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<br />12. Acceleration Upon Default. In the event of any default,
<br />Beneficiary may declare all indebtedness secured hereby to be due
<br />and payable, and the same shall thereupon become due an" payable
<br />without any presentment, demand, protest or notice of any kind.
<br />Thereafter, Beneficiary may:
<br />(a) either in person or by agent, with or without
<br />bringing any action or proceeding, or by receiver
<br />appointed. by a court and without regard to the adequacy
<br />of any security, enter •ipon and take possession of the
<br />property, or any part thereof, in its own name or in
<br />the name of the Trustee, and do any acts which it deems
<br />necessary and desirable to preserve the value, market-
<br />ability or rentability of the property, or Dart thereof
<br />or interest therein, increase the income therefrom or
<br />protect the security hereof and, without taking posses-
<br />sicn of the property, sue for or otherwise collect the
<br />rents, issues and profits thereof, including those past
<br />due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection, including attorney
<br />fees, upon any indebtedness secured hereby, all in such
<br />7- -
<br />order as Beneficiary may determine. The entering upon
<br />and taking possession of the trust estate, the collec-
<br />tion of such rents, issues and profits and application
<br />thereof as aforesaid shall not cure or waive any
<br />default or notice of default hereunder or invalidate
<br />any act and in response to such default or pursuant to
<br />such notice of default and, notwithstanding the continu-
<br />ance in possession of the property or the collection,
<br />receipt and application of rents, issues or profits,
<br />Trustee or Beneficiary may be entitled to exercise
<br />every right provided for in any of the loan instruments
<br />or by law upon occurrence of any event of default,
<br />including the right to exercise the power of sale;
<br />(b) commence an action to foreclose this Deed of
<br />Trust as a mortgage, appoint a receiver, or specifi-
<br />cally enforce any of the covenants hereof;
<br />tc) deiiver to Trustee a written declaration of
<br />default and den.and for sale, and a written notice 01
<br />default and election to cause Trustor's interest in the
<br />property to be sold, which notice Trustee shall cause
<br />to be duly filed for record in the official records of
<br />the county in which the property is 'Located.
<br />13. Foreclosure by Power of Sale. Should Beneficiary elect
<br />to foreclose by exercise of the power of sale herein contained,
<br />Beneficiary shall notify Trustee and shall deposit with Trustee
<br />this Deed of Trust and the note and such receipts and evidence of
<br />expenditures made and secured hereby as Trustee may require, and
<br />upon request of the Beneficiary, the Trustee shall file for
<br />record, in the Register of Deeds office in the County where the
<br />property is located, a notice of default, setting forth the name
<br />of the Truscor, the Book and Page or Document No. of this Deed of
<br />Trust as recorded in said Register of -L.e,-?ds office, the legal
<br />description of the above-described real estate and that a breach
<br />of an obligation, for which said real estate was conveyed as
<br />secur-it-Y, has occurred, and setting forth the nature of such
<br />breach and the Trustee's election to sell the real estate to
<br />satisfy the obligation; and after the lapse of not less than the
<br />statutory period of time, the Trustee shall rive written notice
<br />of the time and place of sale which may be between 9:00 a.m. and
<br />5 p.m. at the premises, or at the Courthouse in the County
<br />wherein such property is located, describing tile property to be
<br />sold by its !egal description, said notice to lbc pub,
<br />lisbed in a
<br />:-,ewspaper of general circulation in the Count,,, Wjj,,t,4n SUCII
<br />property Js located, ante a week for five J5) Conser-•ut-J"•e weeks,
<br />the last pulAication to Le at. :east tes, flo) lout not. Tac,r�-
<br />than thirt-y, (2',(!) day5, I)zir)r to t,
<br />ie and the
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