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<br /> ��"� �`�: �•'. filed for record in the appropriata Official Rocorde of the County in whiah
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<br /> �ti��.:' . tho TiuRt Betato is lxatod.
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<br /> � � ' .•: 11. FORECIASURE BY POWBR QE �;, 9haulcl Beneficiery elect to _��
<br /> � �� foreclase b exere se o zne rower os a�al�a harein contained, Benefiaiary shall
<br /> ; ..;, , • notify Trus�ee and ahall deposit wittt,T�uptea this Ueed of Trust and the Note __.
<br /> . ''"�'n� and such reaeipts and ovidenao of exp�ndituKV�� �uade end seaured h�reby ae
<br /> � ��'✓? � ! Truotee may require.
<br /> • : ,'i�:....:..`-,,; -: e�_ - ° -..
<br /> •�:: � (a) Upon reaeipt of suoh �ati�a frcro�,Beneficiary, Trustee shall cause
<br /> to be recorded, published and delivqrad to Truator euch Notice of Default and
<br /> � � � Notice of Sale as then required by l�w and by thi.s Deed of Truet. Trustea
<br /> ,���;,�; .; � shall, withaut demand on Tru�tar a�ter suah ti,me as may then be required by
<br /> � lew and after recordation of sua�i.Natloe of Qefmult and after Notice of Sale
<br />;;;'�, � • having been gfven as required.by� law eall tha Truet Estate at the time and
<br /> - • • plece of eale fixed by it in suah,Na�lae of 9ele either as a whole, or in
<br /> '--'' ' separate lots or parcels or item as .Tz�uatee aha�l deem exPedient, and in such _
<br /> } ��.� ,,. ._ order se it may determine at p�lic auatioa to the highest bidder for caeh,
<br /> �� - = -n�, in lawful money of the Un�ted States, payahle at the time of sale. Truatee ,ii
<br /> • � ` shall deliver to such purcnaser or gurchaaars therRnf, its good and sufficient ._ _ __ -_
<br />:�:;',;� � � deed or deeds, conveying the proper.ty eo sold, but without any covenant or
<br /> waxrarity, express or implied. The recitals in such deed of any matters or
<br /> i, �;ti; �
<br /> ;,; _ facts eha1L be conclusive proof of the truthfulness thereof. AnY PQxeon,
<br /> ''� � '! . including, without limitat3on, Trustor, Trustee, and Be�eficiary, may purchase
<br />?"��''� ' at such sale, and Trustor hereby cavenante to warrant and defend the title of
<br />: � . „ • •�:?�:.;f� auch purchaser or purchaeers. =--
<br /> . ' •• _ , " ;� (b) As may be permitted by law, after deducting all coste, fees i�
<br /> expenaes of Truetee and of this Trust, including costs of eviclenae of �itle in
<br /> connection with sale Trustee ahall app ly the proceeds of sale to payment af � ..,_
<br />���� (i ell snms expende`d under the terms hereof not then repaid, with accrued .��--•-
<br /> � ' in�erest at �Z,_ percent per annum. {ii) a�l other sums then sQCUred hereby, r-::���.;.__
<br /> end (iii) the remainder, if any, to the person or pereons legally entitled ��<<-
<br /> � � .� • thereto. � ____
<br /> � �, , . ; : � (c� Trustee may, in the manner provided by law, postpone sale of all or L- - ' -
<br /> t.3_
<br />• • _ . any port on of the Trust Estate. �..._-
<br /> ' � 12. RENJBDZE3 NOT EXCLU3INE. Trustee and Benefici and each of them, ��"""""'
<br /> �Y•. s�:. a�:. ..,-,
<br /> • � i '..�.; ,, shall be en e o en orce payment and performance of any indebtedness or �}��w»� ��� -.
<br /> ��'"''`�"°::'�" obligati4ne secured hereby end to exercinn all rights artid gawers �:ndnr this a-��=---.-=_°-
<br /> � ' • ' Deed of Truet or under any Loan Instrument or other agreement or any laws now ��-- ��
<br /> � � � • or hereafter in force, notwithstanding some or all of the such indebtednese � -
<br /> � artd obligatione secured hereb may now or hereafter be otherwiae secured, "`="�`�`-="
<br /> ' � ��� whether bq mortgage, deed of �rust pledge, lien, assignment or otherwise. �:.
