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<br /> �� �� � � without warranty,the properly then held heteunder.The recitals in such reconveyance , _ .;.__
<br /> _ - � � • of any matter� o# fact shall be condusfve proof of the truthfutrtess ti�eereof. The' � � ; •_��
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<br /> . . � grantee in such reconveyance may 6e designated as "the person or per5ons tegally � , . ;.�L
<br /> . . � � entitied thereto:' Such request and reconveyance shali operate as a reassignment of . '�w � ,
<br /> = • . - the rents,income,iss�es and profits hereinbefore assigned to BENEFICIARY. ��_ . � .- -,.� �•. , '�,��� �.
<br /> �' 11. Rig.ht to Coile and Receive Re ts and Profi�: Notwithstanding ` `. ` ; r�;��`���;
<br /> • any other provisions hereof,BENEFICIARY hereby grants perm�ssian to TRUSTOR to . , . �,� __� y�
<br /> � coltect and retain the fents, income, issues and profits of SUCFi PROP�RTY as they ` � t���•:
<br /> �- -z� ��� �� become due and payabEe, but reserves t he rig h t t o revo ke su�h p e r m i s s i o n a t a n y ".���.._T:_=
<br /> � � time, with our without cause. by notice in writing to TRUSTOR, maited to `� �s.`.�
<br /> ` - � � • � TRUSTQR at his last known address. In any event, such permission to TFZUSTOR �'
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<br /> ' � ; �. . automaticafly,shalh be revotced upon default by MAKER or TRUS]'OR in..payment.of . .:._ _.. :��_`. ��=:,;�:T�
<br /> . ' any indebtedaess secured hereby or�n th�performance of any agreement hereunder. ' �.,•�.•'�.,�..;-
<br /> '. : . � On any such ctefau(t. BENEFICIARY may at any time without nouce. e�ther in person, � ; ���;�'�-
<br /> � by ageirt, or by any receiver ap�ointed by any Coud, and without regard to the �•�. ��•._�
<br /> - adequacy of arry securtty far the ir�debtedness secured hereby, enter upon antl taEce �� �`� � �'g----
<br /> � . � . . possess�on of SUCH PROPERTY, or any part thereof, make, rancel, enforce or _ • #.
<br /> � � � . . modify leases;obtain and e�ect tenants, set or modify rents; in its own name sue or g y �`��� _,��,
<br /> � �• othervuise col[ect the rea��, income� issues and profits thereof, inetuding those past �_; •_ "'� � :�,
<br /> �� � � � due and unpaid; and ���:y the same, less e�sts and expenses af operation and ; �: . , -
<br /> ° collection, mcluding re�s�onabte attomey's f�es� upon any ind�tedrtess secured � ": .
<br /> � hereby artd in ss�ch crder as BENEFICIARY may detennme; and except for such �, , ':'
<br /> � application, BE4�EFICIARY shall not be liabte to any��r�on for the coilec�ion or non- �.;��_, '
<br /> �� � ` col[ection of any rents, income, issues or pro�ts. for t�A fiailure to assert or enforce - _.
<br /> - � � � � any of the foregoirtg Rghts, nor shall BENEFICIA�tY be charged with any of the duties � _ _
<br /> an d o 6 lig a tions o f a m o rt g a g e e i n p o s s e s s i o n. T h e e n t e ri n g u p o n a n d t a K i n g , ��� ..
<br /> �� , � ; possession of SUCH PROPERTY, the collection of such rents. income, issues or . . • .
<br /> ' profits, the doing of other acts herein authorized. and the application tftereof as ���: .
<br /> �- . aforesa�d, shali not cure or waive any default or Ra�r.e of default hereunder or �•� ,� -� -
<br /> invalidate any act done �c:rsuant to such noi�ce. �'`��
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<br /> � � � • � 12. TRUSTE 'S Sale on Default Upon default by MAKER ar TRUSTOR in :���; �
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<br />.� ` ' payment of ar� indebtedness secured hereby or m �aeeformance of any ag�rnent . � �� ,�� .;�
<br /> � �. � hereunder. a�a�� agreement secured hereby� BEiVEFt�IARY may declare a11 sums '� °r ,.,.':����
<br /> . , secured hereby irnmediatefy due and paya b le art d s ha i l cause to be fi l e d o r �e c o r d a � , ,�; � ,
<br /> � . written rtotice of default and election to setl SUCH PRQPERTY. After the lapse of '�..:.�=•s_
<br /> � ' . such time as then�may be requi�ed by law following recordation of such notice of �, `•`�?�;._,.�;�;
<br />=''j`•_ _ • default, and rtatice of saie having be�n given as then reqwred by law, TRUSTEE, •�►:.� .�. . -:_�-
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<br /> w�titout demand on TRUSTOR, shali sell SUCH PROPERTY, either as a whole ar in . . _ .�
<br /> � ,� � � � separate parcels, and in such order as BENEFICIARY may determine at public � �.
<br /> . . rtion � . . . .
<br /> _" ; _ � auction to the highest t�idder. TRUSTEE may postpone the sale ��all ar any po , r� �
<br /> . � � of SUCH PROPERTV by publia announcement at the time and place of safe, and 5 �'
<br /> k � � • from time to time thereafter may postpone the sale bg�public announcement at the ?�. . ' _#
<br />- ; ` time and pEac� fixed by the preceding postponemerrt. TRUSTEE shali deUver to ; � �.;::�
<br /> , � � � such purchase its deed conveying the propetty so sc'd, but without any covenant or r � , �
<br /> _,. �• � � .� warranty, express or implied. The recital ir� such deed of any matters of fact or � �
<br /> - � `'' � otherwise shall be conclusive proof of the truthfulness thereaf. Any person irtcluding � � `�.�:
<br /> � � TRUSTOR, TRUSTEE or BENEFICIARY, may purc��hase at such sale. After
<br />=- �- deductirtg aii costs� fees and expenses of TRUSTEE, and of this TNSt, including f �' . _�;t
<br />- cos t o f evi de nce e f t i t t e i n c o n n e c t i o n w i t h s u c h s a l e, T R U S T E E s h a l l f i r s t a p p l y t h e � �,; ��
<br />:_== � . . proceeds,of sale to payment of all sums exRended urtder the terms hereof, not then , :,,..
<br />- .j ; . • repaid,with accrued iMerest at the rate then paya6te under the note o�nates secured � . ��. .R
<br /> � �. � �_ hereby, and then to payment of all other sums secured hereby, and if thereafter � r
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