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<br /> � + � �.� rf�i�.���.��'R.���"u�����`�S.'�r�f�.�s e�f�,���.�,� � —
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<br /> - - - -- W-.r�__ ��9.�-`_s�---_ -..
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<br /> _--- . �_ . . , ' < . ' �W�`° �,���/i"!.. , , ..
<br />= -- � ' �e�e1��f �7.1.��epaid rente and alZ m�rie7Fs �l�ieb m.ay. have I�eea: osc may.ia�xeaf�e� � � -
<br /> ;'�" ,<� �e depflas�ec� w�.��i Tx�ator �y ar� lesa�e� o� �he i�oge�ty, ta e��� �Y�� . ��,.. _.- --
<br /> -- , pay�ceta� o€ any rent or dam�gee, �aad upoa a'�e�aul.t in th� pe.r���n�a�b v�.�auy o� .: ----
<br />--�� , �he p�ovisione Ixer�of, 3`rnstor agrees �ta delfver such � ats �3 d�gcae�ea •to,
<br /> :�=� aeneficiary. }�liaery of �€t�e=a netf.ce af Heaeficia�y�a e�ercte� o� -�he _..
<br /> -- gighta graated by Lhis paragrap� z°BYRD to aay �enaat ��cu��iaa� th� Piope�tiy
<br />:�:� o� an�{ portion tlaereof shall be sufffcient ta.reqr�ire aaid tertant to �g►�y a�id , -
<br /> ;.�%� se�t to �eue�Cic3.a�y u:i�il further notfce. . - .� ' -- -
<br /> ,� .
<br /> � FQ �H. If there ehall be filed by o�c agaiast the ,:�aof�or an� pet�t,.�an : ' �
<br /> - or proceedi.ng aeek�.ag any arrange�ent or composftfen or extensiou of an�� .
<br />-'�=-r� other ��lief uader or pnrs��nt te the i�ederal Bankruptcy Code or ariy other
<br /> -- • aimilar stattate as ie now or hereafter in e�Cfect, or if the 'I'ruator $hall �,� __ __
<br /> -' adjudiaated bas�krupt or insal�ent ar any of Truetor's� prag�rty akaalL have •
<br /> _--� , b�eu s�ques�er�d aad anch decree shall have continued- undischaigerl and
<br /> -�� unstayed €or 90 daya after the eatry �hereof, then the whole of th� Idote �d
<br /> -- andeb�ed,nesa he�rehy aecured aha.tl, with�ut notice, a� the aption o€ the
<br /> - Benefici.ary, h�eome due and payable. ,
<br /> -T-� �IFTH.. tJ�z�n default• by Trustor in the paymr�t of vr performance of the
<br />�°_==� terms � and coaditions of the Note, or any renewals, cnodifYCations or
<br />=- execution� thereof, tt�e payment of any other iadebteda��s �ecur�d hereby or
<br />.;_.� in the performance of any agreement, covenaat or warranty hesein contained o� - �- ---
<br /> -� . set forth ia aay► as,�reemeat or i.n�trument executed. by �rustor �ixi connectian
<br />_;�;� with the inde�.+tedneea hereby eecured, Beuef��iary tnay declare all s�
<br /> secured hereby fmmediately due aud payable ag�l. the eacne a12a�1 thereupoa
<br />-�= lascame due and payable without presentm$nt, dea��rid, prote'st or not�ae of any ` _
<br /> kind. Thereafter, Benefici�xy may delfver to Trustee a writtea declarat�.on � -
<br /> � of default and demand for eale. Tru�tee shall. have the power of sale of ich� '��'°_`µ
<br />.-`;�: P�operty aud if Beneficiary decidea �he Property fa ta be so7d, it �ha].1 __ - __
<br />, .. depoait with Trcnnstee this Deed of Truat and the Note or notes and any other —
<br />�� documents evi��aing expenditures aecured hereby, and shall delfnex to �_;
<br />� � Trustee a written noeice of default and election to cauae the Property to be • :�.-
<br /> - sold, a�d Trustes, fn turn, sha21 pr�pare a similar notice in the SE�xm '�`_
<br />`_�;,. required by la6v, which sha21 be duly fa.led for record by Tru�tes. �'�
<br /> . _ �`.
