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<br />_ _ , , _� (a) Sither in person or by agent, with or without br�aging any action or • . __ t �
<br /> . f proceedinq, or by a receioer appointed by a Court aad without reqard to the
<br /> � adequacy of ite security, enter upoa an8 take poesession of the Trust Sstate, or ,
<br /> � aay part thereof, in its owa name or in the aame of Tsvstee, aad do any acte .
<br /> ` j which it de�ma neceeeary os deairable to preservo the value, marketabi,lity or . .
<br /> � . � rentability of the Truat Satate, or part thereof or int�reat thesein• increase . ,
<br /> ' the income therefrom or protect tne security heseof, aadooith or without takitsq
<br /> � � � gceseaeion of the Trust Bstate, sue for or otherwiee collect the seate. iesuse . � • .
<br /> � ' and profits tlnereof, including thoae past due and unpaid, aad applp the eame,
<br /> � leea costs and ercpausee of operatioa and collectioa, incin8iag at�orney's fees,
<br /> • ` , � j upoa aay iadebtedneea secured hareby, a21 ia such order ae Hone£iciary may
<br /> � determine. The eateriag upon a�sd takiaq possession og the Truet Eatate, the . _�. , , ._ -_. _
<br /> - - :- � collection of anah reats, tssues aad profits snd ths applicatioa thescraf aB _ _ �_.____._
<br /> , aforesaid, shall ao� cure or waive aay default or notice of default hereunder or
<br /> • , • � innalidate aap act done iri respoase to such default or pursuaat to such notfc� ` ' ..
<br /> ' of 8efault and, aotwithatanding the continuaace in posaeseion of the Truat Sstate � .
<br /> � � or the collection, receipt and applicatioa of rente, iesues or profits, Truetee � ` '
<br /> ' or Beneficiarp ehall be eatitled to eaercise every right provided for ia aay of __ . - •
<br /> � • the Loan Instruments or by law ugoa occu�re�nce of any eveat of default, including .
<br /> � the right to exercise the power of ealef ,`
<br /> , (b) Commence an actioa to foreclose this Deed of Trust ae a mortgage, ' • :=�:�""
<br /> . , .��,,� appoint a receiver, or specifically enforce any of the covenante h�reof= ". . �`�`-� '�'' ,
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<br /> � • � , .
<br /> • (a) IIeliver to Trustee a written dealaration of default and demand for ` ��
<br /> sale, and a written aotice of default and election to cause Truatore's iatereet ' '���`-
<br /> �� � in the Trnst Bstate to he sold, which aotice Truatee ehall cause to be duly giled " `�_*�a;
<br /> ' . " for record ia the appropriate Ofgiaial Records of the Couaty ia which the Trnst : ':_-;�,_�.
<br /> . Bstate ia located. ' • .��=' ==
<br /> ' � ,;, '-:--
<br /> - 10. FORSCLO3IIR8 SY PGWSA OP SALB. Should 8eaeficiary elect to foreclose ___..-; _ �-�--�
<br /> , � by exorcise of the Power of Sale herein contained, Seneficiary ehall notify -���_"��--�
<br /> � Trustee and ahall degoait with Truetee this Deed of Trust aad the Note and such =�'°"--
<br /> � � receipts and evideace o£ expeanditurea made and secured hereby as Truetee may �.` `���+`�`;�_�
<br /> r. require. � '_Y� -� .
<br /> �, . . .. �.�s�-;:.
<br /> � � (a) IIpoa receipt of euch aotice frem Beneficiary, Trustee ehall cause to r•. , ;
<br /> be recorded, publiehed and 8elivesed to Trustora such Notice of Default and ,r ; .•���,,
<br /> � Notice of 8ale se thea required by law and by tbia Deed of Ttuet. Trustee shall, � � �: ;t -
<br /> �� . .` without demand on Trustors, after eucb time ae may thea be required by law and - •- �c �
<br /> . aEter secordation of such Notice of Default and after Notice of Sale havinq beea ���:�,;.
<br /> givea aa regnired by law, eall the Truat Satate at the time aad plaee og eale +; � ��:
<br /> I fixed by it ia such Notice of Sale, either ae a whole, or in separate lots or . . __.'3:
<br /> � ' � .� parcels or items ae Trustee shall 8eem expedieat, aad i�a such order ae it may ''��•�����!
