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<br /> DEED OF TRUST P�qe 5 ;.
<br /> (Continued) � � ' •�
<br /> ndGr of rnoth�r Ibn,a Ih�us�of lunds or ttN dwNiinp fa prohibil�d purposas. �
<br /> •• 1Y. GRANTOR'S AIGFR TO CUiiH. Upon th� occurt�nca of�ny Ev�nt o}D�hult(o�hor than haud or m�lanal m�arpr�ntaqpn�and pnqr to �
<br /> , oxeoistnp�ny of th1 nqnts and nmetlta ptoNtlad in this Dsed of Trust or by kw.Under shali piw nol�rw as proHd�d m tha OMd of Tlust antl�t •
<br /> nqulnld by appllcahN law. • • . . -
<br /> h:.:�.
<br /> 20. RIGFfTB AMD REMEDIES ON DEFAI�.T. Upon Iha ocCUrtence of any Event of Dehult and al any nmo lharsnRor,Truslw or L�ndar,at Ib opaon. -��i,�,;s;•��--+
<br /> � may�xKCls��ny orn or ma�ot Ihs fdlowinq nphle and remstlNS,m addition to tny olhsr nphts a nrrNdias prohded by uw: T;_.;�;j�_,�_
<br /> ACC�Natlon upcv�D�Uult;Additional R��dNs. II any�wnt of dafautt oceur8 wh�h Is not cund within Bft�1n(16)days�tt�r noda,L�nd�r 'w �`�"'-'""-—
<br /> may d�c4r� aN Ind�bt�Gn�ss s�cund by th�s O�stl of Trus1 to b�du��nd payabw and 1M urrN shall Ihereupon b�corrM du�antl a abN ' •"`==
<br /> wilhout�ny pres�ntm�nt,dem�nd,Prot�st a rotlu of any ktnd. Th�ntRK,L�nd�r rrqy; P Y ._..:,__
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<br /> � (a) Eittwr in pwson or by apsnt,wtlh or wlthout bdnpfnp any actlon or proc»dinp,a by a race�ver appointed by�court and wfthout rpard .
<br /> to tM adaqutcy o�Its security entK upon and take possession of the Property,or any part thereof,fn ib own nartN or m iM ntrn�ot :.i.��
<br /> , Trustee, and do any acts which it deems rwcessary a desir8ble to preserv+Iha vtlue,mark�tability a ronfusiHry ot tM Propwty,or ptrt of :'�,.
<br /> (h�Properry or intarost in the Property;incroase the incoms hom th�Property or protaCt th�SeCUriry of th1 Prap�rty;tnd,rvdh ar wilhout • �
<br /> taklnp possegslon G th�Property,sus for or otherwiso collecf the rants. Issues and profits of the Property,indudinp thos�past dw and � .
<br /> unpaid,an0 apply IhQ same.Iess costs end expenses of operahon and cW�ection,includfnp aRwneys'tees,lo any�ndebtedrwss secureH by
<br /> this Deed of Trust,a1�n such order as Lender may determine. The entennp upon and takinp possession of tM Propwty,tM coll�ction of :,y.�.:
<br /> � suCh ronls,issWS�nd profils,tnd tna appiication thereof shAN not Curo ot waw any dolault or rv�dce of doauH undM this ONd of Trust or .,+::�'�.r..
<br /> invalidate�ny�ct done In response lo such de}ault or pursuanf to such notira of defaulk and,notwHhstandirq ttw continuanq in possession ' "'
<br /> ot ttM Propwty or tM cdlectlon,rocelpt and appllqdon of rents,Issws a profits,Trustir or L�nder shall b�entiGW to warca��wry rlpht ,�^�,
<br /> '� provided fa in tt►o Cr�dlt Apre�msnt or the Re�aled Oxuments u by I�w upon th�occurronee ot any event of Whult�ncludinp th�ripht to ��.'��+`,;'•
<br /> ex�rcise tM power d sale;
<br /> (b) Commena an actton to taoclosv th�s Deed of Trust u a maipaqo,appdnt a recsiver w speclNcaNy enlorc�any oT th�cownants -�?Y:'..�
<br /> ,� hete0f;811d , �.v.
