|
. �C �` .L .� , ' . ` • - • •. •_ ` -f , � - 't� � . . _ . , ^ �..
<br />, • ; . . .. . � . ` • , • . ` • � . . - . .. � t� ' ..-.
<br /> . • ' • ' . . .. � . � . � l . . 4 f , � ' . � � �. ' • -
<br /> � � �: . . . . . . . , ' � . ' � - .. . , . , . . - � . . . � .. . C- - . : -
<br />._ . =.-r.-. _ �_��..1_:���- __ - ' • • ' -_ _ _ � _ � _� -__ ...-
<br /> Ct -t_ _. ..._ ..___.__ ''_ ' . "_' _.--."' „ ;_ ' _ '' , ' '_" . .___.i1 ... �. .< �. , _
<br /> . . ' t. . - � .. � -� .. . . . � . - , . . . ..kf�'_
<br />- �.��:-. .._.___. ` .... . .. ... .. . . . .. . _ .... ._ . . . . ... . ,`�Y. . . ` . . . - . . � " ,..._ ....�_" "''._._..._.._,_ . .. . . � .��:
<br /> 97- ����i � � �, . .. �-�
<br /> tdl a wdi ot exetution or etlaChment ol any stm�lar pror,ess sha11 be entered apa�nst Trusmr whtch shatl . =°
<br /> �j become a lien o�the Trust Estate or any pmtton thereot or inMrest lherein ert� such exeeuiton, etttichmont or sdmita► • i . ._; _
<br /> ,� process ot judg►nent Is not�efeased.bor+ded, satisfied.vacateJ or stayed wttfitn sixty(601 days elter i�s enuy or tevy;or } �
<br />�j ' _
<br /> ` ' represenlaUan or�warrantY con afned tn amr pdor deed ot�trust or mortgage atte�tir�g�the Trust Estate�ditian, pro��sion, � ` � � , �`
<br /> .f . ,
<br />' 10. Accetaratlon upon Defauf�;AdCltlonal Rsmedles. It an event al detautt osews. Beneticiarv may dectare the . ,,�
<br /> ' Indetttedness seeured hereby to bs due and payabte and the same shatt thereupon 6ecame dua and payabte without any • .. . ...._
<br /> presentment. demand. �rotest m�otice of any ktsid. ?1�arealte�,Bersaliciary may: `'_�: _. , ..,..,..':_
<br /> ' p� eiUier in person ot by egent,wlth or without bringing any action or proCeedinp.oc by a receiver apRainted �',��:�-y�-:�� -
<br /> . y-''..� �.
<br /> by a court and wtthout re8ard to the adequacy of Its security,enter upan and teke pasfesston ot the Trust Estate.or any -�.;�,�,,�_'e.,�
<br /> .:F -......s''a•u+.e..::."�.
<br /> pait thereot,in i9s own name or tn the name o1 Trustee,a�d c!o a��y acts which it deems necesse*Y or desirabfe to p►eserve ,. ` �
<br /> H��vatue.marketa6itity or tentabilNy ot the Trust Estate,or part thereoi or Mterest lharetn,Increase the income thEre(rom :`.,�.� •'__
<br /> " or protect the secudtY hereo�and.with ar wi4hout taking O�ssessian ol the Trust Estete.atle tor or otherwise cotle�t the � 's_—=------
<br /> � rents,issues and Orotits thereof, inctudtng thase past due and unpaid, and appfy tha same.tess costs and expenses ot ���:=�
<br /> operation and cottection lnaSudinO attomeys'tees,upon any inde6ted�ess seetired hereby.e!1 Tn such�rder as 8enetidary .''�'r��
<br /> L -�^!:_�
<br /> may detertnine. The ec�terinp upan and laktng po5sess�un a� the Trust ESteIC, ths eottection o1 suc��rents,issue.s and �.�,g,g��,_�
<br /> � prolits and the eDD���tian thereol as aloresatd shafl not cure or waive any detautt or notTce ot delault hereunder o� . . _ .`- _
<br /> ;`= Invatidate any act done tn �esponse ta sueh detsutt o► pursvant to such aottce oi delauit and. nolwithstandinp lhs . � '; �, � r
<br /> canttnuance in possessEace vt the Trust�state or the cotiection,�ecetDt and appticetlon oi rents.lssues or protfts.7rustee .,1,ri . ;:` ..,,,�•�?� :=-.-:
<br /> , , o* Benafldary shail 6ecan �ntitfed to exercise every�Ight provided lor tn any ca the loan Inswments ar by taw npon � -� �= ' r���,
<br /> .;,; pccurrenCe of any even�ot deteult,includtn0 the r�8ht to exe�cise the power o7 sale; �:£;�� .r' ' �� ;— �
<br /> ;��. 1�;_�; t. .:�,�� r.: :.
