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<br /> ' , } �. Rg-RECORRfO 9�'e 1�I�a`�'�IZ � -_
<br /> f''�7_ ��Q��1 �.. ` .,�� �
<br /> ' . , l �. • (d) a writ o1 exeCUtion vr attaChment ot any similar process shali be entered agamst Trustor which shall , • � -
<br /> - -_-; • became a lisn on ths Trust Estete or any pflrtion thereof ar interest therein and such execution, attachment or sim�lar i_�, __.. _r_ „____'�_�
<br /> rl process of judpment is nat released,bondad, satisfied,v2cated or stayed within sixty 1601 days after its entry or�evy; or ` - � -
<br /> , l'.. ,• ..
<br /> � �' , {g] there has occurred a breach of or detauli under any tertn, covanant, agreement, condition, provision, � , ' ' .
<br /> . representation or warranty contained in any prior d:ed of trust or mortgage attecting the Trust Estate. ' �
<br />�e-:� 10. AcseleraPlon��on Defarel��idrlTtJairal Remed/as. If an event of default occurs, Beneficiary may declare the _ • ' ,_ °
<br /> Indebiedness secured hereby to be due and payable and the same shalt thereupon become due and payahle without any ' .
<br /> presentment, demand, protest ot notice of any kind. Thereatter, Beneficiary may: , , � �
<br /> f�) either in person or by agent,wiih or without bringing any action or proceeding,or by a receiver appointed ' ' � ` � -
<br /> .. by a court and without regard to the adequacy ot its s¢curity,enter upon and take possessio�of the Trust Estate,or any -��` --� �.�' � � �
<br /> part thereof,in its own name or in the name of Trustee,and do any acts which it deems necessary or desirabte to preserve '° < Y�`� ,.•.
<br /> `, the value,marketability or rentability of the Trust Estate,or part thereof or interest therein,increase the income theretrom ' � �F��_
<br /> ' or protect the security hereof and,with or withou4 taking possession of the Trust Estate, sue for ar otherwise collect the . • _--__
<br /> ;•�fi� � -
<br /> , rents, issues and protits thereof, including those past due and unpaid, and appfy the same, less Costs and expenses of ' � ' ^___- ^
<br /> � operaiio�and collection including attomeys'fees,upon any i�debtedness secured hereby,all in such arder as Beneficiary • - � . -
<br /> � may detennine. The entering upon and taking possession of the Trust Estate,the collection of such rents, issues and �'-_- " -
<br /> profits and the appltcatton thereot as aforesaid shalt not cure or waive any default or notice q! default hereunder or . "'��'•� � ;;
<br /> , invafldate any ac4 done in response to such defautt or pursuant to such norice of default and, notwithstanding the .
<br />. - continuance tn possession of the Trust Estate or the cotlection,receipt and application of rents,issues ar profits. Trustee � .....;,���.=
<br /> � or Beneficiary shali been e�tiUed to exercise every right provided for in any at the Loan Instruments or by law upon - ��-
<br /> '`�,
<br /> occurrence of any event of default, including the right to exercise the power of sale; �-;,::�==:'-�—
<br /> - _�'�'."�-
<br /> • Gi) commence an action to forectose this�eed of Trust as a mortgage, appoint a receiver or specificalty �.
<br /> '�' � enforce any of the covenants hereof; ±`��
<br /> • �T.• Y .
<br /> . � f��9'^�'I � `. .
<br />.� ��_.; (i�i) defiver to Trustee a written dectaration of de�ault and demand for sale and a written notiee of default and ,
<br />• -:.�J', election to caus�e Trustor's interest sn fhe T�ust Estate to be sold,which notice Trustee shall cause to be dufy filed for -�����• `
<br /> reco�d in the ap�7opriate offices of the County in which the Trust Estate is tocated;or .::.�"� � -�
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<br /> (ivy exercise such other rights or remedies at law or in equity.
<br /> . _� t^_ Far�r.Tasrma by Pow�rofSale. If Beneficiary elects to foreclose by exercise of the Power of Sale herein contained. :.j; � �'
<br /> • Bzne�iciar�snalt not�y'�sustes and shatl deposit witl�Trustee this Second Deed of Trust and any note evidencing the Inde6tedness �� �:�;;...
