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<br /> Fult Roeaiuor��s��: Up�r���rittCt�rtquest of BRrttf�tiary statinq that all wms sQCUeted Fw�tby hava besn paid, `
<br /> Trust�st►all rQCanvay,withaut warranty,the propeny:han hald hereunc+er. 1 he�ecitals in wth r�conv�yancQ of s�y �
<br /> matters of fart sh.�ll br tonclusivr p►c�af ot th� L►uthfut�uu thereoi. r� Qrantee i�i wch��c�uvya�ce may bo _
<br /> dQSlqnatad as'tha person or persons te9ally�nti[I�d thar�to". Such r�yuest�nd r�conveyance shall opQ�at�as a
<br /> r�acciqnm�nt of th�rs�ts,incanne,issues and prafits heo�+nbefore auiqn�d to Ben�fitiary.
<br /> Riyh4 ta folta't�t arui �caiva Rmnts snd Profits: Notwithstandang any otiwr pro�isions Iwreof. Benrficiary LL
<br /> he�sby qrants�rmission w T�ustcu to collect a�d ret�in the rents.inco+nQ.iswa a�d Exotits of wch property as th�y _
<br /> become due and payaWM,but tRServes the riyht ta�Rvoke such p�rmisslan at any time,vvith or w+tlwe,t cws�, hy �
<br /> notic�in writing to Trustor. mailed to Trustor at his last know�address• In any QY�nt,such p�tm►sslon to Trusta �
<br /> automatitafiy shal�t��evokeci u�defauit by Na�er a Tr�sta�in p:�ment oi any indebttdnfss secur�d h�r�by w _
<br /> in the pe�form�nce af a�y a�grQement her�under. On any such defaull� Beneficiary may at any time without notice, _
<br /> titlur in parsor�,by agc�t,or by receiv��to be appointQ+i by the Gourt,and without regard to the adeqw�cy of pny _
<br /> s�curity fa the indebtedRess secured hareby,enter upon and take possession of such property, or�ny Part thereof. _
<br /> mak�, carxel, enforte or modify leases; oblain ar�d�ject tenants, set o► modify rents; �n its own name sue or
<br /> othen�uis�colirct tFur rents. income,iswes and profits thereof,includin�thou past d�anc!unpald; and apply the
<br /> same, less costs and expenses of operation and collection, including reasonable attarney's fees, upon any
<br /> i�d�btrdness secured hereby a�d in such o�d�r as Benrficiary may determine; and except for such application,
<br /> Brneficiary shall nat!=e liable to a�y person tor thc collection or noncollection of any�ents,income,issues a profits.
<br /> fpr thc fa�lu�e ta assert or enforce any of the foregdng►ights,no�s�w��Beruficiary be charged with any of thr duties
<br /> and oWi9ations of a mortQagee in possessior�• The entering upon and taki� possessian of such property. thr
<br /> collectio�of wch rents. income, iuues o� proiits, the doing of other acts here+n autharized. and the appliwtion
<br /> thereof a�aforesaid,shalt not cu�e o� waive any default a notice of default hereunder or invatidate any act done
<br /> puaua�t to wch notice. -
<br /> �rustae'x Ssle on t�afault: Upon default by Make�or Trusto�in payment of any i�debtedness secured lureby
<br /> os in pe�ormance of any agrcemant hereunder,or any agreement seturcd hereby,Beneficiary may detlare all sums
<br /> secured hereby immrdi�tely duR and payablQ and sha�� cause to be tiled of recard a written notice of tlefault a�d
<br /> elatio�to sell such proptrty. After the lapse of wch time as then may be required by law following raardatio�of
<br /> wch notice of default.and notice of sate having been given as then reqr�ired by law, Trustee,without demand or�
<br /> Trustor.shall sell s�ch pro,perty,either as a whcle ar in separate pa�cels, and in wch order as it or 8enefitiuy may
<br /> determine at public auction to the highest bidder. T�ustee may postpone the sale of all or any portion of wth
<br /> property by public a�nouncement at the time and ptace fixed by the prxeding postpc�iiement. Trustee shall delive+
<br /> to wth purchaser its deed co�veying the property so sold, but without any covenant cu war►anty, ex�r�ssed or
<br /> imptied. The�ecital in wch deed of any matters of fact or otherwise shall be conclusive proof of the truthfulness
<br /> tix�eof. Any person.intluding Truitor,Trustee or Seneficiary,may purchase at wch sate. Trustee may also sell at any
<br /> such �e and as part tFxreoi a�y shares of corponte stock securing the obligation secured hereby, s�d T�usto�
<br /> waives demand�►d notice of such sale. lBene�iciary at its optio�rtsay also foreciose an wch sha�es by independ�nt
<br />� pledge sate, and Trusta waives demand and notice of such sale). After dedutting ai6 costs. fees and expenses of
<br /> 7rustee,and of this T�ust,ir.cluding cost of evidence of title in connectio�wiih such sat.e,Trustee sha11 first apply the
<br /> praeeds of sale to payment of all wms expended under the te►ms hereof,not then repaid,with accrued intt►Kt at
<br /> the rate the�payable undrr the note a nates secured hereby,and then to payment of a11 other sums secured heteby,
<br /> and if thereafter there be a�y proceeds remaininQ,distribute them to the person or persons�e9ally entitled thereto.
