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<br /> LeneEiciary in 00[i1l0Ct�.Al1 W�Gj'1 GK811COY�HtOY, �Q,cu ier� t�Y thia x t���tt x u£oxennid ov�nto �;,
<br /> �}�w l l h n a d d i t i r�n a l i n�i c U C e d.n e�s �f G r a n Y
<br /> R�!lhQ�R�' F(b�tECIA5URE. The nccurrence of any
<br /> �:
<br /> �,Q. �`VL�NSC O�i DREAULT� ACCELERAI'IL21�N; , _—-
<br /> ons ox tnore of �he fo�lo�wing evenr.e sAa1I cor�uC9.r.uCe an event of de£ault under thie _
<br /> Iy�ae�tu:��t: (3.) t�ie �cceerr.ence o�' any ovon4 0£ d9�fau�t dofined in cho Note or in any othar c__.
<br /> in�Cru�ent ev�.dencit�g Qx aecuxin� tbe Indebcednese (s "Loan Documen�"); or (2) �Iia i�raaci�
<br /> or violetion of any covennn.r, ax cond�tion set !'or,Gt� !.n tl�is Inatrum�nr. end the failura to
<br /> ra�edr such brench ax vi.�laCion.within. ths pox�.oc� p�:n'�id�d in this Inatrumonr, or, if no such
<br /> period is epecified. viChin th�rty d.�.ya aftex Bc�nR£i��t�ny dol�vers written notiae thereo£
<br /> co Grantox eieher by rsgi�tesed or. carciFiad U.S. M.ail cPc►livery or by p�rsone�. dalivery to
<br /> an Offi.ceax o£ the G�sntor. Upon the occurzenc:A o� rir�y event of dofuu].c under the covenants �
<br /> or nonditi.one af Che Note, thie Instrwnant. ox nny other Y.�oan Document (including tk�n
<br /> expiration of any cuse p0riod pxacedent co euch avcxnr, of default taking effect), Beneficiary
<br /> may decl�re the Inda3btednass Co be d�r� and prtywlale, and tho st�me shall thereu�on hecome dua
<br /> and payab�.e wieha�t.0 any preaentment. d.�emnxid., pzQtesr., or notice o£ an�• kind. T'hareafter
<br /> Che Bene£iciary mey�
<br /> (a) Ei�:i��x �zl�Araon a;: by a��n�. �riCh ox without brit�;ing nny aation or praceeding,
<br /> or by a raceiver a(��oiaited by a Cou.�:t �nd wi.thour, rmgarci to tho adequacy of its s�eaurity,
<br /> entex upon and Cake posrtessioa o£ cl�.�s Pt�upRxty, or any pnre thoreof. in iCs own name or in
<br /> the narna o£ Truatee. and d.o ar+.y acC� whtch ic ct�sems noceseAry or desirable to proAerve Che
<br /> valus, mar,katabi3lty or renCab311ty o£ thce• Prapt�rCy� or part thereof, or interas� therain�
<br /> increaeA Che income there£rom or proCecC t:hn �a�uziCy hereof, and with or without taking
<br /> posgesaion of the Property, sue £�x ar. oClierwi.se collect the rants, issues and profits
<br /> Chereof. including those paet da.o and:uiipaid, and apply the san�e, lesa costs and expanses
<br /> o€ o�saral:ion and co�.lectian, inalud:lx�� �tCorney's fees. upon the Indebtodn�esa, all in such
<br /> ordar ss 8eneficia�y mny ditr.ermine. The entering upon and taking possession o£ the
<br /> Praperty, ttie call�ation oi� o�•ct� re�ta� isaues and profits and L•he npplication thereof as
<br /> �uL�aesaiM, oYs��! n�s« ��o nr vuive any dafault or pursuant to auch notice of default; and
<br /> • t�o�+ithetandinp the canr,inuance in Z�oseeseion o£ the Property or the c:ollection, receipc
<br /> � and applicstion of rec��:s, iASUea or profi.ta. Trustee or Boneficiary e�a1.1 be c:ntitled to
<br /> . exerciao every right provided f.or i� any of ehe L�An Documents or by law upon �he occurrenae �
<br /> of e►ny �'�ant of default, including the righC Co axercise �he pnwer o£ sele;
<br /> (b) Com�enae an r�cCian to �orecloae this In�trume�t ae a mor�g�g,x+, appoinC a
<br /> receivex, or apeci£ically enforco any of the covenants hereof; or
<br /> {�;) Deliver to Trustee (i) a written doclaretion �f deFaul� and deraaad for aala;
<br /> •�nd (ii) a written notice of defaule and elaction to csuse Grantor's in�erest in the
<br /> • �roperty to be sold, which notice Trustee shall cauae to be duly fil�d fur xeaord iri the
<br />-- � ���ippropriate Of£A.cial Recorda of the Count:y in which cho Property ia locr3.t�d.