<br /> r,:«.
<br /> �_•1� (N� commence an aation to fqtec lose t h is Doe d o I T r u s t a s a m o r t g a g e. �p�z�r,3 a r e c eiv er or s peciticaity '•`•�N��_,.. " � �.
<br /> ,.::ac:',{�.i.�,7�!�.,�`F�._,
<br /> eniorce any ol the covanants hereo/; � ��,�.
<br /> ; : .:-� . � :�: . ,
<br /> ' � �iti� deliver to Trustee a written declav�C�on ol detault and demand to�sate ar+d a w�itten natis¢a�detault and ;, -
<br /> 4�: ' elecdon tce eause Trustor's Tnterest tn the Trust Estate ta be so�d, whtch notiCe Trustee Shall ceuse to'�z duly liied[ot �` , �•, . ---
<br /> '�'� � recard in Z'h�appropriate olfices o�1he County tn which the Tce�se Estate Is located:or - � ; _
<br /> .�r:,:,
<br /> �,i,�r� ".'.!:�r . r':,!�, ,'
<br /> ,'•s � ,,<< �.. .__
<br /> � s (ivl exercise such other c�dhis a remedies at taw ar in equity. " � s s�" {.
<br /> ��''€t 11. Foret losura L�P';,'w o r o l S slo. II Beneiici�nr elects to torec�ose by e��'cise ol the Power ol Sa1e hereln contained, . : :�:� �'r:it "
<br /> !:". ,___
<br />`,,.,2 BeneBclary shall notity T�us:e�a�d shail deposSt with Trustee thds Second oeed of T�vst and any note evidencing the Inde bte dness '%� ,�i ; `
<br /> • A=
<br /> •�r and such rece�pts�rtd evldence ot expenditu►es made and secured hereby as Trustee may+equite. ,;1ti�.;� �'s_,�-:;
<br />. . _ .,��� ���a i t .,�. .
<br />� ` � ta) Upon receiDt ol such�ottce Irom 8enef(ciary,Trustee shall eause to be recorded,published and de�tvered ,,,��`,�:.��,t
<br /> :, �� to 1tu5tot such No4's3 oi Defeutt end NotiCe o�Sy�as then requtred by law arid by thfs Second Deed ol Trust. Trustee � _--
<br /> �' shall,wi4hot�t demand on Trustor,efter sueb time as may then be required by law and allet teaordation o7 such Notice ot . —
<br /> f Qetaut4 zr.d atter Not ice o i Sa le hav in p b e e n p�v e n a s�e q u i r e d b y�a w,�a 0 t h e T r u s t Eatste st the 4ime and pface of sate . , ��,;:..�:�.
<br /> � ..�...,.. �, .----�
<br /> "y tixed by cC+�n auch tJot�ce a1 Sate,etther aa a whofe,or in separate tots or parced�or itema es Trustee shatl deem expedte�2, •, i��I.:r .
