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<br /> 12. Accelera�ion Up�n nefeult. in the av�nt af any d�- �
<br /> fault, Bsneficlaxy may daalare all ind�at�dne�• �Raursd h�r�by to
<br /> b: du� a�d pmyabZe, and t�e ass�e shall ther�upan b�co� c�u� �ad _
<br /> payab2s without any pra��ntmant, dnmand, protast or aotia� of any
<br /> kind. Ther�after, 8enpticiary msye
<br /> (a) eithar in p�rson o� by agsat, with -
<br /> cr withaut briaging any actioa or proceeding,
<br /> or by rec�iver e►ppofmted by a court snd a�3th-
<br /> out regard ta tha adaquacy of any �acurity,
<br /> aiater upon and tdke po�ses�ioa of the prop-
<br /> �rty, or any pa►rt thereof, in its own namo or
<br /> in the na�ue of ths Tru�tae, and do any act�
<br /> which it desa►a necassary and daairabls to
<br /> preosrve tha valae, au�rkatability ar rdnt-
<br />" ability of tha prop�rty, or part thersof or
<br />= intersst therein, iaar�aae the iacwae there-
<br /> frc,� or protect tba security hereot, and,
<br /> vithout t�kiag pvase��ion of th� propertg,
<br /> �ue for or otherw3se collect ths reats, ii�- �
<br /> �ues arsd profita tlx�reof, including thoae
<br /> pa�t due aad un�d, and apply the �aa�s, l�sa
<br /> � costs an�t exps�a�es of op�ration and collec-
<br /> ' � . tica, i�rcludi�tg attornsy fsea, upon auy in- '
<br /> � dabt�cin��� oeaur�d hsr�by, all ia sucb ordor
<br />. a� Bsnef i�oiary aay detes�aine. The enteri�g
<br /> upon aad taking pos�easioa of the trust es-
<br /> tate, th� ccll�etioa of sucb r�nts, is�ues
<br /> and prof��s and applicatioa thereof as afore-
<br /> � •aid sha21 not oura or waiv� sny dsfaul�t aar
<br /> notias of default heraunder or invalidatk� ang
<br /> act and ia ras�aoaae to �ucb defaeslt or pnrsu- �
<br />� aat ta such natiae of de#ault a,acIl, notvith-
<br /> standing tha contfnuanc� ia pcsss:sina +mf tha
<br /> progert�r or the aollection, r�ceipt ax� ap-
<br /> ....
<br /> . -�-� �------�- - --�-�-=p�-I03L30A DT �TOA�a� 1<iIIes 'OZ�'v=itii� �3`'�iis– ------------- — -
<br /> t� or B�aeficiary aay be �ntitl�d to �r-
<br /> cise evezy right providad far �.a aay of the
<br /> . loan fna�trusents cr by law ugon occurr�u,ce of
<br /> aay evez►it o# default, inaludiaq ths �ri.,��t to
<br /> sxeraia� the power of �al+� .
<br /> � ' (pa� ca�aaea�e oa action te foreclose
<br /> tb�� De�al of Trust aa a mortgage, appoint e
<br />- � recefvas, or sp�cifically saforce any, sf the
<br /> c�tsnant� hareof;
<br /> • (o) delivar to Trustee 8 rrr�.tten decla-
<br /> ratiort of default aad d�tnd for sale, and a
<br /> vrittesa notica of d�fault aend �lecticra•�wo
<br /> , asus� Tru�tor'a int�r�st ia thr propartyc' to
<br /> � sold, wh�tch notice Trustee shall cau�e to
<br /> be duly filed for rec.ord ia the offia3al rec- . •
<br /> ords of the aouaty in which the property fa ,
<br /> locatad. .
<br /> 13. Ferealcssure bv Pe�wer of Sale. &�aould Haasfici��eat
<br /> to foreclost bp e2sercisa of the po�er of �ls herein coa ,
<br /> 8w�sfiofary shsll aotffy Trnst�e aad �ha�.I deposit rrith T'ru�t�
<br /> �uifi ai6@ti Di ai:aai` �Yi�i i.ub u6�@ nst� SiiGu Si6GG5�i.�,`a.G -iii 6�fa':�sa.:o va
<br /> �xp�aditures aade and sscur�d hareby aa Truata� aay r�ir�, and
<br />= upon sequest of the 8eaeficfary, the Truste� �hall fii� �or rac-
<br />� ard, in th� Register of Dseds office ia the County ahers the
<br /> proparty ia locatsd, a notfc� of d�tault, ��tting forth the naa�
<br />�� of th� Trustor, the Book and Paga or Dxutaont �To. of thfa bs�d of
<br /> � Trnst a� recarded in said Raqister of �,eeds offfcs, tlu laqal de-
<br /> �; scription of ths above-describsd real sstats and tha�t a breach of
<br /> ! an oblfq�tion, for Whioh said reial eatata vaa conveysd as �ecu-
<br /> � rity, has xcurrad, and setting forth the nature of ouola breaah '
<br /> � and t�e Trusts�s elect9.on to ssll ths r�a]. sAtate to sa�is!`y tIu
<br /> T f703.if�$LlOA j aifa SLL� �`�.fii�e iaY`s� O� ia^v� �M� �«�'�u "vsa'v �2 j svwvw�
<br /> ; ths Truste� �hall qive writtsn notiae of tbo tfae aud plac� of
<br /> 4
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