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<br />.___. _____�' � �5�►� - �.kj.a;.��# �_
<br /> coet� and ex�eneeti of aperatian ana aol�.ec��.on, inc�.uding r.e�.aan�ble
<br /> aG�urney'� f��e, u�an ariy 3.nc]�br.e�ir►es� aec:ured h�xehy �and in �ur,h order ae
<br /> �eneficiar�r may detprmine; (b? lex��e �he �ame �r any �part thereo� for �uch
<br /> _ - _ ,
<br /> :r.en��7., term an3 �xpon such conditione ae B�nefia3.arx'e �ucigmr_nt may dictt�ter
<br /> � or textninate or acijuet the terme and canditian� az any exiating .�asa��+er v� "
<br /> leaaes. Unle�a TL^ue�or and Aene£iciary agree otherwiee �.n writing�, xny
<br /> _ ,� � app3.ication af. rents,. 3s�uae or pro�ite to an�r �ndebtedn��a secured kxereb�r
<br /> �hal1 not ex�end or postpone the due date of �ris ina�allment paymGntg ae
<br /> prc�vided in the Na�e or change tne �mounC o� euch inetallmen�s. �he entering
<br />_., ._ _. - _ upon and t�k�.ng pogee�sion o£ tYies Property� �he colleation n� euch r.ents,
<br /> issues aazd prafi.ta, and tk�e apptication thezeAE ae af.oresaid, eha7.1 n��: v�ai�a -- -
<br /> or cure any defauat or nr�t:ice of default hezeu�ider, car invalidate any act,
<br /> done pureuant to Auch nc�ts,�a. Truetor a�+�igns �u Henetiaa.ary, ae furthpr
<br /> __ eecurity far the performaiice c�f the indebtedneeF� and al�ligaCionr� eec�axed
<br />��� hereby, al.l prepaid rente and aZl tneneyo which s�ay have been or may hex���tex
<br /> -- be deposi�Nd wiCh Truator by any leeeee of tihe Prop�x�y, to �ecur.e �he
<br /> -" '�� paym�nt ot..any rent or dam2c�ea, �,nci upon dEfault in the �e�farman�P of any o£
<br /> y��' Sl� : _
<br /> ---�7 the provi��ona he�eof, Trur��or ag�EPS r,o deliver eu�h ren�n �.nd drrpos�i�� to
<br /> - J3enefi.ciax�. Delivery of writtea� no+tice o� 3�en.efi�iary'a i�acex.ci.se o� the .
<br /> �'`"u="`�"''`� �iq;ts yz.~,..�xzcc2 bl thie gar�gzagh TF.IRD to any te�anr �r.cupy3ng t�.�? PraAerty ,_
<br /> -,_ _1..., ..s a `�w�hr rn »av aai ci
<br /> or any port�on tnereor onaii A� a��iiic:�G,a� :.o �:.Y.--�.. NMi� . .
<br /> .�—�.�,�.,�';j;� rFnt to Be�ef iciary until fuxther notice. .
<br /> ~- --� k'AURT�I. If there shall be filed by or against the Tx�.iator any petitioiz
<br />_:�_�=:� r or proceeding aeeking any arrangement 4r compasition or eattenefon �f any —
<br /> •��F���� other relief under or pureuant to the Federal Bankruptcy Gode or any other
<br />=��'?�'-i-��"� aimil�r st�tute aa ie now or herea�ter in ef£er.t, or a.f tk1� Trustor ahall be
<br /> 7''��'"���7:� �,��,,,�;�ar��7 hankriipt c�r ineolvent or anv af Truator'e p�operty shall have
<br /> "''�'�`��.°"` �;�� been sequeetered and ouch decree ehall have con�inued undiach�rged and
<br /> .:; �,�.
<br /> '� �+� un�ta ed for 90 da e after the ent thereo�, thPn the whole of th� NAte and
<br />:;^�- �'.'•:...„... Y Y �'
<br /> ,_;�';�:��:�• 3ndebtedneas hereby secured ehall , without notice, at the optio� of tYie
<br /> "�_����'_#��• ! � Beneficiazy, become due and payabl�.
