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<br /> pnymenC o� axiy,xen� or demagee� and upoa default �n tl�a perfo��tca o� xr�y ot�" ,
<br /> tha pro�►i�ione hereaf, Truetar agreeb to deliver euch rerA!�s and drpQsi+t• t�
<br /> Henef iciary. Dol�v�ery of wriCten notiae Qf etn,�g3ciary•a ax+eraiae �� tha
<br /> righ�W granted by Cbig paraaraph �t'HIRD to any �enaat occsupying tha Px�rty
<br /> ��� or any por�fon �}�e�reo� r�1�ia11 �e �uf�xc:3er�t te�.rccqiair� oaic� tc�uaaat to p�sy R��� �--
<br /> zerxt �o Sene�iciary until further aotice.
<br /> _ - �. If there ehall be ffled by or agaiast the Truator any petition
<br />�.`, ar proaeeding aeeking any� arrangement or compoaition or ext�naion of any
<br /> -�-�:��� other selief under or pursuant to the Federal Bankruptay Coda or aay other
<br /> �. similar statute ag 3s now or hereafter i.n aEfect, or if t�e� Truetor �ha�l� bG
<br />°=� ad�udicated bankrupt or insolvent or any of Truetor's property ehall have
<br />=�" beea eequeetered and euch decree shall have aontinued undiechaxged and
<br /> t�: unstayed F�nr 90 day� after the entry thereof, then the v�hole of thn Note aad
<br /> indebtedaess hereby eecured ahall, without notice, at the option oE the
<br />' Bene£iaiary, becoms due and payable. � '
<br /> g�,�. Upon default by TrueCor fa the paymenti nf of pe�fo�tnance of t�e -_
<br />� terma and condikion�s of CP�e Note, or any renewals, modificatione or
<br /> ex�cutione thereo�, the paymea� of any other indebtedneee secured hereby or
<br />= in the performance of any agreement, cov��a��. or �x'�'�tiY �erein contained or
<br /> cuted b
<br /> Tru�tor in conneution
<br /> ezze
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<br /> eet gorth in an a
<br /> eement or inatrumen
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<br />- hereb secured Beneficiary may declare all eume
<br /> , ,.., with the indebtedxiess y o
<br /> ��:u!� aecured hereby iaam�ediately due and payable and t�e eame ehall thereupon
<br /> �:"� become due and pa�able without presentment, demar�c8, prateet or notice of any
<br /> ,.�,47 ki3tadc. Th�eafter, Bensficiaxy may deliver to Tnast�e a written declaration
<br /> ;w;; �� oP ���aul� asid demand for aale. Truatee �4na11 have the gower vf sale of th�
<br /> ,•; �- r':� 'W i�o�,erty� :and if �eneficiary decidee the P�operty ia to be sold, i� eha21
<br /> �
<br /> �` depn�ie with Trustee thie Deed of 'iruet �nd Cl�ie Nota cr nctas aa� auuir at er =
<br /> �� ,;r, doeumeate,. evidencing expendituree secu�ed hereby, and ahall deliver to
<br /> �'- '' Truatee a v�itten notice of default and election to cause the Property to be
<br /> T �' f '' sold, ana Trustee, in turn, shall prepare a aimilar notice i.n the form
<br /> ,� �,. ,
<br /> .. . �i�'��1���{� roquired R��r law, which shall be duly filed for record by Trustee.
<br /> '.,�,;<{�,hr.r:".�`':.,.w.