<br /> and such receipts an�euidence of expenditures made and secured hereby as Trustee may require. ,.�ct�E;���=,�
<br /> . ;�i�:«:�.
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<br />-�-- (a) Upon rece's t of such notice from Beneficia Trustea shall cause to be recorded publishad and delive►ed t `'�f�''�-'''�;''�t���,
<br /> P ry. , .i�s,�`���_: .
<br /> a �j^ ''�t�:7'`•G
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<br /> to Trustor such Notice of D�fautt and Notice of Sale as then required by Iaw and by this Second Oeed of Tivst. Trustee f�:. �.�. t �
<br /> . >,;�s. �,:-,,,
<br /> : shalt,without demand on Trustor,after such time as may then be required by law and after recordation of such{�Jotice oi ��,. .�'��---
<br /> Detault and after Notice of Sala having been given as required by law,sell the Trust Estate at the Ume and place oi sale �' � :;��•=
<br /> � fixed by it in such Natiee of Sate,either es a whole,or in separate tou or parcels or items as Trustee shall deem expedieni, � ' �"��
<br /> .:, i�._....
<br /> ... and in such order as it may determine,at public auctian to the highest bidder for cash in lawful money oi the United States -
<br /> . . payabte at the time of sale. Trustee shall deliver to such pu:chaser or purchasers thereof its good and sufficisnt deed or -
<br /> deeds eonveying the property so sold,but without any covenant or warranry, express or implied.The recitals in such deed - - ,.-
<br /> , , of any matters or tacts shaQ be conGusive proof ot the trutMul�ess thereof. Any person, inCluding without limitation ff;=�;
<br /> Trustor,Trustee or Beneficiary. may purc�sase at such safe. - �R^�'
<br /> . . �,: �t,a:
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<br /> (b1 As may be permitted by law,after deduc4ing alI costs,fees and expenses of Trustee and of this Trust, '��-'�-•-�
<br /> �� dncluding costs of evidence of title in connection wet7e safe.Trustee shaU apply the procesds o!sale to payment ot(i)the ���.�-�,� �'�
<br /> .o �*P;
<br /> . Indebteda�ess (ii)all other sums then secured hereby,as�d tiii)the remalnder,if any,to the person or persons tegalty entitled • �,��_" .• 14.
<br /> , thereto. �?��;;�'
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<br /> (c) Trustee may in the ma�ner provided by law postpone sale of all or any por�,ion of the Trust Estate. r�;:�'�,���,__
<br /> .. _ st�X�a��=�,
<br /> . 12. RemedJes Not Exc/ustve. Trustee and Beneficiary, and each of them,s7ea11 be entitled to enforce payment and ���;`�'�`-'
<br /> . .; pedomnance of any indebtedness or obligatlons secured hereby and to exercise au rights and powers under this Second Oeed of �«<�_, :
<br /> Trust or under any Loan Instrument or other agreesnent or any laws now or hereafter in torce;notwlthstanding,some or aQ of tha ��i�
<br /> ••� � such indebtedne�s and obtigations secured hareby may now or hereafter be otherwise secured,whether by mortgage,deed of trust, '� ';�'i:
<br /> '. �::,�,.�
<br /> •.,.f�a�n-�„�..
<br /> pfe0ge,Uen,asslgnment or otherwlse. Neither the acceptance of this Second Deed ot Trust no�its enforcement,whether by court x�;;s�#;:��.-
<br /> ,. action or pursuant ta the power oi sale or other powers herein contained, sha0 prejud.�a or in any manner aftect Trustee's or ;;,ta}Y;;;`,n�.���.
<br /> . Benelicia s ri ht to realize u on or enforce an other securi now or hereafter held by TreYstee or Beneficia g g �x'�'�l `--�
<br /> �Y� 9 P Y tY ry.it bein a reed that ,'•;�o-;,.,:.,�.�:;: .
<br /> Trustee and Beneficia � '���
<br /> ry, and each of them,shatl 6e entitted to entorce this Second Oeed oi Trust and any other security now or . ;
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