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<br /> � -' If the default is not cured on or before the date specified in the notice, `_ • � ,
<br /> ----��==`=` �eneficiary at its option �ay require i�mned�ate payment in full of all sums _ '_ �_,� , _
<br /> � � secured by this Qeed of Trust without further demand and may invatce the poe�r�r of = �^ { ;
<br /> � � t . sale and any other remedies permftted by applicable law. Beneficiary shall be , � , ,
<br /> � � entitled to collect all expenses incurred in pursing the remedies provided in ;' ��
<br /> � this paragraph, including, but not limited to, reasonable attorneys fees and .� .� � � -
<br />� . - costs of title evidence. Thereafter Beneficiary may: ���` �� � �
<br /> ,�..
<br /> . , � , a. Either in person or by agent, with or without bringing any action or `..�'�..�� `�f�=
<br /> � �� proceeding, or by a receiver appointed by a Cour� and without regard to the t�:�':
<br /> " " adequacy of its security, enter upon and take possession of the Trust Estate, or
<br /> . �. ::;�,�_�
<br /> ����� � any part thereof, in its own name or in the name of Trostee, aad do any acts •: �, ;. ;;._�- -
<br />" ` twhich it deems necessary or desirable to preserve the value, marketability or
<br /> , � � rentability af the Trust Estate, or part thereof ar fnterest therein, �ncrease �:.
<br />� ' the income therefrou� or protect the security hereof and, v�ith or without taking ° �: -�_
<br /> . 4.: �,� . � possession of the Trust Estate, sue for or otherwise collect the rents, issues ^ .�_�_
<br /> . `�.-�:;°.�.: and profits thereaf, irtcluding those past due and unpaid, and apply the same, . �.��,.�_.
<br />� � � less costs and expenses of operation artd collection including attorneys fees, - •��_
<br />� � �-,;+a upon any indebtedness secured hereby, all in such order as Beneficiary may : �;..-��-_
<br /> - • �• determirte. The entering upon and taking possession of the 7rust Estate, the '�y`'r �:� �
<br /> � �� collectian of such rents, issues and profiLs and the application thereof as . " s �
<br /> ��;' aforesaid, shal l not cure ar waive any default or notice of default hereunder or . ,
<br /> . ��� invalidate any act done in response to such default or pursuant to such notice . ��`-
<br /> ; + �`�
<br /> � of default and, notwithstanding the continuance in possession of the Trust Estate � �: �.'�-�,,':
<br /> " � or the collection, receipt and applicatiac� of rents, issues or profits, Trustee � . ::_- • .
<br /> or Beneficiary shall be entitled to exercise every r ig h t prov i de d for i n a n y o f � `��,-=�_
<br /> � - � �•�:; the Loan Instruments ar by law upon occurrence of any event of default, including -.- � `---��_;
<br /> : _ .' ��'� the right to exercise the porrer of sale; � ,.;:�,��,:
<br /> ..t.�
<br /> �� � � - � b. Cor�urtence an action to fareclose this Deed of Trust as a mortgaqe, ..�,�". ., _Y"__
<br /> --- ' },-.--.
<br /> "1� � �� � ' appoint a receiver, or specifically enforce any of the covenants hereaf; •��-�_�
<br />• . .' . ' -�
<br /> c. Deliver to Trustee a written declaration of default artd demand for �� =
<br />" '''� sale, and a written notice of default and election to cause Trustor'� interest '�� �,�: '
<br /> • � ` � � ' in the Trust Estate to be sold, which rtotice Trustee shall cause to duly filed � �
<br /> for record in the appropriate official records of the Coanty in which the Trust - �. -
<br /> . � ' � j Estate i s located. ��� �. �
<br /> . . f` �,�:-
<br /> �� ' � 11. FORECLOSUR�BY POhlER OE_._SALE. Should Beneficiary elect to foreclose '. ".` `: `
<br /> � .� , by exercise of the Power of Sale herein contained, Beneficiary shall Rotify
<br /> ' Trustee and shall deposit with Trustee, J�rry J. Milner, thls Deed of Trust and
<br /> � the Note and such receipts and evidence of expenditures made and secured hereby , -
<br /> � �. as Trustee may require. � �.
<br /> a. Upon receipt of such notice from Beneficiary, Trustee shall cause to �. � ��� _
<br />_��`; ' be recorded, published and delivered to Trustor such Notice of Default and Notice . � ,
<br /> of Sale as then required by law and by tfiis Deed of Trust. Trustee shall, . .
<br /> ` :.{: � . without demand on Trustor, after such time as may then be requ9re� by law and :
<br /> •� after recordation of such Notice of Default and after Notice of Sale having been
<br /> • ` given as required by law, sell ti�e Trust Estate at the time and place of sale . . . -
<br /> • � � � fixed by it in such Notice of Sale, either as a whole, or in separate lots or .. ,
<br /> ' � � parcels or items as Trustee shall deem expedient, and in such order as it may
<br />::. �;.� � determine, at public auction to the highest bidder for cash in lawful money of . • -
<br /> the United States payable at the time of sale. Trustee shall deliver to such
<br /> , � • DEEO OF TRUST - Page 4 of 7 � .
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