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<br /> �hich it deeme neceeeary or deeirable to preserve ehe value, markotability or
<br /> reraeability ot the Truet Betate, or �art thexeo! or ineerest theretn, fncreeee
<br /> �� the incorne therePron or protenE the setsuriGy horeof, and a�th or withaut ta�king -�
<br /> poeeee�ion ot the �'rust 8etnta, aue !or or ot.herNiae collect �ha seaee, igeuea
<br /> .,7��� and �rolite thereoE, inciudiag ehoee paet due end unpaid, en� apply the eamo, :-__.
<br /> �"`'�`::''°�°'�""' ior►o coa�a aa6 expenses of opera�ion and colleetion, inciuding ct�ozney•e ¢eee, `� �
<br /> �s" upon any indebtedness eecure4 hereby, all in such order ae Benefiaiary me�y
<br /> ,:,?�; ,s••. detennine. The eneering upon and taking pooeeaeion of the Truot Retaee, the —�-
<br /> - �,,�.x.-,,;;� collection oP euch reate. iaeuee arid proPite and the appiicatfon thereof as �t_
<br /> ; �+y.•c��� etoseeaid, ehali not cuse or �nsive er►y defnuit or r.otice of defauli hereuader or
<br /> .f. •_, 3nvalidette any act done ia reeponse to euch Qefault or pureuarit to euch notice
<br /> .. ... t.T�:��..�' ..�_.��. 1 �.
<br /> y�,�...�.�..,�,;;�L� of default arid� aotrithetanding the aontinuance in pneseseion of the Truet Sgtete �°_
<br /> � •� •��_•�•� ••�•�� •�=� or tbe aollection, receipt and applicatioa of rents, ieauee or proiits, Truotco =
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<br /> - — -•°; �;,�::.:� -� or Hene£3oiary ehall be entitled to exerciae eve ri ht °--
<br /> /+ � % , ._;,� ry g psovicied for in any af
<br /> '„��';;; '�; ,., .r the Loan Inetrumente or Ltiy lt�a upon occursence of Any event af default, includiag _�__
<br /> � ,.,:•^�� .'` � �. Lhe right to exerciae khe power of eale; �..
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<br /> , � • ;,.: (b? Caamence an actioa ta foreclose this Daed of Truet ae a mortgage. �
<br /> '' ��...;a+ appoint a receiver, or epecifically eaPorce any of Che covenarite herROPt �i"�
<br /> ��� ' ���.:
<br /> � --. .;-�a. (c? Dsliver to Truatoa u writton docinration of default and demand far
<br /> " � �� sale, and a ovs�itten notice of default and election to cauae Truetor�e interest
<br /> _�•':• �'���� _' , in the Trust Bataee to be eold, which aotice Truete►e ehail cauee to be duly filed
<br /> ." fFox record in the appropziata Official Recorde of the County ia ahich the Trust �•
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<br /> Batate ie located. �
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<br /> ° 11. k'ORBCL03IIRB SY POWBR OF SAT.S. Shouid Beneficiary elact to foreclose
<br /> ;� „ � ' by exescise of the Poaer of 9ale herein contained, Beneficiary ehall notify ��
<br /> Trustee an8 ehall depoait aith Trustee thie Deed of Truet and the Note aad euch �
<br /> , receipte and evidence of expenditures made aad aecured hereby as Truetee may
<br /> reguire.
<br /> (a) Upon zeceipt of such notice Prom 8eneficiary, Truatee shai's cause to
<br /> , � be recorded, publiahed and delivesed to Trustos such Notice of DeFault and Natice
<br /> of Sale ae'�then re ired b la�v aiad �
<br /> ' , qu y by thia Deed of Truet. Truatee eheil,
<br /> " without demend on Trustor, after euch time ae may then be required by law and .
<br /> � . after recordatioa oP euch Notice og Defaoult and aFter Notice of 3ale having been
<br /> given as requir�d by law, eell the Truet Sstate at the time and place oE sale
<br /> � f3xed by it in euch Notice of Sale, either ae a ahole, or in �eparate lots or '
<br /> ' �� pascele os items as Truatee shall deem expe8ient, end in auch order ae it may
<br /> �s determfne. at public auction to the highast bi8der for cash, in lawful money of
<br /> �� the United States, payable at the time of eale. Trustee ehall deliver to auch
<br /> ,, purchaser or purchaeere thereof, its good and aufficient deed or deede, conveying
<br /> the properry eo sold. but aithout any covenant or warranty, exprese or implied.
