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<br /> ^T�-�y�- — (d)A writ of oxcrutivo or attttchmont of nny similnr procoee ehall bo ontered aqalnet Truatar whtch ahall becwmo a Iton an tho Proporty,or eny
<br /> • � partlon t}iorcoPor lntareat thomin nnd euch execution,attachmont os simflar prooeas of Judgatont ie not roleuaed,bonded,eatiefied,vacut- ___ _
<br /> t* � L " ed or etqy�ed wltMn ninoty(80)da�ve aRnr its on:ry ar lovy:or —• _ -
<br /> (o)Thoro haa occurrod n broaeh of or dofoult undoe any tortn,covonnnt,agr�eomont,condition,provieion,ropreeontation or wnrranty contt�inad
<br /> horoln or tn any af eha documenW ovidonaing ObliBnt�one eocured by thie Aoed of Truet;or
<br /> � (Q 14uetor foile tu podorm aqy Wrme,wnditione,cavonnnte,or a�eomonte which aro part of othor thon thle ITeed of Truet uny documont or
<br /> ,;•. � agmement whtcfi aeouros all or eny part of tho Obligatlon�.
<br /> ,. �;;,� •���°`���` ^* 9. (:ondem�tfon. lf tttlo W amy pert of the Pruporly Fhn►!bo talcen!n candemnntton�rxoodinge,by elqht of eminont domatn or etmiler
<br /> ' r�"�' '� actlon,or shoil bo ewld undor thront of a,ademnndon,nll nwnrdo,dmm��+nnd proccn.de ero horoby nsei�►ed and ehall bo paid ta Honoflcinry who c-- - -'"-- _
<br /> �` � . eheil apply euch awerde,damagee aad prooeo3n to the sume eocurad by this Ueod of Teuet,wlth tho excees.if nny,pnid eo Truetor.If Truetor
<br /> � �''r'�7�"� .
<br /> �, ..f� '� � � nsceives eny notice or otho�int'ormation regerding oucfi aatione ar proceedinga,lYuetor ehall givo prompt writWn notioo thercol�o Bonefictary.
<br /> �'�•`"�: " B�neBciary ehnil bo enttWed,ai iG�option,W commence,appenr in And prosecuto in its own nama uny such acHon or praceedings and shall be
<br />- � � -�; entitled to mako any oompromise or settlemont ir►wnnectlon wilh Any such action or proceudings.
<br /> ���: '� SaneRclarY maY �.- ---- --
<br /> 10.Accelerallon=Aemedies3 Powen o!8ale.Upon xn evont of default by 11usWr,ss dofined in Parugraphs 8 ar►d 22 horein, _
<br /> declere a U sums e c ro u re d here by imm e d ta t s ly due an d pnyu b l o b y d o l i v e r y t o T r u e t e e o f a written declasation of default.THE TRUBTEE BHALL —
<br /> � • HAVE THE PO�M1►�R OF 9AI.E OF THE PROPEftTY nnd[t BenaAciary desima the Proporty to be sold,!t ehall depoeit w[th Truetee thie Deed uP �°°-°°_
<br /> • . " � Trunt,tho Note,and all othee promiaeory notcss and dxumonts evidendng ObUgationa eecured hereby,and ehatl delivor to TeusLeo o wetttan �'��°�''�`'` ----_—___
<br /> b notice of default and eluction to cnune the Property W be sold,and the 15rnetee in turn ehall prepare a eimiler Noeico in tho farm reqaired by lsw, ��`':'-`_--�.
<br /> ' '�•• �.. • • �. which ehell bo duly tiled for reoord by Truetee. �_��._..
<br /> L�'?�at�na�mo�,cr;.
