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<br />is sold, transferred or further encumber4i vi44mrathe express or written consent of Beneficiary,
<br />Beneficiary may, at Its sole option, declare all suns secured by this Deed of "[rust to be immediately
<br />due and payable and proceed to the remtdfes available to it under the default provisions contained
<br />herein.
<br />11. Events of Default. Anv of the following events shall be deemed an event of default hereunder:
<br />(a) Trustor shall have failed to make payment of any installment of interest,
<br />principal or principal and interest or any other sums secured hereby when due;
<br />(b) There has occurred a breach of or default under any term, covenant,
<br />agreement, condition, provision, representation or warranty contained in this Deed
<br />of Trust, the note or any other loan instrument secured 'hereby;
<br />(c) 'there has been a default by the Trustor in the payment of any prior or
<br />subsequent lien or ecumbrance in respect to all or any part of the property;
<br />(d} Trustor shall file a voluntary petit inn in bankruptcy or shall be adjudi-
<br />cated bankrupt or Insolvent., or shall make an assignment for the benefit of creditors
<br />in respect to the property; or an action to enforce any lien or encumbrance or judg-
<br />ments against the property is commenced.
<br />12. Ac cc lc ration - tjLon Default. In the event of any default. Beneficiary may declare all indebtedness
<br />secured hereb} to ha due and payable, and the sate shall thereupon become due and payable without any
<br />presentment, d,murid, protect or notice of any kind. Thereafter, Beneficiary may:
<br />(a) either in person or by agent, with or without bringing any action or pro-
<br />ceeding, or by receiver appointed b*: a court and w4 taout regard to the adequacy of
<br />any security, enter upon and take possession of the property, or any part thereof,
<br />In its own name or to the name of the -trustee, and do any acts which it deems necessary
<br />and desirahlc t,p preserve the value, mirketability or rentability of the property, or
<br />part [:hereof or interest therein, increase the income therefrom or protect the security
<br />hcreaf and, without aking pos. ^.ession of the property ,ue for or otherwise collect the
<br />rents, issues and profits thereof, including tlr•tie past due and unpaid, and apply the
<br />name, less cusrs and expenses of operation and collection. Including attornev fees, upon
<br />.anv lndebtednvrea secured hereby, all In stvo order as Beneficiar: ra: determine. The
<br />entering upon and takLng possession of the trust cstatL. the collection of such rents,
<br />issues and profits and application thereof as aforesaid shall not cure or waive any de-
<br />fault or notice of default hereunder or invalidate anv act and in response to such de-
<br />fault or pursuant to such norire of default and, r. twirhstanding the continuance in
<br />possessfon of the properry or the cnllt•ction, rersipt :Inc ai:pll -atton of rents, Issues
<br />er t,rr- fit; +, Trustee or IiMcficlary n—v h,. entlrled to, exercise ever: right provided for
<br />1.r. am of the Ina.^, i.n :- :trmnents :>r b': law ,;p :m - .. : :rren :c anv ".ent of default, . "v-
<br />,".,;dinrs the right te, cxerctse the pour ,:f .;ale;
<br />(b) to:maeace an action to foreclose Ants Deed of Trust as a rortgagc, appoint
<br />a r ?reiver, or -ipcctft; :.all-: .•nt'urcr any c,. ...., c,rveriants n,arcof:
<br />: ... .. :rr t. :r :era e, ::chic!: •..•. :I :arat!on default :and demand for sale,
<br />and a writcer, nr,tic. e.'of default and cler t. ion :o cause ir—tor -'= tnterr : +t in the property
<br />to ,r —Id, uhic+a 1E ICI' !rust- shall cause be ..ul•: Itlt•d for r— ,rd In the official
<br />records of Ow raunty In which th- propert-: I,; lxated.
