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<br /> L�
<br /> .forao eny lien or en�umbranae ox judyuients =
<br /> against the proporty 3.e oanuaeaaed.
<br /> 12. �,slsretioa Unon Dafaul�. In tha even� of any de-
<br /> tnul�, Beneric�.aacg� may dealdre e�.l indebtedneee �ae�ured hereby� to
<br /> t�a �lue ati�d �ca�aS�],e, ajzci �ize wscae ejiall �i�a�:eu�pt3 1�ec���an du� ar�d =
<br /> payabZe wittiaut any preAentment, demand, prot�et or aoticse of any
<br /> kind. �herea�ters eanefiaiary mayr =
<br /> (a) nither ia paseon or l�y age�t, with
<br /> ox without bringing nny aat.iun or proaeading,
<br /> or by rRa�3va� a��aia�ed by a �snurti and �vith-
<br /> aut reqarc� to the adequaey of any eeeurity, , -
<br /> en�er upon and �ake paaneseion of the prop-
<br /> erty, or any part ther�of, in itA own nnane or
<br /> 3.n the ndme af the Truetee, and c�o any acte
<br /> wthich it deeme nnceesary and dee�trable to
<br /> �xeeew� the value, �.nrketabilit� or rea�-
<br /> abili�y of the property, or paxt thsreof or �
<br /> in�esaet there►ia, incre�ee the iaaomo �here-
<br /> from or proteat the eeaurity herao�, and,
<br /> without �akiag pesseeeian of the property,
<br /> e�ue far or othorwiee collect tha rente�, ie-
<br /> eues and profi�s thareof, inaludinq those
<br /> paet due rixid unpaid, nnd np�ly the ean�e, lese
<br /> coete and expenees of operation and ae�llea-
<br /> tion, including attAra�ey feee, upon at�y in-
<br /> debtedn�ee secured hereby, all in such Arder
<br /> na $eaefiaidry mr�y determine. The entering
<br /> upon nnd takfnq poa�es�i.on of the trust es-
<br /> tate, the colleation of auch r�anto, i��ues
<br /> and pr�tite and applic+stfon thereof ae afore-
<br /> eeid ehall not c�ure cr waive nny default or
<br /> notiae of defr�ult hereunder or iAValidate nny
<br /> act and in responae to euch default or purou-
<br /> ant to euch no�ice of default and, notwith-
<br /> ' otanding the conicinu�x�ae in poroassion of trie
<br /> property ar the� aolleation, reaeipt end �p-
<br /> pliac►ti.cn of ren�s, iaeu�s or prafits, Trus-
<br /> t8o or Beneficiary may be entitlsd to exex-
<br /> cise every right providsd for in dny of the
<br /> loan inetrwaea�a or by lnw upon oaaurrence nf
<br /> an�► event af defaul�, inoluding the right to
<br /> ex6roiae the power of eale;
<br /> (b} aon�nence on action to foreclo�e
<br /> : this need of Truet ae a mortga�e; wn»ni,�� �.
<br /> reae�lder, os speaifically enforae nny of t�e
<br /> covenants hereof;
<br /> � (c) deliver to Truatiee a written dealn-
<br /> � ration of defeult nad demand for ee].e, and a
<br /> w�it�en notiae of defaulti and eZectii+ora ta
<br /> cause Txuetor's interest in the property to
<br /> , be, eold, whiQh no�iae �rustee ehr�ll aaus� ta
<br /> be dt�l�r filed for reaord in �hA of�icinl xee-
<br /> . ords of �he county fn whiah the property is
<br /> �oaated. _
<br /> ].3. F,,_orp�l,oeure bv Power o#_salo. Should Benofic�Lary eleat =
<br /> to forecloee by exerciea of the power oE sale herei.n contafned,
<br /> Beraef3.ciary ehall notif� Trustee and shall depoeit with Truetee
<br /> thie Doed o� T�uet and �he note and euQh rec�eints and evidence of
<br /> expendi.turee made and ePCUred hexeby ae Truntiee n►r�y require, and -
<br /> upon requeet of �he Henef3.ciary, the Truetee ehall file for rec- =
<br /> ord, in the Register of Deede office in the County where the �
<br /> property ie loc:ated, a notice nf de€ault, set�ing forth tha uama =
<br /> of the Truetor, the Book and Page or poaument No. of thig De�ed of E:
<br /> 'Y'rust ne recorded in eaid Regieter of DeedA offico, the le�gel de- �
<br /> satiption of the above-deacribed real eeta�e and that a breaah nf
<br /> Aa obliqaYion, for which enid ret�l ee�ate �wae aonveyed as �eau- �
<br /> rity, hnr oczcursed, end eetting forth the natura of euoh breach
<br /> �
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