<br /> /` ,�f-� �, �' � •• . � (a) After tho lapse of auch time as may ba sequised by law following the recordaUon af eaid nottce of defuult,uad nottce of default and notice of :��.z.•:
<br /> eale having beon glven as eequired by law,1'ivateo,wtthout demand on TrusWr,ahall sell the Proporty on ths date and et the time and ;'; ��,'
<br /> place deai�ated in aaid noNce of eele,at public auctlon W the highext biddor,the purchnae p�ice payable in lswlhl money of the United �:�'• .,L:--- ' -
<br /> � 8tates at the time of eale.The peraon conducting the sale may,for any cauea ho deeme ozpedient,poetpone the eale fmm tlme to time = -- --
<br /> �Y• undl it shell 6e�ompletsd and,in every each ceao,t►otice of poatponement shall be glvon by publlc declaration thereof by such pereon at •'. t,.;4.;�'_—'—--
<br /> '. ,i�,,.�_„ tho timo und plueo last appoisited foe the sale;pmvided,if ihe sale ia postponed for longer than one t 1)day boyond the dey denignated in � � � .s�„
<br /> , . . ,�_�.�_
<br /> the notice of eale,notice thenrof shall be givon in the uame manner as the origtnel notice of sale.Truetce shal!execute and doliver W the �' , � ��;_
<br /> '^-:--�-'---::°:--- purchaser his Deed wnveying thn ProEw�iy epld,but uithout aap cocanunt nr u�arranty,exprPpw,ar impliwd.The recitals tn the Deed of � •
<br /> w =_— '�
<br /> A � any mattess or facta ehall be concluaive proof of the truthfulnees thereof.Any peraon,indudtng BeneRciary,may purchaeo ut the eale. ` -��
<br /> '�..-;
<br /> �� (b) When Truetee aelle pursuant to the powera heroin,ihe Truateo ehall apply the proceeds of tho xale to pnyment of tho rnats and oxpenses of ,y���,...z,_�..
<br /> ` exercieing thepower of sele and of the sale.including but not lim{ted to,the puyment of the 7'ruetee'a fees actually lncuned,and then W ,'�r`="�
<br /> the items in au b paragraph(c)in the order there etated. � �"`�,
<br /> � (c) After peying the items spectSed in aubparagraph(b)if the sale ie by Truatee,or aRcr paymertt af ppopc+r court coats if the xale 1e pumuant ., ;�.1"�=.
<br /> to judidul fcrecloaure,the proceeda of eale ahall be applied in the order stnted below: � �
<br /> �•
<br /> ,. �• (;) Cost of eny evldence of title pracured In wnnect{on with euch eale and of any revenue stampa; ' ���y�'�
<br /> tii) Attarney feea and coats of mlleetion; „ 'j�
<br /> . ' (iiil All euma then securnd by thie Deed of Trust;
<br /> ' _ _ _ _ (iv) Junior trust deede,mort�egea,or other I{enholders; ����
<br /> ---'—---"� (v) 1'he remalnder,if any,to tho poreon logaiiy entitied thereto. , � °
<br /> 11. Duties and ObUgattone of Trustee.(a)The dutiea and obligations oPTruatko ehall be detertnined eolvly by the exprens provielona of thix +� ' � +�
<br /> Deed of Trust and 1Yuetee shall not be lisble excropt for the performnnce of such dutiea end obligatione as are apecitically eot forth here[n,and no R
<br /> . implied covenants or obligutions shall be impoaed upon Truatco: �b�No provision of thie Deed of Truat ahall require'I'ruatee to expend or�fek iri+
<br /> �� own funde,or othorwiee incur uny tinancial obligation in the porformance of nny of Iti+duties horeunder,ar in tho exerciae of any of its rfght or
<br /> powora,if it ehall hnvo grounde for believing that the ropaymont of auch funde or adequate indemnity a�ainst auch riek or liabitity is not reaeon• ; ,
<br /> ably aeaured to tt;te)Truetee may rnnAUlt with counael of iUi own chooainR and the ndv�ce of such counsal ahull ba full and complete authoriza-
<br /> ' tion and pmtec�ion in che rea�1,ui'any act�4��la�.ou���utfered by 1t in�ood fuith�nd mlience thernnn; rd�9'n+at.w eheil nnt 6e liable for any ��
<br /> action taken by it in good faith und rnenonably believed by it w be aiithorfzcd or within the diacretfon or riRhts or powera conferred upon it by thfe ;�"�:�`
<br /> ' Deed of Trust;ce)Truetee shall not be reeponxihle for th��pnyment af any unpnid taxea on the Property due and owing nt the time af the sale of
<br /> all or any part of the Property pur�tuent to tho proccdure,+in Paraqraph 10, ii�, •
<br /> 12.Addltional Beawity Instrumonta Truetor,at Ita exp�•nxe,will execute nnd deliver to the TruNtee,promptly upon domnnd,auch security .. �:
<br />- inetrumenta ua mny Fx mquired by Truetce,in form and eubatunre xntixfnctory tu Truxtee,covorin�nny of the Property conveyed by thie Oeed of . '•+ �
<br />�4 Truet,which eecurity instrumonti+xhnli be udditionnl eecurity for Truatnr H faithful perCormance of all of the terma,mvenanUs,and rnndit{onx of .� "`��6-
<br /> tMa Deed of 1}uet,the Noto and any und nll other documenta evidencing the Obli�ntionn accurnd hernby,��nd uny other Kecurity InRtrumenta exe• .:�,r.�/-
<br /> cuted in annoction with thie trnnsaction.Such inRirumentx ehull he recurd��d nr filcd,and rn•recorded nnd ref ilcd,at Truator's expenee. �^,J,'
<br /> 13. Bueeeasor Teustoe. Benefici�ry miiy from time w time wubetitute n»uccexaor or�+uccexxor,+to i�ny Truxur named homin or actin�hereun-
<br /> • � der to executo thie Deed of Truet.Upon euch nppnintment nnd without mnvoyanre to the eucceaxor Truater,the latter,+hall be vested with all
<br /> tttle,powere,and dutiea confermd upon nny TtuNtee herein nemed or actinR hereund�•r.E'.uch�+uch uppointment und eubatitutton ehell be made .
