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<br /> such other acts as the court deems appropriate. The receiver shall have the ribht to receive . _
<br /> all rents and profits from operation of the Property,regardless of whether or not the receiver , ,:�=.
<br /> has taken possession of the Property,and shall apply the same after payment of the necessary '_
<br /> charges and expenses, against the amounts due under the Note. "Che receiver shall be � �� - -
<br /> � empowered to issue receiver's certificates for funds advanced by the Beneficiary for the '' ''�
<br /> purpose of completing the construction or reconstruction of the Property, its repair ar 1�i
<br /> { replacement,and for the purpose of leasing, operating and managing the Property. The —.
<br /> � amounts evidence by receiver's certificatesshall bear interest at the highest legal rate,but not -
<br /> , to excced eighteen percent(18%),and may be added to the cost of redemption in the event
<br /> the owners of the Property, Grantor,or some junior lienholder redeems at the foreclosure ` '
<br /> �;..,,.:_'
<br /> sale. In the event any court of competent jurisdiction reyuires the posting of a bond by the •--
<br /> Beneficiary in connection with the appointment of a receiver,the Gruntor hereby agrees und �`'i�
<br /> �.�:.�
<br /> acknowledges that a band equal ta one(1)month of�;mss revcnues from the Property will -
<br /> �' be a sufficicnt amount. �:
<br /> � �.;:m�—
<br /> � Judieial Aetion. f3�nc�iciarymay bring an uction in uny court of competent jurisdiction to
<br /> � foreclose this instrumcnt�r to enforce any of the covenunts And ugreements hereaf. 'Che -- _
<br /> Property muy bc foreclosed in parts or us an entirety. .-
<br /> �.;-
<br /> Power of Sale. Beneficiary may elect to cause the Froperty or any part thereof to be sold "`_ -
<br /> under the power of sale herein granted in any manner permitted by applicable law. In �,.�����"
<br /> connection with any sale or sales hereunder, Beneficiary may elect to treat any of the .���y.r
<br /> Property which consists of a right in action or which is property that can be severed from the �`�'
<br /> real property covered hereby or any improvements thereon without causing structural
<br /> � � ;��_
<br /> damage thereto in accordance with applicable law,separate and apart from the sale of real
<br /> property. Any sale of any collateral shall be conducted in a�iy ma�er permitted by the laws -�'��.-=-.A-=_=
<br /> of the state in which the Property is located. Should Beneficiary desire that more than one �.���
<br /> sale or other disposition of the Property be conducted,Beneficiary may,at its option,cause �=-. W
<br /> the same to be conducted simultaneously, or successively, on the same day, or at such �
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<br /> different times and in such order as Beneficiary may deem to be in its best interests,and na __ __
<br /> such sale shall terminate or otherwise affect the lien of this Deed of Trust on any part af the -"�
<br /> � Property not sold until all Indebtedness secured hereby has been fully paid. �._�_-.------
<br /> �
<br /> Upon the occurrence and durin�the continuance of any Event of Default,or at the maturity ---
<br /> of the Note whether by acceleration or otherwise,Beneficiary is authorized and empoH�ered ;. :�. ,.�,. �� `-'�-`
<br /> without further notice,to file with Trustee,a written Noted of Election and Demand for Sale, � �� ���"
<br /> as provided by law,wherei�pon it shall and may be lawful for the said Trustee to foreclose, � '�!'•'��,Y"',���?;.
<br /> and the said Trustee shall foreciose this Deed of'I'rust,and sell and dispose of the Property � ,;,:a..*;'.`, ��:,
<br /> i en masse or in separate parcels(as Beneficiary may elect) and all of the right, title and -�. - : .
<br /> i interest of Grantor therein at public auctiun at any place then authorixed by law as may be �
<br /> ! specified in the notice of such sale,for the highest and best price the same will bring five
<br /> ! weeks public notice havin� prcviously been given of the time and place of such sale by
<br /> i advertisement,weekly insome newspaperof gcneral circulationat the time published in thc
<br /> � � 14
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