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<br />:\1 I 88- 105355
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<br />b "OlJ. trandllrred or furthor encua,bend without the .apre.. Dr witten con.me of aenoltd.ry,
<br />aaneUcla.., .." .t Ita ula o(ltlon, declare .11 ..... ..cul'.d by tlth Deed of Trult to be ....dl.t.l'
<br />due and pa,abh ....d proc.ed to tha reudh_ aVlllhbJ. to it under the delault provhlona contalnad
<br />hualn.
<br />
<br />U. Evenu 01 o.r.ult. kly of the rollo"lol .ventl .h.ll be dall_ed an event of def.ult h'ULmdarl
<br />
<br />(a) Tru.tor .haU h.v. f.U.d to ..It. p.)'1Hnt of .nJ .nU.n..or: of Intllner:.
<br />prlne1p.l or pr!ncipal and Intne.t 01' an, och.r .~ .acured hereby when due:.
<br />
<br />(b) Then h.. occurred . breach of Dr default undel' any 1:111'11, coyeni:l1t.
<br />all'lle:-=nt. condition. provblanl rep"a.entation 01' ".rl'.nty contained in thb Deed
<br />of Tru.t I the not. or .n,. othltl' lo.n lnat....ent ..cund hereby I
<br />
<br />(c:) Tb.... h.. been a del.ult by the TruUDr In the papllnt of eny pdor Dr
<br />aub..quent Ihn or eru::Wlbranc:e In re.pact to all or .y put of the property I
<br />
<br />(el) Truator IIhall fUe a YOluntu)' p.ltioo In bankruptcy or IIhall be adjudl-
<br />cated bmkrupt or Insolvent, or .h.U ..k.. an ."llfi_nt tal' tha benefit of culliton
<br />In respect to the pl'op.rty; or an actioQ to anforea any Uan or encUllb:..-anco or juda-
<br />_nt. a.d.n.t the propeny h co-.enc.d.
<br />
<br />lZ. Acc.l.ntlon Upon Default. tn the event of any dehult, Denef'lchr)' ...y declare aU indebtednells
<br />..cur.d hu."y to be dUll and p.yabla, and the .a. .hall theraupon becOll. due and payaDla vlthou: any
<br />pu..nt_.t, d..nel, prat.at 01' Dotic. of any k.ind. Th.raafter, Beneficiary DaY:
<br />
<br />Ca) .ither In peraon or by alent, vith 01' without brlnalnl any ection or pro-
<br />ce.dinl, 01' hy receiver appointed by a court and v.-.thout reaArd to tha adequacy of
<br />4ny I.curlt,. ante.. upon and t.t. pO..1II11.10n 01 the property, 0" any part thereaf.
<br />In it. own n... or In the n... of the Tru.te.. and da .ny .ct. which It dan. n.ce...ry
<br />and de.ll'abb to pre.erve the v.lu.. ...rket.bUlt)' or rentability of the prope..t,. or
<br />p.rt thereof or interellt therein. lncrea.. the IncoM therefro_ or protect the security
<br />hllreof and, wlt.hout taking posslI.don of the proplll'ty. sue for or othervhe collect the
<br />nnes, l..ues and profits thereof. Ineludlnl those past due end unpaJd. and .pply the
<br />..... leaa co.ts and IIxpenas. of operation .nd collection. includlnl attome,. fee.. upon
<br />....y indebtedna.a a.cured hereby. ell In .uch ordsr .. Beneficiary....)' detena1ne. The
<br />enterinl Upgn and taklnl po..aulan of the trullt ntate. the collection o{ auch renta,
<br />l..UIla and profit a and al1PUcat Ion thueol .. efore..ld ehdl not cure or w.ive allY da-
<br />f.ult or noUce of defalllt har.undar or Invalidate any act and In reapon.. to .uch de-
<br />f.ult or pur.u.ant to auch not Ie. of default and. notwtthuandlnl t.... conUnuanclI In
<br />po..e..lon of the property or the collection. receipt .and .ppl1cetion of rent., I.au..