<br /> by wriLten lnstrummt by Beneticiury,contnining rolcrenee w th�:+Ueed af Truxt imd it,�pluce of�rc�n d,which when rccorded in thr ot'tiee of the I ..
<br /> ftegieter of Deeda af the county ar countien in which Hnid Proprrty is aiwuted xhnll F�a�conclunive pra,f of proper nppointment of the xuccesaor
<br /> truetee.The ioregoinq power uf nuLnlitutiun nnd the pracedurc thcrefor nhnl)nnt ho exduK�vi•��f thi•pnwer nnd pnxY�durn provided for by lew for . .
<br /> the eubatitutlon of another truetee ur trustmx in the pince of thr Truxu c. I
<br /> 14. Inapoettone. Benef�ciary,or its a��nte,reprcxentntivex or workm�•n,nre iwlhorir.ed to onti�r ut unv n�uannuble time upon nll ar in any part
<br /> • oF thc Property for thc purposc of inxpecting the asme nnd for th�•purpn��.nf ry�rfi�rmin�;nny of the nct++it ia�iuthuri•r.ed w perform under the
<br /> ' tvrme of the lleed of Truet. �
<br /> 16. Forbearance by$eneftciary or TYustoo Not a Wetvor. Any fnrtxi�nmc��h� }3vn�•tiri+�p•or Truxt�c in excrciein�;uoy riQht or rnmedy �
<br /> hereunde�,or otherwiae nfTorded by npplicable Inw,ahell not ix�u wnivi�r oFor Nrirludo th�•exerciKC of+my ri�;ht�n•mmvdy h�rnunder.Likewiae, �
<br /> the wuiver by Beneliciury or TruHtce of uny defnult uf Tru�tnr undcr thin Deed oFTruat�hnl►nut Ix•d����m��d t�i bc ti�vni�•er of imy othcr or aimilnr
<br /> defnults aubsequently accurring. i
<br /> 18.Truatar Not Roleased. �xtenaion af the time fnr pnym��nt nr moditicution or��murtizntian��f th��num,+secumd by thix beed nf Truxt�,nnnt-
<br /> ' ed by Boneficiury W any Kuccesaor in intemxt oT TruNtur�hnll nnt uprri�to to rcli�uKi�.in nny m+mnor,the linbility uf the originnl Truxtor or ;
<br /> Truxtora succex�+or in inkrnet.&neticinrv xhnll not tx�royuimd tn cummenco priMrrdin�;�+ntininNt Huch wua•v:+KUr or r��fus��tn extend time for pay- ,
<br /> ment or othcrwinc modity umuriir.ution of thr�um+���cun�d hy thi+Th•rd of Truat b}•n•uynn of nnp d�•mnnd mnde by thi•oritianul Truator und
<br /> , Truetors eucrneaora in interext.
