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<br /> ��. ' . (d) a writ of execution or attachmertt af any s(mUar process shall6e er[Eered against Trustor whicP�shall = • ..:
<br /> � became a lien on the Tnist Est�ate er any poNon thereo#or irnerest theretn and such exec Won.aVachmeni or stmflar ��:.
<br />- �. �- process af judgment is not rdeased,bonded,saUsffed.vacaied or stayed w,�hin sixty(60?days after fts ernry or tevy;
<br /> � � __ _c�; � or = -.. _- .-�. _:
<br /> ;,; =, � (e) il�ere!�s ecxurred a bread�of or default under any term,covenam.agreemeni,condidon. prov(sion, - --_ .
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<br /> represerrtaii�on orwarrartcy contafned�n arry prtor deed of trust or mortgage affecting the 7rust Estate. � ;, . .
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<br /> �'- , 10. ACCELERATlONS UPON DEFAULT;ADD17lONAL REINEOIES. If an everR of defauit occurs.BeneRciary may .. _
<br />` ` dedare the indebtedness secured hereby to be du�and paya6le and the same shall t�ereupon become due and payahte .
<br /> i�� ` ., without any pres�sntmerd.demand,protest or notice of any kind. TFier�fter,Beneictary may. � ,
<br /> s E ' - ' (i� either in person or by ageM, with or wlthout bdnging any action or proceeding. or by a tecetver �. � ..
<br /> - .•�.�i apPoinied by a couR and withaut regard to the adequacy of its seeurfty.errter upon and take possession of the Trust R-. _�
<br /> E�ate,or any part thereof,in its own rrame or in the name of Trustee,and do any acts whtch it deems necessary or
<br /> ;:. • � des'srable to preserve the valtt�martcetabHfty or rentaabitiiy of the Trust Estate,or part thereof or interest there(n, , - �-
<br /> increase the income the�efrom or proted the security hereof and, with or wfthout taicing possessian of the Tntst .
<br /> ��� " � Estate,sue for or otherwise colleci the rerits,issues and profds thereof,indttding Mose past due and unpaid,and ,_
<br /> .',;. `,. � � apPly the same, less cnsts and expenses of operatton and collectton [ncluding attomey's fees, upon arry : s.� ;.� _
<br /> � tndebtedness secured hereby, atl in such order as Beneftciary may determine. The eRtering upon and tatdng �
<br /> ,_ possessian of the Trusi Estate, the co l te c t ton o f su c h r�r i t s, i s saes a n d p ro fl t s a n d t h e a p p l i t�t i o n t h e r e o f a s ;�,�
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<br /> aforesa�shatl not ceire or waive aary default or notice of default hereunder or irnaltdate arry ad done in�esponse to . Y_
<br /> 's ' � such defautt or pursuant to such nottce of defauit and,notwithsmnding the corrtlm�ance in possessfon of the Trust - -- =�
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<br /> Estate or the cottection,receipt and application of rents,issues or proffis,Trustee or Beneflctary s'hafl be emitled to ���-
<br /> �` ' wuercise every dgf�t provided fot in any of the Loan Instruments or by taw upon accuRence of any event of default. ��•-�" '
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<br /> ' � inciuding the rigM to exercise the power of sale; ^�, y�y: ��=
<br /> - /���� commence an acUon w forectase this Qeed ef Trust as a moRgage,appoiM a recefire�or specEEtcally " �4�'•�
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<br />,��t;`�. : � ertforce any af the cornenairts hereof, ._—
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<br /> deliver to Trustee a wrftten declaration of detautt and demand tor sate and a wrttten notice of ds►suft ,:;�:�.��
<br /> � atxi ele�cUon to cause Trustors interest in the Trust Estate to be sold.whfch notice Trustee shatl cause to be duly�led � '��:
<br />��� for record in the appropriate offtces of the County in whlch the Trust Estate is locaied;ar . � ' _
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<br /> ;�:" (iv) exercise such other�ights or remedies at Iaw or tn equity. :�T��
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<br /> ' � • 11. FORECLOSURE 8Y POWER OF SALE If Beneflclary elects to toreclose by exercise of the Power of Sale ' - -'-�
<br /> � � . herein contatrted,Beneftctary shall notffy Trustee a� shall deposit with Trustee the Second Deed of Trust and atry note � •�:`;_
<br />`��`� � � e��idencing the Mdebtedness and such receipts and evidance of expenditures made and sacured hereby as Tastee may . •� ��
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<br /> requira ,• ff-•..
<br /> �.�' (a) Upon�eceipt of such rtoUce irom Beneflciary, Trustee shall causo to be recorded, published and • , ��`�'�'��-
<br /> defivered to Trustor such Nottce ot Default and Notice of Sate as then required by law and by this Second Deed of � •:�'�:�_
<br /> ' Trust. Trustee shaD w3thout demand on Trustor,aftet such time as may then be requi�ed by taw and aiter recordation � •�.��
<br /> of such Natice of Qetault and after Notice of Sale having been given as►equired by law,sell the Trust Estate at the � � ��, '=M,;:..
<br /> � � ttme and�lace of sals fixed by ft in such Notice of Sate,either as e whote,or in separate lots or parcels or items as , __ : �=
<br /> ' Tnrstee shail deem expedient,and in such arder as R may determirte,at pubQc auctlan to the highest bidder tor cash T � �g'_
<br /> . � , ' ��.����i in lawful money of the United States pa}rabte at the tirne o1 sate. Trustee shall deitver to such purchaser or " , .,
<br /> � � ( purchasers thereaf its good and suiflcler�t deed or deeds conveying the propeRy so sold,but withaut any covenar�i
<br /> • •�1 or warranty expressed or imptied. The recitals in such deed of any matters or facts shall be conclusive praof of the ; � . � .
<br /> 3,��. � � ? truthfuiness thereof. Any person, including wRhout Umitation Trustor,Trustee or Beneflclary. may purchase at such .
<br /> `' � . �_j 981e. •
<br /> . . . (b) As may be permitted by law,after deducting all costs.fees and e�enses of Trustee and of this Trust,
<br /> � ► including costs of evidence of title in connection with sale.Tntstee sha11 apply the proceeds of sale to payment of m . � � .
<br /> the Indebtedness(i�all other sums then secured hereby, and (Ii� the remainder, if any.to the person or persons
<br />: • � legal{y ent(tled thereto. ` .
<br /> .t.�.: (c) Trustee may in the manner provided by!aw postpone sale of all or any portion of the Trust Est�C�. • � .•
<br /> , 12. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, ahatl be entitled to enforce . � �
<br /> payment and pertormance ef any indebtedness or obllgations secured hereby and to exercise all rights and powers under � �. ,
<br /> - - � this Second Deed of Trust or under any Loan Instrument or other agreement or any tawa now or hereafter in torce; �_ .
<br /> � � notwfthstanding,some or all of the such i�debiedness and obligations secured hereby may naw or hereaiter be othervuise •�` �
<br /> � � � secured.whether by mortgage,deed ot trust,ptedge,ilen,assignment or otherwise. Nei4her the acceptance of this Second .
<br /> : ' Deed of Trust nat its enforcement, whether by court actlon or pursuant to the power of sala or other powers herein
<br /> • .� � corrtained,sha0 prejudice or in any manner aHect Trustee's or Beneflciary's rtgM to realize upon or enforce any other . �
<br /> security now or hereafter hetd by Trustee�r Beneficiary,it being agreed that Trustee and 8eneflciary,and each o!them, ,
<br /> shall be entitled to er�force tfils Second Oeed ot Trust and any other security now or hereaiter held by 8eneficlary �
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