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<br /> �, iU�;rr��c?::��i!It efi�a�y o�tic�cavcnls�Qs Qr catt3telos��c�f ci�is i�r�tn�m�nt oY of thc aflte cr flo�n a�n:�raer.s r,��tir4tl � �r�^"��'�•'
<br /> li�,c�y�tOsv�;�,6�ei�,��ovE�io a�:��it3 fill}/1'!It{10�t[IAfIC6�(?ittl�>1it�eout r�La���l to Biie ndcqe^cy of e�st!�ity�ur thv i�zc!:yt��?x*.��z , :�-
<br /> x � securcd,elthsr pes�sonally orl�y attonsey or agent without brii�ging sny sctlon oY proc:eed3vg,or b�►u�gcelver to ih,ttppaiutcd . , fk.�-� _--
<br /> r`F,'�„ . ,.�:�.,��. b y ti�o cauet,enter upon tu�i t�lce passesstun of said prop�rcy or any pr�rt thenof,and do uny acts whicii�eneficlt�ry deems .:�- � - - ---
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<br /> "�•°�a�r` pr�er W protat 1bo se.curity luraof,xa�d eiWer with or wlthout t�IdQg possession af�saic�property.call�ct and re�ive U�e �,�.: __�_,:�_.—_.
<br />_-'-�--�'�'".,�:.. � rents,royalde.9,i�sues,n��d pmfits thereof, lnciuding[ec�ts s�cn�ed and unpatd��txl apply the sam�. less costa of operetion ;-�,;,.,_�.
<br /> ���, {s�,;� and cotlecaon.upon tiie iaxle6tcii;�ess se�ur�ci b�Qsis t1;;;.il o�T��s3,salti rcnt�.roynlde�.ISSt!C9�nm1 profits,beir�g 1�ereby � .,' s`-'=-
<br /> �� .. ,_.; assigc�ed ro the Ben�ficluy�s further socurity for the paytnent of b�ucU indeUtedness. Raercisa of dghta undec rLis par�gty�h � � ' _
<br />- "` sHxll i�at cure ar wAive Any default or nodce of dzfault hereuixlcr or inval�date any act cione pursuant to cuch nodc�bue shall - � ii-'-��
<br />=- . .. . � • 6e cumulddve to nny right uxl oemedy to declarc a default aacf to c�use aottce of def�ult to be recordod as herelnatter . :� r������.--
<br />: . , providcd, and cumulaSlve to nny other right u�xl/or remedy l�enunder. or provided by law, ansl may be exercised '.,.�., . �-,�:._
<br /> - " concamendy ar independently. Bapenses incuired by Beneficiary herewider inclading rcasonab9e attoruey's fees shall be :,';�-��--
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<br />, � . secured hereby. . � _Y�!,ML__-_.
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<br /> � " 4. 'ltie 1Yustor covenanYs aad agrees that if he shall fa31 to pay said indebtedness.or swy part thereaf,when clue, ,r�,. _:::-._'
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<br /> ' �� " ` or shaU fail w perform any covenant or agreeffient of this tnsmimeut or of the promissory aate secured hereby. the endre . ..�.__.,
<br /> iadebtedness hereby secured shall immedIntely become due. payable, wd collecdble at the opdan of the BeneSciary or " " �':f;'�'�'=
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<br />- assigas.regardless of maturity.and the HeneSeiary or essigas may eater upon said property and coliect tLe rents and profits __''`�'�
<br />':;1t- ' u?� t6ereof. Upon such default in payment or perfom�ance.and before or after such ensry.tLc Trustee. acdng in the eaecution
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<br /> . �� - ' �;s' af this Tiust,aRer the aodce of default has been cecorded, shall malf a rapy of the default to eacF�petsou w5o is a garty "�»-A--
<br /> �,`;:�-,; .. . to ttvs insttumeat,at We addmss set out in tLis instrument,as well as to any person who has requested any nadce uf default >�,::'
<br /> an�l nodce of sale hy reconiing said reguest for aodce with tl�e r�Ristee of deeds in t�e county[n vrhich this insm►ment is ��s'=�� ---
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<br /> recoided,and af3er the lapse of tima which is i�quired by law after mailing the noace,die Txustee shnt!have the wer to . .r:•:•"`-`
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<br /> t3' P 1�n7+(and ia case of au j.'".-.�.�
<br /> se1! sai�property,nnd it shall be We Trustee's du ro sell sald m y defnult uf any purchnser, to �.,�.Q.��..,.��:._.
