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<br /> �� • Id1 o wrlt af oxoCUtlon or ottar.hmont nf any similnr procass �a�bo o►ito��p�lnst Trustor whlch shall
<br /> • bocom9 a Ilon on tho Trust Estato or ony portlon 4harool or interost tt�o�oln and such oxar,ution, attachmant or similar
<br /> , pr��asa of Judpment Is not reloosod, bondad, satlsfiod,vacatnd or stoyod witt►in sixty (E301 days altor its entry or levy; or
<br /> � � (el thore haa occ�trred a breach of or dofuult under arty tnrm,covennnt, apreemQnt, condlHon, provision,
<br /> rap►Qaontatlon or werranty contained in ony prlor dood of trust or mortpago affoctln� tho Trust Estato.
<br /> Z 10. �IccN�ntlon upon Ddirdt;A�dltlona!Remsdl�a. If en evant of datoult accura, Benof�ciary may daclare tha
<br /> ' 4 ? Indebtedness secured hereby to be dua and payaDlo and the same shall the�eupon bocomo due and payable wlthout any
<br /> : - � proaentment,demand, protest ar notice o1 any kind. Theroafter, Beneticiary mAy: '
<br /> ....��.�e�''�
<br /> `�^�"'�'� (il either in person or by apent,with or without brinpinp eny actlon ar procoodinp, or by e►eceivar appointed
<br /> '' by e court a�d witho�t regerd to thu adeq�uacy of Its security, ontor upon and tako posseasion ot the�rust�state,or any .+t
<br /> part thereof, in Its own r�eme or(n the nome ol Trusteo,and do any acts which it daems necossary or dosirable to preservo -
<br /> tho value,markotability or rentebility o1 thA Trust Estato,or part theroof or interost therein,Increase the incamo there(rom
<br /> or pratect the socurlty horoo/and,with a without takinp possesslan of the 7rust Estato,suo for or otherwise collact tho
<br /> rents,Issues and prof(ts thereof, includinp those post duo and unpaW, and apply tho same, Inss costs and expenses of � �`
<br /> ��. operatlon and collectipn Includinp attornays'loos,upan any Indobtedness se�urud hereby,nll fn such order as Boneficiary
<br /> •+� �` ma� detormine. The enter�np upon and taktnp poss�snion oi the 7rust Estate, tho collectlon of such rants, issues and
<br /> ;�, proflte and the applicatlon thereol as aforesaid shatl not cure ar waive any default or not(co pf dniault hereunder or
<br /> Invalidato any act done In responsa to such default or pursu�nt to such notice of cJefault and, notwithstandinp tho �``�°=
<br /> continuanca In possesslon oi tha Trust Estate or the collection, recelpt and appiication of rents,Issues or proilis, Trustee Rr
<br /> or Beneficfary shall 6een entttlod to exercise every right prov(ded Tor fn any ui the Loan Instruments or by law upon ';;4?�.
<br /> occurrenco oi any event of default, includ(ng the right to exercise the power oi sate; �
<br /> ,;.
<br /> � ' («l commonce an action to foreclose this Deed of Trust as a mortpepe, appo(nt a recoiver or specifica7ly ,�
<br /> .• ��� enforco eny oi the covenants hereof; --
<br />-- � = • �f (fit) deiivor to 7rustee a written declaration oi dofauit anJ demand tor sale And a written notice of detautt and
<br /> ''�' �•': electton 4o cause Trustar's fnterest tre the Trust Estate to be sold, which notico Trusteu shall cause to bo duly filed far
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<br /> ,s;:,,,-,• ,.r reco�d In thn appropriato ottices of tha Caunty tn whfch the Trust Estate ts located; or
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<br /> " - _'.,,� Si:! o�a�sioe 5ucii oiner rignts or remedies at law pr(n equity. —
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<br /> s'^.''�' �'�';'• 11• Fonclotw�byPowsr o/Sds. If Be�eHciary elects to forecloso by exorCise of the Power oi 5ale herein contoined,
<br /> ��;:;'.: n;,:�;: Beneticlary ahau notify Trustee and shall deposit wtth Trustee this Second beed ot T►ust and any note evidenc(ng the lndebtedness
<br /> _=�`�•'-��`•��= and such receipt& and evidence of expanditures made and secured hereby as Trusteo mey require.
