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<br />84"'-' 006081
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<br />]0, ACCELERATION UPON DEFAULT, AUDlTIONAL REMEDIES, Should an event of default oecurBeneficial'Y
<br />ma" d(.oclal'~ all indehtn...~ ....CUl'ro h......h\' to lw dllt' and payable and the same shall ,thereupon beoomeduecandpayal>le
<br />wlti",ut an\' prl'l't'ntment, demand, prntt'!ll or notiC(. of any kind. Thereafter Beneticllu'YmaY'
<br />(i, Either in person 01' hya/lent. with or without brinj.oinl! any action or proceeding. orb~'a l'eCl!iverappointedbvacou,rt'
<br />and without reIZard U, the adequacy of il;i l!ecuriw, enter upon and take ~nof~eTl'Ullt+ .
<br />ill' own namt> orin.thenamb<!fTruslft, and do at>ya_wlrichj~d~n~ry O!'d~bl~W
<br />aoilit... or rentabiJi~' of the T!1lJ:IEsta"'" orp&rt theteQfo~ \nt.erellt thereln~increasethli.
<br />sreurln. hereof and, with or witho'..!l taking po~ of the'1l:ust r.w.e;cSWi fol'orotij
<br />profIt$'thereoi.\ncludin/l thOse 'past;dueandunpaid.and aJIPlytbesame.I~~~c .
<br />includil1ll attomeys'fees; upon any indebtedness seeured hlnby; allin>suc!i..ol'(/ill'
<br />ent.eriDf! upon and takinll possession of theTFllstEst,al.e.the collection of f!IICh rel'!ts.i
<br />thel'eofas aforesaid, shall noteureor waive any defaultornouceofdef~1dt~ct!l'ell!ltler:
<br />to such . defalllr Or pursuant to such nouC<' ofde~ult and. MtWithstaJid\n/ltJieco ..' .
<br />or the collection, receipt and application of rents. issues or profits. TnI11tee"or Be,
<br />ril!ht pm\'idoo forin any of the Loan InstJ'umentsorby law uponoccWTenceohny ..,
<br />exercise the power of sale: . , ' " , ' " .<._
<br />(n, Cl'lmmencean action to foreclose this Deed ofTnlst asa mortllageiappoint.a.receiver;O!'~y.
<br />tL.,==- -Fi'I;.~...nA~.l:. ~~f.
<br />..- iiil;'o;u';e'r-;'.T~ a written declatation of default and demand foraale.aJlda.wrlitel1iri~.of ,.'
<br />to causeTrustor'~interestin t.lu>TnIst Estate to be sold,whicl1 noticeTl'\l.l!teeJShallCa_.to'be!dlliy.fllElff~
<br />apPTopr!aw Official Records of the County in. which the Trust'Estateislocatec:L' .
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<br />11. FORECLOSURE BY POWER OF SALE, ShouldBeneficiaryelecttofortcl~by
<br />herein com:ained. Bene-ficia.t~. ~halt tJotitv Trustee and ,shaH dapo.:,;r wim_Tr~tce:w1~:'~
<br />receipts and evidence of expenditures marle and secured hereby as Trustee l1layrequire.
<br />I a 1 Upon receipt of such notice from BeneficilU')', Trustee shall cause to be recorded, pu
<br />such Notice of Default and Notice of Sale as then required by law and by lhisDeed.ofTJ'!lIILc,
<br />on T I'UStor. anenuch time as may then be required by law and aflert'E(Y.....-I9"ion.ofaucliN
<br />Sale having been !riven as required b~' law, sell theTrustEslateatth"li;",,,..:,<ipiace
<br />either as a whoie. or in separa"" lots or parceis or itemsasTfliSl"..hl& liee!n",'''pIl!!!'
<br />!!'.i.~e.,at pubLiclu~tWn to the hi~h~-t bidderthr-cafJh i~ I6wP:jj m~~{o~~..-~,Qfthp-.t)~it~M:t:=_~~~;-o~'"
<br />shall deliver to such. purchaser or pm-chasers thereofitsgooc:l and aufficientdeed of
<br />without any covenant or warrant~., express or impIJoo, The recitals in aucbdeed.ofany.
<br />proof of the truthfulness thereof, Any persotL including. without limitation, TrUstor,
<br />at such ~ and_Tcu-.m- herehy COVei"'uuits to W~<<iit a.,o defend tbe ~.ofsw;ll:..~,_ ,_ _ _-,: _____.--': ,__'_-' ,_:,_ :::~:,: _ ',' _'__<
<br />(bl As maybe permined by law. after deducting all C08ts. f_and ""pensesof~~of.~incI\idinBJ~I!.\';'
<br />of evidence of title in connection with sale, TrusU!e shall apply the proceeda of sale to paymentof(ilall8Uma~'u~~er,'
<br />the termS hereof. not then repaid, with aecured interest a~ percent (~%) per annum. (iirallotheraumsthl!l\"~/
<br />hereb)', and (ill) the remainder. if any, l<l the person 01' persorndelUlUy entitled thereto, , '. ',' ",. .."', ,.". . .
<br />Ici lrtlsJee ma~' in the manner provided by law, postpone sale of all or anyportionoftheTrustEStaRl;.
