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<br /> � Tru�t�� may rpuir�.
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<br /> � ., ,�,_,:,. , �. ,.'. (a) Upan receipt of such notice from Baneficiary. Truat� �hall caus•
<br /> �{� . �;��� ��;� � Lo be r4cordsd, publiehed and dolivered to Trustor sucb Noti.ce of Defnult and `_
<br /> �''w����f� Notico of Selo as tNon r�quired by law and by thia Daed of Truet. Trusteo �"j�,�i,«_'_�
<br /> '� '•�''�'�''' �. '` � s ha l l, w i t ho u t d a m s n d o n T r u s t o r a f t e r s uc h timo ee me y then ba requirad by
<br /> '!'-:; "`'' '""`� ; �'-�' � law and after recordetian of euc�i Notice of Default and aftor Notice of 3a le _ _
<br /> ,;},�r�,',,;��r�,';.,., ! havinq bean given es required by law sell the Truet Estete at the time and �_
<br /> : .�,..�;�:�;�� place of eala fixed by it in euch Na�ice of 3ale oither as a whalo, or in
<br /> Z�,�:;..4,`,.� :• � separate lots or paraels or itema as Truetee ahe�l deem exp�dient, end in such !__
<br /> ���:}'��i��,��,,�..�,� �: - order as it nwy deteraiine at public auction to the highea� bidder for caeh, ��_.—
<br /> in lawful nwno of th� Un�ted 8tates, payeble at the time of eale. Trustea �.-�1.,�.___
<br /> ____;,��11��,�',%�;`•;:� , ' shall doliver �o sucb purchaBer or purahaeere theraof its good and eufficiont �
<br /> �c..,,..�.. ":,.. ..'�;, ty eo sold, —-
<br /> ,::..��..a,ly;��,,;_, deed or deeds, conveyinq the proper but wi�hout eny covenant or
<br /> µ.:. :......... .:5, � . warranty, exprese or implied. The recitals irt auah deed of any matters or
<br /> - _`,�.:,•,. �;-,:�,;��,. facts ahall be ca�cluaive proof of the truthfulnese thereof. Ar►y pereon, __�
<br /> �.�,.__�,_.:;;1,,_ including, without limitat3on, Truator, Trustee, and Beneficiary, maY purchase
<br /> � et�;,�t - at such sale, and Trustor hereby covenante to warrant and defond the t3tle of �
<br />=_4`1��:..;_.,,,'`, :;'�;:.
<br />_ �� � �, ,.., such purchnsor or purchaears.
<br /> _�.,�'_������ tl�'��. `°w' fees
<br /> - (b) As maY bQ permitted by law, after deducting all costs,
<br /> ,�9�.. , , '°� �� expenees of Trustee and of thie Trust, includfng costs of evidence of �itle in =
<br /> � connection with sale Truetee ehall ap�ly the proceede of eale to payment of R,
<br /> -' �`�"�� �� �' ' (i) all snmc e nded under the terms eraof not then repaid, with acarued
<br /> �„r i;�. —:
<br /> interest at / percent per ertnum. (ii) al other swas then secured hereby, --
<br /> •-�', �"';,��,. � and (iii) the omainder, if any, to the pereon or pereons 1Qqally entitled �,.
<br /> . �4#. '., thereto. ' ��'-_
<br /> .�-r -
<br /> " ' ,�� (c) Trustee may, irt the manner provided by law, poetpone eale of all or ___
<br /> .:�i :k�. any port3on of the Trust Estate. ��" �
<br /> a� � iZ. REF�DIE3 NOT EXCLUSIV6. Trustee and Beneficiary, end each of them, �,y°-"`'`
<br /> � ` r "' ehall be en e o en orce payment and performance of any indebtedness or
<br /> "T�� ;' . � � obligations secured hereby and to exerciae all rights and powers under this � T�f
<br /> ' Deod of Truet or under any Loan Instrument or other agreement or any laws now � .'�. ,�,,
<br /> '"' or hereafter in force, notwithetanding eome or all o f t h e s u c h i ndebtedness = _ —_
<br /> ������ and obligationa secured herebp may now or hereafter be otherwise aecured, —�-
<br /> - .,,�,-„ � :;, ,_� whether by mortgage, deed of trust, pledge, lien, aseignment or otherwise. _�_!
