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<br /> I�ca �c?r��_--�
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<br /> _��U.=':"...'.:.'� (al There hae bean a defaui� by the �°-� "`- -._
<br /> :�,..�..,.: :< ....
<br /> � Truetor in the payment of any prfor or aubse- �:�,�;�L.�_�-__
<br /> - quent liea or enaumbranae in reapeot to all ;,�;.�rv:c..r�;�;;�'�s
<br /> � or any part �f the property� . ,��_:��.r__�
<br /> � -,;�st:-.-.,�_.�_�_,.
<br /> . � � o° . (cl) Ta��tox aha1�. �i].e a vmluntarx � -
<br /> ' �. ._�.=�v �::�'�,,.
<br /> ° - pstition in bankzuptay or shall ba ad judi- .�,,�'��;,�,��-=
<br /> �;; cated bankrupt or 3nsolvet��, art eha12 make un _ ; ;;---.:�-w:,:� -
<br /> assiqtuaent for the benefit af creditora in ~ '"� '��`��:' —
<br /> ° respeat to the property= or an action to a, � ��'� �'.� yg�s�=.-=
<br /> enfarce any lien or encumbrance or �udgments �. ' . � ��, ,:,�
<br /> againat the property is commenced. '"• �" ' "��' `'.''��_ _
<br /> . �j«n«�1..!.�;�`�a�Y,�...�',.:s
<br /> 11. Acceleratian U on Default. In the eveat of any deEault, �w;� ��'�'"'.,��.;'�.:':.
<br /> - � : :=
<br /> Beneficiary m.ay deczare all nde tedness secured hereby to be due � � .'t�;,,;,-.:_,.��
<br /> • � and payablep aud tc.t�� same shall thereupon be�om� due and payable ���-'r.•� ���u
<br /> withmut �a�y ��'esen��ni�, demand, protest or notfae of any kind. :'%°� : ��1��
<br /> � ---�� --
<br /> �'4�esea�$es, 1�2nQfici� may: � .•�--
<br /> , .. .._ . ":�.��,.�--
<br /> , . ta) either in gersoa os Yr�r ac�ea�, with . . $���";.��
<br /> � , or without bringing �rcy ac�fon �� ymraceeding, ^ , e ��-�=.��
<br /> or by recefver appointed by a cour� aazd with- � �� �..,���
<br /> out reqard to the adequacy of any seauritg, ,: '�' -
<br /> :='=w.�
<br /> , enter upon and take possession of the pxo�- . "��,y::�"'"
<br /> � erty, or any part thereof, in its own naiue or �-���
<br /> � in the name of the Trustee, and dm aazy acts •�
<br /> ��'�`? wh�.ch it deems necessary and des�xakale to � `�'
<br /> � :,:,
<br /> .���tit,�� preserve the value, marketa}aility or rentT
<br /> �:;.' � � :ability of the property, or �art theseof a�r •
<br /> -.±"). `', 4�&+a 'nn ma �'1PT'P.� , •
<br /> _ _-. ,. � ir�tarest thar�in, increase ,..... a..._�_.- t--:
<br /> �;ry'�� ir
<br /> .,ti:,;;' fro�n or protect the security h�r�of and, , ��
<br /> with�out taking possession of the p�roperty, ,
<br /> sue for or otherwise coll�c� the rents, ;:. '
<br /> issues and profits thereof o in�luding those , ,
<br /> past due and unpaid, and app�y the same, less � '
<br /> � costs and expenses of operat3on arad collec- "���
<br /> tiori, including attorney fees, u�ora any . :
<br /> indebtedness secured hereby, all i� such • E
<br /> order as Beneficiary may determine. The � '.'���
<br /> entering upon and taking possession of the j'�' °
<br /> r",
<br /> trust estate, the collection of such rents, i �� -
<br /> issues and profits and application thereof as ;
<br /> aforesaid shall not cure or waive any default I -_
<br /> or notice of default hereund�r or invalidate
<br /> any act and in response to such d efault or
<br /> ..,,.. puxsuant to such rotice of default and, not- . .
<br /> <:;;��, withstanding the continuance in possession of .'�,:''� �
<br /> �;:.:,,, the property or the collection, r�ceipt and j'' '
<br /> �' ' application o£ rents, issues or profits,
<br /> r'I�.'i`,, �'•�� Trustee or 1Beneficiary may be entitled to
<br /> `�'����� • t exercise every right provided for in any of
<br /> • � � tr.e loan instruments or by law upon occur-
<br /> re�ac� of any event of default, inc luding the
<br /> right to exercise the po�ter oF sale;
<br /> (b) commencP an action to foreclose
<br /> thz� Deed of Trust as a mortgage, appoint a �
<br /> rec�iver, or specifically enforce ar,y of the
<br /> covenants hereof; •
<br /> (c) deliver to Trus�ce a wr�.t�er. '
<br /> declaration of deE'a.ult a.^.d demand ro� sale,
<br /> anc� a written notnc� of default ar�d �lection
<br /> tn �a���P Trustor'� interest in th� property
<br /> to be sold, which notice Trustee shall cae�se
<br /> to be duly file8 for record in th� official
<br /> records of the county in which th� property
<br /> is located.
<br /> i 12. Foreclosure by Power of Sale. Should Beneficiary elect
<br /> � to foreclose by exercise of the power of sale herein contained,
<br /> Beneficiary shall notify Trustee and shalt deposit with Trustee
<br /> this Deed of Trust and the note and such receipts and evidence of
<br /> ' expenditures made and secured hereby as Trustee may require, and
<br /> �
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