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r 84....; .~7 ~, this Trust Deed may, at Lender's option, be declIanid immediately due end peyIbIe if (1)B~ iSI _ tMllftlp end ..lis Of' IIISigns byllflY mRfIS whatsoever IIfIY pannenhip intenlSt, or 121 if ~ it I ~ end 80mIwer or i. perentcorportllion seIts or IIISigns by IIfIY mRfIS whatsoev.. . .... ,<arm.. of the ~atio1, 01' parent ClNPOlatfon 01' if said ISo1ToMr 01' its parent ~~'in anotMr~Ol' IIl1ltY. OI'(3) if ISo1ToMr is aCOf1)Ol'lttonIllClthe.- isac:hllllga~~ bars of the IoeFd of onctert of the~ or 1. parent COIllOI'8tion. 01' 441 if~I'lS there is a'" in the penon ofChlef Exacutift Offlcerof said corporat1olloritt~~ot. shall haw. WIived such option to accelerate if, prior to the ..... transfer 01' conveyenoa. ~; whom the property is to be sold or transferred rNCh ..._..ent in writing t.natthe~~f~ fectoly to 1enefIa.rv IIICI t.nat the in_ peyIbIe on the wms teCUred bythlsTl'UItOlllt.tietii~ IIteneficllll'Y IhelI rtqUGIt. " .' . 12. ~ upon o.fautt; Remedies; Sale. Upon defallt by TNItOr in theJllynttfttofOr<.....~- of the mmslllCl ~ of the Note. or any NMwtIIs, modifications or .tansionItheaIof'~",~of any o1her ~ ...... hereby 01' in the performanca of any of the covananuOl'....IIt.~ldlIr. ,,1IfIcMry may declare all sums _nIlf "-by Immedletely due end payable and 1he -- ....1Ihw~ bIlIDlM due end .... without rx-tmant. demand. proteSt 01' notice of any kind. TherwfW.~ntlYdaNlrIrto T.".. a wrinln declaratlon of default and dernencl for sale. Trustee shall have the pOwer of _,of thePi'Gptrty IIICI if hneficiary decldes the PrOl*tY is to be sold it shall deposit with Trusteettlis Trust Deedand1heHote or notes and any other cIocumen.lIVidencint expenditures secured hereby, and shall deliver to TI'Uttee a writWlllOtlce of default and elec:tion to CilUse the Property to be sold. and Trustee, in turn. shall prepare a simil. notice in the form required by law. which shall be duly filed for record by Trustee. lal After the lapIlI of such time as may be required by law following the recordation of Notlce of Default, end Notice of Default and Notice of SaI. having been given as required by law, Trustee. without demand on Trustor. shall sell the Property in one or more parcels and in such 0RIer as TruttW may determine on the date and at the time end place designated in said Notice of SIte. at puOlic auction to the hithest bidder. the purctme price peyWie in oash in IllW1v1,mMI1Lo.i.rtmJJni1ldJiUtlu.t.t!lIL.tiI'M..of.JIU...I.hLgenon condueting the ..... mey for any ClUte he or sha a.ms IIXpedient. postpOne the sale from time to time until it shall be COI1lt)leted and. in lIVIrY such cue, notice of IlO$tPOllIIMnt shell be given by public decII- ration thereof by such person at the time anct place tast awointed for the ....; provided. if the .... is J)OStPOl lid for 'onger then one 01 day beyond the day designlIted in the Notice of Sal.. notice thereof shall be given in the same manner as the original Notice of Sale. Trustee shall lIXecutlll end deliver to the purchaser in Deed conveying the Property so sokl. but without any covenant or warranty, express. or implied. The recitals in the Deed of any matms or fac:u shall be conclusive proof of the trUthfulness thereof. Any penon. including without limitation Beneficiary or Trustee. may purchase at the sale. Ibl When Trustee sells pursulnt to the powers herein. Trustee shell apply the proceeds of the sale to payment of the costs and expen_ of exercising the power of sale end of the sale. including. without limitation. the payment of Trustee's Fees incurred. which Trustee's Fees shall not in the aggrIgIte exceed the sum of Five Hundred and No/l00 (S500.001 plus 1/2 of 1% of the amount secured hereby and remeining unpaid and then to the items sat forth in SUOperagraph Icl hereof in the order therein stated. Ic) After paying the items specified in subparegrapl1lb). if the sale is by Trustee. or the proper court end other costs of foreclosure and sale if the sale is pursuant to judlcial foreclosure, the IlfOCeeds of sale shell be applied in the ordllr stated below to the payment of: 111 Cost of any evidence of title procured in connection with such sale end of eny reve- nue reqll ired to be peid; (21 All SUfn1I then ....red hefeby; (31 The remeinder. if any, to the person legally entitled thereto. 13. ~~ ~ Instruments. Trustor, lit iU expense. will execute and deliw.. to the Benefieilll'Y. ~y """ demtnd. SIlch securitY int(rumenu iII5 rTlIY be required by Benefieilll'Y. in form and substance satis. fIlI1lHV to IMtflcWv, ~ IIfIY of the Property conveyed by this Trust Dted. which teCllrity instruments .... liII ...ti04_ lIiIIlIffly for TfUstoI'" faithful performenc:e of till of the terms. covenanu and concIitions of this Trust OM. the ~rv notes _ed Imeby, and any othlll' securitY instrumenn executlld in connection with .. tfansutla .. IuctI inttrumems thefl be reoorded or filed at Trustor'. expenw. 14. ~ of ~ T~. Beneficiary may. from time to time. by a written instrument exe. w_ end MM~ by BenefielllfY. milled to TMtor end recorded in the county or counties In which the ~ it __ and by oth<<mi. ~Iying with the provisions of the lIIlPl"*"e 1_ of the State of NllbtiII5M ~ a __, or '~If' the Trustee FIlmed herein 01' actifl1l her~. L U~. ~l~ ~y, 01' it'~ 8911"tJ. r~t8tivfl or workmen, are IIYthonloo to entef at ftIlV r~ t_ ~ or H'I IIfIY J*'t of the Property fOl' the pumme 01 in~ng the same and tOl' the purJlOd of ~ any of the _I it is aumorilelll to PlIfform undef the l:efms of ther,yst Deed. F4ft ,1 /lM p. <4 01 6 I'............. "'. .-J