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<br /> �b) commenae on nation to �Aroclose
<br /> this Deed Af Txuat ae n mortgaqe, appoint a �
<br /> receivex, or speaifically enforce any of the
<br /> csovena�ta hereo�; �
<br /> (c) de�.iver to Truatee a writt�n decla-
<br /> rati.on of de£ault and demand f�r edle, aad a
<br /> writtea notfce of default end electil.on to
<br /> h�f�Of� mr�ia4nr�a i etareati in thA T3rODQ1'�Y t0 _ __
<br /> be sold, which notiae �Trustee ehall cau�ae to
<br /> bA duly fii�d for reaord in th� official rec�
<br /> ords of the aounty in whieh �he prap�x�tX is
<br /> loaeted.
<br /> 1�. r� .losuza bX P�we�o�9ale. 8hould Ben�ficiary elecE
<br /> �o toxsaloso lay Qx�rcisa o! the gawor of sa1Q herein containe�l,
<br /> S�m�tiaiary sha�ll nati.fy Truatae and rshall depQBit w�.th �x�ustee
<br /> tl�is Dood of Trust and the not� and such seaeiptecand evid�nce of
<br /> expendituram made e�nd secured hereby as Truatae may requfre, eaed
<br /> upon request of �fae Beaefiaie�y, the Trustae shall �ile for rec-
<br /> ord, in the Register of Deede office in the County where the
<br /> praperty is located, n aotiae of default, settinq forth the name
<br /> of the Trustor, the Hook nnd Pr�qe or pocuad�at No. af thie Deeel ef
<br /> Treist ea recorded in eaid Req, ister ofc Deedt� office, the legal de�-
<br /> �cription oF the above-descrfbed real estd�e dnd that a breach nf
<br /> en obliqatioa, for whirh eai.d rea7. estate was conveyed as secu-
<br /> rity, has oacurred, and settinq fosth the nature of such brea�ch
<br /> �nd ths Tr:sats��� c].ect3ca #.� s�ll the r� g�t�ta to sa�isf�r fihe . .
<br /> obliqatioa� and a�ter the lapse of not less than oae (1) manth,
<br /> the Trustee shal], qive writtea not3ce o� the time a►md place o�
<br /> sale whiah may be between 9:00 a.m. and 5:00 p.m. at the p�rem-
<br /> ises, or at the Courthouee in the Cawaty whereir� eucb property is
<br /> located, describinq the property to be sold by ite legaT descrip-.
<br /> tioz�, eaid natice to be published in a aewspaper of genernl cir-
<br /> culetioa i.n the County wherein such property is loceted, once a
<br /> week for five (5) conseautive weeks, the laat publicatic�a �o be
<br /> r►t least ten (10) dAys, htit not mor� than thirty (30) days, gx'iar
<br /> to Che sale; and the Trt�stee shall then sell s�i.d proper'�y at �he
<br /> ti.me and place desi.gaated fn the notice, in the maaner provided
<br /> by law in effect at the ti�►ne o€ filinq_said notice, a� public _
<br /> auction �v the t�.qhest bidder for caeh and shall deliver to suah
<br /> puzch�set e deed to the .property sold, coneis�ent w3th. �the law in
<br /> � effeCt at the time.
<br /> Upon raceipt of paym�nt of the priae bid, Truetae shall de� �
<br /> ltver to the purchaser, Trustee�s deed conveyiaq the property
<br /> �sold. Re�t�ital,s ia the �rustee�s deed sba11 be prima facie evi�
<br /> denco of •�the�tsuth of the stetemen�s made therein. Trustee shall
<br /> , apply the proceeds of ti�e sale in the following order: (a) to
<br /> � . � all rensonablg costs aad .espenses of the sale, incl�adiaq but not .
<br /> � 13m.it�d to, Trustee�s fee� of not more than 1.5�! of the qroeB
<br /> . s�tle price, reasonabie �attorney fees �nd costs of titl�.evidenCe; „
<br /> (b) �o �Z� sums secured by this Deed af Trust; aad (c) tithe es-
<br /> aesa, if any, to the person or persone le.gally entitled thereto.
<br /> Any person, includiag 8eaefiafary, mr�y purchase said property at
<br /> �e:id sale.
<br /> The person coaduatiag the sale may, for any c�ase he or she
<br /> deems expedfent, poatpone the sg�e from time to time un�il it
<br /> shall be aoa�pleted and, in evesy suah case, aotice of pog�poae-
<br /> ment shall be given by public declaratfon thoreof by such persoa
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<br /> �he sale is postponed for lonqer than one (1) day beyond the date
<br /> desiqnated in the notice og sale, notice thereof shall be given
<br /> in the same maaner as the original notice of sale.
<br /> 14. Remediss Not �xciusive. Truatee and Beaeficiary, aa�d
<br /> each of t1�em, shall be entitled to enfarce p�ymeat aad pexfosm-
<br /> ance nf any indebtedness or obliqatio� secured hereby and to eg-
<br /> � ercise all righta ancl powers und�r this Deed of mrust or under
<br /> any loan inatrument or other agreemont or any lawe nor or hereaf-
<br /> • ter enforced, notwitihstanding same or a11 of the indebt�d�uese and
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