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<br /> prat��t� or natiw o! aay kind. 1'h�saslt�r tt�S�ae�ici��^y My: � I� p��� ,_�.
<br /> I O
<br /> (a) �ithax i� gwr�an or by ag�nt, with or w3thout bringinq u►y a�ction or
<br /> proc�adin9, or by a r�c�iwr appointed by a Court and Mitt�out r�gard t4 th� ad�t�uacy
<br /> oP it• s�curity. �nt�r upo�� and tsk� poaay��xon o! th� Truot �aka�t�. or any part
<br /> t?►�r�of, in itr ovn n�,ew or fn �� rt�uw o� Ts�toa, �►� �� aay acta Which it das�a -_
<br /> nac��s�Yy as daaiFabl� to ps��rva tha va2w, wYic�tability or rsntal�ility o! tl�a ``
<br /> Trui¢ t�twt�, ar part thar�of or int�r�st th�r�in, �ncr��rp e1w i�►c� tlwr�agr�+ or `
<br /> proe�ct th� s�curity h�r�ot, and vith o� viChout ts�lciny poraaooia-� of th� Truot �
<br /> �C.tat�, asa �cY ar atlsswriss c�ll.ect tF.e rente, i�aua� ancl Drolit• tharrot, xnciudiag _-
<br /> thoa� paot du� and w�a•ld. uid �pply th� swaM. 1��• c�o�t� and e�na�o of a�ration -
<br /> usd collactian, includirtig attornsy•s lees, v�ai u►y indebt�c3naaa oacured h�reby, all _
<br /> in �uch ord�r ao B�naPiciazy may d�t�x�euins. Tha u�t�ring upan and taking pws�oaian -
<br /> of it►� TruaC �state� th� coll�ceion o! ouch rsnt�, io�wo and pco�ita and tha
<br /> applicatian thsrso! �� alorassid. �hail not cuxe or wive u�y d�fault or aotice of
<br /> d�i�ult hersuadsr or invalid�t� aay act dorso i�n rssponse to ouch d�fauit or purauant
<br /> to surh notfcv of d�l�ult and� actrithstanding ths continuaacv ia po�se�aian of th�
<br /> Tsu�t ��tat� or th� coll�ceion, s�c.�ipt and applicatioa of r�ta. foeueo or protita.
<br /> Z`rwtM or B��fici�ry shall b� entielMd to �xssef ss ewry right yrovided for in any
<br /> ai tt� Loan �n�tnmNnt� or by la�► uaon occurr�ua o! auy�wmt o! daiault. inciuding
<br /> tAs riQht io �rciw tY� po+�r of ral�;
<br /> (b) Ca�w�nc� ari actioa to loracios� thia Deed o! Truat aa a oorCgage, appoint
<br /> s raceivsr, or speciticaily �atora aay o� Wa cows�a,uta harw�:
<br /> (c) Deliv�r to Tstiwtee a �nritt� drelaratica of dsfault ar.� dnmand �c�r �als,
<br /> and a Mrittui aotioo o! dsfault azb el�etiaa to ca�we Tzu�tor'• intereot in the Tsvat
<br /> ��tate to bs aold, Mhich notice TxuatN slsall aus� to bs duly lii�d !nr racord ia
<br /> tt� s�rapriat� Ofticisl itscosda o! tt� Ca�aty ia �fich tt►s Tsust sstaee i� locat�d.
<br /> 11. FQ cL^_�Q BY poN�A OF S11Lg. Sho�ald B��saticiasy •2�t to lor�clow by
<br /> ax�rcis� o! th� powz ot Sa�ls t�r�ia contafu�d, Ssu�liciuy ahail notily TauotN aad
<br /> oAail dapwit �rith Tzuote� thia Da�d o! Trust �rsd tfi� Note and auch z�C�ipt� and
<br /> �vid�aa oi e�ad�Ltus�� wad� aud aeeusyd 1�rshY a� Trwtes msy requir�.
<br /> la) IIpas r�c�ipt o! auch notia frca e��ieiary, Trwt�e �hall eau� to be
<br /> r�cord�d, publiohed and d�iiwr�d to Trwtor �uc2i liotico o! DQfault and �iotio� of
<br /> Ssio u tha� requir�d tsy lav �ad by thia Dsed ot ZYu�t. TYUStee �11, Mithout
<br /> �aoand osi Truotor, a�tar such tim� a� aay tusn b� r�quired by lax assd a�t�r
<br /> racosdatioa ot auch Notice o! D�fault aad alt�r liotiv� o�E Sal� 2iavinq bNa giveA aa
<br /> r�quir�d by laM, seli the Tsuat �atat� at ths tioe a:sd g]tac� of e�3e lix�ed by it in
<br /> euch Notice o! Sale, either aa a yhol�, or in reparate lota ar parcela or it� aa
<br /> Tsu�tM s2u11 d�� ��1.tea�. aad in surli osd�r a� it may dtt�rmi�, at gubliz
<br /> auctian to th� hig2�at bidBer !or caah. in la+rtul maney ot the i�niCeB Statea, pay�bld
<br /> :.~. L.0 :=.r� :�� �..�3� '�'iti.:.~...0 .t.�tl w.l_w_ t� r,ns��s.'nif�w�r ns� e�f�irt�ha�wtw tlf�irdf: -
<br /> it� yood and �ufficient dsed or deeda, ct�svi�ying tise prayerty =a told. bat x'�thout
<br /> sny cowuaat or ru�santy, expreaa or impiied. The recital� in such dNd o� any
<br /> dattsro or lacta abali be caaclusive proo! o! t2� trutblulaeoa t2�r�ot. Any�r�aa,
<br /> including, without lfnitation, Tsustor, 7lYustea, aacl B�a�ticiary, a�y puzchaae at
<br /> suc3� sale, aad Trustor ua�caby cow�to ta w�rsnt aaa 8�l�a�d the titl� a! sucL
<br /> purchaoer or pu�rcbasers.
