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<br /> ln th�ir absoluto discr�tian d�t�rwi�a. No r��edy herein conferrQd upon or r�ierved co
<br /> Tcust�• or 8�naficlary is intend�d to ba •xclusiva oE any oth�r rea�edy herein or by law
<br /> pravid�d or pera�ittad. but each �hrll ba cumul�tive and shall be in additton to every other
<br /> __ __ rs�dy �tven h�r�uod�r or now or h�r�afte r •xistio� •t taw or !n •quity or by •tatuta. Bv�ry
<br /> - �----� pover or remedy provided hereunder this D�ed of Trust to Trua u• or B�n�ftciary or to which �__
<br /> eith�r of thea� a��y be oth�rwi�� entitlad. aiay be exorcised� concurrcntly ��� i�depa�dently,
<br /> Erom ti�e to time and as often as may be ,deened expediant by Trustae or Beoeficiary and csither
<br /> of thea� �ay purtue inconsi9tent ran�edies. Nothing here�in shall b� conatrued as prohibitinQ
<br /> HenaficiRry fran� aeeking • deficiency judgement ��alnst the Trustor to th� exteot such
<br /> action i� per�itted by law.
<br /> -- 10. Transfar of the Property; Asaumption. If all or any part of the property or any
<br /> interast therein is sold� transferred or conveyed by Trustor Without Beneficlury's prior
<br /> written cost�ent� excluding (a) the creation of a lien of encumbrance subordinate to this
<br /> — —,-�-- Doed of Trust, (b) the creation of a purchase money �ecurity interest for hou�ehold appliancos.
<br /> (c) a transfer by devlse. descent or by operatlon of taw upon the death of a joint tena�t or
<br /> , 3 (d) the grant of rtny leasehold interost of thrce years or less not contai�ing aa option to
<br /> � �n;«z��� . urchase l3eneEiciar ma , at Heoef iciar 's o t ton. Jeclare all the sums securQd b this Deed —
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<br /> . �µ�;;�-•;A�;:,y�i,�; ' of Trust to be irnaediately due and payable, or cause the Trustee to file a notice of deFault. _
<br /> • � ,,.. � Heneficiary ahall have waived such option co accelerate if� prior to the :ale� transfer or
<br /> ���`- � conveyance, Benefici.ary and the person to uhom the property is to be sold or transforced
<br /> '����° �': ':�••v�'• reach agreement in writ ing that the credi t of such pcsrson is satisfacto�y to Benef iciary
<br /> . r and that the lnterert payable on the sume secured by this Deed af Trust chall be at such
<br />- � `•'�`�� � ' '�:•� rate as Beaeficiary shall request.
<br /> ' ' 11. Acceleration upon Defaulti Remedies� Sale. Upon default by 'frustor in the payment
<br /> �� � ., of or performance of the cerme and conditions of the NOTE, or any renewals� modificet[ons or
<br /> extensiona thereof, or the payme�t oE any other indebtedness secuced hereby or in tho —
<br /> - i`-�=-_-- _ - j,eiforma�ce af any of the cor�versaais ar agrcements hereesnder. Deneficiary may decl�r� a11
<br /> � sums secured hereby immedtately due and paynble and khe same shall thereupon become due and
<br /> payable without presentment, demand, protest or notice of any kind. 7'herenfter� Heneficlary
<br /> may deliver to Trustee a aritten declaration of Jefaulc pnd demand for sAle. Trustee shAll —
<br /> have the power of sale of the Property And if Aeneficiary decides the Property !s to be sold ---
<br /> � it shall deposit with Trustee cliis Deed of '1'rust and the NOTB or Naces and ony other documoncs �'
<br /> �;: evidencing expenditures secured hereby, And shn 11 del fvar to Tc•ustre a written notice of __
<br /> ��� default and election to cause the Property to be sold� and Trustee, in turn, shnll prepare T
<br /> � a similar notice in the form required by law which shall be duly Eiled For record by Trustee. �•
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<br /> ��� (a) After the lapse of such timc as rnny be required by Ir►w followtng [he recordotion of !'=
<br /> i� Notice oE Uefault, and Not ice of Uefaul[ ond Noticc of Sule t�uving beert �;iven as requiced —
<br /> ° by law. Trustee, without dcmand on Trustor, shnll scll the Propi�rty in onc or more parcels =
<br /> and in such order as Trustor may Jetermine on the da[e and ut the t[me and �lace desisnated �
<br /> , 1n said Notice of Sale, At public auction to the hi�;hest bidder, the purchASe price pt�ynblc F'�
<br /> � in cash in lawEul money of the Uni�ed 5tates ac the time of salc. 7'hr person conducttng the
<br /> salc may, for any cause he or sl�e dcems expedie�it, pos[pone U�r s.�le trom timc to timc until
<br /> • . it shall be completed and, in every sucli case, notic� of post��onemen[ shall be given by ..
<br /> s puclic declaration thereoE by such person nt tl�c [imo nncl place last appointrd [or the snle; �
<br /> • provided, iE the snle i f poscponed tur long�r t han one ( 1) d:►y bc�yond t he dtty d�si�nnrod ln
<br /> the Notice of Sale, nottcc ttiereof sl�nll be given in the snm�� m��nner ns the ortginnl Notice of
<br /> � Sale. Trustee shall execute and deliver to �hc purchaser tts Uecd convcyin� the Property so i
<br /> �. sold, but wtthout any covenant or w�rranty, express, or imp11�J. The recitals in the Ueed of
<br /> ' any matters or facts shoil be conclusive proof of the truchfulness Chereof. Any person, :
<br /> '. � i�cludiag withouc limicution Beneficinry or 'I'rustee, may purc}�ase At the sale
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<br /> �.,- (b) When Trustec sell s pursuunt to [he pawers lierein, 9'rustee shnl l apply [he procceds of
<br /> ' . [he sale to payment of che costs and expenses of exercising tha power of snle and oC the sale,
<br /> � including, wi[hout tcmtrac to», [he payroent ot 'i'rustc�c's I�e��s incurrocl, wl�tch 1'rustee's F�cs
<br /> � � shall �ot in thc aggregn[c excecd tl�c followlnb amuunts based upon th� amount secured hcreby
<br /> and remaining unpnlJ: S percentum or A minlmum $ fee pl�is n pc•rcentage un the baluncc ch�reof;
<br /> � � and then to the items set forth in subparagraph (c) hcreof in the order thercin stated.
<br /> ,�. (c) After paying tlie items specifieci in subpnrn�r:►pti (b), if tlie sale is I�y 'frustce, or
<br /> sa- � ._ .1 �ha nrnnnr r.ourt nnd other costs of Eore�losure und sale if tl�e snle is purs�ttnt [o judfeial
<br /> � foreclosure, the proceeds of sale shall be pppi ied in ttie ordrr stoteJ below to the payment of:
<br /> • (1) Cost of any evidence of [itle procurcd in conn�ctton wich such snle and of any
<br /> � revenue required [o be pAid;
<br /> ! t (2) Actorneys fees;
<br /> � ' � (3) A11 sums then secured hcreby;
<br /> (4) Junior [rust deeds, mortgag��s, or other U rnholders; F►nJ
<br /> � � (S) The remainder, if any, co the �crt,on or persons legully entitled thereto.
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