<br /> � � � � Neither the acceptance of this Deec� of Trust nor ite enforcement whether by , ;�• ��....ti_
<br /> court actioa or pureuant to the power of sale or otherpa wers herein ' . •
<br /> � c e n t a i n e d, s h a l l p r e j u d i c e o r i n a n y manner affect Trus�ee's or Beneficiary's f . --
<br /> right to realixe upon or enforce any other security now or hereafter held by �'
<br /> ' ; ', ' Trustee or Henefic3ary, it being agreed that Trustee and Benef iciary, and each �
<br /> of them, shall be antitled to enforce this Deed of Trust and any other ,
<br /> � ' '��'� security now or hereafter held by Beneficiary or Trustee, in such order and
<br /> ' •�`��•�'• manner as they or either of them may in their absolute discretion determine. ,�_:. •
<br /> � ' No remedy herein conferred upon or reserved to Trustee or Beneficiary ie
<br /> • � � intended to be exclusive of any other remedy herein or by law provided or �" ` .' .. 4���
<br />_ • ' '. permitted, but each shall be cumulative and shall be in addition to every � ._�-
<br /> other remed given hereunder or now or hereafter existing at law or in equity , .
<br /> ' • or by 3tatu�e. Every power or remedy given by any of the Loan Instruments to -, �°� -
<br /> �,;•,:;�>`.. Truetee or Heneficiary or to which either of them may be otherwise entitled, • • -
<br /> • • � • may be exercised concurrently or independently, from time to time, and as �`� =
<br /> ., . ,_•;�'.'i�:i••'
<br /> �• �#���" often as may be 'deemed expec7ient by Trustee or Beneficiary; and either of them ,. . _ _
<br /> J'"''� may pursue 3nconsistent remedies. Nothin herein shall be construed as '
<br /> ;..:,. '=x:._
<br /> � �� �.:.:.,i..1t:-, prohibiting Seneficiary from seeking a de�iciency �udgment against the Trustor f _ -��
<br /> • : .ir;.,, to the extent such act3on is permitted by law. . . . "�*. `"
<br /> '�,` .';} . .�;,,...
<br /> • r:.�;'._ , :
<br /> 13. REQUEST FOR NOTICE. Trustor hereby requests a copy of any notice , .'�'i:.�^'=w
<br /> ',� �'� of default,� a any no ce of sale hereunder be mailed to it ar the '�, �-c�,
<br /> � _, addrese set forth in the first paragraph of this Deed of Trust. � �,.�,�. .. :,
<br /> 14. GOVERNING LAW. This Deed of Truet shall be governed by the lawe of ' �
<br /> the state o e ras a. n the event that anp provision or clause of any of the .
<br /> Loan Instruments conflicts with applicable laws, such cnnflicts shall not ,
<br /> � affect other provisions of such Loan Instruments which can be given effect
<br /> � without the conflicting provisions; and to this end, the provisions of the
<br /> Loan instruments are declared to be severable. This instrument cannot be .
<br /> . � weived, changed, discharged, or terminated orally, but onl.y by an instrument
<br /> in writing signed by the Qarty against whom enforcement of any waiver, chang�,
<br /> , discharge or terminetion is sought.
<br /> 15. RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary
<br /> ; stating tha a sums secure ere y have been paid, and upon surrender of
<br /> , this Deed of Trust and the Note to Trustee f�r cancellation and retention and
<br /> � upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor,
<br /> � or the person or persons legally entitled therer.o, without warranty, any
<br /> portion of the Trust Estate then held hereunder. The recitals in such
<br /> _ • • ������o �.�� ^c �.. �..��rorg .,r f�rrQ gh?11 ha rnn�l�iaiva oroof of the
<br /> truthfu�nese thQreof. The grantee in any reconveyance may be described as ,
<br /> "the person or persons legally entitled thereto".
<br /> � 16. NoTICES. Whenever Benef iciary, Trustor, or Trustee shall desire to
<br /> give or se rve any notice, demand, request or other communication with respect
<br /> to this Deed of Trust, each such notice, demand, rQquost or other
<br /> cortanunication shall be in writing and shall be effective only if the same is
<br /> delivered by pers���al service cr �^iled h! cer*_if+_p� mnil, oosta4e prepaid,
<br /> return receipt requested, addressed to the address set forth at the beqinniny
<br /> of this Deed of Trust. Any party may at this time change lts address for such
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