<br /> '� � anA tn sucfi order a�it may datnrmine,at pubUc auctio»to Ihe hTg:�est b�dder(o�Casb M taw9ui mOney ol the Untted StaTCa • �:�:s�`'��. -
<br /> ' E im f sate. 7rwtee shait detiver to such nurchaser or pu�chasera thereol t!a qaod end sutlicieRt deed or ;"�;t�: __
<br /> . � payabte at the t e o - �., . �':v-��,
<br /> deeds eonveytng the prorierty so sold,but wtthout any cavenant o►warranty,ex�re�s a►imptied. The recitats in such deed �� _�_
<br /> '.I oi arro�+attera a lacta shaii be coactuslvb Droc� a� the truthlutness therea0. Arry peraon, In�tudlnq without limltation �-
<br />���°�' Trusto�, 7rustee or Bene�iclary.may pu►chase at such sate. � � ' '`�`�
<br />,; i •,:.�::'�.�„_�cf'4;f4'p!',-"_..
<br /> ..,,:�r�E��'s��
<br /> " (b) As may be permit:��by taw,alter deducting all costs,fee�and expense�oi Trustee and ol this Trust. .i.�,,a�+a���r�:
<br /> . ���:
<br /> inr,ludinp costs ol evidence o1 Iltte in c�nnec4tc:+�.+�iih sale,Trustee sha118ppty the Oroceede oi aefo to paVment ol(i)the �;�`"':_-�_
<br /> „�v.,,�',,,^t.�r�a:.
<br /> . :�� tndebtedness 1�11 otl vther svms ihen��,aed O�ecNJ=�r.and(iiq the remainder.tl any,to tho De�son or persons Iegally entitted �Y », fy.�,
<br /> thereto.
<br /> y�_:
<br /> .,• � tc) Trustee mey in t":a�s:anner provideJ by law q.ostpone sate o1 e11 or art$cc�n'Uon ol the T�ust Estate_ - �,..�.. .
<br /> .� - �-�-:
<br /> 1 Z. ltemedle�Not Eseluslvs. Trustee ar.d Esnelic�ary, and each al them.shail be entitled to enlorce paYment and ��
<br /> � partormance oi any Indebtedness or obligaUons secu►e3�"ereby a�J to exercise a8 vights end powers under this Second Oeed of ,�;`�A_`�
<br /> , ;� Trust ot under any loan Instrument or othe�aareement cr any laws nuw or hereait�:u.�toice;�twithstandinp, some or a110l the �
<br /> .,.��'.;�'.�.`�-
<br /> such Indebtedness and obttgattons secured Pe�eby may now or he►eatter be otherwise sacure�.vdh-��'+er bY mortpage.deed ot trust, _
<br /> ptedee,E2s+,assFgnment or othe�w�se. Ne?�!`e�t1�e acceDtance ol ti�is Second Deed of Trust nar�,.s¢ntorcement.Whether by court _
<br /> .:,�-T---,.�:
<br /> astion o�C'=��ant to the powe►of sale c�o?h2��c-J12rs herein cont�ined. shall pre�udice or i�zny ma^ner atlecl Trust?a's or . .�� -
<br /> _ f3Eno11eiary•s right to reatize upon or enlorce a�+v c5'�+security now or herealter hetd by Trustee or Beneliciary,it being agreed that .
<br /> _' yrUSte9 e��d Bene1fC18ry.and each o1 them,57���bB e*'^.'C'ed to e��lo�ce this Second Deed ot Trust and any o°'+z�secu�ity naw or ' _
<br />, � � . .. �
<br /> 3 ' -
<br /> ,�. . . . _.
<br /> � -�:--,�—, ,----• • . ---...�.__. ,-,. __: . --------�---�- . � . . . . . . . ----;- . •-, . .- . . .
<br /> . . . . . , . . . , .. . . • . �,. �.
<br /> , . . . . • .. ` � r
<br /> _—_— -- -._. _ _... , - ---------- --,— ---- -•----• _
<br /> � . . . . ' ' - :- . _ - . �---- - � .�
<br /> , �• ' . . - • � ' r j. • ' .. ' . '�y
<br /> -' --- w;-w-- ......,--�--.•,-;-...�.____—.�. _� ...-,.--- ---.,._ - , - -, :.>— _ --. 9 • - , -.� . -- � .., , : •,
<br /> . •' . .., .'�.,. ,+ • ' . �':. _ . ,. . .. , ��' � . .' . .' . . ` . _ . .' . ' .. ., . ,`', . . „ �• :.
<br />
|