|
..� . • ,.,.
<br /> �r�°�.,._ ' .. - � • ' ,_�•�_
<br /> . ... - ��r�rint±rF..� . , .<..��,,�'.�`_-=--
<br /> . � . . � . . •`�.,�" ---
<br /> . � -
<br /> _.. •-
<br /> . ._ ..__. . . „ . {
<br /> � �d) a wrlt af exacutfan or att7chment of any sfm�lar prace�a shall be en�ered apa�n�t Tn�atnr wn�cn ehUl
<br /> become a Iicn on the Trust Estate ar anY portion thereot ar �ntereat thorein anU suan exer,uttqn. attaCnmant or s�m�i�r
<br /> pracees af judpment ia not released,bontled. sat�afiad,vecated or stBVed within s�xcy 180) Coys after it9 entry ar lavy;or �
<br /> , � �e1 there haa oacurred a breach of or default und�r any term, cavenant,ap�nement, conditton, pravision, 0
<br /> I ropresant�tlan or wenanty contal�ad in any prior deed of truat ar mortQaqe aNecnnQ the Trust Esrnca. � ,
<br /> ;,,,�.�"i 10. AatN�rstlon upon D�laWt;Add1tlona/ Rtm�di�sr. If an event o4 default occurs. Beneftciary may declare th� � �
<br /> •�•� -�.. Indebtednea� securad hereby ro be due and payuble and 4hn same shall thereupon became dua and payahle withaut any �
<br /> presentment, aemand, pratest or notice ot any kind. Thereaher, Heneficiary may: � ,
<br /> " • �p either in person or by agent,with ar without brinyinq a�y actton ar procaedinp�or by a receiver appainted � _ -
<br /> by a cou�e and without ragard to the edequacy ot its security,enter upon and taka poaaessian of ths Trust 6tate,or arty ��''
<br /> ,, panMereof,in itt own name or in the name of Tnistee,a�d do any acts which it deemanecesaary or des�rable to preservs ,�:`;°
<br /> .�: the value,muketabtlity or renrabitity of the Trust Estate,or part thereot or Interen therain, increase the Income tharefwm �
<br /> ' or protaat thr securfN hereaf and. with or without taklnq possession af the Tnut Estate,sue for or oth�rvviaa cellect th� ''"
<br /> � rer►tt. iasusa and profits thereot, includinp thosa paat due and unp�fd. and apply the aame,leaa coats�nd expenaa of --
<br /> aperat�ian and callectton includt�p attomeys'fees,upon any indebtednesa secured here6y. aU in such ord�r as Baneticfuy
<br /> may determine. The entedng upon and takinp possessian ot the T�ust Escate,the colleotion of such renta. tsaues and ' •°b
<br /> pra�tts and the application thereot as atarasaid shali not cure ar waive arry default or rsotiee of detault hereunder or '
<br /> tnvaltdate any act done (n response to such default ar pursuaM to such notice af detault and, notwithstandtng the - - -
<br /> con�nusnce in passeasian of the Trust Estate or the collectipn,rnceipt a�d appltcatlon of rante,tssues or proNts.Truste�
<br /> or Beneficiary shall haen entitted to exerctse every ripht provided for in any ot the Loan Instruments or by law upon -
<br /> occurranca of any event ot default,inaluding the ripht to exnrclse the power cf sale; -
<br /> ((ii cammence an actlan to foraclose thls Oeed of Trust as a mortgage,appoint a rnceiver or specificalty
<br /> entorce any of the covenants hereof;
<br /> r[�-
<br /> ' Uiil deliver to Trustee a written declaration of default and demand for sale and a written notice of default and --
<br />_ electian to cause Trustor�s interest in the Trust Estate to he sold, which notice Trustea shall cause :o ba duly rile0 for rr:"-
<br />- ' �`'' recorci in che appropriate n�ficES of the C�unty in which the Trust Estate�s located: or =
<br />. �� (iv) exerc�se such other rignts or remedies at law or in equiN.
<br />-- 11. Fw�clas:�rs byPowei ofSal�. If Beneftciary elects to forecfose by exercisa af tne Power uf Safe herein cantamed,
<br /> =.�;. . Beneficiary shall no�ify Trustee and shail deposit with Trustee this Sacond Deed ot Trust and any note evidencing Me Indebtedness
<br />_.:��,.,_ �� • and such receipts and evidenca of expendttures made and sacured hereby as Trustes may require.