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<br /> Sub�titutiaa af Trustae: Ber�f9riary may,from tirrte ta time,by instrumsnt in writing,suDStitute a succ�or �
<br /> wccessors to any Trustee �amed herein or atting hereur►zler, which instrument,executed a+�d xknowled9td by
<br /> 6�eficiuy and �scorded in the office of ti�e register of deeds of the county w counties where wch prop�rty is
<br /> situated,shall be corxlusive proof of proper substitution of such successor Trustee or Trustees.who shall,without
<br /> conveyances from the Trustee predaceswr.wcceed to ali its title.estate,righu,power and duties.
<br /> No Wsiwr by Ileneficisry: No waiver by Seruficiary of any risht under thls Deed uf Trust shal)kx etfettive
<br /> unless in writing. WaivRr by Beneficiary of any right granted to Benefic+ary under this Decd of T►ust or of any
<br /> provision of this Deed of Trust as to a�y uansaction or acurre�ces shall not be deem�d a waiver as to any futu�e
<br /> �� uansaction or acurrences. By accepti�y payment of a�y sum secured hereby aiter iu due date or by n�ala�g a�Y
<br /> paYme�t or performing any act on behalf of 1�'sker or Trusior that Maker or Trustor was obligated hereunder.but
<br /> failed to make or perfam.or by adding anY payment so made by eeneficiary to the indebtedness secured hergby.
<br /> Be�eficiary does not waive its�ight to require prompt payr�t when due of atl othc�r wms so setured or to r�quire
<br /> �ompt performance af all other acts reqw red hereuoder or ta declare a default fer faiWu�re so to pay.
<br /> Wsivet af Statx�2 of Limitations: Time is of the essence in aIl Makeo's a�Trustor's obligations fxrtunder,
<br /> and to the extent p�enmitted by law, Trustor waives atl present or future statutes of IimBtations Mrith respect to ar�y
<br /> d�bt,den�and or obligatiorr secured hereby in any attior�or proteeding fw the purpose of enforcing this Trust or any
<br /> •Iqhts orrernedi�s hereunder.
<br /> �nspectiun end,Itusi�ess Rccords: Benefislary at any time during the continuation of the trust may enter and
<br /> ir�spect such property ai any reasonabfe Lime. Trustor agrees tfwt in the event wch p►operty is�aaw or her�after used
<br /> for commercial or rc�ictential income purpc�es, when requested by 8a�eficiary,Trustor wiU prdmptly deliver to
<br /> Beneficiary wch certified financial statemenu arul profit and loss statements of wch types and at wch intervals a�s
<br /> may be required by Beneficiary which will be in form and content prepared atcoMing to the usual and acceptable
<br /> accounting pr;rxipfes arid practic�,which statements shall cover the financial operaiions retating to wch property
<br /> and Trustor further ag�ees when requested by Beneficiary to promptiy deliver in writing wth further additional
<br /> _ information�s r�uireti by 8enefiaary relat�rs�y ta any such financia!staternenis.
<br /> Accekntion CJausr Should Trustor, o�any wccessor in interest of Trustor, vduntarity or involuntarily sell,
<br /> exchange,convey,t�ansfer,co�tract to sell,(Qase with optian to purchase,wblease,dispose of,cha�qe the character
<br /> ct usr of,or fu►Lh�r entur�tber such p►oaerty,os a!ty�+art th_aeof,ar any interest therein,ot if dny of said pdrties shall
<br /> be divested of titte to wch real property or any paat thereof a any interest therein either vduntarily or invo{untatily,
<br /> _ or if title to wch property be subject to any [cen or charge vo1uMarity or involuntarily, contractual or statutory,
<br /> � without the written consent of Brneficiary being�irst Fwd and obtained.then 8enefic+ary shall have the right,at its
<br /> - option,to deciare at1 wms secured hereby forthwith due and payable; a�d this same right of acceleration shall be,
<br /> - available to Btrwficiary if the undersiqned is a partnerihip and the interest of a gener,al pa►tner te►minatcs, is
<br /> - assiqned or transfor►ed,or is diminisFwd o► ii the undersignQd is a co►po�atian and any of the corporate stock is
<br /> � t�ansferrQd,sold or assiqned;or if the undersiqned is a trustee of a uust and there is a char►qe of any of the benel�icial
<br /> ➢ interest of the uusL
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