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<br />12. REMEDIES NOT EXCLUSIVE, TI'\Illtee and Beneficiary. and each of.them. shallbeenti.tledtoenforce;P8.#l!nt
<br />and performance of any indebtedn_ or oblillations 8IICUI'ed hereby and ,to exercise aU rights andpo_ftLundetctJiUt~llt
<br />TnIst or under any Loan InstrUment or other alJRl!ll1ent or any laws now orhereafterinforce,notwithatand~~~;
<br />of the such indebtedne8s and obligations secured hereby may now or hereafter be othlirwise ~whetherb~'m~.e;
<br />deed of trust. ploo~.lien. assignment or otherwise. Neither t.Iu> acceptanceofthiaDeedoofTnlatnoritBe~~l!l\t~tbet'
<br />by court action or P\lJ'8UlUlt 10 the power of sale 01' other powers herein contained.JShallpreiudi.ceoril1.any~~
<br />'lTustee'~ 01' Beneficiary's right to reali1e upon or enforce any other seeurityll\'lW or hereafter held bY'lluatlle or~II~,
<br />it baing agreed that Trustee and Beneficiary, and each of them, shall be entitled to enforeethia Deed of~tand tulY'l.lther
<br />security now or hereafter held by Beneficiary or Trustft' in sucl1 order and manner asth~ or either ofthemmay in their'
<br />abtiolule ~ d!otemline. No remedy herein confelTed upon or reserved to 1l'uateeor Beneficiary iauu.nded,to be
<br />exclusive of any other remedy herein tlI' by law provided or permitted.. but eacluhall be eumulative andlJhallbe:UtadditiQn
<br />to every othe remoo)' given hereunder or now or hereaftA!r existing at law or in equity orbystatutL Every power 6rremedy'
<br />given by any oft.lu>Loan Instnunents to 1'ruateeor Beneficiary OTto which either of them may blIotherwiae entitled. may be
<br />exercised. concurrently or mdependently, from time to time and as often as may be deemed expedient by 1'ruateeor 8en....
<br />ficiary and either of them may pUl'llue inconsistent remedies. Nothmi herein shall,be conat:ued as prohihitinll' Beneficiary
<br />from -acini a deficiency jud&ment against the Trustor to the extent 8ucl1 action is permiUd by law,
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<br />REQUEST FOR NOTICE, Trustor hereby requests a copy of any notice of defallltand that any notice of aale hereundt\r
<br />be mailed to it at the addrMs set forth in the first paragraph of thia Deed of Trust.
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<br />]4, GOVERNING LA\\', This Deed of Trust shall be governed by the laws of the State of Nelmlak.. ,In the event that
<br />any provision or clause of any of the Loan Ir>..!I!!'.!!nenta C!>r>1llCt..8 with applicable !a...... such con1!ic:t: shallllct ,affect ot.'ter
<br />provisions of such Loan InstrwneJlts whIch ca., be given effect without the conilicting provision. and to this end the pro-
<br />visions of the Loan Instroments are declared to be severable, This instrument cannot be waived, changed, discharged or
<br />terminated oraII~', but onl~' by an instrUment in writing signed by the party lIll'ainst whom enforcement of any waiver,
<br />chan~. discharge or termination is sought. .
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<br />15. RECOJ\T\'EY ANCE BY TRUSTEE. Upon ",,'ritten !'t'Queet. o.f Ben--1iciary 8ta.tingt.~atall sums sec:-.:reC hereb:.' h~v~
<br />been paic:I. and upon surrender of this Deed of Trust and the Note to Trust.ee for cancellation and retention and upon pay.
<br />ment by 1'rwItol oiTrustee's fees. Trustee &hall reconvey to Truator, 01' the person 01' persons legally entitled thereto. without
<br />warranty, an~' ponion of the Trust Estale then held herewuier. The recitals in such reconveyance of any matters 01' facts
<br />&hall be- cooc::lusive ,Proofof the .truth~ thereot T'ne grantee in any reconveyance may be described as "the person or
<br />persons legally entltJed thereto.,
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<br />]6. NOTICES, Whenev.... Beneficiary, Trustor or Truslft shall desire to give 01' serve any notice, demand. request 01'
<br />other commumcatlon Wlth respect to tillS Deed ofTTUllt, each such notice. demand. request or other communication shall be
<br />in writing and shall beetfectiv. onl~' if the same is delivered by personal service or mailed by certified mail. postage prepaid.
<br />return.-pt requested. addreS8ed. to the address. set forth at the beginning of this Deed o!Trust, Any part). ma\' al this time
<br />~hail!!;e.it8 addres.s for such notice$ by deliver(n..g- or maili..ng to tbe other parties he.-r-eto, as aforesaid. a notice of such change
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<br />17. ACCEPTANCE BY TRUSTEK Trustee accepts this Trusl when this Deed of Trust, dulv executed and acknow,
<br />ledged, is marl. a po buc reeord as provided by law,. .
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<br />IN \\1'I'J"'{ESS WHEREOF'~ Tl"~r has el!.oollted thIS D~ of Trust as of the day and year first above wrinen.
<br />TRUSTEE. Trustef' ac~epts this TrusI when this Deed of Trust, dul\' executed and acknow.
<br />l~tId. Is mag. a pubbc l'tOeOI'lI as provided by law, .
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<br />II\: WTl"N~>t" \VHRREOF T!'U$'O' h.- --IlC'.J.ted 'hl~' -. "'the dll\' ....,d ''8al fir~ aL-\. "---n
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