|
.. • . N . ....:,�
<br /> _ . e�,•�fM 'y�.�p. . .. . �� _ _ _ . .
<br /> awa:��. __.._,,. _ . ._.
<br /> �L� _ -_ ___— _— ___-�.-_' . _..... _.
<br /> � --—_
<br /> ..-.��v� -,_-� - .
<br /> � � 9�� �a�s��
<br /> th� por��ntiaanaa of ichs indsbt�dn�e�• and obl.iga'tic�h�ve b en or a�Y
<br /> all pr�gaf.d xsnts and �1.1 mon�ys �han le�r�ae of the 1Prope��y•
<br /> h�rs�itsr b� d�podi�ed r+ith Trustor by Y o� a��ault in
<br /> to •eaure the �ayment ot e�ny ren� or d�eg��, and up
<br /> th� pertarmanC� o� +�iir ui �E�� prc�v�w����+ tLATAO�� Trurt D�liv sy n� _-_
<br /> �sllver �uah rent� and depo�itr �o Brnefici•s►xy.
<br /> writtAn noti.ce of Benef3aidry'w exesci�e of t th�rip�pe�tyno=°,dd�y
<br /> thi� pe�ragx+sph TAIRD to uny tanant ocscupy3.nq
<br /> �ni�.df re thtoeBeneficia�ry untilcfurth�+r noticee said tenant to paY
<br /> ��: If there shall be filed by o� aqainet the Trn,e'tor nr�y.
<br /> petiti�an or prxeedinq seekinq any arrttagement or compoeitiion or �
<br /> ex,teneion of e�ny other rel:a.e� under a� pur�ua�nt to the Federnl
<br /> &ank�uptay Code ar m�ny other,:s�n,i:lmr atatute as i� nc>w ar hex�aafter
<br /> . in eff�ct, nr i,��;t�J�e trua�.�azra �.�� ������AV�bee���e��'��terad
<br /> ' • inaolvent a�t .ttny::�o��:���us�c�►r'��� P �;�� �.�. �. .
<br /> �►r�d such decac•ee� �s�aa�.l have c�ntinu�.��,���:tsr�ii�zg�s�' �n�l.��ata�r�d io�::- �,,
<br /> . ' ' �,n��.izl�ty (90�-:;+c���r+��."�.•°*'�er the entx�. �t�i��eo�, �'h�as� t�� w}�ole�.:�c►� th1� ;::�;;
<br /> N��e� and i�debtec�:n�'pe hereby secure��.�hall� abl�u� �ptice, a� the
<br /> c�itf�n of the Bene�ficiary becoiae due r�nd pay �
<br /> �g�=. �Jpon default by Truator in the payment of °r
<br /> ' �riorm�n�s o£ the tsra►e and conditis�nr o� the Note nt of �nY
<br /> r�nsMals, �odificatian�� or executi�.one ther�of, the pay�ne
<br /> oth�r ind�bt�da��s s�ur+�d hosoby ox in th� prr�orm�n�� p! any
<br /> aqr��w�nt, covsnant or Marrunty h�r�in containad or N�t lorth in
<br /> �y �9��s�nt or ia�txu�snt �xwaut�d by Trurtor in oonn�ction al.th
<br /> .s a....�4��n4�rV saV d�Cl8Y4 t�•l •Ufll�
<br /> thi Snd�b��dh�ss ��ripy .:aus:�, L-••-___e�bli and th� s+w �ha7.l _
<br /> ��cur�ai h�reby ir�diat�ly dueabbed �hout pr�s�nt.�nt d�snd,
<br /> ther�upon beca� dua e�r�d P�x
<br /> protes� or na�ice a f a n y k i n d. Thaxeaftsr, Beneffaiary saY d�liv�r
<br /> �o Trustee a �rritten decla�zatinn of d�tault and den�and for��sa l�f
<br /> Trustme ahall h�►ve �he pow+er of �ale of ths Prop�rty _
<br /> Brn�iiaiary decides the Property is to be �rold, it shall depoh:� „
<br /> a�rith Trust�e thi� peed of trust and the ldc�t� or not�s and a�y
<br /> docwKSn�s evidencing expandi.tures sdcured hereby, and �hall deliv��e
<br /> ta� Tru�tea a written notice of dafsu7.t anc� elactioa to csuse the
<br /> Propsrty t� be dnld► and Trusti�i��n hic33 ishall be duly f£led for
<br /> x�ct,3ce in the fora� requixed by
<br /> r�::Crord by Trustee. . . , �
<br /> _. � be : raquired by la�r
<br /> (a� Aftar the lapse of such ''�� as �y
<br /> fallcrisinq the recordation of Hot3.ce of Dafaalt, an�r�y°i�Nf
<br /> Default and tiotioe of Sale hn'vi.n9 been, given as reqa
<br /> .;Fru�itee, withnut:; :,demaind on T�usto�. ehar� ttiexac�f,hin �+ap�rate
<br /> , ��isrei.�b�fore de�ec��.bad. and any irnd �very pe►
<br /> p�rGe�� px en niti���e na the Trustee sny alect atici ia suah ordor es .
<br /> �rurtde may determine on th� dat� and at th� t�s and pZace ;`,,;;%;
<br /> , de�iqnatad iz� ■aic� Notice of �r�l�, at publia auc�ion to the highaet
<br /> bidder, the purcli��e prica pe►yable in ca�h in lawful money of tha
<br /> United Statar at �the time of sale. The p�rson conduatinq tha sale
<br /> �neey� fax any cauee he or ahe deema exped3.ent, p4�tpoa� the sela
<br /> fro� tf.sne to �ime un�il it shnl]. bs cwo�pleted and, in every �uch
<br /> aa�e, notice of postpAnement ehall be� givcsn by public d�clara►tion
<br /> lace last a inted for the
<br /> thereof by such pgrson at the time and P � �er lnngsr�thnn one (1) �
<br /> sa�.e; p
<br /> rovided, if ths �ale $� g�:r=��
<br /> day beyond �he dny c�esignated in thl� Notice o� Sale� notiae therea
<br /> �hall ba given in tha sante mannar a• the oriqi�nal Noti�e ef Sa�le•
<br /> Trustee e1�n17. exeeute end daliver to th� purchaser its Dead
<br /> conveyinq the praperty eo �old, but ai.�h4ut nny covenant or
<br /> warrnnty, expreee or impliec�. _ Tha�re MitM�� nfn th. truthfu_ln�e�r. .
<br /> �xa�tars or ��►cts snarii oa �-�,a�.:i...�.•_ r----- -- - -�_-_-
<br /> thereof. l�ny paraon, inoludi.nq �r�.thout li.�ai.tstion, Benaficiary ox
<br /> Trustee ma►y purahaee at the sale. 5sic� eale shall bs conducted e►t
<br /> tha re�sl estate forminq a part oE the Pxoperty or a►t the COII=�
<br /> hou�e in the c.qunty in wrhiah tih� Property to b� eold, c�r �ome pArt `
<br /> �.': ther�eo£, ie e�.tuated.
<br /> . 5
<br />
|