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<br /> due �hioh Truetc+o nr Bonoficinr.y d�om szecec�aary �x appraprir�Ge Co a (3) nl). nuraa a�ivt�rir,eeA �.
<br /> by Beneficfary ox Tru�tee to opera�e or preeerve the Property or ns och�zuri.r�� pr.oWida� in _
<br /> th9.s insttuit:e�nt, incL�i��.np intereYe eecr�!ect �;/1f31:tlUil e� triW Cantrrsct P.atc: cx !?s£s+.!l.t F�tA, `
<br /> as appllnable� (4) all accruad but unpaid intoree� on the Yndc+beadne�s uC th� Gnn.rrar,C ?t�ae �
<br /> or Defaul� Rate, ae and when spplicable; (S) Cho outsCandi.ng pYinclpal bal.nnr,e of,tk�e _
<br />' Indebtednass; (6) th� unp�id bnlnncna �� nny o�hor auts�und�ng lf.one oncumherin(� thA c_,;
<br /> Propexty in aacordance Wi.th their pxiority uiider appliaable law; and (7) any remaLnin.g --
<br /> surplus to be puid to Grantor or Co any persan enCitled thero�o upon tho aurrender and
<br /> delivery to Che purchaser of possosaion o£ th� Propetcty� hereunder, lesa thg expenae, i€
<br /> any, of obtaining posRession of the Property.
<br /> Upon any t►ale or sale� of Ch�a Propez'ty made by vixeue of the remedies resexvadl in thi.a �
<br /> section, whether made under the pawer a�f sale hexei.n granteaQnefi iury mny bid�fo��and
<br /> proaeedinga or a �udgm.ea�r, or�decreo af forecloaure and aale,
<br /> aaquixo the Property or. �y part therea£ and, in lieu of pr�yin� caah thorefnr, rGny make
<br /> sntt2em�nt for the purc���:��c� price by crediting upon th� Indabtsdness tbe net sn1�p pzice
<br /> for such purchase reasining after doduccing therefrom the priority payu�onr, items �(ly tt►zouQh
<br /> (4) described above tn tt►is section. In Che event of. auch purcheae by tIu! Bena£itiury. n
<br /> true copy af. the N'ote certified by Bene€iciary shnll be deliverpd to the ���reon caxrd.�actir►a
<br /> sucin ��3� t� effectual•e such cre�lit egainat the �sale price.
<br />- �f� Grarxor remains in p4u�a�assion of tho Proporty aftex the P�:�a.�:xty is sold as
<br /> provicler� above, c+s Han�f3.ciaxy mtr?n�ise becomes entitled Co possession o:� �t�e Property up�n
<br /> defau3.r u€ G�antar, Gr^r„t�� ��:a�'� �='^^""' ? rwnant ut will o£ B�neficisr,y �r tha purchasex
<br /> o£ tbe �roperty and sknn•11, at Benefiriary's option, eithc�L �(Q.) �ay a xeaeonahla rental for _
<br /> the use of the Prope�r2y, or (.b) vacats tho Proporty i�mz�d`Lately upon tfio d¢mand of
<br /> Sene�iciary. •
<br /> Txustae end Beneficiary� and esch of them, shall 1�►� �nt�.tled to enforce paya+ant and
<br /> pezfora�nce oY the I[tae'vi.ouiwoe sr.8 tc sxer°_i°e e11 ri¢hta an�1 vowars under th�.s It��*rwnent
<br /> or y�nder any I.oan Documgs�t or oCher agreement or Nny lawz� asow or hereafter in force,
<br /> �to�viithm�snd�s�, soa�e or all of suah Indebtedneas may cuow or hexeaSter be otherwise .seaured,
<br /> wl�et�h�x by ceartgage� deed of truest, pledge, lien, ass3�nmenC• ¢�r otl�er.�i�e. Neithesr the
<br /> accept�►nce of this Instxumont nor i�tg en£orcement whothor by �a�urt aeti�Gn ar pursuant to
<br /> the,powar o£ sale or or.t-eer powers herein contained, shall preju�cl3�ce or in any manne;r aEfecx
<br /> Txuexae's or Beneficfa.�y`� right to realize upon or enforce any other secur3� n�w or
<br /> herou£ter held by Trustee or BeneEiciary, iL bei�g agreed that�Txustee and Betie£ia�a►ry, and
<br /> eaah of thes, shxll be ontitled to enforce this Instrument and.any other security nox or
<br /> herea�tar held by Beneficiary or Trustee. in such order and manner as they or aithar o£ thes
<br /> �sy in their abaolute discration determine. IJo remedy he�eln conferrad upen or reserved
<br /> to Trustae or Senefici�ry ie intanded to Ue exclusive of any other remedy herein or by laK
<br /> provicLed or pernitted� but each sha12 be cweulative and ahall be in sddition to oxa�y other
<br /> xa�dy given hexeunder or now or. hereafter exist!ng ae law or in equ�iGy ox •by. Statut�.
