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<br /> — -=�_.� not ba cana�ll�d by aaid aarrior without tilt��n (15) days
<br /> ,� � �+�.���� writtan notio� to SENEFiCi71RIE8.
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<br /> �`�`� TRUSTOR aov�n�nt.� and aqreos that a lailurs to �ak� any
<br /> payn�nt, �ith�r principal or intereat, on thr� Note �ecurad he�eby _
<br /> wb�n du� attd payable, or a lailura to aoa�ply with r�ny o! th�
<br /> - aovananta and aqraea�snts herain made ahnll aau�o tho wbole sum o!
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<br /> 4atibl� �tt
<br /> e aa
<br /> -� •.-��;,.-,. . . money heraby aoaurad to beaome immacll�ttely du
<br /> .�. `•�=� t�..� the option of the BENEF�CIARiEB, and SENEFICiAR=ES ahall havs tho
<br /> ���.,�;.•wKre,:� �: riqht �o cauae Notiaa of Default to ba given en8 the pramisaR t.o 1�e
<br /> -��- �:.•b�n-•ys c�� aold ao providad heroin.
<br /> -�y�ri�i�i�,�;
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<br /> zn;__,��..,1 ,. :;� Tha partiea mutually aqrsa aa followa s
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<br /> `-°=����-��� A. At any time and from tims to time upon written requsst o!
<br /> � +�„ HENEFICIARIEB, peYment of tees and presentation o! this Oasd
<br /> •���.
<br /> -,�;:.�.-.,;: a�;�; .� of Truat �u►d the Note for endoreement (in case o! lull
<br /> _ .=-'`""���'� ,� reaonveyanas, for aancellation and retention), without -� �--
<br /> M��?�k:`•''°� � : �- afteating the liability of any pAr�on for the paymant o! tha
<br /> _,r;�� � � . � .� indebtedness, TROSTEE may (a) aonsent to the making of any map _.
<br /> -- , or plat of said property t (b) i oin in grantinq any easemont or �,..
<br /> s� arenting any restriation thareont (a) join in any -
<br /> �-�� � , . . eubordination or other agresmen�c affeating this Deed of Trust =-_
<br /> �`-����� � �� or the lien or ahargs thereoPi (d) reaonvey this Deed oP Truat --
<br /> e.::.�_-
<br /> _�:� � • •� or the lian or aharqe thsreol� (d) roaonvey, without warrar►ty, �
<br /> � , all or ar►y part of aaid property.
<br /> :_:���• • - h '
<br /> -� ..�, �;,. ,�;� H. The grantee in any Deed of Reaonveyanae may be desaribed a�
<br /> _��- - ♦- �-. - �the pe reon o� peiaonc ent3tlad thQretQ", en$ the �raaitsis ,-___
<br /> �'�'" . � . therein of any mntters or faate shall be aonclusive prooP ot
<br /> '..,-,� . � tha truthfulnesB tt►ereof. --
<br /> , , ` �� n C. Upon dofault by TRUSTOR in the payment of indebtedness seaured �'"'�``�
<br /> � ' �� hereby or �n the performanas of any aqreement hereunder,
<br /> BENEFICIARIES may dealare all swas secured hereby immediately
<br /> � � dua and payable by delivery to TRUSTEE af written declaration
<br /> . - of daPault. If BENEFICIARIES desire said property to bs sold,
<br /> , � � , ' , � they shall deposit with TRUSTEE this Deed oP Truat and all -_-
<br /> , � '' � promissory notes ard doauments ovidencing expsndituree �oaured �Y--
<br /> ^ hereby, and shail deliver to TRUSTEE a written Notiae of '
<br /> � � Dsfault and eleation to cause said property to be eold in the ���
<br /> � � form required by law, whiah shall bo duly Piled for record by i
<br /> . ,. TRUSTEE. --
<br /> �• ��, � (1) After the lapse of such time as may be required by law
<br /> ' (preaently being one (1) month lollowing the recordation ��-
<br /> , of said Notice of Default), Notice of Default and Notia�
<br /> -'. . � oF Sale having been given as required by law, TRDSTEE, �
<br />� �� without demand on TRU3TOR, shall aell said property on �
<br /> � ;�. - :�: the ciate and at the time and plaae designated in said ►--- _
<br /> �• ' Notice of Sale, at public auction to the highest bidder, f��'�'
<br /> ' . the purchase price payable in �awful money of the United ;�}.
<br /> States at the time of sale. The person conducting the k�•.�
<br /> �3 � sale may, for any cause he dseme expedient, postpone the , �
<br /> � sale from time to time until it shall be completod and in ;
<br /> . every such case, notice of postponement shall be qivan by
<br /> • public declaration thereof by such peraon at the timo and .
<br /> + place last appointed for the sales providad, if the aale
<br /> , `�� ia postponed for longer than one (1) day beyond the day
<br /> designated in the Notice of Sale, notice thereof ahall be
<br /> � � given in the same manner as the original Notice of Sale.
<br /> . TRUSTEE shall execute and deliver to the purchaser his
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<br /> uaeau .:.,,.�vr+,.y s�.�.. �.a..r...�..l -- ----•
<br /> . , � covena�nt or warranty, express or implied. The recitale
<br /> �� � in the Deed of any matters or facts shall be conclusive
<br /> proof of the truthfulnesa thereof. Any person, including
<br /> BENEFICIARIES, may purchase at the sale. TRUSTOR horeby
<br /> covenants to warrant and defend the title of the above
<br /> � property to purchaser at sale.
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