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<br />86- 105707
<br />1. Tbls y to teach opts oat anbjoet b the further Iran that the mi•lTruatp_rhall verse, , timint
<br />and poses" potesmko of des sbeae pasted mad described premises and take the profits thereof to his men we "III
<br />tlefnth be mode is may payment of an installment due on mid note or to tits performance of any of the covemmis or
<br />aemditisns eomtsimsi denim or in Ili Deed of Trost. oad, she to occurs the reimbursemenI of the Benallelery er say
<br />other l Welau of mil theta. die Tnmom w say ambsd4tt4e tewstae of any and all eons and expresses incurred, ineluding
<br />reemse a shone" ' fames magm t of any litigation which may arise with respect io this Twat or with respect to
<br />Ile kmkbndmawavidosad by add well, alto protection and maintenance of the pmpsrty hereinabove described or in
<br />abletain g penalties of add property after any ask which may be made a hereinafter provided.
<br />Z Upon do foci popoo t of tba isdabWWha a I am pfd by mid now end the Interest lots ett. the pymsm of
<br />aft elberems teasels plowhild ter,. Ile impel moar et all stsowim sdvrrwoed M expended pmremeat t• salt eels or this
<br />bwrrmom, mad open dm paylmsat of act ells piepor emew elaorgos, cotmnsinlons, and expesoesv the sieve damodard
<br />property shall 6 relnrod and rmeme yei to and at tbo cad of the Trus for .
<br />3 Upset defaoh in way of the cevoaoaa or conditions of this instrument or of the note x has sgn memt secured
<br />hereby the semdeiary or lice smdw may without notice sad without regard to the adequacy of mew hy for The in•
<br />debteriness secured. either personally or by ■ttoreey or agent without bringing any action w proceed,g, K by a
<br />receiver to be eppo,lei by the court, enter upon and take possession of said property or any part thereof. and do say
<br />acts which Beneficiary donne proper to prstect the security herrof, and either with or without taking poomemisw of
<br />mid property. cancel and receive the revels, royshies. issuer, and profits thereof, including rents seerued sad unpaid,
<br />end apply the em' lees emu of opnntine and collection. upon the indebtedness secured by this Deed of Trust, mid
<br />treats. royalties. i.ws, toad profits, being hereby assigned to Beneficiary as further security for the payment of such
<br />indebtedness. Exercise of rights louder this paragraph shall not cure or waive any default or notice of default here-
<br />muler or invalidate My set done pursuant to ouch notice but shall he cumulative to any right and remedy to declare a
<br />d efouh and to came notice of default to be recorded as hereinafter provided, and cumulative to any other right end/
<br />or remedy hereunder, or provided by law, and may be eserriard concurrently or independently. Expenses incurred
<br />ley Beneficiary hereunder including reasonable attorneys' fees shall be secured hereby.
<br />4, The Trusto*ovewants amid agrees that if he shall fail to pay said indebtedness, or any part thereof. when
<br />due, or shall fail to performs any covenant or agreement of this instrument or of the promissory note secured hereby.
<br />The entire I I t' - , * hereby am red shall immediately hrrome title, payable, and collectible at
<br />the option of the Beneficiary or assigns. regardless of maturity. and the Beneficiary or assigns mayj enter upon mid
<br />property and collect the rents and profits thereof. I1pon such default in pay rwent or performance, and before or
<br />after such entry, the Trustee. acting in the exenetion of thin Trust, after the notice of default has
<br />been recorded, shall mail a copy of the default to each person who is a party
<br />to this instrument, at the address set out In this instrument, as well as to any person
<br />who has requested any notice of default and notice of sale by recording said request for
<br />notice with the register of deeds in the county in which this instrument Is recorded, and
<br />after the lapse of time which is required by law after mailing the notice, the Trustee shall
<br />have the power to sell said property, and it shall be the Trustee's duty to sell said
<br />property (and in case of any default of any purchaser, to resell) at public auction, to the
<br />highest bidder, first giving five weeks' notice of the time, terms, and dace of such sale,
<br />by advertisement not less than once during each of said five weeks in a newspaper published
<br />or distributed in the county or political subdivision In which said property Is situated,
<br />Iand the Beneficiary or any person on behalf of the Beneficiary +nav bid and purchase at such sale 1. Such
<br />oak will be held at a suitable place to be selected by the Reneficiary within said entirety or political subdivision. The
<br />Trustee is hereby autleerised to execute and deliver in the purrhasrr at such sate a stAkient conveyance of mid prop.
