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<br /> -��� r i�eoome secured by th$lien kcrcaf. The Bene�ciary shall no iacur any llab becuuse o enythii►g it may do or omit to do �_.-
<br /> hereunder. '
<br />=+ � 7. The Henzficiary shsill dave the dght,power end authority dudng the oontinuanae of thls Deed of Tmst to aolloct the rents,
<br /> �� issu�s and proflts of the progerty nnd of any personai propertY located thoreon�vlth or without taldng possession af tha propetty
<br />,+_,;��
<br /> -{� affated hereby,and Ttustors hercby absolutely uttd uncottdltlonally assjgn nil such rente,issucs and proSts to the beneflciary. Th� .
<br />' 3' bcacflcifuy,hmvever,hereby oonsents to Trnstors'aollection nnd cetention of such rente,issues and proSts,so long as Tn�stors are °r'-:
<br /> R�� not,at such time. in default a�th respect to payr�ncnt of n�►y lndcbted.aes9 scc��red hereby, or in the perforniance of any agrcemcnt ,1
<br /> .-� hereunder. If aay evcm of 6efaWt descr[bed hereafter ln resPect to thia Dced of Trust shall have occiure�and bc continuiag.the :�;..�:
<br />-'",�.;� BeneSrlary.as a matter of rlght and wlthout notice to Ttustars or anyoue clsiiming under Trustors.and without regard to the valus of
<br /> ��� We m�st estate or tbe interest ot tke Tcusto�s thcrein,shall have the Nght to uppty to atry court having jurisdiction to apgoint a
<br />�= '��� receiver of the property. -
<br /> e� e. The Beneficiary,or its agents, are authorized te enter at any masonable dme upon or in euy part of the property for the '�,,�:
<br />�� purpose uf inspecting the sa�ae and for the puewose of pedosming anY of the acts they are autharized to peaforai under the tsrms uf �,�,__::
<br />.-�;_ any loan inspuments executed by Tcusto�s.
<br /> ��-
<br />__�. 9. If all or eny�att of the pmperty oa any interest of Tmstors is sold,uaasfened or 4iuther eacvmbered vv�thoui the written �=°F*
<br /> '" ooffierR of t�e Heneficlary,the Seneficie�'maY deci�all sums secured b3'this Tn�st Dad to be immodiately due and payable and �
<br /> ' � • prooeed W the remedies available to it under the defaWt provtsions oontained herein. �-
<br /> � 10. Auy of the following events sLa11 be doemed an e�'ent of default hereuader: _
<br />---�� a Tnistots sha116ave failed W make PaY�nt of sury installment of prittctpal or intetest or any other sums sea�red hereby ahen
<br /> ��y . _
<br />=�°�-`�_'- �� oovenam, aBresment. condition, Provlsien, reP�enlation or —=
<br /> b. There has occurred a breash of or default uuder a�►Y te�
<br />-= wananty oonmined in this Deed of'i"�ust,tha note os�af aay prior o�sub�sequeni Hen or encamb:ance in respect to all or any °" _
<br /> c. T!►ere has beea a defaWt by the Tn�swrs jn the paya�
<br />��' part of the pmpcatY:
<br /> -- �� ��upuy or shall be adjudi�ba.akcupi or iamhent, or shall make aa
<br /> d. Tn�sWrs sball Sle a volnntary peti ��p��,.�or an actioa to e�f'orce any iien or encumbraaoe or judgments
<br /> - asslgameat for the beaefit af creditors in respect
<br /> -- --� again„�t the pragerty is commenced. c°�-
<br /> li. In ths event of any ddault,the Benefic3arS'maY�lace ell indebtedae.ss secured herebY W be due and payable and t�same
<br /> shall thereupon beoome dae and payable tvithout anY P�eat,demasnd,Pmtesc or notioe of any kind Thereaiier,the Bcneficiary
<br /> . �Y= action vr piiw�ug, tii!sy rc�tis�agpa�!�8�sL+t ae� . -
<br /> p. either in peison or by agent, with or wlthout bringtng aaY
<br /> without regard to We adeqs�ac.y of anY se�uttY,entcr upon and ta�ce poss�.don of the pmpc�ty,or aay part thereo�W its own
<br /> �' name or �n the name of the 1lcustee. and do aa►Y acts wbich it deems ne�ssary and desirabls w preserve the value,
<br /> - marketability or re�abilitY of the PruPeTty4�'P�ihereo�or iateress thereln.inrrease the inoome therefrom or pmtoct the
<br /> �'�'� secucity hezeof and,aithout taldng Poss�s�°°af the ploperty,sae for or othe�w3se oolloct the rents.issues and profits thereof,
<br /> �:? including thastt 1�due and imp�id,and aPP�Y ��• ���d�of operation aad aollearan, including
<br /> ��,� atto�,fas,upoa any fndebtmdness cavrod herdsY,all in such order as the Beneficiary maY determiaa. The eat�ng upon
<br /> ;:� and taldag Pussession of the uusc estate. the rxlle�ioa of such rerns.issues and proSts and appllc�tion thereof as afonsaid
<br /> shail not cuce or aaive any ddault or aoflce of def'ault hereunder oi iavalfdate aay act and��thc oa�o�reaipt
