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<br />200607973
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<br />preserve the value, marketability or rentability of the Trust Estate, or part
<br />thereof or interest therein, increase the income therefrom, or protect the
<br />security hereof and, with or without taking possession of the Trust
<br />Estate, sue for or otherwise collect the rents, issues, and profits thereof,
<br />including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection including attorneys' fees, upon any
<br />indebtedness secured thereby, all in such order as Beneficiary may
<br />determine. The entering upon and taking possession of the Trust Estate,
<br />the collection of such rents, issues, and profits, and the application
<br />thereof as aforesaid, shall not cure or waive any default or notice of
<br />default hereunder or invalidate any act done in response to such default
<br />or pursuant to such notice of default and, notwithstanding the
<br />continuance in possession of the Trust Estate or the collection, receipt,
<br />and application of rents, issues, or profits, Trustee or Beneficiary shall be
<br />entitled to exercise every right provided for in any of the Loan
<br />Instruments; or by law upon occurrence of any event of default, including
<br />the right to exercise the power of sale.
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<br />(b) Commence an action to foreclose this Deed of Trust as a
<br />mortgage, appoint a receiver, or specifically enforce any of the covenants
<br />hereof;
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<br />(c) Deliver to Trustee a written declaration of default and demand
<br />for sale, a written notice of default and election to cause Trustor's
<br />interest in the Trust Estate to be sold, which notice Trustee shall cause to
<br />be duly filed for record in the appropriate Official Records of the County
<br />in which the Trust Estate is located.
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<br />, ,. Foreclosure by Power of Sale. Should Beneficiary elect to
<br />foreclose by exercise of the Power of Sale herein contained, Beneficiary
<br />shall notify Trustee and shall deposit with Trustee this Deed of Trust and
<br />the Note and such receipts and evidence of expenditures made and
<br />secured hereby as Trustee may require.
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<br />(a) Upon receipt of such notice from Beneficiary, Trustee shall
<br />cause to be recorded~ published, and delivered to Trustor such Notice of
<br />Default and Notice or Sale as then required by law and by this Deed of
<br />Trust. Trustee shall, without demand on Trustor, after such time as may
<br />then be required by law and after recordation of such Notice of Default
<br />and after Notice of Sale having been given as required by law, sell the
<br />Trust Estate at the time and place of sale fixed by it in such Notice of
<br />Sale either as a whole, or in separate lots or parcels or items as Trustee
<br />shall deem expedient, and in such order as it may determine, at public
<br />auction to the highest bidder for cash in lawful money of the United
<br />States payable at the time of sale. Trustee shall deliver to such
<br />purchaser or purchasers thereof its good and sufficient deed or deeds
<br />conveying the property so sold, but without any covenant or warranty,
<br />express or implied. The recitals in such deed of any matters or facts shall
<br />be conclusive proof of the truthfulness thereof. Any person, including,
<br />without limitation, Trustor, Trustee, or Beneficiary, may purchase at sucl1
<br />sale and Trustor hereby covenants to warrant and will defend the title of
<br />such purchaser or purchasers.
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