<br />erty. which conveyance shall contain recitals so to the happening of default upon which the execution of the power
<br />of sale herein granted dspewda: and the paid Trustorfwrrhy rnnalitrree. and appoints the Trustee as his agent and
<br />tttorney in fact to make such recitals tend to exerote paid turn"-% once and hei0iby covenants and agrees that the re-
<br />citals an ntadfe shall be binding semi conclusive upon the Trustor and amid conveyance shall be effectual to bar all
<br />equity or right of tedempties, homestead, dower, right of apprmisement, and# all other rightit and exemptions of the
<br />Trus toc all of which ace hereby expressly waived and conveyed to the Trustee. in the event of a sale in haeiwaieve
<br />provided, the Trustorer my pew is possession under theTrustor shall then become and be tenants holding
<br />over and shall forthwith deliver possession to the purchaser at such sale or be summarily dispossemed, in accordance
<br />with the provisions of low opplie" to lemmata holding ever. The power and agency hereby granted are souped
<br />with an interest and an irrevocable by death or otherwise, and are granted as cumulative to all other remedies for
<br />the collection of said indebtedness. The Beneficiary or Amigna may take any other appropriate action pursuant
<br />to state or Federal statate either is data or Federal court or otherwise for the disposition of the property.
<br />5. In the event of a mile in provided in paragraph 4, the Trustee shall be paid a fee by the Beneficiary in an
<br />amount not in exeme of percent of the gross amount of said sale or pairs, provided, however, that the
<br />amount of aoeh roe shall be reasonable and shall he approved by the Beneficiary sa to reasonableness. Said fee
<br />shall be IN addition to the ewe and expenses incurred by the Trustee in conducting aurh sale. The amount of such
<br />costs wad espettses stall be deducted and paid from the pales proceeds. it in further agreed chat if Paid property
<br />shall Iw advertised for sale m herein provided and not sold, the Trustee shall be entitled to a reasonable fee, in an
<br />amount seeeptAMe to the Beneficiary for the esrvices so ren lend. The Trtdalr- .hall elan be reimbursed by the
<br />Beneficiary for all eons and expenses incurred in ronnerl itm with the advrrtdsing of said prnperly for ale if the sae
<br />is not eomemmmed.
<br />b. The praeeeds of any ele of acid property in accordance with paragraph 4 shell he applied first to payment of
<br />frees, teats. end expoase of mid pale. the Petiteness incurred by lite Rrnrfiviary for else ptirposw of protecting or main.
<br />tsinitsg rid property and a roeenobde attorneys' fern; aerandls. to payrrtrnt of the tnde64dnesa secured herrbv;
<br />and thirdly, to pay any surplus or rice ss to the person or prrwrna irleally entitled thereto.
<br />7. in the event mid property is sold pursuant to the authorization — niamed in lhta instrument or at a judirial
<br />foreclosure Yle and the ptrecneda are sat Wff/rient to pay the Intel tndrbledueaa .Prured by this instrument and
<br />evidenced by said promissory note, tae Be"feriary will br rellillcd In a drfirirnry jadgmrnt for the amount of the
<br />4eficieney without regard to •ppraiaement. 1hrTrt�4tt rhavtng wa »pd and aasranrd all rtahts ui •ppratsemrnt t� the
<br />Trustee.
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