<br />or proUta, Truat.. or Beneficial" ..)' be entitled to ..erelae ev.ry right provided for
<br />in an, of the loan Instrtaents or by law upon occurrence of an)' event of d.fault. ~ n-
<br />eludlna the rllht to a.erche the po....r of aal.:
<br />
<br />(b) co_mce an act lon to fond 0.. thb Dud of Trust .a . ~rt..I., .ppolnt
<br />a racaivee'. 01' apecifie.117 enforea any of the coy.,anta hereof;
<br />
<br />(c) d.U.yer to Truatec a written declaration or default and de_.nd for ..I.,
<br />and a write... notice of d.l.ult and .lectlon to cau.e Trulltor'. Inter. at In tM prop.rt,
<br />to be .old. which not In T..ust.. shall cau.. to b. duly f 1l.d for record In the official
<br />ncord. of the COlmtr In which the propart, I. located.
<br />
<br />ll. 'ondo.un by Paver of S.le. Should l.nef1eluy elect to foreclose by ".uch. of the pow.r
<br />or ..1. h....ln cont.la.d. B.neflclary shall aotU, Tru.u. and .ha11 depodt with Truu.. thS. Dead of
<br />Truac .Dd the nottl ad .ucb receipt. and .videnc. of ..,.ndltur.. ..da and ..cured h.rebY .. Truete.
<br />..)' require, and upoa raque.t of the l.neUClar,. tb. Truat.. .hal1 fUe for record, io the Ile.later
<br />at o.ad. olUe. In the Co.....t, wh.... the pl'oplln,. i. located. . notlc. of default. ..ttina forth the
<br />0... ol eh. Trustor. tbe Book. and Paa. or Doc....nt No. 01 thla Deed ot Truat .. record.d in ..id
<br />...l.t.r of Daed. offlca, the 1...1 d..c..iptlon of the abov.-de.c:rlbed nal ..taU .nd that. br.ach
<br />9f an obli..t1on, for whicn. ..Id r.al ..t.te v.. cony.,.d .. ..curlty, h.. occurr.d, and ..ttlnl forth
<br />the n.tura of auch bra.ch and the TrUlltee'. alectlon to ..11 the real .st.te to ..tl.r, the obllsatlool
<br />and alt.r the lap.. of not Ie.. then on. (1) .unth. the Trustee .hall slYe written notice of the tI.
<br />and pl'ca of ad. which .., b. between 9:00 .... and 5 p... .t the pre_hell. or at the Coul'thou.. In
<br />the Coe.Mlty vh,re'n Ivc:h PfVptirty I. lueecad, dnerlblnl the property to be .old by In hId d..edp-
<br />itJ.Oft. a.l. noclc:c co b. pubU.hri &n a nc:wapaper of Icnar.l c:lrcul.clon In ch. Co\ll1ty wharain .uch
<br />propart)' I, located, once. week for fhe (5) con..cutlye ve.u, the l..t publlc.tlon to be at l.ast
<br />UA (10) da,a. but not StOre than t.hirty (3D) day.. prior to" the a.le; aad the Tru.t.. .h.ll th'll ..11
<br />..ld proparty at the tlaa and placa d'''an.ted la the notlc.. In the aanner provid.d by law In affact
<br />.t eh. tl_ of rUla. ..Id notice. .t pubUc auction to tha hlp.st biddar fo.. ca.h and .II.U d.Uval'
<br />to .uc:h purcha..r . deed to the propert, .old. con.ht.nt vlth the l.v la elfect at the t....
<br />
<br />Upoa. nc.lpt of the price bid, Truate. ahall dellver to the purcha.e, T..unee'. d..d conveyln. the
<br />propart, .old. bcitata In the Truetee'. deed. .hall b. pri.. fael. evidence of the truth of the .tat.-
<br />.....a ... tharein. TrUII..e. ahall .pp17 the proc..d. of the aale in the lollow.&na order 1 Ca) to aU
<br />r..aoo.bl. cOllta and ..pan.e. of the a.l.. includinl but not Ualted to, Trustee's feea of not AlDr.
