be effective
<br /> ; : � � unless in writinq. Waiver by 8ene�,¢�ary of any iight grante� zo Beneficiary under this Oeed of Trust or of��
<br /> provision ot this Oeed of Trust as t�any transaction or acurre�.,es shatl not be deemed a waiver as to any futu�e�
<br /> ; transaction or occurrences.. By atce�ting payment of any susee secured hereby after iu due date or by making any .
<br /> ' � f payment or performing ar-��a��s 1�ehalf of Maker or Trustor�.�at Maker or Trustar was obtigated hereunder,but ''
<br /> � � failed to make o�pe►fom.�r�r a�i�i��g any paymeni so ma�e��y Se�eficiary to the indebtedness secu�ed henby, . , � :�� �
<br /> � Beneficiary does not waive iu tight t�Kequire prompt paymerse w�t�en due of all other sums so secured or t0�equ�re ����'`'� .
<br /> promptperformanceotaltatheracttsrgquiredhereunderorto�ec`areadefaut�ferfaetu,��otopay. ' �'
<br /> ::,,.,. ,
<br /> Wsiver of Statute ef.Limitations: f ine is of the essence in all Mak�r°s�c~�'�cG,o�'s obligaAOns herounQa: .
<br /> , and to the entent permitted by laNr,trustar waives all preser►t or future sr,�tt�tias,iy���-�6idtions wtt.�s cespett to eny ; .
<br /> � debt,demand or ebligation secured F�eby in any action or prc�c�eeding for t4;��.�rp�s�afienforting this Trust or�rr�t
<br /> � i�qhtsorrececedieshereunder. �- � ' r
<br /> � , Inspecti�n and Business Recor�ets: Beneficiary at any tii+�,��uring thecaa.:nua*c+�+.of the trust may�enter�rrd � : ' .�
<br /> , �; inspect wch propeRy at any reasonabte time. 7ru�or agrees that in the av�rsGS+a¢h property is now or h�r�sfter used , � :
<br /> '�� for commercial or residential income purposes, when requesied by Benefici:ary, Trustar wlll promptly deliver to , ,
<br /> - Beneticiary such certified flnancial statements and profit artd i:ass statements o!such ty�es and atsuch intervals as <%.�.�_�
<br /> 4 �� may be required by Be�eficiary which'wlll�be in form and ca�t.!_nt p�epared atcordingt0 the usual and 2Kteptabte �
<br /> " ' xcoun�ing p�inciples and p►actices,which statements sha11 cc�rsr the financial operations relating to suth property .
<br /> . and Yrustor further agrees when�equested by Beneficiary to promptly deliver in writing such turther additional
<br /> } intam�atlon as rtquired by 8eneticiary relating to any such financiat statements.
<br /> ;j� � Attetentioo�ttause: Should Trustor,or any successor in interest of Trustor, votuntarily or involuntatily sell,
<br /> = rxchange,tarrxey,U'ansfer.cont�act to seil�lease with option to purchase,sublease,dispose of,change the tharacter �
<br /> : or ute of,or further encumbar such property,or any part the�eof,or any iriterest therein,or ifi any ai said parties shall
<br /> �:{ � Ne divested of title to suth rcal prcperty or any part thereof or any iMerest therein either valuntaril�i or involuntarily,
<br /> � � or if 4iUe to such p�operty be subject to any tien or cha�ge votuntarity or imoluntari�y, tarttratttial or statutory.
<br /> � wlthoul the written tonsent oi Beneficiary 6eing first had and obtained,then Beneficiaryr shall�have tha rtght,aL its
<br /> ;� � ; opttan,to deciare ali wms secured hereby fariiiwilh due and payabte;and this sama right of actel�rali�n sha!!be _
<br /> • s : • � av�ilable to eeneticiary if the undersigned is a partnership and the iMerest of a general Qartner terminat�s, is
<br /> ' �_ • , � assigned or Vansierred,or is diminished or if the undersigned is a corporation and any of the carpaate stak is
<br /> '� � transferrea,sold or assigned;or if the unQenigned is a trustee of a trust and there is a change of�any ot the benetic�al
<br /> .�i .. i ir�terestnftheUust � - �
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