<br /> : I7. Beneficlary's Itight to Cure. If th��re xhall bi���defnult undi�r thiM D����d of'1'ru,+t or und��r�ui�•prinr mort{�n���ur di�ed�d truKt,thc ,
<br /> ' BeneRcinry mny eum auch defnult.Th��mm�untn udvxncod bp.�md othor caKtK,uid oxp�•narr of the}k�m�Picii�rv m cunn�;auch d��fnult,with inter-
<br /> eat lfrom the dutc of dixburxemi nt at the rntr pny+ihlr fmm tim��tu timi�on untatund�n�;prnuipnl un tho N�rt�•unlrxx pnymimt of intori�st nt Huch
<br /> rate would be rnntrnry W applicnble lnw,in which event nuch mm�unt++xh��ll M�nr interrxt ut th�•hiuheat ruta�nuthunzi�d by npplicu6le Inw�ahnll
<br /> � be added to the{ndebtednea�secund b,v thix berd�>f Truxt nnd mny hi�M�Ui�rt�•d hemundcr nt imy time nRer thi•time uf euch ndvanceR or pey
<br /> �
<br /> ments and shap be deemed to be eecurnd thcrnby.
<br /> ...... �.._. �.. . .. - •- � .. . �. . " •- - .. .. ..---'--- -0--..�_�..�.ti..�....a.... u......rt..:........6.,u 6..�..►h..��ntinn}n fnrnrlm:��thiN A�w�d . �
<br /> . ,—' " le. Vption co rotECtoae ue mvn�agr. u p.ni we�...o�.....�-..�...y .
<br /> t c ...�.................�.........._...., ..._...._ . ... ,
<br /> '. of Trust in the munner provided by Inw for the farcwMxum uf mort{;n{;es om m�l prnpc�rty.
<br /> ! 19. 'l�tstor's Atghta,Absont DetaulQ Until nny defnult ua d��finiKl hemin,th��'I'runtur,d+succeecKOre smd nesignx.+hnll pu4ac,+s imd rqjuy thc
<br /> � i Property.LJpon pnyment of ull Nums eecured by thie I)md o(Truxt.Hi�n��ficinr�•xhnll riK�ur+t Truxt���tu rM+mvcy the prop��rty imd Khnll yunendcr
<br /> thie Ueed of Truet and the Note,und ull uther documentx evidencinu indebtedn���s x�•c�m•d b}•thix Do��d�d'Cruat tu TrustiK�-TrnKtir+h,Jl nr�m-
<br /> vey the properly wtthuut wurrunty and�vithout rher�c to the perwinK li�g+dly entiU��cl th�•n•to.Thr�;rnnt.Y•in nny mnmvi�}•iincc muy hi•di�ycnlx•d
<br /> I '� ns"the peraon or perdone entitled therrto,"und the recit�►In theroin of nny mutt��rv or fiict�whull Fx�crmrluKive pr��f ut'tho truthfiiln�wa th��nti�f.
<br /> ' I Such pereon or perennx xhall pay nU coxt,�of recnrding,if any.
<br /> 'L0.$eqofieiary's Powern. W{thaut nf�ectin�or ml��uxin�th�� linh�lity��f th��Trantur ur uny othcr pi•r+an I�able fur the pn��ment uf nny
<br /> ;, Obliqntione hernin mentlonrd,und without uffcYting thc lien ch�v�•of thia llirrl uf Truat u}Hm miy portion oT thc I'ro{x•rty nut th��n or thi�n•tafuro
<br /> - relensed uN eccurity for the ttill umuunt uf ull unpuid Obliki�tionx,licneticiury mu��.f'mm tim��to timc iind withnut n��Uar ut thc re��ucat��f�mi�nr
<br /> mom Ttudtorx (i�relrw3o uny per�;on xu liublc. �ii�cxtrnd ur nm��w thi•muturtry ur ulU•r nm•uf tho ti�rmN af uny wuch uhli�;uti�mx, �iii�urunt uth�•r
<br /> .� indulQentte.�iv)relenex o�rnconvey,ur cnuse tu be mli��xed ur mcunvcyi�d ut am time ut t�meficinrv'�+aption nny purccl ur��11 af'the 1'ru{n�rty.
<br /> . , (vl Wke ot releuse uny nther ur uddttiunnl xccurity fnr imy ohliuntion hcmm ment�on�vi. �vi�muk�•�rimpowtionx or uthcr��rruny�rmonte�vith
<br /> debwm in relation thernto.All Truxton+ehnll tx�jointly und s��verntly ohli�ut�d�md Ix�m�d hy th��urtiunx��f th�• Hen�•fSciaw or wi��uni�ur mun•
<br /> � 1'ruetor au atet�d tn thie paru�,+ruph.
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