<br /> ;�;;.,. ! •,:.
<br />��s�!�}. '' �FTH. Upon default by Trustor in the payment of ar performance of the ___
<br />-:.;�_;,���- -- terms and conditiona of the Note, or any renewala, madif3.catione or ___
<br /> .�.�--
<br />,�n,,s,+�i,;.,:tii• �. _ -
<br /> � ••� F� execution� thereof, tYie payment of any other indebtednesa secured hereby or _
<br /> �".'•,•;t.r••'^-.�A'^.Y� ~ in the performance o£ any agreement, coven�nt or v�arranty hare�.n contained or _�
<br /> - � . �'`��"'ti set forth in any agreement or inetrument executed by Trus�or in connection r
<br /> - � ' '�':'� with the indeb�ec3nese hereby secured, Henefic3.ary may declare all au�ne ��
<br /> -�-�� 'r'�'`••''� �- eecured hereby immediately due and payable and the eame shall thereupon ��:;::;:
<br /> � """'""'""•!" ' beco�ne due and payable without pre�entme�nt, demand, prateet or notice of any E��;'A.-`
<br /> -�-::��..
<br /> '�'� kind. Thereafter, Beneficiary may deliver to Truetee a written declaration �;.�
<br /> �- �'- of default �nd demand for sale. Trustee ahall have the power of aale of the ���_^=
<br /> ' ' � Property and i.f Bene�iciary decitles th� Praperty is to be sold, it ahall �---
<br /> � deposit with Trustee thia Deed of Trust and the Note or notee and any c,ther �;y;�
<br /> - _� � ; � documente evidencing expenditures secured hereby, and ahall deliver to �r
<br /> Truatee a written notice o£ default and election to aause the Property to be �<`�.
<br /> "?:{' � sold, and Truetee, in turn, ahall prepare a Eimilar notice in the form -��.�:
<br /> . . .� - required by law, which aha11 be duly filed for record by Tru�tee. ,
<br /> �,
<br /> � . ' (a) After the lapae of such time as may be required by law following
<br /> • the recardation of Notice of Default, and notice of Defaulti and Notice
<br /> �' of Sale having been given ae required by law, Truetee, withoue demand on
<br /> ` Truator, shall sell the Praperty hereinbefore described, and any and
<br /> ' ever.y part thereof, in separate parcele or en masse ae the Truatee may ���
<br /> elect and in sucki order as Trustee may determine on the date and at the
<br /> �� time and place deeignated in said Notice of Sale, at public auction to
<br /> ' the high�et bidder, �he purchase price payable in cash in lawful money
<br /> of the United St�ates �t the time of sa1e. The peraon conducting the
<br /> - eal� may, Eor any cause he o� she deems expedient, postpone the sale
<br /> •� - `rom time to time until it ahall be campleted and, in every such case, '
<br /> _ _-s••� �__ ��r i�a nf rx�atnnnPmPnt ahall be viven bv U11b11C declaration thereof by �__
<br /> - _-- - -- - � ---..--
<br /> such person at the time and pLacerlaet appointed for the sale; provided, � -
<br /> " if the eale is postponed for longer than one (1) ciay beyond the day ;
<br /> , deeignated in the Notic� of Sale, notice thereof ahall be given in the !
<br /> , same manner ae the original I�Totice of �ale. Trustee ohall execute and I
<br /> deliver to the purchasEr its Deed conveying the praperty so sold, but
<br /> - without any covenant or warranty, exprese or implied. The recitals in '
<br /> ' the Deed of any matterd or facts shal]. be conclusive proof of the '
<br />� � truthfulness thereof . Any person, including wi.thout limitation,
<br />- . Beneficiary or '1'rustee may purchase at L-he sale. Said sa.l� shall be
<br /> conducted at the real estate forming a part of the Pro��r�y or at tk�e '
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