<br /> • ;, resell)at publlc aucdon,w the tugLest bidder.fixst giving f ve weeks'nodce of the tiu3e,tem�s.azxl place of s��ah�ule.Uy ' � ; ',: . ,, ;:::.�;�;i=:
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<br /> � ° adverdsemeni not less than once duxing each of said five weeks Iu a uewspaper publiahed or distributed In t�e county or , �'..'� ��,
<br /> � � • polidc.11 eu6divlsion in which said�raperty Is situated.and written notice of sale shall be malled to aach person who is a � '�'{:�r?�;:�- _
<br /> �. � party to thia iastnunent at the address set focth herein,(and the Beneficia�y or any person on b e h a l f o f t he Hene Bc iary may : :_�4��
<br /> - • bid and Parc6ase at such sale).Such sale will be held at a suitable place w he selected by the Beneflclary widila said county ,;_. ,{',,.,•.. ,,,-
<br /> " or political subdivision. The Ttustee is hereby authartzed to eaccuce and deliver to tLe purchaser at such sale a sufficient .,.: .��� �• �
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<br /> , _ conveyance of said property,which conveyance sdail contain recstais as co che bappcning oc uc�uuuii ui,�;u w�c�i�����..�t•-iiaB ,,� . i
<br /> , � � of tLe power of sale henin granted depends;and the sald Tnutor bereby consdtutes and uppoints the'IYustee a.s his agent � ,. .��.•r
<br /> end attomey in fact to make such recitals and to eaecuce said conveyancs and hereby covenants aafJ n�es t1�at the recitals :', � �
<br /> �� so made svall be b3nding and conclusive upon ahe Ttustor.and said conveyance shall be effi,cWal to bar all equiYy or dght �`- �'+i'�
<br /> of redempdoa, homestead. dower,rip,ht of appraIsement, and aA ut�er dghts and exempdong of tbe Tzustor all of which ;•�::,��i�^�
<br /> �• ' are l�ereby eapressly waived and conveyed ro We Trustee. In tl�e event of a sale as hereinabove provided, the Trustor or r;�•.�
<br /> ' any person in possessiou under the Tcustor,�hall then trecome and be tenants holdlag over and shall forthwith deliver �t
<br /> „ possessIon to the purchaser at such sale or be summadly dlspossessed.in accordance�vith the pmvesions of law appli�able �'�`' .
<br /> . t aants ho101n over. The wer and a ency herevy gcanted are coupled with an interest and ace uzevocable by death I ,,,;�"
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<br /> or ot�envise,and nre granted as cuniuladve to all other cemedles for coAecaon of said indebtedness. The Beneflciary or l - ,� - r
<br /> . pss;gr�may taice any other appropriate acdon pursuant to state or Federal statut� either in s7ate or Federal c:ourt or i , �' +� � �
<br /> '� , otlxnvise for ihe dtspustdon of tbe property. I ,' ���;�;;�
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<br /> � 5. In the event of a sale as provided in puagrapL 4,tl�e Tiustee s6a11 be paid a fee by the He�zficiary in an I .. ,;^,,�'` �� :
<br /> „ amount not inxcess of 0 Peccent of the gross amount of said sale qr sales.pmvided.�owever.that the amaunt of such fee , ��
<br /> ' st�aa(1 be eeasonable az�d shall be a�proved by the Beueficiary as eo masonableness. Said fee shall be in addiaon to the costs I �
<br /> 1
<br /> � � and eapenses incumed,by the T�ustee in conducdng such sale. '[�e amount of suc6 costs and expenses shall be deducted � � -
<br /> � and paid from ti�e sate's proceeds. It is further agr�d that if said propeny st�all f�e advectised foz sale as tiemin Prov�ded � -
<br /> , and not sold.the Tcustee shall be endded to a reasonable f�e, in an amount acceptable w tbe Bene�ciary for the senrioes , ;
<br /> _ ' • renderetl. 'Ibe Tiustee shall also be reimbursed by the Benefici�ary for all costs and eapenses inc�rred in cormection with Ta� •
<br /> � ,'�;� ,� the advertising of said property for sale if the sale is not conR„�mated, i. • i
<br /> .,;> �
<br /> • � � G. The pznceods of any sale of said property i�accordance wieh paragrnph 4 shall be aaptied fust to paynnents , •
<br /> ��':��- ` of fees, costs. and expenses of satd sale, the expenses incurred by the Beneficiary for the pncpose of protecdng or ' �
<br /> . maintainiug said propenY and reasaaable anoineys' fees; secondly, to paynient of the indebtedness secured hereby; :tnd
<br /> � ' t�irdly.to p�1y any surpins or eacess ro the person or persvn� le�ally endded thereto. I
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<br /> ,.� 7. I� s�e event said ptoperty is sold pursuant to t�e authorizltion contained in this iusmrment ot at a judicial �
<br /> foreclosu�e�e aacl the pnocoeds are not suf�ctent to pay ttae total inciebtedness secured by this instcument and evidenced
<br /> �" by said pmmissary note�th=Beneficiary wiq be entitled to a de6ciency judgernent for the amount of the def cieaty withotit
<br /> ;•, cegard to appraiseonent. the'fcusrot Uaving waived and assigned all rights of appraisemeut ro ttte Ttustee.
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