<br /> _ .::'�.
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<br /> ��"'�� �a) Upon�eceipt of such notice from Beneficiary,TrustQa shalt causo to be recorded,published end del(vored
<br /> --'"""�"""� to Trustor such Notice of Default and Notice of Sele as then required by law and by this Second Dead of T�ust. Trustee
<br /> �•°�"°�'-� shall,wfthout dumand on Trusfor,aftor such tlme as mey thon be requtrod by Inw and akar racordation of such Notice a(
<br />-=�;��'�?+s�� Dafaultand after Noticp of Sale havinp beQn given as required by law,selt tho Trust Estoto at the time and placo of sale
<br /> _ ��-��6�"��'� fixed by it In such Noticct of Sote,ehher es o whole,or in separate lots or parcnls or ftems as Trustoe shall doQm expodiont,
<br /> and in such order as It may determ(ne,at public auction to the hlghest bidder for cash in lewiul money ot the United Stetes
<br />--eaitiT ���•.
<br /> --=°�1�� payeble at the time oi sale. Trustee shall deliver ta such purchaser or purchasers thereot its good snd sufficient deed vr
<br /> _YY�__� deeds conveyfnp the property so sold,but without any covenant or warranty,expross or implied. Tha recitals in such deQd
<br /> __________ ot any matters or facts sholl be cone�usive proof of tho truthfutness thereoi. Any person, tncluding wlthout Ifmitation
<br /> __ �, � Trustar,Trustee or Boneficiary, may purchase at such sale.
<br /> �___._-- lb) As may be permftted by law,aitor deducttng all costs,toes and expenses of Trustee and of this Trust,
<br /> _--__v IncludfnQ costs of e�idence oi titte tn connectfon wlth sale,Trustao shall ap�ly th�proceeds of sale to payment of(i)the
<br /> _ ___ Indebtedness (lil all other sums then secured hereby,anJ�iiq the remainder,i�i any,to the person or persons Ingally entitled �
<br /> thereto,
<br /> _�_._�_- (c) Trustea may In tho manner provided by iaw postponn sale ot ell or any portion of tho Trust Estoto.
<br /> .�.h.�•�t„-;,-
<br /> '"��� 1 x. Rsm�dlea Not FxcA�sJvs. Truainn and Benoticlary,and oach oi them, shall bo ontitled to entoroe payment and
<br /> _.�.:-n�� periormance of eny Indebtedness or a6ltpations secured heraby nnd to exercfse alt riphts and powurs under thts Sacand Deed of
<br /> _--'w�€;t.:;� � Trust o�under any Loan Instrumont or othnr apreamnnt or pny iaws now or hvreaitar in forco;notvrltNstandinp, some or alI of the
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<br /> _ �..-.....,^�� such indebteclnees and o81(pations secured hflroby may now or hereaiter be othorwiso securod,whethor by mortpago,doed of trust. �'
<br /> --_;ti;:y�,;q�:• ,. p►adpo,Iten,osslpnmant or othorwise. Nefthor the acceptanco oi this Setcond Deed of Trust nor its enforcoment,whethor by court
<br /> `°�� �t� action or puresuant to tho p j Y -°
<br /> ;.;y� .�•:;::.:.t:;• power o}sala or other powors hQrefn contalned, shaU re3 udtco or In an manner aflact Trustee's or �
<br /> _ Boneticiary's right ta remlize upon or unforce any other sQCUrity now or heresofter hald by Trustee or Boneticiary,it being agreod that �
<br /> - Trustee and Bonefleiary, nnd o�ch oi them, shall be entltled to eniorce th(s Second Deed ot Trust and any other sacuriry now or F�'���
<br /> ;.N., . ��`y."
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