<br /> , �'�":jy1:5�,:'�:� y
<br /> `;`�'�f'�`�'' }�� (a) After t&a�s la se of Buch time as may be requir�d by law following _
<br /> w;�kWr'r�11:��`:,'r�. , P
<br />_� -�'�.�.+�;r��,:,,.:•,:�`y.:' . the recordation of Notice of Default, aad no�ice of Default and Notice
<br /> � ��.�.,,_
<br /> �� '��Y*nf�;�`�;,:. of Sale having been given ae requ.ire+3 by 1aw. Truatee, without demaad on
<br /> ..�s:�n..,d.�t�.��,,�.,4�
<br /> � Truetor, shall sell the Propexty hereinbefore descxibed, and any
<br /> _;;`��,��'_�:)"�.���,'.::'`'.'.�� every part thereof, in aeparate parcels or en masse as the Truetee may
<br /> -- .:>�.�,1L'RIF'�'14Y�AS�/.:
<br /> ���,_;:,;-,�. elect and in such order as Txcistee may determine on the date and at the
<br /> �:,'�;��-,�-� • time and place de8ignated in.said Notice of 3ale, at public auction to
<br /> �;�;�;;���•��� �� the higheat bidder, the purchase price payable in cash in lawful money
<br />_ �° ' '•" • of the Uniked States at the time of saZ.�. The pereon coaduating �he
<br /> °,, f�t.r.,�,.. .
<br /> ,..�:�,.,�, .. eale may, for any cause he or she deemc� �xpedient, poatpone the eale
<br /> ,. , . :���;�;,,:':+:,�: � from time to �ime until it ehall be completeal and, in every such case,
<br /> ..,:.,,•��..s„ �
<br /> ''�rt<" � t1ot3.Ce of postponement shall be given by public declarat3on theree y _
<br /> ':!� V�'��'�� -� such person at the time and place laet appointed for the sale j provided,
<br /> `-��� "�' .. • ' . if the sale is poetponed £or longe� than one (1) day beyond the day
<br /> '�'� ,f�.','�; ' � ' designated in the Notice of Sale, nvtiae thereof shall be given in the
<br />- • "��;�:'� eame manner as the orlginal Notice of eale. Trustee ahall execute and .
<br /> :�: �'� � deliver to the purchaser its Deed conveying the property so sold, but -
<br /> �� ��� without �y covenant or warxanty, exprees or implied. The recitals i� _
<br /> " ''��.. � � :��,�':'� the Deed of any matters or facts shall be concluaive proof of the _
<br /> � �;�°�t�t�;.' ' "' truthfulaess thereof. Any pereon, including without limitation, =
<br /> ?�'���`' � Beneficiary or Truetee may purchaee at the sale. 3aid sale shall be _
<br /> ,. „::� , �.
<br /> ' ;�;"s: conducted at the real estate forming a part of the Property or at the �;.
<br /> � �� court house in the county in which the Property to be sold, or some part ��
<br /> "�� ther�of, ie situa�ed. i�
<br /> � F
<br /> ��'�" � rustee aell� urdsuant to the powers herein, Trustee sP�all
<br /> ,. (b) Whea T p
<br /> ��•� apply the proceeds of the sa�e to payment of the coats and expenses of
<br /> �__ __ _ _ exexcising the powe� of sale and of the sale, including, witk�aut
<br /> —
<br /> -- _._ t�.... ;..n.�rrnA s.rk4 nh TrilR1'P.A A fP.a�Ft
<br /> limitation, tae paymeni v� T�ue�c� o ..��� ---------• ------- ------- - - -
<br /> „' � shall not in the aggregate exceed the aum of Five Hundred and no/100th �.
<br /> �� 4` � IIollars t$500.00) plus 1/2 of l�C of the amount eecured hereby and F;-:
<br /> c
<br /> � "' remaining unpaid and then ko the itema set forth itt aubparagraph (c) of
<br /> ;; .� this paragraph FIFTH in the order theref.n stated.
<br /> ' (c) After payiag the iteme epecified in aubparagraph (b) of thie
<br /> ° paragrnph FIFTH, 3f the sale is by Truatee, ox the proper couxt and
<br /> �•� ' other costs of foreclosure and sale if sale is p�rauant to judicial
<br /> , � „ , foreclesure, the proceede of sale shall be applied in tlae order stated I
<br /> � T�. ��.:.�Y' i.
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