<br /> - ; The recitale in such deed of amr mattere or Facts ehall be conrlueive proo£ of
<br /> , ' the truthfulneae thereof. Any peraon, inciudiag, without limitation, Trustor,
<br /> - ' Truetee, and Beaeficiary, may purchase at each eale, and Tzustor hereby covenants
<br /> . U to warreat and defend the title of such purchaser or purchasers.
<br /> •�• ., (b) Ae may be permitted by laa, after deducting all costg, feea, expensea
<br /> •� - "' - oF Tzuatee and af thie Trust� including coste oP evidence of title in connectian �
<br /> _ wi�h sale, Trustee ehall apply the proceede of sale to peyment of li) all eums '
<br /> ,� expended under the terms hereof, not then repaid, �ith accrued interest at twelve
<br /> ': :.f; . � t124) pereent per annum, tiil ali other mume then secured hereby, and tifi) the ��
<br /> ,;;:ri ;% remaiader, if ariy, to the pereon or peroons legally entitled thereto. •
<br /> ,�+ti j� '°'��" tc) Trustee mAy, in the manner provided by lasv, poatpone sa�le of all or
<br /> .�{����'t�M1 . � .
<br /> . ••�r� � any portion of the Truet 8etate.
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<br /> , . 12. �2�DZBS N4T BxCLVSaVB. Trustee and SeneficiaYy, and eac3n of them, ,
<br /> ������� ` shall be entitled to enforce payment and performance of any fndebtedneas or '
<br /> . obligatione eecured hereby and to exercige all rfghts and pomers under thie Deed
<br /> .} of Trust or under any Loan Iasirument ar other agreemeat or any lawa now or
<br /> ! }� herea£ter in forre, notwithstanding eame or ail of the euch indebtedneee and
<br /> j " ° • oblfgatione secured hereby may noao or hereafter be otheraise aecured, whether by
<br /> �� mortgage, fleed of truet, pledge, lie�n, assignertent or otherwise. Neithez tha I
<br /> acceptance of thie Deed of Trust aor ite enforcement �hether by court action or
<br /> � � pursuar►t to the power of eale or othos por�ere hesein contained, ahall prejudice `
<br /> -- • oz in any manner aff�ct Truetee•s oz 8eneficiary•s right to realise upon or I
<br /> enforce any other �security aop or hereafter held by Truatee or Beneficiary, it
<br /> � �'�• � being agreed that Truetee and Seneficia
<br /> ry. and each of them, ahaii be enritled �'
<br /> F. to enforae t�ig Deed of Trust and any other security nova or hezeafter held by �
<br /> � � � Beneficiary or Trustee, in aurh order and manner as they or either oE them mey i
<br /> Y;��r� - ° - � fn Cheir ebsolute discretion detezmine. No remedy herein conferred upon or ,
<br /> Y@SeTVC3� t0 �Ylf6tAA A1' Aat1A��f+�AYV �a in*onAnii tn hn ovnt��eivc .vi n ..�h�...
<br /> .� ., remedy herein or by laa pzovided oi pe:mitted, but each shall be cumulative�and
<br /> - shall be in addition to every other remedy given hereunder or aow or hereafCer
<br /> " , ' � existing at law or in equity or by 8tatute. 8very pomes or remedy given by any
<br />_ �, � - of the Loan ingtrutnente to Truetee or Sesieficiasy or to ahich either of them may
<br /> . � be othezafse entitied, may be exercised, cvncurrently or independently, from time '
<br /> � " to tia�e, end ae often ae may be deemed expedient by Truetee or Beneficiary; end
<br /> �� either of them may pursue inconeistent remedies. Nothing herein ehali be
<br /> � � conetrued as prohibitfng Beneficiary from eeeking a deffciency judgment againet
<br /> � � ., the Truetor to the extent euch action is permitted by law.
<br />�� � .,
<br /> •- - • 13. RSOU83T �9 NOT2C8. Truetor hereby requeets a copy of r�ny notice of
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