<br /> (b) 1►� �.� be puraftted by laM, aitsr d�ductir� eeli co�ta, f�es, �x�ns�� o!
<br /> Z�ustaa �d o! thia Trust, iacluditiq oosts o� �vidwa o! tit�.e in oosa�ctian vritts
<br />- ql�, TrustM ahall apply tl� proc�ed� o! san� to pay�snt o! �aD all svws a�nd�d
<br /> iu�r the t.�s�s l�rw�, aot ttsea repaid, vn�h accruad inte��� at twive (11t)
<br /> p�ro�at p�r anaum, (ii) all ot�ser stw th�a wcur�d hereby, aad (iii� t� rMSind�r,
<br /> i! aay, to tt� persoa or psraoas legaily aatitl�d th�reto.
<br /> (c) Truatee �ay, ia tl� waaer yrovid�d by la�, postpon� eal� of all or aay
<br /> porti,oan c! ths Ttvst =atat�.
<br /> 12. RffiDiaS ti0►r �]cCt,tiSttTS. Trustee and Bss�ficiasy, aad eacb o! theo, sball
<br /> bs �ntitl�d to s�torc� pays�nt aad p�rloraanc+ of a�+ ind�bt�daso■ or obiigatioas
<br /> eecur�d 2urnby aad to exercise all righta aad paws-� uader thia Da�d of Truat or
<br /> uad�r aay Loaa 3uatsv+�eat or other aigr�msat ar a:sy la�rs nov or t�r�aft�r in torc�,
<br />— notritbstaading sa�e or a�P ot �se aucti iad�l�t�dness ana ablfga�fe�ss secured is�rsby
<br /> may nov or t�reafter Da �tMer+riae aacured, xhetlser by mortgaq�. c]eed ot trwt,
<br /> pi�dg�, liea, aasignaaat or otbsx+rfse. 1RSithsr tts� acaptanca af this Da�d o! Trwst
<br /> nor it� eutorceeKet �fiet2�sr by eourt actiaa or pursuant Co t2s�pa�r ot wl� or otl�r
<br /> pawr� harein �cstainad. sha12 grsjudios or in aay saiaiaer affect Tsvs��s's or
<br /> B�a��iciarya right to zealf:o upan or ea�oroe ersy other aacurity nov ar hsrealter
<br /> t�id blr Tzustae or Banaliciary, it t�sfng agrad tlut Tru�tee arsd 8eneliciary, aac3
<br />= e.:eh of rh,.-�. -,r,.'32 bc c�tit2ed to eaior� �a Dee�o! Tzust a�*M a�y other eecuri*_:�
<br /> aor or h�ru�t�r hsld by Beneficiary os Tavsts�, in such order aad mar�ssr a• th�y or
<br /> tither o! the� may in their absolute Aiscretiea d�t�raine_ I�to re�edy hsrein
<br /> c�onterr�d upon or r�sesvad to Truste+ or e�s�ticiary i� intended to b� excivafw of
<br /> aay ott�r rwQy hsr�in oz by la..pzavidW or p�nitt�d, but eac3i shall b� cu�ulatiw
<br /> aad stuil b� in acWitian to �wsy otls�r r�wQy giwa lssrau:�dsr or nar or h�r�a�t�r
<br /> �xf�tiag at lax or in �quity or by Statut�. �vary powr or r�s�dy givur by any o!
<br /> _ tbw Loan I:estsv�ats ta Tsuot� or B�ristfciary or to rhich •ithar o! tha� say b�
<br /> - ott�rvisr �atftl�d, aay be �rcisad, ooncvrrw►tly or fad�d�ntly, lsas tiw� t�
<br />..� tiar. aad u oftaa ar may b� d�a�ra expedf�at by TrustN or H�r�lfciary: as�d •itt�r
<br /> � o! tl�.�s� say puraus inoor►aioterit rwdi�s. l�ottYirg h�refiri shail b� canatrwd as
<br />;�l prahibftfng 8��ticiary �ra� �kiaq a dsifcisney 7ud�nt aqaia�t tt� Truatar to et�
<br /> ;ID �xteat such actioet ia permittea by XaM. '
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