<br /> (o) Delivw to Truslw a written declaration of defauit and demand for sale end a written noNce o}Gefault ond Wctfan to ausa c3rantors
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<br /> � Inbnst in Vw Propwry to ba sold,wh�h notice Trosteo shall cause to be duly filed for reeurd in the appropriaU oMOSS of th�County tn wh�ch •���.�;�
<br /> � th�PtOp�rty ia lOCa�tW. `*, �
<br /> FoncWsut�by PowK of SW. If Lendet elecls b foreclose by exerCise of Ihe Power�f Sa�e here�n:Ont�ined,Lender sh�A nody Trusut and c. ��°='
<br /> sh�!!4!�:x!t wil!!Tn1e�r th►a n�ae�n�Tr��f and the Cr�ft Apreernent ar.d:uCh r�eip�snd s:�dcr.x rt ax��,BStC�wra;�rsads¢nC sa;u��ni t�y its `�..�a• '�'s c
<br /> D�M oi Trust u Trustee mey requiro. • �
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<br /> (a) Upon receipt of such not►ce hom Lender,Trustee shau cause to be recorded,publlshed and dellvered to Gr�ntor such Notlp�of DefauB � •_
<br /> ecep
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<br /> �nd NoHq of Stlo u then reqWred by Inw antl by thrs Deed of Trust. Trustee shall,wffhout demand on GraMOr,11tM suCh drt�as rrry ttqn ,.��:�
<br /> b�nqu+red by law ind aBer ncord�tion of suCh Notiet►of Default anG atter Notke pf$ale hAVinp been yiven q requlnd by 4tw,aWl the '�r=
<br /> Prop�ty at tlx�Nrrw�nd placa ot saN hx�d by it in such Not�Ce of Sale,either as a whoio,w�n separate lob or puce�s a it�rra as Trustae �(�=
<br /> ShtU dYem expedNnt,and in�uch adw as It may d@t8rmme,9t publlC auCtlon t0 Ihg h�QhBSt bidtler fOt CBSh in kwful moMy 0�ttN UMtld ��
<br /> $tYt63 paytbN�t IM tlme Of OY19. Trust99 shYll dellvBr to SuCh purChaSer pr purch859r5 th0rep}it!qo00 8nd suMCilnt dNd O/dNdS .;;t;
<br /> eonvorin�the prop�ty so sdd,but without any covenant a warranty,express or�mpiied. The recitals in such W�d of my rrrtt�rs a hcts `
<br /> Shall be Co�cluslv6 Droof of the truthtulness thereof. Any person,includinq vnthout Iimdeti0�(irentor,Trustee, a Lend�r,may purChase at
<br /> Such581e.
<br /> (D) AS may be permllted by law,aRer deductlny ali costs,fees Qnd expenses of Trusteo and of this Trust,indudlnp cOSb ot�vld�no�of tlq� _ �
<br /> in eomectbn with 31b,Trustee shall apply the proCeeds of�Ie to payment of (f)aA sums expended under ihi terms of thb Dpd pf Trust or
<br /> undYr the Iprms of Ine Cretlit Apreement not then repald,includin�but not limitetl to ucCrued Interest and late charp�s. (II)�Y othx aums
<br /> . th�n s�CUr1d hlr�br,and ptl)tha romatndar,If any,to the perSOn or persons Igqally entitied thereto.
<br /> (C) Trustel may In lla menner provided by Iaw posipone sale of all or any portion of the PropeAy. -
<br /> R�mNlies Not Fuclutivf. Trustee ond LQnder,and eech Of ihem,shall be entitled to enforCe payment and pertamanCe Of any ind�btatln�ss or
<br /> oblptHOm secaed by ttus Deed of Trust and to exercise all nphts and powe�s under this Deed of Trust,under thn Cred�t Apreerr�nt,und�r any ot ;'u
<br /> 1hY RWatetl DoCUrtwnts,a untler any othOr ayregmpnt or any Igws now or hereafter m force;notwdhstandmy,spme a all ot suCh Indebtedness
<br /> and obliqitions SeCUred by Ihis Deed of Trust mty now a hereatter be Otherwise secured,whether by mortpaqs. asd of trusf,pledpo,Ipn, - -
<br /> a551pnmeM or dhenvise. Noither the BCCeptaneo of ihls Deed of Trust nor ils enforcement,whether by court act�on a purswnt to the powa of -_
<br /> saie or other pOwArs comuned�n thls Deed Of Trust,shall preJudtce or in any manner aHect Trustee's or Lenders rlqht b r�Na� upon or�nforCa --
<br /> any oth�r seeuriry now a hereatter held by 7rustee u Lender,It beinfl aflrepd Ihat Trustee and Lender,�nd e�cn ol Ihem,snaN b�enHtktl to
<br />_ � �nlorCS 1NS D�ed of YruSt and any othar�cudty now or hereaHer held by Lender or Trustee m such orde�nnd minMr as IMy or Nthw of them -
<br /> , � sr�;!n lt�i nbsoluU discrarion detormino, ho rpmgdy conlerred upon or reserved to Trustee or Lender,ia lntendld ta b��xdus�w ot any othpr '��"� '
<br />- I rem�dy in ihls Deed ot Trust Or by law proWded w permifted,but eflCh shall De cumulaUve Bnd Shap be�n addition to eWry othx qmWy qrven in ��_.�
<br /> this Daed of Ttust or now or hereeller exisHnp�t lew pr in equdy or by statute. Every power Or remedy qiven by ihe Gedit AprMrtNnt a any ot �T�11�R';
<br /> i ttq RelatYd DoCUrMnts lo TrusteY Or Lender pr to whKh A�thgr Of them may be oth@nvi59 entiUed, may 1� fn9�eis�tl, CpnCUrtmtty or +�`�"�;`' .
