.,.,.�,w. .
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<br /> � ��X;�R�'!�:»���r�rr�:w.F•�.�� �:��__.
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<br /> �t . • . °• •;�' '"t.e`r� • ,���c�•..w„r
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<br /> __�:.,:�:�:�ei � . 93:
<br /> _ � �.:t.�cr�,�
<br /> �.�.�••�� tr.�.� ����vr► o� r�.s-,� s�=cu�ur,�, sr�� s�ici�as o�ai� have t� -
<br /> ��� riqht to aaua� Notia� o! D�tault to b� qiv�n arrd th� pr�ais�a to b�
<br /> — sold as provid�d 2�r�in.
<br /> ��'� .��� ,-
<br /> � �'�� Th� parti�s sutually aqr�� as fallowas
<br /> .i��:L: t�F.�.��..
<br /> ; �t��:�; '; 11. At �y tiaa and lros tis� to ti� upon �rrittsn r�qu�st ot
<br /> ��,�: • BSNBFiCII►RISS, pays�nt o! l��s eusd pr�ssntetion o! this Msd
<br /> - :��., ' o! Trust and th� Note !or �ndors4�at�t �in cas� o! luil
<br /> u� ,P���,=.�S� �;,��3 r�aonveyanas, !or aana�ila��on and r�t�ntion), witiiout
<br /> _':=��i4i �� _« a a!laatinq the liability of any poraon �or tho pay�nt o! ths =
<br /> -- ;;:T; �y -�.���.;� ind�b�dne�a, TRUSTEB may (a) cons�nt to ths salcinq o! any asp
<br />_� -- J�;y.;�;;,�r.+�',�,� or plat of aaid proportyt (b) join in grasting any Qasos�rtt or
<br /> �,y,* ' �' . � subordintttio y or rother aqs�aa�nt afleatinq this D�od o! Trust
<br /> � .
<br /> '` ' '�' �i� or the liQn or aharqe tharao!t (d) reaonvey thi� Doed o! Tru4t
<br /> -� �� �i• I� �'� �•� or �he li.�n ox aharqs th�r�olt (d) reaonvoy, witlsout wt�rranty,
<br /> . �'Mn � `',; '.f aii or any part o! �aid proparty.
<br /> . , � -•r`M,'N.�: ° -
<br /> � B. The gr�tse in any Deed ot Rsaonvayanao �ay be desoribad as
<br /> � . "tho pQr�on or p�r�ons antitl�d tboroto�, and the r�csitals
<br /> � �� . therein of any �oatters or taats �hall be aonclusive proot o!
<br /> . ; - �;,y,� th� trutlaFulneas thereo!.
<br />, C. Upon default by TRU8TOR in tha payaent of indnbtedneas seaurad
<br /> . � �� hereby or in the perlornanae of any aqraement herenndor,
<br /> BENEFICIARIES may dealare r�ll �was seaured hereby im�ediately
<br /> � � dus and payable by delivery to TRUSTEE of writtQn daalaration
<br /> . � • of dsfault. If BENEFICIARIES desire said property to be eold,
<br /> they -shall deposit with TRUSTEE this Dasd of Trust �nd all
<br /> �— --���-` pro�tiasory notes and doauments evidenainq expendizurss �r�siui�c�
<br /> hereby, and ahall deliver to TRUSTEE a written Notice of
<br /> , Default and election to cause said property to be sold in ths
<br /> form required by law, whiob shall be duly filed for record by
<br /> TRU3TEE.
<br /> (1) After tha lapse of such time as may be required by law
<br /> (presently being one (1) month following the recordation _.-
<br /> . of said Notfce of Default) , Notice oP Default and Notica �`-�
<br /> of Sale havinq been qiven as required by law, TRUSTBE, ''"�
<br /> � without demand on TRUSTOR, shall se].l said property on �
<br /> ' the date and at the time and place desiqnated in said �;;;,:�
<br /> • Notice of Sale, at public auction to the hiqheat bidder, �'.��
<br /> � � tho purchase price payable in lawful money of the Un.ited ,
<br /> ;. :� States at the time oF sale. The person conducting the _ �
<br /> ' sale may, for any cause he deeme expedient, postpone the ;
<br /> ;��. .��. sala from time to time ur►til it shall be completed anel in �
<br /> ° . . , ;• , every such case, not3ce of postponement shall be given by
<br /> " ���;� � ''��i����•, public dealaration thereof by such person at the time and :
<br /> ,.,.,� place last appointed for the salet provided, if the sale .
<br /> = is poatponed for longer than one (1) day beyond the day
<br /> , ` j�"�'` .�"i�� designated in the Notice of sale, notice thereof ahall be .
<br /> ,' � } � qiven in the same manner a� the oriqinal Notice of Sale.
<br /> ;::�= TRUSTEE shall execute and deliver to the purchaser his
<br /> Dsed conveying said property so so�.d, but w3thout any
<br /> _ ` ` � aovgnant or warranty, express or implied. The recitals
<br /> - in the Deed cf any matters or faats shall be conalu�ive ; •
<br /> -.; " prvof of the truthfulness thereof. Any person, inaluding •
<br /> . _ ' _ . . BENEFICII►RIE3, may purchase at the sale. TRUSTOR hereby
<br /> �� . covenants to warrant and dsfend the t3tle of the above ,
<br /> =_ �. property to purchaser at salQ. -
<br /> _�.•: '',:�. R :�: . . I,
<br /> . ..._.... ..
<br /> -`- „'�."�.:�'`�,;,` ' D. When the TRUSTEE sell� the trust property pursua�nt to th�
<br /> ��• .. �.,. .
<br /> powers granted herein, the TRUSTEE shall apply the proceede
<br /> ,_ .,- -�- -�- -�
<br /> ___�� - irva iao saie or suan properzj► in L`au 16iiiVMi�ly vxu•� �a
<br /> �� "a�j'�,�� priority:
<br /> ► -
<br /> (1) Zb the cost and expensu o! Qxeraising the power of sale
<br /> and of the �n2e, inaludinq attorney tees, evidenas o!
<br /> -4- �,
<br /> - �`'
<br /> c�
<br /> .— �
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