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<br /> !. INSPEC110NS, Btoliki�ryr cf Its tatM�Ot ur�ofl�etA�i1�E�JllforbW t0 t�N a�y n�ilOM1�bM tidN
<br /> ��'�� ua......a r«u�.�ot p�ror.�,.r a�a..a.u�.
<br /> „po,or ia a�ryr part ot w 1'nrc�g.tat.t«u�e papo«ot+nakti�
<br /> wtloeised to pcdorm uuder tYs qnrt of aay of tit I.o�lew�.
<br /> -'�'' 9. HVBM�OF DBFAULT. Aay o�tM tolb�iw�evenb�11 be beamed aa oxat of def�ult Genu�r.
<br /> x.
<br /> _ t•) 'f�,�toc�pau bwe ww w suY�e pre�oc..y inuwn.at a Uwwt.a[acjw��a a+�cip�l aa iw+�u or.ey oUMr
<br /> ��� au�wied Uenby wYta due;or�
<br /> -�= M) 1Lere pn oocuaed a brc�eh af det�uJt u�dw a�y wm.caewet�+ip'eemcnt,oo�ditka,provirfon.�Po��tatb0.°� .
<br /> __--______- wamntymnWncd in�ny of tYe iau�JoKrumenn.
<br /> �"-=`F°"�'�°t'T� 10. AO�—�po�TION UPON D&RAUI T ADDIITOPL�L Rf?.�IF� �1d an evtat of default oocur.Henstid�ry avY
<br /> da�Y�dl iadebtedna�t savred bercbY to 6e due�nd p�y�bk�u�d tYe nme�b�il tbct�eupon beoome aua�nd pwy�Els witbout oy
<br /> perctentmtn�de1w�A.P�'aat,ot ootke ot a�y idod. lbeeea(ter tbt Beoeticliry aNY•
<br /> _,,, ---W-- (a) EitMr in penat at by a�eat.rith or writbout brin=fa�wy�ctiat or poceedin�,or by a receiver appob►ted by a Gourt
<br /> � � .�,:, ;�r� � ud witbout aptd W tbe adoqwry at iu tavdty.eater upon uid aire po�a�ion of tbe Tnut Fsate�or any part thereof,in ifs owo
<br /> „'��.' �a��..•,.'� I1�EIC Ot 111 HIC M�A!Of TtUitOC�and do�u►y+�cn�vhich it Aenn neoaairY ar dalrable W prcserve the value,a►RrketabWry or
<br /> � reaubUity at the Tnut Fsate�or p�rt thercof o�interctt tbercL►�ini.w.ane the iucane thecef[om a p�otect tik�uuwity heroot.and
<br /> •• - � , uaa
<br /> ''_•K;;,�.� • ''. �dtn or�richout aktnt po�uion o(u�c rn�t Pst,ee,we r«««nen.i�e caUat ehe renu,i�ues.ea profiu u�ereoc.iw:iudlai tao�e
<br /> . �y«�v;�• ,
<br /> pnt due and unp�W,and aPPIY the ame�lea caps aaA apenks of opewtian aad eaikctiaa�inctudlni anomey's tas,�Pon usY
<br /> iadcbtednas secured hec�eby��11 ta such ader a�Beneficiary awy detertnine. 'Il�e enteda�upon u�d takinQ po�uclon of the Tn�tt
<br /> ar�l3 j`:-: :� •r"- Fsute�tUe aoUecNon ot wch rcnt�,i�axs aad prof ts�nd the rpplipHon therco[�t a[awid,shaU not curc or w�aive aay detault ot
<br /> noHoe ot de[�ult Ixreun0er ot imaUd�te any+ict cione�e eespa�ce to�ucA defauit or puRUant to�ucd notke af det+ult ub,
<br /> . ..��t na�itlWandin�the ooatinuma in poaeaion of the Truct Psate a the cdiuttoo��eceipt and application ot rena�iauu or profits,
<br /> Truuee or BeneC�ciary�hall be entitkd to exeerhe every ri�t prwido0 tor in any o(the Loaa Inutumenn a by inr upon oocumeace
<br /> utt
<br /> • +�' �r.. u o(tny event d def�ult,iacludina the ri�ht to eYercise the poMer ot�le;
<br /> _ ,yi,i:..,.� .,..�2 .;,
<br /> (b) Comroeaa an aetion w torecio�e this Dad oClYutt a a n�ortpQe�appdnt�rcoeiver.w�petiC�caUy eatorce aay ot tde
<br /> eaenana Mercof:
<br /> - ---- --- - "- - (e) lktiver to Ttuuee a�rtit[en dccinniiwi ut dti�ult snd demaisd foi:ele.md a xritt•n n�xi.e�,f def�utt and ekctlon to
<br /> ua
<br /> °�(��,- �� T caure TfustorY i�uerat in the Truct Fi�nte to be�oid.whkh notice Tnutee chall auee to be duty fited[a rem�d in tde aPproprlate
<br /> � ' pificial lt�c�ads ot the Counry in w hkh the Tru�t Fsute Is loated,
<br /> 11. FQRF.CI.OSURB BY POWER OF SAI.E. SiwuW&neGciary eiect to taeclae by exercice of the Power of S�k herein
<br /> contained,BeneC�tiary chall notify Truttee+nd shall depait vith Trv�tee th4 Tked ot Tnut uW the Note�nd such receipu and
<br /> evWeace o[expenditurca made�nd acurcd heceby a�Tructa may�equirc.