<br /> � Evary poWef ��.��o�ady Qivcn by nn� of the Iroan Docuraenes Co Trustee or �at►t►fici4�'y or to
<br /> ifiich either of tham �r.ay be otherrrise eneitled, ra�y be exerci�ed, aancurr�nely or
<br /> fndependently. £roa tS:ma to time, and a3 u�zen as may be deemed expedient by T.xuctoe or
<br /> Heneficinry; end ei�h�s �f them may p��sue 3�aansis��nt remodies. Nothing hereir� sh+�ll b�e
<br /> conatrued as prohibitiscg Benefic�.ary fram seekqa�$. � �a�iciency �udgment against the,:�Graneor
<br /> �o the exCenC such aotion ie permitted by law.
<br /> 2Q, PR��ECTI02� OF BENEEICIAItY'S ���URITY; INOEMNIFICATION. 't£ Grantor .faila tu
<br /> pe�f�orw the cQVeiian�s ��nnd agreemente cor�za7.ned in this Instrument or if any act�.on ot
<br /> p�aca�ding is �con�uencm8 wbxch affects the Pro�erty ar title thareeo ox the i;�tsreat o£
<br /> Beneficiary Ghereir�. iacluding, but no� lim3ted to, eminectt domei�x, insolvet�ay� code
<br /> � �;s�x+YCea�ent� or arra��am�nts or proceedings involvin� a bankrupt or d�e�edene� Chen, at
<br /> DenBiEiciary's option. L�c�neficiary may msk� such eppearances, diabur.se auch oums and take
<br /> suclta actions ns Ser���.ciary deems nece�sary. in its sole discret:Lon, tm proteet
<br /> Baneficiary'� �.ntorest heroin, including, but not limited to, �irocure entmo£ satie£ncto��
<br /> £eee, (ii) ar.az�x}r upon the Pr.operty tu mnke repaiia, nnd (iii) p
<br /> inaurance.
<br /> Any umounte disUursed by Beneficiary pursuant to this pe�ragraph 20� tognther wiCh
<br />— intierest tli�sr�on, ahall bPCOmo addie3onal indebtodness of Grantax secured b�r thia
<br /> __a a...efin�arv aaree ec� other terms of paymont, such amounC�
<br /> iA9LLUmeIIL. i�aiioeb va6u�:.: o.... �-.�------.
<br />— shall be� imxcsdiately duo c�nd payable anr� shall bec�r fnterest from the date of disburaemont
<br /> gt a rate equa� to the Default Rate� of interast set forth in thu Note. Nothing containad
<br /> in Chie para�raph 20 shall roquire Beneficiary to incur any axpen�e ar tnke any sction
<br /> ho�'ounder. GrantoY covenants and agreey to onve harmleas and indemnify the Beneficiary gnd
<br /> Che Trus�ee £rom and againsC all loasos, coats nnd exponsea, including reason�ble attorneys'.
<br />= faes, incurred by reason of �ny action. suit, or similar proceadin6 (Axcept any of Che
<br />= foregoing resulting from or attributablo to Boneficiary's willful roisconduct) in end to
<br />= which tho IIeneficiary ox thes Trustev mny be ox became a party or parties by reason af Chis
<br />= Deod of Trust or the Note.
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