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<br />85- 005860
<br />the loan instruments or by -!-,w upon occur-
<br />rence of any event of default, including the
<br />right to exercise the power of sale;
<br />(h) commence an action to foreclose
<br />this Deed of Trust as a mortgage, appoint a
<br />receiver, or specifically enforce any of the
<br />covenants hereof;
<br />(c) deliver to Trustee a written
<br />declaration of default en(:] demand for sale,
<br />and a written notice of default and election
<br />to cause Trustor's interest in the property
<br />to be sold, which notice Trustee shall cause
<br />to he duly filed for record in the official
<br />records of the county in which the property
<br />is located.
<br />12. Fgrecicsure b•,,, Power. of S.Zllle.. of Peneficiary elect
<br />to lr-,reclose Inv exercise of the i!7)ower of sale ccrtained,
<br />i3eneficiary shall notify Trustee and shall deposit with Trustee
<br />e �- F
<br />this Deed of True'.: and the note and such -eceints and evi_,-jenc
<br />r "7. s
<br />_t - 7 r-c-uire, and
<br />expenditures made and secured hereloy ee maN
<br />upon or
<br />recuest -)-' the Benefliciary, hr, I_Iruistee r;hal - - I
<br />record, in the Coiinty where i-hc property I's locantoei., a notice of
<br />default, setting forth the name o he f t Tru th_e Bnol� and Page
<br />sro -
<br />or Document No. t;%is Deed oi Trust. as recorded? --in e Count%,
<br />the legal description of the above—lescribed I-eal, estate ane, that
<br />a breach of an oblivation, .`or 1•.11;_iCh said -ca--, estate war; conveyed
<br />as security, has occurred, and settincT the nature of such
<br />breach and the Trustee's election to sell estZ.-tr,' 0
<br />satisfy the obligation and shall maill cop?. c'.`_' of Such 71ct:-ce i,.-.
<br />the manner nres='Pod by avlr,14cable �aw I s t o r zi :-,d to such
<br />other persons prescribed by applicable law. ja-)s_2 of
<br />such time as may be required by appli-cah-le Trustee shal.' -
<br />aive written notice of the time and ' place c,, sale to the per7ons-
<br />and in the manner prescribed by law,
<br />property to be sold by it= legal description, ai notice, alsc t-
<br />he -ublished in a riew5paper of general circa lation County
<br />-where-in such property is incated, at one times anri -in the 2 C, n
<br />r then ., _cll Faid
<br />reauired law; and I _ :�:toe he
<br />property, at the time and place (1c,;icnatc-C, :n no-tire, -;-,I th(--
<br />aw in e -D� lj
<br />.anner provider hv I m
<br />notice, it pub! it auction to �11(-_ 1' ql-c,.r t hi"' Ier for
<br />shall rleli%,er !-n �7Licn purch-a- f -) c cc; ht rip :_
<br />Cop,34Stent Wi- -, 1-nw in cf-fecl- _i`- -,:,he
<br />,Tpon pay
<br />ment of tl: ,, I('C
<br />1 11,2
<br />to t1he "Dutrn'Ic-'er, Tru_�tee'�
<br />0 � s - j -_ �_, rl-la
<br />1d. Reci+-als ir. he Trust.(,(,'i-� decd sh&' IDc
<br />ler , truth of ma�-Ie
<br />,
<br />?one 04P �hr j
<br />apply the -)f th(� sale he tr,
<br />a!' L r - " asonable costs and cx.,,
<br />tj-(�, in.-,-,(i�,�,-,-
<br />linlited tcl, Trustc-el-.; 'ees ,_)f nr- ,t
<br />7ale price, n C!-
<br />b) to a11 sums secured 11v thil-I
<br />.,rust;
<br />E!Xcess, i� an-, t,? ner`-_,n -,r z '.1 ,,
<br />1. C., t: o
<br />Anv person, inClUrIl.i ''(T Pelle . '1 _;r';.', m'' p r sr p(, r ry
<br />The' person s-n,11-C Tllav,
<br />,leems expedient, postpone thr �zi 14? om- t. im , mt- _-mt-
<br />shall be co-mipleted and, in every Stich ne, t, postpone-
<br />,T!ent shall, Le qiven by public '_hereof h', u person
<br />at t!', tiT,ne, and place last appnini-ofl for th- ..:t'. ; if
<br />the saIQ is postpone(', for longer )rle fl) t 0
<br />,.-F. i qna td'd in the, notice rf rial I,, nn� C Q
<br />I t �IMO Tf'!,-i r, r�c r a ,,: the o r i. cr ' nji
<br />1,,I*v-,I,( I i :-I; 1%-,T'1,111,�-
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