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<br /> and aqrous to pay th� aoat aP extending th� abstraat of tiitle or obtaining a S�
<br /> aerCifiae�te o! title lro�a th� date o! rsaording thi� Deed of Tiugt to the �'
<br /> de�e �t tiling �uit, end upon failuse oP abid party to clo ao, all money so
<br /> advanced by Trustee �hall b�aar intere�st at the rate oP 16.U00 pexaent per -
<br /> annum and sha11 ba �eoured �y ��ii� inciefi�ufe. Ir► acicliS:�on, T�us�or �g�oc� tm .
<br /> pay a r�aeonable attorn�ay�s fe� !or tha proaecuti�n a! a for�aloeure aation, '
<br /> whiah shall be added to the prinaipal balance at the tinte a foreclosu�a
<br /> � " deoree ie entered or shall be pe►id by the Trustor i! Tru�tee aqrees that the
<br /> ` delault may b� aured after the inatit+ution o! a forealosur� suit. , ..
<br /> !►nd in the event Truates selle �hs Property by eueraise of pow�r oP sale, � .
<br /> Trustee shnll be enti�led t� apply any sale proaeeda first to payment oP ell � :_
<br /> costs and expenaes of exercising power of sele, inaluding all Trustee�s Pees, -� . _
<br /> and Lender�s and Trustee�� attorney�s feeB aatudlly incurred to the extent �_..�--•a•.'-
<br /> • permitted by appliaable law. In tha event Borrower or '�rustor exerciseg any -_
<br /> right providsd by law to aure an Event of DePault, Lender shaLl be entitled �� -�
<br /> � to recover �rA�a Trustor a�il aoets and expenses aatually inaurred as a res�ult �'"�`�f
<br /> oP Truator�s dafault, includinq, wiichout limitation, all. �rusteeos and ;,'_
<br /> � attorn�y�s fe�s, to the extent permitted by appliaable law. Suah costa shal� :_�
<br /> be added to the prinafpal sum due hereunder and drew interest at the defauZt � �,,,�:_
<br /> rate of 16.000 peraant par annum. ., �"�
<br /> ,_
<br /> ' The Trustee ahall have the riqht to release with or without consideratSon or : ; ,, ..��
<br /> credi� on the indebtedness hereby secured, any part of the property herein ,� _
<br /> deacribed by adequate 2aga1 instrument without regard to th� exiatence of any � �;:`��
<br /> junior anaumbranae and without the aonsent o! suah junior enaumbranaer, and :�,����
<br /> -,� such releaee shall have no furthex effect upon the rank, lien or esta�e ; �--_
<br /> � aonveyed hereby or againat the Trur�tee than is therein expresaed. •;��—
<br /> -- �,: ,.�-.
<br /> " BenePiaiary may at any time ansi �rom time to time appoint a suaaesBOr Truetee a��-
<br /> ��, by filing for reaord in each county where the trust property or part thersof
<br /> � is located a a�otiaee of substitution of TruBtee. _ �
<br /> In the event that the real property herein described, or any portion thereof ��
<br /> •� • . a�n intcre�t therein be sold, mortgaqed ar convayed, or becomes subject to �:_
<br /> or -
<br /> Y
<br /> .. nn agree�ent to sell, moricgage or convey, prior to tha �ixe the indebkedne�s �:-_
<br /> secured heraby shall have been paid in lull, thea the entira indebtedness ___
<br /> sacurad by thia Trust Aeed shall at the option of the Benefiaiary beaom4 dus -
<br /> and �nynble.
<br /> .�-
<br /> That if tha proparty, or any part therecP, be �ondemned under any power of �
<br /> � eainant do�rain, or acquirsd for public use, the damacTes, proaeeds, and the
<br /> consideration for euah acquisitioxa, to the extent of the full amount of -- -
<br /> indebtedn�aa upon this Truet Deed and tha Deed oP Truat Note secured hareby "`�.
<br /> . remaining unpaid are hereby aseiqned by Trustor to the holder of said Deed o! _
<br /> Trust Notie and Trust Deed and ahall be �eid lorthwith to said holaer ta be _
<br />! • applied by it rirstly to tha �ayment of any expenses said holder may incur in
<br />_, , the aondemnation procesding, and secondly on the indebtednesa aecured hereby �
<br /> � in auah manner as it elects, or the amount so received or any part thereo! �
<br />_. � may lae released by the said Senefici.ary. ------ ,�^-�
<br /> Beneficfary may within three months nfter the �ale of the property undex this ��`' ��;
<br /> Trust Deecl, sue Trustor in an aatiun Por reaovery of any balance due, �.�=: .,=y� s„'
<br /> including ir�teres� Prom the date of sale, the co�ts and expenses of � ��x�""��-•�� "-=�
<br /> ,,, �.,-... ..
<br /> ii 1 F,�'V'..�,...F`!.:.'�.
<br /> exeraising the power of sale, and of the sale, upon this obligation which was '�'„�„ ,,,,_u�8
<br /> not retired �nd paid by the proceeds of the sale of the same. �'`�` •"`�����'
<br /> Any par�ial release or subordination agreement shall only be executed by the '�,x;�-��
<br /> Trustae on the written direation of seneficiary, evidenced by his joind�x in . �
<br /> .. such inetrument. ,
<br /> __ _ _ Upan written notico from the BenePiciary that the debt secured heroby has ��
<br /> . �,
<br /> � bse11 pai�1 iri ftill, eViclenCed Dy joindes o� cne �senesaaiary in L`ne iiis� - =--- =-_. _
<br /> � release document, TruatQe shall �econvey, without warranty, the estate in the • ��
<br /> �� property then held by the Trustee.
<br />= �� Whenever tha word ha, hi� or him ia used herein, suah word shall also mean � �
<br />- �� � and include the words she, they, it, hers, theira or �ham, and the singular �
<br />=` ahall likewiBe mean and include the plural, and the words heirs shall also „
<br />= mean personal representatives and succeesors in interest by whatever r.ight, ��
<br /> . as the context indicate�s. �
<br />= , 1
<br /> I f � I.
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