<br />1B. iorecl<)rrur- by Power of Sale. 4hcsld sen.•fit La r; el--t t.: f,.. _ : :'o— by ,-xere(se of the power
<br />•;a;r her,1n ,.ntufn,d, Ilenef.i.!ar; ,[..all : :oU fti Truster and =Hall d ,sit with this Deed of
<br />dad t .a. .:n. ._., .e, , ,n :1 . !J,., vt rxt'endl u.r -7 aerie and �a..,.r ! hors :b•: Trtuaree
<br />ma', requ.tre, an•3 upon i -pies[ t;�, 5enei t "terry, t,:,. r ,.. ,.a:. for r, d, In the Reglst,,•r
<br />cd lieldb offiCC in the :;,.ts,t; wtscre thl i ,ert i,: -+. cd, ., n,,tt.e derauic, - :siting forth the
<br />[•.date of the Trus;tur, .tae �i•.a„F vid i'a,e r ; ; ;,etulent t ,f tS:!s ,a c,i of coca .i� recorded In sald
<br />Reg1...er of :>erc; .�l :.,. the I,aj :al de.;..r!pt.! -i, lop.. ,! : :ve -Jt! _. .,r,d real -.,tats and tiaat a breach
<br />of an ohAgatlin, ::t :t.. ^: a,ala reel .^trasa vas c.v. ;,•,i .,, :r!tv, •a, ,a ur: J, :and - ;etfdn.g forth
<br />toe nat.,!re r,e quip b ac.•. and the 3r,..ts,•' - ,. ... .. .L o .sit i real •.t ,at, t:• ,t!sf•: the obligation:
<br />and .after r ?.s lap.%e ,f n.,it . °"an r _ 'i. `,�; ..... •.r :a :l :.ICI written not l -:, c,f the time
<br />and ,nl.aa.s ..f sale er.•ic'•i ^erar be ,-- ta.•...t .. ra.m. .mdr :it ,. ;ire 1.. . , or at. :he Courthouse in
<br />Cite Count': •.•h,rtAn ='era. -!� pre :,perar is i:.,.atsd, .fe:.rrlh lnr. t., ; :rc!r, -r r.v r:r. hs`sr.ld by its legal descrip-
<br />.lon, maid nottre t� -•,r bii�hea Ih r oaa. cr ..cal .trr;Iatnn in the Cron:- •ilvreln eur!a
<br />property to ateC, :•n.1 w ck for .eiw• i S ..., a. , reek.:, the last pit- I Lcat ion to he at least
<br />ter. 00) 'I.vN, but f:,t m„rs _,,.r. tefrr; ia:i1 oar t•r f :•r t:,v sa:s; anh ..u. 'Trustee shall then dell
<br />said pt perty at the !tit,. . In tip o,-A., In the rn.uan :rr carcvided by law In effect
<br />at tit,: tille. of filing r.akl n,.r! :s .a t. at :11. au,.t ion t t)idder for . :.i,h and Shall deliver
<br />to euc t; par .t,a a.rr s red t. rt' .� ;. ai. • 0_11. +;Al..,. 11th tit l.aw in etfact . etc the time.
<br />(?pmi receipt of !!,v Grr '1i:; 1rc.4tv!. :-1-al1 &-Il -,.r tun nurt9,ase, Tr•.,.,tae'. deed cotaveying tine
<br />property •told. F—It.alf, In ': rta.ras s der.! !.ha.l he nrlma 'a: !e evident". ,.f thustruth of tine state -
<br />ments made tiwretn. Truutec whail ap!>f th, procea. of too sale in the: iollowir.g order: fa) to all
<br />reasonable c. t and txt al n..tulin,t tut ,r limited to, frustec s fees of not more
<br />than 3.0 of t.:e g. maei , r.cc, t - -oabl, ate"Me, tee., and r. ost, of title rvldrn.. (b) to al .l
<br />staff ecur,•d *.v this wvd. of :7u :,q anel I,) Olt, execs, if anv, to the per -on it persons legally en-
<br />titled t.. reto. Are: i•c r :, :;ro, .n 1,i_!!n,t snsfl,- i :vr :•, mew ;1ure:.ta.ase said property at -{aid sale.
