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200207048
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200207048
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Last modified
10/15/2011 1:24:57 AM
Creation date
10/22/2005 8:59:23 PM
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DEEDS
Inst Number
200207048
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200207048 <br />issues <br />and pro fits, unit the application the met aforesaid shall not cure or waive <br />any default or notice of default hereunder or invalidate any act dove in response <br />to such lcoc III or pursuant m such norm of dor the and, notwithstanding the <br />oplIto ce ivpossession of dm Trust Fsmm or the collect ion, receipt and <br />application Of <br />evert right proves ed profits_ y of or an Instruments shall be emitted to 01 <br />exercise tight pmvided for in any of the Loan ht to exercise or e ow upon <br />OQc sale, <br />ter fway ewers of default, includinsthe right uerciae the powerof <br />(ii) cornice [it . e do action to ton KOIOtc this Decd of Inat as it mortgage, appoints o <br />Ietweir or specifically enforce any of the covenants hereof; <br />(iii) deliver to Irusee a va then declaration of default and demand for asle and s <br />written notice of default and election to cause Tnubr'o inleresl in I lie Trust <br />Londe to be sold_ which notice l police shall cause to he duly filed fill Ircord in <br />the appropriate offices of the County in which the Trust basic is located; or <br />(Il exea a so such other rights or remedies al low, or in equity. <br />II loomc(osure by Punier of Sale. If Leconte al elect am foreclose by exercise of the Power of <br />Sale herein contained, Beneficiary shall not] fy Trustee and shall deposit with Irvstee this <br />Second Decd of'I rust and any note evidencing the halebrodncss and such receipts and <br />ei abirso ofcxple ditures made and secured hereby as Trustee may require. <br />(a) Upon receipt ufsuch solute tram Beneficiary. Trustee shall cause to be recorded, <br />published and (tell%cncd to Truaer such Notice of Default and Notice of Sale as then <br />require([ by law and by this Second Deed of'I cash "fnntee shall, without demand rot <br />Truatoq alter such tittle as may then be required by law and after remrdalion of scull <br />Notice of Default and after Notice of Sale having been green as i {plied by law, sell <br />the Trust Face at the time and place of sale fixed by it in still Notice of Sale, either <br />as a whole. or in separate loo or parcels tit items as Truawe shall deem expedient, <br />and in such order as it may determine, at public auction m Iho highest bidder for cash <br />in lawful choosy of the United Scales payable at time of sale. Trustee shall <br />deliver to such purchaser or purchasers Ihil its sued and sufficient deed or deeds <br />conveying the property so sold, but without any covenant or win ready. express or <br />implied. l lie recitals in such deed of any metiers or facts shall be conclusive proof <br />or the lrpthfulnees thereof. Any peesorh including without limitation Truster, "Il <br />or Beneficiary, may purchase at such sale. <br />(b) As may be perualed by l aw, after deducting all costa lees mad evil esofTrustee <br />and o this Trust Including cost of evidence of tide in connection withsale, Trustee <br />clue 11 apply the proceed of sale to payment or (p the Indebtedness (u) all other sums <br />then amured hereby, and (iii) the remainder, Lucy in the person or persons legally <br />rII10Ld Ihcrcro" <br />(c) Trustee may in the manner provided by lmv postpone sale of all or any portion ofthc <br />Trust Fsmhc. <br />12 Remedlcr Nul Fool .wive. Trustee mid Bevefilnury, card cacti of them, shall be entitled to <br />enforce payment and information of coy indebtedness or obligations secured hereby and to <br />couple all rights and posers under this Second Deed of bust or under any i"nan Inarument <br />Or o0mr mocnnenmr any laws now or hereafter in force; notwal sanal sonic or all of the <br />samh indebtedness and obligations scoured hereby may now or hereafter be otherwise secured, <br />sherher by mortgage, decd of also. pledge, Hera. es>igmnent or othenvlae. Neither the <br />auccplancc of this Second Deed of ost nor its cnforcemeo, whether by court action or <br />pursuant ill the power of sale or ocherposwo herein compared, shall pr iful or in any <br />
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