<br /> - -=--- - Neithar thn acceptance af thi:, Deed of Trust n�r ite enforcement whether by __ _
<br /> court action or pursuant to the power of sale or other powers herein
<br /> . contained, shall prejudice or in any manner affect Trustee'e or eeneficiary'a �=` -
<br /> ,. ..` right to realixe upon or enforce any other security now or hereafter held 6y __ s _
<br /> � Trustee or Henefici�ry it being agreed that Trustee and Benefici�, and each
<br /> .t' ;' , of them, ahall be enti�led to enforce this Deed of Trust and any ot er
<br />°, ,,:. � ,;,� security now or hereafter held by Beneficiary or Trustee in such order and
<br /> manner as they or either of them may in their ebeolute d�acretion determine. ■L-�:--.
<br /> No remedy herein conferred upon or zeserved to Truetee or Heneficiary is �' �,,
<br /> �• � intended to be exclusive of any other remedy herein or by law provided or },w„�
<br /> � ° , permitted, but each shall be cumulative and shall be in addition to every �'�,��!,:;,;'"
<br /> � other remed given hereunder or now or hereafter exieting at law or in equity ••�.,:;;,,
<br /> ��;;,, -. , or by Statu�e. Every power or remedy given by any of the Loan Instruments to +;
<br /> • � '' . Truetee or Heneficiary or to which either of them may be otherwise entitled, , y�,,11, ,
<br /> "':- � may be exercised concurrently or independently, from ti�e to time and as
<br /> • "' �;," . •, '� � often ae may be �deemed expedient by Truetee or Benefici•�ry; and ei�her of them ,.,. : .;'_;
<br /> .�,,,� may pursue 3nconsistent remediea. Nothing heroin shall be construed as �
<br /> ��`�1�, pro h3bitin g Bene�iciery from seeking a deficiency judgment againet the Tzustor �-�_-="'
<br /> .• !..,. ; to the extont auch act ion is perm it te d by law. ��'�`' _
<br /> RS'q�.
<br /> �''�' 4 � 13. REQUE3T FOR NOTICE. Trustor hereby requests a copy of any notice '
<br /> � � � of default an�t a any no ce of sale hereunder be mailed to it at the h�� -
<br /> ` address se� forth in the first paragraph of this Deed of Trust. • �
<br /> r" . 14. GOVERNING LAW. This Deed of Trust ehall be governed by the laws of I'
<br /> � the State o e ae a. n the event that any provision or clause of any of the _��,-------•
<br /> � Loan Inetrwnente conflicts with applicable laws, such conflicts shall not �,�
<br /> • affect other provisions of suah Loan Instruments which can be given effect
<br /> �� without the conflicting proviaions; and to this end, the provisions of the ��,.�?�!Y
<br /> , •,::',`•,:. ,�
<br /> ' .��, ;::,- Loan Instruments are declared to be severable. This instrument cannot be
<br /> '�,:.` waived, changed, discharged, or terminated orally, but only by an instrument 1
<br /> in writing signed by the party againet whom enforcement of any waiver, change, ��;�. , .
<br /> , ' discharge or termination is sought. �
<br /> � ,, `
<br /> 15. RECONVEYANCE BY TRUSTEE. Upon written request of Heneficiary a
<br /> stating tha a sums secure ere y have been paid and upon surrender of �� ,
<br /> � this Deed of Trust and the Note to 'Pruetee for cancellation and retention and '
<br /> � upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor, �, . ,
<br /> � or the person or persons leqally entitled thereto, without warranty, any ;�. �
<br /> � portion of the Truet Estate then held hereun�er. The recitals in such •
<br /> ' reconveyance of any matters or facts shall be conclusive proof of the �
<br /> • truthfulness thereof. The grantee in any reconveyance may be described as
<br /> ,;,.., , "the peraon or persons legally entitled Ehereto". :
<br /> ";;'i,�': , 16. NO�ICES. Whenever Beneficiary, Trustor, or Trustee shall desire to �
<br /> � ���a nr Rerva anv notice, demand, request or other communication with respect !' �' .
<br /> �o this Deed of firtist, each such notice, aemand, requesi or oi.i�er �
<br /> � � :•r�.:�:�. . ^ c•±msrninicatfon shall be in writing and shall be effective only if the same is
<br /> `�' �"'�'� delivered by peraonal service or mailed by certified mail, postaye prepaid
<br /> � return receipt requested, addressed to the address set forth at the beginn�ng •
<br /> of this Deedeliverint�or�ma�ilit�ia to the othertpartiesnhereto,aesraforesaiduch �
<br /> �_ noticegofYsuch change.
<br /> ' 17. ACCEPTANCE BY TRU3TEE. Trgstee accepts tpublTcurecordnashprovided
<br /> of Trust, du y execu e an ac nowled ed, is made a
<br /> by law.
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