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� <br /> ...� <br /> „ . � ; <br /> � I . <br /> f � <br /> � � � 98 rr �����V 1 .. - <br /> I (d) a writ of execution or attechrnent af any similar process si�all be entered agalnst Trustor which shall . <br /> ! become a Ilen on the Trust Eatate or any portlon thereof or Interest thereln and such execution,ettachment or similar I ,. <br /> � process of Judgment is not released,bonded,satisfled,vacated or stayed within�ixty(EO)days after Its entry or levy: . <br /> 1 or "� <br /> � krt_ <br /> (e) there has occurred a breach of or default under any term, covenant,agreement, condition,provision, :�;f. <br /> � representatlon or warranty contalned In any prbr deed of trust or mortgege affecting the Trust Estate. � •. --=_��� <br /> i ', �._ <br /> 10. ACCELERATIONS UPON DEFAULT; ADDITIONAL REMEDIES. If an event of default accurs, Benefictary may � __ <br /> declare the Indebtednass secured hereby to bedueand payable and the same shali thereupon become due and payable � __ <br /> w(thout any presentment,demand,pratest or ndiceaf any kind. Thereafter,Bene�ciary may: _ --• _° <br /> _ <br /> (i) efther in person or by agent,with or without brfnging any action or proceedfng, or by a receiver , <br /> appolnted by a court and wfthout regard to the adequacy of Its securiry,e nter upon and taice pos�esslon of the Trust <br /> Estate, or any part thereof.in(ts own name a In the name of Trustee,and do any acts which it deems necessary or �� <br /> deslrable to preserve the value, marketabil iry or rentabilfry of the Trust Estate, or part thereof or Interest theretn, �:� <br /> increase the income therefrom or protect the security hereof and, w(th a without taking pnssession of the Trust _ <br /> Estate, sue for or otherw(se coller,t the rents,Issues and profits thereof, includ�ng those past due and unpaid, and ��`_ <br /> � apply the same, less casts and expenses of operation and collection includ(ng attorney's fees, upon any � :�_ <br /> indebtedness secured hereby, all in such order as Benefic(ary may determine. The entering upon and taking i "'- <br /> possession of the Trust Estata, the cdlectlon of such rents, issues and protits and the applict�tlon thereof as . <br /> aforesald shall not cure or waive any d eiault or notice of defauit hereunder or Invalidate any act done in response to <br /> such default or pursuant to such notice of default and, notwithstanding the continuance in possesslon of the Trust . <br /> ' Estate or the collection,recelpt and appl�ation of rents, fssues or profits,Trustee or Beneficiary shall be entltled to <br /> � exercise every right provlded for In any of t he Loan Instruments or by law upon occurrence of any event of defauit, <br /> Including the right to axercise the powe�of sale; <br /> � (il) commnnce an actlon to toreclose this Deed of Trust as a rnortgage,appoint a recelver or speciflcally =_ <br /> � enforce any of the converyants hereof; — <br /> (Ilil deliver to Trustee a written dedaration of default and demand for sale and a written notice of default <br /> and election to cause Trustor's Interest in theTrust Estate to be sotd,whlc h notice i rustee shaii cause t�tie c�ui�r iiiad <br /> for record In the approprlate offices of the Camry in which the Trust Estate�located;or ��� <br /> (iv) exercisesuch other rightsor remedles at law or in equity. <br /> 11. FORECLOSURE BY POWER OF SALE. If Beneficiary elects to foreclose by exercise of the Power of Sale <br /> herein contafned, Beneficlary shaU notliy Trustee and shail deposit with Trustee the Second Deed of Trust and any note <br /> evidencing the Indebtedness end such receipts and evidence of expendituros rnade and secured hereby as Trustee may - -- <br /> requlre. �' <br /> (a) Upon recelpt of such notice trom Beneficlary, Trustee shall cause to be recorded, published and <br /> delfvered to Trustor such Notice of Default and Notice of Sale as then requlred by law and by this Second Deed of _ -- — <br /> Trust. Trustee shall without demand on Tru stor, after such time as may then be requlred by law and after recordation =_ <br /> � of such Notice of Defadt and after Notice of Sale having been gfven as �equired by law, sell the Trust Estete at the -- <br /> � time and ptace of sale fixed by it In such Notice of Seie, either as a whole,or In separate lots or parcels or(tems as °-- <br /> Trustee shall d�em expedient, and In s uch order as it may determine,at publ(c auction to the highest bidder for cash J ---_- <br /> in lawful money of the United States payaMe at the time of sale. T�ustee shall del(ver to such purchaser or '���-_- <br /> purchasers thereof(ts good and sufficient cieed or deeds conveying the property so sold, but withaut any covenant ' =;��:�,;�. <br /> or warranty exprassed or implied. The recft�s in such deed of any matters or facts shall be conclusive proof of the � <br /> truthfulness thereof. Any person, Including wkhout Itmftation Trustor,Trustee or Beneflclary, may purchase at such °���—� <br /> sale. "�n,.�� <br /> _ � . <br /> - � (b) As may be permitted by law. after deducting all costs,fees and expenses of Trustee and of this Trust, �x���-��,�,,,, <br /> . _.� ��, <br /> � Inciuding costs of evidence of tltle in conneGion with sate,Trustee shall apply the proceeds of sale to payment of(i) :. ,�,� ,.-y�:-�- <br /> the Indobtedness (II) all other sums tF�en secured hereby, and (Iii) the remalnder, if any, to the person or persons V�,;: ;�°: �� <br /> i legally entltled thereto. � <br /> ,•>�.. <br /> � (c) Trustee may in the manner p�ovided by law postpone sale d all or any portion of the Trust Estate. <br /> - i , <br /> ' 12. REMEDIES NOT EXCLUSIVE. Trustee and Beneficlary, and each of them, shall be entitled to enforce <br /> ' payment and performance of any IndebtecJness o r obl igations secured hereby and to exercise all rights and powers under <br />- � thfs Second Deed of Trust w under any Loan Instrument or other agreemeN or any laws now or hereafter In farce: � <br /> notwithstanding,some or alt of the such indebted ness and obligations secured hereby may now or hereafter be otherwlse <br /> - ; secured,whether by mortgage,deed of trust, pledge,lien, assignment or otherwise. Neither the acceptance of this Second <br /> ' � Deed of Trust not its enforcement, whether by caurt action or pursuant to the power of saie or other powers heretn <br />- � contained, shall preJudfce or In any manner affect Trustee's or Beneficiary's right to rQalize upon or eniorce any other <br /> • security now or hereafter held by Trustee or Beneficlary, it being ac�reed that Tmstee and Beneflcfary, and each of them, <br /> • shail be entitled to enforce this Second Deed of Truse and any other security now or hereafter held by Beneflclary <br /> 3 � <br />- : l <br /> � <br /> ; <br />�t I <br /> � �J - _ <br /> _ _ _ <br />