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<br /> ` � � (d) a writ ot m�eeution or attachment ot flnY sim�ar process shall be ente�sd aga6►st Trustar whtch sA���'"a not�teleased. �r ` . �t.`•.
<br /> . .• . i . Trust Eatete or anY OORion theteaf or tntetest tP�ere� and sueh e�cuUon. atlachment or sim�ar ProCess of jud8men
<br /> . , � i bonded.satisC�ed.vaca2eC or stayed w�Ae�sb�ty(6D)d�►YS after�s ent�Y or�ehr or .
<br /> • ,• i (e) there Aas occur�ed a breach of or detauR under eny te►rt►.cove"ent,a�amsn�cond�ion.Provision.represenffition or wasran►Y , �
<br /> containetl In any Prior deed of'trust or mortga8e aftectin9 th�7rust Estete• .},�,��:.:, , `
<br /> , �,,,'-
<br /> . 9 0.Acce t e r a t i o e�P oo b��a p adac t��ana tR eseme sh�BQ'tAereuD n becomedue and pallebte w� en9 P r e s e n b rt t e n� `,`� .. `�
<br /> . �debtedness secu � �.-: ' .
<br /> • demand,protest or natiee ot any kmd.ThereaRer.Benaf'�ciarY malr . :. '
<br /> ' , -- () eNt�er m person ar by agen�wfth or without bra�ging any aetlon or prcceedtng.or by a receiverazt thareof mYits o�name - .- - ` � .
<br /> , `
<br /> -- -,--^"z--� without ragard to tfie adaWecY o!ds seau�'�1I.enter upan and take possesston o}the Trust Esmte.or any P o{���ot --t-- --- ---_ ----
<br /> . . � .�>� or in the n8me o!Trustee.and do any aCts which it deems necesssrY or Qesirab{e to preserve the vaNe. markeffibtGql � ' . "} , .V -4 .
<br /> � t t+e 7 r u s t E s t a t e. ar p a r t thereot or �terest therein, �crease the mcome theretrom or protect the securnY hereof and,wSh or wdhout t
<br /> taking posssssian o!tt�e Trust Estate� sue for ot othervufse c0 1�e c t t he r e n t s.1 5 s u e s a n d P r o���o t,���g�o�P�due and f, ,� r .,.
<br /> _ � `'. ' -.,
<br /> unpaid.and apON the seme, �ss costs and axp8nses o1 oPeraUon and coVecUan inch�ding attomsYs'fees.uAon e�►Y�debtedness ��.
<br /> < . secured hereby. sU in suCh oMar as Beneficiary maY determme. T1�e enterfi9 �Pon and takmg possess�on of the Tnut Eslate.t�e . ��.•...`. ;.� .
<br /> ..- :.�.,-."
<br /> colleetiort at sueh tents. issue8 and profi[s end the aPP�on theteot es etoteseld shell not Cure or waive eny def8uft or notiCe ot _ ,, r:;'
<br /> � detauD Aereunder or invallQafe any act done in response to such Qetaus or pursuent to 5uch notice of defauft aad,nctwfthsta��9�e `,�+t -�
<br /> continuance m possession at the Trust Estete or Me co�ectton,reeeipt end epDllcation of rents�iss�e' ar profits.TrusteB ar Beneflcie[Y M, ;:, .,
<br /> shall be entitbd to e�aercise every right Provided tor rt� any of tAe Loan insuuments or by law upon occurtence of any event ot ds(aua. .. :...�,_�,:.
<br /> °�'.. < , -�
<br /> � i irtcluding the ri8ht to exer�ise the pawer oi sate;
<br /> ' ' l
<br /> . ; l�� commence an action to torec�ose tnis Deed of Trust as a mortgage. apPoint a receiver or sPec'd�CaiN e^to'�e a�Y ot the
<br /> �� covenants hereof: �
<br /> ' ;i (n deuver to Trustea a k�niten Qec�araUon of defauft and demand for sate and a wrMen notke of deisuR aad eiectton to causa f" '� .�
<br /> ` . ... . ; Trustors interest in the Ttust Esteta to be sotd.wh1cA�at�s Trusiee shall cause W�e duly fi'Ie0 tor record'u�the apProArfate of�of _ _ -
<br /> � the County in whic�the Trust Esffite is located%or -- � :°��,-m�,
<br /> � �� � {iv) exer�ise such other rights or remedies at lew or in equdy ` .` �
<br /> � 11.Forectosure by Power O� s�@. If BenBftCiafy eleCts to foreCtose by exerC(Se Of the Power of S8�8 hereln ContainBd, ��` .:."_,.,:•.;�� ;__
<br /> Beneficlary sha0 notity Trustee arsd sha t l d epos i t w ft h T r u s t e e t h i s S e c on d Oeed of Trust end anY nota evidenctng the Indebiedness and such (,1J,,f �7 }-y,,,
<br /> - < receipts and evidence oi expendiwcas made and secured hereby as Troste9 mey retN�. � }n � J
<br /> .� ` (a) Upon recelpt of such notice from Beneficlary,Trustee sh80 cause to be recorded, pubilshed end deliuered to Trustor sua."� .;`., , f-', �C.'�.;_•
<br /> � ,. : :��:°
<br /> � Notice of OefauR and Notice of Sata as 11ien required Dy lav� and 6y thts Second Oeed ot Trust. Trustee shatl, w@haut demand on �.,,t .