<br /> , •,. . .
<br /> Shculd Her.eficiaYy elect to foreclose by exercise of the Power of Sale harein
<br /> contsi�ite�tl•; Be�te£iciary shall notify T�uatee ancl sht►11 dapogir, with Truste�e �hia lns+ttiwwe:�t
<br /> and t�;a�Nato and r�uch x�ceipta and �videnGe o£ expendl�tearaa made gnd seoured hnxeby as
<br /> Txuste� t��sy requ�rae.
<br /> � Upon receipe o£ such notice from Beneficiary� x�asree shall caua� to be
<br /> xncarcke•c1, publi,ohed and delivered to Grantor such No�ice of Det�u:l�t and No�ice of Salm a�
<br /> then r•ni�uirad by larr ax►d thia lnstrument. Trustee sha].1, wiChout @emand on Grantor, after
<br /> ru�h �ime a� nay then be required by 1aw and afteY recorda�ion of such No4:ice af T�fault
<br /> and e�r;�er Notice of Smle having been given as r.equired by lAw. sell zhe Properr.y eC the time
<br /> and p�.at�'a of sale fixad by it in such Notice o� Sale, either as a whole, dr in separste loCq
<br /> or parcels ar iteaas as Trustee shall deem expedic�nt� and in such order as it �nay detR�'m1.ne,
<br /> at putelic auction to the hiEylzest hidder for caeh. in lawful money of the Unitod Stm'ces.
<br /> pxysbZe at thR time of enle. Trustee shall deliver to eucl� purchaser or purchasers ther�of,
<br /> its good and suf£iclent deed or deeds, conveying tlie property sa sold, but wit�►out any
<br /> Covenax�e or warranty, expre�� or implied. The recitals in such deod o£ any matCers or ��c:ts ,
<br /> � Lncludin , w.��l�out
<br /> shell be coaclusive procrf o��P the truthfulnese theraof. Any p.r:aon. g
<br /> limitation, Grantor, Truste9� and Boneficiary, may purchase at such sale, and Grantor hercby
<br /> aavenants to warrc{nt and defend tli� title of such purcha3er or purchusers.
<br /> �t.,.,.. anv natA of ehe Yronertv under this Deed of Trust whether undor Che assent Co
<br /> �r_" �-� -
<br /> a doc�cee� tho power of sale� or by equitable foraclosure, the procoeds of suia snaai oe
<br /> applied to Che following claims� cost�, and obligation in ttie following priority: (1) all
<br /> costa ond expenses of obtaining possession o£ the Prope�ty and of selling the Prope�cty,
<br /> includin� (i) coats of publishing notice of salo, (ii) coeta of pracurittg a se�rch of titlo
<br /> or other necessary evidence of titlu, (iii) the r,oat af r�ny revenue stamps ar oCher costs
<br /> -° of conveying title chargeable to �he Trustee nr Bonoficiary, (iv) raasonabla attorney fee�
<br /> ,..�_.a ,-...�rl,arn lnpr, And v) tlie COSt
<br /> and c�nmuiasion to thk! '�Yt16Cee� t0 tRte eXtBCti. �+niiva.�.�ou �'iy :Ft��-'r----- �
<br /> of any �udicial proceedings; (2) all taxao and nsseasments� rents and prior liens Chereon
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