<br /> � Indop�ndYndy,kom time lo tlme 4nd as oRen ns may be tleemed exped�ent by Trustee or Lentler,and either pl them may pwsue inconsistent ,�=`�����-'-�
<br /> remldiYS. Nothirtq wt ths D6etl of Trust Shall be Consirued 88 proMbihng Lender hom Seekmg s tlefltiency�udqmBnt apainsl th�Gr�ntor to ihe �`'"'�`�-`��''
<br />' � 6xtent SUCh BCiWn fy p6rmit6f!by lew. � ,,;,: '
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<br />_ Request For Notfct. Grontor,on behalf of Grantor antl Lentler,hereby requests Ihat a copy ol any Notico of Default anG a copy of any Nottce of ,�;��
<br /> 1I $8I6 und9r IhFS D9Ad of Trust be m8�letl to Ihem 8t th8 8dtlr85SB5 58t forth in the firSt pa�8g�aph of ihis D98d of Trust.
<br />+ i Welver;EIlCtiOn Of Remedles. A w8war by eny perty of a breBCh of a prohsi0n 0�this Deed of Tru51 shgll nOt Co�titub a wYn�pf pr pre�utl�ee •
<br />, ' the perty's nghls otBgrwne to demand sinCt Complianee with that pro�s�on or a�y olher prohsion. Election by Le�da to Dursue iny remetly
<br /> I pro�ded m this Deed of Trust the Credtt Aqreement,�n any Related Document,or pro�ded by iaw shall not excluds pu�suft o�ar�y ofhsr rertwdy, ' �
<br /> i and�n eleChon to make ezpenditures a to take action to penorm an oblgahon of Grantor under ihls Oeed of Trust tRer hilun of Grantor to
<br /> petfprm shYll not afl�Ct Lender's riyht to deC�tre a default and to exerc�50 any of its remetli85.
<br /> ' � Attomsy�'Feree; Expen�e.�. If Lender Inshtutes any suit or achon to enforce any of ihe terms ol this Oeed of Trust,Ltnder Shap bY onbtled to
<br />- recover such sum as the tou�1 may edJudpe rensonabie as attorneys'fees et Ingl�nd on any aDPeal. Whether or npt eny Couh QCGon fs involveC,
<br /> ali reesonibfe�xpenses u�CUned by LYnder wh�Ch in Lende�'S Op�rnon are neCessary a1 any Ume tor ihd prpteCtlon ot ItS Inlerest or the
<br />� en10rClm9��of d5 rpht5 yl���pg�om9 a p�rt of the Intl@bt8dnf65 p8y8ble on tlemand 8nd sh811 be8r mtere5t at th@ CrE�A lRyrBBrtfgnt►it8 frOm th8
<br /> . . Aata1�f�XOB(IWIUfB Ull�ll fBD�iA Fxnwnene rnvnraei ho Ih�e�n.oe•_�h�....��ae ...��w����.....��..�.. ..�..�..Qi ouyjvi,i iv e�� iimi � '. . � .- _—..-
<br /> _ lew.LBn02r 5 aY.orneys'ItCS wh@Ih@r Or n0�th@r@ i5 a lawsud,�nC�utl�� Y o under spo��cao�e I
<br />= v�C1�P 3r.a�tomalK 5ta,: r„g anornevs.�ees tor ba�krua�cy O�oceetlmgs nnuud�ng e�toru Io mod�y a
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