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<br /> payment of any rent or damages, and upon defau].t in the performance of any of ;,
<br /> the proviaiane hereof, Trustor agreea to deliver euch renta and deposits to , �- '��'_
<br /> Beneficiary. Delivery of written notic:e of Beneficiary's exercise of the ��
<br /> righte granted by thia paragraph THIFtD ro any tenant occupying the Property ��%T
<br /> or any partion th�reof ehall be sufficient to require eaid tenant to pay said .i;_,
<br /> rent to Beneficiar�y until further notice. < <.�
<br /> ..�»r+""` FOURTH. It there ehall be filed by or againat the Truator any petition _�_^
<br /> "� "°'"�`�� or proceeding seeking any arrangement or com�oeition or extension of any ,�--
<br /> other relief under or purauant to the Federal Bankruptcy Code or any other ��
<br /> eimilar statute as i.s now or hereafter in effect, or if the Trustor shall be _ __
<br /> adj udicated bankrupt or. ineolvent or any of Trustor' s property shall have =-�"
<br /> been aequeatered and such decree shall have continued undischarged and ��.--
<br /> unstayed for 90 daya after the entry thereof, then the whole of the Note and �� _
<br /> � indebtednese hereby secured shall, without notice, at the option of the ��'
<br /> � ' Beneficiary, become due and payable. �_-
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<br /> fi• I'II'TFI. Upon default by Tru�tor in the payment of or performance of the �-
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<br /> � ;; terms and conditiona of the Note, or any renewals, modificationa or �_
<br /> ti executione thereof, the payment of any other indebtedness aecured hereby or =--
<br /> in the performance of any agreement, covenant or warran�y herein contained or �.
<br /> '�� set forth in any agreement or instrumex�t executed by Trustor in connection -.-
<br /> �� with the indebtedness hereby secured, Beneficiary may declare all sums _
<br /> secured hereby immediatel.y due and payable and the same shall thereupon _
<br /> � become due and payable without presentment, demand, proteat or notice of any _
<br /> kind. Thereafter, Beneficiary may deliver to Trustee a written declaration
<br /> � of default and demand for sale. Truatee shall have the power of aale of the
<br /> „ Property and if Beneficiary decidea the Property is to be sold, it shall �
<br /> _� Me��o�t _y�th Triiar,aa thi a �ac?r� nf Trtl4t and the Note OY' notes and any other
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<br /> documenta evidencing expenditures secured hereby, and shall deliver to
<br /> Trustee a wri.tten notice of default and election to cause the Property to be
<br /> sold, and Trustee, in turn, shall prepare a similar notice in the form
<br />_ required by law, which shall be duly filed for record by Trustee. - -
<br /> (a) After the lapae of such time ae may be required by law following
<br />' the recordation of Notice of Default, and notice of Default and Notice
<br /> of Sale having been given aa required by law, Trustee, without demand on _
<br /> Truetor, shall sell the Property hereinbefore deacribed, and any and
<br /> every part thereof, in aeparate parcels or en masse ae the Trustee may _
<br /> elect and in such order as Trustee may determine on the date and at the _
<br /> ' time and place deaignated in said Notice of Sale, at public auction to
<br /> �� ` the highest bidder, the purchase price payable in cash in lawful money __ _
<br /> � of the United States at the time of sale. The peraon conducting the __
<br /> aale may, for any cause he or she deems expedient, postpone the sale �"
<br /> from time to time until it skiall be completed and, in every such case, �
<br /> � notice of postponement shall be given by public declaration thereof by —__
<br />. auch person at the time and place laet appointed £or the sale; provided, 4y
<br /> - if th� sale is postponed for longer than one (1) day beyond the day �'-
<br /> _ ' designated in the Notice of Sale, notice thereof snaii be given in the ��``.
<br /> " same manner as the original Notice of sale. Trustee shall execute and �_ _
<br /> deliver to the purchaeer its Deed conveying the property so sold, but ,_�_.
<br /> without any covenant or warranty, express or imp].ied. The recitals in ' u-- _
<br />- the Deed of any matters or facts shall be conclusive proof of tkie }=i�:,,�=�"
<br /> truth�ulness thereof. An person, including without limitation, '±�=a=°�-
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<br /> Beneficiary or Trustee may purchase at the sale. Said sale sha11 be 'r����_
<br /> conducted at the real estate forming a part of the Property or at the -
<br /> , court hause in the county in which the Property to be sold, or some part
<br /> thereof, is aituated.
<br /> � (b) When Trustee se11s pur�uant to the powers h�rein, Trustee r�hall
<br /> � apply the proceeds of the sale to payment of the costs and expenses of
<br /> exercising the power of sale and of the sale, including, without
<br /> - , l i mi tnt i nn t-ha navmant nf TruRY.P.P_�8 fees incurred, which Trustee' s fees
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<br /> - shall not in the aggregate exceed the sum of Fi.ve Hundred and no/100th "-
<br /> ` � Dollars ($500.00) plus 1/2 of 1°, of the amount secured hereby and
<br /> - remaining unpaid and then to the items seY. Eorth in subparagraph (c) of
<br /> � i this paragraph FIFTH in the order therein stated.
<br /> - , (c) After paying the items specified in subparagraph (b) of this
<br /> - paragraph FIFTH, if the sale is by Trustee, or the proper cou�t and
<br /> other costs of fareclosure and sale if sale is pursuant to judicial i
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