<br />The person «,n :i u..c tiig tip •aaai.• may. fr,r :anv .: a,v,c he rir stn deems expedient, ooi.tpone the wale from
<br />Cleo to ttma wat11 It *,e411. ..,e4:1—red aid, in eves -u,at rase, noricc of pontponersent shall c- givsn
<br />iay p,risli: der ta[.a ict ti,el :r'c' : such prison at t';e time and pla,e 1a.st oppoinred for the z:ale: pro -
<br />vided, ii tl,e sa g pn'itp,vted• far loo,ior ,hen _.ne t I ) ,1,,, bevoud the :fate designated In tin- mat ire• of
<br />vale. r.r,ti,c Meret,l s,.a 1.1 'ere 1?.tv,•n In the: sac_ ^au,ner as Itae urlglnal n;atlie :-f sale.
<br />14. Rviaedle" %,it Y.xct,ualve. Trustee and Bene!1,, Lary, and each of Llwm, s,halI be entlt led t,, -n-
<br />f,:rce payment and pee tnrasancc „f :any indebtedne— ,r ibligat 1 -i h,ore!v and tc exercise all rights
<br />and txrwnys under tfas De d of tr,utt or a idf -r an•+ l.:,an tnstrumivnt or ,.ther ngrevment or anv laws now or
<br />hereafter en:,,rs:ed, n,atvttl :dtandnig aurae a;r alt of cite 1rdebteduvr,i anti ohllp•atlous ,as,ured herehv
<br />.eh 9wav .rr. fir -r :. ....t' r .".crtyap.-, J,. i ir,r.t L,d Ba. lion. axatR11
<br />meat. err utherwlne. %rithure. he acceptance .af th1» Decd ofclraaht. iior ii, snf :•rcement, OnIther by court
<br />action of pursuant to the 1,wer If t41i, e.r other i >,iwvrw herein — iitafnvd, vh,all preiu•.it,-e or to ant
<br />wmaor affect. Trultee'v ur iienrflc ldry'a tight to re -aliz- up,m or Ina, other sevuritY now .1r ha re
<br />after hold by Pru, +l., •err Un „ficlarv, it being drtrred th.:at bras(•,- and !tonef lrlarv, and zach of Them.
<br />ahstI h. antic xi tr for a this lintel I [runt dt 1 an tt t at it, no, or t r aft.,r to,ld rho. ti n
<br />L t• 4nrg .,r Taal in n 1 i r Ind niAnTrr as titev. r ft r R.m as In th a lot fi r f +n
<br />,Sol asretne:. Na, r,.ae,t, ere Pe to ..^n °.erred ir„m yr t, se +, -v. ,! t,: rr„ err �, %f 1.:Jar t+
<br />+iaslva u£ Nary •mot `gar r.•.vn'<f'a �rsha err 1., kau t,v!}, .. r ,et- it r-1, - ,. *, nh,ii ,urn lotI,, an't
<br />r, ,,all rs• 9ya ada!tr Lan r:. over: !,1,T r.traly c,.t urn 6er.••.ir ;err .:t !. :u r ,.,r,.. :a!tsr ,zi -t !?; ti: .err 1:a1 or to
<br />ear e.tY :.r f.r at 0t :.ter- N.rowrt- ;=nvwr ::•r rurtaed v' p'1vm•, -ant f -, ,. +,vn ! -a t r•:�rnt !.: 'r nta•s r tleno-
<br />!t:fst. .•r t, ^ :i!, cLr :,art .,sr ,rxnc r n, t.r.... ,.r!i!i•-el .,.,. � ar. . „ m. ..n.. !,
<br />.rxtYv, Sras :9rms .. e1:zti.:, a!t:I 'e, r, aw !�•, ! -E rod. r. �1 -. it .,. r :.... , :err ,,. .�f;..rt ,
<br />,. ., .0 .,. ki•.,.. ;tr. „,. •a,..
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