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<br /> , in the notice may result in acceleration of the sums secured by this �ec�urity Instrument and �
<br /> . i sale of the Property. The notice shall further inform Trustor of the right to reinstate after
<br /> acceleration and the right to bring a court action to assert the non-existence of a default or any �� •-
<br /> other defense of Trustor to acceleration and sale. If the default is not cured on or before the ._.
<br /> date specified in the notice,Beneficiary at its option may require immediate payment in full -
<br /> � of all sums secure�i by this Security Instrument without further demand and may invoke the
<br /> ".; ;
<br /> ._. ._� power of sale and any other remedies permitted by applicable law. Trustor shall be entitled . _
<br /> ' to collect all expenses incurred in pursuing the remedies provided in this paragraph 13, ;:: .,t..: r:.:, ,
<br /> � including,but not limited to, reasonable attorney's fees and costs of title evidence. If power ;;� ,;.:4i_�-
<br /> of sale is invoked,Trustee shall record a notice of default in each county in which any part �• ;;;.�:� _
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<br /> � of the Property is located and shall mail copies of such notice in the manner prescribed by � r�';;�_--
<br /> � applicable law to Trustor and to the other persons prescribed by applicable law. A$er the � -�"_
<br /> ' time required by appiicable law, Trustee shall give public notice of sale to the persons and in N`
<br /> i the manner prescribed hy applicable law. Trustee,without demand on Trustor, shall sell the : �'�"�=�
<br /> � ' � Property at �ublic auction to the highest bidder�t the time and place and under che terms ����� �'�
<br /> � I designated in the notice of sale in one or more parcels and in any order Trustee determines. 2�
<br /> i Trustee may postpoiie sale of all or any parcel of the Property by public announcement at the �"•"�?;';
<br /> � � � time and place of any previously scheduled sale. Beneficiary or its designee may purchase the ,�`�
<br /> ; property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the ���;:
<br /> � `y purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be ��,,.�����,� _
<br /> � prima facie evidence of the truth of the statements made therein. Trustee sl�all apply the 2,;; ,.
<br /> proceeds of th�sale in the following order: (a) to all expenses of the sale, including, but not �;� ��
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<br /> � limited to,Truscee's fees as permitted by applicable law and reasonable attorney's fees; (b) to �. V
<br /> � - — all sums secuc-cu by this �curity Instrument; »nd (c) an; E'X('P$C 1A the person or persons ,` ir'_=
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<br /> , legally entitled to it. y�
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<br /> � 14. BENEFICIARY IN POSSFSSION. Upon acceleration under paragraph 13 or '�.
<br /> i� abandonment of the Property, Beneficiary (in person, by agent or by judicially appointed ��,�`�°
<br /> ' receiver) shall be entitled to enter upon,ta1Ge possession of and manage the Property and to -
<br /> �- collect the rents of the Prop�rty including those past due. Any rents collected by Beneficiary _
<br /> ��_�.
<br /> �• or the receiver shall be applied first to payment of the costs of management of the Property —�—
<br /> ; � and collection of rents, including,but not limited to, receiver's fees,premiums on receiver's �
<br /> � ��� bonds and reasonable attorney's£ees,and then to the sums secured by this Security Instrument.
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<br /> 1 � 15. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary,and each of them,shall =_
<br /> � � be entitled to enforce payment and performance of any indebtedness or obligations secured ��°-
<br /> w�-
<br /> � � � hereby and to exercise all rights and powers under this Deed of Trust or under any Loan -- _
<br /> Instrument or other agreement or any laws now or hereafter in force,not withstanding some _
<br /> r i � or all of the such indebtedness and obligations secured hereby may now or hereafter be =-`—
<br /> otherwise s�cured,whether b mon a e, deed of trust, pled e, lien, assi nment or othsrwise. �`-��L ='--
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<br /> � ; Neither the acceptance of this Deed of Trusc nor its enforcement whether by court action or .
<br /> ` ' pursuant to the power of sale or other powers herein contained, shall prejudice or in any �,, , � � '•.-
<br /> � manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security '"'--. ��.�#-�.�� �
<br /> now or hereafcer held by Trustee�r Beneficiary,it being agreed that Trustee and Beneficiary, . � :`t �`"� ��
<br /> �� � and each of them,shall be entitled to enforce this Deed of Trust and any other security now ' -� �"��
<br /> i or hereafter held by Beneficiary or Trustee in such order and manner as they or either of them .
<br />= may in their absolute discretion determine. No remedy herein conferred upon reserved to '
<br /> j Truscee or Beneficiary is intended to be exclusive of any other remedy herein or by law `
<br />- ; provided or permitted, but each shall be cumulative and shall be in addition to every other �
<br /> i remedy given hereunder or now ar hereafter existing at law or in equity or by statute. Every
<br /> ; power or remedy given by any of the Loan Instruments to Trustee or Beneficiary or to which .
<br /> a�ft,ar „�.i,P,,, mav hP �rl,Prw��P encicled. mav be exercised, concurrently or independently, _
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<br />� , from time to time and as often as may be deemed expedient by Trustee or $eneficiary and i
<br /> either of them may pursue inconsistent rernedies. Nothing herein shall be construed as ,
<br />= prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to the extent �
<br />- such action is pertnitted by law.
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