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<br /> �, `. , � � .1��"� �.�e�'�.s. , . •r �,
<br /> t : ` or P�rt �hereof or inte�ea� tBiesein, inarea�e . .�.�.. ;
<br /> � .:,. . � . �he iacoms therefrom or prot�ct the secutity . � _
<br /> - �� . - hereot, aad, without takfng'possessioa of the . , _ �
<br /> � . '�` � � Propert�, sne far or otheswis� collect the • � . '.. �
<br /> . . ", ` reats, .issu�s and pro�i�ke thereaf, inclndiaq . �=
<br /> •,;,., < . . _ . those past du� aad ranpafd, �ad appl� the� . , . . . .`.��
<br /> . .--- . :.-_- same, 3ess casts and expenses o€ oge�catioa . :—., ,. . :�.:
<br /> , �.• _ and collaation, includinq a��oraegt fees� upora , �y
<br /> � .<�. .:,' �. aap iadebtedaesa secured herebp, all in auc�► � � � �''�
<br /> �� ` . . � order se Beneficiary map deter.�a.ae. The � � .� . •• -
<br /> : � � `. :`• ;j- ent�riag upon and takirag posaesaion of the �, . ' .. `�
<br /> � ��-;�• �� • � trust e�tate, the aollection of euch reuts, • , � � . ���° ��a
<br /> • . • , iesues aad profits and applicatioa thereof as , . . ��"�
<br /> ' . � � . afaresai.d slaall aot cure or g,raive anp de€ault " '�'��i� �`
<br /> , .. or notice of default hereunder or invalidate . , � ...� � � ';��.
<br /> �� � any act and in responee to such default ar � � �'"'=r :--v��
<br /> � _ ��_� .�.. ...�.:: ..:�,�, �...: ..�..:
<br /> • . . • � pursuaat to such notice of default and, ' r;�.,.�=-_:_:.�. •
<br /> . � ' ': � notwithstanding the contintaance in possesaion `"�1�==�-
<br /> � of the Property or the collection, reaeip� �. ` �`���
<br /> s�.-.`.i�N.'i�+.:.`,; :
<br /> • � ' � . � � and application of reats, issues or p�ofits, �:;:� .� �
<br /> " - Trustee or Henegicia=y may be eati.tled to � ."�`'�•� �=-
<br /> ,_�. � .
<br /> . .t:;�� . � esercise evesq right provided for in anp of � '������-- --''' - �-
<br /> �- � =-=---'� -.--. .. . . .... . ._ _ _. .. . _ _-
<br /> �,. . ---
<br /> .. , : the loan instruments �os by-Taw-upni� . . —
<br /> �i �� �� � c�x` �_
<br /> . cccurrenae of any event of default, including � ---
<br /> � '.�'.� the right �to exercisa the pawer of sale; � � �
<br /> ,r ,e�,
<br /> � -. - . � (b) commence on aotion to torealose t� �� _
<br /> ; ... � ,.:�.. :� this Deed of Trnst as a mortgage, appoin� a . ,°-"--��'��.'-,-`
<br />. ` receiver, or apeci�icallg� enfarae anp of �he .�,; ,� .
<br /> _ . _ , ��:;�� conenants hereof; ? � •
<br /> . - . . :��
<br /> _ .. . __ . . ..:�;.:: ' ..
<br /> ' , (c) deliver to Trustee a �sitten decla- •�, . r
<br /> . � � .�� :, ration of default and dettand for sale, and a E ,,, :;�:;,'. �. �
<br /> � �` - writtea notice of defa�alt a�d election ta ! . .-� � .
<br /> _ d: ``��. � f%�
<br /> � cause Trusto�s interest in ths Property to , . s.�_
<br /> -� -� - -•�--• be sold, which notice Trtistee shall cause to . � � � � - --
<br /> � ' :.�� be duly filed for record in the �fficial rec- . � .'�� �
<br /> . • ords of the county in whi.ch the Property is ' • "�
<br /> � � located. . ' ,`: -.
<br /> . . . . . . � _ .. . :,.4�-
<br /> . -..• r• . �'��`
<br /> : � � 13. Foreclasure by Power of Sale. Should Eraeficiary elect � � �% � �';
<br /> . . to foreclose by exereiae of the power of sale herein contai.ned, � .��;9�: �
<br /> . . . Heneficiarg shall notify �ustee aad sha13 deposit with Truatee
<br /> ' � • _ � . thss Deed of Truat and the note and auch receipts aasl evidence of ` - . . ,��9.
<br /> � '� e�s�nditures made aacl secured hereby as Trustee a�g require, end � � � . ��;
<br /> - � ugdn requeat of th� �deneficiary, t4�e Trustee sha�.� file for rec- � •, ��`�: � ..:�>,-�
<br /> � 'ord, in the Register of Be�ds office in the Couaty where the � - �''
<br /> �►. . � . .,
<br /> .*� . � Property ia located, a natice of degault, setting forth th� aame ;. '��"` � ' .,'.�
<br /> `x .�" of the Trustor, the Hook and Page or pocument No. mf this Deed of � - ,:. � .
<br /> _. � Trust as reaorded a� said Reqfeter of 1Deeds office, the leqal de- ! � � �•`�{''
<br /> .'" � . ., scription of the �ove-described real eetate and tTnat a breach of ` . � � �
<br /> , . an oblfqation, for which eaid real estate caas commveyed as secu- �.. �� .�
<br /> '' � , rity, hae occurred, and setting forth the �eature of euch breach s:. � "
<br /> ._� •. � �_ � and the Truat�es election to sell the real estate to eatiefy the ' . . �
<br /> _ . . - obligation; and after the lapse of not leae thaa one (1) moatb, � , �
<br /> - • . � � the �rustee ahall give writtea aotiae of the time aad place of • � � �
<br /> . � eale wY�ch may bn between 9:00 a.m. aad 5:00 p.m. at the prem- � � .� � � •�
<br /> - . :;: , . ... iees, or at the CourthouAe in the County whereia auch Propeaty ie I
<br /> • � � �� located, describ3nq the Property to be sold by ita leqal descrip- � � =',
<br /> .3. � � �� �� tion, said notice to be published in a newspapor of geaeral cir- i . � �
<br /> � culatioa i.a the County wherein such Property ie loaated, once a ' "
<br /> - ► • week for ffve (5) consecutive weeks, the laet publfcation to be t
<br />--° X �� • � � at leset ten (10j daye, but not more �han thirtcy (30) day8, prior ` ,
<br />_ ''��� ' .� to the sale= and the Truetee ahall then sell said Property at the ' � '
<br /> ' . time and pla�e deaiqnated in the notice, in the manaer provided "+ . � . .
<br /> - ��.
<br /> �" by law in effeat at the �ime of filing eaid notice, at public '�
<br /> �� •� . �,,�. �� auction to the highest bidder for cash and shall deliver to �uch � `
<br /> _ � - - -. - purchaser a deed to the Property sold, coneistont wi.�h the law in ' � �, .
<br /> � effect at the time. � ! � � �
<br /> = . • � �l. . . �
<br /> '� � � . . ' � � � Upon receipt of payment ot� th� price bid, Truetea shall de- �
<br />:_� �._ . liver �o the purahaser, Truetees deed conveying the Property ' �
<br /> . -_:<�____ __�__ ._ .._ �_ . �
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