<br /> � pursuam to such notice of default and aotaithstand�aS the ooatiauanoe in possession of the Propert3'
<br /> �nd aDPlic�ation of c�ents,iss�r�es or pmSts.TNStee or the BeneSciary maY i�e er►titlod W exercise every rlght provfded for in an}r
<br /> of the loan inshumeats or by laa upon o����Y event of ds,faWt,iactud3ng tLe dght to exercise the puwer of sale;
<br /> ' b. aommence an act�on to foroclosa this Dead af T:ust as a mortga8e,aPPoiat a neoeiver.or specificallY eng'orae aay of the
<br /> aati�enants hec�
<br /> c. delivu w Tn�sta a written declasa�sold�ht notioe Tnutee�shall cause W be d�ly�led for reoonl ia thelofficial reoords
<br /> -. '1Ynstura'intarest in the properiY
<br /> --- of We oouNY in which the ptoperty is loeatad. of sate herein ooatained,tiu Ba�efldazY shall nolify Tiustee
<br /> IZ. Should the Bendiciary etect to foreclose bY ace�°f�p°�er tures made and socasod
<br /> _ and shall aeposi:w�th Trnstoe rbis need of�����r.����c����y�ana Qelive�a
<br /> - hereb�,�as Trustec maY re4ui�,an�nP°n� �by law aad bY this Deed of 1�ust.Ttustee st�all aithont demand
<br /> ta Tiustor such�Notioe of Ddault and Notice of Sale as then re4
<br /> on Trustor,a8er such time as may thea be required b�'1aw and after r��on of snch Notioe of Default and aR.er Notice of Sale
<br /> � havSng been givea es req�dced by Iaw�sell the groPeriY at the time and plaoe of sate fuced by it in such Norioo a�Sale,either as a
<br /> - whole,or in&egatate lots oz p�amels ot items as Tiustee shall�����nasers thereof deed�o pr�ty suld,oo��t
<br /> -__� au�tion w the higLest bidder for cash and sball deliver to sucb putc P
<br /> _ � with the la�v then in effect. Recitals ir►the Tcustee's doed shall be pIima facie evldence of the tzuth of the�statemeats made�but
<br /> - Tmstee shali appty the Prooeeds of the sale in the following order:(a)to all reasonable oosts and expeases _-
<br /> --- -= not limited W Trustee's fees of noi morc tbau 2%of the gross sale price.reasonable attorney fces and oos�s of title evidcnce;(b)W all -_
<br /> _�.� sums sa.vted M th�e Deed of Tn�st aad(c) t1�e ex���l', to the person or pers�ns leg,ally emiited thereto. �►nY P��+ �+"=-
<br />-�sE,i� said pmperiY at said sale. Tsustee may in the marmer provided by law.PostPone sale of all _
<br /> -�..: � includitt8 We Benefic3azy,maY P��
<br /> .� dr a�r portlon afthe properiy. __
<br />;�.:�� 13. 1Yvsiee and the Bea►eficfary,and each o8 the� d�wers�i�ader this Deed f Tmst o rva�der�oan instmment or other --
<br /> .._;�� o b]i g a t l o m s c x u r e d h e z e b y and to exercise a11 righ =-
<br /> ..,.o.,.,���r nr tremafter eafo�ed natwithstan d i ng some or s U o f t h e i a d e b t e d n e s s a n d o b l i g a H o n s s a c u u r e i d h e r e b y
<br /> _,_�_ .:_.. ._.:..._..... ..�..��.��,
<br /> -r aaaw.a......i —•-- --- W110ulBL by QlOI[�l�C+ � Qi utisb Ynwbo. +w.aa. maoD""`�".... �.�-..�. ---
<br /> maa :
<br /> �= which maY no�'or hereafter be othetvvlse sec�ued. 6z--
<br /> -`,-=;- Neithet the soceptanoe of this Deed of Ttust nor its enforcement,whether bY oourt actton or pursuant to the powsr of sate o:othec _ -
<br /> manner affect Tn�stee's or We Beneficiary's right to realize upon or eaforoe aay �,.;
<br />•�� +�= powers herein ooatained.shall P�+eJudioe or In anY it being ag�ed Wat Tn�stee and the Beneficiary. and each of ���
<br /> '� other security noa'or here�after held by Tcustee or the Beneficiacy',
<br /> ` them,shall be entided to enforoe this Deed of Tn�st and anY other securiry now or hereatter held by the Beneficiary or 1'n�stee in
<br /> -��,� �
<br />'.=':',3��..Y such order and manuer as they ma�'in their absolute discmaion determine. No cemedy herein oonferred upon or resezved w TiuRee
<br /> , or Beneficiary is inteaded to be exclusive of any other remedY herein or by law provided or permittad,but each sball be cumulative
<br /> •� •- and shall be in addition to every ather re�S'�'en���°r now or hereafter existin6 at law or equity or by statute. Every
<br /> - - pnwer vr remedy given by any of the loan in��T��or ttee Beneficiary or to which either of them may be othetwise
<br /> - eat�tted maY be exerclsed,ooawrrentlY or indspcndeatlY,from time to time and as oftca as may be deemed expedient by Trustee or
<br /> '� Eeaeficiary,and either of them n±aY P�iaoonsistent remedies.Nothing herein sLall be oonstrued as proAibiting the Beneflciary
<br /> �'�-: ; from se�ng a deficienry jud$�aent against Tn�stors to the excent such action is permitted by law.
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