<br /> � (a) Upon rreeipt ot:ueh notice trom Benefieiary,Tnutee ehali cauce to be rceorded.pubtuhed and delivered to T►u�tor
<br /> ' sueh Notice of Def�ult and Notice o[S�k K then requircd by I+iw aad by this Dud o[Truct. Tnutee stuit,.dthcwt demand on
<br /> �'". Trnctor,�Iter euch time u msy then be rcquired by lar and aRer rccordation of cuch NoUce af 4efault and+itet Notia of Sfk havin�
<br /> ban Qiven at rcquimd by law,all the Tnut Fsute at the time and piace of cale fixed by it in such Notitt of Sale,either as a wtwie,or
<br /> �"�. ' in sepnte lou or p�rcek or items as Truske siull deem expedient,�nd in�uch order a it m�y determine,�t public aucdon to the
<br /> l � hf�hest bidder for cuh,in lawfut money of the United Statea,payabte�t the time o[sak. Tnutee chail deiiver to wch purchner or
<br /> purchuea thercof,in Yood�nd cufficient dced or deed�,eomsyin�the property so eald.but without any covensnt or�arranty,e�rea
<br /> % or impikd. 'llie reduk in eueh deed of sny matters or tacu chaU be eoncl�uive proof of the truthNinesc thercoL Any pereon,
<br /> � �• �• incluAin�,.rithout tlmitation,Tnutor,Tcueta,and Beneficiary,m+y purehue at iucq aie.and Trusta hercby covenanu to Nartant An0
<br /> - defend the titk ot cceh purchaur or purchuerc.
<br /> (b) As m�y be pertnitted by Iaw,after dedceting ail eaett,[eu,eupenses ot Tructa and o(this Trust,ineludin�eau of
<br /> � cwidentt o[dpe in connection�ith aie,Trvstee shall appiy the proaed�of uie to payment of(i)all sums expended under the terma
<br /> , , hercof,not then rcp�id.with acerued interat at 12 percent per annum,(if)ail other sums then ucuru!ixrcby,and(iii)the temainder,
<br /> . U my,to the perion w penons kQaliy eneiikd thereto.
<br /> ' • (c) Ta+st«may.in the manner pmvided by uw,patpone uk of atl or any portion of the Trustee�nte.
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<br /> 12. RftMFDif'S NOT F.XC[.USIVE. Tructa and Beneficiary,and ach ot them,chall be entided to enioree payment and
<br /> �,; performantt of any indebtedness or abligation:serurcd henby und to exercia all righlc and powers under thic Deed of Tnut or under
<br /> " any Lwn Instrument or other agrcement a ony laws nar or hereafler in[ace,notwithctanding some or aii of the cueh indebtedneu
<br /> � md ob�igationc ucurcd hercby m�y now or hercafter 6e othenvise ucurcd,whether by murtg+ge,deed of trvct,pledge,lien,assignment
<br /> � �t or othenriu. Neither the acceptancc of this[ked ot Trvet nor iu enforcement whether by court rction or pursuant to the power of
<br /> 6 nk or aher powea hercin contained,shali prcjudice or in any manner affut Trustee's or Bencfic�ary's right to rc�lize upon or enface
<br /> r�, my o�lxr ucurity now or hereaQer held by Trustee or&neficiary,it bein�agrced that Trustee and Bcnefici�ry,and ach of them.
<br /> " �lutl be entiqed tu enforcc this Deed of'1'nut and any aher cecurity now or hercaRer held by Bencfic�ary or 1'rustce,in such order
<br /> • md rtwnner as they or either of thcm may in their absdute discrction detem�ine. No remedy hercin confernd upon or rcurved to
<br /> � Ttustee or BeneGciary ic intended to be exelusrve ot my other rsmedy hercin w by I�w pruvided or permitted,but each ahall be
<br /> . . cumul�tive�nd shalt be in addition to evcry o�her rcmedy given hercunder or now or hercafter existing ot I�v or in equity or by
<br /> ; � S��tuta Every power or mmcdy�ven by my of the Lwn Inctrumenu to Trustee or&u�[k�ary or to which cither o[them may be
<br /> dhenri�e entitled,may bc exercised,concumeutly or iiMependently,(rom time to time,and su u(ten�s may be deemed ezpedient by
<br /> i• � Trustee or Beneficiary,and either ot them may purcue inconsistent rcmedia. �othing hercin shall be construed u proh�bitio�
<br /> _ �___ � &ne(kfaey trom aekin��deficiency jud�nent agpinst the Trustor to the eztent sueh�ction u permitted by taw.
<br /> .` �- ^ 13. RF.QUFSI'FOR h�1TIC'f:. 'Tnutor heRby rcquu�c�eopy of any nocia of default,and that any notice of nIe
<br /> • � htteundC�be m�ikd to it�t the rddKCC set forth in the fin[paraYnph ot thte Deed of'Cnut.
<br /> 14. C70VNEth'I!v(3 IAW. 71ns l?eed of'fru�t shall be�wemed by the tyws of the Statc oC\ebnsNa.In the cvent that any
<br /> �; provi�ion or c{auu ot any of the I.wn Instrument:mniLcu with applk+ble Irws,such�vnilictx shrlt na affect other piwisions o[xuch
<br /> f f I.oan Inetruments which can be g�ven efkc�..n�hou��he�tmOkiing pro�iclonc:and to this end,she pcuvis�ons uf the Loan Instruments
<br /> r.
<br /> ►• �rc detlarcd to be severnbk. 'Ihis inurumem canna be wai�ed,chan�ed,diecharged,or terminned urally,hut only by�n matrument m
<br /> • . , writin�siYned by the pany aYainst whom enfnrecmeat of any waiver.change,disch�rge ur termmatwn�s wught.
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