. .. ..»erf. . .. ,
<br /> - ..,..yNNi - .
<br /> ) � � .. - • . ., . �'f:•.
<br /> � . 1' .. . ' . ., .. . - .:.�.•, .�:......�.^'
<br /> ,� yi�+��w�,.,. . :' .. ° .._-.;,:.=�,^_ •�-�,---�=�•_,�-,:'. ��,���.,�-.
<br /> . ' . . . ...d ... . . .�Y�M6L���"��..Mti+.+1���Ayl7R"��.• wtYMrwi��v......... . . . ... . � _.—...�_.f1•...�
<br /> •T�!!nn ... ' . _. ' ..
<br /> .t�... • . ..' ' —.
<br />. � ��
<br /> � ' .� • }"
<br /> IiLM�� ����•�'
<br /> V�!
<br /> , (a) either in pere�n or by agent, with
<br /> " ' or wlthout bringir�g any action ar proceeding,
<br /> , • or by rece�ver appointed by a cour� and with- .
<br />- out regard �o the adequacy af any securitX,
<br /> ' � ' enter upon and take po�eea�ion of th� prop- �,
<br />-' � erty, or any part thereof, in ite own namo or �•`
<br /> �;
<br /> '_�:.`�`�� in the name of Clze �'ruetee, and do any acte
<br />_,`^��,� whiah it deeme neaeeaary ax�d desirable to
<br /> _���, preeerve the value, marke�ability �r rent- �:�
<br /> ability of the property, or part thereoE or i'-=
<br /> ..° int�ereat therein, increaae the inccme there- ��
<br />_ �� from or protect the aecurity hereof, and, _
<br /> � without taking poeseaaion of the propert�,
<br /> • � ..,. � eue for or otherw�.se collect the ren�a, i.s-
<br /> � su�r� a��zd profitd thereof, including those
<br />_"�� • ��}`•��• � past au� and unpaid, and apply �he same, leae
<br />�i�..�...;N•,
<br /> ,,, ..;, caeta and expenees af operation and collec-
<br /> � tion, inazudzn.g attnrney fees, upon any in- �
<br />"�'' '�"�-' debtedlnee� ��cured hereby, all in euch order -
<br />-;�::, ;,.�.
<br /> � ���r� . a� �����icia�}► may det�rmina. The entering =
<br />��`����5��`'� ' upon �:��? Ca1�i�:� poeseesi.on o� the truet ee- _
<br />��-�'}�t`�j•'i`' tate, ��� cox�.��ction af auc:h rente, i�euee
<br /> :.�.� ,�.•. =
<br />_y�a„'. and profi�s arx�l application thereof ae afore-
<br />_..,:,..,
<br /> ��r"`f��y�;, eaid shall not cure or waive any defau t or
<br />�:�,•'r,n.
<br /> .��-��,-,� notice of default hereunder or invalidate any _
<br />==:�r'!;t�,
<br /> act and in responae to euch default or pureu-
<br />���`�"•'°"', ant td such notice of default and, notwith- �
<br /> i �'"�'' ' etanding the contiinuance in posseeeian of the
<br />��':"�`_
<br />_�_;`�,��1� property or tne co3.IecLian, Z�CC:CijJl. a:.d a�.-
<br />-�=Kr_��, plication of rents, iseu�o or profite, Trua-
<br />�'O•,�;;;�;, tee or Seneficiary may be en�itled to exPr-
<br /> --_`'�Si�� cise every right provided for in any of the
<br /> ___- -�;, lo�n inetrumenta or by law upon occurrence of
<br />�"�"---- any event of dQfaul�, including the right ta
<br />—�-���_=��� exerciae the power of eale;
<br /> -`�;:r�.
<br /> -- (b) commence on action to foreGlo�e
<br /> --------�-- thie Deed of Trus� ae a mort.gage, appaint a
<br />�tl receiver, or opeci.fically enforce any of the
<br /> � covenants hereof;
<br /> -�:�s.� (c) deliver to Trustee a written decla-
<br /> - ra�;ivri o� �ieiault a:�d demand foz• �ale, and a
<br /> written notice of default and election to
<br /> ���+� cauee 'Truetor� e interest in the property to
<br />- �`,`;�� be sold, which notice Truetoe ehall cause to
<br /> _ be duly filed �or record in the official rec-
<br /> orde of the county in which the property ie
<br /> � located.
<br /> ° 13. FSt�' �,.� o�by► power of �ale. Should Beneficiary elect
<br /> ?k:L�� .
<br /> -;_,,,�� to foreclose by exerci�e of the powex n£ sale herein contained,
<br /> Benef iciary shall noti£y Trustee and sha1Z depoeit with Truetiee _
<br />� -� -�-= this Deed oi Mrust and the note and such receipL•e �nd evidence of
<br /> „ ��-V�F expenditures made and secured hereby ae Truetee may require, and
<br />--�`^,,���;� upon requeet of the Beneficiary, the Truetee c�hall file £or rec-
<br /> �� :+r�;. ', ord, in the Regig�er of Deede of�ice in the County wherc: the
<br /> "°`�`�`>'�`;;�''� 1 property ie 7.ocat-ed, a notice of de£ault, eetting forth the name -
<br /> -'pmw�r;��:`,� ; af the Trustor, the Book and Page or pocument No, of thie Deed of
<br />—�-�v;�,,�� �. -
<br /> _�� . Trugt as recorded in said Regieter of Deede oftice, the legal de-
<br /> .�;n;���:'�T �cription of the above-described xeal eetate and that a breach of
<br /> - �����'�''�'' an obligation, for which eaid real estate wae conveyed ae secu-
<br /> _� �1_ �__�,. ..�,._ .......,... ..F ..ti, u..,. .,t,
<br /> __��,,�!{^'�,�-�' T1L�/� A�B occurrc�a, dilti .7Ci.�..ti►y avt�..ai �.aac iaw�.wa.v v� �...+.. ..�°.°..... _
<br /> ;:-;;�?:•. �,;a� .� and the Truatee'r� elect3.on to sell the real estate to ,satigfy the ;_
<br /> ?;�?�"'�"� ' obligation; and after the lapee of n�t lees than one (1) month, �
<br /> "�:�;t^:�:'���• '• the Truetee eha11 give written notice of the time and place of �
<br /> ��?���`-, � eale wha.ch may ba beGween 9:00 a.m. and 5:00 p.m. at the prem-
<br /> • ises, or �t the Courthouee in the County wherein sucti property is
<br /> "� located, describing the property to be sold by its legal descrip-
<br /> "''� �� tion, eaid notice to be publiahed in a newepaper of general cir-
<br /> � �� culation in the County wherein euch prope�•ty ie located, once a f
<br /> �`-"' week for five (5) consecutive weeke, th� l�et pub�ication to be �
<br /> :����-.; ..
<br /> �����'��� �
<br /> -A. ....,,�
<br /> .�r�G:z.i 4 i
<br /> i
<br />
|