<br />tbaa Z of the 11'0.. ..Ie pdee, rea.onable attom.y feea _ad co.u of r.itle evidence: Cb) to aU
<br />..... ~d by thl. Deed of Trust: and (c) the eKe..., Jf any, to the p....on or p....on. Ie.aU)" en-
<br />titled thereto. An,. per.QQ. Inc1u&Jina. Benefid.r,.. ..y purcho.". eald property at ..ld .ah.
<br />
<br />The peraDn conduCtllll the ..le a.y. for any c..... he or .ha dee.s expedient, po.tpone the ..1. froa
<br />tlaa to U.. until it .han b. cOllpl.t.d and. In .ver, .uch c..a. notlc. of poatpon...nt .hall b. .Ivan
<br />by ,,,bile d.clar.tion thereof by lIuch penon at the HIM! and pl.ce Iaat appointed fol" the .al.: pro-
<br />",ldad. If the .ale h poatpoo~d for looser th3n on. (1) d.y be:yond the d.te dealBnated in the nOllce of
<br />..la. notlca t.he.reof .hall b. ahan In the ... IIUln.r .. the orlllnsl notice of ..le.
<br />
<br />1... a..di.. Mot Exclualve. Trustee AIld lea. UdAl", ...d .ach of the_. ahan be entitled to en-
<br />forc. plIJIIAnt .nd puforllAl'lce of .nr lnabt.dn... or obUlsUon secured hereby .nd to ..ercl.e .U rlahta
<br />ad poven und... thb Dead of Tru.t or under an, loan In.u..ent or other .In~nt or any l.va now or
<br />h......ft.... enforead. notvlth.t~d.1n.1 eo_ 0" .11 of the indabe.dnes. and obU.atlon. ..cu....d. h.nbr
<br />wblcb..., now or hereafter be uth.nd.e .ecured, wheth.r by .urtBale, deed of truat. pledle, lien, ...lln-
<br />-.rat 01' otbervlae. Hdther tha acceptac. of thia Deed or Tl'"\llIt nor it. enfo"ce.at, vbeth.r b, court
<br />actioa or punu_t to tba power of .ala or othar pown haraln contained, .hall "reJudlc. or In any
<br />""'.1' affect T.....!:.... 0'" .anallclary'. rlahl. to r.all.. upon 01' enforce any other ..curlty novoI' hare-
<br />alter haLt b, Tru.t.. or lenellcbr,. It b.ln. alread that Truste. and I.noficlary. and each of th...
<br />.hall be eatltl.d to enforce tbh Dead of TrUJIt .nd .nW' oth.r ..cur1tW' now or 1I."l!!Ifter h.ld by the Bene-
<br />Ucla.., or Truat.. In .u::h arder and ..nner .a th.,. or .lth... of tI... ..y In th.l.. ab.olute dhcret&on
<br />dac.eral... No r...d, MI'.in conferred upoo or r...rvad to Trustee or Btlnef1chrJ 1. Intended to b. e..-
<br />elKSI.. o' any oth.r r~d, I..r.in or by law provld.d or p.r.llt~d. but e.~h .h.ll bl! ~Ullul.lI"l! and
<br />sh.11 be In addition to e"ary other re_dy Il"u hereund.r or now or hen'after eal.tlnR at I." or In
<br />e"uh, 01' b, at.tut.. Ev.,.y pOWlr or rr_d, .J.... b,. any 0' the loan In.t ru.mt. to TruIH.. or Bene-
<br />rlclal" 01' to ..hlch .lther 0' the..., ba oth.rvl.. antltled _, be e.ere-tlled. conr:urrf>ntly or Indepllln-
<br />....1,. I..-=- tl_ to II.. and .. ohen ...., be d....d eapedl.nt by Trullte" IIr II.l!nerlclary. IIod elthe.-
<br />a. ......., pur.ue Ihcoo.la.ent r...dle.. tJolhlol herein .hall be I:ooalrued .. prohlbltlnll .all.rtclaIY
<br />h~ ......n. a d.flclll:nc, 'ud...". .Iaa".t Tru.lor to Iha ..tent euch act Ion Ie por_lllad Ill' I....
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