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<br />�. _....F� �.�a �.t��.�.�� :s:
<br /> � t..�
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<br /> ...,;�;� (a) eitcher in peraon ox ioy ng�nt, with �__ -
<br /> --+� or �ai�hout bxinging any aatiom os� p�oceedinc�,
<br /> ---��°:;;� or by recaivor appcl.nted by a aoui t an d wi t h- ��R,
<br /> - out reg+a►rd to the adaqua�:y o£ auy� �:ecuri�y� � �
<br /> ----- an�ex upon aad taka }xa�sasefon of the proP- �
<br /> --� nrty, ox any par� thexecf, an i�e own nnm4 oa _
<br /> �� in tha name of the Truetoe, and do any acte
<br /> _---__= which it deems neaeeeary and desire►ble to -
<br /> -��� preserve the value, marketabili�y or rent-
<br />�=�_ ability of the proper�y, �Y part thereaf or �
<br />-_,w�.�;,��- intereat therein, increr►ae the income �here-
<br /> =��k,t� from or nrotect the security hereof, and,
<br /> ___:�;� without taking �aoeeo�eion of the property,
<br /> ----° sue fox or otherwiee c.o].lect the rente, ie- .
<br /> �� sues end prc�f.ts thereof, includi.ng thoae
<br /> __--_- pm�t due and unpnid, and app].y the same, lesa
<br /> y==�.-� coetB and ex�enees of operation anc� collec-
<br /> _- -- tion, i�xaludinq attorney fees, upon any in-
<br />`''�'''��"_,� debtedne�B secure.d h�reb�►, all in au�h order
<br /> `-�`�"'�� as 8eneffaiary ma�p determine. The enter3.ng
<br /> :.�•.��`�.w�.� upon anci taking poesee�ion af tk�e trust �3- ��-- -
<br />=���s tatP, the colleation of euah renteo iesues
<br />•.i:3''..
<br />_:;�'�� and protite and appli.cation thereof ae a or.e-
<br /> s=� �aid staall not cuse or waive any default or
<br /> �.
<br /> �._;-°� notice of default hereundas or invalidate any _
<br /> ,�,.,.
<br /> ;,,,�f.-t� act and in reeponse to euch d�fault or purau-
<br /> ""`Y ant to such notice of defauAt and, notwith-
<br /> ��->»:� stanc.tng �he continuance in poesession o� tne
<br /> ':=;:-"�i£ property or the aollection, receipt and ap-
<br /> . .�,.. -
<br /> .,,,s,,;f�•, p1i.Gati.on of rents, issues or prof its, Trus- ___
<br />,,:,�.�.?�.a,-� tee or Beneficiary may be entitled to exer- __-
<br />-;�;;;,'��; cise every right provided for in any of the
<br /> u-;��� loan inetrumente or by law upon occurrencfl of _-
<br />:��;�r�'�r�y� any event oE defAUlt, incZudinq the riqht ta ,
<br />'.;���--�°t,�er� exesci�e the power of eale; =�=
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<br />_L:. "�"`..�i:'� �o
<br />_'��'`_-� (b) commence on action to fnrecloee R:
<br /> �''�`�-'�.,._;� thie Deed of Trust as a mortgaqe, appoint a �:�_
<br /> �,:,n,.
<br /> -_-_:_� receives, or epQCifically enforce any of. the e��
<br /> PY���,;�:_�g covenante herQOf; t�?.
<br /> _ '.�.......y� i���Y-.
<br />_'-�'`•:_l�c9 l��;'!..
<br /> ��%�'�+►� (c) deliver to Truatee a written decl�� �_:�
<br /> -=�+:% ration of default and demand for sale, and a
<br />`"���•�r�' written notice of default and election to ..
<br />:::�;�.:;` cause Trustor'o interesL• in the property to •
<br /> -"- - be sold, which no�ic� Truetee shall �ause to ��;,.i:�
<br />:�r�':°� be duly filed fos record in the official rec-
<br /> --'�'� orda of the county in which the property is �
<br />'--�� loca�ked..
<br />--'a�''':�-;i$�
<br /> a:::�w�ac-�u�
<br />`=''�-�:' Shorsld Benef iciary elect �
<br /> � 13. T'�reclosure hy Po���r of Sale.
<br />'':=��� to foreclose by exerciso of the power of sale herein contaitted, .
<br /> w,4w.�.�.
<br /> .-;,���� a, Bc3n�ficiary ehall no�iiy Trustee and shall depoeit with Trusteo �
<br /> �:Y�''"rt''�,;np" this Deed of Trust and the n�te and s�nch receipts and evidence af �
<br /> ,.;�. .�.,,�,. �
<br />;,.�;���� expenditurea made and eecured 'nerel�y ae Truetee may require, and
<br /> �--,..
<br />�_;t��,t,�-4 upon requ�at of the Benpfici.ary, the Trustee sha].1 fi.le for rec- I
<br />:�:�:�. ,; ord, in the Register of Deeds office in the County where the �
<br />'--`�'' ro ert ie located, a notice of defaul.t, setting forth the name �
<br /> :; �� P P Y
<br /> �:;�, of the Trustor, the Book and Paqe or pocument No. of this Deed of
<br /> `s�'=r� Trust as recorde3 in said Regieter of Deede office, the legal de-
<br />=--=`�'-- ar_rintiori nf the above-described seal estate and that a b�each of
<br /> ��_;�- an obliqation, for which said real eatate was conveyed aA secu- ;
<br /> r.a.ty, haa occurrEd, �nd setting forth the nature of such breach I
<br /> =��=��a=_:� and thc� Truatee's election to seii the real astate tc� e�c��.ie�iy �n� '
<br /> '=�.�?`',� oUl�.gation; aad after the lapse of not lesa than ona (1) month,
<br />''_`��►�=°M, the Trus��e sha11 give written no�ice of the time and place of
<br /> �-,°^��Z�. . - sale which may be between 9:uu a.m. ana �:uv" N.�. a� �►•.� r�cu�- �
<br />-"�"''�"'y��� ised, or at the Caurthuuse in the CounL-p wherein ouc�a prop�srty ie
<br />:__,.�,�T..., .
<br /> . ;�.;
<br />-~j�.a ;,��-�, locatad, describ�i.ng the property to be sold by i�s legal descrip-
<br /> - `�'•�`' tion, vaid notcice to ba published in a newspa�er of general cir-
<br />=-�'-�'3�:;,.�y aulatian in th� Connty wher�in s�ch property is 7.ocated, vnce a
<br /> - -� week for fivd (5) conseautive weoks, the laet pub].ication �o b� .
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