<br /> ' �, •; Tniswr,after such time as maY then be re�u0red by taw and a8er recordation o!sucA Not3ce of Oetauft and after Notk;e of Sa�tiavin9 • ��,
<br /> besn given as re4u�ed by taw,seD tha Tmst Estate at the Ume arttl ptace ot sale fbced by�t m suCt�Notice o1 Sate.e�her as a whol�,o� . "',j��-
<br /> in separate lots or paroets or items as Tnistee sha0 deem exped�nL and in such order as ft may detertntne,at pubGc auctlon to the ;.�,+�,_
<br /> , highest bidder for cash fn tawfui money of the Unfted States Oayeble at the time ot sete.Tn►ste0 sheU deliver to suaA purahaser ot ..:,��,,.
<br /> . . :,.`2r: .��
<br /> purct�asers thereoi fts good end suffictent deed or deeCs comreYin9�e ProDerty se sold,but wfthout any covenant or warranty.express ,x'�`_
<br /> � � or tmpfied.The recita�s in such dee�of any matters or facts Shall be concNsive proof of the Guthlutness thereot MY Person, tnCk�dfig . ,r!. �
<br /> - -� - - without IimitaUon Trustot,Trustee or Benef+ciary.maY Purchase at such sate. '';`�_
<br /> � (b) As may be permRted by taw, after deQucting all costs, tees and e�enses ot Trustee and ot thls Trust, tncluding costs ot . �::.`�'
<br /> evidence ot tiUe in connectlon with sate,Tnutee shall apph the Oroceeds of sate to payment of(i)the indebtedness(�aIl other sums . . • ! =^
<br /> • I entitied thereto. , • ^'"J
<br /> � then secured hereby,and(iii)the�emainder,il any.to the person or persons Isga N � _:_�
<br /> ' (c) Truste9 may In the manner provided by law pastpone sai9 of 811 Or eny Dortion ot the Trust Estate• � �;,�}:;'_<
<br /> � 12.Remedies Nat Exclusive.Truste9 8nd BBneffci.�lrY.8nd eBCh of them,snau ee erta�ea to e�rorce oa�en�eno v�o�ce . . �..;�
<br /> .•� � ol any indebtedness or obltgations secured hereby and to exercise a0 rtghts enG Oowers under this Second Oeed of Trust or under any Loan
<br /> ' Instrument or other agreement or any taws now or hereafter in brce;notwiMstaeding.some or ati ot the sucA indebtedness ena obligatbns �_;�}„s+:
<br /> secured here6y may now or hareaftor be othenvise secured. whethe� by moRgage, deed of trusK. P�edSe. ��� �g�ment or othenvtso. . ..�:_;
<br /> � NertS�er the accePtance oi this Second Deed of Tn,st nor its eMarcemenL whether by court actlon or pursuant to the power of sate or o�.+� ' ;4<•:-
<br /> �• � . powers herein contatned, shall pwJud�Ce or In any manner aNect Trusteae or Beneflciarirs right to realize upon or enforce any othet secufi�l
<br /> now or nereatter hetd by TNStee ot 9eneficiary.R betng 8greed that Trustee and Beneftciary.enG each of them,ahall bo entitted to enforee
<br /> this Second Deed of Trust and any other securiry now or hereafter hetd by BenefiCtary or Trustee in such order and manner� =�a a o be � � � .. �
<br /> '�� ot tham may �n theb absolule disCretion Cetem+ine.No temedy herein confeaed upon or reserved to Trustee or Beneficlary
<br /> exciusive ot any other remedy herein or by taw provided or pertnilted, bu!each Shai1 be cumuiative and shall be in addhion to BverY other
<br /> . � �. remedy g�en hereunder or now ot hereafter existing at taw or in equiry Or by Stetute. Every power or �emeQy 9Nen by 8ny Ot the Loen ,
<br /> � ' Instruments to Trustee or Benefici3ry or to w�ict� either of them may be otherwise entitled,may 00 exercised.conCUrteniry or independentty,
<br /> . , � � hom tim he ein sha I be consvu d as p oh�iting BeneHciary irom seeking e detiCienCy Judgmenteagain te he Trustorsto he wctent 6ucA 8ction _
<br /> , Nothing
<br /> is permitted by law. ; . .
<br /> , . � , F77340.LMO(7�97) Paps 3 01 5 , . . -
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