<br /> (a) After the lapse of euch time aa may be required by ].aw following • y ;;�,`�
<br />= the recozdatian of Notice of Defa�alt, and notice of Default arad E�ntiae� �:?`�`
<br /> - of Sale having been givea ae requi�ed by law, Truatee, without demauc� on ��.
<br />```�' Ta�as.tor, shall sell the Property here�nbefore desc�ra.bed, and any and . .�...
<br /> ev�ry par� t�aereof, in separate parcela or en maese as the Tzu�tee may =�: �~
<br /> ,'_�,,� elect aa�. bn �uch order ae Trustee may detesmine on the date and at the '" ��
<br /> -- - ta�e, and 'lace deaignated in said Notice of Sale, at public auction �to ���t�°'°f��
<br /> ��'�� t�.e �igk3.�� bidder, the purchase �a�ice payable in caeh in lawfuZ e�oney
<br /> J'�::��--
<br /> af the Qza��ed States at the tfine of sale. The peraon conductf�+3 th� :�' ��.,,�-��_.
<br /> eale may. €or any cause he or ohe deeme expedient, poetLsr,�ae the sale - - _
<br /> : .�.��--•--=:=-
<br /> fram time to time until it ahall be completed and, in every such case, � �-_
<br /> .natice of postponesnent shall be gi�ren by public declaration theree£ by �'��`'`.-g�
<br /> auch pereon at tlie time and place Ia�t appointed for the sale; p�ovnat._.�d, � �•, '�r�-
<br /> if the sale i9 postponed for longer Chan �one (1) day beycnd the day : �•`�'r�i�:,.:,��::'
<br /> designated .in the Notice of Sale, notiae thereof 9ha11 be given in the � � � • -
<br /> ��; same manuer as the original Notice of sale. Truetee shall execute and � . -.
<br /> deliver to the ,purch�ser ita Deed cenveying the property so sold, but • � . • ��'
<br /> withaut any covenant or warranty, express or implied. The recitals in , . , �
<br />�',�' the Deed of any mattera or facte ahall be conclueive proof of the : . , =
<br />-''~ truthEuZnees: thereof. Any peraon, including without limitation, . . • =,
<br /> '�=' Benef3ciary or Truatee r�ay purchase at the eale. Said eale ahall be -
<br />'���: aonducted at the real estate forming a part of the Property or at the • � ,
<br />`;;;�,' court house in the couuty in whioh the Property to be sold, or some part : ,
<br /> � ther�of, fa situated. . -
<br /> .Y:� � �'
<br /> - {b) When Truatee eells pureuant to `the pawera herein, Truetee ahall . .
<br /> - apply the proceed� of the sale to paymen� of the coste and expeases of • . � �'
<br />-- exerciaing the power o� sale and oE the oale, including, without . ' �
<br /> = lfmitation, the payment of Truatee�s geee incurred, which Truatee's feee �
<br /> � ehall not in the aggregate exceed the aum af Ffve Hundred and no/100th ' � �
<br /> - Dol2ara ($500.00) . plua 1/2 of 1� o£ the amount aecured hereby �nd � ��.
<br />= remaining uapaid and then to the ftems set £orth.in eubparagraph (c) of � l� .
<br /> :=:�' this paragraph PIPTH in ehe order therein atated. � �'�`
<br /> (C) Af�er payi�g the itema epeciffed fn �ubparagraph (b) o� tl�is , � ,
<br /> .� , paragr�ph FIFTH, if the eale ie by Truatee, or the proper covrt anc� � . . . ,
<br /> . . . . . �� �
<br />�::. �
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