<br /> Y:ti.._+..�. .
<br />�;�-�:ti;:�
<br />_:r��:� (e) Upon receipt of such notice from @eneffciary,Trustee shall causa to be recorded,pubitshed and detivered
<br />;„�s:.: � :;. to Trustor such Notice of Oefault and Notice of Sale as then required by law and by this Second Oeed ot i'nest. Trustee
<br /> �.. ;. .
<br />_ •:� -..,. shall, without demand on Truscor, after such drtre as may then ba required by taw and atter recer�attan of such Notice of
<br />����==;F y1, Oefault and eftar Npt[Ce af Sala having been given as required by law, sell the Trust F.state at the dme and place of sale
<br /> �II"��� � tlxed b ( p
<br /> V�w;q r���,-� y t in such Notice of Sale.either as a whole,ar fn separate lota or parcela or itnrne as 7rustee shall deem ex edier►G
<br /> -,_����,_�.-;,� and in such order as it may determine,at pubUc aucdon to the h(qhest bidder far cash in Wwful money ot the UnRed States __
<br />� ��;� payable at the Nme of sale. Trustee shall deiiver to such purchaser ar purchasers therent its pood and sufftcient deed or
<br /> ---_= deedx comreying the property so sold,but without any cnvenant or warra�ty,expross or ImpUed. The recitals in such daed
<br /> --=����+ of any metters or facts shall be conclusive proof ot the truthful�ess thereot. Any porson, including wtthout limitadon
<br />��r_rr;^'r, Truator,7ruscee or Beneftclary, may purct�ase at such sale. -
<br />- _ __ �5) As may be permitted by law,after deducting all costs. fees and expenses ot Trustee and of this Trust,
<br /> ,. ;:,�.•i�«�,-u tnCtuding costs of evtdertcc cf tftie in cannectian with saie.T'rustee shall apply the preceeds uf sale to paymem of Iq the
<br /> �1�:;�:� Indebtedness fiil all other sums tfien securnd hereby,and liiii the remainder,if any,to the persan or persans tegaliy errtitled
<br /> �9�'"�'•y" LttCfOLO.
<br /> v�liw.::ti���
<br />-_�ier,x__�y-:� °°-
<br /> -- �''��' (c! Trustee may in the manner provided by law postpone sale of ali ar any portian of the Trust Estate. -
<br /> ..�.°7!�!`�
<br />'__ .�"^i.�-. =
<br />�::,- ; � 12. �TimMlrs Not Exdusfw. Trustee and Beneftciary, and each of them, shali be eMhied m a�orce peyment and -•=
<br /> T• � �''` per4orm��ce of my indebtedness or obUqatfons secured herehy and to exercisn all riqhts and powars undu this Second Oeed ot ��
<br /> �. .t:'":` �.: —
<br />� , ;,,+�. .;•• Trust or u�der any Loan Instrument or other agreament or any laws now or hlreafter in iorce: notwithnanding, �ome or all of the
<br />- - . . . auch tndabtedness and abltgatlons secwed heroby may now or hereafte;be otharwise sacured.whather by mortgaqe.deetf of trust, - '-
<br />° pledpe,�lan,esstgnme.nt o�otherwise. Nefther the acceptance ot thfs Second Oeed ot T�vst nor(ts enfarcement,whether by caurt �'�:�-__:----
<br /> � a�don ar pWawrtt ta the power af sale or other powers herein conta(ned, shalt pre(udtce or in any manner aNect Trustee's ar -_-
<br /> ' Beneficl�ry'a riQht to reali:e upon or enforce any other seGUrity now or hereafter held by Trusteo or Benefidary,it heinn agreed that `�''^;���
<br /> - . Trustee and BeReficiary,and each af them.shalt be amltled to enforce this Second Oeed af Trust and any cther security now or -:u,.;�F;"���'
<br /> • -�;�
<br /> ._�_'4.�4
<br /> . .j,�i_...
<br /> �� � .
<br />-._-- -- - • 3 - t�"`.'
<br /> r,...�,.- .. ,. ., .. , '
<br /> �����.__.._.;_..._.._:;.,.,,..+���t.:.�.;;�;,,-:-: ; __..,--••------ - - —�._.._..� . �—...,__�--�--��..
<br /> _ , • �
<br /> .. �,c�#,j,�
<br /> , .. . . `'r'l,', • ' ,
<br /> . � � = ,
<br /> , � . �, • �., _
<br />
|