<br /> . , 8etermine, at public auctioa to the bighest bid8er for caeh. ir► lawful money of _ ���"'.'•;^�'`�
<br /> • ' the United Statee, payable at the time of eale. Trustee ahall deliver to auab '`'�'�"":'-
<br /> � � purchaser os purchesera thereof, ite good aad sufficieat deed or deeds, aonveyiag ''� �l �
<br /> ��_
<br /> � the property so Bold, but without aay covenant or warranty, exprese or implied. '"'�:.���;..�
<br /> '•` The recitale in such deed of aay mattere or facts ehall be conclueive proof of ^ ��="`
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<br /> � ; the truthfulaeae thereof. Any peraon, inclu8iag, without limitation, Truetore, ', ,:J�r�,;
<br /> �E Truatee, aad Beaeficiary, may purchase at auch aale, aad Truatore horeby
<br /> � , coveaants to warran! aad deYend the title of auch purchaser or pwcchasere. ��_-�'�•� .
<br /> .'+ ',�._::
<br /> , �. � ' (b� As may be permitted by law, after deducting all costa, £ees, expensae � ��
<br /> ' � � . of Trustee an8 of this Truet, including costa oY eni8eace of title itf connectioa � "
<br />• • with eale, Tsvatee ehail apply the proceede of eale to paycaeat of (i� all aume .. � �i�'� �'
<br /> . . eapended under the terme hereof, aot theA repaid, with accrued interest at . �'"`;"�
<br /> foarteen (14�) perceat per amaum. (ii) all other suma tAen eecured hereby, and
<br /> (iii) the remainder, iY any, to the person or persona legally entitied theseto. �� �:.. ���• � �
<br /> ,,:�� .
<br /> ' �. (a) Trustee may, in the manner pronided by law, poatpone eale oP all or ' �
<br /> . � any portion of the Truat Eatate. � ,
<br /> ' � 11. ItEMEDZE$ NO� BXCLU3ZVE_. Truetee aad BenePiciary, and each oP thea►, ' � •
<br /> _ • ehail be entitled to enforce payment and perYorma�ace of any indebte8nese or "
<br /> obliqationa secured heseby and to exercise all rights and powera under ttu.s De�rci . . - -__ --•�
<br /> of Truet or under any Loan inetrument or other agreemeat or any lawe aaw or .
<br /> hereafter in force, notwithstanding some or ail oP the such indebte8neae and .
<br /> ��; ! obligatione secured hereby may now or hereafter be otheswise seaured, whether by
<br /> mortgaqe, deed of truet, pledge, lien, aseignmont or otherwise. Neither the � . . .
<br /> • . � acceptance oP thia Deed of Truat nor its eaforcement whether by court action or • ,
<br /> pureuant to the power oF aale or other pomere herein contained, ehall prejudice ��
<br /> or in any manner affeot Truetee'e or BeneYiciary'e right to sealize upon or
<br /> • enPorce any other eeeurity now or hereafter held by Trustee or Seneflaiary, it � �
<br /> � being agreed that Truetee and Beneficiary, and each of them, ehall be entitled � . .
<br /> to enPorce thia Deed of Truet and any other eecuxity now or hereafter held by
<br /> � • Beneficiary or Truatee, in auch ordAr and manner as they or either of them may �
<br /> in their absolute diacretion detesmine. No re�edy herein conferred upon or ,
<br /> reserved to Truetee or Beneficiary ie intended to be exelueive of any other �
<br /> � ' remedy herein or by law pronided or permitted, but each ohall be cumulative and ,
<br /> � , ehall be in a8dition to every other remedy given hereun8er or now or hereafter
<br /> ' exietinq at law or in equity or by Statute. Every povoer or remedy given by any
<br /> �, , of the Loan inetrumenta to Trustee or Beneficiary or to which either of them may
<br /> be atherwiae entiticd, may be exeroised, concursentiy or independently, from time l :
<br /> tio time, and se often ae may be deemed expadient by Truatee or Benef iciaryl aad E �
<br /> ` 0ithor of tho�n may �urauo inaonniatont reme��oa. Nagbing hoEain ahoil bo � .
<br /> . , ocn
<br /> construed ae prohibitfng Beneficiary from seeking a deFiciency judgmeat agaiaet �
<br /> the Truatore to the extent euch action is pemitted by law. � . � .
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